Can find many companies with this profitability even higher than Gdex trading at market value ranging from 600 to 800 million. Gdex should be rightly valued at 700 to 800 million nothing more. It means Gdex share price could dive half to 13 to 15 sen. Seat tight everyone!

For business that is evolving fast and furious, they need a guy that can run it.

Don't catch the falling knife!

Going by the sales and profitability trend, the reasonable market value should be below 1 billion. Current PE of 74 times is too high. No point to consider this counter for the time being.

When you are slow others will eat into your market share. I've been monitoring this counter for quite some time. No hope!

With this pace of business ... its market value should begin from below RM1 billion.
Currently it is too expensive!

Need to get a real businessman in. He is a trader ..

This company is too slow ..
The market she is in is enlarging .. why so slow to capture?

The quality of its assets improves ..
1. Indonesia's palm oil levy relaxed
2. High over a billion ringgit unbilled properties
3. Higher free cash flow with lower borrowings and capex
4. Some properties matured to be turned into property investment
5. Positive repercussion from the land donation to build a Chinese school
6. Company shares buyback
7. Continuous support from key shareholder Public Bank as vote of confidence
8. Directors have been buying its shares

Interest expense reduced a lot

Another Good News !
http://www.theedgemarkets.com/article/mkh-launch-kajang-east-final-precinct

https://www.reuters.com/article/indonesia-palmoil/update-2-indonesia-to-drop-palm-oil-levy-as-farmers-hit-by-price-fall-idUSL4N1Y13EO

Good News!

Dividend coming?

Nice to be in ... when USD is strong and oil price is lower.

https://www.thestar.com.my/business/business-news/2018/10/17/mkh-selldown-overdone-says-alliancedbs/

Poor Alliance .. always on the wrong side of the forecasting. Call TP RM1.00 before rebounding please.

So what should we do now buy or sell .. going by your logic

PNB dumping make you better off?

Why nobody asks about the property in China?

Good level to aggressively share buyback .. benefit all. Now Quah should ahead of the curve call TP RM1.00 (not met never mind lah since his call all along not met).

This poor analyst Quah keeps asking to buy but keeps lowering the target price.

... and the 10 acres land in China converted to property investment status ... plus borrowings are being liquidated ... Indonesia operations are now cash generation ... plus take-over target ... BUT the share price still drops

No dividend stock .. poor.
If any will only come after 2022.

Will only take a look if the price dives below 0.80.

If you see HY, it crashed from 16 to 6.

Repeat of HY !

Defensive yet presenting growth! Good yield! Long term fund likes it!

Good support although already went up last few days.
Ready to go another level?

More active now.

Actually the yield is quite attractive .. good for holding. Cash flow generating is also good.

Riding on glove story ? Or USD ?

may be entrance price need to lower

Because the turnover not good. Saturday it was less half full .. may be still new.

Interim dividend coming ..

Good defensive stock same time presents certain growth story.

Always heard conspiracy in politic .. now it has come to commercial.

I think they are quite confident on near term. Shanghai outskirts property may be fetching good value where MKH owns 10 acres land.

Today's cabinet meeting - Government wants banks to loosen lending rules for small businesses and first-time home buyers. https://www.malaysiakini.com/news/428526

This guy turns very fast ..

Despite lower profit, the operating cash flows are stronger than the previous corresponding period. This points to operations and recurring profits are actually higher in Q2.

The property in China has a carrying value of RM20.9 million.
After converted to property investment, the return should be a lot higher compared to the current RM1 miilion profit a year. In Shanghai non-prime area, average rent is RMB30 per day per sqm.
If just take RMB10 per day per sqm, the 10 acres land could fetch RM7 million rental income annually. So property investment will enable MKH to earn higher return and the value of the land to increase substantial.

The system they run is ok but the stakeholders' interests are misaligned and unfair hence the business is not sustainable.

Keen to know what value can the property (10 acres) in China fetch when converted into property investment? Distance is about an hour drive to Shanghai City. Ripe for development?

Guess Public Bank is also missing something here as its major shareholder. Why still stick with MKH?

indo operations generate good cash to liquidate borrowing .. soon can frank dividend if no major investment.

idr to watch in q3. kajang 2 sales encouraging.

borrowings also reduced. ffb jumped to highest. think they are on ghe right track.

q2 not too bad lah. unbilled climbed to highest.

There is no point staying invested .. the economic reasons being the business model does not create win-win situations. With technology it is saying only logical to bring savings to all but in this case it is obvious is NOT.

One of the faster ways the government can regularise its finances is to eliminate middleman because really no value add derived from it.

Too fat margins. Don't think the current government to continue. The profits come from the government and the end users. Its elimination means one stone kills two birds.