calvintaneng, MULPHA is another ASB? ASB shoot up from 0.14 to 0.24 (highest 0.275), hope MULPHA will shoot up too. Pity that I have no MULPHA shares in hand.
Kwl888, yes buy lo. We help u, u help us. We give good info 2 give u confidence to buy. U buy,many people bu, price go up. u happy, we happy, everyone happy.
Calvin, Please advise on the following if you are willing to do so. Thank you Calvin for your consideration.
I had perused through the past threads starting in September 2013 and you had been instrumental in promoting that the cash payout was brought up during the AGM held in 2013 and the ex Financial Controller and another director was supportive of the cash payout then. Consequently the share price was ramped up to 37 cents, the Financial Controller suddenly resigned in Dec 2013 and PMCORP shares crashed leaving a lot of innocent investors who had expected cash payout in the lurch.
Was the cash payout brought out again during the recent AGM under any other matters arising? What was the outcome?
Calvin Tan, TQVM for taking out your so precious early Sunday morning time to answer my Q. I FULLY concur with your views and explanation. After putting the q to you and before the answer came, I carried out extensive research into the archives of some digital business publications which I subscribed and other media sources. To my great amazement, my research revealed the reasons for the sluggish inertia of Mulpha International these few years. Some of us may have misunderstood and underestimated Mulpha's management corporate vision, investment and marketing strategies. Perhaps, it is not an overstatement to say that Mulpha's astonishing intrinsic net worth may be better understood through the analogy of a Chinese idiom "crouching tiger, hidden dragon," (wuo hu zhan long) In due time after collating the information resources, I shall post a few documents to substantiate the info we have raised in this forum especially the salient facts raised ny Calvin Tan.
A hidden gem surfaced! After the detailed write up by the Oriental THE BUSY WEEKLY on 12.5.14 and the research carried out by some of our friends in this forum.The buying spree is on.Those who have not bought,don't miss the boat!
Yapts, could u please give me the Oriental The Busy Weekly link? Thanks. You see, constructive intelligence gathering, sharing & constructive feedback & interaction among members serves to boost members confidence & also (I believe there are) silent investors lurking quietly admist our forum but hungrily swallowing and absorbing all data from our collaborative infobank. Across the spectrum, this will attract more potential investors thereby indirectly creating stronger demand for Mulpha shares. Consequently, the price of Mulpha will increase in value and volume.
Meanwhile don't forget to tambah nilai your Mulpha asset ... BUY ... before the price goes too uptrend to be affordable. Remember EARLY birds catch the most worms or rather, early pioneer miners get the most GOLD. Mulpha International Art Of Investment/Business is clearly revealed in a two-page report carried by Focus Malaysia sometime last May. More details to follow ... Stay tune.
very funny counter! after so many recommendations and with a huge volume today it does not move much at all and the sellers are aplenty waiting to sell! whats the actual reasons?????????? pls enlighten us!!!!!!!!!!!!tq
Mulpha has over 2.2 billion paid up shares. There are many stale bulls of yesteryear. Many do not know nor aware of changing fundamental. So there will be opportunity to buy from them in market weakness.
As Mulpha is a laggard there is no bubble here. Downside is strongly supported by company share buy back at 41 cts. Latest 100,000 shares co bought back at 42.8 cts.
So Downside is limited BUT UPSIDE No One Knows As Yet..
As such our losses will be little BUT Our Gain Will Be Immense!
Congrate to Calvin! Buy you tudor gold for good tip! You keep picking winners non stop! Today not good as wifey in hospital due to her lung problem! So no mood to comment much!
Steven Yong ... any play is dangerous for traders when markets correct. For long term investors its a chance to buy more and average down on a share that will still be around when the dust settles as opposed to being a Sri Hartimas, Promet or MBF Capital of old. Oh wait ! Where are they ?
steven yong, no need for such strong words. The fact that you are snooping around Mulpha forum indicates your selfish interest and motive to gain yet running down others with nasty remarks. You are actually trapping your ownself when calling others "idiots" the moment you engage in this forum!
ckchung, in the world of stock market trading, despite fundamentals and technicals and other forces of variables, there are infinite possibilities! Just like a recent sad episode in aviation industry by the name of MH370 a commercial plane disappeared mysteriously without (until this material time) any plausible conclusion. Even our global contemporary sophisticated technology is helpless.
I would like to share an extract from an article by KC Lau in the May 2014 issue of Money Compass: " American entrepreneur and investor Robert D. Arnott said, ' In investing, what is comfortable is rarely profitable.' I think when Robert said "comfortable is rarely profitable,' he didn't really mean the risk tolerance. I think what he is referring to is for us to take some calculated risks."
Well, statistics shown it. Not my personal opinion. When 98 fin crisis, all these so called assets play drop l8k shit and nvr recover 7ntil recently. While growth stock recover quickly after crisis.
Yes, Calculated risk. It denotes weighing out the positives and the negatives before investing. "Calculated Risk" was a term used during the 2nd World War when planes leave for bombing missions. Will the mission be successful and the planes come back safely?
For the Americans B17 High Flying Fortress against Japan during 2nd World War the Bombing missions were highly successful because no Japanese Zero fighter could fly that high.
It this case "There is Little Risk" for The Highest Flying planes of the time.
I think MULPHA 's VERY HIGH NTA Provides A BIG MARGIN OF SAFETY.
Possibility of success far outweighs failure at these undemanding prices.
It was Rm4.50 in 1994 when Leisure Farm Lands were worth only a few ringgit psf. Today Mulpha is only 45.5cts while LEISURE FARM Lands are now worth RM200 psf.
The Equation has turned favourable for All Mulpha Shareholders now.
See the lastest response to the coming launch of Semi D Ciuster & Bungalow starting price at RM2.5 Millions.
Ecoworld sold all Cluster Houses in recent Nusajaya Launch for RM950,000. Price has shot up to RM1.4 Million when I visited Ecoworld Sales Office in Bkt Indah last week.
I expect good response as LEISURE FARM is highly secured and highly desirable. And with 3 Connecting Interchanges to Plus Highway, Nusajaya Tech Park & LEGOLAND it will become like Damansara, Bukit Tungku or Kenny Hills of KL.
I bought SPB at RM3.50 years back because of High Quality assets in Damansara Heights. Now SPB is almost RM6.00.
To buy Mulpha is like buying into SPB's Damansara prime assets. So buy now when the buying is still cheap.
How long should we hold Mulpha to see results? Hold as long as it is below intrinsic value. Sell only when it rises above intrinsic value. So you have to sustain your patience.
"SUSTAIN YOUR PATIENCE, GREAT MOVEMENT TAKES TIME TO DEVELOPE."
Sell above Intrinsic Value? SBCCorp I bought at 50 cts below intrinsic value. Now SBC Corp over RM2.20 people still say SBC Corp below intrinsic value today. So is Perak Corp. Bought 60 cts. Now people say Co taking private at RM3.90 still too cheap.
So when Mulpha is RM2.00 will people in future still say, "Below Instrinsic value?"
MULPHA INTERNATIONAL ["Crouching Tiger, Hidden Dragon"] Series 1 Land price for Leisure Farm Resort shoots up By Cynthia Blemin, www.theedgemalaysia.com May 7th, 2014
KUALA LUMPUR: The bungalow land price for Leisure Farm Resort, one of Iskandar Malaysia’s pioneer exclusive residential and resort developments, has risen by as much as 20 times since its launch back in 1991, and the price is expected to climb further with better connectivity.
The price hike is in tandem with others in Iskandar Malaysia, Johor. For example UEM Sunrise Bhd’s properties in East Ledang, Nusajaya, is currently trending at about RM100 to RM200 per square foot (psf) compared with RM12 to RM16 psf in 1996.
Leisure Farm Resort, developed by Mulpha International Bhd, covers a total of 1,765 acres (714.3ha)of freehold land within Nusajaya.
Yesterday, property developer UEM Sunrise Bhd, signed a collaborative agreement with Mulpha for the development of three sets of roadworks in Iskandar Malaysia that are expected to benefit owners and investors in the vicinity.
Nusajaya Rise Sdn Bhd (NRSB) and Leisure Farm Corp Sdn Bhd (LFC), subsidiaries of UEM Sunrise and Mulpha respectively, will embark on the creation and upgrading of roads in Gelang Patah and Gerbang Nusajaya, that would jointly serve the needs of the population of Gerbang Nusajaya and Leisure Farm Resort.
NRSB and LFC’s 59:41 joint venture is valued at RM107 million, UEM Sunrise said in a statement yesterday.
For owners and investors of real estate in the area as well as Leisure Farm, it will mean greater capital gains and value appreciation, said Mulpha executive chairman Lee Seng Huang.
“As a pioneer in Iskandar Malaysia, I recall that when Leisure Farm Resort was launched in 1991, the bungalow land was transacting at RM6 to RM9 psf, today the same lots are exchanging at 20 times that value, reaching almost RM200 psf,” he added.
With this new interchange, Lee noted that prices should continue to set new records.
As for commuters in the vicinity of Gerbang Nusajaya and Leisure Farm Resort who travel to Singapore, the highway interchange project will significantly cut travel time to and from the “Linkedua” (Second Link bridge in Gelang Patah) to just five minutes from the current 15 minutes, he pointed out.
Lee also noted that the interchange will not just benefit the stakeholders of Gerbang Nusajaya and Leisure Farm Resort but will add value to the overall Iskandar Malaysia, improving infrastructure and connectivity.
Mulpha has leveraged on its expertise abroad to become Malaysia’s largest real estate investor and developer in Australia — owning world-class assets that include Sanctuary Cove and InterContinental Sanctuary Cove Resort in Queensland, InterContinental Sydney, Norwest Business Park Sydney, The Hotel School Sydney, Bimbadgen Estate in New South Wales’ Hunter Valley and the world-renowned and award-winning Hayman Great Barrier Reef.
Meanwhile, UEM Sunrise executive director Datuk Izzaddin Idris said the joint venture will create a mutually beneficial transport ecosystem around Gerbang Nusajaya, Gelang Patah and Leisure Farm Resort, which are located in close proximity to each other.
“It will also enhance accessibility to and from the area, putting in place good infrastructure for other catalytic developments to thrive in Gerbang Nusajaya,” he added.
The strategic partnership with Mulpha will further develop Nusajaya as a driving economic force in the region, Izzaddin noted.
This article first appeared in The Edge Financial Daily, on May 7, 2014.
Highlights: 1. Bungalow land price rises 20 times since 1991 2. Peer comparison: UEM Sunrise Berhad's Properties in East Ledang,Nusajaya 2014 : RM100-RM200 psf 1996 : RM12-RM16 psf 3. Leisure Farm resort covers 1,765 acres 4. UEMS-Mulpha 3 roadworks Joint Venture benefit owners & investors around Gerbang Nusajaya,Gelang Patah and Leisure Farm Resort 5. NRSB-LFC 59:41 JV GDV RM107 million 6. Excellent connectivity 6.1 Travel time to and from the “Linkedua” (Second Link bridge in Gelang Patah) 15 min to 5 min 7. Leverage as Malaysia’s largest real estate investor and developer in Australia — owning world-class assets
MULPHA INTERNATIONAL ["Crouching Tiger, Hidden Dragon"] Series 2 Mulpha looking at retirement homes as next big thing By Elena Tunku Sherie,www.theedgemalaysia.com May 9th, 2014
KUALA LUMPUR: Mulpha International Bhd’s FKP Property has been rebranded to Aveo Group, an Australian property and investment company which focuses on retirement village ownership and management. Mulpha owns 26.2% of Aveo. Currently, Aveo has 76 villages in Australia.
“Prior to the global financial crisis, FKP offered a diversity of earnings,” executive chairman Lee Seng Huang said on Monday. “But after the financial crisis, the market decided that our business model was too complicated and wanted us to be more focused. We agreed and we rebranded FKP to Aveo.”
Lee is confident that there will be an increase in retirement portfolios over the next few years. “The concept of retirement homes has taken off in European countries but has yet to be fully integrated here in Malaysia. Here, it is still considered a ‘shameful’ thing to send your parents to a retirement home. But with the rise in working adults, people are rarely at home. In time, the idea will take off in Malaysia.”
Mulpha is exploring opportunities of building retirement villages in China. “China’s one child policy is leading to a lack of young resources to look after the elderly. Retirement homes are much in need there,” Lee said.
In line with the rebranding, he introduced his new team: Wayne Wong as the general manager of sales and marketing and Robert Marek as the general manager of residence and resort at Leisure Farm during the interview. Also present was chief financial officer Eric Lee.
“It’s about creating value for the long term. That’s why we got the best in the industry to join us,” he said.
Wong previously worked at Bandaraya Developments Bhd and Marek at Conrad Hong Kong.
Lee highlighted recent developments at Leisure Farm Resort, Mulpha International’s award-winning resort township. Recently, eight units of Luxury Villas, a build-and-sell product, were sold at between RM8 million and RM12 million. The development has a gross development value (GDV) of RM80 million.
Next to be launched in the township is Bayou Creek’s Phase 7B bungalow and semi-detached units. There are 57 units altogether comprising 40 semi-detached homes and 17 bungalows.
Nestled among indigenous flora and fauna, the development is built along a water catchment area that is considered to be the heart of Leisure Farm, according to Lee. With a GDV of RM200 million, Bayou Creek’s Phase 7B is set to be launched in July.
Lee said the strategic location of the township makes it a great investment for buyers. “There are not many places that provide this sort of living. We want to give people the quality and experience. Not only that, being situated very close to the border of Singapore makes it attractive to foreign investors as well.”
He explained that being centrally located amid catalyst projects such as Marlborough College, EduCity and Puteri Harbour in Iskandar Malaysia, Johor helps to boost Leisure Farm’s appeal. The township is also closely located to the Senai International Airport and the North South Expressway.
Upgrading works are being carried out to provide faster and easier access to Metropolitan Singapore and Changi Airport. After completion, the 15-minute trip from the Second Link to Singapore should take about five minutes. With the Pengerang integrated petroleum complex in the vicinity of Johor, Lee said there will be an influx of professionals to Leisure Farm.
This article first appeared in The Edge Financial Daily, on May 9, 2014.
Highlights: 1. Mulpha International Bhd’s Australian property and investment company Aveo Group 1.1 Focuses on retirement village ownership and management. 1.2 Mulpha owns 26.2% of Aveo.(76 villages in Australia.) 2. Management Rebranding 2.1 Lee Seng Huang, Executive Chairman 2.2 Wayne Wong,General Manager of Sales & Marketing 2.3 Robert Marek,General manager of Residence & Resort 2.4 Eric Lee,Chief Financial Officer 3. Catalyst projects 3.1 Marlborough College, EduCity and Puteri Harbour in Iskandar Malaysia helps to boost Leisure Farm’s appeal 4. Upgrading works 4.1 Easier access to Metropolitan Singapore and Changi Airport
MULPHA INTERNATIONAL ["Crouching Tiger, Hidden Dragon"] Series 3 Mulpha's Art Of Business: Mulpha Does It Slow and Steady - Focus Is On Smaller Projects With High Yields Rather Than For The Mass Market By Joseph Wong, Focus Malaysia, May 24-30, 2014, pg 32-33 Read further, click this link: https://drive.google.com/file/d/0B4bbwucqpGkAbElKN2pudTJTQ1k/edit?usp=sharing
Very excellent compilation of All Positive Trends Converging on Mulpha. With so many gathering rain clouds - it is only a matter of time the SHOWERS Of PROSPERITY Descend On All Mulpha Share Holders.
Of Course there are still many out there who are ignorant & might sell instead when they should be buying. However, I think these stale bulls selling should subside soon.
FOOD FOR THOUGHT TODAY
1) Director Lee Seng Huang has stated that he is very frustrated why Mulpha Share Price Trading Far Below NTA. Many Years back Mah Sing Boss said the same thing when Mah Sing traded around RM1.00. After that Mah Sing price shot past RM2.00.
2) Mulpha LEISURE FARM is within walking distance to the newly opened PINEWOOD STUDIOS. Beverly Hills commands the highest prices in California due to its proximity to Hollywood. Will Leisure Farm follow the footsteps of Beverly Hills?
Good morning, Calvin. Let's patiently keep our fingers crossed. Cannot blame stale bulls selling because they have been waiting too long to rationalise fiction or facts admist reality at hand. As the saying goes, HARD facts but STRANGE truths. On another note,there is a recent revelation of overpaid top directors of companies who are running losses. There is a short piece about Director Lee Seng Huang. There is another interesting article with a list featuring small-cap property companies which are milking millions from the financial boom in Iskandar Ecoscape. The thing is, Mulpha with a definitely very superior reservoir of capital assets and landbank is not even mentioned in the list!(Mulpha indeed is being grossly underestimated and overlooked!)
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....
kwl8888
613 posts
Posted by kwl8888 > 2014-06-21 10:24 | Report Abuse
calvintaneng, MULPHA is another ASB?
ASB shoot up from 0.14 to 0.24 (highest 0.275), hope MULPHA will shoot up too.
Pity that I have no MULPHA shares in hand.