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Last Price Today's Change   Day's Range   Trading Volume
0.875   -0.015 (1.69%)  0.865 - 0.89  734,400
3,208 comment(s). Last comment by Jtmetta at Dec 17, 2020 11:08 PM
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Bigbro
44 posts

Posted by Bigbro > Dec 25, 2017 11:13 AM | Report Abuse

up up mieco up, VenFx aka 3iiisupervirus account terminated. tomorrow mieco sure up


dadada123
141 posts

Posted by dadada123 > Dec 25, 2017 12:13 PM | Report Abuse

The FA and news got dy, but yet see any buy call signal now. I will add this stock to my watchlist.


Bigbro
44 posts

Posted by Bigbro > Dec 25, 2017 12:41 PM | Report Abuse

up up mieco up, VenFx aka 3iiisupervirus account terminated. tomorrow mieco sure up


Bigbro
44 posts

Posted by Bigbro > Dec 25, 2017 12:44 PM | Report Abuse

VenFx aka 3iiisupervirus aka 3iiivirus


Bigbro
44 posts

Posted by Bigbro > Dec 25, 2017 2:41 PM | Report Abuse

don't billshit bro, or will go back to hengyuan forum to make you famous


Bigbro
44 posts

Posted by Bigbro > Dec 25, 2017 2:57 PM | Report Abuse

up up mieco up


mf
23893 posts

Posted by mf > Dec 25, 2017 3:09 PM | Report Abuse

Correction


matkilau
48 posts

Posted by matkilau > Dec 25, 2017 3:26 PM | Report Abuse

Correction?


fatimah
203 posts

Posted by fatimah > Dec 25, 2017 3:55 PM | Report Abuse

pigbro bankrupt? balik main bola sendiri


Bigbro
44 posts

Posted by Bigbro > Dec 25, 2017 4:29 PM | Report Abuse

up up mieco up...
up up mieco up, VenFx aka 3iiisupervirus account terminated. tomorrow mieco sure up


Bigbrother
166 posts

Posted by Bigbrother > Dec 25, 2017 4:36 PM | Report Abuse

mieco sure up


Bigbrother
166 posts

Posted by Bigbrother > Dec 25, 2017 4:40 PM | Report Abuse

VenFx aka 3iiivirus aka 3iiisupervirus account terminated. hahaha


stockintalk
808 posts

Posted by stockintalk > Dec 25, 2017 6:23 PM | Report Abuse

反思:
In the FYE 31 July 2014, Great Platform recorded net operating loss of approximately rm1.2 mil. However, in the subsequent financial years, Great Platform managed to generate net operating profits of approximately rm0.67 mil, rm3.0 mil and rm5.39 mil for the July 2015, FYE 31 July 2016 and FYE31 July 2017 respectively.

Great Platform is currently operating from its TWO plants, namely Gemas Plant and Simpang Pertang Plant. The maximum total combined production capacity of these TWO operating plants is approximately 180,000 cubic metres per annum, of which the current production output is at approximately 140,000 cubic metres per annum. Presently, Gemas Plant which produces particleboards is operating at 100% of its maximum production capacity 80,000 cubic metres per annum whilst Simpang Pertang Plant which produces MDF , is operating at 60% of its maximum production capacity of 100,000 cubic metres per annum.

On 10 June 2016, Great Platform had entered into a sale and purchase agreement with Elepias Industries Sdn. Bhd. For a purchase of 7 adjoining parcles of freehold agriculture land measuring approximately 16.2102 hectares together with factory , warehouse buildings erected theeon at Mukim Rompin Daerah Jempol , Negeri Sembilan, Malaysia at the purchase price of rm13,750,000 of which this ACQUISITION was completed on 13 June 2017.

Subsequently, on 13 January 2017, Great Platform entered into sale and purchase agreement with Maju Weko Timber Industries Sdn.Bhd. for an ACQUISITION of THREE parcels of freehold industries land measuring approcimately 8.6820 hectares , together with buildings and structures erected thereon at Tempat Intan Road, Mukim Gerik Daerah Hulu Perak, Perak Malaysia for a total consideration of rm15,500,000.of which this ACQUISITION was completed on 15 May 2017.

The aforesaid TWO trancactions were undertake as part of GREAT PLATFORM ‘S Future Expansion plans to Increase its overall Production capacity. The current Production output of Great Platform stands at 140,000 cubic metres per annum representing approximately 77.8% of its maximum production output of 180,000 cubic metres per annum.

As such, the newly ACQUIRED assets are expected to serve as new sites for the operating plant of GREAT PLATFORM with the intention to further expand its total production capacity moving forward!

In addition, GREAT PLATFORM would be able to leverage on the strategic locations of these newly acquired assets within are expected to enhance its operational efficiency as these assets are located within the vicinity for raw materials supply such as rubber woods and timber raw materials.

As the business activities of Great Platform is of similar to MIECO Group’s business activities. With the participation of Great Platform in MIECO Group through the Proposed Transaction, it serves as an opportunity to MIECO for its immediate expansion of production capacity. In addition, MIECO would have the opportunity to enter the existing customers base on Great Platform such as MDF market. With the combined customer base between MIECO and Great Platform, it also allows them to cross sell their products to a wider customer base thus increasing the market presence of the enlarged MIECO GROUP.

The Proposed ACQUISITION is expected to increase the annual aggregate production capacity of the enlarged MIECO Group from approximately 900,000 cubic metres to approximately 1,080,000 cubic metres ( assuming that Great Platform operates at its maximum production capacity of 180,000 cubic metres per annum ) and to enable MIECO to enter into the existing customers base of Great Platform.


3iiii
96 posts

Posted by 3iiii > Dec 26, 2017 11:26 AM | Report Abuse

All died


3iiii
96 posts

Posted by 3iiii > Dec 26, 2017 11:27 AM | Report Abuse

Sell before too late .


3iiii
96 posts

Posted by 3iiii > Dec 26, 2017 11:35 AM | Report Abuse

9494


3iiii
96 posts

Posted by 3iiii > Dec 26, 2017 11:45 AM | Report Abuse

What r u waiting. Run and sell. No hope will drop soon


3iiii
96 posts

Posted by 3iiii > Dec 26, 2017 11:47 AM | Report Abuse

Tsunami will coming here


mf
23893 posts

Posted by mf > Dec 26, 2017 11:54 AM | Report Abuse

Run


christophertopher
594 posts

Posted by christophertopher > Dec 26, 2017 12:23 PM | Report Abuse

Ya, run.
Run up to rm1.00


3iiii
96 posts

Posted by 3iiii > Dec 26, 2017 12:32 PM | Report Abuse

Wa ki ki wa ki ki laugh die me


3iiii
96 posts

Posted by 3iiii > Dec 26, 2017 1:30 PM | Report Abuse

No body here, all run and sold. Good


erokun
7 posts

Posted by erokun > Dec 26, 2017 4:05 PM | Report Abuse

ok good, can start buying now.. haha..


SuperPanda
10426 posts

Posted by SuperPanda > Dec 27, 2017 1:40 PM | Report Abuse

already down 30% only want to run.. its a buy call now.. jst wait few wks more to see it up, if not up then review


ZoneFD
212 posts

Posted by ZoneFD > Dec 27, 2017 3:47 PM | Report Abuse

Huh... Up n down like yo yo... Unstable.. many traders traped above want to go out...


mf
23893 posts

Posted by mf > Dec 27, 2017 6:25 PM | Report Abuse

Trap


SuperPanda
10426 posts

Posted by SuperPanda > Dec 27, 2017 6:46 PM | Report Abuse

More patience.. give until end Jan'18 for rebound above .90. Reasons:
1 It hold 70% mrkt share in msia.
2. Not a loss making biz.
3. Got expansion plan.

Buy for its business prospect.


3iiii
96 posts

Posted by 3iiii > Dec 27, 2017 9:28 PM | Report Abuse

Just be careful. TRAP


stockintalk
808 posts

Posted by stockintalk > Dec 28, 2017 6:30 AM | Report Abuse

Why satu orang, created beberapa ID untuk memberi comment yang tak matang.


wenlijianqinyun79
592 posts

Posted by wenlijianqinyun79 > Dec 28, 2017 8:47 AM | Report Abuse

看讲话方式就会知道。


erokun
7 posts

Posted by erokun > Dec 28, 2017 8:58 AM | Report Abuse

they're trying to scare people away. so they can buy it at cheaper price. that's why.. meico is under value now. It's a good time to buy. not sure why people are keep selling it.


3iiii
96 posts

Posted by 3iiii > Dec 28, 2017 12:36 PM | Report Abuse

Sell and run. This is a big trap. Dangerous


SuperPanda
10426 posts

Posted by SuperPanda > Dec 28, 2017 2:35 PM | Report Abuse

price already lowest.. mine ave 0.93 still holding. no point to cut loss on profitable biz


mf
23893 posts

Posted by mf > Dec 28, 2017 8:26 PM | Report Abuse

Down


ks_lim
193 posts

Posted by ks_lim > Dec 28, 2017 9:31 PM | Report Abuse

second syf in the making!!!!!Be careful!!!


ks_lim
193 posts

Posted by ks_lim > Dec 28, 2017 9:32 PM | Report Abuse

slowly,slowly die,,


ks_lim
193 posts

Posted by ks_lim > Dec 28, 2017 9:33 PM | Report Abuse

yes,correct this is a big trap,,,


SuperPanda
10426 posts

Posted by SuperPanda > Dec 28, 2017 9:51 PM | Report Abuse

a lot of buying at 0.8-0.82 but selling also a lot hold price up, wait after new year see if trap or jst tactic to wipe out small ikan bilis..


warchest
1192 posts

Posted by warchest > Dec 28, 2017 11:53 PM | Report Abuse

Be careful slowly will go down


SuperPanda
10426 posts

Posted by SuperPanda > Dec 29, 2017 2:10 AM | Report Abuse

TA chart shows slowly rebound. Will see clear direction after new year. Jst hold on 2 wks more mid Jan.


JAY1234
214 posts

Posted by JAY1234 > Dec 29, 2017 4:25 PM | Report Abuse

waiting at 745.... discount kaw kaw....


ZoneFD
212 posts

Posted by ZoneFD > Dec 29, 2017 7:13 PM | Report Abuse

How low it will go... Look like ANZO n trive in making


mf
23893 posts

Posted by mf > Dec 29, 2017 7:15 PM | Report Abuse

Down


ZoneFD
212 posts

Posted by ZoneFD > Dec 29, 2017 8:07 PM | Report Abuse

Pity... Good FA.. strong QR ...


ks_lim
193 posts

Posted by ks_lim > Dec 29, 2017 8:13 PM | Report Abuse

bad director


ks_lim
193 posts

Posted by ks_lim > Dec 29, 2017 8:16 PM | Report Abuse

tp .70 cen,,,,coming soon


SuperPanda
10426 posts

Posted by SuperPanda > Dec 30, 2017 12:45 PM | Report Abuse

Break support at 0.8. Next support 0.74. Release 100 lots to reduce burden. Still hold 300 lots.

Fund/major holder really want to kill all ikan bilis and later buy back cheap. This is not lousy cmpny but now become goreng counter. It may be insider game since they hold most of the shares.


ZoneFD
212 posts

Posted by ZoneFD > Jan 2, 2018 10:34 AM | Report Abuse

Slowly flush like ANZO


warchest
1192 posts

Posted by warchest > Jan 2, 2018 1:59 PM | Report Abuse

warchest once the acquisition done - RM60 mill of cash flow out and add in RM60 mill of borrowings. good luck mieco
20/12/2017 11:54

warchest the owner basically using mieco to absorb the liabilities of SYF.
20/12/2017 16:13

warchest that's going forward Mieco may ended up paying for those liabilities
20/12/2017 16:13

warchest see the quarterly results of SYF announced yesterday - the board segment which Mieco is buying now for latest quarter turned from net profit into net loss. and going forward Mieco needs to fork-out RM60 mill for the acquisition via bank borrowings or rights issue as well as need to absorb additional borrowings of RM60 mill. This is not bode well with the future of Mieco
21/12/2017 14:43


warchest
1192 posts

Posted by warchest > Jan 2, 2018 1:59 PM | Report Abuse

already warned about this Mieco. the next few quarters should see a contraction in earnings

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