Banyak kaki lama di thread sini sangat benci sama dia sebab cara dia tulis. Macam macam tulis. Jual rumah la untuk beli saham, best of the universe la, adoi.. macam macam la.Tanya mikekong, ayamtua, kukuman, OTB dll... dia orang amat tahu cerita ini
THE STORY OF ELEPHANT & 3 BLIND MEN, ONE WISE MAN & ONE BLIND MONKEY!
Good Morning,
I have already shared on "The 3 Blind Men Examining An Elephant.
I want to Interpret The Interesting Parable Here With Regard to PM Corp.
Let's say PM Corp is the Elephant & the Other Players Are Those Who Visited & Gave Their Respective Views.
3 Blind Men Once Went To Examine An Elephant. The 1st Blind Man held the Elephant Leg and said , "The Elephant is like a Strong Tree Trunk." The 2nd Blind Man happened to touch the Ears of the Elephant and concluded "The Elephant is Flat & Flabby Like A Pancake." And the 3rd Blind Man held to the Elephant Tail & Exclaimed To All, "NO! NO! YOU ARE BOTH WRONG - THE ELEPHANT IS THIN AND LONG LIKE A SNAKE" "SEE - I CAN PROVE TO YOU ALL IF YOU WILL HOLD THIS SNAKE (While Holding On To The Elephant's Tail As Proof.)
Of Course They Were All Right IN THEIR OWN BLIND EYES! You see - They Were Correct Only In Parts. But The Wise KcchongNz came and saw - the Entire Elephant is not just legs, ears and tail. He also saw that the Elephant has a pair of Valuable Tusks. And If The Elephant Is Dead -the SUM TOTAL IS WORTH MORE THAN ITS CURRENT SHARE PRICE.
Now Came A Blind Monkey, He too, HOLDS THE ELEPHANT TAIL. Because The Elephant is taking a rest - the Blind Monkey Exclaimed Excitedly, "Snake Die!" "Snake Die!" (He thought that the elephant tail is a snake.)
This Is How You Should VIEW PM CORP
1) The Leg (PM Corp own RM30 Millions in Properties - The Four Legs Are Condominium, Lands, Landed Factories & Flatted Factories.)
2) The Ears (RM82 Millions- Investments In Many Other Companies - listed & unlisted.)
3) The Tail (RM15 Millions - Inventories of Tudor Gold & Tango Chocolates - the smallest div.)
So you can see that The Food Business is still a small part of the Whole. The Blind Man Who Shouted Was Actually Holding The Tail.}
All Overlooked The Pair of Valuable Tusks - RM140 Millions In CASH. Also 18 Millions In Receivables.
SO YOU SEE - PM CORP IS ROCK SOLID - DON'T BOTHER WITH ANY BLIND MEN OR BLIND MONKEY WHO KNOW NOTHING OR SEE NOTHING IN PM CORP!
What is a Story Teller? A person who tells tales which does not necessarily means factual or absolute like the physical elephant that cannot change in shape although may change in size i.e. getting thinner.
This came to mind about the story of the Monkeys and the Moon.
ONE night a little monkey went to a well to get a drink. As he bent over, he saw the moon shining on the water. In great fear he ran to the other monkeys. "My friends," he cried, "the moon has fallen into the water!" "Where? where?" asked the others. "Come with me and I will show you," said the little monkey. He led them to the well, and they crowded around and looked down. "Yes, there she is!" they cried. "We have lost our beautiful moon! How dark and dreary night will be without her! What shall we do? What shall we do?" "Listen to me," said an old monkey. "There is only one thing to do. We must draw the moon out of the well." "Yes! yes! yes!" shouted the others. "We will. Only tell us how." "See that branch growing over the well? We will make a chain from it and draw the moon out in a minute." "Good! good!" cried all the others. "Let us do it at once." Soon a chain of monkeys was swinging from the branch, down over the well. But, alas! Just as the little monkey at the end of the chain nearest the water was about to reach out and grasp the moon, a dreadful thing happened. The branch broke, and all the foolish monkeys fell into the well and were drowned. But the moon went on sailing through the sky.
The same tell tale sign is echoed about the Cash Payout for the next 5 months, without any EGM approving it. Then came the news of "Cash Pay out" in actuality that overpayments of rentals pursuant to a Renewal of Tenancy Agreement commencing 1 November 2011 amounting to RM9,343,838.70.
The morale of the story is - listen to the Story Teller but with an analytical mind. Check the history of the story and the owner of the company. A well managed company would not have overpaid albeit to own company to kite flying of money interest free. Total over payments from 2 companies is about RM15 mil. Does the profit comes from operations of business or sales of properties.
A gem is nothing more than a stone, if there is no connoisseur to value it. For PM Corp to be properly valued, we need a qualified stock analyst/media report to do it. Without this, a gem(if really qualified) can still remain a stone for years to come.
Currently, we rely on Mr Shark to arbitrarily value it at 21.5 sen per share.
I just came back from Changi Airport Singapore. On the way, I saw PIE being upgraded to a 10 Lane Express Way & going home I used the ECP (East Coast Express Way) where I also passed the MICE (New Under Sea Tunnel). If anybody get lost in Spore - just look for PIE or ECP - these Two Highways Encircle The Whole Island of Singapore. Singapore is such as well planned Country.
Yes, These Are The Facts About PM Corp:
1) I saw Tango Chocolates sold in Cheers MiniMart, Changi International Airport. Excellent exposure to the Whole World.
2) If you are in Shah Alam - go and see the 6 Acre Land beside NFI Factory. Bought for RM17 Millions. Now RM50 Millions! Worth more & more by the day due to Greater KL MRT.
3) Go To Any Giant, Aeon, Cold Storage, EconSave, Mydin & try out Tudor Gold & Tango & Crispy Chocolates.
4) If you are in N Sembilan go & visit Bandar Springhill. PM Corp own MUI Prop shares - indirectly owning Bandar Springhill.
5) If in Singapore - go and see Tangling View Condo in Order Road Area. PM Corp has a Penthouse here.
6) Go into any Tesco Supermarket - All 22 Tesco House Brands OEM by PM Corp
7) 1,500 Cosway Stores Stock 12 types of Tudor Gold Designer Chocolates. Buy some and see how good they are.
8) Go into Metrojaya Store in MidValley MegaMall. PMC own it through MUI Berhad
9) See Laura Ashley Stores - 450 Strong World Wide. PMC own the South American Franchise. Worth more than RM20 Millions as of now.
10) And many more facts if you will open your eyes & SEE.
Calvin ar, u open your eyes so big and c so many stores, how come your eyes nvr tell u got so many people buying the products, long q at cashier counters blah blah...?????????????
Today, the play is on selected 2nd liners(above RM1). Penny stocks are still in consolidation. It may take a while(up to sharks' timetable) before the sharks revisit the penny stocks for another push.
ayeefk. have said last week. penny will be badly meltdown for 3 weeks; in play fundamental good stock and index link. have to push klci firstly to 1844 than forwards to 1850. a lot of people either 'burn' or trapped in penny. try you luck on penny end march/early april more safer. pmcorp will test 0.18/0.15. good luck to you. having dinner now. bye.
Mike, I am fully diversified. I invest in a combination of blue chips and laggards. I am not worried on penny stocks meltdown. I take this as an opportunity to average down my holdings.
In every crisis there is always an opportunity, depending on our outlook.
So clever prediction. So many counters were predicted. Wellcall, Pos, K1, Pelikan, Gpacket, and Thheavy.
See Confident Forecast on Thheavy? Suppose to buy at RM1.02 to RM1.03 - then shoot up to RM1.09. What happened? Now go and check out the truth. How many still got stuck in Pelikan, G Packet & Thheavy?
Yes buying a Solid Net Net Value Stock for 21.5 cts with 47 Cts NTA is anytime better than GPacket with losses after losses after losses for so many years. No wonder this time instead of stealing food from lion's mouth - kena bitten by lion. Result: Lost few thousands lah.
They say in Chinese - if you go up the mountain far too often - sure one day you will meet tiger mah.
Benson911, I am not an expert in property purchases. But I do know that the prices are too high to chase now. If you are not in any need at the moment, you can wait for the prices to correct first, probably in the next 2 or 3 years when interest rates start to trend up much higher or another economic crisis.
Do not chase assets now when prices have already gone up in 'bubble' territory.
The Only Way to get cheap landed property is to buy from Auction at High Court. And you must try again and again till you get one. Don't give up. Sure you can bear the syndicate some how, some day. And I had beaten them many times!
Thanks bro ayeefk, appreciate it... I am just worried that I might have gone overboard sometimes and offended or irritated anyone.... rest assured no disrespect intended at all to anyone... will try to be more serious hehe... oops... i got to stop doing this hxhx...
Hi Mike, how was dinner? Thanks for the caution.. Will monitor closely next two weeks if I have time hehe... May have to go toilet every 10min during work to check market hehehe....
humbled. no need go toilet if you're on good fundamental stock. tomorrow selling my 170k MKH and 35k HO HUP. will put all this money into INARI. my stock no need to wait 6/7 years or a century. plenty of 'jalan' working with fund management. tomorrow following my fund manager to penang for roadshow.
tewnama. saya tak bersara tetapi kawan lama invite saya join company dia. a lot of thing to learn lagi boleh dapat gaji. ini hari beli 3 saham intraday untuk company @ misc,tsh & klcc. semua untung lah. semua data dan info first hand loh itu yang important.
I hope all are safe. Eat a little less never mind lah. At least we can sleep soundly every night. I saw Lim of Brunei in Protasco Forum. At least he is in a very safe counter.
how to eat less when you've a family to feed. even landmine filled with explosive or volcanoes going to erupt;there is still pot of gold to be found. just a matter of timing.
lee9fold. where got good advise;tell 20/30 years stock market story. repeat & repeated all over every forum. how do appreciate when throwing insult more than praise.
Thank you. It's OK. I am still learning. Sir Isaac Newton once dabbled in the South Sea Stock Frenzy. He made I think 7 Million pounds. But after he sold he saw the share still moved up & up. So he went in to buy the South Sea Bubble Stocks again. Ha! He finally lost 20 Million pounds instead.
This is what Isaac Newton concluded,"I can study and measure all the heavenly bodies BUT I CANNOT CALCULATE THE MADNESS OF MEN."
I think I get to understand his statement a little by now.
mikekong...seriously i dont quite agree with wad u said...those with thick capital punting sure easier to earn...how about those with limit fund? not every 1 can invest like the way u all do...its too dangerous...1 must know suitable way of investing that suits themselves
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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....
tewnama
4,251 posts
Posted by tewnama > 2014-03-05 19:45 | Report Abuse
Banyak kaki lama di thread sini sangat benci sama dia sebab cara dia tulis. Macam macam tulis. Jual rumah la untuk beli saham, best of the universe la, adoi.. macam macam la.Tanya mikekong, ayamtua, kukuman, OTB dll... dia orang amat tahu cerita ini