Cheapest plantation proxy. Growing plantation contribution.
Healthy sales of affordable housing. Reaping harvest from high unbilled sales.

It means something having Public Bank Group as your shareholder with 9.8% stake.

Thx K.H ... With plantation young age profile and strategic and sizable property landbank, MKH should command higher PE.

They say .. will go up to RM3,000
http://www.bloomberg.com/news/articles/2016-03-09/-enormous-impact-of-el-nino-on-palm-oil-seen-fueling-20-rally

Increase in crude oil price is positive to CPO price.

In fact if the one-ff gain is taken out, the profit margin in the property segment has been creeping higher. Good mix of products including with more high rise projects near the MRT/LRT.

http://www.bloomberg.com/news/articles/2016-03-03/indonesia-s-rallying-8-bonds-lure-funds-in-negative-rate-world

See the media coverage given to President Indonesia. That's a credible plan and will spur confident.
http://www.bloomberg.com/news/videos/2016-02-25/evolving-indonesia-jokowi-s-mission

Yes plantation earnings is expected to go higher on the back of higher CPO and PK prices and sales quantities and the resilient IDR. Q1 has EPS of 14 sen!

It is remarkable, given the soft property market, to see the unbilled property sales sustaining at this high level. Kudos to MKH!

Also paying lesser to the CPO levy in USD with the strengthening of IDR.

IDR has been resilient lately. Good news to Indonesia plantation company with USD debts.

http://www.bloomberg.com/news/articles/2016-02-15/india-s-palm-imports-rebound-from-first-decline-in-12-months

Higher CPO price, higher property profit and strengthening IDR yet price no movement!!

Win another project along Jalan Tun Razak. Next to Titiwangsa LRT and Monorail.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4995045

http://www.bloomberg.com/news/articles/2016-02-03/indonesian-finance-minister-bullish-on-rupiah-trajectory-in-2016

The sensitivity analysis of foreign exchange risks as shown in its latest annual report, MKH says if USD weakens against IDR by 5%, the PBT is to increase by RM12 million and vice-versa.

2016 EPS. Plantation could potentially contribute 10 cents while property may chalk up 20 to 25 cents. Happy Investing!

While others are affected, MKH says its own estates expect minimal El Nino impact as it is located at the equuator with adequate rain fall and good network of canals for irrigation.

lcng123 good one.
USD borrowing is also being liquidated.

The market is really bearish ..
30/9/2015 - Price 2.30 CPO price 2000
Now - Price 2.08 CPO price 2450

http://www.bloomberg.com/news/articles/2016-01-19/strong-el-nino-seen-sticking-around-as-cyclones-delay-demise

La Nina has in the past resulted in higher grains prices including soybean price.

http://www.bloomberg.com/news/articles/2016-01-05/el-nino-peak-has-weather-forecaster-warning-of-possible-la-nina

http://www.bloomberg.com/news/articles/2015-12-31/palm-oil-set-for-best-year-since-2010-as-el-nino-threatens-crop

Oh .. it is right only 0.77 sen per share.

This deal is not significant but is good in term of allocating its resources to best use.

Gain RM0.77 sen per share!
Is this right?

http://www.theedgeproperty.com.my/content/mkh-bhd-changing-better

S.No. / Date / Closing Price / Target Price / Rating
1: 01 Dec 14 / 3.02 / 5.40 / BUY
2: 26 Jan 15 / 2.71 / 4.10 / BUY
3: 16 Feb 15 / 2.89 / 4.10 / BUY
4: 29 May 15 / 2.38 / 3.80 / BUY
5: 22 Jul 15 / 2.29 / 3.80 / BUY
6: 10 Aug 15 / 2.26 / 3.80 / BUY
7: 27 Aug 15 / 2.02 / 2.80 / BUY
8: 09 Sep 15 / 2.04 / 2.80 / BUY
9: 07 Oct 15 / 2.36 / 2.80 / BUY

Haha how many times wrongs can he have? Haha

2016 plantation outlook for MKH.
- tightening output in the market due to dry weather associated with El Nino
- CPO price to be trading up
- higher output by MKH due to young trees and more trees come into maturity
- USD borrowing being liquidated and softening of USD (likely after Fed lifts its rate)
Happy investing!

Just sharing .. http://www.theedgeproperty.com.my/content/mkh-partners-panasonic%E2%80%99s-housing-unit-building-works-malaysia

Panahome Global's sales in FY2015 was USD2.7 billion.
http://www.panahome.jp/english/index.html

Spot on! 2016 property segment to contribute at least 25 cents per share.

What a strategic alliance! MKH's brand name get boosted!
Want a Japanese's element house look no further than MKH.
PanaHome MKH Malaysia Sdn Bhd - http://www.bursamalaysia.com/market/listed-companies/company-announcements/4938653

MKH is back on profit growth track!

Plantation, aside from the non-cash forex losses, performed remarkably well. CPO yield is 7 to 8 tonnes/ha, throwing behind many established plantation companies. Look at the increase in CPO sales from 76.6k tonnes to 108.9k tonnes. This is poised to increase further with more trees coming into maturity. Average selling price of CPO was less than RM2,000 a ton in FY2015. Big impact on earnings if CPO price average RM2,300 next year.

Property unbilled sales all times record high at RM920 million. Good earnings visibility.
To capitalise on MRT which is scheduled to complete in 2007 by launching more projects.

Fundamental very sound company.

Dividend expectation!

Decent Q3 2015 results.

Noticed the newly acquired subsidiaries. Specialised in industrial properties in JB .. singaporean like it as their government is not renewing expiring lease for certain industries.

Plenty of cash no debts. Associate also performs .. higher share of profit.

http://www.wsj.com/articles/el-nino-heats-up-as-indicators-suggest-one-of-the-worst-1447157288

Public bank a solid shareholder behind MKH.

The best is yet to come .. stay tuned.

This company is undervalued.
Market value reflects the plantation segment only 1.1 b / 15000 ha = 73 per ha
Property is bonus yet it is the largest profit contributor.
Watch out for MRT Line 2 re-alignment. The company has 13 acres land in Serdang .. a big boost.
Dividend yield 3.5% to 4%.
Go buy Ho Chin Soon Map see how MKH positions its developments in the Kajang to Semenyih corridor after Eco World, SP Setia and UEM.
Happy Investing!

Public bank has been a substantial shareholder for many many years.

If Tan Sri Teh (Public Bank) has confident .. I will follow him.

The best yet to come ..