All Comments on MHC Reload

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Hong Chew Eu
1 Like · Reply
MHC has Book Value of RM 1.37 per share. I estimated its EPV to be RM 0.80 per share based on its past decade of EPS and a 10% discount rate.

Based on Professor Bruce Greenwald Asset Value (AV) vs Earnings Power Value (EPV) analysis, this is a company with under-utilized assets. The under-utilization is worst if you assume that its Revised Book Value would be about double the Book Value. This was based on Boustead Plantation case where a recent valuation showed that the Revised Asset Value is about double the assets in the Book.

Greenwald actually used an updated basis to determine the AV. Accordingly we should be comparing the Revised BV of about RM 2.74 with the EPV of RM 0.80. On such a basis, I would say that the company has not delivered value to the shareholders.

Unfortunately, the market doesn’t really look at Book Value but focus on earnings. Book Value comes into play only if there is some takeover or asset sale.

Moral of story? There are better Bursa plantation companies in terms of earnings if you want to invest in this sector https://www.i4value.asia/2021/08/how-malaysian-plantation-sector.html#more
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better age
2 Like · Reply
【投资主题】2022年可不能错过的投资主题, 错过了可能要等上10年 The investment theme that shouldn't miss in 2022
https://youtu.be/4mNGck9HPOI
lim roger
等10年解套?
祝你荷兰快了
1 Like · 1 year · translate
Ricky Tai Zhi Hao
2 Like · Reply
Prepared for gap up on monday.
kam hooi yeow
Like · Reply
下车就没机会了88
住高楼很冷
我在tp0.50-0.60等你啊
Heng Fa Lim
2 Like · Reply
馬福昌要up up up
Heng Fa Lim
3 Like · Reply
MHC要派股息go go go
better age
Like · Reply
【探讨】棕油价格上涨的看法,还有除了种植领域之外,不可错过的领域 Palm oil hike opinion and the sector that you should'nt miss
https://youtu.be/aWG2fcchtiI
ahmad syahir
2 Like · Reply
it's good nobody see ? eyed this counter
Namad My
Yes this is good, but price still too high. Must be patient....
2 Like · 2 years · translate
ahmad syahir
all plantation counter bullish find entry in lower time frame they cant wait
Like · 2 years · translate
Law Chuan Hui
2 Like · Reply
不要起太快勒,还没有买够呢。。。。
陈强强
今天放量
但股价却有心无力

回调的时刻到了

注意注意注意注意注意注意注意
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Like · 2 years · translate
Peter Mueller
3 Like · Reply
Last comments more than 3 months ago...
Anony-11 Spike
Hi Peter long time no c
Like · 2 years · translate
Zui Ke Ai
Long time no check this counter price alr hahah
1 Like · 2 years · translate