Posted by uptrending > 2018-07-19 11:13 | Report Abuse

https://www.sunwayreit.com/sunway-pyramid-shopping-mall/

1.8million sq ft of lettable area is slightly bigger than Sunway Pyramid..

Posted by uptrending > 2018-07-19 11:17 | Report Abuse

https://www.reuters.com/finance/stocks/companyProfile/IGREbi.KL

Mid Valley Megamall and the Tower Garden Mall

Posted by sjy88 > 2018-07-19 11:53 | Report Abuse

Hi sifu here, got some questions here for discussions:
1. Is Malton going to manage the Bkt Jalil mall? Will Malton control the tenants and who she lease to? Or Malton focus on selling the retail shops and done with it? I need this info to decide if I should invest long term or sell the shares now.
2. After the mall completion, if she intend to manage the mall, maybe she should spun itself off to become a REIT and govern by REIT regulations? ANy pros and cons?

thanks sifu ya, let's have some discussion. I quite like Malton

Posted by Rosmah Ali > 2018-07-19 12:00 | Report Abuse

Ho..Ho... TP Rm1??

Posted by uptrending > 2018-07-19 12:03 | Report Abuse

https://www.thestar.com.my/business/business-news/2017/08/26/the-power-of-two-in-bukit-jalil-city/

Posted by uptrending > 2018-07-19 12:06 | Report Abuse

http://www.theedgemarkets.com/article/canada-pension-plan-may-buy-stake-pavilion-bukit-jalil?type=corporate

Posted by txfs > 2018-07-19 12:14 | Report Abuse

sjy88, you are very smart when you focus on the mall while the market ignore it. As of now, no concrete plan has laid out yet but you should remember that it is 100% owned by Malton currently.

Posted by l3ryan > 2018-07-19 13:05 | Report Abuse

Let's put this out as discussion, how much would the share price be once the canada pension bought over 49% of the stakes? as of now the news are just saying "May buy" but what happens if it become "Bought"?

Posted by SuperVegetto > 2018-07-19 13:55 | Report Abuse

revenue secured.. if bought. EPS good, hope give more dividend, if no more future project

Posted by uptrending > 2018-07-19 14:04 | Report Abuse

https://www.propsocial.my/property/9077/jalan-ipoh/duta-park-residences

Malton current project at Jalan Kuching.

Notshort of project..

Posted by uptrending > 2018-07-19 14:08 | Report Abuse

Regional mall

The Bukit Jalil City project will also see the development of the Pavilion Bukit Jalil City Mall by the Pavilion Group. Hong is confident that there is still room for growth despite the current glut in the retail sector.

“While there is a growing number of malls facing intense competition in Klang Valley, many are not successfully run or occupied. Hence, there is still room to grow a successful mall in the country as growth is still evident in the retail business.

“Mall development, concept, retail diversity, traffic, location, brand and an experienced retail team are contributing factors to a successful mall.”

Last week, Pavilion KL retail chief executive officer Datuk Joyce Yap said the mall, which would open for business in 2020, has received more than 1,000 registrations.

She said the Pavilion group is targeting sales of RM1.7bil for the mall in its first year of operations, adding that the shopping centre is expected to hit an expected occupancy rate target of over 70% when it begins operations in 2020.

Hong says the mall will differ in terms of scale and concept from other malls, adding that the entertainment and shopping experience offered will cater to customers of all age groups under one roof.

“Exquisitely designed by the KL Pavilion Design Studio, the regional mall façade, which stretches up to 560m, is built to give maximum visibility to the retailers’ brands.”


Read more at https://www.thestar.com.my/business/business-news/2017/08/26/the-power-of-two-in-bukit-jalil-city/#i59lkXv0XSkteDmq.99

Posted by uptrending > 2018-07-19 14:26 | Report Abuse

The Chart looks like very bullish " Cup and Handle"

Any Good Chartist here to comment?

Posted by sjy88 > 2018-07-19 15:53 | Report Abuse

first resistance was around 59cents...now it has breakout. Next resistance around 70cents

Posted by uptrending > 2018-07-19 16:01 | Report Abuse

I thought there are resistance at 63 64 and 65

Now 63 64 broken... See 65.. Then higher... Aha ha

Posted by 叶子 > 2018-07-19 16:06 | Report Abuse

Invest more......

Posted by 叶子 > 2018-07-19 16:10 | Report Abuse

Hugely under value due to FEAR

Posted by sjy88 > 2018-07-19 16:25 | Report Abuse

Fear of Rosmah Najib effect right?

Posted by Rosmah Ali > 2018-07-19 16:35 | Report Abuse

Still more to come.....

Posted by hollandking > 2018-07-19 16:38 | Report Abuse

going up on huge volume, what's cooking?

Posted by Larrytrader > 2018-07-19 16:58 | Report Abuse

Bought in today

Posted by Larrytrader > 2018-07-19 16:59 | Report Abuse

At 0.62

Posted by Larrytrader > 2018-07-19 16:59 | Report Abuse

2000 shares only for Teh tarik money

Posted by hollandking > 2018-07-19 17:00 | Report Abuse

i bought at bottom, hehe

Posted by hollandking > 2018-07-19 17:03 | Report Abuse

should have bought more at tht time, knew what i was doing but didnt trust myself, always play safe

Posted by cindy98 > 2018-07-19 17:09 | Report Abuse

bought in today ... play safe is good @hollandking

Posted by nkk53 > 2018-07-19 17:37 | Report Abuse

All the way to 0.80 and then,can go for holiday

Posted by apolloang > 2018-07-19 17:40 | Report Abuse

holiday only mana cukup....I wanna a meseratti....hahaha

Posted by ariffrazak > 2018-07-19 21:41 | Report Abuse

Good run today for this counter. After all, its book value is 1.73

Posted by sjy88 > 2018-07-19 23:26 | Report Abuse

ariffrazak, this counter NTA been ~RM1.6 for quite a long time, market only reward it ONE time only late last year when the price was close to RM1.6 RM1.7....I believe market will not use NTA to do valuation for this counter. They use PER

Posted by txfs > 2018-07-20 08:38 | Report Abuse

In the past pavilion is only in design stage, now they are in construction stage, do you think pass valuation still valid? You need to also factor in the strong unbilled sales and order book from property and construction segment

Posted by txfs > 2018-07-20 08:40 | Report Abuse

From 2017 annual report, you can see that they have construction orderbook of RM859m and RM1 billion unbilled sales from property segment

Posted by EST85 > 2018-07-20 09:10 | Report Abuse

@txfs > order book of 859M and 1 bil unbilled sales > So what is consequence?

Posted by swtue2 > 2018-07-20 09:59 | Report Abuse

panic seller gonna cry liao..TT

Posted by dabg > 2018-07-20 10:50 | Report Abuse

bought some to keep

Posted by core9design > 2018-07-20 11:46 | Report Abuse

I bought last yr at 1.15, then averaged down heavily at 50sen. Go go go

Posted by Jonathan Teh > 2018-07-20 12:41 | Report Abuse

Malton is kinda a disappointment compared to the other construction stocks.

Posted by l3ryan > 2018-07-20 12:55 | Report Abuse

so what is your average now core9design?

Posted by mrknowled > 2018-07-20 13:19 | Report Abuse

Take profit at 0.64 byebye

Posted by uptrending > 2018-07-20 14:05 | Report Abuse

http://yigedama.info/article/1531938482

Posted by uptrending > 2018-07-20 14:08 | Report Abuse

Is Malton involved? https://www.nst.com.my/news/nation/2018/07/391729/federal-territories-ministry-seek-macc-update-dbkl-land-sale-case

Posted by core9design > 2018-07-20 14:37 | Report Abuse

72 sen 3ryan

Posted by l3ryan > 2018-07-20 15:36 | Report Abuse

all the best!

Posted by sjy88 > 2018-07-20 16:47 | Report Abuse

@EST85, i believe what txfs meant is that its earning per share will only keep growing when unbilled sales materialize as profit in the account book. EPS will only grow, while long term wise supported by healthy order book of 859million.

Posted by nkk53 > 2018-07-21 08:48 | Report Abuse

Should go back to pre election level easily

Posted by txfs > 2018-07-21 11:13 | Report Abuse

Even at pre election level RM1.2, it is selling at "only" PE6, this did not even take into account the potential from Pavilion Bukit Jalil, the mega shopping mall which is on par with Mid Valley and Sunway Pyramid

Posted by txfs > 2018-07-21 11:16 | Report Abuse

When the mall is complete, you can benefit from 1. the earning from shopping mall, 2. PE expansion since market will pay a higher PE for a recurring revenue, 3.inflation adjusted rental revision from shopping mall rental

Posted by uptrending > 2018-07-21 18:14 | Report Abuse

Let's talk of the price action in the last 2 days...

Thursday closed 2.5 sen off high of 64.5 sen @62 sen... on huge volume of 59M shares, half of which at or above 62 sen

Friday closed at the lowest of the day @61 sen with about 17 million shares transacted, highest @64 sen..

Heavy volume of shares due for picking up in the next few days... hopefully no adverse news from FT ministry or MACC... keep your fingers crossed..

Posted by sjy88 > 2018-07-22 09:39 | Report Abuse

uptrending, there are quite many listed company developers actively involve in KL, may I know the reasons where Malton might be associated with this news that you talk about with FT Ministry/MACC?

Posted by txfs > 2018-07-22 09:53 | Report Abuse

MALTON – Bukit Jalil City Progress https://klse.i3investor.com/blogs/txfs_blog/166309.jsp

Posted by Rambang Hartanah > 2018-07-22 15:51 | Report Abuse

I believe malton will hit one ringit back..hihi