
I don't think this calculation is correct.
10% Blumont not the same as 10% $1.60 = 16c. Only if the number of shares the same for both companies.
 
Blumont market cap rought $3bn now, so 10% $3bn = $300m . 5bn shares in Ipco = 6c value of Blumont assuming no loans pledged for the Blumont stake. + Inno + China gas assets, + US land + electronics business + $50m cash in the bank. Looks good.
hongyuan ( Date: 21-Aug-2013 11:29) Posted:
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does ipco have the same amt of shares outstanding as blumont?
hongyuan ( Date: 21-Aug-2013 11:29) Posted:
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Blumont worth $1.60, Ipco own +10%, that mean IPCO now should worth +$0.16, buy IPCO is indirect invest in Blumont(also innopac),    buy IPCO  need not pay for S0.16 but just $0.03 only. a huge discount. buy more and keep will slowly adjust to it  fair value
Lol, my view is that. all of them including edward are working together to take ipco further. Conflicts will give investors bad sentiment.
 
Laggard ( Date: 20-Aug-2013 11:26) Posted:
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The next coming milestone is the AGM. Could be a good opportunity for him to act.
Laggard ( Date: 20-Aug-2013 11:26) Posted:
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Yes, good idea!    or boot out the current management team and board. So this stock be a different animal. LOL
Bigmama ( Date: 19-Aug-2013 20:36) Posted:
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I believe his horizon is much longer. 7 cts is nothing to him. Remember, he is investing for himself and his associates, not us.
Bigmama ( Date: 19-Aug-2013 20:36) Posted:
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The est. intrinsic value of IPCO is 0.08 
You may recalculate it on http://www.drstock.org
Best regards 
Is he plotting to take control of IPCO ?
hmphie ( Date: 19-Aug-2013 20:31) Posted:
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He should take over the company, sell all its asset and get the 7 cent and distribute to us. Lol
hmphie ( Date: 19-Aug-2013 20:31) Posted:
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SGX filing. Edward Lee bought 56 million shares on 16 Aug. Now 10% shareholder.
received ipco annual report in the mail
Maintain first. As long can hold good sign
cheng987 ( Date: 19-Aug-2013 15:30) Posted:
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Ipco volume high, price cannot grow high GOOB LUCK
haha scary sell vol
...base on 2-years chart...
...in early '12...the price can be push up easily will much smaller vol as compare with '13...
...last Friday vol was 276.62M...may need 400-500M in order to see $0.0350...
Let's hope it goes above 3 cent today!
Let's it goes above 3 cent today!
Friday heavy selling partly due to profit taking from 11/8 and 12/8 and shortist particiption. Hopefully can continue uptrend at this pace 😃
" Most are written for a purpose   "
    like a boss, sifu !
srichipan ( Date: 18-Aug-2013 20:09) Posted:
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