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chibaboom!
Justice888 ( Date: 17-Oct-2020 10:56) Posted:
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Bye bye !!!!!
Wow cannot resume trade ,they report try other way to get money to make alive....(Hope not right issue) continue to suspend till further notice, if six month' s time cannot get rescuse ,SGX may ask them close shop...
That is the high and unwanted risk of buying into a red chip.
overall, u will lose yr pants.
overall, u will lose yr pants.
chengwh1 ( Date: 16-Oct-2020 14:13) Posted:
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(1) SGX will perform buying-in for your account on Due Date (T + 3) in the Buy-in market.
If buying-in is unsuccessful, it will continue on Due Date + 1 & Due Date + 2. Penalty of 5% of the value of the failed trade subject to a minimum of S$1,000 will be imposed.
You have to call us at (65) 63272288 and write in to us immediately if you have good reasons to appeal against this CDP penalty fee. SGX will not accept your appeal once you have missed the cutoff time.
If buying-in is unsuccessful by Due Date + 2, procurement will commence from Due Date + 3. SGX will impose a fine of S$5,000 for each day a sell contract is overdue.
$5000 day? Cannot be la. Is too much. Anyone ever pay this ?
If buying-in is unsuccessful, it will continue on Due Date + 1 & Due Date + 2. Penalty of 5% of the value of the failed trade subject to a minimum of S$1,000 will be imposed.
You have to call us at (65) 63272288 and write in to us immediately if you have good reasons to appeal against this CDP penalty fee. SGX will not accept your appeal once you have missed the cutoff time.
If buying-in is unsuccessful by Due Date + 2, procurement will commence from Due Date + 3. SGX will impose a fine of S$5,000 for each day a sell contract is overdue.
$5000 day? Cannot be la. Is too much. Anyone ever pay this ?
gravity8888 ( Date: 17-Oct-2020 10:43) Posted:
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Have to pay penaltyif they dun cover back I think. But this managemebt.. Really fraud
There shld be more shortist I believe . Bec it looks really delicious to short tat day. If cannot cover back . Wat will happen. Do they need to pay up like longist ?
gravity8888 ( Date: 17-Oct-2020 09:41) Posted:
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Ya.. When they reply to sgx that they do not need to suspense the shares when queries. Then mid day they halt the shares. Is there any flout of the rules. Report to sgx and cad on the directors.. For the half day of trading activities.. How many people are sucked in
I don' t invest into Sunmoon, but was attractied to its news,... I came across the two following writeups from different articles this morning,....
1) " FRUIT and seafood distributor SunMoon Food Company on Thursday requested its trading halt be converted into a voluntary suspension. The mainboard-listed company said it needs more time to prepare an announcement to update its shareholders in relation to its parent' s voluntary bankruptcy reorganisation. SunMoon disclosed on Monday that three entities - Shanghai Yiguo E-Commerce, Shanghai Winchain Supply Chain Management and Shanghai Exfresh Logistic - had been placed under voluntary bankruptcy reorganisation under Chinese law on July 30. "
2) " SunMoon' s Loh sells shares ahead of parent company' s bankruptcy filing announcement. "
Looking at the above two writeups, I would ask the question : why did it take so long for SunMoon to make that materialann' t abt the bankruptcy re-org which took place on July 30th. ? This is a material ann' t, bros,......
Secondly,... the director sold-off already prior to ann' t,.... any breaches here ? Anything related to ' insider' matters ? Just thinking out loud,... SGX RegCo need to help investors here,....
1) " FRUIT and seafood distributor SunMoon Food Company on Thursday requested its trading halt be converted into a voluntary suspension. The mainboard-listed company said it needs more time to prepare an announcement to update its shareholders in relation to its parent' s voluntary bankruptcy reorganisation. SunMoon disclosed on Monday that three entities - Shanghai Yiguo E-Commerce, Shanghai Winchain Supply Chain Management and Shanghai Exfresh Logistic - had been placed under voluntary bankruptcy reorganisation under Chinese law on July 30. "
2) " SunMoon' s Loh sells shares ahead of parent company' s bankruptcy filing announcement. "
Looking at the above two writeups, I would ask the question : why did it take so long for SunMoon to make that materialann' t abt the bankruptcy re-org which took place on July 30th. ? This is a material ann' t, bros,......
Secondly,... the director sold-off already prior to ann' t,.... any breaches here ? Anything related to ' insider' matters ? Just thinking out loud,... SGX RegCo need to help investors here,....
Why take so long to answer SGX, it has prepared those anmswers in Sun announcement.....
Sunmoon suspended?
Material annoucement need so long meh..
wow must be some very material announcement, so long already still suspended. just hope not like that best world, suspend for donkey years still not resolved. don' t know best world shortists covered already or not.
Going die soon
Usually suspension very difficult to come backs . Those sold must feel lucky
gravity8888 ( Date: 15-Oct-2020 14:01) Posted:
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Company also not helping longist.. This time dun know how long liao
Co see no reason to help shortist
Justice888 ( Date: 15-Oct-2020 13:43) Posted:
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Will they be penalities? Co shld unhalt and let them buy back
look@bright ( Date: 15-Oct-2020 13:33) Posted:
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guards80 ( Date: 15-Oct-2020 13:28) Posted:
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what is the penalty per day for those who naked short and couldn' t buy back?