Latest Forum Topics /
PSC Corporation
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Neglected, Illiquid, Undervalue, Recovery counter.
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Laulan
Master |
21-Nov-2011 11:10
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PSC Corp's reported NTA is 50+ cents.  Now it is quoted at 0.17 cents.  I tthink this guy will be a candidate for delisting, and help make the directors millions of dollars.  This is only my forward looking statement and it is just a belief that none of you wants to come true.So if you cannot accept it, sell now.  Of course, at a compulsory offer, you got no choice but to give in.  This is the ugly side of stock market.
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louis001
Master |
21-Sep-2011 09:13
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Quote"   as long as Sheng Siong don't do anything out of the core business " Sheng Siong ,   one of top 20 shareholders of China Hongxing...2010.   http://i56.tinypic.com/15xwe83.jpg
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Laulan
Master |
21-Sep-2011 09:01
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Sheng Shiong has yet to show us some results as IPO. But PSC has given out dividends quite regularly.  However, SS is still a good bet to put some money in when the price is right.On PSC Corp, assuming that what you heard is true, and double confirmed, (chuckles) how much will be the loss per share? 
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chinton86
Veteran |
21-Sep-2011 08:18
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Sheng Siong will be much better as long as no Hong Kong people controlling the company. In short, as long as Sheng Siong don't do anything out of the core business " Eg. Investing in China HongXing and be their Top 20 Shareholders" , they will definitely be much better. | ||||
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louis001
Master |
20-Sep-2011 21:40
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  will Sheng Siong becomes like PSC in future or will   be much better in future ??? PSC Corporation Ltd (“PSC”) was incorporated in Singapore on 17 May 1974 to provide the best in daily essential needs to consumers.  PSC’s strategic direction is reflected in its focus on its two business clusters – Consumer Essentials and Strategic Investments.  Listed on 25 October 1990 on SGX Mainboard |
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Laulan
Master |
20-Sep-2011 19:02
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Aiyo, I understand that a bitch is always doing bitchy things. Which woman board, do you know who? There are two of them  I think this kind of transaction being an interested party transaction is not openly known or read in the news. It is an offence if SGX knows about it. OK, no wonder the share price is less than half of reported net asset backing.
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chinton86
Veteran |
20-Sep-2011 18:48
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I believe they bought notes from it's HK major shareholder's company and now, the company got problem paying the coupons of the notes bought, meaning the investment money must be gone (The so called loan to major shareholder). I heard the board(a woman) that the notes is paying about 10% coupon. Too good to be true la......Think the investment in the notes bye bye liao la.... | ||||
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Laulan
Master |
20-Sep-2011 16:41
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PSC share price is only worth half of its books. Some rich man cannot calculate. Should buy up the bugger and dismantle its assetsfor a clean profit.  Hahaha.
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Hulumas
Supreme |
28-Jul-2010 15:12
Yells: "INVEST but not TRADE please!" |
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It is an undervalued stock worth watching! | ||||
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