Posted by Aero1 > 2015-11-29 20:41 | Report Abuse

Plantation, aside from the non-cash forex losses, performed remarkably well. CPO yield is 7 to 8 tonnes/ha, throwing behind many established plantation companies. Look at the increase in CPO sales from 76.6k tonnes to 108.9k tonnes. This is poised to increase further with more trees coming into maturity. Average selling price of CPO was less than RM2,000 a ton in FY2015. Big impact on earnings if CPO price average RM2,300 next year.

Posted by Aero1 > 2015-11-29 20:42 | Report Abuse

MKH is back on profit growth track!

Posted by Aero1 > 2015-12-02 08:45 | Report Abuse

What a strategic alliance! MKH's brand name get boosted!
Want a Japanese's element house look no further than MKH.
PanaHome MKH Malaysia Sdn Bhd - http://www.bursamalaysia.com/market/listed-companies/company-announcements/4938653

Posted by sunztzhe > 2015-12-02 09:09 | Report Abuse

MKH is consolidating now. Future drivers of MKH share price:
- MRT line 2 realignment
- Further improving CPO yields from maturing trees
- Potential further upside to CPO price in 2016
- RM reverses from its undervalued status in 2016

First interim dividend of 7 cents/share gives decent DY of 3.1%. Looks liked downtrend for more than a year is over. Now in sideways consolidation waiting for breakout towards uptrend.

Posted by Aero1 > 2015-12-02 10:24 | Report Abuse

Spot on! 2016 property segment to contribute at least 25 cents per share.

Posted by Aero1 > 2015-12-02 10:26 | Report Abuse

Panahome Global's sales in FY2015 was USD2.7 billion.
http://www.panahome.jp/english/index.html

Posted by sunztzhe > 2015-12-02 12:45 | Report Abuse

Panahomes comes with..
-self cleaning KiraTech tiles containing advanced photocatalytic technology that self-clean when exposed to sun or rain
-Solar panels on the rooftop generates clean energy for its own consumption
-Interior Panasonic skirting, doors, flooring and smart storage ideas.
-PureTech ventilation system performs air filtering before being channeled into the house

Posted by Aero1 > 2015-12-02 14:14 | Report Abuse

Just sharing .. http://www.theedgeproperty.com.my/content/mkh-partners-panasonic%E2%80%99s-housing-unit-building-works-malaysia

Posted by Aero1 > 2015-12-03 15:11 | Report Abuse

2016 plantation outlook for MKH.
- tightening output in the market due to dry weather associated with El Nino
- CPO price to be trading up
- higher output by MKH due to young trees and more trees come into maturity
- USD borrowing being liquidated and softening of USD (likely after Fed lifts its rate)
Happy investing!

Posted by fast > 2015-12-03 18:29 | Report Abuse

TP: RM2.8 http://eresearch.bursamalaysia.com/download.aspx?id=17782&type=research

Posted by Aero1 > 2015-12-04 09:38 | Report Abuse

S.No. / Date / Closing Price / Target Price / Rating
1: 01 Dec 14 / 3.02 / 5.40 / BUY
2: 26 Jan 15 / 2.71 / 4.10 / BUY
3: 16 Feb 15 / 2.89 / 4.10 / BUY
4: 29 May 15 / 2.38 / 3.80 / BUY
5: 22 Jul 15 / 2.29 / 3.80 / BUY
6: 10 Aug 15 / 2.26 / 3.80 / BUY
7: 27 Aug 15 / 2.02 / 2.80 / BUY
8: 09 Sep 15 / 2.04 / 2.80 / BUY
9: 07 Oct 15 / 2.36 / 2.80 / BUY

Haha how many times wrongs can he have? Haha

Posted by DreamDominator > 2015-12-06 05:13 | Report Abuse

slow

Posted by Aero1 > 2015-12-07 16:29 | Report Abuse

http://www.theedgeproperty.com.my/content/mkh-bhd-changing-better

Posted by K.H > 2015-12-10 14:31 | Report Abuse

Oil Palm Rising Star: MKH
http://klse.i3investor.com/blogs/kianweiaritcles/87900.jsp

Posted by stocktraderbyday > 2015-12-31 15:22 | Report Abuse

with CPO prices going up, MKH would be one of the best stocks to ride on this! Attractive valuations + young plantations with good yields!

Posted by Aero1 > 2015-12-31 16:10 | Report Abuse

http://www.bloomberg.com/news/articles/2015-12-31/palm-oil-set-for-best-year-since-2010-as-el-nino-threatens-crop

Posted by fast > 2016-01-01 15:01 | Report Abuse

Let's not forget the history of palm oil:

Feb 2001 - USD 185
Feb 2011 - USD 1250
Now 2016 - USD 562
2026 - USD ????

Posted by lcng123 > 2016-01-05 21:51 | Report Abuse

unbilled sales of 920mil couple with rupiah appreciate vs usd from oct - dec 2015 and more and more palm oil trees matured, the coming quarterly in end of feb will give you a special surprise in net profit, especially huge gain in forex.

Posted by stocktraderbyday > 2016-01-06 11:03 | Report Abuse

Potential bonus issue to sweeten things as well?

Posted by stocktraderbyday > 2016-01-06 11:06 | Report Abuse

Looking at the improving CPO prices, we may see the plantation segment pulling its weight for MKH's earnings breakdown contribution. This will drive make the forward p/e more attractive at current levels. May see a re-rating from analysts. Young tree profile of between 6-7 years, ffb yield is very good as well!

Posted by Aero1 > 2016-01-06 12:37 | Report Abuse

http://www.bloomberg.com/news/articles/2016-01-05/el-nino-peak-has-weather-forecaster-warning-of-possible-la-nina

Posted by Aero1 > 2016-01-06 12:39 | Report Abuse

La Nina has in the past resulted in higher grains prices including soybean price.

Posted by kennyt > 2016-01-08 15:16 | Report Abuse

I think something to keep in mind is that the main argument for an increase in CPO prices due to El Nino is that supply is expected to fall in the future. Hence, the amount of Palm Oil that produced may also take a hit, which may affect overall profits.

However, the decline in output will be more severe for Indonesia than for Malaysia. Hence, Palm Oil producers in Malaysia should theoretically be able to gain from this situation.

Posted by stocktraderbyday > 2016-01-08 23:19 | Report Abuse

http://www.theedgemarkets.com/my/article/drought-warm-winters-seen-hitting-india-rapeseed-output-oil-content

Posted by stocktraderbyday > 2016-01-08 23:19 | Report Abuse

Rapeseed supplies falling leading to increase in their prices. Boost in demand for CPO!

Posted by DreamSubjugator > 2016-01-08 23:27 | Report Abuse

wolume so smon

Posted by K.H > 2016-01-13 00:28 | Report Abuse

Worst over for plantations as CPO seen rebounding
http://www.thestar.com.my/business/business-news/2016/01/12/worst-over-for-plantations-as-cpo-seen-rebounding/
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4973269

Posted by Aero1 > 2016-01-19 15:59 | Report Abuse

http://www.bloomberg.com/news/articles/2016-01-19/strong-el-nino-seen-sticking-around-as-cyclones-delay-demise

Posted by Aero1 > 2016-01-21 11:58 | Report Abuse

The market is really bearish ..
30/9/2015 - Price 2.30 CPO price 2000
Now - Price 2.08 CPO price 2450

Posted by lcng123 > 2016-01-21 17:04 | Report Abuse

30/09/15 - rupiah vs usd 14,680
now - rupiah vs usd 13,900
rupiah appreciate vs usd nearly 5.3%

30/09/15 - rupiah vs rm 3,312
now - rupiah vs rm 3,175
rupiah appreciate vs nearly 4.1%

so, mkh forex gain at least rm10mil

Posted by Aero1 > 2016-01-22 10:07 | Report Abuse

lcng123 good one.
USD borrowing is also being liquidated.

Posted by lcng123 > 2016-01-22 21:24 | Report Abuse

even in such a bearish market, i am never thinking to sell a single unit of mkh share. i am waiting its price to drop below 2.00 if any.

Posted by Aero1 > 2016-01-29 10:50 | Report Abuse

While others are affected, MKH says its own estates expect minimal El Nino impact as it is located at the equuator with adequate rain fall and good network of canals for irrigation.

Posted by Aero1 > 2016-01-29 16:36 | Report Abuse

2016 EPS. Plantation could potentially contribute 10 cents while property may chalk up 20 to 25 cents. Happy Investing!

Posted by Aero1 > 2016-02-02 13:55 | Report Abuse

The sensitivity analysis of foreign exchange risks as shown in its latest annual report, MKH says if USD weakens against IDR by 5%, the PBT is to increase by RM12 million and vice-versa.

Posted by lcng123 > 2016-02-02 23:28 | Report Abuse

you are right, aero1... strong rupiah definitely will boost the earning of mkh. mkh suffered from forex loss in last 3 quarters (q2 2015 loss 13.8mil, q3 2015 loss 5.4mil and q4 2015 loss 18mil) due to weaken of rupiah. now is the time for mkh to gain back the previous loss.

Posted by Aero1 > 2016-02-03 13:35 | Report Abuse

http://www.bloomberg.com/news/articles/2016-02-03/indonesian-finance-minister-bullish-on-rupiah-trajectory-in-2016

Posted by Aero1 > 2016-02-05 09:23 | Report Abuse

Win another project along Jalan Tun Razak. Next to Titiwangsa LRT and Monorail.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4995045

Posted by Aero1 > 2016-02-05 16:14 | Report Abuse

Higher CPO price, higher property profit and strengthening IDR yet price no movement!!

Posted by Aero1 > 2016-02-16 08:01 | Report Abuse

http://www.bloomberg.com/news/articles/2016-02-15/india-s-palm-imports-rebound-from-first-decline-in-12-months

Posted by Aero1 > 2016-02-24 21:48 | Report Abuse

IDR has been resilient lately. Good news to Indonesia plantation company with USD debts.

Posted by lcng123 > 2016-02-24 23:44 | Report Abuse

yes. idr appreacited 6% vs usd and 3% vs rm as at 31 dec 2015, estimate mkh forex gain at least rm10mil in quarter ended 31 dec 2015.

Posted by Aero1 > 2016-02-25 08:38 | Report Abuse

Also paying lesser to the CPO levy in USD with the strengthening of IDR.

Posted by K.H > 2016-02-25 17:55 | Report Abuse

1Q net profit 67.021 million (increased 89.63%)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5010341

Posted by K.H > 2016-02-25 18:13 | Report Abuse

Property construction - Revenue 201.3 mill, PBT 62.2 mill
Plantation - Revenue 31.4 mill, PBT 17.6 mill
Property investment - Revenue 9.2 mill, PBT 3.5 mill
Trading - Revenue 19.4 mill, PBT 1.7 mill
Manufacturing - Revenue 4.7 mill, PBT 0.6 mill
31.12.2015 unbilled sales (826.8 million)

Posted by Aero1 > 2016-02-25 21:24 | Report Abuse

It is remarkable, given the soft property market, to see the unbilled property sales sustaining at this high level. Kudos to MKH!

Posted by lcng123 > 2016-02-25 22:48 | Report Abuse

unexpected of forex gain rm23mil as idr appreciated 6% only vs usd as at 31 dec 2015 from 30 sep 2015. well done for the management to hold the cpo sales volume to following quarter for higher cpo price. next quarter will be higher revenue and profit in plantation sector. unbilled sales stood at rm826.8mil and more and more sales will be recognised in next quarters.

Posted by Aero1 > 2016-02-26 09:13 | Report Abuse

Yes plantation earnings is expected to go higher on the back of higher CPO and PK prices and sales quantities and the resilient IDR. Q1 has EPS of 14 sen!

Posted by Aero1 > 2016-02-29 09:59 | Report Abuse

See the media coverage given to President Indonesia. That's a credible plan and will spur confident.
http://www.bloomberg.com/news/videos/2016-02-25/evolving-indonesia-jokowi-s-mission

Posted by Aero1 > 2016-03-04 09:34 | Report Abuse

http://www.bloomberg.com/news/articles/2016-03-03/indonesia-s-rallying-8-bonds-lure-funds-in-negative-rate-world