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Contel Corp
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yummysukiyaki
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25-Mar-2013 10:17
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Mr Bohanpa....I like to hear from you, your info is damn solid (((((((((((((((( TP at 20c no problem lah | ||||
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Bopanha
Master |
25-Mar-2013 10:12
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I managed to find out what is Yuuzoo the RTO partner, and discovered their web site very interesting.   More interesting is the company overview that I found in Bloomberg.  Company Overview 
Those vested can really enjoy now.     |
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terencee
Master |
25-Mar-2013 10:05
Yells: "I don't entertain trolls." |
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IPCO had toxic notes early this year too. After the toxic notes were fully converted, it ran up.    I believe contel have a good chance to fully convert and run higher too. But it wont affect the current investors for now. Its a few years away before they start converting. 
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yummysukiyaki
Senior |
25-Mar-2013 10:02
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Aiyaya....on hearing some comments here, I think I will let go at 10 cts.... | ||||
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clickshop1628
Veteran |
25-Mar-2013 09:43
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The convertible notes are known as " death spiral convertibles" . Why in tranches? Because they can dump in the market in say $500k worth of converted shares and then roll over another $500k in a death spiral dumping. Anyway, the death spiral thing, aka toxic notes, is not new. But if market is bullish, then can become live spiral also :)  
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yummysukiyaki
Senior |
25-Mar-2013 09:36
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Mr terencee...Yes its 20 cts....Hohoho | ||||
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terencee
Master |
25-Mar-2013 09:28
Yells: "I don't entertain trolls." |
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This counter already 7c to 8c bro.. I think you meant 20c ?
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yummysukiyaki
Senior |
25-Mar-2013 09:09
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Aiyaya...this stock may hit at least 2 cts before RTO, money really drop from heavan.....Hahaha! | ||||
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Tomique
Master |
23-Mar-2013 22:08
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If people are so smart, they won't have shorted yesterday.   Every forumer has a right to think what price a counter can go to. Likewise those who longed can say that in yesterday's   trading session those shorting are fools to have done so.   Calling people fools or stupid is trying hard to push some arbitrary belief down a person's throat. Be careful not to abuse others in a forum. Being stupid or smart both can still be winner or loser if market is either or not in their favour. There is nothing to prevent Contel to reach even 30 cents before completion of RTO. It all depends. If Youzoo has big plans, the subsequent Contel could even be traded higher.   But who knows? Happy trading.. |
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FearValueGreed
Master |
23-Mar-2013 20:50
Yells: "Long Term Timing X Capital = Well Deserved Payout" |
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The story of yuuzoo has bit of flaw in between.
The notes to be raised are in multiple phases n tranches. Sounds the investors wants assurance at each point otherwise normally capex raised at one go. Anyway not my cup of tea so Will not touch this one. But believe TA Will push to 9cents region before consolation. Good luck to those vested. |
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terencee
Master |
23-Mar-2013 18:50
Yells: "I don't entertain trolls." |
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It might not be consolidate at all. The RTO will have enough buying power to push everything up. Base on RTO news alone, contel can hit 119 already. I believe a lot of people still stuck above 103 and they are not planning to let go without a nice profit. There will be more buying coming and pushing the price higher. Don't forget, previously there was a lot of accumulation at around 60 range. These 2 days, there's bigger buying amount. Not discounting the shorts being executed previously. If BBs were to come in at this point of time, Contel will definitely break 120 and go all the way up. Believe it or not is up to you.   Everyone got their own risk appetite. I'm very positive on the RTO success and the BB coming in to push the price up. To load or not to load, its all up to you. No people is naive or stupid when it comes to investing. Its what story we choose to believe. If it breaks 120 before RTO announcements, Contel will definitely be going to test 20c. And that will be the price before any consolidation.  
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ykinvestor
Member |
23-Mar-2013 17:19
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Thanks for the article http://www.moneyweek.com/investment-advice/penny-shares/penny-sleuth-watch-football-drool-over-squid-62429. Based on the article itself it seems the RTO will be really good for Contel in longer  term, as YuuZoo's expected  revenue is  594M (which is  based on some conservative assumptions. )  in 2015. So if the RTO goes through,  the price  of Contel over 20 cents is still very much justifiable in longer team as Contel will become a  growth stock which justifiable for high PE. Comments ?   
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kingkungfu
Member |
23-Mar-2013 16:59
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tt hw BB make money by painting a nice picture for retailers like you to be suck in.You really think money can drop from the sky???LOL   Below is the correct article even before you post please do your research lei http://www.moneyweek.com/investment-advice/penny-shares/penny-sleuth-watch-football-drool-over-squid-62429    
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ykinvestor
Member |
23-Mar-2013 16:46
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In another forum they have  mentioned that the RTO could  work out to about 26-27 cents per Contel share. Enjoy the read here http://forum.channelnewsasia.com/showthread.php?430374-CONTEL-YuuZoo-RTO-maybe-worth-25-30-cents-if-this-article-is-zhun... 
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clickshop1628
Veteran |
23-Mar-2013 08:35
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Good one. Where got $$ drop from heaven when you do RTO? 
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kingkungfu
Member |
23-Mar-2013 01:32
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mai so  naive  lei ..it mean new shares to be issued ..the shares in the market are old shares likely to be consolidate or wad look at aussino for more information please dun be so stupid to think it will gap up to 0.20 cents | ||||
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ykinvestor
Member |
23-Mar-2013 00:12
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pls read this article http://www.sharesinv.com/articles/2009/08/07/better-ipo-rto/ , it has a section which says, under RTO The shell company would acquire a large shareholding in the privately held company by issuing substantial amount of new shares as payment. In return, the shareholders of the privately held company gains majority control of the new company. Under SGX regulations, the minimum price that has to be offered for the new shares is $0.20/share. But not sure if this rule stated in the article is still valid. Any one knows if this ruling is still valid. If RTO goes through, does it means Contel will shoot over 0.20 ? comments | ||||
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crashburner
Member |
22-Mar-2013 23:24
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Yummy | ||||
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yummysukiyaki
Senior |
22-Mar-2013 18:42
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Wow Wee !!!!!!!!!!!!!!!!!!!!!!! | ||||
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terencee
Master |
22-Mar-2013 14:06
Yells: "I don't entertain trolls." |
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It shows that market is more optimistic than you 
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