THE INVESTMENT APPROACH OF CALVIN TAN

MPHBCAP HIDDEN INVESTMENTS & CASH = RM1.30 PER SHARE - THINK ON IT!

calvintaneng
Publish date: Thu, 28 Jan 2016, 10:40 PM
calvintaneng
0 1,832
Hi Guys,

I have An Investment Approach I which I would like to all.

In the latest MphbCapital Quarterly Reports Apart from Over Rm700 Millions in Investment Properties

 

There is Also Listed Under Non- current Investment Securities

RM379,764,000 (An improvement from previous 3 months of Rm327,656,000)

And Listed Under Current Investment Securities

Rm405,265,000 (A huge jump from previous quarter results - Rm113,900,000)

What are these Current Investment Securities?

Note: KESM & Pitaras Jaya both invest surplus Cash into other Investment Securities.

To check up on "These Investment Securities" you must go back all the way to Multi Purpose & Magnum Annual Reports of Year 2011, 2012 & 2013.

Investment Securities consist of both Foreign & Malaysian Shares.

Also Listed & Unlisted Companies.

There are also Non-current & Current Securities.

MPHBCAPITAL ALSO INVEST SURPLUS CASH INTO UNIT TRUSTS! WOW!

To be more specific - Go to Magnum Website & you will see MPHBCAPITAL BUYING AND BUYING MAGNUM SHARES FROM OPEN MARKET.

So we can say that these Current Investment Securities As Equivalent to Cash 

And this is the CASH & CASH EQUIVALENT STATUS OF MPHBCAPITAL

Refer to latest quarterly report.

CASH IN BANKS = Rm530,685,000

Current Investment Securities = Rm405,260,000

Divided by total paid up shares of 715,000,000 = Rm1.30 PER SHARE!

 

AMAZING REVELATION! 

MPHB CAPITAL IS SELLING AT ONLY RM1.41 WITH NET CASH OF RM1.30 PER SHARE!!

And We Have Not Included Rm364 Millions Receivables and book them as profits  like IFCA & COMCORP DID.

We Have Not Also included Rm700 Millions In Investment Properties Which Could be Revalued & Book Them as profit like Hapseng, Eg, Seacera & Fiamma did!

One more thing. We have not even included RM379 Millions in non current investment securities.

 

Now Go And Do YOUR OWN INVESTIGATION TO CONFIRM THESE FACTS.

True or Not?

 

You have to decide!

Don't miss a Potential 10 Baggars Stock like Mphbcap

 

Regards,

 

Calvin

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Be the first to like this. Showing 6 of 6 comments

914601117

what about NYLEX now?

2016-01-29 00:15

ronnietan

Would most of MPHBCap's cash be its insurance funds, and not the equity of shareholders?

2016-01-29 00:27

calvintaneng

Nylex is at bargain level. Just buy on weakness.

All these Rm1.30 CASH AND CASH EQUIVALENT ARE DISTINCT AND SEPARATE FROM ITS INSURANCE ENTITY. THERE IS AMPLE RESERVE BUFFER FOR INSURANCE CLAIMS IF THERE BE ANY.

THE SUM TOTAL OF ALL ITS CASH, PROPERTIES, INVESTMENT SECURITIES ARE ALREADY MORE THAN RM7.00

AND IF RM700 MILLIONS IN INVESTMENT PROPERTIES ARE REVALUED TO CURRENT MARKET PRICES NTA SHOULD FURTHER INCREASE TO OVER RM10.00

DON‘T WAIT ANYMORE.

LAST TIME WHEN I HIGHLIGHTED KULIM AT RM2.50 MANY WERE STILL DOUBTING.

THEN JCORP SUDDENLY ANNOUNCED TO TAKE KULIM PRIVATE AT RM4.10. ONLY THEN PEOPLE STARTED CHASING.

SINCE SURIN AND INSIDERS HAVE BOUGHT AS HIGH AS RM2.38.

BUYING NOW AT THESE DEPRESSED PRICES IS REALLY AN OPPORTUNITY NOT TO BE MISSED.

2016-01-29 03:02

bluelight

Orient, Sbagan, KSeng all rich in assets and cash but lack of dividend and recurrent income

2016-01-29 08:50

calvintaneng

For Mphbcap dividend will come later. Or Capital repayment is also possible.

Not all Directors buy Orient, SBagan or KSeng shares.

However, All Men Directors of MphbCapital without fail bought & bought MphbCap with their own monies. Even one woman principal officer did the same.

2016-01-29 09:07

calvintaneng

LAST CALL! LAST CALL!

RUN TO SAFETY!!

2016-01-29 10:26

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