You have to consider bonus 1:5 in apr this year which will diluted the divided payment.

magni is going to diversify to property or manufacturing business. at current position of cash 103mil and zero gearing, magni can easily source fund to acquire land or companies with land in hand for property development. however now is not a good time to involve in property sector.

Retained earnings 399mil, it was 84% of total equity 475mil, with nta 3.11 and estimate eps for 2014 31sen, I think Canone got potential to declare bonus issue. bought some at 2.36

7sen dividend still long way to go. they only declare in nov and ex at end of nov and payment at mid of dec.

I think the chance to issue bonus is there. keep and wait.

plenitude...... ksl already declare bonus, where are you now??????

closing at what price is more important..... make it 5.00, what do you think?

Statement never mention about bonus issue for warrant. if warrant no bonus, it is better to exercise the warrant to enjoy bonus and dividend reinvest.

May be 7sen. Today ksl declare 1 to 1 bonus, soon will be plenitude to declare. Hold plenitude for future.

Those who sold ksl today will cry tomorrow. Next will be plenitude to declare bonus.

idr vs usd is slightly depreciate but appreciate vs rm. probably it will breakeven in forex. if ffb output in jul-sep can hit 82,000mt. and with oer 21%, at cpo price 2,100, the plantation revenue can hit 36 mil.

this ksl forum become personal chitchat forum.

nextgram 3 directors sue by protasco and now another 3 of directors resigned. looks like nextgram having big problem.

cfoong, why impairment loss of RM 71.9 mil ? the deposit of acquisition of o&g is RM 50 mil and the balance sheet recorded that the reserve is RM 62 mil.

warrant exercise price was 2.86. egm of cbip will be on 17 oct and bonus issue will be confirm during egm.

so just wait for announcement. they already got the approval from sc, very soon they will announce.

i would prefer to buy cbip-wa.

waiting for announcement. before buy in warrant, we have to know the warrant's exercise price. according to the press, cbip plan to fund 255,700,000 from the exercise of 90,669,491 units of warrant. that mean the exercise price will be 2.82. at current price of 4.92, after bonus 1:1, cbip share price will be adjusted to 2.46. if the premium of warrant is 40%, that mean (2.46 X 1.4) - 2.82 = 0.62, warrant price will be around 62sen upon listing. so buy in if price below 62sen.

looks like a lot of projects waiting for cbip. i am thinking to accumulate cbip-wa upon the listing. higher potential for move up faster compare to mother share.

anybody know the warrant exercise price ?

last 10mins up 13sen. is the bonus date confirm?

sometimes i noticed that if a counter's share price doesn't move for a period of time, after you force to sell a few lots, the share price will start move up. i have test for protasco, sold yesterday at 1.70 and now move to 1.75, mkh sold at 3.03 and finally move 4.34, for plenitude sold at 2.66 and finally move 3.50, matrix sold at 3.87 and finally move to 4.70, ksl sold at 3.78 and now was at 4.68 and etc. luckily i just sold out a small portion of each counter. you may try if you counters' share price didn't move.

Kane, instead of exercise warrant, you better sell warrant at 3.17 and add 1.42 to buy mother share at 4.59. You can 18sen (1.60 - 1.42).

joel, what is not good?

9sen dividend will be announce in this month.

my ksl has shoot up already, now waiting for my 3 other major stocks, mpm (mkh, plenitude and magni) to shoot up.

at this moment, ksl is more powerful than plenitude, but if plenitude announce a good news ahead ksl, then it's hardly to predict how plenitude can shoot up.

MKH老板说他们会继续在印尼寻找适合的种植地。

我就说印尼政府没那么笨去执行外资持股限制，这等于拿石头砸自己的脚。

please don't misunderstand. i am not recommend people to buy protasco, but for those who own the share, you may keep it for 10sen dividend every year.

the negative impact from oil & gas called off has been resolved and now is the time for protasco to move forward as the basic fundamental issues remain unchanged. property project, de centrum continue to contribute positively in coming quarters.

everybody talking about ksl and plenitude, why nobody discuss another fundamental stock, magni? magni going to announce Q1 result this month and i think there will be a excellent result bcos of the world cup. magni will announce 8sen dividend next month.

good job ksl, toward 4.50. my profit just reach double, bingo.

today is ksl's show.... good news going to be announce soon.

plenitude will follow ksl very soon.

i am glad to hold these 4 fundamental counters, mkh, pintaras, plenitude and ksl. will continue to hold and accumulate....

oyh1143, go to plenitude website and look at plenitude annual report.

for mkh, plantation's earning is an extra earning. core business still property development. the output of ffb will be get improved from earlier of 21mt/ha/year to 23mt/ha/year in lateset quarter. even with the current low cpo price, they still can get profit about 500 per mt as the cpo cost per mt is about 1,470.

i strong recommend tan sri chen offer right issue to shareholders.

in fact mkh can implement right issue to reduce the debt in plantation sector that caused this sector's earning fluctuated due to forex. this is a good time for mkh to source fund as the share price stood at high level of above rm3.20. if right issue of 1:5 at 2.80 (15% off from rm3.30), mkh can source (419,393mil share / 5) * 2.80 = 234.86mil, which can easily cover the debt of plantation 215mil. by doing this, total of share increase to 503.271mil from 419.393mil and plantation sector can save at least 20mil finance cost per annum, or even higher with the recent interest hike.

let make a simple calculation: for Q3 2014 (apr-jun), the output of ffb was 81,700mt.

assume the oer is 21%, it can produce 17,157 mt of cpo. the revenue and profit (excluding forex gain/loss and before finance cost and tax) for plantation for Q3 was 41.578mil and 16.358mil. so the average cpo in this period is 41.578mil / 17157 = 2,423/mt and profit is 16.358mil / 17157 = 953/mt. that mean the cost to produce cpo is 2,423 - 953 = 1,470/mt. we assume the ffb output for Q4(jul-sep) is about 82,000mt and it can produce 17,220mt cpo.

if average price of cpo for the period is 2,100/mt, the profit will be (2100 - 1470) x 17220 = 10.849mil. after deducted 5.5mil of finance cost, the Q4 pbt is 5.35mil. and for the same period idr was appreciated about 1.2%, the forex gain will be around 5mil, end up with Q4 pbt 10.35mil.

if the some of the unbilled sales of property recognize in Q4, the property revenue can hit 180mil, and pbt about 31mil. plus the property investment pbt 4mil. total mkh's Q4 pbt will be 31mil + 4mil + 10.35mil = 45.35mil, deduct tax 25%, net profit 34mil eps 8.1sen.

please correct me if my calculation is wrong.

mkh's oil palm trees still preliminary stage, and some trees are immatured. the boos said if all trees are fully mature, the output of ffb can up to 31 mt/ha/year, over 440,000 mt/year. if oer is 21%, cpo output will be 92,400 mt/year. if cpo price can stand at 2,450, with cost per mt of 1,450, and the finance cost of 20mil/year, excluding forex gain/loss, the pbt of plantation will be 72.4mil, eps after tax is 13sen.

everybody know the nta and share price will be diluted after bonus issue, but if the stock is undervalued, the share will be go up to its reasonable value after diluted.

when notice ksl's retained earning / total equity stood at 82%, i believe ksl has potential to declare bonus issue one day. may be your source is correct, joel.

if he can proof with some supportive documents, we should appreciate him to share otherwise, we should boycott him providing this type of misleading comments. if not sure, please don't stated "confirmed".

joel, confirmed bonus issue? who tell you? the boss?

as well as the plantatuin sector's forex gain/loss and net profit/loss at least break even, mkh still can get huge profit from property development sector with target sales rm0.8bil in 2014 and rm1bil in 2015.

joel, kenanga didn't suggest you to drop plenitude to buy ksl. since both counters are good, why not holding these 2 counters together.

for me, protasco's q2 result is consider ok. dividend 10sen every year, dividend yield more 6%, about 60% profit pay off, what do you want anymore ?

result is not that bad, better than previous year.