26-27/08/2014 Calvin Tan

PM Corp's balance sheet look even more Rock Solid after settling the final RM5 million debt. At first it was Management intention to keep a token sum of borrowing to keep in touch with bank. Just in case we need to borrow money in future. This final settlement means that Company has too much surplus cash. And company is taking a very defensive approach.

Everything is in line. Investments in PM Cap, PM Holds have been boosted by disposals of SHH shares when it spiked. And Investment in MUI Prop has done well with 50% upside. Even MUI Bhd has moved up!

Next year Laura Ashley Franchise by PM Corp is South America can unlock 50% investment. Total RM20 Millions. So RM10 Millions cash could be released.

Warmest Regards,

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PM CORP? WHAT IS IT? IS IT CHOCOLATE?
YES! AND NO!
IS THE ELEPHANT TAIL ELEPHANT? YES AND NO!
PM CORP IS A CORPORATION JUST AS BJ CORP IS A CORPORATION!

PM CORP CONSISTS OF
1) ASSETS (LOTS OF IT - ALL AT OLD VALUE) NOW DOUBLING/TRIPLING IN VALUE! SO LAND BANKING!
2) INVESTMENTS IN LISTED AND UNLISTED SHARES. LISTED SHARES ARE PM HLD, MUI BHD & MUI PROP & OTHERS
3) MONEY LENDING - LOAN MONEY TO SUBSIDIARIES WITH INTEREST
4) FINALLY - ONLY A SMALL PART (THE TAIL) FOOD MANUFACTURING

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FROM CHOCOLATE SALES YOU ONLY SEE A SMALL PORTION OF GROWTH

UNSEEN ARE
1) BOUGHT 6 ACRES FACTORY IN SHAH ALAM (YEAR 2009) COST RM17 MILLIONS
PRICE TODAY? RM85 MILLIONS? UP 500%
500% GAIN in 5 YEARS MEAN 100% GAIN ON INVESTMENT PER YEAR

DO YOU SEE? ALL MEN WITHOUT SIGHT? OR RATHER WITHOUT INSIGHT!
 

1)    MUI PROP - PRICE UP 50% IN 6 MONTHS!
2) MUI BERHAD - UP 20% IN 3 MONTHS
3) PM HOLDING - UP 100%
4) LAURA ASHLEY FRANCHISE SOUTH AMERICA US$3 MILLION. NOW US$8 MILLIONS. PROFIT US$5 MILLIONS OR RM16 MILLIONS!

Ha! HOW COME YOU DON'T KNOW?
OF COURSE! CARELESS LOAFERS WILL NEVER KNOW.

2. THE CASH HOARD OF PM CORP
   RM131 MILLIONS OR 18.5 CENTS
   NOW TOTALLY DEBT FREE!
   WHAT ABOUT MONIES LOANED TO SUBSIDIARY.
   THE NTA OF PM CORP IS 49 CENTS

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Think of PM Corp's Latest Results this way. What you see is a pittance of RM106K only. What you didn't see?

1. Gains from Investments in SHH. Because PM Corp own PM Cap & PM Hld which in turn are Top holders of SHH. SHH went limit up. So PM Corp also went limit up indirectly.

2. Gains from South America Laura Ashley Franchise. More than RM10 Millions

3. Gains From Commercial Lands in Shah Alam Bought RM17 Millions. Price now RM85 Millions. Profit RM68 Millions

ALL THESE ARE NOT REFECTED IN PM CORP'S ACCOUNTS AS YET

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Ever Seen Sweet Potatoes?

THIS IS WHAT YOU SEE
1) SWEET POTATO LEAVES ARE ABOVE GROUND. SMALL & BUSHY IN APPEARANCE. NOT VERY APPEALING
2) HA! BURIED OUT OF SIGHT ARE HUGE JUICY SWEET POTATOES!!
YOU CAN'T SEE UNLESS YOU DIG THEM OUT!!

SO PM CORP'S TREASURES ARE NOT KNOWN TO INEXPERIENCED CARELESS PEOPLE WHO DON'T DIG DEEP IN THEIR KNOWLEDGE