Amen.

The upward trend is confirmed.

Enjoy your fruits.

Warren Buffet said:

Be fearful when people are greedy.

Be greedy when people are fearful.

Dont watch.

Buy
Buy
Buy

Had scooped in loads at below 50 sens

Time to accumulate this share.

Downside limited.
Upside limitless.

Why wait !!!!!

overall positive global market sentiment will push Pelikan higher.

dream is coming true

Price will start to trend higher as it moves nearer towards its next financial result in November anticipating better result.

Nice to take profit for short term gain.

Long term investor will keep for more gains.

Better to buy on weakness rather than jumped in when it was too hot.

I am a long term investor bought during the consolidation period between May to July 2014.

Most of the top 10 to 20 shareholders had gradually increased their shareholdings for the past 3 to 4 years.
LTH was just one of them.

So far only selected timber shares showed improved financial results.
Most smaller timber companies still have not reported convincing turnaround financial results.
If next financial results show such turnaround connotation then analysts will start covering this neglected industry and write more favorable recommendation.
Hence industry rerating to buy signal.

Industry rerating should be on the card soon.

A short consolidation and next burst will come follow.

Look out for volume and momentum to sustain the next rally.

Congratulation.

Big investors have been collecting slowly for the last few months and possibly last 3 years as the percentage of funds holding have been increasing.

Time is ripe for a rally till its next financial result in late August.

Starting its marathon run.

Momentum getting stronger.

Pray for increasing volume.

So far only the first rm 2 miilions of the total rm 10 millions trance 2 RCN was issued.
There are rm 38 millions RCN more to be issued.

The subscriber to RCN is obliged to sell the converted shares immediately in order not to own more than 5 % of the company as agreed.

The converted price is based on the 80 % of the prescribed past traded price.

Hence the big shark has to stir up the market to maintain its price for the new shares to be cleared.

It will be a long time for the whole process to be completed.

Sorry 14 millions new shares rather than 140 millions.

Based on past conversion date I wont be surprise that this rm 2 millions RCN will be converted to 140 millions shares within the next few days .

The holder will be busy flooding the market to take profit.

Why the management is still desperate for money?

Are there more things under the carpet?

That has been discounted in the price.

Waiting for catalyst to move higher.

Institution funds had bought into Landmark for years.

They are the top 10 shareholders other than Genting group 30% and Mr Wee 17% ( new 2nd major shareholders )

Need some cooling before the next wave.

This phase can be short.

I agree .

Go for small cap property laggard first and come back to priceworth later.

Advance Opportunities Fund or the holders of RCN who have converted their RCN to priceworth shares must be busy unloading the priceworth shares.

Until this 70 to 80 millions shares overhang were cleared the share wont advance.

http://www.nanyang.com/node/636758?tid=704

Hope that the company stops issuing the remaning tranches of RCN worth rm 40 millions.

How can the authority allow the issue of RCN with low conversion price and the total converted shares are greater than the issued shares of the whole company?

The RCN holders who have converted to shares are laughing all the way to the bank.

Big shark eats small fishes.

Why dont they put up right issue to benefit all shareholders rather than issue RCN to ?person/s.

They are milking all non RCN shareholders.

Who are the big seller at 500,000 each throw?

If I can buy RCN with conversion price of 14.1 sens,I will sell it now at 21 sens and buy more RCN.

Who has the access to RCN ?

Thank you.

The company had issued rm 10 millions RCN and all have been converted to 70 + millions new shares.

If the company will issue the remaining rm 40 millions RCN,
there will be another 280 millions new shares flooding the market if all RCNs are converted.

The total issued shares will be 600 millions shares.

Earning per share and asset per share will be markedly diluted.

Is it worth investing then?

Big investors, who bought Redeemable Convertble Notes and converted it to shares at 14.1 sens a share , had made a handsome profit.



http://www.bursamalaysia.com/market/listed-companies/company-announcements/1588417

Worth collecting at the BOTTOM now.

Downside risk limited

Upside reward unlimited.

This time is for real !

Its Langkawi and Bintan projects are going to shine.

injured bulls.

Some are licking the wounds.

need longer time to recover.

http://www.theedgemalaysia.com/business-news/298127-hot-stock-pelikan-falls-167-despite-move-to-unlock-value-via-frankfurt-listed-unit.html

http://www.theedgemalaysia.com/business-news/297564-hot-stock-landmarks-shares-swell-625-on-news-of-us650-million-development.html

Target price of 4.50 is possible .

May be in a few years time under favorable conditions.

I dont try to be God like you.

No target.

Be vigilent and monitor all informations that will affect the share price.

Congratulation.

We are here to make money only.

Most important not to lose any.

Praise to God.

Volatility is opportunity.

Just bought today at 1.38 and sold all at 1.43.

Had previously sold all including my souvenir share in June.

Won 5 sens a share.

You maths must be very poor.

scoop some at 1.38 but sold all at 1.43.

someone going to support at 1.33 private placement price

investor 99 your chinese news was translated from old news released on 21 June

http://www.thestar.com.my/Business/Business-News/2014/06/21/Priceworths-turnaround-plan-Integrated-timber-player-sees-rising-prices-and-new-concession-to-boost

One scolds the price to go up and one laughs the price to go down.
What a nice way to confuse all.
Keep on blogging.

Hope it will fall and and I will scoop scoop and scoop

Thak you for your advice.
I was lucky to have sold millions of share for the past 1 month.
Just keep a few shares as souvenir.

https://www.google.com.sg/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CC4QFjAA&url=http%3A%2F%2Fwww.theedgemalaysia.com%2Fin-the-edge-financial-daily-today%2F295212-pelikan-to-return-to-the-black-this-year-fd.html&ei=qXqlU_ikOcOxuATTOQ&usg=AFQjCNGsMd2x_ulcjFJnh5OBZ5C0JPrdmA&sig2=q4pBZUcCNxutRpv-FuQycg

http://www.thestar.com.my/Business/Business-News/2014/06/21/Priceworths-turnaround-plan-Integrated-timber-player-sees-rising-prices-and-new-concession-to-boost

amen