MK LAND HOLDINGS BHD

KLSE (MYR): MKLAND (8893)

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Last Price

0.185

Today's Change

+0.005 (2.78%)

Day's Change

0.18 - 0.185

Trading Volume

479,000


22 people like this.

10,217 comment(s). Last comment by calvintaneng 5 hours ago

Anthonyloh

118 posts

Posted by Anthonyloh > 2015-03-02 09:59 | Report Abuse

For this counter, who can PATIENT, he/she will be big WINNER.

kktom

394 posts

Posted by kktom > 2015-03-02 15:31 | Report Abuse

My view,it will stay at this level for a while.The old folks has enough money for themselves.Unless the new generation r more greedy n aggressive this counter will move like a yoyo in a up trend.I have this counter in my radar for 5 yrs .They have a huge land bank along the LRT transit line but if they don't develop it or sale it, it is just a jungle
0.80cts? May be 3-5 yrs when the old floks dies.

nemesis

3,994 posts

Posted by nemesis > 2015-03-02 16:33 | Report Abuse

If it falls back to 0.40 soon, i got no choice but to ramp up more Mk shares at cheap price b4 they declare total of 4 cents dividend soon...The latest land sale to Empire Mammoth its profit gains should flow in by 4th qtr or 1st qtr next year...At least 4 or 5 cent dividend comfirmed...Its EPS should rise to 8-9 cts per share due to the land disposal...Assuming we apply a skeptical PER x 8 we should expect its share price to rise to 0.70-80 in one year time...So at 0.40 it is still a golden buy so i really don mind if it crashes back below 0.40 so that i can ramp up my total holding in Mkland...My motto is "The Lower It Goes, The More I Grab" Mkland should forever have a special place in my heart and mind...

Posted by Food4Thought > 2015-03-03 18:40 | Report Abuse

Every year they ask renewal of mandate for share buy back but never exercise it to support the share price. Can someone who used to attend the AGM or EGM question the Directors on this. I would prefer they use the money for dividend payment to support the share price and then distribute the treasury shares to the shareholders annually.

nemesis

3,994 posts

Posted by nemesis > 2015-03-03 18:47 | Report Abuse

No need...Dividend 4 cts per share annually is sufficient to bring great return to shareholders...buy Mkland as FD investment to enjoy good DIV yield...Don expect it to go up as it will NEVER ever!!!

Posted by Food4Thought > 2015-03-03 22:36 | Report Abuse

Treasury share distribution is a form of dividend payment to reward shareholders and at the same time it can support the share price. I do not mind to opt for such reward.

nemesis

3,994 posts

Posted by nemesis > 2015-03-04 10:41 | Report Abuse

now we hope for another big market correction to send Mkland back below 0.38 cts...tat is the best time to load up more...i believe it will come soon...

m8829

71 posts

Posted by m8829 > 2015-03-05 21:40 | Report Abuse

Is it true Empire and MK Land parting ways?

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-03-05 21:47 | Report Abuse

M8829, where did you hear that ? Rumors or true ?

DrKish

232 posts

Posted by DrKish > 2015-03-06 15:27 | Report Abuse

MK Land is going to fly soon, people picking up....

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-03-06 16:28 | Report Abuse

Every time also like that ? Thinking it is going to fly but end up falling to 0.40 !!!

Johnnys

759 posts

Posted by Johnnys > 2015-03-06 16:30 | Report Abuse

time to sell?

DrKish

232 posts

Posted by DrKish > 2015-03-06 16:52 | Report Abuse

I think time to buy....new project soon......also director buying what more sign we want

kktom

394 posts

Posted by kktom > 2015-03-06 19:12 | Report Abuse

yoyo share

kktom

394 posts

Posted by kktom > 2015-03-06 19:13 | Report Abuse

family business.seem no one like to touch it.

kktom

394 posts

Posted by kktom > 2015-03-06 19:14 | Report Abuse

what you have earned can buy gula gula only.

stockQst

42 posts

Posted by stockQst > 2015-03-06 22:06 | Report Abuse

Good counter, keep it up..... Slow and coming soon!!! Hahahaha!

daizan55

165 posts

Posted by daizan55 > 2015-03-07 10:19 | Report Abuse

Lau said the company witnessed a slowdown in its product sales even in the second half of last year as consumers had shifted their interest from high-end properties to affordable properties.

Realising this, he said MK Land would balance its product mix in order to survive in the market where 70-80% of sales came from the Klang Valley.

Lau also said MK Land was currently planning other affordable housing projects in Meru Perdana, Klebang Putra and Lembah Beriah (all in Perak), declined to elaborate. - Bernama

cyphua

976 posts

Posted by cyphua > 2015-03-07 19:05 | Report Abuse

Seem Ok, NTA=RM0.95, EPS have RM0.04, current price is RM0.45.

Posted by always_steady > 2015-03-07 19:17 | Report Abuse

I think and just my own thought only.
Property share still will performing because of last 2-3 years speculating effect. In 2017, you will see property counters' profit may gradually reducing, mainly the property heat has start reducing in 2015. In 2018 onward, property sector will face huge challenging at least until 2020.
Again, just my personal thought that plugged from sky :)

nemesis

3,994 posts

Posted by nemesis > 2015-03-07 20:53 | Report Abuse

Pls dun spike up mkland...I just want it to stay below 0.45 at least for now...If u think Mkland is a lousy stock then dun buy it and dump it...If u think Mkland is a good stock then keep quiet and buy...Pls don invite speculators to mess up tis stock...

daizan55

165 posts

Posted by daizan55 > 2015-03-07 22:54 | Report Abuse

Someone need to put this stock in a wok to warm it up and to bring out its true flavors, If not, this will be just a dividend stock with no capital appreciation. My average price for this stock is still around 45 cents.

nemesis

3,994 posts

Posted by nemesis > 2015-03-08 01:16 | Report Abuse

When u bought an undervalued stock never ever think tat price will match up with its intrinsic value straight away...We just need time and time and still time for majority of investors to really wake up to reality and started to recognize its true fair value...Others may not agree with u right now BUT in the long run when its fundamental value is very obviously good to the naked eyes, tat is the time they will chase it to the sky...The best time to buy is when everything is invisible and dull and doesn't look attactive at all by now BUT which u think will be very attractive in 5, or 10 or 15 yrs to come...Tat is what investing is all about...U just keep the stock for someone else at depressed level and return it back to the growth investor at inflated price in the long run...Mkland is such stock i am talking about...Everything will be unlocked in the long run...

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-03-08 01:28 | Report Abuse

HAHA Nemesis u said u just want it to stay below 0.45 at least for now. Can or not ?Market dont listen to us lah. u r now the top 20 share holders already , still want to buy another ......lots.
I am a small investor, i wish not only to get dividend but capital appreciation also.
I hope that with the new management , the image of the company in the eyes of the public can improve.

nemesis

3,994 posts

Posted by nemesis > 2015-03-08 10:57 | Report Abuse

As Warren Buffett always said, When u find something valuable under valuation which overlooked and disliked by the majority of investors out of ignorance, U dun buy small amount U should buy the whole company if u ve the money...Of cos we are just small investor we cant buy and take over Mkland, we just wanna buy more and more as long as it stays undervalued at least it is better than putting ur money in the FD or hiding it under ur mattress...FD gives u just 4% only with no capital appreciation but Mkland gives u at least 100%+ 8% dividend return in the long run...But still majority investors still are blind to tis fact tat is why they like to dump Mkland everytime it started to rise...I believe the markets will wake up to reality very soon...Mkland will rise back to glory overnight out of a sudden!!! Nickyeo, Kktom, Lewis i believe three of u are also a big supporter of Mkland...stand still my frens as victory is clear and ur redemption is near...

DrKish

232 posts

Posted by DrKish > 2015-03-08 21:25 | Report Abuse

I agree MK land is grossely undervalued.....its a cash cow.....

m8829

71 posts

Posted by m8829 > 2015-03-10 23:59 | Report Abuse

Check for announcement on Wed

ct888

885 posts

Posted by ct888 > 2015-03-11 07:41 | Report Abuse

8829, what announcement?

DrKish

232 posts

Posted by DrKish > 2015-03-11 07:51 | Report Abuse

What announcement?

Posted by Faiz Mokhtar > 2015-03-11 09:18 | Report Abuse

:)

ct888

885 posts

Posted by ct888 > 2015-03-11 14:19 | Report Abuse

Don see any. Fake news

nemesis

3,994 posts

Posted by nemesis > 2015-03-11 20:14 | Report Abuse

Pls dun spread fake rumours here...We all are genuine buyers BUT if u ve any insider news pls share it with us here...

nemesis

3,994 posts

Posted by nemesis > 2015-03-11 23:47 | Report Abuse

hey guys as i read Mkland 2014 annual report they also ve few parcels of land in Mukim Dengkil Sepang...They are holding so much land that if revalue will surely equivalent to a goldmine...No need to launch project just sell land every year is sufficient to quarantee good profit

daizan55

165 posts

Posted by daizan55 > 2015-03-12 15:21 | Report Abuse

43 cents

Shacks

1,542 posts

Posted by Shacks > 2015-03-14 12:35 | Report Abuse

will developing the land be more profitable than selling the land?

nemesis

3,994 posts

Posted by nemesis > 2015-03-18 11:41 | Report Abuse

develop the land need material cost and man power and it doesn't mean that it will sell well...just sell all land and return back to shareholders

ONOMNOM

166 posts

Posted by ONOMNOM > 2015-03-18 20:05 | Report Abuse

hmm... still there.. surviving... mkland will prevail!!

Ah guuuu

153 posts

Posted by Ah guuuu > 2015-03-21 10:12 | Report Abuse

I wil just buy and hold... 1 day it will definitely shoot up.... I believe.... :)

nemesis

3,994 posts

Posted by nemesis > 2015-03-21 10:40 | Report Abuse

ya u have to wait 15 yrs Ah guuu to shoot up to ur target price...Are you tat patient haha?

Ah guuuu

153 posts

Posted by Ah guuuu > 2015-03-21 12:24 | Report Abuse

Are u sure??? 15 years are too short for me.... Maybe wait 30 years la.... Hahaha

nemesis

3,994 posts

Posted by nemesis > 2015-03-21 21:28 | Report Abuse

I really dun mind to wait 15 yrs as long as they continue paying dividend...If it rises to 1.00 within 3 yrs time then it is a bonus...BUT if it takes 20 yrs to rise to 1.00 then it is within my expectation...Only Tan Sri Mustapha knows the timing...

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-03-21 23:26 | Report Abuse

Yesterday, undervalue property company Hunza have news of major shareholder offer to take private. In the past few years more and more under value property companies got taken private or merged or being taken over !
Nemesis, ask yourself this question, if you were Mustapha Kamal, what would you do ?
The answer is very simple :- take it private with dirt cheap price and then have access to the land and strip it down one by one to sell it and get fat cash & make a fortune !!
Hopefully the price must be reasonable, (at least RM2, close to NAV) otherwise all minority shall gang up and block it ! Hahaha
I think it is matter of time MK will offer to take it private ! You won't wait for 15 years !

nemesis

3,994 posts

Posted by nemesis > 2015-03-22 20:50 | Report Abuse

Lewis, If i am Tan Sri Mustapha i won't take it private too soon...I will wait for a stock market crash during a poor mkt sentiment to take it private at least i can take it private at dirt cheap price...Shareholders ve no choice but to surrender their shares to me at cheap price during market crash... At the moment i will just declare fat dividend to myself and to all my shareholders...For ur info Tan sri Mustapha n Datuk kasi are holding up to 67% of of Mkland so the Public are holding only around 33%...Just imagine if they declare 4 cent dividend Major shareholder's pocket will be full of money fm d dividend they declared...So in the end Kasi and Mustapha are still the biggest winner earning the handsome dividend fm their own company mkland...We as a shareholder also join the share of dividend....I ve already lock in a period of 15 yrs for it to shine...

nemesis

3,994 posts

Posted by nemesis > 2015-03-22 20:52 | Report Abuse

IF after 15 yrs it is still trading at 0.40 then i will change my surname...

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-03-23 08:13 | Report Abuse

haha nemesis by then Mkland already rename to nemesisland. joking only

nemesis

3,994 posts

Posted by nemesis > 2015-03-23 11:24 | Report Abuse

If Tan Sri Mustapha wanna take Mkland private then it is a BAD news for all shareholders...Pls do not assume they will offer to take private according to its NTA of 0.95...The highest price they might offer is around 0.55- 0.60 only since Mkland isn't tat profitable...Just look at the latest Hunza property privatisation, Major shareholder only offer to tk it private at 2.50 while its NTA is 3.50...It is clearly seen tat the price they offer isn't attractive at all they just wanna squeeze all shareholders's money into their own pocket for their own benefit...I totally reject the idea of taking Mkland private...It is strictly NO...Just let the market dictate its price!

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-03-23 11:39 | Report Abuse

Nemesis just let the so call new management 6 months to show their color .If still the same performance then both father n daughter sama sama. NO STANDARD. I THINK THEY SHOULD INVITE PEOPLE FROM THE LOYAL SHAREHOLDER TO HELP THEM.
TAN SRI , SHOW YOUR COLOR

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-03-23 11:43 | Report Abuse

TAN SRI U can think talk but cannot take PROPER action. This is my sincere commend on U . .
During AGM u seen to be very thoughtful n have determination to make MKLAND star of the property sector.. but..............

Ah guuuu

153 posts

Posted by Ah guuuu > 2015-03-23 20:35 | Report Abuse

Talk very easy but action hard........ U never heard it? haha

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