| Latest Forum Topics / Southern Arch Last:0.002 -- |
|
|
When Blumont will back again?
|
||||||||||||||
|
Bigmama
Elite |
20-Mar-2015 13:38
|
|||||||||||||
|
x 0
x 0 Alert Admin |
Fraud audit?..... Seriously?
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
BigCannonFairy
Master |
20-Mar-2015 12:27
Yells: "Slingless David" |
|||||||||||||
|
x 0
x 0 Alert Admin |
Anyway other possible strategies include:
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
|
||||||||||||||
|
BigCannonFairy
Master |
20-Mar-2015 12:20
Yells: "Slingless David" |
|||||||||||||
|
x 0
x 0 Alert Admin |
NG KIM HUAT is really annoying ! Keep aimlessly launching supplementary bid for Genesis.  Including today' s bid, it has been the fifteen statement already and all Blumont has is a pathetic 1.43% stake in Genesis.  I mean come on, the same time and resources could be spent on doing something more meaningful than spamming bid statement !   |
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
BigCannonFairy
Master |
20-Mar-2015 12:10
Yells: "Slingless David" |
|||||||||||||
|
x 0
x 0 Alert Admin |
According to the document, the subtaintial purpose of this right issue is to repay Wintercrest loan. The burning problem of this company lies in repaying the above mentioned loan. The other two problems (CAD investigation and energy price) are dependent on macroecon factors which are beyond the control of Blumont management. However learning from innopac experience, right issue isn' t a good way to raising fund now. Blumont should instead launch bid for Cokal limited using a share exchange method now. The bid will provide Blumont with the following benefits: 1.        Competing with Cakra over Cokal, make the latter look more attractive. 
2.        Most of Cokal major shareholders are rich entities and funds. If they accepted Blumont' s shares offer, they will have a stake in Blumont and will help to prop up Blumont share price.
3.        Platinum partner, the parent of Wintercrest, is also a substaintial shareholder of Cokal. If Platinum partner converted to Blumont shares, they have an interest to convert their Wintercrest Loan into Blumont share too.
            Blumont can try to market Cokal bid as a protection from Cakra takeover. Telling Cokal shareholders that the company is undervalued currently due to subdued coal (and oil) price in the macro environment. Coal (and oil) price is expect to recover in later this year, therefore it is unwise to sell their Cokal shares at a low price now. Instead they could accept Blumont shares to continue gaining exposure to Cokal asset while enjoying the diversification into uranium industry as well.
 
Due to the limited resources Blumont&rsquo s currently has, management should try consolidating the company footing among existing asset as it is much more efficient than pursing new assets like Elysium Resources.
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
Demostation
Supreme |
20-Mar-2015 11:06
|
|||||||||||||
|
x 0
x 0 Alert Admin |
I have not read the reasons for calling rights and issue free warrants for the rights.   But I think it is for acquisition or using for new business, right anyone who doing research on this counter?
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
|
||||||||||||||
|
LONERANGER
Senior |
20-Mar-2015 11:00
|
|||||||||||||
|
x 0
x 0 Alert Admin |
Bulmont should suspend till white knight step in, rather than keep asking for money for their own expenses. |
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
tobias_i_d
Senior |
20-Mar-2015 10:46
Yells: "Good technicians don't eat heads and tails." |
|||||||||||||
|
x 0
x 0 Alert Admin |
Not too much... and I don' t live on empty hope... I admit these shares that I' m still holding is one of my first trading mistakes that I did as a beginner... Everytime I see it, it reminds me to do due diligence very carefully befofre I throw money to any counter.... It acts as somekind of reminder now... Now I' m busy with other counters and trying my best everyday not to repeat the same mistake again...  If Blumont is busted one day, its okay, money can find again, we die later also can' t bring money to afterlife... if Blumont chiong, that' s okay too, not great, because my heart has become numb now so whatever the outcome is, let it be...
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
Demostation
Supreme |
20-Mar-2015 09:27
|
|||||||||||||
|
x 0
x 0 Alert Admin |
Honestly such stock is dangerous, and could be bad anytime should SGX gets crazy about dealing with penny and 1 cent stocks that ask for rights.   Saw several of them suspended these days when asking for money, eg. SweeHong, JES, etc. Actually the culture is bad, asking for money. Provided they have a good plan, for business and not for paying debts built through inefficient business management, rights are ok. |
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
|
||||||||||||||
|
Bigmama
Elite |
20-Mar-2015 09:20
|
|||||||||||||
|
x 0
x 0 Alert Admin |
Hope that u don't have too much..... You know where it might go in the future...... Honestly u know. Most chose to cover their eyes and live on empty hope because they lost too much.
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
LONERANGER
Senior |
19-Mar-2015 16:11
|
|||||||||||||
|
x 0
x 0 Alert Admin |
Blumont is going to ask for right issue on every once or twice  per year. The management are so smart by drawing salary with owning any shares |
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
tobias_i_d
Senior |
19-Mar-2015 15:33
Yells: "Good technicians don't eat heads and tails." |
|||||||||||||
|
x 0
x 0 Alert Admin |
  still a looooooooooooooooooong way for this counter to be suspended / delisted.... Blumont management just has to work very hard since based on the data above, Blumont got a quite of fan base there...      |
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
sheerluck
Supreme |
19-Mar-2015 14:05
Yells: "Work for your money first then let your money work for you" |
|||||||||||||
|
x 0
x 0 Alert Admin |
https://www.youtube.com/watch?v=chbjc-XDKLw   |
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
|
||||||||||||||
|
teeth53
Supreme |
19-Mar-2015 13:59
Yells: "don't learn through life, learn to grow with life " |
|||||||||||||
|
x 0
x 0 Alert Admin |
Ya...lohh. Si lan Angmo lohh, as if not enough, still adding salt to the wound.
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
RoundRound
Elite |
19-Mar-2015 13:29
Yells: "Tikam Tikam can also" |
|||||||||||||
|
x 0
x 0 Alert Admin |
Raising money from shareholders again and the worse is using 75% of these money to pay off part of its large debts and balance for expenses. What a way to get investors' money for short-term reprieve.
Useless company! Is raising money for business expansion to benefit shareholders in the long term, that's a totally different story |
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
KepoChicken
Master |
19-Mar-2015 12:44
|
|||||||||||||
|
x 0
x 0 Alert Admin |
just wait some 1 to start the engine for ABL Winds
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
haruta
Elite |
19-Mar-2015 12:42
|
|||||||||||||
|
x 0
x 0 Alert Admin |
To those still vested, better think carefully before subscribing for rights. Dont forget there is still the 20c minimum px issue.  
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
haruta
Elite |
19-Mar-2015 12:38
|
|||||||||||||
|
x 0
x 0 Alert Admin |
going down to sub cent.. like that how to survive? Still want rights issue.. suck more monies then get delisted siboh?   |
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
tobias_i_d
Senior |
19-Mar-2015 12:36
Yells: "Good technicians don't eat heads and tails." |
|||||||||||||
|
x 0
x 0 Alert Admin |
Blumont management will do EVERYTHING to make sure the price is above the right price... or else no one will buy the right...  If price is still below the right price, then I must say that Blumont management is not trying hard enough...  still holding my share at 3.9 cents...
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
Bigmama
Elite |
19-Mar-2015 12:36
|
|||||||||||||
|
x 0
x 0 Alert Admin |
The management is either desperate or crazy to price it's rights same price as its last done price . Do they think they are blue chip company? Still so corky.... Blumont is not 2 dollars company anymore.
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
Bigmama
Elite |
19-Mar-2015 12:31
|
|||||||||||||
|
x 0
x 0 Alert Admin |
If price is lower the rights price... You know what to do right? | |||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||

