Posted by Bigbro > 2017-12-25 14:57 | Report Abuse

up up mieco up

Posted by Mohd Fahmi Bin Jaes > 2017-12-25 15:09 | Report Abuse

Correction

Posted by matkilau > 2017-12-25 15:26 | Report Abuse

Correction?

Posted by Bigbro > 2017-12-25 16:29 | Report Abuse

up up mieco up...
up up mieco up, VenFx aka 3iiisupervirus account terminated. tomorrow mieco sure up

Posted by Bigbrother > 2017-12-25 16:36 | Report Abuse

mieco sure up

Posted by Bigbrother > 2017-12-25 16:40 | Report Abuse

VenFx aka 3iiivirus aka 3iiisupervirus account terminated. hahaha

Posted by stockintalk > 2017-12-25 18:23 | Report Abuse

反思：
In the FYE 31 July 2014, Great Platform recorded net operating loss of approximately rm1.2 mil. However, in the subsequent financial years, Great Platform managed to generate net operating profits of approximately rm0.67 mil, rm3.0 mil and rm5.39 mil for the July 2015, FYE 31 July 2016 and FYE31 July 2017 respectively.

Great Platform is currently operating from its TWO plants, namely Gemas Plant and Simpang Pertang Plant. The maximum total combined production capacity of these TWO operating plants is approximately 180,000 cubic metres per annum, of which the current production output is at approximately 140,000 cubic metres per annum. Presently, Gemas Plant which produces particleboards is operating at 100% of its maximum production capacity 80,000 cubic metres per annum whilst Simpang Pertang Plant which produces MDF , is operating at 60% of its maximum production capacity of 100,000 cubic metres per annum.

On 10 June 2016, Great Platform had entered into a sale and purchase agreement with Elepias Industries Sdn. Bhd. For a purchase of 7 adjoining parcles of freehold agriculture land measuring approximately 16.2102 hectares together with factory , warehouse buildings erected theeon at Mukim Rompin Daerah Jempol , Negeri Sembilan, Malaysia at the purchase price of rm13,750,000 of which this ACQUISITION was completed on 13 June 2017.

Subsequently, on 13 January 2017, Great Platform entered into sale and purchase agreement with Maju Weko Timber Industries Sdn.Bhd. for an ACQUISITION of THREE parcels of freehold industries land measuring approcimately 8.6820 hectares , together with buildings and structures erected thereon at Tempat Intan Road, Mukim Gerik Daerah Hulu Perak, Perak Malaysia for a total consideration of rm15,500,000.of which this ACQUISITION was completed on 15 May 2017.

The aforesaid TWO trancactions were undertake as part of GREAT PLATFORM ‘S Future Expansion plans to Increase its overall Production capacity. The current Production output of Great Platform stands at 140,000 cubic metres per annum representing approximately 77.8% of its maximum production output of 180,000 cubic metres per annum.

As such, the newly ACQUIRED assets are expected to serve as new sites for the operating plant of GREAT PLATFORM with the intention to further expand its total production capacity moving forward!

In addition, GREAT PLATFORM would be able to leverage on the strategic locations of these newly acquired assets within are expected to enhance its operational efficiency as these assets are located within the vicinity for raw materials supply such as rubber woods and timber raw materials.

As the business activities of Great Platform is of similar to MIECO Group’s business activities. With the participation of Great Platform in MIECO Group through the Proposed Transaction, it serves as an opportunity to MIECO for its immediate expansion of production capacity. In addition, MIECO would have the opportunity to enter the existing customers base on Great Platform such as MDF market. With the combined customer base between MIECO and Great Platform, it also allows them to cross sell their products to a wider customer base thus increasing the market presence of the enlarged MIECO GROUP.

The Proposed ACQUISITION is expected to increase the annual aggregate production capacity of the enlarged MIECO Group from approximately 900,000 cubic metres to approximately 1,080,000 cubic metres ( assuming that Great Platform operates at its maximum production capacity of 180,000 cubic metres per annum ) and to enable MIECO to enter into the existing customers base of Great Platform.

Posted by 3iiii > 2017-12-26 11:26 | Report Abuse

All died

Posted by 3iiii > 2017-12-26 11:27 | Report Abuse

Sell before too late .

Posted by 3iiii > 2017-12-26 11:35 | Report Abuse

9494

Posted by 3iiii > 2017-12-26 11:45 | Report Abuse

What r u waiting. Run and sell. No hope will drop soon

Posted by 3iiii > 2017-12-26 11:47 | Report Abuse

Tsunami will coming here

Posted by Mohd Fahmi Bin Jaes > 2017-12-26 11:54 |

Post removed.Why?

Posted by christophertopher > 2017-12-26 12:23 | Report Abuse

Ya, run.
Run up to rm1.00

Posted by 3iiii > 2017-12-26 12:32 | Report Abuse

Wa ki ki wa ki ki laugh die me

Posted by 3iiii > 2017-12-26 13:30 | Report Abuse

No body here, all run and sold. Good

Posted by erokun > 2017-12-26 16:05 | Report Abuse

ok good, can start buying now.. haha..

Posted by SuperPanda > 2017-12-27 13:40 | Report Abuse

already down 30% only want to run.. its a buy call now.. jst wait few wks more to see it up, if not up then review

Posted by ZoneFD > 2017-12-27 15:47 | Report Abuse

Huh... Up n down like yo yo... Unstable.. many traders traped above want to go out...

Posted by Mohd Fahmi Bin Jaes > 2017-12-27 18:25 | Report Abuse

Trap

Posted by SuperPanda > 2017-12-27 18:46 | Report Abuse

More patience.. give until end Jan'18 for rebound above .90. Reasons:
1 It hold 70% mrkt share in msia.
2. Not a loss making biz.
3. Got expansion plan.

Buy for its business prospect.

Posted by 3iiii > 2017-12-27 21:28 | Report Abuse

Just be careful. TRAP

Posted by stockintalk > 2017-12-28 06:30 | Report Abuse

Why satu orang, created beberapa ID untuk memberi comment yang tak matang.

Posted by wenlijianqinyun79 > 2017-12-28 08:47 | Report Abuse

看讲话方式就会知道。

Posted by erokun > 2017-12-28 08:58 | Report Abuse

they're trying to scare people away. so they can buy it at cheaper price. that's why.. meico is under value now. It's a good time to buy. not sure why people are keep selling it.

Posted by 3iiii > 2017-12-28 12:36 | Report Abuse

Sell and run. This is a big trap. Dangerous

Posted by SuperPanda > 2017-12-28 14:35 | Report Abuse

price already lowest.. mine ave 0.93 still holding. no point to cut loss on profitable biz

Posted by Mohd Fahmi Bin Jaes > 2017-12-28 20:26 | Report Abuse

Down

Posted by ks_lim > 2017-12-28 21:31 | Report Abuse

second syf in the making!!!!!Be careful!!!

Posted by ks_lim > 2017-12-28 21:32 | Report Abuse

slowly,slowly die,,

Posted by ks_lim > 2017-12-28 21:33 | Report Abuse

yes,correct this is a big trap,,,

Posted by SuperPanda > 2017-12-28 21:51 | Report Abuse

a lot of buying at 0.8-0.82 but selling also a lot hold price up, wait after new year see if trap or jst tactic to wipe out small ikan bilis..

Posted by warchest > 2017-12-28 23:53 | Report Abuse

Be careful slowly will go down

Posted by SuperPanda > 2017-12-29 02:10 | Report Abuse

TA chart shows slowly rebound. Will see clear direction after new year. Jst hold on 2 wks more mid Jan.

Posted by JAY1234 > 2017-12-29 16:25 | Report Abuse

waiting at 745.... discount kaw kaw....

Posted by ZoneFD > 2017-12-29 19:13 | Report Abuse

How low it will go... Look like ANZO n trive in making

Posted by Mohd Fahmi Bin Jaes > 2017-12-29 19:15 | Report Abuse

Down

Posted by ZoneFD > 2017-12-29 20:07 | Report Abuse

Pity... Good FA.. strong QR ...

Posted by ks_lim > 2017-12-29 20:13 | Report Abuse

bad director

Posted by ks_lim > 2017-12-29 20:16 | Report Abuse

tp .70 cen,,,,coming soon

Posted by SuperPanda > 2017-12-30 12:45 | Report Abuse

Break support at 0.8. Next support 0.74. Release 100 lots to reduce burden. Still hold 300 lots.

Fund/major holder really want to kill all ikan bilis and later buy back cheap. This is not lousy cmpny but now become goreng counter. It may be insider game since they hold most of the shares.

Posted by ZoneFD > 2018-01-02 10:34 | Report Abuse

Slowly flush like ANZO

Posted by warchest > 2018-01-02 13:59 | Report Abuse

warchest once the acquisition done - RM60 mill of cash flow out and add in RM60 mill of borrowings. good luck mieco
20/12/2017 11:54

warchest the owner basically using mieco to absorb the liabilities of SYF.
20/12/2017 16:13

warchest that's going forward Mieco may ended up paying for those liabilities
20/12/2017 16:13

warchest see the quarterly results of SYF announced yesterday - the board segment which Mieco is buying now for latest quarter turned from net profit into net loss. and going forward Mieco needs to fork-out RM60 mill for the acquisition via bank borrowings or rights issue as well as need to absorb additional borrowings of RM60 mill. This is not bode well with the future of Mieco
21/12/2017 14:43

Posted by warchest > 2018-01-02 13:59 | Report Abuse

already warned about this Mieco. the next few quarters should see a contraction in earnings

Posted by warchest > 2018-01-02 14:00 | Report Abuse

is an ugly downtrend counter. see syf and know how much it will go down

Posted by Mohd Fahmi Bin Jaes > 2018-01-02 14:09 |

Post removed.Why?

Posted by SuperPanda > 2018-01-02 14:15 | Report Abuse

no signal of rebound.. loss counter.

Posted by wannabeinvestor > 2018-01-02 15:35 | Report Abuse

worst than evergreen...

Posted by lois123 > 2018-01-02 17:59 | Report Abuse

down trend

Posted by Kweng Mak > 2018-01-03 09:22 | Report Abuse

run run run , dont look back