| Latest Forum Topics / Imperium Crown Last:0.007 -- |
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SIA Engineering
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dav781
Senior |
30-Jul-2017 15:43
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$Imperium Crown(5HT.SI)  Why I am bullish about Imperium? 1. Some people are concerned that Imperium is paying $50+ mil for GEM, which has a NTA of $2 mil only. This is also pointed out in an article by THE EDGE. However, the most important value of GEM is its 50 years operating rights for Wonder Stone Park in Shandong and this operating rights is considered intangible assets and cannot be included in the calculation of NTA. The company should come out and clarify this. 2. Wonder Stone Park in Linyi County in Shandong is a legit tourist attraction, and not SHADY. In fact, it is quite established and well-known already. Just google and you will find out more. The attraction met with some troubles recently and its 4A grading from China tourism board is suspended due to toilets that are not up to standard. Precisely why the attraction needs a professional property management company to turn it around.  3. Recent placement of $0.125 per share. Most placements I had seen are below the last traded share price, but Imperium managed to secure a premium over last traded share price. This shows a lot about investor confidence. 4. Current book value of $50+ million. Even if we liquidate Imperium now and distribute everything, it is worth more than $0.10 per share. Total shares only 489 million. And with another $37.5 million cash coming in from the placement above, each share is worth around $0.115 at least -- book value $90 million and 789 million shares. 5. Last but not least, the company is likely to announcement more strategic investors and collaborations soon. |
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dav781
Senior |
29-Jul-2017 22:12
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I am not talking about absolute number of shortists. I am talking about proportion of shortists to turnover of volume. I doubt there is another stock that can beat Imperium. soemthing is just not right.
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rachellee
Senior |
29-Jul-2017 20:44
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Actually the overall number of shortists these 2 weeks have been unusually high across the board, not just Imperium.
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dav781
Senior |
29-Jul-2017 20:39
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Considering the extremely high and unusual proportion of short-sellers for Imperium in the past month, something is just very fishy here. One of us should just report this to SGX and/or CPIB. Not sure who is trying to " manipulate" this share :-( |
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teeth53
Supreme |
29-Jul-2017 13:27
Yells: "don't learn through life, learn to grow with life " |
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Special dividend - Hope for the best. Current outstanding shr is...:)
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dav781
Senior |
29-Jul-2017 12:40
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Worth 0.1 cent per share :-) A good news. I hope they announcement a significant special dividend, like 0.5 cent, in Aug. This is should give its share price a significant boost :-)
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teeth53
Supreme |
29-Jul-2017 07:41
Yells: "don't learn through life, learn to grow with life " |
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Company wishes to update shareholders The Company and it former Directors have reached an amicable settlement, without any admission of liability on the part of the former Directors, in relation to the legal proceedings brought by Coy against former Directors relating to irregularities in respect of the declaration and payment of the Interim Dividend. Settlement amount to S$457,890.42 has been received by the Coy from the Former Directors.   |
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dav781
Senior |
28-Jul-2017 11:13
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FY results coming out. Maybe some special dividends? Relax for now.
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dav781
Senior |
28-Jul-2017 11:12
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YES. Just invested. I am buying 250 lots slowly. Wait and see how the shorties sell.... Holding for a few weeks at least.
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tasidev
Member |
27-Jul-2017 21:29
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Absolutely true. Today was another record high: 23% of the shares changing hands was shorting. That is four times the average short volume. Lots of shorties bought borrowed shares..... I wouldn' t want to be the last returning the borrowed shares.
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Adtower
Veteran |
27-Jul-2017 11:36
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Make sense so can collect now?
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Adtower
Veteran |
27-Jul-2017 11:34
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Obviously ppl r shorting most pennies this whole week
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NextEvolution
Elite |
27-Jul-2017 11:12
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When they were proposing to sell off their few Japanese assets, they say will reward shareholders but end up...... They are spending these money in China. And what do we think of in China? Money can go into thin air as seen in so many China investments
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investshare
Supreme |
27-Jul-2017 11:12
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Too bad it miss the opportunity to mop more money from shareholders
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dav781
Senior |
27-Jul-2017 10:48
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something is just not right with this share leh.
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Adtower
Veteran |
27-Jul-2017 10:04
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Buy buy buy
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dav781
Senior |
27-Jul-2017 09:24
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1. 38 percent of its new shareholders bought in at $0.125. 2. NAV per share is above $0.1. 3. While no one is sure now if the new business (GEM) is going to be a good business, we can assume a success rate of at least 50%. If at least 50% success, the company should be worth at least its NAV per share now. 4. Possibility of more strategic investors in the company soon, as announced previously. 5. SSH last bought its share at $0.102. 6. Based on the above, there is no reason for this share to trade below $0.1. In fact, I think it should be good for $0.11 at least. |
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tasidev
Member |
26-Jul-2017 18:16
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It' s always the last joiners in a ponzi scheme that will pay the price
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Adtower
Veteran |
26-Jul-2017 17:59
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👍 👍
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tasidev
Member |
26-Jul-2017 16:23
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some shortists getting nervous: selling to them self just to get the price further down! the 100 lot at 0.089 is a perfect example.
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