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Bigmama Elite	17-Dec-2013 14:24        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope this is the lowest ipco can go.
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Lucky03 Elite	17-Dec-2013 12:26        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The prospect for natural energy such as natural gas and in particular in China is a no brainier. The question is whether IPCO should be placing more of its investment in something more stable with good growth than overky speculative as in Blumont that their senior management also got personal interest and risk failing in governance and exercising objective judgement. Bigmama      ( Date: 17-Dec-2013 08:57) Posted: Ipco will not profit from natural gas. Most probability going to Flip down today. Lucky03      ( Date: 17-Dec-2013 07:38) Posted: Asia's buyers to pay more for natural gas While shale gas floods the US, gas demand in Asia has outstripped supply Seeking a better deal: Japan, South Korea, Taiwan and China bought 70 per cent of global LNG supplies last year. They can spend five times as much for the super-chilled fuel as US buyers pay for piped gas. [PERTH] Asia's biggest economies face paying twice as much for some natural gas as old supply deals are renewed, with a North American shale glut years from helping to meet soaring demand in the region. Rocketing prices will add billions of dollars to the power bills of Asian nations and threaten competitiveness, but mean an earnings bonanza for liquefied natural gas (LNG) producers such as Malaysia's Petronas, BP and Australia's Woodside Petroleum. Japan, South Korea, Taiwan and China bought 70 per cent of global LNG supplies last year. They can spend five times as much for the super-chilled fuel as US buyers pay for piped gas.
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Bigmama Elite	17-Dec-2013 08:57        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ipco will not profit from natural gas. Most probability going to Flip down today. Lucky03      ( Date: 17-Dec-2013 07:38) Posted: Asia's buyers to pay more for natural gas While shale gas floods the US, gas demand in Asia has outstripped supply Seeking a better deal: Japan, South Korea, Taiwan and China bought 70 per cent of global LNG supplies last year. They can spend five times as much for the super-chilled fuel as US buyers pay for piped gas. [PERTH] Asia's biggest economies face paying twice as much for some natural gas as old supply deals are renewed, with a North American shale glut years from helping to meet soaring demand in the region. Rocketing prices will add billions of dollars to the power bills of Asian nations and threaten competitiveness, but mean an earnings bonanza for liquefied natural gas (LNG) producers such as Malaysia's Petronas, BP and Australia's Woodside Petroleum. Japan, South Korea, Taiwan and China bought 70 per cent of global LNG supplies last year. They can spend five times as much for the super-chilled fuel as US buyers pay for piped gas.
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Lucky03 Elite	17-Dec-2013 07:38        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Asia's buyers to pay more for natural gas While shale gas floods the US, gas demand in Asia has outstripped supply Seeking a better deal: Japan, South Korea, Taiwan and China bought 70 per cent of global LNG supplies last year. They can spend five times as much for the super-chilled fuel as US buyers pay for piped gas. [PERTH] Asia's biggest economies face paying twice as much for some natural gas as old supply deals are renewed, with a North American shale glut years from helping to meet soaring demand in the region. Rocketing prices will add billions of dollars to the power bills of Asian nations and threaten competitiveness, but mean an earnings bonanza for liquefied natural gas (LNG) producers such as Malaysia's Petronas, BP and Australia's Woodside Petroleum. Japan, South Korea, Taiwan and China bought 70 per cent of global LNG supplies last year. They can spend five times as much for the super-chilled fuel as US buyers pay for piped gas.
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Lucky03 Elite	16-Dec-2013 20:29        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What are the signs of distribution ? Laggard      ( Date: 16-Dec-2013 18:46) Posted: Distribution before collapse.
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Laggard Senior	16-Dec-2013 18:46        Laggard About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Distribution before collapse.
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Bigmama Elite	16-Dec-2013 18:31        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	It surprise me too......but it can flip down soon. cheng987      ( Date: 16-Dec-2013 15:07) Posted: many people blamed IPCO .I wonder why there is still  big volume Q to buy at.016 cents
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cccx123 Elite	16-Dec-2013 15:11        cccx123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dumb money hasn't run out lol.. cheng987      ( Date: 16-Dec-2013 15:07) Posted: many people blamed IPCO .I wonder why there is still  big volume Q to buy at.016 cents
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cheng987 Veteran	16-Dec-2013 15:07        cheng987 About Contact  Quote this Post!
x 0   x 0  Alert Admin	many people blamed IPCO .I wonder why there is still  big volume Q to buy at.016 cents
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Bigmama Elite	16-Dec-2013 11:12        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Normal ops are lousy too... No profit too. They need to make good profit before it can goes up moneycow      ( Date: 16-Dec-2013 10:08) Posted: will it go all the way to 0.005 ..................rally loose big from the way it goes.............. how can in one day goes up to 4 over cents.next day fall back in just the next day.....now..........keep falling below historical low........... Thought its gas piping business looks ok ? Whats happening ?
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Bigmama Elite	16-Dec-2013 11:10        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, that is why blumont go up but ipco stay. akchua      ( Date: 16-Dec-2013 10:23) Posted: Bigmama, u are experience investor. U should know Ipco wont take profit from Blumont because it is the same group of people behind this price rigging. If Ipco took profit, then they have to pump in the same amount of money to sustain the price of Blumont. Worst, Ipco profit taking may trigger other investors to take profit also. Pity those went in at 4 cents and above because they believe in the 100+ million paper gain. Bigmama      ( Date: 16-Dec-2013 10:05) Posted: Because when they make 500 mil paper gain from blumont and innopac ....... No one 'believe' it and wasn't willing to pay higher for ipco. Now it back to where it started thus it will be at the price 1.5 - 2 years ago before blumont and innopac saga
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drbull Member	16-Dec-2013 11:07        drbull About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thank GOD Ipco is not as bad as some people expected it to be. There is hope for pennies after the new year season. Operators and speculators will be in the market for a punt.   Bigmama      ( Date: 15-Dec-2013 22:36) Posted: Although I don't wish it to happen but He is having another ipco accident tomorrow. drbull      ( Date: 15-Dec-2013 22:25) Posted:   DO YOU KNOW THAT EDWARD WAS INVOLVED IN A BAD ACCIDENT ON DECEMBER  6TH WHEN HIS GREEN LAMBORGHINI WAS COMPLETELY BURNT TOGETHER WITH 2 OTHER LAMBORGHINIS ALONG THE NORTH -SOUTH HIGHWAY IN MALAYSIA? LET US GIVE HIM A BREAK. HOPE THE PENNIES WILL COME BACK AGAIN.
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akchua Senior	16-Dec-2013 10:23        akchua About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bigmama, u are experience investor. U should know Ipco wont take profit from Blumont because it is the same group of people behind this price rigging. If Ipco took profit, then they have to pump in the same amount of money to sustain the price of Blumont. Worst, Ipco profit taking may trigger other investors to take profit also. Pity those went in at 4 cents and above because they believe in the 100+ million paper gain. Bigmama      ( Date: 16-Dec-2013 10:05) Posted: Because when they make 500 mil paper gain from blumont and innopac ....... No one 'believe' it and wasn't willing to pay higher for ipco. Now it back to where it started thus it will be at the price 1.5 - 2 years ago before blumont and innopac saga. yummygd      ( Date: 16-Dec-2013 09:50) Posted: Surprise with the whole bad news ipco did not tanked half its price
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jackson5 Master	16-Dec-2013 10:13        jackson5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	BBs are trying their best to hold at this level because of their financings , but for how long ? especially with so many law suits going around. If this level can't hold , all will break lossse, and more legal suits will be involved , this time round will be shareholders of IPCO and banks. IPCO cannot be worth more than 0.1 , definitely.
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moneycow Elite	16-Dec-2013 10:08        moneycow About Contact  Quote this Post!
x 0   x 0  Alert Admin	will it go all the way to 0.005 ..................rally loose big from the way it goes.............. how can in one day goes up to 4 over cents.next day fall back in just the next day.....now..........keep falling below historical low........... Thought its gas piping business looks ok ? Whats happening ?
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Bigmama Elite	16-Dec-2013 10:07        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	We should be happy it can hold here
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Bigmama Elite	16-Dec-2013 10:05        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Because when they make 500 mil paper gain from blumont and innopac ....... No one 'believe' it and wasn't willing to pay higher for ipco. Now it back to where it started thus it will be at the price 1.5 - 2 years ago before blumont and innopac saga. yummygd      ( Date: 16-Dec-2013 09:50) Posted: Surprise with the whole bad news ipco did not tanked half its price
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moneycow Elite	16-Dec-2013 10:04        moneycow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Gosh this is really unexpected. :(
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Jackpot2010 Master	16-Dec-2013 09:51        Jackpot2010 About Contact  Quote this Post!
x 0   x 0  Alert Admin	difficult question. on surface the shares of blumont held by Sun Spirit was transferred to IPCO before the reference sales to 3rd party. Q: was the share transfer back to holding co (IPCO) by SS legal or valid? considering that an asset freeze was in force. Need to get a forensic accountant to dig deeper - Interactive Brokers should know what to do to recover their loss. Hence question of what is its NAV there & then is blur. nqing87      ( Date: 16-Dec-2013 09:34) Posted: isint sun spirit grp NAV mainly come from blumont holdings? with the blumont crash, the NAV still got 40mil? Jackpot2010      ( Date: 16-Dec-2013 09:27) Posted: para 3 & 4 smell fishy. '3. Why did it sell a 70% stake in Sun Spirit Group for peanuts?  As mentioned in the announcement, Sun Spirit Group Ltd holds a significant portion of IPCO International's trading portfolio.  Sun Spirit Group Ltd's net asset value (NAV) was S$39.9 mln on April 30 and S$43.9 mln on July 31 (pages 2 & 4 of December 4 announcement).  IPCO International says it arrived at the consideration of S$875,000 for a 70% stake based on a net value of S$1.25 mln of Sun Spirit Group's current portfolio of quoted securities on December 3.  Apparently, IPCO International didn't take the NAV of Sun Spirit Group into account while arriving at the consideration.  Based on the NAV on July 31, a 70% stake in Sun Spirit Group was worth S$30.7 mln.  That's about 35 times more than what Nelson Fernandez paid for the stake.  It seems IPCO International gave away a valuable subsidiary for peanuts.  4. Why didn't IPCO announce the agreement on October 28?  In its December 4 announcement, IPCO International says a non-binding memorandum of understanding (MoU) was signed with Mr Fernandez five weeks earlier, on October 28.  A quick look at SGX's website shows nothing in this regard was announced at the time. IPCO International would have been bound to announce the non-binding MoU on October 28 as the entire deal constitutes a 'discloseable transaction' under SGX-ST listing rules."
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yummygd Supreme	16-Dec-2013 09:50        yummygd About Contact  Quote this Post!
x 0   x 0  Alert Admin	Surprise with the whole bad news ipco did not tanked half its price
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