I suspect the price will retrace back to the level prior to the day the company annouced that there will be capital repayment. The modus operandi is quite the same. First, verbally tell u but nothing concrete on paper. Let the market play up the share. Then change personality in the company. Then postpone the announcement to another date. Let the market keeps on guessing.
No free lunch one la

You didnt get my point. Didn't i say dangerous political manuoerving with the company?
Yes. Dr Neoh Soon Kean of Dynaquest, a great expert in investment. written a highly successful book titled "stock market investment" in 1986. a book that i have his autograph. Anyway, how u decide that Dr Neoh is 3 times wiser than Mr Tan?

Very inspiring story. But I wonder what u going to be if kps went under and bankrupt. Do u know there were dangerous political maneouvring with the company at that time. It was either make or break. U r lucky pal

Aiya calvin san, sms him or call him la. sure he will share with you. After all, you still need to fix date, time and venue for the chit chat session in S'pore.

Piah is also old story. If signing tak jadi, habis.

Did you ask him why "resigned"? Which company he goes?
Share with all of us la. I know you know

Good. Can share how many years u intend to stay invested with the company?
By the way, "as long as PMC is managed professional" is a very serious words. Can they? Can they explain why cfo "resigned" at the last minute? Cfo is someone deal with financial, another word is money, true? Cfo is professional position and the person has a license governed under a professional body. Once u lost your professional license due to integrity issue, there goes his or her livelihood. On the other hand, directorship is not a professional position.

Tsurukame,
i like the way u articulate your thought. You already have the answer and your last sentence is so well stated.

Ini macam meh. Skit sikit minta org pergi neraka. Debat civilly la

Warren Buffet monopoly the market la. That's why he did what he did. Can PMC do that? Maybe, but naa, PMC will sell the business to Warren when catches his attention. Then, another cash in hand for cash payout.
Perhaps, this is a new trend to make money for small investors.

so you are for short term or long term? I don't get you honestly.

ok. now, chocolates business is not great business, but ok. honestly, I have not study the numbers in this industry and their business model. Anyway, investing in a company, not only look at their business model alone. Have to look round what kind of people at the side, back and front. Also, must give some thought why certain things happened when it shouldn't especially at critical time. Case in point, Ho chai case.
On your question if IOI Lee is the owner of PMC, there is a better chance the business will prosper for long term. Nothing is guarantee, though. But if the business prospers, he will make sure it stays that way. Not to sell and then cash payout.

Unlimited opportunities? Don't cement business back then is good business? Once you distrust on how the person do business, it is very difficult to restore. The same person still own the company, don't he?

Yes. I am long term investor but not on this stupid company. Yes, I like IOI. I have hold since 2002. You just have to admire how Lee do business. Why I talk to you because I believe u want to understand more of PMC. No long term with this company, pls. Play play contra contra ok la. just for fun. who don't.

tsurukame,
by the way, in case you don't know. many years back then before i3forum sudah ada, there was this stock.com forum. Same song was sang and praising high and low when the company proposed cash payout. What happen after all these years until now? isn't it suppose the son helps papa thingy should have settled things. The price come to this 0.24 level is not for no reason.

tsurukame,
No la. I am not here because I see potential. die lo if need here to confirm my "i see potential". I am here to see what the retails are talking. Then I report to Uncle. u believe?

tsurukame,
Yeah, so let the son help papa whenever papa call for cash cow son. At the same time, those invest in the son will get crumbs from the cash payout. Everyone happy. I like your perspective, dude.

Tan Sri la, dude

Business model, mission statement are all in their annual report, dude. Wonderfully spelt out.

For contra player, no need to care so much on this. Have fun and play along.

For long term investor, you should ask this questions:-
1) Why the owner of the company don't care much of their share price which has been depressed for so long? Go ask IOI Lee. Lee will be mad hopping even if his IOI Corp's price drop 50cents. He take pride and ego for his company share price.

2) If Uncle Khoo really holding 80% of company share, don't he wantvthe price to be higher like 2.40 instead of miserable 0.24? No need go far. If you are the owner of the company, and u have chain of hotels and assets, u certain want to use to the max advantage to help the share price.

3) Why penchant for cash payout when can use it to make the balance sheet better and thus support the share price higher?

Already breached 0.24, quickly buy.
If it come down to 0.20, quickly buy also. it is cheap sales

Quickly call Uncle

hah... enjoy the story as it goes along

EGM. What a joke. From sacking to resignation. Initially want to sack them because the directors don't want to budge. Now, the two directors agreed to resign! why all the trouble.

i like the sense of humor by AyamTua.

the issue is not about who to cover who. the issue is why "resigned" ? is it because of integrity issue that ho chai not prepared to compromise?

did he do that - sell the hotel? ofcourse no, right. why didnt he do that to clean up the massive debt?
with a flip of a finger, he can move the share price whichever way he wants? u want to out beat him, think again. how many millions you have to play with him? i use the word "you" doesn't mean you but refer to on-the-street players.

wah... 1-2 years ? so long? i thought is 3 to 6 months it will explode. anyway, good luck, pal.

tsurukame, Uncle khoo once said "nothing is crown jewel to him as long as the price is right!". he even contemplating to sell the crown of the crown jewel his chorus hotel. is shareholders' opinion important to him. never.

i see. then u must be young adult and invest in market not long ago.

tsurukame, r u already in the market back in 1999?

I hope so. What would be your position if another scandal is uncover?

Dont worry la. If the company is so good, it wont goyang one. My message is only targeting those investor especially the young players whom have no clue about the company. Let them have both side of the story.

you could also share what are the good points you have about the company. i believed if you have facts, many would like to know. i also want to know. dont just say good, good, good because it is good, good, good. healthy discussion is good for everyone, pal.

that was the most stupid decision. and the worst is they dont have plan what to do with the cash. How stupid. but later i knew why no plan la. i was too native to see thru the hole. anyway i did learned something from him

i like the company. good company for investors.

do you know PMC used to call pan malaysia cement before they changed name to current form?

i want it down. to send as a message to other company's director not to take investor's trust for granted.

You mean Uncle Khoo has also re-born together with the company?

the details not important la, dude. i said earlier, i told off the MD last time during agm years ago when they sold their crown jewel business for cash and hoard the cash and doing nothing. then money gone. a company that has history of siphoning money will carry the same gene wherever they go. this is a stupid company. No long term. play play maybe still ok la

you expect them to say the directors are dishonest and thus warrant a sacking? gesture of goodwill? my foot.

i dont know. Have u ask yourself why?

that was long time ago, dude. good stock will climb eventually la

They are out of favour to secure any ad contract with KL Monorial and LRT. It is only one time wonder in 2012

this is another stupid company. the management is not investor friendly at all.

i like your story. unfortunately it is not the case. he still have a family to feed and young kids to raise.

just becareful if you plan for long term.

aiyoh.. if the company is so good until want to pay cash to everyone, who want to leave. If everyone also think this cash payout is such a good thing, surely a person with key position like his will also want to enjoy the benefit right.

it is not an opinion, pal. resignation and sack are two very important choice of words especially during public relation exercise

many of the key staffs are demoralised and witch hunt already begun within the company. Want more?

ofcourse he will! he ia a bitter man. after being shown the door! do u know why they are so penchant for cash pay out?