Mr TigerShark, try to be A Whale instead. ? The life of a shark depends to hunting big prey. Life is tough in the Ocean. A Whale, though much bigger is size, has a much easier time than the shark in the Ocean of Life. Why?
Why the whale has an easier time? Because the whale's food consists of tiny krills, shrimps & other planktons. These are Available Abundantly in the Ocean. His provision is assured & secured.
There is a Factory manufacturing bottle caps in Permas Jaya.Johor. The type of bottle caps on soft drink bottles. It is a simple & humble product. How much can a small cap sells for? Not much by itself. But they made them in the billions. So the owner, in his mundane humdrum job makes a very decent living.
That's Why Warren Buffet look for Whales Like the humble Wrigley Chewing Gum, Coca Cola, Shaving Blade by Gillette, McDonald Burger, Walmart. They sell small portion to as many people as possible on the Whole Planet. After all THE ENTIRE PACIFIC & THE ATLANTIC OCEANS consist of TINY LITTLE DROPS OF WATER.
And Nestle depends on 3 in One Milo sachet, Handy sized maggie mee & Kit kat wafer (please I quote this as an example for size, not endorsement)
So TigerShark, this is the Reality of Warren Buffet. That's why when Warren Buffet was asked about investing in property. He said something like this,"Why invest in Real Estate, Shares are SO EASY"
Exactly. You got it there. Mr.TigerShark, PM Corp at 22 cts is a small fish. When it turned out to be a Whale at RM68.00 like NESTLE someday, you won't be able to catch it anymore. So don't let good opportunity slip pass.
IN FACT TANGO, TUDOR GOLD & CRISPY are Barely 5 YEARS OLD IN REBRANDING EXERCISE. PM CORP IS A GROWING CHILD WITH TREMENDOUS POSSIBILITIES.
Other Chocolate Cos are more than 100 years old. PM CORP (NETWORK FOODS) will have its DAY IN THE SUN.
malaysians are NOT chocolate eaters..as we have other sweeteners for desserts.... GET IT. those who are chocolate lovers can afford better chocolate... that cheap unhealthy chocolate for school kids if their parents allow them... stop talking too much about chocolate.. stick to stocks....those who know much about chocolate will be annoyed....
ikea chocolate rm5.3 for a big bar 100 grams kurang manis also.. u want cheaper they also have 60 percent cocoa.. rm4.5 only and more weight... who want chocolate by PMCORP??????
this stock for investor and long term holder. newbies who dont want to hold or just a curi2 kaki and other brand chocolate eater please stay away. u are not welcome.hahahahah. this is for long term holder. mau curi-curi pergi main tempat lain.hahahahah
Posted by SANG-JERO > Oct 9, 2013 12:36 PM | Report Abuse For those who have the intention to keep PM Corp for long term must pray day and night and wish it doesn't go into PN17.....or else you will become a very very long term investor....
Hey can you enlighten us how PM Corp can go into PN17 ah? From your chart? Or is it from the company's business problem? Owe people a lot of money? Business bleeding very badly? Not much cash to burn any more? Or whatever. Buy just don't simple make a statement that it sill go PN17.
khoo kay peng had a history of making his shareholders poor. he does not have any good records for all his listed companies in KLSE but personally he is still very rich. To me, the moral of the owner of a company is a very important factor.
kcchongnz mlg's comment is nothing new to us. We did our own Brain Storming for 3 to 4 years back. In fact PM Corp & all MUI Group Crashed more than 99% - The Worst Crash Ever!
Worse than the Crash of KLSE from the height of 1332 points to the lowest at 262 pts During The Asian Financial Crisis! A drop of 80.3%.
Even Worse Than The Great Depression When Dow Jones Crashed 89%
MUI BERHAD at RM24.00 Crashed below 20 cts. PM CORP RM13.00 Crashed to the LOWEST at 7.5 cts.
All these factors we have CONSIDERED VERY CAREFULLY.
We also did our calculations whether PM CORP will go into PN 17 Status. After 4 years of very careful research. Visits to NFI Factory in Selangor, Iskandar & viewing MUI'S Hotel & Visiting METROJAYA IN MID VALLEY MEGAMALL & 2 Metrojaya in Johor.
Attending 4 YEARS OF AGM. ASKING COUNTLESS THOUSANDS OF QUESTIONS
Looking into all the ASSETS & the liabilities We Have COME TO A FIRM CONCLUSION.
PM CORP IS THE BARGAIN OF THE CENTURY! A 10 BAGGER OR A 100 BAGGERS!
I have been thinking of the Roman Soldiers at the crucifixion of Jesus. The Prince of Glory is on the cross. The Roman soldiers see no beauty in Jesus - They cast lot for his garment.
The Greatest Event in history is unfolding before their eyes. But alas! They paid no heed. But gambled before divinity!
So many have come to near to this FORUM But YET So Far In Their Perception. It is to their loss.
I am happy for all believers! You are at the Right Place at The Right Time
Calvin thanks for your indept research. Great undervalued co. Have to make sure the board do not use the co finances or assets to rescue related co at the expense of minority shareholders. No more inter co loans to other related listed co and you will see pmcorp do well.
calvin, I also have looked into its business, and most of all its assets and liabilities. For me PM Corp is a great investment. Quality assets and business not that great lah but most important not burning cash. Of course you know much more than anybody here about PMCorp. You may be right also about its great business. I kind of believe in you from your postings. No talking nonsense, not so sure of that 100 baggers, not even that 10 baggers. But I hope you are right because I invested in it too.
mlg123's concern is a genuine concern to me which I don't know how confident you are on kkp. For me, I thought kkp has never have minority shareholders' interest in mind. If that is through, no matter how good a company is, it is not a good investment no matter how cheap is it.
Thank you kcchongnz, I like your postings. I think your cautionary statements in other forums have helped many to avoid pitfalls.
As to your concern about kkp. At the end of the day he wouldn't do something detrimental to himself. Since he has used REAL MONEY to buy over PNB portion at 12 -13 Cts, I believe he has the PM CORP interest at heart.
If he has no concern for PM Corp shares or shareholders he could have laid his hands on the Assets & Cash of PM Corp Directly. The Directors who completely sold down their shares & plunder the coffers are many - Transmile, Megan Media, Kenmark & many others.
Warren Buffet likes Companies Whose Directors or Company exercise share buy back. By so doing they are exposing themselves to actual losses should the price crash.
No reasonable man will shoot himself in the leg. No sane person wilfully harm his own interest. As to CAPITAL REPAYMENT. Let This Be The Turning POINT IN PM CORP & The Whole MUI Group of Companies.
So let us wait a while & see the Actual Announcement before passing further judgement
They have made their promise publicly in AGM. Let us see the follow up ON ACTION.
This is WHAT THEY HAVE PROMISED MINORITY SHAREHOLDERS - CASH PAY OUT!
thanks to calvin. now im re-strategies all my investment in KLSE and now focus my eye on MUIIND,MUIPRO,PMCORP,PMIND,PMHLD . I already attack all PM related counter and keep it for mid / long term. Next move is MUI related counter. Hope it is not too late before it reach above 0.2.
What is good for PM Corp is the asset purchased after selling off PMCW , the food business is not going anywhere for more than 15 years and I doubt it can be another Nestle even after another 15 years. I'll be happy to clear my position if it can be my 2bagger.
I went to check up on Apollo Food & Nestle Forums. You can see comments over there. Apollo Food was my good buy in 2009 at RM2.20. Price has shot up to RM5.00 today. Up 31% every year from 2009. Price has run ahead of its fundamental.
Under the same conditions in 2009 Apollo Food was a great buy. Today, I feel very safe and comfortable looking at the very strong fundamental of PM Corp
Same for those Nestle shareholders. In 1998 Nestle was RM11.70 giving a decent dividend yield of 9% Now Nestle is RM68.00 giving a dividend yield of only 3.5%
Looking at Nestle makes me feel so good for having found PM Corp
Fortunebull nice to see you here. I see that you are a strong proponent in halal food. Have you check out the status of illipe nuts in its collection method is halal or not? Thank you.
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
55,223 posts
Posted by calvintaneng > 2013-10-09 10:20 | Report Abuse
Mr TigerShark, try to be A Whale instead. ? The life of a shark depends to hunting big prey. Life is tough in the Ocean. A Whale, though much bigger is size, has a much easier time than the shark in the Ocean of Life. Why?