Posted by sslim > 2014-05-15 08:26 | Report Abuse

Mulpha have company at vietnam.. now there is not stable.. any comment regarding this? any effect to Mulpha??

Posted by calvintaneng > 2014-05-15 10:54 | Report Abuse

Dear Friends At Mulpha International,

MULPHA was a high flying Share Before The Asian Financial Crisis which I bought & sold around RM4.50. At 43.5 cts MULPHA Has Fallen Over 90% From Its Peak!

I lived in Jurong West, Singapore. At the behest of MUDAJAYA Bosses from PJ I visited LEISURE FARM in year 1997. At that time the PLUS HIGHWAY Has Not Reached Here yet. It Was a Very Long And Winding Road From Old Gelang Patah Road To Mulpha's Leisure Farm then.

MULPHA had 1 Acre Plot Land For sale. Around year 2000 The PLUS HIGHWAY WAS BUILT ALL THE WAY FROM PADANG BESAR (THAI BORDER IN THE NORTH MOST) TO THE FURTHEST SOUTH AT TANJONG KUPANG = CONNECTING WITH THE 2ND LINK BRDGE TO SINGAPORE AT TUAS.

But The Plus Highway CUT ACROSS MULPHA LEISURE FARM. There Was A Big Problem For Mulpha - Land Divided By The Highway BUT WITHOUT PROPER ACCESS.

In Year 2003 I Visited LEDANG HEIGHT BUNGALOW PLOTS. There was Excellent Access to LEDANG HEIGHTS. Mulpha is just Next Door or Just Over The Fence Barrier.

I spoke to PROLINK Bosses (Under Renong before UEM took over) whether they might allow access road from Ledang Height To Mulpha. They turned down my suggestion. So Ledang Height and then EAST LEDANG Prospered (By The Way The LEGOLAND Boss Siefrieg lives in EAST LEDANG. And For 11 More Years Mulpha LEISURE FARM is Visible BUT NOT ACCESSIBLE.

It will Take 5 minutes from Gelang Patah Town along a 2 lanes road to Mulpha Leisure Farm. And at night it could be dangerous. The other access road is by PTP exit - which is even further.

So MULPHA lags behind Ledang Heights by a Big Margin due to The PROBLEM OF ACCESSIBILITY.

Not Anymore. UEMS has teamed up with MULPHA to build a Connecting Link To The PLUS HIGHWAY. And the 2 lane roads will be Upgraded to a 4 Lane Modern Highway.

This Will PROPEL THE VALUE OF MULPHA's 1000 ACRES PRIME of the PRIME LANDS INTO THE STRATOSPHERE!!!

WITH THE NEW ACCESS HIGHWAY INTERCHANGE THE EQUATION HAS TURNED MORE FAVOURABLE FOE MULPHA THAN LEDANG HEIGHTS.

BECAUSE MULPHA IS ONLY 5 MINUTES FROM SINGAPORE CIQ CUSTOM AT TUAS.

OTHER VERY FAVOURABLE FACTORS FOR MULPHA ARE:

1) AVIRA - THE WELLNESS RESORT BY KHAZANAH/TEMASEK IS JUST NEXT TO LEISURE FARM. According to EDGE DAILY 70% ALREADY SOLD!

2) PINEWOOD STUDIO IS ONLY 3 MINUTES AWAY. SEE HOW HOLLYWOOD LIFTED UP THE VALUE OF BEVERLY HILL REAL ESTATE PRICES. And Hollywood is Recession Proof. The Film "GONE WITH THE WIND" Came out in year 1939 during the Great Depression.
Will Agent 007 or James Bond buy a place in Mulpha or Ledang Heights. Yet to be seen.

3) MULPHA Also Has PORASIA GOLF COURSE. MUDAJAYA Bosses told me that the word "PORESIA" is a compound of 2 words "PORE" is Short form for "SINGAPORE" and "SIA" is "MALAYSIA"

YES PORESIA GOLF STANDS FOR THE WIN-WIN FRIENDSHIP BETWEEN SINGAPORE & MALAYSIA IN THE SUPER BOOM OF ISKANDAR

To Be Continued....

By CALVIN TAN RESEARCH

Posted on May 15th 2014 10.50a.m.Singapore Time

Posted by calvintaneng > 2014-05-16 08:15 | Report Abuse

Sslim,

The riot in Vietnam affect Latitude & Poh Huat Furniture factories in the Industrial zones in Vietnam. Mulpha's 55 rooms Luxury Apartments is in the City - not anywhere near those affected factories.

Posted by calvintaneng > 2014-05-16 08:37 | Report Abuse

4)ONLY 5 MINUTES TO SINGAPORE
Last night while driving back to Tuas, Singapore, I counted the time taken from the proposed "Access Road" to PLUS HIGHWAY from MULPHA LEISURE FARM IN THE Direction of Tanjung Kupang Toll. A breeze of only 2 minutes! And it takes another 2 minutes to reach Tuas Singapore CIQ Custom. This means that MULPHA LEASURE FARM will be the Nearest Housing Enclave For Singaporeans/Spore Expats.

5)HIGHEST STANDARD IN SAFETY.
No Non-Sense Gurkha Nepali Guards
MULPHA LEISURE FARM is pioneer in getting the World Famous Nepali Gurkha Guards since its inception. For the Rich & Very Rich Safety is Paramount. And Mulpha provides Double Security!

6)3 MINUTES TO PROPOSED HIGHSPEED BULLET TRAIN STATION
The High Speed Bullet Train Station Is Proposed To Stop in Gerbang Nusajaya. And With The RM107 Millions Road Upgrading - it will only take 3 minutes to reach this Ultra Modern Futuristic BULLET TRAIN STATION From Mulpha Leisure Farm

Google YOUTUBE for "KYOTO TRAIN STATION" to get a glimpse of the Future.

MULPHA LEISURE FARM Will Be The Most Desirable Place Some Day

Now The Hype is on Batu Kawan Because of Penang 2nd Bridge. There is a Strong Call to Buy TAMBUN INDAH By Many Analysts.

RHB INVESTMENT BANK CALLED FOR A STRONG BUY LONG BEFORE ANY NEWSPAPERS PUBLISH GLOWING REPORTS.

MULPHA'S TURN WILL COME - BY THEN WHEN THE NEWS IS RED HOT - THERE WON'T BE ANYMORE CHEAP MULPHA SHARES LIKE NOW


To be continued.....

CALVIN TAN RESEARCH

"BE THE FIRST TO KNOW"

"THE FLOW OF INFORMATION PRECEDES THE FLOW OF WEALTH..."

Posted by JTFX > 2014-05-17 00:59 | Report Abuse

U.S. stocks fluctuated, after the Standard & Poor’s 500 Index fell the most in a month yesterday, as an unexpected drop in consumer confidence offset a rise in the pace of home construction.

Posted by calvintaneng > 2014-05-17 09:48 | Report Abuse

JTFX,

King Solomon (The Wisest Man) says, "He who observes the wind will not sow & he who regards the cloud will not reap." The farmer who sows will reap some future day.

Posted by calvintaneng > 2014-05-17 10:06 | Report Abuse

7) CREATION OF 35,000 HIGH PAYING JOBS BY ASCENDAS TECH PARK

In Gerbang Nusajaya ASCENDAS TECH PARK Is Now Under Construction. When Fully Competed It Will Create High Paying Jobs for 35,000 Singaporeans/Johoreans. The proposed IKEA is nothing compared to ASCENDAS TECH PARK By Spore & Malaysia Govts.

The Singapore Govt has urged Spore SME to relocate here. For this purpose Spore is now getting very stringent against further imported. The clear message given to Spore SME is - RELOCATE TO JOHOR - ESPECIALLY THE PURPOSE BUILT ASCENDAS TECH PARK OF SINGAPORE STANDARD.

MULPHA IS ONLY 3 MINUTES AWAY!

8) The Singapore Govt has relocated the Entire Shipping Set Up to TUAS. Combined with PTP These two Ports Will Someday Rival Amsterdam to be World Number One. And PTP Is Only 3 Minutes From Mulpha & TUAS only 7 Minutes.

9) MASS MOVEMENT OF SINGAPOREANS & MALAYSIANS IN TUAS

Singapore Has Extended MRT To TUAS. Right Now in Tuas Singapore - A HUGE MRT STATION IS BEING CONSTRUCTED AT THE ENTRANCE OF RAFFLES MARINA. When ready it is projected to have 100,000 ridership daily. And there will be Water Taxi or ferry from Raffles Marina to Puteri Harbour. The Concentration of high net worth people augurs well for Mulpha

To be continued....

Posted by calvintaneng > 2014-05-17 10:07 | Report Abuse

Should read as, "The proposed IKEA Factory in Batu Kawan is nothing compared to ASCENDAS TECH PARK In Gernang Nusajaya.

Posted by calvintaneng > 2014-05-17 10:11 | Report Abuse

And should read as, "Spore is now getting very stringent against imported labour. Spore Govt is telling Small & Medium Enterprises to either upgrade to higher technology, shift to Johor for lower land and labour costs or just close shop."

Posted by calvintaneng > 2014-05-17 10:42 | Report Abuse

10) JURONG EAST - JURONG GATE WAY - THE UPCOMING 2ND ORCHARD ROAD

Right now in Singapore A Brand New City Within A City State of Singapore is In Progress - THE NEW JURONG GATEWAY. This High End Modern Luxurious City Is Bringing Prosperity To Singapore West. Property Prices Are Now Going Skyward. And Prosperity will definitely spill over into Mulpha Leisure Farm.

The Penand 2nd Bridge is at least 24 km Long from Penang Mainland to Batu Kawan. Jurong West to Mulpha Leisure Farm is only 10 km away.

Right now property prices in Jurong West has crossed S$1,000 psf or about RM2.600 psf.

Only 10 minutes away is MULPHA LEISURE FARM. The Current Book Value (Based on year 1991 - not revalued yet) is a mere RM8.40 psf or an unbelievable S$3.10 psf. - A HUGE DISCOUNT OF 97%.

Separated only by a bridge with a total distance of land and sea of a mere 10 km.

As DEEP VALUE INVESTORS. MULPHA IS DEFINITELY A SCREAMING BUY!

Posted by calvintaneng > 2014-05-17 11:05 | Report Abuse

11) HIGH SPEED BULLET TRAIN STATION STOPS IN TUAS OR JURONG WEST.

When we visited Japan some years ago we sat on the Bullet Train in Koyto. The speed is above 300km per hour - however the ride is very quiet and stable - far better than any Perodua or Proton.
Someday, flying from Sepang to Changi Air port will be a thing of the past for many. And the Bullet Train from Sg Besi will have a stop here in Gerbang Nusajaya or Tuas/Jurong West.

Prosperity begets prosperity for Jurong & Gerbang Nusajaya.

12) What About AVIRA WELLNESS RESORT (Next Door to Leisure Farm), LEGO LAND? 2 minutes away, PUTERI HARBOUR? 5 minutes. MALL OF MEDINI? 3 minutes. EDUCITY? 3 minutes.
THE UPCOMING SUNWAY LAGOON PENDAS? Only 5 minutes. Ha! Someday even people from Subang Jaya will bypass Sunway Paramid Lagoon and travel all the way to THE STATE OF THE ART - FUTURISTIC SUNWAY LAGOON PENDAS - THE BEST IS YET TO COME!

All These Are Within Minutes For The Happy Inhabitants of MULPHA LEISURE FARM.

13) RM3.5 BILLIONS MOTORSPORT CITY IN GERBANG NUSAJAYA (3 Minutes from Leisure Farm)

Remisier King Peter Lim of Spore & Johor Sultan (both sports car enthusiats) are setting up A Huge Motor Sport City here. Expect Ferrari,, Lamborghini and all high end racing cars to be here. Donald Trump tells people to invest where rich people like to play - like Naples in USA - rich men's play ground.

To be continued...

Posted by calvintaneng > 2014-05-17 11:35 | Report Abuse

14) PROPOSED CHINA DRAGON MART IN GERBANG NUSAJAYA (3 minutes to Mulpha)

Google Youtube "CHINA DRAGON MART, DUBAI"

Patterned after the highly successful "CHINA DRAGON MART" of Dubai - where goods from A to Z will be brought from the Whole of China to set up Shop here - purported to be 3,000 Retail Shops - Yes Shop Till You Drop For 3 Days & 3 Nights!

Right now the only contender is APTEX EXPO CITY By Nusa Damai of MP Corp. See who will get it first.

Imagine Gerbang Nusajaya swarming with people like Busy Bukit Bintang!


15) PENDAS ISLAND LUXURY ENCLAVE BY CHINA COUNTRY GARDEN

South of Pendas - Facing Tuas CIQ Kastam in Spore - China Country Garden will build A Mammoth Island Resort.

This will be like Singapore Sentosa Island or another Iskandar Water Front City. Unlike the stagnant water of IWF City the Turquoise colored water facing the Vast Indian Ocean is Refreshing and Very Inviting Indeed. For Mulpha people it will be a welcome change together with the All Year Round Holiday
Mood of Pendas Sunway Lagoon.

16) RAW LAND PRICES OF GELANG PATAH NOW AT RM30 to RM50 psf

Raw Semi Jungle Lands Without Access Road in Gelang Patah has now risen to a high of RM50 psf and still moving up by the day. Few are selling as Landlords are holding tight for even higher prices. For Mulpha Leisure Farm the entire 1,062 Acres are neatly parceled and ready for development. A book value of only RM8.40 at year 1991 prices.

THIS IS WHERE IMMENSE VALUE LIES!

To be continued....

Posted by calvintaneng > 2014-05-17 11:53 | Report Abuse

AND NOW THE FINAL REVELATION. How To Get The Land Value of Leisure Farm Land Prices? Actually very simple. In Maths there is NO GUESS WORK. There is ABSOLUTE CERTAINTY.

Take number 9 for example. Anything multiply by the number 9. The sum total in single digit MUST BE ALWAYS number 9.

9 x 9 = 81 = 8 + 1 = 9

9 x 235 = 2,115 = 2+1+1+5 = 9

9 x 13567 = 122,103 = 1+2+2+1+0+3 = 9

9 x 32456456 = 2,920,108,104 = 2+9+2+0+1+0+8+1+0+4 = 27 = 2+7 = 9

So the result 9 will still be the same if 9 is multiplied by trillions or zillions. THE SUM TOTAL WILL ALWAYS RESULT IN 9.

IN BIBLE NUMERICS THE NUMBER 9 MEANS "FOR EVER" OR "ETERNITY"

To be continued.....

Posted by calvintaneng > 2014-05-17 12:06 | Report Abuse

In The Annual Report of MULPHA INTERNATIONAL Mulpha has 1,062 acres of Lands bought in year 1991 for RM389 Millions.

430 hectares convert to acres is 430 x 2.471 = 1,062 Acres.

1 Acre is 43,560 sq ft

So 1,062 acres x 43560 = 46,269,720 sq ft

Now Divide RM389,000,000 by 46,269,720 sq ft = RM8.40 persq ft

YES! MULPHA LEISURE FARM FREEHOLD SUPER PRIME LANDS ARE VALUED AT ONLY

RM8.40 per sq ft. And they are not Raw Lands. There Are Highly Valuable Lands Enclosed With Perimeter Fencing! With Double Gated & Guarded Security By World Famous Nepali Gurkha Guards!


"When we see unrecognized Value we are willing to be contrarian. We are buying when others are despondonly selling and selling when others are greedily buying."

------------The Legendary John Templeton

Posted by ozzie75 > 2014-05-17 17:02 | Report Abuse

Shouldn't these assets reflect fair values rather than at cost, in their balance sheet? :)

Posted by calvintaneng > 2014-05-17 17:21 | Report Abuse

Ozzie75,

If they are revalued at current prices the Balance Sheet Should Balloon Manifold & The Investment Will Go GaGa Over MULPHA SHARES PRICES Just Like CHHB, Brem & the Latest Daiman.

Now since No Research House or Star or Nan Yang Siang Pau come out with A Current Value For MULPHA's Rock Bottom Priced Assets let me give you its Intrinsic Value.

The Lands in Singapore is priced at S$1,000 psf (About RM2,600 psf). Next Door on the East is AVIRA WELLNESS RESORT. Currently more than 70% Sold at RM580 psf.

And also Next Door (North on Leisure Farm) is LEDANG HEIGHTS BUNGALOW PLOTS priced at RM180 to RM200. Currently Ledand Heights has an edge over Leisure Farm because of better accessibility. But Not For Long. When Access Road Is Ready The Equation Will Turn in Favour of LEISURE FARM.

So let's take MULPHA Management own estimated value of RM200 psf.

To be continued....

Posted by calvintaneng > 2014-05-17 17:38 | Report Abuse

So Multiply 46,269,720 sq ft by RM200 = RM9,253,444,000

YES! LEISURE FARM LANDS ARE WORTH A WHOPPING RM9.25 BILLIONS!

Now Divide 9,253,000,000 by 2,273,000,000 Outstanding Shares = RM4.07

Yes! You Get RM4.07 NTA For Mulpha.

At 43 cts Mulpha is selling at a Huge Discount of Almost 90% To NTA!!

And What Is Mulpha's Intrinsic Value?

Multiply RM4.07 by a Discount of 70% (Since Land & Real Estate Is Illiquid.)

4.07 x .3 = RM1.22

YES MULPHA HAS AN INTRINSIC VALUE OF RM1.22

So at 43 Cts Mr. Market Has Overlooked Mulpha's Intrinsic Value. Mr. Market has discovered SBC Corp,
Keck Seng, Perak Corp (Almost fully valued by now.), BREM, CHHB, TEBRAU TEGUH, DAIMAN & Others.

Regards,

Calvin Tan Research

Posted by ozzie75 > 2014-05-17 19:32 | Report Abuse

Even if we discount that by a conservative 50% an inferred intrinsic value of 2.00 is still a steal. Thks for the insight.

Posted by chaihuat > 2014-05-17 21:16 | Report Abuse

Excellent research. But I thought mulpha already sold some of the land to investors many years ago

Posted by ozzie75 > 2014-05-18 12:17 | Report Abuse

The land which Calvin mentioned being owned by Mulpha might be recent, as he mentioned from annual report which should be that of FY 2012.

Posted by gweilo > 2014-05-18 20:22 | Report Abuse

I agree that Mulpha is a real sleeper and should be the next Insas like discovery for a fast double or triple in price.

Posted by yapts > 2014-05-21 15:52 | Report Abuse

Watch out! Aggressive accumulation!

Posted by AhJee > 2014-05-21 16:50 | Report Abuse

Malaysia Boleh! Even the NTA is 2 ,everybody knows , the stock priced still will trade below their NTA. such as BJ Corp 0.50 now ( NTA 1.32) London biscuits 0.94 ( NTA 2.17) ...LOL

Posted by yapts > 2014-05-21 17:07 | Report Abuse

LEISURE FARM LAND PLAY!!

Posted by ckchung > 2014-05-21 21:34 | Report Abuse

bro yapts any chance of breaking 50 sen

Posted by yapts > 2014-05-21 22:18 | Report Abuse

Must break the 0.49 resistance first before climbing up..

Posted by calvintaneng > 2014-05-21 23:02 | Report Abuse

Latest Updates About Mulpha International

I posted on Regain Choco Ship about Mulpha as a Value Buy on 15th May 2014 at 43.5 cts together with ASB at 14.5 cts. Since then ASB has shot up to over 18.5 cts within 6 days or a gain of 27.5% within 6 days.

But until this morning Mulpha share price remain lack luster at 43 cts. So I told one Lady Banker to buy some Mulpha at 43 cts. In the afternoon she took 50 lots at 43 cts. Then her Remisier asked, "Any kang tow buying Mulpha? When will it move?"

The answer was in the affirmative. Why? What is the reason?

The answer is simple. According Ms Yogest from Mulpha Leisure Farm - The Connecting Interchange Just Beside Mulpha & PLUS Highway will be ready by year end.

Why so fast?

Because It Is A Joint Venture with UEMS & Mulpha. UEMS? Ha! What a fitting name for Mulpha.

UEMS Stands for "United Engineers Malaysia Sunrise"

YES! ENGINEERS ARE UNITED TO BUILD THE CONNECTING INTERCHANGE!

SO AT LAST "LEISURE FARM RESORT" IS LOOKING FOR A BETTER "SUNRISE" EVERY MORNING FOR THE NEXT THOUSAND YEARS.

READ AGAIN " UNITED ENGINEERS" BRING "SUNRISE" TO LEISURE FARM BY BUILDING AN INTERCHANGE FOR "MULPHA LEISURE FARM"

Remember Ho Chin Soon advice?, "INVEST BY FOLLOWING THE INFRASTRUCTURE"

Or Remember The ADVENT OF "THE SUEZ CANAL" FOR ADDING IMMENSE VALUE TO SHIPPING.

So Will Mulpha break 50 Cts?

Good Night Everybody

Posted by SPECIAL_ID > 2014-05-21 23:33 | Report Abuse

Would this counter sleep long a way like Pmcorp?

Posted by calvintaneng > 2014-05-22 08:24 |

Post removed.Why?

Posted by venomv > 2014-05-22 10:50 | Report Abuse

Yes Calvin you are right on Mulpha's 1000+ acres of land bank in Leisure Farm. It's a gold mine!

In addition, Mulpha has investments in the following PLCs :
1. AOG (AVEO Group Australia -26.2% with market value of A$300milion (RM900Mil);
2. Mudajaya - 20% with market value of RM290Mil and
3. Mulpha Land - 71% with market value of RM72Mil
Totalling approx. RM1.262 Bil (or 59 sen per share).

On top of that, Mulpha owns many unlisted assets under Mulpha Australia such as Sydney Intercontinental Hotel; Sanctuary Cove and Hayman Island JV Sol Kerzner "One and Only Hotel".
In fact, half of Mulpha's investments are in property assets in Australia.

And finally, Mulpha had accumulated 9.5% (222Mil) treasury shares buyback from the market.
You only need to check what happened to Mulpha share price the last time this happened.
Happy trading !!!

Posted by calvintaneng > 2014-05-22 13:50 | Report Abuse

Venomv,

Wow, so many other Valuable Assets & Treasury Shares hidden in Mulpha.

I imagine myself now back in time when Perak Corp was selling for only 60 cents and SBC Corp was 50 cts. Better still when Tebrau Teguh was 10 cts & Focal Aims was only 11 cents in year 2009.

When will MULPHA go back to my First Entry Price at RM4.50? Yes! RM4.50 Is POSSIBLE AGAIN! WHY?

MULPHA "LEISURE FARM RESORT" next Property Launch Prices will be RM2.5 Millions & Above!

HIGH PROFITS WILL BE REFLECTED WHEN VALUE IS RELEASED & REALIZED.

BY THEN THE MARKET WILL SIT UP AND TAKE NOTICE.

See - I Bought CMSB at RM2.20 When nobody bothered. When CMSB Finally Crossed RM10.00 CIMB Analyst Came Out To RECOMMEND A BUY FOR CMSB AT RM10.00 STRONGLY.

Some Future Day When Mulpha Crosses RM5.00 Some Other Financial Institutions And Also "Many Future Experts" Will Also Highly Praise MULPHA at Over RM5.00 & Turn Bullish on MULPHA then

Posted by calvintaneng > 2014-05-22 18:32 | Report Abuse

THE 30 TOP SHAREHOLDERS OF MULPHA CONSIST OF MOSTLY FOREIGN FUNDS FROM SINGAPORE, HONG KONG & USA.

Among Them Are Bank of New York Melon, Dimensional Emerging Market Value Fund, City of New York Group Trust, JP Morgan Chase Bank, DFA Emerging Market Small Cap Series, UBS AG Spore (Foreign)
and a string of other Illustrious Names.

Very Surprising & Strange - Our Own Local Funds Recommend & Chase BUBBLES Like CMSB, TAKAFUL, DSonic, Inari & Other Such Like High Flying Shares

Posted by ozzie75 > 2014-05-24 00:45 | Report Abuse

http://www.malaysiapropertynews.net/2014/05/uem-sunrise-mulpha-jv-build-roads-iskandar-malaysia.html

Posted by Stockker > 2014-05-25 15:11 | Report Abuse

What caused the huge loss for YE 31/12/12 of RM 475 million ???

Posted by ozzie75 > 2014-05-25 17:35 | Report Abuse

@ stocker: Faced with tough operating conditions in Australia, the Group generated revenue of RM540.28 million and pre-tax loss of RM501.98 million in 2012, significantly lower than the RM637.04 million revenue and pre-tax profit of RM171.65 million generated in 2011. The lower revenue reflected persistent challenging conditions in Australia, whilst the pretax loss in 2012 was primarily due to provisions for fair value adjustments which are unrealised and non-cash in nature, including an impairment of RM116.64 million provided for the Group’s resort & development properties in Queensland and an equity share of losses of RM327.14 million in the Group’s associate company, FKP Property Group. (extracted from the chairman statement)

Posted by yapts > 2014-05-25 19:03 | Report Abuse

Mulpha might be different from ASB but still an asset play until development in LFC bear fruit! Still the management must declare dividend to the shareholders as the tangible reward,otherwise it will get stuck at the 40 sen levels for years to come!
25/05/2014 16:12

Posted by ozzie75 > 2014-05-25 21:36 | Report Abuse

That's true. Carrots to make the hare run

Posted by calvintaneng > 2014-05-26 11:03 | Report Abuse

MULPHA? What Does Mulpha Stands For

MUL - MULTI-MILLIONAIRE
P - PLACE
HA - As In HA! Laughter & Happiness or Ha! Ha! Ha!

So MULPHA means Multi Millionaire Place - Ha! Ha! Ha!

And Mulpha Share Investors Also Turn Into Multi Millionaire someday?

Posted by ykgykg > 2014-05-27 16:17 | Report Abuse

Multi Mill Hair !

Posted by yapts > 2014-05-27 16:53 | Report Abuse

Right! ykgykg, that is what he meant!

Posted by calvintaneng > 2014-05-28 14:16 | Report Abuse

MULTI MILLIONAIRE?

YES! YES! & YES!

Recently Mulpha Sold 10 Bungalow Lots By Tender. All Sold Higher Than Reserved Price!

That Was Before Announcement of 3 Highway Interchanges For LEISURE FARM

And According To Ms Yogest LEISURE FARM WILL BE LAUNCHING MORE AFFORDABLE PROPERTIES SOON'

PRICE?

A COOL RM2.5 MILLIONS!

FOR MILLIONAIRES OF COURSE!

Posted by Angangang > 2014-05-28 19:17 | Report Abuse

The Board of Directors of Mulpha International Bhd ("the Company") wishes to announce that the Company intends to seek its shareholders' approval for the proposed renewal of authority for the purchase by the Company of its own shares at the forthcoming Annual General Meeting of the Company.
The Share Buy-back Statement will be despatched to the shareholders together with the Annual Report of the Company in due course.
This announcement is dated 28 May 2014.

Posted by rock_trader > 2014-05-29 19:24 | Report Abuse

真是股如其名,mulpha = 妈化嗨！呢一季又亏钱！边撚个先家讲呢只股好有潜质？！

Posted by stevenwong > 2014-06-03 18:15 | Report Abuse

next quarter very likely to be back to black again. Time to accumulate..... rich in landbank..... its turn will come......and start moving upward

Posted by ray81 > 2014-06-03 18:17 | Report Abuse

let's see it can up again......with the land they have now, i think they still can make good profit.

Posted by Stockker > 2014-06-04 10:01 | Report Abuse

Management seems to be proceeding quite cautiously on new launches.

Posted by Marksmenship > 2014-06-04 12:37 | Report Abuse

Been sleeping for too long long. When going to wake up..................

Posted by rock_trader > 2014-06-04 15:09 | Report Abuse

i think very difficult to wake up... coma already like god of car!!!

Posted by Marksmenship > 2014-06-06 19:21 | Report Abuse

Up, up and away.................

Posted by trustme932 > 2014-06-09 09:54 | Report Abuse

its time to collect..chart pattern looks favorable..good luck.