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

scy55309

115 posts

Posted by scy55309 > 2015-02-09 22:59 | Report Abuse

congratez.......................... ^ ^

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

i have waited 6 months for this

Posted by Somdejking King > 2015-02-10 10:55 | Report Abuse

wonder how much is the big angpow

scy55309

115 posts

Posted by scy55309 > 2015-02-10 11:54 | Report Abuse

same here..wait and wait and wait..same to my mphbcap..finally..

Posted by Somdejking King > 2015-02-10 13:30 | Report Abuse

like the saying goes " good things come for those who wait"

Posted by Somdejking King > 2015-02-11 10:15 | Report Abuse

this morning heavy buying

Posted by Somdejking King > 2015-02-11 10:16 | Report Abuse

could be epf fund moving in

Posted by baiyuensheng > 2015-02-12 16:04 | Report Abuse

what is tp?

bugle

293 posts

Posted by bugle > 2015-02-20 22:17 | Report Abuse

18 February 2015
New Britain Palm Oil Limited
("NBPOL", the "Group" or the "Company")
UPDATE ON CASH TAKEOVER OFFER FROM SIME DARBY PLANTATION

New Britain Palm Oil Limited (LSE: NBPO; POMSoX: NBO), one of the world's largest fully integrated producers of sustainable palm oil, provides the following update regarding the cash offer by Sime Darby Plantation Sdn Bhd ("Sime Darby Plantation") for all the issued and to be issued shares in NBPOL at a price of GBP 7.15 or PGK 28.79 per share (the "Offer").

Offer Declared Unconditional

Sime Darby Plantation today declared the Offer to be free from all of the conditions specified in Section 12.1 of the Offer Document dated 23 October 2014 (as amended). The Offer is now unconditional.

The Offer will remain open until 5.00 p.m. on 23 February 2015 (PNG time) for acceptances received within Papua New Guinea or 1.00 p.m. (UK time) on 23 February 2015 for acceptances received within the United Kingdom. The Offer consideration will be settled by 2 March 2015.

A full copy of the Bursa Malaysia announcement by Sime Darby Berhad (Sime Darby Plantation's ultimate parent company) can be downloaded at www.bursamalaysia.com.

The Company will continue to update its shareholders of any further material developments in connection with the Offer.

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12252862.html

Posted by Somdejking King > 2015-02-23 10:16 | Report Abuse

today up up.

bugle

293 posts

Posted by bugle > 2015-02-24 14:38 | Report Abuse

Reference is made to the announcements dated 9 October 2014, 23 October 2014, 28 November 2014, 4 December 2014, 6 January 2015, 28 January 2015, 9 February 2015 and 18 February 2015.

On behalf of Sime Darby, Maybank Investment Bank Berhad wishes to announce that the period for shareholders of NBPOL to accept the Offer expired at 5.00 p.m. (PNG time) on 23 February 2015 for acceptances received within PNG or 1.00 p.m. (UK time) on 23 February 2015 for acceptances received within the UK (“Expiry Date”).

As at the Expiry Date, SD Plantation has received valid acceptances of the Offer in respect of 149,794,781 NBPOL Shares, representing approximately 98.8% of the existing issued ordinary share capital of NBPOL.

This announcement is dated 24 February 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1882585

bugle

293 posts

Posted by bugle > 2015-02-24 15:21 | Report Abuse

New Britain Palm Oil Limited
("NBPOL", the "Group" or the "Company")
UPDATE ON CASH TAKEOVER OFFER FROM SIME DARBY PLANTATION

New Britain Palm Oil Limited (LSE: NBPO; POMSoX: NBO), one of the world's largest fully integrated producers of sustainable palm oil, provides the following update regarding the cash offer by Sime Darby Plantation Sdn Bhd ("Sime Darby Plantation") for all the issued and to be issued shares in NBPOL at a price of GBP 7.15 or PGK 28.79 per share (the "Offer").

The Company notes today's Bursa Malaysia announcement by Sime Darby Plantation's ultimate parent company, Sime Darby Berhad, with respect to the level of acceptances received in response to the Offer. Following the closing of the Offer, total acceptances representing approximately 98.8% of NBPOL's voting shares have been received by Sime Darby Plantation.

The Offer consideration will be settled by 2 March 2015.

A full copy of the Bursa Malaysia announcement by Sime Darby Berhad can be downloaded at www.bursamalaysia.com.

The Company will continue to update its shareholders of any further material developments in connection with the Offer.

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12258973.html

Posted by Somdejking King > 2015-02-27 09:07 | Report Abuse

ahh , money come alreadi
good , after a long wait.

Posted by Somdejking King > 2015-02-27 09:08 | Report Abuse

got some more to go. the regular dividends for 1st quarter or last quarter leh

Posted by Somdejking King > 2015-02-27 09:08 | Report Abuse

estimate at least .9 cents more

Posted by Somdejking King > 2015-02-27 09:09 | Report Abuse

not bad , every quarter can get .37 cents distribution from sale proceeds.

Posted by Somdejking King > 2015-02-27 09:28 | Report Abuse

accurate target price by ammb , 3.65

zckoo

70 posts

Posted by zckoo > 2015-02-27 18:22 | Report Abuse

Only up 5cents with special dividend announce....?why???

Cipta

1,041 posts

Posted by Cipta > 2015-02-27 18:44 | Report Abuse

initial announce total of RM0.75 from the sale of NBPOL will distribute through two years. RM0.376 is a surprising much.

Posted by Somdejking King > 2015-02-28 09:15 | Report Abuse

logitrader, read his posting, shocking big money for dec 2014

Posted by Mohd Sanusi > 2015-02-28 11:03 | Report Abuse

Special dividend just declared and propose dividend in just published Financial Report are different or same?

bugle

293 posts

Posted by bugle > 2015-03-02 02:25 | Report Abuse

KULIM's share price closed 3.28 on 27-02-2015: Buy or sell?

To buy: If share price is expected to go up. Why go up?
1. Special dividend of RM0.3765 per ordinary share, from the disposal of 73,482,619 ordinary shares in New Britain Palm Oil Limited (“NBPOL”), for a disposal consideration of approximately GBP525.40 million, ex on 10/03/2015 and to be paid on 23/03/2015.
2. And there will be another special dividend of about the same amount as above to be paid next year.
3. Kulim expects to realise a gain on disposal of approximately RM1.56 billion. Expect next quarter financial results will be very good!
4. On 26 February 2015, the company announced that that the Disposal was completed on
even date, following the receipt of the Disposal Consideration from Sime Darby
Plantation. CASH GBP525.40 million @ RM 5.5 - 5.6 per Pound or about RM 3 billion!
5. (EATECH, 5259) market cap and its forthcoming 1 cents per share dividend.
6. 13,656 hectares land banks in Johor which valued mostly dated back in 1997-98.
7. Johor Corporation and its related parties portions of warrants already converted into mother shares. RM 150 million cash.
8. ...The share price is expected to go up some more on and/or before the ex-date, then adjust for the dividend, then go up some more in end of May to reflect the profit from the sale of NBPOL, then...then...then...

To sell: If share price is expected to go down. Why go down? ...To be continued...

Good luck to the shareholders of KULIM!

eftee

1,210 posts

Posted by eftee > 2015-03-04 11:13 | Report Abuse

This stock used to be the darling of market players but now drop to so low.

zckoo

70 posts

Posted by zckoo > 2015-03-04 17:57 | Report Abuse

what wrong with this company?is the special dividend no attractive ?or something bad behind?

eftee

1,210 posts

Posted by eftee > 2015-03-04 20:49 | Report Abuse

Bugle is right. £525.4 million is about RM2.94 billion based on today's rate of RM5.60 to £1. The gain on disposal (after deducting their capital outlay) is RM1.56 billion. They think just giving 37.6 sen. And Cipta says they initially announced 75 sen dividend. What happened to the rest?

zckoo

70 posts

Posted by zckoo > 2015-03-05 10:28 | Report Abuse

Wah.....drop drop?

Posted by Mohd Sanusi > 2015-03-05 10:35 | Report Abuse

Any information, why drop?

hng33

20,328 posts

Posted by hng33 > 2015-03-05 10:36 | Report Abuse

Take opportunity, bought Kulim at 3.16

Cipta

1,041 posts

Posted by Cipta > 2015-03-05 10:49 | Report Abuse

in the disposal proposal to shareholder last year, Kulim promised to distribute RM0.78 from the profit of the sale of NBPOL over 2 years period. RM0.376 is a pretty much if the RM0.78 divided by 8 quarters. There will be an addition RM80mil currency gain if calculate the present BP to RM compare to the calculation the sales prospect to shareholder last year. However, if the management do a currency hedging or some agreement within Kulim-Sime on the payment, no more extra will gain. I wonder whether Kulim have received the cash from Sime Darby or not since no announcement on the actual RM income. The share is expected to drop probably to the range of RM3.10 to RM3.05 these few days, wish market prove me wrong. :)

Joel

4,580 posts

Posted by Joel > 2015-03-05 12:29 | Report Abuse

buy on last day ( 9.3.2015 ) also can get rmo.3765 special div.

Will buy bekow RM3.00 if market allow us to collect.

bugle

293 posts

Posted by bugle > 2015-03-05 13:45 | Report Abuse

Buy more when it's cheaper? Why not?
Btw, who is selling n who is buying?
Buy quantity = sell quantity. You buy or you sell?

eftee

1,210 posts

Posted by eftee > 2015-03-05 15:13 | Report Abuse

How low can it go?

zckoo

70 posts

Posted by zckoo > 2015-03-05 15:23 | Report Abuse

Mayb will break rm3......

Posted by Somdejking King > 2015-03-05 16:40 | Report Abuse

buy on ex. have to wait forever to up again.

jayawin

727 posts

Posted by jayawin > 2015-03-05 20:40 | Report Abuse

I think 3.00 will be the lower.

beso

2,137 posts

Posted by beso > 2015-03-05 21:01 | Report Abuse

may drop to 2.50 after ex

Cipta

1,041 posts

Posted by Cipta > 2015-03-06 11:55 | Report Abuse

looyee, yes the payment is announced received otherwise Kulim wont declare diveden so soon, only question is Sime Darby paid in BP or RM or USD into Kulim's British account or Malaysia's or Caymen Island..hihihi have some laugh during the price dropping day. kiki..someone was shorting the share on 2Mar and ESOS is RM3.05...deep thinking..hmmmm...

MarvelLady

230 posts

Posted by MarvelLady > 2015-03-06 13:19 | Report Abuse

Cipta.... I agree wif u. I think some funds must hv sold short & cover positions after ex-div.

Posted by Somdejking King > 2015-03-10 21:10 | Report Abuse

wah , huge volume today , sell and buy , more on buy . something is brewing up , cant be so stupid to pick up all the millions ??

Cipta

1,041 posts

Posted by Cipta > 2015-03-11 16:44 | Report Abuse

the co is using your money (if you are share holder) to buy back the share. So who is stupid?

Posted by Somdejking King > 2015-03-13 17:27 | Report Abuse

naik 6 cents

Posted by Wong Kah Wei > 2015-03-13 21:51 | Report Abuse

Looking for more more coming lah..

Posted by Wong Kah Wei > 2015-03-18 16:20 | Report Abuse

lau shai!!!after u 6 cent

Cipta

1,041 posts

Posted by Cipta > 2015-03-19 06:16 | Report Abuse

Share buy back while issuing new share. What is the rational in creating co long term value?

bugle

293 posts

Posted by bugle > 2015-03-19 12:30 | Report Abuse

Hey, what happened to the people who manage the Kumpulan Wang Persaraan portfolio? Almost all the selling for the past 2 weeks or so was from KWAP. Moving funds to support something else? Anyway, it's your rights to sell your share at whatever price you like. Yes, there might be some to think the way those people think, but not all and not all the time.

"You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time."

Posted by Wong Kah Wei > 2015-03-19 14:48 | Report Abuse

KWSP sell very cheap price to some ppl ,so u can see how some ppl make money easy.

bugle

293 posts

Posted by bugle > 2015-03-19 16:39 | Report Abuse

yup, I've seen KWSP, KWAP, LTH, PNB (ASB, ASM, AS1M) dumping good and well-managed companies like GTRONIC, PBA, PCHEM, Bursa, etc at very cheap prices for reason unknown to us. So, I'm not surprised by the move of KWAP this time. I'm waiting for next year special dividends.

DUMPING: "A standard technical definition of dumping is the act of charging a lower price for the like goods in a foreign market than one charges for the same good in a domestic market for consumption in the home market of the exporter. This is often referred to as selling at less than "normal value" on the same level of trade in the ordinary course of trade. Under the World Trade Organization (WTO) Agreement, dumping is condemned (but is not prohibited) if it causes or threatens to cause material injury to a domestic industry in the importing country."

Perhaps the idea could also be applied in stock market. Let's see who gain and who lose?

Cipta

1,041 posts

Posted by Cipta > 2015-03-19 17:07 | Report Abuse

KWAP not solely selling, it sell and buy just like EPF, short and cover position or perhaps sell buy sell buy is the appropriate word. What weird things is KWAP is dumping and Kulim is doing share buy back maintaining the price. Could anyone tell the logic?

zckoo

70 posts

Posted by zckoo > 2015-03-20 10:05 | Report Abuse

Why drop?

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