KLSE (MYR): AVALAND (5182)
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Last Price
0.32
Today's Change
+0.005 (1.59%)
Day's Change
0.31 - 0.325
Trading Volume
2,034,500
Ann. Date | Date | Type | Name | Title | View |
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We just hope Avaland will venture into Data centre development just like Mahsing...
2024-06-07 01:52
It is time to Skyrocket as Property Recovery turning into boom is near...Avaland is catching up
2024-06-10 14:10
Big property counters with big land banks riding on DC wave. Ecoworld , YTL , IOIP, Sime or Mah Sing riding the DC wave. Small caps with limited land banks hard to play the DC wave
2024-06-11 14:05
HLIB calling a buy on the big cap property counters. Sunway , IOIP or Sime darby that may or benefit from the relaxation MM2H program. Not the small cap counters.
2024-06-19 17:01
Avaland is developing high end too...High end properties will be on high demand soon...
2024-06-19 18:52
Mundane affair. All resolution passed. Directors reelected , auditors reappointed, no issue raised
2024-06-20 17:44
Almost there {32 sen }at the lower end of the chart. DJ drop 299 points. Tech heavy Nasdaq up. Mixed market signals.
2024-06-26 07:52
Rebound is on the way...at 0.35 it is trading at a huge discount to its future earnings which is expected to increase in coming financial quarters
2024-07-01 09:46
Trending upP...Ayala Land will surely transform Avaland from a small cap developer to be one of the largest developers in Msia...Strong management team coupled with sheer determination to always be the best...I have full confident in their powerful management and leadership from the Philippines...This is easily a 1.00 stock in 2-3 years to come...Reiterate BUY!
2024-07-04 01:37
KUALA LUMPUR (July 30): Avaland Bhd (KL:AVALAND) topped out Alira Subang Jaya, a serviced residence in Tropicana Metropark, Subang Jaya, which has achieved a 95% take-up rate, on Monday (July 29), according to a press statement on Tuesday.
https://theedgemalaysia.com/node/720923
2024-07-31 17:12
might as well say 0.17 :p With the P/E of 4.63 (compared to Mahsing, P/E of 20, or SP Setia, P/E of 10), Avaland is undervalued
2024-08-28 00:59
Actually, the problem with Avaland is due to our own fellow Avaland investors themselves, as long as we have fellow investors willing to take quick few % profits, or worst cut loss, the share price will hard to appreciate. Don't say Mahsing etc in the property area, plenty of other shares in KLSE that doesn't make sense or justified with high PE, but people keep buy into them, and eventually get burned like the recent tech crash.
With the latest unbilled sales of 950m locked, 1H new property sales of about 470m, Avaland is on track to finish 2024 with ~900m new sales for the year, supporting consistent EPS of 1.5-1.7 per share, reducing finance charges, improving cash flow and net cash per share to eventually possible dividends 1 year+ later, but these are long term goals, and I really doubt most of the investors look at such horizon anymore.
2024-08-28 09:01
Having said that, there are some positive indicators if you study the top 30 shareholders.
We start to have more big names, international funds buying in, one of the MCT founders Berry Goh have already reduced his shares YoY, and maybe disposed all already by now, another MCT founder Tong could be the only source of 'big sales' pressure only.
What could sustain the share price, and stage a long term rise would mostly depend on these 2 groups of large shareholders, if QoQ the financial performance is good, the funds may continue to increase their stake, buying out the retailers.
The fed rate cut may also contribute positively as well, as it will free up more funds from the US to be invested elsewhere, hopefully Malaysia can be the beneficiary of the inflow as well
2024-08-28 09:17
Avaland Berhad has received the TOP-OF-THE-CHARTS TOP 10 Award at the recent Malaysia Developer Awards 2024!
https://malaysiadeveloperawards.com.my/the-award-winners/2024/
1 month ago
Subang Jaya, 20 November 2024 – Property developer Avaland Berhad
(“Avaland”) sustained its positive momentum as the Group more than
doubled its net profit to RM68.2 million in the nine months period ended
30 September 2024 (“9M2024”) from RM28.5 million in the previous
corresponding period.
The improved bottomline was achieved on the back of 91.7% higher revenue
of RM664.4 million in 9M2024 against RM346.6 million in 9M2023. The
increase in revenue was mainly contributed by advanced construction work
progress from its ongoing projects coupled with commendable take-up of
recently launched projects, namely Casa Embun Phase 2, Amika
Residences, Aetas Seputeh and Anja Residences & Signature Retail.
For the third quarter ended 30 September 2024 (“3Q2024”), Avaland
registered a net profit of RM25.4 million on revenue of RM231.5 million. As
a comparison, the Group reported a net profit of RM17.2 million on revenue
of RM156.2 million in the previous corresponding quarter.
1 month ago
Any idea whether Avaland is gonna announce dividend policy soon? With current unbilled sales of 986 mil as of end of Sept, that should provide strong earning visibility for 3 years to come...its parent company Ayala Land is a dividend company so hopefully Avaland will also share its profits as dividend with shareholders soon...
1 month ago
Avaland has already planned 1.5 bil launches next year 2025 so its total unbilled sales will continue its strong n sustainable growth moving forward...this is definitely a growth stock in the making now the only catalyst to propel the stock higher to align to its fair value is dividend declaration which I believe is possible given its strong growth...
1 month ago
Nemesis, for dividend to be declared, they will need more net cash from operations, don't forget this quarter is their first quarter with ~53m net cash from operations.
Moving on they shld be able to keep 50m+ net cash from ops per quarter, with 200m net cash from operations for fye2025.
Deduct 100m for land purchase, deduct 50m for net debt reduction, and I see some possibility for 20m in dividend payment?
Don't forget Avaland 9 months earning now is already the highest amongst all annual earnings in their 14 years of history! + The 4th quarter earnings, it will be highest annual earnings and highest ever net profit in total.
Record high earning, record high net profit! Shld be supported by record high share price :)
1 month ago
Also, for investors who're not aware
Avaland have about 250m aset in unfinished property development in their Skypark Cyberjaya project, their mall and tower 4 (hotel)
Previously, MCT wanted to keep these assets and operate for recurring income.
This two buildings just resumed back their construction, and should be finished by Dec or latest, I think by 1st Q 2025.
Let's see how their management is able to execute, I believe if they resume their works and want to finish the building construction, they should have a buyer/plan to operate the buildings.... if yes, that'll positively impact the income moving forward too.
This is something they've not widely shared though, and maybe of interest to you all.
1 month ago
Thanks for the Good analysis Val-Elta...I believe 2 sen per share annual dividend is in my guesstimate
1 month ago
Ayala Land is a well known largest developer in the Philippines...I m sure it will maintain its good reputation to share its profits with shareholders in all of its subsidiaries...
1 month ago
Avaland 9M2024 Net Profit More Than Doubles To RM68.2 Million
Net profit
=======
9Months2024 (RMm) 68.2
9Months2023 (RMm) 28.5
Growth +139.3%
Revenue
=======
9Months2024 (RMm) 664.4
9Months2023 (RMm) 346.6
Growth +91.7%
Apollo Bello Tanco (“Pol”), Chief Executive Officer of Avaland said, “The Group’s strong financial performance in the year to date is a testament of our team’s commitment to introducing high quality homes and with strong value proposition to the market.
The improved sales performance was driven by encouraging take-up for the Group’s ongoing projects, namely Aetas Damansara (100%), Phase 1 of Casa Embun (100%), Sanderling (100%), Alira Subang Jaya (97%) and Alora Residences (46%).
https://www.propertyguru.com.my/property-news/2024/11/212286/avaland-9m2024-net-profit-more-than-doubles-to-rm68-2-million
25 Nov 2024
3 weeks ago
Avaland partners MBSB Bank to incentivise first-time homebuyers of its green-certified projects
The statement also highlighted that Avaland recently reported its upward trajectory in the nine months ended Sept 30, 2024 (9M2024), with net profit more than doubling to RM68.2 million, compared with RM28.5 million in the previous corresponding period (9M2023), while revenue rose 92% to RM664.4 million in 9M2024, from RM346.6 million in 9M2023.
In the same period, Avaland’s property sales rose by 60% to RM683.7 million, fuelled by high take-up rates for ongoing projects. As of Sept 30, 2024, the company’s unbilled sales stood at RM964 million.
https://theedgemalaysia.com/node/738018
1 week ago
Avaland has one of the lowest P/E among all the listed property stocks currently...the next catalyst to move it higher is dividend policy declaration and launching more high end Condo...Its EPS is expected to increase significantly moving forward...
1 week ago
For individuals interested in exploring the competencies and capabilities of Avaland's parent company, the following Ayala Land 2022 Corporate video serves as an excellent starting point.
* 47 Estates
* 32 Ayala Malls
* 72 Office Developments
* 14 Hotels
* 3 Resorts
https://www.youtube.com/watch?v=VrjEWvmRY5o
4 days ago
Jonathan Keung
Lack of catalyst plus technical showing weak signals. MACD and RSI showing negative. Expect sideway trading for the near term
2024-06-05 08:56