
Is anyone here attending the coming IPCO AGM meeting on 30 Aug? Is the meeting open to public attending?
I think Dato's moratorium ends this October?
Ya one shot buy all sure price go crazy like last time.
nqing87 ( Date: 15-Aug-2013 20:13) Posted:
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now 8.9%.. he had bought about 40000 lots over the 2 mths in all.. this few days he everyday buy some instead of 1 shot buy.. wonder if he hinting or luring ppl to buy or maybe want to accumulate but dont want jerk price up too much lol
Emptyhand ( Date: 15-Aug-2013 19:55) Posted:
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last i heard was 7%
yummygd ( Date: 15-Aug-2013 19:45) Posted:
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How many percent he owns liao?
Emptyhand ( Date: 15-Aug-2013 19:44) Posted:
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with great power comes.........
nqing87 ( Date: 15-Aug-2013 19:35) Posted:
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edward bought another 8662 lots on 14th, 7830 lots on 15th.. everyday he buys lol.. and if anyone notice, there are almost 0 short selling on these few days he bought shares.. i wonder if he was behind the short selling this few mths to collect cheap lol
The Board of Directors of Ipco International Limited (Ipco or the Group) wishes to provide further information concerning our announcement of 5 August 2013.
In line with our announcements of 28 and 29 January 2013, which stated that the net proceeds from 440 million placement shares would be used for working capital and short-term investment purposes of the Company and its subsidiaries, the Group has to date employed the funds in short-term investments via an open equity fund, and all or part of the Groups investment can be redeemed on demand. As at 31 July 2013, the value of this investment has increased from S$6 million to S$6.12 million.
Ipco is currently conducting detailed planning and contract negotiations for the rollout of the next development stage for our real estate investment in the state of Washington, USA. We expect construction activities to be underway by October of this year, with an estimated 95 lots to be marketed in the first half of 2014. The Company will redeem the equity fund investment in stages to provide the capital necessary for the land development project near the city of Seattle.
For and on behalf of the Board
Carlson Clark Smith
Executive Director and Chief Financial Officer
15 August 2013
In line with our announcements of 28 and 29 January 2013, which stated that the net proceeds from 440 million placement shares would be used for working capital and short-term investment purposes of the Company and its subsidiaries, the Group has to date employed the funds in short-term investments via an open equity fund, and all or part of the Groups investment can be redeemed on demand. As at 31 July 2013, the value of this investment has increased from S$6 million to S$6.12 million.
Ipco is currently conducting detailed planning and contract negotiations for the rollout of the next development stage for our real estate investment in the state of Washington, USA. We expect construction activities to be underway by October of this year, with an estimated 95 lots to be marketed in the first half of 2014. The Company will redeem the equity fund investment in stages to provide the capital necessary for the land development project near the city of Seattle.
For and on behalf of the Board
Carlson Clark Smith
Executive Director and Chief Financial Officer
15 August 2013
Wise opinion or information. Thank you and HUAT $$$
ninjawarrior ( Date: 15-Aug-2013 12:04) Posted:
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I think whatever existing information about IPCO and its shareholders have been adequately shared in this and other forums. No need to dwell any longer on whether to hold or sell. Just make the informed decision on your own.
Maybe, just maybe . it takes sometime. blumount was sideways for a realllll long time before 2012.
Bigmama ( Date: 15-Aug-2013 14:26) Posted:
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When Blumont was 40 cent, ipco was 3.3 cents then.
Now blumont is 1.5 dollars, ipco is 2.8 cents .
Where got link? Blumont x4 already, is ipco 13 cents? Lol
Now blumont is 1.5 dollars, ipco is 2.8 cents .
Where got link? Blumont x4 already, is ipco 13 cents? Lol
ninjawarrior ( Date: 15-Aug-2013 12:04) Posted:
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precisely....my friend.
Due to the fact he has many experiences and has involved in IPCO....dun you think he knows what is the scenario on value, mergers and acquisitions of this company.
If IPCO doesnt do well....will he buy more...? Remember Edward is an investor and not a speculator. Investor doesnt speculate on any company for fun. He or she sees value in the company that is why he buys the stock.....and accumulate. Look at Blumont..it was at $0.40-$0.50 months back....now what happened ?
Just sharing...on those who know what the masses doesn't know.... 
 
hmphie ( Date: 15-Aug-2013 10:57) Posted:
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wOh........
hmphie ( Date: 15-Aug-2013 10:57) Posted:
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Edward Lee is a Senior Consultant at Cambridge Associates (2002-present). Cambridge
Associates is an investment consulting firm with over US$800 billion of assets under
advisement. Edward leads the firm?s hedge fund research in Asia and constructs and
oversees hedge fund portfolios. Edward is also the Managing Director of Edward Lee
Apartments Private Limited (2004-precent). His experience includes mergers and
acquisitions, equity capital markets, direct investments, initial public offerings, property
development and real estate management.
Edward was also an Investment Banking Analyst at Lehman Brothers, Inc. (1999-2000),
Corporate Finance Director at First World Capital (2000-2001), and Senior Manager at
Ipco International Limited (2001-2002).
Associates is an investment consulting firm with over US$800 billion of assets under
advisement. Edward leads the firm?s hedge fund research in Asia and constructs and
oversees hedge fund portfolios. Edward is also the Managing Director of Edward Lee
Apartments Private Limited (2004-precent). His experience includes mergers and
acquisitions, equity capital markets, direct investments, initial public offerings, property
development and real estate management.
Edward was also an Investment Banking Analyst at Lehman Brothers, Inc. (1999-2000),
Corporate Finance Director at First World Capital (2000-2001), and Senior Manager at
Ipco International Limited (2001-2002).
He was snr mgr in this co. during early 2000. You all know that? I just know it.
yummygd ( Date: 14-Aug-2013 17:52) Posted:
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...last week low was $0.025...jump to $0.027 on Mon, Tue...
...Wed low: $0.028... lets see can $0.028 hold well...
if edward lee noes something we dun, and keep buying and eventually when price shoot, isn't that consider as insider trading? mata mata will arrest him boh? haha
yummygd ( Date: 14-Aug-2013 17:52) Posted:
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I will start cutting 10% at 3 cents!
srichipan ( Date: 14-Aug-2013 22:52) Posted:
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