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What?s Happened to Blumont, Asiasons and LionGold

Singapore shares crawl higher as small, mid-caps stocks top trading: Reuters

Singapore shares edged up on Monday, buoyed by the market regulator's decision to lift trading restrictions in three small and mid-cap stocks.

Shares of Asiasons Capital Ltd more than doubled in value, while Blumont Group Ltd and LionGold Corp Ltd jumped about 90 percent in heavy trading, after SGX lifted trading restrictions on these stocks and restored their full access to the equity market. ...

The benchmark Straits Times Index inched up 0.2 percent to 3,197.50, in line with a 0.2 percent gain in MSCI's broadest index of Asia-Pacific shares outside Japan.

The FT ST Small Cap Index has risen more than 3 percent so far this year, while the FT ST Fledgling Index, which covers companies with smaller market capitalisations, jumped nearly 20 percent. Both outran the benchmark index's 0.9 percent rise year-to-date.

" We believe that small mid caps will continue to attract investors interest with its superior growth," DBS said in a research report.

DBS's picks include Nam Cheong Ltd, Goodpack Ltd, Centurion Corp Ltd and Yoma Strategic Holdings.

DBS also recommended Ezion Holdings Ltd, Kreuz Holdings Ltd and Rex International Holding Ltd in the oil and gas space, as well as palm oil stocks Bumitama Agri Ltd and Indofood Agri Resources Ltd

 

Will eat durian soon..still worry about blumont.right issues... tomorrow money in pocket.willbe safe....will be back if.price stable....thanks all

 

asia blue lion's lunchtime.. 

 

Important Notice - ?Designated Securities?

 
Singapore Exchange (SGX) will end the designation of stocks in Asiasons Capital Limited (?Asiasons?), Blumont Group Ltd and its related securities (?Blumont?), and Liongold Corp Ltd and its related securities (?LionGold?) on Monday, 21 October 2013, at 8.30am.

Attached SGX Regulatory Announcement on ending of the designation for your attention.

We have also prepared an FAQ to assist you on this matter.

Please note that poems internet trading for the designated securities will be available from 22 Oct 2013 (Tue). No amendment to internet rates will be entertained.

 

 

QUESTIONS AND ANSWERS

1. For stocks bought during the period of designation, will investors be allowed to

sell the stocks before the purchases are settled on T+3?

Yes. Following the ending of the designation, stocks bought during the period of

designation can be sold prior to the settlement of the trades on T+3.

2. Do sellers of the stocks still have to show satisfactory evidence that they own

sufficient quantities before brokers can execute a sell order?

No. There is no longer a requirement for sellers to show proof of ownership of stocks

before brokers can execute a sell order.

3. For purchases of the stocks, do investors still need to make cash payment

upfront before brokers can execute a buy order?

No. Upfront cash payment is no longer required by SGX before brokers can execute a

buy order. This is subject to trading restrictions that brokers may impose as part of their

credit risk management policy.

4. Is short selling now allowed?

Yes. Short selling will now be allowed.

5. Is contra trading now allowed?

Yes. Contra trading will now be allowed.

6. Is trading on margin financing now allowed?

Yes. Trading on margin financing will now be allowed, subject to individual broker?s risk

management policy.

7. Is internet trading now allowed?

Poems internet trading will be available from 22 Oct 2013 (Tue).

8. How will SGX treat breaches of trading restrictions imposed on the designated

stocks?

Trades done during the period of designation are subject to trading restrictions. Any

breach of such restrictions will be reviewed by the SGX to determine the appropriate

regulatory action.

 

Perform below hopes...sian..maybe all.brokerage limited their buy..cimb..30k limit..no online trade...trade with care...take care and enjoy.the.durian if u are happy

 

For those who did not pay cash topick up these 3 counters, script should be changed to :

" 裙 子 "   換 成 " 股 票 " ................haha........



 

 

Hope all close high today!

 

Asiasons 1st to open 0.25c n now oso 1st to go below 0.20c, hitting a low of 0.19c...Blumont is touching 0.20c - so far os good. while liongold is still hitting 22c/23c. Liongold opening - 0.29c.

Happi speculating n trading....wish players huat...arhh.

 

Maybe matching.will take place around 25cents

edwinjup      ( Date: 21-Oct-2013 08:39) Posted: Matching now around 21-24cents...should be higher after open..hope

 

Matching now around 21-24cents...should be higher after open..hope

 

So can buy online trade Poems?

 

U r right... however... to restrict retailers at this price is retarded.... its at its historical low.... a good punt.... if it make sense.... they should restrict at very high price when its over a dollar... restriction when prices are low shows that ur credit manager is stupid....

FundsTransfer      ( Date: 21-Oct-2013 07:43) Posted: I think some of these brokerages are sitting on losses that are tens of millions in dollars. Would not be surprised if there's a need for a small injection of capital. Peter_Pan      ( Date: 20-Oct-2013 22:01) Posted: there's an article in the edge on brokerages kena jialat jialat from asia blue lion.. will they want to risk further to allow their clients to play contra tomorrow without first paying upfront cash? maybe play contra 10k can bah.. may 20k?? maybe depending on their clients' pocket how deep? maybe monthly income how much? many maybees... maybe brokerages may also see whether their remisers' pockets deep enough to pay for their clients in the event of anything blow up again and their clients default??? so better trade with care...maybe the gap up matching is operators' short-sell orders leh...how?? like bro teeth53...just sharing my thot.

 

I think some of these brokerages are sitting on losses that are tens of millions in dollars. Would not be surprised if there's a need for a small injection of capital.

Peter_Pan      ( Date: 20-Oct-2013 22:01) Posted: there's an article in the edge on brokerages kena jialat jialat from asia blue lion.. will they want to risk further to allow their clients to play contra tomorrow without first paying upfront cash? maybe play contra 10k can bah.. may 20k?? maybe depending on their clients' pocket how deep? maybe monthly income how much? many maybees... maybe brokerages may also see whether their remisers' pockets deep enough to pay for their clients in the event of anything blow up again and their clients default??? so better trade with care...maybe the gap up matching is operators' short-sell orders leh...how?? like bro teeth53...just sharing my thot.

 

Why can't the BB's trump card be short all the way to 5cents and hold it there for 5 days, before moving them up??!! 😉
Beware the 3 mad horsemen! 😝

 

bro, how u know that seems like lots of people very keen and demand is stronger than supply??

edwinjup      ( Date: 20-Oct-2013 15:35) Posted: This morning..my uncle asked my dad to invest in all three counters when open tomorrow..say he will invest at least fifty lots each tomorrow..he say he will keep until fifty cents...when he met my dad at coffee shop ....seems lots people.very keen..demand is stronger than.supply

 

I kanna by clob before..wat u think...I have invest in liongold and asiason as I believe they are over sold...I nearly invest when they are above a dollar last month......lucky chose rh peteogas instead of them.....

vincente      ( Date: 20-Oct-2013 22:12) Posted: Bro Edwin,are you a Malaysian citizen?I noticed you seem to be promoting malaysia linked  counters.Just curious.:) edwinjup      ( Date: 20-Oct-2013 21:36) Posted: Sias give.tp. $1.34 for liongold.last year...seems too high now...downgrade it ok....as.liingold.may needs more time to rebuil

 

wah... back from biz.. this gold fall into my hands tomorrow.. (" ,)

HUAT AH~ first thing up 100%  take profit.. haha

Good luck peeps.. DYODD.

medivh      ( Date: 09-Oct-2013 23:31) Posted: liongold seems better poised  and stronger IMO.   DYODD

 

Bro Edwin,are you a Malaysian citizen?I noticed you seem to be promoting malaysia linked  counters.Just curious.:)

edwinjup      ( Date: 20-Oct-2013 21:36) Posted: Sias give.tp. $1.34 for liongold.last year...seems too high now...downgrade it ok....as.liingold.may needs more time to rebuild vincente      ( Date: 20-Oct-2013 21:31) Posted: I checked with my Sifu and was told to avoid the 3 counters  as he heard brokering houses are downgrading  the 3 counters to sell or U/P. Remember how the CLOB shares were traded during the hey days with many Datuks taking cross investments propping the shares px like what they are doing now. With the 3 infamous stocks, the risk factor for pennies rose alot as many players got burnt and selling pennies they picked up to pay contra losses. Brokers are not running charities...they will definitely protect their own interests, their own asses first. Cheap stocks can become cheaper. Just my 2 cents

 

Your money you decide...can play but dont play over your.limit...do some risk assement....just trade with extra care...mkt can turn against u.within a.min....good luck and huat all together....

 

there's an article in the edge on brokerages kena jialat jialat from asia blue lion.. will they want to risk further to allow their clients to play contra tomorrow without first paying upfront cash? maybe play contra 10k can bah.. may 20k?? maybe depending on their clients' pocket how deep? maybe monthly income how much? many maybees... maybe brokerages may also see whether their remisers' pockets deep enough to pay for their clients in the event of anything blow up again and their clients default???

so better trade with care...maybe the gap up matching is operators' short-sell orders leh...how??

like bro teeth53...just sharing my thot.