- Dear Friends & Fellow Investors,
UK Court awarded 64 milllion British pound as divorce settlements for Pauline. This could be in Part Assets and Part shares.
KUALA LUMPUR – Malaysian tycoon Khoo Kay Peng, who owns the Laura Ashley brand, has been ordered by a British court to pay £64 million (S$112 million) to his former wife as settlement for their divorce in a long-running row.
Judge David Bodey said in his ruling on Friday (April 7) that Chai should receive the divorce settlement in the form of both cash and property, the Guardian reported. The judge’s detailed judgment on how the matrimonial assets would be split is expected to be released soon, said the report.
£64 million equals to Rm354,560,000 or Rm354.56 Millions or round up figure of Rm355 millions
Currently, Pauline is staying in the Rossway Estate in Hertfordshire, England. It has a huge land size of 1,000 Acres. As to its value we need to get a Valuer from England.
While we are unsure of the exact value of Rossway 1,000 Acres Homestead we can definitely calculate the share holdings of Tan Sri KKP.
From Bursa filing Tan Sri KKP owns a total of
Total (units) | 1,395,355,289 |
Total (%) | 47.58% |
Date of Notice | 02-Jun-2017 |
47.58% of Mui Bhd Shares or 1,395,355,289 shares.
What is the total current cost? Mui Bhd last closing price is 18 sen
So 1,395,355 x 180 = Rm251,163,900
Only Rm251.16 Millions?
That’s far short of the Rm355 millions awarded to Pauline
Now what is the total paid up shares of Mui Bhd?
2,932,561,192 shares
2.932 Billion Shares?
Ha! Don’t be put off.
Actually a small sum if you add it all up. Haha!
At 18 sen closing price the total paid up value of Mui Bhd is
2,932,561 x Rm180 = Rm527,860,980
Yes the Market Values Mui Bhd at only Rm527.8 Millions only.
Is all the Assets minus all the liabilities of Mui Bhd equals only Rm527.8 Millions?
A VERY VERY BIG NO! According to Calvin Tan Research’s findings
Mui Bhd has 10 Hotels in the UK, 2 CORUS Hotels in Malaysia, A 6 acre land in Tasmania. Warehouses in Johor, Kl, Penang & Honk Kong. Apartments in Singapore, KL & USA
Over 1,000 acres Prime Lands in Bandar Springfield. 2 Prime Plots of Main Road Frontage Lands in Jalan Ampang Embassy Row.
Shares of over 400 Laura Ashley world wide
It has quoted & unquoted shares of Companies like PM Holdings, Mui Property, Pm Corp & Pm Capital
Metrojaya, East India, Somerset & Reject Shops.
THIS IS A VERY VAST EMPIRE
AL THESE ASSETS ARE SITTING ON OLD ANCIENT BOOK VALUE. IF REVALUED THEY SHOULD BE UP FROM 400% to 600% easily.
Take CORUS HOTEL AMPANG PARK For Example. It has book value of Rm56 millions. If revalued it should be around Rm400 millions. That’s 7.14 Times its Book Value. And at Rm400 Millions this One CORUS Hotel alone has more than covered Divorce settlement debt of Rm355 Millions
Of course Tan Sri KKP owns only 47.58% Mui Bhd shares. So Tan Sri’s share is only Rm190 Millions. Not enough to pay Pauline.
So we will look at another piece of Assets
CORUS HOTEL LONDON HYDE PARK
1 lot of freehold land with a 389-room hotel known
as Corus hotel Hyde Park at Lancaster Gate, London
W2 3LG (Date of acquisition: February 2001)
This one has a book value of Rm264,261,000 or Rm264.26 Millions Book Value
And what is the current Market Value of this Hotel very near to the Queen of England’s Palace?
The Malaysian owners of the Corus Hotel Hyde Park have put their freehold interest in the property up for sale for £200m.
Malayan United Industries have tasked Debutesq Group to sell the hotel, which it bought in 1997 for £44m.
The 200-year old listed Georgian building could be extended from its current 135,000 sq ft floorplate, the sales particulars said.
Alex Hayward of Debutesq Group, said: “Although the hotel has seen substantial investment over the past two or three years and is enjoying strong occupancy levels, a great deal could be done to improve revenue performance and investment return.”
Investor sentiment in London Hotels is at its highest since the beginning of the global crisis and the overall occupancy rates increasing each month due to the strong and growing demand for London hotels.
The developing interest from wealthy Chinese investors and sovereign wealth funds in the Middle East has led to a substantial increase in the value of hotels throughout London and other prime European cities
Calvin continues:
Ha! Now we know the Market Price of Corus Hotel Hyde Park is 200 million british pound
How much in ringgit?
So 200,000,000 x 5.54 = Rm1,108,000,000
THAT’S A WHOPPER – RM1.108 BILLIONS
And Tan Sri KKP Shares?
1,108,000,000 x .47.58 = Rm527.186 MILLIONS
YESSS!
That.s more than enough to pay Pauline’s Rm355 Millions debt and with lots more to spare!
Now this is possible if Mui Bhd sells of CORUS HOTEL LONDON. Do a Capital Exercise by Capital Consolidation & then A Cash Pay Out like Pm Corp did last time when Pm Corp paid a Cash return of 8 Sen.
Now if this Capital Exercise succeeds then what is the Windfall for the other 52.42% shareholders (are you one?)?
Paid up shares total
2,932,561,192
Sale of Corus Hotel London is Rm1.108 Billions
So divides 1,108,000,000 by 2,932, 561 = Rm377.82
Each one who bought Mui Bhd at 18 Sen (1,000 shares at Rm180) gets a Cash Windfall of Rm377.82
WOW!!
Now we get back our Capital of Rm180
PLUS FREE Rm197.82 CASH
PLUS FREE MUI BHD SHARES FOR FOREVER.
This was exactly what happened when Calvin bought Pm Corp at the low of 7.5 Sen
Cash Pay out was 8 Sen
So Calvin got back
Original Capital of 7.5 Sen
FREE 1/2 Sen Cash
FREE PM CORP SHARES FOREVER.
Too good to be true?
YAHOOOOOOO!!!!!
Warmest & Best Regards to All,
Calvin
Note the objections:
Answer: Just sell a few more lands or Hotels & all debts easily cleared. Selling 2 More CORUS HOTEL (KL & MELAKA) & 2 Plots of Ampang Lands if sold will settle all outstanding debts.
2) What if Tan Sri KKP refuse to settle?
That will be another answer(s)
It;s late now. Calvin will let you guys think about it.
The Court that awarded the settlement is from UK. UK jurisdiction can force justice against Tan Sri KKP in Malaysia?
And Tan Sri KKP should know Christian Stewardship. Monies we have are only entrusted to us as stewards. We don’t own anything. Naked we enter this world and we will certainly leave everything behind on earth when we die. Our souls will leave this world and we shall meet our Creator.
After all – all monies that go to Pauline will also pass on to her children (also same children of Tan Sri KKP).
So may good reason prevail.
Think on these things.
Good night everybody.
HYDE PARK CORUS HOTEL, LONDON WITH ABOUT 400 ROOMS. This Hotel is near Kensington Palace
Equivalent to a Hotel located near Pavilion in Bkt Bintang but priced in British pound.
And coming up next:
THE STORY OF BJ CORP FOR YEAR 2006 – 2007.
Note:
For those who genuinely want to know
THE "EXCITING" STORY OF BJ CORP (2006-2007) First
May Whataspp Calvin Tan at 0193384010
Please state
1) Your name
2) From where
3) Your job (optional)
This information is Free of Charge to All
Created by calvintaneng | May 10, 2024
Created by calvintaneng | May 04, 2024
Created by calvintaneng | May 02, 2024
Created by calvintaneng | Apr 29, 2024
Created by calvintaneng | Apr 27, 2024
Hahaha
ALL SO STUPID!
SEE HOW XINQUAN PERFORMED THE WORSE OF THE VERY WORSE
WHO NOT GOT THERE AND POST?
HAHAHA!!
YOU GUYS HAVE BEEN PAID BY YOUR SYNDICATED MASTER TO DISTURN CALVIN?
YOU ARE THE PAID CYBER THUGS TO COME AND DISTURB GOOD STOCKS!
GOD ALMIGHTY KNOWS WHO YOU ARE AND YOUR ULTERIOR MOTIVES.
YOU WON'T ESCAPE
BETTER SEE THIS WWW.CHICK.COM
2017-10-10 09:05
@ joetay
by diversifying into 100 over counters ( 10% of stocks in exchange ), 1 lot for each counter , without revealing averaging cost , no timeframe given
my dog can do better than him too.
2017-10-10 09:08
@patron,
i got a cheaper but equally effective method.
only need to buy a packet of peanuts only.
https://www.automaticfinances.com/monkey-stock-picking/
2017-10-10 09:13
dont think too much la Tan Eng the old fark. your recommendations all one way ticket to holland and no volume at all. Syndicates give zero fark about you. dont overestimate yourself. your just an attention seeker and i3 clown.
2017-10-10 09:13
Good morning SEEK
VERY CORRECT
LAST LAUGH
JAKS BOUGHT 40 SEN. LAUGH LAUGH
INSAS AT 65 Sen. Laughter
Rcecap at 28 sen. haha
Prestar at 46 HAHAHA!
Masteel at 66 sen Hohoho
Nylex at 58 sen huhuhu
Drb at 92 sen wahaha
Wangzng at 75 sen.wuhuhu
Kulim at rm2.50 wowee
Super enterprize at rm1.28. super duper!
The store at rm2.50. yeeeha!
Tmakmur at Rm1.38. yahoo!
Pohuat at 50 sen after split. wakaka
Myeg at rm1.00 after one for one bonus. kikiki
SO MANY GOOD STOCKS. SO MUCH LAUGHTER
HIP HIP HOORAY
2017-10-10 09:22
consider old fark recommended over 100 stocks , not a bad result still. give you one like
2017-10-10 09:26
@patron,
cannot give ur like yet.
calvin's so-called gain list is highly questionable.
allow me to highlight myeg
at 1 time he say that myeg is a 1:1 split until i told him it was a 1:1 bonus issue recently
so is calvin's gain list credible????
below is the most solid proof.
lol...........
2017-10-10 09:43
Posted by joetay > Oct 6, 2017 08:26 AM | Report Abuse X
lol...........
now i know u r really bsing.
u never talked abt call warrants b4 and suddenly there is a drb c30.
most of the stocks u mentioned r all without record of u even commenting.
why did u forget to mention ur imaginary buy on myeg??? so was there a stock split on myeg???
Posted by calvintaneng > Oct 6, 2017 08:35 AM | Report Abuse
Yes Calvin bought myeg around rm2.00 it doubled to Rm4.00 and stock split into 50/50
MyEg - My Emas Gold
Those days when MyEg rose up was exhilarating indeed!
So good indeed.
So happy now.
Posted by joetay > Oct 6, 2017 08:40 AM | Report Abuse X
bs again calvin.
there was no stock split in myeg.
now confirm u never bot myeg b4.
at least check ur story b4 spinning.
lol............
2017-10-10 09:43
Sultan Apollo
Sailang into Mui bhd kaw kaw!
SURE MAKE TONNES OF MONIES LATER.
YOU WILL BE AS RICH AS A SULTAN!
HOHOHO!
Santa claus is coming early for you!!
2017-10-10 09:47
Hold tight your Mui bhd shares.
The recent high price of 28 sen should breach first.
GOOD LUCK TO ALL WHO BOUGHT
ALL GOING TO BE VERY HAPPY!!
2017-10-10 09:49
no buy liao already miss the boat,will not chase.nvm there will be another day
2017-10-10 10:41
apolloang kor,
lucky i listen to ur advice not to intra-day punt on dutaland.
or else will be real big loss.
lol.....
2017-10-10 11:15
bplee,
u so ashamed of using ur nick of flyinghigh, is it????
now have to pretend to be fan of calvin to gain friends????
lol..........
2017-10-10 14:57
bplee no. 3 to click likes.
Very good.
Still so few click likes means Mui bhd still very cheap.
Once all media and and experts go GaGa?
Then Mui no longer cheap.
So still safe to add while others miss this
Mui boat
Mui Bhd was once Rm24.00 and all go a chasing
Mui bhd now less than 20 sen?
AMAZING!
THE BARGAIN OF BURSA.
SO HAPPY NOW!!
2017-10-10 15:36
MUI already give bonus and rights that's why paid up cap a lot not free fall from 24.00 to 20cts tan sri calvin
2017-10-10 15:51
Correct but even then price cannot go from
Rm24.00 to 20 sen.
This bombed out stock has turned into a great value buy.
This will be the next bull stock borned in pessimism.
GO GO THE MUI CHAI OF YESTERYEAR!!
2017-10-10 15:59
Alamak, this calvin keep peeping people husband & wife things & hope to make money out of it, what a low life.
2017-10-10 16:18
btw calvin,
how come most of these likes u have r all near-0 comments????
so r they new accounts????
2017-10-10 19:09
Calvin sohai, why cpo still not yet reach 6k?? U really a sochai rank bottom.200...lol
2017-10-10 19:11
Haha...i very happy when keep farking calvin...when some body come.out fark calvin, i will fark this sochai calvin more...lol...happy...haha haha
2017-10-10 19:14
i really has no idea why despite all the criticisms and the simple fact that calvin has very weak fundamental research basic, he still persists on writing stock calls.
if calvin has shown any improvement in his research quality over the yrs, it is good. but what i gather from many old hands here is that calvin is still very much the same.
2017-10-10 19:23
Vasa5431 and Bentan are nos. 5 & 6 to click "likes"
VERY GOOD!
KEEP IT UP GUYS!!!
HAPPY DAYS ARE AHEAD
THE SUN IS RISING FOR MUI BHD!!
HIP HIP HOORAY!!!
2017-10-10 19:29
@patron,
what do u think of this and only comment by bentan???
http://klse.i3investor.com/servlets/cube/post/bentan.jsp
http://klse.i3investor.com/servlets/forum/600117897.jsp
Blog: Pm Najib has done 10 important things for this special stock. He wants to make it a great success!!!
Mar 9, 2017 09:53 PM | Report Abuse
Calvin is very kind and generous to share his insight and experience in picking stocks that are selling with a deep discount. He has tried very hard to advise inexperience investors not to run after pump up stocks and get burnt ultimately. Of course he has his weaknesses too. Who hasn't? It is up to the reader to make use of his advice,does his own homework and make his own decisions. One must be responsible for one's actions.The market is a very dangerous place to be in. It's like a black hole. It sucks you in and you may get drowned trying to be a hero.
Calvin,you have done great. Please keep up your good work. God bless you for your kindness and generosity.
Thank you.
2017-10-10 19:40
@joetay
Yes it is indeed suspicious. Highly likely Its one of Tan Eng's fake accounts. Plus the name bentan sounds like 笨蛋 (pun intended).
2017-10-10 19:59
Yes Bentan,
Thank you. Calvin remembers you!
Posted by bentan > Mar 9, 2017 09:53 PM | Report Abuse
Calvin is very kind and generous to share his insight and experience in picking stocks that are selling with a deep discount. He has tried very hard to advise inexperience investors not to run after pump up stocks and get burnt ultimately. Of course he has his weaknesses too. Who hasn't? It is up to the reader to make use of his advice,does his own homework and make his own decisions. One must be responsible for one's actions.The market is a very dangerous place to be in. It's like a black hole. It sucks you in and you may get drowned trying to be a hero.
Calvin,you have done great. Please keep up your good work. God bless you for your kindness and generosity.
Thank you.
Bentan has only one post with good and sincere spirit.
Keep it up Bentan
Please come out and post more
Thanks again
Posted by calvintaneng > Mar 10, 2017 07:51 AM | Report Abuse X
Good morning to all who visit here.
A special thank you to Bentan for your encouraging comment.
Monkeykj,
Calvin never use another id to post in i3. i3 Admin can verify this. Syndicates and con man are the ones who create multiple ids to confuse people.
So you better wake up.Now go buy any DRB on weakness before it flies higher.
AND ABOVE ALL IS GOD ALMIGHTY WHO WILL BEAR WITNESS!
See www.chick.com
2017-10-10 22:12
YESS!
Those who followed Calvin's Call to Buy DRB haws made more than 100%
DRB rose from 92 sen to Rm1.86
Very happy for all who bought DRB then
NOW! THIS IS YET FUTURE
ALL WHO FOLLOW CALVIN BUY MUI BHD BELOW 20 SEN WILL EARN EVEN MORE MONIES THAN DRB LATER.
MISSED DRB AT 92 SEN?
BETTER DON'T MISS MUI BHD BELOW 20 SEN.
DRB WAS CHEAP AT 92 SEN WHILE IT LASTED. NOW NO MORE.
NOW MUI BHD IS CHEAP AT 19.5 SEN WHILE DOUBTERS/NAYSAYERS ARE AROUND.
BUT MUI BHD WILL POWER UP!!
ONCE FLY AWAY YOU WON'T GET THIS OPPORTUNITY ANYMORE IF YOU DON'T ACT EARLY.
THOSE WHO BELIEVE LIKE CALVIN MAY SAILANG INTO MUI BHD
THOSE NOT SURE JUST BUY A LITTLE FIRST & HOLD TILL DIVORCE SETTLEMENT UNLOCK ASSETS SALE!
DON'T GO SHORT TERM TRADING.
HOLD TIGHTLY
BIBLE SAYS,
"STRONG MEN RETAIN RICHES!!"
King James Version
A gracious woman retaineth honour: and strong men retain riches.(proverbs 11;16)
2017-10-10 22:24
From what I see so far, Calvin Tan is having big mental problem, never bother on any criticism or negative opinions.
While he allows himself to speak bad on other counters, he will ignore entirely on all opinions that go against his stands.
2017-10-10 23:15
SEEK?
Welcome Seek at no. 7 to click likes!
Great!
Our Friend Seek dates from Pm Corp's Time
SO SORRY FOR 90% OF i3 FORUMERS WHO WERE LED ASTRAY FROM PM CORP FORUM
TO PIRATE REGAIN CAPITAL CHOCOLATE PASSENGER SHIP & LATER DROWNED. AND NO LONGER WITH US
https://klse.i3investor.com/servlets/discuss/608510.jsp
FOUND A GOLD MINE?
STICK WITH IT!
OR ELSE SOME DAY SOME WHERE SOME PLACE YOU MIGHT STEP ON A LAND MINE
2017-10-10 23:44
Calvin Tan越来越贱格,已经沦落到需要去偷窥别人的夫妻事来谋求自己私人的利益,尽可能用各种角度来判断最有可能的结果。
虽然他根本不认识别人老婆或老公,但他讲到好像他就是他们的私人顾问,说到好像真的就只有他知道剧情会怎样发展。
极度鄙视这种没底线人格的做法!呸!
2017-10-11 01:28
agreed with MUI havent reflect its true price now. but if this is the way a person can treat his ex-wife, wat worse can he do to shareholders? u think he will act in a way to share the wealth with all of you? it would probably take SOME time
2017-10-11 08:30
KKP could be hate his ex-wife more than share holders, bcos his ex-wife hurts him more :D)
2017-10-11 08:53
Skyz
Calvin think see differently and therefore conclude differently
1. Tan Sri KKP is a frugal businessman who built his empire from scratch....unlike his wife who own a thousand pair of shoes. She is wasteful and extravagant. The very opposite.
2. Tan Sri Dr Khoo did give a generous 8 sen Cash payout in Pm Corp
All Pm Corp share holders can testify to this fact. And all can also refer back in Pm Corp's Bursa announcements.
3. SO CALVIN THINKS TAN SRI DR KHOO IS WISE TO ACT FAIRLY AND JUSTLY
2017-10-11 09:05
@firehawk,
totally agree with u.
i think his wife is still pursuing to get half his fortune in british courts.
maybe calvin has full inside story.
lol.......
2017-10-11 10:02
KKP is frugal? You got to be kidding!
For someone who stays in a palace like house n goes around in big mercedez or RR cannot be said to be frugal.
2017-10-11 19:25
This guy KKP have con and squeeze dry MUI minority shareholders already and cannot be trusted. Still want to support his counter. Your must be kidding.
2017-10-11 20:21
Brother..in Msia..major shareholder always surpress price to go private..look at metrojaya ahare n the puece of land at hln ampang..how it was sold inter company at minimal price
2017-10-15 11:26
joetay
but @patron,
in calvin's defense, he unwittingngly serves as a good gauge on what not to buy and sometimes but very rarely, did calvin gave a good call. i suppose the old maxim of large numbers prevail.
2017-10-10 09:03