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How i see it is... the announcement is going to favour yuuzoo alot. that's why they must remind u there contel is chui. but see... how chui ah, the prices are also at this range. so how chui can it be? now this is a test for those who can hold, hold until announcement. meanwhile i hope no missle or what fk.
 
 
chupopo ( Date: 09-Apr-2013 10:17) Posted:
Auditor is just to audit and look and state the current company financial statement. they will say what is current in the books only. Not talking on future plans or strategies of the company they may help to bring the company to another level.
its possibly true that contel is not in good shape. which what makes the RTO feasible. Both needs each other to scratch their backs.
Just thinking aloud niah.... 
srichipan ( Date: 09-Apr-2013 09:50) Posted:
That why I said the whole
announcement is just weird. It makes the auditor look very ignorant. Anyway he just reminded everyone about contel bad financial position. However if the RTO goes thru the situation will be very different. And evidences are pointing towards RTO now |
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Losses runs into 5 figures for many.   There are two options open.   Keep under the pillow (abt $100K) and wait for RTO or a year later when you could see the money grow back in between bullishness.   Alternatively bite the bullet and sell losing $10 to $15K, completely or keep half for future.   My thinking is this way,   if you are stuck here.
ballball ( Date: 09-Apr-2013 10:04) Posted:
Bro Terencee, I hope u are fine. God Bless You! |
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u guys are consoling among urself.. -_-
hopefully u are right..
Auditor is just to audit and look and state the current company financial statement. they will say what is current in the books only. Not talking on future plans or strategies of the company they may help to bring the company to another level.
its possibly true that contel is not in good shape. which what makes the RTO feasible. Both needs each other to scratch their backs.
Just thinking aloud niah.... 
srichipan ( Date: 09-Apr-2013 09:50) Posted:
That why I said the whole
announcement is just weird. It makes the auditor look very ignorant. Anyway he just reminded everyone about contel bad financial position. However if the RTO goes thru the situation will be very different. And evidences are pointing towards RTO now |
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Thanks bro ballball.. Just a little bit stress sitting on 5 digit losses these few days. But life still goes on. my contra lots just cut loss. The rest keep under pillow already. Not gonna look at this. Hopefully RTO will push price back. Everything will be as usual. 
 
 
ballball ( Date: 09-Apr-2013 10:04) Posted:
Bro Terencee, I hope u are fine. God Bless You! |
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All longists kenna hit today.   Bluddy BBs syndicates laughing to the banks.   The only chance is for some competitors of Yuuzoo to buy Contel as an insurance because if RTO is successful, at least they can have some say.   Hehehe. Cheers!!. 
ballball ( Date: 09-Apr-2013 10:04) Posted:
Bro Terencee, I hope u are fine. God Bless You! |
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Bro Terencee, I hope u are fine. God Bless You!
today is the flush down 
iluvboost ( Date: 09-Apr-2013 09:42) Posted:
yesterday i already say the auditors thing is a big deal. people dont believe.
Bopanha ( Date: 09-Apr-2013 09:37) Posted:
It is just a standard report. All auditors will write this format as required by law. It is just a way of covering backside for no practical purposes |
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I still think Contel will go through the RTO. 
 
This is the life saver if anyone forgotten.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3EE663858177DF6148257B2700302A16/$file/Contel_ELN_Announcement_8March2013.pdf?openelement 
That why I said the whole
announcement is just weird. It makes the auditor look very ignorant. Anyway he just reminded everyone about contel bad financial position. However if the RTO goes thru the situation will be very different. And evidences are pointing towards RTO now
I do expect many people to buy back, and with some big buying it could return back above 8 cents for a small loss.   Fingers crossed.
terencee ( Date: 09-Apr-2013 09:45) Posted:
The unaudited report was released on 1 March 2013. That was when Contel dip also. However Contel ran back up after 2 weeks of sell down. 
 
This time the audited report was slightly better than the last but still faces same issues though. Why the sell down again after it as ran up ? Perhaps someone collecting low or shorts taking advantage.
 
Now anything can happen to Contel. If BB no come in buy up soon, Contel might go down later in the 2nd half of trading. There's lots of panic selling but there is still a damn small group of people buying. Perhaps speculations like me I guess. 
ken_boy ( Date: 09-Apr-2013 09:40) Posted:
Bro hope the amount u stuck is still not too bad. Anyway the audit report is not really something new, if one has been following this counter should know. Wonder how come the sudden plunge or are shortists just taking advantage of this news |
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Would say much information on Contel has been very open and players should understand. Last year, even without any news it was already very speculative.
iluvboost ( Date: 09-Apr-2013 09:42) Posted:
yesterday i already say the auditors thing is a big deal. people dont believe.
Bopanha ( Date: 09-Apr-2013 09:37) Posted:
It is just a standard report. All auditors will write this format as required by law. It is just a way of covering backside for no practical purposes |
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The unaudited report was released on 1 March 2013. That was when Contel dip also. However Contel ran back up after 2 weeks of sell down. 
 
This time the audited report was slightly better than the last but still faces same issues though. Why the sell down again after it as ran up ? Perhaps someone collecting low or shorts taking advantage.
 
Now anything can happen to Contel. If BB no come in buy up soon, Contel might go down later in the 2nd half of trading. There's lots of panic selling but there is still a damn small group of people buying. Perhaps speculations like me I guess. 
ken_boy ( Date: 09-Apr-2013 09:40) Posted:
Bro hope the amount u stuck is still not too bad. Anyway the audit report is not really something new, if one has been following this counter should know. Wonder how come the sudden plunge or are shortists just taking advantage of this news?
Huatahearnmoney ( Date: 09-Apr-2013 09:29) Posted:
My ballz went missing. lol 1k lot, stuck high up. didnt sell during profit and loaded up more.
My mum (the bb) is correct. CB. always listen to your lao bu. tmd. |
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And I still remembered he saying the stock will " SPRING" ..... Now it is good to see who is the spring jumping up and down.
iluvboost ( Date: 09-Apr-2013 09:42) Posted:
yesterday i already say the auditors thing is a big deal. people dont believe.
Bopanha ( Date: 09-Apr-2013 09:37) Posted:
It is just a standard report. All auditors will write this format as required by law. It is just a way of covering backside for no practical purposes |
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It always good to have people like you in the forum... We take you guys comments as mess market mentalily indicators. Always a perfect guide for us traders.
 
terencee ( Date: 09-Apr-2013 07:36) Posted:
cos you all dun believe contel will go up. If you guys entered that day, T+5 also haven't up. Wait and see lo.. 
 
Nv ask you buy. Just ask you to wait and see. 
Ryuuenji ( Date: 09-Apr-2013 02:16) Posted:
I really love that statement... washing away your sin... just love bamboo blowing statements from this guy
" Those
who didn't enter, you guys should have entered during sell down just
now at 83-86. That's a good price. My previous batch also trade around
that range and sold in mid 90s"
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yesterday i already say the auditors thing is a big deal. people dont believe.
Bopanha ( Date: 09-Apr-2013 09:37) Posted:
It is just a standard report. All auditors will write this format as required by law. It is just a way of covering backside for no practical purposes.
yummysukiyaki ( Date: 09-Apr-2013 09:22) Posted:
Bopanha....Wah...this type of  report is misleading, ya?  ....Can buy in again soon...Haha |
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Bro hope the amount u stuck is still not too bad. Anyway the audit report is not really something new, if one has been following this counter should know. Wonder how come the sudden plunge or are shortists just taking advantage of this news?
Huatahearnmoney ( Date: 09-Apr-2013 09:29) Posted:
My ballz went missing. lol 1k lot, stuck high up. didnt sell during profit and loaded up more.
My mum (the bb) is correct. CB. always listen to your lao bu. tmd.
kye_lin ( Date: 09-Apr-2013 09:26) Posted:
I admire all the optimism some have with this counter.... balls of steel sia...
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It is just a standard report. All auditors will write this format as required by law. It is just a way of covering backside for no practical purposes.
yummysukiyaki ( Date: 09-Apr-2013 09:22) Posted:
Bopanha....Wah...this type of  report is misleading, ya?  ....Can buy in again soon...Haha |
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That is the beauty of penny stock.Can fly very fast and can also tank very fast.
High risk high gain.
halleluyah ( Date: 09-Apr-2013 09:28) Posted:
Habis liao.....guess will go back to 0.05 range soon....wth the fatt stupid ass hole will make situation worst. |
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Yes sifu, lol.
stockmarketmind ( Date: 09-Apr-2013 09:35) Posted:
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