Don worry slowly it will drop to 0.15 once the 82 mil tax penalty lawsuit against Mkland intensified and tat tax claim will result in Mkland declaring huge losses for its financial result...it is just a matter of time waiting to happen...
Sell before it falls to 0.15...Why? Because if they lost the battle of 80mil tax bill to the IRB, then it will dampen Mkland financial result n its balance sheet as well...
But if Pakatan Rakyat wins tis GE14 n Tun Mahathir emerge as new prime minister then it will be a game changer for Mkland as Tun is a good fren to Tan Sri Mustapha Kamal...maybe the 80 mil tax bill can alao be waived n more multi billion project will be injected to Mkland under the leadership of Tun...So tomolo GE14 result will determine whether MK will rebound strongly or crash to new low...Let's pray hard n make sure u VOTE!
Monday onward MK will stage a full recovery moving towards 0.30 again...The future prospect of Mkland is very bright now under the rule of Tun M...I m very sure more land n projects to be awarded n injected to MKLAND in the future under Tun Mahathir...To be precise RNAV of Mkland is close to 3.50-3.80 per share...At 0.175 it is trading at a massssiiveee n hugeeeeee dirt discount to its revised NTA...it is almost 20 times of its RNAV and Mkland is the only company in Bursa tat is trading at tis super steep discount to its RNAV...No other companies come close...With Tun M as prime minister again, we will see the re-emergence of Mkland as Bumiputera developer which Tun Mahathir has given such calling more than a decade ago...Mkland will return to former glory and I m seeing Mkland at 2.00 for the next 5 years to come under Tun Mahathir leadership...
80 mil tax penalty will surely be called off n waived n Mkland will fly high again under the protection of Tun MAHATHIR...MKland is the only 100% Bumiputera Developer listed in Bursa with over 4900 acres of undeveloped landbank...Most of the land was awarded to MK fm Mahathir under land privatisation last time at a very very low price as Tun Mahathir expected Mkland to take the calling of a full Bumiputera Developer for Malaysia...If we have to revalue all tis 4930 acres of land now, Mkland should have a RNAV of AT LEAST 3.50 per share...If u still don believe me, u can do the calculation yourself based on the balance sheet...Tis is a ridiculous far distance n gap of its share price of only 0.175...hard to believe BUT it is true thanks to all of you who have pressed it down to all time low...Clear winner to those who ve accumulated at bottom fishing!
Pakatan manifesto has promised to build 1 mil affordable houses hopefully more projects to be awarded to Mkland under Tun Mahathir as MK is known to be the King of building low cost and affordable hses...
Once again it is proven the 80 tax penalty claim against Mkland is unjustified n more to political attack against companies tat has close ties to Mahathir...Mkland knew about tis tat is why they refused to settle the amount...Now tat Mkland is free of the tax claim and on Monday onward will fly with healing on its wings...Will surely move back to 0.30 soon and in the longer term will cross 1.00 again when they started to develop affordable houses of its 4930 acres of massive landbank under full support of Tun Mahathir...
So Monday how much do you think Mkland will close? 0.20, 0.23 or limit up to 0.30? Pls bear in mind tat Mkland was trading at 0.325 just before it was attacked with the 80 mil tax claim...
well Tan Sri Mustapha is the founder and owner of Emkay Group and MK Land Holdings Bhd. The boss of "MK"land is good friends with Tun M. So the tax may be reviewed...as per what Tun said if there is no merit then the tax will be taken out.
For MK, today is not goreng yet. Is just the start of share accumulation!! I bought a little as no bullet. Is worth definitely above 30cts, maybe ~ 40-50cts !
Tis is just the beginning as Mkland has been cleared of the 80 mil tax claim now...Tun Mahathir will return Mkland to its former glory...1.00 is coming in the longer horizon... tomorrow will see another single day huge gain for Mkland...
Mkland will be great again...Its revalued landbank is worth at least 5 billion today compare to its mkt capitalisation of just 319 mil...Tis is a giant gap of its intrinsic worth...To my opinion even with its current lacklustre earnings, Mkland should worth at least 1.00 due to the values in land...Even at 1.00 it is still trading at 70% discount to its RNAV of 3.50-4.00 per share...Just buy before it is too late...It is gonna be the greatest turnaround story never before seen n told...Always remember MK n Mahathir is ONE!
Qr very good Nta increase from 97 sen to 98sen And the best is always net profit So mkland is a net cash net profit high nta counter Now I start top up step by step increase mkland share in my portfolio Second is tropicana and pratasco Mkland tomorrow sure up again Yoy up qr up All is good good and good news come All are very good news to mkland now With now good results so my tp increase to 80sen Mkland all the best
Previously this counter can’t perform due 80mil tax claim thingy but now thanks to new fair manifesto etc it’s glory days will be back!!! Reset button on . Good profitable co with high Nta hoh sheh Liao. Now it is time for all companies that got substance to perform. One of which is definitely MKLAND!!
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 > 2018-04-26 10:46 | Report Abuse
Don worry slowly it will drop to 0.15 once the 82 mil tax penalty lawsuit against Mkland intensified and tat tax claim will result in Mkland declaring huge losses for its financial result...it is just a matter of time waiting to happen...