OUE Lippo Healthcare *Official* (SGX: 5WA)

wahkao3

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IHC, INTL HEALTHWAY CORP Plunged 68% today! Come in and analyse what happen,how to avoid such event

what financial engineering are they doing? anyone can break it down?

:eek::eek::eek:

StaP4Cz.png
 
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wahkao3

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what financial engineering are they doing? anyone can break it down?
 

SpinFire

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So many penny crashes in SGX. Even more retailers will lose confidence in SGX
 

Mecisteus

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too many landmines on SGX. best is to stay away and stick with the bigger caps.
 

wahkao3

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yes yes its a landmine
lets analyse what went wrong and how to avoid such a landmine, thats most important so we can all learn
 
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An issue with healthcare stocks is that PE ratio is generally very high. Look at RMG. 1 short report or 1 fraud committed by an individual is enough to send the stock plunging from 40 times PE to a more reasonable 10-20.
 
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wahkao3

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An issue with healthcare stocks is that PE ratio is generally very high. Look at RMG. 1 short report or 1 fraud committed by an individual is enough to send the stock plunging from 40 times PE to a more reasonable 10-20.

PE ratio is not a magic number.

IHC PE ratio is already pretty low at 8 pre-crash
how u explain that? :s11::s11:
 
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I can think of lack of liquidity + fear.
Investors running for the door once they heard of management manipulation but the door is lock because they cannot find a counterparty to sell to.

PE ratio is not a magic number.

IHC PE ratio is already pretty low at 8 pre-crash
how u explain that? :s11::s11:
 

wahkao3

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I can think of lack of liquidity + fear.
Investors running for the door once they heard of management manipulation but the door is lock because they cannot find a counterparty to sell to.
is there really management manipulation?
Where did you get this piece of information??? source pls :s11::s11:
 
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That's how the market interpreted it. What they did was a dishonest act which made investors panicked. And my guess is they manipulated the market for their personal gain although the actual investigation will take years to prove legally.

is there really management manipulation?
Where did you get this piece of information??? source pls :s11::s11:
 

wahkao3

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SGX in its review of trading in IHC shares had indicated that over 60 per cent of the trades since April were conducted by a handful of individuals "who seem to be connected to each other".

so what if they are connected to each other? that doesnt necessarily means manipulation mah? Market really like to come out with its own assumptions
also, there is no mention that these individuals are from management

again, groundless assumptions
 
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Enough to drive the stock down 70%.
If ah gong is still around you may want to ask him why his son is coincidentally the PM and his other son is once the CEO of Singtel.
This is why connection is so sensitive because it stands to benefit the parties involved, often at the expense of others.


QUOTE=wahkao3;96724373]so what if they are connected to each other? that doesnt necessarily means manipulation mah? Market really like to come out with its own assumptions
also, there is no mention that these individuals are from management

again, groundless assumptions[/QUOTE]
 
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"Don't worry about failures, worry about the chances you miss when you don't even try." --Jack Canfield

Trust your own instinct.

:eek::s11::s22:
 
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