This is just the beginning of something big. The company start seeking to purchase two more parcels of land (20,000) since November. The vision of chairman is to grow 100,000 ha in the next five years. When I heard this initially, I was worried about the purchase will cause a high capex. After reading the recent report, now we are clear that they want to fund these expansion by floatation of the plantation division. I am sure it will be beneficial to existing share holder of MKH by giving some bonus shares or the priority to buy the new ipo shares or right issue in the future. There may be profit taking on the way while heading to the new target, I suggest you put your eye ahead of time and ignore short term fluctuation and your reward will be massive.
Also it is worth to keep an eye on the weather. As more and more unexpected strange weather happen all over the world, palm oil will become a winner as it is a tough plant in comparison to soya and rapeseed. Although this is MKH forum, I will also like to draw your attention that CBIP also manufacture palm oil mill for MKH. If you start noticing major expansion of palm oil counter, CBIP will also benefit from both its plantation section and the engineering division.
iafx, seriously. Just started last year. Since the kenaga & news all about the upside of MKH, the chart also look nice. I calculate their financial ratio also not bad. That's y I'm so confidence~
Launched plan to launch total GDV 893 mil for FY2014:- Hill Park Shah Alam / 374 mil MKH Avenue / 224 mil Pelangi Heights / 195 mil Hill Park Home 3 / 33 mil Kajang East / 67 mil
HPSA is doing brisk sales! MKH Avenue 4-storey shops sold out! MKH boulevard 210 mil project with units opened for sales gradually, is doing very well. Happy Investing!
My warrant baru jalan 3 cents. Should had bought the mother. Very wired, mother up 3.26% but warrant only up 2.53%. I think a lot of contrac player throw warrant~
nicky, yea lo. I only hold the warrant. Dunno which punter keep throw the warrants~ Now the warrants is more attractive & potential compared to the mother share~
chinesetea, ex date for dividend will be on 19/2, any thoughts how MKH will perform till that date. Curiosity, on how normally shares will perform before ex dividend date. Thanks.
Madam YaSer, yea. My warrant move slowly as compared to mother share. I hope it could have the speed like one day in January where mother move 10% & warrant move 30%. Ratio 1 to 1, should move by equal amount of changes.
The chance to exceed rm4.00 is a challenge. As this price tag, the return is about 4% ( expected within these 1~2 years). As the convert W to mother share is about rm2.26, so the W will increase slower. Anyway, the consolidate of the this counter will provide opportunity to accumulate.
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....
GogoChiao
371 posts
Posted by GogoChiao > 2014-02-10 16:39 | Report Abuse
wa ini mkh byk kuwat liao ashik nalik saja! bagi lia nafas lulu