dying company. Better put your hard earn money in FD.

Strength of Kgb

1.First half net profit already RM 8million (2017 total RM12million) Coming quarter will stronger mostly can get each quarter RM5million to archive RM 18million whole year.
2.Strong balance sheet.Net cash position.
3.Cash for expanding to Carbon dioxide plant already ready, no need right issue. Something like sapura case would't happen.
4.In tandeem with growing of China semi-conductor industry, the contract will come non-stop until 2020.
5. Management said they share is undervalue
6. Next year is their 10th anniversary, big goodies like bonus or special dividend may come if dont have any bad happend.

The constraint may be lack of capacity to grab bigger in short term.

Biohldg agm summary
最近有点忙，就写重点,不好意思...

Q 1.Capex
A. This year will continue incur capex mainly for new factory set up at Pasir Raja and renovation of few existing factory. (Continue expand for capacity start from last year)

Q 2. Kindly explain and provide breakdown of 30million trade receivable issue which consist 20% of total asset. Kindly explain why the amount of long due trade receivable (refer to aging) is quite high and chance of become bad debt.
A. Among the Trade receivable consist big 10 customer from china and Indonesia. The customer have 5 to 10 years relationship with company. Low chance to become bad debt.

Q 3. Transfer to main board issue.
A. Management start to discuss with Hong leong Bank for the main board transferring. (They will announce if really transfer)

Q 4. Dividend issue
A. Company will slightly increase dividend payout since current stage still need fund to growth further.

Q 5 Grant income
A. Not direct impact to bottom line since the grant income in reimbursement basis and for R & D purposes

Q 6 Tax incentive
A.The farming side and manufacturing side still got respective tax incentive. Tax expenses will not high in these few years.

Q 7. Pharmacy retail business
A. Initial plan last year is commerce 30 outlets. Nevertheless, company manage operate up to 15 or 16 branch up to date. Plan to set up 3 more during this year.

Q 8. Farming progress
Total area of farm 1304 acres
Pasir Raja
Phase 1: 124 acres planted at 2015
Phase 2: 880 acres (Plan to fully planted this year)

Desaru
Phase 1:100 acres planted at 2015
Phase 2:200 acres (Fully planted this year)

The herb normally take 2 to 4 years to be harvest (depend what type;the fastest will be 3 to 6 months. The most longest period will be durian, coconut which require 4 to 6 years)

Around 200 acres herb can be harvest at 2018. Desaru farm will be start breakeven this year and Pasir Raja mostly will start breakeven next year second half.
Year 2020 will be the peak for the company for majority herb to be mature.

Q 9. Indonesia market status
A. There are two type of product line of Indonesia factory
1. Functional food- already success in registration all the products. Product start selling this year but profit contribution not high
2. Herb –Plan to get registered in next 3 months (Higher margin)

Q 10. China market
A. Quarter 1 china sales drop due to many festival such as CNY. The selling and distribution cost at china would not be high as the cost bear by distributor.

Q11. Nature disaster management for the farm
A.The location of farm is located at high hill, the herb would not will be affected. However, the road access to the farm will be flooded.

Q12. Growth prospect
A. Few big customer are under negotiation at current stage for the ODM segment.

I think now got android only. I am android user. Not sure

next quarter will be esos cost. beware ~~

http://www.investalks.com/forum/forum.php?mod=viewthread&tid=36693&page=1#pid3949681

Ni hsin AGM sharing

http://www.investalks.com/forum/forum.php?mod=viewthread&tid=36694&page=1#pid3949594

how high is high? nevertheless, enter now posting higher return with higher risk. U can buy little first, when drop only add more. It safer.

so fast? The music just started

year 2014 is where the reconstruction started. The increase in inventory can be expansion as well. The risk is always there for turnaround company.

month end

quarter report out soon... so excited

unreasonable high volume and low movement ...somethings brewing ?

cipapo, where gt miss the boat? the current still okay one. not like ifca which ald increase a lot.
I just dun want ur guys over optimistic only. read properly the quarter report. earn or loss money must be clear.

If you look through the cash flow statement, you can found that the expenses was huge compare to few quarter report previously .MBSB was expand quite aggressively on their business for example exploring O&G, oil palm loan and open new branch. I think the management is walk their talk by the way. MBSB also put too much effort on negotiation about the merge. That why the profit before tax is 87 million only for this quarter. In my opinion, this is just so so result can hold but not all in or buy huge amount. Think properly before invest your hard earn money into any stock.

but dont even ask me what is deferred tax, although I have accounting background and pass this topic with flying colour during the school day. It just something just make the account beautiful. no cash flow impact to company.

socaisocai, profit before tax of 87million will produce 393million of net profit and eps 14sen compare to previous quarter 269million produce 192 and eps about 7sen ...do you c any login? look deeper into report you can found they profit a lot due to taxation issue- deferred tax.

the high eps of 14sen is due to deferred tax and accounting treatment. never simply believe on the surface . Pls read between the line. Dividend 12 sen is just so so only. Profit remain the same and actually the eps is slightly decrease after factor in the dividend reinvest plan. Overall is just okay but share price of MBSB still may raise in short term if gt people"goreng " it, after one month will drop back if anything remain the same.

Guys, pls be rational. pls read this clause carefully. "In a statement to the local bourse, MBSB said it achieved an exceptional profit after tax of RM1 billion due to deferred tax assets recognition of RM366 million. "

This act is lack of credibility. Of course they can sell but not in such frequency and using their information power.

really dislike the mmsv management. Keep buy low sell high.

better hold 50% cash or more cash ...hedge this, hedge that, erm...not so efficient .

weak company..goreng only

Most of the people think that this is fake rebound.pessitism is stronger than optimism

what is deemed interest ???so big volume.

If u gt at least 10% in paper gain and can invest for midterm, I suggest you to hold until end of this end. My confident is backed by 6% DY, good business model, debt free, high ROE and big buy back of director(10% within half year).

50%up or down. reasonable reason for drop profit due to incur cost for other project,possible change to main board will lead people fry it. profit should only come in after next year.For those emphasis on fundamental should at least hold this week; those believe its growth and can hold long term can hold 2 more quarter. Just my 2 cent, I think I am the prior.

eh? how about the warrant bonus issue ? it is go for the same 1 bonus for very 5 warrant?

http://klse.i3investor.com/blogs/treasures/43399.jsp

correction and almost near to the TP 5.20...

2767, high possible after next 2 quarter if the corporate loan run well.

anyu, I think hupseng overvalue already, low DY 3%, high pe 20++.

scn, the director ald sapu two year ago. you try check and see.

The enter point is a bit risky now.However, 10 sen special dividend and bonus will be announced once the solid result of Q2 and Q 3 are out. Hold tight and enjoy the fruit of patient.

someone knew what is the price adjusted for MKH after bonus assume the price stood at rm 4.30?
WB is move slower than mother cos WB is not entitle for bonus and encounter price adjust at the same time.

Us market drop today, macro effect reduce buying appetide in bursa.

result good but lack of catalyst, nta 1.9(45% discount wth share price 1.05), DY 6% assume 6sen also this year, Pe <10. cash rich, 66sen per share, half price discount.strong cash flow, diversify business and good management. hopefully the waste water business will bring more $$ and increase divide to 8sen by this year.><

quite expensive. PE around 9 since profit 600,000k being dilute by 2,611,000k share (plus right issue). share price 2.14 divide EPS 0.23=9.3. option reinvest will further dilute the EPS in future. Good stock, but need time to growth.

something big gonna happen soon, just either up or down .

wow, 10sens interiem divide!!! 4% divide yield.mkh really earn a lot wor. more than my expectation of 8sen.

6% D/Y yield. good counter wad. It good for long hold