May be 1 year, 2 years ....May be within 9 months.
Aiyo, anyway risky, i would not stay

Mpcorp needs time to back to the track.

Waiting patiently is also a must in investment.
Take good care.
Bye

able to insist on own opinion is a must in investment.
If not, we are following the choices of others and most probably we might lose the chance to gain profit.
I support you sincerely.
But,i am not following you.
I am timid.

calvin, i support you sincerely.

PN17 counter......
what APTEC and LAKEHILL la...liar.

liar.

Calvin,
"You can’t make a good deal with a bad person." quote warren...

Bill is not a good person. in jail before....
Choong Pooh is not a good person also.......................

Remember this,you can’t make a good deal with a bad person.

I think you have to keep your own way. Follow your own idea. Do not be affected with what Bill and Choong Pooh said and mentioned.

Mpcorp is a dangerous counter. Even can get profit also very risky one.

I prefer to stay away first and waiting until the price is low enough.
Take care all.

No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.

Beware of Mr Market, Mpcorp is not a good counter.

Warren Buffett cuts his stake in Tesco to less than 3%

Warren Buffett's “huge mistake” on Tesco PLC just got ... Tesco, whose shares have lost almost half their value this year.

we have no choice but in order to survive, we have to learn to cut loses.
Warren Buffett did the same thing because of his mistake in the stake of Tesco.

dispose early before getting late.
TPY being sued and new shares cancelled. ADSB using The National Land Code 1965 to fight with Mpcorp.
JMB's case, material litigation. Mpcorp might have to pay another 10-15 million if failed in this case.
more and more...........................
and it will fall into PN17 for sure because no par value reduction, the revenue of 2014 has to be at least 14 millions. How it can fulfill this requirement with no core business , purely with the rental income?
All you can do is selling when it still has some value and buy back when it is in the PN17 category, when the price is really cheap.....
Cut the lose before getting late.

Choong Pooh, where are you....
You die ah? or fled??
0.36, i bet you already bankrupt because of margin you mentioned last time...
HAHAHAHAHA..tortoise.

If the new shares issuance really cancelled.
Really hopeless, even debts can not pay to ADSB and RHB.
default again and again.
High interest pay to major shareholder....
Hopeless company

Let the time prove whether whether your decision is true or my opinion is false.

Calvin, continue to buy in. I wish you good luck sincerely.

But, i will stay away from this risky counter. I am timid.

In the end, Bill will sell the land parcels with a very low price to a company 100% owned himself.Then, the price will be gone to may be 60 cents.....this is the unlock value he meaned.
But, right now, i think the price will drop to about 26 cents.
May be tomorrow may rebound a bit, because of over selling few days back.
However, the price might continue dropping until January 2015 when it is in the PN17 category, the price at the bottom level may back to 40 cents gradually. It takes few years ....

MPCORP= potential PN17 counter....

But, i did not agree with Choong Pooh. He is mad....
Aiyo, 50 cents also i feel expensive.
Choong Pooh said over RM2, i think he is mad...
If really the mirage happened and MPCORP rise suddenly, RM1.50 i think is a big ang pow le la.....
Choong Pooh, the mad guy, where are you?
You made Calvin gila........
I would not involve in this risky counter, really risky....
Calvin, i wish you succeed.

Calvin, why you only mentioned me and Choong Pooh?
Thanks for your consideration.
HAHAHA

I am worrying of if land was being sold at a very low price...
related party transaction..
2015 turn into PN17, due to the cancellation of new shares issuance, par value reduction cancellation....
Mpcorp needs at least 14 million revenue in 2014 to keep him far from PN17.
This is impossible because now already Oct 2014, the revenue reached is 6 million.
The Wisma MPL overvalued. It is old, more than 30 years. 320 millions is a very high valuation.
If want to kick off Aptec or to renovate Wisma MPL, Bill needs new funds badly. The issuance of new shares only enough for the repayment of debts. How to kick off the project and generate income in future?
And now the TPY, new major shareholder is reported to have involved in secret money scheme. The Protasco made a police report. TPY might be in jail soon.
These are the negative factors that made me decided not to invest in MPCORP.
But, Calvin, you have your own opinion. Please do not get affected with what i mentioned here. May be you will win and you may get a good profit out of investment in MPCORP. Sincerely, i wish you succeed. Take care.

Through communicating, i bet you are a man more than 40 yrs old.
You know Tan Koon Swan, Pan-El crisis...you know a lot of facts.

Calvin means CALL WIN or "CALLING ALL TO BUY WINNING STOCKS"
"CALLING ALL TO BUY WINNING STOCKS" , you deserve it.

Calvin, i wish you succeed...
You are a good investor, really did your homework before invest.
However, i am quite timid. I can not afford loses, so i will not follow you.....
I know you will succeed.. good luck.
All the best. do not give up.

Calvintaneng, i am admire with what you said.
But, the thing is if the land was being sold at a very low price?
I mean related party transaction..
sell to themselves....
The value of the land will also turn back to themselves not the company.
Minor shareholder will get zero....

censof wb is not a good choice

Hopeless..................
This is a hopeless company.
The value is there but minor shareholder can not do anything to the decision made by major shareholder.
What EGM la...no need la...you have no right to oppose as they have more than 51%

Calvin, if the land was being sold at a very low price?
I mean related party transaction..
You know they did do this once before.
The reason is to generate sufficient revenue to avoid from dropping into PN17.
Even the land is valuable, they can sell it with low price to themselves to gain huge benefits.

Potential PN17

I think tomorrow will bounce back a bit.
Because already over selling.
The news come later than the price.
That is why these few days keep dropping.

MPC's deal with Tey PC in limbo and may soon be scuttled !
..................................................

calvin, you go and read the news first. digest it before you comment....
There are chances or risks awaiting.
I am sure that the share's price will be up sharply or down sharply

No white knight..

The ADSB using The National Land Code to get back the debts.
MPCORP has to give up APTEC for sure.

The revenur for 2014 till September only 6 million

The revenue of a company must be above 5% of the paid up capital. If not the company will fall into PN17.

But the thing is if the issuance of new shares were to cancel, it means that there is no white knight to enter and the debts will not be settled. The paid up capital will not be reduced down. The revenue has to be over 14 million in 2014 in order to make the company stay far from PN17.

You go and buy Nanyang (A13)
i could not find the news in internet.
Sources say that the issuance of new shares will be cancelled due to TPY's case...MPCORP will fall into PN17

there is bad news of MPCORP...today nanyang.
Later i post here

DescriptionKUALA LUMPUR HIGH COURT (“THE COURT”) ORIGINATING SUMMONS NO. 24NCVC-1341-08/2013 (“ORIGINATING SUMMONS”) - WISMA MPL JMB (“JMB” OR “THE PLAINTIFF”) VS MALAYSIA PACIFIC CORPORATION BERHAD (“MPCORP” OR “THE COMPANY” OR “DEFENDANT”)

If MPCORP is asked to pay to JMB, the amount will be more than 10 millions...

calvin, take a look.

Included in other payables are:
i) An amount of RM115.0 million which represents the balance of the settlement sum
according to the Settlement Agreement with Amanahraya Development Sdn Bhd
dated 10 March 2014.
ii) An amount of RM26.3 million is due to major shareholders of the Company on a
periodic emergency financial assistance requested by the Company. The amount
owing is unsecured, interest free and with no fixed terms of repayment.
iii) Interest accrued on revolving credit of RM17.1 million.

Mpcorp will undergo some restructurings..
Team of management has to be altered.

A company which managed by crooks caring for only their pocket and making idiots out of people buying their share

I think Mpcorp needs at least another 2 years to be stable.

The major shareholder might enforce the consolidation and ask for funds raising once again.

8% pa interest.
The increment of land's value?

For PMIND, you know how many times the shares are being consolidated?
When you mentioned KKP, i have a insecure feeling.

The legal charges can cause a higher rate of debts.
Without legal costs, 115 million; with legal costs, 130 million.

calvin, the main issue concerned with MPCORP is the debt.
and the National Land Code 1965.
Caveat will be once again been imposed. The proposed Aptec and Lakehill seem to be farer.

Gadang also is not a good choice.

It is truly a company which managed by crooks caring for only their pocket and making idiots out of people buying their share

Calvin, announcement dated 17 Oct.http://www.bursamalaysia.com/market/listed-companies/company-announcements/1769841

7. The Board of Director is of the opinion that Company is solvent in that it will be able to repay its debts as and when they fall due within the period of 12 months from the date of announcement.

aiyo, within the period of 12 months, means have to wait for another year. They already made their promise to settle the debts for many many times........................but just delay..