MKH BERHAD

KLSE (MYR): MKH (6114)

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Last Price

1.17

Today's Change

-0.01 (0.85%)

Day's Change

1.17 - 1.20

Trading Volume

247,800


14 people like this.

4,877 comment(s). Last comment by innocent9331 2 weeks ago

Posted by Kim Yap Lau > 2012-02-07 21:31 | Report Abuse

Buy or sell?

kcfan

1,881 posts

Posted by kcfan > 2012-05-06 17:30 | Report Abuse

時間將證明,在印尼東加里曼丹的近4萬英畝(約1萬6000公頃)優質油棕園,將成為美景集團(MKH,前Metro Kajang)皇冠上的寶石。
美景靠產業發展起家,在產業領域奮鬥了二十多年,成績斐然,但每股淨利,始終在20仙水平,徘徊不前,無法取得突破。
該公司創辦人也就是美景執行董事主席拿督曾貴秋知道,地皮越來越難找,也越來越貴,單靠產業要在業績上更上一層樓,談何容易。
看好油棕業潛能
經過深思熟慮,他認為油棕業潛能無限,於是5年前就鎖定油棕為發展對象,全力以赴,尋找土地種油棕,皇天不負苦心人,他的努力,在2008年取得突破,成功的在該年1月18日,買到了東加里曼丹一段近1萬6000公頃(近4萬英畝)極適合油棕生長的土地,地契為35年,可再延長25年,使他圓了進軍棕油業的夢。
經過4年的拼搏,克服無數困難,一個生機蓬勃的美麗油棕園,終於在東加里曼丹的荒原上冒現。
由於行事低調,行軍秘密,只在每年的年報中簡報進展,所以,這項計劃了解的人不多,投資界也不洞悉其盈利潛能,使美景的股價,只是跟隨股市大勢,未有特出表現。
實際上,在2008及2009年這兩年中所種植的2萬3475英畝,已果實累累,首間每小時提煉60公噸鮮果串的榨油廠,已於最近落成,作好迎接大量棕果的準備。
媲美吉隆坡甲洞油棕園
以4年的時間(2008-11)完成1萬5000公頃(3萬7000英畝,其餘為基本設施及少量不適合種植的廢地)的種植工作,總投資額約3億令吉,預料還要投資5000萬令吉,以進一步完善設施,這項計劃的最終投資額將達到3億5000萬令吉。今後的工作是把油棕園管理好,隨著油棕逐步成熟,盈利將與日俱增。
22年需翻種
油棕種下後,第三年開始結果,但果實不多,仍無利可圖,產量逐年增加,到第五年盈利開始出現,盛產期為6-18,即第六年到第18年之間產量保持顛峰狀態約12年,過後產量將走下坡,通常到22年就需要翻種。
美景的1萬5000公頃油棕園(只算種植面積),到盛產時期,每年能賺多少錢?
決定油棕園盈利的因素很多,主要的為原棕油價格,每公頃產量,棕果煉油率,成本等。
美景的油棕園,地質屬上乘,足以媲美吉隆甲洞的油棕園。我們不妨根據吉隆甲洞的油棕園盈利表現,窺探美景油棕園將來對美景的盈利貢獻潛能。
盈利潛能需考量成本
根據吉隆甲洞最近出爐的2011年報,該公司去年每公頃成熟油棕的鮮果產量為22.17公噸,原棕油提煉率為21.44%,每公噸原棕油的生產成本為1066令吉,以每公噸2958令吉的售價,每公噸淨利為9783令吉(以此申算,如果每公噸售價為3000令吉的話,每公頃的淨利為9922令吉)。
美景的油棕園屬上乘,在產量和煉油率方面可媲美吉隆甲洞,但在成本方面,由於是在印尼,將高過吉隆甲洞,每公噸原棕油的全國生產成本約為1300令吉,美景的成本應該與全國的平均數接近,即每公噸1300令吉。
現在讓我們根據以下標準來計算美景油棕園盛產期的盈利潛能:
每公頃鮮果產量:22公噸。
煉油率:21%。
每公頃原棕油產量:4.62公噸
每公噸生產成本:1300令吉

美景每股淨利增加額是根據美景以10送1發紅股後的實收資本2億9000萬股計算。
以上是單單油棕園對公司的盈利貢獻。必須指出的,這是油棕園盛產期的盈利潛能。
由於原棕油價波動激烈,受氣候及其他因素影響,鮮果產量可能超過或低過22公噸,成本也可能與1300令吉有出入,所以,實際的盈利可能與上述預測有相當大的差別。
上述數字,只是作為參考而已。
美景集團業務分三類
⑴油棕:如上述。
⑵產業。
⑶建築承包。
地庫足供​​10年​​發展
在產業方面,該公司目前的地庫足供10年​​的發展,一路來,產業為該公司帶來每股約20仙的盈利,預料未來數年,仍能保持此紀錄。
必須指出的是,該公司所擁有的地皮,是在產業暴漲前買進,目前價格最少已上漲了一倍。
輕易保持過去盈利
尤其是Kajang 2的地皮,現在肯定已增值超過一倍以上。
由於地皮買價低廉,而產業價格已暴漲數十巴仙,故可以取得比數年前更高的賺率。
該公司產業部要保持過去的盈利,應是輕而易舉的事。
在建築承包方面,該公司最近取得一項6億7500萬令吉的合約,將依約(IJOK)的一段550英畝屬於電訊局的土地,發展為一個新的住宅區,550英畝可建排屋5500間。
這項合約每年價值為​​1億3500萬令吉,以10%的賺率計算,每年將可以為該公司賺進1350萬令吉,每股淨利將增加4.65仙。
讀者可以根據該公司每年從油棕業、產業和建築業的盈利貢獻,計算出該公司中長期的每股淨利,從而預測股價趨向。
必須指出的是,在短、中期,產業和建築業仍為主要的盈利來源,在中、長期,油棕業將扮演更重要的角色。
油棕業將使美景集團,由一隻中規中矩的產業公司,蛻變成具有巨大潛能的成長股。

Posted by Maria Kamaruddin > 2012-05-07 22:29 | Report Abuse

we still respect you as Malaysian..terima kasih.

kcfan

1,881 posts

Posted by kcfan > 2012-05-07 23:11 | Report Abuse

Time will prove that high quality oil palm plantation in East Kalimantan, Indonesia's nearly 40,000 acres (about 16,000 hectares), will become the Mayfair Group (MKH, before the Metro Kajang) crown jewel.
Beauty rely on the development of the industry started in the industrial sector struggled for more than 20 years success, but the net profit per share, and always in the level of 20 cents, floundered, unable to make a breakthrough.
The company founder is the beauty of the Chairman of the executive director Datuk once your autumn to know more and more difficult to find land, but also more expensive, rely on the industry to new heights in performance, easier said than done.
Optimistic about the potential of the oil palm industry
After careful consideration, he believes the unlimited potential of the oil palm industry, so five years ago to lock the oil palm for the development of object, go all out, looking for land to plant oil palm, franchisees make a profit, his efforts, a breakthrough in 2008, January 18 in the year to buy in East Kalimantan, a period of nearly 16,000 hectares (40,000 acres) is very suitable for oil palm grown and on land, the lease for 35 years, may be extended for 25 years, making him a round of to enter the dreams of the palm oil industry.
After four years of hard work to overcome countless difficulties, a vibrant and beautiful palm oil plantation, now finally take in the wilderness of East Kalimantan.
Act low-key, secret march, progress in its annual report in the briefing, so this program to know not many people, the investment community is no insight into its profitability potential, the beauty of the stock, just follow the stock market trend no outstanding performance.
In fact, the 23,475 acres planted in 2008 and 2009, two years have been the fruit of their first hour extracted 60 tonnes of fresh fruit bunches of oil extraction plant, has recently been completed, we are preparing to welcome a large number of palm fruit preparation.
Comparable to Kuala Lumpur Kepong oil palm plantation
Completed four years (2008-11), 15,000 hectares (37,000 acres, the remaining infrastructure and a small amount is not suitable for the cultivation of waste land) planted with a total investment of about 300 million ringgit is expected to also invest in RM50 million to further improve the facilities, the plan's final investment will reach 300 million to 50 million ringgit. The future work is the oil palm plantation management is good, as the oil palm and gradually mature, the earnings will be growing.
22 years to be translated
Oil palm planted after the third year results, but the fruit small, is still unprofitable, production increased year by year, to five years earnings began to appear, the busiest time of 6-18, the sixth year in 18 years maintain peak condition between the yield of about 12 years, after which production will go downhill, turned kinds was to 22 years.
The beauty of the 15,000 hectares of oil palm plantations (counting only acreage), to the rich period each year how much money?
Determine the profitability of oil palm plantations are many factors, mainly for crude palm oil prices, the yield per hectare, palm fruit oil refining rate, cost, and so on.
The beauty of the oil palm plantation, the geology is excellent, Geelong A hole is comparable to oil palm plantations. We might as well based on the profitability of oil palm plantation of Kuala Kepong performance, spy on the beauty of oil palm plantation on the beauty of the future earnings contribution potential.
Earnings potential need to consider the costs
Kuala Kepong recently released 2011 annual report, the company last year for every hectare of mature oil palm fresh fruit yield of 22.17 tonnes of crude palm oil extraction rate of 21.44% per metric ton of crude palm oil production costs 1066 ringgit per tonne 2958 ringgit price per metric ton net profit for 9783 ringgit (this application to count, if the price per metric tonne to RM3, 000 per hectare net profit for 9922 ringgit).
Beauty is a superior oil palm plantation, production and refining rate comparable to Kuala Kepong, but in terms of cost, because it is in Indonesia, will be higher than Kuala Kepong, production costs per tonne of crude palm oil (CPO) is about 1300 ringgit , the beauty of the cost should be close to the national average, 1300 ringgit per metric ton.
Let us now to calculate the profit potential of the beauty of oil palm plantations abound of the following criteria:
Fresh fruit yield per hectare: 22 tonnes.
Refining rate: 21%.
Per hectare of crude palm oil production: 4.62 tonnes
per tonne of production cost: 1300 RM

The beauty of diluted earnings per share increase in the calculation of paid-in capital based on the beauty of 10 get a bonus issue, the real 200 000 000 9000 shares.
These alone, oil palm plantation on the company's profit contribution. Must be pointed out, which is rich of the earnings potential of oil palm plantation.

Posted by Kim Yap Lau > 2012-05-07 23:24 | Report Abuse

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Posted by Kim Yap Lau > 2012-05-30 17:48 | Report Abuse

http://adf.ly/98lDI

skamyin

2 posts

Posted by skamyin > 2012-05-30 22:57 | Report Abuse

我看现在是时后离场了,市场上看来真不乐观,看好时机再来吧.

kcfan

1,881 posts

Posted by kcfan > 2012-07-05 21:37 | Report Abuse

MKH's uptrend is likely to extend after it reached a five-year high yesterday. A purchase can be made above RM2.20, while a close below yesterday's low of RM2.06 can be employed as a stop-loss. The price target is RM2.70, with selling also anticipated at RM2.50. Failure to close higher may signal a false breakout while weakness is confirmed on a close below RM1.90. Strong support lies at RM1.70.

kcfan

1,881 posts

Posted by kcfan > 2012-07-06 21:05 | Report Abuse

(MKH 6114, the motherboard industry group) industry sales revenue will be accounted for, plus earlier grab won the $ 600 million $ 75 million ringgit main contract (Turnkey Contract), and planted pre-2013 business start contributing, OSK Research bullish on the stock with good growth potential.
OSK noted that, since the sale of non-Muslim farming business, the holding of beauty has been transformed into a Shariah-compliant stocks, only less than 5% turnover from non-Muslim business.

"The MKH the Kajang area well-known property developers, currently holds seven industrial projects, unbilled sales ended in March of this year reached 300 million 9,000 8.3 million ringgit in the first half date grab won the extra $ 201 4.8 million ringgit new sales, the company's annual sales target of 500 million ringgit.
For the company in April this year, Alam Resources awarded the main contract of $ 600 million $ 75 million ringgit in the Snow region of melon 550 acres of land for residential and commercial industry, said OSK are still assessing the plan contribution, but the plan The special nature, does not foresee the next two years and then grab won similar contracts.

MKH in Kalimantan, Indonesia in
2008 the acquisition of 10 005 thousand 942 hectares Basement has been full most of the basement of the first batch of 3 000 200 ha of fruit trees is expected to mature this year, tip of anticipate planting business starting next year for the first time make a positive contribution.

Intention to maintain the dividend payout rate of 22.2%
In addition, the company's management also plans to maintain a dividend of 5 cents per share, equal to the dividend payout rate of 22.2 percent, or 2.5% dividend yield.
Consideration of future growth potential, OSK believes that the future stock price upside, the target stock valuation will be set at 8.33 times the PE ratio, the reasonable price of 2 ringgit 34 cents, but did not give any rating.

kcfan

1,881 posts

Posted by kcfan > 2012-07-09 21:05 | Report Abuse

Continue on uptrend...Another good day's for MKH.Cheer

wyq89

15 posts

Posted by wyq89 > 2012-07-10 09:43 | Report Abuse

still can enter by this current high price ?

kcfan

1,881 posts

Posted by kcfan > 2012-07-10 12:45 | Report Abuse

Fair value price meet as current PE ratio.

kcfan

1,881 posts

Posted by kcfan > 2012-07-10 20:38 | Report Abuse

MKH ( 6114 : 2.60 ) : Take profit

Description

Resistance : 2.64 2.86
Support : 2.52

RSI of 90
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 6/7/2012 buy call at 2.38, we are recommending to take profit as it has hit the target of 2.60

Trading Strategy
Take profit

Source:Jupiter Securities Research 10 July 2012

kilrathi

303 posts

Posted by kilrathi > 2012-07-11 08:39 | Report Abuse

for long term, i think MKH can see it breaking RM 3...

kilrathi

303 posts

Posted by kilrathi > 2012-07-23 20:21 | Report Abuse

wow... MKH come down again ... 2.47 .... time to buy ??

Posted by Siow Wei Sen > 2012-08-06 17:30 | Report Abuse

It will go to RM5-6 within 2 years in future.. believe it.

Posted by danielttoob > 2012-08-16 07:33 | Report Abuse

soon across rm3...right share + bonus share

kcfan

1,881 posts

Posted by kcfan > 2012-08-16 07:49 | Report Abuse

Potential growth counter.collect more during weakness.

kilrathi

303 posts

Posted by kilrathi > 2012-08-16 20:00 | Report Abuse

good price to collect now ... RM 3 ... soon ...

Posted by danielttoob > 2012-08-23 11:13 | Report Abuse

Awaiting corporate results to stimulate the sp

Posted by danielttoob > 2012-08-30 13:55 | Report Abuse

Double up results also sleeping...

Posted by danielttoob > 2012-09-14 19:21 | Report Abuse

Recover...

Posted by danielttoob > 2012-10-22 18:36 | Report Abuse

Sooner...

Posted by danielttoob > 2012-12-05 16:14 | Report Abuse

Right issue due today for entitlement.....

kilrathi

303 posts

Posted by kilrathi > 2012-12-05 20:24 | Report Abuse

so i am holding MKH shares, what will i be entitle? how to use it ?

willyy

200 posts

Posted by willyy > 2012-12-05 20:40 | Report Abuse

I bought today,do I entitle to buy right issue?

minitrader

2,273 posts

Posted by minitrader > 2012-12-06 09:40 | Report Abuse

Today is ex-date for the rights. Price adjusted for the rights. Willyy, u should have bought yesterday to be entitled to the rights.

willyy

200 posts

Posted by willyy > 2012-12-06 09:41 | Report Abuse

what happen today drop so much? from 2.24 to 1.95

willyy

200 posts

Posted by willyy > 2012-12-06 09:49 | Report Abuse

I bought on 5.12.2012,do I entitle to buy right issue?

minitrader

2,273 posts

Posted by minitrader > 2012-12-06 09:53 | Report Abuse

probably panic selling from those unaware of the ex-date today...

minitrader

2,273 posts

Posted by minitrader > 2012-12-06 09:54 | Report Abuse

if u had bought on 5.12.12, YES...u are entitled to the rights

willyy

200 posts

Posted by willyy > 2012-12-06 10:09 | Report Abuse

minitrader,when can buy the right issue?

minitrader

2,273 posts

Posted by minitrader > 2012-12-06 11:33 | Report Abuse

The rights will commence trading on 11 Dec

minitrader

2,273 posts

Posted by minitrader > 2012-12-07 08:26 | Report Abuse

entitlement date 10/12/2012 by 5.00pm

Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Tel No: (603) 2264 3883
Fax No: (603) 2282 1886

moven00

728 posts

Posted by moven00 > 2012-12-07 20:57 | Report Abuse

Kawan-kawan, becareful of stocks that ex-rights/ bonus issue ya.
From my observation usually it will not only adjust in price but stay sideway for sometime. Right / bonus issue actually dilute the value of that counter.
I give you some good example here.
E.g Mflour, Cepat and Johotin.
So don't rush in to buy. Just from my observation and opinion here.

Posted by danielttoob > 2012-12-18 17:05 | Report Abuse

right issue cease today??

willyy

200 posts

Posted by willyy > 2012-12-28 17:47 | Report Abuse

when is the right issue share listing?

Posted by danielttoob > 2012-12-28 23:08 | Report Abuse

10 jan

Posted by danielttoob > 2013-01-03 18:46 | Report Abuse

Over subcribed

talk2pkc

2,304 posts

Posted by talk2pkc > 2013-01-05 09:13 | Report Abuse

Will continue head towards South at TP 1.50 or lower b4 it rebound !!!!

Posted by danielttoob > 2013-01-05 12:23 | Report Abuse

Possible drop at that level?

Posted by Siow Wei Sen > 2013-01-11 12:11 | Report Abuse

revise this stock, let us turn it up!

Posted by danielttoob > 2013-01-12 07:10 | Report Abuse

M moving moving

Melvin G

601 posts

Posted by Melvin G > 2013-01-14 15:46 | Report Abuse

Might not be a good buy just yet.

Posted by danielttoob > 2013-01-28 21:43 | Report Abuse

Five Feb

Posted by WilliamWang > 2013-01-30 15:26 | Report Abuse

jz ask the forum sifu what to do .. sure someone willing to share with u

Posted by danielttoob > 2013-02-05 00:16 | Report Abuse

Any advice?

Posted by Moy Chun Keat > 2013-03-04 15:42 | Report Abuse

Gud price movement now. can take profit now?

Posted by Moy Chun Keat > 2013-03-08 18:38 | Report Abuse

Wat pushes the price tdy?

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