There you got it. Another round. Lets wait for Landasan action. Most likely action will only take place on Monday. Both cannot do simultanously. So be prepared for another round. Biggest question is who is the purchaser. Will it be Chin Boon Chomg? You take a guess. My brain just tell me that it cannot be RC. After flushing all their shares, look forward to Tuesday provided no more sellout. Just watch out and again don't forget to spread this useful message. BTW looks likely one after another Directors cashing out. Hopefully by Monday we shall know who is the real purchaser/new shareholder if really they wanna report to Bursa which is a precedent.
At last all cashed out. New directors with new vision will appear at last. Monday shall be very exciting. If this company transform into oil and gas co. which is what most new shareholders announce when the step in after takeovers, my next prediction guys you are stepping on goldmind. Just be patience and wait for the announcement.
Past experience. hold on. maybe Mahathir, Daim, Najib, Muhyidin son, daughters, grand daughters, grand fathers, grand mothers are the soon to be directors. Start guessing. Only only this question answers every body will rush. Thats what i can say. New TP 0.30 achievable. This is only my free advise and guys start speculating ok.
Guys and galls, Very very tired after doing all this research. Intention is just to assist and own satisfaction. Part of it is also to stop you guys from selling on uncertainty. I also have some but just dont ask how many. Lets us all join hand and see what happen on Monday onward. Wish you all luck on your investment in Ingens and thanks you for all those nice encouragement. Take care and take a good rest and come back with positive mind ok. See Ya.
quoted from Starbiz dated 23th Mar 2012 on 1 utopia MD chin boon long acquire 8.73% ingens shares “He might have sensed some good potential in Ingens or he probably see future synergistic cooperation between 1 Utopia and Ingens.
“ This is because 1 Utopia business revolves around ICT hardware and Ingens specialises in softwares,” said the source without elaborating further on the possibility behind the spike in Ingens share price and trading volume recently.
Jz for sharing. qouted from starbiz dated 23th July 2011: “With the signing of the heads of agreement, we are incorporating Vistavision’s expertise as a distributor in the provision of hardware and its solutions to complete our plan to further expand regionally, especially in vibrant markets such as Thailand, Indonesia and China,” Ingenuity chief executive officer Ahmad Ruslan Zahari told a briefing.
Vistavision, which has about 500 customers consisting of Tier-2 and 3 dealers and retailers, achieved monthly average sales of RM17.5mil in 2010.
It distributes IT hardware such as peripherals, computer accessories and telecommunication products for brands like Acer, Toshiba, MSI and ZTE.
The acquisition is deemed synergistic as Vistavision’s expertise in hardware distribution will complement Ingenuity’s core business in ready-made and customised software.
Its still not clear who pickup the entire share disposed by the former shareholders. I have checked in Bursa Malaysia on any latest announcement. Stated only those who disposed. Bursa will announce the new shareholders when they receive it from either the respective person or from the company itself. If really what stated above take place Utopia and Ingens might work hand in hand with one objective. I have figured it out since yesterday that the purchaser/s do not wish to up the price because he/she is using 11.5 sen as the bargaining price and by 7pm he got all the Directors to disposed theirs stakes 11.5sen. This is the best that I can tendered. We are all anxious to know and just be patience for the next announcement. As mahes10 already posted that the price to go up by monday. Just look forward on the event tomorrow.
As for now Chin Boon Long is the MD for Utopia and now having interest in Ingens. You are right. He tapau all from hardware to solutions which means he want to make make it the largest in this region. In other tomorrow Ingens up Utopia up.
if we only know who is buying in then we can value this ingens.I bet you it must be someone prominent bcos the hospital contract still pending confirmation
any news on why the selling even rumours ok bcos it difficult to read this ctr.weird movement unless the VV sellers hv not stopped selling their shares or is this anything to do with that utopia guy,lots of ????
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rozsham
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Posted by rozsham > 2012-03-23 20:53 | Report Abuse
There you got it. Another round. Lets wait for Landasan action. Most likely action will only take place on Monday. Both cannot do simultanously. So be prepared for another round. Biggest question is who is the purchaser. Will it be Chin Boon Chomg? You take a guess. My brain just tell me that it cannot be RC. After flushing all their shares, look forward to Tuesday provided no more sellout. Just watch out and again don't forget to spread this useful message.
BTW looks likely one after another Directors cashing out. Hopefully by Monday we shall know who is the real purchaser/new shareholder if really they wanna report to Bursa which is a precedent.