| Latest Forum Topics / Reenova Investment |
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ISR resume trading on March 6
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HappyInvestor22
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12-Apr-2017 18:50
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Chen Tong has just released files related to AGM and future businesses.
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Wind22i
Supreme |
12-Apr-2017 18:41
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To capture that moment: at that time the share was way above 8.5c and coupled with news of madagascar worth $1b...and can subscribe at discount price of 8.5c...so a lot of these "smart" ppl had never dreamt it can go to zero also..
I guess they dont know behind there got bigger croc and sharks than them
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Wind22i
Supreme |
12-Apr-2017 18:29
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Isr need john soh..
But now that fella in jail ? |
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ticktock
Master |
12-Apr-2017 17:15
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Thats why there was no second tranche buy despite the price reaching this low, can easily bring the average down to 4.5 cents level but then who thinks this will ever even go to 4.5 cents again so why lose more money?
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zillion
Master |
12-Apr-2017 16:13
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private placement at 8.5cts, now losing their pants  a paper loss of over $12m. yet still so calm. need deep pockets  eg Zindarion. |
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mepkoh
Elite |
12-Apr-2017 11:17
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ISR.. DIRECTORS ..ONE BY ONE JUMPING SHIP... THIS IS REALLY BAD SITUATIONS.. |
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ticktock
Master |
12-Apr-2017 10:42
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Not sure how you say ended........$35 million in 7 tranches of $5 million each at .004 per share equals 1.2 billion shares in each tranche,each tranche divided into 5 sub tranches of $1million which is 250 million shares in each sub tranche.Currently in the process of converting tranche 2 so millions more share to come.  Ideally I think they should stop this toxic financing at the cost of existing retail holders and new buyers and look for further financing from other avenues, if the Madagascar deal is real and they have good plan a better investor can come but the Madagascar deal is still a mystery.
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HappyInvestor22
Member |
12-Apr-2017 09:20
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If Tranche 2 CB has ended, we could be seeing some move up. :) | ||||
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HappyInvestor22
Member |
12-Apr-2017 09:16
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Hopefully! However, i do feel that Chen Tong will have new terms instead of the old ones for acquiring Madagascar. Since the old management team is gone and now is a different ball game.
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dyingcat
Veteran |
11-Apr-2017 20:52
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If the Madagascar deal is still on, then we have hope, as they'll issue 400m share at $0.10 to the seller. Hope it is not a scam.
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HappyInvestor22
Member |
11-Apr-2017 20:32
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According to Chen Tong's update on 30 Mar, if up to 2nd tranche can enable the Company's operation for the next 12 months. Then, things should be picking up as there is funds available to function ISR.
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dyingcat
Veteran |
11-Apr-2017 19:14
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This one is different from those. I believe it will bounce up before next tranche. Just think why VC didn't convert and dump at 0.3x.
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ticktock
Master |
11-Apr-2017 19:02
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Two days no conversion shares is no need to be happy la..did the price go up?think cunning offloadig at .005-.006 happening, $5 million worth big ocean of cheap cheap shares being offladed, refer to the similar company charts that have been mentioned here again and again you will see once they reach floor never rise.   |
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HappyInvestor22
Member |
11-Apr-2017 19:01
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In his update to shareholders on 30 March, he mentioned,
"The Board of Directors is of the opinion that the issuance of Tranche 2 convertible
redeemable bonds should enable the Company and the Group to continue operating as a
going concern for the next 12 months."
Is one right to assume the convertie bonds will stop at Tranche 2 for the time being?
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dyingcat
Veteran |
11-Apr-2017 18:40
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No share conversion for these two days. Good sign. Pump up anytime b4 next tranche. | ||||
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dragon123
Senior |
11-Apr-2017 10:29
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静 待 咸 鱼 翻 身 . History always repeats. Just wait and watch the coming show...... |
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ticktock
Master |
11-Apr-2017 08:16
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Sorry i do not see that yet, please let me know where did Chen Tong or Lee Shao release any transparent announcement, transparent would be to atleast provide answers to the SGX queries that came right before suspension, that will give clear indication about where ISR is heading. All trash companies keep giving "hope" till the very end but the ones that survive provide a clear plan of action on how they will overcome the difficult situation.
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HappyInvestor22
Member |
10-Apr-2017 23:42
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Same sentiments here about this management team. I believe it's a new start with Chen Tong. :) I will be holding on to ISR for a long term despite the backlash.
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Zindarion
Veteran |
10-Apr-2017 22:26
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Whatever John Soh linkage with ISR, I sincerely hope Chen Tong can slowly work his way back and recover from it. Draw a clear line ISR has nothing to do with John Soh and Quah Sisters.
Stock was manipulated due to somebody in charge. All the team members are no longer in and Chen Tong is the boss now. Being transparent and frequency update to share holders are one of the good move which I appreciate so much. You can't get these from Quah Su Yin Their mentality are just pump pump pump and ignore SGX.
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Zindarion
Veteran |
10-Apr-2017 21:46
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John Soh is big fish for Sgx
One of their biggest headache All the link co are having deep sleep. The 3 will be having sleeping pills for longer than you can imagine.
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