Posted by UncleFollower > 2023-09-14 20:49 | Report Abuse

You are mistaken...this is KSL, that which you mentioned is KSK. Of the 2, KSL is very much larger, and much more established if we are only talking about property

Posted by UncleFollower > 2023-09-15 17:23 | Report Abuse

2 days ago added similar amount to both KSL and UEMS. Look where they are now. I am doubting my choice of holding more KSL, even tho KSL is so fundamentally beautiful. But this now is a momentum driven market, where's your momentum KSL

Posted by nelsonlim > 2023-09-18 11:19 | Report Abuse

adui ksl. lagging je. or expansion too much?

Posted by nelsonlim > 2023-09-18 11:51 | Report Abuse

cum on cum on

Posted by monetary > 2023-09-18 15:03 | Report Abuse

dreaming ka!

Posted by monetary > 2023-09-18 15:03 | Report Abuse

wake up!

Posted by Invest_888 > 2023-09-18 19:33 | Report Abuse

Starts moving up.

Posted by monetary > 2023-09-19 14:10 | Report Abuse

uncle only push kpprop. he abandoned ksl

Posted by katara > 2023-09-19 17:28 | Report Abuse

uncle more confident with kpp :)

Posted by UncleFollower > 2023-09-19 17:48 | Report Abuse

Usually uncle write articles to unload

Posted by UncleFollower > 2023-09-19 17:48 | Report Abuse

This round I don't feel his massive sellling yet unless he doesnt have much

Posted by UncleFollower > 2023-09-19 17:49 | Report Abuse

Also this low volume counter, uncle's larger block average is not that far from current price, so i suspect he is still holding

Posted by monetary > 2023-09-20 07:03 | Report Abuse

if ksl coming qr shows explosive growth pe is even lower

Posted by Fklim888 > 2023-09-20 09:09 | Report Abuse

State of johor will be great again...once Sultan of johor onboard.

Posted by EngineeringProfit > 2023-09-20 09:10 | Report Abuse

Johor = Singapore 2.0

Posted by speakup > 2023-09-20 09:18 | Report Abuse

Ksl & Iwcity dah lari, only Kseng cacat

Posted by monetary > 2023-09-20 11:11 | Report Abuse

lanjau!

Posted by UncleFollower > 2023-09-20 12:40 | Report Abuse

This time Uncle Koon's comments is actually quite fair. Value here is unmatched across all reasonably sized property counters. But there remains a problem that the shareholders are holding 75% and paying themselves 50M a year, and apparently dont care much about share price

Posted by KClow > 2023-09-20 13:07 | Report Abuse

Thats the big problem that makes ksl worthless...no point having so many good point and one big big issue that overshadows the positives. Best stay away or be ready to wait 10 years for change. Lol

Posted by KClow > 2023-09-20 13:08 | Report Abuse

Buy osk instead better much much better.😀

Posted by newuser > 2023-09-20 14:29 | Report Abuse

no doubt with good earning but paying own pocket and didn't reward shareholders, so what is the point to hold?

Posted by UncleFollower > 2023-09-20 16:29 | Report Abuse

Very curious this price action Uncle KYY is the buyer or seller

Posted by UncleFollower > 2023-09-20 16:30 | Report Abuse

You know with his $ and the strong fundamentals, if he wants he can actually push it to $2, or dump it to 80 cents

Posted by monetary > 2023-09-20 16:51 | Report Abuse

in bursa buying low pe stock is suicidal

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-09-20 21:29 | Report Abuse

Gruesome company.

Performance Info
ROE - 5 Yr Avg
4.62
ROE - Latest FY
5.45
PX Growth Rate - 5 Yr Avg (%)
9.93
DPS Growth Rate - 5 Yr Avg (%)
NM
EPS Growth Rate - 5 Yr Avg (%)
-7.74
Latest YR D/E
0.02
NAB/Share (RM)
3.24
Latest PX / NAB
0.35

Posted by 8888_ > 2023-09-21 04:38 | Report Abuse

8 years no dividend?

Posted by KClow > 2023-09-21 09:39 |

Post removed.Why?

Posted by Yean Shin > 2023-09-21 10:36 | Report Abuse

So sad, used to be a performing counter now become a joke

Posted by moven00 > 2023-09-21 10:44 | Report Abuse

Sudah Baling

Posted by JrWarren > 2023-09-21 10:45 | Report Abuse

Ku Khoo stock has attractive fundamental and lower PE, but Ku Khoo pays themself big fat check and left minority shareholders in limbo. 80% shares are holding by own people, if Ku Khoo argue share price not reflect true business value as excuse to privatization KSL, then offer cheap discount price over the NTA, minority shareholders have no choice but to swallow this pill.

Posted by yfchong > 2023-09-22 07:12 | Report Abuse

Let's see need. A strong 💪 pusher just above 1.50 will be good

Posted by Invest_888 > 2023-09-22 08:49 | Report Abuse

Earning is absolutely fantastic but no dividend. If can pay 30% earning and with property uptrend, share price can go above RM1.50 easily. But, when the executive directors want to pay the dividend?

Posted by monetary > 2023-09-22 09:28 | Report Abuse

Still got pulse

Posted by cheeseburger > 2023-09-22 13:33 | Report Abuse

guys this is not a dividend stock. Dont dream it is.

Posted by UncleFollower > 2023-09-22 15:37 | Report Abuse

Not defending KSL, but if you take 5YR avg for a Msia property counter, you will likely be misguided. That would have been among the worst 5 years in the last 2 decades. Stocks are valued on future earnings, not the past.



Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Gruesome company.

Performance Info
ROE - 5 Yr Avg
4.62
ROE - Latest FY
5.45
PX Growth Rate - 5 Yr Avg (%)
9.93
DPS Growth Rate - 5 Yr Avg (%)
NM
EPS Growth Rate - 5 Yr Avg (%)
-7.74
Latest YR D/E
0.02
NAB/Share (RM)
3.24
Latest PX / NAB
0.35

1 day ago

Posted by dompeilee > 2023-09-22 15:46 | Report Abuse

Sizeable SHORT position @ $1.119...don't let them cover with a profit!

Posted by yfchong > 2023-09-22 19:26 | Report Abuse

Koon kee power

Posted by yfchong > 2023-09-24 12:18 | Report Abuse

Fight of Taitan

Posted by monetary > 2023-09-25 07:36 | Report Abuse

last call. departure gate closing soon.

Posted by StartOfTheBull > 2023-09-25 09:23 | Report Abuse

At the moment, KSL is the most undervalued stock among developers in Iskandar Malaysia.

Posted by StartOfTheBull > 2023-09-25 10:04 | Report Abuse

Developers with Johor exposure:
Number of acres:
UEM Sunrise 5,103
Ecoworld 114.6
SP Setia 114.8
Sunway 1,602
E&O 62.8 (joint venture)
Mulpha International 904
KSL 236.2
KL Kepong 500 (joint venture)

Source: TheEdge Malaysia

Posted by UncleFollower > 2023-09-25 14:37 | Report Abuse

That 236 acres refer to that in Pulai only. This grossly understates KSL's johor exposure. KSL is through and through a Johor developer, then Klang. Improved connectivity to SG itself means a lot more to KSL Mall. Ordinarily it wouldn't mean much, for larger corps like SP Setia, Sunway, for instance. It's meaningful for KSL becasue it's market cap is still smallish, and the concentration in Johor exposure means the circa $100M quarterly profit could go further up. Further there's easy realisation value if they inject rental assets into a KSL REIT

Posted by UncleFollower > 2023-09-25 14:37 | Report Abuse

Still, the no dividend policy and 50M director fees will remain problems. Also the management's reluctance to deal with analysts. In short, they don't care and there's nothing minority shareholders can do

Posted by monetary > 2023-09-26 07:32 | Report Abuse

this is a cyclical stock. the cycle could be as long as 5 to 10yrs. u ain't going to hold long-term. why bother about dividend?

Posted by speakup > 2023-09-26 07:44 | Report Abuse

owners taking opportunity of johor theme to goreng mah
cannot meh?
better than KSeng got landbank in Johor also cannot up. or Mphbcap got landbank in Johor also cannot up

Posted by UncleFollower > 2023-09-26 12:51 | Report Abuse

I am heavily long this stock too. But the more I think about it the way they do things is a concern

FY22 profit before tax 217M. Ballpark figure they took 50M in fees, so you add it back pbt was around 267M, of which they took 50M. That's close to 19% of pbt, for a circa 75% controlling stake

Posted by UncleFollower > 2023-09-26 12:51 | Report Abuse

FY23 say 400M. Let's see what they do. I realised they can actually pay themselves 80-100M in fees, and we can't do anything about it.

Posted by UncleFollower > 2023-09-26 12:52 | Report Abuse

My concern is owners dont want to goreng this stock. They rather keep it low and privatise it.



speakup

owners taking opportunity of johor theme to goreng mah
cannot meh?
better than KSeng got landbank in Johor also cannot up. or Mphbcap got landbank in Johor also cannot up

5 hours ago

Posted by UncleFollower > 2023-09-26 12:56 | Report Abuse

The huge fees is really odd la. It's not tax efficient given that they own so much.

Posted by UncleFollower > 2023-09-26 12:57 | Report Abuse

I am holding a sizeable position here and trading a bit like from 1.06 - 1.14 so far...still like this very much. Throwing the above to forum hoping for more views cheers