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 ..

What happen?

Market cap is highest now .. best yet to come.

I am tempted to .. but QL to me is alternative to Nestle, so will keep it for longer term. I will add when there is a price weakness.

Cash churned out from operations a year may amount up to 300 mil. If nothing significant is spent, the company is capable of settling all debts within 2 to 3 years. But then no good if no leverage.

lcng123 .. may be composition of the USD assets and liabilities is different now .. better hedged.
Remember in the annual report it said .. started to export CPO in USD. If this is confirmed .. lower volatility of forex is a great news. Can concentrate on the core profits.

Very suprised! 85 mil USD loan but no forex loss in q1?

Impressive plantation revenue growth.

Great! 7sen for q1.
Eps full year 35 to 40 sen.
Strong operating cash flow .. 1q is more than enough to pay 15sen dividend.
Mkh started to invest in fixed income funds .. it shows more free cash now.
All divisions show improved operating results.
Happy investing!

Looking at its fundamental and business model, QL should be a stock to accumulate over times.

It is still attractive ..

Plantation margin should be higher than property development but lower than property investment. Forex set aside.

MKH is expecting 360 MT of FFB in FY2015.
At OER of 22% and average CPO of RM2,200, plantation could bring EPS of 18 to 20 cents.
Property in the past showed it could bring EPS 20 cents.

Total EPS 40 cents with
PE 8 _ Price RM3.20
PE 9 _ Price RM3.60
PE 10 _ Price RM4.00

Happy investing!

This is significant as it changes the exposure structure. Said the Chairman:
...We have started exporting CPO in USD since the tax-free exports announcement in Indonesia late last year. To cater to our fast growing FFB volume, our CPO mill has also been upgraded to 90MT/hour from 60MT/hour.

Land price can only go up over time for both the property and plantation. And it is there you could see.

Starting to leap to another level .. stayed tune.

The low cycle of both the property and plantation is a good reason to enter ..

Major shareholder Chen bought shares via open market.

Major shareholder Chia bought shares via open market.

1. Unbilled property sales increased to RM823 million.
2. From the current land bank, total GDV is RM10 bil .. will be busy for 10 years says RM1 bil a year.
3. Plantation made profit despite low CPO price and FX losses.
4. Exposure to FX is better managed now with more balance US assets and liabilities.
5. Investment property is poised to generate higher income.
6. Very strong positive operating cash flow .. expect higher future dividend.

Released. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1809445

Malaysia, Hong Kong and China were the top Asian recipients, each getting more than 230 billion yen through September ... http://www.bloomberg.com/news/2014-11-26/asia-s-13-carry-return-lures-record-japan-funds-amid-yield-hunt.html

Keep it .. you will enjoy dividend like what Nestle distributes.

MKH's Avenue I & II in Kajang district with GDV close to RM300 mil enjoyed a good if not impressive take-up rate.

The management said .. "We expects Q3 performance to continue to improve against Q2."

QL's associate .. Boilermech announced impressive quarterly results.

submarine .. daily production in Malaysia is 3.5 million.

http://www.theedgemarkets.com/my/article/palm-oil-futures-seen-climbing-oil-world-tree-yields-drop

Invest today is also early bird. QL, with the scale it has now, is capable of repeating the trend probably with higher CAGR. Happy investing!

The company will pay the dividend on 11 Nov .. before it announces its final quarterly results.
Never mind the results may not be that impressive .. but cash pile allows.

It is good that MKH is paying at least 30% out of its profit.
Plantation is cash cow now if no further acquisition.
Property development does not actually use own money.

If not mistaken last year 10 sen need to less tax 25%.
And couple with Bonus Issue, the 8 sen this round is much higher.

WXGWXW .. check out the below projects:
Hill Park Shah Alam - 550 acres
Pelangi Semenyih - 168 acres

Today marks the beginning of the new financial year ..

Both shares suspended ..
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1747021
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1747025

Another 20% up .. 9385

Lay Hong shot up 12% after a director not elected.
Something is brewing ..

ya kenken85 .. solid support from Public Bank holding 10% shares in MKH.

more defensive now .. apparently
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1745629

印尼园丘外资限制取消 种植股起多跌少
http://www.nanyang.com/node/650025?tid=462