Posted by Count3 > 2014-04-29 20:54 | Report Abuse

Top up tomorrow.

Posted by bsngpg > 2014-04-29 21:12 | Report Abuse

From Bursa 29Apr14 : Bonus 1:5 ex 15May14

Posted by maxlim > 2014-04-29 21:34 | Report Abuse

i dun think so tomorrow will up....some buddy try to create (fear factor - limit down) in the market to scare those retailer.....

Posted by bing > 2014-04-29 22:09 | Report Abuse

Don't be scared, maxlim! Down can't do nothing. Keep sama2. Sell with own TP.

Posted by bsngpg > 2014-04-29 22:15 | Report Abuse

The long expected significant profit contribution from plantation unit has not been shown on quarterly report. I beleive this will be shown in the quarterly result next month. I bet on it and thus will HOLD MKH much longer.

Posted by kilrathi > 2014-04-29 22:26 | Report Abuse

With Bonus issue approved, what makes the stock goes further down ?

Posted by bing > 2014-04-29 22:35 | Report Abuse

Maybe some retailers (disposers) do not know about this is still undervalue & huge of business in hand co. Or other matter?

Posted by bsngpg > 2014-04-29 22:51 | Report Abuse

Bonus issue does not really create added value except increasing liquidity of the circulated shares. It is like dividing 1 big cake into two. You gain nothing except more smaller pieces for distribution to more people.

People has historically and habitually viewed bonus issue as a catalyst boosting share price up, thus most of the times, price will hike along announcement on bonus issue. Nevertheless, price will usually retreat prior the ex date or a short while after the ex date.

Posted by Aero1 > 2014-04-30 08:59 | Report Abuse

Bonus Issue rewards shareholders if dividend payment is higher. BI rewards because it broadens shareholders base therefore reducing volatility of the share price. QL is a good example. After each round of the Bonus Issue. its share price rose back RM3 to RM4 level. Those who owns QL shares will know this.

Posted by maxlim > 2014-04-30 09:00 | Report Abuse

Thanks bing, i am not scare, i just try to remind some people do not panic

Posted by bing > 2014-04-30 10:49 | Report Abuse

Maybe one party intend to dispose. But he is very gentle doing slow & steady.

Posted by Aero1 > 2014-04-30 16:33 | Report Abuse

Warrants up Mother share down? Imply more money in the warrants?

Posted by Aero1 > 2014-04-30 16:54 | Report Abuse

As dividend still many months ahead, pundits see the opportunity to shift from mother to warrant?

Posted by bing > 2014-04-30 17:19 | Report Abuse

Ai..so sad!

Posted by aaj9393 > 2014-05-02 12:23 | Report Abuse

The big boys has gone.

Posted by stevenlum81 > 2014-05-02 17:07 | Report Abuse

When will the sleeping beauty wake up?

Posted by aaj9393 > 2014-05-02 17:18 | Report Abuse

shipwreck.

Posted by Count3 > 2014-05-02 18:44 | Report Abuse

Continuous drop 7days...

Posted by Lollipot Anison > 2014-05-04 15:23 | Report Abuse

RSI at its lowest. bonus issue on 14 May. time to buy back.

Posted by maxlim > 2014-05-04 22:10 | Report Abuse

omg 4.00 coming

Posted by nordimohd > 2014-05-05 05:10 | Report Abuse

the game coulf be over....?

Posted by bing > 2014-05-05 09:31 | Report Abuse

Is it something wrong with director or company? Drop & drop after so many good news appeared (newspaper, web, tv , fm)!

Posted by Lollipot Anison > 2014-05-05 13:50 | Report Abuse

it raise from 2 ringgit to rm 4. scale back is normal

Posted by ganasai > 2014-05-05 14:53 | Report Abuse

just take a lesson, how good the stock, also cannot buy on high price. You must like pasar aunty buy the best but with cheap price.

Posted by armadasaxon > 2014-05-05 16:29 | Report Abuse

cpo price drop with the rain coming back?

Posted by maxlim > 2014-05-05 20:54 | Report Abuse

will continue drop further

Posted by soohau78 > 2014-05-06 11:59 | Report Abuse

bear with it, count on qtrly report....

Posted by chewch > 2014-05-06 16:40 | Report Abuse

prior bonus announcement @ 4.10....still cheap currently...last target price at 4.85

Posted by Daniel Twj > 2014-05-06 18:25 | Report Abuse

Refer to http://www.bursamalaysia.com/market/listed-companies/company-announcements/1612873 , when is the last date to purchase before the bonus issue?

Posted by Daniel Twj > 2014-05-06 18:26 | Report Abuse

Can we play contra?

Posted by Count3 > 2014-05-06 22:07 | Report Abuse

How to get that 4.10?

Posted by chewch > 2014-05-07 11:23 | Report Abuse

after trading hour, 11 March announced Bonus Issue 1 for 5, the price closed at 4.10, by logic, it should have 20% upside which is did hit 4.90+. Last entitlement for Bonus is 19 May. Anticipate to hit back to 4.5 to 4.6 level before Ex date

Posted by lcng123 > 2014-05-08 15:32 | Report Abuse

anybody here can share the info about the ffb production for mkh's palm oil estate in kalimantan?

Posted by Aero1 > 2014-05-09 16:03 | Report Abuse

DBS predicted FFB production of 271,681/2014, 340,780/2015, 382,445/2016. Happy Investing!

Posted by lcng123 > 2014-05-09 21:45 | Report Abuse

if the ffb output for 2014 is 271,681mt, and oil extraction rate (oer) is 21%, it can produce 57,000 mt of cpo. at the weighted avearge of cpo price rm2,600 in 2014. the revenue is 57,000 X 2,600 = rm148.2mil. from the past records, the profit margin is 38%, which is equivalent to profit before finance cost and tax is rm56,300K. After deduct finance cost around rm3,500K and 25% tax, the net profit for plantation sector is rm39,600K, eps is 11sen.

Posted by bsngpg > 2014-05-10 10:39 | Report Abuse

lcng123 : thks a lot for the above method to calculate profit from the FFB. How about kernel shell oil ? I read from somewhere that each tonne of FFB can provide significant amount of profit in the form of kernel oil. Do you know how to extract that figure ?
Thks

Posted by lcng123 > 2014-05-10 16:31 | Report Abuse

the palm kernel extract rate is about 5% from ffb. with 271,681mt, it can produce 13,500mt of palm kernel. with the current price of palm kernel about rm1,500, it turn to revenue 13,500 X 1,500 = rm20mil. i would like to make correction on my previous comment, which is the finance cost for mkh's plantation sector is around rm12mil instead of rm3.5mil, so the estimate eps for plantation sector will be 9.5sen.

Posted by bsngpg > 2014-05-10 16:57 | Report Abuse

lcng123: thks.

Posted by lcng123 > 2014-05-13 12:55 | Report Abuse

bonus issue will be ex on this thursday (15/05/14). those who wanna enjoy bonus have to buy in mkh tomorrow. i was thinking to buy in after ex bonus but before the latest financial result come out.

Posted by bsngpg > 2014-05-13 15:02 | Report Abuse

Good strategy and good luck. I have had enough so I will not have any action. Just sit still to wait for Durian Jatuh with helmet on.

Posted by tonylim > 2014-05-13 15:19 | Report Abuse

LOL bsnb

Posted by tonylim > 2014-05-13 15:21 | Report Abuse

chew.. 460 not happening


Posted by chewch > May 7, 2014 11:23 AM | Report Abuse

after trading hour, 11 March announced Bonus Issue 1 for 5, the price closed at 4.10, by logic, it should have 20% upside which is did hit 4.90+. Last entitlement for Bonus is 19 May. Anticipate to hit back to 4.5 to 4.6 level before Ex date

Posted by Aero1 > 2014-05-13 16:01 | Report Abuse

EPS 40 sen++ if El Nino happens.

Posted by bsngpg > 2014-05-13 16:35 | Report Abuse

Reasonable PE:
Properties biz:10x
Plantation biz:16x
Average:13x
Eps:40sens
Fair value: 13x40=5.20
Do u agree?

Posted by tonylim > 2014-05-13 17:16 | Report Abuse

Bsng that's the concensus. I sold 2/3 at 480.
Got chance to buy back pre or post bi

Posted by bsngpg > 2014-05-13 17:43 | Report Abuse

U r lucky selling some at 4.8. At 4.80, I was greedy aiming for 5.40. In fact I am now still greedy but would sell 1/3 first as you if I were given opportunity.

Posted by lcng123 > 2014-05-13 23:29 | Report Abuse

tonylim, u r lucky manage to sold at 4.80. r u buy back at 4.39? if no, i think you better act now before it fly to 5.40. many cases have happened to me. those who sold at higher price and thinking to buy at lower price will not manage to do that and come to the end they felt regret to sold it out at the first place.

Posted by tonylim > 2014-05-13 23:43 | Report Abuse

bsng, not luck. you are right yourself, overwhelm by greed.
lcng, you must be a lady, l c ng (surname), again not luck. I remember 480 was hovering there for many days. bsng seems same surname as you.

I made more on the warrants. got 20% left i think.

Both of you probably did not make a decision to profit take.

My 2014 rule, money in pocket is worth 2 in the bush.

Posted by bsngpg > 2014-05-14 06:42 | Report Abuse

TonyLim : you are right, I had plenty of opportunity to sell at 4.80 then. But I did not. Why ? As I thought recently there are many people shout loud on CPO and rushing into JT, TSH etc. MKH is a CPO producer too, so why not waiting for a little longer to join the optimistic crowd on CPO. On the other hand, Indo Rupiah is strengthening, which allows MKH to earn back the previous unrealized currency lost.

Simply put it : bonus ex + optimistic on CPO + currency gain + Q1 result = HOLD(another expression of Greed lah). He! He!

Posted by Aero1 > 2014-05-14 08:46 | Report Abuse

5.20 hmm. Not yet .. investment should be businesslike.
At 5.2, market value of MKH will be 1.8bil. Plantation is worth 1.2bil.
With the current fully-charged double engines, I bet the management would see opportunity to drive higher scale and growth. Stay tuned ..