Posted by Stockhunter85 > 2018-09-05 17:28 | Report Abuse

most of the shares sold at 0.45 around 3.30pm to 4pm. Probably those r force selling from T3 contra player who expected the result will be announce on 31/ august. Unlikely from substantial shareholder ... stay calm :)

Posted by kakashi > 2018-09-05 17:30 | Report Abuse

Hahaha... well. Just wish all the best to everyone

Posted by Stockhunter85 > 2018-09-05 17:31 | Report Abuse

yea ... i agree the master/shark behind this counter is very genius and also very big appetie.

Posted by Nicholasming91 > 2018-09-05 17:33 | Report Abuse

Dont be like vincent tan... hahah dispose all terus

Posted by Nicholasming91 > 2018-09-05 17:51 | Report Abuse

Later friday 4.59 release report then u know ahahah

Posted by mkmk > 2018-09-05 17:52 | Report Abuse

Dont bully kakashi bah... he is kakasihan d.... i think stockhunter has insider news la... he is super calm... t+3... if tml big volume sell down again.... coz monday t+3 ok.... lol

Posted by kakashi > 2018-09-05 18:02 | Report Abuse

Mkmk... everyday is t+3 Ah.

Posted by kakashi > 2018-09-05 18:02 | Report Abuse

Btw.. Fri confirm no report out

Posted by Nicholasming91 > 2018-09-05 18:04 | Report Abuse

Kakashi mangekyo sharingan ok or not 1

Posted by hypeman > 2018-09-05 18:08 | Report Abuse

kakashi suddenly u also insider??

Posted by Nicholasming91 > 2018-09-05 18:14 | Report Abuse

If kakashi lose so much money still can chat here meh...

Posted by mkmk > 2018-09-05 18:34 | Report Abuse

Hahaha.... kakashi kaya dont worry....

Posted by soon9913 > 2018-09-05 19:10 | Report Abuse

kakashi, how sure r u no report out this Friday?

Posted by kakashi > 2018-09-05 19:15 | Report Abuse

Haha. Joking. I don't know any news

Posted by mkmk > 2018-09-05 19:21 | Report Abuse

Still no report, left tml d....

Posted by 5c0160 > 2018-09-05 19:24 | Report Abuse

Insider new. No QR on friday. Counter suspend.

Posted by Cyven Kew > 2018-09-05 19:27 | Report Abuse

Not need to wait for report to see good or bad, tomorrow the people who know the true story will sapu all the share if good news will come out..... price will up to 0.06 ~ 0.08 ...
Cause good news will bring this share go up to :
0.1~0.2
....................
If only bad news coming out then the share will close at ... 0.035 to 0.05 ( with less volume)...
I just guess simple.... if u see this delay + suspension situation and don’t know good news will coming out ....
u really confident to sapu 100 millions share at 0.045?
For me but 100 units also = throw money to d sea...

Posted by mkmk > 2018-09-05 19:39 | Report Abuse

No good news la.... their fmu5 cant produce logs la now.... extraction report also dont want announce and u still expect good news... good luck la ada...

Posted by kh99892008 > 2018-09-05 20:20 | Report Abuse

2 days more
If tomorrow or Friday , they can not release report, then the price will drop to 0.01 - 0.03 . This is reality, all people know about it.

Posted by mkmk > 2018-09-05 20:35 | Report Abuse

If tml still dont have, i think friday ppl start selling lo...

Posted by 5c0160 > 2018-09-05 20:35 | Report Abuse

CONFIRM NO QR. Insider new from one of the director.

Posted by sherlock > 2018-09-05 20:40 | Report Abuse

Buy or not buy, Friday last call
I buy

Posted by Nicholasming91 > 2018-09-05 20:44 | Report Abuse

CONFIRM GOT QR.insider news from one of the director.

Posted by hypeman > 2018-09-05 20:56 | Report Abuse

Dun be ridiculous.. even without fmu5 0.05 is already low.. this price is only bad market sentiment.. suspension is not the end of the world

Posted by kakashi > 2018-09-05 21:03 | Report Abuse

Confirm got half report. My sharingan sees it

Posted by hypeman > 2018-09-05 21:08 | Report Abuse

I can confirm kakashi has insider news.. called sharingan

Posted by mkmk > 2018-09-05 21:09 | Report Abuse

Hypeman, things unlikely come at the same time... they can choose not to do early adoption... y they decided to early adopt at final quarter instead? Maybe thats the only valid reason for them to delay report.... then i query, y no extraction report? Y? Even have report on friday dont think there will be good things also no matter how good is the result.... fmu5 really a big trouble now... believe me la... if u r in this industry u will know.... another reason maybe they havent reach an agreement with their auditor who need to sign the audited acc for year ended 30 june 2018.... they want to make sure that audited result doesnt have significant variance with their unaudited result which will trigger bursa or sc’s query so there is another issue to consider d... whats the disagreement btw the management and the auditor then....

Posted by kh99892008 > 2018-09-05 21:18 | Report Abuse

This time serious already

Posted by kh99892008 > 2018-09-05 21:19 | Report Abuse

Actually nobody know what will happened these two days

Posted by kh99892008 > 2018-09-05 21:20 | Report Abuse

Who we should listen to ?

Posted by kakashi > 2018-09-05 21:22 | Report Abuse

Listen to mangekyou sharingan

Posted by mkmk > 2018-09-05 21:24 | Report Abuse

Trust the one who explain the most making sense analysis...

Posted by Nicholasming91 > 2018-09-05 21:24 | Report Abuse

Listen to the 4th hokage . He say pwi will make a come back

Posted by hypeman > 2018-09-05 21:27 | Report Abuse

mkmk, i appreciate your explanation. it is the reason why i am in this forum as i am not in the accounting/ auditing industry, need help from experts like you. i will take into consideration your analysis

Posted by mkmk > 2018-09-05 21:32 | Report Abuse

I read many of their report as well as annual report... to be honest, based on the extraction volume in apr to june, ex rate movement and the demand from logs supply... under usual circumstance, they will report a fantastic one... but too bad the crackdown impacted their logs extraction operation at fmu5... hopefully qr out asap, wanna read outlook and note on subsequent event...

Posted by Nicholasming91 > 2018-09-05 21:39 | Report Abuse

Mkmk sold off all at 0.085?

Posted by kakashi > 2018-09-05 22:03 | Report Abuse

Not all yet. Tomorrow will sell all if no report out

Posted by mkmk > 2018-09-05 22:05 | Report Abuse

Nicholasming... yes....
Further to my analysis, AR2017 timber rights n biological assets r 18m and 100m respectively.... MD&A stated they managing 28,000 hectare FMU... but note 18 stated 100m related to 1,798 hectare only.... the cost capitalised include depreciation of PPE somemore... FV of the current 1,798 or 28,000 hectare is how much? If 101,000 hectare fmu5 worth 390m (if not wrong), prorate 28,000 hectare is 100m++ only... can it cover the book value of timber rights, biological asset and relevant PPE? Does it mean u need to impair it now coz auditor has to disclose the impact of new standard when adopted... if the FV had been determined, the question is whether impairment or write off required on current book value too and it might ends up qr result very ugly....

Posted by hypeman > 2018-09-05 22:11 | Report Abuse

i have no idea what you just said but it sound serious.. lol

Posted by mkmk > 2018-09-05 22:12 | Report Abuse

And they still have goodwill 20m recognised on book... related to timber too...

Posted by kakashi > 2018-09-05 22:19 | Report Abuse

Mkmk calculating fair value to be realized in the report.. which is not coming out d cos will be delisted

Posted by hypeman > 2018-09-05 22:26 | Report Abuse

LOL

Posted by mkmk > 2018-09-05 22:26 | Report Abuse

Y cant publish report? Mfrs141 shouldnt be a problem.... the fv might be the issue... the fv maybe lower than current existing book value of related assets n need write off la maybe... maybe management still thinking of how to produce a higher fv from dcf analysis....

Posted by Nicholasming91 > 2018-09-05 22:39 | Report Abuse

Yea i agree

Posted by Stockhunter85 > 2018-09-05 22:49 | Report Abuse

the negative goodwill will price in the report also? since they bought at discounted price

Posted by Stockhunter85 > 2018-09-05 22:50 | Report Abuse

20m or 30m?

Posted by Stockhunter85 > 2018-09-05 22:53 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/05/04/priceworth-sabahs-fmu5-valued-at-rm4338mil/

https://www.thestar.com.my/business/business-news/2018/05/23/priceworth-shareholders-approve-fmu5-buy/

http://www.theedgemarkets.com/article/priceworth-log-production-alltime-high-extends-cash-option-fmu5-buy

Posted by Stockhunter85 > 2018-09-05 22:55 | Report Abuse

FMU4 worth 443 millions but they bought at discounted price of 235 millions? How to count the goodwill? Is it 443 minus 235millions? so the negative goodwill should be 200 millions as profit in their report? Can some pro here to explain in detail? how to count the goodwill

Posted by Stockhunter85 > 2018-09-05 22:57 | Report Abuse

http://www.theedgemarkets.com/article/priceworth-says-price-tag-logging-concession-67-less-market-value

Posted by mkmk > 2018-09-05 22:57 | Report Abuse

I remember there was a revision to 390m in their announcement