we must look forward that USD will be stronger vs MYR with june, july2016 USA FED rise in interest rate. current paper loss on foreign exchange is unrealised or paper loss with no cash effect. Salcon with USD deposit cash have this artificial loss but will turn dramatically when USD strengthen again

myr443,696,000 in capital reserve account can be turned into bonus issue or capital repayment or not? if yes, imagine what will happen to Olympia? pls correct me if my understanding of finance is wrong...half way finance

MR YEE WEI MENG, Fontern Group MD- new sustantial shareholder-5% stake
14,382,989@ myr0.225

200,000 lots OR at myr0.005 need myr1Million to access 200,000 RI. But, if Mulpha boss buy mother @ myr0.25, he needs myr100million buying 400,000 mother to access 200,000 RI. Mr Lee gains the most by sapu habis all OR. 100 times cost saving thru OR

the largest OR buyer for sure is mulpha boss, mr Lee himself prior to mgo

waloe...start goreng up....luckily, I still hold tight till now

if I have 10 lots mother, I can sell out entitled 5 OR at myr0.005, to give up on RI...pls adv. if this is accurate. no money to subscribe RI

Looks like SCOMI's good performance being dragged down by lousy monorail. if ScomiEng. close shop, will this make big difference to Scomi? no point know who when it don't have strong know how

This RI is a social class war between rich sharks and poor ikan bilis who can't afford to come up with further cash to subscribe despite realising that buy is the most accurate decision

yes-you're spot on. How to thwart this schrewd mgo at myr0.25/ share? any idea?

Azizan bin Abd Rahman- He is also the Chairman of the Investment Panel of Lembaga Tabung Haji and Chairman of TH Heavy Engineering Berhad and a Director of TH Plantations Berhad. he is on TOP FIVE substantial shareholders of Olympia with 29,395,270 2.87% stake. Tan Sri Lim Kok Tay-Genting boss- also substantial shareholder with 14,513,765 1.42%stake n latest annual report

my big guess Mr Lee will privatise it after right issue- 'failure to raise 'public' funds' -at par value, myr0.50/ share only...

Yes-Mr Lee main wish is ikan bilis don't have funds or interest to subscribe based on their very short notice of rights deadline. 12.05 is the deadline. How many can come up with funds to buy? myself will lose the most since no money to buy. then, Mr Lee will have strong excuse to buy all unsubscribed from us. Mr Lee also will have strong reason with Bursa Saham for privatisation with low support to raise fund from market

but, we can't blame the local big boss due to low premium, low support in local market from ikan bilis. after delisted, they can public listing again in HKG stock exch. with much much larger support from wealthy Chinaman!

yes-bursa saham somehow give blessing to all big boss in the privatisation game by deliberate press down the price but query only unexplained surging price. they wont query depressed price. Mulpha is one of hundreds of jewels in bursa will be MGO these few years. Kulim, Karambunai, Tanah Makmur, etc. we'll notice more & more delisted

whoever don't subscribe the RI will be the main loser. pay myr0.25 only for a myr0.50/ par value share....assuming all ikan bilis don't buy, Mr Lee will end up with above 60% stake but at discounted price...He's closer & closer to his MGO dream. This is Mr Lee's main motive actually

once Mr Lee has over 51% stake, it will be MGO with no minority acceptance required. This is what happen to Karambunai at myr0.05/ share peanut take over now. do you want same thing happen to Mulpha?

salcon linyi sale to BEWG fail but resold again to new buyer, Orient Harmony at slight discount RMB32million cheaper, Final sale value at RMB98M still generate gain myr31.96Million. It's still a positive cash development to salcon. its balance sheet become strengthen day by day

Jelebu still have untapped tin deposit till now. if I'm not mistaken...The rubber and the mining business made Malaya one of the richest in natural resources during the British colonial period. Jelebu was one of the districts that produced some of the world's best quality rubber and steel. Pineapple production there is ranked one of the top in Peninsular Malaysia. For some unknown reasons, Jelebu is home to some of the state's biggest and most advanced rehabilitation centers

1 acre of vacant Mukim Batu, Mont Kiara market value myr16million per acre??..is this a fair value? myr150M/ 9 acres.....i'm expecting more value. this land is dutaland/olympia 52:48 joint venture land. 2ndly, any possibility Dutaland merge with sister company, Olympia Ind. eventually via share swap?

1 acre of vacant Mukim Batu, Mont Kiara market value myr16million per acre??..is this a fair value? myr150M/ 9 acres.....i'm expecting more value. this land is dutaland/olympia 52:48 joint venture land.

The Board of Directors of Olympia wishes to announce that its wholly-owned subsidiary, Olympia Properties Sdn Bhd (Company No. 368505-T) (“OPSB” or “Vendor”), had on 22 April 2016 entered into a Sale and Purchase Agreement (“SPA”) with Semanja Hartamas Sdn Bhd (Company No. 1180310-K) (“SHSB”) or (“Purchaser”), for the disposal of a piece of development land held under Geran No. 77974, Lot No. 67801, situated in Mukim Batu, District of Kuala Lumpur, State of Wilayah Persekutuan Kuala Lumpur measuring approximately 36,491 square metres or 9.01 acres (“Parcel 1 Land”) for a total cash consideration of RM150,000,000.00 (Ringgit Malaysia: One Hundred and Fifty million) (“Sale Consideration”) subject to the terms and conditions as stipulated in the SPA (“Proposed Disposal”).

Mulpha also iskandar theme stock. Why IWcity can rise so easily but not Mulpha? there must be something missing in between which makes this stock lazy boring laggard. Mr Lee, sleeping at work? can you do something like Tan Sri Lim Kang Hoo?

IW holdings is different entity from IWCity, right. why everyone bet on IWcity when Hong Leong boss intend to invest in its holding company

what good fundamentals does vivocom have? why so many warm this counter? till now, i can't figure out why? from 0.10to myr0.32, very risky lo hike without news

Avoid all team M counters. team M already lost in the political war against team N. TDZ, M's associate now selling all counters, AFG as per today's news in business star section

support Calvin on this mana ada system in mal. If 'M' has the foresight like SIN ex. President, Lee Kuan Yew, MYR= SGD today. after bail out myr15billion into 'potong' car, we need to bail out again using taxpayee's money. This mamak said it's govt. duty to save national car. my foot. if we invest in MRT like what SIN did last 30 years, will there be such severe traffic jam in KL, Selangor today?

Will the Kulim new airport push up JKGland shares? JKG has lands in Kulim, Kedah. I'm still holding Keladi since the entry of Teh Kim Ming-IJM MD into this company but no fantastic project news from TKM till now.

Post removed.Why?

Yes-i'm still holding this share till now. The only pitfall is Mr Lee is too stingy with no dividend. Mulpha only suits long term shareholders with long term growth potential in Australia property

Yes-I'm still holding this Olympia shares till now. since both Genting, Lim Kok thay and Mulpha boss have stakes, this counter shouldn't be very bad choice. If fall further, may intend to add on.

Yes-still holding this scomi, scomies& scomien since last 7-8 yeart s till now. Will Pak Lah's counters shine again to glory with his new appointment as Petronas chairman? Hidup Pak Lah, Mr Niceman. Pak Lah should be the most gentleman, most moderate PM Malaysia ever had. Niceman always finish last in life. anyway, i believe in good Karma will return eventually to nice people

Yes-I'm still holding this MUIIND shares. The Grexit story which hit UKP hard will only cause cheaper UK currency, push more tourist dollars, so will be Hotel business in UK. Thank you Calvin as i join MUI club upon his recommendation. intend to add more once have spare money

Yes-I'm still holding this counter. TPY keep disposing off Protasco shares now & will be cash rich by over myr100Million. most likely, he may buy back some nexgram shares. His disposal of Godynamic generate myr23million gain, if i'm not mistaken. let the extensive audit to prove the sceptics wrong.

yes-I'm still holding this water dragon counter. The current drought season will bring salcon to breaking new high record. many states need proper dams & water treatment plants

cheated, pls sell at myr0.20 to me, i'll buy it from you

Don't worry since we have a disciplined teacher, Tey Puki now....Dato wont dared to do any more hanky panky task. give Dato a chance to turn over a new leaf

we thank you Tey Puki for giving the most free promotion, publicity of this counter to public, so that more will join buying

Congratulations! Mudajaya on the path of recovery, so will it's parent co., mulpha...hurray eventhough I don't have MJG shares

Don't worry. politics wont will us-it's blessing in disguise when tragedy hit us- There are many cheaper lands available as long as the buyer OK with it...we may not know the cost end up even lower by looking for alternative in particular during the current property downturn. It's buyer market now

Previously, it's JV with Protasco-Sepang authority approved. JV revised to with Asdion-decision U-turn to disapproved. TPY must find alternative land except Selangor...this counter already turn into political fight...

It's Sepang land authority who lose by denying development. Nexgram can find better, cheaper alternative land. not sure why Sepang also involved in this political proxy war

Dear 400523, This internal re-organisation means all assets of Mudajaya Corp. already 'transferred' to Mudajaya GROUP except construction, if I'm not mistaken. since Mudajaya Corp only left with construction business-is this subsidiary going to be cash out?

PAIC=party acting in concert...they are other big shareholders can 'secretly' support Fairfax in hostile take over.

I believe both Fairfax & PAIC already have over 33% MGO combined, but they never call for MGO. Mulpha is going to lose controlling grip very soon

Till now, still can't figure out how Mr Lee cheat us. are you willing to share the story with us? All hit this counter but not willing to clarify, explain further. very hard to guess la

Right issue is to buy out Mudajaya????? avoid hostile take over from Prem-Fairfax?

yes-I'm an indirect shareholder of Mudajaya with Mulpha direct stake as Cherrie guide us. Of course, I wish Mudajaya the best since this company's luck highly correlated to parent co. if Mudajaya can rise back to myr4 one day, try to imagine its impact to parent company

sorry. my lousy calculation as I'm not very familiar with Mudajaya which come to my attention when mulpha start asking money. If this is the case, Fairfax is very close to 33% MGO threshold already. it's very dangerous to Mulpha controlling shareholding already. I guess Mulpha will lose the controlling seat at any time from now

you're spot on. Both fight...that's why Mulpha suddenly ask for RI which everyone hate so much