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

0.185 - 0.19

Trading Volume

682,000

Additional Listing


Ann. Date Date Type Units Price View
Discussions
22 people like this. Showing 50 of 10,249 comments

kenwilbur

Nemesis is gone

2024-09-24 16:46

nickyeo55

He should be in cos can provide quick information

2024-09-24 19:02

bullrun168

Walaoeh, what happend ?
Super damn hot man Mkland today !
Now Mkland was traded at @0.195 (+0.01) (+5.4 %)
Heng ah, Ong ah, Huat ah !

2024-09-30 10:17

Starisborn

Durian runtuh!

Getting closer and closer on the LSS5 announcement. 😛

1 month ago

calvintaneng

High industrial land prices in Penang

Mk land with 4,000 acres lands are priced at only 10% of those Batu Kawan

Will see spillover benefit for Mkland

1 month ago

singkalin

characteristic of privilege company.
sleep....sleep and sleep.
untung ikan bilis also ok lah.

1 month ago

calvintaneng

dasan784

Mr. Calvin
Thanks for kind feedback but how long for Mkland to see the spillover benefits. I have now realised now that when buying shares we have if the company has support from the management if not keep away from companies like this. Can i pick your thoughts on this. Tq

Good question dasan784

By Jan 2025 Trump will impose 60% Tariff on China exports to USA

There will be a mad frantic rush to relocate Factories from China to other countries and Malaysia will be a favourable destination

In Perak there are lots of Malaysian Chinese & Chinese Food looks alluring to China Investors

Plus Perakn Govt is pro-active with its lower cost of land and labour is an ideal place to set up Factories

So from 2025 to 2029 we will see Spillover Boom from Batu Kawan to Kerian State of Perak

1 month ago

singkalin

extract from MK Land Account Report:
Leisure loss of RM 432,000
Education loss of RM 13,000
Solar loss of RM 235,000.
Why solar still at loss. We expecting solar will generated stable income for MK.

4 weeks ago

calvintaneng

MK LAND

GOLD MINE ASSETS IN KERIAN

NEXT TECH BOOK ZONE AFTER BATU KAWAN & BAYAN LEPAS

The ASEAN Century Southeast Asia on the rise 1) Malaysia. 2 to 5: the Philippines, Thailand, Indonesia, and Vietnam.

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-12-02-story-h475645343-The_ASEAN_Century_Southeast_Asia_on_the_rise_1_Malaysia_2_to_5_the_Phili

4 weeks ago

elunmask8

With Trump's victory, my net worth has also increased! Will load more on this counter as good news will be forthcoming soon. 😎

3 weeks ago

calvintaneng

Batu Kawan boom time and land prices now Rm2 millions to Rm3 millions per acre

Kerian Industrializing fast as it is near and cheap

land prices only 3% to 5% compared to Batu Kawan

Mkland will benefit

https://www.malaymail.com/news/malaysia/2024/12/07/us-china-tiff-triggering-ai-tech-gold-rush-in-malaysia-that-could-help-it-beat-middle-income-trap/159137

3 weeks ago

singkalin

Gold mine with clueless Board of Director.
They don`t have direction in business.

2 weeks ago

nemesis

Finally Nemesis is Back to take Mkland by its horns...it is time to witness the sleeping giant awaken soon...LSS5 winners as reported will be announced beginning Monday so it is time to aggressively acquire Mkland at steep discount now...Nemesis Rules!

6 days ago

nemesis

0.30 long awaited target price will become a reality soon...As expected Mkland should win massive Floating Solar farm project from the LSS5 bidding...take a look at Tanco which quarterly fin results are weak but its share price has climbed from 0.30 to 1.80 in just one year period ...So could this happen to Mkland???

6 days ago

nemesis

At 0.185 Mkland is dirt undervalued to its assets n land and all the coming Solar Projects...Reiterate BUY!!!

6 days ago

singkalin

Sure boh. Last qtr financial MK Land Solar still loss RM235K although in operation since 2023.

6 days ago

nemesis

11MW output from its kerian solar farm is too small to channel profit...Mkland needs at least 500MW in total to create deep impact to its Solar earnings...So lake Floating Solar farm is the answer to this calling to channel huge recurring income to MKland...I believe they might secure more than 300MW from the LSS5 to solidify mkland as a prominent Solar player in the RE industry...

6 days ago

nemesis

Lets hope that more ikan bilis will dump Mkland at 0.18 tomolo...

6 days ago

nemesis

It is time to acquire MKland aggressively as LSS5 results will be announced beginning next Monday...I predict a huge win for Mkland tis time as it has huge landbank for Solar farm projects...it is a game changer for MK as the future steady recurring income from its Solar division should boost profits for many years to come...

4 days ago

nickyeo55

Nemesis look like Mkland not getting any LSS5 project .

4 days ago

nemesis

Mkland is likely to win a smaller portion under the category 1 or 2...lets wait for more info next week...

3 days ago

nemesis

To me the biggest intrinsic value is found it its 4000 acres of landbank in Northern Perak that can be developed as industrial park...cos this big tract of land should get spillover effects fm KIGIP and MK should prosper if China or US companies set up new industrial space in Northern Perak due to the trade war between China and US...

3 days ago

nemesis

Mkland is sitting on a future Gold mine...the value of this 4000 acres is set to rise further due to the industrialization of Northern Perak as the cost of industrial land in Penang n Kedah has become too expensive...

3 days ago

nickyeo55

Nemesis
I personally feel that Mkland is not capable of doing the LSS5 project . Is good not to get it . Let them focus on construction n sales of land . Management team is very very weak all this time . They should look into this matter seriously

3 days ago

nemesis

Pls don't speculate Nick...LSS5 winners partially announced from the Category 3 n 4...Category 1 and 2 not revealed yet...Yes property is always more lucrative than Renewal Energy ventures...Landowner is the biggest beneficiary...Weak management at 0.50 is of course Overvalued BUT weak management at 0.185 share price is totally Undervalued...the entry price in relation to its underlying values will determine whether that investment is profitable in the long run...

3 days ago

nemesis

More China companies will relocate to Malaysia due to the intensified trade war next year with the US...Industrial property is set to boom and the focus is on Northern Perak as KIGIP is located there...

3 days ago

dasan784

Thank god we are no longer going to be trapped by lies and guess work. The news speak for itself. Some people think mkl will get 300MW but 😩 no such thing! You can wait Monday but nothing will happen. Principles are important it end August to touch rm0.30 or i will get lost from this forum forever 😂. Now back to take Mkl by its tail not the horn😏. A real joke friends.

3 days ago

nemesis

Rileks Dasan, MK's value doesn't just based on its RE venture in fact that is the least of its entire net worth...We are interested in its 4800 acres of land in which the share price is trampled down at 0.18 and that spark buying opportunity as it is deeply undervalued...I understand ur feelings as u failed to earn money on this slow counter...But ur time will come one day, u just need patience to persevere when its share price is doomed...even if MK fails to win LSS5 project, it doesn't decrease it's land value...its RNAV is above 2.00 per share while the share price is just 0.18 indicating that is totally mispriced...

3 days ago

nemesis

Who would have discovered Tanco which was trading at just 0.30 a year ago, skyrocketed to nearly 2.00 per share after it won Ai Port project in Port Dickson...To me the major catalyst that could lift up Mkland tremendously lies in its plans to develop industrial properties in Northern Perak...they have identified 2300 acres of land for that purpose, in due time that major project should be unveiled in the future...

3 days ago

dasan784

Nemesis
I concurr with you BUT don’t expect it soon. Might take a couple years. The so called land are deep inside without proper access. I also believe that it is a lease hold otherwise big big property developers would have made a beeline to buy land from mkl. Study deeply before making sweeping statements that could trap innocent Ikan bilis buyer.

3 days ago

nemesis

No worries Dasan, they have identified the exact landbank to develop industrial park just hope that they expedite the project planning...at 0.18 the price will never go wrong as it is totally battered and trampled wayyyyyyy below its Net Asset Value...LSS5 project if they manage to secure package 1 or 2 is a bonus...otherwise Mkland is still undervalued with or without LSS5...

3 days ago

singkalin

🤭🤭🤭🤭
With this useless board of directors, I sincerely hope so.

2 days ago

nemesis

Next week shall know whether Mkland managed to secure package 1 or 2 from the LSS5...

2 days ago

dasan784

Nemesis secara jujur saya berkata jika you dilantik ahli lembaga mkland, hari ini akan terus naik RM0.30 dalam masa 6 bulan akan melonjak Ke rm0.50. Minta pengurusan mkland prihatin kpd para pemegang saham mkl.

2 days ago

trader5

@singkalin Yes you are right, in the sense of Directors and Management Team aggressiveness to bossy their business. Hopefully they will find good management team, to capitalise and work on their high value land. I have read their full list of landbanks, very attractive, which located somewhere in Sg. Buloh.

@nemesis You are also right. Their assets are worth double than current value. Just look into some of their revalued land, immediately got double. It explains why despite of low profitability, their value of NTA is keep on increasing.

I have increased my stake in this counter yesterday. Thinking of increasing it further soon (This is not buy-call).
Since u sounds like an experienced investor, do u have access to reach to the directors and get clarity of their future plan?

2 days ago

dasan784

Trader5
Excellent write up which can boost investor confidence. Thank you for undertaking to buy more mkl shares. 👍

2 days ago

nemesis

In 2014, PublicInvest estimated MK's remaining landbank in Damansara Perdana alone is worth 1.4 billion...that was 10 years ago yea...So how much do you think it is totally worth after 10 years later...Here we are just counting the 190 acres of land in Damansara Perdana, we haven't even touch its 4000 acres in Northern Perak and others in Kedah and Selangor Taman Bunga Raya...Now you go find their Land Held For Development under Non Current Asset is stated ard 750-780 mil that is based on book value the land was acquired long long time ago...If you have to dive deep into serious math, Its RNAV if revalued to current land value could sit nearly at 3.00 per share contrasting its share price of just 0.18....What a joke! How could it be so battered n trampled down????

2 days ago

nemesis

It seems that Mkland is the only property counter listed in Bursa that has massive landbank which is still trading under 0.20...i bet you all u will NEVER find any other counter that is so battered which still own huge tract of undervalued landbank trading below 0.20...So what is wrong with Mkland, let us dive deep into it to solve the problems...

2 days ago

trader5

@dasan784 Do not follow my game plan. I am willing to keep stock for more than 3 years, if I think it has underlying potential in the company. For short/middle term player, you might want to look into stock like mstgolf, lotus & binacom. These counters almost hit the rock bottom and waiting for time to rebound.

2 days ago

singkalin

Bro. Me trap here for 6 years already.

2 days ago

trader5

@nemesis

You must be analysing the company very well. I did some thorough analysis as too, before keep on increasing my stake over here.

Go to 2023 Annual Report, Page 152. Their recently revalued land in Mukim Sg Buloh (revalued in 2023) worth average RM 8-10 Millions per acre.
The rest of their land in same area, valued in 1999/2000, only worth RM 1M per acre. As the revaluation exercise goes on, the NTA keeps on increasing.

Above is just one of the example. Browse through the rest of their assets, just wow! They are safe just because of the family is controlling 48% of the shares. If not, I believe many tycoons out there are aiming to takeover this company 😂

In my opinion, they have the strength in terms of assets, but lacking in terms of business growth appetite and less ruthless for their non performing business.

I think they should divest the education and leisure arms, and put serious focus in RE sector, because it is clearly where the future lies and align with gov policy to move towards net zero carbon ambition.

2 days ago

dasan784

Trader5
Noted on your comments and advice. Tq

1 day ago

nemesis

Trader 5
From your highlighted analysis on their revalued Damansara landbank in 2023, it is suffice to say that it's remaining 190 acres of land in DP should worth more than 2 bil...to my guesstimate, its total value for its 4800 landbank should worth around 4-5 bil by now...Asset rich but earnings weak...they must embark on a corporate exercise to unlock their Land assets...

21 hours ago

nemesis

One best way is to list Emkay Group to unlock Mkland underlying assets...

20 hours ago

nemesis

The clock is ticking pending the LSS5 winner results...So far only TNB, Samaiden and Gadang have been announced as winner...Hopefully Mkland is part of the selected winners...

9 hours ago

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