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IPCO

The new Towkay to me is actually Malaysian again not Aussie, so are the same group as JS?

rentay      ( Date: 22-Jan-2018 14:41) Posted: feel strange that the carlson smith team did not fight back and let the new investor jame win by owning the most shares.

 

yes true .. not much downside anyway ..so can only go up .. so dead for so long ..so got up good already 
 

bernardc      ( Date: 22-Jan-2018 14:26) Posted: it cannot go any worse.. ​ under quah n carlson mgt..it hit rock bottom... the only hope is that the new mgt is not in cahoot with the old.. Thi654321ABCDEF      ( Date: 22-Jan-2018 13:40) Posted: IS THE NEW MANAGEMENT IS GOOD OR BAD . WILL THEY IMPROVE COMPANEY PEFORMANCE AND SHARE PRICE. PLEASE SHARE HERE

 

YAH , ITS TRUE    that the carlson smith team did not fight back and let the new investor jame win by owning the most shares. 

 

feel strange that the carlson smith team did not fight back and let the new investor jame win by owning the most shares.  
 

 

it cannot go any worse..
​ under quah n carlson mgt..it hit rock bottom...
the only hope is that the new mgt is not in cahoot with the old..

Thi654321ABCDEF      ( Date: 22-Jan-2018 13:40) Posted: IS THE NEW MANAGEMENT IS GOOD OR BAD . WILL THEY IMPROVE COMPANEY PEFORMANCE AND SHARE PRICE. PLEASE SHARE HERE

 

IS THE NEW MANAGEMENT IS GOOD OR BAD . WILL THEY IMPROVE COMPANEY PEFORMANCE AND SHARE PRICE. PLEASE SHARE HERE

 

ANY BODY ATTEND EGM , PLEASE SHARE YOUR VIEWS HERE. 

 

So the big towkay is actually Malaysian Tow Kong Liang. What can he do? 

 

http://www.straitstimes.com/business/companies-markets/new-investor-ousts-ipco-exec-director-at-meeting

 

who will attend?

 

Any of you attending the coming EGM this friday?

 

Getting interesting.....now, IPCO turn to run.

Former CEO Quah Su Ling, the alleged girlfriend of John Soh was out on a $4million bail since a year ago.

Blumont, LionGold, Innopac, IPCO were previously controlled by John Soh & party. Is that a coincident that all 4 counters ran recently? If Attilan was not suspended, it will set to run too.

 

Assuming approval is granted by the regulatory
authorities and the local real estate market continues to remain favorable, Capri' s
management expects to realize substantial sale proceeds from the sale of 261 raw lots
to real estate developers.   
NEXT HEARING IN FEB2018

 

all pennies 1 by 1 up

SmallSmall      ( Date: 12-Jan-2018 09:29) Posted: :)

 

:)

 

Sure,  we differ in view and will see if Meridian can give the market confident to enter the counter.
The China Gas business is going on for so long (that why I term it not exciting since started) but that getting the buy in form market, for what ever reasons.
Let see if after the EGM there can be a change for good,

SmallSmall      ( Date: 02-Jan-2018 16:44) Posted: I disagree. The China Gas business is progressing well and the US property assets are awaiting govt approvals for sale to developers which will translate to substantial gains. Only the electronics are not doing well. I believe Meridian Equities which holds 14.24% (800 mil) saw the potential in these when they took the placement last year. Anyway it' s always fine to have differing views as long as one has  DOYDD :) Laggard      ( Date: 02-Jan-2018 15:41) Posted: There is not much change in the direction over the years.... yes China gas business is profitable but not exciting. electronic busines is cyclic. Property in US is neither here or there. But most impprtant who want to invest or move this counter back by JS? The company financial is always at botherline so with backing from JS, who will touch??

 

I disagree. The China Gas business is progressing well and the US property assets are awaiting govt approvals for sale to developers which will translate to substantial gains. Only the electronics are not doing well.
I believe Meridian Equities which holds 14.24% (800 mil) saw the potential in these when they took the placement last year.
Anyway it' s always fine to have differing views as long as one has  DOYDD :)

Laggard      ( Date: 02-Jan-2018 15:41) Posted: There is not much change in the direction over the years.... yes China gas business is profitable but not exciting. electronic busines is cyclic. Property in US is neither here or there. But most impprtant who want to invest or move this counter back by JS? The company financial is always at botherline so with backing from JS, who will touch??  SmallSmall      ( Date: 02-Jan-2018 09:37) Posted: Interesting company with some real business and assets (though many would disagree) FURTHER DIRECTIONS The Company is an investment holding company with the objective of building a portfolio of businesses and investments with growth potential that can deliver consistent profits and positive cash flow. The Company is currently focused on three principal operating subsidiaries as follows: 1. Hubei Zonglianhuan Energy Investment Management Inc., focusing on natural gas distribution in the Peoples' Republic of China (&ldquo PRC&rdquo ) 2. Capri Investments L.L.C., engaged in real estate development in the State of Washington, USA and 3. ESA Electronics Pte Ltd, based on Singapore and engaged in the electronics sector.  The Group&rsquo s wholly-owned subsidiary Excellent Empire Ltd, in turn via its wholly-owned subsidiary China Environmental Energy Protection Investment Ltd (&ldquo China Environmental&rdquo ), through a restructuring of its subsidiaries in the PRC, holds an 85% equity interest in Hubei Zhonglianhuan Energy Investment Management Inc. (&ldquo HZLH&rdquo ), which in turn holds 100% equity interests in four companies supplying natural gas under 30-year exclusive contracts in the cities of Anlu, Dawu, Xiaochang, and Guangshui in Hubei Province, PRC. These contracts have an average remaining life of 20 years. Recently, HZLH has invested considerably in the construction of CNG stations and pipeline installations to link to new households and industrial users. The completion of the Dou Shan gateway to Xiaochang City should create opportunities for more connection revenue along with more sales to new industrial customers, while simultaneously reducing transportation costs. In the current quarter we expect to finish construction of an 18 kilometre main pipeline from Yang Zai to Wang Jia Peng, which will enable natural gas transmission from the new substation link to our Phase One network in Guangshui and a new industrial park. The total estimated cost is RMB 65 million, which should provide the infrastructure required to support revenue and earnings growth as the customer base continues to expand. Capri, in which the Group holds a 100% equity interest, is engaged in real estate development near the cities of Seattle and Tacoma in the state of Washington, USA. The residential real estate market in the Pacific Northwest has become increasingly favourable for continued development, as the supply of lots permitted for new home construction has become limited relative to the demand by new home builders. Since 2015 new single-family homes in the immediate vicinity of Pierce County (where Capri&rsquo s land is located) have seen price increases of nearly 20%. As per an article in The Tacoma News Tribune dated 21 January 2017, the most recent data compiled by Windermere Professional Partners, a real estate firm in Tacoma, indicates only 1.5 months of home inventory in Pierce County, with homes remaining on the market for an average of 26 days. According to real estate data firm Redfin, as quoted in an article in The Tacoma News Tribune dated 23 May 2017, Pierce County is tied with the Portland, Oregon area for being the third fastest moving housing market in the USA. In view of this, a feasibility study has been conducted to design and obtain regulatory approvals for the next phase of development comprising 261 lots. As part of its regulatory strategy to maximize chances of approval of the 261 lots, Capri LLC intends to offer concessions regarding future lot entitlements, as it is Capri management' s assessment that development of lots beyond the 261 currently envisaged will depend on several uncontrollable factors such as road corridor expansion and environmental considerations that will need to be addressed sometime in the future. The Capri management' s strategy is to place much greater importance in the approval of the 261 lots especially for near-term cash flow. Assuming approval is granted by the regulatory authorities and the local real estate market continues to remain favorable, Capri' s management expects to realize substantial sale proceeds from the sale of 261 raw lots to real estate developers.  Page 4 of 4 The Group holds an 81.25% equity interest in ESA Electronics Pte Ltd (&ldquo ESA&rdquo ). ESA is a Singapore-incorporated company engaged in the business of assembling, trading and providing consultancy services in the semiconductor industry. ESA also acts as agents  and distributors of semi-conductor back-end equipment, such as burn-in systems, vision inspection systems and test systems. We are expecting higher demand for burn-in-board in third quarter of FY2018 as comparing with third quarter of corresponding FY2017 due to major customers deferring orders to the third quarter. Thus far ESA has secured bookings of S$5.2 million in the third quarter of FY 2018. The demand for other products is affected by market uncertainty. Nonetheless, ESA is anticipating more orders for its OEM line of business, especially customised products that are related to the semi-conductor industry. We are encouraged by the accomplishments and prospects for our three primary subsidiaries and look forward to their continuing development and contributions to the Group. The Company' s outlook is based on reasonable assumptions concerning the Company&rsquo s present and future business strategies and the environment in which the Group will operate. These views necessarily involve risks, uncertainties and assumptions. Actual performance can differ materially from the Company&rsquo s outlook.

 

There is not much change in the direction over the years.... yes China gas business is profitable but not exciting. electronic busines is cyclic. Property in US is neither here or there. But most impprtant who want to invest or move this counter back by JS? The company financial is always at botherline so with backing from JS, who will touch?? 

SmallSmall      ( Date: 02-Jan-2018 09:37) Posted: Interesting company with some real business and assets (though many would disagree) FURTHER DIRECTIONS The Company is an investment holding company with the objective of building a portfolio of businesses and investments with growth potential that can deliver consistent profits and positive cash flow. The Company is currently focused on three principal operating subsidiaries as follows: 1. Hubei Zonglianhuan Energy Investment Management Inc., focusing on natural gas distribution in the Peoples' Republic of China (&ldquo PRC&rdquo ) 2. Capri Investments L.L.C., engaged in real estate development in the State of Washington, USA and 3. ESA Electronics Pte Ltd, based on Singapore and engaged in the electronics sector.  The Group&rsquo s wholly-owned subsidiary Excellent Empire Ltd, in turn via its wholly-owned subsidiary China Environmental Energy Protection Investment Ltd (&ldquo China Environmental&rdquo ), through a restructuring of its subsidiaries in the PRC, holds an 85% equity interest in Hubei Zhonglianhuan Energy Investment Management Inc. (&ldquo HZLH&rdquo ), which in turn holds 100% equity interests in four companies supplying natural gas under 30-year exclusive contracts in the cities of Anlu, Dawu, Xiaochang, and Guangshui in Hubei Province, PRC. These contracts have an average remaining life of 20 years. Recently, HZLH has invested considerably in the construction of CNG stations and pipeline installations to link to new households and industrial users. The completion of the Dou Shan gateway to Xiaochang City should create opportunities for more connection revenue along with more sales to new industrial customers, while simultaneously reducing transportation costs. In the current quarter we expect to finish construction of an 18 kilometre main pipeline from Yang Zai to Wang Jia Peng, which will enable natural gas transmission from the new substation link to our Phase One network in Guangshui and a new industrial park. The total estimated cost is RMB 65 million, which should provide the infrastructure required to support revenue and earnings growth as the customer base continues to expand. Capri, in which the Group holds a 100% equity interest, is engaged in real estate development near the cities of Seattle and Tacoma in the state of Washington, USA. The residential real estate market in the Pacific Northwest has become increasingly favourable for continued development, as the supply of lots permitted for new home construction has become limited relative to the demand by new home builders. Since 2015 new single-family homes in the immediate vicinity of Pierce County (where Capri&rsquo s land is located) have seen price increases of nearly 20%. As per an article in The Tacoma News Tribune dated 21 January 2017, the most recent data compiled by Windermere Professional Partners, a real estate firm in Tacoma, indicates only 1.5 months of home inventory in Pierce County, with homes remaining on the market for an average of 26 days. According to real estate data firm Redfin, as quoted in an article in The Tacoma News Tribune dated 23 May 2017, Pierce County is tied with the Portland, Oregon area for being the third fastest moving housing market in the USA. In view of this, a feasibility study has been conducted to design and obtain regulatory approvals for the next phase of development comprising 261 lots. As part of its regulatory strategy to maximize chances of approval of the 261 lots, Capri LLC intends to offer concessions regarding future lot entitlements, as it is Capri management' s assessment that development of lots beyond the 261 currently envisaged will depend on several uncontrollable factors such as road corridor expansion and environmental considerations that will need to be addressed sometime in the future. The Capri management' s strategy is to place much greater importance in the approval of the 261 lots especially for near-term cash flow. Assuming approval is granted by the regulatory authorities and the local real estate market continues to remain favorable, Capri' s management expects to realize substantial sale proceeds from the sale of 261 raw lots to real estate developers.  Page 4 of 4 The Group holds an 81.25% equity interest in ESA Electronics Pte Ltd (&ldquo ESA&rdquo ). ESA is a Singapore-incorporated company engaged in the business of assembling, trading and providing consultancy services in the semiconductor industry. ESA also acts as agents  and distributors of semi-conductor back-end equipment, such as burn-in systems, vision inspection systems and test systems. We are expecting higher demand for burn-in-board in third quarter of FY2018 as comparing with third quarter of corresponding FY2017 due to major customers deferring orders to the third quarter. Thus far ESA has secured bookings of S$5.2 million in the third quarter of FY 2018. The demand for other products is affected by market uncertainty. Nonetheless, ESA is anticipating more orders for its OEM line of business, especially customised products that are related to the semi-conductor industry. We are encouraged by the accomplishments and prospects for our three primary subsidiaries and look forward to their continuing development and contributions to the Group. The Company' s outlook is based on reasonable assumptions concerning the Company&rsquo s present and future business strategies and the environment in which the Group will operate. These views necessarily involve risks, uncertainties and assumptions. Actual performance can differ materially from the Company&rsquo s outlook.

 

Which one is good news?

Thi654321ABCDEF      ( Date: 02-Jan-2018 15:06) Posted: even though good news , share price is not at all moving , why? anybody know. is it because of EGM on 19 Jan

 

even though good news , share price is not at all moving , why? anybody know.

is it because of EGM on 19 Jan