that's the weird thing.. came out of PN17 and it should already up high above but dropping like hell from 1.6+ to 1.3+ to me, it still worth to buy and collect... but don't know when it will fly..
last quarter's EPS is quite high because of the once off disposal of the parking lot. This is categorised as an extraordinary item and not within the normal operating context.
Desmond Lim develop under his private capacity at pavilion (Bayan Tree).Only those project of high risk put under Malton to suffocate the true investor or to choke them till unconscious.Beware!
well...even if Desmond Lim undertakes highly profitable property developments under his own private capacity, he still needs the construction resources at Malton to build things up. Malton will still stand to gain in terms of being a contractor.
I cant agree more than what was articulated by ykgykg....there are may examples of individual billonaires wud enrich themselves via private vehicle/company(ies) the expense of small ikan bilis whom invested for a small gain to stay alive week in week out...
@ hooi, you are quite aggresive in accumulating Malton. Any reasons behind? If this counter is really undervalued, why the price hardly increase? Please educate me.
my main concern for this counter is that the best, most profitable projects are not kept for maximise shareholders value. The shareholders kind of like get the leftovers, the crumbs.
This share was already sluggish for 1 month. Please don't fall behind other property stocks or else later classified by investment firms as underperformance among property sector.
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....
i3i2i1
4,731 posts
Posted by i3i2i1 > 2014-05-26 14:29 | Report Abuse
that's the weird thing.. came out of PN17 and it should already up high above but dropping like hell from 1.6+ to 1.3+
to me, it still worth to buy and collect... but don't know when it will fly..