One thing I like about MK Land is that they consistently give high dividends. No money also they will sell lands to give dividends, and take care of shareholders ! No like Mulpha, another counter I invested, despite good properties, good profit every quarter, but never give dividend, now want rights issue to con our money some more !! (smell very fishy !)
Tat mulpha is the greatest liar counter ... it has net debt of 1.6 billion borrowings...balance sheet very risky though they 've valuable assets in Australia...better dump it b4 too late...it hasn't been paying dividend for more than 15 years...
AGREED. MKLAND HAS ALL THE FUNDAMENTALS AND CATALYSTS TO MOVE UP AFTER THE CURRENT CONSOLIDATION. ITS PRICE UPMOVE WILL LIKELY COME AS WE NEAR THE AGM ON 26/11 AND THE DIVIDEND EX-DATE ON 10/12/2015
Darrenliew...u have a point..nemesis also has a point but recession is not yet...x worry about recession ..its not effect MKLAND much due too infra is not done by MKLAND..infra done by govt. Plus if u look at it Damansara area is already almost completed the infra if compared to Iskandar..the toughest will be new growth area that MKLAND has position..however based on the track record..they will survive..the rest only Allah SWT knows the future..we just can build the best scenario analysis...:)
ALL VIEWS ARE WELCOME. IN THIS WAY ALL WILL BECOME BETTER INFORMED MY VIEWS ARE THAT MKLAND HAVING STRONG FUNDAMENTALS WILL BE IN A BETTER POSITION TO SUCCESSFULLY OVERCOME WHATEVER ECONOMIC UNCERTAINTIES CURRENTLY FACED BY ALL BUSINESSES, INCLUDING MKLAND NEVERTHELESS, MKLAND IS THE GOOD BUSINESS ADVANTAGES OF OWNING VAST PRIME LANDBANKS ACQUIRED AT VERY LOW COSTS (EG DAMANSARA PERDANA OWNED SEVERAL DECADES AGO) APANAMA'S POINT REGARDING INFRASTRUCTURE COSTS IS VERY VALID. AS SUCH COSTS CAN BE VERY COSTLY WHICH WILL AFFECT/COMPRESS YOUR PROFIT MARGINS (WHICH CANNOT BE OFFSET OR COMPENSATED BY INCREASING YOUR PROPERTY SALE PRICES DUE TO THE PROPERTY RECESSION AS RIGHTLY OBSERVED BY NEMESIS.
DAMANDARA PERDANA IS ALREADY WILL SERVED BY EXCELLENT INFRASTRUCTURES. DAMANSARA DAMAI"S (LOCATED NEAR MRT 1'S MAIN TERMINUS IN SG BULOH) INFRASTRUCTURES WILL BE GREATLY BOOSTED BY THE MRT 2 LINE WHICH WILL EITHER CUT ACROSS OR SKIRTS ITS LAND THERE. CONSTRUCTION TO START NEXT YEAR. MEANWHILE THE STATE GOVT IS GOING TO BUILD 2 MORE ACCESS ROADS LINKING IT L&G'S SRI DAMANSARA AND TO THE SG BULOH/KUALA SELANGOR TRUNK ROAD. PRIME LANDBANKS OWNED AT VERY LOW HOLDING COSTS + NO NECESSITY TO INCUR HUGE INFRASTRUCTURE WILL PUT MKLAND IN A MUCH BETTER POSITION THAN MANY OTHER DEVELOPERS.
Iskandar is like the early days of Cyberjaya. Damansara Perdana or Damansara Damai name it whatever "DAMANSARA" is like the early days of Golden Triangle at KLCC. hehehe...
60sen is definitely easily reachable :)...time will tell...:)
xfighter. Fully agree with you. MKland is one of the rare stocks with very High Dividend Yields (besides being deeply undervalued based on fundamentals) Past 2 years' Dividend Yields ======================= 2014 : paid 2+2 sen = total 4 sen or 10% dividen yield (based on MKlands share price then) 2015 : paid 1sen as interim D + current Final 2 sen = Total 3 sen or 6.82% (on price of 0.44 sen)
We and xfighter will be earning much higher Dividend Income from MKland compared to what we can get from Banks' Fixed Deposit rates of 3 to 4.2% p.a. Also of great practical significance in terms of real cash inflows is that we will receive the 2 sen Dividend on 31/12/15 in about 1.5 month's time from MKland (compared to having to wait for 1 full year for the Bank FD to mature) . We can earn much higher Dividend Yields in a very short time from MKLAND against receiving much less interest income and having to wait almost 12 times longer period if placed as FD. (MKLAND covers us with good cash returns while we wait for its deeply undervalued assets to be unlocked over time) Happy investing to all MKLAND'S supporters !!!
WE PREFER TO STICK TO MKLAND :- 1) SAFETY FACTOR BASED ON CURRENT LOW SHARE PRICE SECURED BY STRONG FUNDAMENTALS (PROFITABLE RESULTS, COMFORTABLE GEARING, UNDERVALUED PRIME LANDBANKS BEING UNLOCKED/MONETISED VIA PROGRESSIVE PROJECT DEVELOPMENTS, SALES OF NON CORE/EXCESS LANDS TO ACCUMULATE MORE CASH RESERVES 2) BRIGHT PROSPECTS OF CAPITAL GAINS 3) GETTING HIGH DIVIDEND YIELDS IN THE MEANTIME
Nemesis since u r going to attend the coming AGM can u represent us to request for a special additional dividend of at least 1 cent so that it will be at least the same as last FY.
GOOD SUGGESTION. INCREASING DIVIDEND PAYOUTS WILL DEFINITELY ENHANCE THE QUALITY AND ATTRACTIVENESS OF MKLAND AS AN INVESTMENT STOCK TO MORE INSTITUTIONAL FUND MANAGER,PENSION FUNDS LIKE EPF, ETC. BEING DEEPLY UNDERVALUED AND PAYING HIGH DIVIDENDS, IT WILL BE A BIG BOOST TO MKland's SHARE PRICE IF SELECTED BY VALUE CAP'S TARGETED RM20 BILLIONS PORTFOLIOS TO BE ACTIVATED NEXT MONTH. MKLAND'S SOUND FUNDAMENTALS + SHARIAH COMPLIANT QUALIFIES TO BE TARGETED.
NEMESIS CAN BE MORE SPECIFIC IN HIS (AND OURS' )REQUEST WHEN ASKING THE BOARD TO GIVE A SPECIAL DIVIDEND. THE SALE OF LAND IN DAMANSARA PERDANA TO MAMMOTH EMPIRE IS BRINGING IN CASH OF RM82M. THE PLANNED SALE OF THE 55 ACRES SETIA WANGSA LAND IS NOW REPORTED TO BE WORTH A LOT MORE THAN THE RM96M PRICE TAG IN THE EARLIER PROPOSED (NOW CANCELLED) SALE
I don understand why so many ppl wanna sell tis stock everytime it is about to rise??? Anybody here know how much acres of land they own in damansara damai????Pls give your feedback as I need to know the exact RNAV of tis company...thanks
NEMESIS those who want to push the counter main intention is to sell . If the seller is more then this is a sign of goreng. If no seller then definitely no one want to goreng it. Mkland today is very healty
HA. HA. QUITE A BIT. I ACCUMULATED MKLAND BASED ON ALL THE REASONS GIVEN AND WHICH I FIRMLY BELIEVED IN. BESIDES THE SAFETY FACTOR (VERY IMPORTANT IN ORDER TO PROTECT AND PRESERVE MY CAPITAL) AND THE GOOD PROSPECTS OF VALUE APPRECIATION OVER TIME, I AM HAPPY TO RECEIVE CASH DIVIDENDS WHOSE YIELDS ARE MUCH BETTER THAN BANK FIXED DEPOSITS.
But the problem is tat Mkland is very slow...other loss making companies which even traded above book value even rise faster than mk land by many folds...I really dono wat is wrong....
WHILE ALL INVESTORS'S PRIMARY AIM IS TO MAKE MONEY FROM SHARE INVESTING, WE MUST ALSO DO SO WITH DUE CARE SINCE HIGHLY SPECULATIVE SHARES ARE EXPOSED TO VERY HIGH RISKS OF CAPITAL LOSS DUE TO SUCH RISKY SHARES LACKING FUNDAMENTALS (eg, low NET TANGIBLE ASSETS BACKING, PERSISTENT BUSINESS LOSSES, HIGH BORROWINGS/GEARING, ETC) AND WHICH ARE LIKELY MANIPULATED BY SYNDICATES (INVESTORS SHOULD FAMILIARISE THEMSELVES WITH THE RISKY "PUMP & DUMP" OPERATIONS BY SYNDICATES.
SAFETY FACTOR.( TO PROTECT OUR INVESTMENT CAPITAL), IS IMPORTANT TO US WHILE AIMING FOR POSITIVE RETURNS FROM GOOD DIVIDEND YIELDS AND CAPITAL GAINS AS THE SHARE PRICE APPRECIATES BASED ON STRONG FUNDAMENTALS.
HENCE WE ARE CONVINCED THAT OUR MKLAND IS OUR RIGHT STOCK CHOICE.
Just imagine u are holding a speculative stock targeted by syndicates...u can get rich overnight...they help u to create volumes n pump it up n we SELL it to make fast profit...
THE BIG RISK IS MOST OF US ARE UNABLE TO RUN FAST ENOUGH ( WE ENTER LATE AFTER RECEIVING SUCH TIPS LATE AND ALSO RISK EXITING LATE) ANYWAY, THERE WILL ALWAYS BE MANY TYPES OF INVESTORS OR PUNTERS. EACH WILL HAVE ITS OWN NICHE AND STRATEGIES. BEST OF LUCK AND WISHES TO ALL
Nemesis want to take risk should try TADMAX . Anyway put certain portion of your fund in risk taking stock is advisable ( provided u must do some study also )
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 > 2015-11-11 11:56 | Report Abuse
One thing I like about MK Land is that they consistently give high dividends. No money also they will sell lands to give dividends, and take care of shareholders !
No like Mulpha, another counter I invested, despite good properties, good profit every quarter, but never give dividend, now want rights issue to con our money some more !! (smell very fishy !)