Ur lack of confidence on tis co is understandable...

Chk out ANCOMLB

KCLOW it is obvious pmcorp is not ur thing... go chk out ANCOMLB my man

Yes... let's make some serious money soon...

But i was i was never banned

Hafiz_444 wait a minute... U look suspiciously like d guy who flagged me 18x...

But now u think alike me.. ANCOMLB MUST B GOOD...

o... good for u... yes.. soon wil fly

JSerious...wat stupid name... not cool ler... I m cool la... I do it without rubber... HaHa

for pmcorp.... ya u support.. support.. but jz buy 5000 units la.... for chocolate money

any new ones here who can tell me u hv put in RM 100,000 to buy pmcorp n I salute u...

not d same for ANCOMLB

d day ANCOMLB received d cash of RM 46,425,000 it will fly....

no movement now cos d deal looks too good to be true to some..

but buying q is actually very huge

ANCOMLB ALSO BENEFITS FROM STRONG SING $$

Here is jz being pushed up by Sing $$$... wont last..

d important thing is U WIL B PAID 8 sen FOR EVERY 10 sen SHARE .... TIS IS GOOD


RM 37,863,000 divided by 473,280,000 shares = 8 sen for every 10 sen share......

of cos ANCOMLB can pay u 8 sen for every 10 sen share....

when it received d sale proceed of RM 46,425,000... it wil hv 9.8 sen cash per share..

RM 46,425,000 divided by 473,280,000 shares = 9.8 sen for every 10 sen share......


Fact 3.


As there is a big profit of RM 25,362,000 and a very big RM 46,425,000 cash sale proceed... d effects of d sale.. special dividend.. capital repayment.. on d NA n Gearing r also positive....

NA wil go up to 8 sen for a 5 sen share now.... cos RM 6,562,000 wil b retained for working capital.... TIS IS GOOD

Gearing wil go down from a low 0.15x to an even lower 0.11x as part of d RM 6,562,000 wil b used to repay loans n overdraft... a lot of flexibility here.. TIS IS GOOD

See note 6.3 of announcement

wit d RM 6,562,000 being retained for working capital.... ANCOMLBs future is bright


TAKE A LOOK ANCONLB.... CAPITAL REPAYMENT IS ONNNNNN....


UNLIKE HERE... NO NEED TO WAIT FOR CAPITAL REPAYMENT IN OCT NOV DEC .... MORE DIFFICULT TO PREDICT THAN QE TAPERING....

Fact 2. Out of tis RM 46,425,000 sale proceed.....

RM 37,863,000 wil b paid to shareholders.. TIS IS D 8 sen FOR EVERY 10 sen SHARE part .......... don't b confused by d capital reduction.. it is jz for taking out excess fund... d important thing is U WIL B PAID 8 sen FOR EVERY 10 sen SHARE .... TIS IS GOOD

RM 6,562,000 wil b retained by ANCOMLB for working capital... to expand its other businesses.... TIS IS GOOD

RM 2,000,000 bal i suppose to pay d broker as commission.. legal fee etc

See note 4 of announcement



more to come soon.....

on why ANCOMLB has no loss anymore..... post d sale of SSM...

sharp ones may hv seen it for themselves already.....

ANCOMLB can sell its subsidiary Sinsehmor (SSM) in SINGAPORE at very very good price at RM 46,425,000... partly cos Sing Dollar has appreciated a lot.....

O... Tot nobody noticed......


Fact 1.

ANCOMLB has sold its subsidiary Sinsehmor (SSM) in SINGAPORE at very very good price at RM 46,425,000... with PE in d range of 18X to 26X.... TIS IS VERY VERY VERY GOOD..

The profit from sale of tis subsidiary is abt RM 25,362,000...

See note 2.2 and 4 of announcement

To put thing in perspective..... ANCOMLBs share capital is jz RM 47,328,000...

more truth to come soon......

a bit exotic... so I closed my eyes n made a few entries... wish me luck

1.56... omg... cms in trouble...

Fact 3.


As there is a big profit of RM 25,362,000 and a very big RM 46,425,000 cash sale proceed... d effects of d sale.. special dividend.. capital repayment.. on d NA n Gearing r also positive....

NA wil go up to 8 sen for a 5 sen share now.... cos RM 6,562,000 wil b retained for working capital.... TIS IS GOOD

Gearing wil go down from a low 0.15x to an even lower 0.11x as part of d RM 6,562,000 wil b used to repay loans n overdraft... a lot of flexibility here.. TIS IS GOOD

See note 6.3 of announcement

wit d RM 6,562,000 being retained for working capital.... ANCOMLBs future is bright

cms in trouble???

wassup? why suddenly drop??

of cos ANCOMLB can pay u 8 sen for every 10 sen share....

when it received d sale proceed of RM 46,425,000... it wil hv 9.8 sen cash per share..

RM 46,425,000 divided by 473,280,000 shares = 9.8 sen for every 10 sen share......

RM 37,863,000 divided by 473,280,000 shares = 8 sen for every 10 sen share......

malton's bos partly owns pavilion...

I hv made a fair bit from malton b4... for those who hv made profit too.. congratulation!!! n cheers to desmon

HaHa....

calvintaneng > Sell All Malton Shares and Switch to PM Corp(4081) Now!

Why? Petrol price rise cause increase in over 100 construction materials.

Govt clamp down on foreigners cause Vietnam & Indonesia to run back to their countries. Foreign worker wage is RM50 to RM60 a day. Local worker demand RM120 to RM150.
Going forward it WILL SQUEEZE Profit Margin of Malton.

Govt Increase levy on Foreign Purchase & RGPT will further put buyers away.

That's the reasons for selling.

PM CORP is recession proof. Check it out CAREFULLY NOW

Posted by kcchongnz > Aug 21, 2013 06:08 AM |Report Abuse

Posted by Steve Jub > Aug 20, 2013 08:15 PM | Report Abuse kcchong, for malton, i saw the net asset per share pretty high (1.37) and PE ratio pretty low (5.84). what do you think of these 2 area?

steve, you are talking about the financial results ended 30/6/2012 which is more than a year ago. Malton's 2013 results will be announced soon. So the PE ratio you are referring to is history. But even for the 2012 results, you notice that revenue and profit has declined. Malton reported that they made 64.4m, or 15.4 sen per share in 2012. But show me the cash. Why is that that year they have to pay out a net cash of 52.6m? What is this 118.2m as "short-term fund" appearing in the "Cash Flow From Operating Activities" statement? Strange. Now let us come back to its 2013 ending 30/6/2013 which will be announced soon. I won't think it will be pretty. The three quarters results showed that it only make 19.2m or just 4.6 sen per share. What do you think the EPS will be for this last quarter? How much higher can it be when compared to its third quarter of just 0.36 sen? So what is its latest PE ratio then? Don't forget that it has loan stock and warrant holders who are also will be sharing any profit made in the future. Earnings is one thing which I never trust it standing alone. Look at its cash flow. Just three quarters, its CFFO is a negative of 192m! this is a result of increase in inventories and receivables of 83m and 215m respectively. As I have mentioned, the total inventories and receivables amount to 437m as at 32/3/2013. They are already more than its NTA of RM1.43 in its balance sheet. These assets are what I consider as "bad" assets" My feeling is that Malton will soon try to borrow more money from the bank. I don't know the bank will lent them any more and if not, a right issue or private placement is on the card.

Damn scary.

d important thing is U WIL B PAID 8 sen FOR EVERY 10 sen SHARE .... TIS IS GOOD

b careful.. now big fish is pushing d price up to unload at abt 1.00..... BEFORE d budget tis friday.... to beat d bad news.. so to speak...

budget wil announce bad news for property cos

Fact 2. Out of tis RM 46,425,000 sale proceed.....

RM 37,863,000 wil b paid to shareholders.. TIS IS D 8 sen FOR EVERY 10 sen SHARE part .......... don't b confused by d capital reduction.. it is jz for taking out excess fund... d important thing is U WIL B PAID 8 sen FOR EVERY 10 sen SHARE .... TIS IS GOOD

RM 6,562,000 wil b retained by ANCOMLB for working capital... to expand its other businesses.... TIS IS GOOD

RM 2,000,000 bal i suppose to pay d broker as commission.. legal fee etc

See note 4 of announcement



more to come soon.....

on why ANCOMLB has no loss anymore..... post d sale of SSM...

sharp ones may hv seen it for themselves already.....

ANCOMLB can sell its subsidiary Sinsehmor (SSM) in SINGAPORE at very very good price at RM 46,425,000... partly cos Sing Dollar has appreciated a lot.....

more truth to come soon......

Fact 1.

ANCOMLB has sold its subsidiary Sinsehmor (SSM) in SINGAPORE at very very good price at RM 46,425,000... with PE in d range of 18X to 26X.... TIS IS VERY VERY VERY GOOD..

The profit from sale of tis subsidiary is abt RM 25,362,000...

See note 2.2 and 4 of announcement

To put thing in perspective..... ANCOMLBs share capital is jz RM 47,328,000...

more truth to come soon......

aiya.... ok ok... u relax.... bye... better not get u to open ur mouth n speak here....

I notice malton is hot... let's move over... wat is TP?

HaHa... ur in 2.33 by nxt year only thingy is stil on ah??!!

Is good time back for real? ; )

Posted by sleelc70 Hello, you all quarrel without really study the proposal of the company.



sleelc70... hi.. U R WRONG ON THESE PARTS:

Div 4 sen to entitled shareholders,

U R WRONG ON TIS


total div distribute RM18.9M.

U R WRONG ON TIS


With the execise it reduce its lost of rm10M+ to RM2M.

U R WRONG ON TIS

16/10/2013 18:10


truth wil b revealed soon

N... they r talking among themselves now..... cos all outsiders hv left here

ANBZ... Sharp.... of cos they pakat.... i hv told u b4 in semua kerja jwc united.... there r at least 10 of them gangs here in tis forum.....

jwc united = jurung west clv+chu'''ch members United

N clv is not a real person... but a few persons... in d style of.. u know dato k.. made up of a few persons ..... tat is how he dare to quote god in vain...

N among them cld b a guy named Kevin..


N AMONG D GANG SOME WIL SUPPORT N SOME WIL PRETEND TO OPPOSE N ASK CALVIN TO GO FLY KITE..... JZ A SHOW...

JZ B CAREFUL OF THS PPL FROM JURUNG WEST....

U WANT TO JUMP IN IS UR BIZ.... I M OUT OF HERE

HaHa... thks for d run down..... it helps as I m collecting...

truth wil b revealed soon

Kcchonggnz is not a gang bt close la.... He blur blur n got trapped by clv.... n after being praised by JB investors... he went to d extend of calling pmcop a value share..


He is a victim who is now trapped wit siding wit jwc united.... so u can ignore watever he is saying ....

rooney2u >doubts on newbiestockreturns is gang of Jcool17/10/2013

rooney... not sharp.... newbiestockreturns is NOT gang of JCool. In fact he hated me so much as he is a sorhai who didnt take my advise on narra n is now making big loss n regreting like hell...

Jz go to narra forum n take a look...


On d orher hand u ckd well b one of jwc united.. Ha Ha

ANBZ... Sharp.... of cos they pakat.... i hv told u b4 in semua kerja jwc united.... there r at least 10 of them gangs here in tis forum.....

jwc united = jurung west clv+chu'''ch members United

N clv is not a real person... but a few persons... in d style of.. u know dato k.. made up of a few persons ..... tat is how he dare to quote god in vain...

N among them cld b a guy named Kevin...

anbz.... now u know kcchongnz is flawed in many many ways

jz one example here.. tis is his favourite... "plant machinery debtors r not quality assets... cash is"

so u c pmcorp is a wet dream to him.. as pmcorp sets out to sell its property plant machine etc .. which it has bin doing for a few yrs to hv cash tat it badly needed....

as d sales continue d feeling is getting more n more intense... n wil climate whn pmcopr sold off all its assets n jz hv only cash in d bank...

but u think make sense or not?? "plant machinery not quality asset" so don't buy plant machinery... "debtors r not quality asset" so don't make any sales....

as long as thr is cash..."quality" asset "quality NTA"..... crappy result can b over looked as u hv noted

Very basically n in short... ANCOMLB wil reward its shareholders wit 8 sen for every 10 sen share.....

Extra value comes from profit from sale of a subsidiary...

>kcchongnz house, I am not sure about this corporate exercise. You know I am not a finance professional.

U don't know yet u say I m wrong?

KClow.. newbiestock... I feel ur pain....... well as d saying goes.... u win some u lose some... there is always other days other counters... don't give up.. hope u make ur profits elsewhere

Posted by kcchongnz > Aug 21, 2013 06:08 AM |Report Abuse

Posted by Steve Jub > Aug 20, 2013 08:15 PM | Report Abuse kcchong, for malton, i saw the net asset per share pretty high (1.37) and PE ratio pretty low (5.84). what do you think of these 2 area?

steve, you are talking about the financial results ended 30/6/2012 which is more than a year ago. Malton's 2013 results will be announced soon. So the PE ratio you are referring to is history. But even for the 2012 results, you notice that revenue and profit has declined. Malton reported that they made 64.4m, or 15.4 sen per share in 2012. But show me the cash. Why is that that year they have to pay out a net cash of 52.6m? What is this 118.2m as "short-term fund" appearing in the "Cash Flow From Operating Activities" statement? Strange. Now let us come back to its 2013 ending 30/6/2013 which will be announced soon. I won't think it will be pretty. The three quarters results showed that it only make 19.2m or just 4.6 sen per share. What do you think the EPS will be for this last quarter? How much higher can it be when compared to its third quarter of just 0.36 sen? So what is its latest PE ratio then? Don't forget that it has loan stock and warrant holders who are also will be sharing any profit made in the future. Earnings is one thing which I never trust it standing alone. Look at its cash flow. Just three quarters, its CFFO is a negative of 192m! this is a result of increase in inventories and receivables of 83m and 215m respectively. As I have mentioned, the total inventories and receivables amount to 437m as at 32/3/2013. They are already more than its NTA of RM1.43 in its balance sheet. These assets are what I consider as "bad" assets" My feeling is that Malton will soon try to borrow more money from the bank. I don't know the bank will lent them any more and if not, a right issue or private placement is on the card.

Damn scary.

DAMN SCARY.... RUN RUN RUN

kcchongnz... u r jz know how to sit at ur desk n fill in d blanks of valuation methods wit past 10 years' balances from d audited accounts... n nothing more

when it comes to nimble n forward looking ACE companies... u totally cannot la

house.... ya how can par value reduction b positive especially for PMCORP where there is huge losses to clear... n which d term capital REDUCTION is more appropriate...

n since whn has capital cancellation due to losses... where 1000 shares r reduced to say 200 is celebrated n keenly awaited?!?
16/10/2013 12:12

Sure?? Very safe??? Quality assets??

hv 94mil cash in hand.. but hv 84mil owing to its subsidiaries... so is tis cash free for use???

n look at d impairment loss made on loans to its subsidiaries (due to its subsidiaries cannot pay up).. it is a huge 642mil n increasing..,, 2012 4 mil 2011 6 mil...... original loan amount was 852mil....

d scary thing is it is increasing every year....

so owed by subsidiaries cannot collect... but owing to subsidiaries hv to pay.... so how? cash getting smaller n smaller la....


n hello d one who pay u d dividend is d company not d group ok

tis counter has no fundamental... is jz supported by Sing Dollar at d moment.... exchange rate in their favour n high... but in time ur be made lunch of by them who r "superior"