Others   

Financial Overhaul should come here

Hulumus,   24 hours non stop?   

No lar, not a good idea.!    Family broken up and divorces on the rise, couple with the 24 hours Casino operations and few times a week queuing at Singapore pools,   how many sperms do i have in my balls? 

 

Hulumas      ( Date: 22-Jul-2010 12:23) Posted: I suggest full time 24 hours continuing open from Monday up to Saturday will be optimizing utilization of time, place and market revenue share utilities to SGX. As such SGX will gain the most having global competitive advantages and also the most profitable stock exchange! By doing so indirectly as a massive job creation effective measure too! Laulan      ( Date: 22-Jul-2010 11:56) Posted: SGX watchlist system only drag the time and gives ample opportunity for those bad ceos to sell off their shares.  If a company cannot do what it promised to do (i.e. show profits) a quick winding and exit cash back would protect most investors. Fulltime trading and weekend trading is a good idea. I think it will help market confidence since shares can be more readily traded.

 

I suggest full time 24 hours continuing open from Monday up to Saturday will be optimizing utilization of time, place and market revenue share utilities to SGX. As such SGX will gain the most having global competitive advantages and also the most profitable stock exchange! By doing so indirectly as a massive job creation effective measure too!

Laulan      ( Date: 22-Jul-2010 11:56) Posted: SGX watchlist system only drag the time and gives ample opportunity for those bad ceos to sell off their shares.  If a company cannot do what it promised to do (i.e. show profits) a quick winding and exit cash back would protect most investors. Fulltime trading and weekend trading is a good idea. I think it will help market confidence since shares can be more readily traded. niuyear      ( Date: 22-Jul-2010 11:45) Posted: Or,  should restrict their trading hours ofr  these companies' stocks, e.g.  These companies can only be traded on Saturdays and Sundays or duirng weekdays' lunch time hours. 12 - 2pm

 

What about China EnvRes20k ? This one no single trade many days ?

Hulumas      ( Date: 22-Jul-2010 11:53) Posted: Lesson to learn :  In SGX avoid buying any counter with high good will value i.e. market price much more than its NAV. We must selective buy any good financial fundamental and business prospect with low or no good will even negative good will value counted/refflected in its market price! Unfortunately, those counters are very thinly or non traded and almost all in penny price level (<Sgd. 0.20 per share), to the large extent are not on the marginal trading lists of almost all brokerages neither on the any well known analyst lists shares to be recommended to trade/invest. Laulan      ( Date: 22-Jul-2010 11:28) Posted: Bobama's decision to revamp of the financial markets may be laudable. This is esp so in the winding down of failed large US corporations. In the Asian context we probably have some likely parralels of failing corps, though mainly smaller in size.  Really the bill should also cover small listed firms too. Look at all those silly companies listed in SGX.  Plenty of them fit the bill to be wound down if by US standards.  What has happened to those firms that continually lose money after listing? I believe it started off by those behind doing a good job of misleading supervisories into "abetting" in high PEs and then "poops" like magic they slowly went downhill until they get into the watchlists. The pitiful layman investors are usually the one conned as finally after all the dirty $$ got into the pockets through share sales, left the retail investors in the lurch, broke and unsuspecting. This looks like it has become the norm with so many new listings not doing what were expected, i.e. at least churning some profits to show their feasibility talked at the outset. By closing down failing ones at the first alarm, plenty of good will follow and innocent investors saved from clever stunts of modern man. Further it discourages fly-by-nights and unscrupulous corporate adventurers whose aims were to empty the pockets of the unwary instead of showing their business skills. The punishment for bad CEOs is the lost of their own money without a scapegoat in the public form. Thus this time I support Bobama, though was neutral before.  I am no pessimist, but I see it quite clearly.  Cheers.

 

SGX watchlist system only drag the time and gives ample opportunity for those bad ceos to sell off their shares.  If a company cannot do what it promised to do (i.e. show profits) a quick winding and exit cash back would protect most investors.

Fulltime trading and weekend trading is a good idea. I think it will help market confidence since shares can be more readily traded.

niuyear      ( Date: 22-Jul-2010 11:45) Posted: Or,  should restrict their trading hours ofr  these companies' stocks, e.g.  These companies can only be traded on Saturdays and Sundays or duirng weekdays' lunch time hours. 12 - 2pm

 

Lesson to learn :  In SGX avoid buying any counter with high good will value i.e. market price much more than its NAV. We must selective buy any good financial fundamental and business prospect with low or no good will even negative good will value counted/refflected in its market price! Unfortunately, those counters are very thinly or non traded and almost all in penny price level (<Sgd. 0.20 per share), to the large extent are not on the marginal trading lists of almost all brokerages neither on the any well known analyst lists shares to be recommended to trade/invest.

Laulan      ( Date: 22-Jul-2010 11:28) Posted: Bobama's decision to revamp of the financial markets may be laudable. This is esp so in the winding down of failed large US corporations. In the Asian context we probably have some likely parralels of failing corps, though mainly smaller in size.  Really the bill should also cover small listed firms too. Look at all those silly companies listed in SGX.  Plenty of them fit the bill to be wound down if by US standards.  What has happened to those firms that continually lose money after listing? I believe it started off by those behind doing a good job of misleading supervisories into "abetting" in high PEs and then "poops" like magic they slowly went downhill until they get into the watchlists. The pitiful layman investors are usually the one conned as finally after all the dirty $$ got into the pockets through share sales, left the retail investors in the lurch, broke and unsuspecting. This looks like it has become the norm with so many new listings not doing what were expected, i.e. at least churning some profits to show their feasibility talked at the outset. By closing down failing ones at the first alarm, plenty of good will follow and innocent investors saved from clever stunts of modern man. Further it discourages fly-by-nights and unscrupulous corporate adventurers whose aims were to empty the pockets of the unwary instead of showing their business skills. The punishment for bad CEOs is the lost of their own money without a scapegoat in the public form. Thus this time I support Bobama, though was neutral before.  I am no pessimist, but I see it quite clearly.  Cheers.

 

Winding down is better option because, then those public who bought the shares can get large portion of their money back.  See?

 

People will short them if named, hahaha.

 

Or,  should restrict their trading hours ofr  these companies' stocks, e.g. 

These companies can only be traded on Saturdays and Sundays or duirng weekdays' lunch time hours. 12 - 2pm

 

Bravo!! List this companies names down here , plse. 1)

 

Bobama's decision to revamp of the financial markets may be laudable. This is esp so in the winding down of failed large US corporations.

In the Asian context we probably have some likely parralels of failing corps, though mainly smaller in size.  Really the bill should also cover small listed firms too. Look at all those silly companies listed in SGX.  Plenty of them fit the bill to be wound down if by US standards. 

What has happened to those firms that continually lose money after listing? I believe it started off by those behind doing a good job of misleading supervisories into "abetting" in high PEs and then "poops" like magic they slowly went downhill until they get into the watchlists. The pitiful layman investors are usually the one conned as finally after all the dirty $$ got into the pockets through share sales, left the retail investors in the lurch, broke and unsuspecting. This looks like it has become the norm with so many new listings not doing what were expected, i.e. at least churning some profits to show their feasibility talked at the outset.

By closing down failing ones at the first alarm, plenty of good will follow and innocent investors saved from clever stunts of modern man. Further it discourages fly-by-nights and unscrupulous corporate adventurers whose aims were to empty the pockets of the unwary instead of showing their business skills. The punishment for bad CEOs is the lost of their own money without a scapegoat in the public form.

Thus this time I support Bobama, though was neutral before.  I am no pessimist, but I see it quite clearly.  Cheers.