
That makes a lot of sense. The lower it goes, the more shares he'll get. That's a very good move by him. If I were him, I might push price as low as I can as I don't see any strong support formed at all.
However price going too low might cause long term investors to stay away from Contel.
However price going too low might cause long term investors to stay away from Contel.
1963411 ( Date: 13-Jun-2013 21:24) Posted:
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The question is,... does he wants the price to go high or low at this juncture? Bear in mind, he is going to extend loan to Contel with convertible into shares.... If the price is low, he will get more number of shares when the loan are converted into ordinary shares...
nqing87 ( Date: 13-Jun-2013 21:19) Posted:
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if i were him, i wouldnt release anything at this period where market sentiment is low.. it will be dumb to announce any positive news as the low market sentiment will not push the price up by much.. it is a good decision to delay any good news
1963411 ( Date: 13-Jun-2013 20:35) Posted:
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Who know maybe TWC is lying on some beautiful beach enjoying coconut drink now...? There is no update from the director on the RTO status at all...
Tlc8888 ( Date: 12-Jun-2013 08:42) Posted:
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Brought some at 0.076..... Try Try see can earn some $$$.
Hope it pass the 8c with good vol.

YuuZoo CEO expects YuuZoo to be listed 3rd qtr or latest 4th qtr 2013. Hopefully things can speed up from here. Seems like BBs depressing price to collect back cheap after a fake breakout to 9.3 recently.
Hang on tight, we will be laughing all the way to the bank lah, pang sim 

On May 10 when Contel announced its Q1 results, the director mentioned to distribute circulars to the shareholders pertaining to the proposed issue of $50mil convertible notes and together with notice of the special general meeting. It had been more than a month now, zzzzzzzz.
Only a Dickhead will presume that I brought...... LOL!!!
Please don't be angry if you are called a MRI.... it just in you.
 
terencee ( Date: 11-Jun-2013 22:32) Posted:
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a bit too long leh.. but looking at the bright side, it means that we can get more of these  at cheaper price (where are the shortists? Help me to realise my wish to get it at 6-6.5cts leh, I cant wait..).. Anyway, GSS now, it's good to continue shopping for the guys like us while the girls shop online or at Orchard..
terencee ( Date: 11-Jun-2013 22:55) Posted:
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RTO to complete by end of 2013. Lol
tanzq83 ( Date: 11-Jun-2013 22:52) Posted:
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I'm holding, like I mentioned, I will hope to scoop more when it comes down. Maybe they are scooping up too, at such a fantastic price.. who wouldn't want to scoop more if there are supporting facts behind them??
Excited about the prospect of this..
Last thing, did they mention any datelines for this to happen?
terencee ( Date: 11-Jun-2013 22:47) Posted:
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It was told to the shareholders during AGM. Its not stated anywhere. Those who went would have known. RTO already done deal. But they are taking their own sweet time to announced. They need SGX to approve name change before they can announce EGM also. 
 
Good luck if you're holding. I dont wanna say more. Later someone not happy flame me again.  
tanzq83 ( Date: 11-Jun-2013 22:39) Posted:
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Bro terencee, where can we get the information on the EGM? how we know that it's going to be held in mid-june? (very soon, within the next few days...right?) Will there be situation where there wont be one?
just keen to find out..  im all excited to know.. :)
terencee ( Date: 11-Jun-2013 22:29) Posted:
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So i have been negative the past few days. Meaning you have bought ? Since I'm the reverse market indicator ma.. LOL.. Hope you dont lose too much ok ? 
 
I can understand your pain today cos you have bought high and then stuck until now. I'm sorry if you still take me as your market reverse indicator. If you're so good, then share your views ? Its been a long time since I shout buy or sell. Say what you want. Its better to be called an airhead than a dickhead. Right Dicky ? 
Ryuuenji ( Date: 11-Jun-2013 21:41) Posted:
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bro, AGM long ago over liao. Now everyone here is waiting for EGM which is supposed to be mid june. Either is announcement of EGM in mid june or EGM holding in mid june. 
tanzq83 ( Date: 11-Jun-2013 21:51) Posted:
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Kao Ren, Bu Ru Kao Ji (depend on people? depend on yourself better, I guess).
Vested on the counter. Will hold onto the counter and get some more progressively when it comes down.
Hope for the best to come (RTO maybe?). Keeping my fingers crossed.
From past records in SGX, AGM likely to be between end-July to mid-Aug. Hopefully good news will come by then, probably don't need to wait for 1 year..
Good luck for those vested too.. cheers
When market correct..... everything get revaluation.......sometimes people sell first n buy back at lower price.....n you may buy even more at lower price.....i will buy at 0.05 :)
Can't help myself but to join in to agree with you...
This Terencee is an AirHead... I marked him as my Reverse Market Indicator long time ago. On 31 May, When Contel  was moving up from 0.083 to 0.094, He came out on the 3rd June to did the impossible by saying that RTO will be announced " The Latest By Thursday 3rd June"
And when things did not happened, This Talk Big AirHead reversed his stance saying RTO will not happened soon, and give you all type of Professional Reasons and Advice on how to pinpoint entry price..
Aberdeen123... I agree with your saying  " We want to share reliable info so that we all can huat together mah" and it is good to highlight this guy who likes to fart in the forum whenever he drink too much mummy's milk
Aberdeen123 ( Date: 11-Jun-2013 18:09) Posted:
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I think Stamford law unloaded today liao. Don't think they are allowed to hold shares, they are lawyers, not fund managers. Maybe BBs purposedly wanted them to let go cheap cheap?? Signs of bottoming today but still early days, must see some follow through buying in the next few days.
terencee ( Date: 11-Jun-2013 19:25) Posted:
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