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Yuuzoo Corp - The Rise Post Reply Rate topic
1963411 Member	10-Sep-2013 13:09        1963411 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The multi million question now is will this be another pump and dump.....
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Tomique Master	10-Sep-2013 13:02        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, happy to see Contel receiving attention now.... ruready      ( Date: 10-Sep-2013 12:55) Posted: Fly next non stop
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ruready Master	10-Sep-2013 12:55        ruready About Contact  Quote this Post!
x 0   x 0  Alert Admin	Fly next non stop
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ruready Master	10-Sep-2013 12:54        ruready About Contact  Quote this Post!
x 0   x 0  Alert Admin	Coming liao
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dinolonghuat Member	10-Sep-2013 11:08        dinolonghuat About Contact  Quote this Post!
x 0   x 0  Alert Admin	This accumulation has been long , hopefully it can flip a few folds. So far this is the closest RTO on the table now.....
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ruready Master	10-Sep-2013 11:00        ruready About Contact  Quote this Post!
x 1   x 1  Alert Admin	Bb is accumulate again,,,,0.069-0.071cts...I'm in again after sell my uni food
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clonevil Member	04-Sep-2013 22:37        clonevil About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like things are finally starting to move. 2 tranches in 2 days. Maybe tomorrow will have high volume again. Tlc8888      ( Date: 04-Sep-2013 18:56) Posted: The second batch of Tranche 1 was subscribed today for another $500k cash. If price maintains like this, TCW's fund is enjoying a great bargain.
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Tlc8888 Member	04-Sep-2013 18:56        Tlc8888 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	The second batch of Tranche 1 was subscribed today for another $500k cash. If price maintains like this, TCW's fund is enjoying a great bargain.
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Tlc8888 Member	04-Sep-2013 11:15        Tlc8888 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	This single buyer is Advance Opportunities Fund that subscribed around 8mil at 10% discount off market price yesterday. Just nice out of S$500k divided by 6.3c. The lower the share price is, the more benefit AOF will gain in long run. clonevil      ( Date: 04-Sep-2013 00:02) Posted: A single buyer accumulated at least 8 million shares or 1.5% of contel today *thumbs up*
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Tlc8888 Member	04-Sep-2013 11:08        Tlc8888 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Contel price  is somehow depressed by somebody or somebodies for not going up. This will benefit Mr. TCW since his company can subscribe through the convertible loan at 10% discount off market price. So in this case at 7c, his company can buy Contel at 6.3c. I think it has been completed through the first tranche of 500k.
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dinolonghuat Member	04-Sep-2013 09:48        dinolonghuat About Contact  Quote this Post!
x 0   x 0  Alert Admin	This buyer must have received some hint or inside reviews:) clonevil      ( Date: 04-Sep-2013 00:02) Posted: A single buyer accumulated at least 8 million shares or 1.5% of contel today *thumbs up*
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clonevil Member	04-Sep-2013 00:02        clonevil About Contact  Quote this Post!
x 0   x 0  Alert Admin	A single buyer accumulated at least 8 million shares or 1.5% of contel today *thumbs up*
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Tlc8888 Member	03-Sep-2013 11:15        Tlc8888 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	When a Co has lots of cash and does capital reduction, they will return the cash to shareholders. For Contel, they don't have cash, instead they use the capital reduction to offset the accumulated losses incurred in prior years. Since they are incorporated in Bermuda, the paid-up capital issued has a par value, so now they are reducing the par value from 0.04usd to 0.01usd each without diluting any shareholding interest. Now with 500k cash, the Co can use it to pay for all necessary charges to fund the proposed acquisition, in this case, Yuuzoo. Hope the process can run smoothly and soundly managed. Cheers! nqing87      ( Date: 02-Sep-2013 23:20) Posted: there should be a difference between capital reduction vs share placement.. share placement result in diluting of shares.. capital reduction shouldnt be leading to dilution of shares directly.. it is also not share split.. shall observe what market thinks about it Aberdeen123      ( Date: 02-Sep-2013 23:04) Posted: Capital Reduction Effective Date will be on 18 September 2013. We shall see the px reaction then.I am certain of my assumption.:)
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nqing87 Veteran	02-Sep-2013 23:20        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	there should be a difference between capital reduction vs share placement.. share placement result in diluting of shares.. capital reduction shouldnt be leading to dilution of shares directly.. it is also not share split.. shall observe what market thinks about it Aberdeen123      ( Date: 02-Sep-2013 23:04) Posted: Capital Reduction Effective Date will be on 18 September 2013. We shall see the px reaction then.I am certain of my assumption.:)
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Aberdeen123 Senior	02-Sep-2013 23:04        Aberdeen123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Capital Reduction Effective Date will be on 18 September 2013. We shall see the px reaction then.I am certain of my assumption.:)
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clonevil Member	02-Sep-2013 21:33        clonevil About Contact  Quote this Post!
x 0   x 0  Alert Admin	first tranche of $500k notes issued
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Tanahkow Member	02-Sep-2013 09:14        Tanahkow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for the replies and learned something here...appreciate all bro effort here...
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ysh2006 Senior	02-Sep-2013 08:10        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is it after share consolidation fair value is approx 10 c ,than will be fine!.....
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nqing87 Veteran	01-Sep-2013 23:40        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	originally, i was also thinking the shares become diluted from 750million to 3 billion with capital reduction.. however, my broker told me that was not the case, and was explained as per what bro clonevil said.. if it is indeed diluted to 3 billion shares and available to public, the theoretical price would be affected..  Aberdeen123      ( Date: 01-Sep-2013 21:24) Posted: I know of digiland and advance system automation have undergone capital reduction exercise several yrs ago.Similarily additional shares were issued and their shares px was adjusted  accordingly by market forces.  With the increase in the nbr of of shares  from 750million to 3billion  shares  ultimately,earlier calculation of TP@10c will no longer hold water. DYODD.Cheers!
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clonevil Member	01-Sep-2013 23:08        clonevil About Contact  Quote this Post!
x 0   x 0  Alert Admin	To add on to bro Tomique's contributions, the additional shares created that increase authorised capital to 3 billion shares of 1 cent each refer to authorised but unissued  shares. Authorised capital refers to the total number of shares that a company's Memorandum of Association and Articles of Association allow the company to issue. Hence the resolution simply increases the number of shares that the company can issue BUT the number of issued shares have not been increased to 3 billion. The amount of issued and paid up shares remain at 555 million, which tallies with the 3 billion - 2.4 billion shares explained in the circular. Of course, bro Aberdeen's point of the TP of 10cent being affected could be true but only marginally and depending on any actualy new share issue. Thus far, the only ones that we know of are the share issue to Stamford Law, Provenance Capital (i think) & now the 0% option notes (assuming the notes are eventually converted). No doubt, these new shares are likely to dilute share value but only slightly if you compare these new shares issue to the eventual one that will be issued to Yuuzoo to give them 85% ownership (ie. the 500+ million issued shares currently will only make up 15% of the new company's total shares). So based on my very brief estimate, TP of 10cent would be lower but should be only very slightly.   lets see how contel performs in sept
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