Good morning Calvin,
Thanks for the info...Please advise if you can the following:
- List of PMC quoted investments(original investment sum, year of investment)
- List of PMC unquoted investments(original investment sum, year of investment)
- List of Monies loaned out( Amount, Year of loan, Loan interest rate)

Thank you and best regards,
tsurukame

Robert Love,
In business one can never have a fixed view of what is going to happen in the future....some may emphasized that brilliant strategies were a result of detail planning but others would disagree stating that brilliant strategies arise out of accident really and even that is so and if one does not possess a flexible, opportunistic mind-set...brilliant strategies may not even materialize......

There is currency wars happening in todays world and no one can really predict the outcome...I would like to just leave an idea with you...Enterprising business people sees opportunities when the others are oblivious to it...one can never exactly predict the future outcome even if one wants to....likewise what will Janet Yellen do when she takes over....continue with tapering or introduce negative interest rate on cash deposits or something creative that keeps interest rate very low??? What will be the likely impact on this world... your best estimate may not really be precisely correct. Therefore there is lots of uncertainty....and the only certainty apart from death is there is absolute certainty that there will be uncertainty in this global world that we are all living in..

Due to the uncertainty of business possibilities and business impossibilities... the only certainty for Value Investor is to rely on Graham net net basis of determining intrinsic valuation ... and in that respect I would concur with kcchongnz method of determining intrinsic valuation of Tienwah using the Graham net net methodology...

good night and have a good week ahead!!

Now one has state of art scanners to scan for gold underground..no need to dig up to find out...the scanner for PMC now is how much is the capital payback to MUIIND... My take is it will be vey attractive enough to excite the market as I will use this as a two prong strategy...first excite the market on PMC and MUIIND...second improve Balance Sheet for MUIIND significantly..

PMC right now is an ASSET PLAY...Return of capital back to shareholders...share par value reduction first then consolidation....Price will respond if the return of capital is very attractive.....

My take is MUI need very attractive capital repayment as MUI really needs the Cash infusion from PMC...It is much Better to do VERY ATTRACTIVE CAPITAL PAYMENT ONCE that excites the market and bring attention back into focus on PMC and MUIIND rather than a lukewarm exercise that does not stir the market interest and PMC and MUIIND will be forgotten stocks....

Post consolidation PMC will be valued on its own MERITS ie. its EPS derived from business operations...how much is their Revenue growth, EBIT, EPS, EPS growth, Dividend Yield ...very medium to long term horizon.... New product introduction, How successful PMC penetrates new markets etc...

PMC has a great tasting product in Tudor Gold which it could leverage much further to gain wider consumer trials, new converts etc but that is up to new PMC management action plans for the future..

Most important.... Fundamental for EAH is getting better and better!!!

That's great Kutty123..Believe in your self...your own analysis and decide to invest based on objective analysis and chart trends...you made the right decision as mbsb gives good dividends, its eps is reasonable and epf wants good dividend pay out from its investments...you can sleep well with mbsb..

IPO price for EAH is 25 cents(I think... please correct if I am wrong on this IPO price)...EAH is a laggard stock...Price had bombed out after a few years....Chart now looks good..it is coming out of recent consolidation...It is on UPTREND..2014 will be better for EAH...my take is exercise price will be at least 25 cents and above...that means mother share will be above 30 cents by Q1 2014 before warrants are issued...

Every warrant has an exercise price which means how much it will cost to convert 1 warrant share into 1 mother share....If EAH wants to issue free warrants to its shareholders, these warrant must have an exercise price and the exercise price will be about 25% below the average of past 5 days closing market price of mother share before the shareholders meeting...

Kutty123,
If the rights is at 2.04, mbsb will be above 2.04...easily 20% to 25% above... mbsb price has closed UP today@ 2.62 compared to its low @2.48 which was when Coldeye was reported in this thread to be selling mbsb... if you have done research and is convinced mbsb is a potential blue chip then decide based on your findings....don't listen too much on others...just remember epf is the main shareholder...it wants good dividend pay-out from its investments...

YiStock,
What is the exercise price of the new warrants?

sklyte,
Good news from the ground on PMC promo....Tudor Gold has real edge in taste over locally produced Cadbury n Nestle Kit Kat....I really doubt whether PMC shareholders will continue to support Tudor Gold if Tudor Gold does not have the edge in taste over its locally produced rivals...PMC must step up promo further to get new consumers as right now Tudor Gold has the edge in taste compared to its locally produced rivals..

The Iranians say....Let the US Drones come into Iran...We can see them ..We are not worried...We have the technical skills to take over the Drones the moment it comes into our airspace....Two US drones were reported by Western media to have crashed in Iran....The real fact is the Iranians took control of the US drones and landed them safely on Iranian soil...

Rental Yield is RM6,000 Now. A yield of 29% - Beating Warren Buffet Berkshire Hathaway at 25%.

Calvin, The rental yield must be based on market value of the property...If the market value is RM 2 million, the rental yield is 3.6% per annum and NOT 29%...rate is similar to putting cash deposit in banks but there will be capital appreciation over time...

Just curious...what is your take on the effect on new investment into Iskandar from Singapore resulting from the change in new working days in Johor State?? now Sunday is a working day in Johor but holiday in Singapore..

Yes BIG profit is Good....Is it repeatable in future quarters or just once off BIG profit ???

It is very good time to collect some more KNM now...don't contra ...just hold...

I am not an investor of Hexza but I do follow this counter. The price movement of Hexza today is not comforting as it broke below its 200 days MA of 71.5 cents to 68 cents and is now hovering slightly above the 200 days MA.

This is the first day of major price down . The chart does not look good for the short term...

Calvin,
OK thanks for the info. Has MUIIND set A SPECIFIC target time to pare down debts??

Calvin,
KKP had sold companies and will continue to sell more assets to pare down the huge debts amassed during the peak days as he knows deep inside his heart that "HUGE DEBT KILLS" especially when interest rates start to rise and the interest rate trigger came from "Helicopter Ben" when he mentioned "TAPERING" recently and caused US Govt Bond interest rate to spike up to 3% pa from 1.8% pa ..now it had settled below 3%...It will be just a matter of time before interest rate will rise and rise and rise...

Having said that selling assets basically improve the Balance Sheet figures and maybe once off adjustment to Earnings per Share value as what PMC had done recently.... Despite the selling down of assets the BS figures of MUIIND is still not good...More assets must be sold off fast to restore MUIIND balance Sheet figures

Strategic Turnaround means Companies will pursue Strategies that will drive the value of companies UP......It is basically very simple....COMPANY'S BUSINESS OPERATIONS must deliver the following:

- Good Reasonable PE ratio
- Good EPS value
- Good EPS Growth
- Good Revenue Growth

So far latest Q3 2013 reported results had shown that both PMC and MUIIND has not really turnaround...All had relied on exceptional items to deliver Profits.....but the operational performance for PMC and MUIIND had indeed deteriorated compared to 2012...I did ask you several times about this fact but you had chosen to ignore my questions...AND THAT IS WHY I STILL DID NOT SEE!!

"What Shall It Profit A Man if he gain the whole world and lose his own soul?'

Calvin,
Based on the above...Did KKP lose his soul when at he was at his peak in MUI?
When did KKP become a born again Christian?? After MUI had collapsed??
Did KKP regain his soul back after being "Borned again Christian"

What is KKP plan now for MUIIND and MUI group of companies?

Is there a TURN AROUND STRATEGY FOR MUI AND MUI GROUP OF COMPANIES?? OR R U STILL WAITING FOR IT???

"What Shall It Profit A Man if he gain the whole world and lose his own soul?'

So what is your take on this Calvin pertaining to KKP ??

member 41: Good question...I honestly do not know...This was the reported story in Focus Malaysia...maybe the reporter PY Chin knows better...

Calvin ,
Focus Malaysia had main featured KKP's Crumbling Empire (pages 10-12)on its Sept 28-Oct 4 Edition and subtopics included the following:
- The forgotten corporate high flyer.... From the country's largest company to languishing stock.... KKP MUI has seen it all
- Key milestones in KKP career
- No apparent heir in sight
- Trial by fire by KKP and MUI

Focus Malaysia end summary are as follows:
KKP now has two main challenges:
-First he has to deal with his businesses turning sour and shrinking
-Second he is fighting to maintain his 43 years marriage

I sincerely wish the best for KKP that he triumphs over these two major challenges and pray that God's trial on KKP is just like what happened to Job in the biblical story...in the end Job was rewarded by God receiving more than he had originally possessed...hopefully so does KKP...

Good Morning Calvin ,
Good decision to sell your houses in Johor as house price now is BUBBLY....

Ayam Tua,
Chart for Hexza is getting bearish...it broke through 200 days MA of 71.5 cents this morning.....Now it is hovering at 200 days MA...Better do some work to check causal factor for price drop today...

Recent price consolidation after surge to 22 cents for EAH is over...Chart indicators are indicating further UPSIDE in EAH price.....NEW UPTREND started yesterday...

Chart data are starting to indicate that recent price consolidation since KNM broke out on Nov 11 2013 may be nearing its end...Looks like KNM price will break out of current consolation mode and move UPWARD..

DBKL’s recent announcement of an imminent assessment rates increase has sent shock waves that could be felt in the years to come. It will hit approximately 1.6 million residents and over 424,000 households in KL, not to mention the multitude of businesses operating in KL.

Suddenly these households and business, already squeezed by other increases on costs and expenses, are facing another major punch in the gut.

Many of them are staring at an astonishing rate hike of between 100%-300% and in some instances even more. This would translate into exponential increases in assessment rates.

For renters/tenants, housing and accommodation costs would go up as their landlords would ask for higher rental eventually due to the new rates. This would result in the reduction in Household Disposable Income (HDI) causing them to spend less on other goods and services.


Calvin,
The latest DBKL decision to raise assessment rates starting Jan 2014 will have a negative impact on operational profits of commercial business such as MUIIND as best performing METROJAYA outlets are in Mid valley n Bangsar...

sklyte
Go to Pg 1 of Latest Q3 2013 report and compare the YTD 2013 vs YTD 2012

YTD Revenue 2013 is lower than YTD Revenue 2012 by -0.44%
YTD Gross Profit 2013 is lower than YTD Gross Profit 2012 by -5.13%
Profit from operations for YTD 2013 is lower than YTD 2012 by -15.58%

Observation: Performance in YTD 2013 is worse than YTD 2012 performance

YTD 2013 profit from operations =RM 37.776 Million is lower than YTD Finance cost of RM 38.783 million--> For YTD 2013 MUIIND makes operational loss(RM 37.776 million - RM 38.783 million) = - RM 1.007 million...

OBSERVATION: The finance cost for YTD 2013 is higher than operational profit for YTD 2013 and as a going concern this situation must be rectified by either higher operational profits in the future( looks quite doubtful) or MUIIND sells off its assets to retire all or part of the debts. In simple layman terms...whatever operational profits that MUIIND makes from operations is 100% eaten away by Interest on its Huge Debts.

Based on my observation of the latest Q3 2013 report and previous reports, MUIIND had to rely mainly on exceptional items to deliver profits. MUIIND Operational profit is lesser than its finance cost as it has too much debts for the size of its business....In view of this , MUIIND best option is to sell assets to retire the debt...Once debt is removed, MUIIND can then make operational profits in the future.

Calvin Tan,
Please send invitation and I shall be there...
thank you and god bless

Good morning Calvin,

MUIIND operational profit is less than Finance Cost...that means MUIIND as a going concern has only negative operational profits..

MUIIND relies on exceptional items to neutralize the negative operational profits....

MY RECOMMENDATIONS TO MUIIND KKP:

NO 1: EXECUTE CAPITAL REPAYMENT FROM PMC TO MUIIND FAST
NO 2: SELL OFF ASSETS TO PARE DOWN DEBTS....BETTER STILL ELIMINATE DEBTS
NO 3: REVIEW AND RETOOL MUIIND BUSINESS MODEL TO DRIVE TOP & BOTTOM LINE GROWTH
NO 4: FIRE NON PERFORMERS THAT CAUSED MUIIND TO BE "THE FALLEN", HIRE TALENTS
NO 5: MIRACLE MEANS 99% PERSPIRATION WORKING TO ACHIEVE 1% INSPIRATION FROM HORACE WORDS OF WISDOM

DONT EXPECT GOD TO PROVIDE WHEN ONE LACKS THE BUSINESS BRAINS TO DELIVER...IF THAT IS SO GO FIND AND PAY BUSINESS BRAINS TO HELM THE FALLEN AND TO RESTORE THE FALLEN TO GREATNESS...

Show just beginning ....can still join in....

KNM stock price trend charts is already screaming out loud that it had reversed from downtrend to UPTREND since Nov 11 2013...KNM is now in BULLISH mode...The worst is already over for KNM...KNM price is already on UPTREND and will go higher from now onward

Why? KNM fundamental will improve going forward...It cant get worst than what it had in the past...

Good morning Calvin,

Would PMC share price rise impact MUIIND EBIT and EPS??? I think not...What is MUIIND cost on PMC??? At PMC price of 27.5 cents....Is this below or above MUIIND cost on PMC??

Looking at YTD 2013 reported figures... MUIIND operational profit is less than Finance Cost...that means MUIIND as a going concern has only negative operational profits..

MUIIND relies on exceptional items to neutralize the negative operational profits....

What are the catalysts that will drive up MUIIND price apart from Calvin Tan persistent promotion???

How long can MUIIND rely on EXCEPTIONAL ITEMS to make profit??

looking at Long Term investment stock, the rights issue is a very good n necessary foundation for MBSB to expand its future top line and bottom line growth. MBSB needs RM 1.47 Billion additional capital...but not in one go....MBSB wants additional capital but also does not want to over dilute its share capital base...and there will be dividend reinvestment scheme...with EPF as the major shareholder ...I can sleep well....no need to worry...

My take is MBSB share price will rebound next week as it is EXREMELY OVERSOLD ....

Technical indicators says stock is EXTREMELY oversold. Stock closed with distinct Black hammer...indicating end of downtrend...

PMC can come out with sugar free choco lah..just ask Calvin to supply... hahaha hihihi

JUST before the world comes to an end for you...eat PMC chocolate to your hearts content.....hahaha hihihi

go buy PMC chocolate...eat lots of PMC chocolate to line your stomach walls...then go for volumnous super distilled hexza ethanol and lie on homeritz for highing lah.. hahaha hihihi

Ayam Tua,...small correction lah... "OLD DRUNKEN CHICKEN ON HOMERITZ" hahaha hihihi

Go for pure ethanol by distilling it...saves you trouble cooking, eating and then waiting for highing...with pure distilled ethanol...U high super fast ..very efficient way for highing on homeritz.... hahaha hihihi

U can distil the ethanol and drink it..hahaha hihihi

Ayam tua, Sell chocolate to mamak stalls is much better, its sure cash money in your pocket ...u cant sell homeritz to mamak stalls ..imagine tugging along the homeritz furniture for mamak stalls to see...can u sell hexza ethanol to mamak stalls....you probably drink it yourself before it gets to mamak stalls....hahaha hihihi

Ayam Tua,
Good idea...U r the best person to sell Tudor, Crispy and tango to mamak stalls....U already take the first cut in commission B4 PMC surge to RM 1.00 !!!

Do what you preach !!!

Calvin,
It is good for MUI to sell assets to pare down or get rid of Debts...having said that, current business model of MUUIIND remained unchanged...What will be the catalyst to spark the surge in MUIIND price?

Visit Malaysia 2014 may be a small contributor to MUIIND group of companies top line and bottom-line growth..Asset sale will only improve the balance sheet, once off EBIT adjustment reduce or eliminate interest payment... but quantum growth on sustained basis to the bottom line for MUIIND as a going concern basis needs much more than that . The issued share capital of MUIIND is huge...the EPS may improve a bit with the Asset sales but not significant game changing EPS number to wow the investing public

At the moment I do not see nor have read any game changing catalyst...Is there any game changing catalyst to MUIIND business model that you may wish to share with us right now that will wow the investing public??? ...

humbled,
Better go for PMC as when capital repayment is effected, PMC shareholder will get back capital payment. Shareholder of MUIIND will not get the capital repayment...the capital repayment from PMC goes to MUIIND...but not MUIIND shareholders...do you understand???

Calvin Tan,
I bought TUDOR GOLD Butterscotch and Rice Cereals and gave it to my dad to eat...His feedback was it tasted very good....chocolaty and creamy....says that Cadbury, Kit Kat produced locally does not taste good. TUDOR GOLD taste better...

Have PMC embarked on aggressive consumer sampling promotion campaign in HTOs(High Traffic Outlets such AEON, Green Grocer, GIANT etc) to induce consumer trial and purchase...

My take is PMC has a winner here against locally produced chocolates like Nestle, Cadbury...Most Malaysian consumers don't really know as Cadbury n Nestle have the Top of Mind Recall....Don't wait too long...PMC must launch sustained , intensive Consumer Sampling, Consumer promotion campaign in HTOS in main market centres to induce Consumer trial for TUDOR GOLD and to convert Nestle and Cadbury consumers of locally produced Choco products..

TIME IS OF THE ESSENCE NOW FOR TUDOR GOLD..HIT IT LIGHTING FAST..HIT IT HARD WHEN YOU HAVE A CLEAR TASTE ADVANTAGE NOW...SEIZE THE ADVANTAGE TO OCCUPY THE HIGH GROUND FAST..BE RELENTLESS...BE FOCUSSED ...CONTINUE WITH SUSTAINED CREATIVE CONSUMER SAMPLING/CONSUMER PROMOTION/CONSUMER EDUCATIONAL CAMPAIGNS...OCCUPY THE HIGH GROUND WITH LIGHTING SPEED...BEFORE THEY WAKE UP, REFORMULATE AND COUNTER ATTACK...

THIS IS THE FANTASTIC OPPORTUNITY TO OCCUPY THE HIGH GROUND FAST....SEIZE THE TASTE ADVANTAGE.....LET THEM BE METOO IN MALAYSIAN HTOS...AS UBANIZATION GATHERS SPEED, SPREADS IN MAIN MARKET CENTRES...HTOS IN MALLS ARE KET CONSUMER OUTLETS FOR TUDOR GOLD...

Calvin,
Please advise whether MUIIND controlling shareholders has decided as follows:
- Capital repayment from PMC to MUIIND....How much will MUIIND get back from PMC in Ringgit value... When will Capital repayment take place ....in 2014..2015 or sometime in distant future??
- MUI has high debts...EBIT from MUI operations is eaten up by Interest...Has Controlling shareholder of MUIIND already decided to sell off its Hotel properties i.e. CORUS UK or CORUS KL to retire Debt?
Which hotel property to sell off? When to sell off?
- Is selling off Hotel property your own idea to retire high debt? Did you proposed to MUIIND controlling shareholders to sell off the hotel/hotels? What was their response?
- If MUIIND sell off its hotels to retire debts, what will be its future strategy to DRIVE UP TOP LINE & BOTTOM LINE GROWTH for MUIIND which has lots of issued shares and therefore price appreciation will be very slow....
-MUI reached its peak price @ RM 32 per share based on low issued share capital. I do not have the figures, can you please advise what was the original issued share capital of MUI?


Thanks for your feedback Calvin..

IGB'S SOUTH KEY MEGAMALL IN JOHOR CBD WILL BE READY BY 2016. EXPECT METROJAYA TO BE THE ANCHOR TENANT HERE. 5 MILLION SHOPAHOLICS FROM SINGAPORE WILL FLOCK HERE! (REMEMBER I BOUGHT MALTON AT 30 CENTS. See future PAVILLION being planned!)

THE MOST PROFITABLE METROJAYA IS THE ONE IN MIDVALLEY MEGAMALL, BANGSAR.
METROJAYA SOUTH KEY MIGHT EXCEL THAT BECAUSE OF VERY AFFLUENT SINGAPOREANS

Hmm...very informative....Thanks Calvin for highlighting potential for IGB REIT!!! Based on your input IGB REIT will have good capital appreciation and good dividend yield in the future years...YES YES YES ...IGB REIT IGB REIT IGB REIT!!

Well spoken Calvin...u r indeed a very persistent salesman...if u continue with selling Tango, Tudor n Crispy..PMC will be do OK ...I am indeed intrigued by words of Horace

"Many shall be Restored that are now fallen; many shall fall that are now in Honour"

What MUI has now is same same KKP, same same BOD r still helming MUIIND....Can those that caused the downfall of once mighty MUI ...resurrect MUI to it's glorious past.....I think not...they had their chances... their opportunities then but they had worked hard to not only crumbled the once mighty MUI but most important and most disheartening is to disappoint the loyal shareholders and finally I hope it will dawn upon these great helmsmen that they were responsible for disappointing the loyal shareholders! I pray to God that these helmsmen that caused the fallen had the conscience to look into their own capabilities...and perform a self audit on their achievement to date...

Sorry Calvin...What u see now is what u get...basically languished stock with same business model ..same people helming the company...I will add a new twist to Horace words...

"Many shall be Resurrected that are now fallen; many shall fall that are now in Honour
Those that caused the Fall shall henceforth welcome greater men with greater talents, excellent business minds to helm the fallen company "

Unless greater men with greater talents, more sophisticated business minds cometh forth to helm MUI.....MUI will continue to be MUI...as it is...that is "THE FALLEN"

naik tangga kalau gemok dan bersakit jantung..... SUSAH
Naik tangga kalau kurus dan sehat...... TAK ADA MAASALAH..