KLSE: MCT (5182)       MCT BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.245   -0.005 (2.00%)  0.24 - 0.255  17,221,800
Analyze this stock with MQ Trader system

Annual Report

Hints :
[1] Click the View Annual Result icon table to view the annual result page.

Financial Year Annual Audited Account Annual Report View
Ann. Date Ann. Date
31-Dec-2020 24-May-2021 View Annual Result
31-Dec-2019 01-Jul-2020 View Annual Result
31-Dec-2018 30-Apr-2019 View Annual Result
30-Jun-2018 30-Oct-2018 View Annual Result
30-Jun-2017 31-Oct-2017 View Annual Result
30-Jun-2016 31-Oct-2016 View Annual Result
30-Jun-2015 29-Oct-2015 27-Nov-2015 View Annual Result
31-Dec-2013 18-Mar-2014 23-May-2014 View Annual Result
31-Dec-2012 29-Apr-2013 27-May-2013 View Annual Result
31-Dec-2011 30-Apr-2012 25-May-2012 View Annual Result
Trade this stock and win a FREE I3investor T-shirt after 5 trades. Find out more.

  3 people like this.
MrCompounding Edge Weekly
Cover Story 2: Building a strong cash buffer in a pandemic

15/04/2021 5:17 PM
MrCompounding MCT to launch seven projects with RM2.2bil GDV

15/04/2021 5:18 PM
MrCompounding Performance Review

For the current quarter under review

The Group recorded revenue of RM207 million for the current quarter ended 31 December 2020, compared to RM83 million in the corresponding quarter of the preceding year, representing a 249% increase in revenue. The increase was mainly due to higher sales conversion and construction progress pursuant to the delivery of vacant possession for Casa Bluebell @ Cybersouth and Casa Wood @ Cybersouth during the current quarter under review.

Expenses recorded for the current quarter under review is at RM42 million which is consistent with the corresponding quarter of the preceding year. Of the RM42 million, interest expense for the advances from the ultimate holding company was RM9 million. Excluding interest expense, the other expenses would be at RM34 million as compared to RM28 million for the corresponding quarter of the preceding year. This is resultant of the variable expenses as a factor of activity level during the quarter.

Consequently, the Group recorded profit after tax of RM29 million for the current quarter under review as compared to a loss after tax of RM0.7 million for the corresponding quarter of the preceding year.

For the current year

The Group recorded revenue of RM462 million for the financial year ended 31 December 2020. The Group’s gross profit margin is at 34% which is mainly driven by the Market Homes project at the Lakefront @ Cyberjaya development.

The Group launched Casa Bayu @ Cybersouth during the year which has since achieved sales of 57% as at 31 December 2020. Further, the Group also successfully handed over vacant possession for Phase 2 of the Lakefront Residence and Lakefront PR1MA Homes located at the Lakefront @ Cyberjaya development which comprised of 606 and 1,932 units of condominium, respectively. The Group also handed over vacant possession for Casa Bluebell and Casa Wood located at Cybersouth development which comprised of 264 and 251 units, respectively.

Expenses recorded for the year was RM134 million, out of which RM35 million were for the interest charged on the advances from its ultimate holding company. In addition, the Group recognised impairment of RM14m for the Group’s investment properties, equipment and other assets pursuant to the weak market sentiment following the COVID-19 pandemic.

Consequently, the Group recorded profit after tax of RM10 million for the financial year ended 31 December 2020.

The effective tax rate is at 71% mainly due to a lower tax base arising from the recognition of impairment for the Group’s investment properties and equipment. It also includes tax provision owing to the tax deductibility of the interest expense at the holding company under the Earnings Stripping Rules.

15/04/2021 5:25 PM
MrCompounding Prospects for the next financial year (2021)

The Malaysian gross domestic product growth contracted 4.5% in 2020. In addition, the issues that plagued the property market such as market overhang, price unaffordability and lack of financing are expected to persist in spite of the various measures introduced by the Government to stimulate the property market.

Owing to the persistently high number of COVID-19 incidents, the Malaysian government reinstated Movement Control Order (“MCO”) in January 2021, which has slowed the resumption of economic activities and disrupted the property market recovery. Although the MCO’s impact is anticipated to be less severe than the previous, it could put pressure on the economy and real estate markets, which were previously on the mend. In view of the COVID-19 pandemic and ongoing geopolitical uncertainties, the global business climate remains challenging.

To mitigate the impact of the slowdown of the economy, the Government has taken various measures to stimulate the property market. Firstly, the Government has reintroduced the Home Ownership Campaign (“HOC”), which was a success when it was first introduced in 2019. Under the HOC, stamp duty exemption will be given on the instruments of transfer on the first RM1 million of the residential property value. There will also be a 100% stamp duty exemption on the loan agreement. In addition, gains arising from the disposal of residential properties by Malaysian citizens between 1 June 2020 and 31 December 2021 will be exempted from real property gains tax, which will help to stimulate the sub-sale housing market. The Group is optimistic that such measures would help to stimulate the Malaysian property market.

The Group is optimistic that the Government's concerted efforts, combined with the historically low interest rate environment, will continue to fuel the property market's growth. Nonetheless, the Group will maintain its prudent management strategy in the coming quarters to ensure a satisfactory performance while consolidating its market position and refining its competitive edge in order to seize any opportunities that will arise as the situation improves. The Group will continue leveraging on digital solutions such as online marketing and sales campaigns to broaden its reach to potential customers. Further, the Group will be ready with precise and selective new launches plans in 2021, coupled with various cost efficiency measures.

15/04/2021 5:28 PM
MrCompounding TA still uptrend & maintain above strong support 0.265, 0.255 & EMA50. Healthy pullback with low volume
15/04/2021 5:31 PM
Masterbadman Check ekovest Bandar Malaysia project RM120bil project now still trading at 0.47. it's time to all in :D
15/04/2021 7:30 PM
MrCompounding Masterbadman ekovest TA ; EMA200 never crossed EMA50&20 since March 2020 crash. Thus not worth to look at it for short term
16/04/2021 7:30 AM
sitisani83 Good sign in morning session..property index also not down so much. Let see how far for today.
16/04/2021 9:29 AM
MrCompounding 2 weekly candle red pullback should be enough. Next week should make a new breakout or at least reversal weekly candle
16/04/2021 9:48 AM
Masterbadman 0.250 coming
16/04/2021 10:17 AM
Forcepre7238 0.245 q
16/04/2021 10:22 AM
sitisani83 lately only retailers actively trade in Bursa, of course less momentum. Maybe sharks see something going to happen to Malaysia in future?
16/04/2021 10:31 AM
Masterbadman Drop back to square one after operator cash out hahaha wait for another 2 years I think
16/04/2021 10:38 AM
sitisani83 The covid sentiment does not help property sector to be bullish this week even though it just near the corner.
16/04/2021 11:14 AM
Invicibletrader If reach 0.22, I will sapu 1 million units, good for long term.
19/04/2021 1:24 PM
matg if and if drop to 0.005 I will sapu bersih.. hehehe
19/04/2021 3:23 PM
Mike21 No time to drop...
Now it is time for rebound
20/04/2021 3:32 PM
matg nice closing today.. hope for another wave tomoro morning
20/04/2021 5:16 PM
cspsuarez Gap closed..now lets go up..wave 5 come on
20/04/2021 5:31 PM
Val-Elta need to trade sideway 26-30 cent until end of april, then 30-34 until end of may, by the time, QR result will then push it past 40 cents, if a minimum 2 cent EPS is achieved.

So far, it's mostly possible to achieve this 2c EPS, for a 2 quarter EPS of 4.65 cents
20/04/2021 5:49 PM
megat36 gap closed..next stop 0.400...
20/04/2021 11:53 PM
Cojack31 Manage to sold 285..lowest 255..
21/04/2021 5:59 AM
UnicornP Going to be hot stock next few weeks!
21/04/2021 9:40 AM
ZigZag 40 cents in few weeks.. just be patient.. weekly chart looking good
21/04/2021 11:31 AM
Bruce_ali buying power sudah datang.leganya rasa di hati
22/04/2021 10:53 AM
megat36 apa power...everyone into hc and crypto...
24/04/2021 8:36 PM
carurhead This stock is going to rise..
26/04/2021 9:39 AM
Masterbadman Online guru say 0.23 below can consider to enter.
28/04/2021 1:26 PM
matg Offline guru said enter now.. lol
28/04/2021 4:25 PM
AllanTingAS Very difficult to buy at 0.23 due to huge queue buy at ~0.25! couple with low equity and strong holding of major shareholder. I sold part of holding at 0.275 and still queue buy for long time at 0.25-0.255
29/04/2021 10:05 AM
Winmore88 jackpot coming soon? maybe 50c?
30/04/2021 12:30 PM
faiqqroslan95 Strong support at 0.265, this stock going huge in couple of weeks
30/04/2021 10:42 PM
megat36 my target is 0.41..measured move for cnh pattern..
02/05/2021 5:08 PM
Masterbadman 0.23 really coming. So power this online guru always so accurate
04/05/2021 9:35 AM
Sky8020 base on graph.. tmr will got movement
04/05/2021 11:24 PM
UnicornP Just compare Spsetia chart with MCT's you will know the value of MCT.
11/05/2021 9:17 AM
Masterbadman 0.2 coming hahaha good company is real
11/05/2021 9:24 AM
ztzeal rebound?
27/05/2021 9:14 AM
SpikeNow there is volume today .. vroom vroom ... property theme today ? i wallap and see
27/05/2021 9:25 AM
ztzeal its good after weeks of correction
27/05/2021 9:35 AM
andreawong @Masterbadman who is the online guru? Any news to up 0.27 soon?
28/05/2021 9:38 AM
Atok__ hope rebound tomorrow
01/06/2021 7:25 PM
nemesis This coming Covid case should give clear direction of MCT future share price...if brought under control, then it is great uptrend for MCT above 0.30
08/06/2021 4:32 PM
vincent cym great result, LU!
08/06/2021 9:57 PM
cspsuarez Eps 0.7.. come on go go go
08/06/2021 10:54 PM
nemesis Tomolo another upside
08/06/2021 11:42 PM
SpikeNow today looks au sai .. go sleep ba . haha ..
09/06/2021 10:37 AM
SK1200 Buy and keep.1st TP 0.30..go go go
10/06/2021 1:35 PM
SpikeNow i sell some .. nice run ..
11/06/2021 12:05 PM
SpikeNow nice nice nice .. haha now exciting .. 2nd tranche out morning ..
14/06/2021 8:56 AM

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends

304  570  581 

Top 10 Active Counters
 PEKAT 0.815+0.495 
 SANICHI 0.065-0.015 
 SAUDEE 0.16+0.01 
 FOCUS 0.0450.00 
 SERBADK 0.595-0.03 
 BSTEAD 0.74+0.12 
 AVI 0.13-0.01 
 ASB 0.16+0.005 
 HSI-HGN 0.05-0.01 
 KNM 0.180.00 


1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!