hello guys, don't panic. Once Yayasan Sabah controls 30percent, things will be bright. Very bright. Furthermore, the FMU is planting of trees and harvesting the wood for export which is a very promising business. The NTA is 0.07 sen, twice the price. From studying the annual report, the company has many parcels of land. The recent sale of over 100 million shares, I think, is forced selling by the investment banks to meet margin calls.
I had keep accumulating from 5 sen, 4.5 sen, 4 sen till now 3 sen. Plan to buy more if 2 sen as well. Now is worse time for pricewoth but best time to me to keep accumulating more. I believe recently the price keep going down because of their MD and Maha Gayabina keep disposing for PP to innoprise.
Mutual Termination of agreement entered between PWI & Rakyat Berjaya Sdn. Bhd. But then,entered into an MOU between PWI & Hui Yang China Malaysia Sdn. Bhd. for Collaboration to Enhance Downstream Timber Products Innovation and Global Marketing Expertise Consultation So, it's a yay or nay?
The Board of Directors of PWI (“Board”) wishes to inform that the Group is currently servicing the monthly instalment as per the Bank's indulgence. The Group is also in the midst of identifying investors for the private placement as announced on 19 November 2019.
hmm... does not bode well with the cancellation of MOU and subsidiary being charged in court. So much of them settling this case. Wonder how long will they continue to suspend their license.
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Posted by LMN9997 > 2020-01-09 12:01 | Report Abuse
Dying 0.025-0.03 damn.