example, frb, one of insas investment, latest result is excellent with new venture into hsbb. hohup exit pn17 etc.

good q instead, as % holding vary, not viable to justify insas by simply looking at one branch.as a group, can checkout latest audited report

GOM is not new to T&I contract: http://www.themalaymailonline.com/money/article/puncak-niaga-unit-secures-contract-extension-from-petronas-carigali

current bid for much larger 5 years contract: http://www.thestar.com.my/Business/Business-News/2013/11/12/Two-frontrunners-for-Petronas-jobs.aspx

all the best!

nothing speculative here, all r in written b&w, also forgot pan m'sia contract already? owner started moving shares, something cooking already :D

if next week can break 93c and stay above, after 96c will see challenging $1

up trend resume, good closed despite all the expected skepticism, will be one of the hot stock coming 2 weeks ;D

fuyooo... hahahaaa... congratulation folks! wonder when this counter papa gonna follow ;D

increasing water projects is a good sign. http://www.theedgemalaysia.com/business-news/264295-minister-rm12b-for-68-water-supply-projects-nationwide.html

http://www.malaysiakini.com/news/222485

hoho... u never know what these ppl really up to, if not a drastic drift from 2.5 -> 5.2?? that's y it is soooooo important to do homework

note is not that no $ to pay the extra 3%, but how about other players? there need to be a justifiable and formal process to make such call.

medical center, branded coffee, fashion... keep counting! insas boss has keep it real low profile ;D

not only inari, here's a summary: http://www.btimes.com.my/articles/20131107000109/Article/

securities, ICT, property, construction...

RHB now said $5.22 : http://www.theedgemalaysia.com/business-news/264168-rhb-research-upgrades-puncak-niaga-to-buy-raises-fair-value-.html

another dsonic? :D

trend/vol like malton during the time attempted to cross $1...

for political sake, price improvement has to be proper and formal -- that's the underlying message.

http://www.thestar.com.my/Business/Business-News/2013/11/22/New-water-offer-on-the-table.aspx

given 4 attempts already, the market is calm and quietly wait :D :D

nevertheless, don't forget another strong catalyst which is pan m'sia t&i contract... hope for the best, folks!

another strong catalyst in the pipeline is pan m'sia t&i contract ;)

at a glance, revenue up with lower profit due to lower prices of palm; which affect all plantation co. not just cbip. this is not a bad result. of cos, u may have yr own valuation, yr $ yr choice!

member, the ball is now with puncak, would puncak say no for 3% different where much to "due diligence"? sit tight and watch. kps will get the letter after puncak, v will c how much upside is there. gamuda believe currently nego keses all together. this whole deal worth 10b, won't b straight forward, but worth all that patient :D

the total value may b revised after due diligence, see page 2 of the offer

note state gov didn't say 15% is no way, the msg is let due diligence go first, go thru arbitary where needed. this more of a political issue than monetary. patient folks!

no wonder so stable today despite market jittering :D

hahahaa... after YEARS of waiting... hahahaa... btw, good chance offer can hike after the due diligence!

how it goes tomorrow will be important, let's c :D

surprisingly strong today :D

encouraging buying momentum

@sep, homeriz is quite pro in managing their foreign currency trades, checkout 2012 annual report page 58. despite strong MYR, the group still perform exceptionally well in 2012. today strong USD one additional bonus for homeriz export business.

good to see there r still ppl in i3 believe in different opinion, no biased comment. LIKE!

btw, the downside for this ctr is limited with strong hold at .35c, relatively safe to hold should one entered today. good luck folks!

exactly, until that part gets improve, this counter is difficult to move

teng suggestion of going to London Court of International Arbitration for the matter is amusing... too much, this is just a state water only, my goodness!! anyway, good to hear that it's the final knot already, bisasa lah... not until last second no deal :D :D :D

would all parties risk a deal this size (monetary & politically) for mere 3% differences? ;)

seen this b4? puncak is asking for 3% increment: http://www.theedgemalaysia.com/in-the-edge-financial-daily-today/263733-highlight-a-rm2b-gap-in-pricing.html

good that more $$$ in talk, but could prolong the nego

qtr report juz around the corner

u serious pradeep... hahahaa...

good observation :D however, the qtr after next may see upside, have to monitor further.

no need 10 years, e.g. biodiesel in time to come will be another focus. cbip has the engineering capability plus land and other businesses.

http://www.thestar.com.my/Business/Business-News/2013/11/21/Big-impact-from-biodiesel-seen-Nationwide-implementation-to-help-stabilise-CPO-prices-reduce-domesti.aspx

net margin, ROE, ROIC, FCF % of revenue of pmcorp even higher! talking about ASSet, ROA, RONA of pmcorp even better since 2008! hahaHHaha...

eh? change story now, notice u don't know what other is talking about? hahahhaahaa... no free lunch, u think yr fcf is correct right? go ahead, juz like yr once amusing PE explanation. hahahhahaaa...

for other who is interested, the whole story is simple, this auntie uses nnwc leverage on the bulk cash to "show" this counter worth 30c. the fact is, going thru all 4 qtrs result, pmcorp business is pointing downward. this does NOT means pmcorp does not worth invest - this is up to u. however, no one should BLUR the line between asset and POOR performance.

good luck... and go and buy a tudor now :D

don't write long grandmother story to blur the line, divert the point! since when am talking about asset??? u totally don't understood what ppl r talking and simply attack'n'attack. read back the posts, who is talking what! aiyoyoo... afterall, other cannot use FCF etc to do their calculate ke? must be asset play ke?? u know nothing about what u talk at all, a result of copy too much ke?

@tsuru, hope Calvin is right. just that combine analyst using full rolling 4 qtrs figures, that will be a steep hill. another thing is pmind is in trouble, not sure what's the impact (hopefully nothing).

talk is easy, let us all c how's the next qtr report looks like. but what pmcorp is TODAY remain status quo, no one should blur the line between asset and performance.

@tsuru, another gentleman clearly point out the fact, respect!

as for the above auntie, want free lunch? go and sell yr balls... eh, u don't have wor, that's why u copied and modified to cheat in kfima thread.

what is actual profit margin of pmcorp, without the sell of asset? si-tipu-roti-canai!!

Posted by tsurukame > Nov 20, 2013 05:23 PM | Report Abuse

PMC is now a pure asset play as it has no earnings at the moment...downside is practically zero...as based on kcchongnz graham net net intrinsic valuation it is 30 cents.

Calvin had stated that the immediate play is now on RETURN OF CAPITAL to Shareholders.... For details please ask Calvin as he has latest info on capital repayment & timing of capital repayment at his fingertips

Once the assets comprising of quoted & unquoted investment, loans earlier on given out to MUI group of companies are returned to PMC, PMC will have lots of liquid assets, PMC will invest in expansion of production facilities for existing & new food business .....the next play will then be focussed on RETURN FROM CAPITAL EMPLOYED...In that situation one can look at PE, EPS, DCF etc to arrive at Intrinsic Valuation of PMC business in $/share..but this is sometime in the future...

see how the mad dog draw other into a fight. fuuyooo, talk a saint, actually a si-tipu-roti-canai!


Posted by iafx > Nov 20, 2013 04:42 PM | Report Abuse

@david, lookin for free lunch? hahahahaa... u can sell yr ball at pasar raya, crying for stagnant stock then :D :D :D


Want to bully david? Hey people got balls, you got or not?

david, take him on. Like I have said, you are much much better than him in financial knowledge. That I definitely can bet on that.

@house, what is the gross profit margin without the sell of asset for this qtr? for sure u know the answer. use of nnwc here is obviously juz to *leverage the bulk cash (highly questionable), which u HONESTLY point out "For PMCORP its purely asset play...". for this, u have my basic respect. PMCORP business is going downward that's a fact, don't be bias and dishonest... the 5 chopstick and FCF will failed big time calculated 5 years (heave lost 2008 - 2010) range, that's a fact, don't cover this fact by attack other, this is not FA already, this is TIPU.

now, if u read back, who started such hatred discussion? kua merely discussed with cosway saja, tak boleh ke? everyone must talke the same BS to post here ke? hahahaa...

eh? where is the 5 years 5 chopsticks? where is the famous FCF? no balls to list down here? hahahhahahaaa... pmcorp make losses since 2008 (heavy) till 2010, so this is the standard of so call FA stock. hahahhaahaaa... bias bias bias

@david, lookin for free lunch? hahahahaa... u can sell yr ball at pasar raya, crying for stagnant stock then :D :D :D


For the financial period ended 30 September 2013, the Group recorded revenue of RM56.4 million compared with revenue of RM58.4 million for the previous year's corresponding period. This was mainly due to lower sales to OEM customers and deferred export off-take.

Gross profit margin decreased from 36.2% in the previous year to 34.4% for the current period. The lower gross profit margin for the current period was mainly due to higher price for certain raw materials.

Despite lower revenue, pre-tax profit for the current period increased compared with previous year's corresponding period. This is due to an exceptional gain of RM21.58 million arising from disposal of leaseholdland and building.

- asserted from page 8

as usual, always bought at lowest sold at highest, what co-incident!! hahahahahahaaa.... congratulation! congratulation!

hahahahaaa... david bro, pls read yr posts. hahhahaaaa...

profitman, u r right should that be short term (by this q). am looking at much longer term, at least two div cycles and beyond.

@member41, who is drawing a fight? u c for yourself. enough talking, juz use the *famous 5 chop (or yard?) sticks or FCF to scrutinize this counter, download the latest qtr report, see how cash is generated, see page 8 performance review. zero div, potential troubled mgmt. linked, large pile of "mystery" cash deposit... while many complaint about china counter having flaw account, sigh!

see for yourself if there is BIAS and DISHONEST, enough say... what a waste of time to a sunny day