Posted by Best Stocks > 2014-04-18 22:54 | Report Abuse

No money to buy property or land? How about MKLAND with lots of land in Malaysia? Why MKLAND is worth to keep in your BUY list? Maybe I am stupid and innocent, but annual report 2013 stated: (page 116-123) 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!!! So, grab your calculator and do your own calculation now. 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 44.5 sen. MK Land currently has some 2,023ha with a book value of RM1billion (RM1000 Million). This is the value before development, after develop how much it will be?? Great Deal !!! “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,” said Lau. 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.While the company has since cleaned up and posted profits every year since 2008, the issues of the past still persist. If you believe Feng Shui, MKLAND is a GOOD BUY!! They already repositioning themselves since 2008 and getting better year by year!! Bad luck before last 6 years is OVER, what is COMING SOON?? You decide!! If you hate Feng Shui, please trust your own calculation, read their annual report to confirm how many land and property they have on hand now. GO GO GO !!!! MKLAND share is merely RM0.445 =RM445.00 per lot. What you waiting for?? FACEBOOK : beststocks118@gmail.com