KLSE (MYR): PPHB (8273)
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Last Price
0.79
Today's Change
-0.01 (1.25%)
Day's Change
0.785 - 0.80
Trading Volume
161,500
4 people like this.
2,776 comment(s). Last comment by TheContrarian 4 days ago
(S = Qr) Philip
4,800 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?