Posted by Goh123 > 2021-10-20 13:36 | Report Abuse

so. ? sell?

Posted by Goh123 > 2021-10-25 21:07 | Report Abuse

sell more and switch to another

Posted by Goh123 > 2021-10-25 21:08 | Report Abuse

bye bye

Posted by TheContrarian > 2021-11-02 17:19 | Report Abuse

Bought at 1.34 today.

Posted by Johnzhang > 2021-11-06 06:55 | Report Abuse

Endgame, pls sell more . I am happy to buy yours too.

Posted by Goh123 > 2021-11-06 15:52 | Report Abuse

omg!!!

Posted by Goh123 > 2021-11-06 15:53 | Report Abuse

@johnzhang. still buy in? caution

Posted by Johnzhang > 2021-11-11 15:09 | Report Abuse

https://newswav.com/A2111_w1cI6O?s=A_iKZcJZz

Posted by Johnzhang > 2021-11-11 15:10 | Report Abuse

KUALA LUMPUR (Nov 11): Transocean Holdings Bhd hit limit up on Thursday morning after billionaire Tan Sri Surin Upatkoon emerged as the second largest shareholder of the company with an 18.43% stake.

The logistics service provider, which was the top gainer, surged 86 sen or 29.76% to RM3.75.

Interesting news on Surin ,though not related to MPHB.

Posted by aliyusof > 2021-11-11 16:30 | Report Abuse

Wait for Surin's midas touch on MPHB soon...

Posted by Johnzhang > 2021-11-11 19:15 | Report Abuse

@aliyusof, Surin’s ‘ more intimate touch’ on MPHB yet to create some spark after so long . The irony is a 18.4% maiden touch on Transocean enough to create euphoria and drove its share price to $3.75 which is a 330% ytd gains. It’s more insulting if you look into Transocean’s financial.
Per 31/6/21 qtr report, Transocean has the following numbers:
Revenue 1H 21. $9.3 m
Profit 1 H 21. $117k
EPS 0.26 sen
NA. $0.81
Accumulated loss $18 m
Shareholders’’ equity $38.3 m
Mkt capitalization based on today’s price $$169 m ( which is 4.4 times of shareholders equity)
I am speechless.
Hope there will be similar euphoria once insurance sales is completed and/or new high impact business announced and/or a generous dividend is announced and/or privatization.

Posted by aliyusof > 2021-11-12 05:46 | Report Abuse

Agreed, John

Posted by Goh123 > 2021-11-13 12:34 | Report Abuse

operator no eoungh share to goreng it..pls sell abit to them

Posted by Goh123 > 2021-11-15 17:59 | Report Abuse

hahahaha

Posted by Endgame > 2021-12-13 20:04 | Report Abuse

When will drop back to 1???

Posted by Goh123 > 2021-12-14 15:20 | Report Abuse

otw

Posted by Goh123 > 2021-12-17 18:14 | Report Abuse

no news hahahaha

Posted by Johnzhang > 2021-12-19 21:40 | Report Abuse

Generali, AXA, Affin Bank and MPHB Capital are working together to obtain the required regulatory approvals. Generali will commence the necessary integration planning to develop an organisation that leverages the skills, experience and expertise of all the staff of the combined business. The expected completion date of the acquisition is in the second quarter of 2022.

Posted by Johnzhang > 2021-12-19 21:48 | Report Abuse

GENERALI SIGNS AGREEMENT IN MALAYSIA TO ACQUIRE MAJORITY STAKE IN AXA AFFIN JOINT VENTURES AND PLANS TO PURCHASE 100% OF MPI GENERALI
22 JUNE 2021 - 07:02

The transactions transform Generali’s activities in Malaysia to become the #2 P&C insurer in the country, in line with its strategy to strengthen its leadership position in high potential markets
Generali to increase its current 49% stake in MPI Generali Insurans Berhad to 100%
Generali to acquire a 70% stake in AXA Affin Life Insurance joint venture (49% from AXA and 21% from Affin) and approximately a 53% stake in AXA Affin General Insurance joint venture (49.99% from AXA and 3% from Affin and minorities)
AXA Affin General Insurance and MPI Generali to be merged following the acquisitions creating one of Malaysia’s leading general insurance operations, with Generali holding a 70% stake

Posted by Johnzhang > 2021-12-20 16:19 | Report Abuse

As announced in Generali ‘s website, the expected completion date of the acquisition is in the second quarter of 2022. The acquisition is deem completed when the share and payment change hand between buyers and sellers. Working backwards, that may means regulators approval can be secured quite soon from now for final due diligence on MPI and Axa-Affin to start . Due diligence normally takes a couple of months.
I guess the final due diligence on MPI should be a lot quicker as Generali is already a 49% shareholder of MPI and have knowledge of the accounts.

Posted by Goh123 > 2021-12-20 18:42 | Report Abuse

mof still dont know approval or no ?

Posted by Johnzhang > 2021-12-20 18:45 | Report Abuse

@Goh123, why you worry ? Afterall you have no more this stock . Hehehe..

Posted by Goh123 > 2021-12-20 19:28 | Report Abuse

i no worry cause nowaday so many cheap stock. to buy.
only balance want to sell and switch another

Posted by Johnzhang > 2021-12-21 13:01 | Report Abuse

@Goh, don’t risk your hard earned money to buy cheap stocks. Better buy undervalued stock . Cheap price doesn’t mean undervalued. Talam at 2.5 sen , AT at 4 sen, saudee at 6 sen etc are very very cheap , but they are probably not undervalued. Mphb cap is truly undervalued.

Posted by Endgame > 2021-12-24 16:10 | Report Abuse

Now is confirmed downtrend already, don't waste your money on downtrend stock, people always confused you as so called undervalued. I will buy it again when it show bargain price at below 1.00...

Posted by chkhooju > 2021-12-24 16:44 | Report Abuse

If it really falls below 1.00, it's wise not to buy. Don't catch the falling knife.

Posted by Johnzhang > 2021-12-25 07:49 | Report Abuse

Endgame can wait until the cows come home.

Posted by chkhooju > 2021-12-25 10:50 | Report Abuse

Precisely.

Posted by Endgame > 2021-12-28 12:12 | Report Abuse

Right here waiting...lol

Posted by Goh123 > 2022-01-02 22:42 | Report Abuse

vol come

Posted by AlfI3 > 2022-02-09 08:01 | Report Abuse

Long way more to reach 2nd qtr of 2022, whilst a lot of unprecedented happenings in geopolitical mkts & d worrying Omicron breakouts elsewhere

Posted by Johnzhang > 2022-02-09 10:54 | Report Abuse

@AlfI3, no worries lah . The geopolitical situation won’t get out of control . Omicron is a blessing in disguise. By 2nd qtr , economic environment and share market sentiment is likely to improve than to go worse . That’s my take.

Posted by Endgame > 2022-02-14 16:25 | Report Abuse

Wah...finally

Posted by Goh123 > 2022-02-16 19:04 | Report Abuse

finally sales ?

Posted by chkhooju > 2022-02-16 19:34 | Report Abuse

Talk cock only.

Posted by Goh123 > 2022-02-18 18:24 | Report Abuse

talk cock only 1

Posted by TheContrarian > 2022-02-18 19:18 | Report Abuse

Eh, what happened?

Posted by Johnzhang > 2022-02-18 19:28 | Report Abuse

@TheContrarian, don’t know what happened lah.
I am spending most of my time posting on plantation forums since many months ago .
In any case , the completion of Insurance disposal is definitely very near. I will just keep my patience for a little longer to see what next .

Posted by TheContrarian > 2022-02-18 19:45 | Report Abuse

@Johnzhang, congratulations on your gains on plantation counters. Hopefully there is good news on MphbCap soon.

Posted by Goh123 > 2022-02-18 20:41 | Report Abuse

2nd quarter. to complete ?

Posted by Goh123 > 2022-02-20 20:02 | Report Abuse

market rumours dividend give

Posted by Endgame > 2022-02-21 10:51 | Report Abuse

Wah...get ready...all in

Posted by TheContrarian > 2022-02-21 12:38 | Report Abuse

What's the rumours?

Posted by Goh123 > 2022-02-21 14:33 | Report Abuse

dividend

Posted by Goh123 > 2022-02-23 18:26 | Report Abuse

power. revenue 11mil but can earn 15mil

Posted by Johnzhang > 2022-02-23 21:14 | Report Abuse

Per financial report as at 31/12/2021, the insurance unit is classified as discontinuing operations..
Consequently, the balance sheet as at 31/12/21 reflects Asset held for sales of $2.906,942,000 and Liability held for sales of $1,741,895,000 . That's totally separating the insurance from the assets and liablities of the remaining business/subsidiaries.

To me the complete insurance disposal is a done deal. Everyone is free to draw your own conclusion at no charge . Hahaha.....

Posted by TheContrarian > 2022-02-23 21:38 | Report Abuse

Question is at what price will the 51% stake be sold?

Posted by Johnzhang > 2022-02-23 21:57 | Report Abuse

the 49% was sold for $356 mil + some $20 mil (?) adjustment too. That was based on 2.45X price to book ratio.

I guess the remaining 51% may be based on the same valuation basis. If it is indeed based on same 2.45X price to book ratio, the 51% will fetch substantially more as the insurance unit book value has also gone higher considerably with 7-8 years of retained earnings.

Posted by Goh123 > 2022-02-23 22:01 | Report Abuse

120mil ?

Posted by Goh123 > 2022-02-23 23:14 | Report Abuse

wow. rm1bil