THE INVESTMENT APPROACH OF CALVIN TAN

WOW! Pm Corp latest result shows an annualized growth of 41%. Fantastic result! (Calvin Tan)

calvintaneng
Publish date: Mon, 29 Aug 2016, 08:33 PM
calvintaneng
0 1,803
Hi Guys,

I have An Investment Approach I which I would like to all.
calvintaneng Hahaha!

Pm Corp this quarterly report is an outstanding 1.4 cts profit. If annualized 6.4 cts. At 15.5 cts

Pm Corp has a P/E of only 2.42 - beating DKSH, Dutch Lady, Nestle & all other consumer stocks hands down.

At 6.4 cts annualized gain it is a fantastic super growth of a whopping 41%!!!!

A closer look shows 3 things

1) 1.9 million gain from Pm Corp's investment property

2) 2.3 million gain from Strong Sing Dollar/ Other foreign currency gain. Everyone  has missed out that Pm Corp is an exporting company worldwide!

3) Rm6.7 millions Profit from Cashing out of Laura Ashley South America Preference shares?

So all who think that Pm Corp is only a chocolate product seller have missed This Goldmine!

With almost zero debt and CASH & MORE CASH FLOWING BACK EXPECT ANOTHER 8 CTS CASH WINDFALL AGAIN?

Found a GOLD MINE? Stick with it. Someday, somewhere you might step on a Land mine.

Hip Hip Horray!!!!


Regards,

Calvin Tan
Jurong West
Singapore
29/08/2016 20:28

 

Extra! Extra!

Someone commented the earning is one off only?

These are on the way

1) Another Rm6.7 millions from South America Laura Ashley disposal?

2) Rm10 millions Cash from sale of Pm Holdings

3) Increasing profit due to increasing sale price of Tudor Gold, Tango & Crispy chocolates to Singapore & China

4) More Asset Disposal?

 

Remember Pm Corp is a Corporation

A Corporation is an investment Company. Everything in Pm Corp is for Sale if Price is Right. There are still Rm188 Millions in Investments. And Cash is still a Nice Rm100 Millions! And since Pm Corp is almost debt free - expect more Cash Payout!

Discussions
1 person likes this. Showing 8 of 8 comments

ahjib88

Calvin, u know account or not, use this quarter earning to calculate annual net profit?
The above earning most one-off only.

2016-08-29 20:49

John1234

We should be looking at its core business to assess its growth. Other things are secondary.

2016-08-29 21:34

calvintaneng

Its Core Business Are 4 parts just like you have 2 hands & 2 legs!

1) Pm Corp is in consumer food (smallest part)
2) Money lending
3) Investment in Properties
4) Investment in Securities

2016-08-29 21:36

calvintaneng

What is the Core Business of Icap Biz?

Investment in Shares.
Investment in Cash (Fixed Deposit) for 5 years already!

What is the Core Business of Power Money Corp?


Real Estate

In Shah Alam Pm Corp bought a 6 acre land for Rm17 millions in year 2009. Current price is over Rm50 millions. If sold a nice Rm33 millions profit!

Then there is warehouse in HK & Prime Penthouse in Spore. If sold? With Strong HK & Sing Dollar - higher profits loh!

It has factories in Penang, Shah Alam & Iskadar also.

Then there is Rm188 millions Invested in Securities - listed & unlisted

And money lending?

Then you have consumer goods (FMCG). This one needs little R & D. So the bulk of CASH can be given back to shareholders.

Now NTA should be 52 cts. But since 8 cts given as Cash pay out. NTA is now 44 cts.

44 cts?

If you can SEE. The 44 cts in NTA could also be liquidated as CASH and given back to shareholders.

If PM CORP (POWER MONEY CORP) Decides to give all 44 cts as CASH?

Then all Pm Corp shareholders KAYA LEOW!!

2016-08-29 21:45

PlsGiveBonus

Tomorrow gaps up how much?

2016-08-29 21:56

leno

TQ for the analysis.

2016-08-30 07:28

paperplane2016

Bad karma for leno

2016-08-30 07:41

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