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NEWS: SGX aims to reduce board lot size to 100 units
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19-08-2013 10:30 PM
Post: #31
reallymeh Offline
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19-08-2013 09:40 PMsupermonkey Wrote:BAD 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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19-08-2013 10:30 PM
Post: #32
oldbird Online
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19-08-2013 10:19 PMkopihothot Wrote:1st thing to do is to buy 1 share in every counter, and 10 plastic containers for food........huat ahh clapclapclap

good ideas....


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19-08-2013 10:32 PM
Post: #33
ag88 Offline
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19-08-2013 09:51 PMjiro Wrote:they 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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19-08-2013 10:33 PM
Post: #34
saucepot Offline
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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....
(This post was last modified: 19-08-2013 10:35 PM by saucepot.)
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19-08-2013 10:34 PM
Post: #35
EXBB Offline
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19-08-2013 09:51 PMjiro Wrote:they 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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19-08-2013 10:37 PM
Post: #36
jokerman Offline
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hard times to make money if reduce to 1 share......
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19-08-2013 10:38 PM
Post: #37
renaitre2011 Offline
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Posts: 369
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19-08-2013 09:40 PMsupermonkey Wrote:BAD 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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19-08-2013 10:40 PM
Post: #38
CFD king Offline
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Now already so diffcult to contra...reduce to 100 unit , dont knw wht to say
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19-08-2013 10:40 PM
Post: #39
kopihothot Offline
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Posts: 822
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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


Peace comes from within. Do not seek it without. Those who are free of resentful thoughts surely find peace.
We are shaped by our thoughts; we become what we think. When the mind is pure, joy follows like a shadow that never leaves.
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19-08-2013 10:41 PM
Post: #40
EXBB Offline
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Posts: 7,283
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19-08-2013 09:40 PMsupermonkey Wrote:BAD 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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