I was just contemplating why Datuk Surin and all 5 Directors were loading up so many Mphbcap shares.
I think if i am not mistaken there was a rumor that After they sold off the INSURANCE BUSINESS THERE MIGHT BE A VERY JUICY RM1.00 CAPITAL REPAYMENT OR MORE.
AND IF GREAT EASTERN LIFE BOUGHT OVER THE INSURANCE ARM FROM MPHBCAP THEN MPHBCAP WILL INDEED KABOOOOOM LIKE KUCHAI!!!
Land remain as paper value if is not developed and or sold. It could be waiting for another 10 years nothing happens to unlock value. Unlike property which can generate cash flow and easier to encash.
As RAPID is rapidly in completion with all infrar, electricy, water, sewage, drainage and highways just beside Mphbcap's lands it will be very easy to build anything on these lands when converted from oil palms
You should check in on some of those fields below.
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Posted by Jon Choivo > 2018-01-12 19:01 | Report Abuse
Remember people, buy little bit, this is not the only NTA play in the Bursa