ALL THESE IMPENDING ANNOUNCEMENTS ARE IN THE PIPELINE TO BE RELEASED OVER THE NEXT FEW WEEKS OR MONTHS AND SHOULD ACT AS CATALYSTS TO BOOST ITS SHARE PRICE GOING FORWARD
AS INVESTORS WE AIM FOR MORE FINANCIAL RETURNS LET US HOPE FOR MORE REWARDS BY WAY OF A " SPECIAL DIVIDEND" GOING FORWARD WHEN ALL THE GOOD ANNOUNCEMENTS ON CORPORATE ACTIONS ARE RELEASED (ESPECIALLY THE RECEIPT OF RM50M CASH FROM ECOWORLD AND THE MUCH HIGHER QUARTERLY PROFITS REPORTS (WITH THE RECOGNITION OF CAPITAL GAIN RM36.3M FROM THE REVOCATION FEE)
DIVIDEND EX DATE IS 29 NOVEMBER. WITH POSITIVE NEWS PROGRESSIVELY ANNOUNCED AND AS WE APPROACHED NEARER TO THE DIVIDEND EX DATE, WE SHOULD BE ABLE TO SEE SHARE PRICES GO HIGHER TO THE 0.685 TO 0.70 RANGE.
STARTED COLLECTING FROM 0,60 ONWARDS. SOUND FUNDAMENTALS AND GOOD BUSINESS PROSPECTS AND POTENTIAL WHICH CAN BE UNLOCKED WITH BETTER PROFITS AND BIGGER BUSINESS CONTRACTS. MEANWHILE HOLD AS INVESTMENTS AND EARN THE HIGH DIVIDEND YIELDS
NOT NOW BUT IN THE COMING QUARTERS WHEN THEIR RESULTS REPORTED BUMPER PROFITS. ASDUMING 4Q PROFITS REMAINED AT 22M THEN ITS CAPITAL GAIN OF 36.3M = 58.3M JUST FOR THAT QUARTER. CAN DECIDE TO REWARD LOYAL SHAREHOLDERS WITH A SPECIAL DIBIDEND.
THE EXPECTATION OF A POTENTIAL SPECIAL DIVIDEND IS BASED ON EXPECTED GOOD BUMPER PROFITS OF RM58M IN THE COMING QUARTER RESULTS ( WITH THE RECOGNITION OF CAPITAL GAIN 36.3M). THERE IS NOTHING TO PREVENT THE COMPANY FROM DECLARING IT. MANY GOOD COMPANIES DO IT. THE WHOLE YEAR'S PROFITS FOR LAST YEAR WAS 37M. HENCE WITH A PROFIT OF 58M JUST FOR 3 MONTHS IN ANY OF ITS QUARTER RESULTS FOR CURRENT FINANCIAL YEAR CAN SUPPORT ITS SHARE PRICE INCREASE (CAPITAL GROWTH LIKE SOME READER SAID ABOVE). IMAGINE JUST 1 QUARTER'S PROFIT IF REPORTED TO BE 58M WILL FAR EXCEED THE WHOLE OF LAST YEAR'S PROFIT OF 37M. SURELY THIS NEWS WILL BUMP UP MALTON'S SHARE PRICE.
darren, just curious why you so confident on the special dividend ya? Higher profit doesnt mean the Company have to declare dividend wo. Sumore the Company in fact in need to fund for their development of BJ project. Of course, i also invested my significant portion of fund into this stocks, the more the dividend the better it would be. Maybe you are some insider guy? haha
BJ PROJECT WAS LAUNCHED AT WITH A VERY GOOD TIMING. ABOUT 2.5 YEARS AGO WHEN THE PROPERTY MARKET WAS STILL STRONG. HENCE ITS EARLIER PHASES WERE ALL SOLD OUT. HENCE THE REMAINING PHASES MAY NOT NEED MUCH FUNDING AND SHOULD IN FACT BE SUPPORTED BY THE PROGRESSIVE COLLECTIONS FROM THE UNBILLED SALES. FURTHERMORE THE INCOMING RM50M CASH RECEIVABLE FROM ECOWORLD WILL BOOST ITS CASH HOLDINGS AND CASH FLOWS. IN ADDITION MALTON'S GAERING WILL BE GREATLY REDUCED BY 97M UPON SETTLEMENT BY ECOWORLD. HENCE MALTON'S FUNDAMENTALS REMAIN STRONG AND BECOMING STRONGER
dont expect too much from this counter. if it didnt fly, it never will. at the money 10 to 20 increments for those who invest to buy rojak and weekend teh tarik. property sector is in the slump. can reach 70 sen by year end also count yourselves lucky.
NO. NOT AT ALL. COMFORTABLE WITH MY HOLDINGS WAITING TO EARN THE HIGH DIVIDEND YIELD OF 3.82% WITH ONLY 1 MONTH (EX DATE 29/11) AND 2 MONTHS (PAYMENT DATE 31/12/16) WAITING TIME. ANYONE HAVING 100,000 SHARES IN MALTON WILL EARN RM2,500 IN 2 MONTHS TIME WHILE THOSE WHO PLACE IN FD THEIR MONEY OF SAME VALUE WILL ONLY GET RM567 (LESS BY RM1943 AND HAVE TO WAIT LONGER BU ANOTHER MONTH)
WAITING FOR THE DIVIDEND AS WELL AS CAPITAL GROWTH (SHARE PRICE INCREASE) AS WE GO NEARER TO THE EX DATE AND AS GOOD ANNOUNCEMENTS ARE MADE OVER TH NEXT FEW WEEKS
if u compare 2015 and 2016 annual report, obviously all local (EPF, Public, Maybank etc ) and foreign (citibank, bank of new york etc) funds have sold all and cleared all their shareholdings in malton. Now top 30 shareholders other than malton itself, all r retail holders, i think the funds still hv a bit more to sell, selling pressure should be reduced.I hope all r long term investors, in fact i'm in top 40, : )
GoldenShares, only the bank of new York mellon reduced 4.5mil and still has 3.0mil as at 30th Sept. Maybank Takaful reduced a few hundred thousand, EPF a few hundred thousand, still has 7.2mil in total in top 30 shareholders list. Public Islamic fund increased the stake by 945,000 to 4.47mil...Maybank Takaful insurance one account may have sold at most 3mil and not appeared in top 30... not all fund sold out lah... some individuals name didn't appear and some new names appeared including GoldenShares in the top 40.. :-)
WITH THE JUST DECLARED HIGH DIVIDEND YIELD OF 3.82% WITH ITS EX D DATE JUST A MONTH AWAY ,THESE INSTITUTIONAL INVESTORS WILL LIKELY HOLD TO EARN THEIR DIVIDEND INCOME. THEY MAY EVEN BUY MORE TO GENERATE MORE DIVIDEND INCOMES FOR THEIR FINANCIAL YEAR END CLOSING 31/12/2016. BESIDES MALTON'S DIVIDEND YIELDS BEING MUCH HIGHER THAN BANK FD INTEREST INCOME OR INTERBANK MONEY MARKET INTERESTS, MALTON POSSESS STRONG FUNDAMENTALS WITH GOOD POTENTIAL SHARE PRICE UPSIDE (CAPITAL GROWTH) AS MALTON GROWS ITS PROFITS
BESIDES ITS HIGHER DY, IT ALSO HAS A BIGGER MARGIN OF SAFETY (MALTON'S NTA AT 1.65 IS ALSO SUPERIOR TO THAT OF JTIASA'S 1.88 BECAUSE MALTON'S SHARE PRICE IS ONLY 0.65( WAY BELOW ITS NTA) AGAINST JTIASA'S 1.40 PRICE (WHICH IS ALREADY ABOVE ITS NTA.)
Disclaimer : personal opinions only purely for exchange of info & discussions. NOT Calls to buy or sell any stocks/shares)
PURELY FOR COMPARITIVE EXCHANGE OF VIEWS BASED ONLY ON CURRENT DIVIDEND YIELDS AND NTAs. ( note that Jtiasa may have its own intrinsic fundamental values being in the Plantation sector, etc, )
MALTON'S FUNDAMENTALS ARE STRONG.
BESIDES ITS HIGHER DY, IT ALSO HAS A BIGGER MARGIN OF SAFETY (MALTON'S NTA AT 1.65 IS ALSO SUPERIOR TO THAT OF JTIASA'S 1.88 BECAUSE MALTON'S SHARE PRICE IS ONLY 0.65( WAY BELOW ITS NTA) AGAINST JTIASA'S 1.40 PRICE (WHICH IS ALREADY ABOVE ITS NTA.)
Disclaimer : personal opinions only purely for exchange of info & discussions. NOT Calls to buy or sell any stocks/shares)
Jajalala D vol for today is extremely high for Malton standard. Almost historical high which is not something desirable in stock market. High vol upbar might consists some selling behind it, some called it buying climate which is a signal of a downtrend coming. Let's see tmr closing. Hopefully it will continue to up.
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....
darrenliew
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Posted by darrenliew > 2016-10-27 22:44 | Report Abuse
ALL THESE IMPENDING ANNOUNCEMENTS ARE IN THE PIPELINE TO BE RELEASED OVER THE NEXT FEW WEEKS OR MONTHS AND SHOULD ACT AS CATALYSTS TO BOOST ITS SHARE PRICE GOING FORWARD