Mana Hooi?? Lu kasi booking buy la 3000 lots.. Kasi support ini Malton..gua mau lelong sama lu..urgent sale.. Jangan buy 100 lot or 200 lot, itu budak budak punya game.. Haiyaaa!!
Chart shows lower low for sometime already, looks like no big timer support at this level. Better quit first so as to have bullet to enter at lower price. Happy trading!
1724 Paramount proposed acquistion of a piece of freehold land measuring in total area approximately 30.7 acres situated at Batu Kawan at a total cash consideration of RM67,007,594.40
Malton (MALT MK) Technical BUY with +22.5% potential return Last price : RM1.02 Target Price : RM1.14, RM1.25 Support : RM0.970 Stop-loss: RM0.960 BUY with a target price of RM1.25 with stop loss placed at below RM0.960. MALT’s share price has twice rebounded from a similar level of RM0.970 in the last 6 weeks as MALT gradually recovered along the rising trendline. Given the consolidation within the “cloud” since 29 May 14, MALT could surge past the immediate resistance of RM1.04 given improving momentum as shown by positive readings in both RSI and MACD. The share price successfully closed above the 10-day and 21-day SMA lines yesterday, suggesting possible upward continuation from here onwards. We peg our medium-term target at the 1.61x Fibonacci extension level of RM1.25 with the expectation that MALT could resume its uptrend.
Malton is developing a 50acres land at Kinrara,Bukit Jalil with GDV Gross Development Value of 4.2B (Hohup's land but Malton responsible for the contruction) Malton will get 82% of sales from the 4.2B while Hohup get 18%
Pavilion II's net lenttable space is 2millions sq ft, which is larger then Pavillion Bukit Bintang Pavillion Bukit Bintang net lettable space is about 1.3millions while the market capital stand at 4B
If Pavillion II listed as REIT, it's valuation should be more then 4B Moreover, with the mix-development of hotel condo project surround Pavillion II plus future development value of the 300acres land at Batu Kawan, Penang. Malton's 400millons issues share plus the enlargeable 139millions shares of warrant, should have a future value of RM10 NTA per share!!!
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....
hooi
1,773 posts
Posted by hooi > 2014-06-06 16:54 | Report Abuse
Bought Malton at 0.985