MUI PROPERTIES BHD

KLSE (MYR): MUIPROP (3913)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.385

Today's Change

+0.02 (5.48%)

Day's Change

0.365 - 0.385

Trading Volume

1,850,400


7 people like this.

1,583 comment(s). Last comment by flydelta 5 days ago

Posted by Killsthebear > 2024-08-19 14:46 | Report Abuse

something big?🤔

aldehid

31 posts

Posted by aldehid > 2024-08-19 16:28 | Report Abuse

maybe take over

Posted by cyclonezhf > 2024-08-20 15:10 | Report Abuse

Rumors data centre in springhills

lewislew

147 posts

Posted by lewislew > 2024-08-22 12:08 | Report Abuse

khoo kay peng is always link to AI during his term in umno, so AI is bck khoo pay bck time is now too

SCM2023

104 posts

Posted by SCM2023 > 2024-08-22 13:04 | Report Abuse

Will this counter face profit takings? The chart indicators seem overbought at this moment. Maybe i am wrong

dompeilee

11,888 posts

Posted by dompeilee > 2024-08-22 14:37 | Report Abuse

..................

dompeilee

🤗😍☝ Tomorrow/ next wk by the latest will challenge 30c! And by 2025, 50c, its old '14 / '20 resistance !!! 📈

1 month ago

dompeilee

Bolstered by my notable successes in Japan(Nomura soared today!) & here : Knusford, Naim, Kuchai & especially Sungei Bagan, I ADDED to my MUIProp position @ 20.5c today a week after recommending to Premium Clients @ 20c.

2024-01-15 17:33

BTW, I still have 40% of my original MUIProp long position...🤗

1 week ago......................

Another BRILLIANT CALL, almost as good as Naim! Nearing the important 50c resistance already!

SCM2023

104 posts

Posted by SCM2023 > 2024-09-04 14:31 | Report Abuse

Chart overbought conditions should have subsided, and hopefully, an uptrend will resume soon

Stocker

1,575 posts

Posted by Stocker > 2024-09-18 08:32 | Report Abuse

Today will spike up stand above 0.45?

pinetree88

337 posts

Posted by pinetree88 > 2024-09-30 16:17 | Report Abuse

mui testing recent highs and outperform overall pennys mostly down... Anyone watching this?

didi7349

514 posts

Posted by didi7349 > 2024-09-30 21:39 | Report Abuse

Next one to be sold by mui group?

Posted by damansaraeagle > 2024-10-03 23:39 | Report Abuse

can mUI go RM2

newbie9893

2,494 posts

Posted by newbie9893 > 2024-10-11 15:26 | Report Abuse

Construction & property sector will be the next theme to play...buy now to be rewarded next week

Posted by PennyStock123 > 2024-10-14 14:47 | Report Abuse

touch 50c orady......need to limit down?.....

dompeilee

11,888 posts

Posted by dompeilee > 2 months ago | Report Abuse

dompeilee

🤗😍☝ Tomorrow/ next wk by the latest will challenge 30c! And by 2025, 50c, its old '14 / '20 resistance !!! 📈

2024-07-18 16:55

Brilliant call, if I may say so myself !!! Touched 51c less than 1 mth ago & then lauuuusaaaiiii all the way to 36c...🙆👍 I didn't sell my last shares at the peak, but not too far @ 47.5c

mf

29,671 posts

Posted by mf > 1 month ago | Report Abuse

BREAKING
Dow tanks by 1,100 points, posts first 10-day losing streak since 1974

Posted by unknown1234 > 3 weeks ago | Report Abuse

any idea why the shares suspended?

mf

29,671 posts

Posted by mf > 3 weeks ago | Report Abuse

3913 MUIPROP, MUI PROPERTIES BHD - +
SUSPENSION OF SECURITIES
30 Dec 2024, 11:36
SUSPENSION OF SECURITIES
SUSPENSION OF SECURITIES
MUI PROPERTIES BERHAD ("MUIP" or the "Company")- SUSPENSION OF TRADING
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

chinaman

3,331 posts

Posted by chinaman > 3 weeks ago | Report Abuse

MUI PROPERTIES BERHAD ("MUIP" OR "COMPANY") PROPOSED DISPOSAL BY WEST SYNERGY SDN BHD (A 60%-OWNED INDIRECT SUBSIDIARY OF MUIP) OF 4 CONTIGUOUS PARCELS OF LAND LOCATED WITHIN SPRINGHILL INDUSTRIAL PARK, BANDAR SPRINGHILL, NEGERI SEMBILAN, TO GAMUDA DC INFRASTRUCTURE SDN BHD (A WHOLLY-OWNED INDIRECT SUBSIDIARY OF GAMUDA BERHAD), FOR A TOTAL DISPOSAL CONSIDERATION OF RM424,428,055 TO BE SATISFIED ENTIRELY IN CASH (“PROPOSED DISPOSAL”)

adikkici

900 posts

Posted by adikkici > 3 weeks ago | Report Abuse

Dapat untung 400 juta tapi harga saham turun. Director bergaduh ke?

pujut

157 posts

Posted by pujut > 3 weeks ago | Report Abuse

Partner 40% naik tapi yang sorang ni 60% jatuh

curiousq

1,179 posts

Posted by curiousq > 3 weeks ago | Report Abuse

QMG!!! anyone expect this ??

izoklse

5,276 posts

Posted by izoklse > 3 weeks ago | Report Abuse

Many thought MUIProp getting land or provide land for AI or DC purpose. But suddenly they disposed the land to Gamuda for DC. It is a disappointed news.

speakup

27,325 posts

Posted by speakup > 3 weeks ago | Report Abuse

Yes. It's bad news

Albukhary

3,070 posts

Posted by Albukhary > 3 weeks ago | Report Abuse

I don't think its really a bad news.
If today MUIProperty is Sunway Group or Ecoworld Group, I will think it is a bad move to dispose the land, as Sunway / Ecoworld have their own talent to develop the land and run its own Data Centre.

But for MUI Property, this company is already very old and frankly speaking, I don't think they have talents / resources self develop the entire Bandar Spring Hill. So it is a good move to have Gamuda to setup the Data Centre in Bandar Spring Hill.
This will help to increase the property value of Bandar Spring Hill.

Albukhary

3,070 posts

Posted by Albukhary > 3 weeks ago | Report Abuse

Few month ago, MUI also announced to dispose a piece of land at RM80mil.

So total there will be RM500mil ++ to be realised in Year 2025.

Alex Chua

188 posts

Posted by Alex Chua > 3 weeks ago | Report Abuse

Cash after disposal will be higher that market value?

alex88

15 posts

Posted by alex88 > 3 weeks ago | Report Abuse

I asked ChatGpt about what is the likekly new NTA. Below is the answer:

Existing NTA: RM448.84 million.
Pro Forma Net Gain: RM206.13 million.
New NTA: RM448.84 million + RM206.13 million = RM654.97 million.
Determine New NTA per Share:

New NTA per Share: RM654.97 million ÷ 740.91 million shares ≈ RM0.88 per share.

Posted by Din Adam > 3 weeks ago | Report Abuse

why down so much?

pujut

157 posts

Posted by pujut > 3 weeks ago | Report Abuse

The transaction is expected to be completed by end-July 2025 after fulfilling conditions precedent including MUI Properties shareholders’ approval.

SCM2023

104 posts

Posted by SCM2023 > 3 weeks ago | Report Abuse

This situation seems like a case of 'buy on rumor, sell on news' regarding the land sale. The price adjustment today might just be a market reaction. Since 60% of the proceeds from this land sale is more than half of MUI Properties' market capitalization, it could move higher after today. Shareholders should benefit some rewards from this sale.

Posted by Investor128 > 3 weeks ago | Report Abuse

400 acres is too big for 1 data centre. Gamuda will develop and make the area vibrant. MUIPROP’s development will enjoy the benefits

Posted by unknown1234 > 3 weeks ago | Report Abuse

can consider to start collecting, 400m of cash is way higher than its market cap.

Noni

761 posts

Posted by Noni > 2 weeks ago | Report Abuse

Kena bayar hutang lagi

soon9913

2,826 posts

Posted by soon9913 > 2 weeks ago | Report Abuse

The company has more than 1000 acres there... Remaining lands are worth much more than the book value

soon9913

2,826 posts

Posted by soon9913 > 2 weeks ago | Report Abuse

Other DC operators and suppliers and partners might be moving into that area too.

soon9913

2,826 posts

Posted by soon9913 > 2 weeks ago | Report Abuse

400 acres Gamuda DC projects is a very big projects

ProfitT

5 posts

Posted by ProfitT > 2 weeks ago | Report Abuse

This sale of land enhanced cash per share more than current market price.
DC and AI will boost the area, more business activities will come in.

soon9913

2,826 posts

Posted by soon9913 > 2 weeks ago | Report Abuse

the company will be in net cash and huge cash on hand after the disposal. this land sold to biggest construction player in Malaysia, Gamuda. the remaining land hold by the company will release the market value soon, RM0.6-0.8 perhaps is the fairer value

multi530

346 posts

Posted by multi530 > 2 weeks ago | Report Abuse

but how much land available in books?

soon9913

2,826 posts

Posted by soon9913 > 2 weeks ago | Report Abuse

More than 1000 acres

soon9913

2,826 posts

Posted by soon9913 > 2 weeks ago | Report Abuse

Corus hotel at klcc also available for sales.

dompeilee

11,888 posts

Posted by dompeilee > 2 weeks ago | Report Abuse

Corus is directly under MUI Ind.

ocbc

1,214 posts

Posted by ocbc > 2 weeks ago | Report Abuse

The sum will boost MUI Properties’ net cash position to RM334 million, or 45 sen per share , now lelong price at 36 sen ( u paid 36 for 45sen cash + free 1000+ acres of lands ) . Cheers !!

oks911

159 posts

Posted by oks911 > 2 weeks ago | Report Abuse

will it drop further to 30 sen?

ocbc

1,214 posts

Posted by ocbc > 2 weeks ago | Report Abuse

@oks911
will it drop further to 30 sen? ( Answer : depend on the IQ n EQ of the retail investors )

SCM2023

104 posts

Posted by SCM2023 > 2 weeks ago | Report Abuse

ocbc, good answer. I have actually all in to this counter based on this same thinking. Hopefully, it will go more than RM0.5 after analyzing the company assets and conditions.

Posted by unknown1234 > 1 week ago | Report Abuse

Can see big fish washing, hold tight guys

flydelta

199 posts

Posted by flydelta > 5 days ago | Report Abuse

will it up again? with cash

Post a Comment
Market Buzz