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19-Jul-2018 20:15

Imperium Crown / BIG M&A COMING?

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Free fall already came.

Many retail investors bought his stock in the past on contra, without the ability to hold it. Thus, when SSHs or BBs take a break for a few weeks, this stock tumbled as contra players need to sell. China stock market not doing well recently, this affects sentiments too.

Might also be a good strategy for SSHs or BBs to buy on the cheap.

Of coz, the other possibility is that there is indeed some negatives news.

For me, I still believe now is an excellent time to enter and hold. But NOT contra pls!!

ruready ( Date: 19-Jul-2018 20:09) Posted:

This is another victim heavy sell down by no reason, how come? Still got time to defend it if management got to take actions before too late if freefall coming ....

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19-Jul-2018 19:39

Imperium Crown / BIG M&A COMING?

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If he sold, the company has to announce.

Guojing ( Date: 19-Jul-2018 18:22) Posted:

Hopeflly white knight come in ..ssh must be jialat ..otherwise last two month he bought such higher price ..unless he sold already

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19-Jul-2018 18:01

Imperium Crown / BIG M&A COMING?

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It is more like the SSHs and BBs are not taking actions for the past few weeks, leaving some small time short sellers to come in and make some profits.

Retail investors do not dare to enter without any indications from the SSHs and/or BBs.

The share price is low enough and it is just a matter of time the trend will reverse and short sellers be burnt badly.

Guojing ( Date: 19-Jul-2018 17:04) Posted:

Some one just want to press it low

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18-Jul-2018 19:56

Imperium Crown / BIG M&A COMING?

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To be specific, I meant zero bank borrowings :-)

dav781 ( Date: 18-Jul-2018 19:24) Posted:

At 4.3 cents, Imperium Crown&rsquo s market value is only $34m.

&mdash It paid $53.5m for its 60% in GEM around one year ago.
&mdash 4 key shareholders paid $37.5m for 38% of Imperium Crown about one year ago.
&mdash The Company has zero debt.
&mdash The Company still holds significant amt of cash. Based on my estimate (need to wait for latest results to confirm), cash/equity ratio is more than 0.5.
&mdash New hotel ready by Oct, steady income stream coming.
&mdash Did some research on 中华奇石小镇 , its 红云小镇 is selling or renting out shops/residential villas. Another income stream.
&mdash High speed rail station beside the project should be ready in 2019.
&mdash Its Australian investment (One Richardson, Perth) is completely written off its book for accounting purposes. But once the bank loan comes in and this project gets back on track, expect a positive impact on its books.

Unless there is negative news/development (which I am waiting), this company is seriously undervalued.

niranjan ( Date: 18-Jul-2018 18:57) Posted:

so how will the Price still go down or are we looking for strong rebound
Price is badly oversold...

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18-Jul-2018 19:24

Imperium Crown / BIG M&A COMING?

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niranjan ( Date: 18-Jul-2018 18:57) Posted:

so how will the Price still go down or are we looking for strong rebound
Price is badly oversold....

teeth53 ( Date: 18-Jul-2018 18:15) Posted:

http://www.asiaone.com/business/brothers-hit-jackpot-china-hotel-sector

Three brothers from S' pore with a flair for the hospitality business have hit the jackpot, thanks to China' s booming middle class discovering the travel bug. This ambitious foray into hotel sector started when twins Harry Tan and David Tan, 56, and younger half-brother Ted Fang, 46, bought over " Days" Inn master franchise rights for Greater China in 2003.

" Days" Inn China CEO Harry Tan, who has worked@Shangri-La and @Holiday Inn hotels in China, noted that foreigners made up 30 to 40% of its hotel guests at first-tier cities like Beijing and Shanghai.

The brothers set up a single Chinese hotel of the all-American Days Inn group in 2004 and have not looked back.

They now have 45 largely three- and four-star hotels up and running in cities like Chongqing, Suzhou and Xiamen and more than 130 building projects across 76 mainland cities.

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18-Jul-2018 15:15

Imperium Crown / BIG M&A COMING?

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I am holding for the long run. It is ok. Buy and sell in between when there are troughs.

the development in Shandong needs time, I am confident that it will come to fruitation eventually. Currently, the development is beginning to sell shops and villas. This is a property play.

Guojing ( Date: 18-Jul-2018 14:41) Posted:

Now at these price seems very far from your target 8 cents ..dav

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18-Jul-2018 13:35

Imperium Crown / BIG M&A COMING?

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I started collecting since 4.5 cents

teeth53 ( Date: 18-Jul-2018 08:03) Posted:

0.039c coming. Can buy some n keep...?.

investshare ( Date: 17-Jul-2018 17:19) Posted:

Why? Willing buyer willing seller

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17-Jul-2018 20:53

Imperium Crown / BIG M&A COMING?

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For the company to come out and say there is nothing adverse which the management is aware of. At least, this should give us some confidence in buying the stock at such a low price. If not, all of us are wondering if there is any negative news coming and waiting at the sideline.

For the recent plunge, it might be just one significant share holder selling in a rush, for reasons only known to him/her. Maybe in need of money?

Note that none of the SSHs (those owning more than 5%) is selling, as there are no announcements.

i am waiting for one of these SSHs to go in and pick up on the cheap and thereby pushing share price at least above 6 cents.

investshare ( Date: 17-Jul-2018 20:18) Posted:

Give the company a chance to respond??

But the company has so many ways to respond if it wants to.

dav781 ( Date: 17-Jul-2018 18:00) Posted:

Willing buyer willing seller, that' s true. But for a stock to drop so much in a few days, it is only right that SGX at least enquire and give the company a chance to respond

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17-Jul-2018 18:00

Imperium Crown / BIG M&A COMING?

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Willing buyer willing seller, that' s true. But for a stock to drop so much in a few days, it is only right that SGX at least enquire and give the company a chance to respond.

investshare ( Date: 17-Jul-2018 17:19) Posted:

Why? Willing buyer willing seller.

dav781 ( Date: 17-Jul-2018 16:19) Posted:

SGX should be questioning soon.....

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17-Jul-2018 16:24

Imperium Crown / BIG M&A COMING?

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Should contact SGX below and get them to check on Imperium crown.

You have information concerning an instance of market misconduct, including information on insider trading or market manipulation.

Write to:
Market Surveillance
Risk Management & Regulation Group,
Singapore Exchange Limited,
2 Shenton Way #02-02 SGX Centre 1,
Singapore 068804

Please Include

(a) The date of the alleged market misconduct
(b) The securities or derivatives products concerned
(c) The names and relationships of parties involved

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17-Jul-2018 16:19

Imperium Crown / BIG M&A COMING?

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SGX should be questioning soon......

Lucas4 ( Date: 17-Jul-2018 15:52) Posted:

see 39 soon

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11-Jul-2018 18:11

Imperium Crown / BIG M&A COMING?

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I am waiting to see if there is any negative annoucement from Imperium crown, or else, the current share price is obviously way oversold, likely due to market sentiments and shortists.

-- At 4.8 cents, the value of the company is now only valued at $37.8m.
-- According to its latest statement in Feb 2018, it has $23m cash and cash equivalents and ZERO debt. Even if I deduct the difference in trade receiveables and trade payable of $6m, the company still has $17m nett cash.
-- On top of this, the company' s investinment (60%) in GEM (Wonder Stone Park) is worth $53.5m and there is also its australian investment in Richardson Trust (27%), which I am not sure of its worth.
-- Wonder Stone Park is not really about stones, but property development, e.g. hotel and residential. This area is very near a high speed rail station.
-- Even if GEM is worth only 1/2 what the company put in, it is still worth $27m. Plus nett cash $17m, the company is easily worth $44m on paper. And I am not even taking into account how much Richardson Trust can bring in.

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05-Mar-2018 19:31

Seatrium / Sembmarine

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$Sembcorp Marine(S51.SI)

For your sake and my sake, if you are on contra, don&rsquo t buy this stock. You will just fall into the hands of BB short-sellers and cause this share price to plunge.

I bought 140 lots at $2.02/$2.03 and I am willing to hold up to a year. Oil price will hold and new contracts will be announced. Period :-)

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17-Feb-2018 21:04

Imperium Crown / BIG M&A COMING?

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I don&rsquo t think Imperium crown is an excellent company. But at current share price of 6.2 cents, it is definitely way undervalued.

1. At current share price, the company is valued at $49m. This is lesser than the amount ($53.5m) paid for 60% of GEM (Wonder Park). While many people have doubts about buying &ldquo stones&rdquo , I believe that the company had done due diligence and $53.5m is a fair price.

2. The above does not take into consideration the company&rsquo s stake in One Richardson Trust (Perth) and the significant amount cash it is still holding on to due to its recent rights issue, where new investors paid $0.125 per share.

3. Last but not least, there is a recent married deal where 10 million shares were transacted at 8 cents per share. Some may doubt that this is not an arms length deal, but given the scrunity the company is under recently (due to leaked emails), I think the transaction is a fair and honest one and 8 cents per share shows a real demand at the price.

4. NAV per share is 8.91 cents.

5. Recent price plunge is due to the US stock market situation and &ldquo perceived&rdquo bad half year results &mdash where the losses reported are actually expected and announced previously and also one-off.

6. Selling seemed to have dried up at 6 to 6.2 cents. Short sellers should no longer be interested at such low prices. A technical should come very soon (next week?), with medium term price (a few weeks&rsquo time) to be around 8 cents

Let&rsquo s see :-)

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15-Feb-2018 08:59

CapAllianz / Loyz Energy - Brewing ?

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$CWX Global(594.SI)

Current market value of its oil concession is US$126m, this is about S$166m, based on current exchange rate where USD is relatively low.

Total liabilities of CWX = $64m.

Based on its oil business alone, CWX should be worth $102m. It current market cap is only $31.2m.

Even if I assume oil price drops significantly by 30 percent, market value of its oil concession will be $116m. Taking away total liabilities, the company is still worth $52m.

For the above, I am not even considering the cash and new business held by CWX from the recent rights exercise.

CWX is grossly undervalued!

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10-Feb-2018 22:19

Imperium Crown / BIG M&A COMING?

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Just to add in. The extra expenses that resulted in the loss is not only one-off, but announced previously. If you follow their announcements. Everything should be priced in.

But I am not a guru or God, let&rsquo s see on Monday :-)

dav781 ( Date: 10-Feb-2018 22:17) Posted:

Nothing is this latest set of results is unexpected. All the extra expenses that resulted in the losses are one-off. If you follow the company closer, you would know.

Anyway, in the first place, such penny counters don&rsquo t really look at quarter to quarter results. Their share prices are more dependent on:

1. Potential
2. Trend
3. BBs

The one thing I don&rsquo t like about imperium is that it is a favourite of some small time short-sellers. But Imperium share price is at such a low level that every time the small time short sellers enter, they run a high risk of being burnt themselves :-)

tonytan44 ( Date: 10-Feb-2018 11:33) Posted:

i think you will have to sit out for a long time. the current results most likely will bring price down to 0.055-0.06 range.

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10-Feb-2018 22:17

Imperium Crown / BIG M&A COMING?

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tonytan44 ( Date: 10-Feb-2018 11:33) Posted:

i think you will have to sit out for a long time. the current results most likely will bring price down to 0.055-0.06 range.

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10-Feb-2018 10:11

Imperium Crown / BIG M&A COMING?

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Status the same. Haha. I still believe there is room for upward share price movement. Some risks for downward movement, but I think the probability of going up is higher.

1. NAV per share = 8.91 cents, more than current price of 6.4 cents
2. Zero debt
3. Sitting on a healthy pile of cash

Point 2 and 3 necessary for riding out the current storm :-)

chanbs ( Date: 09-Feb-2018 20:35) Posted:

What' s the status ?

dav781 ( Date: 29-Jan-2018 10:45) Posted:

let' s see :-

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09-Feb-2018 19:41

Imperium Crown / BIG M&A COMING?

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Results as expected. All the extra expenses (losses) are accounted for and announced previously. Nothing out of the blue. NAV per share is 8.91 cents. Current share price is only 6.4 cents, more than enough room for upward movement :-)

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06-Feb-2018 11:44

Imperium Crown / BIG M&A COMING?

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regret buying back so soon. Now just got to hold :-(

dav781 ( Date: 05-Feb-2018 19:04) Posted:

I bought back at 6.5 and 6.6 cents :-)

hopefully, it is the right move.

tonytan44 ( Date: 05-Feb-2018 16:26) Posted:

0.065 throw down didnt go support?

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