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Microcap & Penny Stocks : PKDV -- Ignore unavailable to you. Want to Upgrade?

To: Harry_Behemoth who wrote (72)	6/22/1999 10:07:00 AM
From: tonto	Respond to of 103

The statement regarding bank being Taiwanese is interesting because of the liberalization policy enacted some time ago. Does anyone have a more current article regarding credit policy of banks in Taiwan? Taiwan banks report record bad loans Story Posted December 14, 1998 at 10:08 TAIPEI, Taiwan (AP) _ Taiwanese banks are reporting a record number of overdue loans becauseof growing business bankruptcies and financial troubles, the Central Bank governor said Monday. Perng Fai-nan said the average ratio of overdue loans to overall loans reached 4.95 per cent in September, while total overdue loans amounted to nearly 700 billion Taiwan dollars ($22 billion US). He said some businesses were unable to repay loans on time because they had used company funds for stock speculation. Several business groups have failed to settle huge stock purchases as banks tightened credit policies at a time of economic slowdown. Analysts say many companies bought stocks to prop up their share prices and used the shares as collateral to obtain overvalued loans from banks. Taiwan has been hit by financial turmoil in recent months in the aftermath of the Asian economic crisis. Perng told a legislative committee the government has asked banks not to provide loans simply by taking shares as collateral. Banks are also being asked to double their bad debt reserves to two per cent of assets. Perng dismissed suggestions that growing financial troubles could lead to an economic crisis in 1999: ''There should never be such a pessimistic outlook.'' Back to the top.

To: Harry_Behemoth who wrote (72)	6/24/1999 7:59:00 AM
From: GERBER	Respond to of 103

Hi all I'm here for the long shoot. I waiting about 30$ and more by share. PKDV look great for me IMO Cheers

To: Harry_Behemoth who wrote (72)	6/30/1999 6:51:00 AM
From: GERBER	Read Replies (1) \| Respond to of 103

Conversation CEO*** Well as I promised I tried to find some more info. No responses to my emails, got me to call the company this morning and i was very pleased with my conversation. The Ceo was doing some research in their library. I first asked about the emails and he mentioned that they had received over 22,000 emails and calls this week and the investors relation team was swamped. I ask him about his experience..he mentioned that this was his second time as ceo of a company and that he had a lot of merger experience. He said that he is going to post his resume on the webpage...soon. I asked about the financials. They apparently got a new audit firm because they wanted them done correctly. (biggest problem is translations of languages). Both Pan Chiao and their own are being worked on as we speak. I asked about the bank. He was explaining to me a few things. How they couldn't say certain things..but he did mention that their would be a PR coming out soon. I also strongly believe that company will have a few mergers and aquisitions over the next couple of months based on my conversation. He emphasied the contract and how many companies want to be involved with Pan Kai. They feel they have a number of connections, channels or doors. He also mentioned that other experienced managment people may join Pan Kai over the next year. I told him I was concerned about the way Pan Kai trades. He was frustrated as well saying that "We are so undervalued!" So what can you do I asked? Well he figures that once a few developments start coming in to play. Things should diffently pick up. Quote "Shareholders who stick with the company will be very well rewarded!", replied CEO of Pan Kai. I was pleased with my conversation with the CEO and I am very confident that this company will successed. I am going to sit tight and wait for things to develop. If anyone has any questions for me..please ask away. I think that was pretty much all we talked about.