KUB MALAYSIA BHD

KLSE (MYR): KUB (6874)

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Last Price

0.71

Today's Change

-0.01 (1.39%)

Day's Change

0.71 - 0.72

Trading Volume

14,100


5 people like this.

4,979 comment(s). Last comment by cK1973 2024-07-05 11:55

strattegist

23,459 posts

Posted by strattegist > 2020-12-10 11:01 | Report Abuse

soft

strattegist

23,459 posts

Posted by strattegist > 2020-12-10 17:34 | Report Abuse

closed flat... okay

strattegist

23,459 posts

Posted by strattegist > 2020-12-11 09:36 | Report Abuse

weak

Posted by Miz Raya Bloom > 2020-12-11 09:46 | Report Abuse

deal jual beli extended sebulan, so ku agak2 end of the year atau awal tahun baru jalan

EVO118

2,144 posts

Posted by EVO118 > 2020-12-11 09:49 | Report Abuse

KUALA LUMPUR (Dec 10): KUB Malaysia Bhd (KUB) said the fulfilment of the conditions under the Sale and Purchase Agreement (SPA) signed between its indirect wholly-owned subsidiary, KUB Agro Holdings Sdn Bhd, and Beradin Plantation Sdn Bhd has been extended by 30 days until Jan 8, 2021.

Under the SPA made on June 10, 2020, KUB Agro Holdings had proposed to dispose of two oil palm estates in Kluang, Johor to Beradin Plantation for RM158 million cash.

"The compliance period for the fulfilment of the conditions precedent under the SPA made between KUB Agro Holdings and Beradin Plantation has been extended by 30 days until Jan 8, 2021," said CIMB Investment Bank Bhd in a filing to Bursa Malaysia, on behalf of KUB.

"Save for the above, all other terms of the SPA remain unchanged," it said.

https://www.theedgemarkets.com/article/kub-indirect-unit-gets-extension-proposed-disposal-oil-palm-estates

strattegist

23,459 posts

Posted by strattegist > 2020-12-11 16:21 | Report Abuse

soft

strattegist

23,459 posts

Posted by strattegist > 2020-12-11 17:10 | Report Abuse

closed red

strattegist

23,459 posts

Posted by strattegist > 2020-12-14 10:03 | Report Abuse

soft

strattegist

23,459 posts

Posted by strattegist > 2020-12-14 12:49 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2020-12-14 18:41 | Report Abuse

closed red

strattegist

23,459 posts

Posted by strattegist > 2020-12-15 16:59 | Report Abuse

green

strattegist

23,459 posts

Posted by strattegist > 2020-12-15 17:20 | Report Abuse

closed green

strattegist

23,459 posts

Posted by strattegist > 2020-12-16 09:29 | Report Abuse

steady

strattegist

23,459 posts

Posted by strattegist > 2020-12-16 09:46 | Report Abuse

green

strattegist

23,459 posts

Posted by strattegist > 2020-12-16 15:02 | Report Abuse

sustain

strattegist

23,459 posts

Posted by strattegist > 2020-12-16 17:16 | Report Abuse

closed flat

strattegist

23,459 posts

Posted by strattegist > 2020-12-17 14:55 | Report Abuse

soft

strattegist

23,459 posts

Posted by strattegist > 2020-12-18 11:35 | Report Abuse

weak

Posted by Miz Raya Bloom > 2020-12-24 10:12 | Report Abuse

mambang :)

strattegist

23,459 posts

Posted by strattegist > 2020-12-28 12:33 | Report Abuse

soft

strattegist

23,459 posts

Posted by strattegist > 2020-12-29 10:29 | Report Abuse

pegun

strattegist

23,459 posts

Posted by strattegist > 2020-12-29 18:02 | Report Abuse

closed green

strattegist

23,459 posts

Posted by strattegist > 2020-12-30 09:50 | Report Abuse

soft

strattegist

23,459 posts

Posted by strattegist > 2020-12-30 18:30 | Report Abuse

closed red

Loh Kok Wai W

3,717 posts

Posted by Loh Kok Wai W > 2020-12-30 19:48 | Report Abuse

waste your time n money counter.....

strattegist

23,459 posts

Posted by strattegist > 2020-12-31 10:08 |

Post removed.Why?

John1234

2,020 posts

Posted by John1234 > 2021-01-01 10:22 | Report Abuse

CPO prices are at 8 years high and its last quarter's result was credible. But why is this counter still languishing at current level?

In my opinion, these are possibly the reasons:
1. Lack of coverage/promotion for this counter: No brokerage houses actively cover this counter. Even our forumers are not actively promoting this counter here.
2. The company is undergoing a transformation of business portfolios, away from plantation business and into midstream LPG business by 2021.
3. No declaration of dividends to attract longer-term investors.

The lack of interest in this counter is evidenced from the low trading volumes recently. This gives a good opportunity for the operator to collect cheap tickets on the quiet, for the next push up.

January is traditional the best calendar month of the year for small and mid-cap stocks as we gear up for the CNY. Let's see if the tide will lift up this laggard counter.

Do your own homework. Buy or sell at own risks.
---------------------------------------------------------------------------------
Loh Kok Wai W waste your time n money counter.....

John1234

2,020 posts

Posted by John1234 > 2021-01-01 10:28 | Report Abuse

I bought some shares yesterday at 59 sen as I felt genuine selling had dried up.

strattegist

23,459 posts

Posted by strattegist > 2021-01-04 09:44 | Report Abuse

sustain

John1234

2,020 posts

Posted by John1234 > 2021-01-04 12:46 | Report Abuse

Our market started weak on the 1st trading day of 2021, reeling from the termination of the KL-Singapore High Speed Rail(HSR) project. Many of the high fliers(eg steel counters) got sold down.

I thought I could scoop up more of this counter at much lower prices. But operator did not churn it down below 58 sen. For 58 sen, we need to queue far behind the operator. Lol.

Loh Kok Wai W

3,717 posts

Posted by Loh Kok Wai W > 2021-01-04 14:47 | Report Abuse

strattegist...........no any good comment.....

wan161

515 posts

Posted by wan161 > 2021-01-04 16:22 | Report Abuse

buy??

John1234

2,020 posts

Posted by John1234 > 2021-01-04 17:26 | Report Abuse

Today, market mood was spoilt by counters related to the KL-Singapore HSR project cancellation and a sharp (continuing) drop in the glove counters.

When the broader market was bad, this counter was not spared too. But I am not unduly worried as it offers bargain hunters a chance to collect more.
https://www.theedgemarkets.com/article/bursa-malaysia-see-cautious-trading-first-week-2021

strattegist

23,459 posts

Posted by strattegist > 2021-01-04 17:36 | Report Abuse

closed flat

John1234

2,020 posts

Posted by John1234 > 2021-01-05 10:34 | Report Abuse

I was told the sharp drop of the glove counters yesterday was in large part caused by RSS(Regulated Short Selling) activities of the big boys.

Fortunately, this counter is not in the RSS list. So, it is safe from RSS attacks. We just need to put up with the day-to-day churning activities from the mkt operator. Less volatile.

John1234

2,020 posts

Posted by John1234 > 2021-01-05 10:44 | Report Abuse

Yesterday, the operator churned a total vol of 2,162,400 traded shares. As of now, only 227,600 traded shares. He has to work harder, haha...

strattegist

23,459 posts

Posted by strattegist > 2021-01-05 12:27 | Report Abuse

soft

John1234

2,020 posts

Posted by John1234 > 2021-01-05 13:22 | Report Abuse

At least, we can expect good quarterly results from its plantation business last quarter and this quarter. Also, when CPO prices are good, the company will be able to dispose of its remaining plantation business at a good price too.
https://www.theedgemarkets.com/article/cpo-prices-remain-above-rm3000-...
https://www.theedgemarkets.com/article/palm-oil-palm-export-value-surpass-rm70b-%E2%80%94-minister

John1234

2,020 posts

Posted by John1234 > 2021-01-06 13:37 | Report Abuse

I was spot on to say that genuine selling had almost dried up. After churning down more actively in the past 2 days, the traded vol came down to a trickle of merely 70,100 traded shares this morning.

Apparently, the market operator is taking a break and stops churning after futile attempts for now.

Talking about churning, I would say nobody can hardly beat the goreng master of Awanbiru Technology(previously known as Prestariang Berhad). After collecting cheap from a rights issue with free warrants, he started to churn up their share prices almost non-stop everyday, until his cheap rights and warrants got almost fully distributed.

This morning, he started to do a major shake-out by churning down the share prices of both the rights and warrants in huge vol, hoping to collect them back at much lower prices. A master-grade market operator indeed!

strattegist

23,459 posts

Posted by strattegist > 2021-01-06 17:20 | Report Abuse

closed flat

strattegist

23,459 posts

Posted by strattegist > 2021-01-07 11:21 | Report Abuse

soft

Posted by gentlefolk > 2021-01-07 11:48 | Report Abuse

Just asking an opinion, is this company (KUB) keep into my portfolio for mid/long term? Seems nobody interested with this stock. Volume traded also low everyday.

strattegist

23,459 posts

Posted by strattegist > 2021-01-07 11:53 | Report Abuse

long term investment... strictly my view only okay..

Posted by gentlefolk > 2021-01-07 12:55 | Report Abuse

I’ve read an article about they in process fully diversify their business into liquid petroleum gas. It is a good catalyst for the share price?

John1234

2,020 posts

Posted by John1234 > 2021-01-07 13:20 | Report Abuse

Gentlefolk, I have already explained earlier why this counter has not been too active. You may check back my past postings.

Usually, we invest for 2 things: capital gain or/and dividend. Unfortunately, this counter does not declare dividends as it needs extra funds for transformation. So, we can only go for capital gains. This explains why punters/traders will be keenly attracted to buy only when trading vol is ramped up as a result of more active churnings by the operator on positive catalysts, eg release of good quarterly results and/or sale of assets, etc.

As CPO prices are doing well, we can at least expect good quarterly results from the company's plantation business last quarter and this quarter, plus possibly some more asset sale news in the making.

To be very frank, a discerning investor will like to nibble at counters when trading vol is very low and price, attractive. But this is no easy feat as it requires some skills and knowledge of the company. Fortunately, we can use the dollar cost averaging method to average out our buying costs.

To invest longer-term, a company must demonstrate a proven track record of consistently good profits in a growing industry, plus declaring dividends on a regular basis.

Just my views.

John1234

2,020 posts

Posted by John1234 > 2021-01-07 13:35 | Report Abuse

The company is going into midstream LPG business(for higher profit margins?). Whether the share price will go up will depend on how successful the company can turn around the business.

Frankly, I am not able to comment.

strattegist

23,459 posts

Posted by strattegist > 2021-01-07 17:26 | Report Abuse

closed red

strattegist

23,459 posts

Posted by strattegist > 2021-01-08 11:02 | Report Abuse

green

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