today i guess can close at 0.55...As i noticed past few days, they will ramp up the share higher at 2nd half around 15.30 to closing...so watch out for a break out later...It is MKLAND VS L&G for the Undisputed Champion Match...Ding!Ding!!! Both are unique it its own way...Mkland rich in Landbank and asset while L&G is great in Profit Earning...SO who do u think think is faster and stronger...Emkay or Mayland?????? we will see....
PETALING JAYA: MK Land Holdings Bhd is planning to launch at least RM500mil worth of properties next year, depending on market sentiment.
Chief executive officer Lau Shu Chuan told reporters following a shareholders’ meeting that the planned launches would very much depend on the market.
“RM500mil is a conservative figure. This could go up to RM700mil if the property market is good,” he said, adding that the company still had around 2,023ha of land in the Klang Valley, with 101ha in Damansara Perdana and the rest mostly in Perak.
Lau said the real property gains tax would have “some impact” on the market in the immediate term, but would smoothen out in the longer term.
He dismissed the worries over rising household debt (of which 55%, according to rating agency Standard & Poor’s, comprises mortgages), pointing out that it was not the only measure of the overall indebtedness of the country.
Lau said that while the debt warranted attention, it could not be denied that the debt was backed by tangible assets.
“You see, the good thing about this is that if you were a banker, the financial assets are actually two times the exposure. This means that for every dollar of debt, you have two dollars worth of assets backing it. Although you have 80% of household debt to gross domestic product, most of these debts are actually secured debts,” he said.
“This is an almost two times cover! So, don’t get so worried and say that the country is going to go under – no.
“I think the property market would do well,” Lau added.
thanks for letting go of this stock... for those who dunno how to value undervalued stock... i would think that this is all about noise here. Continue with the noise, its normal to happen in forum. and ITS forum anyway!.... go on guys! goooo.. make noise.. thank you :)
turun naik adalah perkara biasa utk urusan jual beli,jgn mudah panic.td everaging beli pada support 0.51. Bila mana keadaan trend market menunjukkan sentimen positif uptrend.mk land akan tetap naik,dan selepas ni akan cuba pecahkan tembok 0.54 sebelum menuju 0.62
MKLAND surely up...dont contra...sentiment markat world wide not so good today but mkland still up..if not so confident,buy when breakout (breakout 0.54),entry at 0.545..
tengok candle stick akan naik lagi..anyhow bergantung kepada ask person untuk main..td 2-3 heavy traffic pastu 3.30-4.00 pun heavy...56 ask with majoriti 1.193mil..esok naik lagi kot
Almost stock on bursa malaysia has risen up too much even no fundamental. MKLAND with great fundamental just started to run.The landbank- rich company will not simply surrender to their ' rival '.
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....
Lewis Lee
1,695 posts
Posted by Lewis Lee > 2014-04-21 11:36 | Report Abuse
pray hard, Kasi please don't throw !! If any news on Kasi, please alert us here !! Thank you !! and .... YAM ~~~~~ SENG ~~~~~~~~