Highlights
KLSE: PWORTH (7123)       PRICEWORTH INTERNATIONAL BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.05   +0.005 (11.11%)  0.045 - 0.05  3,996,100
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Financials


Market Cap: 205 Million

Market Cap 205 Million
NOSH 4,095 Million

Latest Audited Result:  30-Jun-2018

Latest Audited Result: 30-Jun-2018
Announcement Date 01-Nov-2018
Next Audited Result: 30-Jun-2019
Est. Ann. Date: 01-Nov-2019
Est. Ann. Due Date: 27-Dec-2019

Latest Quarter:  30-Sep-2018 [#1]

Latest Quarter: 30-Sep-2018 [#1]
Announcement Date 30-Nov-2018
Next Quarter: 31-Dec-2018
Est. Ann. Date: 28-Feb-2019
Est. Ann. Due Date: 01-Mar-2019
QoQ | YoY   -606.35%  |    -1,689.98%

Annual (Unaudited) ( EPS: 0.34, P/E: 14.79 )

Revenue | NP to SH 173,367  |  13,841
RPS | P/RPS 4.23 Cent  |  1.18
EPS | P/E | EY 0.34 Cent  |  14.79  |  6.76%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.09  |  0.57
YoY   194.30%
NP Margin | ROE 7.98%  |  3.85%
F.Y. | Ann. Date 30-Jun-2018  |  06-Sep-2018

T4Q Result ( EPS: -0.13, P/E: -39.21 )

Revenue | NP to SH 143,912  |  -5,222
RPS | P/RPS 3.51 Cent  |  1.42
EPS | P/E | EY -0.13 Cent  |  -39.21  |  -2.55%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.10  |  0.48
QoQ | YoY   -137.73%  |    -194.88%
NP Margin | ROE -3.69%  |  -1.21%
F.Y. | Ann. Date 30-Sep-2018  |  30-Nov-2018

Annualized Result ( EPS: -1.75, P/E: -2.85 )

Revenue | NP to SH 46,760  |  -71,740
RPS | P/RPS 1.14 Cent  |  4.38
EPS | P/E | EY -1.75 Cent  |  -2.85  |  -35.04%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   -618.32%  |    -1,689.98%
NP Margin | ROE -153.42%  |  -16.69%
F.Y. | Ann. Date 30-Sep-2018  |  30-Nov-2018


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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
30-Jun-2019 30-Nov-2018 30-Sep-2018 1 11,690 -19,278 -17,935 -17,935 - 429,966 - % -153.42% -4.17% 3,071,192 0.38 0.29 -0.58 -0.44 0.00 0.00 0.1400 0.10   -606.35%   -1,689.98% 28-Sep-2018 0.045 11.82 -7.71 0.32 -12.98% 0.00% 30-Nov-2018 0.04 10.51 -6.85 0.29 -14.60% 0.00%
30-Jun-2018 06-Sep-2018 30-Jun-2018 4 42,992 22,578 3,542 3,542 - 359,381 - % 8.24% 0.99% 1,026,803 4.19 1.05 0.34 0.09 0.00 0.00 0.3500 0.09   -35.81%   15.79% 29-Jun-2018 0.24 5.73 69.57 0.69 1.44% 0.00% 06-Sep-2018 0.05 1.19 14.49 0.14 6.90% 0.00%
30-Jun-2018 13-Jun-2018 31-Mar-2018 3 41,080 5,430 5,518 5,518 - 357,441 - % 13.43% 1.54% 1,021,262 4.02 1.00 0.54 0.13 0.00 0.00 0.3500 0.09   51.05%   1,597.85% 30-Mar-2018 0.175 4.35 32.39 0.50 3.09% 0.00% 13-Jun-2018 0.235 5.84 43.49 0.67 2.30% 0.00%
30-Jun-2018 28-Feb-2018 31-Dec-2017 2 48,150 3,931 3,568 3,653 - 320,973 - % 7.41% 1.14% 944,039 5.10 1.18 0.39 0.09 0.00 0.00 0.3400 0.08   223.85%   268.25% 29-Dec-2017 0.255 5.00 65.90 0.75 1.52% 0.00% 28-Feb-2018 0.25 4.90 64.61 0.74 1.55% 0.00%
30-Jun-2018 30-Nov-2017 30-Sep-2017 1 41,145 1,074 463 1,128 - 308,364 - % 1.13% 0.37% 934,439 4.40 1.00 0.12 0.03 0.00 0.00 0.3300 0.08   -63.13%   244.95% 29-Sep-2017 0.255 5.79 211.24 0.77 0.47% 0.00% 30-Nov-2017 0.235 5.34 194.67 0.71 0.51% 0.00%
30-Jun-2017 30-Aug-2017 30-Jun-2017 4 59,204 11 3,034 3,059 - 347,899 - % 5.12% 0.88% 790,680 7.49 1.45 0.39 0.07 0.00 0.00 0.4400 0.09   841.23%   1,544.62% 30-Jun-2017 0.245 3.27 63.33 0.56 1.58% 0.00% 30-Aug-2017 0.215 2.87 55.57 0.49 1.80% 0.00%
30-Jun-2017 30-May-2017 31-Mar-2017 3 43,557 361 325 325 - 301,895 - % 0.75% 0.11% 718,800 6.06 1.06 0.05 0.01 0.00 0.00 0.4200 0.07   -67.24%   624.19% 31-Mar-2017 0.18 2.97 398.10 0.43 0.25% 0.00% 30-May-2017 0.26 4.29 575.04 0.62 0.17% 0.00%
30-Jun-2017 28-Feb-2017 31-Dec-2016 2 38,021 1,118 1,981 992 - 277,759 - % 5.21% 0.36% 661,333 5.75 0.93 0.15 0.02 0.00 0.00 0.4200 0.07   203.36%   171.04% 30-Dec-2016 0.11 1.91 73.33 0.26 1.36% 0.00% 28-Feb-2017 0.105 1.83 70.00 0.25 1.43% 0.00%
30-Jun-2017 30-Nov-2016 30-Sep-2016 1 29,386 429 -605 327 - 274,679 - % -2.06% 0.12% 653,999 4.49 0.72 0.05 0.01 0.00 0.00 0.4200 0.07   75.81%   -66.53% 30-Sep-2016 0.09 2.00 180.00 0.21 0.56% 0.00% 30-Nov-2016 0.11 2.45 220.00 0.26 0.45% 0.00%
30-Jun-2016 30-Aug-2016 30-Jun-2016 4 48,759 659 274 186 - 260,399 - % 0.56% 0.07% 620,000 7.86 1.19 0.03 0.00 0.00 0.00 0.4200 0.06   400.00%   -70.57% 30-Jun-2016 0.10 1.27 333.33 0.24 0.30% 0.00% 30-Aug-2016 0.085 1.08 283.33 0.20 0.35% 0.00%
30-Jun-2016 27-May-2016 31-Mar-2016 3 24,747 -177 -151 -62 - 278,999 - % -0.61% -0.02% 620,000 3.99 0.60 -0.01 0.00 0.00 0.00 0.4500 0.07   -116.94%   -111.11% 31-Mar-2016 0.11 2.76 -1,100.00 0.24 -0.09% 0.00% 27-May-2016 0.105 2.63 -1,050.00 0.23 -0.10% 0.00%
30-Jun-2016 26-Feb-2016 31-Dec-2015 2 46,115 378 369 366 - 245,742 - % 0.80% 0.15% 522,857 8.82 1.13 0.07 0.01 0.00 0.00 0.4700 0.06   -62.54%   1.67% 31-Dec-2015 0.16 1.81 228.57 0.34 0.44% 0.00% 26-Feb-2016 0.115 1.30 164.29 0.24 0.61% 0.00%
30-Jun-2016 25-Nov-2015 30-Sep-2015 1 46,214 887 886 977 - 254,019 - % 1.92% 0.38% 488,499 9.46 1.13 0.20 0.02 0.00 0.00 0.5200 0.06   54.59%   16.45% 30-Sep-2015 0.125 1.32 62.50 0.24 1.60% 0.00% 25-Nov-2015 0.16 1.69 80.00 0.31 1.25% 0.00%
30-Jun-2015 28-Aug-2015 30-Jun-2015 4 51,572 -2,046 165 632 - 220,479 - % 0.32% 0.29% 423,999 12.16 1.26 0.14 0.02 0.00 0.00 0.5200 0.05   13.26%   4,414.29% 30-Jun-2015 0.16 1.32 107.34 0.31 0.93% 0.00% 28-Aug-2015 0.12 0.99 80.51 0.23 1.24% 0.00%
30-Jun-2015 28-May-2015 31-Mar-2015 3 41,332 1,122 521 558 - 223,199 - % 1.26% 0.25% 398,571 10.37 1.01 0.14 0.01 0.00 0.00 0.5600 0.05   55.00%   135.65% 31-Mar-2015 0.175 1.69 125.00 0.31 0.80% 0.00% 28-May-2015 0.16 1.54 114.29 0.29 0.88% 0.00%
30-Jun-2015 13-Feb-2015 31-Dec-2014 2 47,009 229 332 360 - 239,999 - % 0.71% 0.15% 399,999 11.75 1.15 0.09 0.01 0.00 0.00 0.6000 0.06   -57.09%   105.73% 31-Dec-2014 0.17 1.45 188.89 0.28 0.53% 0.00% 13-Feb-2015 0.185 1.57 205.56 0.31 0.49% 0.00%
30-Jun-2015 20-Nov-2014 30-Sep-2014 1 43,857 756 824 839 - 233,460 - % 1.88% 0.36% 364,782 12.02 1.07 0.23 0.02 0.00 0.00 0.6400 0.06   5,892.86%   114.30% 30-Sep-2014 0.23 1.91 100.00 0.36 1.00% 0.00% 20-Nov-2014 0.20 1.66 86.96 0.31 1.15% 0.00%
30-Jun-2014 29-Aug-2014 30-Jun-2014 4 33,988 518 9 14 - 146,718 - % 0.03% 0.01% 195,624 17.37 0.83 0.00 0.00 0.00 0.00 0.7500 0.04   100.89%   100.19% 30-Jun-2014 0.22 1.27 3,074.11 0.29 0.03% 0.00% 29-Aug-2014 0.25 1.44 3,493.30 0.33 0.03% 0.00%
30-Jun-2014 29-May-2014 31-Mar-2014 3 36,540 -1,237 -1,467 -1,565 - 152,587 - % -4.01% -1.03% 195,624 18.68 0.89 -0.80 -0.04 0.00 0.00 0.7800 0.04   75.07%   92.36% 31-Mar-2014 0.20 1.07 -25.00 0.26 -4.00% 0.00% 29-May-2014 0.17 0.91 -21.25 0.22 -4.71% 0.00%
30-Jun-2014 27-Feb-2014 31-Dec-2013 2 50,336 -6,447 -6,344 -6,278 - 210,426 - % -12.60% -2.98% 173,905 28.94 1.23 -3.61 -0.15 0.00 0.00 1.2100 0.05   -7.01%   70.75% 31-Dec-2013 0.23 0.79 -6.37 0.19 -15.70% 0.00% 27-Feb-2014 0.20 0.69 -5.54 0.17 -18.05% 0.00%
30-Jun-2014 29-Nov-2013 30-Sep-2013 1 45,476 -6,029 -5,938 -5,867 - 215,239 - % -13.06% -2.73% 173,579 26.20 1.11 -3.38 -0.14 0.00 0.00 1.2400 0.05   21.36%   4.76% 30-Sep-2013 0.23 0.88 -6.80 0.19 -14.70% 0.00% 29-Nov-2013 0.24 0.92 -7.10 0.19 -14.08% 0.00%
30-Jun-2013 30-Aug-2013 30-Jun-2013 4 42,824 -12,254 -7,575 -7,461 - 222,094 - % -17.69% -3.36% 173,511 24.68 1.05 -4.30 -0.18 0.00 0.00 1.2800 0.05   63.56%   -1,074.02% 28-Jun-2013 0.215 0.87 -5.00 0.17 -20.00% 0.00% 30-Aug-2013 0.215 0.87 -5.00 0.17 -20.00% 0.00%
30-Jun-2013 30-May-2013 31-Mar-2013 3 33,982 -19,657 -20,555 -20,477 - 230,995 - % -60.49% -8.86% 173,681 19.57 0.83 -11.79 -0.50 0.00 0.00 1.3300 0.06   4.59%   -26,693.51% 29-Mar-2013 0.28 1.43 -2.37 0.21 -42.11% 0.00% 30-May-2013 0.27 1.38 -2.29 0.20 -43.67% 0.00%
30-Jun-2013 28-Feb-2013 31-Dec-2012 2 55,621 -21,271 -21,574 -21,463 - 251,790 - % -38.79% -8.52% 173,648 32.03 1.36 -12.36 -0.52 0.00 0.00 1.4500 0.06   -248.43%   -7,526.64% 31-Dec-2012 0.29 0.91 -2.35 0.20 -42.62% 0.00% 28-Feb-2013 0.29 0.91 -2.35 0.20 -42.62% 0.00%
30-Jun-2013 04-Jan-2013 30-Sep-2012 1 54,116 -7,024 -6,249 -6,160 - 272,428 - % -11.55% -2.26% 173,521 31.19 1.32 -3.55 -0.15 0.00 0.00 1.5700 0.07   -904.18%   -1,310.22% 28-Sep-2012 0.31 0.99 -8.73 0.20 -11.45% 0.00% 04-Jan-2013 0.305 0.98 -8.59 0.19 -11.64% 0.00%
30-Jun-2012 12-Sep-2012 30-Jun-2012 4 85,663 -2,526 677 766 - 187,999 - % 0.79% 0.41% 187,999 45.57 2.09 0.42 0.02 0.00 0.00 1.0000 0.05   894.81%   -43.18% 29-Jun-2012 0.35 0.77 85.90 0.35 1.16% 0.00% 12-Sep-2012 0.31 0.68 76.08 0.31 1.31% 0.00%
30-Jun-2012 23-May-2012 31-Mar-2012 3 80,230 -228 116 77 - 286,825 - % 0.14% 0.03% 192,500 41.68 1.96 0.04 0.00 0.00 0.00 1.4900 0.07   -73.36%   -94.96% 30-Mar-2012 0.40 0.96 1,000.00 0.27 0.10% 0.00% 23-May-2012 0.37 0.89 925.00 0.25 0.11% 0.00%
30-Jun-2012 23-Feb-2012 31-Dec-2011 2 81,219 482 306 289 - 269,131 - % 0.38% 0.11% 180,625 44.97 1.98 0.16 0.01 0.00 0.00 1.4900 0.07   -43.22%   -41.97% 30-Dec-2011 0.40 0.89 250.00 0.27 0.40% 0.00% 23-Feb-2012 0.43 0.96 268.75 0.29 0.37% 0.00%
30-Jun-2012 25-Nov-2011 30-Sep-2011 1 99,292 272 509 509 - 316,004 - % 0.51% 0.16% 212,083 46.82 2.42 0.24 0.01 0.00 0.00 1.4900 0.08   -62.24%   -17.37% 30-Sep-2011 0.34 0.73 141.67 0.23 0.71% 0.00% 25-Nov-2011 0.43 0.92 179.17 0.29 0.56% 0.00%
30-Jun-2011 26-Aug-2011 30-Jun-2011 4 102,633 1,953 1,348 1,348 - 278,961 - % 1.31% 0.48% 187,222 54.82 2.51 0.72 0.03 0.00 0.00 1.4900 0.07   -11.72%   2.59% 30-Jun-2011 0.50 0.91 69.44 0.34 1.44% 0.00% 26-Aug-2011 0.38 0.69 52.78 0.26 1.89% 0.00%
30-Jun-2011 24-May-2011 31-Mar-2011 3 111,247 1,541 1,527 1,527 - 268,604 - % 1.37% 0.57% 183,975 60.47 2.72 0.83 0.04 0.00 0.00 1.4600 0.07   206.63%   161.47% 31-Mar-2011 0.73 1.21 87.95 0.50 1.14% 0.00% 24-May-2011 0.60 0.99 72.29 0.41 1.38% 0.00%
30-Jun-2011 28-Feb-2011 31-Dec-2010 2 104,194 526 508 498 - 267,444 - % 0.49% 0.19% 184,444 56.49 2.54 0.27 0.01 0.00 0.00 1.4500 0.07   -19.16%   55.14% 30-Dec-2010 0.60 1.06 222.22 0.41 0.45% 0.00% 28-Feb-2011 0.53 0.94 196.30 0.37 0.51% 0.00%
30-Jun-2011 26-Nov-2010 30-Sep-2010 1 99,845 688 616 616 - 273,687 - % 0.62% 0.23% 188,750 52.90 2.44 0.32 0.02 0.00 0.00 1.4500 0.07   -53.12%   38.12% 30-Sep-2010 0.45 0.85 137.89 0.31 0.73% 0.00% 26-Nov-2010 0.47 0.89 144.01 0.32 0.69% 0.00%
30-Jun-2010 27-Aug-2010 30-Jun-2010 4 78,434 1,204 1,321 1,314 - 364,165 - % 1.68% 0.36% 187,714 41.78 1.92 0.70 0.03 0.00 0.00 1.9400 0.09   125.00%   126.16% 30-Jun-2010 0.44 1.05 62.86 0.23 1.59% 0.00% 27-Aug-2010 0.45 1.08 64.29 0.23 1.56% 0.00%
30-Jun-2010 26-May-2010 31-Mar-2010 3 155,887 648 584 584 - 248,895 - % 0.37% 0.23% 139,047 112.11 3.81 0.42 0.01 0.00 0.00 1.7900 0.06   81.93%   -40.77% 31-Mar-2010 0.52 0.46 123.81 0.29 0.81% 0.00% 26-May-2010 0.44 0.39 104.76 0.25 0.95% 0.00%
30-Jun-2010 24-Feb-2010 31-Dec-2009 2 117,776 381 332 321 - 248,426 - % 0.28% 0.13% 139,565 84.39 2.88 0.23 0.01 0.00 0.00 1.7800 0.06   -28.03%   -84.51% 31-Dec-2009 0.47 0.56 204.35 0.26 0.49% 0.00% 24-Feb-2010 0.50 0.59 217.39 0.28 0.46% 0.00%
30-Jun-2010 25-Nov-2009 30-Sep-2009 1 103,031 636 544 446 13 243,906 3.12% 0.53% 0.18% 139,375 73.92 2.52 0.32 0.01 0.01 0.00 1.7500 0.06   -23.24%   -81.76% 30-Sep-2009 0.54 0.73 168.75 0.31 0.59% 0.02% 25-Nov-2009 0.52 0.70 162.50 0.30 0.62% 0.02%
30-Jun-2009 28-Aug-2009 30-Jun-2009 4 147,041 452 888 581 - 246,233 - % 0.60% 0.24% 138,333 106.29 3.59 0.42 0.01 0.00 0.00 1.7800 0.06   -41.08%   -96.35% 30-Jun-2009 0.66 0.62 157.14 0.37 0.64% 0.00% 28-Aug-2009 0.60 0.56 142.86 0.34 0.70% 0.00%
30-Jun-2009 22-May-2009 31-Mar-2009 3 114,604 716 840 986 - 242,391 - % 0.73% 0.41% 136,944 83.69 2.80 0.72 0.02 0.00 0.00 1.7700 0.06   -52.41%   -82.63% 31-Mar-2009 0.45 0.54 62.50 0.25 1.60% 0.00% 22-May-2009 0.58 0.69 80.56 0.33 1.24% 0.00%
30-Jun-2009 27-Feb-2009 31-Dec-2008 2 90,567 2,511 2,273 2,072 - 243,114 - % 2.51% 0.85% 138,133 65.56 2.21 1.50 0.05 0.00 0.00 1.7600 0.06   -15.26%   -25.84% 31-Dec-2008 0.48 0.73 32.00 0.27 3.13% 0.00% 27-Feb-2009 0.44 0.67 29.33 0.25 3.41% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


Analyze this stock with MQ Trader system
  4 people like this.
 
mando massive corruptions involved with the previous old guard....0.005 coming ??
08/12/2018 20:44
Salsabila hari ni pwort aktif
10/12/2018 09:38
Derrick4896 Today morning most of people buy at RM0.045
10/12/2018 09:56
rijack88 macam ada power sikit
10/12/2018 10:09
tew kah enjin start lo, train is going to north....
10/12/2018 11:55
solcsy Got high demand at 0.045 from buyer now
10/12/2018 12:04
CHWong i think may have new investor...... will anounce soon
10/12/2018 13:41
Sk9864 New investor sudah mari...
10/12/2018 17:17
solcsy 和气生财的效果
10/12/2018 20:02
solcsy “Log shortage in Malaysia and Indonesia is grave and plywood mills struggle to keep their operations. “High log cost and low sales prices (of plywood products) put all the plywood mills in Malaysia and Indonesia in life or death situation,” according to the Japan Lumber Report (JLR).
“Log shortage in Malaysia and Indonesia is grave and plywood mills struggle to keep their operations. “High log cost and low sales prices (of plywood products) put all the plywood mills in Malaysia and Indonesia in life or death situation,” according to the Japan Lumber Report (JLR).

KUCHING: Log supply shortage is serious in both Malaysia and Indonesia, and this has forced some plywood mills to halt production.

“Log shortage in Malaysia and Indonesia is grave and plywood mills struggle to keep their operations.

“High log cost and low sales prices (of plywood products) put all the plywood mills in Malaysia and Indonesia in life or death situation,” according to the Japan Lumber Report (JLR).

In Sabah, the report said Sinora Sdn Bhd has stopped plywood manufacturing because of log supply shortage.

“Sinora has been supplying about 4,000 cubic metres of 12mm structural and concrete forming plywood a month for the Japan market,” added the bi-monthly trade journal on the Japanese market. The JLR report is reproduced in the latest International Tropical Timber Organisation (ITTO) Tropical Timber Market Report (Nov 16-30 issue).

Sinora is owned by Priceworth International Bhd .

In Indonesia, JLR said Korindo group had shut down one of its two plywood mills because of log supply shortage.

“Korindo is the only manufacturer of coated concrete forming panel for Japan and has been supplying about 7,000 cu m a month from two plants. It stopped the operation of KAS plant so the supply volume will be down by half.

“Korindo plywood mill is in tough shape with operational loss for three consecutive terms. It stopped the operation of KAS plant on Oct 23,” added JLR.

Korindo has been supplying about 10,000 cubic metres of concrete forming panel a month for Japan.

According to the report, Korindo has been buying small low grade logs for manufacturing concrete forming panel but availability of low cost low grade logs is getting tight. This is

because the Indonesian government restricts clear logging to develop palm farm and selective harvest makes it hard to buy logs under 60cm in diameter.

Korindo was reported to have accepted too much orders before log prices soared.

JLR said Korindo was dealt with another blow as the sales of its products to the Middle East market had dropped.

Figures revealed that Japan’s plywood imports from Malaysia fell to 68,600 cubic metres in September from 100,500 cubic metres in January this year while that from Indonesia dropped to 62,600 cubic metres from 80,000 cubic metres during the same period.

JLR said tight log supply was caused by tighter restriction of illegal harvest of timber and weather factor.

In Sarawak, leading timber group Jaya Tiasa Holdings Bhd has scaled down its plywood and veneer production, also blaming log shortage as the reason.

In the 12 months to June 30, 2018, the group’s plywood mills utilisation rate had fallen to 39% of installed capacity of 180,000 cubic metres per annum from 46% a year ago. This had resulted in the mills’ production to drop to 69,320 cubic metres from 82,685 cubic metres year-on-year.

According to JLR, Malaysian and Indonesian plywood suppliers have proposed higher export prices of their products with reduced volume due to declining log supply as rainy season approaches.

“In the past, plywood mills in producing regions build up log inventories before arrival of the rainy season but this year is different. With tight supply of logs even in summer months, mills are not able to build up inventories, so the offered volume is much less than normal.

“Also plywood mills sell some portion of logs for export to generate profits even when mills rely on log supply from its own timberland,” it added.

The report said ample log supply was expected for plywood mills after Sabah banned log exports six months ago but this was not the case, as in reality, log harvest was stagnant by investigation by the central government for illegal harvest and the situation is the same in Sarawak.

The Sarawak authorities launched a major crackdown on illegal logging activities and corrupt practices in the timber trade about five years ago and the campaign is still ongoing.

Malaysian plywood suppliers have proposed to raise the export prices of their products – about US$690 per cubic metres C&F (cost & freight) on JAS 3x6 coated concrete forming panel and about US$590 on JAS 3x6 uncoated concrete forming panel. The prices are both an increase of US$10 per cubic metres from September.

“Indonesian mills are following Malaysian prices. The export prices (from both countries) are expected to keep climbing during the rainy season due to low supply,” it said.
10/12/2018 21:18
mkmk So good or bad news?
11/12/2018 13:14
azrul_muzamil good news coming....
11/12/2018 14:53
solcsy Guys, you judge it yourself ya
11/12/2018 15:02
mkmk Solcsy, true...
11/12/2018 15:13
solcsy I put a fair statement on my above sharing, of course log supply shortage nowadays, but plywood export price to be raised which proposed by suppliers. It will ease current tough time in this sector.
11/12/2018 15:59
Derrick4896 Latest financial reports informed MCC return construction vehicle but no mention resume harvest.
11/12/2018 16:57
mkmk Solcsy, price of plywood is decreasing if not wrong... thats y manufacturer susah....
Derrick, if resume they will announce la i think... if nothing wrong, pwi should take legal action against the new government...
11/12/2018 19:23
Sk9864 Rumors...... otai returns
12/12/2018 00:24
Derrick4896 RM0.045 today got many people sapu.
12/12/2018 10:08
azta12 nice..add some
12/12/2018 10:10
mudah288 Technically, the base at .04 has being formed. Next target .05 to .055
12/12/2018 10:14
azta12 let see the 0.05 lvl cleared
12/12/2018 10:18
Halite thought can buy back at 3 cents
who know it is 5 cents
die not die ?
who had stolen my 1 cent
must be that naughty monkey
12/12/2018 10:24
jeffng570 go go go
12/12/2018 10:24
solcsy 和气生财
12/12/2018 10:27
solcsy Pworth sure will come, be silent ya
12/12/2018 10:29
Musangkingfarmer I bought this share for more than one month already, then I sold half of the shares this morning at price 0.04 to buy airasia, and then pworth suddenly increase price, I think I have no luck in share market.
12/12/2018 10:31
Sniper86 who sapu my 4.5sen? good luck to you...wasted half a year on this stock and gained nothing
12/12/2018 10:34
Digidigi5 Sold all. The New gorv is saving the environment.
12/12/2018 11:10
Nicholasming91 Aiyoyo who buy so many ah, got insider news ah ?
12/12/2018 11:50
stainlyho37 somethings brewing..??
12/12/2018 12:07
azta12 today is just a pre amp..more to come
12/12/2018 12:14
Salsabila disposal of 600,000 ordinaryhare br MAHA GAYABINA
12/12/2018 13:01
mkmk haLIE y u sell hahahaha.... kesian eh u... i think u really dai sai...
12/12/2018 13:18
Nicholasming91 Rashid wanna take over the company ? Reverse RI ?
12/12/2018 13:36
jeffng570 sleep for so long d..time to wake up lor....go go go
12/12/2018 14:42
Sk9864 Rashid wanna sell, mr otai wanna buy hihi
12/12/2018 15:23
winfly Halite pernah comman sikit good new sj pworth akan fly! So skrg kita tgk betul x ....
12/12/2018 18:16
mkmk When buy up sikit all tot good news coming and chase to buy... wait la apa good news dulu... haiyoo... no announcement on resumption of logs extraction lagi pun... wait and see la...
12/12/2018 22:30
jgykls Lol ... think only me and junetan dumb dumb hold ... whatever the case lah .. down we go europe up also we go europe .. just leave it lah ... as Muhammad Ali once said "He who is not courageous enough to take risks accomplish nothing in life" ... i virtually written off my investment here any uptick is a gain for me hehehe ...
12/12/2018 22:31
jgykls After all we are buying a business ... risk is inherent ... so long there is possibility of it being a going concern risk is (price) worth taking ... let's see ...
12/12/2018 22:41
solcsy No worry, time will prove it whether counter will go up or down ya
12/12/2018 22:43
mkmk u guys on board d no choice la... just bok lo... bok win then win lo bok lose then suan lo....
12/12/2018 22:44
solcsy If a person not dare to take any risk, pls do let go first, don’t wait ya
12/12/2018 22:46
CHWong i think got ppl try goreng
13/12/2018 06:50
Derrick4896 Is that's year end window dressing?
Hahaha..
13/12/2018 06:57
CHWong target 0.14
13/12/2018 07:24
Sk9864 Rumors... agreed price 10sen
13/12/2018 10:20
Derrick4896 today no volume, yesterday is fake rise?
13/12/2018 10:36
solcsy No huge volumn transaction like yesterday doesn't matter, as long as can close it at 0.05 today.
13/12/2018 11:46