Uni-Asia
More than 30 retail investors went down to the Sin
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doomed to be a penny stock.
Fated.
i think that its not just due to restriction curb...there could be more something bad brewing...it's a finance company, right?...
less than 10 days, from all time high 2.79 to 1.04 , that's 63% drop in just 10 days, wow... i hope no one kena trapped at 2 level..
Just one restrictions and the price dip tremendously in few days. I think better cut loss to the minimun. Not a good idea to hold on to it. :-(
Woww...one can never know IPCO is that speculative @(each) stocks is....thk Qs for sharing such info, now worth oni 2% of 100% of $4/-
reminded me of IPCO... shot to $4++ 7 years ago...
now? 8c...lelong lelong!!! Do you want to be one of those holding to these babies???
Of course dump Uni-asia now while it is still worth more than a dollar!!!
Depends on which side of the fence you are looking from......
Uni-Asia down by -20.8%. IPO at 0.55ct, a healthly profit of 129.09%
Uni-Asia Last:1.26 Vol:17,155k 
-0.33
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Try asking ur Remiser or broker 1st thing in early morning B4 trading start.
Let go of those share still in holding position. just a word of advise, still it is very personal decision U have to decide for ur-self.
Anything can happen on Monday
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my advise, dun touch this stock now!
Still remmeber about Mid-Continetal a few yrs back. Uni-Asia will follow the same the same followstep and died utimately. So come Mon, short as much as you can!
Serve them right
!!!!. A fair number of the 30 retail investors are CONTRA TRADERS, according to ST report. They act in cahoots to ramp up the share . They got "played out" by the masses and the broking houses by totally disregarding the fundamentals of Uni-Asia. If it could be priced @$2.50, why must the company priced @ 50cts. Do they think Uni-Asia BOD are "idiots"? Why didn't they complain when they were making $$$$ in the past ramping up Uni-Asia or other shares by rotation?. What has happened to their ill-gotten $$$$?
The fact remains that there is just NOT enough $$$ in the share market to support the many many shares on SGX. Without those "devils" acting in cahoots every day (may be in the same room) how are shares with really high PE going to keep on going up????
Try asking ur Remiser or broker 1st thing in early morning B4 trading start.
Let go of those share still in holding position.
just a word of advise, still it is very personal decision U have to decide for ur-self.
Anything can happen on Monday
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Interesting-ly in Uni-Asia saga....The shit has been throw wide openly. Who is to be blame on who.....Greed is definately breeding breed, Since last Monday when securities house starting self imposed restriction.
In the 1st place, when everyone is very busy making $$$. There's a total disregard and interest " Bo Chup" and "Te Da Ah Pa', never care less attitude on the part of unsuspecting, speculating retailers. Who is to blame..........
So now...words from SIAS Chief.
Meanwhile, 'I would ask the retail investors to be calm and allow SGX to complete its investigations and SIAS to look into this matter further with the broking houses,' he said.
'If they need legal advice, SIAS will be more than happy to help them ... at the appropriate time.'
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Still holding to 10 lots. Things certainly do not look bright with DJ having a black day. Might be cutting loses at the fastest
I would rather think that they will stay away from this sudden price increased then get themself burn as no reasonable and seasonable remisers will want to be the 1st to get finger pointing at & get blame for highly recommendation such speculative stock in the 1st place. Stuffs working will do so like wise is not to be a speculator, rather be an invester and pay up, make some profit, take some and leave some for others.
Only those who is greedy and over come by greed will end up a bankrupt and ton of lessons is taught after many, many times without success.
Just for ur info...
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Reminded me of Uni-Asia happy to make alot $$$ those bot at a low. Those bot on a high & now crying, carry this baby by retailers, how to either cut lost or pay up...speculative in nature & now.....worst still..
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It has always been the case that those remisiers and staff working in the brokerage firms where there is an impending trading curb will laugh all the way to the bank as it enables them to short before the news is released.
Can the CPIB then charge these people for insider trading?
More than 30 retail investors went down to the Singapore Exchange today to lodge a complaint against stock brokerages that they felt had acted unfairly.
The story centres around Japanese linked finance company UniAsia Finance that has experienced high fluctuations in price since listing in August this year.
check it out here !
http://singaporestockmarket.blogspot.com/
