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Innopac to follow Blumount Trend.. 0.20 soon

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Polarbear55
    04-Oct-2013 16:59  
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No chance even to catch at 0.068..dive too fast 😝 waiting at 6cents now

clonevil      ( Date: 04-Oct-2013 15:56) Posted:



point is, until 2 days ago, they had reason to value innopac at 12 cents. so unless there really is smtg dua zhong, 40% decline in 1 hr is irrationale. if they didnt value it at 12 cents, they could well have jus did what u explained without even buying in in the first place.

  at least that's my view =) 

Polarbear55      ( Date: 04-Oct-2013 15:49) Posted:

Nomura could well have also sold 20 mn shares today at 11cents and buy back at 8cents for a nice overall profit 😝


 
 
avid1980
    04-Oct-2013 16:57  
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Why doesnt the co halt it? not saving the co anymore? doesnt the shareholders scream?????

camukaba      ( Date: 04-Oct-2013 16:36) Posted:

It just gets lower and lower...wonder why it hasn't been suspended like Blumont and friends?

 
 
camukaba
    04-Oct-2013 16:36  
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It just gets lower and lower...wonder why it hasn't been suspended like Blumont and friends?
 

 
clonevil
    04-Oct-2013 15:56  
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point is, until 2 days ago, they had reason to value innopac at 12 cents. so unless there really is smtg dua zhong, 40% decline in 1 hr is irrationale. if they didnt value it at 12 cents, they could well have jus did what u explained without even buying in in the first place.

  at least that's my view =) 

Polarbear55      ( Date: 04-Oct-2013 15:49) Posted:

Nomura could well have also sold 20 mn shares today at 11cents and buy back at 8cents for a nice overall profit 😝


clonevil      ( Date: 04-Oct-2013 15:38) Posted:

chances are market is panicking. maybe it will be reported tmr tt innopac kana targeted by short seller. anyway now price between 73-76 r v gd prices what. nomura just bought 10 mn shares 2 days ago at over 12 cents leh.


 
 
Polarbear55
    04-Oct-2013 15:49  
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Nomura could well have also sold 20 mn shares today at 11cents and buy back at 8cents for a nice overall profit 😝


clonevil      ( Date: 04-Oct-2013 15:38) Posted:

chances are market is panicking. maybe it will be reported tmr tt innopac kana targeted by short seller. anyway now price between 73-76 r v gd prices what. nomura just bought 10 mn shares 2 days ago at over 12 cents leh.

 
 
2gether
    04-Oct-2013 15:48  
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... sorry type wrongly, i mean how they make money hahaha

2gether      ( Date: 04-Oct-2013 15:47) Posted:

wonder if nomura would stock up - average up otherwise how they many money..

clonevil      ( Date: 04-Oct-2013 15:38) Posted:

chances are market is panicking. maybe it will be reported tmr tt innopac kana targeted by short seller. anyway now price between 73-76 r v gd prices what. nomura just bought 10 mn shares 2 days ago at over 12 cents leh.


 

 
2gether
    04-Oct-2013 15:47  
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wonder if nomura would stock up - average up otherwise how they many money..

clonevil      ( Date: 04-Oct-2013 15:38) Posted:

chances are market is panicking. maybe it will be reported tmr tt innopac kana targeted by short seller. anyway now price between 73-76 r v gd prices what. nomura just bought 10 mn shares 2 days ago at over 12 cents leh.

 
 
clonevil
    04-Oct-2013 15:38  
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chances are market is panicking. maybe it will be reported tmr tt innopac kana targeted by short seller. anyway now price between 73-76 r v gd prices what. nomura just bought 10 mn shares 2 days ago at over 12 cents leh.
 
 
2gether
    04-Oct-2013 15:27  
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what fair price then... can this cheong again or continue to go south

mb7269      ( Date: 04-Oct-2013 11:39) Posted:



wah 12.32 cts...

i bought cheaper than them at 7.8 cts today... second round. 

Jackpot2010      ( Date: 04-Oct-2013 11:34) Posted:



Recent placement in August 2013:

250m placement at 12.32c to Platinum Partners Value Abitrage Funds LLP (PPVA) vs. 7.9c now. Very chialat!


 
 
Polarbear55
    04-Oct-2013 14:48  
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Retail investors cannot fight the market..BB and insiders know what they are doing and when they run..don't be caught when the music stops. 🏃 🏃
 

 
gcheng
    04-Oct-2013 14:33  
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Not understand why so many people sold at such low price. Panic for what?
 
 
Isolator
    04-Oct-2013 14:08  
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I will take back my loss with even profit this time round.... Thank you shorties......
 
 
camukaba
    04-Oct-2013 13:45  
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Ironically it really did...all the way down. :'(

I jeeped some at low but it doesn't seem to be moving. I wonder if the shortists will cover at the end of today?

Bigmama      ( Date: 04-Oct-2013 13:10) Posted:

Better change topic name. We don't want innopac to follow blumont now.

 
 
Isolator
    04-Oct-2013 13:38  
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Going long again.... lol
 
 
Bigmama
    04-Oct-2013 13:10  
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Better change topic name. We don't want innopac to follow blumont now.
 

 
clonevil
    04-Oct-2013 12:45  
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I'm personally confident the market is overreacting to the trade suspension news and the debt ceiling. if you have holding ability, valuation for innopac now is very attractive. share price likely to rise back up 10-20% over next few weeks ASSUMING there are no frauds and such within the related companies. good bet. 
 
 
Polarbear55
    04-Oct-2013 12:21  
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This blood bath not good..7cents to be broken. Better off being halted or temp suspension and hope blumount case comes to a closure. 😱
0.068 will take a bite though.
 
 
akchua
    04-Oct-2013 12:18  
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SIAS is Securities Investors Association, not a department of CAD or SGX. Basically an independent body like CASE ( Consumer Association of Singapore)


Someone must have logged complaint againse blumont.

Afer some reviews, SIAS think there is a case so they brought forward to SGX for enquiry.

 





moneycow      ( Date: 04-Oct-2013 12:01) Posted:



all link to blumont suspended ?

IPCO soon also ?

Other day shoot up to 4.6....than for no reason..............fall all the way till now.

Artificially ........push up for a purposed ?

Hopefully not - keep finger cross..........

BY the way any one knows  what department is SIAS ?

Is it some form of watch dog body for shares trading ?


Jackpot2010      ( Date: 04-Oct-2013 10:16) Posted:



DYODD. suspended by SGX.

" Pursuant to SGX-ST Rule 8.10, SGX-ST has exercised its authority to temporarily suspend trading in the shares of Blumont Group Ltd and its related securities with immediate effect. This is to safeguard the interests of the market as there could be circumstances that would result in the market not being fully informed."


 
 
ruready
    04-Oct-2013 12:14  
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See fund can thong 0.074cts,,,,,11million support by fund
 
 
moneycow
    04-Oct-2013 12:09  
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Innopac no not suspended..

I saw is :

Asiasons

LionGold


Blumont and its rights trade all suspended....

Likely CAD will come in..........? (speculate)..............

 




moneycow      ( Date: 04-Oct-2013 12:01) Posted:



all link to blumont suspended ?

IPCO soon also ?

Other day shoot up to 4.6....than for no reason..............fall all the way till now.

Artificially ........push up for a purposed ?

Hopefully not - keep finger cross..........

BY the way any one knows  what department is SIAS ?

Is it some form of watch dog body for shares trading ?


Jackpot2010      ( Date: 04-Oct-2013 10:16) Posted:



DYODD. suspended by SGX.

" Pursuant to SGX-ST Rule 8.10, SGX-ST has exercised its authority to temporarily suspend trading in the shares of Blumont Group Ltd and its related securities with immediate effect. This is to safeguard the interests of the market as there could be circumstances that would result in the market not being fully informed."


 
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