We refer to the announcements dated 11 March 2014 and 25 March 2014 in relation to the Proposed Bonus Issue.

On behalf of the Board of Directors of MKH, Hong Leong Investment Bank Berhad (“HLIB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, via its letter dated 4 April 2014, approved the listing of and quotation for the following:

(i) up to 75,671,382 new ordinary shares of RM1.00 each in MKH (“MKH Shares”) to be issued pursuant to the Proposed Bonus Issue;

(ii) up to 5,820,155 additional warrants to be issued arising from the adjustment pursuant to the Proposed Bonus Issue; and

(iii) up to 5,820,155 new MKH Shares to be issued pursuant to the exercise of the additional warrants.

The approval of Bursa Securities is subject to the following:

(i) MKH and HLIB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) pertaining to the implementation of the Proposed Bonus Issue;

(ii) MKH and HLIB to inform Bursa Securities upon the completion of the Proposed Bonus Issue;

(iii) MKH to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed;

(iv) MKH and HLIB are required to make the relevant announcements pursuant to Paragraph 6.35(2)(a) and (b) and 6.35(4), and Paragraph 6.56(2)(ii) and (iii) of the Listing Requirements; and

(v) to furnish a certified true copy of the resolution passed by the shareholders in a general meeting approving the Proposed Bonus Issue.

This announcement is dated 4 April 2014.

Done my shopping, now can close my pc

I will hold tight and believe the good show coming only after right issue,

no idea why people desperately dumping just because some nonsense spreading around. I treatedthis as opportunity since the company fundamental remained intact. All news ccreated efinitely have their own purpose, people who bought below 3.50 start laughing, persons who panic sell now get hurt and being laughed...quite pity also. Prepared to accumulate soon.

google google and found this...

The price transacted is agreed by the parties concerned and is usually not more than 10% off the closing price of the share.
It it just two or more parties buy/sell shares without putting the shares in the market. They just have to cross the shares transacted on the exchange (for reporting purposes).

not sure to laugh or to fear, but my lovely dsolid just become more and more stronger (<_<)

great to see the volume enlarged and believed this just beginning, time to top up some warrant (^_^)

This coastal really react slow every time when good new announced, just wanted to give surprise when people think it cannot perform it. seems new wave kick started should just hold tight and watch the good show.

Next... from Kenanga.

http://klse.i3investor.com/blogs/kenangaresearch/49247.jsp

Rating Maintain OUTPERFORM

Valuation Our new estimates increase our target price to RM5.94 (from RM5.24 previously) based on an unchanged 14x PER, which is above the stock’s historical average valuations. However, we believe this is justifiable as it is moving into asset ownership business model (versus just depending on vessel sales).

Absolutely good news for coastal, the fair value from RHB still quite conservative, for me the fair value should inline with those O&G at minimum 20x per PE or 6.62 as my coming target in very short coming time. anywhere along with new contract awarded, more researcher will revise their target soon.

Thanks for sharing, new uptrend wave coming next week
contract = catalyst

already accumulated pass two days, price behaved more steady and rebound sign...buy buy from desperate seller.

all goes right in every aspect, lets to break 4.00 !

COASTAL CONTRACTS BHD

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities? No
Types of corporate proposal Private Placement
Details of corporate proposal PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF COASTAL CONTRACTS BHD
No. of shares issued under this corporate proposal 48,306,933
Issue price per share ($$) MYR 4.300
Par Value ($$) MYR 0.200
Latest issued and paid up share capital after the above corporate proposal in the following

Units 531,386,166
Currency MYR 106,277,233.200
Listing Date 26/03/2014

Remarks :
The issued and paid up share capital is after excluding treasury shares of 210,000 shares.

result good but volume too little... monitoring

price looks tempting now

result looks good.

how about 10 top gainer today :)

Bonus definitely would come, the bonus issue just to split your into 2 and no idea why so particular on that, the most important is company would continue growth after all this bonus or gift given, people here always mentioned the price went up how many percent from its IPO but never mentioned the revenue and profit growth were even higher percentage...anyhow price retreat should be end since most speculator already get hurt.

today should be good day for Dsolid!

At current stage those negative effect of P.P issue should be digested, hopefully the third party investor could bring better market penetration to Coastal especially in O&G sector.

with current strong fundamental and book order in hand, very optimistic view that another bonus issue just right at the corner.

time for warrant to keep up!

finally breaks RM5!

bye bye to those contra player...

please drop more!

THP... Please drop more!

Just added little bit, very good price now:)

We refer to the Announcements in relation to the Proposed Private Placement.

On behalf of the Board of Directors of Coastal ("Board"), Bank Islam Malaysia Berhad wishes to announce that the Board had on 12 March 2014 ("Price Fixing Date") fixed the issue price for the placement of 48,306,933 Placement Shares at RM4.30 per Placement Share.

The issue price for the Placement Shares of RM4.30 represent a discount of 8.65% to the five (5)-day volume weighted average market price of Coastal Shares, up to and including 11 March 2014 (being the last market day prior to the Price-Fixing Date) of RM4.7072 per Coastal Share.

This announcement is dated 12 March 2014.

no worries, this price gap make more tempting...believed will keep up with mother soon.

Bonus issue just rewards to current shareholder, I foreseen will not significant impact to current earning aspects unless the current revenue or profit never grow, apparently the new plantation segment just start contributing and moving forward the group will have at least 40~50% revenue from this palm oil sector.

Good luck!

we should see some fierce uptrend today...anyway just happy with current movement.

the warrant exercise price will be adjusted accordingly, I think will lowered to around 1.90

Our CPO ASP forecast of MYR2,600/t is unchanged for 2014 and 2015 (2013: MYR2,377/t). For every MYR100/t change in our CPO price forecasts, the earnings forecasts for plantation stocks under our coverage changes by 5%-12% respectively. Most sensitive to CPO price changes are Ta Ann,*** TH Plantations****, Sarawak Oil Palms and Felda Global.

Source: Maybank Research - 11 Mar 2014

Very encouraged of CPO price now trading at 2,905, I think the price will hit 3,000 any time this week :)

Finally shown some uptrend momentum, hopefully this round don't disappoint us again and short term target set at RM2.45!

Aiyo.. just put these three thplant, cepat. hsplant into your portfolio, you would never regret.

price just recovered 14 sen after the plantation wave kick started, very researcher rated to sell on THPlant...quite funny indeed, for me that THPlant might be one of bigger beneficial from current CPO price revenge, your would know from coming few quarter results, also foresee more upside price room for this stock as compared with other expensive plantation stock, most of them are already diluted from their enlarged huge share amounts.

Share buy back are expected because management could resale those treasury shares later in higher price, quite comfortable and confident the current price movement and just let the son to rest while and mother should drive the show.

Next week should have higher chance to break through RM5, my optimistically view the Anwar and Kajang election issue will not impact GLC and O&G companies..

If tsh can go above 3.xx, thplant should worths 2.50 above, very undervalued counter.

yes, Cepat worth to collect also with current CPO price :)

noticed the monthly production of thplant already increased significantly, last time was much lower than TDM , but now is almost double than TDM and sustaining at 60k matic tonne above, with current 2800 CPO future price definitely will boost next coming quarter earning in fact the current quarter result already given signs of improvement ...time to accumulate more.

TH Plantations' earnings are very sensitive to CPO price movements and every RM100/tonne change in CPO price would impact earnings by 10%-12% per annual.

*** old source from RHB research

The price recovered back now and looks likely market already digested this P.P effect...not much worries because company are in high growth circle and tiptop performance, any new contract winning will be added as catalyst to boost the stock to new higher target.

very bright and optimistic future for coastal.

very encouraged these two days, congrats to all value investor of Coastal and warrant holder.

Note: the Ukraine issue might caused market slump in short while, but long run is good for Malaysia in term of oil price/foreign fund stop pulling out.

people here just never get the lesson learned, Dsonic need to hold tight! no need to jump in jump out.

kfima is for value investing, long term term investor will gain.

look like some good show started.

Ukraine issue....hahaha...as usual the market strategy to create fear sentiment, look at our top losses counter...so little volume, also does Malaysia doing large business with Ukraine? Good days for fund manager.

I hold this Kfima for many year since 0.80, the company with very steady growth but not aggressive enough and price stagnant because of their management...I would buy more when seeing company ESOS slow down/stop and share buy back started.

Tomorrow will break my projected target 3.75 and touch 4 above if no major correction...thanks my Dsolid.

This counter quite boring but just hold tight for long term investment, excellence management...you'll realize that when more reward comes from this counter.

The price retreat should end soon and rebound any time on coming week. The management need raising fund with reasonable price and they will push back the price to next higher before offer price define. the beautiful balance sheet and huge order book will easily regain back those diluted portion of EPS, also the new O&G contract and coming completion of jack-up rig will bring company to next level..I rather accumulating now but not chasing high later when price rebound back.