Posted by tkl88 > 2018-11-17 16:50 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/11/17/trump-say...

Posted by tkl88 > 2018-11-17 16:50 | Report Abuse

Trump says US may not impose more tariffs on China
Read more at https://www.thestar.com.my/business/business-news/2018/11/17/trump-say...

WASHINGTON:U.S. President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of measures it was willing to take to resolve trade tensions, although he added it was unacceptable that some major items were omitted from the list.

Posted by tkl88 > 2018-11-17 16:53 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/11/16/malaysias-external-debt-fell-to-66pt2pct-of-gdp-at-end-q3/

Posted by tkl88 > 2018-11-17 16:53 | Report Abuse

Malaysia's external debt fell to 66.2% of GDP at end Q3 2018
Read more at https://www.thestar.com.my/business/business-news/2018/11/16/malaysias-external-debt-fell-to-66pt2pct-of-gdp-at-end-q3/#BzfPR7K4cbhjIkz3.99

KUALA LUMPUR: Malaysia’s total external debt declined to 66.2% of gross domestic product (GDP) as at end-Q3, 2018 from a peak of 74.3% of GDP as at end-2016.

Posted by Ibi_chan > 2018-11-18 21:38 | Report Abuse

Any idea can mkl break 0.20? Somehow my order matched last week @ 0.175. Aigooo

Posted by desmondkee > 2018-11-23 08:36 | Report Abuse

May I know what is the outcome of court session yesterday ?

Posted by nemesis > 2018-11-24 19:42 | Report Abuse

Sure waived the tax Bill

Posted by Ibi_chan > 2018-11-26 08:46 | Report Abuse

https://www.theedgemarkets.com/article/icon-affordable-housing

Posted by tkl88 > 2018-11-26 10:27 | Report Abuse

Wow, good news on MK (From The Edge magazine)
Thanks Ibi_chan for sharing !

Posted by tkl88 > 2018-11-26 10:33 | Report Abuse

An icon of affordable housing
EdgeProp.my November 24, 2018 01:02 am +08

It all began 35 years ago when Tan Sri Mustapha Kamal Abu Bakar armed himself with the determination and passion to build homes that people could afford, especially first-time homebuyers.
Today, the group has collectively developed an estimated 60,000 units of residential, commercial and office units of over 10 million sq ft in total worth a gross development value (GDV) of RM20 billion.
It has developed projects worth more than RM2.5 billion in just Cyberjaya alone, building a significant presence there in the process together with its associate companies MK Land Holdings Bhd and Setia Haruman Sdn Bhd. This is to support the multimedia super corridor development which was once a palm oil estate. It is also the developer of Mercu Mustapha Kamal and Damansara Perdana which have become prominent landmarks in the Klang Valley.
Following his father’s footsteps, Mustapha started off as a civil servant. During the course of his duties in the civil service including being an Assistant District Officer for Ulu Selangor, he felt it his moral duty to help communities in need, even initiating an applied nutrition programme for the residents in the Kuala Langat district.
Working with the communities from the rural areas had planted within him a desire to build sustainable communities which led him to quit the civil service and become a property developer. He has never looked back since.
Although he has reached great heights in his career, there is not a slight hint of arrogance in the man who was once known as the “King of Affordable Housing”.
“I did not come from a wealthy background. My grandfather was just a vegetable seller. Even when I was studying in school, I was not among the top students. But of course, I was also not among the weakest. I was just an average student. Typically, the pathway for Malay university graduates was to join the government civil service. But then it was when I met a humble Chinese tycoon that I realised that I wanted to be an entrepreneur.
“It doesn’t matter what background you come from. If, and only if you consider me to be a successful businessman, then I want to say that anyone, including you, can also make it,” says Mustapha.
From Mustapha’s maiden project in Taman Meru Jaya — a six-acre mixed development and his first privatisation project of Bandar Baru Sungai Buloh in 1985, he has come a long way.
Besides the RM2.5 billion properties he has developed, he also, among others, owns three Grade-A office towers, namely Wisma Mustapha Kamal in Cyberjaya as well as Menara Mustapha Kamal and Mercu Mustapha Kamal in Damansara Perdana. The rents from these buildings are the source of sustainable income for the company.
EMKAY Group’s upcoming development called The Mulia Residences is due to be launched in 4Q2018. It is set to become a new landmark in Cyberjaya while adding another feather to its cap. With a GDV of RM720 million, this 50-acre stratified residential development comprises 383 units of townhouses and 417 units of high-rise components located in Cyber 10, Cyberjaya. The overall concept is based on multi-generational living; inspired by traditional Malay architecture. The design aims to create functional and practical spaces, enabling harmonious living with different generations.

Posted by tkl88 > 2018-11-26 10:35 | Report Abuse

Building more affordable homes

The Group has to date developed 54,000 units of homes of which 35,000 of them are priced below RM100,000. Mustapha believes that his calling at this stage in life is to build more homes for those whose income are not sufficient to finance a home due to escalating house prices. The completed Damansara Damai and the Bandar Baru Sg Buloh projects are two typical examples of such affordable housing developments which he wants to replicate in future.
Thus, he has come up with a plan to build affordable homes to be sold at RM70,000 with a built-up size of at least 600 sq ft in Kuala Lumpur city. He believes this is possible through cross subsidisation, he said at a media briefing in conjunction with the group’s 35th anniversary.
“For example, in a 100-acre development, 40% of the homes can be priced below RM300,000 while another 40% can be of any price the developer wants, 10% will be commercial units while the remaining 10% will be the units priced at RM70,000. Profits earned from the other 90% of properties can be used to subsidise the RM70,000 affordable homes,” he explained.
These houses, he added, will only be for those in the bottom B40 group, especially those who are earning between RM1,800 and RM2,000. These [RM70,000] homes are for groups such as teachers, the police, the firefighters and the lower rank army personnel who have worked so hard and sacrificed for our country, he shared. “This programme needs the support of the Federal government, the State government as well as the local authorities, and the key theme is ‘together we make it happen’ on time, within the target cost and with quality,” he added.
“Providing affordable homes has always been our bread and butter, so we will strive to continue providing opportunities for first-time homebuyers.
“We are committed to assist in addressing the issue of affordability of homeownership,” he said.
Moving forward
After 35 years, Mustapha also now wants to focus on the group’s CSR work and philanthropic causes through foundations such as Yayasan EMKAY, Pulau Banding Foundation and the Bukit Merah Orang Utan Island Foundation.
He has passed on the baton of managing the Group to his four children, aided by almost the same Board members and a senior management team that have been with the group since the very beginning. They will facilitate and ensure a smooth transition moving forward.
Today, EMKAY Group is made up of a strong team of more than 2,000 professionals.
“I always tell my children that it is important to work together as a team and I believe that every purchaser deserves a quality product for every ringgit he or she puts in. The smile and satisfaction of our customers are priceless and something we strive to achieve in every project of ours.
“We aspire to use the experience garnered over the 35 years to one day become a trusted global brand,” says Mustapha.

Giving back to society
For many corporations, PAT or Profit after Tax is a figure that one loves to look at because it shows how much the business has made at the end of one’s financial period. However, for EMKAY Group chairman Tan Sri Mustapha Kamal, PAT also stands for “Peace of Mind and Tranquillity in Life”.
“To me, I have reached a stage in life where money itself is no longer the end game. To me, it is about giving back to others and the society now because God has given me so much. If you give me the option of whether to put my money into building more projects or to preserve a 130 million-year-old forest which you cannot get elsewhere in the world, I will choose the latter,” says Mustapha who has founded three foundations — Yayasan EMKAY, Pulau Banding Foundation and the Bukit Merah Orang Utan Island Foundation.

Under the Pulau Banding Foundation, Mustapha hopes to promote the sustainable development of the fragile ecosystems of the Belum-Temengor Rainforest. The forest reserve forms the last and largest contiguous block of natural forest in Peninsular Malaysia. It covers an area of over 300,000ha in Perak and into Southern Thailand.
Mustapha shares that in order to ensure sustainable development on the island, the Pulau Banding Charter was formed on July 24, 2007 by a panel of advisers comprising experts from the ?elds of forestry, environment, and local stakeholders — as a self-imposed guideline for all development on the island.
One requirement of the Charter was the setting up of a research centre which has now been completed to conduct studies on the Belum-Temengor Rainforest so that efficient conservation measures could be initiated. To date, many scientific expeditions have been carried out with exceptional success.

Posted by tkl88 > 2018-11-26 10:36 | Report Abuse

The forest reserve also houses EMKAY Group’s Belum Rainforest Resort, one of Malaysia’s premier ecotourism holiday destinations. The resort receives visitors from all over the world. Hopefully one day, the Belum Rainforest would be on the world atlas as equal to the Amazon Forest.

Mustapha took it a step further by launching the Belum Forest Friends (BFF) initiative in February this year as part of an overall drive to get more Malaysians involved in rainforest conservation and environment. Pioneers of the BFF initiative include celebrities Datuk Sheila Majid, Datuk Yasmin Yusuff and Jaclyn Victor.

With a contribution of RM100, BFFs can choose to support either a tree-planting programme managed by the Pulau Banding Foundation or a school uniform donation drive for the Orang Asli of Belum-Temengor facilitated by Yayasan EMKAY.

Mustapha’s other ventures which he personally oversees include: the Green Ranger Malaysia programme (GRM) under Yayasan EMKAY where university and school students get to have hands-on experience learning about the importance of protecting the rainforest; the construction and setting up of toy libraries amongst Orang Asli settlements; and the Bukit Merah Orang Utan Island Foundation, with the specific objective to do research, rehabilitate and promote awareness of our endangered red-haired friends. Along with these foundations — Yayasan EMKAY and Pulau Banding Foundation — the Bukit Merah Orang Utan Island Foundation has also created working collaborations with local universities for research works and education programmes.
Mustapha is a man who has opened up his hands — and his heart — to not only the Malaysian community, but has also become a protector of the flora and fauna of Malaysia. — EdgeProp.my

Posted by tkl88 > 2018-11-26 10:37 | Report Abuse

Like that MK will be Huat ah! Heng ah! Ong ah!

Posted by nemesis > 2018-11-26 11:21 | Report Abuse

If huat why still at 0.175 hahaha

Posted by tkl88 > 2018-11-26 12:45 | Report Abuse

Still 0.175 good lor, so we can have more time to accumulate monies or borrowing from relatives or financial institutions and then sailang on MK. One day you definitely will become millionare if you follow what i'm doing right now on MK !

Posted by nemesis > 2018-11-26 16:43 | Report Abuse

Ok I follow you TK...So wat is Ur target price for tis Mkland?

Posted by desmondkee > 2018-11-26 17:29 | Report Abuse

How can make money with Philanthropy Project ? In addition bank is not interested to offer loan to this group of people. It is challenging

Posted by tkl88 > 2018-11-26 18:43 | Report Abuse

nemesis, my target price for MK is 0.80 from 0.175
0.80 - 0.175 = +0.625 which is +357%

If you investing 300k @ 0.175 (1,714,200 unit shares),
when the price reach 0.80, you will getting= 1,714,200 * 0.80 = 1,371,360
Which mean 1,371,360 - 300,000 => you earning 1,071,360 (1 Million Ringgit plus) (+357%)

Posted by freddiehero > 2018-11-26 18:46 | Report Abuse

break 0.15 soon

Posted by nemesis > 2018-11-26 20:55 | Report Abuse

TK what make u think it could rise to 0.80...now is only 0.175...Are u still day dreaming? Some time we need to be realistic right...

Posted by tkl88 > 2018-11-26 22:26 | Report Abuse

nemesis, for your info, MK last time in 2008 record lowest also around 0.16, then early 2009 started to goes up to 0.2x, then 0.3x then 0.4x
and so on...

Posted by tkl88 > 2018-11-26 22:28 | Report Abuse

https://www.thestar.com.my/business/business-news/2012/07/20/mk-land-likely-to-shine-again/

Mkland likely ti shine again

Posted by tkl88 > 2018-11-26 22:30 | Report Abuse

Outperform (maintained)

Target price: 80 sen

Net asset value = RM 1.56

Posted by CYKIU > 2018-11-26 22:52 | Report Abuse

TK don't anyhow shared news about long time ago(Year 2012). In my point of view, i don't think price will up in short term. Growing of revenue and profit is main factor to motivate price up.

Posted by nemesis > 2018-11-27 00:24 | Report Abuse

I totally agree hope tat it will come down to 0.15 soon so tat we can Sailang

Posted by ivan9511 > 2018-11-29 17:45 | Report Abuse

@
nemesis , my old fren dun like that la bro
because when last time 30sen I already sailang then drop to 25sen I borrow money from my parents and sailang again
now please dun drop
18sen is my limit
if drop again I am not sailang MKland
I sailang myself +=== Means I will go to Mkland most tall buiding and jump down because owe people too much money for support this Mkland ?
haha

Posted by adi85 > 2018-11-29 21:15 | Report Abuse

profit in QR...tomorrow spike up!!

Posted by tkl88 > 2018-11-29 23:18 | Report Abuse

Superb profit able QR already out !!!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5990565

Posted by tkl88 > 2018-11-29 23:21 | Report Abuse

Profit before tax: 6,360,000 (6.4 million ringgits)
Profit after tax: 2,422,,000 (2.4 million ringgits)

Very Very Good !!!

Posted by nemesis > 2018-11-30 11:54 | Report Abuse

What 2 million nowaday...

Posted by tkl88 > 2018-12-01 06:34 | Report Abuse

Dow Ends Sharply Higher Ahead of Trump-Xi Meeting at G-20
TheStreet Staff
Updated Nov 30, 2018 4:16 PM EST

https://www.google.com/amp/s/www.thestreet.com/amp/markets/stocks-slip-in-cautious-trading-ahead-of-trump-xi-meeting-14796824

Posted by tkl88 > 2018-12-01 06:48 | Report Abuse

2018 G20 Buenos Aires summit
Dates: Nov 30, 2018 – Dec 1, 2018
Location: Buenos Aires, Argentina

Trade war between US & China will end
after today & tomorrow's meeting by
finally come out a deal which will be
happy & agreed by both country !!!

Posted by tkl88 > 2018-12-02 11:25 | Report Abuse

Good news !!!
www.google.com/amp/s/www.bbc.com/news/amp/world-latin-america-46413196
G20: US and China agree to suspend new trade tariffs 02 December 2018 Latin America & Caribbean

Posted by tkl88 > 2018-12-03 07:37 | Report Abuse

Oil price Spike up immediate the super good news of the Xi & Trump meeting !!!
Nymex=> 52.24 +1.54 +3.04%
(18:32:23 - Real-time CFD Data. Currency in USD)

Posted by tkl88 > 2018-12-03 11:10 | Report Abuse

https://www.google.com/amp/s/www.cnbc.com/amp/2018/12/02/dow-futures-surge-after-trump-and-xi-agree-to-pause-the-trade-war.html

Dow futures surge more than 400 points after Trump and Xi agree to pause the US-China trade war

John Melloy | @johnmelloy
Published 49 Mins Ago Updated 24 Mins AgoCNBC.com

Posted by tkl88 > 2018-12-03 11:24 | Report Abuse

All Asian Bourses Spike Up:
Hang Seng: 27,238.79 (+732.04) (+2.76%)
Nikkei: 22,665.97 (+314.91)(+1.41%)
Shanghai: 2,657.73 (+69.54)(+2.69%)
Korea: 2,134.09 (+37.23) (+1.78%)
Taiwan : 10,139.34 (251.31) (+2.54%)
Spore STI: 3,185.22 (+67.61)(+2.17%)
KLSE: 2,134.09 (+37.23) (+0.86%)

Posted by desmondkee > 2018-12-03 12:59 | Report Abuse

Is time to recuperate of Mkland stock real value

Posted by tkl88 > 2018-12-03 18:09 | Report Abuse

Announcement on 30/11/2018:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5993961

Posted by tkl88 > 2018-12-03 18:10 | Report Abuse

Announcement on 3/12/2018:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5995165

Posted by tkl88 > 2018-12-03 18:12 | Report Abuse

Mkland at least 0.60 - 0.80
when economy turn prosprous in 2019 !

Posted by nemesis > 2018-12-04 01:34 | Report Abuse

As long as property industry still slowing down, there is no way Mkland gonna move any higher...

Posted by tkl88 > 2018-12-04 10:09 | Report Abuse

https://www.thestar.com.my/news/nation/2018/12/01/malaysia-records-350-percent-increase-in-fdi-this-year-in-first-nine-months/

Malaysia records 350 percent increase in FDI this year in first nine months

Posted by tkl88 > 2018-12-04 14:50 | Report Abuse

Countdown 27 days to year 2019
Can't wait to entering the prosperous year of 2019 already !

Posted by tkl88 > 2018-12-04 19:16 | Report Abuse

Oil price rose again...
06:07:22 - Real-time CFD Data,; in USD

Nymex=>54.20 +1.25 +2.36%
Brent=> 63.09 +1.40 +2.27%

Posted by tkl88 > 2018-12-06 12:52 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/12/06/exports-hit-record-high-in-october/ Thursday, 6 Dec 2018

Malaysia's exports hit record high in October

Posted by tkl88 > 2018-12-07 06:29 | Report Abuse

https://www.google.com/amp/s/amp.cnn.com/cnn/2018/12/06/investing/stock-market-today-dow-jones-huawei/index.html
By Matt Egan Updated 4:38 PM EST, Thu December 06, 2018

Wild comeback: Dow recovers from 785-point plunge

to just dropped 79 point nia (Up+706 points)

Posted by tkl88 > 2018-12-07 11:13 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5997097

Posted by tkl88 > 2018-12-07 11:18 | Report Abuse

www.bursamalaysia.com/market/listed-companies/company-announcements/5998689

Posted by nemesis > 2018-12-08 22:19 | Report Abuse

Better SELL!!! No point holding it since they stop paying dividend for many years d...Property mkt will get worse next year...0.15 should be the fair value for Mkland...tis counter delivers zero values for us all ever since they stopped paying dividend...SELL

Posted by nemesis > 2018-12-08 22:20 | Report Abuse

Tis MK the longer you hold the more heart burn u get!!!