9000+ lots queueing up to buy at 53sen during closing time just now, but still not enough seller to fulfill their orders, still 9000+ lots pending sellers at closing time. I think 53sen is the lowest level , rebound tomorrow :)
How big is the land that has been used for development & how many parties were involved in disposing the land to Memang Perkasa Sdn Bhd other than yayasan?
TRK has got no case against the development. It is willing buyer willing seller of the land . The KL High Court already dismissed this case on Dec 14 , 2017.
Malton is an excellent company , very well managed and always deliver the houses and buildings ahead of time. Many previous buyers are happy with the quality of the houses delivered.
It has taken way too long to rebound, I bought it when the price was at 0.80 which was few days right after the election. So how likely it is for the share to go back up to 0.80 or I should cut loss now ?
How come there’s no buying & selling after the break? Is it that support price is at 0.530 in this case ? Since nobody is willing to sell off at 0.525 and nobody is willing to buy at 0.535 so the support level must be in between ?
Malton Bhd - Riding on Pavilion's branding Author: southwark | Publish date: Thu, 14 Jun 2018, 09:50 AM
75% of Malton’s revenue comes from property development and the remaining 25% is from construction.
Prospects
As at November 2017 - unbilled sales of RM1.2 billion, which will support earnings for the next three years. Mainly Bukit Jalil City.
Malton’s construction order book stands at RM1.8 billion, having secured six projects, including Pavilion Ceylon Hill, Pavilion Embassy, Pavilion Damansara Heights, Royal Pavilion Hotel and two others.
Financials Assume annual revenue of RM850m, net profit margin at 10% = RM85m net earnings
Current market cap at RM0.53/share is RM282m.
Future Corporate Action
Potential merger with WCT
Executive Directors:
Tan Sri Lim Siew Choon Lim Siew Fai Tan Kewi Yong Chua Thian Teck Hong Lay Chuan
Most unfortunate thing is Malton is too closely related to the scandalous ex-government. Malton fundamental will need to shine after all the scandals dies down
increased by 1sen at closing time... 53sen now.... maybe, privatisation, merger, etc in future might help to boost its share price.... for example, recent news, etc on astro has boosted its share price a lot :)
didn't get the chance to buy at 0,515... but however, the scandalous things should die down already, but why KLCI is still looks like no harapan? weird...
No one knows the timing, but logically looking at fundamental, this will be a good entry point, but someone name @wingold said overprice, i want to know what is his reasoning?
look at the trend, my motive to hold it become lesser... true the funny mental is good, but, there are plenty good funny mental company like this, and the one with bad funny mental, go up...
This company is doing pavillion 2 and 3 jobs until 2021, they hold prime land surrounding pavillion area. The development project selling rate is also pretty good although property market is soften now
@azfar8 from the way you commented, i think your intention is to trade more than invest, because clearly this will take some time for it's fundamental to be unlock again, so if it falls out of your trading strategy then you should cut loss
nope I want make investment, but when I see everyday go down when market is up, also down when market is down, I feel disappointed... there is no fight after a long drop... such a loser, and I don't want to invest in such a loser company...
did you see the market correction the past 2 days? now you know why it doesn't up? still i think you need to understand more on the market forces, and if you are in just because you want to make a quick buck, i advice you to cut loss, if you are in for a medium - long term investment then just hold on there.. at least 6 months.
correction or not, up is still up... it is up to me to hold it or not, I can give myself a day or two to start rethink whether or not to cut it or not. don't assume or think about me, I cant put a word in this forum?
I think no one stop you from commenting, don't get too work up on it. Just reminded me of the many frustrated so call "investors" who bought in expecting few cents gain in few days but end up "investment" went wrong direction and start making emotional fuss. Not talking about you btw.. don't take it too hard.
I think the share hasn’t reached its lowest yet, its lowest could be 0.5 so if you plan to buy this stock at the most reasonable price, I think you can start accumulating when the price touches 0.50
As long Tan Sri not make a press conference to clear his company name, it will burden to him. Kasi derma sikit lah kpd Tabung Harapan.. Like a MYEG & MATRIX.. Definitely will rebound..
It closed at 0.52 today again but day trade could go as low as to 0.51, I think someone is intentionally trying to push down the price and, on the other hand, someone is trying not to let the price go too low. I think it’s going to rebound anytime soon if support level is 0.52 for closing of each day
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....
Victor Yong
8,271 posts
Posted by Victor Yong > 2018-06-13 19:26 | Report Abuse
9000+ lots queueing up to buy at 53sen during closing time just now, but still not enough seller to fulfill their orders, still 9000+ lots pending sellers at closing time. I think 53sen is the lowest level , rebound tomorrow :)