| Latest Forum Topics / Informatics |
 Post Reply
|
|
Road to recovery in next 1-2 years
|
|||||
|
louis001
Master |
24-Jul-2010 09:13
|
||||
|
x 0
x 0 Alert Admin |
Yes, I agree, it was over long ago. Informatics may be on its way up,,,who knows? What people will say depend on their feelings and whether they have informatics share or burnt before. At the end, it is individual choice and judgement. Like all transactions, there will be buyers and sellers. |
||||
| Useful To Me Not Useful To Me | |||||
|
moneycow
Master |
23-Jul-2010 23:49
|
||||
|
x 0
x 0 Alert Admin |
Charged was carried out in 2009, but the actual case happen many years before that.........And it was under new management for long time already.......... Its a very old story of wrong doing of the management that brought informatics down to its kneels. The company have learnt form that bad patch not to repeat those criminal act.......... The case was in early late 1999 or 2000... from what I understand... But those whom were involve in the dishonest act case...was investigated and charged.. Now everything was revamp...
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
moneycow
Master |
23-Jul-2010 23:42
|
||||
|
x 0
x 0 Alert Admin |
Why they cannot be a come back kid just like Ossim ? Ossim was down to 4 cents also then only a year back climb back almost daily to $1 above today. Profitabilty matters to share holder- if no faith - simply stay out. Do not speculate. And past comment that make other lost their chance on a bet on it for the mid term. I am sure there were naysayer when Ossim was down at 4 cents- ppl say, better not punt, it may bankrupt so and so.............. see how is it today ? Those naysayer are licking their wounds and those whom listen to them blindly, also muissed the boat sing the same song. After all, Informatic was the establish private educator till its former management artificially inflated its book and brought it down to its kneel and then Raffles Edu become the big fish that went up and filled the vacuum in the private education business......... its all history now... Raffles edu is also going thru bad patches after a golden era. Informatic, getting into the black after many years of red, is a good sign. Interest in its share is starting to pick up. Having say all, not sure if "its out of the wood as one writer wrote some years back........... It might be the awakening... Like ossim.......once its starting to make money every quarter...share price goes up, few cents, stay for a while, fall a bit, goes up few cents again... and up , stay up stay, up ,up..eventually it hits the $1 mark...... Informatic could be going on the same route of recovering its former glory.. But it have to make money.. expand, announce good result.. if possible give small dividends for a start.. In 2 or 3 years down the road........ no one knows where will it be compare to today and days before the less then 10 cents share like Ossim once used to be... As. what most ppl end up saying, do your own research, if you have faith in it, invest. if not.leave it in peace and do not speculate or laugh when there are huge volume and suspect this and that.. Those whom laugh when ossim move up slowly but surely after years of looses and make good profits quarter after quarter must be crying in their heart.... in their mind, they will always reminds them self....if they have invested 200 or 500 lots and hold till today when it falls to 4 cent and hang around there for a while... today they will be handsomely rewarded fore their faith.. So laugh how much you want.... in the end, others are laughing all the way to the bank and you whom got left behind again will be crying again :) Good Luck. No intention to ask anyone to buy. Just tell you the story of a fallen jewel, and once upon a time no one wants it.. the ossim story.. Informatics have that almost same foundation and background...the only difference is that, Ossim had made it back Informatics have not...but may be on its way... :) ....so go ahead and laugh all you can.   |
||||
| Useful To Me Not Useful To Me | |||||
|
pharoah88
Supreme |
23-Jul-2010 18:10
|
||||
|
x 0
x 0 Alert Admin |
There must be DETERRENT EFFECT on Top Level Criminals on Top Level PUBLIC CRIMES WHITE COLLAR FRAUD S$1 Million and above should be HUNG . . . . WHTIE COLLAR FRAUD below S$1 Mission should be CANNED 14 and JAILED for 14 years . . . . The SCALE of DAMAGE DONE to the PUBLIC is much MUCH MORE than 25 grams of DRUG ? ? ? ? |
||||
| Useful To Me Not Useful To Me | |||||
|
pharoah88
Supreme |
23-Jul-2010 18:02
|
||||
|
x 0
x 0 Alert Admin |
http://sgfraud.blogspot.com/2009/06/informatics-affair-2.html Monday, June 22, 2009The Informatics affair 2Continued from previous post. The District Court considering facts that he was a first time offender and was not personally involved in theSome of Infomatics' top executives were charged in court with the creative accounting practices used by IGSPL (Informatics Group Singapore Pte Ltd). They were Wong Tai and Ong Boon Kheng. Wong Tai, Chairman and non-executive director of IHL Ltd, was charged under the Securities and Futures Act with 2 charges of making false statements by misstating the company's profits in 2 quarterly income statements by by $4.18 million and $0.84 million. He pleaded guilty to 2 charges, with 2 others to be taken into consideration. preparation of the financial statements fined him $120,000 on each of the charges. Ong Boon Kheng, Chief Executive Officer of Informatics at the relevant time, claimed trial. He was charged with 4 counts, 3 of which related to false accounting in the first, second and third quarters 2003 financial statements of the company while the 4th related to a statement made to the Singapore Exchange, SGX. Tan Cheng Han, specialist district judge (and also Dean of the Faculty of Law, National University of Singapore) sentenced him to a total fine of $445,000. Ong was also ordered to pay prosecution costs of $45,400 for the 28 day trial. The sentences were upheld by High Court judge Tay Yong Kwang on appeal. The above convictions are probably sufficient to disqualify the above 2 directors from acting as directors under the Companies Act. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
pharoah88
Supreme |
23-Jul-2010 17:56
|
||||
|
x 0
x 0 Alert Admin |
http://sgfraud.blogspot.com/2009/06/informatics-affair-1.htmlMonday, June 22, 2009The Informatics affair 1False accounting issues in relation to IGSPL's 2003 financial statements involved approved in principle revenue (AIP revenue) and international student recruitment revenue (ISRR). Informatics Holdings Ltd is a listed company which is one of the largest education providers in Singapore. One of its subsidiaries is Informatics Groups Singapore Pte Ltd (IGSPL).
AIP revenue involved student fees from local students. IGSPL has standing arrangements with financial institutions to provide loans to students for to finance their studies. It is not totally clear but it appears that the students only signed up with the school on the basis that their student fees would be paid through loans arranged by the school. The school here recogised revenue from student fees when the student was registered, rather than when approval for the student loans were obtained. ISRR is revenue from foreign students studying in Singapore. Under Singapore law, each such student can only commence his studies after approval from the government body, Immigration and Checkpoints Authority (ICA). However, IGSPL recognised the revenue from these students even before approval had been obtained fro ICA. This was based on its past experience that The above 2 accouting procedures adopted by IGSPL contradict the accounting principle that revenue from services should only be recognised when the service has been rendered to the customer.
|
||||
| Useful To Me Not Useful To Me | |||||
|
keepinvest
Senior |
23-Jul-2010 17:48
|
||||
|
x 0
x 0 Alert Admin |
Definitely not going in now. Too risky. | ||||
| Useful To Me Not Useful To Me | |||||
|
francisd
Veteran |
23-Jul-2010 15:02
Yells: "BUY LOW SELL HIGH" |
||||
|
x 0
x 0 Alert Admin |
Tread carefully on this one. You might get caught with the high price. SGX had querried and the answer is as usual, NO IDEA WHY IT IS MOVING. Ha ha ha.. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
keepinvest
Senior |
23-Jul-2010 13:03
|
||||
|
x 0
x 0 Alert Admin |
I can't believe that. They have to show a fantastic financial report to support this price. |
||||
| Useful To Me Not Useful To Me | |||||
|
cathylmg
Elite |
23-Jul-2010 12:05
|
||||
|
x 0
x 0 Alert Admin |
woh! whats going on here? rotational play or something? | ||||
| Useful To Me Not Useful To Me | |||||
|
keepinvest
Senior |
23-Jul-2010 08:39
|
||||
|
x 0
x 0 Alert Admin |
Hope it can hold to trigger other penny to move as well. | ||||
| Useful To Me Not Useful To Me | |||||
|
keepinvest
Senior |
22-Jul-2010 16:51
|
||||
|
x 0
x 0 Alert Admin |
You must be kidding! This is going a bit too far 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Hulumas
Supreme |
22-Jul-2010 16:41
Yells: "INVEST but not TRADE please!" |
||||
|
x 0
x 0 Alert Admin |
Yes, rotational interest starts!
|
||||
| Useful To Me Not Useful To Me | |||||
|
wishbone
Master |
22-Jul-2010 16:30
|
||||
|
x 0
x 0 Alert Admin |
Amazing. Now at 0.030/0.035. Last done 200% up. NV  |
||||
| Useful To Me Not Useful To Me | |||||
|
keepinvest
Senior |
22-Jul-2010 15:36
|
||||
|
x 0
x 0 Alert Admin |
No joke. People want to buy its warrant at 2.5c, 150% up from this morning 1c I should have just bought it at 1c rather than queuing at 0.5c for a week for nothing, and now only to see the price flies. |
||||
| Useful To Me Not Useful To Me | |||||
|
keepinvest
Senior |
22-Jul-2010 13:01
|
||||
|
x 0
x 0 Alert Admin |
Wow, great move. Its warrant is even impressive (up 100%). Maybe this is a sign of penny move. |
||||
| Useful To Me Not Useful To Me | |||||
|
cathylmg
Elite |
10-May-2010 13:18
|
||||
|
x 0
x 0 Alert Admin |
Steady again. | ||||
| Useful To Me Not Useful To Me | |||||
|
cathylmg
Elite |
03-May-2010 13:00
|
||||
|
x 0
x 0 Alert Admin |
Today looks like not much movement at all. | ||||
| Useful To Me Not Useful To Me | |||||
|
teeth53
Supreme |
30-Apr-2010 22:28
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
teeth53 thot: Just painting another scene, think BBs who may have knew 2-3 mths ago, oredi run road liao. |
||||
| Useful To Me Not Useful To Me | |||||
|
tanstg
Senior |
30-Apr-2010 22:03
Yells: "Learn as I trade and trade as I understand" |
||||
|
x 0
x 0 Alert Admin |
the road is still long.... we can still fish them along the way.... as long as we think our is fat enough just fried it before it is dead.... thoery 1: No one can catch the peak thoery 2: No one know where is the bottom.
|
||||
| Useful To Me Not Useful To Me | |||||