http://www.bloomberg.com/news/2014-03-04/palm-oil-seen-by-mistry-influenced-by-el-nino-and-biofuels-2-.html

http://www.bloomberg.com/news/2014-03-04/palm-oil-seen-by-mistry-influenced-by-el-nino-and-biofuels-2-.html

On top of dividend, QL rewards with bonus issue. Computation shows a return of more than 20% last year. Without profit you cannot create wealth.

The borrowing is set to drop after the rights issue ... but that is not the way to maximise value and QL has given many hints.

Would have hoped QL pours more resources in the plantation just like MKH ... the latter is reaping the benefits now.

http://www.bloomberg.com/news/2014-03-02/palm-oil-export-growth-stalling-in-indonesia-on-biodiesel-surge.html

http://www.bloomberg.com/news/2014-03-02/palm-oil-export-growth-stalling-in-indonesia-on-biodiesel-surge.html

I like this model, don't split.
http://www.nanyang.com/node/603185?tid=462

Fair comments.

Good to see QL jumped 4% today. Money put in good use.
Happy investing!

It's never a good time or bad time if you know there will be a better time.

Benefit from expanded capacities in the marine product and livestock divisions. Better profit margins ahead. Associated Layhong and Biolermech are expected to perform well.

It is was a bargain buy this morning!
The profit margins of the two segments improved. Indeed the margin for the plantation segment was impressive. Plantation sales may top 160m this year with higher FFB and CPO price. If no forex losses (if today's rate stays, 20 mil loss will be reversed), plantation may contribute 20sen EPS.
The profit growth in property is also visible with the unbilled sales. Coupled with improved margin, this segment may contribute well above 20 - 25 sen EPS.

http://www.bloomberg.com/news/2014-02-27/palm-advancing-to-3-000-ringgit-for-coleman-as-dry-weather-bites.html

http://www.bloomberg.com/news/2014-02-27/palm-advancing-to-3-000-ringgit-for-coleman-as-dry-weather-bites.html

Genting plantation says production cost in 2014 will be lower because of lower fertilizers cost. Good to hear.

tea .. you are spot on CPO broke 2,800 just now. +10% CPO price should boost MKH's earnings by 3sen this year and 5sen next year simply because of higher output. Timing cannot be better for MKH be it on plantation or property. I don't have any TP at the moment. Multi-year re-rating is on the horizon. But will be happy to see everyone at 5.

http://www.nanyang.com/node/602332?tid=462
Marine prawn farming ... see this coming. This project occupying 250 acres. 250 acres. 250 acres.

Key assumption in the TP 5.4 - CPO price FY2014/2,366, FY2015/2486 and FY2016/2,608.
Defeated!

http://www.bloomberg.com/news/2014-02-24/buffett-warns-of-liquidity-curse-celebrates-property-bet.html
Happy reading!

Several TP by:
Public Bank / 3.32
HwangDbs / 3.60
Kenanga / 3.32
MBB / 2.86

The Edge says ... Dual Catalysts may propel MKH / WB further.
Happy Investing!

haha it is indeed a small IOI (plantation+property) before the split. And I prefer under one roof ... historically it tells me the two combined provides smoother and steady earnings.

Will not expect big fluctuation due to its nature of business. Glad to see the revenue and profit growth over the years. Top line is fast approaching 3 bil and will not be suprise if QL takes it further to 4 bil a level Nestle Malaysia is doing. When the scale is reached, return will be enormous.

No Nestle so QL ...

kenken ... real life experience speaks tonnes! Congrat.

Marine product going strongly due to added capacity and lower cost. CPO average price Q4 2013 RM2,400 but will be higher in Q1 2014. Livestock's top line growth was impressive. Best yet to come ... stay tuned.

Now at RM1.4 bil market value. IOI bought Unico (similar size of ha) for RM1 bil when CPO price was hovering at RM2,200. Now CPO is higher at RM2,700. Are we are still buying MKH's propery assets and profits at virtually no cost.

Multi-year re-rating on the horizon ...
Happy investing!

Klang/Eco Park to KL to Kajang with KL at the mid point. What you see today the huge daily traffic to and flo KL using Kesas/Federal/NKVE highways, could see the potential rise of Kajang. And Kajang will be better served with MRT and KTM.

I heard good response to the new launched project in the Tropicana Heights which is next to Kajang 2. This will help MKH to realise its High Rise ambition in Kajang 2. Kajang 2 has GDV of RM3 bil.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1541645
The MD bought shares .. it shows bullishness and confident on the properties that his company is undertaking.

Exports of Malaysian palm oil products for Feb. 1-15 rose 27.2% to 595,125 tonnes from 467,817 tonnes shipped during Jan. 1-15, cargo surveyor Societe Generale de Surveillance said on Monday. (Reuters)

Below RM3, buy on any weakness. Your quality assets are in good hands.
Just another smear operations on the palm oil..

MKH is building up its investment property for recurring income with the launch of Kajang 2. And this would make the portfolio significant and add to long term profit visibility. MKH envisions K2 as 1Utama of Kajang. Happy Investing!

When FFB and CPO up, MKH will have more to leverage on to expand its balance sheet .. not forgetting also its cheap development land cost.

QL below RM3 level .. but will it be long?

Average CPO price for Q4 2013 was RM2,500 compared to RM2,300 for Q3 2013.

Launched plan to launch total GDV 893 mil for FY2014:-
Hill Park Shah Alam / 374 mil
MKH Avenue / 224 mil
Pelangi Heights / 195 mil
Hill Park Home 3 / 33 mil
Kajang East / 67 mil

HPSA is doing brisk sales! MKH Avenue 4-storey shops sold out! MKH boulevard 210 mil project with units opened for sales gradually, is doing very well. Happy Investing!

Tropicana is launching 199-acres developement beside the 'Kajang 2' by MKH.
http://www.tropicanaheights.com/site/home.html

This will only solidify the planned Kajang 2 project with estimated GDV 2.6 billion. Hurray!

If you like the story .. potentially Selangor MB from Kajang!

Everywhere you read in the circular .. the assets are operating at full or near full capacity. How nice a position to be in!

Is the market expecting final quarterly results?

But for now, at this level you pay only for property get free plantation. Or you may think that you pay only for plantation get free property assets. Happy Investing!

I would prefer the businesses under one roof. List .. privatise .. then relist are the games of the riches. There is a price to pay and normally the minority is a party that suffers.

Based on RM3.95 price-fixing date, ex-all will be RM2.88. This was disclosed in the announcement. 3 core businesses are expected to perform better in 2H. Very good quality of assets ...

Ex-all on Feb 12. Below RM3, will consider the opportunity to accumulate ..

nicky .. indeed it has been reflected in the warrants.

Price reaches record! Happy Investing!

I would not wish MKH buying its own shares .. they have been spreading the word - expansion. This may also reduce liquidity and participation by large funds.