How the world got hooked on palm oil
https://www.theguardian.com/news/2019/feb/19/palm-oil-ingredient-biscuits-shampoo-environmental

https://gapki.id/news/14238/road-test-b50-medan-jakarta-berjalan-lancar-gapki-sambut-salam-sukses

Indonesian presidential hopefuls vow energy self-sufficiency through palm
Read more at https://www.thestar.com.my/business/business-news/2019/02/18/indonesian-presidential-hopefuls-vow-energy-self-sufficiency-through-palm-oil/#zAzep0uh1VYgiiWs.99

https://gapki.id/wp-content/uploads/2019/02/INA-PALMOIL-STATISTIC-DATA-2018-FULL-YEARS.jpg

https://www.freemalaysiatoday.com/category/nation/2019/01/31/feng-shui-says-palm-oil-will-do-well-in-year-of-the-pig/

Plantation potentially very good cash generating division. CPO 100,000 MT to generate additional cash flow 20 million from the USD50 savings alone.

Production for both Estates FY2016 FY2017 FY2018
Fresh Fruit Bunches (“FFB”) (MT) 371,000* 398,000* 465,000*
Crude Palm Oil (“CPO”) (MT) 85,000* 83,000* 101,000*
Average CPO Price RM2,050 RM2,530 RM2,160
Oil Extraction Rate (“OER”) 22% 20% 21%
PT MKH – FFB Yield (MT/hectare) 25MT 26MT 30MT

Ah Chen said:

The industry is expected to improve gradually following Indonesia's removal of crude palm oil export levy from previous USD50 per MT that will stimulate rise in palm oil trades. The crude palm oil prices have since recovered from the previous low of approximately RM1,800 to above
RM2,100 per MT, and we expect demand to pick up in 2019 partly due to:-
• Indonesia’s enforcement of B20 biodiesel since October 2018
• Reduction of Indian import duty for CPO from 44% to 40% in January 2019
• Malaysia’s implementation of mandatory B10 biodiesel in February 2019

We will also continue to give focus on enhancing estate management with increased implementation of mechanical-assisted collection to boost production efficiencies including oil extraction rate. Hence, we expect the Plantation Division to benefit from the above.

Wow wow!

只欠東風!

When people dump you collect. Property industry still not in right time. Property industry not cyclical will stay low for many years to come. Nevermind the company is solid. Nevermind the company has 20 years unbroken profit record. Nevermind the company still pays dividend. Still property is not out of wood yet. Just dump. When people dump you collect. Happy investing!

Spot on enid888. IBs only looking for story to tell. Story not good Sorry.
Some property counters are paying better dividend.
Properties are necessity!

A developer that comes a long way ...

Fund cashing out.

http://www.theedgemarkets.com/article/india-cuts-tax-palm-oil-imports-malaysia-gain-most

Why put money in a company with negligible yield. Good in what sense? Yes in a supposed strong growth industry. But Gdex is not capitalising it will in turn losing its market share. Need a person that can run the business better than the remisier.

Can find many companies with this profitability even higher than Gdex trading at market value ranging from 600 to 800 million. Gdex should be rightly valued at 700 to 800 million nothing more. It means Gdex share price could dive half to 13 to 15 sen. Seat tight everyone!

For business that is evolving fast and furious, they need a guy that can run it.

Don't catch the falling knife!

Going by the sales and profitability trend, the reasonable market value should be below 1 billion. Current PE of 74 times is too high. No point to consider this counter for the time being.

When you are slow others will eat into your market share. I've been monitoring this counter for quite some time. No hope!

With this pace of business ... its market value should begin from below RM1 billion.
Currently it is too expensive!

Need to get a real businessman in. He is a trader ..

This company is too slow ..
The market she is in is enlarging .. why so slow to capture?

The quality of its assets improves ..
1. Indonesia's palm oil levy relaxed
2. High over a billion ringgit unbilled properties
3. Higher free cash flow with lower borrowings and capex
4. Some properties matured to be turned into property investment
5. Positive repercussion from the land donation to build a Chinese school
6. Company shares buyback
7. Continuous support from key shareholder Public Bank as vote of confidence
8. Directors have been buying its shares

Interest expense reduced a lot

Another Good News !
http://www.theedgemarkets.com/article/mkh-launch-kajang-east-final-precinct

https://www.reuters.com/article/indonesia-palmoil/update-2-indonesia-to-drop-palm-oil-levy-as-farmers-hit-by-price-fall-idUSL4N1Y13EO

Good News!

Dividend coming?

Nice to be in ... when USD is strong and oil price is lower.

https://www.thestar.com.my/business/business-news/2018/10/17/mkh-selldown-overdone-says-alliancedbs/

Poor Alliance .. always on the wrong side of the forecasting. Call TP RM1.00 before rebounding please.

So what should we do now buy or sell .. going by your logic

PNB dumping make you better off?

Why nobody asks about the property in China?

Good level to aggressively share buyback .. benefit all. Now Quah should ahead of the curve call TP RM1.00 (not met never mind lah since his call all along not met).

This poor analyst Quah keeps asking to buy but keeps lowering the target price.

... and the 10 acres land in China converted to property investment status ... plus borrowings are being liquidated ... Indonesia operations are now cash generation ... plus take-over target ... BUT the share price still drops

No dividend stock .. poor.
If any will only come after 2022.

Will only take a look if the price dives below 0.80.

If you see HY, it crashed from 16 to 6.

Repeat of HY !

Defensive yet presenting growth! Good yield! Long term fund likes it!

Good support although already went up last few days.
Ready to go another level?

More active now.

Actually the yield is quite attractive .. good for holding. Cash flow generating is also good.

Riding on glove story ? Or USD ?

may be entrance price need to lower

Because the turnover not good. Saturday it was less half full .. may be still new.

Interim dividend coming ..

Good defensive stock same time presents certain growth story.