MK LAND HOLDINGS BHD

KLSE (MYR): MKLAND (8893)

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Last Price

0.18

Today's Change

-0.01 (5.26%)

Day's Change

0.18 - 0.185

Trading Volume

626,100


22 people like this.

10,215 comment(s). Last comment by singkalin 11 hours ago

apanama

3,796 posts

Posted by apanama > 2017-09-19 20:00 | Report Abuse

I dont know..i am still with my BUY CALL..because too cheap based on Discount NTA ...contra player definitely cannot cari makan..but STRATEGIC investor...this counter definitely make us tempted to add on to our portfolio...because logically, after taking into consideration all, not many counter within Property Development have strategic assets within Klang Valley and other growth area with HUGE Landback per say. :)..

kktom

394 posts

Posted by kktom > 2017-09-19 20:26 | Report Abuse

I also sold all my mkland shares at 26 to 27.Never come back again.totally lose hope.Hahahaha.

nemesis

3,994 posts

Posted by nemesis > 2017-09-19 21:19 | Report Abuse

Well done!

nemesis

3,994 posts

Posted by nemesis > 2017-09-19 21:20 | Report Abuse

U have made a right choice

nickyeo55

1,092 posts

Posted by nickyeo55 > 2017-09-20 01:54 | Report Abuse

Apanama just trust Your own judgement .
G9

nemesis

3,994 posts

Posted by nemesis > 2017-09-20 08:12 | Report Abuse

SELLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL Target price 0.24!

Posted by Jolin Lai Chi Pet > 2017-09-20 08:15 | Report Abuse

OMG, crazy already...............

nickyeo55

1,092 posts

Posted by nickyeo55 > 2017-09-20 09:02 | Report Abuse

HAHA Nemesis if u had already leave this counter why do u border about 24 cents or even lower ?
HAHA i always trust 5 % all your information only.
Happy trading

nemesis

3,994 posts

Posted by nemesis > 2017-09-20 09:51 | Report Abuse

SELLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

nemesis

3,994 posts

Posted by nemesis > 2017-09-20 10:29 | Report Abuse

Cos I want all ur MK shares Nick...Pls sell it all now...

nickyeo55

1,092 posts

Posted by nickyeo55 > 2017-09-20 12:02 | Report Abuse

HAHA I AM JUST A VERY SMALL INVESTOR, U can buy it anytime from the market when u have $$$.
Happy buying for u Nemesis.

nemesis

3,994 posts

Posted by nemesis > 2017-09-20 12:38 | Report Abuse

Good support at 0.265...very hard to acquire at 0.26...

nemesis

3,994 posts

Posted by nemesis > 2017-09-20 18:12 | Report Abuse

SELLLLLLLLLLLLLLLLLLLLLLLL

nemesis

3,994 posts

Posted by nemesis > 2017-09-21 01:01 | Report Abuse

It was done few times at 0.26 previously...very sure it will come down to 0.26 soon...if they lose 80 mil court case to IRB even better as then u will see Mkland at 0.22-23...

nemesis

3,994 posts

Posted by nemesis > 2017-09-21 08:25 | Report Abuse

Stay away fm KNM, NOT only High gearing but also suffered huge financial losses few qtrs back....

ivan9511

3,854 posts

Posted by ivan9511 > 2017-09-25 14:53 | Report Abuse

start selling down , who is press down

nemesis

3,994 posts

Posted by nemesis > 2017-09-25 16:31 | Report Abuse

Buy

nickyeo55

1,092 posts

Posted by nickyeo55 > 2017-09-25 21:06 | Report Abuse

Nemesis you should continue selling your last bit of share n be ready to buy it back at
$0.24
Happy trading

nemesis

3,994 posts

Posted by nemesis > 2017-09-26 14:43 | Report Abuse

Who is so stupid to sell at 0.24??? They must be crazy or blind right ..

kktom

394 posts

Posted by kktom > 2017-09-26 18:54 | Report Abuse

I sold some at 026 today.Hehehehe

nickyeo55

1,092 posts

Posted by nickyeo55 > 2017-09-26 19:18 | Report Abuse

Haha KKtom congratulation to U
Happy trading

nemesis

3,994 posts

Posted by nemesis > 2017-09-26 19:28 | Report Abuse

U think I believe what u said kktom...u bought NOT sold right...

nickyeo55

1,092 posts

Posted by nickyeo55 > 2017-09-27 00:22 | Report Abuse

Haha Nemesis I wonder why u like to mislead people. U can always bought it at the market without talking nuts here . Just Ask yourself , how much can u buy ? I guess by now u must be the top 10 major shareholder already. Nemesis u just have to check back what u said previously then u know why I say so .
Haha Happy buying nemesis tomorrow.
G9

nemesis

3,994 posts

Posted by nemesis > 2017-09-27 00:57 | Report Abuse

Tat is WHY I m called NEMESIS the Tyrant...

nemesis

3,994 posts

Posted by nemesis > 2017-09-27 00:58 | Report Abuse

Beholder of the Good and Evil...

nemesis

3,994 posts

Posted by nemesis > 2017-09-27 01:06 | Report Abuse

no further bad news could have bring down Mkland, cos it has hit rock bottom at 0.26...even the 80 mil tax penalty fm IRB already priced in the current price...in stock mkt anything that has reached Rock bottom will bounce back soon, as it has hit the oversold position...

nemesis

3,994 posts

Posted by nemesis > 2017-09-27 01:09 | Report Abuse

"The Fallen shall one day RISE again"

nemesis

3,994 posts

Posted by nemesis > 2017-09-27 03:27 | Report Abuse

Dato Esther Tan Choon Hwa appointed new independent director of Mkland...

yongch

1,104 posts

Posted by yongch > 2017-09-29 08:00 | Report Abuse

tp0.20!!!kikiki....

nemesis

3,994 posts

Posted by nemesis > 2017-09-29 08:54 | Report Abuse

TP 0.30 soon...

nemesis

3,994 posts

Posted by nemesis > 2017-09-29 10:12 | Report Abuse

Wow...someone is pressing down the price for cheap accumulation...

nemesis

3,994 posts

Posted by nemesis > 2017-09-29 11:43 | Report Abuse

Haha those who sold at 0.255 today is totally blind...

nemesis

3,994 posts

Posted by nemesis > 2017-09-29 11:43 | Report Abuse

And foolish

Posted by Jolin Lai Chi Pet > 2017-09-29 12:06 | Report Abuse

Foolish for u or others?

ivan9511

3,854 posts

Posted by ivan9511 > 2017-09-29 13:45 | Report Abuse

nemises you very funny . sometimes say people stupid because buy . now say people stupid because sell.
I quite confusing what your side ???

KL Boy

1,047 posts

Posted by KL Boy > 2017-09-29 14:52 | Report Abuse

I just bought 100K at 0.26. Bless me please. Hahahaa

nemesis

3,994 posts

Posted by nemesis > 2017-09-29 14:53 | Report Abuse

I m standing on both side...

KL Boy

1,047 posts

Posted by KL Boy > 2017-09-29 14:55 | Report Abuse

Bought another 100K at 0.26 too.

nemesis

3,994 posts

Posted by nemesis > 2017-09-29 15:38 | Report Abuse

KL Boy...I give you my full blessing....

Posted by billionaire88 > 2017-09-29 20:56 | Report Abuse

MK Land is too cheap liau. It's a sweet target for take over is the current management team boh kau lat.Whole company is valued at only RM300m whereas its potential GDV is in the billions. Better get some before its too late.

ivan9511

3,854 posts

Posted by ivan9511 > 2017-09-29 22:50 | Report Abuse

KL Boy @ you bot 26 is very clever than us ,
most of here bot 30 or above 30 including me , so you got 20% advantage than us , hope you untung
mkland please limit up

nemesis

3,994 posts

Posted by nemesis > 2017-09-29 22:57 | Report Abuse

Golden...what make you think u can get it at 0.23???? It will never happen Pls Don day dream yea.. if 0.23 I will sell all my belongings and sailang all hoooot in to buy over Mkland hahaha! Don make me laugh haha...0.23 NO WAY!!!!

nemesis

3,994 posts

Posted by nemesis > 2017-09-29 23:00 | Report Abuse

What I fear most is tat management intentionally pressed down the price for privatisation...BIG BOYS like IJM, mahsing, and Ecoworld should take over Mkland since it is dirt cheap now...just take over to claim their entire land n reshuffle the whole lousy management...

KL Boy

1,047 posts

Posted by KL Boy > 2017-10-02 14:36 | Report Abuse

TQ Ivan9511. Sure want to accumulate more at 26 sen. Heard from news report asking us to make noise about MK Land sold cheap cheap to Mammoth Empire in 2011 and now ME selling at a huge profits in 2017. Pls comment. TQ.

KL Boy

1,047 posts

Posted by KL Boy > 2017-10-02 16:56 | Report Abuse

Bought another 100K @ 0.26 today. Cheers. Keep for long term.

nemesis

3,994 posts

Posted by nemesis > 2017-10-02 16:57 | Report Abuse

Is there such a report? It is a good thing they sold cheap to ME last time as they turn DP into a goldmine...the remaining 230 acres Mkland now holding is the most precious land in klang valley now...Empire will buy more DP land fm Mk at very expensive price in the future

KL Boy

1,047 posts

Posted by KL Boy > 2017-10-02 17:11 | Report Abuse

.... it appears that these plots are the parcels purchased by Mammoth Empire in 2010 and 2011. Records showed that in 2010, Mammoth Empire had bought a 41-acre site and a 16.83-acre site on Jalan PJU8/8 from Saujana Triangle Sdn Bhd.

Saujana Triangle is a wholly-owned subsidiary of MK Land Holdings Bhd. Both parcels were purchased for an estimated RM130 million. The price of the larger parcel was an estimated RM55 per sq ft, and the smaller one at RM40 per sq ft.

In 2011, Foster Estate purchased another parcel of land along Jalan PJS 8/8. This 6.33-acre parcel was purchased from Crest Builder Sdn Bhd, a unit of Crest Builder Holdings Bhd, at RM57.53 million or RM208 per sq ft.


RM 40 per sq ft versus RM 208 per sq ft, why is the land bought from Crest at a price 5.2 times as high as the land bought from MK Land, roughly at the same time?

The difference looks extreme, minority shareholders of MK Land should query their company if the land was sold too cheap...Quote extracted from MA Wind.

djibaok

1,183 posts

Posted by djibaok > 2017-10-02 21:51 | Report Abuse

woi sulah naik stengah sen lohhh ini hali

nemesis

3,994 posts

Posted by nemesis > 2017-10-03 02:42 | Report Abuse

KL Boy...u ve raised a very good question here Well done! Why Mkland was so dumb to sell its DP land to Mammoth Empire at such a far below market value price...Wow 58 acres of Damansara prime landbank sold to Empire at just 130 mil What a stupid deal!...today Empire is advertising tis 58 acres for sale at 800 mil, more than five times higher than what Empire paid to MK last time...OMG why sold so cheap to Empire????? NOW they are laughing to sell tat land at 800 mil...they could rake in at least 600 mil net profit for tis plot of land sale...It is proven once again tat MK management is so weak and unwise tat they failed to see the future value of its landbank...it is proven in its share price too...A company tat has massive landbank but share price depressed at 0.26...very disappointing...Mkland really needs intelligent new blood to push the company forward...All of us here wanted to know why MK sold so cheap to Empire last time, and because of tis land sale also, Mkland is slapped with 80 mil tax penalty, really double impact for Mkland...

nemesis

3,994 posts

Posted by nemesis > 2017-10-03 02:55 | Report Abuse

I m very sure the current land in which Empire City is sitting on now was also purchased fm Mkland too at dirt cheap price last time...bcos it was reported Empire so far has purchased 4 plot of strategic DP land from Mkland at dirt cheap price from 2007-2011...tat is where the 80 bil tax bill penalty comes from...If they didn't sell to Empire last time, Mkland won't be in deep shit with the tax penalty n have larger plot of Damansara perdana landbank...

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