Posted by kathyng > 2018-07-31 21:39 | Report Abuse

So tomorrow will go up or not?

Posted by uptrending > 2018-07-31 22:34 | Report Abuse

I would say that the chance of it going up tomorrow or the near future is very promising as there would be less selling pressure, less shares due on T+3 or T+4 for the next few days and judging from the strong demand of the share today @66.5 sen.

Technically, it is still on an uptrend. Daily and Weekly MACD is still positive. The price chart is tracing a "flag" formation since it reached the recent high of 70.5, the volume is reducing while the price is softening. After the short term consolidation, the upward move would be even much stronger.

Keep our fingers crossed. Hihi.

Disclaimer : This is not a buy or sell call. If you do you are taking your own risks.

Posted by Jack888 > 2018-08-01 08:21 | Report Abuse

Malton...buy more...still in uptrend..

Posted by sjy88 > 2018-08-01 09:29 | Report Abuse

@uptrending, TQ for digging up the 2017 annual report. When Tan Sri redeemed so many shares at RM1 each, does he need to really fork out RM1 for each share? Just want to learn up RCSLS.

Posted by txfs > 2018-08-01 09:54 | Report Abuse

Yes, it is unfathomable that people are still willing to sell at this price. They forget that they have an upcoming mega-shopping mall. They forget that their company have good sales and order book. They forget that they are selling at one third of book value as well as PE of 3. They forget that most of the stock battered down by fear from trade war and GE14 has already rallied for more than 50% from the lowest point.

Posted by txfs > 2018-08-01 09:58 | Report Abuse

Just look at the huge volume done to date, if there are big hand buying, they are happily accumulating with a small premium pay from lowest point but a big discount from true value.

Posted by Yael Jasper > 2018-08-01 10:00 | Report Abuse

buy now and reward later

Posted by txfs > 2018-08-01 10:00 | Report Abuse

Are big hand attempting to answer the ultimate question?
https://klse.i3investor.com/blogs/txfs_blog/167298.jsp

Posted by uptrending > 2018-08-01 11:03 | Report Abuse

The Daily Chart is tracing out a rounding bottom, waiting for breakout resistance @70.5 sen...

https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:rounding_bottom_reversal

Posted by sjy88 > 2018-08-01 11:35 | Report Abuse

for a different thought, if Malton intend to inject BJC into PAVREIT, it will create a big one time windfall profits/special dividends for Malton share holders. This is another route that Malton can do. Any thoughts?

Posted by uptrending > 2018-08-01 11:41 | Report Abuse

Only the Mall, if any, not the whole BJC...

Could just sell the Mall to PAVREIT.
PAVREIT has previously bought other Malls like Da Men in USJ..

Posted by uptrending > 2018-08-01 18:00 | Report Abuse

Price is holding well and Volume done today is reduced to only 2 million shares.

Shares must have been transferred from weak and small hands to strong and big hands. Nice!

What do you think?

:)

Posted by sjy88 > 2018-08-01 20:25 | Report Abuse

big hands wanna shake us out...price may revisit low

Posted by uptrending > 2018-08-01 21:17 | Report Abuse

Unlikely to go low...

Judging by the total volume transacted since 14th of May, big hands should have accumulated a lot.. the left over shares of the hard core not much already. Anticipate good results would be released end of the month.. The 49% Stake buy of the Mall by the Canadian Pension Fund could conclude anytime soon if it materialises.

Time is pressing and less sellers now at this price.

Just sharing. Trade at your own risks.

:)

Posted by uptrending > 2018-08-02 07:02 | Report Abuse

Reported by the Edge last month. Just to refresh.

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

Posted by uptrending > 2018-08-02 14:02 | Report Abuse

Trade war fear

Now 65 sen
Annual dividend 2.5sen gives a yield of 3.85 %, comparable to FD rate.

Posted by sjy88 > 2018-08-02 14:10 | Report Abuse

time to shake it shake it too....

Posted by uptrending > 2018-08-02 14:23 | Report Abuse

1. 8 million square feet of Pavillion BJC MALL, how much net income could it generate upon completion?

Below is the rental rate for the retail malls in the Klang Valley

RENTAL RATES OF SELECTED SHOPPING CENTRES IN KLANG VALLEY
Shopping centres in Klang Valley registered a slight decline in achieved rental rates in 2017. Many landlords offered rental
rebates and a longer rent-free period to existing and prospective tenants instead of reduction in rental rates.
The rental rates of selected shopping centres in Klang Valley are detailed out in the table below:
Table 5: Rental Rates of Selected Shopping Centres in Klang Valley, 2017
Name Rental Rate (RM per square feet per month)
Lower Ground Ground Floor First Floor Second Floor Third Floor Fourth Floor
Suria KLCC 25.00 – 150.00 50.00 – 150.00 36.00 – 90.00 35.00 – 86.00 30.00 – 90.00 30.00 – 56.00
Low Yat Plaza 10.00 – 20.00 19.00 – 45.00 22.00 – 32.00 11.00 – 31.00 15.00 – 28.00 11.00 – 20.00
Cheras Leisure
Mall
15.00 – 29.00 14.00 – 18.00 10.00 – 18.00 8.00 – 15.00 NA NA
M i d V a l l e y
Megamall
28.00 – 60.00 39.00 – 60.00 18.00 – 48.00 11.00 – 30.00 10.00 – 28.00 NA
S u n w a y
Pyramid
14.00 – 28.00 20.00 – 32.00 13.00 – 30.00 13.00 – 26.00 7.00 – 17.00 NA
The Mines NA 7.00 – 15.00 7.00 – 12.00 6.00 – 9.00 6.00 – 9.00 5.00 – 7.00
SACC Mall 7.00 – 18.00 4.00 – 18.00 5.00 – 20.00 2.00 – 6.00 4.00 – 8.00 NA
NA – not applicable
Source : Property Market Report, NAPIC / Henry Butcher Retail

Posted by Wai Yoong > 2018-08-02 21:13 | Report Abuse

So what’s your point of telling your all these? Is the price moving up ? If the price is not, so what’s your point ?

Posted by uptrending > 2018-08-02 22:06 | Report Abuse

Childish

Posted by sjy88 > 2018-08-03 08:55 | Report Abuse

@Wai Yoong, the price has moved up since low of 49cents, it hit high of 70.5cens earlier, can you see??

Posted by l3ryan > 2018-08-03 10:12 | Report Abuse

Drop more good time to accumulate again

Posted by nkk53 > 2018-08-03 12:49 | Report Abuse

Q at 0.625

Posted by SuperVegetto > 2018-08-03 16:07 | Report Abuse

it wont drop below 0.63. want buy cheap then buy now.

Posted by l3ryan > 2018-08-03 17:52 | Report Abuse

wow so confident? let's see then

Posted by Maurice1688 > 2018-08-03 18:42 | Report Abuse

This counter ties with wct

Posted by nemesis > 2018-08-04 01:02 | Report Abuse

It always moves in tandem with WCT like its twin brother...

Posted by 1214258703 > 2018-08-04 17:50 | Report Abuse

entered again

Posted by ariffrazak > 2018-08-05 00:12 | Report Abuse

Good company. I wonder why it has been on downtrend since May 2017

Posted by txfs > 2018-08-06 10:54 | Report Abuse

A side note:
Malton normally announces dividend of 2.5 sen to 3 sen in October every year. In 2017, Malton achieved the highest net profit compare to pass five year. It is possible that the company will announce 3 sen dividend or even higher. At RM0.70 per share, 3sen dividend per share will translate to a yield of 4.3%.

Posted by txfs > 2018-08-06 11:05 | Report Abuse

2018 EPS is 19.74sen. Even a 15% payout of earning (3 sen dividend) offer a decent yield.

Posted by uptrending > 2018-08-06 14:59 | Report Abuse

TSRDL
converted 29,054,176 RCULS to shares in 2017.
Bought 3,200, 000 shares in the open market in April 2018 at prices ranged 75-86
Bought 6, 800,000 shares in the open market in May 2018 at prices ranged 54.5-59.5
Total bought 10,000,000 shares in April and May 2018 at estimated average price of around 65..

As his share holdings was more than 35 % then,
could only buy not more than 2% every six month.

So there is value in the share..

Posted by uptrending > 2018-08-06 15:10 | Report Abuse

The RCULS was CONVERTED to share on 1 to 1. There was the option to redeem for CASH for RM 1 per RCULS.

Posted by txfs > 2018-08-06 15:15 | Report Abuse

Uptrending, why only 2% every six month? Is there any rule regarding this?

Posted by l3ryan > 2018-08-06 15:38 | Report Abuse

Can collect below 60 cents again? i wonder

Posted by uptrending > 2018-08-06 15:38 | Report Abuse

Controlling shareholders holding more than 33% but less than 50%, must not exceed the CREEPING THRESHOLD.

creeping threshold means an acquisition of more than two per
cent of the voting shares or voting rights of
a company in any period of six months by an
acquirer holding over 33 per cent but not
more than 50 per cent of the voting shares
or voting rights of the COMPANY.

Posted by txfs > 2018-08-06 15:40 | Report Abuse

Wow, this is a very useful information, thanks for the sharing uptrending!

Posted by txfs > 2018-08-06 15:42 | Report Abuse

Coincidentally, major shareholder just bought 1.9% of the outstanding share in April and May. Imagine what the price will be if there are no rule on the Creeping Threshold.

Posted by txfs > 2018-08-06 15:44 | Report Abuse

What a golden time that we have.

Posted by uptrending > 2018-08-06 15:47 | Report Abuse

PART B: TAKE-OVER OFFER
RULE 4
Mandatory offer
4.01 Unless otherwise exempted by the SC, a mandatory offer shall apply to an acquirer
in the following situations:
(a) Where the acquirer has obtained control in a company; or
(b) Where the acquirer has triggered the creeping threshold
irrespective of how control has been effected or the creeping threshold has been
triggered, including by way of a scheme.

Posted by txfs > 2018-08-06 15:55 | Report Abuse

From DL perspective, he will try not to trigger a mandatory general offer because if he did that, the market will notice the deep value in Malton and he will not easily accumulate large block without paying a premium. Perhaps it is why there are no more buying from him after April and May.

Posted by uptrending > 2018-08-06 15:58 | Report Abuse

https://www.sc.com.my/legislation-guidelines/take-overs-code/

Posted by supertrader888 > 2018-08-07 18:39 | Report Abuse

This counter move soon with wct ! Will back above 70c in this few day !

Posted by nemesis > 2018-08-07 23:46 | Report Abuse

Tan Sri Desmond acquired substantial stake of WCT recently...So wat is his motives and the reason behind tis acquisition? Is it related to Malton or M&A exercise will happen soon? Tis is gonna put tis 2 stocks on the radar screen of serious investors...

Posted by Jack888 > 2018-08-08 10:26 | Report Abuse

1 hour ...Golden cross...uptrend

Posted by Lim Tek Wai > 2018-08-08 10:49 | Report Abuse

powerful stock !

Posted by Yael Jasper > 2018-08-08 11:29 | Report Abuse

become stronger and stronger

Posted by uptrending > 2018-08-08 11:41 | Report Abuse

A compressed spring. !!!???

Posted by txfs > 2018-08-08 12:35 | Report Abuse

It has been compressed and depressed for very long, with huge volume done this few months. Just wait when small hand changed to big hand, the ultimate question will be answered.

Posted by txfs > 2018-08-08 12:35 | Report Abuse

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