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3 weeks ago | Report Abuse
If your group decided it's in your best interest to vote in favour, that's great and thanks for your sharing. Let other decide what's best for their money or if you desperate the deal must go thru, you may scoop all shares from the market to get enough vote (%) for the deal to go thru.
3 weeks ago | Report Abuse
Millions_at_22, you here to seek allies or against? If you made up your mind the gain is sufficient to your group, vote accordingly. Don't need to bash forum member sharing their analysis. Asking one to proof their shareholding, will it help anything?
1 month ago | Report Abuse
Maybank IB jz released independent advice report for Ranhill takeover at RM.0995 as not fair and not reasonable.. Nothing was mentioned on assets/future cashflow; solely based on historical liquidity/ price action.
Based on above, UOBKH could easily derive the basis for MPHB as fair and reasonable due to low liquidity in past 10 yrs but MPHB Board decided to seek extension.. I wanted to believe the Board members are trying to negotiate a better price.
1 month ago | Report Abuse
Crescendo released it's result. These type of gain is easily few fold if MPHB were to sell it's landbank.
2 months ago | Report Abuse
[wishful thinking] Maybe Board has insider info Johor Government going to submit notice to acquire the lands.. by then, disinterest shareholder will have more bargaining power to reject the scr.
2 months ago | Report Abuse
Youwin, it's jz wayang. UOBKH was accepted because they willing and paid to work on Surin terms... Unless it was appointed by SC, none IFA is independent. We minority are on our own to protect our interests.
2 months ago | Report Abuse
Two more days, if Board rejected the proposal, be ready knee jerk reaction. Anyone preparing to buy the dip?
2 months ago | Report Abuse
John, I did and mswg had replied on my concern on 6th June 2024 stated to wait for IFA and Boards recommendation. EGM if any minority unable to attend to vote, then can sign the proxy form to assign John Zhang ..
2 months ago | Report Abuse
Thought might be some announcement today. Suspense gila nie......
2 months ago | Report Abuse
https://www.sinarharian.com.my/article/670939/edisi/selangor-kl/baki-penduduk-sungai-baru-masih-tidak-berpindah?fbclid=IwZXh0bgNhZW0CMTEAAR1pJqOfkJI8hAAdw8gD7knf08ukujcVZEKP3Op-sxTUgFVoZ2QtDJKNyNs_aem_ZmFrZWR1bW15MTZieXRlcw
(Just for a laugh) we minority should squat at Pengerang lands demand SCR offer price to be increased.
2 months ago | Report Abuse
https://theedgemalaysia.com/node/714075
The edge covering the SCR. Hopefully they come up with a detailed valuation in their weekly news!
2 months ago | Report Abuse
Dompeilee, thanks for sharing, great reminder to us all we are competing in unfair ruthless system controlled by tycoons. Agree with you, load lots of share now just to fight Surin is futile. All should be attracted to it's undeniably deep value landbank. Surin have ample time to privatise when COVID, share dropped to 0.50+ (+ before disposal of insurance arm), but he choose to take action now, precisely when government hype up on SEZ and investments in data centres and renewable energy.
All good vibes lining up for MPHB story, the share price should be easily at RM2.4 if it's not manipulated by Surin.
It will be great if you and everyone can support us for this good cause for a chance to maximise our investments potential and as AJKEAT shared, age is what we are competing with Surin (we can wait l, who knows 1 or few more years =) )
2 months ago | Report Abuse
John, me small anchovy, 97k share only.
2 months ago | Report Abuse
Received a reply from Minority Shareholder Watch Group, they recommended us to wait as Board has not announced their decision (deadline 27 June 2024). Thereafter shall wait for IAC advice and recommendations if price is fair.
2 months ago | Report Abuse
Pengerang SEZ+ Oil refinery + RE + Singapore + Saudi .. all news lead to only one direction for the land price (up to the moon).
Sorry Surin, this time you can't getaway with discount. Hope you do the right thing to leave yourself a legacy and memorable by minority shareholder
2 months ago | Report Abuse
SURIN offer will be tabled to Board for approval (Surin & related parties abstained for voting). If they approved this shit, notice of at least 21 days required to conduct EGM for shareholder voting. If this shit approve by minority shareholder , need to submit application to high court for SCR. I think fast also need 3-6 months.
2 months ago | Report Abuse
Old Fox. Sepandai-pandai musang melompat, JohnZhang will lead the sheeps to bring him down!
2 months ago | Report Abuse
Friend, can share key AGM highlight. IB not in time to submit my proxy form.
2 months ago | Report Abuse
That's how super rich screw minority shareholder. Top 30 shareholder, many has been holding their shares tight for years, don't see any rush to unload. The odds in our favour to reject this initial unfair proposal. I think Surin knows it that's why he low ball now and will come up with next unreasonable offer formulated during his 15 minutes toilet break (I suspect 1.90)
2 months ago | Report Abuse
Bro Sslee, Pengerang is in plan to be gazetted as special economic zone. Q1FY24 we saw a huge RM54mil spent in a quarter which likely conversion of Pengerang to industrial title, if conversion not probable, their accountant would not dare to capitalise in their book.
Surin has planned it since beginning with his cronies accumulating shares every year. At price of RM1.70 now is only to buy out the rights of Pengerang from shareholder, technically he gets remaining lands and hotels for free.
Surin wanted to try his luck with this shitty proposal, and we will see how other major institutional, private fund will response after holding the lacklustre performance shares for 10 years awaiting for this exact moment.
2 months ago | Report Abuse
If majority 75%, mostly institutional investor ok to play by Surin game, nothing much retailer can do... At least before game end, we planned and executed the final phase before declare "GG".
2 months ago | Report Abuse
John, I will make time to attend. I also hope Board show some conscience rectify and resubmit a fairer proposal before EGM.
2 months ago | Report Abuse
Good info. Besides
, MPHB also in hospitality segment, Flamingo by the Lake (280room) at Ampang and Flamingo By the Beach (230room) at Penang. Major stakeholder privatising at this cheap price is day light robbery.
2 months ago | Report Abuse
I submitted a complaint to mswg. Hope it work.
There are also many major institutional investor that have been holding the shares for decades, wonder if they will act with us on our side... I hope the EDGE editor not a friend of Surin and publish unfair privatisation offer append with computation of all the assets worth in coming week the EDGE.
2 months ago | Report Abuse
Niama!!!!!! Privatisation offer RM1.70 only (###*&!!!?!+(!£¢¢$$^^¢¢(curse surin family few generation!!!!!!)
2 months ago | Report Abuse
I think will be a mediocre offer but I hope minimum price can be above 2.20 to take home my first 6 digit profits.
2 months ago | Report Abuse
Latest Q1FY14 increased RM54M in non-current investment properties. Most likely capitalisation for applications of Pengerang agricultural into industrial land.
2024-05-15 16:17 | Report Abuse
Many years back it was force acquired by government at RM8psf, inflation etc now it should easily be more than RM12. Once pengerang gazetted, FDI can easily apply to rezone as industrial land.
2024-05-13 14:49 | Report Abuse
FY2022, MPHB appointed a new NED with extensive background in land and legal contract. Since then I were hopeful this appointment is getting ready for something really really big.
https://klse.i3investor.com/web/corporatefigure/detail/5237?id=5237-57426-1607488572
2024-05-13 14:12 | Report Abuse
BURSA, faster send out UMA to MPHB asking for explanation why market has not limit up! Hahahaha.
2024-05-13 13:49 | Report Abuse
Another mega project on land owned by MPHB.
2024-05-13 13:44 | Report Abuse
After 10 years holding, light is finally at the end of the tunnel!
2024-03-11 09:46 | Report Abuse
Not putting any hope this round. Possible another pump n dump.
2024-03-07 17:13 | Report Abuse
Entry of Norway pension fund in SNS since Q4FY23, accumulated 1.2% shares. This a positive sign. Will ride this share till year end.
2023-09-22 23:02 | Report Abuse
https://www.klsescreener.com/v2/news/view/1206495
Special economic zone / Pengerang land for solar production. Hope MPHB has a capable team to ride on this opportunities and make all of minority here a millionaire..
2022-12-02 19:09 | Report Abuse
Today number of share buy back (volume), did the management tried to hint on something.. haha..
2022-11-24 19:30 | Report Abuse
If new PM10 using pre-budget 2023 as base case, Pengerang will be given special status, shareholder should be excited, it open up a chance to unlock value of Pengerang lands.
2022-11-23 19:20 | Report Abuse
In a decade, first time the Co exercised its share buy back, hopefully share price to pivot from now.
2022-11-23 17:52 | Report Abuse
Q3 finally out. After stripped insurance, billion in assets from investment properties, securities, receivables and cash, and nil liabilities. Current price to book value is very attractive. Bought some today to keep.
2022-10-27 20:44 | Report Abuse
Recently I passed by Hotel Flamingo at Jalan Ampang, the exterior paints was refurbished. Seems they very proactive spending the proceeds =) don't think there will be another special dividend till next big disposal .
2022-10-20 08:40 | Report Abuse
Sorry typo (unlock not unlucky)
2022-10-20 08:38 | Report Abuse
If investing are formula driven, everyone will be average. MPHB successfully unlucky RM1 per ordinary share from insurance disposal, hypothetically recovered most of price we paid for the shares.
Next catalyst are the plans to monetize land banks, Pengerang proposed in budget fy23 to be given special status and incentives for chemical & petrochemical is a great booster, who owned the largest land bank there?
Why exit when no debt, future is only left with upsides.
2022-10-05 18:46 | Report Abuse
Why property sector will downgrade d value?
2022-09-27 15:00 | Report Abuse
Haha..end game.. all I wish is to up 5 % daily till target price RM5
2022-09-22 11:08 | Report Abuse
300k q at 1.40, first time I saw..
2022-09-19 18:30 | Report Abuse
Theong, what is your holding period?
2022-09-13 18:06 | Report Abuse
The land to build their plants?
Stock: [MPHBCAP]: MPHB Capital Berhad
3 weeks ago | Report Abuse
It is a blessing in disguise the SCR procedures take long approval. At least 1.60 is locked in for now as compared to the bloodbath everywhere.