kleeLast 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?
Invest_888If 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.
09/04/2024 10:39 PM
Udngu NguBonus issue and declaration of dividend policy will very positively impact on this stock
10/04/2024 8:38 AM
Udngu NguAnd 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.
dragon328Yes there are so many potential corporate exercises that KSL may do to enhance shareholders' values:
1) bonus issues to enlarge share cap base and to increase liquidity 2) private placements to institutional funds to raise cash for future expansion and to increase free floats 3) to issue 5-year warrants like one free warrant for every 2 mother shares held to progressively raise more money over next 5 years and to increase share cap base 4) to inject the hotels and shopping malls into a REIT which may raise easily RM800 million cash to KSL (i.e. PBT of RM120m in 2023 from commercial assets or operating cashflows of over RM130m a year, at 7% yield, the REIT would be worth RM1.86 billion)
5) declare dividends from 2024 onwards, as it has completed all major capex programmes (Klang Explanade Mall & hotels) and strong operating cashflows would enable dividend payouts of easily 30% or 12 sen a year
12/04/2024 11:06 AM
Udngu NguCannot agree more to the above comments of dragon328
After recomendating and actively promoting more than 400% growth stock of YTLP & YTL, I think you might repeat the history on the KSL.
dragon328
Yes there are so many potential corporate exercises that KSL may do to enhance shareholders' values:
1) bonus issues to enlarge share cap base and to increase liquidity 2) private placements to institutional funds to raise cash for future expansion and to increase free floats 3) to issue 5-year warrants like one free warrant for every 2 mother shares held to progressively raise more money over next 5 years and to increase share cap base 4) to inject the hotels and shopping malls into a REIT which may raise easily RM800 million cash to KSL (i.e. PBT of RM120m in 2023 from commercial assets or operating cashflows of over RM130m a year, at 7% yield, the REIT would be worth RM1.86 billion)
5) declare dividends from 2024 onwards, as it has completed all major capex programmes (Klang Explanade Mall & hotels) and strong operating cashflows would enable dividend payouts of easily 30% or 12 sen a year
Hope you can contact the 3 Khoo brother directors and convince them. If they agreed it, RM7 was achievable.
dragon328
Yes there are so many potential corporate exercises that KSL may do to enhance shareholders' values:
1) bonus issues to enlarge share cap base and to increase liquidity 2) private placements to institutional funds to raise cash for future expansion and to increase free floats 3) to issue 5-year warrants like one free warrant for every 2 mother shares held to progressively raise more money over next 5 years and to increase share cap base 4) to inject the hotels and shopping malls into a REIT which may raise easily RM800 million cash to KSL (i.e. PBT of RM120m in 2023 from commercial assets or operating cashflows of over RM130m a year, at 7% yield, the REIT would be worth RM1.86 billion)
5) declare dividends from 2024 onwards, as it has completed all major capex programmes (Klang Explanade Mall & hotels) and strong operating cashflows would enable dividend payouts of easily 30% or 12 sen a year
12/04/2024 5:00 PM
dragon328@Invest_888, I would like to meet the Khoo/Ku brothers/directors if they are willing to receive me. Even without doing so, I believe the KSL major shareholders and management know what to do best for the shareholders as it will be in their own interests too.
12/04/2024 5:14 PM
dragon328I think as the major shareholders are also the top management, the management style is naturally more conservative and the management is not bothered much with share price fluctuations. Unlike those companies which are run by professionals employed from outside and the CEO's remuneration is linked to the share price performance, KSL is run by the major shareholders so they are in for the long term gains of the company.
Though they are not bothered much with short term share price fluctuations, but it is always important to maintain the company share price at a healthy level, because after all the whole purpose of doing the listing is to raise money for the company, hence if the share price remains depressed, it defeats the purpose of listing.
I think it still makes sense for KSL to remain listed as the company will still need to raise fresh funds for future land acquisition or new commercial projects.
What I have proposed above will be good for the long term gains of the company as well as short term share price appreciation, so I hope the KSL management will consider them.
@Invest_888, I would like to meet the Khoo/Ku brothers/directors if they are willing to receive me. Even without doing so, I believe the KSL major shareholders and management know what to do best for the shareholders as it will be in their own interests too.
17 minutes ago
DRAGON, PLEASE UPDATE THE GOOD NEWS IF YOU MANAGE TO MEET KHOO/KU BROTHERS.
12/04/2024 5:34 PM
Udngu NguWe are all behind you Dragon for our common goals
12/04/2024 6:43 PM
SsleeDate Type Designation Name View 01-Jan-2024 APPOINTMENT Executive Director MISS KU EK MEI View Detail 01-Jan-2024 APPOINTMENT Executive Director MISS KHOO LEE FENG View Detail
Very interest to know how much KSL will paid the two newly appointed executive director? Meanwhile shareholders are still hoping to get somethings like "potential corporate exercises that KSL may do to enhance shareholders' values"
KSL is very lucky to be in the nice/hot spot of Johor property play.
KSL Holdings may trend higher after it surged to a new multi-year high and closed above the RM1.64 resistance a few sessions ago. In view that the 21-day EMA will likely begin turning upwards, this also suggests a likelihood of increased demand in the near term. A bullish bias may emerge above the RM1.64 level with stop-loss set at RM1.55, below the 20-day EMA. Towards the upside, near-term resistance level is seen at RM1.90, followed by RM2.00.
Entry : RM1.64–1.76
Target : RM1.90, RM2.00
Exit : RM1.55
Source: AmInvest Research - 12 Apr 2024
12/04/2024 10:24 PM
pang72Cheap tickets at 1.76 today.. Your golden opportunity to participate in this johor property boom.... I afraid it is last chance
mkt reaction yesterday n today will force me to panic sell, at least 1/2 on defensive. the quantum of dropping is big n scary. if u don't sell, the big boys will.
Stocks that r showing DC on daily macd n or with daily RSI14 < 47% = have to go 1st at the soonest possible n think later. nobody knows how low it would go down to. usually the mkt sentiment can return with the macd GC pt. n that could take 2 to 6 long weeks perhaps. we can always buy back to fight again of course. ++++++++++++++++++++++++++++++
PROPERTY.THEME.PLAY on 2nd Round, looks like edi hit the max. the trend would bend n turn down. all caused by i.ran.war on yahudi.
pang72Johor property leader switching from spsetia to KSL!!! Be informed
17/04/2024 3:29 PM
pang72Shld rephrase to KSL as leader chief Spsetia as chief comandor
17/04/2024 5:51 PM
yewyin33What can KSL do to benefit shareholders? 1 Since the company is so cash rich to buy land from S P Setia for Rm 228.8 million, the company must give out more dividend.
2 Since its NTA is Rm 3.65 per share and its share price is Rm 1.72, the best business KSL can do is to buy back its own shares. It can make more than 100% profit instantly without any risk. This is the safest and fastest way to make profit.
3 Obviously, some of the company directors are not efficient. They should be replaced. Koon Yew Yin
18/04/2024 11:32 AM
Invest_888The 3 brother directors are efficient that buying a lot of JB lands and make more than RM400 Million per year but never share the dividends with minority shareholder(ikan bilis) since year 2015. Hope got good news that the directors will pay the dividend to the ikan bilis. My brother bought it in 2015 and keep until now. Hope no more keep in view, KIV for the dividend.
18/04/2024 4:05 PM
lcng123I hold KSL even longer since 2013 once upon a time KSL share price stood at 4.98 before bonus issued.
19/04/2024 12:09 PM
MG9231@Icng123 around 2013 share price above $2.20 less Dividend , around $2.05-$2.1 ?
