Posted by DreamGladiator > 2020-08-26 19:23 | Report Abuse

still hibernating juga kah

Posted by DreamGladiator > 2020-08-26 19:24 | Report Abuse

apa daa

Posted by DreamGladiator > 2020-08-26 19:24 | Report Abuse

don't know when going to move

Posted by DreamGladiator > 2020-08-26 19:25 | Report Abuse

no idea

Posted by DreamGladiator > 2020-08-26 19:25 | Report Abuse

no clue

Posted by thor88 > 2020-08-26 19:37 | Report Abuse

Qr result is good or not?anyone can explain

Posted by monreyes > 2020-08-26 19:46 | Report Abuse

Very good QR...but year on year loss a bit

Posted by Shawn > 2020-08-26 20:43 | Report Abuse

Very good QR. Price not match for now. It should be alot higher if can hit this profit. Pure cash on hand no debt company.

Posted by tonypang01 > 2020-08-26 20:44 | Report Abuse

lockdown Apr to June and shown Profitable is excellent vs many others Property firm such as SP setia, Simeprop, sunway where all running in the lost, nett cash and no borrowing is the key and with cheap landbank. Well done Muiprop. A lot of safety margin. Hpe soon good news from Aus Gold mining

Posted by Sahampower > 2020-08-26 21:04 | Report Abuse

i would say that this is a very good result considering MCO period...we may expect a loss but they still make a good profit...plus nett cash...the price i way lower to where it should be

Posted by mda8221 > 2020-08-26 21:15 | Report Abuse

like

Posted by newbie9893 > 2020-08-26 21:47 | Report Abuse

Gold future up +US12 & released very good QR +13million,it is the time for MUIPROP to shine tomorrow. Sure gap up open tomolo morning.

Posted by thurstan82 > 2020-08-26 22:28 | Report Abuse

Making money during MCO period! Muiprop go up soon!

Posted by newbie9893 > 2020-08-27 05:00 | Report Abuse

Gold future up +US38 & released very good QR +13million,it is the time for MUIPROP to shine today. Sure gap up open this morning.

Posted by Jack Khan > 2020-08-27 07:40 | Report Abuse

I like this statement in the QR
B10. Group Borrowings
As at 30 June 2020, there were no group borrowings.

Posted by newbie9893 > 2020-08-27 08:55 | Report Abuse

get ready to shoot up....limit up today

Posted by derrickinvestor > 2020-08-27 10:00 | Report Abuse

Not so power... from 0.37 fall back

Posted by monreyes > 2020-08-27 10:02 | Report Abuse

NEW YORK, Aug. 26 -- The U.S. dollar fell modestly in late trading on Wednesday as market participants awaited a key speech from Federal Reserve Chairman Jerome Powell.

The dollar index, which measures the greenback against six major peers, decreased 0.01 percent at 93.0048.

In late New York trading, the euro was down to 1.1815 U.S. dollars from 1.1835 dollars in the previous session, and the British pound increased to 1.3190 dollars from 1.3146 U.S. dollars in the previous session. The Australian dollar was up to 0.7226 U.S. dollar from 0.7195 dollar.

The U.S. dollar bought 106.01 Japanese yen, lower than 106.32 Japanese yen of the previous session. The U.S. dollar rose to 0.9086 Swiss franc from 0.9077 Swiss franc, and it was down to 1.3153 Canadian dollars from 1.3183 Canadian dollars.

Wait for announcement tonight...gold will soar

Posted by Jack Khan > 2020-08-27 10:24 | Report Abuse

MUIP very strong already up from 0.18 to 0.35 almost 100% from last 2 month

Posted by derrickinvestor > 2020-08-27 13:05 | Report Abuse

Gold fell...

Posted by thor88 > 2020-08-27 20:19 | Report Abuse

Weak hike..disappointed

Posted by Solomon7 > 2020-08-27 20:28 | Report Abuse

Slowly but surely... Let hear Powell speech and see whether it provide further lead to gold price spike or fall...

Posted by derrickinvestor > 2020-08-28 09:53 | Report Abuse

Looks gild falling week

Posted by monreyes > 2020-08-28 13:46 | Report Abuse

even though gold price keep on ding dong...muiprop should be able to stand on its own...remember cash rich company and no borrowing and assets worth billions.

Posted by derrickinvestor > 2020-08-28 15:10 | Report Abuse

Still no pwer sfter fed reserve powell give talks

Posted by goldenluck16 > 2020-08-28 15:20 | Report Abuse

Today's gold price is steady. Up a bit.

Posted by tonypang01 > 2020-08-29 00:27 | Report Abuse

If property sales/ Profit continue growing QYQ + gold mining go ahead + Gold price rocket high, >RM 1 is achieveable but ultimate back to Earning, earning + Earning.
Best will be declare Div too

Posted by Jack Khan > 2020-08-29 06:11 | Report Abuse

Gold point to north!
https://www.kitco.com/news/2020-08-28/Fed-induced-market-volatility.html

Posted by Jack Khan > 2020-08-29 06:18 | Report Abuse

Gold is hot!
https://www.kitco.com/news/2020-08-28/Rigs-geologists-are-getting-difficult-to-find-Revival-Gold.html

Posted by monreyes > 2020-08-31 11:16 | Report Abuse

pending shareholders meeting...

Posted by monreyes > 2020-08-31 11:17 | Report Abuse

Day's Range: 1,973.45 - 1,985.30....Tuesday 2,000...puh puh

Posted by ahlok6 > 2020-09-01 10:06 | Report Abuse

Go go go

Posted by thor88 > 2020-09-01 11:55 | Report Abuse

Break 40c and drop back

Posted by bojed > 2020-09-01 12:37 | Report Abuse

I'm still holding since 0.33 last month. Come on!!!!

Posted by Zolan2020 > 2020-09-01 12:58 | Report Abuse

i guess price wont move much. since gold dont break previous high. no panic buy. better this way. rise slowly than exponantially

Posted by noobi3 > 2020-09-01 13:45 | Report Abuse

Bojed i’m at 0.45 2 months ago lol

Posted by monreyes > 2020-09-01 15:03 | Report Abuse

Wow...Day's Range: 1,971.40 - 1,997.90....2,000 lai lai

Posted by fhis > 2020-09-01 16:00 | Report Abuse

Today might break 2000 again... then tomorrow will be good...

Posted by monreyes > 2020-09-01 16:05 | Report Abuse

Day's Range: 1,971.40 - 2,000.65...

Posted by Jack Khan > 2020-09-01 17:36 | Report Abuse

Why drop unti 0.23 you never buy ?
noobi3 Bojed i’m at 0.45 2 months ago lol

Posted by noobbie > 2020-09-01 18:13 | Report Abuse

Hahahhaha..hey..your id is similar with me..lol

Posted by nicky > 2020-09-01 19:29 | Report Abuse

just wanna know how many % revenue from Gold ....anyone ?

Posted by noobi3 > 2020-09-01 19:41 | Report Abuse

Jack, u mean average down?

Posted by thor88 > 2020-09-02 21:11 | Report Abuse

Gap down toda why

Posted by Stockiss > 2020-09-04 09:07 | Report Abuse

Just published a comparison chart on Gold Price Vs USD Index at https://klse.i3investor.com/blogs/GOLDRUSH/2020-09-04-story-h1513318097-Gold_Price_Vs_USD_Index_Impending_Explode.jsp

Posted by derrickinvestor > 2020-09-04 09:47 | Report Abuse

so conclusion for next week? bull or bear?

Posted by jun1920 > 2020-09-05 08:20 | Report Abuse

Muiprop equity conversion in nex metals didnt go through...no more relate to gold...time to run?

Posted by monreyes > 2020-09-05 12:27 | Report Abuse

Back in 2011, the property development arm of MUI Group, under the watch of Khoo Senior, granted Nex Metals a loan in the form of a secured convertible note amounting to A$1.5 million (RM4.28 million) with interest payable at 10% per annum, to kick off its first gold exploration venture.

The rationale behind issuing a secured convertible note and not an actual loan was to give MUI Properties the option to convert the note into shares when the time was right. It was also less risky than acquiring a stake in Nex Metals at the time as gold prices were volatile.

“We have been receiving interest payments over the last eight years and have decided now that we want a more vested interest in Nex Metals. So, we are converting the note into 40% equity interest in the company,” Andrew tells The Edge in an interview.

He says it is an opportune time to take up an associate stake in Nex Metals because the price of gold has been rising steadily in the past 12 months.
.....................................................................................................................................................
Loan since 9 yrs ago and only manage to service the interest, do they have the money to make full payment now? I guess, when they took the loan, they have agreed in principal to the conversion. Lets wait n see, to early to say the deal didn't go thru

Posted by Black_Panther > 2020-09-05 14:01 | Report Abuse

any opinion regarding dis announcement? any possibility stil able to involve in gold mining?

Posted by jun1920 > 2020-09-05 21:39 | Report Abuse

Reference is made to the Company’s announcement dated 12 November 2019 (“Announcement”) in relation to the Proposed Conversion. Unless otherwise stated, the definitions used in this announcement shall carry the same meanings as defined in the Announcement.

 

MUIP wishes to announce that by reason of Nex Metals’ failure to convene an Extraordinary General Meeting to seek its shareholders’ approval for the Proposed Conversion in accordance with the requirements of the agreements between Cesuco and Nex Metals, the Proposed Conversion has automatically terminated and Nex Metals became obliged to pay to Cesuco the sum of AUD1,500,000 (equivalent to RM4,606,500 based on the exchange rate of 3.071) plus accrued interest.  Cesuco has today sent a letter of demand to Nex Metals and reserved all of its rights in respect of Nex Metals’ breaches.

 

The termination of the Proposed Conversion is not expected to have any material effect on the net assets per share, gearing, share capital and substantial shareholders’ direct and/or indirect shareholding of MUIP for the financial year ending 30 June 2021.

 

This announcement is dated 4 September 2020.