SHH reported a gain of over 7 cts fot the latest quarter report. Profit from furniture sale & also a disposal of property for Rm4.3 millions. The sale of the property garnered a profit of RM2 Millions only.
At the news the Market has chased & goreng up this SHH into the stratosphere of GREATER FOOL PARADISE.
Better Sell All SHH into strength if you have any. Too risky to chase now.
Take a 70& Discount to get the Intrinsic Value (Since Real Estate is Illiquid). So RM4.00 x .3 = RM1.20
So at 43.5 cents we have another 63% Discount From RM1.20. There Is A Big Margin of Safety here.
What is the Target Price for MULPHA? Short Term I cannot tell. But Longer Term It Should Move Towards Intrinsic Value of RM1.20.
But If Mr. Market Is Very Bullish on Mulpha In Future They Will Price It Nearer To RM1.20 - 70% DISCOUNT FROM NTA of RM4.00
OR MARKET MIGHT PRICE MULPHA NEAR TO ITS NTA OF RM4.00
Examples are Tebrau Teguh, Perak Corp, SBC Corp and For Ecoworld The Market Has Grossly Over Priced It at near RM5.00
Since our KLSE Market is so filled with IGNORANCE we are very happy TO ZERO IN ON UNDERVALUED LAGGARD COUNTERS And Buy Up LONG BEFORE MR. MARKET Discover it.
SOME DAY WHEN THE INVESTING & GAMBLING CROWD FINALLY TAKE NOTICE
WE CANNOT JOIN THEM IN THE MADNESS - WE MUST SELL!
PROBLEM IS - WE OURSELVES ALSO GET CARRIED AWAY IF WE DON'T EXERCISE SELF CONTROL & MAINTAIN A SOUND MIND.
The main character is the same person for most of the shouting! It is to create fake sentiment as though the tip is so spot on. So when the main character is gone so are the rest of the dubious IDs that come from the same person !
Zur1967: Good Morning.....How are you today.....today is friday like frying day.....some more school holiday coming.....haha.....happy trading...huat huat aarrrr!
To all punters/traders/investors/gamblers, please do not worry. Newmankor has a big and generous heart and he will give tips to one and all. Hope everyone can take a bite of the cake kikikik
newman - i am okay. Made some money this week but fot stuck with aax cl like nicermannson. Enjoy your holidays fellow M, and also the world cup in about 2 weeks time.
Can only support the team silently and hope the boys rise to the occasion to bring glory to the sickening nation. Will be just in time to reach home to watch the shutters flying.
May go to Telok Intan tonight to caress the hands of the young lass kikikik
Aiyoyo... newmankor, tnb guys just pruned the tree, and giving them some mangoes and $$ to remove all the parasites and soon more mangoes will be seen... kikikik
Newmankor, yes get ready to be reunited with wifey and gangs for the evening events. The holiday continues and be in the world of u r own kikikik. Nothing better than to be with the dear one far away from home for just a short and memorial week. Adios.
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....
Posted by hepitrade > 2014-01-02 18:04 | Report Abuse
What say you, bro & sis ?