Let's talk stocks & IPO
- Thread starter ipoh-horfun
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caraccessories
New Member
Re: Let's talk stocks & IPO
toiletsiao
Well-Known Member
Re: Let's talk stocks & IPO
SIAS will be meeting with SGX officials on Monday 28th October 2013, 2pm to discuss the regulatory action taken or will be taken with respect to the 3 recently designated stocks, Blumont, Asiasons and LionGold. A number of disgruntled investors have been calling SIAS to inquire about what action the authorities are taking against any wrong doing by anyone , if any.
SIAS will also be holding a forum to discuss the rights of the shareholders in the affected 3 stocks on 14th November 2013 at 7pm at MND Auditorium.
Blumont, Asiasons and LionGold Saga
For ppl interested in this 3 stocks...this event might be of interest to you... personally i think asiason is worth a punt...off course pls consult your broker or financial advisor before acting on anything!
SIAS will be meeting with SGX officials on Monday 28th October 2013, 2pm to discuss the regulatory action taken or will be taken with respect to the 3 recently designated stocks, Blumont, Asiasons and LionGold. A number of disgruntled investors have been calling SIAS to inquire about what action the authorities are taking against any wrong doing by anyone , if any.
SIAS will also be holding a forum to discuss the rights of the shareholders in the affected 3 stocks on 14th November 2013 at 7pm at MND Auditorium.
Blumont, Asiasons and LionGold Saga
For ppl interested in this 3 stocks...this event might be of interest to you... personally i think asiason is worth a punt...off course pls consult your broker or financial advisor before acting on anything!
Re: Let's talk stocks & IPO
30 October 2013
Why SGX suspends, designates and investigates
SGX has been asked about the differences in regulatory actions taken in the case of Sky One Holdings Limited and in the case of Asiasons Capital Limited, Blumont Group Ltd and LionGold Corp Ltd. Our explanation is given below. We would also refer readers to our regulatory announcement of 25 October 2013 on "SGX corrects misconceptions."
Suspension
Not all sharp price movements, whether up or down, warrant a suspension of the stock. Why and when would SGX suspend a stock? Each occurrence has to be evaluated on its own merit in the context of circumstances of the case.
In the case of Sky One, SGX’s review of the circumstances revealed no threat to fair, orderly and transparent trading. Hence, no suspension occurred.
In the case of Blumont, Asiasons and LionGold, SGX’s review showed disorderliness in the market, and lack of transparency which could also threaten the fairness of trading.
Designation
The same principle applies for designation of stocks. Each case is evaluated in the context of its own circumstances. In the case of Sky One, designation was not necessary. In the case of Blumont, Asiasons and LionGold, designation was instituted in order to remove the froth of excessive speculation in the market and permit the fundamentals to assert themselves in determining market prices.
Both suspension and designation are measures which help to return the market to finding its own equilibrium. For Blumont, Asiasons and LionGold, after the end of designation, the forces of supply and demand have reasserted themselves to determine the prices of the stocks. Normal trading conditions have resumed.
Investigation
Investigation of market misconduct is separate and distinct from regulatory tools SGX deploys to bring about fair, orderly and transparent trading in the market. It can be initiated by market activities observed during surveillance.
We understand the public wanting to know more about such investigations but releasing information prematurely could jeopardise the integrity of the investigation.
Furthermore, investigation into the trading of a particular security does not equate to the presence of wrongdoing. Nor does every investigation lead to conviction. It would be unfair if public announcement of an investigation tarnishes the reputation of the stock or of any individual investor.
Where market misconduct reflects possible breaches of the Securities and Futures Act, findings are referred to relevant authorities who can exercise their statutory powers.
30 October 2013
Why SGX suspends, designates and investigates
SGX has been asked about the differences in regulatory actions taken in the case of Sky One Holdings Limited and in the case of Asiasons Capital Limited, Blumont Group Ltd and LionGold Corp Ltd. Our explanation is given below. We would also refer readers to our regulatory announcement of 25 October 2013 on "SGX corrects misconceptions."
Suspension
Not all sharp price movements, whether up or down, warrant a suspension of the stock. Why and when would SGX suspend a stock? Each occurrence has to be evaluated on its own merit in the context of circumstances of the case.
In the case of Sky One, SGX’s review of the circumstances revealed no threat to fair, orderly and transparent trading. Hence, no suspension occurred.
In the case of Blumont, Asiasons and LionGold, SGX’s review showed disorderliness in the market, and lack of transparency which could also threaten the fairness of trading.
Designation
The same principle applies for designation of stocks. Each case is evaluated in the context of its own circumstances. In the case of Sky One, designation was not necessary. In the case of Blumont, Asiasons and LionGold, designation was instituted in order to remove the froth of excessive speculation in the market and permit the fundamentals to assert themselves in determining market prices.
Both suspension and designation are measures which help to return the market to finding its own equilibrium. For Blumont, Asiasons and LionGold, after the end of designation, the forces of supply and demand have reasserted themselves to determine the prices of the stocks. Normal trading conditions have resumed.
Investigation
Investigation of market misconduct is separate and distinct from regulatory tools SGX deploys to bring about fair, orderly and transparent trading in the market. It can be initiated by market activities observed during surveillance.
We understand the public wanting to know more about such investigations but releasing information prematurely could jeopardise the integrity of the investigation.
Furthermore, investigation into the trading of a particular security does not equate to the presence of wrongdoing. Nor does every investigation lead to conviction. It would be unfair if public announcement of an investigation tarnishes the reputation of the stock or of any individual investor.
Where market misconduct reflects possible breaches of the Securities and Futures Act, findings are referred to relevant authorities who can exercise their statutory powers.
Re: Let's talk stocks & IPO
"....... the wealthy could lose up to half their wealth due to tighter monetary policy and an ensuing collapse in asset prices. He didn't offer a time frame for this to occur."
"We are in a gigantic asset bubble around the world with prices of real estate having risen a lot," he said. "The high end is at record highs. In the Hamptons, in Mayfair, London, Hong Kong, Singapore, and we have a high inflation overseas, so I think that one day this asset inflation will lead to deflationary collapse one way or the other."
Faber echoes a growing number of financiers—from billionaire hedge fund manager Stanley Druckenmiller to Omega Advisors' Leon Cooperman—who argue that the Fed policy has made the wealthy wealthier, primarily through rising asset prices. Rising stock markets have fueled a record number of millionaires in the U.S., with 1.7 million new millionaires added in the past 12 months, according to Credit Suisse.
Wealthy at Big Risk If Fed Tapers: Marc Faber | The Fiscal Times
"....... the wealthy could lose up to half their wealth due to tighter monetary policy and an ensuing collapse in asset prices. He didn't offer a time frame for this to occur."
"We are in a gigantic asset bubble around the world with prices of real estate having risen a lot," he said. "The high end is at record highs. In the Hamptons, in Mayfair, London, Hong Kong, Singapore, and we have a high inflation overseas, so I think that one day this asset inflation will lead to deflationary collapse one way or the other."
Faber echoes a growing number of financiers—from billionaire hedge fund manager Stanley Druckenmiller to Omega Advisors' Leon Cooperman—who argue that the Fed policy has made the wealthy wealthier, primarily through rising asset prices. Rising stock markets have fueled a record number of millionaires in the U.S., with 1.7 million new millionaires added in the past 12 months, according to Credit Suisse.
Wealthy at Big Risk If Fed Tapers: Marc Faber | The Fiscal Times
Scg8866t
Banned.
Re: Let's talk stocks & IPO
My first commentary piece on stock trading for Singapore Business Review: 5 things you need to know before trading stocks in Singapore | Singapore Business Review
My first commentary piece on stock trading for Singapore Business Review: 5 things you need to know before trading stocks in Singapore | Singapore Business Review
Re: Let's talk stocks & IPO
Institutions have triggered their shortsells couple of days back. now is pressing down the prices, retailers panic and cash out first. Then institutions scoop at low.
sentiments are not good for 2014, many investors will have cashed out now and wait for the big correction to finish/climax before entering in again...
low volume recently, BBs on holiday already.
left some traders playing 1-3 bids pump and dump..
Institutions have triggered their shortsells couple of days back. now is pressing down the prices, retailers panic and cash out first. Then institutions scoop at low.
sentiments are not good for 2014, many investors will have cashed out now and wait for the big correction to finish/climax before entering in again...
low volume recently, BBs on holiday already.
left some traders playing 1-3 bids pump and dump..
wt_know;1055117 said:
Re: Let's talk stocks & IPO
Theres still opportunities to be made, on trending pennies, like Viking, Otto Marine, and recently Vallianz had a good run.
bot some Capitamall on sale..
Capitaland at 294, Singtel at 3.5 is pretty safe.. (for 1mth keeps)
Theres still opportunities to be made, on trending pennies, like Viking, Otto Marine, and recently Vallianz had a good run.
bot some Capitamall on sale..
Capitaland at 294, Singtel at 3.5 is pretty safe.. (for 1mth keeps)
wt_know
Well-Known Member
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