MALTON BHD

KLSE (MYR): MALTON (6181)

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Last Price

0.415

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


18 people like this.

10,794 comment(s). Last comment by koyokui 2 months ago

TheContrarian

9,495 posts

Posted by TheContrarian > 2017-02-06 09:54 | Report Abuse

Syndicate frying.

bowman

2,594 posts

Posted by bowman > 2017-02-06 11:03 | Report Abuse

RSI 97% can still go in? I think it's too high. Any sifus to comment?

OngLai88

1,234 posts

Posted by OngLai88 > 2017-02-06 11:23 | Report Abuse

Frying up for Directors to exercise ESOS options (15,865,000 shares). Exer price RM1.00....make your own assessment.

JamesPond

429 posts

Posted by JamesPond > 2017-02-06 12:38 | Report Abuse

Let's assume OngLai88 is correct..someone is frying up for Directors to exercise ESOS at RM1.00. Now for those that exercise, they would want to make profit, let's say 5%. That means for them to make profit the frying has to exceed RM1.05 or more. So, bowman, if you believe OngLai, why move out when he means another >20 sen more increase???

JamesPond

429 posts

Posted by JamesPond > 2017-02-06 12:41 | Report Abuse

In fact, Bowman, if you believe OngLai, you should join in the frying session and help price go past RM1.05, then only cabut. Kakakakka

OngLai88

1,234 posts

Posted by OngLai88 > 2017-02-06 13:26 | Report Abuse

Directors ESOS details as follows:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5326141

JamesPond, the directors could be buying from markets at this price instead of exercising at RM1.00....if only we know their plan.

bowman

2,594 posts

Posted by bowman > 2017-02-06 15:00 | Report Abuse

15.8mil shares offered to directors. today's trading about 5.5mil. OngLai, you could be spot on

bktay123

190 posts

Posted by bktay123 > 2017-02-06 15:53 | Report Abuse

Moving to above RM1 cheers

OngLai88

1,234 posts

Posted by OngLai88 > 2017-02-06 16:05 | Report Abuse

bowman, if you are one of the directors, what would you do now?
I will buy from market now and wait to sell at 1.00. Make one round first and then exercise the ESOS if the price goes to 1.20 or higher

nkk53

1,426 posts

Posted by nkk53 > 2017-02-06 16:34 | Report Abuse

i sayonara malton already

TheContrarian

9,495 posts

Posted by TheContrarian > 2017-02-06 16:37 | Report Abuse

Bye2 Malton, thanks for almost 40% gain.

Posted by Tan Cheng Poh > 2017-02-06 16:59 | Report Abuse

u will regret to said bye bye with Malton

Yuming

548 posts

Posted by Yuming > 2017-02-06 17:00 | Report Abuse

Book value 1.66,,, no harm to load more

TheContrarian

9,495 posts

Posted by TheContrarian > 2017-02-06 17:17 | Report Abuse

Buy low sell high, move on.

TheContrarian

9,495 posts

Posted by TheContrarian > 2017-02-06 19:20 | Report Abuse

Good luck to those who bought today.

moneycashrich

2,101 posts

Posted by moneycashrich > 2017-02-06 21:07 | Report Abuse

Wait and see what is the highest price of Malton in 2017. My dream price is RM 1.15

TheContrarian

9,495 posts

Posted by TheContrarian > 2017-02-06 21:10 | Report Abuse

I remember selling at RM1.16 in year 2014, I think.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2017-02-06 21:18 | Report Abuse

TheContrarian ,impresiive good job, insas also very good?
TheContrarian which is your next call
you are a good trader
MBSB AFFIN INSAS MALTON all you bot at bottom if not mistaken ?
I think is almost the best in here

TheContrarian

9,495 posts

Posted by TheContrarian > 2017-02-06 21:34 | Report Abuse

You forgot I also bought PUC @ 6 sen. Today there's no way to buy near low anymore because all counters have moved off their lows. Some counters like Malton and Insas have today hit 12 months highs. I only bought one new counter this month and I have told you. Bought just a bit @ 92 sen yesterday, today it has crept up just one sen to 93 sen. Wish me luck.

TheContrarian

9,495 posts

Posted by TheContrarian > 2017-02-06 21:38 | Report Abuse

By the way, I am not a trader. I'm an investor. I invest hoping to achieve a 30% gain within 6 months. So far, I have been lucky in the past six months as all hit the target.

bowman

2,594 posts

Posted by bowman > 2017-02-07 09:33 | Report Abuse

Thanks for the gain, moved out already. OngLai, thanks for the pointers. Contrarian, that's one smart move. Target achieved, move out. Keeping an eye on other yet-to-move counters. Willowglen and Insas look good.

bowman

2,594 posts

Posted by bowman > 2017-02-07 10:01 | Report Abuse

Looks like you are right, OngLai. Look at the price when support drops.

moneycashrich

2,101 posts

Posted by moneycashrich > 2017-02-07 12:13 | Report Abuse

So much bad news and reports for so long. There is one way left now. Bull run. Commonsense. No need to look into charts.

TheContrarian

9,495 posts

Posted by TheContrarian > 2017-02-07 12:36 | Report Abuse

Bull run will peak in early August. Different counters will run at different time. Some counters will peak earlier.

moneycashrich

2,101 posts

Posted by moneycashrich > 2017-02-07 14:58 | Report Abuse

My dream target of RM1.15 in 2017. wait and see.

ww_guy

605 posts

Posted by ww_guy > 2017-02-07 15:35 | Report Abuse

sell all at 0.875, more than 30% profit, not dare to hold for longer as my initial target is 0.8 had been break

moneycashrich

2,101 posts

Posted by moneycashrich > 2017-02-07 15:46 | Report Abuse

Of course for me still holding, is greater risk than those have sold. So I will not know until I really sold and get the REAL profit,

Can17

98 posts

Posted by Can17 > 2017-02-07 17:40 | Report Abuse

Any reason why GOB and Malton has been run up, any connection, I wonder?

Posted by BornToSpeculate > 2017-02-07 17:58 | Report Abuse

Coz Desmond also controls GOB indirectly. If your in the business circle, you will know this :-)

MirageHotelPD

1,097 posts

Posted by MirageHotelPD > 2017-02-07 21:13 | Report Abuse

What's risk to hold Malton? I believe is calculated risk and relatively low compare to many others. Malton consistently declared 0.025 to 0.03 dividend yearly and currently NTA is 1.66. which is still 47% below Par. In December 2014, the Private Placement 20 million take place at price of RM1. Last month, the ESOS at RM1 also announce. That means, RM1 will be the bench mark for Malton. Malton - WB is currently trading at 0.26 will expires in 29th June 2018. This is 17 month away from now. The conversion rate is RM1. Maybe, should look at who is the major holders of Malton-WB. Then, Malton above RM1.5 by July 2018 isn't a dream!

Moneycashrich, you are likely make a right decision.

moneycashrich

2,101 posts

Posted by moneycashrich > 2017-02-07 22:35 | Report Abuse

Thanks MirageHotelPD for u explanation. I am only interested to win big only.

TheContrarian

9,495 posts

Posted by TheContrarian > 2017-02-07 23:45 | Report Abuse

Making money from stock market is mostly about timing. A few years ago I collected Malton at the 80+ sen level then sold off all at RM1.16. Then six months ago I started to collect Malton again, this time at 60+ sen level. I also received dividend of 2.5 sen last month. Malton may or may not reach RM1.66. Lots of other counters are also way below their NTAs and paying good dividends. Spread your investments, diversify, don't put all your money in one counter.

Can17

98 posts

Posted by Can17 > 2017-02-08 09:25 | Report Abuse

Thank you guys above for all your good comments.

JEMSURE

21 posts

Posted by JEMSURE > 2017-02-08 09:36 | Report Abuse

what are you collecting now so can reap profit in another six months

OngLai88

1,234 posts

Posted by OngLai88 > 2017-02-08 10:43 | Report Abuse

TheContrarian, pls share some of these stocks. Tq

Posted by gorengqueen > 2017-02-08 11:03 | Report Abuse

Just saw a research report on Malton by RHB

We believe Tan Sri Desmond Lim may likely rationalise businesses after
he became the major shareholder of WCT. Possible candidates may
include Malton and Pavilion REIT, as he is a major shareholder of both
companies. A potential consolidation between WCT and Malton is
expected to unlock the value of the latter – given its undervaluation,
strong asset and landbank portfolio. We value the stock at MYR1.75,
based on a 40% discount to RNAV.

Potential M&A angle a re-rating catalyst. The emergence of Tan Sri
Desmond Lim Siew Choon (TSDL) as the major shareholder in WCT (WCTHG
MK, NEUTRAL, TP: MYR1.81) with 19.7% stake (at MYR2.50 per share) has
sparked some market speculation that there could be some potential M&A’s in
the pipeline involving the companies that he has a direct shareholding in. These
include Malton and Pavilion REIT (PREIT MK, NEUTRAL, TP: MYR1.90).

The media has reported that a consolidation between WCT and Malton is
possible, and we think this exercise – if it materialises – would provide TSDL an
opportunity to gain more meaningful control over the “merged entity”. In
addition, given the relatively higher valuations of WCT, the corporate exercise
would help in a re-rating for Malton, which is currently deeply undervalued.

Malton has both property and construction units. While Malton’s property
and construction businesses have strengthened in recent years, the company
on its own is still small. On the property front, the Bukit Jalil City development is
the company’s flagship property project. At its maiden launch in 2015, units
were almost fully sold. Because of this project, the company’s unbilled sales are
currently at a record high of MYR1bn. As for its construction segment, its
current outstanding orderbook stands at about MYR2bn. As WCT is also a
property developer and construction player, it makes sense for both WCT and
Malton to merge – which would strengthen the asset and earnings base to bid
for and undertake larger jobs, and enhance its presence in the property space.
There should also be synergistic benefits via higher operating efficiency.

Bukit Jalil City to underpin earnings growth. Malton has not aggressively
launched many property projects over the last few years, given the market
slowdown. Bukit Jalil City and Rapid City are the only projects launched in
2015, with high take-up rates recorded. Although the market weakened further
in 2016, the booking rate of 70% for the first block in The Park 2 Bukit Jalil City
during its preview late last year is still considered encouraging. The jewel asset
would be the regional retail mall, which has a NLA of 1.8m sqf and is currently
under construction. We believe management may have to rope in an equity
partner for this sizeable commercial asset to help in funding, ie an arrangement
similar to TSDL’s Pavilion Damansara Heights project.

Valuations. We value Malton at MYR1.75, based on a 40% discount to RNAV.
Despite the weak property market, we believe our valuations are reasonable
given the potential catalyst in sight, which would help to crystallise the value of
the company.

Can17

98 posts

Posted by Can17 > 2017-02-08 12:00 | Report Abuse

Thanks, I went to my share account with RHB to read the article, and it was on their Research article on Feb 6.

joe2703

123 posts

Posted by joe2703 > 2017-02-08 12:26 | Report Abuse

When RHB issue this report ?

OngLai88

1,234 posts

Posted by OngLai88 > 2017-02-08 16:55 | Report Abuse

06 FEBRUARY 2017 07:24AM

ivan9511

3,854 posts

Posted by ivan9511 > 2017-02-09 00:25 | Report Abuse

ong 88 as per what thecontrarian mention above seem he already chg to other counters
I also chgn from Malton to Trop
TheContrarian can share some good counters
because you are one of my Favourite investor in I3
I follow him bot at 060 and I sell 069.
I sell a bit fast I am regret
thecontart abang do you mind share us aboutb Trop .
and sifu thecontrast can ask you media can invest because seem match you high Nta hign dividend and price at bottom
I notice abang thecontra like catch bottom fish , he seem very good at catch low sell high so far is the best I see in I3
Not like Calvin always ask you buy when share alreeddy fly
the contra abang will buy when bottom so he is better than Calvin and harryteo also
Now I almost 90% follow the contrataion and almose 70% is earn more
last time I always loss
thanks abang contaratrian?

TheContrarian

9,495 posts

Posted by TheContrarian > 2017-02-09 07:43 | Report Abuse

It is now harder to buy undervalued counters at near low prices because market has turned bullish and syndicate is frying in a big way as can be seen in the huge spike in volumes of many counters. I'm not the type that goes around recommending counters because we have to do our own research rather than following others blindly. What I buy I would usually comment in the respective stock forums.

TheContrarian

9,495 posts

Posted by TheContrarian > 2017-02-09 07:49 | Report Abuse

I have also been looking at Tropicana. At RM1 it's still near 12 months low . But didn't buy because didn't have time to research on it.

ivan9511

3,854 posts

Posted by ivan9511 > 2017-02-09 15:07 | Report Abuse

thanks abang contrat , abang contrat do you think magnum match high dividend and bottom pattern, I monitor quite a time but why many claim TOTO better than magnum
but you know as a chinese we like magnum more .
and I passby my housing area when open 4D days, actually magnum q more long than toto
so I wonder why magnum and toto price gap so far ?

TheContrarian

9,495 posts

Posted by TheContrarian > 2017-02-09 17:52 | Report Abuse

I think GST is eating into gaming counters profit because GST absorbed by the companies. Profits are falling and dividends also reduced.

TheContrarian

9,495 posts

Posted by TheContrarian > 2017-02-09 17:54 | Report Abuse

Both BToto and Magnum P/E ratio almost the same around 13.

Posted by Tan Cheng Poh > 2017-02-11 14:50 | Report Abuse

1.00 next week for sure

moneycashrich

2,101 posts

Posted by moneycashrich > 2017-02-13 15:26 | Report Abuse

Malton will be one of the darling of 2017. Still holding, big risk and big gain.

bktay123

190 posts

Posted by bktay123 > 2017-02-13 16:21 | Report Abuse

Yeah broke 0.90

MirageHotelPD

1,097 posts

Posted by MirageHotelPD > 2017-02-13 22:36 | Report Abuse

I started collecting Malton and La since 2011. Looking at past trend , I strongly believe RM1.5 by mid next year as Malton-WE will expire in June 2018. Good luck to those are Long and believe in this counter.

Posted by BornToSpeculate > 2017-02-14 09:37 | Report Abuse

All i will say if you think you are smart, there are smarter people in the market and most of the operators or the people running these exercises arent stupid either. Obviously they are willing to let you earn 30% which some of you use as your benchmark to exit ( which is not based on any fundamental believe on how this target price was obtained ), they must have much larger targets or plans in mind.

For me, i think this is an undervalued stock by far looking at how projects are progressing on Pavillion area, bukit jalil and damansara heights. Though i wont comment on TP for this counter.

If you purely look at the volume and downside price range on a daily basis for the past 1 week, it is obvious that whoever is pushing the stock or buying is collecting it fast and not even willing to let the stock drop 5% back to flush out more sellers.

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