Posted by dompeilee > 2 months ago | Report Abuse

The main shareholder has been buying consecutive days & its shareholding is now up to over 525 mil from 501 mil in 2019. Pretty sure they're still buying today!

Posted by WongGK92 > 2 months ago | Report Abuse

https://www.chinapress.com.my/?p=3960421

Foreign funds dump as well ...

Posted by dompeilee > 2 months ago | Report Abuse

dompeilee

Bought back the KLK I last SOLD on 16/5/23 @ $22.556....at the close for $20.86...👍

4 days ago

SOLD ! @ $21.34...contra gain😘

Posted by dompeilee > 2 months ago | Report Abuse

Glad I RANNNNN for a small profit...nowadays cannot hang on to used-to-be superior stocks, esp. after the strawberry generation start to take over management...

Posted by WongGK92 > 2 months ago | Report Abuse

India's May palm oil imports reach four-month high on price drop-dealers. Macam mana Malaysia one?

https://www.malaymail.com/news/money/2024/06/04/indias-may-palm-oil-imports-reach-four-month-high-on-price-drop-dealers/138037

Posted by troy88 > 2 months ago | Report Abuse

Hope it drop to RM18-19 for me to makan some

Posted by WongGK92 > 2 months ago | Report Abuse

seems like EPF has started collecting. I think it's very hard to get it below RM20

Posted by Needluck > 2 months ago | Report Abuse

local fund like epf only can press down counters with less foreign fund inside like klk, petdag, pchem, petgas etc...
those foreign funds support one, epf cant press.

Posted by dompeilee > 2 months ago | Report Abuse

Foreign funds FALLing over themselves to EXIT! Epf once again the b0doh...😆

Posted by Needluck > 2 months ago | Report Abuse

KLK really to rebound?

Posted by kl_guy > 2 months ago | Report Abuse

FCPO got support at sma200 . IF FCPO rebound , klk will also rebound.

Posted by WongGK92 > 2 months ago | Report Abuse

Ya...CPO price has fallen to RM38xx already

https://www.mpoc.org.my/market-insight/daily-palm-oil-prices/

Posted by Needluck > 2 months ago | Report Abuse

looks like someone try to press the price at 20.30.....

Posted by Needluck > 2 months ago | Report Abuse

one side trying to eat up, but the other keep pressing....

Posted by WongGK92 > 2 months ago | Report Abuse

I know EPF is trying to eat up 😁

Posted by KClow > 2 months ago | Report Abuse

Game over long ago
Sell klk buy utdplnt now

Posted by Needluck > 2 months ago | Report Abuse

continue pressing today, dont know they wanted to press until for them to do mid year window dressing....

Posted by williamh > 2 months ago | Report Abuse

It looked like bottom up

Posted by kl_guy > 2 months ago | Report Abuse

look like big boy already control klk. try push it down . maybe collecting mode.

Posted by WongGK92 > 2 months ago | Report Abuse

Kenanga and PBB were raising the TP. Time to chip in

Posted by kl_guy > 2 months ago | Report Abuse

where can i get the info for CIMB warrant matrix ...klk-c31 ?

Posted by Needluck > 1 month ago | Report Abuse

EPF, left and right hand play again. CIMB doesn't provide warrant live matrix like the rest.

Posted by Needluck > 1 month ago | Report Abuse

like Axiata, on 20/6, 1. Citigroup EPF Board - Disposal of 9,265,200 shares 2. Citigroup EPFBoard-IC - Acquisition of 1,000,000 shares

Posted by WongGK92 > 1 month ago | Report Abuse

how the EPF changes hand from left to right given their recent buying in ?

Posted by Needluck > 1 month ago | Report Abuse

1 hour no trading, why? epf no trading, nobody trading?

Posted by kl_guy > 1 month ago | Report Abuse

FCPO gap up to 4019....next resistance level 4084 .

Posted by Needluck > 1 month ago | Report Abuse

Substantively lower institutional transactions in June. As the ringgit was slid slightly to MYR4.715=US$1 last month, the FBMKLCI marginally declined MoM as local institutions were substantively less active, being net purchasers of RM264mil in June (from RM2.4bil in May) while foreigners continued to be net sellers albeit at a slight RM61mil from RM1.4bil in May. 68% of net local institutional purchases were in the financial sector, 22% in plantation, 5.4% in healthcare and 4.5% in construction. Conversely, 72% of the June net foreign sales were in the financial sector, followed by plantation (20%), and healthcare (4%).

In June, foreigners sold out of Public Bank, MayBank, CIMB, YTL Power International, KL Kepong, YTL Corp, Hong Leong Bank, RHB Bank and Petronas Chemicals Group . However, they were net buyers of Tenaga, Press Metal, MISC, VS Industry, Inari Amertron, Mah Sing, AMMB Holdings, Malaysia Airports Holdings and IHH Healthcare.

Posted by kl_guy > 1 month ago | Report Abuse

FCPO RM4048 now. will there a plantation stock rally ?

Posted by kl_guy > 1 month ago | Report Abuse

FCPO up to Rm4057

Posted by WongGK92 > 1 month ago | Report Abuse

CPO futures end higher on worries over weaker palm oil production

Posted by kl_guy > 1 month ago | Report Abuse

if mainstream media shouting on hike on CPO price . Plantation will on be in this price.
still best to buy some now when they are still low.

Posted by kl_guy > 1 month ago | Report Abuse

FCPO from Rm4057 up now to rm4097

Posted by Needluck > 1 month ago | Report Abuse

pchem, axiata, maxis, klk... short selling very thick

Posted by WongGK92 > 1 month ago | Report Abuse

Let's follow EPF buying 😁

Posted by teknikal > 1 month ago | Report Abuse

Strong Support at 19.90, Resistance at 21.60

In the past 3 years, when price drop to 20... it rebounded within 1 week.
This has happened for 4 times, and today is the 5th time if price touch 20 and below.

Posted by teknikal > 1 month ago | Report Abuse

The pattern is called Triple Bottom if you look at the Weekly Chart. It is a bullish signal.

Posted by dompeilee > 1 month ago | Report Abuse

It has dropped to $17.50 b4 in the last 4 yrs so it couldn't be a 3xbottom.

Posted by Diamond7 > 1 month ago | Report Abuse

Hopefully drop more!
RM17.50 will be good buy

Posted by Needluck > 1 month ago | Report Abuse

if these 2 days closed above 20, then high chance 3xbottom liao.

Posted by Needluck > 1 month ago | Report Abuse

20 pecah again, then maybe better avoid this counter.

Posted by WongGK92 > 1 month ago | Report Abuse

...shoot. It getting lower and lower even though EPF is buying

Posted by dompeilee > 1 month ago | Report Abuse

Foreigners haven't done SELLing yet...dividend already gone for the next 8 months & CPO tumbling. No catalysts to go up so sellers will take charge. EPF buying is always a good contrarian signal plus controlling family also absent from the mkt.

Posted by Needluck > 1 month ago | Report Abuse

no more 3xbottom?

Posted by teknikal > 1 month ago | Report Abuse

KLK expands oleochemicals processing capacity in China

https://theedgemalaysia.com/node/718549

Posted by williamh > 1 month ago | Report Abuse

Target is 16.50

Posted by troy88 > 1 month ago | Report Abuse

This former plantation king is a shadow of it's former self

Posted by abc333 > 1 month ago | Report Abuse

waiting 16

Posted by WongGK92 > 1 month ago | Report Abuse

Palm oil set to rise in 2H as La Nina poses supply risk. Rebound rebound
https://theedgemalaysia.com/node/718915

Posted by kl_guy > 1 month ago | Report Abuse

klk need to break rm21.00 to stay into weekly uptrend channel.

Posted by WongGK92 > 1 month ago | Report Abuse

Rm20.30 now. gogogo