many investors are short term fast in fast out trading type... the reaction of traders could be on the emotion side after seeing a quarter with less profit. ..very jitterly

thanks to everyone who shared their views here. Next support is 0.55

@fong7, don't forget that Malton hit high of RM1.7 before, like last year or 2 years back....if the big shareholder or big bankers want to suppress the price, what can small investor like us do? WE can only ride with them

@JamesPond, motorala not only making handphone leh, it's walkie talkie and radio frequency products are top notch and military grade. Agree with uptrending, management experience is key

@uptrending, that's very convincing data and analysis! I like

Banker is testing your patience now

Malton is at 80% discount, if some other hostile parties has the money they will do hostile takeover to buy out the remaining 40% from the market.

uptrending, wah, this one is even without BJC Pavillion put in calculation...
DISCOUNT..... INDICATIVE TP
50 %.................1.70
60 %.................1.36
70%..................1.02
80%..................0.68

Agree, and waiting for our 4% dividend this October

hi txfs, if it is going partial stake sale, does it mean Malton will continue to have sizable shares in BJ Pavilion, and that Malton get to earn recurrence stable income through BJ Pavilion rental?

Malton no China project. Malton busy with Bukit Jalil City and Pavilion project

big movement in few weeks or months. I'll be patience here

Top 30 hold up 61% shares, Tan Sri DL hold up 33% if not mistaken. Left perhaps 5 to 6% for retail investors like us.

KUALA LUMPUR (Aug 15): AllianceDBS Research said Malton Bhd (Malton) had on Aug 14 traded higher to 65 sen before closing near the day’s high at 64.5 sen (up 1 sen or 1.57%).

In its evening edition yesterday, the research house said Malton continued to trade above the 20-day (blue) and 50-day (red) moving average lines.

“Following the up close on Aug 14, the stock is likely to move higher with immediate hurdle at 66.5 sen.

“A crossover of 66.5 sen should see further price rise to the next overhead resistance zone, 70 sen – 71 sen.

“The support is pegged at 61 sen. A fall below 61 sen would put pressure on the stock down to the subsequent support zone, 56 sen – 57 sen,” it said.

AllianceDBS Research said stock volume traded on Aug 14 was 3.27 million shares compared to the 3-month average volume of 7.13 million shares.

There are many ways to rate Malton. Give PER5 of it's historical earning, should rate the company close to rm1. The sale of BJ pav will be added bonus.

TQ 叶子. That means 1600mil/528mil = RM3 potential special cash payout per share. However, Tan Sri will most likely use part of the money to pay for borrowings, and for future working capital. Let's discuss to quantify this together

Once it clear 70 cents, I hope it's an easy way up.

I just dig out an old news circa 2011. Year 2011, Tan Sri DL injected pavilion KL and paviion tower into pavreit. In return Tan Sri received cash ~rm700mil and PAVreit shares worth ~rm900mil. Fast forward today let's assume BJ Pavilion today worth 25% of 2011 pavilion KL + PAVILION tower, that's means worth rm400mil. Each makton share has upside of ~75cents! Like what txfs always reminded us, that BJ PAVILION is currently virtually free for us. It will be price in sooner or later!

uptrending, what is the mandatory take over shareholding %?
I search online not sure this is the latest info:

"As before, a MO shall apply where the acquirer has obtained control in a company or where the acquirer has triggered the creeping threshold. An offeror triggers the creeping threshold by acquiring more than 2% of the voting rights of a target in any period of six months where the offeror’s holding was more than 33% but less than 50% of the voting rights in the target."

Good insight from all, what can we expect today from Malton?

If PAVREIT paid Malton RM100mil in exchange for BJ Pavilion, and with Malton 528.14m shares in market, that translate into 19cents upside per Malton share :) How much is BJ Pavilion worth actually? I remember txfs or uptrending mentioned BJ Pav could worth RM250mil? that is close to 50cents upside for Malton share :)

what type of special dividends can we expect for this deal? :) can't wait to see. Could be in the form of special dividends paid directly to your bank account, or maybe some bonus PAVREIT shares for you? Also, don't forget if you keep longer till end of Oct, or early Nov, you'll get about 4 to 4.7% of annual dividends per today's price.

Strong buy queue at 63.5cents

Can collect more if it hit 62cents

good sharing uptrending. Hope everything turn out well. Let's give it a worst PE of 5 using trailing earning... And we know that un-bill sales once factored in, its EPS will only grow.

If putting shopping mall aside, counting on two income property and construction only, it should be rated higher PE.

yes, and look for longer terms, even if in future Malton is to inject Pavilion BJC into PavREIT, Malton share holders, you and I, shall receive some handsome dividends out of it.

@Wai Yoong, the price has moved up since low of 49cents, it hit high of 70.5cens earlier, can you see??

time to shake it shake it too....

big hands wanna shake us out...price may revisit low

for a different thought, if Malton intend to inject BJC into PAVREIT, it will create a big one time windfall profits/special dividends for Malton share holders. This is another route that Malton can do. Any thoughts?

@uptrending, TQ for digging up the 2017 annual report. When Tan Sri redeemed so many shares at RM1 each, does he need to really fork out RM1 for each share? Just want to learn up RCSLS.

Next theme to goreng is plantation?

@uptrending, really appreciate your visits there with latest progress report. It serves as good sign and determination of Malton to deliver on time to customers. All the best in our investment!

Txfs, I like the questions you asked. Very relevant.
@nemesis, I think Pavilion BJC mid term wise won't match mid valley popularity. However population at Klang valley will only grow. By 2020 estimated will be 10mil population. Need to disperse the crowd to different part of Klang valley....hope BJC can serve as one of the important catchment

L3ryan, I think even if give 50% discount to BJC Pavilion, the current price of Malton is still undervalued, that is why it attracted Canadian pension fund

Got chance

thanks for the enlightenment uptrending. Yeah, lots of global issues, despite all data (leading economic indicator) in USA are pointing to a resilient 2018 and 2019. We'll see S&P and DOW hitting record high this year

every banker stock has a trend, where it's price will bottom out, then first pull up, then pump low price to shake you out, then pull it up again....can we catch this stock?

agree, price up and down of a stock is what investors need to psychologically prepared. If no strong heart and psychology, better don't invest in stocks

Malton already cleared 68cents hurdle. It is quite easy to attack up liao from now on, next resistance around 79cents. Hope it can clear it!

Wake up plz

what happened is the fund likes Malton, the possible buying of stakes from Canadian pension fund, and good prospects from Bukit Jalil City sales. That's what I thought

TheEdge editor and value investor Mr Tong has buy call on property stocks.

today T+3 since the highest volume

agree with uptrending, I sure hope the price gap can close.
@5566337 the blogger cpteh could be big shark himself luring investors to sell at lowest point?

Malton got do Bandar malaysia ah? If got, sure good. Without Bandar Malaysia, its fundamental is already good, low PE, good Bkt Jalil sales figure (not been billed into the account yet), and RM890mil contracts on hand for 2 to 3 years to come. It should rise, funds are coming in since late May.

uptrending, there are quite many listed company developers actively involve in KL, may I know the reasons where Malton might be associated with this news that you talk about with FT Ministry/MACC?

@EST85, i believe what txfs meant is that its earning per share will only keep growing when unbilled sales materialize as profit in the account book. EPS will only grow, while long term wise supported by healthy order book of 859million.

ariffrazak, this counter NTA been ~RM1.6 for quite a long time, market only reward it ONE time only late last year when the price was close to RM1.6 RM1.7....I believe market will not use NTA to do valuation for this counter. They use PER