Friday results show they achieved enough progress to claim first cash incentive from chinese govt. Status update shows pictures of newly completed bamboo factories. But I bet some ignorant people will still insist "no progress report on JCIPC deal".

Again old issue. Going concern matter already settled and cleared by auditors in 2018 and still bringing it up. I guess some people have nothing else to bring to the table. By the way, the new factory being built is precisely pursuant to the project signed with JCIPC. Still insist no progress report? LOL! Really clutching at straws. Don't be lazy, do some research.

Haha mikecyc has so many past posts removed, it is obvious he is nothing but a sour grapes troll. By the way, I have Opcom also, bought at 50c. We will see later who is laughing to the bank. Anyway, your points are meaningless. So what if he resigned as independent first and then came back as executive director? Maybe there is cooling period, I dont know. You could do some research. What point are you trying to make? If it's a doomed company like you say, would he leave then buy 200 plus million shares and come back as executive director? You are really illogical.

Independent n non executive director is resigned on 16/7/19?

Did you see follow up announcement after that? That person took up 200mil shares in Kanger and continues to accumulate up to this month. That's why he is no longer "Independent" director. In fact he is now Executive Director.

YanShan so old story still want to raise? See subsequent announcement. Compensation already received from China government and bamboo operations relocated to new factory in Jingzhou. In fact I believe they would have relocated anyway. So the compensation is a bonus LOL.

No progress report on project with JCIPC? Read last quarter announcement with status update. New Jingzhou factory already 50% built, by now should be almost complete. It says there trial production in May. Surrounded by mature bamboo for raw material. What more do you want?

Are some people illiterate or just plain lazy?? Maybe they missed the boat and now want others to sell down cheap. Anyway, they are welcome to sell. It's obvious this stock is undergoing aggressive accumulation by smart money.

KenWin28, looks like there are smart people who know how to calculate. Shakeout is over. Last Thursday vol spike is confirmation. Monday or latest Tuesday will fly.

tklim, yr targets 1 to 3 will all be blown out in one day. Straight tackle Target4 lmao...

I'm also trying to figure out why it's dropped so much. Probably due to expectations it's Cambodia airport operations will be affected by corona virus. However, if you look carefully, the stock started sliding way before this outbreak.

With China coronavirus scare, everyone will be staying indoors. Restaurant and cafe businesses will suffer greatly. Expecially like Starbucks, no one wants to be in crowded places. On the other hand, food delivery and ready made foodstuffs and ready mix beverages will boom. What to do everyday while sitting at home and waiting for conditions to improve? Watch movies and drink coffee / choco. Not only in China, where PWROOT's pre-packed Ah Huat white coffee is very popular and convenient, but also in Malaysia and Asia with Alicafe, etc. Next few quarters PWROOT sales should be booming.