Ocean Sky International

[valueinvestor]

Just look at the frauds committed by the management of S chips, so far what have SGX done for the investors ?

[greengiraffe]

SGX today is only concern on the velocity of the market. Nevermind about the quality - its slash and burn - burn so much that in the end everyone suffers.

Go look at another recent listing (IPO - no public offer - Talkmed). 6 related companies owned by 3 common/similar shareholders now going through the roof - 92.5 vs 20 cents.

http://infopub.sgx.com/Apps?A=COW_Corpor...esults.pdf

How can SGX allow such a listing to take place in the first place and why bother to issue standard enquiries when there is abnormal trading activities?

While punters treat stockmarket as a casino what has SGX done to lesser gambling on stockmarket while encouraging more educated and informed investment strategies.

The market has been this dead because wealth from the innocent mess has been transferred in an accelerated velocity to the well informed manipulative minorities.

The SGX compliance department is no longer the one that it used to be in the 90s.

[pianist]

market place is supposed to be big, not just for valuebuddies only.

[BlueKelah]

I can't think of anything very big to be announced, unless maybe the Ezion deal with Ocean Sky has gone sour one way of another?

Bingo!! Ezion deal is terminated. Oh...no Sky is falling to the ocean. By the way, it seems like news of the termination is leaked out this morning..

http://infopub.sgx.com/FileOpen/Ezion_Up...eID=274380

You can get rich quick if you are an insider and shorted the stock.
You can get poor quick if you not an insider and speculated the stock.

I prefer to just watch, such happenings are quite entertaining to the value investor

[cfa]

SGX today is only concern on the velocity of the market. Nevermind about the quality - its slash and burn - burn so much that in the end everyone suffers.

Go look at another recent listing (IPO - no public offer - Talkmed). 6 related companies owned by 3 common/similar shareholders now going through the roof - 92.5 vs 20 cents.

http://infopub.sgx.com/Apps?A=COW_Corpor...esults.pdf

How can SGX allow such a listing to take place in the first place and why bother to issue standard enquiries when there is abnormal trading activities?

While punters treat stockmarket as a casino what has SGX done to lesser gambling on stockmarket while encouraging more educated and informed investment strategies.

The market has been this dead because wealth from the innocent mess has been transferred in an accelerated velocity to the well informed manipulative minorities.

The SGX compliance department is no longer the one that it used to be in the 90s.

Another World-class laughing stock . No wonder many good companies chose to delist from SGX .

[CityFarmer]

I can't think of anything very big to be announced, unless maybe the Ezion deal with Ocean Sky has gone sour one way of another?

Bingo!! Ezion deal is terminated. Oh...no Sky is falling to the ocean. By the way, it seems like news of the termination is leaked out this morning..

http://infopub.sgx.com/FileOpen/Ezion_Up...eID=274380

You can get rich quick if you are an insider and shorted the stock.
You can get poor quick if you not an insider and speculated the stock.

I prefer to just watch, such happenings are quite entertaining to the value investor

You can get to jail quick if you are an insider and shorted the stock. Of course, you can get rich quick if not caught.

[ValueBeliever]

Fundamentally, the stock is worth 10cts but its trading at a 50% premium. Wonder if it will continue to dish out dividend.

What a way to exit? Our SMEs that is well managed but due to the nature of our market guess its the only way out.

[greentea]

Hot stock: Ocean Sky surges on proposed acquisition of property developer
By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT
6 Jan 10:18 AM
SHARES of Ocean Sky International jumped 13.3 per cent on Tuesday morning, following an announcement that it had entered into a non-binding memorandum of understanding regarding the proposed acquisition of property developer Link Holdings for S$226.3 million....

http://businesstimes.com.sg/stocks/hot-s...-developer