MALAYSIA PACIFIC CORP BHD

KLSE (MYR): MPCORP (6548)

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Last Price

0.07

Today's Change

0.00 (0.00%)

Day's Change

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8 people like this.

4,841 comment(s). Last comment by Newtoshareworld 2024-04-01 16:01

JasonPoh

173 posts

Posted by JasonPoh > 2014-10-19 22:53 | Report Abuse

Right now, peoples are fearful not for the market but MPCorp shares !!

calvintaneng

56,242 posts

Posted by calvintaneng > 2014-10-19 23:10 | Report Abuse

Haha!

Fearful of MP Corp shares?

Calvin is completely fearless!!

IF YOU KNOW THERE IS NOTHING TO FEAR!

tenlot

541 posts

Posted by tenlot > 2014-10-20 03:50 | Report Abuse

calvin, i support you sincerely.

tenlot

541 posts

Posted by tenlot > 2014-10-20 03:55 | Report Abuse

able to insist on own opinion is a must in investment.
If not, we are following the choices of others and most probably we might lose the chance to gain profit.
I support you sincerely.
But,i am not following you.
I am timid.

tenlot

541 posts

Posted by tenlot > 2014-10-20 03:56 | Report Abuse

Waiting patiently is also a must in investment.
Take good care.
Bye

tenlot

541 posts

Posted by tenlot > 2014-10-20 04:02 | Report Abuse

Mpcorp needs time to back to the track.

tenlot

541 posts

Posted by tenlot > 2014-10-20 04:03 | Report Abuse

May be 1 year, 2 years ....May be within 9 months.
Aiyo, anyway risky, i would not stay

smalltimer

1,501 posts

Posted by smalltimer > 2014-10-20 11:04 | Report Abuse

how is mpcorp going to back the 120m?

tenlot

541 posts

Posted by tenlot > 2014-10-20 12:12 | Report Abuse

smalltimer, not stable yet...
You have to learn from Calvin.
Learn his patience and confidence.

tenlot

541 posts

Posted by tenlot > 2014-10-20 12:31 | Report Abuse

satu lalat pun tak ada

tenlot

541 posts

Posted by tenlot > 2014-10-20 12:58 | Report Abuse

Calvin, Calling all to win, good morning.

tenlot

541 posts

Posted by tenlot > 2014-10-20 12:59 | Report Abuse

You are indeed rare among investors.

tenlot

541 posts

Posted by tenlot > 2014-10-20 12:59 | Report Abuse

Keep it up

Nancy Tang

853 posts

Posted by Nancy Tang > 2014-10-20 13:22 | Report Abuse

The pipe piper !

tenlot

541 posts

Posted by tenlot > 2014-10-20 14:30 | Report Abuse

rat infestation

tenlot

541 posts

Posted by tenlot > 2014-10-20 16:55 | Report Abuse

bounce back a bit...but not couraging

calvintaneng

56,242 posts

Posted by calvintaneng > 2014-10-20 17:17 | Report Abuse

Sikit sikit jadi bukit!

calvintaneng

56,242 posts

Posted by calvintaneng > 2014-10-20 17:21 | Report Abuse

Sikit is this

Every minute Nusa Damai Lands up RM500

Or Up RM720,000 in one month
Or Up RM22.3 Millions One Month
Or RM267 MILLIONS IN ONE YEAR!

THE LONGER YOU KEEP THE MORE VALUABLE NUSA DAMAI LANDS!

Go Go Money Powered Prime Prime Lands of MP Corp

calvintaneng

56,242 posts

Posted by calvintaneng > 2014-10-20 17:23 | Report Abuse

Every minute up RM500 due to connecting 6 lane highway being built

Up RM720,000 in One Day

Same like Tambun Indah because of Penang 2nd Bridge

tenlot

541 posts

Posted by tenlot > 2014-10-20 19:43 | Report Abuse

but the land in the end will be sold cheap cheap to the major shareholder through related party transaction.

tenlot

541 posts

Posted by tenlot > 2014-10-20 19:44 | Report Abuse

Calvin , this counter will be listed under PN17 in 2015 because of the cancellation of new shares. Can't match the target of 5% of par value revenue.

tenlot

541 posts

Posted by tenlot > 2014-10-20 19:45 | Report Abuse

Calvin, you have to pray that the new shares will be issued as scheduled and not affected because of TPY's case

calvintaneng

56,242 posts

Posted by calvintaneng > 2014-10-20 19:47 | Report Abuse

Tenlot

Don't worry about pn17

Your concern should be - within 2 years MP Corp's Nusa Damai lands will appreciate by half a Billion Ringgit.

And Money can solve all MP Corp problems!

tenlot

541 posts

Posted by tenlot > 2014-10-20 23:19 | Report Abuse

Calvin, have a good dream

calvintaneng

56,242 posts

Posted by calvintaneng > 2014-10-20 23:31 | Report Abuse

Tenlot,

I in Booming Iskandar!

My Friends The Housing Agents Told Me There is Now VERY FIERCE BIDDING FOR HOUSES AT JOHOR HIGH COURT AUCTION FOR HOUSES IN TAMAN SCIENTEX & KOTA MASAI. AND HOUSE PRICES IN BANDAR SRI ALAM HAVE GONE CRAZY NOW - EVEN MATCHING NUSAJAYA PRICES.

THIS SHOWS THAT NUSA DAMAI LAND AT RM8.40 psf IS NOW A SCREAMING BUY!

I REMEMBER BUYING LAFARGE AT 66 CENTS WHEN NOBODY WANTED

I ALSO REMEMBER BUYING OKA AT 17 CENTS (AFTER SPLIT) WHEN I SAW HIGHWAY & HOUSING BOOM

I BOUGHT PM CORP AS LOW AS 7.5 CENTS WHEN I SAW ITS POTENTIAL

AND I SAW NOW FEW PEOPLE CAN SEE AS YET - THE ASTRONOMICAL REVALUATION OF MP CORP LANDS.

MP CORP LANDS ARE FAR MORE VALUABLE THAT MUI'S BANDAR SPRINGHILL OR HYDE PARK HOTEL

ISKANDAR EAST IS NOW THE FASTING GROWING REGION IN THE WHOLE WORLD

AND NUSA DAMAI IS THE VERY HEART OF EASTERN ISKANDAR

ONLY CALVIN IS AWARE & ALERT - THE ENTIRE INVESTING CROWD IS STILL SLEEPING

tenlot

541 posts

Posted by tenlot > 2014-10-21 01:59 | Report Abuse

Calvin, you bought at 50 cents.
But people can buy now at 37 cents.
It is better for you to sleep than awake.
HAHA........

Just joking, anyway, i wish you can succeed. Take care

Posted by betulbetullcakap > 2014-10-21 09:28 | Report Abuse

No banks is going to finance MPC

Posted by betulbetullcakap > 2014-10-21 09:29 | Report Abuse

See you at 0.20

tenlot

541 posts

Posted by tenlot > 2014-10-21 09:32 | Report Abuse

betul-betul cakap...
memang betul.

calvintaneng

56,242 posts

Posted by calvintaneng > 2014-10-21 09:44 | Report Abuse

Haha!

See even tenlot succumbed to naysayer. MP Corp at 20 cents?

Calvin shall look forward to buy more then.

All who have lost faith and lost hope just sell your MP Corp shares now.

And all followers of Calvin (the silent ones) get ready more bullet to buy MP Corp shares on offer!

Happiness is to know One Day I shall Be Proven Correct.

Nancy Tang

853 posts

Posted by Nancy Tang > 2014-10-21 11:19 | Report Abuse

Beware of the pipe piper !!!

calvintaneng

56,242 posts

Posted by calvintaneng > 2014-10-21 15:20 | Report Abuse

Haha!

SO GOOD!

limayseng

2,076 posts

Posted by limayseng > 2014-10-21 15:42 | Report Abuse

no buyer.....tunggu aje lah....

tenlot

541 posts

Posted by tenlot > 2014-10-21 16:02 | Report Abuse

orang dah terangkan, kaunter ini akan jatuh PN17 dalam 2015.
Dia tak mau dengar, kita pun tak boleh buat apa-apa.
tak ada saham baru, tak boleh bayar hutang.
tak ada saham baru, paid up capital tidak dikurangkan 50 sen.
revenue 2014 cuma 6 million.
kalau paid up capital tidak dikurangkan 50 sen, sekurang-kurangnya 14 million revenue diperlukan untuk elak daripada PN17.

tenlot

541 posts

Posted by tenlot > 2014-10-21 16:03 | Report Abuse

bagaimanapun, calvin tau apa berlaku sebenarnya.
biarlah, calvin, you teruskan you punya jalan.
Selamat berjaya.

calvintaneng

56,242 posts

Posted by calvintaneng > 2014-10-22 12:25 | Report Abuse

MP Corp

Multiple Problem Corp?

Calvin see No Problem At All

Debt to Amanah = RM120 Million

Owing RHB Bank RM80 Million

Total Debt is around RM200 Millions

Now Wisma MPI is valued at RM320 Millions

THE SOLUTION:

Sell Wisma MPI by Official Public Tender

Reserve Price of RM200 Millions.

If sold at RM200 Millions - All Problems solved instantly!

If There is Surplus - A Windfall For Share Holders

And Then Free From Debt Just Wait For 6 Lanes Highway to Reach Nusa Damai from Bandar Sri Alam. Also by then The Pengerang Boom will spill over to Whole of Eastern Iskandar

3 Things Can Happen

1) Company build houses & Now Selling Like Hot Cakes! High Profit due to very low land cost at RM8.40 psf

2) Joint Venture Finally Arrive for Aptec and LakeHill Resort!

3) Tan Sri Liew of Ecoworld decide to take MP Corp private at RM1.40 like Focal Aim.
Is RM1.40 too cheap then? Maybe Tan Sri Liew might offer RM2.00!


So RM2.00 is a very great possibility!

Fact is stranger than fiction.

The solution to the problem is so simple!

Regards,

Calvin Tan

Seek

443 posts

Posted by Seek > 2014-10-22 15:32 | Report Abuse

Tq Calvin. This counter is cheap cos of the reasons mentioned. Without those problems the price won't be at this price. So all these are already factored in the price. It may come down again nobody knows but may go up if more people knows the value of the land!

Good value to start collecting?

tenlot

541 posts

Posted by tenlot > 2014-10-22 19:10 | Report Abuse

Calvin, the related party transaction has not been taken into account.
Do remember that they once did sell the land at a very low price to 100% owned company.
If this was to happen again, then your calculation will not stand.
Last time, Bill said that the land was sold to his 100% owned company because he want to avoid MPCORP fall into PN17.
This time?
You have to know another 2 months, if no par value reduction, MPCORP will definitely fall into PN17 due to failure to meet 5% revenue of par value.

tenlot

541 posts

Posted by tenlot > 2014-10-22 19:11 | Report Abuse

Be prepared...
I just remind you.

tenlot

541 posts

Posted by tenlot > 2014-10-22 19:30 | Report Abuse

Megan last time also fall without sign.
Without any announcement,fall quietly, a bit by a bit.
When announcement is made, already at very very low price.

calvintaneng

56,242 posts

Posted by calvintaneng > 2014-10-22 20:27 | Report Abuse

Megan Media?

I saw Directors Parachuting By Dumping All Their Shares. And Megan Blue Ray Disc Factory were non existence.

For MP Corp Directors Own More Than 55% Shares. And The Assets Are REAL & VERY SOLID.

If You KNOW THERE IS REALLY NOTHING TO FEAR.

tenlot

541 posts

Posted by tenlot > 2014-10-23 06:34 | Report Abuse

Shareholder Yap Chee Keong said chairman Datuk Syed Hussien Abdul Kadir has agreed to the request by minority shareholders to appoint an independent auditor other than current auditor Messrs BDO to take a look at MPCorp’s books to clear all doubts.


However, in the end, MPCORP reject the request.
"This comes two days after the company told Bursa Malaysia that the request was made without basis, but agreed to discuss the matter at its next board meeting in January."

Why???
BECAUSE OF SOME REASONS

tenlot

541 posts

Posted by tenlot > 2014-10-23 06:38 | Report Abuse

You will know these reasons in next few months.
The value has been gradually worn away by some schemes.....
Billy is familiar with these schemes.
You can see these facts from Protasco's lawsuit.

Calvin, open your big eyes and see carefully

tenlot

541 posts

Posted by tenlot > 2014-10-23 06:40 | Report Abuse

Billy disposed 5.2% at 55 cents la...
Where got value?
Ah boy, awake lar....
don't sleep liao.
Choong Pooh also dissapeared liao.
Wei , Choong Pooh, where have you gone?
Die meh?

calvintaneng

56,242 posts

Posted by calvintaneng > 2014-10-23 09:28 | Report Abuse

Good Morning

3 Good News Today

1) Spore has been Voted The No. 1 Tourism Country for Year 2015 by World Famous Lonely Planet Magazine. This will spill over into Iskandar

2) HSR Has Confirmed Iskandar as One of 7 Train Station

3) PIPC Is Now On Track! The Pengerang Boom Will Also Lift Up MP Corp Land Prices!

SO STAY INVESTED!

tenlot

541 posts

Posted by tenlot > 2014-10-23 11:21 | Report Abuse

Calvin, do you know what price TPY bought from Billy?

tenlot

541 posts

Posted by tenlot > 2014-10-23 11:22 | Report Abuse

CONTINUE YOUR DREAM.
fat dream

Posted by leslieroycarter > 2014-10-23 11:29 | Report Abuse

Look at Kseng , with so much liquid cash and many said undervalued assets , some said it may touch 17-20 or 50 in RM ????So, what do u think ? it is only trading 5+ , about mpcorp , with so much debts , lands and properties all being charged or mortgaged , with huge and unpaid loans and liabilities , u think it may go.....?

tenlot

541 posts

Posted by tenlot > 2014-10-23 11:49 | Report Abuse

The most important thing is Billy is charged under insider trading.
He has been in jail before.
You will never get a good bid with bad person.

tenlot

541 posts

Posted by tenlot > 2014-10-23 11:51 | Report Abuse

Billy has sold a parcel of land of MPCORP to his 100% owned company through related party transaction at a very very low price....
He said the reason doing this was to avoid the company fall into PN17.
If this was to happen again and the land will be sold at book value to his 100% owned company.
Will the NTA become higher ?
Will the debts being settled?

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