MPHBCAP: 21.Oct.19 update of R & S

Resistance 1.14, then 1.16

Support 1.07, 1.04

Pls break the wall!!!

Affin: Head up for its low 1.94!

Just catch the falling knife, but is too cheap for me to ignore him! Wish for special dividend if insurance business able to change hand!

AXA, Affin mull options for Malaysian insurance business worth US$650m

https://www.thestar.com.my/business/business-news/2019/09/05/axa-affin-mull-options-for-malaysian-insurance-business-worth-us650m

I heard one big Europe insurance going to take it!

MPHBCAP: Just rebound again from 1.04 low

No much time left (option end May 2020) for MPHBCAP to think how to deal with the insurance business MPI Generali Insurans Bhd. 2 possible situations could be happened in next few months.

Situation:

1. Italian Generali Group sell the 49% to MPHBCAP.

2. MPHBCAP sell the remaining 21% share to Generali Group.


Situation 2 unlikely happen as Bank Negara will block it again with no reason given again.

So, situation 1 will likely happen.

But how MPHBCAP able to fund the purchase as the company cash flow will stuck with this huge re-purchase share.


So, MPHBCAP need to find a strategic way e.g. find a partner to eat the 49% shares, or sell the 49% to another Insurance company.


No matter how, MPHBCAP will not able to "telan" back the 49%, boss need to find a way! Boss will not "telan" it as he don't like Insurance business, that is what I think about him.

What will Generali do with its stake in MPHB’s insurance subsidiary MPI?
https://www.theedgemarkets.com/article/what-will-generali-do-its-stake-mphbs-insurance-subsidiary-mpi

Rebound Chart:

Again, I will still continue buy MPHBCAP as I think at price 1.12 now is still a price mismatch to the real value of the company.