Latest Forum Topics / Renaissance United Last:0.001 -- | Post Reply |
Neglected, Illiquid, Undervalue, Recovery counter
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yummygd
Supreme |
27-Sep-2013 23:18
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Lol so funny this ipco thread. So many speculations going on. I remember healthway when Peter Lim bought it went up so high. Den cause peter lim wanna buy over thomson medical thats why cash out healthway tanked all e way. Same story arh? But in e end healthway came out with a share issue so shareholders all laughing to bank. But took years la lol aiya just wait n see monday he sell more boh. If keep selling den good luck to all of us lol | ||||
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ace333
Supreme |
27-Sep-2013 23:03
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lol......firstly isn't tat wat bigmama trying to do? sell high buy low instead of just keep buying......isn't tat similar to wat Edward may do according to yr statement.    secondly look at this statement by another bro..............." I hear you. Held for 8 mth during which it peaked at 3.8 then fell to 2.7. My guess is that Towkay Lee did not unload on Wed because he too believed it would fly higher. Probably did so today to channel funds elsewhere. This means that IT WILL rebound higher after this. 2 days only and punters are feeling uneasy."   does it not say ipco WILL rebound higher coz Edward sold?  my question was if Edward sold more then again it WILL go even higher? 
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nqing87
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27-Sep-2013 22:53
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everyone knows blumont is overvalued.. it just keep going up, and bubble bound to burst one day.. the important thing is if ipco is able to cash out their huge profits before that happen.. 
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nqing87
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27-Sep-2013 22:50
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dont think edward will sell all shares w/o seeing ipco cash out the blumont profit first.. ipco always has this pull back when it chiong.. edward senses it, and decide to cash out some first, let ipco fall back a bit, then buy back again.. i believe he is still optimistic about ipco..
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xtraderx
Member |
27-Sep-2013 22:49
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Blumont isn't worth anything, why would a company with 4b market cap need to raise a few million dollars with rights issue? What I'm speculating now is that the SSHs in blumont likely engaged in " wash sales" to push up the share price, I'm surprised that SGX hasn't intervened so far, they are sleeping on the job again. Good thing that IPCO's NAV is still higher than current share price even if blumont is worth nothing, if IPCO is trading at $0.10 or more now the subsequent crash is going to be ugly. 
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ace333
Supreme |
27-Sep-2013 22:47
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lol.....did I call for a sell? I just compliment bigmama after mkt hours for his good trading which is similar to Edward. where did u see a buy or a sell call.............by the way mkt is closed.
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nqing87
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27-Sep-2013 22:42
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also missed out on selling around 4.5cents.. was thinking maybe continue chiong next day with momentum as volume traded very high.. as what rosesyrup was saying, dont want to miss the big fish, we never know when market decide to give ipco it's fair value price.. for the 3rd consecutive time, ipco pull back straight away next day the moment it surged.. buy on dips, sell when chiong.. must remember
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srichipan
Master |
27-Sep-2013 22:42
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What talking you? If want people to sell away the shares, at least explain yourself clearly. Not just selectively cap-size certain words
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handongni
Senior |
27-Sep-2013 22:36
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Those believe and took that advice now peeping in their pants. 
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nqing87
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27-Sep-2013 22:36
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then he wouldnt have sold his shares in first place lol.. i dont think he is willing to wait 10 years.. im just waiting for the day ipco sold blumont shares, and with the cash, do something great from it.. maybe give some dividend also happy.. if give all 400+million as dividend (dreaming), that will be near 10 cents dividend per share lol
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ace333
Supreme |
27-Sep-2013 22:26
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lol......
respect u man............u noe how to SWING and Edward also noe how to take profit............BUT some people tinks he is smarter than u and Edward put together.........lol............just keep buying...........anyway those  who keep seeing Edward buy therefore have confidence well Edward sold some SHOULD they also sell some?.........cant be Edward buy therefore good for ipco ........now Edward sell some even better for ipco...........question is if Edward sell all then its the BEST for ipco?
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yummygd
Supreme |
27-Sep-2013 22:18
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I think its time for small shareholders to force ipco to sell blumont or its gonna go poof soon | ||||
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hmphie
Senior |
27-Sep-2013 21:54
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I am less optimistic. If EL's horizon for this stock is say 10 years, I am sure he can weather a drop way below 3ct and hold it indefinitely. Way longer than us.
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hmphie
Senior |
27-Sep-2013 21:52
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Most probably chuckling uncontrollably :p
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dingbat
Senior |
27-Sep-2013 21:35
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I hear you. Held for 8 mth during which it peaked at 3.8 then fell to 2.7. My guess is that Towkay Lee did not unload on Wed because he too believed it would fly higher. Probably did so today to channel funds elsewhere. This means that IT WILL rebound higher after this. 2 days only and punters are feeling uneasy. Think someone in this forum sat on Ezion since it was 50 plus cent till today, another at sgtalk said his pa kept Blumont since it was a few cents. With the  fated  stock, patience has its rewards.
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nqing87
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27-Sep-2013 21:28
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i guess the buy up recently is just a temporary buy up that is not for long term investment, or probably he feels there is correction after the spike.. from all the recent trades, whenever ipco surge, the very next day, it falls.. it is reasonable for him to sell now, then wait for ipco to do its usual drop back, then buy back the shares again.. whatever his thinking, he had already made profits and i think ipco wont fall back below 3 cents, hence not hurting his investment.. buy back at lower price at more shares.. good move to me..
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oreocookie
Member |
27-Sep-2013 21:23
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sianz.... monday run road liao. painful for me. | ||||
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mlfbac
Veteran |
27-Sep-2013 21:21
Yells: "Make Life Fun But Always Considerate" |
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I just hope Edward is not here to read these postings.. Dun know to laugh or vomit blood.... LOL |
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xtraderx
Member |
27-Sep-2013 21:19
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Agree.. but he didn't do that, he only dumped today, after the trading curbs and all. Must have been frightened by the curb, totally buey zai.
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xtraderx
Member |
27-Sep-2013 21:15
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He made 60% on 14% of his total holdings only, now the remaining 86% of his holdings are going to lose a lot of value in the days ahead, thats why I say he buey zai, SSHs cannot dump like that into open market without hurting themselves one...
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