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father die live me this less less muiprop only...his buy time is 1.20,is long long ago jo,maybe 1+ years jo or more long time jo....his buy time starting down at now,not rebound ko.....
The stock is full of assets, the share price is below the intrinsic value . I think they are on accumulation , that's why throw down . collect in cheap =)
My personal opinion is that MUI Properties will continue to sell assets and then pay dividends. If MUI Properties does not pay dividends, MUI Industrial will not get any money because MUI Industrial is an important of the founder's family.
MUI Industrial is the MOTHER. MUI Properties is the SON. When the mother needs money, she asks the son to pay.
MUI holds a 54% stake in MUI Properties.
So invest in SON. When MOTHER needs money. We can benefit from the dividends too.
wow,i feel and known muiprop not so nice company so long ago jo....say true management not good and maybe sell land also not give dividend de wow......Hahaha
dun known........if i like the share,my record is cont buy and hold about 10 years......i hold my main company(simeprop),but rebound back 70,i not cont buy,change collection edgenta at now,also hold maybe 4 years and 1 share also not sale at now.....Hahaahaha