I just reenter its warrant at RM1.71. I think the price could surge even higher in coming weeks since it break previous resistant RM3.27. Uptrend continue~
I think asam means price will be doubled :-). Waiting for jaw dropping result in 11 days. Bear in mind the target price is for 12 months. There will be up and downs on the road but it will get there at the end.
Share buy back is good things for investor. I don't think it will affect the liquidity much as there are many warrants that are being converted to shares and dilute it. From the past few years it keep give out bonus shares. May be they will do that again?
林俊松, I can't tell the future. But if the floatation story is real, then it's definitely possible to get there sooner. But don't take this seriously until it is confirmed.
I bought the share because of the profits will be growing around 69% CAGR FY13-16F. Either way it will get there in the long run. If the price is not appreciated and I am sure the management will share the profit by giving bonus and good dividend like in the pass two years.
That's why I like this counter. It has diversified the business since 2008 and the plantation business has just started to contribute to the earnings and growing exponentially. If you look at how successful fima corp (6,400 ha) few years back, you will see the same happen in MKH in the near future except that MKH has more than double the area (14,400 ha).
If there is bubble next year, I am not too worry. The land they own is near the new MRT station that will be completed in 2017. They can develop it later while enjoying the profit of the plantation. Don't forget their unbilled sales of 503m.
I am sure property will bounce back in 2016. There is also a possibility of El Nino this Summer and that may push the price.
Good luck and keep this counter for long term and you will not regret.
latest q plantation profit all ate up by forex resulted to segment -42m loss. cpo price still in range bound, there is no strong sign of demand hike, hopefully supply won't overrun demand in long term.
tea, there is still unrealized foreign loss, watchout for this. the USD loan will be a pain in the ass for mkh for sometime. going forward mkh earning must be high enough, esp if really wanna join 100k ha club.
wasn't it hwangdbs that also, coincidentally, released a report last year about a certain Keck Seng regarding a "super special dividend" etc etc.... that never materialized? never mind tho, the share price alone provided the "special dividend" if you bought at 3 - 3.5 that is! :) happy investing!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Aero1
1,467 posts
Posted by Aero1 > 2014-02-05 17:28 | Report Abuse
nicky .. indeed it has been reflected in the warrants.