http://jakartaglobe.id/business/indonesia-q1-gdp-growth-edges-higher-exports/
http://jakartaglobe.id/economy/q1-result-shows-engines-running-indonesian-economy-sri-mulyani/

Morning! https://www.bloomberg.com/news/articles/2017-05-04/indonesia-s-still-a-darling-for-investors-shrugging-off-earnings

Today last trading day before ex tomorrow. Happy investing guys!

Fundamental in the world largest producer of CPO.
https://gapki.id/wp-content/uploads/2017/04/INA-PALM-OIL-STATISTICS-FEB-2017-.jpg
https://gapki.id/wp-content/uploads/2017/03/INA-PALM-OIL-EXPORT-PROFILE-JAN-2017.jpg

Look at UP latest quarterly results the Q1 2017 realised CPO price was 2,855/ton compared to 1,913/ton in Q1 2016. What an increase!

MKH should do share buy-back so all shareholders can benefit.
The market value gap between MKH and Matrix is widening!

MD bought 100,000 warrants at 1.03!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5408173

Holders of MKH Warrants who wish to be entitled to the Rights with Bonus Issue should exercise their MKH Warrants by lodging their duly completed exercise forms together with the subscription monies with the share registrar on or before 5:00 p.m. on 21 April 2017 for their names to appear on the Record of Depositors at 5:00 p.m. on the Entitlement Date.

https://www.bloomberg.com/politics/articles/2017-04-17/tycoon-s-success-in-jakarta-vote-shows-risk-for-jokowi-in-2019

The 2nd quarter will see
- higher plantation sales and profit (from higher CPO price and production and from new acquisition).
- higher unbilled property sales
- No surprises in FX gain or loss.

https://gapki.id/wp-content/uploads/2017/03/INA-PALM-OIL-STATISTICS-JAN-2017-.jpg
https://gapki.id/wp-content/uploads/2017/03/INA-PALM-OIL-EXPORT-PROFILE-JAN-2017.jpg

It is a quarter with FX gain! Happy investing!

Total household debt as a proportion of GDP lower at 88pct
Read more: https://www.malaysiakini.com/news/376809#ixzz4c965aXwM

It is good that money is put in the market where the share market has rallied.
It reflects confidence by investors. It is good to its currency.
https://www.bloomberg.com/news/articles/2017-03-17/indonesian-stocks-rally-to-record-high-as-foreign-investors-buy

To reduce earnings volatility in plantation, it is a logical to move into downstream business. It will be good if MKH can boost up FFB production to ensure steady supply. Eagerly waiting for MKH to expand its plantation business. It is time to leverage. Happy Investing!

Post right and bonus issue, the liquidity of the shares will boost MKH value.
The enlarged capital base is reflective of the size of operations and more importantly the intentions and plans of the management to further grow its businesses and profits. Happy Investing!

Right issue likely to be priced at 1.89.
Those attending tomorrow can ask response to the two property launches recently i.e. TR Residence and Boulevard II with total GDV close to 600 to 700 million. It is significance to the level of the unbilled property sales .. earnings visibility. Cheers!

Still cheap sales and cheap buy! Happy Investing!

Good take up rate to TOD project launched recently - TR Residence (620 units) with GDV RM400 million. Syabas!

kenken ... the plantation is worth around 1 billion now minus borrowing. So if one buys MKH now one is buying plantation assets and gets the property assets for FREE.

If long awaited limit up IWK can happen and has happened last Friday, which everyone is betting its land value will go higher over time, the same could happen to MKH when MKH undertakes restructuring to unlock its asset value.

The directors have been buying its own shares lately. Guys happy trading!

Public bank is one of the largest shareholders in MKH.

https://www.bloomberg.com/news/articles/2017-03-10/singapore-to-ease-rules-on-seller-stamp-duties-ease-loan-ratios

http://jakartaglobe.id/business/malaysia-indonesia-biodiesel-production-forecast-rise-2017/
Kuala Lumpur. Malaysia will produce about 900,000 metric ton of biodiesel in 2017, up about 80 percent from half a million metric ton last year, while Indonesian output will rise to 3.5 million metric tons this year from 3 million metric tons in 2016, an industry expert said on Tuesday (07/03).

"These are the forecasts based on the current pricing of crude palm oil and oil prices," said U.R. Unnithan, president of the Malaysian Biodiesel Association on the sidelines of a palm oil industry conference in Kuala Lumpur.

Benchmark palm oil prices are up nearly 3 percent so far this month after sliding 8.5 percent on expectations of rising output and weakening demand in February.

Palm oil is down 1.5 percent at 2,851 ringgit ($640.94) per metric ton on Tuesday evening.

Palm oil can be used to produce the bio components of biodiesel grades sold at retail fuel pumps. Low crude oil prices, though — benchmark crudes are still around half of what they were in mid-2014 — are expected to make it tougher for biodiesel to compete against petroleum diesel.

Reuters

Bullmoney ... not suprised. Still on track to achieve more than 40 sen for FY 2017. The values of the businesses or its assets are now higher considering MRT link to Kajang is nearing completion and the trees are now more mature.

The 10 sen borderline!
Below it will trigger instant reactions for the below par performance.

Peace ... this quarter will make FX losses because of the weakened IDR against the USD.

A. This quarter can more than 10 sen?
B. Or less than 10 sen?

OK thank ninja. Will see how the property segment fared this quarter. Matrix has done well with a lot higher unbilled property sales.

Ninja ... how they sounded about the prospects of the businesses?

Last year same quarter 14.5 sen eps ... very high!

http://www.pr1ma.my/pr1ma_property.php?id=161&lang=en#.WKpc72997IU

http://jakartaglobe.id/international/palm-prices-ease-2017-output-recovery-competition-soy/

http://www.thestar.com.my/business/business-news/2017/02/10/moodys-upgrades-indonesia-outlook-to-positive/

EGM postphoned. Got extra agenda?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5332905

The purchase of additional palm oil land in Indonesia was completed in December 2016.
Should start contributing profit to the current quarter.
MKH is also to recognise a gain of about RM2.5 million for that bargain buy.

Final issue price of the Right Issue soon. Buy one at discounted price plus two shares.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5331733

http://www.theedgemarkets.com/my/article/malaysia-end-jan-palm-oil-stocks-seen-falling-5-month-low-%E2%80%94-survey

Official from Indonesia. http://gapki.id/wp-content/uploads/2017/02/INA-PALM-OIL-STATISTICS-2016-Full-Year.jpg

Switching from Matrix Concept to MKH pays off!

Low CPO stocks in Indonesia!

http://www.thestar.com.my/business/business-news/2017/02/03/crude-palm-oil-prices-may-stay-high-in-q1-of-fy17/

https://www.bloomberg.com/news/articles/2017-01-31/el-nino-may-make-a-comeback-as-australia-sees-pacific-warming

Today plantation counters did well.

https://www.bloomberg.com/news/articles/2017-01-25/singapore-property-comeback-seen-boosting-large-developer-stocks

The Group’s self-sustaining 18,000-hectare oil palm
plantation with CPO mill running at 90MT per hour will
continue to contribute positively to the Group’s earnings
and profitability. We forecast improved CPO yield as most
of the oil palm trees will reach their prime age in year 2017
and 2018.

The Group’s new planned launches for 2017 with sales
value exceeding RM1.0 billion include integrated high-rise
development known as MKH Boulevard 2 which is located
within walking distance to the Kajang KTM/MRT station,
Phase 3 of Kajang 2 Precinct 2 comprising 198 units of
double-storey terrace houses, Phase 4 of Hillpark Home 3
comprising 79 units of double-storey terrace houses, TR
Residence comprising 642 units of serviced apartments
and 12 units of commercial retail lot located along Jalan
Tun Razak in Kuala Lumpur and Saville @ Mon’t Kiara
comprising 640 units of serviced apartments.

Ongoing 550-acre eco-themed township Hillpark @ Shah
Alam North is also in line for subsequent launches,
comprising double-storey terrace and single-storey terrace
houses.

Rising Above Challenges!

http://www.theedgemarkets.com/my/article/greenyield-enters-spa-mkh-bhd-acquire-property

http://jakartaglobe.id/business/palm-oil-hit-3300-ringgit-early-march-mistry/

Sime Darby hires advisers for its plantation division spin off. We can expect the same in MKH. Time is ripe for a windfall!

http://www.thestar.com.my/business/business-news/2017/01/04/palm-hits-two-week-high-on-weak-output-stronger-soy/