hepitrade/vinvin/psd57/huangbk73/zu1967;2/3am and today is boxing day. forget this stock. buy WELLCAL;1(0.50 par )to split into 2.5(0.20par) my source say above 4.30 before CNY.consider today or latest tomorrow. HEPITRADE, hold onto your TAFI until next NOV'14
Posted by anbz > Dec 26, 2013 12:48 AM | Report Abuse and u know what? kcchong never commented about that...and he has the guts to belittle pw corp historical price....he never talks about...pmcorp historical price that has reached 8 cents ...bias..extremely bias
FIRST I HAVE NO VESTED INTEREST IN EITHER PMCORP OR PW CON. I WAS BROUGHT UP IN CHINESE SCHOOL AND TWO OF THE VERY IMPORTANT TEACHINGS ARE ONE SHALL NOT TELL LIES AND BELITTLE OTHERS. I HAVE LOOKED INTO PW CON'S FINANCIAL STATEMENTS THOROUGHLY BEFORE, AND MY OPINION IS THERE ARE NOT GOOD. SO I CANNOT TELL LIE AND SAY PW CORP IS GOOD. I DIDN'T EVEN SAY IT IS NOT GOOD AND JUST KEPT TO MYSELF BECAUSE YOU SAID YOU DIDN'T WANT MY NEGATIVE COMMENTS TO BE SEEN BY OTHERS. IT WAS FINE FOR ME AND I KEPT QUIET.
THEN YOU CAME WITH A POET SAYING I AM BIAS, OK FINE. BUT YOU ALSO SAID I AM DISHONEST, REMEMBER? MEANING I AM A LIAR. SO I POSTED MY COMMENTS ON PW CON WITH ALL THE FIGURES, NUMBERS AND JUSTIFICATIONS. YOU SHOULD COME BACK TO ME AND TELL ME WHERE AM I WRONG IN MY POSTING. NO, YOU DIDN'T. INSTEAD YOU CAME BACK WITH ALL THESE POSTS, IMPLYING I AM LYING. WHAT IS YOUR JUSTIFICATIONS? WHICH PART DID I LIE? IS THAT THE BEST YOU CAN DO?
Posted by anbz > Dec 26, 2013 01:07 AM | Report Abuse
tell him about the 5 cents dividen from pmcorp..haha..his graham net on pw con was again..bias...he then tried making assumption for his own interest...well that 5 cents dividen has proved something..period
PAYING 89 SEN AND GET 5 SEN DIVIDEND, IS THAT A GREAT DEAL?
his comments: The profit before tax (PBT) in the income statement says that it is 5.4m but in the cash flow statement it is 1.2m, it is a difference of 4.5 times! Which is the correct one? Who is the external auditor? Did I read and misinterpret wrongly? I hope someone can correct me. EPS wise it is between the stated 8.6 sen or less than 2 sen. So which EPS do you use in the Graham Growth formula? I have the strong feeling that the latter one is the correct one because somebody must be trying hard to adjust this EPS. ------- me: now does he believes that 5 cents dividen was also means somebody must be trying hard to adjust this EPS.??? or borrowed from bank..to con people? with 5 cents...kiki
DID YOU UNDERSTAND WHAT I WAS SAYING AND REBUKE IT WITH YOUR REASONING?
IS PAYING 89 SEN FOR THE STOCK AND GET 5 SEN DIVIDEND A GREAT DEAL?
---
his next comments: Poultry farming is a very competitive business. It requires quite some capital outlay and the industry is a price taker. One company which has done very well as one of their businesses is QL Resources. That is because they have a wonderful and dedicated management. Others I am not sure. --- me: well...seems he is very sure that pmcorp have a wonderful and dedicated management...lol
and he never comment about this kong kali kong kkp..haha
WHAT KIND OF ANALYTICAL SKILL DO YOU HAVE? WHAT KIND OF DEDUCTIONS DID YOU MAKE? YOU SURE A MATHEMATICS GRADUATE AH?
--- now i know why iafx hates him....because he talks craps mixed with truth...if there is any negative sides regarding his stock of choice..he keeps mum...
WOW SOMEBODY HATES ME? FOR WHAT? OK OK OK I UNDERSTAND YOUR DEDUCTION; IAFX TALK SENSE AND I TALKED CRAP. OK, OK, OK.
Posted by anbz > Dec 26, 2013 01:17 AM | Report Abuse he never talks negative about pmcorp' s chocolate business...lol tell him ..that one characteristic of dishonesty is flip flop between stocks...putting certain rules to some stocks ..and excluding it from others talks history about one thing...and left the history of another..haha talks about pure earning from a business...and keeps mum about another
I DON'T KNOW MUCH ABOUT PM CORP'S CHOCOLATE BUSINESS. I DIDN'T KNOW YOU LIKE SO MUCH TO TALK NEGATIVE ABOUT SOMETHING YOU DON'T EVEN KNOW. I AM NOT ONE LIKE YOU.
LIKE THAT ALSO DISHONEST AH?
he never talks about pw-con making profit every year for 13 consecutive years every year!!!!
REALLY AH? DO YOU KNOW HOW TO READ FINANCIAL STATEMENTS OR NOT?
This anbz is a clown, why bother him ? The things that he posted make no sense and I don't even understand what he is trying to tell. anbz, attacking people won't make you look smarter, it just make you look stupid and ugly.
Talking about shortage is just another ploy to make more farmers to plant cocoa and to supress the already weak prices . It is just like telling planters to plant more rubber so as to get cheap rubber as the main objective . year in and year out , the rubber industry is in the doldrums and rubber tappers are the poorest peoples on planet . This is the ploys undertaken by big consumers and big powers to underpin the market prices by preaching the dooms and extinctions of certain commodities by giving various sorts of data claiming the shortages in year xxxx will see the demand outpaces the supply ...All are bullshits and nothing but bullshits! We in rubber industry has experienced it time and again ! So please do not listen believe what they are preaching. If there are shortages , it will be good for the industry and not the other way round.
Yes. It seems that our bullshit swingtrader is right. Thanks swingtrader eventhough i hate u. U are right this time and follow yr laughing advice. I should buy more 2 days ago.
Per annual report 2012: 1. Amount owing by subsidiaries to company - RM193 mil (which sub?) against investment in sub at RM80 million 2. Amount allocated for development on empty land near factory = RM31 mil 3.Accumulated losses - RM603 mil 4. Share Premium - RM472 mil 5. Cash - RM99 mil less RM31 mil = RM68 millis to support trade receivables of RM20 million or 3 months credit (since goods are under consigment) 6. 65 million treasury shares = 65K lots = about RM14 million (@23sen) = pay iculs holders? . A prudential corp restructure, will use the share premium to reduce the accumulated losses. Here, there will be a consolidation of shares. Here it may be RM0.50 share become RM0.15 share
When someone asked our friend Kcchongnz about putting all his money into only 2 counters - PM Corp & MUI Berhad. He replied that it would be "nuts" to do so.
I think I do agree with Kcchongnz. I have investments in Iskandar auction properties and a little gold. So I am not putting all into 2 baskets.
I have been out of the Share Market for the last 3 years so I am not so sure about other counters. Many I once owned have gone up a lot in prices.
Example bought KPS at 45 cents, DKSH 42 Cents, Daibochi at 60 Cents, Ajinomoto at RM2.20, Perak Corp at 60 Cents, SBC Corp at 50 Cents, Yee Lee at RM1,00 before bonus issues (Adjusted price is 35 Cents for Yee Lee),
KFima at 35 cents, Weida at 35 Cents, CMSB at RM2.20, Harrison at RM1.35, Pintaras at RM1.40, Tasek Cement at RM2.80 & many others at Bargain Basement Prices.
I Really Love Shares At Bargain Prices Because Market Has Either Overlooked, Misunderstood or Mispriced them. To me KLSE Is Now Approaching Bubble Territory.
I have received RM5,000 as booking fee. The buyer is paying Cash soon. I will have fund to buy more PM Corp & MUI Berhad Shares. Maybe I should not put all into only 2 baskets.
From "the bargain of the century" to "longer term it should do well", from getting banned for overzealouly pestering others in numerous threads to buy PMCorp with a price tag of RM10 to asking people to stay safe, from touting unmistakable cash distribution to blaming the CFO, Calvin's about-face is jarring, unethical even.
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....
mikekong55
4,805 posts
Posted by mikekong55 > 2013-12-26 12:16 | Report Abuse
hepitrade/vinvin/psd57/huangbk73/zu1967;2/3am and today is boxing day. forget this stock. buy WELLCAL;1(0.50 par )to split into 2.5(0.20par) my source say above 4.30 before CNY.consider today or latest tomorrow. HEPITRADE, hold onto your TAFI until next NOV'14