Posted by paoblocrk > 2013-07-22 10:25 | Report Abuse

currently at Cliq AGM in Saujana Hotel.... nice place with the golf resort

Posted by oldman > 2013-07-22 10:26 | Report Abuse

Looks like possible

Posted by iafx > 2013-07-22 10:26 | Report Abuse

last week hiked ong counters r currently undergoing correction

Posted by oldman > 2013-07-22 10:26 | Report Abuse

..ask Director why on the drop..haha.

Posted by cck321 > 2013-07-22 10:28 | Report Abuse

remember it shot up from 42 sen few days ago?? Big sharks play.

Posted by iafx > 2013-07-22 10:29 | Report Abuse

T3+1

Posted by annie24 > 2013-07-22 10:29 | Report Abuse

i just went in at 46 sen!!! Damn it is dropping...
Shall i cut loss

Posted by amandang > 2013-07-22 10:30 | Report Abuse

haha... big shark games!

Posted by oldman > 2013-07-22 10:30 | Report Abuse

0.45 bought

Posted by pfhong > 2013-07-22 10:31 | Report Abuse

Paoblocrk update us update up..any good news update here, lets we all Huaaatttt here..haha..

Posted by monreyes > 2013-07-22 10:31 | Report Abuse

any updates from the AGM

Posted by chong5126 > 2013-07-22 10:35 | Report Abuse

why inari dun want to drop..........

Posted by cck321 > 2013-07-22 10:38 | Report Abuse

plain simple.. solid as a rock

Posted by hush_puppies > 2013-07-22 10:40 | Report Abuse

Queue-ing at 0.44

Posted by oldman > 2013-07-22 10:41 | Report Abuse

missed q 0.44 dy. going up again

Posted by JIMSENG > 2013-07-22 10:44 | Report Abuse

go go

Posted by paoblocrk > 2013-07-22 10:46 | Report Abuse

hahaha they are still searching for QA ... clue given is about 1 year after listing .. they are "striving" for it as per the industry "farm out" standard.....Consultant fees seemed to be high .. but the chairman say that cliq is better than Sona because they are 2nd early mover... update more live !

Posted by ikantutu > 2013-07-22 10:46 | Report Abuse

i aldy buy 0.445,0.455,4.65 die.... ( but i keep )

Posted by ikantutu > 2013-07-22 10:48 | Report Abuse

soli guy...

Posted by ikantutu > 2013-07-22 10:48 | Report Abuse

t4 selling to heavy...

Posted by oldman > 2013-07-22 10:49 | Report Abuse

AOR

Posted by chong5126 > 2013-07-22 10:53 | Report Abuse

any people know why inari going so fast?

Posted by amandang > 2013-07-22 10:54 | Report Abuse

paoblocrk -thanks for the live update ;)

Posted by chinhoe > 2013-07-22 10:58 | Report Abuse

paoblocrk thanks for the "live" report...keep us updated please

Posted by billionhair > 2013-07-22 10:59 | Report Abuse

Chong, remember Wong said still have 1 announcement pending..

Posted by billionhair > 2013-07-22 10:59 | Report Abuse

Chong, better keep longer. Actual TP may be higher (Wong said 1.2/0.82 soon)

Posted by chinhoe > 2013-07-22 11:00 | Report Abuse

tutu, no fault of yours...

Posted by chong5126 > 2013-07-22 11:00 | Report Abuse

hair;that is change to main board.last announcement.

Posted by kkchong > 2013-07-22 11:00 | Report Abuse

it is normal for the stock to move up & down. Especially when ppl speculating C-wa the day will come. I will still keep it like Tutu

Posted by jjoker > 2013-07-22 11:00 | Report Abuse

Bought Inari last friday...
:)

Posted by paoblocrk > 2013-07-22 11:01 | Report Abuse

Yea nothing much .... everybody trying to probe when is the EGM and the QA going to be but none being disclosed. Anyway, according to reuters, 90% of SPACs failed badly.( Refer to the extract behind. ) I wonder what Cliq has that can make a difference.



"In the United States, there is a long line of examples where such companies failed to make an acquisition and were forced to delist. Even those that did make a deal, on the whole, have not historically performed well.

U.S. SPACs that declined since completing acquisitions include 57th Street General Acquisition Corp, down nearly 80 percent from its IPO, Jaguar Acquisition Corporation , down 97.5 percent, and Ideation Acquisition Corp , down 83 percent.

Lewellen's research showed that U.S. SPACs with completed acquisitions between 2003 and 2008 posted negative returns in excess of 36.5 percent a year.

In another study, only half of all SPACs launched in the United States in the last 10 years have completed an actual acquisition, and have posted negative annual returns of 18.6 percent on average, according to figures from research firm SPAC Analytics.

According to Thomson Reuters data, 247 SPAC IPOs have raised $27.7 billion since 2003 in countries including the United States, Britain, the Netherlands and Germany.

Hedge funds and other institutional investors make up most of the buyers of U.S. SPACs, according to the data. That only adds to the challenge of them catching on in Asia, where markets such as Malaysia, South Korea and Greater China are driven heavily by retail investors.

Most of the SPAC listings took place during the boom years in capital markets, with issuance peaking in 2007 at $10.9 billion from 82 offerings.

"SPACs were popular in the U.S. and now are sort of dead," said an equity capital markets banker in Hong Kong, who was not authorised to speak publicly on the matter. "I'm very sceptical on SPACs. It's risky, it's illiquid. It's a very difficult product to become mainstream."

But not all shell companies are equal.

Southeast Asia's first listed SPAC - Hibiscus Petroleum Bhd - has doubled since listing in Kuala Lumpur in July 2011. Hibiscus is now an oil and gas exploration firm after making acquisitions in the Middle East and Norway.

KOREAN LESSON

The structure of SPACs is similar in most countries, with about 90 percent of the IPO funds held in a trust until a takeover target is found. Because the IPO proceeds are invested in government bonds or money market funds until the SPAC makes an acquisition, returns should mirror those of a fixed-income fund - but that has not always been the case.

After a spurt of listings and a surge in prices in 2010, SPAC issuance in South Korea ground to a halt as prices crashed and companies delisted. Daewoo Securities Green Korea SPAC and Mirae Asset No. 1 SPAC, the first two listed, were among companies that surfed on the retail investor frenzy and nearly doubled in price within weeks of their IPOs.

"

Posted by annie24 > 2013-07-22 11:01 | Report Abuse

no worries tutu :)

Posted by billionhair > 2013-07-22 11:02 | Report Abuse

paoblocrk, where u get this extract ?

Posted by billionhair > 2013-07-22 11:02 | Report Abuse

reuter ?

Posted by ktrader > 2013-07-22 11:03 | Report Abuse

wows...got live reporting.....huuuwaaaa....thumbs up pao.....

Posted by billionhair > 2013-07-22 11:03 | Report Abuse

Chong5125, no, Wong refer to another announcement after the annoucement "transfer to Main Board", he said pending release

Posted by chong5126 > 2013-07-22 11:16 | Report Abuse

when is the announcement?but inari still in ACE market.not go to main board yet.i just guess the next announcement is inari change to main board.

Posted by paoblocrk > 2013-07-22 11:16 | Report Abuse

http://www.reuters.com/article/2013/04/14/malaysia-spacs-idUSL3N0CS1NA20130414

Posted by ikantutu > 2013-07-22 11:17 | Report Abuse

look c look c 5232

Posted by ikantutu > 2013-07-22 11:18 | Report Abuse

5232.....

Posted by paoblocrk > 2013-07-22 11:21 | Report Abuse

Hm... now shareholder is arguing on fair value accounting on the warrants and mother share with the auditors... Some claim the mother share should worth at least 67.5 cents, some claim warrrant cvalue is lower... Funny... the time value of money and the standards on equity portion that will be unchanged after issuance just make people confused with what is the value of warrant reserve and share capital.

Posted by oldman > 2013-07-22 11:28 | Report Abuse

thinks price will be stablised soon

Posted by oldman > 2013-07-22 11:29 | Report Abuse

Just wait for the EGM to come. After all..there is still a SONA shield behind us for SPACs.

Posted by ikantutu > 2013-07-22 11:45 | Report Abuse

Cliq AGM finish???

Posted by oldman > 2013-07-22 11:47 | Report Abuse

Bye for now. Will need to wait for real QA hopefully by end of the year to unlock $$. Best of luck to all.

Posted by oldman > 2013-07-22 11:48 | Report Abuse

and thanks tutu.

Posted by cck321 > 2013-07-22 11:56 | Report Abuse

5232 new share listing...

Posted by cck321 > 2013-07-22 12:00 | Report Abuse

US report not good for spac counters and sona...... immediate reaction.

Posted by asam51 > 2013-07-22 12:30 | Report Abuse

I was hinted they are on track??

Posted by ikantutu > 2013-07-22 12:31 | Report Abuse

my so sad!!!! i shear every month i buy..... till going up...