W Corp   

Contel Corp

Good show.   At least shareholders could feel better. Hope my crystal ball is working well today.   8 cents and above to come!!

mlfbac      ( Date: 09-Apr-2013 11:42) Posted: Just found time to go thru. Tranche One notes is more or less confirmed which is $5,000,000. So no worries on the company as a going concern. Over reacted knee jerk reaction to the auditors announcement. Its now slowly moving back up.   clonevil      ( Date: 09-Apr-2013 11:12) Posted: " The board of directors (the “Board”) of Contel Corporation Limited (the “Company”) together with its subsidiaries, the “Group”) wishes to announce that the Company has today entered into a conditional subscription agreement (the “Subscription Agreement”) with Advance Opportunities Fund (the " Subscriber" ) and Advance Capital Partners Limited (" ACP" ) as the investment manager of the Subscriber, pursuant to which the Company proposes to issue to the Subscriber 0% equity linked redeemable structured convertible notes due 2016..." " Mr. Tan Choon Wee (“TCW”), an executive director and deputy chairman of the Company, is also the sole director and shareholder of the Subscriber and ACP. Accordingly, TCW constitutes an interested person for the purpose of Rule 904(4) of the listing manual of SGX-ST (“Listing Manual”), rendering the Proposed Issue an “interested person transaction” pursuant to Chapter 9 of the Listing Manual." http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3EE663858177DF6148257B2700302A16/$file/Contel_ELN_Announcement_8March2013.pdf?openelement

 

He sold his contra trade already with 5 figure lost and you say cheer up???

Said before, he as market indicator is the best... he buy/you sell.... he sell/you buy.

Ya... Jia You

ballball      ( Date: 09-Apr-2013 11:40) Posted: Terencee cheer up, Contel jia you! Terencee cheer up, Contel jia you! Terencee cheer up, Contel jia you!

 

can break resistance of 72?

 

 

Bro.. dun overstretch yourself.

Lobang shares will always appear. Not advisable to mau Contel like its only once in a lifetime opportunity.

Take care.

terencee      ( Date: 09-Apr-2013 11:17) Posted: Its indeed the worst time to sell now. Cos it gives the shorters a chance to cover. Sooner or later the shorters wont have anyone selling lots to them at low price. They will have to buy up.  Shorters this time are very united. We as 'investors' have already stretched our limits.   srichipan      ( Date: 09-Apr-2013 11:12) Posted: If anyone rem. Blumont when it's at 29 range got sold down to 18. Many gurus at that time was talking about it was super overvalued , the chart looks scary etc. within 1 month it climbed all the way to 40. Most ppl say things on a hindsight. Personally I really feel its a worst time to sell now. Maybe coz I vested small.

 

seemed like it goes up and comes down slowly. Hope this morning sellers panic when they saw the small run up and quickly buy back

mlfbac      ( Date: 09-Apr-2013 11:42) Posted: Just found time to go thru. Tranche One notes is more or less confirmed which is $5,000,000. So no worries on the company as a going concern. Over reacted knee jerk reaction to the auditors announcement. Its now slowly moving back up.   clonevil      ( Date: 09-Apr-2013 11:12) Posted: " The board of directors (the “Board”) of Contel Corporation Limited (the “Company”) together with its subsidiaries, the “Group”) wishes to announce that the Company has today entered into a conditional subscription agreement (the “Subscription Agreement”) with Advance Opportunities Fund (the " Subscriber" ) and Advance Capital Partners Limited (" ACP" ) as the investment manager of the Subscriber, pursuant to which the Company proposes to issue to the Subscriber 0% equity linked redeemable structured convertible notes due 2016..." " Mr. Tan Choon Wee (“TCW”), an executive director and deputy chairman of the Company, is also the sole director and shareholder of the Subscriber and ACP. Accordingly, TCW constitutes an interested person for the purpose of Rule 904(4) of the listing manual of SGX-ST (“Listing Manual”), rendering the Proposed Issue an “interested person transaction” pursuant to Chapter 9 of the Listing Manual." http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3EE663858177DF6148257B2700302A16/$file/Contel_ELN_Announcement_8March2013.pdf?openelement

 

Just found time to go thru.

Tranche One notes is more or less confirmed which is $5,000,000.

So no worries on the company as a going concern.

Over reacted knee jerk reaction to the auditors announcement.

Its now slowly moving back up.

 

clonevil      ( Date: 09-Apr-2013 11:12) Posted: " The board of directors (the “Board”) of Contel Corporation Limited (the “Company”) together with its subsidiaries, the “Group”) wishes to announce that the Company has today entered into a conditional subscription agreement (the “Subscription Agreement”) with Advance Opportunities Fund (the " Subscriber" ) and Advance Capital Partners Limited (" ACP" ) as the investment manager of the Subscriber, pursuant to which the Company proposes to issue to the Subscriber 0% equity linked redeemable structured convertible notes due 2016..." " Mr. Tan Choon Wee (“TCW”), an executive director and deputy chairman of the Company, is also the sole director and shareholder of the Subscriber and ACP. Accordingly, TCW constitutes an interested person for the purpose of Rule 904(4) of the listing manual of SGX-ST (“Listing Manual”), rendering the Proposed Issue an “interested person transaction” pursuant to Chapter 9 of the Listing Manual." http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3EE663858177DF6148257B2700302A16/$file/Contel_ELN_Announcement_8March2013.pdf?openelement  Bopanha      ( Date: 09-Apr-2013 10:46) Posted: I will try to trace the news, if not mistaken it was contained in an SGX announcement concerning Mr. Tan CW being a subscriber (interested party and independent director) to the bond for $50 million for Contel

 

I believe more to come. we will mati XO

gelu2279      ( Date: 09-Apr-2013 11:40) Posted: so any brudders believe panic selling is over? after today admittedly contel very hard to hit back yest range of 87, seems like a wake up call from auditor even though information is not new at all.. p& l expense  reclassification    + an additional opinion about going concern that I felt 'duh' after reading   contel rising now @ 71... buy vol seem consistently high

 

so any brudders believe panic selling is over?

after today admittedly contel very hard to hit back yest range of 87, seems like a wake up call from auditor even though information is not new at all.. p& l expense  reclassification    + an additional opinion about going concern that I felt 'duh' after reading

 

contel rising now @ 71... buy vol seem consistently high 

 

Terencee cheer up, Contel jia you!

Terencee cheer up, Contel jia you!

Terencee cheer up, Contel jia you!

 

shortist gonna burn their fingers. tmd.

Bopanha      ( Date: 09-Apr-2013 11:36) Posted: If it can break through this morning opening price of 7.2 cents, it could go back above 8 cents.   My crystal ball says so. Lol..

 

If it can break through this morning opening price of 7.2 cents, it could go back above 8 cents.   My crystal ball says so. Lol..

 

So long it is not inside SGX watchlist it still have hope.

Trade with care.

 

Thanks clonevil (what a nick), you save me the time to go searching. I don't have to look for it now.   Huat arg!! Cheers!!

clonevil      ( Date: 09-Apr-2013 11:12) Posted: " The board of directors (the “Board”) of Contel Corporation Limited (the “Company”) together with its subsidiaries, the “Group”) wishes to announce that the Company has today entered into a conditional subscription agreement (the “Subscription Agreement”) with Advance Opportunities Fund (the " Subscriber" ) and Advance Capital Partners Limited (" ACP" ) as the investment manager of the Subscriber, pursuant to which the Company proposes to issue to the Subscriber 0% equity linked redeemable structured convertible notes due 2016..." " Mr. Tan Choon Wee (“TCW”), an executive director and deputy chairman of the Company, is also the sole director and shareholder of the Subscriber and ACP. Accordingly, TCW constitutes an interested person for the purpose of Rule 904(4) of the listing manual of SGX-ST (“Listing Manual”), rendering the Proposed Issue an “interested person transaction” pursuant to Chapter 9 of the Listing Manual." http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3EE663858177DF6148257B2700302A16/$file/Contel_ELN_Announcement_8March2013.pdf?openelement  Bopanha      ( Date: 09-Apr-2013 10:46) Posted: I will try to trace the news, if not mistaken it was contained in an SGX announcement concerning Mr. Tan CW being a subscriber (interested party and independent director) to the bond for $50 million for Contel

 

Its indeed the worst time to sell now. Cos it gives the shorters a chance to cover. Sooner or later the shorters wont have anyone selling lots to them at low price. They will have to buy up. 

Shorters this time are very united. We as 'investors' have already stretched our limits.  

srichipan      ( Date: 09-Apr-2013 11:12) Posted: If anyone rem. Blumont when it's at 29 range got sold down to 18. Many gurus at that time was talking about it was super overvalued , the chart looks scary etc. within 1 month it climbed all the way to 40. Most ppl say things on a hindsight. Personally I really feel its a worst time to sell now. Maybe coz I vested small.

 

If anyone rem. Blumont when it's at 29 range got sold down to 18. Many gurus at that time was talking about it was super overvalued , the chart looks scary etc. within 1 month it climbed all the way to 40.

Most ppl say things on a hindsight. Personally I really feel its a worst time to sell now. Maybe coz I vested small.

 

" The board of directors (the “Board”) of Contel Corporation Limited (the “Company”) together with its subsidiaries, the “Group”) wishes to announce that the Company has today entered into a conditional subscription agreement (the “Subscription Agreement”) with Advance Opportunities Fund (the " Subscriber" ) and Advance Capital Partners Limited (" ACP" ) as the investment manager of the Subscriber, pursuant to which the Company proposes to issue to the Subscriber 0% equity linked redeemable structured convertible notes due 2016..."

" Mr. Tan Choon Wee (“TCW”), an executive director and deputy chairman of the Company, is also the sole director and shareholder of the Subscriber and ACP. Accordingly, TCW constitutes an interested person for the purpose of Rule 904(4) of the listing manual of SGX-ST (“Listing Manual”), rendering the Proposed Issue an “interested person transaction” pursuant to Chapter 9 of the Listing Manual."

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3EE663858177DF6148257B2700302A16/$file/Contel_ELN_Announcement_8March2013.pdf?openelement 

Bopanha      ( Date: 09-Apr-2013 10:46) Posted: I will try to trace the news, if not mistaken it was contained in an SGX announcement concerning Mr. Tan CW being a subscriber (interested party and independent director) to the bond for $50 million for Contel. iluvboost      ( Date: 09-Apr-2013 10:40) Posted: which director will put 50million?  this stock is run by the big boys, purely speculative. such news are to shake retailers. flush down. personally im not sure whether it will climb to its original 2 heights.

 

LOL yea.. Not looking already, just TCSS in here only.

ballball      ( Date: 09-Apr-2013 11:06) Posted: Bro Terencee, dun stare at the monitor.  Go for a RUN. You will feel better!!!

 

Bro Terencee, dun stare at the monitor. 

Go for a RUN. You will feel better!!! 

 

Ya.. The red can make one go mad and do unreasonable stuffs.

mlfbac      ( Date: 09-Apr-2013 10:58) Posted: Not an easy phase currently. Be strong and calm. Take care to all vested.

 

The milestones are there.   After acquisition of Yuuzoo, it could lead to the next big thing.   Huat arg!!!

mlfbac      ( Date: 09-Apr-2013 10:58) Posted: Not an easy phase currently. Be strong and calm. Take care to all vested.