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08-Oct-2013 08:02

Straits Times Index / STI to cross 3000 boosted by long-term investors

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http://www.cnbc.com/id/101090944 (Count down to Oct 17)

Speaker John A. Boehner stood his ground on Sunday alongside the most conservative Republicans in Congress, insisting that the House would not vote to finance and reopen the govt or raise the nation's borrowing limit without concessions from President Obama on the health care law.

With his hard line, Mr. Boehner reaffirmed that the stalemate with the White House over the six-day-old govt shutdown was now compounded by an even more economically risky fight over raising the govt's borrowing limit by Oct. 17 to pay for bills already incurred.

Most of the govt remains shuttered with markets and businesses are growing increasingly fretful over the chaos that could result from the first govt default on its debt.

(Read more: When will the next US recession come?)

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08-Oct-2013 07:53

Others / Aug 2, US-living on borrow time from debt disaster

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Obama famous word. " I will not negotiate" to Congress

Recession risk

Many economists expect a U.S. recession if the country's debt ceiling isn't raised. More

Impact on Wall Street

Traders are talking about the prospects of " dirty prices" and other debt default oddities. More

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07-Oct-2013 17:36

China Med Intl / Time for collection....

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Will Tan use Albedo as his investment arm n turn it into a REIT land industries play one fine day??. Step by step the picture will be more clearer.

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07-Oct-2013 17:26

China Med Intl / Time for collection....

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Any investors thinking, can only go for it, long term Like Tan himself to reap what he vest for...

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07-Oct-2013 17:18

China Med Intl / Time for collection....

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With huge land bank. 5 plus 2 more...?. Tan have more than enuff $ to develop them in phases.
Taking over Albedo is just a beginning, initial first step in his plan through back door listing here in SGX-ST.

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07-Oct-2013 17:08

China Med Intl / Time for collection....

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Either way. When dust settle, It will be good when Albedo can be revisit n revise with a new appropriate concrete plan.

Tomique ( Date: 07-Oct-2013 16:57) Posted:

It may be paradoxical to say that if not successful, the price of Albedo may climb up. But if its is successful in the land deal, the price will also climb up. Just wait a while for the fears in the Singapore stock market to subside.

Tomique ( Date: 07-Oct-2013 16:54) Posted:

So far not clear on whether the land deal can succeed or not as approval has to be obtained from shareholders, right?

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07-Oct-2013 16:57

China Med Intl / Time for collection....

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Tan may want to develop the land he own,, it will only benefit shareholders with huge land bank available.

Tomique ( Date: 07-Oct-2013 16:47) Posted:

If issuing cheap shares for an undervalue purchase, it will be beneficial to the shareholders and the company!! That is my reason for the believe!!

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07-Oct-2013 16:52

China Med Intl / Time for collection....

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Revisit n reveal the plan since it a M.O.U. it a reverse take over of Albedo by Tan investment arm. I can see perhaps Albedo benefit over long term.

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07-Oct-2013 16:21

China Med Intl / Time for collection....

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Is a welcome sign if it don have to go for 17:1 consolidation and revisit n set others piroity.
This msg is for vested owner n vested BBs.

Jackpot2010 ( Date: 07-Oct-2013 16:13) Posted:

RTO may be derailed.

Plan to acquire Iskandar land via issue of 34.5Billion shares @2.24c at risk now - as share price crashed to 3.3c today (from high of 7.7c recently).

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07-Oct-2013 13:20

China Med Intl / Time for collection....

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sold liao or missing buying at 0.36c??. hope to buy back cheaper......when counter hit 0.36c, should post at that time.

9hly99 ( Date: 07-Oct-2013 13:07) Posted:

pls heed my advice and run...it can go lower from here....0.039cts will give way in an hour followed by strong sell away ,,,then hit low to 0.035cts end day

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07-Oct-2013 12:00

Attilan / could it be takeover rumour for Asiasons capita?

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" Could it be takeover rumour for Asiasons capita?"

Let the four BBs takeover n re-employ CEO contract for mgt change over. huat huat..argh.

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07-Oct-2013 11:57

Attilan / could it be takeover rumour for Asiasons capita?

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Just imagining things. The four BBs can buy over five times more from open mkt.

No need to give discounted prices of 10%

Octavia ( Date: 17-Sep-2013 09:40) Posted:

Asiasons Capital to purchase 10m Class B units of Black Elk Energy Offshore Operations for US$50m, to be satisfied by the issue of 57m new Asiasons shares. Also, Asiasons will acquire 24.2m Class B units of PPVA Black Elk Equity for US$121.7m, via an issue of 137.9m new Asiasons shares. Separately, Asiasons proposed a placement of 212.6m new shares to four individual funds at $1.195 a piece (10% discount to last close). Proceeds will be used to strengthen its financial position to capitalise on potential opportunities in the mineral and oil & gas industries.

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07-Oct-2013 11:53

Attilan / could it be takeover rumour for Asiasons capita?

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The nos six (6) is been turn upside down n inside out to nine(9).

john_ric ( Date: 04-Oct-2013 12:50) Posted:

suspended.

die case - drop 60%

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07-Oct-2013 11:49

Others / Lai lai ...argh. Which penny s on rotational play?

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typo error...was refering to Asiasons Cap...n not Liongold.

It requested halted B4 trading (B4 0830 hr) n requested lifting of trading halt@0915 hour??.

teeth53 ( Date: 07-Oct-2013 11:41) Posted:

LionGold Corp Ltd.

HALTED...Why within the same hour? and this...? lifting halt at 0915 hours??.

http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementToday& F=1012864

teeth53 ( Date: 06-Oct-2013 21:21) Posted:

http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure

Singapore Exchange (SGX) will lift the suspension of securities on Monday, 7 October 2013, at 0900 hours.

SGX Declares...

Blumont Group Designated Security

Asiasons Capital Designated Security and

LionGold Corp Ltd (LionGold)

SGX concurrently declares LionGold and its related securities as Designated Security with the following trading restrictions:-

(i) Prohibited sale of shares unless the seller holds the Designated Securities in the quantity to be sold and

(ii) Prohibited purchase of shares unless the buyer makes cash payment at the time of order execution.

SGX will continue to monitor the trading of LionGold and review the circumstances in due course to end the declaration.

Shareholders and investors are advised to trade with caution.

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07-Oct-2013 11:41

Others / Lai lai ...argh. Which penny s on rotational play?

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LionGold Corp Ltd.

HALTED...Why within the same hour? and this...? lifting halt at 0915 hours??.

http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementToday& F=1012864

teeth53 ( Date: 06-Oct-2013 21:21) Posted:

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07-Oct-2013 11:34

Others / Lai lai ...argh. Which penny s on rotational play?

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Pennys rule, pennys on rotational play

teeth53 ( Date: 06-Oct-2013 21:37) Posted:

Yup...Watch out for volatilities in play, this coming week, all thk to U.S. Debt ceiling in-fighting within Obama (Democrats) Vs (Republicians)

Peter_Pan ( Date: 25-Sep-2013 20:06) Posted:

Volatility is the name of the game! Yea!!!

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07-Oct-2013 11:18

Charisma Energy / ChinaEnersave Share

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Why??.. They oso promoting REX to $1.46c, the same day they restricted other counters.

Those angry players may want to play kateks on REX down 0.89c or 3.8%

hmphie ( Date: 05-Oct-2013 22:34) Posted:

I wonder if MAS would start to investigate UOBKH?

iwonder ( Date: 05-Oct-2013 22:19) Posted:

It happen previously when YHM was at 0,042 when UOB Kay Hian put it under restricted list.

At that time it drop to about 0,02

Now again when it hit 0.072 UOB Kay Hian again apply the same restriction.

Who give them the right to restrict and lift at any time they like?

I have been trading with UOB Kay Hian all the while.

Maybe all of us should boycott this broking firm and switch to other broking firm,

Don't want to let them earn the commission.

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07-Oct-2013 11:12

AsiaPhos / AsiaPhos-First Day

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offered oni at 0.25c. Maybe tmr can see 0.48c?.

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07-Oct-2013 10:57

InnoPac / Innopac to follow Blumount Trend.. 0.20 soon

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Liongold can offer some help, when the next big volatile trading coming. When??.

teeth53 ( Date: 07-Oct-2013 10:52) Posted:

Innopac has a good turn around from a low 3.8c, now changing hands at 0.5.9c (50% gain)

seanpent ( Date: 07-Oct-2013 10:29) Posted:

at 38/39 it's intraday oversold ..... at 58/59, it's at intraday overbought

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07-Oct-2013 10:52

InnoPac / Innopac to follow Blumount Trend.. 0.20 soon

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Innopac has a good turn around from a low 3.8c, now changing hands at 0.5.9c (50% gain)

seanpent ( Date: 07-Oct-2013 10:29) Posted:

at 38/39 it's intraday oversold ..... at 58/59, it's at intraday overbought ?

seanpent ( Date: 07-Oct-2013 09:51) Posted:

sad really, for the market ..... those which has become multi-baggers (ap strategic, mirach, rowsley, etc.) recently are very vulnerable ..... sigh !

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