If Mahsing acquired 12 production lines to produce Rubber Glove, may we suggest Mkland get ready 20 factories and production lines to ramp up gloves n PPE production since it has massive land in Perak...Luster has recently announced plans to venture into Glovemaking and its share price nearly tripled...Mkland must do the same before it is too late...
Mkland must make changes as property mkt is slowing down...it should venture into Glove industry in order to diversify its income base...convert any land it has in peninsula Malaysia n set up factories to produce Rubber Glove and I m very sure its share price wil launch to the moon...
Glove n PPE making is very easy production business in fact any Tom n Harry companies can do it with some diversion...Mkland has massive land maybe they can stop paying dividend n use tat cashflow to fund production set up to challenge Mahsing n the Big 5 of Glove stocks...
At least u are doubting of Mkland ability to pay dividend as more land might be disposed to unlock deep value to mitigate the property slowdown...today or tomorrow should be dividend announcement date...Final Dividend of 1 or 2 sen...
Live: Muhyiddin's emergency plan rejected by Malaysia's King
Malaysia's King has rejected a proposal by Prime Minister Muhyiddin Yassin for a state of emergency to be imposed because of the coronavirus crisis. Follow the latest updates here.
6.40pm Malaysia King says no need at this time to declare emergency
Malaysia’s king, Sultan Abdullah Ahmad Shah, on Sunday rejected a proposal by Prime Minister Muhyiddin Yassin for a state of emergency to be imposed because of the coronavirus crisis. The palace said the Malaysian government has managed the pandemic well and is capable of continuing to manage the crisis under PM Muhyiddin Yassin, reported Reuters. The king also reminded politicians to stop all politicking that could affect the stability of the country.
yes, i trust nemesis, what he said is true, previously he said got dividend, it really payout first dividend in June 2020, now he said got final dividend, it will really announce by end of this Oct 2020 (Latest by this Friday announce) !
So, for those who wanted to get the dividend (which the return is far better than FD's 1.70%) so sailang at current record lowest price @0.135 ~ 0.14 Let say, if you buy 1,000 @0.135 for RM135=>1 cent dividend you get RM10 (return rate 7.4%) if you buy 10,000 @0.135 for RM1,350=>1 cent dividend you get RM100 (return rate 7.4%) if you buy 100,000 @0.135 for RM13,500=>1 cent dividend you get RM1,000 (return rate 7.4%) if you buy 1,000,000 @0.135 for RM135,000=>1 cent dividend you get RM10,000 (return rate 7.4%)
if you bought @0.135, dividend 1 cent, return rate is 7.4% , If this final dividend payout including early dividend in June 2020 equal = 2 cents per year, total return is equivalent to=> 14.8% ! if you buy 1,000 @0.135 for RM135 =>2 cent dividend you get RM20 (return rate 14.8%) if you buy 10,000 @0.135 for RM1,350=> 2 cent dividend you get RM200 (return rate 14.8%) if you buy 100,000 @0.135 for RM13,500=>2 cent dividend you get RM2,000 (return rate 14.8%) if you buy 1,000,000 @0.135 for RM135,000=>2cent dividend you get RM20,000 (return rate 14.8%)
Tis counter is Net Cash company...though its earnings not so impressive, it has all the land to quarantee steady dividend in tough n challenging business condition
Description: M K Land Holdings Berhad - Notice of Forty-First Annual General Meeting
Date of Meeting: 08 Dec 2020 Time: 10:30 am Venue(s): The Hive, Manila 2 & 3, Meeting Room, Unit 29-01, Level 29, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, JAlan Kerinchi, 59200 Kuala Lumpur, Malaysia
KUALA LUMPUR (Oct 31): Malaysia reported 659 new Covid-19 infections today, 80.3% or 529 of which came from the worst-hit state of Sabah, while the Klang Valley contributed 10.6% or 70 cases. This raised the country's cumulative positive cases to 31,548, according to the Ministry of Health (MoH). The number of recoveries hit 1,000 today — the country's highest so far in a day — as recoveries exceeded new infections for the second day in the past four days; on Thursday, recoveries came in at 685 versus 649 new infections. This means a total of 21,248 patients have recovered so far, yielding a recovery rate of 67.4% of total confirmed cases. As for active cases, which carry transmission risk, the tally is now down to 10,051 from 10,392 yesterday. The death toll, meanwhile, remained at 249 or 0.8% of total infections, with no new additions. No new infection clusters were reported today, according to the MoH. This means the number of active clusters remains at 33, while 114 clusters have ended. In Sabah, 205 cases originated from existing clusters, while 203 cases were discovered via contact tracing and 121 infections were discovered from other Covid-19 screening tests.
Selangor saw 55 new cases, 18 of which came from existing clusters, followed by 22 from contact tracing, and 15 from other Covid-19 tests. Labuan and Kuala Lumpur saw 12 and 11 cases respectively, followed by Sarawak (nine cases), Perak (six), Putrajaya (four), Kedah (two), Pulau Pinang (two), Terengganu (two), Pahang (one) and Kelantan (one). Meanwhile, 137 cases or 20.8% of total infections today were linked to the prison clusters and temporary detention centres, namely the Kepayan cluster (26 cases) and the Rumah Merah cluster (111 cases). Of the 659 cases reported today, one was an imported infection involving a foreigner who travelled from Bangladesh.
Declining R0 During the question and answer (Q&A) session today, MoH director-general Tan Sri Dr Noor Hisham Abdullah said Malaysia's R0, which measures the contagiousness of the virus, was brought down to 1.5 last week — from 2.2 at the start of the third wave of infections. A higher R0 translates into a higher rate of infection in the community. For comparison, the second wave had an R0 rate of 3.55. “Based on the projection for R0 of 1.5, daily new cases should be 1,357. If the R0 is 1.0, it should be 950 cases per day. However, we have been seeing daily cases of below 950 — at 799 yesterday and 659 today. So our R0 is currently below 1.0. “This means that the measures that have been enforced under the CMCO (conditional movement control order) for the past two weeks — that is, by allowing economic sectors to operate while toning down social, education and sports activities — have resulted in a lower rate of infection,” he added. Tan Choe Choe
Covid-19: Malaysia’s recovery on track, infectivity rate decreasing, says Health DG * NATION * Saturday, 31 Oct 2020 7:00 PM MYT By TARRENCE TAN and AUSTIN CAMOENS
PUTRAJAYA: Despite daily three-digit Covid-19 infection figures in the country, Health director-general Tan Sri Dr Noor Hisham Abdullah says Malaysia is on the road of recovery. This was because the projected figures were much lower than expected, as the Health Ministry was predicting a four-digit spike of 1,357 cases on Thursday (Oct 29), based on the 1.5 infectivity rate, or known as the R nought (R0), said Dr Noor Hisham.
If the R0 level was at 1.0, Dr Noor Hisham said Malaysia would have gotten 950 cases on Oct 30 and 955 cases on Oct 31. “But, there were only 659 cases on Oct 31. This means our R0 level is less than 1.0, ” said Dr Noor Hisham during a press conference at the Health Ministry in Putrajaya on Saturday.
“This meant that the conditional movement control order (MCO) that allows only the economic sector to function has a positive effect on reducing our R0 level to 1, ” he added. For an R0 level of 1, it means that each Covid-19 patient will infect one other person. Dr Noor Hisham also credited the lowered R0 level to the efforts of the Health Ministry, adding that they are now targeting to reduce the infectivity level to 0.3. Dr Noor Hisham also urged Malaysians to play their role in ensuring SOPs are adhered to in order to curb Covid-19.
Wow, Superb Good news ! Covid-19=>Malaysia’s recovery on track ! Furthermore next week is budget 2021 week and US presidential election will be over next week Wednessday ! So, next week start onwards will be the bull market for world stock markets including Malaysia’s KLSE !
New York (CNN Business)The Dow and S&P 500 were up on Monday, one day before Election Day, when Wall Street expects Joe Biden will win the presidency and Democrats will retake the Senate and maintain control of the House.
Stocks opened sharply higher before encountering some volatility and paring some gains. The Dow (INDU) was still up 1.4%, or some 360 points, mid-afternoon. At its high point, the index gained more than 500 points. The broader S&P 500 (SPX) was up 0.9%. Both benchmarks are retracing some of their losses from last week, when they recorded their worst week since March. Meanwhile, the Nasdaq Composite (COMP) reversed its earlier gains and fell 0.2% in mid-afternoon trade. Although stocks typically favor Republican policies, investors are eager for more fiscal stimulus, that will buoy an economy headed south once again as coronavirus cases soar. Investors predict a "blue wave" would lift the chances of a comprehensive stimulus deal getting passed in the winter.
A Biden win would also likely mean less news and headline risk for stocks in the term to come, investors believe. "If the polls are roughly right, Joe Biden is going to win the election comfortably and we will know that before midnight tomorrow," said Andy Laperriere and Don Schneider at Cornerstone Macro. Even if the polls are wrong, the evidence is still pointing to a Biden victory, they added. Prediction market PredictIt puts a Biden win at 65%. "We have been emphasizing that the Senate outcome is important for the trajectory of fiscal policy," said Citi economist Andrew Hollenhorst in a note to clients, even though neither party is likely to get a filibuster-proof majority so bipartisan cooperation could still be needed for the next stimulus bill. "Under any election scenario we expect a $1.5 trillion plus fiscal package, possibly as early as just post-election," Hollenhorst said. Congress has been stuck on negotiating a second stimulus deal since the summer. Investors have been waiting for results, getting jumpy at any headlines about the progress. What this really tells us is that markets believe the US economy needs more help getting back on track as the effects of the CARES Act are running out. So far the economy's improvements have been rather uneven. For example, millions of jobs have been added back since the spring lockdown, but the economy is still down more than 10 million jobs from February. Millions of Americans still need government benefits to make ends meet, and that's bad news because the US economy relies heavily on consumer spending. Analysts at Goldman Sachs (GS) expect consumer spending to wane in the coming months because of the Covid-19 resurgence is keeping people at home and any new stimulus package will probably take until 2021 to kick in. And as if this election and its repercussions weren't enough for investors to think about, the week is also filled with important economic reports, including the October jobs report. On Monday, the Institute for Supply Management reported that America's factories did better than economists had predicted in October. The sector's purchasing managers' index rose to 59.3 points from 55.4 points in September, its highest level since September 2018. Any value over 50 denotes an growth in the sector.
Latest US election update ! As at 12.25pm, Joe Biden already have 209 votes leading Donald Trump's 118 votes by 91 votes, Joe Biden just need only another 61 votes then will won the US election !
Though a bit disappointed tat final dividend cut for tis year, its latest annual report stated that its balance sheet remain strong we believe Mkland won't be affected much and wil at least maintain 1 sen interim dividend nxt year and tis translate to a dividend yield of at least 7%...Now tat Vaccine will be available to the world soon, I believe economy should recover strongly same goes to property mkt...at 0.135 it is still deeply undervalued given the fact tat it owns 4800 acres of undeveloped landbank...Reiterate BUY!
nemesis n tk188 how n from where both of u get all this final dividend information ? haha insiders news or both of u mkland staff ????? Happy trading for both of u .
Superb good news from budget 2021 for the property sector !
购阁直房屋及首购族购50万房产免印花税 https://www.sinchew.com.my/content/content_2372213.html 1)革免个人的产业盈利税, 有效期限从2020年6月1日至2021年12月31日, 每个人限售3个住宅单位. The exemption for personal or individuals on property gain tax(RPGT), valid from June 1, 2020 to December 31, 2021, each person is limited to the sale of 3 residential units.
2)The RM500,000 or below starter homes likely to boom Buyers for first homes priced below RM500,000 will get FULL STAMP DUTY exemption on Memorandum of Transfer (MOT) and loan agreement. This is effective for agreements inked from January 2021 all the way to December 2025. If this is not attracting first time home buyers to buy, I am not sure what else would.
3)Rent-To-Own scheme for FIRST-TIME home buyers only Government to cooperate with selected financial institutions to provide a Rent-to-Own scheme. This programme will be implemented until 2022 involving 5,000 PR1MA houses with a total value of more than RM1 billion and reserved for first-time homebuyers. This is a SUPER important measure in my opinion. Many may want to buy a home but may not yet have enough downpayment. With this scheme, the buyer can start to become more responsible and may have a chance to own a home a few years down the road.
4)Stamp Duty exemption on stamp duty exemption on loan agreements and transfers given to rescue contractors and original buyers of abandoned houses This has been extended for another five years. Finance Minister Datuk Seri Zafrul Tengku Abdul Aziz said, “This exemption is for the sale and purchase agreement completed from Jan 1, 2021 until Dec 31, 2025 for abandoned housing projects approved by the Ministry of Housing and Local Government.”
5)New homes under People’s Housing Programme and Rumah Mesra Rakyat RM1.2 billion will be provided to build up to 14,000 houses under the People’s Housing Programme and RM315 million to build 3,000 units of Rumah Mesra Rakyat by Syarikat Perumahan Negara Berhad (SPNB).
There are 5 things mentioned above on Budget 2021 for property market. Actually, the above is to stimulate the property market and it is mostly targeted at first time home buyers which will be a very big group. By the way, majority of buyers are buying RM500,000 priced homes or lower and not homes priced above RM500,000. Thus, if the property market moves, this will create a lot of positive stimulus effects to the construction industry too. In other words, these 5 things done right will create more than 5 benefits listed above. Happy thinking about it, seriously. (I meant first-time home buyers) !
By Jonathan Martin and Alexander Burns * Nov. 7, 2020 Updated 12:48 p.m. ET
Joseph R. Biden Jr. achieved victory offering a message of healing and unity. He will return to Washington facing a daunting set of crises.
Joseph Robinette Biden Jr. was elected the 46th president of the United States on Saturday, promising to restore political normalcy and a spirit of national unity to confront raging health and economic crises, and making Donald J. Trump a one-term president after four years of tumult in the White House. Mr. Biden’s victory amounted to a repudiation of Mr. Trump by millions of voters exhausted with his divisive conduct and chaotic administration, and was delivered by an unlikely alliance of women, people of color, old and young voters and a sliver of disaffected Republicans. Mr. Trump is only the third elected president since World War II to lose re-election, and the first in more than a quarter-century. The result also provided a history-making moment for Mr. Biden’s running mate, Senator Kamala Harris of California, who will become the first woman to serve as vice president. With his triumph, Mr. Biden, who turns 78 later this month, fulfilled his decades-long ambition in his third bid for the White House, becoming the oldest person elected president. A pillar of Washington who was first elected amid the Watergate scandal, and who prefers political consensus over combat, Mr. Biden will lead a nation and a Democratic Party that have become far more ideological since his arrival in the capital in 1973.
President Biden is favours to world trade ! World economy will start booming from today onwards ! And asian stock markets including KLSE will be in bull market from today onwards ! As at 2.10pm, Hang Seng : 26,095.46 (+382.49) (+1.49 %) Shanghai composite: 3,380.38 (+68.23) (+2.06 %) Nikkei : 24,912.31 (+587.08) (+1.41 %) Taiwan Weighted : 13,127.47 (+153.94) (+1.19 %) Korea Kopsi : 2,449.96 (+33.46) (+1.38 %) Singapore STI : 2,611.34 (+32.66) (+1.27 %)
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 > 2020-10-20 14:21 | Report Abuse
For this I totally agree with you TLK, Mkland will join Mahsing n Lsteel soon to rise like mad!!!