Posted by yfchong > 2019-12-17 15:04 | Report Abuse

After that privatise. By direktor

Posted by Good123 > 2019-12-17 15:12 | Report Abuse

:) KUALA LUMPUR (Aug 27): KSL Holdings Bhd announced a 59.4% jump in net profit to RM67.78 million in its second quarter ended June 30, 2019 (2QFY19) from RM42.52 million a year ago. The Johor-based property developer attributed the better earnings to the completion of its existing main projects in Johor Bahru and Klang.
The change in sales mix during the quarter under review too helped to lift the group’s basic earnings per share to 6.66 sen, compared with 4.18 sen apiece in 2QFY18.
Quarterly revenue expanded nearly 32% to RM195.91 million from RM148.49 million, an exchange filing today showed.
The developer’s cash pile soared to RM354.12 million as at June 30 from RM296.86 million a year ago. It is indeed sitting pretty on a net cash position of RM172.1 million, or 16.9 sen per share.
KSL’s net asset per share was at RM2.86 as at June 30. Its share price closed at 80 sen giving it a market capitalisation of RM813.77 million.  
Its improved quarterly performance bumped up its first-half (1H19) net profit to RM96.65 million, up 22.7% from RM78.78 million in the corresponding period a year ago while revenue rose 13.1% to RM317.9 million from RM280.96 million in 1HFY18.
The group said it is in the midst of developing a piece of land held along Jalan Klang-Banting here, and is anticipating a gross development value of RM10 billion with 10 main development phases.
“This mixed development project is expected to entail thousands of units of residential and commercial properties,” said KSL.
Meanwhile, the group is also expecting to benefit from more incoming investment from Singapore to the Iskandar Development region, as most of its flagship projects are located there.
It also has land held for current and future development in Johor Bahru, Batu Pahat, Kluang, Segamat, Muar, Mersing, Klang and Kuala Lumpur, most of which is available for immediate development with approval for subdivision granted.
According to KSL’s latest available annual report, as at Dec 31, 2018, the group has approximately 2,300 acres of landbank spread across these areas.
“These will help the group sustain its medium to long term development and profitability,” KSL said.

Posted by Good123 > 2019-12-17 15:15 | Report Abuse

investors prefer yearly predictable dividend income than share buyback.

Posted by Good123 > 2019-12-17 15:16 | Report Abuse

if ksl wanted its share price to reflect its profitability and growth, better pay yearly dividend

Posted by RVI123 > 2019-12-17 15:53 | Report Abuse

KSL has cash balance of RM340mil as at 30/9/2019. If KSL declares dividend of 3 sen per share, the dividend distribution will be RM31mil. KSL will still has a balance of RM309mil cash after the payout.

Posted by RVI123 > 2019-12-17 15:55 | Report Abuse

Hopefully, KSL will declare dividend before Chinese New Year.

Posted by RVI123 > 2019-12-17 16:08 | Report Abuse

KSL bosses has to pay income tax of 30% for the directors fees as their income are more than RM2mil per year. If they receive the payment through dividends, the dividends are only subjected to 24% corporate tax. It is advisable for KSL to start paying dividends again and let KSL becomes an attractive counter for the investors again.

Posted by Victor Yong > 2019-12-17 16:45 | Report Abuse

Paying dividend will boost the share price instead of share buyback. Some old directors might think that the share buyback boosted the share price immediately and those wanted dividend could exit by selling at higher price :)


@RVI123 KSL bosses has to pay income tax of 30% for the directors fees as their income are more than RM2mil per year. If they receive the payment through dividends, the dividends are only subjected to 24% corporate tax. It is advisable for KSL to start paying dividends again and let KSL becomes an attractive counter for the investors again.

Posted by Victor Yong > 2019-12-17 16:47 | Report Abuse

This year, they never use company's funds for share buyback :)

Tuesday, 26 Nov 2019

5:06PM KSL Nine-month net profit 144.332 million (increased 8.63%)


Tuesday, 22 Oct 2019

5:04PM KSL KHOO CHENG HAI @ KU CHENG HAI (760,100 units Acquired)

5:04PM KSL KU HWA SENG (760,100 units Acquired)

5:04PM KSL KU HWA SENG (760,100 units Acquired)

5:04PM KSL KHOO CHENG HAI @ KU CHENG HAI (760,100 units Acquired)


Tuesday, 15 Oct 2019

5:27PM KSL Change of Address


Wednesday, 9 Oct 2019

5:06PM KSL KHOO CHENG HAI @ KU CHENG HAI (2,054,800 units Acquired)

5:06PM KSL KU HWA SENG (2,054,800 units Acquired)

5:06PM KSL KU HWA SENG (2,054,800 units Acquired)

5:06PM KSL KHOO CHENG HAI @ KU CHENG HAI (2,054,800 units Acquired)


Tuesday, 17 Sep 2019

5:12PM KSL KU HWA SENG (2,157,300 units Acquired)

5:12PM KSL KHOO CHENG HAI @ KU CHENG HAI (2,157,300 units Acquired)

5:12PM KSL KHOO CHENG HAI @ KU CHENG HAI (2,157,300 units Acquired)

5:12PM KSL KU HWA SENG (2,157,300 units Acquired)


Tuesday, 27 Aug 2019

5:05PM KSL 1H net profit 96.649 million (increased 22.68%)


Thursday, 1 Aug 2019

12:35PM KSL Resignation of SANTHI A/P SAMINATHAN As Others

12:35PM KSL Appointment of LIM PEI CHENG As Others

12:35PM KSL Resignation of LEONG SIEW FOONG As Others


Tuesday, 9 Jul 2019

5:40PM KSL KU TIEN SEK (1,153,000 units Acquired)

5:40PM KSL KU TIEN SEK (1,153,000 units Acquired)


Wednesday, 3 Jul 2019

5:14PM KSL KHOO CHENG HAI @ KU CHENG HAI (1,730,000 units Acquired)

5:14PM KSL KU HWA SENG (1,730,000 units Acquired)

5:14PM KSL KU HWA SENG (1,730,000 units Acquired)

5:14PM KSL KHOO CHENG HAI @ KU CHENG HAI (1,730,000 units Acquired)


Wednesday, 19 Jun 2019

5:09PM KSL KU HWA SENG (1,949,900 units Acquired)

5:09PM KSL KHOO CHENG HAI @ KU CHENG HAI (1,949,900 units Acquired)

5:09PM KSL KU HWA SENG (1,949,900 units Acquired)

5:09PM KSL KHOO CHENG HAI @ KU CHENG HAI (1,949,900 units Acquired)

Posted by Victor Yong > 2019-12-17 16:48 | Report Abuse

this year, belum ada share buyback, this month kah? :)



26-Apr-2018 26-Apr-2018 Buyback 500,000 0.925 0.930 View Detail
25-Apr-2018 26-Apr-2018 Buyback 979,900 0.925 0.930 View Detail
25-Apr-2018 25-Apr-2018 Buyback 479,900 0.930 0.930 View Detail
06-Apr-2018 06-Apr-2018 Buyback 52,100 0.930 0.930 View Detail
05-Apr-2018 05-Apr-2018 Buyback 500,000 0.930 0.930 View Detail
04-Apr-2018 04-Apr-2018 Buyback 1,048,200 0.940 0.945 View Detail
03-Apr-2018 06-Apr-2018 Buyback 1,917,100 0.930 0.950 View Detail
03-Apr-2018 03-Apr-2018 Buyback 316,800 0.945 0.950 View Detail
29-Mar-2018 29-Mar-2018 Buyback 88,100 0.935 0.945 View Detail
26-Mar-2018 26-Mar-2018 Buyback 49,700 0.950 0.955 View Detail
22-Mar-2018 29-Mar-2018 Buyback 165,200 0.935 0.975 View Detail
22-Mar-2018 22-Mar-2018 Buyback 27,400 0.975 0.975 View Detail
20-Mar-2018 20-Mar-2018 Buyback 300,000 1.000 1.000 View Detail
16-Mar-2018 16-Mar-2018 Buyback 1,000,000 1.010 1.010 View Detail
14-Mar-2018 20-Mar-2018 Buyback 1,800,000 1.000 1.010 View Detail
14-Mar-2018 14-Mar-2018 Buyback 500,000 1.010 1.010 View Detail
13-Mar-2018 13-Mar-2018 Buyback 558,100 1.000 1.010 View Detail
12-Mar-2018 12-Mar-2018 Buyback 323,300 1.010 1.010 View Detail
09-Mar-2018 09-Mar-2018 Buyback 102,700 1.010 1.010 View Detail
07-Mar-2018 07-Mar-2018 Buyback 734,600 1.010 1.010 View Detail
06-Mar-2018 06-Mar-2018 Buyback 586,100 1.010 1.020 View Detail
02-Mar-2018 13-Mar-2018 Buyback 3,143,800 1.000 1.030 View Detail
02-Mar-2018 02-Mar-2018 Buyback 839,000 1.020 1.030 View Detail
12-Dec-2017 12-Dec-2017 Buyback 250,000 1.150 1.150 View Detail
12-Dec-2017 12-Dec-2017 Buyback 250,000 1.150 1.150

Posted by lcng123 > 2019-12-17 17:16 | Report Abuse

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.

Posted by Victor Yong > 2019-12-17 18:15 | Report Abuse

Good to hear that :)

@lcng123 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.

Posted by Good123 > 2019-12-17 18:35 | Report Abuse

directors buying themselves, later share price rises due to promised dividend, they gain too

Posted by Victor Yong > 2019-12-17 19:21 | Report Abuse

MCT vs BCB vs KSL, which is one better ? :)


MCT Financial Information - 32sen
Market Capital (RM)
: 466.24m
EPS: 4.36sen
PE Ratio: 7.35
ROE (%): 6.98

Number of Share
: 1.457b
NTA (RM)
: 0.625
Par Value (RM)
: 0.500

BCB Financial Information- 36.5sen
Market Capital (RM)
: 150.56m
Number of Share
: 412.50m
EPS (cent)
: 10.85 *
P/E Ratio
: 3.36
ROE (%)
: 9.43
NTA (RM)
: 1.150
Par Value (RM)
: 0.500

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.


KSL Financial Information - 77.5sen
Market Capital (RM)
: 804.07m
Number of Share
: 1.038b
EPS (cent)
: 22.70 *
P/E Ratio
: 3.41
ROE (%)
: 7.80
NTA (RM)
: 2.910
Par Value (RM)
: 0.500

Posted by Victor Yong > 2019-12-17 20:11 | Report Abuse

good rating :)

KSL HOTEL & RESORT: UPDATED 2019 Reviews, Price ...
https://www.tripadvisor.com.my › ... › Johor Bahru › Johor Bahru Hotels
Rating: 4 - ‎4,131 reviews - ‎Price range: RM 178 - RM 558 (Based on Average Rates for a Standard Room)
KSL Hotel & Resort, Johor Bahru: 4131 Hotel Reviews, 2383 traveller photos, and great ... at the hotel or you could include it during the booking at our website.
Which popular attractions are close to KSL Hotel & Resort?
What are some of the property amenities at KSL Hotel & Resort?
Which room amenities are available at KSL Hotel & Resort?
Show more
KSL Hotel & Resort in Johor Bahru - Room Deals, Photos ...
https://www.agoda.com › Malaysia Hotels › Johor Bahru Hotels
Rating: 7.8/10 - ‎43,398 reviews - ‎Price range: room rates from $39 per night (USD) - We Price Match!
Best Price Guarantee ➤ Nightly rates at KSL Hotel & Resort as low as $39. Located in the Johor Bahru City Center area of Johor Bahru, Malaysia ✓ Read Real ...
Distance to city center‎: ‎4 KM Distance to airport‎: ‎19.8 km
Location rating‎: ‎8.6 Nearest airport‎: ‎Senai International Airport ..

Posted by Victor Yong > 2019-12-17 20:13 | Report Abuse

interesting :)

Founders of KSL Holdings acquiring more shares in property ...
https://www.edgeprop.my › content › founders-ksl-holdings-acquiring-mo...
Jul 13, 2019 - The report also stated that the Ku brothers (founders of KSL) control Premiere Sector Sdn Bhd – the Johor-based developer's single largest ...
KSL cash pile soars with higher profit but, sorry, no dividend ...
https://www.theedgemarkets.com › article › ksls-cash-pile-rises-higher-prof...
Aug 27, 2019 - KSL Holdings Bhd announced a 59.4% jump in net profit to RM67.78 million in its second quarter ended June 30, 2019 (2QFY19) from ...
KSL's founders tighten grip on company | The Edge Markets
https://www.theedgemarkets.com › article › ksls-founders-tighten-grip-co...
Jul 22, 2019 - THE last few months have seen the founders of KSL Holdings Bhd acquiring more shares in the Johor-based property developer, at a time ...

Posted by Victor Yong > 2019-12-17 20:15 | Report Abuse

:)

KSL wins BCI Asia award, again | New Straits Times ...
https://www.nst.com.my › property › 2019/07 › ksl-wins-bci-asia-award-a...
Jul 4, 2019 - KSL Holdings Bhd's property arm, Khoo Soon Lee Realty Sdn Bhd, ... were KSL Esplanade Mall in the Bandar Bestari township in Klang and ...

Posted by Victor Yong > 2019-12-17 20:19 | Report Abuse

Giant project :)

KSL Esplanade Mall is built within 18 acres land in Bandar Bestari



https://www.kslbandarbestari.com/ksl-esplanade-mall

Posted by Victor Yong > 2019-12-17 21:45 | Report Abuse

can keep some if got spare cash :)

MR KHOO CHENG HAI @ KU CHENG HAI 21-Oct-2019 Acquired 760,100 0.771 View Detail
MR KU HWA SENG 21-Oct-2019 Acquired 760,100 0.771 View Detail
MR KHOO CHENG HAI @ KU CHENG HAI 08-Oct-2019 Acquired 2,054,800 0.773 View Detail
MR KU HWA SENG 08-Oct-2019 Acquired 2,054,800 0.773 View Detail
MR KHOO CHENG HAI @ KU CHENG HAI 13-Sep-2019 Acquired 2,157,300 0.793 View Detail
MR KU HWA SENG 13-Sep-2019 Acquired 2,157,300 0.793 View Detail
MR KU TIEN SEK 08-Jul-2019 Acquired 1,153,000 0.780 View Detail
MR KHOO CHENG HAI @ KU CHENG HAI 02-Jul-2019 Acquired 1,730,000 0.786 View Detail
MR KU HWA SENG 02-Jul-2019 Acquired 1,730,000 0.786 View Detail
MR KHOO CHENG HAI @ KU CHENG HAI 18-Jun-2019 Acquired 1,949,900 0.792 View Detail
MR KU HWA SENG 18-Jun-2019 Acquired 1,949,900 0.792 View Detail
MR KHOO CHENG HAI @ KU CHENG HAI 16-Apr-2019 Acquired 1,628,200 0.893 View Detail
MR KU HWA SENG 16-Apr-2019 Acquired 1,628,200 0.893 View Detail
MR KHOO CHENG HAI @ KU CHENG HAI 01-Apr-2019 Acquired 1,278,900 0.906 View Detail
MR KU HWA SENG 01-Apr-2019 Acquired 1,278,900 0.906 View Detail
MR KHOO CHENG HAI @ KU CHENG HAI 05-Mar-2019 Acquired 1,518,600 0.852 View Detail
MR KU HWA SENG 05-Mar-2019 Acquired 1,518,600 0.852 View Detail
MR KHOO CHENG HAI @ KU CHENG HAI 23-Jan-2019 Acquired 1,406,000 0.841 View Detail
MR KU HWA SENG 23-Jan-2019 Acquired 1,406,000 0.841 View Detail
MR KHOO CHENG HAI @ KU CHENG HAI 10-Jan-2019 Acquired 1,168,400 0.715 View Detail
MR KU HWA SENG 10-Jan-2019 Acquired 1,168,400 0.715 View Detail
MR KHOO CHENG HAI @ KU CHENG HAI 04-Jan-2019 Acquired 820,200 0.695 View Detail
MR KU HWA SENG 04-Jan-2019 Acquired 820,200 0.695 View Detail
MR KHOO CHENG HAI @ KU CHENG HAI 02-Jan-2019 Acquired 937,700 0.695 View Detail
MR KU HWA SENG 02-Jan-2019 Acquired 937,700 0.695

Posted by Victor Yong > 2019-12-18 09:13 | Report Abuse

Expecting the bosses will buy more shares themselves, this year Belum Ada syer Beli balik pakai duit syarikat lagi :)

Posted by leong87654321 > 2019-12-18 22:38 | Report Abuse

Thank you for forum group info.

Posted by Moderate > 2019-12-18 22:50 | Report Abuse

No dividends, keep share price low. maybe in 5 or 10 years, offer u 20% over low sh pr to take company private.

Posted by Moderate > 2019-12-18 22:52 | Report Abuse

You'll help them control the company with the stake they own.

Posted by RVI123 > 2019-12-19 00:15 | Report Abuse

I stayed in KSL Hotel a few times. Their breakfast is superb. A lot of varieties.

Posted by RVI123 > 2019-12-19 00:37 | Report Abuse

In fact, KSL can afford to pay dividends even at this period. The company currently has RM340mil in cash. The company just needs RM51.9mil to pay 5sen dividend or RM83.0mil to pay 8 sen dividend. It is really not logical for the company not to pay any dividends when the company is making RM235.4mil after-tax profit for the last 12 months.

Posted by lcng123 > 2019-12-20 09:15 | Report Abuse

fundamental is good. just park some cash here and wait

Posted by leong87654321 > 2019-12-23 23:07 | Report Abuse

Prefer to pay income tax and minority shareholders go penniless!!! Wow.

Posted by upsidedown119 > 2019-12-29 11:41 | Report Abuse

I don't think what KSL's directors did and are doing is legal. The Securities commission and Bursa monitors are sleeping on the job.

Posted by xiohai > 2019-12-30 15:52 | Report Abuse

haha ! ada wang tidak sakah ( malaysia boleh ) .

Posted by luckyman > 2020-01-03 20:17 | Report Abuse

https://www.theedgemarkets.com/article/ksls-cash-pile-rises-higher-profit-sorry-no-dividend

Posted by xiohai > 2020-01-03 21:41 | Report Abuse

because director 's salaries only $ 1.

Posted by lcng123 > 2020-01-07 10:47 | Report Abuse

Any photo of KSL Esplanade Mall latest progress share here.....

Posted by tanhy123 > 2020-01-11 10:49 | Report Abuse

Ksl Esplanade Mall target to complete end of 2020

Posted by lcng123 > 2020-01-11 18:05 | Report Abuse

Just target... Can they make it ? Need to see the photo of the construction progress.

Posted by enjoe > 2020-01-18 01:40 | Report Abuse

要飞了

Posted by lcng123 > 2020-01-18 11:11 | Report Abuse

Hope the new mall will be completed as planned. Nobody here can share photo of KSL Esplanade Mall construction progress ???

Posted by tanhy123 > 2020-01-20 20:10 | Report Abuse

Pictures of KLS mall is here, taken by someone in Dec 2019 https://photos.google.com/share/AF1QipOT1S8s9aoYLK3uQ2V3KTAoesdp2r3gvuKWeF00p4DVAvSeV4N6uHoUanPLtI6F_g?key=R08xb2IzZms0NHdjczF1S09RXzFYM3d0M0VOSXBR

Posted by lcng123 > 2020-01-20 21:32 | Report Abuse

Thank you for sharing tanhy123. I have requested for the pictures of KSL esplanade mall construction so many time and finally, tanhy123 did it. Thank you.

Posted by lcng123 > 2020-01-20 21:35 | Report Abuse

By looking at pictures, I am wondering whether they are start operation by end of Dec this year. Someone has shared the picture on July 2019 and it look almost the same after 5 months.

Posted by lcng123 > 2020-01-20 22:13 | Report Abuse

However, at the current price of below 80sen, worth to accumulate slowly and wait for next year.

Posted by xiohai > 2020-01-21 15:25 | Report Abuse

how old are u ?123

Posted by spider68 > 2020-01-31 11:08 | Report Abuse

Ridiculous
KSL Holdings Berhad
NTA RM2.91
PE 3.117
EPS RM0.231
Cash In Hand RM340 Million
No Dividends since 2015
Not Suprised MSP tanked to RM0.72 as at 31-01-20
1 Word Someone is Stingy & Selfish

Posted by vcinvestor > 2020-01-31 11:36 | Report Abuse

Sadly the only minority shareholder with a loud enough voice to make any demands is Urusharta Jamaah (the Tabung Haji SPV) with a 7% stake.

Tabung Haji has been building its stake in this counter since 1Q2017 and basically seen a return on investment of between negative 30-50%.

In Nov'19 UJ in a statement said that the transfer of non-performing assets from TH to UJ was complete: https://www.theedgemarkets.com/article/tabung-haji-asset-transfer-part-rescue-restructuring-plan-completed-%E2%80%94-urusharta-jamaah

Which i read to mean that any actions to rehabilitate their distressed assets e.g. selling off properties, changing management of nonperforming companies will start to take place soon. We already saw some initial actions with the restoration of TH Heavy's PETRONAS license and TH Plantation's asset sale.

I don't have any inside news on UJ but I cannot imagine they are happy with these directors pocketing upwards of RM25mil in salaries and bonuses p.a. while sitting on a massive pile of cash.

SO - what are the next steps forward? I'd imagine it will be a really raucous environment in the next AGM (typically held in end-May) OR if UJ wants to get things moving, perhaps we will even see an EGM called to call for the removal of the Remuneration Committee chairperson.

Definitely a situation to monitor.

Posted by spider68 > 2020-01-31 15:29 | Report Abuse

KSL aka Kiam Siap Like-Hell

Posted by BearishTrend > 2020-02-11 13:39 | Report Abuse

Ksl just sideway until next 5years

Posted by enjoe > 2020-02-16 00:19 | Report Abuse

When HSR restart, i looks good on this JOHOR property, possible dividend by company after that AGM, or possible not

Posted by CUTLOST > 2020-02-16 00:53 | Report Abuse

Management manage company in good,mkan sendiri..no need to take care of investor.

Posted by dompeilee > 2020-02-17 15:22 | Report Abuse

dompeilee Bought some KSL @ 77 / 77.5c
17/01/2019 09:30

SOLD my KSL @ 90c
28/01/2019 10:18 AM

Bought back KSL @ 71.5c

Posted by GreatDreamer > 2020-02-18 10:53 | Report Abuse

KSL Klang Esplanade Mall to be opened by Apr21. Todate, it has secure tenant commitment 65% of its retail space over 100 brand.

Ksl Esplande Hot Spring Hotel is due be open by 3Q21.

(souce : The Edge 17feb20. PageCC2)

Base on above, the above investment projects need a lot of cashflow, it is not optimsitic that ksl will annouce any dividend by end of this month.

Posted by xiohai > 2020-02-18 21:18 | Report Abuse

1 cent ?