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Contel Corp
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Huatahearnmoney
Senior |
09-Apr-2013 10:22
Yells: "Rich is ruthless, share the wealth ,share your insider news!" |
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How i see it is... the announcement is going to favour yuuzoo alot. that's why they must remind u there contel is chui. but see... how chui ah, the prices are also at this range. so how chui can it be? now this is a test for those who can hold, hold until announcement. meanwhile i hope no missle or what fk.    
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Bopanha
Master |
09-Apr-2013 10:20
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Losses runs into 5 figures for many.   There are two options open.   Keep under the pillow (abt $100K) and wait for RTO or a year later when you could see the money grow back in between bullishness.   Alternatively bite the bullet and sell losing $10 to $15K, completely or keep half for future.   My thinking is this way,   if you are stuck here.
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rotijai
Supreme |
09-Apr-2013 10:18
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u guys are consoling among urself.. -_- hopefully u are right.. |
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chupopo
Member |
09-Apr-2013 10:17
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Auditor is just to audit and look and state the current company financial statement. they will say what is current in the books only. Not talking on future plans or strategies of the company they may help to bring the company to another level. its possibly true that contel is not in good shape. which what makes the RTO feasible. Both needs each other to scratch their backs. Just thinking aloud niah.... 
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terencee
Master |
09-Apr-2013 10:16
Yells: "I don't entertain trolls." |
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Thanks bro ballball.. Just a little bit stress sitting on 5 digit losses these few days. But life still goes on. my contra lots just cut loss. The rest keep under pillow already. Not gonna look at this. Hopefully RTO will push price back. Everything will be as usual.     
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Bopanha
Master |
09-Apr-2013 10:13
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All longists kenna hit today.   Bluddy BBs syndicates laughing to the banks.   The only chance is for some competitors of Yuuzoo to buy Contel as an insurance because if RTO is successful, at least they can have some say.   Hehehe. Cheers!!. 
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ballball
Master |
09-Apr-2013 10:04
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Bro Terencee, I hope u are fine. God Bless You! | ||||
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iluvboost
Master |
09-Apr-2013 10:01
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today is the flush down 
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terencee
Master |
09-Apr-2013 09:55
Yells: "I don't entertain trolls." |
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I still think Contel will go through the RTO.    This is the life saver if anyone forgotten. http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3EE663858177DF6148257B2700302A16/$file/Contel_ELN_Announcement_8March2013.pdf?openelement  |
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srichipan
Master |
09-Apr-2013 09:50
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That why I said the whole
announcement is just weird. It makes the auditor look very ignorant. Anyway he just reminded everyone about contel bad financial position. However if the RTO goes thru the situation will be very different. And evidences are pointing towards RTO now |
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Bopanha
Master |
09-Apr-2013 09:49
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I do expect many people to buy back, and with some big buying it could return back above 8 cents for a small loss.   Fingers crossed.
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Bopanha
Master |
09-Apr-2013 09:46
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Would say much information on Contel has been very open and players should understand. Last year, even without any news it was already very speculative.
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terencee
Master |
09-Apr-2013 09:45
Yells: "I don't entertain trolls." |
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The unaudited report was released on 1 March 2013. That was when Contel dip also. However Contel ran back up after 2 weeks of sell down.    This time the audited report was slightly better than the last but still faces same issues though. Why the sell down again after it as ran up ? Perhaps someone collecting low or shorts taking advantage.   Now anything can happen to Contel. If BB no come in buy up soon, Contel might go down later in the 2nd half of trading. There's lots of panic selling but there is still a damn small group of people buying. Perhaps speculations like me I guess. 
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Ryuuenji
Member |
09-Apr-2013 09:45
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And I still remembered he saying the stock will " SPRING" ..... Now it is good to see who is the spring jumping up and down.
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Ryuuenji
Member |
09-Apr-2013 09:43
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It always good to have people like you in the forum... We take you guys comments as mess market mentalily indicators. Always a perfect guide for us traders.  
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iluvboost
Master |
09-Apr-2013 09:42
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yesterday i already say the auditors thing is a big deal. people dont believe.
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ken_boy
Member |
09-Apr-2013 09:40
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Bro hope the amount u stuck is still not too bad. Anyway the audit report is not really something new, if one has been following this counter should know. Wonder how come the sudden plunge or are shortists just taking advantage of this news?
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Bopanha
Master |
09-Apr-2013 09:37
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It is just a standard report. All auditors will write this format as required by law. It is just a way of covering backside for no practical purposes.
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Octavia
Elite |
09-Apr-2013 09:37
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That is the beauty of penny stock.Can fly very fast and can also tank very fast. High risk high gain.
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student
Veteran |
09-Apr-2013 09:37
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Yes sifu, lol.
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