The abandoned Putrajaya-Kajang link may be revived with an LRT line, according to a report in The Star Online.Works had begun on a monorail line connecting Putrajaya to Kajang, but construction was abandoned in 2004 due to cost constraints.However, the report said it may now be revived as an LRT line at the cost of around RM2 billion. If it proceeds, the line would be the fourth such line in the greater Klang Valley.In contrast, the LRT3 line from Bandar Utama to Klang will cost RM15.02 billion.According to The Star, the lower price tag is due to civil infrastructure works having been completed with the abandoned monorail project.“While it may take about six months to a year before project development begins, I can confirm that the government wants to proceed with the project,” a source was quoted as saying.At present, the MRT1 line terminates in Kajang, while the under-construction MRT2 line will terminate in Putrajaya. Both originate from Sungai Buloh.A Putrajaya-Kajang connection would complete the loop.'MRT2, HSR, ECRL and LRT4 in Putrajaya'There have been a number of proposals to revive the abandoned link over the years.The previous BN government had also considered linking Putrajaya and Kajang through a tram system.The Star report said that if the LRT4 plan proceeds, it will be under the oversight of local authority Putrajaya Corporation and the Federal Territories Ministry.Though initially deemed a white elephant project, Putrajaya's population has since grown substantially.Apart from the MRT2 line and the possible LRT4 line, the East Coast Rail Link will also have a station in Putrajaya, as will the Kuala Lumpur-Singapore High-Speed Rail, the construction of which is postponed until 2020.
DBS group research TP for MKH is 1.70 should be reasonable and achieveable soon base on the recent catalysts: CPO price, IDR resilient, ECRL, Eddy Chen as chairman of PR1MA (strong connection with PH new government). Better and clear earnings visibility for MKH.
You can see that Putrajaya and Bangi are next to each other
Here we have Mrt2
The Ktm Bangi rail line
Then the latest proposed let link to putrajaya
Plus the upcoming Hsr from Singapore
It shows a very well connected heartland with transport arteries of the very Dynamic Region
MKH having the very most landbanks in the kajang-semenyih belt plus a 3 star hotel, 4 plots of offices, 4 plots of commercial lands tenanted to 2 hypermarkets and several housing enclaves is the superior beneficiary of all these future connectivity
All people traveling East bound will have to come down south to kajang-bangi before continuing their journey by Ecrl to jelebu in Seremban, mentakab in pahang as well as Trengganu and Kelantan
MKH Kajang 2 has a new KTM station under construction now. If ERCL can interchange there, should be helping the area to become business hub for the southern region.
Hey! Today, R-Table will be covering MKH Berhad by presenting 10 years financial results in a short, fun & interesting way. Click the link below to watch the video.
Plantation Sector - News flow for week 3 – 7 June Author: AmInvest | Publish date: Mon, 10 Jun 2019, 11:32 AM Bloomberg reported that futures prices for soybean and canola meal in China have been surging as the Chinese eat more chicken and duck, driving demand for poultry feed. Consumers in China are looking for alternative sources of meat protein as the African swine fever affects hogs. Bloomberg quoted an industry expert as saying that China’s demand for poultry feed is expected to increase by 20% this year. This coupled with the growth in fish farming are envisaged to compensate for the fall in demand for meal from the hog industry. Bloomberg also reported that planting progress of corn and soybean in the USA continues to disappoint as a result of the heavy rains in the Midwest. According to the USDA, corn planting in the US was 67% completed as at two Sundays ago compared with 96% at the same time last year. Soybean plantings were only 39% completed vs. market expectations of 42%. Currently, the USDA forecasts planted areas of 92.8mil acres for corn and 84.6mil acres for soybean in the US in 2019F/2020F. Reuters reported that China has agreed to take palm oil worth nearly US$150mil from Malaysia in a barter deal. Malaysia will export US$144.9mil worth of palm oil, representing about 200,000 tonnes to China. In return, Malaysia will receive construction services, natural resources products and civil and defence equipment from China. Reuters also reported that Total, the French oil and gas company, is set to commission a biodiesel refinery using palm oil. The refinery in southern France will start production in two weeks. The commissioning of the biodiesel plant has been delayed a few times due to opposition from the farmers. The biodiesel plant has a production capacity of 500,000 tonnes per year. Total has committed to using less than 300,000 tonnes of CPO per year at the biodiesel plant. The rest of the feedstock will consist of oils coming from other plants and recycled fats. Bloomberg said that China plans to store cargoes of American soybeans bought earlier this year that have yet to be delivered. The soybeans will be sent to boost state stockpiles instead of being processed. According to the USDA, China has yet to receive 6.9mil tonnes of US soybeans. China purchased the soybeans from December 2018 to March 2019 during a temporary truce on the trade war with the US. After trade war talks soured, China has turned to supplies from South America. Xinhua reported that China’s soybean and pork imports from the USA have declined sharply due to the trade war while those from other countries have been growing. The Ministry of Commerce said that pork imports from the US fell by 53.6% YoY in 4M2019 while pork imports from Spain, Canada and the United Kingdom rose by more than 10%. China’s soybean imports from the US declined by 70% YoY in 4M2019 while those from Brazil jumped by 46.8%.
The management of some good property counters like MKH knows how to adapt and adjust themselves to the poor property market conditions. Those good ones continue to do well but the experts just ignore the fact.
expectation sept to dec ffb output will down ,compare with last year....cpo price have supporting above rm2200 per ton....cpo price if above rm1900,palm oil company will have earning....
heard from friend former employee family nepotism high. founders no see eye to eye. children kao pei kao bu fighting to be ceo, coo, hod. friend said don buy. but i see only s$0.39 can collect?
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Aero1
1,463 posts
Posted by Aero1 > 2019-04-04 15:10 | Report Abuse
Stock is not enough to cover a month export.
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