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Bigmama Master	01-Jul-2013 20:03        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Most probably it is nothing.... Happened a lot of times in the past 5 months. sololemontang      ( Date: 01-Jul-2013 17:12) Posted: Somebodu stack 15million to sell at 26. Clearly a big boy want to prevent ipco from shooting up. Why? Let time tell.. maybe they doing some insider trades Maybe they really want to keep an upcomming big plan hush hush!
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Emptyhand Senior	01-Jul-2013 17:45        Emptyhand About Contact  Quote this Post! Style: Combined   Mood: Yells: "greenhorn !"
x 0   x 0  Alert Admin	15mill !! sololemontang      ( Date: 01-Jul-2013 17:12) Posted: Somebodu stack 15million to sell at 26. Clearly a big boy want to prevent ipco from shooting up. Why? Let time tell.. maybe they doing some insider trades Maybe they really want to keep an upcomming big plan hush hush!
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sololemontang Member	01-Jul-2013 17:12        sololemontang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Somebodu stack 15million to sell at 26. Clearly a big boy want to prevent ipco from shooting up. Why? Let time tell.. maybe they doing some insider trades Maybe they really want to keep an upcomming big plan hush hush!
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jomini Veteran	01-Jul-2013 11:40        jomini About Contact  Quote this Post!   Yells: "slow down, think, question"
x 0   x 0  Alert Admin	might want to review ur acct knowledge. cashflow is not profit under accrual system... terencefok      ( Date: 30-Jun-2013 22:20) Posted: But profit before tax included the revaluation gain, so if short term investment and trading activities are not a core part of their operations, then they would have to minus the gain in operating activities to derive operating profit. Thats how I interpret the data. jomini      ( Date: 30-Jun-2013 21:06) Posted: revaluation gain is taken out not coz its not part of operations but coz its not doesnt affect cashflow. no money comes to u from u marking up ur investments on ur excel sheet. at least thats what i rmb from acct class. dont rmb e exact details now. but if its really not taken out then it might be a little worryin
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terencefok Master	30-Jun-2013 22:20        terencefok About Contact  Quote this Post!
x 0   x 0  Alert Admin	But profit before tax included the revaluation gain, so if short term investment and trading activities are not a core part of their operations, then they would have to minus the gain in operating activities to derive operating profit. Thats how I interpret the data. jomini      ( Date: 30-Jun-2013 21:06) Posted: revaluation gain is taken out not coz its not part of operations but coz its not doesnt affect cashflow. no money comes to u from u marking up ur investments on ur excel sheet. at least thats what i rmb from acct class. dont rmb e exact details now. but if its really not taken out then it might be a little worrying terencefok      ( Date: 30-Jun-2013 17:31) Posted: But take a look at their cash flow statements, under operating activities, normally most companies will minus off any revaluation gain on investments as it is not part of their " operations" . Meaning to say exclude revaluation gain then you get profit from " ordinary operations" .   However, IPCO does not have this item in operating cash flows, means trading and investment in securities is part of their " ordinary operations" . Furthermore, they have also proved to have been managing excess cash pile well thus far. In my opinion, well cash itself is not generating any returns unless it is put to work. Cash can be put to work either through operations or investments. Naturally as most assets are cash and investment securities they will trade below NAV, but such a steep discount? I dont think it should be the case. What do you guys think?
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jomini Veteran	30-Jun-2013 21:06        jomini About Contact  Quote this Post!   Yells: "slow down, think, question"
x 0   x 0  Alert Admin	revaluation gain is taken out not coz its not part of operations but coz its not doesnt affect cashflow. no money comes to u from u marking up ur investments on ur excel sheet. at least thats what i rmb from acct class. dont rmb e exact details now. but if its really not taken out then it might be a little worrying terencefok      ( Date: 30-Jun-2013 17:31) Posted: But take a look at their cash flow statements, under operating activities, normally most companies will minus off any revaluation gain on investments as it is not part of their " operations" . Meaning to say exclude revaluation gain then you get profit from " ordinary operations" .   However, IPCO does not have this item in operating cash flows, means trading and investment in securities is part of their " ordinary operations" . Furthermore, they have also proved to have been managing excess cash pile well thus far. In my opinion, well cash itself is not generating any returns unless it is put to work. Cash can be put to work either through operations or investments. Naturally as most assets are cash and investment securities they will trade below NAV, but such a steep discount? I dont think it should be the case. What do you guys think?
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srichipan Master	30-Jun-2013 20:00        srichipan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for sharing! Understood now terencefok      ( Date: 30-Jun-2013 18:49) Posted: To add on, Available-for-Sale Financial Assets refers to Financial Assets without intention for disposal in the coming 12 months or less. Investments bought with intention for disposal in the coming financial year are classified as Financial Assets at Fair Value Through Profit & Loss.   Hope this helps.
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terencefok Master	30-Jun-2013 18:49        terencefok About Contact  Quote this Post!
x 0   x 0  Alert Admin	To add on, Available-for-Sale Financial Assets refers to Financial Assets without intention for disposal in the coming 12 months or less. Investments bought with intention for disposal in the coming financial year are classified as Financial Assets at Fair Value Through Profit & Loss.   Hope this helps.
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terencefok Master	30-Jun-2013 18:45        terencefok About Contact  Quote this Post!
x 0   x 0  Alert Admin	The minus under working capital changes in operating activities is not realised gain or loss. It means they used cash to purchase investments, hence showing a negative amount. It is a different meaning if this amount was one of the figures used to calculate Operating Profit Before Working Capital Changes
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srichipan Master	30-Jun-2013 18:16        srichipan About Contact  Quote this Post!
x 0   x 0  Alert Admin	They did minus off realized gains from their operating cash flow right? That's why operating cash flow is negative terencefok      ( Date: 30-Jun-2013 17:31) Posted: But take a look at their cash flow statements, under operating activities, normally most companies will minus off any revaluation gain on investments as it is not part of their " operations" . Meaning to say exclude revaluation gain then you get profit from " ordinary operations" .   However, IPCO does not have this item in operating cash flows, means trading and investment in securities is part of their " ordinary operations" . Furthermore, they have also proved to have been managing excess cash pile well thus far. In my opinion, well cash itself is not generating any returns unless it is put to work. Cash can be put to work either through operations or investments. Naturally as most assets are cash and investment securities they will trade below NAV, but such a steep discount? I dont think it should be the case. What do you guys think?
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terencefok Master	30-Jun-2013 17:31        terencefok About Contact  Quote this Post!
x 0   x 0  Alert Admin	But take a look at their cash flow statements, under operating activities, normally most companies will minus off any revaluation gain on investments as it is not part of their " operations" . Meaning to say exclude revaluation gain then you get profit from " ordinary operations" .   However, IPCO does not have this item in operating cash flows, means trading and investment in securities is part of their " ordinary operations" . Furthermore, they have also proved to have been managing excess cash pile well thus far. In my opinion, well cash itself is not generating any returns unless it is put to work. Cash can be put to work either through operations or investments. Naturally as most assets are cash and investment securities they will trade below NAV, but such a steep discount? I dont think it should be the case. What do you guys think?
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jomini Veteran	29-Jun-2013 18:44        jomini About Contact  Quote this Post!   Yells: "slow down, think, question"
x 0   x 0  Alert Admin	its really not getting controlled. its just something that looks spiffy most of its profits are from valuations while its bleeding cash from its normal operations. and the moment it declares it is selling out as a substantial holder of other penny stocks, others would probably follow and crash these pennies. so the fair value prob has to be impaired to be fair the most we can do is to follow the pump n dump guys. flip then hope there's someone out there to hold the bag fijiou      ( Date: 29-Jun-2013 14:27) Posted: yep agree.  ipco has huge potential  but its just being controlled very strongly at the moment. Also, ipco will only move by news. I guess much of the public are waiting for some good company news or investment decisions from that huge pile of cash  before they  consider pumping money in. But  ipco  seems very  quiet on their news.  Not meant for weak holders. For those  vested, just be patient. Those thinking of cutting losses, be patient  at least until the  end of the year **if u r on paper loss now** or decide to continue holding. Just  my opinion.
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Bigmama Master	29-Jun-2013 15:03        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Super!!! But still .... I will be surprise if it can close 2.8 cents on Monday. guoyanyunyan      ( Date: 29-Jun-2013 09:16) Posted: ...Ipco earning per share surge more than 800%...     EPS for FY 04/2013: 1.61 cents     EPS for FY 04/2012 : 0.19 cents    ...NAV improve to $0.080 ...Prev Close: 2.50 cents ...
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Bigmama Master	29-Jun-2013 14:59        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Everyone knew about all the good points of ipco for months and months but no one wants or will push it higher. Ipco is no "Singing Bones". Lol. gohuatah      ( Date: 29-Jun-2013 12:05) Posted: Ipco will be worth easily above 5cents...
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fijiou Member	29-Jun-2013 14:27        fijiou About Contact  Quote this Post! Style: Technical   Mood: Yells: "Your actions are your only true belongings."
x 0   x 0  Alert Admin	yep agree.  ipco has huge potential  but its just being controlled very strongly at the moment. Also, ipco will only move by news. I guess much of the public are waiting for some good company news or investment decisions from that huge pile of cash  before they  consider pumping money in. But  ipco  seems very  quiet on their news.  Not meant for weak holders. For those  vested, just be patient. Those thinking of cutting losses, be patient  at least until the  end of the year **if u r on paper loss now** or decide to continue holding. Just  my opinion.
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gohuatah Member	29-Jun-2013 12:05        gohuatah About Contact  Quote this Post! Style: Flexible
x 0   x 1  Alert Admin	Ipco will be worth easily above 5cents...
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gohuatah Member	29-Jun-2013 11:37        gohuatah About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	A stock that is not played will not chiong also...although the earnings are good if this company dont give dividend it will not be played by thw bbs. guoyanyunyan      ( Date: 29-Jun-2013 09:16) Posted: ...Ipco earning per share surge more than 800%...     EPS for FY 04/2013: 1.61 cents     EPS for FY 04/2012 : 0.19 cents    ...NAV improve to $0.080 ...Prev Close: 2.50 cents ...
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guoyanyunyan Elite	29-Jun-2013 09:16        guoyanyunyan About Contact  Quote this Post! Style: Combined   Yells: "uncertainty always exist"
x 0   x 0  Alert Admin	...Ipco earning per share surge more than 800%...     EPS for FY 04/2013: 1.61 cents     EPS for FY 04/2012 : 0.19 cents    ...NAV improve to $0.080 ...Prev Close: 2.50 cents ...
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guoyanyunyan Elite	29-Jun-2013 09:04        guoyanyunyan About Contact  Quote this Post! Style: Combined   Yells: "uncertainty always exist"
x 0   x 0  Alert Admin	...Ipco earning per share surge more than 800%...     EPS for FY 04/2013: 1.61 cents     EPS for FY 04/2013 : 0.19 cents  ...NAV improve to $0.080 ...Prev Close: 2.50 cents ...
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Bigmama Master	29-Jun-2013 00:50        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Either the same or up ! Emptyhand      ( Date: 28-Jun-2013 16:41) Posted: If its out after maket close, then monday will be an exciting day
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