Latest Forum Topics / Renaissance United Last:0.001 -- | Post Reply |
Neglected, Illiquid, Undervalue, Recovery counter
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blackcode
Member |
04-Oct-2013 19:18
Yells: "Fortune Favors The Bold " |
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have they cashed out or not is still a question mark. its obvious blumont is way way overvalue and they could have off loaded bit by bit during those times. If they still holding on tightly to its shares i really dunno wat to say.. 
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blackcode
Member |
04-Oct-2013 19:15
Yells: "Fortune Favors The Bold " |
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have they already cashed out or not is still a question mark. Its obvious tat blumont is way way overvalue and they could have off load slowly during those times. If they are still holding on to its shares now i really dunno wat to say..
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Bigmama
Master |
04-Oct-2013 19:00
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Was ipco management too greedy? They had a few hundred million gain. If they play it wrong..... Puff ... All gone. They had that chance to cash out and make ipco rich...(.or did they?) ....and ipco can be a very different company...... Now it never be the same.
Trust me.... We will not see 6 cents period. Don't let some crazy fool talk you otherwise. Now last week spike is it a pump and dump? |
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hmphie
Senior |
04-Oct-2013 18:56
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Blumont's price was probably fried upwards to allow SSHs to pledge their shares for leverage? | ||||
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paccch
Member |
04-Oct-2013 18:49
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The oil and gas business in China and US properties are only a  small  portion  of their overall business as indicated by its revenues. Their main business and gains are thru investments. Ipco is definitely attractive given it's exposure to investments as stocks are still in their historical lows after the financial crisis, and now is just the beginning of the u turn of the business trough, it'll takes about 5 to 6 years before it reached saturation point.
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Bluemanta
Member |
04-Oct-2013 18:19
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agree. ipco's current price is still well within its own fundamentals, regardless of its gains in innopac and blumont. its growth story will be its expanding gas industries in china and increasing gas prices.  
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spss1955
Senior |
04-Oct-2013 18:04
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Hi xtraderx, for a long time, ipco's price did not move very much despite Blumont's spectacular rise. If the BBs had to " manipulate" Blumont's stock price by more than 10x to " generate" a 80-100% rise in Ipco's price, then I don't consider their effort to be very successful, right? Assuming if what you're saying is correct. Furthermore, that spike in Ipco's price to 4.6c was so short-lived. I can't imagine the BBs working so hard  to win their prize for one day. Ipco's rise and fall was, as we all know, due to  expectations and stock play and not due to the reason as you mentioned in your post. Sorry to contradict you again. 
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solidbuy
Veteran |
04-Oct-2013 18:00
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if ipco get suspended, he will vomit out the lobster......lol
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giganticmoney
Member |
04-Oct-2013 17:46
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Now, this guy is the REAL sifu! 
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Isolator
Supreme |
04-Oct-2013 17:45
Yells: "STI is hard landing to below 2000..." |
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If you never post that 2ct TP...... I may believe you...... LOL
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giganticmoney
Member |
04-Oct-2013 17:45
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guess the deal will be off since the price of $2.02 is not achievable now
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fastandfuriousch
Member |
04-Oct-2013 17:43
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sorry for the late posting, just having a early lobster dinner. THANKS ALL FOR MAKING PROJECT A a hit. PROJECT B will start next week.   |
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xtraderx
Member |
04-Oct-2013 17:40
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I think its extremely unlikely for Blumont to hit $2 again, the gig is up, cat is out of the bag now.
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k2kingkong
Member |
04-Oct-2013 17:39
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SIAS called for SGX to investigate.  SGX did not announce that it has started any investigation.  Blumont share price dropped was linked to its proposed purchase of a proposed    takeover of a foreign-listed coal company for about S$146    million ($117 million), sending its shares plummeting 39    percent.    Blumont did not name its target, but said it had made  previous investments in the company. A company it has invested in, Australian-listed coal explorer Cokal Ltd, went on  a trading halt at the same time.    If SGX has started investigation against Blumont and related companies, there has been no announcement.  If many people knew that SGX has commenced investigation, who are they ?  wouldn't they be guilty of insider trading ?  Has SGX acted in a transparent way ? |
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Isolator
Supreme |
04-Oct-2013 17:39
Yells: "STI is hard landing to below 2000..." |
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Those forummer whose mood has been affected badly by ipco fall when longing.... Please review your understanding of holding power...... I believe you have invest not within your means....  Luckily this is ipco as  you can still take back your losses and with profit later on again..... Enjoy... | ||||
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teeth53
Supreme |
04-Oct-2013 17:37
Yells: "don't learn through life, learn to grow with life " |
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This time if Blumont din see or touch high of $2/- ++ again, (since in the same boat?), may even take more then 52 wk or long to float up, it took a year to hit 3.3c n ONLY one/two days to fall.
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solidbuy
Veteran |
04-Oct-2013 17:37
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1. now is 28, with the ongoing sendiments, shutdown and debt ceiling coming, chances are 50% (my guess) 2. look at the chart you should know. 3. If it really doesn't touch 020, I can always play other counters. But If it really touch, I will long for years until 5cts or more. Either way, I don't lose...
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xtraderx
Member |
04-Oct-2013 17:36
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Should be crystal clear to you now. :)
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spss1955
Senior |
04-Oct-2013 17:32
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What a day! Am going to watch a movie tonight with wifey and chill out...
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nqing87
Veteran |
04-Oct-2013 17:32
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'cos that will really be long long term.. im long term, but not that long like 5-10 years lol.. the huge paper gain is more attractive to me now at this point in time as it is there black & white.. the oil & gas, not even sure if management able to deliver the potential
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