| Latest Forum Topics / Reenova Investment |
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Wilmar - Watch for a Strong Rally to Come!
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michelangelo
Member |
30-Nov-2016 14:32
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With the arrest of the ABL scammers they days of penny stocks rollercoaster rides might be over. | ||||
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mepkoh
Elite |
30-Nov-2016 11:08
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no brainer maths.. nano sums
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jeremyow
Master |
30-Nov-2016 10:45
Yells: "Passionate business investor" |
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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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mepkoh
Elite |
30-Nov-2016 10:19
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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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PinPoint
Member |
30-Nov-2016 10:14
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After the learning from Swiber' s false declaration of their book value order, SGX is smarter only a slight bit on this issue.
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dragon123
Senior |
30-Nov-2016 10:09
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Simple reply doesn&rsquo t work this time. This time, SGX raised serious queries about ISR' s recent announcements about Al Maynard Valuation Report. Most top volume stocks get BBs inside. SGX will not suspend a stock just because there are BBs manipulating its price and playing " pump and dump&rdquo games. But if the company releases false information in their announcements, SGX has the authority to investigate and suspend it. Therefore, it is critical importance of ISR&rsquo s formal replies to satisfy SGX&rsquo s queries this time. Otherwise, BBs also have to give up this stock if the suspension cannot be lifted. Yesterday, ISR announced that one of its independent non-executive directors, the chairman of nominating committee and a member of audit and remuneration committee, has resigned&hellip &hellip
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Wind22i
Supreme |
29-Nov-2016 22:15
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The company just have to reply a simple query. Whether their valuation is done according to the norm/ standards. But they also have BBs getting charged for manipulation which i think is a bigger problem. | ||||
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buysellbuysell
Master |
29-Nov-2016 17:36
Yells: "someone please sell down low so that others can buy low" |
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😆 😆 😆 😆 😆 😆 😆 😆 got many others sub pennies
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dragon123
Senior |
29-Nov-2016 15:55
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SGX already said " the suspension will be lifted only when SGX-ST is satisfied with that the company' s  shares can be traded on a fair, orderly and transparent basis" . Currently, SGX is still waiting for ISR' s formal reply to its query issued on 21 Nov 2016. In that query, SGX asked ISR 10 questions. Once ISR provides reasonable answers to those questions, SGX has to lift the suspension. From ISR&rsquo s yesterday&rsquo s announcement, it seems that  ISR targets to provide its  formal reply to SGX before 2 Dec 2016.  Only if ISR fails to provide reasonable answers to those questions asked by SGX, we can expect " game over for ISR" ......
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ysh2006
Supreme |
29-Nov-2016 15:29
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So from your judgement how long will the halt lift ?...
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dragon123
Senior |
29-Nov-2016 13:25
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ISR has involved in ABL case many years ago.  Why did SGX allow it to turn over in May this year? Why did SGX not suspend ABL during the past three years? Don' t expect SGX will suspend ISR forever......
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ysh2006
Supreme |
29-Nov-2016 12:54
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Involved in ABL case how to turn over....? still suspended cannot run ! " Good cook must also have vegetables" for him to try the skill mah...
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dragon123
Senior |
29-Nov-2016 12:10
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When ISR was as low as $0.003, I thought it would be an end for this rubbish stock, so I sold my one million shares at $0.005, including the 200k shares which I had held for more than three years. Unfortunately, I threw away a gem.  ![]() ![]()
We should always expect the unexpected......Never chase high, but can gamble at very low price......BBs will not give up their loved stock easily......
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papayaface
Supreme |
29-Nov-2016 11:35
Yells: "This is the best time to enter....when everythings uncertain" |
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Looks like a desperate final attempt before the end ...... Good luck
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johnng
Supreme |
29-Nov-2016 11:16
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all the placements can cancel not? MONEY STUCK INSIDE FOR RUBBISH |
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mepkoh
Elite |
29-Nov-2016 11:11
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kenna blue black n suspended... good news for isr.. bad decision for consultant to be embroiled in pnd
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Practicalist
Member |
29-Nov-2016 11:02
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ISR also appoints mining expert, Chen Tong as executive chairman http://en.acnnewswire.com/press-release/english/33582/sgx-listed-isr-capital-re-designates-mining-expert-mr-chen-tong-as-executive-chairman |
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dragon123
Senior |
29-Nov-2016 10:37
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ISR was suspended by SGX due to that it need more time to prepare the replies to SGX' s queries. Wonder what will happen if the suspsention is lifted  after SGX is satisfied with ISR' s replies to the queries......      EXTENSION OF TIME TO RESPOND TO QUERIES BY SGX ON THE AL MAYNARD VALUATION REPORT The Board of Directors (the " Board" ) of ISR Capital Limited (the " Company" ) refers to the queries raised by SGX on the valuation report issued by Al Maynard & Associates Pty Ltd that were uploaded via SGXNET on 21 November 2016 at 3:50 p.m. (the " SGX Queries" ) and the Company&rsquo s previous announcement on 23 November 2016 in relation to the extension of time to respond to the SGX Queries. 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.   By Order of the Board ISR Capital Limited Quah Su-Yin Chief Executive Officer and Executive Director 28 November 2016  
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johnnywalker
Senior |
28-Nov-2016 17:56
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Naked short after T+9, penalty is $5000 for each day of overdue contract. Go do your sums if it' s suspended for 3 months! |
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buysellbuysell
Master |
28-Nov-2016 12:59
Yells: "someone please sell down low so that others can buy low" |
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More like scammer going to jail😆 😆 😆 😆 😆 😆 probably rather than bb.
ISR capital or ex Asiasons going to become sub pennies again..... then what's next? MTP again ah?😆 😆 😆 😆 😆 😆
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