Too much property lying idle ,make RM20 plus million for the recent disposal of land n building in Shah Alam.Another EXTRA 20 million ringgit gain n CASH in kitty.TOO CHEAP too ignore.and when it start pushing the price UP it will SKYROCKET and now is only MINOR JACKING UP.
Starting to declare some dividend , might declare some special dividend when the sale of land disposal is completed next year with the EXTRA CASH in hand .Too much cash in PM CORP kitty. Sales and revenue will go up for the next quarter after so many stores opening up ,hopefully stores are properly located in GOOD up and coming mature township like SETIA ALAM/ BKT RAJA..
If FORTRESS investment fund can buy into it for it GROWTH FUND holding,it is only the beginning for other fund to join the band wagon and look into PMCORP holding A&W franchise in Malaysia and expanding the FAST FOOD chain outlets aggressively with moderately GOOD results so putting it CASH into good use.
Most of this FAST FOOD outlet are not doing well during weekday but during the WEEKEND the business are very robust.During weekday they have very good HOME delivery sale and their basic cost of making the FAST BFOOD is more than 100%.A & W is making money but KFC,Mcdonald are the leader in Malaysia and slightly ahead of MARY BROWN
As i said before WHAT TO EXPECT from A & W when BJ FOOD and SUSHI KING both are not doing well but I will buy it back at 15sen for long term investment if it do fall back because of a PROFIT GUARANTEE from the A & W vendor.
Lassy, profit guarantee for one year only? Sale of industrial land in Shah Alam will likely complete by nov 23. 41mil coming in. Hope they are able to generate income from cash coming in or better give us bigger dividends.
PM CORP shares price hardly move for the past one year so I don't expect the price to fall to 13sen ,15 sen 16 sen maybe under MARKET CRASH scenario, unlike BJ FOOD and TEXCHEM shares price that have shot up more than 100%.Nothing much can do now when it share PRICE is not falling attractively low enough to pick it up.
A&W Restaurants (also known as Allen & Wright Restaurants) is an American fast food restaurant chain distinguished by its burgers, draft root beer and root beer floats. Being the oldest restaurant chain in America, A&W's origins date back to 1919 when Roy W. Allen set up a roadside drink stand to offer a new thick and creamy drink, root beer, at a parade honoring returning World War I veterans in Lodi, California. Allen's employee Frank Wright partnered with him in 1922 and they founded their first restaurant in Sacramento, California in 1923. The company name was taken from the initials of their last names – Allen and Wright. The company became famous in the United States for its "frosty mugs" – the mugs were kept in a freezer and filled with A&W Root Beer just before being served to customers.
Evolving into a franchise in 1926, the company today has locations in the United States and some Southeast Asian countries, serving a fast-food menu of hamburgers, hot dogs and French fries. A number of outlets serve as drive-in restaurants that have carhops. Previously owned by Yum! Brands, the chain was sold in December 2011 to a consortium of A&W franchisees through A Great American Brand, LLC. A&W restaurants in Canada have been part of a separate and unaffiliated chain since 1972.
It all depends on management of pmcorp. if management is bad, anything can be screwed up
Wendy's shut down coz local Malaysians paid salaries refused to take orders from customers. Customers order food, Wendy's cashier says "What?" repeats "What?" "What?""What?" or "apa" "apa" "apa" non-stop until customers walk away without buying anything. 🤣👍
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > Sep 27, 2023 6:29 AM | Report Abuse X
Blog: 10 ANNIVERSARY IN i3 INVESTOR FORUM (LOOKING AT PM CORP PERFORMACE) Calvin Tan
When Calvintaneng created this thread, it was an interesting heading. He obviously was highlighting his 10 years involvement in i3 and in particular highlight PM Corp performance.
My study of investor behaviour and psychology means another wealth of information on this topic can be gained from studying his posts in the early years of his involvement in i3, particularly in PM Corp promotion.
Not surprisingly, it was a treasure house to study behavioural finance.
I was interested to understand what happened to PM Corp before calvintaneng's promotion, during his promotion and after his promotion of PMCorp. Also, how the readers reacted. How sophisticated were those who followed calvintaneng? How did they make their investing decisions? How good was calvintaneng's PREDICTION or PROMOTION of this stock? Given his unopposed promotion, how effective was his style? How easily or how difficult it was to promote a stock? How many contrarian views? (Actually, I discovered during the early period, very few actually. But the few who expressed were very good, in particular, Fabien. I subsequently studied Fabien's approach in investing from his/her posts in this site.)
For the early posts of PMCorp now being ?deleted or ?not accessible, just points to only one thing. calvintaneng was not proud for his early promotion of PMCorp to be revealed and dissected objectively and factually.
There he goes again, just promoting and as Mr. See mentioned, boasting.
To our administrator in i3
My thanks to you on your thankless role.
However, our administrator in i3 should be more careful in looking at issues from many aspects before complying to requests of one group or another. I have never flagged any one in this i3 forum. If they are proud of their postings, they should let these remain forever. If they are not proud of their postings, why posted in the first place?
>>> Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > Sep 21, 2023 9:52 PM | Report Abuse X
calvintaneng of Netx fame promoted PMCorp at 15 sen on 20/9/2012 as he posted. Yet, I believe the majority of those who invested into this counter AFTER his recommendation or promotion, probably LOST money. Do you agree, Calvintan? >>>
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....