Behind every Share is a Business selling Goods or Providing Services.
And as the name MphbCap implies. It is a Capital of Many Precious Hidden Businesses.
Many Precious Businesses.
- It has Insurance Company called MPI.
- It is a Credit Company. Lending Money to Other entities for interest.
- It has CASH. Lots of it. Almost Rm1.00 per share.
- It has 2 Flamimgo Hotels located in Prime Highly Desirable Locations.
- It has 1,800 Acres of Matured Oil Palm Plantations beside Pengerang’s RAPID.
- It has Prime Lands in Penang Island – “The Pearl of the Far East”‘ for tourism.
- It has lands in KL Golden Triangle, Gombak & Rawang.
- It is Into Housing Developments - Joint Ventures With BRDB and Others.
- The Combined Net Net Value of All Its Assets is a Solid Rm7.00 or more per share!
- In a word – ” MphbCapital” – The Sum Total of Its CAPITAL VALUE is Much Much More Than The Price You Are Paying For It. With a TOTAL NET NET Of Over Rm7.00 You Are Actually Buying It at a Whopping 80% Discount at only Rm1.42 a Share! The idea of paying only 20 cents for A Dollar Worth of Shares Overwhelms Me!
Note: The Above 10 Points are only the Appetiser. Wait for the Main Course.
The 10 Points listed is only the tip of the iceberg.
Think on these questions?
Why All 5 Men Directors Are Buying and Buying MPHBCAP Shares?
Why Surin Bought BIG CHUNKS of MPHBCAP at Over Rm1.85 from Open Market?
Why Insiders Bought As High As Over Rm2.00 from open market?
Why Surin wanted to Take MWE private? Has it got to do with the intention of taking MPHBCap Private? Why is MPHBCAP So Important? Is It Because of the HIDDEN VALUE IN 1,800 Acres of Pengerang's RAPID Lands?
And Did JCorp Took KULIM private for the same reason? Because KULIM will plan 2 housing enclaves near Pengerang?
These are other questions await answers?
So please think on these things as today is a holiday.
Have a nice and productive day.
MPHBCAPITAL: 1) ITS PEOPLE 2) ITS PURPOSE 3) ITS PROPERTIES
Author: calvintaneng | Publish date:
MPHBCAPITAL : ITS PERSONALITIES
1) Dato Surin Upatkoon (Listed by Forbes as No.12 Richest Man in Malaysia with Rm5.59 BILLIONS)
Dato Surin is the Top Substantial Owner in MPHBCAPITAL
2) Dr Yahya - A Heart Surgeon
3) Ng Kok Cheang. A Property Valuer. He has vast experience in property valuation.
4) Dato Lim Tiong Chin. Former Managing Director of AA Anthony (Now UOB Kayhian). from 2001 to 2013 - 12 years experience
5) Kuah Hun Liang. Chairman of MphbCapital
All these 5 Directors and other Principal Officers of MphbCapital are Buying & Buying MphbCapital Shares from the Open Market
Warren Buffet likes Insiders & Directors Buying Company Shares With Their Own Monies.
Now Let's Investigate Their Substantial Purchases of Company Shares
On 26/06/13 Director Ng Kok Cheang was alotted 263,900 Mphbcap shares at par value of Rm1.00 (Pre IPO) On the day of trading MphbCap closed at Rm1.45. Knowing the deep value of MphbCap land value he did not dispose any. Instead on 22/12/2014 he bought another 100,000 shares from the open market. On December 22nd, 2014 Bursa Filing revealed that he bought 100,000 shares of MphbCap for a total of Rm211,900 or Rm2,119 a share.
Director Kuah Hun Liang was alotted 73,400 shares at Pre IPO.
On 27/8 & 28/8/2013 he bought 200,000 shares from open market between rm1.35 to rm1.43 & between rm1.30 to rm1.36.
2 months later he took some profit when he disposed 132.300 shares at Rm1.61 a share. He is still keeping his original 73,400 shares plus his purchase of 167,700 shares from the open market.
Director Dato Dr Yahya bought 20,000 shares from open market on 11/3/2014. The price traded on that day ranged Rm1.84 to Rm1.87
Dato Yahya again increased his position by adding another 30,000 shares on 14/10/2014 (Between Rm2.10 to Rm2.22)
Dato Lim Tiong Chin bought from Off Maket on 13/4/2014 a total of 4,650,000 shares. The traded price on that day was Rm1.88 to Rm1.90
Again on 6/10/2015 when market crashed he added another 130,000 shares at Rm1.44 for a total of Rm187,200
Let's now take a careful look at Dato Surin's purchases
On 18 April, 2014 Dato Surin purchased from the open Market 2,408,300 MphbCap shares. The total traded volume on that day was 2,909,400 shares. Prices ranged from Rm1.96 to Rm1.99. Closing price on that day was Rm1.97
On 26 May, 2014 he bought 1,027,700 shares again from the open market. Trading for that day was 1,811,300 shares with price raning from Rm1.94 to Rm2.00. It closed at Rm1.99
Now I have discovered something interesting for 27th August, 2014
On this day Bursa Filing showed that MWE, being a Substantial Shareholder of MphbCapital, disposed 4 million MphbCapital Shares. It was a direct off market deal "via direct business transaction". The transacted price was Rm2.38 per share. A check with that day trading was only 806,000 shares. Traded price was Rm2.57 to Rm2.65
So at Rm2.38 it was about 9% to 10% discout off market.
Who was the buyer? It was not clear.
However, on 3 April 2015 Surin was mentioned to have owned a total of 230,883,993 MphbCapital shares. Did Surin buy those 4 million shares off market at Rm2.38 a share?
Was Rm2.38 too expensive? Or is it still very cheap to insider's knowledge?
Now let's see further
On 8 October, 2014 Principal Officer Ms Kheoh Ang Yeng bought from open market 100,000 MphbCapital shares at Rm223,500 or Rm2,235 a share. This is not far from MWE's disposal price of Rm2,380.
As MphbCap prices surged or dropped all these Directors are holding their shares tightly while New Director emerged to buy
On 19th October, 2015 Datuk Francis Tan (director) bought 10,000 shares from open market at Rm1.53
He bought again on 23 November, 2015 for 20,000 shares at Rm1.59
Why are so many Insiders Buying?
Is there Value They SEE which we do not?
Let's examine one Asset Disposal to SEE MphbCap Land Values
SALE OF MPHBCAPITAL 7 PARCEL LANDS In PENANG ISLAND
On 21 August 2013 about 7 parcel of lands or about 207 acres were Sold for Rm226.057 millions or about Rm25 psf.
A check revealed that the said land was purchased in year 2007 for only Rm30.195 millions.
So The Sale Garnered a Whopping profit of Rm195.862 MILLIONS.
That's 648% for 6 years = More than 100% PROFIT PER YEAR FOR EACH OF THE 6TH YEAR.
Albert Einstein said compounding interest is the "8th Wonder of the World".
All MPHBCAPITAL LANDS HAVE IMMENSE VALUE.
That was the reason why Surin wanted to privatise MWE for its Shares in MphbCapital?
As Directors & Insiders KnowThe Deep Value of MphbCapital There are Buying & Buying Like No Tomorrow!
Kimhin Directors were buying and buying and buying Kimhin when it was Rm1.30. Kimhin later surged past Rm2.00
TN Logis Directors were buying and buying and buying Tn Logis shares when it was traded at Rm1.50. Tn Logis later powered up to Rm7.00 and split. (Up 400%)
Will MphbCapital also power up like Tn Logis & Kimhim?
2) ITS PURPOSES ARE MULTI INDEED.
INSURANCE IN MPI, CREDIT FACILITY, PROPERTY INVESTMENTS, OIL PALM CULTIVATION, RAISING CASH, PARING DOWN DEBTS, OPERATING HOTELS, BUILDING TOWNSHIPS THROUGH JOINT VENTURES & OTHER MULTIPLIED INVESTMENTS.
ALL CONDENSED INTO ONE ULTIMATE OVERALL MIGHTY PURPOSE = TO ADD VALUE TO SHAREHOLDERS!
AS YOU CAN SEE HOW FRUGAL THE YEARLY PAYMENTS FOR 6 DIRECTORS ARE ONLY A COMBINED FEE OF RM240,000 OR RM40,000 ANNUAL FEE PER DIRECTOR.
RM40,000 Is Only Rm3,333 PER MONTH.
MPHBCAP HAS SHAREHOLDERS' CONCERN AT HEART = ADDING VALUE TO SHAREHOLDERS! IN OTHER WORDS THOSE WHO HOLD MPHBCAP SHARES WILL BENEFIT!!
SO ALL DIRECTORS AND INSIDERS ARE HOLDING MORE AND MORE SHARES!
WHAT NOBLE INTENTION!! WHAT RARE AND HONEST CORPORATE GOVERNANCE!!
CHEERS TO DIRECTORS!!! STANDING OVATION!!! RESOUNDING APPLAUSE!!!
3) ITS ASSETS AND PROPERTIES
INSURANCE COMPANY BUSINESS
CREDIT LEASING BUSINESS
2 FLAMINGO HOTELS IN KL AND PENANG
INVESTMENT IN PROPERTIES
CASH EQUALENT TO RM1.00 PER SHARE
AND PROPERTIES IN VERY PRIME HOT SPOTS:
HOW DO WE LIKEN THEM?
PENGERANG'S RAPID 1,800 ACRES AS GOLD
GOMBAK & RAWANG LANDS AS SILVER
GOLDEN TRIANGLE IMBI LANDS AS DIAMONDS
PENANG LANDS AS PEARL
ALL ARE VALUED AT OLD BOOK VALUE
TAKE FLAMIGO HOTEL IN AMPANG FOR EXAMPLE
12 ACRES OF PRIME LANDS VALUED AT ONLY RM61 PSF.
IN AMPANG ONLY 5 to 10 MINUTES AWAY LAND COST IS RM3,000 PSF
IF WE TAKE ONLY 10% FLAMIGO HOTEL LANDS SHOULD BE REVALUED AT RM300 PSF OR A POSSIBLE GAIN OF 500%
PENGERANG'S RAPID 1,800 ACRES LAND HAS A BOOK VALUE OF ONLY 82 CENTS PSF. IN SUNGEI RINGGIT LAND HAS APPRECIATED TO BETWEEN RM100 To RM200 PSF FOR THOSE NEARER TOWN.
AS MPHBCAP'S LANDS ARE JUST BESIDE RAPID IT COULD BE CONVERTED TO A MIXTURE OF INDUSTRIAL, COMMERCIAL & RESIDENTIAL LANDS. AS SUCH ITS LANDS SHOULD BE AT LEAST RM50 to RM80 PSF
SO IF REVALUED IT SHOULD UP 10.000%
Photos of Pengerang
Author: calvintaneng | Publish date:
Photo No. 1
The New Highway to Pengerang's Rapid exiting from Bandar Penawar - Sg Renggit.
Notice the 2 lane road being upgraded to a 4 Lane Highway
Photo No. 3
Cars and motor bikes parked outside one of 2 Worksite Entrances in RAPID
A peak into RAPID now under construction. Dialogue, Toyo, Muhibbah, Gadang and many others are here working feverishly.
Photo. No 5
Traffic into Rapid is so heavy with lorries & jeeps that this guy (a nepali) acts as a guard for vehicular traffic.
Notice him holding a red flag and a green flag.
Upon inquiry about his pay he replied, "Alhamdullilah, my pay is Rm1,800 per month"
Amazing pay! Standing only from 9 to 5 daily holding 2 flags get paid Rm1,800.
Graduates with degrees back home in Nepal might only get half his salary.
With such high pay and purchasing power Rapid inhabitants will get very high salary.
A Mammoth Rm170 BILLIONS Infusion of Projects Will Propel this Region to be
"THE HOTTEST OF HOT SPOTS ON PLANET EARTH"
Note: Property Prices & Rental in Pengerang has Skyrocketed 500% to 1,000% since the launch of RAPID.
Old Wooden houses on less than 30 years leasehold lands in Sungei Rengit are sold for over Rm1.3 Millions Cash. About 5,000 sq ft or more than Rm200 psf.
Rental of IJM Land Seabana Cove Townhouse are between Rm5,000 to Rm6,000 a month.
In Taman Desaru Utama 2 Storey Shophouses originally sold for Rm300,000 now command an asking price of Rm1 Millions.
These prices are even higher than Nusajaya, the current Hot Spot in Iskandar.
No Where Else in Johor or Whole of Iskandar or even Singapore Now Grow at Such Fantastic Rate!
JCorp has offered to taken Kulim private at Rm4.10. Kulim is planning 2 pronged Invasion of Pengerang by 2 housing enclaves.
One from Tanjung Berlungkor from the West of Pengerang where Singapore ferry lands. Another one is the end of Kulai Desaru Highway.
None of these are comparable to MphbCap's 1,800 Acres Super Prime Lands
Photo No. 6
SEE the Long Stretch of Highway in Pengerang - A 14 KILOMETER LONG COMPLEX FOR DOWNSTREAM OIL & GAS
All fenced up on the Right Is RAPID
Towards left at the 14 Kilometer Point is Palm Oil Plantations owned by MphbCapital
Here you are.
The 1,800 Acres Prime Oil Palm Plantations by MphbCapital.
See the Lush Oil Palm Trees Stretching all the way up the rolling hills in the distance.
Book Value is only 82 cents PSF.
8 kilometers away is Sg Renggit. Lands there now command a value of Rm100 psf to Rm200 psf.
These Lands Will Be of Immense Value for Dow Chemical, Phillips 66, Exxon Mobil & All Japanese Industrialists for all Oil & Gas Downstream activities!
No reporter has yet mentioned these facts.
You are among the first one to SEE this.
This is my 3rd Trip to Booming Pengerang
There is GREAT EXCITEMENT IN THE AIR.
Can YOU feel it?
Of the 1,800 Acres Lands Owned by MphbCapital
More than 1,000 ACRES ARE FREEHOLD, ABOUT 800 ACRES ARE LEASEHOLD. Almost all the Lands in Sungei Rengit, Bandar Penawar & Pengerang are Leasehold in title. Lands with Freehold Titles Are Rare.
Last time I SAW the potential of Perak Corp's 1,000 Acres Lands near Lumut in Perak. So I called for a Strong Buy on Perak Corp at 60 cents with NTA over Rm2.00.
Few people bought Perak Corp then at 60 cents. Perak Corp later surged 600% to over Rm3.60 and "experts" have said that Perak Corp is still undervalue and opposed privatisation at Rm3.90.
Perak Corp only have Vale, Tongher & TNB in Lumut. MphbCap's 1,800 Acres (80% more than Perak Corp's lands in Lumut) are just beside the HUGE RAPID PETROLEUM REFINERY COMPLEX.
To Buy MphbCap at Rm1.37 is buying at 2 DEEP DISCOUNTS
1) Buying at 43% Discount to Rm2.38 Off Market Deal When MWE Disposed 4 million shares to Surin?
2) Buying MPHBCAPITAL LANDS IN PENGERANG AT ONLY 82 Cents Book Value.
This Is Pemgerang's RAPID!
Dear Friends/Investors: (7th December 2017)
I spoke to Mr Law, RHB-OSK ISKANDAR TOP BOSS. He told me he just bought a single storey house in Pengerang's RAPID built by Kejora for Rm380,000 (the size is 22x80 or 1,760 sq ft) That is Rm215 psf.
If land cost is 30% then Rm2.15 x .3 = Rm64 psf
AND THIS IS THE AMAZING VALUE OF MPHBCAP 1,800 ACRES LAND VALUE TODAY
1,800 x 43,560 x Rm64 = 5018112000
A WHOPPING RM5.01 BILLIONS!!!!
Since Calvin already bought more than 10 houses in Johor I think the BEST OPTION IS TO BUY INTO MPHBCAP FOR ITS 1,800 ACRES LAND BANKS JUST BESIDE RAPID!!