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Latest Posts By ozone2002 - Supreme      About ozone2002
First   < Newer   5841-5860 of 7452   Older>   Last  

14-Jul-2009 21:35 Citic Envirotech   /   United Envirotech       Go to Message
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Utdenviro broke out from its pennant pattern today..

technicals pointing to further upside..

Looking to break 13c.. :)

DYODD
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14-Jul-2009 21:11 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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STI surged on low vol <1bil also..have to be cautious..

my money is on the markets to have a correction...



ozone2002      ( Date: 14-Jul-2009 10:54) Posted:

Dow surged on low vol..i'll be cautious in going long now..despite all the "good news"

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14-Jul-2009 20:57 Neptune Orient L Rg   /   NOL       Go to Message
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i'm out at 1.4.. my stop loss got hit..

made abt 10c.. not too bad.. :)
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14-Jul-2009 10:54 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Dow surged on low vol..i'll be cautious in going long now..despite all the "good news"
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13-Jul-2009 22:42 Neptune Orient L Rg   /   NOL       Go to Message
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finally broke the support of 1.4.. after ding dong-ing here n there to 1.45

further downside but remember to put ur stop loss ard 1.4 cos that's the resistance level now..
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13-Jul-2009 15:28 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Han Seng 3% down..

ozone2002      ( Date: 13-Jul-2009 10:28) Posted:

did i just see Han Seng fall 2%?

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13-Jul-2009 10:40 Yanlord Land   /   Lord of China Prop       Go to Message
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turned south..

BBs are suppressin the counter after buffin up the stock..
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13-Jul-2009 10:28 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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did i just see Han Seng fall 2%?
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10-Jul-2009 13:20 Rotary Engg   /   Rotary       Go to Message
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opened high .78.. now hovering ard .765..don't look so promising..

likely following the mantra of buy on rumor sell on news
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10-Jul-2009 11:03 DBS   /   DBS       Go to Message
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UPDATE 1-Customers sue Singapore's DBS over investment loss

Sued over Lehman-linked High Notes 5

* DBS says claim has no merit, will contest

* Shares ignore news of suit, up 0.4 pct

* DBS sold over S$100 mln of High Notes 5 - MAS (Adds context, DBS share price)

SINGAPORE, July 10 (Reuters) - More than 200 customershave sued Singapore's DBS Bank in a bid to recover investment losses arising from the collapse of U.S. investment bank Lehman Brothers (LEHMQ.PK).

Siraj Omar, a director at Premier Law, told Reuters on Friday his firm had filed a claim on behalf of 204 investors in a Singapore court. He declined to discuss the case or reveal the size of the claim, which according to the Straits Times newspaper was around S$17 million ($11.6 million).

The investors had purchased a callable basket of credit-linked notes, called High Notes 5, from DBS Bank, a unit of DBS Group (DBSM.SI), Omar said.

A DBS spokeswoman confirmed receipt of the claim. She said the suit was without merit and that DBS planned to contest the suit, which is the first involving the bank's High Notes 5 product.

News of the lawsuit had almost no impact on shares of DBS Group, which were up 0.4 percent on Friday morning at S$11.58 in a generally flat stock market.

Financial institutions around the world have been hit by complaints and lawsuits arising from the sale of interest-bearing structured products linked to Lehman that paid higher interest rates than regular savings deposits.

For example, a class action suit was launched in November against UBS (UBSN.VX) in the United States that alleged the Swiss bank had sold Lehman-linked notes as suitable for investors seeking to protect their principal investment. [ID:nL7171660]

News of the suit against DBS comes three days after Singapore's central bank banned DBS and nine other firms from selling structured notes, citing various issues, such as their failure to adequately train the staff who sold such products. [ID:nSIN397515]

According to a report released by the Monetary Authority of Singapore (MAS), DBS which received the shortest ban of six months, had sold over S$100 million worth of High Notes 5 to 1,083 investors that became worthless after Lehman's collapse.

The bank has to-date paid about S$7.6 million in compensation, the central bank's report said.

MAS said the failings identified in its investigations "do not automatically mean that the financial institutions are liable to individual investors." ($1=1.4585 Singapore Dollar) (Reporting by Kevin Lim; Editing by Muralikumar Anantharaman)
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10-Jul-2009 10:45 RafflesEdu   /   Raffles Edu       Go to Message
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sudden price surge..
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10-Jul-2009 09:28 Rotary Engg   /   Rotary       Go to Message
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tat's what i did :)

ozone2002      ( Date: 09-Jul-2009 15:46) Posted:

looking good today..care for a scalp?

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10-Jul-2009 08:50 Genting Sing   /   GenSp starts to move up again       Go to Message
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vol lookin good for this counter..

technicals lookin gd for an entry..
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09-Jul-2009 16:27 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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tonite's jobless claims will bring STI to reality
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09-Jul-2009 16:12 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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good to short for those who are risk takers..

who risk wins! :)
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09-Jul-2009 15:58 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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vol is really bad on the rise of STI..

rise don't look sustainable..
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09-Jul-2009 15:46 Rotary Engg   /   Rotary       Go to Message
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looking good today..care for a scalp?
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09-Jul-2009 15:44 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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capital land also joinin in the party..
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09-Jul-2009 15:36 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Singtel kenna pushed up.. hence STI goin up
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09-Jul-2009 10:21 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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STI up 1%? something not right here
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