0.40 is very near...

Haiii...u again ahhh....today up 2 sen...Next week will up 3 sen more...joiin lai chi pet...

It is reported in Edge tat Its 55 acre of setiawangsa is selling at a price tag of 200 million...and there are potential buyers for it...It is a matter of time they will close the deal soon...Just imagine a whopping 200 mil will deliver a big boost to its balance sheet...at least 5 sen dividend for sure...I believe Mk acquired the land at very low cost around 60 mil...So we can expect at least 130 mil of NET PROFIT sufficient to pay u 5 sen dividend in the future when sold...If its Setiawangsa land can fetch so high price nowadays, think of how high its Damansara Perdana land could have soared...it is a shame Mkland is still traded below 0.40 when it is sitting of huge tract of valuable n expensive land, when revalued will a kick and tight slap to your unconvinced face...it is time to wake up!!!

Bear in mind tat MK acquisition cost of DAMANSARA PERDANA was very very low 30 yrs back...So any sale of tis land will bring bumper profit...Damansara damai land acquisition cost was much much higher...

Just sold half after ex dividend...then slowly acquired back when it plunged to 0.34-355...Bought back because its land sale to Empire mammoth last yr for 82 mil might be reflected in tis 2nd qtr fin result...net profit fm the land sale I estimated is at least 50 mil...after minus admin n misc charges could be around 40++++ mil net profit alone haven combine profit fm operation...So 2nd qtr might post one time bumper profit....dividend 2 sen hopefully

Close at 0.38...Monday show time!!!!

Quarterly result might be out later...

Finally it is moving...

MK IS COMINGGG!

Hopefully its new launchings are selling well...

Already bought back some after dividend EX....Anyway the longer MK keep DP land the more valuable it is...Its RNAV will rise year to year...Actually no need to launch any projects, sell land already enough to send the price to 1.00...Just sell all the 230 acre DP land to empire mammoth then MK share price will be worth at least 1.50 per share...hope they will do that n declare 1.00 special payment to all the shareholders....

It is 2.50 per share in surplus revaluation....Finally 2.50 plus its latest NTA 0.98= 3.48 RNAV...So MK might worth above 3.00 RNAV per share...I might be wrong in my calculation formula, pls do ur own analysis and tell me ur result...Good night!

Let's do a simple calculation of Mkland's total landbank value...I might not be correct but I will stick to estimate current land value Psf...230 acre in Damansara Perdana= 2 bil, 210 acre in Damansara Damai= let say estimate 1 billion, 4000 acre in perak= 500 mil estimate, 55 acre in Setiawangsa = 140 mil, 400 acre in kedah = 150 mil estimate...TOTAL up is 3.7 billion...So 3.7 mil deduct its reported 700 mil land held for development in its balance sheet u will get 3 bil of excess revaluation...So 3 bil divided by its 1.2 bil total share outstanding u will get??????

Mkland must sell at least some land in Damansara Perdana tis year otherwise its 2017 financial profit will be under pressure...No need much, just 10 acre of DP land will do to secure a steady income to maintain good dividend...10 acre of DP land will surely worth at least 100 mil enough to pay 4 sen dividend per yr...It still has 230 acres total landbank in Damansara Perdana and about 210 acre of landbank in Damansara Damai Sg Buloh...RNAV stood at around 2.20-2.30 per share compare to its current share price of 0.365...crazy discount to its RNAV...it still has 4000 acre landbank in perak which they will start to develop tis yr, and the rest in setiawangsa KL n some in kedah, langkawi...230 acre of land in DP alone is worth at least 2 billion+++ currently...the remaining of 4770 acre landbank u count yourself ok...

Haha...Calvin don be so naive...u think they are so stupid to sell building assets or their stakeholding to pare down its high gearing ahhh...NO they won't, they will just use its high gearing reason to ask more fresh fund fm shareholders to settle debts...i donno how much mulpha shares u 've acquired at low price tat is why u are promoting so hard so tat they will buy it fm you at high price...u only tell the good things about Mulpha BUT u din even dig out its most ugly side at all...

Don believe me? just watch n see and believe...

How are they gonna settle its high borrowing? It is by using back ur fresh money to settle it next time...So I m very very very SURE another right issue will happen again maybe 1 or 2 yrs from now...be prepared...total cash got 500 mil +++...total borrowing 2.3 billion +++...U need to figure out n tell me...

When u buy Mulpha u are gonna carry n shoulder their 1.7 bil net debt...BUT it's asset they definitely won't share wit u...Tis is evident when they sold its Hilton hotel in Melbourne, not a single cent was given back to shareholders as reward...Not even a single dividend or special payment...In fact Right issue is the greatest sign of a balance sheet weakness...A good company will never ask for Right issue or private placement...1.7 billion net debt is a huge borrowing just imagine how much interest need to pay per year...It's management under Lee Sent Huang is really selfish n cunning...U buy mulpha u only get debt burden...all of its asset n profits is for the management to enjoy NOT u....

I will never buy mulpha till they are willing to share with shareholders by giving dividend...Pls don forget its is very very high gearing with 1.7 billion net debt...I m sure after tis right issue, they will surely exercise right issue again to repay its high borrowing soon...So in the end its shares are always diluted n low value...Mulpha is the worst company ever listed in Bursa...U don ve to trust me...Just watch n see...profit improving but u won't get any dividend forever as they always need to settle their high borrowing with the cash flow fm operation...

Of course...Dividend is coming....

How come everybody is dead silence on tis counter???? Where are all the Mk 's comrades...

YAHOOOO JOLIN the Pussy n moron Lai Chi Pet crying again for losing money again in the stk market...u invest like a pussy tat y u lose money all the time moron...

Woohuuu Jolin Lai the pussy Lai Chi Pett...really pity u are losing money again in Symlife...I really hope tat symlife will drop to 0.50 IF u are holding it...cos I don wanna see u prosper...haha! The next to go down is mkland...don be sad yea

Its affordable housing project in Klebang putra, lembah beriah will kick start tis coming 2nd half of 2016 with over 500 mil GDV for the first phase spanning over 200 acres of land out of its 4000 acres of total landbank in perak...pls hear tis jolin Lai Chii Pett...I don wan u to lose money in the stock mkt again...really pity!

I already disposed half of my holding in Mk at 0.42-0.45...Maybe it is time to grab it back...dividend of 1 cent is coming next mth...yea it is time to buy back...

Where are u babe oh chi pet?

Why it is time to buy now?

Chilli Petttt R u there? Got hear me or not?

Fuiyoooh...U also got buy ASB ahhh Chii Pettt...I guess u must ve bought at high price tat y u started to cry again...I really pity u moron cos all counters tat u bought only bring u losses...it just means one thing...tat u are just plain MORON aka Chi Pet tat Wil never earn a single cent fm the stock market haha!...pity u much...

ASB is now trading at its cash per share of 0.11...So its all others building assets are free...164 mil cash in hand n short term deposit of 164 mil minus all its debts= 76 mil...76 mil divided by its total 664 mil shares = 0.115...it is deeply undervalued even though it is loss making...it is a net cash company...undervalued....

2016 is a black year for ur stock investment remember tat....Ohh baby

Let there be curse in ur fortune tis yr with every stocks u own come crashing down...oh baby Jolin Laiiiii Chiiii Petttt....

Haha Chi Pet did u lose a lot of money lately...I m totally sure about it as u like to bug at others when u lost money...Tat is how I smell u fm afar Jolin Lai Chi Pet...Anyway 2016 will bring u more downfall n losses...don say I din warn u k...more downside for u!

It is time to sell tis crap....I bet 10 yrs later the share price might still be trapped at 0.35...the management just doesn't care about creating values for shareholders...So don waste time anymore...

What a shame tis 8- year bull market failed to ignite Mkland...it's 0.80 target price is just a laughing joke...it is so funny....

Therefore I m calling for a SELL on tis counter due to its slow project n weak target launching...Given its size n large share outstanding Mkland is supposed to achieve at least 10 bil in GDV project development...Currently it is even less than 1 bil GDV...Pls don waste time developing its landbank in perak as its is low cost housing development, it won't bring in much profit...it is still a SELL call for me with fair value of 0.28 only...SELL as it is not worth waiting for tis slow snail...it is almost 9 yrs since 2008 recession n Mkland is still trading below 0.40...What has gone wrong???

Sold another 100 lot

Sold 100 lot at 0.365 today...more disposal tomorrow...

I m selling now...

Price will surely fall back to 0.31-0.33 soon...Dividend I predict will only be 2 sen for 2016 instead of 3 sen last year

1) property recession, 2) bad name n reputation 3) weak management 4) uninteresting property launching...these factors will surely draw investors away fm mkland...unless management do something extraordinary great to change investors perception of tis counter, there is no way it could rise back...

10 tahun masa depan...Sabar! 10 years AT LEAST...

Property sector will plunge to vicious cycle before it bounces back for recovery....

It is 10 yrs long term price target...if u factor in the coming 2018 stock market crash plus the property recovery it will surely take at least 10 yrs time...if we can't wait tat long, then switch to other speculative stocks...

Wahhh so quiet now ...

Good doesn't mean it is a good investment...pls take note....I said good doesn't mean u need to buy it...

I pick u....

Symlife ready to explode anytime...small developer but very aggressive and ambitious to be the very best...

Ppl like to buy overvalued stocks...

Without property theme play there is no way property stocks gonna lift up....