Posted by Aero1 > 2016-03-04 09:36 | Report Abuse

In fact if the one-ff gain is taken out, the profit margin in the property segment has been creeping higher. Good mix of products including with more high rise projects near the MRT/LRT.

Posted by lcng123 > 2016-03-07 23:17 | Report Abuse

rupiah appreciated 6% vs usd recently. coming quarter result will be another forex gain over rm20mil.

Posted by Aero1 > 2016-03-08 08:51 | Report Abuse

Increase in crude oil price is positive to CPO price.

Posted by Aero1 > 2016-03-09 17:43 | Report Abuse

They say .. will go up to RM3,000
http://www.bloomberg.com/news/articles/2016-03-09/-enormous-impact-of-el-nino-on-palm-oil-seen-fueling-20-rally

Posted by K.H > 2016-03-10 18:00 | Report Abuse

1QFY16 lifted by strong property earnings
http://eresearch.bursamalaysia.com/download.aspx?id=18111&type=research

Posted by Aero1 > 2016-03-11 08:34 | Report Abuse

Thx K.H ... With plantation young age profile and strategic and sizable property landbank, MKH should command higher PE.

Posted by Aero1 > 2016-03-11 10:02 | Report Abuse

It means something having Public Bank Group as your shareholder with 9.8% stake.

Posted by speakup > 2016-03-11 10:08 | Report Abuse

property industry not doing well nowadays
palm oil industry not doing well nowadays

how to go up?

Posted by Aero1 > 2016-03-11 12:34 | Report Abuse

Cheapest plantation proxy. Growing plantation contribution.
Healthy sales of affordable housing. Reaping harvest from high unbilled sales.

Posted by Aero1 > 2016-03-11 16:17 | Report Abuse

Now that MKH has crossed 1 bil market value, this may prompt certain funds (with mandate to invest in company of at least 1 billion) to consider to invest.

Posted by Aero1 > 2016-03-11 16:39 | Report Abuse

Remember few years back IOI acquired a plantation company owning a similar hectages ie. 15k ha or RM66k per ha for a consideration of RM1 billion. What you are paying now is for the plantation assets in MKH. You'll also get to buy property assets for free. SImple!

Posted by lcng123 > 2016-03-12 00:04 | Report Abuse

why mkh's share price will up ?

(1) property - unbilled property sales rm827mil + sales of new property in 2016Q1 (201mil - (920mil - 827mil) = rm108mil.

(2) plantation - can produce around 30mt per ha compare to other plantation operator of 20mt per ha + cpo and pk production keep increasing + stock up strategy to hold the sales volume of cpo in 2016Q1 for better cpo price + cpo price up

(3) forex - as at today, rupiah appreciated vs usd 5.3% from 31 dec 2015. it will turn up with more than rm20mil forex gain.

Posted by boon1515 > 2016-03-12 20:28 | Report Abuse

Weekly MACD cross + share price stand above Moving Average(200) soon.

Posted by Aero1 > 2016-03-14 08:40 | Report Abuse

IDR: Enjoying the moment

The IDR has appreciated the most in Asia year-to-date, exceeding our relatively positive
expectations for the currency coming into 2016. In a low-growth, low-inflation global
environment, the IDR’s attractive FX valuation ‒ at least in nominal terms (Chart 1) ‒ as well as
high nominal and real yields have stood out, attracting strong portfolio inflows.

There are other reasons behind the improvement in Indonesia’s balance of payments: First, the
current account deficit shrank to 1.9% of GDP in Q3, due to sluggish domestic demand and a
smaller services account deficit (Chart 2). The latter reflects both a decline in transportation
services costs and rising tourism revenue. While Indonesia’s commodity exports growth remain
sluggish, it appears that the worst of the terms-of-trade shock is behind us (Chart 3).

Second, FDI inflows have been on the rise, particularly from Greater China and Singapore,
and concentrated in the utility sector (Chart 4). This trend may continue as a result of the
government’s recent decision to remove many industries from the ‘negative list’ for FDI. Third,
shrinking other investment account outflows seen in the Q3 2015 data suggest that
elevated USD-IDR spot and forward points have dampened importers’ FX hedging demand.
Furthermore, we note that FX liquidity has improved as a result of policy measures, such as
Bank Indonesia’s FX term deposits (Chart 5) and FX bill issuance.

Indonesia continues to display a better fiscal position than most other EM countries. The
2016 fiscal deficit target was set at 2.1%, with a planned increase of expenditure on
infrastructure and healthcare. Removal of gasoline subsidies and plans to introduce a tax
amnesty bill has given the government room to spend in these areas. Successful sovereign
external debt issuance also reduced supply pressure in the local bond market.

Indonesia’s macro policy framework remains on the right track. The key building blocks ‒
prudent monetary policy, a flexible exchange rate and pre-emptive risk management ‒ remain in
place. These have enabled a soft landing in the credit cycle ‒ inflation is contained, while IDR
liquidity has started to ease since mid-2015, as indicated by falling deposit rates even before
policy rate cuts (Chart 6).

These developments facilitated the latest policies to lower government bond yields ‒ giving tax incentives to local pension funds and insurance companies to hold government bonds (Chart 7) and lowering deposits and lending rate ceilings.

BI has become more focused on strengthening FX reserve cover in recent years. Both BI and
the government have indicated that the IDR should not strengthen beyond its fundamentals. FX
reserves have already started to rise in February (Chart 8). Factoring the positive
developments, while bearing in mind the FX policy preference, we change our year-end
forecast for USD-IDR from 14,500 to 13,500.

Posted by Aero1 > 2016-03-14 09:41 | Report Abuse

MKH's director and major shareholder bought shares from open market.

Posted by Aero1 > 2016-03-14 09:45 | Report Abuse

Plantation assets - RM1 billion (based on latest transacted value)
Property assets - RM500 million
Total - RM1.5 billion
Value per share - RM3.60

Posted by Aero1 > 2016-03-14 11:21 | Report Abuse

EPS expected to be exceed 30 sen. PE ratio is cheap less than 10 for a plantation/property company. Alliance SDB Research - 2016/32 sen, 2017/34 sen, 2018/36.5 sen based on CPO RM2,000 per ton (to be updated soon :-))

Posted by Aero1 > 2016-03-15 08:35 | Report Abuse

MKH's independent non-executive director sold shares in open market!

Posted by Aero1 > 2016-03-16 08:55 | Report Abuse

TS Dato Chen again bought shares via open market.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5030925

Posted by Aero1 > 2016-03-17 08:39 | Report Abuse

http://www.theedgeproperty.com.my/my/content/property-sector-reach-inflection-point-soon-says-affin-hwang

Posted by RVI123 > 2016-03-17 09:34 | Report Abuse

MKH is reported and confirmed to develop some affordable housing in the former Pekeliling Flat area. I wonder that apart from that affordable housing, the whole development will also come with some high value condominium or serviced apartment? How big is MKH's portion of land in that area?

Posted by Aero1 > 2016-03-21 10:55 | Report Abuse

Plantations - Little Consolation for Local Players
http://klse.i3investor.com/blogs/PublicInvest/93417.jsp

Posted by kenken85 > 2016-03-21 13:00 | Report Abuse

all the survey house dont treat MKH as plantation company. all overlook it. once they noted mkh is a plantation company then will boom.... need more coverage from other bank

Posted by Aero1 > 2016-03-21 14:30 | Report Abuse

EPS expected to be exceed 30 sen. PE ratio is cheap less than 10 for a plantation/property company. Alliance DBS Research - 2016/EPS 32 sen, 2017/EPS 34 sen, 2018/EPS 36.5 sen BUT the assumption on CPO was RM2,000 per ton (CPO market value now - RM2,600)

Posted by Thelastone > 2016-03-21 16:42 | Report Abuse

FCPO May rm2677 and June rm2692 already

Posted by lcng123 > 2016-03-21 18:23 | Report Abuse

where we can get know the mkh's monthly or quarterly ffb and cpo production output? anybody here can share.

Posted by Aero1 > 2016-03-22 10:48 | Report Abuse

Property counters rebound from recent low ... IOIP, Matrix and Tambun

Posted by OPMS > 2016-03-23 18:30 | Report Abuse

lcng123 you can obtain from bursa malaysia website

Posted by OPMS > 2016-03-23 18:33 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?=&company=6114&category=all

Posted by dalpinia > 2016-03-24 12:11 | Report Abuse

http://www.mpoc.org.my/Daily_Palm_Oil_Prices.aspx

Posted by dalpinia > 2016-03-24 12:12 | Report Abuse

Dont forget MKH having good prospect of Palm Oil as well....strong buy call for MKH

Posted by Aero1 > 2016-03-25 12:46 | Report Abuse

Will not be surprised if EPS for 1H FY2016 in the range of 25 to 30 sen.

Posted by Aero1 > 2016-03-25 12:47 | Report Abuse

This project is selling very well.
http://www.hillparkshahalamnorth.com/masterplan.php

Posted by kenken85 > 2016-03-28 15:14 | Report Abuse

i will be surprise if the eps is so good.. but of cuz i will be so happy. this share need some promo. haha

Posted by Aero1 > 2016-03-29 09:08 | Report Abuse

Discerning buys built up and will continue approaching Q2 results in May.

Posted by Aero1 > 2016-03-29 09:35 | Report Abuse

The Company says impact of El Nino dry spell is expected to be minimal as its plantation is located at the equator with adequate rain fall. 福地

Posted by calvintaneng > 2016-03-29 14:43 | Report Abuse

Mkh?
Master Developer in Kajang.
Will benefit from Greater KL Expansion and Palm oil.
It has a reit nature.

Posted by augustinafederica > 2016-03-29 14:44 | Report Abuse

Master in MKH

Posted by Aero1 > 2016-03-29 17:09 | Report Abuse

Public bank is known to be prudent. I find Public bank's retirement fund, a substantial shareholder in MKH, offer lots of comfort to invest in this company.

Posted by Ayat > 2016-03-29 17:43 | Report Abuse

Oh No, Ayam Tua dah meninggalkan MKH.... oh no....

Posted by Aero1 > 2016-03-30 09:29 | Report Abuse

Maybank FX strategist - IDR is expected to reach 12,000 against USD by year end as its government has been doing right things.

Posted by Aero1 > 2016-03-30 10:24 | Report Abuse

Discerning buyers continue to build up for value buy.

Posted by Aero1 > 2016-03-30 12:00 | Report Abuse

http://www.bloomberg.com/news/articles/2016-03-29/indonesians-ride-resurgent-rupiah-straight-to-singaporean-malls

Posted by Aero1 > 2016-03-30 14:34 | Report Abuse

0335 GMT [Dow Jones] Indonesian palm oil production fell 9.6% in February on month while both domestic consumption and exports grew on month, according to data released by the Indonesian Palm Oil Association, otherwise known at Gapki. The data shows that in February palm oil production was just 2.7 million metric tons down from 3.0 million metric tons in January. As a result stocks in Indonesia fell to 3.7 million metric tons from 4.4 million metric tons over the same period. (lucy.craymer@wsj.com;Twitter: @lucy_craymer)

Posted by Aero1 > 2016-03-30 15:52 | Report Abuse

Palm oil blended for mandatory B20 biodiesel in Indonesia on track to achieve 3 mil tonnes in 2016. B20 biodiesel absorbed 0.52 million tonnes of palm oil in Jan and Feb this year.

Posted by Aero1 > 2016-03-31 11:01 | Report Abuse

CPO yield of 5.4 mt/ha in FY15 was amazing!

Planting Year/ Ha/ Age/ Status
2008/ 3,800/ 8/ mature
2009/ 5,200/ 7/ mature
2010/ 4,300/ 6/ mature
2011/ 1,100/ 5/ mature

Average trees age: 6.8 years.
Entering prime age zone. What a coincidence with rising CPO price!

Posted by kenken85 > 2016-03-31 11:17 | Report Abuse

aero u are so hardcore MKH supporter.. keep it up man. =)

Posted by Aero1 > 2016-03-31 11:23 | Report Abuse

The company expects to produce FFB 413,000 mt in FY16 or about 6 mt/ha of CPO.

Posted by Aero1 > 2016-03-31 12:26 | Report Abuse

Investment in MKH - 65% and Matrix Concept - 35%. Will switching to MKH a good move? But the yield from Matric Concept is tempting!

Market capitalisation RM1.1 billion for MKH vs RM1.4 bil for Matrix Concept. Which want is value buy?

Posted by Thelastone > 2016-03-31 12:38 | Report Abuse

Short term should be MKH because of CPO price up.Long term is about equal I think.