KUCHAI DEVELOPMENT BHD

KLSE (MYR): KUCHAI (2186)

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Last Price

1.33

Today's Change

+0.01 (0.76%)

Day's Change

1.33 - 1.33

Trading Volume

4,500


4 people like this.

856 comment(s). Last comment by Jimmy Lim 2 months ago

Posted by Bedakong116 > 2021-09-13 17:42 | Report Abuse

Their market cap is only RM220m!

AhPek

109 posts

Posted by AhPek > 2021-09-14 11:32 | Report Abuse

Their income mainly derived from GE in S'pore. S'pore's economy should pick up faster.

Posted by risktoreward > 2021-09-24 15:13 | Report Abuse

released kuchai @ 1.80

AhPek

109 posts

Posted by AhPek > 2021-10-05 15:48 | Report Abuse

Look out for Kuchai. 1.98

TheContrarian

7,394 posts

Posted by TheContrarian > 2021-10-05 16:17 | Report Abuse

Go, go, go Kuchai.

Slc1

850 posts

Posted by Slc1 > 2021-10-05 16:33 | Report Abuse

Kuchai go go go....

Diamond7

1,955 posts

Posted by Diamond7 > 2021-10-05 17:07 | Report Abuse

Vow
Any news?

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2021-10-05 20:20 | Report Abuse

yes. good news

Posted by Stronkstock > 2021-10-05 22:21 | Report Abuse

What is this stock? Anyone can share?

Posted by Antfinance > 2021-10-05 22:38 | Report Abuse

Soon after Kuala Lumpur Kepong Bhd completed the acquisition of a 56.2% stake in IJM Plantations Bhd from IJM Corp Bhd, two low-profile plantation counters — Kluang Rubber Co (Malaya) Bhd and Sungei Bagan Rubber Co (Malaya) — saw strong buying interest last week. They rallied by as much as 21.8% and 37.8% respectively, to their highest levels in more than three years.

Their sister company, Kuchai Development Bhd, also gained 27.4% during the week.

These three companies are controlled by Singaporean businessman Lee Thor Seng via The Nyalas Rubber Estates Ltd, but their shares have not seen much interest on the market over the years.

In May this year, Sungei Bagan announced an asset swap deal that would effectively see The Nyalas Rubber Estates having greater control over Kuchai Development, which has a stake in Great Eastern Holdings Ltd —its prized asset.

This would also allow Sungei Bagan to simplify its ownership structure. Note that its legacy cross-shareholdings with Kuchai Development have been in place for more than 20 years. Currently, Sungei Bagan is 32.21%- and 26.51%-owned by Kluang Rubber and Kuchai Development respectively.

Under the proposal, Sungei Bagan is to give up its 9.44% stake in Kuchai Development to The Nyalas Rubber Estates.

The period for fulfilment or waiver of all the conditions as set out in the agreement has been extended for three months to Dec 7, 2021.

Are the recent share price gains a sign that more corporate exercises could be on the cards for these three companies?

Perhaps they need to put in more effort to create value for their shareholders — be it via mergers and acquisitions or the disposal of non-core assets — in view of the prevailing elevated crude palm oil prices. This is especially when they have healthy balance sheets, sitting on cash piles with almost no debt.

Posted by zildjian > 2021-10-05 23:54 | Report Abuse

kuchai smelly smelly 2.370

dompeilee

11,143 posts

Posted by dompeilee > 2021-10-11 15:34 | Report Abuse

Looks to be correcting again =)

Posted by Calvinharris > 2021-10-12 07:29 | Report Abuse

Dompeilee, 你认为Kuchai 值多少钱?

Posted by Calvinharris > 2021-10-12 07:30 | Report Abuse

它好像会有被收购的价值。现在超低的。

krish52

245 posts

Posted by krish52 > 2021-10-12 07:36 | Report Abuse

the minority shareholders in these companies should not be compromised at any cost.

AhPek

109 posts

Posted by AhPek > 2021-10-12 08:30 | Report Abuse

What exercise are they intending to do?

Posted by stockintalk > 2021-10-12 08:33 | Report Abuse

净资产这么高,又是净现金公司。你说呢?

Posted by stockintalk > 2021-10-12 08:35 | Report Abuse

这几天,我和我几位同事和亲友们都在累计RM2.00 以下。
不涨就不涨咯,守着。
一旦涨了,相信可以看见RM3.00-RM5.00 不等。(我个人相信)

Posted by zildjian > 2021-10-14 23:18 | Report Abuse

十八子家族闭上眼RM3.00一定来的一天

Posted by zildjian > 2021-10-14 23:21 | Report Abuse

估仔RM2以下很值得累计的,太便宜了!

Posted by zildjian > 2021-10-14 23:26 | Report Abuse

若要守着, 确定的要身强力壮 长寿 过那只 老 李!

Posted by longtermvaluegain > 2021-10-18 06:59 | Report Abuse

早安,各位!

https://www.stockopedia.com/share-prices/great-eastern-holdings-SGX:G07/

Great Eastern Singapore Share price
S$ 21.65

Kuchai shake in Great Eastern Singapore more than 3,000,000 shares.
3 mil shares @S$ 21.65
=S$ 64,950,000

S$1.00=RM3.08

Kuchai's 3 mil shares in Great Eastern Singapore WORTH RM 200,046,000

单单我们只是计算Kuchai的那3 mil shares in GE Singapore都高达RM 2 亿令吉, 还没加上Kuchai 集团本身也已经是处于净现金公司状态的RM20 mil多呢!

Kuchai股本只有123.75 mil 张票.

这里,每股净现金而已都已经等于RM 1.78 价值.

别忘了,也别误会,Kuchai集团的净资产per share (NTA rm 3.925 ) 是没包括Kuchai 那个3 mil shares in Great Eastern Singapore呢!

Slc1

850 posts

Posted by Slc1 > 2021-10-22 11:09 | Report Abuse

Kuchai go go go...

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2021-10-26 11:15 | Report Abuse

watch out this kuchai kluang and sbagan! it’s coming

Posted by Calvinharris > 2021-11-02 16:00 | Report Abuse

pang72, kamu nampak berminat dengan KUCHAI ( golden pig 金猪股)
cuma belum sampai masanya.

Posted by mayongzheng > 2021-11-05 07:40 | Report Abuse

Huatlau, Kuchai miliki 3 mil units share dalam Great Eastern Singapore.
Satu hari nanti, bila jual 3 mil share itu, semua pemegang saham Kuchai tak kira major, minor or retailers shareholders, kemungkinan besar paling kurang bakal diagihkan RM1.60/unit dividend share.

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2021-11-08 16:22 | Report Abuse

come on 1.600

AhPek

109 posts

Posted by AhPek > 2021-11-09 16:42 | Report Abuse

What is happening to Kuchai?

Posted by mayongzheng > 2021-11-09 18:13 | Report Abuse

Correction price.

Posted by birkincollector > 2021-11-12 17:06 | Report Abuse

wah 12mil shares off market transaction at 2.37...privatisation??

Posted by Calvinharris > 2021-11-12 17:20 | Report Abuse

KUCHAI cuma ada 123.75 mil issued share.

Posted by Calvinharris > 2021-11-12 17:20 | Report Abuse

Setiap ticket sungguh berharga dan bernilai.

AhPek

109 posts

Posted by AhPek > 2021-11-15 11:01 | Report Abuse

Hi birkincollector, the 12mil off market transaction at 2.37 just happen?

Posted by longtermvaluegain > 2021-11-17 08:14 | Report Abuse

Sg. Bagan Rubber sold 11,684,133 units share to Mr Lee Yung Shih with RM2.37/ticket ( a Singaporean).

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2021-11-22 15:33 | Report Abuse

kuchai RM1.760 now, cheap sales

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2022-04-23 12:44 | Report Abuse

For illustrative purposes, “a shareholder holding 1,000 KDB shares will be entitled to receive 142 Sg Bagan shares from the proposed dividend-in-specie”. Based on the market value of the distributable shares as at April 5, which was computed based on the market price of Sg Bagan shares of RM3.32 on that day, the amount to be utilised pursuant to the proposed dividend-in-specie is estimated at RM58.38 million.

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2022-04-24 08:04 | Report Abuse

tomorrow RM2.200 ?

dompeilee

11,143 posts

Posted by dompeilee > 2022-04-25 10:46 | Report Abuse

Bought 15 more lots of Kuchai fr 1.89 - 1.93, entitling me to 2,130 shrs of SBagan =)

TheContrarian

7,394 posts

Posted by TheContrarian > 2022-04-26 09:56 | Report Abuse

Kuchai dropped to 1.88.

dompeilee

11,143 posts

Posted by dompeilee > 2022-04-26 10:52 | Report Abuse

Desperados & kancheong spiders will always be desperate & action junkies lol

dompeilee

11,143 posts

Posted by dompeilee > 2022-04-26 14:44 | Report Abuse

Like some of my ex-clients... ask them to hold for 1-3 mths also cannot...must fast fast earn....in a bear mkt, you gamble like that, die faster than a drunk @ the roulette table lol

AhPek

109 posts

Posted by AhPek > 2022-04-26 16:24 | Report Abuse

Based on Sg Bagan share at $3.32, the dividend-in-specie is about $0.46 per share. That is fantastic.

dompeilee

11,143 posts

Posted by dompeilee > 2022-04-27 16:59 | Report Abuse

Let the short term desperado kaki judis unload...the smart ones are picking up their shares & waiting for FREE extremely undervalued SBagan shares...which can easily reach $5 in another 1-3 years.

TheContrarian

7,394 posts

Posted by TheContrarian > 2022-06-09 16:22 | Report Abuse

Bought at 1.90 this morning.

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2022-07-21 23:37 | Report Abuse

RM2.200 coming…

AhPek

109 posts

Posted by AhPek > 2022-08-04 14:46 | Report Abuse

Dividend-in-specie ex-date 17 Aug

AhPek

109 posts

Posted by AhPek > 2022-08-05 16:39 | Report Abuse

High volume but price drop???

Jnlee

209 posts

Posted by Jnlee > 2022-08-16 15:08 | Report Abuse

Tomorrow ex date

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2 months ago | Report Abuse

got sungai bagan in hand today

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