Latest Posts By Peter_Pan
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| 28-Oct-2013 10:57 |
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Any Stocks Also Can Discuss Forum
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any bros or sis kena skyone? | ||||
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| 27-Oct-2013 22:37 |
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Cowboy Traders Annonymous
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uobkh can make u become a power trader...yeah!!!
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| 27-Oct-2013 22:33 |
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Cowboy Traders Annonymous
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can try.
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| 27-Oct-2013 20:32 |
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What?s Happened to Blumont, Asiasons and LionGold
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  just came out... |
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| 27-Oct-2013 18:27 |
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What?s Happened to Blumont, Asiasons and LionGold
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Another late night of disclosures from listed companies, another pile of new questions. The player this time was Blumont Group, which told the Singapore Exchange (SGX) late on Wednesday that chairman Neo Kim Hock had not picked up the full share of the rights issue he was entitled to. Mr Neo opted for about 60 million shares, just over half his entitlement. This announcement followed one made earlier that evening which disclosed that Clear Water Developments - which is linked to Ms Dian Lee, the daughter of Malaysian property tycoon Lee Kim Yew - had not subscribed for the rights issue. Clear Water, which owns 180 million Blumont shares, saw the value of its stake dive from $440 million to $36 million when the share price crashed a couple of weeks ago. By not subscribing for all his allocation of new shares, Mr Neo stands to lose $8.6 million in foregone gains, while Clear Water will forfeit a potential $13.5 million gain. Other Blumont insiders - non-executive director Ng Su Ling, executive director James Hong and substantial shareholder Ooi Cheu Kok - have also taken up only a portion of their rights entitlement. This has surprised traders, considering that the insiders stand to reap a profit of 15 cents a share as the new stock costs only five cents apiece, while Blumont shares closed at 20 cents on Thursday. The new shares were due to a cash call by Blumont in July to raise $43.05 million, giving shareholders the right to buy one share at only five cents for every two shares they held. Blumont had earlier announced that the issue was 37 per cent over-subscribed. The new shares began trading on Tuesday. One trader said: " These directors could always sell their existing shares on the open market, prior to the closure of the rights issue, and use the sale proceeds to buy the right shares. Why didn't they do so?" Another trader noted: " It seems incredible that Clear Water did not even want to pay five cents apiece to subscribe for its rights. What does this reflect of its views of the company?" Mr Neo is entitled to buy 117.44 million Blumont shares at five cents apiece but he has opted to pick up only 59.96 million, paying about $3 million. He is already in the spotlight after banks forced him to sell some of his shares following Blumont's price collapse earlier this month. On Oct 2 and Oct 3, just before Blumont's crash forced the SGX to suspend trading of its shares, banks force-sold 6.02 million " rights" belonging to Mr Neo to raise about $16.56 million. They force-sold another 65 million shares to raise about $8.8 million between Oct 7, when Blumont was allowed to resume trading, and Tuesday. Mr Neo has also agreed to sell 95 million Blumont shares to businessman Alexander Molyneux at between 20 cents and 60 cents apiece. After this transaction, due to be completed by Nov 6, he will yield the chairman's post to Mr Molyneux but stay on as deputy chairman. As of Tuesday, he still holds 163.67 million shares, or 6.34 per cent of Blumont. |
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| 27-Oct-2013 17:57 |
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Cowboy Traders Annonymous
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| 27-Oct-2013 17:48 |
Geo Energy Res
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Geo Energy
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tut tut train broke down..?? oh no..!!!
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| 27-Oct-2013 17:39 |
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Thought of the Moment
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all very naughti naughti...tsk tsk tsk..!!! | ||||
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| 27-Oct-2013 15:59 |
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Cowboy Traders Annonymous
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 dream dog.. |
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| 27-Oct-2013 15:02 |
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Thought of the Moment
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你 copycat 我 ！
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| 27-Oct-2013 14:59 |
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Thought of the Moment
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哎 ！ 我 现 在 也 是 在 喝 咖 啡 ！
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| 27-Oct-2013 13:12 |
Geo Energy Res
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Geo Energy
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like this..??
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| 27-Oct-2013 12:56 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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And there will be great earthquakes in various places, and famines and pestilences and there will be fearful sights and great signs from heaven. | ||||
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| 27-Oct-2013 11:40 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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 Solar Filament Eruption Creates 'Canyon of Fire' A magnetic filament of solar material erupted on the sun in late September, breaking the quiet conditions in a spectacular fashion. The 200,000 mile long filament ripped through the sun's atmosphere, the corona, leaving behind what looks like a canyon of fire. The glowing canyon traces the channel where magnetic fields held the filament aloft before the explosion. In reality, the sun is not made of fire, but of something called plasma: particles so hot that their electrons have boiled off, creating a charged gas that is interwoven with magnetic fields. These images were captured on Sept. 29-30, 2013, by NASA's Solar Dynamics Observatory, or SDO, which constantly observes the sun in a variety of wavelengths. > Northern and Southern Aurora Seen from Sept. 30, 2013 CME Different wavelengths help capture different aspect of events in the corona. The red images shown in the movie help highlight plasma at temperatures of 90,000° F and are good for observing filaments as they form and erupt. The yellow images, showing temperatures at 1,000,000° F, are useful for observing material coursing along the sun's magnetic field lines, seen in the movie as an arcade of loops across the area of the eruption. The browner images at the beginning of the movie show material at temperatures of 1,800,000° F, and it is here where the canyon of fire imagery is most obvious. By comparing this with the other colors, one sees that the two swirling ribbons moving farther away from each other are, in fact, the footprints of the giant magnetic field loops, which are growing and expanding as the filament pulls them upward. Image Credit: NASA/Solar Dynamics Observatory |
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| 27-Oct-2013 10:42 |
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Cowboy Traders Annonymous
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ok leh...my peng you more powderful leh..! emailed the catalogue with the selected hamper to his remisier to place order..
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| 27-Oct-2013 10:34 |
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What?s Happened to Blumont, Asiasons and LionGold
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both are orh bak kak...cute cute no more
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| 27-Oct-2013 10:31 |
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What?s Happened to Blumont, Asiasons and LionGold
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re-freshing
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| 27-Oct-2013 09:48 |
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What?s Happened to Blumont, Asiasons and LionGold
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asia blue lion and partner white lion going for breaky now... {@_@} {@_@} | ||||
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| 27-Oct-2013 08:47 |
Geo Energy Res
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Geo Energy
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orh ghim..!!??
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| 27-Oct-2013 08:45 |
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What?s Happened to Blumont, Asiasons and LionGold
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maybe they offloaded liao..??
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