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ThinkEnv name change to Liongold Corp Post Reply Rate topic
clonevil Member	10-Nov-2013 23:39        clonevil About Contact  Quote this Post!
x 0   x 0  Alert Admin	the investigation IS relating to the sudden crash in share prices. Not due to any news relating to potential fraud. whether the investigation uncovers other things is a whole other question. Rosesyrup      ( Date: 10-Nov-2013 23:18) Posted: K, Thanks pal. Lets hope what you said is true. singa9999      ( Date: 10-Nov-2013 23:09) Posted: understand the fear of investigation outcome on the trio, Rosesyrup.  However, taking a logical view, the SGX/MAS investigation can be around " cornering" of the stocks and/or " manipulating" their prices BUT not " cooking the company books type of fraud" , since all the three companies categorically stated that they and/or their operations are not under any investigation, unlike the S-chips.  If any company Director is found party to " cornering and/or manipulating" the share prices, he/she could be heavily fined/removed from office etc etc.....but that should not logically impact the company's value/net worth/potential,   as it would in the case of " company cooking the books - Schips cases" . So we must not use the s-chips investigation-type yardstick of company fraud FEAR, in these cases, is my 2 cents.
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Rosesyrup Master	10-Nov-2013 23:18        Rosesyrup About Contact  Quote this Post!   Yells: "Get your own opinion, don't follow blindly."
x 0   x 0  Alert Admin	K, Thanks pal. Lets hope what you said is true. singa9999      ( Date: 10-Nov-2013 23:09) Posted: understand the fear of investigation outcome on the trio, Rosesyrup.  However, taking a logical view, the SGX/MAS investigation can be around " cornering" of the stocks and/or " manipulating" their prices BUT not " cooking the company books type of fraud" , since all the three companies categorically stated that they and/or their operations are not under any investigation, unlike the S-chips.  If any company Director is found party to " cornering and/or manipulating" the share prices, he/she could be heavily fined/removed from office etc etc.....but that should not logically impact the company's value/net worth/potential,   as it would in the case of " company cooking the books - Schips cases" . So we must not use the s-chips investigation-type yardstick of company fraud FEAR, in these cases, is my 2 cents.  Rosesyrup      ( Date: 10-Nov-2013 18:04) Posted: I don't think the problem now is low or high revenue, or even profitability. Otherwise LionGold would have fliped a few times after its latest earning report. Market now feared about regulators findings, if any, more than anything. Lets hope everything is fine
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singa9999 Member	10-Nov-2013 23:09        singa9999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	understand the fear of investigation outcome on the trio, Rosesyrup.  However, taking a logical view, the SGX/MAS investigation can be around " cornering" of the stocks and/or " manipulating" their prices BUT not " cooking the company books type of fraud" , since all the three companies categorically stated that they and/or their operations are not under any investigation, unlike the S-chips.  If any company Director is found party to " cornering and/or manipulating" the share prices, he/she could be heavily fined/removed from office etc etc.....but that should not logically impact the company's value/net worth/potential,   as it would in the case of " company cooking the books - Schips cases" . So we must not use the s-chips investigation-type yardstick of company fraud FEAR, in these cases, is my 2 cents.  Rosesyrup      ( Date: 10-Nov-2013 18:04) Posted: I don't think the problem now is low or high revenue, or even profitability. Otherwise LionGold would have fliped a few times after its latest earning report. Market now feared about regulators findings, if any, more than anything. Lets hope everything is fine. singa9999      ( Date: 10-Nov-2013 17:55) Posted: http://www.asiaminer.com/magazine/current-news/news-archive/163-october-2013/5377-gold-liongold-ore-processing-agreement.html http://www.straitstimes.com/breaking-news/money/story/liongold-corp-signs-ore-processing-agreement-australian-firm-20130923 Does anyone know whether this deal was done amongst Australia listed A1 Consolidated Gold co & Lion OR on put hold/cancelled due to the share px saga ??  If done, it would be a giant step in boosting revenues over a 3-yr period !
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zillion Master	10-Nov-2013 20:38        zillion About Contact  Quote this Post!
x 0   x 0  Alert Admin	those are of fundamentals/corp events.  these 3 must-keep-sters  are now  subjected  by the ongoing investigations (perception). let's look at the designation status. why sgx designated the 3? from previous cases there  were elements of fraud. and soon all wound down and got off with a very heavy stick. these 3 were re-instated and the market is back to its oldself  being vibrant again. sgx had already gave its view for its different approach to sky one and these 3. sgx cleared. market's action shows that there is a change of ownership/ssh so no way will the prices move up as any new owner will want to bargain hunt and collect cheap. also seasoned short sellers know the game so well wanting more bad news so that short covering will be at its cheapest ard 0.05 to 0.01111111!!!!!!! how to nap these shorts? it will come. wait.
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Rosesyrup Master	10-Nov-2013 18:04        Rosesyrup About Contact  Quote this Post!   Yells: "Get your own opinion, don't follow blindly."
x 0   x 0  Alert Admin	I don't think the problem now is low or high revenue, or even profitability. Otherwise LionGold would have fliped a few times after its latest earning report. Market now feared about regulators findings, if any, more than anything. Lets hope everything is fine. singa9999      ( Date: 10-Nov-2013 17:55) Posted: http://www.asiaminer.com/magazine/current-news/news-archive/163-october-2013/5377-gold-liongold-ore-processing-agreement.html http://www.straitstimes.com/breaking-news/money/story/liongold-corp-signs-ore-processing-agreement-australian-firm-20130923 Does anyone know whether this deal was done amongst Australia listed A1 Consolidated Gold co & Lion OR on put hold/cancelled due to the share px saga ??  If done, it would be a giant step in boosting revenues over a 3-yr period !
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singa9999 Member	10-Nov-2013 17:55        singa9999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://www.asiaminer.com/magazine/current-news/news-archive/163-october-2013/5377-gold-liongold-ore-processing-agreement.html http://www.straitstimes.com/breaking-news/money/story/liongold-corp-signs-ore-processing-agreement-australian-firm-20130923 Does anyone know whether this deal was done amongst Australia listed A1 Consolidated Gold co & Lion OR on put hold/cancelled due to the share px saga ??  If done, it would be a giant step in boosting revenues over a 3-yr period !
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singa9999 Member	09-Nov-2013 18:14        singa9999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Was analysing the vols during the fall of the trio - in fact they fell spectacularly within 3days in Oct on rather low vols.....this gives me a feeling that some " group" may have just tried to manipulate/short the stocks with some particular  vested interests  ( yet to be unravelled ).  Typically we know when a stock falls with high vols, it is a deliberate sell-off by existing shareholders for some known reason !  In fact, reported in The Sydney Morning Herald in Oct ( enclosed), another Australian company, Linc Energy,  was contemplating delisting from ASX and relisting on SGX since on ASX it was undervalued ! http://www.smh.com.au/business/liongold-slump-hits-local-investors-20131006-2v295.html
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singa9999 Member	08-Nov-2013 22:58        singa9999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	last year they had similar profit warning on Nov6th (check SGX), followed by results on Nov 12th...pre-tax net loss, however, gross profit was over $10mio with 39% increase in turnover......stock px was above $1 and moved little. this yr shall be same pre-tax net loss(all this is due to acquisition-related growth costs which should ease over time), but expect gross profit and turnover to increase indicating company on right path......appreciate good corporate governance....at least not cooking books like many s-chips.....hopefully the investigation related to stock px collapse shall pass soon.  Also expect NAV to further increase with the recent high-quality gold find in Africa. An excerpt from an article I was reading : Delving deeper, Asiasons has a 26% stake in another SGX-listed company ISR Capital. Datuk Md Wira Dani Daim (son of former finance minister Tun Daim Zainuddin) also owns close to 18% in ISR. Wira Dani also owns 6.35% in LionGold. The explanation: Lim and Azlan had initially invested in ISR, which had a financial advisory license. They later formed Asiasons and decided to whittle down their stake in ISR and the buyer of that stake was Wira Daim, who incidentally also invested in LionGold. ?It is more an instance of common shareholders and what?s wrong with that?? quips Lim, adding ?We have no involvement in either Blumont or LionGold except for the investments we hold?. The acquisitive strategy of significant mining assets aboard by LionGold and Blumont have attracted the attention of big name investors. For example, New York-based asset manager Van Eck Associates owns about 6% of LionGold while Australia-based Macquarie Group has another 4.78% of the company. Blackrock and Invesco hold 0.57% and 0.56% respectively of Asiasons while Vanguard Group and Van Eck hold 0.27% and 0.15% of Blumont, Bloomberg reported. All these funds are sitting on significant paper losses, the Bloomberg report stated. In August, LionGold had been included in the MSCI Small Cap Index while Asiasons is on the FTSE ST Small Cap Index. Aside from Molyneux, Blumont has a joint venture with Ines Scotland, said to be one of Australia?s most successful mining executives in the copper sector. The JV called Blumont Copper, seeks to identify investment opportunities in that sector. LionGold had in fact emerged as some sort of poster boy for the SGX. In a presentation about listing on the SGX dated May this year, LionGold was highlighted as a notable company in SGX?s ?minerals cluster?, enjoying a high turnover velocity, a successful trail of acquisitions and rise in market values.
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maixisuahlai Member	08-Nov-2013 20:58        maixisuahlai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Gou hiong!!! I like!!! terencee      ( Date: 08-Nov-2013 20:36) Posted: Not plain bullish or what. But someone might be making use of this chance to buy into liongold.    Solid gold is in demand worldwide. Not paper gold which banks issued. There is also limited supply how much this world has left. Precious metal price can only go up. No way to go down at all even in times of economic crisis.   Selling maybe yes. But it will rebound upwards after a while. Time to collect a little bit more. Might plan to add 100 lots if it breaks 20c. LOL.. See how low they can go. If close to 10c, I can whack 200 lots already.  Jackpot2010      ( Date: 08-Nov-2013 20:17) Posted: Profit warning + Deleted from MSCI Smallcap Index = Strong selling on Monday (11 Nov).
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singa9999 Member	08-Nov-2013 20:37        singa9999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	not palatable !  Same story as last year sept qtr results !! They rather dissolve the company and pay NAV value to shareholders !!!
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terencee Master	08-Nov-2013 20:36        terencee About Contact  Quote this Post! Style: Flexible   Mood: Yells: "I don't entertain trolls."
x 0   x 0  Alert Admin	Not plain bullish or what. But someone might be making use of this chance to buy into liongold.    Solid gold is in demand worldwide. Not paper gold which banks issued. There is also limited supply how much this world has left. Precious metal price can only go up. No way to go down at all even in times of economic crisis.   Selling maybe yes. But it will rebound upwards after a while. Time to collect a little bit more. Might plan to add 100 lots if it breaks 20c. LOL.. See how low they can go. If close to 10c, I can whack 200 lots already.  Jackpot2010      ( Date: 08-Nov-2013 20:17) Posted: Profit warning + Deleted from MSCI Smallcap Index = Strong selling on Monday (11 Nov).
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Jackpot2010 Master	08-Nov-2013 20:17        Jackpot2010 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Profit warning + Deleted from MSCI Smallcap Index = Strong selling on Monday (11 Nov).
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Peter_Pan Supreme	08-Nov-2013 19:56        Peter_Pan About Contact  Quote this Post! Style: Flexible   Mood: Yells: "kopi-o siu dai mai hum!"
x 0   x 0  Alert Admin	PROFIT WARNING IN RELATION TO THE FINANCIAL RESULTS FOR THE HALF YEAR ENDED 30 SEPTEMBER 2013 http://infopub.sgx.com/FileOpen/LGC_ProfitWarningHalfYearFY2014_08112013.ashx?App=Announcement&FileID=263432
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Jackpot2010 Master	08-Nov-2013 19:02        Jackpot2010 About Contact  Quote this Post!
x 0   x 0  Alert Admin	MSCI Smallcap Indice Changes: MSCI SINGAPORE INDEX    Additions          ASIAN PAY TELEVISION    GSH CORP    INTERNATIONAL HEALTHWAY    KRISENERGY    MAPLETREE GREATER CHINA    OUE HOSPITALITY TRUST    REX INTERNATIONAL HLDG    ROWSLEY    SINGHAIYI GROUP    SOILBUILD BUSINESS REIT    SPH REIT    UNITED ENVIROTECH    YHM GROUP    Deletion    AMTEK ENGINEERING    ASIASONS CAPITAL    INNOPAC HOLDINGS    LIONGOLD CORP
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danytan Master	07-Nov-2013 13:54        danytan About Contact  Quote this Post!   Mood: Yells: "Up up and away!"
x 0   x 0  Alert Admin	its ok, bad thurs for most. Rosesyrup      ( Date: 07-Nov-2013 12:37) Posted: NVM...my bad, I see your question now, my bad. The forum I mentioned, refers to the upcoming SIAS forum where they should be announcing their investigation finding into the trio. danytan      ( Date: 07-Nov-2013 12:35) Posted: O
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singa9999 Member	07-Nov-2013 13:41        singa9999 About Contact  Quote this Post!
x 0   x 1  Alert Admin	Agree with Rosesyrup, discussion only.  Of the 3, I prefer Lion since it is the only one trading below its current NAV of 0.255 ( as reported in many analyst statements/blogs). In the event the company is asked to delist, although unlikely, NAV value is the minimum it MUST give to the existing shareholders, not ZERO.  And with the upcoming qtr results on Nov 14th (same date was last year), wherein they may report good profit (taking cue from their record gold production & stellar CNMC results out yesterday), their NAV may actually rise and also rise further with higher gold prices expected by year end. Some analysts blog state that just doing nothing but just selling their gold assets, they may easily fetch around 0.30cents/share.  Further their enterprise value per ounce of gold is below 20, way too low for any sized gold compnay in the world currently.....hence I speculate that they maybe prime take-over target for their very well-diversified gold assets, not to mention the recent fantastic find in Africa !  Terencee, I would not panic therefore !  Day traders shall continue to create turmoils but I remain unfazed.  Good Luck ! Singa9999. Rosesyrup      ( Date: 07-Nov-2013 13:09) Posted: Discussion only, not posting it as " news" . Your following statement is a false dichotomy. " Unless you all blindly follow people's calls, otherwise, why should you all be worried when the company have fundamentals ?  " Fundamental is not the only thing that is  required for a company to keep operating. Legaliy matters too plus not sure what they will find too.     terencee      ( Date: 07-Nov-2013 13:04) Posted: Some times I wonder why you guys enjoy scaring yourselves ? Haha.. Dont make me panic also leh..    You guys like to keep posting stuffs which are not recent also. Unless you all blindly follow people's calls, otherwise, why should you all be worried when the company have fundamentals ?
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Rosesyrup Master	07-Nov-2013 13:09        Rosesyrup About Contact  Quote this Post!   Yells: "Get your own opinion, don't follow blindly."
x 0   x 0  Alert Admin	Discussion only, not posting it as " news" . Your following statement is a false dichotomy. " Unless you all blindly follow people's calls, otherwise, why should you all be worried when the company have fundamentals ?  " Fundamental is not the only thing that is  required for a company to keep operating. Legaliy matters too plus not sure what they will find too.     terencee      ( Date: 07-Nov-2013 13:04) Posted: Some times I wonder why you guys enjoy scaring yourselves ? Haha.. Dont make me panic also leh..    You guys like to keep posting stuffs which are not recent also. Unless you all blindly follow people's calls, otherwise, why should you all be worried when the company have fundamentals ?
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terencee Master	07-Nov-2013 13:04        terencee About Contact  Quote this Post! Style: Flexible   Mood: Yells: "I don't entertain trolls."
x 0   x 0  Alert Admin	Some times I wonder why you guys enjoy scaring yourselves ? Haha.. Dont make me panic also leh..    You guys like to keep posting stuffs which are not recent also. Unless you all blindly follow people's calls, otherwise, why should you all be worried when the company have fundamentals ?
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Rosesyrup Master	07-Nov-2013 13:02        Rosesyrup About Contact  Quote this Post!   Yells: "Get your own opinion, don't follow blindly."
x 0   x 0  Alert Admin	Thanks for pointing that out. Seems like I got my date wrong. They might announce it. singa9999      ( Date: 07-Nov-2013 12:53) Posted: SIAS forum is on Nov 14th ( next thursday)  at MND auditorium and it is to discuss the rights of shareholders in the 3 affected stocks......nothing about investigation findings etc.  Pl refer to SIAS weblink to know the facts right ! Rosesyrup      ( Date: 07-Nov-2013 12:48) Posted: My take is be the rise averse. If investigation result is not too harmful to price, Monday will rocket up. The most you buy 10-20% higher. But as Singa999 said, this counter is way undervalued. So it shouldn't really matter. If investigation result is real bad, this counter might get delisted, loss = 100% Buy on Friday or now, upside = 20% while downside = 100%. Just my take, you decide for yourself
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singa9999 Member	07-Nov-2013 12:53        singa9999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIAS forum is on Nov 14th ( next thursday)  at MND auditorium and it is to discuss the rights of shareholders in the 3 affected stocks......nothing about investigation findings etc.  Pl refer to SIAS weblink to know the facts right ! Rosesyrup      ( Date: 07-Nov-2013 12:48) Posted: My take is be the rise averse. If investigation result is not too harmful to price, Monday will rocket up. The most you buy 10-20% higher. But as Singa999 said, this counter is way undervalued. So it shouldn't really matter. If investigation result is real bad, this counter might get delisted, loss = 100% Buy on Friday or now, upside = 20% while downside = 100%. Just my take, you decide for yourself. XwiCkedX      ( Date: 07-Nov-2013 12:39) Posted: Damn...hard to decide which one to be :
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