none of us can predict when our fortunes will come n none of us can predict when Mkland will rise back to its former glory but we can prepare to for that glorious moment to come...our objective here is to win and strike big when our stock selection is right...
IQBE Ur correct. u buy when others face turn very very green sell when they all have smiling faces. anyway now is just the start from smiling face to light green
the main reason why mkland is lagging behind is because property sector is out of investment radar screen...property sector has underperformed the KLCI index due to the cooling measures imposed by the govt...Most of the property counters also stagnant...Not only Mkland
kktom how about your holding ? i think u n nemesis holding added together can be easily in the top 20 share holder . So i think nemesis have to postpond his business trip so that he can attend the AGM.
i am targeting to acquire up to 2,000,000 shares by yr end...If dividend declared is 3 cts annually then total estimate dividend will be 60,000 per annum...if Mkland doesn't rise also i am not worry as d dividend is enough to give a solid return...I believe they will maintain it at 3 cts per yr in coming yrs as they have positive cashflow to frank dividend fm previous land sale...
it is impossible Mkland can't rise to 1.00 in 15 yrs time after factoring the bull and the bear market cycles...I don believe tat given a period of 10-15 yrs Mkland can't deliver excellent financial result...
nemesis if Mkland need 10 to 15 years to reach 1.00 then it is not worth buying n keeping and it also reflect that this counter have a very poor management team. I personally think that the present management should bring in one very influential property market personnel into the management. Haha why dont they try to bring in one director from East Malaysia lah. who know can bring in good luck.
Nickyeo...U must also remember IF world markets crash soon or anytime, Mkland and all other counters will crash too no matter how good the companies are...Tat is y we are advised to invest long term for a period of at least 10-20 yrs...the world markets are already having a long bull market and it might crash anytime given tat Dow Jones is at all time high...nobody will know what could happen in the short run BUT if given 20 yrs time i am 100000000000000%%%% sure Mkland will sure rise above 1.00 after factor in the soon-to-be crash and bear market cycle...We are already in 7 yrs of market bull cycle....So when will the markets and Mkland crash? Time will surely tell soon...
i personally feel that this counter should be quite high. i will decide whether to dispose or not during this 3 months. Mr kktom i notice quite a lot of investor purchased this counter under few family members name . Bye
bro it is a 10 yrs cycle from a Bear Market to BULL Market and then CRASH...Make sure u are out of the market before it happen...Even if Mkland doesn't reach 0.50 also u must sell before tat crash destroy ur capital...Like a tsunami it will sweep all stocks away regardless of whether it is a good stock or not...All stocks including all Blue Chips will be swept away just like 2008 great depression...i am not trying to scare u it is just a matter of time...good luck
haha TQ brother. what is your average price ? below 35 cents? mind is slightly higher than this Hope that some one in this platform can have a chance to talk to Tan Sri personally N privately during the AGM. Hope for the best
my average price is 0.365...i am disappointed tat the bull market failed to lift up mkland even though it is undervalued and dividend paying...tis is a great disappointment...
some time we have to study the character of the major shareholder n who is managing the company.I m not disappointing the company result,but very disappointing on the boss.As you said 2.5 years of waiting it only went up to 30%.But if you have bought the share at 0.26cts-0.28cts you almost make 100% return.My cost was from 0.44cts went down to 0.26cts.So average is 0.30cts.So not a big deal also over 3yrs.I wont be going for AGM as I live oversea.
kktom can u share why u bought so much of MK shares??? Any reason behind tat motivate u to confidently acquired so much of MKLAND up to 2.0 mil shares if not mistaken???
Mr kktom your cost is the cheapest. myself n Mr Nemesis is almost the same. i bought exactly for one year already. I like this counter very much but i think the share price doesnt move is mainly due to people have less confident with the 2 Bosses. If ecoworld (Focal) boss come in to the company i think the price should be much much higher than today. Believe or not ? I sincerely hope that this two MKLAND bosses can bring in new blood to the company.
I did a lot of home work before I bought this share.3yrs ago I found this share wasn't moving much.It has the potential of up trend ,so I started buying it.During that time it was 40 cts.It went up to 46cts and came down to something like 38 n down 36 n hen 34.So I said to myself it cannot be that low.During that time I was holding 500k.So I started to level down my cost carefully.Eventurlly it came down as low as 24 cts.So I bought another 1 mil at 26cts.so totally it came holding 3mil+. The price then went up back a few times at 40 cts.I sold 30% of it n keep the rest.It never been a mistake ,only the timing was not right.I am happy to have 100k in my pocket fr this counter.Now it is just the waiting game.I do not boarder about news .just buy because it is under value!
both nick and kktom...it is frustrated to know tat 3 cts dividend, net cash position balance sheet, massive landbank and improving net profit still can't even ignite MKLAND to greater height...So what does it take to fuel up Mkland???? i really give up hope it is a big disappointment till now...It is a great value trap...
I have been targeting those share with value below rm1 and distribute dividend. I really agree with u nemesis that with the distribution of dividend,this share still does not seem to be moving much. I guess partly it's because of the management that does not have any interest in moving the pricing up in order to avoid speculator. Anyway I guess it will continue to fall for this week with 0.40 is my second top up price as according to their trading chart, nothing supporting them.
Furthermore, if it happen as u say they will be reporting loss, I guess I will rather cut loss and take my fund to another counter and wait for next dividend payment quarter before coming back again ... Chill for those who love this stock as I really and firmly believe that this counter is a hidden gem counter that management try to keep in their pocket before ipoh start development program.
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 > 2014-11-20 18:51 | Report Abuse
none of us can predict when our fortunes will come n none of us can predict when Mkland will rise back to its former glory but we can prepare to for that glorious moment to come...our objective here is to win and strike big when our stock selection is right...