KIMLUN CORPORATION BERHAD

KLSE (MYR): KIMLUN (5171)

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Last Price

1.24

Today's Change

-0.03 (2.36%)

Day's Change

1.24 - 1.29

Trading Volume

264,000


9 people like this.

2,211 comment(s). Last comment by Gudetamasan 2 months ago

Ayoyo

379 posts

Posted by Ayoyo > 2016-03-02 13:37 | Report Abuse

Is this an otb stock as well? Usually aggressive on the up and equally too downwards. If this is an otb stock, should we be happy or fearful? This stock is so undervalued for its superior performance. I just loaded more on Monday and yesterday when I saw it trading back to 1.55. Too darn cheap at less than 7 pe

Ayoyo

379 posts

Posted by Ayoyo > 2016-03-02 14:27 | Report Abuse

Dunno la. He seems to be a popular man with his mention and footprint everywhere in this forum.

Err, I'm a dumb speculator. I throw a dart on the business done section of the star yesterday. It fell on KimLun so I buy :)

imoogi99

1,640 posts

Posted by imoogi99 > 2016-03-02 18:52 | Report Abuse

Can you help to throw the dart on the price list as well? Lol!

Posted by Pakcik Saham > 2016-03-02 20:17 | Report Abuse

yes, Still undervalued and good to buy

imoogi99

1,640 posts

Posted by imoogi99 > 2016-03-03 10:27 | Report Abuse

If clear 1.67/1.70 today, then expected further move up or else just ding-dong again.

leelc99

871 posts

Posted by leelc99 > 2016-03-03 11:37 | Report Abuse

LOL imoogi99, it's ok let it ding ge ling ding ge long. Ding ding dong dong. We can wait

lks_5291

749 posts

Posted by lks_5291 > 2016-03-03 11:48 | Report Abuse

To break higher ie >1.65, needs announcement of contract awards so that people are convinced with replenished orderbook...

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-04 14:06 | Report Abuse

Wa!PE/G only 0.38

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-04 16:15 | Report Abuse

Lol,suddenly come out 8000lot at 1.60

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-04 16:15 | Report Abuse

Show off.

reiki6

229 posts

Posted by reiki6 > 2016-03-04 16:45 | Report Abuse

price can't even stand at 1.60, will it close below 1.60? ..ermmm

crystal168

1,663 posts

Posted by crystal168 > 2016-03-07 10:05 | Report Abuse

Wah !!! today majority of OTB's call RED.

lks_5291

749 posts

Posted by lks_5291 > 2016-03-07 10:24 | Report Abuse

To describe goreng stocks in vulgar language:
1.) Goreng stock is like gang rape. Everyone also wants to get their turn and hoping not to get sexually transmitted diseases (STD).
2.) After goreng, the stock is like after being gang raped ie exhausted.

Kidding only. haha...

GODinvest

377 posts

Posted by GODinvest > 2016-03-08 16:23 | Report Abuse

Kimlun big sapu kikiki

lks_5291

749 posts

Posted by lks_5291 > 2016-03-09 09:45 | Report Abuse

Awaiting announcement of projects...

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-09 16:31 | Report Abuse

lol! keep ating 1.62

GODinvest

377 posts

Posted by GODinvest > 2016-03-09 18:23 | Report Abuse

Contrustion sector will be shine in 2016 , look at kimlun gadang prtasco 。 profit grow but price not yet performance

lks_5291

749 posts

Posted by lks_5291 > 2016-03-10 09:56 | Report Abuse

huge volume coming early morning... Hopefully will be continuously

domperrier

352 posts

Posted by domperrier > 2016-03-10 10:09 | Report Abuse

Mmmm...doing very well! :D But it was actually down for a few months after I bought into it @ 1.29 in early 2015.

imoogi99

1,640 posts

Posted by imoogi99 > 2016-03-10 11:14 | Report Abuse

Finally, a new high.....another try on closing above 1.70?????

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-10 11:36 | Report Abuse

wakaka!

spectre007

1,410 posts

Posted by spectre007 > 2016-03-10 12:37 | Report Abuse

Blockage at 1.70 woh. .. please break it

aunloke

974 posts

Posted by aunloke > 2016-03-10 12:51 | Report Abuse

Don't be hurry let it takes its time.

hairi

473 posts

Posted by hairi > 2016-03-10 12:59 | Report Abuse

Rm1.46bil pan borneo project.

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-10 13:01 | Report Abuse

just saw it from announcement.wakaka!

spectre007

1,410 posts

Posted by spectre007 > 2016-03-10 13:09 | Report Abuse

Gap up

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-10 13:10 | Report Abuse

total projects of kimlun only 1.1B before Pan Borneo project, now total 1.54B?( kimlun 30% and zecon 70%)

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-10 13:15 | Report Abuse

1. Introduction

The Board of Directors of Kimlun Corporation Berhad (“KIMLUN or the Company”) is pleased to announce that Lebuhraya Borneo Utara Sdn Bhd (“Awarder”) has awarded the contract for the Proposed Development and Upgrading of the Pan Borneo Highway in the State of Sarawak – Serian Round About to Pantu Junction (“Project”) to a joint venture company to be established between our wholly owned subsidiary, Kimlun Sdn Bhd (“KLSB”) and Zecon Berhad.



2. Information on The Project

1

Awarder

Lebuhraya Borneo Utara Sdn Bhd

2

Contract sum

RM 1,460,773,150.55

3

Project duration

48 months from the date of Letter of Award

4

Estimated completion date

End Mar 2020

5

Risk

The Company does not foresee any exceptional risk other than operational risks associated with the Project.



3. Information on The Joint Venture Company (“JVC”)

The JVC will be incorporated in Malaysia under the Companies Act, 1965 as a limited liability company, in due course. The equity interest of KLSB and Zecon in the JVC will be 30% and 70% respectively.

Upon the due incorporation of the JVC, the JVC will enter into a contract with the Awarder on the Project.

The Company will make appropriate announcement to Bursa Malaysia on the JVC pursuant to the Main Market Listing Requirements, in due course.

ms001118

122 posts

Posted by ms001118 > 2016-03-10 14:36 | Report Abuse

time to fly!

sklyte

2,621 posts

Posted by sklyte > 2016-03-10 14:36 | Report Abuse

ZECON got 70% stake, smaller co than kimlun

GODinvest

377 posts

Posted by GODinvest > 2016-03-10 14:39 | Report Abuse

I3 so many FA Investor why no FA investor look on kimlun and write arcitle?

GODinvest

377 posts

Posted by GODinvest > 2016-03-10 14:40 | Report Abuse

Hahaha

yipgusing

483 posts

Posted by yipgusing > 2016-03-10 14:42 | Report Abuse

kimlun dint pay them

ruby828

1,000 posts

Posted by ruby828 > 2016-03-10 14:43 | Report Abuse

still can buy now???

sklyte

2,621 posts

Posted by sklyte > 2016-03-10 14:45 | Report Abuse

why you guys buy kimlun, kimlun only gets 30%, the big chunk is zecon!

Posted by Mohd Fahmi Bin Jaes > 2016-03-10 14:45 | Report Abuse

get project

ruby828

1,000 posts

Posted by ruby828 > 2016-03-10 14:46 | Report Abuse

Mohd Fahmi, can buy this counter now??

domperrier

352 posts

Posted by domperrier > 2016-03-10 14:50 | Report Abuse

Go go GO!!! :D Almost 1st Anniversary of my being shareholder...paid 3.8c div already, 5.8c div cominggggg!!!

lks_5291

749 posts

Posted by lks_5291 > 2016-03-10 15:02 | Report Abuse

Recalled:

Awaiting announcement of projects...
09/03/2016 09:45

I believe there should be more projects coming...

tai yee

697 posts

Posted by tai yee > 2016-03-10 15:02 | Report Abuse

wow.....

yipgusing

483 posts

Posted by yipgusing > 2016-03-10 15:04 | Report Abuse

this stock will reach at least rm2 la ...

Posted by alfredchxx > 2016-03-10 15:10 | Report Abuse

good project, even 1.80 also cheap

imoogi99

1,640 posts

Posted by imoogi99 > 2016-03-10 15:15 | Report Abuse

This is one part/parcel of the highway. There are many parcels. Kimlun is the main supplier of all those precast slabs that need in the highway building. For those who do not know what Kimlun, suggest to go to their website and see what they're expert in.

lks_5291

749 posts

Posted by lks_5291 > 2016-03-10 16:01 | Report Abuse

Well said , imoogi99...

"Manufacturing generates higher margins. Kimlun operates two manufacturing plants – in Ulu Choh in Johor, and a newer plant in Senawang, Seremban. It manufactures concrete products such as segmental box girders and other reinforced precast concrete products for the infrastructure and building sectors in Malaysia and Singapore. 4Q manufacturing segment margins recorded a strong margins of 33.8% buoyed by larger sales orders for jacking pipes and better TLS margins"

MRT Line2 may contribute more than this project... expected be awarded in 2Q16

mamatede

3,950 posts

Posted by mamatede > 2016-03-10 16:29 | Report Abuse

0.058 dividend coming soon.. That's 3.4% at current price

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-10 16:29 | Report Abuse

Wa!big boss sold 5k lot.

ruby828

1,000 posts

Posted by ruby828 > 2016-03-10 16:55 | Report Abuse

alamak.....

reiki6

229 posts

Posted by reiki6 > 2016-03-10 17:24 | Report Abuse

@yeekarwai88 5k lots? where u got such info?

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-10 17:27 | Report Abuse

In my statement, big boss not represent director.
I mean big shark,haha.
My statement make you confuse.

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