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Sri Lanka Equity Forum » Stock Market Talk » Stock Market Research » Touchwood Case Review

Touchwood Case Review

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161Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Tue Sep 13, 2011 11:17 pm

Rocky


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Until a full evaluation of the valuation method of Biological Assets of the Company are carried out we will perpetually wait for the price of this share to go up just like all other Blue Chip Shares.

There are insect like investors who attack dormant shares like Touchwood, and when they do dry rot will set in. For what ever its worth, paying 23.60 for a share with NAV at 41.00 is not a bad investment.

I hope to see this gradually moving up in the coming days until 12th of Never.
Anyway, we have our very own ambassadors of Cricket who vouch for this company and with their high level of repute we have nothing to worry.Leaving sentimentality aside, I should invest more in this share.

162Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Wed Sep 21, 2011 7:25 am

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
As another step of Sandun Arana National Programme, which is operated with the guidance of Ministry of Environment and Natural Resources and Touchwood PLC, sandalwood plants to be planted at Namal Uyana were handed over under the patronage of Ven. Wanawasi Rahula and First Lady Shiranthi Rajapaksha, at the Namal Uyana World Heritage Site recently.

According to the Red Data of IUCN, sandalwood is one of the plants faced with the threat of extinction. Sandun Arana National Programme has taken necessary steps to plant the valuable sandalwood plant in sacred places, government institutions and jungle gardens in order to protect it. Nearly three hundred thousand plants have been planted under several projects all over the country.

http://print.dailymirror.lk/business/127-local/56682.html

163Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Wed Sep 21, 2011 1:39 pm

Tiger


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
If you really see the history of ponzi schemes around the world, all has a common stage in life cycle where they get involved with high profile figures such as celebrities, sportsmen, community leaders etc... this ensures the continuous liquidity flow to the business to keep it moving, when the underlying business is filled with money spinning mechanism to cover up the value creation flaws.

To my observation TWOD is just waiting for court case to finish, to release next round of right issue to keep it moving. Don't forget that public owns 80% of this highly valued company and not by so called creators or guardians.

164Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Tue Sep 27, 2011 9:29 am

ssuni


Manager - Equity Analytics
Manager - Equity Analytics
dividened-> 0.10 OCT 2011
will this be a signal for buy??

165Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Fri Oct 14, 2011 3:15 pm

Hawk Eye


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Are the trying to give a signal with the Dividend that they are improving on the cashflow.

Will there be a TWOD hype this time also with the court case

166Touchwood Case Review  - Page 9 Empty twood next hearing on Tue Oct 18, 2011 11:34 pm

suranga


Stock Analytic
Stock Analytic
Pls tell when is the next hearing of the case.

167Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Mon Nov 14, 2011 6:00 pm

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics
TWOD...........


THINK NOW........ACT AFTER THE CASE.......

ALL THE BEST

168Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Sat Nov 26, 2011 8:25 pm

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics
T O U C H W O O D............COUNTDOWN STARTS ENJOY IT

ALL THE BEST....
ME AND THE JUDGE NO IT TOO.....

169Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Sat Jun 23, 2012 3:05 pm

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics
Guys what is the current situation with TWOD, can some one explain me please??

170Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Sun Jun 24, 2012 4:23 am

market bull

market bull
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Case No. 100/2011 (SPL LA 42/10) ,Touchwood IPLC Vs. Sri Lanka Accounting and Auditing Standards Monitoring Board which is pending as an appeal matter was heard before the Supreme Court on the 21st May 2012 and postponed until 6th
November 2012 for arguments.

http://www.cse.lk/cmt/upload_report_file/631_1338461934550.pdf

@suranga wrote:Pls tell when is the next hearing of the case.

171Touchwood Case Review  - Page 9 Empty TOUCHWOOD: Is Touchwood in trouble? on Sun Nov 18, 2012 6:49 am

dinga


Equity Analytic
Equity Analytic
G'day

I am an investor, via Touchwood Asia, in bamboo and agarwood trees in Thailand.

Seems the company has closed its office in Bangkok without any notification to investors. I should by now have been paid a modest amount for the 2012 bamboo harvest but am still waiting.

Emails and telephone enquiries to the Colombo HQ remain unanswered. I am told the separate company that maintains the plantations is still operating but frankly my pessimistic side wonders if this will continue given the very bad signals and silence from Touchwood Asia.

Am very concerned about my investments. Appreciate any insights about what is, or may be, happening with Touchwood?

172Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Sun Nov 18, 2012 7:08 am

Fresher


Moderator
Moderator
There was someone like you who joined just to complain about the company which hasn't paid. Not wrong considering it's listed and we discuss about listed companies.

But in that case the company responded quickly and promised payment. I don't think you should panic too much and if you are in doubt, you should make it a point to somehow contact them. Calls are unanswered is a bit hard-to-believe. Anyway since it is an important thing, you should probably visit them personally to get a response, instead of posting on public forums.

173Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Sun Nov 18, 2012 9:34 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
we are seeing some strange emails lately...guys where were you......all this time...just joining to post ....show us the proof .........its not right just to complain w/o valid proof that you have invested and your calls were unanswered.

to keep it short and simple....please show...

firstly any documents indicating you are a genuine investor of the company...
secondly prove to the forum members that your payment is now due...
thirdly your reminders such as emails sent to the concerned company....
finally snapshot of the that company office that is closed.....

i am not a spokesperson for the company...but to be fair you need to back up with some concrete proof to see for all of us.....to know your concerns are real......

no offense.......

174Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Sun Nov 18, 2012 10:07 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
It's very funny. A seem to be Thai national has created an account in Sri Lanka Equity forum to publish his grievances.

I also have some concerns about TWOD and regarding recent unexplained resignations of the majority of the directors, which I publish in this forum in certain threads.

But this topic has published clearly with some malice intentions.

It's really sad administrators are allowing this post to continue in this public forum!

175Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Sun Nov 18, 2012 10:55 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@dinga wrote:G'day

I am an investor, via Touchwood Asia, in bamboo and agarwood trees in Thailand.

Seems the company has closed its office in Bangkok without any notification to investors. I should by now have been paid a modest amount for the 2012 bamboo harvest but am still waiting.

Emails and telephone enquiries to the Colombo HQ remain unanswered. I am told the separate company that maintains the plantations is still operating but frankly my pessimistic side wonders if this will continue given the very bad signals and silence from Touchwood Asia.

Am very concerned about my investments. Appreciate any insights about what is, or may be, happening with Touchwood?


Saa wadi craap. dinga naai.

Khoon kheu krai?

Khoon bpen mai khohn see lan ga chai mai ?

Baawk khwam jing.

Khop khoon kraap.

- Chinwi

176Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Mon Nov 19, 2012 1:07 am

stumpy

stumpy
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
lol!
Reminds me the great words of a wise man called Innam Very Happy
Hat's off brother! cheers

177Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Mon Nov 19, 2012 9:08 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@hariesha wrote:It's very funny. A seem to be Thai national has created an account in Sri Lanka Equity forum to publish his grievances.

I also have some concerns about TWOD and regarding recent unexplained resignations of the majority of the directors, which I publish in this forum in certain threads.

But this topic has published clearly with some malice intentions.

It's really sad administrators are allowing this post to continue in this public forum!

There have been some requests to remove posts due to TW has promised to pay the individuals. So we're moving this thread to prison till the valid sources are presented.

178Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Mon Nov 19, 2012 10:30 am

Lord Toad


Equity Analytic
Equity Analytic
I am also a Touchwood investor.

The closure on the BKKK office in haste is a fact.

There are other rumours innuendos et al floating about.

Smoke and fire spring to mind - I will post more when I have real facts.
I was paid last year but only after real fight to get my money

179Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Mon Nov 19, 2012 1:22 pm

Kay2


Stock Trader
Hi,

I think all of you should visit the following blog for details on Touchwood Agarwood investment, this helped me understand whats going on. I know of many people who have got their returns and some who had delays but still received payments at the end of it. Lets not get stuck with the negatives only there are positives to things you know.

The blog is : touchwoodinvestmentsplc.wordpress.com

180Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Mon Nov 19, 2012 3:05 pm

zenobia


Manager - Equity Analytics
Manager - Equity Analytics
a rumour is not a proof
a statement is not a fact

within the past couple of days i have seen two threads involving complaints about toucwood without a single piece of information to back the accusations made. the threads have started by forum members who have registered just before posting the thread.
to admins and moderators, kindly evaluate these postings and remove them if they were published to mislead those who read them.
thanks

181Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Mon Nov 19, 2012 5:24 pm

Lord Toad


Equity Analytic
Equity Analytic
@zenobia wrote:a rumour is not a proof
a statement is not a fact

within the past couple of days i have seen two threads involving complaints about toucwood without a single piece of information to back the accusations made. the threads have started by forum members who have registered just before posting the thread.
to admins and moderators, kindly evaluate these postings and remove them if they were published to mislead those who read them.
thanks

You are right - you should wonder why suddenly there are a group of group of new members who are interested in touchwood!

I could supply proof of the problems and indeed in due course will do but at the moment I am hoping that the management of Touchwood get their act together and answer some fundamental questions. If you want proof pm me and I will provide it!

182Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Mon Nov 19, 2012 5:27 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
We have seen Melstacorp representative commenting and clarifyign here. Which is great.

I hope someone from TWOD also comes and clarifies these doubts/questions for the betterment of the company.

183Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Wed Nov 21, 2012 11:45 am

Kay2


Stock Trader
@dinga wrote:G'day

I am an investor, via Touchwood Asia, in bamboo and agarwood trees in Thailand.

Seems the company has closed its office in Bangkok without any notification to investors. I should by now have been paid a modest amount for the 2012 bamboo harvest but am still waiting.

Emails and telephone enquiries to the Colombo HQ remain unanswered. I am told the separate company that maintains the plantations is still operating but frankly my pessimistic side wonders if this will continue given the very bad signals and silence from Touchwood Asia.

Am very concerned about my investments. Appreciate any insights about what is, or may be, happening with Touchwood?

Hi,

You should contact Touchwood local office on 0094117444888, As far i know Touchwood Asia is still very much operational and i have verified this from the local office and also via my contacts in Thailand. I am sure there is a valid explanation to your concern and doubts, at this point the right thing to do is to contact the local office. Clearly posting comments is not helping. Get it off the horses mouth.

Thanks

184Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Wed Nov 21, 2012 11:57 am

Lord Toad


Equity Analytic
Equity Analytic
[quote="Kay2"]
@dinga wrote:G'day

Hi,

You should contact Touchwood local office on 0094117444888, As far i know Touchwood Asia is still very much operational and i have verified this from the local office and also via my contacts in Thailand. I am sure there is a valid explanation to your concern and doubts, at this point the right thing to do is to contact the local office. Clearly posting comments is not helping. Get it off the horses mouth.

Thanks

I am sure you are right. But it would help if Touchwood management actually clarified what is happening and how harvest returns will now be paid.

It would help if they answered their emails. I have sent 3 in the last month without one response.

The only reason people are posting here is because they are getting no response and the rumour mill (in Bangkok) is rife with bad news - of course rumours are just that but it is the job of Touchwood management to counter them.

185Touchwood Case Review  - Page 9 Empty Re: Touchwood Case Review on Wed Nov 21, 2012 12:46 pm

chas


Stock Analytic
Stock Analytic
[quote="Lord Toad"]
@Kay2 wrote:
@dinga wrote:G'day

Hi,

You should contact Touchwood local office on 0094117444888, As far i know Touchwood Asia is still very much operational and i have verified this from the local office and also via my contacts in Thailand. I am sure there is a valid explanation to your concern and doubts, at this point the right thing to do is to contact the local office. Clearly posting comments is not helping. Get it off the horses mouth.

Thanks

I am sure you are right. But it would help if Touchwood management actually clarified what is happening and how harvest returns will now be paid.

It would help if they answered their emails. I have sent 3 in the last month without one response.

The only reason people are posting here is because they are getting no response and the rumour mill (in Bangkok) is rife with bad news - of course rumours are just that but it is the job of Touchwood management to counter them.

I am an investor with Touchwood and can confirm that the office in Bangkok is closed as is the Hong Kong office. There are many clients who have not been paid their returns. There are a number of clients who are now considering litigation as the only solution. This is of course very sad, however, Touchwood are refusing to acknowledge emails or give its clients answers.

I have not been paid my harvest returns for 2011 and have not been able to get confirmation of when or even if I will be paid for 2011 and 2012's payment is now due.

Why have so many directors resigned recently? at least two directors recently resigned after being on the board for only a few months.
These are not rumours and its important that the facts are brought to the publics attention.

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