I find it curious that the co. bought back 66+ mil shares in '05 at a cost of between 42-50c & cancelled them...then started buying again another 59+ mil shares between late '05 to '06 at between 25-45c & then raised that to 69+ mil current with more purchases in '08 from 18-22c. Stopped for years even as the price went cheaper to 8c in '09 & briefly bought another 0.2 mil in '12 for 9c & then stopped completely till now!
Haiyoh Mui Berhad already moved from 18 cts to 24cts Now its PM Corp turn to follow Net asset 41 cts (under valued properties n investment) Net cash rm92m Zero borrowing Treasury shares held rm 30m Net profit rm 4.5m for 9 months Undiscovered cheap consumer gem in chocolate manufacturing
Hey! Today, R-Table will be covering $PMCORP(4081.MY) - Pan Malaysia Corporation Berhad by presenting 10 years financial results in a short, fun & interesting way. Click the link below to watch the video.
NTA 41cts cash rm92M ...appro 12 cts per share nil borrowings accumulated net profit for 9 months -rm4.5m --PMCorp is worth investing for long term at 14/14.5 cts per share but few sellers at this price.
Remember when you buy into PMCorp shares, you also buy into PM Holdings and MUI properties. (PM Corp owns 8.91 % of PM Holdings and 2.85 % of MUI Properties.)
PM Corp recently declared a dividend of 0.5 cts to be paid in coming Dec Based on its price of 13.5cts ,dividend yield works out to be 3.7% .....not bad
If you promote 50 counters and few go up and rest habis, is that called chun, chun Sifu? I also can do that but it's not proper. Those who follow will suffer...
Posted by Tripaka > Nov 24, 2019 10:43 AM | Report Abuse
If you promote 50 counters and few go up and rest habis, is that called chun, chun Sifu? I also can do that but it's not proper. Those who follow will suffer...
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
56,242 posts
Posted by calvintaneng > 2019-04-09 09:49 |
Post removed.Why?