Posted by HITnRUN > 2015-07-27 14:01 | Report Abuse

entered @ 1.20, is it wise? who will be right?

Posted by Joel > 2015-07-27 14:53 | Report Abuse

Mieco Chipboard Berhad , the manufacturing division of the Bandar Raya Developments Berhad Group of Companies, was incorporated in 1972.
The Company was listed on the Main Board of Bursa Malaysia Securities Berhad in 1998.

MIECO commissioned its first production line in 1976, making it the pioneer in particleboard manufacturing in Malaysia using rubber wood, or now known as tropical oak wood.

MIECO has three factories located in Semambu, Gebeng and Kechau Tui, Pahang with a combined capacity of more than 900,000 cubic meters per annum.

MIECO also has the single largest particleboard line in the Asia-Pacific region, located at its latest plant in Kechau Tui, which started production in March 2005. This plant attained the BS EN ISO 9001:2000 and MS ISO 9001:2000 Quality Management Systems on 1 June 2005.

MIECO's particleboards, or sometimes known as chipboards, conform to international quality standards such as the European Community's BS EN 312 standard, applicable for both moisture-resistant and non-moisture resistant boards with E1 and E2 formaldehyde emission levels.

Under MIECO's Corporate Mission from being a plain particleboard producer in 1976, MIECO developed and expanded into value-added products such as MIECO Decorative MFC, Electron Beam Foil Chipboard and Polymer Faced Chipboard products,
MIECO Worktop, MIECO DPF Board, to value-added services and DIY furniture series under the MIECO Livin Style brand name.

Adding to the expanding list of value-added products, MIECO in collaboration with its technology partner from Pfleiderer, Germany, under its brand name, Duropal, introduced MIECO Decorative High Pressure Laminate Chipboard (‘HPLC’), with its unique properties of anti-bacteria, micro-PLUS, designed with special features of high gloss high abrasion resistance, and stone textures.

With the growing concern for the environment, especially from the developed countries, MIECO commercialised the production of the Super E0 particleboard in 2003, or referred to as the F-4 Star grade in Japan, designed with very low formaldehyde emission.

In 2004, MIECO became the first company in Malaysia’s wood-panel industry to receive the prestigious BS EN ISO 14001:1996 Environmental Management System accredited by Lloyd's Register Quality Assurance.
In line with this, MIECO also successfully attained the certification for the Occupational Health and Safety Management System 18001:1999 in March 2005.

Having established a dominant presence in the domestic market, MIECO went on an export campaign in 1995 and today, it is exporting to over 20 countries including China, Taiwan, Japan, Korea, Hong Kong, South East Asia, the Indian subcontinents, the Middle East, Africa, and the Australasian countries.
In anticipation of the economic expansion in China, MIECO set up a representative office in Guangzhou, China and a regional office in Hong Kong in 1999 and 2000 respectively.

With the expanded capacity, MIECO will be a force to be reckoned with in the Asia-Pacific region and is set to be a major player in the particleboard industry.

Posted by Joel > 2015-07-27 14:54 | Report Abuse

MIECO 的大股东握56.76% (也许目前已经增加了)
还没计算你我retailers & Institutional funds的票数呢！
估计市场上应该还剩下约25% + - 股票流通量。
（试想一想，来到10-12月呢？）

换句话说，市场上的股票数量一天比一天越来越少。
你知道吗，institutional funds/fund managers 纷纷的都避免重量级股项如;Tenaga, Bursa, UMW, Skpetro, Umwog,CIMB, SIME,ARMADA,AIRASIA, 等等。


您是否发现有些股为何涨了很多在短期内呢？
曾经读到有几个i3investor 的人gave comments/said like that:“overbought, oversold”，企图制造混乱他人情绪，结果傻傻的作出决定。
当中必定有原因：
原因1：因为多数人在握票(或相反)
原因2：少contra kakis (或相反)
原因3：买卖，前前后后都得被remisier 抽佣金。（它们当然
鼓励我们买卖的啦）
HEVEA,EVERGRN, MIECO, MINHO 就让它们健康成长吧！


举个例吧：
August 2014, HEVEA 股价为RM1.38。有谁在那时期已rm1.38 买入100 lots HEVEA 呢？
本钱：100lots@RM1.38 = RM138,000 加上remisier 佣金与其它之类的钱大约RM800.40， 总本钱为RM138，800.40

今天的HEVEA， 来到RM3.80，
(而且已经share splited了呢！)
相等于RM380，000
扣掉remisier 抽佣金大约RM2204 （包括其它的）
= RM377，796
RM377，796 – RM138，800.40 = RM238，995.60
如果那个人有耐力握至今天（从August 2014-July 2015）
9个月里，Profit Gain with RM 238,995.60
我觉得进入，卖出重重复复的with HEVEA/别的股项都不会gain 到这个数目吧！

提醒一下：

（MIECO 与HEVEA are same Chipborad Business Industry!）

Posted by Alex Chan > 2015-07-27 15:32 | Report Abuse

ready for the collapse?

Posted by AdCool > 2015-07-27 15:39 | Report Abuse

monitor for 2 more days and see if it is back to down trend. If yes, then no more goreng goreng. game over.

Posted by ccp78789 > 2015-07-27 15:43 | Report Abuse

whole market turn red again..

Posted by AdCool > 2015-07-27 16:04 | Report Abuse

thanks to Fed meeting on Tues and Wed. Always the same. Dun bother

Posted by Joel > 2015-07-27 16:06 | Report Abuse

今天全场是IKHMAS 的表演。几乎所有股项走势平淡。

Posted by Joel > 2015-07-27 16:06 | Report Abuse

简直是全场总冠军@IKHMAS！

Posted by Joel > 2015-07-27 16:08 | Report Abuse

人都是贪新鲜的@新马桶.

Posted by chy72 > 2015-07-27 16:56 | Report Abuse

syf merge with mieco?good or not?or just goreng syf

Posted by chy72 > 2015-07-27 16:57 | Report Abuse

how u think joel....?

Posted by FullTime > 2015-07-27 20:32 | Report Abuse

look like Mieco will merge with SYF is true. current major shareholder oredi exit the company to make way for mieco to merge with SYF . http://www.bursamalaysia.com/market/listed-companies/company-announcements/4811721

Posted by ChartMaster > 2015-07-27 20:34 | Report Abuse

great , the prices will fly.

Posted by hissyu2 > 2015-07-27 20:42 | Report Abuse

Sifu-sifu, can explain why?

Posted by FullTime > 2015-07-27 21:03 | Report Abuse

D major share holder of mieco is Dato' Mohamed Moiz Bin J M Ali Moiz who is also the major share holder of BRDB & Ambang Sejati . Dato'sMohamed Moiz Bin J M Ali Moiz had setup a company called Purnama Kuantum Sdn Bhd (PKSB) to take over Mieco early this year. this exercise is as good as transfer a company from right hand to left hand but same boss. now this agreement is terminated. That also mean there will be a new buyer to take over Mieco. but not sure the buyer is Thong KOK kooi.

Posted by FullTime > 2015-07-27 21:10 | Report Abuse

http://klse.i3investor.com/blogs/DannyTanSiongKee/80338.jsp

Posted by FullTime > 2015-07-27 21:17 | Report Abuse

with the termination , the major shareholder for Mieco now go back to BDRB and Ambang Sejati , of which Dato Mohamend Moiz are the major shareholder ( same shareholder ). For them to transfer Mieco back to BDRB , the only reason is that someone offer to buy or take overr Mieco. sld be able to seee the announcement this week.. by then the exit price will be RM2.20 .

Posted by FullTime > 2015-07-27 21:38 | Report Abuse

Dato'sMohamed Moiz Bin J M Ali Moiz's profile


Director
Ambang Sehati Sdn. Bhd.
2000-Present

Non-Independent Non-Executive Chairman, Member of Remuneration Committee and Member of Nomination Committee
Bandar Raya Developments Berhad

2000-2015
Non Independent Non-Executive Chairman and Member of Executive Committee
Mieco Chipboard Bhd

Posted by hissyu2 > 2015-07-27 21:45 | Report Abuse

so, Mieco price should shoot up??

Posted by FullTime > 2015-07-27 22:04 | Report Abuse

收购传闻推动美固木合板扬至5年新高
By Gho Chee Yuan & Sangeetha Amarthalingam / theedgemarkets.com | July 7, 2015 : 5:51 PM MYT
http://www.theedgemarkets.com/my/article/收购传闻推动美固木合板扬至5年新高?type=News

（吉隆坡7日讯）收购传闻今日将美固木合板（Mieco Chipboard Bhd ( Financial Dashboard)）股价推上新高。

联昌国际投资研究资深分析员Marcus Chan告诉theedgemarkets.com说，市场流传美固木合板可能被一家本地公司收购，这可能促使股价上涨。

“我不知道这会否发生，但这是股市传闻。这应该是本地的并购活动。”

“我们刚完成股东常年大会。我们向股东汇报公司最新的进展，这可能增加了股东的信心。”

美固木合板主要业务是生产刨花板，这通常是家居和办公室家具的主要材料。

该公司在截至3月31日的首季转亏为盈，取得320万令吉净利，相比上财年同期净亏317万令吉。

首季营业额达8028万令吉，比同期的7575万令吉增加6%

Posted by Joel > 2015-07-27 22:05 | Report Abuse

Yes, hissyu2.

Posted by ChartMaster > 2015-07-27 22:11 | Report Abuse

no wonder this morning the price oredi hit new height of 1.22 , but the price retraced due to china sell down. if not , i think today Mieco cld have reached RM1.30

Posted by Wikiileaks > 2015-07-27 22:12 | Report Abuse

High volumes

Posted by ChartMaster > 2015-07-27 22:12 | Report Abuse

look at the chart base on today closing , uptrend is still intact. sld be moving upward.

Posted by PN17player > 2015-07-27 22:34 | Report Abuse

the new buyer will appear soon. but if the exit price is RM2.20, the new buyer sld have started to enter market to average its exit price.

Posted by hugosim > 2015-07-27 22:47 | Report Abuse

How to know the exit price is rm2.20

Posted by hissyu2 > 2015-07-27 22:53 | Report Abuse

wonder if SYF will up also... i just sold all... >.<

Posted by hockhuat > 2015-07-27 23:02 | Report Abuse

syf up???....kuantum puniahma also cabut already....what u waiting for man??..you waiting for syf to puniahbo at 0.40 cents only cut loss ah??...hahaha....

Posted by FullTime > 2015-07-27 23:02 | Report Abuse

RM2.20 cos firstly , this is profit making company , http://klse.i3investor.com/blogs/DannyTanSiongKee/80338.jsp

Posted by hockhuat > 2015-07-27 23:11 | Report Abuse

yeah yeah....a lot of companies also profit making...else all long time become pn17

Posted by hugosim > 2015-07-27 23:12 | Report Abuse

Wow. This is really insider insider news? What we waiting for????

Posted by FullTime > 2015-07-27 23:16 | Report Abuse

trade at yr own risk, but for sure, anyone also interested to buy over Mieco.

Posted by ChartMaster > 2015-07-28 00:20 | Report Abuse

if next few day it can break 1.30 , it will be heading to 1.80

Posted by kepo > 2015-07-28 02:35 | Report Abuse

Just a rumour.. It's still not yet being verified.

And also,
DannyTanSiongKee never reveal the reliable source,
he just simply spread news without provided convincing source from.
His i3 Account is purposely using for spread this news "ONLY" with agenda, Hmm... :
http://klse.i3investor.com/blogs/DannyTanSiongKee/blidx.jsp

As I can see there's some i3 Account here are
manipulated and purposely using for
releasing some "news"
and keep "repeating comment" on same topic issue with agenda,
they usually focus and very active keep comment on very few certain counters only.
It's suspicious...

Guys,
do trade cautious especially at current unstable market right now.

Posted by 林俊松 > 2015-07-28 09:33 | Report Abuse

Correction!!!
Should I cut loss at RM1?

Posted by chy72 > 2015-07-28 09:34 | Report Abuse

drop gila gila after this tan siong kee posted.this tan siong kee very terribel spread no ggod new rumuos

Posted by chy72 > 2015-07-28 09:35 | Report Abuse

if you long term no need worry loh

Posted by chy72 > 2015-07-28 09:41 | Report Abuse

panic selling...what happen?????

Posted by chy72 > 2015-07-28 09:43 | Report Abuse

just bought back 1.05......

Posted by HITnRUN > 2015-07-28 09:43 | Report Abuse

this tan siong kee is a gay..got no balls

Posted by FullTime > 2015-07-28 09:45 | Report Abuse

Rebounce now., the termination agreement is from right to left, it was a trap for people to throw.

Posted by HITnRUN > 2015-07-28 09:46 | Report Abuse

FullTime, what do u mean?

Posted by Edwinyee826 > 2015-07-28 09:48 | Report Abuse

Effected by America news ?

Posted by SeiZai > 2015-07-28 09:49 | Report Abuse

hevea is kind of stable compare to mieco.

Posted by FullTime > 2015-07-28 09:49 | Report Abuse

no , Mieco returned to BDRB. but mieco and BDRB are same boss, no impact.

Posted by sani_sini > 2015-07-28 09:50 | Report Abuse

its okay. yesterday bought at 1.13, today bought more at 1.05. I still believe in Mieco. Great time to average down

Posted by chy72 > 2015-07-28 09:52 | Report Abuse

look like big player want to collect cheaper....block at 1.10.....

Posted by FullTime > 2015-07-28 09:52 | Report Abuse

me too, I bought 1.09

Posted by sani_sini > 2015-07-28 09:57 | Report Abuse

So far still making a net profit on Mieco, BUT the YOYO daily fluctuations of MIECO really give me heart attack three time a day. hahahahahha