Its RNAV increased to 1.67 from 1.56...At 0.47 it is still trading at a huge discount to its asset and landbank value...furthermore it is stated tat recent land disposal gain will be recognized in 4th qtr of 2014 it means tat we will expect a surprise explosive profits soon...What is tat 20 mil LAD compare to the massive landbank they are owning...Tis report fm Publicinvest came out just to scare you so tat u will sell and dump cheap so tat certain parties can buy cheap//// i really know their tricks...as simple as tat.
It has a good land bank. Management is The PROBLEM. I bought many donkey's years ago at 85. drop to 35 NO BUY. Now looks OK. someone said. technically uptrend just began.safe if crosses 49.5cents.May want to Go in.
If Mkland owned good location lands, It would have developed long time ago. I heard that those landbank are not really suitable for property development. But it's good for telling investors that this counter has been severely undervalued landbank for goreng purposes.
Public investment bank research maintain outperform on MKLAND with tp of 80sen after a meeting with management recently revealed that the group is still working on launching a few projects in damansara samai and damansara perdana with a combined GDV of more than rm1billion.
market is super bullish on all the small cap property now. looking at l&g, seal & mkland. all going higher. plus now there isnt kasi there to dump the shares. definitely can break 0.50 as the bullish momentum continue
based on the trend, kasi wont be in till next mid year. so the price resistance is no longer there, hence it will be easier to push higher for now. with the positive momentum across the property. all these small cap should have a fantastic gain.
wow by next yr mkland will begin to develop 2 condo in Damansara Perdana and another 2 condo in Damansara Damai so total of 4 development...Tis will surely sustain its earning to greater height....Tat why price begin to rise to factor in tis future developments...sud rise to 0.60 if u really factor in these developments.
most likely they will unveil the DP this year, hence should expect the sales contribute awesomely to this year financial. Besides, ppl will rush to buy the property before the GST, so it should at least move up to RM 1.00 coming to this year end.
thats y once the DP is launched, ppl will rush to buy such a good location kind of property. So the RM 700m will be reflected to this fy. hence the price now is still cheap before the project is being launched.
Normally property launch will take 24 months to complete for high rise at lease 36 months if any property launching now onwards they will calculate to progress and they will price in the GST cost. Because almost all material will add 6% then who will pay the extra cost, of course those buyers.
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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 > 2014-06-14 11:21 | Report Abuse
Its RNAV increased to 1.67 from 1.56...At 0.47 it is still trading at a huge discount to its asset and landbank value...furthermore it is stated tat recent land disposal gain will be recognized in 4th qtr of 2014 it means tat we will expect a surprise explosive profits soon...What is tat 20 mil LAD compare to the massive landbank they are owning...Tis report fm Publicinvest came out just to scare you so tat u will sell and dump cheap so tat certain parties can buy cheap//// i really know their tricks...as simple as tat.