THE INVESTMENT APPROACH OF CALVIN TAN

MULPHA - THE OVERSOLD VALUE STOCK IN BOOMING ISKANDAR

calvintaneng
Publish date: Mon, 15 Feb 2016, 03:25 PM
calvintaneng
0 1,803
Hi Guys,

I have An Investment Approach I which I would like to all.

MULPHA’S LEISURE FARM – THE SHANG RILA FOR S’PORE MILLIONAIRES

Just 5 Minutes’ Drive From Singapore 2nd Link Bridge Mulpha’s   Greets me on the Right Side of The Plus Highway. So Near Yet So Far. Why? You see, when PLUS Built The Highway Over 10 Years Ago they did not create an access road to Leisure Farm. So Mulpha has Visibility But Not Accessibility. To reach Mulpha’s Leisure Farm you have to take a long & winding detour through Gelang Patah Town Centre  by the 2 lanes track.  And at night driving here could be dangerous. That’s why Sales have been slow & prices of Properties Here Trailed behind Ledang Heights & Medini  which have better accessibility.

THE EXPLOSIVE TURN  OF FORTUNE FOR LEISURE FARM

Finally, LEISURE FARM’s Wind Of FORTUNE IS BLOWING.  UEMS & MULPHA Has Entered Into A Joint Venture To Transform The Entire Area With 3 New Connecting Interchanges! And With The Stroke Of Genius LEISURE FARM WILL BE THE MOST DESIRABLE HOTTEST HOUSING ENCLAVES FOR SINGAPORE’S MILLIONAIRES & BILLIONARES. LEISURE FARM WILL BE ONLY 5 MINUTES AWAY FROM TUAS, SINGAPORE! The Last Has Become FIRST!!! Surprisingly, Many Are Still Unaware of The Fortuitous Turn of Event. Shares of Other Iskandar Developers Have Been Chased Into The Stratosphere While MULPHA’S SHARE PRICE Languish at a mere 45.5 cts – A Far Cry of More Than A 1000% During Its Hey Day.

Examples are Focal Aims. Focal Aims was once traded at a low of 11 cts. Price has now SKYROCKETED to Over RM5.00 After Ecoworld bought it over. Another one is Tebrau Teguh at only 10 cts once. Price Exploded Like A Projectile To Over RM1.40 – Up 1,400%. None of the Assets by Focal Aims, Tebrau Teguh or any in Iskandar are comparable to the SUPREME LOCATION of LEISURE FARM.

Comparing Kancil or Proton Saga to Rolls Royce? Wise Investors Will Act Fast To Buy Up Properties Now in Leisure Farm. Expect LEISURE FARM Property Value To Rise Like Manhatten, London, The Hampton or S’pore Sentosa Island.

These Are The Salient Factors

1)THREE CONNECTING INTERCHANGES ENHANCE ACCESSIBILITYAccording to Renesial Leong, the property Queen of Malaysian Real Estate, prices of Real Estate will Rise by 20% to 40% when a connecting bridge or highway is built to cut short commuting time to the City Centre. This is How Permas Jaya (Know As Millionaire City in Chinese) Doubled or Tripled in Prices When The Permas Jaya Bridge was Built. Cutting Distance to JB CBD To A Mere 5 minutes from 45 minutes. Same goes for Taman Perling. Those who bought Taman Perling houses before Danga Coastal Bridge have seen their property value doubled and tripled! See My Article on “TAMAN PERLING – A SINGAPORE CENTRIC LOCATION.”

Note: It is still not too late to buy in Taman Perling as Prices Have Not Overtaken Those in Bangsar yet. In the Long Long Future – With The Spilling over of S’pore’s Billionaires & Millionaires Taman Perling will one day overtake all others in Malaysia – be it Bangsar or Penang. And LEISURE FARM? It Might Even Overtake Tokyo Someday. Japanese are fleeing a land of ever increasing earthquake & tsunami for the supreme safety of Iskandar!

2) BULLET TRAIN AT DOORSTEPS

A Check With IRDA (Iskandar Regional Development Authority) confirmed that THE HIGH SPEED BULLET TRAIN STATION WILL STOP IN GERBANG NUSAJAYA – LEISURE FARM’S VICINITY. Singaporeans Flocked To Developments around Mass Rapid Train (MRT) Station For Convenience. Expect LEISURE FARM To Spike Up In Even Higher Prices!

3) ASCENDAS TECH PARK

Ascendas Tech Park Is Borne Out Of Necessity. The Need of Spore SMEs In Its Expansion & Survival. To This End The Singapore Govt Is Actively Encouraging Spore SMEs To Shift to Iskandar and Ascendas Tech Park in particular. Expect 35,000 High Paying Professionals to Work Here. And Do You Know Where Is The Location of Ascendas Tech Park? Ha! It Is Located Within Walking or Cycling distance to LEISURE FARM.

4) THE BEVERLY HILL OF ISKANDAR

PINEWOOD STUDIO ISKANDAR Has Just Opened. Right Now The Happy Residents of LEISURE FARM Are Acting In Marco Polo The Upcoming Hot Firm yet to be released. Incidentally, Bever Hills located near Hollywood command the highest prices for Real Estate in California due to its proximity to Hollywood. Will secret agent OO7 or James Bond buy a Bungalow here in LEISURE FARM? If So Will LEISURE FARM Prices Rise Up To Match Beverly Hills?

5) MOTORSPORT CITY BY SPORE REMISIER KING PETER LIM & JOHOR SULTAN

Another RM3.5 Billions Project Within LEISURE FARM Vicinity. Donald Trump’s secret is to “Invest Where Rich People Play”. And Play They Do – With Their Ferraris & Lambhorginis & other new fangled machines – All Rich Men’s Toys Will Be Here in Gerbang Nusajaya.  These Rich Men Might Also Move  Into LEISURE FARM to stay near their treasure mah?

6) MANY MANY OTHERS – TOO MANY TO NAME.

And Time Would Fail Me To Talk About LEGOLANDHELLO KITTY THEME PARK,PUTERI HARBOUR, CHINA DRAGON MART IN GERBANG NUSAJAYA,MALL OF MEDINI, EDUCITY WITH DOZEN WORLD CLASS UNIVERSITIES,ISKANDAR FINANCIAL DISTRICT, RODEO DRIVE AND MYRIAD OTHERS YET TO COME & OTHERS STILL ON DRAWING BOARD IN THE MOST EXCITING AND DYNAMIC REGION IN THE WORLD CALLED ISKANDAR!

7) MULPHA THE MOST UNDERVALUED ISKANDAR PROPERTY STOCK

Mulpha is currently traded at 45.5 cts – about 10% of 1994 Prices When It Was Traded At A High of Amost RM5.00. The Really Amazing Thing About Mulpha Is This “MULPHA’s 930 ACRES PRIME PRIME GRADE A++ LANDS ARE STILL VALUED AT AN UNBELIEVABLE RM8.50 psf. The Entire Investing Crowd Has Missed MULPHA!!

According To Mulpha’s Management Lands in LEISURE FARM Should Be At Least RM200 psf today! So There Is Definitely A Mispricing Here.

Moreover, Mulpha Will Be Adding Value To Its Assets. Semi  Detached Bungalows Will Be Launched Soon at RM2.5 Million a Unit.

A Rough Estimate of Mulpha’s Asset Will Be

A) If Mulpha Sell Raw Lands At RM200 psf

930 acres = 930 x 43,500 ft = 40,455,000 sqft = 40,455,000 x RM200 psf

= RM 8.091 Billion divided by Mulpha’s Free Float of 2.13 Billion Shares

RM3.80 per share.

B) If Mulpha Should Build Bungalows of 3,200 sq ft sizes.

Then 43,500 divided by 3,200 = 13.5 units per acre

At RM2.5 Millions per unit =  930×13.5 x 2,500,000 = RM31.387 Billions

RM31.387 Billion divided by 2.13 Billion Shares = RM14.00 per share

So Mulpha’s Share Is Worth A Whopping RM14.00 per share if All Value is Unlocked?

Of course there is a World Class Golf Course & Other Designated Plots in LEISURE FARM That Are Fixtures. In Any Case MULPHA HAS THE GREATEST POTENTIAL TO RISE IN PRICE AMONG ALL OTHER ISKANDAR’S PROPERTY & PROPERTY STOCKS.

THESE ARE THE IMPENDING REASONS TO BUY MULPHA. MULPHA WILL DOUBLE OR TRIPLE IN PRICE. SO BUY NOW WHEN THE BUYING IS STILL VERY CHEAP!

 

MULPHA IS INDEED A SCREAMING BUY!

Do Your Own Due Diligence Buy/Sell On Your Own Decision

Note Worthy Note: Right Now In Sentosa Cove Singapore, 99 year leasehold lands have crossed RM7.000 psf. Will Leisure Farm Lands rise up to RM1.000 psf someday when Bullet Train Station Is Built Near Its Door Steps?

Photo No 1. Left Top.  The connecting  Road (Proposed)  to  LEISURE FARM at left. The 2 lanes track will be Widened Into a 4 Lanes Highway in JV with UEMS.

Photo No 2. Top Right. The Brand New 6 Lanes  Highway To AVIRA WELLNESS & LEISURE FARM From LEGOLAND.

Photo No 3.  Same As Photo No. 1 but show the PLUS HIGHWAY At Right  In The Direction  Singapore by 2nd Link – Only 5 Minutes Away!

 

LATEST UPDATE ON JULY 20Th, 2014.   12.30 pm Singapore Time. Additional Photos!

Photo No 4. THE HIGHWAY GUARDRAILS BESIDE LEISURE FARM JUST REMOVED!

Photo No 5. SEE THE RETAINING WALL OF LEISURE FARM JUST BESIDE THE PLUS HIGHWAY GUARDRAIL.

AND AT THE RIGHT TOP ARE THE WORDS LEISURE FARM“. IT WILL BE LIGHTED UP AT NIGHT.

According to Ms Renesial Leong, known as Property Queen of Malaysian Real Estate – Where There Is A New Connecting Highway Interchange or Bridge That Shorten Distance To City or Amenities, Property Prices Will Rise 25% to 40% When Infrastructure Is Completed.

Renesial Leong has written half a dozen books on Property Investments. She speaks as an authority.

Mr. Ho Chin Soon (The Map Making Expert.). Mr. Ho advocate buying Real Estate Near MRT, Connecting Interchanges  Or “FOLLOW THE INFRASTRUCTURE” FOR GROWTH.

For MULPHA There are Four: 3 Connecting Interchanges PLUS BULLET TRAIN STATION AT LEISURE FARM DOORSTEP!

Mulpha has entered into Joint Venture With UEMS to upgrade the surrounding infrar plus 3 new interchanges for a RM107 Millions Project.

This Will Add A WHOPPING RM2 BILLIONS WINDFALL TO LEISURE FARM VALUE!

This Is The Mathematical Workout

LEISURE FARM Has 930 ACRES OF PRIME LAND (1 Acre equals 43,000 sq ft)

So 930 X 43,000 = 40,455,000 sq ft.

Management Has Stated Current Value at RM200 per sq ft.

So 40,455,000 X 200 = RM8,091,000,000

And We Add 25% (The Lowest Conservatve Expected Price Increase)

So RM8.091 BiLLIONS X 25%  A WHOPPING RM2.022 BILLIONS WINDFALL!

I LOVE MATHS!  I REALLY DO!

 

 

 

 

Click on photos to Enlarge.

MULPHA’S LEISURE FARM 1 MULPHA’S LEISURE FARM 2 MULPHA’S LEISURE FARM 3

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1 person likes this. Showing 20 of 20 comments

sklyte

suddenly calvintan promote all his counters because he is stucked! haahhaha

2016-02-15 15:25

calvintaneng

BUY AS VALUE IS EMERGING

2016-02-15 15:26

kingcobra

even staffs from Mulpha never ever promote their stuffs as active as u do (WHY NOBODY PAYING ATTENTION ON MULPHA OR WHAT??????)

2016-02-15 15:52

mbs7633

no paid dividend company. this company management team will appear when they need money from u.

2016-02-15 16:31

bursahunter

this was posted on july 2014 when it was 45sens, n its only 26sens today, 0.13 sens two years ltr?

2016-02-15 17:10

Bullhunter

After this article was published in early July 2014, the price went up to a high of 55 cents and since then has dropped. Many people would have bought the stock which pushed the share to 55 cents and are now stuck with it. I don't want to be a pessimist but I just came back from JB and saw there is an oversupply. I think the price has more downward potential before it can go up to 50 cents.

2016-02-15 17:35

calvintaneng

Hi guys,

Precisely because Mulpha share price has crashed further that it is now even a far better buy than last time!

Tell you what?

I called for a buy on KPS at 50 cents. When KPS crashed to its historic low of 39 cents I still call for a buy in 2006. Next year in 2007 KPS jumped to Rm3.94 (Up 1,000%) And when KPS crossed Rm1.00 I already stopped issuing buy call.

I bought UMW at Rm2.40 in year 2004. UMW later went on to become a blue chip over Rm10.00. Did you ever see me promote UMW in i3 Forum all these 2 years? Never!
Calvin though very happy with UMW he never ask people to chase high flying shares.

On December 15 to 17 2014 I called for a Strong Buy on Jaks at 39 cents.

After Jak jumped over Rm1.20 (Up 200%) I never tell people to chase.

This is the proven time tested method of Calvin

1) BUY UNDERVALUE SHARES WITH DISCOUNT TO NTA

2) If After Buying Do a Thorough Study. If convinced and assured that everything is alright and solid fundamental intact. Do not be afraid to buy some more.

See I bought Pm Corp at 25 cents, then 20 cents, 15 cents, 10 cents.
When Pm Corp broke the 10 cents support everybody turned fearful and panic.

Calvin the lion heart (haha! chicken heart actually) with trembling hands, took up the phone and told my stock broker (with trembling voice) to buy more Pm Corp at 9 cents, then 8 cents and finally at the Rock Bottom Price of only 7.5 cents for Pm Corp! Buy Pm Corp at 25 cents? Dare to buy Pm Corp at 7.5 cents? Ha! My Stock broker thought I gone mad already!

Yes! I was mad. Very correct! Mad if I didn't buy!

Tell you what?

If I dare to buy Mulpha at 49 cents it is really a no brainer for me to buy more at 25 cents to 26 cents.

2016-02-15 20:18

somchik

That bullet train still on paper ( 5 years). Prop still weak ,(3 to 5 years). balance sheet look anaemic. The price may stagnate for 3 to 5. Unless Iskandar booming > 12% annually. .for the nx five years... I. Will jump in when price above 200sma

2016-02-15 22:14

calvintaneng

Somchik,

By then when everything is so sure and certain like Perak Corp after price crossed Rm3.60 many people jumped in.

Why not buy Perak Corp at 60 cents. Why pay Rm3.60 later?

Same for Mulpha at 26 cents. I am not surprised you will be among those who jump into Mulpha above Rm1.50 some day in the future.

2016-02-15 22:21

somchik

enter prkcorp at 60 sen waited from 2008 till 2011, the real best time 2013 to 2014 , only one year get > 150% ,, timing and duration to realise gain , out .. now better get in awc ..fast growing co with more contracts , no need worry about usd , market collapse.....

2016-02-16 10:19

leadership

Kindly indicate what the theoretical ex rights would be for Mulpha.

2016-02-16 16:30

paperplane2016

Prkcorp, mulpha, iwcity. These are all with more potential

2016-02-17 01:28

paperplane2016

Calvin bro, look into iwcity also!

2016-02-17 01:29

supermix2

Posted by leadership > Feb 16, 2016 04:30 PM | Report Abuse

Kindly indicate what the theoretical ex rights would be for Mulpha.



Brother Calvi, care to elaborate please. TQVM in advance.Cheers.

2016-02-17 01:47

paperplane2016

Jail term 'will not affect company'
By Kate Askew
November 10, 2004
Page Tools




The family of Malaysian businessman Lee Ming Tee is adamant that his public company interests will not be affected by his impending Hong Kong jail sentence.

"My father retired a long time ago and he is not involved in any of the company's affairs," his son Lee Seng Huang told the Herald last night.

Mr Lee pleaded guilty to fraud charges relating to a share placement worth $HK673 million ($114.3 million) and was sentenced late last week to two one-year jail terms to be served concurrently.

His co-accused, former financial officer Ronald Tse Chu-fai, was luckier, receiving a suspended sentence after entering a guilty plea last year.

The running of Lee's family company Mulpha International, which is listed on the Malaysian stock exchange, was taken over by Mr Lee jnr after the onset of criminal charges six years ago. He abandoned his studies at the University of Sydney to assume management of Mulpha, which he now runs from its Sydney city office in Market Street.

Mulpha's Malaysian website makes it clear that no current directors of Mulpha have been the subject of any criminal charges.

Mulpha has been on an expansionary drive in Australia in recent years. It bought the Sanctuary Cove resort in Queensland for $208 million in 2002 and earlier this year spent double that buying the Principal Financial Group's hotel assets including Sydney's Intercontinental and Hayman Island.

Lee, a sharemarket raider in Australia during the 1980s, is in a central jail facility in Hong Kong, waiting to be moved to the jail in which he will serve out his term. Taking into account good behaviour, he is expected to be jailed for eight months.

"We are satisfied that the offences he has admitted and the facts he has accepted adequately reflect the criminality which was alleged against Mr Lee," Hong Kong's director of public prosecutions Grenville Cross said in a news report on the Government of the Hong Kong Special Administrative Region's website.

"In light of Mr Lee's preparedness to plead guilty to two of the offences he faced, there was no longer any public interest to be served in pursuing this prosecution. The trial judge's endorsement of the course adopted by the prosecution in the acceptance of the pleas is welcomed."

Certainly the Lee family's financial standing does not appear to have been affected by the drawn-out court cases - the family's wealth is estimated at about $5 billion.

2016-02-17 02:37

paperplane2016

Calvin, who is this lee min tee? Nvr heard such tycoon before. Chinese name?

2016-02-17 02:38

calvintaneng

Good morning Supermix2,

If you buy 2 lots mulpha you are entitled to one rights。 You can do either of these 3.
Pay 25 cents to convert to one mulpha SHARE . or sell THE rights to others or just let IT lapse

2016-02-17 05:35

supermix2

Good morning to you too brother calvintaneng & thank you so much for your valuable information. Cheers.

2016-02-17 05:40

leadership

What would be the indicative market price of Mulpha once the rights shares are listed?

2016-02-17 13:40

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