Accounting 101 answer. They are writing off intangible assets and they can do so at any time. They have almost completely written off the entire portion now.
BTW intangible assets do not affect NTA so no real effect anyway.
Taking away FX losses, they are near operating breakeven / small operating profit.
If you still don't understand how this works better sell. Uncle KKP is gonna make u sell everything back to him at a super cheap price coz no one pushing his shares. So how he's been doing this is he reports bad financials, gives u no dividends. See how much patience u have. Some have waited 3 to 5 years and given up.
Be careful of hubline as this one going bankrupt. Next might be sendai. As for huaan don't be too greedy. If got profit take it. As for Mui bhd? You are so clever indeed.
Let all weak hands sell. Prepare to buy and hold. Good luck.
u have been promoting mui since 2013 when it was @ this similar level and still calling for a buy in sep 2014 when it was @ 26sen level. u only start calling for being cautious in early oct when kkp having divorce issue and in nov 2014, u again change back to a buy when mui was @ 23 sen level. since dec 2014 when mui was ard 28sen, u have been promoting it for the past 2.5 yrs.
Reason No.2. Next Year Is VISIT MALAYSIA YEAR 2014. MUI Own METROJAYA. METROJAYA Is The Anchor Tenant Of KL MIDVALLEY MEGA MALL. The Largesr Number Of Tourists & Locals Alike Will Throng METROJAYA. The tills will keep ringing everyday for the Whole Year. There are 2 Metrojayas in Johor. With The Tourism Boom In Iskandar More people will flock to METROJAYA. Same for New Metrojaya in East Malaysia. Very Rich East Malaysians Are making a bee line to Metrojaya.
Posted by calvintaneng > Oct 1, 2014 11:50 PM | Report Abuse
CALVIN CALL FOR CAUTION ON MUI BERHAD BECAUSE DIVORCE CASE HAS NOT BEEN SETTLED.
BETTER SELL MUI BERHAD INTO STRENGTH
AND SWITCH ALL TO BJ CORP
MUI WAS 15 CENTS WHEN CALVIN CALLED FOR A BUY
NOW ALREADY UP OVER 100%
DON'T CHASE
A FAR BETTER BUY IS BJ CORP AS IT IS STILL VERY CHEAP!
Posted by calvintaneng > Nov 29, 2014 01:09 PM | Report Abuse
For Mui Berhad Its Deep Undervaluation Will Emerge On Asset Disposal.
The Media has already highlighted that Just Corus Hotel Hyde Park alone is worth over RM1 Billions. If Sold It Will More Than Cover all the debts of MUI Group.
If All of MUI Bhd's Assets Are Fully Sold at Market Value MUI BERHAD Would Garner A NET NET VALUE OF MORE THAN RM1.00 in PURE CASH After Minus Off All Debt.
So For Short Term Mui Bhd can go up, down or sideway. But Longer Term investing in MUI Bhd is a SURE WINNER!
Posted by calvintaneng > Dec 12, 2014 09:26 PM | Report Abuse
TODAY IS THE BEGINNING OF MUI GROUP UNLOCKING ITS DEEP HIDDEN VALUE
tun @calvintaneng has been promoting dutaland since 2013/2014 when it was at 42sen level. now it is ard 60sen level or up slightly less than 50% after almost 3 yrs.
during this period, there r other penny stocks that generated 100% return and even in this past yr, stocks like boon koon/amelus/bioosmo/gnb generated more than 100% return in less than a yr.
indeed, muiid has been stagnant for sometime, let's watch and see if there are any actions taken by the management. in additio, appreciate of euro and pound will impact their earnings as well.
@joeytay, its investment. regardless of win or loss we buy at our own decision. blogs are free to express their opinion too. if you disagree maybe u can argue with facts professionally. if someone can predict the share buy at lowest and sell at highest. he is a god.
Good morning Sultan Apollo, If same price just go grab some Mui Bhd while still cheap like now. 18 sen was Calvin's entry price. So try get some at 18 sen first. And prepare to average down if price weakens. And i think from here Mui Bhd will probably go up than down. Just don't let Mui Bhd run away and you miss it like missing Jaks at 40 sen, missing Prestar at 46 sen, missing Insas at 65 sen or missing Rcecap at 28 sen. If you buy so cheap the downside is well protected.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bing
3,794 posts
Posted by bing > 2017-08-28 15:52 | Report Abuse
hopes for the bad results :d so can buy more. :d :d