BREAKING: New Highs For World Stock Mkts....World Class SGX?

[ahleebabasingaporethief]

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?

 

[Scrooball (clone)]

What u expect from low class sgx?

Real investors play in NYSE or Nasdaq

 

[po2wq]

sgx controlled by bb's n supported by sgx ...

 

[krafty]

talking about financial markets, i really doubt FED will raise thier interest rate this june. there is no basis to do so, whole world is slowing and if they do raise, it will lead to a loss of equilibrium on the world economy.

 

[Scrooball (clone)]

I always find it funny when people invest in blue chip Sgx stocks and complain no movement.

No risk no gain leh. At least consider invest Google in US la.

 

[Asterix]

For SGX penny stocks, I know for a fact that some counters have been cornered, with players accumulating many times more than 5% (the definition of "substantial" stake) through associated entities but failing to make substantial shareholder disclosures as required by the exchange's rules. The regulator's market surveillance team must be sleeping.

 

[ByTheWay]

By the way Huat Ah

 

[Adobe]

sgx controlled by bb's n supported by sgx ...

what is bb????

 

[MaximiLian]

First thing first - bring back the freakin' lunch break!