Highlights
KLSE: KSL (5038)       KSL HOLDINGS BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
1.65   -0.14 (7.82%)  1.64 - 1.79  6,741,100
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  21 people like this.
 
pang72 Thanks dragon supported data with FCF..
Ksl balance sheet is way too good to believe...
I am a little bit doubt because the share price is not reflected the truth value.. Too undervalue. I am not sure what went wrong. Perhaps, some said without dividend policy so less attractive.

However, KSL continue demonstrated the good earning untill market has no choice to push its up because EUPE or CHGP which are smaller scale firm has push up to crazy PE.
07/04/2024 10:57 PM
pang72 I will foresee the undervalue KSL share price will not last long..
Some people has rushing in to grab the shares last week..
It shld continue the uptrend...
07/04/2024 11:00 PM
dragon328 I think one of the reasons why KSL share price has been depressed is that the company has not declared any dividend since 2015, though it made hundreds of millions of ringgit in profits.

You see other property developers do pay out dividends consistently though the dividend yields are low at 1% to max 5%.

That's the reason why the cash balance in KSL has ballooned to over RM500 million with little debts. I think the company did not pay out dividend in 2016-2019 as it prepared to buy over the large piece of land in Klang to branch out from Johor, and to prepare necessary cash to launch the property project in Klang township (initial development costs likeland cost and infra costs might have amounted to over RM100m or so) and to build the Klang Esplanade shopping mall and hotels there.

Now with all this major capex already done and shopping mall & hotels all performing well (note that its shopping malls and hotels in JB and Klang generated about RM120 million pretax profit in 2023), I reckon that KSL may not need to preserve so much cash in the balance sheet, unless it has identified another piece of land for new projects.

I predict that KSL may be willing to declare maiden dividends in 2024 as it has excess cash and strong operating cashflows to support a dividend policy of easily 30%.
08/04/2024 9:01 AM
Eggplant @hhhiii123. It does go down today, ha. But it won't crash or limit down

hhhiii123

tomorrow crash lol

https://www.chinapress.com.my/20240407/%e5%85%a5%e4%bd%8f%e6%96%b0%e5%b1%b1%e9%85%92%e5%ba%97-%e7%8b%ae%e5%9f%8e%e5%a4%ab%e5%a6%87%e8%bd%a6%e9%81%ad%e7%88%86%e7%aa%83-%e7%8e%b0%e9%87%91%e7%89%a9%e5%93%81%e5%85%a8%e6%b2%a1%e4%ba%86/

15 hours ago
08/04/2024 11:25 AM
dragon328 It is only natural for it to have some profit taking after a strong 2-day rally. It provides a good chance to those who missed out earlier to gain entry and for me to accumulate more at lower prices.
08/04/2024 12:30 PM
pang72 Yes! Add more
08/04/2024 2:34 PM
pang72 1.79 uncle YY mari
08/04/2024 4:26 PM
pang72 One day correction end..
Fly lo
08/04/2024 4:27 PM
ConstructionMinion I think this is the next data centre counter. many land in ulu tiram
08/04/2024 4:30 PM
pang72 .... Good...
08/04/2024 4:37 PM
klee Last 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?
08/04/2024 9:05 PM
klee Extremely likely.
08/04/2024 9:05 PM
pang72 Of course possible...
Uncle YY looks like will become very RICH and get back all his money losing in DAYANG, JAKS then..
09/04/2024 12:12 AM
K.H 柔佛产业热潮机遇探索2公司布局及行动
https://9shares.my/%E7%99%BD%E9%87%91%E3%80%88%E4%B9%9D%E7%82%B9%E5%AD%90%E5%BC%B9%E7%AC%94%E8%AE%B0%E3%80%89%E2%94%80%E6%9F%94%E4%BD%9B%E4%BA%A7%E4%B8%9A%E7%83%AD%E6%BD%AE%E6%9C%BA%E9%81%87%E6%8E%A2%E7%B4%A22%E5%85%AC/
09/04/2024 12:54 AM
pang72 ...... 白金〈九点子弹笔记〉─柔佛产业热潮机遇探索2公司布局及行动
07/04/2024
柔佛州房地产开始掀起热潮,发展商涌进,土地交易此起彼落,新发展计划排队推介。

数据中心,大型基建计划带动,新元汇率因素,多重利好符合天时地利人和条件;柔佛概念产业股自去年开始大涨。

多家柔佛产业股翻了一倍或以上,热潮似乎方兴未艾,现在还适合投资柔佛概念股吗?

市场永远有机会,顺利实业(KSL),吉星机构(CRESNDO)沉闷多年,时机到来一举爆发,只有少数有超级耐心的投资者能等到今天。
09/04/2024 10:27 AM
Invest_888 If 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 Ngu Bonus issue and declaration of dividend policy will very positively impact on this stock
10/04/2024 8:38 AM
Udngu Ngu And 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.
12/04/2024 9:26 AM
Invest_888 KSL starts to move up again.
12/04/2024 10:00 AM
IamBen10 Huhu... 🚀
12/04/2024 10:05 AM
lcng123 Another goreng coming up...
12/04/2024 10:06 AM
troy88 Very bullish. Should surpass RM2 soon..
12/04/2024 10:07 AM
IamBen10 KSL and SP SETIA is joining F1 race...
12/04/2024 10:07 AM
scchin58 No dividen. Bonus 4 for 1 possible.Number of shares ballon to 5.15b,market cap may reach 6b.Separate listing for REIT
12/04/2024 10:23 AM
scchin58 Balloon
12/04/2024 10:26 AM
Udngu Ngu Good for the founding members to be in the Billion Dollar Club and good for the shareholders to enjoy capital gains
12/04/2024 10:32 AM
klee 1 for 1 bonus with 1 free warrant :)
12/04/2024 10:37 AM
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 11:06 AM
Udngu Ngu Cannot agree more to the above comments of dragon328
12/04/2024 11:13 AM
pang72 Always support dragon..
Fully agreed
12/04/2024 12:03 PM
Eggplant Hopefully KSL will give dividends this year ..
12/04/2024 12:47 PM
pang72 Finally 古路 back to make uncle YY become richest man in malaysia...
Support:)
12/04/2024 1:50 PM
edcheong Thank you KYY. You are a sage.
12/04/2024 2:51 PM
skyjet Bought KSL at 1.84
12/04/2024 4:20 PM
Invest_888 @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
12/04/2024 4:26 PM
stkoay 💪💪💪
12/04/2024 4:55 PM
stkoay This one, one great run in 10 years.
The previous big run was in 2014.....from below 2 to 4.96 within few months.
12/04/2024 4:56 PM
Invest_888 Dear Mr Dragon328:

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
dragon328 I 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.
12/04/2024 5:22 PM
pang72 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.

17 minutes ago

DRAGON,
PLEASE UPDATE THE GOOD NEWS IF YOU MANAGE TO MEET KHOO/KU BROTHERS.
12/04/2024 5:34 PM
Udngu Ngu We are all behind you Dragon for our common goals
12/04/2024 6:43 PM
Sslee Date
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.
12/04/2024 7:02 PM
pang72 Stock on Radar - KSL Holdings

AmInvest
Publish date: Fri, 12 Apr 2024, 10:43 AM


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
VincentTang Bought KSL at 1.77
15/04/2024 2:54 PM
pang72 Cheap tickets at 1.76 today..
Your golden opportunity to participate in this johor property boom....
I afraid it is last chance
15/04/2024 3:35 PM
pang72 $2 mari by friday
15/04/2024 3:35 PM
pang72 1.81 lo...
Cheap bargain price is over
15/04/2024 4:32 PM
Eggplant Can buy when it pullbacks
15/04/2024 5:47 PM
IamBen10 🩸♦️🔴⭕⭕⭕⭕⭕
16/04/2024 4:09 PM


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