Dear friends of i3 forum,
On September 18th 2013 we first joined i3 investor's forum
And speedily already 10 years have come and gone.
We are humbled to be able to survive and prosper these 10 long years in the KLSE.
To-night we will see how PM CORP (4018) performed.
Pm Corp was recommended at 15 sen
Posted by calvintaneng > Sep 20, 2013 08:57 PM | Report Abuse X
DEAR friends at PM CORP. You are looking at the Best Of The Very Best Counter in BURSA! Why? What Are The Reasons? Let me give you the following reasons? Reason No.1. PM CORP(4081) has net Cash of 18.5 cts per share. When you buy PM Corp you are buying now (20th September, 2013) for Only 15 cts a Share. A discount of 3.5 cts per share. A Great Buy.
| || Posted by calvintaneng > Sep 20, 2013 09:00 PM | Report Abuse X |
Reason No.2. PM CORP has Almost no borrowing. Almost debt free. Only RM 5 millions borrowing. Net Cash is Over RM130 Millions. About 18.5 cts per share.
| || Posted by calvintaneng > Sep 20, 2013 09:04 PM | Report Abuse X |
Reason No.3. PM CORP Is Also An Investment Company. Hold Shares in MUI, MUI PROPERTY, PM CAP (Top 10 Share Holder) PM Holdings, JOHAN (Sold for over RM5 Million Cash). BANK OF EAST ASIA (Sold for over 40% profit), Laura Ashley Franchise Right For South America (Investment US$3 Millions. Now Worth US$6 Millions) All These Are Actually In Quoted & Unquoted Shares.
| || Posted by stncws > Sep 20, 2013 09:05 PM | Report Abuse |
buy more to get your money
| || Posted by calvintaneng > Sep 20, 2013 09:08 PM | Report Abuse X |
Reason No. 4. PM CORP Own Very High Valuable Properties In The World's Top Property Hot Spots Like Hong Kong, Singapore, UK, Iskandar, Selangor & Penang. They were Purchased AT ROCK BOTTOM PRICES In 1999 During The Asain Financial Crisis. The Value Today Has Doubled, Tripled & Even Up Ten Fold In Some Cases.
| || Posted by FireBall > Sep 20, 2013 09:10 PM | Report Abuse |
Last time there was some play on MUI group related shares as rumor of some restructuring.Looks like its coming back into play with PMCap already moving today..
| || Posted by moneyking96 > Sep 20, 2013 09:11 PM | Report Abuse |
Calvin, u seem strongly introduce this stock for what purpose
| || Posted by calvintaneng > Sep 20, 2013 09:11 PM | Report Abuse X |
Reason No 4. PM CORP Has A Highly Recession Proof Food Manufacturing Business. Like Nestle, Dutch Lady Industries, Guan Chong, Old Town Coffee, Cocoaland, Apollo & Hup Seng. With China melamine scare whole China is turning to Hong Kong & Malaysia to buy Chocolate & Milk related products.
PM CORP was 15 sen on 15th sept 2013, exactly 10 years ago to-date
Since then Pm corp has given capital repayment & dividends as below
A total of 9.3 sen
And today Pm Corp is 21 sen
KLSE (MYR): PMCORP (4081)
So 21 sen = 9.3 sen = 30.3 sen
From 15 sen to 30.3 sen Pm Corp is up 15.3 sen
In percentage Pm Corp is up by 102%
in 10 years
or 10.2% per year for each year of 10 years.
Or 3X Bank FD rate at 3% per annum
This shows that investing in VALUE STOCK with Margin of Safety really works long term
With Sincere Wishes & Kind Regards to all the fraternity of investors at i3 Forum
Please buy or sell after doing your own due diligence