ANOTHER BENEFICIARY OF LOW OIL PRICES. ANOTHER POTIENTIAL STOCK TO POWER UP 100% ? 200%? 0R 300% 1,800 ACRES OF LANDS WORTH THEIR VALUE IN GOLD. YES LANDS MORE VALUABLE THE THOSE OF GOLD COAST IN SYDNEY.
WAIT FOR COMPLETE NEW REVELATION BY CALVIN TAN RESEARCH
Just visited Pengerang's Rapid. On the way back now.
A Mind blowing Revelation.
Compacted into a 10 kilometer stretch on beach front is RAPID.
This is the most dynamic region on planet earth today. No wonder Jcorp wants to take Kulim private and Surin wants to take MWE private for its 5% stake in Mphbcap.
The prime lands of 1,800 Mphbcap lands are just beside the new 4 to 6 lanes wide new highway now still under construction.
Calvin bro, really so booming in Pengerang?? Another stock I looking ag is Iwcity! Is done deal liao, if got time can study! Special div avg 7% a yr in next 3yrs! By selling to china developer, unlock Land value, we are looking at RM2min next few yrs
I bought IWcity when it was Tebrau Teguh. It went up from 10 cents, I think. Since its price surged so much I took profit. I think all property developers in Iskandar will do well when MRT from Thompson & HSR Station from KL finally arrive.
I was surprised to see the long lines of lorries & jeeps going in and out of RAPID
Mulpha got land in Leisure Farm. The catalyst for Mulpha will be the HSR station just across Leisure Farm.
Calvin Tan pls dont mislead ppl again...talk with fact pls...
900 acre land can built 25K unit of houses for dsth 22x70? U have to reserve 40% of the land for the access road and aminities such as playground, masjid or surau, drai etc la dude...the most is only 20 units per acre for dsth mean total is about 18k units for 900 acre
Rm400k profit or 65% are the profit for rm600k house?? Come on la...u cakap besar syok sendiri ok la...profit margin for a project nowadays in the range of 20-30% only...coz we sell house not selling chicken ya..why 20%? Coz the land cost, material cost + 6% gst, staff maintainance cost, etc etc...20% of rm600k was only 120k x 18k unit= 2.1 bil profit only
Ok...now come of selling rate...how long you think the developer can sell this 18k units of houses?? 900 acre of project need at least 15 years to 20 years if market is good...
So...2.1b/20 years = 10.5 mil a year only (subject to market is good)
Posted by calvintaneng > Dec 22, 2015 09:27 PM | Report Abuse
A VERY GOOD EVENING TO ALL INVESTORS OF MPHBCAP
Today is my 3rd Trip to Pengerang Region. As usual all the people I met spoke glowingly of the Real Estate Boom here. 2 Storey Shops were first launched at Rm380K a unit in Desaru area. Today the asking price is Rm1 millions.
30 minutes away from Bandar Penawar to Sg Renggit (about 2km from Seabana Cove) is the New Connecting Highway to Pengerang Region. The road is now being upgraded from a 2 track trunk road to a dual way 4 to 6 lanes New Highway here. After driving 4.5 km along the New Route there is a guard post filtering out other vehicles not permitted to enter Pengerang's Rapid. . From here the internal road leads directly for a stretch of 10 Kilometers of RAPID Projects.
Companies like WCT, Gadang, Technip. Muhibbah Dialogue, TOYO, and others are already here. We saw hundreds of cars parked along the side of the new highway. 5,000 workers are working in one site. Pay here is good. Even the foreign worker who stand at the site to direct traffic gets Rm1,800 a month salary.
WOW! This 10 KILOMETER LONG STRETCH OF SEACOAST LAND OF PENGERANG IS A MASSIVE PROJECT INDEED!
And JUST ACROSS THE ROAD IS MPHBCAPITAL's PRECIOUS 1,800 ACRES VERY VERY PRIME LANDS.
Originally MPHBCAP Has 4,600 ACRES LAND HERE. The JOHOR GOVT TOOK 2,800 Acres from MPHBCAP And Gave a 90 cents psf compensation. Then resold to PETRONAS At Rm8.00 psf. for RAPID PROJECTS. MphbCap's Book Value for these lands are only 82 cents psf (Lands around here command a price anywhere between Rm30 psf to Rm100 psf now. So there is deep value in Mphbcap.
MPHBCAP STILL HAS 1,800 ACRES PRIME LANDS (About 1,000 ACRES ARE FREEHOLD & 800 ACRES ARE LEASEHOLD) Over Here FREEHOLD LANDS ARE RARE (Most Lands Here Are Either Leasehold or Malay Reserved Lands)
So MPHBCAP IS SITTING ON A GOLD MINE
Question now Is.
What Is THE FUTURE OF THESE PRIME LANDS BELONGING TO MPHBCAP?
Estimating that Only 50% of the Lands Could be Used For Residential Purposes As They are located near a distance hill slope (Those Directly Fronting RAPID Right Across the Highway would not be suitable for residential houses as they might be affected by pollution)
Let's see
1,800 acres divided by 2 = 900 acres.
Supposing that MPHBCAP build double storey houses at 22x70' size = 1,540 sq ft land per house.
And 9,000 acres = 900 x 43,5000 sf ft = 39,150,000 sq ft land
Now divide by 1,540 = 25,422 houses.
Estimating the cost of a 2 storey house here at Rm600,000 per unit (Minus Rm200K for cost of construction & infrar work). There is a possible profit of Rm400,000 per house.
So 25,422 x 400,000 = Rm10.168 Billions Projected profit if Only 50% of MphbCap Lands are developed into houses.
A Whopping Rm10 Billions Possible Windfall for MPHBCap Due to
2.1b and 10b is different alot loh mr calvintaneng...next time i must discount 80% of what u are talking because u always cakap besar and mark up the numbers...sorry ya but this is your trademark
Icon8888 and the rest asking why i hates u so much...this is the answer la coz i dont like u misleading ppl with mark up figure that lots of newbie follow u blindly and end up losing money
Why I said developer only can built 20 houses max for dsth 22x70 for one acre land?
Its because they hv to reserve around 40% of land for 1)access road will taken up alot 2)drain 3)playground 4)guard house if gated or G&G concept 5)school: for 900 acre project we must at least hv 10 schoolm Imangine how much the land will allocate to built the school 6)Petrol station: Normally developer will sell the land to the petrol station owner 7)Club house 8)Landscaping for go green concept 9)High tension (not sure about the spelling) Etc etc
So, the calculation by Calvintaneng is totally wrong
Malaysia Boleh...oops....Singapore Boleh....25K of houses with no access road.....lol! Indah Water treatment plant located at where....in the sea I guess....lol!
calvintaneng ah, no doubt land cost is only 85 cent/ft previously but do you know that to convert those 1,800 acre of agriculture land to commercial/residential use, developer need to pay for the premium of 15-20% on land market value?? Without the land convertion, how can built the house??...haha...pls check properly before you write to mislead ppl...
And you are talking about the land with sloop (I dunno how to spell), do you think all 1,800 acre land can use to built house? I believe part of the land is restricted to built the houses...pls go to find out la calvintaneng ko ko.
You biggest mistake is the profit margin of 400k or 65%...this is too wrong liao...hahaha...if u built condo maybe can get 30-40% profit margin...but u built landed dsth?? Max 20% nowadays
Zaman dinasour maybe u can la built one house earn one house...now is 2016 liao calvin master
I help u re calculate and calculate again again and again...max total profit around 3.5b only...you mark up to 10b? Really hebat and cakap besar king lo
Yes since Koonbee3 has highlighted the conversion cost (about 10% to 15%)of MphbCap's lands at 82 cents let Calvin bring in the past acquisition of MphbCap's Original 4,600 Acres Lands.
Total Land Mass was 4,600 Acres
Of these The Johore Govt has annexed 2,800 Acres for RAPID Projects. MphbCap still have 1,800 Acres Very Prime Green Field Lands.
The Compensation was 90 cents (about 8 cents more than Mphbcap book value of 82 cents).
The Johor Govt then resold the same land to Petronas at Rm8 psf for a gain of almost 9,000% at the change of hands.
Two things you must now consider:
1) How much do you think Johor Govt will charge MphbCap to convert those lands? If they value it at only 90 cents then the conversion rate is only 9 cents to 13.5 cents psf.
What if they value it at Rm50 psf?
Then why Johor Govt only give a compensation of 90 cents psf only?
Ad why did Johor Govt resold the same lands for Rm8.00 psf to Petronas?
2) Right now MphbCap is suing Johor Govt for higher compensation as the sale of 9,000% profit was not disclosed to MphbCap.
The case is ongoing.
In any case it will be a Win-Win Situation for Petronas & MphbCap as Pengerang's RAPID will be a Very Dynamic Region Going Forward.
Calvin ah Calvin...you really dunno malaysia la...land authority in malaysia is under state gomen la and if the state gomen want to take your land with any price, you have no right to say anything, all u can do is to accept it in whatever...aiyoh...i wonder u know of this...
And the convertion of land will be based on CURRENT market value to calculate for the premium lo...mean 15% or 20% on RM50/ft lo if the MV now is RM50...u jangan la apa pun mau tembak, boleh tak?
1,800 acre is not small like your reban u know kah calvin? It is a very huge land and the time flame to fully sell (before u can sell u need apply APDL, pay land premium for convertion, sub divided the master title to individual title or strata title, find end financing and engage with bank etc...all these need at least 1-2 years before u can start selling for one project)...1,800 acre project at least need 15 years la...so...3.5bil/15 years only around 22 mil a year...22 mil profit/number of share....EPS berapa kah??
Calvin...u can answer me or not? U jangan la sendiri tampar sendiri punya mulut by giving wrong infomation to the investor? Those ppl that trust u might mislead by u, u know?
One more thing I want to add here if Mr Surin or any MphbCap Big Boss are reading:
I think MphbCap should not sue Johor State Govt.
Why?
It was a willing buyer and willing seller basis then even though MphbCap did not know Johor Govt will resell to Petronas for a much higher price.
With the sale of MphbCap 2,800 Acres Company still has 1,800 Acres left.
And Johor Govt With Petronas Is Now Building a Brand New Connecting Highway Right Across Pengerang Region - The Cost of this 4 to 6 Lanes Wide Highway did not cost MphbCap a cent. It adds Tremendous Value to MphbCap Assets: From 82 cents psf to Over Rm50 psf now and still going higher and higher.
Not only that: The Old Road From Bandar Penawar is also being Upgraded from a 2 lane trunk road to a New 4 - 6 Lanes Super Highway Right Now. I have taken many photos all along the way.
This Brand New Free Way Will Cut Short the Travel Time From Johor to Pengerang's RAPID. Thus adding even more value to MphbCap's Lands.
If ok la total 25,000 unit dsth to be built in 15 years...one year need to sell 1,700 unit or 1 month need to sell 150 unit of houses loh..u think nowaday so easy to sell meh? These are houses rm600k each not roti canai u tau tak? Even ecoworld, SP Setia, Ijm and Mahsing also cant sell so many houses nowadays
I am busy calculating my future profits from MphbCap. I almost forgot about you. Last time Tebrau Teguh was only 10 cents went nobody wanted. Then it crossed Rm1.00 one day.
I bought KSL when it was Rm1.20, Daiman when it was Rm1.40 & Tn Logis around Rm1.50. Later TN Logis shot up to Rm6.00 and split.
I am a long term Value Investor. I dislike goreng shares of the passing moment. To me MphbCap is a Stock With Very Deep Value - As Deep as The Sea off Pengerang Coast - Where The World's Largest Oil SUPER Tankers Can Dock Some Day.
As of now things are still in progress. I will buy when things are still dirt cheap.
Last time Dr Neoh recommended Pohuat at 40 cents & Latitude at 90 cents. Today people still chasing Pohuat over Rm3.80 (before split} & Latitude over Rm7.00
The Edgedaily Has Listed Evergreen as one of Top Performing Counters in KLSE this year. Up From 50 cents to over Rm2.30
Do you know that Great Sifu Dr Neoh Soon Kean is Top 30 Shareholders of Evergreen? Go check Neoh Choo Ee & Co. Dr Neoh bought when others were not buying. So I follow Great Sifu Example to Buy Undervalue Stock like MphbCap and Hold them till Great Future "Experts" will come out to recommend MphbCap like They recommend Latitude today.
Calvin oh calvin...dont always repeat your success story that do not hv any proof...now we discuss on mphbcap that 1800 acre land and the estimated profit for the 1800 acre if they develop...dont relate to other things boleh tak...pls make it clear to benefit all the i3 member
All beware of calvintaneng, he dont even know how to gv a correct of calculation, all his analysis just base on his feeling and kuat goreng without the real facts and figure. Dont fall into his trap
That is the reason he will give call buy on 20-30 stock in his article and for sure 1-2 stock will go up among these 20-30 and he will come out to claim his credit and hoo haa on this 1-2 stock...and he will keep silent and ignore about the rest which drop 50% -70% like bjcorp, mulpha, mui etc etc...i know him very well because i am watching at him a few years.
A VERY GOOD MORNING FROM CALVIN TAN IN BOOMING ISKANDAR
On 20th September 2013 just over 2 years ago the first stock I promoted was PM CORP at 15 cents.
I called for a Strong Buy on Pm Corp for these reasons
1) Pm Corp is selling at 15 cents with 40 cents NTA - Margin of safety.
2) It has a net cash position of 18 cents. S
3) I also mentioned Company discussed about a Cash Payout.
Since then critics like MrTigerShark, Anbz, Sang-Jero, HJey, Mikekong55, Cherrytomato, JCool & others came out to attack me saying there is no Cash Payout and I am out to con people.
Finally the truth is out! Pm Corp has declared an 8 cents Cash Payout! All these nay saying critics also disappeared from i3 Forum after they have walked into land mine shares like Patimas & others.
Those who followed Calvin to buy PM Corp at 15 cents will now get a Nice Cash Windfall of Rm80 per share in Pm Corp.
So don't be swayed by naysayers of today when Calvin spotted this hidden gem of MphbCapital.
I look forward to the day when MphbCap double up in price. Hope to see you guys around then to have a Nice Celebration of the Windfall.
Calvin wishes all at i3 Investors' Forum
"A MERRY CHRISTMAS & A VERY PROSPEROUS COMING NEW YEAR OF 2016"
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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
56,685 posts
Posted by calvintaneng > 2015-12-22 04:03 | Report Abuse
mphbcap
MIGHTY
POWER
HAPPY
BANKING
CAPITAL
ANOTHER BENEFICIARY OF LOW OIL PRICES.
ANOTHER POTIENTIAL STOCK TO POWER UP
100% ? 200%? 0R 300% 1,800 ACRES OF LANDS WORTH THEIR VALUE IN GOLD. YES LANDS MORE VALUABLE THE THOSE OF GOLD COAST IN SYDNEY.
WAIT FOR COMPLETE NEW REVELATION BY CALVIN TAN RESEARCH