Posted by k3nthiew > 2019-11-01 09:16 | Report Abuse

Armada fly from 15 to 45 now and cold eye bot around 20, i believe muiind will fly too very soon!!

Posted by TianTianHuat > 2019-11-01 10:10 |

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Posted by TianTianHuat > 2019-11-01 10:10 |

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Posted by Peter2357 > 2019-11-02 22:11 | Report Abuse

not too late for PMC but only got few sellers at 15cts

Posted by Peter2357 > 2019-11-02 22:12 | Report Abuse

PMC confirmed declared dividend at .005 cts

Posted by calvintaneng > 2019-11-04 11:58 | Report Abuse

Yes

MUI ind will get the lion shares of Pm Corp dividend as it owns 70% of cash rich pm Corp

Both mui ind and Muiprop are undervalue

For fast gain go muiprop. For longer term mui ind as London corus sale will unlock value

Posted by maytehpg > 2019-11-04 13:41 | Report Abuse

nice on muiind

Posted by TianTianHuat > 2019-11-04 20:53 |

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Posted by enigmatic ¯\_(ツ)_/¯ > 2019-11-04 22:39 | Report Abuse

I thought Fong Siling (Coldeye) only buys stocks with sound fundamentals?

How is investing in MUIndustries a form of value investing?!

Posted by aikinlai > 2019-11-05 13:47 | Report Abuse

Ask him to show whole page of the report ...it may simply cut n paste from other counter...lol.

Posted by TianTianHuat > 2019-11-05 23:26 |

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Posted by TianTianHuat > 2019-11-06 12:51 |

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Posted by TianTianHuat > 2019-11-06 12:54 |

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Posted by TianTianHuat > 2019-11-06 16:50 |

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Posted by TianTianHuat > 2019-11-15 16:52 |

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Posted by chanky50 > 2019-11-18 22:33 | Report Abuse

Mui Cash in hand Rm241million, borrowing Rm115m, net cash=Rm126m. If can sell Corus Hyde Park London for Rm1.0billion. Total cash=1.126b. That is 38.4 sens per share. Mui is selling at only 20 sens. Excluding Corus Hyde Park Mui still has 7 more hotel in UK and another two corus hotels in Malaysia. Mui has other landed properties in Malaysia, Singapore, Hong Kong, Australia and the US. Mui holds Laura Ashley London and Metrojaya Malaysia. Mui is a major shareholder in PMC, PMH and Mui Property. You can buy Mui for 20 sens only. I remember Calvin has an article on Mui quite sometimes ago.

Posted by chanky50 > 2019-11-18 22:43 | Report Abuse

In April Mui appointed Rothschild & Sons UK as its adviser on the sale of Corus Hotel Hyde Park. 6 months has passed since then, just wonder what is the progress now. But for sure Mui will fly at the opening bell once the sale is announced.

Posted by chanky50 > 2019-11-18 22:51 | Report Abuse

In 2014, the Edge reported that Mui was seeking to divest Corus Hyde Park for 200 million pound (Rm1.06 billion)

Posted by FoolsGold > 2019-11-18 23:05 | Report Abuse

chanky50, sorry to burst your bubble, total borrowing is rm822 m NOT rm115m
refer note 25 of notes to fin. statement jun 2019

chanky50 Mui Cash in hand Rm241million, borrowing Rm115m, net cash=Rm126m.

Posted by FoolsGold > 2019-11-18 23:11 | Report Abuse

Share capital is 3,152,866,000

Posted by FoolsGold > 2019-11-18 23:24 | Report Abuse

other items to note :

NON-CURRENT ASSETS
Inventories : 35,263,000
Goodwill on consolidation : 25,179 ,000

CURRENT ASSETS
Inventories 162,814,000
Trade and other receivables 126,994,000

what is the qty of these assets ?

Posted by icecreamsoda > 2019-11-18 23:28 | Report Abuse

Very highly geared that result to high finance costs.

Posted by chanky50 > 2019-11-19 10:14 | Report Abuse

FoolsGold : you are right. From the Annual Report 2019 released on 31/10/2019 which I have overlooked ( I received the report with CD only this morning, really, just now only from the postman) but I could have gone to the Bursa website to get it on 31/10, total borrowing is indeed Rm822m.

So my figure of Rm115m is from where? I got it from the quarterly report for quarter ending 30/6/2019 released by Mui on 30/8/2019. I don't understand why there is such a great discrepancy of Rm707m in borrowing? I am still cracking my head, but figures from the annual report for the AGM must be the correct figures. Thank you for pointing out the mistake. It is a sin to mislead any forum participant. Thank you.

Posted by chanky50 > 2019-11-19 10:17 | Report Abuse

The ending financial date for both the quarterly and annual report is the same, 30/6/2019.

Posted by chanky50 > 2019-11-19 10:24 | Report Abuse

In case I cannot figure out the reason for the discrepancy, I may need to ask them during the AGM on 11/12/2019 at Port Dickson.

Posted by amosbglim > 2019-11-20 10:40 | Report Abuse

https://www.malaymail.com/news/malaysia/2019/11/20/report-putrajayas-proposed-new-economic-corridor-could-revive-hsr-project-s/1811552

Posted by TianTianHuat > 2019-11-20 17:31 |

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Posted by TianTianHuat > 2019-11-20 20:27 |

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Posted by Jeffreyteck > 2019-11-22 08:54 | Report Abuse

Somehow major SHs are rich but minority are poorer due to dropping prices.

Posted by TianTianHuat > 2019-11-25 14:39 |

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Posted by TianTianHuat > 2019-11-29 18:06 |

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Posted by calvintaneng > 2019-12-01 23:48 | Report Abuse

Andrew Khoo should just reduce the price of London Corus hotel and dispose it faster

This will bring life into Mui ind immediately

Mui bhd might even go limit up

Posted by Victor Yong > 2019-12-02 10:27 | Report Abuse

mui had slashed operating and admin exp based on the results released.. profitable already.

Posted by Victor Yong > 2019-12-02 10:27 | Report Abuse

read the financial statements, good buy now

Posted by Victor Yong > 2019-12-02 10:58 | Report Abuse

a major breakthrough for Q1, 2020

The Group recorded a higher revenue of RM97.4 million and a PBT of RM0.6 million in the current quarter compared with a revenue of RM90.1 million and a LBT of RM77.9 million in the preceding quarter.

Posted by Victor Yong > 2019-12-02 11:00 | Report Abuse

mui will benefit a lot through its subsi, muiprop, major project in NS.

Report: Putrajaya’s proposed new economic corridor could revive HSR project sooner
Wednesday, 20 Nov 2019 10:20 AM MYT

BY R. LOHESWAR

Johor Immigration Director Baharuddin Tahir briefs Prime Minister Tun Dr Mahathir Mohamad during a site visit to the Sultan Iskandar (BSI) Customs, Immigration and Quarantine (CIQ) Complex in Johor Baru October 31, 2019. — Bernama pic
Johor Immigration Director Baharuddin Tahir briefs Prime Minister Tun Dr Mahathir Mohamad during a site visit to the Sultan Iskandar (BSI) Customs, Immigration and Quarantine (CIQ) Complex in Johor Baru October 31, 2019. — Bernama pic
KUALA LUMPUR, Nov 20 — The federal government could resume the postponed high-speed rail (HSR) project with Singapore sooner than expected if a new planned development blueprint is passed by the national Economic Action Council (EAC), according to The Straits Times (ST)

Citing anonymous government officials, the Singapore daily said the new plan aims to create a network of economic centres stretching from Bandar Malaysia — the Malaysian end of the shelved HSR project — here all the way south to Johor.



–– ADVERTISEMENT ––


Sources told ST the NEC could begin as early as next year if it gets the green light from the EAC, chaired by Prime Minister Tun Dr Mahathir Mohamad.

“The technical assessment is nearly complete, but the commercial one is the actual test, as the economic viability of the project must be justified,” a top Putrajaya official told ST on condition of anonymity.


The plan is still in its infancy and remains hush-hush; it has currently been given the working name New Economic Corridor (NEC).


ADVERTISING

inRead invented by Teads

If the plan goes through, it would connect existing developed centres like the Aeropolis around the Kuala Lumpur International Airport, the Vision Valley industrial park in Negri Sembilan, Iskandar Malaysia in Johor and smaller towns across the west coast of the peninsula as well as the central interior region to grow their potential.

Economic Affairs Minister Datuk Seri Azmin Ali had hinted at this new project during the recent Tanjung Piai by-election when he announced plans to create new development “nuclei” beyond the Klang Valley and other cities that can be new engines of economic growth.

The HSR, shelved for two years due to is prohibitive RM110 billion cost, will be coming up again for bilateral discussion between Malaysia and Singapore on May 31.

Government sources also told ST that Putrajaya has been looking at ways to trim the project, with land acquisition and station design identified as key areas where cost can be reduced.

“Many of the stops were allocated more than S$100 million (RM305.6 million) and we believe we can more than halve the amount,” a source was quoted as saying.

A spokesman for Singapore’s Ministry of Transport told ST that Putrajaya requested that both sides discuss the way forward for the HSR project during the suspension period, with the aim of reducing costs.

“Singapore has not received any formal proposals from Malaysia on the HSR project to date,” the spokesman added.

Posted by Victor Yong > 2019-12-02 13:37 | Report Abuse

otw :)


https://www.theedgemarkets.com/article/mui-heir-selling-corus-hotel-hyde-park-help-turn-around-group

Posted by Good123 > 2019-12-02 14:46 | Report Abuse

anytime corus hotel UK could be announced sold, share price will rise like crazy, double or triple

Posted by TianTianHuat > 2019-12-03 16:57 |

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Posted by TianTianHuat > 2019-12-03 16:57 |

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Posted by TianTianHuat > 2019-12-06 14:53 |

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Posted by Victor Yong > 2019-12-09 19:41 | Report Abuse

dah beritau few days earlier, sudah naik sekarang :)

Posted by thesteward > 2019-12-09 21:40 | Report Abuse

Muiind can start watching hope can get cny Ang pow

Posted by thesteward > 2019-12-10 19:26 | Report Abuse

Mui Mui cny Ang pow come soon . 2020 hope got some good news for Mui Mui chai

Posted by rivter > 2019-12-11 10:52 | Report Abuse

morning got key in 0.205 500lot ~hope can get ya~~ pobi pobi

Posted by k3nthiew > 2019-12-11 11:47 | Report Abuse

Anyone going AGM today??

Posted by icecreamsoda > 2019-12-12 14:20 | Report Abuse

Any updates on the disposal of Corus Hyde Park shared in the AGM?

Posted by k3nthiew > 2019-12-12 15:58 | Report Abuse

Director confirm that there will be an EGM to seek shareholders approval on Corus Hyde Park disposal. Hopefully have surprise on the disposal ;)

Posted by stncws > 2019-12-12 15:59 | Report Abuse

GOOD

Posted by multi530 > 2019-12-12 20:42 | Report Abuse

but why price dropped ?