Kukuman, From what you had espoused so far in such a short time I gathered that u r a long term investor...u want to see the owner adding value to your invested companies as u brought up Tan sri Lee of IOI Corp..I assumed you had bought IOI in early years and is now sitting on good capital gain plus reasonable dividends.
Having said that...as an experienced investor and a long term investor...I am seeking your advise on how you see PMC business of making and selling chocolates to the World....Do u view that PMC business model has unlimited opportunities??
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.
Where got volume? Long Term Investors Are Picking Up PM Corp For Long Term Safe Keeping. As Time Goes By There Will be even less and less scripts to go round.
Kukuman, You r a very experienced investor and a long term investor...I am seeking your advise on how you see PMC business of making and selling chocolates to the World....Do u view that PMC business model has unlimited opportunities?
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.
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?
Kukuman, Yes I do want your take on PMC business model of making chocolates using local materials and selling to the world...just focus on the business model itself...does PMC has a good business model that it can compete and win against established players in targeted world markets?
Assuming a hypothetical case where Tan Sri Lee of IOI is owner of PMC...what would your investment view on PMC be?
Calvin said that. Calvin bought Perak Corp at 60 Cents when Nobody Wanted Nor Even Bother To know. So many bad things were said about Perak Corp at 60 Cents Then. So the "Sor Chai" Calvin bought Perak Corp at 60 Cents.
Why? Calvin Saw 1,000 Acres Prime Land In Lumut. Integrax is also nearby. Now the 1,000 acres land almost finished developed. No more potential. After you squeezed the orange dry. No more juice left. So why keep orange skin? Sell Perak Corp at over RM3.00.
Only "Sor Chai" Calvin dare to say Perak Corp is fully valued. For PM Corp it is not just one orange. 1,000 acres land only? No! Potential to sell to 7 Billion People On Earth!
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.
Chocolate business is not a great business? Go and tell Warren Buffet. He Bought SEE'S CANDY (A Chocolate Company giving 20% Yield yearly) Then he bought CADBURY. WENT ON TO BUY HERSHEY. FINALLY HE ALSO BOUGHT VAN HOUTEN.
Not to sell then cash pay out? Of course for Long Term investors. Short term is a confidence booster. Especially with tiger and shark and baboon around
For PM Corp it is not just one orange. 1,000 acres land only? No! Potential to sell to 7 Billion People On Earth!
So not 1,000 BUT 7 BILLIONS! Can you SEE NOW! -------- calvin ...as time passes...i sense that u may be a retarded...not fully retarded...just autistic ...clever retarded
0.240 or even 0.01 <--- why panic? be happy! why? buy low, sell high! relax . bought PMCORP at 0.275 now 0.240 - do I panic or fear? even my Hexza bought at 0.800 now 0.600 - OH MY GOD! DO I PANIC? I STILL EVEN EAT ICE CREAM IN SHANG RI LA SMILING !
MY OLD HEARTS, FEATHERS AND LUNGS STILL BREATHING AIR - why panic? I more panic when I cant eat ice cream!
Uncertaintities only grips heart and mind which are not prepared. for old timer in bursa, this is normal thing. even if company is kaput, we all prepared for this.. I more prepare to exit the world, by reading Good Books and go to paradise then go to Hades for eternity! ..
People who have strong mental and heart foundation.. cannot be shaken easily.. aiyo.. wang hilang boleh cari, kawan and family hilang.. cry blood also you cant get back ...
Part and parcel of investing is.. when you fail in investing, that is when you discover your true self....... market has it ways, to deranged the minds ... dont blame or hate the players, hate the game is self! ...
have a strong mental and heart attitude.. always think positive...
For Me Who knows PM Corp Inside out, no need dividend or cash pay out. But for others I cannot speak for them. They might condemn me and call me conman if there is none or delayed.
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.
tenangkan fikiran melalui doa. kurangkan fikiran negatif. banyakkan buat usaha usaha murni dan berbuat kepada orang. apa yang dibuat pasti diberkati. hati mesti baik fikiran mesti baik you will be bless with prosperous life. not just that but also with good health.
you have money, but no health - no use have health, but no money - life bit hard have health and wealth - a blessing have health, wealth, family and FRIENDS - a blessing fikir baik, buat baik - life is short duit tidak dapat bawa mati biar buat baik, jangan buat jahat. tenangkan hati dan fikiran. jalan pasti buka luas..
Those who are not interested to invest or to trade pmcorp. Take this advice ... go to hell. We are only interested brilliant idea either hold/buy/sell. Not to screw people around. Pls contribute yr good idea.
Posted by mikekong55 > Dec 5, 2013 12:37 PM | Report Abuse
ayamtua, wake up and shouting already.
Posted by calvintaneng > Dec 5, 2013 12:38 PM | Report Abuse
Nama AyamTua, tetapi fikiran dan cakapan tak tua. Sila tukar nama ke AyamMuda
-- KOKOKKKKK!
ahh, nice to see two of my good online buddies response at the same time - you two actually have the same frequencies ! see I told you two can be best of friends or brothers even can plates makan makan together.. hahaha
ayamtua i think u should leave pmcorp now...see how calvin has influenced u...he's just have his words...writings...which are very baseless and unbecoming/merepek...i'm just giving u advice...the chocolate biz is making losses...why so excited?
mungkin u terhutang budi pada calvin pasal u bikin untung hari tu...but u shouldn't peg your move then..carry on
zu1967, the reason why the shouting is due to this crazy guy calling people name.this is the cause of provocation;can't blame them.he likes to act like a peacock;no one here will give you due respect. respect oneself first before other respect you.
Kukuman, Slater Walker was an empire builder...using debts to acquire business...his modus operandi is to jack up high PE ratings for his company before he acquires another company with low PE ratings...Very simple strategy....Use high PE to eat up small PE company using DEBTS....the result is Slater Walker acquired very diverse companies...
Tan Sri Khoo modus operandi was similar to Slater Walker...Tan Sri Khoo built up MUI to be biggest company in KLSE then but over the years his empire had crumbled...whereas Tan Sri Lee of IOI started small but built it up BIG over the years as he was the OWNER OPERATOR...Tan Sri Lee worked very hard in adding value to his company...
If one look at the results over the past 30 to 40 years, Tan Sri Lee , OWNER OPERATOR, had indeed added tremendous value to IOI Corp....whereas Tan Sri Khoo business empire had crumbled...and based on your experience you had distrusted Tan Sri Khoo as he had siphoned off money as was the case you mentioned in PM Cement....
I personally think that MUIIND is in bad financial condition now and Tan Sri Khoo cannot procrastinate anymore as he will lose MUCH MORE if interest rates spiked up suddenly in the future...So I think Tan Sri Khoo also realize that he must degear MUIIND fast to realize future values in MUIIND...For that my view is he must recruit and reward talents and retain talents who had performed...and he has to inculcate personal integrity, corporate integrity and corporate responsibility to minority shareholders and drive UP performance...If he continues with his old mindset of selling off gems then I do not see much improvement for MUIIND. He got to ask himself whether can he really grow the company....if not better sell off to persons in the likes of Tan Sri Lee who can ADD HIGHER VALUE to the MUIIND minority shareholders
Coming back to PMC...I have studied into PMC chocolate business model and I have confidence this business model can generate good profits, revenue growth and good cash flows in the future years as long as PMC is managed professionally
orang tua gaduh sama orang tua.. dont worry, gentlemen punya.. kita bukan orang muda... kita semua sudah tua.. ada cara... cara halus, very soft spoken ... hehe cakap pun slow slow... hati tua, tidak apa ...
thor88, which forum here don't have one 'crown' hard selling and promoting the stock. there have their agenda;so do your homework and analyse what being said and don't falls for the trap and be their bait.
"Good cash flows in future years as long as PMC is managed professionally." - Tsurukame
Director James Wong Ngen Faat is A Shining Example. He turned around "Morning Star" of Hong Kong before joining PMC. Now he has victoriously turned around PMC for the last 7 quarters!
The very name bespeak something
James is A Very Practical Book in the Bible.
James - a hands on practical person'
Wong sounds like "Ong" Good Luck or Good Business in Chinese
Ngen - Sounds like "Year"
Faat - Everyone knows "Faat" means prosper or kaya.
Summing it up:
A practical Director Who Has Good Business Sense To Cause PM Corp to Prosper Yearly.
posted by Kukuman: Tsurukame, i like the way u articulate your thought. You already have the answer and your last sentence is so well stated.
05/12/2013 13:00
Like!!!
posted by Tsurukame: ...........Coming back to PMC...I have studied into PMC chocolate business model and I have confidence this business model can generate good profits, revenue growth and good cash flows in the future years as long as PMC is managed professionally
05/12/2013 12:55
Like!!!!!!!!!!!!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mktwatch
163 posts
Posted by mktwatch > 2013-12-05 11:40 | Report Abuse
And nobody wants to sell @ 0.245