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NEWS: SGX aims to reduce board lot size to 100 units
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19-8-2013 10:30 PM
reallymeh Offline
Senior Member

Posts: 850
Reputation: 1
19-8-2013 9:40 PMsupermonkey wroteBAD IDEA!!!

last time when the bidding was 0.5 cents, shares chiong very fast.

eg: Villanz, last time 4 cents can chiong to 25 cents in a few days when the increment was 0.5 cents.

Now with this stupid 0.1 cents increment, it could only go up very slowly from 4 cents to the most 6 cents.

Now with this 100 units board lot, even worse. U see even slower chiong. U will see kiasu ppl selling 100 units by 100 units... terrible I tell u..

I got proof:

http://imageshack.us/f/515/42674298.jpg/

agreed... can wait until neck long long before your transaction is completed. Its a damn stupid idea from the ang mo .
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19-8-2013 10:30 PM
oldbird Online
Elite Senior

Posts: 10,666
Reputation: 13
19-8-2013 10:19 PMkopihothot wrote1st thing to do is to buy 1 share in every counter, and 10 plastic containers for food........huat ahh clapclapclap

good ideas....


thumbs upthumbs upthumbs upthumbs upthumbs up
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19-8-2013 10:32 PM
ag88 Offline
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Posts: 2,882
Reputation: 9
19-8-2013 9:51 PMjiro wrotethey want to stop contra and follow USA trading(cash nia)!!

without contra mkt would be so quiet u can hear a pin drop Laughing:
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19-8-2013 10:33 PM
saucepot Offline
Senior Member

Posts: 1,333
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...I think from 1000 to 100 units still 'reasonable' for blue chips / big cap stocks..., but to 1 share for general securities not necessary....

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(This post was last modified: 19-8-2013 10:35 PM by saucepot.)
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19-8-2013 10:34 PM
EXBB Offline
Guru

Posts: 24,060
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19-8-2013 9:51 PMjiro wrotethey want to stop contra and follow USA trading(cash nia)!!

stop contra ,SGX can close shop !! Rolling on the flor laughing:
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19-8-2013 10:37 PM
jokerman Offline
Member

Posts: 243
Reputation: 1
hard times to make money if reduce to 1 share......
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19-8-2013 10:38 PM
renaitre2011 Offline
Senior Member

Posts: 362
Reputation: 4
19-8-2013 9:40 PMsupermonkey wroteBAD IDEA!!!

last time when the bidding was 0.5 cents, shares chiong very fast.

eg: Villanz, last time 4 cents can chiong to 25 cents in a few days when the increment was 0.5 cents.

Now with this stupid 0.1 cents increment, it could only go up very slowly from 4 cents to the most 6 cents.

Now with this 100 units board lot, even worse. U see even slower chiong. U will see kiasu ppl selling 100 units by 100 units... terrible I tell u..

I got proof:

http://imageshack.us/f/515/42674298.jpg/

Those were the days. I remember the bank counters were 10 cents each bid. So exciting.

After the game, the king and the pawn go into the same box.
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19-8-2013 10:40 PM
CFD king Online
Senior Member

Posts: 1,809
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Now already so diffcult to contra...reduce to 100 unit , dont knw wht to say
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19-8-2013 10:40 PM
kopihothot Online
Senior Member

Posts: 1,332
Reputation: 3
now for some penny counters want to buy enough shares to offset min. comm. already very difficult and ended up broker big huat.........all the conditions not ready how to implement? Stupid idea.......Confusedh%t

btw, million $$$ salary how come so easy to earn wan? Everything is consultation with public, conversation from public vomitvomitvomit


Hope and fear are both phantoms that arise from thinking of the self.
When we don't see the self as self, what do we have to fear?
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19-8-2013 10:41 PM
EXBB Offline
Guru

Posts: 24,060
Reputation: 34
19-8-2013 9:40 PMsupermonkey wroteBAD IDEA!!!

last time when the bidding was 0.5 cents, shares chiong very fast.

eg: Villanz, last time 4 cents can chiong to 25 cents in a few days when the increment was 0.5 cents.

Now with this stupid 0.1 cents increment, it could only go up very slowly from 4 cents to the most 6 cents.

Now with this 100 units board lot, even worse. U see even slower chiong. U will see kiasu ppl selling 100 units by 100 units... terrible I tell u..

I got proof:

http://imageshack.us/f/515/42674298.jpg/

yes ..gonecase SGX ,only BB can afford to buy huge lots of penny stock to rip faster profits ....those poor day traders die pain pain ..Rolling on the flor laughing:
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