We can't do anything if the management don't want to pay dividend. They said they will pay dividend after the KSL City Mall Klang start operation on next year or 2021. I decided to wait and play patient with management and see whether they wanna pay dividend or not finally.

Nike may post good Q2 result on 19 Dec

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.

Don't bother what Apple commented here. Let see the quarter result of Nike on 19 Dec

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

@David, thanks.

Hexza really undervalued. Total other investments and cash (107.8mil + 44.8mil) 152.6mil equivalent to 76sen/share compare to current share price 70sen. Total inventories + AR - AP (22.8mil + 20.0mil - 6.7mil) may generate another cash 36mil equivalent to 18sen/share. Court case against Tembusu may reverse back the impairment loss of 28.5mil

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

Nike will announce Q2 FY2020 result end of this month. If result is good, then Magni next quarter result will be good too.

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

@David, where you get this info? Do management announce this?

EPS 6.89sen and Div 2.5sen equivalent to 18.37sen and 7sen before bonus ex. compare to previous year EPS 14.26sen and div 5sen.

Can anyone here share some photo of current progress of KSL city mall Klang?

Undervalued stock. PE just around 6 and Div. yield 5.3.

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.

That will be best If MKH consider IPO for Plantation sector. If CPO can sustain at RM2,800 in FY2020, the Plantation Revenue will be around RM300mil and Profit before tax more than RM80mil.

CPO indonesia price more than USD700 (around RM 2,900)

MKH plantation area worth 70k/ha. MKH definitely undervalued.

@leong, if both KSL mall turn to Reit, that will be a bonus. If not, then will be fine. KSL mall @JB contributed 100mil profit before tax yearly for KSL, nearly 60% profit margin. I believe KSL mall @Klang can perform like in JB. Both KSL mall can contribute at least 200mil profit before tax (EPS 20sen). Current share price 76sen is damn cheap.

After dispose F&B business, sure loss in QR

Agreed. The QR will getting bad. Look at JohorTin, they had expanded the F&B business in Mexico and the latest QR getting better. CanOne should go for F&B business rather than Canning and Packaging business.

CanOne management are crazy right now. Dispose profitable F&B business and privatised unprofitable business. You can just imagine the CanOne QR without F&B business in the future. No hope at all.

Next QR should be good because Indonesia CPO price stood at USD700 (RM2,900) compare to last year same period around USD500. Yearly FFB output more than 460,000mt. Unbilled sales more RM1.0bil. All these are catalyst of MKH's coming QR.

If both KSL mall in JB and Klang turn to reit, there will be a bonus for KSL investors.

Consider USD vs RM appreciation and US-China War Trade period, QR shouldn't be so bad. EPS more than 9sen should be no problem

tp 1? you still not in situation. MKH is uptrend now.

Hope the new mall can start operation by end of 2020, then we all can start receive dividend

Share price up 30% in 1 month. I Think next week will announce a good QR

yfchong, KSL klang mall progress slow ? Are you go on-site to check ? Some said progress slow some said progress on track.

Fajar pay dividend consistently since 2015

If you think KSL will be good in 2021, you should plan to buy in slowly at this moment. Otherwise you might be regret if it is too late.

Indonesia CPO price rebound benefit MKH plantation.

Indonesia CPO price USD650 is as at 1st Nov 2019. Now may be even higher.

I don't know why. May be different market different demand then different price. You may refer to link below :
Malaysia CPO Price : http://mpoc.org.my/daily-palm-oil-price/
Indonesia CPO Price : https://gapki.id/

If really privatised, the offer price should above RM1.00

Hope this coming quarter result will show more property recognise from unbilled sales (1.031bil as at June2019)

very soon their stake in KSL will be hit 50%

Malaysia CPO price RM2,573 and Indonesia CPO USD650 (around RM2,700)

I wanna this forum to be healthy and more informative and not flooded by buy call and sell call. That's all.

Pang, I didn't attack you at that time. I just advice you to post something positive and valuable information so people able to gain knowledge on Magni business and future prospects. Don't just keep asking people to buy buy buy to push the price up. It's better not to suggest people to buy or sell. Let them decide by themselves. What we need to do is just sharing info. Actually I am appreciate if you can share some valuable info about Magni that may be I don't know.

Anybody here can share the progress of KSL City Mall Klang ?

Hello Pang, are you feel happy to attack me? I just comment on how to calculate EPS.

Brother Wenlijian... you took Topglove as example is INCORRECT la. Topglove fiscal year ended on 31/08/18, that is before ex bonus, of course NOT adjusted. and Q1 2019 is ended 30/11/18, is after ex bonus then need to be adjusted. For magni case, bonus ex after Q1 and to calculate EPS, we need to look at annualised net profit divided by total number of share.

Hahaqwe... I don't think Magni PE will rise to 15. I estimated Magni's net profit this year around RM110mil-RM130mil. So EPS will be around 25sen-30sen. At current price, PE around 8-9.

EPS is use to calculate PE at current price. It is important as a reference whether the share is cheap or expensive before you decide to buy in. Even Magni has many advantages as you mentioned but if Magni has high PE, you better avoid it.

Wenlijian... Q1 eps 18.76sen will be adjusted also after share split and bonus issue. Annualised eps will be (30mil x 4Q)/433mil=27.7sen.

CPO price broke RM2,500. MKH price slow up to 1.29 already

As I mentioned last week, Hexza sold facebook and Alibaba share and cash back the total of RM22,283,435. This amount is equivalent to 11sen per share of Hexza, 14% of current price of 78sen.

Pang, you really think your comments can push the price up ? Then you must be another Warren Buffett. You must be one of the multi-millionaire in Malaysia. Even Koon Yew Yin can't fight with you.

Without F&B Nutrition business, CanOne financial result will like a shit.