Since The Launch of ISKANDAR ECONOMIC REGION In Year 2006. Both Properties & Property Share Counters of ISKANDAR Have Doubled, Tripled and Even Gone Up 4,000% in some cases like Focal Aims.
Focal Aims was traded at only 11 cents in year 2009. Last year Ecoworld took over the listing of Focal Aims at RM1.40. Within a Short space Ecoworld Share Price Shot Up To An All Time High of RM4.94! A jump of An Astounding 4,490% in 4 Short Years – Beating Apple & All Other Shares In The Whole Wide World!!!
However, while most counters have gone up in Spectacular Price Boom – One Particular Stock is languishing in Hot, Hot Iskandar Region. That Stock is Malaysia Pacific Corporation Bhd or MP Corp in short. As of today MP Corp (6548) is 41 Cents while its surrounding neighbours Scienetex is RM5.92 (Up from RM1.60) Ecoworld RM4.77 (Was 11 cents), Keck Seng RM7.12 (Up from RM2.60)
As Deep Value Investors (As opposed to those 90% who chase the hot stocks of the day -mostly day traders, T + 4 punters, contra players and almost all short term gamblers.) We Zero In Our Attention On This TOTALLY NEGLECTED PROPERTY LAGGARD COUNTER IN THE KLSE!
This Involves 4 Approaches To Unearth Value and Find That Hidden Gem or “Hidden Riches of Secret Places (Isaiah 45:3)”. The 4 Approaches Are Graham/Buffet/Lynch/Fisher
1) Benjamin Graham – The Father of Net Net Value Investing.
MP CORP PASSED THIS TEST WITH FLYING COLOURS. Price is 41 cents. NTA is a Whopping RM5.28! A 92% Discount To NTA. HUGE MARGIN OF SAFETY! How? Let us explain later.
2) Warren Buffet – B. Graham’s Most Successful Disciple. He Also Wrote the Last Chapter in “The Intelligent Investor by B. Graham”. Warren Buffet’s article “On THE SUPER INVESTORS” IS SUPERB. Warren likes Director/Insider Share Buy Back.
MP CORP Again Pass This Crucial Test. If The Company Owner Is Willing To Risk His Own Money by buying his Own Company Shares – he is like a General fighting in a war – himself on the Front Line of Battles. Gains or Losses he will feel keenly because he has fully exposed himself. Unless he has confidence in winning the war – why risk his own life or money?
Top Lander – The Substantial Share holder of MP Corp has been buying and buying. A positive sign indeed.
3) Peter Lynch – The Down To Earth Value Hunter.
Peter Lynch said that the common person would be the FIRST TO KNOW If A Next Star Performer Should Be Discovered – Definitely Not The Arm Chair Analyst Cocooned in His Office. He once brought his daughters to the Shopping Mall – or his daughters brought him? He said that his daughters brought him to “THE BODY SHOP”.
To Peter Lynch the phrase “BODY SHOP” sounded like some shops selling car spare parts. To his surprise “BODY SHOP” actually sells bath soap for “Bodies”. Yes. His daughters loved to take bath in these scented soaps by “BODY SHOPS”. So Peter Lynch saw its Great Potential Long Before any Arm Chair Analyst ever heard of it yet. Peter Lynch’s Magellen Fund bought and bought “THE BODY SHOP” Shares – Making Billions for his Magellen Fund – with 39% compounded Growth – beating Berkshire Hathaway hands down at only 20% to 25%.
4) Phil Fisher – The Pioneer In Scuttle Bug or Getting First Hand Information.
Ask Relevant Questions. Why? How? Where? When? Brainstorm to get to the root of the matter.To leave no stone unturned until you are completely satisfied. To The Investors There Should Be CERTAINTY. CERTITUDE IS A GREAT THING. IF YOU KNOW – THERE IS ABSOLUTELY NOTHING TO FEAR. THIS IS WHAT SEPARATES THE TRUE INVESTOR FROM THE SPECULATORS OR GAMBLERS.
That’s It – GRAHAM – BUFFET – LYNCH & FISCHER;
These Are The Findings Regarding MP Corp. To Invest or Not It’s Up To You. But Read Carefully These Facts:
1) MP CORP 630 ACRES FREEHOLD LAND IN STRATEGIC LOCATION
NUSA DAMAI has 630 Acres Freehold Land. Of which 130 acres are reserved for playground. parks & other amenities. 500 Acres Are Available For Development. And about 50% Are COMMERCIAL LANDS. Currently, 2 Chinese Companies Are In Negotiation for Joint Venture:
i) Black Sea Horizon to develope APTEX. Patterned After Yiwu – The Whole Sale Center For All China Made Goods. For APTEX it is not only China, but India, Indonesia & All Over The World.
ii) Dong Cheng from Hong Kong. To develope LAKEHILL RESORT CITY & WISMA MPL 22 Storey in the Heart of KL’s Golden Triangle. Our Visits to LAKEHILL’S 25 ACRE CRYSTAL CLEAR LAKE, PURE CRISPY AIR & GREEN HILLS IS INDEED A SURPRISING DISCOVERY!
Here Is The Last Huge Parcel of Unspoilt Nature. More beautiful than Desa Park City of KL or Horizon Hill of Nusajaya. They were manmade whereas LAKEHILL IS 100% NATURAL. As they say about New Zealand “100% PURE EXHILARATION!”
2) THE VITAL 6 LANES NEW ACCESS HIGHWAY
For 13 Long Years The Proposed Road From Bandar Sri Alam to Taman Nusa Damai was delayed. At Long Last JRK Has Awarded The Construction of This 6 LANES WIDE GATEWAY (1.8KM RM20 Millions Project) From Bandar Sri Alam To Taman Nusa Jaya. This Single Project WILL ADD GREAT VALUE TO TAMAN NUSA DAMAI (MP CORP)
Ms Renesial Leong, Malaysia’s Queen of Property stated that a new connecting Bridge or Highway that Create Access will Greatly Increase Property Value by 20 to 40%!
See how Permas Jaya became so booming because of EDL & The Permas Jaya Bridge. And how the Penang 2nd Bridge lead to Batu Kawan Land Boom & Tambun Indah Price Rise?
3) TRAVELING TO JB CITY CENTER A BREEZE – ONLY 18 MINUTES AWAY!
With The Completion of Coastal Highway Through EDL (Eastern Dispersal Link) & The Soon Accessible 1.8km 6 Lane Linkage It Will Only Take 18 Minutes From Taman Nusa Damai to JB CBD At Woodland Causeway!
4) Another Highway Currently Under Upgrade is The Pasir Gudang Highway From 4 Lanes To 6 Lanes. See How The Federal Highway From KL to Klang benefitted all in KL, Bangsar, PJ, Subang, Shah Alam and Klang. So Is The Importance of Pasir Gudang Highway – Creating Access, Removing Congestion & Lifting Up Values For All!
5) The NEW 6 LANES HIGHWAY WILL EVENTUALLY LEAD TO SRI ALAM, PLENTONG, TAMAN ESHAN JAYA & TEBRAU AEON CITY ON THE LEFT & SCIENTEX, KOTA MASAI(ECOWORLD), KONG KONG, BANDAR PENAWAR, DESARU, SUNGAI RENGGIT & PENGERANG ON THE EAST!
It Will Only Take 10 Minutes From Nusa Damai to AEON TEBRAU CITY & IKEA By Then!
6) EVER INCREASING LAND PRICES!!
LAND PRICES IN BANDAR SRI ALAM HAS RISEN TO RM130 psf FROM RM30 psf. And ECOWORLD IS PRICING ITS LAND AT RM35 psf In KOTA MASAI.
THE AMAZING THING IS TAMAN NUSA DAMAI LAND HAS A BOOK VALUE OF ONLY RM8,50. THIS IS BASED ON YEAR 2008 VALUE. WHEN CONNECTING ROAD ACCESS IS READY BY 2015 PRICES SHOULD RE-ADJUST TO AT LEAST RM70 to RM100 psf. Let’s take RM70 as a guide.
500 Acres = 500 x 43,500, = 21,750,000 sq ft
At RM70 psf = 21,750,000 x 70 = RM1.5225 Billions!
Price Per Share = RM1.5225 Billions divided by 288 Million Shares = RM5.28
So MP Corp Should Be Revalued At RM5.28 NTA.
Since There Is A Huge Discount For All Property Counters. Say 70% Discount
So RM5.28 x .3 = RM1.58
YES! RM1.58. THAT IS THE INTRINSIC VALUE FOR MP CORP!
7) PENGERANG OIL & GAS BOOM FACTOR.
Right Now Prices Of Lands & Properties Are On Fire In Pengerang – Even Before Official Launch of RAPID. The Spill Over Effect of Both Pengerang Oil & Gas Boom & Tanjung Langsat Will Cause Land To Spiral Upward.
LATEST UPDATE: 5TH APRIL, 2014
PETRONAS HAS OFFICIALLY APPROVED RAPID FOR A RM190 BILLIONS MAMMOTH PROJECT IN PENGERANG. 70,000 WORKERS ARE EXPECTED TO BE EMPLOYED HERE. NO WHERE ON PLANET EARTH TODAY HAS SUCH A MASSIVE ENTERPRISE LIKE THIS!
8) 15 UNIVERSITIES, INTERNATIONAL SCHOOLS & INSTITUTIONS OF HIGHER LEARNING LESS THAN 3 MINUTES AWAY. Bandar Sri Alam Is Known As “THE CITY OF KNOWLEDGE” – A Total of 15 Educational Institutions With 20,000 Thousand Professors, Teachers, Lecturers & Students Will Be Here. Nusa Damai is only 3 Minutes Away.
9) Both Ecoworld & Mah Sing Are Building High End Homes in Kota Masai & Bandar Bistari. All cheap low costs quota have been met. For EcoWorld Single Storey Cluster Starts from RM380K & Shop Houses Are Going As High As RM820K.
Note: Latest Update on 6th April, 2014 – Due To Overwhelming Response EcoWorld Has Raised The 2 Storey Shophouse price from RM820K to RM870,000 for an intermediate unit! This is indeed a Big Surprise to many
And In Bandar Sri Alam The 3 Shop Houses Have Shot Up In Price To RM1.6 Millions From a mere RM750K in just one Year!
Noteworthy Note: 50% of NUSA DAMAI 500 ACRES ARE COMMERCIAL LANDS. HEREIN LIES IMMENSE VALUE OVERLOOKED BY THE FICKLE MARKET!!!
10) MILLIONAIRES’ ENCLAVE IN BANDAR SRI ALAM
ONLY NEXT DOOR TO NUSA DAMAI – BEGINNING OF A HIGH END HIGH CLASS BUNGALOWS’ ENCLAVE!! – ONLY TWO MINUTES AWAY
Bandar Sri Alam’s Maya Heights Phase 2 Will Cross RM400K. BUT THE VERY HIGH END ONES ARE LOCATED NEAR THE CONNECTING HIGHWAY NOW BEING CONSTRUCTED. The Price Tag For Semi Dees & Bungalows? A WHOPPING STARTING PRICE OF RM1.6 MILLIONS TO RM3 MILLIONS!!
UM LAND’S BUNGALOWS ARE CARVED FROM OIL PALM PLANTATIONS WHILE LAKEHILL WITH ITS 25 ACRES CRYSTAL CLEAR LAKE IS SURROUNDED BY VIRGIN NATURE – YET UNTOUCHED BY MAN
UM LAND HAS CONFIDENTLY PRICED THESE PROPERTIES AT SAME OR EVEN HIGHER LEVEL THAN THOSE IN NUSAJAYA. AMAZING? YET THERE ARE BUYERS!!! WHY? BECAUSE JAPANESE & KOREANS LOVE TO PLAY GOLF IN OCTVILLE CHRISTINE GOLF COURSE IN BANDAR SRI ALAM!!
AND LAKEHILL RESORT CITY IS ONLY MINUTES FROM OCTVILLE CHRISTINE GOLF!! LAKEHILL IS CALLED A “RESORT CITY” BEFITTING THE HIGHEST VALUE VILLAS FOR MILLIONAIRES – EVEN BILLIONAIRES – SEEING IS BELIEVING!
11. THE REVIVAL OF DESARU WITH 2 INTERNATIONAL THEME PARKS
Every Week End An Ever Increasing Number of Cars Converge in Desaru. 2 International Theme Parks Are Currently under Construction. The New Nusa Damai Highway Will Cut Short Traveling Time From JB CITY TO DESARU.
12. PM NAJIB FORESEEING THE COMING SUPER BOOM OF PENGERANG & EASTEN ISKANDAR IS PROPOSING A 3RD CONNECTING BRIDGE FROM PENGERANG TO SINGAPORE.
NOTE: THE 3RD BRIDGE LINK WILL EVENTUALLY CONNECT TO CHANGI & WORLD NUMBER ONE CHANGI INTERNATIONAL AIRPORT.
Will BLACK SEA HORIZON & DONG CHENG INVESTMENT HOLDINGS TAKE UP THE JOINT VENTURES? Most Probably! Why?
1) COUNTRY GARDEN THE TAIKO (Big Brother) Has Successfully Launched The Biggest 9,000 Condo Units In Iskandar Water Front City. It embolden All Others From China & HK To Come To ISKANDAR.
2) With The Increasing Taxes, Levees & Restrictions in Both Hong Kong & Singapore – Property Developers Are Increasingly Looking To Cheaper Iskandar. Singapore Properties Are 5 Times More Expensive Than Iskandar & Hong Kong 10 Times More Expensive.
3) Countries Like Thailand, Cambodia, Laos, Myanmar, Indonesia, Philippines & Vietnam DO NOT PERMIT LAND TO BE SOLD TO FOREIGNERS.
Thailand, Indonesia & Philippines only allow selling of Condos ( not landed properties)
Singapore restricts buying to Leasehold lands on Sentosa Island Only & in Australia Foreigners are only restricted to buying uncompleted new houses.
SO THERE IS ACTUALLY NO OTHER OPTION BUT FOR CHINESE DEVELOPERS TO POUR MONEY INTO ISKANDAR. AND EXPECT EVEN MORE CHINESE, JAPANESE, KOREANS & EVEN THOSE FROM HONG KONG TO MIGRATE TO ISKANDAR!
In Taman Molek One Whole Block Of Condo Bought By Japanese – Outside They Show “AN ONSEN” SIGNBOARD DISPLAY. Special Japanese Bath In Iskandar!
ISKANDAR IS REALLY THE BEST KEPT SECRET IN THE WORLD & NUSA DAMAI (MP CORP) IS THE BEST KEPT HIDDEN TREASURES IN ISKANDAR.
AND SO NOW YOU KNOW!
THE RISE OF A NEW 6 LANES HIGHWAY CORRIDOR FOR NUSA DAMAI (MP CORP)
In Future All Vehicular Traffic MUST PASS THROUGH NUSA DAMAI To Go To JB CITY CENTER. All peoples of Scienetex, Kota Masai (EcoWorld), Bandar Bestari (Mah Sing) Kong Kong (KSeng) Cahaya Masai, Desaru, Sg Renggit & Pengerang currently use the winding 2 lanes Old Masai Road (very slow & congested) to go to JB City.
It takes a tortuous 40 minutes. But With The Opening of the Sri Alam – Nusa Damai 6 Lanes Gateway – Traveling To JB City is Shortened to a mere 18 minutes.
THUS MAKING NUSA DAMAI THE MOST CENTRAL & DESIRABLE PLACE IN EASTERN ISKANDAR Just LIKE TAMAN PERLING IS TO NUSAJAYA.
Note: Taman Perling Is Encircled by 2 Highways: 1) The 8 LANES JB -SINGAPORE RINGROAD BESIDE PERLING MALL 2) THE DANGA – NUSAJAYA 6 LANES EXPRESSWAY.
But NUSA DAMAI IS SERVED BY 4 HIGHWAYS
1) THE 4 LANES SENAI = DESARU HIGHWAY NORTH OF IT
2) THE NEW TEBRAU (AEON) – KOTA MASAI 6 LANES EXPRESS WAY PASSING RIGHT THROUGH TAMAN NUSA DAMAI (NOW UNDER CONSTRUCTION)
3) THE PASIR GUDANG EXPRESS WAY – NOW UNDER UPGRADE FROM 4 LANES TO 6 LANES WIDE (THIS IS THE BUSIEST HIGHWAY NOW)
4) THE NEWLY OPENED PERMAS – SENIBONG – COASTAL HIGHWAY (4 LANES)
THE LOCATION! LOCATION! LOCATION! FACTOR FOR TAMAN NUSA DAMAI WILL EVENTUALLY EMERGE SOME DAY!!
But Taman Perling Land Is Now RM170 psf While Nusa Damai (MP Corp) is Only RM8.50. So There Is Definitely A Huge Mispricing & Provide A Huge Margin of Safety For Value Investors.
EXPECT MP CORP TO OUT PERFORM ALL OTHER ISKANDAR PROPERTY SHARES FOR YEARS TO COME.
“Buy Land, they are not making it any more.” – Mark Twain
“The Best Thing To Buy On Earth Is Earth,” – Successful Land Investor
“YOU DON’T WAIT TO BUY LAND. YOU BUY LAND AND WAIT.”
“MP CORP IS SITTING ON A GOLD MINE– WHILE ALL SURROUNDING LANDS & PROPERTIES ARE SKY ROCKETING IN VALUES!! – NUSA DAMAI IS STILL LOCKED IN AT RM8.50 PSF – 2008 YEAR BOOK VALUE!
DON’T WAIT TO BUY MP CORP. BUY MP CORP AND WAIT.
LATEST UPDATE ON MP CORP (NOVEMBER 30th, 2014)
Due to AFS Delay MP Corp Shares Have Been Suspended. There was a recent sale of 17 acres Nusa Damai lands at RM3.58 per sq ft. At 630 acres there is a clear pointer that Nusa Damai Lands are worth RM900 Millions. If we value Wisma MPI at RM250 Millions the total value is RM1.15 Billions
The Debt to Amanah is RM120 Mil & RHB Bank is RM80 Mil , total RM200 Million
Total Value RM1.15 Billions minus RMRM200 Millions Debt = RM950 Millions or RM3.58 a share.
At the current depressed closing price of only 33.5 cents MP Corp is now selling at a
WHOPPING 93% DISCOUNT TO NTA – MAKING MP CORP THE GREATEST BARGAIN IN KLSE (MALAYSIA)
Below are 2 pictures. 1) 25 Acres Pure Lake of LAKEHILL RESORT CITY 2) The New 6 Lanes Gateway to Nusa Damai now under construction by JKR. Click on the picture to enlarge. Photo taken from Nusa Damai in the Direction of Bandar Sri Alam. Taman Maya Heights of Bandar Sri Alam can be seen at the far left.