There is a great new optimism in Singapore Jurong East Due to the Confirmation of HSR Rail Station here.
I think one of the Most Undervalue Lands around is
Mukpha's Leisure Farm
Book Value RM8.40 psf.
Current Bungalow going for RM700 psf. If HSR Station is ready in Leisure Farm's vicinity price should go up bu another
RM700 x 1.67 = RM1,169 psf
So You Get these lands at only RM8.40 when you buy Mulpha shares now at these depressed prices.
Someone says, "You don't wait to buy land. You buy lands and wait"
I have properties but no raw land. So I can do land banking by buying into Undervalue Shares which have Lands at low book value.
Mulpha is definitely one of them
Others are
1) MUI Bhd (Immense Value) Anything below 20 cents a bargain 2) MP Corp (this one not for the faint hearted) 3) BJ Corp (Try to get below 38 cents) 4) UEMS (Try to get below RM1.28) 5) CHHB (Try to get below RM1.00 6) MUI Prop (Try to get below 25 cents) 7) PM Corp (Net cash over 18 cents. Seeif you can get at 18 cents) 8) Kbunai (If revalued assets is over RM1.50. Try to buy on weakness) This one has powerful potential. 9) KSeng (Try to get below RM4.00) 10) Others - will post from time to time
hey all, after the recent downturn of the market I have created a watchlist of ACE counters which has potential to be played when the downside reverses, which can be expected very soon. I have posted the list on my new facebook page facebook.com/investorzoneklci
please like the page to receive regular updates on how the selected counters perform and any potential entry opportunities
From their report, i learn that their profit are mainly from disposal of 75 millions of Mulpha Land at price of 47cents in March, they are still holding 29% of Mulpha Land and Mulpha Land has since double in value (due to Muhhiddin's son as shareholder effect) !! (this profit might only be reported in April-June quarter !!) Another hidden asset discovered under their holding !!!!
"The Company entered into a call option agreement ("Call Option Agreement" ) on 17 May 2012 with Teladan Kuasa Sdn Bhd ("Option Holder") to grant the Option Holder the right to require t he Company to sell to the Option Holder up to 75 million ordinary shares in Mulpha Land Berhad ("MLB") (adj usted after the bonus issue exercise of MLB) at an adjusted option price of RM0.47 per share ("Call Opti on"). The Option Holder has paid the Company a non-refundable cash consideration of RM2 million upon execution of the C all Option Agreement. As at 31 December 2014, MLB is a 61.93% owned subsidiary of the Company. The Option Holder is entitled to exercise the Call Option at any time duri ng the period commencing from the date falling three (3) months after the date of the Call Option Agreement and ending on the day immediately preceding the third anniversary of the Call Option Agreement. On 6 March 2015, the Option Holder exercised the Call Option. The sale and tran sfer of the 75 million ordinary shares by the Company to the Option Holder was completed on 9 March 2015. Upon compl etion, the Company owns 29.08% of MLB and MLB will be regarded as an associate company of the Company."
Today volume increase, something is brewing ... Mulpha land already double up from end March , Mulpha still holding around 75 mils of Mulpha land, roughly their account sitting on paper gain of 75 millions !! Right or not ? Do you maths !!
this is really shitty company, earn so much money and keep for themselves only. What for u invest in this kind of company that did not reward your shareholder. Maybe can ask this question during AGM...haha
??? True or not ? RHB-OSK give target price of RM1.04 for mulpha recently ?? shall be mulpha land right ?? Even I3investor made mistake !! can't tell between Mulpha & Mulpha Land !! Jiat Lat lah like that ....
Hi reach_rich is I3investor.com belong to you? if so you should act as a professional way to comment others comment. If no yours just ignore them if you don't like their comment. In Stock Market anything can happen in their future. A advise for every one. An investment operation is one which, upon thorough analysis promises a safety of principal and an adequate return. Operations not meeting these requirements are speculative........
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....
lwlgood
287 posts
Posted by lwlgood > 2015-05-05 23:19 | Report Abuse
ok bro, i looking for long, pls recomm some. many thx