Posted by BPenguin > 2016-06-09 18:46 | Report Abuse

Huge volume and long red candle today!! Is this a good sign?

Posted by euan8888 > 2016-06-10 09:33 | Report Abuse

another useless share

Posted by bktay123 > 2016-06-10 09:46 | Report Abuse

Useless and boring!!

Posted by johotin88 > 2016-06-10 15:41 | Report Abuse

What happened ? Any bad news ?

Posted by darrenliew > 2016-06-10 17:14 | Report Abuse

PAVILION GROUP BOSS, A BILLIONAIRE, CONTROLS MALTON.. HIS GROUP IS DOING WELL.
MALTON'S BUKIT JALIL PROJECT ALSO REGISTERED VERY GOOD SALES TAKE UP RATES.
MALTON ALSO RECEIVED CASH RM154M FOR EXERCISING ITS PUT OPTION IN THE BUKIT DAMANSARA PROJECT. CAPITAL GAINS MADE SHOULD BE INCLUDED IN IT'S 4Q PROFITS.
MALTON'S 4Q RESULTS AND FULL YEAR'S PROFITS SHOULD BE SATISFACTORY.
MALTON'S NTA IS 1.61. CONSISTENT DIVIDEND PAYOUTS 3 SEN IN THE PAST. LIKELY HIGHER THIS YEAR.

Posted by darrenliew > 2016-06-10 17:18 | Report Abuse

PAVILION GROUP BOSS, A BILLIONAIRE, CONTROLS MALTON.. HIS GROUP IS DOING WELL.
MALTON'S BUKIT JALIL PROJECT ALSO REGISTERED VERY GOOD SALES TAKE UP RATES.
MALTON ALSO RECEIVED CASH RM154M FOR EXERCISING ITS PUT OPTION IN THE BUKIT DAMANSARA PROJECT. CAPITAL GAINS MADE SHOULD BE INCLUDED IN IT'S 4Q PROFITS.
MALTON'S 4Q RESULTS AND FULL YEAR'S PROFITS SHOULD BE SATISFACTORY.
MALTON'S NTA IS 1.61. CONSISTENT DIVIDEND PAYOUTS 3 SEN IN THE PAST. LIKELY HIGHER THIS YEAR.

Posted by darrenliew > 2016-06-10 17:21 | Report Abuse

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.
ADVERTISEMENT
“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

Posted by darrenliew > 2016-06-10 18:18 | Report Abuse

DESMOND LIM, CONTROLS BOTH PAVILION AND MALTON GROUPS. HE IS A VERY SUCCESSFUL IN HIS CONSTRUCTION, PROPERTY DEVT BUSINESSES AS EVIDENT IN THEIR PROFITABLE OPERATIONS. EG. PAVILION MALL BUKIT BINTANG.
THEIR BUKIT DAMANSARA PAVILION MALL CUM HIGH END CONDO SUITES AND OFFICE PROJECT IS BACKED BY THE CANADIAN PENSIONS GROUP WHICH INVESTED RM485M CASH INTO THIS PROJECT. WILL BE HIGHLY SUCCESSFUL DUE TO ITS VERY STRATEGIC LOCATION IN THE MOST PRIME REAL ESTATE AREA IN KL. SURROUNDED BY MATURED HIGH END RESIDENCES AND COMMERCIAL DEVTS IT IS WELL CONNECTED BY ALL TRANSPORT INFRASTRUCTURES, INCLUDING THE NEAR COMPLETED MRT.

DESMOND IS KNOWN FOR HIS PRUDENT AND DILIGENT BUSINESS EXPERIENCES.
HIGH CONFIDENCE IN HIM

Posted by nkk53 > 2016-06-11 09:35 | Report Abuse

pick up below .68

Posted by JamesPond > 2016-06-11 14:38 | Report Abuse

The Sig.Shop Offices GDV =RM543M, Park Sky > RM1b, both >95% sold. New 2 block The Park2, don't know how many sold. That is BJC. Construction project, Royale Pav = RM208M, PBD demolition,etc =RM703M. That in total >RM2.4B!!! and does not include the new 2 block, SK One Res (> 95% sold),Pengerang shops. These are projects that have started construction works. Of course there are still those that should be starting soon where we do not know what GDV yet, such as BJ Pavilion Mall and the main structure construction works for Pav PBD. There are still those which we have no idea when it will start/launch but mentioned by Tan Sri in his Chairman's statement in the Annual Report such as UK Spring & Amaya Duta. So the future, does looks good for Malton. BTW, Darrenliew, the gain on the put option had been recognised in 30.06.15

Posted by euan8888 > 2016-06-17 15:35 | Report Abuse

journey to the west!

Posted by nkk53 > 2016-06-18 17:25 | Report Abuse

be patient with malton

Posted by JamesPond > 2016-06-20 10:33 | Report Abuse

Today's star has article saying Ecoworld buying 300 acres land from Batu Kawan Dev (formerly Abad Naluri). It is the same piece of land purportedly JV with Malton in 2012.Anyone any idea what is happening there???

Posted by fong7 > 2016-06-24 16:43 | Report Abuse

malton is selling it to ecoworld? that's a bad news for malton if it didn't distribute special dividend to shareholders.

Posted by fong7 > 2016-06-24 16:49 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/06/20/eco-world-eyes-batu-kawan-land/

Posted by hng33 > 2016-06-27 11:57 | Report Abuse

bought malton at 62.5-63sen

Posted by MrPouper > 2016-06-27 12:18 | Report Abuse

collapsed

Posted by JJchun > 2016-06-27 13:15 | Report Abuse

any bad news, sell like no tomorrow

Posted by JJchun > 2016-06-27 15:09 | Report Abuse

oh, malton lost its batu kawan JV

Posted by GoldenShares > 2016-06-27 16:12 | Report Abuse

managed to buy 60 lots at 0.625, : )

Posted by m7n7 > 2016-06-28 14:08 | Report Abuse

Malton just make announcement. One off gain RM50 million + interest savings on RM94m at 7% p.a. = RM56.58m less tax 24% = RM43million net gain. Maybe will pay higher dividend. Add another RM0.10 to the net assets
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5134257

Posted by m7n7 > 2016-06-28 14:08 | Report Abuse

Malton just make announcement. RM50 million gain + interest savings at 7% on RM94m so additional net gain is RM57 million

Posted by darrenliew > 2016-06-28 17:53 | Report Abuse

CORRECTION. ONE -OFF GAIN IS ONLY RM36M (THE REVOCATION FEE IS RM50M)
COMPLETION TIMELINE WILL BE 1ST QUARTER 2017 ASSUMING THE MANY APPROVALS AND PROCEDURES NEEDED TO BE COMPLIED WITH AND THE GREEN LIGHT GIVEN.

Posted by GoldenShares > 2016-06-29 10:18 | Report Abuse

improve liquidity, reduce gearing, locked in profit, yes, good deal, : )

Posted by m7n7 > 2016-06-29 17:03 | Report Abuse

darrenliew ... when u reduce gearing, your borrowings also reduce resulting savings on interest cost which the company did not highlight it. In view of improvement of capital structure, the beta factors will improve significantly.

Posted by fong7 > 2016-06-29 20:13 | Report Abuse

malton's ceo and major investors are all extreme low profile.
therefore, malton cannot get any attention from investors for many years.

Posted by MrPouper > 2016-06-30 11:12 | Report Abuse

Rubbish counter

Posted by GoldenShares > 2016-06-30 16:54 | Report Abuse

sold all at 0.655 - 0.65, locked in profit , free up capital, yup, this counter, tak boleh pakai, : )

Posted by wonder > 2016-06-30 17:04 | Report Abuse

wait RM1 la

Posted by hng33 > 2016-06-30 17:43 | Report Abuse

Compensation of RM 50m will result net gain of RM 36 m to Malton, give rise to one off increase in EPS of 8.1 sen. In addition, a total of RM 94m borrowing will be fully assume by Eco world, resulting less RM 94m in Malton balance sheet, translating into increase NTA of 21 sen.

All in, one off net profit and reduce borrowing will result total increament of 29 sen on top of current malton NTA.....from RM 1.59 to become RM 1.88.

Posted by wonder > 2016-07-01 09:58 | Report Abuse

eps 8.1sen how come you add 29 sen?

Posted by m7n7 > 2016-07-01 10:35 | Report Abuse

Even if not good counter, 3 cents dividend / 64 cents still around 4.9%

Posted by hng33 > 2016-07-01 10:51 | Report Abuse

wonder

These is because eco world will assume Malton borrowing RM 94m which Malton advance to JV company after termination contract. Thus, RM 94m will be taken out from Malton balance sheet, implying low gearing, boost NTA as much as 21sen. These 21sen will add on to malton net compensation of 8.1sen to become total 29sen top up to Malton NTA.

In short, termination JV contract, resulting Malton reap compensation of RM36m and at the same time reduce RM 94m borrowing....

Posted by wonder > 2016-07-01 11:00 | Report Abuse

i think no increase of Nta since the advance will be shown as asset in the latest balance sheet.

Posted by hng33 > 2016-07-01 11:07 | Report Abuse

wonder

If RM 94m borrowing show as assets in balance sheet...then, how can it be lower gearing !!?? ....

Posted by nkk53 > 2016-07-01 11:13 | Report Abuse

collect more

Posted by wonder > 2016-07-01 11:24 | Report Abuse

gearing=debt/equity

Posted by hng33 > 2016-07-01 11:38 | Report Abuse

wonder

You mean RM 94m borrowing show in balance sheet and at the same time theses RM 94m also show as assets in balance sheet. Then, if take out these RM 94 borrowing to be assume by eco world also mean take out RM 94m from the asset in balance sheet....resulted unchange effect to NTA?....but able reduce gearing due to reduce borrowing /equity...right ?

Posted by wonder > 2016-07-01 11:55 | Report Abuse

yupe.if my accounting knowledge dont fail me la
I buy Malton because the 1.5bil 90% sales achived of its Bukit Jalil project which will almost certainly help them to achieve better earnings in the coming years compared with the previous (baring in mind execution risk)
+more in-house construction works coming in

Posted by wonder > 2016-07-01 11:59 | Report Abuse

Also baring in mind the project is an approximately 80:20 JV between malton and ho hup

Posted by wonder > 2016-07-01 12:01 | Report Abuse

0.64 is 30% of the "future NTA" after adding in these almost confirm earnings without any serious hike in construction cost.

Posted by hng33 > 2016-07-01 12:04 | Report Abuse

wonder

Ok, thanks for your clarification. So, in the accounting, Malton will record one off increment 8.1sen hike in EPS, resulted NTA increase from RM 1.59 to 1.67, and improve gearing level

Posted by wonder > 2016-07-01 12:09 | Report Abuse

yes, base on my understading

Posted by hng33 > 2016-07-01 12:21 | Report Abuse

Thanks

Posted by JamesPond > 2016-07-01 12:33 | Report Abuse

The proposed revocation says 1) Pay RM50M, 2) Settle loan and 3) Settle advances to BKDSB. Loan is RM94M and advances [based on 30.06.15 AR is RM228,488,000]. Therefore, net cash inflow would be RM184M (50 + 288 - 94). As mentioned by Wonder, the NA should remain the same except for the RM36M. However, does this proposed revocation increased the bank balance by RM184M. Anyone????

Posted by wonder > 2016-07-01 14:59 | Report Abuse

I think the focus should be on Bukit Jalil Project not this Bkawan rescind deal

Posted by GoldenShares > 2016-07-01 17:49 | Report Abuse

very strong selling pressure, : )

Posted by TheContrarian > 2016-07-01 18:57 | Report Abuse

There appears to be some weak shareholder in Malton. Every now and then there's forced selling.

Posted by Skliew > 2016-07-01 21:37 | Report Abuse

Yes

Posted by MaBadri > 2016-07-03 16:07 | Report Abuse

going down