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Then you see whether your broker can perform this miracle for you or not. All tradings are now suspended..
Demostation ( Date: 13-Jul-2015 11:50) Posted:
Could this be done through " off market transaction"   between 2 parties (with the help of 2 brokers)?
RoundRound ( Date: 13-Jul-2015 11:48) Posted:
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Could this be done through " off market transaction"   between 2 parties (with the help of 2 brokers)?
RoundRound ( Date: 13-Jul-2015 11:48) Posted:
Suspended how to sell share to you?
Demostation ( Date: 13-Jul-2015 11:43) Posted:
So if I shorted a counter that is suspended, I kena pay and pay without end, unless I can get a shareholder who got stuck and want to sell me the shares, right?
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Suspended how to sell share to you?
Demostation ( Date: 13-Jul-2015 11:43) Posted:
So if I shorted a counter that is suspended, I kena pay and pay without end, unless I can get a shareholder who got stuck and want to sell me the shares, right?
RoundRound ( Date: 13-Jul-2015 11:34) Posted:
For borrowed shares, you will have to continue to pay interest rate on a daily rest basis till you buy back.
For naked short, since you dont have scripts to deliver to your buyer/s, this one you have to check with your brokerag |
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So if I shorted a counter that is suspended, I kena pay and pay without end, unless I can get a shareholder who got stuck and want to sell me the shares, right?
RoundRound ( Date: 13-Jul-2015 11:34) Posted:
For borrowed shares, you will have to continue to pay interest rate on a daily rest basis till you buy back.
For naked short, since you dont have scripts to deliver to your buyer/s, this one you have to check with your brokerage
Demostation ( Date: 13-Jul-2015 11:19) Posted:
Anyone knows what will happen to the trading account that shorted JES immediately before suspension?   What is the scenario if one shorted naked, and also if one shorted on borrowed shares?
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For borrowed shares, you will have to continue to pay interest rate on a daily rest basis till you buy back.
For naked short, since you dont have scripts to deliver to your buyer/s, this one you have to check with your brokerage
Demostation ( Date: 13-Jul-2015 11:19) Posted:
Anyone knows what will happen to the trading account that shorted JES immediately before suspension?   What is the scenario if one shorted naked, and also if one shorted on borrowed shares?
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Anyone knows what will happen to the trading account that shorted JES immediately before suspension?   What is the scenario if one shorted naked, and also if one shorted on borrowed shares?
I have sounded out RED ALERT on this firm long long ago.
RoundRound ( Date: 04-Mar-2015 17:14) Posted:
For the last 1 to 2 years, I already sounded the 'gong' on this fishy company.....
RoundRound ( Date: 07-Jul-2014 15:44) Posted:
This deal sounds too good to be true. Like JES paying SCIBOIS CO. LTD 1 gold bar, then JES is guaranteed 6 gold bars in return within 4 years, upon listing in a reputable stock exchange, its going to be worth 15 gold bars. And the forest they are buying over has a potential 100 gold bars.
Note 1 Gold bar is worth USD 30 million.
As a seller, it look stupid to accept such a cheap offer that has a potential worth of USD 3 billion.
Now with this buyout thing, the share price is hung at same price just before Halted. |
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SGX should have taken a hard look at this company for coming out with so many made to believed deals, the so-called takeover of mineral company worth over US$500b for just tens of millions in investment by way of share placement. Or the Congo forestry deal worth over US$30b for just a song. Or the huge ship orders worth over US$1b but company ended up in receivership after so many investors got trapped by this company.
The soap opera at JES continues...
JES denies allegations from former chairman: 
http://splash247.com/jes-denies-allegations-from-former-chairman/
dont look liao la. This one is a gone case. Even the ID also resigned today citing bullsh1t reason. Dunno what to say...luckily never tikam this stock.lmao hahaha
Huatsweeswee ( Date: 26-May-2015 21:36) Posted:
So long no hear from them suddenly 15th may they said no reply from court but rejection letter already out in 13th may. Can these guys be trusted???
Demostation ( Date: 26-May-2015 13:27) Posted:
An appeal has been made, but whether the court will let it succeed will have to see how it explains.
If cannot restructure, then creditors will suffer, while some debtors (if any) might even absorn, lol.
Then if no restructing, the chances of relisting in Singapore also may be an issue, then Singapore shareholders may have to say bye bye with their investments.  
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So long no hear from them suddenly 15th may they said no reply from court but rejection letter already out in 13th may. Can these guys be trusted???
Demostation ( Date: 26-May-2015 13:27) Posted:
An appeal has been made, but whether the court will let it succeed will have to see how it explains.
If cannot restructure, then creditors will suffer, while some debtors (if any) might even absorn, lol.
Then if no restructing, the chances of relisting in Singapore also may be an issue, then Singapore shareholders may have to say bye bye with their investments.  
granto ( Date: 26-May-2015 13:21) Posted:
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An appeal has been made, but whether the court will let it succeed will have to see how it explains.
If cannot restructure, then creditors will suffer, while some debtors (if any) might even absorn, lol.
Then if no restructing, the chances of relisting in Singapore also may be an issue, then Singapore shareholders may have to say bye bye with their investments.  
granto ( Date: 26-May-2015 13:21) Posted:
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The company JES is Habese. Gone belly up. Just like all S stocks
连 渣 都 没 了 !
You so kind to JES.   This one no cock how to die cock stand???????
duofu1285 ( Date: 11-Mar-2015 11:18) Posted:
die cock stand.
JES...
 
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jialat....jialat......