The "only idiot" no more type in his last msg (2/10) these phrase, at the beginning :
1/10 : Only idiot wont play 30/9 : Only idiot dont play this stock 29/9 : Obly idiot ignore this counters 28/9 : Only idiot dont play this counter 26/9 : Only idiot ppl dont play this counter
May be now he realize, he is what he described : the "only idiot'???
Everyone know this is a goreng counter. For those who made, congratulation. For those who didnt make, hold on and hope for next round goreng to get back your capital. Pray that the syndicate come back goreng soonest,if not you may need to wait for 2-3years....
Only idiot buy Nestle I bought 60 during 2016. Now only 145 How long should keep If buy PRG , now 0.97, tmr 1.23 Now 0.82, tmr 1.23 So only idiot dont play this counter Buy low sell high , only idiot Johnny dont know buy low sell high
Only idiot dont know can make money when buy low sell high....
BUT PLEASE DONT CALL others IDIOTS when we dont agree with your recommendation.
Free to express opinion but dont BURN others when there is disagreement. That all trying to point out Cantonese saying : 面是人家啤的, 袈是自己丢的.
Invested and accumulated Nestle from rm25-50 when I am young age. Now I have 5 lots. Yearly receive more that rm10K+ dividend. As a retired person, that is one of the best investment.
That is not only idiot but .......(words cannot describe such stupidity moron)
You slowly wait for your 1.22. Wish you all the best....
ONLY syndicate will promote this counter so that they can make big bucks and those who listen & follow, fall into the trap and get money tieup. Seem too many thru out my investment years.
Anyway, high risk high gain. If someone is gambler, perhaps that suit their taste. Wish them good luck je.
KUALA LUMPUR (Oct 8): PRG Holdings Bhd, which is mainly involved in the manufacturing of webbings, furniture components, other fabric items, as well as the property sector, is now venturing into the timber export business as a means to diversify its revenue stream amidst an economic slowdown.
The loss-making group said its financial performance has been volatile due to the decline in sales of its elastic textile and webbings products as well as the slowdown in the Malaysian property development and construction industries.
Today, the group secured its shareholders' approval to buy two teak tree plantation lands, measuring 364.79 hectares, worth RM89.2 million, located in Kelantan, from Alifya Forestry Sdn Bhd.
The first land parcel in Jajahan Gua Musang (PT 4921), measuring 137 hectares, is an agriculture land with a 50-year leasehold period expiring on June 21, 2053. While, the second land parcel in Jajahan Kecil Lojing (PT 12), measuring 227.79 hectares, also has a 50-year leasehold that will expire on Aug 7, 2066.
"The board is of the view that the proposed acquisition represents an opportunity for PRG group to expand its revenue and profitability through the harvesting and logging of the teak trees already planted within the lands," PRG director of corporate affairs Hannon Cheah told reporters after the group's extraordinary general meeting earlier.
The acquisition will be satisfied via a combination of RM59.2 million cash as well as the issuance of 40.3 million new shares at an issue price of 74.45 sen each amounting to RM30 million.
Cheah said PRG's unit PRG Agro Sdn Bhd has already received an offer from a local company to purchase timber harvested from the land.
"The estimated volume of timber on the lands is 150,000 cubic metres (based on raw log format) and it generates a potential value of RM180 million based on the value per cubic metre of RM1,200.00," he said.
Cheah added that the group is also looking into exporting harvested timber to China and India in the near future.
He said so far the group has obtained a Foreign Activity Permit to harvest the teak trees on one of the parcels of land, and will make a submission for a permit for the subsequent parcel in due course.
Prior to completing the harvesting of the teak trees, PRG Agro will evaluate market conditions and growth prospects before opting to either replant the lands with new teak trees or introduce new commercial crops, Cheah added.
At the midday break today, PRG shares added 0.52% or 0.5 sen to 96.5 sen for a market capitalisation of RM350.3 million.
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....
Wil789
174 posts
Posted by Wil789 > 2019-10-02 18:17 | Report Abuse
Buy 0.96
Sell1.20
Buy 1.05
Sell 1.23
Buy
0.89
Sell
1.23