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ISR resume trading on March 6 Post Reply Rate topic
grateful Senior	02-May-2017 16:32        grateful About Contact  Quote this Post!
x 0   x 0  Alert Admin	last CB conversion was 20 April... company now has S$3m when they commence pilot programme,  company can draw down another $6m  from those placement shareholders who took up the placement last year at $0.085. the executive chairman, Chen Tong, is one of the subscribers Zindarion      ( Date: 02-May-2017 16:17) Posted: Wow 009/010 Slowly moving up, solid and stable No more CBs ah?
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Zindarion Veteran	02-May-2017 16:17        Zindarion About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow 009/010 Slowly moving up, solid and stable No more CBs ah?
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HappyInvestor22 Member	02-May-2017 14:14        HappyInvestor22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well said. :) zillion      ( Date: 02-May-2017 13:56) Posted: every day we scare of seeing the ghost, when the ghost appears it is no longer a surprise. everyday we look out for the 3rd report, when it comes out, all discounted. and get on with funds raising exercises eg rights issues, private placements, etc.
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zillion Master	02-May-2017 13:56        zillion About Contact  Quote this Post!
x 0   x 0  Alert Admin	every day we scare of seeing the ghost, when the ghost appears it is no longer a surprise. everyday we look out for the 3rd report, when it comes out, all discounted. and get on with funds raising exercises eg rights issues, private placements, etc.
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buysellbuysell Master	02-May-2017 13:46        buysellbuysell About Contact  Quote this Post! Style: Flexible   Mood: Yells: "someone please sell down low so that others can buy low"
x 0   x 0  Alert Admin	Dump and dumber😆 😆 😆 😆 😆 😆
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HappyInvestor22 Member	02-May-2017 13:26        HappyInvestor22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Price movement is positive after the AGM.
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grateful Senior	02-May-2017 13:12        grateful About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree that it is still risky, but now that the Executive Chairman has provided a clearer outlook of the  company and the  steps to  be taken for the next few months... why would the SSH be so silly to sell their shares and not wait  for higher price?  No conversion  shares  since 20 April and no logic  to crash the price.  Now not even 1 cent. ticktock      ( Date: 02-May-2017 10:38) Posted: Still very risky,...its gone up a few pips last few days but one round of offloading by SSH or conversion shares can wipe all gains in a short span of time.   grateful      ( Date: 02-May-2017 09:52) Posted: It may be  too early to assume that the acquisition price will still be S$40million for the 60% stake. That price was under the old management and rejected valuation reports, which are likely not valid now. Should wait for the third valuation report to come out. Issue of new shares will be inevitable and actually would be better to have rights issue for all shareholders to participate, than to get diluted through placements. As long as this Madagascar rare earth mine can bring in profits for the company, dilution is not an issue.
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ticktock Master	02-May-2017 10:38        ticktock About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Still very risky,...its gone up a few pips last few days but one round of offloading by SSH or conversion shares can wipe all gains in a short span of time.   grateful      ( Date: 02-May-2017 09:52) Posted: It may be  too early to assume that the acquisition price will still be S$40million for the 60% stake. That price was under the old management and rejected valuation reports, which are likely not valid now. Should wait for the third valuation report to come out. Issue of new shares will be inevitable and actually would be better to have rights issue for all shareholders to participate, than to get diluted through placements. As long as this Madagascar rare earth mine can bring in profits for the company, dilution is not an issue. zillion      ( Date: 01-May-2017 12:43) Posted: I managed to look at the copy of the resolutions to be passed at last Fri' s agm from sgx' s annoucements. There is one bold lettering statement amounting to a very likely renounceable rights issue. Obviously one of the ways to raise funds for the 60% acquisition will include some rights issue in  the future. Previously it was announced of issuing at 0.10 fro S$40m. A further dilution of shares is on the card.
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grateful Senior	02-May-2017 09:52        grateful About Contact  Quote this Post!
x 0   x 0  Alert Admin	It may be  too early to assume that the acquisition price will still be S$40million for the 60% stake. That price was under the old management and rejected valuation reports, which are likely not valid now. Should wait for the third valuation report to come out. Issue of new shares will be inevitable and actually would be better to have rights issue for all shareholders to participate, than to get diluted through placements. As long as this Madagascar rare earth mine can bring in profits for the company, dilution is not an issue. zillion      ( Date: 01-May-2017 12:43) Posted: I managed to look at the copy of the resolutions to be passed at last Fri' s agm from sgx' s annoucements. There is one bold lettering statement amounting to a very likely renounceable rights issue. Obviously one of the ways to raise funds for the 60% acquisition will include some rights issue in  the future. Previously it was announced of issuing at 0.10 fro S$40m. A further dilution of shares is on the card.
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Alvin2042 Master	01-May-2017 13:07        Alvin2042 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Should do a consolidation of 100 to 1 before rights. zillion      ( Date: 01-May-2017 12:43) Posted: I managed to look at the copy of the resolutions to be passed at last Fri' s agm from sgx' s annoucements. There is one bold lettering statement amounting to a very likely renounceable rights issue. Obviously one of the ways to raise funds for the 60% acquisition will include some rights issue in  the future. Previously it was announced of issuing at 0.10 fro S$40m. A further dilution of shares is on the card.
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zillion Master	01-May-2017 12:43        zillion About Contact  Quote this Post!
x 0   x 0  Alert Admin	I managed to look at the copy of the resolutions to be passed at last Fri' s agm from sgx' s annoucements. There is one bold lettering statement amounting to a very likely renounceable rights issue. Obviously one of the ways to raise funds for the 60% acquisition will include some rights issue in  the future. Previously it was announced of issuing at 0.10 fro S$40m. A further dilution of shares is on the card.
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HappyInvestor22 Member	28-Apr-2017 19:21        HappyInvestor22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	For the present and future investors looking forward with ISR Capital, the acquisition of Madagascar has turned to become a matter of time as compared to being thought of it as a possibility only in the past. This signifies a good progression amid the gloomy outlook ISR is going through presently. At least, the conscientious effort placed by ISR in this project has helped to answer one of the many mysteries in ISR - that Madagascar is not a scam.  The management team already appointed a third valuer for the project following consultation and talks with SGX. ISR will adhere strictly to the standards of SGX and Chen is confident of the report being accepted. Taking things one step at a time, there are real profits in the near future once the report is approved. Of course, the costs of pilot production will be another challenge which ISR has to overcome, I believe. Last but not least, Joseph Kwok, the company&rsquo s lead independent director has assured that ISR has enough funds to function as a growing concern for the next 12 months.  At this point, they have raised 3 million and have the option to raise another 2 more million from the second tranche of  CBs, which potentially translates into another 500 million more shares into the market. According to an update on 31 March, they will stop at second tranche. Let' s see how it goes when market opens next week. :)
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ticktock Master	28-Apr-2017 18:32        ticktock About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Agreed, if the third valuation report coming is a positive news after many bumps of negative news. However,   any further dilution will make the slope very slippery to support any rise even for those to buy at this level. So will ISR stop further conversion of shares? Alliance and Blackgold are good examples of less number of shares in market and higher share price. Noble is planning share consolidation as its share price is stuck due to huge no. Of shares floating in the market, good companies who really care about investor sentiments also buy back shares like Chasen but I don' t think ISR is in the position to do that.   Zindarion      ( Date: 28-Apr-2017 17:54) Posted: Wow the edge so positive write up this time Nice HappyInvestor22      ( Date: 28-Apr-2017 16:46) Posted: Poeple, update from CT http://www.theedgemarkets.com.sg/chairman-chen-tong-says-isr-capital-push-ahead-madagascar-acquisition
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dyingcat Veteran	28-Apr-2017 18:25        dyingcat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for sharing. Nobody questioned why VC chose to convert and dump shares only recently when its price was less than a cent. HappyInvestor22      ( Date: 28-Apr-2017 16:46) Posted: Poeple, update from CT http://www.theedgemarkets.com.sg/chairman-chen-tong-says-isr-capital-push-ahead-madagascar-acquisition
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Zindarion Veteran	28-Apr-2017 17:54        Zindarion About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow the edge so positive write up this time Nice HappyInvestor22      ( Date: 28-Apr-2017 16:46) Posted: Poeple, update from CT http://www.theedgemarkets.com.sg/chairman-chen-tong-says-isr-capital-push-ahead-madagascar-acquisition
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HappyInvestor22 Member	28-Apr-2017 16:46        HappyInvestor22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Poeple, update from CT http://www.theedgemarkets.com.sg/chairman-chen-tong-says-isr-capital-push-ahead-madagascar-acquisition
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HappyInvestor22 Member	28-Apr-2017 16:14        HappyInvestor22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ok :) let' s wait and see ba.  ticktock      ( Date: 28-Apr-2017 15:23) Posted: ...:)...i doubt anyone went and good company AGM provide live updates like Sabana, OCBC etc. this on just no hope so no updates. HappyInvestor22      ( Date: 28-Apr-2017 15:18) Posted: Hahaha. I believe you get where am I coming from right? My " Insider Information" certainly implies people who attended AGM who managed to obtain first-hand info from the management team. By the time they share it here, it becomes public liao la. hahaha.
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ticktock Master	28-Apr-2017 15:23        ticktock About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	...:)...i doubt anyone went and good company AGM provide live updates like Sabana, OCBC etc. this on just no hope so no updates. HappyInvestor22      ( Date: 28-Apr-2017 15:18) Posted: Hahaha. I believe you get where am I coming from right? My " Insider Information" certainly implies people who attended AGM who managed to obtain first-hand info from the management team. By the time they share it here, it becomes public liao la. hahaha. ticktock      ( Date: 28-Apr-2017 15:14) Posted: If you get insider information and you trade based on that you will be in jail..:)...do you know that?
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HappyInvestor22 Member	28-Apr-2017 15:18        HappyInvestor22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hahaha. I believe you get where am I coming from right? My " Insider Information" certainly implies people who attended AGM who managed to obtain first-hand info from the management team. By the time they share it here, it becomes public liao la. hahaha. ticktock      ( Date: 28-Apr-2017 15:14) Posted: If you get insider information and you trade based on that you will be in jail..:)...do you know that? HappyInvestor22      ( Date: 28-Apr-2017 15:06) Posted: Still waiting for insider information..  but the volume is driving price up now.
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ticktock Master	28-Apr-2017 15:14        ticktock About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	If you get insider information and you trade based on that you will be in jail..:)...do you know that? HappyInvestor22      ( Date: 28-Apr-2017 15:06) Posted: Still waiting for insider information..  but the volume is driving price up now.  cheng987      ( Date: 28-Apr-2017 14:37) Posted: Good news can Chiong up to 1 cent or 2 .Good luck
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