Hengyuan gone up from Rm2.00 to almost Rm20.00 on the Refinery Thematic Play with Petron
MphbCapital is also a proxy to Asia's Largest Oil Refinery in Pengerang's Rapid
While both Hengyuan & Petron spiked in prices MphbCap's gross undervaluation was totally neglected.
Now no more as prices spiked up today!!
Now who is accumulating?
Who SEES VALUE IN MPHBCAPITAL?
Pm Najib's 5 Day Trip to Saudi just completed.
IT WAS FOR USD7 BILLIONS (Rm28 Billions) INVESTMENTS IN PETRONAS RAPID
And both Petronas & Aramco are going downstream
SO WILL THERE BE MASSIVE CHANGES IN PENGERANG AFTER THIS TRIP?
ALL THESE AND MORE ARE YET UNDISCLOSED
But this we DO KNOW
MPHBCAP HAS 1,800 PRIME LANDS JUST SIDE BY SIDE TO RAPID REFINERY
AND THE BOOK VALUE IS AN OBSCENE 82 SEN Psf ONLY
ARE FUNDS (BOTH LOCAL & FOREIGN VALUE FUNDS BUYING?)
Again we don't know.
WHAT WE DO KNOW IS THIS
MPHBCAPITAL HAS A VERY BRIGHT FUTURE WITH HUGE ROCK SOLID POTENTIAL
Why SO ROCK SOLID?
See my next repost later