1st of all, you do know that maliken's atks do splash dmg in his ulti form right? SPLASH DAMAGE!!! RANGED SPLASH IS HUGE! SIEGE TANKS!?
That being said, every team fight you should be in your ult form.
-ranged carries are greater than melee carries in the fact that they don't have to be moving to deal damage in a team fight, thus increasing the damage done throughout the fight.
-being ranged gives you better positioning potential.
250 GPM FOR 30 MINUTES = 7500 gold. which is steamboots (1500) + whispering helm (2000) + shrunken (4000).
You wont take over the game with 250 gpm, but you will have a huge presence in the team fight with these items at this time (30 minutes in).
SHOOT FOR THESE GOALS IN FARMING.
-20 creep kills by 5 minutes (this is 1/2 of the creeps)
this will put you at steam boots around 7 mins
-total of 40-50 creep kills by 10 minutes.
around this time you should be buying your first piece of your helm. (which ever piece you want first.)
-Finish helm by 15 minutes.
once helm is finished you are able to farm neutral camps easily.
This is the point where your gpm begins to grow quickly.
These are some tips for maximizing farm with maliken.
-LOOK AT THE CLOCK CONSTANTLY! you will live by the clock.
Stack time is (53-56) every minute.
If you are not going to kill your current creep camp by 40 seconds on the current minute then pull the camp outside the spawn point and kill it there. (making sure the corpse dies outside the spawn place)
As said earlier, dominate a creep (my fav is the ranged skely), hot key him to 2 (1 is courier) and let him chill by the ancients until its time to stack.
Use your sword throw while jungling. to do this most efficiently attack each creep until it has about 200 hp remaining. then use your sword throw to throw through your camp, killing all creeps that were at 200 hp, then hitting the next camp with the tip of the sword throw and teleporting to the sword at the new spawn.
(i.e damaging 2 nuetral camps and cutting walking time to 0)
I'll go ahead and jump in on this to add my perspective and rehash a lot of what has already been said here.
IMO as a malikan your item build really revolves around your W and E skills. So everytime I go to buy an item I have to ask myself which one of these will benefit my built in passives the most.
For your W the best results are going to be given by having increased attack speed. Your E already does a wonderful job of this but more never hurts. The higher your attack speed the more often your W is getting applied to enemy heroes. This can make malikan deceptively hard to kill near the end of the teamfight when he is in red hp but has monstrous regen due to the green sword and your whispering helm.
For your E the best results are going to be given by stacking Str/HP items. Being able to get that +100 attack speed buff gives Malikan possibly the highest attack speed in the game. The downside obviously is that you must be at 70% HP or below. Having 1.5k HP is fine but if you can get it to 2.5k or higher than you can sit at max attack speed while being much less vulnerable to getting instantly picked off by the enemy burst heroes.
What that really boils down to is that you want to look towards attack speed items and survivability items for malikan. This is the reason that you will occasionally see a player do something like buy multiple steamboots. The item provides a fairly cheap easy build up while giving him both attack speed and 10 strength.
So for your choice of items you really want to think carefully. EP CAN be an okay item if you already have a SH and are not in danger of getting nuked down instantly. The Extra attack speed benefits him and the increased damage taken can actually help get you into maximum attack speed zone faster, however, the benefits of whispering helm typically make it a better choice for several reasons. 1. Increases survivability rather than decrease it. 2. You rarely if ever are going to rush a SH before getting your attack modifier which is the only area where EP can actually be potentially more useful. 3. the ability to dominate a creep and then stack ancient camps is truly powerful, every 3 minutes you can go kill a triple stacked ancient camp netting you around 1k gold which is most of another item in many cases by itself(I know this can be difficult to remember/pull off, but mastering it will drastically increase your ability to carry. 4. The fact that you can upgrade WH into a symbol of rage if the game goes on long enough is pretty huge. This item has practically everything you would want for malikan damage, tons of HP, armor, and an activated ability that is nothing short of amazing.
The above points can mostly be applied the the Shield breaker as well. In short it would definitely not be a bad item for him but most people would still consider WH superior.
For the basher as most people have said above this item really doesn't get very good usage when you are in ultimate form. On top of that if you look at what it provides in terms of bonuses there is pretty much nothing for attack speed or survivability. Instead of basher your best bet is really a SH or demonic breastplate. SH gives you a little bit of HP and the magic immunity means you cannot be nuked down or stunned to stop your constant HP regen. Demonic is an all around great item for Mal as it gives another huge attack speed bonus on top of providing a sizeable amount of armor and increasing your own damage through the -5armor debuff aura.
Hope that helps clear things up when you are trying to decide what items to buy.
Well I was and two friends on MM and other aviation 3 friends on the other team ... he guesses all cartoons of the rampage and still warns his team who the hell in charge, and when you buy in the blink he uses PK fog giving stun allyados mine