Mike, ya loh I sold some recently and still holding some leh. Hope for a better picture with the coming q result to decide to sell or hold longer hehe. Fortunately I did some buying and swing-trading when the price was between 0.215 and 0.26 which managed to lower my cost quite a bit. I suspect this is gonna happen again and again (below 30 cents) until people restore their confidence in this counter to hold long term.... will take a look at your recommendations. Thanks Mike.

Many bought this counter last year mainly because it had lots of cash and undervalued assets (it still does) with no debt, the 'rumoured' capital reduction and cash pay out. The price spiked up initially and went back down because the latter did not materialize end of last year. As a result, many were 'trapped' and lost confidence or faith in the management. Many took the opportunity to sell during the recent price run-up to 27 cents which caused the price to go down a little.

Possible catalysts :
1) Good coming quarter results
2) Revaluation of assets
3) Sale of assets
4) Capital reduction and cash pay out (unlikely for now but not impossible)
5) Shark's play (always possible with penny stocks hehe..)

At current price, I won't lose any sleep if it goes lower because of the company's cash and assets but it takes more than these for me to hold long term. Business prospect or growth is more important in long term investing. The previous quarter's profit mainly came from the land sale. Minus that and PMCORP's choc business did not really generate much profit.

So for me, this coming quarter results at the end of this month is crucial in telling us how much growth/ profit we can expect from the next few quarters. Don't forget that the coming results will reflect the sales during the supposingly peak period (year end holiday season). IF they can't make more money during that time....well........ you get what I mean.

Disclaimer time hehe....
Above are just my personal views based on what I have observed and I might be wrong.
This is NOT a buy or sell call.
Sincere apologies if I offended anyone, no offence intended at all. If there is please forgive my bad england....

Good article, thanks Tan.

Wow Mike, you are up early. Still having jet lag hehe. Thanks for the tips.

Sleepy liao...thanks for tuning in and stayed tuned for more conspiracy theories next week.... hehe good night guys...

Mike, was just reading the chocolate ship thread. Congrats on your new job. Know you will be a busy man starting Monday but do drop by here once a while lah....

Mike, how are you? Gong Hei Fatt Choi!!!

Sorry, what I just said must be kind of silly to some stock experts. What kind of trading style is that?? Haha, ok ok I am learning hehe. Will try some swing trading from now on to make it more exciting.

Agreed with AyamTua. Given time, any penny stock will also move (can be up or down though) irregardless of its fundamentals but nobody knows when exactly except may be the sharks or insiders. Small timer like me who is not good in TA prefers longer term investment. For me, I try to invest in businesses that my simple brain can understand. For this counter, honestly I am waiting for the coming quarter result to determine whether I should hold longer after it is out. I cannot guarantee that the price will go up even with good result but well, I have been waiting for sometime now so why not just another two weeks.

Thanks Lim for the info on TAWIN. Will take a look there. Aiyah, long distance relationship is tough. Sorry didn't to busy body, my apologies. Good luck and all the best.

Hi Lim, welcome back. Found any good counters? Share lah hehe... Oops, you are not having dinner with your sweet heart now on Valentine's , are you?? Never mind, can chat tomorrow hehe..

Wah ayeefk how did you know i have been queueing at lower prices lah hehe... no wonder i could not get any lah... appreciate the analysis as always...

Hepitrade, sorry I can't really answer your question causebI didn't really monitor the movements of this counter in the past 2weeks. Anyway I am no expert lah like bro ayeefk. He did give a very good and logical answer earlier though. I think it all boils down to the quater result end of this month... So, whatever will be, will be.... chill...

I know some friends here don't like postings on other counters here....... but just my humble opinion it's a good idea at least for now... my apologies in advance for any inconvenience caused...

Yes AyamTua the more join here the merrier....
Hi brader Swing, any good counters for short term while waiting for this counter to wake up hehe...

Bro ayeefk, I miss all the encouraging, supporting, comforting, heartening even the opposing postings too haha. Yes, all views are welcome...

Gong Xi Fatt Chai and happy double Valentine's Day comrades!!! This small-timer conspirator the humbled is still around hehe... May these greetings find you all in the best of health and wealth..... huat huat huat!!!!

Oic... that explained why....thanks TheOneZ and Calvin.

Will probably wake up only before tomorrow's session to get the highlights of Mr Bernanke and successor's speech. Don't think can stay awake long enough at 2am.... Must be getting old hehehe....

Ayeefk, you are most probably right. This counter's volume these few days has been really low. Most traders already stopped for CNY I supposed... so ya most probably after CNY...

Ok Bro ayeefk I didn't just do that hehe.
Looks like we can expect more actions today?? Just my observation and trade at own risk...

Thanks again for the advice, will queue at lower prices and be cautious...

Did notice that although the buy queues are increasing they didn't trigger any strong buying probably because of coming holidays and if this continues after CNY we should see some good actions huhu.... will try again to collect some today hehe......

Ya did notice that I might have to up my offer in order to buy more hehe... thanks bro ayeefk..

Ok bro, gua jugak nak q recent low 0.21 lah besok hehe..

Lee9fold, did u manage to buy today? Market sentiment very bad oh, be cautious bro. All sifus also turn defensive already... I plan to q buy but at much lower prices and will go slow first. Good luck to you..

Leslie we get ang pau or give angpau hehe....

Thanks bro ayeefk..

Sorry was queueing at 0.225...

Q at 0.215 also cannot get lah. Ok tomorrow i q at 0.205 hehe.. Mike 0.105 can get that low ah?

Wow Mike good for you. My swing skill not good at all so don't dare to swing trade. Just trying to q buy at much lower prices. If can get will keep and wait loh hehe....

Cheap sales coming?? Hehe...

Wow, that is big news. Thanks Mike..

Thanks Mike, will look into that tomorrow...

Ayamtua, we are just glad to hear from you again and know you are well..

Welcome back Ayamtua!!

Again although sometimes I may not agree 100% with some comments, but always appreciate 100% your time and contributions here. Please keep it coming. Sorry I don't name names to thank cause scared I miss someone so thank you ALL.... Arigato gozaimaze!!!

Vely the quiet for friday. Could not get any of my buy bids. Guess that is good thing hehe...

Erh...? We have 2 Calvins here...?? Hehe the more the merrier.....

Mike, good to hear that you made more money..

Thanks for the tip. Don't know much how the whole gold trading mechanism works so did not dare to buy... you are right i should learn more about this....

Ayeefk, you trading gold too? May be got big sharks there too hehe just kidding...

Yes, swing i will try to sharpen my swing skill too hehe...

Hi Calvin, any update on cash payout? I noticed the buying q is gaining momentum for MUI although it cooled down a little in the past few days. I suspect it's because of the recent MUI announcement on taking additional 4mil usd loan. Any take on this?

Plan to collect more again if still get the chance hehe

I sold some to get some leverage in case it goes down further. At that time i had no more bullets liao so had to sell.

Welcome welcome and very happy to see some new friends here hehe.
Ayeefk, tqvm as usual for your explanation and analysis. Always informative..
Swingtrader, good to hear from you again man. Yes, I am a strong supporter of pmcorp hehe although was much stronger before because I sold some shares at 0.265 which i bought between 0.215 and 0.24.

Not yet mike but thanks, just one last outstation work trip before new year. Catch up later.

Sorry slept early last night and trying to catch a flight now. So won't bore you guys with my conspiracy theory today hehe and talk to you guys tonight. Hope for better run today. Adios amigos!!!

Welcome back and thanks Calvin. Pls keep it coming...