Posted by daizan55 > 2014-11-06 09:02 | Report Abuse

2 cents dividend coming soon. Is MKLand becoming a dividend stock?

Posted by xfighter > 2014-11-06 10:01 | Report Abuse

when is the dividend, daizan55?

Posted by xfighter > 2014-11-06 10:05 | Report Abuse

snake_eye, why does mkland want to buy back the share?

Posted by daizan55 > 2014-11-06 10:18 | Report Abuse

Ex date is 11/12/2014. Why Buy back? Maybe like what is stated by kktom

Posted by kktom > 2014-11-06 17:10 | Report Abuse

to buy back share so that no other big timer to disturb,accumulate,control,takeover n etc...Later to sell in block to the major shareholder at the price HE wants.This is what I think logical.

Posted by kktom > 2014-11-06 17:11 | Report Abuse

Hapseng is an example.

Posted by kktom > 2014-11-06 17:13 | Report Abuse

If not the case than bonus issue 10:1 Or cancel the share

Posted by nemesis > 2014-11-07 12:10 | Report Abuse

for years Mkland had proposed share buyback renewal but never initiated any share buyback till now...So just talk empty only kaaaa? Said wanna buyback share but i waited until now for many yrs NO buyback was done...What is wrong?

Posted by kktom > 2014-11-07 20:28 | Report Abuse

they renewed it so they ve the option to play.

Posted by nemesis > 2014-11-08 12:00 | Report Abuse

now we just hope tat Mkland will dispose its Setiawangsa land by next year to maintain handsome dividend going forward...If sold at 96 million as projected, it could futher strengthen its balance sheet more and bring more cash flow so as to frank more dividend to shareholder...I guess it is better for MK to sell land than develop the land and the proceeds fm the land sale all give back all to shareholders...

Posted by Lewis Lee > 2014-11-08 18:50 | Report Abuse

Looks like Mustapha Kamal do not really give a F how the share price is doing !! He does no do nothing to spice up the price at all !
Worse still, his partner Kasi was dumping non stop ! Recently he stopped dumping, I guess maybe receiving too many criticism from minority so he tone down ?

Posted by daizan55 > 2014-11-08 22:24 | Report Abuse

Mkland has become a dividend stock. DY=8.6% for financial year 2014

Posted by nemesis > 2014-11-09 02:06 | Report Abuse

hopefully dividend will maintain at 3 cts yearly....I believe they declared additional 1 cts due to the previous land sale gain...i guess next year will reverse back to 2 cts yearly...not bad still more than FD rate...i hope they will also dispose its land in Perak tat has been idle and non performing for many yrs...Its land in Perak is not valuable at all...If not because of its Damansara Perdana Landbank, there is no way i will buy Mklank shares...Launching slow, project execution slow and weak, weak management, non aggressive launching are the main reason why it is still hovering below 0.50...MK must do something to spice up its share prices...

Posted by Lewis Lee > 2014-11-09 21:13 | Report Abuse

This week Fianacial weekly 'Focus' reporting on MK Land's new project of 'The Spire' a 48 storey high end condominium at Damansara Perdana selling @ 700 per square foot. GDV around 230 millions, to be launched early next year !
Hope market will respond to this news positively !

Posted by snake_eye > 2014-11-09 23:00 | Report Abuse

http://www.focusmalaysia.my/Assets/Iconic%20%E2%80%98Spire%E2%80%99%20for%20Damansara%20Perdana

Posted by nemesis > 2014-11-10 03:40 | Report Abuse

tis will surely spark new catalyst for Mkland moving forward...tis "spire' will surely enhance Mkland next coming launching in Damansara Damai...i believe its target price of 0.80 is attainable with its coming 4 blocks of medium to high end condominium to be launched nxt yr...

Posted by Jian Bin Siew > 2014-11-10 06:03 | Report Abuse

Hope that the timing of the lauching is right. Not too late.

Posted by nemesis > 2014-11-10 10:34 | Report Abuse

i am very sure spire' take up rate is 100% since it is the tallest structure in damansara perdana...i guess when launch on the first day all fully sold as it is something unique...

Posted by nemesis > 2014-11-10 10:36 | Report Abuse

after spire Mkland will sure continue launch the other 3 more condominium...

Posted by Lewis Lee > 2014-11-10 21:32 | Report Abuse

Nemesis, pls attend AGM and ask the management their plan for housing development in 2015 , the total GDV, thank you !

Posted by nemesis > 2014-11-10 23:07 | Report Abuse

i believe total new GDV for 2015 is 1 billion(4 condominium)...Even if u include all these 4 condos it is still not sufficient to enhance its profit performance...they must at least launch up to 5 billion GDV to deliver sterling performance since Mkland has large share outstanding...i just hope that they will come out with something big soon...the best thing is to take it private at 0.80 cts or higher...

Posted by nickyeo55 > 2014-11-11 00:44 | Report Abuse

Nemesis is there any rumors on privatization ?

Posted by Shacks > 2014-11-12 13:31 | Report Abuse

Is there any chance for this stock to go back 0.500???

This stock rebounded diligently after the correction, but still stuck below 0.50...

Posted by paraben > 2014-11-12 21:16 | Report Abuse

gently collecting for preparation of next hike when approaching ex-date

Posted by pbm8682 > 2014-11-16 13:42 | Report Abuse

this giant stock is still sleeping.... i wonder when will mkland will wake up....

Posted by Lewis Lee > 2014-11-16 22:04 | Report Abuse

Nemesis, please question the management in AGM regarding the LAD issue of Armanee Terrace project, last I read from Public Bank analysts report that it is on going at a rate of provision for loss of 20 mils per quarter, expected to be resolved by end 2014. Hope they can give definite answer to minority !! Thank you

Posted by nemesis > 2014-11-18 10:11 | Report Abuse

dun worry about its LAD problems Lewis...Its massive land sale to empire mammoth in 2010 will continue to provide strong cashflow moving into 2015...the proceeds fm the land sale will be settled in 5 yrs time so in 2015 Mkland will still receive strong cashflow from its land sale to Empire Mammoth...Tis will offset any LAD losses in the future...So i believe Mkland will still declare 3 cts dividend annually despite having the LAD losses as the proceed fm the land sale is huge and tis will flush Mkland with huge cashflow...trust me actually Mkland is now a super cash rich company thanks to its few previous land sale...If mkland continue to sell more land by nxt yr then it will become a high dividend stock moving forward...no need to develop, just sell land is sufficient to create values to shareholders...

Posted by nemesis > 2014-11-18 10:30 | Report Abuse

at 0.460 Mustapha kamal n Datuk kasi are still sitting in a huge paper loss over a long period of time...Pls dun think tat they stupid...Of course they will find a way to bring its share price back to 1.00 to break even...Reme=mber last time Mkland issue price was 1.45 per share...So as long as Mustapha is still major shareholder of Mkland he will sure do something to boost up mkland back to 1.00 but it takes a long term effort...it will surely come back as time goes by, so patient is the only key to unlock values in Mkland...Mustapha is not stupid pls remember tat...he is just waiting for the right time to ramp up its share price to profit fm it...even if he declare 3 cts dividend per year he already super rich because he as the ,major shareholder also receive the dividend as well...

Posted by iQBE189 > 2014-11-19 16:18 | Report Abuse

thx someone... sell me at 0.45... MKLAND IM BACK

Posted by nemesis > 2014-11-19 16:52 | Report Abuse

Datuk kasi is disposing shares again...tis is evident by the price being pressed down recently ahead of the 1st qtr fin announcement....

Posted by nemesis > 2014-11-19 17:21 | Report Abuse

iQBE189...U might be buying too early and too high..Mkland might drop back to 0.40 after the 1qtr financial announcement...tis is due to the LAD losses estimated at 20 mil tat is gonna be reflected in its 1 qtr 2015 earning...Maybe tat is the reason why it started dropping recently as Mkland's ugly side is raised again with its LAD issue problems...

Posted by iQBE189 > 2014-11-19 17:27 | Report Abuse

Don't worry...if got chance drop to 0.4... I more happy... if this week or next week can drop until 0.4-0.35 I open Champagne celebrate at my office with my girl...

Posted by nemesis > 2014-11-19 18:32 | Report Abuse

i will join u too...will buy more when it tumbles soon...

Posted by kktom > 2014-11-19 21:08 | Report Abuse

me too with 2mil

Posted by RM1DivStock > 2014-11-19 22:29 | Report Abuse

Guess I will have to average down my price...anyway I don't believe that 1st q will be having poor results as they will be distributing dividend on nx month so it does not make sense to have bad q and yet distribution of fund continue althought I know that it is frm the profit of land sales

Posted by Lewis Lee > 2014-11-19 23:17 | Report Abuse

Kasi dumping ? Where got ?
I don't think he dare to do so as AGM coming, he could be walloped by minority !!

Posted by Lewis Lee > 2014-11-19 23:18 | Report Abuse

No announcement also !?

Posted by Lewis Lee > 2014-11-19 23:20 | Report Abuse

Volume so low..... If Kasi dumping shares, normally the volume is very high as he still holding 200 millions shares !!

Posted by pbm8682 > 2014-11-20 06:34 | Report Abuse

they really want the price to drop.... bcoz mkland is about to start a share buy back program... soon enough, share floating is reducing.... eventualy, become a private company....

Posted by nemesis > 2014-11-20 10:39 | Report Abuse

i dun't think they will start buy back share...they ve been renewing share buyback authority every yr but didn't even buy back a single share till now...

Posted by nemesis > 2014-11-20 10:45 | Report Abuse

anyway i am waiting with my big truck here any sign of price weakness i will load up my truck with mkland share preferbly at 0.40-0.41 soon...anyone who are panic can sell to me at 0.41 cts ok i will pay cash straight away no need to wait 3 days for clearance...straight cash deal...i am waiting!!!

Posted by nemesis > 2014-11-20 10:47 | Report Abuse

if Mustapha won't initiate a share buyback program, i myself will launch my own share buyback exercise to load up shares at lower price...

Posted by nickyeo55 > 2014-11-20 11:30 | Report Abuse

Mr Nemesis I am from East Malaysia n i dont have time to attend the AGM. Can u ask Tan Sri why the share price cannot reflect the true picture of the company . We cannot depend on GOD wish for the share price ( he mention during the last AGM ) . The director have to do something to it. If it is due to no confidence of the public with the management team i think a major change to the management team have to be done immediately. If the present team is good why public have no confidence on them . REMEMBER TAN SRI mention he wants the counter to go back to the old glory. ( if i dont heard wrongly during the last AGM)
Another possibility is that the management want to maintain low share price so that they can privatize at a lower value.
TQ Nemesis for helping me to clear my doubt

Posted by nemesis > 2014-11-20 16:01 | Report Abuse

nickyeo55 i wont be able to attend AGM meeting as i ve a business trip on tat day...Whatever it is patient is paramount in successful investing...Buying Mkland is similar to "Cigar Butt Investing" made popular by warren Buffett...Just imagine the cigar butt u found on the street...It might ve the last puff BUT it is the last puff tat make all the value difference...Ur purchase of Mkland at a huge discount to its intrinsic value tat make all the value difference will surely quarantee tat the last puff will bring u huge reward due to the huge discount u are getting fm the vast landbank MK is holding...Just be patient all of u who are weaken in faith...

Posted by nickyeo55 > 2014-11-20 16:33 | Report Abuse

ok.

Posted by kktom > 2014-11-20 16:54 | Report Abuse

nemesis,I totally agree with u.The share is in a big discount.I ve also getting my machine gun loaded,just waiting to fire at .40 - .42.Good luck to u

Posted by nemesis > 2014-11-20 17:19 | Report Abuse

kktom u are preparing ur machine WELL DONE!!!...i will join u with tanks, jet fighters, bazooka, apache helicopters and warships which ve all been positioned on standby, will started to fire and declare war when there is massacre and beheading with thick blood in the street...it is blood everywhere...

Posted by nickyeo55 > 2014-11-20 17:21 | Report Abuse

Mr kktom n nemesis
i totally agree with both of u that is why 70% of my holding is in this counter.
Anyway i feel that something is quite wrong when U compare the share price with similar counter

Posted by nickyeo55 > 2014-11-20 18:01 | Report Abuse

i only agree that the share is trading at a discount

Posted by nemesis > 2014-11-20 18:35 | Report Abuse

u should be thankful tat the market and investors are still slow to recognise mkland's true value tat is why it is still trading at pessimistic price...it benefits u and me as we can buy more at depressed price..."Someone seated at a shady tree because someone planted a tree long ago" It takes patient to watch a tree grow hopefully tat tree will grow to become a massive oak tree...