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currypig Member	04-Oct-2013 16:07        currypig About Contact  Quote this Post!
x 0   x 0  Alert Admin	jaw drop at your phase 3 fastandfuriousch      ( Date: 04-Oct-2013 15:57) Posted: just stop everything and buy IPCO now. buy back now. target 0.04
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teeth53 Supreme	04-Oct-2013 16:07        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Oct 7 to Oct 11. Another week to go n more.  Dust is everywhere now. Another nine  months waiting game for price to float up abit.  oreocookie      ( Date: 04-Oct-2013 16:02) Posted: well done bigmama! Iso... your credibility how?? lol Bigmama      ( Date: 04-Oct-2013 15:39) Posted: I thought you say 4 cents lowest Then 3.7 cent lowest Then 3.4 cent lowest Then 2.8 cent lowest Now 2.6 cent lowest.......... Lo
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oreocookie Member	04-Oct-2013 16:04        oreocookie About Contact  Quote this Post!
x 0   x 0  Alert Admin	lol. u r funny fastandfuriousch      ( Date: 04-Oct-2013 15:57) Posted: just stop everything and buy IPCO now. buy back now. target 0.04
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oreocookie Member	04-Oct-2013 16:02        oreocookie About Contact  Quote this Post!
x 0   x 0  Alert Admin	well done bigmama! Iso... your credibility how?? lol Bigmama      ( Date: 04-Oct-2013 15:39) Posted: I thought you say 4 cents lowest Then 3.7 cent lowest Then 3.4 cent lowest Then 2.8 cent lowest Now 2.6 cent lowest.......... Lol Isolator      ( Date: 04-Oct-2013 13:59) Posted: The worse for ipco has over..... This is fastest retracement done..... 2.6ct will be last time seeing it..... Let's get up the space shuttle now..... LOL
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oreocookie Member	04-Oct-2013 16:01        oreocookie About Contact  Quote this Post!
x 0   x 0  Alert Admin	every Available for Sale financial assets. Actually very easy to calculate... just need to look at the 1Q report. :) Rosesyrup      ( Date: 04-Oct-2013 15:24) Posted: Oreo, your financial assets include everything or just the 10%  Blumont share holding?   Jackpot, I acutally agree with Oreo's conservative way of expensing all Blumont share holding. Yes, just for conservative sake in accounting. Jackpot2010      ( Date: 04-Oct-2013 15:17) Posted: what u mean is even without counting innopac & blumont, IPCO's NAV is still ok at 0.024. I don't thinks innopac & blumont is zero value. But for the sake of argument, assume they are zero, I think u still miss out 2 things below: 1) intangibles of $49m - should oso be excluded if u discount fin assets to zero. 2)  recent conversion moneys from convertible bonds $60m was spent & gone almost immediately. Bulk of it was pumped into Grand Prosper (in China & 75% owned subsidiary of IPCO) whose only activity is in Deshi oil & gas exploration. Grand Prosper was written down to zero value by auditor of co-investors but IPCO did not write off and instead injected even more money into it (i.e. almost all of the convertible bonds money). Important pt is Point 2) above which may be fraudulent 'round-tripping' and if proven so, could be trouble ahead for IPCO. If u exlcude 1) & 2) total $109m from assets, its NAV is another decimal pt, i.e 0.002 px closer to SUNMOON. DYODD. I am not an expert & is likely to be wrong
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Tomique Master	04-Oct-2013 16:00        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	Back to square one and then minus...Iso have exited with big profits. You guys mouth wide wide. Lol...
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oreocookie Member	04-Oct-2013 15:59        oreocookie About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Jackpot, thanks for the great assessment. For me, I based it purely on numbers 1Q this year report. I stripped away all financial assets (all includes blumont and everyone else). Since it was purely mathematical, I did not built in assumptions into the intangible asset and the convertible bond thingy. round tripping is a probably explanation... but there could be many other reasons like bank guarantees in order to secure huge gas project from government.  Jackpot2010      ( Date: 04-Oct-2013 15:17) Posted: what u mean is even without counting innopac & blumont, IPCO's NAV is still ok at 0.024. I don't thinks innopac & blumont is zero value. But for the sake of argument, assume they are zero, I think u still miss out 2 things below: 1) intangibles of $49m - should oso be excluded if u discount fin assets to zero. 2)  recent conversion moneys from convertible bonds $60m was spent & gone almost immediately. Bulk of it was pumped into Grand Prosper (in China & 75% owned subsidiary of IPCO) whose only activity is in Deshi oil & gas exploration. Grand Prosper was written down to zero value by auditor of co-investors but IPCO did not write off and instead injected even more money into it (i.e. almost all of the convertible bonds money). Important pt is Point 2) above which may be fraudulent 'round-tripping' and if proven so, could be trouble ahead for IPCO. If u exlcude 1) & 2) total $109m from assets, its NAV is another decimal pt, i.e 0.002 px closer to SUNMOON. DYODD. I am not an expert & is likely to be wrong. oreocookie      ( Date: 04-Oct-2013 14:30) Posted: I did some simple recalculation of IPCO's NAV by stripping away all its Financial Assets (Current and Non-Current) and derive at a 0.024 NAV. My calculation maybe wrong and I just post here for counter-comments and any corrections, if my calculation is wrong. So, based on 0.024, I would say IPCO is quite safe in terms of real business to share price. Not a con job like Blumont where share price is at the stratospheric level above its NAV.   I am vested and my opinions are biased.
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fastandfuriousch Member	04-Oct-2013 15:57        fastandfuriousch About Contact  Quote this Post!
x 0   x 0  Alert Admin	just stop everything and buy IPCO now. buy back now. target 0.04
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Emptyhand Senior	04-Oct-2013 15:57        Emptyhand About Contact  Quote this Post! Style: Combined   Mood: Yells: "greenhorn !"
x 0   x 0  Alert Admin	lol, I remembered those times Bigmama      ( Date: 04-Oct-2013 15:39) Posted: I thought you say 4 cents lowest Then 3.7 cent lowest Then 3.4 cent lowest Then 2.8 cent lowest Now 2.6 cent lowest.......... Lol Isolator      ( Date: 04-Oct-2013 13:59) Posted: The worse for ipco has over..... This is fastest retracement done..... 2.6ct will be last time seeing it..... Let's get up the space shuttle now..... LOL
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StarLegend Member	04-Oct-2013 15:48        StarLegend About Contact  Quote this Post!
x 0   x 0  Alert Admin	the sentiment is soo bearish now is everyone playing right into the BB hands? STI seems to be flat, KLCI flat also but seems to be closing in the green while hangseng had a sharp recovery from its low...     since retailer sentiment is usually wrong does this mean next week we are gonna see a bull run?
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solidbuy Veteran	04-Oct-2013 15:45        solidbuy About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think he cannot sleep during the weekend liao..... halleluyah      ( Date: 04-Oct-2013 15:40) Posted: i think 2.4 also no problem Bigmama      ( Date: 04-Oct-2013 15:39) Posted: I thought you say 4 cents lowest Then 3.7 cent lowest Then 3.4 cent lowest Then 2.8 cent lowest Now 2.6 cent lowest.......... Lo
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halleluyah Elite	04-Oct-2013 15:40        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	i think 2.4 also no problem Bigmama      ( Date: 04-Oct-2013 15:39) Posted: I thought you say 4 cents lowest Then 3.7 cent lowest Then 3.4 cent lowest Then 2.8 cent lowest Now 2.6 cent lowest.......... Lol Isolator      ( Date: 04-Oct-2013 13:59) Posted: The worse for ipco has over..... This is fastest retracement done..... 2.6ct will be last time seeing it..... Let's get up the space shuttle now..... LOL
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Bigmama Master	04-Oct-2013 15:39        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	I thought you say 4 cents lowest Then 3.7 cent lowest Then 3.4 cent lowest Then 2.8 cent lowest Now 2.6 cent lowest.......... Lol Isolator      ( Date: 04-Oct-2013 13:59) Posted: The worse for ipco has over..... This is fastest retracement done..... 2.6ct will be last time seeing it..... Let's get up the space shuttle now..... LOL
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solidbuy Veteran	04-Oct-2013 15:36        solidbuy About Contact  Quote this Post!
x 0   x 0  Alert Admin	maybe below my buy price 020.....
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nqing87 Veteran	04-Oct-2013 15:33        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	No need to sell everything at 1 shot, sell bit by bit is better than the current situation now.. now is few stocks plunge together & suspended, the downside momentum is much stronger as all stocks are falling together, coupled with the US ceiling.. weeks ago when market is still ok, they dont want sell, which liekly not be as bad as now.. now ipco has to continue hold, 'cos if they sell now, even worse.. dingbat      ( Date: 04-Oct-2013 15:25) Posted: Ipco's CEO is  HEAVILY vested in Blumont. If  Ipco released the kraken at Blumont's peak, all hell would have broken lose, like now. All is interrelated siah. nqing87      ( Date: 04-Oct-2013 15:17) Posted: yea, i was wondering weeks ago about why ipco dont sell blumont when it chiong to sky high, was thinking maybe they see something we dont, but now we see blumont has crashed, a bit wasted for ipco not to cash in big money when they can.. the past few weeks blumont has decent volume.. selling it slowly everyday will not crash blumont during  that period of time.. dunno what the management was thinking by holding  blumont tightly.. 500mil dont want to earn, now only  paper gain  180mi
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solidbuy Veteran	04-Oct-2013 15:30        solidbuy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Enjoy..... Isolator      ( Date: 04-Oct-2013 15:05) Posted: If you are in ipco..... the weekend will still be happy..... It is a happy event..... Bottom already....
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Bigmama Master	04-Oct-2013 15:26        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	They have no chioce.... They are caught..... So act brave lor.... handongni      ( Date: 04-Oct-2013 15:21) Posted: because all they know is hold tight tight, lol. nqing87      ( Date: 04-Oct-2013 15:17) Posted: yea, i was wondering weeks ago about why ipco dont sell blumont when it chiong to sky high, was thinking maybe they see something we dont, but now we see blumont has crashed, a bit wasted for ipco not to cash in big money when they can.. the past few weeks blumont has decent volume.. selling it slowly everyday will not crash blumont during  that period of time.. dunno what the management was thinking by holding  blumont tightly.. 500mil dont want to earn, now only  paper gain  180mi
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dingbat Senior	04-Oct-2013 15:25        dingbat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ipco's CEO is  HEAVILY vested in Blumont. If  Ipco released the kraken at Blumont's peak, all hell would have broken lose, like now. All is interrelated siah. nqing87      ( Date: 04-Oct-2013 15:17) Posted: yea, i was wondering weeks ago about why ipco dont sell blumont when it chiong to sky high, was thinking maybe they see something we dont, but now we see blumont has crashed, a bit wasted for ipco not to cash in big money when they can.. the past few weeks blumont has decent volume.. selling it slowly everyday will not crash blumont during  that period of time.. dunno what the management was thinking by holding  blumont tightly.. 500mil dont want to earn, now only  paper gain  180mil handongni      ( Date: 04-Oct-2013 15:06) Posted: Ipco did not sell Blumont at the good time, big mistake.
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Rosesyrup Veteran	04-Oct-2013 15:24        Rosesyrup About Contact  Quote this Post!   Yells: "Get your own opinion, don't follow blindly."
x 0   x 0  Alert Admin	Oreo, your financial assets include everything or just the 10%  Blumont share holding?   Jackpot, I acutally agree with Oreo's conservative way of expensing all Blumont share holding. Yes, just for conservative sake in accounting. Jackpot2010      ( Date: 04-Oct-2013 15:17) Posted: what u mean is even without counting innopac & blumont, IPCO's NAV is still ok at 0.024. I don't thinks innopac & blumont is zero value. But for the sake of argument, assume they are zero, I think u still miss out 2 things below: 1) intangibles of $49m - should oso be excluded if u discount fin assets to zero. 2)  recent conversion moneys from convertible bonds $60m was spent & gone almost immediately. Bulk of it was pumped into Grand Prosper (in China & 75% owned subsidiary of IPCO) whose only activity is in Deshi oil & gas exploration. Grand Prosper was written down to zero value by auditor of co-investors but IPCO did not write off and instead injected even more money into it (i.e. almost all of the convertible bonds money). Important pt is Point 2) above which may be fraudulent 'round-tripping' and if proven so, could be trouble ahead for IPCO. If u exlcude 1) & 2) total $109m from assets, its NAV is another decimal pt, i.e 0.002 px closer to SUNMOON. DYODD. I am not an expert & is likely to be wrong. oreocookie      ( Date: 04-Oct-2013 14:30) Posted: I did some simple recalculation of IPCO's NAV by stripping away all its Financial Assets (Current and Non-Current) and derive at a 0.024 NAV. My calculation maybe wrong and I just post here for counter-comments and any corrections, if my calculation is wrong. So, based on 0.024, I would say IPCO is quite safe in terms of real business to share price. Not a con job like Blumont where share price is at the stratospheric level above its NAV.   I am vested and my opinions are biased.
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teeth53 Supreme	04-Oct-2013 15:23        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	If U mean dust, U are right. paisaa      ( Date: 04-Oct-2013 14:01) Posted: Up Up and Away.
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