MKH BERHAD

KLSE (MYR): MKH (6114)

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Last Price

1.16

Today's Change

+0.01 (0.87%)

Day's Change

1.15 - 1.16

Trading Volume

111,100


14 people like this.

4,877 comment(s). Last comment by innocent9331 3 weeks ago

gthhh

172 posts

Posted by gthhh > 2017-04-21 17:42 | Report Abuse

thanks @quekkeong in MKH we trust

bzhai

22 posts

Posted by bzhai > 2017-04-21 20:35 | Report Abuse

can any sifu explain the impact on warrants price? I can understand the mother share, but how about old warrant, whats the impact? or anyone have a link so refer to? THank you

SALAM

1,072 posts

Posted by SALAM > 2017-04-22 18:06 | Report Abuse

For 1 warrant, you will be given 0.22 extra warrant meaning 1 warrant = 1.22 warrant after the issue and the exercise price comes down from RM1.89 to RM1.55
Sifu James, how to you get the ex-price of RM2.50, don't mind share here?

Alex Chong

712 posts

Posted by Alex Chong > 2017-04-25 14:55 | Report Abuse

Under RHB Small Cap Jewel list, MKH TP4.00, 35% upside potential.

investor77

813 posts

Posted by investor77 > 2017-04-25 17:15 | Report Abuse

Can someone tell which is better, keep warrants, or keep mother ? With warrants, end up with odd lot, 1000 wrt = 1220?

Chrishau

66 posts

Posted by Chrishau > 2017-04-25 17:21 | Report Abuse

mother

Collin Soo

894 posts

Posted by Collin Soo > 2017-04-25 17:24 | Report Abuse

Director also keep buying mother share

Aero1

1,469 posts

Posted by Aero1 > 2017-04-27 09:37 | Report Abuse

MD bought 100,000 warrants at 1.03!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5408173

Aero1

1,469 posts

Posted by Aero1 > 2017-04-27 09:42 | Report Abuse

MKH should do share buy-back so all shareholders can benefit.
The market value gap between MKH and Matrix is widening!

Aero1

1,469 posts

Posted by Aero1 > 2017-04-27 09:44 | Report Abuse

Look at UP latest quarterly results the Q1 2017 realised CPO price was 2,855/ton compared to 1,913/ton in Q1 2016. What an increase!

Aero1

1,469 posts

Posted by Aero1 > 2017-04-27 11:12 | Report Abuse

Today last trading day before ex tomorrow. Happy investing guys!

lcng123

1,126 posts

Posted by lcng123 > 2017-04-28 09:36 | Report Abuse

wow.... mkh-wb up 10sen

fruni

13 posts

Posted by fruni > 2017-04-28 09:55 | Report Abuse

Anyone know what's the new exercise price for WB?

mudwyx

164 posts

Posted by mudwyx > 2017-04-28 10:35 | Report Abuse

Noob investor here, when is the due date to subscribe the rights issue?

Posted by Wong Kok Hoong > 2017-04-28 11:37 | Report Abuse

Noob here, wanna ask why MKH Stock price drop almost 50sen during opening today?

mysmo1

201 posts

Posted by mysmo1 > 2017-04-28 11:55 | Report Abuse

where can i subscribe the right? or will i get compensate with more share or with new warrant?

CK

269 posts

Posted by CK > 2017-04-28 12:51 | Report Abuse

Dear all, May i know how to apply RI?
Thanks advise.

Posted by smallvestor > 2017-04-28 21:47 | Report Abuse

fruni & mudwyx: please read the company's announcement
mysmo1 & ck: ask/phone your remisier or the online trading company's dealer
Wong kok hoong: ex-rights issue mah

yh84

4 posts

Posted by yh84 > 2017-04-30 16:03 | Report Abuse

let's say i owned MKH-WB, after RI, will my warrant cost revised?

AK2899

322 posts

Posted by AK2899 > 2017-05-01 03:23 | Report Abuse

hi expert,

TWO (2) BONUS SHARES FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED FOR ON AN ENTITLEMENT DATE

Does this mean the share going to split after the right issue since bonus of 2 given to every one Right that you subscribed ?

Thank you

Sam Khoo

16 posts

Posted by Sam Khoo > 2017-05-01 10:27 | Report Abuse

Any impact If no subscribe ?

tjunkie

123 posts

Posted by tjunkie > 2017-05-01 10:53 | Report Abuse

impact is your shares get diluted and u get temporary paper loss with the price adjustment

Sam Khoo

16 posts

Posted by Sam Khoo > 2017-05-01 10:56 | Report Abuse

Temporary ?

lcng123

1,126 posts

Posted by lcng123 > 2017-05-01 17:29 | Report Abuse

for those don't want to subscribe right issue can sell the right in open market on 4 may to 11 may. check mkh-or price in this period and don't waste the chance to get back some money due to share price adjusted.

Sam Khoo

16 posts

Posted by Sam Khoo > 2017-05-01 17:56 | Report Abuse

Thanks for the information ya

AK2899

322 posts

Posted by AK2899 > 2017-05-01 20:27 | Report Abuse

Sell Sell Sell

leealex24

95 posts

Posted by leealex24 > 2017-05-02 10:31 | Report Abuse

When would we get the additional 22% warrants?

Posted by Tawan Wannapaeree > 2017-05-02 13:34 | Report Abuse

I hvn got the right issue application form.
What n where can I do.
Thanks

goyangkaki

119 posts

Posted by goyangkaki > 2017-05-02 14:27 | Report Abuse

Why the Mother share is keep on dropping.. I remember a motnth ago was nearly rm 3

Posted by smallvestor > 2017-05-02 14:46 | Report Abuse

Management is giving warrant holders a better deal than mother share holders so they are selling MKH mother share -- hence drop. Remisier friend says this has practically never happened before. Wonder why? Is it because management are holding more warrants than mother share (since it is cheaper then)?

Posted by smallvestor > 2017-05-02 15:16 | Report Abuse

Management should prop up mother share by buying or announce something to benefit MKH ms holders.

mysmo1

201 posts

Posted by mysmo1 > 2017-05-02 17:45 | Report Abuse

@smallvestor, thanks a lot. Really hate this right issue practice...

jafon1989

48 posts

Posted by jafon1989 > 2017-05-03 09:46 | Report Abuse

Dear fellow sifus and friends, I know this question has been asked before, and I am asking again because I have not really seen a clear response.

Q: I am currently holding the warrants (MKH-WB); I do not hold any of the mother share. I see that the current MKH-WB has been adjusted down for the bonus issue. Can I confirm that as warrant holders will not be entitled to the rights and bonus issues, nothing will happen to our existing unit and we will suffer the direct losses from the adjustment?

Hope someone here can help to clarify.

lcng123

1,126 posts

Posted by lcng123 > 2017-05-03 10:02 | Report Abuse

you will get your mkh-wb bonus share and will be credited into your account soon. with 1000 units, you will get extra 220 units.

jafon1989

48 posts

Posted by jafon1989 > 2017-05-03 10:14 | Report Abuse

@lcng123 thank you so much for the kind response. I know that applies for mother share; is this applicable to existing warrant holders. My interpretation is we are not entitled (I DO NOT hold any of the mother shares, only warrants), can you please clarify?

leealex24

95 posts

Posted by leealex24 > 2017-05-03 10:41 | Report Abuse

Just called the registrar. The MKH warrants only going to be in by 1st June - together with rights issue. So late!

Posted by smallvestor > 2017-05-03 11:50 | Report Abuse

jafon1989, don't worry -- you are getting a better deal than the ms holders. As explained by lcng123 you don't have to do anything and you will get 22% warrants which you can convert to MKH ms later at only RM1.55. What a kind management! No need to spend time and money (conversion cost + remittance cost). I am kicking my ass now as I was advised that it will be better by converting early. With ms price dropping you can imagine the huge amount of curses heaped upon those who proposed this great idea.

bsngpg

2,842 posts

Posted by bsngpg > 2017-05-03 11:57 | Report Abuse

I learned that new conversion price will be 1.89.

jafon1989

48 posts

Posted by jafon1989 > 2017-05-03 12:06 | Report Abuse

@smallvestor thank you for the clarification. I am expecting a better contribution from MKH's plantation and development sector for the coming QR announcement, which is expected on 29 May 2017 (estimation). CPO prices were at its all time high/higher during December - March. Hope this exercise would benefit all shareholders before the push before the release of the upcoming QR.

alantan

59 posts

Posted by alantan > 2017-05-03 22:23 | Report Abuse

what will be the reference price for MKH-OR?

AK2899

322 posts

Posted by AK2899 > 2017-05-04 02:58 | Report Abuse

Sell Sell Sell !!! Keep Drop

AK2899

322 posts

Posted by AK2899 > 2017-05-04 03:07 | Report Abuse

Right will trade at least rm4.5 ~ RM5.5 if i am not wrong

AK2899

322 posts

Posted by AK2899 > 2017-05-04 09:08 | Report Abuse

bingo ! Or really open trade at rm4.5 ~ RM5.5 . Sell sell sell ...

lcng123

1,126 posts

Posted by lcng123 > 2017-05-04 09:20 | Report Abuse

jafon, how do you confirm warrant is not entitle for bonus issue?

nieziam

1 posts

Posted by nieziam > 2017-05-04 09:31 | Report Abuse

@scabious where should I learn and refer the formula to caculate the OR price, since all the OR have different method of caculation

Investeye

2,347 posts

Posted by Investeye > 2017-05-04 09:36 | Report Abuse

Opportunity to accumulate at low especially price near RM2.31. ....

Investeye

2,347 posts

Posted by Investeye > 2017-05-04 14:22 | Report Abuse

From RHB Investment..While MKH’s property development business may be facing some headwinds, we believe its prime landbank location in Kajang/Semenyih/Cheras will bode well for it in the medium term, given the increased connectivity near the three new MRT stations, as well as its increasing focus on the affordable housing market. In the next few years, its plantations division could rise in prominence, given the increasing FFB yields leading to lower unit costs. While MKH’s plantation landbank is still relatively small, it continues to expand with its latest acquisition in 2016 being 2,445ha of landbank in Kalimantan. We value the company with SOP, using RNAV for property and P/E targets for the plantation and other divisions; we attribute a 50% discount to RNAV to value the property division, a 2018 P/E target of 15x for the plantation division (in line with other small plantation companies) and 8x for the other divisions. We have diluted the share base for rights and bonus issue, giving us a fair value of MYR4.00.
This is for longer term...

leealex24

95 posts

Posted by leealex24 > 2017-05-04 18:26 | Report Abuse

This stock is not deserving of its current price.

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