Ali idris... i m cool... coz i didnt hold... every company is investigated means bad news for every company... not because all bad so pwi is safe lo.... nobody trust me their operation affected.... sad... and today volume so high.... the who who will come out to explain again... T+3, T+3..... hahahahaha
Kakashi, i raise many things which doesnt make sense... QR delayed coz mfrs141 - accounting ppl know it is not an issue pun unless ur fv is lower than ur book value and u need to recognise huge immediate loss; QR delayed? Fine.... y extraction volume report delayed? Operation issue.... i m sure but no announcement... so we wait.... I said qr result should be good without considering the mfrs141, but what is the outlook if operation affected? Outlook!!! Outlook!!!!! Major shareholder disposing at loss... but some body argue they sold at profit by comparing price by batch not by average.... The IR officer wont tell u they can deliver it by friday or not de la... those said can issue cannot issue talk cock only la.... If today drop to 4 sen and tonight still no announcement, good luck la tml... the first sell down would be tml d...
I dont need to call... coz they announced ENDEAVOR... u call they will also say ENDEAVOR... and report not report also nvm... i mentioned many times... OUTLOOK....
there u go, so many call d. MKMK, u really ah. tak boleh pakai. another talk crap only after u sell at 0.085. Now I think u didn't even manage to sell at 0.085, where got so lucky sell that price
Nicholas, they said tml confirm out or try the best tml out? Different leh... i dont think ir can tell confirm or not confirm... if not, y they dont put it that way in their announcement to give investor confidence???
Wow stockhunter.... what a surprise.... Azta, u can hold it if it is for long term... i will consider if it drop to 2-3sen.... coz pretty sure jul-sept will be ugly...
They used only 25m for fmu5 downpayment only out of 105m collected from the RI. The balance 235m for fmu5 have to wait GSR to get listed in sgx to raise 200m. And koo mentioned that they will opt for other options to get the 200m failed to get listed in sgx. What does it mean? Mean private placement or right issue again? Can someone pro here to explain this in detail? Will the investigation on pworth will affect GSR to get listed in sgx or not?
need to stay calm guys, as for Sabah, the investigation is an industry wide issue, hence everyone is affected and not only Pworth. While the earlier article states that from the 40k logs held for investigation, 8.8k belongs to Pworth and the reason stated was due to tax not being paid. I think earlier one of the directors came out in the papers stating that they have paid all the taxes for their logs and said they have a bond with the forestry dept. If found tax not paid, just pay a fine and pay the tax la... as for outlook going forward, the company which Pworth purchased that holds the PMU 5 contract, if there are any changes to the logging rights, am sure there will be changes to this contract to reflect that or they can sue the Sabah gov for loss of income.
One of the main problems with PriceWorth is that they had factories that was running at 30% capacity as they did not have a steady source of logs to process due to illegal logging. I see this whole issues as a good thing, stem out illegal logging and the downstream players will benefit... i am one that subscribed to the rights issue and am looking at this on a long term basis.
No.. i only knew their operation affected due to the crackdown... it also consistent with no extraction volume report... the rest i analyse based on info on annual report, quarterly report and announcement made..
now im not looking forward to qr.. but i am looking forward to see whether substantial holders got dispose share or not.. then we will know the true story
good. timber industry is very important for yayasan sabah. only the captain changed, but the major timber players still remain the same kakis. so no worry.
hypeman, shareholders dispose is not the whole story. u need to read into the report, prospect and the macroeconomy. the crackdown on illegal logging is definitely good, but if priceworth is involved, then definitely susah. imagine listed company involve in illegal activities. Shit, I missed all these and I look at their beautiful quarterly report and invested heavily at 0,075. Now 6 digit gone
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....
SureWin1Woh
840 posts
Posted by SureWin1Woh > 2018-09-06 10:06 | Report Abuse
Now is more than just QR numbers [past tense liao]...but also their immediate outlook going forward