Post Brexit, funds now are chasing for yields.
USDIDR: 13,141.00 IDR -47.00 -0.36% As of 2:57 AM EDT 6/29/2016

A measured leverage by borrowing is good. When IDR strengthens, the assets value is increasing while the liability is dropping. USDIDR 13,160.00 IDR -28.00 -0.21% As of 9:30 PM EDT 6/28/2016

http://jakartaglobe.beritasatu.com/business/tax-amnesty-bill-made-law-tuesdays-house-plenary-session/

Your Indonesia's assets have been growing so as the earnings.
USD/IDR: 13,267.00 IDR -84.00 -0.63% As of 10:40 PM EDT 6/27/2016

IDR against USD is resilient. 13,336.00 IDR -55.00 -0.41% As of 2:17 AM EDT 6/27/2016

Thanks

http://jakartaglobe.beritasatu.com/business/french-parliament-scraps-planned-extra-tax-palm-oil/

http://eresearch.bursamalaysia.com/download.aspx?id=18597&type=research

Property sales improved in 2QFY16. After typically slow 1QFY16, property new sales increased to RM222m in 2QFY16, taking 1HFY16 sales to RM305m (+3% y-o-y). This is quite a commendable performance in view of the soft market sentiment. Unbilled sales remains healthy at RM828m which will underpin earnings visibility over the next two years.

Not many Malaysian plantation companies are achieving this level.
"MKH had initially forecast an FFB yield per hectare of 29 tonnes for FY16, but the group has since set a higher internal target of 35 tonnes."

They have been doing the right things!
http://jakartaglobe.beritasatu.com/business/indonesian-central-bank-lowers-benchmark-rate-chance-boost-growth-emerges/
http://jakartaglobe.beritasatu.com/business/bank-indonesia-lowers-payment-requirement-home-purchase/

It makes lots of sense!
http://jakartaglobe.beritasatu.com/news/indonesias-future-sea-maritime-development-crucial-jokowi/

http://www.thestar.com.my/business/business-news/2016/06/15/indonesia-central-bank-seen-holding-rates-despite-dovish-tone/

Weighing on switching further from Matrix Concept to MKH in view of better and sustainable assets in the latter.

See the ending stock of palm oil in Indonesia!
http://gapki.id/wp-content/uploads/2016/06/Ina-Palm-Oil-Statistics-Data.jpg

http://www.bloomberg.com/news/articles/2016-06-13/indonesia-central-bank-gains-credibility-decades-after-crisis

http://www.thestar.com.my/business/business-news/2016/06/14/cpo-prices-likely-to-get-a-boost/

Upon completion of the acquisition, MKH to recognise a bargain gain of about RM2.5 million.

Land in Sabah is sold for about RM70k per ha. MKH gets it for RM30k. Sabah land is not more fertile than in Kalimantan. Note that the Land has been cleared and is 79% planted with oil palm trees together with staff quarters, stores and security posts.

Add 2445 ha of palm land. The rationale is in line with the Group’s strategy to expand its existing oil palm plantation for potential future public listing purposes;
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5121105

http://www.bloomberg.com/news/articles/2016-06-10/fidelity-sees-indonesia-buying-opportunity-as-s-p-keeps-at-junk

Today USD strengthens across the board ... but the IDR has been resilient.

http://www.bloomberg.com/gadfly/articles/2016-06-08/airasia-s-the-real-target-of-region-s-latest-aviation-alliance

Learn from him the branding as well as the costs control. Low cost always wins.
http://www.bloomberg.com/gadfly/articles/2016-06-08/airasia-s-the-real-target-of-region-s-latest-aviation-alliance

Haha doing homework niah ... believe no free lunch!
oohlala ... this gem may be hidden now but at least you know money is in good assets.

Now PanaHome is in Indonesia. Can't ignore a country with 258 million population.
Same applies to MKH, a natural move to expand in Indonesia.
http://news.panasonic.com/global/topics/2016/45157.html

13,266.00 IDR Down 0.78% As of 12:37 AM EDT 6/7/2016

Commodities entered a bull market on Monday, ending a five-year rout, as supply constraints drive up prices in everything from soybeans to zinc, and help the asset class outperform bonds, currencies and equities so far in 2016. The Bloomberg Commodity Index, which tracks returns from 22 raw materials, closed 21 percent above its low on Jan. 20, meeting the common definition of a bull market. The index is still down about 50 percent from its high reached in 2011.
http://www.bloomberg.com/news/articles/2016-06-06/commodities-enter-bull-market-ending-five-year-selloff-chart

http://www.bloomberg.com/news/articles/2016-06-06/palm-reserves-in-malaysia-seen-slipping-to-2-year-low-on-ramadan

Do not see this here!
http://www.bloomberg.com/news/articles/2016-06-05/s-p-scorned-by-investors-for-keeping-asia-s-best-debt-at-junk

http://www.bloomberg.com/news/articles/2016-06-01/brazil-soybean-producer-files-for-bankruptcy-as-debt-talks-fail

http://www.bloomberg.com/news/articles/2016-05-31/can-food-labels-kill-added-sugar

http://jakartaglobe.beritasatu.com/business/indonesias-foreign-tourist-arrivals-rise-14-april/

http://jakartaglobe.beritasatu.com/business/world-banks-approves-400m-loan-indonesia-fiscal-policy-reform/

Buy one plantation asset free one property asset!

Chen said the plantation asset is worth RM1.1 billion ... that is about the market capitalisation of MKH right now ... not counting the property assets.

Go Away "Sell in May"!

The poll by the Japan Bank for International Cooperation found that about 56 percent of the companies want to expand investment in the five key nations of Singapore, Thailand, Indonesia, Malaysia and the Philippines.
http://www.bloomberg.com/news/articles/2016-05-30/southeast-asia-is-winning-more-japanese-investment-than-china

Chen is right to consider Indonesia for its expansion plans!
http://www.bloomberg.com/news/articles/2016-05-26/indonesia-sailing-toward-upgrade-as-last-major-asian-junk-debt

Excluding the unrealised FX gain of RM27 mil, the 1H profits are still very good with EPS of 21 sen.

Hi BursaNinja, it is publicly available information. You may see it from the annual report, announcements and bursa website.

dave5 kopitiam talking and sharing niah. Public bank's 10% stake in this company has provided lots of comfort. Kudos to Tan Sri Teh for insightful investment.

The company foresees better results ahead! Yes indeed.

Property earnings are visible for the remaining FY16 and FY17. Exciting moments to come from partnership with Panasonic Home.

Plantation enters growth phase. Higher prices, more maturing prime-aged areas and low capital expenditure will set to generate positive cash flows. Like to see the company to leverage with spin off and expansion.

Considering the weak property market now, it is very encouraging to see the property unbilled sales still high at RM828 mil at 31.3.2016 (RM827 mil at 31.12.2015). Kudos to the management team!

Not a good sign to coming quarterly results! Or it is just the market!

Why Cassava while other planters have not considered this planting?

http://www.bloomberg.com/news/articles/2016-05-23/as-el-nino-exits-la-nina-looms-and-promises-her-style-of-mayhem

Valuation was done for the plantation assets. Spin off is on the cards! Windfall for MKH shareholders. If can be indicated from the below statement, it is RM700 million or RM1.65 per share.

"Chen hinted that the group may soon finalise the acquisition of a 2,000ha plantation land in a low cost area. He said the existing 15,900ha land cost only RM400 million when the group first bought it, but was worth RM1 billion in the previous financial year ended Sept 30, 2015 (FY15) and could be worth as much as RM1.1 billion in the current year."

MKH said to revise FY16 FFB production up 20% from original target of 413,000.
CPO yield to exceed 6 mt/ha in FY16. Amazing!
Planting Year/ Ha/ Age/ Status
2008/ 3,800/ 8/ mature
2009/ 5,200/ 7/ mature
2010/ 4,300/ 6/ mature
2011/ 1,100/ 5/ mature

The Land is located about 75 km by road from Kota Samarinda (the Capital of East Kalimantan Province). The Land is easily accessible by land transport and is approximately 2 hours drive from Samarinda on state road and a stretch of earth road.

The Land covers an area of approximately 15,942.60 hectares. The Land is generally flat with very slight undulation and the soil and climate conditions are suited for oil palm cultivation. The Land has 2 small rivers passing through and is ideal as a source of water for the future oil processing mill. In addition, the main river known as Sungai Mahakam provides an ideal transportation mode to ship out the crude palm oil. Currently, the Land comprises mainly of ‘belukar’ and shrubs and progressive clearing of the Land for the planting of oil palm trees is in progress. Currently, approximately 80 hectares of oil palm nursery has been established.

PT Khaleda has also engaged a professional plantation managing firm to assist in the plantation development of the Land in addition to its own management team comprising of personnels with many years of experience in the oil palm plantation sector in Indonesia. The MKHB Group currently owns and manages several hundred acres of oil palm plantation in Peninsular Malaysia with its first venture in year 1995. In addition, the Executive Chairman of MKHB has more than 18 years of experience in managing oil palm plantation.