Calvin. so there is high chance that all PM ralated counter price will increase? what it mean PMI increase its shareholding by higher margin ? is this mean it will go out from PN 17 soon ?
1Superman, all these news are legal & not really insider. Because the average investor don't bother to attend AGM, phone Public Relation Officer to get updates.
This is how you can get legal, authentic news without being swayed by rumour.
Certitude is a great thing. IF YOU KNOW, THERE IS NOTHING TO FEAR.
izoklse PMI Company supposed to take ALL PMI Shares private at 4.5 cts. But they collected less than 90%. They need more than that to trigger mandatory offer for the rest to privatise it. However, they have increased shareholding in PMI but listing still maintained. As such PMI share price will depend on market forces.
No, Management is still working on it to lift PMI out of PN17.
Will all MUI Group related share prices rise up on good news? Very Possible. But For Long Term They Will Be Determined by their own Individual Performances.
OVER A SHORT TERM THE SHARE MARKET IS A VOTING MACHINE. BUT OVER A LONG TERM THE STOCK MARKET IS A WEIGHING MACHINE
THIS WAS HIGHLIGHTED TO ME BY THE SALES LADY FOR NFI PRODUCTS IN GIANT, PLENTONG AT HER ADVICE I TOOK TUDOR GOLD COCOA POWDER DAILY. AND TO MY SURPRISE, I LOST 10 KG IN 6 MONTHS!
YOU MAY AGREE OR DISAGREE. BUY TUDOR GOLD DARK CHOCOLATE & TRY IT OUT
Where can I buy this Tudor Gold Cocoa Powder?There's a Cosway stockist very near my place.
As you know, my first entry here at This Interesting Forum was dated 20th September, 2013. And what a fantastic 2 over weeks I enjoyed here. A Big Thank You To All Who are Appreciative. And also thank all critics, doubters & those who tried to dissuade us in our endeavour.
Through It All THERE IS A GROWING AWARENESS OF THE DEEP VALUE OF PM CORP. I am very happy for those who took heed early in time. It doesn't matter if you have already sold and taken profit. And to those who still hold on after all the attacks I congratulate you for you for keeping faith with us. From these two weeks, both here in this Forum & Outside The Various Stock Broking Firms I have come to a conclusion about Mr. Market.
Our Purpose Is To Educate, not to offence anyone. This Is Our Conclusion About MR MARKET'S VIEW ON PM CORP
MR. MARKET REPRESENTS THE COLLECTIVE SUM TOTAL OF ALL PEOPLE OUT THERE. They consist of Stock Brokers, Day Traders, Contra Players, Gamblers, Tip Gatherers, Fund Managers, "The Experts", Genuine Investors, Sincere people, kind ladies, handsome gentlemen, retirees, house wives, students, teachers, head masters, accountants, CFA, Bank Managers, CEO, Doctors, clerks, road sweepers, cleaners, ordinary people, Lawyers & People Of All Professions And From All Walks Of Life & Callings.
YES! ALL THE PEOPLE ARE COLLECTIVELY CALLED MR. MARKET. And These Are Some Of the Findings From MR. MARKET'S REACTION TO THE PROMOTION OF PM CORP:
1) Mr. Market sees PM Corp's last quarterly report and judged the result is no good. Actually Result Is Very Good Because PM Corp made RM22 Millions profit from Warehse Sale!
2) Mr. Market equates PM Corp with PMI & PM Capital (Both in PN 17) And Mr. Market scratched his head and wondered why PM Corp Should Rise. Rise because of "goreng". Actually PM Corp is rising because a group of investors can "SEE" while Mr. Market has myopic eye sight.
3) Why PM Corp never pay dividend since year 2004? 9 years no dividend, something wrong? PM Corp bought a 6 acre land for RM17 Millions. Now worth RM44,300,000. A gain of over 40% yearly. Thanks to "undervalue" for the valuation. A helpful friend indeed!
PM Corp also launched THE TUDOR GOLD brand of chocolate. And Tango Rebranding - Capturing Big Market Share. Money well spent!
5) Mr. Market reads PM Corp's NTA at 44 Cts. And Don't know what they are and how much is it current worth. RM44 Cts? 80 Cts? RM1.00 Why Bother to Check?
Not Interested Anyway. So get lost & don't waste my time. Better exciting goreng stock in FOCAL AIM, SERSOL? TMS? SUMATECH?
6) Up from 13 Cts to 22.5 Cts. Up A LOT ALREADY? Danger Signal Flashing! Be careful? Better chow now! Mr. Market did not KNOW HISTORY. PM CORP CAME DOWN FROM RM13.00.
YES! THIRTEEN RINGGIT. MEANS TIGA BELAS RINGGIT! Understand? Mr. Market.
What Is 22.5 Cts to RM13.00. Can you calculate. Can you compare?
One said elephant is like a snake, one like a tree trunk & one a fat pan cake. All three were correct IN THEIR OWN WORLD VIEW!
THEIR OWN WORLD VIEW, I repeat. They were all correct. YET THEY WERE ALL WRONG!
YOU SEE, THEY DON'T HAVE SIGHT (INSIGHT RATHER). So they made faulty deductions. And that's the WORLD OF DIFFERENCE BETWEEN THOSE WHO SUCCEED OR FAIL IN THE SHARE MARKET.
AND IF THE BLIND CONTINUE IN THEIR BLINDNESS. YOU CAN'T ARGUE WITH THEM. THE THREE BLIND MEN HAVE ALREADY "EXPERIENCED" THE ELEPHANT. EACH OF THEM IS RIGHT IN HIS OWN BLIND EYES!
DON"T NEED TO ARGUE WITH THEM! THEY KNOW BETTER!
HOW TO DESCRIBE THE COLOUR OF A RED ROSE TO A BLIND MAN? SO DON'T BOTHER
A VERY GOOD MORNING FROM CALVIN OF JURONG, SINGAPORE
member41, I am not sure of the market statistics about TUDOR GOLD, TANGO & CRISPY. The Launching of NFI Products is fairly recent although it has been an OEM Manufacturer for more than a decade before PM Corp bought over The Company From The Founders in S'pore,
At First the emphasis was on TUDOR GOLD. In fact during one past AGM when Andrew Khoo Boo Yeow was still with PM Corp I asked him about the possibility of changing the name PM Corp. He mentioned that it is possible but only by the consencus
Andrew mentioned that name change can be only approved by the consensus of all the Directors. However, he said that TUDOR GOLD is only one part of the NFI Products, As such it does not reflect all the products. So he suggested Network Food instead.
You see, there were other brands and products manufactured & distributed by NFI. We also make The Kiddies & Kandos Chocolate for children, Barnsberry for Ferntea, Also for COSWAY & TESCO. We also help in the delivery of TOBERONE Chocolates to 7 ELEVENS.
Because NFI own a fleet of refrigerated trucks. We also distribute SILANG potato chips, KIWI Juice, & quite a number of foodstuffs & drinks.
So Andrew suggested the name NETWORK FOOD INDUSTRIES, Instead. However, quite a number of Directors have resigned & the subject is put on hold. Since Capital Distribution is the imminent topic at hand.
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....
member41
3,718 posts
Posted by member41 > 2013-10-08 11:29 | Report Abuse
I'll be quite happy with 44sen (NAV value)... anything more is bonus :)