Posted by Aero1 > 2014-03-12 17:39 | Report Abuse

See the words ... we reiterate / we firmly believe
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MKH has proposed to undertake a 1-for-5 bonus issue scheduled for completion by 2QCY14. The proposed bonus issue is likely to enhance MKH shares’ marketability and trading liquidity which have been very encouraging since we initiated on 2 Jan 14. We believe the proposed exercise will help further improve investors’ confidence on the company as it has been consistently rewarding its shareholders (via bonus issues and dividends etc), in tandem with its stellar financial performance. To recap, MKH has been rewarding its shareholders over the past few years with 1-for-10 bonus issues.

We reiterate our high conviction pick on MKH with RM5.40 SOP-derived TP. We firmly believe that MKH is a rare gem that offers both deep value and explosive earnings growth trajectory. Current valuation at 7.5x FY15F EPS remains attractive given the highly visible and strong growth potential.

Source: HwangDBS Research - 12 Mar 2014

Posted by nicky > 2014-03-12 20:24 | Report Abuse

wow.. RM4.17 ... so tomorrow to be continued ? warrant very slow

Posted by nicky > 2014-03-12 20:31 | Report Abuse

sorry... RM4.27 not RM4.17

Posted by bing > 2014-03-12 20:45 | Report Abuse

Destination wave 5!

Posted by anbz > 2014-03-13 02:17 | Report Abuse

haha

Posted by mbuv4res > 2014-03-13 09:04 | Report Abuse

How is today, sideways ?

Posted by mbuv4res > 2014-03-13 09:05 | Report Abuse

opening price ?

Posted by TheTunaTrader > 2014-03-13 09:08 | Report Abuse

yesterday closed at 4.27, last done 4.28.
not looking exciting at the moment.

Posted by mbuv4res > 2014-03-13 09:12 | Report Abuse

It may fall a bit so to let buyers come.

Posted by mbuv4res > 2014-03-13 09:13 | Report Abuse

mkh always up in the evening.

Posted by Aero1 > 2014-03-13 09:21 | Report Abuse

After a long day, many sites and estate managers will settle down in air conditioned rooms .. make a cup of coffee and look at the screen .. then will start placing orders. :-)

Posted by mbuv4res > 2014-03-13 09:24 | Report Abuse

At this moment, mkh keeps 4.20 steady, it will attract buyers.

Posted by nicky > 2014-03-13 09:30 | Report Abuse

warrant drop so much ???

Posted by whizzy > 2014-03-13 09:37 | Report Abuse

i think it warrant ran too fast (premium between mother and warrants unjustified)

Posted by nicky > 2014-03-13 10:28 | Report Abuse

RM4.33 warrant still below RM2.30

Posted by Aero1 > 2014-03-13 10:33 | Report Abuse

MKH is bulldozing the sceptics .. market value at 1.5 billion now. If you think property is bigger than the plantation segment (which was valued at 1 billion when CPO price was at 2,300/ton) .. price will have a long way to go. Happy investing!

Posted by whizzy > 2014-03-13 10:36 | Report Abuse

makes me wonder who are these people investing in stk mkt! if warrant at RM2.30 makes it trading @5.3% premium
of course you'll be able to leverage on your capital if you buy the warrant
but ask yourself whether the premium is justified?

Posted by nicky > 2014-03-13 10:40 | Report Abuse

warrant excise price RM2.26....

Posted by hewiester > 2014-03-13 10:42 | Report Abuse

no volume in the warrant..

Posted by nicky > 2014-03-13 11:12 | Report Abuse

warrant red.... funny. Something not right ?

Posted by whizzy > 2014-03-13 11:14 | Report Abuse

the only thing funny is you being ignorant

Posted by nicky > 2014-03-13 11:18 | Report Abuse

whizzy.. if u think i m ignorant just ignore my posts. Don act like an expert here.

Posted by zzzzz > 2014-03-13 11:23 | Report Abuse

huhu.. don fight here...

Posted by mbuv4res > 2014-03-13 11:30 | Report Abuse

I sold all MKH-w at 1.95 end of last mth. & bought back at 2.10. this mth. There isn't funny at all.
MKH always give me profit that I always holding MKH.

Posted by mbuv4res > 2014-03-13 11:32 | Report Abuse

May be people buying W at 1.30 still holding it.

Posted by zzzzz > 2014-03-13 11:33 | Report Abuse

Yalo whizzy.. may be Nicky holding warrant ma...nothing wrong he is panic now.

Posted by mbuv4res > 2014-03-13 11:37 | Report Abuse

I should invest all my money in MKH. I bought so many useless counters in JAN. & FEB.
Sell and buy for MKH already 4 times. Every time only profit.

Posted by whizzy > 2014-03-13 11:42 | Report Abuse

i'm merely pointing out the diff between mother vs warrant
mother up not necessary warrant up (always look at premium/dicount & maturity)

Posted by zzzzz > 2014-03-13 11:48 | Report Abuse

Look at the premium is quite attractive... expiry 2017 ? usually warrant move faster than mother..

Posted by whizzy > 2014-03-13 11:55 | Report Abuse

theoritically premium should decay over time in a fully functional mkt which bursa is clearly not! anyway dont let the party stop this is gonna be a fruitful qtr for MKH! IDR&MYR appreciating against USD coupled with strong CPO px with increased production

Posted by mbuv4res > 2014-03-13 12:49 | Report Abuse

Some counters are very bad. Like at present, if you bought MKH-w at 2.30 + 2.26 = 4.56.
But, the mother share is still 4.30. In future , before x, MKH may go up to rm 6 or 7. It is still have
too much time to go. It can go down below 4.56. Like Kulim, very bad counter, all people losing money. To convert to mother share, the investment is 3.70. Just look at the price of Kulim now,
you will understand me. Will you convert to mother share, if MKH below 4.56 ?

Posted by Alas Long > 2014-03-13 12:49 | Report Abuse

someone knew what is the price adjusted for MKH after bonus assume the price stood at rm 4.30?
WB is move slower than mother cos WB is not entitle for bonus and encounter price adjust at the same time.

Posted by mbuv4res > 2014-03-13 12:59 | Report Abuse

Buying Warrant is like buying future. We don't know what will happen to MKH after 3 yrs.
With confidence buy lah.. if not got profit sell lah...

Posted by mbuv4res > 2014-03-13 13:03 | Report Abuse

The last trading price of MKH x 5 divided by 6 = Adjusted price of MKH.

Posted by mbuv4res > 2014-03-13 13:10 | Report Abuse

The adjusted price now is only 3.60. So , i hope mkh will push up the share higher to TP 5.40,
MKH still hasn't announce the x date.

Posted by armadasaxon > 2014-03-13 13:18 | Report Abuse

why divide by 6 ah?

Posted by mbuv4res > 2014-03-13 13:25 | Report Abuse

one free bonus issue. i think you need to study more. you knew nothing.

Posted by bing > 2014-03-13 13:58 | Report Abuse

Now a day we still can easily buy in this stock. I thinks after the price growing up for a certain place, the remaining players will be the long term investor. And that time, will become less units or higher price they queue to sell. So, hopes we can have a lower cost stock at that time. Cheers..

Posted by Aero1 > 2014-03-13 13:59 | Report Abuse

to be fair to all ...
-----------------------------
The Exercise Price and/ or number of unexercised Warrants may from time to time be adjusted by the Board, in consultation with its professional advisers, in the event of any alteration to the share capital of the Company, including but not limited to the consolidation or subdivision, issuance of shares by way of capitalisation of profits or reserves, capital distribution or rights issue of shares or convertible securities or any other events in accordance with the provisions of the Deed Poll.

Posted by stevenlum81 > 2014-03-13 16:01 | Report Abuse

Market is so weak...

Posted by Kukuman > 2014-03-13 16:04 | Report Abuse

there are about 300 odd counters up. this is not weak market

Posted by mbuv4res > 2014-03-13 16:21 | Report Abuse

Because of the cris of Ukraine, election on 16th this mth. I sold all my MKH at 3.78 because of the war and bought back at 3.90. very stupid. This time, i get ready with my money, and wait for mkh to drop. The market will go up May this yr. I predict.

Posted by mbuv4res > 2014-03-13 16:30 | Report Abuse

2moro friday, selling started. Bought 4.07 sell 4.25 contra. Good money. No vol. all small investors.

Posted by chinesetea > 2014-03-13 19:14 | Report Abuse

More acquisition has been announced. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1565913
The director has a very good vision. Don't forget the floatation of the plantation is still on the card. Once this is confirmed, you will be kicking yourself and it's very hard to catch the rising price as insider always know the news first.
Don't sell it to pocket few hundreds. Keep it for at least one year and you will not regret.

Posted by bing > 2014-03-13 19:57 | Report Abuse

Agree!!!

Posted by mbuv4res > 2014-03-13 20:19 | Report Abuse

chinesetea, can you teach me what are the effects of the acquisition. GOOD OR BAD to the shares prices.

Posted by chinesetea > 2014-03-13 20:30 | Report Abuse

Sure good lah. As far as i know, It doesn't add to the earning short term but will allow more property development in future that will improve profit. You need patience and don't expect the price rise immediately. It tells you the company is seriously expanding and diversifying their property division.

Posted by mbuv4res > 2014-03-13 20:38 | Report Abuse

Thank you very much.

Posted by optimus5 > 2014-03-13 22:38 |

Post removed.Why?

Posted by bing > 2014-03-14 00:03 | Report Abuse

optimus5, where to run? Your house?