My trading

Malton, pavilion2 - in my watch list

Hiu Chee Keong
Publish date: Fri, 22 Apr 2016, 06:46 AM
Some of my trading

 

Malton, the developer of pavilion2 in bukit jalil. Everyday i go to office, i pass by the develop site, it is huge, and construction seems smooth. Malton has a good record of developed pavillion KL, and has a few international foreign fund holding it. i will keep it in my watch list, and buy if it go under 0.70 (current at 0.725). Once pavilion2  finiished in 2018, i guess it's share will jump up. Last year i bought it at 0.69 and sold it back at 0.80, 10%+ profit in just few months, now i would enter back if it fall back.

Discussions
2 people like this. Showing 4 of 4 comments

davidkkw79

have u calculate its malton-LA shares as well for its market size value ? Did you know how much debt it owe ?? Once you really look at it...then I think you might change your view on it.

2016-04-22 09:21

Hiu Chee Keong

High liability/assets is common in properties stocks. For malton, current ratio 2.47, quick ratio 1.14 is not bad. For me, the properties in middle term (1-2 years) still look promising, at below 0.70, i would consider.

2016-04-22 10:08

GoldenShares

yes, Hiu, u r right, Malton, good potential, : )

2016-04-22 10:16

Hiu Chee Keong

Yesterday it fell below 0.70, today i queued at 0.66, but it only fell to 0.67 then rebound back to closed at 0.695. Monday i will queue back at 0.66, or even lower 0.63 if US and oil fall tonight :D

2016-04-29 17:27

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