AVALAND BERHAD

KLSE (MYR): AVALAND (5182)

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Last Price

0.31

Today's Change

+0.005 (1.64%)

Day's Change

0.30 - 0.31

Trading Volume

894,200


5 people like this.

3,159 comment(s). Last comment by Val-Elta 4 days ago

Good123

25,306 posts

Posted by Good123 > 2019-10-18 14:19 | Report Abuse

aiyoh dividend was 2.8sen in 2015 not 2sen haha

Good123

25,306 posts

Posted by Good123 > 2019-10-18 14:21 | Report Abuse

the highest dividend was in 2014 at 61sen per share

Good123

25,306 posts

Posted by Good123 > 2019-10-18 16:05 | Report Abuse

top 30 shareholders won't sell at cheap price now... limited shares in the open market... day by day, scarcity is worsening

Good123

25,306 posts

Posted by Good123 > 2019-10-18 16:07 | Report Abuse

yesterday 3.5mil shares traded. today 700k traded juga green

Good123

25,306 posts

Posted by Good123 > 2019-10-18 16:07 | Report Abuse

limited supply

Good123

25,306 posts

Posted by Good123 > 2019-10-18 16:08 | Report Abuse

a group is buying up continuously

Good123

25,306 posts

Posted by Good123 > 2019-10-18 16:52 | Report Abuse

closed at 23sen, rose 1/2sen , overall market was in the red :)

Good123

25,306 posts

Posted by Good123 > 2019-10-18 16:53 | Report Abuse

scarcity, only 800k shares traded compared to yesterday 3.5mil

Good123

25,306 posts

Posted by Good123 > 2019-10-18 16:54 | Report Abuse

3 days non-stop increase bravo

Good123

25,306 posts

Posted by Good123 > 2019-10-18 17:06 | Report Abuse

everyday, collecting cheap shares continuously and steadily. cool

Good123

25,306 posts

Posted by Good123 > 2019-10-19 08:29 | Report Abuse

Have a listen to this podcast

https://www.bfm.my/tps-mitul-lakhani-imoney-budget-2020-rent-to-own-and-rpgt

Good123

25,306 posts

Posted by Good123 > 2019-10-19 10:03 | Report Abuse

it will jump higher than last year soon.

MCT jumps 12.58% as 4Q earnings soar

Surin Murugiah

/

theedgemarkets.com


August 07, 2018 09:50 am 08



-A A

KUALA LUMPUR (Aug 7): Shares in MCT Bhd jumped 12.58% this morning after its net profit jumped 69.7% to RM30.71 million in the fourth financial quarter ended June 30, 2018 (4QFY18) from RM18.1 million a year ago, mainly due to a one-off gain on disposal of its subsidiary Ecity Hotel Sdn Bhd.

At 9.31am, MCT rose 9.5 sen to 85 sen with 42,300 shares done.

This resulted in a higher earnings per share of 2.11 sen for 4QFY18, from 1.36 sen for 4QFY17.

Quarterly revenue also rose 9.4% to RM184.63 million, from RM168.78 million in 4QFY17, mainly driven by Lakefront @ Cyberjaya, Skypark @ Cyberjaya and Cybersouth, which have varying stages of completion and take-up rates due to launch schedules.

For the full FY18, MCT said net profit rose 23% to RM78.33 million from RM63.66 million in FY17. Revenue, however, came in 23.6% lower at RM450.3 million compared with RM589.71 million in the previous year.

Ncm88

1,219 posts

Posted by Ncm88 > 2019-10-19 19:49 | Report Abuse

Looks like about to limit up soon

Good123

25,306 posts

Posted by Good123 > 2019-10-20 22:02 | Report Abuse

likely to move higher and higher whether privatisation or resolving public shareholding spread. if decided to resolve public shareholding spread issue, share price will rise further to a higher level, then declare share dividend to make shares available in the hand of retail investors or top 30 shareholders to sell to others.

Good123

25,306 posts

Posted by Good123 > 2019-10-21 09:00 | Report Abuse

MCT share price could be similar too :)

SINGAPORE (BLOOMBERG) - Ask Nico Purnomo Po about the world-beating stock rally that turned him into Indonesia's latest billionaire, and he'll tell you the market is rewarding his property company's ability to complete big projects in prime locations.
"There were concerns before about whether we could execute what we had promised to customers, but we've proven ourselves," Mr Po, 37, the chief operating officer and controlling shareholder of PT Pollux Properti Indonesia, said in an interview.
Other market observers aren't so sure. To them, Pollux Properti's more than 500 per cent gain since mid-July looks like the latest example of a thinly traded stock surging way ahead of fundamentals.
The rally, by far the biggest among more than 4,700 shares in the Bloomberg World Index, has lifted Pollux Properti's valuation to 34 times net assets, 10 times higher than the industry average in Indonesia. Daily trading in the stock over the period has averaged around US$70,000 (S$95,900), meaning it doesn't take much to boost the price.
"The shares have very little liquidity, so the price might not necessarily be a reflection of the company's fundamentals," said Mr John Teja, a director at PT Ciptadana Sekuritas in Jakarta.
Mr Christopher Andre Benas, a Jakarta-based analyst who covers the real estate sector at RHB Research Institute, puts it more bluntly: "The valuation doesn't make sense."

Good123

25,306 posts

Posted by Good123 > 2019-10-21 09:13 | Report Abuse

only 7mil shares in the hand of non top 30 shareholders. the past few trading days, absorbed a lot of shares, scarcity as time passes :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-21 09:30 | Report Abuse

past 3 trading days, already 5mil shares + traded/// not many shares left in the hand of non-top 30 shareholders indeed :)

Recent Prices
Date Open Range Close Change Volume
18/10/2019 0.225 0.225 - 0.23 0.23 +0.005 (2.22%) 858,700
17/10/2019 0.215 0.215 - 0.24 0.225 +0.01 (4.65%) 3,512,900
16/10/2019 0.205 0.205 - 0.215 0.215 +0.01 (4.88%) 1,137,300

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-21 09:31 | Report Abuse

agreed, scarcity would drive the share price up fast like PT Pollux Properti Indonesia :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-21 09:33 | Report Abuse

at 23sen, 1mil shares = RM230,000 only... if 2mil+ shares left or not sold yet in the hand of non-top shareholders, total amount in RM~RM500,000 :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-21 09:34 | Report Abuse

what is RM500,000 to Ayala land? :)

Good123

25,306 posts

Posted by Good123 > 2019-10-21 09:52 | Report Abuse

the past 3 trading days, rising nonstop, this week, even stronger rally in price? hold your breath

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-21 14:23 | Report Abuse

sooner or later :)

HCMC housing prices rise on shortage of new supply
Asia News Network | Publication date 16 October 2019 | 22:57 ICT

Share
Content image - Phnom Penh Post
Ho Chi Minh City suffers from a housing shortage caused by a rapidly rising population and a lack of new projects. VAN CHAU/VIET NAM NEWS
Housing prices continue to rise rapidly in Ho Chi Minh City, Vietnam because of a shortage of new supply, increasing population and a lack of transport infrastructure in outlying areas.

It has become very difficult to find apartments for less than two billion dong ($85,500) in the city.

Prices are up five to 10 per cent compared to just six months ago.

At one apartment project in District 1, an 85sqm unit with two bedrooms costs 21 billion dong. Apartments measuring 140-180sqm sell at 47.7-50 billion dong.

A bit further from the city centre, in Thu Duc district, near the Hanoi Highway, apartments in the Tan Hai Minh project was selling at 35-40 million dong last year, but now cost 50-60 million dong per square metre.

Ho Chi Minh City Real Estate Association (HoREA) chairman Le Hoang Chau said housing prices continue to increase because of a lack of new projects and demand far outstripping supply.

Administrative procedures take too much time while transportation between the central and suburban areas is not good, meaning people do not want to stay outside the main areas, he said.

With the government likely to take time to simplify the administrative procedures, developers could now price their projects at whatever level they want, he added.

The rapidly rising population is also a reason for the soaring housing prices.

HoREA pointed out the city’s population increases by one million every five years. The Department of Construction has said 476,000 families lack housing while 21,000 others living along canals and 35,000 living in dilapidated apartments need to relocate.

To resolve the shortage, HoREA has called on authorities to build more housing at reasonable prices for low-income people and simplify administrative procedures for social housing projects, Chau said.

Le Thanh Real Estate Company director Le Huu Nghia said his company submitted a proposal for a social housing project in Binh Chanh district in March, but has not heard back from the Department of Planning and Investment though the project area is earmarked for social housing.

“We recommend that the government speed up and simplify administrative procedures and draft new policies to encourage investment in social housing.”

Viet An Real Estate Company director-general Tran Khanh Quang said the government should also create support policies for first-time buyers of housing. This would also preclude the purchase of social housing as an investment, he added.

Chau said HoREA has called for upgrading traffic infrastructure to link the five suburban districts of Cu Chi, Can Gio, Binh Chanh, Hoc Mon, and Nha Be with the city’s central areas so that they become more attractive as residential areas.

VIET NAM NEWS/ASIA NEWS NETWORK

actura

93 posts

Posted by actura > 2019-10-21 22:02 | Report Abuse

will it come back to 20c???

Good123

25,306 posts

Posted by Good123 > 2019-10-22 09:42 | Report Abuse

uptrend , scarcity

Good123

25,306 posts

Posted by Good123 > 2019-10-22 09:42 | Report Abuse

apland might privatise it for resolving public shareholding spread

Good123

25,306 posts

Posted by Good123 > 2019-10-22 09:43 | Report Abuse

at current price level, easier to privatise it compared to last year

Good123

25,306 posts

Posted by Good123 > 2019-10-22 09:43 | Report Abuse

so, privatisation is real for Ayala

Good123

25,306 posts

Posted by Good123 > 2019-10-22 09:45 | Report Abuse

those ikan bilis with 1-2sen gain will exit then sudden surge, not many shares available

Good123

25,306 posts

Posted by Good123 > 2019-10-22 09:45 | Report Abuse

easy to fly, last year MCT can rise by 8-9sen in a single day. imagine

Good123

25,306 posts

Posted by Good123 > 2019-10-22 10:21 | Report Abuse

less than 25% not in ayala's hand ... quite easy to privatize at this moment, cheap valuation too

Good123

25,306 posts

Posted by Good123 > 2019-10-22 10:23 | Report Abuse

I think many minority shareholders will say yes to privatization if reasonable offer price is given

Good123

25,306 posts

Posted by Good123 > 2019-10-22 10:24 | Report Abuse

tan sri goh still holds more 5%, with this stake, ayala will hold more than 80%

Good123

25,306 posts

Posted by Good123 > 2019-10-22 10:41 | Report Abuse

believe goh will let go his remaining stake to Ayala

According to MCT's 2018 annual report, Goh was appointed to the board as non-independent executive deputy chairman on April 1, 2015, before being redesignated as non-independent non-executive director on Nov 30, 2016.

His direct stake in the company has been pared down from 10.46% as at April 4 last year to 5.86% as at April 4 this year.

MCT shares slipped 0.5 sen or 1.09% today to close at 45.5 sen, giving it a market capitalisation of RM662.93 million. The stock has fallen 48% from a year ago.

Good123

25,306 posts

Posted by Good123 > 2019-10-22 14:41 | Report Abuse

flying higher pretty soon.. just be patient

actura

93 posts

Posted by actura > 2019-10-22 15:08 | Report Abuse

soon back to 20. to buy........

Good123

25,306 posts

Posted by Good123 > 2019-10-23 08:26 | Report Abuse

next Month, if decided to delay privatisation, probably cash or share dividend with improved results, share price will fly

Moneymaker

150 posts

Posted by Moneymaker > 2019-10-23 11:18 | Report Abuse

fly fly fly

Ken

678 posts

Posted by Ken > 2019-10-23 17:19 | Report Abuse

My guess is Ayala's boss quarrel with Tan Sri Goh,that's why he purposely press down the share

Good123

25,306 posts

Posted by Good123 > 2019-10-24 11:20 | Report Abuse

be patient... sudden big surge coming

Good123

25,306 posts

Posted by Good123 > 2019-10-24 11:20 | Report Abuse

results Q3 next month ok... double happiness

Good123

25,306 posts

Posted by Good123 > 2019-10-24 11:58 | Report Abuse

Ayala can also mct for project in Singapore, Thailand,

Posted by AllanTingAS > 2019-10-24 12:13 | Report Abuse

Yes, slowly collecting on ~0.21

Good123

25,306 posts

Posted by Good123 > 2019-10-24 14:31 | Report Abuse

Ayala already treats mct as its fully owned subsidiary, advanced about rm200mil to MCT as per the account s @30.6.19

Good123

25,306 posts

Posted by Good123 > 2019-10-24 14:31 | Report Abuse

Ayala already owns 75% , :)

Good123

25,306 posts

Posted by Good123 > 2019-10-24 14:33 | Report Abuse

ayala land , about 10 times bigger than simeprop got pride and reputation, won't make a failure here that could tarnish its image

Good123

25,306 posts

Posted by Good123 > 2019-10-24 14:34 | Report Abuse

I rather trust Ayala than local GLCs... takda creativity, only got govt support, susah grow

Posted by AllanTingAS > 2019-10-24 22:32 | Report Abuse

Looking forward on privatation for next year.

Good123

25,306 posts

Posted by Good123 > 2019-10-25 09:30 | Report Abuse

expecting big jump after Q3 results next month. if no privatisation, probably dividend payout will be restarted

Good123

25,306 posts

Posted by Good123 > 2019-10-25 09:30 | Report Abuse

grab some, seriously undervalued :)

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