1. Muiprop has real estate business in Bandar Springhill, Seremban, K. Kinabalu and others They are profitable. In fact according to CEO Andrew Khoo property division of Mui Group generates the highest profit
2. It has substantial investments oversea like Pm Corp also invested in Laura Ashley South American franchise for Rm10 millions
This quarter result Investments alone made Rm9.3 millions in profit
3. Mui prop also own shophouses in kuchai lama, Tasmania and USA for rental. This makes Muiprop a reit with regular passive income
So muiprop has both passive income from investments and also from proactive development of real estate
This makes Muiprop a Company with Deep Value assets with powerful earning catalysts
Best of all is the undemanding low price now in view of its deep value assets yet to be revalued plus high growth potential
The crowning glory will be a new trend of dividend to make it exciting for investors
But now that China medical FDI has bought 53 acres lands in Bandar Springhill for Rm1.5 millions an acre (1,000% increased profit from cost) other China FDI might find their way here as well
Plus Gamuda paid over Rm1 millions per acre here for New Data Centers will increase the balance freehold lands of over 620 acres remaining industrial lands in Bandar Springhill
Muiprop has an intrinsic value of over Rm1.00 and so 36.5 sen current price still undemanding
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billionn
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Posted by billionn > 2019-10-18 23:24 | Report Abuse
Thanks for the info m selling cepat cepat now lor. One thing m sure is that u don’t promote m safe but now no more. Terima kasih byk byk ya