Smalltimer. I saw swingtrader made a post to u. He said shooting star has been established for narra. Better careful.

Bro swing. Buat apa la kerja marketing. Main saham pun thousands a day dia sapu.

Bro mikekong. 200k units @44 and 44.5 only.kiki

Psd57. I have balls. Kikikikiki

Sorry. 44.5

0.45 now. Just sapu.

I am buying daya also. Ki kikikikiku

Welcome. Humbled. Great to see u. Ki kiki

Right bro swing. Humbled should join us. We can make a lot of money. Bro swing. I got only few hundreds on extol but mqtech profit of rm2k roughly.kikikikiki.

Bro swing. Its accounts are not so good. Internal control system is not good also. Swing. Do u have any counter to trade tomorrow. Ki ki ki

Sold already. Ki ki ki just like u bro. Need to be fast

Humbled. No problem as long u make money. He he

Hepitrade. Yes ready bro. Today i will trade salcon, extol and Hexza. Kikikikiki

Richmond168. How many counters u want to play tomorrow.? Kikikiki

If ok. I want to follow. Kikiki

Bro mikekong. Swingtrader is after extol tomorrow, high risk game. What is yr opinion?

Bro mike. I sold already pmcorp. Now holding 0. Got rm2500 profit for 3 days holding.

Bro mikekong at pmcorp forum

Bro mike. We are looking for u

Now holding mqtech only 210k units.

Thhe. Twice entered last week. Already sold.

So.bro Hepitrade. What to trade tomorrow? Since mike is not here. Why dont u make a call. Kikiki

Click this website from time to time. Just to check whether mikekong make a posting or not. Where is he actually?

Richmond168. Can momitor 24 hrs No problem. What is TP

Richmond168. Ok i try little little star. Kikijijini

He never went missing for 2 days!

Where is bro mikekong?

I thought you guys were talking about extol. May i join. Ki ki ki ki

Whatever. I think you should minus intangible assets to derive net asset value in the event of liquidation.

Hai kawan kawan. I am back for actionm

Calvin. How many units of shares ?

Calvin. It doesn't matter 9.3 mil or 14.1. It is not a rental but advance payment rental. Under Matching concept, any prepaid expenses are not treated as current expenses but will be recognized as an asset in the balance sheet. pls ask yr good friends at pmcorp how they are going to improve its marketing and collection control system and also to improve its profit margin in future. Probably for import of cocoa they use forward contract and for marketing, probably aggressive advertising. Thanks bro. Need to go now.

invest118 If we take into consideration the overpayment of RM9.3M in rentals in 2013(repayments to PMCORP in 12 monthly installments in 2014), the results should actually be in the positive.

22/02/2014 09:58

calvintaneng Invest118,

Very good. Not just RM9.3M but RM14.1M which should translate into a very positive Year 2013.

22/02/2014 10:03

Dear Calvintaneng,

I think your statement is misleading. Overpaymant of ADVANCE RENTAL of RM9.3 Mil and it is not rental expenses. Under accounting practice, any payment of ADVANCE RENTAL is not treated as profit and loss items. It is treated under balance sheet as other receivables. As such Overpayment of ADVANCE RENTAL of RM9.3 has not any impact on the profit and loss of pmcorp.

Basically, pmcorp's performance in 2013 is worse than in 2012. Its revenue dropped from RM85 Mil in 2012 to RM81 Mil in 2013. Dropped by RM4Mil due to stiff completion and poor purchasing power. This may show poor marketing strategy.
Its gross profit decreased from RM31Mil in 2012 to only RM27Mil. also dropped by RM4Mil. Gross Profit margin decreased by 4% from 37% in 2012 to 34% in 2013 due to increase in cost of materials. Thing getting worse as PMCorp has to provide Impairment loss on receivables of RM5.5 Mil in 2013. This shows that PMcorp has poor internal collection control. Selling goods but not be able to collect cash so has to incur impairment loss on receivables.

Psd57. Last comment: Enough to buy 10 pretty ladies for one night. Kikikikiki

Bro Mike. Last wish. Enjoy the weekend and thanks for 4 digit profit again and again. bye

hai guys. see u on sunday. really enjoy the ride. kkikikikikikikiki.

close 59. got 3 sen. kikikiki

smalltimer. Where are u this morning? when we are about to sell you are buying.

psd7. Really good if we can make money everyday. Really good Teamwork. Thanks to allllllll. kikikiki. Bro Mikekong, I owe u 2 dinner now.kikikiki

Bro Swing. so fast bro u want to close. You are really hit and run. kikikiki.

changlk03 . Now 59 sen already.kikiki

Vinvin,
Message from your friends from Regain Capital Choclate ship. which was posted last night


swingtrader
553 posts
Posted by swingtrader > Feb 20, 2014 11:28 PM | Report Abuse

Despite small volume iris still uptrend. very good sign indeed. It shows a group of people/big player is accumulating iris. i think most of retailers have disposed iris. Bro mikekong is right. Iris will go up. may hit 60 cents tomorrow or next week.

Kiki kiki kiki

Go for 60 sen this afternoon looi

Iris iris iris iris kikikikiki

Sapu iris at 56 sen. Ki ki ki. Hentam saja

60 today or monday. Ki ki ki

How about others, are u joining guys

I am in. How about u TUCK2?

Morning guys. How many of us go for iris today? Kikiki