Posted by sunshine68 > 2020-11-27 20:26 | Report Abuse

net asset per share is 2.83 , 1.47 still big discount

Posted by aizuddin666 > 2020-11-30 10:18 | Report Abuse

THIS CAN GO UP TO 1.50 at least by today

Posted by happycool > 2020-12-01 13:49 | Report Abuse

hari boleh tak

Posted by junseah1965 > 2020-12-03 15:21 | Report Abuse

@bclim_83 you sound like you know the counter well. by biz-segment, how are they doing? higher cpo price and rupiah strengthening is good for them, but not sure if they have fruits? other plantations ioi klk felda also less fruits, no workers.

Posted by junseah1965 > 2020-12-03 15:34 | Report Abuse

if plantation not doing well, should sell to ioi klk felda. plantation biz not easy, not everyone can do. mkh got experienced management for plantation? they should focus on real profitable segment like property development and investment.

Posted by junseah1965 > 2020-12-03 15:36 | Report Abuse

my opinion is in this economy, they should sell off non-profit segment, only keep profitable biz segment. sunway property development and investment doing well. mkh should learn from sunway.

Posted by happycool > 2020-12-04 12:42 | Report Abuse

Hari ini boleh sampai 1.55 ke ?

Posted by smartly > 2020-12-04 12:49 | Report Abuse

boleh ke RM2+.

Posted by smartly > 2020-12-04 12:50 | Report Abuse

ini stock belum jalan lagi. satu kali limit up mesti ada kalau tunggu.

Posted by Daniel Chow > 2020-12-07 11:10 | Report Abuse

Don't be surprised that their Q1 results for period ending 31 Dec 2020 will show Plantation sector surpassing Property sector in terms of quarterly profits. Expect Price/NTA of at least 75% then. Fair price around RM2.13 by end Feb 2021

Posted by 603Malan > 2020-12-15 11:22 | Report Abuse

CPO price high and still no show

Posted by dompeilee > 2020-12-22 09:55 | Report Abuse

dompeilee SOLD 55% of my MKH shares held since early 2018 @ 1.65 ( cost = 1.375 incl commissions) =)
17/12/2019 9:38 AM

Bought back MKH
13/07/2020 3:10 PM

SOLD the MKH today @ 1.36 after buying @ 1.13 in July & securing the dividend =)

Posted by Gan4580 > 2020-12-26 09:20 | Report Abuse

CPO price high
re-enter 24/12, waiting show

Posted by goldeneye > 2020-12-28 10:34 | Report Abuse

CPO on track to post the highest year-end closing in 25 years.

Posted by Mudahtrader > 2020-12-29 11:42 | Report Abuse

Ini kali lah.

Posted by goldeneye > 2021-01-07 13:36 | Report Abuse

https://www.thesundaily.my/business/plantation-related-stocks-expected-to-remain-in-limelight-this-year-says-rakuten-trade-CJ5931026

Posted by goldeneye > 2021-01-08 14:04 | Report Abuse

https://focusmalaysia.my/mainstream/plantation-experts-predicts-a-better-outlook-for-palm-oil-in-2021/?fbclid=IwAR00v9DzbZ09y53WUUaXhaut95Z_sR1zy_VVSwWBmGhtA3cI7-62eua5wvA

Posted by goldeneye > 2021-01-11 16:52 | Report Abuse

Plantation counters on uptrend

Posted by bernardlai > 2021-01-22 12:48 | Report Abuse

my friend forward email on mkh covid19, can see their hr weak and confuse staff, they know got covid19 cases but don't get detail, hr keep changing story. anyone know if true their property management got covid19?

Posted by goldeneye2021 > 2021-01-27 14:55 | Report Abuse

SOLD @ 1.36 after securing dividend =)
BUY back today @ 1.25 =)
Plantation counters on uptrend =)

Posted by bclim_83 > 2021-02-04 09:35 | Report Abuse

Over 16k hectare of plantation landbank in Indonesia at prime age of 9 to 12 years old. Rupiah has strengthened from 1 usd: 14900 rupiah in last quarter to current 1 usd : 14000 rupiah. CPO is above rm 3000. Unbilled sale is at rm 1.02 billion. Expect a much better coming quarters

Posted by bclim_83 > 2021-02-04 09:36 | Report Abuse

ICAP, Neoh Choo Ee and co, Lee See Jin (?NTPM boss) are its shareholders

Posted by Najmuddin1955 > 2021-02-19 16:31 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/02/19/slick-year-for-cpo

Posted by Najmuddin1955 > 2021-02-19 16:31 | Report Abuse

https://www.thestar.com.my/tag/plantations

Posted by Najmuddin1955 > 2021-02-19 16:32 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/02/19/outlook-for-klk-remains-promising

Posted by Najmuddin1955 > 2021-02-19 16:34 | Report Abuse

From The Star, looks like all plantation counters are looking good for future. Anyone knows how was MKH plantation's Q1 production?

Posted by Najmuddin1955 > 2021-02-19 16:44 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3125210

Posted by Najmuddin1955 > 2021-02-19 16:47 | Report Abuse

I just read MKH's Bursa_Part 1. With their plantation performance, MKH should divest its slow properties and buy more plantations. Since they are good in managing plantations. Or they should setup MKH technical schools to train new planters.

Posted by BehKLK > 2021-02-23 11:37 | Report Abuse

I am in the palm oil industry. I have been collecting MKH shares for 7 years. They do manage their plantation very well. What I want to know is the age profile of the management team handling their plantation for the last 7 years? I see from directors profile Chen Ngi Chong, Chen Lok Loi and Chen Fook Wah are all in 65-80 years bracket. If no young blood, they cannot sustain themselves.

Posted by Najmuddin1955 > 2021-02-23 11:53 | Report Abuse

Beh, what you mentioned are the Chen directors. You can go to their site to look at real key management. https://mkhberhad.com/key-management-profile/ Except for the Chen children, the real management team is in 40s and 50s and very experienced.

Posted by BehKLK > 2021-02-23 12:16 | Report Abuse

Dato’ Chong Yong Han
Property Director

Malaysian, Male, Aged 49

He was appointed as a Property Manager in Property Development Department of MKH Berhad and was later promoted to General Manager of Property Department in December 2002, Group Senior General Manager in April 2007 and Property Director in March 2013.

He graduated from Lincoln University, New Zealand with Bachelor of Commerce (Valuation and Property Management) in year 1994 and obtained his MBA (Real Estate) in year 2000 from University of Western Sydney, Australia.

He has more than 19 years of experience in property development and construction related businesses. He specializes in development planning and marketing.

Posted by BehKLK > 2021-02-23 12:16 | Report Abuse

Dato’ Chen Way Kian
Deputy Property Director

Malaysian, Male, Aged 36

He holds a Bachelor of Business from University of Technology, Sydney. He joined MKH Berhad in 2005 and has been appointed as the Deputy Property Director of MKH Berhad on March 2015. Prior to his appointment to the present position, he was Special Assistant to the Group Executive Chairman since 2011. He has been in the property development and agricultural sectors for more than 13 years.

He is the son of Tan Sri Dato’ Chen Kooi Chiew @ Cheng Ngi Chong and the nephew of Tan Sri Datuk Chen Lok Loi and Datuk Chen Fook Wah who are members of the Board of the Company.

Posted by BehKLK > 2021-02-23 12:17 | Report Abuse

Dato’ Lee Khee Meng
Plantation Director

Malaysian, Male, Aged 42

He holds a Bachelor of Science (Honours) in Economics and Management from University of London, UK. He had further undertaken Certified Credit Professional examinations from the Institute of Bankers Malaysia.

Having started his career as a corporate banker in Malaysia, he moved on to management roles in other industries, with exposure in Southeast Asia and Europe. In 2011, he began his career with MKH Berhad and currently heads the Group's agriculture division.

He is passionate about sustainable palm oil practises and has been an international delegate at Indonesia Palm Oil Conferences since 2012. He has been regularly invited by authorities and industry players to share his views on policies, initiatives, and innovative practices relevant to the oil palm industry.

Posted by BehKLK > 2021-02-23 12:17 | Report Abuse

Ms. Kok Siew Yin
Chief Financial Officer

Malaysian, Female, Aged 48

She is a fellow member of the Association of Chartered Certified Accountants (FCCA) and a member of the Malaysian Institute of Accountants (MIA).

She is the Chief Financial Officer for MKH Berhad group of companies. She has more than 16 years of audit experience in property development, construction, hotels, retail, manufacturing and timber plantation industry. She was also involved in corporate advisory and has experience in financial valuation and financial due diligence for companies. She joined MKH Group in 2004 as a Corporate Finance Manager and was promoted to Financial Controller in 2008 and Chief Financial Officer in 2015.

Posted by BehKLK > 2021-02-23 12:17 | Report Abuse

Mr. Tan Wan San
Chief Treasury Officer / Group Company Secretary

Malaysian, Male, Aged 52

He is the Chief Treasury Officer and Group Company Secretary for MKH Berhad group of companies. Prior to joining MKH Berhad Group in 1996, he was with a bank. He graduated from Universiti Utara Malaysia with a Bachelor Degree in Accountancy (Honours) and is a Chartered Accountant registered with the Malaysian Institute of Accountants and is a member of Certified Practising Accountant (“CPA”), Australia. He was promoted to Chief Treasury Officer in 2015.

He has more than 27 years of senior-level management experience in company secretarial, legal and treasury matters.

Posted by BehKLK > 2021-02-23 12:18 | Report Abuse

En. Ahmad Yani Sulaiman
General Manager

Malaysian, Male, Aged 54

He was appointed as a Senior Manager in Property Development Department of MKH Berhad in 2007 and was promoted to General Manager in 2016.

He started his career as an auditor in 1991 upon graduating from ITM in Accounting Studies.

In 2001, he joined a property developer and was overseeing the Sales and Marketing portfolio and was later redesignated to be a Project Manager overseeing property development.

Posted by BehKLK > 2021-02-23 12:47 | Report Abuse

I researched more info on the management and they are quite an impressive team. Can buy another few lots at 1.31 today. They should promote their younger management team to market to get more people to support the share. While researching, the clutter online is always self PR on the older Chen directors.

Posted by bclim_83 > 2021-02-26 18:23 | Report Abuse

Great result with 3cent dividend. Next quarter CPO was traded above rm 3500. Hopefully can achieve better performance in next quarter

Posted by K.H > 2021-03-01 16:52 | Report Abuse

趁迁都之势 美景深耕印尼见成果 | https://www.klsescreener.com/v2/news/view/796583

Posted by bclim_83 > 2021-03-02 08:07 | Report Abuse

The value of its plantation alone is at least rm 1 billion, which is much much higher than the company's current market valuation.

Posted by CatchThe Bull > 2021-03-02 15:00 | Report Abuse

Dividend 0.03 already distributed on 8th Jan.

Posted by waimun > 2021-03-03 18:26 | Report Abuse

有人看会议转播吗？物业总监对行业前景看起来很茫然。种植园主任对他的种植园充满信心，并有很好的表现。一个让我想卖掉我的股票，另一个让我想买更多。头痛。

Posted by MM78 > 2021-03-04 08:36 | Report Abuse

I attended the AGM Zoom session. Not impressed by the reports on the property division progress. Could not help the presentation is brushing on the surface and was surprised by and don’t like the internal dealing of the director bought a piece of land from the company , even though on the surface at above its valuations. To me this can be avoided so as not to add second guessing. Another concerns is it is shifting the unsold properties inventory( car park units) into become property investment division which gives miserable return currently. Again it is a red flag to me. Though the AGM presentation indicate many future launching plans, I have questions what would be the take up rates. Another potential shifting of future unsold units into the investment property division ?
The Plantation division performance is good given its average CPO cost about RM 1500 per ton plus the fact there is no Covid 19 cases among the estate workers.

Posted by hopetobecorrect > 2021-03-04 09:39 | Report Abuse

@MM78,
can you share the details on the value of the land transacted?

1. something is not so right with MKH. CPO prices had been up for quite some time but not reflected in the share prices.

2. understand property sectors is not so good now but MKH had unbilled sales for 2 years. still, no funds interested except public mutual

3. the transfer of car park is not a big issue as i believe the value is not much.

4. i don't think MKH will transfer unsold properties to investment division

Posted by MM78 > 2021-03-04 11:43 | Report Abuse

@hopetocorrect

The values is stated as per presentation at RM 3.6 millions.
Please also see MKH annual report FY20 , page 187 .

Posted by hopetobecorrect > 2021-03-04 15:29 | Report Abuse

@MM78

thank you

Posted by JLau81 > 2021-03-05 11:00 | Report Abuse

@MM78

- was surprised by and don’t like the internal dealing of the director bought a piece of land from the company
(RED FLAG?)

- shifting the unsold properties inventory( car park units) into become property investment division which gives miserable return currently
(PROPERTY INVESTMENT IS HEADED BY DATO BEN CHEN. MAYBE COMPANY BUILDING UP HIS POWER TO TAKE OVER FROM DATO CHONG.)

- the AGM presentation indicate many future launching plans, I have questions what would be the take up rates. Another potential shifting of future unsold units into the investment property division ?
(OTHER PROPERTY COMPANIES' ANNOUNCEMENT SHOWED THEY WERE DOING BETTER. HOW COME MKH STILL SO SLOW? I ASKED MANY QUESTIONS BUT COSEC DIDN'T POST MY QUESTIONS. DATO CHONG SHOULD CLARIFY HOW THEY HANDLED THE PROPERTY SECTOR SO BADLY AND HOW TO IMPROVE. DATO BEN CHEN SHOULD TAKE OVER.)

- The Plantation division performance is good given its average CPO cost about RM 1500 per ton plus the fact there is no Covid 19 cases among the estate workers.
(OTHER PLANTATION COMPANIES' ANNOUNCEMENTS SHOWED SERIOUS PROBLEMS AND INCREASING COST. I ASKED MANY QUESTIONS BUT COSEC DIDN'T POST MY QUESTIONS. DATO LEE SHOULD CLARIFY HOW THEY HANDLE THE PLANTATION SECTOR. IF REAL GOOD PLANTATION RESULTS, MKH SHOULD PROMOTE THEIR EFFORTS FOR SHARE UP-SWING.)

Posted by JLau81 > 2021-03-05 11:05 | Report Abuse

@HOPETOBECORRECT

1. something is not so right with MKH. CPO prices had been up for quite some time but not reflected in the share prices.
(AGREED. CPO PRICE UP, MKH PLANTATION RESULTS SO GOOD, HOW COME SHARE STILL LOW? THEY SHOULD PUT MORE PROMOTIONAL NEWS ON PLANTATION FOR SHARE UP-SWING.)

2. understand property sectors is not so good now but MKH had unbilled sales for 2 years. still, no funds interested except public mutual
(OTHER PROPERTY COMPANIES' ANNOUNCEMENT SHOWED THEY WERE DOING BETTER. HOW COME MKH STILL SO SLOW? I ASKED MANY QUESTIONS BUT COSEC DIDN'T POST MY QUESTIONS.)

Posted by JLau81 > 2021-03-05 11:06 | Report Abuse

@WAIMUN

有人看会议转播吗？物业总监对行业前景看起来很茫然。种植园主任对他的种植园充满信心，并有很好的表现。一个让我想卖掉我的股票，另一个让我想买更多。头痛。
(SAME HEADACHE.)

Posted by hopetobecorrect > 2021-03-05 18:32 | Report Abuse

no wonder share price cannot go up

1. no big funds interested with mgmt transparency.
2. mgmt no respect minority / small shareholders based on Jlau81. attitude like that, no wonder the price is so much discounted from its NTA