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Most probably it is nothing.... Happened a lot of times in the past 5 months.
sololemontang ( Date: 01-Jul-2013 17:12) Posted:
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15mill !!
sololemontang ( Date: 01-Jul-2013 17:12) Posted:
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Somebodu stack 15million to sell at 26. Clearly a big boy want to prevent ipco from shooting up. Why? Let time tell.. maybe they doing some insider trades
Maybe they really want to keep an upcomming big plan hush hush!
Maybe they really want to keep an upcomming big plan hush hush!
might want to review ur acct knowledge.
cashflow is not profit under accrual system...
terencefok ( Date: 30-Jun-2013 22:20) Posted:
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But profit before tax included the revaluation gain, so if short term investment and trading activities are not a core part of their operations, then they would have to minus the gain in operating activities to derive operating profit. Thats how I interpret the data.
jomini ( Date: 30-Jun-2013 21:06) Posted:
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revaluation gain is taken out not coz its not part of operations but coz its not doesnt affect cashflow. no money comes to u from u marking up ur investments on ur excel sheet.
at least thats what i rmb from acct class.
dont rmb e exact details now. but if its really not taken out then it might be a little worrying
terencefok ( Date: 30-Jun-2013 17:31) Posted:
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Thanks for sharing! Understood now
terencefok ( Date: 30-Jun-2013 18:49) Posted:
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To add on, Available-for-Sale Financial Assets refers to Financial Assets without intention for disposal in the coming 12 months or less. Investments bought with intention for disposal in the coming financial year are classified as Financial Assets at Fair Value Through Profit & Loss.
Hope this helps.
The minus under working capital changes in operating activities is not realised gain or loss. It means they used cash to purchase investments, hence showing a negative amount. It is a different meaning if this amount was one of the figures used to calculate Operating Profit Before Working Capital Changes
They did minus off realized gains from their operating cash flow right? That's why operating cash flow is negative
terencefok ( Date: 30-Jun-2013 17:31) Posted:
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But take a look at their cash flow statements, under operating activities, normally most companies will minus off any revaluation gain on investments as it is not part of their " operations" . Meaning to say exclude revaluation gain then you get profit from " ordinary operations" .
However, IPCO does not have this item in operating cash flows, means trading and investment in securities is part of their " ordinary operations" . Furthermore, they have also proved to have been managing excess cash pile well thus far.
In my opinion, well cash itself is not generating any returns unless it is put to work. Cash can be put to work either through operations or investments. Naturally as most assets are cash and investment securities they will trade below NAV, but such a steep discount? I dont think it should be the case.
What do you guys think?
its really not getting controlled. its just something that looks spiffy
most of its profits are from valuations while its bleeding cash from its normal operations. and the moment it declares it is selling out as a substantial holder of other penny stocks, others would probably follow and crash these pennies. so the fair value prob has to be impaired to be fair
the most we can do is to follow the pump n dump guys. flip then hope there's someone out there to hold the bag
fijiou ( Date: 29-Jun-2013 14:27) Posted:
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Super!!! But still .... I will be surprise if it can close 2.8 cents on Monday.
guoyanyunyan ( Date: 29-Jun-2013 09:16) Posted:
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Everyone knew about all the good points of ipco for months and months but no one wants or will push it higher.
Ipco is no "Singing Bones". Lol.
Ipco is no "Singing Bones". Lol.
gohuatah ( Date: 29-Jun-2013 12:05) Posted:
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yep agree. ipco has huge potential but its just being controlled very strongly at the moment. Also, ipco will only move by news. I guess much of the public are waiting for some good company news or investment decisions from that huge pile of cash before they consider pumping money in. But ipco seems very quiet on their news. Not meant for weak holders. For those vested, just be patient. Those thinking of cutting losses, be patient at least until the end of the year **if u r on paper loss now** or decide to continue holding. Just my opinion.
Ipco will be worth easily above 5cents...
A stock that is not played will not chiong also...although the earnings are good if this company dont give dividend it will not be played by thw bbs.
guoyanyunyan ( Date: 29-Jun-2013 09:16) Posted:
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...Ipco earning per share surge more than 800%...
EPS for FY 04/2013: 1.61 cents
EPS for FY 04/2012 : 0.19 cents
...NAV improve to $0.080 ...Prev Close: 2.50 cents ...
EPS for FY 04/2013: 1.61 cents
EPS for FY 04/2012 : 0.19 cents
...NAV improve to $0.080 ...Prev Close: 2.50 cents ...
...Ipco earning per share surge more than 800%...
EPS for FY 04/2013: 1.61 cents
EPS for FY 04/2013 : 0.19 cents
...NAV improve to $0.080 ...Prev Close: 2.50 cents ...
Either the same or up !
Emptyhand ( Date: 28-Jun-2013 16:41) Posted:
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