MKH BERHAD

KLSE (MYR): MKH (6114)

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Last Price

1.35

Today's Change

-0.05 (3.57%)

Day's Change

1.35 - 1.39

Trading Volume

168,800

Overview

Market Cap

792 Million

NOSH

587 Million

Avg Volume (4 weeks)

396,629

4 Weeks Range

1.32 - 1.43

4 Weeks Price Volatility (%)

27.27%

52 Weeks Range

1.19 - 1.49

52 Weeks Price Volatility (%)

53.33%

Previous Close

1.40

Open

1.38

Bid

1.35 x 79,000

Ask

1.37 x 29,000

Day's Range

1.35 - 1.39

Trading Volume

168,800

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2023 [#1] | 28-Feb-2024

Next QR | Est. Ann. Date

31-Mar-2024 | 29-May-2024

T4Q P/E | EY

8.89 | 11.25%

T4Q DY | Payout %

2.92% | 25.94%

T4Q NAPS | P/NAPS

3.19 | 0.42

T4Q NP Margin | ROE

8.76% | 4.76%

Market Buzz
Company Profile

Sector: PROPERTY

Sector: PROPERTY

Subsector: PROPERTY

Subsector: PROPERTY

Description:

MKH Bhd is engaged in property development, building and civil works contracting. The company is also engaged in hotel business, property investment and management, furniture manufacturing, and oil palm cultivation. The group?s principal business segments comprise of Property Development and Construction; Plantation; Hotel and Property Investment; and Others. The company?s geographical presence is across Malaysia; The Peoples? Republic of China and Republic of Indonesia. It generates most of its geographical revenues through the Republic of Indonesia.

Discussions
14 people like this. Showing 50 of 4,864 comments

gooman

China’s property crisis deepens as developer Country Garden at risk of default
Evergrande has filed for bankruptcy protection and firms covering 40% of Chinese home sales have defaulted

2023-08-18 21:34

speakup

We are Casino De Bursa. Global crash has no effect on our casino

2023-08-18 22:02

smartly

speakup

https://themalaysianreserve.com/2023/03/29/mkh-to-list-palm-oil-unit-on-bursa-malaysia-main-market/
MKHOP will be listed at rm1.21
meaning the property biz only worth 8 sen (based on today closing price) !
market is putting almost 0 value to their land bank & buildings!
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not so straight forward la, need to factor the ratio 1:7 for the dividend-in-specie distribution

2023-08-19 12:33

Dehcomic01

The market is very negative towards the property counters with many trading below its book value. So you should not be surprised by MKH price

2023-08-19 12:38

speakup

I tot buy Mkh get free Mkhop shares and price adjustment to Mkh shares. No?

2023-08-19 12:38

smartly

correct but not direct deduct 1.29 - 1.21 = 8sen like that loh. it can't be 8sen for MKH after price adjustment right ? subject to the ratio of 1:7 once is is finalized.

2023-08-19 13:28

speakup

So 7 Mkh shares get 1 Mkhop share?

2023-08-19 14:08

smartly

yes. if the proposal approved.

2023-08-19 22:29

smartly

by then you will be able to calculate the adjusted price for mkh

2023-08-19 22:30

stockraider

U can see, if u invest into Plantations it is like u r investing into past, present & future wealth all in one mah!

Past wealth
1. Suppose u buy into a plantation co with net cash per share at a price of rm 0.70 and this co has an nta of rm 1.20.....u r already benefiting from the past wealth by buying at a good discount loh!

2. Present wealth
Right now u are benefiting from its earnings of 6 sen per share and the div of 3 sen pa....thus giving u a decent earnings & dividend yield while u wait loh!
In addition....should the plantation co revalue its plantation currently....its nta could have been as high as Rm 1.80 giving u another potential higher margin of safety loh!

3. Future wealth.
Going fwd with continue development, economic growth, inflation and the company ability to grow its profit after deducting dividend payout......the future wealth of the co should grow every year......say in 7 yr time.....its value should be able to double loh!
Thus the plantation co u r holding with NAV of Rm 1.80......would have appreciated to Rm 3.60 NAV loh!

That how u invest in plantation....u buy 70 sen at a discount.............u get future wealth of rm 3.60 in 7 yrs time loh!

Very safe & steady investment strategy mah!

2023-08-20 11:42

monetary

1 ipo 1.21 to 7 shares. meaning plantation is worth 17.3 sen currently. current share price 1.4 minus 17.3 sen is 1.22

2023-08-31 12:25

monetary

they will take the vwap price.

2023-08-31 12:28

smartly

the proposed IPO price not fixed yet but you can take estimate price of 1.21 as this is the price offered to vendors.

2023-08-31 12:54

smartly

once the ipo price is determined, then you can know the adjusted price already

2023-08-31 12:55

speakup

Before Mkhop was announced, Mkh was less than 1.25

2023-08-31 13:04

Dehcomic01

Plantations saved MKH.

Many know MKH as a property developer. But the Malaysia property sector had been so over the past 6 to 8 years. Fortunately for MKH it ventured into oil palm plantations in mid 2000s.

If you look at the chart (refer to https://i.postimg.cc/vZWWskv4/MKH-EBIT.png) you can see that while the EBIT contribution from the property development segment had been declining since 2016, that from the plantation segment had been growing. In 2022, the plantation segment accounted for about half of MKH’s EBIT.

So, what does it mean for an investor?
• When the property sector recovers, we can expect better overall profit.
• Property and oil palm sectors are cyclical but they are affected by different factors. So MKH performance will be less cyclical.

For more insights into the Bursa plantation sector, refer to https://www.youtube.com/watch?v=9KhboTCMdEg

2023-09-17 08:56

Nepo

The estates’ strategic positioning within a 100-kilometre radius of Nusantara, the new capital city of Indonesia, places MKHOP in an advantageous position to leverage on the future capital city’s growth. The group is poised to benefit from the economic transformation of East Kalimantan, driven by the development of Nusantara," Chen said in a statement.

2023-11-29 05:33

Nepo

Based on an indicative IPO price of 60 sen per share (final IPO price to be determined at a later stage), MKHOP aims to raise RM132 million from the public issue, while the offer for sale will raise RM18.4 million, bringing the total fundraising exercise to RM150.4 million.

2023-11-29 05:36

speakup

Bila MKHOP ipo?

2024-01-01 22:10

Nepo

Not announced yet

2024-01-08 07:31

speakup

before plan to list MKHOP, MKH was only 1.20

2024-01-08 07:51

calvintaneng

MKH OIL PALM SO SO

PALM OIL COMPANY PROFITS IN YEAR 2019 VERSUS NOW IN 2024 (After 4 to 5 Years Show Excellent Growth, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-01-08-story-h-210649988-PALM_OIL_COMPANY_PROFITS_IN_YEAR_2019_VERSUS_NOW_IN_2024_After_4_to_5_Y


Tsh Resources Versus Mkh Palm oil

Tsh is 98 sen Mkh palm oil Ipo is 62 sen

Mkh Palm oil has 45,000 acres palm oil in Ikn Nusantara

Tsh Resources has about 150,000 to 200,000 acres remaining palm oil estimates

Out of these 94,700 acres are located near Ikn Nusantara (more than double land size of Mkh palm oil)

Plus Tsh got other palm oil lands in Sabah,Kalimantan and Sumatra

Tsh also got 300,000 acres of forest concession land in Sabah planted with timber

Tsh also taken private Ecowood (just like Klk took ijmplant)

Tsh owns 105 million shares of Innoprise plant
Worth Rm137.5 millions

If Tsh just sell away Inno for Rm137.5 mil cash Tsh will be debt free instantly with more than Rm60 mil surplus cash

Tsh is awaiting Rm273 mil from part two land sold
About 18 sen cash per share

Tsh has a 50/50 Joint Venture Factory with Wilmar in Sabah. Worth Rm100 Millions book value

Tsh also got biogas and bioelectricity
Tsh also got its original Cocoa manufacturing business
Tsh also got its own palm oil nurseries growing the most productive palm oil hybird species

All these are known to Insiders/Directors and totally not reported by Media or Research houses

That is why Directors/Insiders have been buying and holding tightly every precious Tsh shares

Why go for Mkh oil palm Ipo? When you can get the bargain Tsh now at 🔥 fire sale price below Rm1.00??

8 hours ago



xiaoeh

Good sharing Calvin for TSH

8 hours ago


calvintaneng

Tsh 50/50 joint venture in Sabah with Wilmar is a Palm oil Refinery
Making cooking oil and other downstream products for direct export to China and India 2.8 billion ready consumers

Also Tsh has a total of 6 palm oil mills (according to Fgv BOD a palm oil mill today is worth as much as Rm60 million. If 6 then 6 x Rm60 mil = Rm360 mil)

Out of the Rm731.09 mil land sold more than half set aside for replanting, new planting and also possible new biogas mil

All these extra cash set aside will increase the profit in future

So Tsh is on to a new phase of growth while retaining its deep land value assets in ikn nusantara for amplified jump 🦘 in real estate value

Since by this year Tsh going to be debt free and cash rich it will morph into a dividend play like Inno in Malaysia and Bumitama agri/Goldenagri of Spore

As such BOD of Tsh is so confident it has done a dual listing of Tsh shares in Singapore

2024-01-08 08:20

Nepo

园区地理位置优越
MKHOP称得上是我国很早进入印尼市场的外资,随着印尼总统佐科威2019年8月宣布,将首都迁至东加里曼丹被命名为努山达拉(Nusantara)的新首都,而该公司在东加里曼丹的油棕园,恰好坐落在新首都100公里半径范围内,相信这片土地未来会有更多的发展机会。

距离印尼新首都100公里
询及对印尼迁都的期待,曾贵秋直言,公司会紧跟新首都的发展步伐,至于会否寻觅新的土地,他笑而不答,仅分享早前参与新首都建设参访团的见闻,包括总统府在内的建设,都已如火如荼进行中。

“印尼迁都必然会带动当地整体商业活动、发展乃至经济增长,毕竟比起原有的首都雅加达,努山达拉坐落的东加里曼丹土地更为广袤,而整个加里曼丹岛的面积,是大马的1.6倍大。”MKHOP在东加里曼丹的4万5000英亩的园地,地理位置相当优越,他说,从机场就能直达驱车到园区,无需跋山涉水或是转几趟车。

“从吉隆坡前往东加里曼丹,飞行时长大概2小时半至3小时,一下机上到车就能直接抵达园区,非常方便。”

值得一提的是,印尼土地政策和应用具有很大的伸缩性,有利农业土地转型为工业或综合发展用途,以跟上经济发展的变化及需求。随着印尼城市化的进程,人口增长和经济发展蓬勃,对土地需求和用途将产生剧烈变化。

换言之,现在的油棕地段也会随着地方发展需求变化,有望转型成工业和综合发展用途,大大为地价增值带来经济效益。

2024-01-16 08:35

smartly

Distribution of 82,487,981 ordinary shares in MKH Oil Palm (East Kalimantan) Berhad ("MKHOP") ("MKHOP Shares"), representing approximately 10.3% of MKH Berhad's (the "Company" or "MKH") equity interest in MKHOP to the entitled shareholders of the Company by way of dividend-in-specie, on the basis of 1 MKHOP Share for every 7 MKH shares held by the entitled shareholders, on the entitlement date

2 months ago

smartly

Entitlement Type: Dividend In Specie
Entitlement Date and Time: 15/02/2024 05:00 PM
Year Ending/Period Ending/Ended Date: 30/09/2024
EX Date: 14/02/2024

2 months ago

speakup

On Ex date, the Mkh share price will adjust down 62 sen right? I guess this why investors sell on news today

2 months ago

smartly

have they determined the MKHOP's IPO price already ?
let say if IPO priced at = RM1.21
MKH traded at = RM1.47
theoretical ex-price for MKH is around 1.29

2 months ago

speakup

Mkhop IPO price already fix 62¢

2 months ago

smartly

oh i see. ipo = 0.62c
in that case then the theoretical ex-price for MKH is around 1.38 base on 1.47 closing

2 months ago

smartly

Posted by speakup > 1 hour ago | Report Abuse

https://klse.i3investor.com/web/ipo-mkhop
----------------------
can limit up during ipo boh? cause offer price to vendors is at RM1.21 ?

2 months ago

speakup

Still hold

2 months ago

durian_jatuh

today opening=1.37
yesterday close =1.46
mkhop:mkh 1:7
0.09*7=0.63/mkhop?

2 months ago

smartly

mkhop ipo = 0.62c

2 months ago

speakup

mkh still profit for me after ex today

2 months ago

smartly

4sen dividend

1 month ago

speakup

Yes undervalued but nobody wan push

1 month ago

speakup

Push up for me sell.
I'm being honest here

1 month ago

speakup

Mkh cantekkkkkk

1 month ago

speakup

Rebutttttttt

1 month ago

Xcalibre

DON’T ever buy MKH oil palm…
The management is cruel shark who will squeeze you and leave u to bleed to death… DONT TOUCH MKH RELATED STOCKS

4 weeks ago

speakup

Why cannot up one?

4 weeks ago

speakup

Good news but still cannot up

4 weeks ago

smartly

wait for mkhop listing in APR bah

3 weeks ago

Nepo

Finally it starts to break out, congratulation for those who patiently hold it..

2 weeks ago

Sales

Will continue to accumulate TSH instead of MKH

4 days ago

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