Posted by ivan9511 > 2017-06-13 23:58 | Report Abuse

MKLAND WILL UP SOON , DUN WORRY

Posted by nemesis > 2017-06-14 12:56 | Report Abuse

Seems like going down soon Ivan....

Posted by ivan9511 > 2017-06-14 23:17 | Report Abuse

dun worry , I also hold @30sen quite a lot
just let it sleep first la my fren

Posted by abang_misai > 2017-06-14 23:18 | Report Abuse

Avoid mk

Posted by billionaire88 > 2017-06-14 23:28 | Report Abuse

ivan9511 : dun worry , I also hold @30sen quite a lot
just let it sleep first la my fren

That's good, your cost is so low. You just need it to move 3 slots from today's close to breakeven. On a good day, it can easily happen.

Posted by billionaire88 > 2017-06-14 23:29 | Report Abuse

nemesis : Seems like going down soon Ivan....

agree. bottom not yet reach....

Posted by Ibi_chan > 2017-06-15 13:49 | Report Abuse

Heading to 20 cents?

Posted by ivan9511 > 2017-06-15 17:53 | Report Abuse

is ok la. today not much selling at 28.
mostly is 285.
let see how mk going la
btw mk now got more cash at hand . so no need worry
this mk i like very much now
second my baby is trop and glomac
mk please wisely used your cash rich advantage

Posted by Ibi_chan > 2017-06-15 19:12 | Report Abuse

Looks cheap. Will it be cheaper?

Posted by Ibi_chan > 2017-06-16 03:22 | Report Abuse

Whats the fair value for mk land? 22 cents or 20 cents?

Posted by abang_misai > 2017-06-16 07:16 | Report Abuse

Hehe. Tunggu....

Posted by Kelcck > 2017-06-17 17:44 | Report Abuse

Yup by end of the year it will hike to 0.50 is super undervalue now..

Posted by Louisngu > 2017-06-17 19:32 | Report Abuse

whn it will up i dunno but i know it wont bankrupt because of land bank at strategy location. whn the bosa need money they will goreng now just wait will do

Posted by Jacklee90 > 2017-06-18 21:29 | Report Abuse

I personally like mkland also. I always collect at the lower point. It was the property star before. Currently under value. I just know that the NTA is 90sen per share. Great to invest.

Posted by Michealtan89 > 2017-06-18 23:20 | Report Abuse

Heard got some good annoucement coming for mkland. Some project to be annouce. Maybe can look back.into mkland again. Personally think 28sen is a good price to enter

Posted by nemesis > 2017-06-18 23:41 | Report Abuse

Are you sure or is it just plain rumours...

Posted by TakeProfits > 2017-06-19 05:23 | Report Abuse

Look at the company before you buy or else will get you Bandar!! :-). But at own risk.

Posted by TakeProfits > 2017-06-19 05:24 | Report Abuse

I mean kena "bakar ". If you think it is now enough to buy. Then buy and hold

Posted by TakeProfits > 2017-06-19 05:25 | Report Abuse

Low enough to buy

Posted by davidzhuan > 2017-06-19 08:37 | Report Abuse

Micheal? mind to share what news or not.? buy on rumour sell on news ar? haha

Posted by Ibi_chan > 2017-06-19 12:20 | Report Abuse

What news?

Posted by skyz > 2017-06-19 12:28 | Report Abuse

but now there is uncertainty from the outstanding income tax chased amounting to RM80mil. this will affect medium term profitability even if MKLand can nego with IRB to pay in installments

Posted by billionaire88 > 2017-06-19 17:43 | Report Abuse

Since IRB had already announced the RM80m tax bill publicly, would the accountants insist MKLand make provisions to their accounts? Very likely the coming result announcement will be bad. If there is knee jerk reaction, it will be another buying opportunity.

Posted by nemesis > 2017-06-19 20:55 | Report Abuse

No worries they will sell more land....

Posted by Kelcck > 2017-06-20 06:08 | Report Abuse

Their NTA is 90 cents so 0.28 is super undervalue now I have pump in big lot too. I'm sure it will hike soon..kudos

Posted by Runnn > 2017-06-20 23:10 | Report Abuse

MKLAND ( 8893 ) A Hidden Gem To Discover
Author: enfusix | Publish date: Sun, 18 Jun 2017, 01:11 PM

Property stocks continued their recovery from last week. We can monitor that most of the property stocks doing well such as ECOWLD, MAHSING, IOIPG, SUNSURIA, CRESBLD and GOB. If you all got follow me last week, GOB is one of the stock I recommended and it hit the highest of RM 0.41 ( + 7% ) from the RM 0.38 ( the price as I recommended ).



More detail in :

http://klse.i3investor.com/blogs/gob/125200.jsp

Today, I wish to share another undervalue property company which is MKLAND ( 8893 ), this company attract me and current price is fully undervalue among so much property companies.

MKLAND Highlights

The group recorded steady performance of YTD, which registered RM12.5m (+2.5% YoY).
The Group plans to use RM47mil from the proceeds of the Perak land sale as working capital and the remaining RM25mil for ongoing and future development project expenses.
We expects the company’s net cash to increase to about RM122mil.
MK Land has close to 5,000 acres of land, with more than 4,000 acres in Perak, of which 3,000 acres are located in Lembah Beriah.
MK Land’s Damansara Perdana near the bustling Taman Tun Dr Ismail-Lebuhraya Damansara Puchong interchange area is its crown jewel. The company bought most of the land and started developing it in 1996, just prior to the 1997/1998 Asian financial crisis.
The Group plans to resume development at the 3,000-acre mixed development project, Bandar Teknopolis Perdana (formerly known as Lembah Beriah) in Perak, after halting the project following the launch of the first phase of residential homes 10 years ago.
The Group recorded net asset per share of RM 0.97.
Techincal Review



Target price RM0.295, RM0.31
Last closing price RM0.285
Support RM0.28
Possible for Bottom Fishing. MKLAND's share now it well supported above RM0.28 with anticipation of continuous improvement in its momentum and should the price rebound, it may continue to lift price higher to the next resistance levels of RM0.295 and cover the gap of RM0.31.

Conclusion

We believe that MKLAND has good prospect and it's currently trade at undervalue as it's Net Asset per share recored at RM 0.97. MKLAND's share price gapped down on 23rd May due to subsidiary Saujana Triangle Sdn Bhd gets surprise tax bill yet STSB disagreed with the assessment raised by the IRB and will appeal accordingly. We believe it's minor impact to the company as Mkland's strategically located projects in the Klang Valley and Perak are expected to be the key drivers for the Group.

Technically, MKLAND is well support at RM 0.28 and it ready to challenge the immediate resistance to lift the price higher to cover back the gap of RM 0.31.

Posted by nemesis > 2017-06-21 01:57 | Report Abuse

Haha...tis report is just like copy n paste fm previous analysis report...dunno who is the joker who wrote tis funny story about Mkland...he MUST have bought much of MK shares, now wanna spike our interest on tis Share so tat he can unload his shares to us at higher price...

Posted by sctan > 2017-06-21 07:25 | Report Abuse

maybe this joker can show us wat are those projects on hand, and the projects in the pipeline, and their gdv. not his ifyrbelieve canbecometrue. noneedanalysis lor.lol! believe,

Posted by nemesis > 2017-06-21 08:39 | Report Abuse

I believe tis report will lift investors confidence on tis stock again....

Posted by koyokui > 2017-06-21 09:32 | Report Abuse

mkland tp 50sen

Posted by Ibi_chan > 2017-06-21 23:45 | Report Abuse

Any news on mkland? Look tempting to buy. But the management looks like sleeping. Will there be any growth in mk land?

Posted by ivan9511 > 2017-06-22 01:28 | Report Abuse

dun worry, they still got projeks and cash
be patient

Posted by Ibi_chan > 2017-06-22 02:46 | Report Abuse

Okey. Can top up mkland tmrw. All the best to all share holders

Posted by ivan9511 > 2017-06-22 16:33 | Report Abuse

be patient
big fund is sapu at 028
0275 impossible can get
because I also can average down at 028 only
0275 cannot get
this mkland is easy to back to 50sen one
some one not patient keep selling at 028 now

Posted by greatgains88 > 2017-06-22 16:42 | Report Abuse

From previous financials, i think it is a good buy at this current price. Can buy and keep.

Posted by billionaire88 > 2017-06-22 23:22 | Report Abuse

Got money to hold can buy. Eventually this share will be left with investors who can hold as long as it takes, the price will go up again.

MKLand should develop apartment projects below RM500k per unit around Klang Valley. Sure sell like hot cakes. Even if profit lesser never mind. People want to see an active company, not a sleeping company...

Posted by Apollo Ang > 2017-06-22 23:27 | Report Abuse

1 of my fren mr loh bought this stock 200,000 at 0.40cts 2 years ago. each time I met him he curse and swear about this stock.....haha

Posted by nemesis > 2017-06-23 04:27 | Report Abuse

Now the stock is trading at 10 times its RNAV of 2.80...It also means tat it is selling to you at 90% discount...which also means tat you just use only 10 cent to acquire assets tat is worth 1.00...tis is crazy n unacceptable which also point to the foolishness of those who panic sold at 0.275-0.28...

Posted by nemesis > 2017-06-23 04:33 | Report Abuse

Sometimes panic selling is good cos without the foolishness of others, we surely won't be able to grab cheap n clearance sale at 80% off...

Posted by ivan9511 > 2017-06-23 18:54 | Report Abuse

appollo. actually I understand. sometimes price and reports also cannot trust.
like my malakof and magnum which for me is blue chip and dividend counters but make me lost more than ten thousand however qr still net profit.
but some loss many company share price keep flying n9n stop. example sendai keep flying from 40 sen to 140. almost 350% untung.
so for me i am not recommend buy mkland or sell mkland . because after so many times i trade i find out this is luck more than skill . even blue chip also like that.
when you win at the game you can tipu people said you good at market financial reports.
but when you loss just said tipu by management or tipu by good financial reports .
I hope all the best no matter what counters ypu have
hope bursa can show some mercy to give hari raya ang pow sikit ?

Posted by billionaire88 > 2017-06-23 23:28 | Report Abuse

ivan9511 : hope bursa can show some mercy to give hari raya ang pow sikit ?

If you haven't got your Raya Ang Pow by today, there is no more...
Wait for the next festival la, Malaysia got so many, no worry.
As Richard Branson says, there are many buses. If you miss one, you just wait for the next one.

Posted by billionaire88 > 2017-06-23 23:44 | Report Abuse

Apollo Ang : 1 of my fren mr loh bought this stock 200,000 at 0.40cts 2 years ago. each time I met him he curse and swear about this stock.....haha

I am quite sure a lot here in this forum are in similar predicament, me included. We are all loyal and strong supporters of MKL, ahem ahem... So MKL management and major shareholder must be trying hard to reward its loyal supporters.

Some of us has gone crazy to talk down the share, so am I sometimes.... out of frustrations....

The only consolation is we bought the share at substantial discount. We are all looking at Tan Sri MK to do something about his company.

To me there is only one strategy to play this share now, for all those who are trapped. You just keep buying with your spare cash. No share price can go down forever. It has to come back up one day. No share price can go up forever, it has to come down one day. As you accumulate, your average cost will get closer to the current price. When the price comes back one day, you can still hope for a substantial gain instead of just hoping for breakeven or getting out...

Posted by Apollo Ang > 2017-06-23 23:54 | Report Abuse

no share cannot go down forever? what about PN 17?

Posted by TheContrarian > 2017-06-24 00:12 | Report Abuse

Aiyaa Grand Sifu Apollo Ang, you are frightening the people here.

Posted by Apollo Ang > 2017-06-24 00:28 | Report Abuse

why frighten? I am talking the truth not spreading lies, I didn't say mkland can kena PN 17

Posted by billionaire88 > 2017-06-24 19:54 | Report Abuse

Apollo Ang : no share cannot go down forever? what about PN 17?

MKL won't kena PN17 gua?

Posted by nemesis > 2017-06-25 01:20 | Report Abuse

Well said billionaire88...I m with you...

Posted by nemesis > 2017-06-25 01:24 | Report Abuse

0.275 is already lowest...Now we just have to wait for Tan Sri Mustapha Hari Raya open hse Speech a little hint of Mkland prospect moving forward....

Posted by nemesis > 2017-06-25 01:32 | Report Abuse

NOW I really challenge those who are willing to dispose at 0.27...U dare to dispose at 0.270, I will collect with a smiling face...Bring it on!

Posted by mdrizal > 2017-06-29 00:53 | Report Abuse

Bila mau naik? Tak ada new catalyst ka?