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2014-12-22 14:31 | Report Abuse
just be patient and wait ... sure reward soon... 2m share buy back from the company at 4.44 / 2.22? u think company will let it below this price? they will push soon....
2014-12-22 12:06 | Report Abuse
better sell... bonia now price is too expensive... pure goreng only... now 0.995 sure drop back to 0.950 soon
2014-12-22 12:05 | Report Abuse
As long it profit and given dividend plus reasonable price... why scared about foreign? when epf coming then the price will up till 3.00 =)
2014-12-22 11:50 | Report Abuse
Very attractive vis-à-vis peers. We estimate FY14-15E core earnings of RM301m-RM376m (62%-25% YoY) on the back of record high unbilled sales of RM1b, FY14-15E property sales of RM1.3b-RM1.6b (30%-23% YoY) and 15% YoY growth p.a. in investment property income. KSL will be trading at FY14-15E core PER of 5.0x-4.0x which is attractive against its mid-cap peer average of 9.0x-8.1x. We would also like to point out that (i) KSL’s earnings growth is also stronger than its peers, (ii) developers that deliver more than RM300m core earnings annually are typically large cap developers with a minimum market cap of RM3b.
More goodies to come? After a 3-year lull without dividend, we reckon that KSL may consider rewarding shareholders since they are opening up to investors. Assuming a conservative 20% pay-out, this translates to FY14-15E DPS of 15.6-19.5 sen or yield of 4.0%-5.0% which is comparable to its peers. Furthermore, the group has RM1.1b of distributable reserves which is more than sufficient to provide investors with 2-3 rounds of 1-for-1 bonus issuance. We believe the group may look into such options to reward shareholders, while improving the liquidity of their share base, which only consists of 386m shares.
FV of RM6.63 based on 50% discount to our FD RNAV of RM13.26. Our RNAV is driven by DCF of future development profits (RM40b GDV @ 20% net margin) at 11% WACC. We have also re-valued its investment properties based on the assumptions above. The applied RNAV discount is steeper than our average 30% applied under our coverage; this is to take into account the possibility of market’s cautious perception of Johor. Our FV implies FY14-15E core PER of 8.5x-6.8x which is still cheaper than its mid-cap peer averages. Trading BUY.
2014-12-22 10:51 | Report Abuse
Ksl still dreaming…. Majority player stuck at 4.20-4.90 = 2.1-2.45… and now trade at 1.97 ?When will the company private it? And why it so undervalue?
2014-12-22 09:37 | Report Abuse
2.00 have a road block 1000 lot… need clear it =) who wanna clear it.? If break 2.10 then 2.30 should no problem =0
2014-12-20 17:26 | Report Abuse
because this 2 year we didnt saw a cheap oil,haha...this time not same
2014-12-20 12:49 | Report Abuse
Ksl fy15 profit will achieve 300k above and revenue 1billion… take note..
2014-12-20 10:20 | Report Abuse
ksl eps current 53 and if q4 result also eps17 or above then it eps for fy14 is 70... and trading at 4.00/2.00 ? so cheap? if i give it eps 70 * 9 also at least 6.30 = 3.15 .... now only 1.97? walao eh... i wan all in already...
i look forward this company fy15 eps should reach 80 and above... this company property quite good... and somemore this company start give dividend to shareholder... so i will all in and wait for money come =) do u guy agree?
2014-12-20 08:07 | Report Abuse
you sure will up?hit limit already,once no ppl buy the share will drop
2014-12-19 17:00 | Report Abuse
director already no share to dispose... so hubline now only can up cannot down =) wait 0.145 only buy lar.. cheap -(
2014-12-19 16:33 | Report Abuse
why he wan to lose instead his own company? our job only can wait ... later those panic buyer will come soon =)belief me
2014-12-19 15:59 | Report Abuse
JUST HOLD HUBLINE LAR... THE REPORT SHOW HUBLINE RECOVERING, AND THE DIRECTOR ALREADY DISPOSE ALL HIS SHARE... NO MORE DROP FOR HUBLINE ALREADY... AND PLUS OIL LOW, BENEFIT FOR HUBLINE PROFIT... SO JZ WAIT IT UP =)
2014-12-19 15:51 | Report Abuse
if the director wont care then he wont buy back share tis few day and company buy at 2mliion share ? for fun meh? and now just few cat playing with 100 unit 100 unit lol... wait big shark coming then the price wont below 2.
2014-12-19 14:56 | Report Abuse
up for sure i know... haha.. director keep buying with high price.. i no care =0
2014-12-19 14:44 | Report Abuse
i don care ex price or b4 ex price... the price 2.01 * 2 is 4.02 only... ksl only 4.02? with this kind of profit and property? at least 6.00/3.00 lar...
2014-12-19 14:08 | Report Abuse
Hey I enter at 2.01 already = ( sad case…. I buy 16000 unit… and wait It reach 3.00 =)
2014-12-19 11:51 | Report Abuse
KSL SEEM LIKE NO SUPPORTER… UP AWHILE THEN DROP AWHILE THEN UP AWHILE.. ANGRY
2014-12-19 07:20 | Report Abuse
0.87 you buy?wait 0.8 la,more safety
2014-12-19 07:17 | Report Abuse
just cat rebound only, with those demand ,impossible up la
2014-12-18 10:22 | Report Abuse
i don know why this counter will drop to 2.25.... this counter solid company.... i will hold till it reach 3.00
2014-12-18 09:38 | Report Abuse
if limit up today is 3.12 still far
2014-12-17 21:06 | Report Abuse
i pity those buyer at 2.70 and above today, today rebound is for take profit not buy... the market still not bad yet,hope tomorrow sustain,if not will see contra player show
2014-12-17 17:13 | Report Abuse
ANYU,我等这个股在跌我才在买。。。 今天根本是panic买。。。上太多了。。。一定会跌回去。。
2014-12-17 14:05 | Report Abuse
anyu, u have wechat? we can chat... haha.. i already sold and buy matrix
2014-12-17 08:21 | Report Abuse
drop a lot already,and this counter not oil counter, somemore usd rate up,benefit for this counter profit.2.50 should no problem
2014-12-16 18:25 | Report Abuse
tomorrow this counter sure up, my 6 sense
2014-12-16 08:16 | Report Abuse
我买在2.36
希望明年会到4.00
2014-12-15 22:03 | Report Abuse
sorry is 121.85
2014-12-15 21:46 | Report Abuse
120.65 usd up to 120.85 usd already aluminum...
up 1%
long term should good this counter
2014-12-15 20:28 | Report Abuse
2.69 consider cheap ,they buy at 3.50
2014-12-15 18:35 | Report Abuse
tomorrow rebound, dow up
fuel up from 55 to 58
aluminum up from 85.50 to 86
2014-12-15 12:33 | Report Abuse
why keep down?2.30 so cheap?
2014-12-11 21:12 | Report Abuse
oil break new low again
airAsia,buy!
2014-12-09 22:07 | Report Abuse
why the profit jump so high?what is gain from measured
Stock: [BONIA]: BONIA CORPORATION BHD
2014-12-22 14:52 | Report Abuse
WHAT I CAN TELL U IS JZ BECAREFUL... DON SO GREEDY