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2016-01-06 18:17 | Report Abuse
i believe it is a malicious rumour that 700 containers of goods can go missing. This cannot be true. LOL..If it is, it will be all over the local news media. But there is none. As commented, all shipped goods are insured. So, whichever way, it does not inflict pain on the bottom-lines.
2016-01-06 17:46 | Report Abuse
Tussle between the shareholders will not affect the performance of the company. The MD is the one who manages the company. Anyone can file a civil suit but will it have a material impact on the company ? Moreover, it is such a long time ago that this court case was originally filed - in September 2014. The share price would have reflected this impact, if any.
It is your decision, chances are syndicates or interested parties could have unloaded many shares today and target to push down the price and collect again for another round.
Blog: HEVEA : 700 Containers Stranded in Korean Port
2016-01-07 13:37 | Report Abuse
I believe that the news about the stranded container is a hoax. Too many holes to be patched up. It is just false news to push down the stock price.
Malaysia news media is very efficient and if this is carried in the Korea dailies, it would definitely have been picked up. Think...
And to claim that someone from the public company leaked information out is not credible. The company media manager or director will ignore this talk in the forum as it is a waste of their time to clarify.
If the information is very vital, only the director or top finance staff will know. If other staff know about this then it will be made known to the public. If this piece of news is leaked, it will be investigated and heads will roll. Is there any ?
So far, we have not heard of Bursa started to query the Board of Hevea regarding all these allegation :
1] Civil suits
2] Contingent liabilities arising out of the alleged 700 containers held back by the Korean customs.
So, the conclusion is these are not the truth...