MUI PROPERTIES BHD

KLSE (MYR): MUIPROP (3913)

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Last Price

0.345

Today's Change

-0.02 (5.48%)

Day's Change

0.345 - 0.365

Trading Volume

1,324,000


7 people like this.

1,547 comment(s). Last comment by dompeilee 2 weeks ago

Seek

443 posts

Posted by Seek > 2020-07-02 09:57 | Report Abuse

Jess, issue at what price?

Jessgoh

1,175 posts

Posted by Jessgoh > 2020-07-02 10:10 | Report Abuse

from 0.025 to 0.055....share is slowly go down aft the annoucement.

Seek

443 posts

Posted by Seek > 2020-07-02 10:37 | Report Abuse

Jess, thanks. Prospecting for gold needs to raise money.

George99

259 posts

Posted by George99 > 2020-07-02 11:32 | Report Abuse

ome question. you all sure mui property is having share in NME? are this convert note already converted to NME share?

Jessgoh

1,175 posts

Posted by Jessgoh > 2020-07-02 13:37 | Report Abuse

seem no also cause never get approval from nex metal side....all is info promote by ppl only which no announcement from both side...by the way i buy this share since last year for its growing biz but now seem the wrong decision make...sigh

George99

259 posts

Posted by George99 > 2020-07-02 16:24 | Report Abuse

Andrew khoo press announcement with 40% and ppl promote... but there is no news from NME at all... but i have buy in due to this news... sigh...

gghaha

1,639 posts

Posted by gghaha > 2020-07-02 17:27 | Report Abuse

do own research before buying...the press announcement is last year without further details ....ppl promote is last mth issue....:)

Jack Khan

1,296 posts

Posted by Jack Khan > 2020-07-02 21:11 | Report Abuse

Have some faith. By the way with enlarge share placement muip share will diluted to 35%.

George99

259 posts

Posted by George99 > 2020-07-02 21:17 | Report Abuse

i believe i can fly..... up..up..up

Jack Khan

1,296 posts

Posted by Jack Khan > 2020-07-02 21:52 | Report Abuse

I don't think the star align yet! gold exploration normaly take at least 5 years before start mining. There is no need to buy at higher price.

fzank

1,537 posts

Posted by fzank > 2020-07-03 12:16 | Report Abuse

i believe u can fry ....
i believe u can touch the sky ....

Jessgoh

1,175 posts

Posted by Jessgoh > 2020-07-06 11:13 | Report Abuse

我是一只小小鸟。。想要飞却怎么也飞不高。。

George99

259 posts

Posted by George99 > 2020-07-06 20:54 | Report Abuse

cash value is almost myr 100 mil....believe... believe

Jessgoh

1,175 posts

Posted by Jessgoh > 2020-07-07 09:05 | Report Abuse

Later stuck another 5-10 yrs....

Jack Khan

1,296 posts

Posted by Jack Khan > 2020-07-07 09:17 | Report Abuse

with bull run you only need patient before muip turn!

Jessgoh Later stuck another 5-10 yrs....

Jessgoh

1,175 posts

Posted by Jessgoh > 2020-07-07 17:03 | Report Abuse

Waiting for more then 6mths n only see keep dropping tats the issue..

Jack Khan

1,296 posts

Posted by Jack Khan > 2020-07-07 19:44 | Report Abuse

Wah you sailang ar?

Jack Khan

1,296 posts

Posted by Jack Khan > 2020-07-07 19:46 | Report Abuse

I 1 week buy few lot average over 6 month see how

Jessgoh

1,175 posts

Posted by Jessgoh > 2020-07-07 20:59 | Report Abuse

Bought from 0.21 till now also can’t really move...if up also is one day show fast up fast down

Jack Khan

1,296 posts

Posted by Jack Khan > 2020-07-08 01:59 | Report Abuse

if drop better because i still buying

Jessgoh

1,175 posts

Posted by Jessgoh > 2020-07-08 16:14 | Report Abuse

U will hv chances...its wont move for short terms...

gghaha

1,639 posts

Posted by gghaha > 2020-07-15 10:25 | Report Abuse

still the same oh....aiyo ....long wait to 0.17 oredi......

George99

259 posts

Posted by George99 > 2020-07-15 20:19 | Report Abuse

what to do.... wait for right time come.

k3nthiew

518 posts

Posted by k3nthiew > 2020-07-22 12:15 | Report Abuse

Drilling Recommences at the High-Grade Kookynie Gold Project

Nex Metals Explorations Ltd (Nex or the Company) is pleased to attach an announcement by
Metalicity Ltd (ASX: MCT) our Joint Venture Partner (refer to ASX announcement dated 4 May 2019)
with respect to drilling recommencing at the high-grade Kookynie Gold Project. Metalicity will undertake
an initial 5,000 metres of RC drilling over the coming weeks at Leipold, McTavish and other prospects.
Further drilling is expected after review of recent drone magnetic observations.

k3nthiew

518 posts

Posted by k3nthiew > 2020-07-22 12:16 | Report Abuse

Start drilling. Muiprop going to sell GOLD

Jack Khan

1,296 posts

Posted by Jack Khan > 2020-07-23 07:20 | Report Abuse

Hello drilling = exploration only la. They are not digging yet !

gghaha

1,639 posts

Posted by gghaha > 2020-07-26 12:18 | Report Abuse

No proper Info abt the shareholding also ....May only a dream at end....:)

simon6969

71 posts

Posted by simon6969 > 2020-07-27 11:38 | Report Abuse

Today is the gold market will not move muiprop will not move

Hush77

1,263 posts

Posted by Hush77 > 2020-07-27 16:05 | Report Abuse

During the Dec 15 2019 interview by the edge, The developer's executive Chairman, Andrew Khoo informed that the company have 40% investment in Nex Metals Exploration Ltd, a gold exploration company listed on the Australia Securities Exchange.



The backgroup of this investment

Back in 2011, the property development arm of Mui group, granted Nex Metals a loan in the form of a secure convertible note amounting to A$1.5million (RM 4.5million) with interest payable at 10% per annu, to kick off its first gold exploration venture.

The rationale behind issuing a secured convertible note and not an actual loan was to give Mui Prop the option to convert the note into shares when the time is right. It was also less risky than acquiring a stake in Nex Metal at the time as gold price were volatile. They have been receivig interest payment over the last 8 years.

on Feb 2020, Mui Prop announce that Nex Metals has found ' high grade gold mineralisation' at the side in western Australia. Somehow, few others mining also have high potential to find GOLD.

ON 12/11/2019, ASX announced that MUI PROP total convert 12.5million (equal to 40.73%) of Nex Metals at the share price of A0.01338.

Jack Khan

1,296 posts

Posted by Jack Khan > 2020-07-27 16:52 | Report Abuse

not yet converted to share yet! need approval on next general meeting.

Jack Khan

1,296 posts

Posted by Jack Khan > 2020-07-27 16:55 | Report Abuse

The stake more likely reduce to 10% only after the company issue share to pay back more debtor and company director salaries!!!!

Needmoney

63 posts

Posted by Needmoney > 2020-07-28 06:57 | Report Abuse

I doubt MUIP still shareholder of Nex metal !!!!

Jack Khan

1,296 posts

Posted by Jack Khan > 2020-07-28 07:29 | Report Abuse

Yes not shareholder of Nex Metal currently!

Jessgoh

1,175 posts

Posted by Jessgoh > 2020-07-28 09:11 | Report Abuse

at last to let it go....

Jessgoh

1,175 posts

Posted by Jessgoh > 2020-07-28 09:24 | Report Abuse

tis share always high for 1-2 days after that will drop for few mths....oredi try few times before so better dont hope for long term

pidan2014

72 posts

Posted by pidan2014 > 2020-07-28 09:33 | Report Abuse

Agreed, Another Pathetic Market maker......................

linheng

1,373 posts

Posted by linheng > 2020-07-28 14:00 | Report Abuse

Kenanga recommend. This cause price to spike today. Taking about the
stake in the Australian Gold exploration company.
Look at 1 wk share price and you know they have no gold.

Jack Khan

1,296 posts

Posted by Jack Khan > 2020-07-28 14:58 | Report Abuse

Suddenly come 2 sifu lol! Low that time don't come. Already high want become sifu.

Jessgoh

1,175 posts

Posted by Jessgoh > 2020-07-28 15:35 | Report Abuse

is ok...as long the price can keep up for some times to cover my time loss...:)

smartgood

214 posts

Posted by smartgood > 2020-07-28 18:10 | Report Abuse

Poh Kong and Tomei price went up a lot but this counter up only little bit. Maybe many people don't know that this is also a gold stock.

Jack Khan

1,296 posts

Posted by Jack Khan > 2020-07-28 19:32 | Report Abuse

This is not gold stock yet because
1. Yet to complete the convertion of convertible note
2. NME yet mining gold
However there are good chance of strike enough gold concentrations to start mining
With higher gold price it will be easier to get funding for exploration.

George99

259 posts

Posted by George99 > 2020-07-28 20:24 | Report Abuse

today news from sin chew

肯纳格研究表示,马联产业(MUIPROP,3913,主板产业组)持有澳洲上市公司Nex金属勘探公司的40.7%股权,是金价上涨的代表股项,该股落后其他金钻股。闭市时股价上涨2.5仙或12.82%,至22仙。

马联产业是在去年11月宣布旗下Cesuco贸易公司将把澳洲上市的Nex金属探勘公司的150万澳元(约425万令吉)有担保可转换票据转换为普通股,从而取得40.73%股权,以进军澳洲黄金业务。Nex金属主要涉及黄金探勘业务,在西澳拥有6746公顷的矿场。

Jessgoh

1,175 posts

Posted by Jessgoh > 2020-07-29 09:48 | Report Abuse

hope can reach 0.26 by tis month....

Jack Khan

1,296 posts

Posted by Jack Khan > 2020-07-29 10:21 | Report Abuse

maybe can go up to 0.3 with more news from NME!

Jessgoh

1,175 posts

Posted by Jessgoh > 2020-07-29 14:22 | Report Abuse

ppl oredi shared yesterday la......now oredi become past news if no more good news also hard to sustain the price later...dont ask ppl to chase high for it which i wait for years only can released....

lcbin5605

103 posts

Posted by lcbin5605 > 2020-07-29 19:39 | Report Abuse

nice closing~ tmr 0.26 slowly up up

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