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What is the caused of our under performing market?
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risktaker
Supreme |
07-Nov-2013 16:53
Yells: "Sometimes you think you know, but in fact you dont" |
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Well bro.... as we know sg market vol is played by contra players.... so once these people are not allow to roll.... ur giving death sentence ....yes true there are questions surrounding them.... how can they given 5 cents rights? And approved by sgx when mother share is over a dollar.... problem right?   But given their corporate action from these 3 company seems to be genuine in doing real deals.... at least from the surface thats what i gather from all the announcement and further more i dont believed in them when they are rocket high....actually i dont really care but it has affected the whole market sentiment..... not happy.....
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medivh
Elite |
07-Nov-2013 16:43
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bro risk, the qn is why did this 3 kana played till like dat? ppl blame sgx why never designate earlier, never warn earlier.. but hor.. alot of tell tale signs already surround such stocks since many months and weeks bk.. all i can say stk playing not for the weak heart, and not for those no money.. punters or traders all alike , only wan to make money mah.., but prob. is they don't have safety net for themselves.. they count on systems and banks to provide the safety nets.. only to realise, these are traps actually. (only those who seen them will know what traps they are) so hor if you ask me, ever since stk market created, its like arena of gladiators, only the strong will triump, the weak will die jialat jialat ... so many stories from histories will tell the same tale over and over again. |
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risktaker
Supreme |
07-Nov-2013 16:40
Yells: "Sometimes you think you know, but in fact you dont" |
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Now a lot of big boys are hurt or dead..... market will be down....thanx to those people who started this fire..... Take care.... bad times coming....  |
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risktaker
Supreme |
07-Nov-2013 16:34
Yells: "Sometimes you think you know, but in fact you dont" |
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until it was rumoured that investigation has started on them and share price started to fall.....which it lead to its suspension...and i think suspension is good... to halt any fast and furious selling ...... and give the company a chance to explain what went wrong....to me the designate of 3 counters are not so nicely thought thru.... they havent thought of the effects of these.... If u designate it will only bring sellers..... and obviously it will drop further.... Now people in the market is worried.... some are seriously injured some are dead.... we can see sg market vol dropping each day.... less participation .... less money running around.... which will lead to slower economy.... on certain sectors.... it will always start from the top and spread to the lower side... | ||
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risktaker
Supreme |
07-Nov-2013 16:29
Yells: "Sometimes you think you know, but in fact you dont" |
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Recent activity from suspension to designate of the ABL (asiasons, blumont, liongold) counters has cast a shadow in the market....big players or small players are hit indirectly or directly with contra losses ranging from thousands to millions of dollars.....as long as you have penny stocks u are likely to be hit....this is quite similar to what had happen in the past to the S-chip namely china counters...... Question is how these people are going to pay....especially those .....with millions of losses how can they repay? If they declare bankrupt ....the brokerage are likely to stuck with bad debt ... What is done cannot be undone ....confidence will take time to regain.... actually these 3 counters have similar strategy mainly using share swap to acquire assets... which i think it is very smart....especially if they manage to get assets at good price....though they look overly expensive at that time... the underlying assets may go up when mines began its production....so i do not see anything wrong at this point.... that why sgx didnt do anything to stop them when its began its rise....furthermore all corporate action i have read turns out to be real.... the transaction did go thru....  | ||
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risktaker
Supreme |
07-Nov-2013 16:24
Yells: "Sometimes you think you know, but in fact you dont" |
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Come tell us ur view... | ||
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