need to wait for EGM held on 22 Jan

looking to dump my lots at 34 cents to 35 cents. make a bit of profit should be enough.

lack of booster..re-calculate my profit margin at which level..haiz..

lack of booster..thinking of my profit margin at which level..haiz..

Ni Hsin jia yu

Why u don't agree to buy this share reach_rich?

well is my personal target.

Good sign today. looking for two day uptrend from tmr till friday. Will dispose if price is good. My TP 0.40 above.

i'm still holding.

All the best to your investment AyamTua. The reason I have share the information and agree with Calvin is bcoz my own analysis is similar with him. Anyway, I prefer my own analysis and study each company financial status b4 investing in it. My long term investment. :)

In this case AyamTua. What is your stock pick for 2015.

Hi Calvin Tan, I'm new here and totally agree that MUI is under value.

Below new publish on 26 Nov 2014 by Star;

PETALING JAYA: Malayan United Industries Bhd (MUI) is exploring the possibility of disposing of certain “substantial” assets and is currently in talks with a potential buyer.

The announcement by the company confirms a StarBiz report last Friday that MUI is looking at a restructuring that involves the assets of the company.

MUI is an international investment holding company run by tycoon Tan Sri Khoo Kay Peng.

MUI said in a filing with Bursa Malaysia yesterday that the company, which was currently in “serious discussions” with a potential party, would make full disclosure of the transaction once an agreement had been reached.

“The company is engaged in serious discussions with a potential party to explore the possibilities of disposing of certain substantial assets of the company in order to realise their value,” it said.

“The company wishes to remind its shareholders that there is no certainty as to the outcome of the discussions,” it added.

A UK property news website had reported earlier that the freehold Corus Hotel in Hyde Park, London, which is owned by MUI, was up for sale.

It said MUI had appointed Debutesq Group to sell its crown jewel, the four-star hotel at Lancaster Gate, London, for a whopping £200mil (RM1.05bil).

It added that MUI bought the Corus Hotel Hyde Park in 1997 for £44mil (RM232mil).

However, MUI had denied the report.

MUI, which has been suspended since Nov 20, would resume trading today.

In a separate filing with Bursa Malaysia, MUI reported a net loss of RM2.31mil for its third quarter ended Sept 30, from a net profit of RM15.92mil in the previous corresponding quarter due to higher exceptional loss arising from foreign currency translations and provision for legal claim.

Its revenue for the quarter fell 7.5% to RM150.76mil from RM162.95mil previously.

For the nine-month period, MUI posted a net loss of RM3.08mil versus a net profit RM17.31mil a year earlier.

Revenue for the period shrank to RM441.19mil from RM470.25mil in the previous corresponding period last year.

MUI said it recorded a higher profit last year for the nine-month period due to a one-off gain of RM21.5mil on disposal of leasehold property.

Moving forward, MUI said it would continue to assess potential investment opportunities to enhance shareholder value.

“In view of weaker performance amidst the challenging environment in which it operates, the group is cautiously optimistic of the performance for the financial year ending Dec 31, 2014,” it said.

According to MUI’s annual report, the group owns and operates nine hotels and two restaurants in the United Kingdom and two hotels in Malaysia, most of which are operated under the “Corus” brand. The UK Corus Hotels group also manages a hotel for Laura Ashley Holdings Plc.

Its other business segments include a retail division comprising Laura Ashley and Metrojaya Bhd, as well as food, property and financial services divisions.

MUI shares were last traded at 23 sen before they were suspended, giving it a market capitalisation of RM674.5mil.

looking forward it will go above 0.37 on monday.

a good start for new year..huat ah.....

That's a good sign. Thx for the info and happy new year.

i'm still holding since there is still no panic sales. U guys buy at what price?

will c tmr trading and decide accordingly.

I'm still holding my share since bonus warrant has been approve plus ongoing negotiate for RTO (Helios Photovoltaic)

High volume share dispose today?

NIHSIN (7215) : Helios Photovoltaic in a Proposed RTO Into Nihsin Resources

We have media members running around scurrying for information about Helios PV, which have signed an MOU to work out a RTO exercise of injecting their company into Nihsin. Nissan was earlier rumoured to be getting an oil and gas RTO asset injection, but that deal seems to have been shelved with the sharp correction in oil prices in recent weeks.

In addition Nihsin has stunned the market with an attractive 1 for 2 free warrant issue as well.

So, who is Helios PV?
(From their website)


COMPANY BACKGROUND

Helios Photovoltaic Sdn Bhd is a registered CIDB Grade G7 Contractor With ISO certifation 9001-2008 and Sijil Perolehan Kerja Kerajaan (SPKK). We also provide consultancy services for alternate energy in the area of design and built conventional contractor for all types of photovoltaic projects.

The management of Helios has more than 18 years experience ranging from grid-type, off grid solutions to Building Integrated PhotoVoltaic (BIPV). We have achieved numerous successful projects. To name a few amoungst them are with the Federal Government (Ministry of Education and Kementerian Kemajuan Luar Bandar & Wilayah); Semi Government body (Universiti Malaysia Sarawak (UNIMAS)) and private sector (SP Setia).

Our solar systems are designed to be reliable and can cater for utility, government and commercial sectors. Now everyone can have access to affordable, clean renewable power source.

Contractor Grade G7

Registered with CIDB Grade G7, Helios equipped itself with ISO certification 9001:2008 and Sijil Perolehan Kerja Kerajaan (SPKK). Through the years of track records as design and build/conventional contractor, Helios has done numerous solar projects with the Federal Government such as Ministry of Education and Kementerian Kemajuan Luar Bandar & Wilayah, Semi Government body such Universiti Malaysia Sarawak (UNIMAS) and private sector such as SP Setia.

So, what have they been doing .... in the news recently ...

"PV module manufacturer Wuxi Suntech will give solar panels to a 7.5MW off-grid installation in order to power rural schools and villages in Malaysia.

The move is part of a new initiative from Malaysia’s Ministry of Rural and Regional Development – the Rural Solar Hybrid Electricity Project for Villages and Schools in the Interior.

The project is expected to be constructed in various phases until final completion in 2017. The first phase will generate 960kW of energy for three schools and 20 surrounding villages. The project will be comprised of Suntech’s VDE Quality Tested modules.

Samuel Zhang, sales director for APMEA & China at Wuxi Suntech, said: "We have been working diligently with our partners Helios Photovoltaics and the Malaysian government for several years to launch this revolutionary project. We're using diesel generators and German battery packs to backup Suntech's best in class PV Modules in this system. Many locations in the region are only accessible via boat or helicopter and have previously been left to rely on diesel generation for power. These new micro-grid systems will help to significantly reduce diesel costs and cut 10,000 tons of CO2 emissions per year, providing clean, reliable energy for the schools and villages in Sarawak. We are extremely proud of our work with Helios and the Malaysian Government that has enabled us to bring this project to fruition."

My View: Helios PV is a significant private vehicle with good connections. It is already well entrenched in completing and obtaining government projects relating to PV as renewable energy solutions. While its hard to get at their earnings or valuations, there are indications that Helios PV is already consistently making PAT of nearly RM50m a year. Hence this is a significant RTO if all things goes well.http://malaysiafinance.blogspot.com/

i suggest buy after dividend pay out.