RH Petrogas

shd be margin call. no monie to topup so end up force selling on the innocent counters.

when broken hse force selling, players all go short to make monie

John Lee - It doesn't matter how low the share price will go on the open market and/or the placement subscription could be in jeopardy now because the BBs have already cashed out their gambling chips for real money on 3 Oct 2013. This is the same old dirty trick played time and again, nothing new.

The actors and their roles:

The broker report was issued by OSK.

The placement agent for RH PetroGas at S$0.63 per share was UOB Kay Hian Private Limited .

On 3 Oct 2013, RH PetroGas's share price hit a historical high of S$0.945 and on the same day, MayBank KE announced that it had ceased to be a SSH of RH PetroGas.

It had pared down its stake from 5.036% to 4.654%. Has it gone further down since then?

Hmmm..will see TGIF will test water 0.81

inphyy wrote: Hmmm..will see TGIF will test water 0.81

Please let my dream come true...need not be today. If possible will be good.

me want to eat lobster meal

I think the stock will not be able to resist a fall next week. 3Q will be loss-making -- surprise! Full year will also be loss making.

-- a write-off of approximately US$8.0 million at Basin PSC.

-- a provision of approximately US$3.8 million, mainly in respect of certain inventories which have become obsolete at Island PSC.