hmm enough already. my view on MPHB is quite stable since price was at 3.12 back in August. the drop and increase of MPHB is very consistent and has been on an uptrend movement since the demerging news. My TP was RM 4.00 and has not changed since plus dividend issued and has been managed well. thank you :)
do read again ya? some important points are highlighted in case you miss the point. i understand english is not your first language in postings like this "due to no ppls choi him .. he want fast fast cover his mistake .. then continue the rest .. Story created by this funny guy.
Thanks for bring funny to this forum .."
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Posted by KC Loh > Nov 28, 2012 05:20 PM | Report Abuse X
magnum 4D right? yeah, cash cow all the way! punters just love magnum and queues were always there before jackpot! unfortunately for me, my pal INSIDE ask me to apply for branch/agency license or something like that IN THOSE DAYS and i didnt take it! anguish!
if need more information about the highlighted words, please ask yeah. dont jump to conclusion again. Those times were different and you were only a sniffling standard 5 or 6 student playing hopscotch with girls in school! LOL
Posted by 1M168 > Nov 29, 2012 11:58 AM | Report Abuse
Posted by 1M168 > Nov 29, 2012 11:51 AM | Report Abuse
KC Loh dont understand right? glad to know you dont understand how business works in Malaysia. ever heard or runners or cables? no? good that you can tell others license freeze and laugh at yourself about it! LOL 28/11/2012 20:34
Illegal 4d agent ada la every where... hahahaha funny loh u. U mao tipu orang lagi? u pls help list out which branches is operated in this way ? I will help u post to Magnum corporation to clarify. I saw u always open bet with others.. today i challenge u .. u tell me which 1 then we can raised to Magnum Corporation to clarify.. U dare ?
Sorry have to call u new name NO EGG, if u no dare .. not need to talk much here.
KC Loh dont understand right? glad to know you dont understand how business works in Malaysia. ever heard or runners or cables? no? good that you can tell others license freeze and laugh at yourself about it! LOL 28/11/2012 20:34
Illegal 4d agent ada la every where... hahahaha funny loh u. U mao tipu orang lagi? u pls help list out which branches is operated in this way ? I will help u post to Magnum corporation to clarify. I saw u always open bet with others.. today i challenge u .. u tell me which 1 then we can raised to Magnum Corporation to clarify.. U dare ?
Sorry have to call u new name NO EGG, if u no dare .. not need to talk much here.
sorry, i dont reply to transgenders. you can call me anything you want. Thats the new game for sulking kids! :)
its proven you dunno how malaysia businesses is run and on top of that you are staying in Bolehland. Worse is you are trying to come off it posing as a very smart person to lead others into investment! Good luck to the rest!
Yeah , CONFIRM no egg only talk siok siok .. hahaha. Ok la .. from now i will let u show off here. Bc at least someone can see how u work here. That is ur daily work and i really no time to feedback u.
Remember all .. when u see MAGNUM then think about KC LOH LOH.
Posted by 1M168 > Nov 29, 2012 12:12 PM | Report Abuse
Yeah , CONFIRM no egg only talk siok siok .. hahaha. Ok la .. from now i will let u show off here. Bc at least someone can see how u work here. That is ur daily work and i really no time to feedback u.
Remember all .. when u see MAGNUM then think about KC LOH LOH. ----------
Posted by 1M168 > Nov 29, 2012 12:14 PM | Report Abuse
KC LOH = NO EGG = ILLEGAL MAGNUM OPERATOR = TIPU ORANG
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jumping to conclusion again? i didnt say i got the agency license! and this is thru backdoor since you noted application was freezed. please read back, only 2-3 pages only! in case you cant differentiate what backdoor and belakang mari, go ask your friend singh.
sorry, you will be ignored from now. given you too much time. Bye Stanleyette! LOL
1M168 KC Loh dont understand right? glad to know you dont understand how business works in Malaysia. ever heard or runners or cables? no? good that you can tell others license freeze and laugh at yourself about it! LOL 28/11/2012 20:34
Illegal 4d agent ada la every where... hahahaha funny loh u. U mao tipu orang lagi? u pls help list out which branches is operated in this way ? I will help u post to Magnum corporation to clarify. I saw u always open bet with others.. today i challenge u .. u tell me which 1 then we can raised to Magnum Corporation to clarify.. U dare ?
Sorry have to call u new name NO EGG, if u no dare .. not need to talk much here.
KC Loh Posted by 1M168 > Nov 29, 2012 12:14 PM | Report Abuse
KC LOH = NO EGG = ILLEGAL MAGNUM OPERATOR = TIPU ORANG
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jumping to conclusion again? i didnt say i got the agency license! and this is thru backdoor since you noted application was freezed. please read back, only 2-3 pages only! in case you cant differentiate what backdoor and belakang mari, go ask your friend singh.
--> No egg said boleh dapat license belakang mari.. i just knew she always play belakang mari.
I believe this forum is for us to share infor...not hitting members here and there..pls lah...let's be more human...we aren't barbaric right?...I thought we are civilised and educated lot but seeing here...seems otherwise...
Agreed with you minitrader. Then we should accept all ppls comment in all counters. THIS IS OPEN FOR ALL MEMBERS, but someone like to show off then others comment kena shoot, highlight ppls as which group if u have different view.
No joke no fun usually nobody knows market sentiments only guessing.If you know what a big boy play belakang,we are all becoming Millionair,agreed or not?
Means here have a lots of hidden users and they knew what is the game rules. I will be a hidden users better than replied to those funny funny things ..
Kenanga said predicted div is 23.9 cent in 2013 translate 6% at RM 3.98 (fair value). Plus you get RM0.48 capital repayment. See if re-rating for Magnum is possible next year. But I am sure magnum is better than ASTRO and FGV stock that with low div.
Buying MPHB is like in a stable relationship . Stable , boring , but predictably profitable--- baring post election turmoil .Buying KNM is like having an affair . Always fresh and exciting,,,,,, .I should know better . Just took a haircut of 60% ,,,,, . Still feel the pain there,,,,
The MPHB price drop due to potential delay/ derailed news. 1) AmSecurities "In any case, we believe that delays are inevitable" (https://www.amesecurities.com.my/gc/download/Multi-Purpose%20Holdings%20121213.pdf) 2) Alliance say "Should MPHB not able to obtain all clear from the regulatior by this month, we expect the listing of MPHB Cap to be deferred from 1Q2013 to 2Q2013."
From trading pattern I can see big selling in >3200 units today. I don't know if the big fish want to depress the price first and accumulate. It does not make sense since they face difficulty to collect shares back when good news emerges(demerger perfectly on track), unless they sell to own accounts - I think unlikely since illegal. And, maybe some hedge fund just follow their exit strategy. Big players are also buying but very much less than selling volume. The risk is high now. A sudden bad news will likely cause more selling, a good news cause otherwise. Difficult to predict now.
whilst its still uncertain, its the non-denial from management that is spooking the market! read the first paragraph. MPHB rise all these while is because of the upcoming demerger!
the fear and selling is logical!
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- Yesterday, rumours were circulating that Multi-Purpose Holdings Bhd's (MPHB) proposed demerger exercise could be called off. After checking with management, we understand that the group is trying to find a solution.
- Recall that recently, MPHB announced that the Securities Commission had approved the group's proposed offer for sale and listing of MPHB Capital.
- However, the approval came with conditions. These include requiring MPHB Capital to conduct an independent valuation of the property assets and comply with the requirements of the equity and prospectus guidelines.
- The Board of Directors of MPHB said that they would review the conditions and an appropriate announcement would be made in due course.
- In the best case scenario, we reckon that the demerger exercise would still go through.
- However, there may be a delay to the timeline of the completion as it would take time to undertake an independent valuation of the property assets.
- The worst case scenario would be if the entire exercise is called off.
- The issue with the property assets being injected at the market price into MPHB Capital is that the listing PE may be more expensive.
- Hence, we wonder if it would be possible for MPHB to inject the property assets into MPHB Capital at the market price but still keep the indicative IPO price of RM1.00/share.
- This would maintain the listing PE at 14.2x FY11 earnings. However, the implied P/BV would be lower than the current 0.7x. MPHB Capital's earnings would come mainly from the insurance division.
- In any case, we believe that delays are inevitable. This is because it would take time to decide on the next course of action. Maintain a HOLD on MPHB.
If the worst case scenario occurs plus in the near election time, I wonder it can sustain previous price before demerger announcement. Analyst believes MPHB is committed to proceed. Just dont know when it can be done. This is the major issue.
Should go for business trust unit and not new IPO! Do like what Berjaya is doing in SGX. Inject the insurance business into the business trust would be a simpler way to me! Then the current listed gaming will still be a listed entity!
But yeah, the whole thing may still be called off due to that!
public bank say "At this juncture, the management is tight-lipped over whether they would proceed to revalue the assets or if they do, when it would be done."
"we do not discount the possibility of the deal being called off"
"However, we believe that having come thus far, it is unlikely for MPHB to abandon the exercise over a minor hiccup."
Another condition "MPHB Capital Berhad (“MPHB Capital”) to rationalise its non-financial services businesses within 3 years from the date of completion of the restructuring of the MPHB Group".
According to dictionary rationalise = weed out unwanted or unnecessary things
dont have 4D outlet la. today's environment earn not as big as in the 90s when license freezed. you open one 4D shop in any town, and if you monopoly in the town, banyak untung ooo...today, i heard even online can do with other gaming companies also. how to cari makan? hehehehehe
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hoohaa
307 posts
Posted by hoohaa > 2012-11-29 11:56 | Report Abuse
hmm enough already. my view on MPHB is quite stable since price was at 3.12 back in August. the drop and increase of MPHB is very consistent and has been on an uptrend movement since the demerging news. My TP was RM 4.00 and has not changed since plus dividend issued and has been managed well. thank you :)