Posted by rogers123 > 2017-01-02 10:36 | Report Abuse

Huge land bank but no money to develop, develop but no demand. Mustapha Kamal is Tun people. Wont get any project in the future.

Posted by rogers123 > 2017-01-02 10:38 | Report Abuse

Invest only in the company u known it well. Not only read the FS

Posted by steveooikp > 2017-01-02 11:34 | Report Abuse

rogers123 --- they don't care is Tun, Tu, Lan or Hai people...

so long as got donation then is his people...

they only recognize gong gong head...

Posted by Angielim9955 > 2017-01-02 15:13 | Report Abuse

goldentriangle thanks
and goldentriangle deside mkland , you really no see other property counter
Then I must really monitor mkland
seem the best for you ?

Posted by nemesis > 2017-01-02 15:36 | Report Abuse

Wow it seems tat Golden has become the spoke person for Mkland the the MR Know-All of Mkland...U speak well of Mkland but sad to say tis counter hasn't reward you at all...still sluggish!

Posted by nemesis > 2017-01-02 15:47 | Report Abuse

Corporate governance quite weak so far as NO share buyback has been done till now bcos the company itself has little confidence on its financial performance...if the company think tat the share price is undervalued, MK would 've exercise Share Buyback long time ago to invest in its own company stock...At 0.28 if u think it is cheap, then how come Mk reluctant to do share buyback at current low price? So are u ignorant or the management is unwise? Pls think about it!!!

Posted by steveooikp > 2017-01-02 15:49 | Report Abuse

nemesis.. I thought last time you are the spoke man for mkland?

what happen to those mkland shares that you have?

are you still holding those shares?

Posted by steveooikp > 2017-01-02 16:08 | Report Abuse

very funny...

huge landbanks... lastime... those experts give TP 70 sen TP 80 sen...

hahaha

now 28 sen...

Posted by steveooikp > 2017-01-02 16:11 | Report Abuse

stock markets is an art...

no need calculation...

up base on news....

once news release, down like hell....

Posted by steveooikp > 2017-01-02 16:18 | Report Abuse

see those who bought mqtech.... kfm... puc...

not sure who will be the last batch...

once down... maybe forever down until is gone...

penny stock... sometimes only goreng once ... and no more...

Posted by steveooikp > 2017-01-03 07:39 | Report Abuse

golden....

see those experts gave TP so high 60 sen... 80 sen...

fking expert

Posted by Jolin Lai Chi Pet > 2017-01-03 07:47 | Report Abuse

last time, nemesis talk like a sifu at here about huge landbank, cash rich, acre and blah....blah...blah.... but now, what happen? really worry lah. is this guy still ok?

Posted by steveooikp > 2017-01-03 08:23 | Report Abuse

yes.

huge landbanks, cash, .... if they don't share with minor shareholders, those are unless, only the directors will benefit by awarding themselves millions of salaries, millions of bonuses, luxury cars.....

I am still holding mkland at high price and do not intend to average down. Once the price reach almost my buying price, I will cut loss to the minimum.

Posted by nemesis > 2017-01-03 15:10 | Report Abuse

Jolin...Are u mentally retarded? It seems tat ur Chibet Down Syndrome is worsen...Take ur medicine on time yaa...Don worry about me cos I m very prosperous now...Take care of ur health boy!

Posted by Angielim9955 > 2017-01-03 17:18 | Report Abuse

nemesis , hi there , dont so angey la, is happy new year and cny coming
even I loss 30% money in this Mkland I also not angry ,
happy will bring good luck TO YOU
all the best nemesis

Posted by nemesis > 2017-01-03 19:56 | Report Abuse

Haha...I m not angry just tat tis small boy jolin always talk rubbish without even contribute any useful knowledge to tis forum...he is very sick with down syndrome, emotion always unstable with mood swing...PLS take ur medicine boy...

Posted by Angielim9955 > 2017-01-03 22:41 | Report Abuse

nemesis,you say jolin is a BOY ?, JOLIN is a girl?

Posted by nemesis > 2017-01-04 01:27 | Report Abuse

Of course he is a boy...a small boy

Posted by Sales > 2017-01-04 13:26 | Report Abuse

Goldentriangle I want to see you in KNM i3. Why so quiet?

Posted by ivan9511 > 2017-01-05 01:10 | Report Abuse

goldentriangle , goledn , do you mind I ask you some advise ?
My little brother is a uberdriver, last week when he drive his csutomers back to home , then in the mid of the highway , he feel cannot tahan need to kencing emergency , because he claim alreday come out cannot hold any longer ,
so he stop his car beside the road and piss beside the road .
then suddenly a car pass by and horn him because he piss on the road.
So now my little brother a bit worry the guy will report him to Polis
because he just new become a driver so very scare Polis will saman him if the guy go balai polis report him kencing on the road /
So goldentriangle do you know in Kl if kencing beside the road will get saman ?

Posted by Angielim9955 > 2017-01-05 16:28 | Report Abuse

ivan , I think polis not going to saman anyone piss on the road ?
but I not sure see golden comment ?

Posted by Angielim9955 > 2017-01-06 01:02 | Report Abuse

oil up but mk like snail

Posted by steveooikp > 2017-01-06 16:58 | Report Abuse

mk must eat Viagra.....
no hole to poke...

Posted by steveooikp > 2017-01-06 16:59 | Report Abuse

when I see goldentriangle ... seems like the previous nemesis.....
hahaha....
very optimistic on mkland...

Posted by sctan > 2017-01-06 17:01 | Report Abuse

no good news on Mk, how to go up?

Posted by steveooikp > 2017-01-06 17:05 | Report Abuse

got a lot of good news...
see goldentriangle....
huge landbanks... boss handsome.... boss hardworking... boss intelligent... boss' mistress very beautiful.... boss' wife like altantuya....

all these not consider as good news?

Posted by jen188 > 2017-01-06 17:32 | Report Abuse

Haha. closed at 0.29. consider a very good start for mkland. keep it up.

Posted by steveooikp > 2017-01-06 17:40 | Report Abuse

ya...
tonight must open Champaign and celebrate with few chicks...

Posted by nemesis > 2017-01-07 12:12 | Report Abuse

If u think Mkland is so good, then how come no analyst recommended a BUY on tis counter?

Posted by steveooikp > 2017-01-07 12:17 | Report Abuse

MK Land Berhad - Slow Start


Date: 25/11/2016


Source : PUBLIC BANK
Stock : MKLAND Price Target : 0.50 | Price Call : BUY
Last Price : 0.29 | Upside/Downside : +0.21 (72.41%)

Back
--------------------------------------------------------------------------------



MK Land started FY17 with a net profit of RM4.1m (+46.4% YoY, -1.7% QoQ), which was below expectations. The 1Q net profit only constituted 15% of our full year estimates. With no meaningful launch in FY16 in the Klang Valley and while existing inventory is still slow moving, revenue dropped 21.3% QoQ. As reported, we already expected the Group’s earnings to remain slow due to the lack of new launches and absence of land sale. The timing of new projects are still sketchy, given current tough operating environment. Pending clarity from Management, we keep our earnings unchanged for now and maintain our Outperform call from a valuation standpoint with TP of RM0.50, pegged at a c.70% discount to our RNAV estimate.
•Limited new launches. So far, it has only launched the first phase of its Residensi Suasana @ Damai condominium project. We understand that only c.65% of the 260 units were sold as at August. To recap, the development has 3 phases with combined 780 units and an estimated RM400m in value. As mentioned earlier, new sales might be helped by en-bloc sales for its new project to minimize selling risks. As for unsold stocks, we understand that it still has c.RM100m worth of unsold units from Armanee Terrace and c.RM600m from the remaining phases of the semi-detached ‘The Rafflesia”.
•Non-core asset disposal. This year, there is still no meaningful land sale transacted. Among the land earmarked for sale include its Setiawangsa land valued at c.RM96m or RM40psf and a 5-acre piece in Damansara Perdana that could be offloaded for c.RM500psf. In our RNAV estimates, we estimate the land in Setiawangsa at RM40psf and residential land in Damansara Perdana at RM200psf.
•Maintain Outperform from a valuation standpoint, and TP of RM0.50 pegged at a c.70% discount to our RNAV estimate. The current weak market environment could see the Group’s earnings drop further if there are no new projects or land sale. In addition, we believe that the Group’s asking price on the land for sale is on the high side, and hence might take longer than expected. As such, with no key earnings drivers, we believe its earnings will be under pressure in the near term.

Source: PublicInvest Research - 25 Nov 2016

Posted by steveooikp > 2017-01-07 12:18 | Report Abuse

nemesis... public buy call TP 50 sen

you don't trust public bank?

Posted by steveooikp > 2017-01-07 12:19 | Report Abuse

now you can sell everything and buy mkland...
from 29 sen... to 50 sen... make 21 sen... very good

Posted by Sales > 2017-01-07 15:21 | Report Abuse

Bank give tp price cannot trust. Will go Holland.

Posted by Sales > 2017-01-07 15:21 | Report Abuse

Need to trust your own judgement.

Posted by sctan > 2017-01-07 15:57 | Report Abuse

pbbank last time valued mkland at 0.80. now they downgrade it to 0.50. so you should know if this is good stock or not.

Posted by nemesis > 2017-01-07 16:12 | Report Abuse

Just 85 mil of unbilled sales I really quite worry About their future earnings...It should be 850 mil, NOT 85 mil for such a big company...

Posted by nemesis > 2017-01-07 19:36 | Report Abuse

Golden, at what price will u dispose ur Mkland?

Posted by nemesis > 2017-01-08 11:19 | Report Abuse

But how to go up to 0.60 when its Net profit going down? It can't go up just like tat right...

Posted by jen188 > 2017-01-09 13:01 | Report Abuse

Quickly move back to 0.30 then will have chance to go up futher.;)

Posted by nemesis > 2017-01-09 18:38 | Report Abuse

Why it is going up? Any good news?

Posted by steveooikp > 2017-01-10 11:33 | Report Abuse

nemesis ---- today's price telling you, ---- no good news.
would you like to join goldentriangle to promote this counter or you want to continue to fight with ms lai chi pet?

Posted by nemesis > 2017-01-10 14:36 | Report Abuse

The fight against Jolin Lau Chi Pet is still ON...I won't promote tis counter if management still unwilling to buy back its own shares...

Posted by steveooikp > 2017-01-10 15:12 | Report Abuse

nemesis....
You believe got ppl name as Lai Chi Pet?
I think is a he..... not a she....

Posted by nemesis > 2017-01-10 15:20 | Report Abuse

Of course it is he...a troublemaker!

Posted by nemesis > 2017-01-10 15:28 | Report Abuse

Now the major catalyst tat could drive up Mkland is its coming 3000 acres mammoth project Bandar Technopolis in Lembah Beriah...till now they are still looking for joint venture fm the middle east and japan n local companies to execute tis huge project...Mkland could strike a fortune when tis project is fully executed with success with joint venture support....So far total GDV has not yet been announced...I guess it is huge and mammoth....

Posted by steveooikp > 2017-01-10 16:53 | Report Abuse

nemesis....
TP for this counter is always damn high...
last time when the share price was 45 to 50 sen... the TP was 80 sen...
now the share price 27 to 28 sen.... TP is 50 sen....
but when can this counter go back to 50 sen?

Posted by nemesis > 2017-01-11 06:37 | Report Abuse

It is When I takeover this company! It will go all up to 5.00..

Posted by Jolin Lai Chi Pet > 2017-01-11 08:27 | Report Abuse

wah........ now talk about "takeover"................really salute to u

Posted by sctan > 2017-01-11 09:33 | Report Abuse

yes. mkland is only worth for the land they hold. if other property company like ecoworld can take over them. I think share price can easily reach 50cents.

Posted by steveooikp > 2017-01-11 09:48 | Report Abuse

hahaha....
lai chi pet wants to pick up quarrel with nemesis....

mkland --- vast good landbanks.... but share price always not encouraging.