m8829, Mind you, since they are sitting in multi billion value land in Damansara, they don't even need to do anything and sitting there shaking their balls while selling their land piece by piece, quarter by quarter, (not even taking into account that land price will appreciate every year) eventually you can get net cash of around RM2.00 per share as computed by our no.1 fan Nemesis !
Be reminded that this company has ZERO debt ! (yes ! I repeat ZERO debt !) & net CASH !
m8829, my last advice to you, dumb all your cash here and you won't regret for SURE !!

In the year of "kambing", MK Land sure "Kambing" (COMING !!) hahaha
m8829, project halted can be blessing in disguise, since they are not good in execute the development, might as well sell the project / land to Empire City to monetise their valuable land ??

No steam to run again ??

Nemesis, what you said earlier regarding its simplicity is very true !
No warrant, no cover warrant, no loan stock, no right issues etc in order to cheat / request more shareholder's money, or dilute your shareholding, and also incur unnecessary cost for those funny derivatives , just one and only MK Land share !
And yet every year giving handsome dividends DY almost 7% to shareholders !
I hope this tortoise with low and steady pace will win the race against arrogant rabbit eventually !!

MK land JV with Mamoth Empire in few projects already ...
This partnership reminds me of the merger between UEM Land & Sunrise few years back to form UEM-sunrise, one have many land bank and the other have expertise in property development !
Eventually the share price up many times !
I hope they can merge and become "MK-Empire" ! If that happens, Nemesis can opt for early retirement d ! Hahahaha

Sounds like many impatient traders got trapped in this counter and want to cry also no tears !

I plan to off load other shares and increase my holding on this company next week !
I see exciting moment ahead !

My speculation again :- they shall have corporate exercise with Mammoth Empire such as take-over or merger , as Empire is reputable for shrewd execution !
If this corporate exercise really materialize, all minority shareholder eg Nemesis will laughing all the way to Paris Hilton s concert party already !
Hahahahahahaha

Great news regarding the JV with Empire !
It said at least 82 millions entitlement for the next one year ! Or higher of 22% of GDV !
Meaning next one year sure showing profit on their account by this JV alone !
As I opined last time, they have value land bank but lousy in execution, they shall JV with this rising developer managed by Sean Ng to unlock their land value !
No wonder the share price show strong support recently !
May I suggest they also JV with Empire for 'the shire' project so that they won't screw up again !
(The bad news of the project got halted sounds like they screw up again !!)

No.1 supporter Nemesis , beat until dead also no run one !!
Hahahaha

Kenanga :- "Our valuation methodology has been switched to the more conservative PBV-driven method because RNAV plays are not as meaningful when the property market is sluggish. On that note, we are (i) trimming our FVs of the said stocks by 17%-58% which resulted in an across the board TRADING SELL call for all the stocks, and (ii) also CLOSING POSITION on them. "

Today, Kenanga has this to say :- "We recommend that investors take advantage of the current CNY rally to TOP SLICE the following counters; GOB, GLOMAC, GUOCO, IWCITY, MKLAND and SBCCORP, TITIJYA. "

They recommended dumping MK Land etc in CNY rally ....
What do you think ?

Past few uptrend are all halted by Kasi, if you still remember !
Hope he behaves himself this time !!

I also hope "Ini kali lah" and "Kasi jangan datang lagi"
Hahaha

Seems like can go all the way to 0.45, as all S Q are weak !!

Good news, 0.425 big sell Q all sapu !!

Jiat Lak lah !
This counter seems to hover around 40-41 cents and can't break through !!

Or maybe strong Buy Q at 0.42 all from Nemesis ? Hahaha

Early somebody here said got corporate exercise ? source from bank ?
Any idea ?

Yes, very strong buying Q at 0.42 !! Haven't seen this for ages ! something might be brewing !

Jiat lak lah ! This counter cannot move one !
All shareholder especially Nemesis wants to cry also no tear !

Gong Xi Fatt Choy ,
Ang Pow Na Lai !!!
Huat ah Huat ah HUAT HUAT HUAT !!!!

Hope that foreign funds can wallop BJ Corp all the way to RM1.00 ! Then we can order abalone meal for CNY reunion dinner !!!

The more I check the price of this stock, the more I am frustrated !!
Even all other counters shoot UP 100% - 200%, this counter only up 0.0000000000000000001 %
hahahhahaha

last time I listened to Calvin Tan Research House and buy BJ Corp at 50 cents, thinking can celebrate CNY with abalone meals ...
but now looks like makan roti canai and porridge for lunch / dinner ....
Jiat Lat Liao lah !!!!

m8829, true or not one ?
what is the details ?
Major shareholders want to take private ?

Everyday also 40 cents .... What else can shareholders make noise ?
In fact this is my average cost price ... Holding for 3 years still the same !! But of course in total I have received 7 cents dividend , the return still better than FD interest lah ....

CFO resign at last minute again ?!!!!!!!

If super bull comes for the next cycle in 2020, easily RM5.00, no joke !

normally result will be out end of month.... judging by their habits ...
as they are parent company, need to consolidate all other subsidiary / associate companies into one.
Hope that the CFF won't resign in the last minute like MOLG !
Then we all have to RUN for our lives then !
hahahahahaha

Nemesis, 5-10 years down the road, when MRT completed and crossing through their land, the market price for land in super prime area like Damansara Perdana will even go up more and makes MK land even much much more undervalue !!
RNAV can easily reach RM3.00 !

Put it this way, if the economics trend can be so accurately predicted by those so called "experts", they would have been multi trillionaires long time already rather than earning a living by giving economics opinions, right ?
Hahahahahaha

That is the reasons why investment game is so interesting and thrilling because virtually nobody on this planet can 100% predict what will happen next !!

"The phrase "double dip recession" was mentioned 10.8 millions times in 2010 and 2011, according to Google. It never came. The were virtually no mentions of 'financial collapse" in 2006 and 2007. It did come. A similar story can be told virtually every year "

Nick Murray once says ," timing the market is a fool's game, whereas time in the market is your greatest natural advantage."

in fact, I am here to promote MK Land :-
they have net cash & zero debt !
If recession hit malaysia next year, they will SURVIVE !!
They are good in selling low medium cost houses, the demand will be high during recession !

....and thousand ekars of prime land waiting to be developed or even to be sold to liquidated into fat cash !!
Very potential to be privatised by Mustapha Kamal (major shareholder) soon if the price keeps trading in dirt cheap ridiculous price !!

I was waiting for 0.30, but no luck also ...
But I never sold any single shares I hold for 3 years (average cost 40cts), since they keep giving dividends 2cts, 3cts, 4cts per annum for the past 3 years, the returns are better than FD interest, why sell ?

As old Warren used to say :- buy undervalue shares and keep them in the freezer and stay far far away from Bursa monitor everyday, ignoring everyday up and down heart attacking movement, then you will live a healthy life !

who knows 5 year later you open the freezer, you found that your stone has turn to a diamond !

Hahahahahahaha

Nemesis, few days ago, the guys who sold at 0.315 in order to buy cheaper, do you think he/she is a winner ?
hahahaha

Hard to say ... Nemesis ...
who knows one day this counter got suspended in the morning and Mustapha Kamal suddenly announced that :- "I offer to take MK Land private at RM1.00 !"
then who is the winner and who is the loser then ??
hahahahahaha

Some forumers here like to bullshit and contribute nothing :-
During bull market, they said :- "I am 100% invested !! I am the winner !"
During bear market, they said :-"I am 3% invested !! I am the winner !"

The truth of whether he win or not , only he and god know !
Aduk ! what for ?
Do you think if you do this people will worship you meh ?

Calvin Tan is very good ....
-
-
-
-

in talking cock !
... and nothing else !
hahahahahaha

If Kasi dumps share again, it will go down to 20 cts !

As i wrote earlier, BJ Corp hardly involve in Oil & Gas or CPO industry right ? they shall be immune !
They involve more in consumers, retail, auto, gaming, ... mostly perform well or resilient if recession hit malaysia next year !
am i right ?

If I can get spare cash, I DEFINITELY will "sai lang" all in MK Land at ridiculous 0.30 !!!

Take it easy, nemesis ! You are not alone !
Last week I heard many margin players "kena" until losing even their last under wear !!

Look at the positive side :- MK Land is in ZERO LOAN or NET CASH position !
If any recession / property crisis, they are the one who will SURVIVE !!
Since they are the "low cost developer king", which is recession proof products, they will DO WELL !
Remember last time during property down time in 2000-2003, MK Land performed brilliantly !! as they sells recession proof low-medium cost houses (maybe booming business in recession as more people have to sell high end houses to down grade !!)
Hope I am right on this one ! what do you think ?

I am more worry of those with high gearing developer !
Recession will kill them off from Bursa completely !!

For those who keeping tonnes of cash right now will be VERY HUAT to bottom pick all undervalue stocks !!

This Public Investment bank's write up always "cut and paste", "cut and paste"... repeat & repeat... keep telling the same story for the past 3 years already la...
yes , under value land bank in Damansara, they should sell in and get cash to distribute to shareholders lah !!

BJ Corp is even in top 2 volume today ... Good or bad ?

No need to attack each other here la ....Now all bursa investors "kena" until want to cry also no tears already ....
Black Christmas this year for everybody ....
No big fat turkey to eat but big ugly bones to chew ....

When oil price shoot up to 100 in the future, this idiot will tell opposite side of the story la ....
This idiot has zero knowledge of economic !
Leno, open your mouth and repeat word by word after me for the basic lesson :-
"supply, demand, supply demand, ....." x 100 times

hahahahahahaha

Most of their businesses expose to retail-sales, auto, consumer products, gaming, property etc... shall be immune from oil crisis, or in fact might be benefited with lower transport cost / material cost ? Gaming, consumer products are even recession proof business ...
why investors worry ?