MHC PLANTATIONS BHD

KLSE (MYR): MHC (5026)

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Last Price

0.96

Today's Change

-0.01 (1.03%)

Day's Change

0.96 - 0.97

Trading Volume

129,100


2 people like this.

807 comment(s). Last comment by TheContrarian 2 days ago

calvintaneng

53,627 posts

Posted by calvintaneng > 2016-05-01 13:48 | Report Abuse

MHC Plantations Bhd is engaged in oil palm cultivation, investment holding and the operation of a hotel. The Company through its subsidiaries is engaged in cultivation of oil palm and sale of fresh fruit bunches, investment holding and property development. It operates Anson Hotel, which is a seven-storey hotel, located in the town of Teluk Intan. The Company's subsidiaries include Champion Point Sdn Bhd, Majuperak Plantation Sdn Bhd, Yew Lee Holdings Sdn Berhad, Anson Oil Industries Berhad, Ayu Gemilang Sdn Bhd, Telok Anson Hotel Sdn Berhad, Bisikan Gemilang Sdn Bhd, Sharikat Muzwin Bersaudara Sdn Bhd, Hutan Melintang Plantations Sdn Berhad and Majuperak Sawit Sdn Bhd. On 29 September 2010, the Company acquired the Bisikan Gemilang Sdn. Bhd. (BGSB).

calvintaneng

53,627 posts

Posted by calvintaneng > 2016-05-01 14:20 | Report Abuse

If you do surface reading and don't dig deeper you won't know MHC Plant is the next hidden gem.

MHC Plant 849.8 acres Oil palm estate 3,718 1998
Lot Nos. 2768, 3502, 3537, 4471,
4475, 5228, 5229, 5936, 9249 to
9295 (incl.), 12657 and 12658,
Mukim of Durien Sebatang,
District of Hilir Perak,
Perak Darul Ridzuan

849.8 acres (freehold lands)

Book value Rm3,718,000 (Date of last valuation 1988)

Hmmm?

Let's dig and SEE its VALUE

849.8 acres bought in year 1988 for only Rm3.178 millions.

How much per acre?


Rm3,178,000 divides by 849.8 = Rm3,739 per acre?

AMAZING VALUE

How much per sq ft

3739 divides by 43560 = 8.5 cents per sq ft

WOWEEEWOOOOOSSSSHHHHHH!!!!

Where in Perak got Freehold land for only 8.5 cents a sq ft.

Land per sq ft is cheaper than toilet paper?


On tuesday when KLSE opens you gotta grab some MHC plant shares.

Insiders have been nibbling and nibbling this hidden gem very very quietly.

calvintaneng

53,627 posts

Posted by calvintaneng > 2016-05-01 14:57 | Report Abuse

HMMM? Should I phone Mr Lee of Sitiawan, Perak and tell him to buy MHC Plantation because it is so undervalue? Should I or shouldn't I? Last time I called him and told him about PERAK CORP When It Was 60 cents. Mr Lee then called his Stock Brokers & Remisiers in Manjung & Perak for their opinions. Those Perak Remisiers poured cold water on Mr Lee. Told him they saw nothing good in Perak Corp. So Mr. Lee missed Perak Corp by listening to wrong advise. In 6 short years Perak Corp POWERED Up from 40 cents (Lowest) to Almost Rm4.00 (Up nearly 1,000%!!) Will MHC Plant also go up 1,000% 1,000%? Really? Wait & SEE then.

6182al

305 posts

Posted by 6182al > 2016-05-01 18:27 | Report Abuse

Thanks Calvin for the info

Y2016

165 posts

Posted by Y2016 > 2016-05-02 22:55 | Report Abuse

Rich in asset but poor in managing?

calvintaneng

53,627 posts

Posted by calvintaneng > 2016-05-02 23:04 | Report Abuse

Posted by Y2016 > May 2, 2016 10:55 PM | Report Abuse

Rich in asset but poor in managing?

Tell you a secret

Last time Tomypak was 40 cts with NTA over Rm1.00

After Daibochi surged in price Tomypak was sti;; languishing.

So both in similar industry one goes up in price while Tomypak stagnates. How can? Bad management?

Actually, this is what happened.

Tomypak Boss was nibbling and nibbling and nibbling Tomypak shares very quietly. At 40 cts when no one noticed he loaded up more and more.

Then?

Then one day Tomypak suddenly declared a 4 cts dividend!

WOW! Then Tomypak was chased over Rm4.00 and split (Up 1,000%)

NOW YOU KNOW THE SECRET

red_85

1,259 posts

Posted by red_85 > 2016-05-02 23:30 | Report Abuse

nice research..in fact this is really an undervalue stock, just that too low volume. based on last 1-2 years price, ,current price 90sen should be the cheapest you can get, as this is the support price by the boss and mgmt...
maybe el-nino will shoot this stock up..i will buy some tmr..thanks

calvintaneng

53,627 posts

Posted by calvintaneng > 2016-05-04 10:11 |

Post removed.Why?

Posted by Jolin Lai Chi Pet > 2016-05-31 16:29 | Report Abuse

everybody in trouble if listening to Calvin. I hope no one trick by this conman.....

TheContrarian

8,942 posts

Posted by TheContrarian > 2016-06-02 21:43 | Report Abuse

Why does it appear that counter has fallen off cliff.

beso

2,137 posts

Posted by beso > 2016-06-02 22:26 | Report Abuse

continuous loss for 2 quarters, sell…

eftee

1,210 posts

Posted by eftee > 2016-07-21 10:02 | Report Abuse

It's moving slowly but I cannot wait. Need money

Posted by Jolin Lai Chi Pet > 2016-07-22 12:58 | Report Abuse

need money, go cari "ah long"

TheContrarian

8,942 posts

Posted by TheContrarian > 2016-08-13 09:19 | Report Abuse

Two months ago I did a study of this counter when price was around 83 sen. They own Cepat Wawasan, another plantation counter in Sabah. The two directors who are related paid themselves remuneration of RM1.5 million EACH annually, so they are not bothered to enhance share value. I decided not to buy.

calvintaneng

53,627 posts

Posted by calvintaneng > 2016-08-13 09:56 | Report Abuse

Posted by TheContrarian > Aug 13, 2016 09:19 AM | Report Abuse

Two months ago I did a study of this counter when price was around 83 sen. They own Cepat Wawasan, another plantation counter in Sabah. The two directors who are related paid themselves remuneration of RM1.5 million EACH annually, so they are not bothered to enhance share value. I decided not to buy.

Calvin replies,

This same objection happened when I bought Malton at only 30 cts. It was said that Malton Director paid himself millions but giving peanuts to share holders. So what? I SAW Pavilion being built in former BBGS Girls School in Bkt Bintang & Malton was selling at 70% discount NTA of over Rm1.00. So I bought lots of Malton at its lowest!

Malton later doubled in price. And when Malton crossed Rm1.00 the whole investing world went gaga over Malton because of Pavilion 2 in Bukit Jalil. By then just like RceCap - Malton is no longer cheap.

So like Malton at 30 cts I am looking forward to buy even more MHC Plant on weakness. MHC Plant Directors have been accumulating shares from 85 cts to 90 cts. Anything price below that I consider a bargain in view of its high QUALITY NTA and future potential.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-08-13 10:01 | Report Abuse

See, create his own fiction again. I strongly believed all bursa stocks the Holland master has owned it.

TheContrarian

8,942 posts

Posted by TheContrarian > 2016-08-13 10:14 | Report Abuse

MHC has not gone above 81 sen for the past four weeks. And when was Malton at 30 sen? How many years ago? I bought Public Bank at 80 sen. Look how much is it right now!

TheContrarian

8,942 posts

Posted by TheContrarian > 2016-08-13 10:15 | Report Abuse

And I sold Malton at RM1.16 last year.

TheContrarian

8,942 posts

Posted by TheContrarian > 2016-08-13 10:33 | Report Abuse

Long, long time ago I made a mistake buying into MP Corp ending up with average cost of 44 sen. Then one "smart" fellow from Singapore started saying MP Corp way way undervalued. I managed to sell out all at 49 sen making 10% gain. I'm grateful to that fellow. Look at how much MP Corp is today.

calvintaneng

53,627 posts

Posted by calvintaneng > 2016-08-13 10:33 | Report Abuse

Moneysifu missed RCECAP as he was ignorant.

So many will also miss MHC Plant for the same reason.

Another piece of good news

Plantation lands have been increasing in value

And MHC has lots of valuable lands

http://www.focusmalaysia.my/Assets/Plantation%20land%20prices%20continue%20to%20climb

phg1

16 posts

Posted by phg1 > 2016-08-13 10:40 | Report Abuse

Wah..., CT best in Singland and some say in Batam too!

TheContrarian

8,942 posts

Posted by TheContrarian > 2016-08-13 13:10 | Report Abuse

The risk is that the major shareholders might decide to take it private at 80 sen just like Kbunai was been taken private at 5 sen.

calvintaneng

53,627 posts

Posted by calvintaneng > 2016-08-13 13:24 | Report Abuse

If buy at 80 cts and if share taken private risk is really nothing much. Real risk is buying shares like transmile, saag, megan media which can go bankrupt and delisted.

As for kbunai there is still hope if all hold tight and refuse to let go at unfair privatisation.

Of all value shares taken private

Super enterprize up 200%

Kulim up 60%

Tmakmur up 30%

Only kbunai is a negative 5% of now.

So diversify into a basket of value shares.

Investing in undervalue shares in a diversified basket is the way to go.

Posted by Real_Risk > 2016-08-13 17:07 | Report Abuse

is buying ARMADA at RM 1.30 blindly after listened to calvintaneng,
and then forced sell @ below 80 sen,

ALAM down 50%
JTIASA down 35%

etc

Real risk is listened to calvintaneng.

Real risk is to beleive CPO is heading RM 6000

Real risk is CALVINTANENG

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-08-13 17:49 | Report Abuse

TheContrarian @ thanks TheContrarian
very clear understanding
thanks for you helpful, you must be a excellent investor .
TheContrarian you got pbb at 0.80 , wa very impressive ,
TheContrarian if you dont mind can ask if you think benalec currenlty at 0.45 is consider undervalued, I saw an aticles but I forgot where already they claim benalec right now is undervalued, do you agreed ah ?

TheContrarian

8,942 posts

Posted by TheContrarian > 2016-08-13 21:58 | Report Abuse

Angielim, even if a counter is considered undervalued there's no guarantee you will make a handsome profit because some major shareholders don't treat the minorities fairly. You have seen for yourself what is happening to Mulpha and also the China red chips counters. In MHC's case if I had bought two months ago @ 83 sen I would be stuck with a paper loss of 3 sen. Instead I used my cash to buy MBSB at 72 sen, then at 69 sen, so now I have paper gain of a few thousand ringgit. We are not rich people with unlimited cash, we can't buy every undervalued counters. We must be very selective and pick the ones that give better returns.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-08-14 00:03 | Report Abuse

Agreed all
Thanks for all kind and sharing
Thecontrarian thanks
Wish you all the best

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-08-14 01:01 | Report Abuse

thanks a lot

eftee

1,210 posts

Posted by eftee > 2016-08-15 13:03 | Report Abuse

What a jump. What's the good news?

Posted by Lincorn Matthieu Seven > 2016-08-16 09:48 | Report Abuse

bravo!!!!

Real_Risk is buying ARMADA at RM 1.30 blindly after listened to calvintaneng,
and then forced sell @ below 80 sen,

ALAM down 50%
JTIASA down 35%

etc

Real risk is listened to calvintaneng.

Real risk is to beleive CPO is heading RM 6000

Real risk is CALVINTANENG

TheContrarian

8,942 posts

Posted by TheContrarian > 2016-08-30 21:09 | Report Abuse

Back to 80 sen?

beso

2,137 posts

Posted by beso > 2016-09-09 11:43 | Report Abuse

with such low earning power dont hope it will go up

tjhldg

27,218 posts

Posted by tjhldg > 2016-10-22 14:02 | Report Abuse

hehehee

paperplane2016

21,576 posts

Posted by paperplane2016 > 2016-11-25 15:35 | Report Abuse

wow, all plantation running i think

Posted by Jacky Jacky > 2016-11-28 15:37 | Report Abuse

apek counter never give div, so kedekut

here

37 posts

Posted by here > 2017-04-04 12:24 | Report Abuse

less than RM1, got so many lands in Peninsular Malaysia. Worth to keep.

Posted by Sebastian Sted Power > 2017-05-18 15:20 | Report Abuse

please buy! MHC control 28%++ in Cepatwawasan

Posted by Sebastian Sted Power > 2017-05-18 17:17 | Report Abuse

profit up 2159%!!!!!

Angeline

69 posts

Posted by Angeline > 2017-05-19 09:16 | Report Abuse

Gap up...

Queen QQ

25 posts

Posted by Queen QQ > 2017-05-19 10:09 | Report Abuse

faster buy in. MHC will come 1.00 soon

KingLucy

65 posts

Posted by KingLucy > 2017-05-26 23:33 | Report Abuse

downtrend

Posted by Sebastian Sted Power > 2017-05-31 08:39 | Report Abuse

very kamsiap only 1.5cents DIV

Posted by Trojanblade > 2017-06-08 13:56 | Report Abuse

Queen QQ counter like this won't go up.. Make profit also up little bit then fall like waterfall.. Many people looking at people swimming.. Really kamsiap

Phchew

2 posts

Posted by Phchew > 2017-06-22 22:30 | Report Abuse

Buy now before u regret

ivan9511

3,854 posts

Posted by ivan9511 > 2017-07-01 17:48 | Report Abuse

dividend too little . glomac only 65senn also give 3sen dividend a year.
mhc 85sen only give 1.5sen
buy glomac better la.
shit

Posted by Sebastian Sted Power > 2017-07-11 08:50 | Report Abuse

yes. put in FD also 3%++

This counter link to dato dato; only they will untung. We rugiiiii

minigiant

59 posts

Posted by minigiant > 2018-01-21 14:01 | Report Abuse

slowly accumulating this stock

chankp7010

614 posts

Posted by chankp7010 > 2018-07-26 10:03 | Report Abuse

MHC palm oil estates in and around Teluk Intan, Hutang Melintang and Bidor areas are very valuable but remained at book values. MHC is really undervalued stock.

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-07-26 11:41 | Report Abuse

best time to buy and earn profit

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