if you read the following statement , then you will with me , it is a good risk to hold at the current price of just 5 cents
"For the financial year 2019, barring any unforeseen circumstances, the Board of Directors expect the Group’s performance to improve. While the Group will continue to assess its internal and external risks and implement strategies to increase production yield from FMU5 and control operating costs, the Group’s will explore the opportunities to venture into the production of high quality engineered wood products to achieve optimal returns from FMU5."
Ok ... my view was long term not suitable for short term..... I will keep the share in till it reach 0.1... maybe need to wait three years, but profit 100%+... and will need more time if they really catch stealing log ... the company get fined from the authority.. The good view was they can settle the problem by this month, and next QR was profit...
The main question who want to sell on lowest price ? I think was the contra kaki also they can’t keep the share until Monday ..... and let wait and see the rocket price Monday... the contra kaki will jump back to revenge at 0.06.......
More down side is coming next week !!! Do your own study and Don't listen to people !!! If July log production volume is worse than January log production volume then which is potential for PWORTH to hit ? 0.10 or 0.03 ? !!!
Don’t only see July to September result..... see the future ( just imagine a big company with profitable they get suspended on one day...they not just start this business last month... all old business and source of wood was came from connections...... I think this new bad issue was start by new gov they take involve to check all this activity cause last gov involved many corruption ... but if the permit was approved by last gov then ... can’t argue, just the new parties wanted to involve to this kind activities...
goldenluck16, I just play play ... RM1000 only they want to collect profit sure they will goreng the share up.. they can’t play at 0.04-0.06 ... no profit can take.... 1000 I stay here Long term ...two years maybe lost RM60 interest but the lost ...much more... I only scare the company bankrupt...
I think the downside of production volume already being factored into the recent dropped in stock price. Any good news like the resume of production in August will be a plus. Not sure why near 4pm, there were so many sold at 0.045.
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....
Halite
8,633 posts
Posted by Halite > 2018-09-07 15:21 | Report Abuse
if you read the following statement , then you will with me , it is a good risk to hold at the current price of just 5 cents
"For the financial year 2019, barring any unforeseen circumstances, the Board of Directors
expect the Group’s performance to improve. While the Group will continue to assess its
internal and external risks and implement strategies to increase production yield from FMU5
and control operating costs, the Group’s will explore the opportunities to venture into the
production of high quality engineered wood products to achieve optimal returns from FMU5."