LionGold - Why is it raising funds through a person barred by US Securities and Exchange Commission?


http://sg.finance.yahoo.com/news/investor-central-liongold-corp-ltd-080000577.html

Broker seeks to recover US$68m from 10 clients

http://www.singaporelawwatch.sg/slw/headlinesnews/33725-broker-seeks-to-recover-us68m-from-10-clients.html?utm_source=rss%20subscription&utm_medium=rss

COSCO looking at weakest earnings year in 2013

Singapore Business Review – 49 minutes ago

Net profit could be below S$50m.

COSCO Corporation (Singapore) is facing its lowest earnings year this 2013, according to OCBC Investment Research, possibly a net profit of below $50m for FY13 compared to S$139.7m and S$105.7m in FY11 and FY12, respectively.

"Indeed, after five quarters of either little cost overruns or reversal of provisions made earlier, COSCO returned to making provisions on its construction contracts again, dousing hopes that it is gaining footing on the execution front," said OCBC.

"Looking ahead, we expect the operating environment for the group to remain difficult. Any credit tightening in China may also affect the ability of customers to meet their financial obligations," it added.

Challenging times ahead for S'pore Reits

http://www.businesstimes.com.sg/specials/infographics/reits-riches-more-competition-looms-20131125

Cosco wins two contracts worth more than US$400m

http://www.businesstimes.com.sg/breaking-news/singapore/cosco-wins-two-contracts-worth-more-us400m-20131125

Aussino halves after it gets SGX delisting notice

Remaining minority shareholders seen 'scrambling for the exit': trader

http://www.businesstimes.com.sg/premium/companies/others/aussino-halves-after-it-gets-sgx-delisting-notice-20131123

Delist

Thanks for the news.

Biosensors shareholder to sell entire 21.7% stake for $390.2m

http://www.straitstimes.com/breaking-news/money/story/biosensors-shareholder-sell-entire-217-stake-3902m-20131122

KLW SECURES THREE CONTRACTS WORTH APPROXIMATELY SGD 6.4 MILLION FOR SINGAPORE'S RESIDENTIAL DEVELOPMENTS

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8751F1ECCF69456348257C2A0035BEDC/$file/MEDIARELEASEv1.pdf?openelement

LionGold - LionGold’s Ghana subsidiary jump starts gold production to 2014 with agreement to procure gold tailings

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_A74D0E43848EB36448257C2900828E76/$file/LGC_MR-131121_Oweres_HOA_21112013.pdf?openelement

Rex unit gets nod for Norway offshore deal

http://www.businesstimes.com.sg/premium/companies/others/rex-unit-gets-nod-norway-offshore-deal-20131121

Arrhh! don't think so. After disappointed results, me placed at 2.98. Last 2 weeks low at 3.01.
Well...me have to wait.

SUBSCRIPTION OF UP TO 60,057,034 NEW SHARES CONSTITUTING APPROXIMATELY 14.61% OF THE EXISTING ISSUED SHARE CAPITAL OF COKAL LIMITED (THE “SUBSCRIPTION”) – COMPLETION OF THE FIFTH AND FINAL TRANCHE

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_422B37FE28679B2448257C29001981E2/$file/BGL_CKATranche5_20112013.pdf?openelement

dead cat bounce?

Hmmm...Stress test today ?

A non-executive, independent director of Blumont Group who was recently in the news for having had her shares force-sold by her bank has quit.

Ms Ng Su Ling, 49, left Blumont today.

The company said she resigned to focus more on her other personal commitments.

Blumont is now short of one independent director. It is in the midst of identifying suitable candidates and will review the composition of various board committees.

Singapore's Blumont non-exec independent director resigns

http://business.asiaone.com/news/singapores-blumont-non-exec-independent-director-resigns

Closing bell 0.565

If tomorrow come..... Stress test! will IPO price hold on to it?
Only time tell. To all babysitting prepare to go NTUC buy more milk powders to feed...longest days ahead.

U cant beat market invisible hands. Be rational than emotional

Low 0.59

waiting for closing bell

Ezion Holdings net profit more than doubles to $36.3m

Delivers "steady" performance in 3Q13.

According to PhillipCapital, Ezion Holdings (Ezion) delivered steady net profit in 3Q13, excluding exceptional items, of $36.3m, which was 130.2% higher than 3Q12 and 5.9% higher than the previous 2Q13.

With management is expecting 3 vessels to be deployed in 4Q13 -- 1 unit in Caspian Sea, 1 in South Asia and 1 in Arabian Gulf -- the research firm predicts earnings momentum should continue into FY14E, with a 61% increase in earnings from FY13E. But as 3Q13 net gearing rose to 1.05x from 1.01x in 2Q13 (0.83x in 1Q13), PhillipCapital said Ezion could slow down its rate of project wins in an effort to control its gearing levels.

"We expect net gearing to hit 1.1x by end-FY13E, before easing to 0.8x in FY14E on improve free cash flow generation from more vessels contribution," said PhillipCapital. But the research firm raised its FY13E/14E earnings forecast for Ezion to factor in new contracts, higher margins and updated SEUs deployment schedule.

http://sgx.i3investor.com/servlets/stk/re4.jsp

History of this. 22-08-2013. When news leaked Uncle Jim Acquired 1.7 Million Shares At S$0.355 Each.
Price high at 0.42.
When the rush fever ease...price start to drop...
Uncle Jim after all an 70 plus old man.

U Can't Touch This

Hmmm....
4 Weeks Range: 0.29 - 0.36
52 Weeks Range: 0.29 - 0.65
Average Price Target: 0.34

LISTING AND QUOTATION FOR 4,518,072 NEW ORDINARY SHARES

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_61F96E6B040A4C0048257C240031D824/$file/RIH_LQ_CaribbeanRex.pdf?openelement

SUBSCRIPTION OF 98,186,000 NEW ORDINARY SHARES IN THE CAPITAL OF LIONGOLD CORP LTD (THE “SUBSCRIPTION SHARES”) AT S$0.183 FOR EACH SUBSCRIPTION SHARE TO RAISE GROSS PROCEEDS OF S$17,968,038

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8B6FCD5A1E6504B848257C24001A1E0D/$file/LionGold_Subscription_Announcement_15November2013.pdf?openelement

TGIF...no cheer plus after reading these news

AmBank recovers RM15m in exposures from trading 3 SGX stocks
http://sg.finance.yahoo.com/news/ambank-recovers-rm15m-exposures-trading-110006579.html

Market integrity is responsibility of all parties
http://www.businesstimes.com.sg/premium/companies/others/market-integrity-responsibility-all-parties-20131115

victims in sweats when see "owe $ pay $" words. Those not involve investors think twice before enter the market.

It is a dark Friday.

Big Bird hold on to this stock....don't think will hammer down cheap to cherry pick. Me got to know this stock when 80 cents...that was years ago.

Asiasons - THIRD QUARTER RESULTS * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_43FF573D1F5A52E148257C230042158D/$file/ACL-Q3_Jul-Sep_and_9M_Jan-Sep_ending_30_Sep_2013.pdf?openelement

That not the end of the story. IDA have not pass down verdict on fire saga. S$1.5 mil fine same as fined M1 early?

Again? low 3.01...closing bell 3.04.

Daily trade at this range, can eat Roti John. No hope for lobster meal

COSCO Secures Offshore And Shipbuilding Contracts Totaling Over USD380 Million

COSCO Corporation (Singapore) Limited is pleased to announce that shipyards, which are subsidiaries of the Company's 51% owned subsidiary COSCO Shipyard Group Ltd, have secured contracts totaling over USD380 million to build two jackup drilling rigs and one bulk carrier...

http://cosco.listedcompany.com/newsroom/20131114_171139_F83_4839707E546D758748257C230029F8CF.1.pdf

Market sentiment not so good + invisible hands in market to hammer. U think 60 plus cent is the lowest...it can slide below 60...not to forget IPO price at 50 cent

hmmm....HOLD CONTROLLING STAKE IN OIL PRODUCTION TECHNOLOGY JOINT VENTURE AND TO PLACE OUT UP TO 70 MILLION NEW SHARES

Look like price stay at present range for a while.

Rex look at RH PetroGas...RH PetroGas peep at REX

KrisEnergy not spare.....closing bell 1.195 -0.065

Price may not sky rocket. When market sentiment are bad, every positive news bring some cheer. Daily just don't let me fall off the chair will be good enough ≥︺‿︺≤

Media Release - LionGold’s Bolivia Gold Project delivers a 40% increase in its Mineral Resource estimate to now contain a total of 1.79 million ounces of gold

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_BCD34E08973559E648257C22003563FD/$file/LGC_MediaRelease_AmayapampaGoldProjectUpdate_Final_13112013.pdf?openelement

Rex Intl - JOINT VENTURE WITH OGSONIC AG - COMPLETION

Unless otherwise defined, all capitalised terms used in this announcement shall bear the same meanings ascribed to them in the Company’s announcements dated 28 October 2013, 4 November 2013 and 12 November 2013 in relation to the Joint Venture in Rexonic

The Board of Directors Pursuant to the fulfilment of the condition precedents in relation to the Joint Venture in Rexonic with Ogsonic AG, the Company and Rex International Investments Pte Ltd had on 13 November 2013, completed the transactions relating to the Joint Venture in Rexonic with Ogsonic AG.

BY ORDER OF THE BOARD
Dan Broström
Executive Director and Chairman
13 November 2013


http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_6EFAAEABC18EB49D48257C2200343FF6/$file/RIH_CompletionRexonic_Final.pdf?openelement

So hard to climb from cent to dollar...will hold strong at 1

well...babysitting again

Noble's 3Q profit drops 70% on Yancoal non-cash loss

China Cosco Holdings’ executive director resigns due to being under investigation by government authorities

Global Times | 2013-11-11 0:18:01

http://www.globaltimes.cn/content/823867.shtml#.UoG0RJ32OJA

low 3.01...closing bell 3.04

Average down 0.243

Recalled Histroy :

Fincantieri to Buy STX OSV to Add Oil-Rig Support Vessels
By Kyunghee Park - Dec 21, 2012 6:49 PM GMT+0800

http://www.bloomberg.com/news/2012-12-21/fincantieri-to-buy-51-of-stx-osv-to-add-oil-rig-support-vessels.html

Cosco Corporation (Singapore) Ltd - Can it earn higher margins from big order book – are all the analysts wrong?

By Adrian Goh | Investor Central – Tue, Aug 20, 2013 4:00 PM SGT

20/8/2013 – Analysts are loathe to give SELL calls, but in the case of Cosco Corporation (Singapore) Ltd they are almost unanimous in their bearishness, after Q2 FY2013 results.

Higher marine engineering revenues couldn't make up for declines in ship building and repair activities, which lead to a fall in revenue and profit.

Near term prospects are also lacklustre.

Orders are up at US$6.7 bln, thanks in part to a US$170m jack-up rig order and a RMB 590 mln order for an offshore supply vessel.

But margins are already thin at around 10.8% in terms of gross margins, and 2.1% on a net basis, and the analysts aren't convinced that it can turn this around.

The financial highlights for Q2 FY2013:

Revenue: -8.7% YoY to S$890.3 mln
Net Profit: -56.4% YoY to S$12.0 mln
Cash flow from operations: S$3.1 mln vs S$101.7 mln
Cash Reserves: S$1.83 bln vs S$1.69 bln

Bullish analyst report
There are no bullish reports.

The Reuters survey of analysts shows that 8 have a SELL, a further 8 analysts have an UNDERPERFORM, and only 1 has a HOLD call on the stock.

Price targets range from 46 cents to 83 cents per share, with the median at 69.5 cents – which is roughly where the stock is currently trading.

Bearish analyst report
OCBC Investment Research says new orders, while plenty, will earn low profit margins in the face of stiff competition.

Also, payment on these orders will also only come in once the projects are delivered, which will put pressure the company's already debt-laden balance sheet.

If China's credit situation deteriorates further, it warns, Cosco could become vulnerable.

OCBC's recommendation is a SELL with a price target of S$0.60.

Maybank Kim Eng Research opines on similar notes and also says yard underutilisation will keep margins down.

Again, Cosco's debt level at S$3.7 bln is a big concern, with US$1.3 bln having to be repaid within a year.

It could refinance this debt, but it will likely be at a higher cost than before.

It has a SELL recommendation with a target price of S$0.65.

CIMB Research adds to the bleak outlook by pointing to low contract values for shipbuilding orders, and coming greater technical challenges and higher costs.

While CIMB Research has the slightly nicer-sounding recommendation of UNDERPERFORM, its target price of S$0.46 is actually below the others.

Investor Central. We keep your investments honest.

Question 1. What strategies is it adopting to increase margins?
Question 2. How concerned should investors be about $1.3 bln in debt repayments falling due in the next 12 months?
Question 3. Analysts are concerned about execution – are you?

We have sent these questions to the company to invite them for an on-camera interview, and/or seek their written response.

Sofar, we have not had a reply (which is why you are seeing this message).

PROFIT WARNING IN RELATION TO THE FINANCIAL RESULTS
FOR THE HALF YEAR ENDED 30 SEPTEMBER 2013

The Board of Directors of LionGold Corp Ltd (the “Company”) wishes to announce that the Company
and its subsidiaries (collectively, the “Group”) are expected to report a loss before tax for the Half
Year ended 30 September 2013.

Based on a preliminary review of the Group’s performance, the loss is mainly attributable to:

1. care and maintenance costs from the Group’s gold mining operations in Bolivia and Ghana;
and

2. substantial losses arising from the unrealised loss on financial assets at fair value through
profit and loss.

The Group is in the process of finalising its Half Year Financial Results for FY2014, which will be
released on or before 14 November 2013.

In the meantime, the Board of Directors wishes to advise shareholders and investors to exercise
caution when dealing in the shares of the Company.

BY ORDER OF THE BOARD
Nicholas Ng
Managing Director and Group Chief Executive Officer
8 November 2013

Singapore: Offshore operator Pacific Radiance has released its prospectus as it looks to list on the Singapore Stock Exchange. The company is offering 171.9m shares at 90 cents each.

Of these, 5m shares will be available to the public, while 163.4m will be placed out to investors.

The remaining shares will be set aside for Pacific Radiance's independent directors, employees, and business associates.

Pacific Radiance’s vessels comprise offshore support vessels, namely, anchor handling tugs, anchor handling tug supply vessels, multi-purpose support vessels and platform supply vessels, as well as accommodation work barges, diving support vessels, special carrier vessels and tugs and barges.

Closing Date : 11/11/2013
Commence Trading : 13/11/2013

http://www.pacificradiance.com/

Average down to 0.783