Posted by bclim_83 > 2019-12-18 08:06 | Report Abuse

I agreed that revival of bandar malaysia will certainly benefit mkh as it is merely 25km away from kajang where mkh has 500 acres of land there. Kajang is now more accessable with the completion of MRT and KTM. Not to forget ECRL. With HSR is getting nod to go ahead and bandar malaysia will house a station, that will benefit MKH as well. CPO has gone up rm 1k from rm 1900 to rm 2900 now. Unbilled sale is rm 1.1 billion. I am looking at their new project, Mirai residence. It is attracting as it embraces japanese concept via the cooperation with panasonic. I hope it is sold well. Next year will be an exciting year for MKH

Posted by Aero1 > 2019-12-18 17:09 | Report Abuse

Welcome back to long overdue 1 billion club.

Posted by Aero1 > 2019-12-18 17:31 | Report Abuse

Soon plantation assets to provide you with steady dividend income potentially ranging from 8 sen to 12 sen a year.

Posted by Aero1 > 2019-12-18 17:34 | Report Abuse

No wonder public bank remains a steadfast substantial shareholder in MKH. Kudos to THP!

Posted by Aero1 > 2019-12-18 17:36 | Report Abuse

Not easy to maintain unbroken profitable records over the years.

Posted by hopetobecorrect > 2019-12-19 09:29 | Report Abuse

@aero1., can you share how you get the dividend income from plantation assets is in the range of 8-12 sen? that is very high estimation not calculating the div from property division

Posted by Aero1 > 2019-12-20 20:36 | Report Abuse

Last year plantation pbt was 48 mil when cpo price 2163. That was 8 sen. This year with higher cpo price and more prime age trees, you do the maths.

Posted by sctan > 2019-12-20 22:14 | Report Abuse

Indo plantation income is used to pare down the debt for purchasing the land. So there will not be any dividend from indo operations in the near term. Once the debt is cleared, either they will reward the shareholders or they will expand.

Posted by Aero1 > 2019-12-21 13:14 | Report Abuse

If cpo 2600, plantation revenue can break 300 mil. If forex stabile pbt may reach close to 100 mil based on 100 mt cpo and 20 mt pko.

Posted by Aero1 > 2019-12-21 13:19 | Report Abuse

Plantation eps is capable of achieving 4 to 5 sen each q.

Posted by Aero1 > 2019-12-21 13:21 | Report Abuse

Unbilled property more than 1 billion plus new project to be launched, property eps can achieve at least 20 sen.

Posted by Jackggcm > 2019-12-21 14:44 | Report Abuse

Unbilled property increased to 1.1 billion. MKH is doing very well. In Cantonese, "Sure eat no stick teeth!".

Posted by smartly > 2019-12-21 15:22 | Report Abuse

Posted by Aero1 > Dec 21, 2019 1:19 PM | Report Abuse

Plantation eps is capable of achieving 4 to 5 sen each q.
Unbilled property more than 1 billion plus new project to be launched, property eps can achieve at least 20 sen.

Aero1, i am a bit puzzle, how you get this figure ? your calculation is based on qoq or yoy ?

Posted by Aero1 > 2019-12-21 18:56 | Report Abuse

Qtyly report. Last two years achieved cpo 100 mt/year. Should be reasonable to add 10% increase considering more prime aged trees.

Posted by Aero1 > 2019-12-21 18:59 | Report Abuse

Pko production another 10% increase to more than 20k mt.

Posted by Aero1 > 2019-12-21 20:52 | Report Abuse

Without the impairment 11 mil. With full year rental income from China property. With newly refurbished hotel come operating.

Posted by Aero1 > 2019-12-21 20:53 | Report Abuse

Property Trading China operation could bring 20 sen eps.

Posted by Aero1 > 2019-12-21 20:56 | Report Abuse

At current price pe only 5 times. More potential!

Posted by sowsc1987 > 2019-12-22 18:49 | Report Abuse

Aero1,dun too optimistic the mkh FFB output....If mkh 2020 year can maintain 2019 FFB production ,can say very well lo.....

Posted by Aero1 > 2019-12-23 08:58 | Report Abuse

Planted area all set to benefit from buoyant cpo price with minimum capital investment.
Year/ HA/ Age/ Status
2008/3800 ha/11/prime age
2009/5200 ha/10/prime age
2010/4300 ha/9/entering prime age
2011/1100 ha/8/entering prime age
2016/2008 ha/5/maturing
Total 16408 ha average age 9 yr

Posted by bclim_83 > 2019-12-23 11:22 | Report Abuse

According to salesperson, Mirai residence achieved 70% sale in soft launch within 2 mths. I hope it is true. The concept of d project, location and pricing look attractive

Posted by sowsc1987 > 2019-12-23 13:10 | Report Abuse

Nexus Taman permata also good location .....not hard to sell .....few station to velocity and kl central

Posted by Aero1 > 2019-12-23 14:52 | Report Abuse

Mirai residence is an important project, a first high rise in the many high rise and ambitious buildings planned for Kajang 2. MKH JV with Panasonic for this project. Some calls it japan township.

Posted by bclim_83 > 2019-12-27 09:35 | Report Abuse

FCPO is breaching rm 3k. Rupiah also strenghtens against usd which is the highest over a year. These will benefit MKH a lot, it reduces usd borrowing foreign exchange loss

Posted by RVI123 > 2019-12-27 13:59 | Report Abuse

CPO traded at RM3,027 for March delivery this morning. Good news for MKH.

Posted by Aero1 > 2019-12-27 14:38 | Report Abuse

Indonesia pours money into infrastructure.
MKH to consider pouring money into property market in Indonesia. Its more than 10 years presence there helps.

Posted by Aero1 > 2019-12-27 14:39 | Report Abuse

Especially the affordable segment.

Posted by thesteward > 2019-12-27 15:39 | Report Abuse

Mkh sud be going back region of rm2 next year !

Posted by dompeilee > 2019-12-27 16:30 | Report Abuse

Luckily I never sold all =)

Posted by lcng123 > 2019-12-27 19:51 | Report Abuse

Indonesia CPO price USD820 (around RM3,400) as at 23 Dec, a new high record.

Posted by thesteward > 2019-12-28 08:57 | Report Abuse

Ya luckily still hv some .

Posted by Aero1 > 2019-12-28 12:00 | Report Abuse

1 billion broken. Now on the way to 1.5 billion. No doubt its business model is not less attractive than Matrix Concept.

Posted by Aero1 > 2019-12-28 12:05 | Report Abuse

It has more TOD projects. Waiting to release land bank value.

Posted by Aero1 > 2019-12-28 12:22 | Report Abuse

Like it that the China property realising its value by converting to investment for rent. Potentially unlocking value from disposal.

Posted by Aero1 > 2019-12-28 12:24 | Report Abuse

Went shopping the ubi kayu is selling at RM5 per kg Rm5k per ton. Good value. Indonesia venture has potential.

Posted by thesteward > 2019-12-28 14:17 | Report Abuse

Mkh will not only benefit fm palm oil.
If remember correctly they also have good lands along ecrl n hsr route . Let’s do some research . Anyway the rest I hv will wait for rm2.50 hahaha . Peram

Posted by shareinvestor88 > 2019-12-28 16:19 | Report Abuse

sell sell tp 1

Posted by Aero1 > 2019-12-28 16:52 | Report Abuse

With minimum capital spending, cash can only up. Coming quarter may close above 500 mil. Or borrowings reduced. Nothing going to stop this.

Posted by RVI123 > 2019-12-29 20:14 | Report Abuse

TOD project, Nexus Taman Permata in Cheras will be launched soon.

Posted by Aero1 > 2019-12-30 10:33 | Report Abuse

Followed by the JV with Sunway.

Posted by Aero1 > 2019-12-30 11:17 | Report Abuse

Both engines run well. MKH can leverage.

Posted by thesteward > 2019-12-30 11:29 | Report Abuse

Sold abit more 1.80 n hold balance

Posted by KeepLearning > 2019-12-30 11:35 | Report Abuse

With production 29-30mt per Ha , FCPO above 3000, faster unlock the value !

Posted by Jackggcm > 2019-12-30 12:19 | Report Abuse

Hold tight! RM2 coming soon!

Posted by bclim_83 > 2019-12-30 12:47 | Report Abuse

The current share price is still far from its peak at rm 2.5 2 years back. I had sold it before at close to rm 3 before right issue. Plenty of room for the share price to climb. Public bank retirement fund has been holding it close to 10%

Posted by Nadaruddin > 2019-12-30 15:05 | Report Abuse

Today will close at 1.80

Posted by thesteward > 2019-12-30 15:27 | Report Abuse

Bot back 1.76 this morning sold 1.80 will hold for big big gain di

Posted by TommyYan > 2019-12-30 15:48 | Report Abuse

Year 2020 will be fruitful year for mkh.

Posted by Aero1 > 2019-12-30 20:00 | Report Abuse

High palm prices help disposable spending which in turn to benefit general economy including the property industry.

Posted by Aero1 > 2019-12-30 20:02 | Report Abuse

Next quarter will set the tune for more upside to come. Any guess on the eps?