First quarter financial report next month should be good as chicken and egg price is high and sales is good during CNY. No selling by major shareholder or director is announced so far.
rlch if you have any contact with the direcotr, can you please persuade them to declare more dividend or free bonus. Free cash to the minority shareholder could make the stock interesting and push to the intrinsic value of RM3
n00bpelabur, this is the contact I get from their website as I don't know their director and I am small shareholder only. Maybe more people contact them will get favourable reply. http://www.pwconsolidated.com/flash/index.html admin@pinwee.com.my, Tel : 604-5081088(General line)
n00bpelabur, I see you are active in KPS thread. I also bought KPS before but that was below RM 1 many years back. Unlike KPS directors which keep disposing their shares, PW has yet to have any announcement like this.
Hmm I do know about the share buy back. But I think the director need to do something big to increase share price. Share buy back is good to increase volume but overall the market need to adjust the share price automatically in to the intrinsic value of RM 3. this stock is totally undervalue according to book value.
I am waiting for the two big shareholders to take it private, no others can raid this company cos the free float is so small. Just have to be very patient to see result.
wah increase :) good for this stock. I really hope more investor realize potential of this stock hold. After my degree, when I want to do case study for my CFA or MBA, I definitely will choose good undervalued company like PW. :)
Still steady in a weak market. Chicken price going up? High borrowing due to owning plenty of land. Can easily reduce debt by selling land as land price keep rising.
While other news(privatisation,etc) is not confirmed, strong latest quarter result(EPS 7.13sen) is the main reason for recent surge. So buying stock base on low PE, high DY & high NTA like PW is beneficial in long run.
thank you rlch but refer to the 2012 PW have one quarter earning 8.61 cts but the share price not move a lot and consequence quarter earning drop back to 2 to 3 cts.
My first posting here 42.5sen. Today new high RM1.48, up 248% in a year plus or more than 3X. Along the way many negative views were posted about this stock as can be seen here.
@rich.. I think this is good counters compare to related counter. Under value...this boss never doing PR... We eat chicken and egg daily.. Some more the demand going up yearly. The total shares issue 59 million shares.. A bit of public after this counter.. It will fly..
Yes, PW Con performed well to our surprise. You see, we don't know about the location of PW Con lands in Batu Kawan. So we cannot be 100% sure. That's why you have to invest in WHAT YOU KNOW.
If I Have Clarity I Would Have Bought Some too. KcChongNz is in New Zealand. There is no way he can verify those lands of PW. So he did his best under the circumstances.
And Even Though So Far Away In NZ He Is Able To Make So Many Right Calls for Share in Malaysia - Thousands of Miles Away!.
He Is Definitely A Great Guy!
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
hentaiboy
71 posts
Posted by hentaiboy > 2014-04-07 21:27 | Report Abuse
ZERO volume today. Very quiet stock.