Mulpha Boss... make loss from day 1 listed the company, he take high salary is enough, when company no enough $$ pay him salary, he will call for right issue.
Angielim, I can't tell you whether to hold or to cut loss and switch to another counter. Now Mulpha under tremendous selling pressure but there's no news about the Company. The best is to do nothing now and wait and see.
Mulpha is run by some mastermind group which made the BOD & subs shareholders richer & exploit the minority shareholders. The Dato Yusli was BUrsa CEO before prior joined Mulpha on July 2001.
TheContrarian you got Mulpha ? I thought you dont have ? and TheContrarian you also got mkland right because I feel you good at aiming undervalued stock Mkland also undervalued base on below :
TheContrarian , ya , YOU told before on here , thanks just curious recently Mulp volume very big, feel ada something either bad or good only of course I hope is good and all the best la because ada hold MUlpha
now many hold Malton and Mulpha Malton stable and wait for dividend so happy la Mulpha hope can give us special dividend then I happy 2 haha
Angielim, I think someone want to dispose their share and mulpha forced to absorb it to prevent share price fall further for the 2.6 m share buy back. Or someone called Mr Lee and ask him to absorb it. Mulpha will be good if you are looking for long term investment for the piece of land in Gerbang Nusajaya and development land in Australia. AVEO group Australia (formal FKP) have successfully turn around and giving good dividend that will provide cash flow for Mulpha. Mudajaya still in deep shit. No hope for dividend as Mulpha is heavily in debt now and hardly generate enough cash flow to pay the interest. Mulpha financial shall be improve in coming few years if mulpha stop buying land in Australia. Something you need to take note is that you have to put your trust on management that never pay dividend and have 2 right issue from 2010. I have loaded some Mulpha share in pass few days when it dropped to 20 cent as I think all the negative point have been priced in. Happy Investing!
yuefei01 , sorry for late reply, and thanks for advise la And yuefei01 you buy at 0.20 congratulation mine was 0.25 yuefei01 you buy at 0.20 actually you just sleep sweet and no need to monitor liao 0.20 nothing to lose this muplha rich just stingy undrvalued 99
I am not sure whether 20 cent is the lowest but I am ready to buy more if it drop to 18 cent. Never ever think any stock price is low enough for you to all in because there is no such things as lowest. It may always get lower. I will wait for next QR to decide whether to add further. Just to make sure Mulpha really use the money raised from Right issue to repay their debt as they claimed. If Mulpha used the money for something else like buying land, we have really to reconsider the credibility of the management.
Do u know the CEO of mulpha is 1 of the highest salary in listed company of malaysia ? All the money go his pocket ... He won't give u single cents ...
TheContrarian ho my friend , TheContrarian seem you quite interested in Mulpha then I have confidence where you go must be the stock abit undervalued by public , just my 2sense any TheContrarian your malton and mbsb doing very well now , malton hope ada good dividend
TheContrarian , HI FREN, SORRY FOR LATE REPLY , i BO BEFORE RI AND i MAKAN RI AS WELLL, SO GAO GAO , BUT LUCKY MY MALTON UNTUNG BALIK SIKIT , BECAUSE OF YOU i BO mALTON THANKS TheContrarian THANKS TheContrarian
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....
Johnnys
759 posts
Posted by Johnnys > 2016-10-07 21:16 | Report Abuse
Mulpha Boss... make loss from day 1 listed the company, he take high salary is enough, when company no enough $$ pay him salary, he will call for right issue.