http://jakartaglobe.beritasatu.com/business/indonesias-annual-inflation-cools-july/
Reason to ease monetary policy further.

HONG KONG--Malaysia's palm oil exports during the July 1-31 period are estimated up 12.7% sequentially at 1,273,543 metric tons, cargo surveyor Intertek Agri Services said Monday.

Major importers of Malaysian palm oil:
July 1-31 June 1-30
China 217,400 129,900
European Union 262,224 207,960
India & Subcontinent 266,910 326,401
Middle East 126,695 134,250

Look at the yield at 7%. Malaysia only offers close to 4%.
http://www.bloomberg.com/news/articles/2016-07-27/indonesia-s-new-finance-minister-is-boost-for-jokowi-s-tax-plan

Good to Indonesia and IDR!
http://www.bloomberg.com/news/articles/2016-07-27/jokowi-turns-to-indrawati-as-finance-chief-to-help-spur-economy

http://www.thestar.com.my/business/business-news/2016/07/27/improved-sentiment-on-property/

Approaching Q3 results. Without fluctuation in FX, will see how its operating results fare. Market could be expecting another +10 sen with higher CPO price and volume.

Malaysia July 1-25 palm oil exports up 15.1% m/m -ITS
http://www.theedgemarkets.com/my/article/malaysia-july-1-25-palm-oil-exports-151-mm-its

http://www.theedgemarkets.com/my/article/ram-cpo-hover-rm2300-rm2500-rest-year

Exports of Malaysian palm oil products for July 1-20 rose 14% to 817,736 tonnes, from the same period a month earlier, cargo surveyor Intertek Testing Services said on Wednesday.

This was what announced in 2008 when MKH acquired the land.

"The Land covers an area of approximately 15,942.60 hectares. The Land is generally flat with very slight undulation and the soil and climate conditions are suited for oil palm cultivation. The Land has 2 small rivers passing through and is ideal as a source of water for the future oil processing mill. In addition, the main river known as Sungai Mahakam provides an ideal transportation mode to ship out the crude palm oil. Currently, the Land comprises mainly of ‘belukar’ and shrubs and progressive clearing of the Land for the planting of oil palm trees is in progress. Currently, approximately 80 hectares of oil palm nursery has been established.

PT Khaleda has also engaged a professional plantation managing firm to assist in the plantation development of the Land in addition to its own management team comprising of personnels with many years of experience in the oil palm plantation sector in Indonesia. The MKHB Group currently owns and manages several hundred acres of oil palm plantation in Peninsular Malaysia with its first venture in year 1995. In addition, the Executive Chairman of MKHB has more than 18 years of experience in managing oil palm plantation."

MKH received the government grant RM11.7 million in Q1 December 2015 only. Don't think it receives again in Q2 March 2016. So the PBT margin in Q2 should be higher than 17% as mentioned.

Yes I like Super Trees!

http://www.theedgemarkets.com/my/article/indonesia-cbank-seen-cutting-key-rate-again-try-spur-growth

There is room to further cut the OPR. Malaysia's June inflation at 1.6% on year
http://www.theedgemarkets.com/my/article/malaysias-june-inflation-16-year

0214 GMT [Dow Jones] The rally in crude palm oil prices due to weather extremities may resurface into the year end, says OCBC in a note. "Wetter-than-usual weathers in Asia may be seen in 4Q16 which would once again prohibit production." OCBC keeps its year-end CPO outlook at MYR2,800 per ton as weather extremities and lower production should take form into the latter part of this year. Still, downside risk to its forecast exists, especially if poor demand persists. Benchmark palm-oil futures for October delivery on the Bursa Malaysia Derivatives Exchange ended 28 ringgit higher at MYR2,306 per ton on Tuesday. (lucy.craymer@wsj.com; Twitter: @lucy_craymer)

Good and Bad news!
http://jakartaglobe.beritasatu.com/business/indonesia-moratorium-new-palm-planting-include-existing-plantations/

USD/IDR 13,070.00 -17.00 -0.13% As of 2:39 AM EDT 7/19/2016
Citibank has a bullish view on IDR targeting 12,000 as its Government has been moving in right direction. Bond yield is dropping. Foreign funds inflow chasing yield.

Good news to property! BNM may cut OPR again.

KUALA LUMPUR, Malaysia--Inflation in Southeast Asia's third-largest economy likely softened in June, due in part to unchanged retail fuel prices and a higher base last year. The consumer-price index, Malaysia's main inflation gauge, likely rose 1.8% in June from a year earlier, according to the median forecast of seven economists polled by The Wall Street Journal. Inflation in May climbed 2.0% from a year earlier. Malaysia, which has been grappling with softer prices for its oil and gas exports since 2014, is also facing softer domestic demand. On Wednesday, the country's central bank unexpectedly cut interest rates for the first time in seven years, in a bid to maintain economic stability amid global uncertainties. Write to Yantoultra Ngui at yantoultra.ngui@wsj.com

http://www.thejakartapost.com/news/2016/07/18/indonesias-economy-poised-to-grow-5-2-this-year-adb.html

http://www.bloomberg.com/news/articles/2016-07-13/indonesia-sukuk-beats-malaysia-in-attracting-brexit-haven-funds

IDR is trending down to below 13,000.
USD/IDR 13,104.00 +8.00 +0.06% As of 11:47 PM EDT 7/17/2016

http://jakartaglobe.beritasatu.com/business/indonesias-foreign-exchange-reserves-inch-6-2b/
http://jakartaglobe.beritasatu.com/business/tax-amnesty-positive-catalyst-indonesian-stocks-bonds-mami/

http://www.thestar.com.my/business/business-news/2016/07/14/opr-cut-to-boost-demand-in-property-sector/

http://www.bloomberg.com/news/articles/2016-07-13/indonesia-becomes-asean-s-most-valuable-emerging-market-chart

Citigroup is bullish on gold, soybeans and sugar.
http://www.bloomberg.com/news/articles/2016-07-11/citigroup-bullish-on-commodities-as-spending-cuts-curb-supplies

PanaHome is in demand! SImply because Malaysian like Japanese products and its quality.
http://www.businesswire.com/news/home/20160627006495/en/

http://jakartaglobe.beritasatu.com/business/tax-amnesty-help-growth-rebound-contain-deficit-morgan-stanley/
http://jakartaglobe.beritasatu.com/business/tax-amnesty-bill-passage-credit-positive-moodys/

The IPO proceeds will be used for expansion and/or loans reduction, Either way it is to be earning positive. Currently the plantation's loans may cost RM 25 million interest expense annually. Already on the way for more upstream and downstream expansions.

When central bankers do easing, normally it is good to commodities prices!
http://jakartaglobe.beritasatu.com/business/brexit-mess-boosts-prospects-asia-central-bank-easings/

http://www.bloomberg.com/news/articles/2016-07-04/palm-oil-stockpiles-in-malaysia-seen-climbing-as-demand-weakens

No more new land from cutting down trees!
http://jakartaglobe.beritasatu.com/business/palm-oil-firms-ditch-no-deforestation-pact-indonesia/
http://jakartaglobe.beritasatu.com/corporate-news/palm-oil-still-gold-standard-minamas/

http://www.theedgemarkets.com/my/article/la-nina-weather-should-boost-2017-palm-oil-yields-support-prices

There is buy for big quantity but no seller. Bargain buys!

Post Brexit, funds now are chasing for yields.
USDIDR: 13,141.00 IDR -47.00 -0.36% As of 2:57 AM EDT 6/29/2016

A measured leverage by borrowing is good. When IDR strengthens, the assets value is increasing while the liability is dropping. USDIDR 13,160.00 IDR -28.00 -0.21% As of 9:30 PM EDT 6/28/2016

http://jakartaglobe.beritasatu.com/business/tax-amnesty-bill-made-law-tuesdays-house-plenary-session/

Your Indonesia's assets have been growing so as the earnings.
USD/IDR: 13,267.00 IDR -84.00 -0.63% As of 10:40 PM EDT 6/27/2016

IDR against USD is resilient. 13,336.00 IDR -55.00 -0.41% As of 2:17 AM EDT 6/27/2016

Thanks

http://jakartaglobe.beritasatu.com/business/french-parliament-scraps-planned-extra-tax-palm-oil/

http://eresearch.bursamalaysia.com/download.aspx?id=18597&type=research

Property sales improved in 2QFY16. After typically slow 1QFY16, property new sales increased to RM222m in 2QFY16, taking 1HFY16 sales to RM305m (+3% y-o-y). This is quite a commendable performance in view of the soft market sentiment. Unbilled sales remains healthy at RM828m which will underpin earnings visibility over the next two years.

Not many Malaysian plantation companies are achieving this level.
"MKH had initially forecast an FFB yield per hectare of 29 tonnes for FY16, but the group has since set a higher internal target of 35 tonnes."

They have been doing the right things!
http://jakartaglobe.beritasatu.com/business/indonesian-central-bank-lowers-benchmark-rate-chance-boost-growth-emerges/
http://jakartaglobe.beritasatu.com/business/bank-indonesia-lowers-payment-requirement-home-purchase/

It makes lots of sense!
http://jakartaglobe.beritasatu.com/news/indonesias-future-sea-maritime-development-crucial-jokowi/

http://www.thestar.com.my/business/business-news/2016/06/15/indonesia-central-bank-seen-holding-rates-despite-dovish-tone/

Weighing on switching further from Matrix Concept to MKH in view of better and sustainable assets in the latter.

See the ending stock of palm oil in Indonesia!
http://gapki.id/wp-content/uploads/2016/06/Ina-Palm-Oil-Statistics-Data.jpg

http://www.bloomberg.com/news/articles/2016-06-13/indonesia-central-bank-gains-credibility-decades-after-crisis

http://www.thestar.com.my/business/business-news/2016/06/14/cpo-prices-likely-to-get-a-boost/