KULIM (M) BHD

KLSE (MYR): KULIM (2003)

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12 people like this.

1,964 comment(s). Last comment by calvintaneng 2022-05-13 20:09

Posted by wannabeinvestor > 2014-10-28 10:56 | Report Abuse

good news but dropping share price..kulim always do the reverse..

Posted by Eng Aun Tan > 2014-10-28 11:54 | Report Abuse

Oil exploration is a long term investment. In the short term there will be costs incurred, so expect profitability to negatively impacted.

Posted by wannabeinvestor > 2014-10-28 12:33 | Report Abuse

ah.. I see.. Thank you.

Stockman

684 posts

Posted by Stockman > 2014-10-28 13:35 | Report Abuse

Short term wait for proceed of NBPOL by year end

Posted by Somdejking King > 2014-10-29 16:25 | Report Abuse

pressing down the price already 3rd day.they dont want it to go up.

scy55309

115 posts

Posted by scy55309 > 2014-10-30 10:02 | Report Abuse

wonder what are they playing...

Cipta

1,046 posts

Posted by Cipta > 2014-10-30 10:37 | Report Abuse

because banker are betting on the call warrant, if price hike, the banker will lose.

scy55309

115 posts

Posted by scy55309 > 2014-10-30 10:47 | Report Abuse

i see..will look into it..thx

jackport

179 posts

Posted by jackport > 2014-10-30 14:20 | Report Abuse

hhmm.....

jackport

179 posts

Posted by jackport > 2014-10-30 14:20 | Report Abuse

scy55309 u bought how many??

scy55309

115 posts

Posted by scy55309 > 2014-10-30 14:22 | Report Abuse

quite a lot..10k units at 3.48

jackport

179 posts

Posted by jackport > 2014-10-30 14:29 | Report Abuse

any news??

scy55309

115 posts

Posted by scy55309 > 2014-10-30 14:33 | Report Abuse

got..but not sure real or not..how are u jack..your scib doing well..

Posted by Beginner1989 > 2014-11-01 11:07 | Report Abuse

What news scy55409..please share!

Joel

4,580 posts

Posted by Joel > 2014-11-10 20:56 | Report Abuse

Look below link@KULIM

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1789845

Wow, huge Acquired share@KULIM !

Posted by Beginner1989 > 2014-11-11 02:25 | Report Abuse

Believe Kulim is going to give us good news soon!

koyak71

752 posts

Posted by koyak71 > 2014-11-12 16:24 | Report Abuse

what is the good from the announcement?

scy55309

115 posts

Posted by scy55309 > 2014-11-14 09:37 | Report Abuse

lol..

Cipta

1,046 posts

Posted by Cipta > 2014-11-18 16:45 | Report Abuse

upon completion of the sale of NBPOL, the NA of Kulim will increase from RM2.96 (end 31st Dec 2013) to RM4.23. 44.29% of the new NA is cash, equivalent to RM1.87/share. So if you buy Kulim at RM3.50, your cost deduct cash is RM1.63 for other asset such as 51160 ha palm oil estate in johor including palm oil mill, to be listed EA Bhd share, Secret Garden and other companies. A bargain entering now?

Posted by Somdejking King > 2014-11-25 16:42 | Report Abuse

kulim will receive 2.6 billion in cash after sale.

Posted by Somdejking King > 2014-11-25 16:43 | Report Abuse

go in now or regret it.

Posted by Somdejking King > 2014-11-25 16:45 | Report Abuse

after SAle proceeds will go back to share holders.

Posted by Somdejking King > 2014-11-25 16:46 | Report Abuse

humogous dividends coming

rixkiat

17 posts

Posted by rixkiat > 2014-11-28 11:40 | Report Abuse

Dec 3 Kulim egm who got go? normally how many hours the egm last?

Cipta

1,046 posts

Posted by Cipta > 2014-11-28 15:27 | Report Abuse

another RM50mil cash in from sales of Nexsol to PGEO.

Posted by Wong Kah Wei > 2014-11-28 15:52 | Report Abuse

wow!!!like that how much dividen should give ?

Cipta

1,046 posts

Posted by Cipta > 2014-12-03 15:09 | Report Abuse

The EGM has passed the sale of NBPOL this afternoon. In the present dropping of Ringgit Malaysia, the total value of GBP525.40 will cash in is RM2.83bil, additional RM80mil due to currency gain.

beso

2,137 posts

Posted by beso > 2014-12-03 19:10 | Report Abuse

kulim up tomorrow

Cipta

1,046 posts

Posted by Cipta > 2014-12-04 10:11 | Report Abuse

The dividend may be more than RM1bil due to currency gain as well as disposal of Nexsol and listed of EA tech.

thinkndo

186 posts

Posted by thinkndo > 2014-12-04 11:54 | Report Abuse

wish everything goes well and as in expected....cheers!

Posted by Somdejking King > 2014-12-04 14:30 | Report Abuse

the good news is
Plantation group Kulim (Malaysia) Bhd is optimistic that its bold move into new ventures in the oil and gas (O&G) sector will contribute 50% of its total revenue within the next 10 years. Its managing director Ahamad Mohamad said the company is on the lookout for a local partner for its upstream O&G business ventures. The company has received a greenlight from its shareholders for the disposal of its 49% equity in New Britain Palm Oil Ltd (NBPOL) to Sime Darby Bhd for RM2.75bn.
Ahamad said Kulim has earmarked RM680m from the proceeds to finance its expansion into new areas of opportunity in the O&G sector, especially in Indonesia. Another RM170m will set aside for buying land in Indonesia, Sabah and Sarawak to increase its plantation landbanks. The company will distribute RM1bn of the disposal proceeds to its shareholders as dividends in a staggered basis over the next two years. (BT)

Posted by Somdejking King > 2014-12-04 14:31 | Report Abuse

read the last sentences, rm1 billion proceeds to its shareholders as dividends.

Cipta

1,046 posts

Posted by Cipta > 2014-12-04 15:49 | Report Abuse

somedejking king, the distribution of the sales of NBPOL is based on the 1GBP = RM5.24, as hng33 mentioned above, now the currency is 1GBP=RM5.40, how the company distrubute the extra RM80mil from currency gain?

Posted by Somdejking King > 2014-12-04 15:56 | Report Abuse

dividend special pay out to be distributed over 2 yrs period, so have to wait for that.
so far from past records , all are paid out to shareholders

Cipta

1,046 posts

Posted by Cipta > 2014-12-04 16:42 | Report Abuse

J Corp can privatise it as they can use the money from dividends to buyout the co, they no need to splash cash from own pocket and yet, if Kulim price still undervalue, then they can take the palm oil estate in Johor by cheap. After that all profit of Kulim is 100% own by J Corp.

Posted by Somdejking King > 2014-12-10 15:51 | Report Abuse

dressing up for year end party.

Ah Ha

905 posts

Posted by Ah Ha > 2014-12-12 16:42 | Report Abuse

no party for this year.. dream on.. be careful.

beso

2,137 posts

Posted by beso > 2014-12-12 17:09 | Report Abuse

this company just start to acquire o&g business, so...

Posted by Somdejking King > 2014-12-15 14:57 | Report Abuse

opps shit wrong decisions into o&G

Posted by wannabeinvestor > 2015-01-26 22:38 | Report Abuse

Jcorp intend to buy over NFC.. how will it affect KULIM?

Posted by Somdejking King > 2015-01-28 11:18 | Report Abuse

kulim is on the move , something is coming up, could be the bonus dividend, maybe ,90cents.

Posted by Somdejking King > 2015-01-28 11:19 | Report Abuse

its ok to buy over , buy it should include the condos in the deal , plus the mercedes too.

scy55309

115 posts

Posted by scy55309 > 2015-01-28 15:24 | Report Abuse

hehehe...finally...0ng for 2015...

thinkndo

186 posts

Posted by thinkndo > 2015-01-29 11:40 | Report Abuse

Hope so .... GOD bless...

Cipta

1,046 posts

Posted by Cipta > 2015-01-30 10:50 | Report Abuse

fat dividend expecting

zckoo

70 posts

Posted by zckoo > 2015-02-05 12:49 | Report Abuse

Dunno when the special will come?

Posted by Somdejking King > 2015-02-09 10:00 | Report Abuse

lye liao lye liao, kao kao , coming big news on divis.

thinkndo

186 posts

Posted by thinkndo > 2015-02-09 10:33 | Report Abuse

Most of the time, the more I expect, the more I lose....hopefully this time will be different and wont let us down...

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