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[MPHB] MPHB Stock (Suggest SELL)

1. Jackport business drop (based on the prize).
2. Country Election will impact to Gaming license or state outlets.
3. Higher debts.
4. No other core business to support the earning.
5. Top Management selling the stock in open market, if they are confident with company then why they want to sell it?
6. Stock related to Political and No transparent Management (Like selling Multi Purpose buiding to MCA with cheaper price).
7. Plan to selling other asset like MP credit, MP insurance, Flamingo Hotel, AA Anthony and etc. Selling price more lower than expected.
8. Holding of Umobile that not making money.
9. Hold a lot of idle land that no future development. Like Jalan Imbi and Balik Pulau Land.
10. Core business Magnum sales cannot hit Toto sales.

Overall .. Call sell to this stock.

Just my own prediction ..
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If this coming election, MCA lose more seat in BN then Im very confident that MPHB will be impacted. Price will slump more than 20% in near future. Recently I found that many firms are giving good rate and higher target price but why this stock is not in trend up? The reason very simple, they are selling their stake in the stock when they propose others to buy. Just my 6 cents.. unless this company will not have related to any political party and work independent. Like Tanjung ...
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