Who is i3lurker? I have not even realised his presence all these years. Suddenly, he became so ... :-) Never mind.

Sadly, now you will not be able to review the first 93 pages of PMCorp thread, for various reasons. Never mind.

Sadly, now you will not be able to review the first 93 pages of PMCorp thread, for various reasons. Never mind.

How to understand the above thread unless you review the facts? It was interesting reviewing what was posted 10 years ago. Good lessons for many investors.

10 anniversary of calvintaneng in i3. Congratulations. It was interesting to review your posts on PM Corp of 2013. Afterall, that was what you wished to highlight in the headline.

https://klse.i3investor.com/web/forum/forum-thread/608694619

>>>
Posted by anbz > 2013-10-19 17:35 | Report Abuse

buy little to dump zillion...as if tigers are waiting to hop onto u..hehe...face value is what has been announced...intrinsic value...might be only be a claim( apa lagi if it has made hundred million of losses...macam cerita MAS pulak/yet value is claimed to be astonishing? hmmm?...whatever it is ..the face and real value of PW are already there to be looked and checked...and gosh..it is still higher than the so-called 'actual' value of PM......
---
by the way...there're only 60m shares of PW...outstanding
and there're ...around 800m of PM shares....fuh banyak gila for not so ...interesting stock...
---
choose which has more prospect......u want PMcorp to achieved TP RM 1.50?...think again...before it even reach 40 cents....they will pressure u to hell bottom
---
and about calvin stating about a land owned by PM..at RM 35 sekaki...betul ke?
...kalau betul pun....PW has land that has value around RM 35...yet not sekaki...suku kaki pun ada..hehe
>>>

>>>
Posted by mikekong55 > 2013-10-19 16:39 | Report Abuse

calvin, are you the TAN ENG YEE stated as the top 30 shareholders of PMCORP? out of curiosity just for the asking only.>>>

>>>
Posted by anbz > 2013-10-19 16:25 | Report Abuse

EPS (Cents) comparison> between PW and PMcorp?...(2 part of discussion)

2001 PW consolidated bhd made EPS 20.11(Cents)....2001 PMcorp made .....EPS 4.85(Cents)
2002 PW consolidated bhd made EPS 18.20(Cents)....2002 PMcorp made NEGATIVE 46.22 !!!
2003 PW consolidated bhd made EPS 13.17(Cents)....2003 PMcorp made NEGATIVE 0.75
2004 PW consolidated bhd made EPS 1.820(Cents)....2004 PMcorp made NEGATIVE 140.39 !!!
2005 PW consolidated bhd made EPS 10.07(Cents)....2005 PMcorp made NEGATIVE 1.16
2006 PW consolidated bhd made EPS 6.880(Cents)....2006 PMcorp made NEGATIVE 9.54 !!!
2007 PW consolidated bhd made EPS 8.600(Cents)....2007 PMcorp made .....EPS 3.41(Cents)
2008 PW consolidated bhd made EPS 1.670(Cents)....2008 PMcorp made NEGATIVE 5.54
2009 PW consolidated bhd made EPS 0.180(Cents)....2009 PMcorp made NEGATIVE 0.17
2010 PW consolidated bhd made EPS 0.270(Cents)....2010 PMcorp made NEGATIVE 0.63
2011 PW consolidated bhd made EPS 7.810(Cents)....2011 PMcorp made .....EPS 0.39(Cents)
2012 PW consolidated bhd made EPS 0.320(Cents)....2012 PMcorp made .....EPS 1.13(Cents)

previous 4 quarters cummulatively
PW consolidated bhd made EPS 8.14(Cents)

previous 4 quarters cummulatively
PMcorp made EPS 1.01(Cents)

LATEST 4 QUARTERS...which is higher ? 8.14 cents or 1.01 cents? this make me confused because u..mr calvin..saying that PM is better???

from 2001 till now 2013...PW always make money...while PM only make money in 2001, 2007 , 2011 and 2012...hehehe

takpa bagi chance sama PM..kita rujuk itu 4 tahun...2001, 2007 , 2011 and 2012..let see

2001 ..which is bigger between 20.11(Cents) and 4.85(Cents)??? tell me ..then how many time?
2007 ..which is bigger between 8.600(Cents) and 3.41(Cents)??? tell me ..then how many time?
2011 ..which is bigger between 7.810(Cents) and 0.39(Cents)??? tell me ..then how many time?

semua jawapan di atas PW menang besar ke atas PM ...macam Man City belasah MU 6-1...
tapi ini bukan 6-1 ...ini 11-1 !!!

mana gol sagu hati 1 tu dapat?
2012 PW 0.32 is less than PM 1.13 ..mau tanya how many time lagi... tapi 2012 dua-dua profit pun ciput..tak payah tanya...hehe

in 2002 PM lost 46.22 cents !!! per share and in 2004 PM also lost 140.39 cents !!!

do we call this ..a business or stealing???

http://klse.i3investor.com/servlets/stk/fin/7134.jsp
http://klse.i3investor.com/servlets/stk/fin/4081.jsp
---
proven PW is the superior ...no such thing that it is overvalued by market and that PMcorp is undervalued? are u kidding me....? wait for other revelation...that's why u calvin said in your posting before:
1.I almost couldn't sleep thinking of PW Consolidated last night.
2.Thank God I don't have any PW Consolidated shares.
3.I only have THE ROCK SOLID Shares of PM CORP. So I Slept Soundly zzzzzz.
---
your statement no 1 is contradicts again statement no.2 + no.3
---
so no. 2 and no.3 are false..while no.1 is true...
---
now everyone knows why u cannot sleep...because u found your superior match...not in his language or english or vast knowledge...his honesty and records of the company and it can be checked...hehe...the score is actually more than 11-1 ...i presume
>>>

Simple and straightforward thinking.

>>>
Posted by inwest88 > 2013-10-19 15:42 | Report Abuse

calvin, I have read through all your postings and allow me to drop some comments for the first time.

1) you seem to be a very learned person with vast knowledge in the property sector as well as in reading financial statements
2) you have a very good command of the English language and the words and phrases you use can be easily understood
3) your points are full of logic and at times convincing

On the other hand, in my opinion
a) you have over-played the benefits of the Tudor brand of chocolates which may irritate some people
b) the way you write all the good things about PM Corp may lead to some people having questions about your motive
c) I am not sure how '"good" or "bad" is the company buy I trust kcchongnz's views on this stock

In fact, I am considering to put in RM11,000 (50 lots at 22 sen) and keep, let's say, for a year. In the worst scenario I am prepared to lose
80% of the investment. However if what you say all along is true, the 11K can turn to 30K, 40K or even 50K.
>>>

>>>
Posted by kcchongnz > 2013-10-22 06:42 | Report Abuse

Is a target price of RM1.50 realistic?

Posted by aunloke > Oct 21, 2013 08:49 PM | Report Abuse
No wonder you sing so high for pmcorp but let's be realistic if we assume 20% growth for pmcorp food business and after 10 years what would be the earning ? We should then roughly know or estimate its share price, mind you that for the last 10 years its food business was not impressive. However it does not mean that pmcorp has no value , at this price it can easily improve and I'm banging on that to make some money.

Lets take aunloke's assumptions and work out if the target price is achievable.

PMCorp made 8m last financial year. The net income will be about 50m in 10 years time with that 20% growth in NI assumption. with a total number of shares of 773m, EPS would be 6.4 sen. Giving a PE ratio of 10, the fair price is 64 sen. If the market wants to give a PE of 20 because it is such a high growth company, then the fair price is RM1.28. Don't forget PMCorp has a lot of excess cash in properties, cash and investments. If that can amount to 22 sen per share, then RM1.50 is achievable, isn't it?

But don't forget that an assumption of 20% growth rate for 10 years is a very liberal assumption. Business cycles, competitions etc can derail that optimism.>>>

>>>
Posted by calvintaneng > 2013-10-21 23:02 | Report Abuse

member41 The other 2 shareholders with surname Tan in the Top 30 are not related to me. All my other Johor Investors have 500,000 to 700,000 shares each. Some have only 200,000 to 400,000 shares. Since almost 6 years have passed there is now a core group who are long term investors.

Our Target Price is RM1.50. Some say they will be happy to see 50 cts. While some are told to keep as long as 10 to 20 years as gifts to children & grand children.
>>>

>>>
Posted by calvintaneng > 2013-10-21 20:31 | Report Abuse

I also have 10 lots of Fountain View which went bankrupt which reminds me of my folly for not checking it out carefully. My cost was 38 cents after it crashed from over RM5.00

That is my only failure so far. And I don't wish to see another one in my life

>>>

>>>
Posted by calvintaneng > 2013-10-21 20:26 | Report Abuse

9696_88 I have UMW which I bought for 9 years. I also have MUI Berhad. I have some MP Corp but decided to switch them to PM Corp.

MP Corp is the only laggard in Iskandar.

All Others I have sold into strength and transfered to PM Corp. They are Daibochi, Apollo Food, Hektar Reit, Alaqar Reit, Pintaras, Ajinomoto, Yee Lee, Naim, KSL, Daiman Kimlun, Crescendo, Tiong Nam Logistic. All Sold & Many Many All Sold

>>>>

>>>
Posted by calvintaneng > 2013-10-21 20:17 | Report Abuse

Once I asked the OSK Top Boss about his stock portfolio. He has 3 counters. 1) Guinness 2) PIE & 3) Alaqar Reit.

They are very defensive and give good dividend. Now I don't personally endorse Guinness. He once thought of using his EPF to buy PM Corp at 13 cents.
>>>

Posted by calvintaneng > 2013-10-21 17:50 | Report Abuse

Never mind anbz - PM Corp will move up all the WAY! First Target to cross 30 cents, next target 50 cents, next 80 cents, after that RM1.00. And then RM1.50 Is The Target Price!

Over A Long Term - The Target Price will be RM10.00

See DKSH at 32 cents in 2009. Now RM6.50' The DKSH People are now setting their sight at RM10.00. 32 cts to RM10.00? Not what Calvin say. DKSH people say. Check it out

>>>
osted by calvintaneng > 2013-10-18 11:50 | Report Abuse

sorry iafx I know how to buy low. Petronas at RM4.80. Sold at RM6.30. Wish I had kept Petronas like TTB. Same for Daibochi bought at 60 cts. Sold before RM1.00 my regrets for not holding long term. I learnt from painful lessons
>>>

>>>
osted by calvintaneng > 2013-10-15 19:44 | Report Abuse

Dear Friend, If you are a long term Investor PM Corp is a Great Buy at 21.5 cts. Its CASH position is almost 20 cts. Another 2 counters which are Good Bargains are MUI Berhad & MUI Properties.
>>>

>>>
Posted by calvintaneng > 2013-10-11 00:17 | Report Abuse

Please Check the fact carefully, I did say PM Corp Target Price is RM1.50. Long Term Target Price is RM10.00. I never say it will be RM68.00. I said it has the potential like Nestle and Dutch Lady Milk.

Please check out the statements from all the records in the whole forum

"But I say unto you, "That every idle word that men shall speak. they shall give account.thereof in the day of judgment (Matthew 12:36)
>>>>

>>>
Posted by calvintaneng > 2013-10-10 19:27 | Report Abuse

member41, Sorry it was 6 years and not 7 years as stated. The price we first entered (johor Investors) was 25 cts. in last 6 years PM corp's highest price was 29 cts & the lowest was 7.5 cts.

When we first bought at 25 cts prices rebounded to 29 cts. I am not sure if anyone of us sold at 29 cts. We saw PM Corp exercising share buy back from 47 cts to 20 cts & we also noticed ASB selling. ASB has about 15% Share allotment to Bumi Company at 50 cts and above.

The buying and selling became more intense as the years go by. Later PNB took over ASB portion. but the sell down continued unabated all the way to 10 cts. The ferocity of selling put panic in others and caused share price to go even lower to 7.5 cts (all time low).

No one dare to buy at this time of THE GREAT BARGAIN OF THE CENTURY - RM13.00 crashed to a low of 7.5 cts. Like catching falling knives! I managed to pick up 30 lots at 7.5 cts but since this is a time of great panic and uncertainty at T4 I sold it at 8 cts. Our cost is 25 cts to 13 cts.

Some of my Johor buddies picked up a few shares at 8 cts. And one veteran from KN Kenanga Pelangi and another retired teacher picked up PM Corp shares at 9 nine cents. Yesterday I paid a visit to KN Kenanga. Earlier this year he sold some at 18 & 18.5 cts.

I said "You have made good money" at 9 cts entry. He said that he didn't make so much because he bought on margin - and paying 2 years' interest rate. I wish him well - apart from PM Corp he also own many other shares.

9 cents to 10 cts were the locked in range for a long time. Every time when price rebounded above 10 cts PNB came out with huge volume selling and forced it back below 10 cts.
I spoke to Mr. Ho, "PNB selling down PM Corp spoils everything." He replied, "EXACTLY!"

When MUI BERHAD bought over the remaining 4% of PNB at 12 -13 cts - it created great confidence in us JB Investors. Johoreans have bought all the way from 13 cts to 18 cts.

Like human nature everywhere the same not all Johoreans are long term players. Some are short term but I think among us are some who holds a long term view.
>>>

>>>
Posted by calvintaneng > 2013-10-10 18:06 | Report Abuse

Of Course As Long Term Value Investors We don't want An Immediate Short term gain.
What we want is a recession proof business that can grow year after year

>>>

>>>
Posted by newbiestockreturns > 2013-10-10 16:10 | Report Abuse

Posted by KC Loh > Oct 2, 2013 02:15 PM | Report Abuse

PMCORP is as good as NESTLE. i think calvin is right.


well like i said conmen are the same... cant imagine people comparing nestle and pmcorp....??? what a joke...


newbiestockreturns

148 posts

Posted by newbiestockreturns > 2013-10-10 16:12 | Report Abuse

come on friends.. malaycians are supposed to be smart right??? can u let someone compare PMCROP and NESTLE and be silent?? am i the only one making noise here..


calvintaneng

51,219 posts

Posted by calvintaneng > 2013-10-10 16:15 | Report Abuse

The lips of wisdom are closed, except to the ears of understanding -The Kybalion

The lips of the wise disperse knowledge, but the heart of the foolish doeth not...
>>>

>>>
Posted by Fortunebull > 2013-10-10 15:32 | Report Abuse

Funny! Everybody loves conmen!
>>>

>>>
Posted by Fabien Wong > 2013-10-10 15:29 | Report Abuse

Pls dont compare PMCORP with Nestle. In a same way, it feels like comparing U.S. with Myanmar.
>>>

>>>
Posted by calvintaneng > 2013-10-10 15:06 | Report Abuse

Same for those Nestle shareholders. In 1998 Nestle was RM11.70 giving a decent dividend yield of 9% Now Nestle is RM68.00 giving a dividend yield of only 3.5%

Looking at Nestle makes me feel so good for having found PM Corp
>>>

Fear kept him out of a good stock.
Greed led him into a not so good stock.
Weak investing philosophy.

>>>
Posted by izoklse > 2013-10-09 22:37 | Report Abuse

thanks to calvin. now im re-strategies all my investment in KLSE and now focus my eye on MUIIND,MUIPRO,PMCORP,PMIND,PMHLD . I already attack all PM related counter and keep it for mid / long term. Next move is MUI related counter. Hope it is not too late before it reach above 0.2.
>>>

The best is to invest into your own education on investing.

>>>
Posted by kcchongnz > 2013-10-09 18:28 | Report Abuse

calvin, I also have looked into its business, and most of all its assets and liabilities. For me PM Corp is a great investment. Quality assets and business not that great lah but most important not burning cash. Of course you know much more than anybody here about PMCorp. You may be right also about its great business. I kind of believe in you from your postings. No talking nonsense, not so sure of that 100 baggers, not even that 10 baggers. But I hope you are right because I invested in it too.

mlg123's concern is a genuine concern to me which I don't know how confident you are on kkp. For me, I thought kkp has never have minority shareholders' interest in mind. If that is through, no matter how good a company is, it is not a good investment no matter how cheap is it.
>>>

>>>
Posted by calvintaneng > 2013-10-09 17:59 | Report Abuse

We also did our calculations whether PM CORP will go into PN 17 Status. After 4 years of very careful research. Visits to NFI Factory in Selangor, Iskandar & viewing MUI'S Hotel & Visiting METROJAYA IN MID VALLEY MEGAMALL & 2 Metrojaya in Johor.

Attending 4 YEARS OF AGM. ASKING COUNTLESS THOUSANDS OF QUESTIONS

Looking into all the ASSETS & the liabilities We Have COME TO A FIRM CONCLUSION.

PM CORP IS THE BARGAIN OF THE CENTURY! A 10 BAGGER OR A 100 BAGGERS!

FOLLOWED BY MUI PROPERTIES AND MUI BERHAD.

THEY ARE THE BEST OF THE VERY BEST BUYS IN KLSE

>>>

A bit hypomanic.

>>>
Posted by mlg123 > 2013-10-09 16:32 | Report Abuse

my comment.,

khoo kay peng had a history of making his shareholders poor.
he does not have any good records for all his listed companies in KLSE but personally he is still very rich.
To me, the moral of the owner of a company is a very important factor.

>>>

Always assess the:
Quality of the business
Management

and then,

Valuation (only if the above 2 criteria are met.

>>>
Posted by 1Superman > 2013-10-09 11:39 | Report Abuse

calvin, hope one day PMcorp can pass to my grandson when become next Nestle
>>>

?

>>>
Posted by calvintaneng > 2013-10-09 00:45 | Report Abuse

6) Up from 13 Cts to 22.5 Cts. Up A LOT ALREADY? Danger Signal Flashing! Be careful? Better chow now! Mr. Market did not KNOW HISTORY. PM CORP CAME DOWN FROM RM13.00.

YES! THIRTEEN RINGGIT. MEANS TIGA BELAS RINGGIT! Understand? Mr. Market.

What Is 22.5 Cts to RM13.00. Can you calculate. Can you compare?
>>>

>>>
Posted by Noob Listener > 2013-10-08 21:46 | Report Abuse

what is Calvin up to? notice he is promoting PM everywhere
>>>

>>>
Posted by Fabien Wong > 2013-10-07 16:36 | Report Abuse

PMCorp Operating cash flow is always in the negative even though it reported net profit.
No revenue growth
The positive cash flow is from divestment
Marketing expenses is consistently 20% of revenue for an established brand and no new products.

On the positive side, a lot of turnaround opportunities.
>>>

O!!

>>>
Posted by dfsbipohsch > 2013-10-03 17:38 | Report Abuse

I just got 100 lots at 0.22 can CT adv what the TP
>>>

>>>
Posted by Fabien Wong > 2013-10-03 14:45 | Report Abuse

2012
PBT 1.17m
CFO -5.3m
NetCFO -5.2m
Proceed from sales of investments 7.1m

2013
PBT 0.8m
CFO -1.0m
Net CFO -1.1m
Proceed from sales o investments 5.4m

The company's operations are not profitable and burning up cash at the rate of > 1 m or more per year.

It is presently kept afloat by proceeds raised from disposal of investments.

>>>>

Ooops! Wrong to post likewise!

>>
Posted by CityTrader > 2013-10-03 13:24 | Report Abuse

Calvin, i never read yor long stories but i think with yr good promoting which can b seen in almost all threads, i bot this morning as i m a trader to look for short term profits. Tq.
>>>

@23 sen

>>>
Posted by CityTrader > 2013-10-03 13:24 | Report Abuse

Calvin, i never read yor long stories but i think with yr good promoting which can b seen in almost all threads, i bot this morning as i m a trader to look for short term profits. Tq.

>>>

@23 sen

>>>
Posted by calvintaneng > 2013-10-03 13:00 | Report Abuse

avenger88 if I tell you now Mr. Market will think I am mad or crazy. But just think very long term. Think of Dutch Lady Milk & Nestle shares in early days, No Shareholder ever dream of Dutch Lady Milk at over RM40.00 & Nestle at over RM60 then.

I had told some Johor Friends To Give PM Corp shares to their children. Say a 7 year old. By the time they turn into adults in 15 to 20 years time will PM Corp be transformed into another Dutch Lady or Nestle?

PM Corp may have morphed into another name by then. What's the name? I don't know. Maybe NETWORK FOOD INDUSTRIES(NFI)? Only Management can decide.
>>>

No risk investment!

>>>
Posted by calvintaneng > 2013-10-03 13:00 | Report Abuse

avenger88 if I tell you now Mr. Market will think I am mad or crazy. But just think very long term. Think of Dutch Lady Milk & Nestle shares in early days, No Shareholder ever dream of Dutch Lady Milk at over RM40.00 & Nestle at over RM60 then.

I had told some Johor Friends To Give PM Corp shares to their children. Say a 7 year old. By the time they turn into adults in 15 to 20 years time will PM Corp be transformed into another Dutch Lady or Nestle?

PM Corp may have morphed into another name by then. What's the name? I don't know. Maybe NETWORK FOOD INDUSTRIES(NFI)? Only Management can decide.
>>>

No risk investment!

>>>
Posted by wcs0201 > 2013-10-03 12:12 | Report Abuse

PMCORP will privatise at 30sen by Dato Khoo

RUMOURS !!!
>>>

>>>
Posted by yennie > 2013-10-03 11:42 | Report Abuse

pmcorp break out 5 year high of .20 . can it go back to 40sens?

>>>

>>>
Posted by member41 > 2013-10-03 11:33 | Report Abuse
PMCORP

Wow first time see it touch 20... more to come?
>>>

>>>
Posted by member41 > 2013-10-03 11:33 | Report Abuse

Wow first time see it touch 20... more to come?
>>>

>>>
Posted by calvintaneng > 2013-10-02 16:23 | Report Abuse

Mr. Ong Teck Peow is long time shareholder of PM Corp. He attends every AGM & guarding the Cash Hoard of the Company. His cost of purchase in PM Corp is RM1.80 & above. I had to comfort him that PM Corp intrinsic value is RM1.30
>>>

>>>
Posted by calvintaneng > 2013-09-29 22:31 | Report Abuse


Listen to the Words of Wisdom, "STRONG MEN RETAIN RICHES"

Our Target Price For PM Corp Still Stand At RM1.50. Very Long Term: RM10.00!

>>>

>>>
Posted by calvintaneng > 2013-09-29 22:31 | Report Abuse


Listen to the Words of Wisdom, "STRONG MEN RETAIN RICHES"

Our Target Price For PM Corp Still Stand At RM1.50. Very Long Term: RM10.00!

>>>

>>>
Posted by izoklse > 2013-09-27 10:21 | Report Abuse

the price of PMCORP is going up from day to day. it started to go into my radar. Need to observe this one.
>>>

Without fail, liking a stock because its price has moved up.

>>>
Posted by izoklse > 2013-09-27 10:21 | Report Abuse

the price of PMCORP is going up from day to day. it started to go into my radar. Need to observe this one.
>>>

Without fail, liking a stock because its price has moved up.

>>>
Posted by calvintaneng > 2013-09-26 08:06 | Report Abuse

A Very Good Morning To All At PM Corp Forum,

Dear beginer, if a you have a long term view better switch to pm corp. The Lion Group has many counters. Most like the MUI Group did badly. Some like Amsteel even went bankrupt.

But there was one counter called AMALGAMATED CONTAINERS which was renamed PARKSON. Parkson shot up like a rocket from RM1.20 to almost RM10.00!

Yesterday we spoke to Ms Lai Fah, Assist Manager of NETWORK FOOD Factory. She said the Company is Very Strong. When I told her to tell Tan Sri Datuk Khoo to change name from PM Corp to NETWORK FOOD INDUSTRIES (NFI) She said that Tan Sri could be sentimental with the name Pan Malaysia Corp.

Our target price for PMC is RM1.00 Long term (10 to 30 years) target is RM10.00. Sound crazy?
Why not? Nestle is over RM60 & Dutch Lady Milk went up from RM4.00 to over RM40.00.

I watched them for over a decade. The next decade belongs to NETWORK FOOD INDUSTRIES.This is an undiscovered gem. An exciting work now in progress.

Owners of Berkshire Hathaway own shares for decades. Why not PMC or NFI?
>>>

Same modus operandi being repeated again and again.

>>>
Posted by calvintaneng > 2013-09-26 08:06 | Report Abuse

A Very Good Morning To All At PM Corp Forum,

Dear beginer, if a you have a long term view better switch to pm corp. The Lion Group has many counters. Most like the MUI Group did badly. Some like Amsteel even went bankrupt.

But there was one counter called AMALGAMATED CONTAINERS which was renamed PARKSON. Parkson shot up like a rocket from RM1.20 to almost RM10.00!

Yesterday we spoke to Ms Lai Fah, Assist Manager of NETWORK FOOD Factory. She said the Company is Very Strong. When I told her to tell Tan Sri Datuk Khoo to change name from PM Corp to NETWORK FOOD INDUSTRIES (NFI) She said that Tan Sri could be sentimental with the name Pan Malaysia Corp.

Our target price for PMC is RM1.00 Long term (10 to 30 years) target is RM10.00. Sound crazy?
Why not? Nestle is over RM60 & Dutch Lady Milk went up from RM4.00 to over RM40.00.

I watched them for over a decade. The next decade belongs to NETWORK FOOD INDUSTRIES.This is an undiscovered gem. An exciting work now in progress.

Owners of Berkshire Hathaway own shares for decades. Why not PMC or NFI?
>>>

Same modus operandi being repeated again and again.

>>>
Posted by calvintaneng > 2013-09-26 08:06 | Report Abuse

A Very Good Morning To All At PM Corp Forum,

Dear beginer, if a you have a long term view better switch to pm corp. The Lion Group has many counters. Most like the MUI Group did badly. Some like Amsteel even went bankrupt.

But there was one counter called AMALGAMATED CONTAINERS which was renamed PARKSON. Parkson shot up like a rocket from RM1.20 to almost RM10.00!

Yesterday we spoke to Ms Lai Fah, Assist Manager of NETWORK FOOD Factory. She said the Company is Very Strong. When I told her to tell Tan Sri Datuk Khoo to change name from PM Corp to NETWORK FOOD INDUSTRIES (NFI) She said that Tan Sri could be sentimental with the name Pan Malaysia Corp.

Our target price for PMC is RM1.00 Long term (10 to 30 years) target is RM10.00. Sound crazy?
Why not? Nestle is over RM60 & Dutch Lady Milk went up from RM4.00 to over RM40.00.

I watched them for over a decade. The next decade belongs to NETWORK FOOD INDUSTRIES.This is an undiscovered gem. An exciting work now in progress.

Owners of Berkshire Hathaway own shares for decades. Why not PMC or NFI?
>>>

Same modus operandi being repeated again and again.