Posted by WXGWXW > 2014-08-27 13:06 | Report Abuse

Dear xperts. After gud discussion above, is MKH bring us good news on Qtr report ?

Posted by soohau78 > 2014-08-27 19:02 | Report Abuse

REVIEW OF PERFORMANCE OF THE GROUP FOR:
(i) Third quarter ended 30 June 2014
The Group recorded higher revenue for the current quarter of RM212.3 million as compared to the preceding year corresponding quarter of RM185.4 million. The increase in the Group’s revenue by 15% was mainly contributed by the property and construction division from its on-going development projects and the plantation division, arising from the increase in sales of crude palm oil (“CPO”) and palm kernel.
The Group recorded lower profit before tax for the current quarter of RM21.1 million as compared to the preceding year correspondence quarter of RM44.3 million due to inclusion of unrealised foreign exchange losses of RM21.9 million (“Foreign Exchange losses”) in the current quarter as compared to unrealised foreign exchange gains of RM1.5 million (“Foreign Exchange gains”) in preceding year corresponding quarter from the Plantation division’s United States Dollar (“USD”) and Malaysian Ringgit (“RM”) borrowings as a result of the Indonesian Rupiah has weaken against the USD and the RM respectively. The profit before tax excluding the unrealised Foreign Exchange losses and unrealised Foreign Exchange gains was marginally higher at RM43.0 million for the current quarter as compared to the preceding year corresponding quarter of RM42.8 million.

Posted by soohau78 > 2014-08-27 19:06 | Report Abuse

Current year-to-date (YTD) ended 30 June 2014 by Segments
Property and construction
This division recorded higher revenue of RM386.6 million for the current YTD as compared to preceding YTD of RM309.3 million. The increase in revenue was mainly due to higher percentage of revenue recognition of on-going development projects namely, Pelangi Semenyih 2, Hill Park Home, Saville @ Melawati, Pelangi Seri Alam, Saville@the Park, Bangsar, Mewah 9 Residence, Kajang 2 and MKH Boulevard, and newly launched projects namely, Hill Park Shah Alam, Pelangi Heights, Kajang East and MKH Avenue I, which still at preliminary stage of development. Despite the higher revenue for the current YTD, this division’s profit before tax was decreased to RM76.6 million for current YTD as compared to preceding YTD of RM80.1 million mainly due to lower share of profit of an associate upon completion and handing over vacant possession of Areca Residence in the preceding year.
As at 30.6.2014, the Group has locked-in unbilled sales value of RM690.1 million from which attributed sales revenue and profits will be recognised progressively as their development percentage of completion progresses.
Plantation
This division recorded higher revenue and profit before tax from the sale of CPO and palm kernel of RM116.4 million and RM21.5 million for the current YTD as compared to the preceding YTD of RM76.1 million and RM11.7 million. The division’s current YTD profit included unrealised foreign exchange losses totaling RM12.5 million (foreign exchange losses in 2013: RM nil). The unrealised foreign exchange losses was mainly due to weakening of the Rupiah against the USD and the RM for its USD and RM borrowings. The profit before tax excluding the unrealised foreign exchange losses for the current YTD amounted to RM34.0 million was 191% higher than the preceding year profit before tax of RM11.7 million.

Posted by CK > 2014-08-27 19:41 | Report Abuse

poor result.... !!!

Posted by CK > 2014-08-27 19:47 | Report Abuse

offer 2moro??

Posted by bing > 2014-08-27 20:00 | Report Abuse

Results poor? It's ok lah! Acceptable liao!

Posted by bing > 2014-08-27 20:05 | Report Abuse

Bcos last time chiong too fast mah. This time sure like this loh. Still consider good company.

Posted by Aero1 > 2014-08-27 21:21 | Report Abuse

Yealah nvm this quarter. Yes bing .. still a good company with strong orders in the property. Plantation despite FX losses still made profit. EPS this year may be close to 30sen .. next year could reach 40 to 50 sen.

Posted by bing > 2014-08-27 21:24 | Report Abuse

Kuala Lumpur South company.

Posted by bing > 2014-08-27 21:25 | Report Abuse

Kajang King, Aero1.

Posted by bing > 2014-08-27 21:40 | Report Abuse

& already down 50 cts in a few days liao! Is the 'start time' to stable or up liao! MKH, please don't testing our patience liao! Thanks!

Posted by kenken85 > 2014-08-27 21:43 | Report Abuse

I m waiting for the 0.1 dividend. last year announced on Dec. This year not sure announce when

Posted by bing > 2014-08-27 21:44 | Report Abuse

Normally should be on November. I thinks.

Posted by lcng123 > 2014-08-27 22:04 | Report Abuse

i have predicted mkh will suffer from forex loss of 35mil and eps for q3 2014 about 3 to 5 sen, but luckily only 21.9mil, but eps lower than 3sen. anyway, i think people in the market already realised the forex loss and sold it in advance since a few weeks ago. that's why mkh share price drop from 4.22 to current 3.72, drop 12%. me too, already sold out a few lots recently to cash out some fund in order to buy back after announce of q3 result. so even with the disappointed q3 result, the selling pressure won't be so heavy tomorrow bcos mkh share price already drop 50sen in advance.

Posted by lcng123 > 2014-08-27 23:19 | Report Abuse

currently idr-rm already up to 3,703 from 3,747, up 1.1% and idr-usd already up to 11676 from 12,039, up 3%. if idr-rm and idr-usd can up to 5% as at 30 sep. there will be excellent q4 result due to forex gain of at least 20mil and will boost eps to 12 to 15sen.

Posted by kenken85 > 2014-08-28 08:46 | Report Abuse

Good morning MKH supporter... =)

Posted by NeverGiveUp > 2014-08-28 10:50 | Report Abuse

thn why still drop

Posted by martinbartesque > 2014-08-28 11:30 | Report Abuse

Report was out. Profit dropped from RM32.3mil (jan-june 2013) to RM11.6mil (jan-june 2014). No dividend.

Posted by martinbartesque > 2014-08-28 11:32 | Report Abuse

i believe sales in Q3 2014 will not be good also as CPO pricing is dropping now. Don't know whether want to keep it or not.

Posted by CK > 2014-08-28 12:27 | Report Abuse

me too....if sell will rugi kao~kao......

Posted by CK > 2014-08-28 12:38 | Report Abuse

or is time to buy? because now 3.52, PE:10 only(cheap).

Posted by CK > 2014-08-28 12:42 | Report Abuse

But even good result or poor result today mostly is drop.....up227, down516 so no need sad....

Posted by bing > 2014-08-28 12:53 | Report Abuse

Today MKH still lau sai. How to happy?

Posted by stkoay > 2014-08-28 13:03 | Report Abuse

Just to share share something good.............

http://klse.i3investor.com/servlets/staticfile/245124.jsp


http://www.bursamalaysia.com/market/listed-companies/company-announcements/1720917

Posted by bing > 2014-08-28 13:46 | Report Abuse

Yes! KSL really are a very good properties listed company that I had missed!

Posted by racktorick > 2014-08-28 13:56 | Report Abuse

although the current quarter result is not good, but YTD profit is better than last yr

Posted by CK > 2014-08-28 14:16 | Report Abuse

@racktorick, However need to wait Q4 if more than 30mil consider good.....

Posted by CK > 2014-08-28 14:25 | Report Abuse

KSL is good but i more prefer Plenitude(5075) nett cash company.....

Posted by soohau78 > 2014-08-28 15:47 | Report Abuse

wah...lao sai

Posted by autumnleaf > 2014-08-28 15:55 | Report Abuse

Sold off @ 3.75 yesterday morning, thanks to my own risk averse stop loss strategy and also warnings on forex losses around. Sad to realize a bit of losses but I did make some money when sold @ 4.33 before buy back later on. Perhaps I will buy back after the downtrend ends, but yeah typically I don't hold stocks when they're going downhill..

Posted by zeneyam > 2014-08-28 16:11 | Report Abuse

autumnleaf @ wah, you sold at rm 4.3 . i so sad sold at 3.73 yesterday.. got earn but higher profit if at rm 4.30...
we both are quite lucky ..
today see until faint ..

Posted by racktorick > 2014-08-28 16:24 | Report Abuse

time to enter...

Posted by autumnleaf > 2014-08-28 16:24 | Report Abuse

@zeneyam not smart enough unfortunately, because too loyal, bought back at 4.15, and sold at 3.75 yesterday... wiped off one third of my profit previously. But it's ok, still net gain and lesson learnt, need to do proper trend/technical analysis next time. And no matter how good I believe the stock is, stop loss is important for ppl like me who needs liquidity, don't plan to hold on during down times... too painful...

Posted by soohau78 > 2014-08-28 16:27 | Report Abuse

definitely ppl sell in fear now...should anyone greedy here?

Posted by kenken85 > 2014-08-28 16:29 | Report Abuse

yeaa.. shud get greeedy now.. but hard to fight the fear. haha

Posted by soohau78 > 2014-08-28 16:31 | Report Abuse

fight little bit lor

Posted by kenken85 > 2014-08-28 16:32 | Report Abuse

fight little bit. then buy little bit.. .. good idea.

Posted by autumnleaf > 2014-08-28 16:36 | Report Abuse

Don't catch the falling knife. Wait till the downtrend is over. You may not know how low it will get...

Posted by soohau78 > 2014-08-28 16:38 | Report Abuse

this is the price back in Mar'14....

Posted by bing > 2014-08-28 16:40 | Report Abuse

Kenapa syarikat SENGAJA menekan turun harga saham?

Posted by bing > 2014-08-28 16:42 | Report Abuse

Market sold out little only! Majority sold by company or certain sector!

Posted by soohau78 > 2014-08-28 16:43 | Report Abuse

how to know this?

Posted by bing > 2014-08-28 16:43 | Report Abuse

Market = kita

Posted by bing > 2014-08-28 16:44 | Report Abuse

See it from buy/sell queuing.

Posted by kenken85 > 2014-08-28 16:45 | Report Abuse

hmmm analyst still not responded to this quater result. Anyway i think it is over-reacted due to market is poor. Once cool down. it will go up back.

Posted by bing > 2014-08-28 16:46 | Report Abuse

Hopefully.

Posted by bing > 2014-08-28 16:50 | Report Abuse

Hopefully 'company's spy' not playing ' right hand to left hand' to pull the price.

Posted by lcng123 > 2014-08-28 16:56 | Report Abuse

definitely this is over reacted. in fact the result is broke even compare q3 2013 if excluding forex loss of 21,900mil. q1 2014 forex loss 19.9mil, q2 gain 29.4mil and q3 loss 21.9mil. total loss 12.4mil. estimate q4 will forex gain 20mil if idr maintain current rate until end sept. so forex still gain 20mil - 12.4mil = 7.6mil compare to loss 63mil in 2013.

Posted by autumnleaf > 2014-08-28 17:04 | Report Abuse

overreaction is good... buy back low later once the uptrend starts again =P

Posted by Zai Zai > 2014-08-28 17:13 | Report Abuse

the forex loss is only in accounting term