hng33 could be kyy!!! you know kyy, old retired very rich man... nothing to do at home... wife nags at him days and nights.... so he hide in a small room ... using different user name....
Mulpha end up will be same as Thriven but the difference is going to take over by the major shareholder _Mr Lee & not outsider bcos of it's rich asset. Before it's last year RI, a/cs was made beauifully & attractive with good profit. Subsequetnly after the RI, profits were impressive. End quarter of 2016 a/cs been manipulated & created attrative again to attract investor step in further & share price reached to the higest 31.5 if not mistaken. 10 days after reached it's higest & announced shares consolidate 10 to 1 whcih will better for the major shareholder to take over with min capital. The coming quarter profit will not be good to made sure the NTA reach the lowest. Unlikely Mulpha shares will going up. Its a con co
Before the shares consolidate, one cent increase will still made money with bulk volumes purchase as hng33 made . After the consolidation.the story will be difference & it will be a big loss to the investors
After consolidate RM 2.4? No dividend? Why pay so high?
sharonlow Before the shares consolidate, one cent increase will still made money with bulk volumes purchase as hng33 made . After the consolidation.the story will be difference & it will be a big loss to the investors 27/04/2017 10:25
yes-I'm still holding this counter till now. I believe it will surge up upon share consolidation 10:1. it will report profit from now onwards beyond everyone's low expectation
Actually, Mulpha is not really bad. It's only his boss, Mr Lee- over aggressive -keep buying AU hotels every year cause company over-geared with cash flow tight. This will affect dividend ability. Thus, many avoid this share with no dividend-some more, ask RI to buy hotels worldwide every few years... Mulpha never give some sweets...Thus, many ikan bilis piss off
But, to be fair- generous dividend policy is not the best gauge of well managed co. I noticed many over-geared co. go borrowing to give dividend...I guess this is not so right. Bursa must come up with new rules only company with strong balance sheet or net cash can give dividend. To give to entice innocent ikan bilis. last time, I sell out a company which I hold for 8 yrs which borrow heavily to give sweets like no tomorrow, FYI...
Thanks bro for sharing..ya many investment in Australia actually I bought from 0.27 until 0.235 but keep average down until desperate already haha company worth 0.9 I buy bcoz of consolidated news, Tis is good corporate exercise for mulpha reduce shares in mkt improve eps future plus share buy back at 0.265/0.26 but really no idea why keep falling
many use this method if you look at the trend. 1st, RI to destroy value. 2nd, consolidation phase-downtrend during this phase 3rd, ex. consolidation with less no. of shares 4th, share price EXPLOSIVE
only RHB knows how long this accumulation cum downward consolidation phase take place. Once eat enough, RHB will give a target price instead ex. consolidation
why nobody ever vote him out , since 10yrs or so the price keep dropping and asking for more and not giving dividends. The minority shareholder should vote him out and who are the directors in this company?
Posted by PenguinDad > May 11, 2017 01:33 PM | Report Abuse Wow, RM1 for RM1. ks55, Is there such a good deal? Consolidation or Dividend, which come first?
Mulpha+mudajaya+UEMS bidding together Bandar Malaysia based on their latest JV in Johor Iskandar? both UEMS+ Mulpha also build/ share the cost of MYR100Million highway in Johor. Since High speed Kl-SIN stop station may pass thru UEMS/ Mulpha vacant land, any possbility land swap with Bandar Malaysia thru equity account?
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hng33
20,506 posts
Posted by hng33 > 2017-04-21 09:16 | Report Abuse
sold back all mulpha at 25.5sen, lock all handsome profit first, free up capital