KULIM (M) BHD

KLSE (MYR): KULIM (2003)

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Last Price

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Today's Change

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Day's Change

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12 people like this.

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

Hong2

340 posts

Posted by Hong2 > 2012-12-21 12:19 | Report Abuse

When the announcement? Thanks!

ahhmadd76

630 posts

Posted by ahhmadd76 > 2012-12-21 15:41 | Report Abuse

ya, bila nak announce... ada info tak...

ahhmadd76

630 posts

Posted by ahhmadd76 > 2012-12-21 16:22 | Report Abuse

anak mcm nak naik...rasanya ada berita baik ni...

Hong2

340 posts

Posted by Hong2 > 2012-12-21 16:30 | Report Abuse

Mana satu anak?

ahhmadd76

630 posts

Posted by ahhmadd76 > 2012-12-21 16:34 | Report Abuse

CI & CF

Hong2

340 posts

Posted by Hong2 > 2012-12-21 16:38 | Report Abuse

Tankiu!

Hong2

340 posts

Posted by Hong2 > 2012-12-21 21:23 | Report Abuse

Possible WC reaches to RM1.30???

Posted by Mr Ziet Army > 2012-12-24 13:57 | Report Abuse

Pls read the announcement from KFC on 19 Dec: "On behalf of the Board of Directors of KFC, OSK Investment Bank Berhad wishes to announce that the High Court of Malaya at Kuala Lumpur had, on 19 December 2012, granted an order confirming the special resolution for the KFC Capital Repayment. The sealed order will be extracted and an office copy of the order will be lodged with the Companies Commission of Malaysia at a later date for the KFC Capital Repayment to take effect."

Posted by Mr Ziet Army > 2012-12-24 14:00 | Report Abuse

Here is the 2nd announcement regarding the timeframe to complete the transaction: "On behalf of the Board of Directors of KFC, OSK Investment Bank Berhad wishes to announce that KFC and TPSB had, on 19 December 2012, mutually agreed to further extend the Completion Date from a date falling on or before 31 December 2012 to a date falling on or before 31 January 2013.

Save for the above, all the other conditions, covenants, provisions and terms contained in the BSA shall remain valid and enforceable.

This announcement is dated 19 December 2012."

Posted by 660220adsiil > 2012-12-24 14:08 | Report Abuse

I have strong feeling that Kulim will surpass RM5.00 very soon. Alreaady shifted from FGV @4.57 and bought Kulim @4.45 last few weeks and will buy some more by this week. Hopefully I will recover my loss from FGV.

Posted by Mr Ziet Army > 2012-12-24 14:22 | Report Abuse

u are boarding the right train friend.yeahhh

lhoong

336 posts

Posted by lhoong > 2012-12-24 14:25 | Report Abuse

very likely as the sale of KFC and QPR completed

Posted by 660220adsiil > 2012-12-24 14:35 | Report Abuse

I would like to convey my heartiest congratulation to the management of FGV and kerajaan BN as a whole for giving me the opportunity to purchase FGV during first day of listing @5.45 and making loss of around 80k.May God bless all of you. Hidup FGV!

Posted by Mr Ziet Army > 2012-12-24 14:43 | Report Abuse

wow..that's quite a big amount bro.so sorry to hear that

trefoil

190 posts

Posted by trefoil > 2012-12-24 19:48 | Report Abuse

Hope you could make back from Kulim. No joke 80k!

AK $$

380 posts

Posted by AK $$ > 2012-12-26 13:15 | Report Abuse

The capital repayment can onlu happen if the sale of KFC and TPSB is completed. If they keep pushing the completion of the transaction now from 31/12/2012 to 31/1/2013, investors may also lose interest.

Hong2

340 posts

Posted by Hong2 > 2012-12-27 13:25 | Report Abuse

Why Kulim drop today?

mrk2ca

106 posts

Posted by mrk2ca > 2012-12-27 23:35 | Report Abuse

Capital repayment Exdate 9 jan 13.Tomorrow sure fly!!

alfonso9

52 posts

Posted by alfonso9 > 2012-12-28 06:39 | Report Abuse

mother > rm5 and son wc > 1.2 are possible.. or maybe more

Posted by 660220adsiil > 2012-12-28 08:47 | Report Abuse

Will buy more today. Just to cover FGV loss.

reyes430

204 posts

Posted by reyes430 > 2012-12-28 08:53 | Report Abuse

As Kulim declared div of 91 cents, it will dilute WC as div is not good for warrant holders. However, before the ex-date, by right it should be a rally for the warrant, true?

wachin

145 posts

Posted by wachin > 2012-12-28 08:56 | Report Abuse

wc return rate is more attractive before ex... but the situation seem lack of demand

smartly

6,431 posts

Posted by smartly > 2012-12-28 09:14 | Report Abuse

there will be adjustment of exercise price for WC but will be announced later.

Posted by Tan Chin Kok > 2012-12-28 09:15 | Report Abuse

Not really, for Kulim-WC, the exercise price will be adjusted after the ex-date of Kulim's special dividend.

Currently it is trading at discount :)

Hong2

340 posts

Posted by Hong2 > 2012-12-28 09:18 | Report Abuse

Yes....WC is at discounted now! Still a good buy.

Posted by Darren Loke > 2012-12-28 09:20 | Report Abuse

missed the boat -_-"
enjoy your CNY profits to the others =)

reyes430

204 posts

Posted by reyes430 > 2012-12-28 09:23 | Report Abuse

is that 100% that there ll be adjustment for WC?

tcleng

446 posts

Posted by tcleng > 2012-12-28 09:24 | Report Abuse

BUY kulim-wc better...

Hong2

340 posts

Posted by Hong2 > 2012-12-28 09:28 | Report Abuse

Last round WC went up to 1.33, hot sure this time how high it's will goes.....

Posted by Tan Chin Kok > 2012-12-28 09:32 | Report Abuse

see TGOFF announcement on 4/8/2012... Special Dividend too... After that, both warrant's exercise price were adjusted...

Must be adjusted la... if not, where got fair ler..

Jeremy 1

27 posts

Posted by Jeremy 1 > 2012-12-28 09:49 | Report Abuse

is special div of .9094/share after tax?

smartly

6,431 posts

Posted by smartly > 2012-12-28 10:00 | Report Abuse

adjustment will be announced in due course.
assuming after ex, then mum will go from now 5.12 - 0.91 = 4.21.
WC at 1.07 + 3.85 = 4.92, let's say adjust from 3.85 to 3, 1.07+3 = 4.07

WC only in discount after adjustment but the question is when is adjust coming in ?

guanteik

183 posts

Posted by guanteik > 2012-12-28 10:20 | Report Abuse

Special div is single tier (tax-free). Looks like this counter is being speculated today!

wachin

145 posts

Posted by wachin > 2012-12-28 12:16 | Report Abuse

loss momentum

Hong2

340 posts

Posted by Hong2 > 2012-12-28 12:26 | Report Abuse

I went in WC at 1.07 this morning...should I sell...keep dropping lah...advice pls....

Posted by lemonchan > 2012-12-28 12:29 | Report Abuse

the adjustment should take effect after x date.

Posted by 660220adsiil > 2012-12-28 12:36 | Report Abuse

The problem with WB is that we don't know the new exercise price.

Hong2

340 posts

Posted by Hong2 > 2012-12-28 12:37 | Report Abuse

Am I right to say, still cam hold? Decide to CL after the ex-date? Tahnsk

Posted by 660220adsiil > 2012-12-28 12:40 | Report Abuse

Correct me if I am wrong. From my point of view better sell WB and buy mother share. Afterall you will be getting special dividend for sure.

smartly

6,431 posts

Posted by smartly > 2012-12-28 14:40 | Report Abuse

Hong2, keep till the adjustment, maybe more discount then.

wachin

145 posts

Posted by wachin > 2012-12-28 15:03 | Report Abuse

Hong2, just exercise the wc if u have extra money... 1.07+3.85=4.92 still on discount if compare with 5.04

Hong2

340 posts

Posted by Hong2 > 2012-12-28 15:14 | Report Abuse

Smartly+Wachin....thanks for your advices. Make sense and will take note!

Posted by Julia Roberts > 2012-12-28 15:58 | Report Abuse

I honestly have faith in its warrants. Buying up now. Hope it goes well.

smartly

6,431 posts

Posted by smartly > 2012-12-28 16:23 | Report Abuse

WC back to square. lol !

Hong2

340 posts

Posted by Hong2 > 2012-12-28 16:46 | Report Abuse

JRoberts, you don't mid to share the FA why you have faith with WC? Thanks....

sh2383jbt

103 posts

Posted by sh2383jbt > 2012-12-28 18:38 | Report Abuse

Can wc go back to 1.30 or higher ? The adjusted announce today to 3.13 from 3.85.

Hong2

340 posts

Posted by Hong2 > 2012-12-28 19:06 | Report Abuse

sh2383jbt...if as such now WC is traded at discount then now even if mother drop to 4.50
Thanks for the info shared.

Posted by babystocker > 2012-12-28 19:47 | Report Abuse

Hong2, sorry to ask this question again cos i dont understand the outcome of the announcement. is it positive news or any negative impact in the wc share. TQ for sharing...

kcchongnz

6,684 posts

Posted by kcchongnz > 2012-12-28 20:02 | Report Abuse

With the adjustment of the exercise price of Wc from 3.85 to 3.13, it appears that there is very good potential of gain in punting on Wc. I envisage that with the announcement of the special dividend yesterday, Kulim share price would slowly climb up from yesterday's closing price of 4.92 to around 5.50, say by the ex-date on 11/1/2013. The adjusted price of Kulim would be about 4.40 (5.50-0.90). Then the intrinsic value of Wc would be 1.27, or about 23% higher than today's closing of 1.03. Some more as Wc has 4.5 more years to expire, the additional time value which has not been included is also substantial. This is true only if Kulim share price goes up to 5.50 by 11/1/2013.

Hong2

340 posts

Posted by Hong2 > 2012-12-28 21:56 | Report Abuse

Kcchongnz - thanks for the analysis.

Baby stocker - am holding mother and WC.
The explanation from Kcchongnz's could paint better understding.

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