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Contel Corp

gelu2279
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09-Apr-2013 13:52

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if BB don't come in today, does it mean a position of strength for tmr?

terencee ( Date: 09-Apr-2013 13:47) Posted:

no need wait until tml. It is falling again now. LOL.. Seemed like Contel really no point already if no RTO.

2nd half of trading not in play. We won't know the outcome. Everyone now is only waiting for BB to come in or else abandon ship le.

iluvboost ( Date: 09-Apr-2013 13:42) Posted:

it might drop again tmrw to flush everyone out. only the strong will be left. need another 5 more days to go up again. (if it goes up

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mlfbac
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09-Apr-2013 13:50

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this question, need people like risktaker to answer ...

gelu2279 ( Date: 09-Apr-2013 13:40) Posted:

so brudders assuming it does not cross resistance @ 72 for the rest of the day

what are the scenarios it will fall tomorrow? not another 'irrelevant' announcement right? will you short if you are BB?

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terencee
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09-Apr-2013 13:49

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LOL bro.. Bo la..

I still holding on hor.. I only loaded 2 more lots in my SCB account nia.. Haha.. Picked them up when its cheap. All lots in my SCB accounts are there for good.

Bopanha ( Date: 09-Apr-2013 13:28) Posted:

Terrence have sold most of his shares already according and have 2 lots left. Really arh Terry?

mlfbac ( Date: 09-Apr-2013 13:21) Posted:

take care bro..

must take lunch also... else no energy to go thru afternoon session.

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Bopanha
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09-Apr-2013 13:48

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Yahoo reported:

Following ten years of failed preservation talks with Hong Kong officials, action film superstar Jackie Chan donated his last six historic Chinese sandalwood houses to Singapore University of Technology and Design, according to media reports.

Thank Jackie Chan for being so generous. But does the U need these properties? Generosity really has no boundaries.

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terencee
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09-Apr-2013 13:47

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iluvboost ( Date: 09-Apr-2013 13:42) Posted:

it might drop again tmrw to flush everyone out. only the strong will be left. need another 5 more days to go up again. (if it goes up)

gelu2279 ( Date: 09-Apr-2013 13:40) Posted:

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student
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09-Apr-2013 13:43

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Did sifu Terrence say that? Lol. He is so joker, lol.

Bopanha ( Date: 09-Apr-2013 13:28) Posted:

Terrence have sold most of his shares already according and have 2 lots left. Really arh Terry?

mlfbac ( Date: 09-Apr-2013 13:21) Posted:

take care bro..

must take lunch also... else no energy to go thru afternoon session.

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iluvboost
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09-Apr-2013 13:42

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it might drop again tmrw to flush everyone out. only the strong will be left. need another 5 more days to go up again. (if it goes up)

gelu2279 ( Date: 09-Apr-2013 13:40) Posted:

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Bopanha
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09-Apr-2013 13:42

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BBs might meet head on with big uncles. Hehehe!!!

gelu2279 ( Date: 09-Apr-2013 13:40) Posted:

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gelu2279
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09-Apr-2013 13:40

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mlfbac
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09-Apr-2013 13:38

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true.. win win situation for all direct stakeholders...

Bopanha ( Date: 09-Apr-2013 13:22) Posted:

I am not sure what price they are giving to Yuuzoo Corp for absorbing it as a subsidiary via the proposed acquisition.

But I am sure Yuuzoo's shareholders will benefit with today's fall in Contel price because they will get more Contel shares for value they required.

On the other hand Contel's shareholders will not lose out as with the successful acquisition of Yuuzoo they are getting a more solid Contel than before.

mlfbac ( Date: 09-Apr-2013 13:08) Posted:

From the announcement dated 08 March

:http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3EE663858177DF6148257B2700302A16/$file/Contel_ELN_Announcement_8March2013.pdf?openelement

Rationale of the Proposed Issue
The purpose of the Proposed Issue is to raise funds to primarily finance the Company’s
potential acquisition of the entire issued and paid-up share capital of YuuZoo Corporation
BVI (“Proposed Acquisition”) (as announced by the Company on 3 January 2013) and
its related costs as well as to fund its ongoing working capital needs.

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Bopanha
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09-Apr-2013 13:36

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Lunch time, everyone putting on the thinking caps to buy or sell. Hahaha.

If am not wrong, the directors have been said to have express the view that the company will be having positive outlook.

Since they have stressed that the Group expects to be generating proﬁ ts and sufﬁ cient positive cash ﬂ ows from its operations in the next twelve months, I want to think that on its own it could be worth a bet.

Bopanha ( Date: 09-Apr-2013 13:22) Posted:

I am not sure what price they are giving to Yuuzoo Corp for absorbing it as a subsidiary via the proposed acquisition.

But I am sure Yuuzoo's shareholders will benefit with today's fall in Contel price because they will get more Contel shares for value they required.

On the other hand Contel's shareholders will not lose out as with the successful acquisition of Yuuzoo they are getting a more solid Contel than before.

mlfbac ( Date: 09-Apr-2013 13:08) Posted:

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Bopanha
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09-Apr-2013 13:28

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Terrence have sold most of his shares already according and have 2 lots left. Really arh Terry?

mlfbac ( Date: 09-Apr-2013 13:21) Posted:

take care bro..

must take lunch also... else no energy to go thru afternoon session..

terencee ( Date: 09-Apr-2013 13:18) Posted:

Ya.. Terrible..

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terencee
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09-Apr-2013 13:24

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War have no time for lunch. Haha.. fighting war and lunch together. Cos my job don't allow me to leave my station for too long unless I got a job outside I need to attend.

mlfbac ( Date: 09-Apr-2013 13:21) Posted:

take care bro..

must take lunch also... else no energy to go thru afternoon session..

terencee ( Date: 09-Apr-2013 13:18) Posted:

Ya.. Terrible..

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Bopanha
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09-Apr-2013 13:22

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I am not sure what price they are giving to Yuuzoo Corp for absorbing it as a subsidiary via the proposed acquisition.

But I am sure Yuuzoo's shareholders will benefit with today's fall in Contel price because they will get more Contel shares for value they required.

On the other hand Contel's shareholders will not lose out as with the successful acquisition of Yuuzoo they are getting a more solid Contel than before.

mlfbac ( Date: 09-Apr-2013 13:08) Posted:

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mlfbac
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09-Apr-2013 13:21

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take care bro..

must take lunch also... else no energy to go thru afternoon session..

terencee ( Date: 09-Apr-2013 13:18) Posted:

Ya.. Terrible..

mlfbac ( Date: 09-Apr-2013 13:10) Posted:

now 071 kena testing ....

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terencee
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09-Apr-2013 13:18

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Ya.. Terrible..

mlfbac ( Date: 09-Apr-2013 13:10) Posted:

now 071 kena testing .....

terencee ( Date: 09-Apr-2013 13:06) Posted:

Selling again. LOL.. 74/75 needs to clear fast enough so that the shorters can't put up another barrier. Next resistance will be 86. If volume picks up fast enough, it will clear that fast till 86 before slowing down again. Else we will be stuck at 70-72 range all the while. Plus those who entered at a cheaper price this morning might get tired of waiting and unload everything. Afterall, they already profited so much already. And shorts might make use of this opportunity to come in again. The never ending cycle begins

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terencee
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09-Apr-2013 13:16

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Sorry to disappoint. Contel has been rather stagnant recently. Specially after sell down and run up and then sell down again now. It has been quiet all these while. I've been looking at charts frequently so I know.

gelu2279 ( Date: 09-Apr-2013 13:11) Posted:

am pretty sure something is going to happen in the afternoon

stocks like contel rarely stagnate after mid day isn't it?

terencee ( Date: 09-Apr-2013 13:06) Posted:

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mlfbac
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09-Apr-2013 13:14

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Hopefully Mr Tan Choon Wee step in and do something...

gelu2279 ( Date: 09-Apr-2013 13:11) Posted:

am pretty sure something is going to happen in the afternoon

stocks like contel rarely stagnate after mid day isn't it?

terencee ( Date: 09-Apr-2013 13:06) Posted:

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gelu2279
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09-Apr-2013 13:11

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am pretty sure something is going to happen in the afternoon

stocks like contel rarely stagnate after mid day isn't it?

terencee ( Date: 09-Apr-2013 13:06) Posted:

mlfbac ( Date: 09-Apr-2013 13:02) Posted:

hope no more major short sell down..

really not good for confidence .. so close to RTO confirmation.

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mlfbac
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09-Apr-2013 13:10

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now 071 kena testing .....

terencee ( Date: 09-Apr-2013 13:06) Posted:

mlfbac ( Date: 09-Apr-2013 13:02) Posted:

hope no more major short sell down..

really not good for confidence .. so close to RTO confirmation.

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