kikikiki!!!!goreng stock la pmcorp!!!!i dont want made sing con look like fool!!!!but no choice la!!!!kikiki!!!!can answer feb14 result or not!!!!!kikiki!!!!
Posted by calvintaneng > Dec 3, 2013 10:25 PM | Report Abuse
I mean the Quarterly Result for October, November & December 2013 which will be reported by Late February, 2014.
1) Warehouse Land & Factory Already Disposed. Over Head Costs Reduced Drastically. 2) Sale Of TUDOR GOLD, TANGO & CRISPY INCREASED DUE TO YEAR END FESTIVE SEASON.
Cost Reduction Coupled With Increasing Profits Will Be Reflected Positively By Feb 2014 result.
kikikiki!!!!i trap sing con again!!!!!so easy!!!!kikiki!!!pmcorp made profit for all quarter in Q4!!!!!kikikiki!!!sing con really can con!!!!!kikikiki
Posted by calvintaneng > Dec 2, 2013 12:59 AM | Report Abuse
Tsurukame,
We are making good money in Myanmar even if we sell at 26% below Van Houten. NFI manufactures own products while Van Houten depends on OEM manufacturers in China. They have to sell at higher prices due to added costs.
Our Administrative costs which negate profit from last quarter low season sale will be cut drastically when the next quarter result is out by Feb. 2014. These are the reasons:
1) The Sale of 1 1/2 Acre Singapore Warehouse to Sing Long will Cut Down a Big Chunk in Overhead Expenses of NFI Singapore Operations.
2) Also this is a high season quarter for NFI - production accelerated into 3 shifts now.
3) The weakening ringgit also made Malaysian export more competitive world wide.
Year 2014 PM Corp's results should be very positive for all 4 quarters.
kikikiki!!!!how sing con made a fool of kcchongnz!!!!!!kikikiki!!!!sing con take them for b******t ride!!!!kikikiki!!!!
Posted by kcchongnz > Dec 2, 2013 05:23 AM | Report Abuse
Let us refer to the quarterly report ended 30 September 2013, and concentrate on the ordinary business of PMCorp, i.e. the manufacturing and sales of chocolate.
Revenue for the quarter is 18.9m only, and ignoring those one time off item in sales of assets, there is a small operating profit of just 46k. The table below summarize its financial performance.
Revenue 18907 Cost of sales -12777 Gross profit 6130 Administration expenses -2771 Selling and distribution cost -3313 Operating profit 46
How is it possible that PM Corp can make big money with this type of miserable sales volume and little profit? Not until you try to look into its business now and its assets in place.
The cost of sales in the period is 12.8 m, and this gives a gross profit of 6.1m, or a gross margin of 32%. To me a business with a gross margin of 32% is a good business, one with 40% and over is a great business. But that 12.8m sales is very small. In term of PMCorp’s asset turnover, it is a miserable 0.2. But its operating costs amount to 6.1m. So to me if PMCorp wants to make money, it has to do either/or two things; increase sales, or cut operating costs. The more effective one of course is to increase its sales.
If sales is increased, it would be fantastic because its gross margin is high at 32% and hence the bottom-line would greatly improve. Let us look at the following scenario. We assume that PMCorp can increase its sale by 30%, costs of sales 10%, selling and distribution cost by 5%.
Revenue 24579 30% Cost of sales -14055 10% Gross Profit 10524 Administration expenses -2771 Selling and distribution cost -3479 5% Operating profit 4275
With the increase in revenue to 24.6m in a quarter, its operating profit would be 4.3m, or 17%. If annualized, it would be 17m. But with 773m shares outstanding, EPS is just about 2.2 sen. That is not attractive, is it? Not until you look at its excess cash (about 20 sen per share) it is holding now and its other non-operating assets.
Imagine if the company sell off some of its non-operating assets and distribute part of the proceeds as special dividend, say 10 sen only. Your cost of buying PMCorp at 26 sen is only 16 sen then. So pay 16 sen and earn 2.2 sen is not that bad after all. More so if there is a good growth in the future.
So everything hinges on what is the prospect of its business; is the chocolate in demand? Is it selling well? Is there a good prospect of growth? How does the management allocate its resources etc.
For me I am positive about it after reading what is posted by calvin, unless he takes us for a ride which I don't think so.
kikikiki!!!!sing con b****t on cash payout!!!!!kikikiki!!!and increase chocolate sales!!!!!kikikikiki!!!
Posted by calvintaneng > Dec 2, 2013 08:37 AM | Report Abuse
A Very Good Morning To All From Calvin Tan Singapore,
Thank You Very Much kcchongnz for detailing the path PM Corp should take:
1) Increase Sales of Chocolate Products 2) Reduce Unnecessary expenses 3) Dispose Assets & Return More Surplus Cash To Share Holders 4) I Can Assure All Here That I Want You To Ride With Me Safely In A Journey of A Great Growth Company in PM Corp
This fella is so behind time. South American Franchise investment of USD10 mil ripe for cashing out this year. PM Corp is a corporation with 4 major divisions. Go to Pm Corp tread and see my full explaination.
kesian.calvintaneng kamu sudah kalah teruk.orang baca pun tahu kamu pandai bohong.makin cakap makin teruk.tida guna lawan dgn yg lebih pandai.memang kesian calvin.
kikikiki!!!!that is all sing con sor chai manage to response!!!!!i dont want to made u a big fool!!!!!kikikiki!!!!but u r too easy to read,guess,predict and play!!!!!!!my last posting in bjcorpse ...............until next week!!!!!kikikiki!!!!!
going to boom boom booming iskandar!!!!!kikikiki!!!
guys, calvintan already cant resist the temptationm he sell off bjcorp and join ifca boat already ... hope you all follow his path ... not believe, go ifca thread
Calvin's Top Share Holdings is BJ Corp right now. Make no mistake about it.
As for GST Stock there are in vogue because of Govt Revenue hit by Falling Crude Oil which will impact Petronas' earnings.
I think GST stocks will last till April 2015 until its implementation.
For BJ Corp just invest a portion of your salary monthly.
For 2 long years PM Corp was traded almost unchanged at 9 cents..........................
..............................................................................................9 cents for 2 long & weary years.
If only people could foresee that PM Corp will fly up to 36 cents (up 400%) one day in future?
Yes, those who followed Calvin to buy regularly, monthly, patiently in a disciplined way of putting some money into PM Corp at 9 cents. Later they Were So Euphoric When PM Corp jumped to 36 cents - they were beaming with smile and laughter. All Round Happiness!
See Who Can Hold Out in BJ Corp to See The Day When BJ Corp crosses RM1.00 and on the way to RM2.50
A dream or a figment of Calvin's on imagination?
Well, the future is yet unknown. What we do know are 2 pointers
1) The Recession Proof World Class Businesses of BJ Corp
2) Its Deeply Undervalue Assets at Ancient Book Value
bf ifca jumps, not many talk abt ifca... kikikikikikikiki... bf bjcon jumps, many people step on this counter... kikikikikikiki.. I remember bf old town jump fr 1 to later highest 3.3... many said old town prices??? Cannot move one!!!.. kikikikiki... if u r experience folks, u shall know wht I would like to say here! Kikikikikikiki..
Kikikikikikiki... 1 bil story of bjcon!!! I had not seen it can make so much gain bf over last 15 yrs in bj con P&L... thks for its active divestment... this round I agree wth tan sri con moves!! Well done! And tan sri has kept his promise...ie Buy and Sell whtever when the price is right!!! Kikikikikikiki
thanks for your compliment ,cfoong,but many here do not seem to buy the story eventhough it has been fully endorsed, that’s why not many profited from my baby like you did in the last round of surge,wasn't it?
kikikiki!!!!salient points to sell bjcorp!!!!!!update with point no.10!!!!kikiki!!!
1.goreng stock 2.no fundamentals 3.no revalue asset because of tax 4.tan sri is not fool to revalue 5.too many unprofitable business in bjcorpse 6.gst shock to retailer business 7.hidden debt 8.huge volume share spread 9.too many frustrated seller on 41,41.5,42,42.5,43 cent 10.certified stagnant until 2026
will buy more whenever lower than 40. this conglomerate is equip with 3500cc with turbo engine the pick up might a bit slow as due to heavy weight when it is moving, fast and stable.
time will prove on it.
small firm definitely can move very fast as the float share is less, a little demand will make it fly as not much supply.
as long it can make money for you it is a good share no point repeating the old story everyday even the history is sweet, doesn't mean history will repeat people always say 英雄不话当年勇
when you making a good choice, not need to see others transparent. people always say 花无百日红 ......
......
just like an advertisement, when over exposure, result a negative response.
if keep repeating the old story, what i can say is you are no longer young, can't control your memory and mind, typical an old folk symptom.
billion profit in hand, price haven't reflect on it, this is a truth. patient is the key of success.
Last quarter have net profit of RM153M, this quarter may not have, It may be BJFood separate out SEM have so much, it may come back around RM20M net profit.
kikikikiki!!!!rule no 22 - making money in anyways is right but the question is with or without integirty!!!!!kikikiki!!!!sing con sing con!!!!kikiki!!!!!
kikikiki!!!!salient points to sell bjcorp!!!!!!update with point no.11!!!!kikiki!!!
1.goreng stock 2.no fundamentals 3.no revalue asset because of tax 4.tan sri is not fool to revalue 5.too many unprofitable business in bjcorpse 6.gst shock to retailer business 7.hidden debt 8.huge volume share spread 9.too many frustrated seller on 41,41.5,42,42.5,43 cent 10.certified stagnant until 2026 11.opportunity cost getting expensive the longer you hold
BERJAYA MATI ALL THE WAY!!!!!KIKIKI!!!!
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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....
calvintaneng
55,509 posts
Posted by calvintaneng > 2015-02-06 15:22 | Report Abuse
ONE URGENT CALL NOW!
IF YOU DON'T HAVE NOVA
JUST BUY SOME BEFORE IT FLIES AWAY!