All factors of pros and cons have been taken into consideration in this forum and debated reasonably. Many blue chip and mid cap companies are shareholder concerned and they subtly make us realize by their revamped proposals,numbers, clauses that they are offering this year something for shareholders goodwill.
Maybe the operators are striking a note here.
"The final quantum of the cash distribution will be determined based on the issued and paid-up share capital of the Company and the number of Treasury Shares held on the Entitlement date". Also as indicated by darreliew as below:
1) potential windfall when the company distributes its 64.959 Treasury shares 2) additionl almost RM10M cash when its share sale of its holdings in PMHOLDINGS eventuates.
So hopefully we are in for a windfall. We have to say 'cheers' to calvintaneng for getting the ball rolling. We could be witnessing the repeat of Tomypak RM1, declared 4sen dividend when it was 40sen. 'Mr Market then chased Tomypak to Rm4.00 (and split)' Well all the best...cheers
THE SHARE SALE OF PMHOLDINGS WAS NOT DELAYED BY SC. THE DEAL WAS POSTPONED BY MUTUAL AGREEMENT FOR 1 MONTH TO ENABLE CONDITIONS PRECEDENT TO BE FULFILLED BEFORE THE AGREEMENT CAN BE IMPLEMENTED. VERY NORMAL. I BELIEVE IT WILL GO THROUGH SHORTLY AS I THINK THE DATO DR IS INTERESTED IN PMHOLDING'S LISTING STATUS.
THIS CORPORATE MOVE WILL BE GOOD FOR PMCORP AS IT WILL BRING IN ADDITIONAL CASH OF ALMOST RM10 MILLIONS.
PMCORP'S IS ALREADY CASH RICH WITH RM143M.WHICH WILL BE INCREASED BY ANOTHER RM10M WHICH WILL BE PUT TO GOOD USE TO EXPAND ITS GROWING CHOCOLATE MANUFACTURING BUSINESS TO EXPORT MORE TO THE FOREIGN MARKETS TO TAKE ADVANTAGE OF THE VALUABLE FOREIGN CURRENCIES' HIGHER VALUES TO CONVERT TO MORE RM THUS BOOSTING ITS TOPLINE REVENUES AND PROFITS.
THE ADDITIONAL CASH WILL MEAN PMCORP CAN BE IN A STRONGER POSITION TO REWARD SHAREHOLDERS WITH MORE CASH DIVIDENDS IN FUTURE. AFTER ALL THE SHARE SALE IS A PURE FINANCIAL WINDFALL AS PMCORP NO LONGER NEEDS TOO MANY LISTED ENTITIES (REDUNDANT N YET CAN BRING IN RM10M CASH)
unbelievable! If it's so good, why it has been undervalued by the market for so long time? Something is not right. Am I right? Or the Mr Market is wrong?
Yes, you're right! Can someone pls prove me wrong? Push it up lah, haha! Otherwise, it will be unbelievable for many others. haha, just joking. You know, I know, all Ikan Bilis here. you're watching me, I'm watching you, and all wish the big fish (or crocodile) to come in.
u sound desperate ...its funny u keep mentioning my name and even begging me to talk to u ... i am not interested to tok to u last time, now or ever. I am teaching i3 members ... not referring to u .... at all. Hope i make myself crystal clear. Dont ever bother to reply back to this post.
hahahahah ... if my average is 32 sen or even more than 23 sen ... i will mati kena cancer in 5 years time ... if my average is below 23 sen ... than Tiantiantianhuat will kena cancer in 5 years time but tak mati .... okay or not ? HAHAHAHAHAH ....HAHAHAHAHAHAH ...HAHAHAHAHAHAH !!!
HAHAHAHA ...more than RM 1.67 millions worth of shares transacted at avg close to 30 sen today ... last week more than RM 3 millions at avg 30.7 sen ... HAHAHAHAHAH ... sabar ... mesti mau sabar ...... durian mau runtuh lagi ... dan lagi ... dan lagi ..... HAHAHAHAHAHAHAHAH !!
HAHAHAHAHAH !! HAHAHAHAHAH !! Wat old machines ? HAHAHAHAHAH ... PMCORP operating in NEW FACTORIES with NEW MACHINES lor ... u NO read the Annual Report meh ? HAHAHAHAHAH ... no need to read also can ... got a lot of new factories and new machines PHOTOS on the annual report also mar ... HAHAHAHAHAHAHAHAHAH !!! Flunk manager will always be flunk manager .... HAHAHAHAHAHAHAHAH
Those who NO hold any PMCORP shares BUT feel JELES ... then feel free to FEEL MORE JELES hor .... HAHAHAHAHAH ... those who no feel jeles, hey ! Leno wish u all the BEST.
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....
davmo
14 posts
Posted by davmo > 2016-02-14 17:17 | Report Abuse
All factors of pros and cons have been taken into consideration in this forum and debated reasonably. Many blue chip and mid cap companies are shareholder concerned and they subtly make us realize by their revamped proposals,numbers, clauses that they are offering this year something for shareholders goodwill.
Maybe the operators are striking a note here.
"The final quantum of the cash distribution will be determined based on the issued and paid-up share capital of the Company and the number of Treasury Shares held on the Entitlement date". Also as indicated by darreliew as below:
1) potential windfall when the company distributes its 64.959 Treasury shares
2) additionl almost RM10M cash when its share sale of its holdings in PMHOLDINGS eventuates.
So hopefully we are in for a windfall. We have to say 'cheers' to calvintaneng for getting the ball rolling. We could be witnessing the repeat of Tomypak RM1, declared 4sen dividend when it was 40sen. 'Mr Market then chased Tomypak to Rm4.00 (and split)'
Well all the best...cheers