SejukSaam, currently, almost all property counters are useless and Malton is no exception. When price of oil very high, everyone buy expensive O&G counters and got burnt when oil comes down. When price of steel very low, nobody buy steel counters. Now steel goes up and steel counter goes up. Million dollar question is...do u dare to buy property counters (Malton included) when everyone is scared??
LOOK AT MALTON'S STRONG FUNDAMENTALS. PAR RM1.00 NTA RM 1.65 EPS (LAST YEAR 8.3 SEN P.E. RATIO 7.55x GOING TO RECEIVE RM50M REVOCATION FEE FROM ECOWORLD. IN THE CURRENT SOFTER PROPERTY MART, GETTING RM50M (WITH A NET CAPITAL GAIN OF RM36.8M) WITHOUT BEING BOGGED DOWN WITH A BIG PROJECT IN PENANG AND WITH ECOWORLD PAYING OFF RM170M OF ITS RELATED LOANS WILL BE VERY POSITIVE FOR THE PROSPECTS OF MALTON. LOOKING FORWARD TO ITS DIVIDEND ANNOUNCEMENT THIS MONTH. RECORD OF PAYING 3 TO 5 SEN. WE WILL GET BETWEEN 3 TO 4.3 SEN THIS TIME
WORTHWHILE GETTING HIGH DIVIDENDS WHILE WAITING FOR OTHER POSITIVE CATALYSTS INCLUDING MEGA CONSTRUCTION CONTRACTS FROM ITS PARENT (PAVILION GROUP , A LEADING STABLE PROPERTY GROUP WHICH HAS THE CANADIAN PENSIONS FUNDS AS IT JOINT VENTURE PARTNER FOR ITS BUKIT DAMANSARA NEW TOWN PROJECT AND WHICH CONTRIBUTED RM485M FOR ITS STAKE). BEING IN-HOUSE NO PROBLEMS IN GETTTING ITS CONTRACT PAYMENTS) EXPECTING ANNOUNCEMENTS OF SUCH CONTRACTS FOR THE 2ND PHASE ANYTIME
SORRY. MISTOOK FOR ANOTHER COMPANY. LAST 2 YEAR PAID 3 SEN. LOOKING FORWARD TO 3 SEN NORMAL + 1.3 SEN SPECIAL (TOTAL 4.3 SEN) THIS YEAR BASED ON ITS EPS ALREADY 4.33 SEN FOR ITS 1H YEAR AND THE RECEIVABLE RM50M CASH REVOCATION FEE WITH A CAPITAL GAIN OF RM36.8M
ERROR. FYE 30/6/16 EPS 8.3 SEN. HENCE ( EVEN EXCLUDING ITS BIG RETAINED EARNINGS) IT CAN EASILY PAY THE 4.3 SEN DIVIDEND TO BECOME A HIGH D YIELD STOCK. UPGRADE ITSELF INTO AN INVESMENT GRADE STOCK TO ATTRACT FUND MANAGERS
if all buy 10000 units at next buy price and not sell, then small stakeholders in big quantities can also hold up the price. after all it is ridiculously under price.
It's alright for it to come off a bit. Can buy some more. Today bought at 0.615 and 0.62 Tomorrow will queue to buy if it moves lower. The next FY results would be the best year. The next upswing would be strong after completion of accumulation.
GOLDEN SHARES. SOME COMFORT FOR U. DIVIDEND ANNOUNCEMENT THIS MONTH AT 3 SEN YOUR DIVIDEND YIELD WILL BE 4.9% (U WILL GET RM15,000) IF WE ARE LUCKY TO GET 4.3 SEN(INCLUSIVE SPECIAL D 1.3 SEN) D. YIELD WILL BE 7% (U WILL GET RM21,500) ALL IN 3 MONTHS TIME. MUCH MORE THAN FROM BANK FD
GoldenShares, I dunno whether I loss or not!!! I bought long time ago when they were dirt cheap. Everytime goes up I sold some then when down I bought back more than I sold. Now I dunno what my average cost is!! Too lazy to calculate. I bought Malton because I poor man. If and when they complete Pavilion BJ, I can then boast to my mates that for a poor man like me, I own a piece of Pavilion. LOL
Actually can see from the screen that no much sellers already but those who want to buy queue big blocks at higher prices to scare away buyers. If big funds come in to buy, those who placed big blocks to "sell" will panic buy ! :)
Hopefully become golden geese. I pass by the site yesterday. They are doing the foundation works for the Mall. Dunno whether they are selling the Mall of keeping it. If keep, then they will need to reserve $$$ and probably bank loan for building & developing the Mall. Expected completion in 2018. Oolala, I am going to be mallowner (although tiny weeny bit).
it is risky to put all eggs in one basket, but i just couldn't stop myself buying malton, bcoz i knew it is golden hen, and she is going to lay golden eggs, ha ha ha
i did my part by buying 10000 units. not sell. tomorrow will buy more 10000 units and not sell. its a good sign. the whole day was in positive territory. hope the person who queue at 63.5 sen will not stand in the way.
B.KAWAN DEAL JUST WAITING FOR OFFICIAL GREENLIGHT BY THE PENANG GOVT/LOCAL AUTHORITIES. ECOWORLD, THE PARTY TAKING OVER IS WELL ESTABLISHED WITH A GOOD TRACK RECORD AND MANY ONGOING PROJECTS IN PENANG. NO PROBLEM. JUST NEED TO GO THRO THE PROCESS. THE DEPOSIT FOR THE RM50M REVOCATION FEE ALREADY RECD. SHOULD BE SOON
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....
SejukSaam
133 posts
Posted by SejukSaam > 2016-09-30 11:31 | Report Abuse
useless counter