For me, buy at the price of 0.50 is still cheap. If you buy the right issue share, also 0.50....if you buy LA & LB, unless the mpcorp stand about 0.60, if not loses will be incurred.
Do not buy too many at one go, the restructuring exercise will likely be intentionally-slow, because TPY or the "HIDDEN HAND" want to make sure that the warrant B held by Bill Ch'ng will be "BURNT" ,therefore the high court sanction for capital reduction is likely to be obtained only just a few days or immediately after 21st April 2015, so that Bill Ch'ng will not be able to exercise its warrant B since the exercise price is RM 1.0, if capital reduction is successful too early before that date, exercise price of warrant B will be likely reduced to 50 cents,as a preventive measure , the whole restructuring exercise is expected intentionally to be completed by May/June 2015, we just wait and see ,ok , all the small investors here?
Tomoro will break 0.50 and will never touch 0.4X again. Dun b pessimistic, cytew, as long as the project kick off, the price will move and will never retreat.
As long as the restructuring is not completed, no money come in to settle ADSB's debt and bank default, how to kick off the project ? currently the company is surviving on rental from MPL and Bill Ch'ng's personal loan to the company,Chongpoh , do you think that you are rather naive and ignorant to rush in and out so quickly without a cold and clear mind ? I really pity you.
When TPY (Director) Dares to Buy 15 Million Shares at 55 Cents there is a margin of safety for us to buy at 50 to 52 cents or even 54 cents. Why?
TPY Is Like A General Fighting A War. Most Generals Give Orders From the safety of Command Center. Only the foot soldiers fight and are sacrificed. So Most Company Directors Who Don't Own Any Shares Can Make Decisions Without Suffering Consequences If Their Decisions Fail.
They have nothing to lose even if the Company suffer losses. But Not For TPY. Since He Has Commited SO MUCH CASH He Is Like A General Right In Front of The Battle. Every Lost He Will Suffer Keenly. The Arrows of the enemy will hit him first - as he is the Most Vulnerable - The One Most Exposed To Danger!
So hiding behind him by buying below 55 cents has some form of shield. And he has has Sold his Protasco Shares by the Millions - These CASH (BULLETS) Will Also Come In Handy for MP Corp's War Chest!
any indication of the target price for this share.... i have monitor this share for quite a while... and i think it have the potential to pull up... i just started to buy in... last friday... got all my shares... when the world shares market tumbled.
be confident ... the debt has been settled since the raise of funds has been proposed. I dun care, i just buy in , wait till the project start.. It may develop like Ecoworld... Last time, when i saw Ecoworld went to 2.XX from 0.6X, i thought is high. Contrastly, it went to 5.XX.... The value of ISKANDAR must be seen . MPCORP may one day go to 2.XX or 3.XX .... as you see the project involves more than 3 billion...i cant see any reason the price of the share can be stayed at 0.XX if the project starts....the huge profit will make the price higher and higher.
Who still keep mpcorp-wb , please be attention. As we have seen, the expiry date is getting close. The value will be drastically dropped when about to expire. Now is 0.08, means you still can get back RM80 if you dispose. Just for sharing
IMHO it is very potential.... once proper and concrete announcement is out... it will be too late to grab... unless you keep monitoring it which i don't. TPY had acquired 5% share. He should have something to do to ensure that mpcorp is kicking...and it should not be too long as mpcorp need to settle ADSB in this few months... something must be brewing... if not the C'hing won't sell 5% out to TPY...
With TPY wanna venture into properties (which he already had) - he must have some solutions for mpcorp... if not why wanna buy their 5% shares at 0.55
Just my personal opinion.. However, i don't have the target price... just wish this stock are like the other forum ppl say... maybe can emulate ecoworld feast... then we huat ar...
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....
chongpoh
285 posts
Posted by chongpoh > 2014-08-07 16:20 | Report Abuse
Back 0.495,sad sad...
nvm, i shall wait wait and wait...
till 2.00