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I think now may not b so nice to say this stuff... Mkt already so red n many very down... Let's not pick a fight n b at peace ok? Huat ar!

bubblebabe      ( Date: 04-Oct-2013 14:53) Posted: hihihi  i realise you always mention in forum that many pple PM u concern about you.....are u imagining ....? think nobody PM u lar..... mabbe u delusional...cos u lost a lot in AP Strat base on your calls in your private group...cheerios! librajet      ( Date: 03-Oct-2013 13:24) Posted: haha a few members msg me straight away after I posted I stop trading haha. I am not against   trading, all brokers will kill me for doing that but if you are not ready, not able to read or understand counters yourself......go for courses. I have seen many ppl fall thru-out all this yrs. Newbies, really think not twice but many times pls, before going into trading. Good luc

 

hihihi  i realise you always mention in forum that many pple PM u concern about you.....are u imagining ....? think nobody PM u lar..... mabbe u delusional...cos u lost a lot in AP Strat base on your calls in your private group...cheerios!

librajet      ( Date: 03-Oct-2013 13:24) Posted: haha a few members msg me straight away after I posted I stop trading haha. I am not against   trading, all brokers will kill me for doing that but if you are not ready, not able to read or understand counters yourself......go for courses. I have seen many ppl fall thru-out all this yrs. Newbies, really think not twice but many times pls, before going into trading. Good luck Luna69      ( Date: 03-Oct-2013 13:04) Posted: I read it too just now when I saw the thread ... Really feel for him n myself too ... Hope for the best ! Huat Ar!!

 

Could big Bro & Sis help me analyze this Amplefield, i saw ppl just eat a few bps at one mouth then pause, twice .... but not following up? Similar to what Bro SC has observed

 

Stockham korkor, u seem to be the big sifu in this thread. Can give your views whether this micro penny rally has ended and end of the game? Even those with good fundamentals will not be spared? Once BBs dumped, it will be a long time, if ever at all, before the pennies can rise from the ashes again? Do u think the US scenarios post a real threat?

Im impressed by your last post here. Do u agree that pennies are just roasted by BBs but will just not hesitate to dump when presents any dangers, regardless of their fundamentals?

Thanks.

Stockcham      ( Date: 04-Oct-2013 13:57) Posted: Bros & sis, even if there is some rebound, the worst is not over yet. Correction won't be so short period one. Who knows we may be in for a real correction.  Those holding counters that chiong a lot without fundamental support or potential support pls be careful. It may not drop a lot now but hard to say in the days to come because BBs may hold it there to clear their holdings. As for now, any  rebound is for BBs to run. So pls be careful and if possible run earlier than the BBs. Now I'm more concern with those who have holding power. History showed that many got stucked for many years because they think as long as they don't sell it will mean no losses because it will go up one day. Before you think of that, pls check out whether the stocks you are holding have good potential or fundamental. Good luck all!

 

My broker said currently no penalty yet.
But Sgx will buy back for u based on nxt day Ask Price + 2 bids n am admin fee of 70min

JarolLo      ( Date: 04-Oct-2013 13:12) Posted: Bro, from what I know, you should buy back on the same day if you shortsell, if not will be penalised for $1K. Whether SGX will be back 2 bids higher this is the first time I heard about it. Failed to indicate short sell should be ok. I also did before, also accidentally sell instead of buy, but so far nothing received from SGX. camukaba      ( Date: 04-Oct-2013 13:06) Posted: Just now broker called, said I accidentally sold my Mirach twice on Wednesday. The first transaction was to cut loss, but turns out that I am actually earning a good profit from the second transaction now. Somewhat made me feel better in this lousy market.   SGX will buy back at 2 bids higher than the opening price on Monday. But will also kena penalty because I failed to 'indicate' it's a short sell. Wish me luck! Haha. XD

 

Good advise..... dyodd.

Stockcham      ( Date: 04-Oct-2013 13:57) Posted: Bros & sis, even if there is some rebound, the worst is not over yet. Correction won't be so short period one. Who knows we may be in for a real correction.  Those holding counters that chiong a lot without fundamental support or potential support pls be careful. It may not drop a lot now but hard to say in the days to come because BBs may hold it there to clear their holdings. As for now, any  rebound is for BBs to run. So pls be careful and if possible run earlier than the BBs. Now I'm more concern with those who have holding power. History showed that many got stucked for many years because they think as long as they don't sell it will mean no losses because it will go up one day. Before you think of that, pls check out whether the stocks you are holding have good potential or fundamental. Good luck all!

 

Bros & sis, even if there is some rebound, the worst is not over yet. Correction won't be so short period one. Who knows we may be in for a real correction.  Those holding counters that chiong a lot without fundamental support or potential support pls be careful. It may not drop a lot now but hard to say in the days to come because BBs may hold it there to clear their holdings. As for now, any  rebound is for BBs to run. So pls be careful and if possible run earlier than the BBs. Now I'm more concern with those who have holding power. History showed that many got stucked for many years because they think as long as they don't sell it will mean no losses because it will go up one day. Before you think of that, pls check out whether the stocks you are holding have good potential or fundamental.

Good luck all!

 

My intel just told me..... estimated 50% of retailer got hit (hearsay only ah, no data was given to me).....sad.  I should name this the " SPR" incident lor.

Siwomp      ( Date: 04-Oct-2013 13:29) Posted: This is like the cooling measures our govt implemented...... they implement the measures when the property mkt is hot.  we don't see them implementing it when the mkt has already weaken  and on the verge of crashing. That's why I say good intention turned bad (due to bad timing)....In this case they did not dyodd lor.  want to save future blumount investors, ended up killing lots of investors in other counters....like the " Movie Saving Private Ryan" vincente      ( Date: 04-Oct-2013 13:21) Posted: That time SIAS is still in its infancy stage and a lot of decision got to do with Malaysia govt especially with MM.There is not much SGX can do either as it is their malaysian listed companies.However,SIAS has grown with clout over the yrs. It is a qusetion of  timing  whtr you want to take the medication now or later.Later the condition will turn  chronic and terminal as the disease spread.It is no denial that  something is not right with the stock.FA wise is poor and the company is losing money.Market capitalisation is much bigger than SPH or Venture.I  recall that I read an article mentioning  no stock in the world has risen so fast and so much like blumont.Not even google or microsoft can match it.Of course it is no thank to this debacle(or the riggers)  that the whole market sentiment is affected

 

Haha...... lol.... Huat Ah!

muifan      ( Date: 04-Oct-2013 13:46) Posted: bro, nicely said, exactly what i wanted to say but cannot put in beautiful words like you..   Siwomp      ( Date: 04-Oct-2013 10:45) Posted: Haha... getting the adrenalie rush and the satisfaction of a Trading Plan well executed and coming true.....lo

 

bro,

nicely said,

exactly what i wanted to say but cannot put in beautiful words like you..

 

Siwomp      ( Date: 04-Oct-2013 10:45) Posted: Haha... getting the adrenalie rush and the satisfaction of a Trading Plan well executed and coming true.....lol muifan      ( Date: 04-Oct-2013 10:43) Posted: ALOT OF PEOPLE ASK ME , IF STOCKS SO DIFFICULT , WHY STILL PLAY STOCKS? I ALWAYS REPLY : FOR ENTERTAINMENT AND BONUS IS MAKE SOME MONEY, IF LOSE MONEY DONT GET DEPRESS, IF LIFE NO ENTERTAINMENT,  REALLY WASTED LIFE. MAY ALL HUAAAAAAAAAAAAAAAAAAAAAAT AHHHHHHHHHHHHHHHH

 

This is like the cooling measures our govt implemented...... they implement the measures when the property mkt is hot.  we don't see them implementing it when the mkt has already weaken  and on the verge of crashing.

That's why I say good intention turned bad (due to bad timing)....In this case they did not dyodd lor.  want to save future blumount investors, ended up killing lots of investors in other counters....like the " Movie Saving Private Ryan"

vincente      ( Date: 04-Oct-2013 13:21) Posted: That time SIAS is still in its infancy stage and a lot of decision got to do with Malaysia govt especially with MM.There is not much SGX can do either as it is their malaysian listed companies.However,SIAS has grown with clout over the yrs. It is a qusetion of  timing  whtr you want to take the medication now or later.Later the condition will turn  chronic and terminal as the disease spread.It is no denial that  something is not right with the stock.FA wise is poor and the company is losing money.Market capitalisation is much bigger than SPH or Venture.I  recall that I read an article mentioning  no stock in the world has risen so fast and so much like blumont.Not even google or microsoft can match it.Of course it is no thank to this debacle(or the riggers)  that the whole market sentiment is affected. Siwomp      ( Date: 04-Oct-2013 12:50) Posted: Just like the CLOB incident.... good intention... no much result (then). Now .... good intentions turn bad, very bad

 

Bro JarolLo and TofuLeg, yeah that's my understanding, but in my case think it was a system error that made my Mirach transaction go through twice. So I don't have to pay the short-selling penalty, but still need to pay a sum of penalty. At least that's what I understood from the broker haha.

This is the second time I dio this le. Last time there was an error in my portfolio (it was my mistake not to double check), and I sold NOL when I don't actually have them. That time paid $150 bucks in penalty on top of my losses.  

TofuLeg      ( Date: 04-Oct-2013 13:23) Posted: I think the new rule states that short selling must buy back on the same day. Next day will be penalised for 1k and subsequent days will be fined 5k each. Even if the stocks are halted or suspended, as long as it is a trading day u will be penalised. JarolLo      ( Date: 04-Oct-2013 13:12) Posted: Bro, from what I know, you should buy back on the same day if you shortsell, if not will be penalised for $1K. Whether SGX will be back 2 bids higher this is the first time I heard about it. Failed to indicate short sell should be ok. I also did before, also accidentally sell instead of buy, but so far nothing received from SGX

 

I'm glad that you are out.

susan66      ( Date: 04-Oct-2013 13:16) Posted: You should have advised me that day if have story bec I have no time to read news lol. Thanks for your concern, set cut loss for Asiasons cut off, still earn, because have entered since $1.19 sold off $2.50, then re-enter lose a bit. Blumont give back but never mind, sold off the rights earlier. Lucky I never do contra trades for these 2, put in cfd can set cut loss. Lesson learnt, when you feel very happy, it's time to take profit! Need to learn more from you. Hope most are still " alive" ! Stockcham      ( Date: 04-Oct-2013 11:06) Posted: I usually try not to tell people to sell because if it goes up then I will feel very bad. But this time I really regret for not telling sis susan66 to sell.....sianz. . These 3 suspended counters got some story one. I nearly told her but in the end decides not to do so but only hint whether they are worth that price....sianz.

 

Singapore Exchange suspends trading of Blumont shares

SINGAPORE, Oct 4 (Reuters) - Singapore Exchange has 
suspended the trading of Blumont Group Ltd  shares 
after the company said it plans to take over a foreign-listed 
coal mining company, sending its shares plunging by more than 50 
percent. 
" This is to safeguard the interests of the market as there 
could be circumstances that would result in the market not being 
fully informed," a stock exchange filing said. 
Blumont said before market hours on Friday that it had 
reached an agreement on the terms of a proposed takeover bid of 
a coal mining company for up to S$146 million ($117 million).

 

I think the new rule states that short selling must buy back on the same day. Next day will be penalised for 1k and subsequent days will be fined 5k each. Even if the stocks are halted or suspended, as long as it is a trading day u will be penalised.

JarolLo      ( Date: 04-Oct-2013 13:12) Posted: Bro, from what I know, you should buy back on the same day if you shortsell, if not will be penalised for $1K. Whether SGX will be back 2 bids higher this is the first time I heard about it. Failed to indicate short sell should be ok. I also did before, also accidentally sell instead of buy, but so far nothing received from SGX. camukaba      ( Date: 04-Oct-2013 13:06) Posted: Just now broker called, said I accidentally sold my Mirach twice on Wednesday. The first transaction was to cut loss, but turns out that I am actually earning a good profit from the second transaction now. Somewhat made me feel better in this lousy market.   SGX will buy back at 2 bids higher than the opening price on Monday. But will also kena penalty because I failed to 'indicate' it's a short sell. Wish me luck! Haha. XD

 

Singapore's Blumont Group plans $117 mln takeover of coal miner

MELBOURNE, Oct 4 (Reuters) - Singapore conglomerate Blumont 
Group  said on Friday it has agreed terms on a proposed 
takeover of a foreign-listed coal company for about S$146 
million ($117 million), sending its shares plummeting 39 
percent. 
Blumont did not name its target, but said it had made 
previous investments in the company. A company it has invested 
in, Australian-listed coal explorer Cokal Ltd  , went on 
a trading halt at the same time. 
Blumont said the acquisition would be paid for through a 
share issue of about 72.2 million new Blumont shares. 
Separately, it said it had agreed to invest up to about S$98 
million in the target by buying new shares and convertible bonds 
issued by the target. 
Cokal's shares traded up 4.6 percent at A$0.23, valuing the 
group at A$104.7 million ($98.2 million) ahead of the trading 
halt. 
Blumont shares dived 39 percent to S$1.225 following its 
announcement. Blumont shares had been the best performer in the 
Singapore market so far this year ahead of the announcement, 
data from Thomson Reuters StarMine shows. 
Cokal is focused on developing metallurgical coal in 
Indonesia, where its Bumi Barito Mineral project was recently 
granted a mining production license. 
Cokal's spokesman was not immediately available for comment. 

 

That time SIAS is still in its infancy stage and a lot of decision got to do with Malaysia govt especially with MM.There is not much SGX can do either as it is their malaysian listed companies.However,SIAS has grown with clout over the yrs.

It is a qusetion of  timing  whtr you want to take the medication now or later.Later the condition will turn  chronic and terminal as the disease spread.It is no denial that  something is not right with the stock.FA wise is poor and the company is losing money.Market capitalisation is much bigger than SPH or Venture.I  recall that I read an article mentioning  no stock in the world has risen so fast and so much like blumont.Not even google or microsoft can match it.Of course it is no thank to this debacle(or the riggers)  that the whole market sentiment is affected.

Siwomp      ( Date: 04-Oct-2013 12:50) Posted: Just like the CLOB incident.... good intention... no much result (then). Now .... good intentions turn bad, very bad. vincente      ( Date: 04-Oct-2013 12:44) Posted: ??...SIAS did the right thing to warn investors and sounded SGX...bascially that is their function and objective.It is  better to  take action now than wait till the  px is $5 or $10 which is more painful  later on

 

You should have advised me that day if have story bec I have no time to read news lol. Thanks for your concern, set cut loss for Asiasons cut off, still earn, because have entered since $1.19 sold off $2.50, then re-enter lose a bit. Blumont give back but never mind, sold off the rights earlier. Lucky I never do contra trades for these 2, put in cfd can set cut loss. Lesson learnt, when you feel very happy, it's time to take profit! Need to learn more from you. Hope most are still " alive" !

Stockcham      ( Date: 04-Oct-2013 11:06) Posted: I usually try not to tell people to sell because if it goes up then I will feel very bad. But this time I really regret for not telling sis susan66 to sell.....sianz. . These 3 suspended counters got some story one. I nearly told her but in the end decides not to do so but only hint whether they are worth that price....sianz.

 

Bro, from what I know, you should buy back on the same day if you shortsell, if not will be penalised for $1K. Whether SGX will be back 2 bids higher this is the first time I heard about it. Failed to indicate short sell should be ok. I also did before, also accidentally sell instead of buy, but so far nothing received from SGX.

camukaba      ( Date: 04-Oct-2013 13:06) Posted: Just now broker called, said I accidentally sold my Mirach twice on Wednesday. The first transaction was to cut loss, but turns out that I am actually earning a good profit from the second transaction now. Somewhat made me feel better in this lousy market.   SGX will buy back at 2 bids higher than the opening price on Monday. But will also kena penalty because I failed to 'indicate' it's a short sell. Wish me luck! Haha. XD

 

Just now broker called, said I accidentally sold my Mirach twice on Wednesday. The first transaction was to cut loss, but turns out that I am actually earning a good profit from the second transaction now.

Somewhat made me feel better in this lousy market.   SGX will buy back at 2 bids higher than the opening price on Monday. But will also kena penalty because I failed to 'indicate' it's a short sell. Wish me luck! Haha. XD