Posted by Goh123 > 2022-05-18 23:15 | Report Abuse

95%contribute revenue of company so mayble inter to pn17

Posted by TheContrarian > 2022-05-18 23:22 | Report Abuse

@theong, I sold off MAA at RM1.04 a few days before EGM, my cost around 60 sen, hahahaha made over 70% gain.

Posted by Kaya Toast > 2022-05-18 23:35 | Report Abuse

Substantial dividend very much likely, individuals connected to Tan Sri building up their position every years, I don't believe they buy in because they trust in CEO's" business visions"... As long MPHB still a financial holding co, they will be careful in their announcement especially announcement on dividends to avoid triggering Bank Negara unnecessary attention.

Posted by TheContrarian > 2022-05-18 23:41 | Report Abuse

Dow Jones is currently down over 700 points and if it stays down until closing, Asian market will be a sea of red tomorrow. How will MphbCap share price preform?

Posted by TheContrarian > 2022-05-18 23:57 | Report Abuse

Top 30 shareholders own more than 76% of the total shares. Among the top 30 shareholders are several foreign and local investment funds, insurance fund, foreign bank, credit companies etc. All they want is a big, fat special dividend in return of giving their approval on the disposal.

Posted by theong > 2022-05-19 07:57 | Report Abuse

TheContrarian smart of you. I still hold some of MAA only left around 5% initial holding making a decent profit.

Posted by Johnzhang > 2022-05-19 08:24 | Report Abuse

After insurance sales , MPHB cap has plenty of good value lands in KL, selangor, Penang and Johor that can be monetized. All these lands are not bringing any meaningful yields and the group has no plan to undertake any development on them .

Posted by Silemak > 2022-05-19 09:05 | Report Abuse

I bought recently after reading Johns posting.

Posted by speakup > 2022-05-19 09:27 | Report Abuse

@silemak, mphbcap hardly move up much after sale announcement. so u got chance buy cheap. major sharebolders giving a lot of people chance to buy cheap, wonder why?

Posted by chkhooju > 2022-05-19 09:36 | Report Abuse

Around 1.50 considered cheap. Can make money?

Posted by speakup > 2022-05-19 09:42 | Report Abuse

@chkhooju, at your own risk. everything has risk. no guarantees.

Posted by Silemak > 2022-05-19 09:42 | Report Abuse

Read all the previous posting before you make any judgement especially by John . Would like to thank John for all his posting with substance!!!

Posted by speakup > 2022-05-19 09:54 | Report Abuse

what i can tell u is this.
speakup bought at 1.30 way before the sale announcement, but when this good news out, mphbcap has only moved up a mere 20sen! so this good news is only worth 20sen?????? ridiculous!

Posted by Goh123 > 2022-05-19 09:57 | Report Abuse

market sentiment

Posted by Goh123 > 2022-05-19 10:05 | Report Abuse

indeed i also think that

Posted by speakup > 2022-05-19 10:05 | Report Abuse

@Goh123, dont tell me market sentiment. Look at Hengyuan & Petron, all panic buying.

Posted by Silemak > 2022-05-19 10:07 | Report Abuse

My cost 1.50. I will be happy if I can make 20sen in 6 mths. I bought MMC after announcement and profit of 10% in 4 mths … up down up down!! Much much better than FD!!!
By keeping cash we are losing with such a high inflation.

Posted by speakup > 2022-05-19 10:10 | Report Abuse

that why speakup say major shareholders give u chance buy cheap

Posted by Silemak > 2022-05-19 10:18 | Report Abuse

@speakup, hengyuan and PETRON are exceptional case bcos of oil spike war) it was stagnant bcos concern of low price and esg earlier. I bought hengyuan 1 year ago at 6 down to 3 plus. A lot of patience!!!!! I also bought into plantation and now stagnant ( even CPO all time high)) be patient!!

Posted by TheContrarian > 2022-05-19 10:29 | Report Abuse

@speakup, major shareholders giving chance to long suffering minorites who bought at high price to average down before the big spike comes.

Posted by chkhooju > 2022-05-19 10:43 | Report Abuse

Yea ka! So considerate of the management?

Posted by TheContrarian > 2022-05-19 10:55 | Report Abuse

It will spike big eventually, mark my words.

Posted by chkhooju > 2022-05-19 11:07 | Report Abuse

Hopefully.

Posted by chkhooju > 2022-05-19 11:08 | Report Abuse

Keeping my fingers crossed.

Posted by Silemak > 2022-05-19 11:45 | Report Abuse

Tks again John for all the writing .Save a lot of time and effort on our part before we invest.

Posted by TheContrarian > 2022-05-19 12:25 | Report Abuse

I now give target price of RM2. :-)

Posted by chkhooju > 2022-05-19 12:32 | Report Abuse

@TheContrarian. Good. Hoping the management of MPHBCAP has heard you. All the best to all of us.

Posted by TheContrarian > 2022-05-19 12:43 | Report Abuse

We are all in MphbCap together. We should have confidence and belief in what we invest in.

Posted by chkhooju > 2022-05-19 15:19 | Report Abuse

So buy more then. I added more at 1.50 this morning. Hoping to win big. Frankly speaking I'll be satisfied with a thirty sen reward. More than that, is considered bonus.

Posted by chkhooju > 2022-05-19 15:21 | Report Abuse

My lowest being 1.25. Highest 1.55.

Posted by chkhooju > 2022-05-19 15:23 | Report Abuse

Sorry. I made a mistake. Lowest being 1.28.

Posted by TheContrarian > 2022-05-19 16:10 | Report Abuse

Board of Directors have to deliberate proposed usage of disposal proceeds first and announce it, then only call for EGM.

Posted by AlfI3 > 2022-05-19 16:12 | Report Abuse

Affin's prc looks equally active today eventhough its prc abv rm2 vs mphbcap tat hovering arnd 1.5. Any sifu can share the reasons y these 2 ctrs attracted different price hikes?

Posted by TheContrarian > 2022-05-19 16:22 | Report Abuse

For Affin please go to Affin forum.

Posted by Kaya Toast > 2022-05-20 00:03 | Report Abuse

I do not believe any Boards in this world have no plans and simply sell core business first, decide what to do with the proceeds later. Floating shares are small as major shareholder controled 75% of shares, it is very easy for some deep pocket to manipulate share price as his wish to trap retails like us to give up our shares at small profit. But to be honest, I am also disappointed with the lack of solid direction by management since ipo till now.. if I'm fund manager, I will not be excited to take position too.

Posted by TheContrarian > 2022-05-20 04:36 | Report Abuse

@KayaToast, there are plans on the utilization of the disposal proceeds, it is just not yet announced. Chapter 10 of Listing Rules requires announcement to be made to Bursa and in circular issued to shareholders prior to convening EGM. Board of Directors are deliberating on the plans which will include a special dividend of at least 65 sen (but probably higher but how much higher?)

Posted by TheContrarian > 2022-05-20 07:27 | Report Abuse

@Johnzhang, I think KayaToast meant top 30 major shareholders owning 75%.

Posted by TheContrarian > 2022-05-20 07:31 | Report Abuse

Of the top 30 shareholders, who among them are aligned with Surin?

Posted by Kaya Toast > 2022-05-20 09:02 | Report Abuse

Thanks John and Contrarion, yes top 30 shareholder holding 75%, these are institutional investor, connected parties, corporate that not going to trade the shares daily, only 25% left arent much floating shares available, fund managers not allowed
to buy in if shares are illiquid, daily price easy to manipulate assuming 75% are not going to do anything, and long term investor like us also will not release the share..

Posted by chkhooju > 2022-05-20 10:26 | Report Abuse

@Johnzhang, thank you very much for your remarks. Retail investors should take note. Don't fall into trap for selling cheap.

Posted by chkhooju > 2022-05-20 10:28 | Report Abuse

Maybe I am going to add more today. Yesterday managed to get some at 1.50.

Posted by TheContrarian > 2022-05-20 11:34 | Report Abuse

Price will hold at current level until announcement of special dividend is released.

Posted by Endgame > 2022-05-20 12:11 | Report Abuse

Not yet down ah? I am waiting 1.4 again

Posted by Opportunate > 2022-05-20 12:24 | Report Abuse

I have not being paying much attention on MPHBCAP since last June as I have set my TP at 2.50. I continue to accumulate as usual. My focus was on BPlant until recently , was quite fortunate to sell all close to the peak and switched over to MPHBCAP and boost my holding beyond 0.1% of outstanding shares

Posted by Opportunate > 2022-05-20 12:25 | Report Abuse

Here is my thought about MPHBCAP

Posted by Opportunate > 2022-05-20 12:27 | Report Abuse

As of now , most important is to get EGM going and support the resolution and get the disposal of remaining 51% of MP insurance successful executed and classify as property sector.
Next only deal with the money

Posted by Opportunate > 2022-05-20 12:29 | Report Abuse

I believe once completed the disposal , the situation will get firmer , analysts will back in coverage and the stock price will boost

Posted by Opportunate > 2022-05-20 12:30 | Report Abuse

My thought of scenarios how the company will utilize the fund

Posted by Opportunate > 2022-05-20 12:30 | Report Abuse

Assumption from observation of MPHBCAP for past few years and information available publicly

Posted by Opportunate > 2022-05-20 12:34 | Report Abuse

1. Retain earning after disposal of insurance arm = RM1,034,000,000. Which means max dividend per share the company can out at 1.40 per share

2. Cash in hand and high liquid asset at RM1.4B

3. MPHBCAP has no expertise in property development. The company need to JV with other company to unlock the value of the asset. MPHBCAP will contribute land instead of cash to the JV