MALTON BHD

KLSE (MYR): MALTON (6181)

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Last Price

0.41

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

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0


18 people like this.

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

tianwang

176 posts

Posted by tianwang > 2017-09-28 11:46 | Report Abuse

sifu Espesp...what rumour?

ESPESP

298 posts

Posted by ESPESP > 2017-09-28 11:48 | Report Abuse

Is a rumours malton get a share of Bandar Msia i think, better not chase..
:)

GGecko

1,937 posts

Posted by GGecko > 2017-09-28 11:48 | Report Abuse

stocks like MALTON should not hold, once reaching your TP just sell.. too speculative

tianwang

176 posts

Posted by tianwang > 2017-09-28 11:51 | Report Abuse

oh i see...thanks.

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-09-29 14:10 | Report Abuse

Wanda Dalian washed out. Still got chance meh?

mikeshare

23 posts

Posted by mikeshare > 2017-10-01 21:50 | Report Abuse

sifu ESP, you still got owns Malton?

Posted by dreamtoberich > 2017-10-02 10:44 | Report Abuse

Habis liao~ SELL SELL

Posted by dreamtoberich > 2017-10-02 11:28 | Report Abuse

move to dutaland

ESPESP

298 posts

Posted by ESPESP > 2017-10-02 22:16 | Report Abuse

I didnt owned any malton and dutaland.. i owned Arank, PUC and some others FYI.

Posted by TheLegend27 > 2017-10-05 09:15 | Report Abuse

quiet stock

Winmore88

1,165 posts

Posted by Winmore88 > 2017-10-05 13:13 | Report Abuse

cunning counter .but always outperform

Posted by TheLegend27 > 2017-10-06 09:24 | Report Abuse

sparta why today specifically will kaboom?

ylsc

35 posts

Posted by ylsc > 2017-10-06 11:53 | Report Abuse

TP: RM 1.50

OngLai88

1,234 posts

Posted by OngLai88 > 2017-10-06 14:52 | Report Abuse

sparta very active asking people to pay for sparta service.
Last time share free in telegram group. Now free telegram group got more than 5000 followers, want to charge for services. Jilaka sparta !!!

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-10-09 11:22 | Report Abuse

coming today???

Piggybank

132 posts

Posted by Piggybank > 2017-10-10 08:19 | Report Abuse

Investors should re-focus on Malton’s fundamental value as well as the
potential M&A catalysts following the recent share price retracement.
Leveraging on the success of the Bukit Jalil City project, the upcoming
Duta Park project could be its next property sales driver. Meanwhile, while
rumours of M&As have subsided, we still think the idea is viable and
should benefit shareholders if Malton/WCT/Pavilion Group are to merge.
Their combined presence, as a whole, could potentially pose as a threat to
other top-tier developers and construction players.
Fundamentals remained unchanged. Malton’s stock saw aggressive profittaking
over the past few months, partly due to the twist in events for Bandar
Malaysia. As its management has already announced that the company is not
in discussions with Dalian Wanda (Dalian) and Employees Provident Fund
(EPF) in bidding for the Bandar Malaysia project earlier, we believe investors
should refocus on its fundamental value as well as the potential M&A catalyst.
Last block in Bukit Jalil City is selling fast. Three years since the first launch
in 2014, the sellable portion in Malton’s Bukit Jalil City project has reached
almost the end. This is considered fast, amidst the softening property market –
on top of the fact that the sellable area has a sizeable GDV of about MYR2.5bn.
The last block (second block in The Park 2) was just launched last month.
Malton was still able to lift its ASP to MYR850 psf (post discount), vs an ASP of
MYR800 psf for the first block in The Park 2. Demand remains strong, and
management expects the take-up rate for the latest block to hit 70-80% soon.
As the entire development is gradually taking shape, and further boosted by the
opening of KL Sports City in the vicinity, confidence levels in the Pavilion Bukit
Jalil City Mall would likely be high. This should help Malton secure a funding
partner for the mall soon. We expect some disposal gain to be realised.
Launching Duta Park as scheduled. The success of the Bukit Jalil City project
should benefit Malton’s next launch of its Duta Park project at Jalan Kuching by
end-2017. A preview was held in end-September. Phase 1 of the project has a
GDV of MYR600m, comprising 840 units of service apartments. The indicative
ASP of MYR650-700 psf is within the current market price for primary projects.
Still a potential M&A target. 2017 has, so far, been a vibrant year for M&As,
particularly for the property sector. Although the media reported the possibility
of a Malton-WCT merger some time ago, we think this M&A catalyst is still on
the cards. The merger makes sense – the combined entity would be much
stronger in both the property development and construction. Also, WCT had
previously indicated its intention to tie up with some top China contractors to bid
for construction jobs domestically. Given the scope of work required in some of
the upcoming major projects in Malaysia such as Bandar Malaysia, the highspeed
rail and the East Coast Rail Line (ECRL), opportunities are aplenty.
Valuations. We have an indicative valuation of MYR1.78 for Malton, based on
a 40% discount to RNAV. Near-term earnings would be underpinned by
MYR1.08bn in unbilled sales and a MYR780m outstanding construction
orderbook.

kingcobra

2,772 posts

Posted by kingcobra > 2017-10-11 20:32 | Report Abuse

Malton put aside 'cos riding on penny stocks now...

sparta

214 posts

Posted by sparta > 2017-10-12 01:35 | Report Abuse

https://klse.i3investor.com/blogs/spartan/134451.jsp - BELIEVE YOURSELF - LAST JET!

Winmore88

1,165 posts

Posted by Winmore88 > 2017-10-12 06:45 | Report Abuse

focus at keyasic 1st

Winmore88

1,165 posts

Posted by Winmore88 > 2017-10-13 07:08 | Report Abuse

can buy some Malton to keep 1st, once penny stock goreng is over then is Malton's turn d

Posted by LoanOfficer101 > 2017-10-13 12:16 | Report Abuse

Malton is already running into deep troubles, it's just hiding negative real data. Properties launched at high end price range are only supported artificially and internal bosses groups. Nothing more than that so the sales or strong take up rates as reported are not real demand but made up to show to public a bright image and perceptions. Banks don't even want to lend out money into these kind of high end segment residential or commercial loan applications. When Malton's earnings hit a real big drop after bosses cannot tahan, be prepared to see how bubble burst.

Winmore88

1,165 posts

Posted by Winmore88 > 2017-10-13 12:33 | Report Abuse

which means it apply to ecoworld, spsetia, ijm those high end property developer lo..

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-10-13 14:22 | Report Abuse

Ya..ya..looks like its ready now...

Winmore88

1,165 posts

Posted by Winmore88 > 2017-10-14 11:22 | Report Abuse

next week going 2 fllyyyyyyyy all the wayy

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-10-15 21:09 | Report Abuse

Limit up!! Hehehe...

Winmore88

1,165 posts

Posted by Winmore88 > 2017-10-16 09:25 | Report Abuse

ini kali la

Posted by robertpantai > 2017-10-16 09:40 | Report Abuse

Don't expect any property share to fly at this moment.

sparta

214 posts

Posted by sparta > 2017-10-16 10:33 | Report Abuse

Announcement will shock u..

Winmore88

1,165 posts

Posted by Winmore88 > 2017-10-16 11:55 | Report Abuse

what is the announcement? spartan

OngLai88

1,234 posts

Posted by OngLai88 > 2017-10-16 12:37 | Report Abuse

Posted by sparta > Oct 16, 2017 10:33 AM | Report Abuse

Announcement will shock u..
.........................................
insider information. sparta can go in makan free

Posted by stevenwongg > 2017-10-16 14:04 | Report Abuse

Your so call announcement is it malaysia budget?

OngLai88

1,234 posts

Posted by OngLai88 > 2017-10-16 15:09 | Report Abuse

buy now, sparta announcement coming

sparta

214 posts

Posted by sparta > 2017-10-16 15:11 | Report Abuse

https://klse.i3investor.com/blogs/spartan/134451.jsp - BELIEVE YOURSELF - LAST JET!

sparta

214 posts

Posted by sparta > 2017-10-16 15:11 | Report Abuse

=) ENJOY!

The_Rock

65 posts

Posted by The_Rock > 2017-10-16 15:27 | Report Abuse

Bandar Malaysia related?

bjgdila123

3,470 posts

Posted by bjgdila123 > 2017-10-16 15:35 | Report Abuse

buyyyyyyyyyyyy

bjgdila123

3,470 posts

Posted by bjgdila123 > 2017-10-16 16:09 | Report Abuse

CI berapa hari mau turun

Posted by confidential > 2017-10-16 17:45 | Report Abuse

The Board of Directors of Malton wishes to announce that the Company proposes to seek shareholders’ approval for the following:-



Proposed Renewal of Authority for Share Buy Back of up to 10% of the total issued share capital of the Company; and


Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a revenue or trading nature

xerxes

42 posts

Posted by xerxes > 2017-10-17 09:26 | Report Abuse

sparta channel still asking for fees? malton barely moves....so lembik. I doubt property stocks will move. If u deny the property glut, take a good look around in the city and ask bank officers. Malton still doing well? worse result is coming. Hope they dun falsifying financial data or sales. Qatar also dun wan to build Harrods hotel in KL....wat else sign u looking for? Too much retail spaces causing gluts.

xerxes

42 posts

Posted by xerxes > 2017-10-17 09:27 | Report Abuse

now there are more sellers than buyers. even queue buy also so litte and weak...how to move? many other better stocks....this not worth lah

Posted by antitlgm > 2017-10-17 10:42 | Report Abuse

sparta waiting to sell i think

Posted by TheLegend27 > 2017-10-17 10:56 | Report Abuse

so that good announcement is the 1 make it move yesterday? after the so called not attractive news out people start sell? gg

Posted by confidential > 2017-10-17 11:12 | Report Abuse

sparta have to show limit up power before everyone will be joining the group...

Johnfatt

417 posts

Posted by Johnfatt > 2017-10-17 11:57 | Report Abuse

construction counters one day kantoi already, lousy Sparta

Posted by antitlgm > 2017-10-17 12:04 | Report Abuse

how much to join your group sparta ? statistics of winning or losing trades ?

Johnfatt

417 posts

Posted by Johnfatt > 2017-10-17 13:30 | Report Abuse

TA is convincing, but lack of some catalyst

xyXy

693 posts

Posted by xyXy > 2017-10-18 12:40 | Report Abuse

wellcome to Holland.......sparta

Posted by confidential > 2017-10-19 10:30 | Report Abuse

raise and shine...see you at 1.35

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