Posted by speakup > 2024-03-11 12:07 | Report Abuse

Very quiet here. Means many already sold so can limit up soon

Posted by speakup > 2024-03-11 16:20 | Report Abuse

Wow just shout Limit Up Limit Up already can push up few sen. LOL!

Posted by AlfI3 > 2024-03-11 16:58 | Report Abuse

Indeed, something is brewing to pump n dump rotationally

Posted by Johnzhang > 2024-03-11 17:05 | Report Abuse

Just about 500k share traded for today to bring share price up 9%. Seem very few willing sellers.

Posted by markgold > 2024-03-12 09:47 | Report Abuse

Finally move up a bit. Is good news going soon ?

Posted by markgold > 2024-03-13 16:01 | Report Abuse

Someone start collecting quietly ？

Posted by Johnzhang > 2024-05-11 10:37 | Report Abuse

Data centres are paying huge some for land in south Johor . Paragon Globe recently sold 19.36 ha (47.84 acres) of land in Plentong to Bridge Data Centre for RM238.32 mil, that is RM5 mil per acre.
Mphb has 1,700 acres in Pengarang , next to Rapid and just across Singapore. At the lofty price of $5 mil per acres , these lands worth $8.5 billion or $12/share of mphb . Mphb is trading at $1.25 per share.

Posted by Johnzhang > 2024-05-11 11:22 | Report Abuse

Mphb has a lot more strategically located lands in KL, selangor and Penang .

Posted by Opportunate > 2024-05-12 00:14 | Report Abuse

The land Paragon Globe sold was located at Ulu Tiram , about 20 minutes drive from Johor Baru City Center.
For Pengerang land , beside data center , solar plant might be another option. The land size just nice for 500MW capacity which open tender under LSS5. Adjacent to Singapore will be an advantage.

Posted by Opportunate > 2024-05-12 00:16 | Report Abuse

EC yet to finalise the term and condition for exporting solar power. Due to carbon credit , Singapore need green energy.

Posted by Opportunate > 2024-05-12 00:17 | Report Abuse

I continue increasing my holding. This year added 100,000+ shares to my portfolio.

Posted by Opportunate > 2024-05-12 00:20 | Report Abuse

I patiently waiting for the day management make an announcement that material to the stock price. Might be to morrow , might be this year or might be forever..

Posted by Opportunate > 2024-05-12 00:24 | Report Abuse

I hardly look at this stock as very boring.

Posted by Opportunate > 2024-05-12 00:27 | Report Abuse

What I observed was that someone was accumulating. Clean up 1.20. Now moving towards 1.30

Posted by speakup > 2024-05-13 09:55 | Report Abuse

Amboi! Going privatize?

Posted by Johnzhang > 2024-05-13 10:02 | Report Abuse

https://newswav.com/A2405_3ibvyl?s=A_ztxSpIk&language=en

Posted by Johnzhang > 2024-05-13 10:03 | Report Abuse

JB-Spore free trade zone likely to be in pengerang where mphbcap owns 1,700 acres freehold land .

Posted by speakup > 2024-05-13 10:32 | Report Abuse

Paper profit already 5 figures

Posted by Opportunate > 2024-05-13 11:03 | Report Abuse

Plenty of opportunity in Johor through the JB-Singapore Special economy zone. Just matter will management take any action to unlock the value of the asset

Posted by speakup > 2024-05-13 11:06 | Report Abuse

C'mon lets make it limit up!

Posted by Johnzhang > 2024-05-13 11:28 | Report Abuse

The 5 acres of freehold commercial land at Jalan imbi shall worth $653 mil at conservative valuation of $3,000 psf ie$0.93 per share of mphb .

Posted by Opportunate > 2024-05-13 12:12 | Report Abuse

Both land at Jalan Imbi and Flamingo by the lake at Jalan Ampang very valuable

Posted by Opportunate > 2024-05-13 12:12 | Report Abuse

The land in Penang not as strategic located.

Posted by Kaya Toast > 2024-05-13 13:44 | Report Abuse

After 10 years holding, light is finally at the end of the tunnel!

Posted by Kaya Toast > 2024-05-13 13:48 | Report Abuse

https://www.nst.com.my/news/nation/2024/05/1047258/pm-meet-petronas-next-couple-days-discuss-saudi-aramco-project-pengerang

Posted by Kaya Toast > 2024-05-13 13:49 | Report Abuse

Another mega project on land owned by MPHB.

Posted by speakup > 2024-05-13 14:01 | Report Abuse

Last chance to buy Cheap

Posted by Kaya Toast > 2024-05-13 14:12 | Report Abuse

BURSA, faster send out UMA to MPHB asking for explanation why market has not limit up! Hahahaha.

Posted by Kaya Toast > 2024-05-13 14:49 | Report Abuse

FY2022, MPHB appointed a new NED with extensive background in land and legal contract. Since then I were hopeful this appointment is getting ready for something really really big.

https://klse.i3investor.com/web/corporatefigure/detail/5237?id=5237-57426-1607488572

Posted by Johnzhang > 2024-05-13 18:47 | Report Abuse

https://newswav.com/A2405_OHlxEz?s=A_A1QZlQ6&language=en

Posted by speakup > 2024-05-14 12:48 | Report Abuse

Paper profit 5 figures
Too bad sold abit 1.20s.

Posted by Johnzhang > 2024-05-14 17:24 | Report Abuse

Being JB - spore special economic zone , the land price in Pegerang is sky rocketing…

Posted by Opportunate > 2024-05-14 23:26 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2024/05/14/johor-bahrus-elevated-art-to-have-32-stations/

Posted by Opportunate > 2024-05-14 23:29 | Report Abuse

The ART system will focus on area surrounding JB. Phase 2 will extend to Pasir Gudang area.
Accessibility to Pengerang will be only through road and far away from JB and Singapore which limited the appreciation of land price in Pengerang unless government decided to build 2nd RTS connecting East Johor to Singapore.

Posted by Opportunate > 2024-05-14 23:35 | Report Abuse

MPHBCAP land in Pengerang as per annual report classified as agricultural land , or to be exact, oil palm estate which same as most plantation company , book value at RM1 psft.
If outright sales , my guess will be 10 to 12 psft which will equal to about RM1 to RM1.50 per share

Posted by Kaya Toast > 2024-05-15 16:17 | Report Abuse

Many years back it was force acquired by government at RM8psf, inflation etc now it should easily be more than RM12. Once pengerang gazetted, FDI can easily apply to rezone as industrial land.

Posted by Opportunate > 2024-05-15 17:09 | Report Abuse

Government bought over at 90+sen if I not mistaken and sold at RM7. That triggered the legal battle

Posted by Opportunate > 2024-05-15 17:10 | Report Abuse

Plenty of land in IDR. The zone earmark for industrial will be Pasir Gudang. The most for Pengerang will be for PetroChemical.

Posted by Opportunate > 2024-05-15 17:12 | Report Abuse

Johor has unique land law that different from other state. I learned from another stock that I hold with land bank in IDR

Posted by Opportunate > 2024-05-15 17:15 | Report Abuse

PGB as an example. The land deal 238.8MM. Which included 90MM to convert land title from Argricultiural and get all infrastructure ready. Excluding this , will be RM2MM per acres. Ulu Tiram only 20km from JB. Pengerang more than 60km from JB. Pasir Gudang 40km from JB. Commercial land within 30 to 50 psft today

Posted by Opportunate > 2024-05-15 17:15 | Report Abuse

Aboce was Pasir Gudang land price

Posted by Johnzhang > 2024-05-24 17:15 | Report Abuse

Mphb now at $1.49 . Considering the $0,50 total repayment/dividend received in year 22/23 that means it has reached $1.99 per share .
For investors who have bought at below $1 in year 20/21, the total return of 100% or more is not bad an investment.
More upside is coming …..

Posted by dompeilee > 2024-05-24 17:25 | Report Abuse

Still hanging on tight to my 3 lots bought @ $1.4067 in Oct 2022 after receiving 40c capital repayment & 5c dividend for them!

Posted by speakup > 2024-05-25 09:28 | Report Abuse

hidden gem

Posted by Kaya Toast > 2024-05-27 18:00 | Report Abuse

Latest Q1FY14 increased RM54M in non-current investment properties. Most likely capitalisation for applications of Pengerang agricultural into industrial land.

Posted by Johnzhang > 2024-05-27 18:43 | Report Abuse

Kaya Toast,
The increase in investment property value over 1st Q is in fact RM66.6 mil ( 772 mil to 839 mil).
A total of $54 mil was charged to the allocation for ‘Expansion of property business’ which was part of the huge $161 mil allocated from the insurance sales proceed . There is still balance allocation of $107 mil to be spend .
I agree with you that it is most likely capitalization of the land title conversion.

Posted by Johnzhang > 2024-05-27 18:46 | Report Abuse

The about 1,700 acres of industrial land in pengarang worth a few $billions!

Posted by Johnzhang > 2024-05-27 18:49 | Report Abuse

Look at the mid term big picture. 3 Sen or 5 Sen 1st interim dividend doesn’t really matter .
———————————-


YouWin wrote :
3 cent while the share price is trending high,wtf is wrong with this management, they just proved me right, the boss prefer low share price

Posted by Johnzhang > 2024-05-27 18:54 | Report Abuse

Surin is not going to share with minorities like us the multi $billion wealth in all the highly valuable properties in the company. It’s going to be very soon that he will offer to buy all of us out .

Posted by Kaya Toast > 2024-05-27 20:24 | Report Abuse

I think will be a mediocre offer but I hope minimum price can be above 2.20 to take home my first 6 digit profits.