MK LAND HOLDINGS BHD

KLSE (MYR): MKLAND (8893)

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Last Price

0.185

Today's Change

+0.005 (2.78%)

Day's Change

0.18 - 0.185

Trading Volume

42,000


22 people like this.

10,216 comment(s). Last comment by dasan784 3 hours ago

yongch

1,104 posts

Posted by yongch > 2015-12-17 16:08 | Report Abuse

Recently saw tp0.30...really hopeless counter!!

Posted by Jolin Lai Chi Pet > 2015-12-20 21:01 | Report Abuse

but nemesis said good...................................huge landbank and cash????

nemesis

3,994 posts

Posted by nemesis > 2015-12-21 17:51 | Report Abuse

Good doesn't mean it is a good investment...pls take note....I said good doesn't mean u need to buy it...

xfighter

223 posts

Posted by xfighter > 2015-12-22 08:57 | Report Abuse

It is good for everyone to share info here eventually we need to trade at our own risk ...

nemesis

3,994 posts

Posted by nemesis > 2015-12-27 15:09 | Report Abuse

Wahhh so quiet now ...

koonbee9

674 posts

Posted by koonbee9 > 2015-12-27 15:10 | Report Abuse

Stupid public bank research gv tp 0.80...lousy research house

nemesis

3,994 posts

Posted by nemesis > 2015-12-27 17:19 | Report Abuse

It is 10 yrs long term price target...if u factor in the coming 2018 stock market crash plus the property recovery it will surely take at least 10 yrs time...if we can't wait tat long, then switch to other speculative stocks...

nemesis

3,994 posts

Posted by nemesis > 2015-12-27 17:20 | Report Abuse

Property sector will plunge to vicious cycle before it bounces back for recovery....

mamafarah

97 posts

Posted by mamafarah > 2015-12-31 09:43 | Report Abuse

Dividend Sudah masok

wan161

515 posts

Posted by wan161 > 2015-12-31 12:16 | Report Abuse

bila mau rebound ini counter...

nemesis

3,994 posts

Posted by nemesis > 2016-01-01 22:41 | Report Abuse

10 tahun masa depan...Sabar! 10 years AT LEAST...

nemesis

3,994 posts

Posted by nemesis > 2016-01-02 11:28 | Report Abuse

1) property recession, 2) bad name n reputation 3) weak management 4) uninteresting property launching...these factors will surely draw investors away fm mkland...unless management do something extraordinary great to change investors perception of tis counter, there is no way it could rise back...

nickyeo55

1,092 posts

Posted by nickyeo55 > 2016-01-02 23:59 | Report Abuse

so time to sell now ?

nemesis

3,994 posts

Posted by nemesis > 2016-01-03 18:50 | Report Abuse

Price will surely fall back to 0.31-0.33 soon...Dividend I predict will only be 2 sen for 2016 instead of 3 sen last year

nickyeo55

1,092 posts

Posted by nickyeo55 > 2016-01-03 23:45 | Report Abuse

so nemesis have u sold all your share ? can make at least another 12% if u can collect it back later.

nemesis

3,994 posts

Posted by nemesis > 2016-01-04 00:45 | Report Abuse

I m selling now...

DreamMaster

1,157 posts

Posted by DreamMaster > 2016-01-04 00:47 | Report Abuse

why selling

kahfai211

822 posts

Posted by kahfai211 > 2016-01-04 00:48 | Report Abuse

Will drop back to at least 35 sen..try queue at 32 sen if can

Posted by DreamSoldier > 2016-01-04 01:27 | Report Abuse

how you know

nickyeo55

1,092 posts

Posted by nickyeo55 > 2016-01-04 07:49 | Report Abuse

RSI below 30 now ? Why do u want to sell ?
Can someone help to explain ? I thought to sell when RSI is high. Eg when it is over 90%

nickyeo55

1,092 posts

Posted by nickyeo55 > 2016-01-04 07:52 | Report Abuse

Glad to know that nemesis selling because when he is worried I think the stock can start to rebound.

Posted by Jolin Lai Chi Pet > 2016-01-04 07:59 | Report Abuse

i'm glad nemesis admit is wrong doing..............respect nemesis for now!!!!

nemesis

3,994 posts

Posted by nemesis > 2016-01-04 15:34 | Report Abuse

Sold 100 lot at 0.365 today...more disposal tomorrow...

nemesis

3,994 posts

Posted by nemesis > 2016-01-04 16:28 | Report Abuse

Sold another 100 lot

nickyeo55

1,092 posts

Posted by nickyeo55 > 2016-01-04 18:29 | Report Abuse

Nemesis I will help to support a little bit when it drops to 0.315
.

kktom

394 posts

Posted by kktom > 2016-01-04 19:19 | Report Abuse

I buy back at 0.30.

singkalin

550 posts

Posted by singkalin > 2016-01-05 17:31 | Report Abuse

Time to wake up Mr Lau.

nemesis

3,994 posts

Posted by nemesis > 2016-01-06 04:15 | Report Abuse

Therefore I m calling for a SELL on tis counter due to its slow project n weak target launching...Given its size n large share outstanding Mkland is supposed to achieve at least 10 bil in GDV project development...Currently it is even less than 1 bil GDV...Pls don waste time developing its landbank in perak as its is low cost housing development, it won't bring in much profit...it is still a SELL call for me with fair value of 0.28 only...SELL as it is not worth waiting for tis slow snail...it is almost 9 yrs since 2008 recession n Mkland is still trading below 0.40...What has gone wrong???

nemesis

3,994 posts

Posted by nemesis > 2016-01-06 04:18 | Report Abuse

What a shame tis 8- year bull market failed to ignite Mkland...it's 0.80 target price is just a laughing joke...it is so funny....

yongch

1,104 posts

Posted by yongch > 2016-01-06 14:19 | Report Abuse

finally got 2cents dividend rcvd chq today but still lost 2cents...:(

singkalin

550 posts

Posted by singkalin > 2016-01-06 15:26 | Report Abuse

Sleeping Beauty & The Seven Dwarf. Where is the prince????
Still sleeping. Need to wake up the princess.

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2016-01-08 10:48 | Report Abuse

If you look at their historical price performance for the past 8 years, you want to cry also no tears !!

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2016-01-08 10:49 | Report Abuse

I think MK Land is value trap share No.1 in bursa like Kuchai etc !

nemesis

3,994 posts

Posted by nemesis > 2016-01-08 16:12 | Report Abuse

It is time to sell tis crap....I bet 10 yrs later the share price might still be trapped at 0.35...the management just doesn't care about creating values for shareholders...So don waste time anymore...

yongch

1,104 posts

Posted by yongch > 2016-01-17 20:53 | Report Abuse

Aiyoo..bumi share in msia...what can u expect more?...10-20yrs remain as same price is normal la...as long tak bangkrupt sudah banyak bagus lo!!kekeke...

kktom

394 posts

Posted by kktom > 2016-01-29 20:32 | Report Abuse

Its time to BUY now

nemesis

3,994 posts

Posted by nemesis > 2016-02-10 04:09 | Report Abuse

Why it is time to buy now?

kktom

394 posts

Posted by kktom > 2016-02-10 15:04 | Report Abuse

work on the opposite!You sell I will buy bit by bit.

nemesis

3,994 posts

Posted by nemesis > 2016-02-10 18:28 | Report Abuse

I already disposed half of my holding in Mk at 0.42-0.45...Maybe it is time to grab it back...dividend of 1 cent is coming next mth...yea it is time to buy back...

nemesis

3,994 posts

Posted by nemesis > 2016-02-10 18:36 | Report Abuse

Its affordable housing project in Klebang putra, lembah beriah will kick start tis coming 2nd half of 2016 with over 500 mil GDV for the first phase spanning over 200 acres of land out of its 4000 acres of total landbank in perak...pls hear tis jolin Lai Chii Pett...I don wan u to lose money in the stock mkt again...really pity!

nemesis

3,994 posts

Posted by nemesis > 2016-02-16 15:55 | Report Abuse

How come everybody is dead silence on tis counter???? Where are all the Mk 's comrades...

kktom

394 posts

Posted by kktom > 2016-02-17 16:00 | Report Abuse

still buying

nemesis

3,994 posts

Posted by nemesis > 2016-02-17 19:23 | Report Abuse

Of course...Dividend is coming....

nickyeo55

1,092 posts

Posted by nickyeo55 > 2016-02-17 21:49 | Report Abuse

haha Nemesis how do u know ? ?????

nemesis

3,994 posts

Posted by nemesis > 2016-02-17 22:19 | Report Abuse

Don believe me? just watch n see and believe...

nemesis

3,994 posts

Posted by nemesis > 2016-02-18 01:23 | Report Abuse

Mkland must sell at least some land in Damansara Perdana tis year otherwise its 2017 financial profit will be under pressure...No need much, just 10 acre of DP land will do to secure a steady income to maintain good dividend...10 acre of DP land will surely worth at least 100 mil enough to pay 4 sen dividend per yr...It still has 230 acres total landbank in Damansara Perdana and about 210 acre of landbank in Damansara Damai Sg Buloh...RNAV stood at around 2.20-2.30 per share compare to its current share price of 0.365...crazy discount to its RNAV...it still has 4000 acre landbank in perak which they will start to develop tis yr, and the rest in setiawangsa KL n some in kedah, langkawi...230 acre of land in DP alone is worth at least 2 billion+++ currently...the remaining of 4770 acre landbank u count yourself ok...

nemesis

3,994 posts

Posted by nemesis > 2016-02-18 01:50 | Report Abuse

Let's do a simple calculation of Mkland's total landbank value...I might not be correct but I will stick to estimate current land value Psf...230 acre in Damansara Perdana= 2 bil, 210 acre in Damansara Damai= let say estimate 1 billion, 4000 acre in perak= 500 mil estimate, 55 acre in Setiawangsa = 140 mil, 400 acre in kedah = 150 mil estimate...TOTAL up is 3.7 billion...So 3.7 mil deduct its reported 700 mil land held for development in its balance sheet u will get 3 bil of excess revaluation...So 3 bil divided by its 1.2 bil total share outstanding u will get??????

nemesis

3,994 posts

Posted by nemesis > 2016-02-18 01:57 | Report Abuse

It is 2.50 per share in surplus revaluation....Finally 2.50 plus its latest NTA 0.98= 3.48 RNAV...So MK might worth above 3.00 RNAV per share...I might be wrong in my calculation formula, pls do ur own analysis and tell me ur result...Good night!

nickyeo55

1,092 posts

Posted by nickyeo55 > 2016-02-18 13:19 | Report Abuse

Haha Nemesis I though when the price was below 40 cents u curse n told us that u will sell all your holding . U also believe that after 10 years the price still cannot move upward . So must go downward Loh . So why now talk differently again ? I am waiting for u to sell till the price drop to 31.5 cents .
Nemesis joking only lah . Just to tell u that u talk n act differently. In fact this is the time to buy .
Enjoy buying .
Happy trading n have a nice day

nemesis

3,994 posts

Posted by nemesis > 2016-02-18 13:55 | Report Abuse

Already bought back some after dividend EX....Anyway the longer MK keep DP land the more valuable it is...Its RNAV will rise year to year...Actually no need to launch any projects, sell land already enough to send the price to 1.00...Just sell all the 230 acre DP land to empire mammoth then MK share price will be worth at least 1.50 per share...hope they will do that n declare 1.00 special payment to all the shareholders....

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