MK LAND HOLDINGS BHD

KLSE (MYR): MKLAND (8893)

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Last Price

0.19

Today's Change

+0.005 (2.70%)

Day's Change

0.185 - 0.19

Trading Volume

51,000


22 people like this.

10,212 comment(s). Last comment by Starisborn 1 week ago

ivan9511

3,854 posts

Posted by ivan9511 > 2017-02-09 15:02 | Report Abuse

neme want lower but goldentriangle want limit up
so you two are same gang or what ?
one want fly one want down

nemesis

3,990 posts

Posted by nemesis > 2017-02-09 15:18 | Report Abuse

2 days ago Gadang Holdings Bhd reported acquired 2.66 acres of land in Damansara Perdana for 56 million from Nusvista Development Bhd...assuming 1 acre= 21 million, then Mkland's 230 acres of undeveloped land in Damansara Perdana alone is worth at least 4.6 billion...So total up its others landmark in Perak, kedah and setiawangsa KL would have come to a whopping more than 5 billion net worth of landbank...tis should throttle its RNAV to at least 3.50 per share...At 0.315 it is trading at chicken feet of its RNAV of 3.50...It is like you only pay 0.10 to acquire land tat is worth 1.00 which is more than 90% discount...Never ever underestimate the value of land! Especially prime landbank opposite Empire City...I believe Damansara Perdana land should worth 1000 psf in 5 yrs time from now due to the robust and rapid growth of Empire City and the spill over effect Of the completed MRT facility...At 1000 psf in the future, Mkland RNAV should ve risen to at least 6.00 per share...At 0.315, it is dirt dirt cheap n undervalued at rock bottom level even though Mkland isn't so profitable...By selling land alone, Mkland will be very prosperous hence creating tremendous hidden values to shareholders who dare to buy at current rock bottom level....

nemesis

3,990 posts

Posted by nemesis > 2017-02-09 15:38 | Report Abuse

Pls take note my calculation will override PublicInvest Research which is outdated and inaccurate...Their research is based on 200 psf for 170 acres of Damansara Perdana land which come to RNAV of 1.56...However, Latest report from CEO of Mkland reported Mk still has 230 acres of undeveloped DP landbank which is worth 500-600 psf by now...So pls don follow their inaccurate research!!!...If we apply 70% discount to its RNAV of 3.50 due to its weak earnings result, you still come to a fair value and TP price of 1.05 for Mkland at current property recession...Tis is due to their massive undervalued landbank n assets which provide a big upside to its fair value...

nemesis

3,990 posts

Posted by nemesis > 2017-02-09 15:43 | Report Abuse

At 0.315 it is trading at a huge discount to its fair value of 1.00 which generates a lot of upside and values...I m deeply amazed! Totally unbelievable!

ivan9511

3,854 posts

Posted by ivan9511 > 2017-02-09 15:44 | Report Abuse

nemesis do you dare to buy tiger
seem something coming?

nemesis

3,990 posts

Posted by nemesis > 2017-02-09 16:57 | Report Abuse

Tiger has no values at all...only rubbish!

kktom

394 posts

Posted by kktom > 2017-02-09 18:03 | Report Abuse

nickyeo55 HAHA Nemesis i notice that when the price stay low u curse the counter . when it started to show sign that this counter can move u want it to stay at low price. I think this counter make u mentally disturbed. HAHA. Nemesis u r very great , after u bought the counter u want to see the price keep low forever..
KKtom for a short term player buy below 29 cents n sell at 32 cents can be consider good profit already. The question is how much do u hold only.
Happy trading day for all of u .
Bye from now on.

Only if someone to take up the 10ks lot hahahaha.and somemore!

nemesis

3,990 posts

Posted by nemesis > 2017-02-09 20:46 | Report Abuse

Well if it rises more it benefits me, but if it falls back to below 0.30 I m happy to buy more...either north or south I m please with it...

nemesis

3,990 posts

Posted by nemesis > 2017-02-12 22:02 | Report Abuse

Tat is for sure Golden....Mkland just warming up few days ago...Next week is time to accelerate n fly...

nemesis

3,990 posts

Posted by nemesis > 2017-02-13 08:32 | Report Abuse

Mkland plans to build 500 affordable houses in Meru n Klebang Putra tis year...In the news today...

Posted by billionaire88 > 2017-02-13 22:46 | Report Abuse

PublicInvest Research - 13 Feb 2017
MK Land (Outperform, TP: RM0.50): Eyes 500 affordable houses in Ipoh. Property developer MK Land Holdings (MK Land) will build 500 affordable housing units in Klebang and Meru here this year, its group CEO K. Mohanachandran said. He said the single-storey affordable houses would fetch below RM300,000 per unit. “However, this will depend on how fast we can get the approval for the projects. If the approval process is fast, there will be no ‘holding cost’ that will escalate the home prices,” he said. (StarBiz)

nemesis

3,990 posts

Posted by nemesis > 2017-02-14 10:40 | Report Abuse

It is time to buy...Affordable housing is selling very well at tis current situation...Sure take up rate 100%...

nemesis

3,990 posts

Posted by nemesis > 2017-02-14 10:54 | Report Abuse

I m very confident with Mkland's new CEO to restructure Mkland and kickstart the massive 3000 acres Lembah Beria project...Now the next catalyst is they could bring in reputable foreign investors to joint develop the project...Mr Lau should resign long time ago as he is a property player like Mr Mohanachandran...

Posted by Jolin Lai Chi Pet > 2017-02-14 13:06 | Report Abuse

nemesis, any suggestions?

nemesis

3,990 posts

Posted by nemesis > 2017-02-14 14:56 | Report Abuse

My Suggestion is to BUY now before it is too late Jolin....

nemesis

3,990 posts

Posted by nemesis > 2017-02-15 09:17 | Report Abuse

It is the Final Countdown! Mkland starting to Huat again after T+3...Next round should be 0.35...

Posted by danieltys > 2017-02-15 12:22 | Report Abuse

Hi Nemesis, is it will too late if i buy in today?

Posted by danieltys > 2017-02-15 15:47 | Report Abuse

goldentriangle, the price keep increased from 0.29 to 0.32. Kinda risky, but will try.

Posted by Moon Zhao > 2017-02-15 18:07 | Report Abuse

Every year got dividend pay out but 2016 no dividend.

nemesis

3,990 posts

Posted by nemesis > 2017-02-15 18:13 | Report Abuse

It is because they need huge fund to develop mammoth 3000 acres Bandar Technopolis soon...Tat why they decided not to give dividend...

tai yee

697 posts

Posted by tai yee > 2017-02-16 14:14 | Report Abuse

really? I always thought Mk Land is a sunset company ; D. Seems need to re-assess MKL.

jaijai

54 posts

Posted by jaijai > 2017-02-17 10:38 | Report Abuse

http://klse.i3investor.com/blogs/PublicInvest/116064.jsp
MK Land - Weak Performance

Ywchew8255

122 posts

Posted by Ywchew8255 > 2017-02-17 14:58 | Report Abuse

Downgrade to neutral,don't dream again.

nemesis

3,990 posts

Posted by nemesis > 2017-02-17 16:14 | Report Abuse

Hey u guys pls Don listen to all the nonsense written by Public Invest...haha I can write better than tat lar...All their info n data about Mkland are incorrect...It is all rubbish...U know why they downgrade the stock??? It is bcos they wanna accumulate it at cheap price from you...Pls Don be deceived by their rubbish research....If they ask u to Sell or downgrade, tat is the time u should buy...always go opposite against the tide ok...

nemesis

3,990 posts

Posted by nemesis > 2017-02-17 18:38 | Report Abuse

Not 0.80 bro...By tat time should be at least 1.50 when Its Damansara Perdana land worth at least 900 psf...

nemesis

3,990 posts

Posted by nemesis > 2017-02-18 02:16 | Report Abuse

So what if their Quartely earnings are weak currently...They still 've massive landbank tat worths billions...Don tell me after you bought a house and the prices of property go down, u straight away rush out to sell ur house...Do you? Always look at the underlying hidden assets value before anything else...

ivan9511

3,854 posts

Posted by ivan9511 > 2017-02-18 16:33 | Report Abuse

pbb why lower mkl tp, so bad

nemesis

3,990 posts

Posted by nemesis > 2017-02-19 13:38 | Report Abuse

After u sold to the operator at cheap price, then Public Invest will change their research fm Sell to BUY and upgrade the stock together with some optimistic announcement to lift up the price again...Can't you see their strategy? They are always the predator hunting down the uneducated investors...My sincere advice is just hold on tight to Mkland as they will launch huge project in Lembah Beriah gradually...3000 acres of mixed development affordable housing project...

ivan9511

3,854 posts

Posted by ivan9511 > 2017-02-19 16:12 | Report Abuse

noted

Posted by Tay Sze Yang > 2017-02-20 00:25 | Report Abuse

More aggressive please

Posted by ProStockbroker > 2017-02-20 17:59 | Report Abuse

Everytime the price of stocks drop, someone will promote the stock in order for him to unload it.

nemesis

3,990 posts

Posted by nemesis > 2017-02-20 20:22 | Report Abuse

U are totally wrong...I m happy to see it below 0.30...

ivan9511

3,854 posts

Posted by ivan9511 > 2017-02-20 21:25 | Report Abuse

nemesis , dun always ask down. we all want limit up, many is buy at high prices , you always want down that will hurt them one , dun be so selfish .
must hope all the best limit up.

Posted by verbatin1969 > 2017-02-20 22:09 | Report Abuse

MK land has quite a heavy weightage in my portfolio. i wont mind it dropping further so that i can buy more at cheaper price.

nemesis

3,990 posts

Posted by nemesis > 2017-02-20 22:52 | Report Abuse

Of course we want it down below 0.30 again...never look at ur buying price last time...U should look at the asset value behind the stock...

ivan9511

3,854 posts

Posted by ivan9511 > 2017-02-21 23:34 | Report Abuse

nemesis you should think about Golden , he mention he bot at 0.345,
so as a friend we should hope limit up.
I average is 031 so I not much hurt is ok for me if down
\but we must jaga those bot at highest investors also.
if down they will hurt and maybe sleepless at night.

mkland please fly tomorrow

nemesis

3,990 posts

Posted by nemesis > 2017-02-22 00:20 | Report Abuse

The only solution is to buy more at lower price to average up the price bought rather than hoping it to go up...

Izzo

32 posts

Posted by Izzo > 2017-02-22 18:31 | Report Abuse

True nemesis..indeed..average up..buy lower n with calculated amount of share..

Posted by ProStockbroker > 2017-02-22 19:41 | Report Abuse

No more show due to weak performance. Keep this counter also useless as this company has no more potential for development. You can see its constant revenue. Better invest in other counters that can bring you handsome profits.

Posted by Tay Sze Yang > 2017-02-23 15:16 | Report Abuse

The result is still disappointing

Ywchew8255

122 posts

Posted by Ywchew8255 > 2017-02-23 17:27 | Report Abuse

Still go down ,waste my time

nemesis

3,990 posts

Posted by nemesis > 2017-02-25 03:40 | Report Abuse

Yea I know, if it goes down u buy more lah...give u cheap price u still wanna complain so much...Do you know how to invest?

nemesis

3,990 posts

Posted by nemesis > 2017-02-25 03:43 | Report Abuse

Others sell bcos of their ignorance n foolishness, u don need to follow ok...Just buy more if investors still undervalued Mkland...

nemesis

3,990 posts

Posted by nemesis > 2017-03-01 14:47 | Report Abuse

Why you all so quiet...Once price drop all run away and hiding??

nemesis

3,990 posts

Posted by nemesis > 2017-03-08 11:27 | Report Abuse

Golden...where are you hiding????

nemesis

3,990 posts

Posted by nemesis > 2017-03-08 17:22 | Report Abuse

MKLAND starting to move it is time to grab it before it rises up again...Where are all the supporters for Mkland???

kahfiehlai

677 posts

Posted by kahfiehlai > 2017-03-08 20:52 | Report Abuse

hello...wow nemesee still huging MKland hahahaha

nemesis

3,990 posts

Posted by nemesis > 2017-03-08 23:06 | Report Abuse

I 've a gut feeling starting tomorrow it will stage a comeback after been sluggish for a long time...0.305 is just too cheap for asset rich company like Mkland...It is time to buy before it is too late...

jen188

193 posts

Posted by jen188 > 2017-03-10 09:16 | Report Abuse

Engine starts today. XD

nemesis

3,990 posts

Posted by nemesis > 2017-03-10 17:02 | Report Abuse

MKLAND COULD BE NEXT GOLDEN!!!

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