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Latest Forum Topics / Reenova Investment  Post Reply
JiutianC
papayaface
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06-Dec-2016 10:59     
 
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Seems like another swiber repeat..... Good luck

jeremyow      ( Date: 06-Dec-2016 09:55) Posted:



The tell tale signs surrounding this company seems to point more and more towards something amiss within the company. ISR Capital has delayed in its reponse to SGX on the two valuation reports without any announcements of further extension of the deadline to respond. Its shares has been suspended by SGX from trading for a week. Two independent directors who are on the audit committee have since resigned within this one week of suspension of ISR Capital shares from trading.

Currently, there is nothing any shareholder of ISR Capital could do (since the shares are already suspended from trading) except to wait for more announcements by SGX or ISR Capital on the current queries on their two valuation reports.  

papayaface      ( Date: 06-Dec-2016 09:36) Posted:



They must have realised that they have been taken for a ride after opening up the can and seeing the  worms and maggots. Yaks  !!! Good luck


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jeremyow
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06-Dec-2016 09:55     
 
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The tell tale signs surrounding this company seems to point more and more towards something amiss within the company. ISR Capital has delayed in its reponse to SGX on the two valuation reports without any announcements of further extension of the deadline to respond. Its shares has been suspended by SGX from trading for a week. Two independent directors who are on the audit committee have since resigned within this one week of suspension of ISR Capital shares from trading.

Currently, there is nothing any shareholder of ISR Capital could do (since the shares are already suspended from trading) except to wait for more announcements by SGX or ISR Capital on the current queries on their two valuation reports.  

papayaface      ( Date: 06-Dec-2016 09:36) Posted:



They must have realised that they have been taken for a ride after opening up the can and seeing the  worms and maggots. Yaks  !!! Good luck

mepkoh      ( Date: 06-Dec-2016 08:02) Posted:



another independent director resigns..left only chairman ceo n exe director n 1 independent director..

look like directors leaving isr....this one face tremendous pressure to saty alive..

 


SINGAPORE (Dec 5): ISR Capital has announced the resignation of its second independent director in less than a week.

On Dec 5, the company, whose shares have been suspended for trading by the SGX, said that Levin Lee Keng Weng, who chairs the company&rsquo s remuneration committee, has resigned on Dec 3, &ldquo due to family commitments&rdquo .

Lee joined ISR&rsquo s board earlier this year on Feb 1. Within less than half a year on July 29, he tried to tender his resignation but was asked by the company to stay till a replacement could be found, said ISR in its Dec 5 announcement.

With Lee&rsquo s resignation, the company&rsquo s board now comprises of executive chairman Chen Tong, executive director David Rigoll and CEO and executive director Quah Su-Yin, as well as the remaining independent director Kwok Wei Woon, who was appointed on May 14 2012.

ISR Capital was supposed to have responded On Dec 2 to additional queries by SGX on two valuation reports which it commissioned to support its planned acquisition of a rare earth concession in Madagascar.

Both reports value the concession at just over US$1 billion ($1.4 billion). The reports were commissioned by the company to support its planned acquisition of a rare earth concession in Madagascar.

The company has yet to make public its additional clarifications.

On Nov 29, the company announced the resignation of independent director Krishna Kumar Sivasubramaniam, citing &ldquo other commitments&rdquo . He was appointed back in July 24 2013.


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papayaface
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06-Dec-2016 09:36     
 
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They must have realised that they have been taken for a ride after opening up the can and seeing the  worms and maggots. Yaks  !!! Good luck

mepkoh      ( Date: 06-Dec-2016 08:02) Posted:



another independent director resigns..left only chairman ceo n exe director n 1 independent director..

look like directors leaving isr....this one face tremendous pressure to saty alive..

 


SINGAPORE (Dec 5): ISR Capital has announced the resignation of its second independent director in less than a week.

On Dec 5, the company, whose shares have been suspended for trading by the SGX, said that Levin Lee Keng Weng, who chairs the company&rsquo s remuneration committee, has resigned on Dec 3, &ldquo due to family commitments&rdquo .

Lee joined ISR&rsquo s board earlier this year on Feb 1. Within less than half a year on July 29, he tried to tender his resignation but was asked by the company to stay till a replacement could be found, said ISR in its Dec 5 announcement.

With Lee&rsquo s resignation, the company&rsquo s board now comprises of executive chairman Chen Tong, executive director David Rigoll and CEO and executive director Quah Su-Yin, as well as the remaining independent director Kwok Wei Woon, who was appointed on May 14 2012.

ISR Capital was supposed to have responded On Dec 2 to additional queries by SGX on two valuation reports which it commissioned to support its planned acquisition of a rare earth concession in Madagascar.

Both reports value the concession at just over US$1 billion ($1.4 billion). The reports were commissioned by the company to support its planned acquisition of a rare earth concession in Madagascar.

The company has yet to make public its additional clarifications.

On Nov 29, the company announced the resignation of independent director Krishna Kumar Sivasubramaniam, citing &ldquo other commitments&rdquo . He was appointed back in July 24 2013.


PinPoint      ( Date: 05-Dec-2016 11:20) Posted:



Unlikely to have good news..

The Company has submitted to SGX its draft responses to the SGX Queries on 25 November 2016. The SGX has since raised a further 8 queries on the draft responses on 28 November 2016 and the Company will require more time to address these additional queries and targets to respond by 2 December 2016.

They still have not reponded to this..should have rename RIP Capital..lol


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mepkoh
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06-Dec-2016 08:02     
 
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another independent director resigns..left only chairman ceo n exe director n 1 independent director..

look like directors leaving isr....this one face tremendous pressure to saty alive..

 


SINGAPORE (Dec 5): ISR Capital has announced the resignation of its second independent director in less than a week.

On Dec 5, the company, whose shares have been suspended for trading by the SGX, said that Levin Lee Keng Weng, who chairs the company&rsquo s remuneration committee, has resigned on Dec 3, &ldquo due to family commitments&rdquo .

Lee joined ISR&rsquo s board earlier this year on Feb 1. Within less than half a year on July 29, he tried to tender his resignation but was asked by the company to stay till a replacement could be found, said ISR in its Dec 5 announcement.

With Lee&rsquo s resignation, the company&rsquo s board now comprises of executive chairman Chen Tong, executive director David Rigoll and CEO and executive director Quah Su-Yin, as well as the remaining independent director Kwok Wei Woon, who was appointed on May 14 2012.

ISR Capital was supposed to have responded On Dec 2 to additional queries by SGX on two valuation reports which it commissioned to support its planned acquisition of a rare earth concession in Madagascar.

Both reports value the concession at just over US$1 billion ($1.4 billion). The reports were commissioned by the company to support its planned acquisition of a rare earth concession in Madagascar.

The company has yet to make public its additional clarifications.

On Nov 29, the company announced the resignation of independent director Krishna Kumar Sivasubramaniam, citing &ldquo other commitments&rdquo . He was appointed back in July 24 2013.


PinPoint      ( Date: 05-Dec-2016 11:20) Posted:



Unlikely to have good news..

The Company has submitted to SGX its draft responses to the SGX Queries on 25 November 2016. The SGX has since raised a further 8 queries on the draft responses on 28 November 2016 and the Company will require more time to address these additional queries and targets to respond by 2 December 2016.

They still have not reponded to this..should have rename RIP Capital..lol

stockmarket      ( Date: 02-Dec-2016 12:47) Posted:

for stock to move up or down must depend on bbs. if ISR got good news they may
push up to 20 cts or even 30 cts or more.
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PinPoint
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05-Dec-2016 11:20     
 
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Unlikely to have good news..

The Company has submitted to SGX its draft responses to the SGX Queries on 25 November 2016. The SGX has since raised a further 8 queries on the draft responses on 28 November 2016 and the Company will require more time to address these additional queries and targets to respond by 2 December 2016.

They still have not reponded to this..should have rename RIP Capital..lol

stockmarket      ( Date: 02-Dec-2016 12:47) Posted:

for stock to move up or down must depend on bbs. if ISR got good news they may
push up to 20 cts or even 30 cts or more.
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stockmarket
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02-Dec-2016 12:47     
 
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 Alert Admin 		for stock to move up or down must depend on bbs. if ISR got good news they may
push up to 20 cts or even 30 cts or more.
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sengsk
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02-Dec-2016 12:19     
 
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Maybe you should follow BB buy in .

As this would create balance for others to short it. 

That should be the beauty of buy and sell.

Happy trading !

dragon123      ( Date: 02-Dec-2016 12:06) Posted:



Don' t short this stock. This stock' s BBs are speialized in catching shortlists. Must keep in mind!!!

sengsk      ( Date: 02-Dec-2016 11:45) Posted:



Be careful, the moment gap up its the chance for shortist keep short it down.

DO NOT BUY, ant gap up just sell sell sell sell.

But i dun think thats any of this hope or chance.

Ignore this stock go for others.


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AhHuatz
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02-Dec-2016 12:16     
 
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long might be wrong..short might be wrong.. then just watch lol 

dragon123      ( Date: 02-Dec-2016 12:06) Posted:



Don' t short this stock. This stock' s BBs are speialized in catching shortlists. Must keep in mind!!!

sengsk      ( Date: 02-Dec-2016 11:45) Posted:



Be careful, the moment gap up its the chance for shortist keep short it down.

DO NOT BUY, ant gap up just sell sell sell sell.

But i dun think thats any of this hope or chance.

Ignore this stock go for others.


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dragon123
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02-Dec-2016 12:06     
 
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Don' t short this stock. This stock' s BBs are speialized in catching shortlists. Must keep in mind!!!

sengsk      ( Date: 02-Dec-2016 11:45) Posted:



Be careful, the moment gap up its the chance for shortist keep short it down.

DO NOT BUY, ant gap up just sell sell sell sell.

But i dun think thats any of this hope or chance.

Ignore this stock go for others.

AhHuatz      ( Date: 02-Dec-2016 11:27) Posted:



maybe there will be a gap up... upon re-opening...


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sengsk
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02-Dec-2016 11:45     
 
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Be careful, the moment gap up its the chance for shortist keep short it down.

DO NOT BUY, ant gap up just sell sell sell sell.

But i dun think thats any of this hope or chance.

Ignore this stock go for others.

AhHuatz      ( Date: 02-Dec-2016 11:27) Posted:



maybe there will be a gap up... upon re-opening...

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stockmarket
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02-Dec-2016 11:43     
 
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possible move down first then up because shortist cover back their position. would go back to 30 cts again?

when ISR start trading, next Monday?

 
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AhHuatz
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02-Dec-2016 11:27     
 
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maybe there will be a gap up... upon re-opening...
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mepkoh
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02-Dec-2016 08:57     
 
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quah su yin....

 
 


&ldquo I wish to state categorically that there is no direct or indirect link of ISR Capital Limited, its directors and officers save for the fact that that I am the sister of one of the three co-accused charged on 25 November 2016,&rdquo says Quah.

&ldquo I also wish to state that in my capacity as executive director and chief executive officer (since 29 April 2011), I have not been involved in any criminal proceedings,&rdquo she adds.

Quah insists that ISR maintains the highest standards of corporate governance and ethics, and is undergoing significant corporate transformation which will enhance shareholder value and a new direction of growth.

Trading of ISR shares have been suspended.
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jeremyow
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01-Dec-2016 16:42     
 
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Even though the valuation report is from an independent valuer, the company still has the responsibility to make sure the report is as fair, accurate and transparent as possible. From the queries by SGX not just the first time, but if one follows the news of this company, this is already the fourth time this year ISR Capital got queried by SGX. The previous valuation report was prepared by another indepedent valuer and was also found by SGX not to be in accordance to their listing regulations. This independent director who has just resigned is also a member of the audit committee of the company which should have ensured all information released by ISR Capital should be as fair, accurate and transparent as possible protecting the interests of its shareholders. 

ISR Capital also was found by SGX to have paid in consideration SGD 40 million to acquire 60% of Tantalum Holdings from Reo Magnetic Pte Ltd which is 7 times what Reo Magnetic had earlier acquired Tantalum Holdings just 6 months ago. And the amount of consideration of SGD 40 million to pay for this acquisition is by shares of ISR Capital issued to Reo Magnetic Pte Ltd. 

With all these activities of ISR Capital being announced in the market, there is coincidentally a sharp rise in the share price of ISR Capital from its most bottom price $0.075 in August to its highest price traded in Oct at $0.34.  The share price has multiplied by 4.5 times (approximately quadrupled) over just a span of two months. Simply unbelievable! What most companies will take a number of years to realise this gain in share price, ISR Capital can achieve it in just two months! Maybe the mining industry is really phenomenally lucrative?!  All these happened before the shares got suspended from trading few days ago pending ISR Capital' s replies to SGX on the Al Maynard valuation report which had some published information falling short of SGX regulations to be clarified. 

These are all very interesting coincidences that had happened. Pls note that I am not suggesting anything bad about the company as ISR Capital has yet to reply to SGX' s queries. Just taking a cautious stance here. Sometimes, things may look subtle on the surface yet there maybe more than meets the eye. As always, pls dyodd.        

ButterCookie      ( Date: 01-Dec-2016 14:48) Posted:



Although I am neither a supporter or hater of this stock, but DUDE, what logic is that?

The guy who does the valuation report is an independent valuer and the independent director who resigned, if I am not wrong is from Malaysia. It doesn' t take a fool to see that they are not even linked. In fact, this whole ISR wooo haaa caught my eye and I went to read up abit. Looks like they are reshuffling the old management/board to detach themselves away from the misrepresentation of the media --> that they are linked to ABL. the ID resigning sounds like their plan is still intact (they just signed a MOU with China rare earth company, that is good news)

jeremyow      ( Date: 30-Nov-2016 10:45) Posted:



From the series of exchanges between SGX and ISR Capital which SGX has repeated its queries on the Al Maynard valuation report despite ISR Capital providing reposnses to the queries. And also the coincidental resignation of the independent director during this period of suspension of trading of ISR Capital shares and enquiries by SGX. This does provides some hints though not conclusive that there might be problems with the Al Maynard valuation report. If there are really indications of misrepresentation, manipulation or even fraudulence of information by the company, the company might lend itself in legal trouble and affect its shareholders and others who have a vested interest in the company in terms of potential losses in their vested capital. Let' s hope it is nothing serious.      


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ButterCookie
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01-Dec-2016 14:48     
 
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Although I am neither a supporter or hater of this stock, but DUDE, what logic is that?

The guy who does the valuation report is an independent valuer and the independent director who resigned, if I am not wrong is from Malaysia. It doesn' t take a fool to see that they are not even linked. In fact, this whole ISR wooo haaa caught my eye and I went to read up abit. Looks like they are reshuffling the old management/board to detach themselves away from the misrepresentation of the media --> that they are linked to ABL. the ID resigning sounds like their plan is still intact (they just signed a MOU with China rare earth company, that is good news)

jeremyow      ( Date: 30-Nov-2016 10:45) Posted:



From the series of exchanges between SGX and ISR Capital which SGX has repeated its queries on the Al Maynard valuation report despite ISR Capital providing reposnses to the queries. And also the coincidental resignation of the independent director during this period of suspension of trading of ISR Capital shares and enquiries by SGX. This does provides some hints though not conclusive that there might be problems with the Al Maynard valuation report. If there are really indications of misrepresentation, manipulation or even fraudulence of information by the company, the company might lend itself in legal trouble and affect its shareholders and others who have a vested interest in the company in terms of potential losses in their vested capital. Let' s hope it is nothing serious.      

mepkoh      ( Date: 30-Nov-2016 10:19) Posted:



if the problem is serious...suspend..

possible worst case..

if found massive manupulations by directors  eg..isr might get the boot from sgx


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AhHuatz
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01-Dec-2016 00:08     
 
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I SURE RISE...
I say...
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enjoylife77
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30-Nov-2016 15:52     
 
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Besides this, Swiber, Swissco, Rickmers Maritime, Ezra, Ezion and many O & G names are adding to the misery for many.
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enjoylife77
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30-Nov-2016 15:35     
 
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Very troubling to see so many counter popular among retailer go bust one by one.   This will lead to a very quiet CNY 2017
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michelangelo
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30-Nov-2016 15:29     
 
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 Alert Admin 		Those scammers not around to pump it up it will deflate
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enjoylife77
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30-Nov-2016 15:20     
 
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This one still can survived after suspension?
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