As the recent rally of the property counter such as Mahsing, UEMS, Ecoworld, SP Setia, iwcity and etc...People may forget about 'Malton'.
Bandar Malaysia had really let me recognised Malton as the share price had been hitting record nearly to 2.00 from the previous 80sen.
After the speculation of Bandar Malaysia, the share price of Malton had been trading at bearish zone.
Somehow, i believe that the share price of Malton will be perform much better in near future due to the few factors below:
1, The company is making a Profit in every quarter since 2016
2. Recent MArch'20 QR report is increase 12.1% against last year. For the last 9 months P&L, The net profit is 15.85 miilion (30.1% higher against previous.
3. EPS of 5.2sen and NTA 0f 1.76
4. On going development project: The park 2 residence(B.jalil), Duta park residence, Rapid city center and BAC Tower.
5. The unbilled project sales stood at RM1.1B. As for its contruction segment, the outstanding order book stood approximately RM800 million.
https://klse.i3investor.com/blogs/wwwtexmatcom/2020-06-04-story-h1508012412-Malton_6181_Time_to_awake.jsp
