I think MKH will come up with products that are below RM300k. They have already planned some projects in Kajang South. The announcement of waiver of stamp duty for house below RM300k first time buyers will definitely be a boon to the company. Medium and medium higher cost apartments are also profitable because they come with less facilities and amenities. The cost to build is lower. MKH has a lot of experience in building this type of products.
I was overseas when MKH touched 3.00 briefly and sold all. I didn't read KYY's article downgrading the construction sector including MKH and its subsequent decline. Anyway those jittery about the industry sold a lot yesterday so today will see the price consolidating. RM2.87 as I write.
I dont think so but future mkh was split property n plantation company maybe like sunway suncon got share plantation n special dividend,this my own view if buy n sell pls consider
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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....
Collin Soo
894 posts
Posted by Collin Soo > 2016-10-14 09:27 | Report Abuse
Chen still hold 23% of warrants. Why we need to sell?