the price of mphb capital has fallen quite substantially over the past one year. it is ironic to see this counter dropping especially after they have successfully sell the insurance arm. I have been informed that mphb is venturing into property but given the current scenario, they might hold back the idea on launching new projects. I believe mphb is a good long term counter to hold.
Thanks repusez. Seems like this counter is bottom fish!!! The recent revenue of RM101m doesn't reflect the disposal of MPI 49% stake yet right? if yes, i think the next qtr results will be very encouraging.
Maybank bodoh! How come you can get a freehold residential land near the sunway batu maung or bayan lepas at rm21 per sq ft... Land in pengerang (Next to petronas's rapid ) measured at rm1 per sq ft...
Hotel flamingo in Ampang? Hymm? I stayed there before. Got a nice lake for guest fishing? Since location is soooo good. Better convert hotel to High End Condo.
Did you notice Something moving in Mwe. Mwe own lots of mphbcap. Something brewing?
mphbcap is listed under finance stock and they cannot declare a dividend in 2014 due to contingent capital required under the Financial Services Act (FSA) which governs MPIB and its holding company.
Having said that, further paring down its stake in MPIB to a minority position (through the exercise of call option by the potential buyer) would pave the way for MPHB to reward shareholders via capital management.
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....
Kai Shien Ks
262 posts
Posted by Kai Shien Ks > 2015-07-02 23:52 | Report Abuse
time will prove who is wrong haha