@ james70, thank you for your insight. Please evaluate my thinking. I think chances that Abad Naluri will revoke the JV if Malton does not fulfill the JV agreement is quite slim. Abad Naluri is indeed a subsidiary of GOB whereby Datuk Desmond Lim has a stake in it. Is this statement correct?

Just my 2 cents, the way things roll, i think GOB will focus exclusively on the residential portion - to bring the population to Bandar Cassia. Once the population has reached its critical mass, Malton will build the commercial outlets in the JV land.

i thought alot of people say GOB is the next Tambun? alot of people who missed out on Tambun is loading like crazy on GOB. But will NOT chase GOB. The share price is too high - currently over bought.

Hi all; just wanna ask all the sifus for advice. I am late for this GOB show - so, will not be a sore loser and complain. Have the discipline NOT to chase too. But i did load up alot on Malton. Just asking, from The Edge article (21st Apr'14), it is stated that Malton enter into a JV with BatuKawan Bhd. Subsequently, Malton paid an amount of about RM20.0M to BatuKawan Bhd. Hence, can we say that this JV thing has been firmed up? Like this JV cannot be revoked, and will remain perpetually in force? Regardless who is going to be the NEXT Chief Minister (opposition or ruling), this JV agreement will still be in force. Also, the land by GOB - is it freehold or leasehold? Because Malton's land is leasehold.

But the thing that worries me about Malton (for Batu Kawan) is that most of their projects will focus on commercial developments (rather than residential). Do anyone have the mix (%) for the commercial versus residential portion for Malton - Batu Kawan?

Hi all;
May i ask for some advice? Why GOB rise faster than Malton? Cannot understand.

price is now too high - will NOT chase

will enter if price falls back to about RM1.01 to RM1.02

hehehe...actually, i just follow the herd...read what RHB research analyst say - TI fair value is at RM2.20/-

don't know why got this voice in my head saying..."shit...you should have bought it at RM1.00 - then, it is a round number - bulat bulat - looks very nice - why pay more RM0.01"....

became a proud Maltonian at RM1.01. Time to switch off the laptop and sleep until end of this year.

if you are looking for a gain of RM0.20 to RM0.40, maybe you can try Malton. It is trading at about RM1.00. Hence, you can buy more of Malton compared to TI and even if you gain RM0.20 for Malton, the quantum of gains will be more compared to when you buy TI since you buy more at RM1.00 compared to RM2.02.

@ pinpin1314: just my humble opinion, TI is going to fulfill its fair value of RM2.20 - latest by the end of this year. For me, i think the return of 20 cents (RM2.20 - RM2.00 = RM0.20) does not justify the risk of entering at such a high price.

Hi all;
just need to ask for some advice. Actually, i am the "uncle" type of investors (fundamental type and NOT traders) - someone who is going to buy and then hold for long long time - maybe about 2+ years before selling. From my research - it appears Malton is deeply undervalued. TP is expected to be at RM1.80 (trading at about 55% discount to current price of RM1.00). Hence, for "uncle" investors - (not traders), do you think i should be concerned about the day to day market fluctuations? Like this morning - i saw Malton is trading at $0.95. Now, Malton is trading at RM1.00. Hence, do you think i should start loading now at Rm1.00? It is very hard to guess the market. For buyers, i definitely want the price to be low - but then, it is hard to guess when low is the lowest. Like when low is the lowest???

Hi all;
just need to ask for some advice. Actually, i am the "uncle" type of investors (fundamental type and NOT traders) - someone who is going to buy and then hold for long long time - maybe about 2+ years before selling. From my research - it appears Malton is deeply undervalued. TP is expected to be at RM1.80 (trading at about 55% discount to current price of RM1.00). Hence, for "uncle" investors - (not traders), do you think i should be concerned about the day to day market fluctuations? Like this morning - i saw Malton is trading at $0.95. Now, Malton is trading at RM1.00. Hence, do you think i should start loading now at Rm1.00? It is very hard to guess the market. For buyers, i definitely want the price to be low - but then, it is hard to guess when low is the lowest.

by the way, Malton just hit Rm1.00
For the investors who buy low and then, switch off their laptop and keep the shares forever (maybe say 2 years), do you think they should be worried about the day to day market fluctuations? Like wait for it to drop to RM0.95 and then start loading?

Hi gnat,
Concur with your portfolio spread. Now, i am looking to move into Malton as well as it is deeply undervalued with very strategic landbanks at Penggerang (major oil and gas hub), Batu Kawan and Damansara.

About GOB, If not mistaken, this company has absconded in one of their housing projects before. If they can do it to their customers, I don't think they will care that much about their shareholders interest. Especially us who are the very very very minor punya minority interest.

mmm...come on - another 5 cents to RM0.90/- then, can start buying liaw

Just asking, why the directors are disposing such as significant numbers of shares? also, what is the impact on the share price? (besides price coming down due to over supply)

mmm... maybe RM0.90 is possible...

the bomb disposal squad is too strong liaw

mini explosive defuse liaw........

ohh - which development is that???

this counter is good to buy and hold.

just asking, if people sell - hence, supply more than demand - why price no drop?

Malton is powerful - but not moving?

think about investing in Malton Bhd for the long term; given that they have 3 strategic landbanks - at
(1): Penggerang Johore where Petronas has approved a mega oil and gas hub,
(2): Pusat Bandar Damansara (a joint venture with Ho Hup), and
(3): Batu Kawan - heard it is located right next to IKEA.

Hi Azlan88, what do you think of Malton?

yes - please come down so that buyers can start loading

Hi Azlan88, what do you think of Malton?

ohhh - hehehe - waiting for it to drop to RM 0.90/- Please don't kill me....But what are the chances mate?

By the way, if you have not bought into TI yet, maybe there is another counter for your consideration - Malton Bhd. The counter is deeply undervalued - whereby current trading price is hovering at about RM1.00.

Just my humble opinion. The level of property transactions/ sales depends on which market segment. The segment for upper affluent class will be slow this year as this is attributable to the government cooling measures. But then, the market targeted by TI is mainly the middle class market whereby there is a genuine lack of supply to meet demand. The 2nd link will allow middle class Penangite an opportunity to own a landed property at about RM400K to RM500K - something which is not achievable in Penang Island - and to work in Penang Island. Hence, all this will act in favour of TI. Don't forget - for 2014, TI will commence building the international school and a shopping mall at Pearl City. Both will act as a catalyst to spur additional demand for properties in Pearl City. Also, management is confident that residential project being launched this year will be snapped up.

About the TP of RM2.00, give TI some time to cement the price of RM2.00 and above. There is still 9 more months for TI to accomplish this. At the meantime, just enjoy the dividend. :-)

sorry - but what is 965?

sorry to pour cold water here...but ....please come down...i wanna buy.........

Hi angelina2, may i ask? why do you think the counter Malton will drop?

hehehe.....i bet from now until year end, RM2.05 is very much achievable. The most is, every month increase by 1 cent. hehehe :-)

actually, i think this counter has got good potential to achieve RM1.80/-

It has about 300 acres of land at mainland penang - just right off the exit of Penang Second Bridge. Look at Tambun Indah. The company's flagship project - Pearl City - is located at mainland Penang (and the landsize is about 200 acres) and now the price for Tambun Indah has reached RM2.00. This is consistent with the TP price bandied by RHB research.

And this counter has got other landbanks at strategic area - Penggerang Johor and in Damansara.

Hi all sifus,
Wanna ask some advice. Just wanna ask, is this counter a good buy for people who is going to hold out the share for a few years? (as opposed to traders/ kaki goreng?)

This counter is really undervalued and its land banks are in very strategic places. Got good potential.

come on...where is RM2.05????????????

today - we are pushing the envelope

wow - impressive - you have 50K units of tambun indah??

Hi
Just my humble 2 cents. Currently, this range of RM2.00 to Rm2.10 is considered a fair price for TI. Asking for RM2.50 is really pushing for it. Just to use a relative valuation. Let us compare Tambun Indah versus Mah Sing, Mah Sing currently is trading at RM2.15. Not to forget that Mah Sing has larger land banks (across Malaysia; especially at Iskandar) and more unbilled sales compared to TI.
Until now, TI has not yet released its future plan after Pearl City. After exhausting its land bank here at Batu Kawan, whats next for Tambun Indah? Do not forget that all this while, this developer is actually a mainland Penang and has not ventured out of mainland Penang (except for a condominium projects in Penang Island).

For me, i will hold this share until RM2.00 (and slightly beyond) and disposed everything. It may continue to stay within this range of Rm1.90 to RM2.10 until the year end given its generous dividend policy and the continual rolling out of projects and good take up rate of its housing project. There is simply no more land in Penang Island and the middle class is forced out of Penang Island to live on the mainland and the Penang 2nd link provide that access. Also, lots of investments are now pouring into Batu Kawan. All these factors will support the current share price of between RM1.90 to RM2.10. Anything beyond this, better go for MahSing.

for me - i think RM2.00 is a fair price for this share. Will sell all my holdings at Rm2.00

Yes. That is also my main concern. What is Tambun INdah's future plan after Pearl City? Not much is disclosed about their future business planning.

Anyway, i am going to offload all my TI shares when it hit RM2/-.

yeah - a damn good run for today

THIS ONE DEFINITELY SUPPORTED BY KWSP - SIGH - ALL MY MONIES - USE TO STAGE A WAYANG KULIT

well....i think RM2.00 is a very fair price. Let us not get ahead of ourselves. Look at MahSing - its share price is at RM2.1x and it is alot bigger than TI. POint is - Mah Sing is quite undervalued.

Hopefully, MahSing will focus on township development catering for middle income group ( the best market segment in view of this cooling down measures introduced by Federal government).

never say never - it is already RM1.82 now

no..no...tomorrow is RM1.90 - hahaha

woohooooo.....go go go - ale ale ale....

RM1.73 liaw... faster increase some more