Still cheap sales and cheap buy! Happy Investing!

Good take up rate to TOD project launched recently - TR Residence (620 units) with GDV RM400 million. Syabas!

kenken ... the plantation is worth around 1 billion now minus borrowing. So if one buys MKH now one is buying plantation assets and gets the property assets for FREE.

If long awaited limit up IWK can happen and has happened last Friday, which everyone is betting its land value will go higher over time, the same could happen to MKH when MKH undertakes restructuring to unlock its asset value.

The directors have been buying its own shares lately. Guys happy trading!

Public bank is one of the largest shareholders in MKH.

https://www.bloomberg.com/news/articles/2017-03-10/singapore-to-ease-rules-on-seller-stamp-duties-ease-loan-ratios

http://jakartaglobe.id/business/malaysia-indonesia-biodiesel-production-forecast-rise-2017/
Kuala Lumpur. Malaysia will produce about 900,000 metric ton of biodiesel in 2017, up about 80 percent from half a million metric ton last year, while Indonesian output will rise to 3.5 million metric tons this year from 3 million metric tons in 2016, an industry expert said on Tuesday (07/03).

"These are the forecasts based on the current pricing of crude palm oil and oil prices," said U.R. Unnithan, president of the Malaysian Biodiesel Association on the sidelines of a palm oil industry conference in Kuala Lumpur.

Benchmark palm oil prices are up nearly 3 percent so far this month after sliding 8.5 percent on expectations of rising output and weakening demand in February.

Palm oil is down 1.5 percent at 2,851 ringgit ($640.94) per metric ton on Tuesday evening.

Palm oil can be used to produce the bio components of biodiesel grades sold at retail fuel pumps. Low crude oil prices, though — benchmark crudes are still around half of what they were in mid-2014 — are expected to make it tougher for biodiesel to compete against petroleum diesel.

Reuters

Bullmoney ... not suprised. Still on track to achieve more than 40 sen for FY 2017. The values of the businesses or its assets are now higher considering MRT link to Kajang is nearing completion and the trees are now more mature.

The 10 sen borderline!
Below it will trigger instant reactions for the below par performance.

Peace ... this quarter will make FX losses because of the weakened IDR against the USD.

A. This quarter can more than 10 sen?
B. Or less than 10 sen?

OK thank ninja. Will see how the property segment fared this quarter. Matrix has done well with a lot higher unbilled property sales.

Ninja ... how they sounded about the prospects of the businesses?

Last year same quarter 14.5 sen eps ... very high!

http://www.pr1ma.my/pr1ma_property.php?id=161&lang=en#.WKpc72997IU

http://jakartaglobe.id/international/palm-prices-ease-2017-output-recovery-competition-soy/

http://www.thestar.com.my/business/business-news/2017/02/10/moodys-upgrades-indonesia-outlook-to-positive/

EGM postphoned. Got extra agenda?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5332905

The purchase of additional palm oil land in Indonesia was completed in December 2016.
Should start contributing profit to the current quarter.
MKH is also to recognise a gain of about RM2.5 million for that bargain buy.

Final issue price of the Right Issue soon. Buy one at discounted price plus two shares.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5331733

http://www.theedgemarkets.com/my/article/malaysia-end-jan-palm-oil-stocks-seen-falling-5-month-low-%E2%80%94-survey

Official from Indonesia. http://gapki.id/wp-content/uploads/2017/02/INA-PALM-OIL-STATISTICS-2016-Full-Year.jpg

Switching from Matrix Concept to MKH pays off!

Low CPO stocks in Indonesia!

http://www.thestar.com.my/business/business-news/2017/02/03/crude-palm-oil-prices-may-stay-high-in-q1-of-fy17/

https://www.bloomberg.com/news/articles/2017-01-31/el-nino-may-make-a-comeback-as-australia-sees-pacific-warming

Today plantation counters did well.

https://www.bloomberg.com/news/articles/2017-01-25/singapore-property-comeback-seen-boosting-large-developer-stocks

The Group’s self-sustaining 18,000-hectare oil palm
plantation with CPO mill running at 90MT per hour will
continue to contribute positively to the Group’s earnings
and profitability. We forecast improved CPO yield as most
of the oil palm trees will reach their prime age in year 2017
and 2018.

The Group’s new planned launches for 2017 with sales
value exceeding RM1.0 billion include integrated high-rise
development known as MKH Boulevard 2 which is located
within walking distance to the Kajang KTM/MRT station,
Phase 3 of Kajang 2 Precinct 2 comprising 198 units of
double-storey terrace houses, Phase 4 of Hillpark Home 3
comprising 79 units of double-storey terrace houses, TR
Residence comprising 642 units of serviced apartments
and 12 units of commercial retail lot located along Jalan
Tun Razak in Kuala Lumpur and Saville @ Mon’t Kiara
comprising 640 units of serviced apartments.

Ongoing 550-acre eco-themed township Hillpark @ Shah
Alam North is also in line for subsequent launches,
comprising double-storey terrace and single-storey terrace
houses.

Rising Above Challenges!

http://www.theedgemarkets.com/my/article/greenyield-enters-spa-mkh-bhd-acquire-property

http://jakartaglobe.id/business/palm-oil-hit-3300-ringgit-early-march-mistry/

Sime Darby hires advisers for its plantation division spin off. We can expect the same in MKH. Time is ripe for a windfall!

http://www.thestar.com.my/business/business-news/2017/01/04/palm-hits-two-week-high-on-weak-output-stronger-soy/

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5286085

Further to MKH Berhad's ("MKH") announcement made on 10 June 2016 pertaining to the Proposed Acquisition, the Board of Directors of MKH wishes to announce that its wholly owned subsidiary, MKH Plantation Sdn Bhd ("MPSB") has received the Investment Coordinating Board of Indonesia (Badan Koordinasi Penanaman Modal) approval for the transfer of the Sale Shares from the Vendor to MPSB on 2 December 2016. MPSB has on 9 December 2016 completed the Acqusition. Accordingly, PT Sawit Prima Sakti ("PT SPS") is now a subsidiary company of MKH.
PT SPS owns approximately 2,445.49 hectares of oil palm plantation land at Kabupaten Kutai Kartanegara, Kalimantan Timur, Indonesia.

An important step for more to come!

Agree that 7 sen is a bit of disappointment. But that practice is going along with companies that normally see growth story and undertake expansion plans. One may not be convinced during this sluggish market, but wouldn't it be good if one has 'bullets' to capitalise.
The value of the land held for development is almost doubled up to over RM1 billion.
MKH discloses its plantation statistics in this quarterly report a good practice!

Be assured! MKH sets to sail through this difficult time and to emerge stronger.

(吉隆坡22日讯）美景控股（MKH，6114，主板产业组）在加影联营一马房屋计划（PR1MA），安联星展预期上述产业计划认购率可取得不错反应，维持该公司原有评级。上述联营计划，发展总值为4亿6400万令吉，为期4年，共建造1202个住宅单位及4万2000方尺的商业单位。美景控股持有70%的股权。安联星展预期，美景控股将拨出3800万令吉用于上述产业计划。安联星展说，一般而言，产业发展总值的12%为发展成本。安联星展表示，上述地库位于加影策略性地点，而加影区捷运站将在2017年中投运，预期上述产业销售价格介于30万令吉至40万令吉。在该公司尚未正式敲定上述发展计划以前，维持该公司“买进”评级及3令吉20仙目标价不变。
股价：2令吉85仙
总股本：4亿1944万3000股
市值：11亿9500万令吉
30天日均成交量：19万股
最新季度营业额：2亿8209万5000令吉
最新季度盈亏：净利3771万5000令吉
每股净资产：2令吉92仙
本益比：6.76倍
周息率：2.51%
大股东：丹斯里曾秋贵（44.205%）

Follow the money trail!
http://jakartaglobe.beritasatu.com/business/hsbc-plans-inject-1b-indonesia-business-regulator/

Praises from everywhere!
http://www.straitstimes.com/asia/se-asia/jokowi-proves-his-mettle-as-president

Rising oil price is good to palm oil price!

Icng123 Just like you at the mercy of MKH!

HuatRex Our neighboring country has a performing president that takes care of the well being of their people. Would you wish to have one? http://www.bloomberg.com/news/articles/2016-10-18/-quick-learner-jokowi-builds-reform-momentum-after-slow-start
Shareholders of MKH will benefit from higher value assets in Indonesia and will keep increasing.

Would't one wish to have one like this!
http://www.thejakartapost.com/news/2016/10/19/jokowis-second-year-the-year-of-development-acceleration.html

Palm oil statistics from Indonesia.
http://gapki.id/wp-content/uploads/2016/10/PALM-OIL-STATISTIC-DATA-AUG-2016.jpg
http://gapki.id/wp-content/uploads/2016/10/INA-PALM-OIL-EXPORT-PROFILE-AUG-2016.jpg

Chen has been selling its warrants? http://www.bursamalaysia.com/market/listed-companies/company-announcements/5225873

Bonus issue is just accounting. No real value added.
Unless MKH is confident about expansion whereby a large capital base is needed and more reflective.
But can't see the case for larger capital base.

Recently see a store in Jusco selling Indonesia's Ubi Kayu. That's what MKH has plan to venture into in Indonesia - Cassava.

平常時多做功課是上策!

Good moment to build property projects in Indonesia as the repatriation of assets from the tax amnesty program is expected to peak by the end of the year.
http://jakartaglobe.beritasatu.com/business/wing-tai-asia-pontiac-group-expand-indonesia-via-rp-1-3t-apartment-project/

MKH is reported to want to follow suit.

Rising oil price is good news to CPO price!
Now that major oil producers agree to cut production (or you may just deem oil production is frozen), the floor price may have been set.
India's CB cuts its interest rate is also good news to CPO price!

http://www.straitstimes.com/asia/se-asia/indonesia-tax-amnesty-hits-90-of-target