MPCORP's shareholder, preparing disaster to come.

choongpooh, you must be feeling horrible right now.

Choongpooh, you fled already?
Or after by Ah Long?

where is choongpooh?
Quite long did not hear from him.
It is unusual.

not reaching the bottom yet..
long way to go.

about to break 0.40..........
can wait till 0.35 to buy in further.

Committing fraud in Hong Kong: In 1996, then aged 57, Ch'ng was jailed for 4 years in Hong Kong for defrauding International Housing Development Ltd of US$16 million, when he was then its Chairman


http://malaysiafactbook.com/Ch'ng_Chong_Poh

ChongPoh is a well known liar.
You go and check his history.

Ch'ng was jailed for 4 years in Hong Kong for defrauding

Its debt still not being cleared..
How am i going to believe?

Will this company fall into pn17? Wonder..

wb now is 0.025 bid , 0.03 sell.
Wb is absolutely a rubbish. It means the mpcorp will not break 1.00. Breaking 1.00 is impossible.

Calvintaneng, it continues to drop, I do not think that this is a good sign.

today will drop also. May be will fall to 0.41..
Something might be happened...I have a feeling of unease.

hello, calvintaneng, you know the Mpcorp's boss?
you recognise chongpoh?

AWC introduced by cytew can give good return in very short period.
I am watching its movement and will give proper considerations before i make my decision.

My portfolio consists of BJCORP, UTOPIA, GLOTEC, FRONTKN

Utopia also a good choice.

In short term, this particular stock would not be attractive.
If get small earnings, i will shift my capital to BJCORP.
The UMOBILE is going to be listed soon.
Follow me, i am the one who can lead you guys to correct path.

It is a good chance for calvin and choongpooh to dispose their shares at higher level. Although i am not so happy with choongpooh i prefer to give him proper advise.
Choongpooh, wake up.
Your dream is sweet, but the reality is cruel.

Okay, may be i shall keep till 0.55.
Why i have such sudden decision??
I think mpcorp will not lower than 0.50 until the new shares have been issued. However hard the price can not sustained at above 0.50, major shareholder will definitely interrupt as nobody is willing to buy the new shares if the market price below 0.50.

mpcorp mati pucuk

wow....calvin you bought 0.435???
now 0.42, i just bought 10 lots to try luck.
HAha....0.45 i will dispose.

Invest unemotionally.

It’s human nature to be emotional, and life is richer for it. But it reduces investment returns. Many people make systematic errors in their investment thinking, due to their emotions, egos and innate cognitive biases. They suffer from confirmation bias, tending to seek out and find evidence to support their position rather than evidence that might refute it. They think about risk more when things are already going badly and less when prices are already up. They resist admitting mistakes and hold their losers too long. They think about how they’ll spend the money they’re expecting to make from investing, and this can cloud their judgment and encourage excessive risk-taking. They’re overly optimistic and overly confident about their investment abilities, which is dangerous. By contrast, Buffett is a paragon of rationality. His investment decisions are insulated from such emotionality. He has said he’d never give up a good night’s sleep for a chance at a slightly better return. He thinks long term and so he doesn’t panic when the market falls; instead, he sees drops as buying opportunities. To invest better, become a student of human psychology. Learn how emotions lead to cognitive errors, so that you can avoid those errors and benefit when others make them.

http://www.businessdictionary.com/article/896/investing-lessons-of-warren-buffett/

Stockpicking isn’t a hobby.

Everyone should be an investor. But not everyone should choose their own investments. To be a successful investor requires thousands of hours of deliberate effortful study to master the necessary skills, and then thousands more (or in Buffett’s case, tens of thousands) to use those skills to find worthwhile investments. Buffett read every investing book in his local library, many of them multiple times… by the time he was eleven years old. If you aren’t willing to put in the time and effort that stockpicking requires, the person on the other side of your trades is likely to know more than you, which is a recipe for underperformance. In that case, you’re better off simply buying a low-fee index fund which passively tracks the market, like VFINX, which tries to match the S&P 500. All of the lessons below are relevant for active investing, but many of them also apply to passive investing, so I encourage you to read on regardless of whether you decide to pick stocks yourself or just buy the entire market.

http://www.businessdictionary.com/article/896/investing-lessons-of-warren-buffett/

http://biz.thestar.com.my/news/story.asp?file=/2010/7/3/business/6579934

where is choongpooh?Choongpooh, you lose again.

SumuaOk, Choongpooh is really a mad guy i have ever met.

I feel like an idiot to talk much to you and calvin. Good luck.

your partner choongpooh will say thank you to you for your great support.

(calvintaneng)Buy more, i wish you good luck.Take care

Buy more, i wish you good luck.Take care

finally i know why you can be a partner of choongpooh.
You two guys are one pair.
same same gila.
meaningless to talk to you.

http://www.thestar.com.my/Story/?file=%2F2010%2F6%2F19%2Fbusiness%2F6289756

According to history, companies that involved in fraud can have high NTA until the moment it is being detected.
i give you some examples:
1)Megan Media Holdings Bhd (good company with NTA more than 1.50 before delisting)
2)Transmile Group Bhd (owned by tycoon Tan Sri Robert Kuok)
3)KENMARK

Calvintaneng, do not simply make conclusions with the statistical data you mean.

the wb is at 0.03-0.04. It means wb does not have any value.
Can you explain to me in what way the mother share will worth more than 1.00???

choongpooh, you got it wrong. still red in colour.
Go eat shit

congrat to choongpooh, finally you have a partner.

The stupidity of some individuals never ceases to amaze me.

choongpooh ah choongpooh.
Go eat shit

For those that still associate with a low standard man like choongpooh i really doubt his integrity or perhaps he either a true newbie that are not alert and wanna get some so call tips or well...imagination is better than knowledge...

"Bursa Malaysia publicly reprimanded MPCorp last month for failing to make an immediate announcement on the default in payments of the overdraft and revolving credit facilities of RM97.4 million granted by RHB Bank Bhd."
It did not disclose the default immediately, shows that......


Based on : http://m.kinibiz.com/tag/wismampl
WISMA MPL already pledged to RHB bank.
“Simple calculations show net rental before expenses of RM6.14 million giving a gross yield of 1.92%. Who would want to buy Wisma MPL at such a low yield? Investors could earn more by simply parking their money in long-term fixed deposit (FD) accounts for 3.5% per annum,” he said.
He also questions how a joint venture agreement can be reached when there are so many issues with Wisma MPL’s strata title."

choongpooh, don't cheat people lah....
luckily i did not follow you few days back...
The APTEC and LAKEHILL are dead.
It is odd for BLACKSEA such big company to invest such a large amount in MPCORP, whose market capitalisation is only about 110 million.


"This would not be the first time Ch’ng would serve time for a white-collar offense. In July 1996, he was jailed for four years in Hong Kong for defrauding International Housing Development Ltd., where he was chairman, of $16 million. He had done it to fuel his dream of taking majority control of the company in 1985. With him in prison were members of the bank that co-conspired in the scheme. "

Based on :
http://www.forbes.com/sites/neerjajetley/2014/01/19/malaysian-tycoons-dream-bites-the-dust-does-he-face-prison-time-again/