PSC Corporation    Last:0.345    -0.005

Company bought good amount of shares

Ekekeg, you predicted very zhun leh.  Now they nearly triple their profits and are resuming to pay dividends.  NTA has increased to above 50 cents.  Huat liao for many of you all.!!  More huat ah..

ekekeg      ( Date: 07-Jan-2010 14:16) Posted: I agree that food demand is always there.  Chinese New Year festivities will definite increase demand for food supplies, thus assuring this guy of ample profit to pay dividends soon.  Hope they resume paying dividends.

 

I believe it is good news.  People like to gamble, and this is in the human blood.  But PSC corp should not be too involved in this line of business as it is primarily suppliers of food and provisions.  After people lose too much money, then how to buy food and provisions?  Hahaha!.

 

 

PSC Corp going into lottery business in Cambodia, wowlan yo!  Is it ok?  Cambodia is opening up and the company has bought a  25% stake in a "new" lottery company with a 30 year licence to operate in the Kingdom.  It is said that this will contribute to the financials of the company for 2010.  How's that going to be when the operation has not started? Anyone with knowledge about this acquisition and betting business in Cambodia, please say something here so we can understand better?

ekekeg      ( Date: 07-Jan-2010 14:16) Posted: I agree that food demand is always there.  Chinese New Year festivities will definite increase demand for food supplies, thus assuring this guy of ample profit to pay dividends soon.  Hope they resume paying dividends.

 

Nobody wants to sell cheap leh!  I queue neck long long, always get few lots.  I want 300 lots.

alexchia01      ( Date: 08-Jan-2010 11:16) Posted: Sad to say that there is just not enough volume to get this stock moving. This maybe a long wait.

 

Sad to say that there is just not enough volume to get this stock moving. This maybe a long wait.

 

Tks.  I huat you aso huat.  All will huat when it cheongs above 40 cents.!

hotokee      ( Date: 08-Jan-2010 11:02) Posted: Laulan, you really huat man!

 

Laulan, you really huat man!

 

Wah, yesterday I received a very beautiful catalog from PSC Corp.  Very classy.  Hope its share price also enter a new phase of bullishness.  Vested.  Will consider further buying.  Cheers.

 

I agree that food demand is always there.  Chinese New Year festivities will definite increase demand for food supplies, thus assuring this guy of ample profit to pay dividends soon.  Hope they resume paying dividends.

 

When nobody wanted it, I was buying slowly at abt avg 21 cents.  Now good profit, but I am hold because its Net asset is around $0.48 and company has solid cash and they bought back alot of their own shares.  Goto sgx website and you can read the purchase, or goto the company's website for more.

Congratulations for those holding firmly. 

hotokee      ( Date: 07-Jan-2010 11:31) Posted: Finally, it is moving.  Have watch it from below 24 cents.  Now breaking up further.  If you want to wait till 50 cents, it should not be a problem.

 

Finally, it is moving.  Have watch it from below 24 cents.  Now breaking up further.  If you want to wait till 50 cents, it should not be a problem.

 

Over the last two years, the company directors have bought this swan for a song. If they were to cancel these shares, PSCC should be able to move up above 50 cents.  But if they were to treat the purchases as treasury shares, it would be good too.