Highlights
KLSE: MULPHA (3905)       MULPHA INTERNATIONAL BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
2.38   -0.03 (1.24%)  2.35 - 2.43  468,100
Trade this stock and win a FREE I3investor T-shirt after 5 trades. Find out more.

Overview

Market Cap: 761 Million
NOSH: 320 Million
Avg Volume (4 weeks):848,516
4 Weeks Range:2.05 - 2.53
4 Weeks Price Volatility (%):
68.75%
52 Weeks Range:1.15 - 2.53
52 Weeks Price Volatility (%):
89.13%
Average Price Target: 1.04
Price Target Upside/Downside: -1.34
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2021 [#2]  |  25-Aug-2021
Next QR | Est. Ann. Date: 30-Sep-2021  |  26-Nov-2021
T4Q P/E | EY: 16.57  |  6.03%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 9.749  |  0.24
T4Q NP Margin | ROE: 5.49%  |  1.47%

Headlines

Date Subject
20-Jul-2021 马化国际挑战RM2.52/敏源
17-Jul-2021 热门股:马化国际 上挑RM2.50
07-Jul-2021 Trading Stocks - Mulpha International
23-Jun-2021 PublicInvest Research Headlines - 23 Jun 2021
23-Jun-2021 Mplus Market Pulse - 23 Jun 2021
16-Feb-2021 Mplus Market Pulse - An Ox-picious start
13-Jan-2021 Mplus Market Pulse - 13 Jan 2021

Business Background

Mulpha International Bhd is an investment holding company. The Company, through its subsidiaries, is engaged in property development and investment, infrastructure and civil construction. Its business is organized in two segments, Property, and Hospitality. Property includes property development and investments. Hospitality includes hotels and service apartments ownership and operation.
Analyze this stock with MQ Trader system

  14 people like this.
 
Bgt 9963 Post removed. Why?
17/07/2021 9:04 AM
Bedakong116 Also the market cap now only 700m and hence max buy back is 10% or 70m leaving 400m for some Div distribution like Pelikan. Pls write to Co as well as MSWG or Bursa....
17/07/2021 9:20 AM
Bgt 9963 Post removed. Why?
18/07/2021 11:23 AM
360Capitalist Some major corporate exercise coming ??

1) Special Dividend distribution ?
2) Share Buy Back by company to reduce freefloat shares in market and follow By General Offers by Major Shareholders to take the Company private and Delisted.
Based on NTA of RM10.00+, any attempts to take the company private will have to increase the offer at least few times higher from current level.

All is possible. Just wait to see what come next...

Remark :-
SBB is very consistent and remarkable move by Company and openly tell the market it is Highly undervalue against the fundamental of company which can turn into Net Cash by simply dispose one of the Investment, Please bear in mind that the company has not do any revaluation on its assets and landbanks for many years. Most land assets were bought 20 to 30 years ago.
80% of company's business revenue earner is in Australia and Leiisure Farm is owned by Mulpha International Berhad.
19/07/2021 9:51 AM
Bedakong116 Very good analysis above. I estimate major shareholders probably own 60%+ based on companies linked. A share buyback likely increase this to 70%. Should delist here and relist in ASX!!
19/07/2021 11:01 AM
360Capitalist Hopefully the Special Dividend will announce with completion of On-Line Education disposal deal with KKR.
19/07/2021 11:24 AM
stockraider Correctloh...just buy mah!

Cheap mah!
19/07/2021 12:13 PM
kion11 at NTA about RM10.00 , disposal of business and status, possible special dividend soon
19/07/2021 1:09 PM
360Capitalist With latest disposal of on line education, the NTA is further increase by RM1.30 and improve latest NTA to around RM11.10. If share price trade atRM3.00, it is 72% discount from its NTA.
This share is truly undervalue even if it is trading at RM5.50 (-50%), at RM7.70 (-30%) discount against NTA . Since 80% of its business is in Australia, it is better take private and float in Australia to unlock its true valuation.
19/07/2021 2:13 PM
Bedakong116 Meanwhile write to MSWG to lobby company to pay dividend from the disposal since it has not paid dividends for more than 10 yrs!!!
27/07/2021 10:22 AM
Bedakong116 2Q results 10cts earnings! NTA almost RM10 per share not to mention the super profits fr EP sale to be completed in 3Q.Alsp most of Australian assets acquired many years ago so plenty of potential revaluation surpluses!
25/08/2021 8:11 PM
TheContrarian I think share price still below last rights issue price if not mistaken.
25/08/2021 8:19 PM
TheContrarian In 2016 rights issue price was 25 sen, then ten shares consolidated into one share which means adjusted rights price is RM2.50 and there was not a single payment of dividend since ...... since when? When was the last time a dividend was paid?
25/08/2021 8:22 PM
Bedakong116 No dividend ever paid I believe but company assets looks fundamentally good. Abit like Berkshire Hathaway where there is no dividends!
25/08/2021 10:01 PM
chinaman Better delist, relisted at AUX. MY just too poor, under appreciate this AU/ NZ property jewel. Each quarter with proven positive profit, but still I C B C....
26/08/2021 9:39 AM
Bedakong116 If the earnings momentum in 1H continues into 2H and add EP disposal gain, EPS this year will be RM1. 70 vs share price of RM2. 16.....not to mention estimated RNAV of around RM12-13!!!
26/08/2021 10:08 AM
Bedakong116 There is no reason why the company's shares cannot trade above the price of the rights issue of RM2. 50 after 5 years given that most of their assets are in Australia and the property market there has been growing for past 2 years. Also is a very good hedge against the issues in Malaysia. But perhaps not many people are aware!!
27/08/2021 6:10 AM
goldenluck16 First target price 2.50.
30/08/2021 11:16 AM
tradesafely monitoring
31/08/2021 3:01 PM
Bedakong116 Mulpha owns the ultra luxurious Hayman Island resort where the 168 rooms go for AUD1k per night. Mulpha can easily sell it for AUD300m today against its book value of just over AUD110m.
31/08/2021 3:30 PM
Bedakong116 Also the Intercon Sydney has the best views of Opera House, sea and the Royal Botanical Gardens. It is carried in books at Aud 200m for a 509 room hotel bought in 2004 or Aud400k per room. Westin Sydney was bought by East t
01/09/2021 10:08 AM
Bedakong116 Bought by Spore Far East/ Sino Land for over Aud 1.2m per room! Based on that Intercon Sydney must be worth at least Aud500m!! It is also undergoing a refurbishment to be ready next year when hopefully international travel resumes!!
01/09/2021 10:11 AM
Invest_888 Bought @ RM2.33.
Airline stocks are already go up so much. Mulpha time to takes off to the sky.
02/09/2021 1:29 PM
Bedakong116 Next year EPS will explode as hotel will be very profitable and add to property earnings! Now is loss making. So PE will drop to low single digits I reckon. Now at 1H is already 18cts per share.
03/09/2021 6:08 AM
Bedakong116 While the crown jewel of Mulpha is its Australian assets it also owns a large tract of land near the 2nd Causeway called Leisure Farm. This was bought in the early 1990s when land was cheap. U can imagine what the land value is now despite the oversupply situation in JB but Leisure Farm is all about landed and sustainability living which is the vogue now
04/09/2021 10:28 AM
Bedakong116 What is also little known is that Mulpha also owns 900 acres of land KLIA when it won in the courts to get back last year. The land is carried in its books at just over RM100m but if u look at the prices developers are paying like Scientex and Gamuda not too far away the land is worth easily 400-500m. These are extra bonuses for investors!!! Happy investing....
04/09/2021 10:32 AM
Godblessyou broke 52wk high... TP3 next stop...
06/09/2021 3:26 PM
Bgt 9963 Gogogo...
06/09/2021 3:31 PM
wallstreetrookie I hate to disappoint some of you here. But this company is giving me Maybulk vibes
06/09/2021 9:30 PM
wallstreetrookie It will continue in an uptrend but Goldman Sachs has lot of shares to dump haha
06/09/2021 9:33 PM
wallstreetrookie I mean Morgan Stanley
06/09/2021 9:33 PM
thesteward Bedakong You are right
06/09/2021 9:43 PM
thesteward Nta ard rm9-7 .
06/09/2021 9:45 PM
thesteward Now not even trading at 1/3 of the value
06/09/2021 9:45 PM
Bedakong116 A quick check at latest annual report shows Morgan has only 3.8m shares. Not alot
07/09/2021 7:47 AM
Bedakong116 If everything goes according to announcement once Education Perfect sold NTA will rise to about RM11 but that is before revaluation of the Australian and Malaysian hotel and property assets..
07/09/2021 11:56 AM
thesteward Yes bedakong v good analyses . If revalue Aust property Lagi hoh sheh
07/09/2021 2:24 PM
Bedakong116 Looks like the company already recognise that their own shares are undervalue and today bought a record 1.9m shares!
07/09/2021 7:31 PM
goldenluck16 Coming target price...2.86
08/09/2021 2:21 PM
Bedakong116 The IR dept could improve and market the company more. It seems they are more Aussie centric as their website is based on Mulpha Australia. If properly sell their story locally can easily increase their market cap to RM1bn or RM3.1 or 25% fr now... Certainly they are oriented towards Australia and in Msia they have a separate Leisure Farm website.
09/09/2021 8:26 AM
Bedakong116 Company buyback another 1m shares yesterday
10/09/2021 2:10 PM
goldenluck16 Time is ripe for another strong uptrend. Don't miss the boat.
11/09/2021 12:21 PM
Bedakong116 Good time to accumulate as the best is yet to come esp their Aussie property and hotel bizness.
13/09/2021 2:52 PM
tsongi346 https://www.mulpha.com.au/portfolio/real-estate-development/norwest-city/
13/09/2021 3:27 PM
Bedakong116 Norwest City development is an AUD3bn 10 year development with connectivity via metro to Sydney and great place to live..
13/09/2021 5:01 PM
Bedakong116 https://www.reuters.com/article/australia-economy-houseprices-idUSKBN2GA043
14/09/2021 5:21 PM
thesteward Maybe tp first come back later
15/09/2021 6:09 PM
Bedakong116 Approval obtained fr NZ authorities to dispose Education Perfect. Completion date is 30 Sep. Expected gain is RM455m! 3Q will be RM1. 34 EPS!!!
15/09/2021 9:15 PM
goldenluck16 Accumulate for medium term.... super earnings from the sale of

EDUCATION PERFECT GROUP LIMITED.
15/09/2021 9:44 PM
Bedakong116 Imagine a company with market cap of less than RM800m earning RM422m with potentially another RM20m earn out in 2022!NZD has strengthened further vs RM so the amount coukd be higher..
16/09/2021 2:48 PM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends
 
 

452  498  551  764 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 KNM 0.265+0.005 
 FINTEC 0.0250.00 
 DNEX 0.80+0.04 
 EMICO 0.665+0.14 
 AT 0.06-0.005 
 PASUKGB-WA 0.0150.00 
 KTG 0.140.00 
 PASUKGB 0.1150.00 
 YB-LA 0.0750.00 
 TFP 0.225+0.005 
PARTNERS & BROKERS