Yes muscle I have been telling people here to buy call warrants also . In fact Mphbcap-ca and cc gave me more than 50% gain . Mother share also good and very steady. Ever since it closed above 2.00, I knew it will go up and I keep adding more call warrants because of small premium ! Of course now its a bit late but can consider cc and cd if they drop . Anyway I have sold all my ca which I bought at 28 sen two months ago .
the company still hasn't activate the share buy back...when and until what price r they going to buy?do they think it price is expensive?...or did they think it's still very much cheap,that they still have time to WASTE...???
Yes gain so much in one year .Bought 1.38 to 1.43 on the first two days listing 28 June and 1st July last year . Sold some and bought back some but always make good gain . Now 2.60 . Whereas magnum didn't move .
yeah capgain excellent BUT in principle bank negara should not have any say nor any right in any dividend payments. it is NOT their money ! It's MINE !!!!!!
as previous post, 2nd quarter result will be great due to balik pulau land sale revenue recognition. it is just a matter of time dividend will be given. maybe the land sale revenue will be distributed as dividend as well. Their long term plan is to become a developer/property megahouse. They are also in talk with pavillion Desmond Lim for redevelopment of Flamingo ampang property as stated in the edge. Very steady growth under good management. If land sale not distributed, cash balance will be close to 1 billion after sales of insurance arm.
Please buy MPHB Capital if you have some spare cash. Some good news are in the bag and will be announced soon. Several tycoons like Tan Sri Lee Oi Hian, his brother, Dato Lee Soon Hian, individuals close to Tan Sri Surin have been buying this counter several months ago. They are long term investors and looking at RM4 by mid year 2015.
The insurance arm of MPHB Capital is actually a small insurance company if you were to compare it with others. However, the group has a big appetite akin to a cat with a lion's appetite. Therefore, they are numerous reinsurance risks involved if you want to be big in the industry. Hence, a stronger capital base is required. That's why MPHB Capital rope in stronger partners in order to boost financial resources. One of which, is to tie up with a foreign owned insurance company like Generali Asia from Italy. For those whom are not in the know, the insurance de tariff is in 2016. Fighting in a level playing field so to speak. However, if you fight without a foreign partner, chances is that you will lose. So, MPHB Capital has no choice but to get in the Italians. I was told a 51% divestment is on the cards. Nonetheless, the insurance biz is just a small part of MPHB Capital. They are looking into regional property development like EcoWorld.
It only proof that their capital not sufficient for insurance biz and need to topup capital. So as long as no new jv partner found to pump in capital , no div payment. Wish all good luck.
"It only proof that their capital not sufficient for insurance biz and need to topup capital. "
If their capital is not sufficient for insurance business, they won't be running a business at all. I'm not sure about how the dividend payment structure really works in an insurance company, cause i'm only a small potato working for one, but there are many control in place by BNM to ensure sufficient capital, which may be rather conservative.
BNM is revising their dividend guideline for the finance industry and they ask them to just hold on. They are loaded with cash after the sale of balik pulau land. If the sale of insurance arm goes through, they will be having reserves of about 600mil -1 billion cash. They are transforming into property players. They have lots of valuable land banks in and around the city and they do not want to just sell the land banks. They want to have a share of the sales revenue from developing it (hence the JVs) as it could worth easily 2 folds or more. As you can see, they have solid plans in the pipeline and not just pump and dump kind of company. With Tan Sri Surin and KLK bosses holding big chunks, I'm quite sure they want maximum value for it.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Funtrade
596 posts
Posted by Funtrade > 2014-07-25 16:35 | Report Abuse
MPHBCAP limit up !!!!!!!!!!!!!!!!!!!!!!!!!