KSL HOLDINGS BHD

KLSE (MYR): KSL (5038)

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Last Price

1.75

Today's Change

-0.03 (1.69%)

Day's Change

1.75 - 1.78

Trading Volume

287,800


21 people like this.

14,174 comment(s). Last comment by lcng123 3 days ago

stkoay

6,490 posts

Posted by stkoay > 2024-04-04 16:48 | Report Abuse

Wow...top gainer 💪

pang72

51,533 posts

Posted by pang72 > 2024-04-04 16:54 | Report Abuse

I believe KSL started to fly

pang72

51,533 posts

Posted by pang72 > 2024-04-04 16:57 | Report Abuse

Next destination $2.00

Invest_888

1,067 posts

Posted by Invest_888 > 2024-04-04 16:58 | Report Abuse

Why goes up? give dividend?

pang72

51,533 posts

Posted by pang72 > 2024-04-04 17:11 | Report Abuse

It is too undervalue till market can't ignore it forever.
Because, the lousy property counters are all up to moon..
The reputation counter can't be so pasar malam price..

GLNT

566 posts

Posted by GLNT > 2024-04-04 19:48 | Report Abuse

KSL price is too ridiculously cheap. I hope boss will just REIT their investment properties, then price should at least double.

Eggplant

90 posts

Posted by Eggplant > 2024-04-05 09:11 | Report Abuse

PE is only 4.18x and NTA is worth RM3.65. KSL is really undervalued

IamBen10

52 posts

Posted by IamBen10 > 2024-04-05 09:29 | Report Abuse

Khoo Soon Lee Brothers has launched their rocket...

pang72

51,533 posts

Posted by pang72 > 2024-04-05 10:23 | Report Abuse

So early flying.
Must be very good news

neemdom

178 posts

Posted by neemdom > 2024-04-05 12:10 | Report Abuse

KSL mr.koon's tip

neemdom

178 posts

Posted by neemdom > 2024-04-05 12:12 | Report Abuse

Now mr.koon allocate PP of IPO for those who subcribe

pang72

51,533 posts

Posted by pang72 > 2024-04-05 12:33 | Report Abuse

KSL cushion my portfolio of not in big red...
Good job

pang72

51,533 posts

Posted by pang72 > 2024-04-05 17:54 | Report Abuse

1.79 up 12c...
Johor property added new black horse candidate - KSL

Investorrr

680 posts

Posted by Investorrr > 2024-04-06 12:41 | Report Abuse

RM4 share

edcheong

73 posts

Posted by edcheong > 2024-04-06 23:16 | Report Abuse

Monday and Tuesday : 1.90, 2.20
Wed: Rayakaya

pang72

51,533 posts

Posted by pang72 > 2024-04-07 09:51 | Report Abuse

https://www.chinapress.com.my/20240405/%e8%85%be%e4%bf%a1%e5%9c%b0%e4%ba%a7%e7%ac%ac%e4%ba%8c%e6%9c%9f%e5%8f%8a%e7%ac%ac%e4%b8%89%e6%9c%9f%e6%ad%a3%e5%bc%8f%e6%8e%a8%e5%87%ba-taman-pulai-bestari%e5%b1%8b/

腾信地产第二期及第三期正式推出 Taman Pulai Bestari屋超所值
988点阅 2天前
腾信地产Taman Pulai BestariKSL集团房产推介
扩建装修问题不必再烦恼,发展商免费配送双白钢门、白钢扶手及全副地砖!

由KSL集团推出,腾信地产(TS PROPERTY)为独家代理的第二期双层田字屋及第三期双层排屋正式推介,现在购置还能享有早鸟特别大优惠!

pang72

51,533 posts

Posted by pang72 > 2024-04-07 09:53 | Report Abuse

Next week cross $2.00 giving rays green packet by KSL!
Another johor property counter in fire:)

pang72

51,533 posts

Posted by pang72 > 2024-04-07 14:38 | Report Abuse

CHIN HIN GROUP PROPERTY BERHAD.
T4Q Result: ( EPS: 5.23, P/E: 34.41 )

KSL HOLDINGS BHD
T4Q Result: ( EPS: 39.96, P/E: 4.48 )

pang72

51,533 posts

Posted by pang72 > 2024-04-07 14:44 | Report Abuse

Why not KSL rated with PE34 like CHGP?
Ksl is much better than CHGP with PE34 =$13. 60?
Sound weird... Then Pe10 = $4.00 much reasonable with many new launch in King home = Johor

pang72

51,533 posts

Posted by pang72 > 2024-04-07 14:45 | Report Abuse

KSL boss shld but back his own shares or privatisation before other smart investors take over his company from open market

dragon328

2,578 posts

Posted by dragon328 > 2024-04-07 16:17 | Report Abuse

@pang72, SimpllyWlstreet said KSL at RM1.67 was undervalued by 89% from its fair value, meaning that it valued KSL at RM1.67/11% = RM15.18 per share

You can go check its valuation method

dragon328

2,578 posts

Posted by dragon328 > 2024-04-07 16:21 | Report Abuse

Oh based on latest price of RM1.79, KSL is 88.2% below the fair value, which is RM1.79/11.8% = RM15.17

dragon328

2,578 posts

Posted by dragon328 > 2024-04-07 16:35 | Report Abuse

But I check the FCF method used by the AI platform and found that the projected free cashflows for KSL were much higher than I expected - RM489m in 2024 rising to RM1,600m in 2033. KSL recorded FCF of close to RM400m in 2023 if I excluded a unusually big development expenditure of RM78.3m for a piece of land.

Its FCF may double up to RM800 million a year 10 years from now, i.e. in 2033 as the company raises rental income in the shopping malls and hotels over the years and enjoys higher profit margin from new housing development in later phases in its maturing townships.

SO I would just knock off 50% from SimplyWllSt valuation, yet still getting a good valuation of RM7.59 per share, a good 320% upside from the current price.

Posted by GreatDreamer > 2024-04-07 22:25 | Report Abuse

Last 2 day daily volumn of 9m share tell us that
investors are now buying KSL solid earning story even without dividend, which is similar to internet stock.

Stock can continue uptrend with growth drivers remain intact as KSL continue to launch more JB project, higher selling price and thus higher profit margin.

pang72

51,533 posts

Posted by pang72 > 2024-04-07 22:57 | Report Abuse

Thanks dragon supported data with FCF..
Ksl balance sheet is way too good to believe...
I am a little bit doubt because the share price is not reflected the truth value.. Too undervalue. I am not sure what went wrong. Perhaps, some said without dividend policy so less attractive.

However, KSL continue demonstrated the good earning untill market has no choice to push its up because EUPE or CHGP which are smaller scale firm has push up to crazy PE.

pang72

51,533 posts

Posted by pang72 > 2024-04-07 23:00 | Report Abuse

I will foresee the undervalue KSL share price will not last long..
Some people has rushing in to grab the shares last week..
It shld continue the uptrend...

dragon328

2,578 posts

Posted by dragon328 > 2024-04-08 09:01 | Report Abuse

I think one of the reasons why KSL share price has been depressed is that the company has not declared any dividend since 2015, though it made hundreds of millions of ringgit in profits.

You see other property developers do pay out dividends consistently though the dividend yields are low at 1% to max 5%.

That's the reason why the cash balance in KSL has ballooned to over RM500 million with little debts. I think the company did not pay out dividend in 2016-2019 as it prepared to buy over the large piece of land in Klang to branch out from Johor, and to prepare necessary cash to launch the property project in Klang township (initial development costs likeland cost and infra costs might have amounted to over RM100m or so) and to build the Klang Esplanade shopping mall and hotels there.

Now with all this major capex already done and shopping mall & hotels all performing well (note that its shopping malls and hotels in JB and Klang generated about RM120 million pretax profit in 2023), I reckon that KSL may not need to preserve so much cash in the balance sheet, unless it has identified another piece of land for new projects.

I predict that KSL may be willing to declare maiden dividends in 2024 as it has excess cash and strong operating cashflows to support a dividend policy of easily 30%.

dragon328

2,578 posts

Posted by dragon328 > 2024-04-08 12:30 | Report Abuse

It is only natural for it to have some profit taking after a strong 2-day rally. It provides a good chance to those who missed out earlier to gain entry and for me to accumulate more at lower prices.

pang72

51,533 posts

Posted by pang72 > 2024-04-08 14:34 | Report Abuse

Yes! Add more

pang72

51,533 posts

Posted by pang72 > 2024-04-08 16:26 | Report Abuse

1.79 uncle YY mari

pang72

51,533 posts

Posted by pang72 > 2024-04-08 16:27 | Report Abuse

One day correction end..
Fly lo

Posted by ConstructionMinion > 2024-04-08 16:30 | Report Abuse

I think this is the next data centre counter. many land in ulu tiram

pang72

51,533 posts

Posted by pang72 > 2024-04-08 16:37 | Report Abuse

.... Good...

klee

3,525 posts

Posted by klee > 2024-04-08 21:05 | Report Abuse

Last bonus issue of 1 for 1 was in 2014 when the net profit was RM340 mil.
Now is 10 yrs later and the full yr profit is RM 414 mil and nta Rm 3.6.
Can we have another 1 for 1 bonus or better still 2 for 1 bonus?

klee

3,525 posts

Posted by klee > 2024-04-08 21:05 | Report Abuse

Extremely likely.

pang72

51,533 posts

Posted by pang72 > 2024-04-09 00:12 | Report Abuse

Of course possible...
Uncle YY looks like will become very RICH and get back all his money losing in DAYANG, JAKS then..

pang72

51,533 posts

Posted by pang72 > 2024-04-09 10:27 | Report Abuse

...... 白金〈九点子弹笔记〉─柔佛产业热潮机遇探索2公司布局及行动
07/04/2024
柔佛州房地产开始掀起热潮,发展商涌进,土地交易此起彼落,新发展计划排队推介。

数据中心,大型基建计划带动,新元汇率因素,多重利好符合天时地利人和条件;柔佛概念产业股自去年开始大涨。

多家柔佛产业股翻了一倍或以上,热潮似乎方兴未艾,现在还适合投资柔佛概念股吗?

市场永远有机会,顺利实业(KSL),吉星机构(CRESNDO)沉闷多年,时机到来一举爆发,只有少数有超级耐心的投资者能等到今天。

Invest_888

1,067 posts

Posted by Invest_888 > 2024-04-09 22:39 | Report Abuse

If KSL directors pay 30% profits as dividend to share holders, the KSL price can easily go up to RM3.00, and go further even more later. KSL is the best earning property developer in Malaysia.

Udngu Ngu

13 posts

Posted by Udngu Ngu > 2024-04-10 08:38 | Report Abuse

Bonus issue and declaration of dividend policy will very positively impact on this stock

Udngu Ngu

13 posts

Posted by Udngu Ngu > 2024-04-12 09:26 | Report Abuse

And better still follow the footsteps of UOA Development and convert its rich assets into REITS.This way,it will enrich both its shareholders and founding Directors.

Invest_888

1,067 posts

Posted by Invest_888 > 2024-04-12 10:00 | Report Abuse

KSL starts to move up again.

IamBen10

52 posts

Posted by IamBen10 > 2024-04-12 10:05 | Report Abuse

Huhu... 🚀

lcng123

1,126 posts

Posted by lcng123 > 2024-04-12 10:06 | Report Abuse

Another goreng coming up...

troy88

3,016 posts

Posted by troy88 > 2024-04-12 10:07 | Report Abuse

Very bullish. Should surpass RM2 soon..

IamBen10

52 posts

Posted by IamBen10 > 2024-04-12 10:07 | Report Abuse

KSL and SP SETIA is joining F1 race...

scchin58

45 posts

Posted by scchin58 > 2024-04-12 10:23 | Report Abuse

No dividen. Bonus 4 for 1 possible.Number of shares ballon to 5.15b,market cap may reach 6b.Separate listing for REIT

scchin58

45 posts

Posted by scchin58 > 2024-04-12 10:26 | Report Abuse

Balloon

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