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wa. set. then sell all dont buy. all q at 0.028 n 0.029
Isolator ( Date: 03-Oct-2013 10:19) Posted:
| Just to share.... from my crystal ball..... lowest price ipco can go will be around 2.8ct..... and upswing price will be above 6.5ct..... for now...... so you decide...... |
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Sifu sis mama, mirach falling ... can enter ?
Bigmama ( Date: 03-Oct-2013 10:27) Posted:
Sifu, you ask us to wear nice clothes and big party will start when open.........where? We got stood up by u again?
Isolator ( Date: 03-Oct-2013 10:19) Posted:
| Just to share.... from my crystal ball..... lowest price ipco can go will be around 2.8ct..... and upswing price will be above 6.5ct..... for now...... so you decide...... |
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Sifu, you ask us to wear nice clothes and big party will start when open.........where? We got stood up by u again?
Isolator ( Date: 03-Oct-2013 10:19) Posted:
| Just to share.... from my crystal ball..... lowest price ipco can go will be around 2.8ct..... and upswing price will be above 6.5ct..... for now...... so you decide...... |
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Just to share.... from my crystal ball..... lowest price ipco can go will be around 2.8ct..... and upswing price will be above 6.5ct..... for now...... so you decide......
Nice quote : " nothing is certain except death and taxes" . From Wall Street!
xiaofang_ ( Date: 29-Sep-2013 23:24) Posted:
Thanks big mama. Hope ppl don't lose money too. :(
Our money all hard-earned. Next time need to control buying spree when volume up. Keeping in mind this is a punter stock (too many short sellers and contra players at the moment). Wait for the tide to be over. What goes up may come down, what goes down may go up too. Nothing is certain except death and taxes.. Think is good to take reasonable profits .. Like big mama n some other traders. Money in bank is real, better than "so call paper profit" or worst - losses.
It's all abt what entry prices a person is comfortable I guess. Apple is good stock but ppl still losing money if enter at usd$650, or local blue chip SQ at $18. That's why people can't buy stock and ignore what's happening to the stock. Is never easy to make money from the market. Else who needs to work for a living?
Think <3c is a good entry levels. That's what the SSH Edward or placement Joanne and Zaid's prices are.
"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." - Warren Buffett
My 2c worth.
Bigmama ( Date: 29-Sep-2013 22:19) Posted:
| Thanks xiaofang. Hope it doesn't drop too much. I do hope to see higher price too. |
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I understand what you mean and it makes sense. Thanks for sharing cause it allows us to see different perspectives. Just wanted to add 2 points to follow up.
(1) Edward Lee need not commit more resources to takeover company. With the existing 10.5% he could single handedly call for EGM to change management. In fact if you look at the annual report, even with the management + Zaid Ibrahim stake combined, he would still win. Plus many retailers would definitely vote for Edward cause he might help them sell off blumont and pay dividends out. Chance of success very high. Question is why did he not do that. He would benefit most from the 10c cash value in Blumont, via dividend.
(2) Zaid can't sell his shares yet, locked in by moratorium, I believe until next week, sometime early October. I am not active on the forum but so fascinating the recent interest. Good luck to all and thanks for sharing your ideas. Interesting read.
spss1955 ( Date: 29-Sep-2013 20:58) Posted:
Bro unique6, please allow a different point of view.
Whilst Edward Lee may be the biggest shareholder, he is not a member of the board and thus may not know everything there is to know about the strategic direction and operation of the company.
In addition, one cannot surmise that just because he cash out some of his shares, it necessarily means a lack of confidence in the company or that the company is not worth takeover. He may not want to and may not have the means to takeover the company in the first place.
Thirdly, if he did not know how high the stock can go, what makes you think he knows how low it will go, then?
What about the other large shareholder, Zaid? Did he sell? Remember, he was invited to invest in the company by the directors. won't that say anything about the relationship between him and the company directors? If he cash out (not sure if he can cos there a moratorium period, right?), then I would be more worried.
In the end, we will all make our own decisions what to do with our money. Cheers!
unique6 ( Date: 29-Sep-2013 17:42) Posted:
Edward Lee is largest shareholder by far 535m shares vs next largest only 350m Zaid. He can't be like ordinary punter because:
(1) he must have influence cause with 10% he could technically call EGM vote out the directors, so selling out now maybe means it's not even worth it to takeover company and recover money is better than staying on or controlling company
(2) with such a large position, by selling now he knows it will affect his overall position so he must have thought the price really going down significantly for him to take this risk (like run out of cinema on fire before everyone jam the exit)
(3) he invest in so many penny stocks, many he heard from other BBs that Ipco go trouble or fraud so jump ship
(4) maybe his friends all sold out first at 4.4c cause he knows when he sells his personal stake must declare so he let his friends run out first at higher price.
(5) surely he not dumb guy and sophisticated investor so he knows something we don't. On this forum we all gossip, spread rumours, but in the end actions speaks louder than words. He action is clear. Anyway, I only small position, but my cost lower, so dunno what you guys going to do, but I think better take profits before profits become losses " quote Warran Buffett" !
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Aunty sifu.... Dont so worry..... Today we start to have party.... let's celebrate Ipco rally.... Cheers!
Bigmama ( Date: 03-Oct-2013 08:06) Posted:
Hmm.... Now we have a super negative guy at 2 cent and a super positive guy at 10cents. I don't think Singapore is even close to either the north or south poles. Lol
Isolator ( Date: 02-Oct-2013 17:07) Posted:
| Tmr remember to dress up nicely..... Get ready for pre-celebration for ipco rally..... LOL |
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Today, Malaysia Ex-Minister can sell his Ipco sell. See whether he takes profit under such period of uncertainty.
solidbuy ( Date: 03-Oct-2013 06:21) Posted:
no shortsell means panicksell? lol
nqing87 ( Date: 02-Oct-2013 19:33) Posted:
| today ipco 0 short volume.. where are your shorts?? u shorted in your dreams |
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Under SGX Listing Manual Rule 703, Blumont is obliged to:
- disclose, confirm, deny or clarify price sensitive information to prevent the build up of false market.
- Unless the agreement and negotiation have yet to be completed. Provided:
- Blumont must maintain high confidentiality about it.
Apparently, Blumont's price surge is most probably due to leakage of confidential info- the company is now investigating its executive team- thus it has the obligation to disclose.
Nevertheless, the 8 folds spike in price remains perplexed to me. Wondering what kind of mineral and energy business Blumont is going into. Turning waste paper into mineral? Or creating energy from air?
currypig ( Date: 02-Oct-2013 22:40) Posted:
Hmmm are they obliged to announce to the public? I'm not too sure tho..
Rosesyrup ( Date: 02-Oct-2013 22:36) Posted:
Blumont quite naughty.
When SGX previous asked him, he gave the standard answer : " Company is not aware of any information not
previously announced concerning the Company, its subsidiaries or associated companies which might explain the
increase in the share price. "
When SIAS called to suspend him, he still insisted it is not aware of any information. But....But with some additional information at the end of the announcement this time round. In this respect, the Company has in recent months been approached by global financial parties, including an international fund management firm, which has expressed interest in investing in the Company by way of a private placement. Discussions are ongoing . Over the past five months, discussions have been held with over 20 additional potential acquisition targets and joint venture partners, the majority of which are listed entities governed by the listing rules of their respective securities stock exchanges and investment laws in countries of operation.
Now we know why Blumont share price surged. The next few questions:Why Blumont refused to disclose these info previously????If Blumont has yet to disclose how come share price surge so much? Possibility of insider?New business operation of mineral and energy really so lucrative?
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Hmm.... Now we have a super negative guy at 2 cent and a super positive guy at 10cents. I don't think Singapore is even close to either the north or south poles. Lol
Isolator ( Date: 02-Oct-2013 17:07) Posted:
| Tmr remember to dress up nicely..... Get ready for pre-celebration for ipco rally..... LOL |
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no shortsell means panicksell? lol
nqing87 ( Date: 02-Oct-2013 19:33) Posted:
today ipco 0 short volume.. where are your shorts?? u shorted in your dreams?
nqing87 ( Date: 02-Oct-2013 15:09) Posted:
| lol, i will be waiting to see how many short sell lots today, see if u are telling the truth.. when i go home today, i will check the sgx short sell volume and count how many shorts since the rally.. see if really got 200000lots.. |
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what sort of main business Blumont is in why it moves so fast.................up better than Ezion..........
....any info if they gonna take over IPCO....
currypig ( Date: 02-Oct-2013 22:40) Posted:
Hmmm are they obliged to announce to the public? I'm not too sure tho..
Rosesyrup ( Date: 02-Oct-2013 22:36) Posted:
Blumont quite naughty.
When SGX previous asked him, he gave the standard answer : " Company is not aware of any information not
previously announced concerning the Company, its subsidiaries or associated companies which might explain the
increase in the share price. "
When SIAS called to suspend him, he still insisted it is not aware of any information. But....But with some additional information at the end of the announcement this time round. In this respect, the Company has in recent months been approached by global financial parties, including an international fund management firm, which has expressed interest in investing in the Company by way of a private placement. Discussions are ongoing . Over the past five months, discussions have been held with over 20 additional potential acquisition targets and joint venture partners, the majority of which are listed entities governed by the listing rules of their respective securities stock exchanges and investment laws in countries of operation.
Now we know why Blumont share price surged. The next few questions:Why Blumont refused to disclose these info previously????If Blumont has yet to disclose how come share price surge so much? Possibility of insider?New business operation of mineral and energy really so lucrative?
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Hmmm are they obliged to announce to the public? I'm not too sure tho..
Rosesyrup ( Date: 02-Oct-2013 22:36) Posted:
Blumont quite naughty.
When SGX previous asked him, he gave the standard answer : " Company is not aware of any information not
previously announced concerning the Company, its subsidiaries or associated companies which might explain the
increase in the share price. "
When SIAS called to suspend him, he still insisted it is not aware of any information. But....But with some additional information at the end of the announcement this time round. In this respect, the Company has in recent months been approached by global financial parties, including an international fund management firm, which has expressed interest in investing in the Company by way of a private placement. Discussions are ongoing . Over the past five months, discussions have been held with over 20 additional potential acquisition targets and joint venture partners, the majority of which are listed entities governed by the listing rules of their respective securities stock exchanges and investment laws in countries of operation.
Now we know why Blumont share price surged. The next few questions:Why Blumont refused to disclose these info previously????If Blumont has yet to disclose how come share price surge so much? Possibility of insider?New business operation of mineral and energy really so lucrative?
Isolator ( Date: 02-Oct-2013 22:21) Posted:
| Freedom of speech... All views should be welcome... Lol |
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Blumont quite naughty.
When SGX previous asked him, he gave the standard answer : "
Company is not aware of any information notpreviously announced concerning the Company, its subsidiaries or associated companies which might explain theincrease in the share price. "
When SIAS called to suspend him, he still insisted it is not aware of any information. But....But with some additional information at the end of the announcement this time round.
In this respect, the Company has in recent months been approached by global financial parties, including an international fund management firm, which has expressed interest in investing in the Company by way of a private placement. Discussions are ongoing .
Over the past five months, discussions have been held with over 20 additional potential acquisition targets and joint venture partners, the majority of which are listed entities governed by the listing rules of their respective securities stock exchanges and investment laws in countries of operation.
Now we know why Blumont share price surged. The next few questions:Why Blumont refused to disclose these info previously????If Blumont has yet to disclose how come share price surge so much? Possibility of insider?New business operation of mineral and energy really so lucrative?
Isolator ( Date: 02-Oct-2013 22:21) Posted:
| Freedom of speech... All views should be welcome... Lol |
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Agree wif sifu Iso. The forum is open to anyone who wants to join/post. It's like a "speaker's corner".
As long as one dun scold your father n mother, we can b tolerant of all views/comments.
Most times I read such posts wif amusement. It can be funny because it's so illogical or ridiculous. I dun think anyone would be so stupid as to believe those posts.
We often do stupid things out of fear, greed or ignorance and not because we are stupid. I believe that our fellow forumners are all intelligent people.
So chill, relax, laugh at those posts when you see them because I'm sure you would not dare to post them yourselves, haha.
Isolator ( Date: 02-Oct-2013 22:21) Posted:
| Freedom of speech... All views should be welcome... Lol |
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Freedom of speech... All views should be welcome... Lol
exactly... his blatant short call would have caused financial distress to those who heeded it. ban him. zero credibility.
dingbat ( Date: 02-Oct-2013 21:08) Posted:
I'm referring this fastandfurious kook. Just shun him... |
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I'm referring this fastandfurious kook. Just shun him...
Can the admin track his ip add and place a ban on this saboteur....
Potentially costing forummers heavy losses...
gohuatah ( Date: 02-Oct-2013 19:59) Posted:
2cents lol lol lol.....
nqing87 ( Date: 02-Oct-2013 19:33) Posted:
| today ipco 0 short volume.. where are your shorts?? u shorted in your dreams |
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