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BULLISH REPORTS ON ANCHOR GOLD s EXPLORATION
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Stocksguru
Master |
13-Apr-2021 09:28
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Lucky in during opening and out at 0.033, good luck everyone
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papayaface
Supreme |
13-Apr-2021 09:22
Yells: "This is the best time to enter....when everythings uncertain" |
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Omg. Good luck
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Stocksguru
Master |
13-Apr-2021 09:19
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Run !!!!
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SgYuan
Supreme |
13-Apr-2021 08:32
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main ew w5 tgt 30 px hit 32 if day conversion 27 dont breakdown got chance to move up the fib 
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SgYuan
Supreme |
13-Apr-2021 08:22
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w5 tgt 27 px hit 32 
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ahmah00
Senior |
12-Apr-2021 22:07
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Yippee! The train is moving. I bought and kept this since last year coz I tot gold/mining will shoot up in covid times. In the end this stock no up no down for a long time until I almost forgot I got this scrip. Now switch business and things looks much better now! Heng nv sell, still hv 1.39mil shares in my cdp. Go go go! | ||||
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Contratrader
Elite |
12-Apr-2021 17:30
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Last wk when news announced , the stock hardly moved..but I saw strong accumulation ,,and I told myself this concept v sexy le,.. cannot be no one interested ..then this morning most pennies chui ..this stock accumulated at 25 at high volume..wow this is beautiful le
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superstartup
Supreme |
12-Apr-2021 17:23
Yells: "Enjoy doing Fundamental Research" |
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Last week, ought to follow you closely bro. Wasted. . . shall wait and see next opportunity.
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Contratrader
Elite |
12-Apr-2021 16:20
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Exactly , this is the beginning so only 3c...if everything in place already , I think mb already 7c to 10c stock market is forward looking not backward looking... Anyway....Yes ...all must buy at your own risk...believe then buy . dont believe better dont touch....Dyodd..
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SmallSmall
Supreme |
12-Apr-2021 16:12
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The Proposed Diversification and the Proposed New Business Subject to the approval of Shareholders for the Proposed Diversification being obtained at the EGM, the Company intends to diversify the Group' s core business to include the Proposed New Business, which includes, inter alia, the following activities within the FinTech industry: (a) the provision of custodian services for digital assets (&ldquo Custodian Business&rdquo ) and (b) the provision of advisory, consultancy and/or management services related to FinTech regulation and licencing as well as adoption of FinTech strategies and technology (" Consultancy Business" ), (collectively, the " Proposed New Business" ). Prior to making any investments in respect of the Proposed New Business, the management of the Company will consider the Group&rsquo s investment objectives, strategic approach, performance benchmarks, investment restrictions, investment horizon and guidelines, and evaluate each potential investment with due diligence and based on the consideration of factors such as (i) projected rate of return (ii) the projected investment capital involved (iii) the underlying business and/or assets of the investment (iv) estimated return on investment (v) assessment of risk factors associated with the specific potential investment (vi) the borrowing costs involved (where applicable) and (vii) prevailing local and general market conditions. Potential investments will also be subject to compliance with Chapter 10 of the Catalist Rules as described in Section 2.12 of this Circular. Please refer to Section 2.12 of this Circular for further information on the application of Chapter 10 of the Catalist Rules following the Proposed Diversification. The Company intends to setup a panel of advisers to advise the Company on any investment opportunities in the FinTech industry that may arise from time to time in relation to the Proposed Diversification. Appropriate operating policies will be put in place to govern the investment and LETTER TO SHAREHOLDERS 8 divestment activities for the management to comply. These policies will be reviewed and approved by the audit committee of the Board (" Audit Committee" ). As at the Latest Practicable Date, the Audit Committee comprises Mr. Gavin Mark McIntyre (Chairman of the Audit Committee), Ms Lee Kim Lian, Juliana, and Mr. Chua Ser Miang. 2.4. Overview of the Proposed New Business The Proposed New Business will involve the provision of specialised products and services for the FinTech business sector. Briefly, the FinTech business sector is generally composed of companies which utilise new technology and innovation in order to compete in the marketplace of traditional financial institutions and intermediaries in the delivery of financial systems. The provision of FinTech usually entails the automation of finance via online platforms and covers areas such as insurance, trading, financing (for example, crowdfunding, micro-loans and credit facilities), money transfers, payments, custodian and investments (for example, equity crowd funding and peer-to-peer lending) via the use of blockchain technology and infrastructure. Gartner, Inc, a global research and advisory firm providing information and advice on, amongst others, finance and internet technology, defines blockchain (or a distributed ledger) as an expanding list of cryptographically signed, irrevocable transactional records shared by all participants in a network (in a peer-to-peer fashion). Each record contains a time stamp and reference links to previous transactions. With this information, anyone with access rights can trace back a transactional event, at any point in its history, belonging to any participant. Blockchain technology is versatile and industry agnostic. Therefore, its application is wide and extensive. According to Deloitte&rsquo s 2019 Global Blockchain Survey1 , blockchain is going through a path of diffusion across industries far beyond its initial FinTech application. More sectors such as media, telecommunications, life sciences, health care and government are expanding and diversifying their blockchain initiatives. Deloitte opined that blockchain is here to stay and 2020 is the start of her decade. The Proposed Diversification into the FinTech industry is a recognition on the part of the Company that technology in the financial industry and blockchain have entered into an era of accelerated growth, both on a domestic and international scale, and the Board is of the view that such Proposed Diversification into the Proposed New Business will help the business of the Company scale and grow, maximising Shareholder value. An overview of the different business segments under the Proposed New Business that the Company intends to venture into is as set out below. (a) Custodian Business The maiden new business within the Fintech business sector that the Company intends to develop is the provision of custodian services for digital assets. Broadly speaking, digital assets are digital representations of value, made possible by advances in cryptography and distributed ledger technology. They are denominated in their own units of account and can be transferred from peer-to-peer without an intermediary. While there is no universally accepted definition of digital assets, there are generally five distinct categories of digital assets: (i) Security tokens: These are tokens of special characteristics that are similar to traditional instruments like shares, debentures, or units in a collective investment scheme. (ii) Utility tokens: Utility tokens are digital tokens that seek to provide value to investors by giving them access to a future product or service. Investors may then use such tokens at some future time, to obtain access to the issuers' products or services. 1 This information was extracted from the report entitled " Deloitte' s 2019 Global Blockchain Survey &ndash Blockchain gets down to business" published by Deloitte Insights. (https://www2.deloitte.com/content/dam/Deloitte/se/Documents/risk/DI_2019-global-blockchain-survey.pdf) LETTER TO SHAREHOLDERS 9 (iii) Cryptocurrencies: Crytocurrencies are the most common type of digital asset, using cryptography for security, and are designed to work as a medium of exchange. (iv) Stablecoins: Stablecoins are digital assets that attempt to stabilize volatility by pegging themselves to a stable asset such as the US Dollar or gold. (v) E-Money tokens: These are tokens that are designed to function as a form of electronic money that represents a claim on the issuer, are issued on receipt of funds for the purpose of making payment transactions and are accepted by a person other than the issuer. A custodian is a financial institution that holds customers&rsquo securities for safekeeping and administration. The primary role and responsibility of a custodian in the FinTech business sector is the safekeeping of a customer' s digital assets. This is achieved through safe key management, which allows the assets to be cryptographically secured. However, unlike for traditional assets, an entity has custody of a digital asset simply by holding the private key on behalf of the asset holder, ensuring that it cannot be accessed by third parties. A private key is essentially a randomly generated binary number that is used to encrypt and decrypt information and is only made available to the originator of the encrypted content. Subsequently, this private key is all that is required to confirm a transaction. This is in contrast with public keys, which are essentially a long numeric code that is cryptographically derived from a specific private key. The public key is available to the general public and is available in an online directory. The public key must be paired with the correct, corresponding private key for a transaction to be executed. Custodians safeguard digital assets by ensuring that customers' private keys are maintained securely. Generally, this is achieved by either storing the assets online, a method called hot storage, or offline, known as cold storage, or through a multiple approval approach, known as multi-signature and smart contract wallets. In exchange for the provision of such custody services, custodians normally charge investors custody fees for the safeguard of the investors' digital assets. Such fees may be charged on an annual basis or on a monthly basis
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colincheong
Senior |
12-Apr-2021 16:09
Yells: "Huat Ah...." |
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Sorry, typo error Can' t |
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Stocksguru
Master |
12-Apr-2021 16:08
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Can or cant understand? QOUTE: Can understand why the push.
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colincheong
Senior |
12-Apr-2021 16:06
Yells: "Huat Ah...." |
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Can understand why the push. No workers to extract granite. No viable business to generate profit at the moment. Yet, chiong up to 3 cts. Buy at own risk |
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SmallSmall
Supreme |
12-Apr-2021 16:01
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$0.03 here we come :) | ||||
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Contratrader
Elite |
12-Apr-2021 15:43
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Yes , wait for pullback if possible.. Hopefully this baby really got legs....
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superstartup
Supreme |
12-Apr-2021 15:38
Yells: "Enjoy doing Fundamental Research" |
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Last week wanna buy at 24. Been cheapo. Die die don' t want take 25. Hahahhha. Nvm. I observe again. Once again, congratulations bro.
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Contratrader
Elite |
12-Apr-2021 15:34
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Thanks bro, did u buy ? Bought some after last wk ' s new business' announcements.. This stock slow and steady since 1c...last wk announced new direction...sexy le. .if Oceanus can run from 1c to 7c..this stock also possible....let ' s see how far it can go...
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superstartup
Supreme |
12-Apr-2021 15:26
Yells: "Enjoy doing Fundamental Research" |
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Congratulations, bro. Huat ah.
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SmallSmall
Supreme |
12-Apr-2021 15:23
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Lai liao. Chiong | ||||
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Contratrader
Elite |
12-Apr-2021 14:45
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Bro...this baby just beginning..if can execute properly ,,can be stock of the year...good concept play to tag the cypto wave..
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