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Nothing to fear... Opportunity buy now.... Be greedy..
depends if it stays above 28 today.
solidbuy ( Date: 04-Oct-2013 12:28) Posted:
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I'm waiting for 2cts
With Blumont suspended...........its 10% share in there..........don't know how.........depends on fate of Blumont......
BUT Blumont..(if i am not wrong).......is traded at 60 times its earnings....... 500X its assets value..............crazy...........
That SIAS....is what authority who wants Blumont case to be investigated immediately...........
Feels So sorry for Blumont holders whom got on with big lots at over $2.35......... really in trouble....got their fortune wipe off...more than half even if it resume trading.............ppl is going to dump.............sure fall back.........below 10 cents...if not lesser...with such bad news... NTA...net tangible assets so little...........at $2++ ...its $6 billions market cap.........
...IPCO also got more assets than them but just 2.6 - 2.6 cents now..............
Hi Yummy,
Sorry not sure how to address you..really thanks for your advice, really appreciate!
Ya, i und ..will monitor this counter and c how it goes...the US Shutdown has been a pain in xxx -p
i real small timer...been burning hands, alto make a little but loss big...abit fed-up already but still believed all is timing n market issues..hence really looking forward to advice and comments here which i find some has been quite useful...like yours..
yummysukiyaki ( Date: 04-Oct-2013 12:02) Posted:
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back to square one. blumont drop this one will follow suit
lesandy..... I will wait for the price to stabilize then move in again....Haha Safer for small timer like me:D I still need tips from all Sifus....Cheers!
So who is the next to be charged?
shroomfarmer ( Date: 04-Oct-2013 11:43) Posted:
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My advise is don't touch at this moment. If you really keen, then wait for another T+5, then decide.
Your investment, your choice. If the counter rise from here (which I think is unlikely), don't blame me. No one can predict the market. Just my opinion.
lesandy ( Date: 04-Oct-2013 11:43) Posted:
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wait till dust settle first i think.. now is super bearish, with so many counters all suspended, pennies nose-diving, US ceiling, some SSH in counters are also selling some shares and waiting for coast to clear.. im queuing a bit at 2.6cents, but got a feeling can get cheaper with the current saga & panic.. hard to judge accurately which low is lowest..
lesandy ( Date: 04-Oct-2013 11:43) Posted:
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If you asked me, I would say the current price is an attractive one. Nevertheless, I can't guarantee you it won't go lower than that or tell you what is the lowest price! Do bear in mind that placing your order at lower price might also increase your chance of NOT getting your shares. Thus I advice against timing the market and simply enter when the price is attractive.
I am vest and thus might be bias. DYODD.
lesandy ( Date: 04-Oct-2013 11:43) Posted:
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sifu Iso, as much as i like your optimism in this counter, i'm rather disappointed with the sad facts that always bring us back to reality :(
Isolator ( Date: 03-Oct-2013 16:42) Posted:
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Hi,
Novice here...am eyeing ipco also..but not sure what's the right price to buy in...also the current mkt situation and US market dip...make me wary next week maybe dipping further.
So, wondering to wait or buy at 0.026..hope you can share some light...TIA
yummysukiyaki ( Date: 04-Oct-2013 11:39) Posted:
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2.5 -----35%
Hope for 3+
6.5. ------- 0.0000000000000001%
Lol
Hope for 3+
6.5. ------- 0.0000000000000001%
Lol
Rosesyrup ( Date: 04-Oct-2013 11:33) Posted:
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http://www.businesstimes.com.sg/breaking-news/singapore/mas-obtains-default-judgement-against-ong-beng-hock-false-trading-market-man
The Monetary Authority of Singapore (MAS) on Thursday obtained a default judgement for S$100,000 against Ong Beng Hock for false trading and market manipulation.
Ong had on Dec 29, 2006 and April 26, 2007 executed a total of 12 wash trades in two of his trading accounts.
These were purchases and sales of shares of Ipco International Ltd and Goldtron Ltd which did not involve any change in beneficial ownership.
MAS' case is that the wash trades were intended or likely to create a false or misleading appearance with respect to the market for, or the price of, the shares in the two corporations.
10% probability so easily achieved lol
Maybe I will strike 4D this weekend
fortunecat ( Date: 03-Oct-2013 16:50) Posted:
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ya...don't lose like what you lose in innopac...lol
Isolator ( Date: 04-Oct-2013 11:33) Posted:
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I'm not trying to be funny but happy to see Ipco is nosediving after my profits, thz to Isolator. Will consider to buy again later....Cheers!
LOL.... now just watch out this support rebound...... Very strong one.... LOL
Bigmama ( Date: 04-Oct-2013 11:25) Posted:
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Aunty relax horrrr. Even Blumont, Ipco is still an attractive stand alone. In additions, I don't think Blumont will fact delist cos I am speculating insider trading is the only criminal liability Blumont faces. (when the suspension is removed)At most Blumont stuck below $2 to $1.50 nia. Mai Kia Mai Kia.
Bigmama ( Date: 04-Oct-2013 11:25) Posted:
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