See your at $1...... Ha ha

Good news coming soooon...... Ha ha ha

Building up the momentum for the Qtr results.... TP $3

It seems like the coming Qtr results should be very good.

4th Qtr results coming by end of this month, I expect should be quite positive, hopefully the net profit can sustain at around 32 mils+ (EPS of 9 cents+) then the whole financial year net profit will be 110 mils+ (EPS of 32/33 cents) !

Mid term TP $3.

Keep the figures crossing.

Engine sudah warm up a bit..... Ha ha

Short term I do not think that they will raise the dividend pay out as they have quite a bit of debts, as long as they can sustain the revenue and profit, besides the profit/cash generated from the operation can reduce their debts ratio then long/mid term it should be positive.

CPO price is gradually up, as at today is $2400++ !

This counter fundamental value needs time to be unlocked.

when the time come, the news will be out loh..... ka ka ka

Buy la.... Good news coming soon

BUY........ha ha ha

Bila orang tak mau, kita beli,
Bila orang gila sapu, kita bagi ....

Ka ka ka

someone is collecting big time from $2.5+ .... and even last few day the collection is done in the region of $2.6 ! I guess it is matter of time, this counter will have some action !!

Now is the waiting game....... :)

Some people is slowly collecting this undervalue gem, so until they are done only then they will disclose all this good news. Anyway as long as they can sustain their growth and hopefully they will declare higher dividend, then $3 is within the reach in mid term.
12/09/2013 11:22

Slowly..... but steady !!

Qtr results

Revenue : 112.8 mils
PAT : 14.6 mils
EPS : 5.41 cents

Reasonable results but their food division did not performed well.

Avocado, this question been asked by my friend during last AGM but the Boss told us that KFima is intend and currently sourcing to buy more land to further strengthen their plantation division. Which I guess they still sourcing for appropriate land.

The other question posted by my friend to him is why not given higher dividend ? This one in a way the management did propose higher dividend for FY2012 (8 cents).

if MKH can sustain the growth and give high dividend, this counter can test $3 in mid term, provided the market sentiment is stable.

(i) Third quarter ended 30 June 2013
The Group recorded higher revenue and profit before tax from continuing operations for the current quarter of RM185.4 million and RM44.3 million as compared to the preceding year corresponding quarter of RM139.0 million and RM20.0 million respectively. The increase in Group’s revenue by 33% and profit before tax by 122% were mainly contributed by the plantation division arising from its increase in sales of crude palm oil (“CPO”) and palm kernel and the property and construction division from the on-going and new development projects.

(ii) Current year-to-date (YTD) ended 30 June 2013 by Segments

Property and construction
This division recorded higher revenue and profit before tax of RM309.3 million and RM80.1 million for the current YTD as compared to the preceding YTD of RM274.1 million and RM67.0 million respectively. The increase in revenue and profit before tax was mainly due to higher percentage of profit recognition of on-going and new development projects namely, Pelangi Semenyih 2, Saville@Melawati, Pelangi Seri Alam, Saville@the Park, Bangsar and Mewah 9 Residence and recognition of bargain purchase gain on acquisition of a subsidiary company amounted to RM4.7 million.
As at 30.06.2013, the Group has locked-in unbilled sales value of RM518.5 million from which attributed sales revenue and profits will be recognised progressively as their development percentage of completion progresses.

Hotel and property investment
This division recorded higher revenue and profit before tax of RM24.5 million and RM11.1 million for the current YTD as compared to the preceding YTD of RM22.1 million and RM8.6 million respectively. The increase in revenue and profit before tax was mainly due to increase in average rental rates.

Trading
This division recorded higher revenue of RM51.4 million as compared to the preceding YTD of RM48.4 million. Despite the increase in revenue, the profit before tax was maintained at RM3.4 million due to higher product mixed of low profit margin building materials.

Manufacturing
This division recorded lower revenue and profit before tax of RM7.5 million and RM146,000 for the current YTD as compared to the preceding YTD of RM10.1 million and RM1.0 million respectively. The lower revenue and profit before tax was mainly due to insufficient sales revenue and gross profit to absorb certain fixed production and administrative overheads.

Plantation
This division recorded CPO and palm kernel revenue totaling RM76.1 million from both matured and immatured palms and profit before tax of RM11.7 million for the current YTD as compared to the preceding YTD revenue of RM9.8 million and loss before tax of RM11.9 million. The profit before tax of RM11.7 million was achieved after charging inter-company interest expenses of RM7.4 million (preceeding YTD: RM Nil)

Investment holding
This division revenue and profit before tax/(loss before tax) were mainly derived from the inter- group transactions on management fees and interest billings and charging which were eliminated at the Group level.

Discontinued operations: Non-Halal Livestock farming, food processing and retail
The Group has completed the disposal of this Non-Halal division on 16 January 2012, there were no revenue and operation profit contribution from this division for the current quarter.

MKH just posted a solid Qtr results :

Revenue : $185 mils
PAT : 32 mils +
EPS : 9.47 cents

CPO slowly gain momentum, time to collect slowly.

http://www.theedgemalaysia.com/business-news/252079-palm-oil-poised-for-best-run-since-2010-on-crude-oil-soybeans-.html

Someone is selling ...... Short term, down trend.

Slaughter day.......

Yes and No,

first thing is..... I invest in share market just to hope that to make some extra kopi $$$ not expected to make a fortune from share market.

and most of the time I only buy good fundamental counter with reasonable good dividend yield, in case of stuck just take it as FD.

So, I always take it easy with the market up and down.

Aero1, no special meaning just that I notice that looks like there are some people collecting this counter for the last few weeks, and hopefully once they collected enough then there will be a big push !!

Anyway it is just my guess.

Khai Loon, I will only posted in the forum for the counters that is worth fundamental plays and for mid/long term holding only.

For long term holding I am currently holding Tambun, MKH & Kfima only, whereas for short term play counters I will not posted them in the forum cause short term trade is very subjective and I am not a short term good trader either.

Drop more......I want to buy ! ha ha ha

Accumulation is on going for the last few weeks, just waiting the "show" to come out only.

Tambun Indah Land Bhd recorded net profit of RM14 million in 2Q13 -- the highest quarterly profit achieved since its listing on the Bursa Malaysia in 2011.

Net profit for 2Q13 rose 47.3% from RM9.5 million the year earlier while group revenue climbed 4.8% year-on-year (y-o-y) to RM82.6 million.

In a statement released today, the residential property developer attributed the bottom line to higher take-up rates for its ongoing projects and recent launches.

Tambun Indah managing director Ir. Teh Kiak Seng said he expects the group’s unbilled sales of RM509.7 million to contribute to earnings for the next two to three years.

Tambun 2 Qtr results :

Revenue : $82.6 mils
PBT : $26.29 mils
PAT : $13.98 mils

EPS : 4.46 cents

Good results

The property sector for MKH is nothing to shout about, it is the plantation sector (15,000 hectar) is the surprise package.

Slow but Steady

kltneoh@yahoo.com.hk

Jenny, I don't discuss stock in my FB !

You can add me if you want.

Jenny, My cost is around $2.47 and my long term TP is set around $3/$3.1 but it will depend on the CPO price as well as the company's property development performance.

Hi Jenny, as I mentioned above the mid term TP price of $1.50 that I set 2 months ago already achieved but I m still holding it cause I m waiting for the 2nd Qtr results (expected to be good).

I would think that the long term TP should be around $1.7/$1.8, provided the company can sustain the growth and stick with the dividend distribution policy (40%-60%).

The other 2 counters I m holding (for mid to long term) are Kfima and MKH ! You can have a look on the counter and probably share some views on this 2 counters.

Steady......

Actually the dividend yield is FY 2011 : 3.8 cents, FY 2012 : 5.3 cents ! And for this coming FY 2013 I expect it should be around 6-7 cents (assume that the EPS is around 16-17 cents, assume that the company stick with the 40-60% dividend distribution rate). Besides, their project Pearl City is doing very well, and with the completion of Penang 2nd bridge is expected by year end, so it is rather positive.

2 months ago I set a mid term target price of $1.50, which already achieved yesterday but I m still holding it as I am expecting a strong 2 qtr results coming out soon. I would rather think that with a strong results and positive environment the price might test $1.7 by end of the year.

Anyway this is just my personal opinion.

Everyday up a bit.....slowly but steady !!

Record high.......

Wah....very strong support !!

As I said before, for the FY2013 the estimated EPS should be around 15-16 cents. So what is the TP is depend on how you judge on the company future progress.

The coming 2nd Qtr results should be very good.

MKH paid $30.6 mils for a company that have an exclusive development right to develop approximately 550 acres of land in the District of Kuala Selangor, the land belonging to TM Facilities Sdn Bhd.

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/B5FAEE4E5B4D6EE148257BBF00348772/$File/Proposed%20acq%20of%20Puncak%20Alam%20Resources%20(06.08.13).pdf

Some small action is noted...... :)

Final Dividend of 3.3 cents (Tax Exempted) is announced, Ex date 27/8 and payment date 12/9.
$$ come....

PLACEMENT OF 15,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN TAMBUN INDAH LAND BERHAD (“TAMBUN"), REPRESENTING NOT MORE THAN 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF TAMBUN

Listing Date : 02/08/2013

MahSing kena hamtam kaw kaw this morning !

Drop more..... I m waiting to buy more !

Drop more ..... then only we have more chances to make more $$$ mah....... ha ha ha