optimus5, if you are so afraid, don't play shares lah... GO TO HELL YOU. For iris, you also ask people to run. Maybe the market will go down today, why run, after all, we have to pay more to buy.
Do you know today all markets in the world drop like hell. But MKH, you still can stay at 4.2. besides, at this price to sell , 2 days ago bought can still made profit, but, no selling pressure. All pepple don't want to sell.
This share is for investor who are in the long run and not for short term speculators. I started to collect 3 years ago before the 1for ten bonus as well as the rights and warrant issue. Todate my return is more than 200 per cent. I have not sold anything yet. Be patient.
Congratulation! Bravo! Kudos! Will have at least another three years to go. And that assumes MKH does not leverage on its current strength. But this definitely is not the case with what has been in store for MKH. It was 500 mil market value then as it is now 1.5 billion which make it 200% increase. Will the value go to 2 to 3 billion? To achieve 2.5 billion market value, price > RM7.
Look at the IDR .. started reversing into period prior to September 2013 . May be MKH could ponder some measures to manage its FX fluctuation given the window now.
probably, mkh's plantation segment will get forex gain in their 2rd quarter result ended 31 mar 2014 from appreciation of rupiah recently from 3,700 to 3,427 (up 7.4% against ringgit) and from 12,200 to11,236 (up 7.9% against usd). i can forsee excellent result in plantation segment for the both strengthen of cpo price and rupiah forex. target target of rm5.40 is not a dream.
Today news : HwangDBS Reiterate high-conviction BUY with RM5.40 TP.
MKH Bhd; Buy; RM4.28 Price target:RM5.40; MKH MK
Strong and sustainable property sales driven by robust demand for affordable homes. Plantation earnings could surprise on the upside with bullish CPO prices and exponential FFB volume growth.
mkh's plantation segment will perform excellent in coming quarter because 1) idr getting stronger, mkh may has unrealised forex gain. 2) more and more young trees get mature and ffb output is increasing. 3) cpo price increasing. 4) they will upgrade the mill operation from 60mt/hour to 90mt/hour.
MKH (MKH MK) --------------------------------dated 10th//03//14 Technical BUY with +21.4% potential return Last price : RM4.11 Target Price : RM4.69, RM4.99 Support : RM3.86 Stop-loss: RM3.84 BUY with a target price of RM4.99 with a stop loss placed below RM3.84. MKH’s share price rebounded from the 61.8% Fibonacci level of RM3.70 and was followed by a positive closing above both the 10-day and 21-day SMAs. As the bullish crossover in Stochastic suggests growing momentum, we expect an impending breakout above the immediate resistance of RM4.19 in the near term. Given the share price’s steady ascent above the 21-day SMA, we expect an upward continuation movement hereafter and thus peg our upside target at the 1.61x Fibonacci retracement level of RM4.99.
Quoted ... 'If you focus on the prospective price change of a contemplated purchase, you are speculating. There is nothing improper about that but one is unable to speculate successfully.'
The directors already 95% aware of the final results will be excellent!!oredi 19th quarter 12 days away, the buying pattern is not so much on the bonus more for a whopping quarter, gonna be really a biggie
MKH is looking to grow the recurring income base with pockets of commercial land which are ripe for development. For instance, the 5.6-acre land for MKH City (RM500m GDV) which is within walking distance to the Kajang MRT station is intended to hold a shopping mall, hotel and office tower with 1m sf GFA. MKH will probably retain some of the properties to further boost its investment properties portfolio. There will also be some investment properties at the flagship development, Kajang 2. Also, certain land in Kajang/Semenyih under long-term leases to fast-food restaurants and hypermarkets are ripe for commercial development as the townships mature.
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....
mbuv4res
95 posts
Posted by mbuv4res > 2014-03-14 07:25 | Report Abuse
optimus5, if you are so afraid, don't play shares lah... GO TO HELL YOU. For iris, you also ask people to run.
Maybe the market will go down today, why run, after all, we have to pay more to buy.