if compare cash,csl 10x more than pmcorp!!! if compare NTA csl 4x higher !! if compare EPS csl beat him flat flat !! now look at csl price struggling @20sen pmcorp not even give dividend so i think this price is very high !!!!!! If a company FA is so fantastic good but share price trading lower n lower, that mean the company is SOMETHING FISHY !!! soon pmcorp will be like tudor chocolate, no body will notice it !!! you just visit any supermarket,30% dont sell !!!, 70% put at bottom level and hardy to be seen !!! i doubt this tudor can sell in msia, ask youself hav you eaten once in your life ??
I attended the agm last time. I told the MD off during the agm. questioned them when sell their core business which was making money and hoard the cash and do nothing. not long after that, the money is siphoned.
Another 18 working days cash payout yet to be announced, CFO resigned, tp 0.45 end of year seems impossible. I bought 55g tudor dark choco at giant, Tudor Gold good :)
Dont be panic. Relax tuan tuan. Buy more and more. Time will come. Ha ha. This is not tin kosong company. Jatuh lagi beli lagi. Do not play contra. If we sell shark will collect at cheap price
I am in Iskandar computer game shop now. As long term investors we have to keep our focus. Like boarding a plane to a long distance destination. Do we panic because of air turbulence? Definitely not! We expect a safe arrival.
Nothing is wrong with the plane. Only a little inclement weather. All will be fine in the journey. Remember PMC is debt free. Cash & Cash in shares already 28 cents. All else Free!.
Cash & Cash? that is exactly the same situation back then. Now you see it, now you don't. The board members constantly quarrel among themselves. Those really want long term, pls looks else where. This stock is purely for casino play. menang only one two hundreds using tens of thousands hard earned money, worth it?
It will not fall like DSC Solutions, a loss-making company. DSC Solutions was played up last week by the big sharks to the high of 43 sen and has since been pushed down due to excessive amounts of speculative play and forced selling.
But PM Corp has been trading on low volumes. To me, it is just poor market sentiments. In fact, most counters have been drifting lower in December(a quiet month). Big sharks could be using this opportunity to push down prices to collect (probably for the pre-Chinese New Year rally next month), just like some of the pp here waiting to collect cheap too.
Do not be lured into selling by the big sharks if you truly believe in the value of this company.
Calvin. U are right. I can read financial very well. Sone still not understand cash payout. Pmcorp is giving cash payout not mui. Mui is the receiving end. So even mui had huge carried forward losses. Is ok for pmcorp to give cash out. In the book of mui at company level. Mui's investment in pmcorp will be treated as investment in subsidiary company. Once cash is paid to mui. The so called investment will decrease in value and cash account will increase. Tak percaya pergi tanya u punya financial advisor or accountant. Cari ACCA CIMA Chartered accountant for clarification.
People come people go....that happens in every organization especially towards the year end...Is PMC business affected by the latest development...Is one man so critical that the entire PMC business just collapses ?? Who is the CEO of PMC? Who are the management team members in PMC?
As Investors it is important to stay focussed to ask these critical questions..
"Is the business model and business strategy of PMC impaired by the resignation of the CFO ?" What is the graham net net intrinsic valuation of PMC...Is current price above or below the Intrinsic valuation?? What is the cash backing per share for PMC?
Calvin came back. I think he went to iskandar........ Don't panic. Big shark game they get ready to accumulate......, Fourmer writing their opinion here Just listen what they saying don't decide with their opinion. Sure every one make money from PMCORP. CFO resigned but he is not owner of the company!
Posted by tsurukame > Dec 4, 2013 06:29 PM | Report Abuse
People come people go....that happens in every organization especially towards the year end...Is PMC business affected by the latest development...Is one man so critical that the entire PMC business just collapses ?? Who is the CEO of PMC? Who are the management team members in PMC?
As Investors it is important to stay focussed to ask these critical questions..
"Is the business model and business strategy of PMC impaired by the resignation of the CFO ?" What is the graham net net intrinsic valuation of PMC...Is current price above or below the Intrinsic valuation?? What is the cash backing per share for PMC?
Unquote
YES, I 101% agree with your statement but the current scenario is totally different ! Recently, a lot of us bought around 0.28 cts to 0.35 cts were to anticipate capital repayment and hope it will come true before end of this year ! If that CFO Mr Ho resigns after the capital repayment announcement is made, that will be different story but just feel a bit weired the timing he resigned now which made a lot of ' hopeful ' PM corp investors a big shock ! For those who just bought 20, 30 or 50 lots will not make great impact, but those who bought over few hundred or even few thousand lots, the impact is really big ! If this is what we called capital repayment not really come true, I start to worry the share price might slowly go back to its original starting point at 0.07 cts and becomes dormant ! For those who collected around 10 to 15 cts - not much of the worry simply cos they make less ! I am not blaming any one here but just that luck is not with us as the timing of CFO Mr Ho resigned at this time ! Just let us ( those who bought 0.28 cts and above ) keep our fingers crossed that the capital repayment will come true ?
Agreed Kelvin, nobody likes uncertainties. I am not surprise if today's drop was partly due to the resignation of the cfo. I bought more today at 0.255 and will buy more if the price is right. I intend to keep for at least another 2 quarters to see whether the business is improving than will decide whether to keep longer. For now I like the idea of selling chocolates :) although its business model needs some fine tuning. I do agree that IF the cash payout does not materialize by end of this month, it will really hurt the investors' confidence...
Superman88, exactly. It will definitely cause some concerns and uncertainties because we don't know what actually happened. Kukuman, please share your opinion...
Volume was low. Nothing to panic. Tomorrow it will rebound to 26 sen. If somebody wanted to make it close at 27 today is too easy. No need to have much capital. Pmcorp investor must be smart. As we saw this afternoon. Those q to sell at 27 and 26.5 were too low. These people were mainly daily traders. Buy at 25 sell at 25.5 or buy at 26 sell 26.5.
Kelvin Tsai, The business valuation, business fundamental and most important the PMC business Model is very much intact...Fear not what rumours cometh by...just focus on doing productive research work to determine the answers to the following questions:
"Is the business model and business strategy of PMC impaired by the resignation of the CFO ?" What is the graham net net intrinsic valuation of PMC...Is current price above or below the Intrinsic valuation?? What is the cash backing per share for PMC?
As Investors, one must try to achieve ALL of the following: -BE 100% COLD HEARTED -JUST SIT BACK, RELAX & ANALYSE WHAT IS GOING AROUND YOU NOW -BE TOTALLY OBJECTIVE IN OBJECTIVE APPRASAL OF RUMOURS/NEW INFO -DONT SUCCUMB TO EMOTIONS AND LET YOUR EMOTIONS DECIDE -USE YOUR OBJECTIVE & ANALYTICAL BRAIN POWER TO DECIDE -UNDERSTAND BASIC FINANCIAL INVESTMENT TOOLS ON VALUATION OF BUSINESS
There will be ups and downs but the Fundamental of PMC business and most important PMC business model itself is very much intact..
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....
mikekong55
4,805 posts
Posted by mikekong55 > 2013-12-04 17:21 | Report Abuse
maybe kukuman watching sideline and waiting to 'vent his anger' at the right time.haha