Technically he did not mention anything about 700 container and lawsuit. He just say people bad mouth hevea which is somewhat correct. The issue have been blown out of proportion even before anything is proven.
thanks OTB for sharing this , thanks for helping to ckear the issue
Dear valued readers in I3,
I understand many of you are so worried about your investment in Hevea. In order to help you all, I take the initiative to write to Hevea management to clarify 2 items here.
1 - Court case 2 - 700 containers of reject (Actual is 700 m3 not containers).
Below are the answers to both items.
1 - Court case.
The court case is involving our minor shareholders in HeveaWood claiming no dividends after many years despite HB gave limited dividends. We are unable to pay as we have a loan governance to pay borrowers first. The case was won twice but the plaintiffs still brought it to appeal court. This is non issue if we pay up all loans in June this year.
2 - 700 containers of reject (Actual is 700 m3 not containers).
We had an issue that 700m3 of our PB to Korea were held up in Korean port over quality problem last October due to wrong testing method. This is resolved after our protest, our test, local labs, and Korean labs subsequently prove us right. The results are better that requirements. Thus all cargo cleared.
Dear valued readers, I am not siding any party here. I just get the explanation from Hevea management so that all my subscribers are happy with my explanation.
Since I have the answer, I hope to share with all readers here. If you do not believe, please ignore it.
I am not asking you to buy or hold the shares, final decision is yours.
OTB is a gentlemen . u have my struct . infact, today's drop is not water fall. many share shed across the board due to china index slump. Hevea today minor drop is not becos of any significant problem, if really hevea got issue, it wold not have dropped only 3 cent lor.
As for Samgrouse and Teh Hong Piao, if golf was all you played with him you hv missed a whole lot of karaoke and RM50 stack thrown in the room for the girls. That's connection to be able to see that....
Aiya u guys talk talk but the one who claim sleep next to VT also cannot get info but shouting I close to him ...you the caddy at the golf course or what.?
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....
mightymouses
461 posts
Posted by mightymouses > 2016-01-07 21:27 | Report Abuse
Yes I bet you hv.
samgross
85 posts
Posted by samgross > Jan 7, 2016 09:24 PM | Report Abuse
Hahahaha...I also have Teh Hong Piao and Amber Chia handphone number...i even inside their wechat group