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Neglected, Illiquid, Undervalue, Recovery counter

teeth53
Supreme

29-Jan-2013 09:20

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Yells: "don't learn through life, learn to grow with life "

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Artillery ur short position if it surge again...Huat...argh.

teeth53 ( Date: 29-Jan-2013 09:17) Posted:

Lai lai...argh. Place ur bet here......going 0.024cents liao

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
0.023	310	157,634,000	59,235,000	0	98,399,000
0.024	87	35,185,000	0	0	35,185,000
TOTAL	397	192,819,000	59,235,000	0	133,584,000

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teeth53
Supreme

29-Jan-2013 09:17

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Lai lai...argh. Place ur bet here......going 0.024cents liao

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
0.023	310	157,634,000	59,235,000	0	98,399,000
0.024	87	35,185,000	0	0	35,185,000
TOTAL	397	192,819,000	59,235,000	0	133,584,000

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yummygd
Supreme

29-Jan-2013 09:16

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Sell Q keep filling

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srichipan
Master

29-Jan-2013 09:13

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Buy queue like very fierce

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teeth53
Supreme

29-Jan-2013 09:13

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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_72F0DC40DD93687248257AFE0025AA47/$file/IPCO250113.pdf?openelement

IPCO250113.pdf

As at 22 Jan 2013, Company has increased from 3,633,299,986 ordinary shares to 4,660,799,986 ordinary shares. Further to the announcements of 18 Jan 2013, 21 Jan 2013 and 23 Jan 2013, the Board of Directors of the Company wishes -- USE OF PROCEEDS:

Funds transferred to Grand Prosper Grp Ltd and its subsidiary Deshi Oil & Gas Exploration Co. Ltd (3,463,000)

Funds transferred to Anlu, Dawu and XiaoChang Gas distribution network and CNG Fuel Station projects for business expansion of the Company (5,873,000)

Legal professional fees for Proposed Issue (153,000) Working Capital (5,868,000). Balance 43,743,000

The above utilization (Funds transferred to Anlu, Dawu and XiaoChang Gas distribution network, Legal professional fees and working capital amounting to S$11.894 million) of the net proceeds is within the limit of the balance (approximately S$12 million) of the total estimated net proceeds of about S$59 million from the S$60 million Notes, after setting aside the 80% portion.

(approximately S$47 million) intended to fund the expansion plans of the Deshi subsidiary as approved by the shareholders at the EGM held on 27 June 2008.

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srichipan
Master

29-Jan-2013 09:08

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The RSI indicator is at oversold zone, which usually is a buy signal.

stevenlim109 ( Date: 29-Jan-2013 09:07) Posted:

where is sifu risktaker !!!

teeth53 ( Date: 29-Jan-2013 08:57) Posted:

And keep diluting shr value....

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Nopainnogain
Senior

29-Jan-2013 09:07

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for those have yet to enter.. this is your last chance

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stevenlim109
Senior

29-Jan-2013 09:07

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where is sifu risktaker !!!

teeth53 ( Date: 29-Jan-2013 08:57) Posted:

And keep diluting shr value....

apollo8749 ( Date: 29-Jan-2013 08:47) Posted:

Money not enough! Keep issuing shares, must be got big projects.... ..

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teeth53
Supreme

29-Jan-2013 08:57

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And keep diluting shr value....

apollo8749 ( Date: 29-Jan-2013 08:47) Posted:

Money not enough! Keep issuing shares, must be got big projects.... ..

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apollo8749
Member

29-Jan-2013 08:47

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Money not enough! Keep issuing shares, must be got big projects.... ..

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Nopainnogain
Senior

29-Jan-2013 08:19

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Tips for every1 here... Dato will not simply invest money....

except for those got fantastic return...

I heavily invested.... hope all ppl hua t Ah.

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NoobTrader
Member

29-Jan-2013 07:58

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News on the Ex KL Minister investing in IPCO is also mentioned on Money section of Straits Times today.

More gd news to come!

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teeth53
Supreme

29-Jan-2013 07:57

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Ipco. just collected alot of cash n still want to place out more shr at further discount. The dato certainly make more cash 10% liao, further this...it the BBs biggest can very easily making ton of of from un-suspecting players who'll, will be left holding babe.

I m 101% sure about it...mean while happi speculate and help the dato rise to his target price, whatever he has in mind his target n not ur.

Speculators. Huat..argh

srichipan ( Date: 29-Jan-2013 00:27) Posted:

I see. Make sense

jovenus ( Date: 29-Jan-2013 00:23) Posted:

Need to be attactively priced to get placement. Else, how can the placee make money ?

Dun think Dato interested in the 10 % discount margin, $600

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tankuku
Master

29-Jan-2013 07:13

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The placement new by the Dato is really positive. Should be moving to the TP: $0.100 in the coming months. Mid to long term should be good.

I am holding for the mid to long term.

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srichipan
Master

29-Jan-2013 00:27

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I see. Make sense

jovenus ( Date: 29-Jan-2013 00:23) Posted:

Need to be attactively priced to get placement. Else, how can the placee make money ?

Dun think Dato interested in the 10 % discount margin, $600k

srichipan ( Date: 29-Jan-2013 00:03) Posted:

Why can't It be too high

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jovenus
Member

29-Jan-2013 00:23

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Need to be attactively priced to get placement. Else, how can the placee make money ?

Dun think Dato interested in the 10 % discount margin, $600k

srichipan ( Date: 29-Jan-2013 00:03) Posted:

Why can't It be too high?

jovenus ( Date: 28-Jan-2013 23:55) Posted:

Price can't be too high when issuing placement share to Dato.

After placement, who knows

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srichipan
Master

29-Jan-2013 00:03

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Why can't It be too high?

jovenus ( Date: 28-Jan-2013 23:55) Posted:

Price can't be too high when issuing placement share to Dato.

After placement, who knows ?

moneycow ( Date: 28-Jan-2013 23:38) Posted:

Nothing positive moving yet. If its so promising.

:)

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jovenus
Member

28-Jan-2013 23:55

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Price can't be too high when issuing placement share to Dato.

After placement, who knows ?

moneycow ( Date: 28-Jan-2013 23:38) Posted:

Nothing positive moving yet. If its so promising.

:)

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moneycow
Master

28-Jan-2013 23:38

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Nothing positive moving yet. If its so promising.

:)

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jovenus
Member

28-Jan-2013 23:25

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In addition, the Placee has agreed to a moratorium not to sell, assign, or trade in the

Placement Shares for a period of six (6) months from the date of the issue and allotment of

the Placement shares

NTA per Share (cents)

Before placement $0.05

After placement $0.04

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