AVALAND BERHAD

KLSE (MYR): AVALAND (5182)

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Last Price

0.29

Today's Change

0.00 (0.00%)

Day's Change

0.285 - 0.295

Trading Volume

924,900


5 people like this.

3,170 comment(s). Last comment by nemesis 2 days ago

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 14:55 | Report Abuse

Volume traded suddenly touched ~10mil :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 14:59 | Report Abuse

Volume started to rise, good indicator

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:06 | Report Abuse

LANDBANK INFORMATION
Estimated Gross Development Value (“GDV”) of
HIGHLIGHTS ANNUAL REPORT 2019 KEY PERFORMANCE MEASURES
58.8
Acres
Remaining landbank for current developments
TOTAL LANDBANK
317.3
258.5
Acres
Remaining landbank for future developments
SKYPARK @ CYBERJAYA
RM12.6 BILLION
MCT BERHAD
from on-going and future developments
UNBILLED SALES
Acres
RM584.5 MILLION
as at 31 December 2019
99.5%
SOLD
Duplex Studios
88.7%
SOLD
Service Apartments
99.0%
SOLD
SOFO Studios
100%
SOLD
Office Suites
100%
SOLD
En-Bloc Tower

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:21 | Report Abuse

MCT BERHAD
ANNUAL REPORT 2019 HIGHLIGHTS FINANCIAL
HIGHLIGHTS
Financial Results (RM)
Revenue
Profit before Tax
Financial Position (RM)
Total Cash and Bank Balances
Total Borrowings
Total Equity
Financial Ratios
Basic Earnings Per Share (sen)
Current Ratio (times)
Return on Equity (%) *Net Cash Position
NET ASSET PER SHARE
459,056,181 54,377,845
469,659,891 - 904,823,955 3.2 2.7 5.1%
TOTAL CASH AND BANK BALANCE
(RM)
469,659,891
469,659,891
344,354,396
12
Total Expenses
Profit attributable to Equity Holders
Total Current Assets
Total Current Liabilities
Net Assets Per Share (RM)
Net Debt-to-Equity Ratio (%)
(RM)
0.6
0.6
0.6
FY 2019
FPE 2018
FY 2019 FPE 2018

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:22 | Report Abuse

HIGHLIGHTS ANNUAL REPORT 2019 FINANCIAL HIGHLIGHTS
MCT BERHAD
330,879,384 78,021,275
344,354,396 335,670,491 861,154,453
4.1
1.3 6.9%
TOTAL EXPENSES
(RM)
138,422,309
Direct operating & general administrative expenses
6,403,290 19,652,222
4,568,526
5,935,932
Selling and marketing expenses
Finance costs
112,366,797
138,422,309
FY 2019
59,890,309
FPE 2018
49,385,851
CURRENT RATIO
(times)
2.7
PROFIT ATTRIBUTABLE TO EQUITY HOLDERS
(RM)
46,032,747
46,032,747
2.7
1.3
59,623,316
FY 2019
FPE 2018
FY 2019
FPE 2018

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:24 | Report Abuse

Tan Sri Dato’ Sri Abi Musa Asa’ari Bin Mohamed Nor was appointed to the Board as an Independent Non-Executive Director on 1 April 2015 and was subsequently re-designated as the Chairman of the Company on 3 April 2015. He is the Chairman of the Remuneration Committee and serves as a member of the Audit and Risk Management Committee and the Nomination Committee.
Tan Sri Dato’ Sri Abi Musa Asa’ari holds a Bachelor of Economics (Hons) from University of Malaya and D.D.A from University of Birmingham, United Kingdom. He obtained a Master in Business Administration from University of Birmingham, United Kingdom. He also holds an Honorary Doctorate in Economic Management from the Universiti Pendidikan Sultan Idris.
Tan Sri Dato’ Sri Abi Musa Asa’ari has served the Malaysian Government for 33 years in various departments including the Public Services Department, the National Bureau of Investigation, National Institute of Public Administration and Petroleum Development unit (under the Prime Minister’s Department), the Ministry of Finance and the Ministry of Agriculture. He joined Lembaga Tabung Haji as Chairman in 2007, serving the organisation until 2013. He had also served as Chairman in the Board of Directors of Universiti Pendidikan Sultan Idris.
Tan Sri Dato’ Sri Abi Musa Asa’ari is currently the Chairman of HeiTech Padu Berhad listed on the Main Market of Bursa Malaysia.
Age
70
Nationality
Malaysian
Gender
Male
BOARD MEETING ATTENDANCE
10/10
NOTES:
Save as disclosed above, none of the Directors have:
• any family relationship with any Director
and/or major shareholder of the
Company;
• any conflict of interest with the Company;
• have any conviction for offences within
the past five (5) years
(other than traffic offences), if any; and
• any public sanction or penalty imposed
by the relevant regulatory bodies during the financial year.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:25 | Report Abuse

Mr. Teh Heng Chong was appointed to the Board as an Executive Director Age and the Chief Executive Officer on 4 March 2019. He graduated with a 49 Bachelor’s degree in Economics from University Malaya, Kuala Lumpur
in 1995.
Malaysian
Mr. Teh has over 24 years’ extensive experience in the real estate industry,
and he was the Marketing Director of UOA Development Berhad from
February 2017 to January 2019. Prior to this, he was the Chief Marketing Gender Officer of MCT in 2016 and the Chief Operating Officer (Marketing) of Male Mah Sing Group Berhad from 2009 to 2015. Prior to 2009, he held various
positions in various companies.
TEH HENG CHONG
Executive Director and Chief Executive Officer
Nationality
He does not hold any other directorship in public companies and listed issuers in Malaysia

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:26 | Report Abuse

Tan Sri Dato’ Hj. Abd Karim Bin Shaikh Munisar, PSM, DSSA, SSA, KMN, ASA, was appointed to the Board as an Independent Non-Executive Director on 22 December 2015. He was later re-designated as the Chairman of the Nomination Committee on 24 February 2017. He also served as a member of the Audit and Risk Management Committee and the Remuneration Committee.
Tan Sri Dato’ Hj. Abd Karim holds a Master in Business Administration (Business Finance) from University of Edinburgh, Advanced Diploma in Economic Development (with Distinction) from University of Manchester, United Kingdom and Bachelor of Economics (Hons) from University of Malaya. He also attended an Advance Course in Urban Planning JICA at Tokyo, Japan.
In 1974, Tan Sri Dato’ Hj. Abd Karim was the Assistant Director at the Ministry of Finance, Malaysia. Between 1975-1980, he held different positions in various districts in the state of Perak as Assistant District Officer, Kinta; Chairman of Kinta District Council; Assistant District Officer 1, Kampar; Chairman of Kampar/Gopeng Municipal Council and also Assistant State Secretary of Perak (UPEN).
Tan Sri Dato’ Hj. Abd Karim was the Chief Assistant District Officer 1 (Land) of Kuantan District Office and Chief Assistant State Secretary of Pahang (Housing Division) in 1980; Deputy Director of Klang Valley Planning Secretariat, Prime Minister Department in 1982; and Chief Assistant State Secretary of Selangor (Local Authority Division) in 1987.
Tan Sri Dato’ Hj. Abd Karim also served as the President of Ampang Jaya Municipal Council from 1992 to 1996. He had an outstanding career in the government sector and was the President of Petaling Jaya Municipal Council in 2003 and 2004. Prior to that, he was the District Officer cum Acting President of Sepang District Council from 1998 to 2003. In 2005, he agreed to join the corporate sector and was appointed as President of Kumpulan Darul Ehsan Berhad. Tan Sri Dato’ Hj. Abd Karim was previously the Executive Chairman of various companies listed in Bursa Malaysia such as Kumpulan Perangsang Selangor Berhad, Kumpulan Hartanah Selangor Berhad and Chairman of Taliworks Corporation Berhad from 2004 to 2011.
He was also Chairman of various other companies namely Konsortium Abass Sdn Bhd, Titisan Modal Sdn Bhd, Central Spectrum Sdn Bhd, Cekal Tulin Development Sdn Bhd, JAKS-KDEB Consortium Sdn Bhd, Hydrovest Sdn Bhd and Perangsang Hotel & Properties Sdn Bhd. In addition, Tan Sri Dato’ Hj. Abd Karim was also a board member of Syarikat Bekalan Air Selangor Sdn Bhd (Syabas), Syarikat Pengeluaran Air Selangor Holdings Berhad (Splash), Cyberview Sdn Bhd and Alam Flora Sdn Bhd.
Tan Sri Dato’ Hj. Abd Karim is currently the Independent Non-Executive Director of Lion Posim Berhad (formerly known as Lion Forest Industries Berhad) and Jaks Resources Berhad both listed on the Main Market of Bursa Malaysia.
MCT BERHAD
TAN SRI DATO’ HJ. ABD KARIM BIN SHAIKH MUNISAR
Independent Non-Executive Director
Age
69
Nationality
Malaysian
Gender
Male
BOARD MEETING ATTENDANCE
9/10
NOTES:
Save as disclosed above, none of the Directors have:
• any family relationship with any
Director and/or major shareholder of
the Company;
• any conflict of interest with the
Company;
• have any conviction for offences
within the past five (5) years (other than traffic offences), if any; and
• any public sanction or penalty imposed by the relevant regulatory bodies during the financial year.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:27 | Report Abuse

Mr. Lao Chok Keang was appointed to the Board as an Independent Age Non-Executive Director on 24 February 2017, and was subsequently appointed 63 as the Chairman of the Audit and Risk Management Committee.
He started his career in a public accounting firm and is a member of the Malaysian Institute of Accountants.
He has held several senior management positions in large property development companies which include being the Chief Operating Officer of Saujana Triangle Sdn. Bhd., the developer for the 800-acre township development known as Damansara Perdana in Petaling Jaya, Selangor. He was also the Director of Murray Riverside Pty Ltd, the developer of a 1,000-acre mixed development in Western Australia.
Nationality
Malaysian
Gender
Male
BOARD MEETING ATTENDANCE
10/10
20
In 2004, he joined Setia Haruman Sdn Bhd, the Master Developer of Cyberjaya, as a director/chief operating officer and has since been responsible for the overall performance of the Company. In 2013, he assumed the position of Executive Director of Setia Haruman Sdn Bhd. He was re-designated Director/ Business Advisor in May 2016.
He does not hold any other directorship in public companies and listed issuers in Malaysia

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:27 | Report Abuse

Mr. Bernard Vincent Olmedo Dy was appointed to the Board as a Non-Independent Non-Executive Director on 3 April 2015, and is a member of the Remuneration Committee and the Nomination Committee.
He is the President and Chief Executive Officer of Ayala Land and also the Chairman of Prime Orion Philippines, Inc. He received his Undergraduate Degree in Business Administration from the University of Notre Dame in 1985 and earned his Master’s Degree in Business Administration and M.A. in International Relations from the University of Chicago in 1989 and 1997, respectively.
In 2015, he was inducted as member of the Advisory Council of the National Advisory Group for the Police Transformation Development of the Philippine National Police and in 2017, he was elected Vice Chairman of the Junior Golf Foundation of the Philippines.
Prior to joining Ayala Group in 1997, he spent 16 years outside of Philippines and held senior regional roles for multinational companies in Hong Kong and China.
NOTES:
Save as disclosed above, none of the Directors have:
• any family relationship with any
Director and/or major shareholder of
the Company;
• any conflict of interest with the
Company;
• have any conviction for offences
within the past five (5) years (other than traffic offences), if any; and
• any public sanction or penalty imposed by the relevant regulatory bodies during the financial year.
Age
56
Nationality
Filipino
Gender
Male
BOARD MEETING ATTENDANCE
9/10
He does not hold any other directorship in public companies and listed issuers in Malaysia.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:28 | Report Abuse

Ms. Anna Maria Margarita Bautista was appointed to the Board as a Age Non-Independent Non-Executive Director on 7 May 2015 and served as a 51 member of the Audit and Risk Management Committee.
ANNA MARIA MARGARITA BAUTISTA DY
Non-Independent Non-Executive Director
She is presently the Senior Vice President and member of the Management Committee of Ayala Land and Head of Strategic Landbank Management. Her other significant positions are: Director and Executive Vice President of Fort Bonifacio Development Corporation; Director of Cebu Holdings, Inc.; Director and President of Nuevocentro, Inc., and Alviera Country Club, Inc.; Director of Aurora Properties, Inc., Vesta Properties Holdings, Inc., CECI Realty, Inc., and Next Urban Alliance Development Corp.
Prior to joining Ayala Group, she was a Vice President of Benpress Holdings Corporation.
She graduated magna cum laude from Ateneo De Manila University with a Bachelor of Arts Degree under the university’s Economics Honors Programme. She earned her Master’s Degree in Economics from the London School of Economics and Political Science in the UK, and her MBA at the Harvard Business School in Boston, USA.
She does not hold any other directorship in public companies and listed issuers in Malaysia.
Nationality
Filipino
Gender
Female
BOARD MEETING ATTENDANCE

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:28 | Report Abuse

Mr. Apollo Bello Tanco was appointed to the Board as a Non-Independent Non-Executive Director on 23 January 2019 and was subsequently re-designated as an Executive Director and the Chief Operating Officer on 4 March 2019.
Filipino
Gender
Male
BOARD MEETING ATTENDANCE
9/10
NOTES:
Save as disclosed above, none of the Directors have:
• any family relationship with any
Director and/or major shareholder of
the Company;
• any conflict of interest with the
Company;
• have any conviction for offences
within the past five (5) years (other than traffic offences), if any; and
• any public sanction or penalty imposed by the relevant regulatory bodies during the financial year.
Mr. Tanco graduated cum laude from Central Philippine University, Iloilo City with Bachelor of Science in Commerce, Major in Accounting in 1987. He earned his Master of Arts in Applied Business Economics from University of Asia and the Pacific in 1994. He is also a Certified Public Accountant, who passed the Philippine licensure exams in 1987.
Mr. Tanco was Head of Project and Strategic Management Group and member of the Management Committee of Avida Land Corp., a subsidiary of Ayala Land. He served as an Assistant Vice President of Ayala Land and has been with Ayala Land for twenty-five (25) years being assigned to the residential group. Prior to this, he was the Project Development Manager involved in the master planning of Nuvali as well as other major land development projects of Ayala Land.
He is currently serving as a director of the Group and is also a director of MCT Consortium Bhd., a non-listed public company. Save for the above, he does not hold any other directorship in public companies and listed issuers in Malaysia.
APOLLO BELLO TANCO
Executive Director and Chief Operating Officer
Age
53
Nationality

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:29 | Report Abuse

Ms. Ma. Luisa Dioquino Chiong was appointed to the Board as a Age Non-Independent Non-Executive Director on 23 January 2019. Ms. Chiong 48 has subsequently resigned as a Non-Independent Non-Executive Director of
MCT on 31 May 2020.
Filipino
Gender
Female
BOARD MEETING ATTENDANCE
9/10
MA. LUISA DIOQUINO CHIONG
Non-Independent Non-Executive Director
(Resigned on 31 May 2020)
Ms. Chiong received her Bachelor of Science in Commerce Major in Accounting and completed the academic requirements for a Master in Business Administration degree from De La Salle University, Manila in 1991 and 1998 respectively. She is also a Certified Public Accountant, who passed the Philippine licensure exams in 1992 and is a member of the Philippine Institute of Certified Public Accountants.
Ms. Chiong is presently an Assistant Vice President of Ayala Land and Chief Financial Officer for two (2) of Ayala Land’s strategic business units. Prior to this, Ms. Chiong served as Group CFO of all ALI-Capital, Hotels, Resorts, and Offices Group of Ayala Land. She has been working with Ayala Group since May 1999.
She is currently serving as a director of the Group and is also a director of MCT Consortium Bhd., a non-listed public company. Save for the above, she does not hold any other directorship in public companies and listed issuers in Malaysia.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:29 | Report Abuse

Mr. Jaime Alfonso Antonio Eder Zobel de Ayala was appointed to our Board as a Non-Independent Non-Executive Director on 1 June 2020.
He currently heads the Business Development Unit of Ayala Corporation. He is also a board member of ACE Enexor, a utility services company in the Philippines that generates, transmits, and distributes electricity, as well as offers renewable energy, resource exploration, and plant development. Prior to this, he was the Head of Fixed-Mobile Convergence (Product Management) and Head of Business Development (Prepaid Division) of Globe Telecom. During his stint in Globe, he led the development and marketing strategy of Globe Switch, the most successful digital app in company history.
Before joining Ayala Group, he was an Analyst at Goldman Sachs Singapore under the Macro-Sales Desk (Securities Division).
He graduated from Harvard University in 2013, majoring in Government, and received his Masters of Business Administration from Columbia Business School in New York in 2019.
NOTES:
Save as disclosed above, none of the Directors have:
• any family relationship with any
Director and/or major shareholder of
the Company;
• any conflict of interest with the
Company;
• have any conviction for offences
within the past five (5) years (other than traffic offences), if any; and
• any public sanction or penalty imposed by the relevant regulatory bodies during the financial year.
Age
29
Nationality
Filipino
Gender
Male
BOARD MEETING ATTENDANCE
0/10
He does not hold any other directorship in public companies and listed issuers in Malaysia.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:30 | Report Abuse

KEY MANAGEMENT
TEAM PROFILE
TEH HENG CHONG
Executive Director and Chief Executive Officer
Age: Nationality: Gender:
49 Malaysian Male
Please refer to page 18 for Mr. Teh Heng Chong’s profile.
SUSAN JACOB SECRETO
APOLLO BELLO TANCO
Executive Director and Chief Operating Officer
Age: Nationality: Gender:
53 Filipino Male
Please refer to page 23 for Mr. Apollo Bello Tanco’s profile.
Ms. Susan Jacob Secreto is a Certified Public Accountant, passing the Philippine licensure exams in 1994. She earned her Degree of Bachelor of Science in Business Administration major in Accounting from University of the City of Manila. She was appointed as Chief Financial Officer of our Company on 4 March 2019.
She is an experienced manager with a demonstrated history of working in the real estate industry. Previously, Ms. Secreto was a Division Manager of Ayala Land and has been with Ayala Land’s Finance Group for 24 years. Prior to joining MCT, she was the Chief Financial Officer and member of the management committee of Ayala Land Offices (July 2017 to February 2019), Avida Land Corp. and subsidiaries (May 2014 to June 2017) and Amaia Land Corporation (March 2011 to April 2014). Prior to March 2011, she held various positions in Ayala Land in Philippines.
She does not hold any other directorship in public companies and listed issuers in Malaysia.
Age:
48
Chief Financial Officer
Nationality:
Filipino
Gender:
Female

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:30 | Report Abuse

MANAGEMENT TEAM
PETER CHIA PENG HAI
CHEE KOK KEONG
Age:
61
Head, Construction
Nationality: Gender:
Malaysian Male
Head, Sales and Marketing
Age: Nationality:
Gender:
46 Malaysian Male
AZNUL RIZAL
BIN ABU SHAHID
LIM TEK GUAN
Age:
Head, Design and Planning
Nationality: Gender:
Head, Property and Utilities Management
Age: Nationality: Gender:
42
Malaysian Male
55 Malaysian Male
30

LEADERSHIP ANNUAL REPORT 2019 MANAGEMENT TEAM
MCT BERHAD

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:31 | Report Abuse

MANAGEMENT TEAM
MCT BERHAD
YAW SHENG FUNG
KOGELEVANAN THINAKARAM
Age:
44
Head, Property Development
Nationality: Gender:
Malaysian Male
Head, Property Development
Age: Nationality: Gender:
43 Malaysian
Male
MUHAMMAD SYAFIQ SOH BIN ABDULLAH
ALEX LIM ENG KEAT
Head, Human Capital and Administration
Age: Nationality: Gender:
Head, Corporate Communication
63 Malaysian Male
Age: Nationality: Gender:
49 Malaysian Male

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 15:56 | Report Abuse

A lot of cheap shares are being grabbed. Once Q3 results released, sudden surge probably :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 16:00 | Report Abuse

Expecting 20sen+++ after Q3 results in tandem with RHB :)


$$$

Date Price Target Source News
22/06/2020 0.21 RHB-OSK Price Target

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 16:01 | Report Abuse

Normal tactic, push down a bit then refuel , then accelerate , right? :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 16:09 | Report Abuse

~18mil shares traded... highest level this month. Good news otw kot :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 16:23 | Report Abuse

20m shares ++ traded more to come

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 16:28 | Report Abuse

20mil shares traded+++ tengok graf boleh tentukan harga? :)

Date Close Volume
11/11/2020 0.165 13,969,900
10/11/2020 0.17 4,226,100
09/11/2020 0.165 2,449,000
06/11/2020 0.165 1,426,200
05/11/2020 0.165 5,242,300
04/11/2020 0.16 821,200
03/11/2020 0.16 1,197,300
02/11/2020 0.16 2,342,400
30/10/2020 0.16 1,966,000
28/10/2020 0.165 860,700
27/10/2020 0.17 2,462,800
26/10/2020 0.16 5,225,000
23/10/2020 0.165 1,280,200
22/10/2020 0.17 1,372,600
21/10/2020 0.17 2,382,800
20/10/2020 0.175 2,194,300
19/10/2020 0.175 8,758,600
16/10/2020 0.17 875,500
15/10/2020 0.165 626,200

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 16:36 | Report Abuse

Getting actively traded, Q3 results out teruk naik kot? Accumulate promptly by investors now. Menarik

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 16:42 | Report Abuse

Net cash company , mct, Q3 results positif ia Akan melambung kot? :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 17:09 | Report Abuse

World class top mgmt team even Ada Harvard university. Biz model bagus, net cash company, cash per share 32sen, net Assets per share ~60sen, p/b value ~0.25x, forecast by RHB-OSK valued mct at 21sen recently, owned by ayala Group even bigger than sime darby Group .

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-12 19:59 | Report Abuse

Good, Ayala Philippines satu famili dalam asean :)


KUALA LUMPUR (Nov 12): Malaysia welcomes the signing of the Regional Comprehensive Strategic Partnership (RCEP) which is scheduled to be held on the last day of the 37th ASEAN Summit that kicked off today.

In his intervention during the 23rd ASEAN-China Summit today, Prime Minister Tan Sri Muhyiddin Yassin said the signing of RCEP will reflect Malaysia’s unwavering support for the multilateral trading system and regional integration.

“Malaysia trusts that RCEP will be a game-changer in our efforts to increase the flow of investments and to encourage intra-trade within the region.

“As the global growth rate is expected to slow at roughly 3.5% between 2021 and 2025, we should double our efforts to ensure the sustainability of economic activities,” he said.

Muhyiddin also stressed that focus should be given to promoting trade and investment and maintaining the regional and global supply chains by tapping into the digital economy.

“As part of our efforts to build a stronger economic region post-COVID-19, Malaysia believes that ASEAN and China must fully tap the potential of the digital economy.

“We have learned a lot during this pandemic period from the increased use of online transactions in our daily lives,” he explained.

Further in his speech, Muhyiddin acknowledged the vital role of the digital economy in reviving the region’s economies as it will contribute to more job opportunities and encourage growth and business sustainability, especially for Micro, Small and Medium Enterprises (MSMEs) sector.

The Prime Minister is leading the Malaysian delegation at the biannual summit virtually from here (Kuala Lumpur) which runs till Sunday.

The summit is chaired by Vietnam Prime Minister Nguyen Xuan Phuc in his capacity as ASEAN Chair 2020 under the theme “Cohesive and Responsive ASEAN."

Also part of the Malaysian delegation is Foreign Minister Datuk Seri Hishammuddin Tun Hussein as well as Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.

ASEAN, established in 1967, comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-13 07:20 | Report Abuse

Volume surging :)

Date Close Volume
12/11/2020 0.16 21,326,100
11/11/2020 0.165 13,969,900
10/11/2020 0.17 4,226,100
09/11/2020 0.165 2,449,000
06/11/2020 0.165 1,426,200
05/11/2020 0.165 5,242,300
04/11/2020 0.16 821,200
03/11/2020 0.16 1,197,300
02/11/2020 0.16 2,342,400
30/10/2020 0.16 1,966,000
28/10/2020 0.165 860,700
27/10/2020 0.17 2,462,800
26/10/2020 0.16 5,225,000
23/10/2020 0.165 1,280,200
22/10/2020 0.17 1,372,600
21/10/2020 0.17 2,382,800
20/10/2020 0.175 2,194,300
19/10/2020 0.175 8,758,600
16/10/2020 0.17 875,500

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-13 07:20 | Report Abuse

Board: MAIN
Sector: Property
Avg Volume (4 weeks): 4,230,473
4 Weeks Range: 0.15 - 0.18
52 Weeks Range: 0.07 - 0.41
Average Price Target: 0.21
Price Target Upside/Downside: +0.05

Good123

26,596 posts

Posted by Good123 > 2020-11-13 07:43 | Report Abuse

ya lah mct blue chip penny stock, boleh simpan untuk pelaburan long term. Ayala lebih besar Dan Kaya daripada kumpulan sime darby

Good123

26,596 posts

Posted by Good123 > 2020-11-13 07:45 | Report Abuse

Barangkali, Ayala akan swastakan MCT kini, dulu bagi 88sen via mgo tapi shareholders degil tak mau Jual. kini offer 30-35sen ramai sanggup terima kot :p

Good123

26,596 posts

Posted by Good123 > 2020-11-13 07:54 | Report Abuse

Aku setuju Ayala swastakan MCT dulu. Ayala boleh relist later atau buat merger Dan acquisition sekarang

Good123

26,596 posts

Posted by Good123 > 2020-11-13 08:32 | Report Abuse

:) mirror msia :p

A GOOD BARGAIN"

Property prices in the city-state rose 0.8% in the third quarter to their highest level since 2013, while sales volumes jumped to a two-year peak, the latest data showed.

Singaporeans bought nearly 81% of all private apartments sold in the third quarter, the highest proportion since early 2009, according to an analysis by property agency OrangeTee and Tie.

Some buyers like Jenny Lin, a 26-year-old accountant, have viewed the pandemic as an opportunity to get on the ladder of the world's third most expensive housing market after Hong Kong and Munich, according to property consultant CBRE.

"When COVID-19 first started you could really get a good bargain on the property price, as many people were rushing to sell their properties away for quick cash to salvage their main business," said Lin, who expedited her purchase of a S$530,000 one-bedroom apartment in May.

Despite the turmoil of 2020, prices of private homes in Singapore fell only in the first quarter and have risen since.

By comparison, prices dropped for four consecutive quarters between the middle of 2008 and 2009, during the global financial crisis.

The overall price rise in 2020 has been modest at just 0.1%. But for buyers like 36-year-old asset manager Amy Zhang, who recently purchased a S$1.17 million investment property, Singapore real estate is a safe bet compared to volatile stock markets which she has invested in for years.

Good123

26,596 posts

Posted by Good123 > 2020-11-13 08:53 | Report Abuse

sabar. tunggu showtime starts Saja. kacak banget Dong

Good123

26,596 posts

Posted by Good123 > 2020-11-13 08:59 | Report Abuse

dijangka pulih/Naik anytime

Good123

26,596 posts

Posted by Good123 > 2020-11-13 09:32 | Report Abuse

wow mct sedang Naik, siapa cepat dia dapat

Good123

26,596 posts

Posted by Good123 > 2020-11-13 09:46 | Report Abuse

harga Yang mungkin ditawarkan jika diswastakan P/b value = 0.5x~<30,Sen, O.75x~45sen, 1x~60sen. net assets per share~60sen@30.6.2020

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-13 10:15 | Report Abuse

Betullah, if top mgmt of mct umumkan consider privatisation macam boustead, naik gila serta-merta kot... sabar :)

Good123

26,596 posts

Posted by Good123 > 2020-11-13 10:31 | Report Abuse

duduk diam2 tunggu showtime Saja :)

Good123

26,596 posts

Posted by Good123 > 2020-11-13 11:41 | Report Abuse

sedang isi minyak, tunggu roket ke Bulan :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-13 14:41 | Report Abuse

MCT Berhad is a Malaysia-based company, which is engaged in investment holding. The Company's segments include property development, Construction activities and others. The property development segment is engaged in property development of residential and commercial properties. The Construction activities segment is engaged in construction, providing civil and mechanical engineering services, as well as investment holding, operating in hoteling, fitness center and cinema cum seminar facility. The Others segment is engaged in investment holding, operating in hoteling, fitness center and cinema cum seminar facility, provision of utilities services and leasing of properties. The Company's projects include The Square @ One City, Sky Park @ One City, eCity Hotel @ One City, Garden Shoppe @ One City, 1 Avenue @ USJ, The Place @ Cyberjaya and The Place @ One City. The Company's subsidiary, MCT Consortium Bhd, is engaged in investment holding.

Top Executives
Name Age Since Title
Abi Musa Asa'ari bin Mohamed Nor 70 2015 Independent Non-Executive Chairman of the Board
Bernard Vincent O. Dy 56 2015 Non-Independent Non-Executive Director
Anna Maria Margarita Bautista Dy 45 2015 Non-Independent Non-Executive Director
Chok Keang Lao 61 2017 Non-Executive Independent Director
Heng Chong Teh 47 2019 Chief Executive Officer, Executive Director
Susan Jacob Secreto 47 2019 Chief Financial Officer
Apollo Bello Tanco 52 2019 Chief Operating Officer, Executive Director
Jaime Alfonso De Ayala 29 2020 Non-Executive Director

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-13 14:45 | Report Abuse

MCTB Historical Data
Time Frame:

Weekly
11/15/2019 - 11/13/2020

Date Price Open High Low Vol. Change %
Nov 08, 2020 0.160 0.165 0.175 0.155 21.33M -3.03%
Nov 01, 2020 0.165 0.160 0.170 0.150 11.03M 3.13%
Oct 25, 2020 0.160 0.165 0.170 0.160 10.51M -3.03%
Oct 18, 2020 0.165 0.165 0.180 0.165 15.99M -2.94%
Oct 11, 2020 0.170 0.175 0.175 0.165 10.59M -2.86%
Oct 04, 2020 0.175 0.160 0.175 0.160 23.65M 9.38%
Sep 27, 2020 0.160 0.175 0.175 0.160 23.85M -5.88%
Sep 20, 2020 0.170 0.195 0.195 0.165 122.16M -15.00%
Sep 13, 2020 0.200 0.165 0.235 0.165 268.27M 21.21%
Sep 06, 2020 0.165 0.180 0.190 0.165 20.31M -8.33%
Aug 30, 2020 0.180 0.175 0.180 0.170 16.46M 0.00%
Aug 23, 2020 0.180 0.190 0.195 0.175 21.87M -2.70%
Aug 16, 2020 0.185 0.190 0.200 0.170 48.18M 0.00%
Aug 09, 2020 0.185 0.170 0.210 0.165 91.13M 8.82%
Aug 02, 2020 0.170 0.170 0.175 0.160 21.62M 0.00%
Jul 26, 2020 0.170 0.175 0.180 0.160 20.06M -2.86%
Jul 19, 2020 0.175 0.175 0.180 0.170 6.19M 0.00%
Jul 12, 2020 0.175 0.190 0.190 0.165 14.04M -5.41%
Jul 05, 2020 0.185 0.175 0.190 0.175 25.46M 2.78%
Jun 28, 2020 0.180 0.180 0.185 0.170 15.06M 0.00%
Jun 21, 2020 0.180 0.190 0.195 0.180 7.03M -5.26%
Jun 14, 2020 0.190 0.195 0.200 0.180 22.82M -2.56%
Jun 07, 2020 0.195 0.210 0.210 0.185 34.10M -4.88%
May 31, 2020 0.205 0.205 0.215 0.195 47.73M 0.00%
May 24, 2020 0.205 0.210 0.210 0.185 65.30M 0.00%
May 17, 2020 0.205 0.210 0.230 0.200 99.44M -2.38%
May 10, 2020 0.210 0.220 0.235 0.205 97.76M -4.55%
May 03, 2020 0.220 0.200 0.235 0.200 169.85M 7.32%
Apr 26, 2020 0.205 0.200 0.225 0.180 185.52M 5.13%
Apr 19, 2020 0.195 0.180 0.210 0.175 210.79M 11.43%
Apr 12, 2020 0.175 0.150 0.200 0.135 291.04M 16.67%
Apr 05, 2020 0.150 0.155 0.165 0.145 88.36M 0.00%
Mar 29, 2020 0.150 0.100 0.170 0.095 172.05M 36.36%
Mar 22, 2020 0.110 0.070 0.115 0.070 105.47M 37.50%
Mar 15, 2020 0.080 0.135 0.135 0.075 75.15M -42.86%
Mar 08, 2020 0.140 0.200 0.200 0.120 28.40M -33.33%
Mar 01, 2020 0.210 0.215 0.230 0.205 11.05M -2.33%
Feb 23, 2020 0.215 0.240 0.250 0.210 17.88M -17.31%
Feb 16, 2020 0.260 0.280 0.295 0.250 22.72M -7.14%
Feb 09, 2020 0.280 0.270 0.285 0.260 22.11M 5.66%
Feb 02, 2020 0.265 0.255 0.280 0.240 37.20M -1.85%
Jan 26, 2020 0.270 0.310 0.320 0.270 32.93M -15.62%
Jan 19, 2020 0.320 0.310 0.340 0.305 65.92M 3.23%
Jan 12, 2020 0.310 0.315 0.325 0.300 30.22M -1.59%
Jan 05, 2020 0.315 0.335 0.335 0.305 56.05M -5.97%
Dec 29, 2019 0.335 0.310 0.365 0.310 71.73M 8.06%
Dec 22, 2019 0.310 0.310 0.345 0.300 48.47M 1.64%
Dec 15, 2019 0.305 0.320 0.330 0.300 44.56M -3.17%
Dec 08, 2019 0.315 0.390 0.410**** 0.300 72.78M -18.18%
Dec 01, 2019 0.385 0.305 0.410**** 0.300 111.53M 30.51%
Nov 24, 2019 0.295 0.220 0.340 0.220 76.10M 34.09%
Nov 17, 2019 0.220 0.200 0.220 0.195 5.58M 10.00%

Good123

26,596 posts

Posted by Good123 > 2020-11-13 15:31 | Report Abuse

Nor Shamsiah said going into 2021, growth is expected to recover, benefitting from the improvement in global demand and a turnaround in public and private sector expenditure amid various policy support.

She said the policy support measures included government measures such as KITA PRIHATIN and the recently announced Budget 2021, specifically the Bantuan Prihatin Rakyat, targeted wage subsidies and public projects.

Additionally, the continued financial measures and low interest rate environment are also expected to lend further support economic activity.

As for headline inflation, she said it was projected to average higher in 2021, primarily reflecting the higher projected global oil prices and the lapse in the impact from the tiered electricity tariff rebate in 2020.

Good123

26,596 posts

Posted by Good123 > 2020-11-13 15:36 | Report Abuse

bagus, less than 30% to acquire for privatisation if any Philippines' Ayala Land now controls 72.3% of MCT

CORPORATE NEWS

Tuesday, 20 Feb 2018

4:38 AM MYT

Good123

26,596 posts

Posted by Good123 > 2020-11-13 16:20 | Report Abuse

Nor Shamsiah also noted that the agility and adaptability of consumers have improved over the course of the COVID-19 pandemic, coupled with containment measures taken to prevent resurgence of the cases.

"There is much better understanding of the infectivity of COVID-19 and measures are getting more targeted. Hence, although COVID-19 will have impact, it will not be as much as before. This is also translated into a much better 3Q GDP number, which came out much better than the consensus forecast number," she said.

Posted by Moneyking543 > 2020-11-13 16:49 | Report Abuse

no more show... bye bye

Good123

26,596 posts

Posted by Good123 > 2020-11-13 17:27 | Report Abuse

It had made an offer of 88 sen a share to the minority shareholders. However, Kenanga Investment Bank Bhd has advised the minority shareholders to reject the takeover offer as the offer price was a discount of 50 sen or 36.23% over the estimated fair value per MCT Share of RM1.38 and described the offer as not fair.

To recap, Ayala Land first emerged in MCT in April 2015, soon after MCT’s listing on Bursa Malaysia. It took up 9.16% stake, which was part of a placement of shares at a price of RM1.28 a piece.

Six months later it bumped up its shareholdings in MCT to 32.95%.

In early January, Ayala Land emerge as a major shareholder of MCT, through its unit Regent Wise Investments Ltd, signed a share purchase agreement with Tan Sri Goh Ming Choon, a major shareholder of MCT, to buy 230.12 million shares, or 17.24%, for RM202.5mil cash, or 88 sen per share.

This brought Ayala Land’s holdings to 50.19% and firmly indicated its control of the local property developer.

Ayala Land is the biggest property developer in the Philippines. Its market capitalisation on the Philippine Stock Exchange is about RM53.69bil.

Good123

26,596 posts

Posted by Good123 > 2020-11-13 17:28 | Report Abuse

Ayala Land is the biggest property developer in the Philippines. Its market capitalisation on the Philippine Stock Exchange is about RM53.69bil.

Good123

26,596 posts

Posted by Good123 > 2020-11-14 06:53 | Report Abuse

mct's revenue will surge in Q3,2020 to be released next week probably. look at SP Setia's sales in Q3, 2020 for Malaysia.

Quarterly revenue, however, surged 226% to RM1.08 billion from RM331.3 million in the preceding quarter, as the property developer saw overall better sales in Malaysia after the Movement Control Order, and higher take-up at its Daintree Residence project in Singapore. The latest quarterly revenue is also up 16% from the RM932.07 million it recorded a year ago, when net profit came in at RM84.55 million.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-14 07:26 | Report Abuse

:)


Li expects the value-growth reversal to emerge again when one of the vaccine candidates under development is ultimately approved for use.

Even though there’s a long road ahead to widespread adoption of a vaccine, a successful Moderna trial would help cement the rotation into value stocks, small caps and cyclicals, said Solomon Tadesse, head of North American equity quant research at Societe Generale.

"If Moderna’s trial is as good as Pfizer’s, it provides a confirmation of the current belief that there is a clearer path to the end of the health crisis, ” he said in an email. - Bloomberg

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