Keep long term. Price won't go up based on its sales performance/profitability unless there is a restructuring of its capital/assets which can happen. Keep your fingers crossed.
The willingness for reappointment does not affirm the appointment of KPMG. It might be well be a fee issue that saw the change to (eventual?) Crowe Horwath.
PMCORP is the crown jewel of the MUI group. If you want to bet on the MUI group, dont buy PMIND, dont buy PMCAP, dont buy MUIIND, dont buy MUIPROP, buy PMCORP! Buy the best!
wilsongan, PM Corp got MUI ICULS? What is interest rate? What is the conversion price? When was it bought? MUI ICULS not listed in BURSA so I assume that it is a private financial agreement?
Is ICULS in the Money or OUT of Money? What was duration of MUI ICULS? When must PMCorp convert to MUI shares with ICULS?
wilsongan, PMC= Pan Malaysia Cement, Right? Not PM Corp the chocolate business right?So sold PMC, earn profit, then use PMC profit to buy MUI loan stock right? What is the total value of Loan stocks bought then? What is the market value of the loan stock now ?
Leno, U r the most panlai investor. I trust u r VERY panlai.
Please advise what was the total value of Loan stocks bought then? What is the market value of the loan stock now ? Has there been any impairment made to the value of the MUI loan stock by PM Corp up to now? Will there be any further impairment made to the value of investment in MUI loan stock?
Leno where r u? U most panlai investor, u very panlai know everything about PMCorp mah. Why want to hide info? If you know, plse share lah. Don't keep rest here in uncertainty mah. Please advise what was the total value of Loan stocks bought then? What is the market value of the loan stock now ? Has there been any impairment made to the value of the MUI loan stock by PM Corp up to now? Will there be any further impairment made to the value of investment in MUI loan stock? Cash per share is abt 17 cents. But there is impairment to Investments. The investment in MUI loan stocks is one of the impaired investments right? Will there be further future impairment to PMCorp investments? Does PMCorp management and owner want to take good care of minority shareholders interest? Please share what you know leh since u very panlai investor invest BIG BIG in PMCorp? We small investors lah...can also buy from u mah if u r forthright with your info mah? No meh?
Pm corp only got negative retain profit but cash is 17 cents. MUIIND has big loans so higher future interest rate, MUIIND must do something strategic to pare down their loans. MUIIND owns big chunk of pmcorp.
Leno ala Panlai, bodoh sombong, c2speeeed Investor, An AGM is held every year to elect the board of directors and inform their shareholder members of previous and future activities. It is an opportunity for the shareholders to receive copies of the company's accounts as well as reviewing fiscal information for the past year and asking any questions regarding the directions the business will take in the future.
So are you going to vote for or against the special resolution on share buybacks? Major controlling shareholder has asked "Please support" So better be panlai and support as even if you do not support, the resolution will still go through. When special resolution is passed, company will purchased another small 1.6% of total issued shares before it achieve resolution target.
Special resolution was announced to BURSA on 27 May 2014. Closing price on 27 May 2014 was 24 cents, and 22 cents a few days before. What does that tell you? Buy on rumours, sell on news right? So Panlai investor u had already sold out some of your shares bought at 21 to 22 cents , right? U r panlai investor, u make some money, good for u panlai investor!!
So Panlai investor, how r you going to decide at coming AGM? Support share dividends or cancellation of treasury shares or mixture? Frankly how you decide has no impact as major controlling shareholder had already decided what to do! Share dividends WILL NOT increase EPS, Share cancellation most likely will increase EPS and the market price maybe already reflecting this.
So here comes the most important question What is the intrinsic worth? Why is the market price trading below the intrinsic worth ?
Intrinsic Value is defined as The actual value of a company or an asset based on an underlying perception of its true value including all aspects of the business, in terms of both tangible and intangible factors. So the value of a share is based on BOTH tangible and intangible factors.Mr market knows the Tangible info as it is already in the audited accounts and tangible info is higher than market price!!
So Leno ala Panlai, bodoh sombong n c2speeed investor, what is the intangible factors that influence the share price of PMC?
Also what questions will u be planning to ask controlling shareholder regarding the directions the business will take in the future to realize higher perceived value for PMCorp?
I hope to make it. I am renovating 2 houses concurrently. Anyway my proxies are going. And All Here Please Listen. All should speak up in AGM on
1) Proposed CASH PAY OUT Suggested by One Director & Ex CFO Mr. Ho. Mr. Ho is now with Protasco. A very frank and upright guy I am happy to know.
2) Tanglin View Condo Singapore Status. Who is staying there? If empty could be rented out for RM20K to RM25K a month. It is a nice penthouse of 2,000 sq ft in Prime Orchard area.
3) All Should Propose Name Change From PM Corp to "NFI" Network Food Industries.
Is your HAHAHAHA betraying your anxiety or doubtful confidence in self proclaiming yourself as the most panlai investor in i3 forum? Why ask the question loh? Isnt it obvious to u ...all 3 in one loh...most panlai become bodo sombong become C2stupeeed ...Still cannot know the difference self proclaimed panlai.... all 3 in one loh. still think u r the most panlai..there r much more successful investors than panlai investor loh..dont panlai investor know that? dont ever think and perceived that u r the most panlai and most money loh..so panlai investor still think she/he is the most panlai now become bodo sombong because self proclaimed most panlai n richest investor and at the end look very c2speeeed investor loh... so get the drift? most panlai become bodo sombong become c2speeeed ...all 3 in one loh....Still most panlai don't get the drift...become bodo sombong and consequently look c2speeed.. HAHAHAHA
Tanglin view condo is not in orchard area it is among the 99 yr leasehold land belt bordering Tanglin red hill areas. Rentals in sg have taken a hit of late with so many launches in recent yrs. u r lucky to get rm20k today for 4br. Moreover it looks rather dated if u drive past today. Can't match the bling of river gate or Ardmore 2 for sure.
it is on high presure in selling for the moment. Maybe small fish get frustrated with this lumping counter perhasp the corporates' holding too many share hence unloading may be on their way. They might be finding way for unloading process, it can be in high/low price. Its all depend on major share holder decision. 2 cts view.
hahahahah ... 48 hours to go .... jeng jeng jeng ... tick tock - tick tock - tick tock ... if got no money to buy pmcorp, then dun tok kok here okay ... HAHAHAHAHAHAHAH
Hahahaha dun waste precious time and tok kok here loh! Use your jeng jeng tick tock tick tock to goring price UP OK. I m waiting..why u take so long leh still tick tock tok kok tick tock tok kok tick tock tok kok HAHAHAHAHA
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 > 2014-05-31 19:17 | Report Abuse
Balance sheet is the same as statements of financial position, as in the annual report.
Alternatively, you can make an email enquiry to: fgv.investors@feldaglobal.com , if you are already an investor.