Posted by Kaya Toast > 2022-11-23 17:52 | Report Abuse

Q3 finally out. After stripped insurance, billion in assets from investment properties, securities, receivables and cash, and nil liabilities. Current price to book value is very attractive. Bought some today to keep.

Posted by Kaya Toast > 2022-11-23 19:20 | Report Abuse

In a decade, first time the Co exercised its share buy back, hopefully share price to pivot from now.

Posted by Opportunate > 2022-11-23 21:41 | Report Abuse

Kind of encouraging to read the news of share buy back today.

Posted by Opportunate > 2022-11-23 21:42 | Report Abuse

I yet to buy any using the capital repayment proceed. Only hold on with my shares accumulated so far.

Posted by TheContrarian > 2022-11-23 23:26 | Report Abuse

Why put all your eggs in one basket? Have a portfolio of 10 to 15 counters.

Posted by Opportunate > 2022-11-23 23:59 | Report Abuse

I have a portfolio of 10 to 20 counters in hand. MPHBCAP is one of the stocks. Switching within the stocks using TA.

Posted by speakup > 2022-11-24 09:11 | Report Abuse

Mphbcap may end up being like another Eksons or Facbind

Posted by Opportunate > 2022-11-24 18:44 | Report Abuse

Still too early to conclude post insurance disposal performance of the company. Worth to hold on and monitor for another 6 to 12 months. The share buy back from the management very encouraging.

Posted by Gohkoh > 2022-11-24 19:06 | Report Abuse

nta become rm2.80 with share price only rm0.90

Posted by Opportunate > 2022-11-24 19:21 | Report Abuse

Mainly in cash and short term investment worth slightly above 1B and undervalue asset.
If continue absorb share through share buy back , the share price will go up

Posted by Kaya Toast > 2022-11-24 19:30 | Report Abuse

If new PM10 using pre-budget 2023 as base case, Pengerang will be given special status, shareholder should be excited, it open up a chance to unlock value of Pengerang lands.

Posted by Opportunate > 2022-11-24 20:35 | Report Abuse

I glance through the balance sheet of both FACBIND and Eksons. Both assets mainly in cash or quoted investment and smaller portion in land for development which reflected the value. To push the stock price to next level , management need to use the cash to venture into new business or pump up their property business to improve the performance.
MPHBCAP beside the huge cash pile , the under value land will be an advantage. The stock price will much depends on how the management unlock the value.
Among 3 , I will go for MPHBCAP with higher upside surprise

Posted by Gohkoh > 2022-11-26 15:59 | Report Abuse

gogogo mphbcap

Posted by speakup > 2022-11-28 16:22 | Report Abuse

FACBIND, EKSONS, KSENG, MPHBCAP semua sama. All cash rich but no one want privatise for its cash

Posted by markgold > 2022-12-01 14:44 | Report Abuse

Buying back MPHBCAP shares is a right move for management.

Posted by Gohkoh > 2022-12-02 18:00 | Report Abuse

day by day share buy back

Posted by Kaya Toast > 2022-12-02 19:09 | Report Abuse

Today number of share buy back (volume), did the management tried to hint on something.. haha..

Posted by Gohkoh > 2022-12-02 20:22 | Report Abuse

long road to run

Posted by Opportunate > 2022-12-02 23:29 | Report Abuse

A good move by the management to perform share buyback. Hopefully can continue to clear up the weak holder in the market and pave the way for strong rebound when market sentiment turn positive in the future.

Posted by Opportunate > 2022-12-02 23:30 | Report Abuse

With the volume accumulated daily , still long way to go to get to 10%

Posted by markgold > 2022-12-05 15:06 | Report Abuse

Too many weak holders. The share price cannot move up !

Posted by speakup > 2022-12-05 15:12 | Report Abuse

You guys still here???

Posted by Gohkoh > 2022-12-05 19:11 | Report Abuse

today buy back 1000k lot

Posted by TheContrarian > 2022-12-06 08:46 | Report Abuse

Do you people realize this is an MCA linked counter?

Posted by Opportunate > 2022-12-06 09:48 | Report Abuse

Not Mulpha ?

Posted by Johnzhang > 2022-12-07 10:03 | Report Abuse

It was a MCA counter. No more link to MCA since SU bought into multi purpose even before the demerger .

Posted by TheContrarian > 2022-12-07 10:27 | Report Abuse

You mean SU is not MCA proxy?

Posted by Johnzhang > 2022-12-07 15:11 | Report Abuse

@ TheContrarian , Is he ? I don’t have information pointing that he is .

Posted by Gohkoh > 2022-12-08 20:43 | Report Abuse

not mca proxy ord

Posted by speakup > 2022-12-09 07:54 | Report Abuse

u guys still here????

https://www.bloomberg.com/news/articles/2020-08-26/metlife-ammb-are-said-to-weigh-sale-of-malaysian-insurer
swap to ambank better

Posted by markgold > 2022-12-14 09:59 | Report Abuse

Hopefully weak holders are clear very soon.

Posted by ACE9696 > 2022-12-16 16:34 | Report Abuse

huat arh

Posted by Opportunate > 2022-12-17 19:48 | Report Abuse

looking good and hopefully the momentum from the Share Buy Back continue .

Posted by AlfI3 > 2023-01-13 07:37 | Report Abuse

Indeed, to strengthen its share price via share buy back will take very long while, as someone kept dumping it at slow pace to cash out steadily....

Posted by Gohkoh > 2023-01-17 20:51 | Report Abuse

ini kali la

Posted by markgold > 2023-02-08 10:36 | Report Abuse

Hopefully will go up slowly.

Posted by Opportunate > 2023-02-09 16:56 | Report Abuse

Seem like almost clearing all the selling below RM1 and buyback moving into 1 to 1.05 region

Posted by speakup > 2023-02-09 20:22 | Report Abuse

U guys still here?

Posted by Gohkoh > 2023-02-11 14:06 | Report Abuse

no more sell off

Posted by speakup > 2023-02-13 07:54 | Report Abuse

will Mphbcap be another Kseng?

Posted by wallstreetrookieNEW > 2023-02-13 15:37 | Report Abuse

@speakup Company keeps buying back at such high prices. What is the reason? Any info

Posted by wallstreetrookieNEW > 2023-02-13 15:37 | Report Abuse

I don't have friends working at MPHB so I have no idea. There is no news at all.

Posted by Opportunate > 2023-02-13 17:38 | Report Abuse

For a company with net cash and equivalent of about RM1.50 per share , buyback share below 1.50 will always be a good bargain.

Posted by Opportunate > 2023-02-13 17:40 | Report Abuse

The management is slowly clearing up the seller in the market. I just holding on with my stock with expectation of min 5 sen per share dividend for reinvestment

Posted by AlfI3 > 2023-02-16 07:56 | Report Abuse

Any idea when wud b d 5sen div b distributed or juz an assumption?

Posted by speakup > 2023-02-16 08:10 | Report Abuse

13 Sep 2022 kasi 5 sen dividend
so next dividend 5 sen will be 13 Sep 2023
SABAR!

Posted by Opportunate > 2023-02-16 15:57 | Report Abuse

@Alfl3 assume end of financial year in August 2023. Pay out Sept 2023

Posted by AlfI3 > 2023-02-18 07:25 | Report Abuse

Thx guys for d infos, meaning d board are not generous to give sweetener of "interim or special divs", as ody so many years of hibernation since its corporate excercise.....!

Posted by speakup > 2023-02-18 10:58 | Report Abuse

already kasi big dividend last Sept. 40sen + 5 sen

Posted by speakup > 2023-02-18 18:07 | Report Abuse

John Zhang dah lari?