Posted by steveooikp > 2017-05-17 10:00 | Report Abuse

hng33 - you are brave....
I still have my 25 sen batch... hahaha....

Posted by hng33 > 2017-05-17 10:01 | Report Abuse

Mulpha control mudajaya keep upswing. Mulpha investment in Mudajaya is peg at market fair value every quarter, expect significant revalue gain

Posted by chinaman > 2017-05-17 12:23 | Report Abuse

I guess Mulpha will sell out all mudajaya stake....new boss at mudajaya

Posted by hng33 > 2017-05-17 15:12 | Report Abuse

Mudajaya is turnaround soon, india power is settle, aside mulpha equity stake in mudajaya, mulpha also have subscribe mudajaya recent bond.

Therefore, Mulpha is both equity shareholder and bondholder for mudajaya

Posted by hng33 > 2017-05-17 15:15 | Report Abuse

Mulpha is cheapest alternative exposure to revival of Mudajaya profit.

Posted by 4444 > 2017-05-17 22:36 | Report Abuse

Why QR not out? Loss RM 100 million and need right issue?

Posted by hng33 > 2017-05-18 09:13 | Report Abuse

Mudajaya continue strong, good for mulpha, already can make reverse earlier massive impairment loss on Mudajaya, U-turn now to write back all as massive profit :DDDDDDD)

Posted by JamesPond > 2017-05-18 10:58 | Report Abuse

Yes, very likely have reversal of fair value loss on Mudajaya but for Mar QR, may not be significant, probably around RM7,000K to RM10,000K only. However if price of Mudajaya maintain as of today, then Jun QR F.V reversal/gain would be much higher, by maybe RM50M or more??

Posted by tt101 > 2017-05-18 11:12 | Report Abuse

Continue buy as long as the factor not yet fully reflect in the share price....

Posted by Fishhorse > 2017-05-19 10:14 | Report Abuse

you guys have all the right points and reasons to hold mulpha, the only thing left to go is the CEO. The company has been on the downtrend for many years. Vote him out.

Posted by chinaman > 2017-05-19 10:17 | Report Abuse

CEO already change since last yr. Former Ardent boss , Greg Shaw. Turnaround takes some time

Posted by Fishhorse > 2017-05-19 10:27 | Report Abuse

go mulpha website under leadership...... have been controlling for so long yet price keep coming down. if they cant do the job, should change .

Posted by chinaman > 2017-05-19 10:33 | Report Abuse

Dear Fishhorse, if you read latest annual report 2016, 3 directors retired. I guess new strategic directors, shareholders may join in.

Posted by Fishhorse > 2017-05-19 10:42 | Report Abuse

hope they are the real "leadership" . best of luck for your mulpha

Posted by hng33 > 2017-05-22 09:43 | Report Abuse

Grab more mulpha at 23.5sen

Posted by hng33 > 2017-05-22 09:44 | Report Abuse

Mulpha control Mudajaya continue surging, its matter of time for market to realize massive hidden gem in mulpha

Posted by steveooikp > 2017-05-22 12:33 | Report Abuse

NTA - RM 9? hahaha.....

Posted by hng33 > 2017-05-22 15:02 | Report Abuse

YESSSSSSSSSSSSSSSSSSSSSSSSS

Posted by hng33 > 2017-05-22 15:50 | Report Abuse

sold back all mulpha at 24.5sen, lock all handsome contra and paper gain first.

Posted by chris78 > 2017-05-23 09:03 | Report Abuse

TP=RM2.35,after condosolidation. kikiki...

Posted by chinaman > 2017-05-24 12:08 | Report Abuse

Wingtai already MGO. When will mulpha MGO at myr1? wa ka ka....dreaming a bit

Posted by JamesPond > 2017-05-29 11:48 | Report Abuse

chinaman...RM1???? TP RM2.45

Posted by chinaman > 2017-05-31 09:11 | Report Abuse

High interest payment myr25Million per Qtr, MYR100Million per annum eat up all his profit margin. if debts can be lowered, profit will rise substantially. 1st Qtr pay higher tax myr8million. Thus, end up with negligible loss myr1.3Million~anway, its positive as LHDN is haunting whoever pay lower tax

Posted by JamesPond > 2017-05-31 17:41 | Report Abuse

Yes, debts can be lowered...have another rights issue.

Posted by chinaman > 2017-05-31 17:44 | Report Abuse

no need right issue....Many non-core assets which are non-performing should be sell out to reduce gearing+ interest cost. MUDAJAYA is one of them...keep make loss only

Posted by JamesPond > 2017-06-05 15:09 | Report Abuse

Several years ago Mulpha sold off Hilton Aus for RM327M...then have rights issue...today still highly geared. Based on past Directors actions, having rights or selling assets also will not reduce gearing. Mulpha perpetually sell assets, rights issues, increase borrowings, etc, etc...don't know what happens to the billions from rights and borrowings. Son of Lee Ming Tee..bravo

Posted by Ktteh > 2017-06-09 00:06 | Report Abuse

TP 3.00 to 3.50

Posted by thomc > 2017-06-09 01:18 | Report Abuse

makan kuat

Posted by Octopus > 2017-06-14 14:54 | Report Abuse

... this is black hole ctr.. starting price 2.4.. drop it with RI.. separate hit by lower the price and now want conso? and drop it again?

Posted by Octopus > 2017-06-14 14:54 | Report Abuse

actually property ctr not a good choice to invest

Posted by Octopus > 2017-06-14 14:55 | Report Abuse

and this ctr style play like property ctr...

Posted by steveooikp > 2017-06-15 16:00 | Report Abuse

I hv this counter at 25 sen... shall I hold or let go?
calvin - you hv this counter at 48 sen... I think... did you sell or still hold?

Posted by TheContrarian > 2017-06-15 23:14 | Report Abuse

Mulpha going to be 10bagger share. Will breach RM2.20.

Posted by Orson Chin > 2017-06-15 23:32 | Report Abuse

After conso... Rm2.20.... Then keep drop to below rm1 again

Posted by hng33 > 2017-06-16 09:53 | Report Abuse

bought back mulpha at 23sen

Posted by hng33 > 2017-06-16 10:04 | Report Abuse

If without one off impairment in hayman island resort due to cyclone hit, in the latest q result show Mulpha deliver impressive core positive profit. These good set of result if consolidate 10 into 1, will be very impressive.

Posted by hng33 > 2017-06-16 10:14 | Report Abuse

In additional, due to timing factor, mulpha unable to record remeasurment investment gain more than 50% on mudajaya as share price only surge after Mar. The remeasurment will account in next mulpha q result under investment holding division.

Posted by John Lu > 2017-06-16 10:16 | Report Abuse

Chun chun holland call from calvintaneng...haha...mulpha will become rm2.30 but wait...after 10 lots consolidated to 1 lot..haha haha

Posted by hng33 > 2017-06-16 12:14 | Report Abuse

Accumulate more mulpha at 23 sen

Posted by steveooikp > 2017-06-16 13:23 | Report Abuse

calvin no answer....

Posted by hng33 > 2017-06-16 14:31 | Report Abuse

bought final batch mulpha, all at 23sen. Mulpha is now second largest stake in portfolio

Posted by hng33 > 2017-06-20 09:08 | Report Abuse

:DDDDDDDDDDDDDDDDDD)

Posted by steveooikp > 2017-06-20 09:09 | Report Abuse

hng33 lock his handsome profit again....

Posted by calvintaneng > 2017-06-20 09:16 |

Post removed.Why?

Posted by hng33 > 2017-06-20 09:36 | Report Abuse

Solely depend on very apparent catalyst based on Mulpha investment in Mudajaya alone already can expect Mulpha to recognize fair investment gain at least RM 50m in coming Q result.

Remark: Mulpha have about 18.6% stake in Mudajaya and these stake is classified as investment securities in mulpha book. Every quarter, Mulpha will have to revalue these stake based on market fair value. Mudajaya share price have appreciate more than 50% from month Apr till now June. If end of these month, Mudajaya share pries remain at current level, Mulpha stand to recognized share price gain more than 50sen/share based on different share price in Mudajaya from 1 April-30 June 2017

Posted by steveooikp > 2017-06-20 09:41 | Report Abuse

haha.... hng33 still holding... I tot you bot at 23 and expect you to sell at 24.... but surprisingly you still hold....
I think mulpha can hit 30 sen.. at least...

Posted by hng33 > 2017-06-20 09:49 | Report Abuse

In additional to fair investment gain on Mudajaya (RM 50m), and no more one off impairment (RM 33m) in hayman island resort due to cyclone hit, the upcoming q result, Mulpha should be able to deliver very impressive profit, estimate around 3sen/share. These good set of result if consolidate 10 into 1 later and show in coming result will be very impressive EPS= 30sen.

remark: market generally overlook penny stock even it deliver good result as on paper its show 3sen, but with consolidation 10 into 1, market will more awake if stock can deliver 30sen next.

Posted by steveooikp > 2017-06-20 09:50 | Report Abuse

this mulpha should be worth more than 24 sen... anyway!

Posted by hng33 > 2017-06-20 10:04 | Report Abuse

Portfolio have fully position in Mulpha, now is second largest stake in portfolio, at holding cost 23sen

Posted by hng33 > 2017-06-20 10:11 | Report Abuse

Further to Mulpha core earning, is property investment. Mulpha stand to gain massively RM 296m on land disposal to JV company between UEMS in iskandar. The massive gain is 10sen/share or RM 1.00/share based on 10 to 1 consolidation

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5005673