Posted by Needluck > 2 months ago | Report Abuse

20 pecah again, then maybe better avoid this counter.

Posted by WongGK92 > 2 months ago | Report Abuse

...shoot. It getting lower and lower even though EPF is buying

Posted by dompeilee > 2 months ago | Report Abuse

Foreigners haven't done SELLing yet...dividend already gone for the next 8 months & CPO tumbling. No catalysts to go up so sellers will take charge. EPF buying is always a good contrarian signal plus controlling family also absent from the mkt.

Posted by Needluck > 2 months ago | Report Abuse

no more 3xbottom?

Posted by teknikal > 2 months ago | Report Abuse

KLK expands oleochemicals processing capacity in China

https://theedgemalaysia.com/node/718549

Posted by williamh > 2 months ago | Report Abuse

Target is 16.50

Posted by troy88 > 2 months ago | Report Abuse

This former plantation king is a shadow of it's former self

Posted by abc333 > 2 months ago | Report Abuse

waiting 16

Posted by WongGK92 > 2 months ago | Report Abuse

Palm oil set to rise in 2H as La Nina poses supply risk. Rebound rebound
https://theedgemalaysia.com/node/718915

Posted by kl_guy > 2 months ago | Report Abuse

klk need to break rm21.00 to stay into weekly uptrend channel.

Posted by WongGK92 > 2 months ago | Report Abuse

Rm20.30 now. gogogo

Posted by sasword > 2 months ago | Report Abuse

马来嘿钱懒趴朱和苟党的洗嘿钱股果然与众不同

Posted by kl_guy > 2 months ago | Report Abuse

klk fully control by the big boy.
up and down all under control .

Posted by WongGK92 > 2 months ago | Report Abuse

Then we swim with the big boy and earn $

Posted by Boyour > 2 months ago | Report Abuse

i hold it forever and don't care price range

Posted by kl_guy > 2 months ago | Report Abuse

look at the volume.
look like the big boy waiting for the retail to sell out. they are not buying or selling.

Posted by WongGK92 > 2 months ago | Report Abuse

The big boy like EPF is buying 😁

Posted by kl_guy > 2 months ago | Report Abuse

i think bottom is near. no one trading this counter. volume tak ada

Posted by kl_guy > 2 months ago | Report Abuse

look like weak hand is selling at 12pm . maybe contra due .

Posted by troy88 > 2 months ago | Report Abuse

No longer the king of plantation. Utdplt is the new king. Shame on KLK.

Posted by WongGK92 > 2 months ago | Report Abuse

Nope, KLK is still bigger than Utdplt in terms of market cap

Posted by kl_guy > 2 months ago | Report Abuse

weak hand cannot hold on.
retail sell out.

Posted by WongGK92 > 2 months ago | Report Abuse

Retail sell, while EPF is buying. Who is bigger deal ?😆

Posted by kl_guy > 2 months ago | Report Abuse

look like someone want to keep KLK press down . RSS volume increase.

Posted by kl_guy > 1 month ago | Report Abuse

look like no one is willing to selling.

Posted by WongGK92 > 1 month ago | Report Abuse

Press down !? Look at the price movement of KLK now 😆

Posted by kl_guy > 1 month ago | Report Abuse

keep your klk share. epf is collecting. don't panic and sell

Posted by WongGK92 > 1 month ago | Report Abuse

Everyone is panicking today 🙃

Posted by Killsthebear > 1 month ago | Report Abuse

margin call here, margin call there, this year hungry ghost super powerful💩💩💩💩

Posted by kl_guy > 1 month ago | Report Abuse

RSS shorties are pushing it down kaw kaw..small vol already drop rm1.00

Posted by kl_guy > 1 month ago | Report Abuse

RSS shorties still selling.
see who stronger.

Posted by kl_guy > 1 month ago | Report Abuse

Is it wise to short KLK at yearly low level ? With low volume, look like shorting tak jadi.
One reason might be big boy collecting while shorting on the their end.
share collected tak cukup for goreng yet. need to collect more.

Posted by WongGK92 > 1 month ago | Report Abuse

CPO price dropped ...

https://www.bernama.com/en/news.php/news.php?id=2326241

Posted by Mabel > 1 month ago | Report Abuse

Malaysian palm oil exports and inventory levels in July surpassed market expectations, with robust exports contributing to a reduction in stockpiles. Exports surged by 39.9% month-on-month. This increase was primarily due to higher orders from key importing countries, such as India and China, for July shipments. Palm oil production has resumed its upward trend, rising 14.0% month-on-month in July to 1.84 million tonnes, signaling the onset of the seasonal high-production phase.

Kenanga also maintains a Neutral outlook with a strong upside catalysts, such as CPO prices surging to trade between RM4,000 - RM4,500

Let’s look at the general gross profit for Crude Palm Oil (CPO) in Malaysia and Indonesia.

Malaysia
Gross Profit: The gross profit for Malaysian CPO producers can vary, but it generally ranges from RM 1,500 to RM 2,000 per tonne. This is based on production costs of around RM 2,000 per tonne and average CPO prices ranging from RM 3,500 to RM 4,000 per tonne.

Indonesia
Gross Profit: Indonesian CPO producers typically enjoy higher gross profits due to lower production costs. The gross profit generally ranges from USD 400 to USD 600 per tonne. This is based on production costs of around USD 300 per tonne and average CPO prices ranging from USD 700 to USD 900 per tonne.

As you can see the Indonesian Farmers are happily dancing while the Malaysian Farmers will need to monitor their production cost with the 52% increase in Diesel Price in Peninsular Malaysia. Hopefully the volume in revenue can cover this cost.

Posted by Mabel > 1 month ago | Report Abuse

Moving forward…

Time for our plantation to break new frontiers to cover these 52% increase in Production cost. Beside CPO, Plantations can be potentially significant renewable energy players in mid to long to long term. Palm oil wastes to energy, vast landbank for solar energy, CPO for biodiesel like B20 and B60 etc ,

Posted by Sslee > 1 month ago | Report Abuse

Indonesia long ago already did not subsidy petrol and diesel.
Indonesia imposed CPO export duty and levy. Hence CPO local price is international price minus export duty minus levy. This is to ensure local enjoy cheaper cooking oil.

Posted by Sslee > 1 month ago | Report Abuse

MPOM Malaysia local price Jan-July 2024
3,783.50
3,949.50
4,215.50
4,257.00
3,902.50
3,957.50
4,034.00

From TSH Indonesia plantation
Average selling prices Quarter Ended
31.03.2024 31.03.2023
RM/MT RM/MT
CPO 3,587 3,555
PK 1,930 1,770

Posted by Needluck > 1 month ago | Report Abuse

many rubbish counters in klci index, this is one of them.....

Posted by kl_guy > 1 month ago | Report Abuse

who dump klk ? volume so low?

Posted by WongGK92 > 1 month ago | Report Abuse

Today sell on good QR ....? https://www.thestar.com.my/business/business-news/2024/08/21/klk-earnings-forecast-to-improve-in-4q24

Posted by kl_guy > 1 month ago | Report Abuse

FCPO chart show side way range rm3700++ , last 3 day show a up trend to rm3867. Are we moving uptrend on CPO. If Trump become president with make US great again , more anti china policy will be implemented. China will stop buying soy oil and buy more palm oil . With PM anwar talk of doing trade with India using rupee or RM for trade. Palm oil will be one comodity

Posted by kl_guy > 1 month ago | Report Abuse

fcpo up again .... rm3978 . klk quietly move up

Posted by WongGK92 > 1 month ago | Report Abuse

Where are those substantial shareholders coming from ? 😮

Posted by kl_guy > 1 month ago | Report Abuse

yahoooo....klk start to move. last 2 week of pushing down , is to wash out weak hand.

Posted by kl_guy > 1 month ago | Report Abuse

KLK need to close above MA200 at rm21.75

Posted by kl_guy > 4 weeks ago | Report Abuse

wow klk got big volume today . good sign . bull run .

Posted by KClow > 2 weeks ago | Report Abuse

Klk got bul run..more likr bulshiit run..
Lol..
I told u guys to sell klk and buy utdplnt qhen utdplnt touched klk price ..
Now utdplbt 27.8🤣

Posted by KClow > 2 weeks ago | Report Abuse

Now i tell u klk shareholders..
STILL NOT LATE TO SELL KLK.AND BUY UTDPLNT

Posted by LeonardLiong > 1 week ago | Report Abuse

I am back to this counter. Collect collect

Posted by ohlala > 4 days ago | Report Abuse

At a low of 20.11 today....