mkland is control by Mustapha family,very hard for big player to involve pushing the price up unless get the green light fr the major shareholder.I believe big player not interested in this counter.So very hard,take a long time to go up to .80cts even though it worth that much..This is personal view only.
Mr kktom if Mustapha family want to show their assert increase , the most easy way is to push the share up. I personally think that they dont want to let Kasi dispose at a higher price.
I believe the price might come down to 0.35 again...So to buy tis counter u musn't rush...any price tat u buy above 0.40 is considered bad deal...who know kasi wil start disposing his stake again nxt week...buy 1 free 1 clearance sale is coming...haha
All of you start prepare to grab it at a great discount soon as Datuk Kasi will start dispose big time again tat will hammer down the price all the way down to below 0.35...
Nemesis r u sure it is good for u ? How much do u want u buy ? I believe if u really keep on cumulating by now u should be in the top 20 share holder already . G9
As predicted it is falling down continuously tis is just the beginning of great downfall of Mkland...It is bloodbath again target price 0.33...Lets sell it haha
Nemesis those long term player normally do not care about the price movement. HAHA if u can predict it to drop to 33 cents , why u bought at above 40 cents ? Why dont u dispose off all above 40 cents ? INTERESTING right ? G9
If Kasi wanted to sell his shares,he would sell in block to someone else but has to find buyer first.He still got about 18-19%,which is about 68,000,000.worth.I don't think he would sell in open maket at this time.Some one is pressing down the price so he cant sell. According to Australia bankruptcy law,it last 7 years only.After 7 yrs one will be cleared from bankruptcy even though the debt never settled. Recently passed away Australian tycoon Allen Bone was the example.
Mustapha Kamal don't buy to support the price, Kasi don't sell to whack down the price make it more under value, no news of selling lands, no news of new housing developments ..... This counter will stay coma ..... for ages liao !!
Nemesis you sound frustrated rather than happy collecting when in case it drop to 30 cents. Anyway the volume is small now. i believe if it drop deeper the volume will increase for u to collect.
Nick...though it drop to 0.30, it will still reflect 1.00 in my portfolio value...as I m looking at long term horizon...what matters most is the long term real value...every time i managed to buy at below 0.40 I will laugh all the way to the bank as I assume I already make at least 600 for 1000 shares of mkland...the only terms and condition is that I can't claim it right now...I can only claim it in the long run in favourable mkt condition...a pessimistic price only give me opportunity to add to my position...
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 > 2015-06-10 16:10 | Report Abuse
It is game over for Mkland