This bursamaster should change his name to bursamonster ler. Check his blog, sanichi, smtrack, Appasia,domlite, mtouche.............................most of the stocks he mentioned, fall badily, included Mkland today. I think he shouldnt write any blog. His TA is very lousy
n This MK Land with an NTA of 99 sen a share is now available at only 14.5 sen. What a under valued gem not noticed by the public. This stock if buying has a very great potential of going up 300 to 400% and yet can consider cheap at 30 or 40sen. If only the group does a restructuring exercise like share splitting or share consolidation. It will fly like nobody business. Take for example. What if MK Land goes for share splitting 10 for 1. Now at 14 sen, the new share after splitting will automatically be adjusted to 1.5sen. So it is an automatic gain of 10% allready. But following the splitting, share prices are expected to move into step of 0.5 sen a share. Therefore, if move up 0.5 se, MK Land price will become 2.0 sen which is already 30% increase. What a good idea if MK Land do proposes such a move in the near future. THINK ABOUT IT. MK LAND DIRECTORS. Either way, doing a share split or share consolidation (both ways) will increase MK Land shares upward tremendously because if consolidates, their NTA will become higher and higher. For example, if MK Land proposes 10 shares to 1, automatically their NTA becomes RM9.90 per share. What an idea? How can RM9.90 NTA share be selling at RM1.40 ? Right? Just THINK. MK Land directors can do it so easily.
Yes. MK Land can do it and MK Land is moving towards its NTA of RM1-00 price. Today 29/12/2020, MK Land closed at 21 sen after breaching 22 sen half an hour before close. Congratulations to Bursamaster for highlighting MK Land. Thank you very much. You are excellent.
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Posted by evacla60 > 2020-09-22 09:54 | Report Abuse
cashflow from operation is low. liquidity problem