| Latest Forum Topics / Figtree Last:0.035 -- |
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Figtree
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RoundRound
Elite |
26-May-2014 09:54
Yells: "Tikam Tikam can also" |
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Yes, like going to chiong after last week's bruising fall. Hold tight for ACTION
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edwinjup
Supreme |
26-May-2014 09:54
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I drink kopi because i am very sian that ceo never open his golden mouth....but i q at 21 to buy back...maybe will hold if got it..
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halleluyah
Supreme |
26-May-2014 09:51
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Seems like going to run tdy if i' m nt wrong... |
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edwinjup
Supreme |
26-May-2014 09:04
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Drink kopi liao......change my tikam.target.to.kop...king.of property..hee | ||||
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hem2998
Veteran |
26-May-2014 07:37
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http://www.btinvest.com.sg/markets/news/69923.html?source=si_news
Based on its stake, vibrant has made multiples in its investment
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stockpicker
Master |
26-May-2014 07:25
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Sori.. Vingroup was not by Freightlink.  Only Freightlink is now called Vibrant Group.  Somehow confused with Vingroup |
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stockpicker
Master |
25-May-2014 17:23
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Getting some more info on FigTree.   It used to be an associate company of Freightlink responsible for the construction of the various warehouses.   Freightlink used to have its warehouses built by a Statutory linked company who used to provide design and build offers having an in-house building design team in the Statutory Board and then sub-contracted out the building work to its smaller contractors.   That Statutory linked company has very little assets as well as debts as it was set up as an experiment to try out how Statutory Board could diversify its role.  Not quite sure if   FigTree is &ldquo copying&rdquo   the same company model but this may be how Freightlink was the major shareholder.   While there is nothing wrong with such a company structure were it clients become the major owner of the listed company.  This sort of company will always has a tendency to &ldquo cling&rdquo onto its &ldquo mother&rdquo until it can set its foot to compete with its larger brothers like Chip Eng Seng.  Somehow,  one may not be able to look at FigTree at the moment without looking at Freightlink   as this is where FigTree will get most of its building contracts.   One question will be   what if   Freightlink&hellip ? Freightlink is now busy setting up a new company called VinGroup in Vietnam.   |
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Blanchard
Master |
25-May-2014 14:31
Yells: "Winners cry..... Losers smile....." |
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Barren Figtree  vs one with fruits..... |
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edwinjup
Supreme |
25-May-2014 13:04
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Ok. Thanks.. i just tikam only
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edwinjup
Supreme |
25-May-2014 08:25
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Look like bbs control counter..that why so many pump and dump since listed....trade with care...
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stockpicker
Master |
25-May-2014 07:34
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Try this link, if not have to copy and paste https://sg.finance.yahoo.com/news/figtree-holdings-ltd-management-reply-080000759.html
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stockpicker
Master |
25-May-2014 07:28
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Someone posted this gluesome picture in this forum before and asked to short this counter.. but how many paid attention? https://sg.finance.yahoo.com/news/figtree-holdings-ltd-management-reply-080000759.html The intertwines was so complex that even the management did not answered all the 10 questions.  Among the questions, there were the conflict of interests between FigTree and Frieghtlink who was its client,  then   three out of its six directors have been questioned by the Commercial Affairs Department (CAD) in two separate matters. Just hope someone who are familiar with the gluesome story can shed some lights as to what happened afterwards and why stock prices rose so very high  and how come a relative unknown construction company with B2 BCA grade can come out all of a sudden and became a rising star performer in SGX and then, what happened recently.   |
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stockpicker
Master |
25-May-2014 00:49
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You are right. They might not be SSH by name but  under the institution' s name if the total holding of margins is more than 5% by a single entity..  once,  they call up the margins.. many will kena but this is not as bad as Blumount,  Lion and Asiason in terms of volume.
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stockpicker
Master |
25-May-2014 00:38
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Some speculated that it is just 6-month moratorium period sale.  But why the sale is so kan cheong  like panic until it cuts 50% of the price.  The drastic price cutting is telling  that this might not be the case.  More like margins selling   at work. |
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edwinjup
Supreme |
24-May-2014 23:24
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Think if they use.margin to.buy...share will.not register.under their.name...cimb non.marginable also...uobky think.cap.at 30k only...mainly due.to.it catalist status...
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stockpicker
Master |
24-May-2014 23:16
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Not intended to scare  but the worst could happen is some SSHs were  buying using  margins like someone in Blumount,  Lion and Asiason.    The SSHs might not be worried but their Banks and brokers are NOT   especially when markets are almost at its top.. and there is no disclosure required for using margins.    So,      it is not all that wise to catch any " falling knife" even if one has made piles before catching plenty of " falling knives" . |
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stockpicker
Master |
24-May-2014 22:48
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The SSH knew that their holdings will be used for shortings but they might not be aware that it will do so much damage as FigTree  is a company with sound management and good earnings.  They could  do nothing  now to reverse until the holdings are returned.  They might be also some who just nake short and also some SSH selling.  We should know by next week when SGX makes some  announcements.   
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stockpicker
Master |
24-May-2014 22:39
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This will depend on the contracts between CDP with the lenders and the borrowers.  Lenders cannot recall  but they can sell. CDP will find somewhere to fill up.. so not much effect until the borrowing period ended  and not extended.
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Novice13
Veteran |
24-May-2014 22:13
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I think now probably depends on coming market conditions and whether these short sellers willing to reverse their short sell position to buying up position. If they not going to give up any sooner, soon can see it reaches 22cts or even lower level. Since 22cts is its ipo price, I think that should be a strong support level. | ||||
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edwinjup
Supreme |
24-May-2014 21:40
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Sgx is largest share.lending company in singapore....lol... share price at 44c is over value but at current price 23c...the share look at value even directors start buying ....
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