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Lucky03 Elite	07-Dec-2013 13:08        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	QSL holds 1.35% o IPCO. Hope she didn't also pledged in IPCO for share financing and kena forced selling too. There is also no clarity on what IPCO used to pledge for share margin financing that is paying 6-8% interest per annum. Hope they will issue clarification and reassure shareholders in their Q2 result to be issued by 15 Nov. When is the next AGM ?
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spss1955 Master	07-Dec-2013 00:09        spss1955 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Chern Kay aka BBs aka Bast--ds, haha Rosesyrup      ( Date: 06-Dec-2013 22:32) Posted: Who is CK? hmphie      ( Date: 06-Dec-2013 22:30) Posted: This reminds me of how some companies pair lousy quarterly results with announcements of contractual wins. Whichever way, only the CK decides if the price goes up....or down.
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Rosesyrup Master	06-Dec-2013 22:32        Rosesyrup About Contact  Quote this Post!   Yells: "Get your own opinion, don't follow blindly."
x 0   x 1  Alert Admin	Who is CK? hmphie      ( Date: 06-Dec-2013 22:30) Posted: This reminds me of how some companies pair lousy quarterly results with announcements of contractual wins. Whichever way, only the CK decides if the price goes up....or down.
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hmphie Veteran	06-Dec-2013 22:30        hmphie About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	This reminds me of how some companies pair lousy quarterly results with announcements of contractual wins. Whichever way, only the CK decides if the price goes up....or down.
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Lucky03 Elite	06-Dec-2013 22:14        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The CEO should resign voluntarily due to conflict of interest. If she holds a significant shares of Blumont, her judgement of the financial treatment and executive judgement on any asset disposal or increase has a high probability of being marred by her personal holdings. Unacceptable ! guoyanyunyan      ( Date: 06-Dec-2013 21:07) Posted: PROFIT WARNING The Board of Directors of Ipco International Ltd (the Company) wishes to announce that the Company, together with its subsidiaries (collectively, the Group), is expected to report a loss and asset impairment for the half year ended 31 October 2013. This is primarily attributable to declines in value of Financial Assets, of which the most significant is the Groups holding of 9.74% of the issued share capital of Blumont Group Ltd (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 Blumonts 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 Blumonts issued share capital, in addition to the 26 million shares previously held by the Group. Revenue and profits from the Companys operating subsidiary Excellent Empire Ltd, which distributes natural gas in four cities in Hubei Province, PRC, have continued to show improvements. The Group is in the process of finalizing its unaudited Half Year Financial Results for FY2014, which will be released on or before 15 December 2013 and will contain further details. In the meantime the Board of Directors wishes to advise shareholders and potential investors to exercise caution when dealing in the shares of the Company. BY ORDER OF THE BOARD Carlson Clark Smith Executive Director and Chief Financial Officer 6 December 2013
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Lucky03 Elite	06-Dec-2013 21:58        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If the recent falls have taken into consideration the anticipated profit warning, as we all know that the inside news would have been leaked out given the history of these companies that it may be the good time to pick up at current price for mid to long term return. The sell on good news may work the reverse here. Lucky03      ( Date: 06-Dec-2013 21:53) Posted: This whole thing about fair value accounting is really stupid unless the company plans to realize it though near term disposal. It resulted in wild swing that is beyond the control of the company since it may not be able to exercise executive control and it does not correlate to the operating performance of the company and its business. I suppose the loss now depends on the value that it used when recognizing the fair value back then and the more, the higher 'loss' despite its natural gas business continuing to improve. Just paper money !
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Lucky03 Elite	06-Dec-2013 21:53        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This whole thing about fair value accounting is really stupid unless the company plans to realize it though near term disposal. It resulted in wild swing that is beyond the control of the company since it may not be able to exercise executive control and it does not correlate to the operating performance of the company and its business. I suppose the loss now depends on the value that it used when recognizing the fair value back then and the more, the higher 'loss' despite its natural gas business continuing to improve. Just paper money !
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guoyanyunyan Supreme	06-Dec-2013 21:07        guoyanyunyan About Contact  Quote this Post!
x 0   x 0  Alert Admin	PROFIT WARNING The Board of Directors of Ipco International Ltd (the Company) wishes to announce that the Company, together with its subsidiaries (collectively, the Group), is expected to report a loss and asset impairment for the half year ended 31 October 2013. This is primarily attributable to declines in value of Financial Assets, of which the most significant is the Groups holding of 9.74% of the issued share capital of Blumont Group Ltd (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 Blumonts 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 Blumonts issued share capital, in addition to the 26 million shares previously held by the Group. Revenue and profits from the Companys operating subsidiary Excellent Empire Ltd, which distributes natural gas in four cities in Hubei Province, PRC, have continued to show improvements. The Group is in the process of finalizing its unaudited Half Year Financial Results for FY2014, which will be released on or before 15 December 2013 and will contain further details. In the meantime the Board of Directors wishes to advise shareholders and potential investors to exercise caution when dealing in the shares of the Company. BY ORDER OF THE BOARD Carlson Clark Smith Executive Director and Chief Financial Officer 6 December 2013
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nqing87 Supreme	06-Dec-2013 20:29        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	profit warning issue.. look at announcement in sgx.. expected anyway Lucky03      ( Date: 06-Dec-2013 20:24) Posted: ???? Laggard      ( Date: 06-Dec-2013 19:43) Posted: PROFIT WARNING!!!
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Lucky03 Elite	06-Dec-2013 20:24        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	???? Laggard      ( Date: 06-Dec-2013 19:43) Posted: PROFIT WARNING!!!
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nqing87 Supreme	06-Dec-2013 20:23        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	ok not too bad, at least got something that can generate real revenue, rather than stupid fair value investment which ipco management doesnt know how to sell at high lol hmphie      ( Date: 06-Dec-2013 20:06) Posted: MISCELLANEOUS :: FRAMEWORK AGREEMENT WITH HAIYANG CITY HOUSING & CONSTRUCTION PLANNING AUTHORITY * Asterisks denote mandatory information Name of Announcer * IPCO INT'L LIMITED Company Registration No. 199202747M Announcement submitted on behalf of IPCO INT'L LIMITED Announcement is submitted with respect to * IPCO INT'L LIMITED Announcement is submitted by * Carlson Clark Smith Designation * Executive Director and Chief Financial Officer Date & Time of Broadcast 06-Dec-2013 19:32:31 Announcement No. 00122 >> ANNOUNCEMENT DETAILS The details of the announcement start here ... Announcement Title * Framework Agreement with Haiyang City Housing & Construction Planning Authority Description On 5 December 2013 Ipco International Ltd (Ipco), through its wholly-owned subsidiary China Environmental Energy Protection Investment Limited (China Environmental), signed a Framework Agreement (the Agreement) with the Haiyang City Housing & Construction Planning Authority for a 30-year natural gas distribution concession in Haiyang City, Shandong Province, Peoples Republic of China. Situated in the Shandong Peninsula on the coastline of the Pacific Ocean, Haiyang has an estimated population of 690,000. Haiyang Port is an important trading entrep??t with sea routes connecting Korea and Japan, as well as other Chinese ports. Under the terms of the Agreement, China Environmental will be awarded exclusive natural gas distribution rights for a period of 30 years. The geographic areas comprise the townships of Xujiadian, Facheng, Guocheng and Zhuwu. China Environmental will also be granted first priority to construct and operate LNG and CNG stations. As construction is expected to commence in the second half of 2014, there should be no significant impact in the current financial year. The total investment cost is estimated at RMB 120 million. The Agreement represents the expansion of China Environmentals natural gas operations to Shandong Province. Shandong is one of the most populous, affluent and industrialized provinces in China, with the Shandong Peninsula being one of the wealthiest areas. Haiyangs GDP growth was 10.3% for the year 2012. China Environmentals track record as a successful operator of four natural gas distribution concessions in Hubei Province has positioned it for further expansion in terms of operating, financial and regulatory synergies, and Ipco is actively seeking new energy concessions in Shandong, as well as in other provinces in the PRC. BY ORDER OF THE BOARD Carlson Clark Smith Executive Director and Chief Financial Officer 6 December 2013 Attachments Total size = 0K (2048K size limit recommended)
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hmphie Veteran	06-Dec-2013 20:06        hmphie About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	MISCELLANEOUS :: FRAMEWORK AGREEMENT WITH HAIYANG CITY HOUSING & CONSTRUCTION PLANNING AUTHORITY * Asterisks denote mandatory information Name of Announcer * IPCO INT'L LIMITED Company Registration No. 199202747M Announcement submitted on behalf of IPCO INT'L LIMITED Announcement is submitted with respect to * IPCO INT'L LIMITED Announcement is submitted by * Carlson Clark Smith Designation * Executive Director and Chief Financial Officer Date & Time of Broadcast 06-Dec-2013 19:32:31 Announcement No. 00122 >> ANNOUNCEMENT DETAILS The details of the announcement start here ... Announcement Title * Framework Agreement with Haiyang City Housing & Construction Planning Authority Description On 5 December 2013 Ipco International Ltd (Ipco), through its wholly-owned subsidiary China Environmental Energy Protection Investment Limited (China Environmental), signed a Framework Agreement (the Agreement) with the Haiyang City Housing & Construction Planning Authority for a 30-year natural gas distribution concession in Haiyang City, Shandong Province, Peoples Republic of China. Situated in the Shandong Peninsula on the coastline of the Pacific Ocean, Haiyang has an estimated population of 690,000. Haiyang Port is an important trading entrep??t with sea routes connecting Korea and Japan, as well as other Chinese ports. Under the terms of the Agreement, China Environmental will be awarded exclusive natural gas distribution rights for a period of 30 years. The geographic areas comprise the townships of Xujiadian, Facheng, Guocheng and Zhuwu. China Environmental will also be granted first priority to construct and operate LNG and CNG stations. As construction is expected to commence in the second half of 2014, there should be no significant impact in the current financial year. The total investment cost is estimated at RMB 120 million. The Agreement represents the expansion of China Environmentals natural gas operations to Shandong Province. Shandong is one of the most populous, affluent and industrialized provinces in China, with the Shandong Peninsula being one of the wealthiest areas. Haiyangs GDP growth was 10.3% for the year 2012. China Environmentals track record as a successful operator of four natural gas distribution concessions in Hubei Province has positioned it for further expansion in terms of operating, financial and regulatory synergies, and Ipco is actively seeking new energy concessions in Shandong, as well as in other provinces in the PRC. BY ORDER OF THE BOARD Carlson Clark Smith Executive Director and Chief Financial Officer 6 December 2013 Attachments Total size = 0K (2048K size limit recommended)
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Laggard Senior	06-Dec-2013 19:43        Laggard About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	PROFIT WARNING!!!
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cccx123 Elite	06-Dec-2013 18:55        cccx123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Direct is when you own the shares under your own name I your own account. Deemed interest might mean anything otherwise. Examples are like Edward owns Entity ABX which owns ipco. Or Edward pledged his ipco shares to banks for margin. Then it is considered deemed interest. Insanity      ( Date: 06-Dec-2013 18:07) Posted: can any kind souls help explain whats the difference between " Direct Interest" and " Deemed Interest" ? Dont understand why over the course of ownership EL changes them back and forth between direct and deemed
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jackson5 Master	06-Dec-2013 18:11        jackson5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Could be due to financing re-arrangement and easy to execute sales orders. Maybe EL also want to run.
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Insanity Member	06-Dec-2013 18:07        Insanity About Contact  Quote this Post!
x 0   x 0  Alert Admin	can any kind souls help explain whats the difference between " Direct Interest" and " Deemed Interest" ? Dont understand why over the course of ownership EL changes them back and forth between direct and deemed
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guoyanyunyan Supreme	06-Dec-2013 15:02        guoyanyunyan About Contact  Quote this Post!
x 0   x 0  Alert Admin	...from 5-yrs chart...before end Apr '11... $0.015 is a strong level... ... fall below $0.015 for ~11 mths...
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dogbone1 Senior	05-Dec-2013 19:33        dogbone1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Monday 0.019, Tuesday 0.018, Wednesday 0.017, Thursday 0.016 & Friday ??? Next Week ???
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dekmelvie Senior	05-Dec-2013 12:59        dekmelvie About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Have you not cut loss?? Bigmama      ( Date: 05-Dec-2013 09:02) Posted: Wow. 1.5 coming
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Bigmama Elite	05-Dec-2013 09:02        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow. 1.5 coming
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