EMAS Offshore   

Newest IPO in SGX

I heard people say stock market is zero sum game. If someone loses money, the money will go to others.   I am not sure how true it is.   For illiquid stock which nobody shorts & price keeps dropping, where the money evaporates.   Anyone can explain?    

peterz      ( Date: 15-Feb-2017 12:53) Posted: I sold all my 150 lots at 0.059 today and made a S$15K loss. EMAS and EZRA might be suspended in  the near future. Too many bad news.     sengsk      ( Date: 15-Feb-2017 09:31) Posted: Oops ! I' m referring to Ezra.....

 

Refinancing was not fixed in the last 60 days and EMAS would ask for another 60 days to fix with all lenders. I thought no lenders would lend money to EMAS and EZRA now.

peterz      ( Date: 15-Feb-2017 12:53) Posted: I sold all my 150 lots at 0.059 today and made a S$15K loss. EMAS and EZRA might be suspended in  the near future. Too many bad news.     sengsk      ( Date: 15-Feb-2017 09:31) Posted: Oops ! I' m referring to Ezra.....

 

I sold all my 150 lots at 0.059 today and made a S$15K loss.

EMAS and EZRA might be suspended in  the near future. Too many bad news.

 

 

sengsk      ( Date: 15-Feb-2017 09:31) Posted: Oops ! I' m referring to Ezra..... sengsk      ( Date: 15-Feb-2017 09:30) Posted: Can forget this lousy stock. To Short = No meat and it could any time suspened . To Long = Nothing good with no good news. Rather put concentration to other stock. Ums and Valuatronic should be better off.

 

Oops ! I' m referring to Ezra.....

sengsk      ( Date: 15-Feb-2017 09:30) Posted: Can forget this lousy stock. To Short = No meat and it could any time suspened . To Long = Nothing good with no good news. Rather put concentration to other stock. Ums and Valuatronic should be better off. peterz      ( Date: 15-Feb-2017 09:23) Posted: EZRA resumed trading

 

Can forget this lousy stock.

To Short = No meat and it could any time suspened .

To Long = Nothing good with no good news.

Rather put concentration to other stock. Ums and Valuatronic should be better off.

peterz      ( Date: 15-Feb-2017 09:23) Posted: EZRA resumed trading peterz      ( Date: 14-Feb-2017 20:53) Posted: Will EMAS be suspended if EZRA was suspended forever? EZRA had 40% shares of EMAS.

 

EZRA resumed trading

peterz      ( Date: 14-Feb-2017 20:53) Posted: Will EMAS be suspended if EZRA was suspended forever? EZRA had 40% shares of EMAS. lglg666      ( Date: 14-Feb-2017 18:16) Posted: That's the best you can do? Biggest broke and schizo farter in SJ ha ha. His trading motto here is "Buy high sell Low

 

Will EMAS be suspended if EZRA was suspended forever? EZRA had 40% shares of EMAS.

lglg666      ( Date: 14-Feb-2017 18:16) Posted: That's the best you can do? Biggest broke and schizo farter in SJ ha ha. His trading motto here is "Buy high sell Low" anthonykwong      ( Date: 14-Feb-2017 18:13) Posted: lglg stucked in emas and also yuuzoo..... lglg mood not good

 

That's the best you can do? Biggest broke and schizo farter in SJ ha ha. His trading motto here is "Buy high sell Low"

anthonykwong      ( Date: 14-Feb-2017 18:13) Posted: lglg stucked in emas and also yuuzoo..... lglg mood not good

 

lglg stucked in emas and also yuuzoo.....

lglg mood not good

 

Sad, the share price is still down.

peterz      ( Date: 08-Feb-2017 21:15) Posted: I didn' t sell and decided to hold. nea03177      ( Date: 04-Feb-2017 18:01) Posted: You will lose $12,000. Others lose badly on Ezra and Triyards. Edwin Lee have caused real pain to too many shareholders.

 

I didn' t sell and decided to hold.

nea03177      ( Date: 04-Feb-2017 18:01) Posted: You will lose $12,000. Others lose badly on Ezra and Triyards. Edwin Lee have caused real pain to too many shareholders. peterz      ( Date: 03-Feb-2017 22:08) Posted: not very good, shall I sell all my 150 lots shares at 0.08, making  50% loss?

 

It was different from Ezra. Now there were three substantial shareholders, which were three companies.

dyingcat      ( Date: 04-Feb-2017 20:54) Posted: Strange, ezra halted for 3 days, this one could still trade. Some more the price didn't drop with so many negative news flying around.

 

Strange, ezra halted for 3 days, this one could still trade. Some more the price didn't drop with so many negative news flying around.

 

Lee Chye Tek, son of Lee Kian Soo.

nea03177      ( Date: 04-Feb-2017 19:52) Posted: Sorry. Should be Lionel Lee Tek Chye. kerier      ( Date: 04-Feb-2017 19:12) Posted: Who is Edwin Lee?

 

Sorry. Should be Lionel Lee Tek Chye.

kerier      ( Date: 04-Feb-2017 19:12) Posted: Who is Edwin Lee? nea03177      ( Date: 04-Feb-2017 18:01) Posted: You will lose $12,000. Others lose badly on Ezra and Triyards. Edwin Lee have caused real pain to too many shareholders.

 

Who is Edwin Lee?

nea03177      ( Date: 04-Feb-2017 18:01) Posted: You will lose $12,000. Others lose badly on Ezra and Triyards. Edwin Lee have caused real pain to too many shareholders. peterz      ( Date: 03-Feb-2017 22:08) Posted: not very good, shall I sell all my 150 lots shares at 0.08, making  50% loss?

 

You will lose $12,000. Others lose badly on Ezra and Triyards. Edwin Lee have caused real pain to too many shareholders.

peterz      ( Date: 03-Feb-2017 22:08) Posted: not very good, shall I sell all my 150 lots shares at 0.08, making  50% loss?   peterz      ( Date: 18-Jan-2017 22:08) Posted: hope the price can touch 0.2 this year

 

Today.....nice volume but the share price still down in the dump.

 

Only you can answer your question. For self-reflection:   Why did you buy at the first time?   Is your reason still valid now? If no longer valid, how are you going to do about it?   What lessons have you learned?  

Nobody likes to lose money, but you should know SGX is the largest casino in Singapore, much bigger than MBS & Genting Sentosa. You bet big, you have to gamble with calculated risks that you may lose some or all of your money.   If you don' t dare to lose money, just put it in FD and earn interest (though very small).   Market is always against you.   Your chance of winning in either casino or stock market is very slim.   Casino & SGX always make money, whether you lose or win.      

peterz      ( Date: 03-Feb-2017 22:08) Posted: not very good, shall I sell all my 150 lots shares at 0.08, making  50% loss?   peterz      ( Date: 18-Jan-2017 22:08) Posted: hope the price can touch 0.2 this year

 

not very good, shall I sell all my 150 lots shares at 0.08, making  50% loss?

 

peterz      ( Date: 18-Jan-2017 22:08) Posted: hope the price can touch 0.2 this year lglg666      ( Date: 18-Jan-2017 18:24) Posted: Today Emas trading in Oslo also higher and seem like the worst might be over for this stock for the next couple of years while it tries to recover slowly.