Posted by calvintaneng > 2016-02-17 10:35 | Report Abuse

Take 5 figure profit?

Wait for 6 or 7 figure profit lah!

Like those who bought Pm Corp at 9 cents.

Those who sold Pm Corp at 12 cents really regretted later when Pm Corp rose to 30 cents!

Posted by calvintaneng > 2016-02-17 10:38 | Report Abuse

Paperplane2016

Debt is backed by colossal assets.

Just selling off Mudajaya & Aveo shares plus Cash can settle debts already!

Remember Mulpha's LEISURE FARM LANDS STILL AT OLD BOOK VALUE OF Rm8.50

THERE IS VERY DEEP VALUE IN MULPHA

Posted by volks2 > 2016-02-17 10:40 | Report Abuse

I think becoz of the right issue news, the boss purposely want to push up the share price to make it looks attractive. maybe it will go up to 35 cents and come down again.

Posted by calvintaneng > 2016-02-17 10:42 | Report Abuse

TOP BOSS MR LEE BOUGHT 40 MILLION MULPHA SHARES AT 46 CENTS.

Anything below 30 cents is dirt cheap!

Posted by i4investor > 2016-02-17 11:13 | Report Abuse

property stock still can perform? who want to buy the property?

Posted by i4investor > 2016-02-17 11:14 | Report Abuse

I think they more intention to sell stock to gain instead of sell the property...gorreng stock better than property, easy money

Posted by calvintaneng > 2016-02-17 11:15 | Report Abuse

ALL SINGAPOEANS MILLIONAIRES AND FOREIGN MILLIONAIRES ARE BUYING LEISURE FARM BUNGALOWS!

Just call Mulpha Office and check!

Posted by i4investor > 2016-02-17 11:15 | Report Abuse

just make the good news...bla bla bla...start the fire...then a lot kaki goring came here and play...at last burn...

Posted by i4investor > 2016-02-17 11:18 | Report Abuse

wah...a lot discount of the bungalows? how much average per unit?

Posted by calvintaneng > 2016-02-17 11:18 | Report Abuse

Let's Sing MULPHA THEME SONG

Lyrics by Calvin Tan
Music from "EDELWEISS" IN SOUND OF MUSIC

LEISURE FARM, LEISURE FARM;
Every morning you greet me.
On green hill fresh as spring:
You look happy to meet me.
Eden of God may you bloom and grow
Bloom and grow for ever
Leisure Farm, Leisure Farm
Bless my homeland for ever

Posted by i4investor > 2016-02-17 11:20 | Report Abuse

but I feel the property market still very very slow...a lot companies give huge discount, don't know after discount, they can profit or not...like don't want stock, just want cash

Posted by Timie > 2016-02-17 11:21 | Report Abuse

It's coming...

Posted by calvintaneng > 2016-02-17 11:25 | Report Abuse

Yes,

other properties very slow, correct.

MULPHA'S LEISURE FARM?

TELL YOU ONE BIG SECRET!

SUPER RICH ARE FEARFUL. VERY FEARFUL. MILLIONS OF VERY RICH CHINESE ARE BUYING UP PROPERTIES IN LONDON, NEW YORK, SYDNEY TO PARK THEIR MONIES FOR SAFETY.

AND LEISURE FARM BUNGALOWS MEET THEIR NEEDS AND CRITERIA. AND MANY RICH SINGAPOREANS THINK THE SAME WAY.

REAL ESTATES ARE REAL. MONEY PRINTING WILL DESTROY THE VALUE OF PAPER MONEY.

SO RICH MILLIONAIRES ARE BUYING REAL ESTATES IN LEISURE FARM

So now YOU KNOW?

Go switch your shares to safety of Mulpha Now!

Posted by calvintaneng > 2016-02-17 11:35 | Report Abuse

SEE LATEST NEWS FROM EDGEDAILY ONLINE

MULPHA'S LANDS ARE TWICE MORE VALUABLE THAN UEMS'

Updated: 11:15, 17 Feb'16GAMUDA-WR 0.395 +0.025MMAG 0.065 0.00COMPUGT 0.050 +0.005SKH 0.090 -0.005HUBLINE 0.010 0.00VIVOCOM 0.250 -0.01UEMS 1.030 +0.07HSI-C14 0.280 +0.01TIGER 0.050 0.00MULPHA 0.290 +0.03NEXGRAM 0.075 +0.005IFCAMSC 0.775 0.00WCT-WC 0.010 -0.01PESONA 0.405 0.00APFT 0.195 -0.005AAX 0.250 +0.01SKPETRO 1.900 -0.06HSI-HQ 0.450 0.00VIVOCOM-WB 0.090 -0.005HWGB 0.100 +0.015Updated: 11:15, 17 Feb'16GAMUDA-WR 0.395 +0.025MMAG 0.065 0.00COMPUGT 0.050 +0.005SKH 0.090 -0.005HUBLINE 0.010 0.00VIVOCOM 0.250 -0.01UEMS 1.030 +0.07HSI-C14 0.280 +0.01TIGER 0.050 0.00MULPHA 0.290 +0.03NEXGRAM 0.075 +0.005IFCAMSC 0.775 0.00WCT-WC 0.010 -0.01PESONA 0.405 0.00APFT 0.195 -0.005AAX 0.250 +0.01SKPETRO 1.900 -0.06HSI-HQ 0.450 0.00VIVOCOM-WB 0.090 -0.005HWGB 0.100 +0.015

LATEST NEWS, CORPORATE
Hot Stocks
UEM Sunrise, Mulpha shares rise on JV for RM5b development
By Chester Tay / theedgemarkets.com | February 17, 2016 : 11:05 AM MYT
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KUALA LUMPUR (Feb 17): UEM Sunrise Bhd and Mulpha International Bhd saw their share prices rose as high as 6.25% and 9.62% respectively on a joint venture (JV) to develop three parcels of land in Nusajaya, Johor, which will have a combined gross development value (GDV) of RM5 billion.

At 10:30am, UEM Sunrise pared gains to trade at RM1.01, up five sen or 5.21%, with 12.88 million shares done; it was the fifth most actively traded counter. Mulpha also retreated to 28 sen, up two sen or 7.69%, with 9.61 million shares traded; it was the twelfth most actively traded counter.

Both parties inked the JV agreement yesterday, and UEM Sunrise managing director cum chief executive officer Anwar Syahrin Abdul Ajib said the 50:50 JV company will be developing the three parcels of land over 20 years.

Two parcels of land, which currently belong to UEM Sunrise, measure 129.79 acres in total. The development of the land, which is located next to Mulpha's Leisure Farm gated development, will be led by Mulpha.

Meanwhile, the remaining parcel of 65.48-acre land, located near Gerbang Nusajaya, will be developed by UEM Sunrise.

Planning for the development will commence in the second half of 2016, with Phase 1 of the project, having a GDV of RM150 million, expected to be launched in 2018.

The JV follows the two companies' maiden collaboration in May 2014, which saw UEM Sunrise and Mulpha's respective subsidiaries Nusajaya Rise Sdn Bhd and Leisure Farm Corp Sdn Bhd building and upgrading three sets of road works in Iskandar Malaysia.

Meanwhile, Hong Leong IB Research has upgraded UEM Sunrise to "hold" (from "sell") with an unchanged target price of 94 sen after UEM Sunrise entered into a JV agreement with Mulpha International to jointly develop 231-acre (140 acres owned by UEM Sunrise and the remaining 91 acres owned by Mulpha) freehold land located in Gerbang Nusajaya (near the Leisure Farm Resort) on the basis of 50:50 equity stake.

In a note today, the research house said with the base price indication, the UEM Sunrise land is valued at RM52 per square foot (psf) while Mulpha's land is valued at RM110 psf (based on net development area of 65 acres).

It said the difference in valuation is mainly due to the status of land title, ie UEM Sunrise's lands are still held under agricultural titles while Mulpha's lands are already converted to commercial parcels.

"We estimate this JV development to result in an effective NPV of RM93 million to UEM Sunrise. Overall, neutral impact to RNAV.

"Given the recent retracement of UEM Sunrise's share price that is already close to our target price, we upgrade the stock from 'sell' to 'hold' with unchanged target price of 94 sen," it said.

Posted by Timie > 2016-02-17 13:32 | Report Abuse

http://klse.i3investor.com/blogs/PublicInvest/91387.jsp

Posted by leadership > 2016-02-17 14:46 | Report Abuse

Wow. The final Sale proceeds from the disposal of LFC land is RM499,861,480 and not RM$312,677,210 (which is the based purchase price before escalation)

Posted by leadership > 2016-02-17 15:13 | Report Abuse

By the way, what woud be the indicative market price of Mulpha once the rights shares are listed?

Posted by Johnsonwong > 2016-02-17 16:19 | Report Abuse

No dividend record. Bad

Posted by Johnsonwong > 2016-02-17 16:23 | Report Abuse

Even twice more valuable than uems still useless, at least uems giv dividend but mulpha never in record

Posted by Orson Chin > 2016-02-17 16:36 | Report Abuse

U ask ur father or ur grandfather. See what their comment for mulpha.... Hehehehe

Posted by Timie > 2016-02-17 17:05 | Report Abuse

Strong BUY signal

Posted by supermix2 > 2016-02-17 17:18 | Report Abuse

Thank you brother calvintaneng for your recommendation and today I bought me a few containers of it at different price levels. Let's hope for the best to come. Cheers brother calvintaneng & thanks once again.

Posted by Kuroda > 2016-02-17 19:04 | Report Abuse

Calvin, you did good job for this stock. I love Mulpha.

Posted by nemesis > 2016-02-17 19:43 | Report Abuse

I will never buy mulpha till they are willing to share with shareholders by giving dividend...Pls don forget its is very very high gearing with 1.7 billion net debt...I m sure after tis right issue, they will surely exercise right issue again to repay its high borrowing soon...So in the end its shares are always diluted n low value...Mulpha is the worst company ever listed in Bursa...U don ve to trust me...Just watch n see...profit improving but u won't get any dividend forever as they always need to settle their high borrowing with the cash flow fm operation...

Posted by Desa20201956 > 2016-02-17 19:54 | Report Abuse

Nemesis is right.

Leopard doesn't change it's spot.


They control Mulpha with < 5% share......why should they give you dividend.?

Posted by nemesis > 2016-02-17 20:21 | Report Abuse

When u buy Mulpha u are gonna carry n shoulder their 1.7 bil net debt...BUT it's asset they definitely won't share wit u...Tis is evident when they sold its Hilton hotel in Melbourne, not a single cent was given back to shareholders as reward...Not even a single dividend or special payment...In fact Right issue is the greatest sign of a balance sheet weakness...A good company will never ask for Right issue or private placement...1.7 billion net debt is a huge borrowing just imagine how much interest need to pay per year...It's management under Lee Sent Huang is really selfish n cunning...U buy mulpha u only get debt burden...all of its asset n profits is for the management to enjoy NOT u....

Posted by Desa20201956 > 2016-02-17 20:24 | Report Abuse

all of its asset n profits is for the management to enjoy NOT u....
......for their holidays.

Posted by calvintaneng > 2016-02-17 20:56 | Report Abuse

Supermix2, Kuroda, Timie and all happy Mulpha Shareholders,

A happy day indeed.

To see Mulpha up on strong volume.

Helped by both Star & NST Report on UEMS & Mulpha Rm5 Billions JV.

Please trade carefully. We hope genuine investors join us.

But be prepared for contra players and weak holders.

So please trade carefully.

Regards,

Calvin


Note:

If good stocks are not promoted bad stocks will be. All Calvin recommended stocks have High NTA with Huge Margin of safety.

Posted by shortinvestor77 > 2016-02-17 21:04 | Report Abuse

It is a culture for traders to trade any stocks whether it is good and fundamental or not.

Posted by shortinvestor77 > 2016-02-17 21:06 | Report Abuse

Nemesis comment is right. There are many trees in a jungle, don't need to burn the whole jungle just for a tree.

Posted by nemesis > 2016-02-17 21:15 | Report Abuse

How are they gonna settle its high borrowing? It is by using back ur fresh money to settle it next time...So I m very very very SURE another right issue will happen again maybe 1 or 2 yrs from now...be prepared...total cash got 500 mil +++...total borrowing 2.3 billion +++...U need to figure out n tell me...

Posted by calvintaneng > 2016-02-17 22:19 | Report Abuse

How Mulpha gonna settle borrowings?

Very simple question to answer

Go See Mudajaya Top 30 shares holders. Mulpha has Rm140 millions there.
Then go to AVEO website in Australia. See Mulpha got Rm1.2 billions

So Mulpha can sell these shares worth Rm1.34 billions

Debt Rm2.3 billions minus Cash Rm500 million = Rm1.8 billions

Rm1.8 billions minus Shares which can be sold Rm1.34 billions

= Rm460 millions debt

Still got Rm460 millions debt? Then how?

Just sell one Sydney Hotel Worth Rm500 Millions lah

So Mulpha will be debt free?

Then Mulpha Still Got What?

Got Many Valuable Assets in Australia & Malaysia.

Hmm? Let's SEE!

Mulpha got 374.25 Hectare lands in LEISURE FARM!

1 Hectare = 2.471 acres. So 374.25 = 924.77 acres

Now convert acre to sq ft = 924.77 x 43560 = 40,283,057 sq ft lands

So Leisure Farm got 40,283,057 sq ft land.

Manage said Current land value is Rm200 psf

So 40,283,057 x Rm200 = Astounding Rm8.05 Billions!

That's it!

Now You Know how valuable Mulpha's NTA is.

So why are you so afraid of Rm2.3 billions debt?

If you don't study property better stay out of the share market.

NOW. Calvin metioned a Trilogy of 3 Penny Stocks

Pm Corp giving out money

Mulpha asking for money.

The Last one is Mp Corp. Mp Corp being sued for money.

Pm Corp = Power Money Corp

Mp Corp = Money Power Corp

Calvin is bullish on MP CORP - the one being sued for money!

Watch Out For Coming Post on

MP CORP (6548) THE AMAZING UNDERVALUED ISKANDAR PROPERTY STOCK

Coming to i3 Investors' Forum

STAY TUNED FOR MORE.........

Regards,

Calvin

GONG XI FA CAI

Posted by nemesis > 2016-02-17 22:31 | Report Abuse

Haha...Calvin don be so naive...u think they are so stupid to sell building assets or their stakeholding to pare down its high gearing ahhh...NO they won't, they will just use its high gearing reason to ask more fresh fund fm shareholders to settle debts...i donno how much mulpha shares u 've acquired at low price tat is why u are promoting so hard so tat they will buy it fm you at high price...u only tell the good things about Mulpha BUT u din even dig out its most ugly side at all...

Posted by calvintaneng > 2016-02-17 23:55 | Report Abuse

Leopards won't change spots? Neither naysayers will change their naysaying ways nor doubters give up their doubts. So forsake the foolish and live.

ATTENTION ALL SUCCESSFUL MULPHA INVESTORS!

CALVIN IS MOVING ON TO ANOTHER VERY UNDERVALUE ISKANDAR STOCK

MP CORP = MONEY POWER CORP!!

SEE YOU THERE!

Regards,
Calvin

Posted by kappajey > 2016-02-18 09:27 | Report Abuse

Lol seems all calvin fans followed him and made this a one day show.

Posted by firehawk > 2016-02-18 10:00 | Report Abuse

retailers can only perform 1-day-show?

Posted by calvintaneng > 2016-02-18 10:26 | Report Abuse

No one day show.
Wait for stale bull selling subside first.

Mulpha already up 20% from 25 cts.

SEE after Pm Corp goes up from 15 cts to 30 cts price fluctuates. But finally still hold firm at 30 cts - Up 100%

Posted by anti_debt > 2016-02-18 10:42 | Report Abuse

One day show for you to run. If good why need your money(right issue)?

Posted by albukhary > 2016-02-18 14:27 | Report Abuse

follow hng33, you will never regret!
10% profit is better than losses.
Don't be greedy!

Posted by hng33 > 2016-02-18 14:48 | Report Abuse

albukhary

I'm waiting for Mulpha right to subscribe mulpha right share to re-enter back if there is arbitrary gap

Posted by Parkson > 2016-02-18 23:13 | Report Abuse

As long as RI not complete don't expect big jump o/w you need to come out more money for RI. Sell Mulpha to buy OR is better strategy.

Posted by chinaman > 2016-02-19 09:01 | Report Abuse

AirAsia debt is 13 billion. AAX debt is 1.2 billion. This debt is worse than MULPHA. but, no one do this comparison. the main weakness of Mulpha is very poor public relations, brand building versus AA. Airasia is very successful because of strong branding. MULPHA keep proving profit results with growth expansion into Australia, the largest builder with largest acreage lands in Australia. No other local developers can match this feat-no even Ecoworld, SPSetia, UEMS.

Posted by hng33 > 2016-02-19 10:27 | Report Abuse

chinaman

There is no doubt about Mulpha immerse value embedded, but the more pressing issue for retail investor is how and when can profit from these stock, hold for short, medium or longer term.....The upcoming right issue at 25sen is great opptunity to trade and profit.

Of course, we can continue hold exiting stock while opt to subscribe even more right share. But as retail investor, we have limited capital, and strategy on how to optimize our capital to most efficient and effective is our homework.

Generally, underlying share will under pressure once right share (Mulpha OR) is listed and arbitrary gap exit whereby existing shareholder offer alternative to right for cheaper exposure. These is particular as Mulpha right issue share is 25sen, close to underlying share price and absence of goodies like free warrant resulting Mulpha OR could only fetch just few sen......pose great opportunity to re-enter for trading and capitalize on arbitrary gap.

Posted by iryn2001 > 2016-02-19 16:26 | Report Abuse

3905 MULPHA MULPHA INTERNATIONAL BHD
MATERIAL LITIGATION

MATERIAL LITIGATIONMulpha International Bhd ("MIB") vs Mula Holdings Sdn Bhd, Bestari Sepang SdnBhd, Spanstead Sdn Bhd and Seri Ehsan (Sepang) Sdn BhdYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


18/02/2016 07:00 AM


Ref Code: 201602183000230

Posted by chinaman > 2016-02-23 14:25 | Report Abuse

The expected gain to the Mulpha group arising from the disposal of the LFC Lands based on the carrying value of RM16,612,586 as at 31 December 2014 (latest audited financial statement) and:

(a) the Base Land Price of RM312,677,210 is RM296,064,624;

(b) the maximum value consideration of RM499,861,480 is RM483,248,894.

Posted by firehawk > 2016-02-25 15:51 | Report Abuse

those sold last week is smiling now .... those bot last week according to expert advice hv to hold for long term, or they will loss if selling now ......

Posted by Orson Chin > 2016-02-25 21:10 | Report Abuse

Who care the analysis. We only care is the share price !

Posted by chinaman > 2016-02-26 09:33 | Report Abuse

MULPHA declare MYR160 Million profit for whole 2015… its an amazing result again during economy downturn
Total interest payment is myr113 Million for 2015.
If MULPHA can get better lower interest rate or reduce loans…
Profit will be SUPER…profit reduced by myr113 Million due to high interest cost
thus, the right issue to reduce loan is paramount

Posted by Peacekeeper > 2016-02-26 10:21 | Report Abuse

Wow..

Posted by firehawk > 2016-02-26 10:38 | Report Abuse

ought to declare good result before RI :-)