Posted by crawler > 2013-06-15 12:51 | Report Abuse

Malton not only gain from the land sales of VSquare..PBD sits on a prime land in KL/damansara height/MK and over the years the land already increase in values..redevelopment of PBD is going to benefit Malton further

Posted by crawler > 2013-06-15 12:52 | Report Abuse

I also agree that Malton is very attractive as a taking private candidate should the share price still stay at this discounted level

Posted by Lee Meng Fatt > 2013-06-15 22:45 | Report Abuse

Earnings
Upon completion of the Proposed Asset Exchange, the Malton Group is expected to register a profit on
disposal of the VSQ Properties for financial year ending 30 June 2014, assuming that the said proposal
is completed within six (6) months from the date of the VSQ SPA.
For purpose of illustration, assuming that the Proposed Asset Exchange is completed on 30 June 2012,
the net profit on disposal of the VSQ Properties, on a proforma basis, would be approximately RM37.8
million, (less income tax at 25%) or an increase in earnings per share by RM0.09 per share.

Posted by Lee Meng Fatt > 2013-06-15 23:27 | Report Abuse

Loong said Malton will build a shopping mall worth RM3.5 billion in Bukit Jalil which is comparable to Pavilion KL in size.

She said Malton's other commercial and residential components will be easily sold given the strategic location, 5.3 millionpopulation catchment, and buyers' confidence as reflected by the success of the Pavilion and Banyan Tree project in KL. However, Loong said Malton's earnings for financial year ending June 30, 2013 (FY13) may be weaker than the previous year's.

This is due to the lack of project launches over the past one year.
"Current earnings are mainly underpinned by RM205 million unbilled sales coming from three projects - Amaya Maluri which will be completed in June, The Cantonment in Penang and Nova Saujana from the property development division, as well as contract value of RM505 million from the CONSTRUCTION [ ] division,"


In FY14, RHB estimated that Malton's recurring net profit will grow 60.53% to RM61 million. Growth will come from the disposal of its commercial building at V Square in Petaling Jaya.

"Apart from this en bloc deal, earnings from FY14 onwards will also be supported by the pipeline of launches

Posted by Alvian > 2013-06-15 23:35 | Report Abuse

@Lee meng fatt, may i know where did you get this info??

Posted by Lee Meng Fatt > 2013-06-15 23:56 | Report Abuse

Alvian, u come add me in facebook, so that we can chat.

https://www.facebook.com/yongdae.lee.3?ref=tn_tnmn

Posted by Lee Meng Fatt > 2013-06-16 10:58 | Report Abuse

Q2 and Q3 profit of this company will surge, due to sales of VSQ

Posted by Alvian > 2013-06-16 11:14 | Report Abuse

juz the matter of time, soon the real value will shown up

Posted by Lee Meng Fatt > 2013-06-16 11:52 | Report Abuse

the pavilion bukit jalil will be a very big project after pavilion KL expanded

Posted by skyland > 2013-06-16 11:59 | Report Abuse

next week RM1.08 for sure

Posted by sephiroth > 2013-06-16 12:11 | Report Abuse

sunday history lesson - Net profit
2007 : RM3.45m, 2008 : - RM4.6m, 2009 : RM6.43m
2010 : RM22.06m 2011 : RM72.5m 2012 : RM64.4m
9M13 : RM19.2m coz of no new launches and part revenue from Nova Saujana (launch March 2013) will only be recognised on 4Q13
2014 profit estimated to be above 60m or at least 14 sen per share

Posted by Lee Meng Fatt > 2013-06-16 12:12 | Report Abuse

sephiroth, how about the VSQ profit? will be in Q2 this year?

Posted by Lee Meng Fatt > 2013-06-16 12:13 | Report Abuse

skyland, your TP is based on any data?

Posted by sephiroth > 2013-06-16 12:21 | Report Abuse

VSQ profit to be recognised in 2H14 as it will take Jcorp 6 months to finalise the deal, note malton financial year end 30 June

Posted by Lee Meng Fatt > 2013-06-16 12:24 | Report Abuse

good, another pokok berdaun emas

Posted by money_lov3r > 2013-06-16 15:20 | Report Abuse

All the contra players offload ady? Tml can rise up?

Posted by thlim123 > 2013-06-16 15:26 | Report Abuse

Contra player never end... Everyday bounce to have contra player....

Posted by Lee Meng Fatt > 2013-06-16 16:15 | Report Abuse

just park the money there lah, unless u borrow money to buy shares

Posted by Alvian > 2013-06-16 17:48 | Report Abuse

does anyone know when the pav2 start to build?

Posted by sephiroth > 2013-06-16 17:57 | Report Abuse

they have already put up pictures near Jalil City, most probably next year and this is a 5-8 years project. Bear in mind that there are a lot of condos and landed properties at bukit jalil = whole lot of people staying there = gold mine for jalil city

Posted by Alvian > 2013-06-16 18:21 | Report Abuse

@sephiroth, agree

Posted by sharemoon > 2013-06-16 18:27 | Report Abuse

Another new week is coming. Another hike history is going to be created.

Posted by Lee Meng Fatt > 2013-06-16 18:56 | Report Abuse

let's watch and learn

Posted by money_lov3r > 2013-06-16 23:08 | Report Abuse

RM 1? =D

Posted by Lee Meng Fatt > 2013-06-16 23:17 | Report Abuse

ready for monday rally ^^

Posted by shawn3333 > 2013-06-17 01:28 | Report Abuse

Today sure hit above rm1 with contra players goin in back to push the price. :-P

Posted by potenza10 > 2013-06-17 08:52 | Report Abuse

is it? :)

Posted by crawler > 2013-06-17 08:58 | Report Abuse

focus on this counter fundamentals

Posted by ganasai > 2013-06-17 09:00 | Report Abuse

dream?

Posted by cherry tomato > 2013-06-17 09:02 | Report Abuse

us last Friday in red. u think today will be up? talk nonsence

Posted by cytew > 2013-06-17 09:02 | Report Abuse

soon it will break RM 1.0 !!!!

Posted by sephiroth > 2013-06-17 09:07 | Report Abuse

bulls fighting back from 0.91 to 0.92 and by mid day 0.96

Posted by Lee Meng Fatt > 2013-06-17 09:12 | Report Abuse

MALTON all contra players all gone already

Posted by crawler > 2013-06-17 09:17 | Report Abuse

if it comes it comes big man...hold on tight

Posted by crawler > 2013-06-17 09:18 | Report Abuse

because this counter is really undervalue

Posted by sephiroth > 2013-06-17 09:18 | Report Abuse

the volume is very low today

Posted by Lee Meng Fatt > 2013-06-17 09:32 | Report Abuse

0.925/0.93

Posted by ganasai > 2013-06-17 09:34 | Report Abuse

need to wait sell off stop, then only push more higher. today can reach 1 is just a dream and talk bullshit.

Posted by cherry tomato > 2013-06-17 09:38 | Report Abuse

everyone are waiting US policy meeting on Tuesday and Wednesday

Posted by crawler > 2013-06-17 09:47 | Report Abuse

relax...the fund will push it up soon

Posted by Lee Meng Fatt > 2013-06-17 10:13 | Report Abuse

suddenly sellers of 91.5 and 92 cent all finish kena makan........... must be a stage that accumulating stock

Posted by Lee Meng Fatt > 2013-06-17 10:23 | Report Abuse

lol many people throw 0.915...........

Posted by Lee Meng Fatt > 2013-06-17 10:46 | Report Abuse

morning range : RM 0.91 - RM 0.93...

boring....

Posted by potenza10 > 2013-06-17 10:54 | Report Abuse

overbought!

Posted by Lee Meng Fatt > 2013-06-17 11:05 | Report Abuse

haha, overbought is not an issue.... just show that this company good to invest.....
public bank also overbought.... swt...

Posted by sifuexperience > 2013-06-17 11:12 | Report Abuse

Agree with LMF.. overbought can be a is a sign of uptrend actually.

Posted by crawler > 2013-06-17 11:32 | Report Abuse

moving soon fellow traders...board before it rallies

Posted by sifuexperience > 2013-06-17 11:36 | Report Abuse

yea.. real soon.. naik lah bus ini sebelum terlambat..

Posted by crawler > 2013-06-17 11:37 | Report Abuse

the journey to 1.00

Posted by potenza10 > 2013-06-17 11:38 | Report Abuse

hahahahaahahahaa....see if can break 93c before lunch break.