Posted by TrippleZ > 2017-05-27 23:44 | Report Abuse

Mustapha also knows nobody will agree take private below 30sen. So privatisation is not possible at the moment.

Posted by nemesis > 2017-05-28 04:48 | Report Abuse

Even 0.50 also too low...1.00 is fair price...

Posted by paktua73 > 2017-05-28 17:20 | Report Abuse

Oldman want dive here its look like a hell swamp oldman to play with crocodile here bet at .235
Only 50 lot
blass blass splassss

Posted by paktua73 > 2017-05-28 23:09 | Report Abuse

old man write some.......

I was born in the rural small lakeside
I was a boy fishing in a lake dwarf
The land tax for life,
then one day....
come person who an entrepreneur,
build something but kill something ...
a boy was wished once
that he will revenge back,
with more ruthless and heartless
but now a boy be come big man and know..
sometimes need to be ruthless in order to achieve something,
The nature of the atrocities,
selfishness more precedence then the common good
but when old more past then aged
maturity come strikes him sincerely
forgiveness is a gift,
and it is highly valued
old man want to thanks personally
to mk...
you make..
boy dwarf becomes
a strong fighter in the hell of market arena.....

Posted by Tay Sze Yang > 2017-05-29 16:01 | Report Abuse

useless counter~ no update for the tax issue?

Posted by nemesis > 2017-05-29 16:24 | Report Abuse

They won't pay the tax penalty trust me...

Posted by ivan9511 > 2017-05-29 16:25 | Report Abuse

goldentriangle , hi golden long time no chat,
I push up the last minutes share until 0.285 again
today I in three times 0.285
at the end if I see down will push up 285 again\
mlkland is going to give good results later
pretty sure
all the best mk family

Posted by nemesis > 2017-05-29 19:19 | Report Abuse

Hi Golden...R u out of ur mind? U still dare to buy Mkland after years of disappointment...U are walking on landmine as its coming profits will be affected terribly...

Posted by ivan9511 > 2017-05-29 21:31 | Report Abuse

nenimisis. actually what you want. sometimes say mk good sometimes say mk lousy.
please don't confused others here

Posted by billionaire88 > 2017-05-29 22:36 | Report Abuse

It the price falls below .26, it will go lower. .26 is a 5 year low.

Posted by nemesis > 2017-05-30 22:55 | Report Abuse

Pls don be so naive...

Posted by nemesis > 2017-05-30 22:56 | Report Abuse

0.50 is next 5 yrs, NOT next mth...

Posted by Kelcck > 2017-05-31 19:31 | Report Abuse

Mkland will definitely up next mth

Posted by Kelcck > 2017-05-31 19:38 | Report Abuse

To 0.35 follow by 0.4 to 0.5

Posted by Kelcck > 2017-05-31 19:39 | Report Abuse

Nta 1.00 super under value

Posted by billionaire88 > 2017-06-01 07:25 | Report Abuse

Rm4m profit. They need to do this for 11 quarters to recover the RM80m tax penalty, after netting off gain from sale of Perak Land for RM32m....

Posted by Louisngu > 2017-06-01 08:37 | Report Abuse

buy buy buy.... should not be 80m. If 80m tax mean MKland very profitable.

Posted by Kelcck > 2017-06-01 08:54 | Report Abuse

mkland gogogo

Posted by ivan9511 > 2017-06-01 19:39 | Report Abuse

actually meland this time qr is acceptable.now just wait some good news to push up

Posted by desmondkee > 2017-06-02 13:53 | Report Abuse

Merger or take over would Be good catalyst

Posted by sengkee > 2017-06-02 13:55 | Report Abuse

80 million compared to Magnum's 450 million is 5 times lesser

Posted by billionaire88 > 2017-06-02 20:25 | Report Abuse

Yay! Up half sen today!

Posted by ivan9511 > 2017-06-03 02:19 | Report Abuse

actually mkland is very undervalued. seem like insasa last year.
mkland if 50 sen also possible

Posted by nemesis > 2017-06-03 13:26 | Report Abuse

The market has undervalued mkland for a long time...

Posted by ivan9511 > 2017-06-05 01:35 | Report Abuse

Market Capital (RM)
: 344.07m
Number of Share
: 1.207b
EPS (cent)
: 1.38 *
P/E Ratio
: 20.65
ROE (%)
: 1.42
Dividend (cent)
: 3.000 ^
Dividend Yield (%)
: 10.53
Dividend Policy (%)
: 0
NTA (RM)
: 0.970
Par Value (RM)
: 1.000



Mkland Nta is increasing y by year.
and for this recent disposed land , cash rich lo,
actually I really look good at mkland ,
hope public can read carefully their finacial report ,
mkland keep making net profit for few years alreday no matter much or less profit still net profit at the end even when at last time ecomomy no good time still can continue made net profit
so mkland deserved better .
hope the boss tolong sikit bolek kah ?

Posted by nemesis > 2017-06-05 12:27 | Report Abuse

No matter how undervalued it is, as long as majority of investors have a negative perception on mkland, the share price will forever dampened...So far NO institutional investors have interest to acquire tis stock, even the management itself not willing to buy back its own shares even though the share price is depressed...So management not interested to boost its share price at all...

Posted by nemesis > 2017-06-05 12:33 | Report Abuse

So I still not understand WHY if the management think tat the share is undervalued, why till now they didn't exercise share buyback of its own shares even though there have cash to do tat...Have u ever ask WHY?

Posted by nickyeo55 > 2017-06-05 13:44 | Report Abuse

Nemesis then why don't u dispose off all your Mkland so that u don't have to think of it ? I may consider to do this myself.

Posted by nemesis > 2017-06-05 14:55 | Report Abuse

It is too late to dispose now since it is already fallen....

Posted by nemesis > 2017-06-05 14:58 | Report Abuse

Now I just hope for Mkland to be taken private so tat we can exit at better price...0.50 offer price should be fine with me...

Posted by CAF-POW > 2017-06-05 17:15 | Report Abuse

Major shareholder keep disposing ....and still has 193,164,815 to go .....he could easily keep disposing it for years to come ...

Posted by billionaire88 > 2017-06-05 20:23 | Report Abuse

Actually in my view, only property counters with recurring income can maintain their share price in the current market condition. The current glut in property market will take years to recover. Until then, counters like MK Land will continue to have their share price depressed. It's a battle of holding power. How long can MK Land sustain its operation when it could not launch any meaningful project and having to pay interest for its land bank? Not only developers, there are many property investors holding their guts out. My gut feel is that the property market have not seen its worse yet. How long can these people hold?.....

Posted by nemesis > 2017-06-05 20:50 | Report Abuse

Hi Billionaire88...mind to share WHY mkland has to pay interest for its landbank? As far as I know, MK is in Net cash position with zero borrowings...Net cash of around 40 mil...So they don have to pay any interest for their landbank even during property slowdown...All their landbank was acquired at very low price dealing with govt under land privatization last time during the mahathir era...So Mkland has nothing to worry if the property recession lasting for years to come as they have no debts to pay...At any time they need extra cash flow they just sell small plot of land in Damansara tat could bring in few hundreds million cash flow...I admit Mkland is not so profitable but they are very rich in asset n landbank...BUT sad to say in malaysia the majority of investors emphasized too much on earnings of a company till they are reluctant to see the underlying hidden undervalued assets behind a company...Earnings can change suddenly BUT assets will remain constant n UP as time goes by...It is the ignorance investors tat failed to see values behind the underlying assets...Tat explained why those companies with weak earnings BUT high in assets value remain stagnant n ignored...It is the investors mentality tat is to be blamed....

Posted by nemesis > 2017-06-05 20:54 | Report Abuse

Even the 80 mil tax penalty is nothing to mkland compare to the assets they own tat is worth few billions...they just need to dispose more land to offset it...just give them some time as selling land at good price needs longer time....

Posted by Kelcck > 2017-06-06 17:03 | Report Abuse

Mkland is coming

Posted by nemesis > 2017-06-06 17:09 | Report Abuse

Coming or Kambing?

Posted by ivan9511 > 2017-06-06 19:15 | Report Abuse

nemises. why you worry too much. as i know you are the super loyal on mkland. annd as we understanding you still hold your shares right. then why you keep worry.
mk qr still net profit and now got more cash . you just wait the price fly la.
40 sen is easy to hit 50 sen maybe yes also.
people is keep goreng others .mkland is a solid company no need to worry .

Posted by nemesis > 2017-06-06 23:25 | Report Abuse

Maybe the 80 tax penalty imposed on Mkland is a good news to us...At least it will force them to dispose more land to convert into cash...

Posted by ivan9511 > 2017-06-06 23:34 | Report Abuse

mkland is smart la. because mkland keep all the cash instaed of share buy back. because share buy back no longer a good strategy .mkland is a cash cow .suddenly give high dividend like 3sen also not suprise me .
just hold la. mkland worth 50sen one.
amongst all the property stock for me now got five is big big sapu.
1.mkland and osk 2.trop and cresdo.3.symlife and glomac.
just my own views . please do your homework.

Posted by Kelcck > 2017-06-07 00:04 | Report Abuse

mkland is going to start engine and fly soon..collect enough

Posted by nemesis > 2017-06-07 08:24 | Report Abuse

Ivan is Glomac really good?

Posted by hng33 > 2017-06-07 10:42 | Report Abuse

:D)

Posted by nemesis > 2017-06-07 17:45 | Report Abuse

Mkland is really staging a rebound...

Posted by ivan9511 > 2017-06-08 00:44 | Report Abuse

@nemesis Ivan is Glomac really good?
nemesis, hard to said la, but for me is still hold like mkland , actually I hold many properties counters, because I strongly feel will play properties soon after this round crazy playing bluechips es Bank they goreng up
.
now I hold mkland osk glomac ytlland trop cresdo and also some others like toto , magnum and Parkson and many others also penny l hold
so I am rojak and toto and magnum and Parkson made me loss about 50,000
so I am not sifu enough to teach you, so I hope you all the best for all your counetrs

Posted by billionaire88 > 2017-06-11 12:09 | Report Abuse

nemesis: Hi Billionaire88...mind to share WHY mkland has to pay interest for its landbank? As far as I know, MK is in Net cash position with zero borrowings..

Latest account still show MK Land still have RM33 million borrowings. Although in net cash position, they still need to serve interest. Last quarter MK Land has to pay about RM1.5m in interest.

MK Land's last quarter operating expenses is about RM20m. So net cash position of RM40m can last them for 2 quarters only... if they don't have any cash in flow.

This is really a battle of holding power. MK Land management must creative and come up with products that market wants during this downturn. Condos above RM500k cannot sell any more. No one dares to touch unless is it very prime location.

Posted by nemesis > 2017-06-11 14:38 | Report Abuse

But u have forgotten tat the 75 mil total cash equivalent don just sit there...It is put under short term investment to earn interest tat will be used to offset the 33 mil total borrowing's interest...So on the end they still gain...Tat is the beauty of NET CASH!

Posted by ivan9511 > 2017-06-12 19:44 | Report Abuse

ya mkland is net cash . that y last few years mkland keep giving high dividend about 10% a year.
mkland at least worth 50sen .if private i suggest 80sen then only fair enough

Posted by nemesis > 2017-06-13 10:05 | Report Abuse

Now the biggest concern is the 80 mil tax penalty how Mkland gonna deal with it....Sell more land to pay the tax penalty OR challenge it?

Posted by TrippleZ > 2017-06-13 10:10 | Report Abuse

They will hire lawyers to deal with tax penalty and drag the issue for years.

Posted by nemesis > 2017-06-13 12:49 | Report Abuse

If they drag too long, the IRB will impose heavy additional penalty fine on its outstanding amt...just sell all their land is the best option...