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.

10,216 comment(s). Last comment by dasan784 6 hours ago

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-11-06 21:01 | Report Abuse

haha this forum never get so hot like today b4. good sign

alexsee

1,349 posts

Posted by alexsee > 2015-11-06 22:09 | Report Abuse

few months ago, bought it @0.315.. but sold it with only few cents earning..huhu...cry..

nemesis

3,994 posts

Posted by nemesis > 2015-11-06 23:16 | Report Abuse

Tat is why long term investing is a better strategy as u won't know when a stock will fire up all the way to the moon...some more no trading cost involved just sit back n enjoy the ride long term...

nemesis

3,994 posts

Posted by nemesis > 2015-11-06 23:21 | Report Abuse

1.00 is fair value for tis stock BUT Nick suggested 2.00...Well, Could happen in 5 years time fm now if property bull- runninnngggg nxt time...

Why7788

24 posts

Posted by Why7788 > 2015-11-07 11:35 | Report Abuse

Hope it up to 0.7 as nemesis said..hold few at 0.35 for 1 years..this the chance..

nemesis

3,994 posts

Posted by nemesis > 2015-11-07 16:28 | Report Abuse

Can't wait to see it rises above 0.50 on Monday...hopefully can touch 0.60 by Friday...

RosMuzery

35 posts

Posted by RosMuzery > 2015-11-07 19:35 | Report Abuse

Lets pray hard

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-11-08 14:54 | Report Abuse

Hard core supporter Nemesis this time Huat liao lah !
I think now is the time for MK to goreng up after sleeping for 5 years plus ....!!
Yes !

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2015-11-08 14:57 | Report Abuse

See you at 80 cents MK !
You know why ? Public bank keeps giving TP at 80 cents must have a reason one ....

nemesis

3,994 posts

Posted by nemesis > 2015-11-08 21:34 | Report Abuse

Lewis...after so many false ignition last time, could tis time be a real turning point for mkland??? I 've watched many counters skyrocketed fm 0.40 all the way to 1.50 in less than six months time...Why? Bcos it was undervalued and ppl rushed in to buy b4 it is too late...I 've a very strong feeling tis time Mkland will skyrocket beyond ur wild imagination...During the good old days, Mkland was traded btw the range of 3.00-4.00 last time...So current price 0.47 is too cheap...Monday, all eyes will be focused on Mustapha & Kasi Land....MKLAND!

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-11-08 22:43 | Report Abuse

so , Nemesis if like what Mustapha told the share holder during 2013 AGM , he wants to bring MKLAND back to the old glory . What will be your target ? still $1 ?

nemesis

3,994 posts

Posted by nemesis > 2015-11-09 08:14 | Report Abuse

Nick...Its NTA is only 0.96 though its RNAV is above 2.00...So i will stick to its NTA as guidance for my price target...I peg it at 1.00-1.20...Hopefully Kasi won't throw his shares again tis time...In fact his stake in the company has been reduced to only 16% from 19.6% recently...Mustapha is holding almost 40% of the company...So public share holding of tis company is still very large at around 40%...Tis company even selling land alone can prosper and excel without doing any property development...Ok another 40 min to market opening...Pls take your position NOW! The rise must go on....

nemesis

3,994 posts

Posted by nemesis > 2015-11-09 08:46 | Report Abuse

today will be the best moment for MKLAND

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-11-09 09:05 | Report Abuse

so Nemesis what is the question that u prepare to ask during the coming AGM ?

nemesis

3,994 posts

Posted by nemesis > 2015-11-09 09:10 | Report Abuse

I am gonna ask him to speed up the sale if its setiawangsa land...tat could bring in at least 150 mil free cashflow...I will also ask them their commitment of share buyback to boost its share price...

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-11-09 09:21 | Report Abuse

Can u also ask them is there any joint venture with other party ?

nemesis

3,994 posts

Posted by nemesis > 2015-11-09 09:24 | Report Abuse

I am sure they are already joining venture with Mammoth Empire...

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-11-09 09:34 | Report Abuse

but the project is too small. Anyway i hope that Mammoth group interested in buying certain % in Mkland .

nemesis

3,994 posts

Posted by nemesis > 2015-11-09 09:35 | Report Abuse

losing steam haha!!!

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-11-09 09:42 | Report Abuse

i think today the price will drop a little bit . there must be a correction lah.

investaiko

201 posts

Posted by investaiko > 2015-11-09 09:47 | Report Abuse

0.47 become support now

nemesis

3,994 posts

Posted by nemesis > 2015-11-09 09:58 | Report Abuse

Profit taking...

xfighter

223 posts

Posted by xfighter > 2015-11-09 10:08 | Report Abuse

Last week, was waiting for the profit taking first before top up somemore. Then, it stuck around 0.395-0.4. Thought it is sleeping again and did not monitor due to workload. missed the 0.40 boat, 2-3 days after that became 0.47 ... $$$$ gone!

kahfai211

822 posts

Posted by kahfai211 > 2015-11-09 10:37 | Report Abuse

0.465 break!!

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-11-09 10:53 | Report Abuse

Dont worry . no problem with this counter . just a normal correction.

nemesis

3,994 posts

Posted by nemesis > 2015-11-09 12:09 | Report Abuse

Yet another goreng activity done by the syndicates...false ignition again...Wtf!

kk123

1,964 posts

Posted by kk123 > 2015-11-09 12:20 | Report Abuse

Like other ppl I took profit on mustapha Kamal land

TAH

797 posts

Posted by TAH > 2015-11-09 12:30 | Report Abuse

Keeping this counter is better than puting in FD

Jacob Lim

58 posts

Posted by Jacob Lim > 2015-11-09 13:24 | Report Abuse

stil got hope?

kahfai211

822 posts

Posted by kahfai211 > 2015-11-09 13:25 | Report Abuse

i think hopeless...ppl who calling u guys to hold are offload ady

nemesis

3,994 posts

Posted by nemesis > 2015-11-09 13:37 | Report Abuse

Who knows 2nd half later rebounds...

kahfai211

822 posts

Posted by kahfai211 > 2015-11-09 16:47 | Report Abuse

done?

apanama

3,796 posts

Posted by apanama > 2015-11-09 19:21 | Report Abuse

Based on previous track record once it touch 48sen..it will soften until 0.42-0.44 region..which I think the same pattern will be followed..below 40sen is probably out of card..but relatively it will stabilise above 425...just my 2cents honest observation about MKLAND share price behaviour

steveooikp

4,689 posts

Posted by steveooikp > 2015-11-09 23:21 | Report Abuse

I m still holding 48 sen stock

steveooikp

4,689 posts

Posted by steveooikp > 2015-11-09 23:21 | Report Abuse

Very disappointed

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-11-09 23:36 | Report Abuse

wah all of u thinking that the price can go up everyday without correction ? if that is the case very easy to play in the stock market lah .
G9

nemesis

3,994 posts

Posted by nemesis > 2015-11-10 14:22 | Report Abuse

U are rite...mkt doesn't go up in straight line....but in long term it is straight line...

nemesis

3,994 posts

Posted by nemesis > 2015-11-10 14:40 | Report Abuse

Mkland will rebound on Wed n climb new territory...

darrenliew

1,048 posts

Posted by darrenliew > 2015-11-10 14:49 | Report Abuse

UNDERVALUED STOCKS NEED CATALYSTS TO UNLOCK THEIR VALUES IN ORDER TO INCREASE THEIR SHARE PRICES
============================
SOME MONTHS AGO I DISCOVERED THE CATALYSTS FOR EURO HOLDINGS (CODE 7208)
-----------------------------------------------------------------------
AND COMMENTED ON THEM AT THE FORUM FOR EURO. EURO'S PRICE THEN WERE BETWEEN 0.55 TO 0.60 (CUM BONUS 2 FOR 1).
WE BELIEVE IN THESE CATALYSTS AND ARE NOW MAKING HANDSOME CAPITAL GAINS AS EURO IS NOW WORTH RM0.90 TO RM 0.98)

MKLAND : HIGH DIVIDEND YIELDS. DEEPLY UNDERVALUED
===================================================
THE CATALYSTS FOR MKLAND TO UNLOCK ITS VALUES INCLUDE:-

STRONG FUNDAMENTALS
-----------------------------------
NTA RM0.96
RNAV RM1.56
FAIR VALUE TARGET RM0.80 (REFER ANALYST'S REPORT FROM PUBLIC INVEST)

REDUCED GEARING/BORROWINGS BY RM182M DURING THE LAST 2 YEARS TO A COMFORTABLE RM143M. FURTHER REDUCTIONS POSSIBLE WITH THE SALE OF ADDITIONAL LAND IN PERDANA TO MAMMOTH EMPIRE AND THE PLANNED SALE OF ITS 55 ACRES SETIA WANGSA LANDS FOR HIGHER VALUE (PREVIOUSLY ABORTED SALE AT RM82M).

HIGH DIVIDEND YIELDS
--------------------------------
PAID 4 SEN LAST YEAR
PAYING 3 SEN MOW.
(DIVIDEND YIELDING FROM 6.6% TO 10% PA (MUCH HIGHER THAN BANK FD OF 3 TO 4%)
GOOD PROSPECTS FOR DIVIDEND PAYOUTS TO BE INCREASED TO 4% OR MORE WITH SALES OF NON CORE LANDS + PROFITS FROM LAUNCHING OF NEW PROJECTS+ REDUCED BANK INTEREST EXPENSES.

CATALYSTS FROM BOOST TO THE VALUES OF ITS PRIME LANDBANKS IN DAMANSARA
-----------------------------------------------------------------------------------------------------------------------
PERDANA AND DAMANSARA DAMAI.
------------------------------------------------
PERDANA IS BOOSTED BY THE THRIVING MUTIARA/THE CURVE NEXT DOOR.
BEING FURTHER ENHANCED BY THE PROJECTS BY MAMMOTH EMPIRE
DAMAI LANDBANK WILL BE BOOSTED BY MRT 2 GOING THROUGH OR SKIRTING IT.
SELANGOR STATE GOVT JUST CONFIRMED SEVERAL ACCESS ROADS WILL BE BUILT LINKING DAMAI TO L&G'S BANDAR SRI DAMASARA AND TO THE SG. BULOH FLYOVER.
MKLAND LAUNCHING ITS SUASANA PROJECT THERE SOON

VALUE CAP'S RM20B TO BUY UNDERVALUED STOCKS IN BURA
=====================================================
FUNDS AVAILABLE THIS MONTH END.

WILL BE WONDERFUL IF MKLAND IS INCLUDED AS PART OF THE PORTFOLIO OF VALUE CAP
(ELIGIBLE BEING DEEPLY UNDERVALUED AND SYARIAH COMPLIANT)

Disclaimer
========
My comments above is not a solicitation to buy or sell MKLAND. Its merely to exchange market news and share opinions. All the info are mainly derived from the many Public Domains. The figures stated may not be updated.Tq

nemesis

3,994 posts

Posted by nemesis > 2015-11-10 21:12 | Report Abuse

Good job Darren...it cannot stay undervalued for so many donkey years...it is time for it to fly...

nemesis

3,994 posts

Posted by nemesis > 2015-11-10 22:09 | Report Abuse

Overall I really don understand since it is so undervalued why till now the management won't initiate any share buyback of its shares...it is so inefficient n dumb...if the company thinks tat it's share is undervalued they should buyback its own shares at the current low level...they 've ample cash to exercise it...what kind of a dumb management it is...not wise at all...do no create values for shareholders at all....

darrenliew

1,048 posts

Posted by darrenliew > 2015-11-10 22:57 | Report Abuse

nemesis's comments are quite true. Activation of its share buy back programme can well become another catalyst to enhance shareholders' value in the form of better market price valuations + becoming part of its Dividend policy, i.e. a combination of dividend-in -specie and cash dividend.
This new catalyst can soon materialise as "the renewal of mandate for its share buy backs" is now part of the Agenda for its AGM on 21/11/15
(it will be good if shareholders attending the coming AGM "push" the Board for this to be actively carried out)

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2015-11-10 23:04 | Report Abuse

Good company ... Not sure about stock performance ...

nemesis

3,994 posts

Posted by nemesis > 2015-11-10 23:18 | Report Abuse

Without the company participation n share buyback u can never see mkland at 1.00...It is either the the company want their share price to trade tat high or not or stay at current low level...It is up to Tan Sri Mustapha...we are small fish we can't do anything...even syndicates also can't goreng the price to 1.00 as Mk shares is tightly controlled by Mustapha as it is family business...So owner has the final say...we small fish can't do anything...

kahfai211

822 posts

Posted by kahfai211 > 2015-11-10 23:19 | Report Abuse

ok...hope u guys right...i am still holding at 0.465

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-11-10 23:30 | Report Abuse

Nemesis remember i told u b4 , Tan Sri had the vision to bring this counter back to the old glory. So i believe this is the time for him to take action . He is old already , if he dont do it now , he will not be able to see Mkland going back to the past glory. i guess this is the last chance for him.
SO just wait lah

nemesis

3,994 posts

Posted by nemesis > 2015-11-11 02:38 | Report Abuse

INI KALILAH!!!! BUT property mkt is so soft now...how to go up? NOW all property counters at all time low...If it does go up to 0.80 soon, then I would call it a Great Miracle@ the only roses among the thorns...the only oasis in the vast desert...

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2015-11-11 04:31 | Report Abuse

Lia ata kuat, lia ata naik lor ...

apanama

3,796 posts

Posted by apanama > 2015-11-11 06:07 | Report Abuse

I support nemesis about correction. I support Darren about his lengthy explanation. However, please don't goreng yet ..hehehe..down a bit lah...too fast n too furious is not healthy..

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-11-11 08:44 | Report Abuse

Good morning . Glad to see that more people interested in this counter. Nemesis tell us more information after u attend the AGM.
Happy trading

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