MK LAND HOLDINGS BHD

KLSE (MYR): MKLAND (8893)

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Last Price

0.20

Today's Change

+0.01 (5.26%)

Day's Change

0.19 - 0.20

Trading Volume

690,100


22 people like this.

10,211 comment(s). Last comment by bullrun168 1 day ago

Elmerbaby

67 posts

Posted by Elmerbaby > 2020-08-28 11:55 | Report Abuse

decent counter, not that bad. but very low volume due no other activity (news report, announcement etc.) bar the QR. so price will mostly hover close to its pivot point.. for months. not the best for trading. maybe good for dividend play but then again, inconsistent dividend payout.

nemesis

3,990 posts

Posted by nemesis > 2020-08-28 18:36 | Report Abuse

More property companies joining the list of poor quarterly performance today latest being Mahsing, Malton and MCT...

tkl88

8,712 posts

Posted by tkl88 > 2020-08-29 07:50 | Report Abuse

Wow, Amazing !
Oil price continue to spike up !
Brent=> $45.87 ‪(+0.27) (+0.59 %) !‬

thesteward

6,781 posts

Posted by thesteward > 2020-08-30 20:50 | Report Abuse

Time for Mkland to move . Profit making n nta nearly rm1. Gosh so so undervalue

Sales

3,262 posts

Posted by Sales > 2020-09-01 16:31 | Report Abuse

Wow! MKLAND going up all the way......very soon will break 0.20sen. Hoe Sieh liow!!!

nemesis

3,990 posts

Posted by nemesis > 2020-09-01 16:40 | Report Abuse

Very strange at 4.26pm, a buyer acquired big chunk of MK shares for that split few seconds...Is it a sign tat it is starting to fly soon????

tkl88

8,712 posts

Posted by tkl88 > 2020-09-01 18:52 | Report Abuse

As at 6.45pm,
Nymex at => $43.11 (+0.50) (+1.17 %) !
Brent at => $45.86 (+0.58) (+1.28 %) !

shacarlos

348 posts

Posted by shacarlos > 2020-09-01 21:52 | Report Abuse

BUY.....!!!!!

tkl88

8,712 posts

Posted by tkl88 > 2020-09-01 23:03 | Report Abuse

As at 10.45pm,*
Nymex at => $43.37 (+0.76) (+1.78 %) !
Brent at => $46.17 (+0.89) (+1.97 %) !

tkl88

8,712 posts

Posted by tkl88 > 2020-09-02 08:05 | Report Abuse

Wow, Amazing !‬
‪Dow Jones closed at=>‬
28,645.66 (+215.61) (+0.76 percent) !

hawley318

55 posts

Posted by hawley318 > 2020-09-02 08:22 | Report Abuse

XOX all in!! limit up !!

nemesis

3,990 posts

Posted by nemesis > 2020-09-02 12:42 | Report Abuse

Mkland in accumulation phase...Once completed it will surely charge above 0.20 soon...

nemesis

3,990 posts

Posted by nemesis > 2020-09-02 12:43 | Report Abuse

2nd half we will see price uptrend towards 0.16 again later

tkl88

8,712 posts

Posted by tkl88 > 2020-09-02 17:08 | Report Abuse

Dow Jones continue it's bull run !
As at 4.57pm,
28,824.5 (+202.5) (+0.71 %) !

Kaizenzon

380 posts

Posted by Kaizenzon > 2020-09-02 20:54 | Report Abuse

Good they delevop a mixture of properties which are needed when the economy slowly reopen. The building of new township and a lot of basic facilities.

tkl88

8,712 posts

Posted by tkl88 > 2020-09-03 00:54 | Report Abuse

Wow, Fantastic !
As at 12.45am,
Dow Jones at=>28,898.26 (+252.60) (+0.88 %) !

tkl88

8,712 posts

Posted by tkl88 > 2020-09-03 07:37 | Report Abuse

Walaoeh, Dow Jones spike up 500 points,
Super bull is coming !

Dow Jones closed at=>
29,100.50 (+454.84) (+1.59 pcent) !

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-09-08 15:26 | Report Abuse

TP back to before dividend announcement around @0.08 back is quite unlikely unless another crash.

nemesis

3,990 posts

Posted by nemesis > 2020-09-08 16:08 | Report Abuse

It is time to accumulate on price weakness...

tkl88

8,712 posts

Posted by tkl88 > 2020-09-08 17:37 | Report Abuse

Will MKland announce another dividend of 1 cent per share ?

limkokthye

6,039 posts

Posted by limkokthye > 2020-09-08 19:59 | Report Abuse

property stock drop like shit

tkl88

8,712 posts

Posted by tkl88 > 2020-09-08 20:55 | Report Abuse

After gloves theme will be property theme...
Just wait & see...

limkokthye

6,039 posts

Posted by limkokthye > 2020-09-09 08:02 | Report Abuse

today sure big drop, us dju big drop

nemesis

3,990 posts

Posted by nemesis > 2020-09-09 11:58 | Report Abuse

It will rotate from euphoric overvalued glove theme to undervalued property theme soon...

limkokthye

6,039 posts

Posted by limkokthye > 2020-09-09 13:03 | Report Abuse

hard to push up

tkl88

8,712 posts

Posted by tkl88 > 2020-09-09 13:33 | Report Abuse

Hot monies from glove counters faster faster come in into undervalued property theme I.e MKland which owned a hugh valuable landbanks in prime locations !

tkl88

8,712 posts

Posted by tkl88 > 2020-09-09 16:16 | Report Abuse

Wow, Amazing !
Oil price already turn green and spike up like mad !

As at 4.15pm,
Nymex at => $37.52 (+0.76) (+2.07 %) !
Brent at => $46.17 (+0.62) (+1.56 %) !

nemesis

3,990 posts

Posted by nemesis > 2020-09-09 16:41 | Report Abuse

It is time to acquire Mkland as BNM is expected to cut OPR interest rate to all time low at 1.50% tomorrow...historic low interest rate is the major catalyst to spur property sector back to recovery soon...

tkl88

8,712 posts

Posted by tkl88 > 2020-09-09 17:20 | Report Abuse

BNM seen making final 25bps OPR cut as early as September — DBS
Chong Jin Hun / theedgemarkets.com
August 31, 2020 13:15 pm +08

KUALA LUMPUR (Aug 31): Bank Negara Malaysia (BNM) is expected to make one final 25 basis point (bps) cut in the Overnight Policy Rate (OPR) as early as in the central bank’s next Monetary Policy Committee (MPC) meeting on Sept 10, 2020 in anticipation of an arduous economic recovery path ahead, DBS Group said today.

DBS senior economist Irvin Seah and strategist Duncan Tan wrote in a note that there is room for further monetary easing to support economic growth in the coming months.

"Onshore IRS (interest rate swap) markets are pricing ~70-80% chance for one last BNM rate cut (25bps) of this easing cycle, either to occur at the Sept 10 or Nov 3 meeting. This would mean BNM hitting our estimate of the policy lower bound of 1.5%, by the end of the year.

"Note (that) BNM had cut the OPR by a total of 125bps year-to-date to 1.75% to complement the equally robust fiscal measures aimed at buffering the economy from the impact of the pandemic. But with growth surprising on the downside and an arduous recovery path ahead notwithstanding, there is room for further monetary easing to support growth in the coming months.

"As such, we now expect one final 25bps cut by BNM as early as in the forthcoming September meeting, to better align the risks in both inflation and growth,” Seah and Tan said.

According to them, Malaysia’s real gross domestic product (GDP) growth contracted by a sharp 17.1% in the second quarter of 2020 (2Q20) from a year earlier. In quarterly terms, they said 2Q20 GDP dropped 51.3% from 1Q20.

They said beyond the direct impact of the Covid-19 pandemic on the health front and strong external headwinds resulting from a slump in global demand, the implementation of Malaysia's Movement Control Order (MCO) to curb the spread of the pandemic is the main factor behind the 2Q20 growth downturn.

"The downside surprise in 2Q GDP growth has significantly lowered the growth trajectory for the full year. The anticipated turnaround in the third and fourth quarter may not be enough to offset the sharp second quarter decline.

"Headline GDP growth will remain stuck in negative territory for the rest of the year. We have thus lowered our 2020 full year GDP growth forecast to -5.5%, which is at the lower end of the official forecast range of -5.5% to - 3.5%, and the lowest since the Asian Financial Crisis, (during) which the economy contracted by 7.4% in 1998. However, with the low base this year and the global recovery that is currently underway, albeit slowly, we see (Malaysia’s) GDP growth rebounding to 6.0% in 2021,” they said.

Malaysia’s disinflationary pressure is seen building up and the nation’s negative output gap is seen widening amid recessionary economic conditions. Seah and Tan said today even though inflation, as measured by the consumer price index (CPI), has recovered to -1.3% in July, the headline number is expected to remain stuck in negative level for the rest of 2020.

Full year (2020) inflation is projected to average -1.1% before rebounding to 1.8% in 2021, they said.

Malaysia's MCO, which was initially scheduled between March 18 and 31, 2020, requires non-essential businesses to stop operations, while the public was ordered to stay at home to curb the Covid-19 outbreak.

On March 25, Prime Minister Tan Sri Muhyiddin Yassin said the government decided to extend the MCO until April 14, because updates from the National Security Council and the Health Ministry indicated an increase in Covid-19 cases.

On April 10, Muhyiddin said the government was extending the MCO until April 28.

On April 23, Muhyiddin said the MCO would be extended for another two weeks until May 12.

On May 4, news reports, quoting Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob, indicated that regulations under phase four of the MCO were null and void with the commencement of the conditional movement control order (CMCO) or phase five of the MCO.

On May 10, Muhyiddin said the CMCO would be extended to June 9.

On June 7, Muhyiddin said the CMCO scheduled to expire on June 9 will be replaced with the recovery movement control order (RMCO) beginning June 10 until today.

On Friday (Aug 28), news reports quoting Muhyiddin, reported that the RMCO has been extended until Dec 31, 2020.

tkl88

8,712 posts

Posted by tkl88 > 2020-09-09 17:22 | Report Abuse

Report: Bank Negara expected to reduce OPR to record low of 1.5%
FMT Reporters -September 8, 2020 6:14 PM

https://www.freemalaysiatoday.com/category/highlight/2020/09/08/report-bank-negara-expected-to-reduce-opr-to-record-low-of-1-5/

PETALING JAYA: Bank Negara Malaysia (BNM) will reduce its overnight policy rate (OPR) by a further 25 basis points (bps), say seven out of 13 economists polled by Reuters.

An announcement is expected following the central bank’s policy meeting on Thursday.

Such a move will also see the OPR reduced to a record low of 1.5%, with BNM having already delivered 125 bps of rate cuts this year. The last cut of 25 bps was announced on July 7.

The remaining six economists, however, believe that the current 1.75%, also a historic low, will be maintained.

According to the report, policymakers might have to balance the need to support a virus-hit economy with a pick-up in exports.

The country’s reliance on exports has seen the economy hit badly in the second quarter (Q2) of the year due to the fallout from the coronavirus pandemic.

However, exports have started to rebound in Q3.

“Even though a pick-up in exports should support manufacturing, the rest of the economy will continue to be under downward pressure,” Prakash Sakpal, Asia senior economist for ING told Reuters.

“Mining, construction and services were the worst-affected in Q2 and will remain so over the rest of the year,” he was quoted as saying.

He added that the increase in unemployment numbers was also hurting consumer spending.

Meanwhile, Malaysia’s exports rose for the second straight month in July. This was an increase of 3.1% from a year earlier, thanks to higher shipments of manufactured goods and agricultural commodities.

However, with unemployment rising to 5.1% in Q2 and consumer prices continuing to fall in July, the signs are that the Malaysian economy is still struggling.

nemesis

3,990 posts

Posted by nemesis > 2020-09-09 17:43 | Report Abuse

Property is slowly back to recovery...

tkl88

8,712 posts

Posted by tkl88 > 2020-09-09 18:14 | Report Abuse

Wow, Dow Jones Futures was super green !

As at 6.13pm,
Dow Jones Futures at=> 27,716.5 (+191.5) (+0.70 %) !

limkokthye

6,039 posts

Posted by limkokthye > 2020-09-09 20:05 | Report Abuse

mk land worth to buy at 5-8sen

tkl88

8,712 posts

Posted by tkl88 > 2020-09-10 06:49 | Report Abuse

Walaoeh, Dow Jones super bull run !‬

‪Dow Jones closed at=>‬ 27,940.47 (+439.58) (+1.60 %) !

limkokthye

6,039 posts

Posted by limkokthye > 2020-09-10 12:19 | Report Abuse

mk land any new project?

tkl88

8,712 posts

Posted by tkl88 > 2020-09-10 15:26 | Report Abuse

OPR maintain at 1.75 %
Tommorrow onwards KLSE will spike up liao !

BREAKING : Bank Negara Malaysia decides to maintain the Overnight Policy Rate (OPR) at 1.75%, citing improvement in economic activity

https://mobile.twitter.com/pelhambluefund/status/1303951728996278272?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Sales

3,262 posts

Posted by Sales > 2020-09-10 20:39 | Report Abuse

MKland is the most value stock. NTA RM0.99.

limkokthye

6,039 posts

Posted by limkokthye > 2020-09-10 21:08 | Report Abuse

dutaland also cheap

tkl88

8,712 posts

Posted by tkl88 > 2020-09-10 21:31 | Report Abuse

Will MKland announce 2 cents dividend per share soon ?

nemesis

3,990 posts

Posted by nemesis > 2020-09-14 17:43 | Report Abuse

Most probably will announce tis coming Oct...so take ur position now...

limkokthye

6,039 posts

Posted by limkokthye > 2020-09-14 22:11 | Report Abuse

mkland holland stock

bryson

20 posts

Posted by bryson > 2020-09-15 01:06 | Report Abuse

Rebound pls

khtann

34 posts

Posted by khtann > 2020-09-15 10:25 | Report Abuse

Hopeless counter

singkalin

522 posts

Posted by singkalin > 2020-09-15 11:12 | Report Abuse

Tidurlah sayang

Sales

3,262 posts

Posted by Sales > 2020-09-15 12:23 | Report Abuse

Hopefully can give dividend 0.01sen is good enough.

nemesis

3,990 posts

Posted by nemesis > 2020-09-15 15:27 | Report Abuse

2 sen at least for Final Dividend

limkokthye

6,039 posts

Posted by limkokthye > 2020-09-16 18:46 | Report Abuse

mk land should develope a new project, BANDAR PERIKATAN NASIONAL, sure can earn big money

nemesis

3,990 posts

Posted by nemesis > 2020-09-16 22:37 | Report Abuse

Hopefully Mkland secure a massive affordable housing project in Bandar Malaysia next year...

tkl88

8,712 posts

Posted by tkl88 > 2020-09-16 23:03 | Report Abuse

Don’t worry, if tommorrow you see Mkland’s share price is limit up, do not surprise, it might have housing development projects in Bandar Malaysia !

Huat ah ! Heng ah ! Ong ah !

nemesis

3,990 posts

Posted by nemesis > 2020-09-17 13:29 | Report Abuse

When limit up??? It has been a long time!

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