PERAK CORPORATION BHD

KLSE (MYR): PRKCORP (8346)

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Last Price

0.395

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


3 people like this.

1,383 comment(s). Last comment by bargainhunters 1 month ago

stkoay

6,480 posts

Posted by stkoay > 2014-07-18 14:17 | Report Abuse

Those selling now COULD be from those tired of waiting or miscalculated the length of time their fund needed to be locked in or fear of uncertainty because EGM is not call after waiting for 6 months.

Posted by Ooi Cheng Kee > 2014-07-24 17:03 | Report Abuse

Any good news for Prkcorp? Why they want to manipulate the closing?

Posted by AvatarTree > 2014-07-25 14:41 | Report Abuse

Hari Raya Angpow from Company to staff.

Posted by AvatarTree > 2014-07-25 15:11 | Report Abuse

" Selamat Hari Raya Aidil Fitri " to all Muslim friends

stkoay

6,480 posts

Posted by stkoay > 2014-07-25 16:32 | Report Abuse

ITEGRAX up today................??

stkoay

6,480 posts

Posted by stkoay > 2014-07-25 16:38 | Report Abuse

Perak Corp is the owner of Lumut Port via listed Integrax Bhd – an asset that has huge income-generating potential.

stkoay

6,480 posts

Posted by stkoay > 2014-07-30 09:40 | Report Abuse

To all Muslim friends,

Selamat Hari Raya Aidilfitri
Maaf Zahir & Batin

Wiwangwang

238 posts

Posted by Wiwangwang > 2014-08-06 10:45 | Report Abuse

I think before the scr . Prk will announce a special dividend for us . I will like to accept the scr . If have more than 10 or 20 % premium from the last offer price .

stkoay

6,480 posts

Posted by stkoay > 2014-08-06 14:46 | Report Abuse

10 or 20% from 3.90 ???
Impossible....They are prolonging the exercise to create some uncertainty to cause the price to soften.........trying to indicate that the price will drop if SCR is rejected.
3.90 seems reasonable to me even it is bought at current level.....10% return for a few months' investment........where to find??

Posted by Ooi Cheng Kee > 2014-08-12 10:58 | Report Abuse

Hi, anybody attend yesterday meeting?

stkoay

6,480 posts

Posted by stkoay > 2014-08-12 11:48 | Report Abuse

Delloyd Ventures Bhd’s share price surged to multi-year highs of RM4.96 on Tuesday after its major shareholders raised their buyout offer by 40 sen to RM5.20 a share.
Chung & Tee Ventures is the single largest shareholder in Delloyd with a 34.24% stake. Chung & Tee Ventures and parties acting in concert with it, which collectively owned a 63.58% stake in Delloyd, had in May proposed to take Delloyd private via a selective capital reduction and repayment exercise at RM4.80 per share.

Posted by sapusapu > 2014-08-18 10:47 | Report Abuse

any update on this stock?

Posted by Ooi Cheng Kee > 2014-08-19 15:47 | Report Abuse

No news mean good news.

Posted by sapusapu > 2014-08-20 09:15 | Report Abuse

moving moving!

plaxo 88

153 posts

Posted by plaxo 88 > 2014-08-20 09:39 | Report Abuse

Hear it will break the 3.90 offer by at least RM1.....anybody hear anything or is this just rumour??

Posted by sapusapu > 2014-08-20 10:26 | Report Abuse

I think public float is down to less then 20% now. In July till now about 3% of volume transacted. many months before that, the volume was even higher. I think it will happen soon.10% upside is ok oredi but higher offer may be in place and a big bonus to everyone

Posted by Ooi Cheng Kee > 2014-10-01 16:48 | Report Abuse

Anyone has the latest news on this stock?

tjhldg

27,218 posts

Posted by tjhldg > 2014-10-06 23:23 | Report Abuse

: )

NOBY

936 posts

Posted by NOBY > 2014-10-07 08:49 | Report Abuse

Hopefully will start moving soon. The Edge weekly did a story stating that offer price may possibly be reviewed. Minorities are holding out for RM 4.5 at least.

Posted by sapusapu > 2014-10-07 09:45 | Report Abuse

G8

tjhldg

27,218 posts

Posted by tjhldg > 2014-10-08 00:40 | Report Abuse

kikikikikiiiiiiiii

Posted by Intelligent Investor > 2014-10-17 18:34 | Report Abuse

Hi Noby,

Can share with me the link?

skng74

1,002 posts

Posted by skng74 > 2014-10-24 08:49 | Report Abuse

Suspended. For a revised offer?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1774661

cgtan2020

684 posts

Posted by cgtan2020 > 2014-10-24 09:28 | Report Abuse

Good news or bad news?

skng74

1,002 posts

Posted by skng74 > 2014-10-24 10:21 | Report Abuse

Hopefully those "significant" minority shareholders managed to arm twist offerors into a better offer.

stkoay

6,480 posts

Posted by stkoay > 2014-10-24 18:31 | Report Abuse

If the offer is rejected in an EGM, they will need another 6 mths b4 they can come out with a new offer.
If they withdraw, may be they can use other method, like a GO.
At the end, it is the offer price that matters.
Short term it may be negative to the price, but for long term it should be higher.
Sime Darby is in for the long term.

skng74

1,002 posts

Posted by skng74 > 2014-10-24 18:58 | Report Abuse

So looks like come Monday, we shd be prepared to see it drop 10-20%? Crap...

leno

6,167 posts

Posted by leno > 2014-10-24 19:08 | Report Abuse

FORTUNATELY leno sold off ALL for CASH last week !! Leno said many time already ... BOOOOO CHOOOOW CCCCCCCCCCC AAAAAAAAAAAAAAAA !!!!

stkoay

6,480 posts

Posted by stkoay > 2014-10-24 19:20 | Report Abuse

@skng74. It's a bad news for the short term. But the stock has missed out on the current rally of undervalued property stocks bcos of impending SCR and moreover a lot of shares have changed hands at current level for the last 10 mths, so I hope the negative reaction will not be too bad.
I think they will still negotiate with Sime Darby.

skng74

1,002 posts

Posted by skng74 > 2014-10-24 19:31 | Report Abuse

@stkoay, thanks for your views.

leno

6,167 posts

Posted by leno > 2014-10-24 19:31 |

Post removed.Why?

skng74

1,002 posts

Posted by skng74 > 2014-10-24 19:32 | Report Abuse

Well, it's good that there are minority shareholders with enough firepower to ensure ikan bilis holders like us don't get underpaid for undervalued company.

leno

6,167 posts

Posted by leno > 2014-10-24 19:35 | Report Abuse

short term target RM 3.20 .. mid term RM 2.99 ... long term RM 2.80 .... BOOOO CHOOOOWW CCCCCCCCCCC AAAAAAAAAAAAAAAAA !!!!

stkoay

6,480 posts

Posted by stkoay > 2014-10-24 20:09 | Report Abuse

@skng74. In an article published by the edge 2 wks ago, Minority Group said they are willing to accept 4.50 and Sime Darby was negotiating for a better price.
Think SD was asking for a very high price, if it's 4.50, it should be acceptable to PKNP.
If their assets are so undervalued, then can consider holding for long term.......If they really needs the asset, they will come out with a better offer.

skng74

1,002 posts

Posted by skng74 > 2014-10-24 20:15 | Report Abuse

@stkoay, I certainly hope so. Otherwise, hold lor. What to do? Haha.

stkoay

6,480 posts

Posted by stkoay > 2014-10-24 21:28 | Report Abuse

It is learnt that the contention point is that the offer of RM3.90 is way below the asset value of Perak Corp, which owns a large landbank in Perak that has not been revalued for years, and port assets.

leno

6,167 posts

Posted by leno > 2014-10-25 08:53 |

Post removed.Why?

calvintaneng

56,552 posts

Posted by calvintaneng > 2014-10-25 10:40 | Report Abuse

Aiyoyo

Sorry for all Perak Corp Forumers

Bo Chow C My Cutie Cat Leno is here to disturb all of you.

I have very nostalgic and fond memory of Perak Corp. I bought this stock at only 60 cents years back when it has an NTA of over RM3.00 then. Now at over RM3.50 people are fully awakened to the undervaluation of Perak Corp finally.

Note:

I have moved to BJ Corp for the Same Reason.

Ha! Calvin is so fortune with all the Corps

1) Bought Perak Corp at 60 cents

2) SBC Corp at 50 cents

3) PM Corp at 9 cents

4) Now BJ Corp at 49 cents

5) Also MP Corp (This one as undervalue as Perak Corp at 60 cents when nobody interested.)

calvintaneng

56,552 posts

Posted by calvintaneng > 2014-10-25 10:58 | Report Abuse

CALVIN BOUGHT PERAK CORP AT 60 CENTS BY WALTER SCHLOSS' METHOD!

Walter Schloss advocated the Purchase of Securities Below Its NTA. This was mentioned by Warren Buffet in his legendary article called "THE SUPER INVESTORS OF GRAHAM & DODDSVILLE". Of the 10 Super Investors Listed By Warren WALTER SCHLOSS Caught My Attention.

So I Bought Perak Corp at 60 cents when it was selling at 80% Discount to NTA of over RM3.00

Also SBC Corp at 50 cents when it was selling at 75% Discount to NTA of over RM2.00

As it turned out Perak Corp did better by virtue of its Steeper Discount of 80% against SBC Corp at 75%!

It is like this.

BUY UNDERVALUE SHARES AT DEEP DISCOUNT TO NTA

THEN HOLD IT TIGHTLY TILL VALUE EMERGE SOMEDAY!

How Long?

For Perak Corp & SBC Corp that was 7 years again.

But It's Worth It All. A Yearly Gain of 60% to 100% Is Simply Fabulous

Posted by Lenokurapcat > 2014-10-25 10:59 | Report Abuse

Shut up kurap cat. Don't come back until October next year. go away !!

jay111

870 posts

Posted by jay111 > 2014-10-25 11:59 | Report Abuse

How about mj perak?

Joel

4,580 posts

Posted by Joel > 2014-10-25 15:49 | Report Abuse

hi, calvintaneng,
I agreed with u here.
Can u tell us some NTA's stocksas below:

1. Bjcorp
2. Pmcorp
3. Mpcorp

or u may provide us the link.
谢谢。

calvintaneng

56,552 posts

Posted by calvintaneng > 2014-10-25 16:10 | Report Abuse

Joel,

Here they are

1) BJ Corp 49 cents. Book value RM1.30

2) PM Corp 22.5 cents. Book Value 49 cents

3) MP Corp 41 cents. Book Value is 87 cents.

NTA is Adjusted Upward according to Inflation. Tongher shares rose because the rise of nickle at one time. So All Assets of BJ Corp, PM Corp & MP Corp are still at Old Book Value.

Since Valuation Is Subjective Unless Done By A Professional Valuer We can Only Give A Rough Estimate.

For Perak Corp Sources Have Said It Should Be Anywhere from RM5.00 to RM12.00

BJ Corp? Around RM13.00

PM Corp Around RM1.00

MP Corp is RM1.50 to RM2.00

Regards,

Calvin

Posted by leslieroycarter > 2014-10-25 16:20 | Report Abuse

Only day dreaming......

tjhldg

27,218 posts

Posted by tjhldg > 2014-10-25 16:36 | Report Abuse

resume trading on monday ... aeh huat huat bo ? hahahahahaa

jay111

870 posts

Posted by jay111 > 2014-10-25 18:30 | Report Abuse

mj perak high nta,what the value?

tjhldg

27,218 posts

Posted by tjhldg > 2014-10-25 23:34 | Report Abuse

and wish mr market agree la

tjhldg

27,218 posts

Posted by tjhldg > 2014-10-25 23:52 | Report Abuse

UUM UUMMMMMM .... SIME GOT THEIR OWN AGENDA LA ... WE MINORRITY CANT DO MUCH AEH .... WISH CAN GIV THE LONG TIME INVESTOR A BIG SURPRISE LAAAAAAA

tjhldg

27,218 posts

Posted by tjhldg > 2014-10-26 00:03 | Report Abuse

yups ... and the most welcome .... we need more like Dr Yu in bursa ... hahhahaha thanks mr tan for sharing .... good nitezzzzz

Joel

4,580 posts

Posted by Joel > 2014-10-26 08:07 | Report Abuse

Calvintaneng,
Are u sure NTA for Bjcorp at RM13.00 ?

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