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2001-2020 of 2220
Mr Bohanpa....I like to hear from you, your info is damn solid (((((((((((((((( TP at 20c no problem lah
I managed to find out what is Yuuzoo the RTO partner, and discovered their web site very interesting. More interesting is the company overview that I found in Bloomberg.
Company Overview
| YuuZoo Corp. operates as a mobile and online media company in Singapore and internationally. It has built a global wireless media network. The company’s network enables a personalized distribution of wireless value-added services and advertising to various mobile end users offering wireless content owners and developers, advertisers, and media companies new revenue possibilities. It offers its services to content and application developers, advertisers, wireless network carriers, media and branding partners, and franchise partners. YuuZoo Corp. was formerly known as OpenMobile Corporation. The company is based in Singapore. It has subsidiaries in New York, as well as in Finland. |
Those vested can really enjoy now.
IPCO had toxic notes early this year too. After the toxic notes were fully converted, it ran up.
I believe contel have a good chance to fully convert and run higher too. But it wont affect the current investors for now. Its a few years away before they start converting.
clickshop1628 ( Date: 25-Mar-2013 09:43) Posted:
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Aiyaya....on hearing some comments here, I think I will let go at 10 cts....
The convertible notes are known as " death spiral convertibles" . Why in tranches? Because they can dump in the market in say $500k worth of converted shares and then roll over another $500k in a death spiral dumping. Anyway, the death spiral thing, aka toxic notes, is not new.
But if market is bullish, then can become live spiral also :)
FearValueGreed ( Date: 23-Mar-2013 20:50) Posted:
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Mr terencee...Yes its 20 cts....Hohoho
This counter already 7c to 8c bro.. I think you meant 20c ?
yummysukiyaki ( Date: 25-Mar-2013 09:09) Posted:
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Aiyaya...this stock may hit at least 2 cts before RTO, money really drop from heavan.....Hahaha!
If people are so smart, they won't have shorted yesterday. Every forumer has a right to think what price a counter can go to. Likewise those who longed can say that in yesterday's trading session those shorting are fools to have done so. Calling people fools or stupid is trying hard to push some arbitrary belief down a person's throat. Be careful not to abuse others in a forum.
Being stupid or smart both can still be winner or loser if market is either or not in their favour.
There is nothing to prevent Contel to reach even 30 cents before completion of RTO. It all depends. If Youzoo has big plans, the subsequent Contel could even be traded higher. But who knows? Happy trading..
The story of yuuzoo has bit of flaw in between.
The notes to be raised are in multiple phases n tranches.
Sounds the investors wants assurance at each point otherwise normally capex raised at one go.
Anyway not my cup of tea so Will not touch this one.
But believe TA Will push to 9cents region before consolation.
Good luck to those vested.
The notes to be raised are in multiple phases n tranches.
Sounds the investors wants assurance at each point otherwise normally capex raised at one go.
Anyway not my cup of tea so Will not touch this one.
But believe TA Will push to 9cents region before consolation.
Good luck to those vested.
It might not be consolidate at all. The RTO will have enough buying power to push everything up. Base on RTO news alone, contel can hit 119 already. I believe a lot of people still stuck above 103 and they are not planning to let go without a nice profit. There will be more buying coming and pushing the price higher. Don't forget, previously there was a lot of accumulation at around 60 range. These 2 days, there's bigger buying amount. Not discounting the shorts being executed previously. If BBs were to come in at this point of time, Contel will definitely break 120 and go all the way up. Believe it or not is up to you.
Everyone got their own risk appetite. I'm very positive on the RTO success and the BB coming in to push the price up. To load or not to load, its all up to you. No people is naive or stupid when it comes to investing. Its what story we choose to believe. If it breaks 120 before RTO announcements, Contel will definitely be going to test 20c. And that will be the price before any consolidation.
kingkungfu ( Date: 23-Mar-2013 01:32) Posted:
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Thanks for the article http://www.moneyweek.com/investment-advice/penny-shares/penny-sleuth-watch-football-drool-over-squid-62429. Based on the article itself it seems the RTO will be really good for Contel in longer term, as YuuZoo's expected revenue is 594M (which is based on some conservative assumptions. ) in 2015. So if the RTO goes through, the price of Contel over 20 cents is still very much justifiable in longer team as Contel will become a growth stock which justifiable for high PE. Comments ?
kingkungfu ( Date: 23-Mar-2013 16:59) Posted:
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tt hw BB make money by painting a nice picture for retailers like you to be suck in.You really think money can drop from the sky???LOL
Below is the correct article even before you post please do your research lei
http://www.moneyweek.com/investment-advice/penny-shares/penny-sleuth-watch-football-drool-over-squid-62429
ykinvestor ( Date: 23-Mar-2013 16:46) Posted:
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In another forum they have mentioned that the RTO could work out to about 26-27 cents per Contel share. Enjoy the read here http://forum.channelnewsasia.com/showthread.php?430374-CONTEL-YuuZoo-RTO-maybe-worth-25-30-cents-if-this-article-is-zhun...
kingkungfu ( Date: 23-Mar-2013 01:32) Posted:
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Good one. Where got $$ drop from heaven when you do RTO?
kingkungfu ( Date: 23-Mar-2013 01:32) Posted:
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mai so naive lei ..it mean new shares to be issued ..the shares in the market are old shares likely to be consolidate or wad look at aussino for more information please dun be so stupid to think it will gap up to 0.20 cents
pls read this article http://www.sharesinv.com/articles/2009/08/07/better-ipo-rto/ , it has a section which says, under RTO The shell company would acquire a large shareholding in the privately held company by issuing substantial amount of new shares as payment. In return, the shareholders of the privately held company gains majority control of the new company. Under SGX regulations, the minimum price that has to be offered for the new shares is $0.20/share. But not sure if this rule stated in the article is still valid. Any one knows if this ruling is still valid. If RTO goes through, does it means Contel will shoot over 0.20 ? comments
Yummy
Wow Wee !!!!!!!!!!!!!!!!!!!!!!!
It shows that market is more optimistic than you
Bopanha ( Date: 22-Mar-2013 12:57) Posted:
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