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 > 2021-07-06 19:01 | Report Abuse

red 0.605

strattegist

23,459 posts

Posted by strattegist > 2021-07-07 17:38 | Report Abuse

flat 0.605

EVO118

2,144 posts

Posted by EVO118 > 2021-07-08 09:15 | Report Abuse

Looks like power of UMNO coming back in some form.

strattegist

23,459 posts

Posted by strattegist > 2021-07-08 18:54 | Report Abuse

red 0.59

Posted by Miz Raya Bloom > 2021-07-09 12:10 | Report Abuse

dah makan ke belum wahai mambang

strattegist

23,459 posts

Posted by strattegist > 2021-07-09 20:25 | Report Abuse

green 0.60

strattegist

23,459 posts

Posted by strattegist > 2021-07-12 17:59 | Report Abuse

red 0.585

strattegist

23,459 posts

Posted by strattegist > 2021-07-13 17:50 | Report Abuse

flat 0.585

John1234

2,020 posts

Posted by John1234 > 2021-07-13 19:16 | Report Abuse

After one big merry-go-round circle, KUB Malaysia is back to square one at 58.5 sen again. For some, this can be rather frustrating. But, if we compare it to the steeper drops of mkt favorites such as steel counters, this is perhaps an offsetting consolation for being a laggard.

Since the last asset sale of 2 oil palm lands for KUB Malaysia, we have yet to hear from the company of any further asset disposals. With CPO prices projected to hover between RM3,000 and RM4,000 per tonne this year, finding a buyer with the right price should not be too difficult. Look at TSH Resources, it has just clinched an oil palm asset sale deal.
https://www.theedgemarkets.com/article/tsh-resources-sabah-oil-palm-asset-sale-good-deal-%E2%80%94-analysts

strattegist

23,459 posts

Posted by strattegist > 2021-07-14 17:39 | Report Abuse

flat 0.585

strattegist

23,459 posts

Posted by strattegist > 2021-07-15 17:50 | Report Abuse

flat 0.585

aliyusof

1,393 posts

Posted by aliyusof > 2021-07-16 16:38 | Report Abuse

Strattegist, no report on today's price from u? Ha ha

strattegist

23,459 posts

Posted by strattegist > 2021-07-16 23:13 | Report Abuse

green 0.595

strattegist

23,459 posts

Posted by strattegist > 2021-07-19 17:51 | Report Abuse

flat 0.595

Posted by kamirise360 > 2021-07-19 17:56 | Report Abuse

Really tiny movement

Posted by strattegist > Jul 19, 2021 5:51 PM | Report Abuse

flat 0.595

John1234

2,020 posts

Posted by John1234 > 2021-07-19 18:57 | Report Abuse

KUB Malaysia is usually locked in small price movements. The only times we can expect a good play by the mkt operator are the price spikes immediately before or after the release of some good news like an asset sale, good corporate result, etc.

Most of the times, mkt operator knows the timing of the news better than we do.

strattegist

23,459 posts

Posted by strattegist > 2021-07-21 18:06 | Report Abuse

flat 0.595

strattegist

23,459 posts

Posted by strattegist > 2021-07-22 21:39 | Report Abuse

flat 0.595

strattegist

23,459 posts

Posted by strattegist > 2021-07-23 17:54 | Report Abuse

green 0.605

Posted by Miz Raya Bloom > 2021-07-26 10:27 | Report Abuse

apa khabar sini?

EVO118

2,144 posts

Posted by EVO118 > 2021-07-30 15:36 | Report Abuse

Let it go JOH. It's only a matter of time before we get rid of the MOO MOO COW. Just put your concentration on this coy.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-30 17:00 |

Post removed.Why?

John1234

2,020 posts

Posted by John1234 > 2021-07-30 21:57 | Report Abuse

This thread is getting so quiet nowadays. We lack more quality inputs on the company's progress from the better-informed, eg Luckyboy88, etc...
---------------------------------------------------------------------------------
Luckyboy88 All sector of business are booming.
1) telecom - 5g rollout, with KUB as a bumi entity
2) energy - LPG which is 1 of main revenue contributor will rise in tandem with crude oil.
3) plantation - current CPO price is very encouraging and will stay as there is no big expention for major players. World population is on exponential growth.
4) property - not much catalyst but Kub had many land banks acquired 30++ years back without land price revalued. Once did NTA will boost up.
Bonus is up coming land sales in state of johor alone with net profit of 25 eps soon.

Conclusion : price will gradually Increase,.

This month I hit on Wong engineering and lbalum. Waiting for u Kub darling, cheers
21/02/2021 1:06 PM

John1234

2,020 posts

Posted by John1234 > 2021-08-02 19:13 | Report Abuse

Wow, nobody responded. Looks like we have got to wait for the official quarterly report from the company this month then...

Hafid

1,135 posts

Posted by Hafid > 2021-08-06 14:57 | Report Abuse

i heard KUB GO BACK TO DEVELOP THE PLANTATION AND ALL PEAT AT MUKAH DIVISION.

Hafid

1,135 posts

Posted by Hafid > 2021-08-06 14:58 | Report Abuse

PEAT FOR OIL PALM WHERE THE COST IS DOUBLE THAN THE MINERAL SOIL.

John1234

2,020 posts

Posted by John1234 > 2021-08-07 11:36 | Report Abuse

Noted, Hafid. Got to wait for more updates from the quarterly report then.

peterchua

41 posts

Posted by peterchua > 2021-08-09 11:06 | Report Abuse

If you guys read carefully Item 7: Subsequent Events from last QR, the latest quarter would be super profit due to 2 assets disposal completed within period. Gain RM122.2 mil, lose RM18.7 mil, so at least RM103 mil from asset disposal, which is close to 19c EPS. If they make gain from Operation, then the number would be higher. Hence the reason, why the price stays tightly between 58c - 64c because someone is collecting due to this. Once QR is out, the price may spike as what happened to MSM Holdings.



Attached is the extracted statement from their last QR

"On 10 June 2020, KUB Agro Holdings Sdn Bhd entered into a Sale and Purchase Agreement to dispose its two (2) oil palm estates in Kluang, Johor for a total cash consideration of RM158.0 million. The transaction was completed in the subsequent quarter ie. on 2 April 2021, with the Group recording a gain on disposal of approximately RM122.2 million.

On 8 April 2021, the Company entered into a Share Sale Agreement (“SSA”) with Tradewinds Plantation Berhad for the disposal of its 100% equity interest in KUB Malua Plantation Sdn Bhd (“KUB Malua”) comprising 10,000,000 ordinary shares for a total cash consideration of RM10.549 million as determined at the completion date. The transaction was completed on 30 April 2021
and the Group is expected to record a one-off estimated net loss on disposal of approximately RM18.7 million mainly as a result of non-recoverability of the Company’s prior intercompany advances to KUB Malua."

peterchua

41 posts

Posted by peterchua > 2021-08-09 11:15 | Report Abuse

Btw, there is information saying that their LPG storage vessel construction is moving ahead albeit at slower pace due to NRP1.0. This project would lower their cost as they can store LPG product prior to filling and distribution, from current practice. So once completed and successfully commissioned, they can proceed to expand their coverage to whole Malaysia.

gogogolee

133 posts

Posted by gogogolee > 2021-08-18 09:04 | Report Abuse

yesterday asb, today kub

gogogolee

133 posts

Posted by gogogolee > 2021-08-18 09:14 | Report Abuse

tks 680 sold

Posted by chok sharon > 2021-08-18 09:18 | Report Abuse

any good news

peterchua

41 posts

Posted by peterchua > 2021-08-18 09:19 | Report Abuse

too early to sell. Heard that TS Johari was called for UMNO meeting yesterday. Probably he would be nominated as MoF if UMNO candidate become PM.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-08-18 09:24 | Report Abuse

Nice

Posted by chok sharon > 2021-08-18 09:39 | Report Abuse

but only rumour

EVO118

2,144 posts

Posted by EVO118 > 2021-08-18 11:36 | Report Abuse

Good turnover on rumours. Time to hop on some of these BN friendly counters before the next GE.

rr88

6,532 posts

Posted by rr88 > 2021-08-18 15:36 | Report Abuse

Ismail sabri rally has failed. Sell if u dont want to get stuck.

EVO118

2,144 posts

Posted by EVO118 > 2021-08-18 16:35 | Report Abuse

It is gone. Definitely a BN PM. Forget about Anwar, all talk can't perform when required.

ChloeTai

1,452 posts

Posted by ChloeTai > 2021-08-19 00:05 | Report Abuse

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=6874
It is NOT a money losing company.

ChloeTai

1,452 posts

Posted by ChloeTai > 2021-08-19 00:34 | Report Abuse

Exclusive: 114 for Ismail Sabri, King calls to verify https://www.thestar.com.my/news/nation/2021/08/18/exclusive-king-calls...

williamtkb

3,216 posts

Posted by williamtkb > 2021-08-19 06:42 | Report Abuse

Limit up today??? I won't invest in such company. Don't let them take your hard earn money to support those politicians.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-19 08:53 |

Post removed.Why?

gogogolee

133 posts

Posted by gogogolee > 2021-08-19 09:50 | Report Abuse

today limit down ,ha

aliyusof

1,393 posts

Posted by aliyusof > 2021-08-19 10:05 | Report Abuse

Umno PM confirmed, 114 iMP in queue in 5 batched to King from 10am till 430pm today.

aliyusof

1,393 posts

Posted by aliyusof > 2021-08-19 10:06 | Report Abuse

Anwar game over

aliyusof

1,393 posts

Posted by aliyusof > 2021-08-20 17:29 | Report Abuse

Kub umno counter, limit up monday? Big shark pushed down its price today?

DickyMe

14,884 posts

Posted by DickyMe > 2021-08-20 17:30 |

Post removed.Why?

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