MK LAND HOLDINGS BHD

KLSE (MYR): MKLAND (8893)

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Last Price

0.215

Today's Change

0.00 (0.00%)

Day's Change

0.21 - 0.215

Trading Volume

561,900


22 people like this.

10,068 comment(s). Last comment by nemesis 2 hours ago

nemesis

3,854 posts

Posted by nemesis > 2020-12-30 08:14 | Report Abuse

MK is slowly trading back to its fundamental value and this is not volatile spike...the closest comparison to Mkland is E&O property... Mkland has Share outstanding of 1.2 bil shares while E&O is ard 1.4 bil shares... E&O total land value and GDV is even much lesser than Mkland's total GDV of ard 16 bil... and yet E&O share price is traded at 0.475 n MK still lagging behind...E&O financial performance even not so profitable during tis downturn registered some losses while Mkland maintained to be slightly profitable...SO if E&O can fetch tat much at 0.475, then MK should worth ard 0.45-0.50 if all of us here do a fair comparison...All comrades n faithful supporters here must continue to raise awareness tat tis MK is truly UNDERVALUED! Let's come together and buy before it reaches its full fair value potential...i now declare MK is the most Undervalued n forgotten property stock in Bursa n no others come close...

Anaconder

1,031 posts

Posted by Anaconder > 2020-12-30 10:12 | Report Abuse

Look like coming

Posted by Ding HL Allan > 2020-12-30 11:16 | Report Abuse

Nemesis. Well said. MK Land shares should catch up with E&O share prices easily. Thanks for your realistic comparison between E&O 1.4 billion shares and MK Land 1.2 billion shares. Both are RM1-00 shares too?

nemesis

3,854 posts

Posted by nemesis > 2020-12-30 11:27 | Report Abuse

MK should spike 2nd half later...now still mild profit taking to clear T+2 contra...Get ready for Bumper rise in the afternoon...

nemesis

3,854 posts

Posted by nemesis > 2020-12-30 11:31 | Report Abuse

Even Malton and Glomac can't beat MK in terms of total landbank and GDV and yet MK lagging behind while Malton already at 0.53 and Glomac at 0.32...MK is Net cash company while Malton n Glomac full of borrowings...Pls dun be skeptical anymore...MK should deserve to be trading above 0.30...

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2020-12-30 12:10 | Report Abuse

Cmon la go spike up +10cents 20cents.

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2020-12-30 16:14 | Report Abuse

Aiya....................

Posted by bluesky168 > 2020-12-30 16:19 | Report Abuse

Don't worry, with it's valueble landbanks & NTA 0.99
spike up 10 ~ 20 cents is sap sap sui nia ~
tomorrow windows dressing it probably will limit up ~
Just wait & see ~

Bruce_ali

61 posts

Posted by Bruce_ali > 2020-12-30 17:01 | Report Abuse

aku baru balik bukit merah waterpark.fuhh gila punya ramai

nemesis

3,854 posts

Posted by nemesis > 2020-12-30 19:31 | Report Abuse

Okay today profit taking...i see that as positive as share prices move in zig zag direction before it moves higher and higher gradually...Tomolo wil continue uptrend...BUY!

nemesis

3,854 posts

Posted by nemesis > 2020-12-31 08:39 | Report Abuse

Good Day...Mkland is ready to climb higher today after contra profit taking took place yty...lets join forces together to lift up this awakened giant to new high 0.30 must be achieved...

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2020-12-31 15:01 | Report Abuse

Go spike lor.. others already spike 2,3 times like nobody business.

Posted by SingInvestor > 2020-12-31 16:41 | Report Abuse

Happy New Year and a Great 2021 ahead for us.

Musang King

1,007 posts

Posted by Musang King > 2020-12-31 17:09 | Report Abuse

Yes. Wishing all of us HAPPY NEW YEAR 2021 and a bright one for all KLSE investors. Make MK Land back to 40 sen a share in 2021. Cheers.

nemesis

3,854 posts

Posted by nemesis > 2021-01-01 16:39 | Report Abuse

Happy New Year 2021...together we come together to bring back life to Mkland share performance...2021 should lay the foundation for Mkland to move forward to 0.30 and above...After new year holiday Mkland will find new strength!...

Posted by bluesky168 > 2021-01-03 20:55 | Report Abuse

After the recession 2015-2020, New year 2021 on-wards will be the start of bull market ~
Mkland tomorrow will spike up to break above 0.25 ~

JayC88

898 posts

Posted by JayC88 > 2021-01-04 07:35 | Report Abuse

Happy new year all.

nemesis

3,854 posts

Posted by nemesis > 2021-01-04 07:57 | Report Abuse

Good Morning all comrades, after a long holiday Mkland should see renewed strength testing new high on new buying interest as profit taking is completed...0.30 must be achieved as 0.20 is just tooooo low for an asset rich company like Mkland that is sitting on 4800 acres landbank...just compare Malton, E&O, Glomac with Mkland and you wil see that MK is the lowest among them though Mk's total landbank is larger than all of them and its balance sheet is stronger than all of them...So a revaluation must be done to evaluate Mk's true fundamental value in comparison to other Mid and small cap developers...Asset by itself deserved to be evaluated besides earnings...Mkland is an Ultimate Asset Play counter tat is deeply undervalued waiting to be lifted up high soon...All of you must participate and give full support to ramp up this battered stock...

nemesis

3,854 posts

Posted by nemesis > 2021-01-04 11:30 | Report Abuse

MK Rebounding fm ashes today... Holding quite well in the sea of Red today...we might see great Rebound today

Superdaddy

149 posts

Posted by Superdaddy > 2021-01-04 16:15 | Report Abuse

Took in another 40k shares at RM0.195 to average up loh. Cheers!!!

nemesis

3,854 posts

Posted by nemesis > 2021-01-04 16:57 | Report Abuse

Holding quite steady when all others bloodbathed...Sure wil Rebound tomolo

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2021-01-06 12:30 | Report Abuse

New year..still no spike..got some already 3rd time spike.

nemesis

3,854 posts

Posted by nemesis > 2021-01-06 17:44 | Report Abuse

Selling is overdone after few days...tomolo should see a meaningful Rebound as Mkland is oversold currently...

Musang King

1,007 posts

Posted by Musang King > 2021-01-06 17:55 | Report Abuse

Got caught into the Sea of Red. No thanks to all the instability caused by our political goons and people who gave all their supports to the PH govt in the last election that helps created all this political instability today. We have to accept that we, as rakyat are deceived by all the political promises and goodies of a swift and a clean government ahead. Instead we receive all the instabilities we are receiving today. Everyday we got shocks and awes for someone aiming to be the coming Prime Minister. Really disgusting to hear to our ears as an investors in the Bursa.

Musang King

1,007 posts

Posted by Musang King > 2021-01-07 15:07 | Report Abuse

I support buying at 16.5 sen level. Please support too and I also hope MK Land management also do their own support as well. Many Thanks to all if you do. Thank you. Unity is strength. Cheers. We want it to stay above 20 sen.

nemesis

3,854 posts

Posted by nemesis > 2021-01-07 15:59 | Report Abuse

Waste no time here comrades... It is time to bargain hunt and pick up at depressed price... Wat else u want 0.17 already a great bargain to all of you...buy before it stages a great rebounds tomolo...

Musang King

1,007 posts

Posted by Musang King > 2021-01-07 16:17 | Report Abuse

God bless. I managed to get 500,000 shares at the price of RM0.165 just now. Queue to buy more at 16 sen too.

nemesis

3,854 posts

Posted by nemesis > 2021-01-07 20:48 | Report Abuse

Tomolo should Rebound strongly 0.165 is really dirt cheap which you have bought...

Musang King

1,007 posts

Posted by Musang King > 2021-01-08 17:16 | Report Abuse

Due to market weakness, I managed to buy an additional 1 mil shares at 16 sen at 4.40 pm today. I have faith the KLSE market will rally again after a short breather and profit taking week. Today last minute, the KLCI closed 30 points higher and all the Glove Industry stocks like Harta (up RM1.60) , Supermax (up RM1.25) and Topglove (up RM0.70) increased double digit gain today. I wish that the political leaders stop dreaming and stop all their political hoo haa for the sake of the country's economical stability.

nemesis

3,854 posts

Posted by nemesis > 2021-01-08 17:57 | Report Abuse

Good to hear that u have faith in Mkland...

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2021-01-11 10:19 | Report Abuse

All dream shattered now?

If rumors of lockdown actually happen, then another eternity before this can even smell 20cents.

But still hoped this can be that one black horse to actually turn my life around.

nemesis

3,854 posts

Posted by nemesis > 2021-01-12 09:32 | Report Abuse

Stay strong all my comrades here...there is still hope as MCO ppl might have more time to invest in the stock market and with that Mkland wil slowly climb back soon...It is time to accumulate now...

Musang King

1,007 posts

Posted by Musang King > 2021-01-12 15:14 | Report Abuse

Yes. I am watching this MK Land. Buy when it is still cheap.

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-13 10:21 | Report Abuse

Indonesia Is First to Approve Sinovac Vaccine Outside China
https://www.wsj.com/articles/indonesia-is-first-to-approve-sinovac-vaccine-outside-china-11610372933

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-13 10:21 | Report Abuse

Indonesia COVID vaccination to start Wednesday using Sinovac drug
https://asia.nikkei.com/Spotlight/Coronavirus/Indonesia-COVID-vaccination-to-start-Wednesday-using-Sinovac-drug

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-13 10:22 | Report Abuse

Pharmaniaga secures 14 mil vaccine doses from Sinovac, to be distributed by end-March
https://www.theedgemarkets.com/article/pharmaniaga-secures-14-million-vaccine-doses-sinovac-be-distributed-endmarch

nemesis

3,854 posts

Posted by nemesis > 2021-01-14 09:12 | Report Abuse

Mkland seems to be coming backkk

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-19 11:28 | Report Abuse

Mkland is coming ...

Posted by TheLastSurvivor > 2021-01-19 12:35 | Report Abuse

Patience is the key

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-20 11:16 | Report Abuse

Property sector on recovery path
Wednesday, 20 Jan 2021
https://www.thestar.com.my/business/business-news/2021/01/20/property-sector-on-recovery-path

PETALING JAYA: The property sector is poised for recovery in 2021, driven by a better economic outlook and historically low interest rate environment as well as pent-up demand.

Maybank IB Research expects buying sentiment on properties to improve in anticipation of a better economic outlook this year.
It also opined that sales for the first half of this year would perform better than the second half as buyers are expected to make full use of the Home Ownership Campaign (HOC) 2020 before it ends on May 31,2021.
“Property sales spiked up in May-June 2019 before the government extended the HOC 2019’s timeline to end-December 2019 from June 2019.
“We reckon a similar buying pattern may repeat and there could be a rush into buying property before the end of HOC 2020 on May 31,2021, particularly for properties priced above RM500,000, ” it said.
Last year was a challenging one for developers as the property sector faced a triple whammy of oversupply, a weak economy and the coronavirus pandemic, which led to various phases of the movement control order (MCO).
During the initial phase of the MCO, construction works were halted completely while sales galleries were closed for months and this led to weak sales and earnings performance in the first half of 2020.
Most of the developers under Maybank IB’s coverage had recorded losses in the nine-month period of last year, partly due to huge impairment losses.
While developers acclimatised to the “new norm” through digitalisation and virtualisation and aggressively marketed their products online, the government had also introduced a few policy easing measures during the Penjana last June.
These included stamp duty exemption on the instruments of transfer and loan agreement for the purchase of residential homes priced between RM300,000 and RM2.5mil, real property gains tax exemption for the disposal of residential homes from June 1,2020 to Dec 31,2021 and the lifting of the 70% financing margin limit on the third property onwards.
Stamp duty exemption on instruments of transfer and loan agreements for first-time home buyers for residential properties up to RM500,000 was also extended until Dec 31,2025.
These incentives, together with additional rebates offered by developers, will help reduce upfront costs related to property purchases, Maybank IB noted.
“Fiscal policy remains expansionary via Budget 2021 with a record spending allocation of RM322.5bil that includes an all-time high gross development expenditure.
“We also expect Bank Negara to stay accommodative to enable sustainable economic recovery and maintain the record-low overnight policy rate (OPR) of 1.75% until end-2021. Any change in the OPR this year will be cut(s) rather than hike(s), we believe. These will help to entice the potential property buyers into the market due to the cheaper costs for property purchases, ” the research house added.
Operationally, Maybank IB thinks developers are on “cleaner ground” post-kitchen sinking in 2020. The second MCO is expected to have a lower damage impact on sales.
However, Maybank IB highlighted that there are still risks to the sector, including political stability post-Emergency. Based on its observation, demand for big-ticket items such as properties usually drops around six months before a general election. Additionally, the economic recovery is reliant on the successful rollout of vaccines.
It also cautioned that the recovery in the local property market may be set back by the jump in the number of auctioned properties when the additional six-month targeted repayment assistance scheme expires end-June 2021.
“While demand-supply rebalancing will still take some time, we think the worst is over and homes sales may have hit bottom already and should improve year-on-year in 2021 on the above mentioned factors.”

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-20 12:13 | Report Abuse

Hang Seng Index renews attempt at 30,000 level as Hong Kong stocks rally on mainland fund inflows
Iris Ouyang Published: 11.02am, 20-1-2021
https://www.scmp.com/business/markets/article/3118428/hang-seng-index-renews-attempt-30000-level-hong-kong-stocks-rally

Hang Seng Index comes within 0.37 per cent of surpassing the 30,000 level last seen on May 3, 2019
Technology stocks rally with Meituan, China Mobile and Tencent rising more than 2 per cent; bourse operator HKEX reaches another record

Posted by Yogibear126 > 2021-01-20 13:28 | Report Abuse

Mk boss no money he is selling everything quietly

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-20 15:29 | Report Abuse

Millions rush into bullish China stocks, euphoria spills into Hong Kong
Wednesday, 20 Jan 2021 11:16 AM MYT
https://www.thestar.com.my/business/business-news/2021/01/20/millions-rush-into-bullish-china-stocks-euphoria-spills-into-hong-kong

SHANGHAI: Chinese mom-and-pop investors are stampeding into the stock market for fear of missing out on the bull run, with more than 1.6 million share trading accounts newly opened in December, doubling from a year earlier, latest data shows.
Mainland euphoria is also spilling across the border, with a record amount of Chinese money gushing into Hong Kong-listed stocks such as Tencent Holdings and Xiaomi Corp via the Stock Connect trading scheme.
The number of Chinese individual stock investors rose 11% on year to 177.4 million at the end of 2020. During each of the past 10 months, more than a million people opened trading accounts, data from China's securities clearing house showed.
China's benchmark CSI300 Index is flirting with record highs as the government seeks to channel household money into stocks to fund innovation, while curbing investment in real estate.
Investor optimism was also fueled by Beijing's bold capital market reforms and China's quick recovery from the coronavirus-triggered slump in early 2019.

sell

2,429 posts

Posted by sell > 2021-01-21 07:43 | Report Abuse

Tan Sri Mustapha Kamal still not buying? Wait 10 sen I buy.

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-25 19:35 | Report Abuse

Dr Noor Hisham sees glimmer of hope as Malaysia’s new Covid-19 cases dip to 3,048
Monday, 25 Jan 2021 05:44 PM MYT
BY EMMANUEL SANTA MARIA CHIN
https://www.malaymail.com/news/malaysia/2021/01/25/dr-noor-hisham-sees-glimmer-of-hope-as-malaysias-new-covid-19-cases-dip-to/1943860

KUALA LUMPUR, Jan 25 — Malaysia added another 3,048 more Covid-19 infections on the eve of the original expiry
of the renewed movement control order, prompting Tan Sri Dr Noor Hisham Abdullah to say the country’s situation could stabilise soon.
The Health director-general said the basic reproduction number (R0) of Covid-19 infections was already showing signs of decline,
adding that it should soon be as low as 1.06.
Today’s new cases were the lowest across the last 10 days in which the country also saw its highest ever new daily cases.

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-25 19:49 | Report Abuse

Health Ministry says govt not keen to implement MCO for a long period
By JOSEPH KAOS JR NATION Monday, 25 Jan 2021 5:55 PM MYT
https://www.thestar.com.my/news/nation/2021/01/25/health-ministry-says-govt-not-keen-to-implement-mco-for-a-long-period

PUTRAJAYA: The Health Ministry has hinted that the current movement control order (MCO) will end, followed by three months of conditional MCO.
Health director-general Tan Sri Dr Noor Hisham Abdullah said the government is not keen to implement the MCO for a long period due to the livelihoods it could affect.
“We do not want to prolong the MCO.
“If we implement the MCO for four weeks until early February, and then followed by a conditional MCO for three months, we hope we can reduce the number of Covid-19 cases to double figures,” said Dr Noor Hisham at a virtual press conference on Monday (Jan 25).
He said the current R0 (infectivity rate, pronounced R-naught) has gone down from 1.2 to 1.06, indicating that Covid-19 cases may be getting less.
“Today the number of cases is 3,048, which is less than yesterday (3,346 cases on Sunday).
“We hope the cases can stabilise at 3,000. Right now, the R0 has gone down from 1.2 to 1.06. But this is not enough.
“Tomorrow, it could be less than 1.06. Better if it is less than 1.
“So we are hoping in the first two weeks of the MCO, the number of cases is stable, and no increases.
“And then, after Jan 27, we expect to see the number of cases go down, ” said Dr Noor Hisham.
He said a prolonged MCO will be detrimental to the economy.
“If we prolong the MCO, our economy could be affected. We need to balance health and economy, as well as life and livelihood,” he added.
The MCO was first imposed from Jan 13 in several states and the Federal Territories for a period of two weeks, and was initially supposed to end on Jan 26. It was then extended to all states and the Federal Territories, except Sarawak, and will last until Feb 4.

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-26 04:43 | Report Abuse

No more MCO after 4 Feb. Bullish.

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-31 14:25 | Report Abuse

Pharmaniaga signs deal to supply 12 million doses of vaccine to MOH
Tuesday, 26 Jan 2021
https://www.thestar.com.my/business/business-news/2021/01/26/pharmaniaga-signs-deal-to-supply-12-million-doses-of-vaccine-to-moh

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-01 19:30 | Report Abuse

Covid-19: Malaysia snaps five-thousand streak as new cases drop to 4,214; 10 more deaths reported
Syafiqah Salim / theedgemarkets.com
February 01, 2021 18:26 pm +08

https://www.theedgemarkets.com/article/covid19-malaysias-new-cases-drop-4214-10-more-deaths

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-01 19:45 | Report Abuse

Superb good news !
First batch of Pfizer’s Covid-19 vaccine
will reach Malaysia on 26th of February 2021
3 more weeks to go !

◤新冠又一年◢首批辉瑞- BioNTech疫苗 料26日到!
https://www.chinapress.com.my/?p=2383630

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