MALPAC HOLDINGS BHD

KLSE (MYR): MALPAC (4936)

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Last Price

0.835

Today's Change

+0.005 (0.60%)

Day's Change

0.835 - 0.84

Trading Volume

8,700


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46 comment(s). Last comment by sidra24 2024-09-18 03:08

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-03-21 08:55 | Report Abuse

Another solid yet no body buy company.
NTA > share price by 50%.
Cash Per share >50% of the share price.

duatlai

280 posts

Posted by duatlai > 2014-01-27 12:28 | Report Abuse

Malpac is small and beautiful. Stock SAWIT
Thanks for pushing the price higher

duatlai

280 posts

Posted by duatlai > 2014-02-05 15:49 | Report Abuse

Malpac wishing happy new year

duatlai

280 posts

Posted by duatlai > 2014-02-05 16:50 | Report Abuse

A stock to view
Cash 45m. plus Oil palm plantation 2033.33ha, land in Johore 6.74 ha and bungalow lots 178 pieces.
Can some value this small & beautiful

vinext

117 posts

Posted by vinext > 2014-10-27 06:12 | Report Abuse

after the lawsuits, cash shot up to rm1.90, this is good news,but no core biz

Blue Laser

205 posts

Posted by Blue Laser > 2017-11-24 10:18 | Report Abuse

The company is helmed by a bunch of lazy but quarrelsome directors. Spent the last 10 plus years in litigation on the sale of their palm oil estate but nothing about seeking new business opportunities despite being cash rich. Talk about sitting on one's bum. Even elevated one of their own to be ED though he is 79 years old! Too many EDs drinking company soup. Pity the minority shareholders.

LouiseS

286 posts

Posted by LouiseS > 2020-01-05 12:26 | Report Abuse

MALPAC's main business segments include oil palm plantations and milling.

However, the company has been involved in lawsuit which causes its plantation income to be withheld by another party, so revenue or income from plantation segment is zero. It has some income from investment holdings, but not enough to cover expenses.

Its earning performance has been overall fluctuating in last five years, whereby its earning per share overall fluctuated from -6.93 sen to -4.5sen. Making losses in all of last five years.

https://louisesinvesting.blogspot.com/2020/01/comments-on-malpac-holdings-berhad-4936.html

Petronas

815 posts

Posted by Petronas > 2021-02-12 12:38 |

Post removed.Why?

Petronas

7,640 posts

Posted by Petronas > 2021-02-14 03:06 |

Post removed.Why?

Nathan27

425 posts

Posted by Nathan27 > 2021-04-27 11:35 | Report Abuse

Cold counters moving again? Tocean Tgl Sdred woodlan malpac knusfor cwg? Maybe new wave for cold counters haha time for all the sleeping beauty’s to wake up

PakMan

429 posts

Posted by PakMan > 2021-04-27 15:43 | Report Abuse

another counter to limit up.. EDARAN

Champion

18 posts

Posted by Champion > 2021-04-27 22:26 | Report Abuse

APB is a better bet.

tpcourt123

729 posts

Posted by tpcourt123 > 2021-04-28 09:37 | Report Abuse

LU????

shearer202

1,550 posts

Posted by shearer202 > 2021-04-28 09:56 | Report Abuse

Wow , this kind of company background i really like because their boss really need money n we can join goreng together just like tocean to 10 x higher price ! Want fast money must join post pandemic goreng trend while it is still warming up with around rm 1.50 only , buy 20 , 30 lots for 25 % daily up for 2 to 4 weeks enough already ! Better than all the bank stocks need atleast 10 to 20 years only see gains n the fxxxcxx high PE tech stock ! This is the stock for smart malaysian ! Next week already rm 2.xx !

BlackWhite

1,053 posts

Posted by BlackWhite > 2021-04-29 09:29 | Report Abuse

Palm oil can go up so much, sure fishy

Berlin

399 posts

Posted by Berlin > 2021-04-29 11:02 | Report Abuse

A long neglected company because the directors, all old men, had no ideas as to what new business to venture into plus were too absorbed in decades long litigation. Or maybe they have hidden plans of their own. Malpac's cash backing already RM1 per share. Plus properties in Mount Austin, Johore at 20 year old historical book prices. On a revalued net asset basis, easily much more than the reported nta 2.29 per share, possibly well above Rm3. No borrowings. Only 75 million shares with 90% tightly held by top 30 shareholders. Under pressure to find new business or be delisted and therefore a prime candidate for a corporate exercise. Next few weeks will tell what's happening.

Posted by wallstreetrookie > 2021-05-03 11:43 | Report Abuse

Buy the dip lmao

shearer202

1,550 posts

Posted by shearer202 > 2021-05-06 15:58 | Report Abuse

Just wait for banker to push up !

shearer202

1,550 posts

Posted by shearer202 > 2021-05-06 15:59 | Report Abuse

Need some time!!

shearer202

1,550 posts

Posted by shearer202 > 2021-05-10 20:58 | Report Abuse

Lonely planet

caonima

367 posts

Posted by caonima > 2021-05-30 14:25 |

Post removed.Why?

MrsLee

977 posts

Posted by MrsLee > 2021-05-31 21:47 | Report Abuse

True...lonely planet

shearer202

1,550 posts

Posted by shearer202 > 2021-05-31 22:43 | Report Abuse

Double limit up last week u all never unload ???

Posted by wallstreetrookie > 2021-06-04 20:05 | Report Abuse

Malpac might've found new business

MrsLee

977 posts

Posted by MrsLee > 2021-06-10 18:51 | Report Abuse

Today nice....

MrsLee

977 posts

Posted by MrsLee > 2021-07-10 19:52 | Report Abuse

This counter have volume lately ..any news?

Posted by risktoreward > 2021-07-14 11:34 | Report Abuse

unfortunately its distribution volume

Posted by risktoreward > 2021-07-14 12:59 | Report Abuse

queue tak dapat, train has left the station

Posted by risktoreward > 2021-07-14 12:59 | Report Abuse

good luck malpackers

Posted by risktoreward > 2021-07-29 14:56 | Report Abuse

enter first batch @ 1.25

Posted by risktoreward > 2021-08-03 11:03 | Report Abuse

malpac coming

Posted by wallstreetrookie > 2021-08-03 11:06 | Report Abuse

Posted about this stock on 04/06. Some market color on this. Very weird but interesting play going on

Posted by risktoreward > 2021-08-04 09:45 | Report Abuse

steady amongst the chaos, if market recovers this evening, this ones gonna fly yo

Posted by risktoreward > 2021-08-04 09:46 | Report Abuse

mr market is pulling its leash now, but even on leash its breaking free inch by inch

MrsLee

977 posts

Posted by MrsLee > 2021-08-04 23:04 | Report Abuse

QR out in Aug...

Posted by wallstreetrookie > 2021-08-05 06:30 | Report Abuse

Good

Posted by risktoreward > 2021-08-05 11:02 | Report Abuse

release all @ 1.26

MrsLee

977 posts

Posted by MrsLee > 2021-08-05 21:15 | Report Abuse

Why release so fast at 1.26, risktoreward?
This month possible to reach 1.60...

Posted by risktoreward > 2021-08-05 21:18 | Report Abuse

indeed possible, happy for you if it does. but my own risk management ya, quick in quick out this month's trade

Posted by wallstreetrookie > 2021-08-25 19:06 | Report Abuse

QR doesn't matter here lol.

MrsLee

977 posts

Posted by MrsLee > 2021-08-26 20:57 | Report Abuse

No impact..haiyah

awesome20

1,198 posts

Posted by awesome20 > 2021-10-13 18:39 | Report Abuse

one time will limit up this counter

MrsLee

977 posts

Posted by MrsLee > 2022-01-08 11:59 | Report Abuse

Has been sleeping for 3months..

Dehcomic01

349 posts

Posted by Dehcomic01 > 2024-01-18 08:19 | Report Abuse

Malpac, a Bursa Malaysia plantation counter, is a Graham Net Net. The Graham Net-Net is a stock that is trading at a discount to its net current asset value (NCAV).

NCAV=Current Assets−Total Liabilities. The NCAV is often taken as a proxy for the liquidation value. This meant that even if the company were to be liquidated, investors could potentially make a profit because the market is undervaluing its current assets.

Malpac currently has a NCAV of RM 1.37 per share compared to its share price of RM 1.06 per share. Malpac has been a Graham Net Net for most of the past decade. Unfortunately if you have bought it years ago, you would not have been able to make money. This is because the company don’t really have any operations.

I have benefitted from buying Net Nets before. But this is because they were operating companies whose price became lower than the Net Net value due to poor market sentiments. They were not due to poor business prospects.

This is not the case with Malpac which is looking for a major business to get into. While it has submitted its property development plan, it will take some time for this to execute this. So if you are a fundamental investor, there are plantation companies or property companies with track records to hunt for. https://www.youtube.com/watch?v=Wn4p31y0CUQ

sidra24

2 posts

Posted by sidra24 > 2024-09-18 03:08 | Report Abuse

Spent the last 10 plus years in litigation on the sale of their palm oil estate but nothing about seeking new business opportunities despite being cash rich. Talk about sitting on one's bum. The U.S. real estate market is known for its stability compared to other asset classes. Despite occasional fluctuations, the long-term trend has generally been upward. Growth Potential https://kingnewswire.com/booming-real-estate-investment-opportunities-where-to-buy-in-the-u-s/ and Many U.S. cities and regions are experiencing significant population growth and urban development, which can drive up property values and rental income.

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