I suggest full time 24 hours continuing open from Monday up to Saturday will be optimizing utilization of time, place and market revenue share utilities to SGX. As such SGX will gain the most having global competitive advantages and also the most profitable stock exchange! By doing so indirectly as a massive job creation effective measure too!
Laulan ( Date: 22-Jul-2010 11:56) Posted:
SGX watchlist system only drag the time and gives ample opportunity for those bad ceos to sell off their shares. If a company cannot do what it promised to do (i.e. show profits) a quick winding and exit cash back would protect most investors.
Fulltime trading and weekend trading is a good idea. I think it will help market confidence since shares can be more readily traded.
niuyear ( Date: 22-Jul-2010 11:45) Posted:
Or, should restrict their trading hours ofr these companies' stocks, e.g.
These companies can only be traded on Saturdays and Sundays or duirng weekdays' lunch time hours. 12 - 2pm
Lesson to learn : In SGX avoid buying any counter with high good will value i.e. market price much more than its NAV. We must selective buy any good financial fundamental and business prospect with low or no good will even negative good will value counted/refflected in its market price! Unfortunately, those counters are very thinly or non traded and almost all in penny price level (<Sgd. 0.20 per share), to the large extent are not on the marginal trading lists of almost all brokerages neither on the any well known analyst lists shares to be recommended to trade/invest.
Laulan ( Date: 22-Jul-2010 11:28) Posted:
Bobama's decision to revamp of the financial markets may be laudable. This is esp so in the winding down of failed large US corporations.
In the Asian context we probably have some likely parralels of failing corps, though mainly smaller in size. Really the bill should also cover small listed firms too. Look at all those silly companies listed in SGX. Plenty of them fit the bill to be wound down if by US standards.
What has happened to those firms that continually lose money after listing? I believe it started off by those behind doing a good job of misleading supervisories into "abetting" in high PEs and then "poops" like magic they slowly went downhill until they get into the watchlists. The pitiful layman investors are usually the one conned as finally after all the dirty $$ got into the pockets through share sales, left the retail investors in the lurch, broke and unsuspecting. This looks like it has become the norm with so many new listings not doing what were expected, i.e. at least churning some profits to show their feasibility talked at the outset.
By closing down failing ones at the first alarm, plenty of good will follow and innocent investors saved from clever stunts of modern man. Further it discourages fly-by-nights and unscrupulous corporate adventurers whose aims were to empty the pockets of the unwary instead of showing their business skills. The punishment for bad CEOs is the lost of their own money without a scapegoat in the public form.
Thus this time I support Bobama, though was neutral before. I am no pessimist, but I see it quite clearly. Cheers.
www.chinajishan.com , it is on its strong recovery path, worth for your CORE stock portfolio holding!
julybabe ( Date: 20-Jul-2010 13:45) Posted:
Dear all, i would like to invest $30k in blue chip counters so to earn higher dividend than Fixed D. Any gd counters with high yield to recommend? I am looking at CapitalLand/Kepple Land/others. Though amount not big but hope to achieve sth small at least. Thank you!
Profit taking and the dip at the end of the trading day makes more opportunities to buy at low. Our STI would be fluctuated in the region of 2900~2950 till end of this week or maybe next week. Of course I'm anticipating 3000 forthcoming but that will take for awhile.If good corporate quarterly result published following with strong blue chip support, the hike of small/mid-cap counter would be likely to be seen. DYODD
rickyw ( Date: 21-Jul-2010 11:41) Posted:
anyone know why STI go south while other go little bit north
I beg to differ. If only economic and market were static from time to time, as the recent economic analysts were right! However, market is so dynamic and keep changing from time to time, so there would not be any absolute future statement of economic scenario to be fixed correctly!
belgeran ( Date: 22-Jul-2010 01:00) Posted:
hmm~... just asking..
even if this Q2 results are all.. extremely buoyant so to speak, the forecasted Q3 and Q4 results would be lower due to the slowdown on most economies isn't it?.. won't ppl take profit right after this Q2 period in view of that?
I hope it is the long waiting acquisition of Telemedia Pacific Inc and Telemedia Pacific Incorporation Limited by way of issuing new shares of 10.5 cents.
maybe listen to kevin scully. He is very positive about the future market from now on, saying despite current problems many companies are doing good(kind of)
S-chip pennies have suffered from TRUST CONFIDENCE loss/crisis in SGX market nowadays! So I take this unprecedented opportunity to buy/accumulate all S-chip pennies with such highly depressed hyper under-valued prices level . Any comment?
Isolator ( Date: 21-Jul-2010 15:26) Posted:
Past is past. How about now and future? Their natual gas business in China seems to be in the right direction. From surface, I see good potential... but there maybe something I do not know.
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