I doubt Surin has enough minority shareholders' support to get this SCR through. It's just his game, like the last one, to entice more weaker minority shareholders to give up their shares while Surin's cronies acting behind the scene collect the shares. They are doing this in stages..

MWE is one of the top 40 most undervalued stock published by Focus Malaysia. But the unscrupulous controlling shareholders will not let you see the money! Better sell and go away.

Hopefully not. If RI, price will plunge !

may be right issue ?

Beware of the cunning OLH!. He will depress OSK to $0.70 and follow by takeover offer at $0.80. No respect for him!

heartless scumbag OLH!

The stock is undervalued indeed. But can you trust the cunning OLH ?
He screw minority shareholder! He has no heart for minority shareholders, all for himself and his family.

CrapTree's brain is full of shit...only know how to accuse people bs..
hahahaha

calvin, what about the related companies of surin eg MWE, WCE ?
All fundamentally seem good.

for this, I fully agree with Calvin. MPHBcap is a hidden gem.

beware the good-for nothing craptree..

Steward, good!

khatulistiwa1234, the more you talk that more people get worry! Nobody will believe you...

Bustard Crap Tree! Don't irritate people lah......
You brainless idiot caused people to shy away from sharing......
What have you gain ?

Calvin,

Rock solid Dutaland ? For who?
If the Yap is heartless and conscienceless like OSK and Puncak's controlling shareholders, nothing is solid for minority. Minority may be screwed Kau Kau !
Is the Yap a man of high integrity ? We have to ask this first!

This bustard is Ong is heartless and conscienceless !
He is already very rich yet want to punish and take advantage of small investors who invest with their hard earned money. He will not end up well in one way or another for the evil he does.

Calvin, What happen to Dutaland ? Now you no longer promote this stock ?

Minority investor is always at the mercy of the controlling shareholders. This is a fact and beware of the fact!

In the very near future, the plantations business will shine and shadow the already trimmed timber business. From the plantation's asset valuation alone, this counter is dirt cheap!
About 70,000 ha oil palm X RM70,000 per ha = RM4.9 bil !
Market cap of this stock today on $1.15 bil.
So you see the value.

Duta Yap may have offered to by up Khatulistiwa's share at RM1.00 for him to make such quick U-turn.
AT next EGM and AGM, I will be sure to fire Duta Yap Gao-Gao..

You may continue to throw tantrum and throw your share away, who knows Duta Yap is quietly picking them up and laughing all the way!

If Duta Yap has plan to take this under-valued company private, do you think he has the right mind to announce special dividend to jack up price ? No!
Moreover, it is still not the time to commit special dividend before the completion of the deal.
Please be patient

Hopefully those attending the AGM press the Management to consider special dividend of at least $0.30 per share. Many investor wait too long with no or little return.

EPS 2017 should reach about $0.50. At PE of 15X, SOP fetch $7.50.
Also bear in mind that EPS can continue to grow if CPO price go higher and from improving yield from the acquired Shin Yang plantations .

Following the bonus issue, warrant holders will get bonus warrant too. I suppose the warrant exercise price will also be adjusted down by the same proportion. Can anyone confirm ?

If that is so, it is better to put your bet on OSK-W.

But Bpuri is in very bad cashflow position ! Is it not a concern ??

Sadly the Management has yet to get their act together to enhance value of the business and assets of MUI. When Management quality is a question, stock price will remain in doldrum .

I begin to suspect why MRCB called for huge RI. It could well be they knew in advance the government's plan for TOLL free EDL which will badly affected MRCB's cashflow.

It's too early to celebrate. The government or EPF may not buy out EDL at all but instead "compensate" MRCB by non-cash item like land etc. I afraid MRCB which is controlled by EPF is a vehicle make used by the government for whatever reason. Minority shareholders' interest come last.

EPF, KWAP and Tbj Haji continue to sell.. Isn't it a bad sign?
Don't rule out a right issue in the plan. Right issue will suit the controlling shareholders to increase stake at beaten down price.

Whether share price rebound or not depend on the outlook of the industry and company. As UMWOG is in the rental of rigs business, rig business remain very challenging in the next 1-2 years. I suspect the Jul-Sept 2017 qtr result will be very bad. If so, the share price will come under tremendous pressure. I rather wait until the Jul-Sept qtr result out by end of next month.

HI Calvin, Any where I can confirm Duta Yap bought the share above $1 ? Not that I don't trust you, just want to be doubly sure.

how many % he and related party hold ?

I am not sure better days are coming! There is no track record in this counter to convince me so..

Calvin, I begin to ponder if I should trust Duta Yap is a fair person ? If he is not, small investors like us will still not gain anything..

Bear in mind that small investors are always at mercy of the controlling shareholders and the syndicates.

General public may still be worry for the repeat of the aborted deal to IOI few years ago. I think share price will improve once SPA is signed and the deal in cast on iron.. Keep an eye on this ...

Hahaha...
All can see that yinchai works very hard to talk down MBSB...
You think he does it out of love for you all ? He must be looking to pocket profit by buying low...

The one who convert the OSKH warrant to mother share should not have invested money in stock market, better keep in FD.

If you buy for long term view, pls don't buy now. The financial market globally looks very very choppy in 6-12 months. Major pullback in global stock market may be in store.
You can afford to wait for a while to decide buying ... BPlant won't disappear anyway..

$6.00 is on the way. The big boost will come when 3Q result is announced in Nov 17.

Duta plantation's valuation is lower then before is because most of the palms are very old now and due for re-planting (during re-planting 3 years no revenue and high expenditure and another 3 years very low revenue). The land are leasehold and is shorter lease now than before.

Good buy or not for BPlant, you have to look at earning from this asset. I take is - it is a bad buy for short term due to poor return from this $750 mil investment. In the longer term - it all depend on CPO price then.

ongmanibamihong, how do you know the credit or loan is bad ?

hng33 has explained very well the strategy for minority investors.
Still I will not rush to buy even at $0.28.
Better wait until the 3rd Q results released in Nov 17 which may be disaster if the management decide to impair the value of the rigs.

Anybody know what is the interest rate for the redeemable convertible preference share (RCSP-I) ?

Preference shareholders will get their interest paid FIRST before ordinary shareholders get any dividend.

Ordinary shareholders will not see any dividend for long long time ....

The future recurring income of Duta will be from the hotel project (I think cum shopping) along JB sultan ismail. Development at Kenny hill which is prime area will also being earning too.

I must say Dutaland has now become very neat and nett cash company. If Management has really learnt past bitter lesson there is good future for Duta. So, you have to judge along this line....

at $5.60, RHB Bank is only 1X P/Book. Seem very cheap.

The deal is considered sealed ! Hahaha....

Dutaland is already a debt free company before the plantations sales. The proceed of RM750 mil is $0.88 cash/share.
NTA will go up to RM1.80 and is still undervalued because the land assets yet to mark to market .

What do you think the worth of Dutaland ?

Better sell Bplant before too late. Very low earning from Bplant existing operations despite broad based recovery of yield for the industry and higher CPO price. Hopeless Management.

Worst still, the windfall proceed from recent land disposal will be used to buy a poor yielding plantation with low return. BPlant will have to spent huge capital to rehabilitate the Duta's plantations and to replant mostly very old palms.

BPlant has sent in an OFFICIAL OFFER to buy (no more a proposal). Once Dutaland confirm acceptance of the offer, the deal is considered fixed and no way out! Now it is only about preparing the SPA for both party to sign.

The worst seem over..
The company and business must be good to have attracted the US company bought into it recently.

It's all depend how MPHB capital and Generali settle the non-approval. Possibly Generali will exercise the put option requiring MPHB to buy back the 49% at the same price. If that happen, the option for MPHB is to go for local M&A or public listing or demerge the insurance uint from MPHB Capital. It is not the end of the road for MPHB capital.