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Siwomp
Veteran |
04-Oct-2013 13:06
Yells: "Back to Basic. FA is Sexy" |
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I heart pain for those with mico-pennies stocks.......for some this could be the  xxxx stroke. I am holding 1 counter which is holding well but with  slightly reduced paper  gain for me now. 
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seanpent
Elite |
04-Oct-2013 13:06
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now I also getting worried about Rowsley :(
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Siwomp
Veteran |
04-Oct-2013 13:03
Yells: "Back to Basic. FA is Sexy" |
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Their timing very bad.  their single action caused a domino effect in the whole mkt.  Like the cooling measures the govt implemented.... they only implement when the maket is hot, not when it is weak like our current micro-pennies mkt.  Very bad timing... I suspect they are just following the trend and doing their job scope only.........
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Siwomp
Veteran |
04-Oct-2013 12:58
Yells: "Back to Basic. FA is Sexy" |
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So SIAS... if you really want to help the retailer, please time your actions in future lor.... don't case a crash.....  You should do a FMEA analysis first.  Seriously!
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TofuLeg
Member |
04-Oct-2013 12:57
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Bro I can understand ur feeling, but no matter what they do, there is pros and cons. Now they suspend Blumont is bad for those who vested, but it also prevent other retailers from buying it. I think it is the case of to protect the minority or the majority.
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Siwomp
Veteran |
04-Oct-2013 12:50
Yells: "Back to Basic. FA is Sexy" |
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Just like the CLOB incident.... good intention... no much result (then). Now .... good intentions turn bad, very bad.
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moneycow
Master |
04-Oct-2013 12:50
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What about Rowsley ? from 7- 8 cents chiong untill over 60 cents.....due to ? |
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iluvboost
Master |
04-Oct-2013 12:47
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resent u the PM link. u too many PMs forgot this one le
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Siwomp
Veteran |
04-Oct-2013 12:47
Yells: "Back to Basic. FA is Sexy" |
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things are not so simple (imho) .... my question is why now when the market is so fragile?  They could have took actions say 2 weeks ago.... when the pennies are hot.  Just look what they have caused..... retailers losing Tens if not Hundreds of millions by their ill-time action.  This is not protecting the retailers.... this is killing the retailers. Is this just a simple case of good intentions gone bad?  .... it's anyone guess.
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vincente
Senior |
04-Oct-2013 12:44
Yells: "hope for the best" |
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??...SIAS did the right thing to warn investors and sounded SGX...bascially that is their function and objective.It is  better to  take action now than wait till the  px is $5 or $10 which is more painful  later on.
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moneycow
Master |
04-Oct-2013 12:40
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BUT Cosco already was a giantwith mamoth assets value........then................... Blumont essential money loosing...........Tangible assets so low............ Blumont cannot compare with Cosco...........though now Cosco doesn't do so well in its price...BUT its contract and assets are there to scrutinise.  Blumont  market cap vs assets vs their business model ..selling chemical for some purposed...only... how it commnad such high market price for their share...........is a mystery..suspicious... ? BUT whoever have bought theor share at  2- 3 cents and sold  above $2 ..wow...........made a fortune....real cash in bank..from rag to riches though  on such company.....:) Lucky guys..........
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Stockcham
Elite |
04-Oct-2013 12:39
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Bro, which operator thing you shared with me through PM?. I really can't recall because my knowledge of the story is from another source. Maybe you shared with me again thru PM n will see whether we are talking about the same thing.
It's ok to repeat lah. Say one time maybe they hear n forget liao. Say 5 times maybe can remember...lol. For those who have cut earlier should kena not so much. Good luck all!
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iluvboost
Master |
04-Oct-2013 12:35
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but guys theres still POSITIVITY, the penny season will always come back..and spring back to life FAST... why i say so is, most of the recent selling is LOW VOL. BBs are not totally out. store some bullets for coming season... CHEERS! 
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moneycow
Master |
04-Oct-2013 12:33
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OH. Tks for the info. Albedo also drop alot............. It already announced share consolidation...............buying land in Iskandar zone......................... BUT...when I went JB. I noticed...........Iskanda zone is still very laid back no infrastructure............ MRT how to go in there ? Looks very back dated..............its supposedly plan to be an expansion of Singapore on another Countrys border...... They should remove the squaters, built office bnlock...convert them to like CDB  - marina area those kind of modern Financial center............. and also  Jurong industry.... looks...  BUT afre its announcement by Badawi whom stepped down........... Najib following up............  now a Minster level working committee set up to oversee its development.........  after 2 years.every thing looks the same except Immigration was  shifted to a modern facility............ other than that- same old JB leh....  not much sign of changes to fit the modern planned Iskandar zone..whole many investor have show interest but things doesn't seems to improve at least from public point of view............no significant changes yet so far......... thought its going to be a vast change.................but so far ....still looks worst than our Geylang area............:) |
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iluvboost
Master |
04-Oct-2013 12:28
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go see the COSCO 2007 1st October chart. compared with 2008 2/10 COSCO. from $8.2 - $0.605... many families were affected.  blumont is $2, SIAS dont want to repeat history..  
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iluvboost
Master |
04-Oct-2013 12:26
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they are stopping the bubble, with blumont market cap bigger than SMRT, with their negative balance sheet, why are pple paying $2 for this stock? where the money come from? u got see COSCO last time? from $8?
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Citrine
Member |
04-Oct-2013 12:26
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Bro iluvboost       Noted n thank you
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Siwomp
Veteran |
04-Oct-2013 12:23
Yells: "Back to Basic. FA is Sexy" |
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SIAS is supposed to protect the retail investors... but guess they are doing more harm than good lor. | ||||
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iluvboost
Master |
04-Oct-2013 12:19
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its human nature, people dont like to listen to negative things. call me a realist, im neither a optimist or a pessimist... I got mentioned CNA and Ramba before, with distribution on the charts. Some stks are resilient at the moment, like ShengSiong, Biosensors, Yongnam, Indoagri...to name a few. rest for a week for those speculated pennies, as we are not sure if the selling has CLIMAXED. today is capitulation day... |
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Netengineer
Senior |
04-Oct-2013 12:13
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Yep bro Sc, owing to you, i have learnt a lot about stocks. thank you very much! dont sad dont sad!! :D
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