Posted by Carson Teor > 2014-08-14 08:07 | Report Abuse

cannot be down to 3.70, in uptrend now, let go in before too late

Posted by CK > 2014-08-14 11:51 | Report Abuse

any dividend for coming quarter??

Posted by Aero1 > 2014-08-14 12:19 | Report Abuse

CK, typically MKH rewards shareholders with dividends and bonus issues. MKH could pay more dividend as its plantation is now capable of generating positive cash flow.

Posted by autumnleaf > 2014-08-14 22:59 | Report Abuse

sold at 4.33 before raya to realize profits, bought back at 4.18 (a bit too early) before it went down all the way back to 4... I have no worries about the price, just that if buy at 4 could save a lil bit on cost hahah... good to see it flying up again. Can't wait for quarterly report. Still my favourite stock that pulled up my whole portfolio this year :)

Posted by aaj9393 > 2014-08-15 07:30 | Report Abuse

autumnleaf very smart. I always sell low, buy high. If I sell this time, it might shoot up after selling.
What to do ?

Posted by kenken85 > 2014-08-15 08:48 | Report Abuse

If u check back Quater result at Feb. Ady plan for 0.1 dividend. So normally will give out after AGM. So hold tight n for bonus again next year. n nxt year n next year. hahha.. huat ahh

Posted by Kevin Wong > 2014-08-15 11:20 | Report Abuse

Wow, sold at 4.33 & bought back at 4.17. Some waiting to buy at 3.50... Many short termers & traders...no confidence on MKH over the long term.Investors don't try to go in & out...or use trading strategy.

Posted by densim18 > 2014-08-15 11:20 | Report Abuse

how will the CPO price effect MKH..

Posted by aaj9393 > 2014-08-15 13:54 | Report Abuse

Today can contra. No up.

Posted by autumnleaf > 2014-08-15 14:18 | Report Abuse

hahah, I just happen to have some "info" that it's a pre-hari raya goreng goreng session, so decided to follow the trend. Now onwards am not selling anymore. Long term is good :)

Posted by Kevin Wong > 2014-08-15 18:29 | Report Abuse

Be a savvy investor, who know how to separate the wheats from the chaffs. But even Buffett can't be right everytime. And if he could time & outsmart mart like he can invest, he would be a trillionaire by now!

Posted by Aero1 > 2014-08-18 09:30 | Report Abuse

Issued Capital (m shrs) 419
Mkt. Cap (RMm/US$m) 1,682 / 528
Major Shareholders:
Chen Choy & Sons Realty (%) 43.1
Public Bank Grp Off Fund (%) 9.8
Free Float (%) 47.1
Avg. Daily Vol.(‘000) 572

Posted by Johann5354 > 2014-08-18 11:49 | Report Abuse

Why today suddenly drop so many ?

Posted by speakup > 2014-08-18 11:52 | Report Abuse

could be insiders sell coz results bad?

Posted by Chris K Yeong > 2014-08-18 18:12 | Report Abuse

some unexpected news might coming from indonesia .. beware ~

Posted by Johann5354 > 2014-08-18 20:59 | Report Abuse

What happen at Indonesia ?

Posted by SJSOON > 2014-08-18 22:36 | Report Abuse

Hey, folks. See this http://biz.sinchew.com.my/node/100370?tid=6

Posted by Aero1 > 2014-08-19 10:02 | Report Abuse

Worst case .. MKH 'retires' from plantation after realising huge profits of more than RM500 mil. Shareholders walk away with at least RM1.00 special dividend. Indonesia suffers from long term deterioration of capital income resulting from weaker IDR, higher cost of borrowing and lower FDI.

Posted by 2noob2stupid > 2014-08-19 11:13 | Report Abuse

Hi Aero,
Can you please explain to me in layman terms?

Posted by lcng123 > 2014-08-19 12:34 | Report Abuse

If mkh retires from plantation business, the 14.44 ha plantation can sell at least rm38,400/ha, total rm553mil. deduct liability of 303mil, still can get profit rm250mil = 60sen/share. but i think the new indonesia policy unlikely to enforce, bcos it involved a lot of foreign investors in indonesia.and huge fund (about 165mil) may withdraw from indonesia market.

Posted by kenken85 > 2014-08-19 12:38 | Report Abuse

Collect more... =) waiting dividend plus bonus. =)

Posted by lcng123 > 2014-08-19 12:40 | Report Abuse

i would like to correct my mistake, it is 16,500mil may withdraw from indonesia market.

Posted by Kevin Wong > 2014-08-19 18:19 | Report Abuse

Can't buy more, as i'm already fully invested. Don't want to sell other counters in my small & humble portfolio for more MKH shares...too much uncertainties over Indonesia's...

Posted by lcng123 > 2014-08-19 23:21 | Report Abuse

although mkh's plantation facing pressure from indonesia authority's new policy, but don't you remember mkh property sales target 800mil for fy2014? for the 1st half fy2014, the property sales already hit 380mil. the managing director do mention that their property sales target for fy2015 is 1bil. mkh's property business doing very well.

Posted by Kevin Wong > 2014-08-20 09:17 | Report Abuse

I know, thats why not selling. But one of the main reason of investing in MKH for me, is its for their their maturing palm oil...

Posted by asian > 2014-08-20 09:23 | Report Abuse

when quarter report out?

Posted by CK > 2014-08-21 11:38 | Report Abuse

selling presure!!!

Posted by Johann5354 > 2014-08-21 13:38 | Report Abuse

I buy mkh at 3.84, i continue keep it till quarter result come out... Hope can rebound with good result ^^

Posted by CK > 2014-08-21 16:08 | Report Abuse

keep? sell? add?

Posted by aaj9393 > 2014-08-21 16:25 | Report Abuse

End of Augst.

Posted by aaj9393 > 2014-08-21 16:26 | Report Abuse

wait for 3.70.

Posted by zeneyam > 2014-08-21 16:48 | Report Abuse

i bought at 3.50 on may , so sad dint sell at 4.30.
but nvm , i have strong faith in mkh . is a strong comp ...ll keep it ...in fact just bought again today...hehehe..

Posted by roguetrader > 2014-08-21 17:33 | Report Abuse

keep calm and continue buying.

Posted by soohau78 > 2014-08-21 17:45 | Report Abuse

just top up today too...

Posted by CK > 2014-08-21 22:53 | Report Abuse

@zeneyam: you are not alone.... I also bought at 3.5 on previous quater....

Posted by lcng123 > 2014-08-21 23:46 | Report Abuse

everybody looking for coming financial result. i have do some calculation to forecast the earning of new result, i think mkh net profit will be around 12mil, eps between 3 to 5sen. plantation sector will face loss of 18mil due to forex loss of 35mil (idr depreciate against rm). if this type of result really appear, mkh share price will plunge further to below 3.50. i hope my calculate was wrong bcos i still keeping a lot of mkh share.

Posted by Aero1 > 2014-08-22 08:36 | Report Abuse

http://online.wsj.com/articles/indonesias-political-leap-forward-1408639732?mod=rss_Opinion?mod=hp_opinion

Posted by Aero1 > 2014-08-22 08:39 | Report Abuse

IOI reported higher profit with huge FX gain .. yet its share price drops.
MKH reports lower profit with huge FX loss .. share price up or down?
Guess investors look at fundamental in the case of IOI ..

Posted by Aero1 > 2014-08-22 08:57 | Report Abuse

The dampening factor is the low CPO price. But it is cyclical.
1. You have had election over for the high population countries India and Indonesia .. things are looking up.
2. US economy is talking about increasing its interest rate .. things should be picking up.
3. China has been supportive of oil palm industry.

Posted by Aero1 > 2014-08-22 09:12 | Report Abuse

lcng123 .. not that huge not bigger than it was reported in the quarter ended 31.12.2013.

Posted by Kevin Wong > 2014-08-22 14:10 | Report Abuse

Short termers concentrate on quarterly results, serious investors pay attention to longer term potentials & prospects.

Posted by lcng123 > 2014-08-22 15:01 | Report Abuse

aero1, forex loss in qtr 31.12.2013 was 19.9mil when idr depreciate 5%. in qtr 30.06.2014, idr depreciate 7%, liability is higher than 31.12.2013, so i estimate forex loss 35mil.

Posted by wenyiwu1971 > 2014-08-22 15:08 | Report Abuse

Cyclical blip in CPO price has little influence on the Result as long as FFB yield
and extraction rate due to expansion of mill have not reached their full potential. A growing stock it is and exponentially as how Eddy had described it over the air!

Posted by autumnleaf > 2014-08-24 11:26 | Report Abuse

I'm not familiar with these FX gains/losses etc, but wouldn't it usually be the case to have management hedging these exposures in place?

Posted by lcng123 > 2014-08-24 18:23 | Report Abuse

mkh's plantation sector having 303mil liability, i would suggest mkh to offer right issue to source fund to reduce debt in rm and usd. plantation sector do very well but forex loss caused the financial result looking poor when idr depreciate.

Posted by Aero1 > 2014-08-25 08:38 | Report Abuse

lcng123 .. June-end not higher than December-end.
http://www.xe.com/currencycharts/?from=USD&to=IDR&view=1Y

Kevin Wong/wenyiwu1971 .. ya perhaps should talk more on the fundamental here. FX sometimes distorts and distracts our views from the underlying of the operations.

Posted by Aero1 > 2014-08-25 08:41 | Report Abuse

if have time .. http://www.thestar.com.my/News/Nation/2014/08/25/Era-of-a-horizontal-leadership-Presidentelect-Joko-Widodo-talks-of-the-new-democracy-in-Indonesia/

Posted by lcng123 > 2014-08-25 18:12 | Report Abuse

Aero1, idr-rm was 3,705 at 31 dec 2013 and 3,747 at 30 Jun 2014. although the forex gain/loss is only the accounting measure, but it will definitely affect the quarterly financial result and eventually will affect the share price. when mkh announce 63mil forex loss on 28/11/13, share price drop 18sen next day. when announce 19.9mil forex loss, share price drop 22sen next day. when annouce forex gain 29.4mil, share price up 28sen next day. so this time i forecast forex loss 35mil, share price may drop 30sen unlessl property can perform excellent and earning can cover forex loss.

Posted by greddym3 > 2014-08-26 07:43 | Report Abuse

good observation there lcng123

Posted by Aero1 > 2014-08-26 08:25 | Report Abuse

lcng123 .. most of the RM300 million debts are in USD so the USD/IDR movement matters more. Not sure the portion of its plantation revenue and assets are in USD .. which will mitigate.