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For penny stocks , have to drift down to cause despair first. I sense despair just starting...... For the past one month, some still hold on to hope.... So need to creat despair to crush those who hope.
handongni ( Date: 19-Nov-2013 09:36) Posted:
| last 3 days all trades done at 2.2 today open at 2.3 good start :-)
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Blumont's director just resigned.....
If really want to analyse Blumont, focus on its cash movement since investigated by regulators. See if unusually high amount of cash moving out of firm or not.
hmphie ( Date: 19-Nov-2013 10:45) Posted:
What do you want me to focus on Blumont for?
Rosesyrup ( Date: 19-Nov-2013 10:39) Posted:
Don't think too far..ignore Goldman
Focus on trio, especially Blumont. The other 2 got good fundamental |
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What do you want me to focus on Blumont for?
Rosesyrup ( Date: 19-Nov-2013 10:39) Posted:
Don't think too far..ignore Goldman
Focus on trio, especially Blumont. The other 2 got good fundamental.
hmphie ( Date: 19-Nov-2013 10:37) Posted:
Ng Su Ling, who just left Blumont, mentioned she's leaving to focus on litigation matters with Goldman.
I wonder if GM has anything to do with the rise and fall of the AsiaBluLion trio?
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Don't think too far..ignore Goldman
Focus on trio, especially Blumont. The other 2 got good fundamental.
hmphie ( Date: 19-Nov-2013 10:37) Posted:
Ng Su Ling, who just left Blumont, mentioned she's leaving to focus on litigation matters with Goldman.
I wonder if GM has anything to do with the rise and fall of the AsiaBluLion trio?
handongni ( Date: 19-Nov-2013 10:02) Posted:
oh, bluemont down. so ipco will close 2.2
Blumont
Last:0.113
Vol:7495k
-0.003
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Ng Su Ling, who just left Blumont, mentioned she's leaving to focus on litigation matters with Goldman.
I wonder if GM has anything to do with the rise and fall of the AsiaBluLion trio?
handongni ( Date: 19-Nov-2013 10:02) Posted:
oh, bluemont down. so ipco will close 2.2
Blumont
Last:0.113
Vol:7495k
-0.003
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oh, bluemont down. so ipco will close 2.2
Blumont
Last:0.113
Vol:7495k
-0.003
still hinge on bluemont :(
handongni ( Date: 19-Nov-2013 09:36) Posted:
| last 3 days all trades done at 2.2 today open at 2.3 good start :-)
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last 3 days all trades done at 2.2 today open at 2.3 good start :-)
Based on AseanTradingLink posts, companies link to Soh Chee Wen include:
1 Annica, 2 Asiasons, 3 Blumont, 4 Innopac, 5 Ipco, 6 ISR, 7 LionGold and 8 Magnus
Not going to cheong today ?
new6ie ( Date: 16-Nov-2013 14:46) Posted:
Ipco would cheong on Monday in line with market confidence on reports that no wrong doing was carried out. Since the run-up was based on market rumours of acquisitions and M& A, it was quite natural as such things had happened before.
So with market confidence returning, after the SIAS statement, Ipco's investments will likely appreciate with prices firming.
Will start to buy some shares of Asiasons, Blumone, LionGold, Innopac and Ipco, on Monday, for ST.
Below I copies, highlight from Rosesyrup's post.
SIAS has reviewed Asiasons, Blumont and LionGold with technology company Handshakes, and discovered a recent instance when a share price run-up came before the announcement of a sizeable acquisition, Mr Gerald said. A listed company is required to seek shareholders' approval when a deal it plans to undertake is proportionately large for its size. In this instance, the preceding share-price run sufficiently affected the way certain ratios were calculated. Hence, such shareholders' approval was not required.
CE: DYODD |
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dont get your rationale since i didnt complain about the price.. i guess u are saying why i didnt sell it when it was 4cents+? well, i had made the decision to hold on a while more, since the fair value gain is juicy before the saga & that should give some vested interest.. know blumont will collapse sooner or later, but dunno if ipco will cash out before that, even just 10% will make a hefty gain, but they chose not to until now, & rather just sitting there & watch it collapse.. had sold some when edward given the signal to sell when he disposed some of his shares, so left with 2 digit lots to rot for its seemingly slow-to-act china prospect.. nothing much compare to the majority of the bros who are holding here..
dekmelvie ( Date: 17-Nov-2013 00:59) Posted:
Yep and i saw non-stop complaining abt the price. Lol
nqing87 ( Date: 16-Nov-2013 21:41) Posted:
| what u mean? always been around here.. |
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Yep and i saw non-stop complaining abt the price. Lol
nqing87 ( Date: 16-Nov-2013 21:41) Posted:
what u mean? always been around here..
dekmelvie ( Date: 16-Nov-2013 16:56) Posted:
| Where were you when it trades near .05? |
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what u mean? always been around here..
dekmelvie ( Date: 16-Nov-2013 16:56) Posted:
Where were you when it trades near .05??
nqing87 ( Date: 16-Nov-2013 15:39) Posted:
| hmm, ipco hasnt rise that much when blumont has chiong all the way (except just before the saga when ipco surge to 4cents+).. so probably even they clear the 3 musketeers, it just provide a better sentiment over penny stocks and may cause ipco to rise together with many pennies, but not a direct rising catalyst for ipco in my opinion, hence probably wont surge too much.. ipco management needs to get smth done over their china business prospect.. they are damn slow |
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Where were you when it trades near .05??
nqing87 ( Date: 16-Nov-2013 15:39) Posted:
| hmm, ipco hasnt rise that much when blumont has chiong all the way (except just before the saga when ipco surge to 4cents+).. so probably even they clear the 3 musketeers, it just provide a better sentiment over penny stocks and may cause ipco to rise together with many pennies, but not a direct rising catalyst for ipco in my opinion, hence probably wont surge too much.. ipco management needs to get smth done over their china business prospect.. they are damn slow |
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Somehow, I feel IPCO is an investment arm and they may not necessarily good at running serious business. So, they may just build up the momentum and sell away to anyone who is willing to offer a reasonable offer. In the meantime, hope they can build up a good growth story which may be good enough for now.
nqing87 ( Date: 16-Nov-2013 15:39) Posted:
| hmm, ipco hasnt rise that much when blumont has chiong all the way (except just before the saga when ipco surge to 4cents+).. so probably even they clear the 3 musketeers, it just provide a better sentiment over penny stocks and may cause ipco to rise together with many pennies, but not a direct rising catalyst for ipco in my opinion, hence probably wont surge too much.. ipco management needs to get smth done over their china business prospect.. they are damn slow |
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hmm, ipco hasnt rise that much when blumont has chiong all the way (except just before the saga when ipco surge to 4cents+).. so probably even they clear the 3 musketeers, it just provide a better sentiment over penny stocks and may cause ipco to rise together with many pennies, but not a direct rising catalyst for ipco in my opinion, hence probably wont surge too much.. ipco management needs to get smth done over their china business prospect.. they are damn slow
Is the quote from Rosesyrup the SIAS report ? Not quite a complete report to clear the companies from wrong doing ? Need to await MAS report. Anyway, certainly good of the sky is clear again for IPCO.
new6ie ( Date: 16-Nov-2013 14:46) Posted:
Ipco would cheong on Monday in line with market confidence on reports that no wrong doing was carried out. Since the run-up was based on market rumours of acquisitions and M& A, it was quite natural as such things had happened before.
So with market confidence returning, after the SIAS statement, Ipco's investments will likely appreciate with prices firming.
Will start to buy some shares of Asiasons, Blumone, LionGold, Innopac and Ipco, on Monday, for ST.
Below I copies, highlight from Rosesyrup's post.
SIAS has reviewed Asiasons, Blumont and LionGold with technology company Handshakes, and discovered a recent instance when a share price run-up came before the announcement of a sizeable acquisition, Mr Gerald said. A listed company is required to seek shareholders' approval when a deal it plans to undertake is proportionately large for its size. In this instance, the preceding share-price run sufficiently affected the way certain ratios were calculated. Hence, such shareholders' approval was not required.
CE: DYODD |
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Ipco would cheong on Monday in line with market confidence on reports that no wrong doing was carried out. Since the run-up was based on market rumours of acquisitions and M& A, it was quite natural as such things had happened before.
So with market confidence returning, after the SIAS statement, Ipco's investments will likely appreciate with prices firming.
Will start to buy some shares of Asiasons, Blumone, LionGold, Innopac and Ipco, on Monday, for ST.
Below I copies, highlight from Rosesyrup's post.
SIAS has reviewed Asiasons, Blumont and LionGold with technology company Handshakes, and discovered a recent instance when a share price run-up came before the announcement of a sizeable acquisition, Mr Gerald said. A listed company is required to seek shareholders' approval when a deal it plans to undertake is proportionately large for its size. In this instance, the preceding share-price run sufficiently affected the way certain ratios were calculated. Hence, such shareholders' approval was not required.
CE: DYODD
China reform to free up market an allow more private sector investment may offer some bright spots for IPCO's venture into natural gas supply in China ? I'm buying this stock for this reason and not for any wishful thinking of recovery in any of the 3 crazy stocks that IPCO may have vested.
