Even Kajang is considered close to Bandar Malaysia where prices are still reasonable.

MKH has a piece of land nearby. The project has been delayed. MKH World.

A vibrant KL South is good.
More money will pour in.
Businesses will bebefit.

Bandar Malaysia project is positive to MKH.

The FFB yield is 30t/ha many of the other companies still tailing.

When both engines run well, we hold tight.

The operations cash flow is enough settle all borrowings in 2 to 3 years.

Anyway, no RI is expected unless MKH makes big acquisitions.

MKH made the wrong call in the previous RI. But then the banks won the race.

If business is good, borrowings are good and cheaper.

Kajang 2 more mature and population now, time to introduce and sell high value products.

More trees into prime age and recovery from stress, plantation eps can 20 sen.

Plantation eps can 15 sen. Total can 35 sen.

Very performing property assets. 1 billion unbilled sales seems sustainable.

Next year operations cash can range from 300 to 350 mil. Cash starts piling up from now.

Its market value will overtake Matrix if mkh pays more dividends which sure the company can afford.

Anyway, both engines now run well. Hold tide!

Plantation can be a cash cow providing steady cash flow for dividend. May be MKH should consider paying quarterly dividend.

Have different take. Borrowings for the plantation asset are being liquidated. Good CPO price can settle the borrowings faster.

Very true madwind14. Gun men also at work to be able collect more.

Market value now 900 mil.
Plantation area 18000 ha.
=50k/ha.
Property value ?

Strong showing for property
- unbilled sales > 1 billion
- affordable segment
- quietly add good location land bank Q1/+8mil, Q2/+7mil, Q3/+6mil, Q4/+10mil
- smart alliance with Panasonic and Sunway group
Strong showing for plantation
- FFB yield 30T/ha impressive
- operating profit could hit 100 mil
China operation
25% own use. 75% rental
Production cost drops + extra rental income - net impact + 5 to 8 mil profit
Steady property investment income - 8 to 10 mil

in FY2018, when the CPO price was RM2163, the plantation division made RM48 million profit. Going to be higher production (more trees enter prime age) and higher price in 2020.

The_Reds retailers selling but big guys still inside...

Very true. Low volume. More to come.

Strong cash flow. Net cash now.

Very good cash flow.

Market value is only half of the Matrix.

Both engines are running well now.

Myeg has Agmo Studios.
Compare to Multisys?

Multisys is Philippines rising and leading star company.
Philippines is a good and very potential market.

First high rise in Kajang 2.

JAPANESE INSPIRED LIVING MIRAI Residences is a joint venture project between MKH Berhad and Panasonic. MIRAI Residences provides you and your family a Japanese-inspired tranquil living boasting 24-hour 6 tier security system, 159,000 sqft facilities podium and first-in-Malaysia home with Energy Recovery Ventilator (ERV) System. This home improves the quality of living by providing Quality Air For Life through cutting edge technology of air ventilation supplied by Panasonic. A zen lifestyle without sacrificing convenience, MIRAI Residences is situated in Kajang’s 2 with easy access to your daily needs such as shopping malls, train stations, education hubs, medical centres and surrounding highways for easy travelling.

Philippines is a good market!

Going by record if net can break 100 mil dividend can 7 sen.
Next year even better.

Why share buyback so aggressive ?

Debts at Empire are potentially due for restructuring as the current interest rates are too high.

https://www.casinobeats.com/2019/11/01/genting-live-casino-a-key-part-of-our-digital-strategy/

It is was right thing that TS Wong did not defend aggressively through buy back when the share price fell sharply. This way it is more convincing!

For sure performance has improved!
https://www.gaming.ny.gov/pdf/finance/Resorts%20World%20Catskills%20Casino%20Weekly%20Website%20Report.pdf
https://www.gaming.ny.gov/pdf/finance/Web%20Site%20Weekly%20Report%20-%20Nassau%20OTB%20at%20Resorts%20World.pdf

Guess an answer to cash pile which has been piling up quite strongly.

https://www.gaming.ny.gov/pdf/finance/Resorts%20World%20Catskills%20Casino%20Monthly%20Commercial%20Gaming%20Report.pdf

Sit back and relax ...
.... A manageable 95 miles away from New York City, Resorts World stands watch over the Catskills Mountains, and is visible miles before one’s wheels roll into the parking lot like a pair of dice thrown from a hopeful hand.

https://www.forbes.com/sites/michaelalpiner/2019/09/30/resorts-world-catskills-is-a-safe-bet-for-travelers/#19250f955ef3

Gunmen are at work. Just buy when it dips.

patient_Alan

patient_invest Alan, if you are a long term investor, you should keep quiet
let people create fear. then you buy cheap

From your aggression, people know you don't have holding power. Relax
27/09/2019 7:54 AM

When Pennsylvania (the first U.S. states) introduced mobile sport betting recently, the sport wagering revenue jump.
Very potential stream of revenue!
https://gamingcontrolboard.pa.gov/files/revenue/Gaming_Revenue_Monthly_Sports_Wagering_FY20182019.pdf

Closing down Monticello Raceway facility was a good decision.
Historically very low Win VGM per day
Not a good quality asset.
https://www.gaming.ny.gov/pdf/finance/Web%20Site%20Report%20-%20Monticello%20Casino%20&%20Raceway.pdf

RWC says please come to play Baccarat and Blackjack. Other casinos no play these games.

One way Lim hopes to turnaround Empire’s fortunes is by bringing more electronic gaming nearer to the city. Genting’s electronic slots at Aqueduct Racetrack in Queens have been wildly successful in recent years. And Empire plans to seek state gaming commission approval to place a digital gaming parlor in Orange County, with the former Nepera Chemical complex in the Village of Harriman under consideration as a site.

Before NFL season begins, Resorts World Catskills also intends to introduce sports betting, though state law will only permit bets to be placed at the casino in Thompson. And the first nine holes of the casino’s revamped Monster golf course will soon be complete.

Of late, another bright spot for the casino has been a rise in gross gaming revenues for slot machines, which surpassed $11 million per month, respectively, in May, June and July, according to the state Gaming Commission. That’s up from as low as about $6 million per month in the past.

The casino’s daily per machine winnings averaged a healthy $236 last month, after Resorts World Catskills shed machines, dropping to 1,600 in May from 2,157 when it opened. A new poker area recently replaced the empty space.

https://www.yogonet.com/international/noticias/2019/08/13/50642-resorts-world-catskills-owner-considers-prepackaged-bankruptcy

I do see operational improvement in Q2 despite still making losses. Gaming, hotel and F

Thx for sharing.. Boostmy.. very good analysis and insightful

https://www.casinoreports.ca/2019/08/06/resorts-world-catskills-cuts-ribbon-on-ny-largest-poker-space/
Sports Betting Starts Soon
Resort World Catskills is currently preparing for the official launch of sports wagering on site of its casino venue, as it is among the four commercial casinos to host such. It is going to join seven tribal gaming locations as well, some of which have already greenlighted legal sports wagering operation. The casino location is about to team up with international giant bet365.