Back

Latest Forum Topics / Riverstone    Last:0.87 --

Post Reply

RIVERSTONE HOLDINGS LIMITED Post Reply Rate topic
zandlery Supreme	24-Mar-2021 11:34        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Seen like u happily rubbing salt on that guy ya..... 1k maybe send letter in formality. It is impratical to sue till bankruptcy for 1k because it an amount that is possible to repay. Unless he is jobless, but if he is jobless the brokerage will not approve credit at all. ffff152100ffff      ( Date: 24-Mar-2021 11:09) Posted: Yes, that scary that my remisier told me, $1000 also sue you bankruptcy, if not everyone don't pay and he will be headache...Do you think is 10,000 people own $1000 and you will be headache and they must do this way to make people scared.. crystalbee      ( Date: 24-Mar-2021 10:54) Posted: Not so scary lah...be bankrupt for $10K? I think he can discuss with his remisier to pay off by instalments
Useful To Me  Not Useful To Me
crystalbee Veteran	24-Mar-2021 11:31        crystalbee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe they verbally say so. Most people owing will pay up rather than be a " bankrupt" . Johsonyew still got room for discussion...things will work out ok.  ffff152100ffff      ( Date: 24-Mar-2021 11:09) Posted: Yes, that scary that my remisier told me, $1000 also sue you bankruptcy, if not everyone don't pay and he will be headache...Do you think is 10,000 people own $1000 and you will be headache and they must do this way to make people scared.. crystalbee      ( Date: 24-Mar-2021 10:54) Posted: Not so scary lah...be bankrupt for $10K? I think he can discuss with his remisier to pay off by instalments
Useful To Me  Not Useful To Me
lhc1964 Senior	24-Mar-2021 11:18        lhc1964 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ohhh , so scary ! ffff152100ffff      ( Date: 24-Mar-2021 11:09) Posted: Yes, that scary that my remisier told me, $1000 also sue you bankruptcy, if not everyone don't pay and he will be headache...Do you think is 10,000 people own $1000 and you will be headache and they must do this way to make people scared.. crystalbee      ( Date: 24-Mar-2021 10:54) Posted: Not so scary lah...be bankrupt for $10K? I think he can discuss with his remisier to pay off by instalments
Useful To Me  Not Useful To Me
ffff152100ffff Master	24-Mar-2021 11:09        ffff152100ffff About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, that scary that my remisier told me, $1000 also sue you bankruptcy, if not everyone don't pay and he will be headache...Do you think is 10,000 people own $1000 and you will be headache and they must do this way to make people scared.. crystalbee      ( Date: 24-Mar-2021 10:54) Posted: Not so scary lah...be bankrupt for $10K? I think he can discuss with his remisier to pay off by instalments. ffff152100ffff      ( Date: 24-Mar-2021 10:43) Posted: One more thing is that I advice you, is better to be bankruptcy than borrowing money from Ah long, the most don't buy stock for life and not a big thing..
Useful To Me  Not Useful To Me
zandlery Supreme	24-Mar-2021 11:05        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	That's why it a good reminder for new investor if not season yet don't contra. Just like gambling you might have gain a decent amount on the first few "bet" but when get greedy and all in on certain stocks like before and when it goes against you, shit happens. look@bright      ( Date: 24-Mar-2021 10:58) Posted: yup but am suprised he was given such high buy credit to trade in the first place. Usually brokage will access the income first else default usually max $20-30k crystalbee      ( Date: 24-Mar-2021 10:54) Posted: Not so scary lah...be bankrupt for $10K? I think he can discuss with his remisier to pay off by instalments
Useful To Me  Not Useful To Me
look@bright Elite	24-Mar-2021 10:58        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	yup but am suprised he was given such high buy credit to trade in the first place. Usually brokage will access the income first else default usually max $20-30k crystalbee      ( Date: 24-Mar-2021 10:54) Posted: Not so scary lah...be bankrupt for $10K? I think he can discuss with his remisier to pay off by instalments. ffff152100ffff      ( Date: 24-Mar-2021 10:43) Posted: One more thing is that I advice you, is better to be bankruptcy than borrowing money from Ah long, the most don't buy stock for life and not a big thing..
Useful To Me  Not Useful To Me
crystalbee Veteran	24-Mar-2021 10:54        crystalbee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not so scary lah...be bankrupt for $10K? I think he can discuss with his remisier to pay off by instalments. ffff152100ffff      ( Date: 24-Mar-2021 10:43) Posted: One more thing is that I advice you, is better to be bankruptcy than borrowing money from Ah long, the most don't buy stock for life and not a big thing... ffff152100ffff      ( Date: 24-Mar-2021 10:35) Posted: Your broker house will sue you for bankruptcy, not only this and all broker house know you and will not let you open account with them for life even you pay off all you own to them, my remiser told me alot of this cases...For life your records is there even you pay all you own to them ..
Useful To Me  Not Useful To Me
ffff152100ffff Master	24-Mar-2021 10:43        ffff152100ffff About Contact  Quote this Post!
x 0   x 0  Alert Admin	One more thing is that I advice you, is better to be bankruptcy than borrowing money from Ah long, the most don't buy stock for life and not a big thing... ffff152100ffff      ( Date: 24-Mar-2021 10:35) Posted: Your broker house will sue you for bankruptcy, not only this and all broker house know you and will not let you open account with them for life even you pay off all you own to them, my remiser told me alot of this cases...For life your records is there even you pay all you own to them ... johnsonyew      ( Date: 23-Mar-2021 20:55) Posted: Thanks. My remiser asked me settle as soon as possible, else will get penalty of higher interest. Can help me ask your remiser that if not able clear the contra outstanding, is there any monthly instalment option?
Useful To Me  Not Useful To Me
ffff152100ffff Master	24-Mar-2021 10:35        ffff152100ffff About Contact  Quote this Post!
x 0   x 0  Alert Admin	Your broker house will sue you for bankruptcy, not only this and all broker house know you and will not let you open account with them for life even you pay off all you own to them, my remiser told me alot of this cases...For life your records is there even you pay all you own to them ... johnsonyew      ( Date: 23-Mar-2021 20:55) Posted: Thanks. My remiser asked me settle as soon as possible, else will get penalty of higher interest. Can help me ask your remiser that if not able clear the contra outstanding, is there any monthly instalment option?  happy2020      ( Date: 23-Mar-2021 20:42) Posted: You making one mistake after another.. you rather approach your remiser and tell your situation.. And worked out a plan to pay back monthly..  The most will end up in a mediation court which would also ask you to settle monthly with what you could afford.. thats all.. Nothing worst will happen..  Ah long are worst, they suck your blood with interest and land you in big depts..  Take care
Useful To Me  Not Useful To Me
lhc1964 Senior	24-Mar-2021 09:34        lhc1964 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Who didn' t they do a off market married dea , so that they can bypass the retalers whoQ at 1.27/126/1.25..  ?
Useful To Me  Not Useful To Me
investor999 Elite	24-Mar-2021 08:37        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Market makers make sure there is always matching buyers and sellers and they are the middle man investor999      ( Date: 24-Mar-2021 08:33) Posted: Also when you use 100k cash account to buy..Someone on other side sell 100K most likely shorts
Useful To Me  Not Useful To Me
investor999 Elite	24-Mar-2021 08:33        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Also when you use 100k cash account to buy..Someone on other side sell 100K most likely shorts
Useful To Me  Not Useful To Me
investor999 Elite	24-Mar-2021 08:27        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cash account trading is most dangerous as you are given a loan of 100k only for 4 days. Use CFD and margin safer as your lost is only limited by the amount you put in. johnsonyew      ( Date: 23-Mar-2021 22:32) Posted: I bought myself, remiser no promote lhc1964      ( Date: 23-Mar-2021 22:30) Posted: If you are a new investor , you stand a chance to negotiate for a better terms. May I ask you Why were you so confident that you committed such a big trade at one shot ? Your remisier promoted this to you or ......?
Useful To Me  Not Useful To Me
PhillipTan Supreme	24-Mar-2021 01:45        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	I am not really sure about CFD trading, but I don' t think CFD trading actually affects the stock market since no actual shares are involved? I have recently written a post to ask for advice on CFD shorting, 80+ views but so far no one replied If you are experienced or understand the workings of CFD trading, I would appreciate if you can write to me and share with me further in detail n3wbie      ( Date: 23-Mar-2021 23:05) Posted: To be honest even the MAS short sell report is based on the SBL pool (correct me if I am wrong). It is also unclear the outstanding shorts based on CFD orders, for any companies that is, not specific to RS. Not quite sure where exactly can we figure out the real outstanding short-sell volume? happy2020      ( Date: 23-Mar-2021 22:52) Posted: The answer to this is in the Short Position Reports.. We retailers are always at losing end, because MAS only reports last weeks Short Position on this week thursday after office hour..  So till than, you wont know if the short positions were covered or not.. I complained to MAS about the late reporting but they said they collect datas on end of each friday, and it takes them 4 days to process it.. They must be using a 1980' s computer to do the processing, so cant blame them..
Useful To Me  Not Useful To Me
PhillipTan Supreme	24-Mar-2021 01:27        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Contra or shorting is really ma jiam like gambling, it is not investment Advice to all traders is that the money used/allocated for contra or shorting should be something that is really spare cash to you and that you can afford to lose everything without worries Best is to let your remiser know about your situation and pay as much as you can upfront first Let your remiser inform you on how the remaining sum should be handled Eg. monthly installments, penalty with interest, or extension of payment date etc. (Probably asking for a date extension would be a more acceptable one as payday is coming soon, and usually salary pay date is at end of month) Another alternative would be  talking to your boss or HR and request for a personal loan from the company that you are working in A lot of companies do provide such loans to their employees, but the employees may sometimes be required to sign an agreement/bond to stay with the company for a fixed period of time so that the loan can be repaid (Eg. 5k loan, 250 deducted from salary every month for loan repayment and hence a bond of 20 months with the company) My personal advice, stay away from contra or shorting unless you are really sure what you are doing and all the risks that are attached to such trades From the way you mentioned about a remiser, you are probably doing trading via phone I will also advise you to change your trading account to a cash upfront account, the one that you need to deposit cash before you can execute any buy trades Since the the trading done is limited by the amount of cash deposited, you will never be trading beyond your capacity Furthermore, the CDP trading fees for cash upfront accounts are the cheapest compared to trading via phone which are the highest (Ie. killing two birds with one stone) Don' t need to " jump floor" or borrow from ah long over a 10k loss It' s not worth it, it is not the end of the world Just like learning mahjung, take this as an expensive lesson that you had learnt on equity trading My most expensive trading lesson costed me almost 25k when I bought shares in NOL and the company got taken over by CMA and subsequently delisted from SGX So take heart, one mountain higher than another mountain You can easily earn back this 10k by working hard, or even by carefully planned investments in the future which is not too difficult johnsonyew      ( Date: 23-Mar-2021 20:55) Posted: Thanks. My remiser asked me settle as soon as possible, else will get penalty of higher interest. Can help me ask your remiser that if not able clear the contra outstanding, is there any monthly instalment option?  happy2020      ( Date: 23-Mar-2021 20:42) Posted: You making one mistake after another.. you rather approach your remiser and tell your situation.. And worked out a plan to pay back monthly..  The most will end up in a mediation court which would also ask you to settle monthly with what you could afford.. thats all.. Nothing worst will happen..  Ah long are worst, they suck your blood with interest and land you in big depts..  Take care
Useful To Me  Not Useful To Me
PhillipTan Supreme	24-Mar-2021 00:48        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Usually the trading limit is set based on the salary slips provided on account opening and they may call in to request for a special one-off increase in trading limit in the event they are going to trade beyond their limits Based on the 100k shares @ $1.33 as mentioned by him, he will need a special one-off increase of around 135k roughly equivalent to a trading limit of around 35k or a monthly salary of around 4.5k, my guess So it may not be that shocking that his trade went through afterall happy2020      ( Date: 23-Mar-2021 23:16) Posted: --- Post Removed by User ---
Useful To Me  Not Useful To Me
happy2020 Senior	23-Mar-2021 23:22        happy2020 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If you find that the Outstanding Short Position being not accurate, you can always write to MAS or call them with evidence.. You as a trader has all right to query because your discretion on placing a bet is also based on the numbers reflected on this reports, so if the data is not accurately published, they have to bear the consequences for your losses incurred..   n3wbie      ( Date: 23-Mar-2021 23:05) Posted: To be honest even the MAS short sell report is based on the SBL pool (correct me if I am wrong). It is also unclear the outstanding shorts based on CFD orders, for any companies that is, not specific to RS. Not quite sure where exactly can we figure out the real outstanding short-sell volume? happy2020      ( Date: 23-Mar-2021 22:52) Posted: The answer to this is in the Short Position Reports.. We retailers are always at losing end, because MAS only reports last weeks Short Position on this week thursday after office hour..  So till than, you wont know if the short positions were covered or not.. I complained to MAS about the late reporting but they said they collect datas on end of each friday, and it takes them 4 days to process it.. They must be using a 1980' s computer to do the processing, so cant blame them..
Useful To Me  Not Useful To Me
n3wbie Elite	23-Mar-2021 23:05        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	To be honest even the MAS short sell report is based on the SBL pool (correct me if I am wrong). It is also unclear the outstanding shorts based on CFD orders, for any companies that is, not specific to RS. Not quite sure where exactly can we figure out the real outstanding short-sell volume? happy2020      ( Date: 23-Mar-2021 22:52) Posted: The answer to this is in the Short Position Reports.. We retailers are always at losing end, because MAS only reports last weeks Short Position on this week thursday after office hour..  So till than, you wont know if the short positions were covered or not.. I complained to MAS about the late reporting but they said they collect datas on end of each friday, and it takes them 4 days to process it.. They must be using a 1980' s computer to do the processing, so cant blame them..  investor999      ( Date: 23-Mar-2021 22:38) Posted: So why would a big fund wants to sell out much at such low price ? I think there should be another reason. I think it is a matter of changing financer. Probably the same person who shorted so much. Aim is to bring the price down then using the other financer to buy up his long shares. It is probably done now. While his borrowing cost is lowered, he will cover his shorts by buying up which will have the effect of increasing his leverage for his long shares.
Useful To Me  Not Useful To Me
happy2020 Senior	23-Mar-2021 22:52        happy2020 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The answer to this is in the Short Position Reports.. We retailers are always at losing end, because MAS only reports last weeks Short Position on this week thursday after office hour..  So till than, you wont know if the short positions were covered or not.. I complained to MAS about the late reporting but they said they collect datas on end of each friday, and it takes them 4 days to process it.. They must be using a 1980' s computer to do the processing, so cant blame them..  investor999      ( Date: 23-Mar-2021 22:38) Posted: So why would a big fund wants to sell out much at such low price ? I think there should be another reason. I think it is a matter of changing financer. Probably the same person who shorted so much. Aim is to bring the price down then using the other financer to buy up his long shares. It is probably done now. While his borrowing cost is lowered, he will cover his shorts by buying up which will have the effect of increasing his leverage for his long shares. happy2020      ( Date: 23-Mar-2021 20:01) Posted: For those who are still puzzled about what happened on last friday after 5pm, about the 12 million Riverstone Shares trading..    My broker, checked and feedback to me that a fund manager  offloaded 12 million shares from his portfolio for some reasons.. But he got a willing buyer at $1.24 who bought it back, but there were some retailers who were queuing along the way at 1.27,1.26, 1.25 and 1.24 also got it 1.24..  Its not a bad news, since fund managers always do such reshuffle, but good news is that they didnt dump in the open market, but sold to another willing buyer.. So price could have dipped on monday and today by those adhoc retailers who received this shares at very cheap price and also the shortist who tried to create panic using the price dip, which also explains why there was  a late rush to buy shares at 1.26 and 1.25 today..  Happy Investing.
Useful To Me  Not Useful To Me
investor999 Elite	23-Mar-2021 22:38        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	So why would a big fund wants to sell out much at such low price ? I think there should be another reason. I think it is a matter of changing financer. Probably the same person who shorted so much. Aim is to bring the price down then using the other financer to buy up his long shares. It is probably done now. While his borrowing cost is lowered, he will cover his shorts by buying up which will have the effect of increasing his leverage for his long shares. happy2020      ( Date: 23-Mar-2021 20:01) Posted: For those who are still puzzled about what happened on last friday after 5pm, about the 12 million Riverstone Shares trading..    My broker, checked and feedback to me that a fund manager  offloaded 12 million shares from his portfolio for some reasons.. But he got a willing buyer at $1.24 who bought it back, but there were some retailers who were queuing along the way at 1.27,1.26, 1.25 and 1.24 also got it 1.24..  Its not a bad news, since fund managers always do such reshuffle, but good news is that they didnt dump in the open market, but sold to another willing buyer.. So price could have dipped on monday and today by those adhoc retailers who received this shares at very cheap price and also the shortist who tried to create panic using the price dip, which also explains why there was  a late rush to buy shares at 1.26 and 1.25 today..  Happy Investing.
Useful To Me  Not Useful To Me

                                                         First   < Newer   4081-4100 of 10564   Older>   Last