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6 counters in watchlist to be delisted !
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knightrider
Elite |
03-Mar-2010 12:24
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These counters still around and just got warning only ! Just sometime in Feb, one of my friend relatives always play contra, no $$ to pickup, his this relatives go buy ChinaMilk, he buy 150 lots, and the next day got suspended. Then how, POEMS come to press for payment. My friend also kana, he pickup the contract and pay. Then his relatives, got no $$M, still borrow from him to settle payment. So how, consider "sway lor", not only need to pay his contract, also need to lend to relatives to settle his payment as well. So how, play contra, a lot still think, if I lost, I quickly sell off and pay the lost different. Like this case, sell also cannot, the counter is suspended, you need to pickup. Wait for miracle to happen, then later like FerroChina, will be delisted 11 Mar 2010, already confirmed, cry also can't find any tears !!! Be careful, if this is a Spore counter, it is different, who can fly to China to catch them, where got time ? |
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Alligator
Veteran |
03-Mar-2010 12:08
Yells: "learning from past " |
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Gen Mag still around ASA, tile distribution,, different coy. |
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pharoah88
Supreme |
03-Mar-2010 11:56
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General Magnetics was making video tapes. Still arOund? ASA was in USD and a gOOd cOmpany, iS iT the same cOmpany? what happened? |
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knightrider
Elite |
03-Mar-2010 11:51
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SGX adds six companies to watch-list SIX companies have been added to the Singapore Exchange's watch-list today for possible future delisting - Creative Master Bermuda, AEM Holdings, Sinobest Technology Holdings, Lankom Electronics, JEL Corporations Holdings, and Plastoform Holdings - taking the total number of firms on the watch-list to 23. Six others that are already on the watch-list were served notifications of delisting yesterday: ASA Group Holdings, Chinasing Investment Holdings, Chuan Soon Huat Industrial Group, Fastech Synergy, General Magnetics, and Ionics EMS. Another two firms on the watch-list, RH Petrogas and Unified Communications Holdings, have been granted a 12-month extension to improve their financial performance and to meet the requirements to exit from the watchlist. Under SGX rules, companies are placed on the watch-list if they suffer pre-tax losses for three straight years and have an average daily market capitalisation of less than $40 million over 120 days. Once on the watch-list, companies that do not satisfy either the profit requirement or the market capitalisation requirement face delisting. In a separate announcement, Ionics EMS, one of the firms on the watch-list, proposed a voluntary delisting. Its parent, Ionics Inc, which is listed on the Philippines Stock Exchange and which owns 90 per cent of Ionics EMS, will make a cash offer of 1.5 cents a share for the remaining Ionics EMS shares it does not own. Ionics Inc said that it does not intend to revise the exit offer price, and that the offer is not conditional upon a minimum number of acceptances. The delisting proposal is subject to SGX's approval of the exit offer and shareholders' approval of the delisting |
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knightrider
Elite |
03-Mar-2010 10:34
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Will do bro ! Thanks again !!!
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knightrider
Elite |
03-Mar-2010 10:32
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Thus, my apologies, Sunmoon is not in the list ! | ||||||||||||||||||||||||||||||||||||||||||||||||
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knightrider
Elite |
03-Mar-2010 10:31
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When you see the share indices or Share name counter with ^ this sign, this counter is either previously or now added into the watchlist, example Banjoo ! So trade with your eye open. | ||||||||||||||||||||||||||||||||||||||||||||||||
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knightrider
Elite |
03-Mar-2010 10:09
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Notice that a few of this mentioned in the list are now in top volumes trading today, cause they want to ramp up their market Cap ! So be careful. | ||||||||||||||||||||||||||||||||||||||||||||||||
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Alligator
Veteran |
03-Mar-2010 10:09
Yells: "learning from past " |
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alamak, dun search high and low lah this is always in their website http://www.sgx.com/wps/portal/marketplace/mp-en/listed_companies_info/watchlist may be just give u the link, then u bookmark it,.
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knightrider
Elite |
03-Mar-2010 10:05
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Thks to both of you ! | ||||||||||||||||||||||||||||||||||||||||||||||||
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knightrider
Elite |
03-Mar-2010 10:03
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Hey Thanks brother, I am still searching high and low ! Good Luck. | ||||||||||||||||||||||||||||||||||||||||||||||||
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Alligator
Veteran |
03-Mar-2010 10:03
Yells: "learning from past " |
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from sgx website
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cheerfully
Member |
03-Mar-2010 10:01
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From CNA website... SINGAPORE: Six companies have been added to the SGX watch-list for failing to meet criteria for continued listing on the stock exchange. They have 24 months to meet requirements or face delisting, and will be reviewed quarterly by the SGX. Creative Master Bermuda, AEM Holdings, Sinobest Technology, Lankom Electronics, JEL Corporations Holdings and Plastoform Holdings, were added to the list on Tuesday. Upon review, six companies previously on the watch list have also been served delisting notices for failing to meet listing requirements. They are ASA Group Holdings, Chinasing Investment, Chuan Soon Huat Industrial Group, Fastech Synergy, General Magnetics and Ionics EMS. To make an exit from the "Watch-List", the companies must either report a pre-tax profit, or have a minimum market capitalisation of S$40 million. |
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knightrider
Elite |
03-Mar-2010 09:59
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5) LINDETEVES-JACOBERG LTD | ||||||||||||||||||||||||||||||||||||||||||||||||
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knightrider
Elite |
03-Mar-2010 09:56
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4) ASA Group | ||||||||||||||||||||||||||||||||||||||||||||||||
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knightrider
Elite |
03-Mar-2010 09:45
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I just heard there is this 6 counters under watch list announce by SGX to be delisted if they did not tie their shoe-lace or confirmed or is just warning ! Can someone help to fill-in the blanks ? Thks! 1) AEM 2) Chuan Soon Huat 3) Sun Moon (is this in the list, 3 consecutives lost ???) 4) 5) 6) |
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