Renaissance United    Last:0.001   -

Neglected, Illiquid, Undervalue, Recovery counter

Thats all I want to hear. 

Isolator      ( Date: 15-Mar-2013 21:58) Posted: Why talk so much?? Prepare for gap up on mon..

 

I thought penny stocks have to cover on same day regardless? If not these shortist will be shitting in their pants

Daxtheman      ( Date: 15-Mar-2013 21:47) Posted: Don't they have to cover shorts within the day?

 

Why talk so much?? Prepare for gap up on mon..

 

Lol in this market? Anything can happen. Look at contel ... We holdings etc. just dun marry home n give ur last name to e mistress lol

Bigmama      ( Date: 15-Mar-2013 21:48) Posted: I am not bearish. I am mildly bullish else I wouldn't have bought. Have to be realistic. Everyone hope 5 cents or even 10 cents but will it happen ......seriously. I guess 4 cents and I will be very happy yummygd      ( Date: 15-Mar-2013 21:33) Posted: Big mama is bearish lol. Got profit take profit lor i very ks .. Kia su kia si one.

 

I am not bearish. I am mildly bullish else I wouldn't have bought. Have to be realistic.
Everyone hope 5 cents or even 10 cents but will it happen ......seriously. I guess 4 cents and I will be very happy

yummygd      ( Date: 15-Mar-2013 21:33) Posted: Big mama is bearish lol. Got profit take profit lor i very ks .. Kia su kia si one. srichipan      ( Date: 15-Mar-2013 21:26) Posted: why

 

Don't they have to cover shorts within the day?

 

Hv they covered? What do u thk?

srichipan      ( Date: 15-Mar-2013 21:40) Posted: yeah. don't forget shortists need to cover their shorts also. if not once this goes up to 4, they can run road already ballball      ( Date: 15-Mar-2013 21:37) Posted: http://www.sgx.com/wps/wcm/connect/cc68e4004ee5db7a856787140e877772/DailyShortSell20130315.txt?MOD=AJPERES&%20CACHEID=cc68e4004ee5db7a856787140e877772

 

yeah. don't forget shortists need to cover their shorts also. if not once this goes up to 4, they can run road already

ballball      ( Date: 15-Mar-2013 21:37) Posted: http://www.sgx.com/wps/wcm/connect/cc68e4004ee5db7a856787140e877772/DailyShortSell20130315.txt?MOD=AJPERES&%20CACHEID=cc68e4004ee5db7a856787140e877772

 

http://www.sgx.com/wps/wcm/connect/cc68e4004ee5db7a856787140e877772/DailyShortSell20130315.txt?MOD=AJPERES&%20CACHEID=cc68e4004ee5db7a856787140e877772

 

Wah.....the only thing on my mind now is the performance on Monday....

 

Big mama is bearish lol. Got profit take profit lor i very ks .. Kia su kia si one.

srichipan      ( Date: 15-Mar-2013 21:26) Posted: why? Bigmama      ( Date: 15-Mar-2013 21:24) Posted: I will be very surprise if it reach 3.5 cents

 

why?

Bigmama      ( Date: 15-Mar-2013 21:24) Posted: I will be very surprise if it reach 3.5 cents. srichipan      ( Date: 15-Mar-2013 21:23) Posted: haha. they need the cash to pay liabilities and grow business. Anyway you thought of your TP already? It can go past 0.04? That time it hit 0.038 and fall straight down.   0.038 seems like a strong resistance poin

 

I will be very surprise if it reach 3.5 cents.

srichipan      ( Date: 15-Mar-2013 21:23) Posted: haha. they need the cash to pay liabilities and grow business. Anyway you thought of your TP already? It can go past 0.04? That time it hit 0.038 and fall straight down.   0.038 seems like a strong resistance point yummygd      ( Date: 15-Mar-2013 21:10) Posted: Should have given some dividend as well... Haiz

 

haha. they need the cash to pay liabilities and grow business. Anyway you thought of your TP already? It can go past 0.04? That time it hit 0.038 and fall straight down.   0.038 seems like a strong resistance point

yummygd      ( Date: 15-Mar-2013 21:10) Posted: Should have given some dividend as well... Haiz

 

Should have given some dividend as well... Haiz

 

Wow , eps 1.5 cent and share price is 2.9 cents!!!!
Somebody better takeover this company and break it up.

This is like selling you a 12000 sq ft good class bungalow at Scott road for 800k...... Why no one buy?

Maybe because it is haunted by 10 scary ghosts.

 

Monday we will know.

 

Where is the King of Ipco?? Sifu, any say on tis baby results?

 

hmm think what u say makes quite good sense..  maybe the financial accounting consider it as 1.5 cents EPS..  but i will still consider using 4.6bil shares to calculate the EPS to get the P/E to be on the safe side lol.. 

srichipan      ( Date: 15-Mar-2013 19:55) Posted: Correct me if I am wrong. They added 2 million  shares only recently. Hence, it would be unfair to reflect them in the calculation of EPS, since the earnings were calculated for the duration of 9 months. It will be logical to derive a weighted number of shares instead, which amount to 24++ million shares.   The weighted is probably calculated as below: (number of shares at the start of the year)   + (number of newly issued shares   x 1*/12months) *assuming the   new shares were   only issued for 1 month valuebuyer      ( Date: 15-Mar-2013 19:48) Posted: I see.. now i m clear. Eps before share diluted = 35mil/ 2333mil shares, so is $0.015. After diluted to total share of 4660mil. Its EPS = 35mil/ 4660mil shs, so become $0.0075. Now the Question is Ipco will trade @ P/E in what ratio? If PE 6, then share value=$0.0075 x 6 =$0.045. If like what bigmama said, ipco only trade at PE= 2.5, then it will bacome $$0.019 only. Scare~

 

Correct me if I am wrong. They added 2 million  shares only recently. Hence, it would be unfair to reflect them in the calculation of EPS, since the earnings were calculated for the duration of 9 months. It will be logical to derive a weighted number of shares instead, which amount to 24++ million shares.

 

The weighted is probably calculated as below:

(number of shares at the start of the year)   + (number of newly issued shares   x 1*/12months)

*assuming the   new shares were   only issued for 1 month

valuebuyer      ( Date: 15-Mar-2013 19:48) Posted: I see.. now i m clear. Eps before share diluted = 35mil/ 2333mil shares, so is $0.015. After diluted to total share of 4660mil. Its EPS = 35mil/ 4660mil shs, so become $0.0075. Now the Question is Ipco will trade @ P/E in what ratio? If PE 6, then share value=$0.0075 x 6 =$0.045. If like what bigmama said, ipco only trade at PE= 2.5, then it will bacome $$0.019 only. Scare~~ nqing87      ( Date: 15-Mar-2013 19:33) Posted: I have a problem trying to calculate the EPS.. base on 4.6billion shares, and their profit 9mth which is about 35mil, 35mil/4.6bil = about $0.0075 (0.75 cents) EPS.. How did they arrive at 1.5 cents EPS? I also couldnt figure out how diluted & basic EPS is the same.. Anyone can advise? thanks!