NEAR TERM POSITIVE CATALYSTS INCLUDE :
(1) IMPROVED PROFITS FOR ITS 3Q RESULTS AS AT 30/9/16
(2) PROSPECTS FOR CASH DIVIDEND WHICH IT HAD IN THE PAST DECLARED DURING OCTOBER

UPDATING
=========
MACRO FACTORS NOT EASY TO PREDICT.
GERMAN MART DAX WAS UP 1%. ALL EU STOCK MARTS WERE UP
DEUTCHE BANK SHARE PRICE WAS ALSO UP 2%.
USA DOW WAS ALSO INTRA DAY UP 100 PTS BUT CLOSED DOWN 85. DUE TO STRONGER USD CURRENCY

MICRO-MANAGING
================
MAYBE RE-FOCUSSING ON THE INHERENT FUNDAMENTAL VALUES AND THE POTENTIAL OF MBSB WILL BE MORE RELEVANT.
SINCE IT WENT EX-RIGHTS A FEW MONTHS AGO AT AROUND 0.71 SEN, IT S PRICE HAD PROGRESSED UPWARDS TO THE CURRENT 0.93. A COMMENDABLE PRICE RISE TO MOVE IT CLOSER TO ITS UNDERLYING FUNDAMENTAL VALUE.
POSITIVES INCLUDE (1) ITS 2 YEAR IMPAIRMENT PROGRAMME IS LONGER TERM POSITIVE (2) ITS 2Q PROFITS WAS IN FACT MUCH HIGHER THAN ITS 1Q PROFITS REGISTERING A 114% INCREASE SEQUENTIALLY POINTING TO ITS PROGRESS TOWARDS NORMALISATION OF ITS HIGH PROFIT POTENTIAL (PRIOR TO ITS IMPAIRMENT PROGRAMME). (3) POTENTIAL ISLAMIC BANKING LICENCE WHICH WILL BE SUPPORTED BY (1) ABOVE

HI. DID SOME POSTINGS ON MALTON IN ITS OWN FORUM

ERROR. FYE 30/6/16 EPS 8.3 SEN. HENCE ( EVEN EXCLUDING ITS BIG RETAINED EARNINGS) IT CAN EASILY PAY THE 4.3 SEN DIVIDEND TO BECOME A HIGH D YIELD STOCK. UPGRADE ITSELF INTO AN INVESMENT GRADE STOCK TO ATTRACT FUND MANAGERS

SORRY. MISTOOK FOR ANOTHER COMPANY.
LAST 2 YEAR PAID 3 SEN.
LOOKING FORWARD TO 3 SEN NORMAL + 1.3 SEN SPECIAL (TOTAL 4.3 SEN) THIS YEAR BASED ON ITS EPS ALREADY 4.33 SEN FOR ITS 1H YEAR AND THE RECEIVABLE RM50M CASH REVOCATION FEE WITH A CAPITAL GAIN OF RM36.8M

.Deutsche shares are now up 2.33 percent. Investors must believe the DoJ deal will be favorable.

DEUTCHE BANK IS NOW UP TO 11.84 (UP 0.27 OR 2.33%)

GERMAN DAX IS UP 30 PTS OR 0.28%

Deutsche Bank got a strong vote of confidence Monday from a big name — and competitor — on Wall Street. JPMorgan Chase CEO Jamie Dimon said he believes the German lender is going to be fine. They have plenty of capital, plenty of liquidity,"

DEUTCHE BANK SHARE PRICE OPENED UP 0.35%

WORTHWHILE GETTING HIGH DIVIDENDS WHILE WAITING FOR OTHER POSITIVE CATALYSTS INCLUDING MEGA CONSTRUCTION CONTRACTS FROM ITS PARENT (PAVILION GROUP , A LEADING STABLE PROPERTY GROUP WHICH HAS THE CANADIAN PENSIONS FUNDS AS IT JOINT VENTURE PARTNER FOR ITS BUKIT DAMANSARA NEW TOWN PROJECT AND WHICH CONTRIBUTED RM485M FOR ITS STAKE).
BEING IN-HOUSE NO PROBLEMS IN GETTTING ITS CONTRACT PAYMENTS)
EXPECTING ANNOUNCEMENTS OF SUCH CONTRACTS FOR THE 2ND PHASE ANYTIME

DIVIDEND YIELDS MUCH HIGHER THAN BANK FIXED DEPOSITS.
AT CURRENT PRICE, MALTON CONSIDERED VERY SAFE

LOOK AT MALTON'S STRONG FUNDAMENTALS.
PAR RM1.00
NTA RM 1.65
EPS (LAST YEAR 8.3 SEN
P.E. RATIO 7.55x
GOING TO RECEIVE RM50M REVOCATION FEE FROM ECOWORLD. IN THE CURRENT SOFTER PROPERTY MART, GETTING RM50M (WITH A NET CAPITAL GAIN OF RM36.8M) WITHOUT BEING BOGGED DOWN WITH A BIG PROJECT IN PENANG AND WITH ECOWORLD PAYING OFF RM170M OF ITS RELATED LOANS WILL BE VERY POSITIVE FOR THE PROSPECTS OF MALTON.
LOOKING FORWARD TO ITS DIVIDEND ANNOUNCEMENT THIS MONTH. RECORD OF PAYING 3 TO 5 SEN. WE WILL GET BETWEEN 3 TO 4.3 SEN THIS TIME

IF DB SHARE PRICE SLUMPS THIS AFTERNOON, IT WILL ALSO AFFECT DOW INDEX TONIGHT AS DB SHARE IS ALSO LISTED IN USA DOW

WATCHING EU STOCK MARTS WHEN OPENS AT3PM TODAY.
GERMAN SHARE MART WILL RE-OPEN THIS AFTERNOON.
DEUTCHE BANK SHARE PRICE REBOUNDED 14% LAST FRIDAY BASED ON A FAKE NEWS OF PENALTY SETTLEMENT MUCH LOWER THAN THAT IMPOSED BY US DOJ. TURNED OUT TO BE JUST A MARKET RUMOUR. HENCE AFTER A HOLIDAY YESTERDAY, DEUCHE BANK SHARE PRICE MAY DROP BACK AGAIN

error. Bersih 5 ongoing till 19th NOVEMBER

TO PAUSE & REVIEW DUE TO THE LATEST MAJOR NEGATIVES AND UNCERTAINTIES
====================================================================
KLCI chart : end Sept
Author: | Publish date: Sat, 1 Oct 2016, 06:30 PM
KLCI chart ... ending the month of Sept, with a bomb-scare to shake KLCI ... lost 17 points yesterday. Shorted the opening was right but taken too early again ... didnt expect minus 20 plus points.
Resisted by 20MA and 20-50 MA crossover to show bearish signal ahead.
KLCI monthly chart ... still trapped in downtrend. Be aware.

(SORRY THE KLCI CHARTS COULD NOT BE COPY & PASTE HERE)
k55s Meaning DJ rebound yesterday could be fake one?
01/10/2016 18:50
01/10/2016 21:56
I had some strong feelings that the world stock markets is facing financial turbulence and very likely and imminent to crashed in just a matter of time . The DJI rebound is just a fake sign as many institutions and financial experts are downloading their equities ahead of others to save haven and the final decisions is yet to be seen by many b4 the market crashed subtlety . If that happens at least about 70 % of stocks investors completely wiped out caught unaware with their egoistic swollen head which does come to accept the termed in what a major disaster is about to happen in short .
EURO BANK SHARESAND SOME USA BANKS ARE UNDER GREAT PRESSURE
OUR OWN MAYBANK AND CIMB SHARE PRICES ALSO DROPPED 2% LAST FRIDAY
01/10/2016 22:43
Why you should be skeptical of that $5.4 billion Deutsche Bank settlement
--------------------------------------------------------------------------------------------------
21 Hours AgoCNBC.com
Deutsche Bank and German regulation 22 Hours Ago | 01:03Shares of Deutsche Bank were leaping in New York trade Friday on a report that it was near a settlement with the U.S. Department of Justice, but here's reason to be skeptical about the number being cited.Shares of Deutsche Bank have extended their gains, up about 14 percent in afternoon trading, after an AFP report that Germany's biggest bank is close to a $5.4-billion dollar settlement with the Justice Department over mortgage bonds. CNBC has not independently confirmed the report.
But if the number was correct, under German capital market rules Deutsche Bank would be required to confirm the amount by now. Its failure to do so indicates the number is not correct.
No way Merkel can bail out Deutsche Bank, German media say
8 Hours Ago
German Chancellor Angela Merkel cannot afford to bail out Deutsche Bank given the hard line Berlin has taken against state aid in other European nations and the risk of a political backlash at home, German media wrote on Saturday.
The government denied a newspaper report on Wednesday that it wasworking on a rescue plan for Germany's biggest bank, as its shares went into a tailspin fueled by a demand for up to $14 billion from U.S. authorities for mis-selling mortgage-backed securities before the financial crisis.
"Of course Chancellor Merkel doesn't want to give Deutsche Bank any state aid," it wrote in a front-page editorial. "She cannot afford it from the point of view of foreign policy because Berlin is taking a hard line in theItalian bank rescue."
The Munich-based Sueddeutsche Zeitung wrote that Merkel would be breaking a promise to taxpayers if she were to bail the bank out, which could spell disaster for her re-election bid next year as the anti-immigration AfD party gains ground.
OTHER RECENT RISKS INCLUDE : BERSIH 5 ongoing until 6th November

DESPITE THE CONTINUING IMPAIRMENT IN 2Q, ITS PROFITS IMPROVED BY 114% OVER ITS PRECEDING 1Q. MEANS OVERALL BUSINESS AND OTHER INCOME CONTRIBUTIONS HAD IMPROVED N HAD MITIGATED THE IMPACT OF IMPAIRMENT IN 2Q

AS INDICATED EARLIER I AM COLLECTING THIS SHARE IN MODEST QUANTITIES EACH TIME . THIS HAD HELPED ME TO AVERAGE MY PRICING. SOMETIMES HAD TO AVERAGE UP BUT ITS OK AS LONG AS ITS ON ITS BULLISH UPTREND.

SEEN LOTS OF VIEWS ON THE NEXT BULLISH NEWS, EVENTS OR CATALYSTS TO PUSH UP MBSB'S SHARE PRICE. I DO NOT HAVE ANY "INSIDER NEWS" BUT I DID SOME RESEARCH AND THESE ARE MY FINDINGS:-

1) MBSB DECLARED A 5 SEN CASH DIVIDEND ON 22ND OCTOBER 2013.
POSSIBLY A REPEAT OF A DIVIDEND ANNOUNCEMENT NEXT MONTH.
BASED ON ITS 1H YEAR EPS OF 3.44 SEN IT CAN AFFORD TO PAY SAY 3 SEN.
( NOTE THAT ITS RETAINED PROFITS IS A HEALTHY RM726M)

2) DUE TO ITS 2 YEAR IMPAIRMENT PROGRAMME ITS CURRENT YEAR'S PROFITS IS
DOWN BUT NOTED ITS PROFIT RECOVERY :-
1Q RM35M
2Q RM75M ( A BIG SEQUENTIAL INCREASE OF 114% Q TO Q)

A GOOD 3Q PROFIT REPORT (LIKE ABOVE) WILL BE BULLISH FOR MBSB'S SHARE PRICE.

MALTON'S DIVIDEND INCOME IS FAR HIGHER THAN BANK FD
FOR BETTER COMPARISON LETS USE THE 3 MONTH TIME PERIOD (DIVIDEND RECEIVABLE IN 3 MONTHS) AND USE 100,000 SHARES @ 0.63 PRICE = RM63,000

MALTON: D @ sen sen = RM3,000
: @ 4.3 SEN = RM4,300

BANK FD @ 2.8% = RM 441


THE DIVIDEND INCOME IS BY FAR VERY MUCH MORE THAN BANK FD INTEREST.

OF COURSE SHARE INVESTMENTS HAS AN INHERENT MARKET RISKS OF PRICE FLUCTUATIONS.
BUT MALTON IS ALMOST AT ITS ALL TIME PRICE LOW NOW.
FUNDAMENTALLY SOUND. NTA 1.65 PER SHARE

MAKING SATISFACTORY PROFITS DESPITE CURRENT SOFTER PROPERTY MART.
ITS ONGOING PROJECTS ARE DOING WELL BEING WELL LOCATED AND LAUNCHED DURING BETTER ECONOMIC TIMES 2 TO 3 YEARS BACK. AND ITS CONSTRUCTION CONTRACTS ARE FROM IN- HOUSE FROM THE ESTABLISHED PAVILION GROUP

AGREED. MALTON IS DEEPLY UNDERVALUED AND ITS BUSINESS ARE DOING WELL

EARNINGS PER SHARE (EPS) FYE 30/6/2016 WAS 8.3 SEN
A 3 SEN D WILL A CASH D YIELD OF 4.8%
A 4.3 SEN (3 SEN NORMAL + SPECIAL D OF 1.3 SEN) WILL YIELD 6.8%
(VERY MUCH HIGHER THAN BANK FD NOW GIVING 3.8% P.A.)
(EFFECTIVE YIELDS FROM MALTON WILL BE EVEN HIGHER SINCE WE CAN RECEIVE THE D IN A FEW MONTHS TIME COMPARED TO 12 MONTHS FOR BANK FD TO MATURE)

MALTON HAD FOR THE LAST 3 YEARS ANNOUNCED ITS DIVIDEND PAYMENT IN OCTOBER.
USED TO PAY 1ST & FINAL DIVIDENDS OF 3 SEN ANNUALLY.
WE HOPE TO GET AN EXTRA SPECIAL DIVIDEND NEXT MONTH

ERROR. THE RM783M CONTRUCTION CONTRACT IS FOR THE BUKIT DAMANASARA PROJECT.

1Q RESULTS/PROFITS AS AT 30/9/2016 WILL RISE WITH THE RM36.8M CAPITAL GAIN
+ THE PROFITS FROM ITS BUKIT JALIL SALES + ITS RM783M 1ST CONSTRUCTION CONTRACT FOR THE BUKIT JALIL CONTRACT (NEARING COMPLETION N TO BE REPLACED WITH 2ND PHASE CONTRACTS)

THE RM50M REVOCATION FEE WILL INCLUDE A CAPITAL GAIN OF RM36.8M.
POSSIBLE SPECIAL DIVIDEND FROM THIS EXTRAORDINARY GAIN WHEN ANNOUNCEMENTS ARE MADE NEXT MONTH.
THE REVOCATION DEAL WILL ALSO ALLOW MALTON TO FOCUS ON ITS CONSTRUCTION CONTRACTS FROM ITS PAVILION GROUP PARENT AND ITS BUKIT JALIL PROPERTY PROJECT WHICH HAD ALREADY SOLD SUCCESSFULLY 2 YEAR AGO AND ARE PROGRESSING WELL.

MALTON WILL ALSO BENEFIT WITH REDUCED BORROWINGS/GEARING WITH THE REVOCATION DEAL FOR THE BATU KAWAN PROJECT AS ECOWORLD WILL REPAY THE RM170M RELATED FINANCING.
A VERY GOOD DEAL FOR MALTON (RECEIVING RM50M REVOCATION FEE + REDUCED GEARING)
GOOD PROSPECT FOR A HIGHER DIVIDEND THIS YEAR

DIVIDEND ANNOUNCEMENT
RM50M REVOCATION FEE FROM ECOWORLD
BIG CONTRUCTION CONTRACTS (IN-HOUSE) FROM PAVILION GROUP IN THE PRIME BUKIT DAMANSARA NEW TOWN PROJECT

NEXT MONTH, OCTOBER, WILL BE A VERY GOOD MONTH FOR MALTON PRICE

OXFORD UNIVERSKTY ISSUED AN ANALYSIS ON TRUMP'S POLICIES. NEGATIVE IMPACT ON WORLD TRADE IS HUGE. ITS NOT ABOUT HIS PERSONAL SUCCESS AS A PROPERTY DEVELOPER. ITS HIS PROFESSED TRADE POLICIES WHICH ARE SO DISRUPTIVE. EG. CANCELING TRADE AGREEMENTS , IMPOSE PROTECTIONIST IMPORT TAXES, ESPECIALLY AGT CHINA AND PUNISH CHINA WHICH HE ACCUSED AS A CURRENCY MANIPULATOR.
TRUMP'S POLICIES ARE VERY DISRUPTIVE AND CREATE A LOT OF ECONOMIC UNCERTAINTIES. AND SHARE MARKETS DO NOT LIKE ECONOMIC UNCERTAINTIES

WE NEED TO WATCH SUCH MACRO FACTORS

TODAYS CNBC NEWS. HISTORICAL DATA SHOWED USA DOW JONES INDEX NEXT WEEK IN A DOWN TREND.
ANOTHER FACTOR TO WATCH IS TOMORROW'S ONE TO ONE DEBATE BETWEEN THE 2 CONTENDERS. IF TRUMP WINS IT IS NEGATIVE BCOS A TRUMP PRESIDENCY WILL BE BAD FOR THE WORLD ECONOMY DUE TO TRUMP'S DISRUPTIVE TRADE POLICIES WHICH WILL HIT CHINESE YUAN CURRENCY N CHINA EXPORTS TO USA (threatened 45% import duties)
CHINA ECONOMY WILL BE HIT HARD WITH NEGATIVE IMPACT ON ASIAN ECONOMIES

THE DIVIDEND ANNOUNCEMENT NEXT MONTH WILL KICK START IT PRICE UPTREND AND SUSTAINED BY THE OTHER CATALYSTS CITED ABOVE

THE MASSIVE BUKIT DAMANSARA NEW TOWN CENTRE PROJECT BY THE PAVILION-CANADIAN PENSIONS FUNDS WILL BE VERY IMPRESSIVE AND A GREAT SUCCESS. (SUPPORTED BY GREAT LOCATION AND EXCELLENT PUBLIC TRANSPORT WITH SEVERAL MRT STATIONS IN ITS VICINITY.
THIS WILL CONTRIBUTE TO THE SUCCESSFUL BUSINESS OF MALTON, THE IN-HOUSE MAIN CONTRACTOR. EARNINGS VISIBILITIES FOR THE NEXT FEW YEARS WILL BE GOOD

THE MEGA CONSTRUCTION CONTRACTS FROM ITS PARENT PAVILION GROUP FOR THE 2ND PHASE OF THE STRATEGICALLY LOCATED BUKIT DAMANSARA NEW TOWN CENTRE PROJECT TO BE ANNOUNCED SOON.
FULLY SUPPORTED BY THE CANADIAN PENSIONS FUND WHICH INJECTED RM485M CASH INTO THIS PROJECT.

RIGHT TIME AND GOOD PRICE (VERY UNDERVALUED) TO BUY.
MANY CATALYSTS IN THE NEXT FEW WEEKS TO BOOST SHARE PRICE UP
1) DIVIDEND ANNOUNCEMENTS HAD ALWAYS BEEN DURING OCTOBER
LIKELY HIGHER DIVIDEND DUE TO REASONS BELOW
2) RM50M RECEIVABLE FRO ECOWORLD SOON AS REVOCATION FEE FOR THE BATU KAWAN PROJECT.
CAPITAL GAIN RM36.8M PLUS REDUCTION OF BORROWINGS BY UP TO RM170M AS ECOWORLD WILL PAY OFF THE RELATED FINANCING.
3) NEW/ADDITIONAL MULTI-BILLION CONSTRUCTION CONTRACTS (IN-HOUSE FROM PARENT PAVILION GROUP) FOR THE 2ND PHASE OF THE BUKIT DAMANSARA NEW TOWN PROJECT (PROGRESSING VERY WELL)

ALL THE ABOVE = IMPROVED FUNDAMENTALS AND CASH INFLOWS = HIGHER PROFITS FOR ITS NEXT QUARTERLY RESULTS

Invest-101. AGREED WITH U THAT ITS QUARTERLY RESULTS CAN BE CATALYSTS BUT ONLY IF THEIR PROFITS CAN IMPROVE. DUE TO ITS 2 YEAR IMPAIRMENT PROGRAMME OF RM1.7B ITS 1Q N 2Q PROFITS FOR CURRENT YEAR IS ALREADY DOWN BY 50%. HENCE ITS NEXT FEW QUARTERLY PROFITS WILL BE DOWN DEPRESSED BY ITS CONTINUING IMPAIRMENT.

EXPRCT ITS CURRENT CONSOLIDATION PHASE TO CONTINUE.

AGREED WITH ABOVE EARLIER COMMENTS THAT " final show still far away". TIES UP WITH MY TIMELINE "UP TILL 1Q2018" (based on public announcements via BURSA). HENCE MY STRATEGY TO SLOWLY BUY ON PRICE DIPS DURING ITS CURRENT CONSOLIDATION PHASE (triggered by its loan assets impairment provisioning programme and due to the many economic n political uncertainties like USA INTEREST RATE HIKE DECISION ON22/9, USA PRESIDENT ELECTION ON 8/11 N BERSIH 5 DEMO ON 19/11)

I ALSO DONT'T KNOW ABT ANY NEWS ON 21st.
ONLY KNOW THAT ITS BAD DEBT IMPAIRMENT PROGRAMME OF RM1.7B WILL CONTINUE TO HIT ITS PROFITS UNTIL THE 1Q 2018.
AND THAT APPLICATION FOR AN ISLAMIC LICENCE IS NOT A PRIORITY UNTIL AFTER ITS IMPAIRMENT HAD BEEN COMPLETED.
HENCE STILL GRADUALLY BARGAIN HUNTING IN SMALL QUANTITIES,i.e. BUYING ON DIPS TO AVERAGE DOWN PURCHASE PRICES WITHIN ABOVE TIMELINE.

DISAPPOINTED THIS 1st HALF YEAR NO INTERIM DIVIDEND (unlike last year 1H)
GOT TO WAIT UNTIL NOVEMBER FOR 3Q RESULTS) TO SEE IF ANY INTERIM DIVIDEND FOR THIS YEAR

INCREASED VOLUME WITH MORE BUYERS THAN SELLERS ARE GOOD SIGNS.

LOTS OF POSITIVE NEWS COMING. HENCE PRICE TODAY UP

SURELY DESMOND/PAVILION GRP WILL KEEP THE VALUABLE CONTRACT IN-HOUSE AMD AWARD IT TO MALTON TO RETAIN THE CONTRACT REVENUE WITHIN THE GROUP.
ALREADY THE DEMOLITION AND INFRASTRUCTURE CONTRACT RM703M WAS AWARDED IN THIS WAY.

INTERESTING COMMENTS BY THE 3 OF YOU.
CHEERS US UP IN A RATHER BORING MORNING SESSION

info obtained from Annual and Quarterly Results Reports as well as its announcements to Bursa

U SHOULD RESPECT OTHERS RIGHT TO DISCUSS N SHARE THEIR VIEWS. U DONT HAVE TO JOIN IN. ITS YOUR RIGHT.

NOT DIRCECTLY. WHAT WR FEAR IS THAT A TRUMP PRESIDENCY CAN DERAIL
OUR WORLD ECONOMY DUE TO THE VARIOUS DISRUPTIVE
POLICIES WHICH HE THREATENED TO ADOPT N EHICH WILL
UNDERMINE WORLD TRADE. THIS WILL CAUSE A GLOBAL
RECESSION HITTING ALL STOCK MARKETS.
STILL 2 MORE MONTHS TO USA ELECTION. ALSO HE
MAY NOT WIN. BUT WHAT IF HE DOES!!!

AGREED THAT THERE ARE ALSO MANY POSITIVES IN TRUMP.

WHAT I AM WORRIED ARE HIS DISRUPTIVE POLICIES IN THE WORLD TRADE

U MAY HAVE A POINT THERE. BUT U CAN'T REALLY TELL WHEN IT COMES TO MASS DEMOS.
MAYBE U CAN LOOK AT CNN, CNBC, NYTIMES ETC TO GET MORE COMMENTS ON TRUMP'S ECONOMIC POLICIES. A NOBLE LAUREATTE PRIZE WINNER SAID THAT TRUMP'S ECON AND FOREIGN POLICIES ARE SO DISRUPTIVE THAT IT COULD CAUSE A SEVERE GLOBAL RECESSION.
AND TRUMP IS NOW OVERTAKING HILLARY IN OPINION POLLS ON WINNING THE ELECTION. SCARY POSSIBILITY. AS WE GO NEARER TO NOV 6, WE NEED TO DO A FINAL ASSESSMENT OF A LIKELY TRUMP PRESIDENCY. IT MAY BE VERY PRUDENT TO EXIT THE STOCK MARTS. ONE GOOD FELLOW SAID "ITS CRITICAL FOR OUR FINANCIAL WELL BEING NOT TO BE EXPOSED TO THE CONSEQUENCES OF A TRUMP PRESIDENCY. NOT WORTH THE RISKS. INSTEAD WE SHOULD HAVE CASH RESERVES TO TAKE ADVANTAGE OF ANY SEVERE STOCK MART CORRECTION TO BARGAIN HUNT FOR BLUE CHIPS SELLING AT DEPRESSED PRICES". A SURE WAY TO MAKE LOTS OF MONEY.

MALTONS SHARE PRICE WILL CLIMB UP.
STRONG FUNDAMENTALS . PROPERTY PROJECTS VERY SUCCESSFULLY SOLD. EG, BUKIT JALIL PROJECT GREAT SUCCESS.
CONSTRUCTION ARM ALSO GOT GOOD CONTRACTS ESP THOSE INHOUSE ONES. EG. BUKIT DAMANSARA NEW TOWN CENTRE PROGRESSING SMOOTHLY.

RM50M CASH COMING FROM ECOWORLD AS REVOCATION FEE. CAPITAL GAIN RM36.8M WHICH WILL JUMP UP NEXT Q PROFITS

BESIDES THE 3 SEN NORMAL DIVIDEND WE CAN BE REWARDED BY AN ADDITIONAL SPECIAL DIVIDEND, SHARE PRICE WILL THEN FLY UP
DIVIDEND ANNOUNCEMENT NEXT MONTH

WAITING FOR 3Q RESULTS IN NOVEMBER