Posted by mando > 2018-12-08 20:44 | Report Abuse

massive corruptions involved with the previous old guard....0.005 coming ??

Posted by Salsabila > 2018-12-10 09:38 | Report Abuse

hari ni pwort aktif

Posted by Derrick4896 > 2018-12-10 09:56 | Report Abuse

Today morning most of people buy at RM0.045

Posted by rijack88 > 2018-12-10 10:09 | Report Abuse

macam ada power sikit

Posted by tew kah > 2018-12-10 11:55 | Report Abuse

enjin start lo, train is going to north....

Posted by solcsy > 2018-12-10 12:04 | Report Abuse

Got high demand at 0.045 from buyer now

Posted by CHWong > 2018-12-10 13:41 | Report Abuse

i think may have new investor...... will anounce soon

Posted by Sk9864 > 2018-12-10 17:17 | Report Abuse

New investor sudah mari...

Posted by solcsy > 2018-12-10 20:02 | Report Abuse

和气生财的效果

Posted by solcsy > 2018-12-10 21:18 | Report Abuse

“Log shortage in Malaysia and Indonesia is grave and plywood mills struggle to keep their operations. “High log cost and low sales prices (of plywood products) put all the plywood mills in Malaysia and Indonesia in life or death situation,” according to the Japan Lumber Report (JLR).
“Log shortage in Malaysia and Indonesia is grave and plywood mills struggle to keep their operations. “High log cost and low sales prices (of plywood products) put all the plywood mills in Malaysia and Indonesia in life or death situation,” according to the Japan Lumber Report (JLR).

KUCHING: Log supply shortage is serious in both Malaysia and Indonesia, and this has forced some plywood mills to halt production.

“Log shortage in Malaysia and Indonesia is grave and plywood mills struggle to keep their operations.

“High log cost and low sales prices (of plywood products) put all the plywood mills in Malaysia and Indonesia in life or death situation,” according to the Japan Lumber Report (JLR).

In Sabah, the report said Sinora Sdn Bhd has stopped plywood manufacturing because of log supply shortage.

“Sinora has been supplying about 4,000 cubic metres of 12mm structural and concrete forming plywood a month for the Japan market,” added the bi-monthly trade journal on the Japanese market. The JLR report is reproduced in the latest International Tropical Timber Organisation (ITTO) Tropical Timber Market Report (Nov 16-30 issue).

Sinora is owned by Priceworth International Bhd .

In Indonesia, JLR said Korindo group had shut down one of its two plywood mills because of log supply shortage.

“Korindo is the only manufacturer of coated concrete forming panel for Japan and has been supplying about 7,000 cu m a month from two plants. It stopped the operation of KAS plant so the supply volume will be down by half.

“Korindo plywood mill is in tough shape with operational loss for three consecutive terms. It stopped the operation of KAS plant on Oct 23,” added JLR.

Korindo has been supplying about 10,000 cubic metres of concrete forming panel a month for Japan.

According to the report, Korindo has been buying small low grade logs for manufacturing concrete forming panel but availability of low cost low grade logs is getting tight. This is

because the Indonesian government restricts clear logging to develop palm farm and selective harvest makes it hard to buy logs under 60cm in diameter.

Korindo was reported to have accepted too much orders before log prices soared.

JLR said Korindo was dealt with another blow as the sales of its products to the Middle East market had dropped.

Figures revealed that Japan’s plywood imports from Malaysia fell to 68,600 cubic metres in September from 100,500 cubic metres in January this year while that from Indonesia dropped to 62,600 cubic metres from 80,000 cubic metres during the same period.

JLR said tight log supply was caused by tighter restriction of illegal harvest of timber and weather factor.

In Sarawak, leading timber group Jaya Tiasa Holdings Bhd has scaled down its plywood and veneer production, also blaming log shortage as the reason.

In the 12 months to June 30, 2018, the group’s plywood mills utilisation rate had fallen to 39% of installed capacity of 180,000 cubic metres per annum from 46% a year ago. This had resulted in the mills’ production to drop to 69,320 cubic metres from 82,685 cubic metres year-on-year.

According to JLR, Malaysian and Indonesian plywood suppliers have proposed higher export prices of their products with reduced volume due to declining log supply as rainy season approaches.

“In the past, plywood mills in producing regions build up log inventories before arrival of the rainy season but this year is different. With tight supply of logs even in summer months, mills are not able to build up inventories, so the offered volume is much less than normal.

“Also plywood mills sell some portion of logs for export to generate profits even when mills rely on log supply from its own timberland,” it added.

The report said ample log supply was expected for plywood mills after Sabah banned log exports six months ago but this was not the case, as in reality, log harvest was stagnant by investigation by the central government for illegal harvest and the situation is the same in Sarawak.

The Sarawak authorities launched a major crackdown on illegal logging activities and corrupt practices in the timber trade about five years ago and the campaign is still ongoing.

Malaysian plywood suppliers have proposed to raise the export prices of their products – about US$690 per cubic metres C&F (cost & freight) on JAS 3x6 coated concrete forming panel and about US$590 on JAS 3x6 uncoated concrete forming panel. The prices are both an increase of US$10 per cubic metres from September.

“Indonesian mills are following Malaysian prices. The export prices (from both countries) are expected to keep climbing during the rainy season due to low supply,” it said.

Posted by mkmk > 2018-12-11 13:14 | Report Abuse

So good or bad news?

Posted by azrul_muzamil > 2018-12-11 14:53 | Report Abuse

good news coming....

Posted by solcsy > 2018-12-11 15:02 | Report Abuse

Guys, you judge it yourself ya

Posted by mkmk > 2018-12-11 15:13 | Report Abuse

Solcsy, true...

Posted by solcsy > 2018-12-11 15:59 | Report Abuse

I put a fair statement on my above sharing, of course log supply shortage nowadays, but plywood export price to be raised which proposed by suppliers. It will ease current tough time in this sector.

Posted by Derrick4896 > 2018-12-11 16:57 | Report Abuse

Latest financial reports informed MCC return construction vehicle but no mention resume harvest.

Posted by mkmk > 2018-12-11 19:23 | Report Abuse

Solcsy, price of plywood is decreasing if not wrong... thats y manufacturer susah....
Derrick, if resume they will announce la i think... if nothing wrong, pwi should take legal action against the new government...

Posted by Sk9864 > 2018-12-12 00:24 | Report Abuse

Rumors...... otai returns

Posted by Derrick4896 > 2018-12-12 10:08 | Report Abuse

RM0.045 today got many people sapu.

Posted by azta12 > 2018-12-12 10:10 | Report Abuse

nice..add some

Posted by mudah288 > 2018-12-12 10:14 | Report Abuse

Technically, the base at .04 has being formed. Next target .05 to .055

Posted by azta12 > 2018-12-12 10:18 | Report Abuse

let see the 0.05 lvl cleared

Posted by Halite > 2018-12-12 10:24 | Report Abuse

thought can buy back at 3 cents
who know it is 5 cents
die not die ?
who had stolen my 1 cent
must be that naughty monkey

Posted by jeffng570 > 2018-12-12 10:24 | Report Abuse

go go go

Posted by solcsy > 2018-12-12 10:27 | Report Abuse

和气生财

Posted by solcsy > 2018-12-12 10:29 | Report Abuse

Pworth sure will come, be silent ya

Posted by Musangkingfarmer > 2018-12-12 10:31 | Report Abuse

I bought this share for more than one month already, then I sold half of the shares this morning at price 0.04 to buy airasia, and then pworth suddenly increase price, I think I have no luck in share market.

Posted by Sniper86 > 2018-12-12 10:34 | Report Abuse

who sapu my 4.5sen? good luck to you...wasted half a year on this stock and gained nothing

Posted by Digidigi5 > 2018-12-12 11:10 | Report Abuse

Sold all. The New gorv is saving the environment.

Posted by Nicholasming91 > 2018-12-12 11:50 | Report Abuse

Aiyoyo who buy so many ah, got insider news ah ?

Posted by stainlyho37 > 2018-12-12 12:07 | Report Abuse

somethings brewing..??

Posted by azta12 > 2018-12-12 12:14 | Report Abuse

today is just a pre amp..more to come

Posted by Salsabila > 2018-12-12 13:01 | Report Abuse

disposal of 600,000 ordinaryhare br MAHA GAYABINA

Posted by mkmk > 2018-12-12 13:18 | Report Abuse

haLIE y u sell hahahaha.... kesian eh u... i think u really dai sai...

Posted by Nicholasming91 > 2018-12-12 13:36 | Report Abuse

Rashid wanna take over the company ? Reverse RI ?

Posted by jeffng570 > 2018-12-12 14:42 | Report Abuse

sleep for so long d..time to wake up lor....go go go

Posted by Sk9864 > 2018-12-12 15:23 | Report Abuse

Rashid wanna sell, mr otai wanna buy hihi

Posted by winfly > 2018-12-12 18:16 | Report Abuse

Halite pernah comman sikit good new sj pworth akan fly! So skrg kita tgk betul x ....

Posted by mkmk > 2018-12-12 22:30 | Report Abuse

When buy up sikit all tot good news coming and chase to buy... wait la apa good news dulu... haiyoo... no announcement on resumption of logs extraction lagi pun... wait and see la...

Posted by jgykls > 2018-12-12 22:31 | Report Abuse

Lol ... think only me and junetan dumb dumb hold ... whatever the case lah .. down we go europe up also we go europe .. just leave it lah ... as Muhammad Ali once said "He who is not courageous enough to take risks accomplish nothing in life" ... i virtually written off my investment here any uptick is a gain for me hehehe ...

Posted by jgykls > 2018-12-12 22:41 | Report Abuse

After all we are buying a business ... risk is inherent ... so long there is possibility of it being a going concern risk is (price) worth taking ... let's see ...

Posted by solcsy > 2018-12-12 22:43 | Report Abuse

No worry, time will prove it whether counter will go up or down ya

Posted by mkmk > 2018-12-12 22:44 | Report Abuse

u guys on board d no choice la... just bok lo... bok win then win lo bok lose then suan lo....

Posted by solcsy > 2018-12-12 22:46 | Report Abuse

If a person not dare to take any risk, pls do let go first, don’t wait ya

Posted by CHWong > 2018-12-13 06:50 | Report Abuse

i think got ppl try goreng

Posted by Derrick4896 > 2018-12-13 06:57 | Report Abuse

Is that's year end window dressing?
Hahaha..

Posted by CHWong > 2018-12-13 07:24 | Report Abuse

target 0.14

Posted by Sk9864 > 2018-12-13 10:20 | Report Abuse

Rumors... agreed price 10sen

Posted by Derrick4896 > 2018-12-13 10:36 | Report Abuse

today no volume, yesterday is fake rise?

Posted by solcsy > 2018-12-13 11:46 | Report Abuse

No huge volumn transaction like yesterday doesn't matter, as long as can close it at 0.05 today.