Posted by thesteward > 2019-12-09 15:29 | Report Abuse

This is a v v good counter for investment not for trading though . Can easily above rm2

Posted by lcng123 > 2019-12-09 15:55 | Report Abuse

bclim, yes they do mentioned few years back. The IPO fund can use to settle borrowings and acquire more plantation landbank. And shareholders can get some free share.

Posted by Seremban > 2019-12-09 16:15 | Report Abuse

Hold tight. Flying soon

Posted by runroadtokl > 2019-12-09 16:25 | Report Abuse

MKH is still cheap, NTA rm2++

Posted by dompeilee > 2019-12-09 19:17 | Report Abuse

Very good closing =)

Posted by thesteward > 2019-12-09 22:10 | Report Abuse

Yea mkh is really a good counter for long term . Cu at 2.50
Lcng123 analyses is right .
Comrades see you all at 2.50 next year ....

Posted by thesteward > 2019-12-09 22:14 | Report Abuse

Hope Ang pow big big next month

Posted by thesteward > 2019-12-09 22:17 | Report Abuse

https://www.cnbc.com/2019/11/07/reuters-america-indonesias-b30-biodiesel-mandate-will-require-additional-2-point-5-mt-of-crude-palm-oil--mistry.html

Posted by thesteward > 2019-12-09 22:18 | Report Abuse

https://www.cnbc.com/2019/11/07/reuters-america-indonesias-b30-biodiesel-mandate-will-require-additional-2-point-5-mt-of-crude-palm-oil--mistry.html

Posted by thesteward > 2019-12-09 22:19 | Report Abuse

This will augur real well esp for mkh

Posted by thesteward > 2019-12-09 22:25 | Report Abuse

Mkh if recall correctly has over 18k hectares of palm
Oil plantation in East Kalimantan.

Posted by Nepo > 2019-12-10 09:59 | Report Abuse

The bad part is Indo gov't might need to fork out more allocation (via tax) to cover the shortfall if they want to push B30 biodiesel programme. The extra allocation may be sources from the possibility of uplifting the palm oil export duty as well as windfall tax.

Posted by thesteward > 2019-12-10 11:47 | Report Abuse

Hold next year feb hopefully sell above 2.20 for Ang pow big big lo

Posted by Aero1 > 2019-12-11 08:47 | Report Abuse

Have different take. Borrowings for the plantation asset are being liquidated. Good CPO price can settle the borrowings faster.

Posted by Aero1 > 2019-12-11 08:49 | Report Abuse

Plantation can be a cash cow providing steady cash flow for dividend. May be MKH should consider paying quarterly dividend.

Posted by Aero1 > 2019-12-11 08:50 | Report Abuse

Anyway, both engines now run well. Hold tide!

Posted by Aero1 > 2019-12-11 08:52 | Report Abuse

Its market value will overtake Matrix if mkh pays more dividends which sure the company can afford.

Posted by Aero1 > 2019-12-11 08:53 | Report Abuse

Next year operations cash can range from 300 to 350 mil. Cash starts piling up from now.

Posted by Aero1 > 2019-12-11 10:04 | Report Abuse

Very performing property assets. 1 billion unbilled sales seems sustainable.

Posted by bclim_83 > 2019-12-11 10:07 | Report Abuse

Yes, very good cash flow each year. They manage to pare down their debt in usd for its plantation business quite substantially. Its 500 acre land in kajang was bought more than 20 years ago. Now the price has appreciated substantially. It should worth rm 2 and above. It has fallen from rm 2.5 after right issue 2 years ago and should worth at least that price

Posted by calvintaneng > 2019-12-11 13:38 | Report Abuse

Very good performance Mkh!!

Clap
Clap
Clap

Time to take profit and switch to Nfcp bull run stocks like Netx, Opcom, Redtone and sacofa(cmsb)

Posted by lcng123 > 2019-12-11 21:03 | Report Abuse

The momentum of CPO price in Indonesia kept going on. CPO price hit USD750 (above RM3,100).
Next QR plantation revenue will be more than RM80mil and profit (Excl. interest expenses and forex) more than RM30,000. Plantation itself EPS around 4sen

Posted by Aero1 > 2019-12-12 06:43 | Report Abuse

Plantation eps can 15 sen. Total can 35 sen.

Posted by Aero1 > 2019-12-12 06:44 | Report Abuse

More trees into prime age and recovery from stress, plantation eps can 20 sen.

Posted by Aero1 > 2019-12-12 06:45 | Report Abuse

Kajang 2 more mature and population now, time to introduce and sell high value products.

Posted by sctan > 2019-12-12 07:20 | Report Abuse

CPO earnings are used to pare down the debt from buying the palm oil land. So mkh will not increase the dividend in the near future. Hopefully it will not need to issue right shares again.

Posted by lcng123 > 2019-12-12 09:11 | Report Abuse

the USD borrowing is getting lower compare to previous year. I don't think there was another right issue in near future.

Posted by Aero1 > 2019-12-12 09:40 | Report Abuse

If business is good, borrowings are good and cheaper.

Posted by Aero1 > 2019-12-12 09:41 | Report Abuse

MKH made the wrong call in the previous RI. But then the banks won the race.

Posted by Aero1 > 2019-12-12 09:42 | Report Abuse

Anyway, no RI is expected unless MKH makes big acquisitions.

Posted by Aero1 > 2019-12-12 09:44 | Report Abuse

The operations cash flow is enough settle all borrowings in 2 to 3 years.

Posted by Aero1 > 2019-12-12 09:46 | Report Abuse

When both engines run well, we hold tight.

Posted by calvintaneng > 2019-12-12 11:05 |

Post removed.Why?

Posted by thesteward > 2019-12-12 11:26 | Report Abuse

Took some profit 1.70

Posted by dompeilee > 2019-12-12 19:24 | Report Abuse

I'll not take profit before the ex-div date...

Posted by thesteward > 2019-12-12 19:43 | Report Abuse

Geng

Posted by Aero1 > 2019-12-12 20:07 | Report Abuse

The FFB yield is 30t/ha many of the other companies still tailing.

Posted by Aero1 > 2019-12-14 08:14 | Report Abuse

Bandar Malaysia project is positive to MKH.

Posted by Chrishau > 2019-12-14 08:26 | Report Abuse

How do you know?

Posted by Aero1 > 2019-12-14 14:08 | Report Abuse

A vibrant KL South is good.
More money will pour in.
Businesses will bebefit.

Posted by Aero1 > 2019-12-14 14:10 | Report Abuse

MKH has a piece of land nearby. The project has been delayed. MKH World.

Posted by Aero1 > 2019-12-14 14:11 | Report Abuse

Even Kajang is considered close to Bandar Malaysia where prices are still reasonable.

Posted by Aero1 > 2019-12-14 14:13 | Report Abuse

Even Sunway also forms a JV with MKH.

Posted by Aero1 > 2019-12-14 14:14 | Report Abuse

Will closely monitor response to Mirai project to be launched soon.

Posted by Aero1 > 2019-12-14 14:17 | Report Abuse

When MKH announces its 1q results, all will see more momentum to its share price. Happy investing bro!

Posted by sowsc1987 > 2019-12-14 17:50 | Report Abuse

mkh world just face the seremban kl highway....very nice place ...near ktm serdang....from annual report only value rm21.5million

Posted by sowsc1987 > 2019-12-14 18:02 | Report Abuse

mkh have many land buy from 10year to 20year ago.....almost still not revalue

Posted by lcng123 > 2019-12-15 15:58 | Report Abuse

Land for housing development cannot revalue but after sales as properties, the profit margin will be very high

Posted by lcng123 > 2019-12-15 18:17 | Report Abuse

India buy Malaysia CPO due to cheaper 5% compare to Indonesia CPO but Malaysia going to impose 5% duty on CPO export starting 1st Jan 2020, so India may consider buy CPO from Indonesia. This will cause CPO inventory in Indonesia down.

Posted by dompeilee > 2019-12-17 09:38 | Report Abuse

SOLD 55% of my MKH shares held since early 2018 @ 1.65 ( cost = 1.375 incl commissions) =)