Posted by oasischeah > 2018-10-28 09:05 | Report Abuse

Will try to go in at 47.5 or 48 cents. Hope div. is confirmed and not taken off as market sentiment is weak.

Posted by SuperVegetto > 2018-10-28 12:20 | Report Abuse

desmond can use his Pavreit money to buy malton assets. debt or not, no problem nia

Posted by lincm86 > 2018-10-28 16:36 | Report Abuse

WCT has share buy back by company, just wonder why there isn't any here?

Posted by uptrending > 2018-10-28 17:14 | Report Abuse

Tsr DL's shareholding cannot be increased by more than 2% in any 6 months' period otherwise it will trigger the "Creeping Threshold" leading to an MGO. He last bought 10 million shares in April and May, an increase close to 2%.

Company SBB may lead to an MGO.

Posted by ivan9511 > 2018-10-28 17:23 | Report Abuse

why many people so like Malton , If property sector recover , I feel Malton will be the first and the fastest limit uppp property comapny will Malton back to 1.00 ringgit or 2 ringgit , let see next qr and how much the dividend ?

Posted by nemesis > 2018-10-28 21:54 | Report Abuse

It is coming back to 0.50 as dividend coming tomolo

Posted by lincm86 > 2018-10-29 18:25 | Report Abuse

Appreciate the response, @ Uptrending

Wait patiently, 10 years from now would have a chance to sell at RM1.00.

Posted by uptrending > 2018-10-29 19:24 | Report Abuse

lincm,
I am not so pessimistic. haha!
It is likely that Pavreit will participate in the ownership of Pavilion BJC Mall. Even if they don't, not a problem. It maybe even better for real investors. When the mall is completed by 2020, investors will be able to reap the fruits, no need to wait 10 years.
There is also a possibility that the company would be taken private as the Mall is a jewel. 1.8 million sq ft, size does matter for a Mall.
I have a feeling that most of the shares in the market has been mocked up.

Posted by oasischeah > 2018-10-29 20:58 | Report Abuse

Bought some @ 47.5 sen today. See if can rebound or not?

Posted by GrahamNewman > 2018-10-30 09:30 | Report Abuse

My thoughts are that Real Estate developer companies valuation is abit different from other types of companies. In the manufacturing companies, the book values is usually useless, but in real estate companies, I think it has some value. Afterall, they are representative of buildings. The book value of Malton is what the company has put in to build all these buildings, and base on current price, it is selling at a huge discount. I mean you don't sell your 500k house if you are offered 100k, and all the while we don't see property prices get 80% discount in just few months. But you get these crazy discount at the stock market. Malton right now is about 70% discount. The safety of margin in my view is adequate.

Posted by GrahamNewman > 2018-10-30 09:31 | Report Abuse

And all the while Malton hold some of the most sought after location in Malaysia. I think that is the moat of this company.

Posted by SuperVegetto > 2018-10-30 10:09 | Report Abuse

agree to Graham, location is the point here... damansara height and bukit jalil..

Posted by uptrending > 2018-10-30 11:12 | Report Abuse

Damansara Heights Project, the 10 blocks of office space all sold. It is the private business of Tsr DL with some other partners. Tsr is going to make tons of money from there.

If he wants to take Malton private, the balance 331 million shares now not in his holdings, is chicken feed... I suppose.. hihi...

Posted by JamesPond > 2018-10-30 13:26 | Report Abuse

If DL takes Malton private around the current price, how would this benefit minority? On the other hand, if not taken private, there is hope that the profit from The Park & The Park 2 will eventually be reflected in the accounts and move the share price up. Of course with a GDV of > RM1B for the mall which is slated for launch by end 2020, this should raise the market cap of Malton to the RM Billion cap club.

Posted by uptrending > 2018-10-30 16:08 | Report Abuse

Would you sell to him if the company is taken private at the current price? Hahaha!

He has to offer a reasonable price lah!
Bear in mind NTA is rm1. 73 and not taking the revaluation of the mall upon completion..

Posted by uptrending > 2018-10-30 16:12 | Report Abuse

When market is so bad, it is good time to take the company private at good discount. But would it or won't it? Haha!

Posted by lincm86 > 2018-10-30 17:30 | Report Abuse

Malton is pleased to announce that we would received 2.0 sens of dividend, ex-date on 28 Nov 2018.

The AGM will be held at 9.00am, 23 Nov 2018 at Tropicana Golf & Country Resort.

Posted by lincm86 > 2018-10-30 17:31 | Report Abuse

Quarter result will have been released when the dividend is ex-dated.

Posted by nkk53 > 2018-10-30 20:48 | Report Abuse

Pick up some at 0.465

Posted by nkk53 > 2018-10-31 08:34 | Report Abuse

Wonder Malton ' s involvement in DBKL land corruption is resolved?Can anybody raise this issue in the coming AGM?

Posted by 1506914 > 2018-10-31 09:05 | Report Abuse

rise rise

Posted by uptrending > 2018-10-31 09:30 | Report Abuse

Malton did not buy any land directly from DBKL.

TTDI Project
Memang Perkasa Sdn Bhd was initially 100 % subsidiary of Tegap Dinamik Sdn Bhd. Malton bought 51% of Memang Perkasa from Tegap Dinamik.

Duta Park Residence, Jalan Kuching.
Malton in JVA with Virtue Court Sdn Bhd to develop the land for RM74.8 million. VC got it from DBKL.... Piling work in progress...

Posted by uptrending > 2018-10-31 09:46 | Report Abuse

Awaiting the outcome of the ownership participation of PAVREIT in the PAVILION BJC MALL.

If Pavreit comes in, it is an immediate gain for Malton. If it doesn't, Malton stands to gain the full benefits upon completion by 2020..

Posted by 1506914 > 2018-10-31 10:55 | Report Abuse

what id the target price of malton

Posted by 1506914 > 2018-10-31 10:55 | Report Abuse

id.........is

Posted by uptrending > 2018-10-31 11:58 | Report Abuse

I read a research report by a bank backed merchant bank dated 6th Feb 2017. The report gave a target price for Malton at rm1.75 based on 40% discount to its RNAV of 2.91 at the time of the report.

Haha!

Posted by uptrending > 2018-10-31 12:10 | Report Abuse

Malton's market price then was 78 cents..

The valuation then was based on 2 catalysts to realise the TP
1. The potential M&A
2. The earning growth

The share price later hit a high of RM1. 94 due to speculations on Bandar Malaysia... Hohohoho...

Posted by 叶子 > 2018-10-31 13:36 | Report Abuse

disappointed dividend

Posted by trader9918 > 2018-10-31 13:44 | Report Abuse

already bottom , going up now...

Posted by uptrending > 2018-10-31 14:09 | Report Abuse

Malton Profit and Dividend Records
FY...NP.........EPS... .Div...Div payout ratio.. shares
10..22,067  ....6.3.....1.5.........25%............348M
11..72,694....20.9.....2.0.........10%............348M
12..64,408....18.5.....2.5.........13%............348M
13..35,387..... 8.4.....2.5 .........30%............418M
14..51,830....12.3.....3.0..........25%........... 422M
15..45,847.....10.2....3.0.......... 30%...........448M
16..37,240.......8.......2.5...........30%...........448M
17..63,287..... 12......2.5...........20%...........528M
18..56,482......10.7...2.0...........20%...........528M

Posted by SuperVegetto > 2018-11-01 21:26 | Report Abuse

Pavilion REIT had on 13 August 2018 accepted the offer and both parties shall enter into a non-disclosure
agreement to commence due diligence, discussions on method of participation and negotiate
relevant terms and conditions

Posted by ivan9511 > 2018-11-01 22:41 | Report Abuse

Good news faster go back to 2 ringgit la

Posted by uptrending > 2018-11-02 12:26 | Report Abuse

Out of the 50 acres BJC Project, 28 acres was allocated for the Pavilion BJC Mall which has a net lettable floor area of 1.8million sq ft.

Malton actually put a lot of resources into the PAVILION BJC MALL. That's why it is

THE CROWN JEWEL

of the BJC project.

It's value has been neglected by the market and seems is not priced in Malton's share price.

Awaiting the results of PAVREIT's participation in the ownership of PAVILION BJC MALL.

Posted by l3ryan > 2024-06-23 00:08 | Report Abuse

People fear a bout the company connection with past government, property sector etc etc.. but i agree numbers don't lie, when you look into the substance , given the right time the value will reflect.

Posted by uptrending > 2018-11-02 15:15 | Report Abuse

It's true. But DL bought 6.8 million shares at the end of May and just below the 2%"Creeping Threshold, after the Pavilion Condo was raid. Don't think he didn't know what he was doing and if anything would implicated him.

Many funds had already existed and judging by the heavy volume done in May, June and July, the shares must have been collected by some guys who know the company very well.

Posted by SuperVegetto > 2018-07-09 18:10 | Report Abuse

ready for gap up tomorrow

Posted by nemesis > 2024-08-09 11:37 | Report Abuse

Tomolo all property counters will spike uppp!!!

Posted by beso > 2018-11-04 21:40 | Report Abuse

Property Crowdfunding p2p idea is still new workable or not？ i don't know.
but ask yourself if one buying property just pays 20% do you want to invest in this kind of overpriced and uncertainty market？
property counters won't benefit from the new policy in near term

Posted by 13579 > 2018-11-04 21:50 |

Post removed.Why?

Posted by beso > 2018-11-04 21:53 |

Post removed.Why?

Posted by Donald J. Trump > 2018-11-04 21:54 | Report Abuse

typical Malaysians, disagree and call others dogs, idiot nation

Posted by YKLIEW > 2018-11-04 22:00 | Report Abuse

Malton can pay 2 sen dividend or about 4% of current price. So can buy for uptrend potential. Already bottom out ady.

Posted by SuperVegetto > 2018-11-04 23:06 | Report Abuse

if government support, most likely can work.

Posted by uptrending > 2018-11-05 07:45 | Report Abuse

Malton's projects mostly concentrated in the Klang Valley niche location. It can sell without the P2P crowdfunding. hihihi

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

Stamp duty exemptions from 1st Jan 2019 to 30th June 2019 will spur property sales. The balance 40-50 % of block B and C, Duta Park Residence at Jalan Kuching, KL, would easily be snapped up. Block A likely would soon be rolled out. GDV of Duta Park Residence is about RM1 billion.

Slated to be launched at middle of 2019, Mutiara Hill at Puchong, GDV RM 278 million and River Park Bangsar South, GDV Rm985 million would likely be brought forward to beginning of 2019..

With the unbilled property sales now at Rm1 billion, the above projects could catapult the unbilled property sales to rm 2-3 billion..

WOW! LOL!

Posted by uptrending > 2018-11-05 09:08 | Report Abuse

Not to forget currently launched projects:

Villa 22 GDV RM148 million

Located in Bukit Rimau, one of Malton’s pioneer
township development on 358 acres in Shah Alam,
Villa 22 is the last piece of residential development.
Sitting on a small and last parcel of 3.2-acre freehold
land, the development comprising 22 units of semi-
dees and bungalows carries an estimated GDV of
RM48.0 million. Being the final development in the
well-established and connected township of Bukit
Rimau, Villa 22 purchasers will enjoy an abundance
of amenities and facilities within the township. This residential development is open for sale in October 2018.

RAPID CITY CENTRE (PHASE 2 & PHASE 3) TOTAL GDV RM 233 million

Located in Sungai Rengit, Johor, Phase 2 and Phase 3 of Rapid City Centre comprise 68 units of 2-storey shop
offices and 30 industrial lots, carrying an estimated GDV of RM90.0 million and RM143.0 million respectively.
Phase 2 is open for sale starting August 2018 while Phase 3 is slated for launch in early 2019. The industrial lots are part of our diversified product mix offer to the market

Posted by YKLIEW > 2018-11-05 13:02 | Report Abuse

Property stocks will have to wait dy. Nobody dare to goreng. Have to hold at least another 1-2 years to see better days. Huhuhu

Posted by uptrending > 2018-11-05 13:36 | Report Abuse

Best time to take it private..
And to swallow the Pivilion BJC MALL.. ..at cheap cheap price

Posted by nkk53 > 2018-11-07 18:38 | Report Abuse

Any dare to be positive in the property bear market?

Posted by YKLIEW > 2018-11-07 20:13 | Report Abuse

Nvm can still collect 2 sen dividends end of the year. Treat it as FD for another 2 years...