Posted by txfs > 2018-07-25 10:51 | Report Abuse

Malton –Transforming to a shopping mall operator?https://klse.i3investor.com/blogs/txfs_blog/165603.jsp

Posted by txfs > 2018-07-25 10:51 | Report Abuse

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

Posted by Lim Tek Wai > 2018-07-25 10:52 | Report Abuse

Profit keep increasing !

Posted by jacksonfoo88 > 2018-07-25 14:53 | Report Abuse

sold

Posted by SuperVegetto > 2018-07-25 16:36 | Report Abuse

if sell now, later hard to buy back. this thing at least 0.83

Posted by Larrytrader > 2018-07-25 16:41 | Report Abuse

Sold.Bought 2000 shares at 0.62 sold at 0.675.Earn 25.21 only.Big Shark selling.

Posted by uptrending > 2018-07-25 19:08 | Report Abuse

Short term traders beware that today's Candle is a Spinning Top... Expect short term correction..

Posted by txfs > 2018-07-25 21:48 | Report Abuse

In 2017, Sunway Pyramid is earning RM229.6m, Mid Valley is earning RM277.9m. If Malton's Pavilion Bukit Jalil occupancy rate is in line with the comparison, it will be earning somewhere close to RM250m.

Posted by txfs > 2018-07-25 21:49 | Report Abuse

Market cap at RM1 per share is "only" RM528m.

Posted by sjy88 > 2018-07-25 22:47 | Report Abuse

Malton already cleared 68cents hurdle. It is quite easy to attack up liao from now on, next resistance around 79cents. Hope it can clear it!

Posted by uptrending > 2018-07-26 05:28 | Report Abuse

Both Sunway Pyramid and Midvalley are very strategically located with vast catchment areas. I still have reservations on the immediate success of the Pavillion BJC Mall. Its location is still a bit out and it has to compete with many established Malls like Sunway Pyramid and Midvalley.. it will take long time for it to come close.. Too many Malls in the Klang Valley nowadays... There is one near home for everyone... hihi... That's is my concern..

Posted by uptrending > 2018-07-26 05:48 | Report Abuse

Spinning Top Candle.
for reference only. Thanks

https://forextradingstrategies4u.com/spinning-top-candlestick-pattern/

Posted by txfs > 2018-07-26 08:31 | Report Abuse

1.Why focus on daily price movement when Bukit Jalil City has a bright future?
2.Bukit Jalil itself is a upcoming township with growing population, the mall will not only serve bukit Jalil residents but nearby township like Puchong
3. Tenancy rate at 90% to 100% will bring good profit. I am not worry about footfall over the short term if the mall provide good offering. Footfall will grow itself.

Posted by sjy88 > 2018-07-26 08:50 | Report Abuse

agree, price up and down of a stock is what investors need to psychologically prepared. If no strong heart and psychology, better don't invest in stocks

Posted by sjy88 > 2018-07-26 09:19 | Report Abuse

every banker stock has a trend, where it's price will bottom out, then first pull up, then pump low price to shake you out, then pull it up again....can we catch this stock?

Posted by uptrending > 2018-07-26 09:58 | Report Abuse

Yes, there are short term traders and long term investors. This is an uncertain time. Too many problems investors have to face and wary about. There are trade wars, potential stagflation, an almost 10 years bull, potential invert yield curve of the US treasury bond... Be vigilant and agile.. Only my personal view.. Haha!

As I posted earlier, both daily and weekly macd are positive.. So whichever side you take, I am just sharing both sides of the coin.. Hihi..

Posted by sjy88 > 2018-07-26 10:38 | Report Abuse

thanks for the enlightenment uptrending. Yeah, lots of global issues, despite all data (leading economic indicator) in USA are pointing to a resilient 2018 and 2019. We'll see S&P and DOW hitting record high this year

Posted by 叶子 > 2018-07-26 16:57 | Report Abuse

Fur sure this is NOT the PEAK for the stock yet

Posted by freonsf > 2018-07-26 16:58 | Report Abuse

Hi Ye Zi, how do know this is not the peak for Malton?

Posted by txfs > 2018-07-26 21:07 | Report Abuse

Pavilion REIT 2Q NPI up 18%, pays 4.34 sen DPU
http://www.theedgemarkets.com/article/pavilion-reit-2q-npi-18-pays-434-sen-dpu

Posted by txfs > 2018-07-26 21:08 | Report Abuse

Pavilion Bukit Bintang is doing good. What about Pavilion Bukit Jalil?

Posted by 叶子 > 2018-07-27 10:06 | Report Abuse

Hi freonsf, simply because this is still in the BOTTOM range. haha

Posted by l3ryan > 2018-07-27 11:01 | Report Abuse

txfs, you can't compare pavilion bukit bintang to bukit jalil.. pavillion bukit bintang is smack in golden triangle and is a tourist heavy area.. there is no reason for it to not perform.. but can the same be say for Bukit Jalil? will tourist come? is just not a fair comparison, need to have realistic expectations on how Bukit Jalil city will perform. as of now the main focus is the 49% stake sold to canada pension materialize, there for sure share price will scale new heights..

Posted by sjy88 > 2018-07-27 12:35 | Report Abuse

L3ryan, I think even if give 50% discount to BJC Pavilion, the current price of Malton is still undervalued, that is why it attracted Canadian pension fund

Posted by l3ryan > 2018-07-27 13:38 | Report Abuse

I don't think the share price of malton attracts canada pension fund, is their interest in investing in Pavilion bukit jalil city which is why they are in the talks to buy 49% of the stakes in there.. they are not buying 49% of Malton shares.j

Posted by SuperVegetto > 2018-07-27 17:06 | Report Abuse

no 1 gonna sell u 49% of malton share at current price in the open market.. even if they want to buy... lolzzzz

Posted by txfs > 2018-07-28 09:23 | Report Abuse

Yes you are right, we are facing execution risk as well. So it's like Bukit Bintang before Pavilion is built years ago when it is not a tourist hotspot. The design, the offering, the tenancy mix, marketing etc. is the important thing to attract footfall. Of course, size matters because if 1.8m sqft of retail space can be filled up, you will get anything you want there and hence less people will go to the second tier and third tier shopping mall. Logically, retailer will look for the best mall. If management is competent enough, they will have no problem executing this and get the retailer filled up the space. Just not forget that it is riding on the Pavilion branding and sharing the same management team with Pavilion Bukit Bintang.

Posted by txfs > 2018-07-28 09:36 | Report Abuse

The question currently is:

1.What is 100% of the shopping mall worth? The market cap today is RM350m. Is it worth only RM350m without counting the value of the property and construction segment?

2. Beside stake sale to Canada Pension Plan, can a better deal be sourced to maximize the value of shareholder? If the deal go through, will it be distributed to shareholder through special dividend?

3. The company is having a huge float on the market. Is institution shareholder/activist willing to build a large position to ensure question 1 and 2 to be addressed?

Posted by nemesis > 2018-07-28 09:39 | Report Abuse

Can Pavillion Bukit Jalil be comparable to Mid Valley in terms of earnings and popularity...

Posted by sjy88 > 2018-07-28 11:05 | Report Abuse

Txfs, I like the questions you asked. Very relevant.
@nemesis, I think Pavilion BJC mid term wise won't match mid valley popularity. However population at Klang valley will only grow. By 2020 estimated will be 10mil population. Need to disperse the crowd to different part of Klang valley....hope BJC can serve as one of the important catchment

Posted by txfs > 2018-07-28 22:31 | Report Abuse

MALTON – The Ultimate Question
https://klse.i3investor.com/blogs/txfs_blog/167298.jsp

Posted by davidkkw79 > 2018-07-28 22:41 | Report Abuse

The questions can't be equal to share price. Nta play is very dangerous.

Posted by uptrending > 2018-07-29 07:13 | Report Abuse

A bullish Hammer in Candlestick was formed on the last trading day, last Friday, reversing the short term correction and has found a temporary bottom @65 sen.
It is going to challenge the recent high of 70.5 sen. If surpass, will move higher.

Cheers!

Posted by uptrending > 2018-07-29 07:32 | Report Abuse

Meanwhile, Daily and Weekly MACD remain positive and will last a while. The uptrend remains intact.

Posted by uptrending > 2018-07-29 07:47 | Report Abuse

I visited the BJC site yesterday afternoon and was very impressed. The 4 towers of the Park Residence have already reached the top floor and I was told by someone on site that internal plastering and even painting are in progress with many floors completed.

Construction of the 2 towers of Park 2 are also in progress. The structures of at least one of towers has already reached the 3rd floor.

The Mall is progressing well and has reached the 3rd floor. The construction of the mall is in full swing. I was told that the workers worked till midnight and even 24 hours when concreting work was being done.

It is very promising that the coming Quarter results to be released at the end of August would be very good as the progress claims on the 4 towers of Park Residence would be very substantial.

Disclaimer : This is a personal view and not a buy or sell call. If you do, you are doing it at your own risks.

Posted by sjy88 > 2018-07-30 00:32 | Report Abuse

@uptrending, really appreciate your visits there with latest progress report. It serves as good sign and determination of Malton to deliver on time to customers. All the best in our investment!

Posted by uptrending > 2018-07-30 09:36 | Report Abuse

sjy88

It is actually very impressive with the progress of the work on site.
The company is actually doing a very good job. Since more than 90% of all the 4 towers of Park Residence and the 2 towers of Park 2 have been sold, it is good for the company to expedite the work to completion as soon as possible. This will GENERATE very good cash flows and book in the unbilled sales, which is more than RM 1 Billion forward to finance the construction of the Mall, the jewel of the whole BJC project.

The management is actually very smart as we can see that the cash flow of the project is very good. The project and the construction of the Mall could be financed with the cash flow from the Signature Shops earlier and NOW, the Park Residence and the Park 2.

I think the project could be completed ahead of schedule.

Cheers!

Posted by Yael Jasper > 2018-07-30 10:24 | Report Abuse

Bought last week, today start taking profit

Posted by uptrending > 2018-07-30 11:10 | Report Abuse

Bought @50 sen.
Still holding. Let the profits RUN!
hihi..

Posted by l3ryan > 2018-07-30 11:24 | Report Abuse

should be soon to scale above 0.705

Posted by Lim Tek Wai > 2018-07-30 11:45 | Report Abuse

Huge profit incoming!

Posted by OngLai88 > 2018-07-30 12:26 | Report Abuse

Waiting to sell at 0.74 resistance

Posted by uptrending > 2018-07-30 15:27 | Report Abuse

I actually wonder why the owners do not make a GENERAL OFFER to take the company PRIVATE as it is sooo cheap and lucrative. But if the offer price is too low, minority shareholders may not want to accept the offer.. lol

Posted by uptrending > 2018-07-30 16:40 | Report Abuse

Maybe it is cheaper to accumulate in the market. LOL

Posted by kathyng > 2018-07-30 22:46 | Report Abuse

So is the price cheap now?

Posted by uptrending > 2018-07-30 23:38 | Report Abuse

As of 31st March 2018, per share

NTA :rm1.73
RNAV estimated @rm3. 00, (the Mall upon completion may add more value) RNAV usually is discounted, say 40%-50%, will arrive @1.50-1.80
3QFY18 EPS as of 31st March 2018: 10.6sen
TTM 19sen
Dividend :2.5 sen (FY 16 and FY 17)

If this company is taken private, what should be the minimum offer price that the shareholders would think that it is fair?

Just for sharing.

Disclaimer : This is not a buy or sell call. If you do, you are doing it at your own risks.

:)

Posted by uptrending > 2018-07-31 07:50 | Report Abuse

MALTON BHD

Tan Sri Desmond Lim converted 29,054,176 RCSLS to common stock (shares) @RM1.00 and balance 10,565,153 was redeemed for cash @rm1. 00 as revealed in the Annual Report 2017.

" RCSLS in the Company
Indirect interest
Tan Sri Lim Siew Choon
Balance as at 1.7.2017....39,619,329* conversion.......................(29,054,176)
redeem.............................(10,565,153) -
Puan Sri Tan Kewi Yong
Balance as at 1.7.2017.....39,619,329* conversion........................(29,054,176) redeem..............................(10,565,153) "

Source : Malton Annual Report 2017

Posted by Wai Yoong > 2018-07-31 12:43 | Report Abuse

I thought 0.675 was cheap to enter but how come the price is dropping so heavily now ?

Posted by uptrending > 2018-07-31 13:40 | Report Abuse

drop 1 sen also kaobehkaobo.. hihihi

Today T+4 for the heavy volume 19.34 million which reached recent high of 70.5 sen
Now dropped 1 sen on small volume of 1.5689 million shares.

Since 14th of May after GE 14, TOTAL volume transacted in the market todate is 418.88million

If there is a main buyer who has been collecting the shares, the 63% free float of the total share issued of 528.55 million, that is 333.2 million shares, would be dried up soon....

Otherwise who has been collecting?

:)

Posted by uptrending > 2018-07-31 14:00 | Report Abuse

The downleg 14 - 5-18 to 6-7-18, 8 weeks, dropping from 72sen to 49sen, total vol done is about 207 million shares. The upleg since 9th July from 50 sen to 70.5/67 now, less than 4 weeks, total volume done is about 211 million shares..

It is very healthy.

Disclaimer : just for sharing. Buying or Selling at your own risks.

:)