the more they dispose the higher the price will go until RM6.

patient. they do have dividend track record in the past when there are profitable. If the profit is consistent in the next few quarter, dividend will be back.

tax planning. AZRB is writing off planation cost now while can be use to offset profit from construction giving a lower tax effective rate. If AZRB choose to capitalise the planation cost, the future oil palm profit will be lower. TIMING different.

director disposal will support the price as it give more liquidity to the counter.

http://research.maybank-ib.com/pdf/document/ViTrox_FY14_RR_20150226_MKE_7239.pdf

i am accumulating. ;)

Planation will show result in 2016. the planation is off balance sheet, therefore the NTA is undervalue. account to hak isin rather than hak milik for planation land.

the loss is from planation initial cost. this is why the PE do not match in general. if you exclude planation losses, the PE make sense.

just one hour

any deal will need to wait for the cooling period of 6 months from the announcement of withdrawal of SCR.

The most despress the world oil price the better chance SPAC get the QA. Delay reason is always the pricing gap between ROI of SPAC and the seller expectation.

we should analyse the 1cent eps. most of it is due to losses in plantation. it is well known that plantation incur lose at early stage but profit later. For tax purpose the earlier the write off of plantation cost the better instead of capitalise it in biological expenses and amortise later when it generate revenue.
that is why is price is supported.

suggest to go for alcom. same business with Pmetal but better in term of
1) NTA 1.30 , mkt price at 87cent, vs pmetal 2+ with mkt price at RM 6. This exclude the revaluation of bkt raja factory land of adding extra 80cent to the NTA.
2) position cash balance vs pmetal in high gearing.
3) expected good result announce in end of aug.

if you miss pmetal, now you have a second chance to bet on improving aluminium price of Alcom.

I am not challenging your opinion, but would give other reading another side of view.

what is the time frame we determine who is right or wrong , fyh30?

warning : pushing up mother with low volume is to let go warrant at high price with high volume. that is the trick. good luck fyh30

O&G he mean is more then that.

EKVE to commence in sept 2014 and15k hectares of planation land off balance sheet under hak izin.

you need to understand the company Act in order to determine why the par value reduction is good for future. It is very important and good for the investor.

are you sure

that is awareness gap. when the gap is close, you will not see kfima at this valuation.

laggarding is the plantation. with CPO hanging above RM2,600, EPS per quarter will be at least 8cent, pa.a 32cent assuming that security printing business remain the same. Any upward of the printing business will be a bonus.
Depend what industry PE you use, manufacturing or plantation, let's take an average of 15 times. Fair value above RM4.
In regards to dividend, it has the cash flow to sustain more than 3% yeild but again you have to ask yourself whether reinvestment of cash to plantation or higher cash dividend to shareholder is better. That depend whether your are long term or short term investor without relying on cash to sustain.

Up to you to decide.

hidden value is the plantation land of 20ha, of with 13ha is off balance sheet under hak izin. many are not aware of this.

if it hit RM1.05 with market cap of above RM500mil , fund manager will start to buy and the true market is RM1.67

look at KFIMA, valuation is RM4 , trading now at RM2.40

why not? 5% return in 4 months time equal to 15% return without much risk. better than FD right.

base on recent quarter of 8cent eps with CPO at RM2,900, it calculated at 32cent forward eps. Manufacturing PE is 12 time and plantation is 16 time. Taking the averagfe at 13 time it end at RM4 , close the RM4.5 depend which sector PE you use for your calculation

riks point to consider

should take note that there are using 20mil cash to buy a piece of land from govt saving them from liquidate
if SCR not successful, they can use other method to get the value out from the company

their counter attack strategic to influence weak and short term investor to sell to them at 3.66.

HC Lee - this is a very good piece of news. We will work with MSWG

A comprehensive story is on Focus Malaysia for publsihed week of 18 Jan 2014. Engagement minority shareholder to read to understand the insider story and the valaution of prkcorp together with the intention of MI on the SCR.

create a blog for comments and write up if you want to post your analysis. http://prkcorpminoritygroup.blogspot.com/

We are targeting for weekly business english paper where most investor read it. The story will be a comprehensive one.

prkcorp article is on sin Chew today.

now the bod has confirm that it has accepted the SCR and will table to shareholder for approval. Affin is selected as MI adviser, let's see what Affin will say. unfair but reasonable........

An article on prkcorp is published on the edge daily 15-jan of which is available for free download using the edge daily apps.

80cent if the IT outsource from Kenanga is generating the amount of profit base on the forecast. anyway it has met the 3rd quarter target as forecast therefore i am bullish on the management. if Kenanga outsource is a success story then the mgmt will develop a new segment thru further providing IT outsource of which many will be interested to offer in view of the cost cutting environment to stay competitive.

show time for those who believe that the price will drop without understanding the fundamental.

wait for few more days for the English version on thestar and Sun daily.

Today star? Didn't see any

there are other major shareholding holding 3% plus that is KAF and horizon group of which we have wrote to them as well. awaiting their response.

thank for the support. when i say 4.6% it mean 4,6 mil shares as of today.

the regulation work this way, it count on the voting right that attend the egm on that day. let say if 40% attend it mean that if we have 10% vote against, we win. however if we get 11.75%, it is a confirm win. normally you would not get 100% of the 47% minority attending or nominate their right. Some just choice to not to take any action.

as of 4pm today total of 4.64% of MI has extended the support by contacting the said email.

once i get enought support will do the need and inform accordingly.

thank those who has sent the email to me. details will be update to you via your personel email on a weekly basis.

if you are supporting to vote against the scr for a better offer price, please send your name and shareholding to prkcorpminoritygroup@gmail.com, you will be updated with the scr deal accordingly via to your personel email.

I had create an email for this purpose at prkcorpminoritygroup@gmail.com

http://www.theedgemalaysia.com/business-news/270763-highlight-drb-to-be-biggest-beneficiary-of-new-nap.html, new of new NAP is on the dege today.