| Latest Forum Topics / Renaissance United Last:0.001 -- |
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Neglected, Illiquid, Undervalue, Recovery counter
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jovenus
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14-Jan-2013 22:46
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If someone bigger than VCAM , there must have annoucement for being SSH . So far, havenot seen yet. Wait for few more days ? Or the someone bigger are the retail players ?
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think2profit
Senior |
14-Jan-2013 22:20
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From the announcement today, value capital asset sold 500 million shares last Fri, most of which were sold at around 2.1 to 2.3cts [abt 430 million shares sold in large chunk in this range]. It is interesting to note that price only came down from 2.6cts to 2.4cts on closing, indicating someone bigger than the cheap fund is collecting. |
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yummygd
Supreme |
14-Jan-2013 22:11
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Hmmm theres a substantial shareholder thats seems to be a fund in ipco correct me if im wrong | ||||
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jovenus
Member |
14-Jan-2013 21:44
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Who's giving the angpow ? |
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risktaker
Supreme |
14-Jan-2013 21:34
Yells: "Sometimes you think you know, but in fact you dont" |
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Hi noobtrader this is just what I feel may happen..... as after the note conversion the total shares would be like 5-6 billion..... so if 10 to 1 happens total share will be reduce by 10 times which is like 500-600 million..... i expect price trade within 0.028 to 0.035 range before consolidation..... after consolidation it will likely be 0.28-0.35 with a target of $1.00-2.00.... given US recovery and china strong growth..... Remember this is just a simple calculation..... with lots of assumption..... consolidation might not even happen...... Please do more research before you jump into this baby..... buy or sell at ur on risks.... HUAT AH..... THIS IS ONE STOCK THAT ANY RETAILER CAN EASILY BUY..... SO CHINESE NEW YEAR ANG BAO..... MAYBE BE GIVEN THRU THIS BABY...... HUAT AH.... NEAR TERM MAY TRADE 0.032 TO 0.040 RANGE..... I THINK ONLY.....
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NoobTrader
Member |
14-Jan-2013 21:16
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Hi Mr Risktaker, just to clarify do you mean 0.028-0.035 or 0.28-0.36?
Sorry don't really understand how this 10:1 thing work (if it happens)
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risktaker
Supreme |
14-Jan-2013 19:46
Yells: "Sometimes you think you know, but in fact you dont" |
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I suspect a 10 to 1 consolidation are coming.....which NAV will be around SGD $0.70-$1.00..... After consolidation the price will likely be 0.28 to 0.35 range..... then will move from there..... More sexy news coming..... |
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NoobTrader
Member |
14-Jan-2013 19:18
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Would it be wise to hold this stock like long term? Would it have a better chance of capital appreciation (Eg: 1-2yrs)
Or better to sell it off during the next rally? |
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chinhomia
Member |
14-Jan-2013 18:00
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what a disppointed day!!! sigh....... | ||||
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risktaker
Supreme |
14-Jan-2013 17:49
Yells: "Sometimes you think you know, but in fact you dont" |
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Just buy..... if u can hold.... :) some BB will wack this pretty soon.....
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yummygd
Supreme |
14-Jan-2013 17:02
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Need to flush out contra people first... | ||||
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Isolator
Supreme |
14-Jan-2013 15:07
Yells: "STI is hard landing to below 2000..." |
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Can only go up now.... | ||||
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think2profit
Senior |
14-Jan-2013 14:08
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It will be exciting when fund sells again at cheap price | ||||
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alooloo
Veteran |
14-Jan-2013 13:49
Yells: "I am not young enough to know everything. " |
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boring... | ||||
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think2profit
Senior |
14-Jan-2013 11:30
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Without big boys last week, don't think the transaction volume could have hit 3 billion shares. We may see hostile takeover due to great assets taht IPCO accumulated over the years. Can accumulate slowly.... |
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yummygd
Supreme |
14-Jan-2013 11:23
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U still shorting lol
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CrazGreed
Senior |
14-Jan-2013 11:19
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I can only laugh....muahaha | ||||
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yummygd
Supreme |
14-Jan-2013 11:14
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Haiz think need to zzz a little before it wake up again. Think running a bit lately n is tired. I shall zzz along with it | ||||
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yummygd
Supreme |
14-Jan-2013 10:12
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just to be bo liao i went to Q to sell at 35...come on all e way to heaven lol | ||||
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NoobTrader
Member |
14-Jan-2013 09:45
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Keeping my eyes open for action today :) | ||||
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