Declare dividend also can get extra mah...at least legal mah...they biggest director also total shares 91mil like that mah...91mil x 1sen dividend also got almost 1mil mah...hehe
Any shareholders based in Penang willing to go to the AGM for me? Can show them this article, and remind them if they treat shareholders as partners and not blood sucking mosquitoes begging for dividends, we can all do will together!
Hmm phillip, im not sure if you've read any of yeong sheng tey's articles on PPHB. They are quite good.
He met and interviewed the bosses before, and they were very very open to explaining the business etc. Very friendly people.
If you meet them, you may not want to be so aggressive, and talk so much about soaring stock price, but to slowly nudge them to align their interest as directors better with the shareholders. They are the biggest shareholders after all.
He spoke to them in dept on warren buffets philosophy, the importance of Return on Incremental capital etc. And they were quite open and participated, so they are probably not foolish either.
Choivo, if you have noticed by now, my way of investing is not like the others aggressive bang table type. I rarely if ever invest in penny stocks.
My brother in law works for them. They are very capable. My wife has shares in PPHB.
What my goal in PPHB was to explain what a undervalued stock with margin of safety was. A temporary mispricing due to lack of coverage, slow growth, poor management or lack of shareholder alignment.
For one reason or another, PPHB is a small cap stock which is undervalued, with good assets and management, and most of all a profitable and growing company.
I would be glad to put my name inb recommending this company, going forward. As it is one of the few net cash among all the packaging companies in bursa, and also one of the few profitable ones.
This will surely be reflected in the share price one day.
Hmm, i think the main reason for the undervaluation is the lack of dividends, coupled with the high director remuneration. I think you're aware of this as well, from your previous postings.
One would naturally not be so eager to invest, if investors perceive the directors as not treating them as partners.
I too bought a little a few weeks back, when i felt it was a bit too cheap.
Good luck with your plan to engage management. I hope you obtain a favorable outcome.
Raider Philip say this company should be worth at 200 million fair value (conservative), it should be priced at least at 120-150M. Wait till quarter results out. Be Patient. Be Cool.
Scroll up apolloang, I bought at 0.49 on 30/1. Some counters like Tropicana and VS Industry already sold off for around 10% gain. Use proceeds to buy into PPHB, Cresbld and E&O.
I am sorry my friends, general Philip and his family have had a long discussion and family have decided to sell our shares from 5.55 down. Don't worry very small amount only. We wanted to continue support PPHB but after looking at pchem opportunity costs we decided to take profit and go all in to Johor instead of Penang.
With pangerang rapid finishing testing and commissioning this next few months and full production, I anticipate big things in oil and gas sector chemical processing soon.
I apologies for forcing my wife and brother in law to abandon their support so soon ( it was a great journey) but I believe PPHB will definitely continue to do well in the future and making good profits!
Valuation unchanged at 120 million ( conservative), and I will still be there at quay hotel opening.
.... All Sold .. ??? ... {{{ ..... I am sorry my friends, general Philip and his family have had a long discussion and family have decided to sell our shares from 5.55 down. Don't worry very small amount only. We wanted to continue support PPHB but after looking at pchem opportunity costs we decided to take profit and go all in to Johor instead of Penang. ..... }}}
Exactly, no problems. PPHB is a good long term stock with a growth trigger. Once the quay girl gets completed then you have a guaranteed revenue and earnings growth. Things will look out fine in the long run.
Ignore them....in every counter also got some people like fast cash one....wait for May notice of meeting out to fill up proxy form....for who who able to attend then question management larh...lol
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Shinnzaii
3,114 posts
Posted by Shinnzaii > 2019-01-31 17:28 | Report Abuse
Declare dividend also can get extra mah...at least legal mah...they biggest director also total shares 91mil like that mah...91mil x 1sen dividend also got almost 1mil mah...hehe