Category: Uncategorized

Can Companies’ Announcements via SGX Be Trusted?

S i2i announced Daily Share Buy-Back on 12-Sep-2017 Since early August, S i2i has been buying back its own share from market almost everyday, and the buybacks activities have lifted its share price from $2.60+ all the way to $3.20+ until yesterday. Today, its share price fall back to $3.00. According to POEMS, there were

SGX Queried The Dormant Subsidiary Blumont Copper Struck-Off

Apparently SGX had issued query to Blumont Group regarding the stuck-off of dormant subsidiary worth S$1.8mil. SGX.Observer just mentioned about this in the previous article: Blumont Group and Its New & Ultimate Horizon To recap, On 20 June 2017, Blumont Group announced – The Board of Directors of Blumont Group Ltd. (the “Company”) wishes to announce

Blumont Group and Its New & Ultimate Horizon

Blumont Group’s profit guidance for 2Q2017 – 10 Aug 2017 Blumont Group issued profit warning  for its 2017Q2 ended 30 June 2017 on 10 Aug 2017 (Thursday) after market closed. In the announcement, it mentioned – The expected losses in 2Q2017 and 1H2017 primarily arose from the following: (a) grant of 4,120,000 share awards at S$0.001 per

Noble Group, Iceberg Research, EY – Who Do We Trust?

Noble Group (CGP:SGX), has been listed on SGX Mainboard since on 14 March 1997. Once a Straits Times Index component stock, Noble was removed from the index and replaced by CapitaLand Commercial Trust since 21 Mar 2016. According to SGX StockFacts, the adjusted share price of Noble Group in June 2014 was in the range of S$14+/-.