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Neglected, Illiquid, Undervalue, Recovery counter

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Isolator
    31-Jan-2013 09:59  
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That's why only those who contra and cannot hold will let go..... I do let go some on my trading account.... lol

iwonder      ( Date: 31-Jan-2013 09:52) Posted:



Haaa...why chicken out ?...this is actually a buying opportunity !

How can anyone be in the right frame of mind to let the price go down if they are the major shareholder?

Unless they have not collected enough.

Isolator      ( Date: 31-Jan-2013 09:45) Posted:

Those contra will be frightened to let go......


 
 
iwonder
    31-Jan-2013 09:52  
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Haaa...why chicken out ?...this is actually a buying opportunity !

How can anyone be in the right frame of mind to let the price go down if they are the major shareholder?

Unless they have not collected enough.

Isolator      ( Date: 31-Jan-2013 09:45) Posted:

Those contra will be frightened to let go......

 
 
Bopanha
    31-Jan-2013 09:48  
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Because " they" can take a million or two away from the table and enjoy the Chinese new year with their girl friends. Wahahaha!!

sozo4eva      ( Date: 31-Jan-2013 09:42) Posted:

why would they do that?

 

 
Isolator
    31-Jan-2013 09:45  
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Those contra will be frightened to let go......
 
 
sozo4eva
    31-Jan-2013 09:42  
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why would they do that?
 
 
davidoch
    31-Jan-2013 09:42  
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But right now all buy up?

Insanity      ( Date: 31-Jan-2013 09:37) Posted:

looks like somebody is trying to slowly flush out the weak hands...

 

 
Insanity
    31-Jan-2013 09:37  
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looks like somebody is trying to slowly flush out the weak hands...
 
 
Isolator
    31-Jan-2013 09:34  
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No... I bought more at 2.2-2.3.... I am always confident.... lol

Insanity      ( Date: 31-Jan-2013 00:55) Posted:

wah so you bought more at 0.025? must be confident it will reach above 0.03 :)

Isolator      ( Date: 30-Jan-2013 23:52) Posted:

I am one of them.... Lo


 
 
dennisb
    31-Jan-2013 09:20  
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Can we c 22 today...??
 
 
Insanity
    31-Jan-2013 00:55  
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wah so you bought more at 0.025? must be confident it will reach above 0.03 :)

Isolator      ( Date: 30-Jan-2013 23:52) Posted:

I am one of them.... Lol

Insanity      ( Date: 30-Jan-2013 20:59) Posted:



SGX Announcement

Value Capital Asset Management Pte Ltd Ceasing to be a substantial shareholder

364,500,000 shares disposed via market transaction.

Before transaction: 377,500,374 (8.1%)

After transaction: 13,000,374 (0.28%) 

So who absorbed those?? 


 

 
Insanity
    31-Jan-2013 00:49  
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Hello the SGX PDF thing is buggy for some strange reason. If ur getting some error... u need to mouseover the link on sgx -> right click -> save as..

must save onto ur computer 1st, then go to the respective folder and double click to open the file.

Somehow this way wont bug it. The bug appear if u just directly left-click on the link on SGX website.

 

Hope that helps :) 

ballball      ( Date: 30-Jan-2013 21:49) Posted:

How to make the FORM3.pdf content visible in my computer? Is it my computer too old? Need a change? I tried to download the lastest ver of acrobat reader, it still doesn't work. Anyone has this problem as me?

 
 
Isolator
    30-Jan-2013 23:52  
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I am one of them.... Lol

Insanity      ( Date: 30-Jan-2013 20:59) Posted:



SGX Announcement

Value Capital Asset Management Pte Ltd Ceasing to be a substantial shareholder

364,500,000 shares disposed via market transaction.

Before transaction: 377,500,374 (8.1%)

After transaction: 13,000,374 (0.28%) 

So who absorbed those?? 

 
 
teeth53
    30-Jan-2013 23:01  
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_72F0DC40DD93687248257AFE0025AA47/$file/IPCO250113.pdf?openelement

IPCO250113.pdf

As at 22 Jan 2013, Company has increased from 3,633,299,986 ordinary shares to 4,660,799,986 ordinary shares. Further to the announcements of 18 Jan 2013, 21 Jan 2013 and 23 Jan 2013, the Board of Directors of the Company wishes -- USE OF PROCEEDS:

Funds transferred to Grand Prosper Grp Ltd and its subsidiary Deshi Oil  & Gas Exploration Co. Ltd (3,463,000)

Funds transferred to Anlu, Dawu and XiaoChang Gas distribution network and CNG Fuel Station projects for business expansion of the Company (5,873,000)

Legal professional fees for Proposed Issue (153,000) Working Capital (5,868,000). Balance 43,743,000

The above utilization (Funds transferred to Anlu, Dawu and XiaoChang Gas distribution network, Legal professional fees and working capital amounting to S$11.894 million) of the net proceeds is within the limit of the balance (approximately S$12 million) of the total estimated net proceeds of about S$59 million from the S$60 million Notes, after setting aside the 80% portion.

(approximately S$47 million) intended to fund the expansion plans of the Deshi subsidiary as approved by the shareholders at the EGM held on 27 June 2008.

jovenus      ( Date: 30-Jan-2013 22:34) Posted:



Means the conversion is over, and with the placement shares can only be sell 6 months later, selling pressure will be less.

Waiting for news on how the 50 million will be used ?

currypig      ( Date: 30-Jan-2013 22:14) Posted:

hmmm whats the implication of the news?


 
 
ballball
    30-Jan-2013 22:45  
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Isolator      ( Date: 25-Jan-2013 16:53) Posted:

Ipco has already sent signal that it will go above 3ct.... So just relax and ignore the process.... just wait for the final outcome.... patience....

 
 
jovenus
    30-Jan-2013 22:39  
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Short term risk ,could be BB shot down    to accumate more and impatient holders give up holding and take profit

davidoch      ( Date: 30-Jan-2013 22:36) Posted:

If that is the case, will be good news....

jovenus      ( Date: 30-Jan-2013 22:34) Posted:



Means the conversion is over, and with the placement shares can only be sell 6 months later, selling pressure will be less.

Waiting for news on how the 50 million will be used


 

 
davidoch
    30-Jan-2013 22:36  
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If that is the case, will be good news....

jovenus      ( Date: 30-Jan-2013 22:34) Posted:



Means the conversion is over, and with the placement shares can only be sell 6 months later, selling pressure will be less.

Waiting for news on how the 50 million will be used ?

currypig      ( Date: 30-Jan-2013 22:14) Posted:

hmmm whats the implication of the news?


 
 
jovenus
    30-Jan-2013 22:34  
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Means the conversion is over, and with the placement shares can only be sell 6 months later, selling pressure will be less.

Waiting for news on how the 50 million will be used ?

currypig      ( Date: 30-Jan-2013 22:14) Posted:

hmmm whats the implication of the news?

 
 
1963411
    30-Jan-2013 22:26  
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Did you use Google Chrome to read the  announcement? If yes, try to use Internet Explorer instead to see if it works...

ballball      ( Date: 30-Jan-2013 21:49) Posted:

How to make the FORM3.pdf content visible in my computer? Is it my computer too old? Need a change? I tried to download the lastest ver of acrobat reader, it still doesn't work. Anyone has this problem as me?

 
 
currypig
    30-Jan-2013 22:14  
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hmmm whats the implication of the news?
 
 
ballball
    30-Jan-2013 22:05  
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Yes Insanity has summarised the content. thanks.
I wanted to solve my computer problem. Cannot always rely on others. Many times very inconvenient.
 
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