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

duatlai

Malpac is small and beautiful. Stock SAWIT
Thanks for pushing the price higher

2014-01-27 12:28

duatlai

Malpac wishing happy new year

2014-02-05 15:49

duatlai

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

vinext

after the lawsuits, cash shot up to rm1.90, this is good news,but no core biz

2014-10-27 06:12

Vanguard168

https://blog.huskyintel.com/jag-the-cat-breaks-out

2017-05-15 21:01

Blue Laser

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

LouiseS

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

Petronas

Post removed.Why?

2021-02-12 12:38

Petronas

Post removed.Why?

2021-02-14 03:06

Nathan27

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

PakMan

another counter to limit up.. EDARAN

2021-04-27 15:43

Champion

APB is a better bet.

2021-04-27 22:26

tpcourt123

LU????

2021-04-28 09:37

shearer202

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

BlackWhite

Palm oil can go up so much, sure fishy

2021-04-29 09:29

Berlin

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

wallstreetrookie

Buy the dip lmao

2021-05-03 11:43

shearer202

Just wait for banker to push up !

2021-05-06 15:58

shearer202

Need some time!!

2021-05-06 15:59

shearer202

Lonely planet

2021-05-10 20:58

caonima

Post removed.Why?

2021-05-30 14:25

MrsLee

True...lonely planet

2021-05-31 21:47

shearer202

Double limit up last week u all never unload ???

2021-05-31 22:43

wallstreetrookie

Malpac might've found new business

2021-06-04 20:05

MrsLee

Today nice....

2021-06-10 18:51

MrsLee

This counter have volume lately ..any news?

2021-07-10 19:52

risktoreward

unfortunately its distribution volume

2021-07-14 11:34

risktoreward

queue tak dapat, train has left the station

2021-07-14 12:59

risktoreward

good luck malpackers

2021-07-14 12:59

risktoreward

enter first batch @ 1.25

2021-07-29 14:56

risktoreward

malpac coming

2021-08-03 11:03

wallstreetrookie

Posted about this stock on 04/06. Some market color on this. Very weird but interesting play going on

2021-08-03 11:06

risktoreward

steady amongst the chaos, if market recovers this evening, this ones gonna fly yo

2021-08-04 09:45

risktoreward

mr market is pulling its leash now, but even on leash its breaking free inch by inch

2021-08-04 09:46

MrsLee

QR out in Aug...

2021-08-04 23:04

wallstreetrookie

Good

2021-08-05 06:30

risktoreward

release all @ 1.26

2021-08-05 11:02

MrsLee

Why release so fast at 1.26, risktoreward?
This month possible to reach 1.60...

2021-08-05 21:15

risktoreward

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

wallstreetrookie

QR doesn't matter here lol.

2021-08-25 19:06

MrsLee

No impact..haiyah

2021-08-26 20:57

awesome20

one time will limit up this counter

2021-10-13 18:39

MrsLee

Has been sleeping for 3months..

2022-01-08 11:59

Dehcomic01

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

sidra24

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