Thursday, October 24, 2013

Singapore central bank, SGX launch probe into penny stocks crash

Written by Reuters  
Thursday, 24 October 2013 21:03
Singapore’s central bank said it is conducting an extensive review with Singapore Exchange (SGX) of recent share price volatility in three inter-linked Singapore companies, but said the operations and financial positions of broking firms exposed to those stocks remain sound.

“MAS has been closely monitoring the exposure of the broking firms by collecting reports on losses and major counterparty exposure arising from their exposures to the three counters,” the Monetary Authority of Singapore told Reuters in an e-mail response to questions.

“The operations and financial positions of the broking firms remain sound. We will continue to monitor the situation closely.”


SGX suspended trading in shares of Blumont Group, Asiasons Capital and LionGold Corp on Oct. 4 after sharp declines in their stock prices wiped billions of dollars in market value off the three firms.

Traders have said several brokerages in Singapore could lose millions of dollars following those big price falls.

“MAS and SGX are conducting an extensive review of the activities around these stocks,” the MAS said. “This episode has also surfaced broader issues regarding the market structure and practices which MAS and SGX intend to review thoroughly. Upon completion of the review, we will consult the public if changes are required.”


Source/Extract/Excerpts/来源/转贴/摘录: http://www.theedgesingapore.com/
Publish date: 24/10/13

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Warren E. Buffett(沃伦•巴菲特)
Be fearful when others are greedy, and be greedy when others are fearful
别人贪婪时我恐惧, 别人恐惧时我贪婪
投资只需学好两门课: 一,是如何给企业估值,二,是如何看待股市波动
吉姆·罗杰斯(Jim Rogers)
“错过时机”胜于“搞错对象”:不会全军覆没!”
做自己熟悉的事,等到发现大好机会才投钱下去

乔治·索罗斯(George Soros)

“犯错误并没有什么好羞耻的,只有知错不改才是耻辱。”

如果操作过量,即使对市场判断正确,仍会一败涂地。

李驰(中国巴菲特)
高估期间, 卖对, 不卖也对, 买是错的。
低估期间, 买对, 不买也是对, 卖是错的。

Tan Teng Boo


There’s no such thing as defensive stocks.Every stock can be defensive depending on what price you pay for it and what value you get,
冷眼(冯时能)投资概念
“买股票就是买公司的股份,买股份就是与陌生人合股做生意”。
合股做生意,则公司股份的业绩高于一切,而股票的价值决定于盈利。
价值是本,价格是末,故公司比股市重要百倍。
曹仁超-香港股神/港股明灯
1.有智慧,不如趁势
2.止损不止盈
成功者所以成功,是因为不怕失败!失败者所以失败,是失败后不再尝试!
曾淵滄-散户明灯
每逢灾难就是机会,而是在灾难发生时贱价买股票,然后放在一边,耐性地等灾难结束
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