| Latest Forum Topics / Adventus Last:0.003 -- |
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Adventus
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doufei
Veteran |
10-Sep-2014 22:12
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Ok, understand now. Assets held for trade are usually quoted securities, ie listed shares. The rise in the quoted share price will be reflected as gain from asset held for trade in the PL. Ipco held innopac. When innopac' s share price rose from 8c to 20c, this is reflected as gain in the PL (14c x no. of shares held). Their asset value also increased. Adventus invested in some quoted shares recently, but it did not disclose what share. This makes us difficult to monitor the share price of the quoted investment.
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AddLuck
Veteran |
10-Sep-2014 19:02
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Illegal part is trading in their own shares or cornering other shares. Many companies invest their monies into securities,bank deposits and an array of other instruments with the intention to create more money from existing spare monies. If you look into an asset column of any report, the column mention as " investment held for trades, etc" is part of all the aforementioned......there are many more , even mentioned in the Profit and Loss statemnet and come in many names depending of the type of investments plus short term , long term, held to maturity etc,etc. One good suggestion is to read their report and check out investopedia dictionary for all the terms that you cannot understand......from there you will have a good understanding where they park their monies. One good example, after the blowout, you can see Innopac' s investment loses a whopping $ 60 mil overnight!!!.....go check out Blumont, Liongold or the Seven Cos or so, under investigation by CAD.
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doufei
Veteran |
10-Sep-2014 18:37
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Ok not sure how this works. I thought the trios way is illegal, thats why kena investigation and price plunge.
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AddLuck
Veteran |
10-Sep-2014 18:28
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This trading of securities is not illegal.....check out the quarterly report of most companies......they do that.
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doufei
Veteran |
10-Sep-2014 17:57
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They will not do anything illegal bah....
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yuyuyu
Senior |
10-Sep-2014 17:18
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Item 5 look is the truth
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Spivvy
Elite |
10-Sep-2014 13:58
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MAI LEH.....   |
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pippo0305
Senior |
10-Sep-2014 13:41
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Nice one. :)
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AddLuck
Veteran |
10-Sep-2014 13:34
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I continue item 5 from my last posting: .....5) CBC and MS threw in a total $20 mil.....and suddenly found out they do not know what to do.......and now try to profit like the trio and Innopac and few more had done before the big bang by investing in equities and the likes in the hope of building up cash assets and show the world their plentiful cash reserves and go on a takeover spree every few days like Blumont and LionGold before the big Bang( think they did twice already as reported in SGX disclosures)........and investors are taken for a ride......on the other hand if you know how to chow at $ 2.00......ho ho ho.....I retire.....
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Spivvy
Elite |
10-Sep-2014 13:10
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aiya thats not important la.. those ple trying to push prices down to collect cheap la... one way is to sell down lor, then they can collect back cheaply. Bad karma la.  
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seanpent
Supreme |
10-Sep-2014 13:08
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i meant " sell" q
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seanpent
Supreme |
10-Sep-2014 12:59
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very nice of you, bro ... btw, there' s one pippo mentioned he put so much see q at 2.9 (post today, 939am) ...
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cccx123
Elite |
10-Sep-2014 12:57
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I hardly trade anymore. Been selling all my stocks. Now only have one lot of many companies. But nothing substantial. So boring. Good fundamentals or not also cannot move... Big bosses all go across causeway liao. Will always fondly remember last September when stocks from A-Z flew up sky high. Prices then could double, even triple in days. Now, we are lucky to even see a 5% jump lol.
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Spivvy
Elite |
10-Sep-2014 12:54
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once in a while, i still send him a postcard. 
 
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Spivvy
Elite |
10-Sep-2014 12:52
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u are already lucky if u dont lose $ ....  
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seanpent
Supreme |
10-Sep-2014 12:51
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ya hor ... haven' t hear from luckyguy for so very long liao ...
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cccx123
Elite |
10-Sep-2014 12:48
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Market damn boring. Looks at the Malaysian bourse now. All the penny stocks flying sky high. Stupid sgx and MAS drove all the trading bosses over there at the expense of themselves and us. How fking smart. Nowadays market long or short also cannot earn. Basket... | ||||
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Spivvy
Elite |
10-Sep-2014 12:44
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yea bro, those are the ple who drove genuine investors like luckyguy out from the forums....  
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seanpent
Supreme |
10-Sep-2014 12:19
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thought saw in sg talk,  majority not buying, preparing  bullets and  are waiting for shortists to help bring it to  2 cts then collect  ?
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Spivvy
Elite |
10-Sep-2014 12:08
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  dont like that say leh, im starting to get insomnia for the past 2 days liao    
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