MULPHA INTERNATIONAL BHD

KLSE (MYR): MULPHA (3905)

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Last Price

2.48

Today's Change

-0.01 (0.40%)

Day's Change

2.48 - 2.49

Trading Volume

3,700


14 people like this.

3,101 comment(s). Last comment by Siow Looi 2 weeks ago

TheContrarian

9,497 posts

Posted by TheContrarian > 2016-08-05 20:50 | Report Abuse

Angielim, I have been playing in the sharemarket since 1993, so from experience and gut feeling I made that call.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-08-06 00:56 | Report Abuse

TheContrarian , your feeling damn good, congraulation. you are awesome

ksle88

2 posts

Posted by ksle88 > 2016-08-09 15:41 | Report Abuse

too bad

sell

2,456 posts

Posted by sell > 2016-08-16 09:46 | Report Abuse

15 sen coming. Sell on strength.

poWoq

5 posts

Posted by poWoq > 2016-08-23 22:48 | Report Abuse

Soon it will be below RM0.20!

ivan9511

3,854 posts

Posted by ivan9511 > 2016-08-27 17:35 | Report Abuse

result maybe will very good

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-08-28 17:03 | Report Abuse

Maybe will give soon ?
However. The good report is the most important thing for us now. Mulpha pe is only 6 below 10 good counter and I believe will break 0.30 if good news come in

Orson Chin

2,079 posts

Posted by Orson Chin > 2016-08-29 21:16 | Report Abuse

Wah.. Result super good !

chinaman

3,298 posts

Posted by chinaman > 2016-08-30 09:37 | Report Abuse

2nd Qtr Net loss: MYR21 Million due to foreign exchange loss in USD deposit + other investments

smartly

6,441 posts

Posted by smartly > 2016-08-30 10:43 | Report Abuse

profit keep losing... gone case.

chinaman

3,298 posts

Posted by chinaman > 2016-08-30 11:07 | Report Abuse

but, the foreign exchange loss may be unrealised...it's only by paper...Mulpha always come up with misleading loss reporting

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-08-30 21:17 | Report Abuse

this counter seem undervalue, try to see today volumn very high, people is sapu at low price , I still confidence in Mulpha , very undervalued , will keep

Xinquan

83 posts

Posted by Xinquan > 2016-08-31 12:20 | Report Abuse

Con company? When no money ask our money through right issue?

Xinquan

83 posts

Posted by Xinquan > 2016-08-31 12:22 | Report Abuse

Loss getting bigger and bigger. RI again?
http://klse.i3investor.com/servlets/stk/fin/3905.jsp

TheContrarian

9,497 posts

Posted by TheContrarian > 2016-08-31 12:57 | Report Abuse

Angielim, Mulpha is no doubt undervalued but the owners are crooks. The purpose of maintaining listing is to have rights issue every few years to squeeze money out of minority shareholders.

k55s

109 posts

Posted by k55s > 2016-09-01 10:49 | Report Abuse

Mulpha is losing money. The longer you keep Mulpha more losses on the way.

JamesPond

429 posts

Posted by JamesPond > 2016-09-01 13:52 | Report Abuse

k55, look at TheContrarian comment "....RI...squeeze money...minority shareholders." To have RI, first Mulpha has to report some profit, then only rights. Therefore based on historical past of Mulpha, will make losses (2012 : Loss RM473.8M, 2013 : loss RM27.7M), then profit (2014: RM124.5M, 2015 : RM163.3M). After 2 years profits, then rights issue in 2016. Now after RI, start reporting losses first maybe few years later then only report profit. Then only rights issue!!!

TheContrarian

9,497 posts

Posted by TheContrarian > 2016-09-01 14:00 | Report Abuse

In the meantime the directors will be earning big fat salaries.

JamesPond

429 posts

Posted by JamesPond > 2016-09-01 14:29 | Report Abuse

The directors salary in 2015 is about RM1.6M and there are 8 Directors, so not too fat lah. What I find strange is that they earn so little, share price keep going down, yet every few years they have a few hundred millions to subscribe for rights!!

k55s

109 posts

Posted by k55s > 2016-09-01 14:31 | Report Abuse

Property business profit announcement can be misleading - Koon Yew Yin
http://klse.i3investor.com/blogs/koonyewyinblog/103394.jsp

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-01 18:38 | Report Abuse

TheContrarian agreed your points

k55s

109 posts

Posted by k55s > 2016-09-02 11:14 | Report Abuse

KYY ask to avoid property stocks. Why nobody run?

chinaman

3,298 posts

Posted by chinaman > 2016-09-03 14:19 | Report Abuse

KUALA LUMPUR: Bayaran gaji RM1,900 seminggu satu-satunya motivasi kepada wanita muda, Maslina Masud terus bekerja di ladang memetik buah walaupun ia bukan pilihanya.

Maslina, 30, salah seorang daripada beribu-ribu rakyat Malaysia yang mengambil keputusan untuk berhijrah ke luar negara dan mendirikan kehidupan baharu.

Wanita yang memilih Australia dan menjejakkan kaki di Melbourne pada Januari 2014 tidak menyangka terpaksa menerima hakikat untuk bekerja di sebuah ladang buah-buahan.

Dari bilik hawa dingin ke semak ladang

Terbentang luas kira-kira seribu ekar, ladang Mildura yang terletak 7 jam perjalanan dari bandar Melbourne, inilah satu-satunya pilihan buat Maslina sementara menerima jawapan bagi semua permohonan kerjanya di bandar.

Dia akur dengan nasib diri selepas suaminya pula terpaksa menyambung pengajian ekoran pasangan ini menggunakan visa pelajar untuk ke negara itu.

Namun, pendapatan yang dijanjikan untuk memetik pelbagai jenis buah, oren, anggur, strawberi dan kiwi iaitu kira-kira AUD$15 hingga AUD$20 sejam memberi dia keyakinan sekurang-kurangnya untuk menyara hidup.

Hidup selesa dan mengusakan sebuah agensi pelancongannya sendiri di ibu kota, anak kelahiran Kuala Lumpur ini akui terkejut apabila mendapati kebanyakan pekerja di ladang Mildura itu adalah rakyat Malaysia.

“Ramai golongan profesional seperti jurutera, pegawai bank malah peguam meninggalkan Malaysia untuk mencuba pengalaman baru ini.

“Ladang Mildura adalah pusat buah-buahan untuk dieksport dan hampir kebanyakan orang yang saya temui adalah rakyat Malaysia. Selain pengalaman memetik buah, saya akhirnya dapat melepaskan rindu kampung bertemu mereka,” kata Maslina.

“Berbeza dengan kehidupan di Malaysia di mana saya bekerja di pejabat, dalam bilik berpenghawa dingin, duduk di kerusi empuk dan memiliki pembantu untuk menyiapkan segalanya, di sini, saya terpaksa kerja di bawah matahari, dalam semak, di lapangan terbuka. Tiada apa yang ‘mewah’ kecuali ketenangan dan kecantikan alam semula jadi serta buah-buahan ini.

“Tetapi lebih penting, di sini saya belajar erti kesusahan. Ia satu pengalaman luar biasa dan perasaan ketika memetik buah-buahan amat berbeza. Keberadaan rakan Malaysia juga menghiburkan apabila kami kadang-kala menyanyikan lagu ‘rock kapak’ beramai-ramai untuk menghilangkan rasa rindu ,” katanya sambil tersenyum.


Belum berhasrat balik Malaysia

Ditanya penerimaan keluarga dan berapa lama dia bercadang untuk berada di kota kangaroo, Maslina berkata, keluarganya tidak menyangka keputusannya itu serius.

Jelasnya mereka anggap Maslina dan suami hanya bergurau sehinggalah melihat tindakan sebenar mereka.

“Malah, buat masa ini, saya dan suami juga tidak berhasrat untuk kembali ke Malaysia.

“Bukan saya tidak patriotik atau tidak bangga menjadi anak Malaysia, namun faktor ketegangan politik di negara ini punca ramai belia ambil keputusan berhijrah. Kami mahu membina hidup baharu di sini,” katanya.

Walaupun syukur dapat bekerja di ladang, lebih-lebih lagi dengan gaji lumayan berbanding di Malaysia, Maslina tidak pernah berhenti berdoa dan meletakkan harapan agar mendapat panggilan temuduga dari bandar.

“Benar, rezeki Allah itu luas. Saya tidak pernah berhenti berdoa agar mendapat kerja di bandar kerana kami terpaksa berulang-alik demi suami yang perlu menghadiri kuliah setiap Ahad memadangkan kami berhijrah menggunakan visa pelajar.

Akhirnya, doa Maslina terjawab apabila dia menerima panggilan temuduga dari sebuah kolej swasta di Melbourne.

Gaji RM2,500 seminggu

“Genap 3 bulan bekerja di Mildura, saya menerima panggilan temuduga dari sebuah kolej swasta di Melbourne. Memang senyum saya tidak berhenti sepanjang berada di dalam bas ketika menuju ke bandar,” katanya berkongsi pengalamannya itu.

Sebaik diterima bekerja, Maslina menganggap percaturannya membuat keputusan berhijrah akhirnya membuahkan hasil, ditambah pula dengan gajinya yang lebih lumayan iaitu kira-kira RM2,500 seminggu.

“Apapun, saya tetap merindui beberapa teman rapat Malaysia di ladang. Syukur kepada Allah mempermudahkan segalanya walaupun pada mulanya agak sukar bagi saya dan suami mendapat kerja.

“Kini saya berkhidmat sebagai eksekutif pemasaran di Kolej PAX, Melbourne dan setiap kali saya ternampak buah kiwi atau oren, saya pasti tersenyum sendiri,” katanya.

Dia yang akui seronok membina kerjaya di Australia berkata kota Melbourne sebagai bandar pilihan yang berbaloi untuk meneruskan hidup.

“Masyarakat di sini baik. Kos hidup tinggi tetapi dengan gaji yang diterima, semuanya boleh diusahakan. Kadar jenayah juga kurang. Kalau rindu makanan Malaysia, di sini juga ada restoran yang menjual hidangan Malaysia. Jadi tiada masalah bagi kami,” katanya yang sudah setahun lebih berada di Melbourne.

Maslina menasihatkan anak muda yang mengambil keputusan berhijrah ke luar negara supaya tidak takut berdepan cabaran dan terus berusaha.

chinaman

3,298 posts

Posted by chinaman > 2016-09-03 14:23 | Report Abuse

MYR holds no future. die die holding Mulpha no matter how much sceptics of its outlook due to AUD vast future potential. There will always be demand for property in AU with the migratory trend

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-06 21:40 | Report Abuse

hi chinaman today got new notuce:
06/09/2016 OTHERS MULPHA INTERNATIONAL BHD ("MIB") - Issuance of US$90,000,000 Nominal Amount of Fixed Rate Notes Due 2019 by Mulpha SPV Limited, a wholly-owned subsidiary of MIB

can I ask this is a good news ?

Mulpha so long did not up already ?

TheContrarian

9,497 posts

Posted by TheContrarian > 2016-09-07 18:37 | Report Abuse

In 3 years time there will be another rights issue at 15 sen to pay for this USD Notes.

JamesPond

429 posts

Posted by JamesPond > 2016-09-08 16:54 | Report Abuse

The issuance of the USD90M Notes is to repay an earlier one of USD90M due in Sep16. Only difference is the interest rate

chinaman

3,298 posts

Posted by chinaman > 2016-09-08 19:40 | Report Abuse

yes-it's good news- USD90million term loan-refinancing from 8.5% to 6% interest cost per annum-cost saving.

This USD loan was to finance right issue of AVEO group last 3 years which market capital worth more than Mulpha itself by now. Aveo market capital worth AUD2billion now.

There is a unrealised market capital gain when AVEO share price is AUD3.50/ share currently.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-10 17:00 | Report Abuse

chinaman thans
chinaman
then is good news
hope mulpha going well in future

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-10 17:01 | Report Abuse

company start doing Shares Acquired
but not much

Xinquan

83 posts

Posted by Xinquan > 2016-09-15 15:44 | Report Abuse

Why got stupid people here? 15 sen counter why pay 22 sen?

TheContrarian

9,497 posts

Posted by TheContrarian > 2016-09-19 19:27 | Report Abuse

Closed at one year low at 21 sen, only six sen away to 15 sen.

Xinquan

83 posts

Posted by Xinquan > 2016-09-22 12:42 | Report Abuse

Why got stubborn people still not running? Wait one more RI perhaps this time ask 20 sen? 25 sen is just enough for last qtr.

hng33

20,510 posts

Posted by hng33 > 2016-09-22 16:23 | Report Abuse

bought back mulpha at 21.5sen

Xinquan

83 posts

Posted by Xinquan > 2016-09-22 17:57 | Report Abuse

Never pay any dividend but only RI still got people buy? Wait to close shop?

hng33

20,510 posts

Posted by hng33 > 2016-09-23 16:04 | Report Abuse

Sold back at 22 sen, lock contra gain

ivan9511

3,854 posts

Posted by ivan9511 > 2016-09-23 19:53 | Report Abuse

goreng sign come in
volume up price up
??
is this time fly ?

Orson Chin

2,079 posts

Posted by Orson Chin > 2016-09-24 15:53 | Report Abuse

Ivan. Don't dream.

Xinquan

83 posts

Posted by Xinquan > 2016-09-27 10:12 | Report Abuse

Hold for what? Wait to close down?

k55s

109 posts

Posted by k55s > 2016-09-30 22:09 | Report Abuse

ivan9511 why so stubborn? Drifting lower and lower by the day. 15 sen coming soon.

Posted by ivan9511 > Sep 23, 2016 07:53 PM | Report Abuse
goreng sign come in
volume up price up
??
is this time fly ?

TheContrarian

9,497 posts

Posted by TheContrarian > 2016-10-02 00:49 | Report Abuse

What sort of a company which calls for a 1 for 1 rights issue at 25 sen, then dump the shares until it has fallen to 20.5 sen? Never pays a single sen dividend this century.

Xinquan

83 posts

Posted by Xinquan > 2016-10-02 19:35 | Report Abuse

Wait for 10 sen.

JamesPond

429 posts

Posted by JamesPond > 2016-10-04 11:40 | Report Abuse

TheContrarian....the sort run by son of ex-con. Like father like son. ha ha ha

TheContrarian

9,497 posts

Posted by TheContrarian > 2016-10-04 19:38 | Report Abuse

Let's hope innocent people don't get conned further

Posted by why_no_dividend > 2016-10-05 12:46 | Report Abuse

Cannot pay dividend but only ask for right issue(RI)? Better run now than wait close shop.

Jacky Yip

94 posts

Posted by Jacky Yip > 2016-10-05 22:54 | Report Abuse

but it's nab is rm0.86

steveooikp

4,689 posts

Posted by steveooikp > 2016-10-06 12:37 | Report Abuse

why calvin taneng.... is not here to promote??

ivan9511

3,854 posts

Posted by ivan9511 > 2016-10-06 19:39 | Report Abuse

why_no_dividend , hi guys the ri was over old case la
now maybe will up
limit up

TheContrarian

9,497 posts

Posted by TheContrarian > 2016-10-07 10:10 | Report Abuse

Today touched 19.5 sen, new low.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-10-07 19:57 | Report Abuse

Mulpha boss why do this to retailers , come to save us please

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