Am I the oracle of Kota Kinabalu now? I told you we are looking at profits of 18 million in 2018 year end. Turns out PPHB did 19 million instead.
Although I said opportunity cost of PCHEM is much better (all time high revenues and all time high dividends this quarter), PPHB also did well for itself.
All you need now is someone to step up, go to the AGM and request them to give out 1 cent dividend (of 2 million), and take less director fees (from 7 million to 5 million), then everyone will see the value of PPHB shine, from 103 million net worth to 200 million net worth.
Be a shareholder, treat yourself as a partner in the business working together with PPHB management to grow the business together. Tell them if they reward shareholders, you will be more than willing to buy into rights issue and warrants purchases to grow the business fully!
Good luck and god bless!
>>>>> Let me throw you some figures.
Today if you buy pphb for 92 million, you get a clear view of profits of 18 million in 2018 year end.
Then you add growth trigger of 4 million per year from those 160 rooms and retail units and parking fees. You get 22 million.
Then you add the average growth rate of 2 million a year, and 1 million from their other income, you get 25 million.
If you get 25 million profit every year, and they start to do a dividend of 2-3 million to shareholders, you do the math?
PPHB results is stellar. It is time the company reward shareholders. Not in terms of bonus shares only but in DY. Well done in a weak economy, hats off to management.
Dear Philip, I refer your comment: Posted by (S = Qr) Philip > Feb 25, 2019 07:14 PM | Report Abuse Remember this? https://klse.i3investor.com/blogs/philip5/191895.jsp Am I the oracle of Kota Kinabalu now? I told you we are looking at profits of 18 million in 2018 year end. Turns out PPHB did 19 million instead. Although I said opportunity cost of PCHEM is much better (all time high revenues and all time high dividends this quarter), PPHB also did well for itself. All you need now is someone to step up, go to the AGM and request them to give out 1 cent dividend (of 2 million), and take less director fees (from 7 million to 5 million), then everyone will see the value of PPHB shine, from 103 million net worth to 200 million net worth. Be a shareholder, treat yourself as a partner in the business working together with PPHB management to grow the business together. Tell them if they reward shareholders, you will be more than willing to buy into rights issue and warrants purchases to grow the business fully! Good luck and god bless!
I am disappointed with you, after promoted PPHB and now you are asking someone to do the dirty job of attending the AGM and wrestle with family of wild boar to steal some leaf-over from the wild boar jaw: request them to give out 1 cent dividend (of 2 million), and take less director fees (from 7 million to 5 million).
I think you owe those buying into PPHB after reading your article an obligation and duty to confront the BOD during AGM and demand the rightful share of profit (Dividend) and possible a Formal Dividend policy.
Do not doubt the resource and capability of “oracle of Kota Kinabalu” likes “oracle of Omaha” He will buy out the PPHB share from Koay family and appoint himself as new CEO and very soon PPHB will be a blue chip company like Pchem (Dividend: 32 cents)
I refer to your successful bid to get dividend of 1 cent from INSAS. Many investors joined you in buying big chunks of INSAS at share price of rm1 and above. They subsequent lost more than 30% of their networth from 2017 and even until today share price is still at rm0.78. and yet you continuously promote and ask them to buy INSAS, when the retired no longer have ability to raise productive income and have a smaller retirement nest egg to rely on in 2019.
There are those who believe they would have earned much more by moving their investment into a fixed deposit money market with no risk of capital losses at 4.2%.
I wonder if you owe it to those retirees who bought INSAS in 2017 and 2018 to help them refund back their retirement nest savings after putting their faith in you.
Capital depreciation and a 2% dividend yield ( based on the price they followed you in at).
Those who listened to my "promotion" and bought it at 0.49 in January, will still be up 10% today. And looking rosier then ever.
No?
Totally understandable. >>>>> I think you owe those buying into PPHB after reading your article an obligation and duty to confront the BOD during AGM and demand the rightful share of profit (Dividend) and possible a Formal Dividend policy.
Owner of company takes the profit and put inside their own pocket. This kind of share who is willing to invest? Only water fish and pump and dump gang. Same goes to insas
He said once elevated, Seberang Perai would become the country’s largest city council, covering 747.8 sq km with a population of 946,200.
“The Penang government approved MPSP’s application last December and wrote to the housing and local government minister to have it elevated to city status.
LOOK forward SP status to be upgraded, land and property value will be up up up!
I was interested in PPHB as it was a small-cap company with reasonable growth over the years. But why the price is still 0.555 ? Why a company is trading at a market cap of 105 million when it earns 19 million for the past year ? Why it is trading at a mid-single-digit PE ?
I believe this is due to "market perception". The participant doesn't believe in the 19 millions per year as they can't promise a single cent of dividend.
And could they deliver the dividend to the shareholder ? Looking at the cashflow, i believe PPHB is unable to deliver a single cent of dividend. * Cash from operation is outstanding at 30 million FYE2018 * Then everything is devoured at PPE - 33 million. * PPE ballooned from 121.5M to 148.65M in 1 year. * There are 21M of capex approved and still not yet contracted. = All the profit goes to capex.
As long there are no dividend policy decided, this share is going to be having a very very depressed valuation.
Even in my investment experience, London Biscuit with the super "idiotic" profit to capex to PPE also borrowed to declare dividend in order to lift up the sentiment/perception of the company. In other words, this company doesn't give a damn about the shareholder.
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....
(S = Qr) Philip
4,865 posts
Posted by (S = Qr) Philip > 2019-02-25 19:14 | Report Abuse
Remember this?
https://klse.i3investor.com/blogs/philip5/191895.jsp
Am I the oracle of Kota Kinabalu now? I told you we are looking at profits of 18 million in 2018 year end. Turns out PPHB did 19 million instead.
Although I said opportunity cost of PCHEM is much better (all time high revenues and all time high dividends this quarter), PPHB also did well for itself.
All you need now is someone to step up, go to the AGM and request them to give out 1 cent dividend (of 2 million), and take less director fees (from 7 million to 5 million), then everyone will see the value of PPHB shine, from 103 million net worth to 200 million net worth.
Be a shareholder, treat yourself as a partner in the business working together with PPHB management to grow the business together. Tell them if they reward shareholders, you will be more than willing to buy into rights issue and warrants purchases to grow the business fully!
Good luck and god bless!
>>>>>
Let me throw you some figures.
Today if you buy pphb for 92 million, you get a clear view of profits of 18 million in 2018 year end.
Then you add growth trigger of 4 million per year from those 160 rooms and retail units and parking fees. You get 22 million.
Then you add the average growth rate of 2 million a year, and 1 million from their other income, you get 25 million.
If you get 25 million profit every year, and they start to do a dividend of 2-3 million to shareholders, you do the math?