Posted by kennyng > 2016-04-25 18:00 | Report Abuse

Haha... Syed you got wrong information.

Posted by SyedIbrahim > 2016-04-25 19:18 | Report Abuse

Salam sejahtera sahabat, info sy betul dan tetap, announcement baru utk free bonus bila2 masa je lepas announcement treasury share distribution. Believe it or not, price anytime pecut lebihi 1.80

Posted by SyedIbrahim > 2016-04-25 19:20 | Report Abuse

Harga sekaranga dah 1.30-1.40, kalu pengumuman free warrant dan share split satu jadi 2 baik lah utk Kita semua ikan bilis ni.

Posted by VenFx > 2016-04-27 10:28 | Report Abuse

BUYYYYY

Posted by Jonathan Keung > 2016-04-28 11:54 | Report Abuse

Company announcement : Special Dividend on the basis of 1 treasury share for every 100 existing ordinary share. Ex-date 09 May 16 Payment Date : 25 May 16

Posted by kennyng > 2016-04-28 18:05 | Report Abuse

Syed, your good new already announce..

Posted by kennyng > 2016-04-28 18:17 | Report Abuse

But price no move.

Posted by SyedIbrahim > 2016-04-28 21:15 | Report Abuse

Sahabat kennyng kan dah saya cakap anniunment terkini sabar Akan kuar bila2 masa , sabar

Posted by eht6769 > 2016-04-29 09:05 | Report Abuse

rm2.5

Posted by qwerty > 2016-04-29 11:53 | Report Abuse

MULTIPLE PROPOSALS MINHO (M) BERHAD ("MINHO" OR THE "COMPANY") (I) PROPOSED SHARE SPLIT; (II) PROPOSED FREE WARRANTS ISSUE; (III) PROPOSED PRIVATE PLACEMENT; AND (IV) PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Posted by qwerty > 2016-04-29 11:53 | Report Abuse

Part A : Statement to shareholders in relation to the proposed renewal of authority for the company to purchase its own ordinary shares of up 10% of the issued and paid-up share capital of the company Part B : Circular to shareholders in relation to the proposed new and renewal of shareholders' mandate for recurrent related party transaction of a revenue or trading nature

Posted by oldchinaman > 2016-05-03 00:08 | Report Abuse

target rm2

Posted by Lcb Vanson > 2016-05-04 10:21 | Report Abuse

buy today, go go go

Posted by oldchinaman > 2016-05-05 01:22 | Report Abuse

DONT BUY TODAY T+3 DUE TODAY,T4 ALSO CANT BUY,FORSED SELLING,TRY TO BUY NEXT WEEK

Posted by mijibaik > 2016-05-25 19:09 | Report Abuse

Buy mode. Buy back company. Something coming

Posted by Jayd3 > 2016-05-26 16:01 | Report Abuse

QR released !

Posted by Jonathan Keung > 2016-05-31 10:13 | Report Abuse

approved by Bursa share split and free warrant . announcement yesterday

Posted by Jonathan Keung > 2016-05-31 10:23 | Report Abuse

Bonus share also credited into CDS account

Posted by Jonathan Keung > 2016-05-31 16:19 | Report Abuse

Volume just play up (out of the blue ) something is cooking. could be their piece of land at Meru. next to community colledge centre or land revaluation

Posted by eht6769 > 2016-05-31 17:56 | Report Abuse

bull coming this counter break 1.6 tomorrow, RSI >70

Posted by Jonathan Keung > 2016-06-01 10:16 | Report Abuse

this counter needs some IB promotions. sitting at value rich land valuations at meru, klang ( next to community colledge) long time never revalue. NTA > 3.00

Posted by SyedIbrahim > 2016-06-01 20:28 | Report Abuse

Target price 0.90, masa tepat skrg utk serbu share, buy now !

Posted by Michael Lim Song Song > 2016-06-02 00:38 | Report Abuse

Good idea buy buy

Posted by DannyTanSiongKee > 2016-06-02 00:40 | Report Abuse

Micharl Lim, you don't song song go buy Minho

Posted by Kong Ming > 2016-06-02 15:46 | Report Abuse

oh heaven im coming !!!

Posted by eht6769 > 2016-06-02 15:55 | Report Abuse

high close > as 100 days resistance .....chance is go further high

Posted by Jonathan Keung > 2016-06-02 16:06 | Report Abuse

looking at the past price trends. somebody ? is slowly accumulating and bang the volume goes up. after that price will go sideway 1-2 days. bang higher again. something is brewing. this is just my guess

Posted by SyedIbrahim > 2016-06-02 19:58 | Report Abuse

Sahabat sekelian , beli lah je TP 0.90

Posted by Jonathan Keung > 2016-06-07 11:10 | Report Abuse

bursa Ninja 91 any updates on their AGM ?

Posted by Jonathan Keung > 2016-06-07 16:30 | Report Abuse

tqvm bursa ninja 91

Posted by YK Yap > 2016-06-08 09:59 | Report Abuse

What r the good point

Posted by lai81533 > 2016-06-12 18:29 | Report Abuse

Stronf

Posted by lai81533 > 2016-06-22 19:03 | Report Abuse

Good

Posted by SyedIbrahim > 2016-06-24 20:10 | Report Abuse

Buy call TP0.90 after split he...he...hehe

Posted by charlie chia > 2016-07-11 22:25 | Report Abuse

Agm tomorrow

Posted by mijibaik > 2016-07-12 11:28 | Report Abuse

Huat huat huat.

Posted by UncleLim > 2016-07-12 21:15 | Report Abuse

Syed Ibrahim,
After EGM approvals today, we now wait for ex-date announcement.
The whole thing could take at least 2-4 weeks to complete.

Your TP looking more and more likely:)

Posted by Jayd3 > 2016-07-15 18:13 | Report Abuse

share split & free warrant
EX-date : 27 July 2016
Entitlement : 29 July 2016

Posted by charlie chia > 2016-07-15 21:53 | Report Abuse

Huat lah

Posted by kennyng > 2016-07-16 13:28 | Report Abuse

Minho (M) Bhd, primarily a manufacturer and exporter of timber products, will soon be doing what it had earlier hinted to its shareholders, that is to expand into new property projects.

Finance director Khibir Razali says the Klang-based company is looking at developing two parcels of land, totalling 163 acres that are located in Chenor, Pahang and Jeram, Kuala Selangor.

He says the rest of the firm’s landbank has already been developed, mostly into factories to support its timber operations, and there are plans now to monetise this remaining 163 acres.

“Actually, the piece of land in Chenor which totals 145 acres currently houses one of our factories but we may have to move soon as there is plenty of development taking place around that area, when we move, we hope to develop that piece of land for housing,” he tells StarBizWeek.

Minho’s parcel of land in Jeram meanwhile, is about 18 acres.

Last year, the company hinted to its shareholders via its annual report that its property segment, could be seeing more activity soon even as it was planning a “cautious” expansion into “new niche projects” .

Observers say the move to unlock the value of these 163 acres should go down well with its shareholders.

“That’s the plan, we are discussing it,” Khibir says.

Minho is asset-rich, having parcels of land that are mostly located in the prime commercial area in Klang and properties worth more than RM360mil as at Dec 31, 2015.

Still, the company which is controlled by Datuk Loo Keng An is a smallish company in terms of market capitalisation. Based on its stock’s closing price of RM1.66 yesterday, Minho has a market value of about RM180mil, half of what its assets are worth.

On the radar

The firm has been on the radar lately and this week shot close to a one-year high of RM1.70 as shareholders approved its proposed share split and free warrant disbursement proposals.

This week alone, Minho’s stock added 11%, trading between a low of RM1.53 and touching RM1.70 in yesterday’s trading.

However, at RM1.70, it is still trading at a 46% discount to its net tangible assets of RM3.14 per share.

Khibir says Minho which made its foray into property development with its Taman Desa Bukit Nilam residential development project in Meru, Klang two years ago, will still continue to have timber as its core business.

“That’s not going to change but property development is something that will help us boost our income and unlock some value.”

The company is mainly involved in kiln drying and chemical preservative treatment, manufacturing and exporting moulded timber and related products, trading in logs supply and timber products, the operations of a fully-integrated timber complex and the manufacturing and distribution of industrial paper bags.

Over 90% of its profits currently come from its timber operations.

It is in a net cash position with cash and cash equivalents amounting to some RM49mil, based on its latest quarterly figures.

Khibir says the group is on the lookout for more land, which it should be able to finance via internal funds and bank borrowings.

“We are not in a hurry but definitely open to buying more land.”

In Minho’s latest annual report, the export-driven company points out that volatility in forex is still prevalent. Hence, it says, it will “exercise caution with emphasis on efficiency and marketing strategies.”

For the financial year ended Dec 31, 2015 (FY15), Minho made a net profit of RM17.4mil or 15.81 sen per share compared with a net profit of RM5.8mil or 5.28 sen per share in FY14, attributed mainly to better demand for the group’s products.

However, for its latest first quarter ended March 31, it reported a net profit of RM7.4mil or 6.71 sen per share, 33% lower than a net profit of RM11mil or 10 sen per share for the same period, a year earlier as a smaller area of 765 acres was logged compared to 1,520 acres logged in the previous corresponding quarter.

In line with the smaller area logged, the revenue for the segment had declined by RM4.99mil while pre-tax profit also came down by RM4.11mil.

As for its property business, until Minho’s new property projects kick in, its revenue from this segment should be minimal apart from some rental received as its flagship Meru project has been fully completed and 100% sold.

Posted by charlie chia > 2016-07-16 17:00 | Report Abuse

Good to keep

Posted by charlie chia > 2016-07-17 23:33 | Report Abuse

Tomorrow up up up

Posted by wtclau > 2016-07-18 10:52 | Report Abuse

Looking good.........by 5.00pm can reach 1.80?

Posted by charlie chia > 2016-07-18 12:33 | Report Abuse

Go for Warrant and Split

Posted by kennyng > 2016-07-18 13:35 | Report Abuse

Worth more than RM 3.60 per share..

Posted by davidqsk > 2016-07-18 14:59 | Report Abuse

1qrt aftertax profit Rm8.5M against 4qrt Rm0.185M. Profit up so share price also up. TP 2.00

Posted by charles_cty > 2016-07-18 15:28 | Report Abuse

still can enter at 1.78...??

Posted by charlie chia > 2016-07-20 22:43 | Report Abuse

3 more trading before X on 27 July

Posted by charlie chia > 2016-07-22 15:22 | Report Abuse

2 more trading days before X

Posted by varen88 > 2016-07-25 10:26 | Report Abuse

meaning ? if i bought the share before X date, company will buy back? or selected period shares ?