The management just not interested to create values for Shareholders...

Good...at least can buy more at lower price...

So who will take over the vacancy left by them???

Tan Sri Mustapha resigned fm Mkland...

Hair Raya ucapan message also talak!

Maybe Symlife will also be chosen for the Bandar Malaysia project!!!

The sale of the Tmn Midah cheras land will result in a net gain of 7 million net gain equivalent to EPS of 2 Sen per share...So we can expect 2018 financial result to be a record year with EPS of more than 20 Sen per share...target price is upgraded to 1.68-1.80...

NOW I really challenge those who are willing to dispose at 0.27...U dare to dispose at 0.270, I will collect with a smiling face...Bring it on!

0.275 is already lowest...Now we just have to wait for Tan Sri Mustapha Hari Raya open hse Speech a little hint of Mkland prospect moving forward....

Well said billionaire88...I m with you...

Sometimes panic selling is good cos without the foolishness of others, we surely won't be able to grab cheap n clearance sale at 80% off...

Now the stock is trading at 10 times its RNAV of 2.80...It also means tat it is selling to you at 90% discount...which also means tat you just use only 10 cent to acquire assets tat is worth 1.00...tis is crazy n unacceptable which also point to the foolishness of those who panic sold at 0.275-0.28...

I believe tis report will lift investors confidence on tis stock again....

Haha...tis report is just like copy n paste fm previous analysis report...dunno who is the joker who wrote tis funny story about Mkland...he MUST have bought much of MK shares, now wanna spike our interest on tis Share so tat he can unload his shares to us at higher price...

No worries they will sell more land....

Are you sure or is it just plain rumours...

Sungai Long is the much awaited main catalyst tat will surely propels Symlife above 2.00...hopefully they will launch it next year targeting the affordable housing segment...

1.60 is my target price by year end....EPS of 20-28 Sen per share for financial yr 2018 with 6 Sen dividend...Most of the 1 billion unbilled sales will be registered as profit in financial yr 2018...So buy it before it is gone up...

Seems like going down soon Ivan....

It is rising up for the coming 1st result which is going to be the largest net profit....I m seeing a total EPS of at least 20 Sen per share for financial yr 2018...

Managed to buy more shares last week...thank god!

If they drag too long, the IRB will impose heavy additional penalty fine on its outstanding amt...just sell all their land is the best option...

Now the biggest concern is the 80 mil tax penalty how Mkland gonna deal with it....Sell more land to pay the tax penalty OR challenge it?

But u have forgotten tat the 75 mil total cash equivalent don just sit there...It is put under short term investment to earn interest tat will be used to offset the 33 mil total borrowing's interest...So on the end they still gain...Tat is the beauty of NET CASH!

Mkland is really staging a rebound...

It won't as they will press down the price again for certain parties especially LTH to accumulate at cheap price...It should hover around 1.20-1.25 for the medium term...

Ivan is Glomac really good?

Maybe the 80 tax penalty imposed on Mkland is a good news to us...At least it will force them to dispose more land to convert into cash...

Coming or Kambing?

Even the 80 mil tax penalty is nothing to mkland compare to the assets they own tat is worth few billions...they just need to dispose more land to offset it...just give them some time as selling land at good price needs longer time....

Hi Billionaire88...mind to share WHY mkland has to pay interest for its landbank? As far as I know, MK is in Net cash position with zero borrowings...Net cash of around 40 mil...So they don have to pay any interest for their landbank even during property slowdown...All their landbank was acquired at very low price dealing with govt under land privatization last time during the mahathir era...So Mkland has nothing to worry if the property recession lasting for years to come as they have no debts to pay...At any time they need extra cash flow they just sell small plot of land in Damansara tat could bring in few hundreds million cash flow...I admit Mkland is not so profitable but they are very rich in asset n landbank...BUT sad to say in malaysia the majority of investors emphasized too much on earnings of a company till they are reluctant to see the underlying hidden undervalued assets behind a company...Earnings can change suddenly BUT assets will remain constant n UP as time goes by...It is the ignorance investors tat failed to see values behind the underlying assets...Tat explained why those companies with weak earnings BUT high in assets value remain stagnant n ignored...It is the investors mentality tat is to be blamed....

End of tis yr maybe...

Now I just hope for Mkland to be taken private so tat we can exit at better price...0.50 offer price should be fine with me...

It is too late to dispose now since it is already fallen....

So I still not understand WHY if the management think tat the share is undervalued, why till now they didn't exercise share buyback of its own shares even though there have cash to do tat...Have u ever ask WHY?

No matter how undervalued it is, as long as majority of investors have a negative perception on mkland, the share price will forever dampened...So far NO institutional investors have interest to acquire tis stock, even the management itself not willing to buy back its own shares even though the share price is depressed...So management not interested to boost its share price at all...

Agree

All of you really don understand why the share price not moving up even though the fin result is very good...It is bcos Lembaga Tabung Haji intentionally press it down unmovable at 1.20 for them to acquire at cheap n low price...Share price will remain at range of 1.20 so as long as LTH is still accumulating...I guess LTH will buy up to 10% of stake in KSL...Price won't move in the medium term as LTH is controlling n pressing down the price so that they can buy at low n cheap price...

The market has undervalued mkland for a long time...

Down Down Down

0.50 is next 5 yrs, NOT next mth...

Pls don be so naive...

I m waiting at 0.90 too...

Hi Golden...R u out of ur mind? U still dare to buy Mkland after years of disappointment...U are walking on landmine as its coming profits will be affected terribly...

They won't pay the tax penalty trust me...

0.90 is good entry price

Even 0.50 also too low...1.00 is fair price...

All the shareholders here are deeply disappointed...Pls take Mkland Private to end our frustration n just delist tis company out of Bursa...

Now I m hopeful tat Mustapha Kamal will take Mkland private after long decade of undervaluation of its share price...a great example of a value trap company...taking Mkland private is the best option both for the owner n shareholders to end the underperformance of its share price...I believe it is a matter of time only...

3 Sen...Tat is very disappointing...