closed 0.645 up 0.05 ! Not bad ! if next week up, might confirm trend reversal ! :)

Both daily and weekly MACD are positive emanating buy signals. If today closes above 65sen, there will be 3 advancing white soldiers in the weekly chart ! :)

0.64 unchanged. 137,100 shares buy at 0.64 taking sellers at 0.625, 0.63, 0.635 and part of 0.64 . A smart fund is collecting... haha! :)

I talked to a research analyst on equities just about 10days ago, she agreed with me that the share worth a few ringgit if we can hold till the completion of BJC. :)

No bonus issue since 2003

20million shares placed out at RM1.00 in Dec 2014. Right issue in 2011, 2 for 5 at RM1. Face Value RM1.

Next Financial Year results should be very good and expect the completion and handing over the 112 signature shop office, progress billings for the 44 Park View retail shops and the 4 towers if not all the 6 Sky Park Residence.... :)

There may be pleasant surprises along the way... like award of contracts from Pavilion Bukit Damansara project.. hehe... :)

Wow! 7 Billion construction contract in the bag for the next 5 years ! Does the investment fraternity see this ?

http://www.theedgeproperty.com.my/content/rm7b-pavilion-damansara-project-start-2q2016

Would Malton be awarded the construction contracts?

Many impending property development projects in KL alone , TTDI, Nova Pantai, Amaya Duta Jalan Kuching, Ukay Spring, BJC remaining 2 Residence Towers, Hotel and Office Tower....

From the latest Q financial report, there is a minority equity interest of rm187m (an increase of rm167.5m as compared to the previous Q), the major portion of which must be from the TTDI project. I don't think that it has been suspended since a substantial amount of money has just been invested in it in the last Quarter. It is a lawful development project.

Da Men Mall in Subang Jaya, with 420, 920sq ft tenable area, sold to Pavilion REIT for rm488m. Pavilion2 in BJC which are being designed by world renowned mall designers, will have about 2 million square ft tenable area. On completion, it will worth at least rm2.5billion, I think. So, just guess what will the share price of Malton, your guess is as good as mine. :)

The 2 catalysts mentioned by darrenliew are good enough for the short term. But the real gem is the SUCCESS of Pavilion 2 which will drive the share price to maybe, a few ringgit! There are many gems in the co as many property development projects are bearing Kuala Lumpur addresses.

Disclaimer: I have beneficial interests in Malton shares and this is not an enticement for buying or selling the shares. If you do, you are doing it at your own risks. :)

Wait for completion of the Pavilion 2 in 2018. If the take up rate for the 2 million square ft tenable mall is satisfactory, all the shareholders would be laughing all the way to the bank.

This is a million dollar question if Pavilion 2 would be successful. Could someone throw some light on this? :)

Let's check the announcement later

Nova Saujana Condominiums Project in Subang which was handed over last Feb/March, the sales should have been booked in the Qtr ended 30th June 2016.

@3sen dividend, annual dividend payout is only rm13.45M, @4sen, it is still less than rm18M. It is insignificant to the cash flow......

Declare 1 Sen extra only needs RM4.48M.

Irresistible fallen durians in 1st grade durian orchards.

Thanks :)

http://www.theedgemarkets.com/my/article/genting-pavilion-us6b-vietnam-project

GoldenShares , from where you read the news

:-)

The shares in Credit suisse, I believe belong to the owners. You can computer and add up those registered under Malton Sdn bhd, it total to about 35% :-)

Could also be falling durians!

Now there are buyers parked 500 lots to buy. The 500 lots @59sen done. Another 500 each at 58.5 and 58. Let's see....

Last month, Volume done for this counter 11.77M and June 9.41M . Don't you think that sellers might possibly be depleting ? :-)

Yes. Checked b4. Sellers keep coming since 2 -3 months ago.....

Yes. But not that many foreign funds in this counter.....

Possible. Consistently coming from those few broker houses

How much billings would be picked up for the coming Quarter?

http://1-million-dollar-blog.com/progressive-payment-schedule-for-landed-property/

Another person's loss is another's gain. I will hold for coming Quarter results and Dividend. Painting work stage now for the Signature Shop Offices at BJC.

http://www.ptlm.com.my/index.php/component/k2/11-insider/pavilion-group-to-develop-highrise-township-on-lands-bordering-ttdi-and-bukit-kiara

Memang Perkasa is 51% owned by Malton

It's true that the share price didn't perform. BJC project could be the turning point when the profits start to plough in

At 62 Sen, it is a steal and sellers sell at their own perils... :-)

Ho Hup will receive 18% GDV of the whole project as they provided the land. Malton sold the Signature Shops at rm800 per square ft whereas Ho Hup sold their shop lots at Aurora BJC at rm600 per square ft. After less 18% for Ho Hup, Malton gets rm656 per square ft from selling the shop lots without land costs and the selling price per square ft is higher than that of Aurora by rm56 per square ft. How profitable of those shop lots for Malton BJC!!!

Signature shops and the parkview retail shop sselling at a minimum of 4.2M each, corner lot for the Parkview shop is RM5.8M while some bigger units of the Signature shop selling at more than rm8M each. What should be the cost of building a 3 storey shop lot of 26.5 ft x67.5 ft with a lift? Should be less than 40% of the selling price oe even less. So, after providing 18% for Ho Hup, the margin is estimated at minimum of 40%. So 40% of RM800M is RM320M! :-)

Write a comment..http://www.marketwatch.com/m/quote/malton?countryCode=MY

Past 2 years, 3 Sen dividend per share yields 4.838 per cent which should provide a good cushion for the share price at current level. :-)

At 62sen the market capitalization of Malton is only rm280M. The valuation is definitely very low. BJC contribution alone is far more than that, maybe the contributions from the 112 signature shops and the 54 retail shops with a GDV of approx rm800M is more than rm280M. Correct me if you think that I am wrong. :-)

Sooner or later, sellers will deplete. Results for the coming quarter financial report should be very impressive. That will tilt the sentiment. :-)

What's MOA?

Selling at a steep discount to NTA. Earning for 4Q FY2016? Nova Saujana final phase, handed over in last Feb. Signature Shops progress billings..... 900+ millions construction contracts ..... why the selling pressure? But there are buyers, 2.2mil transacted.....

For revocation of the JDA at Batu Kawan, Malton will receive approximately 170millions being 96 millions repayment of bank loan, 50 millions for compensation of foregoing the Development rights, 20 millions deposits for the JDA plus 5% interests per annum. This will improve the balance sheet. Progress billings for the quarter ending 30th June should be impressive. :-)

@wonder, Without taking the contributions from other jobs, just the contributions from BJC alone, the value in Malton is easily apprehended. :-)

Disclaimer: All articles presented by the writer here are of his personal opinions and are not intended to entice anyone into buying or selling the shares. If you do, it is at your own risks. The writer beneficially own some Malton shares. :-)

For Malton, patience is the name of the game. Coming 4th Quarter results should be very impressed. Nova Saujana was completed and handed over just after the last CNY but sales has not been booked in yet for the final phase of the project. ........

Unbilled *** not unfilled

At 64.5 Sen, Malton market capitalization is approximately RM290 Millions only. In Bukit Jalil City alone, total sales of the 112 signature shops is about 550-600mil, The 4 blocks of Service Apartments total 1098 units with Gross Development Value of about 1Billion, and 44 shops at the ground floor Selling at 4.2M-5.8M each will yield a GDV of approx 200M. 80% of the sales in Bukit Jalil are unfilled. The coming quarterly results will capture significant sales from BJC.

The profits from the 112 signature shops alone probably will equate the market value of Malton.

This is an overlooked Gem, maybe due to scepticism.....or any other reasons for which some of you may like to share ...

Why can't touch Desmond Lim's counters. He only has Pavilion REIT and Malton. Is that right?