MALTON BHD

KLSE (MYR): MALTON (6181)

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Last Price

0.415

Today's Change

0.00 (0.00%)

Day's Change

0.415 - 0.415

Trading Volume

10,000


18 people like this.

10,794 comment(s). Last comment by koyokui 2 months ago

hng33

20,491 posts

Posted by hng33 > 2015-08-12 12:33 | Report Abuse

Bought more Malton at 69.5sen

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-08-12 12:34 | Report Abuse

good good good

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-08-12 16:34 | Report Abuse

Malton speculator

hng33

20,491 posts

Posted by hng33 > 2015-08-12 17:07 | Report Abuse

Sold back malton at 71.5-72sen

fong7

647 posts

Posted by fong7 > 2015-08-13 17:24 | Report Abuse

why malton-LA can be that much more expensive than malton mother share? i don't understand. isn't the conversion ratio 1:1?

hng33

20,491 posts

Posted by hng33 > 2015-08-14 16:25 | Report Abuse

Bought Malton at 70sen

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-08-15 16:53 | Report Abuse

Better to pick up at new low few days time

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-08-17 15:57 | Report Abuse

bought 67sen

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-08-18 09:27 | Report Abuse

0.6 very very soon

hng33

20,491 posts

Posted by hng33 > 2015-08-18 11:05 | Report Abuse

bought Malton 67sen

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-08-18 13:22 | Report Abuse

High debt company will be down when bank negara increase interest.... good luck

hng33

20,491 posts

Posted by hng33 > 2015-08-18 17:02 | Report Abuse

Sold back at 68sen

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-08-18 17:03 | Report Abuse

hoho............

hng33

20,491 posts

Posted by hng33 > 2015-08-19 15:18 | Report Abuse

Sold all balance Malton at 68sen, cut loss earlier batch at cost 70sen, free up capital

TAH

797 posts

Posted by TAH > 2015-08-19 15:38 | Report Abuse

Smart player

Spike

20 posts

Posted by Spike > 2015-08-19 17:24 | Report Abuse

Both Malton and HoHup go Holland

Yunnan

405 posts

Posted by Yunnan > 2015-08-26 17:49 | Report Abuse

Today up. May be expect good result.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-08-26 21:04 | Report Abuse

Good result ?! U must be kidding !

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-09-16 09:33 | Report Abuse

0.80 very soon then exit and tidur

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-09-24 16:10 | Report Abuse

ingat mau jalan liew

johotin88

385 posts

Posted by johotin88 > 2015-09-26 18:37 | Report Abuse

Will get some positive effect from GOB for short term.

hng33

20,491 posts

Posted by hng33 > 2015-10-05 12:05 | Report Abuse

Bought Malton at 74sen

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-10-07 10:13 | Report Abuse

malton mau jalan liew

hng33

20,491 posts

Posted by hng33 > 2015-10-08 09:37 | Report Abuse

Sold all at 76sen

fong7

647 posts

Posted by fong7 > 2015-10-08 16:21 | Report Abuse

haha

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-10-12 09:41 | Report Abuse

sell below 0 80 and regret later

hng33

20,491 posts

Posted by hng33 > 2015-10-29 12:03 | Report Abuse

Bought Malton at 77sen

hng33

20,491 posts

Posted by hng33 > 2015-11-02 12:28 | Report Abuse

Sold back all at 79sen

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-11-02 17:53 | Report Abuse

hari hari untung sikit,bila mau jadi bukit?

bowman

2,596 posts

Posted by bowman > 2015-11-03 09:54 | Report Abuse

malton breakout already 0.80

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-11-03 10:23 | Report Abuse

after 8 is 9

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-11-18 17:37 | Report Abuse

sold 0.81

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-11-18 19:44 | Report Abuse

As I said early, result is bad, better wait until 2018 .

darrenliew

1,032 posts

Posted by darrenliew > 2015-12-02 10:14 | Report Abuse

Malton. deeply undervalued and underpriced @0.795/80.
Strong Fundamentals : last financial year 30/6/2015 : P.E. 8.2x, EPS 9.85 sen, Dividend 3 sen. Dividend Yield 3.78%. NTA 1.59. Fixed Deposits + Cash totalled RM67M = 15 SEN CASH BACKING per share. Capital Base 448M shares of RM1 each. Reserves 26M. RETAINED PROFITS 239M.
The strong fundamentals will result in the RE-RATING of Malton's share price by the following near term positive catalysts:-
1) 3 sen Dividend to ex next week (10/12/15)
2) Announced Receipt of RM154 millions in CASH for exercising Its Put Option to dispose of its rights in the Damansara Town Centre Project. This had increased its CASH holdings by 154M.This cash infusion will immediately cut down its bank borrowings and reduce its gearing. It has also registered an Extraordinary Gain of 14m (which will push up its next quarter profit) . With the huge cash hoard and better expected results, we can expect a Special Dividend.
Malton's construction contracts in hand has been boosted by the in-house RM803m contract it got from the Desmond/Pavilion Group for its Bukit Damansara Town Centre Redevelopment Project.
Malton is my choice. All the positive catalysts for the Re-Rating is now in place.

darrenliew

1,032 posts

Posted by darrenliew > 2015-12-02 10:36 | Report Abuse

MALTON. STRONG FUNDAMENTALS AND DEEPLY UNDERVALUED @ 0.80
FYE JUNE 2015: P.E. 8.2x, EPS 9085 SEN. DIVIDEND 3 SEN (DIVIDEND YIELD 3.78%). NTA 1.59. CAPITAL 448M SHARES OF RM1. RESERVES 26M. RETAINED EARNINGS 239M. CASH IN HAND 67M (= 15 SEN CASH BACKING PER SHARE).
MALTON'S SHARE PRICE IS DUE FOR A GOOD RE-RATING BASED ON THE FOLLOWING NEAR TERM POSITIVE CATALYSTS:-
1) EXERCISED ITS PUT OPTION TO DISPOSE OFF ITS RIGHTS IN THE GROUP'S BUKIT DAMANSARA TOWN CENTRE REDEVELOPMENT PROJECT. RECEIVED CASH RM154 MILLIONS AND MADE A DISPOSAL GAIN OF RM14M. MALTON'S NEXT QUARTER'S RESULTS AND PROFITS WILL JUMP UP. ITS TOTAL CASH HOARD HAS JUMPED UP AND ENABLED IT TO GREATLY CUT ITS BORROWINGS AND GEARING, THEREBY STRENGTHENING ITS BALANCE SHEET
2) PROSPECTS FOR A SPECIAL DIVIDEND + BONUS SHARE ISSUE ARE BRIGHT.

darrenliew

1,032 posts

Posted by darrenliew > 2015-12-02 11:14 | Report Abuse

A SIMPLIFIED COMPARISON OF MALTON'S CURRENT DIVIDEND INCOME AGAINST BANK FD INTEREST INCOME BASED ON AN INVESTMENT CAPITAL OF RM80,000
==================================================================
DIVIDEND INCOME BY PURCHASING 80,000 SHARES IN MALTON.
@ 3 SEN WILL GET RM2,400 (receivable 29/1/16 i.e. in 2 months time)

BANK FD INTEREST INCOME ON RM80,000 @ 4% = RM533 ONLY (80,000x 4/12 x 2 months)

BY INVESTING IN MALTON NOW I CAN EARN AN EXTRA CASH INCOME OF RM1,967

(SAFETY FACTOR. OF COURSE, SHARE INVESTING CARRIES SOME MARKET PRICE RISKS. BUT MALTON IS A FUNDAMENTALLY SOUND LISTED ENTITY. SINCE ITS CURRENT SHARE PRICE @0.80 IS ALREADY LOW, THE RISKS ARE QUITE MINIMAL AND IS LIKELY TO APPRECIATE IN FUTURE BASED ON ITS BRIGHT BUSINESS PROSPECTS)
(disclaimer. my above comments are solely meant for market info sharing and is NOT a solicitation to buy or sell Malton shares.The data cited are derived from many sources available in the public domain) Tq

darrenliew

1,032 posts

Posted by darrenliew > 2015-12-02 16:11 | Report Abuse

Other near term catalysts for an upward rerating for Malton will include the sale of its Subang lands (for rm83M now aborted) to other buyers. This will further boost its cash resources, cut its borrowings, strengthen its Balance Sheet enabling it to increase its Dividend pay-outs and/or reward its shareholders with Special Divedends.

JamesPond

429 posts

Posted by JamesPond > 2015-12-02 16:55 | Report Abuse

Doubt they would give special div because working cap requirements when they start work in PBD and also constructing Pavillion in Bukit Jalil unless Pavillion BJ sold before construction work start.

darrenliew

1,032 posts

Posted by darrenliew > 2015-12-02 18:14 | Report Abuse

SPECIAL DIVIDEND IS STILL FEASIBLE.
WITH THE RECEIPT OF RM154M CASH .
ON A CAPITAL BASE OF 448M, A SPECIAL DIVIDEND OF 1.5 SEN AMOUNTING
TO ONLY 6.7M WILL NOT BE A BURDEN.
INCREASING DIVIDEND. PAYOUTS IS A GOOD CORPORATE STRATEGY TO ATTRACT
INSTITUTIONAL INVESTORS WHICH WILL BE VERY POSITIVE FOR MALTON'S FUTURE
SHARE PRICE

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-12-02 18:39 | Report Abuse

Malton also owns large tract of lands in fast growing Batu Kawan ,Penang

darrenliew

1,032 posts

Posted by darrenliew > 2015-12-02 20:53 | Report Abuse

Kkng. Thanks for the info on Batu Kawan land.
Now we all know that MALTON with all its good
LANDBANKS N sizeable IN-HOUSE CONSTRUCTION
Contracts (PBD N BUKIT JALIL) MALTON IS RIPE
FOR RERATING. IT HOWEVER NEEDS CATALYSTS
TO UNLOCK ITS VALUE FOR ITS SHAREHOLDERS
SO THAT ITS SHARE PRICE WOULD REFLECT ITS
VALUABLE ASSETS N ITS POTENTIAL.
IN addition TO GOOD PROFITS, IT NEEDS TO INCREASE
ITS DIVIDEND PAYOUTS TO EARN ITSELF AS AN
INVESTMENT-GRADE SHARE COUNTER AMONG THE
LOCAL INVESTORS N ESPECIALLY INSTITUTIONAL
INVEDTORS, BOTH LOCAL N FOREIGN.
MALTON'S BOARD OF DIRECTORS SHOULD
SINCERELY ADOPT A MORE GENEREOUS DIVIDEND
POLICY TO REWARD ITS SHAREHOLDERS

darrenliew

1,032 posts

Posted by darrenliew > 2015-12-02 22:30 | Report Abuse

ERROR CORRECTION ON COMPARITIVE RETURNS BETWEEN MALTON'S DIVIDEND AND BANK'S FD INTERESTS (BASED ON RM80K INVESTMENT}
===≠======================×===========
CORRECTLY SHOULD BE

RM80000 GETS 100,000 MALTON @0.80 WITH 3 SEN DIVIDEND EARNS RM3000 IN 2 MTHS TIME
RM80000 IN BANKS FD @4% FOR 2 MTHS EARNS ONLY RM533.
MALTON'S DIVIDEND INCOME IS MUCH MORE SUPERIOR THAN THE BANKS FD.
IN FACT MALTON'S DIVIDEND EXCEEDED BANKS FD INTERESTS BY RM 2,467
(My apologises)

hng33

20,491 posts

Posted by hng33 > 2015-12-16 17:06 | Report Abuse

Bought Malton at 79.5sen

hng33

20,491 posts

Posted by hng33 > 2015-12-17 11:25 | Report Abuse

Bought more Malton at 80sen

hng33

20,491 posts

Posted by hng33 > 2015-12-23 15:35 | Report Abuse

Bought more Malton at 81sen

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-12-23 21:30 | Report Abuse

strong support at 0.79

hng33

20,491 posts

Posted by hng33 > 2015-12-28 16:27 | Report Abuse

Sold off all Malton at 82-82.5sen

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-12-28 16:36 | Report Abuse

Hit and run investors

darrenliew

1,032 posts

Posted by darrenliew > 2015-12-28 23:42 | Report Abuse

MALTON IS HUGELY UNDERVALUED (PRICE 0.81)REASONS INCLUDE:-
=================================================
NTA RM1.59
P.E 8.4x only
PAR VALUE RM1. ONLY 448M SHARES (MID-CAP WITH MUCH ROOM TO GROW )
NET PROFIT RM43M OR EPS 9.85 SEN (30/6/2015)
DIVIDEND 3 SEN OR YIELD OF 3.7% (LIKELY TO INCREASE . RE CATALYSTS BELOW)

GOT 10 DEVELOPMENT PROJECTS IN KL/SELANGOR AND PENANG WITH GDV RM10B.
(INCLUDING ITS BUKIT DAMANSARA NEW TOWN CENTRE INCORPORATING A PAVILON MALL WITH GDV RM2B). GREAT FINANCIAL TIE UP WITH CANADIAN PENSION FUND CONTRIBUTING RM485M FOR ITS 49% STAKE.

THE OTHER MAIN PROJECT WHICH WAS RECENTLY SUCCESSFULLY LAUNCHED WAS ITS
BUKIT JALIL CITY INCORPORATING PAVILON2 . GDV RM3.9B.(RE ARTICLE BELOW)

Thursday, 26 November 2015
Malton hits billion ringgit sales
BY TOH KAR INN

Bukit Jalil City luxury serviced apartments "The Park Sky Residence"

PETALING JAYA: Malton Bhd has charted record sales of RM1bil on the back of its Bukit Jalil City development launch.
Malton and Pavilion Kuala Lumpur are collaborating to develop the 50-acre integrated development, which consists of Pavilion Bukit Jalil regional shopping mall, 112 units of Signature Shop Offices, four towers of luxury serviced apartments known as The Park Sky Residence as well as 44 units of Park Point Shop Offices.
The development includes a link bridge connecting residents to an 80-acre public park in Klang Valley.
“Initially, we had plans to launch only two out of the four serviced apartment tower blocks.
ADVERTISEMENT
“However, response garnered during the soft launch in June this year was overwhelming.
“We were surprised to receive that level of response as there had been a slowdown in the property sector.
“Therefore, the remaining two tower blocks slated for future launches had to be released to meet our customers’ demands,” said Malton Bhd Corporate Finance director Ng Chee Kiet after the group’s AGM yesterday.

CATALYSTS TO UNLOCK THE VALUE OF MALTON
==========================================
1. RECEIVED RM154M CASH UPON EXERCISE OF ITS PUT OPTION TO SELL ITS OFFICE
SPACE ENTITLEMENT IN BUKIT DAMANSARA NEW TOWN CENTRE
REGISTERED A CAPITAL GAIN OF RM 14M (BESIDES A HUGE CASH INFUSION)
CAN CONTRIBUTE A GOOD INCREASE IN ITS NEXT QUARTER PROFITS.
POSSIBLE SPECIAL DIVIDEND FROM THESE
2. GOT IN HOUSE CONSTRUCTION CONTRACT RM703M FOR INFRASTRUCTURE WORKS IN BUKIT DAMANSARA PROJECT. MORE CONTRACTS FROM ITS RELATED PAVILON GROUP.
3. STARTED WORK ON ITS RM209M CONTRACT TOBUILD THE ROYALE PAVILON HOTEL IN JLN B. BINTANG/RAJA CHULAN

LAST BUT NOT LEAST WAS THE RECENT APPOINTMENT OF DESMOND LIM'S YOUNGER BROTHER AS ITS MD. YOUNG, VERY PROFESSIONALLY QUALIFIED. RICHLY EXPERIENCED
WE CAN EXPECT AN ENERGETIC DRIVING FORCE TO UNLOCK THE VALUE OF MALTON'S ASSETS, PRIME LANDBANKS, AND HENCE GROWING ITS MARKET VALUATION/SHARE PRICE.


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paperplane2016

21,659 posts

Posted by paperplane2016 > 2015-12-29 00:02 | Report Abuse

Wrong sector- property. Next yr is hell suffering yr, build house no ppl buy how? Build pavilion no ppl go shopping any more how?

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