MALTON BHD

KLSE (MYR): MALTON (6181)

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Last Price

0.41

Today's Change

0.00 (0.00%)

Day's Change

0.41 - 0.415

Trading Volume

307,000


18 people like this.

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

Posted by jacksonfoo88 > 2018-09-02 21:04 | Report Abuse

tomorrow sure up

uptrending

1,852 posts

Posted by uptrending > 2018-09-02 21:38 | Report Abuse

pls down to 50... The lower the better, I want to buy more..

1214258703

1,103 posts

Posted by 1214258703 > 2018-09-02 22:45 | Report Abuse

if further down have to switch from PAVREIT to MALTON ald, no more available cash in hands T.T

uptrending

1,852 posts

Posted by uptrending > 2018-09-03 08:46 | Report Abuse

All those choose to sell at this low price are those who are always losers in Bursa.

This Financial Year probably will show record profits with current unbilled sales in property development of rm1.03 billion and construction order book of rm 1.5 billion.

I estimate about rm500 million in property development will be booked in upon completion and hand over of 1098 units of the Park Sky Residence in BJC, likely by June 2019.

swtue2

51 posts

Posted by swtue2 > 2018-09-03 09:09 | Report Abuse

Collected falling knife at 0.535 XD

uptrending

1,852 posts

Posted by uptrending > 2018-09-03 09:43 | Report Abuse

https://www.propertyguru.com.my/resources/buy-property-guide/the-payment-schedule-for-an-under-construction-property-in-malaysia

The bulk of the profits of property development projects would be realised on completion and handing over as 20% of the sales are booked in then.

The initial stages up to the structure stage is less profitable as I see it.

Profits from Park Sky Residence's 1098 units should show in this FY especially if they could be handed over by June 2019.

uptrending

1,852 posts

Posted by uptrending > 2018-09-03 22:57 | Report Abuse

EXACTED FROM THE ANNUAL REPORT 2017 CHAIRMAN STATEMENT DATED 23RD OCTOBER 2017.

"Moving forward, the Group’s prospects will be supported by its unbilled sales of RM1.1 billion. This new unbilled
sales will provide the Group with good earnings visibility over the next few years. With an estimated gross
development value (“GDV”) of RM9.2 billion, the remaining prime landbanks in Klang Valley and Johor are
expected to support the Group’s growth over the next 8 years. Barring unforeseen circumstances, the Group
plans to launch the final tower of The Park 2, Bukit Jalil City and two new projects with a total GDV of approximately
RM1.2 billion in the current financial year ending 30 June 2018. Launched in August 2017, the final tower of The
Park 2 (Tower 2) enjoyed a strong take-up rate, while Duta Park comprising 1,376 units of serviced apartments
and Villa 22 Bukit Rimau comprising 22 units of semi-detached houses and bungalows will be launched soon. On
the same note, the Group will continue to search for more strategic land bank to replenish the existing acreage,
especially in Klang Valley and Johor."

NO WONDER TSRDL CONVERTED HIS 29 MILLION RCSLS INTO SHARES @RM1.00 INSTEAD OF REDEEMED FOR CASH IN THE 1ST HALF OF 2017. TSR BOUGHT ANOTHER BLOCK OF SHARES IN APRIL AND MAY 2018 AT AN AVERAGE OF APPROX 0.65 PER SHARE.

NOW WE CAN BUY FROM THE MARKET CHEAPER THAN TSR.

WHAT AN OPPORTUNITY

uptrending

1,852 posts

Posted by uptrending > 2018-09-03 23:46 | Report Abuse

note the last Quarter results
FY ......Q No.... Revenue...............PBT
Jun18..... 4......RM274,555,000... RM16,583,000
Jun18..... 3...... RM177,597,000...RM6,052,000

The last quarter financial results, if compare PBT QoQ, it is actually not bad. Look at Malton past earnings, it seems that the reported profits will soar upon completion and handing over of property development projects during the reporting quarter.

shpg22

2,984 posts

Posted by shpg22 > 2018-09-04 00:24 | Report Abuse

Nice try

uptrending

1,852 posts

Posted by uptrending > 2018-09-04 08:47 | Report Abuse

For easy reference, check the Quarterly Results for Malton in the link below. Quarterly results are erratic. Should at least look at the Annual Results to smooth out the quarterly fluctuations in gaining a better and bigger picture. The dividend payment is consistent and paid 2.5-3.0 sen per share since 2012.

https://m.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=6181&section=financial

uptrending

1,852 posts

Posted by uptrending > 2018-09-04 09:04 | Report Abuse

It is senseless to evaluate Malton based on 1 to 2 quarters results.

sjy88

53 posts

Posted by sjy88 > 2018-09-04 10:28 | Report Abuse

many investors are short term fast in fast out trading type... the reaction of traders could be on the emotion side after seeing a quarter with less profit. ..very jitterly

nkk53

1,426 posts

Posted by nkk53 > 2018-09-04 12:30 | Report Abuse

Bought 0.545

nemesis

3,990 posts

Posted by nemesis > 2018-09-04 14:57 | Report Abuse

Malton rebounds!!!

uptrending

1,852 posts

Posted by uptrending > 2018-09-04 15:27 | Report Abuse

DUTA PARK RESIDENCE

As reported in the Chairman Statement, AR 2017, Duta Park Residence would be launched in the financial year ending June 2018. It was launched since April. The booking and take up rate to date is very encouraging. More than 50% have been booked, according to my market intelligence. Probably, this is also because the selling price is more affordable, per sq ft is less than RM600.

There are 1376 units
•Type A - 957 sq.ft, 736 units 53%
•Type B - 1129 sq.ft, 186 units 14%
•Type C - 1538 sq.ft Dual Key, 186 units 14%
•Type D - 858 sq.ft, 268 units 19%

The NETT selling prices of the units

858sf = RM 490K
957sf 1CP = RM 550K
957sf 2CP = RM 610k
1129sf = RM680k
1538sf = RM 885k

Total GDV is RM850++ million and targeted completion is 2022.

It is a JDA and the proprietor's entitlement was fixed at RM74. 8 million, hence the profits would be quite good. This would add to the unbilled Property Development Sales which stands at RM 1.03 billion as of 30th June 2018.

Earnings visibility for the next few years is much enhanced with The Duta Park Residences.

:)

apolloang

18,163 posts

Posted by apolloang > 2018-09-04 15:29 | Report Abuse

NOT DUTA YAP RESIDENCES AR? HAHAHA

Posted by SuperVegetto > 2018-09-04 21:00 | Report Abuse

no volume rebound

uptrending

1,852 posts

Posted by uptrending > 2018-09-05 05:56 | Report Abuse

Squeezing Sugar Cane AND still no much juice came out... LOL!

uptrending

1,852 posts

Posted by uptrending > 2018-09-05 10:05 | Report Abuse

Malton Transaction Records Month...Open...High...Low...Close....Vol........+/-
May.......81..... .81.5...54.5...56.5.....92.4M... -24.5
June.....56.......59.5...49.......50....... 106.8M.. - 6.0
July.......50.......70.5...49.......66.5.....227M...+16.5
Aug.......66.5....67.5...58.......58........68.07M..-8.5

July UP with huge volume of 227M (total share in issued 528M). AUG drop with much less volume of 68M. In the last 2 weeks of Aug, price dropped from a high of 67.5 to 58, - 9.5 on total 22.83M only.

LAST 2 DAYS. DAILY DATA :
ON 3.9.18........55.5...56......53.....54.5.....2.17M
ON 4.9.18........54......57......54.....56.5.....1.41M

If someones collected on the way down and on the way up, during these few months since May and the price was so cheap, free float would be much lesser already loh...

Recall TSRDL converted 29 million shares @RM1 in 2017 and bought 10million shares from the open market @estimated average 65 cents in April and May. The total 39 million shares average about 91 cents.

Is the current price below 60 cent cheap???

Posted by Tan Tak Chuang > 2018-09-05 13:04 | Report Abuse

Agree i brought at 0.55

l3ryan

669 posts

Posted by l3ryan > 2018-09-05 14:42 | Report Abuse

Taman Rimba project most likely is carry on

uptrending

1,852 posts

Posted by uptrending > 2018-09-05 15:02 | Report Abuse

PAVILION BJC MALL will be supported by 464,300 Bukit Jalil population alone by 2020 when it is due for opening.

"With a net lettable area of 1.8 million sq ft, Pavilion Bukit Jalil City mall is poised to be a regional mall in term of brands mix, flagship stores and concept.

Once completed in 2020, the mall and also the offices will provide thousands of employment opportunities, and Bukit Jalil’s population and employment are projected to increase by about 24.2 and 51.6 per cent to 464,300 and 273,121, respectively, from 2000."

SOURCE: https://www.nst.com.my/property/2017/08/274910/new-growth-area-ever-vibrant-and-vivacious-bukit-jalil

uptrending

1,852 posts

Posted by uptrending > 2018-09-05 15:12 | Report Abuse

l3ryan Taman Rimba project most likely is carry on
05/09/2018 14:42

WOW!
It is good news then!

uptrending

1,852 posts

Posted by uptrending > 2018-09-05 15:52 | Report Abuse

TTDI Project, GDV RM 3.7B as originally planned. Malton holds 51%

Jack888

865 posts

Posted by Jack888 > 2018-09-05 21:01 | Report Abuse

Write a comment..股灾開始来了嗎?

uptrending

1,852 posts

Posted by uptrending > 2018-09-05 21:05 | Report Abuse

即来之则安之!怕啥?哈哈哈!

uptrending

1,852 posts

Posted by uptrending > 2018-09-06 06:53 | Report Abuse

INCREDIBLE

FY...... Basic EPS(cent)...... Net PROFIT (RM)
FY18..... 10.79...................... .55,449,000
FY17..... 13.59........................63,181,000
FY16........8.12 .......................36,315,000
FY15......10.47 ...................... 45,847,000
FY14......12.42........................52,043,000
FY13........8.46........................35,384,000
-------------------------------------------------------------------
Total......63.76.......................288,219,000
=================================

6 years accumulative EPS = 63.76 cents
6 years accumulative Net Profit = RM288.22 million.
Current share price, 56 cents
Current Market Capitalization, RM296 millions

WOW! ISN'T THAT CRAZY?

TSRDL bought 3.2 million shares in April this year at the price range of 75 to 86 cents and again 6.8 million shares in May at the price range of 54.5 to 59.5 cents. He surely thought the prices were absurdly cheap.

The total 10 million shares is about 2% of the total shares in issue of 528 millions. TSR cannot continue to buy thereafter as he will trigger an MGO if he increases his stake by more than 2% in any 6 months period, which is the CREEPING THRESHOLD for an MGO. He can continue to buy again in Nov/Dec. Would him? Won't him? He is a smart businessman.

wah168

308 posts

Posted by wah168 > 2018-09-06 21:36 | Report Abuse

hard sell

1214258703

1,103 posts

Posted by 1214258703 > 2018-09-06 21:48 | Report Abuse

still can buy>>>>

uptrending

1,852 posts

Posted by uptrending > 2018-09-07 11:17 | Report Abuse

wah168 hard sell
06/09/2018 21:36

Haha!
Yes! All the positive facts may seem hard sell.
Those are hard solid facts for readers to evaluate and examine critically.

Buy/Sell are at your own risks.
I have personal interests in the shares.

:)

Posted by jacksonfoo88 > 2018-09-07 16:31 | Report Abuse

buy in during the low price

Bryon Loy

42 posts

Posted by Bryon Loy > 2018-09-09 14:31 | Report Abuse

Will the Taman rimba project lead bad effect to Malton?

Posted by jacksonfoo88 > 2018-09-10 00:11 | Report Abuse

Minister: Can’t simply block Taman Rimba Kiara project because already in progress

Jack888

865 posts

Posted by Jack888 > 2018-09-11 12:55 | Report Abuse

Buy ?? Sell ??

1214258703

1,103 posts

Posted by 1214258703 > 2018-09-11 18:50 | Report Abuse

HOLD

Posted by samtan1118 > 2018-09-12 10:18 | Report Abuse

Hold....

Posted by jordanmaggie61 > 2018-09-12 10:38 | Report Abuse

Best timing to invest now, buy more earn more hehehe

叶子

22 posts

Posted by 叶子 > 2018-09-12 15:04 | Report Abuse

Hold the falling knife

uptrending

1,852 posts

Posted by uptrending > 2018-09-12 15:52 | Report Abuse

叶子 Fur sure this is NOT the PEAK for the stock yet
26/07/2018 16:57

freonsf Hi Ye Zi, how do know this is not the peak for Malton?
26/07/2018 16:58

txfs 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
26/07/2018 21:07

txfs Pavilion Bukit Bintang is doing good. What about Pavilion Bukit Jalil?
26/07/2018 21:08

叶子 Hi freonsf, simply because this is still in the BOTTOM range. haha
27/07/2018 10:06

Jack888

865 posts

Posted by Jack888 > 2018-09-12 15:56 | Report Abuse

看情形股災己開始了.

wah168

308 posts

Posted by wah168 > 2018-09-12 16:00 | Report Abuse

Milton is meltdown.... this is the historical experience.....

uptrending

1,852 posts

Posted by uptrending > 2018-09-12 16:02 | Report Abuse

The price is ridiculously low...
Only idxxts will sell...

叶子

22 posts

Posted by 叶子 > 2018-09-12 16:04 | Report Abuse

uptrending
ya, i'm wearing special glove to hold more, haha

Linus Kt

114 posts

Posted by Linus Kt > 2018-09-12 16:05 | Report Abuse

should i cut lost? lost 15%...shit

uptrending

1,852 posts

Posted by uptrending > 2018-09-12 16:10 | Report Abuse

Market Cap is only rm277 millions
Unbilled property sales is rm 1.03B
Construction order book is about rm1. 5B
RNAV is about RM 3 per share
NTA RM 1.73
DIVIDEND YIELD is about 4.76 %

If you are a long term investor, Use foot to think also can arrive at the correct answer... haha

Posted by kyy_superinvestor > 2018-09-12 16:12 | Report Abuse

now the market is in chaos and now u talk about long term..

wah168

308 posts

Posted by wah168 > 2018-09-12 16:12 | Report Abuse

Absolutely agreed

wah168

308 posts

Posted by wah168 > 2018-09-12 16:12 | Report Abuse

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