THE INVESTMENT APPROACH OF CALVIN TAN

MULPHA'S STATISTICS FROM STOCK PERFORMANCE GUIDE By Dynaquest (Sept 2015 Edition)

calvintaneng
Publish date: Tue, 16 Feb 2016, 10:23 AM
calvintaneng
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Hi Guys,

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

These are the statistics compiled by STOCK PERFORMANCE GUIDE (SPG) By Dynaquest of Dr Neah Soon Kean

 

MULPHA INTERNATIONAL BERHAD (3905)  pp 218 (Please refer to SPG)

Don't have one? Better Go and Grab Your Copy from any Popular Book Shop or MPH Book Shop. This Sept 2015 Ed will be the last and final printed version.

 

CRITICAL STOCKMARKET INFORMATION

 

Year................Px Range.................................EPS...............................................................PER

                                                                           (Sen)                                                Price Earning Ratio.

2005 .............0.43....0.61................................2.8................................................................15.2.......21.7

2006..............0.53....1.36................................1.8................................................................29.4.......75.1

2007.............1.06....1.94.................................7.6................................................................14.0.......25.5

2008.............0.32....1.40.................................-3.8...............................................................NM  .......NM

2009............0.24.....0.60................................-3.1.................................................................NM.......NM

2010...........0.39.....0.57................................2.6...................................................................14.6....21.5

2011...........0.34....0.68.................................-2.7.................................................................NM......NM

2012...........0.38....0.50.................................-1.4.................................................................NM......NM

2013..........0.37.....0.50................................3.2..................................................................11.3....15.3

2014.........0.34....0.55..................................2.3..................................................................14.4....23.6

2015........0.27 ...0.42.................................3.5E.................................................................7.7......11.9

2016..............................................................3.7F (Dr Neoh forecasts that Mulpha might make 3.7 cents this year)

 

SPG assigned a 4 * (Four Star Grade for Mulpha) beating all these below

 

1) Mk Land  --- 2.5*

2) Tambun Indah----3.5*

3) Tropicana ---3*

4) YNH Prop----3*

5) YTL Land ---2*

6) AsiaPac---1* (Ha! AsiaPac so popular ranked by Mr Market has only 1 Star?)

7) CHHB ---3*

8) BCB--- 3*

 

Calvin comments:

As You Can SEE the behaviour of Mr Market. Mr. Market in one of his fainting fits have sold down Mulpha below 25 cents this year.

This is almost near the panic days of early 2009 when Lehman Brothers' went bankrupt due to US Subprime Crisis.

As Wise Investors We Buy From Mr. Market in his bout of pessimism now as he is dumping Mulpha shares like no tomorrow.

 

Why Calvin turns bullish?

 

Answers:

 

Mulpha as such undemanding price of 26 cents is now Selling at Multi Year lows. So downside from here is Very Limited.

Calvin's 3rd motto - HE THAT IS LOW NEEDS FEAR NO FALL

Buying FAR BELOW INSIDER/DIRECTOR BUYING PRICE

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD

MULPHA INTERNATIONAL BERHAD

 

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description MULPHA INTERNATIONAL BHD (“the Company”)
- Dealings in Securities outside Closed Period

 

 

 

Pursuant to Chapter 14, Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Lee Seng Huang, the Executive Chairman of the Company, has given notice on the change of his indirect interest in the securities of the Company outside the closed period, details as set out below:-

 

 

 

 

 

Date of Acquisition

 

No. of Shares Acquired

 

Percentage
(%)

 

Price per Share
(RM)

 

Remarks

 

04.09.2014

 

40,000,000

 

1.87

 

0.46

 

Acquisition of shares by Yong Pit Chin, the mother of Lee Seng Huang via DBT

 

 

 

 

 

 

 

 

 

This announcement is dated 5 September 2014.

 

On 4th of September 2014 Director Lee bought 40 million Mulpha shares at 46 cents. So at 26 cents we are buying at a huge 44% Discount to Insider Buying Price.

At the Recent Mulpha Meetings Company has maintained One Rights of 25 cents for 2 Mulpha Shares to proceed as proposed

 

So at this current price of 26 cents you will get One Right Share. As Mr Market is fickle he might chase up these right shares like they chase Hubline, Hibiscus or other bankrupt shares.

However, the Rights of Mulpha carry IMMENSE VALUE While Others are mere speculative junk.

And Director has confidently confirmed that they have the means and CASH to exercise their Portion of alotted Rights Shares.

 

SO CALVIN OFFERS ALL A SHARE THAT HAS VERY LIMITED DOWNSIDE BUT WITH POTENTIAL TO DOUBLE IN PRICE

 

CHEERS,

 

Calvin

 

One More thing in case you missed:

For the Last 3 Years Mulpha Has Shown Increasing profit every year. Is this not what Uncle KYY advocate? Buying shares that will show a better profit this year than last year? And showing even better profit next year?

Mulpha's P/E is now 7.7

 

Another thing is this.

If Mulpha wishes to IT CAN REVALUE ALL ITS ASSETS AND BOOK THEM AS PROFITS like Hap Seng, Eg & Seacera are doing.

So Mulpha now already selling at more than 70% Discount To NTA will look like A TRUE BARGAIN OF A LIFE TIME?

 

Please invest at your own discretion. And do YOUR OWN INVESTIGATION.

 

 

 

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Be the first to like this. Showing 3 of 3 comments

wcma

Thanks Calvin for your sharing. Keep on your good job .Although I just made little profit from your article on this mulpha but still a profit. TQVM

2016-02-17 20:50

calvintaneng

You are welcome Wcma,

Happy you made money.

Please invest carefully.

We are in a turbulent year.

So please keep safe.

Regards,

Calvin

2016-02-17 20:59

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