Bought Malton last 2 weeks total 3000 lots (300,000 units) @ RM 1.090 ...no issue for price correction ..looking forward TP @ RM 1.70 and above.. RM 2.00 also can be reasonable TP .
Relatively new company.EPS n dividends not very consistent.Hope qrtly results good.buyers shoot down price or ayam run from coop? Volume looks good.Wait n see results.
@ azlan88, well...hopefully with all the new projects lined up, Malton can deliver a more consistent performance. There is a report appearing on TheEdge (19th Apr) that the reception for Pavilion 2 is quite encouraging.
Malton dropping to RM0.80? Highly unlikely. Small cap property counters witnessed a steep correction (i.e.; GOB & Tambun Indah) early this month. However, Malton hardly bulge, keeping firmly to RM0.98 to RM1.03 region.
HoHup going down? That is weird...TheEdge (19th May 2014) report is painting a good rosy picture about HoHup. All the contributions from Pavilion 2 is as good as profit for HoHup.
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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....
kennyukm
429 posts
Posted by kennyukm > 2014-05-06 08:11 | Report Abuse
Hi Hooi, still remember you did the same strategy for Padini last time and you earn a lot lot... Anything that you can share here? Thanks.