Hahaha, i dont buy woh... how many times u want i repeat? Y goreng down? Goreng up mah u... u no need goreng down.. somebody will.. u ready ur fund at 2 sen saja...
Don’t argue...prediction......need to keep this share more than 3months.... The whole world share drop.... it’s was not supprise the price will drop to 0.04 or 0.035.... keep reading negative comment, you can’t sleep.... But can make decision keep for Long term or goreng-goreng
Actually ... both of you argue just because of fear and lost, all prediction also possible, I keep this share so I must think positive, this share make a lot of people lose so they will look negative..... I only want to comment 1. “my view was just prediction, base on the previous company profile” 2. Assumptions the company still can operate normally
3. If you suspect this company was going to stop operation , cause of the logging activity suspended ... it can be acceptable but My opinion still have other business running and I think logging job not only one area going on.... 4. Just hope the company can recover.... if future they recover our profit will > double...... this share was high risk investment so the profit also high.... only can accept the risk you can reach the profit
KUALA LUMPUR (Aug 9): Timber and sustainable forestry firm Priceworth International Bhd announced today that its rights issue with bonus shares has been oversubscribed by 25.45%.
Of course the company is short of cash, if not they would not have called for RI so their financial position will improve after the RI
and i see the business prospects and earning potential is still good. Value has emerged at current price 0.045. It is a good bet
Sep 10, 2018 11:01 AM | Report Abuse X
Honestly speaking,
Looking at the financial statements I definitely will not buy this counter.
but my business sense tells me it is a good risk to take now because there are good news like FMU5 acquisition and China contract, hot demand for timber product selling at good price . moreover the current price of 0.045 which I believe have already priced in all the negative sentiment and now value has emerged.
Cyven, i agreed with ur way.... if u have faith u just keep it... whoever badmouth la watever la no need care coz u r not contra player.. after few mths and one year u can cash out with profit if ur prediction is right.. if it is wrong, u r steady with ur own prediction and responsible with own decision, take that as learning only... No need influence ppl no need lie...
Our argument represent view from 2 different camps. Optimistic and pessimistic view of the current development. If you follow through carefully you see we do talk about fact and data and future development and trading strategy. It is definitely not a quarell as you said because we did not use any vulgar word like" jibet ". after each session I do summarise all the important points of my argument. Whether you agree or not agree that is your choice.
I don't bother tomorrow good or bad I see the prospects and the potential is still intact. Company is moving in the right direction. Temporary set back is common and normal in any business endeavour. Life never move in straight, there is always up and down. The one who dare to fail is always win the most
I guess this is more political than economic , if the current govt of the day wants to kill the former govt business link, they have 1001 ways to do so by finding even the lamest excuse to disrupt the daily operation
Financially speaking if the timber business runs smoothly with no external disturbances, on the book vis-a-vis PE and future prospects, PWorth is worth much more than the present valuation; but as we know in Malaysia political power overrides everything
Stockjobber, obviously it is political motivated... just we not sure the outcome... if macc case and illegal logging case not fruitful, we dont know what else will happen... as u said, there are many ways... LHDN? Customs? Watever they can use if the ultimate purpose to let former gov’s crony die...
Obviously in Malaysia whatever biz you are in, you gotta have the blessings from govt else you are in wilderness, case like Supermax, even tho the company has been earning billions of foreign currency and providing thousands of job to the rakyat, once you do not toe the line, they will kill you even to the detriment of our economy and the welfare of our rakyat at large....cut off the nose to spite the face...!
i want to tell but not proper to say here what I can say is my cost is not far from current price i don't want to mislead you i have to tell you honestly, i do agree with my enemy mymy there are still a lot of uncertainties to be clear , but i am optimistic because i see the company is moving in the right direction so if you want to buy now , you must be prepared to hold for a longer period . i fix 1 year to achieve my exit tp of 0.08 , after 1 year i will cut win or cut loss
hope you find this advice useful .
Posted by newbie911 > Sep 11, 2018 10:42 AM | Report Abuse
Too many misleading guessing and fortune tellers here. It is better for newbies to avoid this forum traders view and make your trading decision based on information shared by blogger and company report.
If all the bad news already factor it, why shareholder keep selling ? It must be something very very bad going to happen soon. U think u are clever than shareholder and insider ?
1. 0.045 is cheap. 2. current price already priced in all the latest bad news 3. company is moving in the right direction for sustainable better earning
my trading plan
1. be prepared to keep for 1 year 2.exit TP 0.08 or 1 year whichever come first
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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 > 2018-09-10 13:41 | Report Abuse
You called me liar?
Wrong, wrong....
It is not you say, it it the readers here say
If it is you say, then you better call me superman or spiderman
Hahaha.....