KLUANG RUBBER CO (M) BHD

KLSE (MYR): KLUANG (2453)

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Last Price

5.97

Today's Change

-0.06 (1.00%)

Day's Change

5.97 - 6.02

Trading Volume

18,600


1 person likes this.

110 comment(s). Last comment by Diamond7 1 month ago

princehero

550 posts

Posted by princehero > 2020-02-26 18:26 | Report Abuse

Not bad .. now got dividend ... 6 cent somemore .,, unexpected

Posted by chinleong123 > 2020-03-22 12:28 | Report Abuse

payment date for 6 cent dividend ?

Diamond7

2,288 posts

Posted by Diamond7 > 2020-06-04 19:14 | Report Abuse

Why surge up?

Posted by Lawr4165 > 2020-06-05 20:00 | Report Abuse

Share buyback

ctooi51

388 posts

Posted by ctooi51 > 2020-08-28 16:30 | Report Abuse

Lousy bad management... company..

Posted by OldWiseMan100 > 2020-09-23 09:54 |

Post removed.Why?

Posted by warwick_ > 2020-12-31 07:43 | Report Abuse

Motion for recurring related party transaction with Nyalas voted down at AGM. So, no directors fees for the controlling shareholder this year?

dompeilee

11,888 posts

Posted by dompeilee > 2021-09-08 09:54 | Report Abuse

Still holding on to my Kluang bought since 2013 & reduced in 2018 but re-purchased again =)

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2021-09-08 11:20 | Report Abuse

pandai pandai lah, sell high buy low again,

Diamond7

2,288 posts

Posted by Diamond7 > 2021-09-08 21:07 | Report Abuse

Undervalue gem!
Any bonus or special dividend?

dompeilee

11,888 posts

Posted by dompeilee > 2021-09-09 07:30 | Report Abuse

Only insiders will know...

thesteward

6,780 posts

Posted by thesteward > 2021-09-09 11:40 | Report Abuse

Gogo kluang hope breaj 5 soon . Looks like possible

dompeilee

11,888 posts

Posted by dompeilee > 2021-09-09 12:27 | Report Abuse

Last went up to $5 in 2018.

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2021-09-10 10:04 | Report Abuse

pandai pandai… buy low sell high kekw

Diamond7

2,288 posts

Posted by Diamond7 > 2021-09-14 20:26 | Report Abuse

Oops
I not yet sell!
Come down already!

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2021-09-15 17:05 | Report Abuse

wait for 8/10 announcement

dompeilee

11,888 posts

Posted by dompeilee > 2021-10-01 16:37 | Report Abuse

Movement up detected...watch sister co. Sungei Bagan =D

Diamond7

2,288 posts

Posted by Diamond7 > 2021-10-04 20:08 | Report Abuse

Hopefully good news!
Still waiting!

Diamond7

2,288 posts

Posted by Diamond7 > 2021-10-04 21:30 | Report Abuse

Cash rich asset company!
Debt free
Highly undervalue
Please give bonus!!!!

Diamond7

2,288 posts

Posted by Diamond7 > 2021-10-05 17:09 | Report Abuse

Vow!
Shoot up again!
Excellent!

donald770

252 posts

Posted by donald770 > 2021-10-06 09:23 | Report Abuse

@Jimmy. Wait for 8/10 announcement. Good ah? Thanks u in advance.

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2021-10-06 11:16 | Report Abuse

@donald770, news as @Antfinance mention in forum kuchai, tunggu yang lagi jelas news coming up

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2021-10-06 11:32 | Report Abuse

sailang Kuchai ! lol

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2021-10-06 11:34 | Report Abuse

Kuchai @9:35am RM1.930, sapu je… below RM2

Diamond7

2,288 posts

Posted by Diamond7 > 2021-10-13 06:01 | Report Abuse

Rumours still on or not?
Any news?

TheContrarian

9,081 posts

Posted by TheContrarian > 2021-10-13 19:59 | Report Abuse

Rumours die already.

Diamond7

2,288 posts

Posted by Diamond7 > 2021-10-23 20:32 | Report Abuse

Seems the wings flap up...
Bout to fly again!

Probably privatise or give bonus issues

pang72

49,482 posts

Posted by pang72 > 2021-11-16 13:04 | Report Abuse

dompeilee Most M'sians also gong gong one...'invest' in unit trust happily pay $550 FEES to """professional"" gambler for every $10k they put in...now many down 40-60% in a few years, don't hv the guts to phone the cunn!ng fund manager to scold them for wasting assets...10 ppl pay his fees already he can jiak pa pah already...get paid for the privilege of playing with your hard-earned $...

Even worse, they dump the losing hopeless stocks into your unit trust but allocate the winners into their own proprietary portfolio...this AlexSUU(Kmouse is no less greeedy than Jho low...pay insufficient to even fill his car with petrol for 1 month but wanna hantam & all-in to earn $20k or more within a year LOL!
05/11/2021 4:13 PM


BODOH DOMPEILEE... MALAYSIAN ARE NOT GONG GONG PLS!!
16/11/2021 12:10 PM

Income

10,599 posts

Posted by Income > 2022-10-13 04:31 | Report Abuse

Ex

ACE9696

185 posts

Posted by ACE9696 > 2023-08-01 00:42 | Report Abuse

kluang 👍 vrooom….!

Dehcomic01

318 posts

Posted by Dehcomic01 > 2023-12-03 15:31 | Report Abuse

One of the metrics I used to screen for companies is the ROE. I then compared the ROE trends for the target company with the ROE of one or two reference companies where I have detailed fundamental analysis. If the ROE is better, then I will dig further into the fundamentals. When I did this comparison for Kluang with my 2 Bursa Plantation companies – Bplant and KLK, I did not find it to be good enough to dig further https://www.youtube.com/watch?v=9KhboTCMdEg

Diamond7

2,288 posts

Posted by Diamond7 > 2024-03-30 17:46 | Report Abuse

This article first appeared in The Edge Malaysia Weekly on January 8, 2024 - January 14, 2024

ROUGHLY 15 months after Kuchai Development Bhd (KDB) completed distributing its 26.51% stake in Sungei Bagan Rubber Company (M) Bhd (Sg Bagan) to shareholders, the company ended the year with an announcement of a bigger deal.

This time around, KDB is selling its assets and liabilities valued at RM275.47 million to its sister company Sg Bagan in return for shares. Again, KDB will distribute Sg Bagan shares to its shareholders. For every 1,000 KDB shares, shareholders will be entitled to 222 Sg Bagan shares under the proposal.

The controlling shareholder Kluang Rubber Company (M) Bhd will get the lion’s share of the block of Sg Bagan shares being distributed.

Kluang Rubber holds a 42.21% stake in KDB and a 43.5% stake in Sg Bagan. It is, in turn, controlled by low-profile Singaporean businessman Lee Thor Seng and his sons — Justin Lee Chung-Shih and Colin Lee Yung-Shih — via their family vehicle The Nyalas Rubber Estates Ltd. Justin is the executive deputy chairman of KDB and Sg Bagan.

It is worth noting that the divestment consideration of RM275.47 million was RM120 million more than its market cap of RM154.68 million prior to the announcement.

The divestment, which unlocks the asset value of KDB, gave a strong boost to the share prices of the three companies, lifiting them to all-time peaks on the first trading day of 2024.

The move is seen by market observers as the nonagenarian Thor Seng’s attempts to further streamline his interest in the Bursa Malaysia-listed companies, apart from unlocking asset values. This has left many wondering about his next move with KDB, which will soon be a cash-rich listed shell company.

“Would he privatise Sg Bagan since most of the assets will be parked there?” muses a market observer.

zildjian

29 posts

Posted by zildjian > 2 months ago | Report Abuse

kluang the best

Diamond7

2,288 posts

Posted by Diamond7 > 2 months ago | Report Abuse

SINGAPORE: Singapore's second-biggest lender, OCBC, unveiled a S$1.4 billion (US$1.04 billion) offer on Friday (May 10) to buy the remaining stake in insurer Great Eastern Holdings and delist the company.

OCBC, Great Eastern's biggest shareholder, said it would acquire the 11.56 per cent stake in the insurer that it does not currently own. If it goes through, the deal will give the lender full ownership of the firm

The offer price of S$25.60 per share, a premium of 37 per cent, values Great Eastern at S$12.12 billion

TheContrarian

9,081 posts

Posted by TheContrarian > 2 months ago | Report Abuse

Not selling my Kluang until RM11.

Diamond7

2,288 posts

Posted by Diamond7 > 2 months ago | Report Abuse

@ Contrarian
Vow!
Great happiness!
Huat Huat Huat!!!!

Diamond7

2,288 posts

Posted by Diamond7 > 2 months ago | Report Abuse

I wait for news
Then decide..

Diamond7

2,288 posts

Posted by Diamond7 > 2 months ago | Report Abuse

Break resistance!
Strong ...

Diamond7

2,288 posts

Posted by Diamond7 > 2 months ago | Report Abuse

Kuchai and Sg Bagan shared similar business activities in investment holdings and rental of property, with the latter also carry out oil palm plantation activities. They are controlled by a common major shareholder, Kluang Rubber, who owns 42.2% stake in Kuchai and 43.5% in Sg Bagan.
22 Jan 2024

Diamond7

2,288 posts

Posted by Diamond7 > 2 months ago | Report Abuse

SBagan up
Kluang up
Kuchai up
All related...

Hot stock ...hot...very hot!

Diamond7

2,288 posts

Posted by Diamond7 > 2 months ago | Report Abuse

Kluang Rubber will also see its equity in Sungei Bagan rise from 30.72% to 43.12%, following Kuchai Development’s distribution exercise of Sungei Bagan shares.

Zhlim014

26 posts

Posted by Zhlim014 > 1 month ago | Report Abuse

hope there is further increase in share price

Zhlim014

26 posts

Posted by Zhlim014 > 1 month ago | Report Abuse

and bumper dividend

Diamond7

2,288 posts

Posted by Diamond7 > 1 month ago | Report Abuse

Will they privatise?
Will there be bonus issues?
Will there be special dividend?

zildjian

29 posts

Posted by zildjian > 1 month ago | Report Abuse

at the end KLUANG the big winner

Diamond7

2,288 posts

Posted by Diamond7 > 1 month ago | Report Abuse

Why?

Kluang share price keep going up!

zildjian

29 posts

Posted by zildjian > 1 month ago | Report Abuse

kluang ialah Long, full powered
sbagan Ngah
kuchai Alang

Diamond7

2,288 posts

Posted by Diamond7 > 1 month ago | Report Abuse

9 months nett profits 31.010 million
Increased by 116.54%

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