Posted by Beginner1989 > 2014-03-07 16:15 | Report Abuse

argh...if it could close at 3.65.. how good it is..

Posted by alex2012 > 2014-03-07 16:23 | Report Abuse

as long as cpo continue up...show will continue...check out the NBPOL price as well, they are co-related...

http://finance.yahoo.com/q?s=nbpo.l

Posted by mbuv4res > 2014-03-09 19:31 | Report Abuse

Sold all kulim but the next day went up. Buy back at higher price. Kulim is like that, if you don't have any, it will go up. This time will put inside the treasury box and forget about it.

Posted by asoh > 2014-03-10 10:12 | Report Abuse

down today, can buy back lol...cpo steadly acent..

Posted by mbuv4res > 2014-03-10 11:57 | Report Abuse

It is very difficult to earn from this counter. The way they control are tactful. Ask people to sell
at 3.40 and two days later pushed up to 3.64. Dirty Fox.

Posted by mbuv4res > 2014-03-11 12:30 | Report Abuse

Always making people lose money. tortoise counter. Rest again.

Posted by alex2012 > 2014-03-11 15:44 | Report Abuse

patients...this counter will only move when big player buy, like epf, kumpulan wang persaraan & johor corporation...
as long as cpo up, they will keep on buying ...slowly...

Posted by mbuv4res > 2014-03-11 16:10 | Report Abuse

All the big players has gone to MAS, sementara selamat malam.

Posted by 1901 > 2014-03-11 16:31 | Report Abuse

good, I'll buy now n sell to them when they are back!

Posted by mbuv4res > 2014-03-11 17:13 | Report Abuse

This counter very smart, they avoid the selling presure of contra players.

Posted by mbuv4res > 2014-03-13 12:29 | Report Abuse

The person controlling this share must be very bad character. Go to HELL YOU.

Posted by mbuv4res > 2014-03-13 12:33 | Report Abuse

Go long sleep and never get up.

Posted by mbuv4res > 2014-03-13 15:20 | Report Abuse

Kulim, you better go to hell.

Posted by alex2012 > 2014-03-13 15:27 | Report Abuse

kulim should go to heaven...

Posted by Up_down > 2014-03-13 16:01 | Report Abuse

Kulim's profitability is much depended on the performance of New Britain Palm Oil (NBPOL) which accounted about 60% of its entire turnover. Currently, Kulim holds 48% of ordinary shares in NBPOL.

When reviewing the performance of past 2 quarters, we understand that NBPOL was actually entered a forward contract to fixed the CPO prices for immediate next quarter. I would expect the performance of 1st quarter 2014 would be much better than the last quarter given forward contract CPO prices in the end of 3rd quarter was lower comparing with 4th quarter or about 8%.


Here's the extract notes from New Britain Palm Oil ( NBPOL's)'s quarterly announcement in year 2013:

3rd quarter 2013 reports:

" As at the end of September, the Group had 38,500 tonnes of CPO sold or priced forward into the fourth quarter at an average price of USD 853 per tonne. We are continuing with our established forward selling strategy where we believe it can deliver the best prices for the Group and have since added 29,000 tonnes at an average price of USD 886 per tonne, as well as 35,000 tonnes into 2014 at USD 905 per tonne."

4th quarter 2013 reports:

" As at the year end, the Group had made forward sales of CPO of approximately 76,000 tonnes of its 2014 production at an
average price of USD 922/tonne; as at 21 February 2014 the forward sales of CPO of the Group were approximately 121,000 tonnes at an average price of USD 927/tonne "

Posted by alex2012 > 2014-03-13 16:06 | Report Abuse

meaning kulim will go up to heaven soon...

Posted by alex2012 > 2014-03-13 16:12 | Report Abuse

if today can close at 3.58 or above, another wave will start..

Posted by wannabeinvestor > 2014-03-13 16:13 | Report Abuse

is even better to accumulate now..despite falling today :)

Posted by Up_down > 2014-03-13 16:14 | Report Abuse

I don't know the share price movement. If you look at Kulim's announcement of 4th quarter 2013 results under segmental information, NBPOL was actually suffered minor loss about RM 4 million back with RM 407 million turnover. I would expect NBPOL will contribute profit in coming quarter as CPO prices had been riding high recently.

Posted by Up_down > 2014-03-13 16:18 | Report Abuse

Information:

NBPOL is a large scale integrated industrial producer of sustainable palm oil in Australasia, headquartered in Papua New Guinea (PNG). It has over 78,000 hectares of planted oil palm estates, over 7,700 hectares of sugar cane and a further 9,200 hectares of grazing pasture; twelve oil mills; two refineries, one in PNG, and one in Liverpool, UK; and a seed production and plant breeding facility. The Company is listed on both the Main Market of the London Stock Exchange and on the Port Moresby Stock Exchange in PNG.

NBPOL is fully vertically integrated, producing its own seed (which it also sells globally), planting, cultivating and harvesting its own land, and processing and refining palm oil (both in PNG and the UK). It also contracts directly with its end customers in the EU and arranges shipping of its products.

NBPOL has high regard for the importance of its sustainability credentials and is active in proving its performance through its certification to ISO 14001 and its close involvement and support of the Roundtable on Sustainable Palm Oil ("RSPO"). The Company is a certified supplier of sustainable palm oil from its entire production base in PNG and Solomon Islands, under the RSPO guidelines.

Posted by alex2012 > 2014-03-13 16:19 | Report Abuse

after our discussion, kulim start to move...

Posted by Up_down > 2014-03-13 16:34 | Report Abuse

A part from improving in operation results of NBPOL, I would expect a foreign exchange gain in foreign currency loan given PNG-KINA against USD has been appreciated about 5% since 31 Dec 2013.

In fact, NBPOL was suffered loss in foreign exchange due to weakening PNG-KINA.

Extracted:

" Net Foreign Exchange Loss

The lower PGK-USD exchange rate has resulted in year to date currency losses of USD 24.9 million as compared to USD 12.0 million of currency gains in the same period last year.

The year to date net foreign exchange losses reported are comprised primarily of non-cash currency adjustments on the Group's US Dollar denominated loans. "

Posted by alex2012 > 2014-03-13 16:38 | Report Abuse

big player off-loading...better run first...

Posted by Up_down > 2014-03-13 16:41 | Report Abuse

Big players wants to wipe out weak holders before moving to another level.

Posted by alex2012 > 2014-03-13 16:48 | Report Abuse

queue volume so small...want to buy/sell also hard...

Posted by mbuv4res > 2014-03-13 17:20 | Report Abuse

Kulim, you better jump into the sea and never come out.

Posted by Up_down > 2014-03-13 19:02 | Report Abuse

Kulim jumped into sea for bathing...to clean up dirt. It doesn't matter.

Posted by mbuv4res > 2014-03-13 20:03 | Report Abuse

Ha..Ha.. You are right. Kulim is too dirty , very bad smell. It need reformation. Not only trap people.

Posted by mbuv4res > 2014-03-13 20:05 | Report Abuse

Kulim, if you go too deep into the sea. The first to die is you, KULIM.

Posted by mbuv4res > 2014-03-14 10:07 | Report Abuse

You want to go to 3.10 again.

Posted by alex2012 > 2014-03-14 10:38 | Report Abuse

mbuv4ers, why so upset? what is your average price?
kulim down is good, can buy more...

Posted by mbuv4res > 2014-03-14 12:28 | Report Abuse

If not because MAS, i think is diff. The epf has to change the fund to support mas. Pls DON'T touch, my advise.

Posted by alex2012 > 2014-03-14 16:30 | Report Abuse

NBPOL also drop...

Posted by Up_down > 2014-03-14 16:44 | Report Abuse

It's the temporary correction during uptrend unless dry weather spell and potential El Nino factors disappeared.

Posted by alex2012 > 2014-03-14 16:45 | Report Abuse

looks like somebody is collecting...

Posted by mbuv4res > 2014-03-14 16:47 | Report Abuse

vomiting or sucking ? KULIM, are you O.k.?

Posted by Up_down > 2014-03-14 16:48 | Report Abuse

Collecting at cheap price now especially Kulim-WC.

Posted by alex2012 > 2014-03-14 16:51 | Report Abuse

my place raining today...

Posted by Beginner1989 > 2014-03-17 10:26 | Report Abuse

Ops. what happend with these drop!!!

Posted by alex2012 > 2014-03-17 10:32 | Report Abuse

big player off load...great chance to collect...

Posted by Beginner1989 > 2014-03-17 10:59 | Report Abuse

why are they off load then.. =.=

Posted by alex2012 > 2014-03-17 11:29 | Report Abuse

take profit maybe...

Posted by wannabeinvestor > 2014-03-17 14:31 | Report Abuse

Create fear...

Posted by Minami Hagiwara > 2014-03-21 16:33 | Report Abuse

kulim, you are another missing plane, kepala pusing ? shares cannot go up everyday as well as cannot go down everyday but kulim you can. I am waiting for you at 3.10.

Posted by Minami Hagiwara > 2014-03-21 16:53 | Report Abuse

Everyday enjoy your performance.

Posted by klinnsman39 > 2014-03-21 22:16 | Report Abuse

kulim is time to go north ...nothing in south...lol

Posted by wannabeinvestor > 2014-03-22 02:36 | Report Abuse

Rebound at 3.30:)

Posted by Minami Hagiwara > 2014-03-22 08:05 | Report Abuse

Kulim one way ticket long stay in holland.

Posted by Beginner1989 > 2014-03-22 12:34 | Report Abuse

are investors purposely pushing the prices down?

Posted by Up_down > 2014-03-22 12:59 | Report Abuse

Nothing to worry about unless CPO prices stop heading north due to vanishing of potential El Nino.