horck, PP canceled, this is what i hope for, coming ingenco's share prices may not just guide @ 0.100 high possibility may up -> 0.490 when times come...patience
amoeba: PP cancelled not necessarily a bad thing. I wouldnt want the share base to increase either. meanwhile i would just stay tuned for the subsequent quarters to assess the management ability to turnaround.
Dear all.....u we think any the ace market stock up only due to PP...most of them no PP e.g. Novamsc and Priva also up without PP...why ? Because botg have success to turn profit from negatif to positive... When the financial report become better, impossible can buy with such cheaper pricing...
Agree with the above view that the cancellation of the PP was a good thing. If I'm the new shareholder, I would prefer to buy the shares direct from the market, as it is cheaper than the PP.
The new financial year beginning 1 Apr'15 is considered a fresh year for Wong and Jeff. Basically they inherited a significant operating loss from the previous management if one looks into the prior year financials and the entry point of Wong sometime towards the end of Mar15/beginning Apr15.
Give them a chance to earn our respects for these new mgmt. probably the 2 Q results will be out in end of Nov 15. Only then we judge their capabilities. Cheers.
Refer to comment by Ozzie75: The new financial year beginning 1 Apr'15 is considered a fresh year for Wong and Jeff. Basically they inherited a significant operating loss from the previous management if one looks into the prior year financials and the entry point of Wong sometime towards the end of Mar15/beginning Apr15.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ozzie75
8,772 posts
Posted by ozzie75 > 2015-10-12 22:53 | Report Abuse
i have the impression that you are very bullish about Ingenco?. :)