Well with all these brokers restriction...its seems more likely the share will go back down to earth...as....
"cash is king"....
http://equities.rhbinvest.com.sg/uploads/documents/7e3_TradingRestrictionAnnouncement_20160517.pdf
17 May 2016
|
1. Attilan Group Limited 2. Blumont Group Ltd. 3. Magnus Energy Group Ltd. 4. ISR Capital Limited 5. Annica Holding Limited 6. Ipco International Limited 7. LionGold Corp Ltd |
This one is PhillipCapital
Posted: May 18, 2016 7:42 amPosted by: @treetops
From 17 May 2016, To control credit exposureOnline trading is restricted for these counters:
These counters requires cash upfront for any buy amount exceeding $20k
Any buy or sell orders must be placed through Trading Representatives
Attilan Group
Blumont Group
Magnus Energy Group
ISR Capital Limited
Annica Holding Limited
IPCO Internation Limited
LionGold Crop Ltd
* hope * ISR coming back this afternoon.....(66
66)
(not vested..)
http://www.limtan.com.sg/page/site/public/notices-TradeRestrict.jsp
16th May 2016
To control counter exposure
Subject To Buy Limit S$30,000 and Sell Limit S$30,000
Annica
ChasWood Res
ISR Capital
ITE Electric
MagnusEnergy
For additional limits, cash deposit is required.
If trading house impose perhaps they see huge risk in these pennies...so these pennies could drop a lot once the rest trading house imposed similar restrictions...
Posted: May 18, 2016 9:31 amPosted by: @treetops
Ok. Is trading house setting these rules to avoid the risk they may face!Maybe not all trading house did it. Please do check with your respective trading house.
FYI. SGX will not impose such rules if you new in trading...
Posted: May 18, 2016 9:28 amPosted by: @ethanchung
SGX did not announce such measures, stop spreading false rumours to spur panic sells.
Hi may i know where is this imposed or the source..which broker ?
Posted: May 18, 2016 7:42 amPosted by: @treetops
From 17 May 2016, To control credit exposureOnline trading is restricted for these counters:
These counters requires cash upfront for any buy amount exceeding $20k
Any buy or sell orders must be placed through Trading Representatives
Attilan Group
Blumont Group
Magnus Energy Group
ISR Capital Limited
Annica Holding Limited
IPCO Internation Limited
LionGold Crop Ltd
Ok. Is trading house setting these rules to avoid the risk they may face!
Maybe not all trading house did it. Please do check with your respective trading house.
FYI. SGX will not impose such rules if you new in trading...
Posted: May 18, 2016 9:28 amPosted by: @ethanchung
SGX did not announce such measures, stop spreading false rumours to spur panic sells.
SGX did not announce such measures, stop spreading false rumours to spur panic sells.
In the past , when trading resriction imposed..the counter usually will drop a lot..as cash is king..without cash no oxigen for these pennies..
Ace Achieve Info still can play, no restriction yet.
lol
Posted: May 18, 2016 9:13 amPosted by: @wind22i
If its true and buy restriction imposed.. it shld drop and big sell coming when/for those contra players which cannot pickup..
If its true and buy restriction imposed.. it shld drop and big sell coming when/for those contra players which cannot pickup..
If you short, your pant drop even faster. lol
Each bid jump is by high%.
Posted: May 18, 2016 8:38 amPosted by: @darocupcake
Short all till it toh
Posted: May 18, 2016 7:42 amPosted by: @treetops
From 17 May 2016, To control credit exposureOnline trading is restricted for these counters:
These counters requires cash upfront for any buy amount exceeding $20k
Any buy or sell orders must be placed through Trading Representatives
Attilan Group
Blumont Group
Magnus Energy Group
ISR Capital Limited
Annica Holding Limited
IPCO Internation Limited
LionGold Crop Ltd
Short all till it toh
Posted: May 18, 2016 7:42 amPosted by: @treetops
From 17 May 2016, To control credit exposureOnline trading is restricted for these counters:
These counters requires cash upfront for any buy amount exceeding $20k
Any buy or sell orders must be placed through Trading Representatives
Attilan Group
Blumont Group
Magnus Energy Group
ISR Capital Limited
Annica Holding Limited
IPCO Internation Limited
LionGold Crop Ltd
From 17 May 2016, To control credit exposure
Online trading is restricted for these counters:
These counters requires cash upfront for any buy amount exceeding $20k
Any buy or sell orders must be placed through Trading Representatives
Attilan Group
Blumont Group
Magnus Energy Group
ISR Capital Limited
Annica Holding Limited
IPCO Internation Limited
LionGold Crop Ltd
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