Guys, dont forget PMH is still lossing making company , it has gone up more than 5 fold , so it is time to let the dust settle down . Plus exism is not going to inject property arm. Can have a look on Rexit . I believe this is the stock will go like genetec , comcorp or hextech . Q1 24 performance has surpass half year of FY 23. A new management on board , with solid back ground and diverse experience will bring the company to new high . Invest in early stage , can study about the new management backgroup , the new chairman , deputy chairman and coo is top in the country
Quite interesting, I'm sure Exsim has a business plan to develop their hospitality sector and purchasing Pan Malaysia Holding was a strategic plan.
Exsim is a very well reputable company. I've seen them strategically help Mammoth (Empire City owner) who was heavily in debt and took the opportunity to purchase land at a discounted price and develop the area.
Hopefully, this is a similar situation in order to strengthen the Lim Brothers Empire.
EXSIM must have seen the ",great potential" in short term stay accommodation business, otherwise it wouldn't simply venture into it. It has more than 4 years of experience in this line of business at KLCC area.
From the above download by Victorshen : 1) notice the words in honor of EXSIM, the "renowned developer" 2) the awards of recognitions given to EXSIM and its Managing Director, Mr Lim Aik respectively in 2015, 2017, 2022 and 2023.
My point is that as a token of appreciation, most likely those owners of the EXSIM properties would be the patrons of the short term accommodation managed by and recommended by EXSIM.
@loban, PM Holding belongs to EXSIM. So let's talk about PM Holding and EXSIM . I think we should have the main dish , not too many rojak , otherwise cannot digest.
I think EXSIM would want the investors to make profit by the investment in PM Holding. That's a win win scenario. If the investors in PM Holding made profits, very likely would have the fun and mood to try the short term stay accommodation managed by EXSIM during the vacations.
That's why I will invest in PM Holding while the price is still low and wait for their plans to be announced gradually !!!
I don't think EXSIM would let PM Holding remain in the doldrums for too long.
Just so you guys know that the hospitality business is not small. Their modus operandi has always been about developing investment properties in strategic locations and selling them as investment units. They have a management company to lease back these units from the buyers and market it for homestay. The average occupancy rate for all these properties are above 80% at any given month. There are also other businesses like F&B and marts that would likely also be part of their hospitality business. This could possibly be a REITs play which makes a lot of sense.
EXSIM' s investment in PM Holding for RM36.73 Million for a majority stake is not a small sum. The trio Lim brothers must have made a thorough analysis and feasibility study before the acquisition..
TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A)) PAN MALAYSIA HOLDINGS BERHAD
Type Announcement Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A)) Description PAN MALAYSIA HOLDINGS BERHAD ("PMHB") RECEIPT OF NOTICE OF UNCONDITIONAL MANDATORY TAKE-OVER OFFER FROM AMINVESTMENT BANK BERHAD ON BEHALF OF EXSIM HOSPITALITY HOLDINGS SDN BHD The Board of Directors of PMHB ("Board") wishes to announce that the Board has on 7 March 2024 received a notice of unconditional mandatory take-over offer ("Notice") from AmIvestment Bank Berhad on behalf of Exsim Hospitality Holdings Sdn Bhd (the “Offeror”) to acquire all the remaining ordinary shares in PMHB not already owned by the Offeror, Lim Aik Hoe, Lim Aik Kiat and Lim Aik Fu (collectively referred to as the “Joint Ultimate Offerors”) (“Offer Share(s)”) for a cash consideration of RM0.06 per Offer Share (“Offer”).
gogo pmhldg.. our first alert on pmhldg was on 2/5 (0.21) and latest alert on pmhldg on 6/5. lets skyrocket.. hello guys actually i ada buat channel free telegram..i share chart kaunter yg berada disupport.. if ada newbie2 nak join can msj me on telegram @Akula_faiz90. setiap chart yang dikongsi hanya kerana ianya berada pada support.. TAYOR
PMHLDG is a new.owner.play stock. chart shows it has a series of HL, higher-low. it shd take off to a big MAJOR C soon i.e. closing > 23 with vol. the new.owner is testing everybody's patience i guess:
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lee Chee Wee
208 posts
Posted by Lee Chee Wee > 2024-03-15 17:00 | Report Abuse
Pump n dump stock.