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Thread: Dangers of playing shares

  1. #1
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    Default Dangers of playing shares

    http://www.fool.sg/2013/10/04/whats-...liongold-corp/

    On Friday morning three popular Singapore shares fell off the proverbial cliff. Asiasons Capital Limited?s (SGX: 5ET) slid 61% to S$1.04; Blumont Group?s (SGX: A33) slumped 56% to S$0.88 and LionGold Corp (SGX: A78) dropped 42% to S$0.88.

    god bless those who kena burnt
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

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    Quote Originally Posted by radha08 View Post
    http://www.fool.sg/2013/10/04/whats-...liongold-corp/

    On Friday morning three popular Singapore shares fell off the proverbial cliff. Asiasons Capital Limited?s (SGX: 5ET) slid 61% to S$1.04; Blumont Group?s (SGX: A33) slumped 56% to S$0.88 and LionGold Corp (SGX: A78) dropped 42% to S$0.88.

    god bless those who kena burnt
    Buy properties in good location. Don't buy shares. Shares may vaporize overnight, properties will be there even after you pass away.

  3. #3
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    Cool

    Quote Originally Posted by radha08 View Post
    http://www.fool.sg/2013/10/04/whats-...liongold-corp/

    On Friday morning three popular Singapore shares fell off the proverbial cliff. Asiasons Capital Limited?s (SGX: 5ET) slid 61% to S$1.04; Blumont Group?s (SGX: A33) slumped 56% to S$0.88 and LionGold Corp (SGX: A78) dropped 42% to S$0.88.

    god bless those who kena burnt
    This type of share can invest meh?????
    More like gambling lor

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    Quote Originally Posted by jeaprp View Post
    This type of share can invest meh?????
    More like gambling lor

    thats the problem a lot of INVESTORS end up as GAMBLERS its the SINGAPOREAN mentality no need to pay $100 entrance fees to play shares unlike casino
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  5. #5
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    Cool

    Quote Originally Posted by radha08 View Post
    thats the problem a lot of INVESTORS end up as GAMBLERS its the SINGAPOREAN mentality no need to pay $100 entrance fees to play shares unlike casino
    Then too bad. they got to pay to learn.
    Stock mkt is full of sharks, waiting for ppl like them
    but if u invest in gd stock like SPH, Singtel, then is different story

  6. #6
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    Quote Originally Posted by radha08 View Post
    http://www.fool.sg/2013/10/04/whats-...liongold-corp/

    On Friday morning three popular Singapore shares fell off the proverbial cliff. Asiasons Capital Limited?s (SGX: 5ET) slid 61% to S$1.04; Blumont Group?s (SGX: A33) slumped 56% to S$0.88 and LionGold Corp (SGX: A78) dropped 42% to S$0.88.

    god bless those who kena burnt
    Bulmont was 0.015 in 2011. In 2013, it goes up to >2.50.
    So if U will to invest 10k in 2011. It became $1 million b4 it get suspended in 2013.


    Fool me ONCE , shame on YOU.
    Fool me TWICE, shame on ME.
    Fool me the 3RD TIME, so STUPID I am.
    Fool me the FOURTH TIME, I need to be CONDEMN.
    Fool me the FIFTTH, SIX TIME ... I am really hopeless.


    LISTENING TO HEARSAY/HERDINVESTING/GREED

    DO NOT fall prey to herd instinct. Avoid making big financial decisions based on hearsay. When U make any investment, if your mind is focus on high return as 1st priority . Then U will be easily blind by the risk you are in. Majorities Retail investors see high return 1st priority when they buy share. They ignore the high risk. They like to play speculative penny stocks due to it low cost & high liquidity with High profit.Long term, they will suffer through big losses due to their weak emotional trading behavior. Too painful to cut loss. Hesitate to cut loss at the initial stage. Hesitation can be very costly.


    rdgs,
    Vic

  7. #7
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    i thot singaporeans all put their money into ppties liao? i seriously doubt many retail investors bought the 3 stocks.

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    Quote Originally Posted by cbsh38584 View Post
    Bulmont was 0.015 in 2011. In 2013, it goes up to >2.50.
    So if U will to invest 10k in 2011. It became $1 million b4 it get suspended in 2013.



    Fool me ONCE , shame on YOU.
    Fool me TWICE, shame on ME.
    Fool me the 3RD TIME, so STUPID I am.
    Fool me the FOURTH TIME, I need to be CONDEMN.
    Fool me the FIFTTH, SIX TIME ... I am really hopeless.


    LISTENING TO HEARSAY/HERDINVESTING/GREED

    DO NOT fall prey to herd instinct. Avoid making big financial decisions based on hearsay. When U make any investment, if your mind is focus on high return as 1st priority . Then U will be easily blind by the risk you are in. Majorities Retail investors see high return 1st priority when they buy share. They ignore the high risk. They like to play speculative penny stocks due to it low cost & high liquidity with High profit.Long term, they will suffer through big losses due to their weak emotional trading behavior. Too painful to cut loss. Hesitate to cut loss at the initial stage. Hesitation can be very costly.


    rdgs,
    Vic
    If I had invested in blumont at that price point, i would have ran happily if i made 50k, not to mention 1m

    BTW I was watching the action this morning, came down from 2.02 to under 90 cents every exciting minute. by 945 is was over
    When you have eliminate the impossible, whatever remains, however improbable, must be the truth

  9. #9
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    Quote Originally Posted by sherlock View Post
    If I had invested in blumont at that price point, i would have ran happily if i made 50k, not to mention 1m

    BTW I was watching the action this morning, came down from 2.02 to under 90 cents every exciting minute. by 945 is was over
    Many stock investors want to be Warren Buffett. Stocks are quite complex to play, not to mention insider trading that gives unfair advantage to some traders.

  10. #10
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    ha ha...glad to see many of us property gurus also LOOKING at the share market
    totally agree property is a MUCH BETTER and safer investment any day....
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  11. #11
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    but actually our SGX also kelong one...they should be monitoring these type of companies long time ago...
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  12. #12
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    Quote Originally Posted by wirehtc View Post
    Many stock investors want to be Warren Buffett. Stocks are quite complex to play, not to mention insider trading that gives unfair advantage to some traders.

    You are very right. Got a remisier once told me during ICT to get certain stocks as properties to him too high and not worth. I put in a bit in the stock to see how it goes. In the few months proceeding, recommended stocks dipped 10%, my property continued to gain say 3-5 %.

    Still have good stocks but not easy to navigate. One that I held for years increased by 3 to 4 times in a matter of weeks. In short, highly volatile.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  13. #13
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    Quote Originally Posted by radha08 View Post
    but actually our SGX also kelong one...they should be monitoring these type of companies long time ago...
    A lot of people lost their money due to the Chinese stocks in SGX that shouldn't have been allowed to list there in the first place.

  14. #14
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    u need to thank david loh and han seng juan for bringing in the bulk of them (100+ brought in by them).

    http://advantagepath.blogspot.sg/200...-remisier.html



    Quote Originally Posted by wirehtc View Post
    A lot of people lost their money due to the Chinese stocks in SGX that shouldn't have been allowed to list there in the first place.

  15. #15
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    Hardcored greedy retail clients are hopeless type of speculative investors. They will never learn until they have no money to trade & speculate. The end tragedy is they bring financial disaster to their families.

    All this companies were linked by their shareholders & directors.
    Blumont & Innopac have a common shareholders in listed IPCO intl. IPCO's company director is also non-executive independent director at LionGold & blumont. lionGold non-executive director is also executive chairman of ISR which used to be the broking unit of Asiaones - From Biz times.

    Fool me ONCE , shame on YOU.
    Fool me TWICE, shame on ME.

    Fool me the 3RD TIME, so STUPID I am.
    Fool me the FOURTH TIME, I need to be CONDEMN.
    Fool me the FIFTTH, SIX TIME ... I am really hopeless.

    rdgs,
    vic

  16. #16
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    Quote Originally Posted by cbsh38584 View Post
    Hardcored greedy retail clients are hopeless type of speculative investors. They will never learn until they have no money to trade & speculate. The end tragedy is they bring financial disaster to their families.

    All this companies were linked by their shareholders & directors.
    Blumont & Innopac have a common shareholders in listed IPCO intl. IPCO's company director is also non-executive independent director at LionGold & blumont. lionGold non-executive director is also executive chairman of ISR which used to be the broking unit of Asiaones - From Biz times.

    Fool me ONCE , shame on YOU.
    Fool me TWICE, shame on ME.

    Fool me the 3RD TIME, so STUPID I am.
    Fool me the FOURTH TIME, I need to be CONDEMN.
    Fool me the FIFTTH, SIX TIME ... I am really hopeless.

    rdgs,
    vic
    By establishing the links between these companies, now we know... i almost dipped in ISR when it was on a bull run the last 2 months. 20 cents to over 70 in just a few weeks and came crashing back again to 20 yesterday
    When you have eliminate the impossible, whatever remains, however improbable, must be the truth

  17. #17
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    Quote Originally Posted by cbsh38584 View Post
    All this companies were linked by their shareholders & directors.
    Blumont & Innopac have a common shareholders in listed IPCO intl. IPCO's company director is also non-executive independent director at LionGold & blumont. lionGold non-executive director is also executive chairman of ISR which used to be the broking unit of Asiaones - From Biz times.
    rdgs,
    vic
    I Have been holding Innopac shares for more than twenty years. I paid 88 cts per share and can't understand why I didn't cut loss.
    There were rights issue for this counter but I chose not to subscribe.
    There is nothing I can do now but to wait for this counter to be delisted. Once it's delisted, I may get back some certificates, which can be used as toilet paper.

  18. #18
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    Quote Originally Posted by moneytalk View Post
    I Have been holding Innopac shares for more than twenty years. I paid 88 cts per share and can't understand why I didn't cut loss.
    There were rights issue for this counter but I chose not to subscribe.
    There is nothing I can do now but to wait for this counter to be delisted. Once it's delisted, I may get back some certificates, which can be used as toilet paper.

    wow bro sorry to hear that hope u made back with other counters
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  19. #19
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    Quote Originally Posted by radha08 View Post
    wow bro sorry to hear that hope u made back with other counters
    Well, you win some and you lose some and sometimes I can't help but feel that trading in shares is a waste of time.

  20. #20
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    complex mess of companies:

    liongold, asiasons, blumont, innopac, isr, ipco.

    others: ITE, china fibretech

    even magnus energy is mildly related.


    http://sg.finance.yahoo.com/news/lio...080000005.html



    Quote Originally Posted by sherlock View Post
    By establishing the links between these companies, now we know... i almost dipped in ISR when it was on a bull run the last 2 months. 20 cents to over 70 in just a few weeks and came crashing back again to 20 yesterday

  21. #21
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    Quote Originally Posted by moneytalk View Post
    Well, you win some and you lose some and sometimes I can't help but feel that trading in shares is a waste of time.

    haha i also got same feeling
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  22. #22
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    Shares are definitely dangerous to retail investors even blue chip companies are not sure win all the time if bought at the wrong time.

  23. #23
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    There is risks in every kind of investments.

    Whether it is share or property. We need to be knowledgeable about the investment before we even put our hard earned monies into it.

    Warren Buffett has the right temperament for share investment which not many of us have. He knows what he is investing in. He has the eyes to the future possibilities of companies and businesses. And he know the intrinsic value of businesses. He knows where the moat or money float that he can leverage to be able to invest into the right businesses.

    It is not luck. It is astuteness. It is detachment. It is seeing what others cannot see with the mind where most will use their hearts.

    For share, it is worth to take time to enter and exit the market, once you know you are buying the right businesses.

  24. #24
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    All 3 counters will resume trading tomorrow

    Asiasons, Blumont and Liongold

    Designated with Cash upfront for Buy and NO SHORTS allowed


    Not vested

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    Quote Originally Posted by Simi View Post
    All 3 counters will resume trading tomorrow

    Asiasons, Blumont and Liongold

    Designated with Cash upfront for Buy and NO SHORTS allowed


    Not vested
    Going to be interesting. Wonder if it'll continue to trend down
    When you have eliminate the impossible, whatever remains, however improbable, must be the truth

  26. #26
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    I will buy 10 lots each when they reach 1cent :

    Only invest when you know what you are doing.

    for people who understand property, go ahead and invest property;

    for people who understand stocks, go ahead and invest stocks;

    for people who understand bonds, go ahead and invest bonds;

    for most who understand none of the above, work hard and invest in your job.

  27. #27
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    Quote Originally Posted by Allthepies View Post
    I will buy 10 lots each when they reach 1cent :

    Only invest when you know what you are doing.

    for people who understand property, go ahead and invest property;

    for people who understand stocks, go ahead and invest stocks;

    for people who understand bonds, go ahead and invest bonds;

    for most who understand none of the above, work hard and invest in your job.

    Agree totally on the above. Well said!

  28. #28
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    Quote Originally Posted by Allthepies View Post
    I will buy 10 lots each when they reach 1cent :

    Only invest when you know what you are doing.

    for people who understand property, go ahead and invest property;

    for people who understand stocks, go ahead and invest stocks;

    for people who understand bonds, go ahead and invest bonds;

    for most who understand none of the above, work hard and invest in your job.
    But why does men not understand any bit about women and yet invest so much? LOL
    When you have eliminate the impossible, whatever remains, however improbable, must be the truth

  29. #29
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    Quote Originally Posted by Allthepies View Post
    I will buy 10 lots each when they reach 1cent :

    Only invest when you know what you are doing.

    for people who understand property, go ahead and invest property;

    for people who understand stocks, go ahead and invest stocks;

    for people who understand bonds, go ahead and invest bonds;

    for most who understand none of the above, work hard and invest in your job.

    Hi Allthepies

    If you may

    allow me to add 1 last sentence to your posting


    Its your money its your call
    Its my money its my call


  30. #30
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    Quote Originally Posted by sherlock View Post
    But why does men not understand any bit about women and yet invest so much? LOL
    because when this stands...all the blood rushes down there and u cannot think...wahahhaha
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

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