Posted by kenlfo > 2013-10-31 16:12 | Report Abuse

so far no any indication of rebound after dropping since last week

Posted by Nallayak > 2013-10-31 16:46 | Report Abuse

Asiasons lead recovery

Posted by kenlfo > 2013-11-01 15:06 | Report Abuse

or angmo starting to accumulate now before hit 20c?

Posted by kenlfo > 2013-11-01 16:54 | Report Abuse

i see. If price still below 0.20, ang mo will still buy at minimum 0.20? please advise

Posted by Nallayak > 2013-11-01 17:34 | Report Abuse

no kid only if he has gone mad will ang Moh buy above mkt

Posted by Nallayak > 2013-11-01 18:06 | Report Abuse

looks like legal disputes soon on validity of termination notice to subscribe to placements, if had agree to subscribe then have to cough up cash but how to get cash as even 5c rts insiders also don't want, stik to Asiasons safer

Posted by albertlaw > 2013-11-01 23:01 | Report Abuse

Dragonslayer,,,the ang mo bought already

Edge mag week Oct 21-27 pg 38..showed Oct 7 Alexander Alan Molyneux throught married deal acquired 135mil Bluemont shares.On pg 6 the incoming chairman said," The exchange is taking valid action,but it's not starting any investigation into the company" He tells Edge mag," If there has been any funny trading going on,that has nothing to do with the company"

nngeeh ( Date: 30-Oct-2013 22:27) Posted:



I think it might be good to wait until Platinum Partners subscribed the convertable bond and Alexander Molyneux complete the acquisition of the share. In both arrangement, the minimum conversion price is $0.20. We should be able to use that price as reference.

Posted by Nallayak > 2013-11-02 15:59 | Report Abuse

According to the Edge, Platinum Partners hope to sell piece of their investment vhicles / fund 's Black Elk to Asiasons is the Black Swan event that cause seemingly massive shorts on the three counters and crashed the penny plays. Platinum prtnrs still like to do deals with Asiasons becos of its Management. If so then we all should buy Asiasons

Posted by albertlaw > 2013-11-06 22:12 | Report Abuse

I got the info from here..though a bit outdated since in Oct but Nov now..still ok to share info

Hi all,

I have been following the company blumont/asiasons and liongold quite a bit. Interesting happenings like this either pops up opportunities for improving regulation (for sgx) to protect investors with things like trading restrictions, observing shortselling and soon to come circuit breakers....issues with remisiers and brokerage houses for managing credit risk and contra trading and finally opportunities for retail investors and such.

I have quantified all 3 stocks with their risk and returns. I do feel that the downside is limited, the upside however leaves much to imagination. Do check it out on my blog.

edenadvisors.blogspot.sg/



Cheers and stay sharp, stay safe.

Posted by PJTrader > 2013-11-07 20:07 |

Post removed.Why?

Posted by Hokkien > 2013-11-12 21:03 | Report Abuse

The interesting part is what was the buying price by Mr Goh. It could be a huge discount.

Posted by Nallayak > 2013-11-13 09:16 | Report Abuse

married deal anything goes

Posted by Nallayak > 2013-11-13 15:06 | Report Abuse

name spoiled handicapped for any new management, Tong Kooi Ong Blog about saga also and SGX hurt reputation want to take out on someone scary scary

Posted by inphyy > 2013-11-18 20:03 | Report Abuse

Singapore's Blumont non-exec independent director resigns

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

Posted by Nallayak > 2013-11-18 20:52 | Report Abuse

maybe too entangled

Posted by albertlaw > 2013-11-18 22:44 | Report Abuse

She made tons of $$$ liao...hope she will be charged by MAS for some illegal trading

Posted by inphyy > 2013-11-18 23:31 | Report Abuse

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.

Posted by albertlaw > 2013-11-19 09:28 | Report Abuse

It seems easier to make $$$ by shorting the trio..rather than hold..she fear being sued by MAS..she's wife of James Ng

THE BUSINESS TIMES
PUBLISHED NOVEMBER 19, 2013
Blumont independent director resigns
BYLEE U-WEN LEEUWEN@SPH.COM.SG
A NON-EXECUTIVE independent director of Blumont Group, Ng Su Ling, resigned yesterday with immediate effect, the company said in a statement to the Singapore Exchange (SGX).

When contacted by The Business Times last night, the 49-year-old said one of the main reasons for her stepping down was to pursue legal action against Goldman Sachs International and Goldman Sachs Singapore.

She revealed that she has filed suit in the UK, and decided to leave Blumont Group in order to focus on the suit with her solicitors. She also added that she might have to make frequent trips to London as a result.

Ms Ng declined to go on the record when asked why she was suing the investment banking firm.

Subscribers, log in here to read the full story. If you do not have an account, subscribe here.

Posted by Nallayak > 2013-11-19 20:30 | Report Abuse

as expected big wall st firm short the lot , Sgx seems to be everybody favourite shorting ground for Olam by Muddy waters, CMZ, now three more and punters just collateral damage

Posted by kenlfo > 2013-11-20 10:06 | Report Abuse

current price is the reasonable market value for blumont? or undervalue?

Posted by Nallayak > 2013-11-20 10:55 | Report Abuse

depends on MAS investigation lah and Tong provided KFM lead to investigators

Posted by inphyy > 2013-11-20 18:15 | Report Abuse

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

Posted by kenlfo > 2013-11-21 15:18 | Report Abuse

This news has no impact to the current price

Posted by Peter Chen > 2013-11-26 21:26 | Report Abuse

How Soh Chee Wen planned his come back

http://klse.i3investor.com/blogs/kianweiaritcles/41234.jsp

Posted by Nallayak > 2013-11-27 09:37 | Report Abuse

Offer 10 c to $1 very generous, in those days u just ask the creditor not to throw good money after bad to sue you or just make files disappear in court rooms to delay proceedings. Pay up only if Creditors employ Ong Ban chai

Posted by Nallayak > 2013-11-28 16:33 | Report Abuse

Play counter up in SGX dangerous as Golman and Muddy & Co around to short u big time, do in KLSE safer

Posted by kenlfo > 2013-11-29 16:41 | Report Abuse

sudden spike for 15 mil transaction at 0.114

Posted by inphyy > 2013-12-03 12:43 | Report Abuse

Blumont Group sued by Australian miner Prospect Resources

http://www.theedgesingapore.com/the-daily-edge/business/46555-blumont-group-sued-by-australian-miner-prospect-resources.html

Posted by Nallayak > 2013-12-03 17:41 | Report Abuse

tip of the iceberg?

Posted by inphyy > 2013-12-04 15:02 | Report Abuse

Penny stock players named in lawsuits

http://www.businesstimes.com.sg/premium/top-stories/penny-stock-players-named-lawsuits-20131204

Posted by kenlfo > 2013-12-04 16:50 | Report Abuse

inphyy, you are holding this stock?

Posted by inphyy > 2013-12-04 17:09 | Report Abuse

This 1 me no touch

Posted by kenlfo > 2013-12-04 17:17 | Report Abuse

ABL all are not good at all, high risk to touch. B is the worst.

Posted by inphyy > 2013-12-04 18:44 | Report Abuse

Have $$$$ play on STI Component Stocks. Stable.
Quarterly still gives out dividend.

Posted by kenlfo > 2013-12-05 12:20 | Report Abuse

Why ABL keep on dropping like no ending?

Posted by kenlfo > 2013-12-06 11:08 | Report Abuse

CEO REQUESTed FOR TRADING HALT at 9.15am

Posted by inphyy > 2013-12-06 16:25 | Report Abuse

Coal miner seeks payment from Blumont

Resource Generation says A$22.6m payment for 15% stake not received on due date

http://www.businesstimes.com.sg/premium/companies/others/coal-miner-seeks-payment-blumont-20131206

Posted by hewiester > 2013-12-06 21:04 | Report Abuse

Does anyone knows what will happen when it gets $0.01? This counter will get unlisted from SGX?

Posted by inphyy > 2013-12-06 21:33 | Report Abuse

U mean delist? me guarantee u wouldn't. Still can trade 0.009 to all the way 0.001

Posted by ticktock > 2013-12-09 16:39 | Report Abuse

any news?

Posted by albertlaw > 2013-12-09 17:57 | Report Abuse

http://www.flickr.com/photos/caricature/11286999805/

Posted by kenlfo > 2013-12-10 10:12 | Report Abuse

Alexander Molyneux already bought 135mil shares?

Posted by Hokkien > 2013-12-10 21:56 | Report Abuse

Please advise where u get the info from? How much is the buying price? I don't think he has the money to buy 135m shares even he managed to negotiate for $0.05 a share, that mean he needs to pay $6,750,000.

Posted by kenlfo > 2013-12-11 10:58 | Report Abuse

Hokkien, this is a Question only.

Posted by Nallayak > 2013-12-12 20:35 | Report Abuse

No lah, broker refuse to release shares as holding it as lien

Posted by albertlaw > 2013-12-12 23:31 | Report Abuse

Alex has the means to buy Bluemont

That means he shd have the means to buy Bluemont not just a falsefront as many have predicted



Looks like Alex has his interests in Celsius Coal: http://www.asx.com.au/asxpdf/20131212/pdf/42ll0s85bxwjnb.pdf

Posted by kenlfo > 2013-12-13 09:40 | Report Abuse

Alex will only becomes the chairman after acquire the 135 mil shares?

Posted by inphyy > 2013-12-13 19:32 | Report Abuse

UPDATE ON DISPUTE WITH PROSPECT RESOURCES LIMITED

http://infopub.sgx.com/FileOpen/BGL_PSC_13122013.ashx?App=Announcement&FileID=267732

Posted by htekh984 > 2013-12-13 19:51 | Report Abuse

No wonder the share shoot up end of the trading term

Posted by htekh984 > 2013-12-13 19:52 | Report Abuse

Hope it shoot up more next year