Posted by TheContrarian > 2016-11-18 19:21 | Report Abuse

After six consecutive trading days up, seventh day down is good to clear out stale bulls and weak holders.

Posted by TheContrarian > 2016-11-18 19:23 | Report Abuse

linges, welcome back.

Posted by Angielim9955 > 2016-11-19 20:29 | Report Abuse

TheContrarian, congrautulations to your stocks seem malton and affin doing good
both I still have as you know I got 50 counterrs ,
TheContrarian do you mind I ask you my another one counter ( DUTALAND BHD )
because I wish to cut this stupid DUTALAND BHD , never give me dividend but as long as plantation seem got hope at this moment , because I wish to top up a little bit Mulpha so I need cut some stupid counters to get free cash my first choice to cut is this DUTALAND BHD, can advice if you free ?

Posted by nkk53 > 2016-11-20 09:30 | Report Abuse

Mulpha never before gave any dividend

Posted by TheContrarian > 2016-11-20 09:36 | Report Abuse

Angielim, I answer in Dutaland forum.

Posted by TheContrarian > 2016-11-20 23:52 | Report Abuse

If Malton stays above 76 sen the whole day of Monday then the uptrend will resume.

Posted by GoldenShares > 2016-11-21 10:27 | Report Abuse

Good 1Q already priced in, : )

Posted by bktay123 > 2016-11-21 11:51 | Report Abuse

looks strong up with rising volume

Posted by PenguinDad > 2016-11-21 16:19 | Report Abuse

Reach the peak already and likely to come down in next month.

Posted by GoldenShares > 2016-11-21 16:29 | Report Abuse

wonder how good is the result, : )

Posted by charles_cty > 2016-11-21 18:01 | Report Abuse

21/11/2016 30/06/2017 1 30/09/2016 130,041 9,873 6,259 1.39 0.00 1.660 Malaysia Stock - KLSE Quarter Report History +44%
30/08/2016 30/06/2016 4 30/06/2016 220,444 46,536 22,086 4.93 0.00 1.650 Malaysia Stock - KLSE Quarter Report History +32%
25/05/2016 30/06/2016 3 31/03/2016 155,285 12,749 6,511 1.45 0.00 1.590 Malaysia Stock - KLSE Quarter Report History +25%
25/02/2016 30/06/2016 2 31/12/2015 133,412 6,731 4,303 0.96 0.00 1.610 Malaysia Stock - KLSE Quarter Report History -29%

Posted by Skliew > 2016-11-21 19:11 | Report Abuse

Disappointing 1Q results :(

Posted by joe2703 > 2016-11-21 19:19 | Report Abuse

@Skliew, why disappointing ? Mind to share your thoughts ?

Posted by davidkkw79 > 2016-11-21 19:26 | Report Abuse

Lousy little profit still support it blindly....

Posted by Tan Cheng Poh > 2016-11-21 19:49 | Report Abuse

Tp 1.00 end of this year

Posted by Skliew > 2016-11-21 20:08 | Report Abuse

Property development sales, 70.191mil only deliver 6.577mil profit! Something must be very wrong ! EPS is only 1.39 Sen for the Q

Posted by Skliew > 2016-11-21 20:41 | Report Abuse

Signature shops selling at rm800 per square ft, profit lesss tha 10%, whereas Ho Hup Aorura shop office selling at rm600 Sq ft yield about 40% gross profit !

Posted by GoldenShares > 2016-11-21 20:42 | Report Abuse

totally agreed with Skliew, the result is below expectation

Posted by darrenliew > 2016-11-21 20:55 | Report Abuse

1Q RESULTS JUST MISSED THE RM50M REVOCATION FEE FROM ECOWORLD. THE EXTRAORDINARY CAPITAL GAIN OF RM36.6 M WILL THUS BE REGISTERED IN THE 2Q RESULTS
CAN EXPECT NEXT Q PROFITS TO JUMP UP

Posted by linges > 2016-11-21 20:57 | Report Abuse

thx @ TheContrarian for welcoming me back :))

nowadays...overall result come out good also..price drop...confusing...may be need to learn more on how to read Balance Sheet ready..

Posted by darrenliew > 2016-11-21 21:16 | Report Abuse

IN ADDITION TO THE RM50M REVOCATION FEE TO BE RECEIVED , ECOWORLD WILL ALSO PAY OFF RELATED LOAN OF RM97M THUS REDUCING MALTONS BORROWINGS/ GEARING N INTEREST COSTS, A POSITIVE FOR FUTURE PROFITS

Posted by Skliew > 2016-11-21 21:18 | Report Abuse

Core earning matters ! This is just personal opinion. Buy or sell at your own risks ! :)

Posted by darrenliew > 2016-11-21 21:31 | Report Abuse

AGREEC CORE EARNINGS ARE IMPORTANT. STIL THE REVOCATION DEAL WILL REDUCE ITS BORROWINGS BY QUITE A BIG AMOUNT OF RM147M CASH THUS REDUCING ITS INTEREST COSTS N INCREASE ITS CORE EARNINGS.
AGM THIS WEDNESDAY.
ANYONE GOING CAN ASK HOW WCT IN PAVILON GROUP CAN BENEFIT MALTON

Posted by 6181go > 2016-11-21 23:17 | Report Abuse

ya. it is getting better in quaters to come. net profit is a lot better than the corresponding period next year. next quarters on going billing and revocation fees will increase net profit greatly. Those who attend the AGM should query about profit margin of its project in bukit jalil, so we can be clearer. We should also pressure the management to declare high dividend or special dividend.

Posted by TheContrarian > 2016-11-21 23:17 | Report Abuse

linges, you are welcome. Malton, as far as I remember, has NEVER reported a quarterly loss.

Posted by 6181go > 2016-11-21 23:41 | Report Abuse

if this quarter on going billing for bukit jalil is lacking, it means next quater will have hugh ongoing billing, because with a billing ringgit sales, you can't have low ongoing progress billing for six months. it is not normal. The management also need to explain about the profit margin. After all, we have great confident in this company. Hopefully, everything is above water and no hanky panky.

Posted by Skliew > 2016-11-22 06:00 | Report Abuse

CORRECTION: Sorry to inform that the Current Q property development portion revenue is Rm110M with a gross profit of Rm17m. The corresponding period of last financial year was Rm70M and profit of Rm6.577M. However, the gross profit margin of the property development segment is below market average. Should seek the management to clarify in the coming AGM. Those going please ask and let us know in this forum. Thanks a lot !

Posted by Skliew > 2016-11-22 06:15 | Report Abuse

Last FY, Property Development Revenue was RM412 Million and gross profit Rm74.5milion which is slightly less than 20%. For the Q ending Sept 16, he major contributor for the property segment revenue is likely from the supposedly lucratic signature shops...... just a thought to share. Remember buying or selling at your own risks... :)

Posted by JamesPond > 2016-11-22 11:33 | Report Abuse

SK Liew, those figures are not GROSS profit. These are segment net profit before tax. Also comparing with Ho Hup is unfair because cost of land for HHup is approx RM47 psf whereas for Malton (If selling price is RM800) cost is RM144psf. Also, the recognition of revenue/profit for the Park seems normal as the actual construction work done to 30.09.16 is quite negligible(I think earth or foundation works only). Insofar as recognition of profits for shops, etc, under normal accounting treatment, it is lower at beginning stage and higher towards the end of the project. Someone mentioned about BKawan revocation. I think the profit after tax for the revocation should be approximately RM22.8M. As for cash inflow for the revocation I think there is RM228,488,000 besides that RM50M and RM94M.

Posted by TheContrarian > 2016-11-22 12:54 | Report Abuse

If Malton closes above 78 sen today the uptrend is intact.

Posted by Skliew > 2016-11-22 14:29 | Report Abuse

Thank you JamesPonds. Yes, you are right. That is not gross profit but Earning before tax and interest for the segment! But by sectoral comparison, the profitability of Malton property segment is lower when comparing to the peers besides Ho Hup. Malton BJC selling at Rm800 per square ft and Ho Hup at Rm600 per square ft. So, take away 18% from RM800, Malton will get RM656 per square ft with no land cost as land was provided by Ho Hup. Shouldn't it be more profitable for Malton for the property developed therein in BJC? Anyway, the price performance is great and maybe better things are down the road. Happy investing! :)

Posted by GoldenShares > 2016-11-22 16:53 | Report Abuse

very strong buying support, : )

Posted by Skliew > 2016-11-22 17:08 | Report Abuse

Now the buying is super ! :)

Posted by nkk53 > 2016-11-22 21:12 | Report Abuse

Sold 75 pc stock todate

Posted by bktay123 > 2016-11-23 08:47 | Report Abuse

Still waiting. Maybe after ex div

Posted by mikeshare > 2016-11-23 13:51 | Report Abuse

anyone went to AGM? Can share your thought?

Posted by stanley984 > 2016-11-23 14:48 | Report Abuse

Hi Guys, just bought *some* volumes into MALTON today hopefully its a good timeframe to coming in although ringgit are showing weaken since few days straight. maybe someone can share some thought on this trend, technical analyze it should going uphill.

Posted by bowman > 2016-11-23 15:40 | Report Abuse

Trend? What trend. If you attended the AGM, you should know whether you should hold or sell, top up or reduce.

Posted by mikeshare > 2016-11-23 15:53 | Report Abuse

hi bowman, can share what info you got from AGM? As i could not attend today.

Posted by joe2703 > 2016-11-23 16:40 | Report Abuse

Anyone attended Malton's AGM today ? Can share some information ? Thanks!

Posted by stanley984 > 2016-11-23 16:54 | Report Abuse

ya, maybe if anyone whom attended the AGM meeting could kind enough to share the details and that would be helpful for the shareholders here to make our decision

Posted by Rodney5453 > 2016-11-23 17:01 | Report Abuse

All resolution pass. Share price depress, the chairman stated cannot comment but hinted looking forward to yr 2017 (remark Nta 1.65)
Launching of Amaya Duta 1Q2017 and Taman Tun 3Q2017. Dividen 2.5c bcos profit lower due cost of materials. In hand still have Landbanks with est 10 billons Gdv.

Posted by TheContrarian > 2016-11-23 17:20 | Report Abuse

Close down one sen today not a good sign. Price probably will consolidate for awhile.

Posted by joe2703 > 2016-11-23 17:44 | Report Abuse

@Rodney5453, any other information about their sales of Pav2 project, Pav Damansara construction project and the company's prospect for 2017 ?

Posted by Jajalala > 2016-11-23 18:14 | Report Abuse

from the chart pattern, it is safe to say that price will consolidate for some time before another push up. As of now, the chart still shows strength, meaning operator is still bullish. Price might hover around 0.77-0.755

Posted by Rodney5453 > 2016-11-23 20:25 | Report Abuse

Pav Bukit Jalil "Sky Park residence" release management's unit hit 90%+ sold.Recent launched one of the two tower of "The Park 2" 71% sign up.Future business plan - go for JV concept - tidy and no land holding cost (Malton min 51%). Management will consider promote company Image Relationship (IR).
"Apologise" forget to bring up the "WCT", Pav Bukit D'sara and "Batu Kawan" exercise impact.

Posted by JamesPond > 2016-11-24 14:16 | Report Abuse

Rodney, thank you for sharing but RM10B GDV is kind of optimistic ain't it?? Is that figure quoted by the CEO?

Posted by 6181go > 2016-11-24 17:09 | Report Abuse

its normal for share price to consolidate after a period of up. It will be on the up again soon. seems to have very good support and big volume.

Posted by Rodney5453 > 2016-11-24 17:45 | Report Abuse

@JamesPond, Quoted & brief by Lim Siew Fai (MD)& Chua Thian Teck (ED, Desmond Lim did not attend.
This year dividen brought forward 1 month - requested by share holder during last AGM.

Posted by nkk53 > 2016-11-25 08:56 | Report Abuse

Still hang on to 25 pc stock to claim dividend