Your assets are safer than before! http://www.bloomberg.com/news/articles/2016-10-03/jack-ma-in-indonesia-shows-explosive-online-sales-potential

Higher oil price is good news to CPO price!

http://jakartaglobe.beritasatu.com/business/indonesias-tax-amnesty-program-breaks-world-record/

Property developers that are on affordable housing to be boosted by Budget 2017 and rate cut by BNM in November.

Looking forward to see 12,000 level in the next 3 to 6 months.
It broke 13,000 level.
http://www.bloomberg.com/quote/USDIDR:CUR

That's how you see a nation progressing!
http://jakartaglobe.beritasatu.com/business/tax-amnesty-revenue-soars-kadin-members-sign/

While other Southeast Asia countries' currencies depreciate, your investment in MKH has just increased with appreciation of IDR. Very resilient. Many investors flock to Indonesia.
http://www.bloomberg.com/quote/USDIDR:CUR

YiStock sifu thank you for sharing.

官友缘黄德美选股意见分歧 聚美钢铁美景控股谁对谁错？
http://sharesinfo4u.com/archives/33893

On affordable houses, it is safe to assume achievement rate of at least 80%.
Who said MKH is slowing down?

“For the next six to nine months, we are launching more than RM1 billion worth of affordable houses,” he said during a press conference after icapital.biz Bhd investor day 2016 here today.
http://www.thestar.com.my/business/business-news/2016/09/26/mkh-confident-of-meeting-sales-target-for-fy16/

It seems that the JV with PanaHome on Maple project is working well. Japanese construction techniques should bring savings hence better profit margin. MKH should capitalise further on this. Yes, getting more land in Puncak Alam should boost MKH.

Wau! So many properties launches as if good days are back here again. Yes MKH launches Maple Phase 2 after its Phase 1 was fully sold out in Puncak Alam.
Competition is good! What's more you are face to face competing with Eco World. Good response reported at Eco Grandeur launch, a 1,400 acres development adjacent to MKH Hillpark Shah Alam. http://www.theedgeproperty.com.my/content/845022/ecoworld-unveils-eco-grandeur-township-opening-new-sales-gallery

gthhh ... yes but already shifted some to MKH. Find MKH more value and better profit prospects relatively.

Market capitalisation between MKH (1.2 bil) vs Matrix Concept (1.4 bil)
The gap is narrowing but it is still another 50 sen per share to catch up.

IDR keeps appreciating .. kudos to MKH that invested heavily there.
http://www.bloomberg.com/quote/USDIDR:CUR

http://www.thejakartapost.com/news/2016/09/23/indonesia-palm-oil-exports-seen-up-most-in-almost-2-years.html

http://jakartaglobe.beritasatu.com/business/indonesia-tax-amnesty-picks-pace-100000-join-ministry/

http://www.wsj.com/articles/bank-indonesia-cuts-benchmark-rate-1474533793

http://jakartaglobe.beritasatu.com/business/indonesia-c-bank-seen-sutting-key-rate-5th-time-year/

DJ Malaysia September 1-20 Palm Oil Exports Down 12.2% -SGS
--------------------------------------------------------------------------------
Malaysia's palm oil exports during the September 1-20 period are estimated down 12.2% on month at 917,288 metric tons, cargo surveyor SGS (Malaysia) Bhd. said Tuesday.

The following are the major items in the SGS estimate:

(All figures in metric tons)

September 1-20 August 1-20
RBD Palm Olein 400,451 402,287
RBD Palm Oil 54,232 52,821
RBD Palm Stearin 58,672 75,515
Crude Palm Oil 201,610 292,560
Total* 917,288 1,045,079

Major importers of Malaysian palm oil:

European Union 160,055 203,995
U.S. 25,335 54,285
China 150,460 168,050
Japan 36,990 35,050
India 173,300 259,290
Korea 16,700 35,730
Pakistan 45,000 12,000
Bangladesh 29,000 32,950
Egypt 26,550 550
Turkey 57,039 7,500
South Africa 13,000 35,930

*Palm oil product volumes don't add up to total as some products aren't included

SGS Malaysia is a division of the Switzerland-based Societe Generale de Surveillance Group.

(END) Dow Jones Newswires

September 20, 2016 04:04 ET (08:04 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

http://www.thestar.com.my/business/business-news/2016/09/21/palm-oil-hits-five-month-high-as-supplies-tighten/

DJ Malaysia Sept. 1-20 Palm-Oil Exports 914,264 Tons -Intertek
--------------------------------------------------------------------------------
By Lucy Craymer

HONG KONG--Malaysia's palm-oil exports during the Sept. 1-20 period are estimated to have fallen 11% from the previous month at 914,264 metric tons, cargo surveyor Intertek Agri Services said Tuesday.

Another surveyor, SGS (Malaysia) Bhd., is expected to issue its estimate later Tuesday.

The following are the major items in the Intertek estimate:

(All figures in metric tons)

Sep 1-20 Aug 1-20
RBD Palm Olein 397,154 407,826
RBD Palm Oil 43,831 21,424
RBD Palm Stearin 55,526 71,015
Crude Palm Oil 217,010 316,710
Total* 914,264 1,027,039

Major importers of Malaysian palm oil:

China 142,630 137,300
European Union 129,650 199,022
India & Subcontinent 262,650 342,325
Middle East 138,005 36,550

*Palm oil product volumes don't add up to total as some products aren't included.

Write to Lucy Craymer at lucy.craymer@wsj.com, @lucy_craymer

(END) Dow Jones Newswires
September 19, 2016 23:44 ET (03:44 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.

0234 GMT [Dow Jones] A sharp rally in Asia crude palm oil prices on Monday, has supported oilseed futures in the U.S., says Commonwealth Bank of Australia; "Canola oil, with its higher oil content, benefited the most on the day." Key for palm oil prices Tuesday will be the release of export estimate data from both Intertek and SGS later in the session as the market will be looking to see whether export demand continues to hold up. The benchmark palm-oil contract on the Bursa Malaysia Derivatives Exchange closed up MYR84 ringgit a ton at MYR2,649 a ton. (lucy.craymer@wsj.com)

http://jakartaglobe.beritasatu.com/business/indonesia-palm-oil-output-seen-rising-fourth-straight-month-reuters-survey/

DJ Malaysia September 1-10 Palm Oil Exports Down 15.0% -SGS
--------------------------------------------------------------------------------
Malaysia's palm oil exports during the September 1-10 period are estimated down 15.0% on month at 395,970 metric tons, cargo surveyor SGS (Malaysia) Bhd. said Tuesday.

The following are the major items in the SGS estimate:

(All figures in metric tons)

September 1-10 August 1-10
RBD Palm Olein 179,325 215,510
RBD Palm Oil 26,300 19,900
RBD Palm Stearin 30,300 26,200
Crude Palm Oil 44,900 114,350
Total* 395,970 465,743

Major importers of Malaysian palm oil:

European Union 74,680 84,490
U.S. 12,335 14,735
China 67,700 101,390
Japan 20,900 12,173
India 48,000 104,400
Korea 12,700 24,330
Pakistan 30,000 12,000
Bangladesh 19,000 24,500
Egypt 20,150 550
Turkey 5,200 0
South Africa 13,000 8,930

*Palm oil product volumes don't add up to total as some products aren't included

SGS Malaysia is a division of the Switzerland-based Societe Generale de Surveillance Group.

(END) Dow Jones Newswires

gthhh .. CPO stocks in August down 17.29% to 1.45 million tonnes.
http://bepi.mpob.gov.my/index.php/monthly-release/147-monthly-release-2016/820-aug-2016.html

Stocks down 17.29%!

DJ Malaysia's August Palm Oil Exports 1.81M Tons; Up 31% -MPOB
--------------------------------------------------------------------------------
Malaysia's palm oil exports were up 31% on month at 1.81 million metric tons in August, the Malaysian Palm Oil Board said Monday.
The following are details of the August crop data and revised numbers for July, issued by MPOB:

August July Change
On Month
Crude Palm Oil Output 1,701,905 1,585,882 Up 7.32%
Palm Oil Exports 1,812,394 1,384,720 Up 30.89%
Palm Kernel Oil Exports 71,662 69,182 Up 3.58%
Palm Oil Imports 7,807 12,823 Dn 39.12%
Closing Stocks 1,464,491 1,770,650 Dn 17.29%
Crude Palm Oil 757,405 1,020,554 Dn 25.78%
Processed Palm Oil 707,086 750,096 Dn 5.73%

(END) Dow Jones Newswires

September 13, 2016 00:35 ET (04:35 GMT)

http://www.thestar.com.my/business/business-news/2016/09/12/all-systems-go-for-b10-biodiesel/

http://www.theedgemarkets.com/my/article/malaysia%E2%80%99s-palm-reserves-seen-5-year-low-demand-climbs

http://jakartaglobe.beritasatu.com/business/malaysia-aims-harmonize-palm-oil-export-duty-plan-indonesia-minister-2/

http://jakartaglobe.beritasatu.com/business/tax-offices-confidence-boosted-big-names-sign-amnesty-program/
http://www.bloomberg.com/news/articles/2016-09-02/indonesia-tycoons-line-up-for-tax-amnesty-in-boost-for-plan

Can comment the realised CPO price for 9-month ended 30.6.2016 only at RM1,995.

Mark this here http://klse.i3investor.com/blogs/koonyewyinblog/103394.jsp
No right or wrong answer. Timing is key!

"It is not just Malaysia and Indonesia, the points of origin, but also in markets that heavily consume palm oil, so India, China and parts of Europe, they are all tight in terms of inventory position," Concepcion said.
http://jakartaglobe.beritasatu.com/business/palm-prices-climb-tight-supply-output-rebound-looms-golden-agri/

Why the average realised CPO price MKH achieved for the first 9 months was low at RM1,995, compared to other plantation firms with presence in Indonesia such as United P and Genting P? MKH has not entered into any forward CPO selling contract.

Investment horizon 1 to 2 years. TP RM3.50. Core earnings of at least 35 sen with PE 10.

Property division is being transformed and will be exciting when market's sentiment gets better. Maybank yesterday foresees another rate cut this year. Yet to realise its potential and value from partnership with PanaHome. Large beneficiary of MRT project.

Buying cheap into plantation assets with growing contribution. Exciting moments to come with planned landbank expansion and potential venture into downstream business. Indonesia assets will rise in value in tandem with improved economy and appreciating IDR. Likely windfall to shareholders from plantation IPO.

Hui Lee _ The FFB tonnage is encouraging but average CPO realised was still low below RM2,000. This has impacted plantation earnings. CPO wasn't fetching a good price could probably due to the trees are still relatively young.

The plantation earnings should further improve from here, from both prices and volume.

It is good to see its property profit margin improved to 24% from 16%.
It is also good to see its unbilled property sales is still relatively high at RM800 million.
Q4 should see higher property sales with more launches of projects (Hillpark Residence, Boulevard II and TR Residence).

DJ Malaysia Aug 1-25 Palm Oil Exports 1,317,234 Tons - Intertek
--------------------------------------------------------------------------------

NEW DELHI--Malaysia's palm oil exports during the August 1-25 period are estimated up 31.09% on month at 1,317,234 metric tons, cargo surveyor Intertek Agri Services said Thursday.

Another surveyor, SGS (Malaysia) Bhd., is expected to issue its estimate later today.

The following are the major items in the Intertek estimate:

(All figures in metric tons)

Aug 1-25 Jul 1-25

RBD Palm Olein 493,196 417,489
RBD Palm Oil 76,404 96,080
RBD Palm Stearin 90,015 86,017
Crude Palm Oil 427,385 223,680
Total* 1,317,234 1,004,802

Major importers of Malaysian palm oil:

China 187,100 180,900
European Union 251,252 190,729
India & Subcontinent 455,970 239,660
Middle East 54,850 81,255

*Palm oil product volumes don't add up to total as some products aren't included.

Take a glimpse how an affordable housing developer performed!
Sales increased by 63% while profit jumped 70%.
Interim dividend declared.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5186129

Room for BNM to reduce interest rate if the inflation stays too low.
http://www.theedgemarkets.com/my/article/malaysias-july-inflation-11-year

0305 GMT [Dow Jones] If strong Asian crude palm oil prices persist into the fourth quarter of 2016 there may be further upside bias for prices to move beyond MYR2800 per metric ton given seasonally lower production, says OCBC analyst Barnabas Gan. He notes that El Nino has officially passed and the chance of a La Nina is only 55% to 60% in 2H16, and may well be delayed until 2017. The Bursa Malaysia benchmark three-month palm oil contract is down 49 ringgit to 2551 ringgit a ton. (lucy.craymer@wsj.com; Twitter: @lucy_craymer)

1014 GMT [Dow Jones] Asian crude palm-oil price futures rebound from losses to close higher Tuesday boosted by demand from India and topping up of stocks by China. Palm oil shipments from Malaysia, the world's second largest producer after Indonesia, increased more than 25% during August 1-20, from a month ago, according to cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. India is the world's biggest vegetable oil importer and meets most of its annual demand from top producers Indonesia and Malaysia. "India will continue to be the world's largest consumer and importer of palm oil. China too will increase its oil purchases," says a Kuala Lumpur-based trader. Benchmark palm-oil futures for November on the Bursa Malaysia Derivatives Exchange rose MYR32 to MYR2575/ton. (vibhuti.agarwal@wsj.com)

http://bepi.mpob.gov.my/admin2/price_local_daily_view_cpo_msia.php?more=Y&jenis=1M
Average 2016 CPO price
Q1 - RM2,422
Q2 - RM2,599
Q3 so far - RM2,457

Will MKH pay interim dividend or dividend in specie in view of record earnings this year?

Sime Darby just announced Q4 results. It says _ higher average CPO price realised of RM2,636/MT for the quarter under review versus RM2,242/MT in the previous corresponding quarter.

http://www.theedgeproperty.com.my/my/content/856778/mkh-expanding-its-landbank

Palm oil stocks in Malaysia and Indonesia in 2016 and 2017 are projected to stay low.

Commodity Attribute Country 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 2015/2016 2016/2017
Oil, Palm Production (1000 MT) Indonesia 23,600 26,200 28,500 30,500 33,000 32,000 35,000
Malaysia 18,211 18,202 19,321 20,161 19,879 18,250 21,000
MY Exports (1000 MT) Indonesia 16,423 18,453 20,373 21,719 25,964 24,300 25,750
Malaysia 17,151 17,586 18,524 17,344 17,378 17,000 18,000
Ending Stocks (1000 MT) Indonesia 2,390 3,022 3,152 3,210 2,834 1,964 1,914
Malaysia 2,163 2,481 1,784 2,091 2,642 1,882 2,052