Posted by moneycashrich > 2014-08-06 16:56 | Report Abuse

A down day

Posted by Ng MC Angie > 2014-08-06 18:04 | Report Abuse

Ready zzzzzz

Posted by moneycashrich > 2014-08-07 05:30 | Report Abuse

Big move delayed...........waiting for sign if any

Posted by speakup > 2014-08-07 07:28 | Report Abuse

good solid company

Posted by kancs3118 > 2014-08-07 08:52 | Report Abuse

#pray for Malton...

Posted by bktay123 > 2014-08-07 08:53 | Report Abuse

A lot of funds are invested in this stock.

Posted by kancs3118 > 2014-08-07 10:36 | Report Abuse

My greatest fear for Malton - what happens when the economy tanks? Both mega projects for Pavillion Bukit Damansara and Pavillion Bukit Jalil will be badly affected. Don't play play - company may even go under...

Posted by Iching88 > 2014-08-07 16:04 | Report Abuse

worry pls sell to me. wah ka ka ka

Posted by keelin > 2014-08-07 16:19 | Report Abuse

:-)

Posted by moneycashrich > 2014-08-07 22:28 | Report Abuse

a small rebound...........still sleeping

Posted by lloydlim > 2014-08-08 11:26 | Report Abuse

Pls drop to 1.00

Posted by ronnieq > 2014-08-08 15:06 | Report Abuse

1.00 will grab more

Posted by kancs3118 > 2014-08-08 16:42 | Report Abuse

# pray for MH Malton

Posted by moneycashrich > 2014-08-08 19:26 | Report Abuse

went sleeping........

Posted by kancs3118 > 2014-08-08 23:39 | Report Abuse

it may be a good time...considering the volume now is hovering in between RM1.03 to RM1.07. Next time when this baby rise, it may challenge RM1.10 strongly.

Posted by Tornado > 2014-08-11 16:45 | Report Abuse

ho..ho..ho, windfall profit coming .......

Posted by kancs3118 > 2014-08-12 07:29 | Report Abuse

@ Tornado...mind to clarify?

Posted by Ng MC Angie > 2014-08-12 18:20 | Report Abuse

Zzzzz

Posted by moneycashrich > 2014-08-12 19:44 | Report Abuse

still sleeping mode..............lah

Posted by kancs3118 > 2014-08-14 21:57 | Report Abuse

slowly inching its way up...

Posted by cashonhand > 2014-08-15 00:57 | Report Abuse

at least break 1.08 only will head further

Posted by moneycashrich > 2014-08-15 19:08 | Report Abuse

still sleeping lah.

Posted by axis > 2014-08-18 09:39 | Report Abuse

the quarterly results will definitely be great..if ho hup can recognize profits and has its share increased by so much as a result of only 1/6 of the bkt jalil project in which malton manages, then malton shares should be reflective as well. also not forgetting the extraordinary profits it made during the year

Posted by cashonhand > 2014-08-18 09:59 | Report Abuse

when result out?? it need some "wai ko" to boost up....

Posted by cashonhand > 2014-08-18 11:13 | Report Abuse

property stock moving..

Posted by as1915000 > 2014-08-18 11:49 | Report Abuse

kikiki, up up up

Posted by as1915000 > 2014-08-18 11:50 | Report Abuse

undervalue stock

Posted by Alexi > 2014-08-18 22:56 | Report Abuse

GOB up today, 2morow Malton turn..

Posted by CityHunteR > 2014-08-21 09:11 | Report Abuse

Today will up....

Posted by moneycashrich > 2014-08-22 12:52 | Report Abuse

even good results may have no effect..........sleeping

Posted by james70 > 2014-08-22 15:37 | Report Abuse

saw this on a blog. not sure how true is it.

Malton: It is undertaking a private exercise to raise funds for upcoming projects. It is expected to raise some rm40 million or a placement price of rm1.10.

Institutions like Malton but the share price is volatile and they cannot get enough shares.

Observers had ascribe a fair value of around rm1.70 give its strategic landbank. Its latest reported NAV stood at rm1.55 a share.

Its net cash in operating activities stood at rm32.3 million as at March 31 2014 versus rm193 million a year ago while its total borrowings stood at rm397 million.

It is posed to play a bigger role in the development of Damansara Tow Centre, expected to be completed over seven or eight years from 2014.

It also has three projects in the pipeline worth rm7.9 billion at Bukit Jalil, Batu Kawan in Penang and Pengerang in Johor. Malton will be building a shopping mall worth rm3.5 billion in Bukit Jalil.

Posted by lwalk > 2014-08-22 15:41 | Report Abuse

its an article in Focus Malaysia, just published :)

Posted by james70 > 2014-08-22 18:56 | Report Abuse

thanks lwalk.

Posted by moneycashrich > 2014-08-23 08:33 | Report Abuse

still sleeping.............an undervalued stock but players seem have no interest.

Posted by Angel_Investor > 2014-08-23 17:41 | Report Abuse

Time to accumulate guys!

Posted by calvintaneng > 2014-08-24 23:15 | Report Abuse

Lightsaber

Malton was massively undervalue when I Bought Chunks of it at 30 Cents Only. I SAW Pavilion being built in the former Bkt Bintang Girls School Land in KL CBD then. Now Malton at RM1.04 is already up 300% or more.

The Counter That Is NOW MASSIVELY UNDERVALUE IS BJ CORP!

When I Bought MALTON At 30 Cents (Yes! Thirty Cents Only!) Nobody Wanted It. So Now BJ CORP At 50 Cents Few People Are Interested In It.

Some Day BJ Corp will Also Shoot Up 300% Like Malton now.

I Won't Be Surprise At All If Some Future Day When BJ Corp Crosses RM1.50 People Will Also Come Out To Say That BJ Corp Is Massively Undervalue Also!

From Calvin Tan, Singapore

CALVIN TAN RESEARCH

Posted by Ng MC Angie > 2014-08-25 11:01 | Report Abuse

Fly until a year plus also cannot arrival....

Posted by moneycashrich > 2014-08-25 22:14 | Report Abuse

still...............sleeping

Posted by as1915000 > 2014-08-26 09:40 | Report Abuse

very quiet counter
no up

Posted by hooi > 2014-08-26 16:17 | Report Abuse

Bought Malton at 1.05

Posted by Angel_Investor > 2014-08-28 16:24 | Report Abuse

Gd news coming soon!

Posted by lloydlim > 2014-08-28 18:04 | Report Abuse

Eps 2.0+ not bad!

Posted by jafon1989 > 2014-08-29 09:04 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1724693

Posted by keelin > 2014-08-29 09:15 | Report Abuse

Oh my God... Profit drop...

Posted by kengteck68 > 2014-08-29 09:29 | Report Abuse

Compare to last Q, with the same turnover it gets better profit. EPS 2.05

Posted by Cheng Yeow Ng > 2014-08-29 10:00 | Report Abuse

Malton is going to have major change
https://www.facebook.com/HollandStock

Posted by SIEWPING > 2014-08-29 10:10 | Report Abuse

good news

Posted by lloydlim > 2014-09-02 00:49 | Report Abuse

http://www.chinapress.com.my/node/556520

Posted by Jack Leo > 2014-09-02 09:28 | Report Abuse

I am back... I love malton

Posted by james70 > 2014-09-03 11:39 | Report Abuse

RHB issued a report on Malton yesterday entitled "Entering a New Growth Phase".

Malton’s MYR3.5bn Bukit Jalil City project may be a turning point and key earnings catalyst. It has sold MYR400m worth of shop lots in that project while other projects worth MYR1bn will be launched in FY15. The company is now sitting on a MYR84m potential gain from the 187k sqf of
office space in PBD which will be delivered in four years. Based on a 40% discount to RNAV, the stock could be valued at MYR1.81.

MYR400m shop lot sales to kick in. Malton should enter a new growth phase from FY15. Of the total MYR600m GDV for the 120 shop lots in its Bukit Jalil City project, 70% have been taken up. As the shops were launched in last quarter, earnings have already started kicking in from 4QFY14.

Over MYR1bn projects in the pipeline for FY15. We expect stronger sales of MYR500-600m on the back of >MYR1bn worth of launches in FY15. Compared with only two new launches in FY14, FY15 will see more launches being scheduled as many projects are now ready to be rolled out after some delay. These include the serviced apartments in Bukit Jalil and Pantai Dalam, landed houses in Ukay Spring and shop lots in Pengerang. We are of the view that most of these will be quite salable.

Streamlining landbank to sharpen development focus. Malton recently sold two parcels of land – in Sungai Long and Sungai Buloh – so that its management can better focus on other more sizeable
developments such as the ongoing Bukit Jalil project and its commercial development in Batu Kawan. As both parcels were sold at attractive prices, this will boost its FY15 earnings with a total net gain of MYR52m.

Already making profit from office space entitlement in PBD. Although construction on the redevelopment of Pusat Bandar Damansara (PBD) has yet to start, the 187k sqf of office space assigned to Malton by Johor Corp (as part of the settlement for PBD land between JCorp and Tan Sri Desmond Lim) is now worth MYR224m based on a market value of MYR1,200 psf. This suggests a potential gain of MYR84m (+60%) on top of the MYR140m that the company booked as investment asset.

Earnings forecasts and valuations:

Forecasts: We expect Malton’s FY15 earnings to strengthen further even though FY14 earnings were boosted by the MYR140m sale of VSQ. Ongoing projects such as The Cantonment in Penang will be handed over and Nova Saujana in Subang will be nearing completion in FY15, while progress billings from sale of the Bukit Jalil shop lots are due to stream in. The company’s construction division has unbilled contract value of MYR410m, and its property development unbilled sales currently total MYR470m. This will be topped up further over the next few months as the newly launched SK One Residence in Seri Kembangan is 80% booked for Block A.

Meanwhile, FY15 will also see the recognition of the MYR52.3m total net gain from completion of the disposal of the company’s two pieces of land during the financial year. Projects other than that in Bukit Jalil City such as Nova Pantai, landed homes in Ukay Spring and shops in Pengerang should underpin earnings in FY16. Malton’s net gearing currently stands at 28%, in line with the industry average.

Valuations: Malton has a compelling re-rating angle. Its strategic landbank, potential upside in its asset value as well as its value-unlocking efforts via land disposals and property developments suggest that there is deep value in the company. Unlike the volatility in the past, Malton’s earnings should enter a new phase of growth from FY15, with the Bukit Jalil City project being the key catalyst. Based on a 40% discount to RNAV, the stock could be valued at MYR1.81. Note that the potential gain arising from the office space in PBD could add 13 sen to our RNAV/share estimate,
although this is excluded from our valuations for now. At the current price, the stock is trading at undemanding 6.8x CY15 P/E and 0.66x P/BV (NTA/share of MYR1.56), while other small cap developers under our coverage are already trading at 8-9x PE.