MALTON BHD

KLSE (MYR): MALTON (6181)

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Last Price

0.425

Today's Change

+0.005 (1.19%)

Day's Change

0.42 - 0.43

Trading Volume

43,000


18 people like this.

10,794 comment(s). Last comment by koyokui 2 months ago

nemesis

3,990 posts

Posted by nemesis > 2018-10-15 16:19 | Report Abuse

Buyyyyy... dividend is coming next week....

uptrending

1,852 posts

Posted by uptrending > 2018-10-15 16:19 | Report Abuse

SIGNIFICANT VOLUME transacted at historical low price range from May to present date.

Month...Monthly Vol....Highest..Lowest..Close
May...... 92.4 million..... 0.815.....0.545...0.565
June.... 106.8 M.............0.595....0.490....0.50
July...... 226.0 M............0.705....0.49.....0.665
Aug.......68.07 M............0.675....0.58......0.58
Sept..... 33.66 M........... 0.57.......0.52.....0.525
Oct*..... 27.13 M........... 0.57...... 0.48.....0.48

* Oct is as of 12th..

Share in issue :528 M
Major Shareholders, TSR : 197 M
Free Float :331 M

Judging by the significantly high volume of shares transacted at the historical low price range of 48-70.5 amidst stronger fundamentals in the last 5 months, do you think that much shares had been collected by interested parties?

nemesis

3,990 posts

Posted by nemesis > 2018-10-15 16:58 | Report Abuse

Last minute rebound back to 0.50...Spectacular performance...

wonder

114 posts

Posted by wonder > 2018-10-15 20:40 | Report Abuse

Completion of Royale Pavi Hotel (Banyan) - Completion of Menara Khuan Choo - Finalization of Pavi Bukit Jalil with Canadian Pension Fund & Pav Reit - Commencement of work Duta Park, Pavi Embassy & Ceylon - Result of tender for Taipei project; possible positive development by sequence for Malton

uptrending

1,852 posts

Posted by uptrending > 2018-10-15 22:19 | Report Abuse

Some more....

1.Successful conclusion of the mutual resolution of the TTDI Project...
2. FY19 earnings would be excellent on the prospects of completion and handing over of the Park Sky Residence at BJC...

:)

uptrending

1,852 posts

Posted by uptrending > 2018-10-15 22:27 | Report Abuse

Duta Park piling work started a few months ago... Sales for first 2 blocks out of 3 have a take up rate of 50%... GDV of the project exceeds 850M...

Posted by Cockroach Paul Lee > 2018-10-16 01:14 | Report Abuse

wow...nice info
thanks uptrending...
top up again at 0.49
support support

Se V En

79 posts

Posted by Se V En > 2018-10-16 10:57 | Report Abuse

today will be 0.530?

uptrending

1,852 posts

Posted by uptrending > 2018-10-16 11:17 | Report Abuse

WOW

uptrending

1,852 posts

Posted by uptrending > 2018-10-16 11:29 | Report Abuse

August weekly volume and price range
6.8-10.8........22.84M....0.67-0.645
13.8-17.8......13.17M....0.66-0.635
20.8-24.8......15.64M....0.675-0.625
27.8-30.8.......7.19M.....0.645-0.58

The drop began after very disappointing 4Q results announced on 30th Aug...

The volume since is not significant.. as compared to May, June and July

uptrending

1,852 posts

Posted by uptrending > 2018-10-16 11:32 | Report Abuse

SIGNIFICANT VOLUME transacted at historical low price range from May to present date.

Month...Monthly Vol....Highest..Lowest..Close
May...... 92.4 million..... 0.815.....0.545...0.565
June.... 106.8 M.............0.595....0.490....0.50
July...... 226.0 M............0.705....0.49.....0.665
Aug.......68.07 M............0.675....0.58......0.58
Sept..... 33.66 M........... 0.57.......0.52.....0.525
Oct*..... 27.13 M........... 0.57...... 0.48.....0.48

* Oct is as of 12th..

Share in issue :528 M
Major Shareholders, TSR : 197 M
Free Float :331 M

Judging by the significantly high volume of shares transacted at the historical low price range of 48-70.5 amidst stronger fundamentals in the last 5 months, do you think that much shares had been collected by interested parties?

Jack888

857 posts

Posted by Jack888 > 2018-10-16 17:00 | Report Abuse

Market slow slow die ...

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-16 20:42 | Report Abuse

Takut Ada right issue to finance the big project in Taiwan macam MNRB :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-16 20:43 | Report Abuse

If they announce right issue like MNRB, the price will drop rapidly like MNRB :)

uptrending

1,852 posts

Posted by uptrending > 2018-10-16 21:55 | Report Abuse

The results of the TENDER for the Taiwan project would only be known by March 2019.
The Development cost is about 60-70B NTD Or 1.93 to 2.27B USD and the owner is the Taiwan Government.

The Nai Hai Corporation Limited and Malton consortium(80%-20%) is tendering for the CONSTRUCTION of the SUPERSTRUTURE of the project as a contractor. The tender price is only a portion of the development costs. Assume 40%, it would be 800 - 900 million Usd. Malton's 20 % portion of the project, if the tender is successful, is only 160 -180 million USD or RM660 - 750 Million. Aiyah! Chicken feed lah! Malton's 100 % subsidiary Domain Sdn Bhd, current external construction job in hand also RM 1.5 B.

As a contractor for the construction, no need a lot of working capital as it would be paid along the way.

When the tender is successful, Malton share price is going to shoot up ! Hahaha!

Posted by Cockroach Paul Lee > 2018-10-16 23:33 | Report Abuse

good promoting lol
support support ...accumulating

wonder

114 posts

Posted by wonder > 2018-10-17 00:09 | Report Abuse

I think if you look at the news from tw, the tender is actually a property development kind of contact, i guess the superstructure statement might be due to the nature of the construction as it will be constructed on the existing airport transit station. But cash flow wise, i believe thats why malton roping in CPPIB to free up approx. 300m of cash flow

uptrending

1,852 posts

Posted by uptrending > 2018-10-17 08:42 | Report Abuse

TSRDL is not so dumb to venture overseas if Malton's cash flow is tight and if the overseas venture needs so much cash that he has to call a rights issue. His focus now is to complete BJC project and the jewel, the Pavilion BJC MALL. That's why he rescinded from the Batu Kawan Project and took back more than rm 250 million cash in FY 2017.

Think in TSRDL's shoes and don't simply pluck something from the air and Blabla... Haha..

nemesis

3,990 posts

Posted by nemesis > 2018-10-17 11:14 | Report Abuse

Malton will usually do private placement, NOT Right Issue...So Don worry just buy before you regret...Price is still very low now...When Dividend is declared by end of tis mth, you will never see 0.50 again...

uptrending

1,852 posts

Posted by uptrending > 2018-10-17 11:38 | Report Abuse

. SHARE CAPITAL
The Group and the Company
2017 2016
No. of shares No. of shares
(’000) RM’000 (’000) RM’000
Authorised:
Ordinary shares - - 1,000,000 1,000,000

Issued and fully paid:
Ordinary shares
At beginning of year 448,416 448,416 448,416 448,416
Issuance of shares:
Conversion of RCSLS (Note 28) 68,490 68,490 - -
Employees’ Share Option Scheme (“ESOS”) 10,871 11,264 - -
Transfer arising from “no-par-value”
regime (Note 26) - 6 - -

At end of year 527,777 528,176 448,416 448,416

uptrending

1,852 posts

Posted by uptrending > 2018-10-17 11:41 | Report Abuse

26. Share Capital
The Group and
The Company
2015 2014
RM’000 RM’000
Authorised:
1,000,000,000 ordinary shares of RM1 each 1,000,000 1,000,000

Issued and fully paid:
Ordinary shares of RM1 each
At beginning of year 422,550 418,104
Issuance of shares:
Conversion of RCSLS 5,866 4,446
Private placement 20,000 -

At end of year 448,416 422,550

uptrending

1,852 posts

Posted by uptrending > 2018-10-17 11:43 | Report Abuse

25. SHARE CAPITAL
The Group and
The Company
2013
RM’000
2012
RM’000
Authorised:
1,000,000,000 ordinary shares of RM1 each 1,000,000 1,000,000
Issued and fully paid:
Ordinary shares of RM1 each
At beginning of year 418,104 348,353
Bonus issue - 69,671
Issuance of shares:
Conversion of RCSLS - 40
Exercise of warrants - 40
At end of year 418,104 418,104

uptrending

1,852 posts

Posted by uptrending > 2018-10-17 11:46 | Report Abuse

23. SHARE CAPITAL
Group/Company
2003 2002
RM'000 RM'000
(a) Authorised:
Ordinary shares of RM1.00 each
At beginning of the year/period 1,000,000 200,000
Created during the year/period - 800,000
At end of the year/period 1,000,000 1,000,000
(b) Issued and fully paid:
Ordinary shares of RM 1.00 each
At beginning of the year/period 348,353 174,176
Bonus issue - 174,177
At end of the year/period 348,353 348,353

uptrending

1,852 posts

Posted by uptrending > 2018-10-17 11:53 | Report Abuse

Since listed in 2002, Malton only issued
1) once a private placement of 20 millions share @RM1 per share.
2) A Rights issues of 139 million RCSLS @RM1, 7 years 6% Redeemable Convertable Secured Loan Stock, 2 for 5
3) A bonus issue of 69 million shares, 1 for 5 together with the rights issue

The rights issue was very brilliant indeed..

uptrending

1,852 posts

Posted by uptrending > 2018-10-17 12:13 | Report Abuse

Only once rights issue in 2011
2 for 5 7 years 6% RCSLS with
1 for 5 BONUS
2 for 5 free warrants..

I don't think a rights issue is necessary as Malton has a standby Credit facility of more than RM 1Billion.
If there is one like the above, the price will go up, maybe... hihi...

beso

2,137 posts

Posted by beso > 2018-10-17 12:20 | Report Abuse

in order to pare down huge debt management will soon call for right issue

uptrending

1,852 posts

Posted by uptrending > 2018-10-17 12:26 | Report Abuse

2017 Annual Report
As of 30 June 2017, the Group and the Company have the following credit facilities from licensed banks:
The Group The Company
2017 2016 2017 2016
RM’000 RM’000 RM’000 RM’000
Secured:
Term loans 742,000 677,000 - -
Bridging loans 414,968 379,968 - -
Revolving credits 223,000 173,000 90,000 40,000
Trade facilities 63,286 50,000 - -
Bankers guarantee 55,750 44,880 2,000 2,000
Bank overdrafts 28,000 28,000 - -
Islamic financing 18,000 18,000 5,000 5,000

1,545,004 1,370,848 97,000 47,000

uptrending

1,852 posts

Posted by uptrending > 2018-10-17 12:34 | Report Abuse

As of 30.06.2018
Total borrowing RM530 M
Cash and FD RM160 M

NET Debt RM370

Development Cost in current asset :RM1, 678Million

Many hundred million in the development cost for the PAVILION BJC MALL, the JEWEL..

uptrending

1,852 posts

Posted by uptrending > 2018-10-17 12:35 | Report Abuse

Share price is due to rise sharply from now! Guess what???
HA! HA! HA!

nemesis

3,990 posts

Posted by nemesis > 2018-10-17 13:43 | Report Abuse

Uptrending...u must be a substantial shareholder of Malton, tat y u know so much of Malton n hard sell it...Anyway I m with you to support Malton as I believe at current price it is deeply undervalued due to its jewel in crown Pavilion 2 Bukit Jalil...

uptrending

1,852 posts

Posted by uptrending > 2018-10-17 14:13 | Report Abuse

nemesis

I am not hard selling. I am talking of facts. I try to get retailers informed especially newbies so that they can make wiser decisions with more information. I may stop posting here unless very necessary.... I think I have posted enough info...

Thank you for reading...

uptrending

1,852 posts

Posted by uptrending > 2018-10-17 14:16 | Report Abuse

nemesis

Btw I am a small investor... :)

nemesis

3,990 posts

Posted by nemesis > 2018-10-17 17:02 | Report Abuse

Beautiful Rebound today...I guess should rise back to 0.60 after dividend announcement soon...2.5 or 3 Sen first & final dividend...

nemesis

3,990 posts

Posted by nemesis > 2018-10-17 17:03 | Report Abuse

Good job Uptrending....Sooner or later investors will flock back to Malton after realising its deep value...

dabg

51 posts

Posted by dabg > 2018-10-17 17:16 | Report Abuse

nice closing today.. not bad..

nkk53

1,426 posts

Posted by nkk53 > 2018-10-22 10:10 | Report Abuse

Pick up 0.485

Jack888

857 posts

Posted by Jack888 > 2018-10-22 15:47 | Report Abuse

Lower low ??

Posted by Pool Man > 2018-10-22 19:52 | Report Abuse

no need to rush buying this stock =p

Alibaba

273 posts

Posted by Alibaba > 2018-10-22 19:58 | Report Abuse

Will further down. TP 4.750

Posted by SuperVegetto > 2018-10-23 22:39 | Report Abuse

good defensive stock, all other stocks drop till pokkai. this 1 ady btm~~ nice

Jack888

857 posts

Posted by Jack888 > 2018-10-25 05:40 | Report Abuse

Dow 30 24,583.42 -608.01

l3ryan

669 posts

Posted by l3ryan > 2018-10-25 16:03 | Report Abuse

Accumulation mode on

Posted by SuperVegetto > 2018-10-26 11:23 | Report Abuse

SPB wow, can this happen to malton too?

beso

2,137 posts

Posted by beso > 2018-10-26 12:10 | Report Abuse

upstair asking this question means you do not know both company
let me share some opinions to you
why big bosses wanted to take it private? bcos company highly profitable & no debt so they do not want to share profit with you
spb is a net cash company that why proposed to take private
malton is a high debt company bosses would like to share their debt burden with you, so do you think it will be taken private? obviously no.

JamesPond

429 posts

Posted by JamesPond > 2018-10-26 14:43 | Report Abuse

Besides Malton high in debt, Desmond probably pokkai also. His shareholding in WCT lost > RM400M!!!!!!

dabg

51 posts

Posted by dabg > 2018-10-26 14:49 | Report Abuse

u pokkai he oso havent pokkai la

JamesPond

429 posts

Posted by JamesPond > 2018-10-26 15:10 | Report Abuse

@@dabg. I was merely kidding. The market so bad lately. Just say stupid thing to cheer myself only.

nemesis

3,990 posts

Posted by nemesis > 2018-10-26 23:05 | Report Abuse

Pls Buy on Monday as Dividend will be announced on 29th or 30th...2.5 or 3 Sen first & fina Dividend...

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