Posted by xuxu > 2021-06-22 15:19 | Report Abuse

be patient, now is the ikan bilis selling and big boy buying

Posted by winefficietly > 2021-06-22 15:31 | Report Abuse

With the submission for Bank Negara Approval on the disposal on the disposal of NPI Generali to Generali Asia NV on 51% stake, the prospect book in profit will be considered huge in near term. This also will unlock the intrinsic value of the Group which is similar to MMC corp but at a bigger scale if take into account of properties and / or investment of the group. This is well above the investment guru can imagine in term of prospect return in near term

Posted by AlfI3 > 2021-06-22 15:43 | Report Abuse

@wallstreettrookie May I know how this counter related to Affin Hwang? The bought over this company or vis versa?

Posted by aliyusof > 2021-06-22 17:07 | Report Abuse

Very good MPHB announcement. Hope Johnzhang or other sifu can comment or advise what next for us still holding on its shares. TQVM

Posted by Endgame > 2021-06-22 17:23 | Report Abuse

Buy on rumours sell on fact

Posted by Johnzhang > 2021-06-22 17:26 | Report Abuse

Congratulations to those who managed to pick up some at low price yesterday. Hold tight to what you owned. I think more excitement is coming in 3 stages over next 3 - 6 months. Don't be frightened by the mild profit taking by the weak holders which is normal to happen along the way . Don't be taken advantage by ''insider' who are waiting to collect your share. For those who can hold until this ''fruit' is ripen will enjoy the sweet reward.

Posted by Goh123 > 2021-06-22 17:44 | Report Abuse

First target rm2.00...

Posted by Goh123 > 2021-06-22 17:45 | Report Abuse

Rm 2.00. Since 2015

Posted by aliyusof > 2021-06-22 17:48 | Report Abuse

John, thanks. Will surely hold it tight.

Posted by Endgame > 2021-06-22 20:50 | Report Abuse

Tomorrow i will sapu and wait for 3

Posted by Opportunate > 2021-06-23 00:11 | Report Abuse

This was the moment we have been waiting for since 2015. Will hold on tight with my holding. Will only consider beyond 2.50 as of now.

Will pen more information after tomorrow as will be busy tomorrow.

I think the approval might involve Affin AXA Insurance holding where Generali plan to buy from AXA.

The combination of Generali MPIB + AXA will be slightly below 70% for the combine company which meet BNM requirement.

Will pen more details later

Posted by Opportunate > 2021-06-23 00:15 | Report Abuse

https://www.theedgemarkets.com/article/frances-axa-sell-malaysia-insurance-businesses-generali

Posted by Opportunate > 2021-06-23 00:15 | Report Abuse

Just saw the link above. All info in the link.

Posted by AlfI3 > 2021-06-23 06:42 | Report Abuse

Ony hav d total sum for d deal, but no hav the unit purchase prc for d shares. Anyone hav d idea?

Posted by Solomon7 > 2021-06-23 08:03 | Report Abuse

https://www.malaymail.com/amp/news/money/2021/06/22/frances-axa-to-sell-malaysia-insurance-businesses-to-generali/1984106

Posted by xuxu > 2021-06-23 09:51 | Report Abuse

red candle again...

Posted by Bgt 9963 > 2021-06-23 09:52 |

Post removed.Why?

Posted by Endgame > 2021-06-23 10:36 | Report Abuse

Sell on fact, buy on rumours

Posted by xuxu > 2021-06-23 11:44 | Report Abuse

1.7 all wanna buy, now don't want to.

Posted by Goh123 > 2021-06-23 12:13 | Report Abuse

Flash out trader. Happy hahaha

Posted by chkhooju > 2021-06-23 12:15 | Report Abuse

Bought some at 1.63.

Posted by xuxu > 2021-06-23 12:21 | Report Abuse

many bought 1.65-1.7

Posted by xuxu > 2021-06-23 12:26 | Report Abuse

all so weak hehe

Posted by Endgame > 2021-06-23 15:00 | Report Abuse

Not small hand, big hand is taking profit

Posted by chkhooju > 2021-06-23 15:18 | Report Abuse

What say you, Johnzhang? Still can buy? Please comment.

Posted by xuxu > 2021-06-23 15:41 | Report Abuse

harga naik baru kommen, skrg sunyinya

Posted by xuxu > 2021-06-23 15:47 | Report Abuse

For me, the price can maintain at 1.5 level is good, if drop below 1.52 no good already. The selling maybe the goreng kaki bought in hurry yesterday.

Posted by xuxu > 2021-06-23 15:49 | Report Abuse

I bought 1.62, 1.64 and 1.55

Posted by Johnzhang > 2021-06-23 15:54 | Report Abuse

@chkhooju, if you buy and hold for at least 6 months it is still value buy. Buy the dips . To trade for overnight profit subject to short term volatility and your timing. This has been my stand all along . By tomorrow, I will be happy to tell you why the value in this stock is indeed very deep.

Posted by Johnzhang > 2021-06-23 16:08 | Report Abuse

@xuxu, may be you should sell all now and invest in other counter that yourself is absolutely convinced.. Nobody is guaranteeing you profit in this share . Just a friendly comment . No offense please. Hehe

Posted by xuxu > 2021-06-23 16:17 | Report Abuse

Mr John, hehe why suggest me to sell ? I have studied then I bought, I m not hold for short term. My cut loss point already set. Why sell ? hehe

Posted by chkhooju > 2021-06-23 16:23 | Report Abuse

Thanks, John.

Posted by Johnzhang > 2021-06-23 17:36 | Report Abuse

@Xuxu,. Sorry that I mis-read you . From your posts , it gave me the impression that your investment decision is very much guided by TA or Charts. We all know that TA/charts can turn very quickly by manipulator or sharks to misled you especially for rather illiquid and low free float stock like MPHB cap. Whereas, manipulator or sharks can not change the fundamentals of the company. Happy investing..

Posted by Goh123 > 2021-06-23 19:00 | Report Abuse

Another announced from bnm i think need two months

Posted by Goh123 > 2021-06-23 20:44 | Report Abuse

Noted@youwin..

Posted by Johnzhang > 2021-06-24 06:49 | Report Abuse

The share price has yet to fully price in the insurance sales at this stage. Some investors may still be skeptical about the authority's finally approving the sales.
My view is it will get thru this time . The government is very 'hungry' for arresting the declining FDI especially amid current stressful state of economy of Malaysia. The timing and the whole package jointly put in place by Generali, AXA, Affin.and MPHB are very good.
You can read in the news how proud is our PM highlighting the stake sales of Sunway healthcare to GIC Spore FDI and foreign confidence in our economy.

Posted by Johnzhang > 2021-06-24 07:01 | Report Abuse

I remember the last sales of 49% to Generali was approved by BNM about 2-3 months after submission. I suspect the authority would not drag it longer this time as Malaysia and the PN government in dire need to shore up FDI and foreign capital inflow (so that PM, FM and Trade Ministers can boost about FDI and foreign investor's confidence) Hahaha..,
Just my view for sharing.

Posted by Endgame > 2021-06-24 08:32 | Report Abuse

You guessing is correct

Posted by Goh123 > 2021-06-24 08:33 | Report Abuse

OTHERS | https://www.klsescreener.com/v2/announcements/view/3236241

Posted by Bgt 9963 > 2021-06-24 08:34 |

Post removed.Why?

Posted by Goh123 > 2021-06-24 08:35 | Report Abuse

Why need to take 6 month gor approval? Last year already no objection ma?

Posted by Endgame > 2021-06-24 09:20 | Report Abuse

Look like Market need time to digest 1.4 to 1.5 buyer, they are selling for profit now.

Posted by Bgt 9963 > 2021-06-24 09:24 |

Post removed.Why?

Posted by Johnzhang > 2021-06-24 10:32 | Report Abuse

I promise @chkhooju yesterday to share more insights into this deep value stock. I shall break it into 3 or 4 parts covering valuation, shareholding structure, Management's attitude and Corporate excercise possibilities. I must reiterate again that my objective is purely to disseminate what I know and what I think and to promote healthy exchanges of information for the benefit of minority shareholders.
You are totally responsible for how you will make use of these information.

Posted by Johnzhang > 2021-06-24 11:01 | Report Abuse

Part 1 : Valuation
(1). My take for the valuation of the ongoing 51% sales of the insurance unit is about $550 mil .
(2) $550 mil price tag is based on the 100% valuation for MPI of $735 mil established when the 49% was sold to Generali in 2015. The 49% sold in 2015 was for $360mil (based on 2.45x book value as at 31/12/2013) which I presumed is the basis for the remaining 51% = $375 mil,
(3). We have to add MPHB's portion of NPAT retained in MPI Generali (the JV) from 2015 to 2020 amounting to $175 mil.
(4). Hence total price tag is $375 +175 = $550 mil. (2) + (3).
(5) The total cost of investment in the insurance unit (100%)in the book was $47.1 mil . This was reported in the EGM circular in 2015.
The proportionate cost carrying in the book for 51% is 51%x $47.1 mil = $24 mil.
(6) Nett gain after disposal shall be 550-24 = $526 mil or 74 sen per MPHB share.
(7) NA of the company will increase from $2.60 to $3.34 (2.60+0.74). upon completion of the disposal.
……Part 1 to be continued…

Posted by Endgame > 2021-06-24 11:20 | Report Abuse

Buy on rumours sell on fact is always right

Posted by chkhooju > 2021-06-24 11:22 | Report Abuse

Noted. Thanks, John.

Posted by aliyusof > 2021-06-24 11:28 | Report Abuse

Well analysed, tqvm, John. Look forwards to your part 2 n 3.

Posted by Johnzhang > 2021-06-24 11:52 | Report Abuse

Part 1 continuation..
(8) of the projected NA of $3.34 (point 7), $1.80 to $2.00 shall be in cash + securities investment (liquid asset).
(9) projected NA does not considered the realisable market value of all properties which are at extremely low book value now .
Potential RNAV of $7 per share is not a fallacy .

Posted by waterbro > 2021-06-24 11:54 | Report Abuse

well say bro