KUCHAI DEVELOPMENT BHD

KLSE (MYR): KUCHAI (2186)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

2.02

Today's Change

+0.02 (1.00%)

Day's Change

2.01 - 2.03

Trading Volume

312,800


4 people like this.

1,014 comment(s). Last comment by AhPek 51 minutes ago

speakup

27,012 posts

Posted by speakup > 2018-01-12 14:40 | Report Abuse

GE operations in Malaysia only!

pang72

51,486 posts

Posted by pang72 > 2018-01-12 14:48 | Report Abuse

Reported worth 4.1B leh...
If listing company has 60mils share, then stock price rm68...
Any banker can help?

speakup

27,012 posts

Posted by speakup > 2018-01-12 14:51 | Report Abuse

company can have super high NTA, but if they dont share it with shareholders, it's called "Value Trap". examples: PUNCAK, KSENG

pang72

51,486 posts

Posted by pang72 > 2018-01-12 14:53 | Report Abuse

Hihi...
That why I read some one scold the old man..go to .....d......faster...
But not good la....

speakup

27,012 posts

Posted by speakup > 2018-01-12 14:56 | Report Abuse

in year 2005 many ppl chase up Kuchai, Sbagan & Kluang due to their high NTA, but the companies refused to share their wealth with shareholders. Shareholders pestered the owners but to no avail. So investors lost interest in these 3 caompanies and their share price dropped way below NTA.
Today we see the same thing happening. History repeats after 12 years. But of course, different players last time.

kai8994

404 posts

Posted by kai8994 > 2018-01-12 15:09 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/01/12/kuchai-shares-rise-in-anticipation-of-great-eastern-listing/

Please read carefully. So many things remained unknown. How to determine "Kuchai is poised to be major beneficiary.."

Swt..

SALAM

1,072 posts

Posted by SALAM > 2018-01-12 15:10 | Report Abuse

company can have super high NTA, but if they dont share it with shareholders, it's called "Value Trap". examples: PUNCAK, KSENG
12/01/2018 14:51

Same with TRIPLC also. beware..
Buy growth stocks eg. HRC. Support shares whose directors got business sense..eg HRC...hehe

speakup

27,012 posts

Posted by speakup > 2018-01-12 15:12 | Report Abuse

exactly!

Posted by SALAM > Jan 12, 2018 03:10 PM | Report Abuse

company can have super high NTA, but if they dont share it with shareholders, it's called "Value Trap". examples: PUNCAK, KSENG
12/01/2018 14:51

Same with TRIPLC also. beware..
Buy growth stocks eg. HRC. Support shares whose directors got business sense..eg HRC...hehe

speakup

27,012 posts

Posted by speakup > 2018-01-12 15:15 | Report Abuse

reminds me of the in-famous Jose Barrack who likes to write mouth-watering juicy articles to push up share prices. works like a charm during bull runs like now.

speakup

27,012 posts

Posted by speakup > 2018-01-12 15:17 | Report Abuse

every wondered why this Star biz article wasn't written a month ago considering that GE(Malaysia) & AIA(Malaysia) listing was already known in 3rd quarter of last year. cos market was bad, that article maybe can push up 10% only.

Posted by Fabien Extraordinaire > 2018-01-12 15:33 | Report Abuse

when is PerakCorp's turn?

mancingbursa

4,268 posts

Posted by mancingbursa > 2018-01-12 15:35 | Report Abuse

Wah... I also q leh....

pang72

51,486 posts

Posted by pang72 > 2018-01-12 15:40 | Report Abuse

I also q leh

pang72

51,486 posts

Posted by pang72 > 2018-01-12 15:41 | Report Abuse

The q gets longer

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-12 15:41 | Report Abuse

Sold some Kluang 2 early(still hold 28% of orig stake) but I'm hanging to every share of Kuchai & SBagan till whatever news it is is announced! :)

pang72

51,486 posts

Posted by pang72 > 2018-01-12 15:44 | Report Abuse

Should have hold till plan out...at least deadline know is Jun..

If 3 ,4 years ago...you only guess they will do something but nothing

Posted by HENGYUAN Sexy Babe @ RM21 > 2018-01-12 15:44 | Report Abuse

surprisingly no UMA? hehe. Que BUY SAPU Like mad, sure got thing

TheContrarian

9,483 posts

Posted by TheContrarian > 2018-01-12 15:45 | Report Abuse

Possibly reverse take over of Kuchai via injection of GE(Malaysia) cum IPO like what was done by Hicom a long, long time ago?

pang72

51,486 posts

Posted by pang72 > 2018-01-12 15:46 | Report Abuse

Long q...

.back door listing then kuchai...up like hrc...1,2 dollars a days

mancingbursa

4,268 posts

Posted by mancingbursa > 2018-01-12 15:50 | Report Abuse

Tp 5.00

speakup

27,012 posts

Posted by speakup > 2018-01-12 15:53 | Report Abuse

need someone in Star biz to write a juicy story to push it up. KSENG,PUNCAK,PRKCORP are examples of value traps. Very high NTA, but owners dont want to share the company wealth with shareholders, so the share price become very depressed.

Posted by Fabien Extraordinaire > Jan 12, 2018 03:33 PM | Report Abuse

when is PerakCorp's turn?

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-12 15:54 | Report Abuse

I still remember this counter caused a sensation at the end of 2006 when it went ex-bonus but ppl chase it up to 4.80 or something like that... those ppl,if still holding, are suffering a BIG loss still...

cinapeh

214 posts

Posted by cinapeh > 2018-01-12 15:57 | Report Abuse

ya i remember

Posted by HENGYUAN Sexy Babe @ RM21 > 2018-01-12 15:59 | Report Abuse

dompeilee, come. what other stocks you buying now....you damn good

pang72

51,486 posts

Posted by pang72 > 2018-01-12 16:00 | Report Abuse

Hold the share ,...pray that news is back door listing kuchai

pang72

51,486 posts

Posted by pang72 > 2018-01-12 16:01 | Report Abuse

Nobody want to give up buy q....

mancingbursa

4,268 posts

Posted by mancingbursa > 2018-01-12 16:06 | Report Abuse

Add some more fake q for fun, lala

kai8994

404 posts

Posted by kai8994 > 2018-01-12 16:11 | Report Abuse

Pang72... Why would a renowned insurance company want to do a back door listing???

pang72

51,486 posts

Posted by pang72 > 2018-01-12 16:14 | Report Abuse

I hope!

Faiza

666 posts

Posted by Faiza > 2018-01-12 17:06 | Report Abuse

esok 2nd limit out ok

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-12 17:14 | Report Abuse

Esok tak ada mkt lol

Posted by HENGYUAN Sexy Babe @ RM21 > 2018-01-12 17:49 | Report Abuse

crazy mkt

Bullcoming

849 posts

Posted by Bullcoming > 2018-01-12 18:42 | Report Abuse

Next week will touch Rm 3, if RTO will be different story.

Posted by Winningpost > 2018-01-12 21:22 | Report Abuse

Next limit up price $ 2.96 forthcoming next Mon
Stay tuned.

Posted by SenSeng Loh > 2018-01-13 06:50 | Report Abuse

High NTA value trap? Not applicable to every counter, you need to do your homework and pick the right one. On buying a high NTA counter,you are getting it with discount some may be a quarter to one third of NTA. Some high NTA counters may be cash rich,debt free with good management what you need is to have patience and may have to wait for some months or years.

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-13 08:23 | Report Abuse

Originally I was prepared to hold 10 years + (like what I did with Uchitec) but looks like the market decided that after 4 years, it was time to reward the patient enduring investor :)

Posted by SenSeng Loh > 2018-01-13 10:03 | Report Abuse

dompeilee : In stock market, very high chances money flow into the wise patient investor from the inpatients.I approach the CEO of Kuchai in last AGM and he told me I have been buying his company at good discount and be patient.

Seek

443 posts

Posted by Seek > 2018-01-13 10:16 | Report Abuse

Congrats Dompeilee!
The market rewards patient enduring investor.
Powerful statement.
What else u r in ?
Aegb, sold?

great

28 posts

Posted by great > 2018-01-13 12:40 | Report Abuse

sometimes (er..most times) patience rewards you but you have to pick really good fundamental stocks which have been overlooked. Any suggestions?

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-13 13:59 | Report Abuse

Take a look at Saxa Holdings listed in Tokyo...almost no such Ben Graham companies trading here :)

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-13 14:22 | Report Abuse

That's why its only worth 2 cents :)

newbie5354

555 posts

Posted by newbie5354 > 2018-01-13 17:53 | Report Abuse

Why can limit up? Profit drop QOQ.
http://klse.i3investor.com/servlets/stk/fin/2186.jsp

newbie5354

555 posts

Posted by newbie5354 > 2018-01-13 17:54 | Report Abuse

Dividend less than 1 sen. Why so stingy?
http://klse.i3investor.com/servlets/stk/annent/2186.jsp

Diamond7

2,370 posts

Posted by Diamond7 > 2018-01-13 21:36 | Report Abuse

why can limit up? Profit drop QbQ! @newbie
plenty of cash n reserve!

Diamond7

2,370 posts

Posted by Diamond7 > 2018-01-13 21:36 | Report Abuse

Why so stingy?
Must keep for winter n for babies....

apolloang

18,163 posts

Posted by apolloang > 2018-01-13 22:59 | Report Abuse

mon 99% no limit up,likely up the most to 2.50-2.60 before profit taking

Syndicates

884 posts

Posted by Syndicates > 2018-01-13 23:09 | Report Abuse

no limit up but likely gap up, got buy got earn

apolloang

18,163 posts

Posted by apolloang > 2018-01-13 23:16 | Report Abuse

hopefully the company didn't say they didn't aware of anything what the star had mention

YourBoss

41 posts

Posted by YourBoss > 2018-01-14 01:21 | Report Abuse

Insider news bank negara has approved the listing of great eastern malaysia in klse so huge dividends will be receiving by kuchai!

Post a Comment
Market Buzz