Posted by Jon Choivo > 2017-04-09 21:19 | Report Abuse

Great pick. But it depends very much on your investment appetite. This is the kind of stock where nothing can happen for a long time or even go down, before shooting up 500%.

If you buy this, prepare to hold for a long time and average down is needed.

Posted by calvintaneng > 2017-04-09 21:29 | Report Abuse

Jon Choivo

It won't take too long to see Mui Bhd value unlock now

See

https://www.theguardian.com/business/2017/apr/06/laura-ashley-boss-to-pay-ex-wife-divorce-settlement-of-64m

Posted by calvintaneng > 2017-04-09 21:33 | Report Abuse

On Thursday, Mr Justice Bodey ruled Chai should receive a £64m settlement made up of cash and property.

Notice the above words?

Settlement made up of cash and property


It is not disposing Mui Bhd shares to Pauline. It will be most probably selling Assets like Hotels or Others to raise Cash.

Once the Assets are Appraised for Latest Updated Figures

MR MARKET WILL SIT UP AND TAKE NOTICE!

Posted by Jon Choivo > 2017-04-09 21:33 | Report Abuse

I know, but or 300M is not that big. Its payable is property and cash. His house in UK also worth about 150M d. Just that house plus another and abit of cash enough d.

No idea, i bought pmcorp at 165, bought abit more at 160. Have not sold. But i think its best if people buy this with the mindset of being willing to wait and average down.

Instead of thinking it will limit up in 1 month time.

Posted by calvintaneng > 2017-04-09 21:40 | Report Abuse

Jon Choivo

"SUSTAIN YOUR PATIENCE GREAT MOVEMENTS TAKE TIME TO DEVELOP"

Posted by MusangK1ng > 2017-04-09 21:43 | Report Abuse

POOR MUI SHAREHOLDERS... YOU KNOW WHAT HAPPEN WHEN CALVINTANENG STARTS TO PROMOTE YOUR STOCK.

Posted by calvintaneng > 2017-04-09 21:55 | Report Abuse

Poor Mui shareholders?

Far from it!

Mui shareholders are now on to a huge windfall

See on September 20th 2013 Calvin called for a buy on Pm Corp


Posted by calvintaneng > Sep 20, 2013 08:57 PM | Report Abuse X

DEAR friends at PM CORP. You are looking at the Best Of The Very Best Counter in BURSA! Why? What Are The Reasons? Let me give you the following reasons? Reason No.1. PM CORP(4081) has net Cash of 18.5 cts per share. When you buy PM Corp you are buying now (20th September, 2013) for Only 15 cts a Share. A discount of 3.5 cts per share. A Great Buy.

History of Pm Corp in i3 forum

Calvin on Sept 20th 2013, that memorable day Issued a Strong Buy call on Pm Corp at 15 cts.

As predicted chun chun Pm Corp later gave a nice Cash payout of 8 cts. So at current closing price of Pm Corp of 19 cts - Pm Corp is 27 cts

Less 15 cts original price there is a 12 sen profit or 4 cts for each of the last 3 years.

And by percentage gain it is a nice 80% or 26.6% yearly for 2014, 2015 & 2016

And Pm Corp Top Shareholder is Mui Bhd


Now tell me if Mui Bhd being the Ultimate Shareholder of Mui Group will perform less?

Posted by calvintaneng > 2017-04-09 22:33 |

Post removed.Why?

Posted by lextcs > 2017-04-09 22:38 | Report Abuse

u know what they say...when Mui comes, the bull mkt is almost over.

Posted by Apollo Ang > 2017-04-09 22:38 | Report Abuse

it will be awaken if retails dump their stocks to the fund managers

Posted by calvintaneng > 2017-04-09 22:56 | Report Abuse

Dump stocks of Mui Bhd to Fund Managers?

Maybe or maybe not.

See how Mui Bhd's wealth is accumulated over the years. The wealth is there although Mr Market does not know its true value

But according to Warren Buffet's newsletter: Wealth is not destroyed but can only be transferred

See

Our efforts to materially increase the normalized earnings of Berkshire will be aided – as they have been
throughout our managerial tenure – by America’s economic dynamism. One word sums up our country’s
achievements: miraculous. From a standing start 240 years ago – a span of time less than triple my days on
earth – Americans have combined human ingenuity, a market system, a tide of talented and ambitious
immigrants, and the rule of law to deliver abundance beyond any dreams of our forefathers.
You need not be an economist to understand how well our system has worked. Just look around you.
See the 75 million owner-occupied homes, the bountiful farmland, the 260 million vehicles, the hyper-productive
factories, the great medical centers, the talent-filled universities, you name it – they all represent a net gain for
Americans from the barren lands, primitive structures and meager output of 1776. Starting from scratch, America
has amassed wealth totaling $90 trillion.

It’s true, of course, that American owners of homes, autos and other assets have often borrowed heavily
to finance their purchases. If an owner defaults, however, his or her asset does not disappear or lose its
usefulness. Rather, ownership customarily passes to an American lending institution that then disposes of it to an
American buyer. Our nation’s wealth remains intact. As Gertrude Stein put it, “Money is always there, but the
pockets change.”

Note Warren quote these words, "Money is always there, but the pockets change."


And more of his words,

" If an owner defaults, however, his or her asset does not disappear or lose its
usefulness. Rather, ownership customarily passes to an American lending institution that then disposes of it to an
American buyer. Our nation’s wealth remains intact."


The Immense Hidden Wealth of Mui Group is intact.

And so Calvin and his Johor Buddies buy. And keep on buying while prices remain cheap.

It doesn't matter how how long it takes to unlock value. For that we can wait.

It may be this week, this month, one year or 3 years later.

We can wait if the reward is certain!

Posted by calvintaneng > 2017-04-10 08:37 | Report Abuse

Great News for Mui Group

Houses in Bandar Sendayan near Seremban are selling well

See

http://www.thestar.com.my/business/business-news/2017/04/10/strong-takeup-for-matrix-concepts-landed-property-in-negri/

This is good news for Mui Prop as Mui Prop has over 1,000 acres of Prime Freehold lands in Bandar Springhill which has a Book Value of about only Rm2.00 psf

And Mui Group should SEE activity as Pauline/Tan Sri KKP divorce has closure

Mui Bhd owns 70% of Mui Property. Bandar Springhill lands if revalued should rise from Rm2.00 psf to Rm30 psf today. And with Malaysian Vision Valley moving southward it will reach Bandar Sprilhill one day.

Posted by calvintaneng > 2017-04-10 09:10 | Report Abuse

MUI

Multiple
Upside
Indicator

1. Divorce closure will unlock Mui Bhd Oceon Bottom Value Assets.
All the hidden secret riches of Mui Bhd might come to light

Posted by calvintaneng > 2017-04-10 09:15 | Report Abuse

MUI

Multiple
Upside
Indicator

No. 2

MUI BHD ASSETS ARE STILL IN ANCIENT BOOK VALUE. HYDE PARK LONDON CORUS HOTEL WITH OVER 113 YEARS HISTORY IS NOW WORTH OVER

A COOL BILLION RINGGIT IF REVALUED AND SOLD.

MUI HAS A TOTAL OF 10 UK CORUS HOTELS BOUGHT DECADES AGO WHEN KKP SOLD OFF MUI BANK TO HONG LEONG GROUP.

TAN SRI KKP INVESTED THESE MONIES INTO UK, AUSTRALIA, USA ASSETS

ALL AT DIRT CHEAP PRICES.

IF ALL ARE REVALUED THEY SHOULD SURPRISE THE MARKET!!

Posted by calvintaneng > 2017-04-10 09:20 | Report Abuse

MUI

Multiple
Upside
Indicator

No.3

Mui Bhd owns over 400 Laura Ashley in Europe and round the world.
Calvin once called for a buy on Padini at Rm1.60

Padini has shot up and made Calvin 80% profit!

But what is small Padini compared to Laura Ashley?

What is the total value of Laura Ashley today.

Laura Ashley is traded in the London Stock Exchange. This is another hidden secret of Mui Bhd

Posted by calvintaneng > 2017-04-10 09:22 | Report Abuse

And more to come.

Going to Booming Iskandar now.

Will post later.

Hip hip hooray!

Posted by paperplane2016 > 2017-04-10 09:33 | Report Abuse

Divorce done. Next?

Posted by calvintaneng > 2017-04-10 11:06 | Report Abuse

Just arrived in Booming Iskandar! So happy place here!!

Yes, Steven Yong,

At long last with divorce settlement of a mere rm355k out of the way we will SEE the unlocking value in Mui Bhd.

Tan Sri Dr Khoo is the winner. Only a mere Rm355 million out of his vast billion ringgit asset. You picked IwCity below 90 cts. Now already up 200%

Hope Mui Bhd can beat that?

Hahaha!

Posted by paperplane2016 > 2017-04-10 11:09 | Report Abuse

hopefully Calvin bro.

Posted by calvintaneng > 2017-04-10 11:11 | Report Abuse

Yes, must hold tight for full value.

This one I followed almost 8 years already. Time to harvest soon.

Posted by calvintaneng > 2017-04-10 11:16 |

Post removed.Why?

Posted by stncws > 2017-04-10 11:18 | Report Abuse

CALVIN CRITICISE KKY FOR THE LOST TRADE
BUT HE NEVER SAYS MUI BHD, NOW OLEDI 4 YRS STILL PEANUT!

IF USE 100K TO BUY OTHER STOCK
NOW OLEDI 500K !!

PEANUT CALVIN !

Posted by calvintaneng > 2017-04-10 11:35 | Report Abuse

Hahaha!

Last 4 years?

4 memorable good years?

Let's SEE

4 stocks hit 200% jackpot - Jaks, Silk, Pohuat and Super Enterprize

Another 10 stocks hit 100% chun chun

So added up = 1,800% already!

So what is the 500% you cry father cry mother?

And Mui Bhd?

Hahahahaha!

You got it. You are so clever!

Did you say Calvin will make 500% in Mui Bhd?

Thank you! Thank you!

Posted by Kukuman > 2017-04-10 11:36 | Report Abuse

good boy

Posted by calvintaneng > 2017-04-10 12:38 | Report Abuse

No. 4

Mui chai sure got dowry, jewels and heirloom.

See Mui Bhd got 6 acres of prime lands with hotel in Tasmania, Australia.

Was bought for a song in 1996 during recession. Now Australia has double booster.

1. Aussie property prices spiked due to China investors snapping up properties in Sydney and Melbourne

2. Ringgit crashed against strong Auusie dollar

How much monies Mui Bhd will get for this Aussie 6 acres assets?

Kaya leow!

Posted by dunplayplay > 2017-04-10 12:56 | Report Abuse

Calvin, dun play play with Mui chai ar!

Posted by dunplayplay > 2017-04-10 12:57 | Report Abuse

a Mui chai will no longer a mui chai after 14 years of waiting !

Dun play play ar !

Posted by calvintaneng > 2017-04-10 13:09 | Report Abuse

dunplayplay a Mui chai will no longer a mui chai after 14 years of waiting !

Dun play play ar !
10/04/2017 12:57


Only 14 years? No lah! Already more than 40 years already!

Tan Sri KKP first met and married Pauline when Pauline was voted the best Mui chai then - Miss Malaysia!

And Tan Sri got 5 children by her

So it is reflected by

Tan Sri taking over Mui Group shares. Mui bhd was selling toothbrushes & household utensils then (See https://en.wikipedia.org/wiki/Khoo_Kay_Peng)

After resigning as Bank Manager KKP founded Mui Bank which he later sold to Hong Leong Bank

After selling Mui Bank he took the proceeds and invested all over the whole world.

In UK alone there are 10 CORUS HOTELS


To be continued....

Posted by enning22 > 2017-04-10 13:09 | Report Abuse

this is famous crocodile stock,awaiting the preys.Unless a change management of ownership, the fate may change.

Posted by dunplayplay > 2017-04-10 13:12 | Report Abuse

After selling MUI Bank, the proceed invested in mediocre businesses that guarantee lousy result and making small investor like Calvin emerged as Z1raffe!!!

dun play play with mui chai ar !

Posted by dunplayplay > 2017-04-10 13:14 | Report Abuse

If you tracking the ROI in MUI after the disposal of banking business, the return is top 10 the most lousy return to investor1

Calvin is fond of promoting Holland stock to you...dun play play with MUI chai ar...dun play play with Calvin ar!

Posted by dunplayplay > 2017-04-10 13:16 | Report Abuse

If you don't like to be trapped like a Ziraffe in your investment, don't follow the Hollander - Calvin!

dun play play with MUI chai ar!

Posted by calvintaneng > 2017-04-10 13:17 | Report Abuse

Posted by enning22 > Apr 10, 2017 01:09 PM | Report Abuse

this is famous crocodile stock,awaiting the preys.Unless a change management of ownership, the fate may change.


Don't worry about crocodile or even python

See how crocodile & even python skin became valuable clothing objects

Posted by calvintaneng > 2017-04-10 13:23 | Report Abuse

Posted by dunplayplay > Apr 10, 2017 01:14 PM | Report Abuse

If you tracking the ROI in MUI after the disposal of banking business, the return is top 10 the most lousy return to investor1

Calvin is fond of promoting Holland stock to you...dun play play with MUI chai ar...dun play play with Calvin ar!


WAHAHA!

Calvin promotes holland stock?

See this one Calvin promoted on December 16th 2014 in Jaks forum


Posted by calvintaneng > Dec 16, 2014 03:00 PM | Report Abuse X

Whoa!

Top boss bought at 44 cents and above, millions of them. Anything below 40 cents is a bargain!

So don't wait or else Jaks jump Jump JUMP Up And Away!


You probably missed Jaks at 40 cts. You will also miss Mui Bhd now at 18 cts unless you change your conceited mindset.

See how Uncle KYY swallowed 30% of Jaks as high as Rm1.55 now!
So go tell KYY he is buying Jaks the holland stocks?


Don't be surprised one day even ColdEye will say Mui Bhd is good.

Why not?

See PBA which Calvin promoted. ColdEye is also Top 30 holder of PBA

SO YOU BETTER WAKE UP!!!

Posted by myongcc5 > 2017-04-10 13:24 | Report Abuse

Calvin also nothing wrong except having too long long bars (too long msgs)

Posted by calvintaneng > 2017-04-10 13:27 | Report Abuse

Posted by myongcc5 > Apr 10, 2017 01:24 PM | Report Abuse

Calvin also nothing wrong except having too long long bars (too long msgs)


Perfectly Ok if you are genuine investor.

Warren Buffet holds many stocks for more than 20 years already. And some he intends to hold for forever like Cocacola.

I owned UMW for 13 years already.

Long term performance is the forte of all Super Investor.

Not super gamblers like Jesse Livermore who ended up in a seedy hotel & finally committed suicide

Posted by paperplane2016 > 2017-04-10 13:44 | Report Abuse

calvin , to be honest. IWCITY move now because some big shark pushing. China property doesn't look good. be cautious.

US fed shrking book always result in 1 thing=FINANCIAL CRISIS.
Trade carefully now.........

Posted by calvintaneng > 2017-04-10 13:58 | Report Abuse

Posted by paperplane2016 > Apr 10, 2017 01:44 PM | Report Abuse

calvin , to be honest. IWCITY move now because some big shark pushing. China property doesn't look good. be cautious.

US fed shrking book always result in 1 thing=FINANCIAL CRISIS.
Trade carefully now.........

Thank you Steven,

Calvin thinks you are very smart.

This year I have picked many highly defensive stocks which have under performed this passing market euphoria.

I hope when this phase of goreng bull is over some i3 forumers still survived and continue with us into year 2018.

Very critical and dangerous times are still ahead.

Posted by shunfeng2032 > 2017-04-10 14:08 | Report Abuse

great writing, forget about its 1 B loan, 2.6B accumulated losses. it is a great catch if operator push it from here.

Posted by Kukuman > 2017-04-10 14:09 | Report Abuse

calvin boy. you got your attention now

Posted by calvintaneng > 2017-04-10 14:31 | Report Abuse

shunfeng2032 great writing, forget about its 1 B loan, 2.6B accumulated losses. it is a great catch if operator push it from here.
10/04/2017 14:08

1 B loan is nothing if just one London Hyde Park Hotel can settle it. 2.68 B accumulated losses already all reflected in the share price as it dropped from Rm24.00 to less than 20 sen now.

And Laura Ashley shares alone if sold can generate Rm250 mil. Plus selling Corus Hotel KL can garner another Rm500 mil. So Rm700 mil - Rm355 mil for Pauline there is a surplus of over Rm395 millions

The Balance?

2 Golden Plots of Lands in Amapang near former British Embassy

9 More CORUS HOTEL in UK

6 Acres Lands in Tasmania

Buildings in USA

Factories in Penang, Shah Alam, Johor

Condo in Singapore

1,000 over Acres Prime Lands in Bandar Springhill

Stock Brokering Firm (Pm Securities)

Tours Related Business (Pm Holdings)

Chocolate Food Manufacturingin Pm Corp

Metrojaya, Reject Shop, East India shopping entities

Factory in Hong Kong.

Many other pieces of prime lands. You must remember that Tan Sri Khoo made his first million as a housing developer. The ultimate value for land use is Hotel, Commercial Complex & high value usage of space.


What is the TOTAL NET NET - TOTAL LIABILITIES OF MUI GROUP

If you get it right you SURE KAYA LEOW!!

Posted by enning22 > 2017-04-10 16:20 | Report Abuse

Tan Sri Khoo's wife said her husband is a crook, and ask for devoice, and granted.

Posted by calvintaneng > 2017-04-10 22:00 | Report Abuse

enning22 Tan Sri Khoo's wife said her husband is a crook, and ask for devoice, and granted.
10/04/2017 16:20


You don't simply accuse Tan Sri Dr KKP without concrete proof!

Posted by calvintaneng > 2017-04-10 22:03 | Report Abuse

Latest news from Asiaone Singapore

http://news.asiaone.com/news/malaysia/ex-miss-malaysias-divorce-case-uk-court-orders-tycoon-pay-112-million

Posted by calvintaneng > 2017-04-10 22:24 | Report Abuse

KUALA LUMPUR - Malaysian tycoon Khoo Kay Peng, who owns the Laura Ashley brand, has been ordered by a British court to pay £64 million (S$112 million) to his former wife as settlement for their divorce in a long-running row.

Judge David Bodey said in his ruling on Friday (April 7) that Chai should receive the divorce settlement in the form of both cash and property, the Guardian reported.

The judge's detailed judgment on how the matrimonial assets would be split is expected to be released soon, said the report.

- See more at: http://news.asiaone.com/news/malaysia/ex-miss-malaysias-divorce-case-uk-court-orders-tycoon-pay-112-million#sthash.AKbxIAMd.dpuf


According to the Guardian report:

"Settlement in the form of both cash and property"

"The judge's detailed judgment on how the matrimonial assets would be split is expected to be released soon".


What is the interpretation?

Answer could be:

1) Tan Sri Give Pauline the 1,000 homestead in hertfordshire, Greater London. According to advertised land for sale in the UK around Hertfordshire the value of land is about 60,000 british pound an acre.

So 60,000 x 1,000 = 60.7 million pound

Since the awarded sum is 64 million pound

So the settlement could be 64 mil pound - 60.7 mil pound = 3.3 million pound outstanding or Rm18.15 million Cash.

This is too easy for Tan Sri Dr KKP

See

http://www.themovechannel.com/propertyforsale/2-bed-house-welwyn_hatfield-united_kingdom-27821774/

Posted by calvintaneng > 2017-04-10 22:43 | Report Abuse

Another route for settlement could be the disposal of Laura Ashley shares (Mui Bhd & KKP own 44% of Laura Ashley (There are more than 400 Laura Ashley Stores in 29 countries worldwide!

These are the figures for Laura Ashley share traded in London Stock Exchange

Latest traded price of Laura Ashley is 14.63 pence.

1 Pound = Rm5.50

So convert 14.63 to ringgit = 14.63 x 5.5 = 80.46 cts

Total paid up shares of Laura Ashley = 727,760,000 shares

So 804.6 x 727,760 = Rm585,555,696

Mui Bhd owns 44%

So Rm585,555,696 x .44 = Rm257,644,506


Less from Rm355 Mil owing to Pauline = Rm97.3 millions (Cash to be paid to Pauline)


If Selling Laura Ashley Plus 1,000 Acres Hertfordshire estate

Rm257,644,506 + Rm333.85 million (60.7 mil british pound)

= Rm591 millions

Less Rm355 mil to Pauline = Rm236 millions!

So there is a CASH WINDFALL OF RM236 MILLIONS AFTER DEDUCTING DIVORCE SETTLEMENT

TO PAULINE


And the 10 CORUS HOTELS ARE INTACT

2 MALAYSIAN CORUS HOTELS &

ALL OTHER ASSETS.


And there is a LOT LEFT For Distribution to Shareholders if Tan Sri Dr KKP call it a day and liquidate everything & distribute to all Mui Group shareholders!

Posted by calvintaneng > 2017-04-10 22:43 | Report Abuse

See Laura Ashley shares

http://investing.thisismoney.co.uk/quote/ALY

Posted by calvintaneng > 2017-04-11 00:15 | Report Abuse

There is a time line for wealth

1) Future Wealth

2) Present Wealth

3) Past Wealth

Future, present & past Wealth? What are they?

Let me illustrate

1) Future Wealth is represented by a young graduate fresh from School. Usually a young man in his mid twenties.

He is still young and yet to buy his own house. He might own an affordable car or just a motorbike.

What his he got? HE HAS HOPE. HE IS FULL OF DETERMINATION TO SUCCESS & FULL OF IDEAS!! But he has yet to make any real monies. His Wealth is Yet in The Future!

This is represented by a very young company. Management is full of ideas, ventures & mergers. Full of energy & hope. Lots of enthusiasm during IPO. See how many write up to promote this newly listed company. Gullible people are chasing. But the stock is yet untested. Business yet to prove itself. All hype and hope for Wealth still in the future!

Calvin rarely invest in this type of company. Better avoid.


2) Present Wealth. Represented by Growing Companies with Proven Income. Usually healthy PRESENT Growth that is visible. This is like a mature man in his 30s to 40s. He has bought his house & car. But the bulk of his monies still invested in his growing business.

So his wealth is still being generated in the present.

This is popular growth stocks.

Calvin will buy some. On one condition. He looks for a fair price to enter. Best is during a market crash or overlooked by the market.

Stocks like kimlun at Rm1.28, Masteel at 65 cts, Insas at 65 cts & Prestar at 46 cts or Jaks when it was only 40 cts.

BUT CALVIN WON'T PAY A HIGH PRICE FOR THEM WHEN PRICES ARE INTO OVERVALUATION. IF YOU OVERPAY FOR ANYTHING. CHANCES ARE THEY WILL UNDERPERFORM THE MARKET FOR A LONG TIME TO COME LATER.


3) Past Wealth.

This is an old matured person in his 50s, 60s, 70s or even 80s

He once was a young graduate with Vision. He moved on to be a very successful businessman in his prime. So he has used his earnings to buy lots and lots of Assets like Lands, properties, warehouses, shophouses & other investments of Value. CASH OR EARNINGS CONVERTED TO REAL GOOD SOLID ASSETS - SO HIGH NTA REFLECTED IN BOOK VALUE.

As he is already old his slows down. He takes less risk. He looks for Capital Preservation First with a View to Growth. But usually things are more settled as he is no longer as hungry like he was a fresh graduate once.

In such slow dull stocks people start to lose interest. Stocks like MUI Bhd is sold down all the way from Rm24 a share in its heydays to about 19 cts now. IT WAS PRICED RIDICULOUSLY HIGH AT RM26 WHEN IT WAS IN GROWTH STAGE. AND IT WAS BOMBED OUT AND TOTALLY SOLD DOWN TO ONLY 15.5 CTS WHEN OLD & MATURED WITH DEEP HIDDEN VALUE. THIS IS ACTUALLY THE RIGHT TIME TO BUY. BUYING MUI BHD IS LIKE BUYING INTO PAST WEALTH. STILL ABLE TO BUY GOLD AT ONLY RM35 AN OUNCE?

But this old man stock has past wealth. Mui Bhd has 10 hotels in UK, Laura Ashley (over 400 outlets), 2 hotels & high value lands still at ancient book value.

Last time my parents bought Old gold 99% pure at only Rm35 an ounce!

So much past assets are locked up yet at Old Book Value.



Calvin specializes in buying into DEEP VALUE ASSETS COMPANIES SELLING FOR A SONG

Posted by calvintaneng > 2017-04-11 08:25 | Report Abuse

Hi there,

Good morning,

The time for Mui Bhd is now as Divorce Settlements Force Asset Sale

Let's take a look at CORUS HOTEL HYDE PARK, London

This Hotel was built 200 years ago right in the hottest spot of London!

It has 389 rooms. Each room is tenanted out above Rm1,000 a night but goes from Rm600 to Rm800 per room after discount through online booking.

Let's take the lowest average denominator to work out its Intrinsic Value

Rm600 to Rm800 per room (Bargain price discount). The average? Rm700

So Rm700 x 365 (Yearly rental) = Rm255,5000

And for 389 rooms = Rm255,500 x 389 = Rm99,389,500 (That's Rm99.3 Millions Gross Income from Room Rental. Not counting Conference Room rental, F&B Sales, Wedding Reception & other incomes)

Now if we take a 10% gross yield

It would be Rm99.3 millions x 10 = Rm993 Millions

What if we increase it by another 30% for other incomes & walk in customers?

So Rm993 millions x 1.3 = Rm1.29 Billions

So the Value of HYDE PARK CORUS HOTEL is worth at least Rm1.29 Bilions if sold today.

What is the Book Value of This Hotel?

Let's look a Mui Bhd Annual Report

Rm264,261,000 or Rm264.3 Millions

Let's SEE how much its profit?


Rm1,290,000,000 - Rm264,261,000

= Rm1,025,739,000 (A COOL RM1 BILLION PROFIT! WOWEE!!)

Posted by calvintaneng > 2017-04-11 08:27 | Report Abuse

See details of CORUS HOTEL HYDE PARK LONDON

http://www.corushotels.com/london/

https://www.expedia.com.my/London-Hotels-Corus-Hotel-Hyde-Park.h428403.Hotel-Information?rfrr=Redirect.From.www.expedia.com%2FLondon-Hotels-Corus-Hotel-Hyde-Park.h428403.Hotel-Information