An honorable member of the Coffee Shop Has Just Posted the Following:
Everywhere people making money from stocks.
Singapore, most people lost arm and leg over penny stock suspensions in 2013 followed up by Stupid Rule that stocks must be priced at minimum 20 cents.
Our market never recovered from that Blumont, Asiasons, Liongold suspension incident which till today has wiped out Double Digit Billions....yes B not millions from investors pockets.
Up till today, one year plus 6 months later, there is still no news why the counters were suspended in the first place.
Up till today, investors both local and foreign are giving the Singapore markets a wide berth......siam ah........vote of no confident.
Property market here also seems to be heading the same way.....vety little confidence shown anymore as more FT investors seem to know how this Garment operates.
Really suka suka.........detrimental to themselves in the end....just like the Penny fiasco. Suspend first but no proper explanation.
So where is the explanation for the Penny suspensions?
Click here to view the whole thread at www.sammyboy.com.
21-03-2015, 07:20 AM
BREAKING: New Highs For World Stock Mkts....World Class SGX?
