How come there is no request to suspend the counter while the conference is on? Whether they accpet or not is a different matter. We need a more playing field.
Mr CHIN is trying hard to reduce his sentence but is too late , Bursa's A team hv created a file just for him and many mnay blank papers to be completed ......
KC Loh , agreed , if BIG Chin accept he will need BIGGER Chin to complete the blank papers fr Bursa , BIIG time inside traders and could b disqualify fr companies hse !!!
Cut is too light. It is more like chop chop. This is not the end yet. The warrant is still having a discount. Either the warrant goes up or the mother share comes down somemore. Usually there is a premium on the warrants. It is unlikely for the warrant to go up. It is most probable for the mother share to come down to say 18 sen while the son is at 9 sen (for a 1 sen premium) Just my observation. Well anything can happen in this Ta Bersih Land.
Ps invest in good fundamental and good div co,never put ur hard earn money into this goreng..penny stocks,not only finger get burn,will die kao kao lak..
My god Malaysia Day sale is on so early. Bursa is in a sea of red. Blood oozing everywhere. Nowhere to hide except HOPE. God bless everybody. We need a lot of it.
tht means, thanks for pushing up the price so tht i can make a lot of money and no thanks, i wont sell the share so that i can buy back the share i sold at a cheap price later...
Dont think BIG Chin got alot of option but to say Thks and no thks , otherwise his blood stain is more apparent and his final page of blank paper could be all in RED for Bursa ....
From Star Alert - Ingens substantial shareholder says he's not selling his stake to Ninetology. That means the `restricted offer' will not go through since Ninetology had said ALL the substantial shareholders must sell... which only strengthens the belief of many that this is just a CON JOB by the parties involved. Many have been burnt; the authorities must take action against these market manipulators!
He cannot sells now otherwise got himself in trouble with SC. same goes with his gang of 4. Interesting situation in the 2nd half after the facts get total digested. lau sia this time if not get out soon.
sad to say, most ace counters are just selling papers & dreams. market cap worth hundreds of millions but earnings stream at best is paltry few m's or below water. fire the whole chain...... accountants, merchant bankers, lawyers, regulators, jailed these titled personalities......
i think some of us have not burnt enough hell money for the ghost lately at the Ghost festive season and now they are haunting most of us. look foward for full moon on the 8th Lunar month to celebrate mooncake festival which will be brighter provided that v have left our underwear enough to clebrate. hehehe
I have the feeling that those who brought it at .30 above will have to sell soon and this will cause panic selling in 2nd half. Yet you will find ppl buys at .18 whem it breached the tp and get caught again bcos they thing is very cheap already. LOL
As i said b4 those who bought at .48 will have a paper lost by now 27,000 if hold 100K shares or RM135,000 for 500K shares.Maybe this amount is chicken feed for the big buyer. If today breached .18 RM30,000 up in flame and RM150,000 for those holding 500K. Don't kena kau kau. It very viral lah...
Ingenuity shareholder Chin says "thanks, but no thanks" to Ninetonology
Ingenuity Solutions Bhd's substantial shareholder Chin Boon Long is not selling his stake in the company to Ninetology Marketing Sdn Bhd.
He said at a press conference on Wednesday that he was not accepting the offer. "Thanks, but no thanks," he said, in reference to Ninetology's offer.
Chin added he would hold on to his shares for two years. He also said he would seek a board representation.
Ingenuity has attracted trading interest in recent days following events leading to the announcement of a possible takeover of Ingenuity.
Chin had extended an invitation to the media and all shareholders of Ingenuity, 1 Utopia Bhd as well as other concerned stakeholders to clear the air. Chin is also the managing director of 1 Utopia.
Last Thursday, Ninetology announced at a press conference that it had "ready funds" to take over Ingenuity, also a tech firm which made a net profit of RM3.2mil in its latest quarter.
Ninetology had offered to acquire a 39.44% stake in the company at 55 sen per share and if the deal goes through, this would trigger a mandatory general offer to acquire all the remaining shares Ninetology has not already owned in Ingenuity.
conspiracy between two parties to spread good news and let all small fishes jump into the trap.usually when the shares 'goreng' to 0.51 they already pull back the net and another 'trick'proposed takeover of the company.we are all fooled by them,better put them to jail.
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307 posts
Posted by hoohaa > 2012-09-05 11:06 | Report Abuse
damn, wish we were there now!