ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Singapore Listed Companies › B - B v
Blumont

Blumont

Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
felixleong Offline
Banned
Posts: 1,039
Threads: 14
Joined: Dec 2012
#21
02-10-2013, 11:16 AM
the bigger they get, the harder they fall
Find
Reply
safetyfirst Offline
Member
***
Posts: 457
Threads: 7
Joined: Dec 2012
Reputation: 5
#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
Find
Reply
LionFlyer Offline
Senior Member
****
Posts: 534
Threads: 16
Joined: Dec 2010
Reputation: 7
#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.
Find
Reply
specuvestor Offline
Posting Freak
*****
Posts: 3,727
Threads: 6
Joined: Oct 2012
Reputation: 95
#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)
Find
Reply
sgd Offline
Posting Freak
*****
Posts: 1,446
Threads: 81
Joined: Oct 2010
Reputation: 12
#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.
Find
Reply
Dividend Warrior Offline
Senior Member
****
Posts: 591
Threads: 4
Joined: Apr 2013
Reputation: 5
#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
Website Find
Reply
mkmk Offline
Member
***
Posts: 208
Threads: 2
Joined: Mar 2013
Reputation: 3
#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
Find
Reply
cfa Offline
Posting Freak
*****
Posts: 1,343
Threads: 49
Joined: Nov 2010
Reputation: 7
#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.
Find
Reply
mkmk Offline
Member
***
Posts: 208
Threads: 2
Joined: Mar 2013
Reputation: 3
#29
03-10-2013, 11:55 PM
Fell 37 cents at end-day to $2.02, and have requested for trading halt.
Find
Reply
DP28 Offline
Member
***
Posts: 162
Threads: 1
Joined: Jul 2013
Reputation: 3
#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?
Find
Reply


Forum Jump:


Users browsing this thread: 3 Guest(s)