I totally agree with emo. ingen overvalued no fundamentals. Announcement recently does not hold. To comfort to hold. The TP for the next week will be RM0.20 - RMo.28 and once it hits the range prepare to beat Bolt in the 100 m race. God bless you who still clinging to the stock.
The igenuity price not mor genuine anymore and the sliding is gaining momentum. Be cautious and not be trapped. god bless those who still confidence in this ingenuity. LOL
Board can allow price to go down , not until after 14 days fr offer !! Otherwise it dilute their negotiation and allow NineT to buy more fr open market , etc etc Think deep ...
richman got the point. by doing it drains out 9t financial resources which can put to other uses unless there is a hidden agenda which people like us are left out.
How many bought at .47 today? They have lost 20% of the capital at .38 If invest for 100K the investor has lost 20K and if the price went down to .34 28k vanished one day. The risk is high. remember T+3 can floor you flat. LOL
They hold so many stock, that why thy bring out many new to sell. They cant sell so fast, coz they hold alot. But its downtrend now. Chart can tell u.. Open high is just strategy, they want retailer join and buy from them. then they can dispose slow. News is fake, chart can tell u, if news was real, price shld go 0.60 by today. penny all tipu one la. Mid cap ok. Remember proton? Now thheavy. Penny, fake story, strategy to sell la.haha
If the takeover of news is true,I think the price will go up to 0.55.The prospect of the company as I read in the Company profile is quite good.To take it in long term investment ,it can be considered as the company starts earning.
If INGENS remain listed then long term prospect is very encouraging and will eventually able to support the current premium price of 0.37 or 0.55 but 4time being it will drop back further, mayb around 0.30 ??? Not convince NineT is serious buyer other than having their market agenda as the primary motive !!! MYR$2 pd up capital to take over MYR 360m ish , good try ............. Well done MR Chin and mayb he hv now pd 4 Virgin Galaxy to tour "moon" , ha ha
Thursdays share action looks more like a frying counter rather than a counter that is being offered for 55 sens per share. After the good news the counter just shoot up and then start to lau sai until close down by 2.5 sen. Cheap cheap chiak lau sai?
the wrts at current price can be seen as safe even if mum falls bad to say 25 cts warrants at 11.5cts add 10cts conversion is 22.5cts discount to the mum
Nokia stills commands the market so are samsung, apple, HTC and Sony (on their own now). What will the impact of ZTC products for Igens? have to think deep b4 really have the lau sai effects letter.LOL
I won't surprise in the nxt few days there will b unexpected announ to stimulate price to beyond 0.55 and UMA again and denial again...Hope not.. it will cause heart attack for some...
hoohaa, managed to offload most of it with small losses but is ok, it was fr my 4 rounds of profit !! Of course it wld be nice if I can made profit on 5th round !! Still holding the rest for 6th round .......... medium term is good unless is taken over by then !!
I am Mr Chin is concerned that Bursa will investigate further on him , could be noted as INSIDE trading and so much hard proof surface for the authority ? How can Mr Chin & his Board colleagues not know and bear in mind, their company is directly or indirectly link to NineT !!!!!!!!
KC see u 2morrow & "minority" gang , at least we can create some 3D effect for the media but maybe Najib might correct us that this is saga can be classify as 1Malaysia hee hee
interesting events Next TP 0.15. Wat will C says of course he accepts the offer so that the market will have faith....today dropped to much and those who hold at .48 will now has paper lost of 22k og 100k shares.Good luck!
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Posted by Chee Poh Tay > 2012-08-30 12:19 | Report Abuse
now ingens still worth to buy?