Icon8888, so far nobody post any details about the litigation. We have no details what it is all about. If it is something related to unlawful dismissal, then really small matters.
In addition, if HEVEA is in defense of the litigation, then it is not right for HEVEA not to report this in BURSA. However, if it is SHAREHOLDER of HEVEA in defense of the litigation, then HEVEA does not need to file this to BURSA.
Dear Icon8888, your effort in writing out an article to response to that claim with good intention earned my respect. Your ideas teach good lessons, especially to those self-interested bloggers. Bravo! Your articles a must read to me. But I do not feel well seeing those headlines with empty idea published here, especially those with just graphs and/or few words calling to buy/sell, or baseless claims of certain events like takeover offer, privatization, etc. Anyway, I respect their rights, as they are allowed to do so.
BOD should only fight for the company business to be better, they lead the direction of company. Not fighting among themselves. If they fight for pieces of cakes, would they give any good pieces to investors? No Way. Watch out.
Haiyah, Rob earth main target is Hevea rupanya, he wrongly pick Hevea ciz Hevea got bunch of royalty supporter (got fatty water) , any twisted fact that pressed down o Hevra will Spring bacj quick. But, he is blindly folded by aking the side thought will favor to his interest. Wrong wrong wrong, Rob earth dont under estimate readers here, they hv sufus here to lead. 乖啦 go back press down on Xinquan ; but, it will not spring back like Hevea do lor. Kikiki
In Malaysia, BOD only care about their own interest. Unless, the BOD is not the major share holder and the company lead by sifu. Then this will not have direct impact to their controlling company interest. Only then the management will focus on Direction of company.
Top people in PLCs will sometime do dodgy things. But most of the time, it won't lead to massive shareholder value destruction. There is no need to vigilante against every case. We are not in a temple or church.
Are you suggesting that if the top people swindled or do funny things, if it doesn't hurt the company big time (won't lead to massive shareholders value destruction, in your own word) , it is ok?
Also, according to Ooi Teck bee's posting that the management of hevea has replied him that both the court cases and the 700 containers issues exist, what would you comment on hevea's handling of negative informations from public knowledge?
Roberti articles are eye opening and interesting/explosive ..its up to the plc company to address these concerns/revelation If they kept quiet , logically they are hiding something from the public
Leno told u all alredi ... this Robert Ludlum is for real. Look at her way of writing. She is not writing from what she think or imagine like a lot of blogger do. Other blogger think this and that. Imagine things up. But not our Robert Ludlum. She don't even bother to defend anything because she just simply reveal information. REAL information. Keep it up Robert Ludlum and Thank you.
but believe in striking a balance between upholding moral value and minimising market confusion
to help decision making, "whether it will result in massive shareholder value destruction" can be a useful yardstick
======
Are you suggesting that if the top people swindled or do funny things, if it doesn't hurt the company big time (won't lead to massive shareholders value destruction, in your own word) , it is ok? 08/01/2016 08:05
icon8888 Top people in PLCs will sometime do dodgy things. But most of the time, it won't lead to massive shareholder value destruction. There is no need to vigilante against every case. We are not in a temple or church.
why are you asking me questions that the answers I have provided in the article ?
===== talkrealreal Also, according to Ooi Teck bee's posting that the management of hevea has replied him that both the court cases and the 700 containers issues exist, what would you comment on hevea's handling of negative informations from public knowledge? 08/01/2016 08:08
As revealed, it is not 700 containers...just 700 cubic metre (m3)...which is equivalent about 35000 pieces of 1cm particle board. Anyway it had been resolved due to some testing error at Korea side. Small matter. If 700 containers, it will be huge news in the net but you cant find anything there. Those who got Korean friends can ask them to check and they will find nothing as well.
well, if Robertl got his information wrong, then what is the merit of publishing that report ? who will gain ? those investors that panic and sell based on wrong info ?
as I say above, we shouldn't tolerate wrong doing, but must be mindful of the negative consequence our writing will bring about
don't write something negative unless you have a robust case
stock market is a giant information processing machine. Your words will have significant impact on others.
tread carefully
imoogi99 As revealed, it is not 700 containers...just 700 cubic metre (m3)...which is equivalent about 35000 pieces of 1cm particle board. Anyway it had been resolved due to some testing error at Korea side. Small matter. If 700 containers, it will be huge news in the net but you cant find anything there. Those who got Korean friends can ask them to check and they will find nothing as well.
Thank you Mr Icon8888...frank and honest.....welcome such opinions as it actually clarifies more than critcises....i read 13 daily and i dont get taken by everything written...i do my homework too....i feel Icon is one of those few writers and commentors whom i respect and enjoy reading his comments and views...any shares you touch will always be at your own risk...we are all keen to make money but we shud not blame any one here..its your money and you invest and take the risks involved...
but believe in striking a balance between upholding moral value and minimising market confusion
to help decision making, "whether it will result in massive shareholder value destruction" can be a useful yardstick
======
Are you suggesting that if the top people swindled or do funny things, if it doesn't hurt the company big time (won't lead to massive shareholders value destruction, in your own word) , it is ok? 08/01/2016 08:05
icon8888 Top people in PLCs will sometime do dodgy things. But most of the time, it won't lead to massive shareholder value destruction. There is no need to vigilante against every case. We are not in a temple or church. 08/01/2016 08:45
====> upholding moral value and minimizing market confusion? Wouldn't it be the near job of religious preacher? Come on, we are in a dog eat dog environment!
The 700m3 containers explanation from the management to Ooi Teck bee is 1) not correct, because it is only 18 containers (as each standard container is 39 m3). This doesn't warrant the MD and an ED to fly to Korea urgently 2) why didn't hevea come forward to clarify 3) it can also be otb hearsay, unless he shows us the email
In real life, the near 12% shares price slide (on 6/1 it was $1.79 shortly before the first bad news out) have shown that the shareholders walks. This couple with the huge volumes (>10m) is the best fact
At first, when i read xinquan article from roberti, it looked interesting. When re-look second time, a question come out, what is the difference of it if compared to some baseless shouting forum news in China forums? Yeah, they look alike.
At the moment he published heave news, i think I know what he is aiming. Though I did not have any shares in Hevea, i don't like the tactics.
Icon, good job & support your view, giving statement without verification & supporting evidence is loser's acts.
Whatever it is i wont sell at this price level until QR is out. By which time if there is any material impact on the cost it will be reflected. If no impact i will continue to keep.
My Feb TP for this stock is RM2.00. The year to year cost increased due to fx. Surprising because for xport counter this usually is opposite. In hevea case is because of USD denominated loans. This year they are decreasing these costs at a rapid rate and by CNY should retest RM2.00. This coupled with higher sales and drop and ringgit/USD will be + signals. If the USD denominated loans are being wipeout and equipment upgraded where else can the price go ... ?
I suspect the old timers KYY, OTB ..et al were aware and the run up started to happen ... until some stoopid jackass of a blogger decided to equate Hevea with another "made in PRC" crap of a company
Naturally some jittery investors did the knee jerk reaction expecting the downside trend in % terms to follow the XingQ PRC (non existent dividend co after 5 years but claim war chest of RMB1.2 )... but guess what ? Hevea not following suit.
Also IMHO goreng kaki not even going to see RM1.30 lah in the initial frightening rumour... The support shown these last few days proved it in a crazy market. Next week going to ding dong around RM1.57-RM1.65 before shooting upwards for good. After that i expect some nice red packet for CNY even though i am not a Chinese. he he
Adverse comment is acceptable as long as with right attitude & reasonable facts or relevant calculation. I strongly believe that discussions will enable us to know more info or details that we may have overlooked or do not know.
But sometimes you will always see irresponsible or ridiculous baseless comments or jokes, like the following sample:
"So? That day my clients order 10. Audi, 10 volswagen passat cc. They all top insurance agents"
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
chonghai
482 posts
Posted by chonghai > 2016-01-07 11:31 | Report Abuse
Icon8888, so far nobody post any details about the litigation. We have no details what it is all about. If it is something related to unlawful dismissal, then really small matters.
In addition, if HEVEA is in defense of the litigation, then it is not right for HEVEA not to report this in BURSA. However, if it is SHAREHOLDER of HEVEA in defense of the litigation, then HEVEA does not need to file this to BURSA.
If price drop enough, I may consider buying!