PAG no voting rights. Tomorrow will fly....!!!

Tmrw SONA wa will fly. If u buy now at 4s + 35s conversion=39s. Still get 8s repayment. Fantastic deal!!!

Today palette wa closing high 5s. Another IFCA in the making?

High court of Malaya today approved the capital repayment! ! See announcement 13 April 2016

Mpay roll out of electronic money anytime soon!!

Please note that after the March 3 EGM, PMCORP has not even applied to the court for the par reduction and capital repayment. What happened? The whole shedule of restructuring and capital repayment has gone haywire. If they have applied to the court, why wasn't it announced?
Look at RCE capital. They had applied to the High Court of Malaya for the 7.5s capital repayment IMMEDIATELY after thier EGM. The hearing is scheluded to be heard on April 15th.

Yes. Since SC has approved the QA, it would be a slap in the face if the Shareholders reject it. From doing serious business to become a game of numbers. Seriously they should apply for a waiver or at least change the vote to a simple majority.

The authorities should do something on the SPACs loophole which they didn't foresee when approving SPACs. They are at the mercy Of the shareholders. They should grant a waiver of the 75% Shareholders approval.

If the management can get a cornerstone investor to buy up the shares and maintain above 48s, between now and the next EGM, it will be a win for all. The warrants will naturally catch up until conversion is unprofitable. Then alls well ends well...

if the price of SONA goes up to 48s or higher within the next few days until next EGM, everything will be solved . Dissenters can sell to the market and full capital repayment can be made. Win win for everybody.

This is the fact. The warrants will be CONVERTIBLE upon approval of QA. In the circular, the share buy back of those dissenting voters will reduce the quantum of capital repayment using the RM 80M. Regardless, the warrants will be convertible assuming the QA is approved. So if the mother is 48s after approval, the warrants theoretical price should be 13s. Otherwise the warrants conversion will pull down the capital repayment payout also. BTW, the capital repayment is estimated to happen in Q4 according to the announcement.
So, the REAL value play in SONA is the warrants.

This is the fact. The warrants will be CONVERTIBLE upon approval of QA. In the circular, the share buy back of those dissenting voters will reduce the quantum of capital repayment using the RM 80M. Regardless, the warrants will be convertible assuming the QA is approved. So if the mother is 48s after approval, the warrants theoretical price should be 13s. Otherwise the warrants conversion will pull down the capital repayment payout also. BTW, the capital repayment is estimated to happen in Q4 according to the announcement.
So, the REAL value play in SONA is the warrants.

Warrants closed 5.5s last minute!

Capital repayment , if any , depending on the outcome of the vote, will only be paid inQ4 according to the circular. So the upside for the warrants is tremendous. Now I guess They are counting the votes. After lunch will know... Remember MAS?

Warrants are convertible only after QA is approved. So potentially warrants TP will be 15s if mother shoots up to 50s after EGM approves QA.

Won't be surprised it will be a target of takeover. Deemed too small compared with the giants like GHL, MyEG or Datasonic.

Egm thursday 35s!!

Calvin is correct. Shareholders will be receiving the Circular soon. After the whole excercise PMCorp balance sheet will be clean as a whistle! It will be a gem waiting to be discovered.

Yabadabadoooo!!! Yes. For a 25s counter the payout is huge!! Now investors realize this, it will be chased up soon!!

SUMATEC should move up very soon . Big loan USD 120m pending from financial institution soon...as announced

PMCORP ytd profit 9.1m. NTA 50s. Sure will be rerated upwards very soon...

pmcorp (26.5s) 8s payout is most generous vs 12s dividend from tmakmur (rm1.40). Moreover pmcorp NTA is 50s and last q posted profit of 5m. Solid company trading way below its NTA.

Valentine's Day is just around the corner!!.... Cholocate sales will push pmcorp to new high!,

Very possible

KLCI up more than 100 points in 2 weeks. This counter waiting to EXPLODE!!!!!!!

Tmrw above 20s!!

Very likely to shoot past 20s. The rights most probably set at 20s or above.

Potential limit up counter.

Read latest announcement on RTO excercise by Indonesian co in smart card and chip manufacturer. Something like Aemulus 0181. If RTO successful it will fly.....

....

Tomorrow heavy selling . Better sell before it drops back to 8s. Game over.

Launch one thing but can sell or not??

All of you should forget this counter. Useless and waste of time. The are dozens of good companies to invest out there!

Haha... All kena tipu!!

sanichi boss now concentrate on DGB first la..... GST Play...

Watch how PMCORP performs. Tmrw. PMCORP will follow suit....

Privatization price to be above 50s

Told u guys to sell 2 days ago. Last week up 15.5s it will go back down to 22s!! Tomorrow T4 and everyday is T4!! Last chance to runnnnnnnn!!!,.....

If you still have profit...SELL!! Or cut loss!!

Pls be INFORMED... PMCORP last week rose 15.5s from 21s. It can easily drop back 15s!!

If all assets in MUI were to be fully revalued, NTA will shoot from 26s to easily over RM1.00. Don't forget PAR value is also RM1.00 compared to PMCORP 40s.

The Star here is PMCORP, not MUI or MUIPROP at this moment....

PMCORP according to its latest annual report has close to RM138m CASH. After disposal of PMHLDG it should have about RM148M. If sell core biz (chocolate factory), RM ??? CASH. Bonus 2015= CAPITAL REPAYMENT !! Yahoo!!!

FLoods, rising costs of living..... Will the govt POSTPONE GST??.... What will happen to all GST counters?? LIMIT DOWN!!

Star biz yesterday

PARKSON BUYSLANDIN MELAKA FO RM97M.... Building a mega mall there. So the next property boom will be in MELAKA after ISKANDAR!! SANICHIs first property project will reap in millions in profits in 2015. Project will be launched 1st Q 2015.

Does Sanichi have the expertise in property development? Perhaps they shd hire some experts like Voon from SP SETIA after he leaves on Jan 1st 2015, or tie up with ECOWORLD or SPSETIA.

So will MUI sell PMCORP away to Cadbury or Hershey's?

Is pmhldg really worth 12s?

I think it's more than meets the eye. Will DR YU inject his private business into PM Hldg?