Posted by thesteward > 2021-06-10 18:28 | Report Abuse

Congrats ipohwhitecoffee

Posted by Johnzhang > 2021-06-10 19:22 | Report Abuse

@speakup, I agree with you that KSeng is undervalued at today's price. However, there is no sign of any corporate activity from the company at the moment. However, for MPHB the ongoing monetization of assets, expected special dividend and eventually privatisation are some exciting development that may possibly take place within this year . It's just how the market read it

Posted by AllanTingAS > 2021-06-10 21:16 | Report Abuse

Today sold another half and made some profit also to keep some bullets. I am not too greed investor.

Posted by BursaMaster121212 > 2021-06-11 11:38 | Report Abuse

could it be privatization? heard the offer price is ard 2.20

Posted by HuatAh8809 > 2021-06-11 12:09 | Report Abuse

What I heard is because BNM approved the
insurance disposal already, going to announce shortly, probably will suspend at anytime..

Likely to limit up very soon and

Posted by Endgame > 2021-06-11 12:26 | Report Abuse

One day show only

Posted by Solomon7 > 2021-06-11 13:48 | Report Abuse

Will see EOD

Posted by HuatAh8809 > 2021-06-11 13:59 | Report Abuse

Wait for announcement..

Posted by BursaMaster121212 > 2021-06-11 15:04 | Report Abuse

i will advise u to buy as much as possible now, before u regret...

Posted by Goh123 > 2021-06-11 15:27 | Report Abuse

One day show

Posted by Johnzhang > 2021-06-11 15:42 | Report Abuse

It is wishful thinking to expect consecutive price up even after 20% surge yesterday.. Good to be more realistic .

Posted by Endgame > 2021-06-11 15:48 | Report Abuse

I just release last batch 0.70 cost at 1.60 this morning, bye bye, good enough for me

Posted by Goh123 > 2021-06-11 17:23 | Report Abuse

Good closing

Posted by Goh123 > 2021-06-11 17:23 | Report Abuse

@endgame. Big winner

Posted by ipohwhitecoffee > 2021-06-11 17:24 | Report Abuse

Keep calm and steady. Selling force today well-absorbed.
Enjoy weekend more important.

Posted by Goh123 > 2021-06-11 18:05 | Report Abuse

Happy holidays

Posted by dompeilee > 2021-06-11 18:17 | Report Abuse

Even if I sell,will never sell ALL...Paragon,Cheetah,CIHlgs, LKL,AHB,Huaan reminds me...coz nobody knows where the ultimate HI is.

Posted by Solomon7 > 2021-06-12 18:38 | Report Abuse

Huatah8809, any news next week?

Posted by Goh123 > 2021-06-12 20:32 | Report Abuse

Boh boi boh liao

Posted by Johnzhang > 2021-06-12 23:25 | Report Abuse

@ipohwhitecoffee, I am actually quite surprised any profit taking was very well absorbed on Friday, especially the price shot up 20% the previous day . Notwithstanding that there may be pullback along the way (which is very normal) I am.convinced thatba lot more price appreciation is on the way . I am anticipating TP of $3.00 when the privitasation kicks in. Its just my view . Do you own assessment.

Posted by Goh123 > 2021-06-12 23:31 | Report Abuse

Privitasation before sell insurance company...

Posted by Johnzhang > 2021-06-13 07:57 | Report Abuse

@Goh123, it won’t go down well to most investors . Investors expect to be rewarded handsomely from over $1bil cash pile after the insurance sales . I will start a movement with many other minorities to block the privatization if the controlling shareholder is thinking of privatizing before compensating us with handsome special dividend first . Shareholders have not received a single sen since listing 7-8 years ago, reason is BNM is the hurdle.
In fact , I am not surprised if a hostile takeover attempt is in the making . You know what I meant if you look into the balance sheet of the company and if you study in details the potential value of all the lands and properties in Penang, Selangor, kL and Pengarang. The list of properties is available in the annual report..
The day controlling shareholders taking minorities for a ride is over.

Posted by Goh123 > 2021-06-13 10:19 | Report Abuse

Hope can block them privatisation before sell insurance company

Posted by AlfI3 > 2021-06-13 16:38 | Report Abuse

To block d majority take over, v need a sizeable % & strong holding pwr. For instant, nobody can block ijm to sell its plantation arm to KLK as d Corperate acquisition move.... My humble penny view....

Posted by Johnzhang > 2021-06-13 17:15 | Report Abuse

@ AlfI3, if the offer from KLK to IJM is UNFAIR I am sure shareholders of IJM will definitely block the deal.
Also, KLK is buying 56% stake in IJMPLANT from one single shareholder called IJM . Corp It is a 56% onwership change hand, not a privatisation exercise yet.
The privatisation of IJMPLANT will come later . We will see if minorities shareholders of ijmplant will be happy with the offer at $3.10 + 10 sen dividend. The offer work out to be 2 times book value which is in fact quite fair.
In the case of MPHB, if the controlling shareholders also offer 2x book value or even 1.5 times book value nobody will block the deal.
If you understand the privatisation rules , you will know that minorities has the say in the end of the day .
Don't you know a few unfair privatisation fail recently??
FGV, CCB , MAA , Canone. etc because minority block the unfair deal .
As minorities, very important to know your rights . Don't be taken for a ride so easily.
Hope that enlighten you .

Posted by HuatAh8809 > 2021-06-13 18:37 | Report Abuse

That is why I heard the offer price be sure more than RM2 to entice small minorities

Could be as high as 2.70..

Another 80% upside..

I need to make disclaimer here..

I seel house to all in already

Posted by HuatAh8809 > 2021-06-14 10:21 | Report Abuse

Last chance, going to announce very shortly..May suspend at anytime

U don't get it now, sure regret

Posted by ipohwhitecoffee > 2021-06-14 10:25 | Report Abuse

keep calm, keep invested, keep steady.

Posted by ipohwhitecoffee > 2021-06-14 10:42 | Report Abuse

1.70 Touched.

That's 52 Weeks High.

Keep calm, keep in faith, keep contented.

Posted by Johnzhang > 2021-06-14 10:43 | Report Abuse

Hold it ! It worth a lot more than $1.71 now trading.

Posted by ipohwhitecoffee > 2021-06-14 10:47 | Report Abuse

Yes closed trading platform.
Zen and enjoy a cup of coffee.
Stay confident with the gem inside our portfolio.

Posted by dompeilee > 2021-06-14 10:49 | Report Abuse

WhoppeeeeeEEEE!=)

Posted by dompeilee > 2021-06-14 10:52 | Report Abuse

Really takziah 2 Endgame who sold@1.60

Posted by HuatAh8809 > 2021-06-14 11:45 | Report Abuse

Still cheap..Easily worth more than RM2

Posted by Johnzhang > 2021-06-14 12:54 | Report Abuse

@dompeilee,. For those who sold at $1.60 or below it is not the end of the game yet. I think price of $1.75 now is still very very cheap . You will know what I mean if you look at its BS and the list of properties/assets in the latest annual report.

Posted by Johnzhang > 2021-06-14 12:59 | Report Abuse

@HuatAh8809, myself and my group of friends won't give in if the controlling shareholder's try to privatized below $3.00. We won't let controlling shareholder to take minorities for a ride anymore.

Posted by Goh123 > 2021-06-14 13:17 | Report Abuse

@johnzhang. U r top 30 ？

Posted by Endgame > 2021-06-14 13:26 | Report Abuse

Tp 10

Posted by Goh123 > 2021-06-14 13:26 | Report Abuse

Wow

Posted by Johnzhang > 2021-06-14 13:32 | Report Abuse

@ Endgame , TP 10? You can dream about it . Hahaha

Posted by ipohwhitecoffee > 2021-06-14 13:42 | Report Abuse

Brother Johnzhang;
If you study carefully Annual report of both MPHB & MNRB;

You will realized that both having 2 common top 30 shareholders:

1. Mr Chong Yiew On (Behn Meyer Malaysia)
2. LIM PEI TIAM @ LIAM AHAT KIAT (Pohuat, Latitud, MNRB)

I think both of them are sophisticated super-investors. Follow smart money.

Posted by Surewin88899 > 2021-06-14 14:22 | Report Abuse

ok, later market open, i will go sapu....

Posted by Johnzhang > 2021-06-14 14:27 | Report Abuse

@ipohwhitecoffee,. Do you know them ? If you do , pls introduce them to me so that we can strengthen our bargaining position in the event of unfair privatisation.

Posted by dompeilee > 2021-06-14 15:29 | Report Abuse

lim pei tiam...horlan in inchken don't simply follow.....

Posted by ipohwhitecoffee > 2021-06-14 15:42 | Report Abuse

Wah I don't know about that thou. OK noted I don't follow then. Myself stay cool and stay invested.

Posted by dompeilee > 2021-06-14 15:45 | Report Abuse

Many ppl stuck in MPHBCap since listing... still waiting 2 see daylight... same like many MMC holders who bought in 2009-2018

Posted by ipohwhitecoffee > 2021-06-14 15:48 | Report Abuse

Thanks for the insights @dompeilee. Your experiences and kind sharing in investment added value to us here. Appreciate that.

Posted by dompeilee > 2021-06-14 15:48 | Report Abuse

In fact all-time HI= $2.74 in 1st wk Sept 2014.

Posted by Johnzhang > 2021-06-14 16:06 | Report Abuse

@dompeilee, you are right , it reached $2.70 in 2014. If you compare the balance sheet of 2014 and balance sheet of 2020, you will see the vast difference. The company has huge cash pile and liquid investment securities now . The impending sales of 51% insurance will boost the cash pile by further $350 mil ! Moreover all the land can fetch much higher price now compare to 2014.
I just wonder if there are some existing substantial shareholders work together with deep pocket investors ( other than present the No 1 biggest shareholder ) interested to try a hostile takeover of MPHB ?

Posted by HuatAh8809 > 2021-06-14 16:28 | Report Abuse

Likely first take over offer price is at 2.7

Test water first

At current price, still got huge upside..