Today shows with historic volume for MCT for all time .still MCT unable to sustain n go down. No interest to goreng dis stock anymore.
Tomorrow if wanna green, volume need to beat this historic volume for MCT. Today already showing interest is depleting at evening time. So good luck for tmrw.
Based on our anecdotal study, focussing on the smaller size property companies as probable privatisation candidates, we conjecture that: (a) MCT (current price of RM0.18 vs net cash per share of RM0.32), (b) SHL Consolidated (current price of RM1.90 vs. net cash per share of RM1.56), (c) MUI Properties (current price of RM0.18 vs. net cash per share of RM0.11), and (d) KSL Holdings (current price of RM0.56 vs. net cash per share of RM0.25) could be potential “take-private.
DescriptionAuthority to allot shares pursuant to Sections 75 and 76 of the Companies Act, 2016.Shareholder’s ActionFor VotingVotedForAgainstNo. of Shareholders1711No. of Shares968,286,8535,312% of Voted Shares99.99950.0005ResultAccepted
DescriptionAuthority to allot shares pursuant to Sections 75 and 76 of the Companies Act, 2016.Shareholder’s ActionFor VotingVotedForAgainstNo. of Shareholders1711No. of Shares968,286,8535,312% of Voted Shares99.99950.0005ResultAccepted
MCT has scheduled three launches this year, including CasaBayu. The other two, which will happen in November, are the first phase of Alira in Metropark Subang (gross development value: RM310 million) and Aetas Damansara in Bandar Damansara, next to Tropicana Golf
CasaBayu, a new residential phase in MCT Bhd’s Cybersouth township, will comprise 80 low-rise apartments and 180 townhouses. The apartments are officially open for sale.
The RM159 million CasaBayu will sit on a 13-acre leasehold parcel in the 416-acre township in Dengkil.
There will be five 4-storey apartment blocks and each floor will have four units. The built-ups range from 926 to 1,098 sq ft and prices start from RM429,800. “We have received quite a good response. Of the 80 units, 68 have been booked,” says sales and marketing director Chee Kok Keong.

Although not required for low-rise apartments, Chee says the developer has decided to install a lift for each block
Photo by Haris Hassan/The Edge
Although not required for low-rise apartments, Chee says the developer has decided to install a lift for each block. “This is for the convenience of the occupants as well as ensuring the product is sustainable in the long run. If this is just a walk-up [apartment] without a lift, there will be no value for the upper-floor units in a few years’ time,” he says.
The townhouses are open for registration of interest. Chee says the launch will be in October and the show unit is available for viewing. The built-ups will be between 1,238 and 1,862 sq ft.
Chee says there has been a breakthrough in the townhouse’s architecture. The design for an earlier phase was squarish, but for the units in CasaBayu, it is more modern with a pitched roof.
“The pitched roof allows purchasers of the upper units of end and corner lots to open up the ceiling to build a mezzanine floor. Unfortunately, due to their structure, intermediate units will not allow for this addition,” he adds.
All units will have three bedrooms, two bathrooms and two tandem car-parking spaces.
CasaBayu is a gated and guarded, stratified development and the maintenance fee and sinking fund is 30 sens psf. There will be common facilities such as a swimming pool, multipurpose hall, mini park and children’s playground. Residents of both the apartments and townhouses will have access to the facilities.
About 30% of CasaBayu’s total acreage is reserved for greenery, says Chee. The back lane of the townhouses will have linear gardens.
The target market for CasaBayu is first-time homebuyers, upgraders, newlyweds and government servants working in the vicinity.
Update on Cybersouth
Launched in 2015, the RM5 billion Cybersouth is 20% developed. The 25-acre central park, which is the centrepiece of the township, is completed and the 30,000 sq ft clubhouse was recently opened.
CasaView and GreenCasa, the first and second phases respectively, offer 950 units, all of which were handed over at the end of 2018.
The occupancy rate of these two phases is 70%, which is quite high, says Chee. He says the buyers are mainly owner-occupiers.
Casa Bluebell (previously known as Bellevue) is the third phase and the first townhouse development in the township. The 264-unit development is fully sold and will be handed over in the second quarter of this year.
The fourth phase, Casawood, comprises 251 two-storey terraced houses. To date, it is 99% sold and will be handed over at the end of this year.
Last year saw the launch of the first commercial component — Parkplace 1 — in Cybersouth. Of the 37 shoplots that were released for sale, 51% have been taken up.
The township is accessible via the Damansara-Puchong Expressway, Maju Expressway, North-South Expressway, South Klang Valley Expressway and Putrajaya-Cyberjaya Expressway.
MCT BHD Last Price Today's Change 0.17 0.00 (0.00%)
Board: MAIN Sector: Property Avg Volume (4 weeks): 22,300,911 4 Weeks Range: 0.165 - 0.235 52 Weeks Range: 0.07 - 0.41 Average Price Target: 0.21 Price Target Upside/Downside: +0.04 MCT Bhd is a Malaysian investment holding company which is engaged in property development. The group's operating divisions include the development of residential and commercial properties, construction activities, providing civil and mechanical engineering services, investment holding. MCT also operates in hotels, fitness centers and provides provision of utility services and leasing of properties. The company generates the majority of the revenues from property development and construction activities through its operations spread in Malaysia. Date Range Close Volume 23/09/2020 0.165 - 0.175 0.17 26,308,700 22/09/2020 0.17 - 0.185 0.175 22,119,900 21/09/2020 0.175 - 0.195 0.175 44,091,700 18/09/2020 0.195 - 0.235 0.20 236,581,100 17/09/2020 0.17 - 0.19 0.19 21,531,800
dah Ada coverage oleh investment bank :) Maintain NEUTRAL. We make no changes to our TP, but increase our FY21F- 22F earnings by 3-6%, as we believe that property sales will only begin to be reflected in 1Q21F, at the earliest. Our TP is based on a discount to RNAV of 80%, as we maintain our concerns over the group’s internal reshuffling, and delays in launches.
property stocks should rise with such news KUALA LUMPUR (Sept 24): Eco World Development Group Bhd (EcoWorld), which posted a net profit of RM13.8 million in the third financial quarter ended July 31, 2020 (3QFY20), has secured total sales of RM1.25 billion in the four months after Movement Control Order (MCO).
"The bulk of these sales are backed by end-financing loans secured by our purchasers. This is testament not just to the good credit standing of our customers but also the immense support of the banking community for our projects which we are very grateful for," said its president and chief executive officer Datuk Chang Khim Wah.
He noted that the reintroduction of the Home Ownership Campaign in June 2020 also contributed to an uptick in buying interest.
expectations of better margins in coming quarters as the group continues to focus on cost control efforts and assuming there are no further hiccups in work progress. We think an improving economy in the coming months should also be positive for sales momentum
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Twowah123
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Posted by Twowah123 > 2020-09-18 16:18 | Report Abuse
Today shows with historic volume for MCT for all time .still MCT unable to sustain n go down. No interest to goreng dis stock anymore.
Tomorrow if wanna green, volume need to beat this historic volume for MCT. Today already showing interest is depleting at evening time. So good luck for tmrw.