I am a Malaysian. A Singaporean PR. I have not even one Singapore share since I don't know much about Singapore. I want to buy shares that I know. And if I do know a lot more of something I tend to share more.
Today, My Friend Samuel Tan of KGV International mentioned in TheEdgedaily that
-----------NEW HIGHWAYS CONTINUE TO BOOST VALUES"
EDL Has Made Permas Jaya like PJ to KL. And Bandar Sri Alam has 25 Universities, International Schools & Institutions of Higher Learning. 20,000 students will need accommodation. And when the 1.8km 6 Lanes Connection from Bandar Sri Alam to Nusa Damai is ready the Boom Will Lift Up Nusa Damai for a very long time of future prosperity.
How far is 1.8km? Well, right now the 2 lanes road beside JOHOR SOUTH KEY MEGA MALL will be upgraded to a 6 Lanes Wide Road. The Distance From End To End is 1.8k.m. So go and test it out now & see how near it is?.
@gweilo: Based on what facts and implications you come up with such valuation? Rumour? Recently, people speculates on the appreciation of the value of landbank that the company has in Pengerang. Hhm, yes, indeed it may lead to some positive effect on the balance sheet. But, I don't think the benefit can materialize at the moment. Of course, may be in long long future, the Pengerang RAPID project can indirectly benefit the property devlopers at the side way. Most importantly, the profitability of its existing business is still the key factor for the valuation. Perhaps, I am too conservative. The current price is okay.
I never buy nor sell on rumor. I always look at PE, NTA, management, current news and future potential, etc. All are good for go with MPHBCAP and with the impending insurance stakeholding by major Italian company the outlook is good and now because of the Pengerang approval I expect the stock to be re-rated upward in terms of earnings as well as nta and expect further good news as well. So, the momentum is all positive as far as the eye can see. It wun be 3rm today, tomorrow next month or perhaps not even next year but it will eventually be and I am a patient long term investor type. BTW Hwang DBS also value the company at 3RM when initial spun off from mphb mother so me not toking cock.
SJSOON go look at insas thread. I recommend a few months ago below .50 and now 1.3. Well, now, I see same awakening in mphbcap and also e&o which I also believe will rise to 3rm. And, Insas too as it is still way way undervalued considering its stakes in ho hup, formis and inari yet with pe=5 n nta almost 2rm still berry CHEAP!
gweilo bro: I agree with you on MPHBCAP, it is a very good counter. Been keeping since August last year, and will wait until this stock is fully value, will never sell on rumor at least for now until it goes up to the price that i'm expected.
Yes finally this stock is > 2.00 . Last week ask somebody to buy CA but he didn't want to now the price shot up so fast . The call warrants of this stock are all low premium so safer to buy then dsonic ca , karex ca and cb .
I read comments from cariyoyo dated 12th. March 2014 suggesting to buy MPHB Capital if you have some spare cash. It was mentioned about some Italian insurance company buying up 49% of MPHB insurance arm. I see that this cariyoyo has some insider news on a few stocks like Coastal, IJM Land and Maybulk.
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....
calvintaneng
56,686 posts
Posted by calvintaneng > 2014-04-05 22:35 |
Post removed.Why?