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Fasctrack

05/15/13 5:26 PM

#41638 RE: patrik #41637

For me the issue is one of timing. I had expressed that here on this Board earlier today or yesterday. While the information they have uncovered is compelling, my sense is to expect a continued delay on actual cash flows and therefore a continued delay on SEC reporting (and PRs) from our leader. Bottom line is that I don't want to buy anymore now either since it could still be dead money for a while longer. However, I must say that those who have the kahona's to load up now might be very handsomely rewarded and we will be hearing I told you so. I can live with that as I have more than enough shares already.
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TRCPA

05/15/13 5:29 PM

#41639 RE: patrik #41637

Patrik.....I see you replied to my post so I will weigh in here. I have said this probably hundreds of times here, if not more.....and just yesterday. I am not expecting a significant pps and volume increase until there are new sales announced. That, however, has nothing to do with the current information we are finding on QL and others, as they relate to FASC.

There is striking new evidence that what we have been anticipating, with regard to QL, is unfolding strongly on behalf of future sales of KDS.....probably to amounts greater than we even imagined. If you would have read and followed the information that has been coming out here, I think you would rationally come to the same conclusion. The pace of events has quickened dramatically. A huge market reaction will likely only follow closed sales, however.

Meanwhile, if you are not interested in the new information we find, simply ignore it. That is your prerogative.
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Net-Man

05/15/13 6:12 PM

#41640 RE: patrik #41637

Patrik - To be clear I am not suggesting any sales are imminent. Frankly I really don't know. I am hearing rumbles about a possible sale "within a month or so", which I always take with a grain of salt. As for QL, I have only heard they are looking to purchase 1 new machine and that came without a timeline. It does make sense that they would buy one and I suspect it would be deployed at their Tawau plant and used primarily to reduce the 12,000 tons of excess EFB's their current configuration cannot handle.

If you go back and re-read my earlier posts you will not I was clear that QL's CDM registration opens the door for a lot of potential. Whether that translates into sales or not and at what pace is anyone's guess. There may be clues in their upcoming financials though.

I realize you are angry with your investment and the many issues with FASC and its management. Based on the last year, it has been a bad investment for all of us. However, I am looking at where we might be various future dates. Not to be the wet blanket here, but I don't see much change in the situation for a few to several months from now. There is evidence of sales percolating through the FASC system and the numbers may actually improve at some point.

The only advice I have for you and I seldom dispense it - do your own DD and make a decision based on what you find.

fwiw,

Net-Man