HAHAHAHAHAH ... u all veli LUCKY got one c2peed Ah Tan goes and list out everi thing about PMCorp lor ... but luckily for leno because not many people understand wat that c2peed ah Tan tok kok about lor ... HAHAHAHAHAH !!!
don't like that la, many months ago our comrades already shouted cantek cantek when it was around 20cents, some more beg ppl to make money together with us ler, now above 30 cents ... cantek !! Kiki, monkey can clamber high high one, hehe
unless the stock price keeps on increasing or else it will just be old memories left . whatever the value is , it will be for co major shareholders to decide. Just like Kseng , u know how much cash it got n NTA not valued since its inception? Many people targeted RM17/20/50 etc but is only trading RM5+???? Logic or not?
comrades we may be experiencing some turbulence lah, no cool lah got ppl say Shanghai weather not good, the northern breeze will travel few thousand km and hit us, but we sure reach our destination one because we base on MOS !! kiki.. 50cents !! hehe
That is a good question. A very good question indeed.
The Malaysian Financial Circle including Forbes put KKP'w wealth around Rm300 Millions to Rm400 millions. And KKP not even in Top 10 Riches in Malaysia.
But Pauline is now suing Tan Sri KKP for UK500 Million British Pound which equals Rm3 Billions (50% of divorce settlement).
That means that Pauline thinks otherwise. Tan Sri Khoo has only Rm300 Million according to Forbes Mag or he really has Rm6 Billions according to Pauline.
Don't forget that when Tan Sri KKP was sick Pauline took charge over the empire of Mui Group.
And if all the hidden assets are sold and distributed by law - All
Power Money Corp Shareholders REALLY "KAYA LEOW THIS TIME"
Actually, Tan Sri KKP should just call it a day & sell off everything and retire for good. Spend more quality time with God.
See Dow now down over 300 points. A Financial Meltdown might be on the way Hammering everything down - all blue chips, 2nd liners and penny stocks might be hit hard left and right with no escape!. So hide in the safety of safest CASH RICH, DEBT FREE, HIGH NTA STOCK LIKE PM CORP.
Calvin, Gst rescued our economy. Government has money. Don't worry. Alll gov contracts to Iris no budget cut. All according to plan. Big chunk of contracts come from overseas clients. I got check. 80% - 90% of Iris biz actually fr overseas!!!
Anyway, I want long term counter. And Iris Q1 onwards will sure to earn me more than 8 sen! Hehehh.... I saw Iris past track record. Good time, gila2 twice ran up above 60 sen. That's 300%!
Worse come to worse, I hold lol at current rock bottom price. Nothing to lose. The beauty of tech stock is not much affected by djia.
Come la, join me, don't stubborn. Divorce case very messy one. After pump, they dump, you are done with!
It has Rm570 millions in receivables and IOU. Equal to its paid up capital. I SEE it as a dangerous stock. More so when economies are crashing left and right. Better be careful lor!
FOUND A GOLD MINE? STICK WITH IT. SOME DAY. SOME WHERE YOU MIGHT STEP ON A LAND MINE.
PM CORP - A ROCK SOLID SHELTER IN THE TIME OF STORM - FOR TIMES LIKE THESE.
Calvin, so many good contracts at iris past months for 2016. Must take those into deep considerations! Past accounting figures are dead and history. When we invest, we invest in potential, in future! Iris maybe 2016 dark horse! Come la join me there to huat huat !
Last quarter accounting shows receivables & IOU of Iris has over Rm570 Millions. That is not past accounting. If you don't know anything you better don't be in the stock market. You are just playing tikam, tikam.
This is not the time to play play. A financial storm is brewing.
Business doesn't seem to be doing so well but rich in assets.
SHARES of Pan Malaysia Corp (PM Corp) (fundamental: 1.5/3, valuation: 1.1/3) rose 5.2% to a one-year high of 30.5 sen on heavy volume yesterday. A total of 9.5 million shares were traded — 11.2 times its average daily trading volume.
PM Corp is primarily involved in the manufacturing of own-brand chocolate products as well as distribution of confectionery and beverages of third-party brands. The company is 27.5%-owned by Malayan United Industries Bhd and controlled by Tan Sri Khoo Kay Peng.
For 2014, revenue was down 12.1% to RM70.8 million from a year ago and it recorded a net profit of RM1.5 million. PM Corp attributed the uninspiring performance to lower domestic sales, heightened competition in the local chocolate market, and higher raw material costs.
For 9M2015, revenue increased 4.8% year-on-year to RM50.2 million while net profit jumped more than seven-fold to RM8.3 million, thanks to a foreign exchange (forex) gain of RM9.3 million. The company said the unrealised forex gain is mainly due to the depreciation of ringgit against Singapore Dollar on translation of amount owing by a foreign subsidiary.
With minimal borrowings, PM Corp is sitting on a net cash position of RM143 million. This is equivalent to 20.2 sen per share, or a substantial 70% of its market capitalisation.
On Nov 25, 2015, it proposed a reduction of par value and share premium to eliminate its accumulated losses as well as a capital distribution of RM56.7 million or 8 sen per share to shareholders. The proposals are subject to shareholders’ approval at forthcoming extraordinary general meeting on March 3 and expected to be completed by 2Q2016.
The stock is trading at a trailing 12-month P/E of 23.6 times and 0.57 times book value. Both trailing ex-cash P/E and trailing EV/EBITDA stood at 7.2 times. No dividend was paid for the past 10 years.
ITS ALWAYS BETTER N SAFER TO INVEST OUR HARD EARNED BASED ON FACTS DERIVED FROM THE COMPANYS FINANCIALS N ITS ANNOUNCEMENTS. CALVINS WRITE UPS ARE BASED ON THESE. CAN BE REFERRED TO HIS BLOGS N PMCORPS FINANCIALS N BURSA ANNOUNCEMENTS. ALL HIS FINANCIAL TABULATIONS ARE FACTUAL..ALL THESE INDICATED PMCORP SHARE PRICE AT 0.30 IS VERY UNDERVALUED BASED ON ITS SOLID FINANCIALS AGAINST ITS NTA OF RM0.50 N ITS RNAV OF BETWEEN RM0.70 to RM0.90. ITS IMPENDING PAYOUT OF 8 SEN PER SHARE OR RM80 PER 1000 SHARES OWNED IS FACTUAL PENDING ITS PASSING AT ITS AGM ON 3/3/16. I WISH TO HIGHLIGHT THAT PMCORP HAS 64.959 million TREASURY SHARES WHICH IT CAN POTENTIALLY DISTRIBUTE FREE TO SHAREHOLDERS IN FUTURE. THIS WILL BECOME ANOTHER (2nd) GREAT FINANCIAL WINDFALL TO SHAREHOLDERS. PERSONALLY LOOKING FORWARD TO MATERIALISE.
OTHER CATALYSTS INCLUDE ITS INCREASING CASH HOLDINGS VIA SALES OF ITS NON-CORE PROPERTIES IN SINGAPORE N ITS PROPOSED SALE OF ITS SHARE HOLDINGS IN LISTED PMHOLDINGS FOR ALMOST FM10M. SUCH DISPOSALS WHICH ARE ESSENTIAL TO ITS BUSINESS WILL GREATLY ENHANCE ITS FINANCIALS N UNLOCK ITS VALUE THEREBY BOOSTING ITS SHARE PRICE. PMCORP IS TO ME PERSONALLY A TRUE STOCK WITH GREAT PONTENTIAL. MY SINCERE APPRECIATION N REGARDS TO CALVIN (disclaimer: my comments are purely for sharing n exchange of market info only.It is not a call to buy or sell PMCORP shares.) TQ
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