Latest Forum Topics / W Corp | Post Reply |
Contel Corp
|
|||||
mlfbac
Veteran |
09-Apr-2013 13:08
Yells: "Make Life Fun But Always Considerate" |
||||
x 0
x 0 Alert Admin |
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. |
||||
Useful To Me Not Useful To Me | |||||
terencee
Master |
09-Apr-2013 13:06
Yells: "I don't entertain trolls." |
||||
x 0
x 0 Alert Admin |
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.
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
1963411
Member |
09-Apr-2013 13:02
|
||||
x 0
x 0 Alert Admin |
Just back from a walk after sufferred big loss today. Re-think again, what kind of announcement I should expect to see on 15 April 2013? 1. RTO deal is confirmed? 2. RTO deal is postponed? - Unlikely, YuuZoo audit would have been finalised by now (1.5 months passed) and unlikely there will be new reason to extend the deal again.. 3. RTO is called off? If that is the case, the could have announced now, why want to wait till 15 April 2013.. ? (finger crossed)   Disclaimer. Personal thoughts only.   |
||||
Useful To Me Not Useful To Me | |||||
mlfbac
Veteran |
09-Apr-2013 13:02
Yells: "Make Life Fun But Always Considerate" |
||||
x 0
x 0 Alert Admin |
hope no more major short sell down.. really not good for confidence .. so close to RTO confirmation.  
|
||||
Useful To Me Not Useful To Me | |||||
gelu2279
Member |
09-Apr-2013 12:57
|
||||
x 0
x 0 Alert Admin |
ok i guess i will wait for short sell and load again | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
clickshop1628
Veteran |
09-Apr-2013 12:55
|
||||
x 0
x 0 Alert Admin |
The simple reason is stock manipulation by the BBs. Just like WE the last time, no reasons also, they simply bashed it now and the momentum will take it down. But they can only do it for the short term only.
|
||||
Useful To Me Not Useful To Me | |||||
srichipan
Master |
09-Apr-2013 12:45
|
||||
x 0
x 0 Alert Admin |
Yuuzoo is a good company tapping on the social media. | ||||
Useful To Me Not Useful To Me | |||||
mlfbac
Veteran |
09-Apr-2013 12:44
Yells: "Make Life Fun But Always Considerate" |
||||
x 0
x 0 Alert Admin |
Am not able to find the subscription agreement, according to the announcement: Closing Date In respect of each sub-tranche of the Notes, the date on which such sub-tranche of the Notes is subscribed for and issued pursuant to the Subscription Agreement and (i) in respect of the first sub-tranche of Tranche  1 Notes, on the date falling two (2) business days immediately after the last of the conditions precedent set out in the Subscription Agreement are fulfilled or such other date as the Parties mayagree in writing and in respect of the subsequent sub-tranches of Tranche 1 Notes, on the fifth (5 th ) business day after the Tranche 1 conversion date in respect of the immediately preceding sub-tranche of Tranche 1 Notes.
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
gelu2279
Member |
09-Apr-2013 12:43
|
||||
x 0
x 0 Alert Admin |
well to me its very simple... the premise for past financial performance has not changed since yesterday post auditor qualification, the p& l is the same, the cashflow is the same,  if the announcement was about misstating core revenue and cost of sales... then i will be worried BIG time  so i don't understand why so much confidence is lost in 3 hours! brudders pls enlighten me!
|
||||
Useful To Me Not Useful To Me | |||||
ken_boy
Member |
09-Apr-2013 12:39
|
||||
x 0
x 0 Alert Admin |
Lol I personally feel averaging is a good way if you are unsure and wanna reduce variance.. Don't have to sell all at one go. Just some thinkers.. Haha.
|
||||
Useful To Me Not Useful To Me | |||||
rotijai
Supreme |
09-Apr-2013 12:36
|
||||
x 0
x 0 Alert Admin |
it's only possible if 1200 ppl hand over their 500 lots $ to 2-4 person.. then they manipulate the stock.. but definitely not contel... other quieter stock may be..
|
||||
Useful To Me Not Useful To Me | |||||
gelu2279
Member |
09-Apr-2013 12:35
|
||||
x 0
x 0 Alert Admin |
let go and buy back ah? :)
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
gelu2279
Member |
09-Apr-2013 12:34
|
||||
x 0
x 0 Alert Admin |
yes
investor united team... take a stand pickup your sword and shield...rally and fight through the fluff!
|
||||
Useful To Me Not Useful To Me | |||||
mlfbac
Veteran |
09-Apr-2013 12:32
Yells: "Make Life Fun But Always Considerate" |
||||
x 0
x 1 Alert Admin |
Yes, gelu2279 should consider locking profits. But try not to let go in one shot................  lol
|
||||
Useful To Me Not Useful To Me | |||||
Huatahearnmoney
Senior |
09-Apr-2013 12:32
Yells: "Rich is ruthless, share the wealth ,share your insider news!" |
||||
x 0
x 0 Alert Admin |
must coordinate well la. one surpreme leader to lead us all. den we all bao huat. together. but need full cooperation cannot be too greaddy. lol everyone earn 2k must exit and pass on and must bid higher. 
|
||||
Useful To Me Not Useful To Me | |||||
terencee
Master |
09-Apr-2013 12:30
Yells: "I don't entertain trolls." |
||||
x 0
x 0 Alert Admin |
But RTO must go thru in order for the tranches subscription to be cfm.    Contel took many days to climb up and tried to break 10c. But only 2 days to come down. 
|
||||
Useful To Me Not Useful To Me | |||||
rotijai
Supreme |
09-Apr-2013 12:30
|
||||
x 0
x 0 Alert Admin |
if all 1200 of us are buying 500 lots.. u can expect a big sell down... immediately
|
||||
Useful To Me Not Useful To Me | |||||
ken_boy
Member |
09-Apr-2013 12:29
|
||||
x 0
x 0 Alert Admin |
Actually the auditors did nothing wrong.. They just did what they are paid to do lol, which is to release the audit report before the announcement date. As for your question, I think it depends on ur risk appetite? Since u mention u added more lots, are u holding more than you can comfortably? And must also ask yourself how u feel about the share price going forward.
|
||||
Useful To Me Not Useful To Me | |||||
yummysukiyaki
Senior |
09-Apr-2013 12:28
|
||||
x 0
x 0 Alert Admin |
This stock is very speculative like the see-saw...bought at .065c n will contra this time, dont wish to hold...so scary.. | ||||
Useful To Me Not Useful To Me | |||||
srichipan
Master |
09-Apr-2013 12:28
|
||||
x 0
x 0 Alert Admin |
0.72 is the opening price? It means anything above short sellers are losing money. That's why are protecting it. | ||||
Useful To Me Not Useful To Me |