Posted by nickyeo55 > 2015-06-27 20:59 | Report Abuse

haha who can predict that focal can become more than $4 when it can be as low as 8 cents ?
FOCAL now call ecoworld

Posted by nemesis > 2015-06-27 22:22 | Report Abuse

Focal is one in a million...mkland doesn't 've the right ingredient or catalyst to propel to that kind of high price...it doesn't 've competent management, doesn't 've aggressive launching, doesn't 've predator wanna takeover it...So stop dreaming Nick...pls wake up don dream on...NO WAY!

Posted by nickyeo55 > 2015-06-29 10:28 | Report Abuse

Morning Nemesis now u become MKLAND specialist already.

Posted by nemesis > 2015-06-29 15:54 | Report Abuse

Bought some at 0.380 today..very satisfied with the price I paid today compared to 0.44 paid 2 months ago

Posted by nemesis > 2015-06-29 15:57 | Report Abuse

Might come down coming days...get ready to attack at the sound of tanks n missile

Posted by nemesis > 2015-07-02 22:54 | Report Abuse

Shit! Price rebound...I thought it is coming down more...

Posted by nemesis > 2015-07-02 22:57 | Report Abuse

Watch out for 2nd interim I sen dividend will be declared next week...payment date in August.

Posted by kktom > 2015-07-10 14:20 | Report Abuse

I don't think there is another dividend.Save for the rainy days.

Posted by nemesis > 2015-07-10 16:58 | Report Abuse

Don jump to the conclusion too soon..wait for another 1 more week n u will be surprised...1 cent dividend

Posted by hng33 > 2015-07-13 18:17 | Report Abuse

Bought MK land at 37.5sen

Posted by financialanalyst18 > 2015-07-17 22:46 | Report Abuse

MK Land (BUY) - The Value Of Land
Stock Name: MKLAND
Company Name: MK LAND HOLDINGS BHD
Research House: PUBLIC BANK Price Call: BUY Target Price: 0.80

MK Land's fall from grace was due to years of earnings disappointments and bad press from poor workmanships, LAD issues and frequent change of management. In the heydays, MK Land's market capitalization was higher than RM4bn before it collapsed to current sub-RM400m level. However, MK Land, in our view deserves to be back on investors' radar again with its huge landbank in Damansara Perdana, earnings improvements, and stronger balance sheet post the 3-year turnaround stage announced in 2008.
• MK Land's main landbank include 170 acres of undeveloped net land in Damansara Perdana and 55acres in Setiawangsa, Kuala Lumpur. On our estimates, these plots of land alone should be worth at least RM1.6bn as compared to its market cap of RM360m.

• Main launches target for CY2012 are new phases of its maiden landed properties, Semi-Ds in Rafflesia, which has a total 454 units or combined GDV of RM1bn (ASP RM600psf, 160 units sold so far), 2 remaining condominium blocks in Metropolitan Sq with RM200m GDV (ASP RM500psf, 444 units) and clearing the remaining inventories in Armanee Terrrace (ASP RM385psf,100units). Unbilled sales are c.RM500m.

• We value MK Land at RM0.80, c.50% of its RNAV estimate of RM1.56. The stock is currently trading at a steep discount even to its book value (c.61%), suggesting investors are still skeptical. We believe MK Land, the largest landowner near TTDI-LDP interchange could see its land prices increase further with the completion of more commercial projects, especially by the Empire Mammoth Group which has spent more than RM600m on land acquisition alone in Damansara Perdana.

Source: PublicInvest Research Research

Posted by financialanalyst18 > 2015-07-17 22:47 | Report Abuse

MK LAND BHD Total Land Bank :
2023.4 Hectare (5000 Acre)

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Posted by financialanalyst18 > 2015-07-17 22:48 | Report Abuse

MK Land Bhd

Public investResearch
TARGET PRICE : 80 SEN

MK Land delivered a decent performance in Q3FY15,
after registering a net profit of RM15.7 mil (0% year-on-
year [yoy], +18.9 quarter-on-quarter [qoq]). The earnings
were again driven by property sales from its flagship
development, Damansara Perdana, and its project in
Meru, Perak. To recap, MK Land is expected to launch a
project in Damansara Perdana this year to replenish the
waning unbilled sales, which are now at RM300 mil, due
to the lack of launches and slow sales of existing project,
ie Rafflesia. The project to be unveiled is said to have a
gross development value (GDV) in excess of RM200 mil
(average selling prices: RM700 psf).

No indication yet is given as for the timing of the
launch due to the difficult trading environment currently.
The group has also planned to unveil a 2.8ha develop-
ment in Damansara Damai and a 6.8ha development
(three phases, RM500 mil [current] GDV) in Damansara
Perdana in the near term. Maintain buy and a target
price of 80 sen. The new catalyst in our view will come
from launching more projects, especially at Damansara
Perdana to maximise returns from its prime landbank.

SOURCE : FOCUS

Posted by financialanalyst18 > 2015-07-21 14:48 | Report Abuse

MK Land - JV To Develop 11.8-acre Land
Date: 04/02/2015
Source : PUBLIC BANK
Stock : MKLAND
Price Target: 0.80 | Price Call: BUY
Last Price: 0.375 | Upside/Downside: +0.425 (113.33%)

________________________________________

MK Land signed a joint-venture agreement with Mammoth Empire Land SB (a wholly-owned subsidiary of Mammoth Empire Holding SB, the developer of Empire Damansara and Empire City) to develop a leasehold land measuring 11.8 acres. The land, we believe, is located within the Group's flagship development, Damansara Perdana. No change to our earnings estimates pending more clarifications from the Management.

The land, which is made up of a few parcels of land, are said to be located in Mukim Sungai Buloh, Selangor. The land is currently vacant and the category of land use is residential. We understand that MK Land and the JV partner would change the land use into a mixed development. The JV partner will be responsible for approvals, sales and marketing, construction and development works, among other things.

The development period is expected to be six years.
Land cost of RM82.1m, RM160 psf is 39% higher than the RM115 psf that Mammoth Empire paid for 48.7 acres back in 2010 but was lower than the similar land deal that was transacted at RM200psf (9.6 acres) in April 2013. That said, MK Land could potentially receive higher land price as it is entitled to 22% of the gross development value or minimum of RM82.1m.

Maintain Outperform and TP of RM0.80 or 50% discount of our RNAV estimate. The next catalyst in our view will come from launching more projects, especially at their crown jewel, Damansara Perdana to maximize returns from the Group's prime landbank. The latest land deal is expected to strengthen the balance sheet further, and hence potentially more cash dividends for shareholders.

Source: PublicInvest Research - 4 Feb 2015

Posted by nemesis > 2015-07-21 15:24 | Report Abuse

Mkland is back...It seems tat they are holding back 2nd interim dividend...So for final dividend we should get 2 cents by year end making it a total of 3 cents for financial year 2015...

Posted by sarariman > 2015-07-21 15:34 | Report Abuse

:)) just keep accumulating

Posted by nemesis > 2015-07-21 19:52 | Report Abuse

RECOMMENDED SELL with a target price of 0.35 due to longer delay of its upcoming launches while it's unbilled sales declining fast...it could hurt 2016 earnings and dividend as well thanks to the property slowdown and poor sales...

Posted by Josh Ong > 2015-07-21 21:33 | Report Abuse

Nemesis? buy or sell ? lol...

Posted by nemesis > 2015-07-21 22:39 | Report Abuse

SELL

Posted by nickyeo55 > 2015-07-22 01:17 | Report Abuse

so nemesis how much have u sold already ? at what price ?
i thought u want to lock it up inside the safe n wait for 15 years ?
Nemesis your target price to sell is 0.35 cents ? u r so kind to sell at a discount . U can sell it to me lah.
G9

Posted by nemesis > 2015-07-22 02:01 | Report Abuse

CAN'T wait tat long as there are better stocks out there faster than Mkland...Till now I 've not heard any of their proposed launchings so I guess it is yet another Big Talk with No Action...everything is so slow wit Mkland

Posted by nemesis > 2015-07-22 02:04 | Report Abuse

Hopeless!

Posted by nickyeo55 > 2015-07-22 09:25 | Report Abuse

nemesis so r u selling today ? price above 0.35 cents now ?

Posted by nemesis > 2015-07-22 10:47 | Report Abuse

I won't be selling just that I will stop buying...will concentrate with other better stocks...MK just wasting my time...

Posted by Jacob Lim > 2015-07-22 14:46 | Report Abuse

coma stock..

Posted by nemesis > 2015-07-22 16:24 | Report Abuse

What a trash it is

Posted by financialanalyst18 > 2015-07-22 20:47 | Report Abuse

Why MKLAND is worth to keep in your BUY list?

Total land they have about 5000 acres in whole Malaysia, this is not including office suite, Bukit Merah Themepark & hotel, service apartment, Bukit Jana Gold Club in Taiping and shop lots. If you try to add up all the land and property they have, total is about 5806 acres. Wow!! Read Carefully is about 5806 acres. If they not interested to develop some of the land, they might just sell it with good price!!!

See what we have from the MKLAND group CEO office Lau Shu Chuan
MK Land's developments have a revised net asset value of some RM2, and this is a huge discount to its share price of approximately 38 sen. MK Land currently has some 2,023ha with a book value of RM1billion (RM1000 Million) and most of the land is according to previous purchased price. This is the value before development, after develop how much it will be?? Great Deal!!!

“We are close to selling some of our land. We have identified the land for sale in Perak, in Damansara Damai and another plot of land in the Klang Valley.“From the proceeds, we will use some for debt and some for working capital. From there, we can also increase dividends to our shareholders,” said said group chief executive officer Lau Shu Chuan.
As of 31March, 2015, MK Land had total borrowings (long term & short term debt) of RM76.587mil. It has cash and cash equivalents of RM170.32mil.

MK Land currently has some 2,023ha with a book value of RM1bil, with some 1,214ha of that in Perak.

Currently, MK Land still has some 101ha of undeveloped land in its flagship Damansara Perdana, where it plans to develop condominium villas, commercial developments and bungalow lots.MK Land's developments have a revised net asset value of some RM2, and this is a huge discount to its share price of approximately 38 sen.

“It is more of a reputational issue we suffer from. We have been in the black and recording growth in the last few years. All our launches are completed ahead of schedule. In fact all our legacy issues have been resolved,” Lau said.

Back in 2008, MK Land was facing one of its most challenging periods. It was during that financial period that it posted its first-ever net loss of RM60.9mil.The company suffered from serious cashflow problems and was not able to service its bonds on time. Work on its projects also came to a halt. While the company has since cleaned up and posted profits every year since 2008, the issues of the past still persist.

Posted by daizan55 > 2015-07-23 11:46 | Report Abuse

That's why it is important to diversify. My Mitra doing well. My Mkland, i can wait for it to turnaround

Posted by nemesis > 2015-07-23 12:00 | Report Abuse

Wow why suddenly u all keep on promoting tis Mkland when its share price isn't moving at all? It is totally dead...ppl are not interested at all to hear about property stocks.

Posted by daizan55 > 2015-07-23 12:20 | Report Abuse

Nemesis, CMSB and Mitra in my property development and construction portfolio are doing well. Only Mkland is a bit laggard for now. Maybe lack of catalysts even though it is cheap now?

Posted by nemesis > 2015-07-23 14:01 | Report Abuse

Because their upcoming launchings in DP slow to get approval...besides properties are getting overcharged...tat is why no dividend is declared at current term which is quite disappointing...

Posted by Lewis Lee > 2015-07-23 17:20 | Report Abuse

This counter you supposed to buy and keep in your freezer and can only dig it out 5 years later and will be shock to learn that you make huge percentage of gain 1000% and beat 99% of the day traders/ punters who might already be wiped out by the syndicates !! hahaha

Posted by kktom > 2015-07-23 17:27 | Report Abuse

I have a feeling that the major shareholder slowly take up the share by push up a litter n press down the price make some profit.By playing in that way they will not pay a cents for holding a single share.Which means they have no cost at all or litter cost to buy up he company.
As to the small shareholder make no money from here.

Posted by financialanalyst18 > 2015-07-23 21:46 | Report Abuse

Friday June 13, 2014 9:23:00 AM
Public Invest Research: MK Land plans RM1b projects

KUALA LUMPUR: Public Invest Research said MK Land plans to launch a few projects in Damansara Damai and Damansara Perdana in Selangor with combined gross development value (GDV) of more than RM1bil.

It said on Friday that MK Land’s management revealed the group was still working on launching a few projects in the two areas.

MK Land’s unbilled sales remained at RM300mil.
“We understand that the land sale of its 9.6 acres land in Damansara Perdana dated April 2013 will be recognised in 4QFY14.

Public Invest Research said MK Land was targeting to complete the structures by end-2014, and expecting liquidated and ascertained damages (LAD) in the tune of RM20mil, which will be recognized in the next few quarters.

“Maintain Outperform and target price of 80 sen or 50% discount of its RNAV estimate of RM1.67 (from RM1.56 after updating the balance sheet items and recent land disposal),” said the research house.

Posted by nemesis > 2015-07-24 01:10 | Report Abuse

Tis target price I 've heard ages long ago...furthermore these articles also outdated...

Posted by daizan55 > 2015-07-24 14:58 | Report Abuse

seems like got a bit turnaround today

Posted by Lewis Lee > 2015-07-25 12:33 | Report Abuse

volume increase !! syndicates targeting penny stocks recently !
Could be next counter to be goreng-ed !

Posted by Lewis Lee > 2015-07-25 12:36 | Report Abuse

yesterday could be syndicates collecting or creating false volume and giving signals to retailers to jump in !!

Posted by Lewis Lee > 2015-07-25 12:37 | Report Abuse

Nemesis, sit tight ! I guess next few weeks could be interesting for this counter !!

Posted by nemesis > 2015-07-25 16:00 | Report Abuse

Are u sure Lewis? Ever since they didn't declare dividend tis month, I'm totally pissed off with MK...Whatever it is I 've given uP hope on Mkland....it is the worst performing stock in the history of Bursa or Klse...Go to hell

Posted by nickyeo55 > 2015-07-26 13:46 | Report Abuse

Mr Nemesis then why dont u suggest to change SOME MORE KEY PERSON since THEY cannot improve the performance of MKLAND ? Any way i had spoken to Mr Lau during the last AGM , he looks n talk very promising .

Posted by nickyeo55 > 2015-07-26 13:49 | Report Abuse

haha nemesis i know we have no power to suggest anything . Why dont u organize a group for the minority share holder to fight for our benefit. Nemesis i guess u r a major share holder since u keep on purchasing all this time.

Posted by nemesis > 2015-07-26 18:16 | Report Abuse

IF I m Mr Lau...I will sell all the land and return back the money to all shareholders and then close and then delist it...I don understand why they are so slow while other developers are launching aggressively...property boom they missed it, now market slowdown only they wanna plan tis plan that some more so much of delay only BIG TALK only without any concrete action...if like tat I also know how to run it maybe much more better than them...

Posted by Lewis Lee > 2015-07-26 22:15 | Report Abuse

I think the minority can gang up and write a letter to major shareholder Mustapha to change the CEO !
This is basic rule in corporate world :- if your CEO can't perform or incompetent, please sack them ! get a young and vibrant CEO who might have more corporate activities in order to add value to their valuable lands !! They have so huge land in Damansara, can easily sell or JV with prominent developers to realize value !!
Mr Lau is too conservative and good in talking cocks and slow in action !
I think Nemesis can do a much better job as CEO than this Lau-sy Lau !!!!

Posted by nemesis > 2015-07-26 22:43 | Report Abuse

I GUESS I m the best n MOST qualified person to replace Mr Lau hahaaaa! IF I m the CEO inside I would declare at least 6-8cent dividend per annum to reward all u whole bunch of Mk supporters...besides tat I will team up wit fund managers to ramp up Mkland to 1.00...I will also exercise aggressive share buyback and acquire more shares fm the open market...I would also joint venture with empire mammoth to develop damansara perdana into a great city...U see ALL these things tat I mention they 've never done it in the past not even now...Just imagine a big company like Mkland which owns the largest landbank in Damansara perdana only worth 0.39 per share...tat is very shameful and weak! WHAT has gone wrong here? Other predators should ve just swallow n take over it with just small amount of money...

Posted by nemesis > 2015-07-26 23:27 | Report Abuse

When u buy property it is location, location, location...In a company,its management is the backbone of its future success...A wise, prudent and intelligent director can even turn a rubbish n loss making company into great success n spectacular performance while unwise, unintelligent directors can even plunge a great company into bankruptcy...Management is the most important factor tat directs a company into either greater height or financial Armageddon...Just look at Mahsing how they 've grown fm a humble beginning to financial height today...It is its management tat contributes to its great success, as simple as tat!

Posted by nickyeo55 > 2015-07-27 01:57 | Report Abuse

Lewis n nemesis
i think we can seriously think of forming a group for the minority shareholder to be headed by both of u. As i mention earlier we the minority shareholder can easily add up n become top 5 or at least top six in the top 20 major shareholder.
Personally i think MKLAND management n those top gun employ by the company are too not aggressive n they r all satisfy with the present situation. If the MANAGEMENT only think of selling land to generate profit i suggest we put a robot to replace him.
G9

Posted by nemesis > 2015-07-27 02:09 | Report Abuse

Well said

Posted by nickyeo55 > 2015-07-27 08:55 | Report Abuse

Good Morning to everyone.Hopefully today there is a change in trend for MKLAND .

Posted by daizan55 > 2015-07-27 09:39 | Report Abuse

looks like got some action today