IPC Corp    Last:0.136    -0.012

Solid NTA 27c

intra day high 17.6 now back down to 17.1

pump n dump?

 

OHL bought 37.8 million shares @ 16c last Thurs raising his stake to 29%

this news  propelled the share to as high as 17.6, however the 7% drop in Nikkei did rattle the nerves of investors and IPC concluded @ 16.9c

gd luck dyodd

 

 

oei hong leong bought in about 37 million shares on thurs. this news should propel ipc higher. too bad i sold off alr :/

 

I already sold at 16.8. Not much but a very happy man.

gavinl      ( Date: 10-May-2013 14:08) Posted: Yup ,agreed. Been watching this counter for a while had loaded some to be in this ship. Dare not buy too much as thinking BIG BIG correction might be on the way. ozone2002      ( Date: 10-May-2013 13:21) Posted: This stock has not been moving much in spite of the gains that Nikkei has been making so far. In fact today they are up 2+%.. IPC has hardly moved throughout.. definitely opportunity to load up when it's not in the spotlight.. gd luck dyodd From UOB Chart Genie Time: 12:56PM Exchange: SGX Stock: IPC Corp(I12) Signal: Bullish MACD Crossover Last Done: $0.152

 

been advocating this stock recently when it was around 15c..

true enough it broke upwards from consolidation

and moved further to as high as 17.6 before settling to 17c.. still positive gains  even though Nikkei fell 7% that day

gd luck dyodd

 

ozone2002      ( Date: 13-May-2013 09:48) Posted: up 3% to 15.7c on news that IPC acquired another hotel looks like their income streams are increasing.. and assets growing.. with Abenomics looking to reflate assets, IPC NAV looks set to rise as well gd luck dyodd ozone2002      ( Date: 10-May-2013 15:10) Posted: up 3% to 15.5c.. lets see if it is the onset of a bigger move up.. has to play catch with Nikkei.. gd luck dyodd

 

 

Japan Becomes Most Favored Nation in Investor Poll Reflecting Abe Optimism  (bloomberg)

 

Japan GDP Jumps Most in Year as Consumers Open Wallets: Economy  (Bloomberg)

 

16.2c so far 1 million done

 

correction should be 100% gains.. 8K to 15K is ~ approx double

 

 

16.2c .. hope it moves further up to play catch up with Nikkei

gd luck dyodd

 

nice breakout finally :)

 

ozone2002      ( Date: 24-Apr-2013 23:58) Posted: Technical analysis IPC forming a flag pattern (pennant) likely to move up after consolidation in the past week gd luck dyodd

 

Time: 9:56AM
Exchange: SGX
Stock: IPC Corp(I12)
Signal: Resistance - Breakout with High Volume
Last Done: $0.157

 

up 3% to 15.7c on news that IPC acquired another hotel

looks like their income streams are increasing..

and assets growing.. with Abenomics looking to reflate assets, IPC NAV looks set to rise as well

gd luck dyodd

ozone2002      ( Date: 10-May-2013 15:10) Posted: up 3% to 15.5c.. lets see if it is the onset of a bigger move up.. has to play catch with Nikkei.. gd luck dyodd

 

IPC Corporation Limitedannounced it has entered into an agreement to purchase a business hotel in Naha, Okinawa, in Japan. Completion of the purchase and delivery of the hotel to the company is by July 2013. The hotel is currently being operated under the name of Okinawa Port Hotel – a 10-storey building, has 193 guest rooms. The acquisition cost cannot be disclosed as there is a non-disclosure agreement signed with the seller, the group signed. The purchase is partially funded by bank borrowings, it added. The Okinawa Hotel shall be leased to Nest HOTEL Japan Corporation (NHJ) with a fixed term till 30 June 2018. (Closing price: S$0.152, +1.333%)

 

up 3% to 15.5c.. lets see if it is the onset of a bigger move up..

has to play catch with Nikkei..

gd luck dyodd

 

Yup ,agreed. Been watching this counter for a while had loaded some to be in this ship. Dare not buy too much as thinking BIG BIG correction might be on the way.

ozone2002      ( Date: 10-May-2013 13:21) Posted: This stock has not been moving much in spite of the gains that Nikkei has been making so far. In fact today they are up 2+%.. IPC has hardly moved throughout.. definitely opportunity to load up when it's not in the spotlight.. gd luck dyodd From UOB Chart Genie Time: 12:56PM Exchange: SGX Stock: IPC Corp(I12) Signal: Bullish MACD Crossover Last Done: $0.152

 

This stock has not been moving much in spite of the gains that Nikkei has been making so far. In fact today they are up 2+%.. IPC has hardly moved throughout.. definitely opportunity to load up when it's not in the spotlight..

gd luck dyodd

From UOB Chart Genie

Time: 12:56PM
Exchange: SGX
Stock: IPC Corp(I12)
Signal: Bullish MACD Crossover
Last Done: $0.152