Latest Forum Topics / Renaissance United Last:0.001 -- | Post Reply |
Neglected, Illiquid, Undervalue, Recovery counter
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guoyanyunyan
Elite |
27-Jan-2013 20:15
Yells: "uncertainty always exist" |
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base on 2 years chart, the support line is trend up though quite slowly. the firework seems to happen once a year so far ... 
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NoobTrader
Member |
27-Jan-2013 18:12
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Ops sorry didnt know why my previous post was empty..
Yes I'm also curious whoever is absorbing the buying, how come is not listed as a substantial shareholder or major shareholder? By right whoever is absorbing so many shares should be listed IIRC...
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NoobTrader
Member |
27-Jan-2013 18:08
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LoL maybe the person means buying 1lot?
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terencee
Master |
27-Jan-2013 16:32
Yells: "I don't entertain trolls." |
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base on 5 year graphs, IPCO is 0.06. It dropped all the way down to 0.022 today. Given its cash on hand it still doesn't go up. It seemed to be a big problem here. If IPCO keep its track record which is highly possible, its definitely a down trend. There's no up trend at all. If can reach 0.03, we all can laugh already. I dont think there's another chance to hit 0.03 unless someone pump it up.  | ||
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dennisb
Member |
27-Jan-2013 14:31
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Bro...is 2300m shares..... | ||
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jomini
Veteran |
27-Jan-2013 13:42
Yells: "slow down, think, question" |
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u guys? theres always someone on this forum saying he's buying some more | ||
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NoobTrader
Member |
27-Jan-2013 13:36
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apollo8749
Member |
27-Jan-2013 10:46
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About 2300m shares sold between 2.2c to 3c for Dec and Jan, retailers cannot eat so much, then who is holding ? |
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Bigmama
Master |
27-Jan-2013 00:04
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They already sold a lot to retailers at 2.7 to 3 cents when everyone thought it going to cheong the previous week
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1963411
Member |
26-Jan-2013 22:06
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I have been thinking of this question as well. I think another reason could be VCAM not interested in the further appreciation of share price. They were the lender to IPCO with the only objective of interest income during the loan period + capital gain when the share converted. Once the share converted, they just sell it in the market and take back the principal... They could be a fund manager who has lower risk appetite and do not invest in pennies..  Personal view, peace :) PS: I am vested. 
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NoobTrader
Member |
26-Jan-2013 17:17
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A question I believe on everybody's mind would be if IPCO is highly undervalued, why would VCAM unload them all at such a undervalued price instead of holding them over a longer term till it higher to reap bigger rewards?
It got me thinking the past few week's high volume trades did they "create a show" to sell frm "left pocket" to "right pocket" to make retailers like us think they have unloaded them? After when we all thought they have unloaded and when retailers are loading, they might just be selling the shares frm "right pocket" to us... |
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rentay
Member |
26-Jan-2013 16:40
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This ipco company is a strange and funny company, it is a substantial shareholder of blumont and inno pacific. however ipco itself, Other than VCAM, so far there is no other substantial shareholders holding more than 5% of ipco total shares. When VCAM sold all its converted shares next week, then it will also ceased to become the substantial shareholder of IPCO. | ||
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rentay
Member |
26-Jan-2013 16:24
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The best is a change of IPCO management or entry of white knight and new potential substantial shareholders, then we may see the price rise high.
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yummygd
Supreme |
26-Jan-2013 16:22
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Thats quite a silly assessment. Never let ur personal feelings into a counter. A good buy is a good buy.
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wong18
Member |
26-Jan-2013 16:05
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Mind to share why u are not interested?  
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Bigmama
Master |
26-Jan-2013 15:18
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Another way for it to go up is the management decide to sell its blumont and innopac. Declare it profits 80 million and return to share holders 1.2 cents as special dividend. Then we may see 3 cents. Lol | ||
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NoobTrader
Member |
26-Jan-2013 15:10
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Small gamble with spare change is ok for this counter. Must not "mau" solely based on rumors frm forumers.
Initially I was thinking the amount of floating shares issued was a problem, but then I realized Golden Agri has like 12.84 billion issued shares... Compared to 6 or 7billion shares(correct me if I'm wrong with this) for IPCO? |
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srichipan
Master |
26-Jan-2013 14:10
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Just did a quick look on the financials of ipco. Looks quite ok. But when I see isolator promoting it. I immediately dismiss it as a potential buy. Won't be looking it anymore | ||
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Bigmama
Master |
26-Jan-2013 12:15
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The only chance I think is ipco catching the last wave of the penny stock rally | ||
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Bigmama
Master |
26-Jan-2013 11:59
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Lol, no offense. Everyone who like ipco has already load up ipco and hope hope hope. Just like everyone who likes Iphones has bought it now apple shares will not go up.
I think some people are just trying to talk it up here ...... In vain I guess. |
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