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..
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.
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.
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...
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...
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.
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
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.
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
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
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...
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
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
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?
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
apolloang
18,163 posts
Posted by apolloang > 2018-10-02 23:22 | Report Abuse
where is malton-wb? hahaha