MCT only for loooooooooooooong term investors.

To remind, if you don't have holding power & looking for short term profit. DON'T BUY MCT.
Now. market up 68 points, almost all the shares up with 2 digits but MCT still under force selling.

It is good if able to buy at 0.05 :)

Ayala land bought 66% with RM 500 mil. Now just pay 74 mil to get remaining 34% with offer price 0.15 cents. Good deal...

Small parcel of land. Impact only Rm 1 mil if compare to GDV 5 billion.

@DreamKentut The wrath of Seafield Temple?

No, Ayala cannot force if you don't want to accept the offer. But if Ayala obtain >90% of share, then can request delist from Bursa. You still the minor shareholder of MCT.

Estimate the lowest price offer from Ayala land. 1st bought at RM 1.28, 2nd bought at RM 0.88, last buy at RM 0.15 :)

@valensi88 Why 15 cents?

Tabung Haji spend > RM 100 mil but now sell with 90% loss. Nvr mind, money is from "rakyat malaysia"..

urusharta manage the shares from Tabung Haji with huge losses. I believe MCT is in the list to clear all but due to poor support from other institution (include Ayala land), then urusharta force to sell at lowest price.

Ayala land only need RM 74 mil (0.15 cents, 34% remaining share) to privatize the MCT with property GDV >5 billion, profit > RM 1.5 billion.

Price drop with trading volume <1% of total shares. Means price sell down by ppl who feel panic & need cash to survive. Ayala land just waiting for the right time to privatize MCT with lowest offer price, eg 0.15 cents.

This is the reason that I keep on remind, don't buy MCT if you don't have holding power.

Don't worry, price drop significantly was due to force selling but Ayala land didn't support the price & share also no under any GLCs.

Today game over. Continue queue to buy at 0.06 & keep for privatize at 0.15 :)

Now just collect slowly, then sell all to Ayala with offer price 0.15. :)

Ayala land very smart, wait for share drop till 5-6 cents then offer privatize at 0.15 cents. PPL sure will accept the offer, including me :)

As what I keep on remind, don't buy MCT if you don't have holding power..Share price drop from 0.28 to 0.075 within one month. SO CRAZY ..Take note!

Seems like margin call sell is heavy, let's wait for sell down at 6 cents.

Queue to buy at 6 cents to average down the price to 8 cents

Ya, if offer only 15 cents, I will sell also. 50% gain..


@John Ha Tung Soon now the price so low, they offer only 15 sen, those who trap high all die.....

AYALA LAND, INC.

1. Corporate Information
Ayala Land, Inc. (the Company) is domiciled and was incorporated on June 30, 1988 in the Republic of the Philippines. The Company’s parent is Ayala Corporation (AC). AC is a publicly-listed company, 47.04%-owned by Mermac, Inc., 6.59%-owned by Mitsubishi Corporation (MC) and the rest by the public. The Company’s registered office and principal place of business is 31st Floor, Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City.

Sep 2019* Dec 2018*
Regent Wise Investments Limited (Regent Wise) (Hongkong company)
AyalaLand Real Estate Investments Inc. 100 100
AyalaLand Advisory Broadway Inc. 100 100
AyalaLand Development (Canada) Inc. 100 100
AyalaLand OpenAsia Holdings PTE, Limited 100 100
Blue Horizons Holdings PTE, Limited 100 100
Modular Construction Technology (MCT) Bhd. 66 66

MCT soon to be privatize & become 100% of Regent Wise

MCT Bhd
On January 2, 2018, Ayala Land, Inc., (ALI) through its wholly-owned subsidiary, Regent Wise
Investments Limited (RWIL), signed a share purchase agreement to acquire an additional 17.24%
share in MCT Bhd (MCT), subject to completion of certain conditions.
On January 5, 2018, the transfer of shares was completed, increasing the Company’s shareholding in
MCT to 50.19% from 32.95%. RWIL also issued a notice of an unconditional mandatory take-over offer
to the Board of Directors of MCT, to acquire all remaining shares of the company that are not already
held by RWIL, following the completion of certain conditions to the share purchase agreement.
30
The mandatory take-over offer made in connection to the acquisition of additional shares in MCT closed
as of 5:00 p.m. (Malaysian time) 19 February 2018. Owners of 295,277,682 shares accepted the offer,
equivalent to 22.12% of MCT’s total outstanding shares. As a result of the offer, ALI’s shareholdings in
MCT increased from 50.19% to 72.31%. Total consideration paid is P5.98 billion
On March 23, 2018, the Irredeemable Convertible Unsecured Loan Stock of Dato Sri Tong and Tan Sri
Barry Go, founders of MCT, were converted into 122,218,357 MCT shares. This resulted in a 6.07%
dilution of ALI’s stake in MCT as of date of share issuance. As such, the current ownership stake of ALI
in MCT is 66.25%.
Subsequently, the Group remeasured its previously held interest in MCT based on its acquisition-date
fair value which resulted to a remeasurement loss of P1.79 billion.
The Group finalized the purchase price allocation of its acquisition of MCT through business
combination in December 2018. The final purchase price allocation resulted in gain from bargain
purchase of P1.85 billion.
The net gain of P60 million from the acquisition is presented under ‘Other income’ account in the
consolidated statements of income.

8 cents matched. continue buy & keep.

10 cents matched. waiting for 8 cents.

Continue buy & keep

Good if can buy at 8 cents ...hahahahaha

@ochai, must buy slowly & keep, share price may drop further..don't panic..

Queue to buy at 0.10 & keep...

2018 annual report, company corporate profile update" with market capitalisation of RM1.1 billion as at FPE 2018, today (2020, March) market capitalisation drop 85% to 0.16 billion.

Our successes include Lakefront@Cyberjaya, a high-density residential development in Cyberjaya
with a GDV of RM2.1 billion; and Cybersouth, our first township covering 417.0 acres in Dengkil. In
February 2018, we became a subsidiary of Ayala Land, Inc (“Ayala”) after a mandatory general offer (MGO) by Ayala’s wholly owned subsidiary Regent Wise Investments Limited (“RWIL”). MCT Berhad was listed on Bursa Malaysia in 2015, and records a market capitalisation of RM1.1 billion as at FPE 2018

2 main projects at cyblesouth (casa....) & cyblejaya (lakefront homes) with high take up rate >90%. Average review rate from buyer is 4 .5 stars / 5 stars

At this critical period, need to be more cautious to invest the company with STRONG fundamental background.

URUSHARTA JAMAAH SDN. BHD continue clear the 127,412,800 units in hand. If you are long term investor, can queue to buy at 0.10 - 0.12 cents. Buy & keep with target price >40 cents.
Invest RM 100k at price 0.10, sell >0.40 after 1-2 years, then your will get back RM 400k.
Invest RM 200k, get back RM 800K & so on...
Happy invest..

If you are not long term investor with target price >40 cents, pls don't buy MCT. You will loss money & jeopardize the share price due to force selling.

BUY & KEEP

buy & keep

Pls take note that all the projects launch with take up rate >90%

Invest RM 120k to buy 1 mil lots today. Keep for few years, when share price hit 1.00 & sell, then you will get RM 1mil back. Share price 1.00 still lower then Ayala 1st bought price at 1.28

continue buy & keep

buy & keep

LAND will not hit by COVID-19. LAND price is keep on increasing since SARS or economic crisis. Keep the share if you have holding power. Just assume that you are buying a house & keep for invest. Don't buy for short term.

@SA2023 , 25%


SA2023 How many % MCT must have public share?. 30%?

Public share spread after TH sold 0.16% = 24.59%+0.16% = 24.74%

buy & keep

https://www.bloomberg.com/quote/AC:PM

@victor Yong,
keep on promote MCT, how many shares you are holding now?

add more at 1.06

add 1.07

buy 1.08, hopefully can get some pocket money

Need to be more patient..might have chance to buy at 10 if foreigner continue to sell