Back to bearish mode again? This stock has been trending down for the past two weeks whereas most penny stocks are flying to the sky... Going back to twenty something?
Empire City 2 is under construction now...the location is just opposite Empire City...Empire Mammoth also planned to launch Empire City 3 in years to come in Damansars Perdana...All these prestigious developments will only increase the value of Mkland's remaining 230 acres land value in Damansara Perdana in the future...Empire Mammoth will surely buy more land from MK eventually to enlarge its landmark in Damansara Perdana...I m looking at 1000 psf of land value in 3 years to come...Its RNTA should rise to at least 3.50-4.00 per share in 3-5 years to come...Damansara Perdana will surely be another Mont kiara due to Empire Mammoth high end development in Damansara Perdana...
Since Empire Mammoth is not a listed company...Mkland is the closest you can get if you factor in the spillover effect values of Empire City development since It is situated in Damansara Perdana...Hence, we might foresee a strategic joint venture btw MK n Empire Group to develop the remaining 230 acres land owned by MKland...tis will unlock deep value for shareholders...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
nemesis
3,994 posts
Posted by nemesis > 2017-03-30 17:15 | Report Abuse
Very good support today despite profit taking...It indicates tat tomorrow will be another RISE day for Mkland