I talked to a research analyst on equities just about 10days ago, she agreed with me that the share worth a few ringgit if we can hold till the completion of BJC. :)
Both daily and weekly MACD are positive emanating buy signals. If today closes above 65sen, there will be 3 advancing white soldiers in the weekly chart ! :)
Disclaimer: Opinion and info shared here are not enticements for anyone to buy or sell the shares. If you do so, it is at your own risks. I have beneficial interests in Malton shares. :)
Outstanding RCSLS, current portion is rm25.6mil and non-current portion rm64.8mil, total rm90.5mil. Interest payment of the RCSLS is insignificant, not significant also even included the yearly progressive redemption of the RCSLS.
A sizeable sum of approx 145-170mil is coming in from the revocation of BK project soon....
Once the share price is above rm1, outstanding RCSLS will be converted to shares and there would also be proceeds from conversion of the warrants. :) :) :) 21/09/2016 19:33
RIGHT TIME AND GOOD PRICE (VERY UNDERVALUED) TO BUY. MANY CATALYSTS IN THE NEXT FEW WEEKS TO BOOST SHARE PRICE UP 1) DIVIDEND ANNOUNCEMENTS HAD ALWAYS BEEN DURING OCTOBER LIKELY HIGHER DIVIDEND DUE TO REASONS BELOW 2) RM50M RECEIVABLE FRO ECOWORLD SOON AS REVOCATION FEE FOR THE BATU KAWAN PROJECT. CAPITAL GAIN RM36.8M PLUS REDUCTION OF BORROWINGS BY UP TO RM170M AS ECOWORLD WILL PAY OFF THE RELATED FINANCING. 3) NEW/ADDITIONAL MULTI-BILLION CONSTRUCTION CONTRACTS (IN-HOUSE FROM PARENT PAVILION GROUP) FOR THE 2ND PHASE OF THE BUKIT DAMANSARA NEW TOWN PROJECT (PROGRESSING VERY WELL)
ALL THE ABOVE = IMPROVED FUNDAMENTALS AND CASH INFLOWS = HIGHER PROFITS FOR ITS NEXT QUARTERLY RESULTS
THE MEGA CONSTRUCTION CONTRACTS FROM ITS PARENT PAVILION GROUP FOR THE 2ND PHASE OF THE STRATEGICALLY LOCATED BUKIT DAMANSARA NEW TOWN CENTRE PROJECT TO BE ANNOUNCED SOON. FULLY SUPPORTED BY THE CANADIAN PENSIONS FUND WHICH INJECTED RM485M CASH INTO THIS PROJECT.
THE MASSIVE BUKIT DAMANSARA NEW TOWN CENTRE PROJECT BY THE PAVILION-CANADIAN PENSIONS FUNDS WILL BE VERY IMPRESSIVE AND A GREAT SUCCESS. (SUPPORTED BY GREAT LOCATION AND EXCELLENT PUBLIC TRANSPORT WITH SEVERAL MRT STATIONS IN ITS VICINITY. THIS WILL CONTRIBUTE TO THE SUCCESSFUL BUSINESS OF MALTON, THE IN-HOUSE MAIN CONTRACTOR. EARNINGS VISIBILITIES FOR THE NEXT FEW YEARS WILL BE GOOD
DIVIDEND ANNOUNCEMENT RM50M REVOCATION FEE FROM ECOWORLD BIG CONTRUCTION CONTRACTS (IN-HOUSE) FROM PAVILION GROUP IN THE PRIME BUKIT DAMANSARA NEW TOWN PROJECT
MALTON WILL ALSO BENEFIT WITH REDUCED BORROWINGS/GEARING WITH THE REVOCATION DEAL FOR THE BATU KAWAN PROJECT AS ECOWORLD WILL REPAY THE RM170M RELATED FINANCING. A VERY GOOD DEAL FOR MALTON (RECEIVING RM50M REVOCATION FEE + REDUCED GEARING) GOOD PROSPECT FOR A HIGHER DIVIDEND THIS YEAR
THE RM50M REVOCATION FEE WILL INCLUDE A CAPITAL GAIN OF RM36.8M. POSSIBLE SPECIAL DIVIDEND FROM THIS EXTRAORDINARY GAIN WHEN ANNOUNCEMENTS ARE MADE NEXT MONTH. THE REVOCATION DEAL WILL ALSO ALLOW MALTON TO FOCUS ON ITS CONSTRUCTION CONTRACTS FROM ITS PAVILION GROUP PARENT AND ITS BUKIT JALIL PROPERTY PROJECT WHICH HAD ALREADY SOLD SUCCESSFULLY 2 YEAR AGO AND ARE PROGRESSING WELL.
1Q RESULTS/PROFITS AS AT 30/9/2016 WILL RISE WITH THE RM36.8M CAPITAL GAIN + THE PROFITS FROM ITS BUKIT JALIL SALES + ITS RM783M 1ST CONSTRUCTION CONTRACT FOR THE BUKIT JALIL CONTRACT (NEARING COMPLETION N TO BE REPLACED WITH 2ND PHASE CONTRACTS)
MALTON HAD FOR THE LAST 3 YEARS ANNOUNCED ITS DIVIDEND PAYMENT IN OCTOBER. USED TO PAY 1ST & FINAL DIVIDENDS OF 3 SEN ANNUALLY. WE HOPE TO GET AN EXTRA SPECIAL DIVIDEND NEXT MONTH
EARNINGS PER SHARE (EPS) FYE 30/6/2016 WAS 8.3 SEN A 3 SEN D WILL A CASH D YIELD OF 4.8% A 4.3 SEN (3 SEN NORMAL + SPECIAL D OF 1.3 SEN) WILL YIELD 6.8% (VERY MUCH HIGHER THAN BANK FD NOW GIVING 3.8% P.A.) (EFFECTIVE YIELDS FROM MALTON WILL BE EVEN HIGHER SINCE WE CAN RECEIVE THE D IN A FEW MONTHS TIME COMPARED TO 12 MONTHS FOR BANK FD TO MATURE)
property market generally is downbeat. However we should look at the individual stock and their potential. current and future financial results and prospect. Malton is an excellent stock and brilliant prospect.
MALTON'S DIVIDEND INCOME IS FAR HIGHER THAN BANK FD FOR BETTER COMPARISON LETS USE THE 3 MONTH TIME PERIOD (DIVIDEND RECEIVABLE IN 3 MONTHS) AND USE 100,000 SHARES @ 0.63 PRICE = RM63,000
MALTON: D @ sen sen = RM3,000 : @ 4.3 SEN = RM4,300
BANK FD @ 2.8% = RM 441
THE DIVIDEND INCOME IS BY FAR VERY MUCH MORE THAN BANK FD INTEREST.
OF COURSE SHARE INVESTMENTS HAS AN INHERENT MARKET RISKS OF PRICE FLUCTUATIONS. BUT MALTON IS ALMOST AT ITS ALL TIME PRICE LOW NOW. FUNDAMENTALLY SOUND. NTA 1.65 PER SHARE
MAKING SATISFACTORY PROFITS DESPITE CURRENT SOFTER PROPERTY MART. ITS ONGOING PROJECTS ARE DOING WELL BEING WELL LOCATED AND LAUNCHED DURING BETTER ECONOMIC TIMES 2 TO 3 YEARS BACK. AND ITS CONSTRUCTION CONTRACTS ARE FROM IN- HOUSE FROM THE ESTABLISHED PAVILION GROUP
interested investor should buy and keep it for good return. if more people buy at the next selling price and not sell when make a small profit, then the share will gradually move up. Then everybody will be rewarded.
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....
nkk53
1,426 posts
Posted by nkk53 > 2016-09-11 09:07 | Report Abuse
buy and keep