Good news that Datuk P Kasi has brought in Mr Yeong Weng Keong into the new BOD of MK Land and this clearly shows that Datuk P Kasi is coming back into MK Land and he is still interested to participate more. Keep up the good works P Kasi. Together we bring MK Land shares back to the previous glory of above 30 sen at least. Bravo. Thank you. Clap. Clap. Clap.
Once vaccination has started to roll, Mkland and all other property counters tat have been battered will start light at the end of the tunnel...Ptoperty has been so far the most underperformed index in Bursa...things will surely turnaround for most undervalued property companies soon...It is time to chase property stocks...
Property sector is on the path riding the recovery theme betting on economic recovery this year...we are looking at 1 sen interim dividend maybe next mth...at 0.16 it delivers a dividend yield of more than 6% beating EPF historical returns...BUY with unchanged target price of 0.30
No particular sector is down forever!!!! We have seen property down cycle for nearly 8 years...What could be next is property share prices recovery as share price wil always move 6 mths ahead of real economy...The vaccination should gradually lift up confidence once again and more developers wil launch new products soon...Mkland has stay put and delayed new launching to cut cost n minimise risks...
Mkland is coming back slowly and steadily...H2 2021 we wil see revival of the property sector and all property counters especially MK wil surely rise back like how most Glove counters risen last year with with renewed optimism...Buy before tat moment of glory becomes a reality...never forget tat interim dividend of 1 sen nxt mth
MK is coming testing 0.20 soon as Covid cases decreased and more sectors allowed to open back and Vaccination rolling soon...this should spur optimism back to property sector...
Volume and momentum picking up again... Calling all comrades here to lift up this undervalued gem to its fair value above 0.30 riding the recovery theme once vaccination begins
The year of the OX will mark the beginning of Property Recovery...the great storm tat has crippled most property companies for years will soon be over...i maintain my target price for Mkland at 0.30-0.50 when sentiments turn bullish for property sector...
Nemesis - Go buy other stocks. You can make money faster than this. I bought MKLAND approx 0.35 back in Oct 2015. Sold at 0.13 in Apr 2020. Used that to buy ASIAPLY, DUFU, PTRANS. Made my money back and then some. No point waiting this long, no matter how good the stock is. i waited 5 years. Absolute waste of time.
Science, Technology and Innovation Minister Khairy Jamaluddin, who gave the latest update, said Prime Minister Tan Sri Muhyiddin Yassin would set the ball rolling by being the first to be vaccinated at Klinik Kesihatan Putrajaya after chairing the Cabinet meeting on Wednesday.....
KUALA LUMPUR: The country’s economy is expected to show a positive development by the middle of this year once the National Covid-19 Immunisation Programme, which begins on Wednesday, gathers momentum, an economist said. Malaysian Academy of Sciences fellow Datuk Dr Madeline Berma said economists predicted that Malaysia would be able to revive its economy starting in the third quarter of this year, depending on the smooth implementation of the vaccination programmes
.“This is in line with the forecast issued by the Economic Planning Unit which expects the country’s economy to recover around 4.5 to 5.0%, ” she said in a special coverage of the first batch of Covid-19 vaccines arrival to Malaysia on BernamaTV on yesterday. Madeline said the services sector was one of the sectors that needed to be given priority in the vaccination programme, besides the manufacturing sector to help increase production rates.
She hopes with the national immunisation programmme underway, the country’s tourism and export sectors could also be mobilised again to open more economic opportunities for industry players. “The country’s tourism and export sectors have been badly affected by the closure of national borders since the Movement Control Order was imposed, ” she said.
Mkland sells Setiawangsa land for a total cash consideration of 108.7 mil...and expected to gain ard 40 mil after cost deduction and tax...Dividend is quaranteed to be ongoing for few years to come for sure as its cashflow strengthen with this disposal...Next week it should breakout above 0.20...Pls wake up all my comrades here next week we ramp this stock upPP!!!
The Disposal Consideration is expected to be utilised by the Group in the following manner:
Working capital for the Group -31.3m Corporate Tax -12.5m Estimated incidental expenses related to the Disposal -5.4m Development expenses for on-going and future projects -59.6m
They won't disclose dividend payment here and dividend should derived from working capital...at least 1 sen is quaranteed every year... As they still have excess from past disposal to Frank dividend continuously...Who knows we might get total of 2 sen this year...
The good news is they wil have extra 108 mil injected to the balance sheet and this fund can ease any financial burden caused by the pandemic without calling for Right Issues...Mkland always have the tendency to return back to Sholders after land disposal in the form of Dividend based on past record...
Mkland Show Time today!!!!! ...2nd Quarterly is quite resilient despite pandemic disruption combined with the coming 40 mil net gain of Setiawangsa land disposal is set to return mkland to better financial position to resume continuous dividend...it is proven tis Pandemic failed to knock down MK to losses when most property companies reported poor financial results...So far MK to my analysis, still the most undervalued property company due to its massive ownership of land n building assets....
Relax X....It wil come soon but weak holders must be put in quarantine first before it can stage a breakout...weak holders have to be sniped out first...0.30 is within reach with 1 sen interim dividend soon
1st breakout erupted last Friday n consolidated...2nd breakout to resume tomorrow onward to test 0.20 resistance level toward 0.23 level soon...Strong Buy Signal indicated!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
meadow1628
1,084 posts
Posted by meadow1628 > 2021-02-02 18:29 |
Post removed.Why?