MUI PROPERTIES BHD

KLSE (MYR): MUIPROP (3913)

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Last Price

0.335

Today's Change

+0.005 (1.52%)

Day's Change

0.32 - 0.34

Trading Volume

1,469,700


7 people like this.

1,547 comment(s). Last comment by dompeilee 3 weeks ago

calvintaneng

56,632 posts

Posted by calvintaneng > 2018-09-16 23:34 | Report Abuse

If Anwar Ibrahim wins PD Election and later turn into Malaysia 8th PM then MuiProp should see interesting times.

As Mui Bhd owns 70% of MuiProp Mui Bhd also will come into focus.

Still in early days. So just watch this counter

azzet

82 posts

Posted by azzet > 2019-01-18 14:27 | Report Abuse

pls drop some more...

ZHYsuper

52 posts

Posted by ZHYsuper > 2019-01-18 14:34 | Report Abuse

what price can buy in?

HazByn

842 posts

Posted by HazByn > 2019-01-18 16:42 | Report Abuse

.225 already support.

sxoon

15 posts

Posted by sxoon > 2019-02-12 12:07 | Report Abuse

like father like son.No power.

mikeann

832 posts

Posted by mikeann > 2019-02-12 21:50 | Report Abuse

1st half net profit just out on Bursa website. Increased by 573 %.

Posted by Chan Ah Lan > 2019-02-14 15:57 | Report Abuse

Increase 573% but price no move

sxoon

15 posts

Posted by sxoon > 2019-02-20 09:07 | Report Abuse

like mother like daughter.

mikeann

832 posts

Posted by mikeann > 2019-02-21 14:59 | Report Abuse

Strange. Why is MUIP dropping daily?

Posted by Chan Ah Lan > 2019-02-27 10:35 | Report Abuse

Keep droping, make me sad

soffone85

58 posts

Posted by soffone85 > 2019-03-14 10:30 | Report Abuse

still accummulation at lowest point mode..

WilburR2

869 posts

Posted by WilburR2 > 2019-04-08 10:20 | Report Abuse

scored left,right center lol

fkser

622 posts

Posted by fkser > 2019-04-08 11:26 | Report Abuse

Iris tak boleh lagi

theedge

571 posts

Posted by theedge > 2019-04-08 11:42 | Report Abuse

WHY
this
counter
up
?

soffone85

58 posts

Posted by soffone85 > 2019-04-08 13:43 | Report Abuse

after long wait..today spiked..next Tp0.23..break that and it'll trend higher

gobu86

182 posts

Posted by gobu86 > 2019-04-08 15:20 | Report Abuse

This counter is up cause of the ECRL rerouting via Negri Sembilan which in turn benefits Muiprop. Read https://klse.i3investor.com/m/blog/share4u2019/201274.jsp

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-08 16:39 | Report Abuse

Ecrl will make mui prop into a super stock

Those who buy early must buy now!!!

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-08 16:41 | Report Abuse

Only 740 million shares

Free float around 20%

Mui boss last bought Mui Prop and not others

Mui Prop is now the very best of Mui Group offering the best value

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-08 16:42 | Report Abuse

Cash and investments already 18 sen net Cash

Debt free or miniscule

Huge assets

1000 acres freehold lands in Bandar Springhill

4 .6 acres of prime lands in the very heart of Seremban CBD

Hotel in Australia and others

陳彥霆

937 posts

Posted by 陳彥霆 > 2019-04-08 17:09 | Report Abuse

Last Friday, Lim hinted that the ECRL could include the state of Negri Sembilan, if negotiations with the Chinese government were successful, and the project was to go on.


Read more at https://www.thestar.com.my/business/business-news/2019/04/08/ecrl-deal-with-china-to-include-palm-oil-buy/#20LUOqlKxGp6y1FX.99

gobu86

182 posts

Posted by gobu86 > 2019-04-08 18:01 | Report Abuse

Tomorrow show again for Mui..this was way better than Talam stock

Destiny88

114 posts

Posted by Destiny88 > 2019-04-08 18:13 | Report Abuse

1) Earning Improved
2) Net cash company with cash amounted 18c
3) ECRL going to reroute to seremban. I personally dont believe LGE much. Anthony Loke who is transport minister is much trustworhthy.
https://www.freemalaysiatoday.com/category/nation/2019/04/07/now-loke-says-it-ecrl-will-benefit-negeri-sembilan/
4) NTA 0.35 which is around 30% discount current price
5) huge lank bank which is more than 1000 acre. This can transfrom to arou d RM3/ share

nckcm

2,726 posts

Posted by nckcm > 2019-04-08 19:26 | Report Abuse

Tomorow buy looo tp 0.30

Destiny88

114 posts

Posted by Destiny88 > 2019-04-08 20:26 | Report Abuse

There is a lot of exciting news about this counter.
A

Destiny88

114 posts

Posted by Destiny88 > 2019-04-08 20:36 | Report Abuse

Hard to find such undervalue counter nowadays in Bursa .

Destiny88

114 posts

Posted by Destiny88 > 2019-04-09 06:26 | Report Abuse

https://www.facebook.com/781584471968109/posts/2090604771066066/

HSR going to resume back?


Good to MUIPROP !

Davidyeap

324 posts

Posted by Davidyeap > 2019-04-09 09:09 | Report Abuse

Fantastic

Davidyeap

324 posts

Posted by Davidyeap > 2019-04-09 09:09 | Report Abuse

Star

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 09:41 |

Post removed.Why?

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 09:43 |

Post removed.Why?

k3nthiew

518 posts

Posted by k3nthiew > 2019-04-09 10:06 | Report Abuse

Must not forget Muiind too... The group is currently actively disposing assets after Andrew Khoo took over.... wonder they will sell the lands at Bandar Springhill and distribute...

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 10:34 | Report Abuse

To continue development in Springhill

Development will continue at the group’s flagship township, Bandar Springhill in Port Dickson, with 1,000 acres of land still undeveloped.

Andrew also plans to bring the lifestyle concept to MUI’s property development business. “Half of Bandar Springhill has been developed and we have another 1,000 acres, which will take another 10 years. We plan to bring lifestyle experiences to Port Dickson by building a clubhouse, a multipurpose hall and other amenities for residents.”

The other 40% of Bandar Springhill is owned by Chin Teck Plantations Bhd, through its stake in West Synergy Sdn Bhd.

https://www.theedgemarkets.com/article/steering-mui-group-out-doldrums

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 10:45 | Report Abuse

Hi guys, Please read this post to the very end while I type

At first Lim Guan Eng announce the surprise rerouting of ECRL to Seremban. Then Anthony Loke affirmed it. Finally Azmin called Tun Daim in China to confirm final allignment will include Seremban in the Malay Mail today. This is extremely good news for Miui Property (3193)



And these are Top 10 Reasons why Calvin is extrermely bullish on MUI PROPERTY Now



1. MUI PROP HAS MOJORITY OF ITS VERY PRIME LANDS LOCAYED CHUN CHUN IN SEREMBAN

IN JAPAN WHERE SHINKANSEN RAILWAY PASSES - LAND PRICES AUTOMATICALLY GO UP BY 46% IN VALUE

SO WE CAN EXPECT MUI PROPERTY HAVE THE MOST CONCENTRATION OF ITS ASSETS LOCATED IN SEREMBAN WILL BENEFIT THE MOSTEST

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 10:46 | Report Abuse

2. OUT OF 9 PROPERTIES LISTED IN MUI PROPERTY THE TOP TWO MOST EXPENSIVE ARE LOCATED CHUN CHUN IN SEREMBAN



i) BANDAR SPRINGHILL

State of Negeri Sembilan Darul Khusus Balance of freehold land held for township development known as Bandar Springhill at Mukim of Jimah, District of Port Dickson, Negeri Sembilan Darul Khusus (Date of acquisition: January 1995)

4,386,792 sq meter-

Rm149,769,000



Let's calculate its lands in Acres & then price in per sq ft



First Multiply 4,386,792 sq meter- by 10.764 to convert to per sq ft = 47219429.088 sq ft



So divides Rm149,769,000 by 47219429.088 sq ft

Rm3.17

YES THESE FREEHOLD LANDS ABOUT 20 MINUTES FROM SEREMBAN CBD ARE ONLY VALUED AT RM3.17 PER SQ FT.

Let's see how many acres by dividing 47219429.088 sq ft by 43,560 (acre) = 1.084 ACRES

YES GOT IT!

MUI PROP HAS 1,084 ACRES OF FREEHOLD LANDS IN THE TOWNSHIP OF BANDAR SPRINGHILL

AND THE COST SINCE PURCHASE IN YEAR 1995 (24 years ago) REMAINS AT RM3.17 PER SQ FT

THAT IS VERY CHEAP AS SEREMBAN IS ONLY 20 MINUTES AWAY, BANDAR SRI SENDAYAN & PORT DICKSON ONLY 10 to 15 MINUTES AWAY FROM THIS BEAUTIFUL TOWNSHIP WHERE SPRING AND SUMMER IS PERENNIAL!!

LGE the Finance Minister reasoned that ECRL passing through KL is more expensive as Lands in KL is Rm700 psf to Rm800 psf while in Seremban it is cheaper at Rm40 psf

So if we use just the 50% discounted cash price of Rm20 psf for Bandar Springhill lands it will be

47219429.088 x Rm20 = 944,388,581.76

HA! THESE LANDS WOULD BE WORTH

RM944.3 MILLIONS IF REVALUED TODAY

















Now SINCE MUI PROP TOTAL PAID UP SHARES ARE 740,914,596 THAT MEANS THAT

944,388,581 divides by 740,914,596 = 1.27462542493

THAT IS ALREADY RM1.27 PER SHARE

WHOOPEE!



ii) Let's Look at another Piece

4 lots of freehold land held for future development at Jalan Tuanku Munawir, Seremban, Negeri Sembilan Darul Khusus (Date of acquisition: November 2005)

19,534 sq meter-

Rm29,875,000

This land was purchased in year 2005 (14 years ago ) at Rm29.875 Millions

Let's calculate how much Per Sq Ft

19,534 sq meter x 10.764 = 210263 psf

Now divides 29,875,000 by 210263 psf = Rm142 psf

Rm142 psf looks not cheap

But wait a minute!

LOOK AGAIN WHERE ARE THESE LANDS LOCATED!!

IT SAYS

JALAN TUANKU MUNAWIR, SEREMBAN!!

Ok just a Comparison

It is equal to ORCHARD ROAD IN SINGAPORE

JALAN WONG AH FOOK IN JOHOR

OR JALAN BUKIT BINTANG IN KL

OR PENANG ROAD IN PENANG

SO IS RM142 PSF CHEAP?



THESE 2 PLOTS ARE LITERAL GOLD MINES OF MUI PROP

NOW WITH ECRL PASSING THROUGH THERE WILL BE A GOLD RUSH!!

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 10:48 | Report Abuse

3. MUI PROP HAS VERY VERY HEALTHY BALANCE SHEET

In its latest quarterly results it shows Rm70 Millions in Net CASH & another Rm70 Millions in Net INVESTMENTS

THAT'S RM140 MILLIONS (More than Pm Corp!!)

Rm140 Mil out of 740 mil paid up shares equal to 19 SEN NET CASH



THAT MEANS THAT AT 20.5 SEN WITH 19 SEN IS CASH

WE ARE ACTUALLY BUYING MUI PROP FOR 1.5 SEN?

FOR ITS BANDAR SPRINGHILL LANDS ALREADY WORTH RM1.27 A SHARE?

THEN GOT PRIME LANDS IN SEREMBAN CBD, 6 ACRES HOTEL IN AUSTRALIA, 4 SHOPHOUSES IN KUCHAI LAMA & OTHERS. PLUS

ANOTHER RM30 MILLIONS IN INVESTMENT PROPERTIES OF CAMERON HIGHLAND, PENANG AND USA!

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 10:48 | Report Abuse

4. IF WE INCLUDE INVESTMENT PROPERTIES OF RM30 MILLIONS AS CASH IN SOLIDIFICATION THAT IS ANOTHER 4 SEN

SO IF WE ADD 4 SEN TO 19 SEN PURE CASH = 23 SEN!!

NOW MUI PROP AT 20.5 SEN WITH LIQUID CASH & ASSET OF 23 SEN WE ARE ALREADY BUYING BELOW CASH POSITION

THIS WAS HOW CALVIN AND JOHOR BUDDIES MADE SO MUCH FROM PM CORO FOR YEAR 2013 WHEN WE BOUGHT INTO PM CORP AT 15 SEN WITH NET CASH OF 18 SEN ALONE

TODAY PM CORP AT 14.5 SEN IS ACTUALLY 22.5 SEN (IF WE INCLUDE 8 SEN CASH PAYOUT!)

SO MUI PROP IS A VERY VERY ROCK SOLID STOCK WITH GREAT POTENTIAL!!

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 10:49 | Report Abuse

5) MUI BOSS BUYING MUI PROP SHARES SHOWED UNDERVALUATION

TAN SRI DATO' KHOO KAY PENG 14-Sep-2012 Acquired 200,000 0.000 View Detail
TAN SRI DATO' KHOO KAY PENG 13-Sep-2012 Acquired 600,000 0.000 View Detail
TAN SRI DATO' KHOO KAY PENG 12-Sep-2012 Acquired 1,950,000 0.000 View Detail
TAN SRI DATO' KHOO KAY PENG 11-Sep-2012 Acquired 1,500,000 0.000 View Detail
TAN SRI DATO' KHOO KAY PENG 10-Sep-2012 Acquired 1,250,000 0.000 View Detail
TAN SRI DATO' KHOO KAY PENG 07-Sep-2012 Acquired 1,000,000 0.000

WHY TAN SRI KHOO BOUGHT MUI PROP SHARES AND NOT MUI BHD, PM CORP OR PM HOLDINGS?

BECAUSE HE SEES DEEP VALUE IN MUI PROP!!

YOU MUST KNOW THAT TAN SRI KHOO WAS A BANKER. HE SOLD MUI BANK TO HONG LEONG YEARS BACK!!

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 10:50 | Report Abuse

6) MUI PROP PAYS DIVIDEND WHEN IT HAS SURPLUS CASH

Last time when Calvin bought Pm Corp Calvin wa surprised to see of all Mui Group of Companies Mui Prop was the only one who paid dividends (For Pm Corp we as shareholders have to ask for cash payout) But for Mui Prop it was just given

See hstory of Mui Prop dividends

04-Jun-2012 11-Jul-2012 DIVIDEND Final Dividend 5% Dividend Detail
24-Feb-2010 17-Mar-2010 DIVIDEND Interim Dividend RM 0.01 Dividend Detail
27-Feb-2008 23-Apr-2008 DIVIDEND Interim Dividend RM 0.006 Dividend Detail
23-Nov-2004 08-Dec-2004 DIVIDEND Special Dividend RM 0.01 Dividend Detail
27-Feb-2004 22-Apr-2004 DIVIDEND Interim Dividend 1.5% Dividend Detail
28-Feb-2003 23-Apr-2003 DIVIDEND Interim Dividend 1.5% Dividend Detail
26-Feb-2002 01-Apr-2002 DIVIDEND Interim Dividend 5% Dividend Detail
28-Feb-2001 30-Mar-2001 DIVIDEND Interim Dividend 5% Dividend Detail
02-Mar-2000 04-Apr-2000 DIVIDEND Interim Dividend 3%


NOW MUI PROP IS TURNING INTO A NET CASH COMPANY & EVEN MORE CASH COMING IN AS THE SALE OF HOUSES IN BANDAR SPRINGHILL IS VERY GOOD (GO SEE MUI BHD ANNUAL REPORT)



BEST NEWS NOW!! CEO ANDREW KHOO HAS TAKEN OVER MUI BHD FROM HIS FATHER AND HE SAID THAT HE WILL REVAMP MUI GROUP TO REWARD SHAREHOLDERS WITH DIVIDEND

SO WE CAN EXPECT MUI PROP TO RESUME GIVING OUT DIVIDENDS AGAIN!!

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 10:51 | Report Abuse

7) MUI PROP IS NOW AT CYCLICAL LOWS. AND IT WILL GO UP IN ITS CYCLICAL HIGH AGAIN OF 50 SEN!!

Althogh price has gone up from 17.5 sen since yesterday MUI PROP Is Still at Its Cyclical Lows at 20.5 sen

ITS CYCLICAL HIGHS WAS ABOUT 50 SEN In YEAR 2014 When it was rumoured that Dr Yu wanted to buy over PM Securities!

And Dr Yu is still in Top 30 Holders of Mui Prop

apolloang

18,163 posts

Posted by apolloang > 2019-04-09 10:52 | Report Abuse

but u said don't buy property stocks

陳彥霆

937 posts

Posted by 陳彥霆 > 2019-04-09 10:53 | Report Abuse

now 23.5c , can i buy?

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 10:59 | Report Abuse

8) THE COMMERCIAL ANGLE OF TUN DAIM FOR ECRL IS ALSO THE SAME VISION OF MUI PROP!!



TUN DAIM Has Revealed that there will be an added COMMERCIAL VALUE TO ECRL

THIS IS THE VISION OF MUI PROP!!

ITS REMAINING ACRES OF FREHOLD LANDS IN BANDAR SPRINGHILL IS FOR COMMERCIAL PURPOSES!!

ITS 4.6 ACRES OF PRIME LAND BANKS IN SEREMBAN CBD IS ALSO FULLY COMMERCIAL

PM SECURIES BEST PERFORMING STOCK BROKERING FIRM ALSO LOCATED IN SEREMBAN!!

8) THE COMMERCIAL ANGLE OF TUN DAIM FOR ECRL IS ALSO THE SAME VISION OF MUI PROP!!



Initially priced at RM66 billion, the ECRL will have its costs cut by more than RM10 billion. The report added that both countries had come to a resolution for the re-negotiated project that includes new commercial elements which will bring added benefits to local entrepreneurs and people.

https://paultan.org/2019/04/08/ecrl-project-to-resume-at-reduced-scale-cost-report/

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 11:01 |

Post removed.Why?

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 11:02 | Report Abuse

10) CALVIN HAS A MODEST TARGET PRICE OF MUI PROP AT 50 SEN

FROM HERE WE CAN EXPECT MORE THAN 100% UPSIDE

PROPERTIES LIKE CEMENT, STEEL, OIL & GAS ARE ALL CYCLICAL IN NATURE

PETRONAS NEEDING 54.7 MILLIONS BARRELS OF EXTRA OIL FOR RAPID TRIGGERED MORE CAPEX FOR UPSTREAM EXPLORATION AND EXTRACTION - LEADING TO OGSE BULL RUN. NEXTR WILL BE SME SUPPORT OGSE LIKE T7 GLOBAL

THEN PH GOVT FLUSHED WITH EXTRA REVENUE FROM PETRONAS RELAUNCH ECRL

AND ECRL REROUTE OF SEREMBAN NOW GIVES IMPETUS FOR MORE DEVELOPMENT IN SEREMBAN

EXPECT INVESTMENTS TO FLOCK INTO SEREMBAN

SE WE PRE EMPT ALL BY BUYING FIRST INTO MUI PROP TO LOCK IN EARLY

ANOTHER UPCOMING FACTOR IS THE PM IN WAITING TAN SRI ANWAR IBRAHIM WHO IS BRINGING FRESH DEVELOPMENT TO PD WHICH IS 10 MINUTES FROM BANDAR SPRINGHILL

ALL THESE CONVERGING FACTORS WILL PUSH UP MUI PROP LIKE NEVER BEFORE!!



BEST REGARDS

Calvin Tan Research

Singapore



Please buy or sell after doing your own due diligence

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 11:24 | Report Abuse

See Mui Prop Quality Houses For Sale

https://www.youtube.com/watch?v=ZHkCvWoaqkE

mamatede

3,950 posts

Posted by mamatede > 2019-04-09 11:51 | Report Abuse

Visiting the hyped counter now. Woah like this also can.

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 12:03 | Report Abuse

Mui Prop not yet 50 sen lah

If you play day trading then be careful

IF YOU BUY AND HOLD THEN VERY GOOD!!

apolloang

18,163 posts

Posted by apolloang > 2019-04-09 12:07 | Report Abuse

mui prop from 17cts can up to 50cts? then my ken should be above 1.50 lah….both also property company

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 12:13 | Report Abuse

Mui Prop got HONEST CEO IN ANDREW KHOO (Ken or kena saya tak tahu?)

calvintaneng

56,632 posts

Posted by calvintaneng > 2019-04-09 12:14 | Report Abuse

Last time Andrew Khoo in charge of Pm Corp

See Pm Corp gave a chun chun 8 sen CASH PAYOUT

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