Hi skytl, I invested in PMI. It owned Metrojaya about 50% I think. And I bought the shares average at 15sen a piece. Metro was the main income contributor. The company had debts I think 300-400 million. Sold off Metro to reduce the debts, to buy PMI building (rental hardly service interest) and a piece of land near corrus hotel, used as parking. PMI is now back to pn17. I m sure they will sell the land and building and liquadzte the company. When I question r u sure want to develop the land when market is bad (2008). The a.h. responded that I m being pessimistic. 5 years on, co is back to pn17, revenue hardly pay debts. Tell me if the a.h is a prudent or con businessman. Ask also about HOPE foundation, ansd its debt to MUI, in hundreds million. Who owns HOPE?
yes, there is a 90% dark chocolate with ONLY 100gm Selling For the SAME Price as Our TUDOR GOLD 55% DARK CHOCOLATE 200 GRAM.
On Appearance they have more cocoa BUT Their Total Weight is Only 100gm. So Ours if Shrunk to half would have 110% Cocoa & 90% More Free Milk & Nuts.So Calculate CAREFULLY.
After reading hundreds of comments here I think all if not most of us agree that the management could have done better, much better in fact. They need a new strategy and direction as what they did before did not work out well. What I am betting on is its future rather than based on its past performance. The bottom line is, its confectionery business MUST improve......
getah bolingger getting small ... AyamTua can sense something is brewing lot of big buys this morning ... possibly what Calvin said before could come true about payout 31/12/2013 etc ...
hence all nasib buruk potential reverse to nasib bagus ... glue my ayamtua eyes on this monitor screen for couple days .... any FA+TA if you got news ka, what ka etc .. kongsi lah ..
if up 30cent - 40cent is an immediate possiblity! say Dec - Jan 2014.
.. something is brewing... any TA can confirm this ? .. something reversal.... cash payout in progress kah? or what.. I can feel something is brewing .... brewing more than home made sup tulang .... really not joking.. itu cash payout effects kah?
will monitor again second session! .... if second session up.. then sometihng is really really brewing.. cash pay out ? santa claus coming? I dont know.. my sixt sense ....... need some info too to confirm..... something is brewing
I kisah bukan serupa "I tak kisah" I kisah makan , i kisah makan murah I dah makan kelmarin oooooo kelmarin i dah makan shiok shiok makan murah, amat murah ooooooo rasa nya seedaaaaappppp oooooooo huhuhuhu 23.5 sen murah huhuhuhu i tak kisah makan hari ini, masih kenyang
Thanks for sharing your experience with KKP co. Many old timer are disgusted with how the co was managed or was there any management at all! Pmi n Pmcap both in PN17. The share prices are very low as a result of neglect? Will KKp allow the co to die off? Metrojaya is now 98 per cent controlled by Mui. Likely he may relist Metrojaya to activate Pmi? Possible?
These 2 years we have seen Mui Continental being sold, Sing Long warehouse n Pmi office sold. Will he continue to sell to pare down debts? I don't know. If he continue to sell unproductive assets, I think the co will do well n it will be reflected in the share price.
This is my take. BOD are trustee of shareholders. Cannot keep selling assets to cover management blunder. The asset belong to co. Ans ultimately shareholder must be vocal to voice dissatisfaction on the mgmt in which we HV no say of appointment and salary payment. PMI now is a shell company accumulating debts.
You are right. Selling assets will not be enough. Company must increase revenue & profits. But selling assets can settle debts first. So when debts are gone. There won't be negative result anymore.
And MUI Berhad Should relist Metrojaya separately one day. So smalltimer, attend PM Corp & MUI AGM and give your suggestions. A lone voice has little power. Collectively, all can move mountain together.
let sing a song .. 15 days more to go according to the much awaited payout!
On the twelfth day of Christmas, my true love gave to me. 12 Tudor Gold 11 Tango 10 Crispy 9 Ladies Dancing 8 Maids-a-Milking 7 Swans-a-Swimming 6 Geese-a-Laying 5 Gold Rings 4 Colly Birds 3 French Hens 2 Turtle Doves And a Partridge in a Pear Tree ...
Dear investors traders speculators. Pls hold your shares. Be smart. Based on chart. We are heading to moon. Pls wear yr seatbelt. Anytime pls call ayam tua. Our pmcorp advisor
+0.015 - yes, yes, yes.. the beginning of 1cent, 2cent a day season greeting? .. yes...... till 31 dec 2013 payout? it's raining Tudor Gold all the way till 2014 ..... :-)
May be KKP is still hoping for Ku Li to be top in politics again. Then his co will fly. Just joking! When Ku Li retires from active politic, may be KKp may retire from heading this corporation?
Now in the fourth wave of consolidation. Target price 30 cts, 50 cts, 80 cts, RM1.00 & RM1.50. If PM Corp name changed to NETWORK FOODS INDUSTRIES, price not less than 50 cts.
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....
ayeefk
574 posts
Posted by ayeefk > 2013-12-10 12:13 | Report Abuse
Sharks have ears. Looks like after hearing your comments, they start to tilt it higher to attract buyers. 24.5 sen now.
As to how much it can go up depends on market sentiments and your support too.