rMoi: how much is the TOTAL LIABILITIES. I might read a wrong balance sheet. Just wan to counter check with u niah. My calculation (cincai one) show cash minus payout = negative , and minus Total Liabilities is NEGATIVE BILLIONS. Do correct me if i am wrong.
if you have done enough of PMC then wait for the EGM. but what you can do now is to look at other stock. FPI same situation with PMC with cash est to 83cent per share and the good part is their business is making profit and management by a more organize team.
VERY GOOD OPPORTUNITY TO BUY AT CHEAP ENTRY PRICE NOW.
PMCORP STILL PROFITABLE. 5 CONSECUTIVE QUARTERS OF PROFITS. LATEST FINANCIAL YEAR JUST REPORTED STILL MADE PROFIT RM8.2M. NTA MORE THAN RM0.50 SEN, MUCH HIGHER THAN ITS CURRENT SHARE PRICE. IT'S ALMOST DEBT FREE. CASH RICH AND HAS LOTS OF UNDERVALUED TANGIBLE LANDED (ITS 2 PIECES OF LANDS IN EMBASSY ROW, JALAN AMPANG, KL, IS WORTH A LOT MORE THAN ITS BOOK VALUES. MANY OTHER UNDERVALUED PROPERTIES IN SHAH ALAM, SPORE AND HONG KONG, ETC) AND OTHER INVESTMENT ASSETS WHICH ARE WORTH A LOT OF MONEY.
non property investment is yielding great financial returns. ITS USD 3M INVESTMENT IN LAURA ASHLEY (INTERNATIONAL RENOWN COSMETICS) IS NOW WORTH USD 6M OR ALMOST RM 25M. BESIDES DOUBLING IN VALUE, IT ALSO MADE SUBSTANTIAL FOREIGN EXCHANGE GAINS HERE. PMCORP HAS THE OPTION TO REDEEM 50% OF THIS INVESTMENT NOW
darrenliew : why u reveal too much ... u think people will call u panlai aaaaa ? HAHAHAHAHAH ... i read your comment also i fall asleep four times ! Write short-short lar ... short and sweet-sweet like chocolate Tudar Gold mar .... hahahahahahah .... PMCORP CANTEEEEEEEEEEKKK !!!
RAIDER COMMENT, Aiyah!!..this is a short term accounting treatment losses for the quarter. For the year, is still positive profit loh...!! The company cash is still intact.....!! Overall cash per share has further improve loh.....!! Do not be fool by selling too early loh.....!!
Take this selling down by accumulating loh....!! Rm 0.275 is a good buy mah...!!
Talk about nta ASB got higher nta and is selling at peanut price , nobody want to invest got stupid management running the company after 15 years still cannot turn around the company
PMCORP HAD ALREADY TURNED AROUND N MAKING PROFITS FOR 5 CONSECUTIVE QUARTERS. LATEST FULL YEAR PROFIT RM 8.2 M CASH RICHBRM143M. AMOST DEBT FREE. ALSO OWNS SUBSTANTIAL PROPERTIES BOUGHT AT ROCK BOTTOM PRICES DECADES AGO. NOT YET REVALUED N THEIR VALUES WILL BE UNLOCKED WHEN SOME OF THEM ARE SOLD AS NON-CORE OR SURPLUS ASSETS(NOT ESSENTIAL TO ITS CURRENT BUSINESS MODEL). THIS WILL BRING MORE CASH N MORE PROFITS AS CAPITAL GAINS WILL HUGE. THIS WILL ALSO HAPPEN WHEN THE BOARD DECIDES TO REDEEM ITS INVESTMENTS IN LAURA ASHLEY.
CATALYST FOR FASTER GROWTH :- 1) unlocking the values of its undervalued assets by disposals of non core properties n investments (Laura Ashley) 2) realise their gains n bring in even more cash 3) expand its FAST MOVING CONSUMER GOODS BUSINESS FOR EXPORTS TO WORLD MARKETS
I believe you and seems no one can predict it correctly, one of so call expert told me the bubble is designed to get bigger and bigger, no one knows when it will burst, somehow when it almost burst, ppl know how to selefon tape the hole.
I already have few milo tin of gold, inherited from my grandparent. Last time, when my parent can't give me pocket money, I took from my grandparent, the money got pepper smell.
Good Morning PMCorp COMRADES ! Dun forget our GOLDEN rule number 1 - always be HAPPY, dun be angri .... HAHAHAHAHAHAHAH ! PMCORP CANTEEEEEEEEEEEK !! Cheers !!
TTTHuat ... u still wan the 27.5 sen or not ... my printer is out of ink ... i will get it fix but the computer shop open at 10 am ... u know lar ... no ink how to print money ... HAHAHAHAHAHAH ... PMCORP CANTEEEEEEEEEKKKK !!!
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....
paperplane2016
21,666 posts
Posted by paperplane2016 > 2016-02-24 13:43 | Report Abuse
theonly stock leno recommend tht goes up YTD also dropping, sad for leno.
Now buy Bornoil for more upside.