Well done Calvin, I am really very crazy on mulpha now. I don't know whether I can collect at price 0.455 or not. Anyway, going to increase my shareholding on Mulpha. Sell my YTL today and queeing mulpha @ 0.455.
Mulpha is a good proxy play of Iskandar Development region because of LFC.It is also a proxy play for the Australia property market and a high beta stock.What puzzled me is why there are so many sellers once the share price went up,just a bit?Is it possible Hedge funds like Goldman Sachs still selling? They should have sold all in 2012! May be we have to give Mulpha more time to unlock values to their assets.
I think insider still want to collect cheap around this price level. those with holding power definitely see this as opportunity to add more. Of course, those been trapped for years might see this as opportunity to sell as they might feel invest in others may create more value. Anyway, must have some like to eat apple but some don't. Just believe what you believe.
"There can be miracles when you believe Though hope is frail, it's hard to kill Who knows what miracles you can achieve When you believe, somehow you will You will when you believe" I really like this song. "when you believe"
uchitech008, you are right!Many people bought around 64~ 68 way back in 2011-2012.May be they were very frustrated because it didn't moved and out of frustration they sold and switched to other counters while those who know its true value collect slowly and quietly.....
huge volume spread, when price goes up a little, sellers move in and dampen the outlook. Strange thing is when counter is as good as it has been written, why still laggard so long? Others at the first hint of 'hot' news, would have shot up already
You must understand Mulpha Main sharehoders are very strong holders and market player. They will squeeze out ALL the weak holders before they move the counter. On the other hand, with all the quality Assets in Mulpha, another theory is that the Main Shareholder to take Mulpha PRIVATE. This may still be good as Mulpha NTA is RM1.07 !!! Well anyway looks as if its moving UP nicely!
I like Mulpha to increase slowly but steadily instead of skyrocket. Now, actually, Mulpha indirectly telling you u to buy the shares as early as possible. with 0.05 cent increment this few days, telling you your entry cost will be 0.05 cheaper than today. so, the earlier you buy, the more u get the discount. Like what I said earlier, just enjoy buying a piece of small bungalow land in leisure farm at early bird discount and will be rewarded soon.
hi xingdayun, can share your experience? your avg price is high? what makes you continue to hold? And will you sell all your mulpha shares when it's getting higher later this week, OR continue to keep?
I am worried on this counter..... yes... large landbank.... also huge debt.... poor management..... how can a developer losing money for the past 4-5 years? what the hell are they doing.... worry later Par reduction, issue right... etc.... Ecoworld different, management team from SP,
I've just joined I3investor a few days ago after being awestruck by your accurate and immensely interesting posts. Today, I bought Mulpha @0.475 after finally quitting my hesitation about Mulpa since yesterday. In your most sincere opinion, would it be too high?
Mulpha was among the first Stocks I bought 20 years ago between RM4.20 to RM4.50 in year 1994. At this depressed price of 47.5 cts Mulpha is certainly inexpensive.
I have already stated that Mulpha is selling below 52 cts in Value to CASH & INVESTMENTS.
Moreover, there is another RM3.80 if LEISURE FARM is Sold As Raw Lands at RM200 psf.
And If Fully Developed Into Semi Dees of 3,200 sq ft at RM2.5 Millions a unit LEISURE FARM Has A Potential To Unlock Up To RM14.00 per share.
Then There is Another Total of Over RM1.5 Billions in Other Lands in Penang Mainland, Damansara Height, many Hotels and Offices in Australia, HK & Vietman
Mulpha is A Share Selling VERY FAR BELOW INTRINSIC VALUE. So It Has VERY HIGH MARGIN OF SAFETY. Rest assured you are Buying Near ROCK BOTTOM PRICE
Posted by wiseeye > Jun 21, 2014 03:46 PM | Report Abuse
If you have yet to know calvintaneng, he's infamous for giving misleading analysis and false news to people in many threads by way of badmouthing a particular stock and telling people to buy the stock he owns. He's been doing that countless times in many threads. I'm not badmouthing him, but facts are all available from his history of comments.
Everybody Can Check & Verify For Yourselves by Checking Up All My Postings on i3 Forum
I hate to boast. Because "Self Praise Is International Disgrace". But since I am challenged I will give my just defense:
1) PM Corp (First Posted On 20th Sept 2013 in PM Corp Forum Site) I first called for a Strong Buy on PM Corp at 15 cts on 20/9/2013. Today PM Corp closed at 22.5 cts (Up 7.5 cts or 50%)
Warren Buffet's Berkshire Hathaway Achieved 25% Growth in One Year Peter Lynch's Magellan Did Better at 39% Gain A Year
PM Corp in Only 10 Months At 50% Gain Beat Both World Champion Funds!
2) SILK (January 2014) I recommended SILK at 40 Cts To Regain Choco Tread in January. SILK Has Skyrocketed to RM1.08 (Up 170% In 6 Months Only)
SILK IS AMONG TOP 10 GAINERS OUT OF 1,000 STOCKS IN BURSA FOR Year 2014!
3) ASB (Recommended to Regain Choco Tread at 14.5 cts) In Less Than 3 Weeks ASB SHOT UP LIKE A MISSILE TO TOUCH 27.5 Cts Up 89%
4) IPMUDA (76 Cts See My Comments at IPMUDA Forum Tread)
After Bonescythe posted his BOMB BOMB Comment. IPMUDA WENT LIMIT UP! Today IPMUDA CLosed at RM1.45 or Up A Whopping 90% in Only 2 months!
5) JAKS (51 Cts Recommended JAKS because of Langat 2) At 75 cts today closing JAKS is Up 47% in 3 months. Strangers I have never met SMS me to thank me for recommending JAKS to them.
6) PPG (52.5 cts. Now 65.5 cts. Up 24% in Only One Month!)
7) RCE CAPITAL (26 cts. Johor Buddies Followed Me To Buy Because Co Share Buy Back Pushed RCECAP To 35.5 cts. Up 36%)
8) MP CORP (I Recommended it at 39.5 cts. Price shot up to 53 cts. Now at 49 cts in spite of so many haters and attackers on this counter. Still up 24%!)
9) PASDEC (41 Cts) I Told Perak Corp people to switch to PASDEC Because I bought Perak Corp at only 60 cts. Perak Corp jumped 500% to RM3.00. Of Course Perak Corp still moved up to RM3.60 for a 20% gain. So? What if they took heed and Sold Perak Corp for Pasdec
Listen! PASDEC WENT DOUBLE LIMIT UP TO GAIN OVER 100% better than Perak Corp 20%
10) MULPHA (I recommended this to Regain Choco Tread at 43.5 cts) I didn't even tell my Johor Buddies to Buy First. Why? Because I felt sorry for Those Who Chased PM Corp up to 37 Cts - More Than Double The Price I first mentioned at 15 cts.
I NEVER ENCOURAGE RECKLESSNESS OR TELL PEOPLE TO GAP UP SHARES.
Now Today My JOHOR SIFU SMS ME WITH THESE WORDS,
"I BOUGHT MULPHA TODAY"
My JOHOR SIFU IS AS GOOD AS WARREN BUFFET. HIS ENDORSEMENT MAKES MY DAY!
Yes Calvin you've done a great job on Mulpha. Well done and keep it up!! As I have said before, Mulpha is the Dollar ($$$) note you are picking up at 40sen !!!
I think the best time to cash out is when most of the what so called professional analysts start promoting how good the counter is. normally, I find it really works. I might not sell the highest but surely will make the profit if sell it whrn the price hit record high each time. But, the most important in buying n selling is "trend". angry bird is so normal but founder know how to create trend in order to make everybody is so crazy on it. that's my way of investing.
Thank you all for your kind comments. I might not have all the answers as yet. Benjamin Graham advocates buying a Share Below Its Intrinsic Value & Only Sell It After It Has Gone Above Its Intrinsic Value.
I think 80% of the Market does not follow this principle in Investment. That's Why My JOHOR SIFU Has Made His Many Millions in buying Up Undervalued Shares.
One of them is Selangor Properties Berhad (SPB). At RM3.30 The Lady Boss was buying up SPB steadily & quietly while the Market chased popular stocks of the day. The reason to buy SPB was its Strategic & Valuable Land Banks in Damansara Heights which others overlooked. SPB has now doubled in price to cross RM6.70. Mulpha is another SPB in future.
Other Great Shares He Bought were Pintaras Jaya RM1.40 (Went up to RM7.00), Petronas Dagangan at RM4.50 (Exploded to RM30.00), Kossan at RM2.00, KPJ at RM1.90 (Major Shareholder) , Ajiya at RM1.00, Fima Corp (his favourite) at RM2.20. He is also the Top Pioneer Shareholders of ICap at launch of RM1.00 by TTB. He is a substantial shareholder of Keck Seng. He was the one who grilled KSeng Directors speechless. Too many Super Stocks he shared. I think if he posts he is above or at least equal to our KCChongNz or The Great Raider.
But when I first met My JOHOR SIFU I had a very totally different impression of him. He looked like a very poor fella who just came out from his job in washing floor in the wet market. His T Shirt looked cheap (bought from Pasar Malam) He wore short trouser bought from flea market & RM3 pair of cheap slippers. His entire out fit looked not more the RM50!
But When I spoke to him I later found out he has 300,000 shares in Litrak alone. Litrak is over RM3.00 a share. So in one counter alone he invested Over RM1 Millions. And he has many many other counters. He is So Fully Loaded That He Lives Carefree. On Yearly Dividend Alone He Gets 6 to 7 Figures Income. However, he is humble & bashful and shun all lime light. I am so happy to learn from My JOHOR SIFU. So don't judge a book by its cover.
Ha! I bought KPS at 42 Cts. He also bought KPS. We sold off KPS at RM1.20. But KPS went on to Cross RM3.90 to our chagrin. A 10 Bagger!
He also joined me buying BJ Corp at 12.5 cts. Later when he saw Goldman Sachs bought BJ Corp from 50 cts to RM1.00. He chased BJ Corp all the way from 50 cts to RM1.00. He fully loaded up on BJ Corp. When BJ Corp crosses he gave the signal to SELL ALL at RM1.50.
WOW BJ Corp Was My First 10 Baggers from 12.5 cts to RM1.50 - Up 1,000%. Peter Lynch of Magellan first taught us about 10 Bagger Stocks!
From his winnings in BJ Corp MY JOHOR SIFU Bought A Gleaming Toyota Camry and showed fellow buddies in OSK Johor!
Those were Great Fun Days & Learning Times For Me.
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....
calvintaneng
56,676 posts
Posted by calvintaneng > 2014-07-08 09:10 |
Post removed.Why?