Posted by stkoay > 2015-05-28 12:11 | Report Abuse

Knock....knock.......knock........
Anybody there.............??
Where is my dear bro CCH, sis spidee, sicheh newdesk and other siheng??
All the smart beings already exited from the market?
These are all smart investor.......so smart......:)

Posted by watchme > 2015-05-28 14:24 | Report Abuse

most property counters still post healthy profit on this year Q1, like mahsing hunza, anticipate KSL to also have similar results by tomorrow..

Posted by kenneth89 > 2015-05-28 15:55 | Report Abuse

KSL GOING SHOOT UP… PLZ CAREFUL… TAKE NOTE

Posted by chinchiahor > 2015-05-28 19:30 | Report Abuse

hi my bro STKoay, how are you? Nice to read your fond mentioning of the hum sup committee's names & yes, it has been some time since the hum sup committee congregated here:))

Pls be informed I still have investment in KSL & remain convinced of the sound value of this stock. May month is traditionally a lousy month & also not helped by political news. But I have no doubt its true value will shine in the not too distant future. Cheers to the hum sup committee members & all members herein :))

Posted by watchme > 2015-05-29 10:11 | Report Abuse

cheers KSL supporters.....looking for positive news

Posted by kenneth89 > 2015-05-29 10:20 | Report Abuse

REPORT RELEASE TODAY=)

Posted by watchme > 2015-05-29 10:29 | Report Abuse

less than 30 lots to 1.83..why still selling?

Posted by kenneth89 > 2015-05-29 10:45 | Report Abuse

WAIT U BUY ONLY =)

Posted by watchme > 2015-05-29 11:14 | Report Abuse

buy buy buy ....almost sure win?

Posted by JAYDENBEAR > 2015-05-29 12:18 | Report Abuse

CURRENT YEAR QUARTER
31/03/2015
Revenue : 238,888
Profit/(loss) before tax : 108,888

Posted by TechPlay > 2015-05-29 12:35 | Report Abuse

There is no sure win situation, ksl only appears to be a better buy situation now compare to 2.00

Posted by kenneth89 > 2015-05-29 13:34 | Report Abuse

JAY? WHERE U GET THE INFO?

Posted by kenneth89 > 2015-05-29 14:53 | Report Abuse

REPORT SHOULD BE GOOD =)

Posted by hng33 > 2015-05-29 16:40 | Report Abuse

Bought more KSL at 1.78

Posted by kenneth89 > 2015-05-29 16:41 | Report Abuse

today spike up to 1.84,,, then back to 1.78

Posted by kenneth89 > 2015-05-29 16:42 | Report Abuse

today confirm out already report... hope good report... then monday can fly up =)

Posted by Kim > 2015-05-29 16:46 | Report Abuse

next week shoot up

Posted by kenneth89 > 2015-05-29 16:47 | Report Abuse

so sure? shoot up?

Posted by hng33 > 2015-05-29 17:08 | Report Abuse

Lets hope for good result.....

Posted by kenneth89 > 2015-05-29 17:24 | Report Abuse

huat ar!

Posted by kenneth89 > 2015-05-29 17:28 | Report Abuse

29/05/2015 31/12/2015 1 31/03/2015 263,831 109,738 82,484 8.82 0.00 1.930

Posted by kenneth89 > 2015-05-29 17:29 | Report Abuse

congrat...

Posted by kenneth89 > 2015-05-29 17:29 | Report Abuse

revenue 263,831profit before tax 109,738 profit 82,484 eps 8.82

Posted by sron97g > 2015-05-29 17:37 | Report Abuse

fantastik results but no mentioned of div

Posted by kenneth89 > 2015-05-29 17:41 | Report Abuse

no dividend mention nvm as long their company profitable... maybe they will issue special dividend since their cash flow increase from 60m to 80m?

and their agreement 40% of dividend policy... so we no need worry about the dividend as long u invest with 1 year times.

Posted by wisdomtot > 2015-05-29 17:49 | Report Abuse

at current price, now trading around PE=5 (say average quarter EPS 8.82). Makes any sense?

Posted by kenneth89 > 2015-05-29 17:51 | Report Abuse

no make sense... as long we know we invest in a undervalue company.. we jz wait the true price...

eps 8.82 average * 4= 35.28

let say we give it pe 7 also need 2.40 lar... am i right?

Posted by kenneth89 > 2015-05-29 17:52 | Report Abuse

revenue each quarter 260m sure will hit 1000m this year =)

Posted by Kim > 2015-05-29 18:15 | Report Abuse

See on Monday kenneth89.. shoot up! for holders..btw im not boarding on this ship..Coz i got heard good for June. Good luck! Continue vacy heheh

Posted by stkoay > 2015-05-29 18:24 | Report Abuse

Commendable results........but that is historical.
Guidance from Ku sounded cautious though...........

http://www.theedgemarkets.com/my/article/ksls-1q-earnings-35-higher-progress-billings-favourable-sales-mix

Posted by hng33 > 2015-05-29 19:14 | Report Abuse

Q1 EPS = 8.82sen, annualized 35sen, valuation at very undemanding of just 5x. Based on KSL 40% dividend policy payout from 2015 financial year onward, the EPS translate into 14sen total dividend or yield 7.9% !! I think is one of the highest yield stock in bursa, even much better than REITS.

These dividend is expected to be payable semi-annually: interim dividend in next Q2 result, follow by final dividend in Q4 result.

Remark: KSL currently trade cum 5 sen final dividend for last 2014 financial year

Posted by hng33 > 2015-05-29 20:47 | Report Abuse

According to KSL latest financial result, property development command gross profit margin 40%, investment properties command as high as gross profit margin of 62.5%. KSL balance sheet also show great improvement: reduce borrowing to RM 143m (-8.6%), increase cash level to 87.8m (+31%), reduce net borrowing to just RM 55m. With KSL such strong quarter net profit of RM 88m per quarter, it is expect to turn KSL into net cash position when it release next Q2

KSL also report increase in shareholder equity to RM 1216m (+7.3%), further improved net gearing ratio by almost half from 0.078 to just 0.045, and such net gearing ratio will become 'irrelevant' once KSL turn into net cash position very soon in next Q2 result.

Posted by kenneth89 > 2015-05-29 21:00 | Report Abuse

Monday,yes:

Posted by upsidedown119 > 2015-05-30 00:14 | Report Abuse

If KSL's management want the price to rise to its true value, it will have to aggressively counter the wolves now that it is arming itself with a share buy-back policy. Much like what Hapseng is doing.

Posted by watchme > 2015-05-30 01:46 | Report Abuse

sky s the limit...hurray

Posted by hng33 > 2015-05-30 10:47 | Report Abuse

upsidedown119

I more prefer KSL to payout dividend instead of use cash to buyback from open market. With 40% dividend policy, KSL will payout interim 7sen in Q2 and another 7 sen in Q4, These 14sen dividend will offer very good support to the share price. It will be alike UOAdev, in which share price will be less susceptible to market volatility for high yield stock. In addition, similar to UOAdev, KSL also adopt dividend reinvestment scheme to minimize cash payout, increase equity as most of the shareholder will opt for these scheme to continue enjoy and growth their stake in these high margin, high ROE, high yield stock.

Contrarily, share buyback tend to render opportunity to 'wolves' trading and capitalize company buyback. It is less efficient, and stock unlikely to gain good support through share buyback. There are many such example: Parkson, IOI prop, IOI corp, kulim, WCT etc.

Of course, if company afford, it can payout high dividend + aggressive share buyback. But, it will deplete company cash resource fast. In view of current property glut, it is best for KSL to preserve its.0 cash hoard but at the same time reward shareholder through dividend reinvestment scheme, gradually turning company into net cash position in next few month ahead for such company with huge landbank 2100 ares, sustainable earning with market demanding landed property in klang and johor (gross profit margin 40%), great high margin investment properties, mall, hotel, hypermarket (gross profit margin 62%), trading at undemanding valuation PE 5x, high dividend yield 7.8%.

Posted by kenneth89 > 2015-05-30 11:24 | Report Abuse

MONDAY WIL OPEN AT 1.79 ? I THINK OPEN AT 1.90

Posted by Kim > 2015-05-30 13:36 | Report Abuse

Open 1.90+ then further move.

Posted by watchme > 2015-05-30 14:21 | Report Abuse

huat ah....let us pray...:)..must make some kopi $ back this round...

Posted by upsidedown119 > 2015-05-30 15:50 | Report Abuse

hng33. Your points noted. But I have done my calculations. It doesn't take much to deter the wolves. Just an about RM8 million revolving fund to buy and sell or retain in Treasury and/or use to distribute in lieu of cash dividend. Dividend payout at 40% of say RM250m to RM320M is RM100M to RM128M. So RM8m for share support and share dividend is a miniscule 6.25% to maximum 8% of cash dividend payout. Company loses nothing in terms of additional cash-out flow. It is just using committed cash-outflow to support the share price. With investors' confidence returning, less share support will be required and the share price will rise to its fair value. Then more will opt for shares instead of cash dividends and share price for dividends can then be higher, leaving more cash available for business investment, pare down borrowings and therefore less interest expense. E.g. if the share price is RM2.8, the share price for dividend in lieu can be set at RM2.50. So if 50% opt for shares instead of cash, KSL will only have to issue 40 million to 51.2 million new shares instead of 63.7 million to 81.5 million new shares if the price is set at RM1.57 as previously. Share dilution will also be less and share price will go higher. So it is in the interest of all (but the wolves hoping to collect on the cheap) if the price commensurate with its fair value. But the share price support must be robust and timing skillful to maximise the punishment for the wolves in order to deter them. Not passive like what is now observed; which allows the wolves to time and execute their raids with precision (like in February 2015)!

Posted by watchme > 2015-05-31 12:39 | Report Abuse

if Q2 80 mil profit again will sure stir the share price to 2.3, next result another 3 months ..end Aug...time will fly.

Posted by watchme > 2015-05-31 12:53 | Report Abuse

oil up almost 5%.. oil stock going up again !!

Posted by upsidedown119 > 2015-05-31 13:21 | Report Abuse

For those who are not so proficient with figures, let me summarise: If KSL's management effectively support the price and neuter the wolves, then price will rise to fair value, less shares issue for dividend in lieu, less share dilution, DY/share will be less diluted, share price will rise consistently, no extra cash out-flow, long term investor confidence cultivated, share price will then command a premium as it moves towards blue-chip status. The exact opposite/reverse will be true if no effective/skillful share price support. Even cash out-flow for dividend cash payout will increase because more will opt for cash due to unstable share price and share dilution. Therefore the bottom-line: KSL's management must not allow its share price to be thrashed and counter the wolves skillfully and aggressively. If not the costs to KSL and investors will increase exponentially with each successful raid by the KLSE wolves! KSL's insiders will also be under credible suspicion of direct involvement!

Posted by watchme > 2015-05-31 19:30 | Report Abuse

thks for the long write up...upsidedown...my cost pretty high, see how the price moving up next week..if more than 10% , then will need to sell some

Posted by watchme > 2015-05-31 19:33 | Report Abuse

I hope KSL will acquire more land bank for future development..if their landbank double to 4000 acre..it will surely boost up instituition confidence

Posted by upsidedown119 > 2015-05-31 20:22 | Report Abuse

watchme. Don't sell. Keep. Your cost cannot be more than 2.35. The price will go beyond this eventually. It's still better than putting into FD!

Posted by kenneth89 > 2015-06-01 09:26 | Report Abuse

going shoot up soon... sit tight

Posted by watchme > 2015-06-01 09:30 | Report Abuse

still cheap to buy?

Posted by kenneth89 > 2015-06-01 09:47 | Report Abuse

how come so cheap??? going sapu

Posted by watchme > 2015-06-01 10:18 | Report Abuse

price only moving after ex date of dividend..in order to get cheap shares conversion