aiyohh...Hooi is buying at around +/- RM1.00 range larr.....i guess the average price of his portfolio is at abit lesser than RM1.00 nia.

dunno why both stocks don't move at al

maybe world cup - no steam to forge ahead.

most important ----> please declare dividend....

From TheStar newspaper today, Malton will announce its plan for the BUkit Jalil development towards the end of this year.

last quarter result - is not really good - in terms of P/E and EPS

tulle d = towards the end?

now already dip below RM1.00- i have my reservations....

After the rights issue, this will virtually eliminate the gearing in this company. Both of its crown jewels being:
(1): Batu Kawan ----> can be financed wholly via operating cash flows,
(2): DaMen ----> almost sold out
does not exert much financial commitment on GOB.

This frees GOB to undertake future expansion. GOB is likely to benefit from its connection to Malton by virtue of getting hold of strategic landbank.

don't worry - this counter will surely move - if not, it will be a very cheap rights issue.

my main concern for this counter is that the best, most profitable projects are not kept for maximise shareholders value. The shareholders kind of like get the leftovers, the crumbs.

@ hooi, you are quite aggresive in accumulating Malton. Any reasons behind? If this counter is really undervalued, why the price hardly increase? Please educate me.

well...even if Desmond Lim undertakes highly profitable property developments under his own private capacity, he still needs the construction resources at Malton to build things up. Malton will still stand to gain in terms of being a contractor.

@ moneycashrich - why do you say trend is going higher? it is dropping lar.

last quarter's EPS is quite high because of the once off disposal of the parking lot. This is categorised as an extraordinary item and not within the normal operating context.

hopefully, can breach RM1.30 end of this year. But somehow, its quarterly operating profits are not spectacular.

this damn stock is a bloody laggard....

looks like not much action

looks like not much action

Just wandering, whether RHB has new research updates on Malton and GOB?

@ darrenk: the RHB research paper is old news.

@ icon8888, hehehe...need to wait for 3 more cents, then, my position start to huar liaw.... :-) anyway, thank you for your good advice....will definitely hold till the end...:-)

wow...this Lim Guan Eng is really good - can get Temasek (Singapore Sovereign Fund) to enter into Batu Kawan...

Hi all - please help to share the RHB analyst research for Malton and GOB.

HoHup going down? That is weird...TheEdge (19th May 2014) report is painting a good rosy picture about HoHup. All the contributions from Pavilion 2 is as good as profit for HoHup.

if Icon8888 (the real deal) is right about DaMen being 95% sold, then, we will see an increase in sales revenue staggered across FY14, FY15 and FY16. There will not be one big shot in the arm - because property construction sector uses progressive billings to match the construction cost against the sales revenue. The architect certificate of completion is KING here.

All the construction costs are capitalised as part of property development costs - being carried as an asset in the balance sheet. Thereafter, as the construction progresses and each stage of the construction is certified by the architect certificate of completion, the asset "property development cost" is progressively amortised (carried over) to the P&L and then matched against the progress billings revenue.

The thing to look out for is the impairment to the property development cost. If this happens, this means the project is not well received and is a REAL concern to investors. But this is highly unlikely for DaMen as this is supposedly 95% sold.

Malton dropping to RM0.80? Highly unlikely. Small cap property counters witnessed a steep correction (i.e.; GOB & Tambun Indah) early this month. However, Malton hardly bulge, keeping firmly to RM0.98 to RM1.03 region.

icon88888 is NOT icon8888.

accumulation phase is currently ongoing...the share price hardly dip below RM0.99 showing strong support.

mmm…talking about internal improvement in MAS
Recently, i flew from PG to KL to PG using MAS domestic
the entire safety briefings are rolled out via the video
innovative, this way - they can free up the time of flight steward/ stewardess
not bad until i notice.....
the entire safety briefing is in Bahasa Malaysia
well..what about those Ang Mohs (foreigners)?
they look at me…and I look at them…
this fiasco just show something is wrong with the people dimension (i.e.; the employees)
I rather invest in some other counters whereby the people / company is in the business of making monies…
and not in the business of asking for bail outs.

hehehe.....but then, MAS union is wayy to strong to detest this "takeover".
Think about the AirAsia and MAS share swap. The union can request for an open audience with PM Najib to call it off. What is stopping them this time?

what is the meaning of good business costs transformation? is it some sort of restructuring or something?

MAS is too big to fail....

hopefully, EPF does not spin my hard earned retirement monies (coffin fund) to shore up this damn counter~!!! please think of poor me...no money during retirement - very sad lar

if it drops to Rm0.78, will definitely load up a few more lorries...waiting....

just curious...what do you mean by "transform completely"?

hehehe..... please kindly share the article....

@ azlan88, well...hopefully with all the new projects lined up, Malton can deliver a more consistent performance. There is a report appearing on TheEdge (19th Apr) that the reception for Pavilion 2 is quite encouraging.

going up liaw.....

@ icon8888, just asking, when will they release the annual reports ? thanks buddy.

@ Tiff; The rights issue will cause the overall price to drop. The extent of the drop depends very much on how low the "price" of the rights issue. Assuming if you compare the position of two long term investors who fully subscribe to the rights issue, one who is an early bird and another who purchased at the recent high of RM1.0x, the effect of the rights issue may close the spread between both of the investor's average price.

Icon8888 yes. Read through the announcement and RM0.50 is not cast in stone. I budgeted for RM1 for the rights issue. Just i n case.

Hi icon8888, have asked this a few times. But just wanna reconfirm. The rights issue is at RM0.50. Is there any chances that GOB may revise the price of the rights issue to a higher amount than RM0.50? Or it is cast in stone that the rights will be RM0,50 and will not be changed....

Thanks for your time.

@ icon8888, how about the RHB article on GOB? Can anyone share it online? Thanks a million.

@ Icon8888, do you mind to share the weblink?

what happen after 6 days later?

for the first time, Malton shares closed higher than GOB

technical analysis is akin to weather forecasting....

@ OptimusX, not really bearish but more of a regret.... regret that i lost the opportunity to buy more (alot more...) at RM0.98 compared to RM1.11 and this happen within the span of a few hours....

mmm...just asking, why Malton will be going up in the near future?