This is significant as it changes the exposure structure. Said the Chairman:
...We have started exporting CPO in USD since the tax-free exports announcement in Indonesia late last year. To cater to our fast growing FFB volume, our CPO mill has also been upgraded to 90MT/hour from 60MT/hour.

Land price can only go up over time for both the property and plantation. And it is there you could see.

Starting to leap to another level .. stayed tune.

The low cycle of both the property and plantation is a good reason to enter ..

Major shareholder Chen bought shares via open market.

Major shareholder Chia bought shares via open market.

1. Unbilled property sales increased to RM823 million.
2. From the current land bank, total GDV is RM10 bil .. will be busy for 10 years says RM1 bil a year.
3. Plantation made profit despite low CPO price and FX losses.
4. Exposure to FX is better managed now with more balance US assets and liabilities.
5. Investment property is poised to generate higher income.
6. Very strong positive operating cash flow .. expect higher future dividend.

Released. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1809445

Malaysia, Hong Kong and China were the top Asian recipients, each getting more than 230 billion yen through September ... http://www.bloomberg.com/news/2014-11-26/asia-s-13-carry-return-lures-record-japan-funds-amid-yield-hunt.html

Keep it .. you will enjoy dividend like what Nestle distributes.

MKH's Avenue I & II in Kajang district with GDV close to RM300 mil enjoyed a good if not impressive take-up rate.

The management said .. "We expects Q3 performance to continue to improve against Q2."

QL's associate .. Boilermech announced impressive quarterly results.

submarine .. daily production in Malaysia is 3.5 million.

http://www.theedgemarkets.com/my/article/palm-oil-futures-seen-climbing-oil-world-tree-yields-drop

Invest today is also early bird. QL, with the scale it has now, is capable of repeating the trend probably with higher CAGR. Happy investing!

The company will pay the dividend on 11 Nov .. before it announces its final quarterly results.
Never mind the results may not be that impressive .. but cash pile allows.

It is good that MKH is paying at least 30% out of its profit.
Plantation is cash cow now if no further acquisition.
Property development does not actually use own money.

If not mistaken last year 10 sen need to less tax 25%.
And couple with Bonus Issue, the 8 sen this round is much higher.

WXGWXW .. check out the below projects:
Hill Park Shah Alam - 550 acres
Pelangi Semenyih - 168 acres

Today marks the beginning of the new financial year ..

Both shares suspended ..
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1747021
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1747025

Another 20% up .. 9385

Lay Hong shot up 12% after a director not elected.
Something is brewing ..

ya kenken85 .. solid support from Public Bank holding 10% shares in MKH.

more defensive now .. apparently
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1745629

印尼园丘外资限制取消 种植股起多跌少
http://www.nanyang.com/node/650025?tid=462

http://www.themalaysianinsider.com/business/article/indonesia-to-hike-subsidised-fuel-price-to-cut-budget-deficit

hmm .. defensive move
http://www.theedgemalaysia.com/in-the-edge-financial-daily-today/307593-lay-hong-mulls-cash-call.html

http://www.bloomberg.com/news/2014-09-15/palm-oil-seen-dropping-as-mistry-has-buy-call-on-planter-stocks.html

1. Market values MKH at RM1.5 bil similar to Matrix Concept. But the latter does not have plantation ..
2. IOI bought Unico for RM1 bil for similar hectarage. MKH's property undervalued at RM500 mil.
3. At RM5.70, MKH is valued at RM2.4 bil. Is this value reasonable?
4. Public bank holds 10% interest .. solid support.

Affordable housing is necessity. Edible palm oil is also necessity.

The volume of open positions in Malaysian palm oil futures jumped to a record high this week, suggesting the market may be bottoming out after falling to its lowest price in more than five years.
http://www.themalaysianinsider.com/business/article/open-interest-on-palm-oil-futures-soars-as-industry-specs-bet

MKH intensifies launches .. good pipeline of projects.

SAVILLE@D'LAKE, PUCHONG .. GDV RM200 million.
http://mkhberhad.com/our_businesses/integrated_saville_dlake.aspx

Fenced up .. MKH World with GDV RM800 million.
http://mkhberhad.com/our_businesses/integrated_mkh_world.aspx

MKH Avenue .. GDV RM300 mil .. strategic location .. should be good
http://mkhberhad.com/our_businesses/commercial_mkh_avenue.aspx#tab1
http://mkhberhad.com/our_businesses/commercial_mkh_avenue2.aspx

印尼总统反对外资持股限制 大马种植业者压力减
http://www.nanyang.com/node/647791?tid=462

Now is time to bargain hunt plantation land.

Johann5354 .. thanks for sharing.

Forex exposure can be managed .. suspect MKH managed to increase its USD assets in the balance sheet because the forex loss was not as thought it should be.

lcng123 .. good try. That is 26 sen EPS for FY2014 .. isn't that a decent profit.

Reality checks.
1. Even if CPO price drops to RM1,600 .. plantation will still make profit with growth in FFB production.
2. Property unbilled sales at record high .. visible property profits.
3. Property investment income at least RM12 million a year .. is increasing.
4. NTA per share is RM2.40.

Johari .. the IB for the covered warrants will do the opposite on price upside.

FFB volume full year close to 300 mt .. FFB yield around 20 mt/ha.
Very impressive for average age of the palms of 4.8 years.

Senior Chen bought shares yesterday.
See a chance that the company is building up war chest.
Plantation all matured and upgrading of CPO mill completed .. low capex.
Property .. not really using own money to built.
Low cycle of CPO price provides M&A opportunities.

Wish could have more bullets now ..
What's wrong with the company? Generated higher cash flow .. higher unbilled property sales .. CPO price down but it is not 'out'.

Yealah nvm this quarter. Yes bing .. still a good company with strong orders in the property. Plantation despite FX losses still made profit. EPS this year may be close to 30sen .. next year could reach 40 to 50 sen.

lcng123 .. most of the RM300 million debts are in USD so the USD/IDR movement matters more. Not sure the portion of its plantation revenue and assets are in USD .. which will mitigate.

if have time .. http://www.thestar.com.my/News/Nation/2014/08/25/Era-of-a-horizontal-leadership-Presidentelect-Joko-Widodo-talks-of-the-new-democracy-in-Indonesia/