KLSE (MYR): MALPAC (4936)
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Last Price
0.85
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Name
No. of Shares
Percentage
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
From | To | Type | No. of Shares | Min Price | Max Price |
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Malpac is small and beautiful. Stock SAWIT
Thanks for pushing the price higher
2014-01-27 12:28
A stock to view
Cash 45m. plus Oil palm plantation 2033.33ha, land in Johore 6.74 ha and bungalow lots 178 pieces.
Can some value this small & beautiful
2014-02-05 16:50
after the lawsuits, cash shot up to rm1.90, this is good news,but no core biz
2014-10-27 06:12
The company is helmed by a bunch of lazy but quarrelsome directors. Spent the last 10 plus years in litigation on the sale of their palm oil estate but nothing about seeking new business opportunities despite being cash rich. Talk about sitting on one's bum. Even elevated one of their own to be ED though he is 79 years old! Too many EDs drinking company soup. Pity the minority shareholders.
2017-11-24 10:18
MALPAC's main business segments include oil palm plantations and milling.
However, the company has been involved in lawsuit which causes its plantation income to be withheld by another party, so revenue or income from plantation segment is zero. It has some income from investment holdings, but not enough to cover expenses.
Its earning performance has been overall fluctuating in last five years, whereby its earning per share overall fluctuated from -6.93 sen to -4.5sen. Making losses in all of last five years.
https://louisesinvesting.blogspot.com/2020/01/comments-on-malpac-holdings-berhad-4936.html
2020-01-05 12:26
Cold counters moving again? Tocean Tgl Sdred woodlan malpac knusfor cwg? Maybe new wave for cold counters haha time for all the sleeping beauty’s to wake up
2021-04-27 11:35
Wow , this kind of company background i really like because their boss really need money n we can join goreng together just like tocean to 10 x higher price ! Want fast money must join post pandemic goreng trend while it is still warming up with around rm 1.50 only , buy 20 , 30 lots for 25 % daily up for 2 to 4 weeks enough already ! Better than all the bank stocks need atleast 10 to 20 years only see gains n the fxxxcxx high PE tech stock ! This is the stock for smart malaysian ! Next week already rm 2.xx !
2021-04-28 09:56
A long neglected company because the directors, all old men, had no ideas as to what new business to venture into plus were too absorbed in decades long litigation. Or maybe they have hidden plans of their own. Malpac's cash backing already RM1 per share. Plus properties in Mount Austin, Johore at 20 year old historical book prices. On a revalued net asset basis, easily much more than the reported nta 2.29 per share, possibly well above Rm3. No borrowings. Only 75 million shares with 90% tightly held by top 30 shareholders. Under pressure to find new business or be delisted and therefore a prime candidate for a corporate exercise. Next few weeks will tell what's happening.
2021-04-29 11:02
Posted about this stock on 04/06. Some market color on this. Very weird but interesting play going on
2021-08-03 11:06
steady amongst the chaos, if market recovers this evening, this ones gonna fly yo
2021-08-04 09:45
mr market is pulling its leash now, but even on leash its breaking free inch by inch
2021-08-04 09:46
Why release so fast at 1.26, risktoreward?
This month possible to reach 1.60...
2021-08-05 21:15
indeed possible, happy for you if it does. but my own risk management ya, quick in quick out this month's trade
2021-08-05 21:18
Malpac, a Bursa Malaysia plantation counter, is a Graham Net Net. The Graham Net-Net is a stock that is trading at a discount to its net current asset value (NCAV).
NCAV=Current Assets−Total Liabilities. The NCAV is often taken as a proxy for the liquidation value. This meant that even if the company were to be liquidated, investors could potentially make a profit because the market is undervaluing its current assets.
Malpac currently has a NCAV of RM 1.37 per share compared to its share price of RM 1.06 per share. Malpac has been a Graham Net Net for most of the past decade. Unfortunately if you have bought it years ago, you would not have been able to make money. This is because the company don’t really have any operations.
I have benefitted from buying Net Nets before. But this is because they were operating companies whose price became lower than the Net Net value due to poor market sentiments. They were not due to poor business prospects.
This is not the case with Malpac which is looking for a major business to get into. While it has submitted its property development plan, it will take some time for this to execute this. So if you are a fundamental investor, there are plantation companies or property companies with track records to hunt for. https://www.youtube.com/watch?v=Wn4p31y0CUQ
2024-01-18 08:19
Spent the last 10 plus years in litigation on the sale of their palm oil estate but nothing about seeking new business opportunities despite being cash rich. Talk about sitting on one's bum. The U.S. real estate market is known for its stability compared to other asset classes. Despite occasional fluctuations, the long-term trend has generally been upward. Growth Potential https://kingnewswire.com/booming-real-estate-investment-opportunities-where-to-buy-in-the-u-s/ and Many U.S. cities and regions are experiencing significant population growth and urban development, which can drive up property values and rental income.
2024-09-18 03:08
chongkonghui
Another solid yet no body buy company.
NTA > share price by 50%.
Cash Per share >50% of the share price.
2012-03-21 08:55