no more gold for Muip!

Bad news! Confirm MUIP have been play out by NME recent cash placement and is use to cancel the convertible note!

https://hotcopper.com.au/threads/ann-payout-of-convertible-note.5610905/

will drop until 6.85 then only collect!

don't care that bitch TeamRocket la

Because depend on ASP only don't hold water for long and will normalize as fast as it go up.

speakup GREATEC PE 65x higher than supermax PE 50x
why ppl sell supermax not greatec?

Tp 8.50

omg break 9

you will become long long term investor lol
ahpooki2 well...i'm an investor, not a trader...
07/09/2020 3:43 PM

Distribution Phase my friends. It will sideline and once awhile spike up to attract more fish then after 6 month it will start drop until normal. Sometimes may take years.
Not much flesh now only bone if you want.

Really don't know. But base on nme recent share placement. There is not much problem to raise 2m to pay off the loan

Good move from Muip management! this will force them to pay back Aud 1.5m + at least 380k acrued interest! Or call for EGM on how to settle this. Currently their account have 500k + 2.5m new placement. The 2.5m is capital for tailing processing and they can't use it .

Currently NME have zero cash flow.

The following is the greater fool Speakup said after he sold supermax at 10.88! Now he say relaxs during distribution phase lol!

Stock: [SUPERMX]: SUPERMAX CORP BHD

Jul 10, 2020 9:58 AM | Report Abuse

when u buy high, u need a greater fool to buy higher

Stock: [SUPERMX]: SUPERMAX CORP BHD

Jul 8, 2020 9:52 AM | Report Abuse

10.88-10.10 = 78sen X 20000 = PROFIT RM15,600
BUTA MONEY THANKS TO THE GORENG KING STANLEY TAI!

Stock: [SUPERMX]: SUPERMAX CORP BHD

Jul 8, 2020 9:51 AM | Report Abuse

SOLD ALL MY SUPERMX 10.88

Lol you sell at 10.98 and now you come and buy! I still remember you say only idiot buy high.

Posted by speakup > Sep 1, 2020 3:55 PM | Report Abuse

one thing speakup learnt from cut loss supermx last Friday is dont cut loss on supermx. sure up back one.

Why drop unti 0.23 you never buy ?
noobi3 Bojed i’m at 0.45 2 months ago lol

Gold is hot!
https://www.kitco.com/news/2020-08-28/Rigs-geologists-are-getting-difficult-to-find-Revival-Gold.html

Gold point to north!
https://www.kitco.com/news/2020-08-28/Fed-induced-market-volatility.html

MUIP very strong already up from 0.18 to 0.35 almost 100% from last 2 month

I like this statement in the QR
B10. Group Borrowings
As at 30 June 2020, there were no group borrowings.

https://www.bloomberg.com/news/articles/2020-08-25/three-decade-economic-boom-comes-to-a-sudden-halt-in-vietnam?srnd=premium-asia

https://hotcopper.com.au/threads/ann-kookynie-liepold-continues-to-deliver-outstanding-results.5578037/
Wow some drilling result from MCT- Hit alot of gold!

Good talk here by CEO of MCT about the exploration at that place!
https://player.whooshkaa.com/episode?id=720352

I repeat this is one in your lifetime opportunity and it is still in very very early stage! Bet small

I think this is because Warren Buffet buy gold mine and not gold shop or gold trader!
NME have potential become a gold miner + higher gold price = Higher MUIP sp.

Someone will ask if that area so great why NME want to share with MCT. The answer is NME was fuck up financially over last 10 years(almost 0 cashflow) and unable to explore(drilling) thus give the opportunity to MUIP and MCT.

MUIP have timely convert their convertible note to NME share last year(not yet officially issued by NME) while MCT JV for the Drilling.

I hope does are new to this counter understand the risk and reward so that not to over invest or miss this 1 in life time opportunity.
________________________________________________________
Kevin Tam With the goreng mood back to market n gold price at USD2020.... tomorrow will test 49-50 cents n for those collecting below 30 cents, just few days , have earned more than 70% ( if above 47-48 cents....)..... this counter has stronger momentum than Poh Kong n Tomei ...

OK we all can see that! And we still remember what you say about this counter!

________________________________________________________________________
derrickinvestor Looks dropping backagainnafter reach 0.39..

derrickinvestor All u can do is pray hard.. those who bought this counter better pray hard.. worst counter i ever come across...

I'm aware of changes in freetospeak now and 3-4month ago. Becareful guy when listening to someone you don't know to help you manage your money.

Still rm16.7 high compare to downside risk! Especially current condition full of margin call.

Your statement is wrong! That area is full of gold just a matter of 2moz - 5moz gold reserve and how deep need to dig.

Kevin Tam Tomorrow Muiproperty will go up to 40-43 cents coz the probability to strike gold getting higher n higher ... :)

https://www.bloomberg.com/news/articles/2020-08-17/malaysia-readies-steps-for-orderly-stock-market-on-record-volume?srnd=premium-asia
it is not rumours!

Omg so fast go down??

If you already vaccinated why need glove ?

Posted by VolatileIsMyGold > Aug 16, 2020 7:04 AM | Report Abuse

if you are doctor or nurse injecting somebody how do you know with absolute 100% certainty that he don't have covid?

you don't know also la

if he got no symptoms also you cannot be completely sure la

so of course better to wear gloves la

same like barber or salon girl cutting hair also la

Just follow how EPF play sure win money !

This forum like salesman forum everyone try to sell you their supermax lol

Lol use same tactic like JAKS to allow themselve clear the share on hand at higher prices. If I remember correctly they will try to shore up the prices and tell them member to trust them it will go higher. Then they sold and suddenly go down alot. All the member become long long term investor lol.

Posted by Hotstuff > Aug 15, 2020 3:22 PM | Report Abuse

only newbie who has no investing knowledge keen to join the group. they cant think independently and follow blindly to the advice from a small circle of people. it's sad when we have blind followers who prefer being spoon-fed. there is why 80% wealth in the world is control by 20% of people...these people are sick, lazy, dependent, irresponsible, impatient, unconfident. you can have as much as such group as you like as i don't see any advantages of joining such group. if you want to be a real investor instead of a mere gambler, start to stuff yourself with investment knowledge, read more, learn more, follow the right mentor and one day you will be rewarded by all the investment knowledge you possessed.

https://www.freemalaysiatoday.com/category/nation/2020/08/15/get-onboard-vaccine-initiative-russia-tells-malaysia/
russian tell Malaysia to get onboard vaccine initiative

https://www.bloomberg.com/news/articles/2020-08-14/buffett-s-gold-averse-berkshire-jumps-into-a-big-bullion-miner?srnd=premium-asia
Warren Buffett also invest in gold mining company! We just need to patient with small bet no need sailang. Want to sailang go invest in NICE.

MCT and NME are partner now with 51:49 whatever gold found underground. However MCT need to spend AUD5m for the drilling program to verify how much gold underground and NME no need to fork out any money for this.
Currently under the second phase of drilling program MCT will announce the result batch by batch each week so that you can evaluate the gold underground.
MUIP will own around 35% NME(recently increase of share issued by NME) after the convertible note converted to NME share which is on coming General shareholder meeting in October.

The advantages of this is you can bet small and earn big if the result of the drilling are favorable (since MUIP still have plenty of cash and asset).
You can slowly increase the bet as the result is out. Eventually the favorable drilling result + higher gold price will give multiplier effect on MUIP share price.

How the contra-trade-ban will affect you? If bank implement contra-ban those with:
1. not enough cash to trade - cannot buy
2. not enough cash+margin - cannot buy
3. Margin call - cannot buy
Please add or comment the above.

Posted by gemfinder > Aug 14, 2020 8:52 PM | Report Abuse

https://www.theedgemarkets.com/article/contra-trade-ban-rumour-sends-r...

I know what you are saying but you must not confuse target price and stock valuation price!
Target price is mean to be short term valuation for the share price to hit the say target but not mean to stay for long period of time! (A lot of time it just reach short of the TP. Very risky but achievable)

Stock valuation price should be view and Stock price in normal trading without bias of short term benefit(such as favourable market condition) I think this is what philip looking at most of the time. (Very safe but still have risk)

Have you all think about why you all still hold supermax since Share Price rm24 reach ? Slowly cook frog don't know how to jump out.

Maybe you are what you say lol!
____________________________________
wiser_dude It is with great regret to declare I have lost faith in gloves counters. I will sell all portfolio and wont ever invest in this goddamn stupid companies

No V this time more likely L

Don't compare with NICE, Pohkong or tomei la! Muip is for long term. We need to monitor their drilling result more than the gold price.
noobi3 looks like muiprop reluctant to go up with the gold price.
14/08/2020 9:52 AM

Yes starting next week they will announce result of the drilling batch by batch! this will estimate how much gold underground!
you can down load from link below:
https://hotcopper.com.au/threads/ann-shareholder-update.5556362/

sit tight everyone!
Metalicity Limited (ASX: MCT) (“MCT” or “Company”) is pleased to announce that the Phase Two drilling
programme is progressing well and is on schedule with all samples derived from the drilling to date have
been submitted for analysis from the Kookynie Gold Project4
(“Kookynie”). We expect to be releasing
assay results as and when they are ready over the coming weeks, with the first due during the week
beginning the 17 August 2020. Furthermore, with the pending finalisation and interpretation of the drone
magnetic survey, targets generated will be assessed via drilling during this programme.

No one want to kill glove la. But stop asking Malaysian retail investor to buy because foreign investor already start selling around rm 24.
________________________________
freetospeak As I mention before,a rushed vaccine will not kill glove...it will help glove to FLY. U c many news coming out attacking the vaccine and side effect news..Tomoro will only FLY further today 3% tomorrow 30% potential upside after worry about GDP is gone

Fake Doctor! Most of the vaccination is before your population get infected! Once infected already too late for vaccination!
DrLimKH correct... not infected...no need vaccine
13/08/2020 10:18 PM

No panic la. Because i don't have supermax now lol

Margin call after margin call will cause the price to slump for some times! There is no escape as all glove counter is down.

Wah close at 18.88 nice number! But this stock go up and down too fast Long term lost money to bursa and banker for clearing fees and brokerage fees.

See first before enter! maybe long winter to next QR!