MK LAND HOLDINGS BHD

KLSE (MYR): MKLAND (8893)

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Last Price

0.185

Today's Change

-0.005 (2.63%)

Day's Change

0.185 - 0.185

Trading Volume

139,900


22 people like this.

10,214 comment(s). Last comment by calvintaneng 5 days ago

nemesis

3,994 posts

Posted by nemesis > 2020-08-24 19:29 | Report Abuse

4th quarter financial result wil be out tis few days...it should give a clearer indication whether Final dividend to be 2 sen or just 1 sen...It is expected to post much better result supported by land disposal gain...

tkl88

8,712 posts

Posted by tkl88 > 2020-08-24 20:46 | Report Abuse

Wow, Fantastic!
Oil price spike up to sky high again !
As at 8.42pm,
Nymex=> $42.76 ‪(+0.42) (+0.99 %)‬ !
Brent=> $45.‪40 (+0.47) (+1.05 %) !‬

tkl88

8,712 posts

Posted by tkl88 > 2020-08-24 23:38 |

Post removed.Why?

Atamis

88 posts

Posted by Atamis > 2020-08-24 23:50 | Report Abuse

Interesting counter

tkl88

8,712 posts

Posted by tkl88 > 2020-08-25 07:27 |

Post removed.Why?

nemesis

3,994 posts

Posted by nemesis > 2020-08-25 09:13 | Report Abuse

Hahaha tkl Dow Jones has nothing to do with Mkland, pls dun get hysteria n over stimulated...

tkl88

8,712 posts

Posted by tkl88 > 2020-08-25 10:20 |

Post removed.Why?

nemesis

3,994 posts

Posted by nemesis > 2020-08-25 10:37 | Report Abuse

It is HOT!!! it will soon be hotter due to expectation of improved earning and bumper dividend....Mkland currently is the most undervalued property counter based on asset based and land in relation to share price...it sud readjust back to 0.30 as we are already in raging Bull Market...

nemesis

3,994 posts

Posted by nemesis > 2020-08-25 10:45 | Report Abuse

All of its development projects such as Bukit Beruntung Rumah Selangorku, Perak Simpang Pulai state affordable house, and Meru Perdana should start to increase its unbilled sales n contribute positively to coming net profit results...We do not rule out further land disposal tat wil enhance Sholders values...

nemesis

3,994 posts

Posted by nemesis > 2020-08-25 18:41 | Report Abuse

4th qtr result out... Better than last year...Dividend should be at least 1 sen tis coming Oct...

Posted by GemenchehLawyer > 2020-08-25 18:56 | Report Abuse

How come the NTA dropped so much?

Posted by GemenchehLawyer > 2020-08-25 19:19 | Report Abuse

Nta become 1/10compare to last quarter, does it means this share is now already overpriced? Can someone enlighten me? thanks.

nemesis

3,994 posts

Posted by nemesis > 2020-08-25 20:46 | Report Abuse

Where got dropped so much??? ...NTA is at 0.99 compared to previous qtr of 1.00 and it is lowered a bit due to accounting adjustment in the balance sheet...it is still a deeply unpolished undervalued property company...tomolo wil surely see some price uptrend due to better 4th qtr financial result...Compared to Glomac, E&O and Paramount tat declared huge losses impacted by MCO, Mkland displayed quite resilient performance at least it has not posted losses for the whole year...Dividend is expected to be declared tis coming Oct and we are hopeful it is gonna be 2 sen final dividend supported by previous land disposal n improved earnings...Reiterate BUY

Posted by GemenchehLawyer > 2020-08-25 21:06 | Report Abuse

0.099, i saw in in klscreener.

Posted by GemenchehLawyer > 2020-08-25 21:10 | Report Abuse

I q at 0.145 today but was told undone by my remisier after today closing. That why i saw the QR announcement.

MAX8186

69 posts

Posted by MAX8186 > 2020-08-25 21:26 | Report Abuse

I think the NTA was typed wrongly, extra decimal place (hopefully I am correct). It can't just go down so much.

Posted by GemenchehLawyer > 2020-08-25 21:35 | Report Abuse

That's why I was wondering.

MAX8186

69 posts

Posted by MAX8186 > 2020-08-25 21:41 | Report Abuse

Please check with your broking firm's website. I have checked with mine, it's still at 0.99.

nemesis

3,994 posts

Posted by nemesis > 2020-08-25 22:02 | Report Abuse

It is 0.99 confirmed...U need to mark up your buying price tomolo gemenchehlawyer if you really want to buy, cos 0.145 is impossible to get by tomolo...it will trade up starting tomolo as 4th fin result is slightly above expectation...

Posted by GemenchehLawyer > 2020-08-25 22:23 | Report Abuse

MAX8186, I saw you at Ibhd forum also. Nemisis, noted your advice. Thanks.

nemesis

3,994 posts

Posted by nemesis > 2020-08-26 06:45 | Report Abuse

Sunway Bhd also swung in quarterly losses impacted by MCO...Only Mkland standing resilient posting improved earning n maintaining profitability...that is the advantage of being a low cost developer in which Mkland is King...

tkl88

8,712 posts

Posted by tkl88 > 2020-08-26 07:14 | Report Abuse

Brent futures rose US73 cents, or 1.6%, to settle at US$45.86 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 73 cents, or 1.7%, to settle at $43.35. That was the highest closes for both benchmarks since March 5, the day before Saudi Arabia and Russia failed to agree on a new plan to cut output and about a week before the World Health Organization declared COVID-19 a pandemic.

tkl88

8,712 posts

Posted by tkl88 > 2020-08-26 07:15 | Report Abuse

Gulf Of Mexico Drillers Shut In More Than 82% Of Oil Production
By Charles Kennedy - Aug 25, 2020, 9:00 AM CDT
https://oilprice.com/Energy/Energy-General/Gulf-Of-Mexico-Drillers-Shut-In-More-Than-82-Of-Oil-Production.html

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-08-26 08:08 | Report Abuse

No worry about NTA, the figure is wrong as the guy who prepared it is useless. 0.99 is the correct one. Same go to dividend which quoted 0.01 (sen) instead of 1 (sen).

nemesis

3,994 posts

Posted by nemesis > 2020-08-26 10:15 | Report Abuse

It is moving uppppppp

nemesis

3,994 posts

Posted by nemesis > 2020-08-26 10:25 | Report Abuse

0.16 in the making today

Posted by DreamGladiator > 2020-08-26 10:25 | Report Abuse

up 3.45%

Posted by DreamGladiator > 2020-08-26 10:25 | Report Abuse

okay already la

nemesis

3,994 posts

Posted by nemesis > 2020-08-26 10:26 | Report Abuse

Let's jump in the bandwagon before it is gone...

Posted by DreamGladiator > 2020-08-26 10:26 | Report Abuse

not bad juga la

Posted by DreamGladiator > 2020-08-26 10:26 | Report Abuse

keep up the good work

tkl88

8,712 posts

Posted by tkl88 > 2020-08-26 12:15 | Report Abuse

Wow, Finally the superb outstanding QR already been out !
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3080937

tkl88

8,712 posts

Posted by tkl88 > 2020-08-26 12:22 | Report Abuse

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020
INDIVIDUAL PERIOD
CURRENT YEAR QUARTER
30 Jun 2020

Revenue 30,079,000
Profit/(loss) before tax 4,384,000
Profit/(loss) for the period 3,421,000
Profit/(loss) attributable to
ordinary equity holders of the parent 3,530,000
Basic earnings/(loss) per share (Subunit) 0.29

tkl88

8,712 posts

Posted by tkl88 > 2020-08-26 12:25 | Report Abuse

Walaoeh, really unbelieable !

Revenue at => 30 million ringgit !
Profit/(loss) before tax at => 4.4 million ringgit !

Don't play play man !
Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-08-26 12:27 | Report Abuse

Like that can announce another 2 cents per unit dividend lar by September 2020 !

Huat ah ! Heng ah ! Ong ah !

MAX8186

69 posts

Posted by MAX8186 > 2020-08-26 15:24 | Report Abuse

The NTA issue needs to be resolved.

tkl88

8,712 posts

Posted by tkl88 > 2020-08-26 15:53 | Report Abuse

Just a mistake make by the auditor, just asked the management to tell the auditor to issue a public announcement on the mistake been make and update it on the bursa website will do...

tkl88

8,712 posts

Posted by tkl88 > 2020-08-26 15:55 | Report Abuse

NTA should be 0.99 not 0.09
What a big mistake make by the auditor...

MAX8186

69 posts

Posted by MAX8186 > 2020-08-26 16:02 | Report Abuse

Many investors don't know. So, some are selling or not buying.

tkl88

8,712 posts

Posted by tkl88 > 2020-08-26 16:13 | Report Abuse

Once the auditor make amendment on this mistake,
Mkland's share price will immediately spike up to above 30 to 50 cents !

MAX8186

69 posts

Posted by MAX8186 > 2020-08-26 17:07 | Report Abuse

Insyallah but I already took profit. I will invest in this counter again after the issue is sorted out.

nemesis

3,994 posts

Posted by nemesis > 2020-08-26 17:47 | Report Abuse

Mkland already came out another announcement for the NTA correction fm 0.099 back to 0.990...

thesteward

6,782 posts

Posted by thesteward > 2020-08-27 02:40 | Report Abuse

Wow NTA close to rm1 and it is only at 15 sen n making decent profits . Super undervalue !!
Hope with this correction n reflecting the correct NTA Mkland can go tp at least 50 sen half of its nta value.

tkl88

8,712 posts

Posted by tkl88 > 2020-08-27 21:25 | Report Abuse

Dow Jones futures as at 9.23pm:
28,419.5 (+107.5) (+0.38 %)

tkl88

8,712 posts

Posted by tkl88 > 2020-08-27 22:21 | Report Abuse

As at 10.18pm,
Dow Jones at =>
28,484.54 (+152.62) (+0.54 %) !

nemesis

3,994 posts

Posted by nemesis > 2020-08-27 22:35 | Report Abuse

More property companies like LBS, E&O, Sime Darby properties, KSL and Sunway Bhd and etc mostly reported huge drop in net profit and losses due to the impact of MCO and yet Mkland seems unscathed by the MCO n reported improved earnings...Mkland still remain as net cash company with 4800 acres of massive landbank...

tkl88

8,712 posts

Posted by tkl88 > 2020-08-27 23:50 | Report Abuse

Tommorrow sure will gap up and break above 20 cents liao !
T.p by end of Sep 2020=> break above 0.30
T.p by end of Dec 2020=> break above 0.50
T.p by end of Mar 2021=> break above 0.70
T.p by end of Jun 2021=> break above RM1.00
T.p by end of Sep 2021=> break above RM1.50
T.p by end of Dec 2021=> break above RM2.00
T.p by end of Mar 2022=> break above RM2.50
T.p by end of Jun 2022=> break above RM3.00

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-08-28 08:38 | Report Abuse

Dow Jones closed at=>
28,492.27 (+160.35) (+0.57 %) !

MAX8186

69 posts

Posted by MAX8186 > 2020-08-28 09:58 | Report Abuse

Difficult to go up without dividend play. Mkland needs to put a dividend policy in place.

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