Posted by passerby > 2012-09-03 12:17 | Report Abuse

there is article on this counter by Malaysian's news portal here http://biz.thestar.com.my/news/story.asp?file=/2012/9/3/business/11957461&sec=business

Posted by sahathevanblogspot > 2013-06-16 09:43 | Report Abuse

Singapore's LionGold over rated -Company and its media supporters seem blind to the Castlemaine curse
http://sahathevan.blogspot.com.au/2013/06/singapores-liongold-over-rated-company.html

Posted by inphyy > 2013-10-06 18:27 | Report Abuse

Date of Lifting of Suspension * 07-10-2013
Time of Resumption of Trading * 0900 hours

Posted by hobson64 > 2013-10-07 10:57 | Report Abuse

Designated!!!

Posted by inphyy > 2013-10-07 12:00 | Report Abuse

LionGold requests continuation of trading halt

Written by Reuters
Monday, 07 October 2013 09:06

Posted by inphyy > 2013-10-07 14:38 | Report Abuse

REQUEST FOR LIFTING OF TRADING HALT

Date of Lifting of Trading Halt * 07/10/2013
Time of Lifting of Trading Halt * 1445 hours

Posted by ticktock > 2013-10-07 16:47 | Report Abuse

liongold....where is the GOLD?

Posted by HC Lee > 2013-10-07 17:09 | Report Abuse

In Malaysia...don't ever trust the Barisan National cronies. They have milk the country dry and now they are going overseas to con the public there.

Posted by Peter Chen > 2013-10-08 09:25 | Report Abuse

Company related to Dian Lee suspended by Singapore Stock Exchange after plunge

李静霖有关连公司在新加坡跌停板

http://aseantradinglink.blogspot.com/2013/10/company-related-to-dian-lee-suspended.html

Posted by ticktock > 2013-10-08 17:08 | Report Abuse

announced acquisition target...also smashed down....no hope

Posted by ticktock > 2013-10-10 10:18 | Report Abuse

trading halt..........another announcement to push the stock higher? beware.....

Posted by Nallayak > 2013-10-10 12:45 | Report Abuse

buy below 14.3 c

Posted by Nallayak > 2013-10-10 18:41 | Report Abuse

Bank forced sell director shares last few days

Posted by albertlaw > 2013-10-10 19:09 | Report Abuse

Singapore Exchange Ltd. (S68.SG) is investigating short-selling activity seen in the shares of Asiasons Capital Ltd. (5ET.SG) and Blumont Group Ltd. (A33.SG) that violate trading curbs placed on those stocks, the bourse said Thursday.

Asiasons and Blumont are among three stocks subjected by SGX to trading restrictions and added scrutiny since Monday after sharp plunges last week. The curbs included bans on short selling, margin trading and contra trading. "We will be investigating these cases and take the appropriate disciplinary actions as necessary," Kelvin Koh, SGX's head of market surveillance, said in an email response to queries from The Wall Street Journal. The short-selling activity in question took place on Monday, he said, without elaborating on the investigations. Asiasons and Blumont declined to comment.

In his Thursday comments, Mr. Koh said SGX would continue monitoring trading activity on the three stocks, and "lift the designation as soon as it is appropriate to do so."

The short-sale ban required that sellers of the three stocks already own the shares they wish to sell. In short selling, an investor borrows a security from a broker in order to sell it, hoping to buy it back later at a lower price to repay the broker, with the investor pocketing the price difference. Buyers of the three stocks, meanwhile, will have to pay cash immediately to settle the trades upon execution, rather than buying on margin, or using borrowed money. SGX's designated-securities framework also bars online trading and contra trading. In a contra trade, an investor offsets an earlier share purchase with an equivalent sale before the initial deal is settled; this allows an investor to book profits without committing any capital, as long as the selling price is higher than the purchase price.
Some action will be taken against those who shorted heavily must have prior insider info..CAD will act against especially the directors or related relatives...

Posted by Nallayak > 2013-10-10 21:55 | Report Abuse

action taken want to bluff who, what action can be taken sweep under carpet more like it too many shor selling some didn't know theres a ban . Dow up so must get in early

Posted by albertlaw > 2013-10-11 23:09 | Report Abuse

So many worms and crooks among the designated stocks...

I just found out that even a recent ID appointed in July 2013, Yin Kum Choy, is clearly not going to independent and has a questionable history. Somehow SGX allowed his appointment and accepted the answer to this query:

“On 12th July 2004, upon the finding of the Inquiry Committee of the Public Accountants Oversight Committee that Yin Kum Choy is guilty of improper conduct in the discharge of his professional duty...the Public Accountants Oversight Committee ordered that Yin Kum Choy pays a penalty of $5,000/-...”

Yin was a director in Inno Pac and IPCO in the late 1990s and First Engineering, hence making him a member of the Soh Chee Wen clan. SGX should consider removing the word Independence or put a disclaimer somewhere if they keep allowing such appointments to pass through.

I wonder why the stocks of all these Soh Chee Wen related stocks are not under SGX radar much earlier.
Wow crooks after crooks..opening more cans of worms...


Look like the angmo going to head Bluemont is also a crook or useless guy,otherwise kenna sack..red flag also why management still has to force sell by banks...all pledged their co's shares to banks like what the S chip directors had done so previously..co may eventually fold up..what's your views

Rio Tinto is a bluechip co so when they sack him, he must be really " useless" . Shows that he is incapable as CEO. Though sacking took place 1 year ago, it is relevant to his character reference.
SouthGobi Resources fires CEO Molyneux



(Financial Post Published 12/9/2012)

Mining giant Rio Tinto Ltd. has terminated the chief executive of SouthGobi Resources Ltd., removing one of the only remaining links to the Robert Friedland era in its Mongolian business.
The move Wednesday to fire Alex Molyneux is part of Rio?s effort to improve strained relations with the Mongolian government and get SouthGobi?s idled mine re-started. It comes just a day after Mr. Friedland launched an initial public offering of Ivanplats Ltd., his first big move since resigning from Turquoise Hill Resources Ltd. (formerly Ivanhoe Mines).

Rio Tinto took control of Turquoise Hill in April in order to get its hands on the giant Oyu Tolgoi mine in Mongolia. It also ended up with some non-core assets. One of them is the majority stake in SouthGobi, which controls the Ovoot Tolgoi coal mine (also in Mongolia). And SouthGobi was turning into a major political headache for Rio Tinto.

Shortly before Rio got control of Turquoise Hill, Mr. Friedland cut a deal to sell its SouthGobi stake in to Aluminum Corp. of China Ltd. (Chalco).

This infuriated many Mongolians, who dislike their powerful Chinese neighbours and worry about falling under their thumb. The timing of the announcement was particularly bad because Mongolia was in the midst of an election cycle and political rhetoric was elevated.

AdvertisementThe Mongolian government quickly suspended SouthGobi?s licences on Ovoot Tolgoi, and the parliament passed a foreign investment law the main purpose of which appeared to be stopping this deal.
Mr. Molyneux, SouthGobi?s then-CEO, said last month that he thought the Chalco deal had virtually no chance of success.

?Without clear regulation on the foreign investment law or without a process through which such foreign investment proposals can be reviewed and considered, it?s almost impossible to see how Chalco can navigate its bid through the Mongolian government infrastructure,? he said on a conference call.

Apparently, Chalco agreed ? it dropped the bid a couple of weeks later.

It is understood that Rio Tinto was not pleased about Mr. Molyneux?s public comments, seeing them as detrimental to its relations with the government. It also wanted to bring someone into SouthGobi with mining experience who could manage a re-start of the mine.

As a former investment banker, Mr. Molyneux was not that person. He was replaced Wednesday with Rio Tinto veteran Ross Tromans.

Rio?s move also distances SouthGobi from the Friedland era. Mr. Molyneux was personally hired by Mr. Friedland to run the coal business, and is one of his longtime business associates. But SouthGobi is now controlled by Rio Tinto, and no one was surprised that Rio wants one of its own people running it.

shadowmoon ( Date: 11-Oct-2013 12:25) Posted:

Oh ya the ang mo is fishy also...

wanglausern ( Date: 11-Oct-2013 12:08) Posted:



I'll be blunt and straightforward!

This chow angmoh who was sacked from Rio Tinto is nothing, but a stooge to those crooks from up north.

Pls don't throw away anymore of your children's money

Posted by inphyy > 2013-10-12 11:52 | Report Abuse

LionGold placement called off on stock price volatility

Published October 12, 2013

Posted by Nallayak > 2013-10-12 15:19 | Report Abuse

Lift the designation and let the mkt decide as sGX proved that their circuit breakerless model killed retail investors

Posted by Nallayak > 2013-10-12 15:20 | Report Abuse

we rather be killed by mkt than by no clue regulator. Hunk Paulson was the biggest no clu regulator with his Lehman debacle nearly ruined the world

Posted by Nallayak > 2013-10-12 17:04 | Report Abuse

liongold should merge with blumont to benefit from a m leadership

Posted by albertlaw > 2013-10-12 22:49 | Report Abuse

Originally Posted by xfactor View Post
Hoosier/erebos

I believe that the second wave will kill punters who rushed in Tuesday and Wednesday when the stocks ie the infamous 3 rebounded. More joined in on Thursday morning, the second wave of the Tsumani hits the crowd busy picking what they consider as Gold and Diamonds. Friday was a debacle and the syndicates unloaded more and stocks really plunged

I expect more blood on the streets on Monday when those early birds who bought and Monday will take whatever profits available

The effect will be felt by the secondary, innocents or otherwise all new resources stocks like Mirech Energy, Rex, Magnus, IPCO, Ramba Innopac( a member of the infamous
3
Those who bought on Tue 8 Oct can start selling on Mon 14 Oct..and for Bluemon the rights shares coming back soon ..more downward pressure..

Be careful if the loans pledged by designated stocks were used to buy more such designated stocks previously..then the domino effect difficult for the 3 stocks to rise..u notice those who rush in to biuy in the morning by afternoon or 10a.m the stocks start to fall..effect of forced selling by the banks


RED FLAG:

Forced sales by bank on Thurs 10 Oct:

1) Former Executive Chairman Neo Kim Hock sold 2.922m shares @20c for $586,416

2) Present CEO James Hong Gee Ho sold 1.5m shares @19.82c for $297,300




edwinjup ( Date: 12-Oct-2013 08:19) Posted:

Thanks..hope sgx can actions faster....if sgx suspend this three counters...sgx ceo better provide a super good reasons or else pls resign

akchua ( Date: 12-Oct-2013 08:08) Posted:

Of course u are right. They deliberately stopped servicing the loan to trigger the force selling, so that they can keep reducing their share holding to the market.These buggers have planned so many ways to exit, very experience people.

Posted by Nallayak > 2013-10-13 18:52 | Report Abuse

The forced selling is at too low price but bank margin money taken unlikely to be recovered

Posted by albertlaw > 2013-10-14 15:39 | Report Abuse

Quote from Edge magazine...about LionGold

LionGold notes that the enterprise value for its resources stands at US$20/oz versus peers in Asia which are trading at above US$100/oz, and claims that its shares are way undervaluedwill buy if it dropped some more over next few days

Ng Su Ling..with SGX putting restrictions who is going to buy?There were be only sellers ,no buyers,Hopefully once the restriction is lifted,the share price will go back up I've been pressing them,I've been begging them,I've been scolding them. I've been receiving a lot of calls from institutional investors saying they are still behind us"says Malaysian banker and lawyer Ng Su Ling who is also independent director at Bluemont and lionGold

Posted by inphyy > 2013-10-14 15:55 | Report Abuse

CLARIFICATION OF UNCONFIRMED RUMOURS

LionGold Corp Ltd (“LGC” or the “Company”) wishes to respond to a written query by the Business
Times relating to unconfirmed rumours that the Company is under investigation by the Commercial
Affairs Department.

The Company wishes to state that neither it nor any of its officers has been informed that it or any of its
officers is under investigation by the Commercial Affairs Department. In addition, neither the Company
nor any of its officers has been contacted by the Commercial Affairs Department that the Company or
any of its officers is under any investigation.

The Company is in full compliance with the Listing Rules of the SGX-ST.

The Company wishes to advise its shareholders not to rely on unconfirmed rumours when dealing in the
securities of the Company. If in doubt, shareholders should consult their professional advisers.

By Order of the Board

Tan Soo Khoon Raymond
Executive Director
LionGold Corp Ltd
14 October 2013

Posted by albertlaw > 2013-10-16 16:55 | Report Abuse

Originally Posted by maverick121 View Post
Just sharing,a group of " ppl" bot in liongold last week at 0.19, dunno the reason behind,but obviously they are losing big time now.professionals somemore,si bei funny....
..Today I long a bit on the 3 designated stocks..just for the punt/fun

Originally Posted by ezo View Post
will sgx boot them out??
just like dod shit got the boot from kr xchange?
..use your previous profits to punt Asiasions,Bluemont and LionGold at this level and prepare to lose all..then u won't feel the pain should theses companies got delisted or suspended but if lifted should go up...because now demand is curbed..I thought Bluemont is still profitable since 2009 and lionGold has remained > 80cts since Sept 2011 and Asiasons > 30cts since March 2012



starlene ( Date: 16-Oct-2013 15:03) Posted:

Anyone who bought > 15cts based on 1 for rights at $0.05 =$0.117 (0.15x2+0.05)/3.will lose $$$.Bluemont was about 30cts in Jan 2013,hence majority would have lost $$$ unless they took profits along the way..quite tempting to buy now

explosive2013 ( Date: 16-Oct-2013 11:03) Posted:



0.05 will be the lowest. those right issue holder will keep on selling. they still making profit as the right issue share price is super damn low.

i believe will drop to 0.05 by this friday. everyone standby cash to get ready to sapu all at 0.05 - 0.06

Posted by albertlaw > 2013-10-18 15:09 | Report Abuse

1Q14 revenue jumped 34.6% mainly attributed to revenue recognition from its Gold Mining Division which was absent in the corresponding qtr last year.Coupled with higher other income as a result of fair value gain on financial assets,Lion Gold turned the corner to report a net profit of S$2.6mil..from latest share investmentLaughingBounce

LionGold has FYE 31 March

Bluemont's 1H13 revenue rose 18.3% underpinned from higher contributions but earnings slumped due to a sharp drop in other net gains 1H13 $12.2mil verses 1H12 $28.5 mil.Bluemont has been profitable since 31 Dec 2009

Asiasion sunk into the red for 1H13 $1.554mil although Asiasions has remained profitable since 31 Dec 2009

edwinjup ( Date: 18-Oct-2013 10:57) Posted:

Past few days ..market flood with lots of bad rumours like cad or mas suspend or etc...with sgx chief confirmed lifting will be very soon...I think rumours is unfounded...

Posted by Nallayak > 2013-10-18 21:39 | Report Abuse

designation for all 3 counters lifted, the blind leading the blind, Nasdaq electronic broker got 70 clients losses from $10M to $200M due to designation, law suits may fly in US

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

the strongest of the three should get to 40

Posted by albertlaw > 2013-10-21 13:00 | Report Abuse

Not too late ..shares forced sell kenna so artifically low..


.bought liao...11.8-13cts LionGold and Asiasions..and a bit of bluemont.. Business Times dated 21Oct 2103..First Qtr LionGold made $235mil attributable to shareholders NTA 25.5cts based on outstanding 921mil shares 23mil cash on hand debt gearing 12cts..has been > 70cts since Jan 2100 and hit high $1.755 on Aug 27 2013 and last time trading 15-20cts was in June 2009 Asiasons recorded $177mil for 2nd Qtr ended NTA 18cts cash on hand $13.6mil gearing 22cts > 30cts since May 2012 hit high $2.68 on Sept 24 2013 The 2 fundamentally still sound stocks..never mention Bluemont?? Confidence returning..buy more and keep longer term.. No. Stock Order Submitted Quantity Price Share Value Action 1 LionGold Buy 21/10/13 12:33pm 165,000 0.260 SGD42,900.000

starlene ( Date: 21-Oct-2013 11:29) Posted:



Business Times dated 21Oct 2103..First Qtr LionGold made $235mil attributable to shareholders NTA 25.5cts based on outstanding 921mil shares 23mil cash on hand debt gearing 12cts..has been > 70cts since Jan 2100 and hit high $1.755 on Aug 27 2013 and last time trading 15-20cts was in June 2009



Asiasons recorded $177mil for 2nd Qtr ended NTA 18cts cash on hand $13.6mil gearing 22cts > 30cts since May 2012 hit high $2.68 on Sept 24 2013



The 2 fundamentally still sound stocks..never mention Bluemont??

Posted by inphyy > 2013-10-21 17:11 | Report Abuse

Bluemont Vs LionGold or both....let me think tonite

Posted by Nallayak > 2013-10-21 17:52 | Report Abuse

lion gold out rt winner

Posted by Nallayak > 2013-10-22 08:51 | Report Abuse

BT reported says Liongold 40 to 50

Posted by ntbg3933 > 2013-10-22 10:04 | Report Abuse

Any indications?

Posted by ntbg3933 > 2013-10-22 10:44 | Report Abuse

Can anyone advise if it is a good time to enter, and targeted price point? :)

Posted by Nallayak > 2013-10-22 11:03 | Report Abuse

Lion went up too fast buy Asiason better queue

Posted by ntbg3933 > 2013-10-22 11:42 | Report Abuse

THanks

Posted by inphyy > 2013-10-22 14:08 | Report Abuse

hmmm.... lose steam. Still waiting for comfortable price

Posted by Nallayak > 2013-10-22 14:45 | Report Abuse

q and managed to add more at 315

Posted by inphyy > 2013-10-22 17:10 | Report Abuse

Today no vest yet. Wanted to clear some old holding first

Posted by Nallayak > 2013-10-22 18:19 | Report Abuse

the best of class and most preferred but Asiaons more tightly shareholders structure

Posted by ntbg3933 > 2013-10-23 08:39 | Report Abuse

:) Hopefully today will be a good day

Posted by inphyy > 2013-10-23 12:43 | Report Abuse

Vested at 0.29. Let have group prayer

Posted by alaxgray > 2013-10-23 20:53 |

Post removed.Why?

Posted by inphyy > 2013-10-24 13:45 | Report Abuse

hmmm...dont think will accumulate more. Market sentiment weight

Posted by Nallayak > 2013-10-24 16:30 | Report Abuse

stik to Asiasons better afterall the 3 moved up or dwn in tandem

Posted by davidjackson > 2013-10-25 14:00 | Report Abuse

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Posted by Nallayak > 2013-10-28 17:43 | Report Abuse

tomorrow shortist will short this below 20c

Posted by Nallayak > 2013-10-31 16:47 | Report Abuse

follow Asiasons in recovering

Posted by Nallayak > 2013-10-31 18:08 | Report Abuse

impressive turnaround and impressive golden exploration results

Posted by Nallayak > 2013-11-01 20:39 | Report Abuse

The Edge reported that $192M worth of LionG stk was shorted, amazingly it still survive to tell no tales yet