Hi Guys,

The Time to buy Jaks was 40 sen. The Time to buy LionInd was also 22  sen. On Feb 29 2016 (Ooophs!!  I missed buying LionInd on Feb 29 2016 - that was a leap year as February usually only got 28 days) Never mind Calvin bought Prestar at 45 sen & Masteel at 66 sen. That was then now Prestar, Jaks and LionInd have surged 100% to more than 400% (in the case of LionInd)

 

And Calvin being the BOTTOM FISHER Always Look For Rock Bottom Bargains long before they turn into hot hot stocks

See if you buy at bottom there is little danger

 

There Two Types of Stock Buyers. One - Deep Value Bargain HUnters. Two - Momentum Stock chasers

 

See

 

 

These are Bottom Feeders like Japanese Carp, Talapia or catfish

 

Examples are buying 

Jaks at 40 Sen

PreStar at 46 Sen

Masteel at 66 Sen

 

 

 

Or Fishes like Toman, Sebarau or sailfish that chases every moving objects? Edible or inedible like plastic fish bait?

Or chasing Jaks at Rm1.80

Prestar over Rm1.30

Masteel over Rm1.90

 

SO WHEN STOCKS ARE HOT WHEN SORCHAI FISH STARTS CHASING BETTER DON'T JOIN THEM OR GET HOOKED

IF GOT HOOKED THEN HOW?

GORENG IKAN LEOW!!  SEDAP NYA FOR SYNDICATES CATCHING SORCHAI SARDINES, SOTONG, WATER FISH & IKAN BILIS

 

SO CALVIN NOW TELLS YOU ANOTHER GREAT BUY AT THE BOTTOM

 

 

SEE THIS CHART

MPHB CAPITAL BERHAD (5237)

Company Website 
Initial Public Offering Document 
Annual Report

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HA! ALL CAN CLEARLY SEE THAT THE PEAK IS OVER RM2.60 FOR MPHBCAPITAL. AND NOW IT IS RM1.26 TODAY (SO MPHBCAPITAL HAS FALLEN BY MORE THAN 50% DISCOUNT)

SO CALVIN DID NOT PUMP UP MPHBCAP. THEN NEAR PEAK START POSTING. AND WHEN DUMB I3 SORCHAI STARTS BUYING DUMP TO THEM SUCKERS!!

 

NO! NO! NO!!!

CALVIN IS INTO VALUE INVESTING. WE PROSPER TOGETHER HAPPILY IN A GROWING STOCK.

IN GAMBLING YOU WIN AT THE EXPENSE OF SOMEONE ELSE. THAT'S FOR GAMBLERS. CALVIN WANTS NONE OF THAT. PERISH THE VERY THOUGHT.

IN VALUE INVESTING WE PROSPER TOGETHER UNTIL GLORY LAND OF PRIVATISATION

SEE

KULIM TAKEN PRIVATE

TMAKMUR TAKEN PRIVATE

THESTORE TAKEN PRIVATE

SUPER ENTERPRIZE TAKEN PRIVATE

AND LATEST: DAIMAN (DIAMOND) ALSO GOING TO BE TAKEN PRIVATE!!!

SO GOOD!! ALL TAKEN AT 30% TO 60% HIGHER THAN MARKET VALUE!!!

STRICTLY NO PUMP AND DUMP HERE

 

NOW DATUK SURIN IS TAKING MWE PRIVATE AT 

 

Proposed SCR : Proposed selective capital reduction and repayment exercise of MWE pursuant to Section 116 of the Act Puan Sri Suwini : Puan Sri Datin Suwini Bingei Record of Depositors : A record of securities holders provided by Bursa Depository pursuant to the rules of the central depository as defined in the Securities Industry (Central Depositories) Act 1991 Registrar of Companies : Registrar of Companies in Malaysia RM and sen : Ringgit Malaysia and sen respectively Rules : Rules on Take-overs, Mergers and Compulsory Acquisitions SC : Securities Commission Malaysia SCR Cash Amount : RM1.75 per MWE Share, being the cash consideration to be paid for each MWE Share held by the Entitled Shareholders on the Entitlement Date pursuant to the Proposed SCR SCR Offer Letter : The offer letter dated 16 March 2018 from Pinjaya requesting the Company to undertake the Proposed SCR Special Resolution : The special resolution in respect of the Proposed SCR which:- (a) must be approved by at least a majority in number of the disinterested shareholders and 75% in value to the votes attached to MWE Shares held by the disinterested shareholders that are cast either in person or by proxy at the EGM; and (b) must not be voted against by more than 10% of the votes attaching to all disinterested shares of the total voting shares of MWE Tan Sri Surin or Ultimate Offeror : Tan Sri Dato’ Surin Upatkoon 

 

Now why is Datuk Surin taking MWE private at Rm1.75 when it was trading only around Rm1.30 (Why pay extra premium?)

 

Because MWE going to make Lots of exceptional profits for many quarters to come?

The Answer is a Big N)

See MWE Latest Result

 

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2018	30 Jun 2017	30 Jun 2018	30 Jun 2017
		$$'000	$$'000	$$'000	$$'000
1	Revenue	81,815	100,566	81,815	100,566
2	Profit/(loss) before tax	-54,532	7,138	-54,532	7,138
3	Profit/(loss) for the period	-54,957	5,691	-54,957	5,691
4	Profit/(loss) attributable to ordinary equity holders of the parent	-54,845	5,574	-54,845	5,574
5	Basic earnings/(loss) per share (Subunit)	-23.82	2.42	-23.82	2.42
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	2.4100		2.5600

 

WHOA! WHAT RUBBISH (LAPSAP) RESULT!

BIG LOST OF -23.82 SEN!!

 

IS DATUK SURIN DUMB OR WHAT? PAYING EXTRA FOR A LOUSY LOSING COMPANY?

 

AHA!!!  DATUK SURIN IS EYEING THE ASSETS OF MWE. IT SHOWS AN NTA OF RM2.41

SO AT RM1.75 DATUK SURIN IS ACTUALLY BUYING MWE AT A NICE DISCOUNT OF 28% DISCOUNT TO NET ASSETS VALUE

 

HE IS CLEVER!!

BUT WAIT A MINUTE! IF YOU GO INTO EVERY DETAIL OF MWE ASSETS & BUSINESSES OF MWE YOU WILL FIND THAT THE NTA SHOULD BE MUCH MUCH MORE

 

HOW?

IF YOU BOUGHT A 2 STOREY HOUSE IN BANGSAR (YEAR 1970) FOR RM20,000 & STILL NOT REVALUE IT AFTER 48 YEARS YOU THINK IT'S FAIR VALUE IF YOUR ELDER BROTHER SHOULD JUST PAY YOU RM10,000 (BASED ON YOUR INHERITANCE FROM YOUR PARENTS)

HA!! YOUR ELDER BROTHER SAY "THIS RM10,000 IS HALF OF THE VALUE OUR PARENTS BOUGHT THAT HOUSE"

SO TAKE THIS RM10,000 AND BE HAPPY

ARE YOU HAPPY? IF YOU ARE THEN YOU ARE SORCHAI NO. ONE!!

OK NEVER MIND.

SC & BURSA ALLOWED THIS DAYLIGHT ROBBERY OF SHAREHOLDERS WHEN DIRECTORS (BOD) DO NOT REVALUE THEIR COMPANY ASSETS BEFORE PRIVATISATION IS ALLOWED.

 

NOW LET CALVIN TELL YOU WHY MPHBCAP MIGHT ALSO BE TAKEN PRIVATE AS WELL FOR AT LEAST 30% TO 50% MORE THAN RM1.26 IF DATUK SURIN SHOULD MAKE HIS NEXT MOVE (AT LEAST DATUK SURIN NOT SO BAD.

 

LAST TIME THESE GOLDMINES WERE TAKEN PRIVATE FOR A SONG

 

1) MTD INFRAR TAKEN PRIVATE AT 79 SEN (THE GOMBAK TOLL TO KUANTAN MONOPOLY)

2) PELANGI BHD AT 77 SEN (NOT TO BE CONFUSED WITH PELANGI PUBLISHING

PELANGI BHD OWNS LANDS IN TMN PERLING, TMN PELANGI (JB CBD) & TAMAN PELANGI INDAH (ALL GOLDEN PRIME LANDS)SO IF MPHBCAP SHOULD BE PRIVATISED IT SHOULD BE AT LEAST 1.26 x 1.3 or 1.26 x 1.5 

 

BUT DO YOU THINK MPHB DIRECTORS WANT THAT?

I DON'T THINK SO?

 

SEE THEIR HOLDING COST WHEN THEY BUY

 

MR KUAH HUN LIANG	21-Dec-2017	Acquired	100,000	1.210
MR KUAH HUN LIANG	18-Dec-2017	Acquired	50,000	1.230
MR KUAH HUN LIANG	14-Dec-2017	Acquired	50,000	1.250
TAN SRI DATO' DR YAHYA BIN AWANG	05-Jul-2017	Acquired	15,000	1.590
MR KUAH HUN LIANG	25-Oct-2016	Acquired	89,100	1.350
DATO LIM TIONG CHIN	01-Apr-2016	Acquired	200,600	1.480
DATO LIM TIONG CHIN	29-Feb-2016	Acquired	49,400	1.460
DATO LIM TIONG CHIN	26-Feb-2016	Acquired	160,000	1.480
DATO LIM TIONG CHIN	25-Feb-2016	Acquired	82,000	1.510
DATO LIM TIONG CHIN	06-Oct-2015	Acquired	130,000	1.440
DATO' LIM TIONG CHIN	13-Apr-2015	Others	4,650,000	0.000
TAN SRI DATO' SURIN UPATKOON	03-Apr-2015	Others	230,883,993	0.000
NG KOK CHEANG	22-Dec-2014	Acquired	100,000	0.000
TAN SRI DATO' DR YAHYA BIN AWANG	14-Oct-2014	Acquired	30,000	0.000
TAN SRI DATO' SURIN UPATKOON	27-Aug-2014	Disposed	4,000,000	0.000
TAN SRI DATO' SURIN UPATKOON	26-May-2014	Acquired	1,027,700	0.000
TAN SRI DATO' SURIN UPATKOON	18-Apr-2014	Acquired	2,408,300	0.000
TAN SRI DATO' SURIN UPATKOON	16-Apr-2014	Acquired	1,925,500	0.000
TAN SRI DATO' SURIN UPATKOON	14-Apr-2014	Acquired	2,346,100	0.000
TAN SRI DATO' SURIN UPATKOON	12-Mar-2014	Acquired	3,000,000	0.000
TAN SRI DATO' SURIN UPATKOON	11-Mar-2014	Acquired	2,910,000	0.000
TAN SRI DATO' DR YAHYA BIN AWANG	11-Mar-2014	Acquired	20,000	0.000
KUAH HUN LIANG	03-Oct-2013	Disposed	32,300	1.610
KUAH HUN LIANG	02-Oct-2013	Disposed	100,000	1.610
TAN SRI DATO' DR YAHYA BIN AWANG	10-Sep-2013	Acquired	20,000	0.000

 

TAN SRI DATO' DR YAHYA BIN AWANG	09-Sep-2013	Acquired	10,000	0.000
TAN SRI DATO' SURIN UPATKOON	09-Sep-2013	Acquired	333,000	0.000
TAN SRI DATO' SURIN UPATKOON	06-Sep-2013	Acquired	561,900	0.000
TAN SRI DATO' SURIN UPATKOON	04-Sep-2013	Acquired	1,500,000	0.000
TAN SRI DATO' SURIN UPATKOON	02-Sep-2013	Acquired	664,700	0.000
TAN SRI DATO' SURIN UPATKOON	30-Aug-2013	Acquired	500,000	0.000
KUAH HUN LIANG	28-Aug-2013	Acquired	100,000	0.000
KUAH HUN LIANG	27-Aug-2013	Acquired	200,000	0.000
TAN SRI DATO' SURIN UPATKOON	27-Jun-2013	Disposed	715,000,000	0.000
DATO' LIM TIONG CHIN	26-Jun-2013	Acquired	3,145,000	0.000
DATO' LIM TIONG CHIN	26-Jun-2013	Acquired	1,015,000	0.000
DATO' LIM TIONG CHIN	26-Jun-2013	Acquired	508,000	0.000
KUAH HUN LIANG	26-Jun-2013	Acquired	73,400	0.000
NG KOK CHEANG	26-Jun-2013	Acquired	263,900	0.000
TAN SRI DATO' DR YAHYA BIN AWANG	26-Jun-2013	Acquired	21,100	0.000
TAN SRI DATO' SURIN UPATKOON	26-Jun-2013	Acquired	213,706,793	0.000
TAN SRI DATO' SURIN UPATKOON	26-Jun-2013	Acquired	34,871,000	0.000
TAN SRI DATO' SURIN UPATKOON	26-Jun-2013	Acquired	156,200	0.000
TAN SRI DATO' SURIN UPATKOON	26-Jun-2013	Acquired	9,900

 

NOW LOOK VERY CAREFULLY ALL THESE MPHBCAP INSIDERS AND DIRECTORS WERE BUYING AND BUYING MPHBCAP SHARES RIGHT THROUGH 

YEAR 2013

YEAR 2014

YEAR 2015

YEAR 2016

AND YEAR 2017

AND STILL HOLDING TIGHT TIGHT ALL THEIR SHARES BOUGHT FROM RM1.21 TO AS HIGH AS RM2.40

SO IF THEIR AVERAGE COST (SHOULD BE) RM1.80 YOU THINK THEY WILL BE HAPPY IF ANY ON OFFER IS LESS THAN RM2.00

NOW TODAY DAIMAN IS BEING OFFERED TO TAKE PRIVATE AT RM3.00

AT CLOSING PRICE OF RM2.17 (38.24% PREMIUM)

 

TODAY MPHBCAP IS RM1.26 (IF TAKEN PRIVATE AT RM2.00 THE PREMIUM IS 58.73%)

BUT WE DON'T KNOW THE FUTURE

SO WE CAN ONLY BUY SOME. AND THEN DIVERSIFY INTO OTHER POTENTIAL STOCKS THAT MIGHT ALSO BE TAKEN PRIVATE LIKE

1) TA ENTERPRIZE

2) INSAS

3) MUI BHD

4) BJ CORP

5) EKSONS

6) HEXZA

7) ECS ICT

8) DUTALAND

9) TALAM

10) GUH

 

ANY ONE OF THE ABOVE HAVE ASSETS FAR MORE THAN PRICE. AND NO ONE KNOWS IF OR WHEN THEY, TOO WILL BE TAKEN PRIVATE SOME DAY.

 

NOW IT IS ESTIMATED THAT THE TOTAL ASSETS OF MPHBCAP IF REVALUED SHOULD BE AT LEAST RM10 PER SHARE. TO CALVIN EVEN RM2.00 PRIVATISATION IS TANTAMOUNT TO DAYLIGHT ROBBERY!

 

HOPEFULLY THEY DON'T TAKE IT PRIVATE.

LAST TIME CALVIN SAW AJINOMOTO IN CHAN SOW LIN. I BOUGHT AJINOMOTO AT RM2.30 in April 2007. It went up to a high of Rm26.00 for 1,000% gain.

They could have taken Ajinomoto private just for its prime lands (At the news of Ajinomoto Lands in compulsory acquisition the price jumped Rm1.00)

Hopefully Datuk Surin does not take Mphbcap private. Mphbcap has potential to be a Rm10.00 stock

Its prime lands in Pengerang RAPID now ripe for development

Dialogue has run of lands for storage there. Now Dialogue rents lands for Storage Tanks in Tg Langsat

And Petronas is going BIG TIME INTO DOWN STREAM CHEMICALS IN PENGERANG. Saudi Aramco has also called off its listing to go into CHEMICALS BIG TIME

So these 2,000 Acres of Mphbcap prime Lands (Still at rock bottom book value of less than Rm1 psf) will see BIG BOOM TIMES

Mphbcap also going to dispose its Insurance arm. That itself might give a Cash payout of Rm1.00

MphbCap also got many Hotels in Penang, Kl and other areas. As Malaysia renew its emphasis in Tourism Mphbcap hotels should do very well

And one more highlight from MPHBCAP MANAGEMENT

 

IF PRICE IS RIGHT BOD MIGHT DISPOSE ASSETS OUTRIGHT

 

MAYBE MPHBCAP IS DISPOSING NOT ONE BUT MANY ASSETS TO UNLOCK VALUE FOR SHAREHOLDERS AND THEMSELVES (SINCE THESE DIRECTORS ALREADY BOUGHT SO MUCH MPHBCAP SHARES WITH THEIR OWN HARD EARNED MONIES)

IF SO ALL CAN EXPECT VERY RICH CASH PAYOUT!!

 

HAPPY INVESTING

 

WARM REGARDS

Calvin Tan Research,

Singapore