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What?s Happened to Blumont, Asiasons and LionGold
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581-600 of 719
The fact remains that the spiked up in prices of all these stocks had no earnings to support them.
Asiasons to relook T& C of Black Elk stake acquisition
Asiasons Capital will relook the terms and conditions of its proposed acquisition of a 27.5 per cent stake in Black Elk Energy Offshore Operations.
In a statement, the company said this came after the Singapore Exchange (SGX) told the firm it does not have a strong enough mandate for a share issue, which it planned to finance the purchase of a stake in the US oil and gas firm.
Last month, Asiasons had said it planned to fund the purchase of the stake in the firm by issuing 194.6 million new shares at S$1.1948 each.
The company then made an application to the SGX-ST (securities trading) for the listing and quotation of these shares.
But the SGX informed the company on Wednesday that it did not satisfy a rule that authorises it to issue new shares.
As a result, Asiasons said it would " engage with Black Elk and the seller to revisit and relook the terms and conditions of the proposed acquisition" .
Shares in Asiasons, along with LionGold and Blumont Group Ltd, are currently subject to trading restrictions imposed by the SGX after its share price fell heavily earlier this month.
- CNA/gn
Company should call for a halt...pending for.......pending..for........sgx lifting.....no lift..no list...dont let them earned money
wahlaneh!!! wahaha!!! you best lah!!!
Octavia ( Date: 17-Oct-2013 17:54) Posted:
embarrassing business...at the SGX EGM.......kekekeke |
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embarrassing business...at the SGX EGM.......kekekeke
Often heard market if people throw in low price and it's the time to buy and keep. I try!
Many ppl keep telling do not touch, fully understand the risk is!
Vested 100lot at blumont and prepare to lose all, it's my profit money!
I give it six months or 48c to see which is faster if got luck!
everyday force-selling..the more force-selling the lower the price drop and the more force-selling to come...
So far...only.asiasons got no force selling from.bank....maybe all control by rich and powerful bbs....not like blumont ..everydat kanna force selling. Like selling fish...very fishy blumont
indeed, all this while she was walking on stilts.
Peter_Pan ( Date: 17-Oct-2013 15:31) Posted:
so funny your picture..lol
Octavia ( Date: 17-Oct-2013 15:11) Posted:
After the big fall,I dun think asia blue lion can maintain its past glory and stature anymore. |
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so funny your picture..lol
Octavia ( Date: 17-Oct-2013 15:11) Posted:
After the big fall,I dun think asia blue lion can maintain its past glory and stature anymore. |
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After the big fall,I dun think asia blue lion can maintain its past glory and stature anymore.
PLEASE DO NOT FEED !
Originally Posted by maverick121  Just sharing,a group of " ppl" bot in liongold last week at 0.19, dunno the reason behind,but obviously they are losing big time now.professionals somemore,si bei funny.... |
..Today I long a bit on the 3 designated stocks..just for the punt/fun
Originally Posted by ezo View Post
will sgx boot them out??
just like dod shit got the boot from kr xchange?
..use your previous profits to punt Asiasions,Bluemont and LionGold at this level and prepare to lose all..then u won't feel the pain should theses companies got delisted or suspended but if lifted should go up...because now demand is curbed..I thought Bluemont is still profitable since 2009 and lionGold has remained > 80cts since Sept 2011 and Asiasons > 30cts since March 2012
starlene ( Date: 16-Oct-2013 15:03) Posted:
Anyone who bought > 15cts based on 1 for rights at $0.05 =$0.117 (0.15x2+0.05)/3.will lose $$$.Bluemont was about 30cts in Jan 2013,hence majority would have lost $$$ unless they took profits along the way..quite tempting to buy now
explosive2013 ( Date: 16-Oct-2013 11:03) Posted:
0.05 will be the lowest. those right issue holder will keep on selling. they still making profit as the right issue share price is super damn low.
i believe will drop to 0.05 by this friday. everyone standby cash to get ready to sapu all at 0.05 - 0.06 |
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Anyone who bought > 15cts based on 1 for rights at $0.05 =$0.117 (0.15x2+0.05)/3.will lose $$$.Bluemont was about 30cts in Jan 2013,hence majority would have lost $$$ unless they took profits along the way..quite tempting to buy now..Want to bjuy just prepare to lose like in casinoexplosive2013 ( Date: 16-Oct-2013 11:03) Posted:
0.05 will be the lowest. those right issue holder will keep on selling. they still making profit as the right issue share price is super damn low.
i believe will drop to 0.05 by this friday. everyone standby cash to get ready to sapu all at 0.05 - 0.06 |
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LionGold is the strongest of the Trio. Down only 7% vis-a-vis the other 2 (> 20% loss) now. Today's vol. increasing = bad sign for those vested. I imagine SGX going to announce something bad about them (after hours). But no proof yet, just pure guesswork based on the today's slide.
Late comers to the party also see px falling but not as severe, especially Innopac & ITE (13 - 17% loss) while ISR and Magnus did not fall as much (< 4% loss) now.
So far IPCO seems intact, but how long can it last. Take care.
where got profit to take? everyone who throw money in to buy is losing now
Force selling continue ? Or profit taking..
becoz no internet access sad sad
Cute but it looks pathetic.
Please don't invest in pathetic looking lions until peterpan show you a more garang one.
Peter_Pan ( Date: 15-Oct-2013 21:47) Posted:
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asia blue lion cute cute no more
