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What?s Happened to Blumont, Asiasons and LionGold

The investment bank invest on blumont and liongold last year when price low...and lock in profit when price high and short.also....as sgx allow shorties...as price wont go back the glory time..they can slowly cover back their short position...

 

So far wat I gather from the star or the edge msia...the trigger of selldown mainly due to a us investment bank on liongold and blumont..they not only dispose their holding..they short futher...local investors panics and sell down further....with sgx actions...the price dead as it become restricted...rumours like cad..mas... start to circular....I think the true is the counter is over value and american seize the opportunity to show hand..like olam and cmz..well planned.....

teeth53      ( Date: 20-Oct-2013 13:24) Posted: No manipulation n after SGX investigation..????. Will SGX release any of their findings coming Monday morning???. The 3 designated stocks will be de-regulated (free for all to shoot or speculate) on Coming Monday Oct 21. It would surely allow players to decide better knowingly what SGX can share those info  with the public.

 

No manipulation n after SGX investigation..????.

Will SGX release any of their findings coming Monday morning???.

The 3 designated stocks will be de-regulated (free for all to shoot or speculate) on Coming Monday Oct 21. It would surely allow players to decide better knowingly what SGX can share those info  with the public.

 

Yes....it's a very fair and good observation. Most likely to gap up too but do trade carefully since we have seen what they can do and hurt ppl who are too greedy or carelessly. These counters are not stable and if at the wrong end then it's back to sq one. Pocket kosong again.

SFGuyRuleZ      ( Date: 20-Oct-2013 02:33) Posted: Let's be fair. Just checked on Blumont and Asiasons and they indeed have very good and strong fundamentals. However their earnings definitely do not justify their once lofty share price, not forgetting also the fact that a high percentage of their profits are not in the form of cold hard cash. Having said, if investors still have the trust and can see in them the " gem" of the capability to produce greater growth and profits / earnings in the future to come, the prices now are definitely undervalued. However, in my own opinion and based on my own FA, anything above $1 is definitely too good to be true, at least for the next few years.. Not vested.. SFGuyRuleZ      ( Date: 20-Oct-2013 01:18) Posted: This time, I fully agree with what Aberdeen123 said. It is just a matter of passing the bomb higher and higher until the last unfortunate soul get it.. Then again, this is just my own opinion..

 

U mean 2000lots but kana rejected.

Be realistic damage is done , it can't go back to its go go days.

The reason is up because there are no sellers. Once profit taking starts this will be the new equilibrium price.

edwinjup      ( Date: 20-Oct-2013 09:51) Posted: U q to buy at 20cents*100lots...?? FearValueGreed      ( Date: 20-Oct-2013 09:46) Posted: Just went to q at phillip and lim&tan broker , only allow me to buy 100lots think cap at 20k dollars. Loooks like gonna call my broker intead of online trade for cluster bombing feature. Think mon will be up up before rest down and up to close green. Then tue report comes out to say good things about fair value blar blar.... surge some more before it end the week with really fair value. Key to note : no sellers by forced or margin. Traders will control the game next few days. Only FA believers will hold end of week. SO WATCH YR FRONT. BATTLE OF NORMAND

 

Seems the demand is ten times more than supply..dont be too surprise to see at least 100-300% percent jump on this three counters...

FearValueGreed      ( Date: 20-Oct-2013 09:46) Posted: Just went to q at phillip and lim&tan broker , only allow me to buy 100lots think cap at 20k dollars. Loooks like gonna call my broker intead of online trade for cluster bombing feature. Think mon will be up up before rest down and up to close green. Then tue report comes out to say good things about fair value blar blar.... surge some more before it end the week with really fair value. Key to note : no sellers by forced or margin. Traders will control the game next few days. Only FA believers will hold end of week. SO WATCH YR FRONT. BATTLE OF NORMANDY Tomique      ( Date: 20-Oct-2013 09:36) Posted: All the 3 de-designated stocks will definitely spike on Monday. But as they rise there should be alot of intraday profit taking and re-entering the market probably several rounds. Thus the prices of the three should be quite volatile on Monday.

 

Reading from thestar.com.my.. reporting.more news than channelnewasia on this three counters....also write on rumour.say goldman and some hedge funds are the shorties....I think they yet to.cover back due to sgx restriction...

 

U q to buy at 20cents*100lots...??

FearValueGreed      ( Date: 20-Oct-2013 09:46) Posted: Just went to q at phillip and lim&tan broker , only allow me to buy 100lots think cap at 20k dollars. Loooks like gonna call my broker intead of online trade for cluster bombing feature. Think mon will be up up before rest down and up to close green. Then tue report comes out to say good things about fair value blar blar.... surge some more before it end the week with really fair value. Key to note : no sellers by forced or margin. Traders will control the game next few days. Only FA believers will hold end of week. SO WATCH YR FRONT. BATTLE OF NORMANDY Tomique      ( Date: 20-Oct-2013 09:36) Posted: All the 3 de-designated stocks will definitely spike on Monday. But as they rise there should be alot of intraday profit taking and re-entering the market probably several rounds. Thus the prices of the three should be quite volatile on Monday.

 

Just went to q at phillip and lim&tan broker , only allow me to buy 100lots think cap at 20k dollars.

Loooks like gonna call my broker intead of online trade for cluster bombing feature.

Think mon will be up up before rest down and up to close green. Then tue report comes out to say good things about fair value blar blar.... surge some more before it end the week with really fair value.

Key to note : no sellers by forced or margin. Traders will control the game next few days. Only FA believers will hold end of week. SO WATCH YR FRONT.

BATTLE OF NORMANDY

Tomique      ( Date: 20-Oct-2013 09:36) Posted: All the 3 de-designated stocks will definitely spike on Monday. But as they rise there should be alot of intraday profit taking and re-entering the market probably several rounds. Thus the prices of the three should be quite volatile on Monday.

 

All the 3 de-designated stocks will definitely spike on Monday. But as they rise there should be alot of intraday profit taking and re-entering the market probably several rounds. Thus the prices of the three should be quite volatile on Monday.

 

From TA
Asiason shd hv no issue to hit 20 cents if star align.

Anything above suggest dun buy.

Risk is ok if buy 15cents below on mon.

Purely on TA. Rewards 1:3

 

Reading from thestar.com.my....board to focus on repairing damaged reputation..datuk azlan..the controlling shareholder.of asiason..say seeing from the report...the trigger of recent meltdown is an investment bank..they trigger blumont and.liongold but affect asiason hold liongold...maybe investment bank know major shareholder of lion and blumont share is in fiancing.a dropped in price will caused force selling by bank...maybe by them...I think only

 

While reports have highlighted that the companies involved in the selldown were linked through a complex web of shareholdings, it is difficult to prove those companies are controlled by one group or party.

 

I was just kidding....
If it is just foreign funds shorting.... Then got hope already!
I wonder what will be the pennies play going forward from now till year end?

edwinjup      ( Date: 20-Oct-2013 07:55) Posted: Actually nothing wrong because the biggest interlink co in sgx is gic..or sg gov co like singtel keppel..etc...but this time..I believe some foreign funds shorting all three counters together as thet believe thatthey are over price especially blumont..after a right issues..the price still up a lots....the coming week may see the price up and down...and stable by year end Bigmama      ( Date: 20-Oct-2013 07:26) Posted: What is wrong with 3 companies interlink? Kepcrop , keppeland and kreits also interlink right? Lol.

 

Actually nothing wrong because the biggest interlink co in sgx is gic..or sg gov co like singtel keppel..etc...but this time..I believe some foreign funds shorting all three counters together as thet believe thatthey are over price especially blumont..after a right issues..the price still up a lots....the coming week may see the price up and down...and stable by year end

Bigmama      ( Date: 20-Oct-2013 07:26) Posted: What is wrong with 3 companies interlink? Kepcrop , keppeland and kreits also interlink right? Lol.

 

What is wrong with 3 companies interlink? Kepcrop , keppeland and kreits also interlink right? Lol.

 

Just to add on. I am not sure about the business model of both Asiasons and Blumont. But from what I can see, the main reason why they are making profits is because of fair value gains in their investments, which I believe is at most 1-time and non-recurring once they realise their gains. Offsetting this, they are actually incurring losses or negligible profits from other daily operations. Is there really potential in these 2 companies?? Just my own food for thought..

 

Let's be fair. Just checked on Blumont and Asiasons and they indeed have very good and strong fundamentals. However their earnings definitely do not justify their once lofty share price, not forgetting also the fact that a high percentage of their profits are not in the form of cold hard cash. Having said, if investors still have the trust and can see in them the " gem" of the capability to produce greater growth and profits / earnings in the future to come, the prices now are definitely undervalued. However, in my own opinion and based on my own FA, anything above $1 is definitely too good to be true, at least for the next few years.. Not vested..

SFGuyRuleZ      ( Date: 20-Oct-2013 01:18) Posted: This time, I fully agree with what Aberdeen123 said. It is just a matter of passing the bomb higher and higher until the last unfortunate soul get it.. Then again, this is just my own opinion.. Aberdeen123      ( Date: 19-Oct-2013 15:23) Posted: Inherently,these 3 counters are interlinked and there are serious issues not many ppl know of or fully disclosed in the forum.The past weeks development are some indications of trouble.Stay calm and do self  reasoning to stay on top of  the game.There are many opportunists out there to promote these counters bcos they have taken position.From past experience and  encounters,I am very certain  they are in  for short term gain only(i.e. hit n run).Do not be deceived by  their positivesness and posting as if  they are in for long haul.By the time you realise yr foolishness, you are trapped and the counters may be in  for another beating.  Fundamental wise is still a big question mark.Do yr own due diligence. The restriction lifting by sgx may boost pennies and small cap stocks in general.Best to buy other  fundamental stocks that have been beaten down badly instead.

 

This time, I fully agree with what Aberdeen123 said. It is just a matter of passing the bomb higher and higher until the last unfortunate soul get it.. Then again, this is just my own opinion..

Aberdeen123      ( Date: 19-Oct-2013 15:23) Posted: Inherently,these 3 counters are interlinked and there are serious issues not many ppl know of or fully disclosed in the forum.The past weeks development are some indications of trouble.Stay calm and do self  reasoning to stay on top of  the game.There are many opportunists out there to promote these counters bcos they have taken position.From past experience and  encounters,I am very certain  they are in  for short term gain only(i.e. hit n run).Do not be deceived by  their positivesness and posting as if  they are in for long haul.By the time you realise yr foolishness, you are trapped and the counters may be in  for another beating.  Fundamental wise is still a big question mark.Do yr own due diligence. The restriction lifting by sgx may boost pennies and small cap stocks in general.Best to buy other  fundamental stocks that have been beaten down badly instead.

 

Base on FA which one most stable??
May fire a few round.

It wil be a trader market on Mon.
Classic buyer market with all sellers flushed out in full.

The one with most stable business propsect will win most trader bet.