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2017-05-26 11:02 | Report Abuse
Moneykj thanks ur sharing. I thought calvin bought muiind, but not holding any shares, i lost a lot in muiind..
2017-05-24 15:29 | Report Abuse
Its abt people m management, palm oil business is lucrative like many come out good quarterly report recently. Actually already predicted 1st half palm oil price is good 2nd half will be softer, many analysts have same views
2017-05-24 12:08 | Report Abuse
Price drop ahead of quater report an indication of bad earnings, stay away
2017-05-18 07:38 | Report Abuse
I just warn those who may believe a dog and get cheated. And this is not a usual dog cos his master is tthuat said syndicate. Cooperative calling people buy at high everytime vulume coming claiming they fry it to 30sen but everytime failed lastly dropped to 20sen instead. And this time volume comes, same thing again. Warn people not get cheated by doggy style, but make decision on ur own.
2017-05-17 21:25 | Report Abuse
don't lie dog, from 24sen u said same thing follow will up to 30sen but eventually drop to 20sen, all dead. till now up a bit u bark again, u cheated many people, u r a bad dog
2017-05-17 16:04 | Report Abuse
Fuk. Up for wat. Why up
2017-05-17 09:21 | Report Abuse
Latest target price given is 73sen. So i q at this price
2017-05-17 09:06 | Report Abuse
If maybulk dont go bancrupt before economy pick up, it really can make huge profit in good time. Wait and accumulate slowly
2017-05-16 10:18 | Report Abuse
Need to hold long term. Turnaround need some more time
2017-05-15 15:08 | Report Abuse
All liars gone. Let it drop below 10sen
2017-04-25 09:15 | Report Abuse
Hope today break 25 solidly
2017-04-20 16:31 | Report Abuse
now waiting to top up again so that by the time reaching back to rm24 I can become a millionaire by then
2017-04-19 22:06 | Report Abuse
people run hotels resorts always get profit, why landmark never profit in years? management of luck problem
2017-04-19 20:09 | Report Abuse
i will average at 20sen, hold tight no worries, which shares only up and up never down? as I know nothing better put my money to FD as my retirement fund, 30years down the road, all the assets of mui may appreciate more than FD. I plan to do regular fund pumping also.
2017-04-18 16:48 | Report Abuse
I got a sensitive nerve for the movement emotion of investors, if I got money sure i will top up now
2017-04-18 16:25 | Report Abuse
Guys u gotta feel the pace of movements... how fast it went up and how long it takes to soft down to support, it is not sharp n fast drop, so emotionally i feel ok, it may shoots fast soon
2017-04-18 10:12 | Report Abuse
Sure win. Just do u want to wait. Really got so much assets
2017-04-17 15:35 | Report Abuse
A mysterious group is collecting 255 at t4 now how many u sell will jus end up eaten. Dont u see
2017-04-17 12:16 | Report Abuse
The party is still on buying is keeping on no matter t4
2017-04-17 10:53 | Report Abuse
Now is collection time for big group, small investors will get confidence when they see price keep flying
2017-04-17 05:45 | Report Abuse
Guys it wont back to 20sen as long as kkp not doing anything cos people speculate, low chances for that at least, but potentially fly high to over 40 sen when its fried by groups after groups
2017-04-16 15:13 | Report Abuse
I in at 26sen, will average down at 20sen, will cut if kpp really want these assets with him. When he keeps silent good, chances of him selling r high
2017-04-15 21:39 | Report Abuse
Chart wise, there must be people collecting before court order and we saw yersterday supported well by other groups of players. Will next mon another aggressive group interested?
2017-04-15 17:49 | Report Abuse
Selling shares .. to cash in rm355? Yeah.. yahuuu.. if he is to sell his shares of course he will push it to high high then sell
2017-04-15 16:30 | Report Abuse
Newkid. Many can owe expensive asset by jus borrowing and thus high in debt. Mui has low debt reportedly as paid off long time ago. And now people are jus speculating he sell asset to cash in rm300mil
2017-04-15 13:39 | Report Abuse
I personally think can speculate on news untill kkp comes out and maybe declare no intension to sell. But i have no idea how he can dig from his own pocket over 300mil unless banks approve personal loans to him. Or another possibility that he got a lot cash under pillow not being ever valued
2017-04-15 12:09 | Report Abuse
Asian Financial Crisis.
By becoming a leaner outfit, MUI should be able to be on the right track to regain its footing and return to the black, observers say.
It is believed that Yu, known for his savvy investing skills had at one point been taking up small stakes in the MUI group. It cannot be confirmed whether he has been buying in during the stock’s recent rally.
Heydays
In the 1980s also its heydays, the MUI group had up to seven companies listed on the local stock exchange and several more listed abroad.
Loved and chased by retailers, it’s been said that many were willing to fork up more than RM20 for one MUI share then. That had caused its market capitalisation to balloon to above RM1bil in 1981 from less than RM10mil just five years earlier.
Then came the Asian financial crisis and the stock alongside many of the other favourites of punters fell out of favour.
“The MUI we have today has assets but not much has been done to unlock value.
“It also remains unattractive in terms of profits,” an observer points out.
A complicated shareholding structure of its listed companies and what some describe as Khoo’s lack of accessibility to investors also add to its woes.
Meanwhile, is the recent excitement surrounding the company’s stock sending out a signal that something’s about to change or will the interest fizzle out eventually ?
2017-04-15 11:43 | Report Abuse
What’s going on in MUI?
Stock surges over 47% with heavy turnover
StarBiz 15 April 2017
MALAYAN United Industries Bhd (MUI) hogged the limelight this week with its stock surging over 47% while the broader market was largely listless.
The flagship of one-time corporate high-flyer Tan Sri Khoo Kay Peng, the daily trading volume of MUI’s stock has ballooned from just over 200,000 shares at the beginning of the month to about 200 million shares this week.
It last closed at 24.5 sen.
So, why the spike in interest? While official queries to the company have gone unanswered, speculation is rife that the 78-year-old Khoo who controls UK brand Laura Ashley and a string of Corus hotels in Malaysia and abroad could finally be unlocking the value of some of the diversified group’s assets.
It cannot be ascertained if there are other corporate developments brewing at this point at the company although there are also whispers of a possible change of guards, if Khoo decides to sell off his controlling stake in the firm.
These follow a UK court order made earlier this month requiring Khoo to pay his ex-wife £64mil (RM355mil) as part of a highly-publicised divorce settlement.
From a fundamental point of view, MUI is asset-rich but remains loss-making as a group.
Laura Ashley and Corus hotels
Among its crown jewels, Londonlisted Laura Ashley Holdings plc which Khoo controls just under 50% of, is one of MUI’s most prized assets.
Laura Ashley, known for its floral dresses and English-style home furnishings operates 194 ownedstores in UK, the Republic of Ireland and France as well as 252 franchised stores globally.
Apart from Laura Ashley which falls under MUI’s retailing division which also happens to be its largest revenue generator, MUI has another Malaysian entity namely Metrojaya Bhd.
Metrojaya operates seven department stores and 61 speciality stores in Malaysia under various in-house brands such as Reject Shop, East India and Somerset Bay, according to the group’s latest annual report.
Under its hotel division, MUI owns and operates 10 hotels in the UK and two hotels in Malaysia under the Corus and Laura Ashley brands.
The Laura Ashley brand hotels are primarily boutique hotels that display Laura Ashley’s range of products and designs. All of MUI’s hotels are understood to be revenue-generating.
In the UK, for instance, its flagship hotel known as the Corus Hotel Hyde, recorded revenue of £16.8mil for the 18-month financial period ended June 30,2016 compared with £13.2mil for the previous financial year.
This hotel sits on 21,640 sq ft of freehold land and carries a current net book value (NBV) of only RM257.5mil. MUI bought the property in 2001. It is unclear when was the last time this piece of land was revalued.
In Malaysia, MUI owns and operates Hotel Corus Kuala Lumpur and the Corus Paradise Resort Port Dickson.
MUI’s Corus Hotel in Jalan Ampang sits on a 78,500 sq ft plot of land and is situated opposite the Petronas Twin Towers. It is carried at a current NBV of RM60.5mil, or RM770 per sq ft.
Parcels of land in the same vicinity meanwhile have managed to command prices as high as RM3,000 per sq ft.
Should the Corus Hotel in Jalan Ampang be redeveloped, it has been estimated by experts that it could fetch a gross development value of close to RM2bil.
MUI also has a property division whereby its flagship project is the 1990-acre Bandar Springhill township development in Port Dickson.
Financial position
Besides these, it has a food division via Network Foods International Ltd which is involved in the manufacturing and marketing of chocolates and other confectionery while a financial services division made up of stockbroking firm PM Securities Bhd and PCB Asset Management Sdn Bhd rounds up its current operations.
Based on the company’s latest financial notes, MUI’s total assets are collectively worth some RM2.10bil of which RM338.5mil comprises deposits, bank balances and cash.
Its borrowings meanwhile stand at about RM209mil, according to the latest quarterly report.
In his recent statement to shareholders, Khoo says the group will adopt a “prudent yet progressive approach in developing strategies and managing its various businesses locally and abroad”.
In the same statement, Khoo also mentions that the group will “endeavour to streamline its portfolio of assets and businesses to further enhance its financial position.”
Recall, in 2015, there was a proposed sale of MUI’s 69.12% stake in Pan Malaysia Holdings (of which PM Securities comes under) for RM77.12mil to Datuk Dr Yu Kuan Chon, the major shareholder of YNH Property Bhd.
That deal however was terminated last September.
MUI said then that “the proposed RM77.12mil sale was cancelled due to the non-fulfillment of a condition precedent for the deal by the cut-off date of Sept 12.”
For MUI, the disposal was supposed to be its first major divestment of a listed company under the group since it undertook a massive clean-up to restructure the group after the 1997/98 A
2017-04-15 11:20 | Report Abuse
More people will speculate on this fact as long as no reply from him, as legal procedure proceed its way
2017-04-15 11:14 | Report Abuse
There is some risk on this speculation, it is that kkp make an appeal and fight again. If he is a kind of an emotional man, i am willing to lose my speculating money. If he is a logical thinking person, he is not likely to fight cos legal fee had cost abt 10mil pound. If fight, money only profiting lawyers n court
2017-04-15 10:33 | Report Abuse
Many will follow as the dateline draws near
2017-04-15 10:32 | Report Abuse
Buy on rumour sell on facts. This speculation is not out of nothing, but from a court order
2017-04-14 19:10 | Report Abuse
Im more confident now from comments n also technical chart shows rallying up from today support
2017-04-14 15:06 | Report Abuse
I jus think if there no big supporters tis counter in tis fearful enviroment will jus drop, it stands still so follow big suppoters trend. I bought in yesterday
2017-04-14 11:41 | Report Abuse
I dont like war so i always dont think war will happen
2017-04-14 11:29 | Report Abuse
Already turned, up trend now for intraday
2017-04-14 09:33 | Report Abuse
Ok i bought wait 30sen to sell now
2017-04-14 08:14 | Report Abuse
Buy on rumour sell on facts, pls buy
2017-04-14 05:39 | Report Abuse
Pls dont let me lose money today, every keep buying
2017-04-13 20:42 | Report Abuse
Calvin may u share ideas on why this compny keep making losses almost every quarter by looking its rich asset n valuble businesses?
2017-04-13 20:28 | Report Abuse
Welcome join and profit 2gether
2017-04-13 15:03 | Report Abuse
actually tis company is to sell all asset?
2017-04-13 14:39 | Report Abuse
just try buy and keep
2017-04-11 10:08 | Report Abuse
Accumulation at 95-96, then eat up above rm1
Stock: [MUIIND]: MALAYAN UNITED INDUSTRIES BHD
2017-06-06 19:38 | Report Abuse
calvin really got the points, but not for personally hatred, everytime calvin talks, the share will definitely go up, u may sell for fast profit, cos it will come down for some reason, and I don't know what the reasons behind. mui calvin pushed so much not long ago around 24-28sen, came down to 18sen. dutaland calvin pushed around 47-51sen recently, came down to 46sen. u can still profit if u follow him, but u gotta know when to sell buy seeing his signal 'whenever he talks'.