THE MASSIVE BUKIT DAMANSARA NEW TOWN CENTRE PROJECT BY THE PAVILION-CANADIAN PENSIONS FUNDS WILL BE VERY IMPRESSIVE AND A GREAT SUCCESS. (SUPPORTED BY GREAT LOCATION AND EXCELLENT PUBLIC TRANSPORT WITH SEVERAL MRT STATIONS IN ITS VICINITY.
THIS WILL CONTRIBUTE TO THE SUCCESSFUL BUSINESS OF MALTON, THE IN-HOUSE MAIN CONTRACTOR. EARNINGS VISIBILITIES FOR THE NEXT FEW YEARS WILL BE GOOD

THE MEGA CONSTRUCTION CONTRACTS FROM ITS PARENT PAVILION GROUP FOR THE 2ND PHASE OF THE STRATEGICALLY LOCATED BUKIT DAMANSARA NEW TOWN CENTRE PROJECT TO BE ANNOUNCED SOON.
FULLY SUPPORTED BY THE CANADIAN PENSIONS FUND WHICH INJECTED RM485M CASH INTO THIS PROJECT.

RIGHT TIME AND GOOD PRICE (VERY UNDERVALUED) TO BUY.
MANY CATALYSTS IN THE NEXT FEW WEEKS TO BOOST SHARE PRICE UP
1) DIVIDEND ANNOUNCEMENTS HAD ALWAYS BEEN DURING OCTOBER
LIKELY HIGHER DIVIDEND DUE TO REASONS BELOW
2) RM50M RECEIVABLE FRO ECOWORLD SOON AS REVOCATION FEE FOR THE BATU KAWAN PROJECT.
CAPITAL GAIN RM36.8M PLUS REDUCTION OF BORROWINGS BY UP TO RM170M AS ECOWORLD WILL PAY OFF THE RELATED FINANCING.
3) NEW/ADDITIONAL MULTI-BILLION CONSTRUCTION CONTRACTS (IN-HOUSE FROM PARENT PAVILION GROUP) FOR THE 2ND PHASE OF THE BUKIT DAMANSARA NEW TOWN PROJECT (PROGRESSING VERY WELL)

ALL THE ABOVE = IMPROVED FUNDAMENTALS AND CASH INFLOWS = HIGHER PROFITS FOR ITS NEXT QUARTERLY RESULTS

Invest-101. AGREED WITH U THAT ITS QUARTERLY RESULTS CAN BE CATALYSTS BUT ONLY IF THEIR PROFITS CAN IMPROVE. DUE TO ITS 2 YEAR IMPAIRMENT PROGRAMME OF RM1.7B ITS 1Q N 2Q PROFITS FOR CURRENT YEAR IS ALREADY DOWN BY 50%. HENCE ITS NEXT FEW QUARTERLY PROFITS WILL BE DOWN DEPRESSED BY ITS CONTINUING IMPAIRMENT.

EXPRCT ITS CURRENT CONSOLIDATION PHASE TO CONTINUE.

AGREED WITH ABOVE EARLIER COMMENTS THAT " final show still far away". TIES UP WITH MY TIMELINE "UP TILL 1Q2018" (based on public announcements via BURSA). HENCE MY STRATEGY TO SLOWLY BUY ON PRICE DIPS DURING ITS CURRENT CONSOLIDATION PHASE (triggered by its loan assets impairment provisioning programme and due to the many economic n political uncertainties like USA INTEREST RATE HIKE DECISION ON22/9, USA PRESIDENT ELECTION ON 8/11 N BERSIH 5 DEMO ON 19/11)

I ALSO DONT'T KNOW ABT ANY NEWS ON 21st.
ONLY KNOW THAT ITS BAD DEBT IMPAIRMENT PROGRAMME OF RM1.7B WILL CONTINUE TO HIT ITS PROFITS UNTIL THE 1Q 2018.
AND THAT APPLICATION FOR AN ISLAMIC LICENCE IS NOT A PRIORITY UNTIL AFTER ITS IMPAIRMENT HAD BEEN COMPLETED.
HENCE STILL GRADUALLY BARGAIN HUNTING IN SMALL QUANTITIES,i.e. BUYING ON DIPS TO AVERAGE DOWN PURCHASE PRICES WITHIN ABOVE TIMELINE.

DISAPPOINTED THIS 1st HALF YEAR NO INTERIM DIVIDEND (unlike last year 1H)
GOT TO WAIT UNTIL NOVEMBER FOR 3Q RESULTS) TO SEE IF ANY INTERIM DIVIDEND FOR THIS YEAR

INCREASED VOLUME WITH MORE BUYERS THAN SELLERS ARE GOOD SIGNS.

LOTS OF POSITIVE NEWS COMING. HENCE PRICE TODAY UP

SURELY DESMOND/PAVILION GRP WILL KEEP THE VALUABLE CONTRACT IN-HOUSE AMD AWARD IT TO MALTON TO RETAIN THE CONTRACT REVENUE WITHIN THE GROUP.
ALREADY THE DEMOLITION AND INFRASTRUCTURE CONTRACT RM703M WAS AWARDED IN THIS WAY.

INTERESTING COMMENTS BY THE 3 OF YOU.
CHEERS US UP IN A RATHER BORING MORNING SESSION

info obtained from Annual and Quarterly Results Reports as well as its announcements to Bursa

U SHOULD RESPECT OTHERS RIGHT TO DISCUSS N SHARE THEIR VIEWS. U DONT HAVE TO JOIN IN. ITS YOUR RIGHT.

NOT DIRCECTLY. WHAT WR FEAR IS THAT A TRUMP PRESIDENCY CAN DERAIL
OUR WORLD ECONOMY DUE TO THE VARIOUS DISRUPTIVE
POLICIES WHICH HE THREATENED TO ADOPT N EHICH WILL
UNDERMINE WORLD TRADE. THIS WILL CAUSE A GLOBAL
RECESSION HITTING ALL STOCK MARKETS.
STILL 2 MORE MONTHS TO USA ELECTION. ALSO HE
MAY NOT WIN. BUT WHAT IF HE DOES!!!

AGREED THAT THERE ARE ALSO MANY POSITIVES IN TRUMP.

WHAT I AM WORRIED ARE HIS DISRUPTIVE POLICIES IN THE WORLD TRADE

U MAY HAVE A POINT THERE. BUT U CAN'T REALLY TELL WHEN IT COMES TO MASS DEMOS.
MAYBE U CAN LOOK AT CNN, CNBC, NYTIMES ETC TO GET MORE COMMENTS ON TRUMP'S ECONOMIC POLICIES. A NOBLE LAUREATTE PRIZE WINNER SAID THAT TRUMP'S ECON AND FOREIGN POLICIES ARE SO DISRUPTIVE THAT IT COULD CAUSE A SEVERE GLOBAL RECESSION.
AND TRUMP IS NOW OVERTAKING HILLARY IN OPINION POLLS ON WINNING THE ELECTION. SCARY POSSIBILITY. AS WE GO NEARER TO NOV 6, WE NEED TO DO A FINAL ASSESSMENT OF A LIKELY TRUMP PRESIDENCY. IT MAY BE VERY PRUDENT TO EXIT THE STOCK MARTS. ONE GOOD FELLOW SAID "ITS CRITICAL FOR OUR FINANCIAL WELL BEING NOT TO BE EXPOSED TO THE CONSEQUENCES OF A TRUMP PRESIDENCY. NOT WORTH THE RISKS. INSTEAD WE SHOULD HAVE CASH RESERVES TO TAKE ADVANTAGE OF ANY SEVERE STOCK MART CORRECTION TO BARGAIN HUNT FOR BLUE CHIPS SELLING AT DEPRESSED PRICES". A SURE WAY TO MAKE LOTS OF MONEY.

MALTONS SHARE PRICE WILL CLIMB UP.
STRONG FUNDAMENTALS . PROPERTY PROJECTS VERY SUCCESSFULLY SOLD. EG, BUKIT JALIL PROJECT GREAT SUCCESS.
CONSTRUCTION ARM ALSO GOT GOOD CONTRACTS ESP THOSE INHOUSE ONES. EG. BUKIT DAMANSARA NEW TOWN CENTRE PROGRESSING SMOOTHLY.

RM50M CASH COMING FROM ECOWORLD AS REVOCATION FEE. CAPITAL GAIN RM36.8M WHICH WILL JUMP UP NEXT Q PROFITS

BESIDES THE 3 SEN NORMAL DIVIDEND WE CAN BE REWARDED BY AN ADDITIONAL SPECIAL DIVIDEND, SHARE PRICE WILL THEN FLY UP
DIVIDEND ANNOUNCEMENT NEXT MONTH

WAITING FOR 3Q RESULTS IN NOVEMBER

HENCE BOUGHT A BIT AND RESERVE SOME CASH TO AVERAGE DOWN AT THE OPPORTUNE TIME.

AGREED THAT CHINA ECONOMY IS VERY IMPORTANT TO ASEAN ESPECIALLY TO MALAYSIA. BUT THIS WHY I AM WORRIED THE ECONOMIC DAMAGE THAT A "PRESIDENT" TRUMP CAN INFLICT ON CHINA AS HE HAD THREATENED TO TAKE DRASTIC ACTIONS ON CHINA YUAN CURRENCY WHICH CLAIMED IS BEEN MANIPULATED N KEPT ARTIFICIALLY LOW AT THE EXPENSE OF USA ECONOMY. AND HE HAD THREATENED TO IMPOSE PUNITIVE TARIFFS ON CHINESE EXPORTS, RENEGOTIATE TRADE AGREEMENTS, ETC.
HENCE THE NEGATIVE IMPACT OF A TRUMP PRESIDENCY CAN HIT WORLD TRADE AND THE GLOBAL ECONOMY HARD.

U ARE RIGHT TOO.
JUST NEED TO CONSIDER ALL FACTORS WHEN INVESTING

NIBBLING SOME SMALL QUANTITIES ONLY.

DUE TO WORRIES OVER BERSIH MEGA RALLY IN NOVEMBER AND US ELECTIONS ON 8 NOVEMBER (ECON NEGATIVES SHOULD TRUMP WINS)

OBSERVATIONS
=============
NOTICED THAT YESTERDAY'S PRICE CORRECTION INTENSIFIED IN THE LATE AFTERNOON

RANGED TRADING FROM 0.81 TO 0.90 HAPPENED SEVERAL TIMES OVER THE LAST 1 MONTH. ALSO INDICATED ITS SUPPORT AND RESISTANCE LEVELS

MAYBE SAFER TO TRY IN SMALL QUANTITIES AND DO AVERAGING

WHY SUCH A DRASTIC DROP?

SHARE PRICE MOVEMENTS BECOMING ERRATIC AND VOLATILE RANGING FROM 0.90 TO 0.865 INTRADAY.
NOT EASY TO FIND THE RIGHT ENTRY PRICES

BIG COST ADVANTAGES WHEN BECOME A LICENSED ISLAMIC OR COMMERCIAL BANK AS IT WILL THEN BE ABLE TO ACCESS MUCH CHEAPER FUNDS FROM THE INTERBANK MARKETS. ITS PROFITABILITY WILL THEN INCREASE DUE TO LOWER COSTS AND THEREFORE BIGGER SPREADS
Eg. Look at Bank Islam (share price is now 4.03)

UNWINDED MY POSITION (WITH A SMALL PROFIT) IN TROP AS EXPECTED INTERIM DIVIDEND NOT FULFILLED. CAN SWITCH SOME FUNDS OVER TO MBSB

ITS IMPAIRMENT PROGRAMME IS NOW WELL KNOWN FACT ACCEPTED BY INVESTORS THAT IT A TEMPORARY NECESSITY BUT WILL BECOME A LONGER TERM POSITIVE AS IT WILL ENHANCE ITS ASSET QUALITY AND STRENGTHEN ITS FUNDAMENTALS

MBSB CAN ALWAYS OPT TO OBTAIN ITS OWN ISLAMIC BANKING LICENCE. RAISING ITS ASSET QUALITY STANDARD IS THE RIGHT STEP IN THIS DIRECTION

RECENTLY LAUNCHED ITS SHARIAH COMPLIANT FUND WHICH IS ANOTHER CORPORATE ACTION TOWARDS ITS POLICY OBJECTIVE TO BECOME AN ISLAMIC COMMERCIAL BANK

A REVIEW AND UPDATING
======================
SEEMS ITS SHARE PRICE HAD BOTTOMED AND CONSOLIDATED WELL . STARTING ITS PRICE UPTREND BASED ON SEVERAL CATALYSTS INCLUDING :-
1) ITS IMPAIRMENT PROGRAMME WHICH HAD REDUCED ITS PROFITS IS NOW ALREADY
WELL KNOWN IN THE MARKET AND ITS IMPACT HAD BY NOW ALREADY FACTORED
INTO ITS PRICE
2) INVESTORS NOW REALISED THAT ITS PROFITABILITY( ALTHO REDUCED BY ITS
IMPAIRMENT) HAD ALREADY TURNED AROUND WITH ITS 2Q PROFITS OF 63M MUCH
HIGHER THAN ITS PRECEDING 1Q OF 35M. LIKELY TO SEE INCREASING SEQUENTIAL
PROFITS FOR ITS 3Q AND 4Q
3) IN 2013 IT ANNOUNCED ITS 3Q RESULTS ON 22ND OCTOBER AND DECLARED A 5 SEN
INTERIM DIVIDEND.
AS AT 30/6/2016 ITS BALANCE SHEET CONFIRMED ITS RETAINED EARNINGS OF
RM602M. IT CAN AGAIN ANNOUNCE ITS 3Q RESULTS NEXT MONTH AND EASILY
DECLARE AN INTERIM DIVIDEND( SINCE ITS RETAINED PROFITS IS HUGE). THIS WILL
THEN BE VERY POSITIVE NEWS

skliew have valid points. agrees that Malton have both short term and long term prospects which will support its share price uptrend

WE SHOULD FOCUS ON THE NEAR TERM POSITIVES LIKE THE COMING DIVIDEND ANNOUNCEMENT AND THE RM50M CASH ITS RECEIVING AS REVOCATION FEE FROM ECOWORLD. 2 BIG CATALYSTS TO DRIVE UP ITS STOCK PRICES

DIVIDEND ANNOUNCEMENTS IN OCTOBER WITH EX D DATES IN DECEMBER

malton's Effective DY is much higher as u gets your D in 3 mths time

CAN COMPUTE ITS DIVIDEND YIELDS BY SAY 3 SEN AND 4 SEN OVER ITS CURRENT PRICE.EFFECTIVE YIELDS ARE EVEN HIGHER

VERY ATTRACTIVE COMPARED TO BANK FD

currently having technical problems in logging in my comments

YOUR POINTS ACCEPTED
U ARE RIGHT. WAS ACTUALLY COMMENTING ON MALTON EARLIER BASED ON ITS HIGH DIVIDEND YIELD

my apologies

my above comments was meant for another stock
but I selected a wrong stock for my comments

BEST DIVIDEND YIELD

ONE OF THE BEST STOCK TO INVEST IN NOW

one of the best stock to invest in now

AGREED. THE BIG INCREASE IN 4Q PROFITS OVER THE PRECEDING 3Q IS ALREADY EVIDENCE THAT THE QUARTERLY PROFITS ARE IN A SIGNIFICANT UPTREND. (4Q 22M AGAINST 3Q 4M)
WE WILL SEE A BIGGER JUMP IN PROFITS IN THE COMING 1Q OF ITS NEXT FINANCIAL YEAR WITH THE INCLUSION OF CAPITAL GAIN OF 36.8M (FROM THE 50M CASH RECEIVABLE FROM ECOWORLD AS REVOCATION FEE).

TRADITIONALLY MALTON ANNOUNCES ITS 1ST AND FINAL DIVIDENDS IN OCTOBER EACH YEAR.
BASED ON ITS STRONG FINANCIALS IT CAN GIVE AT LEAST 3 SEN. MAYBE WE GET REWARDED WITH A HIGHER D THIS YEAR.

SUMMARY
========
NTA 1.65
CASH AT BANKS AND FD 98M
RETAINED EARNINGS 268M

JUST STATING THE FACTS.

I AM ONLY INVESTED IN THE MOTHER SHARE BCOS ITS PAR VALUE IS RM1. NTA ABOVE RM1.50. FINANCIALLY SOUND GROUP. ALL HOUSING PROJECTS N ITS CONSTRUCTION CONTRACTS DOING WELL.
CONSISTENTLY PAYING AT LEAST 3 SEN DIVIDEND. COMING SOON.
RECENT IMPORTANT EVENT IS ECOWORLD IS BUYING OUT ITS DEVT RIGHTS IN PENANG
JOINT VENTURE PROJECT N MALTON WILL RECEIVE REVOCATION FEE RM50M CASH PLUS
HAVING ITS RELATED FINANCING 92M
PAID OFF. BIG FIMANCIAL GAINS

MOTHER MALTON VERY UNDERVALUED BUT I AM NOT IN ITS WARRANTS. ALTHO WHEN MOTHER PRICE GO UP ITS WARRANTS WILL ALSO GO UP. BUT NEED TO STLUDY ITS EXPIRIY DATE N ITS GEARING N CONVERSION TERMS
BUT 1 DISADVANTAGE . NOT ENTITLED TO DIVIDENDS

MINIMUM 2 YEAR IMPAIRMENT (provisioning for bad debts) AMOUNTING TO RM1.6B MEANS THE NEXT 2 QUARTERS RESULTS N ITS FULL YEAR PROFITS WILL CONTINUE TO BE HIT.
IMPAIRMENT DURATION N ITS LOAN WRITE DOWNZ CAN BE EXTENDED N INCREASED IF ECONOMY WORSEN.
DIRECTORS HAD IN ITS BRIEFINGS N ITS FINANCIAL REPORTS THAT APPLICATION FOR AN ISLAMIC BANKING LICENCE IN NOT A PRIORITY IN THE NEXT 2 to 3 YEARS.
ANYWAY ITS 3Q RESULTS IS 3 MONTHS AWAY
LACKING CATALYSTS NEAR TERM

HENCE SHARE PRICES LIKELY TO PRESSURED IN THE NEXT FEW MONTHS WITH A NEGATIVE BIAS

SIGH !!!
ITS MORE IMPORTANT TO CONSIDER ITS FUNDAMENTALS ESPECIALLY ITS BUSINESS GROWTH N ITS FINANCIALS INCLUDING ITS ABILITY TO PAY DIVIDENDS CONSISTENTLY.

SHOUD REMEMBER THAT ITS HIGH END PROJECT IN BUKIT JALIL WERE SOLD OUT DUE TO ITS STRATEGIC LOCATION. ITS CONSTRUCTION ARM IS ALSO DOING WELL INCLUDING SATISFACTORY PROGRESS IN ITS RM783M BUKIT DAMANSARA NEW TOWN CENTRE CONTRACT FROM THE PAVILON GRP.
MOST IMPORTANT TO NOTE IS IT WILL BE RECEIVING RM50M CASH AS REVOCATION FEE FROM ECOWORLD WHICH WILL ALSO SETTLE THE RM94M BANK LOAN.
THESE ARE THE MORE FACTORS TO CONSIDER.
ALSO WE COULD BE GETTING A PLEASANT SURPRISE WITH DIVIDEND PAYMENT OF MORE THAN 3 SEN

AGREED WITH HNG33. WHILE ITS 2 Q RESULTS WERE IN FACT BETTER THAN ITS 1QM ITS SHARE PRICE DIPPED AS SOME PUNTERS "SELL ON NEWS"
ITS SHARE PRICE WILL STEADY BACK AS IT IS SUPPORTED BY STRONG FUNDAMENTALS.
ITS NEXT CATALYSTS WILL INCLUDE POSITIVE NEWS FLOWS FROM ITS SALE OF JB LANDS FOR RM659M AS WELL AS DIVIDEND ANNOUNCEMENTS

SOMETIMES IT IS HARD TO BELIEVE THAT THERE ARE SUCH NAIVE PEOPLE THAT A SMALL COMMERCIAL ACCIDENT CAN CAUSE SOMEONE TO PANIC SELL HIS SHARES.

WHILE WE SYMPATISE WITH THE VICTIM AND HIS FAMILY OVER THE UNFORTUNATE ACCIDENT, THE FINANCIAL IMPACT IS INSIGNIFICANT AS ALL WILL BE TAKEN CARE OFF BY THE INSURANCE COMPANIES, INCLUDING FINANCIAL COMPENSATION FOR THE VICTIM'S FAMILY.