The only way it can rise fm ashes is when Tun M awarded a mammoth project to Mkland just like Mahathir appointed MK via Setia Haruman to be the master developer of Cyberjaya...Our greatest hope is the coming Bandar Malaysia which I believe MK should be awarded a massive affordable housing project...
MKLAND has huge landbank..monetize a bit by bit..like they cut for Cyberjaya and sell to few developers to develop it bit by bit..good enough already..what for has idle huge landbank...time to rejuvenate the HUGE LANDBANK
Net assets per share attributable to ordinary equity holders of the parent ($$) AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END RM1.00 RM0.99
i am still remember last two year The Edge covered MKLAND..Target price is RM 0.88. As for me, MKLAND if resistance RM 0.36-0.44 is good enough...because two years holding NO DIVIDEND..:)
The Dow Jones powered toward record highs on Thursday after the US and China brokered a last-minute trade deal to present to Trump. | REUTERS/Kevin Lamarque
The Dow Jones soared back toward record highs after the US and China reached a “phase one” trade deal. Boeing (BA) stock weighed heavily on the Dow 30 after China expressed concerns about the 737 Max jet. Goldman Sachs remains optimistic for 2020, forecasting a low chance of a stock market-rocking recession. Following a midday hiccup, the Dow Jones rocketed back in late afternoon trading to approach the record high it set earlier in the day.
The catalyst for the recovery was Bloomberg’s report that the US and China had reached an agreement in principle on the “phase one” trade deal that investors have been waiting on since October.
Walaoeh... Latest news=> US and China finally reached a “phase one” trade deal ! Hosei liao lar this this our stock market ! Market are so bullish now ! 2020 onwards will be prosperous years ! KLSE going to break 2,000 points soon ! Huat ah ! Heng ah ! Ong ah !
Normally when oil and gas stocks rally at Bursa Malaysia, next in line will be Property Stocks..so high chances MKLAND to break 20sen for year 2020..hopefully it will cross 28sen for Chinese New Year rally..:)
Mkland as I see the loyal fans Mkland also no show up. As a sad story when a company made the loyal people give up. Mkland I feel the most loss is not the price 15sen The most sad As I see last time many die hard fans say buy nta 1 ringgit landbanks best of the best. Good comapny Mkland deep deep deep undervalued Now no people shout like last time still at 30sen and above. Hope Mkland can think about why Mkland cannot deserve better. Last time Mkland very expensive and high dividend 3sen
I nemesis, still here supporting Mkland...i have raise my buy call on Mkland once again at current level as it is deeply undervalued...at 0.15 wat else can go wrong? It is time to bargain hunt...
It is ridiculously dirt cheap at 0.15...with current mkt capitalisation of 181 mil, even its 55 acres of landbank in Setiawangsa KL is more than the current mkt capitalisation... Future Land Disposal is the only catalyst to unlock mkland massive intrinsic values...its RNAV has potential to reach above 2.50 per share if all of its landbank totally revalued...Super Undervalued at current value...BUY!!!!!
BY JOSEPH WOELFEL , UPDATED: FEB 12, 2020 1:30 PM EST | ORIGINAL: FEB 12, 2020
The Dow, S&P 500 and Nasdaq close at all-time highs as the number of new coronavirus infections slows. 1. 2. The Dow Jones Industrial Average, S&P 500 and Nasdaq closed at all-time highs after China said the number of new coronavirus infections slowed to the lowest rate in nearly two weeks. 3. Coronavirus update: 1,118 deaths, 45,206 infected. 4. BP is Real Money's Stock of the Day. The European oil giant has set a "net zero" target for emissions by 2050. The Dow Jones Industrial Average, S&P 500 and Nasdaq closed at all-time highs Wednesday after China said the number of new coronavirus infections slowed to the lowest rate in nearly two weeks. The Dow finished up 275.08 points, or 0.94%, to 29,551.42, the S&P 500 rose 0.65% to 3,379.45, and the Nasdaq closed up 0.90% to 9,725.96. The three exchanges all set intraday highs as well.
The coronavirus outbreak -- the World Health Organization said the official name for the disease caused by the new coronavirus is Covid-19 -- has killed 1,118 people and infected more than 45,200. But the rate of infections is slowing according to China's National Health Commission, which was hopeful that the spread of the virus around China, the world's second-largest economy, has peaked. The broader impact of the virus on China's growth, as well as its influence on economies around the world, has yet to be quantified, however.
"We are closely monitoring the emergence of the coronavirus, which could lead to disruptions in China that spill over to the rest of the global economy," Federal Reserve Chairman Jerome Powell told the House Financial Services Committee on Tuesday, adding that there will "very likely be some effects on the United States." He told the Senate Banking Committee on Wednesday that the Fed should have an idea how much the outbreak has impacted the U.S. economy “fairly soon.” Sen. Bernie Sanders was declared the winner and Pete Buttigieg, the former mayor of South Bend, Ind., came in a very close second in a tight race for the Democratic presidential nomination in the New Hampshire primary on Tuesday. Wall Street's reaction to the Sanders win was muted as many investors don't think the senator can win the presidency or believe that if he wins his socialist beliefs and anti-establishment proposals won't pass muster with Congress. Health care stocks such as UnitedHealth (UNH) - Get Report, which was leading the Dow, rose since Sanders isn't predicted to defeat Donald Trump and therefore his Medicare for All proposal won't get off the ground. CVS Health (CVS) - Get Report posted stronger-than-expected fourth-quarter earnings but forecast fiscal-year profit that was modestly shy of Wall Street forecasts.
All loyal Mkland members Since Mkland refused to give any penny dividend Sad to admit my failure The only hope on Mkland is the boss mercy by Private Mkland on nta 1 ringgit or 80seb Or 50% discount price on Nta also can get 50sen. But if the boss like bjland just playing around us then no choice 15sen for another 20years like bjland
“现在是每个马来西亚人抛开分歧,团结一致的时候。当政府帮助受影响的行业时,我们希望各行业的业内人士也发挥各自作用,协助其客户和供应商,以便所有人都可以应对此次挑战,并待疫情结束后受惠于市场的反弹。正如约翰肯尼迪(John F. Kennedy)所说:‘不要问国家能为你做什么,问你自己能为国家做什么'。”
ivan9511 All loyal Mkland members Since Mkland refused to give any penny dividend Sad to admit my failure The only hope on Mkland is the boss mercy by Private Mkland on nta 1 ringgit or 80seb Or 50% discount price on Nta also can get 50sen. But if the boss like bjland just playing around us then no choice 15sen for another 20years like bjland 14/02/2020 3:23 PM <--- U dreaming. Hahahah.
KUCHING: There is a possibility that Bank Negara Malaysia (BNM) might cut the Overnight Policy Rate (OPR) in its upcoming meetings in March and May, analysts say, after setting a dovish tone amidst a cautious sentiment on the coronavirus outbreak.
Macquarie Equities Research (MQ Research) in its notes believed there was a good chance of another 0.25 per cent interest rate cut in early March, though another cut in May is only likely if the impact of the outbreak is prolonged.
This observation came as Malaysia’s GDP came in at 3.6 per cent in the final quarter of 2019 (4Q19) – the weakest since 2009. Underlying data, however, showed positive trends across the board, except for agriculture and electrical and electronic (E&E).
“Nonetheless, the 2019 Novel Coronavirus (Covid-19) will have a negative impact on 1H20 gross domestic product (GDP), and MQ Research believes there is now a good chance that BNM cuts rates 25basis points (bps) at its next meeting in March.
“”The government is expected to announce a stimulus package shortly to mitigate the impact of the virus.
“A pickup in government procurement is on the cards and will stimulate business activity through 2020.
“This will be a key rerating for the market in general given the subdued expectations of investors in general,” it affirmed.
Despite the subdued GDP print, MQ Research said most indicators showed an uptick against 3Q19. For example, public consumption was up 1.3 per cent on higher emoluments while Public investments declined less (-7.7 per cent) versus 3Q19 (-14.1 per cent).
“Despite the negativity around business confidence, private investments were up 4.2 per cent year on year (y-o-y) – their highest levels since 4Q18 on higher capex in the transport services and construction-related manufacturing.
“Improved employment growth and private sector wages supported an 8.1 per cent y-o-y increase in private consumption growth.
“By activity, the agriculture sectors and E&E manufacturing were the key drags on growth in 4Q19. Lower crude palm oil (CPO) production on the back of dry weather and reduced fertiliser application saw the agriculture sector post a 5.7 per cent y-o-y decline in 4Q19.”
BNM’s tone in its commentary around 2020 does suggest to the research firm that another 25bps rate cut is likely in March. A further cut in May is only likely, in MQ Research’s view, if the impact of the coronavirus is prolonged.
“With Malaysian GDP growth still outpacing regional peers and rates still attractive, it does suggest to us that the pressure on the ringgit from further cuts is likely to be muted,” it said.
MQ Research further maintained its view that a pickup in government activity will fuel increased activity levels and greater interest in Malaysian equities.
Wow, Good news, Coronavirus number of new cases in China dropped significantly to just 3 digits figure only ! And Wuhan Coronavirus number of new cases even plunged more significantly from 18/2/2020 's 1660 cases to 18/2/2020 's 615 cases nia ! 1660 - 615 = reduced 1045 cases = 1045/ 1660 * 100% = reduced by - 63%
PUTRAJAYA: Tun Dr Mahathir Mohamad said the stimulus package will be announced soon.
The interim Prime Minister, on his Twitter @chedetofficial, said that he had just chaired a meeting with the Finance Ministry's top officials. "This initiative will be announced not too long now," he said on Wednesday (Feb 26).
Picture(Twitter): Tun Dr Mahathir Bin Mohamad baru saja selesai bermesyuarat bersama dengan para pegawai atasan Kementerian Kewangan di dalam sesi perbincangan mengenai Pakej Ransangan Ekonomi. Inisiatif ini akan diumumkan tidak lama lagi.
The stimulus package to help cushion the effects of the Covid-19 outbreak was initially planned for launch on Feb 27. However, Dr Mahathir resigned on Feb 24, resulting in the dissolution of the Cabinet. The Yang di-Pertuan Agong has consented for Dr Mahathir to be interim Prime Minister until a successor has been appointed. The King is currently interviewing Members of Parliament individually to ascertain who enjoys the majority support in Parliament
KUALA LUMPUR: Interim Prime Minister Tun Dr Mahathir Mohamad has completed a meeting with the Finance Ministry’s top officials in regards to the tabling of the Economic Stimulus Package.
The economic package aimed to stimulate Malaysia’s economy and mitigate any adverse repercussions arising from the COVID-19 outbreak and other external uncertainties.
In his official twitter, Dr Mahathir said the initiative would be announced soon.
However, he did not reveal details of the stimulus package or the date of the announcement, which was initially scheduled tomorrow, Feb 27,2020.
The stimulus package designed mainly for the aviation, retailing and tourism sectors to cushion adverse repercussions from the coronavirus infections, which originated from Wuhan, China.
The International Monetary Fund (IMF) has announced that the viral epidemic could shave between 0.1 and 0.2 percentage points off the global growth rate but noted that the slowdown could be followed by a sharp and rapid rebound.As an open economy, Malaysia is not isolated from any external developments, as the virus outbreak is expected to affect the country’s economic growth during the first quarter of this year. - Bernama
PUTRAJAYA: Interim Prime Minister Tun Dr Mahathir Mohamad has unveiled a stimulus package worth RM20bil to help cushion the effects of the Covid-19 outbreak.
The stimulus package has three strategies – to manage the impact of Covid-19, spur a people-centric growth and encourage quality investment.
"Although the effects of Covid-19 is currently under control, the disease has caused a huge impact on the global economy, including Malaysia's.
"Therefore, the government is introducing the economic stimulus package 2020 to ensure the risks related to the outbreak can be tackled effectively," he said on Thursday (Feb 27).
To thank civil servants who are front liners in tackling Covid-19, the government will pay an allowance of RM400 a month to doctors and medical staff.
Dr Mahathir said an allowance payment of RM200 a month will be given to Immigration staff and other civil servants involved.
"This special allowance will take effect from February 2020, until the outbreak is over," he said.
Yes, new PM has been elected. Tommorrow KLSE will spike up at least 50 pts to 100 pts! Like that tommorrow MKland at least will spike up to closed at 0.30 (+0.16) (+115%) already !
KUALA LUMPUR: The Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to reduce the Overnight Policy Rate (OPR) by 25 basis points to 2.50%.
It said the ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2.75% and 2.25%, respectively.
“The reduction in the OPR is intended to provide a more accommodative monetary environment to support the projected improvement in economic growth amid price stability. The MPC will continue to monitor and assess the balance of risks surrounding the outlook for domestic growth and inflation,” Bank Negara said in a statement Tuesday.
The reduction in the OPR came largely in line with economists’ expectations. This is the second cut so far this year. In January, Bank Negara reduced the OPR by 25 basis points to 2.75% -- the lowest since 2011.
The central bank noted that global economic conditions have weakened in the recent period. The ongoing Covid-19 outbreak has disrupted production and travel activity, especially within the region.
This has also led to greater risk aversion, resulting in tighter financial conditions and a resurgence in financial market volatility. Downside risks to the global growth outlook have increased, particularly in the near term. However, a number of countries have implemented policy responses. With further anticipated policy measures, these actions are expected to mitigate the economic impact of Covid-19.
“The Malaysian economy grew at a moderate pace of 4.3% in 2019. Looking ahead, growth, particularly in the first quarter, will be affected by the Covid-19 outbreak primarily in the tourism-related and manufacturing sectors. The weakness in the agriculture sector is also likely to persist in the first quarter.
“For 2020, private and public sector activities will be supportive of growth. Household spending is expected to grow at a slower pace amid moderate employment and income growth. Investment activity is projected to record a modest recovery, underpinned by ongoing and new projects, both in the public and private sectors,” it said.
The 2020 economic stimulus package will also provide some support to economic activity. Although domestic growth is expected to gradually improve in the second half of the year, there are key downside risks, mainly stemming from the evolving nature and prolonged impact of the Covid-19 outbreak, and continued weakness in commodity-related sectors.
Bank Negara said in 2020, headline inflation is expected to average higher but remain modest. The trajectory of headline inflation will be dependent on global oil and commodity price developments and the timing of the lifting of the domestic retail fuel price ceilings.
Underlying inflation is expected to be more moderate, amid limited demand pressures despite the continued expansion in economic activity.
Above. No matter what good news cut rate or what. What is the matter with this Mkland . Dun you see when 35sen already keep promoting mkland super undervalued Many land . Many property. Many good golden land In PJ. But what is point . Already drop to13sen And 13sen now many investors every day keep crying because we dun know whether can support at 13sen or not . Last time 20sen say support. 18sen support 15sensupport 14 sen support. Dun you get it. We all kena gao gao . Mkland is kosong. They are not like mkh or maybe buy mlab better than mkland Hope the boss wake up. Otherwise better private lkke ytland or Ta
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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....
apanama
3,796 posts
Posted by apanama > 2019-12-10 15:00 | Report Abuse
MKLAND Boleh...:)