Posted by chabalang > 2016-03-08 22:39 | Report Abuse

While MPHBCap is deeply undervalued at current price of RM1.40, the big question/catalyst is when it can distribute its cashpile via dividend to its s/hs. It is still awaiting for BNM approval.

See http://klse.i3investor.com/servlets/ptres/34543.jsp

Posted by rsb8 > 2016-03-09 20:14 | Report Abuse

Write a comment..Calvin will.only be back when the share price rises significantly telling everybody they should have bought on his advice wait long enough it will happen credit for it all otherwise will.be quite.

Posted by calvintaneng > 2016-03-09 20:19 | Report Abuse

rsb8,

Calvin is still looking to add more mphbcap on weakness. Insiders just added some more at Rm1.40 to Rm1.42 mphbcap shares.

But For Now I am Very Bullish on JTIASA.

El Nino has propelled Palm Oil prices to Rm2,550 from Rm2,200.

SO YOU ALL MUST NOT MISS JTIASA

Regards,
Calvin

Posted by leslieroycarter > 2016-03-14 16:59 | Report Abuse

all the hu ha has gone without trace!

Posted by William > 2016-03-14 22:16 | Report Abuse

normal la.... if start moving all will come back... lol

Posted by William > 2016-03-14 22:17 | Report Abuse

btw recently gt any news? the price go up and down

Posted by market_trader > 2016-03-15 14:45 | Report Abuse

buy...

Posted by rsb8 > 2016-03-15 18:04 | Report Abuse

Buy without and concern way undervalued counter only a matter of time Holding power is paramount here.

Posted by kakashit > 2016-03-16 11:13 | Report Abuse

mwe vs mphb, which one better?

Posted by market_trader > 2016-03-19 11:07 | Report Abuse

undervalue stock... holding power is key .... higher return coming

Posted by Activetrader > 2016-03-21 10:47 | Report Abuse

so excited about this counter!!

Posted by 10bagger10 > 2016-03-21 12:18 | Report Abuse

Why u so excired?

Posted by Activetrader > 2016-03-21 23:37 | Report Abuse

because this is a good counter selling at cheap price now

Posted by 10bagger10 > 2016-03-22 18:27 | Report Abuse

Earning so so only.. what interesting? I already buy some though

Posted by 10bagger10 > 2016-03-25 12:08 | Report Abuse

I buy when stock is not interesting..

Posted by 6182al > 2016-04-07 13:15 | Report Abuse

mphb waiting for time to go up up up and up like kanger just wait

Posted by imoogi99 > 2016-04-07 14:18 | Report Abuse

For the time being, this dragon is hibernating. Once awake, it will be a different story.

Posted by AndK > 2016-04-10 20:49 | Report Abuse

I think this share is a gem which yet to discover by ppl. Jz be patient..

Posted by market_trader > 2016-04-21 16:19 | Report Abuse

market up... it static and down.... market down... it down further...

Posted by 6182al > 2016-04-28 11:29 | Report Abuse

the gaint is still sleeping away

Posted by rsb8 > 2016-05-26 16:56 | Report Abuse

Anybody know when the 1st quarter earnings will be out hoping for a decent one not sure at tge moment with the share price.

Posted by market_trader > 2016-05-27 11:19 | Report Abuse

this stock is really really passive...

Posted by 6182al > 2016-06-20 14:07 | Report Abuse

MPHB have reach it fourth time LOW in its history. 1st time --- 28/08/2013 ----- RM 1.30, 2nd time -- 25/08/2015 ----RM 1.30, 3rd time ---- 02/09/2015 ---- RM 1.29 and lastly (recently) 4rd time ---17/06/2016 RM 1.32 and WHAT WILL FOLLOWS AFTER ??????

Posted by 6182al > 2016-06-20 14:20 | Report Abuse

Mr CalvinTan any comment please correct me if my info are wrong. Thanks

Posted by 6182al > 2016-06-27 12:18 | Report Abuse

MPHB lowest RM 1.31 will it drop any lower Mr Calvin

Posted by Markus Lee > 2016-07-14 16:47 | Report Abuse

Originally wanted to invest in this company. I believe soon Generali Asia will exercise the call option to buy the remaining 21% of their insurance. It was part of the contract when they close the deal 2 years ago.

However what bothers me about MPHB is how they revalued their properties.
Came across this old article about MPHB
https://sg.finance.yahoo.com/news/mphb-capital-berhad-forced-divest-080000166.html
Go to the paragraph "1. What method did the property valuers use that resulted in such massive increases? "

Other concern is the loans in default which incurred by their subsidiary moneylending business.

Maybe you guys can give your opinions and help to address my concern before I invest in this company?

Posted by repusez > 2016-08-10 20:28 | Report Abuse

is this current surge due to the lawsuits?

Posted by loyalok > 2016-08-27 06:45 | Report Abuse

no dividend is given

Posted by Jay > 2016-09-15 13:38 | Report Abuse

just stating some of my observations.

1. Earnings very low so PE wise is not cheap. Management fails to deliver earnings and create value.
2. No dividend so net cash is irrelevant. dividends sometimes is not just about capability to pay, but also speak of the management's willingness to share with the shareholders. For MPHB, seems like both are lacking as they couldn't get BNM approval so far
3. Net assets is the contentious part. Latest NA per share is RM2.23 which means at current price is about 0.6x P/B, which could be consider fair given their low ROE and earnings. I know there are a lot of debates above that argued whether is the NA above RM9+.

In the AR 2015 (published April 2016):

Book value vs estimated fair value
Land and buildings: 74m vs 177m
Investment properties: 832m vs 1311m

The above estimated fair value is by accredited valuers using comparison method of valuation and it's published in AR so I would think it's much more reliable than any outsiders' wild guess.

So revaluation surplus would be RM582m (excluding any deferred tax) or 81c per share. Add this to RM2.23 you will get a revised estimated NA of RM3.04.

Now you can decide whether it's undervalued or not.

For me, it's undervalued from asset point of view but the questions remain when will it realise its value and how much can it realise. And since it doesn't pay dividend, returns would be 0 in the meantime and it won't reduce your average cost.

btw 21 Sept 2016 is the hearing date for their lawsuit against Johor govt. It's already federal court so if they lose again then it's over

Posted by Mr Lim > 2016-11-03 09:33 | Report Abuse

hi, can anyone update this share status? It don't declare dividend and going down trend. Thanks

Posted by INV3ST0R > 2016-11-24 11:09 | Report Abuse

this stock is rubbish... lots of assets but shareholders get burned anyway...

Posted by baiyuensheng > 2016-11-28 16:43 | Report Abuse

any updates on the court hearings?

Posted by Alankoo Sk > 2016-11-28 22:21 | Report Abuse

hi Jay any result from the 21 sept court hearing? hopefully the company assets is real one.

Posted by member41 > 2016-11-30 08:46 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5275417

Posted by dompeilee > 2016-12-02 15:06 | Report Abuse

Bought some @ 1.22 this morning. Just unbelievably cheap!

Posted by member41 > 2016-12-21 18:33 | Report Abuse

Heading to $1...

Posted by stainlyho37 > 2016-12-30 11:53 | Report Abuse

start accumulating...u may see sudden buy in later...

Posted by dompeilee > 2017-02-03 10:51 | Report Abuse

Heading higher again :D

Posted by dompeilee > 2017-02-07 16:37 | Report Abuse

WoooOOOHooooOOO!!! :D

Posted by cheoky > 2017-02-08 09:32 | Report Abuse

this is good. quote calvin, those who buy low need not fear

Posted by dompeilee > 2017-02-10 10:00 | Report Abuse

goooooGOOOOOOOOOOgooooOOOOOO!!!

Posted by member41 > 2017-02-10 10:32 | Report Abuse

dompeilee huat ah.

Posted by member41 > 2017-02-10 10:33 | Report Abuse

Go back $2 please. Gogogo

Posted by repusez > 2017-02-10 10:52 | Report Abuse

why is it surging this few days?

Posted by hkhk > 2017-02-11 13:06 | Report Abuse

any news?

Posted by ywong888 > 2017-02-13 09:41 | Report Abuse

hope the positive news come into this potential GEM. Brovo 2017 MPHB Cap to reward back to Shareholders

Posted by Amit Khindriya > 2017-02-21 00:36 | Report Abuse

Kanasai

Posted by Harold Huong > 2017-02-24 19:35 | Report Abuse

Result out liao....

Posted by kakashit > 2017-02-28 09:13 | Report Abuse

good

Posted by ilovepipi > 2017-03-07 11:05 | Report Abuse

Wat is the target price folks, holding at high side :(