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.

10,220 comment(s). Last comment by singkalin 15 hours ago

kktom

394 posts

Posted by kktom > 2015-03-23 20:41 | Report Abuse

graduated in Edith Cowen Uni is the lousy Uni in Perth Australia.

steveooikp

4,689 posts

Posted by steveooikp > 2015-03-25 20:34 | Report Abuse

Neck also long..... i bot at 48..... now 42.... last year 2 sen n now 1 sen... 3 sen div... plus 42... is 45... still lugi 3 sen

daizan55

165 posts

Posted by daizan55 > 2015-03-26 09:15 | Report Abuse

i bot at 47..now 42.5..last year 3 sen and now 1 sen..4 sen div..plus 42.5..is 46.5..almost recover my loss

xfighter

223 posts

Posted by xfighter > 2015-03-26 18:15 | Report Abuse

i bought at 0.53 .. so will just hold, i dont mind ...

iQBE189

454 posts

Posted by iQBE189 > 2015-03-27 11:21 | Report Abuse

After dividend i guess price will drop x only 1sen... maybe 2-2.5sen

speakup

27,084 posts

Posted by speakup > 2015-03-27 11:55 | Report Abuse

not "drop", but "adjust"

nemesis

3,994 posts

Posted by nemesis > 2015-03-28 20:41 | Report Abuse

now the problem is After GST will property prices go up or down and if going down how will it affect Mkland soon to be launched properties in Damansara??? Will it sell well? Or will GST affect demand for properties? What do you think guys? As u can see all property counters are having a recession or slowdown and maybe the worst performing industry in Bursa after Oil and Gas counters...Tis might cause a great concern to shareholders of property counters...

kktom

394 posts

Posted by kktom > 2015-03-30 16:15 | Report Abuse

gst will not affect the residential price.you don't have to pay gst on residential property but GST on sale n puschase agreement.On the other hand 6% on commercial property

kktom

394 posts

Posted by kktom > 2015-03-30 16:28 | Report Abuse

I personally think properties market is at easing point.Australia is at this level on 2nd hand housing but not for New homes likewise Singapore.As Malaysia pricese will stay bcos has a lot of housing projects.Affortable housing will sell good with low interest rate.
MKland wont be any showtime unless the Bakar family push it.Hate them!

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-03-30 21:41 | Report Abuse

Bakar family ? Apa lu cakap ? Got this major shareholder meh ?

kktom

394 posts

Posted by kktom > 2015-03-31 16:25 | Report Abuse

Jafah?g not good in names.whats that fxxxxx s name?Control more than 50%?

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-03-31 22:02 | Report Abuse

Mustapha Kamal lah ! MK Land stands for Mustapha Kamal & Kasi s land , 2 founders of the company, but 2 years ago Kasi dumped around 100 millions of share for no obvious reason causing the share price slumping to new low ....

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-03-31 22:03 | Report Abuse

Otherwise the price could have climbed up to 80 cents already !
His crazy dumping scares off many investors !

kktom

394 posts

Posted by kktom > 2015-04-01 16:34 | Report Abuse

I know Kasi dumped the share.I was caught during theat time,lucky it came back n make some after that.To me MKland is belong to them.if they don't push it ,it will never goes up.If they don't sell the land prices will be the same.The landbank worth 5 bil provided they sell it or jv otherwise it is just wstland or jungle!.

Ah guuuu

153 posts

Posted by Ah guuuu > 2015-04-02 12:39 | Report Abuse

MKlanddddddddd...........................

kwongliang

549 posts

Posted by kwongliang > 2015-04-02 15:19 | Report Abuse

1 year ago (10 Apr 14), i brought mkland at 0.445.
1 year later, mkland is still at 0.430... >.<

tonylim

4,796 posts

Posted by tonylim > 2015-04-02 18:22 | Report Abuse

If you have bought properties from them then you won't buy his shares

nemesis

3,994 posts

Posted by nemesis > 2015-04-03 08:19 | Report Abuse

If the major shareholders ve no intention to push up Mk shares, there is no way it can rise up...Syndicates also won.t manipulate tis counter as it is tightly held by Mustapha and it has a large share base...So the only person tat can ramp up Mkland is Tan Sri Mustapha himself...I am sure he has all the financial strength to push up Mkland BUT it is just not the right moment as right now it is not condusive for him to ramp it up as property industry is having a big slowdown...So for those who are still holding Mkland either u sell it to me at cheap price OR u just be patient and wait at least 10 yrs...Otherwise just give up and sell it to me at lelong price....I will sure buy from you at cheap cheap price....No need to talk so much here if u think Mkland has no potential just sell it and change counter as simple as that

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-04-03 21:18 | Report Abuse

Nemesis i guess u can become one of the major share holder . I suggest u try to make a courtesy call to Tan Sri n have a chat with him about Mkland future . I will be able to join u if i am free at that time.

bold348

62 posts

Posted by bold348 > 2015-04-03 23:23 | Report Abuse

mkland pay dividen almost 7% per share price last year. im ok with the price ...

nemesis

3,994 posts

Posted by nemesis > 2015-04-04 00:37 | Report Abuse

I am very comfortable for it to stay at 0.42 or below for the medium term...I won't be frus if it doesn't rise in the near to medium term...In fact buying stock is a long term goal...I prefer it to stay below 0.40 if possible...Kasi let's dump your stake again!

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-04-04 01:53 | Report Abuse

haha Nemesis dividend is a must n is use to compensate bank interest only. When we invest in stock we r looking at dividend n capital appreciation.
If we r happy with around 8% return only , i suggest it will be more safe to invest in ASM OR ASW ETC ETC.

nemesis

3,994 posts

Posted by nemesis > 2015-04-04 10:59 | Report Abuse

well i consider Mkland my retire fund so it is a long term investment...don tell me after 20 yrs fm now it is still trading at 0.425...

nemesis

3,994 posts

Posted by nemesis > 2015-04-04 11:11 | Report Abuse

Now the greatest fear now is that the next market crash could be coming very soon so we might see mkland plunge to new low...Everything is so uncertain now...

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-04-04 21:51 | Report Abuse

so??? ASM BETTER ?

ONOMNOM

166 posts

Posted by ONOMNOM > 2015-04-05 12:22 | Report Abuse

Waaa..scared one ler..don't pray pray..

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-04-05 21:54 | Report Abuse

The only consolation with his company is they keep paying dividend without fail for the past 3 years already , my average cost is 40cents , the DY return is better than if I put the same amount of money in FD ! Almost double the FD rate

nemesis

3,994 posts

Posted by nemesis > 2015-04-05 23:06 | Report Abuse

This is not to scare you...We might have a bull market that lasted only 8 yrs OR we might ve a long and steady Bull Market tat lasted more than 12 yrs...SO if tis bull market will last only 8 yrs then ur holding in Mkland is shaky....We are now in 7 year of a bull market but Mkland still bearish all the time very SAD

investor88

282 posts

Posted by investor88 > 2015-04-07 17:45 | Report Abuse

the DP launch should be ard the corner. then MKland will shoot up. So far now the price is well supported and awaiting for news to shoot up.

nemesis

3,994 posts

Posted by nemesis > 2015-04-07 18:42 | Report Abuse

Plssss dun shoot up till next 2 years...Tis is the most comfortable and condusive price for Mkland...A higher price will only make it unattractive and ugly...Pls dun hope for capital appreciation as its dividend can quarantee sustainable income for you...I just hope tat Datuk Kasi will start a massive disposal of its stake for lelong!!!...Pls do it KASI!!!! We are waiting here...

nemesis

3,994 posts

Posted by nemesis > 2015-04-07 18:50 | Report Abuse

One thing for sure property sales is going to tumble in the next 9-12 mths to come due to GST...Most ppl will stay at the sideline holding cash reluctant to buy property...Hence Mkland next launching is a bad idea as sales will be sluggish...Property counters are doom for misfortune due to GST and tighter lending imposed by govt...So i am seeing Mkland to plunge to below 0.40 in the near term due to bad sentiment...So if it goes down it is a jackpot bonus...Let is crash and doom!!!

helloQst

30 posts

Posted by helloQst > 2015-04-07 22:26 | Report Abuse

mkl, ...'bei yong' ,give dividen also 'bolak'... sell or buy ???

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-04-08 01:56 | Report Abuse

haha nemesis i dont know what u r thinking about. your thinking is not consistent . i think u r either confuse or .........

Posted by RM1DivStock > 2015-04-08 13:36 | Report Abuse

GST does not affect residential houses. Nevertheless, developer will have to convert the GST effect to buyer by selling st higher price. :SHIT:

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-04-09 11:27 | Report Abuse

I can see Mustapha's style is keep paying out dividends to shareholder but ignoring to do sth to spur the share price ...
Unless Mammoth Empire can step in and take a big stake (maybe sapu all Kasi's share) then only the full value can be realised !! (80 cent - RM1.00)
Seems like only Mammoth EMpire group is the only developer keen on their value land at damamsara

Shacks

1,542 posts

Posted by Shacks > 2015-04-09 15:19 | Report Abuse

What will happen, if someone offers to directly purchase Kasi's or Mustapha's share price at a value double of the current share price? Disregard if there's change of management or a new shareholder on board.

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-04-09 16:51 | Report Abuse

If that happens, normally the price will trade around the offer value ... As the public have confidence with the price. This is herd mentality , if a big shot buy at such a high price, the share price must worth as such , so they follow suit to panic buy until reaching the offer price

Posted by Jeffrey Yong > 2015-04-09 18:12 | Report Abuse

The Rakyat Post ‏@TheRakyatPost 20m20 minutes ago
MK Land director faces bankruptcy - The Rakyat Post http://fb.me/36bG30UvQ

Shacks

1,542 posts

Posted by Shacks > 2015-04-09 18:20 | Report Abuse

Thanks Lewis on the explanation.

Kasi face bankruptcy charges on his personal capacity, will that affect MKLAnd?

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-04-09 21:13 | Report Abuse

Jiat lat liao lah !!!!!!!
I think next few weeks, all Kasi 200 millions will be forced sell in the market !!!
Can whack all the way down to 10-20 cents, I think !
Better RUNNNNNNNNNN for life tomorrow !!!!!
Nemesis will be there to sapu them, I think !
( that explains why earlier on he disposed like crazy man ! He is in deep financial trouble !)
I am just a small fly, better run first before landslide ! Can buy cheaper when the dust settle !
Nemesis , what do you think ???

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-04-09 21:16 | Report Abuse

My advice to all MK land minority :-
May Day May Day ! Bo chow ccccccc aaaaaaa !!! ( leno' style )
You can buy it back at cheaper price !!

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-04-09 21:18 | Report Abuse

Jeffrey Yong, thanks for sharing the news !

Shacks

1,542 posts

Posted by Shacks > 2015-04-09 21:23 | Report Abuse

Bro Lewis, don't panic first. Let us hear bro nemesis opinion first.

Think about it, if this news will affect MKLAND, why today spike and closed +0.015? If this case is detrimental to MKLAND, insiders will be the first one to dump first. Even before today, this counter will be less than 40c.

So, relax and monitor the situation first.

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-04-09 21:31 | Report Abuse

I noted the Rakyat Post published the news at 5.48pm, that's why the public hasn't got the news during trading hours !
Anyway need to watch closely tomorrow !
Don't play play you know , last time Kasi dumped his 100 millions share, it whacked the price all the way down to 30 cents ! Now he still got 200 millions plus , can be double the impact !!
Looks like he screwed up in Australia property venture !

Shacks

1,542 posts

Posted by Shacks > 2015-04-09 21:36 | Report Abuse

Gosh... if that happens, then many jialat lo.....

jayawin

727 posts

Posted by jayawin > 2015-04-09 21:42 | Report Abuse

Seem like will happen soon

steveooikp

4,689 posts

Posted by steveooikp > 2015-04-09 22:18 | Report Abuse

That is kasi personal business nothing to do with mkland. Further.... rm 44 million... kasi won't bankrupt

steveooikp

4,689 posts

Posted by steveooikp > 2015-04-09 22:19 | Report Abuse

U think kasi cannlt fork out rm 44 million?

Posted by superspeculator > 2015-04-09 22:22 | Report Abuse

Westpac initiated the claim. It doesn't mean that kasi will be liable for that entire sum. It's too premature to say that kasi will go bankrupt. Court hearing haven't even started. The claim is just RM45 mil. Do you think this is a big sum for him?

daizan55

165 posts

Posted by daizan55 > 2015-04-09 22:26 | Report Abuse

In new court documents lodged in the Federal Court in Perth, Mr Kasi Palaniappan has argued a bankruptcy notice issued in January had no force because he "was not a resident of Australia [and] … was not carrying on business in Australia".

It is unclear whether Westpac will be able to retrieve the outstanding debt from an overseas jurisdiction, as it will likely depend on whether Mr Kasi Palaniappan has assets in a country where the courts would hear the bank's plea.

A Westpac spokesman said the bank was in litigation with Mr Kasi Palaniappan in Australia "and in other jurisdictions".

"As those proceedings are ongoing, we are not in a position to make any further comment at this stage," the spokesman said.

Mr Kasi Palaniappan is a former architect and university professor who had assets valued at $US127 million ($165 million) in 2006, according to Forbes. He is still listed as a director at the Malaysian company he founded, MK Land.

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