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Blumont

Blumont

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felixleong Offline
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#21
02-10-2013, 11:16 AM
the bigger they get, the harder they fall
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safetyfirst Offline
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#22
02-10-2013, 11:39 AM (This post was last modified: 02-10-2013, 11:39 AM by safetyfirst.)
(02-10-2013, 11:06 AM)Some-one Wrote:
(01-10-2013, 03:04 PM)specuvestor Wrote:
(30-09-2013, 10:39 PM)pianist Wrote: unbelievable...
is there something I have missed out on this gem? anyone care to shed some light?

You missed out the suspension Smile

Obviously you are lucky enough not to be hurt badly before Smile

Is that so? I just read that a person becoms a millionaire with only 15K invested in Blumont...Undecided

Every week, there's also someone who buys $1 toto to strike 1 million
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LionFlyer Offline
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#23
02-10-2013, 11:45 AM
Indeed. I know someone with the 2 for 1 rights issue at 5 cents. On paper, he would pay about 300 bucks for shares which are trading at 2.39. Unless Blumont is suspended, he stands to reap a nice profit for just 300 bucks.

But then again, he recognizes that unless money is in the bank, this is just paper profits.
You can count on the greed of man for the next recession to happen.
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specuvestor Offline
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#24
02-10-2013, 02:04 PM (This post was last modified: 02-10-2013, 02:07 PM by specuvestor.)
We have heard multiple stories of people buying bungalows from punting SESDAQ or CLOB as well. Enough said

Some are "lucky" some are not so "lucky"... we always assume we are the former. I belong to the latter so I learnt to keep to those things that I know
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)
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sgd Offline
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#25
02-10-2013, 03:49 PM (This post was last modified: 02-10-2013, 03:51 PM by sgd.)
the dangers of gambling, people are well aware of the dangers and the social problems that comes from it - everybody young and old knows this but why people still queuing to buy 4d/toto people queuing to pay money for admission in to casino. The government knows this and people's concerns and is providing social services on one hand, other hand is giving out gaming licenses why???

The answer is the same with these stocks, you can spend all the money to put all the public education on dangers and pitfalls of speculation I can bet with all of you in the next 100 years time people will still speculating in property stocks and shares, ever hear the saying speculation is as old as the hills? Big Grin

So should we criticize this or maybe we should instead spend our energies on identifying the next potential and buying them before they become the next hit wonder.
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Dividend Warrior Offline
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#26
02-10-2013, 05:48 PM
(02-10-2013, 11:39 AM)safetyfirst Wrote:
(02-10-2013, 11:06 AM)Some-one Wrote:
(01-10-2013, 03:04 PM)specuvestor Wrote:
(30-09-2013, 10:39 PM)pianist Wrote: unbelievable...
is there something I have missed out on this gem? anyone care to shed some light?

You missed out the suspension Smile

Obviously you are lucky enough not to be hurt badly before Smile

Is that so? I just read that a person becoms a millionaire with only 15K invested in Blumont...Undecided

Every week, there's also someone who buys $1 toto to strike 1 million

Well said. Tongue
My Dividend Investing Blog
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mkmk Offline
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#27
03-10-2013, 01:33 AM
http://infopub.sgx.com/FileOpen/Blumont_...eID=258390

STATEMENT TO REINFORCE RESPONSES DATED 1 OCTOBER 2013 TO QUERIES RAISED BY THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED
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cfa Offline
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#28
03-10-2013, 11:56 AM
Price still holding so well.
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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mkmk Offline
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#29
03-10-2013, 11:55 PM
Fell 37 cents at end-day to $2.02, and have requested for trading halt.
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DP28 Offline
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#30
04-10-2013, 09:05 AM
This is a goner. Find some correlation between Asiason, Liongold, chaswood and Blumont. They are all from the same gang of players.. They probably sydnicate a few counters in a market cycle.

Will the music stops soon?
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