Posted by nemesis > 2015-01-08 16:15 | Report Abuse

2015 will mark a new beginning for Mkland to gear up new launchings...Its current total landbank can generate total GDV of 7 billion tat will keep it busy for the next 8-10 yrs to come...Zero gearing with RNAV of up to 1.80 per share...At 0.40 it is dirt shit deep deep UNDERVALUEEEEEEDDDDDDDDDDDDDD!!!!!!!

Posted by nemesis > 2015-01-08 16:19 | Report Abuse

No need to waste time develop the land...Just ask Mustapha to sell all its landbank and return all fund to shareholders OR just take MKLAND private at 0.88 cts...After that what he wanna do with the land i dun care, just privatise it and delist it from bursa i am glad to hear that...

Posted by nemesis > 2015-01-08 16:23 | Report Abuse

today still firm at 0.405...sure got something lurking behind...good news!!!!

Posted by superspeculator > 2015-01-08 18:41 | Report Abuse

I have been holding mkland for almost 5 years. Waste of time and opportunity cost

Posted by nemesis > 2015-01-09 16:08 | Report Abuse

what a boring market...Mkland crawls even slower than a tortoise today...

Posted by kktom > 2015-01-09 16:32 | Report Abuse

Superspeculator,If u said u have been holding mkland for 5 yrs u should have make some by now,unless u hold only a few ks.

Posted by kktom > 2015-01-09 16:36 | Report Abuse

as I see it ,mkland will only go up n down n side way.Will take long time to reach even 0.60cts.Why?It is because that is its trend since from the past.

Posted by nemesis > 2015-01-09 17:20 | Report Abuse

kktom u haven't mentioned the time it was trading around 1.00-3.00 during 2004-2006...tat time mkland was even high gearing...Now its balance sheet is clean with good dividend yield but its share price is lagging behind its fundamental values...investors fail to see value in mkland...At 0.40 its dividend yield is 7.5% at 3 cents per share...If tat is not good enough, then what else?

Posted by kktom > 2015-01-09 19:25 | Report Abuse

This is a very good counter,no doubt.The big timer are playing with it.I suspect the big timer have in control with the company and playing with the share price up n down to earn some pocket moneies(to them).

Posted by kktom > 2015-01-09 19:51 | Report Abuse

ask yourself how many times it has been like for the past 3 yrs.

Posted by superspeculator > 2015-01-10 00:00 | Report Abuse

Kktom, I bought it in 2010 at 39 sen, gone through the ups and downs of the share price. I held on, thought that one day the share price will catch up with its fundamental. After 5 years, share price didn't change much. What I got were just dividends.

Posted by Food4Thought > 2015-01-10 18:16 | Report Abuse

I would say this is not a speculative stock. When the whole market is down, you don't expect this stock to continue trending up. I bought this counter 2 years ago with average price of RM0.30. With the current price and dividend paid, my return is almost 50% over 2 years. Therefore, it boils down to the investment strategy.

Posted by kktom > 2015-01-12 16:18 | Report Abuse

This type of stock to me cannot be treated it like wife,but just friend,kiss n say good bye.Never give them high hope it will reach your TP.Remember there 1.2b shares issued,how much floating is unknown.

Posted by nemesis > 2015-01-14 15:35 | Report Abuse

So what if they ve 1.2b shares issued...There are many stocks in Bursa with more than 2 billion shares issued also can climb above 2.00...It is a matter of whether the management want their company share price to reach tat price target or not...It is a question of WHEN they wanna ramp up the share price of their company...We just ve to make sure we stay onboard as we ve no idea when...The time will come one fine day trust me...it will rise to not only 0.80 but above 1.00 at the right moment...

Posted by nemesis > 2015-01-14 18:42 | Report Abuse

As u can see Mkland is trading at a very tight band between 0.40-0.405 for the past 2 weeks...This suggest tat Mkland is at accumulating phase...it means tat it could break out soon once tis accumulation phase is violated...Get ready a for a surprise break out tomorrow!!!

Posted by Food4Thought > 2015-01-14 19:34 | Report Abuse

Anyhow, the public spread for this counter is not much. Out of the 1.2Bil, Mustapha Kamal and P.Kasi are holding almost 64%. Therefore, can push up easily if they have the intention.

Posted by nemesis > 2015-01-14 21:11 | Report Abuse

exactly Food4Thought...It is all up to Tan Sri Mustapha whether he wanna push it up now or in the future...He has the full power and control of its share price as he is the major shareholder...There must be reasons behind why he still keep Mkland at low valuation...I am sure he will ramp it up to reflect its true value once the time is right...I still maintain its TP at 0.88-0.98...

Posted by verbatin1969 > 2015-01-17 21:58 | Report Abuse

I am from Singapore and this is my maiden posting. My late dad left us (my siblings and myself) with some M'sian stock. Due to the weak ringgit vis a vis Sing dollar, there is no point changing back to Sing dollar. so I am helping my family to manage his M'sian portfolio since he passed on.

One of the counter he had is 200,000 shares of MK land bought at around 36-37 sen. I can't remember exactly when he bought MK land but I am quite aware of his transactions as he had always update me whenever he bought/sell his stock.

He pass on 2 year ago and I took over his portfolio. the first thing I did was is to add another 40,000 of MK Land at 29.5 sen just before the General Election when I chance upon a research report which gave a target price of 80 sen.

I recently found this site/thread. I am now more convinced of MK land after reading the comments here and will certainly look to add more of it.

Posted by nemesis > 2015-01-18 16:36 | Report Abuse

U buy Mkland get Free land with nothing to worry about its borrowings...Buy 1 FREE massive landbank...U buy other stocks get FREE High Borrowings which is a huge liability...

Posted by kktom > 2015-01-19 16:10 | Report Abuse

Hahahaha I like it

Posted by m8829 > 2015-01-19 18:32 | Report Abuse

OK get ready now

Posted by xfighter > 2015-01-20 10:30 | Report Abuse

get ready to ?

Posted by nemesis > 2015-01-20 11:06 | Report Abuse

Rumble

Posted by nemesis > 2015-01-20 11:11 | Report Abuse

Mkland is ready to take off anytime soon...It is very firm at 0.40-0.405 for the past 2 weeks till now...Once its accumulation phase is over then it should move higher to 0.45-0.47 soon...it will launch high end condominium "Spire" tis quarter the tallest building in Damansara Perdana....

Posted by Ah Ha > 2015-01-20 13:21 | Report Abuse

ha..ha.. don't think property stock will fly.... It's over supply and over price (esp condominium). i sold all my MKLAND share already... example of IOI Prop. also go to lowest and will be lower soon.

Posted by Lewis Lee > 2015-01-21 18:03 | Report Abuse

The more I check the price of this stock, the more I am frustrated !!
Even all other counters shoot UP 100% - 200%, this counter only up 0.0000000000000000001 %
hahahhahaha

Posted by nemesis > 2015-01-21 23:11 | Report Abuse

yaaaa...It is the craziest laughter for the month of january...It neither go UP nor go DOWN but sitting beautifully at 0.40-0.405...

Posted by nemesis > 2015-01-22 09:54 | Report Abuse

hahaha at last it is moving after waiting till my neck pain...0.42 is cominnnnggggg!!! and then next target should be 0.46 for CNY gift...Happy Chinese New Year!

Posted by Ah Ha > 2015-01-22 11:04 | Report Abuse

high end condominium very supply. why still build more... i thought land will be better..

Posted by nemesis > 2015-01-22 11:25 | Report Abuse

Ah haaaaa...yes i agree with you high end condo is oversupply BUT high end condo in good and sought after location in Damansara Perdana is not oversupply...the high demand will always be there...In the end it is always location, location and location...it is reported Mkland unbilled sales so far is in excess of 500 million...tis hasn't factor in the soon to be launched "Spire" sales...i believe Mkland unbilled sales will rise to 800 million by year end

Posted by Ah Ha > 2015-01-22 16:28 | Report Abuse

ha..ha.. Don't know how many investor stuck in good location high end condo in Mount. Kiara.. good location but overprice and over supply... especially this year property market is down trend... Hope i am wrong...

Posted by m8829 > 2015-01-22 16:54 | Report Abuse

Sad news, it wasn't a corporate exercise after all. Well lets hope its something positive and not just window dressing.

Posted by Ah guuuu > 2015-01-22 21:20 | Report Abuse

Just some sharing here....
http://www.theedgemarkets.com/my/article/ringgit-depreciation-silver-lining-property-industry-ijm-land-chief

Posted by Lewis Lee > 2015-01-23 10:36 | Report Abuse

Jiat lak lah ! This counter cannot move one !
All shareholder especially Nemesis wants to cry also no tear !

Posted by kktom > 2015-01-23 15:39 | Report Abuse

Nemesis has a very positive view on this counter.Just like he said its the matter of time to harvest one day.When?Has to depend on the mercy of GODS in this company.

Posted by nemesis > 2015-01-23 19:10 | Report Abuse

with more than 2,000,000 million shares in my arms i bet i ve overtake you in total shareholdings kktom...But why i ve the courage to keep on buying when all others are skeptical and doubtful...Even i told myself i will keep on buying if others wanna give it away cheap to me anytime...WHY? cause i see tremendous values in Mkland which ve a clean and net cash balance sheet...With strong balance sheet we could expect more and more dividend and with so much land to support it even if its earnings are not that attractive...If u ask me whether it is better to buy into earnings OR assets, i would tell you i prefer to buy assets as its value never changes only to rise more and more in future...With Mkland u won't find things like impairment loss as almost 80 % of its non current assets are land that is why it is called Mkland...Earnings fluctuates fm time to time but land asset value will only rise in the future...I might be wrong about Mkland as maybe i need to wait ages long for its share price to come align with its intrinsic values but at least it is worry and stress free...From what i see the company will maintain 3 cts dividend per share for this year as supported by higher unbilled sale...God ve mercy on me as i am just a value investor NOT a speculator...though Mkland has fallen but its value ve never fallen and falter....in times to come may it rise up again and stand tall among the big boys in the property sector...

Posted by Ah Ha > 2015-01-23 20:09 | Report Abuse

If i have that much of cash, i would think of buying property rather than this share. Property price will appreciate faster than this share. You can see from the track record. Look like only company director and major share holder benefit as they can enjoy high remuneration. I hold this counter for 2 years. Buy property already make me rich but not this counter. Sold all already. Cheers.

Posted by nickyeo55 > 2015-01-24 08:50 | Report Abuse

Nemesis I agree with buying mkland to invest for long term . I believe beside buying Mkland u also own some property . So Ah ha both of u are correct but what to invest all depend on how much do u have .

Posted by kktom > 2015-01-24 12:25 | Report Abuse

Well said Nemesis.Its the fact

Posted by kktom > 2015-01-24 12:30 | Report Abuse

I ve sold 70% of this counter @ around .44cts.Could ve bought more when it was .32-.35 cts.Now holding 1 mil.

Posted by Food4Thought > 2015-01-25 21:11 | Report Abuse

I have said this is not a speculative counter. You do not look at it every day and expect a big fluctuations. This is the counter suitable for long term investment and the intrinsic value will be reflected one day.

Posted by Food4Thought > 2015-01-25 21:34 | Report Abuse

It went down to 0.32cts previously due to foreign fund managers exit Malaysia but others see this as opportunity to accumulate the shares. Therefore, it appreciated back to 0.40cts. This was also the case in 2008 but I missed the opportunity in 2008. Counter with such strong fundamental is always in the portfolio of fund managers.

Posted by nemesis > 2015-01-26 09:19 | Report Abuse

Oh lai ah lai ahhh...Lets board the train now b4 it is too late...Mkland won't stay long at 0.415 as it will move very soon...

Posted by kktom > 2015-01-26 10:34 | Report Abuse

I ve contributed somr effort to push up 0.01 cts today.hopefully it stays.hahahaa

Posted by m8829 > 2015-01-26 10:38 | Report Abuse

Bad news breaking, Sphere project HALTED!

Posted by scjm > 2015-01-26 11:07 | Report Abuse

bad news is coming, price is going up; in that case search and report more bad news please.
i like.

Posted by nemesis > 2015-01-26 11:16 | Report Abuse

WHOOOO said Spire project halted!!!!! kktom plsss buy more to push up tis stock...it should worth 0.88 by now NOT merely 0.42...maybe i will buy some to push it up later...

Posted by nemesis > 2015-01-26 11:18 | Report Abuse

very strong support at 0.42...this is a great sign of optimism...

Posted by Lewis Lee > 2015-01-26 14:48 | Report Abuse

Yes, very strong buying Q at 0.42 !! Haven't seen this for ages ! something might be brewing !

Posted by Lewis Lee > 2015-01-26 14:54 | Report Abuse

Early somebody here said got corporate exercise ? source from bank ?
Any idea ?