calvintaneng Refreshing Our Figures for MphbCapital (USApg comments on Nov 12th, 2015)

1) CASH RM425 MILLIONS (Now Even More)
2) 5.9 acres Imbi Lands (5.9 acres x 43560 sq ft at Rm2,800 psf) = Rm719 Millions
3) 1700 acres Pengerang lands (1,700 acres x 43,560 sf ft x Rm30 psf) = Rm2,2 Billions
4) 83 acres Penang (83 acres x 43,560 sq ft x Rm150 psf) = Rm542 Millions
5) 15 Acres Flamingo KL (15 acres x 43,560 sq ft x Rm500 psf) = Rm326 Millions
6) Famingo Hotel Penang = Rm100 Millions (too cheap lah)
7) 51% Stake in MP Insurance = Rm300 Millions
8) Rawang 265 acres & Gombak Lands 324 acres = Rm300 Millions
9) MP Credit = Rm120 Millions

Total Net Net is Rm5.032 BILLIONS

Total Shares is 715 Millions

So NET NET Is Rm7.03 Per Share!

If Pengerang Lands Valued at Rm50 psf then add another Rm1.481 Billions

Then NTA Increased to Rm9.10 per share!

At Rm1.45 MphbCap is Selling at a Whopping 85% Discount to NTA.

Both Walter Schloss & Ben Graham would be dancing hand in hand if they come across Mphb Capital in their time!

Stop Press! Stop Press!

Extra! Extra!

Our Friend USApg missed out on another Rm1.09 (For Investment Securities!!)

So Rm9.10 + Rm1.09 = Rm10.19 Per Share

WOWEEEEWOOOOOHHH!!!!

Mphb CAPITAL ALREADY A BLUE CHIP!!!

Last time when CMSB was Rm2.20 people predicted CMSB's a future Blue Chip because it has Many Hidden Assets Including a Bank. As time passed CMSB Crossed Rm10.00 & split.

Question is.

When will Mphb Capital Cross Rm10?