Posted by Aero1 > 2015-04-27 10:05 | Report Abuse

This company is undervalued.
Market value reflects the plantation segment only 1.1 b / 15000 ha = 73 per ha
Property is bonus yet it is the largest profit contributor.
Watch out for MRT Line 2 re-alignment. The company has 13 acres land in Serdang .. a big boost.
Dividend yield 3.5% to 4%.
Go buy Ho Chin Soon Map see how MKH positions its developments in the Kajang to Semenyih corridor after Eco World, SP Setia and UEM.
Happy Investing!

Posted by Investeye > 2015-04-28 21:38 | Report Abuse

Will continue to accumulate if the price further drop, anyway this stock may take middle term to get a fruitful return.

Posted by hiroya > 2015-04-29 11:00 | Report Abuse

Bought at 2.62..My TP 2.74.

Posted by Investeye > 2015-04-29 15:24 | Report Abuse

Mtached at RM2.60..

Posted by davors > 2015-04-30 14:20 | Report Abuse

buy a few 2.50... buy more at 2.30~

Posted by Investeye > 2015-05-05 22:13 | Report Abuse

Write a comment..waiting at RM2.55

Posted by bsngpg > 2015-05-07 22:43 | Report Abuse

Not to pour cold water but I have an opinion that visibility of good day for MKH is low due to lackluster CPO and tough macro-environment of properties. Nevertheless I still think it's property arm would be fine seeing the announced good results of Tambun and Matrix. Whereas CPO biz would pull the overall performance down. In short term, I do not see excitement in MKH, do you? For longer term, ???

Posted by Investeye > 2015-05-08 13:14 | Report Abuse

Matched at RM 2.50, if further down to RM2.45,may collect few lots

Posted by Investeye > 2015-05-13 13:14 | Report Abuse

Take opportunity to accumulate at RM2.40.

Posted by K.H > 2015-05-28 19:09 | Report Abuse

1H net profit 50.815 million (decreased 31.88%)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4755037

OTHERS
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4755025

Posted by fast > 2015-06-03 08:16 | Report Abuse

Director Mr Chen Lok Loi acquired 20000 shares in 29 May

Posted by fast > 2015-06-04 19:20 | Report Abuse

http://eresearch.bursamalaysia.com/download.aspx?id=17041&type=research

TP: RM3.8

Posted by Teik Ghee > 2015-06-15 16:19 | Report Abuse

so today any1 collected ?

Posted by fast > 2015-06-22 08:01 | Report Abuse

CHEN LOK LOI acquired another 30000 shares...

Posted by shrobin > 2015-07-01 17:02 | Report Abuse

MKH CFO retires: http://www.bursamalaysia.com/market/listed-companies/company-announcements/4787929

Posted by hiroya > 2015-07-23 12:15 | Report Abuse

This counter is recovering.

Posted by lcng123 > 2015-07-23 12:37 | Report Abuse

share price up due to report from alliance research. according to report, mkh's plantation worth rm1.1bil and mkh has settled usd85mil on debt amidst strong usd currency since march this year. this will reduce the risk of mkh in facing forex loss in plantation sector. mkh faced rm13.8mil in plantation sector last quarter.

Posted by lching > 2015-07-23 12:37 | Report Abuse

wow up 10%!

Posted by hiroya > 2015-07-23 12:40 | Report Abuse

Thanks for the info lcng123

Posted by Eric Fong > 2015-07-23 13:07 | Report Abuse

R u sure increase due to the report?

Posted by hiroya > 2015-07-23 14:51 | Report Abuse

MKH strategy pays off
Thursday, 23 July 2015

New landmark: An artist’s impression of Kajang 2. MKH’s property crown jewel is the 220-acre Kajang 2 flagship development, where more projects would be rolled out closer to the completion of the MRT in 2017.
New landmark: An artist’s impression of Kajang 2. MKH’s property crown jewel is the 220-acre Kajang 2 flagship development, where more projects would be rolled out closer to the completion of the MRT in 2017.

PETALING JAYA: MKH Bhd’s focus on developing affordable homes will help the company continue to generate steady earnings despite the slowdown in the local property market.

AllianceDBS Research said in a report yesterday the company’s strong orderbook was testament that there was robust demand for affordable homes.

“Unbilled property sales had reached a record high of RM843mil as at March 2015, representing 1.6 times its 2015 (ending Sept 30) property revenue. We understand property sales had reached RM600mil as at June, and is on track to meet its 2015 target of RM850mil.

“This is largely driven by its focus on affordable homes, which remain popular with buy-to-stay homebuyers.”

The research house said MKH’s property crown jewel is the 220-acre Kajang 2 flagship development, where more projects would be rolled out closer to the completion of the Mass Rapid Transit (MRT) in 2017.

“We conservatively estimate the land alone to be worth over RM300mil,” it said.

AllianceDBS Research added that MKH’s property sales had been resilient over the past two years despite the slower market, thanks to its focus on affordable homes, in which the group has a good track record.

“MKH never employed the Developer Interest-Bearing Scheme when its peers introduced the incentive package in the past few years to attract buyers. This suggests the focus on affordable homes has helped to boost its sales.”

According to the research house, MKH still has about 1,400 acres of land bank, about half of which is located in the booming Kajang-Semenyih growth corridor and spurred by the development of the MRT connectivity.

“The land bank has generated more than RM10bil in gross development value and has underpinned earnings visibility for more than 10 years. However, MKH continues to actively scout for strategic land bank,” it said.

Separately, the research house said the company’s plantation business was already self-sustaining, adding that MKH had started servicing its US$85mil (RM323mil) borrowings since March.

“Thanks to the young tree profile, first-half 2015 fresh fruit bunch volume grew 41% year-on-year and helped to offset the impact of the low crude palm oil (CPO) price.

“A sustainable recovery of CPO prices will be a major catalyst for MKH because of the naturally high operating leverage for the plantation business,” it said.

Posted by Aero1 > 2015-07-23 15:00 | Report Abuse

The best is yet to come .. stay tuned.

Posted by lcng123 > 2015-07-23 15:32 | Report Abuse

alliance's report just out recently and mkh share price up these 2 days from 2.18. settlement of usd85mil was encouraged as this more or less will reduce forex loss impact in plantation sector.

http://mkh.irplc.com/medianews.htm?filepath=MKH/MKH-The%20Star-23072015.pdf

http://mkh.irplc.com/medianews.htm?filepath=MKH/MKH-Oriental-23072015.pdf

Posted by Aero1 > 2015-07-24 10:14 | Report Abuse

Public bank a solid shareholder behind MKH.

Posted by hiroya > 2015-07-27 09:14 | Report Abuse

I will hold this counter until dividend announcement.

Posted by fast > 2015-07-27 19:19 | Report Abuse

http://eresearch.bursamalaysia.com/download.aspx?id=17170&type=research

TP: RM3.8

Posted by Wikiileaks > 2015-07-27 21:54 | Report Abuse

I wonder why? So high to?

Posted by chaobaodtw > 2015-08-07 15:04 | Report Abuse

just bought in 2.30

Posted by chaobaodtw > 2015-08-07 15:05 | Report Abuse

hopefully can fly on monday

Posted by fast > 2015-08-13 19:01 | Report Abuse

http://eresearch.bursamalaysia.com/download.aspx?id=17236&type=research

TP: RM3.8

Posted by fast > 2015-08-27 07:34 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4845673

Net assets per share increased to RM2.54

Posted by fast > 2015-09-02 19:07 | Report Abuse

http://eresearch.bursamalaysia.com/download.aspx?id=17385&type=research

TP: Rm2.8

Posted by lcng123 > 2015-10-03 22:26 | Report Abuse

Recently bullish of cpo price and ffb output increase plus the reduce of debt in usd will benefit to mkh plantation biz

Posted by fast > 2015-10-13 19:03 | Report Abuse

TP: RM2.8 http://eresearch.bursamalaysia.com/download.aspx?id=17490&type=research

Posted by stevenlum81 > 2015-10-15 14:20 | Report Abuse

What's up MKH? Show us your M-POWER!

Posted by K.H > 2015-10-17 09:18 | Report Abuse

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=604828:kajang-from-satay-town-to-residential-enclave#axzz3omdYWXvn

Posted by stevenlum81 > 2015-10-19 01:27 | Report Abuse

When will you show us the dividend announcement?

Posted by wei007 > 2015-10-19 22:54 | Report Abuse

have been waiting for the dividend for so long...

Posted by fast > 2015-10-20 07:23 | Report Abuse

Dividend announcement probably in 9 Dec, as in 2013...

Posted by lcng123 > 2015-11-04 09:19 | Report Abuse

They didn't fix the dividend date, hard to predict.

Posted by Aero1 > 2015-11-10 21:37 | Report Abuse

http://www.wsj.com/articles/el-nino-heats-up-as-indicators-suggest-one-of-the-worst-1447157288

Posted by Aero1 > 2015-11-24 11:09 | Report Abuse

Dividend expectation!

Posted by Aero1 > 2015-11-24 11:43 | Report Abuse

Fundamental very sound company.

Posted by kenken85 > 2015-11-25 10:03 | Report Abuse

dividend is 0.08 i think. not so great. but i will keep it. boom will come once lrt complete

Posted by stevenlum81 > 2015-11-26 20:22 | Report Abuse

When will be the dividend be announce? This year really silence for this share!

Posted by K.H > 2015-11-28 01:05 | Report Abuse

Quarterly results 30 Sep 2015 - Dividend 7 sen and 920 million unbilled sales
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4934629

Posted by kenken85 > 2015-11-28 08:35 | Report Abuse

what mean by unbilled sales actually?

Posted by lcng123 > 2015-11-28 23:36 | Report Abuse

I thought mkh already gradually settle the usd borrowings, but from the latest report, they still having usd73.75mil borrowings (Q3 was usd77.5mil, Q2 was usd81.25mil, Q1 was usd85mil). they have to speed up the usd borrowings settlement as the forex loss for Q4 was rm18mil, 2015 forex loss rm36.9mil

Posted by Aero1 > 2015-11-29 20:32 | Report Abuse

Property unbilled sales all times record high at RM920 million. Good earnings visibility.
To capitalise on MRT which is scheduled to complete in 2007 by launching more projects.

Posted by stevenlum81 > 2015-11-29 20:39 | Report Abuse

Very disappointed with the entitlement!