I believe the recent increase is due to foreign fund buying as they are coming back to our market. This is a strong fundamental company with good dividend payment. There is no reason why it will not attract the attention of the foreign fund managers. If you observe the historical movement of this counter, it will move up when the foreign funds flow into the market and move down when they exit our market. Hopefully, the gradual up trend will continue. So, don't simply sell the shares because of the financial predicament of one major shareholders.
i guess foreign funds will buy only blue Chip and 2nd liner stocks,,,not penny and underperforming stock like Mkland...Now all of us are waiting for Kasi to let GO his entire shares in Mkland...
If they buy Mkland, then why Mkland didn't go up since they bought in a big position??? Till now Mkland still lagging far far behind i can even say tat it is the biggest loser of all time if u compare its size and asset...Bad reputation had dampened its price till now even though Mkland has clean up its bad image and completed its latest projects on time...it is really unjustified!!!!
Obviously not all foreign funds look at this counter but some do. Anyhow, the foreign funds that flow into over market currently are still relatively small. Most of the big fund managers have not return to our market.
If you are still not convinced of my statement, you can look at the top 30 shareholders in its last annual report. Pls count how many foreign fund holders are there.
0.45 already cleared all at once...the next upside is 0.46...it is comiiiinnnnnnnngggggggggggggggggggggg!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
nickyeo55, I think nemesis is right ! All those foreign fund listed in annual report are those kena trapped few years back (more than 5 maybe ?)!! I notice during sub prime crisis, one foreign fund "Liberty sth" dumping the share all the way from 1.50 until 0.10 !! and ceasing to be major shareholder !!! Since then, i don't see any changes (or increase) of foreign funds in this company !!
If any foreign fund ever increase their stake up to 5% to be substantial shareholder, the price would have shot up to 1.50 (retailer's mentality to chase after) and we all will be dancing all the way to Paris Hilton' s wild party already !! Hahaha
I believe Mkland is under "Accumulation Phase" by certain parties including owner himself...As u notice there have been few times it started to fly shown by its sudden increase of volume and then been pushed down again and again so as to dampen it fm going up...This is the way a stock to be pushed up gradually...At first they need to quietly and slowly absorb most of the shares at cheap price and finally comes the distribution phase where they will announce good news to distribute back the shares to buyers at high price for a decent profit...I believe Mkland will be pushed up aggessively soon with target price above 0.80 cts...Tan sri Mustapha is doing wonders behind the scene...Get ready for the explosive rise!!!
Mr Lewis Lee can someone help to compare the foreign fund holding for the past few years ? Can get the comparison from the annual report . Very sorry i do not have the time to do this. TQVM
Nickyeo55, very simple to check , I got all this in i3investor. Go to the button 'disclosure' near the top and choose 'change in shareholding (shareholder)' you can see the history of substantial shareholder (Liberty Fund) dumping the share in 2007 & 2008 )
WTF...Why always tis kind of pattern with Mkland??? Risen up and tumble down again...Always not consistent all the time...It seems tat it takes 15-20 yrs for it to reach 0.80 is very very true...It has been more than 3 yrs PublicInvest wrote so attractively about tis ugly creature, yet till now it doesn't look any better even when u are spoon fed with dividend...Its management doesn't care to create values to investors in terms of capital appreciation...NO share buyback, NO acquisition, NO bonus Issues and NO initiative to spice up its share price...We ve been in 7-8 yers of bull market YET it fails to lift up Mkland still hovering below 0.45 for ages long or maybe forever...WHAT A GREAT SHAME n DISSAPOINTMENT!!! Tis counter is the greatest failure and turn off among the universal of stocks in Bursa in terms of capital appreciation...6 yrs ago also 0.40++++,,, 6 yrs later also 0.40+++++....What is wrong?????????????????????????? What is Publicinvest real motive writing so good about tis stock yet the price target doesn't come true??? I thought the management is working with analyst like Publiinvest to push up the share price then Why it seems so bloody hard for it to rise up above 0.50 cts...WTF!!!
I guess all of you better put it under the ground instead of putting it inside the freezer bcos u are gonna wait at least 20 yrs for it to even move higher...It is a grandfather stock!!!
Mr Nemesis u use to say that u want the price to drop so that u can buy . So , what is the big deal for the price not to appreciate ? This is what u want. SO...........
i ve bought quite a number of Mkland at 0.445 few days ago on anticipation tat it might shoot up very soon but once again i was proved wrong again...I was too hurry to chase it fearing tat its price will leave me behind...I should ve waited for it to drop back to 0.40 but emotionally i was too rushed and hurry to buy it...i am totally frus now thinking tat i ve bought it at high price....
Nemesis cut losses now. I know you are an ardent fan of this counter, but next week will be the greatest downfall of mkland. You know all my advise has come true so far.
Mr Nemesis think of this logic. After we bought the counter we always expect it to drop further cos we buy when it is downward trend . We expect it to move higher after we sold our share cos it is upward trend. Agree ? SO WHAT IS THE BIG DEAL NOW WHEN IT DROPS ? normal right.
yes i know Nick...Of course after we bought a stock and then few days later it drops further i am sure u will beat ur heart for buying too early cos u paid more for a share...Of course we can't predict wat will happen next...Sometime if we don buy wait n see also frus cos the price might leave us behind...So buying stocks is really a frustration game...the most important thing is Not to overpaid for a stock...at 0.445 i feel tat i overpaid for an ugly stock....
anyway i blame it on trader and speculator who spiked up the price and then dumb it for fast profit...IF not bcos of those idiots, the price will never risen up so suddenly and will stay at 0.420-430...If they wanna make a fast profit then pls don choose mkland as there are plenty of mesdaq speculating counters to trade, Mkland is for pure genuine buyers...Pls don come and rape it and dumb it aside for a lust...bloody hell
Nemesis, i think investment public over react to the news of Westpac suing Kasi for bankruptcy in Australia ! As what i said earlier, people might worry he start off another selling spree to settle the debt ! although whether he will be sued bankrupt in malaysia is a matter of law to answer, as a prominent businessman, he needs to safeguard his reputation ! otherwise he can never step into the shore of Australia anymore ! I expect him to some how sell off some MK Land shares to pay that debt !
long term investors just look at the fundamental of MK Land company, short term traders need to look at all these sensitive issues ... My advice to all ! who knows ? nemesis will eventually wallup all Kasi's share at dirt cheap price later ?
OMG u expect it to come down to 30 cts??? Pls don tell me Kasi once listed as richest man in Malaysia don ve 45 million saving to settle the bankruptcy issue...wat is 45 mil to a rich man...it taste like 4k to him...IF i am tat rich i wil just settle it wit cash to protect my image...i promise myself i will never buy Mkland AGAIN unless it is trading below 0.40...I will forever regretted tat i paid 0.445 for it tat has caused me few thousand extra cost...
I guess Kasi is in financial trouble now ! otherwise why he dumped 100 millions shares to settle margin call ? If 45 millions is sup sup water to him, he would have settled the debt long ago and won't let it proceed until bankruptcy and expose to publicity lah !! Good to look meh ? Those filthy rich man, if does not manage money well, taking too many risks, project here, project there, sini judi, sana main saham, over expose ... etc Rich man also become beggar lah ! look at Mike Tyson ....
Nemesis N Mr Lee minority share holder like u n me can never trade until the extend can affect the share price. counter can go up only when fund manager buying n at the same time BOSSES also do not disturb the purchase.Another chance for it to move up is someone want to take over quite a big % of the company. Hopefully Kasi pledge most of the share to the BANK n now he need to look for buyer ( in case he is short of fund . ) . HAHA our Tan Sri ever said during the AGM 2013 , MKLAND price up or not depend on GOD wish. SAD lah , i think should depend on ourself.
Should ask Spsetia boss TAN SRI LIEW to take over as the second largest shareholders...Anyway Lewis if ever Mkland crash to 0.30 i will bring the largest fish net to catch it to average up the price i paid at 0.445...
HAHA i believe by now u r one of the top 20 share holders already , why dont u represent us to pay a courtesy call to Tan Sri n his daughter. U can discuss the future of MKLAND with them.
Shit today closed at 0.425...it means tat my buy at 0.445 has becomes more and more expensive...WTFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF!
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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....
Lewis Lee
1,695 posts
Posted by Lewis Lee > 2015-04-15 09:55 | Report Abuse
Looks like the share price is inching up everyday ...... ?
KASI & proxies goreng up for him to dump ??
Maybe will goreng up to 50-55 cents again !