sorry for error
CORRECT NAME is NETWORK FOOD INDUSTRIES

equity investments based on market tips n romours are very risky especially in current economic times. its much safer to rely on good financial, economic data n business prospects. such data must also be verifiable from real official documents like Annual Reports, latest quarterly results (including Balance Sheet'Assets n Liability figures), company announcemennts (via Bursa n Securities Commision) which will scrutinize them for for investors.

All the relevant financial reports n other data on PMCORP can
be verified from Bursa website by anyone.
Hence we can SAFELY RELY ON PMCORP's financials. It can be seen that PMCORP possesses strong fundamentals as evident from its huge cash holdings of rm143M (and inreasing via disposals of non-core assets), almost Zero borrowings)5 consecutive quarters of profitabilities), many sizeable properties purchased cheaply long ago which will be worth a lot more when revalued, and already operating a viable business with a simple to understand business model (FAST MOVING CONSUMER PRODUCT WITH HIGH PROFIT MARGINS DERIVED FROM CHEAPLY AVAILABLE DOMESTIC SOURCES OF RAW MATERIALS N SELLING VIA FAST MOVING OUTLETS REGIONALLY N INTERNATIONALLY.
IMPENDING POSITIVE CATALYTS:
1) 8 sen cash dividends
2) potential windfall when the company distributes its 64.959 Treasury shares
3) additionl almost RM10M cash when its share sale of its holdings in PMHOLDINGS eventuates

PLUS it's market positive strategy to change its corporate name to NETWORKING FOOD INDUSTRIES (with a possible potential upgrading to INTERNATIONAL NETWORKING FOOD INDUSTRIES to mark its business into the WORLD-WIDE MARKETS for its CHOCOLATES PRODUCTS).

(Note that if Guan Chong can do so well in its coaca business n attain a high share market price, PMCORP CAN ALSO ACHIEVE SUCH SUCCESSES OR EVEN BETTER.

BEST WISHES TO ALL EXISTING N POTENTIAL INVESTORSCIN PMCORP

HI, EVERYONE. A VERY HAPPY & PROSPEROUS CNY TO ALL OF U.

JUST CROSSED MY MIND. PMCORP IS A PUBLIC LISTED CORPORATION. AND ITS LISTED SUBSIDIARIES AND OTHER BERHADS ARE LEGAL ENTITIES, SEPARATE FROM TAN SRI KHOO AND HIS INTERESTS.
HENCE I AM A BIT CURIOUS HOW HIS DIVORCE PROCEEDINGS ARE RELEVANT IN OUR DISCUSSIONS ON PMCORP? THANKS

very positive signal. had broken the 1.01 resistance n remained above it the last one week. actually closed at 1.05 the last few days.
Uptrend firmly set for price to rally higher from next week until the announcemeng of its 4Q/full.year results by month.end. based on its huge unbilled sales ofcrm3.5B its results should be good. Trop's vast landbanks are all in Prime n Strategic locations in KL KLANG VALLY, SELANGOR N PENANG which enabled it to register good sales.

MOREOVER IT SUCCEEDED IN SIGNIFICANTLY SOLD ITS NON CORE ASSETS N BUSINESSES OVER THE LAST 2 YEARS ENABLING IT TO REDUCING ITS BORROWINGS / GEARING TO MUCH MORE COMFORTABLE LEVEL.

WE R OPTIMISTIC OF GETTING A FINAL DIVIDEND VIA A COMBINATION OF CASH PLUS DISTRIBUTION OF TREASURY SHARES.

GOOD LUCK N A HAPPY NEW YEAR

WORLD RENOW INVESTMENT GURUS LIKE WARREN BUFFET ADVISED SOME BASIC PRINCIPLES TO FOLLOW:
1) BUY WHEN ITS SHARE PRICE IS WELL BELOW ITS FUNDAMENTAL VALUE
2) THE COMPANY'S BUSINESS MODEL MUST BE EASY TO UNDERSTAND.
3) THE BUSINESS MODEL MUST BE VIABLE.
4) THE COMPANY/BUSINESS MUST NOT BE EXCESSIVELY OVERLY GEARED (NOT
BURDENED BY HEAVY DEBTS/BORROWINGS.
PMCORP HAS ALMOST ZERO BORROWINGS.

PMCORP FULFILS ALL THE ABOVE

WORLD RENOWN INVESTMENT GURUS LIKE WARREN BUFETT ADVISED SOME BASIC PRINCIPLES TO FOLLOW :
1. BUY WHEN THE SHARE PRICE IS WELL BELOW ITS FUNDAMENTAL VALUE
2. ITS BUSINESS MODEL IS EASY TO UNDERSTAND.
3. ITS BUSINESS MODEL IS VIABLE.

PMCORP FULFILS ALL THE ABOVE

IN CURRENT UNCERTAIN ECONOMIC CONDITIONS, ITS ALWAYS SAFER TO INVEST IN SHARES BACKED BY SOUND FUNDAMENTALS. PMCORP IS SUCH A SHARE

NTA RM0.50. RNAV RM 0.70 TO 0.90
CASH RICH RM143 MILLIONS
CAN PAY OUT REAL CASH 8 SEN PER SHARE OR RM80 PER 1000 SHARES
5 CONSECUTIVE QUARTERS OF PROFITS
PRESENT BUSINESS DIRECTION IN FOOD BUSINESS IS VIABLE
LOTS OF UNDERVALUED REAL TANGIBLE ASSETS WHICH ARE PRESENTLY UNDERVALUED WHOSE VALUES WILL EMERGE SUPPORTING ITS SHARE PRICE TO APPROACH ITS NTA/RNAV WHICH ARE MUCH HIGHER.
VERY IMPORTANT. CASH RICH AND WITH ALMOST ZERO BORROWINGS

NEED TO BE FAIR.
WORLD MARKETS IN UNCERTAIN SITUATION WITH POSITIVE FACTORS vs NEGATIVE ONES. STILL A BIT OF RETRACEMENT OF HALF TO 1 SEN IS NORMAL.

MOST IMPORTANT IS THIS: PMCORP HAS ALREADY TURNED AROUND WITH 5 CONSECUTIVE QUARTERS OF PROFITS. IT IS ALSO CASH RICH AND POSSESS LOTS OF UNDERVALUED ASSETS WHOSE TANGIBLE VALUES WILL EMERGE SUPPORTED BY POSITIVE CATALYSTS, INCLUDING THE IMPENDING 8 SEN PAYOUT AND THE POTENTIAL DISTRIBUTION OF TREASURY SHARES OF 64.959 MILLIONS SHARES . ANOTHER GREAT FINANCIAL BENEFIT TO LOOK FORWARD TO. IT AMOUNTS TO ALMOST 10% OF ITS CAPITAL BASE. AND TREASURY SHARES WILL NOT DILUTE ITS EARNINGS PER SHARE (EPS)
VERY IMPORTANT TO INVEST IN SHARES BACKED BY SOUND UNDERLYING FUNDAMENTALS

AFTER THE 8 sen PAYMENT WE CAN LOOK FORWARD TO ITS OTHER POSITIVE CATALYSTS INCLUDING ITS FAST IMPROVING RESULTS FROM ITS EXPANDING CHOCOLATE N CONFECTIONERY BUSINESSES, CONTRACT MANUFACTURER FOR TESCO N OTHERS, AS WELL THE POTENTIAL FREE DISTRIBUTION OC ITS 64.959 millions TREASURY SHARES AS ANOTHER WINDFALL
ITS 9MTH PROFITS JUMPED TO OVER 8M FROM ABT 1M

error correction. should be "such disposals of non core properties n shareholdings which are NOT essential ......"

RECALLED PMCORP IS SELLING OR JUST SOLD A NON CORE PROPERTY IN SPORE. DONT HAVE THE DETAILS NOW. ITS SALE WHEN EVENTUATED CAN POTENTIALLY REAP CAPITAL GAINS THEREBY INCREASING ITS CASH HOLDINGS N PROFITS

ITS ALWAYS BETTER N SAFER TO INVEST OUR HARD EARNED BASED ON FACTS DERIVED FROM THE COMPANYS FINANCIALS N ITS ANNOUNCEMENTS. CALVINS WRITE UPS ARE BASED ON THESE. CAN BE REFERRED TO HIS BLOGS N PMCORPS FINANCIALS N BURSA ANNOUNCEMENTS. ALL HIS FINANCIAL TABULATIONS ARE FACTUAL..ALL THESE INDICATED PMCORP SHARE PRICE AT 0.30 IS VERY UNDERVALUED BASED ON ITS SOLID FINANCIALS AGAINST ITS NTA OF RM0.50 N ITS RNAV OF BETWEEN RM0.70 to RM0.90.
ITS IMPENDING PAYOUT OF 8 SEN PER SHARE OR RM80 PER 1000 SHARES OWNED IS FACTUAL PENDING ITS PASSING AT ITS AGM ON 3/3/16.
I WISH TO HIGHLIGHT THAT PMCORP HAS 64.959 million TREASURY SHARES WHICH IT CAN POTENTIALLY DISTRIBUTE FREE TO SHAREHOLDERS IN FUTURE.
THIS WILL BECOME ANOTHER (2nd) GREAT FINANCIAL WINDFALL TO SHAREHOLDERS. PERSONALLY LOOKING FORWARD TO MATERIALISE.

OTHER CATALYSTS INCLUDE ITS INCREASING CASH HOLDINGS VIA SALES OF ITS NON-CORE PROPERTIES IN SINGAPORE N ITS PROPOSED SALE OF ITS SHARE HOLDINGS IN LISTED PMHOLDINGS FOR ALMOST FM10M.
SUCH DISPOSALS WHICH ARE ESSENTIAL TO ITS BUSINESS WILL GREATLY ENHANCE ITS FINANCIALS N UNLOCK ITS VALUE THEREBY BOOSTING ITS SHARE PRICE.
PMCORP IS TO ME PERSONALLY A TRUE STOCK WITH GREAT PONTENTIAL.
MY SINCERE APPRECIATION N REGARDS TO CALVIN
(disclaimer: my comments are purely for sharing n exchange of market info only.It is not a call to buy or sell PMCORP shares.) TQ

NOT REALLY TRUE FOR MALTON.
WELL ACCEPTED PRINCIPLE IN THE PROPERTY INDUSTRY, THE SINGLE MOST IMPORTANT FACTOR IS "LOCATION, LOCATION, LOCATION" MALTON'S LANDBANKS ARE MOSTLY STRATEGICALLY LOCATED IN PRIME AREAS. IN KL/SELANGOR AND BATU KAWAN, PENANG AND THESE AREAS ARE STILL DOING BETTER THAT OTHER LOCALITIES.
BUKIT DAMANSARA TOWN CENTRE BEING REDEVELOPED BY THE DESNOND LIM/PAVILON GROUP (OF WHICH MALTON IS A MEMBER} IS MOST PRIME WITH EXCELLENT ROAD NETWORKS TO BE GREATLY ENHANCED WITH 2 MRT STATIONS. BUKIT DAMANSARA IS ALREADY A WELL DEVELOPED MATURED RESIDENTIAL/COMMERCIAL TOWNSHIP CLOSE TO KL CITY CENTRE. ITS SUCCESS IS ASSURED. MALTON'S RM703M CONSTRUCTION JOB THERE IS SAFE. OPTIMISTIC MORE IN-HOUSE CONTRACTS WILL BE SECURED IN THIS RM2B PROJECT (49% OWNED BY THE CANADIAN PENSION FUNDS WHICH PUMPED IN RM485M CASH)
MALTON'S RM209M ROYALE PAVILON HOTEL IN B. BINTANG/RAJA CHULAN WILL ALSO BE SMOOTH SAILING.
HENCE, MALTON'S CONSTRUCTION ARM WILL BE DOING VERY WELL.

MALTON'S OWN DEVELOPMENT PROJECTS ARE ALSO DOING BETTER COMPARED TO OTHERS BECAUSE MANY OF ITS SMALLER PROJECTS ARE IN GOOD LOCATIONS AND HAD BE LAUNCHED 2 YEARS BACK BEFORE THE SOFTER PROPERTY MARKET SETS IN.

ITS MOST RECENT LAUNCH AT THE BUKIT JALIL CITY WAS VERY SUCCESSFUL.
IT IS NOTEWORTHY THAT ITS 50 ACRES THERE WERE ACQUIRED AT MINIMAL COSTS AS A RESULT OF AN AMICABLE LEGAL SETTLEMENT WITH HO HUP CONSTRUCTION.HENCE, MALTON IS NOT BOGGED DOWN BY ANY HEAVY FINANCING COSTS AS IT NEED NOT BUY THE PRIME LAND THERE. AND MOST SIGNIFICANTLY, ITS LAUNCH WAS VERY SUCCESSFUL, CHALKING UP A RM1B SALES. PLSE REFER TO THE NEWS ARTICLE NOW RE INSERTED FOR READERS' INFO:

Thursday, 26 November 2015
Malton hits billion ringgit sales
BY TOH KAR INN

Bukit Jalil City luxury serviced apartments "The Park Sky Residence"

PETALING JAYA: Malton Bhd has charted record sales of RM1bil on the back of its Bukit Jalil City development launch.
Malton and Pavilion Kuala Lumpur are collaborating to develop the 50-acre integrated development, which consists of Pavilion Bukit Jalil regional shopping mall, 112 units of Signature Shop Offices, four towers of luxury serviced apartments known as The Park Sky Residence as well as 44 units of Park Point Shop Offices.
The development includes a link bridge connecting residents to an 80-acre public park in Klang Valley.
“Initially, we had plans to launch only two out of the four serviced apartment tower blocks.
ADVERTISEMENT
“However, response garnered during the soft launch in June this year was overwhelming.
“We were surprised to receive that level of response as there had been a slowdown in the property sector.
“Therefore, the remaining two tower blocks slated for future launches had to be released to meet our customers’ demands,” said Malton Bhd Corporate Finance director Ng Chee Kiet after the group’s AGM yesterday

HENCE MALTON WILL CONTINUE TO DO WELL AND WILL OUT PERFORM IN FUTURE.

WATCH OUT FOR MALTON'S 2Q RESULTS WHICH I CAN FORESEE TO BE OUTSTANDING AS IT HAD RECEIVED RM154M AND EARNED A CAPITAL GAIN OF RM14M FROM EXERCISING ITS PUT OPTION. ITS CONSTRUCTION ARM IS DOING WELL WITH ITS RM703M AND RM209M CONTRACTS ( NO ISSUES IN GETTING ITS CONTRACT PAYMENTS BEING IN HOUSE AND DESMOND LIM'S/PAVILON INVESTMENT TRUST IS SOLID BESIDES BEING BACKED BY THE CASH RICH CANADIAN PENSION FUNDS.

WORTH WHILE REPEATING. ITS BUKIT JALIL'S PROJECT'S SALES WERE HIGHLY SUCCESSFUL.

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information

MALTON IS HUGELY UNDERVALUED (PRICE 0.81)REASONS INCLUDE:-
=================================================
NTA RM1.59
P.E 8.4x only
PAR VALUE RM1. ONLY 448M SHARES (MID-CAP WITH MUCH ROOM TO GROW )
NET PROFIT RM43M OR EPS 9.85 SEN (30/6/2015)
DIVIDEND 3 SEN OR YIELD OF 3.7% (LIKELY TO INCREASE . RE CATALYSTS BELOW)

GOT 10 DEVELOPMENT PROJECTS IN KL/SELANGOR AND PENANG WITH GDV RM10B.
(INCLUDING ITS BUKIT DAMANSARA NEW TOWN CENTRE INCORPORATING A PAVILON MALL WITH GDV RM2B). GREAT FINANCIAL TIE UP WITH CANADIAN PENSION FUND CONTRIBUTING RM485M FOR ITS 49% STAKE.

THE OTHER MAIN PROJECT WHICH WAS RECENTLY SUCCESSFULLY LAUNCHED WAS ITS
BUKIT JALIL CITY INCORPORATING PAVILON2 . GDV RM3.9B.(RE ARTICLE BELOW)

Thursday, 26 November 2015
Malton hits billion ringgit sales
BY TOH KAR INN

Bukit Jalil City luxury serviced apartments "The Park Sky Residence"

PETALING JAYA: Malton Bhd has charted record sales of RM1bil on the back of its Bukit Jalil City development launch.
Malton and Pavilion Kuala Lumpur are collaborating to develop the 50-acre integrated development, which consists of Pavilion Bukit Jalil regional shopping mall, 112 units of Signature Shop Offices, four towers of luxury serviced apartments known as The Park Sky Residence as well as 44 units of Park Point Shop Offices.
The development includes a link bridge connecting residents to an 80-acre public park in Klang Valley.
“Initially, we had plans to launch only two out of the four serviced apartment tower blocks.
ADVERTISEMENT
“However, response garnered during the soft launch in June this year was overwhelming.
“We were surprised to receive that level of response as there had been a slowdown in the property sector.
“Therefore, the remaining two tower blocks slated for future launches had to be released to meet our customers’ demands,” said Malton Bhd Corporate Finance director Ng Chee Kiet after the group’s AGM yesterday.

CATALYSTS TO UNLOCK THE VALUE OF MALTON
==========================================
1. RECEIVED RM154M CASH UPON EXERCISE OF ITS PUT OPTION TO SELL ITS OFFICE
SPACE ENTITLEMENT IN BUKIT DAMANSARA NEW TOWN CENTRE
REGISTERED A CAPITAL GAIN OF RM 14M (BESIDES A HUGE CASH INFUSION)
CAN CONTRIBUTE A GOOD INCREASE IN ITS NEXT QUARTER PROFITS.
POSSIBLE SPECIAL DIVIDEND FROM THESE
2. GOT IN HOUSE CONSTRUCTION CONTRACT RM703M FOR INFRASTRUCTURE WORKS IN BUKIT DAMANSARA PROJECT. MORE CONTRACTS FROM ITS RELATED PAVILON GROUP.
3. STARTED WORK ON ITS RM209M CONTRACT TOBUILD THE ROYALE PAVILON HOTEL IN JLN B. BINTANG/RAJA CHULAN

LAST BUT NOT LEAST WAS THE RECENT APPOINTMENT OF DESMOND LIM'S YOUNGER BROTHER AS ITS MD. YOUNG, VERY PROFESSIONALLY QUALIFIED. RICHLY EXPERIENCED
WE CAN EXPECT AN ENERGETIC DRIVING FORCE TO UNLOCK THE VALUE OF MALTON'S ASSETS, PRIME LANDBANKS, AND HENCE GROWING ITS MARKET VALUATION/SHARE PRICE.


Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information

disappointed that even with latest better results cum interim dividend still difficult to go up. now ex dividend no more catalyst. hence have to agree with valueinvestor that image n confidence problems are adversely affecting this counter

YES. STILL CUM DIVIDEND INCLUDING UP TO 8/12 BECOS EX DATE ON 9/12 (WED)

FULLY AGREE WITH RVI123.
FUNDAMENTALLY STRONG. DEEPLY UNDERVALUED.HENCE CURRENT PRICE 0.98 IS AT BASEMENT LEVEL. CUM DIVIDEND 5 SEN GIVING AN ALMOST IMMEDIATE CASH RETURN YIELD OF 5.1% WHICH IS FAR MORE WHAT WE CAN GET FROM BANK FIXED DEPOSIT. EXAMPLE BASED ON INVESTMENT RM10,000:-
@ 0.98 GETS 10,200 TROP SHARES x 5 SEN DIVIDEND RECEIVES RM510-00
BANK FD @4.1% per annum RECEIVES ONLY RM34-00 (10,000 x 4.1%/12x 1 month)

COMPARITIVE RETURNS:-
FROM TROPICANA RM510
FROM BANK FD 34
---------------------------------------------------------------
EXTRA INCOME FROM TROP RM476
---------------------------------------------------------------
(of course investment in shares has an inherent market price risk. share prices can
go up or down. but the current price of Trop is very low based on its strong fundamentals. hence its downside risk is deemed to be minimal.
personally i believe my prospects of making a combination of high dividend yield plus capital gain from the price appreciation is reasonally good)
(disclaimer:my comments are meant for exchange of mart info only, NOT a solicitationbto buy or sell Trop shares)

ERROR CORRECTION ON COMPARITIVE RETURNS BETWEEN MALTON'S DIVIDEND AND BANK'S FD INTERESTS (BASED ON RM80K INVESTMENT}
===≠======================×===========
CORRECTLY SHOULD BE

RM80000 GETS 100,000 MALTON @0.80 WITH 3 SEN DIVIDEND EARNS RM3000 IN 2 MTHS TIME
RM80000 IN BANKS FD @4% FOR 2 MTHS EARNS ONLY RM533.
MALTON'S DIVIDEND INCOME IS MUCH MORE SUPERIOR THAN THE BANKS FD.
IN FACT MALTON'S DIVIDEND EXCEEDED BANKS FD INTERESTS BY RM 2,467
(My apologises)

Kkng. Thanks for the info on Batu Kawan land.
Now we all know that MALTON with all its good
LANDBANKS N sizeable IN-HOUSE CONSTRUCTION
Contracts (PBD N BUKIT JALIL) MALTON IS RIPE
FOR RERATING. IT HOWEVER NEEDS CATALYSTS
TO UNLOCK ITS VALUE FOR ITS SHAREHOLDERS
SO THAT ITS SHARE PRICE WOULD REFLECT ITS
VALUABLE ASSETS N ITS POTENTIAL.
IN addition TO GOOD PROFITS, IT NEEDS TO INCREASE
ITS DIVIDEND PAYOUTS TO EARN ITSELF AS AN
INVESTMENT-GRADE SHARE COUNTER AMONG THE
LOCAL INVESTORS N ESPECIALLY INSTITUTIONAL
INVEDTORS, BOTH LOCAL N FOREIGN.
MALTON'S BOARD OF DIRECTORS SHOULD
SINCERELY ADOPT A MORE GENEREOUS DIVIDEND
POLICY TO REWARD ITS SHAREHOLDERS

SPECIAL DIVIDEND IS STILL FEASIBLE.
WITH THE RECEIPT OF RM154M CASH .
ON A CAPITAL BASE OF 448M, A SPECIAL DIVIDEND OF 1.5 SEN AMOUNTING
TO ONLY 6.7M WILL NOT BE A BURDEN.
INCREASING DIVIDEND. PAYOUTS IS A GOOD CORPORATE STRATEGY TO ATTRACT
INSTITUTIONAL INVESTORS WHICH WILL BE VERY POSITIVE FOR MALTON'S FUTURE
SHARE PRICE

Other near term catalysts for an upward rerating for Malton will include the sale of its Subang lands (for rm83M now aborted) to other buyers. This will further boost its cash resources, cut its borrowings, strengthen its Balance Sheet enabling it to increase its Dividend pay-outs and/or reward its shareholders with Special Divedends.

A SIMPLIFIED COMPARISON OF MALTON'S CURRENT DIVIDEND INCOME AGAINST BANK FD INTEREST INCOME BASED ON AN INVESTMENT CAPITAL OF RM80,000
==================================================================
DIVIDEND INCOME BY PURCHASING 80,000 SHARES IN MALTON.
@ 3 SEN WILL GET RM2,400 (receivable 29/1/16 i.e. in 2 months time)

BANK FD INTEREST INCOME ON RM80,000 @ 4% = RM533 ONLY (80,000x 4/12 x 2 months)

BY INVESTING IN MALTON NOW I CAN EARN AN EXTRA CASH INCOME OF RM1,967

(SAFETY FACTOR. OF COURSE, SHARE INVESTING CARRIES SOME MARKET PRICE RISKS. BUT MALTON IS A FUNDAMENTALLY SOUND LISTED ENTITY. SINCE ITS CURRENT SHARE PRICE @0.80 IS ALREADY LOW, THE RISKS ARE QUITE MINIMAL AND IS LIKELY TO APPRECIATE IN FUTURE BASED ON ITS BRIGHT BUSINESS PROSPECTS)
(disclaimer. my above comments are solely meant for market info sharing and is NOT a solicitation to buy or sell Malton shares.The data cited are derived from many sources available in the public domain) Tq

MALTON. STRONG FUNDAMENTALS AND DEEPLY UNDERVALUED @ 0.80
FYE JUNE 2015: P.E. 8.2x, EPS 9085 SEN. DIVIDEND 3 SEN (DIVIDEND YIELD 3.78%). NTA 1.59. CAPITAL 448M SHARES OF RM1. RESERVES 26M. RETAINED EARNINGS 239M. CASH IN HAND 67M (= 15 SEN CASH BACKING PER SHARE).
MALTON'S SHARE PRICE IS DUE FOR A GOOD RE-RATING BASED ON THE FOLLOWING NEAR TERM POSITIVE CATALYSTS:-
1) EXERCISED ITS PUT OPTION TO DISPOSE OFF ITS RIGHTS IN THE GROUP'S BUKIT DAMANSARA TOWN CENTRE REDEVELOPMENT PROJECT. RECEIVED CASH RM154 MILLIONS AND MADE A DISPOSAL GAIN OF RM14M. MALTON'S NEXT QUARTER'S RESULTS AND PROFITS WILL JUMP UP. ITS TOTAL CASH HOARD HAS JUMPED UP AND ENABLED IT TO GREATLY CUT ITS BORROWINGS AND GEARING, THEREBY STRENGTHENING ITS BALANCE SHEET
2) PROSPECTS FOR A SPECIAL DIVIDEND + BONUS SHARE ISSUE ARE BRIGHT.

Malton. deeply undervalued and underpriced @0.795/80.
Strong Fundamentals : last financial year 30/6/2015 : P.E. 8.2x, EPS 9.85 sen, Dividend 3 sen. Dividend Yield 3.78%. NTA 1.59. Fixed Deposits + Cash totalled RM67M = 15 SEN CASH BACKING per share. Capital Base 448M shares of RM1 each. Reserves 26M. RETAINED PROFITS 239M.
The strong fundamentals will result in the RE-RATING of Malton's share price by the following near term positive catalysts:-
1) 3 sen Dividend to ex next week (10/12/15)
2) Announced Receipt of RM154 millions in CASH for exercising Its Put Option to dispose of its rights in the Damansara Town Centre Project. This had increased its CASH holdings by 154M.This cash infusion will immediately cut down its bank borrowings and reduce its gearing. It has also registered an Extraordinary Gain of 14m (which will push up its next quarter profit) . With the huge cash hoard and better expected results, we can expect a Special Dividend.
Malton's construction contracts in hand has been boosted by the in-house RM803m contract it got from the Desmond/Pavilion Group for its Bukit Damansara Town Centre Redevelopment Project.
Malton is my choice. All the positive catalysts for the Re-Rating is now in place.

actually very high Dividend Yield
Paid 4 sen (2 sen interim + 2 sen final) in 2014
paid 1 sen interim + present 2 sen (total 3 sen) in 2015

the 3 sen dividend in 2015 is equivalent to 7.06% return (3 sen divided by 0.425 current share price) MUCH HIGHER DIVIDEND YIELD THAN THE BANKS' FD INTEREST RATE OF 4.2%

MOREOVER, YOU CAN GET THE 2 SEN DIVIDEND IN ABOUT 35 DAYS COMPARED TO HAVING TO WAIT 365 DAYS FOR BANKS' FD.

ALSO OVER TIME MKLAND'S SHARE PRICE CAN RISE BECOS ITS PRESENTLY DEEPLY UNDERVALUED

HISTORICAL DATA on P.T.(price target)

Market prices

HIGH 2.24 (OVER 2 YEAR PERIOD)

0.94 TO 1.28 (52 WEEK RANGE)


PRICE TARGET

1.10 TO 1.80 (ASSIGNED BY VARIOUS ANALYSTS)

(comments of this wide range: Kenanga gave 1.10 after discounting 72% from its RNAV , etc
based on the current property recession in Iskandar and
Trop/s earlier proposal to buy the Plentong land for rm444M and i its possible exposure to its proposed GDV of rm3.7B (if the land
purchase is completed. HOWEVER, THIS DEAL WAS TERMINATED A FEW WEEKS AGO). THE MAIN REASON FOR KENANGA'S EXCESSIVE DISCOUNTING @ 72% TO ARRIVE AT THE PT OF 1.10 IS NO LONGER VALID AS THE DEAL WAS ABORTED, MOST ANALYSTS USE A DISCOUNT OF 50%. BASED ON SOME ESTIMATE OF TROP'S RNAV OF 2,60, THEY GAVE A PT OF 1,80)

Bonescythe.blogspot,com arrived at its price target of rm1.40 based on its very detailed analysis in 10 April 2015.

EXTRACTS FROM STARBIZ IN 2013 TO SUPPORT VIEWS THAT:
1) TROP;S PULAI LAND "IS RIPE FOR DEVELOMENT"
2) TROPICANA WOULD HAVE FULLY SETTLED ITS RM336M TO THE VENDORS OF THE PULAI LAND IN THE 3Q OF 2014 :

The land is located in an area “ripe for mixed development”, being in Flagship B of Nusajaya north of Iskandar Malaysia, and ringed by established residential developments such as SP Setia Eco Gardens, Bukit Indah, Horizon Hill, Leisure Farm and Ledang Heights.

Other amenities and attractions in the vicinity include Legoland, Sanrio Hello Kitty Town, Pinewood Studios, Puteri Harbour, Kota Iskandar, Educity, Afiat Health Park and Southern Industrial and Logistics Cluster. The land is accessible via multiple access roads such the Second Link Highway, Pontian Highway, Pasir Gudang Highway and Coastal Highway



Funding is to be raised from bank debt and internal funds, the exact mix of which would be decided later. Its gearing levels are not expected to change until the third quarter of next year, pending the completion of the sale.

Tropicana has paid an earnest deposit of 1% of the purchase price to the seller, or RM3.67mil, and would settle the 10% deposit upon the execution of the sale and purchase agreement.

The balance RM329.9mil would be paid three months after all the conditions for the deal are fulfilled

THE TERMINATION OF THE PLENTONG LAND WILL INDEED BE A GREAT ESCAPE AND A VERY POSITIVE TURN OF EVENTS FOR TROPICANA.
WITH THE KNOWLEGE OF THE HOUSING DATA RELEASED BY THE STATE AUTHORITIES AND THE ANALYSTS CONFIRMING THE HUGE OVERBUILT AND OVERSUPPLY SITUATION IN ISKANDAR (ESPECIALLY DUE TO THE MEGA PROJECTS BY CHINA PROPERTY DEVELOPERS) IT WILL DEFINITELY BE A STRATEGIC ADVANTAGE FOR TROPICANA TO HAVE AVOIDED ISKANDAR NOW/



,

I AM MUCH MORE POSITIVE ABOUT TROPICANA'S PULAI LAND. I HAD WORKED IN JB, KLUANG AND KULAI DISTRICTS BEFORE. HENCE I DO HAVE 1ST HAND PERSPECTIVES OF JOHORE, INCLUDING DEVELOPMENTS IN PULAI. I AM INCLINED TO SHARE THE MORE OPTIMISTIC VIEWS OF DEVELOPMENTS SUROUNDING TROPICANA'S PULAI LAND. (I.E AGREE TO THE POSITIVE DEVELOPMENT POTENTIAL COMMENTS EXPRESSED IN THE STAR BIZ NEWS IN 2013 ARTICLE BECOS SOME OF THE LEADING DEVELOPERS ALREADY HAVE PROJECTS THERE IN 2013).

THE MOST IMPORTANT ISSUE TO CONSIDER IS TROPICANA'S DEGEARING EXERCISE.
ITS PREVIOUS HIGH GEARING HAD BEEN A CONCERN AMONG ANALYSTS. ALTHOUGH THE HIGH BORROWINGS IN THE PAST WERE JUSTIFIED BECOS THEY WERE INCURRED DURING ITS AGGRESSIVE ACQUISITION OF LANDS TO EXPAND ITS LANDBANKS, ITS LARGE BORROWINGS WERE STILL A NEGATIVE. HENCE WE WERE VERY RELIEVED WHEN ITS BOARD OF DIRECTORS EMBARKED ON ITS DEGEARING EXERCISE SEVERAL YEAR BACK. WE ARE GLAD TO NOTE THAT IT HAD SUCCEEDED..
AND, WE DO NOT WISH THIS DOWNSIZING OF ITS BORROWINGS TO BE DISCONTINUED.

WE WERE INDEED RELIEVED THAT THE LAND PURCHASE IN ISKANDAR WAS NOT TRUE.
WE ARE ALSO CONVINCED THAT THE RM336M FOR ITS PULAI LAND HAD ALREADY BEEN COMPLETELY PAID FOR BECOS:
1) THE PURCHASE WAS DONE IN 2013 AND I AM SURE THE VENDORS WOULD ENSURE THEY HAD RECEIVED FULL PAYMENT 2 YEARS AGO.AND WHATEVER FINANCING NEEDED THEN HAD ALREADY BEEN ACCOUNTED FOR AND INCLUDED IN ITS EXISTING BORROWINGS.
2) I AM CERTAIN OF (1) ABOVE BECOS TROPICANA'S FINANCIAL STATEMENTS AS AT 30/6/2015 UNDER ITS "STATUS OF CORPORATE PROPOSALS WHICH REMAIN OUTSTANDING AND PENDING COMPLETION HAD NO MENTION OF ITS PULAI LAND PURCHASE.

Target Price RM1.40 (given by bonescythe.blogspot.my on April 10 2015 "The Tropical Storm"
(based on her well researched analysis)

I BELIEVE HER PRICE TARGET IS A VERY FAIR AND REALISTICALLY ACHIEVABLE P
MARKET PRICE VALUATION BASED ON THE STRONG FUNDAMENTALS AND ENTERPRISE VALUE DETAILED THEREIN. THE PRICE TARGET CAN EVEN BE HIGHER NOW SINCE TROPICANA HAD SUCCESSFULLY AND COMPETENTLY DOWNSIZED ITS BORROWINGS AND GEARING RATIOS SIGNIFICANTLY VIA DISPOSALS OF LARGE VALUE NON CORE ASSETS AND BUSINESSES DURING THE PAST ONE YEAR. LESS GEARING = LESS FINANCE COSTS = MORE PROFITS = MORE CASH RESERVES TO PAY DIVIDENDS (WHICH CAN AGAIN BE A MIX OF CASH CUM TREASURY SHARE DISTRIBUTION).
NEAR TERM POSITIVE CATALYSTS FOR SHARE PRICE UPSWINGS INCLUDE :-
1) A GOOD SET OF 3Q RESULTS TO BE OUT BY THIS MONTH END. GOOD PROFITS ARE EXPECTED BASED ON THE SUCCESSFUL DEGEARING EXERCISE COMPLETED OVER THE LAST 3 MONTHS
2) GOOD EARNINGS VISIBILITY BASED ON ITS RM3 BILLIONS UNBILLED SALES (UNBILLED
= SALES COMPLETED WITH PROGRESSIVE PAYMENTS RECEIVABLE FROM
PURCHASERS BASED ON LEGAL DOCUMENTATION AND PROGRESS CONSTRUCTION WORK DONE AS CERTIFIED BY ARCHITECTS.
3) OTHER VALID FINANCIAL DATA INCLUDE NTA 2.14, RNAV RM2.60, HISTORICAL MARKET PRICES ABOVE RM2.00. TROPICANA HAD IN THE PAST PAID INTERIM DIVIDENDS

GOOD LUCK TO ALL INVESTORS IN TROPICANA

MKLAND WILL PERFORM WELL AS ITS FUNDAMENTALS ARE STRONG. HOLDING IT FOR MEDIUM TO LONG TERM HAS LOW RISKS AND WE ARE IN THE MEANTIME COVERED BY HIGH DIVIDEND YIELDS.
NEAR TERM CATALYSTS TO PUSH UP MKLAND'S SHARE PRICE INCLUDE :
1) ITS UPCOMING AGM NEXT WEEK
2) ITS EX DIVIDEND DATE EARLY NEXT MONTH (10/12/15)
3) LAUNCHING OF SUASANA HOUSING PROJECT IN DAMAMSARA DAMAI NEAR MRT'S MAIN TERMINUS IN SG BULOH. PLUS NEW LAUNCHES IN DAMANSARA PERDANA
4) MORE NEWS OF MRT 2 ( WHICH ALIGNMENT IS CLOSE TO DAMAI). CONSTRUCTION TO START NEXT YEAR.
5) THE COMPLETION AND OPENING CEREMONY NEWSFLOWS FOR MAMMOTH EMPIRE'S HUGE PROJECT AT THE ENTRANCE OF DAMANSARA PERDANA. AND THE ADDITIONAL PERDANA LAND SOLD TO EMPIRE FOR RM82M

robbin65. THANKS FOR THE INFO AND CLARIFICATION ON THE " GELANG PATAH LAND PURCHASE ". WE HAD NOW CONFIRMED THAT THERE WAS NO SUCH PURCHASE. THIS IS VERY IMPORTANT AS WE ARE NOW SURE TROPICANA HAS NO BIG FINANCIAL COMMITMENT TO BORROW MORE TO FINANCE IT.
EVEN THE PURCHASE OF 106 ACRES OF LAND IN PULAI (NORTH OF ISKANDAR) FOR RM366M IS NOW CONFIRMED TO BE A POSITIVE FOR THE FOLLOWING REASONS:-
1) BOUGHT IN 2013, IT WAS ALREADY IN AN AREA "RIPE FOR DEVELOPMENT" THEN AS IT WAS ALREADY SURROUNDED BY MATURED DEVELOPMENTS AND WELL SERVED BY GOOD INFRASTRUCTURE.
2) THE LAND PURCHASED WAS EARMARKED FOR "ECO-THEMED RETAIL AND COMMERCIAL DEVELOPMENT" WHICH ARE NECESSARY FOR PULAI'S GROWING URBANISATION. IT'S NON-RESIDENTIAL AND HENCE HAS NO GLUT OR OVERSUPPLIED PROBLEMS WHICH ARE NOW AFFECTING ISKANDAR'S RESIDENTIAL MARKET
3) THE LAND WAS PURCHASED IN 2013 AND IT WOULD HAVE BEEN FINANCED WAY BACK IN 2013 AND IS ALREADY PART OF TROPICANA'S EXISTING BORROWINGS. THERE WILL BE NO ADDITIONAL COMMITMENT TO BORROW MORE FOR IT. HENCE, TROPICANA'S CURRENT DOWNSIZING IN BORROWINGS OR DEGEARING WILL CONTINUE SMOOTHLY.
4) THE PULAI LAND, BEING COMMERCIAL, IS NOW WORTH A LOT MORE.
(for more details of the purchase of the Pulai land, plse refer to the 2013 article from The Star newspaper attached above by robbin65)

A LEADING ANALYST HAS GIVEN A FAIR VALUE TARGET PRICE OF RM1.40. (FAIR AS ITS NTA IS RM2.14 AND ITS RNAV IS RM2.60). IT IS PROFITABLE AND GIVING DIVIDENDS.
ITS LANDBANKS ARE IN PRIME LOCATIONS IN THE KLANG VALLEY/SELANGOR AND PENANG. CURRENTLY ALREADY HAVE UNBILLED SALES OF RM3 BILLIONS THUS ENSURING EARNINGS VISIBILITY IN THE NEXT 3 YEARS. ITS GEARING HAS BEEN REDUCED SIGNIFICANTLY, THUS ENHANCING ITS FUNDAMENTALS/FINANCIALS

hng33. Tropicana'sale of its Bukit Bintang land for RM448 millions for CASH will boost its cash reserves besides registerind another good capital gain. This will be on top of the RM200M from the sale of Kima

I BELIEVE PROSPECTS FOR TROPICANA TO REPORT A STRONG SET OF RESULTS, AN INTERIM DIVIDEND (THEY HAD PAID INTERIMS IN THE PAST), AND OTHER GOOD NEWS ARE BRIGHT

REGARDING THE "OTHER PURCHASE OF LAND IN GELANG PATAH, JOHORE FOR RM500 MILLIONS" MENTIONED ABOVE IS SOMETHING NEW TO ME.
HENCE I WENT THROUGH ALL TROPICANA'S ANNOUNCEMENTS VIA BURSA ALL THE WAY BACK TO 2013. THERE WERE NO MENTION OF ANY SUCH PURCHASE.

TO SCRUTINISE IT FURTHER, I STUDIED TROPICANA'S Financial Statements AS AT 30/6/2015. COMBED THROUGH "STATUS OF CORPORATE PROPOSALS"
AGAIN THERE WERE NO SUCH LAND PURCHASE IN GELANG PATAH, JOHOR. AS BEING AN OUTSTANDING CORPORATE PROPOSAL.

I THINK THERE MUST HAVE BEEN AN ERRONEOUS INFORMATION.
NEVERTHELESS, I AM GLAD THAT THERE WAS IN FACT NO SUCH LAND PURCHASE.

NEVERTHELESS, 444M PAYABLE INCLUDING 330M FINANCING IS STILL LARGE. EVEN MORE SIGNIFICANT IS THE GROSS DEVELOPMENT VALUE OF 3.7 BILLION WHICH CAN BECOME A BIG PROBLEM WHEN U CANNOT SELL THE UNITS DUE TO THE GROSSLY OVERBUILT SITUATION IN ISKANDAR.
HENCE ITS TERMINATION IS INDEED A GOOD THING

TROPICANA'S AUDITED NET TANGIBLE ASSET PER SHARE IS RM2.14. ITS RNAV (REVALUED NET ASSET VALUE) IS RM2.60.
MOST ANALYSTS WILL DISCOUNT THE RNAV BY 50% TO ARRIVE AT THE FAIR VALUE OF THE SHARE. FOR TROPICANA, ITS RNAV WILL THEREFORE BE RM1.30 (THERE IS A RARE DISCOUNT CARRIED OUT BY ONE ANALYST @ EXCESSIVE 72% TO ARRIVE @ RM1.10. THIS IS EXCESSIVELY OUT OF THE NORM AND IS AN UNFAIR ASSESSMENT OF TROPICANA. HOWEVER I BELIEVE THIS ANALYST DID IT BECOS OF TROPICANA'S PREVIOUS HUGE EXPOSURE TO ITS RM3.7 BILLION PURCHASE OF THE PLENTHONG LAND IN ISKANDAR JOHOR. THIS "DEAL" WAS CANCELLED MUTUALLY RECENTLY (REFER TO ANNOUNCEMENT BY THE COMPANY),
THIS RISKY PROJECT (WHICH WOULD HAVE BIG BURDEN, (FINANCIALLY DUE TO THE NEED TO BORROW N GEAR UP AGAIN) AND BECOME A DRAG ON THE PROFITABILITY OF TROPICANA (DUE TO THE PROPERTY RECESSION NOW IN ISKANDAR DUE TO GROSSLY OVERBUILT AND WEAKENING DEMAND) HAD NOW BEEN LIFTED. TROPICANA WHICH HAD WORKED SO HARD OVER THE LAST FEW 2 YEARS TO DISPOSE OF ITS NON CORE ASSETS N BUSINESSES WILL NOW REMAIN LEAN AND FUNDAMENTALLY MUCH STRONGER.

BASED ON THE ABOVE POSITIVES, TROPICANA'S CURRENT PRICE IS ON THE PATH TO RECOVERY. ITS FORTHCOMING RELEASE OF 3Q RESULTS AND THE PROSPECTS OF AN INTERIM DIVIDEND WILL BE THE NEAR TERM CATALYSTS TO BOOST ITS SHARE PRICES.

A LEADING ANALYST HAD GIVEN A VERY GOOD/DETAILED WRITE UP AND GAVE TROPICANA A FAIR PRICE TARGET OF RM1.40

ALL VIEWS AND OPINIONS FOR SHARING TO KEEP MEMBERS BETTER INFORMED ARE WELCOME.

GOOD LUCK TO ALL INVESTORS IN TROPICANA

going to follow kktom

FULLY AGREE WITH hng33. BY THEN YOUR ID WILL BECOME hng88 AND MINE WILL BE darrenliew88.
ABOVE 1.00 IS ATTAINABLE WITHIN THE NEXT FEW SESSIONS. NTA PER SHARE IS RM2.14. PAR VALUE IS RM1.00. PAST RECORDS CONFIRMED IT HAD GONE UP ABOVE 2.00.

TROPICANA'S 3Q RESULTS SHOULD BE GOOD BASED ON ITS DISPOSALS OF MANY NON CORE PROPERTIES, LANDS AND SOME BUSINESSES, BRINGING IN GREATER CASH INFLOWS, REDUCING ITS BORROWINGS/GEARING FURTHER AND REGISTERING CAPITAL GAINS.
TROPICANA RECENTLY WAS BLESSED BY THE CANCELLATION OF THE RM3.7 BILLIONS LAND PURCHASE IN PLENTONG, ISKANDAR JOHOR. ISKANDAR IS NOW SUFFERING FROM A PROPERTY "RECESSION" DUE TO ITS HEAVILY OVERBUILT SITUATION AGGRAVATED BY SOFTENING DEMAND. RM3.7B IS HUGE AND WOULD HAVE BOGGED DOWN TROPICANA IN DIRE STRAITS IF NOT ABORTED. NOT ONLY BE FACED WITH A HUGE PROJECT WHICH MAY SELL POORLY, IT WILL SPIKE UP ITS BORROWINGS/GEARING AGAIN.
IT'S A VERY FORTUNATE ESCAPE FOR TROPICANA.
HOUSING DEMAND IS RELATIVELY MORE RESILIENT IN THE KLANG VALLEY, SELANGOR AND PENANG WHERE TROPICANA HAS PRIME LANDBANKS AND PROJECTS.
NOW WITHOUT THE RM3.7B ISKANDAR PROJECT, TROPICANA WILL HAVE LESS GEARING AND BETTER CASH FLOWS FOR ITS PROJECTS IN THE 3 LOCATIONS ABOVE PLUS HAVE MORE CASH RESOURCES TO CONTINUE WITH ITS SHARE BUYBACKS AND PAY DIVIDENDS. WE CAN EVEN EXPECT A SPECIAL INTERIM DIVIDEND WHEN ITS 3Q RESULTS ARE ANNOUNCED.
(Disclaimer. my view above are just views and opinions and is not a solicitation to buy or sell Tropicana or other shares. its just for sharing of market information)

THE BIG RISK IS MOST OF US ARE UNABLE TO RUN FAST ENOUGH ( WE ENTER LATE AFTER RECEIVING SUCH TIPS LATE AND ALSO RISK EXITING LATE)
ANYWAY, THERE WILL ALWAYS BE MANY TYPES OF INVESTORS OR PUNTERS. EACH WILL HAVE ITS OWN NICHE AND STRATEGIES.
BEST OF LUCK AND WISHES TO ALL

WHILE ALL INVESTORS'S PRIMARY AIM IS TO MAKE MONEY FROM SHARE INVESTING, WE MUST ALSO DO SO WITH DUE CARE SINCE HIGHLY SPECULATIVE SHARES ARE EXPOSED TO VERY HIGH RISKS OF CAPITAL LOSS DUE TO SUCH RISKY SHARES LACKING FUNDAMENTALS (eg, low NET TANGIBLE ASSETS BACKING, PERSISTENT BUSINESS LOSSES, HIGH BORROWINGS/GEARING, ETC) AND WHICH ARE LIKELY MANIPULATED BY SYNDICATES (INVESTORS SHOULD FAMILIARISE THEMSELVES WITH THE RISKY "PUMP & DUMP" OPERATIONS BY SYNDICATES.

SAFETY FACTOR.( TO PROTECT OUR INVESTMENT CAPITAL), IS IMPORTANT TO US WHILE AIMING FOR POSITIVE RETURNS FROM GOOD DIVIDEND YIELDS AND CAPITAL GAINS AS THE SHARE PRICE APPRECIATES BASED ON STRONG FUNDAMENTALS.

HENCE WE ARE CONVINCED THAT OUR MKLAND IS OUR RIGHT STOCK CHOICE.

HA. HA. QUITE A BIT. I ACCUMULATED MKLAND BASED ON ALL THE REASONS GIVEN AND WHICH I FIRMLY BELIEVED IN. BESIDES THE SAFETY FACTOR (VERY IMPORTANT IN ORDER TO PROTECT AND PRESERVE MY CAPITAL) AND THE GOOD PROSPECTS OF VALUE APPRECIATION OVER TIME, I AM HAPPY TO RECEIVE CASH DIVIDENDS WHOSE YIELDS ARE MUCH BETTER THAN BANK FIXED DEPOSITS.

POSITIVE SIGNS. MKLAND'S SHARE PRICES FIRMING UP NICELY
A LOT OF TRADES DONE @ 0.445.

GOOD SUGGESTION. INCREASING DIVIDEND PAYOUTS WILL DEFINITELY ENHANCE THE QUALITY AND ATTRACTIVENESS OF MKLAND AS AN INVESTMENT STOCK TO MORE INSTITUTIONAL FUND MANAGER,PENSION FUNDS LIKE EPF, ETC.
BEING DEEPLY UNDERVALUED AND PAYING HIGH DIVIDENDS, IT WILL BE A BIG BOOST TO MKland's SHARE PRICE IF SELECTED BY VALUE CAP'S TARGETED RM20 BILLIONS PORTFOLIOS TO BE ACTIVATED NEXT MONTH. MKLAND'S SOUND FUNDAMENTALS + SHARIAH COMPLIANT QUALIFIES TO BE TARGETED.

NEMESIS CAN BE MORE SPECIFIC IN HIS (AND OURS' )REQUEST WHEN ASKING THE BOARD TO GIVE A SPECIAL DIVIDEND. THE SALE OF LAND IN DAMANSARA PERDANA TO MAMMOTH EMPIRE IS BRINGING IN CASH OF RM82M. THE PLANNED SALE OF THE 55 ACRES SETIA WANGSA LAND IS NOW REPORTED TO BE WORTH A LOT MORE THAN THE RM96M PRICE TAG IN THE EARLIER PROPOSED (NOW CANCELLED) SALE

WE PREFER TO STICK TO MKLAND :-
1) SAFETY FACTOR BASED ON CURRENT LOW SHARE PRICE SECURED BY STRONG FUNDAMENTALS (PROFITABLE RESULTS, COMFORTABLE GEARING, UNDERVALUED PRIME LANDBANKS BEING UNLOCKED/MONETISED VIA PROGRESSIVE PROJECT DEVELOPMENTS, SALES OF NON CORE/EXCESS LANDS TO ACCUMULATE MORE CASH RESERVES
2) BRIGHT PROSPECTS OF CAPITAL GAINS
3) GETTING HIGH DIVIDEND YIELDS IN THE MEANTIME

YES. MKLAND'S PAR VALUE IS RM1.
THE OTHER INDICATION IS THAT ITS DIVIDENDS ARE DELCLARED IN SENS (NOT IN %)

xfighter. Fully agree with you.
MKland is one of the rare stocks with very High Dividend Yields (besides being deeply undervalued based on fundamentals)
Past 2 years' Dividend Yields
=======================
2014 : paid 2+2 sen = total 4 sen or 10% dividen yield (based on MKlands share price then)
2015 : paid 1sen as interim D + current Final 2 sen = Total 3 sen or 6.82% (on price of 0.44 sen)

We and xfighter will be earning much higher Dividend Income from MKland compared to what we can get from Banks' Fixed Deposit rates of 3 to 4.2% p.a.
Also of great practical significance in terms of real cash inflows is that we will receive the 2 sen Dividend on 31/12/15 in about 1.5 month's time from MKland (compared to having to wait for 1 full year for the Bank FD to mature) .
We can earn much higher Dividend Yields in a very short time from MKLAND against receiving much less interest income and having to wait almost 12 times longer period if placed as FD.
(MKLAND covers us with good cash returns while we wait for its deeply undervalued assets to be unlocked over time)
Happy investing to all MKLAND'S supporters !!!

ALL VIEWS ARE WELCOME. IN THIS WAY ALL WILL BECOME BETTER INFORMED
MY VIEWS ARE THAT MKLAND HAVING STRONG FUNDAMENTALS WILL BE IN A BETTER POSITION TO SUCCESSFULLY OVERCOME WHATEVER ECONOMIC UNCERTAINTIES CURRENTLY FACED BY ALL BUSINESSES, INCLUDING MKLAND
NEVERTHELESS, MKLAND IS THE GOOD BUSINESS ADVANTAGES OF OWNING VAST PRIME LANDBANKS ACQUIRED AT VERY LOW COSTS (EG DAMANSARA PERDANA OWNED SEVERAL DECADES AGO)
APANAMA'S POINT REGARDING INFRASTRUCTURE COSTS IS VERY VALID. AS SUCH COSTS CAN BE VERY COSTLY WHICH WILL AFFECT/COMPRESS YOUR PROFIT MARGINS (WHICH CANNOT BE OFFSET OR COMPENSATED BY INCREASING YOUR PROPERTY SALE PRICES DUE TO THE PROPERTY RECESSION AS RIGHTLY OBSERVED BY NEMESIS.

DAMANDARA PERDANA IS ALREADY WILL SERVED BY EXCELLENT INFRASTRUCTURES.
DAMANSARA DAMAI"S (LOCATED NEAR MRT 1'S MAIN TERMINUS IN SG BULOH) INFRASTRUCTURES WILL BE GREATLY BOOSTED BY THE MRT 2 LINE WHICH WILL EITHER CUT ACROSS OR SKIRTS ITS LAND THERE. CONSTRUCTION TO START NEXT YEAR. MEANWHILE THE STATE GOVT IS GOING TO BUILD 2 MORE ACCESS ROADS LINKING IT L&G'S SRI DAMANSARA AND TO THE SG BULOH/KUALA SELANGOR TRUNK ROAD. PRIME LANDBANKS OWNED AT VERY LOW HOLDING COSTS + NO NECESSITY TO INCUR HUGE INFRASTRUCTURE WILL PUT MKLAND IN A MUCH BETTER POSITION THAN MANY OTHER DEVELOPERS.