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![]() Eurus1973 Low P/B, net cash... just 0.17, mana mau cari. Just buy sure good return 23/11/2020 9:16 PM davidkkw79 chun chun result ! Huat ah !! https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3107821 25/11/2020 6:04 PM Val-Elta Good in the sense that 1) QoQ, Revenue increased 300% and Profit increased 400% The balance sheet is very very strong. 1) Cash and Bank balance of 0.53 billion 2) Decrease of 16m to amount owed to holding company. Not so good is PnL is still negative, mainly because of repayment to holding company. It's improving in balance sheet and assets, and in the coming 6 months, the earnings and PnL will be very very good. 26/11/2020 8:53 AM Val-Elta MCT has a big landbank in CyberSouth there, that's still pending development... the HSR project revival will be a gold mine to MCT, assuming 16.5c long term support, vs 25, 30cent target price, risk to reward ratio is good. 04/12/2020 10:28 AM fofo Covid-19: CMCO in Negeri Sembilan to end Dec 6 except for Seremban and Port Dickson, where it's extended until Dec 20 — Ismail Sabri 06/12/2020 4:33 PM Val-Elta still too much ppl like moneyking543, raise 3-4 bid take profit, drop 1-2 bid cut loss... lol Hard to escape this cycle if got 'investors' keep willing to cut loss and sell it back to 17, 17.5 after buying it for a few days... 09/12/2020 5:30 PM Val-Elta I believe MCT will be a great beneficiary from the HSR project, it's really like durian runtuh, as even without the HSR, they're relatively OK. The HSR if it's progressing, will certainly drive up the land values in cyberjaya, as long term wise it will encourage more MNCs to setup office in KL South/Cyber area all along the track. Low downside risk, due to the long term support at 16 cent. you'll lose 3 bids of paper loss, with very good upside potential, as it can easily go back to 25-35 cents. 09/12/2020 5:40 PM Val-Elta https://focusmalaysia.my/mainstream/property-market-ripe-for-rebound-in-2021/ Maybank IB rerating property sector to Buy.. hope more to come. 15/12/2020 5:35 PM mikeann Based on the present price of 0.185, the stock is grossly undervalued fundamentally. Technically, based on volume and charts analysis, this stock is trending up. Breakout will likely occur if the 0.205 resistance is broken soon. 17/12/2020 10:05 PM Val-Elta All so confident of the 25c? Mmm not sure how to interpret today's action. 1) MCT historically, have a lot of 'traders' that'll easily take profit 1-2 bids, or cut loss 1-2 bids, that's why it's very very hard to escape the 17.5 - 18.5 range.... go up from 16.5 to 17.5, the 17.5 buyers will cut loss down to 16.5 etc etc.. 2) The volume in 19.5 and 20 cent is a very very good sign, over 20 million traded in each of these prices. IF these 40+ million shares is bought by someone with good holding power/long term view, it's a game changer for MCT, as the stocks supply in the hands of flippers will be significantly reduced... I guess we will know in 2 days time, if the profit takers/cut losers will show their hand. 18/12/2020 4:36 PM Val-Elta Is there another 'sifu' do buy call on MCT yesterday ar.. lol.. those stock sifus and their followers... @@ 18/12/2020 4:42 PM Val-Elta The question now is... will the 50m+ 19.5/20 cents buyers cut loss, or do they at least have the 2 months holding power until the Q result comes out. Fundamentally, I believe MCT will have a good chance to have a good QR, but I'm really not sure of the quality of shareholders that came in this round.. 18/12/2020 5:01 PM Val-Elta A bit of background on MCT's fundamentals. 1) They have very little completed / unsold stocks. About 16m as per their last q result. At average of 400k per resident, that's just 40 units of unsold inventory. 2) Their last few QR is impacted from the interest payment on their outstanding loan, however in their latest Q result, their balance sheet has improved (increase of cash & cash equivalent) and decrease in debt, and with the sales of more units for their 'under construction' project, the balance sheet improvement will materialize in the PnL next Q. 3) After selling out their final active large project (which is their lakefront homes) condo, MCT has no minimal active project at all. Alira and Aetas is in 'soft launch' stage. You can look at this both as a positive and negative, positive in the sense that, they're in control if they want to formally launch the next project, after getting a good % of buyers with LO approved. If the project has low acceptance rate, they can delay the launch, and still able to wait until end of 2021 to launch. Negative in the sense that, they will not have new sales to replenish or maintain a high revenue in 3rd/4th quarters. Overall I feel point 3 is a positive, I'd rather save the cash and not launch a project, vs having a lot of unsold under construction in this period. 4) They literally just need a QR with net profit and the technicals/fundamentals will be a perfect combo to send it on a run.. 18/12/2020 5:12 PM Michael Kwok I bought MCT rm 10k. 20.5 cents.Tp 30 cents range.Potential company Will make profit soon probably last quarter or both quarter in a row(increasing profit). 29/12/2020 11:12 AM Wonderful only went in now? The price was below 0.18 for a very long period of time and you didn't buy any? 29/12/2020 11:25 AM Val-Elta no prb buy at 20.5 if your investment plan is sound... in his case, he targets 30cent TP, which is possible in 6-12 months duration. as i mentioned before, they have minimum overhang, and their current projects is almost fully sold (which will be reflected in the coming q result in Feb) we'll then see the performance of their Alira and Aetas sales which is soft launched now... Overall, for property counters that have minimal overhang units and healthy balance sheet, it's a very good time to buy them earlier, vs later... as the low interest environment, + minimal new launches recently, will make it very possible that this coming year is a recovery year for properties, and next year is the beginning of a new property bull run. He will make money if he can hold 1 year, but the problem is, can everyone hold? Or will they cut loss.... a lot of ppl is trading and cutting loss, making the share price volatile, and against its fundamentals.... 29/12/2020 11:40 AM Val-Elta Actually, if u look into their latest QR, if not for the higher tax reversal (from previous tax credit when the co is making losses) MCT already break even/small profit. Assuming that things are only going to get better from now on, this is really the bottom for the company in terms of fundamentals. This is especially true for companies that have minimal overhang and cash rich. When the property overhang reduces/another bull run happens, you'll easily double your profit from MCT, or even triple it if you can hold long enough. But again, this depends on your investment time frame, and if you're want to earn 'fast money' or slow and steady type... 29/12/2020 11:47 AM Val-Elta compared with their current project which shld be a lower margin, alira and aetas and also their casa bayu is gonna be higher margin projects too... if they're able to execute, their next 2 years profit will be stellar, and after which, it's almost certainly the sector will go into the next property bull run d. 300 - 400% gain is really possible in this scenario.. at 60-70c price of MCT, the 20.5c paid is gonna be so cheap.. 29/12/2020 11:50 AM Val-Elta very good volume today, but is it the buy and hold volume or pump and dump volume... 29/12/2020 3:02 PM Val-Elta I rather we have a solid holder accumulating 10m shares from the traders to reduce share supply, than 80m volume of traders who will go away the next few days after the party is over, and leaving behind garbage for the home owner to clean up 29/12/2020 3:42 PM Michael Kwok Usually,I come it will up in near futures.No more begging,no more 10 times writing on other blog, and other.Ong had mari. Michael Kwok 2872 posts Posted by Michael Kwok > Dec 29, 2020 11:12 AM | Report Abuse X I bought MCT rm 10k. 20.5 cents.Tp 30 cents range.Potential company Will make profit soon probably last quarter or both quarter in a row(increasing profit). 29/12/2020 8:06 PM Bursa_advisor Today volume in the counter was 11.07 million, You can buy at 0.220 and can expect to move around 0.240-0.250. The current trend of the counter is looking good. For more info DM me on Telegram @Bursa_advisor. 29/12/2020 9:02 PM OneSmallStep Sound positive. I hv no problem to hold one year or even few years. 29/12/2020 10:16 PM dmksn Bot 0.18-0.185 to avg down my entry 0.215, what a attractive price and thanks for who panic sell. 05/01/2021 5:55 PM mikeann VERY GOOD NEWS FOR MCT https://www.theedgemarkets.com/article/mct-launch-seven-projects-year?type=malaysia 05/01/2021 8:25 PM ![]() ![]() | |