Posted by Probability > 2015-08-28 23:04 | Report Abuse

Excellent presentation Icon.
I like you warrior spirit.

Posted by 股海無涯 > 2015-08-29 04:13 | Report Abuse

most of the comment in quarter report just nonsense, they just writing for the sack of writing and audit requirement. the comment piss me off the most is " the Revenue lower due to the lower sales"... thats why i pay my respect to the company who serious explain the situation to their investor.

Posted by soojinhou > 2015-08-29 07:27 | Report Abuse

Niamah. Im considering filing a complaint with bursa.

Posted by Icon8888 > 2015-08-29 07:37 | Report Abuse

First time see Mr Soo so upset.....

Posted by soojinhou > 2015-08-29 08:04 | Report Abuse

My loss is only 3%, considered negligible, since my entry price is low, so I'm not particularly upset. I am angry though. Of course, anyone who kena cheated will feed angry. I'm filing a complaint because I want to play my part to make Bursa a better, and safer place for investors. After all, it just requires a bit of time to fill up a form. If you do nothing, then same shit may happen again because directors think they can get away with it. If you file a complaint and nothing happens, hey at least you played your part in trying to improve corporate governance in Malaysia.

Posted by Icon8888 > 2015-08-29 08:15 | Report Abuse

My view is that this Minho case is no accident

I think that statement was slotted into the March quarterly report intentionally, with full awareness of its implication and consequence

There are also indications that syndicate were later brought in to stage a play, which ultimately lead to certain people achieving financial gain at the expense of others

I fully support a complain to bursa

Posted by ckwan11d > 2015-08-29 08:16 | Report Abuse

I fully support soojinhou on this matter.

Posted by soojinhou > 2015-08-29 08:21 | Report Abuse

So, anyone who got a bit of spare time can just download the form from http://www.bursamalaysia.com/contact/other-complaints and submit. If you get enough people to complain, maybe Bursa will query the company, keep them on their toes.

Posted by ckwan11d > 2015-08-29 08:22 | Report Abuse

They might think that they are lucky. We have to tell them:" No. No way." You might only be lucky to escape from the 'gallows' but 'the gas chamber' awaits you. Always remember this : " A postman always rings twice."

Posted by kakashit > 2015-08-29 08:29 | Report Abuse

haha, Soo should be cool and steady.

Denko i dunno the story but Minho doesnt hv concession right, it is all depends on state gov to let them extract logs. And recently clampping on illegal logging is quite vigorous, even co with big forest right like Taann and WTK oso nid to reduce their logging activities.

Posted by PasangKia > 2015-08-29 08:39 | Report Abuse

Kakashit It is not like that mah when 1st Q come out already 2 months in 2nd Q liao Patut know liao lo....

Posted by Johnnys > 2015-08-29 08:42 | Report Abuse

WTK, Taann and Jtiasa, S.tiasa, the activities is almost reduce by 50%

Posted by Icon8888 > 2015-08-29 08:42 | Report Abuse

Pasangkia !!! Long time no see !!! I thought we are supposed to bakuteh with Duit at Pasang ? : )

Posted by PasangKia > 2015-08-29 08:43 | Report Abuse

Minho co in Pasang Klang la in Hokkien. Popular liao the directors all old old liao no energy for business liao.. Collect gaji buta pun ok liao

Their kiln are normally very very quiet like not doing business liao

Posted by PasangKia > 2015-08-29 08:45 | Report Abuse

Icon lu ko eh ki.. ci oai ka bor eng.. hang cing pai pai

Posted by Icon8888 > 2015-08-29 08:47 | Report Abuse

Duit pays for us lah. He (or she ? Bloody hell until now I am still confused whether is a female or malatlou ?) works for KWSP, iron rice bowl, and a lot of insider tips

Posted by PasangKia > 2015-08-29 08:49 | Report Abuse

May be Minho boss Ang Mo bor hor like me la write ka kilikalat no know meaning "slightly" lo HaHa wu ko ling bor??

Posted by PasangKia > 2015-08-29 08:52 | Report Abuse

Oh.. si ah Duit name KWSP really work in KWSP ah... mah cui tip lo.. duit pa pa lo

Posted by Icon8888 > 2015-08-29 08:52 | Report Abuse

Ha ha u got a point

Maybe he meant "coming quarter likely lower" instead of "coming quarter slightly lower"

LOL

Posted by PasangKia > 2015-08-29 08:54 | Report Abuse

Si la.. war mah si always confuse confuse ni macam

Posted by PasangKia > 2015-08-29 08:57 | Report Abuse

Boss all old old liao la Kong Hokkien eh normally Ask write long sentence si liao lo likely pian slightly HaHa

Posted by PasangKia > 2015-08-29 08:59 | Report Abuse

Ka si spelling no good la.. lu buy liao Minho ma mo tin tin fatt tat liao

Posted by Icon8888 > 2015-08-29 08:59 | Report Abuse

Ask him to eat more bakuteh lah

Good for his brain and heart

Posted by PasangKia > 2015-08-29 09:01 | Report Abuse

Hor la hor la War bo eng cau sing next day ka ka lu king la cau sing ok

Posted by yuanlong57 > 2015-08-29 15:53 | Report Abuse

Icon8888, agree with you. Lots of recycled mumbo jumbo statements by PLCs but no substantiative reality in terms of shareholders benefit. For example, WCT has been parroting "monetizing their property assets into REITs," from one quarter report to another. NTPM has been recycling the same old melody of "because of forex rates and high tariff rates" when announcing dividends!

Posted by soojinhou > 2015-08-31 09:52 | Report Abuse

I have file a complaint with Bursa Malaysia using the text below. Whether Bursa will take action or shake leg is out of my control, but I did my part.

"In Minho's quarterly report for the period ending 31/3/2015, which was released on 29/5/2015, already 2/3 into the next quarter, the management states that "the group performance for the second quarter of year 2015 is projected to be SLIGHTLY LOWER than the first quarter of year 2015." In the subsequent quarter, profit dropped from RM12.6 million to RM2.7 million. I contend that the management of the company intentionally defraud investors by providing false and misleading forecast, thereby facilitating the sharp increase in share price."

Posted by Icon8888 > 2015-08-31 09:56 | Report Abuse

Like !!!

Posted by Icon8888 > 2015-08-31 09:56 | Report Abuse

see I changed my logo to a pufferfish ? Now the shark cannot eat me

haha

Posted by soojinhou > 2015-08-31 09:59 | Report Abuse

Haha. But the Japanese can hahaha.

Posted by apprentice > 2015-08-31 10:50 | Report Abuse

Icon, its precisely due to the often 'misleading' statements that Bursa requires all companies report/file Quarterly reports within 2 months.

In the earlier years, it was half yearly or annually reporting, by then investors would have been screwed well and good.

I have never trusted the company reports with regards to prospects, prefer to look at challenges and risk management to alleviate the hurdles, besides its bottom line of course. The more serious the challenges, the further we should stay away from the counter.

Posted by Icon8888 > 2015-08-31 10:54 | Report Abuse

agree

Posted by kakashit > 2015-09-15 15:20 | Report Abuse

did u check bursamarketplace, cffo so poor, no track record is like that one, turnaround seldom turnaround with cash flow

Posted by paperplane2 > 2015-10-18 17:03 | Report Abuse

Sailang?