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Bigmama Elite	24-Jan-2014 11:56        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will go back to 1.6 soon
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moneycow Elite	23-Jan-2014 20:46        moneycow About Contact  Quote this Post!
x 1   x 0  Alert Admin	Can only say " u are quite right " Nothing further to add. :)  TTChoing      ( Date: 23-Jan-2014 20:34) Posted: So which stock is not like buying 4D...wake up la..bro moneycow      ( Date: 23-Jan-2014 10:25) Posted: Getting into IPCO   share now   is like buying 4D. You will never know..............when you hit big.........
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TTChoing Member	23-Jan-2014 20:34        TTChoing About Contact  Quote this Post!   Yells: "True or Faise, UP to you!"
x 0   x 0  Alert Admin	So which stock is not like buying 4D...wake up la..bro moneycow      ( Date: 23-Jan-2014 10:25) Posted: Getting into IPCO   share now   is like buying 4D. You will never know..............when you hit big.........
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moneycow Elite	23-Jan-2014 10:25        moneycow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Getting into IPCO   share now   is like buying 4D. You will never know..............when you hit big.........
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ruready Supreme	23-Jan-2014 10:04        ruready About Contact  Quote this Post!   Yells: "Follow the micro penny , May be this is the last train"
x 0   x 0  Alert Admin	Join in Liao,,,,get ready to support
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Lucky03 Elite	23-Jan-2014 07:53        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	One key question is that when it adjusted its fair value recognition in its last quarter update to reflect the dramatic drop in those investment, what baseline it used to reflect as the value of the investment - as at purchased price or at the current price of reporting which were obviously still significantly higher. I'm wondering if there remains unlocked asset appreciation potential should they cash out of Blumont and Innopac. This is a speculation but not without sense that in the event that Quah Su-Ling loses her case, she has a huge amount to pay up and she may have to unlock the value so that she can max the cash out for IPCO should she need to find a buyer to raise cash for herself. This may be a good start with injection of new management on board that hopefully will bring IPCO to focus on growth. On the other hand, should she emerge victorious, I'm sure she has learnt a big lesson from what's probably her most threatening crisis and be wiser to stay focus and concentrate on rebuilding her nest and bring us some cheers along the way :) Bigmama      ( Date: 23-Jan-2014 07:21) Posted: Yes, correct. But everyone already knew this for a year plus. It will not push up the price. Lucky03      ( Date: 23-Jan-2014 02:14) Posted: The following is extracted from an appendix probably from one of the recent quarterly report. Is it accurate to say that IPCO cost of purchase of Blumont and Innopac was only $0.015 and $0.01 per share respectively ? Blumont On 7 October 2010, Asia Plan Ltd, in which the Group holds a 70% equity interest and which is engaged in real estate development near Seattle in the state of Washington, USA via its wholly- owned subsidiary Capri Investment L.L.C. (?Capri?), entered into a Conditional Sale and Purchase Agreement (?S&P?) with Blumont Group Ltd, a company whose shares are listed and quoted on the Main Board of the SGX-ST, and Blumont?s subsidiary company, Phelago Holdings Pte Ltd, to sell 37 finished lots held by Capri for an aggregate purchase consideration of S$2.96 million. Upon completion of the transaction on 28 September 2011, the group received 137,956,868 shares of Blumont (70% of the total of 197,081,240 shares issued to Capri) at a price of S$0.015 per share. At the time this represented 10.93% of Blumont?s issued share capital, in addition to the 26 million shares previously held by the Group. The closing price per share for Blumont was S$0.80 and S$1.385 as at 30 April 2013 and 31 July 2013, respectively. Innopac On 16 February 2011, the Group?s wholly-owned subsidiary, Dimensi Cita Sdn Bhd entered into a Conditional Sale and Purchase Agreement (?S&P Agreement?) with Innopac Holdings Ltd, a company whose shares are listed and quoted on the Main Board of the SGX-ST, whereby Innopac acquired from Dimensi 100% of the issued and paid-up ordinary shares capital of Enigma Venture (M) Sdn. Bhd. for a total consideration of S$2,000,000. Upon completion of the transaction on 10 April 2012, the Company received 200,000,000 new ordinary shares of Innopac at S$0.01 per share as full settlement of the consideration based on the S&P Agreement. At the time this represented 9.89% of Innopac?s issued share capital. The closing price per share for Innopac was S$0.20 and S$0.135 as at 30 April 2013 and 31 July 2013, respectively.
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Lucky03 Elite	23-Jan-2014 07:43        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Also forgotten ? Bigmama      ( Date: 23-Jan-2014 07:21) Posted: Yes, correct. But everyone already knew this for a year plus. It will not push up the price. Lucky03      ( Date: 23-Jan-2014 02:14) Posted: The following is extracted from an appendix probably from one of the recent quarterly report. Is it accurate to say that IPCO cost of purchase of Blumont and Innopac was only $0.015 and $0.01 per share respectively ? Blumont On 7 October 2010, Asia Plan Ltd, in which the Group holds a 70% equity interest and which is engaged in real estate development near Seattle in the state of Washington, USA via its wholly- owned subsidiary Capri Investment L.L.C. (?Capri?), entered into a Conditional Sale and Purchase Agreement (?S&P?) with Blumont Group Ltd, a company whose shares are listed and quoted on the Main Board of the SGX-ST, and Blumont?s subsidiary company, Phelago Holdings Pte Ltd, to sell 37 finished lots held by Capri for an aggregate purchase consideration of S$2.96 million. Upon completion of the transaction on 28 September 2011, the group received 137,956,868 shares of Blumont (70% of the total of 197,081,240 shares issued to Capri) at a price of S$0.015 per share. At the time this represented 10.93% of Blumont?s issued share capital, in addition to the 26 million shares previously held by the Group. The closing price per share for Blumont was S$0.80 and S$1.385 as at 30 April 2013 and 31 July 2013, respectively. Innopac On 16 February 2011, the Group?s wholly-owned subsidiary, Dimensi Cita Sdn Bhd entered into a Conditional Sale and Purchase Agreement (?S&P Agreement?) with Innopac Holdings Ltd, a company whose shares are listed and quoted on the Main Board of the SGX-ST, whereby Innopac acquired from Dimensi 100% of the issued and paid-up ordinary shares capital of Enigma Venture (M) Sdn. Bhd. for a total consideration of S$2,000,000. Upon completion of the transaction on 10 April 2012, the Company received 200,000,000 new ordinary shares of Innopac at S$0.01 per share as full settlement of the consideration based on the S&P Agreement. At the time this represented 9.89% of Innopac?s issued share capital. The closing price per share for Innopac was S$0.20 and S$0.135 as at 30 April 2013 and 31 July 2013, respectively.
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Bigmama Elite	23-Jan-2014 07:21        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, correct. But everyone already knew this for a year plus. It will not push up the price. Lucky03      ( Date: 23-Jan-2014 02:14) Posted: The following is extracted from an appendix probably from one of the recent quarterly report. Is it accurate to say that IPCO cost of purchase of Blumont and Innopac was only $0.015 and $0.01 per share respectively ? Blumont On 7 October 2010, Asia Plan Ltd, in which the Group holds a 70% equity interest and which is engaged in real estate development near Seattle in the state of Washington, USA via its wholly- owned subsidiary Capri Investment L.L.C. (?Capri?), entered into a Conditional Sale and Purchase Agreement (?S&P?) with Blumont Group Ltd, a company whose shares are listed and quoted on the Main Board of the SGX-ST, and Blumont?s subsidiary company, Phelago Holdings Pte Ltd, to sell 37 finished lots held by Capri for an aggregate purchase consideration of S$2.96 million. Upon completion of the transaction on 28 September 2011, the group received 137,956,868 shares of Blumont (70% of the total of 197,081,240 shares issued to Capri) at a price of S$0.015 per share. At the time this represented 10.93% of Blumont?s issued share capital, in addition to the 26 million shares previously held by the Group. The closing price per share for Blumont was S$0.80 and S$1.385 as at 30 April 2013 and 31 July 2013, respectively. Innopac On 16 February 2011, the Group?s wholly-owned subsidiary, Dimensi Cita Sdn Bhd entered into a Conditional Sale and Purchase Agreement (?S&P Agreement?) with Innopac Holdings Ltd, a company whose shares are listed and quoted on the Main Board of the SGX-ST, whereby Innopac acquired from Dimensi 100% of the issued and paid-up ordinary shares capital of Enigma Venture (M) Sdn. Bhd. for a total consideration of S$2,000,000. Upon completion of the transaction on 10 April 2012, the Company received 200,000,000 new ordinary shares of Innopac at S$0.01 per share as full settlement of the consideration based on the S&P Agreement. At the time this represented 9.89% of Innopac?s issued share capital. The closing price per share for Innopac was S$0.20 and S$0.135 as at 30 April 2013 and 31 July 2013, respectively.
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Lucky03 Elite	23-Jan-2014 02:14        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The following is extracted from an appendix probably from one of the recent quarterly report. Is it accurate to say that IPCO cost of purchase of Blumont and Innopac was only $0.015 and $0.01 per share respectively ? Blumont On 7 October 2010, Asia Plan Ltd, in which the Group holds a 70% equity interest and which is engaged in real estate development near Seattle in the state of Washington, USA via its wholly- owned subsidiary Capri Investment L.L.C. (?Capri?), entered into a Conditional Sale and Purchase Agreement (?S&P?) with Blumont Group Ltd, a company whose shares are listed and quoted on the Main Board of the SGX-ST, and Blumont?s subsidiary company, Phelago Holdings Pte Ltd, to sell 37 finished lots held by Capri for an aggregate purchase consideration of S$2.96 million. Upon completion of the transaction on 28 September 2011, the group received 137,956,868 shares of Blumont (70% of the total of 197,081,240 shares issued to Capri) at a price of S$0.015 per share. At the time this represented 10.93% of Blumont?s issued share capital, in addition to the 26 million shares previously held by the Group. The closing price per share for Blumont was S$0.80 and S$1.385 as at 30 April 2013 and 31 July 2013, respectively. Innopac On 16 February 2011, the Group?s wholly-owned subsidiary, Dimensi Cita Sdn Bhd entered into a Conditional Sale and Purchase Agreement (?S&P Agreement?) with Innopac Holdings Ltd, a company whose shares are listed and quoted on the Main Board of the SGX-ST, whereby Innopac acquired from Dimensi 100% of the issued and paid-up ordinary shares capital of Enigma Venture (M) Sdn. Bhd. for a total consideration of S$2,000,000. Upon completion of the transaction on 10 April 2012, the Company received 200,000,000 new ordinary shares of Innopac at S$0.01 per share as full settlement of the consideration based on the S&P Agreement. At the time this represented 9.89% of Innopac?s issued share capital. The closing price per share for Innopac was S$0.20 and S$0.135 as at 30 April 2013 and 31 July 2013, respectively.
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akchua Senior	21-Jan-2014 08:57        akchua About Contact  Quote this Post!
x 0   x 0  Alert Admin	No one buying and no one is selling. Waiting game I guess. Hopefully, this quarter result show a bit of operation profit, maybe Ipco will to 2.5 cents. Not vested. Bigmama      ( Date: 21-Jan-2014 06:35) Posted: Back to 1.7 again.....range from 1.6 to 2 for a long time I guess.
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Bigmama Elite	21-Jan-2014 06:35        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Back to 1.7 again.....range from 1.6 to 2 for a long time I guess.
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Lucky03 Elite	19-Jan-2014 10:15        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Manu Bhaskaran: Blowout global growth on the cards Monday, 13 January 2014 © 2014 - The Edge Singapore
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Lucky03 Elite	16-Jan-2014 21:48        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Repost from Blumont track. If Quah Su-Ling wins, then she will be around and more of the her style continues and IPCO will remain difficult to predict its future since it constantly tries to invest aggressively rather than concentrate on growing its core businesses of its subsidiaries. The financial performance will remain volatile due to the recognition of fair value accounting for its investment instruments. On the other hand, if she loses the case, she may have to raise the money to settle the amount payable which may be the catalyst for her to bow out and we may see a change in hands among the management level. That may offer a fresh angle and hope of management reshuffle that will give a new lease of live and potentially positive change to be expected. Source: Business Times (Published 16.1.14) Interactive Brokers suing Ipco CEO and clients for $79m in losses IPCO International chief executive Quah Su-Ling, who is among eight clients sued in High Court over $79 million in losses sustained by Interactive Brokers (IB) in the wake of the penny stock crash, has alleged the US online brokerage was involved in a " commission-generating scheme" . According to court documents inspected by The Business Times, Ms Quah, who is seeking to unfreeze nearly $15 million in assets belonging to her and her company Sun Spirit Group, said she does not recall signing the broker's account-opening documents or completing any forms. The large-volume trades in the shares of Asiasons Capital, Blumont Group and LionGold Corp from her account and that of Sun Spirit's happened because Ken Tai, owner of Algo Capital and her financial advisor, had exceeded his authority over the accounts, she said. She was rebutting allegations that she may have been involved in an " intricate pump-and-dump scheme to artificially generate trading volume" in the stock trio and to drive up their share prices before they crashed and wiped out over $8 billion in value. In arbitration proceedings against her, the British Virgin Islands-incorporated Sun Spirit and eight other individuals and entities to recover $79 million in unpaid margin loans, Interactive Brokers flagged " suspicious trading activities through the defendants' accounts" made by Algo Capital. A hearing in relation to the freezing order was held last Friday.BT understands that judgment was reserved. The broker alleged: " The unusual trading pattern employed by (Algo), which involved buying and selling the same stock in the same account on the same day at the same price, or closing out a large amount of shares in the morning, then repurchasing those shares in smaller lots throughout the day at set intervals, ... (gave) the market the appearance that the stocks were more heavily traded than they were. " For instance, Algo often traded substantial portions of the volume of total daily trades in LionGold shares and even exceeded 80 per cent of the total trading volume on certain days. Similarly, for Asiasons shares, Algo's trading volume was as much as 67 per cent on some days." But Ms Quah, in her affidavit, said Mr Tai had purportedly told her that it was the broker that had " placed pressure on him to maintain his high-volume trading" . " Despite the fact that Ken Tai had been trading large volumes of shares in the companies for an entire year (from August 2012 to October 2013), Interactive Brokers did not see fit to flag or exercise its rights to suspend or freeze Sun Spirit's or my accounts in light of what they now allege as 'suspicious activity'." Between October 2012 and last Oct 4, the broker allegedly made commissions amounting to $776,152 on trades done in her account, and $177,981 on Sun Spirit's account, she said. She also claimed the broker may have violated the Securities and Futures Act by offering margin-trading services to Singapore residents in respect of SGX-listed stocks without the requisite licence from the Monetary Authority of Singapore (MAS), and was in breach of its own internal policy. But Interactive Brokers, represented by Senior Counsel Harpreet Singh of Cavenagh Law, said Ms Quah has not produced any credible evidence to support her claims. Nor has she explained why Mr Tai would " gratuitously implicate" himself by admitting he was in a commission-generating scheme to defraud the defendants, it said in court documents. IB said it is " completely unaffiliated with the advisers and/or customers who trade on its platform and in no way manages or supervises customer trading or offers any input in the trading" . " It is highly improbable that a sophisticated and experienced businesswoman and investor would be so trusting of Mr Tai. ... The more plausible explanation is the defendants, all of whom were interrelated and had connections with (LionGold, Asiasons and Blumont), were fully aware of Mr Tai's actions." In challenging Ms Quah's claims as to why she did not disclose her relationship with the other defendants, the broker said she must be " intimately aware that most brokerages would impose higher-margin requirements on customers who disclose they are insiders of a stock they are trading, or that they hold a large position in that stock, either individually or acting in concert with others." " If there was anyone trying to circumvent the need to obtain a licence from the MAS, it would be Ms Quah and Ipco, who had incorporated Sun Spirit on the other side of the world, and then used it for investment in the (three companies') shares through its account with Interactive Brokers." On why Ms Quah and Sun Spirit could have been involved in such unusual trading activities and yet suffered huge losses, the broker said: " They may have expected their scheme to continue to be successful, or believe that they could have sold off their positions for large gains before the share prices collapsed, but had simply waited too long." [email protected]
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seanpent Supreme	16-Jan-2014 09:39        seanpent About Contact  Quote this Post!
x 0   x 0  Alert Admin	micro pennies active seanpent      ( Date: 16-Jan-2014 09:26) Posted: jeeping
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seanpent Supreme	16-Jan-2014 09:26        seanpent About Contact  Quote this Post!
x 0   x 0  Alert Admin	jeeping
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Laggard Senior	14-Jan-2014 09:14        Laggard About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Thumb up! Both plus their FC  should all go.   Only dilution and working for themselves all these years. Lucky03      ( Date: 14-Jan-2014 00:04) Posted: Quah Su-Ling, Ng Su-Ling and both work at IPCO. One CEO and the other company secretary at IPCO. What a coincidence with the same name but diff surname. Are they related in anyway. Whatever, if they lost the lawsuit, don't see how they can make a comeback soon and perhaps, may result in a change of hands at IPCO. May not be a bad thing for IPCO to inject fresh management mandate that may be more interested to run it as a serious company than for speculative investments that shadow the personal interest of the CEO.
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Bigmama Elite	14-Jan-2014 07:57        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lol, ok......Just poke you every now and then. Ten months from now, you will learn not to be too confident of yourself. My warning... Ten months later ..... It is a bear. Rosesyrup      ( Date: 13-Jan-2014 09:56) Posted: =.= Bigmama I am a fundamental analysis, not magician......meaning I need time to prove it! Even though I hope IPCO will run all the way to 6.2 ASAP, I feel quite helpless when you come back to haunt me every 2 weeks. It's only Jan now, 10 more months to go. I am not looking for 1000% returns, and I am happy so long as the return is good enough.  Bigmama      ( Date: 13-Jan-2014 06:23) Posted: Lol.... All you can justify is calm down? I first bought albedo at 1.7 cents and profit many time over and it has reach your ipco target of 6.4. Lol.........Ipco still in the drains. Your reasons for albedo maybe right but maybe wrong too.... Only time can tell but for now ride the albedo wave man to the big old blue....... Righteous! Righteous
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Lucky03 Elite	14-Jan-2014 00:04        Lucky03 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Quah Su-Ling, Ng Su-Ling and both work at IPCO. One CEO and the other company secretary at IPCO. What a coincidence with the same name but diff surname. Are they related in anyway. Whatever, if they lost the lawsuit, don't see how they can make a comeback soon and perhaps, may result in a change of hands at IPCO. May not be a bad thing for IPCO to inject fresh management mandate that may be more interested to run it as a serious company than for speculative investments that shadow the personal interest of the CEO.
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Rosesyrup Master	13-Jan-2014 09:56        Rosesyrup About Contact  Quote this Post!   Yells: "Get your own opinion, don't follow blindly."
x 0   x 1  Alert Admin	=.= Bigmama I am a fundamental analysis, not magician......meaning I need time to prove it! Even though I hope IPCO will run all the way to 6.2 ASAP, I feel quite helpless when you come back to haunt me every 2 weeks. It's only Jan now, 10 more months to go. I am not looking for 1000% returns, and I am happy so long as the return is good enough.  Bigmama      ( Date: 13-Jan-2014 06:23) Posted: Lol.... All you can justify is calm down? I first bought albedo at 1.7 cents and profit many time over and it has reach your ipco target of 6.4. Lol.........Ipco still in the drains. Your reasons for albedo maybe right but maybe wrong too.... Only time can tell but for now ride the albedo wave man to the big old blue....... Righteous! Righteous! Rosesyrup      ( Date: 13-Jan-2014 01:10) Posted:
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Laggard Senior	13-Jan-2014 09:13        Laggard About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Lucky03      ( Date: 13-Jan-2014 07:51) Posted: Looks like what IPCO needs is management reshuffle and a change of hands. Bigmama      ( Date: 13-Jan-2014 07:39) Posted: Even if they are in all these key sectors but excel at none. People profit but they bleed. It doesn't matter that I am in a top primary school but if I fail my PLSE ..... Still no secondary school will take me right? In the past year, everyone jump in the bandwagon just because she (ipco) is wearing a top primary school uniform but now she got expel because she was caught smoking in the toilet, found some drugs in her bag and threaten the teachers with a knife.....Now which school will take her
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