Posted by ycbang > 2015-12-29 00:11 | Report Abuse

Will go down 50ts..

Posted by darrenliew > 2015-12-29 03:18 | Report Abuse

NOT REALLY TRUE FOR MALTON.
WELL ACCEPTED PRINCIPLE IN THE PROPERTY INDUSTRY, THE SINGLE MOST IMPORTANT FACTOR IS "LOCATION, LOCATION, LOCATION" MALTON'S LANDBANKS ARE MOSTLY STRATEGICALLY LOCATED IN PRIME AREAS. IN KL/SELANGOR AND BATU KAWAN, PENANG AND THESE AREAS ARE STILL DOING BETTER THAT OTHER LOCALITIES.
BUKIT DAMANSARA TOWN CENTRE BEING REDEVELOPED BY THE DESNOND LIM/PAVILON GROUP (OF WHICH MALTON IS A MEMBER} IS MOST PRIME WITH EXCELLENT ROAD NETWORKS TO BE GREATLY ENHANCED WITH 2 MRT STATIONS. BUKIT DAMANSARA IS ALREADY A WELL DEVELOPED MATURED RESIDENTIAL/COMMERCIAL TOWNSHIP CLOSE TO KL CITY CENTRE. ITS SUCCESS IS ASSURED. MALTON'S RM703M CONSTRUCTION JOB THERE IS SAFE. OPTIMISTIC MORE IN-HOUSE CONTRACTS WILL BE SECURED IN THIS RM2B PROJECT (49% OWNED BY THE CANADIAN PENSION FUNDS WHICH PUMPED IN RM485M CASH)
MALTON'S RM209M ROYALE PAVILON HOTEL IN B. BINTANG/RAJA CHULAN WILL ALSO BE SMOOTH SAILING.
HENCE, MALTON'S CONSTRUCTION ARM WILL BE DOING VERY WELL.

MALTON'S OWN DEVELOPMENT PROJECTS ARE ALSO DOING BETTER COMPARED TO OTHERS BECAUSE MANY OF ITS SMALLER PROJECTS ARE IN GOOD LOCATIONS AND HAD BE LAUNCHED 2 YEARS BACK BEFORE THE SOFTER PROPERTY MARKET SETS IN.

ITS MOST RECENT LAUNCH AT THE BUKIT JALIL CITY WAS VERY SUCCESSFUL.
IT IS NOTEWORTHY THAT ITS 50 ACRES THERE WERE ACQUIRED AT MINIMAL COSTS AS A RESULT OF AN AMICABLE LEGAL SETTLEMENT WITH HO HUP CONSTRUCTION.HENCE, MALTON IS NOT BOGGED DOWN BY ANY HEAVY FINANCING COSTS AS IT NEED NOT BUY THE PRIME LAND THERE. AND MOST SIGNIFICANTLY, ITS LAUNCH WAS VERY SUCCESSFUL, CHALKING UP A RM1B SALES. PLSE REFER TO THE NEWS ARTICLE NOW RE INSERTED FOR READERS' INFO:

Thursday, 26 November 2015
Malton hits billion ringgit sales
BY TOH KAR INN

Bukit Jalil City luxury serviced apartments "The Park Sky Residence"

PETALING JAYA: Malton Bhd has charted record sales of RM1bil on the back of its Bukit Jalil City development launch.
Malton and Pavilion Kuala Lumpur are collaborating to develop the 50-acre integrated development, which consists of Pavilion Bukit Jalil regional shopping mall, 112 units of Signature Shop Offices, four towers of luxury serviced apartments known as The Park Sky Residence as well as 44 units of Park Point Shop Offices.
The development includes a link bridge connecting residents to an 80-acre public park in Klang Valley.
“Initially, we had plans to launch only two out of the four serviced apartment tower blocks.
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“However, response garnered during the soft launch in June this year was overwhelming.
“We were surprised to receive that level of response as there had been a slowdown in the property sector.
“Therefore, the remaining two tower blocks slated for future launches had to be released to meet our customers’ demands,” said Malton Bhd Corporate Finance director Ng Chee Kiet after the group’s AGM yesterday

HENCE MALTON WILL CONTINUE TO DO WELL AND WILL OUT PERFORM IN FUTURE.

WATCH OUT FOR MALTON'S 2Q RESULTS WHICH I CAN FORESEE TO BE OUTSTANDING AS IT HAD RECEIVED RM154M AND EARNED A CAPITAL GAIN OF RM14M FROM EXERCISING ITS PUT OPTION. ITS CONSTRUCTION ARM IS DOING WELL WITH ITS RM703M AND RM209M CONTRACTS ( NO ISSUES IN GETTING ITS CONTRACT PAYMENTS BEING IN HOUSE AND DESMOND LIM'S/PAVILON INVESTMENT TRUST IS SOLID BESIDES BEING BACKED BY THE CASH RICH CANADIAN PENSION FUNDS.

WORTH WHILE REPEATING. ITS BUKIT JALIL'S PROJECT'S SALES WERE HIGHLY SUCCESSFUL.

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information

Posted by kkng0819kk > 2015-12-29 10:14 | Report Abuse

Back to 0.90 i pun tak mau minta apa apa lagi

Posted by kkng0819kk > 2016-01-02 10:59 | Report Abuse

bought 0.765

Posted by hng33 > 2016-01-19 11:05 | Report Abuse

Bought back Malton at 71sen

Posted by hng33 > 2016-01-19 15:35 | Report Abuse

Bought last and final Malton at 71sen, complete accumulation.

Posted by nkk53 > 2016-01-20 17:45 | Report Abuse

Bought 0.705

Posted by nkk53 > 2016-01-22 15:14 | Report Abuse

Bought 0.695

Posted by davidkkw79 > 2016-01-26 12:58 | Report Abuse

0.685 now ! Still wanna averaging ?

Posted by nkk53 > 2016-02-02 15:43 | Report Abuse

Can go lower ?

Posted by bowman > 2016-02-04 15:20 | Report Abuse

going higher. just watch

Posted by bowman > 2016-02-05 15:00 | Report Abuse

see?

Posted by davidkkw79 > 2016-02-11 12:48 | Report Abuse

Look like this counter has coming back....lately quite supporting.

Posted by bowman > 2016-02-14 22:05 | Report Abuse

TP 0.80

Posted by davidkkw79 > 2016-02-15 11:41 | Report Abuse

Look like this banker start to wake up and slowly pushing up price

Posted by bowman > 2016-02-15 17:47 | Report Abuse

see what i told you?

Posted by darrenliew > 2016-02-15 20:26 | Report Abuse

MALTON'S PRICES CONSOLIDATED WELL DURING THE PAST 2 MONTHS.
TODAY IS ONLY THE 1ST DAY OF ITS NEW UPTREND. ALREADY NEAR 0.80. IF EXCEED 0.80 TOMORROW ON HIGHER VOLUME, IT 'S A BREAKOUT TOWARDS 0.88 AND THEN TOWARDS 0.98-1.08.
CATALYSTS INCLUDE EXPECTED GOOD/BETTER QUARTER RESULTS DUE OUT THIS MONTH BASED ON ITS RECEIPT OF RM154 MILLIONS CASH FROM ITS PUT OPTION IN THE BUKIT DAMANSARA NEW TOWN CENTRE PROJECT (BY ITS RELATED PAVILION/DESMOND LIM / THE CANANDIAN PENSION INVESTMENT FUNDS). THIS PUT OPTION ALSO REGISTERED A CAPITAL GAIN OF RM14 MILLIONS FOR MALTON.
ONGOING CONTRACTS FOR THE 1ST PHASE OF BUKIT DAMANSARA PROJECT (703M) ROYAL BINTANG HOTEL (209M) CAN BE ENHANCED WITH NEW ANNOUNCEMENTS FOR
JOBS FOR THE 2ND PHASE OF BUKIT DAMANSARA PROJECT. THIS PROJECT IS PRIME BUKIT DAMANSARA POPULATED BY CASH RICH/HIGH NETWORTH RESIDENTS. IDEAL LOCATION TO BE FURTHER ENHANCED BY MRT1 WITH 2 TO 3 STATIONS THERE.
THIS PRESTIGUOUS PROJECT IS BACKED BY JOINT VENTURE PARTNER CANANDIAN PENSIONS INVESTMENT FUNDS WHICH PUMPED IN RM485M CASH.

ANNOUNCEMENTS OF ADDITIONAL CONSTRUCTION CONTRACTS INCLUDING FOR THE 2ND PHASE OF THE BUKIT DAMANSARA PROJECT AND FOR THE BUKIT JALIL PAVILION 2 PROJECT.
BESIDES LARGE CONTRUCTION CONTRACTS, MALTO HAS ITS OWN PROPERTY DEVT PROJECTS. ITS HI END CONDOS IN BUKIT JALIL WAS VERY SUCCESSFUL CHALKING UP SALES OF RM1 BILLION

BASED ON THE ABOVE, BUSINESS PROSPECTS ARE VERY BRIGHT.
WITH SUCH POSITIVE CATALYSTS, ITS PRICE UPTREND WILL CONTINUE TO STRENTHENED AT LEAST UP TO THE RELEASE OF ITS NEXT Q RESULTS BY THIS MONTHEND.

BEST IF NALTON CAN CAP IT WITH ANOTHE DIVIDEND ANNOUNCEMENT TO REWARD SHAREHOLDERS FROM THE 154M CASH RECEIVED FROM ITS PUT OPTION
(disclaimer: my above comments are purely for mutual exchange of market info only.
these are NOT a call to buy or sell Malton shares)

Posted by nkk53 > 2016-02-18 09:53 | Report Abuse

Can take small profit now

Posted by nkk53 > 2016-03-12 17:39 | Report Abuse

Buy back at 0.72

Posted by JamesPond > 2016-03-28 16:56 | Report Abuse

"Eco World Development Group Bhd is reportedly expanding its landbank in Batu Kawan on mainland Penang. The company, which currently owns 450 acres of leasehold land in Batu Kawan, is said to be acquiring another 300 acres of leasehold land owned by Batu Kawan Development Sdn Bhd, formerly known as Abad Naluri Sdn Bhd. Negotiations are underway and the transaction is expected to be finalised by early April 2016. It is learnt that the new piece of land located just off the Sultan Abdul Halim Muadzam Shah Bridge is being eyed by Eco World for a mixed used development project comprising landed and high rise residential units along with commercial space.

(NST, 16/03/2016)"

Extracted from Jones Lang Wootton. Similar article in The Edge Prop on 29.02.16. Is this land the same as the one in the JVA between Malton/Batu Kawan development. Anyone any idea??

Posted by davidkkw79 > 2016-04-01 10:31 | Report Abuse

WAH....STRONG REBOUND !

Posted by nkk53 > 2016-04-02 09:55 | Report Abuse

U need time and patience to profit fr. this stock

Posted by GoldenShares > 2016-04-06 15:55 | Report Abuse

what happen to its Batu Kawan project, : )

Posted by MaBadri > 2016-04-09 07:31 | Report Abuse

slowly up up

Posted by nkk53 > 2016-04-16 09:44 | Report Abuse

B kawan-up and coming prop. hot spot but dun know when????

Posted by MaBadri > 2016-04-29 17:12 | Report Abuse

coming

Posted by MaBadri > 2016-05-08 19:58 | Report Abuse

im in

Posted by bktay123 > 2016-05-09 14:47 | Report Abuse

i m in too

Posted by nkk53 > 2016-05-09 15:37 | Report Abuse

This share lama suda takdak jalan

Posted by MaBadri > 2016-05-09 17:51 | Report Abuse

nanti jln terus lompat

Posted by davidkkw79 > 2016-05-10 13:47 | Report Abuse

Terus masuk longgang

Posted by nkk53 > 2016-05-20 09:30 | Report Abuse

Crawing...... he... he..

Posted by nkk53 > 2016-05-24 17:22 | Report Abuse

Satu hari dia mesti mari

Posted by hng33 > 2016-05-24 17:24 | Report Abuse

Today also bought malton at 68sen

Posted by nkk53 > 2016-05-25 16:03 | Report Abuse

I too masuk 0.68

Posted by hng33 > 2016-05-25 17:18 | Report Abuse

Slowly, share price will recover back above 70sen

Posted by hng33 > 2016-05-25 18:49 | Report Abuse

Malton pose better q result, higher revenue, higher profit

Posted by hng33 > 2016-05-26 09:38 | Report Abuse

bought more Malton at 68sen

Posted by fong7 > 2016-05-26 16:18 | Report Abuse

looks like investors don't like the result.

Posted by hng33 > 2016-05-26 16:38 | Report Abuse

Bought more Malton at 67.5sen

Posted by nkk53 > 2016-05-27 17:08 | Report Abuse

Nx week buy again

Posted by nkk53 > 2016-05-29 11:08 | Report Abuse

Undervalued stock

Posted by Dlpz11 > 2016-06-03 16:16 | Report Abuse

0.695 should we get in?

Posted by nkk53 > 2016-06-06 18:11 | Report Abuse

Not buying now and regret later

Posted by bktay123 > 2016-06-07 09:18 | Report Abuse

Seems to have recovered from recent lows!!!!

Posted by bowman > 2016-06-08 08:57 | Report Abuse

Gap Up coming - watch out.

Posted by hng33 > 2016-06-08 16:50 | Report Abuse

Sold back all Malton at 71-71.5sen, lock in all paper profit, free up capital

Posted by bktay123 > 2016-06-09 09:44 | Report Abuse

down again!!!

Posted by euan8888 > 2016-06-09 09:46 | Report Abuse

brewing lim's coffee

Posted by GoldenShares > 2016-06-09 11:05 | Report Abuse

bought malton at 0.68, : )