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

Myeye

1,373 posts

Posted by Myeye > 2019-07-29 10:04 | Report Abuse

~.~

thesteward

6,782 posts

Posted by thesteward > 2019-08-23 12:57 | Report Abuse

Flying sooooonnnnn maybe tomorrow ???

Myeye

1,373 posts

Posted by Myeye > 2019-08-26 15:16 | Report Abuse

~.~ + 0.19

mikeann

831 posts

Posted by mikeann > 2019-08-26 19:33 | Report Abuse

Rebounding imminent. First resistance at 0.22

thesteward

6,782 posts

Posted by thesteward > 2019-08-27 12:23 | Report Abuse

Muiprop so terrible what happened

gogreen

236 posts

Posted by gogreen > 2019-08-27 13:13 | Report Abuse

Give up bye bye . Shit counter & shit attacker. Sure karma.

thesteward

6,782 posts

Posted by thesteward > 2019-08-29 20:57 | Report Abuse

Must be some very very bad news upcoming thats why v good quarter always drop like mad

kmwong8711

639 posts

Posted by kmwong8711 > 2019-08-29 21:43 | Report Abuse

Quarter Result on 30-Jun-2019[#4] QoQ - 874.16% YoY - 1,148.98%.
GOOD quarter

mikeann

831 posts

Posted by mikeann > 2019-08-30 08:35 | Report Abuse

Excellent profit reported of 23 m. Increase of 253 % over previous yr. EPS is 2.31 sen. PER improved to just 10.

mikeann

831 posts

Posted by mikeann > 2019-09-03 21:49 | Report Abuse

Very strange. Good financial results but share price dropping every day. WHY ????

What is the reason ??

gogreen

236 posts

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

I will use my $ to support this counter once I get salary this month, hahaha...

dmksn

686 posts

Posted by dmksn > 2019-09-04 12:29 | Report Abuse

Such a good bargain, will see and prepare collect more at low if drop below 0.165 52 weeks

Myeye

1,373 posts

Posted by Myeye > 2019-09-04 16:21 | Report Abuse

~.~ catch a ball +0.165 !! ~.~

dmksn

686 posts

Posted by dmksn > 2019-09-06 16:10 | Report Abuse

Sharks likely let it free fall 0.14 o 0.15 ever since qr report, they want to collect more at cheaper price before it's bombing in future. ECRL benefits this counter.

aaabbbccc

507 posts

Posted by aaabbbccc > 2019-09-06 18:25 | Report Abuse

buy nw..

dmksn

686 posts

Posted by dmksn > 2019-09-06 18:48 | Report Abuse

left to right hand, you can barely see the volume quite high for 2 weeks. Come back and collect when there is lesser volume

aaabbbccc

507 posts

Posted by aaabbbccc > 2019-09-06 21:30 | Report Abuse

will go back 0.2 definitely..

mikeann

831 posts

Posted by mikeann > 2019-09-06 22:54 | Report Abuse

Basement price with little downside. Rebound imminent

Good123

26,620 posts

Posted by Good123 > 2019-09-10 15:42 | Report Abuse

:)

MUI Properties Bhd saw 39.46 million shares or a 5.3% stake change hands in five direct deals for RM10.26 million in total on June 14. The transacted price of 26 sen was at a premium to the 22.5 sen to 23.5 sen apiece the stock fetched on the open market that day. The parties involved in the deals were unknown at the time of writing.

Tan Sri Khoo Kay Peng — who in April passed the executive chairman’s post he had held since 1979 to his son and former CEO Andrew Khoo Boo Yeow — controls 74.3% of the company through Malayan United Industries Bhd and other private vehicles.

Good123

26,620 posts

Posted by Good123 > 2019-09-10 15:42 | Report Abuse

Anything interesting coming?

Posted by 129055444514385 > 2019-09-10 15:45 | Report Abuse

grab some, no harm haha

ECRL PASSING SEREMBAN: WHY MUI PROPERTY (3913) WILL GO UP BY 100% TO 200%, Calvin Tan Research

Author: calvintaneng | Publish date: Tue, 9 Apr 2019, 8:07 AM




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



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!

Posted by 129055444514385 > 2019-09-10 15:46 | Report Abuse

Muiprop, Muiind - Negeri sembilan ECRL, potential 100% gain
Author: share4u2019 | Publish date: Mon, 8 Apr 2019, 9:16 AM

High Chance to be the largest beneficial counter if ECRL rerouted to Negeri Sembilan!!!!!





FIELD TRIP & PHOTOS OF BANDAR SPRINGHILL, NEGERI SEMBILAN OF MUIPROP . Mui Bhd owns 70% of Mui Prop
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/133866.jsp





Muiprop owns nothing more but left Negeri Sembilan land only





Now Loke says it: ECRL will benefit Negeri Sembilan
https://www.freemalaysiatoday.com/category/nation/2019/04/07/now-loke-says-it-ecrl-will-benefit-negeri-sembilan/

Posted by 129055444514385 > 2019-09-10 15:47 | Report Abuse

grab fast3

Recent Prices
Date Open Range Close Change Volume
06/09/2019 0.17 0.16 - 0.17 0.165 0.00 (0.00%) 3,642,100
05/09/2019 0.165 0.16 - 0.17 0.165 -0.005 (2.94%) 4,519,300
04/09/2019 0.17 0.165 - 0.175 0.17 +0.005 (3.03%) 6,802,300
03/09/2019 0.175 0.165 - 0.175 0.165 -0.015 (8.33%) 3,853,900
30/08/2019 0.175 0.17 - 0.18 0.18 +0.005 (2.86%) 5,347,000
29/08/2019 0.175 0.165 - 0.175 0.175 0.00 (0.00%) 3,088,100
28/08/2019 0.175 0.17 - 0.175 0.175 0.00 (0.00%) 4,979,800
27/08/2019 0.185 0.175 - 0.185 0.175 -0.015 (7.89%) 8,058,900
26/08/2019 0.195 0.185 - 0.195 0.19 -0.005 (2.56%) 5,736,200
23/08/2019 0.195 0.19 - 0.20 0.195 0.00 (0.00%) 5,637,500
22/08/2019 0.195 0.195 - 0.20 0.195 +0.005 (2.63%) 4,010,100
21/08/2019 0.19 0.19 - 0.19 0.19 0.00 (0.00%) 49,300
20/08/2019 0.19 0.19 - 0.195 0.19 0.00 (0.00%) 2,442,500
19/08/2019 0.195 0.19 - 0.20 0.19 -0.005 (2.56%) 711,200
16/08/2019 0.195 0.195 - 0.195 0.195 -0.005 (2.50%) 330,000
15/08/2019 0.21 0.195 - 0.21 0.20 -0.015 (6.98%) 311,100
14/08/2019 0.185 0.185 - 0.215 0.215 +0.035 (19.44%) 1,924,100

Posted by 129055444514385 > 2019-09-10 15:49 | Report Abuse

share buyback bila start, undervalued a lot

04-Oct-2006 04-Oct-2006 Buyback 45,000 0.220 0.230 View Detail
29-Sep-2006 04-Oct-2006 Buyback 145,000 0.220 0.250 View Detail
29-Sep-2006 29-Sep-2006 Buyback 100,000 0.240 0.250 View Detail
28-Sep-2006 28-Sep-2006 Buyback 40,000 0.250 0.255 View Detail
27-Sep-2006 27-Sep-2006 Buyback 65,000 0.250 0.260 View Detail
26-Sep-2006 26-Sep-2006 Buyback 60,000 0.250 0.260 View Detail
25-Sep-2006 25-Sep-2006 Buyback 55,000 0.245 0.255 View Detail
22-Sep-2006 28-Sep-2006 Buyback 285,000 0.245 0.260 View Detail
22-Sep-2006 22-Sep-2006 Buyback 65,000 0.250 0.255 View Detail
21-Sep-2006 21-Sep-2006 Buyback 40,000 0.245 0.255 View Detail
20-Sep-2006 20-Sep-2006 Buyback 30,000 0.250 0.255 View Detail
19-Sep-2006 19-Sep-2006 Buyback 20,000 0.245 0.255 View Detail
18-Sep-2006 18-Sep-2006 Buyback 15,000 0.245 0.250 View Detail
15-Sep-2006 21-Sep-2006 Buyback 135,000 0.235 0.255 View Detail
15-Sep-2006 15-Sep-2006 Buyback 30,000 0.235 0.245 View Detail
14-Sep-2006 14-Sep-2006 Buyback 30,000 0.225 0.235 View Detail
13-Sep-2006 13-Sep-2006 Buyback 20,000 0.220 0.230 View Detail
12-Sep-2006 12-Sep-2006 Buyback 15,000 0.220 0.235 View Detail
11-Sep-2006 11-Sep-2006 Buyback 15,000 0.220 0.225 View Detail
08-Sep-2006 14-Sep-2006 Buyback 100,000 0.215 0.235 View Detail
08-Sep-2006 08-Sep-2006 Buyback 20,000 0.215 0.220 View Detail
07-Sep-2006 07-Sep-2006 Buyback 20,000 0.210 0.215 View Detail
06-Sep-2006 06-Sep-2006 Buyback 15,000 0.205 0.225 View Detail
05-Sep-2006 05-Sep-2006 Buyback 15,000 0.205 0.210 View Detail
04-Sep-2006 07-Sep-2006 Buyback 65,000 0.205 0.225 View Detail

Posted by 129055444514385 > 2019-09-10 15:49 | Report Abuse

52 Weeks Range: 0.16 - 0.28
52 Weeks Price Volatility (%):
4.17%

dmksn

686 posts

Posted by dmksn > 2019-09-10 15:49 | Report Abuse

Nice, lesser volume today. Mean that accumulation is coming to end. Hold and watch !

Posted by 129055444514385 > 2019-09-10 15:52 | Report Abuse

more n more profitABLE ALSO

Date Financial Result Financial Ratio Per Share Item Performance
Ann. Date
Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
DPS
NAPS
QoQ
YoY
Financial Year: 30-Jun-2019
29-Aug-2019 30-Jun-2019 14,103 12,909 11,668 10,404 82.73% 3.83% 1.40 0.00 0.3667 874.16% 1,148.98%
30-May-2019 31-Mar-2019 15,658 3,325 2,351 1,068 15.01% 0.41% 0.14 0.00 0.3528 -37.10% -39.25%
12-Feb-2019 31-Dec-2018 15,434 5,781 3,603 1,698 23.34% 0.65% 0.23 0.00 0.3519 -50.38% 473.65%
21-Nov-2018 30-Sep-2018 12,279 5,263 5,013 3,422 40.83% 1.30% 0.46 0.00 0.3542 310.80% 8,455.00%

Posted by 129055444514385 > 2019-09-10 15:56 | Report Abuse

SEREMBAN (Aug 26): Nilai is being considered as one of the stations in the East Coast Rail Link (ECRL) project, aside from Kuala Klawang in Jelebu.

Negeri Sembilan Menteri Besar Datuk Seri Aminuddin Harun said the proposal was raised during a meeting between the State Government and Malaysia Rail Link Sdn Bhd (MRL) on Aug 8.

"The state government was informed that the ECRL route has not been finalised and needed to be studied from various aspects such as the social, environmental and operational impact, service level, unity and integration aspect, costs, and challenges in the implementation.

"In this regard, the first session of the discussion on the selected route was held with MRL on Aug 8. MRL had proposed a route that includes two stations in Negeri Sembilan, at Kuala Klawang and Nilai.

"There will be a briefing on the latest route for state councillors on Sept 18," he said in response to Yap Yew Weng (DAP-Mambau) during the second sitting of the second term of the 14th State Legislative Assembly here today.

Aminuddin who is also Sikamat assemblyman said various benefits would be derived from the ECRL development such as employment opportunities in construction and transportation, as well as economic growth for Jelebu.

"The business environment will also be transformed, with the influx of workers. It will open more opportunities for small and medium economies besides increasing demand for food, housing, shops and transportation.

"Aside from that, the project could also be a catalyst for the tourism sector in Jelebu and at the same time promote existing ecotourism products such as the Kenaboi State Park and other forest eco parks," he said.

Meanwhile, Datuk Seri Mohamad Hasan (BN-Rantau) proposed for the Nilai ECRL station to be turned into an integrated transport hub.

"We want to propose to the state government to take into account the Malaysia Vision Valley 2.0 (MVV 2.0) development as there was in the initial plan, a station in the Kuala Lumpur-Singapore high-speed rail (HSR) project that had been approved as a station of international standard.

"We propose that the Nilai station be made an integrated transportation hub and if possible, for the ECRL line to be extended to enable east coast passengers to reach Kuala Lumpur International Airport (KLIA) directly," he said. — Bernama

Posted by 129055444514385 > 2019-09-10 16:00 | Report Abuse

Bandar Springhill
From Wikipedia, the free encyclopedia
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This article does not cite any sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (August 2009) (Learn how and when to remove this template message)
Bandar Springhill (Chinese: 春泉镇) is a township in Port Dickson District, Negeri Sembilan, Malaysia, This township is located near Lukut town.

Development
West Synergy Sdn Bhd, a 60-40 joint-venture between MUI Properties Berhad and Chin Teck Plantations Berhad planned out to develop the 2,000-acre (8.1 km2) freehold land into the following components:

Springhill Park
Springhill Gardens
Springhill Heights
Springhill Commercial Centre
E4 (Olive & Maple)
E7-1 (Peony & Freesia)
E7-2 (Irises & Cosmos)
E8 (Cempaka)
About
First launched in July 1997
2000 acre freehold integrated township situated between Seremban and Port Dickson
Good accessibility via the North-South Highway, Seremban-Port Dickson Highway, & the Seremban-Port Dickson trunk road
Well-balanced mix of residential, commercial, industrial and recreational developments
Supported by modern communal facilities such as polyclinics, medical healthcare center, kindergartens, schools, higher educational centers, recreational centers and shopping centers.
External links
Official website
Facebook : www.facebook.com/bandarspringhillseremban
Instagram : www.instagram.com/bandarspringhill

Posted by 129055444514385 > 2019-09-10 16:05 | Report Abuse

NEW BLOOD, NEW STRATEGY , GOOD

Steering MUI group out of the doldrums
Supriya Surendran
/
The Edge Malaysia

December 31, 2018 17:00 pm +08

This article first appeared in The Edge Malaysia Weekly, on December 24, 2018 - December 30, 2018.

Andrew: I would like to see MUI as a lifestyle company. We own brands, we know how to activate a brand — it is a lifestyle-driven business proposition. Photo by Mohd Shahrin Yahya/The Edge

-A+A
FOR younger investors who started buying equities a decade ago or later, MUI group could be an unfamiliar name. After its glory days of the 1980s and 1990s, MUI group dropped off the radar screens.

Its four Bursa Malaysia-listed entities — Malayan United Industries Bhd (MUI), MUI Properties Bhd, Pan Malaysia Corp Bhd and Pan Malaysia Holdings Bhd — are currently trading at below 30 sen per share. Its UK-listed fashion and houseware brand, Laura Ashley Holdings plc, has been on a downward trend as well, with the counter falling from its peak of £29.75 to a 15-year low of £3.75 last Thursday. Of the five units, only MUI Properties is profitable.

About four years ago, rumour was rife that the founder and controlling shareholder Tan Sri Khoo Kay Peng, who has been out of the corporate limelight for a long time, was planning to restructure and revamp the group. At the time, asset stripping was said to be the strategy to unlock the hidden value of the group, which owns hotels, department stores and a securities firm among others.

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True enough, it turned out to be speculation and nothing much happened.

Now, Kay Peng, 80, has tasked his second son, 46-year-old Andrew Khoo Boo Yeow, with steering the MUI group out of the doldrums. And this time, a concrete plan has been outlined to make the MUI group relevant again for the investing fraternity and consumers.

Andrew sees his immediate task as strengthening the foundations and putting the flagship MUI and the other companies in the group on a firm footing and then growing the businesses.

Under his stewardship, the group is undergoing a restructuring to make it a more lean and understandable structure. In the process, dormant companies are being shut down.

“One-third of the restructuring is completed. I want MUI to have no more than two listed companies in Malaysia. I want to bring as many of our assets as possible into MUI as part of the restructuring process. We should be able to complete it in two years.

“Ultimately, it is about unlocking value for our stakeholders. That is partly why we are doing this,” Andrew tells The Edge.

The group is open to asset disposals. In fact, it has already started down the divestment trail. Andrew says he is not that attached to the assets, but he stresses that disposals must take place at the right time and at the right price.

Its prime assets include the Corus Hotel in Jalan Ampang, Kuala Lumpur, and Corus Hotel Hyde Park in London.

Given its net tangible assets per share of 17 sen as at Sept 30, the group’s total net assets work out to RM527 million — which those who know the list of its assets would say does not reflect the true value. Corus Hotel Kuala Lumpur alone was reported to be valued at about RM310 million last year.

MUI’s market capitalisation was RM484 million based on last Friday’s close of 16.5 sen per share.

However, MUI has no intention of revaluing the assets, although this could give an instant boost to earnings with a hefty revaluation gain.

Asset disposals have helped the group pare down its losses. Its net loss for the financial year ended June 30 (FY2018), more than halved to RM56.08 million year on year after it sold three hotels.

“Right now we are still loss-making, although we have reduced our losses substantially. In the next one to two years, we hope to break even or enter positive territory.

“If our business development ventures bear fruit, we can propel our revenue forward. I would like to see MUI as a lifestyle company. We own brands, we know how to activate a brand — it is a lifestyle-driven business proposition,” Andrew says.

And that would be one proposition investors will continue to evaluate.


Making Metrojaya great again

Andrew’s vision for MUI, especially for its retail, property and hotel businesses, has been widely reported in the press this year, including his plans to bring a lifestyle concept to the group’s businesses.

His plans for MUI’s best known business venture — Metrojaya department stores — come at a tough time for the domestic retail sector. Indeed, MUI acknowledges this in its 2018 annual report. It says Metrojaya faces challenging retail conditions with increased competition from traditional retailers and online shopping portals, against a backdrop of uncertain consumer sentiment.

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

Posted by 129055444514385 > 2019-09-10 16:05 | Report Abuse

MUIPROP Financial Information
Market Capital (RM)
: 126.07m
Number of Share
: 764.06m
EPS (cent)
: 2.17 *
P/E Ratio
: 7.60
ROE (%)
: 5.91

NTA (RM)
: 0.367
Par Value (RM)
: 0.200

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

Posted by 129055444514385 > 2019-09-10 16:06 | Report Abuse

pe RATIO LESS THAN 8 TIMES

Posted by 129055444514385 > 2019-09-10 16:07 | Report Abuse

HALAL JUGA

Corporate Information
Website : Link
Corporate Name : MUI PROPERTIES BERHAD
Symbol & Code : MUIPROP (3913)
Board : MAIN
Shariah : Shariah Compliant Compliant
Sector : Property
Sub-Sector : Property

Posted by 129055444514385 > 2019-09-10 16:07 | Report Abuse

MORE PROFITS GENERATED

MUIPROP Quarter Report History
Date Financial
Year No. Financial
Quarter Revenue
(RM,000) PBT (RM,000) Net Profit
(RM,000) EPS (Cent) Dividend
(Cent) NTA
(RM) Download
Report
29 Aug 2019 30 Jun 2019 4 30 Jun 2019 14,103 12,909 10,404 1.40 0.00 0.367 Malaysia Stock - KLSE Quarter Report History 1149%
30 May 2019 30 Jun 2019 3 31 Mar 2019 15,658 3,325 1,068 0.14 0.00 0.353 Malaysia Stock - KLSE Quarter Report History 39%
12 Feb 2019 30 Jun 2019 2 31 Dec 2018 15,434 5,781 1,698 0.23 0.00 0.352 Malaysia Stock - KLSE Quarter Report History 474%
21 Nov 2018 30 Jun 2019 1 30 Sep 2018 12,279 5,263 3,422 0.46 0.00 0.354 Malaysia Stock - KLSE Quarter Report History 8455%

Posted by 129055444514385 > 2019-09-10 16:08 | Report Abuse

iN GOOD HAND...

MUI PROPERTIES BERHAD

Date of change 26 Apr 2019
Name MR ANDREW KHOO BOO YEOW
Age 46
Gender Male
Nationality Australia
Type of change Redesignation
Previous Position Chief Executive Officer
New Position Executive Chairman
Directorate Executive
Qualifications
No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Professional Qualification
Barrister-At-Law
Lincolns Inn, United Kingdom.
2
Masters
Master of Business Administration
Seattle Pacific University, United States of America.
3
Masters
Master of Arts
Cambridge University, United Kingdom.
4
Degree
Bachelor of Arts, Major in Political Science
University of Victoria, Canada.
5
Degree
Degree in Law
Cambridge University, United Kingdom.
6
Diploma
AHMA Hotel Diploma, Major in Sales & Marketing
London Hotel School, United Kingdom

Posted by 129055444514385 > 2019-09-10 16:14 | Report Abuse

Quarter Ended 30 June 2019 vs Quarter Ended 30 June 2018
Financial Year Ended 30 June 2019 vs Financial Year Ended 30 June 2018
MUI PROPERTIES BERHAD
Company No : 6113-W
(Incorporated in Malaysia)
QUARTER ENDED
For the current quarter under review, the Group recorded revenue of RM14.1 million and PBT of RM12.9
million compared with revenue of RM14.4 million and PBT of RM3.2 million in the previous year
corresponding quarter. Lower revenue for the current quarter ended 30 June 2019 was mainly due to
adoption of MFRS 15 whereby legal fees for sales of properties are to be deducted from the revenue.
Higher PBT recorded for the quarter ended 30 June 2019 was mainly due to the recognition of fair value
gain of RM9.3 million on investments.
CUMULATIVE 12 MONTHS
For the financial year ended 30 June 2019, the Group recorded revenue of RM57.5 million compared with
revenue of RM40.3 million in the previous financial year. Higher revenue for the financial year ended 30
June 2019 was mainly attributed to higher percentage of completion of works from Phase E7-2 as compared
to Phase E7-1 and E8 in Bandar Springhill in the previous financial year. Higher PBT of RM27.3 million
recorded for the financial year ended 30 June 2019 was mainly due to the said higher revenue recognition,
gain on disposal of investment properties of RM3.3 million and the recognition of fair value gain of RM9.3
million on investments

Posted by 129055444514385 > 2019-09-10 16:15 | Report Abuse

In response to the increasing demand for affordable housing in the country, the Group targets to launch new
phases of double-storey terrace houses in the fourth quarter of 2019 and second quarter of 2020.
The Group has also initiated plans to optimise demand for its affordable landed residential properties. They
include building a clubhouse and upgrading existing streetscape and lake park. These initiatives will
enhance the lifestyle components of Bandar Springhill, making the development more attractive to home
buyers. Owing to this, the Group expects to show positive performance in the next financial year

Posted by 129055444514385 > 2019-09-10 16:19 | Report Abuse

direct deal ... buy quick3 haha


History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
20/08/2019 00:00:00 0.2400 0.0500 6.200m 6.200m 1.488m 1.488m 0.2400 0.8115 -
15/08/2019 00:00:00 0.2400 0.0250 19.900m 19.900m 4.776m 4.776m 0.2400 2.6045 -
19/07/2019 00:00:00 0.1900 -0.0150 2.100m 4.600m 399,000 874,000 0.1900 0.2748 -
19/07/2019 00:00:00 0.1900 -0.0150 2.500m 4.600m 475,000 874,000 0.1900 0.3272 -
18/07/2019 00:00:00 0.1900 -0.0150 9.200m 9.200m 1.748m 1.748m 0.1900 1.2041 -
15/07/2019 00:00:00 0.1900 -0.0150 6.100m 6.100m 1.159m 1.159m 0.1900 0.7984 -
14/06/2019 00:00:00 0.2600 0.0300 12.600m 39.460m 3.276m 10.260m 0.2600 1.6491 -
14/06/2019 00:00:00 0.2600 0.0300 13.850m 39.460m 3.601m 10.260m 0.2600 1.8127 -
14/06/2019 00:00:00 0.2600 0.0300 7.542m 39.460m 1.961m 10.260m 0.2600 0.9871 -
14/06/2019 00:00:00 0.2600 0.0300 1.638m 39.460m 425,854 10.260m 0.2600 0.2144 -
14/06/2019 00:00:00 0.2600 0.0300 3.830m 39.460m 995,800 10.260m 0.2600 0.5013 -
29/04/2019 00:00:00 0.2050 - 11.600m 11.600m 2.378m 2.378m 0.2050 1.5182 -
25/04/2019 00:00:00 0.2250 0.0200 50,000 50,000 11,250 11,250 0.2250 0.0065 -
24/04/2019 00:00:00 0.2000 -0.0100 11.200m 11.200m 2.240m 2.240m 0.2000 1.4659 -
04/01/2019 00:00:00 0.2500 0.0250 12.700m 16.504m 3.175m 4.126m 0.2500 1.6622 -
04/01/2019 00:00:00 0.2500 0.0250 104,100 16.504m 26,025 4.126m 0.2500 0.0136 -
04/01/2019 00:00:00 0.2500 0.0250 3.700m 16.504m 925,000 4.126m 0.2500 0.4843 -

Posted by 129055444514385 > 2019-09-10 16:20 | Report Abuse

ECRL boosted its property value.... HSR another boost next year haha

Posted by 129055444514385 > 2019-09-10 16:21 | Report Abuse

MUI prop is under a Cambridge univ trained lawyer, andrew.... corporate governance will be much better in the coming years

Posted by 129055444514385 > 2019-09-10 16:33 | Report Abuse

interesting time :)

Changes in Shareholdings

MUI PROPERTIES BERHAD
No Announcement Date Title
1 25 Apr 2019 Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - SOO LAY HOLDINGS SDN BHD
2 25 Apr 2019 Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MALAYAN UNITED INDUSTRIES BERHAD
3 25 Apr 2019 Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - NORCROSS LIMITED
4 25 Apr 2019 Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - TAN SRI DATO' KHOO KAY PENG
5 25 Apr 2019 Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - CHERUBIM INVESTMENT (HK) LIMITED
6 25 Apr 2019 Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - KKP HOLDINGS SDN BHD
7 25 Apr 2019 Changes in Director's Interest (Section 219 of CA 2016) - TAN SRI DATO' KHOO KAY PENG

Posted by 129055444514385 > 2019-09-10 16:36 | Report Abuse

RSI(14) Neutral 32.7
Stochastic(14) Oversold 0.0
Average Volume 1,624,600
Relative Volume 0.4

Posted by 129055444514385 > 2019-09-10 16:37 | Report Abuse

it will rebound... be patient

Quick take: MUI Properties up 17% in active trade
TheStar Tue, Apr 09, 2019 10:30am - 5 months ago



KUALA LUMPUR: Shares in MUI Properties Bhd gained more than 17% in early trade Tuesday.


The counter jumped 17.07%, or 3.5 sen to 24 sen with 13.81 million shares done. It has fallen some 11.32% in the past one year.



The company has not made any corporate announcements recently.


For the first six months ended Dec 31, 2018, MUI Properties posted a net profit of RM5.6mil against RM336,000 in the same period a year ago.


Its revenue for the period stood at RM27.7mil, up 124% from RM12.37mil a year previously.


Last December, Tan Sri Khoo Kay Peng, announced his retirement as executive chairman of Malayan United Industries Bhd (MUI) after four decades at its helm.


Concurrently, his eldest son Andrew Khoo Boo Yeow, 46, has been appointed by the MUI board as its executive chairman after assuming the role of group chief executive officer from Jan 1, 2018.

Posted by 129055444514385 > 2019-09-10 16:38 | Report Abuse

a different company under different leadership

Steering MUI group out of the doldrums
TheEdge Mon, Dec 31, 2018 05:00pm - 8 months ago


FOR younger investors who started buying equities a decade ago or later, MUI group could be an unfamiliar name. After its glory days of the 1980s and 1990s, MUI group dropped off the radar screens.

Its four Bursa Malaysia-listed entities — Malayan United Industries Bhd (MUI), MUI Properties Bhd, Pan Malaysia Corp Bhd and Pan Malaysia Holdings Bhd — are currently trading at below 30 sen per share. Its UK-listed fashion and houseware brand, Laura Ashley Holdings plc, has been on a downward trend as well, with the counter falling from its peak of £29.75 to a 15-year low of £3.75 last Thursday. Of the five units, only MUI Properties is profitable.

About four years ago, rumour was rife that the founder and controlling shareholder Tan Sri Khoo Kay Peng, who has been out of the corporate limelight for a long time, was planning to restructure and revamp the group. At the time, asset stripping was said to be the strategy to unlock the hidden value of the group, which owns hotels, department stores and a securities firm among others.

True enough, it turned out to be speculation and nothing much happened.

Now, Kay Peng, 80, has tasked his second son, 46-year-old Andrew Khoo Boo Yeow, with steering the MUI group out of the doldrums. And this time, a concrete plan has been outlined to make the MUI group relevant again for the investing fraternity and consumers.

Andrew sees his immediate task as strengthening the foundations and putting the flagship MUI and the other companies in the group on a firm footing and then growing the businesses.

Under his stewardship, the group is undergoing a restructuring to make it a more lean and understandable structure. In the process, dormant companies are being shut down.

“One-third of the restructuring is completed. I want MUI to have no more than two listed companies in Malaysia. I want to bring as many of our assets as possible into MUI as part of the restructuring process. We should be able to complete it in two years.

“Ultimately, it is about unlocking value for our stakeholders. That is partly why we are doing this,” Andrew tells The Edge.

The group is open to asset disposals. In fact, it has already started down the divestment trail. Andrew says he is not that attached to the assets, but he stresses that disposals must take place at the right time and at the right price.

Its prime assets include the Corus Hotel in Jalan Ampang, Kuala Lumpur, and Corus Hotel Hyde Park in London.

Given its net tangible assets per share of 17 sen as at Sept 30, the group’s total net assets work out to RM527 million — which those who know the list of its assets would say does not reflect the true value. Corus Hotel Kuala Lumpur alone was reported to be valued at about RM310 million last year.

MUI’s market capitalisation was RM484 million based on last Friday’s close of 16.5 sen per share.

However, MUI has no intention of revaluing the assets, although this could give an instant boost to earnings with a hefty revaluation gain.

Asset disposals have helped the group pare down its losses. Its net loss for the financial year ended June 30 (FY2018), more than halved to RM56.08 million year on year after it sold three hotels.

“Right now we are still loss-making, although we have reduced our losses substantially. In the next one to two years, we hope to break even or enter positive territory.

“If our business development ventures bear fruit, we can propel our revenue forward. I would like to see MUI as a lifestyle company. We own brands, we know how to activate a brand — it is a lifestyle-driven business proposition,” Andrew says.

And that would be one proposition investors will continue to evaluate.


Making Metrojaya great again

Andrew’s vision for MUI, especially for its retail, property and hotel businesses, has been widely reported in the press this year, including his plans to bring a lifestyle concept to the group’s businesses.

His plans for MUI’s best known business venture — Metrojaya department stores — come at a tough time for the domestic retail sector. Indeed, MUI acknowledges this in its 2018 annual report. It says Metrojaya faces challenging retail conditions with increased competition from traditional retailers and online shopping portals, against a backdrop of uncertain consumer sentiment.

Andrew agrees that department stores as they stand today are becoming outdated and, hence, changes are needed.

“Department stores will have a dim future if we don’t make changes. We need to be open-minded and aggressive in changing the dynamics of the business. If this works, it could be a beacon of light for department stores in the future, but only time will tell,” he says.

“I am not ready to give up on the idea yet, but department stores as we know them must change. It could mean a reduced footprint ... smaller stores.”

Posted by 129055444514385 > 2019-09-10 16:45 | Report Abuse

muiprop should start paying dividend about RM68mil+ cash & cash equivalents @30 June 2019 & retained profits more than RM100mil +

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% Dividend Detail

Posted by 129055444514385 > 2019-09-10 16:46 | Report Abuse

if you deduct all current liabilities from all current assets, u will get cash per share higher than its current market price per share now haha

aaabbbccc

507 posts

Posted by aaabbbccc > 2019-09-10 17:03 | Report Abuse

today close lower.. y

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