| Latest Forum Topics / Renaissance United Last:0.001 -- |
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Neglected, Illiquid, Undervalue, Recovery counter
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moneyplant
Master |
21-Dec-2013 22:51
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http://en.wikipedia.org/wiki/Arbitration_in_the_United_States Key is arbitration is not legally enforceable unless both party agree to it.... For your information the answer is in the details with Ipco the defendant ....it stands to gain more, or lose less because arbitration provides more bargaining and negotiation.... unlike a litigation situation....Good Luck :) 
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Lucky03
Elite |
21-Dec-2013 14:14
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2014 expected to be a year of M&A. Perhaps about time for IPCO to change hands ! That will give a new breath of life and excitement to the plan to go big time into energy investment - natural gas and mining.
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papayaface
Supreme |
20-Dec-2013 13:52
Yells: "This is the best time to enter....when everythings uncertain" |
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Today IPCO is dead meat.  < 3 million shares traded in 1st half of the day. May be no BB interested in this counter this time round.   | ||||||
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moneycow
Elite |
20-Dec-2013 11:33
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BB loose money when share plunge can sue to get their money back one ? Very good ar :) 
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Lucky03
Elite |
20-Dec-2013 11:25
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All these news must have already been factored into the current price of 1.7c ?
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moneyplant
Master |
20-Dec-2013 10:45
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Edward Lee Ewe Ming sold close to 100 mln shares just days before the crash. Separately, we ask the questions that need to be asked about IPCO's sale of a 70% stake in Sun Spirit to Nelson Fernandez.
15/12/2013 ? IPCO International Ltd is caught in a legal battle following the crash on October 4.
The US-based broking firm Interactive Brokers, which lost US$68 mln in the crash, is suing a subsidiary of IPCO International.
Interactive Brokers is also pursuing arbitration through the American Arbitration Association to recover the losses.
Recently, The Edge reported the broker obtained interim court orders to freeze the assets of Neo Kim Hock (the former Chairman of Blumont Group Ltd), Peter Chen Hing Woon (LionGold's business and corporate development Director), Tan Boon Keat (who appears to be an associate of Dato' John Soh Chee Wen), Quah Su-Ling (the CEO of IPCO International), Lee Chai Huat (who emerged as a shareholder of Merlin Diamonds Ltd just before Innopac Holdings Ltd's takeover offer), Kuan Ah Ming, Neptune Capital Group Ltd (an associate company of Neo Kim Hock) and Sun Spirit Group Ltd (a wholly-owned subsidiary of IPCO International).
Apparently, IPCO International is directly impacted by the court's orders against its wholly-owned subsidiary Sun Spirit Group Ltd.
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Rosesyrup
Master |
20-Dec-2013 00:38
Yells: "Get your own opinion, don't follow blindly." |
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I saw a lot of articles by professional analysts and discussion by forummers claiming that a long and big bear will follow Fed tapering. While I agree that a bear will follow, but it will be a mini one which will end within 2 months.  General strategy=>  
Excited to know the outcome. Long bearish winter or a short winter?
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Rosesyrup
Master |
20-Dec-2013 00:02
Yells: "Get your own opinion, don't follow blindly." |
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Fed just announced it is cutting back on QE3 as economy shows sign of recovery.   http://www.pbs.org/newshour/rundown/2013/12/fed-will-reduce-bond-purchases-due-to-stronger-job-market.html Rosesyrup once did a personal economy forecast and posted it on NOL thread 4 months ago (my posting is cut and pasted as follow). My forecast was economy will recover quickest by late Dec and in yet another posting Rosesyrup said Fed will start to cut back from Jan 2014, but at that time market was discussing about Fed tapering QE3 in September or October not December . Now it is late Dec and Fed decided to start tapering on QE3 in Jan 2014, seems like my economy forecast is accurate. :) Or maybe Rosesyrup is just plain lucky again?   
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HVRRVH
Elite |
19-Dec-2013 20:55
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Come on Ipco!! For a moment thought it will close 1.8 cents today. Heavily vested should have threw all the money into Vallianz instead! But look like you have improved day by day and I don't mind hold the shares for long long time. | ||||||
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moneyplant
Master |
19-Dec-2013 20:47
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Good luck!
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Lucky03
Elite |
19-Dec-2013 15:54
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Someone just grab all sellers at 0.017 probably in a single trade at 14:22:50 hrs ... and continue to buy and holding 0.018. Unlikely ordinary retail buyer.
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moneyplant
Master |
19-Dec-2013 15:31
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IPCO do your own DD but some cards are still on the table With the expectation of Europe recovery in 2014, it may also help another of IPCO's subsidiary in electronic board OEM business. Together with the subsidiary operating natural gas supply network, IPCO should do well it can break away from the problem with Blumont. Given that IPCO has almost written off investment value of Blumont by taking the $100m loss for fair value accounting, any recovery in Blumont will be a bonus. |
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Lucky03
Elite |
19-Dec-2013 10:15
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Better that the share finds its own stability and build on fundamental for now. Looks like it may be forming the base at 1.6c.
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jackson5
Master |
19-Dec-2013 10:14
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Edward Not buying any more lately . | ||||||
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Lucky03
Elite |
18-Dec-2013 22:51
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With the expectation of Europe recovery in 2014, it may also help another of IPCO's subsidiary in electronic board OEM business. Together with the subsidiary operating natural gas supply network, IPCO should do well it can break away from the problem with Blumont. Given that IPCO has almost written off investment value of Blumont by taking the $100m loss for fair value accounting, any recovery in Blumont will be a bonus.
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Lucky03
Elite |
18-Dec-2013 22:44
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Will this help IPCO's subsidiary in US marketing its properties ?
PUBLISHED DECEMBER 18, 2013 US housing starts jump to near six-year high in November PRINT |EMAIL THIS ARTICLE US housing starts surged to their highest level in nearly six years in November, a sign of strength in the housing market that could give the Federal Reserve ammunition to start cutting back its bond purchases - PHOTO: REUTERS [WASHINGTON] US housing starts surged to their highest level in nearly six years in November, a sign of strength in the housing market that could give the Federal Reserve ammunition to start cutting back its bond purchases. The Commerce Department said on Wednesday housing starts jumped 22.7 percent, the biggest increase since January 1990, to a seasonally adjusted annual rate of 1.09 million units. That was the highest level since February 2008 and only the second time since the collapse of the housing market in 2006 that starts rose above a 1 million-unit pace. The department also said groundbreaking increased 1.8 per cent in October and slipped 1.1 per cent in September. The release of housing starts data for September and October was delayed because of a 16-day shutdown of the federal government in October. |
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Lucky03
Elite |
18-Dec-2013 16:18
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Hope the mgmt has learnt their lesson and 乖 乖 work hard on growing their business esp the natural gas network in China. The floor will be set at 1.6 and move up from here as they recover.
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Lucky03
Elite |
18-Dec-2013 09:26
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Hopefully fortunately that the floor may be found at 1.6 :)
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Rosesyrup
Master |
17-Dec-2013 18:32
Yells: "Get your own opinion, don't follow blindly." |
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Unfortunately, I am looking at the same trough too => 1.4
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dekmelvie
Senior |
17-Dec-2013 18:27
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.014
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