there is always a testing period to push up the price.By looking back a few days ago the volume wasn't high enough it means that not many chasing after this counter,the operater have to giSo ve up again.So back to the same old price.
I think less invertors at interested with this counter... The share price keep iing down cause most of the frustrated invertors cut loss and move to other counters alrdy...
dividen is not quaranteed...this year they declare dividend doesn't mean they will continue to do so..it al depends on the profitability of the company...they sud sell more land to bring in more cashflow to declare dividend...
Nemesis by selling land so that the company can survive is a very bad n no standard way for a property co to do. BRING in new partners and at the same time set the non performing staff is a must. MKLAND should not behave like a charity organization .
another big possibility is that they plan to ramp up mkland in the near term SO everytime the price started to jump they will bash it down again to maintain it at low price for them to accumulate fm the public quietly...Once u feel frussss about its price and dump it to them at cheap price and once they ve gain substancial amount of share outstanding to make sure there are no more sellers, tat is the time they manipulate the price upward straight to the sky....i have seen many stocks went thru tis phase...Hopefully Mkland is the target...Don forget they will launch d 600 mil property sales in DP anytime so the share price should reflect tis fundamental soon...They will push it up soon!
@xfighter: Besides Mkland in my property/construction portfolio, i have also invested in mitra and cmsb. So far Mkland gives good dividend, but the fruit is slow to ripen
nemesis u r totally right.So u just have to dance with it.My game was that I would login a certain %amount of share I held i had done this manyfor in case the prices keep on going up while the rest I would take profit .I would buy back when the price come back to the support lever. I had done this many times n my cos is maintained @ 31 cts
"When Mr Market mood is good,excited and optimistic we must hate, kick and slap him, but when Mr Market is gloomy, negative and pessimistic we should hug him n make friend with him"...Excitement is really investor's greatest enemy...We sud only buy when we feel discomfort and pain, not when u feel happy and excited@
Nemesis, relax ! If you want to invest in this kind of company, this is what you need to do :- "switch off your stock market monitor, pretending the whole Bursa will be shut down for the next 5 years, take a deep breath and enjoy your life everyday. 5 years later, only switch on your computer and check the price !"
haha Mr Lewis...What if 5 years later when u switch on ur computer u find tat the price is 0.30 or even lower? and the dividend not declared anymore??? Whatcha gonna do?
u will never know down the year Mkland might screwed up again and gone into troubles again...things are so hard to predict and it makes stock investment really a gamble...u think it is goin up but it goes down, u think it is goin down but it goes up...very hard to guess n predict
haha nemesis when the price rises u make noise hoping that the price can drop for u to buy. When it drops u also make noise. WHY WHY WHY ???? Feel a bit sad cos it seems that u lost your direction.
of course i am happy it drops back lower again but last week i bought it at 0.445 which caused a big big frustration tat has cost me more than 6k extra cost...IF i buy now it is very much cheaper i can save back tat few thousands to buy more shares right...If tomorrow drops more then my previous purchase has becoming more and more costly...In stock investment every cent counts and our job is to make sure we acquire it at lowest cheap price in relative to its intrinsic values...The price tat we paid for a stock wil determine how much profit we are gonna earn fm a stock...If u overpaid for a stock, u lose!!!
i totally agree with u Nick...If all of us can buy at the lowest and sell at the highest then all of us will be multi millionaire without working...the best thing is shut down the computer don look at the quote price after we bought it at least to have peace of mind
Nemesis can make $ or not depend on our own judgement. Totally dont take care of the stock is a very poor decision. Stock market is changing every minutes , we must react accordingly.
m8829 why u havent reply to my query ? Again another baseless commend ? My only hope now is that our political situation doesnt affect too much on our market.
must load up till drop nick...I want to be part owner of their land...The rest i am not interested and i am not optimistic wit their coming new launchings as it might NOT sell well as property mkt is having a great downturn at the moment...I really don understand when property boom time few yrs back they didn't launch anything, when downturn time they wanna be aggressive...What is all this rubbish idea n planning????
i agree with u but as a share holder we also have the right to find up the actual reason why the co cannot perform up to our expectation . A property co main duty is to build n sell. It should not servive by selling land alone.
If Mkland Sell all its land it could bring in at least 2 billion gross net profits...After deducted its cheap land cost which they acquired long long time ago let say 600 million...So 2 billion- 600 million= Net profit of 1.4 billion...So if u divide by its total share outstanding of 1.2 bil shares u will come to at least 1.16 EPS...At 1.16 EPS accumulated net profit it should worth at least 1.00 and above...
nemesis and nickyeo55 in lala land. Please wake up from your dreams and face up to the reality that this counter aint going anywhere but down unless a radical change in management is done.
During the last AGM ,Tan Sri announce that a professional group will be taking over the management of the company. BUT till now no sign of improvement seen. I will still stress that nonperforming staff must be removed from the group. SO if Nemesis n m8829 can group the minority share holder , we can go n talk to the management. What do u think ? We have to group n make a move now. SO........
Nick...we are just small ants so we just can't do anything...So as long as d dividend yield is better than FD rate then i am satisfied...No need to crack our head...
Oh. i thought we have aggressive share holder here. Just gather four to five share holders i think your group can easily become top 7 share holder . Anyway hope for the best.
nick, my opinion, no matter how many u managed to gather from here. They'll just entertained you with the most pleasant smile they can bring out and nod their head endlessly.
After that, all your words will just disappear as soon as u leave.
relax... enjoy the dividend... your life will be happier...
M8829 Now the RSI is below 30. i dont know how to read the chart. So both u N nemesis can help all of us here to analyse it . Chances to move upward is greater or to move downward so that there is a panic selling for nemesis to buy some more . Thanks in advance
Hi Nick really don have to crack your head to read chart...If it goes up it is a bonus, but if it goes down u load up more as simple as that...Just treat it as long term investment while continuosly receiving dividend fm them...Either UP or DOWN i know i am already a great winner in the long run...Whatever it is i hope tat it will crash soon...Sorry for tis harsh comment...
The best way to forget about your investment in Mkland is to assume tat u have lost all ur money with Mkland...It is like a car loaded with Mk share plunged into the indian ocean so that u can forget that u ve investment with MK...It is ALL GONE!!!
haha nemesis u r classify as a non aggressive investor. only want to 听天由命。 HAHA lets see what will be your commend when it drop below 35 cents. For sure happily buy some more lah . Have a nice day.
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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....
nemesis
3,994 posts
Posted by nemesis > 2015-04-24 17:02 | Report Abuse
total frustration now!!!