SG Talk
I tried to queue buy SPH before market open..broker's platform failed me. - Printable Version

+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: I tried to queue buy SPH before market open..broker's platform failed me. (/Thread-I-tried-to-queue-buy-SPH-before-market-open-broker-s-platform-failed-me)



I tried to queue buy SPH before market open..broker's platform failed me. - sgbuffett - 03-08-2021

Submitted to buy at 8am at $1.92 to hold for fair consideration of $2.1 a 10% arbitrage gain.

Key in no error submitted...and don't bother...just wait.

Lunchtime check stock price had day low of $1.91. How come I did not get sms and email today order done. 

Went to the app to check. No order done. My order was not captured....

Now I have to key in an queue at the back of $1.92 buy queue.

Oh what a bummer!


RE: I tried to queue buy SPH before market open..broker's platform failed me. - hansamu - 03-08-2021

Very strange indeed.

Still positive and bullish..., ?
Sure make $???


RE: I tried to queue buy SPH before market open..broker's platform failed me. - sgbuffett - 03-08-2021

(03-08-2021, 01:38 PM)hansamu Wrote:  Very strange indeed.

Still positive and bullish..., ?
Sure  make $???
Fair consideration is $2.10. Stock now 1.92/1.93.

Just do a simple calculation ....do you make or lose?


RE: I tried to queue buy SPH before market open..broker's platform failed me. - starbugs - 03-08-2021

Based on the latest KepReit and SPHReit prices, the offer value has dropped to under $1.98. Also, note that 75% of SPH shareholders must agree. There may be enough shareholders to take umbrage and vote no.


RE: I tried to queue buy SPH before market open..broker's platform failed me. - sgbuffett - 03-08-2021

(03-08-2021, 01:42 PM)starbugs Wrote:  Based on the latest KepReit and SPHReit prices, the offer value has dropped to under $1.98. Also, note that 75% of SPH shareholders must agree. There may be enough shareholders to take umbrage and vote no.

You are mistaken it's $2.05....if it goes lower I will cancel and not waste my time.