PSC Corporation    Last:0.35    +0.005

Those analysts must be sacked

Look at Laulan's yahoo chart. It is uptrending.

Laulan      ( Date: 23-Jul-2009 09:17) Posted: Chart shows uptrend. Price piercing up the short and medium term averages. MACD crossing up as well. Bullish trend coming.

 

Few investors preferred this stock, I for one.  But I think I want to change perception.  This share could be a gem.  When someone is interested, it shall at least be above 50 cents. 

knightbridge      ( Date: 23-Jul-2009 19:30) Posted: I think the long-term prospect is becoming harder for PSC to multiply it net profit. With new and stronger competitors expanding aggressive.. Sheng Shiong... NTUC Fairprice... Dairy Farm Cold Storage...  Hypermarket and Distribution centre for the competitors are improving very fast.. I benchmark PSC to these competitors. But at least the stock still move up... Vested for annual report but i find not very exciting..

 

I think the long-term prospect is becoming harder for PSC to multiply it net profit. With new and stronger competitors expanding aggressive..

Sheng Shiong... NTUC Fairprice... Dairy Farm Cold Storage...  Hypermarket and Distribution centre for the competitors are improving very fast.. I benchmark PSC to these competitors. But at least the stock still move up...

Vested for annual report but i find not very exciting..

 

Thanks for sharing, puts this in perspective.

ET88888      ( Date: 23-Jul-2009 13:44) Posted: Pardon my comments on this counter.  I have invested and lost substantially over the past 10 years.  This is the worst counter of all the stocks listed.  Despite making profits every year, the price is not moving upwards and but always inch downwards.  The management is not interested in their share prices.  Perhaps they are knowledgeable only on wet or dry markets and maybe not literate enough to deal with the stock markets.  It makes you feel even worse when they are giving away money so easily on TV.  My advice is bypass this.

 

This is not a speculative counter. The company has been buying the stocks and booking them as treasury shares.  They have not collected enough becuase if  a company buys back its shares to treat as treasury shares, they will want to realise some good gains later on or else no point planning to use capital to buy its own shares in the first place.  Waste time waste money for what?  So once they have enough, you just watch and see they would play up the counter like crazy.  I don't know when it will happen, but I think soon, very soon.  Cheers, not to influence you to buy or sell.  Just make own judgement!

ET88888      ( Date: 23-Jul-2009 13:44) Posted: Pardon my comments on this counter.  I have invested and lost substantially over the past 10 years.  This is the worst counter of all the stocks listed.  Despite making profits every year, the price is not moving upwards and but always inch downwards.  The management is not interested in their share prices.  Perhaps they are knowledgeable only on wet or dry markets and maybe not literate enough to deal with the stock markets.  It makes you feel even worse when they are giving away money so easily on TV.  My advice is bypass this.

 

haha...Had too agree with you. I really few sad for those people like you

ET88888      ( Date: 23-Jul-2009 13:44) Posted: Pardon my comments on this counter.  I have invested and lost substantially over the past 10 years.  This is the worst counter of all the stocks listed.  Despite making profits every year, the price is not moving upwards and but always inch downwards.  The management is not interested in their share prices.  Perhaps they are knowledgeable only on wet or dry markets and maybe not literate enough to deal with the stock markets.  It makes you feel even worse when they are giving away money so easily on TV.  My advice is bypass this.

 

Pardon my comments on this counter.  I have invested and lost substantially over the past 10 years.  This is the worst counter of all the stocks listed.  Despite making profits every year, the price is not moving upwards and but always inch downwards.  The management is not interested in their share prices.  Perhaps they are knowledgeable only on wet or dry markets and maybe not literate enough to deal with the stock markets.  It makes you feel even worse when they are giving away money so easily on TV.  My advice is bypass this.

 

From a neutral point of view,non TA view and someone who's not vested in this counter, PSC financial result this year would be the best comapre to previous few.

 

Dear Mr Laulan, 

If you ask me to trust you or Analyst.

My answer is you!!!!

I'm honest, Usually after hearing good feedback from someone i will study the background and its Financial Report before taking action.

Eventually i blame no one if i don't make money.

Sincerely.

Laulan      ( Date: 23-Jul-2009 11:03) Posted: This is for sharing what I have observed. Normally it is hard to pick a stock that you are sure is going to win big for you.  So there are many styles of trading in stocks that investors use.  In FA alone, there are a wide range of data that a fundamental analyst would use to conclude whether one should buy or sell a stock.  This also not necessary mean the conclusion is always true. Sometimes it may turn out to be wrong.  The reason for the analyst making a wrong prediction could be due to subsequent change in the market scene that the analyst could not predict.  Another reason could be the over reaction to a reccommendation causing an overbought or oversold situation.  Many times I see the analysts recommendations go in a different direction.  They may say "fair price $2.00" but the market after hearing this may do the price down to $1.00 just to catch the followers.  So be very careful looking for tips.  Cheers.

 

This is for sharing what I have observed.

Normally it is hard to pick a stock that you are sure is going to win big for you.  So there are many styles of trading in stocks that investors use.  In FA alone, there are a wide range of data that a fundamental analyst would use to conclude whether one should buy or sell a stock.  This also not necessary mean the conclusion is always true. Sometimes it may turn out to be wrong.  The reason for the analyst making a wrong prediction could be due to subsequent change in the market scene that the analyst could not predict.  Another reason could be the over reaction to a reccommendation causing an overbought or oversold situation.  Many times I see the analysts recommendations go in a different direction.  They may say "fair price $2.00" but the market after hearing this may do the price down to $1.00 just to catch the followers.  So be very careful looking for tips.  Cheers.

 

No dear, I believe there is no such thing as a good stock waiting to be bought. All stocks are priced at where there were when you see it today.  It is only the future most people forecast for what they thought a good buy.

Likewise for PSC, I think it is just an average stock, much diversified into trading of our daily neccesities, like rice and provisions.  It also has many other investments and associated companies as can be read from their website.

Anyway, I have got in at various prices from 15, 16, 20 and 21.  Have sold some at 24 cents about a month back.  Waiting to sell 25 cents if it goes up, frankly speaking.  Hahaha.

But honestly I still believe in this stock to return to its glorious days!  Cheers.

wongmx6      ( Date: 23-Jul-2009 10:13) Posted: Hi Dear, If you thought this was a good stock, you should share with us before the price inch up.   Laulan      ( Date: 15-May-2009 11:28) Posted: Many analysts should be sacked from their work.  Why? You look at the splendid performance of many companies and they were pretensiouly ignored as though nothing good has happened to these good performers. PSC Corp a very good example of a GEM.  Its revenue and profits have shown to be on the move, eps shot up, nta more than double the market price and yet nobody seems to notice, except me and I am buying.  Of course there are some big guys slowly collecting. That is why many analysts must be sacked from their jobs.

 

Hi Dear,

If you thought this was a good stock, you should share with us before the price inch up.

 

Laulan      ( Date: 15-May-2009 11:28) Posted: Many analysts should be sacked from their work.  Why? You look at the splendid performance of many companies and they were pretensiouly ignored as though nothing good has happened to these good performers. PSC Corp a very good example of a GEM.  Its revenue and profits have shown to be on the move, eps shot up, nta more than double the market price and yet nobody seems to notice, except me and I am buying.  Of course there are some big guys slowly collecting. That is why many analysts must be sacked from their jobs.

 

Chart shows uptrend. Price piercing up the short and medium term averages. MACD crossing up as well. Bullish trend coming.

 

Long term PSC business model is quite tough.. My view is with singapore coming up with so many hypermarket like sheng shiong, NTUC Fairprice, Carrefour and Giant..

The pie look very saturate for provision shops

 

okok....Since u have the confidence, its good. By the way, if u invested deep deep, think u should know that this management is the 1 tat cause the co to lose big in Sobe soy milk products.

PSC also loses alot of money in "Intraco as well as a Pac Cen Top 20 shareholder" think they bought Pac Cent at ard 10-40 dollars and now worth ard 4 dollar on a before stock split basis. 


 

 

Are you satisfied with this great improvement of its results? It is impressive hoh?

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_294732B9DE7DFB81482575B0003047EC/$file/PSC-Q1Announcement.pdf?openelement

 

You mentioned Supercof.? I knew from announcements that iit previously bought a stake in PSC Corp. Supercof is now doing 46 cents per share.

 

Pleasure.  My friend was working there but now left, being head hunted.  Yet he was telling me that the co is ok lah.

 

Thank you Keepnosecrets.  Iwanted to reply the same thing.  Must have same thought waves.

keepnosecrets      ( Date: 15-May-2009 12:08) Posted: No need to pray for anybody vested. Pray that you don't miss out some gains.  Figures will show.  I am not working for PSC, but I feel that you might be previously but now no more..  If what you think is so bad, why big corps like Supercof wants to put money in it?

 

No need to pray for anybody vested. Pray that you don't miss out some gains.  Figures will show.  I am not working for PSC, but I feel that you might be previously but now no more..  If what you think is so bad, why big corps like Supercof wants to put money in it?