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Since I feel Mr. Market against me, I want peace, I do not want to fight, that is why I follow the crowded forumers here recommendations! " BOoo BIaan"
bryancbq ( Date: 20-Jun-2011 21:03) Posted:
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So what do you recommend me to do then?
medivh ( Date: 20-Jun-2011 20:21) Posted:
M.Ng9999, if you follow our posts here, you will know that he or she or both, yet to be ascertain, has been loving S-chips years ago, and has been influencing others to also buy S-chips despite the bad spate of news coming from everywhere, Even with evidence of the on-going lack of confidence from other continents, does not stop her/him/it from telling others how good S-chips are....
Some known facts: Her or His or Its suspended stock includes Zilong and some other S-chips. |
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I do it my waaaaaaaay. . . . . . . .!
Salute ( Date: 20-Jun-2011 18:25) Posted:
don't understand how are you going to do it accordingly
Hulumas ( Date: 20-Jun-2011 17:28) Posted:
| Now then I know, how the BB in SGX are cornering all the small players of S-chips here. I 'll do accordingly then |
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Mind your own business please!
MasterNg9999 ( Date: 20-Jun-2011 19:07) Posted:
o.O ..... then you are factually incorrect to make the statement as mentioned in the quote ( Date: 20-Jun-2011 16:51) below
as i have stated before , please back your claim with facts and figures , not just some loud and unnecessary statement
Cheer
Hulumas ( Date: 20-Jun-2011 18:56) Posted:
| I do not think, there is obligation to do that. Is not it |
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De-coupling of the global stock markets movement and direction is that we desire now! Let the US and Euro markets down and the rest in the other direction i.e. up up up!
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Exaggerate expressions, so scary man!
MasterNg9999 ( Date: 20-Jun-2011 19:22) Posted:
hahaha .... market sentiment is bad now + china and usa food supply got hit + inflation high high all over the world
here Singapore where got pple got mood(boss all niao kia and ai pi ai qi ) and money ( salary getting lower and lower ) to invest in shares liao...Accommodation price high , Food price high and even doing nothing also price high.....
hope the angry mob ( Greece , Spain and Ireland ) in Europe dont go into berserk mode and bring down their government
Cheer
hbk1984 ( Date: 20-Jun-2011 17:49) Posted:
| thanks for the advise, but why is it dropping when all things seem positive |
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Nowadays, contract does not mean profit!
krisluke ( Date: 20-Jun-2011 17:42) Posted:
 Still no sign of NEW contracts ANNOUNCEMENT... ... |
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Why do you say so? I hope not because I hold many lots!
Riskless ( Date: 20-Jun-2011 15:15) Posted:
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YES!
Isolator ( Date: 20-Jun-2011 09:39) Posted:
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I do not think, there is obligation to do that. Is not it?
MasterNg9999 ( Date: 20-Jun-2011 18:48) Posted:
o.O ...... do you even read the article by Business Times By R SIVANITHY
please do make assessment by merits and facts ,not simply words
Cheer
Hulumas ( Date: 20-Jun-2011 16:51) Posted:
| Simply no base of saying that! |
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Yes, that is the other side of the BB dirty trick!
AnthonyTan ( Date: 20-Jun-2011 17:48) Posted:
You will also notice that many stocks will be pushed
up before closing in a bull mkt.
Hulumas ( Date: 20-Jun-2011 17:13) Posted:
| Noticeably, I do not know why, within the 5 minutes closing matching, Mr. Market always purposely like to press the market down, especially towards almost all the S-chips counters. . . WHY? WHY? WHY? |
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I increase my overall percentage holding of the listing companies's of my own stock portfolio during the long down trend, and money gain accumulation along the long uptrend. That is why, I am investing, to be accurate to the term........ I am " revolvingly investing" !
iPunter ( Date: 20-Jun-2011 16:51) Posted:
If you make money in a long downtrend,
you are also investing (make profits)..
Investing is no longer investing if one loses money...
Hulumas ( Date: 20-Jun-2011 16:21) Posted:
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Personally, I do not think so. Roubini knows US capital market and US economic 100% very well that is no doubt about it , but does he know deeply well about China's capital financial market and economic development macro and micro 100% very well too? I doubt so!
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YES!
Salute ( Date: 20-Jun-2011 17:29) Posted:
| is S chip means any china stocks listed here regardless of countries of registration(country which it incorporated), even Yangzhijiang(not penny stocks) |
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Today, I have cut all out my holding in this counter! Since, market do not like me to buy accumulation, then I should render myself to sell my beloved holding to the market, and let them happy, as such I won't fight with the BB!
Hulumas ( Date: 20-Jun-2011 13:03) Posted:
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Now then I know, how the BB in SGX are cornering all the small players of S-chips here. I 'll do accordingly then!
Salute ( Date: 20-Jun-2011 17:21) Posted:
| that's why the share market is not easy nowadays, there are so many dirty tricks. Those " syndicate" know that you are smart, they are out smart you. Many times these are not the common shareholders who do it.........which is frustrating, I know. sometimes can be so ugly that it's only 10 or 20 lots to press down the price after 5mins, to create fear. Don't understand why people follow. sad |
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Noticeably, I do not know why, within the 5 minutes closing matching, Mr. Market always purposely like to press the market down, especially towards almost all the S-chips counters. . . WHY? WHY? WHY?
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Simply no base of saying that!
Joe2020 ( Date: 20-Jun-2011 16:49) Posted:
It has already gone into that direction. Those who want to dream and sing the song I had a dream!!
Hulumas ( Date: 20-Jun-2011 16:43) Posted:
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It won't. Please be noted, EnBlock Sale game is not played yet in Hong Kong. So It may start in the near future for supporting even lifting further the price!
Noob79 ( Date: 20-Jun-2011 16:46) Posted:
It's time to leave when rise... HongKong Property is expected to fall 10-20% upcoming years....
alexchia01 ( Date: 20-Jun-2011 16:40) Posted:
Hang Seng already in negative range |
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No way!
Jackpot2010 ( Date: 18-Jun-2011 22:55) Posted:
Business Times - 17 Jun 2011
Hock Lock Siew
Will S-chips go the way of Clob?
By R SIVANITHY
THERE are disturbing parallels between China stocks listed here (or S-chips, as they are known) and Malaysian stocks that used to be quoted on Clob International.
First, both were admitted into the local market because it was thought that Singapore stocks by themselves do not offer investors a sufficiently large critical mass. Clob was started in the early 1990s when the KL Stock Exchange decided to split with its Singapore counterpart and go its own way, while S-chips were brought in to fill the void created after Clob disintegrated 10 years later. Both were therefore born out of necessity to achieve size as quickly as possible.
Second, both had speculative but seductive stories to stoke investor interest: Clob's was a Malaysian infrastructure boom (that benefited the likes of Ekran, Idris Hydraulic and Renong, all companies that enjoyed huge local interest but no longer exist in their original form) and S-chips' was an emergent and roaring China (that benefited anything with 'China' or 'Sino' in its name).
Third and most worryingly, both became victims of a major crisis of confidence. In Clob's case, the trigger for a crash was the regional crisis of 1998 that exposed many companies as having weak (and, in some cases, non-existent) fundamentals, and this unfortunately coincided with a controversial Malaysian declaration that Clob was an illegal market. Massive losses were incurred and this created such deep distrust and disillusionment among local investors with Malaysian stocks that no moves have been made since then to revive the sector.
This, of course, then begs the question: with S-chips already suffering from massive investor distrust and disillusionment because of mind- boggling accounting irregularities, fraud and governance lapses, can the Singapore Exchange (SGX) really restore confidence in the sector? Or if the steps it takes are seen as being too little too late, will S-chips go the way of Clob?
First, though, it has to be said that to lay all the blame on SGX for the S-chip shambles would be unfair since it ignores the role played by the rest of the investment community, all of whom should be held equally culpable.
Underwriters, auditors, lawyers, sponsors, fund managers, dealers, remisiers and research analysts were all guilty of foisting Chinese junk onto the investing public. And if we were to be brutally honest, the public itself also played some part by swallowing the China story, ignoring warnings that mainly second-grade companies would choose to list here, and by chasing China stocks to record highs between 2005 and 2008.
However, SGX must bear a fair amount of responsibility because, although there are many similarities between the Clob and S-chip fiascos, there is a significant difference: unlike S-chips, Malaysian stocks on Clob were only quoted and traded but were not listed here, so they did not have to satisfy local listing rules.
Investors therefore bought and sold Clob stocks at their own risk, fully aware of the fact that there was no official implicit or explicit endorsement of quality. Investors also knew that Clob could have been closed down at any time, so trading was really based on 'caveat emptor'.
S-chips, on the other hand, were actively courted by an exchange which (on its website) states that it adopts an 'intelligent regulatory approach' which is 'an attractive consideration for companies striving to be recognised on good corporate governance and transparency'. It adds: 'In fact, a listing on SGX today bears a quality mark that is recognised internationally.'
So as far as investors are concerned, even though 'caveat emptor' applies when it comes to S-chips as well, there was a subtle but significant endorsement of some quality when a listing here was granted to a China company - an endorsement that was reinforced when several (at least 20, by our reckoning) were granted approved status under the Central Provident Fund Investment Scheme (CPFIS).
So far, the exchange's response to the S-chip scandals has been to ask audit committees to step up their internal controls and for companies to amend their Articles of Association to allow appointment and removal of legal representatives in China. Directors have been encouraged to keep a close eye on cash balances and receivables, and to practise good governance.
Papering over the cracks because it's too little too late? Possibly, though you'd have to say that instead of 'cracks', 'yawning fissures' is more apt given the alarming frequency with which fresh S-chip irregularities are surfacing. It's a bit like bolting the barn door after the horses have long fled (back to obscure provinces in China, no doubt).
SGX's main problem when trying to salvage confidence in its S-chips boils down to this: if Clob, which was not endorsed by the local authorities in any way could leave such deep and ingrained scars when it collapsed, what of S-chips - which are listed under a regime that subtly advertises quality and has granted many constituents CPF approved status? |
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