From the map i believe the existing link bridge to tmn masai or nusa damai is almost completed and readily access to the mpcorp site. But again i am not confident with the mgmt getting the projects going. I had read some blog abt minority shareholders questioning mgmt or majority shareholder integrity and competency.
If mpcorp ceo replaced by tan sri liew of ecoworld, the aptec & lakehill will sure kick-off and build a similar project like battersea london or desapark city township. Share price will hit >$3... then, mpcorp share price undervaluation is justified. Alternately, sell off wisma mpl and the land then cash repayment...which shd work out more than rm1. Lets hope that happen....
Don't under estimate mpcorp landbank. A lot of big shark is eyeing and doesn't matter how stupid is d management. Time will tell. This is how I make excellent profit at focal aim.
Hmmmm, after sell asset, no more asset, you think major holder want meh? They now waiting big water fish come in, sell them part of the assets for high price....
I have been thinking of those who claim that they made a lot in short term speculation as opposed to old fashioned long term value investing. They claimed that Benjamin Graham & Buuffet/Munger type of investors are now outdated by a more modern form of "pump & dump or hit and run" methods.
Is heavy punting with fast turnover in hot counters a modern invention? Definitely Not!! To me this is the most primitive form of living - fraught with stress & danger.
This form of living is like foraging for food near the mouth of active volcanoes, skating & fishing on thin ice or stealing food from lion's kill. You have to be fully alert, fast & swift Or Else you might be smothered by hot volcano larva, fall into freezing lake and died of hypothermia or get killed by lion.
You see, the primitive people were hunter/gatherer from the earliest civilization. They don't live permanently in one place but were nomads that move from place to place.
So our modern day counterpart are having the same primitive behaviour - they wander from stock to stock & jump from share to share just like the wild hunter/gatherer.
As man becomes more civilized he started husbandry (rear chicken, cows and even fish) & also started cultivation - rice, rubber and oil palms. THIS IS A MORE MODERN LIFESTYLE. No More The Days Of Wandering From Place To Place.
Only primitive orang asli still roam the jungles of Malaysia today. Do you want to live your life like the orang asli - Or the Orang Utan? So uncertain and stressful lifestyle.
Alas! 80% of the People in KLSE is doing exactly like the orang asli. They don't invest long term - they only jump from counter to counter like these primitive hunter/gatherer. No permanent counter like holding UMW for 10 years.
10 years? I met one guy in OSK Taman Molek who can buy and sell shares within 20 minutes! Amazing?
So to say that Planters/Husbandry as outdated is a totally warped mentality.
Actually, it is the other way round - pump and dump, hit & run or punting from counter to counter is really the backward uncivilized behaviour of Orang Utan
MP Corp Is A Stock for True Modern Day Planters/Husbandry. No need to hit and run. Just buy and keep like seeing Oil Palm & Other CASH Crop Growing & Growing All The Time. No Stress At All.
630 Freehold Lands in 4 Big Parcels. 1) For Aptex 2) For LakeHill Resort City 3) For Housing & 4) A Big Parcel of Commercial Land opposite the current ECONSAVE Super Market in Taman Scientex.
Aptec & LakeHill Resort City are both zoned under commercial use.
Of the 6 Acres Land I was told by Encik Fahmi (Manager of LakeHill Site HQ) that 130 acres are reserved for amenities. 500 Very Prime Lands will worth about RM70 - Toal value around RM1.5 Billions.
Divided by freefloat of 288 Million shares NTA Per Shares is RM5.28.
This figure exclude Wisma MPL & liabilities. If Wisma MPL is sold for RM300 Millions & settle all debts there will even be a further CASH Surplus. So NTA Should Even touch RM5.50!
Only about 1.5km away Bandar Sri Alam of UM Land (privatised) will be launching the High End Bungalow Enclave Soon at between RM1.6 Millions for Semi-D & Above RM2 Millions for Detached Bungalows.
The current land of Bandar Sri Alam consists of Oil Palm trees. For LakeHill It Is Far Superior Virgin Forest with a 25 Acre Natural Lake.
Thanks for the info Calvin, bt till now still no further development...how long for investor to wait ,,when this counter start bullish to reflect actual value?
Everyday a dozen excavators, tractors, lorries & dump trucks are paving the New 6 Land Exit From Nusa Damai into Bandar Sri Alam. Only 1.8km distance. Will be ready by 2015.
When development is secured MP Corp price will definitely be rerated upward. Just as Batu Kawan attracts Ikea & Paramount now to speed up development in Batu Kawan so MP Corp's turn will come soon.
In The March of Relentless Sweeping Progress LakeHill & Aptec Will Be Developed.
When I was in KL I first visited Taman Tun Dr Ismail in early 1980s. Bandar Utama was non existence then. There were only oil palm tress. Puchong too. Very ulu with miles and miles of rubber trees then.
See how progress finally overtook Bandar Utama & Puchong today. For the gamblers time is not on his side. When T+4 is up - he has to cut loss. BUT TIME IS ON THE SIDE OF INVESTORS. IN TIME LAND VALUE KEEPS GOING UP & UP!
The Share Market Is The Only Place Where Value Is Distorted.
In Real Life - Grouper Fish sells for RM35 per kg. Expensive? Eat a little.
Then Grouper Fish Price Dropped to RM17.50. Wow 50% Discount. Eat more Fish now.
Price Dropped to RM3.50 per Kg. Well, now we can afford nice Fish Steak.
You see price Dropped from RM35 per kg to only RM3.50 only - A Drop of 90%. We can see the bargain. So we buy more fish.
In The Share Market This Behaviour is totally different. When
Inari is x price (buy some) Inari has gone up (Now buy more.) Wow! Inari price still shoots up (Dump all your money into inari now? Many fools just did. That's why 80% of the Market eventually lose money & some go bankrupt!
Let's apply Inari Style of stock purchase substitute by buying fish.
Now Grouper Fish is RM35 - buy a little.
Ha! Gouper Fsh now doubled to RM70 per kg (Eat more Fish ah?)
Wow! Now Grouper Fish Price Is Hot - SHOT UP TO RM350 per kg. Up 1,000% (Ha Dump all your money into buying Grouper fish at RM350!!!????)
Ha! This is what the people who chase Inari are doing exactly.
So In The Real World We Behave Rationally. But Not In The Stock Market. Here people are irrational.
Tragic But True. The 90% Irrational Cannot Invest in MP Corp now while its price is cheap.
But the same 90% irrational will someday go GaGa over MP Corp if MP Corp crosses RM1.50.
Nobody wanted Focal Aims at 11 Cts. There is One Thousand and One Reason Not To Buy Focal Aims at 11 Cts (So cheap liau - kena pn17 mah). Now Ecoworld a bubble at over RM4.70 there are many reasons to Chase Ecoworld.
IF YOU WANT TO DO EXCEEDINGLY WELL & BE EXCEPTIONAL IN THE SHARE MARKET YOU MUST CONQUER YOUR FEELINGS FIRST - THEN ONLY YOU HAVE NERVE OF STEEL TO GO AGAINST THE CROWD.
SINCE 80% OF THE MARKET EVENTUALLY LOSE MONEY - YOU CAN SAFELY GO AGAINST THE CROWD!
No need 6 months. MOU with Black Sea Horizon Investment on APTEC will be known by 3rd May, 2013. And TheEdgeDaily reported that there is a separate negotiation going on with Dong Cheng Group from HK to develope LakeHill Resort City.
Either one of the 2 will suffice to turn things positive if CASH Infusion For JV materialized. I think many other parties are also aware of the Strategic Change of Fortune in Eastern Iskandar by then as PM NAJIB Has Already hinted that The Next Rising Star Is Pengerang Oil & Gas' RAPID RM170 Billions Project.
The longer any jv is delayed the better will be the value of MP Corp prime lands. The Equation has tipped favourably for Nusa Damai as property Prices from Pengerang skyrocket towards Eastern Iskandar.
IN THE DIRECTION OF GROWTH EVEN RAWANG IN NORTH SELANGOR IS NO LONGER CHEAP. How Much More Taman Nusa Damai which will be Only a mere 18 minutes from Down Town JB CBD!
As to confidence in management I once bought BJ Corp at 12 Cts. BJ Corp had fallen from a high of RM2.20 to an all time low of only 9 Cts. People called VT "con man". Even my remisier friend's face turned green when I told him I bought BJ Corp at 12 Cts.
Sentiment was at rock bottom then - reflected in share price at 12 cts. My Remisier Friend is an Accountant with CFA. When sentiment turned positive later - people chased BJ Corp to over RM1.80. By then the Halls & Corridors of Stock Broking Firms were filled with shouts "BJ Corp! BJ Corp!"
And I became very fearful like I am very fearful with Inari, Datasonic & other high flying shares today.
So for MP Corp As 99.9% of the people are bearish. I am bullish!
I have lived through BJ Corp days at 12 cts, Perak Corp days at 60 cts, DKSH days at 42 cts & KPS days also at 42 cts. So I speak from 30 years experience. Will it fail me this time? Only time will tell.
this mpcorp ..i been watching it for 2..3 years....one of the 1st company venture to iskandar..and yet cant capitalise last few year boom at iskandar....Be cautions...if not later lose ur pants
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....
poohboy
176 posts
Posted by poohboy > 2014-03-25 22:55 | Report Abuse
From the map i believe the existing link bridge to tmn masai or nusa damai is almost completed and readily access to the mpcorp site. But again i am not confident with the mgmt getting the projects going. I had read some blog abt minority shareholders questioning mgmt or majority shareholder integrity and competency.