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Looks like IPCO has yet to dispose their stake in Innopac. In fact, they just bought 11m more today.
http://infopub.sgx.com/FileOpen/IpcoForm3.ashx?App=Announcement& FileID=250931
I rather no news than bad news
gohuatah ( Date: 05-Aug-2013 15:16) Posted:
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Haiz better than nothing happen.....sian liao
hmphie ( Date: 05-Aug-2013 14:03) Posted:
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Not all halts are good news 
haroujf ( Date: 05-Aug-2013 13:54) Posted:
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innopac halt liao
when will ipco follow sia... haiz
I was thinking that they will cover back the next day. Simply short sell on their buy queue. If not I can't think of any other ways they can cover back since their daily short sell more than 50%.
nqing87 ( Date: 01-Aug-2013 20:13) Posted:
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lol maybe ipco has few hundred millions volume of uncovered shorts accumulated.. i dont see how the shorts are covered when half the time we have more than 50% shorted volume of transacted volume
Newlearner ( Date: 01-Aug-2013 20:04) Posted:
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Edward Lee buying is good news 👍
Btw, the fund shorting simply just cover back by buying their own short sell the next day. Am I right? So this cycle kept repeating.
Btw, the fund shorting simply just cover back by buying their own short sell the next day. Am I right? So this cycle kept repeating.
edward bought 8000 lots on 31st July & 1st August.. one of his biggest transaction in months i think.. anyway, today short is 11k+ lot out of 15k volume transaction..
If IPCO is still holding on to Blumont, I think the fair value gain on their financial investments would be substantial with the rights issue.
same here, puzzling
gohuatah ( Date: 29-Jul-2013 20:34) Posted:
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Really cant figure out what the shortist is thinking... more than half the volume are shorts while the price is so low...
Share prices is a reflection of company share value and for small capitalisation company, it can be control but for big company, it is usually being invested by investors as its worth. So when a company say worth 0.025 now, any seller sell will be taken and if sells over Buy Q, than new investors will start come in to form the Buy Q so you see the price stagnant there but when good news come, investor revalue the share hence price will move up... usually move beyond the TP when retail investors start to jump in.
This is my learning for many years of trading and I am sure so many gurus here knows better.
Waiting for the "green light"? Lol..
So many seller at 2.5c?? What is the game they are playing here? buyer = seller = same person or otherwise??
Ck = bb
CK ?
hmphie ( Date: 26-Jul-2013 23:23) Posted:
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If you look at this thread in the corresponding period, you would have noted that most holders are frustrated or very upset at this stock's inability to move upwards. A good number could have already thrown in the towel and sold off.
This could be what the CK hopes to achieve less stocks in the hands of retailers .
It's their patience versus yours. Stochs are still midway.
halleluyah ( Date: 26-Jul-2013 22:41) Posted:
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Vry weird counter....movement either up or down 1 pip only fr wks/mths....0.24-0.26 range
Me no Sifu ... Many painful lesson over the years......hopefully a little wiser than myself in the past.
Here to share views and get tips too.
Here to share views and get tips too.
gohuatah ( Date: 26-Jul-2013 11:35) Posted:
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