Posted by nemesis > 2023-08-11 10:10 | Report Abuse

0.19 all swallowed up...0.20 is coming today

Posted by Madjin Gun > 2023-08-11 10:33 | Report Abuse

EP @ 0.19, TP @ 0.28 = ROI 100%

Posted by nemesis > 2023-08-11 10:50 | Report Abuse

0.195 all swallowed up...0.20 is easily achieved today

Posted by nemesis > 2023-08-11 10:53 | Report Abuse

Will there be LIMIT UP today for MKland???

Posted by nemesis > 2023-08-11 10:56 | Report Abuse

Even at 0.20 it is still deeply undervalued compared to its NTA of 1.02 and it's RNAV of estimate 2.60 per share after revaluation of all its 4800 acres massive landbank which was acquired at low price last time...

Posted by nemesis > 2023-08-14 08:50 | Report Abuse

Now that state election is over, let's come together to push up MK back to its real intrinsic value...I m truly confident it can reach 0.30 very soon...ini KaliLahhhhh!!!!!

Posted by TheCrown > 2023-08-14 09:22 | Report Abuse

0.495 is the limit price for today. Can it reach its target? This counter is already long overdue.. Kasi satu kali limit up!

Posted by Madjin Gun > 2023-08-14 10:09 | Report Abuse

MK Land have potential. It just a matter of time now.

Posted by nemesis > 2023-08-14 11:50 | Report Abuse

MK is the cheapest entry to RE besides Jaks... But Jaks doesn't have 4800 acres of land...so pls make Ur wise decision b4 it is too late...

Posted by Madjin Gun > 2023-08-14 16:24 | Report Abuse

For anyone who think what is RE, please read this article.

https://www.reuters.com/plus/malaysias-renewable-energy-transition

Malaysia government really want to fulfill this policy and need to be done asap before 2025.

Posted by nemesis > 2023-08-14 17:03 | Report Abuse

Mkland is transforming into a Renewable Energy powerhouse...it will bring recurring income for the next 25 yrs to come without depending too much on property which is so cyclical...Mkland is the only listed company in Bursa to be awarded RE projects by the Govt...its earning is expected to rise in the future... Reiterate BUY with limit up price of 0.50

Posted by nemesis > 2023-08-14 20:37 | Report Abuse

To be exact the only listed property counter listed in Bursa to have secured LSS4 and CGPP Solar project...

Posted by Madjin Gun > 2023-08-15 08:27 | Report Abuse

LSS4 - Large Scale Solar 4 (LSS4)

Malaysia has opened competitive bidding for one gigawatt (GW) of solar plants worth about RM4 billion, the largest capacity offered under its Large Scale Solar (LSS) scheme. The Ministry of Energy and Natural Resources, via the Energy Commission, is requesting proposals through competitive bidding process for the development of the fourth cycle of LSS (LSS4) projects. The solar plants under LSS4 are expected to start operating latest by December 31 2023, as the development of each plant would take up to 18 months. LSS4 offers a 1.0GW solar quota through the bidding process and is opened to fully-owned local companies or with at least 75 per cent local shareholding for companies listed on Bursa Malaysia. The projects are expected to be commissioned by end-2023, with a term of 21 years for each LSS plant.

M K Land is pleased to announce that Solar Citra Sdn Bhd (“SCSB”), a wholly-owned subsidiary of M K Land Resources Sdn Bhd, which in turn is a wholly-owned subsidiary of the Company, had on 30 May 2023 achieved Commercial Operation Date (“COD”) for the LSSPV Project under LSS4@MEnTARI.

The Energy Commission (“EC”) through its Letter dated 10 July 2023 notified SCSB of the following:

1. Based on Clause 3.3 Conditions Precedent to Commercial Operations of the Power Purchase Agreement (“PPA”) dated 26 August 2021 and Letter from Tenaga Nasional Berhad (“TNB”), EC confirms that documents for testing and commissions is complete.

2. TNB confirms that SCSB has fulfilled the requirement and the main pre-requisite of the Guidelines on Large Scale Solar Photovoltaic Plant for Connection to Electricity Networks, 2016.

3. EC has no objection for the solar power plant belonging to SCSB for COD on 30 May 2023.

4. The LSSPV Project is the first successful completion under the LSS4@MEnTARI in the state of Perak Darul Ridzuan. The LSSPV Project will provide a steady stream of recurring income from electricity sales for SCSB.

With the 4-year PPA extension for LSS4 projects, the earning visibility for SCSB will be strengthened for the next 25 years, as compared to the initial 21 years.

Posted by Madjin Gun > 2023-08-15 08:33 | Report Abuse

Corporate Green Power Programme (CGPP

CGPP is a virtual power purchase agreement between a corporate consumer and a solar power producer for the virtual supply of energy. This enables corporates to participate in the promotion and use of RE in their business operations, the brokerage noted.

The government expects to introduce two new road maps potentially by end of August this year. These are the National Energy Transition Roadmap and the Hydrogen Economy and Technology Roadmap.

Solar Citra Sdn Bhd (“SCSB”), a wholly-owned subsidiary of M K Land Resources Sdn Bhd, which in turn is a wholly-owned subsidiary of the Company, has received a Letter of Notification of Application Status for Corporate Green Power Programme (For Solar PV Plant) (“CGPP”) from the Energy Commission (“EC”) dated 7 August 2023, where the consortium of SCSB and TotalEnergies Renewables SAS was one of the consortium selected out of 71 applicants as a successful Solar Power Producer under the CGPP.

The consortium’s application has met the criteria as stated in the Information Guide for CGPP (For Solar PV Plant) (“CGPP Information Guide”) for the Development of Photovoltaic Plant under the CGPP, with capacity of 29.99MW in Mukim Padang Meha, Daerah Kulim, Kedah for commercial operation in 2025, subject to fulfilment of additional requirements of CGPP Information Guide, Single Buyer (ring-fenced entity within Tenaga Nasional Berhad) and New Enhanced Dispatch Arrangement (NEDA) Programme.

Posted by nemesis > 2023-08-15 09:02 | Report Abuse

Madgin, Mkland is expected to announce more RE collaboration moving fwd...I see Mkland more like RE player now rather than a property developer...Renewable Energy is the next bull market theme in Bursa...Mkland is CHEAPEST Solar players currently but offers the most value due to the 4800 acres of land it owns... Reiterate BUY with a TP of 0.50 soon...

Posted by Madjin Gun > 2023-08-15 09:13 | Report Abuse

Yes, I saw the pattern. Before this, EV and now is RV. All EV players has reap their profits, now RV players turn. Let see.

Posted by nemesis > 2023-08-15 09:14 | Report Abuse

https://www.thestar.com.my/business/business-news/2022/11/12/staying-optimistic

Posted by nemesis > 2023-08-15 09:16 | Report Abuse

Why Sell now when u know it is gonna hit 0.50 soon????

Posted by nemesis > 2023-08-15 09:26 | Report Abuse

I long to see Mkland returns to its former glory during its heydays when its share price skyrocketed to nearly 4.00 twenty yrs ago...things are looking optimistic for MK now as it has successfully diverted to RE without relying solely on property sales...Don't forget MK is also operate resorts and theme park and with more arrival of tourists fm China, Mkland should see brighter days ahead

Posted by speakup > 2023-08-15 09:30 | Report Abuse

Yeah Malaysia experiencing a property boom now

Posted by nemesis > 2023-08-15 10:06 | Report Abuse

BUY BUY Buyyyyyyy calling all comrades here to take your position now before you are completely left behind...Just buy and hold Mkland as it is truly undervalued at all corners...It is supported with Net Asset Value of 1.02 per share with zero gearing...

Posted by nickyeo55 > 2023-08-15 10:11 | Report Abuse

Nemesis historically high is much higher than $4.00. Can u help us to check ?

Posted by nemesis > 2023-08-15 10:15 | Report Abuse

It is JAKS Vs Mkland now...these 2 counters are the most cheapest LSS4 and CGPP winner recently...Jaks is now 0.205

Posted by scjm > 2023-08-15 10:41 | Report Abuse

historic high was way back to 1/1/1997 at 14.525....tp1 23 to 25

Posted by nickyeo55 > 2023-08-15 10:49 | Report Abuse

I thought I saw higher than this but I cannot recall from which sauce .

Posted by nemesis > 2023-08-15 10:49 | Report Abuse

Scjm, are u sure Mkland hit 14.00 in 1997?

Posted by nemesis > 2023-08-15 10:52 | Report Abuse

Big Boys like Mahsing n Ecoworld have risen up soon we might see a bull run in property stocks lifting up one by one...

Posted by scjm > 2023-08-15 10:58 | Report Abuse

nemesis positive

Posted by limitupandsurewin88 > 2023-08-15 11:18 |

Post removed.Why?

Posted by Madjin Gun > 2023-08-15 11:56 | Report Abuse

Let me breakdown to you what nemesis means by this statement,

'It is supported with Net Asset Value of 1.02 per share with zero gearing.'

Gearing, also known as leverage, refers to the extent to which a company is financed by debt (loans or bonds) compared to equity (shares). A company with zero gearing means that it has no debt in its capital structure; it is entirely funded by equity.

Net Asset Value is a measure used in finance to determine the value of a company's assets minus its liabilities. It essentially represents the per-share value of a company's assets. In this context, the Net Asset Value is given as 1.02 per share. This means that, according to the calculation, each share of the investment or company is worth 1.02 based on its underlying assets and liabilities.

Putting it together, MK Land has a Net Asset Value of $1.02 per share. Additionally, the company has no debt or gearing, meaning it's financed solely through its own equity.

Posted by nemesis > 2023-08-15 13:26 | Report Abuse

Beautifully explained Madgin, that is only the NAV...there is also RNAV which is Revaluation its landbank n building assets to current price value as its 4800 acres has never been revalued for more than 20 yrs...Under the Land held for development in its balance sheet is stated 750 mil-780 mil at book value which they acquired at dirt cheap price...Now all the landbank is worth more than 5 bil as land value has appreciated several folds...Hence its real value on accounting std is 2.50-3.00 per share...At 0.205 it is still deeeeppplyyyyyy UNDERVALUED!!!

Posted by nemesis > 2023-08-15 13:34 | Report Abuse

Dun forget when MK injected assets into Mkland, he had done it at price of around 1.00, thus at 0.205 they are sitting at huge losses by now...They Wil surely ramp it up again above 1.00 to get even when the time and its business fundamental is right...u are safe with this company cos they have never come out with Right Issue or private placement whenever they launch projects as the are financially sound under the umbrella of Emkay Group...

Posted by nemesis > 2023-08-15 14:19 | Report Abuse

Get ready for 2nd half all comrades...Cos Rocket is gonna take off anytime soon later Buy it while u still can otherwise u will be left behind forever...

Posted by Madjin Gun > 2023-08-15 14:35 | Report Abuse

Thank you for the explanation RNAV, nemesis. You have pique my interest to go deeper on this hidden gems. Its still fascinating that the company can maintain a good financial even PKP era. They are sleeping giant, now time to wake them up. Good call

Posted by nemesis > 2023-08-15 14:47 | Report Abuse

Woohoo, 0.205 all swallowed up...0.21 is next

Posted by nemesis > 2023-08-15 14:48 | Report Abuse

Let's come together in unity to push up Mkland back to the Radar screen....

Posted by Madjin Gun > 2023-08-15 14:54 | Report Abuse

Wow 0.21 break, so exciting. Smart money has entered the game. Holddd

Posted by nemesis > 2023-08-15 14:54 | Report Abuse

Wohooooo....0.21 all swallowed up...next is 0.22

Posted by limitupandsurewin88 > 2023-08-15 14:56 |

Post removed.Why?

Posted by Madjin Gun > 2023-08-15 16:01 | Report Abuse

Why keep selling at 0.21??? This is insane

Posted by nemesis > 2023-08-15 17:02 | Report Abuse

This is normal as majority of investors in Bursa are traders and speculators...Don worry about its up and down...Wat we care about is the underlying business behind the company and not fluctuation of stock price...

Posted by nemesis > 2023-08-15 17:05 | Report Abuse

Owner of Mkland must play important role to acquire its own stock to corner it so that there won't be much share outstanding for traders to play around...once a stock is cornered then it is easily up to MKland whether they want it at 0.50 0r 1.00 or 1.50

Posted by nickyeo55 > 2023-08-15 17:06 | Report Abuse

Haha those who goreng must buy n sell . If buy only no selling will get stomach aches.

Posted by nemesis > 2023-08-15 17:06 | Report Abuse

Tomolo Wil surely up another 2 Sen slowly and surely all the way to 0.30 soon

Posted by Madjin Gun > 2023-08-16 08:35 | Report Abuse

Greetings all, let see how MK Land performance today. Will it go higher or retrace back to 0.19? Go MK Land

Posted by nemesis > 2023-08-16 08:40 | Report Abuse

Madjin, there is no way Mkland gonna retrace back to 0.19...From now now on u wil never see MK below 0.20 now that it has 2 Solar plants that wil provide steady cashflow for the next 25 yrs to come...Now MK has fundamental footing that can support its share price... Reiterate BUY with a TP of 0.50 as more projects will be launched soon...

Posted by Madjin Gun > 2023-08-16 08:53 | Report Abuse

I hope so nemesis, if there are some profit taking activity, hoping there are enough buyer to support the price.

Posted by nemesis > 2023-08-16 09:15 | Report Abuse

Profit taking Wil surely take place but our perspective view is long term...Fresh buying support shall emerge to lift up mkland

Posted by nemesis > 2023-08-16 09:21 | Report Abuse

The power of Ayala land will be unleashed today

Posted by nemesis > 2023-08-16 09:39 | Report Abuse

Mkland and Avaland these are the 2 most undervalued property counter ever found in Bursa now...