Collected another 132,800 Insas at avg 57.22 sen

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Today, i collected another 132,800 Insas at average 57.22 sen.
Wish me LUCK !
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Currently holding 758,100 PMCorp at avg 13.1 sen

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Has been slowly collecting PMCorp shares,
now holding 758,100 shares at avg 13.1 sen.
Wish me LUCK !
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PMCorp : Balance Sheet ~ 2010 Q3

First glance

Cash RM 104,096

Total Debt RM 65,062

Net Cash 6 sen per share.

Strong balance sheet.

How about "Net Cash Equavalent" assets ?

Net "Cash Equavalent" assets stands at (8+15-9) = 14 sen per share.
If i add "unquoted invested after provision of 14 sen,
the liquidity value will be no less than (14+14) = 28 sen.
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PMCorp current price at 12.5 sen appears "attractive" to me.
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Collected another 40,000 PMCorp shares at 12.5 sen

Pan Malaysia Corporation

Today, I collected another 40,000 PMCorp shares at 12.5 sen.

Wish me LUCK !
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