(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..
(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..
Mkmk's advice is right. Wait for the result of the investigation. Everything seems muddy and fishy despite release of the financial result. Major and continuous selling at 0.04.
monkey comes reply me again... we are sharing our view also but some monkey just cannot allow ppl to share their own view... kesian monkey lose money.... lying monkey lose money...
monkey very funny.... not that investigation is fake... why it is unfounded?? there is a possibility wat... see monkey just like to lie... same thing, monkey can share its unlimited optimism also... but too bad the price doesnt move per its preferred direction currently... monkey panic.... monkey angry thats y monkey putting its anger on human... kesian money losing money... but after one year monkey will earn 100%.... or lost its entire banana garden...
monkey unable to explain the concern raised so it is panic now... very panic... doesnt act like a steady long term investor... dont fall into monkey's trap...
monkey tot it understand human, that's how it understand the share trading... dont know why monkey keep commenting here if it think readers here not blind.... what for keep commenting??? idiot monkey losing money... kesian
some monkey said buy 0.045 sell 0.05... same monkey said buy 0.045 hold 1 year sell 0.08... same monkey also said wait, dont buy now... really 孙悟空看我72变,变老千,变骗子,变破产。。。变变变。。。
In penny stock, we buy and sell as soon as possible. There is a "reason" why they are called pennystocks.This is no blue-chip stock. If you hold it for a year, you might end up holding for another 2 or more years. Look at Sanichi, DBE and etc for example.
Dan Lee, agreed.. for me, penny stock is more like a gambling actually... whether u gamble win or loss, not advise to hold for longterm... somemore there are so many issue surrounding this company... so many shares outside can hold for long term...
This is not for mymy unless what I said he feel the pain
自以为是 , 骂人为乐 看看你还能多贱 你要做贱自己 请自便 Carry on monkey You want to cheap sale yourself Nobody can stop you Nobody want to stop you You go ahead We see how far you can go. Deep in the night I hope your son will not be talking in the dream "Father, please do no behave so cheap You need not have to"
Others want to see a not monkey you But..... You can't Because can't resist my banana Monkey want me to praise him pandai
Learnt?
This is called the real kong fu of scolding people.
Just shouting, repeating the same story and use bad words, where is the standard.
dear investors, stay away from this counter for the time being, wait until the investigation outcome is known... assess the risk, dont blindly heard some monkey told good buy, hold 1 year, bla bla bla... potential investors beware....
some monkey come here is to con ppl... they dont disclose in full the potential risk.... but use their marketing strategy to attract you to buy... such as buy 0.045 sell 0.08 approximately 100% profit... they use this kind of psychology way to attract you to fall into their trap... when u r collecting, they are selling... beware...
We buy because value has emerged 0.045 already priced in all the negative factors All the uncertainties mentioned can anytime turn into strong catalyst to move the price sky high If I do not see the value and prospect, 10 minutes I also don't want to hold what more 1 year
First level thinking is buy when all uncertainties are clear,
Second level thinking is able to see the value well before it is clear
dear investors, some monkey will always use misleading information... nobody will know the current price has priced in all the negative factors or positive factors... perhaps the positive factors mentioned by some monkey already priced in since few months or few years ago... while the current status might not be stopped as long as the investigation of FMU5 still unclear.... we dont know if the price had already priced in all... so dont listen to monkey's comment, look at existing risk.... get rid of existing risk then only decide...
assess the risk urself, dont listen to monkey who always promote the counter.... such a gloomy outlook and high existing risk, investors should assess the possibility of gain or loss.... 0.08 in a year..... no basis... but if want to buy, dont buy first... coz monkey said wait.... perhaps wait till 0.01 then if u lose u also lose 0.01 la... lower risk when it is 0.01 as compared to now.... gain 100% when 0.02 by then, no need 0.08... coz maybe not yet 0.08 it drop back to 0.02 d...
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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 > 2018-09-13 09:26 | Report Abuse
We need both positive and negative view to make up our own view
But we definitely do not need a news that is telling us the sky will collapse
God never block one's way to success
It is you who believe the sky will collapse that miss all the good times in your life