Posted by bigcat > 2014-08-28 14:21 | Report Abuse

Just spotted this last week. From Kenanga report, I am sure it's a good buy now. I am queue for 0.50 now.
(i) MK Land’s healthy earnings growth (4-year CAGR of 22% from 2009-2013), (ii) decent dividend yield of 4.1%,
(iii) strong balance sheet (net cash position),
(iv) its more than 220 acres of lands is located in matured area in Klang Valley, MK LAND is still trading at a huge 63% discount to its RNAV of RM1.28, compared to the current average of 40% for other property players under coverage.