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 13 hours ago

George99

253 posts

Posted by George99 > 2023-12-08 13:35 | Report Abuse

Limit up bila ni..... Sudah Profit pun x limit up lagi.....

George99

253 posts

Posted by George99 > 2023-12-11 11:03 | Report Abuse

Limit up liao....... HSR coming...

George99

253 posts

Posted by George99 > 2023-12-11 16:12 | Report Abuse

Come on...back to 0.88 again..

George99

253 posts

Posted by George99 > 2023-12-12 09:45 | Report Abuse

Yoonyooo... Limit up Avaland...

roger3210

4,949 posts

Posted by roger3210 > 2023-12-12 10:15 | Report Abuse

still sleeping despite its parent, ayala land went up 7 weeks in a row

Val-Elta

669 posts

Posted by Val-Elta > 2023-12-12 19:14 | Report Abuse

fundamentally it's a good share.

Go to klsescreener, stock screener, main board > property, sort by PE RATIO
Avaland is actually number 15

Klse screener, main board > property, sort by PTBV (Price to book value)
Avaland is actually number 13

Most importantly the revenue is sustainable with high unbilled sales, not one off earnings, that other companies who rank better may have.

Just that maybe property not in play at the moment, and avaland since mct times always seems like shareholder lack holding power/high % of active traders who easily cut loss/take quick profit??

Not much can be done now, existing shareholders shld hold, and only sell at a profit. Don't cut loss on a profitable and fundamentally strong company if you can! That doesn't make sense.

Others selling, could be due to certain reasons, or their entry price may have been low, it's actually a good time to buy more now, but some holding power is required 3-6 months, wait for their QR announcement as catalyst, or wait for property play as catalyst.

Val-Elta

669 posts

Posted by Val-Elta > 2023-12-12 19:21 | Report Abuse

If your sort by PE Ratio and filter out PTBV more than 0.4, Avaland actually top 4 or 5!

Val-Elta

669 posts

Posted by Val-Elta > 2023-12-12 20:12 | Report Abuse

Teladan setia for example another property developer.

Share price RM1.02
Last 4 quarters EPS 2.92, PER 34.71
NAPS 0.64

Avaland share price 0.225
Last 4 quarters EPS 2.97, PER 7.58
NAPS 0.62

George99

253 posts

Posted by George99 > 2023-12-13 11:04 | Report Abuse

more promote more down..... Go go avaland... Down down.. limit up..😀

George99

253 posts

Posted by George99 > 2023-12-13 15:43 | Report Abuse

Mali mali... Promote this stock.. bagi dia lagi down...

Val-Elta

669 posts

Posted by Val-Elta > 2023-12-13 17:21 | Report Abuse

no choice one la, have to wait til next q result, avaland also just turned from profitable but negative cash flow from operation, to positive cash flow of 30m from operations in this quarter. the share is cold, so those buying would need some holding power.

George99

253 posts

Posted by George99 > 2023-12-14 08:34 | Report Abuse

Good morning... Down down Avaland ....

George99

253 posts

Posted by George99 > 2023-12-14 10:17 | Report Abuse

Val-Elta : come promote down...better..... ...haha

Val-Elta

669 posts

Posted by Val-Elta > 2023-12-14 12:54 | Report Abuse

Not promoting anything, small fish here also, just sharing the actual numbers, you can make your own informed decisions. Investor/trader mindset is more and more short term now, so have a lot of cut loss if not profitable in few days, or weeks.

George99

253 posts

Posted by George99 > 2023-12-15 09:04 | Report Abuse

Come come... Down down... Good stock to go down.... Haha

Val-Elta

669 posts

Posted by Val-Elta > 2023-12-15 15:19 | Report Abuse

Bursa Malaysia Bhd on Thursday announced 11 new additions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index and 11 new additions to the constituents of the FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index following the latest semi-annual review of the indices.

The bourse said the new constituents of both indices are Advanced Synergy, Avaland, Classic Scenic, Datasonic Group, Gamuda, Kawan Food, Kinergy Advancement, Kossan Rubber, MSM Malaysia Holdings, OCK Group and TDM.

Addition of Avaland into FTSE4Good Bursa Malaysia (F4GBM) Index by Bursa Malaysia is a good recognition of its fundamentals

https://www.klsescreener.com/v2/news/view/1248799

roger3210

4,949 posts

Posted by roger3210 > 2023-12-18 11:13 | Report Abuse

Avaland parent co Ayala Land, up 8 weeks in a row in Philippines stock market, non stop going up after report strong QR 😯

George99

253 posts

Posted by George99 > 2023-12-18 16:46 | Report Abuse

Avaland down down to 0.20 sen soon.....

George99

253 posts

Posted by George99 > 2023-12-19 11:38 | Report Abuse

Hahaha..... 0.22 yet not 0.20

roger3210

4,949 posts

Posted by roger3210 > 2023-12-19 15:17 | Report Abuse

ayala land this year new high !

George99

253 posts

Posted by George99 > 2023-12-20 09:26 | Report Abuse

down down Avaland .. 0.20sen

roger3210

4,949 posts

Posted by roger3210 > 2023-12-20 11:39 | Report Abuse

ayala land this year new high again

George99

253 posts

Posted by George99 > 2023-12-21 14:54 | Report Abuse

Ding dong down ding song down.....

Posted by georgeloo > 2023-12-22 10:59 | Report Abuse

george99 looks like u just want to fill d page with alot of rubbish!

George99

253 posts

Posted by George99 > 2023-12-22 11:59 | Report Abuse

Limit up... Limit.. up... Today promote up....... Turnover 200 mn in Q4...haha

Val-Elta

669 posts

Posted by Val-Elta > 2023-12-28 15:48 | Report Abuse

Saw this news yesterday

Seems like RHB did some coverage on Avaland, but I'm not too sure if it's an actual Buy call with what TP.

"Strong earnings momentum ahead. The house expects Avaland to reach about MYR500m and MYR700m in property sales in FY23F-24F."

https://www.businesstoday.com.my/2023/12/27/avaland-what-changed-and-why-the-upbeat/

roger3210

4,949 posts

Posted by roger3210 > 2023-12-28 17:13 | Report Abuse

Ayala land, up 9 weeks in a row while avaland still sleeping...

Val-Elta

669 posts

Posted by Val-Elta > 2024-01-02 11:38 | Report Abuse

Happy new year everyone, continue from my last posting, last time able to read a bit only, but today The Star post a more detailed information for the RHB buy call, got say TP of 40 cents.

But I'm not able to find the full RHB Invest analyst report though in I3. 40 cents TP, to me is a fair starting price target, based on their EPS per year of 4cents + (PER 10x) and NAPS of 60 cents.

We can expect a revision of TP as Avaland posts QRs that beat expectation.

RHB Research has put a fair value of 40 sen per share on Avaland with the valuation based on a 60% discount to its restated net asset value.


https://www.thestar.com.my/business/business-news/2024/01/02/avaland-in-for-stronger-earnings-momentum

nemesis

3,829 posts

Posted by nemesis > 2024-01-08 11:19 | Report Abuse

Avaland is the next Shining Star in the property sector...

KenYang

19 posts

Posted by KenYang > 2024-01-16 13:40 | Report Abuse

Does RHB's TP stil stand?

KenYang

19 posts

Posted by KenYang > 2024-01-16 13:42 | Report Abuse

Source (TheStar): Avaland Bhd is expected to have stronger earnings momentum going into financial year ending Dec 31, 2024 (FY24), backed by the right products and strategies for its upcoming projects and land banking plans.

This means higher net profit and revenue in 2024 right?

KenYang

19 posts

Posted by KenYang > 2024-01-16 13:43 | Report Abuse

RHB Research said Avaland’s property sales are likely to reach between RM500mil and RM700mil in FY23 and FY24, respectively.

Its unbilled sales are predicted to increase to a peak of RM867mil in the nine months of FY23 as compared to RM720mil in FY22.

KenYang

19 posts

Posted by KenYang > 2024-01-16 13:43 | Report Abuse

Going into FY24, RHB Research said Avaland, a real estate and property developer, is looking to acquire more land banks for niche development.

The group will also be launching Amika Residences in Subang Jaya, Anja in Bangi, and Aetas in Seputeh, with the projects expected to have a combined gross development value of RM1.33bil.

KenYang

19 posts

Posted by KenYang > 2024-01-16 13:44 | Report Abuse

Prior to this, Avaland had been overlooked by investors due to its dismal performance in recent years and the slowdown in the real estate market.

RHB Research stated that due to majority of building works completed by the group’s internal construction arm, there were a lot more flaws as well as higher rectification costs and overheads in the past.

Avaland has decided to place more focus on building brand equity by offering quality products for long-term growth sustainability.

RHB Research said one of the biggest shifts undertaken by Avaland in recent years has been the group’s outsourcing of the design, architecture and construction work for all of its projects.

Its net gearing fell to 0.15 times in the nine months of 2023 as compared to 0.23 times during last year.

KenYang

19 posts

Posted by KenYang > 2024-01-16 13:46 | Report Abuse

Can anyone affirm whether today's volume spike is due to anticipation of 2024's net profit and revenue turning around?

KenYang

19 posts

Posted by KenYang > 2024-01-16 13:48 | Report Abuse

“With stable building material prices recently, property developers have been more inclined to advance bidding discussions for their upcoming projects. Hence, this positive outlook bodes well for us to secure new projects and improve our earnings,” Tuju Setia managing director Wee Eng Kong said.

Okay. I think RHB might be right

KenYang

19 posts

Posted by KenYang > 2024-01-16 13:52 | Report Abuse

Overall macroeconomic environment, government policies and investment flows are expected to spur property sales for developers by between 10 per cent and 15 per cent in 2024, compared with 2023.

RHB research in its note said aggregate property sales remained resilient based on the latest sales numbers released by developers.

Excluding the bulky overseas property sales in 2Q23 recorded by UEM Sunrise and Sunway Bhd, nine-month 2023 aggregate property sales grew nine per cent from the same period last year, suggesting healthy demand for property locally.

KenYang

19 posts

Posted by KenYang > 2024-01-16 13:52 | Report Abuse

"We expect more aggressive landbanking activities in 2024. Eco World, AME Elite Consortium, Mah Sing, and Avaland are amongst the developers that are on the lookout for land parcels. Areas of interest are primarily Iskandar Malaysia, and the Klang Valley. In September 2023, Eco World acquired 404 acres of land in Kulai from IOI Properties," RHB research said.

RHB is expecting AVALAND to do the same? This means greater levels of exposure to Johor and other state' landbank? Hmm

KenYang

19 posts

Posted by KenYang > 2024-01-16 13:56 | Report Abuse

It remains confident on the Iskandar Malaysia property market given the concentration of high profile investments and infrastructure developments that are taking place in the southern region.

The revival of the High Speed Rail project is a re-rating catayst for the sector.

KenYang

19 posts

Posted by KenYang > 2024-01-16 13:57 | Report Abuse

KUALA LUMPUR (Jan 4): RHB Retail Research said Avaland Bhd (formerly known as MCT Bhd) is eyeing for a technical breakout as it rebounded above the 21-day simple moving average (SMA) line, touching 26 sen on stronger trading volume.

In a trading stocks note on Thursday, the research house said that if a breakout occurs, the stock will likely advance towards the 52-week high level at the 29 sen resistance, followed by 35.5 sen, its highest level since April 1, 2021.

KenYang

19 posts

Posted by KenYang > 2024-01-17 14:02 | Report Abuse

Hmm, hoping that RHB's technical resistance at 29cts will play out. AVALAND has long been asleep and muted due past dismal performance.

KenYang

19 posts

Posted by KenYang > 2024-01-17 14:05 | Report Abuse

@Nemesis @Val Do you know why the share price is in deep red? The turnaround is warranted by actual performance in its balance sheet. Yet, sell off to me seems weird?

KenYang

19 posts

Posted by KenYang > 2024-01-17 14:08 | Report Abuse

156.18m revenue 17.23m net
113.84m revenue 11.12m net
76.58m revenue 136.00k net

That's from Q1 to Q3. The turnaround is amazing though, why dismal share price? I really don't get it.

roger3210

4,949 posts

Posted by roger3210 > 2024-01-17 14:10 | Report Abuse

lol, 1st time in malaysia share market? there are many other stocks fall into such 'value trap'. make sure you have a trading plan instead of just blindly buy and hold, cut loss when necessary.

RAbbit494

330 posts

Posted by RAbbit494 > 2024-01-17 14:29 | Report Abuse

Bersabar
Stock ni suka ikut trend dari belakang depan naik dia ikut depan turun dia pun ikut turun apa nak di kato den... tulah tak sempat naik dah turun hahaha🤣
Saya simpan jo.... ada murah buy naik tunggu

KenYang

19 posts

Posted by KenYang > 2024-01-17 14:49 | Report Abuse

@roger3210 Ya. First time, I major in finance and in eco though. Felt like all that I've learn are in the opposite direction.

KenYang

19 posts

Posted by KenYang > 2024-01-17 14:50 | Report Abuse

@Rabbit484 Haha I shall wait it out then. I was worried if something bad happened that the share price plunge from its most recent high breakout that got me looking weirdly at it.

KenYang

19 posts

Posted by KenYang > 2024-01-17 14:53 | Report Abuse

@Rabbit484 It got me thinking at first: Will this be like Serba Dinamik? Of course, I did my fundamental research so were partially relief by the numbers from its turnaround. Just that share price fluctuating widely made me felt unease. Anyways, thank you for the words of reassurances ^^

Val-Elta

669 posts

Posted by Val-Elta > 2024-01-17 16:49 | Report Abuse

Avaland on track for average of 1 cent+ EPS per quarter moving on, cash flow from operations have also just turned to positive +30m per quarter.

In just 2, 3 quarters, the entire balance sheet can turnaround to higher net cash very fast.

If you value 9x EPS, avaland is worth 36 cents.
If you value it based on 60% discount to NAPS, it's also worth 36 cents.

The above is very moderate valuation methods.

Val-Elta

669 posts

Posted by Val-Elta > 2024-01-17 16:51 | Report Abuse

I've been with avaland for so many years. lol.... my posts here goes back, 2, 3 years ago? I'm still here.

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