MALAKOFF CORPORATION BERHAD

KLSE (MYR): MALAKOF (5264)

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Last Price

0.84

Today's Change

-0.01 (1.18%)

Day's Change

0.835 - 0.855

Trading Volume

3,238,800


9 people like this.

6,838 comment(s). Last comment by fruitcake 15 hours ago

Posted by localmotive > 2017-05-10 06:32 | Report Abuse

Buy when epf sells without any logic

ysy99999

400 posts

Posted by ysy99999 > 2017-05-11 21:37 | Report Abuse

if not mistaken malakof will raised up in this two month especially dont sell it n hold it untill up to RM 1.65

ysy99999

400 posts

Posted by ysy99999 > 2017-05-11 21:40 | Report Abuse

EPF still one of the largest shareholder.. maybe they need some money to buy other share .

ysy99999

400 posts

Posted by ysy99999 > 2017-05-11 21:43 | Report Abuse

malakof is long term investment not for short term ppl.. if ur r aggresive investor better buy hibiscus, Gdex, Dnex..

riko

2,727 posts

Posted by riko > 2017-05-12 20:12 | Report Abuse

epf first buy today from years selling.

astalavista

2,278 posts

Posted by astalavista > 2017-05-14 12:23 | Report Abuse

Finally..epf buying :)

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-05-14 12:28 | Report Abuse

I want to cry already
Sniff sniff...
:")

riko

2,727 posts

Posted by riko > 2017-05-14 19:02 | Report Abuse

week before report : 121-129

Wan444

25 posts

Posted by Wan444 > 2017-05-15 20:59 | Report Abuse

Hold

Posted by Nelson Lau > 2017-05-16 08:27 | Report Abuse

sell or hold, anyone can advise?

Posted by monkeyinvestor > 2017-05-16 12:15 | Report Abuse

collecting!

Posted by obinam1967 > 2017-05-16 12:26 | Report Abuse

Hold

smartly

6,441 posts

Posted by smartly > 2017-05-16 15:09 | Report Abuse

sapu.....

smartly

6,441 posts

Posted by smartly > 2017-05-16 15:09 | Report Abuse

drop so much liao....faster sapu....

Posted by chinloikhing > 2017-05-16 15:20 | Report Abuse

Why drop so much ar?

Posted by Nelson Lau > 2017-05-16 15:23 | Report Abuse

Still can keep dropped 1.17

ccllim78

40 posts

Posted by ccllim78 > 2017-05-16 15:24 | Report Abuse

EPF throw again. Next 2 days will up back.

Posted by Nelson Lau > 2017-05-16 15:32 | Report Abuse

cclim78 are you sure?

Posted by lowbuyhighsell > 2017-05-16 16:08 | Report Abuse

already queue 1.17 dont know can get it or not?

timss

565 posts

Posted by timss > 2017-05-16 19:12 | Report Abuse

The Quarter result is coming soon.. It is predicted to be a good one.. However, the share is keep dropping as the MGM does not impose share buy back mechanism. Thus, EPF is kept dumping with aims of buying back at anytime.

smartly

6,441 posts

Posted by smartly > 2017-05-16 19:18 | Report Abuse

epf is sapuing.....so better sapu...

Rowie

471 posts

Posted by Rowie > 2017-05-16 19:56 | Report Abuse

Some broker research mentioned that the results should show between 100-120m profit this qtr as kitchen sinking exercise already don last qtr. Hope it's true.

gcke

1,359 posts

Posted by gcke > 2017-05-16 20:14 | Report Abuse

1. Appearance of long black candle with big volume in the Technical Price Chart today.
2.Moving Average(MA) chart is trending down.
3.MACD line is below the Signal Line on the MACD chart.
4.Stock is now in the bearish zone as shown on the RSI chart.
All these factors collectively support on why the stock price trend downwards by 4.0 cents.
Expect the stock bearishness to continue for quite awhile because there is no positive catalyst to move or cause to move the stock to trend upwards.

Normally,the market can anticipate in advance how will the coming company QR be.It lead and moves ahead of the result announcement.Thepresent movement of the price trend and momentum possibly does not augur well for the company QR?

Thus in the immediate term do not expect the downtrend in price to reverse upwards.Just to share.

astalavista

2,278 posts

Posted by astalavista > 2017-05-16 20:25 | Report Abuse

Dropped again...haiz

Apa_Macam

207 posts

Posted by Apa_Macam > 2017-05-16 20:29 | Report Abuse

near to 52 week lowerst price liao. Still can drop to how much?
I just know observe one thing, when most indicator show bearish, price will up. When show bullish, it will down.
Operator banyak jahat.

Rowie

471 posts

Posted by Rowie > 2017-05-16 21:15 | Report Abuse

Very true on the technicals & the operator action

As far as I'm trading this stock, my view is the operator is EPF & KWSP with EPF selling using foreign broker code.

There is another player who has been collecting millions of shares at these levels but who do not need to disclose their hand. This is happening for the last couple of months. I believe within 3-6 months (perhaps sooner) we shall see a major rally upwards on some positive developments.

This may be the last leg downwards. Almost every broker has a buy call, the catalyst for the push perhaps is the upcoming quarterly results.

Keep fingers crossed.

Apa_Macam

207 posts

Posted by Apa_Macam > 2017-05-17 08:33 | Report Abuse

One more.... indicator all point to bearish but still seeing some big one supporting the price.
hmmm........ fishy... left right pocket or accumulating as much as it can.
Will know soon.

timss

565 posts

Posted by timss > 2017-05-17 09:31 | Report Abuse

The true story is share counters in Malaysia never reflect their actual value. As long as the institutional players are keen in a particular counter, the share price is well kept. Malakoff has lost one third of its listing price price.. What else could we expect? Truely, the company hasn't done much to safeguard the interest of the shareholders. Power generation in Malaysia is sort of a monopolised business- but still Malakoff isnt that rewarding for the shareholders..

miker

708 posts

Posted by miker > 2017-05-17 09:34 | Report Abuse

To go up, EPF need to stop disposing million millions. Till now, no sign EPF want to stop. EPF still have 11+% from 14+%.

timss

565 posts

Posted by timss > 2017-05-17 09:37 | Report Abuse

Very true... it is about the job done by EPF.. If the disposal does not cease, i dont think there is a chance for it shooting up..

Posted by helloworld123 > 2017-05-17 10:21 | Report Abuse

buy on weakness.

Rowie

471 posts

Posted by Rowie > 2017-05-17 10:42 | Report Abuse

The only way for EPF to stop selling is when thefinish selling another 600m shares or so.
That may take another year or 2.
Even with the dividend yield at about 5-6%, EPF still wants to sell.
If you trace back, the Company has been making money ever since it got listed but its of no consequence to EPF.
God only knows what is their investment cost

rooney8

227 posts

Posted by rooney8 > 2017-05-17 10:54 | Report Abuse

The stock price reflects well on how the company is doing. Its profit drops by 30% and hence the share price drops ~30% as well.
The dividend yield is only ~3+% as EPF bought at 1.8, not 1.2.
Who knows if EPF got better yield investment else well.
So, please stop bashing EPF for causing the price to drop.

timss

565 posts

Posted by timss > 2017-05-17 11:23 | Report Abuse

EPF is a well cash-rich entity. Why should it divert its investment by disposing the existing one at hefty loss? There are many unanswerable practices in Malaysia, even those holding power in government related investment arms are exempted from explaining the big loss incurred..

Rowie

471 posts

Posted by Rowie > 2017-05-17 11:36 | Report Abuse

so EPF's strategy is good
Buy HIGH sell LOW

rooney8

227 posts

Posted by rooney8 > 2017-05-17 13:17 | Report Abuse

LOL. So, you mean keep holding till end of the day? Like how Tabung Haji holds FGV/THHEAVY?
At the end of the day, EPF still making money and pay for our EPF interest consistently.
Managing huge money is different than retailers like us.

timss

565 posts

Posted by timss > 2017-05-17 13:28 | Report Abuse

If this is the case, EPF should not invested in Malakoff. As what I said earlier, the government-linked investment arm should deliberate the background and potential of the company which they invest. They cant just withdraw themselves at an unreasonable exit cost. It should be justifiable and pointless to say that there is a better prospect, thus jumping out from the boat. The EPF's role is for long-term investment as they handle people's monies.

On the other hand, the yield could be even higher if EPF manage the fund efficiently. It is pointless to claim that they made no mistakes with a constantly paid 5-6% dividend. Just look at the Temasek Singapore and use it as a yardstick to compare.

timss

565 posts

Posted by timss > 2017-05-17 13:32 | Report Abuse

The EPF's investment effort should be made transparent, accountable and creditable...

Posted by obinam1967 > 2017-05-17 13:54 | Report Abuse

The CEO of Malakoff is not doing a good job.

Rowie

471 posts

Posted by Rowie > 2017-05-17 14:30 | Report Abuse

Malakof is not a loss making Company so it's not a case of cutting losses unless EPF has prior knowledge & info that its going bankrupt

hipster

212 posts

Posted by hipster > 2017-05-17 14:40 | Report Abuse

epf is doing to malakoff what they did to maybank counter last year, hence the continue low price.
another interesting case, take a look at lafarge. epf disposing non-stop. price of lafarge is at historical low, so any price epf sell now is a guaranty loss. go figure :-)

timss

565 posts

Posted by timss > 2017-05-17 15:12 | Report Abuse

The rule of thumb is don't against the tide... We are ikan bilis...just try to get meagre profit out of opportunity...

Traderx

173 posts

Posted by Traderx > 2017-05-17 15:29 | Report Abuse

When is the QTR result expect to be out? 29 May?

chris78

120 posts

Posted by chris78 > 2017-05-17 16:07 | Report Abuse

How low it will drop?

Apa_Macam

207 posts

Posted by Apa_Macam > 2017-05-17 18:44 | Report Abuse

1.17 . Wakaka ...yesterday.

eatsmall

1,556 posts

Posted by eatsmall > 2017-05-18 10:14 | Report Abuse

EPF & KWAP push limit down...

sasword

1,167 posts

Posted by sasword > 2017-05-18 13:58 | Report Abuse

On the way to hexx

Posted by Raghu Nath Sharma > 2017-05-18 15:23 | Report Abuse

Malakof IPO price was 1.80 but it has never reached that price after the listing..

Orson Chin

2,079 posts

Posted by Orson Chin > 2017-05-18 20:31 | Report Abuse

U know la..... IPO set high high con ur money ma....
Melay company very smart 1 .....

smartly

6,441 posts

Posted by smartly > 2017-05-18 20:38 | Report Abuse

don't worry, epf is buying back. sapu.........

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