Posted by calvintaneng > 2013-10-01 16:10 | Report Abuse

jcool Welcome aboard, Please learn to earn money by own research & work. Money earned this way will be really meaningful. If you just listen to tips alone without knowing the real reason for investing - you will not always be lucky all the time.

MAKING MONEY BY INVESTMENT IS 99% WORK & ONLY 1% BY LUCK

LUCK IS PREPARATION MEETING OPPORTUNITY!

PLEASE REMEMBER TIPS & LUCK PLAY A VERY SMALL PART IN TRUE INVESTING

Posted by member41 > 2013-10-01 16:19 | Report Abuse

calvin need your help boost it past 18.5 :)

Posted by calvintaneng > 2013-10-01 16:25 | Report Abuse

Tried to call PM Corp Management this morning. Having Serious Meeting Again. Something is Going On In MUI Group. Always In Meetings Whenever I Called. Can Only Say That Something Great Is Going To Happen. Just Wait & See....

Posted by member41 > 2013-10-01 16:27 | Report Abuse

heh thanks for helping us call calvin... your confirmation of the cash payout at AGM was enough... just need patience...

Posted by undervalue > 2013-10-01 16:33 | Report Abuse

Sang - jero, it won't go back to below 10 cents unless WWIII. Situation and circumstances have changed. Previously one major shareholder(think related to government, I can't recall the name. See Calvin's postings) selling down it's share because PMCorp changed it's div policy. Some fund houses are very strict. They have to invest in companies that pays div yearly bcos of their policies. 10 years later(now), 3 new directors and 1 director passed away bcos of age. They are planning for capital reduction. What does it tells you about the company policy? It shows that ppl have changed and they are willing to change.. Well it might not be a drastic change but it is a good start.

Another thing to take note, usually, market do not like shares consolidation. Share prices has the tendency to overshoot on the downside after consolidation. However, if the company continues with it's low penny stock status, it share price will not appear in most of the fund houses radar. Some big funds have strict criteria to invest only in companies above a dollar, for example. Therefore, not many people will know no matter how good the company is. I worked in a foreign inv bank b4.

Right now, major shsholders and parent company hold about 85% of PMCorp. Calvin and friends in Johor(Iskandar) holds about 5%. Only about 10% shs are in the market. This counter is not easily manipulated by syndicate. In fact, your 'voice' will be louder if you join Calvin and friends at AGM. I hope I don't get Calvin into trouble by saying that... :)

Having said that, there are no risk free companies in the world. One has to take responsibility to do his/her own research and take calculated risk. I m not a trader neither am I a long term investor. 5 to 10 years is good for this company to prove itself since things have now stabilize. Bought more at 17 cents yesterday. Cheers!

Posted by member41 > 2013-10-01 18:11 | Report Abuse

undervalue: I think the shareholder who sold down is PNB (permodalan nasional berhad)

Posted by undervalue > 2013-10-01 19:24 | Report Abuse

Thanks member41.

Posted by jantzen7801 > 2013-10-01 19:45 | Report Abuse

Calvin@Nice to meet u. Can you please gv some comment abt PMCAP as well.

Posted by lwalk > 2013-10-01 20:11 | Report Abuse

just read the entire thread, all six pages, for some extra knowledge :)

Posted by calvintaneng > 2013-10-01 21:49 | Report Abuse

JCool you should follow Iwalk by reading all 6 pages pf thread. The reasons for Ang Pows:

1) Since 4 years back Investors have been asking for dividend.

2) There was a payment of dividend to NFI Share Holders. PM Corp bought a major portion from NFI Singapore Owners years back. Company & NFI minority shareholders are involved in this exercise only.

3) Al long last Company has decided to Consolidate Shares & Pay Out Cash. Reasons: To give something to shareholders' constant appeal. And Company also need money

Posted by timl > 2013-10-02 00:06 | Report Abuse

interesting comments here.. took me some time to read them but it does help to understand a bit about the company :)

Posted by frankloh > 2013-10-02 10:12 | Report Abuse

Hi Calvin,good morning.Focus Malaysia describe that there were inter-company borrowings of RM1.6bil that PMC and MUI Properties made to MUI.Does MUI settle the payment of RM1.6bil borrowings to PMC?

Posted by TESSA > 2013-10-02 10:43 | Report Abuse

syphoning money

Posted by member41 > 2013-10-02 10:49 | Report Abuse

pmcorp probably is mui's gold mine... whole group prop up by pmcorp's cash? can't break 18.5 sighs.....

Posted by calvintaneng > 2013-10-02 11:12 | Report Abuse

A Very Good Morning To All From Jurong West, Singapore! Weather here is cool & quiet.

The dust has almost settled by now. Focus article on Tan Sri Datuk caused hardly a ripple. In fact MUI Berhad share price went up to 19 cts. (Why Mr. Market Totally Ignore MUI Berhad at 19 Cts Now When They Made MUI Their Darling At RM24.00?)

MUI at RM24.00 Mr. Market chasing. MUI at 19 Cts - Mr. Market Ignoring.

I also own MUI Berhad shares. Wanted to buy more but Management points me to Pm Corp instead.
.
Now back to the article by Focus magazine. I have read it over and over again. They present an outsider view. Let us share Our Insider View.

No.1) Obviously everyone notice the error. They mentioned PM Holdings in PN17 instead of PM Cap

No.2) Passing wrong Verdict. "he has the financial means to revive MUI and PMI but is not doing so"
Did they not notice that Company has bought back share from a low ownership of 10% to - as they
stated by April 30 2013 Khoo own 47.7% of MUI Berhad?

No 3) A Good Deduction By Focus. Focus quoted the British papers that Khoo has a RM5 billions net
far higher than Forbes estimated.

No 4) Confusing Statement "PMC hived off its indirectly-owned subsidiary, Network Foods International Ltd, to Sing Long Foodstuff Trading Co Pte Ltd for RM38.2 mil." Not NFI Business, Doreen, but NFI factory & leasehold land only.

No 5) "The problems at MUI are far from over, as it is house-cleaning" Focus is correct. MUI has been doing just that - Selling G Kent shares, Johan, BEA (HK), MUI Continental Ins, S'pore Factory & Many others TO UNLOCK MUCH NEEDED CASH & PARE DOWN BORROWINGS. VERY GOOD.

No. 6) MUI suing HOPE FOUNDATION for outstanding receivables. Sounds like right hand suing left hand? I am not sure on this. Must get further clarification from Management.

No. 7) "There were inter-company borrowings of RM1.6 bil that PMC and MUI properties made to MUI"
Wow! MUI owe PM Corp & MUI Properties RM1.6 bil. When was it? I really want to know the present status. If true, PM Corp must be Very Rich. RM1.6 bil? Doreen, are you sure?

No 8) MUI Berhad bought 40% stake in Laura ashley on the brink of insolvency. That's a very smart move for MUI to buy at fire sale prices. Good.

No.9) Khoo proposed to take PMC (PM Corp) private at 25 Cts.A RM70 Mil exercise. Nobody in PM Corp AGM know this news. Johor shareholders bought at 25 cts will reject this!

Mr Ong Teck Peow, one long time share holder, bought at Rm1.80 will definite reject it even if Company take it private at 50 cts.

No. 10) Khoo bet on the wrong horse - Tengku Razaleigh. But Dr. Mahathir conferred the title "TAN SRI" to Khoo. Sure? No comment here.

No. 11) Khoo wanted to take PMI private at 4.5 cts. True.

No. 12) The Story of Job. According to Focus: God is testing Khoo like Job who lost everything. But Job remained true to his faith and refused to give up. In the end he was rewarded, receiving even more than he had originally possessed.

The Bible says. "'...the LORD gave Job twice as much as he had before (Job 42:10"

Tan Sri Khoo is the 36th Richest Man in Malaysia. Actually he is much nearer to the front. Because he wanted to keep a low profile and wanted to give God the Glory. Let others take the spotlight in the front top 10.

Posted by member41 > 2013-10-02 11:15 | Report Abuse

did Doreen get the facts right? Work for Focus magazine but not focussed?

Posted by undervalue > 2013-10-02 13:36 | Report Abuse

Thanks Calvin for your sharing.

Who is Mr Ong Teck Peow? What is his relationship with PMCorp?

Posted by calvintaneng > 2013-10-02 16:23 | Report Abuse

Mr. Ong Teck Peow is long time shareholder of PM Corp. He attends every AGM & guarding the Cash Hoard of the Company. His cost of purchase in PM Corp is RM1.80 & above. I had to comfort him that PM Corp intrinsic value is RM1.30

Posted by calvintaneng > 2013-10-02 16:31 | Report Abuse

Latest update about PM Corp. Management says that PM Corp after Announcement of Cash Distribution will not take more than 3 months for Actual Release of CASH. Authorities are very efficient nowadays.

Both MUI Berhad & MUI Properties Are In Good Order. Don't have itching years by hearing rumours - especially some unfounded conclusions by Focus magazine

When Peter looked at Jesus, Peter walked on the waves. But when Peter took his eyes off Jesus and looked at the waves - Peter started to sink.

Think Long Term If You Want To Come Out A Winner!

Posted by member41 > 2013-10-02 17:03 | Report Abuse

Calvin, did they hint when is meeting to announce cash distribution? By early 2014?

Posted by calvintaneng > 2013-10-02 17:16 | Report Abuse

This year, member41, not next year - according to Management. Either October, November or December 2013 latest!

Posted by member41 > 2013-10-02 17:33 | Report Abuse

Thanks Calvin... sorry read the earlier 6 pg i tot is by early 2014... within next 3 mths is such a reality... Xmas present coming :)

Posted by calvintaneng > 2013-10-02 17:45 | Report Abuse

Sorry guys for not commenting on PM Cap earlier as I need to clarify with Management. PM Cap is not having an easy time due to day traders / margin call loses owing to PM Cap management.
The Co is trying to salvage the whole situation. There is a possibility that Company might seek for a buyer for PM Security. But nothing is confirmed yet.

For stability and future growth please stay safe from too much speculation. Do your own due diligence in finding safe investments.

Regards

Posted by undervalue > 2013-10-02 23:17 | Report Abuse

Thanks Calvin.

Posted by timl > 2013-10-03 01:42 | Report Abuse

so the cash distribution is for the capital reduction?

Posted by calvintaneng > 2013-10-03 10:19 | Report Abuse

A Very Good Morning From Calvin from Singapore,

Warren Buffett stayed in Omaha, far away from the Wall Street - far away from the maddening Crowd. . He needed quietness to hear his own authentic voice. Independent thinking is what he wants. He reads and reads and reads to know all the facts he could get in the world of investments.

After sifting data from the ocean of information - he further his research by looking into its value. And if he should find one did he rush to buy? No, he can sit there, do nothing for ages, until one fine day when the market crashes. Then, only then when the price is right, he will scoop it up.

As one wise investor from Johor said," If you have found a really good share. Don't just nibble - HAMMER IT." That means - buy a lot of it.

And his shares are held tightly. He seldom trade. You see, he has multi billions to do trading daily but HE IS NOT A DAY TRADER. HE IS NOT A CONTRA PLAYER EITHER.

His WORKS FOR HIS MONEY - he reads tons of information. He has TOTAL SELF CONTROL, he doesn't act by greed or fear. He is TENACIOUS - he holds on to his shares for decades - Lehman Brothers, 911, US Govt. Shutdown - no impact on him at all.

So please seek to excel by Working and not by luck. Stay away from the crowd and do your own independent thinking. And don't trade too much. Don't wander from counter to counter. Found a goldmine? Stick with it. Be tenacious! It will keep you from wandering into land mines.

Posted by member41 > 2013-10-03 11:33 | Report Abuse

Wow first time see it touch 20... more to come?

Posted by hello > 2013-10-03 11:35 | Report Abuse

kick lai liaoooo

Posted by Ooi Cheng Kee > 2013-10-03 11:35 | Report Abuse

what happen?

Posted by Ooi Cheng Kee > 2013-10-03 11:36 | Report Abuse

0.21 now!

Posted by member41 > 2013-10-03 11:36 | Report Abuse

calvin and hobbes buying up

Posted by anthonylow > 2013-10-03 11:37 | Report Abuse

one day show.................

Posted by member41 > 2013-10-03 11:38 | Report Abuse

21.5

Posted by yennie > 2013-10-03 11:42 | Report Abuse

pmcorp break out 5 year high of .20 . can it go back to 40sens?

Posted by undervalue > 2013-10-03 11:42 | Report Abuse

most likely capital reduction news might have reached the big boys...

enjoy the ride everyone..

don't buy and sell.. think mid to long term. It is a good company. Cheers!

Posted by yennie > 2013-10-03 11:42 | Report Abuse

thank you Calvin. God bless.

Posted by calvintaneng > 2013-10-03 11:46 | Report Abuse

There was another Great Investor called Peter Lynch. He is a TEN BAGGER HUNTER. What is 10 Bagger! 10 Bagger means A Share That Can Rise 10 Fold - example a One Dollar Share Shoot Up To TEN DOLLARS! Ten Times The Original Price. He got it only once a while in his port folio.

Once he toured Europe & visited The Volvo Car Factory. They were surprised to see this American coming all the way to the Volvo Factory. They were quite amused and asked him, "Why Are You Interested in looking at our Accounts?" He told them he is interested to invest more in Volvo Company shares if there is further CLARITY.

To his GLAD SURPRISE he saw that VOLVO HAS SO MUCH CASH. And the share price was so Ridiculous Low. VOLVO SHARE PRICE WAS SELLING AT CASH VALUE ONLY! That means that he is paying for Volvo Cash Only - The Entire Volvo Factory is FREE. All the VOLVO CARS are FREE!!

So he bought, and bought and bought up all the VOLVO SHARES His Fund Could Afford.

And the Story Ending?. Go and find out yourself now. "ONE UP ON WALL STREET & BEATING THE STREET" By Peter Lynch.

Posted by JCool > 2013-10-03 11:48 | Report Abuse

non believers don't despair......

as believer or non-believer each individual is a part of God and will ultimately merge in God.... we may call this re-union with God as going to heaven..... via some other counters

Posted by Lim AS > 2013-10-03 11:48 | Report Abuse

extract :
Thursday, 22 Aug 2013

6:46PM PMCORP 1H net profit 0.432 million (decreased 66.22%)

Posted by member41 > 2013-10-03 11:56 | Report Abuse

calvin, more chocolates pls... :)

Posted by CityTrader > 2013-10-03 11:58 | Report Abuse

Calvin, Is capital reduction good to a company?

Posted by hello > 2013-10-03 11:59 | Report Abuse

more more more

Posted by timl > 2013-10-03 12:06 | Report Abuse

any announcement made? whats with the sudden spike?

Posted by calvintaneng > 2013-10-03 12:09 | Report Abuse

ok member41, drop by any COSWAY Outlet today. NFI is the OEM for Cosway Chocolates. They are extremely well designed. Each one is done in A Very Presentable Way. They are 12 different types.

They Made Excellent Gifts. Buy One Box For Your Wife Or Girl Friend Each Month.

You Will Have A Healthy Wife Or Girl Friend.& Preserve Their Beauty.

Remember, Cocoa prevents heart attack, stroke, breast cancer, wrinkle & high blood pressure?

COSWAY'S TUDOR GOLD CHOCOLATE - THE BEST IN ITS CLASS.

Go and buy some today.

Bon Appetito!

Posted by snow white > 2013-10-03 12:10 | Report Abuse

thanks, Calvin ! :)

Posted by Hafiz_444 > 2013-10-03 12:10 | Report Abuse

what happen

Posted by snow white > 2013-10-03 12:12 | Report Abuse

the chocolate is tasty

Posted by wcs0201 > 2013-10-03 12:12 | Report Abuse

PMCORP will privatise at 30sen by Dato Khoo

RUMOURS !!!

Posted by yennie > 2013-10-03 12:14 | Report Abuse

i prefer cadbury chocolate but i tudor dark chocholate is good.

Posted by snow white > 2013-10-03 12:14 | Report Abuse

Calvin, shall i keep the chocolate for long?