Malton is already running into deep troubles, it's just hiding negative real data. Properties launched at high end price range are only supported artificially and internal bosses groups. Nothing more than that so the sales or strong take up rates as reported are not real demand but made up to show to public a bright image and perceptions. Banks don't even want to lend out money into these kind of high end segment residential or commercial loan applications. When Malton's earnings hit a real big drop after bosses cannot tahan, be prepared to see how bubble burst.
Stock: [MALTON]: MALTON BHD
2017-10-13 12:16 | Report Abuse
Malton is already running into deep troubles, it's just hiding negative real data. Properties launched at high end price range are only supported artificially and internal bosses groups. Nothing more than that so the sales or strong take up rates as reported are not real demand but made up to show to public a bright image and perceptions. Banks don't even want to lend out money into these kind of high end segment residential or commercial loan applications. When Malton's earnings hit a real big drop after bosses cannot tahan, be prepared to see how bubble burst.