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Latest Forum Topics / Shen Yao    Last:0.002 --  Post Reply
ThinkEnv name change to Liongold Corp
danytan
Senior
16-Nov-2013 00:35     
 
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Yells: "Up up and away!"
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 Alert Admin 		can explain why? thks.

gaoshou      ( Date: 15-Nov-2013 18:12) Posted:



Bought into all trio last min. All should go up  when market open next monday. Have a nice day.



He also highlights price swings distorting thresholds requiring shareholders' nod

[Singapore]  AMID the spate of penny stock price collapses last month, investor lobby group Securities Investors Association Singapore (SIAS) has asked the regulators to give more teeth to listing rules here by imposing heavy fines on individuals who flout them.

If corporate miscreants understand that there is greater likelihood of being found out, and that the cost of such breaches is high, perhaps they would think twice about dabbling in the market, SIAS president and CEO David Gerald said at an awards presentation ceremony last night. " Companies listing in Singapore must not take the view that if they breach listing rules, they can go scot free," he said.

Asiasons Capital, Blumont Group and LionGold Corp triggered a penny-stock meltdown with an inexplicable crash, prompting the Singapore Exchange (SGX) to impose trading restrictions on them. This set off a wave of selling in other penny counters such as Sky One and Tritech Group.

SIAS has reviewed Asiasons, Blumont and LionGold with technology company Handshakes, and discovered a recent instance when a share price run-up came before the announcement of a sizeable acquisition, Mr Gerald said. A listed company is required to seek shareholders' approval when a deal it plans to undertake is proportionately large for its size. In this instance, the preceding share-price run sufficiently affected the way certain ratios were calculated. Hence, such shareholders' approval was not required.

Mr Gerald said it's timely for the regulators to review instances where unusual price movements affect ratios that determine the need for shareholder approvals.

" We want to avoid situations where unusual price movements inadvertently deprive shareholders of a say in significant matters," he said.

Listed companies should also be required to state clearly whether they had been queried recently in disclosures when they announce acquisitions and disposals to shareholders, Mr Gerald added.

The SIAS Investors' Choice Awards held last night is an annual event to celebrate displays of excellence in areas of shareholder communication and corporate governance. Corporate winners this year include DBS Group, Yongnam Holdings, SingTel, Fraser and Neave, Sembcorp Marine, Cordlife Group, InnoTek and Ascendas Reit. CapitaLand scooped the Golden Circle Award - the highest accolade - for consistently practising good corporate governance, Mr Gerald said.

The awards are part of the fourth Corporate Governance Week organised by SIAS that's taking place next week.

Guest-of-honour Grace Fu, Minister in the Prime Minister's Office, yesterday urged the Monetary Authority of Singapore (MAS) to consider requiring companies to adopt and disclose their diversity policy in their annual reports.

While the revised Singapore's Code of Corporate Governance, which requires corporate boards to provide for diversity - including that of gender diversity - is " a step in the right direction" , Ms Fu said: " I believe we can do better."

In response to her comments, the MAS said it has already established a diversity task force to study how to encourage greater diversity, including gender diversity, in the boardroom and C-suite.

" The task force is currently conducting a survey on gender diversity on boards and in senior management, and is expected to produce a report with its recommendations some time in 2014.

" Along with other relevant agencies, MAS will study the recommendations and consider how best to implement them," it said.
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look4ang
Member
15-Nov-2013 22:29     
 
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 Alert Admin 		Let hope it will go up above 20c! Huat ah!
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drag76on
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15-Nov-2013 22:18     
 
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Sure or not...

  If it drops below 18.5c, its going to be ugly again

Let's see if its up or down further when market open next Monday! 

gaoshou      ( Date: 15-Nov-2013 18:12) Posted:



Bought into all trio last min. All should go up  when market open next monday. Have a nice day.



He also highlights price swings distorting thresholds requiring shareholders' nod

[Singapore]  AMID the spate of penny stock price collapses last month, investor lobby group Securities Investors Association Singapore (SIAS) has asked the regulators to give more teeth to listing rules here by imposing heavy fines on individuals who flout them.

If corporate miscreants understand that there is greater likelihood of being found out, and that the cost of such breaches is high, perhaps they would think twice about dabbling in the market, SIAS president and CEO David Gerald said at an awards presentation ceremony last night. " Companies listing in Singapore must not take the view that if they breach listing rules, they can go scot free," he said.

Asiasons Capital, Blumont Group and LionGold Corp triggered a penny-stock meltdown with an inexplicable crash, prompting the Singapore Exchange (SGX) to impose trading restrictions on them. This set off a wave of selling in other penny counters such as Sky One and Tritech Group.

SIAS has reviewed Asiasons, Blumont and LionGold with technology company Handshakes, and discovered a recent instance when a share price run-up came before the announcement of a sizeable acquisition, Mr Gerald said. A listed company is required to seek shareholders' approval when a deal it plans to undertake is proportionately large for its size. In this instance, the preceding share-price run sufficiently affected the way certain ratios were calculated. Hence, such shareholders' approval was not required.

Mr Gerald said it's timely for the regulators to review instances where unusual price movements affect ratios that determine the need for shareholder approvals.

" We want to avoid situations where unusual price movements inadvertently deprive shareholders of a say in significant matters," he said.

Listed companies should also be required to state clearly whether they had been queried recently in disclosures when they announce acquisitions and disposals to shareholders, Mr Gerald added.

The SIAS Investors' Choice Awards held last night is an annual event to celebrate displays of excellence in areas of shareholder communication and corporate governance. Corporate winners this year include DBS Group, Yongnam Holdings, SingTel, Fraser and Neave, Sembcorp Marine, Cordlife Group, InnoTek and Ascendas Reit. CapitaLand scooped the Golden Circle Award - the highest accolade - for consistently practising good corporate governance, Mr Gerald said.

The awards are part of the fourth Corporate Governance Week organised by SIAS that's taking place next week.

Guest-of-honour Grace Fu, Minister in the Prime Minister's Office, yesterday urged the Monetary Authority of Singapore (MAS) to consider requiring companies to adopt and disclose their diversity policy in their annual reports.

While the revised Singapore's Code of Corporate Governance, which requires corporate boards to provide for diversity - including that of gender diversity - is " a step in the right direction" , Ms Fu said: " I believe we can do better."

In response to her comments, the MAS said it has already established a diversity task force to study how to encourage greater diversity, including gender diversity, in the boardroom and C-suite.

" The task force is currently conducting a survey on gender diversity on boards and in senior management, and is expected to produce a report with its recommendations some time in 2014.

" Along with other relevant agencies, MAS will study the recommendations and consider how best to implement them," it said.
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Peter_Pan
Supreme
15-Nov-2013 20:44     
 
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Yells: "did you order dunkin' donuts"
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 Alert Admin 		liongold gim bao cao
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yueann_22
Member
15-Nov-2013 20:19     
 
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 Alert Admin 		Hi gaoshou, whats your basis for going up? Seems pretty standard news for me..
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gaoshou
Member
15-Nov-2013 18:12     
 
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Bought into all trio last min. All should go up  when market open next monday. Have a nice day.



He also highlights price swings distorting thresholds requiring shareholders' nod

[Singapore]  AMID the spate of penny stock price collapses last month, investor lobby group Securities Investors Association Singapore (SIAS) has asked the regulators to give more teeth to listing rules here by imposing heavy fines on individuals who flout them.

If corporate miscreants understand that there is greater likelihood of being found out, and that the cost of such breaches is high, perhaps they would think twice about dabbling in the market, SIAS president and CEO David Gerald said at an awards presentation ceremony last night. " Companies listing in Singapore must not take the view that if they breach listing rules, they can go scot free," he said.

Asiasons Capital, Blumont Group and LionGold Corp triggered a penny-stock meltdown with an inexplicable crash, prompting the Singapore Exchange (SGX) to impose trading restrictions on them. This set off a wave of selling in other penny counters such as Sky One and Tritech Group.

SIAS has reviewed Asiasons, Blumont and LionGold with technology company Handshakes, and discovered a recent instance when a share price run-up came before the announcement of a sizeable acquisition, Mr Gerald said. A listed company is required to seek shareholders' approval when a deal it plans to undertake is proportionately large for its size. In this instance, the preceding share-price run sufficiently affected the way certain ratios were calculated. Hence, such shareholders' approval was not required.

Mr Gerald said it's timely for the regulators to review instances where unusual price movements affect ratios that determine the need for shareholder approvals.

" We want to avoid situations where unusual price movements inadvertently deprive shareholders of a say in significant matters," he said.

Listed companies should also be required to state clearly whether they had been queried recently in disclosures when they announce acquisitions and disposals to shareholders, Mr Gerald added.

The SIAS Investors' Choice Awards held last night is an annual event to celebrate displays of excellence in areas of shareholder communication and corporate governance. Corporate winners this year include DBS Group, Yongnam Holdings, SingTel, Fraser and Neave, Sembcorp Marine, Cordlife Group, InnoTek and Ascendas Reit. CapitaLand scooped the Golden Circle Award - the highest accolade - for consistently practising good corporate governance, Mr Gerald said.

The awards are part of the fourth Corporate Governance Week organised by SIAS that's taking place next week.

Guest-of-honour Grace Fu, Minister in the Prime Minister's Office, yesterday urged the Monetary Authority of Singapore (MAS) to consider requiring companies to adopt and disclose their diversity policy in their annual reports.

While the revised Singapore's Code of Corporate Governance, which requires corporate boards to provide for diversity - including that of gender diversity - is " a step in the right direction" , Ms Fu said: " I believe we can do better."

In response to her comments, the MAS said it has already established a diversity task force to study how to encourage greater diversity, including gender diversity, in the boardroom and C-suite.

" The task force is currently conducting a survey on gender diversity on boards and in senior management, and is expected to produce a report with its recommendations some time in 2014.

" Along with other relevant agencies, MAS will study the recommendations and consider how best to implement them," it said.
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pasttime
Member
15-Nov-2013 17:17     
 
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Ms Janet Yellen perform well in her U.S. Senate Banking Committee.

that drives short covering of gold and silver.

look c, look c, no position in this speculative golden counter yet.
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pasttime
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15-Nov-2013 17:07     
 
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the price is low so it is relatively safer for the player.
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handongni
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15-Nov-2013 17:02     
 
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in the past, there were cases when share placement issue to a well known vip for say 0.25 and the market can then response by chasing the share price to 0.50 for example.

they try to do the same. me think. 
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pasttime
Member
15-Nov-2013 16:59     
 
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this one like playing warrant. just drive this share up by pumping in money the others will follow up.

looks like 0.183 may be the new base line.
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starlene
Elite
15-Nov-2013 16:43     
 
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Wintercrest Advisors LLC (?Wintercrest?) is a multi-strategy hedge fund that seeks superior returns across global markets. Wintercrest is a fund manager that delivers absolute return and long-only investment strategies across asset classes, sectors and geographies. Wintercrest looks at both qualitative and quantitative factors in assessing the risk/reward parameters and performs extensive due diligence before making investment decisions. Wintercrest is wholly owned by  Platinum Partners Value Arbitrage Fund LP.

This BB very clever. 
..Clever if I not wrong Platinium Partners subscribed for 30.8mil at $0.1232 in Aug this yearin Innopac Hldgs..all the cronies here related Asiasons own 6% in LionGold and Innopac has stakes in LionGold..wow all complex web of deceit..lucky to have sold on Oct 21 most of the 3 cos Asisasons,Bluemont and LionGold..waiting for lower entry to buy more  

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ssw518
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15-Nov-2013 16:26     
 
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Do you mean you will subscribe to $1  a share if the company say if the company use a 2 yrs average? I will only use the recent data and recent price

 

handongni      ( Date: 15-Nov-2013 16:12) Posted:


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handongni
Senior
15-Nov-2013 16:12     
 
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MISCELLANEOUS :: SUBSCRIPTION OF 98,186,000 NEW ORDINARY SHARES IN THE CAPITAL OF LIONGOLD CORP LTD (THE " SUBSCRIPTION SHARES" ) AT S$0.183 FOR EACH SUBSCRIPTION SHARE TO RAISE GROSS PROCEEDS OF S$17,968,038Nov 15 2013 12:51:49 PM

This indicate that the Company agree the share price in last two years are too overvalue.
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danytan
Senior
15-Nov-2013 16:05     
 
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 Alert Admin 		Ok thanks

Rosesyrup      ( Date: 15-Nov-2013 16:00) Posted:



Square off= close off position.

Shortists want to avoid uncertainty during weekend.

danytan      ( Date: 15-Nov-2013 15:21) Posted:

What does square off position mea
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Rosesyrup
Veteran
15-Nov-2013 16:00     
 
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Square off= close off position.

Shortists want to avoid uncertainty during weekend.

danytan      ( Date: 15-Nov-2013 15:21) Posted:

What does square off position mean

akchua      ( Date: 15-Nov-2013 15:20) Posted:



Today is friday, expect people to square off their position at the last 15 min before market close.

Trade with care.
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Rosesyrup
Veteran
15-Nov-2013 15:58     
 
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 Alert Admin 		Lol...Now quite self-explanatory who  I step on and I  step them already.  9 new accounts today. I  must say this unusually high.  Maybe  for creating each  new thumbs up got $10  profit credited into account.
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vincente
Senior
15-Nov-2013 15:42     
 
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Yells: "hope for the best"
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 Alert Admin 		Limpeh Tua Huat ah!


Itachi      ( Date: 15-Nov-2013 13:56) Posted:



Wah Kao, got good news also want to fight? Lim peh really want to just diam diam read only. People like you instead of cornering stock market, you cornering lim peh. Make until lim has no choice but to log in   and say something here. Lim peh really tired of this crap already, can I just read news instead of crap or not? Hor? Want to fight go else where.

Also don't start to think you are the only one with hair then can bully student. Don't believe you go ask your mum, whose hairs was found on your face when you were born. If you ever want to know who limpeh is, arrange a day we come out to drink coffee. Limpeh make sure you suck egg.

  Kan. Wasted time remembering my password and typing here.

Eh paiseh everyone, I leave now. Continue posting good news. Huat Ah.

vincente      ( Date: 15-Nov-2013 13:03) Posted:

You think you are damn smart here?You are just a arrogant brat and attention  seeker student here.Wonder whtr yr pubic hair has grown hard enough or maybe it is still a white tiger.Yr posting behaviour is damn childish. I see yr posting make me doo lan. Addressing  other seniors as Aunty or Uncle showed a contempt of yrself.By calling them aunty and uncle is a insult to them especially in   this forum. You are implying that they should be in the wet market and not in the stock market. And at the same time you want to  impress that you are  young and have such a good stock  knowledge. Pleas lah, spare me the agony.I can   read   behaviour characteristics very well. Cant you do what the Romans do here and respect the peace here.I notice 7 out of yr 10 postings, there are arguments   bwteen you and the others.These heated exchanges are with different forumners some more.This  shows the  general acceptance level of yr views in this forum is very low and with many thumbs down.

Yr Olam analysis is totally a disaster. If you think yr yr views  are so good and supported with facts then why the px have not move to yr TP 3.20.Worst still yr 3.20 is without any time frame. Isnt analysis is also a guess work.  Finally my advice for you is dont try to teach a grandmother how to suck eggs.Yu never know who you are talking to at the other end.

 



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vincente
Senior
15-Nov-2013 15:39     
 
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 Alert Admin 		So red....so shiok!

srichipan      ( Date: 15-Nov-2013 13:17) Posted:

Wah so angsty. Reflects even worse on you. Where's the bad news you talking about? Go Lion!
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vincente
Senior
15-Nov-2013 15:37     
 
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 Alert Admin 		                            Limpeh Huat ah!


Rosesyrup      ( Date: 15-Nov-2013 13:29) Posted:

Huat ah!

maixisuahlai      ( Date: 15-Nov-2013 13:25) Posted:

everyone chill la.. the lion is about to roar liao. hope it'll lead the revival for penny stocks play once and for all into year end!! huat ahhh!!! 


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ssw518
Member
15-Nov-2013 15:29     
 
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I  saw about 1.2k in a single sell down starting from 0.197.

Most likely short

danytan      ( Date: 15-Nov-2013 15:18) Posted:

How many shorts

ssw518      ( Date: 15-Nov-2013 15:14) Posted:



Lots of short execute from 0.197 to 0..192

trade with care

since most of us are long term cash holding, jus sit back and relax should closed back to 0.195
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