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Imperium Crown    Last:0.007   -

BIG M&A COMING?

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NoRiskNoGain
    07-Jul-2016 08:18  
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It wont take long becos the qrt result is coming soon

AndyLoss      ( Date: 07-Jul-2016 00:33) Posted:

i think it will take a while before this comes up...

NoRiskNoGain      ( Date: 06-Jul-2016 11:55) Posted:

I have long this baby after it hit my buy price of 72c. Asset play in tokyo and get rid of the director who pay himself millions in salary. Nav ard 12c and cash rich company. Fit my ideal buying of shares. If the next 2 coming qrts giv some div will be icing in the cake. Also i am looking out if they buy any property which will enhance their portfolio. Any views on this


 
 
AndyLoss
    07-Jul-2016 00:33  
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i think it will take a while before this comes up...

NoRiskNoGain      ( Date: 06-Jul-2016 11:55) Posted:

I have long this baby after it hit my buy price of 72c. Asset play in tokyo and get rid of the director who pay himself millions in salary. Nav ard 12c and cash rich company. Fit my ideal buying of shares. If the next 2 coming qrts giv some div will be icing in the cake. Also i am looking out if they buy any property which will enhance their portfolio. Any views on this?

teeth53      ( Date: 06-Jul-2016 10:36) Posted:



After the successful S/EGM. Mr Bay is out. new mgt is in... 

As of last years financial announcemets June 2015.

It investment in properties amounted to S$72.050 millions. 


 
 
NoRiskNoGain
    06-Jul-2016 11:55  
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I have long this baby after it hit my buy price of 72c. Asset play in tokyo and get rid of the director who pay himself millions in salary. Nav ard 12c and cash rich company. Fit my ideal buying of shares. If the next 2 coming qrts giv some div will be icing in the cake. Also i am looking out if they buy any property which will enhance their portfolio. Any views on this?

teeth53      ( Date: 06-Jul-2016 10:36) Posted:



After the successful S/EGM. Mr Bay is out. new mgt is in... 

As of last years financial announcemets June 2015.

It investment in properties amounted to S$72.050 millions. 

 

 
teeth53
    06-Jul-2016 10:36  
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After the successful S/EGM. Mr Bay is out. new mgt is in... 

As of last years financial announcemets June 2015.

It investment in properties amounted to S$72.050 millions. 
 
 
$warrior
    06-Jul-2016 10:09  
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Yup.   and also be patient.

NoRiskNoGain      ( Date: 06-Jul-2016 08:51) Posted:

New management= new direction. Just need to execute the plan properly and the share price will be swee swee

AndyLoss      ( Date: 05-Jul-2016 09:18) Posted:

when r the results coming..


 
 
NoRiskNoGain
    06-Jul-2016 08:51  
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New management= new direction. Just need to execute the plan properly and the share price will be swee swee

AndyLoss      ( Date: 05-Jul-2016 09:18) Posted:

when r the results coming...

teeth53      ( Date: 03-Jul-2016 13:09) Posted:

Imperium Crown financial highlights as of end 30 June 2015. NAV per ordinary share amt to 11.55 cents. So result may sometimes around the corner.

Last done - 0.077. Volume chnaged 8,753,000 mil shares, up + 0.003


 

 
AndyLoss
    05-Jul-2016 09:18  
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when r the results coming...

teeth53      ( Date: 03-Jul-2016 13:09) Posted:

Imperium Crown financial highlights as of end 30 June 2015. NAV per ordinary share amt to 11.55 cents. So result may sometimes around the corner.

Last done - 0.077. Volume chnaged 8,753,000 mil shares, up + 0.003

 
 
teeth53
    03-Jul-2016 13:09  
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Imperium Crown financial highlights as of end 30 June 2015. NAV per ordinary share amt to 11.55 cents. So result may sometimes around the corner.

Last done - 0.077. Volume chnaged 8,753,000 mil shares, up + 0.003
 
 
nah-calcs
    01-Jul-2016 14:30  
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agree - new management should hopefully do better than old management in delivering shareholder value. the new board is appointed by the new investors who bought in 8.4c. have said this before but obviously the new investors will expect the new board brought in to work to increase the shareholder value beyond that and closer to the NTA level.

pool100      ( Date: 01-Jul-2016 11:03) Posted:



Think the dust will settle soon and the new board and stabilize the ship.

Let the bargain hunting begin. At current price it' s deeply undervalued and a no-brainer to collect. The recurring income from the japanese properties are actually quite good. I won' t be surprised when they start announcing dividends later.

 
 
pool100
    01-Jul-2016 11:03  
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Think the dust will settle soon and the new board and stabilize the ship.

Let the bargain hunting begin. At current price it' s deeply undervalued and a no-brainer to collect. The recurring income from the japanese properties are actually quite good. I won' t be surprised when they start announcing dividends later.
 

 
teeth53
    01-Jul-2016 07:24  
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The Board of Directors of Imperium Crown Limited (the &ldquo Company&rdquo ) is pleased to announce the following:-

1) Save for Resolutions 9 and 10 which were dispensed with, all resolutions as set out in the Notice of Extraordinary General Meeting (" EGM" ) dated 7 June 2016 and put to vote by electronic polling were duly passed by the shareholders at &ldquo EGM&rdquo held on 30 June 2016.

2) Results of poll on each resolution as confirmed by Baker Tilly Consultancy (Singapore) Pte. Ltd. and

Tricor Evatthouse Corporate Services, who appointed and acted as scrutineers for the poll at the EGM.

The removal of Mr Bay Cheow Guan David as a Director of the Company with effect from the date of the EGM.

teeth53      ( Date: 21-Jun-2016 09:02) Posted:

NOW. HE WANTED SUBSTANTIAL (SSH) N MAJOR SHARE HOLDERS TO APPOINT HIMSELF AS CEO n Executive Director.

WHAT WILL THE OTHERs SSH REACTION???. I CAN ONI SEE THAT THERE CAN ALOT OF NOISE DURING THIS COMING S/EGM.

teeth53      ( Date: 15-Jun-2016 22:57) Posted:



News appeared on Straits Time paper, surprise me.

The spate of exchanges filed on SGX and Mr Bay' s expression of interest to return as chief executive (CEO)  came as a surprise to some shareholders. 

 

 

 

 


Last June, Imperium Crown divested CDI to Mr Bay for $3.41 million, re-designating him as a non-executive director and granting him a termination payout of $400,000. At the same time, Mr Bay cut his stake in Imperium to 4.69 per cent, by selling 17 million shares to Chuan Leong Metalimpex, in which Mr Lim has a deemed interest, at 10 cents a share. 

Mr Bay was the highest-paid director last year, drawing $1.18 mil, 61% in the form of benefits. 

Me thot, having eaten the cake tat taste good (sold of his interest), again now want to have the cake back. another point tat bluff me is, he can collect so much more than anyone else.


 
 
teeth53
    01-Jul-2016 07:12  
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http://infopub.sgx.com/FileOpen/Results%20of%20EGM%20-%20Polling_final.ashx?App=Announcement& FileID=411083

Mr Pao Kiew Tee.   Director of the Co effect from date of EGM, shall cease to be Chairman of the Audit and Remuneration Committees and a member of the Nominating Committee (Audit, Remuneration and Nominating Committees shall collectively referred to as &ldquo Board Committees&rdquo ).

2) Mr Leong Koon Weng. A Director of the Cot from the date of EGM, shall cease to be member of the Audit, Remuneration and Nominating Committees.

3) Prof Tan Chin Tiong. A Director of the Co, shall cease to be Chairman of the Nominating Committee, and member of Audit and Remuneration Committees.

4) The announcements on the aforesaid appointments and cessations of Directors as required under Rule 704(6) of Listing Manual (Section B: Rules of Catalist) of the SGX-Exchange Securities Trading Limited are contained in separate announcements released today.

5) The Company will release an announcement on the re-constitution of the Board Committees in due course.

 

teeth53      ( Date: 30-Jun-2016 12:50) Posted:



Knowing the nnnnnnnews liao lohh. Cannot post. will wait for offically announcement liao.

nah-calcs      ( Date: 30-Jun-2016 10:59) Posted:



anybody got news on the EGM result?


 
 
teeth53
    01-Jul-2016 06:58  
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Voteing - 55% verse 45%. Result announcement by SGX-Exchange.
IMPERIUM CROWN LIMITED General Announcement::RESULTS OF EXTRAORDINARY GENERAL MEETING
 
 
teeth53
    30-Jun-2016 17:22  
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[email protected] cents
          Last                   Trades                 Volume         Bid Volume                           Mid           Ask Volume
0.073 8 226,200 100,000 126,200 0
0.074 41 999,200 716,000 0 283,200
0.075 42 1,207,000 264,500 0 942,500
0.076 24 1,055,000 514,900 280,100 260,000
0.077 14 605,800 525,000 80,000 800
0.078 25 795,300 370,700 97,000 327,600
0.079 10 760,100 320,000 0 440,100
0.080 37 2,340,000 1,020,000 0 1,320,000
0.081 19 958,000 598,000 20,000 340,000
0.082 12 360,000 70,000 0 290,000
0.083 4 260,000 0 10,000 250,000
0.085 2 160,000 0 0 160,000
TOTAL 238 Vol - 9,726,600 4,499,100 613,300 4,614,20
 
 
teeth53
    30-Jun-2016 15:33  
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It still a solid company. Cash on hand, more than $10 million as of last agm.

tasidev      ( Date: 05-Mar-2015 17:49) Posted:



Now THIS is great: Now their bank assets exceed the stock value! 

Stock value: 40,18 Mio S$ (490000000 stocks @ 0.082$)

Cash at bank: 42,078 Mio S$

They should just take their company private!

LuckyFortuneCat      ( Date: 14-Jan-2015 11:42) Posted:



Take note, this one is on the verge of rallying up greatly!

It looks like the family trust' s eventual aim is to takeover the entire company! MIGHT THERE BE A GENERAL OFFER?


 

 
teeth53
    30-Jun-2016 15:03  
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Ya. U r right. Call sabo-ting. Once dust settle. BBs may pick more controlling interest.

pool100      ( Date: 30-Jun-2016 14:33) Posted:



The big fall is not sustainable. Regardless of boardroom tussle, this is a property play and the assets are still intact and income generating.

If the seller wants to throw at stupid prices, let them. After the dust has settled, price will move up again to where a fair valuation will be.

In my opinion, this stock is still deeply undervalued. We should still see 10 cents and above in months to come.

 
 
pool100
    30-Jun-2016 14:33  
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The big fall is not sustainable. Regardless of boardroom tussle, this is a property play and the assets are still intact and income generating.

If the seller wants to throw at stupid prices, let them. After the dust has settled, price will move up again to where a fair valuation will be.

In my opinion, this stock is still deeply undervalued. We should still see 10 cents and above in months to come.
 
 
AndyLoss
    30-Jun-2016 13:39  
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13% fallen...0.074 :)
 
 
teeth53
    30-Jun-2016 13:20  
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Winners oredi a winner.smiley

Like Brexit, Nothing break or broken. Why fix..? n get it into the mess?.no

AndyLoss      ( Date: 30-Jun-2016 12:54) Posted:

why winner not buying ? 😉

teeth53      ( Date: 30-Jun-2016 12:46) Posted:



LOsser is sabo-ing the prices down....S/EGM should be over liao.


 
 
teeth53
    30-Jun-2016 13:15  
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When nobody is buying n selling, eprculating n punting, Buyers may likely to come in again....

AndyLoss      ( Date: 30-Jun-2016 12:54) Posted:

why winner not buying ? 😉

teeth53      ( Date: 30-Jun-2016 12:46) Posted:



LOsser is sabo-ing the prices down....S/EGM should be over liao.


 
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