Ingenuity Consolidated sees 3.04% stake traded off-market
By Chen Shaua Fui / theedgemarkets.com | September 8, 2015 : 7:41 PM MYT
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KUALA LUMPUR (Sept 8): Ingenuity Consolidated Bhd ( Valuation: 0.90, Fundamental: 0.95) saw a block of 29 million of its shares traded off-market today, representing a 3.04% stake in the company.
The block of shares was traded at 10 sen per share, amounting to RM2.9 million.
The company is involved in information and communication technology (ICT) hardware distribution and system integration and services.
Ingenuity Consolidated traded unchanged at 6 sen for a market capitalisation of RM57.20 million.
In its latest quarter, the company saw its net loss widen to RM2.81 million from RM2.44 million on the back of declined revenue of RM49.01 million from RM93.58 million.
ozzie75 & horck, thank you for the quick response. From my own opinion, this is a counter I can keep for long term. An investor would not be so stupid to buy at a price much higher than the market price if he does not trust the people running the Co.
horck, not applicable to all...mine investments in `asia media' from 9 cents -> 2 cents, `saag' from 37 cents -> masuk longkang. why ? becoz. of sabar... but hope ingenuity 2 black horse wong eng su & jeff chong can workout something not to disappoint us. i'll keep on sabar...
Play stock market is like invest or business into one business. Now we are business into ICT aand internet business....only different is now we business into bursa malaysia stock company with appoint other people to do business. When company profit, we can sell the stock at bursa malaysia at open market....now the most important is the business....
I trust ingenco because ingenco have variaty of business....brand selling, tranportation web pages service, internet service, hardware service..... compare to other companyl like utopia, ingenco more better.... only before is management matters .....nos new manageemnt with experience, i believe it can change from loss to profit....only need is timing
horck, 90% of share market small investors in china `jatuh longkang' because of `tan ku ku' / `wait long long'. play save, gor for `CHINA50 C7, C8 & C9' cipat masuk, cipat keluar, cipat kaya...
China 50 and others not suitable me...all is warrant or call warants.... I want is business....indirect invovle into business that i cannot involve directly.....
" On behalf of Ingenuity, TA Securities wishes to announce that Bursa Securities has granted the Company a further extension of time of six (6) months from 19 March 2015 until 18 September 2015 to complete the implementation of the Private Placement. " high volume because of the private placement due soon?
" On behalf of Ingenuity, TA Securities wishes to announce that the Board has on 5 February 2015 (“Price-fixing Date”) fixed the issue price for the placement of 80,000,000 Placement Shares at RM0.10 per Placement Share (“Issue Price”). " Private placement 0.10 per share?? i try to dig out from old announcement, can shed some light on this?
elp25 " On behalf of Ingenuity, TA Securities wishes to announce that Bursa Securities has granted the Company a further extension of time of six (6) months from 19 March 2015 until 18 September 2015 to complete the implementation of the Private Placement. " high volume because of the private placement due soon?
Hi Elp25, I am still new, do mind to explain it in a layman term ? thanks
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ozzie75
8,772 posts
Posted by ozzie75 > 2015-09-09 16:24 | Report Abuse
@Corinna:
http://www.theedgemarkets.com/my/article/ingenuity-consolidated-sees-304-stake-traded-market