i think some malaysia burgers are sending money back to USD to pay bank

i need to change my underwear....its wet from sweating

new trading account cheaper comms. minimum only rm8...so it safe me when i sell :) my existing one minimum is rm12 so buy/sell is RM24

for atuk .......http://www.youtube.com/watch?v=TCus-3VPTlA

let's compare with a stock of RM0.47 plus value with book contract of RM1.5 billion but still trading at 30 sen plus. Anyway waiting for my new trading account to be open. Will buy a few. Just to attend the AGM and to meet up with u guys and ladies.

will the leopard KKP change his skin?

when i was holding PMI, and attended the AGM back in 2009; nobody supported me when I question the management why want to buy land with cash since it would not generate enough income to pay for interest.
Those who attended seems happy to have the refreshment only. kakakaka

is it true, Dr M will be the next chairman for Hibi?

i now recall way back 2-3 years ago NF also tried to promote and distribute wine in KL

hi calvin,

I am now excited. Plz enlighten us:
1. Why choco mfg under licensed?
2. Who is licensed holder?
3. Why marketed by Tudor Gold Ltd is a dormant shell company? Hope Tudor Gold is not the licensed holder for principal to siphon money.

No commercials for 2011, 2012, 2013, maybe TV..which I watch like once a fortnight
Empty boxes at Giant Hypermarts no replenish...poor distribution management?
As I recall Kandos & Crispy are old brands.
There are Tudor Lite too, perhaps less sweet?

I dun understand how to read the last quarter financial.
Revenue - 18907
Profit b4 tax - 23037 (sale of asset?)

A company tat involve in mfg and distribution has its cash tied both ends.
In mfg, buying the cocoa is likely through the cocoa board and this is by cash.
Good manufactured are sent out daily to distribution channel and thereafter to shops.
Small rural shops will stock and normally have 1 week credit while supermarket chains will ha e 30 days credit.
Say the product sale is RM10 million a month.
Cost of raw materials and operation make up 50%
So company need to pay RM5million in month 1; while the RM10 million will come in month 2.
So the money is used to cover the 1st month and balance for raw materials & ops cost in month 2.
As sales volume goes up, the input for raw materials & ops cost shall increase.
Unless the money from the supermarkets come in every 30 days (and good delivered are on consignment) the company must make use of OD for working capital.
Therefore any surplus cash say dividend of 1% is to be paid from surplus cash flow, the company must have enough to cover for at least a few months in advance (normally 3 months). Should it anticipate an increase in sales such as festivities, more upfront cash flow is needed for raw materials and ops cost.
Based on this assumption, trading and manufacturing company pays low dividend unless have a good cash flow reserve.

hehe...my smile cannot fit my face liao

i m trap by this stock base on tong's recommend

wats cuming? for this stock?

bros and sis, any good news for this maybulk?

remember this?
http://announcements.bursamalaysia.com/EDMS/subweb.nsf/7f04516f8098680348256c6f0017a6bf/afd99bbf47849e5848256f2b001970f4/$FILE/PMCorp-Circular.pdf

NETWORK FOODS INTERNATIONAL LTD
formerly known as SUNSHINE ALLIED INVESTMENTS LIMITED
f.k.a PENGKALEN INVESTMENTS LIMITED

A check on Tudor Gold website:

Marketed by Tudor Gold Limited
The Old Farmhouse, Rossway, Berkhamsted, Hertfordshire, HP4 3TZ

Company Registration No.: 07098655
Incorporation Date: 8 Dec 2009 - 4 Years old
Financial Year End: 31 Dec
Capital: £1.00 as of 23 Jan 2013

Directors and Company Secretaries
Andrew Clayton
8 Dec 2009 ⇒ Present day (4 Years ) Director
George Tang
8 Dec 2009 ⇒ 29 Oct 2013 (3 Years ) Director

ANDREW CLAYTON
Date Of Birth:Sep-1965
Age:48 Years
Nationality:UK
Country of Residence:UNITED KINGDOM
Occupation:BUSINESS MANAGER

GEORGE TANG
Date Of Birth:Jul-1944
Age:69 Years
Nationality:MALAYSIAN
Country of Residence:UNITED KINGDOM
Occupation:COMPANY DIRECTOR

135 other people also use HP4 3TZ in their address (this is probably a mail forwarding service address)
40 companies are also registered at HP4 3TZ

5 Nov 2013 TM01 - Termination of appointment of director
APPOINTMENT TERMINATED, DIRECTOR GEORGE TANG
1.
25 Sep 2013 - Form: AA - Annual Accounts
ACCOUNTS OF DORMANT COMPANY MADE UP TO 31/12/12
2.
9 Oct 2012 - Form: AA - Annual Accounts
ACCOUNTS OF DORMANT COMPANY MADE UP TO 31/12/11
3.
16 Aug 2011 - Form: AA - Annual Accounts
ACCOUNTS OF DORMANT COMPANY MADE UP TO 31/12/10

The Edge Malaysia published an article "MUI's RM428m puzzle" about the debt of Malayan United Industries Bhd (MUI). Interesting about this case is:

The amount is huge: RM 428 million (incl. accrued interest), for instance compared to the marketcap of MUI of about RM 600 million;
The bulk of it is owed for more than ten years, quite stunning;
Little progress has been made to recover the amount, only in 2011 the matter was taken to court;
The amount is owed by the charitable Hope Foundation and its subsidiaries; according to MUI the deal is not a related-party transaction, which is puzzling because the Hope Foundation seems to be linked to MUI's controlling shareholder Tan Sri Khoo Kay Peng.

1. http://www.malaysia-today.net/mtcolumns/40479-tan-sri-dato-dr-khoo-kay-peng
2. http://cgmalaysia.blogspot.com/2012/02/pmi-more-questions-than-answers.html

I notice in forum, no one mentioned or question about Hope Foundation n y co HV so many subs. :-) happy investing. Juz bought a Tudor to support.

This is my take. BOD are trustee of shareholders. Cannot keep selling assets to cover management blunder. The asset belong to co. Ans ultimately shareholder must be vocal to voice dissatisfaction on the mgmt in which we HV no say of appointment and salary payment.
PMI now is a shell company accumulating debts.

New federal head coming in Jan 2014, cause current one keep tapering as topic.

A good choco is 90% cocoa, and taste bitter sweet.

Hi skytl,
I invested in PMI. It owned Metrojaya about 50% I think. And I bought the shares average at 15sen a piece. Metro was the main income contributor.
The company had debts I think 300-400 million. Sold off Metro to reduce the debts, to buy PMI building (rental hardly service interest) and a piece of land near corrus hotel, used as parking.
PMI is now back to pn17.
I m sure they will sell the land and building and liquadzte the company.
When I question r u sure want to develop the land when market is bad (2008). The a.h. responded that I m being pessimistic.
5 years on, co is back to pn17, revenue hardly pay debts. Tell me if the a.h is a prudent or con businessman.
Ask also about HOPE foundation, ansd its debt to MUI, in hundreds million. Who owns HOPE?

1. the company is con job.
2. I was the investor conned. Shares drop from 15sen to 7 sen. Sold off its profitable company and park the land in it.
3. When I ask what you going to do with the land, they say would look into development.
4. A company with 100 million debts want to develop a land? Where to get the financing?
5. That was by the way 5 years ago. No div., no price movement. There's even rights issue to it.
6. Why is there a loan to Hope Foundation in hundred millions?
7. Who owns that foundation?
8. The principals juz park the money there to escape divorce split up!

wonder who's buying?

huatla

Struck oil oledi?

Amcorp Properties Bhd has signed renewable energy power purchase agreements worth some RM11mil per year with Tenaga Nasional Bhd (TNB) to supply renewable energy to the latter for 21 years. June 4, 2013 .....go income coming upon completion

tongkooionn recommend this stock to keep for your children lo

kaka 505 save our savings lo

Tan Sri Dato' Tan Chee Sing
4 December 2013
4.0611
90,521 (No. of shares disposed)
0.007%

hi all, lets start 2014 with a + note.

who owns Hope Foundation?
why a foundation owes a company so much money?
the answer to these questions will answer the co that you are investing in

buyers beware of this pan malaysia group. they are con group.
i had pmi once. they sold off the profitable business venture like metrojaya to related companies.
then they bought a piece of land. i question them. they said will developed the land. after 5 years, the plan to take the company private. the investor just loose money at miserable price.

.....the news on new private placement for new funds...work will stop in 2 weeks time for holidays...work only resume in January 2014...

On behalf of the Board of Directors of Hibiscus Petroleum, Hong Leong Investment Bank Berhad (“HLIB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had resolved, via its letter dated 29 November 2013, to approve the listing and quotation for up to 277,777,777 new ordinary shares of RM0.01 each in Hibiscus Petroleum to be issued upon the conversion of the CRPS-2013 subject to the following conditions:-

mgmt oledi know not listing, tats why let share drop to 3.88. pick-up. sell at 4.20 for Christmas money

anyone wants to join me for a trip to Oman?

why drop again...good...???

ade jual obat kuat lelaki?

this tug-boat say I can....this tug-boat say I can

siong loh

will.i.am need to marry a young wife to rebound!

i juz got in bungaraya last week. nak duit untuk cina raya

is STM good news?
No div for last quarter pending listing of STM.
Anyone know why BToto so low?

ini stock susa mau mali lo

water is receding di

better take company private. pay rm1; get rm0.43 free