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 12 hours ago

nemesis

3,994 posts

Posted by nemesis > 2017-10-03 02:59 | Report Abuse

Better dump the stock lar no point keeping...very disappointed with the management...

nemesis

3,994 posts

Posted by nemesis > 2017-10-03 03:13 | Report Abuse

SELL SELL SELL

apanama

3,796 posts

Posted by apanama > 2017-10-05 08:27 | Report Abuse

Even if they lost to LHDN ...the NTA is still solid...:).. it will break 30sen and above as long as PKASI and his gang do not throw la..:)

nemesis

3,994 posts

Posted by nemesis > 2017-10-05 08:50 | Report Abuse

The BIG ??????? Is WHY they sold DP land to Empire Mammoth at 5 times lower compared to what Empire Mammoth paid to Crest Builder...Those are Prime land bank OK and it was disposed at far below 80 psf...it is worth at least 300 psf today...something is very wrong here!

nemesis

3,994 posts

Posted by nemesis > 2017-10-05 09:02 | Report Abuse

Tat plots of land sold to Empire has become a jewel to Empire Mammoth nowaday...Now they aborted their plan to develop Empire City 2 n put the land for sale at a whopping 800 mil...Wow what a handsome profit... Really thanks to MK for selling cheap cheap last time...Sigh!

tai yee

697 posts

Posted by tai yee > 2017-10-05 10:54 | Report Abuse

i always see MkLand as sunset company. They have no launching of new project except Rafflesia, which unit was completed years ago. can a company survive without income? or the company is totally cash rich.

nemesis

3,994 posts

Posted by nemesis > 2017-10-05 12:27 | Report Abuse

They are not aggressive and bold at all...

nemesis

3,994 posts

Posted by nemesis > 2017-10-05 14:05 | Report Abuse

Alamak down again!!!

KL Boy

1,047 posts

Posted by KL Boy > 2017-10-05 17:42 | Report Abuse

MK himself is an old man and is ever ready to let go of his business. Any takers in the market can easily take over the business at 26 sen now. The management team inside the group is well qualified and experienced in the field. No worry. Only the change of shares is coming soon once MK announced his total retirement. Same same story I assume for ASB - Ahmad Sebi for Advance Synergy Berhad. Both ASB and MK Land are very successful and cash rich companies. Only time will come that their shares will fly to the NTA levels.

nemesis

3,994 posts

Posted by nemesis > 2017-10-05 20:17 | Report Abuse

When? 20 years later???

kktom

394 posts

Posted by kktom > 2017-10-05 20:36 | Report Abuse

EM making tons of money fr mkland sale bcos the boss is tong yan against fun yan.hahahaha.
EM sees the future mk did not.

nemesis

3,994 posts

Posted by nemesis > 2017-10-05 20:49 | Report Abuse

Very disappointed tat MK just gave the the away at damn cheap price, some more the land is just beside main road...I as a shareholder felt deeply frustrated...I hope the remaining 230 acres MK will keep it tight for the next 50 yrs or when it reaches 1000 psf.. Don repeat the same mistake...Plsssss...No point to sell land then The IRB LHDN start chasing them for additional tax penalty...it was a double blow n loss for Mkland for selling the land to Empire...On the brighter side Empire has transformed DP into a remarkable city tat brings values to both parties...Mkland alone can't carry out big project like Empire City...So Give n take...

nemesis

3,994 posts

Posted by nemesis > 2017-10-05 20:50 | Report Abuse

Nick, where are you? Haven't you got anything to say about this issue?????? Why u keep silent...

nickyeo55

1,092 posts

Posted by nickyeo55 > 2017-10-06 12:26 | Report Abuse

Nemesis I am waiting for the reply from 'someone' b4 I write something.

nemesis

3,994 posts

Posted by nemesis > 2017-10-06 14:40 | Report Abuse

Ok waiting for Ur reply soon

nickyeo55

1,092 posts

Posted by nickyeo55 > 2017-10-07 16:23 | Report Abuse

Nemesis till now no reply from him . Look like is true they sold it at a lower price .

kktom

394 posts

Posted by kktom > 2017-10-07 17:36 | Report Abuse

Didn't they have valuer to value to land b4 they sell?That is why i say tong yan are smart!

nemesis

3,994 posts

Posted by nemesis > 2017-10-07 23:25 | Report Abuse

Ask MK to use 800 mil to buy back the land fm Empire...Ask Jolin Lai Chi Pet to be witness tis time to make sure no more hanky panky things lurking behind...4 plots of prime landbank sold to Empire at dirt cheap deep far below mkt value price tat has also caused 80 mil tax penalty...Jolin Pls say something...

nemesis

3,994 posts

Posted by nemesis > 2017-10-07 23:28 | Report Abuse

MK lost the 58 acres land + 80 mil tax penalty...huge losses really beyond calculation...

ivan9511

3,854 posts

Posted by ivan9511 > 2017-10-09 15:48 | Report Abuse

no hope ,
sure die mkland

ivan9511

3,854 posts

Posted by ivan9511 > 2017-10-09 15:49 | Report Abuse

mkland please clever, land is like gold , gold is expensive

Gentlemen

166 posts

Posted by Gentlemen > 2017-10-09 22:07 | Report Abuse

From Cold Eye 孙子兵法:

''上市公司作为发展用途的土地,不能重估价值,所以,有些上市公司在二三十年前买进的土地,在账目中仍然保持买进时的价格,这类股票价值被严重低估,但是由于盈利表现差,股价长期不振,买这类股票的散户也不能受惠,故投资者在买产业股时,也要特别注意有关产业公司的经营理念,以免资金被困。买进土地后长期不发展,大股东最后以廉价将公司私有化,小股东如哑子吃黄连,有苦说不出,故小股东买股前最好睁大眼睛看清楚大股东的面目才做出决定。

This is exactly what the situation happened to the Mkland's shareholder like us. The company is much undervalued, however due to the its lousy performance and management, we can't take any advantage from this huge meat. Only benefits to the major shareholder after it being privatized with very low share price.

I'm too late to realize this. :(

ivan9511

3,854 posts

Posted by ivan9511 > 2017-10-09 22:27 | Report Abuse

mkland now must be very happy share price only 25sen. later either mkland boss buy back his share or announce private also easy job . last time bot in abot in above 50 or 60sen will have a very funny questions is : why mkland never made loss on qr and why nta above 90sen and why this season qr net profit keep improve why all those good news will make the share keep drop to lowest and lowest . the boss say because I want all your money become my money hahaha

nemesis

3,994 posts

Posted by nemesis > 2017-10-10 01:09 | Report Abuse

Latest Company to be taken private is Hovid... Mkland might be NEXT...

nemesis

3,994 posts

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

At what price do u think Mkland is worth if taken private???

Will84

29 posts

Posted by Will84 > 2017-10-10 09:25 | Report Abuse

This counter totally cannot earn... only make loss no matter how much we enter.... speechless

Primelife

336 posts

Posted by Primelife > 2017-10-10 12:13 | Report Abuse

Just sapu 2.5 heheh...cheapest stock with unlimited upside counter I can ever find muackzz

Primelife

336 posts

Posted by Primelife > 2017-10-10 12:14 | Report Abuse

oops 2.6 now haha

Primelife

336 posts

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

that's the way to scare away all.the small fish...so they can buy back at cheap price and once up no way people gonnaold msn catch cunning mk

nemesis

3,994 posts

Posted by nemesis > 2017-10-10 13:29 | Report Abuse

U might be stepping on a landmine Primelife! It might go cheaper...

ivan9511

3,854 posts

Posted by ivan9511 > 2017-10-10 18:04 | Report Abuse

actually I agreed now is very cheap .
if private at least 50sen to 70sen.
mkland still a profit counter just the boss too greedy earn many money and sell land but no dividend no special dividend. they should give dividend

nemesis

3,994 posts

Posted by nemesis > 2017-10-10 18:40 | Report Abuse

U think they are tat generous to offer you 0.50 if taken private...dream on...

ivan9511

3,854 posts

Posted by ivan9511 > 2017-10-12 00:14 | Report Abuse

now at least safe at 255.
people already know the price is undervalued .
just wait
mkland such high nta sure ada come in one day

nemesis

3,994 posts

Posted by nemesis > 2017-10-12 10:00 | Report Abuse

What if they push down to 0.20 and then privatise at 0.26 Sen...

ivan9511

3,854 posts

Posted by ivan9511 > 2017-10-12 17:39 | Report Abuse

nemesisi. you worry too much . I told you I buy mkland above 30sen last time flying up until 36sen but I didn't sell any of it . however when down to 25sen I also did not average down .
what I want to mean is if you keep tension about mkland is no point .
yes it can flying limit up back to 50sen and also can going down back , because this is a gamber . so for those buy in at 25 or 26sen is very lucky just like kena 4d.
examples hisbicus I bot in 40sen few years agao then go fown to 10 sen now go back to 75sen
like aasia and drb and pos and cimb and aax and xox and xinghe and maxwell .
so after all those case we just need to know once buy just keep if the price still low . it maybe up 10 times or down . doesn't matter it just a game .
if we do not like gambling then just choice bluechip like maybank and bursa and FN and tenaga and pertonas . if you buy blue chip sure can sleep but I skip because I like gamberhaha

kktom

394 posts

Posted by kktom > 2017-10-12 18:28 | Report Abuse

nemesis What if they push down to 0.20 and then privatise at 0.26 Sen...
12/10/2017 10:00

I think you totally lose hope on this counter.
I could have make more than 100ks last year on this counter but now i average down 28cts.Planty in hand dont know what to do.
This company major positions are controlled main by the Kamal family.Not a good sign.

nemesis

3,994 posts

Posted by nemesis > 2017-10-12 18:46 | Report Abuse

Kktom...why if a company mainly controlled by the family Not a good sign? Isn't tat if the family has big stake in the company they would do their best to strengthen the share price...Pls explain

nemesis

3,994 posts

Posted by nemesis > 2017-10-12 19:21 | Report Abuse

Your emotion is involved Ivan, when u see Ur shares of a company lost half of the value...this is what I called "panic" emotion...

ivan9511

3,854 posts

Posted by ivan9511 > 2017-10-12 21:27 | Report Abuse

if we plan to hold long term so everything is ok.
like zhulian last year drop until 1.20 now up back .
mkland will.up one just we don't know when .
if long term just hold since the company successful made net profit every swason
nemises I believe you still hold your share.
me too jsut hold since now only 26sen just hold lo
if up to 40sen then only sell lo
all the best my friends

Posted by lolypump > 2017-10-13 09:58 | Report Abuse

next few year will goes up..new direction management is struggling to bring up company... it might takes times

nemesis

3,994 posts

Posted by nemesis > 2017-10-13 15:04 | Report Abuse

Yea next 15 years...have u all got the patient...maybe halfway taken private SO defeat the purpose of holding long term...I don think MK is tat generous to share his land with the public so sooner he will try his best to take the company private...those who bought at 0.40 n above could be the greatest loser...time will tell...

kktom

394 posts

Posted by kktom > 2017-10-13 20:14 | Report Abuse

nemesis,I dont think they have the guts to do big thing.Just look at the land they disposed you will know that they have no visions.
They prefer join venture rather DIY.

nemesis

3,994 posts

Posted by nemesis > 2017-10-13 22:25 | Report Abuse

Without Empire Mammoth, Damansara Perdana won't thrive...So far their vision is weak and lacking strategic planning...So the best is still to privatise the company BUT at what price?

nemesis

3,994 posts

Posted by nemesis > 2017-10-14 19:22 | Report Abuse

Thanks for sharing...but it will be too late to buy now...Monday once mkt open will shoot high d

nemesis

3,994 posts

Posted by nemesis > 2017-10-15 09:28 | Report Abuse

Good thanks you are a Great Investor!

nemesis

3,994 posts

Posted by nemesis > 2017-10-15 10:04 | Report Abuse

The only time Mkland will fly high is when there is a takeover exercise or institutional fund started to acquire it...Right now I don see any of it...

nemesis

3,994 posts

Posted by nemesis > 2017-10-16 18:08 | Report Abuse

Really rubbish stock!

nickyeo55

1,092 posts

Posted by nickyeo55 > 2017-10-17 12:37 | Report Abuse

nemesis u refer to Mkland or vivocom ?

nemesis

3,994 posts

Posted by nemesis > 2017-10-17 18:09 | Report Abuse

Both

nickyeo55

1,092 posts

Posted by nickyeo55 > 2017-10-17 18:29 | Report Abuse

Nemesis next month AGM can u go n question Mkland management?

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