MAXLAND BERHAD

KLSE (MYR): MAXLAND (7123)

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Last Price

0.06

Today's Change

+0.01 (20.00%)

Day's Change

0.05 - 0.065

Trading Volume

1,516,900


6 people like this.

11,424 comment(s). Last comment by whistlebower99 2 months ago

Halite

8,633 posts

Posted by Halite > 2018-09-12 14:15 | Report Abuse

that is why I am willing to bet and willing to wait for 1 year

if I do not see any prospect , 1 year later it is still that big that small, then 10 minutes i also not willing to wait

Halite

8,633 posts

Posted by Halite > 2018-09-12 14:18 | Report Abuse

I don't need you talk nicely to me
i only need you be my monkey
it is part of my trading plan
you have an important role to plan in the plan
if not , how am i going to live through 1 year without you playing monkey with me



Posted by mkmk > Sep 12, 2018 02:02 PM | Report Abuse

Talk to monkey n liar no need nice...

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 14:20 | Report Abuse

See monkey halite come to talk to me again... pity monkey...

Halite

8,633 posts

Posted by Halite > 2018-09-12 14:26 | Report Abuse

I talk to you because it is my trading plan
what i am doing is just following what my trading plan tell me to do

you talk to me because you do not want to admit you can't win me in the talk
you are angry , that is why you keep scolding me liar nothing new .

I believe there is any reader here understand why you called me a liar , because nobody is misled by me but many cut loss because of the fear you spread.

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 14:27 | Report Abuse

Monkey halite just like to talk to human and want human agree with it... pity monkey losing money...

Halite

8,633 posts

Posted by Halite > 2018-09-12 14:27 | Report Abuse

mkmk,

of course I am talking to you,
other than you who else willing to be my monkey


Posted by mkmk > Sep 12, 2018 02:20 PM | Report Abuse

See monkey halite come to talk to me again... pity monkey...

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 14:29 | Report Abuse

Monkey still talking to me... pity monkey losing money...

Halite

8,633 posts

Posted by Halite > 2018-09-12 14:30 | Report Abuse

talking to monkey is my trading plan
thing that i should do after taken up the position

you want to be my monkey and willing to make me happy
i call you god also not a problem,

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 14:31 | Report Abuse

Monkey halite still talking his trading plan to all human... losing money trading plan... pity monkey...

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 14:33 | Report Abuse

Monkey halite still talking to all human although making loss..

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 14:35 | Report Abuse

See the monkey halite still talking.... pity monkey losing money...

Halite

8,633 posts

Posted by Halite > 2018-09-12 14:39 | Report Abuse

hahaha.....
you can't fight back

now, you may go
when you come with better joke
then i will give you a banana


hahaha.....

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 14:39 | Report Abuse

see monkey halite wanna talk to human, pity monkey losing money..... kesian.....

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 14:45 | Report Abuse

hahaha, monkey halite tot human angry... still suka talk to human... kesian monkey losing money....

Halite

8,633 posts

Posted by Halite > 2018-09-12 14:49 | Report Abuse

today market looks like a crash

but look at PWI

in spite of so many bad news and fear spreaded by some monkey

the price still hold steady

that is a good indicator that 0.045 is already priced in all the negative news and fear

my trading plan is proven right and adopted by many readers here

Halite

8,633 posts

Posted by Halite > 2018-09-12 14:55 | Report Abuse

mymy,

please stop talking to me.
you are not my monkey now
you are a lousy monkey
keep talking the same thing

of course , i cant stop you keep on talking to me
since you love to talk to me so much
i will not read you comment
because i already told you
you are not a good monkey
睬你都是傻

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 14:57 | Report Abuse

see the monkey halite like to talk to me... kesian monkey losing money...

Halite

8,633 posts

Posted by Halite > 2018-09-12 16:35 | Report Abuse

Posted by Halite > Sep 12, 2018 11:18 AM | Report Abuse X

your can see it yourself

whole market is selling like going to crash

look at other counters you bought and PWI

0.045 already priced in all negative factors

without fmu5, pwi is still worth more than 0.045

what more if fmu5 is successfully complete

plus the china container flooring contract

the price is definitely not just 0.045

those who exit from here and enter somewhere else

are they better ?

they are crying for losing more now

just follow my trading plan strictly

you will sleep well, eat well, play well and all these good benefits come because you play the game right




Posted by Halite > Sep 12, 2018 01:48 PM | Report Abuse X

tiap tiap hari watching the price up and down can win big money meh ?

you should follow my trading plan :

REASONS TO BUY:

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

HOLDING PERIOD : 1 YEAR

TP : 0.08

EXIT PLAN: 0.08 OR 1 YEAR WHICHEVER IS EARLIER

How to protect your 1 year position ?
come to i3 to look for a good monkey to talk to





Posted by chickenputih > Sep 12, 2018 02:00 PM | Report Abuse

halite , my point of view ya . if buy at 4.5c , worst case lose all .
if win and sell at 8c , you only earn 3.5c ..
still not a good bet ya ..



Posted by Halite > Sep 12, 2018 02:12 PM | Report Abuse X

chickenputih,

not likely to lose all

the worst is the company fail in the acquisition of fmu5

even the acquisition fail, the company also did not lose anything

still can carry on with the normal operation as it is now ,

may be improved earning , because of the higher plywood selling price and demand

4.5 sen to buy a share in the company is too cheap to miss.

do not look down on the 3.5 sen gain

3.5 sen represent a 75% gain in 1 year .

i said 0.08 because the sentiment now is bearish and FMU5 acquisition is still in progress, not completed . if this deal goes through , then the TP is 20 cents at least , not 8 cents.



Posted by Halite > Sep 12, 2018 02:15 PM | Report Abuse X

that is why I am willing to bet and willing to wait for 1 year

if I do not see any prospect , 1 year later it is still that big that small, then 10 minutes i also not willing to wait

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 16:54 | Report Abuse

(1) Apr-Jun 2018 before crackdown, impacted by export ban only PWI recorded operating loss if you took out the fair value gain of biological asset...
(2) Concern on selling by major shareholders before result announced...
(3) Crackdown by authority in early July resulted in extraction volume of 5000++ m3, it continues until early September and the announcement made by PWI indicated that verification had been completed but operation had not been resumed as of that day...
(4) Possible losing of FMU5 if found guilty on illegal logging and other wrongdoing in acquisition of FMU5, which is described as GAME CHANGER by PWI...
(5) No update on the listing status of subsidiary at Spore raised concern on the payment of FMU5 acquisition price, possible further rights issue, etc... to dilute the share price..
(6) Funny accounting number such as tax expense for every quarter, no comfort with the numbers reported especially those involved judgement and estimates such as fair value of biological assets...

Sell down continues since delay of quarterly report... unknown huge disposal on last Friday.. still unsure if it is from major shareholders..

Beware, advise not to collect until the outcome of investigation is clearer..

samuel

659 posts

Posted by samuel > 2018-09-12 17:20 | Report Abuse

what with the unusual heavy tax ?? what cost that large amount of taxes compared to all previous report? When will be the report being audited?

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 17:46 | Report Abuse

U see q1-3 2018 tax is so few... then everything hit at q4... they didnt properly account for it lo...

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 17:57 | Report Abuse

See their AR2017 page 86, dont know how the number add up also...

Posted by stockjobber > 2018-09-12 18:04 | Report Abuse

Investing Rule No.1 : When in doubt stay away from the market/counter ; save the bullets to fight some other day

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 18:08 | Report Abuse

See AR2017 page 84 the planting expenditure on 1,798 hectare land and another dont know wat project... Q4 2018 fair value ard 120m.... fmu5 88,000 hectare fair value 390m/420m... dont know how the numbers come woh... too little info leh...

Posted by stockjobber > 2018-09-12 18:11 | Report Abuse

I myself incurred huge loss months ago (May) , bought in around @0.28++ only to sell 2 days later at 0.24++ (All transacted before RI); if I had held until now after RI the loss could be more than double

Halite

8,633 posts

Posted by Halite > 2018-09-12 18:15 | Report Abuse

Posted by mkmk > Sep 12, 2018 04:54 PM | Report Abuse

(1) Apr-Jun 2018 before crackdown, impacted by export ban only PWI recorded operating loss if you took out the fair value gain of biological asset...

HALITE : 1. export ban doesn't mean log can not be consumed locally
2. fair value gain is still a gain
3. not fair to judge a company future prospect just by 1 Q
operating loss and impact on profitability due to change of
government


(2) Concern on selling by major shareholders before result announced...

Halite : amount dispose is insignificant compare with his holding


(3) Crackdown by authority in early July resulted in extraction volume of 5000++ m3, it continues until early September and the announcement made by PWI indicated that verification had been completed but operation had not been resumed as of that day...

Halite : verification won't carry on infinitely because the government is also aware of the damage done to the company



(4) Possible losing of FMU5 if found guilty on illegal logging and other wrongdoing in acquisition of FMU5, which is described as GAME CHANGER by PWI...

Halite : Not likely , if there is any wrong doing it is not PWI , it is the seller , without FMU5 Pwi will not die, only miss to buy a good biological asset cheap , but it is done , the it is something like "Proton" turn into "Mercedes Benz"




(5) No update on the listing status of subsidiary at Spore raised concern on the payment of FMU5 acquisition price, possible further rights issue, etc... to dilute the share price..

Halite : wait ... in the process doing

(6) Funny accounting number such as tax expense for every quarter, no comfort with the numbers reported especially those involved judgement and estimates such as fair value of biological assets...

Halite : but the figure are true

Sell down continues since delay of quarterly report... unknown huge disposal on last Friday.. still unsure if it is from major shareholders..

Halite :of course. that is expected



Beware, advise not to collect until the outcome of investigation is clearer..


Halite : 0.045 is cheap , already priced in all the negative factors and fears . the company is moving in the right direction with sustainable positive profit and good news or catalyst to move the price a few 100%. it is a good risk to accumulate now , today trading is already a clear indication 0.045 is cheap.

Halite

8,633 posts

Posted by Halite > 2018-09-12 18:19 | Report Abuse

why bother if the figures are true
if the figure not true , then SC will go after them , why worry ?




Posted by mkmk > Sep 12, 2018 05:46 PM | Report Abuse

U see q1-3 2018 tax is so few... then everything hit at q4... they didnt properly account for it lo...

Halite

8,633 posts

Posted by Halite > 2018-09-12 18:20 | Report Abuse

you don't understand but the auditor and SC understand .


Posted by mkmk > Sep 12, 2018 05:57 PM | Report Abuse

See their AR2017 page 86, dont know how the number add up also...

Halite

8,633 posts

Posted by Halite > 2018-09-12 18:22 | Report Abuse

you are outsider , not their CFO , how do you know ?



Posted by mkmk > Sep 12, 2018 06:08 PM | Report Abuse

See AR2017 page 84 the planting expenditure on 1,798 hectare land and another dont know wat project... Q4 2018 fair value ard 120m.... fmu5 88,000 hectare fair value 390m/420m... dont know how the numbers come woh... too little info leh...

Sam1026

62 posts

Posted by Sam1026 > 2018-09-12 18:25 |

Post removed.Why?

Halite

8,633 posts

Posted by Halite > 2018-09-12 18:31 | Report Abuse

I also sold at a loss before right issue
I use the money to buy back now
because I know if I buy back now and able to keep for a longer period , I fix it 1 year or TP 0.08 whichever come first , I am still one of the big winner of this counter at the end



Posted by stockjobber > Sep 12, 2018 06:11 PM | Report Abuse

I myself incurred huge loss months ago (May) , bought in around @0.28++ only to sell 2 days later at 0.24++ (All transacted before RI); if I had held until now after RI the loss could be more than double

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 18:32 | Report Abuse

The monkey come back to reply me again... kesian monkey losing money...

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 18:34 | Report Abuse

Some monkey cannot explain my concern here then shouting here shouting there... at least my info from annual report, quarterly report and announcement... kesian monkey losing so much money... and never learn... kesian

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 18:36 | Report Abuse

monkey dont know how to count..

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 18:50 | Report Abuse

AR2017 pg 85 DEferred tax recognised for grp 2017 is 7,466,155. Pg 86 shows unrecognised temporary difference breakdown then total also 7,466,155... so 7,466,155 is recognised or not recognised... monkey pls enlighten human here... the casting of breakdown also not equals to 7,466,155.... dont know how it was present actually... one is recognised, one is unrecognised but total same...

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 18:53 | Report Abuse

So i nvr trust their number lo...

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 18:58 | Report Abuse

Pg 84 biological asset has fair value adjustment... but announcement claimed they just adopt mfrs141... so what is this fair value adjustment then? If they had been doing fair value before, y they still delay report coz of mfrs 141??? Another concern liao...

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 19:15 | Report Abuse

Pg 86 it indicated the deferred tax asset is recognised on the unutilised loss and unutilised reinvestment allowance due to that subsi has sufficient taxable profit... but that para also disclose 2017 tax loss higher than 2016 one... if have profit the number seldom will increase unless 2016 reported wrongly... but still have to really assess the possibility of utilisation... i also dont know how come a profit making subsi can accumulate such a huge tax loss... surprise...

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 19:18 | Report Abuse

Pg 87 finished goods at NRV... so means wat? Cost of finished goods higher than NRV? How to make profit?

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 19:21 | Report Abuse

Simply read read few notes also so many queries d and u still so comfortable with their number..

Halite

8,633 posts

Posted by Halite > 2018-09-12 19:25 | Report Abuse

long long ago,
a old human in china
the old man was so worry the sky will collapse one day
because he did not see any pillars supporting the sky
the old man was so worry that
can not sleep well , can not eat well , can not play well
one fine day,
his good friend Halite came to the house
alamak.....
this old man gila liao....
call everybody monkey
everybody who tell him the sky won't fall a LIAR.....

THE END .

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 19:31 | Report Abuse

Kesian monkey come out to lie again... where is the monkey’s fact???? Kesian monkey lose money... losing entire banana garden...

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 19:33 | Report Abuse

Monkey is very licik one... when it tells ppl buy it is actually disposing... but monkey also has religion de... a fake holy monkey... but really kesian...

Halite

8,633 posts

Posted by Halite > 2018-09-12 20:38 | Report Abuse

why ask me if you can not understand and refuse to understand
why not complain to the relevant authorities about their accountant does not know how to prepare the accounting report .
tell them specifically where and which data or information is wrong or misleading
ask them lah!
why non stop scolding people monkey here monkey there .
nanti people will scold you "jibet" again



mkmk: Simply read read few notes also so many queries d and u still so comfortable with their number..
12/09/2018 19:2

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 20:42 | Report Abuse

Lying monkey come to talk again... pity monkey cant answer and lose money... kesian monkey...

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 20:46 | Report Abuse

Dont know why monkey so interested with my comment... always come to reply nonsense... not productive... a lying monkey.... is kesian...

mkmk

1,514 posts

Posted by mkmk > 2018-09-12 20:48 | Report Abuse

Sometimes monkey also perasan ppl ask it... not that it can answer... but perasan... pathetic monkey...

Halite

8,633 posts

Posted by Halite > 2018-09-13 08:45 | Report Abuse

Today is good day for PWI
Those still holding must have faith and believe that company is indeed moving in the right direction.

FMU5 acquisition, China contract, high demand of timber product, heavy capexp spent in previous years on ppe to improve productivity, no more high capex in the near future other than Fmu5. Believe what you are doing is right.

We gain more than other because we dare to fail while others are fearful

Halite

8,633 posts

Posted by Halite > 2018-09-13 09:05 | Report Abuse

Never cry die like a monkey everyday,
That will invite bad luck
Common sense tells us
Positive energy invite success
Turn darkness into bright
Negative energy invite bad lucks
Turn success into failure

No one can predict the future correct
A strong man never expect he will die tomorrow
A sick man never expect he still can survive 10 more years

Why crying die just because you see a monkey has died

Never cry die

mkmk

1,514 posts

Posted by mkmk > 2018-09-13 09:09 | Report Abuse

(1) Apr-Jun 2018 before crackdown, impacted by export ban only PWI recorded operating loss if you took out the fair value gain of biological asset...
(2) Concern on selling by major shareholders before result announced...
(3) Crackdown by authority in early July resulted in extraction volume of 5000++ m3, it continues until early September and the announcement made by PWI indicated that verification had been completed but operation had not been resumed as of that day...
(4) Possible losing of FMU5 if found guilty on illegal logging and other wrongdoing in acquisition of FMU5, which is described as GAME CHANGER by PWI...
(5) No update on the listing status of subsidiary at Spore raised concern on the payment of FMU5 acquisition price, possible further rights issue, etc... to dilute the share price..
(6) Funny accounting number such as tax expense for every quarter, no comfort with the numbers reported especially those involved judgement and estimates such as fair value of biological assets...

Sell down continues since delay of quarterly report... unknown huge disposal on last Friday.. still unsure if it is from major shareholders..

Beware, advise not to collect until the outcome of investigation is clearer..

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