Posted by Lewis Lee > 2015-01-29 17:03 | Report Abuse

Today, Kenanga has this to say :- "We recommend that investors take advantage of the current CNY rally to TOP SLICE the following counters; GOB, GLOMAC, GUOCO, IWCITY, MKLAND and SBCCORP, TITIJYA. "

They recommended dumping MK Land etc in CNY rally ....
What do you think ?

Posted by Lewis Lee > 2015-01-29 17:04 | Report Abuse

Kenanga :- "Our valuation methodology has been switched to the more conservative PBV-driven method because RNAV plays are not as meaningful when the property market is sluggish. On that note, we are (i) trimming our FVs of the said stocks by 17%-58% which resulted in an across the board TRADING SELL call for all the stocks, and (ii) also CLOSING POSITION on them. "

Posted by beso > 2015-01-29 17:04 | Report Abuse

so run lo

Posted by Lewis Lee > 2015-01-29 17:06 | Report Abuse

No.1 supporter Nemesis , beat until dead also no run one !!
Hahahaha

Posted by Ah guuuu > 2015-01-29 23:28 | Report Abuse

Construction players and property developers may garner investor’s interest, as house prices in Malaysia are expected to rise about 3% after the goods and services tax (GST) is implemented starting this April.

Property consulting firm Rahim & Co executive chairman Tan Sri Abdul Rahim Abdul Rahman said, although transactions on residential properties were GST exempted, building materials would be taxed under the GST.

Even so, he said the property market was expected to be stable on the back of steady growth, despite signs of a slowdown seen.

Source: The Edge Malaysia
http://www.theedgemarkets.com/my/article/aax-ammb-reach-energy-alam-maritim-umw-holdings-bursa-and-eka-noodles

Posted by m8829 > 2015-01-30 13:32 | Report Abuse

Spire project halted. Check Focus Malaysia Jan 24 issue Page 6. Price being jacked up temporarily to soften blow. Good luck to buyers.

Posted by nickyeo55 > 2015-01-30 17:22 | Report Abuse

Mr M8829
I can't find it . Can u show me the detail here . TQ

Posted by kwongliang > 2015-01-30 18:02 | Report Abuse

MK Land and Mammoth Empire to jointly develop 12 acres land in Damansara Perdana

http://www.theedgemarkets.com/my/article/mk-land-and-mammoth-empire-jointly-develop-12-acres-land-damansara-perdana

Posted by Lewis Lee > 2015-01-30 19:04 | Report Abuse

Great news regarding the JV with Empire !
It said at least 82 millions entitlement for the next one year ! Or higher of 22% of GDV !
Meaning next one year sure showing profit on their account by this JV alone !
As I opined last time, they have value land bank but lousy in execution, they shall JV with this rising developer managed by Sean Ng to unlock their land value !
No wonder the share price show strong support recently !
May I suggest they also JV with Empire for 'the shire' project so that they won't screw up again !
(The bad news of the project got halted sounds like they screw up again !!)

Posted by Lewis Lee > 2015-01-30 19:08 | Report Abuse

My speculation again :- they shall have corporate exercise with Mammoth Empire such as take-over or merger , as Empire is reputable for shrewd execution !
If this corporate exercise really materialize, all minority shareholder eg Nemesis will laughing all the way to Paris Hilton s concert party already !
Hahahahahahaha

Posted by Lewis Lee > 2015-01-30 19:10 | Report Abuse

I plan to off load other shares and increase my holding on this company next week !
I see exciting moment ahead !

Posted by kktom > 2015-01-30 19:36 | Report Abuse

remember what I said last yr?This is what I exactly mean --joint venture.Mkland alone cannot do such a project.they only know to build low cost housing.Hopely with the damansara Emoire JV will bring back mkland glory.

Posted by kktom > 2015-01-30 19:38 | Report Abuse

Mammoth empire will not take over mkland,but as a developer for them possible.

Posted by jehovahnissi > 2015-01-30 21:53 | Report Abuse

God bless mkland

Posted by nemesis > 2015-02-01 10:49 | Report Abuse

Back to the joint venture with Empire Mammoth i am deeply optimistic...I believe Mkland original cost of the 11.7 acers land in Damansara Perdana is very low...Let say after deducted its land cost and Mkland raked in 50 million net profit fm the land sale, it will bring in at least EPS 4 cent per share net profit to either 2015 or 2016 financial results...If u combine tis land sale EPS 4 cent profit with its unbilled sales of 500 mil we could expect full year financial of EPS 10 cents per share...Hence total dividend will be upgraded to at least 4 cent per share outperformed last yrs dividend of 3 cts per share...Let us count the real value of mkland now; Mkland sold 11.7 acres to Empire for 82 million...Let say Mkland still has at least 220 acres of land in DPerdana as reported by kenanga; So 220 acres of land in damansara Perdana will bring to a total of at least 1.5 billion according to the rate Empire Mammoth deal with Mkland for tis joint venture..it means tat its total landbank in Damansara Perdana alone is worth 1.5 billion.!!! U haven't count in their other landbank in Damansara damai Sg buloh, its vast landbank in Perak, kedah Langkawi and small tract of land in Setiawangsa in KL...So if u combine all of tis land value together with the 1.5 billion land value of Damansara Perdana, U will come to a figure of at least 1.9 billion for its total land value compare to its Market capitalisation of just 510 million...Still we haven;t count in their investment properties values in Bukit Merah laketown, Taiping golf club and Langkawi Blue Lagoon hotel...So from all these calculation I conclude that Mkland real value is worth more than 2.00 per share after minus all its borrowings...Just imagine u are just paying 0.425 for a share tat is worth more than 2.00 per share some more it is net cash balance sheet with handsome dividend...Let say Mkland don wanna take risk develop the landbank so they sell more DP landbank to Empire Mammoth in the future it is enough to maintain sterling financial result and windfall dividend to shareholders when they unlocked all its hidden land values...I believe Mkland will not stay below 0.50 for long...Sooner or later investors will come to realize its real intrinsic values and drive up the stock prices to match its real fair value...

Posted by nemesis > 2015-02-01 10:52 | Report Abuse

Whatever it is don talk so much i am gonna buy more of Mkland next wednesday when the market opens after long public holiday...near term target of 0.60 is reachable soon...

Posted by Lewis Lee > 2015-02-01 13:03 | Report Abuse

MK land JV with Mamoth Empire in few projects already ...
This partnership reminds me of the merger between UEM Land & Sunrise few years back to form UEM-sunrise, one have many land bank and the other have expertise in property development !
Eventually the share price up many times !
I hope they can merge and become "MK-Empire" ! If that happens, Nemesis can opt for early retirement d ! Hahahaha

Posted by nickyeo55 > 2015-02-01 13:47 | Report Abuse

Haha Nemesis when I told u I plan to sell at $1.50 U said I am greedy. Now . How ?
My original target is still quite far from $1.50 . Hopefully I am correct in my predicting.
Any way why the next trading day is on Wednesday? Can u let me know cos I am now not back to Malaysia yet n I plan to buy some more.
TQVM

Posted by nickyeo55 > 2015-02-01 14:22 | Report Abuse

Nemesis last FY we rec 4 cts dividend

Posted by nemesis > 2015-02-01 16:15 | Report Abuse

Nick 2014 we received only First(1 cent) and Final(2 cents) total= 3 cts...So one thing for sure due to the land sale and improved unbilled sale, they will surely maintain total of 3 cts OR 4 cts dividend for 2015...If Mkland really rises to 1.50 then i will invite Paris Hilton to dance and perform in Menara Mustapha Kamal...Wah!!! MK-Empire that is a really powerful name Lewis...I urge all of you to buy more once market open but b4 that let me buy first at 0.425 b4 it rises to 0.45 hahaha...So far Empire is the largest land buyer of Damansara Perdana fm Mkland...Empire didn't own any land in DP he bought all the land in Damansara Perdana fm Mkland...I am very sure he will buy more land fm Mk and transform Damansara Perdana to be the next Mid valley in the future...We shareholder will enjoy the massive unlocked hidden value of their land in damansara Perdana...Now i really fed up why got so many public holiday cos i can't wait for market to open and see how high Mkland could rise on Wed...I am targeting price to be firm at 0.50 for FEB...

Posted by nickyeo55 > 2015-02-01 16:30 | Report Abuse

Haha nemesis don't get heated . Dividends is 4 cents for FY . Please check by using Klse screener if u can .
I also hope that u have a chance to invite Paris Hilton
G9

Posted by nemesis > 2015-02-01 16:39 | Report Abuse

Just imagine if Mkland sell all the 220 acres of land in Damansara Perdana to Empire, it could bring in at least 1.5 billion cash to Mkland making it one of the richest property developer in Malaysia i guess by that time the share price will hit at least 1.50 as its Net tangible Asset per share will rise to at least 1.80 per share...Empire is a shy-low-profile and cash rich developer and its development in Damansara Perdana will benefit Mkland in all aspects...It is time to say Bye Bye to Mkland at below 0.50 cent price...Next level will be 0.60 of course it will rise gradually...Now wonder for the past 3 week Mkland price was very firm and steady cos both parties were accumulating at lower price b4 the announcement...By Wed it will explode and fly to the sky...the time has come for Mkland to shine again...Lewis, Nick and kktom u ve been my die hard supporter for Mkland now it is time to reap the harvest what we ve sowed though it takes ages long for it to bear fruits...

Posted by fightingfish88 > 2015-02-01 19:49 | Report Abuse

mana ada lands liao.....hutan ....

Posted by fightingfish88 > 2015-02-01 19:50 | Report Abuse

go to its sales gallery ....see by yourself

Posted by nickyeo55 > 2015-02-01 20:00 | Report Abuse

Fightingfish88 really??? If so u r really too good.
Hopefully u can make a little bit of $ from this market

Posted by nemesis > 2015-02-01 21:40 | Report Abuse

If Mkland manage to sell its setiawangsa land in Damansara Perdana by end of tis year...wow i really can't imagine how cash rich they are...then dividend we should expect is 5 cent per share...

Posted by Ah guuuu > 2015-02-03 23:55 | Report Abuse

Let's see how's the share price performance tomorrow morning...

Posted by xfighter > 2015-02-04 10:29 | Report Abuse

It is very positive :D

Posted by Ah guuuu > 2015-02-04 12:14 | Report Abuse

Back to 0.43........ No more power... Lol

Posted by Rubychooi > 2015-02-04 16:47 | Report Abuse

Hope MK closed above 0.44

Posted by scjm > 2015-02-04 18:56 | Report Abuse

looking at the company's overall plan on its future development and viewing the chart on its future direction, it is simply comforting and reassuring.
mkland will ultimately fulfill all the wishes, theirs and ours for a bountiful and rewarding journey, baring any unforeseen circumstances.

Posted by Food4Thought > 2015-02-04 19:03 | Report Abuse

This share is slow but steady. You will not regret for investing in counter of this nature.

Posted by nemesis > 2015-02-04 20:48 | Report Abuse

Just look at today's volume u will know that the next big rise is coming to Mkland...The JV with Empire Mammoth will bring more positive synergies and development to Mkland in the future...Who knows in the future Empire Mammoth will acquire and buy a stake in Mkland to get excess to its landbank in Damansara Perdana to transform empire city to be the next iconic Mid Valley in damansara...i M sure there could be corporate exercise btw them in the future for good...Tis should send Mkland to 1.00 if tat comes true...

Posted by Lewis Lee > 2015-02-04 23:33 | Report Abuse

Nemesis, what you said earlier regarding its simplicity is very true !
No warrant, no cover warrant, no loan stock, no right issues etc in order to cheat / request more shareholder's money, or dilute your shareholding, and also incur unnecessary cost for those funny derivatives , just one and only MK Land share !
And yet every year giving handsome dividends DY almost 7% to shareholders !
I hope this tortoise with low and steady pace will win the race against arrogant rabbit eventually !!

Posted by nemesis > 2015-02-05 09:15 | Report Abuse

Lewis i believe Mkland will be one of the most shining stocks in 2015 given its collaboration with Empire Mammoth and more property launchings in Damansara Perdana...With its strong balance sheet there is no need to go for right issues, derivatives, loan stocks, private placement or all those funny funny things tat dilute shareholders ownership...Even if Mkland making little profits fm its operation i am also satisfied as its hidden asset and landbank is enough to create wealth to shareholdersd...Don forget Mkland is worth at least 2.00 per share based on its invesment properties and massive landbank...

Posted by kwongliang > 2015-02-05 09:17 | Report Abuse

today fly high~~~

Posted by nemesis > 2015-02-05 09:34 | Report Abuse

Buy Buy Buy Buy Buyyyyyy it before it is too late...More values to be unlocked soon with Empire Mammoth...0.50 is cominggggggg Soooonnnnnnnn.....

Posted by nemesis > 2015-02-05 09:43 | Report Abuse

At the moment it is the 2nd largest top volume in Bursa...The wait is over now it is time now to reap the Harvest...

Posted by kwongliang > 2015-02-05 10:02 | Report Abuse

3 heavy roadblock ahead...

Posted by superspeculator > 2015-02-05 10:08 | Report Abuse

http://klse0.i3investor.com/blogs/2345/

Posted by kwongliang > 2015-02-05 11:48 | Report Abuse

http://www.theedgemarkets.com/my/article/mk-land%E2%80%99s-latest-deal-may-strengthen-balance-sheet-further

Public Invest TP 0.80 since last year... there is so many investment banks, but today only TP by public invest, also at 0.80. MKland is the only picked up by public invest. So did public bank grant a lot of loan to mkland? hahaha

Posted by xfighter > 2015-02-05 17:55 | Report Abuse

everyday increase 0.02, soon to be 0.80... haha!

Posted by nemesis > 2015-02-05 20:09 | Report Abuse

tomorrow will rise another 2 cents...

Posted by investaiko > 2015-02-06 06:33 | Report Abuse

If break 0.475,next 0.52sen

Posted by xfighter > 2015-02-06 09:24 | Report Abuse

break the ice of 0.475!

Posted by ImCK > 2015-02-06 09:29 | Report Abuse

going break soon TP 0.55

Posted by nemesis > 2015-02-06 10:07 | Report Abuse

OK profit taking is over now...Now fresh buying will continue hopefully can bring Mkland to new high later...

Posted by munhou > 2015-02-06 10:54 | Report Abuse

i think this counter has the potential. just bought some at 0.46. hopefully there is some nice profit for CNY

Posted by kwongliang > 2015-02-06 11:35 | Report Abuse

1 day show only???

Posted by ONOMNOM > 2015-02-06 11:45 | Report Abuse

huhuhu