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

nemesis

3,990 posts

Posted by nemesis > 2020-08-06 14:56 | Report Abuse

0.20 is coming and 0.30 by year end target...and 2 sen final dividend by expectation

KSLI

630 posts

Posted by KSLI > 2020-08-06 15:04 | Report Abuse

nemesis very conservative tp

nemesis

3,990 posts

Posted by nemesis > 2020-08-06 15:10 | Report Abuse

We are talking facts... In a Bull Market all undervalued stocks will be lifted up above water...Mkland is trading at a massive discount to its Net Asset n Revised Net Asset...it is undeniable by now!

nemesis

3,990 posts

Posted by nemesis > 2020-08-06 16:18 | Report Abuse

You all wil never see Mkland below 0.20 again soon

tkl88

8,712 posts

Posted by tkl88 > 2020-08-06 18:17 |

Post removed.Why?

MAX8186

69 posts

Posted by MAX8186 > 2020-08-06 23:35 | Report Abuse

TP price of 30 - 35 sen is achievable by end August.

nemesis

3,990 posts

Posted by nemesis > 2020-08-07 01:47 | Report Abuse

Another steady climb later towards 0.20 level

tkl88

8,712 posts

Posted by tkl88 > 2020-08-07 07:52 | Report Abuse

Today TP 0.25 - 0.35

tai yee

697 posts

Posted by tai yee > 2020-08-07 07:54 | Report Abuse

watch out on mk land. company is dieing, cannot so much on development already. they survive based on selling land and premium land geting lesser and lesser now.

tkl88

8,712 posts

Posted by tkl88 > 2020-08-07 09:18 |

Post removed.Why?

nemesis

3,990 posts

Posted by nemesis > 2020-08-07 09:23 | Report Abuse

Who cares Tai Yee, tis company has massive valuable land that can convert into huge profit which in turn wil increase dividend payment to shareholders...it has near zero gearing...if they have to sell all of its land tat they have no intention to develop, tis company is worth OR has a whopping Revised Net Asset Value of at least 2.50-3.00 per share...this is due to the fact that their land cost 30 years ago when acquired was super low...Now their total land value is worth more than 5 billion if undeveloped...When developed, it has a total GDV of estimate 16 Bil that doubled what Glomac is having...at 0.17 it is stil dirt and deeply undervalued compared to its massive landbank n strong balance sheet...

nemesis

3,990 posts

Posted by nemesis > 2020-08-07 09:45 | Report Abuse

Let's do a basic calculation here....its total Land held for development is ard 780 million that is based on book value by accounting standard...Mkland has a book value of 1.00 currently...NOW its total value of all of its landbank is worth more than 5 billion after more than 20 years of appreciation...After deduction of its acquisition cost last time, its current massive landbank has a Surplus of estimate 4.2 billion...tis surplus is wat brings tremendous value to Mkland tat wil surely inflate its RNAV to the sky...i have an estimate of at least 3.00 per share for its Revised NTA compare to its 0.17 current share price which is unbelievable

nemesis

3,990 posts

Posted by nemesis > 2020-08-07 10:08 | Report Abuse

Most investors are blindly chasing Glove Stocks that has gone out of fundamental P/E value tat is so explosively overvalued that brings super high risk...it is time to look at undervalued hidden gem like Mkland that has super low risk... It is time to start a full coverage of tis forgotten fallen...

seanch8

42 posts

Posted by seanch8 > 2020-08-08 04:45 | Report Abuse

Titijaya colobration with Sinophama vacinne

nemesis

3,990 posts

Posted by nemesis > 2020-08-10 10:24 | Report Abuse

All glove stocks are falling back like a brick now... It is time to shift focus from overvalued glove stocks to undervalued property stocks...time to divert fund to Mkland which is still a great laggard...

Sales

3,272 posts

Posted by Sales > 2020-08-10 15:28 | Report Abuse

Make profit, park at MKland. No worry.

Sales

3,272 posts

Posted by Sales > 2020-08-11 10:01 | Report Abuse

Among all the penny stock, MKLAND is one of the best....

sandrakkc

1,014 posts

Posted by sandrakkc > 2020-08-11 10:13 | Report Abuse

It's time to revalue it's landbank

nemesis

3,990 posts

Posted by nemesis > 2020-08-11 10:33 | Report Abuse

Today is new accumulation after yesterday's sell off...next rally coming soon towards 0.20 resistance level...

sandrakkc

1,014 posts

Posted by sandrakkc > 2020-08-11 10:36 | Report Abuse

Been waiting, by when?

Sales

3,272 posts

Posted by Sales > 2020-08-11 10:58 | Report Abuse

Keep MKland, you can sleep soundly.zzzz.

sandrakkc

1,014 posts

Posted by sandrakkc > 2020-08-11 11:02 | Report Abuse

But we don't want to sleep too long in a bull market like this now.

sandrakkc

1,014 posts

Posted by sandrakkc > 2020-08-11 11:03 | Report Abuse

We want to ride the bull, while having faith in this LOL

Bruce_ali

61 posts

Posted by Bruce_ali > 2020-08-11 17:58 | Report Abuse

relaks la.baru pullback sikit dah gelabah..chill2.mkland ni dia pun pullback lain macam tp volume kan sikit jer

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-08-11 21:39 | Report Abuse

Few months didn't drop by, still well supported.

MAX8186

69 posts

Posted by MAX8186 > 2020-08-11 21:39 | Report Abuse

I took profit today. Support very weak already. Volume also gone. Switched some to Ibhd and Maybank. Good luck, guys.

tkl88

8,712 posts

Posted by tkl88 > 2020-08-11 22:38 | Report Abuse

Wow, Amazing !
Oil price continue to spike up !

As at 10.25pm,
Nymex 42.62 ‪(+0.68) (+1.62%) !‬
Brent 45.52 ‪(+0.53) (+1.18%) !‬

Sniper86

516 posts

Posted by Sniper86 > 2020-08-11 22:49 | Report Abuse

Vol gone pun takpe, its going up phase by phase...it will be hovering around current level before testing new level so just chill..

sandrakkc

1,014 posts

Posted by sandrakkc > 2020-08-11 23:07 | Report Abuse

What has this counter gotta do with oil?

tkl88

8,712 posts

Posted by tkl88 > 2020-08-11 23:44 |

Post removed.Why?

nemesis

3,990 posts

Posted by nemesis > 2020-08-12 11:14 | Report Abuse

It is time to switch from Glove stocks to laggard Mkland...it is a real fundamental asset rich counter regardless of Covid or Not Covid...Why buy glove stocks tat is massively overvalued when u can find a super asset rich undervalued stock like MK...

Sales

3,272 posts

Posted by Sales > 2020-08-12 11:32 | Report Abuse

Only HLT we still can buy. Good fundamental. MKLAND FOR LONG TERM.

tkl88

8,712 posts

Posted by tkl88 > 2020-08-13 06:59 | Report Abuse

DJI=> 27,976.84 (+289.93) (+1.05%) !

sandrakkc

1,014 posts

Posted by sandrakkc > 2020-08-13 09:32 | Report Abuse

Would MKLAND be a target of privatisation given that its trading way below its NTA?

khtann

34 posts

Posted by khtann > 2020-08-13 15:47 | Report Abuse

coming ???

tkl88

8,712 posts

Posted by tkl88 > 2020-08-13 16:16 |

Post removed.Why?

tkl88

8,712 posts

Posted by tkl88 > 2020-08-13 17:10 | Report Abuse

Announce dividend of 2 cents per share ?

nemesis

3,990 posts

Posted by nemesis > 2020-08-13 21:07 | Report Abuse

Ini Kalilah!!! Tomolo we will see MK show towards 0.20, accumulation has been done, n selling has been overdone...to those who are still faithful to Mkland, the harvest is near in coming weeks...the fallen Shall rise again n the wounded dog will surely bark again!!! The Sleeping giant is awakened today...

sandrakkc

1,014 posts

Posted by sandrakkc > 2020-08-13 22:23 | Report Abuse

Nemesis, what would the TP be by end of month?

nemesis

3,990 posts

Posted by nemesis > 2020-08-13 23:40 | Report Abuse

I believe it can touch 0.20 by August end...Most penny stocks started to move...Mkland deserved to be rerated due to the fact tat it has plummeted steeply fm 0.30...even it its earning is slow n unattractive, we sure could use some sense to calculate its massive land value to know the huge discrepancy between value n its market price tat is clearly undervalued by us all...4th qtr result should improve supported by land sale n final dividend is expected to be 2 sen to my guesstimate...

nemesis

3,990 posts

Posted by nemesis > 2020-08-17 19:38 | Report Abuse

Let it drop so tat we can acquire more... Prepare for more downside soon...

nickyeo55

1,092 posts

Posted by nickyeo55 > 2020-08-17 21:53 | Report Abuse

Nemesis hope it will drop to 6 cents again so that u can collect more n I can collect a little bit again .

tkl88

8,712 posts

Posted by tkl88 > 2020-08-17 23:35 | Report Abuse

As at 11.35pm,
Nymex=> $42.55 ‪(+0.54) (+1.29%)‬
Brent=> $45.16 ‪(+0.36) (+0.80%)‬

nemesis

3,990 posts

Posted by nemesis > 2020-08-18 08:55 | Report Abuse

6 sen is impossible, maybe 12-13 sen is reasonable price to accumulate again

share2014

404 posts

Posted by share2014 > 2020-08-18 19:24 | Report Abuse

Good company with good dividend

Posted by GemenchehLawyer > 2020-08-19 16:42 | Report Abuse

This company any on hand projects?

nemesis

3,990 posts

Posted by nemesis > 2020-08-21 14:36 | Report Abuse

Several projects are ongoing such as Affordable house development in Bukit Beruntung, Meru Perdana, Simpang Pulai and Klebang Putra n Bukit Merah as well...Mkland is working on the next coming project in its jewel in the Crown Damansara Perdana land which is the most valuable of all...We are hopeful tat MK wil dispose its 98 acres of its undeveloped landbank in Setiawangsa KL tat could bring in at least 200 million to its balance sheet hence hefty dividend to Sholders...

nemesis

3,990 posts

Posted by nemesis > 2020-08-21 14:44 | Report Abuse

It is interesting to know tat even a plot of its 98 acres of its Setiawangsa land is more than its mkt capitalisation of 169 million currently, the rest of its remaining landbank is all FREE it is like u buy 1 plot of land BUT u are given free another 8 plots of land...it is surprising n unbelievable but tat is the truth...it is up to you to digest rationally...

Posted by GemenchehLawyer > 2020-08-21 19:18 | Report Abuse

Thanks for nemesis information. Very healthy company, can buy in on next week.

nemesis

3,990 posts

Posted by nemesis > 2020-08-22 08:36 | Report Abuse

In coming weeks it should rise as most property counters started to rise gradually n most loss making penny stocks already doubled n tripled in price...Mkland is next on the trading list as it is cheap...

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