Posted by spyspy303 > 2014-11-06 18:17 | Report Abuse

Italian insurer coming in

Posted by tradeview > 2014-11-07 12:02 | Report Abuse

heard the same thing as spyspy303.

Posted by buffetthe2nd > 2014-11-07 12:57 | Report Abuse

http://www.nanyang.com/node/660598?tid=462

Posted by buffetthe2nd > 2014-11-09 14:33 | Report Abuse

http://biz.sinchew.com.my/node/105040?tid=6 really really really really is this real ?? wowwww !!!

Posted by buffetthe2nd > 2014-11-09 15:37 | Report Abuse

http://www.nanyang.com/node/661007?tid=462

Posted by tradeview > 2014-11-09 15:58 | Report Abuse

yes, this is seems highly likely. So TP of RM2.8 should not be a problem. Question is whether it will hit RM3.

Posted by buffetthe2nd > 2014-11-10 09:54 | Report Abuse

http://www.chinapress.com.my/node/575672

Posted by spyspy303 > 2014-11-10 10:57 | Report Abuse

Quote frm analyst; TP "AT LEAST" rm2.80.

Posted by tradeview > 2014-11-10 11:10 | Report Abuse

this is true. TP RM2.80 is not inclusive of johor land court appeal and pending land deals. TP2.8 is based on the valuation of MPIB business and its divestment. With price to book value ratio of 2.4-2.5x, TP is easily attainable.

Posted by jordannlim > 2014-11-20 07:35 | Report Abuse

Why this counter have not issued any dividends at all?

Posted by imoogi99 > 2014-11-20 09:54 | Report Abuse

Declared once but reject by Bank Negara....ask them to conserve cash. Expected after the sales of the 49% stake in the insurance division will have some dividends.

Posted by Govin Chuah > 2014-11-21 00:20 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1798577

Posted by scy55309 > 2014-11-23 23:43 | Report Abuse

hmm..the price should move up right.?due to the financial report..why still no movement..a bit worry liao..

Posted by wongkok > 2014-11-24 15:50 | Report Abuse

Why worry? Ur boss asked you to buy isn't it? Ask him lah!

Posted by tradeview > 2014-12-12 18:28 | Report Abuse

heard signing soon..

Posted by ahpan80 > 2014-12-12 22:40 | Report Abuse

tradeview, ur source can trust or not? this is what i been waiting for..

Posted by tradeview > 2014-12-13 14:47 | Report Abuse

This is what I have been told. As you can see from earlier comments, this counter is definitely in the money based on the valuation of the sale. The problem is the details of the deal have not been made public because the signing has not been done.

Posted by ahpan80 > 2014-12-14 17:40 | Report Abuse

so the point is when is the signing date? now klci bearish....will the signing can help mphbcap?

Posted by Mr Lim > 2014-12-16 00:16 | Report Abuse

buy and hold. now the price quite fair.

Posted by member41 > 2014-12-16 13:10 | Report Abuse

V gd price. Buy and hold a while

Posted by wongkok > 2014-12-18 19:01 | Report Abuse

Finally! The announcement on the disposal!

Posted by ufoisreal > 2014-12-18 21:45 | Report Abuse

RM355,803,000 means 0.498 sen a share

Posted by gstlee > 2014-12-18 21:45 | Report Abuse

Generali has entered into an agreement with Multi-Purpose Capital Holdings Berhad, a wholly owned subsidiary of the Malaysian group headed by MPHB Capital,to acquire a 49% stake in its P&C insurance subsidiary, Multi-Purpose Insurans Berhad (MPIB), for a consideration of €81.4m (MYR355.8m).

http://www.ftseglobalmarkets.com/news/generali-buys-49-of-mpib-enters-malaysian-pc-market.html

Posted by ufoisreal > 2014-12-18 21:48 | Report Abuse

you guy are rich tomorow,spike spike spike up

Posted by member41 > 2014-12-18 21:49 | Report Abuse

Yahoo luckily we add during drop.

Posted by ufoisreal > 2014-12-18 21:50 | Report Abuse

target price is rm2.80 ??

Posted by ufoisreal > 2014-12-18 21:51 | Report Abuse

can anyone sell me 2.04 tomorow??

Posted by scy55309 > 2014-12-18 23:01 | Report Abuse

good one..

Posted by imoogi99 > 2014-12-18 23:52 | Report Abuse

Good and bad....good is that they got good price...ie p/bv of 2.45. Bad is shareholder cant touch much of the RM355mil at the moment due to the put/call options in the agreement. They need to standby the cash if BNM does not approve the call option or approved with less than 21% stake. So hv to wait till after 2yrs and see what happen or maybe some small dividend along the way.

Posted by ufoisreal > 2014-12-19 00:09 | Report Abuse

so...no show tomorow?? i was thinking of trading this 1 tomorow

Posted by OIC > 2014-12-19 01:26 | Report Abuse

Just a covenant on net asset not cash on completion onwards. The vendor should have enough cash n other assets.

Posted by vinc3362 > 2014-12-19 07:08 | Report Abuse

At RM355 million for 49% stake, they are valuing the insurance business at RM 724 million. Which works out to RM 1.01 per MPHB share.

At PBV of 2.45 , the book value of the insurance business is RM0.4145 per MPHB share.

Posted by Funtrade > 2014-12-19 08:31 | Report Abuse

Macam ada ong hari ini

Posted by soon9913 > 2014-12-28 20:49 | Report Abuse

Vinc, I think your calculation got error

Posted by tradeview > 2015-01-09 17:07 | Report Abuse

significantly undervalued counter which is fundamentally sound with ongoing corporate exercise. It is only a matter of time.

Posted by member41 > 2015-01-15 13:31 | Report Abuse

Below 2 can add... must hold a while

Posted by kltan > 2015-01-19 11:08 | Report Abuse

looks like it is moving up. Is there anything going on?

Posted by loyalok > 2015-01-23 11:45 | Report Abuse

TP is 2.8

Posted by Johnson Tan > 2015-01-23 13:02 | Report Abuse

Hi loyalok - how did you get to know or estimate the TP? Basis?

Posted by loyalok > 2015-01-25 15:18 | Report Abuse

1.8 of BV

Posted by loyalok > 2015-01-25 15:19 | Report Abuse

bv of 2013

Posted by loyalok > 2015-01-25 15:34 | Report Abuse

cash rich ~700m

Posted by member41 > 2015-01-27 13:16 | Report Abuse

keep adding this one for long term...

Posted by Kai Shien Ks > 2015-02-12 18:15 | Report Abuse

Counter ini bagus...good report again

Posted by member41 > 2015-02-13 08:33 | Report Abuse

Is the RTO w Naza TTDI real?

Posted by viskar > 2015-02-13 11:45 | Report Abuse

Show time started....

Posted by sharedirector > 2015-03-16 16:36 | Report Abuse

drop drop drop... what happen?

Posted by member41 > 2015-03-16 19:36 | Report Abuse

Drop is good. Buy more.

Posted by number12 > 2015-03-16 21:56 | Report Abuse

buy buy buy

Posted by number12 > 2015-03-17 12:41 | Report Abuse

buy queue so strong, should be big player buy, next week meeting should be good for that, yeah...