Ayam tua. Pmcorp actually made loss for 2013. The profit is due to profit on sale of property. Pls confirm with zu1967 an accountant of regain capital. He he
@tomjohor: yup but .. we never know for sure as many opinions shared in Pmcorp .. again to AyamTua .. i just like the euphoria in Pmcorp - it will make old man and old cocks spirited again! After "demise" of pmcorp fans , i3 forums getting bored ike early 2014 Q1 bursa market wahahhaaaa
guys i am not promoting pmcorp - holding AHB, NTPM and Hexza will reduce me to koyak underwears haaaa hahaa my intention is for us all together again Pmcorp forums.. hahahhahaaaaaa
agree with tomjohor...avenger88, pmc are making loss overall, the 18.6 million are the sales from warehse, without this property, u would see -ve there..
Just read PMC forum, dont know why Lim know company loss money and still expect share price jump. Cash pay out???? I dare not wait, better come here to get more money.
sifu all, actually in cases lik pmcorp, where the earnings are coming from property sales, im not sure if this is good for the stocks itself. another way round, with the property sales, they actually have more cash flow on hand. but on another side, the whole operation are generating loss..that mean bad strategy and no busineess lor..correct ah,all sifu?
Hai to all sifu, wanna seek an advise. I just enter Minetec at 0.215 today.. but price keep on dropping, any idea why? Because today news out that they get project worth 13m, how come the price keep on dropping? Any hope for it to rebound and rise?
tomjohor - thanks for the sharing. It has potential, but at the same time we are betting for it to get more contract. Lol..
skpetro - You are catching a falling knife. Not sure about the news, but if it's just solely based on chart, it can't even hold at SMA20 and SMA50, afraid it might retreat back to 0.18 or lower.
Skpetro.i am not sifu here. Sorry to say that you bought a falling knife stock. You should not enter any stock whereby it is going to the south until there is an indication of reversal trend. Very unlucky. Today the quarterly result was announced the company is a making loss company. Its nta is only 15 sen. Contract of rm13 mil is nothing as the company turnover is exceeding rm100 mil. Based on the current trend the price will keep dropping. May statement is based on chart analysis only. Hopefully i am wrong. You may ask richmond168 or hepitrade as they are very good at charting in this forum. Thanks
Meena. I showed it to my friend. He really doesn't like it. He said time has come unless i have good reason to keep it. I asked him why? He said for uptrend stocks. He like to see price increase volume increse. The problem now volume increase but price down. I told him it is "50 50 position" now furthermore it has secured the contract to turnaround its financial position. He said" so what" and said i know already and everybody knows about it. I kept asking him what is going to happen next? He gave me 2 answers. No 1. It will fall further on monday no 2. That might be a short technical rebound on monday and still he does not like the future. Probably my friend is wrong. Personally i am really confused probably we need to seek others' opinion as i also want to know what others thing about it.
Swingtrader I read from this forum about tadmax yesterday trending: FYI I3investors kaki flag Feb 21, 2014 11:01 AM | Report Abuse
CT, omg u arrr!! OK i got this before the suspension of trading, Tadmax may move higher after printing a new 52-week high. Purchase can be made if it stays above MYR0.55, with a close below MYR0.53 as stop loss. Price target is MYR0.65, if the MYR0.60 resistance is broken. Failure to stay above MYR0.55 could see the stock trade sideways and further support is at MYR0.50.
This is announcement and reason for suspension of tadmax....
The Company had on 20 February 2014 requested for a suspension of the trading of its securities from 2.30 pm to 5.00 pm on Thursday, 20 February 2014 pending a material announcement to be released. Bursa Securities had on 20 February 2014 approved the Company's request for the suspension of the trading of its securities.
This request for suspension is made under paragraph 3.1(b)(iii) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
Bro swingtrader. U are too polite ady le bro. Other than our great sifu mikekong here, u are also one of the great sifu on charting and TA at here lo. I still got a lot of things need to learn from u and sifu mikekong le. Both of u the sifus should continue like now, do more the writing then only we can learn. Both of ur experiences and knowledges are the best granted assets to everyone here. I'm just a half pill in water only, the balance water/ expertise still need to be continuously fill up into a full pill by both of U as well as the other sifus here with the deligence and right guidance lo. :)
Bro skpetro. My view only lo. Honestly speaking, bro swingtrader is right. Frankly to say, it has no support at all at the moment. Is foresee the price will go further downwards. Of course, we could be wrong also. Market is always full of uncertanties, the external factors and enhance catalyst will always change the sentiment, so called the systematic risk. So, the last decision making is still urs. :)
Bro swingtrader and bro menna. May I know why both of u are interested in Tadmax? My view only har. So far, Tadmax was making losses all over the years. The suspension on Thursday was due to the disposal of its subsidiary for RM300+ mil. I didn't study about tadmax before, got no idea how much revenue/profit can be generated by the subsidiary which is going to be dispose. If the subsidiary can generate good profit for the group, then the disposal may not seem a good deal in long run. The group may suffer in the operating as lack of one source of income after the disposal. Unless they are wise enough to reinvest the cash into a better earnings for the future. Personally, I'm more keen about the sale of land in Indonesia. If the deal is on, the price may just shoot. But now this issue seem like so quiet and no further attachment. If based on TA, it has given negative signals after ytd trading. It seem like another downtrend leg is form for this counter. Just my view har, correct me if I'm wrong. Still need improvement. :)
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....
Posted by hepitrade > 2014-01-02 18:04 | Report Abuse
What say you, bro & sis ?