carvin

Back in 2013, I bought Pmcorp around 30 sen convince by Calvin heavy promotion. He confirmed that cash payout was imminent. 3 years later, I have yet recover my capital. Cash payout promise again? For 3 years Calvin spoke about cash payout

2016-04-20 20:11

calvintaneng

Posted by carvin > Apr 20, 2016 08:11 PM | Report Abuse

Back in 2013, I bought Pmcorp around 30 sen convince by Calvin heavy promotion. He confirmed that cash payout was imminent. 3 years later, I have yet recover my capital. Cash payout promise again? For 3 years Calvin spoke about cash payout

Calvin is happy to answer

Cash payout of 8 cents will be anytime from now:

SEE

MULTIPLE PROPOSALS PAN MALAYSIA CORPORATION BERHAD ("PMCB" OR "COMPANY") (I) PAR VALUE REDUCTION; (II) SHARE PREMIUM REDUCTION; (III) CAPITAL DISTRIBUTION; AND (IV) M&A AMENDMENTS. (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

PAN MALAYSIA CORPORATION BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description PAN MALAYSIA CORPORATION BERHAD ("PMCB" OR "COMPANY")

(I) PAR VALUE REDUCTION;
(II) SHARE PREMIUM REDUCTION;
(III) CAPITAL DISTRIBUTION; AND
(IV) M&A AMENDMENTS.

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
(For consistency, all the abbreviations used throughout this announcement shall have the same meanings as defined in the previous announcements in relation to the Proposals, where applicable, unless stated otherwise or defined herein.)

We refer to the Company’s announcements on 27 November 2015, 4 February 2016, 3 March 2016 and 13 April 2016 in relation to the Proposals.

On behalf of the Board, KAF IB wishes to announce that the sealed copy of the court order dated 13 April 2016 confirming the Par Value Reduction, Share Premium Reduction and Capital Distribution (“Order”) has been extracted from the High Court of Malaya today.

An office copy of the Order will be lodged with the Companies Commission of Malaysia prior to the entitlement date of the Capital Distribution, upon which the Par Value Reduction and Share Premium Reduction shall take effect. The entitlement date for the Capital Distribution will be announced in due course.



This announcement is dated 14 April 2016.

One More Thing

Calvin called all to Buy PM CORP On September 20th, 2013 when it was only 15 cents. So better act fast next time

2016-04-20 20:18

syioksyiok

Post removed.Why?

2016-04-20 20:19

AdCool

I think the call for RM6000 per ton is way too high price. To break RM3000 per ton is also a challenge for now.

2016-04-20 23:45

85skytower

Mr.Calvin's recommendation is correct, it is only the timing we need to be aware.

2016-04-21 01:29

james tung

calvin, do you still recall your write-ups & huge recommendations on AT? ugh..

2016-04-21 11:00

calvintaneng

85skytower

Mr.Calvin's recommendation is correct, it is only the timing we need to be aware.
21/04/2016 01:29

You are correct!

Calvin thinks CPO Price will surge to Rm6,000 a tonne by year end 2017/2018.

So it will be a Buy & Hold strategy.

SUSTAIN YOUR PATIENCE GREAT MOVEMENTS TAKE TIME TO DEVELOP.

2016-04-21 20:53

calvintaneng

james tung
calvin, do you still recall your write-ups & huge recommendations on AT? ugh..
21/04/2016 11:00

James Tung who appeared in Regain Capital Choco Passenger Ship?

Welcome! Welcome!

I don't think I got recommend AT system as I don't like it.

If AT refers to AyamTua? Yes! I like AyamTua sincere heart when he was Captain in Tudor Gold PM CORP FORUM 2 years ago!

I refer to AyamTua's personality only. His stock picks I didn't follow.

2016-04-21 20:57