AVALAND BERHAD

KLSE (MYR): AVALAND (5182)

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Last Price

0.32

Today's Change

-0.005 (1.54%)

Day's Change

0.305 - 0.33

Trading Volume

9,086,700


3 people like this.

3,090 comment(s). Last comment by wbuffet2 2 days ago

Posted by Masterbadman > 2021-04-13 13:55 | Report Abuse

The share price spike up from 0.225. if you see the history this counter always few day show then drop back to square one. Very likely drop back to 0.25. but I sold at 0.33 so I start cover back early at 0.295 below.

Posted by Masterbadman > 2021-04-13 14:34 | Report Abuse

At this rate 0.27 this week 0.25 next week should be no problem

Posted by sitisani83 > 2021-04-13 15:25 | Report Abuse

collect dulu..esok no chance.

Mike21

26 posts

Posted by Mike21 > 2021-04-13 15:29 | Report Abuse

Yess.. good bargain.. grab now... fly later

papaxs

28 posts

Posted by papaxs > 2021-04-13 15:30 | Report Abuse

colllect...time to collect!!! usually people said "we'll finish this before raya" if building a house or whatever they r building. hahaha

Tronoh

1 posts

Posted by Tronoh > 2021-04-13 16:09 | Report Abuse

No need to worry. Good stock, will fly soon

Posted by Masterbadman > 2021-04-13 16:21 | Report Abuse

Maybe tmr can get 0.27 unless tansri invest in MCT like how he invest in Minda then maybe can go back to 0.33 again

Posted by sharon1519 > 2021-04-13 21:59 | Report Abuse

Don't affected by rumour, be confident , it show a fast grow it it financial report

Val-Elta

669 posts

Posted by Val-Elta > 2021-04-14 08:56 | Report Abuse

Replying to Blackpepper, if you understand property business, and the way their profit is calculated you will see their PnL is quite predictable.

For example, if I have completely sold out a 400m condo project, this 400m PnL will be spread across the 3-4 years of construction.
Of course, you will need to minus some profit which will be 'gone' as it has entered their final billing. (After VP 2 years, as they invoice the bank the final 10% of property price upon DLP over)

So we can see that their
1) Their completed properties, is almost sold out (Check balance sheet > Inventory values) They do not have overhang stocks
2) Their current under construction and new project launched, how much has been sold? It's reported in the Q result, this is new Revenue that will come in the next quarters
3) How is the reception to their new projects? Aetas I believe is receiving good interest, and Alira is priced very strategically, compared with other projects there by Tropicana.
4) Aetas project has already started pilling, and again, if you understand property business, they will not start construction, if the SPA sign rate during soft launch is not good.

Overall, I'm quite confident at least a cc EPS will be achievable in the next Q, and as we get more visibility into the sales % of their Aetas and Alira projects, potentially, it will even exceed, 4-5c EPS per quarter within 6-9 months

So short term (3 months to 1 year), we have good visibility of their profitability.
Long term (1-3 years), we should be looking at the beginning of the next property bull cycle,

So to me, the maths is very simple... is just up to all investors do you want to sell, and hope for a drop, to buy in at lower price (trading risk) vs (long term risk) if I hold and wait until 50c ++

To give you a summary, their 2.65c EPS is probably something like this

0.4 cent will not repeat in the next quarter, as it's the final claim after DLP.
2.25 cent will repeat in next quarter, as it's an active project

By next Q you will have
2.25 EPS which is brought forward from existing sales
0.X EPS from the new property sales generated from Jan - March

Of course, we have the forex thingy which may offset the final profit and loss. That's a random part.

Posted by Masterbadman > 2021-04-14 09:48 | Report Abuse

TP 0.33 again

Posted by sitisani83 > 2021-04-14 09:50 | Report Abuse

good company!

Posted by Navigation7 > 2021-04-14 09:50 | Report Abuse

https://www.youtube.com/watch?v=rx1NMeiIF-8&t=894s

Aside from the amazing architectural review regarding the aetas project, if you skipped to 14:55 he mentioned that “.... the premium units, the penthouse, garden units all are sold out....” (video uploaded 10 apr), which implied that the aetas damansara has received positive buying interest from affluent customers, and could reflect on the next Q.

Posted by sitisani83 > 2021-04-14 10:09 | Report Abuse

still early..more to come!

Mike21

26 posts

Posted by Mike21 > 2021-04-14 10:59 | Report Abuse

Potential better sales and profit
Good counter to invest...
Buy now and wait for it to fly later...

Posted by Masterbadman > 2021-04-15 09:50 | Report Abuse

Same show fake resistance at 0.28 few days then drop to 0.26 just like few days ago at 0.3 and 0.295

Posted by Masterbadman > 2021-04-15 09:50 | Report Abuse

It's time to cancel 0.28 q and q lower at 0.27 wkwk hahahaha

Posted by Masterbadman > 2021-04-15 11:54 | Report Abuse

Ez predict

Posted by MrCompounding > 2021-04-15 11:54 | Report Abuse

MCT currently making 2nd HL & maintain above EMA20. Should bounce back tomorrow or next week. Currently no bad catalyst for MCT, if anyone have any catalyst / rumors kindly share it here with everyone thanks

nazeer

10 posts

Posted by nazeer > 2021-04-15 12:16 | Report Abuse

MCT good fundamental. Looking forward to fly.

Posted by Masterbadman > 2021-04-15 12:21 | Report Abuse

Operator cuci alrdy bye-bye mct

Posted by Masterbadman > 2021-04-15 12:21 | Report Abuse

Sold all cut profit

Posted by MrCompounding > 2021-04-15 12:27 | Report Abuse

It is currently washed all ikan bilis trader . Most probably will touched 0.265. After all ikan bilis cleared it will fly back to the moon. The uptrend momentum just started in Mac 21. Should not end too soon

Posted by Masterbadman > 2021-04-15 12:43 | Report Abuse

Just my opinion Wash trader won't drop from 0.355 to 0.275 100% operator cash out. If want wash trader why q fake buyer? Good share trading at 0.27 per share does that make sense to you? Fundamental construction counter are gamuda ioi property and ytl. As I said earlier this rubbish stock sure drop back to square one once operator cash out

Posted by Masterbadman > 2021-04-15 12:44 | Report Abuse

Be careful when trading rubbish stock take profit while you can. Those who sold earlier can buy back at 0.25 soon

Posted by sitisani83 > 2021-04-15 12:56 | Report Abuse

if close below support 0.275, will go down to 0.26. Follow your trading plan, that is the best.

Mike21

26 posts

Posted by Mike21 > 2021-04-15 13:05 | Report Abuse

Continue collect while good bargain...
Price will rebound early next week...

matg

994 posts

Posted by matg > 2021-04-15 13:28 | Report Abuse

cakap .net/gann-square-of-9/?s=mct&cp=0.275

ZigZag

118 posts

Posted by ZigZag > 2021-04-15 14:31 | Report Abuse

price pullback to area of confluence right now.. Fibo level 0.618, RBS, Trendline, EMA20.. Volume also looking good, after big volume spike, then retrace with low volume.. let see if can rebound soon or continue down..

Posted by Masterbadman > 2021-04-15 14:47 | Report Abuse

Sad should listen to online guru sold at 0.33 buy back below 0.27 below went in at 0.295 had to cut profit made earlier :(

Posted by Masterbadman > 2021-04-15 16:40 | Report Abuse

0.25 coming tmr. Can enter?

Posted by MrCompounding > 2021-04-15 17:17 | Report Abuse

Edge Weekly
Cover Story 2: Building a strong cash buffer in a pandemic

https://www.theedgemarkets.com/article/cover-story-2-building-strong-cash-buffer-pandemic

Posted by MrCompounding > 2021-04-15 17:25 | Report Abuse

Performance Review

For the current quarter under review

The Group recorded revenue of RM207 million for the current quarter ended 31 December 2020, compared to RM83 million in the corresponding quarter of the preceding year, representing a 249% increase in revenue. The increase was mainly due to higher sales conversion and construction progress pursuant to the delivery of vacant possession for Casa Bluebell @ Cybersouth and Casa Wood @ Cybersouth during the current quarter under review.

Expenses recorded for the current quarter under review is at RM42 million which is consistent with the corresponding quarter of the preceding year. Of the RM42 million, interest expense for the advances from the ultimate holding company was RM9 million. Excluding interest expense, the other expenses would be at RM34 million as compared to RM28 million for the corresponding quarter of the preceding year. This is resultant of the variable expenses as a factor of activity level during the quarter.

Consequently, the Group recorded profit after tax of RM29 million for the current quarter under review as compared to a loss after tax of RM0.7 million for the corresponding quarter of the preceding year.

For the current year

The Group recorded revenue of RM462 million for the financial year ended 31 December 2020. The Group’s gross profit margin is at 34% which is mainly driven by the Market Homes project at the Lakefront @ Cyberjaya development.

The Group launched Casa Bayu @ Cybersouth during the year which has since achieved sales of 57% as at 31 December 2020. Further, the Group also successfully handed over vacant possession for Phase 2 of the Lakefront Residence and Lakefront PR1MA Homes located at the Lakefront @ Cyberjaya development which comprised of 606 and 1,932 units of condominium, respectively. The Group also handed over vacant possession for Casa Bluebell and Casa Wood located at Cybersouth development which comprised of 264 and 251 units, respectively.

Expenses recorded for the year was RM134 million, out of which RM35 million were for the interest charged on the advances from its ultimate holding company. In addition, the Group recognised impairment of RM14m for the Group’s investment properties, equipment and other assets pursuant to the weak market sentiment following the COVID-19 pandemic.

Consequently, the Group recorded profit after tax of RM10 million for the financial year ended 31 December 2020.

The effective tax rate is at 71% mainly due to a lower tax base arising from the recognition of impairment for the Group’s investment properties and equipment. It also includes tax provision owing to the tax deductibility of the interest expense at the holding company under the Earnings Stripping Rules.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=213678&name=EA_FR_ATTACHMENTS

Posted by MrCompounding > 2021-04-15 17:28 | Report Abuse

Prospects for the next financial year (2021)

The Malaysian gross domestic product growth contracted 4.5% in 2020. In addition, the issues that plagued the property market such as market overhang, price unaffordability and lack of financing are expected to persist in spite of the various measures introduced by the Government to stimulate the property market.

Owing to the persistently high number of COVID-19 incidents, the Malaysian government reinstated Movement Control Order (“MCO”) in January 2021, which has slowed the resumption of economic activities and disrupted the property market recovery. Although the MCO’s impact is anticipated to be less severe than the previous, it could put pressure on the economy and real estate markets, which were previously on the mend. In view of the COVID-19 pandemic and ongoing geopolitical uncertainties, the global business climate remains challenging.

To mitigate the impact of the slowdown of the economy, the Government has taken various measures to stimulate the property market. Firstly, the Government has reintroduced the Home Ownership Campaign (“HOC”), which was a success when it was first introduced in 2019. Under the HOC, stamp duty exemption will be given on the instruments of transfer on the first RM1 million of the residential property value. There will also be a 100% stamp duty exemption on the loan agreement. In addition, gains arising from the disposal of residential properties by Malaysian citizens between 1 June 2020 and 31 December 2021 will be exempted from real property gains tax, which will help to stimulate the sub-sale housing market. The Group is optimistic that such measures would help to stimulate the Malaysian property market.

The Group is optimistic that the Government's concerted efforts, combined with the historically low interest rate environment, will continue to fuel the property market's growth. Nonetheless, the Group will maintain its prudent management strategy in the coming quarters to ensure a satisfactory performance while consolidating its market position and refining its competitive edge in order to seize any opportunities that will arise as the situation improves. The Group will continue leveraging on digital solutions such as online marketing and sales campaigns to broaden its reach to potential customers. Further, the Group will be ready with precise and selective new launches plans in 2021, coupled with various cost efficiency measures.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=213678&name=EA_FR_ATTACHMENTS

Posted by MrCompounding > 2021-04-15 17:31 | Report Abuse

TA still uptrend & maintain above strong support 0.265, 0.255 & EMA50. Healthy pullback with low volume

Posted by Masterbadman > 2021-04-15 19:30 | Report Abuse

Check ekovest Bandar Malaysia project RM120bil project now still trading at 0.47. it's time to all in :D

Posted by MrCompounding > 2021-04-16 07:30 | Report Abuse

Masterbadman ekovest TA ; EMA200 never crossed EMA50&20 since March 2020 crash. Thus not worth to look at it for short term

Posted by sitisani83 > 2021-04-16 09:29 | Report Abuse

Good sign in morning session..property index also not down so much. Let see how far for today.

Posted by MrCompounding > 2021-04-16 09:48 | Report Abuse

2 weekly candle red pullback should be enough. Next week should make a new breakout or at least reversal weekly candle

Posted by Masterbadman > 2021-04-16 10:17 | Report Abuse

0.250 coming

Posted by Forcepre7238 > 2021-04-16 10:22 | Report Abuse

0.245 q

Posted by sitisani83 > 2021-04-16 10:31 | Report Abuse

lately only retailers actively trade in Bursa, of course less momentum. Maybe sharks see something going to happen to Malaysia in future?

Posted by Masterbadman > 2021-04-16 10:38 | Report Abuse

Drop back to square one after operator cash out hahaha wait for another 2 years I think

Posted by sitisani83 > 2021-04-16 11:14 | Report Abuse

The covid sentiment does not help property sector to be bullish this week even though it just near the corner.

Posted by Invicibletrader > 2021-04-19 13:24 | Report Abuse

If reach 0.22, I will sapu 1 million units, good for long term.

matg

994 posts

Posted by matg > 2021-04-19 15:23 | Report Abuse

if and if drop to 0.005 I will sapu bersih.. hehehe

Mike21

26 posts

Posted by Mike21 > 2021-04-20 15:32 | Report Abuse

No time to drop...
Now it is time for rebound

matg

994 posts

Posted by matg > 2021-04-20 17:16 | Report Abuse

nice closing today.. hope for another wave tomoro morning

cspsuarez

58 posts

Posted by cspsuarez > 2021-04-20 17:31 | Report Abuse

Gap closed..now lets go up..wave 5 come on

Val-Elta

669 posts

Posted by Val-Elta > 2021-04-20 17:49 | Report Abuse

need to trade sideway 26-30 cent until end of april, then 30-34 until end of may, by the time, QR result will then push it past 40 cents, if a minimum 2 cent EPS is achieved.

So far, it's mostly possible to achieve this 2c EPS, for a 2 quarter EPS of 4.65 cents

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