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tankoksee Supreme	08-Apr-2021 13:55        tankoksee About Contact  Quote this Post!
x 0   x 0  Alert Admin	shorties still pressing it down.. might squeeze on closing to 16 cts?
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PhillipTan Supreme	08-Apr-2021 11:06        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Given that the situation is not improving in Myanmar, I don' t forsee the share price to go up by a lot Maybe just hovering around 15 cents at best or even dropping further But this is just my opinion, maybe the opinion of those doing the shorting too I' ll be waiting for it to drop further before entering, good luck to those invested
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tankoksee Supreme	08-Apr-2021 10:47        tankoksee About Contact  Quote this Post!
x 0   x 0  Alert Admin	after this brief correction.. a sharp n sudden fierce spike to 18 cts possible a c wave...
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tankoksee Supreme	08-Apr-2021 10:22        tankoksee About Contact  Quote this Post!
x 0   x 0  Alert Admin	lots of shorting going on..
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Entropy72 Master	07-Apr-2021 23:55        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very challenging to manage business with such political sensitivities. ------- Myanmar protesters test values of their Japanese employers: Companies fear boycotts if they give employee withholdings to the junta SHUICHIRO SESE, Nikkei staff writer April 7, 2021 16:48 JST TOKYO ? Japanese companies operating in Myanmar, where a junta is violently putting down protests, find themselves in a dilemma: Do they respect local tax laws or public sentiment? If they follow tax laws ? and some of their Myanmar employees are asking them not to ? the companies expose themselves to a public backlash, perhaps in the form of boycotts, as their abidance will be seen as financing the junta that staged a coup on Feb 1. One attorney said these companies are in a difficult situation that calls on them to ?respect both the sentiment of the local public and opinions of the international community while also complying with the law.? Fumiaki Kai of TMI Associates Services, the Yangon office of Tokyo law firm TMI Associates, says the firm?s clients are in a jam. ?Employees say, ?Don?t withhold taxes from my salary,'? Kai recalled one client tell him. ?What can we do?? Kai has received many similar requests from Japanese companies operating in Myanmar. By law, employers must deduct income taxes from employee salaries and hand them over to the national taxation authority. The coup has suddenly turned this standard practice into a flashpoint that can trigger labor-management friction. The situation was triggered by a move by the Committee Representing Pyidaungsu Hluttaw, which supports democratic leader Aung San Suu Kyi, who is being detained by the military. On March 3, the CRPH announced it had ?established a law to postpone payment of taxes until the end of September? and asked the taxation authority to stop collecting taxes. This prompted citizens who support the CRPH to vent anger at employers that have not heeded the call and continue to turn tax money over to the junta. These companies are being labeled as ?supporters of the military.? ?The military effectively controls [the government],? Kai said, ?and tax laws remain effectively unchanged. So [companies?] tax obligations can be regarded as not having changed. But the reality is this is not a situation where you?d be all right if you pay taxes in compliance with the law.? Myanmar citizens widely use Facebook and other social media platforms. Companies that do not stop paying taxes ?run the risk of facing fierce criticism, which could lead to boycotts of their products,? Kai said. Tax collectors? work has slowed due to the coup, and citizens are closely watching businesses for any sign they are favoring the military. An expert said the best that companies can do is ask tax officials to put off deadlines, negotiate the matter and hold on to their employees? withholdings themselves. If they can refrain from passing on this money to the government, they can cap employee frustration, the expert said. In Myanmar, civil servants and company employees now often leave their workplaces to join calls for civil disobedience. Many companies are treating these absences as paid leave. However, if employees rack up more absences than they have vacation days, or if they take part in a political strike, their companies can take punitive action. ?Under Myanmar labor laws,? Kai said, ?it?s easy [for companies] to fire [workers], as long as they pay compensation.? Still, in the current situation, companies would be treading on dangerous ground if they were to take punitive action or go so far as to fire employees, citing their legal right to do so. Firing employees who take part in protests against the military could even lead to boycotts. ?Making a judgment based solely on compliance with the law,? said attorney Yusuke Yukawa, the Yangon office representative of Tokyo?s Nishimura ＆ Asahi law firm, ?could lead to making the wrong choice. It?s important to act flexibly by taking into account the code of conduct of your company and the need to protect human rights.? Companies also risk being subjected to sanctions by the U.S. and other countries if they are regarded as supporting the Myanmar military. Japan?s Kirin Holdings, which partnered with a military-linked brewery in Myanmar, has been criticized by the United Nations and human rights groups for potentially funding the military. The lingering issue has led citizens to boycott Kirin products, and the company in February was forced to begin negotiations to cancel the joint venture. The U.S. government has added individuals and companies with close ties to the Myanmar military to its specially designated nationals list, which freezes assets located in the U.S. and bans U.S. individuals and companies from dealing with them. More companies are expected to be added to the list, but there is uncertainty regarding the scope of any expansion. Will Washington go so far as to include secondary and tertiary subcontractors? ?I think the key point is whether the company?s money is going to be received by military-affiliated individuals or entities,? Yukawa said. Companies need to review their existing dealings and consider reforming their supply chains, he added. According to the Japan Chamber of Commerce and Industry in Myanmar, 427 Japanese companies are operating in the country. That?s up from about 50 in 2011, when Myanmar shifted from total military rule to quasi-democracy. The ranks increased sharply as the country?s economy charged ahead and cheap labor beckoned. But the coup and resulting strife have dealt a severe blow to these companies, whose executives are having to do some soul searching regarding their values and ethics.
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wavesurfer Member	07-Apr-2021 23:49        wavesurfer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope everything goes well and the country restore to its original status.
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jesmarnew Senior	07-Apr-2021 23:37        jesmarnew About Contact  Quote this Post!
x 0   x 0  Alert Admin	New bottom at 5 cts!!! Company may go suspended!!! All investment zero!!!
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Entropy72 Master	07-Apr-2021 23:11        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Invest in a company that operates in a failed state? CNA: 7 Apr, 2152 hrs Russia, which has shown support for Myanmar's ruling military council, on Tuesday said the West risked triggering civil war by imposing sanctions on the junta. Fitch Solutions said in a report issued on Wednesday that targeted Western sanctions alone were unlikely to succeed in restoring democracy. It predicted in the medium-term a violent revolution pitting the military against an armed opposition comprised of members of the anti-coup movement and ethnic militias. Some ethnic minority forces, which control large swathes of border regions, have said they cannot stand by as the junta kills people and have already engaged the military in skirmishes. Fitch said Myanmar was heading towards being a failed state. "The escalating violence on civilians and ethnic militias show that the Tatmadaw (military) is increasingly losing control of the country," it said, adding that the vast majority of people backed Aung San Suu Kyi's ousted government.
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Entropy72 Master	07-Apr-2021 23:04        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thursday, April 8 4:00 p.m. A small explosion has been reported in Myanmar Plaza, a major shopping mall in Yangon, BBC Burmese has reported. No injury has yet been reported, and the explosion sounded like a grenade, according to the BBC citing a mall tenant.
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mav1ryan Veteran	07-Apr-2021 21:18        mav1ryan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	I just spoke to my Myanmar friend and was told they don' t see an end to it. the only two ways to end the current situation is either the Junta surrenders, or Aung San Suu Kyi openly inform her supporters to stop the whole protest. Either scenarios is not working out in near term. The Myanmar people are been killed at least by the hundreds daily now. The Junta are shooting freely at peoples on the street, and they aim by the head as some smart ass in Junta said must shoot at the head to create fears to stop the protests. During 1988 where the Junta won and arrested Ms Aung San Suu Kyi, they literally beheaded commoners and hang on the street to create fear, making Aung San Suu Kyi finally have to ask her people to stop the protest. this are informed to me by my friend, I did not do any fact check and is sharing here.
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Entropy72 Master	07-Apr-2021 18:53        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Buying Yoma now is like buying a beautifully renovated property, without considering its location and neighbourhood. But some folks will understandably still be seduced, especially when market appear to be giving discount. Price check today average 15 cents, for the record.
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PhillipTan Supreme	07-Apr-2021 18:08        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	It already bottomed out 2 weeks ago at 0.135 cents But situation seems not to have improved, I was hoping it would drop a bit further before I buy in If the situation improves, 0.20-0.22 cents should be possible my guess jesmarnew      ( Date: 07-Apr-2021 14:06) Posted: Bottomed out....time to load up....TP first stop 20 cts!!!! Buy with all your might!!!
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jesmarnew Senior	07-Apr-2021 14:06        jesmarnew About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bottomed out....time to load up....TP first stop 20 cts!!!! Buy with all your might!!!
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zandlery Supreme	07-Apr-2021 13:22        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Hmm.. Let's see. 2nd day not too bad. Just drop a little. But trader only have the patient of few days. If no news/updates happening, well.... Good luck
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mav1ryan Veteran	07-Apr-2021 11:00        mav1ryan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Looks like there are some playing happening, and trying to push the price down with test water lots.. DYODD
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trademaster Supreme	07-Apr-2021 08:51        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tks for the update ozone2002      ( Date: 06-Apr-2021 21:58) Posted: Last:0.15        +0.009 big surge with huge volume reversal to the upside has begun Gd luck dyodd   ozone2002      ( Date: 31-Mar-2021 07:52) Posted: Last:0.142  -- yoma has reached bottom stocks climb stairs when gg up and take the elevator when going down more than 50% discount to NAV  accumulate when there' s blood on the streets! gd luck dyodd
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TA_Expert Supreme	06-Apr-2021 23:20        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	Shortists spread fear hoping to crash the share price. For buyers, do your homework. Will Yoma file for bankcruptcy? What is the probability? As one member has pointed out, there aren' t many sellers for the past weeks. This shows that shareholders are not selling at all especially big funds.
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ozone2002 Supreme	06-Apr-2021 21:58        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Last:0.15        +0.009 big surge with huge volume reversal to the upside has begun Gd luck dyodd   ozone2002      ( Date: 31-Mar-2021 07:52) Posted: Last:0.142  -- yoma has reached bottom stocks climb stairs when gg up and take the elevator when going down more than 50% discount to NAV  accumulate when there' s blood on the streets! gd luck dyodd ozone2002      ( Date: 13-Mar-2021 13:39) Posted: Last:0.158        +0.001 back to 2009 levels nav 30c+ 50% safety margin for entry now, buy good businesses at great discounts (just like how u purchase when there' s a sale) buy when there' s blood 🩸 on the streets remove the noise from all the negativity, patience will be rewarded gd luck dyodd
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Entropy72 Master	06-Apr-2021 19:59        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	From WaveMoney FB page today: "This morning, Wave Money mistakenly sent an SMS to some account users stating that their account would be suspended. We apologize for the inconvenience and apologize for any inconvenience this message may have caused. We would like to inform the public that Wave Money will continue to provide services as usual and that customers' money will be securely stored in their WavePay Account 🙏 "
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Entropy72 Master	06-Apr-2021 18:23        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	True, they still have significant stake left. FlyingCat      ( Date: 06-Apr-2021 10:38) Posted: Aberdeen only sold like 1.8mil shares.. they still have 134mil shares... eh don think u can consider it as really change of positions. More like adjust funds n positions.  Entropy72      ( Date: 05-Apr-2021 17:27) Posted: After trying to be contrarian hero earlier, Aberdeen has disposed of shares on 1 Apr.
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