Watever, i will wait qr and the update on crackdown first instead of jumping out to defend how good is pworth... some ppl just not happy other raised the curiosity coz they scared shares they r holding will drop further....
Besides, no body know if acquisition of fmu5 completed at end of june, no body know if it was recognised on book at end of june... isnt that the ri is to pay for the cost? So how can it be completed in june? Then how to reocgnise fv of Fmu5? Perhaps excel can enlighten us how he knows lo...
Excel, can recognise or not is not depends on if spa is signed... it looks at trf of risk n rewards, now will be looking at control.... page 99 of AR 2017 shows remaining balance is a commitment.... not a liability... means pwi didnt take up as asset even after they sign the spa...
From accounting prospective, by complying with the Standard it is good for the Company. Nothing really to worry about. Somebody has an agenda to shake this counter !!!
The timber industry is not doing well. With many reports of lower turnovers and profits , with some showing losses. I bought some at .045 with the view that when this industry turnaround you will not get at this price.
shareholders sell before this plunge. another insider trading. already got used to this. Nonetheless, nothing much to do except to wait. I think now is like a worst case scenario already. 0.045, how to get lower than this unless the company delisted or making huge huge losses or being the main culprit of illegal logging. if none of this happens, then it should rebound to its ex-rights price, 0.075-0.085. Maybe I should borrow $$ from ah long to buy at 0.045
refer back Pworth six consecutive financial report, profit is growing. I don't think Pworth have issue in the next quarterly report unless the CEO really wants to cheat to us.
haha, of course I wont borrow $$ from ah long. just keep at 0.075 lo. already worst case to lose half of my money. I think the worst scenario is delisted by not submitting the QR on time. I think they got this week to do that. Failing to do that will be delisted? That's the biggest concern now
but one thing is, there is no news in the mainstream media about priceworth late submission. The Edge didn't talk about it unlike the China Automobile late submission
Why this PWorth so special? Why only this company is having problem in complying with the accounting starndard while everyone has no problem in doing so?
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....
mkmk
1,514 posts
Posted by mkmk > 2018-09-01 13:29 | Report Abuse
Ans excel understand more than tswong99... he is god... but cant answer y early adopt at final quarter instead since LIFE SO DIFFICULT...