I'm really curious about this wan character.. He says the same thing over and over again. So touched so have someone so concerned about our investment. Thank you wan
KOTA KINABALU: Priceworth International Berhad (previously known as Priceworth Wood Products Berhad), an investment holding company based in Sandakan, has issued a statement on the state government’s Special Task Force’s recent inspection of timber operations in Sabah.
“Following news reports in the wake of the Special Task Force’s recent inspections of timber operations in Sabah, we would like to state that Priceworth has always striven to meet the Sabah Forestry Department’s (SFD) high standards in all its operational undertakings, said its executive director, Richard Koo, in a statement yesterday.
According to Koo, Priceworth has always ensured that it has fully complied with the relevant laws and practices that apply to all our Forest Management Units (FMU) including FMU5.
“As determined by SFD, Priceworth has only harvested according to what is permitted under the approved Forest Management Plan for FMU5. Strict conditions have been imposed on any movements of harvested logs, which we observe in our operations, and have remedied whenever we have discovered any lapses,” he added.
“Moreover, we have provided a performance bond to SFD as interim security for the transit of harvested logs being sent for the proper assessment of royalties to be paid. We wish to state that we have duly paid all royalties for FMU5,” Koo said.
need to understand that Pworth did not obtain nor was a beneficiary of any major logging licences, they purchased it from another company in Q4 last year. In fact, the factories were under utilized for years due to lot being able to secure enough logs and was barely breaking even
share price won't go up from now to 20/8/2018, traders are aiming to fire it down when all rights and bonus issued listing on 20/8/2018, forcing all ikan bilis to sell in panic, maybe 0.05 i guess, then traders will start makan naik all the way back to 0.30....haha..you think so easy to make money from share market?? your opponents are traders - they can buy and sell without need to pay brokerage. can you? if you want to win, just hold until the price hits your ideal target. that's all!!!
Long b4 Musa aman was CM, the ex CM Joseph pairin time these 3 Lim brothers were oredi cronies to sabah BN leaders. Many others Tansri, datukseri, datuk i can name them here were and are still cronies to BN but now they lose their advantage. Late Hapseng boss also king of timber cartel long long ago super rich had seed money. Another late timber cartel boss Wongchiklam now son Norman wong inherit trying to make late dad's FMU look clean. Richard koh is now sandakan richest man own a lot of lands started in the 80's is son in law to one of late cartel boss, both also stole so many timber. Basically all sabah rich men u can meet today are pencuri kayu balak.
listed WMG group also all inside directors shareholders also another timber cartel who stole so many sabah timber. Be careful if kerajaan baru will investigate linking all these.
Regardless, i still think many companies are corrupted including construction ones. There is still a way to purify, if everyone kena investigate, government will have no income and habis malaysia
If they pay their taxes it should be fine, and controlled logging. BN has lasted so long as well as corruptions, it will take time for things to go total transparent. Meanwhile i still believe big companies will deal with the new government by paying fines instead of halting their businesses. PH definitely need income to support the country, especially promises that they made .
it's very interesting to read he above attached sarawak reports. Thanks to MACC_Agent! Now, it's best that the founder Andrew Lim is found guilty and put into jail, and we have Rashid Hussein (used to be Tun Daim's Son-in-Law) to propose an unconditional take over, and both Rahisd Huseein and Sabah New minister under Malaysia Baru and talk over the content of the FMU5 acquisition conbtract, then we have very bright future for PWORTH and target price RM1.00 !!!
Rashid Hussein's nominee could be working on collecting more shares at cheap as now public is panicking after reading the Sarawak Repots!! Get ready with your fund, BUY when people throw down!!!
haha...Traders are trying to short sell it now...I doubt it will succeed!! hope the traders won't get burnt themselves if Rashid Hussein's nominees come in to wallop buy upwards...interesting to watch!!!
do you know why "wan" is not banned?? it's because he/she is part of this forum owner who's hired to do so by the traders who wanting to short sell PWORTH share!!
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....
malaysia2020
26 posts
Posted by malaysia2020 > 2018-08-06 10:30 | Report Abuse
IC....Thanks for reply....