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Latest Forum Topics / SMI Vantage    Last:0.003 --  Post Reply
BTC is above 29k today 20/10/2023
Johnsnow
Master
02-Sep-2024 08:11     
 
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 Alert Admin 		Gone case last. Closing 0.003 it may took donkey years to remove from suspension or disappear

Everyday      ( Date: 02-Sep-2024 08:08) Posted:


Request for Suspension

https://links.sgx.com/1.0.0/corporate-announcements/UVB7IA77F1EIJKJG/f16806139f19016306839b2f4269bbf732d853353c1152eadfcd15dfad609f4d
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Everyday
Elite
02-Sep-2024 08:08     
 
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 Alert Admin
Request for Suspension

https://links.sgx.com/1.0.0/corporate-announcements/UVB7IA77F1EIJKJG/f16806139f19016306839b2f4269bbf732d853353c1152eadfcd15dfad609f4d
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Spiking
Member
01-Sep-2024 05:29     
 
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 Alert Admin 		I think they have some, and were expanding their mining operations per the announcement in early August. Then there was the whisky deal, also a hot sector. SGX position strange given that apparently Whisky deal makes them profitable. Major shareholder invested a lot. Has to be a way to take companies like this to Catalist, but who knows with this exchange,
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joe1991
Senior
31-Aug-2024 21:42     
 
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 Alert Admin 		有 啦 ,cryptocurrency mining operation. That' s all I know haha
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eric998
Supreme
31-Aug-2024 15:09     
 
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 Alert Admin 		They got bitcoins? Didnt see any bitcoins in the financial reports.

joe1991      ( Date: 31-Aug-2024 13:28) Posted:

really sad...bitcoin was hot n this susp....last time lithium was hot n my Alita resource kena susp.. gold now  hot n  Wilton recource kena whack til no meat  left...coal company cant remember the name ..gone too...shorts rule the mkt here

Johnsnow      ( Date: 31-Aug-2024 13:09) Posted:

Now anyone want to sell also cannot official suspended on Sunday. Ah men
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joe1991
Senior
31-Aug-2024 13:28     
 
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 Alert Admin 		really sad...bitcoin was hot n this susp....last time lithium was hot n my Alita resource kena susp.. gold now  hot n  Wilton recource kena whack til no meat  left...coal company cant remember the name ..gone too...shorts rule the mkt here

Johnsnow      ( Date: 31-Aug-2024 13:09) Posted:

Now anyone want to sell also cannot official suspended on Sunday. Ah men
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Johnsnow
Master
31-Aug-2024 13:09     
 
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 Alert Admin 		Now anyone want to sell also cannot official suspended on Sunday. Ah men
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piscesmonkey
Supreme
30-Aug-2024 17:38     
 
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 Alert Admin 		Still got peoples buying. They suspen trading but company still around. Need wait for conpany turn around then maybe going resume trading again. Maybe take 2year?
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newbie1118
Veteran
30-Aug-2024 17:25     
 
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 Alert Admin 		Sad demise. 1 by 1 pennies bite the dust. Worst than crypto. 
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TraderBen
Supreme
30-Aug-2024 15:13     
 
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 Alert Admin 		started alrdy.. the last 2 hrs to sell.. if not prepare to see it in ur CDP suspended.. 

Stocky901      ( Date: 30-Aug-2024 15:07) Posted:

Very soon peoples will queue to sell 002... 😡

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huattuatua
Master
30-Aug-2024 15:13     
 
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 Alert Admin 		👍 👍 👍 😁

TraderBen      ( Date: 30-Aug-2024 14:26) Posted:

have ahh.. FJ benjamin and there is another one.. but that was before the delisting notice was called on.. so i reckon its too late also.. but kinda suay for the miniority investors also.. this company got not much debts also kena.. those with huge tons of debts still hanging around..

huattuatua      ( Date: 30-Aug-2024 14:16) Posted:

think sgx afraid of goin concern issues, and crypto mining is dam risky biz, later smi wanted to venture into whisky biz, but i reckon its too late liao.

is there any precedents for a mainboard listed firm downgraded to catalist just to avoid the suspension?

i really dunno sial
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Stocky901
Supreme
30-Aug-2024 15:07     
 
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 Alert Admin 		Very soon peoples will queue to sell 002... 😡
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TraderBen
Supreme
30-Aug-2024 14:45     
 
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 Alert Admin 		now everyone wanna que up 3 .. too late alrdy.. if want just sell at 2.. those holding small lots might as well dont sell.. see got miracle or not..
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TraderBen
Supreme
30-Aug-2024 14:26     
 
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 Alert Admin 		have ahh.. FJ benjamin and there is another one.. but that was before the delisting notice was called on.. so i reckon its too late also.. but kinda suay for the miniority investors also.. this company got not much debts also kena.. those with huge tons of debts still hanging around..

huattuatua      ( Date: 30-Aug-2024 14:16) Posted:

think sgx afraid of goin concern issues, and crypto mining is dam risky biz, later smi wanted to venture into whisky biz, but i reckon its too late liao.

is there any precedents for a mainboard listed firm downgraded to catalist just to avoid the suspension?

i really dunno sial.

TraderBen      ( Date: 30-Aug-2024 14:04) Posted:

i wonder why they dont wanan move to the 2nd board.. is there any circumstances that is stopping them from doing that
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huattuatua
Master
30-Aug-2024 14:16     
 
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 Alert Admin 		think sgx afraid of goin concern issues, and crypto mining is dam risky biz, later smi wanted to venture into whisky biz, but i reckon its too late liao.

is there any precedents for a mainboard listed firm downgraded to catalist just to avoid the suspension?

i really dunno sial.

TraderBen      ( Date: 30-Aug-2024 14:04) Posted:

i wonder why they dont wanan move to the 2nd board.. is there any circumstances that is stopping them from doing that?

huattuatua      ( Date: 30-Aug-2024 13:37) Posted:

but at least they are ethical enough to give notice that they are gonna suspend the shares hence giving ample opportunities for fed up shareholders to exit with massive loss,

better than suspend for donkey yrs den delist right,

nwonder, only such counters can meet sgx stringent  criteria, ha
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TraderBen
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30-Aug-2024 14:04     
 
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 Alert Admin 		i wonder why they dont wanan move to the 2nd board.. is there any circumstances that is stopping them from doing that?

huattuatua      ( Date: 30-Aug-2024 13:37) Posted:

but at least they are ethical enough to give notice that they are gonna suspend the shares hence giving ample opportunities for fed up shareholders to exit with massive loss,

better than suspend for donkey yrs den delist right,

nwonder, only such counters can meet sgx stringent  criteria, ha
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huattuatua
Master
30-Aug-2024 13:37     
 
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 Alert Admin 		but at least they are ethical enough to give notice that they are gonna suspend the shares hence giving ample opportunities for fed up shareholders to exit with massive loss,

better than suspend for donkey yrs den delist right,

nwonder, only such counters can meet sgx stringent  criteria, ha
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huattuatua
Master
30-Aug-2024 13:34     
 
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 Alert Admin 		throughout the yrs, the directors and mgmnt already made enough from the bounus  and pay packages, so i wt b surprised they would delist without making an exit offer.

and u look at their balance sheet, the cash balance maybe lower than some of the forumers banks account here, lol

TraderBen      ( Date: 30-Aug-2024 13:26) Posted:

might liquidate the company and give out 0.005? only 3.5m..
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TraderBen
Supreme
30-Aug-2024 13:26     
 
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 Alert Admin 		might liquidate the company and give out 0.005? only 3.5m..
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Johnsnow
Master
30-Aug-2024 12:18     
 
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 Alert Admin 		Selling 2 liao

Johnsnow      ( Date: 30-Aug-2024 11:35) Posted:

End of today 0.001 also no buyers, all shorties playing 3

Joelton      ( Date: 30-Aug-2024 10:31) Posted:

Trading of SMI Vantage&rsquo s shares to be suspended from Sept 2
The trading of SMI Vantage&rsquo s shares will be suspended from Sept 2 following after the SGX-ST rejected its application for a further extension of time to meet the requirements to be removed from the SGX watch-list.
 
In a filing, the company says SGX-ST has carefully considered its representation and submission. However there are no extenuating reasons to grant a further extension of 12 months until July 31, 2025.
 
The suspension will remain in effect until completion of the exit offer, following which the   company will be delisted.
 
The company is currently considering its next steps.
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