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ahhuat08 Elite	12-Sep-2019 15:02        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	could be ysh2006      ( Date: 12-Sep-2019 14:27) Posted: This scenario of 50% drop happened way before the auditor signalled the fund transfered story CEO already might have   top up way way up with other means liow.... ahhuat08      ( Date: 12-Sep-2019 13:00) Posted: if the pledged shares have fallen by more than 50%, that will trigger a margin call already, if ceo cannot top up cash or more shares, if faces force selling by ocbc noms
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dollarsense Veteran	12-Sep-2019 15:01        dollarsense About Contact  Quote this Post!
x 0   x 0  Alert Admin	but with high volume and green, dont seem like can be bad news
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Wind22i Supreme	12-Sep-2019 14:56        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	just for discussion sake: since it is suspended, if it suspend for a year, what will happen to : 1)those who contra - do they have to pay broker at t+2 2)those who short - do they have to cover it by end day? or force buy in with penalty?
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TraderBen Supreme	12-Sep-2019 14:38        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Like that suddenly half halfway trading usually won?t be good news
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ysh2006 Supreme	12-Sep-2019 14:27        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This scenario of 50% drop happened way before the auditor signalled the fund transfered story CEO already might have   top up way way up with other means liow.... ahhuat08      ( Date: 12-Sep-2019 13:00) Posted: if the pledged shares have fallen by more than 50%, that will trigger a margin call already, if ceo cannot top up cash or more shares, if faces force selling by ocbc noms. Annoymouse      ( Date: 12-Sep-2019 11:47) Posted: According to disclosure on 22 Apr, 40 million shares of the group CEO were held by OCBC Nominees arising from the Share Financing Arrangement. At that time, the share price was in the 10c region. Today the share price is at 0.034. Wouldn't there a need to top up additional shares to make up the share value difference?
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Wind22i Supreme	12-Sep-2019 14:25        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now is like gambling .. big or small.. just wait.. Either gameover or gone case or it can continue
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TA_Expert Supreme	12-Sep-2019 14:20        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	Somebody must have the insider news and pushed the share price up before the trading halt. It should be positive news.
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Maller Elite	12-Sep-2019 14:15        Maller About Contact  Quote this Post!
x 0   x 0  Alert Admin	So means if good or neutral news, will go up to 10 cents? Huat arr..dyodd  Annoymouse      ( Date: 12-Sep-2019 11:47) Posted: According to disclosure on 22 Apr, 40 million shares of the group CEO were held by OCBC Nominees arising from the Share Financing Arrangement. At that time, the share price was in the 10c region. Today the share price is at 0.034. Wouldn't there a need to top up additional shares to make up the share value difference?
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Annoymouse Member	12-Sep-2019 14:08        Annoymouse About Contact  Quote this Post!
x 0   x 0  Alert Admin	Im not familiar with share financing. Based on what you mentioned then it's quite likely there was cash top up or otherwise there would be annoucement on additional shares topup? ahhuat08      ( Date: 12-Sep-2019 13:00) Posted: if the pledged shares have fallen by more than 50%, that will trigger a margin call already, if ceo cannot top up cash or more shares, if faces force selling by ocbc noms. Annoymouse      ( Date: 12-Sep-2019 11:47) Posted: According to disclosure on 22 Apr, 40 million shares of the group CEO were held by OCBC Nominees arising from the Share Financing Arrangement. At that time, the share price was in the 10c region. Today the share price is at 0.034. Wouldn't there a need to top up additional shares to make up the share value difference?
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Annoymouse Member	12-Sep-2019 14:05        Annoymouse About Contact  Quote this Post!
x 0   x 0  Alert Admin	It's trading halt. Not suspension. Wind22i      ( Date: 12-Sep-2019 13:46) Posted: Already say be careful... Now they suspend till when?
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Wind22i Supreme	12-Sep-2019 13:49        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	If its like midas ... suspend more than a year
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Wind22i Supreme	12-Sep-2019 13:46        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Already say be careful... Now they suspend till when?
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ysh2006 Supreme	12-Sep-2019 13:20        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This type of saying also appeared in YZL but after halt price went up up away..... shk363      ( Date: 12-Sep-2019 13:09) Posted: means 40m shares will be dumped once halt lifted?
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Safety_first Master	12-Sep-2019 13:20        Safety_first About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is similar to Midas case, they push up the share price fast  on the last day before halt ...then suspended later. Hope this time only Halt and not suspended ..... Good Luck all ....
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shk363 Elite	12-Sep-2019 13:09        shk363 About Contact  Quote this Post!
x 0   x 0  Alert Admin	means 40m shares will be dumped once halt lifted?
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gravity8888 Supreme	12-Sep-2019 13:08        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Funny.. Dun halt yesterday but today
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ahhuat08 Elite	12-Sep-2019 13:00        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	if the pledged shares have fallen by more than 50%, that will trigger a margin call already, if ceo cannot top up cash or more shares, if faces force selling by ocbc noms. Annoymouse      ( Date: 12-Sep-2019 11:47) Posted: According to disclosure on 22 Apr, 40 million shares of the group CEO were held by OCBC Nominees arising from the Share Financing Arrangement. At that time, the share price was in the 10c region. Today the share price is at 0.034. Wouldn't there a need to top up additional shares to make up the share value difference?
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gravity8888 Supreme	12-Sep-2019 12:31        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What bull? Where
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TA_Expert Supreme	12-Sep-2019 12:17        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	Rally liao.  Bull run is here.
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Shifu8888 Supreme	12-Sep-2019 12:14        Shifu8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Disaster if there is a margin call and announcement pertains to forced sale and change of shareholdings.
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