Posted by member41 > 2013-11-11 14:35 | Report Abuse

Koi Koh: why kinibiz say MPL overvalued at 320m? I am not member can't read the whole article.

http://www.kinibiz.com/story/corporate/58588/wisma-mpl-overvalued-says-mpcorp-shareholder.html

Posted by member41 > 2013-11-11 14:55 | Report Abuse

actually MPCORP owing about $210m to RHB and Amanah right? Even if MPL value is around 250m still can pay off all owings. I'm sure land price in Jln Raja Chulan in KL city centre easily worth more than 1,000psf.

Posted by richman > 2013-11-11 15:51 | Report Abuse

right here waiting i think a rebound is overdue

Posted by member41 > 2013-11-11 15:52 | Report Abuse

richman wb 12c now... squeeze?

Posted by member41 > 2013-11-11 16:10 | Report Abuse

the co no $$$ even after dispose MPL (also not confirm) they still need investor bring in $ to develop the land. who will the knight be?

Posted by richman > 2013-11-11 16:25 | Report Abuse

the wrts at 12.5cts good buy for the rebound tomorrow

Posted by richman > 2013-11-11 16:30 | Report Abuse

time your buy the wrts now at its lows squuezing over friends

Posted by richman > 2013-11-12 08:49 | Report Abuse

squeezing over now let the $$$$$ flow

Posted by richman > 2013-11-12 10:27 | Report Abuse

buy call

Posted by richman > 2013-11-12 10:44 | Report Abuse

buy now a rebound anytime now

Posted by richman > 2013-11-12 11:53 | Report Abuse

very ripe already $$$$

Posted by member41 > 2013-11-12 11:56 | Report Abuse

still 12

Posted by richman > 2013-11-12 11:57 | Report Abuse

why chase get ready now lah

Posted by member41 > 2013-11-12 13:54 | Report Abuse

richman we are ready... when start? :)

Posted by richman > 2013-11-12 15:08 | Report Abuse

someone squeezing the mum wait it will come

Posted by fairjimmy > 2013-11-12 15:38 | Report Abuse

Pai keok mai how to run

Posted by richman > 2013-11-13 10:16 | Report Abuse

i think the the rot stops here should have some upside today i hope

Posted by member41 > 2013-11-13 10:54 | Report Abuse

I don't think will back to 5sen but the company borderline PN17... already they did some accounting entry in recent quarterly financial to adjust the profit up 60m by reversing the impairment value of the land. Not sure if their intention is actually for "earnings management" to make provision during good times and to reverse the provision to inflate profit when their losses are high. Management maybe doing it to avoid the PN17.

Already there is other news previously raised by irate shareholder that the company sold off some houses to related company to boost income (and no disclosure made to shareholders) also to avoid PN17? So I think management are quite desperate liao to avoid PN17 yet don't know why they don't sell off the MPL and/or some of the 638acres to pay off the 2 creditors rhb and amanah... is the delay due to dato not wanting sell asset or nobody want to buy? also another problem after settling the debt is who will inject $$$$ to start the APTEC and Lakehill project stuck since 2008? Don't think they do it alone.

Posted by richman > 2013-11-13 11:53 | Report Abuse

think the wrts at 12cts is at its lows

Posted by member41 > 2013-11-13 11:54 | Report Abuse

hehe need richman lend dato some $$$ to start project again.

Posted by richman > 2013-11-13 12:29 | Report Abuse

I am giving him a call later to ask him how much he wants?most i can afford is a billion

Posted by richman > 2013-11-13 12:31 | Report Abuse

will also lend him some money to buy back his shares.

Posted by Gan Hong Khai > 2013-11-13 12:57 | Report Abuse

richman newbie here, this stock worth to buy now?

Posted by richman > 2013-11-13 13:38 | Report Abuse

gan u are lucky now to buy low price esp the wrts I am.considering topping up the wrts.sell maybe for 3cts gain

Posted by richman > 2013-11-13 13:39 | Report Abuse

we have really squeezied it so hard it is going to explode/mean strong rebound

Posted by member41 > 2013-11-13 14:27 | Report Abuse

richman: are you sure wont 11.5?

Posted by member41 > 2013-11-13 14:31 | Report Abuse

haha koi also can squeeze or use karex

Posted by member41 > 2013-11-13 14:41 | Report Abuse

t+a using it also?

Posted by member41 > 2013-11-13 14:59 | Report Abuse

koi: I think buybuybuy is somebody in this forum... saw the name b4

Posted by richman > 2013-11-13 15:13 | Report Abuse

buying in at 12 cts guess who?

Posted by richman > 2013-11-13 15:16 | Report Abuse

risk reward now better

Posted by richman > 2013-11-13 15:20 | Report Abuse

12cts the last i sold 15 cts when it peaked 15.5 really nothing to lose bcos the mum due for a rebound to at least 48 cts

Posted by richman > 2013-11-13 15:21 | Report Abuse

no risk no gain if no buy later when it rebounds you will feel the pain

Posted by richman > 2013-11-13 15:25 | Report Abuse

buy few for kopi money or a good 'massage'hehehe

Posted by richman > 2013-11-13 15:27 | Report Abuse

siapa cepat dia dapat koi or member41;my 2 best friends here hahaha

Posted by member41 > 2013-11-13 15:27 | Report Abuse

hehe u r right the mum and wa steady despite market red.

Posted by richman > 2013-11-13 15:31 | Report Abuse

when mkt was up mpcorp dwn now hehehe be optimistic life is great

Posted by member41 > 2013-11-13 15:48 | Report Abuse

koi koh cabut already? so fast

Posted by richman > 2013-11-13 15:56 | Report Abuse

koi koh waiting to buy......................

Posted by richman > 2013-11-13 16:19 | Report Abuse

really strangle this stk until cannot breathe

Posted by member41 > 2013-11-13 16:20 | Report Abuse

mum still dropping

Posted by lcmserv > 2013-11-13 16:20 | Report Abuse

koi koh why opensys...... any good news

Posted by member41 > 2013-11-13 17:35 | Report Abuse

Fed should taper in Sept then there'll be no uncertainty now... Fed surprised everyone by not tapering then. Now this uncertainty keep dragging. No gd for stocks. :(

Posted by richman > 2013-11-14 11:04 | Report Abuse

trading at 1/2 its nta

Posted by nch218 > 2013-11-14 14:21 | Report Abuse

i join the game on mother n warrant long ago..still holding waiting for good news..warrant easily rebound to 15sen...just need patient...

Posted by member41 > 2013-11-15 14:46 | Report Abuse

haha actually what are we waiting for? all the project stuck since 2008…

Posted by richman > 2013-11-15 16:06 | Report Abuse

i am waiting at 10

Posted by eddiechang73 > 2013-11-18 11:18 | Report Abuse

still negative

Posted by member41 > 2013-11-18 11:21 | Report Abuse

will bleeding until any good news out (if any)...

Posted by Danielle > 2013-11-18 15:26 | Report Abuse

waaaaaa,bloodbath..
u guys still on the boat ak!!?