KLSE (MYR): MCT (5182)

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Last Price


Today's Change

0.00 (0.00%)

Day's Change

0.115 - 0.12

Trading Volume


3 people like this.

2,862 comment(s). Last comment by daneilchoong 3 days ago


175 posts

Posted by megat36 > 2021-05-02 17:08 | Report Abuse

my target is 0.41..measured move for cnh pattern..

Posted by Masterbadman > 2021-05-04 09:35 | Report Abuse

0.23 really coming. So power this online guru always so accurate


5 posts

Posted by Sky8020 > 2021-05-04 23:24 | Report Abuse

base on graph.. tmr will got movement


2,415 posts

Posted by UnicornP > 2021-05-11 09:17 | Report Abuse

Just compare Spsetia chart with MCT's you will know the value of MCT.

Posted by Masterbadman > 2021-05-11 09:24 | Report Abuse

0.2 coming hahaha good company is real


66 posts

Posted by ztzeal > 2021-05-27 09:14 | Report Abuse



204 posts

Posted by SpikeNow > 2021-05-27 09:25 | Report Abuse

there is volume today .. vroom vroom ... property theme today ? i wallap and see

Posted by andreawong > 2021-05-28 09:38 | Report Abuse

@Masterbadman who is the online guru? Any news to up 0.27 soon?


8 posts

Posted by Atok__ > 2021-06-01 19:25 | Report Abuse

hope rebound tomorrow


3,331 posts

Posted by nemesis > 2021-06-08 16:32 | Report Abuse

This coming Covid case should give clear direction of MCT future share price...if brought under control, then it is great uptrend for MCT above 0.30

Posted by vincent cym > 2021-06-08 21:57 | Report Abuse

great result, LU!


58 posts

Posted by cspsuarez > 2021-06-08 22:54 | Report Abuse

Eps 0.7.. come on go go go


3,331 posts

Posted by nemesis > 2021-06-08 23:42 | Report Abuse

Tomolo another upside


798 posts

Posted by SK1200 > 2021-06-10 13:35 | Report Abuse

Buy and keep.1st TP 0.30..go go go


204 posts

Posted by SpikeNow > 2021-06-11 12:05 | Report Abuse

i sell some .. nice run ..


204 posts

Posted by SpikeNow > 2021-06-14 08:56 | Report Abuse

nice nice nice .. haha now exciting .. 2nd tranche out morning ..

Posted by Freshbreakout > 2021-06-24 10:56 | Report Abuse

Ok dah correction. Jom masuk balik! TP jauh lg ma...


7 posts

Posted by atee38 > 2021-06-29 05:55 | Report Abuse

freshbreakout mcm kita boleh tahu dah settle correction..tq


50 posts

Posted by cheah99 > 2021-07-22 11:26 | Report Abuse

almost all property counter already move but this 1 not move at all


3,331 posts

Posted by nemesis > 2021-08-17 10:19 | Report Abuse

Aetas Damansara up to 55% taken up which is launched last Nov...if up to 70% sold by year end, then MCT will rake in decent profit from it...Overall MCT will post commendable fin result for 2021 and 2022


79 posts

Posted by ZackMaz > 2021-08-18 11:54 | Report Abuse

very undervalued company, every qr showing good profit, what else we want..? maybe mid of next year, this counter can reach back to 0.4


181 posts

Posted by lucky8 > 2021-08-22 17:17 | Report Abuse

0.2 a good support so far, can it below that? I will wanna collect some


5,029 posts

Posted by davidkkw79 > 2021-08-26 20:27 | Report Abuse

wow....QR losses still can up ah ?!


197 posts

Posted by George99 > 2021-08-31 22:25 | Report Abuse

Up....up..... up.......

Posted by Silly_money > 2021-09-15 10:44 | Report Abuse

There are alot of issues of their building. there are many on going court case going on with mct

Posted by mrsyed7007 > 2021-10-12 21:03 | Report Abuse

slow.....hmm.... hold


1,074 posts

Posted by awesome20 > 2021-10-13 18:48 | Report Abuse

check when was last cycle
if more than 3@6 month ago then it is good

Posted by Mirage2000E > 2021-10-17 16:45 | Report Abuse

Silly money... What court cases with MCT ??? I only heard of bad building construction by home buyers...????

Posted by risktoreward > 2021-11-15 13:02 | Report Abuse

Enter @ .21 today

Posted by Flying69King > 2022-01-27 23:42 | Report Abuse

Buy now 17sen very cheap. A lot of people stuck at kondo price. 2022 property sector gonna rebound. Last year pkp pkp pkp
Smpai abah din cirit mmposs


125 posts

Posted by me073194 > 2022-02-04 12:03 | Report Abuse

Limit up today

Posted by Flying69King > 2022-02-04 23:57 | Report Abuse

Monday got show?


197 posts

Posted by George99 > 2022-02-20 15:28 | Report Abuse

Monday.... limit up?


11 posts

Posted by nelsonlim > 2022-03-26 17:21 | Report Abuse

slowly slowly prop will benefit after singapore and malaysia border reopening


1,074 posts

Posted by awesome20 > 2022-04-05 19:43 | Report Abuse

what chart says about this?


171 posts

Posted by ahgorgor > 2022-04-24 12:33 | Report Abuse

17 sen support. Undervalue

Posted by wbuffet2 > 2 months ago | Report Abuse

Let's forget above the glove company....the oil & gas company....the oil palm companies......With my years of investment experiences.....this is definitely one of the very few gems available in Bursa. Will add to my investment portfolio.

Posted by snowball2000 > 2 months ago | Report Abuse

The company is really strange. Major shareholder pumped in a lot of money but not much activity. Interest charged is high compared to the level of activity. Newbie here, can someone please enlighten?


631 posts

Posted by Val-Elta > 2 months ago | Report Abuse

Hi snowball, to be honest, you'll be looking at a good result for MCT in the 4th quarter results, this next 6 months, the results will be so so only.

Please verify on your own, what is said.

To answer you, interest cost, this is due to the loan MCT took from Ayala in 2018/2019 like that, around 120m++ USD, interest rate around 6%, that's why every year need to pay ~32million in interest.

Why so much loan (500+m MYR) vs low level of sales, I believe they used the money to rush out the completion of projects back then, after those projects were completed around 2020 (When MCT recorded one of their higher profits) of course Covid comes, and it effected their new launches, imagine if without covid, Aetas and Alira were launched 1 year earlier, and at this time, the revenue from these two projects (or more projects) would be just nice to cover the interest and generated profits.

Worst of all, after the intercompany loan is approved, goverment implemented taxation on intercompany loans, whereby, interest paid to controlling shareholders is not tax deductible expense. Again, got hit not only by interest, you'll also got hit by taxation as well. MCT's tax rate is insanely high... 30 to 40% ish? I didn't really verify the exact percentages for you...

That's the bad news, but having said all of that, this is where the better news is coming in.

If you check 2020 Annual Report, their unbilled sales is ~RM 320m
If you check the 2021 Annual Report, (EVEN AFTER BILLING minus RM 320m sales), they still have UNBILLED SALES of RM 510m!

Basically, in the year 2021, with covid, with lockdown, MCT sold RM 510m of new homes! Impressive numbers...

This RM 510m sales is from Aetas, Alira, Casa Bayu, which for aetas and alira, is only in the unbillable constructions stage unfortunately. Aetas will hit their residential unit construction in the 3rd quarter, while Alira probably will bill the first 10% in December (assuming foundation works takes a year)

Back to your interest topic, the MYR 500m + loan this figure have moved from Long Term Liability to Short Term Liability in Dec 2021 QR, which means, yes, this pain in the ass Loan/Interest/Tax payment will be replaced with local banking borrowings, that is more realistic with the current activity level, and at a lower interest rate amount as well.

Yes, like that loh, if you're entering now, it's really a good good point to enter, Net Asset 50+ cents, but, please, do prepare to hold up to minimum 6, ideally 9 months for this investment to turn around :(

I wouldn't want you to buy and cut loss in the next 1 to 3 months.
Myself also in the boat, and plan to see it through til year end.


631 posts

Posted by Val-Elta > 2 months ago | Report Abuse

Oh ya, forgot to mention, in 2021, MCT loss about MYR 22 million to their construction subsidiary, (Remember, MCT used to have their own in house construction team) to build their projects before 2020.

Again, this is where the good news comes in, MCT have since fully sub contract construction works out, so, YoY, it's not likely to incur the -22m loss from their construction department.

So, that's the frank story of MCT, good entry if you have the patience, or if you can accumulate on a monthly basis until their year end.

But again, will subject to near term risks for the next 6 to 9 months :(

Posted by snowball2000 > 1 month ago | Report Abuse

TQ Val-Elta for the detailed and good analysis..


631 posts

Posted by Val-Elta > 1 month ago | Report Abuse

Some update, profit for upcoming quarter maybe very good... Depending on VP payment and progress billing if can bill in 2nd or 3rd quarter ...

If you're reading this and you're shareholder already, the price now is at 2020 March low, during MCO 1.0 announcement.. are things really as bad as that period? No right, I hope existing shareholders don't sell at this bottom.

If you're reading this to buy, again can use same assessment, are we really at the most fearful period in mco 1 announcement back in March 2020? It is really heavily oversold...

MCT unbilled sales have increased up to 520m as officially announced in last AR.

It's possible that unbilled sales could reach up to 600m already now, with Alira sales around 80% already, Aetas is 70% sold while Casabayu is 65% sold.

Amongst property developers MCT actually have around 4million of completed and unsold properties! At 500k per house, that means 8 units of unsold home only ....

There is a lot of good value for buyers, while for existing shareholders, do try to hold until the upcoming q result if possible, just 1 and half month more to go only.


1,665 posts

Posted by koyokui > 4 weeks ago | Report Abuse

Buy mct volume up

Posted by daneilchoong > 3 weeks ago | Report Abuse

yup time to move mct today


1,665 posts

Posted by koyokui > 1 week ago | Report Abuse

Somebody need to push up

Posted by daneilchoong > 3 days ago | Report Abuse

mct target 14sen

Posted by daneilchoong > 3 days ago | Report Abuse

buy today all up

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