Shares & Derivatives
Of SGX, Penny stocks and Privatisation
By Singapore Stocks Investing (SSI)  •  April 18, 2014
I am still waiting for SGX to release its findings into what is dubbed as the “penny stocks rout” of Oct 2013. But already, investors have seen some “follow-up actions” by the authorities (be it SGX or not) when CAD started to question many CEOs and Directors of some “penny stocks firms”. I think investors’ confidence in penny stocks could only be restored once the results of the investigation are released. Trading in SGX could have been on a much smaller scale as a result of the “no-interest in penny stocks” for the time being, if not for the interest in potential privatisation stocks. This interest in potential privatisation stocks, has perhaps, in my opinion, explained the rise of the STI while other regional stocks did not fare as well. While privatisation can make our stocks markets “exciting”, I think SGX can look into the reason of more companies and ......
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By Singapore Stocks Investing (SSI)
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