$YZJ Shipbldg SGD (BS6.SG)$ 23sep SGX query for price spike. Claimed no idea. Now they release news on a bunch of contract wins.. This is happening everywhere globally and yet nothing is done, manipulations and leaking of info before official announcements. Ppl with intel should just share, feign ignorance and benefit fellow mooers. We need to level the field.
Vested btw.. directors should be punished.
Vested btw.. directors should be punished.
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$YZJ Shipbldg SGD (BS6.SG)$
there will always be profit takers..everyone has their own positions/objectives.
imo, even if you half estimated valuations for both entities, it's still not expensive.. considering the recovery of many markets, im optimistic on the future growth
there will always be profit takers..everyone has their own positions/objectives.
imo, even if you half estimated valuations for both entities, it's still not expensive.. considering the recovery of many markets, im optimistic on the future growth
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$Futu Holdings Ltd (FUTU.US)$
Closing down would be quite far fetched. I think the issue is the uncertainty around impending regulatory scrutiny since Futu does not have a China brokerage license but do offer services in and around trading for mainland users that may or may not constitute a breach of regulations. So very much dependent on how the Chinese regulators want to play this. Fintech, especially for offering cross-border transactions, is after all evolving and should be allowed more time and guidance to be compliant.
Those holding brace yourselves.. those intending to buy should wait and time. Personal opinion.. long term prospects should bode well. But are you willing to ride out the storm?
Closing down would be quite far fetched. I think the issue is the uncertainty around impending regulatory scrutiny since Futu does not have a China brokerage license but do offer services in and around trading for mainland users that may or may not constitute a breach of regulations. So very much dependent on how the Chinese regulators want to play this. Fintech, especially for offering cross-border transactions, is after all evolving and should be allowed more time and guidance to be compliant.
Those holding brace yourselves.. those intending to buy should wait and time. Personal opinion.. long term prospects should bode well. But are you willing to ride out the storm?
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