Dyson also exploits cheaper costs of doing biz by moving from UK by avoiding higher taxes and labour in UK and to be nearer to its cheap suppliers. Certainly Dyson can not say they really care about ESG issues but in reality only care to maximize profits. Just ask what people in UK said about Dyson moving out of UK to Asia. It certainly not that Dyson really care about its employees and obligations to pay fair taxes in moving away from UK.

Wonder why people like Andy Hall do not raise similar issues on labour in country like Bangladesh where we are sure the working conditions and salaries are not better than here. Bangladesh produce and export a lot of garments for well known international brands.
This also a good lesson for our companies that before this always tend to prefer foreign labour to locals and not investing enough in high tech to replace or reduce labour requirements. If foreign labour are needed in the future, better to import from neighboring countries, not from far away places to avoid similar problems.

This counter is not the type that will simply go limit up and then limit down. WZ1 is in the process of changing it's biz direction with the entry of new biz together with impressive new shareholders. This will bode well for WZ1 going forward!

Just wondering why this Andy Hall so concerned about foreign workers here? Why don't he take a look at the issues of labour in say Bangladesh, India, Nepal act ? Who actually pay him? Surely he does not do it out of good intention using his own money, after all he has to earn a living and he has a good and expansive lifestyle to fund unlike the typical cheap labour!

On the other hand, these workers are not grateful that they get employment in Malaysia and no body were forcing them to come here to work here. Most of the exploitations were actually done by their own fellow country men during recruitment that involve among other thing lending money at usurious rates to these workers.
In their own countries these so called forced labour can't get jobs and the working conditions are far worst than here.
I must state that I am against any forms exploitation, and labour must be treated with respect and fairly paid. What is surprising however, many well known international clothing brands for example, are using very cheap labour working in horrible and unsafe factories in for example Bangladesh and elsewhere too, but we don't often hear from these importer countries banning these imports?

Delay in getting cash due to Bursa was closed on 3 Dec. Thank to not so clever minister. Government servants have been staying at home due to cover 19 for almost 2 years, but still want to declare another day off?

@Johnzhang,PP investors are not simpletons otherwise how come they got chosen and able to subscribe those new shares? Just take a look at the stock price of Cyparks. What if these investors sold their shares or short them when the price were above the current low price just quite recently and then cover or buy back via PP. We know the price for PP share will always be at a discount and the management can wait for the "right price" to fix the PP share's price.

Availability of cheap labour will not encourage the industries to be more efficient and investing more in technology. Salary for labour has not kept up with the cost of living and the gap between the workers at the bottom are huge and the gap continue to increase. These issues if not recognized and addressed urgently will have social, economic and political consequences, sooner or later.

Malaysia addiction to foreign has been mentioned again and again for many years already and yet we continue to have more and more foreign laborers despite the fact that many Malaysians are jobless.
Many employees prefer to employ foreign workers as these workers can be easier to control apart from being "cheap". In addition there exist an industry to supply labour to countries like Malaysia. There are many recruiting agents in both in Malaysia and in the foreign labour countries that greatly benefit from import and export of labour. Even the medical sector that provide health screenings and testings equally benefit from this industry. And of course some politicians and even civil servants had some thing to gains in the biz of foreign labour.
A lot of people apart from employers themselves got some thing to gain from this biz of foreign labour. No wonder Malaysia continue to prefer foreign labour. Yet many of our own people are working in foreign countries like Singapore, Australia etc.

Just keep in mind that Mustakim is the one running the show in KPower!

Are we sure that Mustakin is the one being conned? Not the many of us that simply believe without thinking and greedy are the real ones being conned? Conned by our own naivety and greed!

In investing or biz, just like in our own life, sometimes we win, other times we lose. Must accept the reality and move on.

We should move on to find similarly misunderstood and hence likely undervalued like MMC. Fortunately there are a no of them but most people are attracted or prefer to chase whatever popular or the stock du jour.

Never let emotions and irrationalities guiding your investments. Let others lose their heads but keep yours' !

Continued aggressive buying by Chen Khai Voon !

Safer and better to accumulate on way up, avoiding catching falling knife !

Cheap ESOS at 59.5 only

Many innocents were attracted with similar companies like KPower. May be they expect the company can do magic within a very short time. Very surprised that many had chosen to ignore well tested companies that also participate in green energy space for already some time.
May be this is a good lesson for us not speculate blindly with full emotion and ignoring the likely reality on the ground. Even if we had chosen to use only our common sense, we would likely start questioning how can this company suddenly got so many contracts all over the places within such a very short time period?

@ SincereStock. You claim you are new but your thinking is very rational and unemotional and I certainly believe you will do well investing in the stock market
There is no guru or sifu to follow but must chose what ever style that are most suitable for your own situations and inclinations.

When investing in a company, we must look to the future and any thing in the past would likely to be fully discounted.
I believe the new biz together with new impressive shareholders will bring WZ1 to a good future.

Most put the value on MMC at least RM 3.50 or even more. Those who are intelligent and patient enough to invest in MMC had harvested good gains and let us move on to other equally, if not more , undervalued counters. And fortunately there are many still around !

Well don't blame any body for taking a good but much undervalued company such as MMC private. Many had chosen to invest or speculate companies with no real biz and ignore companies with excellent biz.
Still there are many much unappreciated and hence undervalued companies still remain listed. Try to understand their biz and biz models and the impacts on their capital structures and cashflows. Don't just simply assume companies with heavy borrowings and with negative cashflows are bad.

A beginning of a down trend ?

Those working for the activist and whistle blowers are foreigners who are already working inside the companies.

Insiders had already began dumping the shares from 15 November already and many innocent ones must have been collecting those shares!
Regulators must investigate any possible irregularity in trading if it want to keep market fair and orderly.

Almost all sellers qeuing up to sell at lowest price! Forced selling will cause more forced selling. Horrible scenario.

To avoid or minimize possibility of investing in companies that may be affected by foreign labour issues, best to avoid export based companies and stick to companies that don't export their product overseas especially to more developed countries.
There are many undervalued stocks currently. It is a buyer's market now.

The whole market being dragged down as there must be other companies will have issues on so called "forced labour".
The corporate sector must rethink on employing cheap foreign labour which later on proved to be troublesome and expensive. Government and politicians must take some responsibility for continuing allowing companies to get cheap and easily exploitable foreign labour. There were some politicians making big money in import of foreign labour.
Availability of cheap labour will not encourage the industry to be modernized and efficient. May be industry that need cheap unskilled labour should move out to where the cheap labour are available.
Malaysia will never move up economically if we continue running industries based on unskilled cheap kuli.

So far it seems that those companies that employ laborers from India Subcontinent are being targeted regardless of which industry these companies operating. Both low tech and high tech companies are victimized.

Irony isn't it. These so called exploited laborers come from the countries that has worse working conditions. They would be lucky in their own country if they can get any job there.

Must understand it is the foreign workers themselves than complain of mistreatment.

Even if ATA has many other customers, all of them will stop their relationship as well. So no advantage if you do not comply with certain requirements.

Nothing wrong having a big first class client or customer as your major customer but must make sure your company comply with accepted practices, not exploiting cheap poor foreign workers. ATA gets what it deserve to get!

Fully support your idea keown83. Our companies with the support of some politicians are in complicit to get cheap foreign labour in preference to locals. Cheap and easy to exploit poor foreigners and this been going for so long already. Must put to a stop. These companies are greedy and the politicians are corrupt.

@Sneakpeek. Just look back at previous comments and use your own wise judgement!

Continuous heavy dumping of KPower by the big boss !

Any one taking up Rights Issue ? Not attractive at all. Wonder who would subscribe?

Just take a look at the major share holders both the old and the new ones. They are nothing less than impressive.
The new entry of new biz and new major share holders will definitely bring WZ1 to a new beginning.

Just hope that some people don't confuse Pestech with Pantech?.......

Major shareholders are buying and mopping up the shares!

So far KPower acts mainly as a contractor not a developer to amazingly large no of hydro projects won locally and overseas within a very short stint in time.

Just pity those who subscribe to more than 90+ millions shares at 68 sen in Oct 2021!.....

15m shares done today off market at40 sen !

Still just wondering what caused the price to go south last week?

However Tanco may find itself embroiled in the sand and land reclamation issues.

@greenland, I fully agree with you. The biz and the biz model of Pestech is excellent.

New shareholder will definitely will bring a positive change. For Benalec, any change can only bring a good fortune going forward.

Continuous issuing of new shares via PP is not fair to the existing share holders as their interest will be diluted. One likely reason why Cypark share price continue to be weak.
Once Cypark stop issuing new shares via PP or cheap ESOS, the price will likely to surge up as the company is much undervalued at current price level.

Sooner or later, we will know the likely reason or reasons for the falls in price.

Any change can only be negative not positive.