IPC Corp    Last:0.136    -0.012

Solid NTA 27c

key resistance 17c

break that... n it's to the moon!!!!!!!!

gd luck DYODD

 

12c to 16c that's 30+% in a day!!! CHIONG AH!!!!

gd luck DYODD

 

take the NTA as a guide 27c..

pls don't ask target price..if I knew I'll be a billionaire by now..

kennethkkl27      ( Date: 08-Feb-2012 10:31) Posted: Any TP For This

 

Any TP For This

 

 

top vol today!!

GO GO GO ..chiong ah!

 

IPC full year results are out...

 

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_0FA8B8C4495BEDDC48257999002B08E2/$file/IPC_full_year_results.pdf?openelement

 

IPC Corporation Ltd announced that it has purchased a distressed uncompleted development condominium project designed for 85 apartment units at Oppama, which is located about 50km to the south from the center of Tokyo, Japan. The Oppama Project is a new 6-storey development and building completion is scheduled to be by Q2 2013. The Company has at the same time entered into a Sales and Purchase Agreement with two Japanese real-estate companies to pre-sell the entire project to them. Full payment from these two companies will be made upon the project completion and delivery of the 85 apartment units. The total cost of the Oppama Project is estimated at JPY1.9 billion (approximately S$30.8 million), which shall be funded by internal resources. The transaction shall have a positive contribution to the Company for the financial year 2013. (Closing price: S$0.109, -0.909)

 

the choice is yours............ n only yours.......

gd luck~~!

 

The co.. is in property investment.. in china.  and japan.. wa lau.. with the cool down property in china and the earthQuake in japan.

Can buy meh.. sure bro

upnowhere      ( Date: 01-Aug-2011 11:13) Posted: why must follow him? good reason? ozone2002      ( Date: 01-Aug-2011 10:16) Posted: article in The Edge.. Uncle Oei has upped his stake in IPC from 18.2% to 19.7%.. @ 14c.. looking good... good luck.. i follow uncle oei

 

why must follow him? good reason?

ozone2002      ( Date: 01-Aug-2011 10:16) Posted: article in The Edge.. Uncle Oei has upped his stake in IPC from 18.2% to 19.7%.. @ 14c.. looking good... good luck.. i follow uncle oei

 

article in The Edge..

Uncle Oei has upped his stake in IPC from 18.2% to 19.7%.. @ 14c..

looking good...

good luck.. i follow uncle oei

 

calm before the storm..

 

Long time never heard uncle ooi name liao....He started buying.

 

 

PURCHASE OF LAND TO DEVELOP A 38-UNIT CONDOMINIUM PROJECT IN TSUKIMINO, JAPAN

The Board of Directors (the " Directors" ) of IPC Corporation Ltd (" IPC" or the " Company" ) would like to announce that the Company has purchased a piece of land, which came with the development plans, of approximately 1,336 sq. meter to develop a 6-storey condominium project comprising 38 apartment units at Tsukimino, Japan (" Tsukimino Project" ). Tsukimino is located in the northern part of Kanagawa Prefecture.

The Tsukimino Project has received construction permission and construction is scheduled to commence soon. Completion of the project is expected by end of December 2011.

The Company has at the same time entered into a Sales and Purchase Agreement with a Japanese real-estate company where the entire Tsukimino Project was sold to them. Full payment to IPC shall be made upon completion and delivery of the 38 apartment units.

The total cost (land, construction and other costs) of the Tsukimino Project is estimated at JPY 920 million (approximately S$14.08 million), which shall be funded by internal resources. The transaction shall have a positive contribution to the Company for the financial year 2011.

Save for any interests arising by virtue of their interests in the Company, none of the Company’s Directors has any direct or indirect interest in the transaction. The Directors are not aware of any substantial shareholder having any interest, direct or indirect, in the transaction, and have not received any notification of interest in the transaction from any substantial shareholder.

With the purchase of the Tsukimino Project, the Company has purchased a total of 4 condominium projects in Japan since the middle of 2009. The first project was in Tsukuba, comprising 51 apartment units and all the units were completely sold by end 2009. It was purchased at the price of JPY 520 million. The second project, located in Tsuchiura, was purchased at the end of Q1 2010 at a price of JPY 190 million. The purchase was for 50 apartment units and they were sold by Q4 2010. The third project in Uraga, with an investment of JPY 1.45 billion, was a distressed uncompleted condominium project comprising 77 apartment units. Development is in progress and scheduled for completion in the 1st half of 2011.The entire Uraga project had been sold.

The Company is continuously evaluating property projects in Japan to develop, purchase and resale, and for income producing purpose.

 

CHIONG AH!!!!!!!!!! 16.5

looks like i'm the only buying this baby..

 

Hi teeth53,

Am still wondering where you guys retrieve trade summary from. Please advise. Thanks.

teeth53      ( Date: 26-Feb-2008 17:31) Posted: Trade summary, after a few good attempt 10.5ct, it drop back to 10ct, no BBs around to trade Time Last Volume Bid/Ask 17:05:02 0.100 4,000 A 16:53:59 0.105 26,000 B 16:21:37 0.105 12,000 B 15:47:49 0.105 71,000 B 15:28:41 0.105 6,000 B 15:12:49 0.105 35,000 A 14:52:55 0.105 45,000 B 11:11:01 0.105 5,000 A

 

nice close today 15.5c..

:)

 

close 15c..

today opened 15c..hope can push up further..

go go go!!

 

Theedge had a story on IPC in its latest issue.

As usual once a company is highlighted in theedge there will be a movement upwards in the stock price

today IPC moved from 13.5 to 14.5

gd luck~!

 

IPC buys third business hotel

IPC Corporation has bought a 208-room business hotel in Okayama, Japan for 711
million yen (S$11.2 million). The company - which is 18.2 per cent owned by Oei Hong
Leong - said the purchase was funded by internal resources. The hotel is leased with a
fixed term till end- September 2020 to KK Greens - a hotel operator running more than
50 hotels in Japan under its 'Comfort' brand name. IPC added that it expects the
transaction to have a 'positive contribution to the company for the financial year 2011'.
This is IPC's third business hotel purchase in six months. (BT)

accumulated more...gd luck!