Today ex 4.5sen dividend, yet the price increased by 10sen :)

MKH's plantation results were very impressive. With similar revenue in palm oil plantation (70mil+), even QL incurred losses. Its operating margin is comparable to those very well managed estates.

Considering young aged profile of the trees (may be in the range of 2 to 3 ton CPO per ha) and low CPO price at the moment, this division has ample room to significantly enhance MKH's profitability. MKH said its CPO mill capacity is being upgraded from 60ton to 90ton per hour.

MKH has quietly spent more than 100mil this year on landbanking .. to sustain future earnings. Increasing trend on unbilled sales .. at 518mil with potential 25% margin. MKH is expected to start launching development projects with total GDV of 2.2bil in Q4 2013 .. poised for stronger growth next year.

MKH Boulevard non-bumi units fully sold .. a confidence boost to MKH to continue to pursue its 'high rise' ambitious in Kajang. GDV of more than 200mil on a small piece of land .. higher margin

羊毛出在羊身上 .. RPGT may be for curbing speculation but I doubt on the rising price? It was not effective previous round .. seller of the houses in KL and PJ will built it in, simply because of location and supply. The issue involves many aspects ...

Still below NTA ..
1Utama in Kajang .. potential for recurring income from property investment in retail complex, car park, hotel, offices ..
If Public Bank's retirement fund can make this counter as its long term investment, why can't you?
MKH shares the same thing with Public Bank .. never loss money before even during crises times .. that says tonnes of risk management and business sustainability.

Despite being weakest quarter historically, it showed good growth in sales and profit. More to come .. Maybank Investment says RM4 level still a BUY.

Totally agreed.

The retirement fund is managed by trustee made up entirely of the senior management of Public Bank. Has more than RM600 mil equity investment .. of course more than half is in Public Bank's shares.

lching ... it is not unit trust fund. It is a dedicated retirement fund for the officers of the bank. This retirement fund owns 9% stake.

Public bank is known to be prudent, at least relatively among the banks here. I find Public bank's retirement fund, a substantial shareholder in MKH, offer lots of comfort to me to invest in this company.

lching 說的也是!

Hope next week quarterly results would 'energise' the push :)
Anyway I'm in this counter just like you for mid to long term holding.

Hi 逍遥子 mind to share what you mean the "show"?

Mr Chen family continues to buy shares from the open market ..

Could the catalyst be crossing the 1 bil market cap?

Yes plantation will be a booster. But MKH has been putting lots of resources in the property recently. I like its plantation segment being an earnings 'smoother' over the years to come rather than an earnings surprise. Afterall plantation earnings are foreseen and depending on yield and CPO prices. But it will be a surprise if MKH can increase oil palm landbank to become a mid size player.

I wonder how much MKH could make from being a main contractor (upgraded from 2rd-tier contractor after buying out Puncak Alam Resources' shareholders for 30 mil. The GDV of Hill Park Shah Alam is about 1 bil.
Nevertheless it is a piece of good news. Exclusive development right on sizable land 550 acres.

15000 ha of palm oil says yield of 6 ton per ha at CPO price of 2,400...this could generate 25sen EPS.
Property segment should be able to generate at least 20sen EPS historically.
Total 45sen EPS at 8 times PE means share price of RM3.60
MKH is about to cross 1bil market cap.