Posted by TKSB > 2014-03-22 18:02 | Report Abuse

Depends on how you do your valuation on Kulim. Without any corporate exercise or dividends, NTA should be around 3.30. So, it is fairly valued with a 10% upside potential for Johor Corp as its major shareholder. PE wise it is easily more than 20 times currently.

Posted by Up_down > 2014-03-22 18:07 | Report Abuse

乾旱導致棕果減產‧棕油價4月或攀3千
Sat, 22 Mar 2014
（吉隆坡21日訊）消息指出，大馬長達兩個月的干旱氣候令棕果產量大減，導致棕油提煉商減產，部份提煉廠甚至只運作一半產能。

加工棕油產品如精制軟棕油和精制硬棕油的產出減少，可能導致供應緊縮，影響印度、中國和歐洲買家。

一名交易商表示，目前沒有一家提煉廠是全面產能運作。這位交易商在柔佛擁有一家每日產能2千公噸的提煉廠，佔全國棕油產量的五分之一。

“即使你願意付出更高價格，也無法獲得原棕油。”

由於庫存降低，大馬3個月期原棕油期貨在2月份上漲近10%，並於3月11日衝上每公噸2千916令吉的18個月新高水平。

知名分析員米斯特里（Dorab Mistry）早前表示，如果厄爾尼諾氣候模式重現，棕油價格可能在4月份抵達3千令吉。

一名以吉隆坡為基地的交易商指出，供應極為緊縮，他在巴西古當的兩間廠，每日產能共2千公噸，最快可能在下週初暫停營運。

一家期貨經紀行的交易商指出，一些提煉商正考慮關廠，因無法獲得充足原料，到時市場供應將會緊縮。

豐益國際（Wilmar）相關提煉公司的一名員工指出，如果繼續供應短缺，其中一間廠將於3月杪停工。

他表示，短期內原棕油確實供應不足，其提煉廠自2月起便只運作55%產能。

印尼一家首要提煉廠的員工指出，印尼將於4月份起進入旱季，產量將降低。同時非法燒芭造成的煙霾和乾旱也令收成延後。

上週大馬大部份地區降雨，將可消彌干旱對收成的破壞，但種植公司表示，3月份的棕果產量仍受月初的干旱所打擊。

今年首兩個月半的大馬降雨量僅60至70毫米，相比往常為350至400毫米。

不過，大馬棕油提煉商協會首席執行員莫哈末嘉化阿末表示，這不會形成災難，除非關廠超過一個月，但這是不可能的。由於關廠會帶來重大成本，因此不可能完全停產。（ 星洲日報／財經）

Posted by Up_down > 2014-03-22 18:17 | Report Abuse

The share price of plantation company is relied heavily on CPO prices movements. Corporate development or dividend are secondary issues. You can make money by buying any plantation counters when the CPO price break 3000 level.

Posted by TKSB > 2014-03-22 20:17 | Report Abuse

This is already not valid merely looking at kulim share price. Furthermore cpo price increase is a push factor by weather issue which means production reduce will offset certain surplus of price increase. Not forgetting biofuel will not be feasible at Rm3000 per tonne. I also vested in plantation company, just that we need to have our valuation clear rather that follow issulionary "trend"

Posted by Minami Hagiwara > 2014-03-22 20:45 | Report Abuse

EPF, Johor Corp. everyday acquired, disposed.They are playing games. Just enjoy their performance. other counters like Bursa, Digi, Maxis . Same pattern. Holland is around.

Posted by Minami Hagiwara > 2014-03-24 10:33 | Report Abuse

game over ?

Posted by Minami Hagiwara > 2014-03-24 17:11 | Report Abuse

Kulim, if buy again will get trap again. No one will believe you.

Posted by LuvLuv > 2014-03-03 17:26 | Report Abuse

Dear up_down, I have following your postings one by one too other than Icon8888,cytew,leeyh,otb and sephiroth and i found you are also good in giving fair comments and analysis.

Ivory,Kulim,Innoprise etc.

Appreciate your sharings it has benefited me a lot.

Posted by alex2012 > 2014-03-27 16:02 | Report Abuse

look at buy q, big investor is coming back...

Posted by Minami Hagiwara > 2014-03-27 17:09 | Report Abuse

Vol. big price down. What is the meaning. This counter & Bursa everyday RED. I am very sick of having these counters.

Posted by Minami Hagiwara > 2014-03-28 10:55 | Report Abuse

Always trap people. Bursa & you. Abang, adik.

Posted by Minami Hagiwara > 2014-03-31 20:24 | Report Abuse

What is the bottom of this rubbish.

Posted by LATO' SELI > 2014-04-01 12:07 | Report Abuse

I think this guy mabuk ni

Posted by LATO' SELI > 2014-04-01 12:07 | Report Abuse

Mcm orang tak siuman cara dia comment

Posted by Minami Hagiwara > 2014-04-07 12:43 | Report Abuse

How much you know abouy Kulim ?

Posted by Minami Hagiwara > 2014-04-07 13:09 | Report Abuse

Buy 3.53, now 3.41. repeated many times.

Posted by alex2012 > 2014-04-07 14:44 | Report Abuse

Minami, you bought kulim this morning?

Posted by Minami Hagiwara > 2014-04-07 15:12 | Report Abuse

I bought much more higher long time ago and very disappointed with this counter.

Posted by Minami Hagiwara > 2014-04-07 16:31 | Report Abuse

Very rubbish counter. Every day epf dispose. self trading. who is buying ? main-main.

Posted by Minami Hagiwara > 2014-04-07 20:19 | Report Abuse

But finally will go up. For sure.

Posted by Minami Hagiwara > 2014-04-10 09:32 | Report Abuse

I sold all the kulim. I think it will go up soon.

Posted by alex2012 > 2014-04-10 10:02 | Report Abuse

why you sell?

Posted by Beginner1989 > 2014-04-10 11:52 | Report Abuse

If it is going up. why did you sell it? only you think it will go down then you will sell..

Posted by alex2012 > 2014-04-10 12:25 | Report Abuse

or you want to let us profit by buy high than sell low???

Posted by Minami Hagiwara > 2014-04-10 12:56 | Report Abuse

I had no luck for this counter. I changed to other counter.

Posted by aaj9393 > 2014-04-17 14:54 | Report Abuse

zzzzzzzzz

Posted by Beginner1989 > 2014-04-17 16:12 | Report Abuse

aaj9393 ???

Posted by marsngo > 2014-04-18 00:09 | Report Abuse

CPO up recently.. if continue, should up some more.......tht's wat i think

Posted by Beginner1989 > 2014-04-19 08:23 | Report Abuse

kulim has been stagnated there for some time

Posted by aaj9393 > 2014-04-22 15:59 | Report Abuse

zzzzzzzzzzzzzzzzzzzzz boring

Posted by aaj9393 > 2014-04-23 09:28 | Report Abuse

what is 200 ??????

Posted by illustrious > 2014-04-23 10:10 | Report Abuse

very funny kulim wc going up but mother share staying put

Posted by alex2012 > 2014-04-25 09:09 | Report Abuse

who queue sell at 3.6?

Posted by aaj9393 > 2014-04-25 09:32 | Report Abuse

kalau tak makan, masa belum datang.

Posted by aaj9393 > 2014-04-25 09:41 | Report Abuse

no fast money from Kulim. zzzzzzzzzzzzzz long way.......>>>>>>......>>>>

Posted by alex2012 > 2014-04-25 09:48 | Report Abuse

do you think can go up to 3.8?

Posted by alex2012 > 2014-04-25 09:49 | Report Abuse

large volume queue sell at 3.6 is gone...what will happen next?

Posted by aaj9393 > 2014-04-25 09:55 | Report Abuse

target above 4.

Posted by alex2012 > 2014-04-25 10:00 | Report Abuse

when can above 4? mid of year or end of year?

Posted by aaj9393 > 2014-04-25 10:02 | Report Abuse

Tak makan, sudah pergi ?

Posted by aaj9393 > 2014-04-25 10:07 | Report Abuse

mesti tunggu lama. EPF tiap-tiap hari jual beli main-main. sudah puas hati, memang jalan kuat-kuat.

Posted by alex2012 > 2014-04-28 09:20 | Report Abuse

look at the sell queue, there must be something going on...

Posted by Beginner1989 > 2014-05-01 10:08 | Report Abuse

Kulim has been really quiet recently? No dividends? Any one has any news about this company?

Posted by aaj9393 > 2014-05-02 16:46 | Report Abuse

This is a very cunning counter that we don't know it is selling or buying ? If it is selling, the next stage will be below 3.30.

Posted by localmotive > 2014-05-05 19:45 | Report Abuse

Something is not right. The warrant is going up but mother is sleeping.

Posted by Up_down > 2014-05-05 20:13 | Report Abuse

I was also puzzled with the warrant went up today. This's not the first time the warrant shot up suddenly to 88 cents from 84 cents. It had happened few times last month.

Posted by localmotive > 2014-05-14 19:01 | Report Abuse

aiyah! should have traded warrant!!

Posted by illustrious > 2014-05-27 10:09 | Report Abuse

so bored with this counter. don't seem to be moving. better switch to some other counter

Posted by chengzhen89 > 2014-05-27 16:39 | Report Abuse

coming soon

Posted by Beginner1989 > 2014-05-28 19:57 | Report Abuse

chengzhen89 how do you know?