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 > 2019-11-08 09:12 | Report Abuse

no more cheap valuation soon

Good123

25,306 posts

Posted by Good123 > 2019-11-08 09:14 | Report Abuse

once goh or ayala starts buying, no chance to buy at current price

Good123

25,306 posts

Posted by Good123 > 2019-11-08 09:15 | Report Abuse

better late than never

Good123

25,306 posts

Posted by Good123 > 2019-11-08 10:21 | Report Abuse

goh can buyback now and sell to Ayala at 88sen later

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 > 2019-11-08 10:23 | Report Abuse

new CEO in 2019, a Malaysian to bring MCT to another level too. KUALA LUPUR: Property developer MCT Bhd announced yesterday that Teh Heng Chong will be its new chief executive officer (CEO) and executive director, effective March 4.

The announcement came after the group announced a slew of boardroom changes on Jan 23, including the resignation of its then CEO, Jose Juan Z Jugo, and chief financial officer Maria Rochelle S Diaz, which took immediate effect.

In November last year, MCT was thrust into the limelight when riots broke out at the Seafield Sri Maha Mariamman Temple in Subang Jaya, over the temple’s relocation from its current site at USJ 25. The land on which the temple is situated belongs to MCT’s wholly-owned subsidiary, One City Development Sdn Bhd.

MCT is 66.25%-controlled by Ayala Land Inc, the property arm of Ayala Corporation of the Philippines.

Good123

25,306 posts

Posted by Good123 > 2019-11-08 10:42 | Report Abuse

low interest rate good for property stocks too. We initiate coverage of the real estate investment trust (REIT) sector with a “neutral” recommendation. We believe that while the counters are supported by defensive earnings quality with an attractive average distribution per unit of 4.9%, the yield spread of 150 basis points (bps) against the 10-year Malaysian Government Securities’ (MGS) yield of 3.4% is among (if not) the lowest yield spread vis-à-vis other major REIT markets around the world. In light of a dovish-sounding US Federal Reserve, we believe that Bank Negara Malaysia (BNM) could be on the same path of maintaining low interest rates, which should be good for REITs. However, the price run of some counters by as much as 20% year to date suggests that risk-reward is not attractive for now. We like prime shopping mall owners given their sustainable earnings but believe that most positives have been priced in. We initiate coverage of IGB REIT, Axis REIT and Sunway REIT with “neutral” recommendations.
For the near term, we expect the demand-supply dynamics of commercial and retail space in Malaysia to continue to be lacklustre given oversupply concerns. That said, we believe selected REITS’ rental earnings should remain resilient given their long-term leases and well-established matured assets. Integrated prime retail mall owners like IGB REIT, Sunway REIT and Pavilion REIT should continue to enjoy high occupancy despite the onslaught of incoming new retail malls.
Commercial space, both retail and office, faces oversupply issues in the near term. According to the Valuation and Property Services Department, the average rate of unoccupied office space in the region stood at 23.5% in the first quarter of 2019 (1Q19), compared with 22.6% in 1Q18. We understand that there will be more than 21.53 million sq ft of office space in the pipeline. Upon completion, it will inject another 12% to the current existing space. Similarly, retail supply in the Klang Valley is expected to rise to 69.1 million sq ft in 2019, according to Savills Research, following the completion of 4.8 million sq ft of lettable retail space this year. The incoming retail space is expected to grow by 13.5% to 78.4 million sq ft in 2022 if all 18 projects presently under construction are completed on time, which could worsen the glut.
The financial year 2019 average gross yield of Malaysian REITs is at 4.9% against the 10-year MGS’ yield of 3.4%, providing a yield spread of 150bps. In comparison, Japan’s yield spread is 400bps, while Singapore’s is 370bps. — PublicInvest Research, Nov 7

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-11-08 14:46 | Report Abuse

Direct business transaction at 34sen for 1.5million shares on 6 nov 2019, agreed to grab some ... coming soon

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
06/11/2019 00:00:00 0.3400 0.1400 1.500m 1.500m 510,000 510,000 0.3400 0.1030 -

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-11-08 14:48 | Report Abuse

at such fire sale price now, value buy for MCT now :)

History (Direct Business Transactions in 2018 & 2019)
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
06/11/2019 00:00:00 0.3400 0.1400 1.500m 1.500m 510,000 510,000 0.3400 0.1030 -
03/10/2019 00:00:00 0.2200 0.0200 320,210 320,210 70,446 70,446 0.2200 0.0220 -
19/09/2019 00:00:00 0.2200 -0.0050 7,810 62,480 1,718 13,745 0.2200 0.0005 -
19/09/2019 00:00:00 0.2200 -0.0050 15,620 62,480 3,436 13,745 0.2200 0.0011 -
19/09/2019 00:00:00 0.2200 -0.0050 39,050 62,480 8,591 13,745 0.2200 0.0027 -
13/06/2019 00:00:00 0.3300 -0.0050 4.800m 4.800m 1.584m 1.584m 0.3300 0.3294 -
10/06/2019 00:00:00 0.3250 -0.0100 6.840m 6.840m 2.223m 2.223m 0.3250 0.4694 -
03/06/2019 00:00:00 0.3300 -0.0300 7.000m 7.000m 2.310m 2.310m 0.3300 0.4804 -
25/01/2019 00:00:00 0.6600 0.0450 11.667m 11.667m 7.700m 7.700m 0.6600 0.8007 -
02/04/2018 00:00:00 0.8800 - 7.125m 19.018m 6.270m 16.736m 0.8800 0.4890 -
02/04/2018 00:00:00 0.8800 - 11.893m 19.018m 10.466m 16.736m 0.8800 0.8163 -
28/03/2018 00:00:00 0.8800 0.0100 7.125m 17.125m 6.270m 15.070m 0.8800 0.4890 -
28/03/2018 00:00:00 0.8800 0.0100 10.000m 17.125m 8.800m 15.070m 0.8800 0.6863 -
14/03/2018 00:00:00 0.8800 -0.0100 4.500m 4.500m 3.960m 3.960m 0.8800 0.3371 -
08/01/2018 00:00:00 0.8800 0.0350 230.116m 230.116m 202.502m 202.502m 0.8800 17.2400 -

Good123

25,306 posts

Posted by Good123 > 2019-11-08 14:55 | Report Abuse

at such low price, 1 year later, at least 50% ROI, buy n hold :)

Good123

25,306 posts

Posted by Good123 > 2019-11-08 14:58 | Report Abuse

for quarterly performance, since quarterly results ended 30 June 2015, MCT tak pernah rugi, untung quarterly and yearly.

Good123

25,306 posts

Posted by Good123 > 2019-11-08 15:00 | Report Abuse

dividend only stopped after 2015 with ayala started buying the stocks, ayala wanted to privatise it, no point paying dividends, MGO at 88sen last year gagal.

Good123

25,306 posts

Posted by Good123 > 2019-11-08 15:03 | Report Abuse

a dividend stock b4 Ayala started acquiring the shares. if MCT not privatised with new MGO, dividend should be declared. close to rm500mil retained earnings @30.6.19. MCT can pay dividends n buyback shares anytime

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-11-08 15:09 | Report Abuse

also, daily volume traded has increased a lot :)

07/11/2019 0.20 0.195 - 0.205 0.20 0.00 (0.00%) 2,600,400
06/11/2019 0.205 0.20 - 0.205 0.20 0.00 (0.00%) 2,193,400
05/11/2019 0.205 0.20 - 0.215 0.20 0.00 (0.00%) 5,800,900
04/11/2019 0.20 0.20 - 0.205 0.20 0.00 (0.00%) 924,100
01/11/2019 0.20 0.195 - 0.205 0.20 0.00 (0.00%) 1,198,700
31/10/2019 0.205 0.20 - 0.205 0.20 0.00 (0.00%) 2,075,700
30/10/2019 0.20 0.20 - 0.21 0.20 -0.005 (2.44%) 1,161,100
29/10/2019 0.20 0.20 - 0.215 0.205 +0.01 (5.13%) 1,312,800
25/10/2019 0.205 0.195 - 0.21 0.195 -0.01 (4.88%) 1,996,800
24/10/2019 0.205 0.205 - 0.21 0.205 -0.005 (2.38%) 478,000
23/10/2019 0.215 0.205 - 0.215 0.21 -0.005 (2.33%) 1,256,000
22/10/2019 0.215 0.215 - 0.23 0.215 -0.005 (2.27%) 1,597,500
21/10/2019 0.23 0.22 - 0.23 0.22 -0.01 (4.35%) 422,500
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
15/10/2019 0.21 0.205 - 0.21 0.205 0.00 (0.00%) 109,200
14/10/2019 0.21 0.205 - 0.215 0.205 -0.005 (2.38%) 224,700
11/10/2019 0.215 0.21 - 0.22 0.21 -0.005 (2.33%) 512,000

Good123

25,306 posts

Posted by Good123 > 2019-11-08 15:26 | Report Abuse

advantage of mct , a rich parent company. ayala advanced rm200mil to mct as per the accounts @30.6.19. tak buat cara orang lain.KUALA LUMPUR (Nov 8): Chin Hin Group Bhd's subsidiaries are selling RM76.45 million worth of real estate assets to major shareholders to raise cash which will be used to repay bank loans and finance the building material distributor's working capital needs.
In a statement with Bursa Malaysia today, Chin Hin said its subsidiaries are selling real estate assets to companies owned by Chin Hin major shareholders Datuk Seri Chiau Beng Teik, Chiau Haw Choon and Datin Seri Wong Mee Leng.
Wong is Beng Teik's spouse and Haw Choon's mother, according to Chin Hin.
"The proposals provide an avenue for the group to unlock the value of its property assets at their market value; and raise cash proceeds which can be channelled towards the group’s business operations. The proposals will also reduce the administrative time and effort required to monitor the properties and will enable the group to focus its resources on its core businesses.
"The proposals will enable the group to part repay its bank borrowings, which will reduce the group’s gearing level and improve the group’s financial position with the enhancement of its current ratio; and improve the group’s cash flow due to the lower interest expense. In view of the capital requirements of the group’s operations and financial obligations, the group recognises the need to pursue an asset light strategy and to monetise its non-core assets to raise additional funds to enhance the group’s financial position," Chin Hin said.
 
Chin Hin said its wholly-owned subsidiary Metex Steel Sdn Bhd is selling its 100% stake in Ace Logistic Sdn Bhd to PP Chin Hin Realty Sdn Bhd for RM20.8 million.
Ace Logistic owns two semi-detached factories in Nilai, Negeri Sembilan and two single-storey terrace houses at Taman Wira Mas in Kepala Batas, Kedah, according to Chin Hin.
Chin Hin said another wholly-owned subsidiary PP Chin Hin Sdn Bhd is selling shop offices and factories to Midas Signature Sdn Bhd for RM55.65 million.
Chin Hin said the shop offices include properties located along Jalan Kuchai Lama here and at Kedah's Taman Bandar Baru Mergong in Alor Setar. Chin Hin said the factories comprise properties in Shah Alam, Selangor and Taman Bandar Baru Mergong.
According to Chin Hin, Metex had today entered into the conditional share sale agreement with PP Chin Hin Realty for the Ace Logistic disposal, while PP Chin Hin signed 35 conditional sale and purchase agreements (SPA) with Midas for the disposal of the shop offices and factories.
 
"In conjunction with the proposed disposal of properties (shop offices and factories), PP Chin Hin will enter into 14 tenancy agreements with Midas for the proposed tenancies of five units of shop offices at Kuala Lumpur, seven units of shop offices at Alor Setar, Kedah and 89 units of car parks at Kuala Lumpur. The tenancies will commence on the day, immediately after the completion of the respective properties SPA.
"The proposed tenancy provides the group with certainty that its ongoing business operations will not be disrupted. The proposed tenancy provides for the group to renew the tenancies at the group’s option, which allows the group to continue operating its headquarters at Jalan Kuchai Lama, Kuala Lumpur and its branch offices and warehouse in Alor Setar.
"As for the Nilai factory, the tenancy will only expire in December 2020, with automatic renewal up till December 2023, and the option to renew for further five years, ensuring the group’s wire mesh manufacturing business will not be disrupted," Chin Hin said.
Midas is a wholly-owned subsidiary of Aera Property Group Sdn Bhd, which is is wholly-owned by PP Chin Hin Realty, according to Chin Hin.
Beng Teik and Haw Choon, who are directors and major shareholders of Chin Hin, are also directors and major shareholders of PP Chin Hin Realty, Aera Property and Midas.
"Wong is the spouse of Beng Teik and mother of Haw Choon and she also has substantial indirect shareholdings in Chin Hin, PP Chin Hin Realty, Aera Property and Midas," Chin Hin said.

Good123

25,306 posts

Posted by Good123 > 2019-11-08 15:28 | Report Abuse

ayala owns 75% of mct but treat mct aes wholly owned subsidiary. rm200mil advanced to mct tak isu.

Good123

25,306 posts

Posted by Good123 > 2019-11-08 15:29 | Report Abuse

ayala just waiting for the right timing to privatise mct with new MGO :)

Posted by nickthebest > 2019-11-09 18:09 | Report Abuse

Please don't tipu yourself lol

Good123

25,306 posts

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

20sen cheap sale will end... results r out soon

actura

93 posts

Posted by actura > 2019-11-11 11:34 | Report Abuse

Today 11-11. cheap sales ... will down to 0.19c

Good123

25,306 posts

Posted by Good123 > 2019-11-12 10:23 | Report Abuse

just a waiting game, too who have patience will reap the post

Good123

25,306 posts

Posted by Good123 > 2019-11-12 10:24 | Report Abuse

technical analysis also supports uptrend ... be patient

Good123

25,306 posts

Posted by Good123 > 2019-11-12 10:24 | Report Abuse

those tak sabar boleh jualkan kepada mereka yang sanggup waitva bit

Good123

25,306 posts

Posted by Good123 > 2019-11-12 16:31 | Report Abuse

palm oil price recovered to rm2600 per tonne, got money to buy properties in stages

Good123

25,306 posts

Posted by Good123 > 2019-11-12 16:32 | Report Abuse

last year, palm oil stocks fell to the bottom, now rebound a lot. property stocks will be next

Good123

25,306 posts

Posted by Good123 > 2019-11-13 08:37 | Report Abuse

just waiting for rebounding stronger :)

Good123

25,306 posts

Posted by Good123 > 2019-11-13 08:37 | Report Abuse

results r coming

Good123

25,306 posts

Posted by Good123 > 2019-11-13 08:38 | Report Abuse

ikan bilis sudah keluar ... steady at 20sen... tunggu untuk memecut Saja sekarang

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-11-13 15:24 | Report Abuse

so steady, may your wish for new MGO comes soon.

Recent Prices
Date Open Range Close Change Volume
12/11/2019 0.20 0.195 - 0.20 0.20 0.00 (0.00%) 327,300
11/11/2019 0.20 0.195 - 0.20 0.20 +0.005 (2.56%) 450,000
08/11/2019 0.20 0.195 - 0.20 0.195 -0.005 (2.50%) 1,368,900
07/11/2019 0.20 0.195 - 0.205 0.20 0.00 (0.00%) 2,600,400
06/11/2019 0.205 0.20 - 0.205 0.20 0.00 (0.00%) 2,193,400
05/11/2019 0.205 0.20 - 0.215 0.20 0.00 (0.00%) 5,800,900
04/11/2019 0.20 0.20 - 0.205 0.20 0.00 (0.00%) 924,100
01/11/2019 0.20 0.195 - 0.205 0.20 0.00 (0.00%) 1,198,700
31/10/2019 0.205 0.20 - 0.205 0.20 0.00 (0.00%) 2,075,700
30/10/2019 0.20 0.20 - 0.21 0.20 -0.005 (2.44%) 1,161,100
29/10/2019 0.20 0.20 - 0.215 0.205 +0.01 (5.13%) 1,312,800
25/10/2019 0.205 0.195 - 0.21 0.195 -0.01 (4.88%) 1,996,800
24/10/2019 0.205 0.205 - 0.21 0.205 -0.005 (2.38%) 478,000
23/10/2019 0.215 0.205 - 0.215 0.21 -0.005 (2.33%) 1,256,000
22/10/2019 0.215 0.215 - 0.23 0.215 -0.005 (2.27%) 1,597,500
21/10/2019 0.23 0.22 - 0.23 0.22 -0.01 (4.35%) 422,500
18/10/2019 0.225 0.225 - 0.23 0.23 +0.005 (2.22%) 858,700

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-11-13 15:25 | Report Abuse

Technically speaking also, greatly oversold. :)

Technical Indicators
Date: Nov 12, 2019 Price: 0.20

Simple Moving Average
10 20 30 40 50 60 90 120 200 250
SMA 0.20 0.206 0.206 0.208 0.215 0.225 0.246 0.27 0.389 0.453
Variance 0.00 -0.006 -0.006 -0.008 -0.015 -0.025 -0.046 -0.07 -0.189 -0.253
Variance(%) 0% 3% 3% 4% 7% 11% 19% 26% 49% 56%
**Variance - Comparison between stock price and moving average.
Exponential Moving Average
10 20 30 40 50 60 90 120 200 250
EMA 0.201 0.204 0.207 0.216 0.224 0.23 0.26 0.287 0.367 0.422
Variance -0.001 -0.004 -0.007 -0.016 -0.024 -0.03 -0.06 -0.087 -0.167 -0.222
Variance(%) 0% 2% 3% 7% 11% 13% 23% 30% 46% 53%
**Variance - Comparison between stock price and moving average.
Relative Strength Index
9 14 25
RSI 50.00 33.333 50.00
**>70 is overbought while <30 is oversold.
William %R
9 14 25
%R -75.00% -75.00% -88.889%
**>-20 is overbought while <-80 is oversold.
Money Flow Index
9 14 25
MFI 2.604 7.692 27.286
**>80 is overbought while <20 is oversold.
Rate of Change
21 63 125 250
ROC -4.762% -28.571% -50.00% -71.429%
**>8% is overbought while <-8% is oversold.
Percentage Price Oscillator
5,35,5 12,26,9
PPO -6.132 -1.942
Signal -6.626 -2.451
Variance 0.494 0.509
Variance(%) 7% 21%
**Variance - Comparison between PPO and signal line.
Moving Average Convergence-Divergence
5,35,5 12,26,9
MACD -0.013 -0.004
Signal -0.014 -0.006
Variance 0.001 0.002
Variance(%) 7% 33%
**Variance - Comparison between MACD and signal line.
Stochastic Oscillator (Fast)
14,3 18,9
%K 25.00 11.111
%D 13.095 9.876
**%D >80 is overbought while %D <20 is oversold.
Stochastic Oscillator (Slow)
14,3 18,9
%K 13.095 9.876
%D 10.362 15.775
**%D >80 is overbought while %D <20 is oversold.

Ncm88

1,219 posts

Posted by Ncm88 > 2019-11-14 10:25 | Report Abuse

This stock about to limit up soon

actura

93 posts

Posted by actura > 2019-11-14 10:47 | Report Abuse

Tunggu la..............

Good123

25,306 posts

Posted by Good123 > 2019-11-14 13:30 | Report Abuse

included MCT shares transferred . will rebound , also in the government interest. KUALA LUMPUR (Nov 14): Urusharta Jamaah Sdn Bhd (UJSB), a wholly-owned subsidiary of the Ministry of Finance, has completed the transfer of non-performing assets held by Lembaga Tabung Haji (LTH) as a part of LTH's rescue and restructuring plan.

In a statement today, UJSB said the transaction, which was completed on Dec 28, 2018, involved a transfer of assets with a market value of RM9.63 billion from LTH to UJSB in exchange for RM19.9 billion, consisting of two tranches of Sukuk totalling RM19.6 billion and RM300 million respectively in cash payable to LTH.

"The difference of RM10.3 billion between the consideration of RM19.9 billion and RM9.63 billion market value of assets is to be borne by the government to ensure that the financial health of LTH is restored," UJSB said.

It further stated that in the event the value of the assets depreciates further, the losses for the government will be higher than RM10.3 billion.

The assets transferred to UJSB consist of a mixture of listed equity holdings, properties and one unlisted plantation asset.

The property assets transferred to UJSB include a parcel of land measuring 1.568 acres at Tun Razak Exchange (TRX).

"The land was purchased by LTH at RM188.5 million or RM2,760 per square feet, significantly higher than that paid for by 1Malaysia Development Bhd (1MDB) at only RM75 per square feet (or RM5.1 million for 1.568 acres)," it said.

The land was then purchased by UJSB from LTH at RM400 million (RM5,856 per square feet), which does not reflect the actual market value of the TRX land.

The purchase consideration was done at a significant premium (112.2%) to what LTH paid in April 2015 (RM188.5 million or RM2,760 per square feet).

"In a recent valuation exercise conducted in March 2019, the market value of the said TRX land stood at only RM205 million.

"The huge difference between the market value and the purchase value of the land (95% premium over market value), together with all the other assets acquired by UJSB, was needed to ensure the successful rescue and restructuring plan of LTH," UJSB said.

UJSB will bear significant losses as a result of impairment charges estimated at more than RM10 billion for the assets acquired from LTH.

It noted that the TRX land transaction itself will result in an impairment charge of RM195 million.

"With the transfer of assets now completed, UJSB will continue with its mandate and purpose, which are to carry out the rehabilitation and restructuring of assets under its care; to maximise asset recovery value; and to redeem all monetary instruments issued by UJSB and subscribed by LTH in a timely manner," it said.

Good123

25,306 posts

Posted by Good123 > 2019-11-14 13:33 | Report Abuse

MCT share price will rise for the govt to recover the loss incurred to rescue Tabung Haji :). Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

MCT BERHAD

Particulars of Substantial Securities Holder

NameURUSHARTA JAMAAH SDN. BHDAddressTingkat 7, Bangunan Setia 1,
15, Lorong Dungun,
Bukit Damansara,
Kuala Lumpur
50490 Wilayah Persekutuan
Malaysia.Company No.1307642-VNationality/Country of incorporationMalaysiaDescriptions (Class)Ordinary shareName

Good123

25,306 posts

Posted by Good123 > 2019-11-14 13:34 | Report Abuse

right timing to enter, seriously oversold, all technical indicators showed the seriousness of oversold status

eddy888

313 posts

Posted by eddy888 > 2019-11-15 15:03 | Report Abuse

(吉隆坡15日讯)朝圣基金局(Lembaga Tabung Haji)将表现不佳的资产转给一家国有公司,而政府将承担与资产市值之间的103亿令吉差额。

Urusharta Jamaah私人有限公司(UJSB)昨日作出是项公布。该公司是财政部成立的特别用途公司,以协助恢复从朝圣基金局接管的资产。

UJSB发布文告指出:“如果资产价值进一步贬值,政府的损失将超过103亿令吉。”

该公司表示,已于去年12月28日完成表现欠佳资产的转移,为朝圣基金局拯救和重组计划的一部分。

“这是过去财政管理不善和不当行为造成的。”

UJSB指出,这笔交易涉及将价值96亿3000万令吉的资产从朝圣基金局转移到UJSB,以换取199亿令吉,包括两批合共196亿令吉的债券以及3亿令吉的现金。

该公司补充,政府将承担199亿令吉与96亿3000万令吉资产市值之间的103亿令吉差额,以确保朝圣基金局恢复财务稳健
UJSB说,转移的资产包括上市公司股权、物业和一个非上市种植资产。

产业资产包括位于敦拉萨国际贸易中心(TRX)占地1.568英亩的一幅地皮。当时朝圣基金局以1亿8850万令吉,或每平方尺2760令吉的价格买入,明显高于一马发展公司(1MDB)购入的510万令吉,或每平方尺75令吉。

UJSB指出,该公司随后以4亿令吉(每平方尺5856令吉)向朝圣基金局收购此地,这并不反映其实际市值。

“与朝圣基金局在2015年4月支付的1亿8850万令吉(每平方尺2760令吉)相比,报价大幅溢价(112.2%)。”

“最近于3月进行的估价显示,上述TRX土地的市值仅为2亿500万令吉。”

UJSB表示,土地的市值和收购价值存在巨大差异(较市价高95%),加上UJSB收购的所有其他资产,是为了确保朝圣基金局拯救和重组计划成功。

该公司指出,将承担重大损失,因从朝圣基金局购买的资产减值费用估计超过100亿令吉。

该公司称,TRX土地交易本身将导致1亿9500万令吉的减值费用。

“随着资产转移完成,UJSB将继续使命和宗旨,即恢复和重组所管理资产、优化资产回收价值,还有及时赎回UJSB发行并由朝圣基金局认购的所有货币票据。”

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-11-15 17:07 | Report Abuse

Steady :) wait4results :)

Recent Prices
Date Open Range Close Change Volume
15/11/2019 0.20 +0.005 272,000
14/11/2019 0.195 0.195 - 0.20 0.195 0.00 (0.00%) 2,022,700
13/11/2019 0.20 0.195 - 0.20 0.195 -0.005 (2.50%) 309,800
12/11/2019 0.20 0.195 - 0.20 0.20 0.00 (0.00%) 327,300
11/11/2019 0.20 0.195 - 0.20 0.20 +0.005 (2.56%) 450,000
08/11/2019 0.20 0.195 - 0.20 0.195 -0.005 (2.50%) 1,368,900
07/11/2019 0.20 0.195 - 0.205 0.20 0.00 (0.00%) 2,600,400
06/11/2019 0.205 0.20 - 0.205 0.20 0.00 (0.00%) 2,193,400
05/11/2019 0.205 0.20 - 0.215 0.20 0.00 (0.00%) 5,800,900
04/11/2019 0.20 0.20 - 0.205 0.20 0.00 (0.00%) 924,100
01/11/2019 0.20 0.195 - 0.205 0.20 0.00 (0.00%) 1,198,700
31/10/2019 0.205 0.20 - 0.205 0.20 0.00 (0.00%) 2,075,700
30/10/2019 0.20 0.20 - 0.21 0.20 -0.005 (2.44%) 1,161,100
29/10/2019 0.20 0.20 - 0.215 0.205 +0.01 (5.13%) 1,312,800
25/10/2019 0.205 0.195 - 0.21 0.195 -0.01 (4.88%) 1,996,800
24/10/2019 0.205 0.205 - 0.21 0.205 -0.005 (2.38%) 478,000
23/10/2019 0.215 0.205 - 0.215 0.21 -0.005 (2.33%) 1,256,000
22/10/2019 0.215 0.215 - 0.23 0.215 -0.005 (2.27%) 1,597,500
21/10/2019 0.23 0.22 - 0.23 0.22 -0.01 (4.35%) 422,500
18/10/2019 0.225 0.225 - 0.23 0.23 +0.005 (2.22%) 858,700

Good123

25,306 posts

Posted by Good123 > 2019-11-20 14:47 | Report Abuse

time to fly

Good123

25,306 posts

Posted by Good123 > 2019-11-20 14:48 | Report Abuse

started to rise. just rose 1 Sen

Good123

25,306 posts

Posted by Good123 > 2019-11-20 14:49 | Report Abuse

rebound to 25-30sen in the short run. results will be released soon

Ncm88

1,219 posts

Posted by Ncm88 > 2019-11-20 14:53 | Report Abuse

Need break 0.24 only can see 0.3

Good123

25,306 posts

Posted by Good123 > 2019-11-21 18:42 | Report Abuse

KUALA LUMPUR (Nov 21): Malaysia is expected to be on the radar of foreign investors who are seeking a stable market to invest and to operate from, said Malaysian Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin (pictured).

Hence, he said property and facility managers in the country need to enhance the performance of their buildings in order to meet the demands and expectations of international tenants.

“Moving into 2020, I believe this is the year where the crunch is. Recession has settled in certain countries and there are people who are looking to invest in countries that are stable and I think Malaysia will be on their radar. So, we may see an influx of investors coming in,” he told reporters after the launch of the MIPFM Conference 2019 today.

“They want to see good and well-managed buildings, so I think next year is the year for property and facility managers to equip themselves with all the right knowledge and the latest technology, and to apply them within their buildings, such as malls, offices and industrial complexes in order to improve the performance of their building,” he continued.

He added that with the increasing challenges facing practitioners such as issues related to strata property management, shortage of skilled staff, technological changes, upcoming amendments of the Strata Management Act 2013 (Act 757), new legislation such as the Rent Act and implementation of parcel rent, property and facility managers need to find solutions and keep abreast of market developments.

“With all this in mind, MIPFM aspires to play a more active role in taking the profession to the next level. Moving forward, MIPFM has plans to conduct accreditation courses for practitioners The objective is to promote consistent practice standards and enhance competency among members. We hope that this will help to improve the quality of and value add our services to our clients,” he said.

The Board of Valuers, Appraisers, Estate Agents and Property Managers Malaysia (BOVAEP) president Khairudin Abd Halim who officiated the opening of the conference concurred, saying that with rising challenges, especially in mixed-use developments and buildings with more advanced and sophisticated features, the country needs more property managers with the right qualifications and skills.

Hence, he urged non-governmental organisations and related bodies such as MIPFM to continue to provide the necessary industry related training and education for their members as well as for the public, particularly on the management of strata properties.

“BOVAEP, under the purview of the Ministry of Finance will continue to play an active role in ensuring [the property management] practitioners are in compliance with the Act [757] as well as the Malaysian Property Management Standards,” he said.

The MIPFM Conference 2019 is themed Enhancing Property Value via Best Practice Solutions. EdgeProp.my is the exclusive media partner.

Ken

678 posts

Posted by Ken > 2019-11-21 19:07 | Report Abuse

Good quarter result,earn 18mil;1.26c.
Quarterly rpt on consolidated results for the financial period ended 30/09/2019 | https://www.klsescreener.com/v2/announcements/view/29144950

Ncm88

1,219 posts

Posted by Ncm88 > 2019-11-21 19:43 | Report Abuse

Qr no problem, see banker want goreng or not jek

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-11-22 08:42 | Report Abuse

fly high today.... revenue and profit ballooned

21-Nov-2019 Quarter Result Quarter Result on 30-Sep-2019[#3] QoQ - 567.61% YoY

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-11-22 08:46 | Report Abuse

it will rock today

For the current quarter under review
The Group recorded revenue of RM141 million for the current quarter under review, up from RM107
million recorded for the preceding quarter ended 30 June 2019. The increase was driven by the
upswing of construction progress for all its ongoing projects as the Group is gearing up to handover
more than 3,000 units across four projects before the end of the first half of 2020.
The Group recorded sales of RM128 million for the current quarter under review, up from RM115
million for the preceding quarter ended 30 June 2019 as the Group launched Park Place I @
Cybersouth which recorded take up rate of 20% as at 30 September 2019.
During the current quarter under review, the Group’s gross profit margin improved from 33% to 40%
arising from savings in construction cost for Skypark @ Cyberjaya which was completed in 2018.
The Group also completed the RM47 million disposal of land for development in Cyberjaya which
recorded a gain on disposal of RM5 million for the current quarter under review.
Total expense for the current quarter under review was at 26% of total revenue, in-line with 28%
recorded for the 9 months period ended 30 September 2019. Due to the loan from the Company’s
ultimate holding company of RM200 million, the Group recorded unrealised foreign exchange loss
of RM2 million for Q3 2019. Consequently, the Group recorded profit after tax of RM18 million for
the current quarter under review.

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-11-22 08:50 | Report Abuse

Ayala is still the best :)

Prospects for the next financial year
Under the recent Budget, it was announced that foreigners can now purchase overhang properties
priced from RM600,000 onwards, which was reduced from the RM1 million threshold previously.
Whilst such measures served to stimulate the property market, it would not affect the Group
materially as the Group’s inventory of completed properties priced above RM600,000 is minimal.
Nonetheless, with the Group’s experience in residential development, the outlook for the Group is
positive given that the Group is planning several key launches at the Cybersouth project by the first
quarter of 2020. The focus will remain at residential properties that are priced between RM250,000
and RM750,000, with some commercial units to complement the completed projects. The Group’s
landbanking efforts in 2018 will also bear fruit in 2020 as the Group is targeting to launch the first
phase of the newly acquired land in Subang Jaya by the first half of 2020.

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-11-22 08:59 | Report Abuse

As At End of Current Quarter As At Preceding Financial Year End 30 Sept 2019
Net Assets Per Share (RM) 0.6245 0.6064

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-11-22 09:00 | Report Abuse

Thursday, 21 Nov 2019 up3



6:26PM MCT Nine-month net profit 26.384 million

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-11-22 09:08 | Report Abuse

Key Result
Key Result
T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 532,687 467,282 308,017 337,029 407,238
NP to SH 63,461 35,844 56,884 45,728 55,248
Dividend 0 - - 1,887 -
Adjusted EPS 4.34 2.45 3.89 3.13 3.78
Adjusted DPS 0.00 0.00 0.00 0.13 -

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-11-22 09:09 | Report Abuse

Financial Highlight
Latest Quarter | Ann. Date 30-Sep-2019 [#3] | 21-Nov-2019
Next QR | Est. Ann. Date: 31-Dec-2019 | 28-Feb-2020
T4Q P/E | EY: 4.61 | 21.70%
T4Q NAPS | P/NAPS: 0.6245 | 0.32
T4Q NP Margin | ROE: 11.82% | 6.95%

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