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

apolloang

18,163 posts

Posted by apolloang > 2018-10-02 23:22 | Report Abuse

where is malton-wb? hahaha

Posted by janetchiam8 > 2018-10-02 23:25 | Report Abuse

SAME PATTERN SEEN IN ANNJOO.
GOOD SHARE. BUT ITS SHARE PRICE SUFFERED BIG DECLINE AFTER IT WENT EX DIVIDEND.

NOTE ONE LADY INVESTOR COMPLAINED. TOOK 6 SEN DIVIDEND BUT SUFFERED 25 SEN SHARE PRICE LOSS AFTER EX D

Posted by SuperVegetto > 2018-10-02 23:36 | Report Abuse

news is out, now MALTON got a theme to goreng.. be ready bois~~. Target RM1.2 coming

uptrending

1,852 posts

Posted by uptrending > 2018-10-03 00:10 | Report Abuse

Malton never failed to give dividend since 2010.

Since 2012, the dividend is 2.5-3.0 cent per share.

Many companies never give consistent dividend. Some never give but only give upon sales of assets and left with no other business.

I first bought Malton @50 sen. It gives a yield of 5%. It is an asset as I can count on it for a steady income source better than FD with potential of good capital gain.

With the unbilled property sales of RM1.03 billion and construction order book of about rm1. 5billion, there is earning visibility in the next few years.

There are also ongoing projects being launched like the Duta Park Residences with GDV of about RM850 million.. Total GDV of future projects approx RM9 Billion..

Just sharing...
That's all from me..

Buy/Sell at your own risks...

bone

968 posts

Posted by bone > 2018-10-03 09:07 | Report Abuse

Heavy selling yesterday 2 hrs before the announcement is made. How come? Isnt this a positive news or there is something behind the scene that we dono

uptrending

1,852 posts

Posted by uptrending > 2018-10-03 09:26 | Report Abuse

I guess some FM were misinformed of the "rumours" B4 the announcement..

Posted by SuperVegetto > 2018-10-03 09:45 | Report Abuse

heavy selling yesterday because of foreign funds going out. this happen to taiwan and HSI market also. So it's not malton issue that caused the price drop. It's just a matter of time when ppl realize this is an overly undervalue stock.

memorylane

249 posts

Posted by memorylane > 2018-10-03 11:00 | Report Abuse

i really feel is a positive news/attempt, at least even with current healthy order book, Malton still aggressively seeking opportunity oversea to buffer the slow construction market in Malaysia. That's mean at least the company is doing something to improve.

Bryon Loy

42 posts

Posted by Bryon Loy > 2018-10-03 23:14 | Report Abuse

Malton next quarter will be good?

Pilotsport

1,064 posts

Posted by Pilotsport > 2018-10-04 00:58 | Report Abuse

Tomorrow big rebound

Pilotsport

1,064 posts

Posted by Pilotsport > 2018-10-04 00:59 | Report Abuse

Desmond lim huat lah....ini kali

Alibaba

273 posts

Posted by Alibaba > 2018-10-04 08:30 | Report Abuse

Nan Hai JV Malton likely win the project bid in Taiwan. Be prepared for it ! Insider news

l3ryan

669 posts

Posted by l3ryan > 2018-10-04 10:57 | Report Abuse

Alibaba, try harder please with your insider news.

Alibaba

273 posts

Posted by Alibaba > 2018-10-04 11:01 | Report Abuse

sure.. currently working bukit jalil mall with them XD

Pilotsport

1,064 posts

Posted by Pilotsport > 2018-10-04 19:39 | Report Abuse

Good news come aslo no rebound....haiz

nemesis

3,990 posts

Posted by nemesis > 2018-10-04 21:07 | Report Abuse

I believe the share price is intentionally pressed down everytime it set to rise...maybe the management wanna maintain price at low level due a some reasons...Anyway dividend is coming...

Posted by SuperVegetto > 2018-10-04 22:24 | Report Abuse

if no dividend, will it drop more???

nemesis

3,990 posts

Posted by nemesis > 2018-10-04 22:38 | Report Abuse

Impossible...tis company has been consistently paying dividend for the past 10 years...if the company want its share price to go down, there is no way you can fight it...

Posted by janetchiam8 > 2018-10-05 10:33 | Report Abuse

We all know of the economic/share investment strategy called "Value Trap " where the undervalued assets of listed companies (compared to their prevailing market prices which were therefore perceived to be underpriced) attract the "buy and hold" investors. But where in many cases became "trapped" because the undervalued assets and hence their share market prices remained undervalued for the longest time. Such investors may or may not suffered paper financial losses but with their investible capital being tied down they will have incurred "opportunity costs" being "lost opportunities in buying other shares whose prices had increased and where they would had made capital gains"

We now (in Bursa) are seeing an emerging market pattern which can be called " Dividend Trap" where many listed shares gave dividends (thus attracting investors to buy their shares on "Cum Dividend basis) but were "trapped" and suffered financial losses when such shares prices actually went down by more than the dividend amounts received.

Will back this "Dividend Trap" concept with many examples which actually happened recently.

Good to be aware and beware

Posted by janetchiam8 > 2018-10-05 10:43 | Report Abuse

Examples include :

Mahsing:

SIMILARLY, MAHSING IS A GOOD SHARE. JUST GAVE OUT 6.5 SEN DIVIDEND BUT ITS SHARE PRICE WENT DOWN A LOT AFTER EX D
(PERSONAL EXPERIENCE. BGT AT 1.06. SOLD CUM D AT 1.27. NOW EX D SHARE PRICE WENT DOWN TO 1.02).
THIS IS THE KIND OF SHARE PRICING BEHAVIOUR WHICH SCARES ME )

Annjoo:

SAME PATTERN SEEN IN ANNJOO.
GOOD SHARE. BUT ITS SHARE PRICE SUFFERED BIG DECLINE AFTER IT WENT EX DIVIDEND.

NOTE ONE LADY INVESTOR COMPLAINED. TOOK 6 SEN DIVIDEND BUT SUFFERED 25 SEN SHARE PRICE LOSS AFTER EX D

L&G :
Cum d 1.5 sen
Cum price were 0.195 and 0.20 on the eve of ex D date (4/10)
Today 0.17/0175

MirageHotelPD

1,097 posts

Posted by MirageHotelPD > 2018-10-05 10:53 | Report Abuse

Alibaba, I though Nan Hai/Malton is only bidder for the Taiwan project! Why you said likely will win?

nemesis

3,990 posts

Posted by nemesis > 2018-10-05 11:40 | Report Abuse

Isn't tat stock investment is a long term investment!!! We have to look at long term perspective right...

nemesis

3,990 posts

Posted by nemesis > 2018-10-05 11:55 | Report Abuse

Should rebound soon pending dividend announcement of 2.5 Sen First & Final dividend...div yield of 4.6 % better than FD rate...

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 12:38 | Report Abuse

There are so many parameters to consider.

Share price to book value
Share price to RNAV per share
Historical PE ratio, historical 10 years track records.
Propective PE. Earning visibility for the next few years.
Dividend Yield, historical 10 years track records.

Compute a company against the other B4 you arrive at a conclusion.

nemesis

3,990 posts

Posted by nemesis > 2018-10-05 13:12 | Report Abuse

Only a short term investor lose the investment game...we need to hold at least 10 yrs to bear the fruit..

Posted by janetchiam8 > 2018-10-05 13:22 | Report Abuse

But how to survive if still stubbornly hold MRCB at 1.30 ? (now 0.75 /low of 0.595 )

Or if still hold MALTON at 1.26 ? (now 0.515 )

Buy and hold strategy for long term may not be suitable for a bourse like Bursa.

Can die bankrupt kau kau

l3ryan

669 posts

Posted by l3ryan > 2018-10-05 13:31 | Report Abuse

at least 10 years to bear the fruit, wow seriously you think Malton need 10 years to only see fruit? i think you better pull out your money if that is the case

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 13:31 | Report Abuse

We are talking about Malton at 51.5 now..

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 13:33 | Report Abuse

Are you recommending a sell now?

Posted by janetchiam8 > 2018-10-05 14:14 | Report Abuse

No cals to buy or sell here.

Just making my observations on the concepts of "value traps" and "dividend traps" and that we should be more aware of

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 14:21 | Report Abuse

Nonsense

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 14:21 | Report Abuse

Put your money in FD... and enjoy FD TRAP

Posted by janetchiam8 > 2018-10-05 14:30 | Report Abuse

All forum commentators are entitled to their own opinions and views or strategies.
My observations are nevertheless supported by empirical evidences and facts as stated in the examples given

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 14:36 | Report Abuse

Don't quote Malton at 1.26 as it is now 0.515.. You have to talk sense... You are entitled to talk nonsense.. Nothing wrong with it if you choose to...

Posted by janetchiam8 > 2018-10-05 14:45 | Report Abuse

Another more recent example.

MBSB cum Dividend price was hovering between 1.15 to 1.18. There was even a DRP where u can convert your dividends to new shares issued at 1.02.
Now MBSB doing 1.00 to 1.01

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 14:46 | Report Abuse

Beware of HANTU

Posted by janetchiam8 > 2018-10-05 14:55 | Report Abuse

There will be other readers and investors who will find my findings and comments to be educational and beneficial.

We therefore need to be engaged in more intelligent discourses

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 15:36 | Report Abuse

Why you come here

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 15:36 | Report Abuse

To discourage from buying and encourage selling

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 15:37 | Report Abuse

What you have posted is intelligent? The readers surely would know how to differentiate and analyse

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 15:40 | Report Abuse

Malton at 0.515 has a yield of 4.8%. The dividend payout ratio is only 20-30 % from historical records... So it is likely sustainable.

When it was 1.26, the yield was 2%

That is the major difference

Johnfatt

417 posts

Posted by Johnfatt > 2018-10-05 16:42 | Report Abuse

Im have been holding from highest till now hope Malton dont bring me to north

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 16:58 | Report Abuse

That's is a complete different story from then and now... Highest was 1.94 and recent lowest was 0.49.. Now 0.51

Bryon Loy

42 posts

Posted by Bryon Loy > 2018-10-05 17:08 | Report Abuse

Don't know when can rebound

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 17:15 | Report Abuse

Just have to be PATIENT.

If you think the dividend yield is sustainable which I think it will since the payout ratio is only 23% for a 2.5 cent dividend based on last year's EPS of 10.69 cents. At the same time the current year prospects would be satisfactory as the unbilled property sales stands at RM1. 03B and the construction order book at approximately RM1. 5B

The yield now is 4.9%

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 17:35 | Report Abuse

This FY, there is no interest payment for the RCSLS which already matured last FY and no redemption of any RCSLS as in previous few years. Rightfully, could declare better dividend going forward.

Hopefully, positive outcome from Pavreit's participation in the ownership of the Pavillion BJC Mall as announced on 13th August.

As the name already suggested Pavillion BJC Mall, wouldn't it be positive?

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 17:50 | Report Abuse

Tan Sri Desmond Lim is trying to add value to Malton. He is now helping the company venturing to the overseas market by joining hand with Nan Hai Corporation Limited, listed in HKSE, which he holds 8% shares as announced a few days ago. Nan Hai Corporation Limited has a market Cap of about HKD 13B.

The major shareholder intends to add Shareholder values. This year April and May, he bought a total of 10 million shares from the open market at an estimated average price of 65 cent per share.

The largest shareholder has confidence and see value in the company.

uptrending

1,852 posts

Posted by uptrending > 2018-10-05 17:55 | Report Abuse

So, is there value in Malton @51 sen at today's closing price?

Disclaimer :

Buy/Sell at your own risks..

nemesis

3,990 posts

Posted by nemesis > 2018-10-06 00:18 | Report Abuse

It is confirmed the share intentionally pressed down...for whatsoever reasons...

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