| Latest Forum Topics / Renaissance United Last:0.001 -- |
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UOB
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Nopainnogain
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29-Jan-2013 14:00
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ya la... that counter is so cold.... if buy... need to wait till die..
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Isolator
Supreme |
29-Jan-2013 13:51
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Dont promote other counter here... if really need to... I promote HLH... LOL
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ballball
Elite |
29-Jan-2013 13:43
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enjoy.....  http://www.youtube.com/watch?v=ohgubqWxvG8 | ||||
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longterminvestor
Master |
29-Jan-2013 13:43
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watch DATAPULSE...$0.21 to rally up | ||||
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Isolator
Supreme |
29-Jan-2013 13:41
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Be ready to put on seat belt... It is  rocket that you will be riding on... | ||||
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Nopainnogain
Senior |
29-Jan-2013 13:16
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wow buy volume kept increasing and sell volume kept reduce... ready existing to know what good news... |
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Insanity
Member |
29-Jan-2013 12:58
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Short? Ur welcome to try lol Like they all say.. Expect the unexpected 
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terencee
Master |
29-Jan-2013 12:43
Yells: "I don't entertain trolls." |
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Ex-KL minister invests in Ipco Money | Updated today at 01:42 AM By Dennis Chan Deputy Money Editor A MAVERICK Malaysian politician has got in on the act on the hottest stock on the market these days. Former law minister Mohd Zaid Ibrahim has agreed to subscribe for 350 million new shares of Ipco International at 1.98 cents apiece. The private share placement, which works out to $6.9 million, will give Mr Zaid a 7 per cent stake in Ipco's enlarged capital. In a statement yesterday, Ipco said it is selling the shares to Mr Zaid to raise funds for working capital purposes and short-term investments. The issue price represents a 10 per cent discount to the stock's weighted average price of 2.2 cents yesterday. The statement said Mr Zaid was introduced to the company by its chief executive, Ms Quah Su Ling. Ipco, which has a diversified portfolio of investments, has been on the radar of stock punters in recent weeks. Since the start of the year, the stock has generated a daily average volume of 359 million shares. Amid frenzied trading on Jan 11, turnover crossed a billion shares. Yesterday, Ipco was the most active counter on volume of 508.9 million shares. Despite the intense interest from traders and investors, dealers said the stock had struggled to break out of the 2.2 cent to 2.4 cent price range. They attributed this to the massive flood of new shares that were created as a result of the conversion of $60 million convertible notes into ordinary shares by two funds. The conversion enlarged Ipco's issued capital by nearly three billion shares. The entry of Mr Zaid will further balloon the issued capital from 4.66 billion shares to 5.01 billion shares. Ipco said Mr Zaid " is well connected in Malaysia and in the region and the company can leverage on his extensive connections... and knowledge in the oil and gas industry in order to grow its own oil and gas business" . A lawyer by training, Mr Zaid is also the founder of one of Malaysia's largest law firms. However, it is unclear if his political ties will be a boon or hindrance to business. Mr Zaid, who served as the de facto law minister in the Cabinet of former prime minister Abdullah Badawi, was sacked from the ruling Umno party in 2008 for attending opposition party events and assemblies. He joined the opposition Parti Keadilan Rakyat soon after but left after just one year following a falling out with the party leadership. He then set up a new party but his leadership proved shortlived amid bitter infighting. [email protected]    -------------------   Go ahead. Short till your heart contents. :) Dont bleed ah.. 
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ahbinge
Member |
29-Jan-2013 12:38
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I believe that a share placement is coming. Can I short? | ||||
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CrazGreed
Senior |
29-Jan-2013 12:35
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Small small only. Should have loaded more. Cos diverted most of my capital to other counters after shorting ipco at high previously :)
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CrazGreed
Senior |
29-Jan-2013 12:33
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In Boston now, flight 8 hours later
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tankuku
Master |
29-Jan-2013 12:31
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Trading halt. Should be some good new on the way. Keep our finger cross. Good luck to all who vest. Huat ah. |
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gavinl
Supreme |
29-Jan-2013 12:31
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Lol. I qouted maybe. Lol
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guoyanyunyan
Supreme |
29-Jan-2013 12:22
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don't count your chickens before they're hatched 
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gavinl
Supreme |
29-Jan-2013 12:17
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Lol,maybe 1 day later may see 5 cents? Good luck too bro. :)
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ballball
Elite |
29-Jan-2013 12:17
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Where r u ? R u vestef?
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CrazGreed
Senior |
29-Jan-2013 12:15
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Hmmm, coming to Singapore timezone soon. Guess I can only see the announcement after I reach Singapore a day later :( | ||||
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CrazGreed
Senior |
29-Jan-2013 12:07
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Good luck :)
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gavinl
Supreme |
29-Jan-2013 12:06
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Lol, great minds think alike. Me too q to sell at 3 cents but entered order yesterday. Think trading will starts only tomorrow. Go out ,get some fresh air and think of what to do with the sudden windfall.
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terencee
Master |
29-Jan-2013 12:00
Yells: "I don't entertain trolls." |
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Once collected, wait for flushing to begin. Then buy back. Otherwise, place bets in another counter already. IPCO should have potential for the time being. Wait till they release their acquisition with so much cash on hand first. Then decide the future.
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