Very hard to goreng as it has large public share floating around....Management must do share buyback to reduce it so tat there are fewer shares left with the public resulting in less sellers in the market...most of the time sellers are more than buyers tat is why it can't go up...
Orang kaya pun kutip derma. Hahaha..anyway..yes the company has huge landbank and strategically located. However, as we are aware, it has already a complacent level. If you expect the owner to push. All the best. Why must he push as he has tonne of money already. :)
Haha Mustapha mention during the 2013 AGM , he wants MKLAND to go back to his past glory. How ? Why ? I think he is too old already , become absent minded professor. I suggest MKLAND to change name to MMLAND. M=Mustapha K=Kasi how to combine this two now ????? Hope for the best
Hope tat we will still get 3 cts dividend tis yr...Final dividend I m sure they give 2 cts....I dun mind to wait 20 yrs if they maintain 3 or 4 cts per year...if not much property project just sell more land to give us fat dividend...
MKLAND...nicky hang salah..MKLAND..MAHATHIR KASI LAND..hahaha..dont worry..they have strategic alliance with UEM..this stock as long as UMNO survive..they will survive..x worry too much..just collect..but wont go far..if u expect more than 80sen etc etc..i think..kena bogel di KLCC baru jalan kot..as long as below 48-50sen..good money already..10sen..sapa nak bagi kat hang 10sen..within this lousy market environment..hehe
Any idea when they are gonna launch the proposed 600 mil property development in DP...any delay will surely affect 2016 earnings as they unfilled sale is decreasing without any new project...
Tis is one of the worst counter I 've ever invested...other shares Up, it goes down...When all shares go down it goes even lower....poor management n lousy project execution ...10 yrs later also close the same price or even lower...
NICK...Since the CFO position is still vacant I will apply for it n do an internal restructuring n reshuffle all the incompetent directors n executives to wholly revamp the management...
Nemesis fully agree with u. This company need a qualify n aggressive CFO . Personally i feel that the CEO ( If i remember his position correctly ) Mr Lau , is quite a good person that can give people confident, however he also need to be a bit more aggressive .
Tat Mr Lau is quite soft n weak talk also half dead how to prosper the company...we need someone who is aggressive...I guess u must be sapiens a lot at cheap price few days ago...
Nemesis agree with u. if this company cannot perform this financial year , my opinion is that Mr Lau have to resign also. (hopefully u r not related to him ). Anyway we have no say on this matter. Talk but no action is just like want to drive a car but hold the brake tight. This is what the present management is behaving now. ( my opinion only . my opinion may be wrong )
Revenue over the last three financial years weren't too bad. Wouldn't be long before the next one is announced. It will likely be like last year - not excellent, but okay. I guess this sums up MK Land - an okay company, but nothing special.
Traders can make a few ringgit if they come in at its support level - more or less 30 sen or so. And then sell at nearly 40. Decent profit, if the wait is less than a year. But not many would dare to buy with market conditions like now.
By the way, Public Bank IB - the most optimistic in Malaysia! Been insisting on the 0.80 TP since a few years already. :-)
Mkland offer limited downside risk now, and share price should well supported by its generous dividend payout of 2 to 3 sen dividend, which offer annual 6.4% to as much as 9.5% yield.
If you plot mkland 5 year chart, 30 sen is a bottom support for mkland, therefore, today entry at 31.5sen is already very safe, and plus anticipated final dividend of 2 sen is just enough to cover any downside risk.
Mkland balance sheet is very clean, have cash hoard RM 170m, borrowing RM 70m, implying, MK land is in net cash position, RM 100m, translating into about 8.3 net cash per share or a quarter of MK land current share price is in the form of net cash, if take into account annual eps 4 sen, mkland afford to payout 75% net profit or 3 sen to reward shareholder, while still can continue increasing its cash pile with its remain 25% annual profit.
Mk land landbank in Damansara is its jewel of the crown, it have form jv with more reputable developer mammonth to expedite development and fetch much higher value than to develp by itself ( due to past record)
Good for hng33 here to support Mk Land ! More smart investors to analyze the company and share info together ! Now I got some spare cash, tempted to buy more MK land as they offer higher DY !
Nemesis want mkland to crash !? Who is tis nemesis? Who are you? How dare you threaten mkland shareholder in its thread here? Please don make nonsense here...
I m happy to see price crash so that I can buy cheap fm others...u come in to buy few lot and paint a good picture about it to make short term gain...I know u are a trader for a short gain so that every time u bought a counter u will promote it to so that another greater fool will buy fm u...anyway welcome to Mkland...
This Hng33 is good in accounting rules, and his info provided always right ! He used to comment in BJCorp and could analyse the complicated structure of the company brilliantly while normal people can't ! I learn a lot from him there. I think he likes to invest and trade in undervalue stocks which is traded far below its RNAV such as BJ corp, parkson etc
You are just a idiot, always thought stock and market owe you if it move against your wish, and alike' desperate housewife' to spread 'poison' if your buying price is higher than others.
You know only what to 'buy' but never learn how to 'sell', to take profit!! Bear in mind, only realize profit is real profit.....paper profit can vanish in second if you known NOTHING about the stock investment. You want to be LONG TERM investor, hold 5 year and wait for 80sen, but holding on paper loss make you keep backfire by your own frustration. a typical failure person behaviors, never hold own principal.
In stock market, capability to realize profit and consistent is only measure for one to have long term stamina and remain investor as long as you like. You also must admit mistake if market disfavor you and cut loss, protect capital and re-enter back if condition is back in favor again.
There is NOT such thing as LONG TERM Investor if your thought is to buy share with intention to hold for 5 to 10year, keep into safe, under carpet. Your are just make foul of yourself and live in denial condition. Long term investor mean you must able to realize profit, accumulate profit and need to cut loss if condition warranted, protect capital and make sure you can survive not matter in what market condition for long long time
Wah bloody hell u talk so much n try to teach me how to invest bloodyyy idiot u...U are not even born yet when I started buying stocks...Are u trying to show off here? Pack ur bag n go home boy...
Market regain momentum, buy more at 32.5sen and wait still at 32sen to continue accumulating.
Today MK land will declare financial result, it may or may not together proposed final dividend as accord to last year record, MK land only proposed and declare final dividend 2 sen in Oct. Nonetheless, time is still right to accumulate at current low level as Fed unlikely raise interest rate in Sept, and stock market back to normal condition and should in favor property stock later.
Huhhhhh act like a market analyst here...So u think ppl dun know how to research stock ah, need you to blah blah blah like nanny here....Even a small child will know Mkland will declare final dividend soon...pack ur bag n go home small boy!
Do that, guys. This company has a lot of potential due to its assets and political connections. But these aren't being maximised. If there's a change in the top management, there will be an immediate dramatic reaction to its share price. Getting fed-up of it being only in the 0.30s...occasionally going a bit above 0.40. Not good enough with all those assets.
hahaha, your evil heart will never come true 'I m happy to see price crash so that I can buy cheap fm others'. This is because you live under regret and denial state, what a pity desperate housewife.
@hng33 I think I'm going to risk it too. Been observing it again lately, especially in how it responds to the general market. It went down like most others. But the most notable thing is that 0.30 looks to be VERY strong support. We don't know the future, but I agree downside risk looks limited. This is very important considering the general depressed conditions.
Looks like there's potential for short-term trading. Something like selling at 0.36 is achievable. Please tell us when you're bailing out, okay?
No problem at all, as it is my practice to post buy and sell and be transparent. I like profit, no matter small or big, as we don not when is minimum price and maximum price and at what exact time it will happen, what is important is to know better and update ourself with latest market condition and responsive to it as nowadays, share price NOT only affect by company own fundamental, it also impact by general market sentiment, global market to some extent.
hug33 agree with u. Anyway nemesis is too emotional. share up or down both not happy . She should practice buy when most of the investor feel very very sad , sell when they r all very happy n super happy.
That why i point out nemesis weakness very clearly and wake up call for him, but too bad, he is still prefer to live under regret, madness, jealousy and denial state condition with even evil heart want MK land share price to crash so that he can buy cheap from others. too bad for him.
Hahaha my dream came true when I 've already acquired a lot at the lowest 0.30-0.305 few days ago...Anyway thanks to your beautiful recommendation on tis stock waiting to profit from your optimistic analyst on tis stock...thanks good boy! SAY MORE GOOD THING
hahaha, the most drama part of the world is nemesis dream came true when I 've already acquired a lot at the lowest 0.30-0.305 few days ago...so critical that he is now still under serious illusion and keep self-deception. Wake up! wake up! be a normal person, ok.
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 > 2015-07-27 14:42 | Report Abuse
Very hard to goreng as it has large public share floating around....Management must do share buyback to reduce it so tat there are fewer shares left with the public resulting in less sellers in the market...most of the time sellers are more than buyers tat is why it can't go up...