INCH KENNETH KAJANG RUBBER PLC

KLSE (MYR): INCKEN (2607)

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Last Price

0.40

Today's Change

-0.01 (2.44%)

Day's Change

0.40 - 0.41

Trading Volume

24,000


4 people like this.

293 comment(s). Last comment by thesteward 2024-01-02 12:29

oasischeah

1,461 posts

Posted by oasischeah > 2012-03-22 21:16 | Report Abuse

Anybody has any idea on this counter? It is stable and never seems volatile like many smaller counters.Is it worth to invest here?

Posted by liverpool9 > 2012-08-07 15:09 | Report Abuse

quality asset...upon selling the rm will go " MISSING"

Posted by nissansunny123 > 2012-09-14 20:43 | Report Abuse

good stock RM 2 soon

stock5678

531 posts

Posted by stock5678 > 2012-09-14 21:10 | Report Abuse

assumption without reasons behind are not realistic.

oasischeah

1,461 posts

Posted by oasischeah > 2012-09-14 21:46 | Report Abuse

I think alike with Liverpool9. Something fishy on this stock.
quality asset...upon selling the "RM" will go " MISSING"

Posted by nissansunny123 > 2012-09-18 18:33 | Report Abuse

this stok any bonus issue free 2

Posted by sitizalina > 2012-09-26 10:52 | Report Abuse

did not hv any bonus issue...

Posted by sitizalina > 2012-09-26 10:55 | Report Abuse

anyone had hit this stock?

Posted by pjforsuccess > 2012-09-28 12:14 | Report Abuse

any news on this counter ?

Posted by nissansunny123 > 2012-10-08 11:28 | Report Abuse

good news, nobody want

Posted by nissansunny123 > 2012-10-08 11:28 | Report Abuse

good news, nobody want

Posted by nissansunny123 > 2012-10-08 11:29 | Report Abuse

good news, nobody want

Posted by nissansunny123 > 2012-10-08 11:29 | Report Abuse

good news, nobody want

Posted by nissansunny123 > 2012-10-08 11:29 | Report Abuse

good news, nobody want

Posted by nissansunny123 > 2012-10-08 11:29 | Report Abuse

good news, nobody want

Posted by nissansunny123 > 2012-10-08 11:29 | Report Abuse

good news, nobody want

Posted by nissansunny123 > 2012-10-08 11:29 | Report Abuse

good news, nobody want

Posted by nissansunny123 > 2012-10-08 11:29 | Report Abuse

good news, nobody want

perakman

32 posts

Posted by perakman > 2012-10-15 20:12 | Report Abuse

Somebody or some other company is accumulating this share. Maybe a takeover is coming? Anybody knows what is going on here?

Posted by bursabulltrader > 2012-10-17 15:43 | Report Abuse

Wow... Incken so silent here.. no traders/investors? any one interested to join the bus can read my blog... :-)

perakman

32 posts

Posted by perakman > 2012-10-17 19:44 | Report Abuse

This is one of the most active plantation counters these days, touching a new price high today. Watch out for it to touch 80 cents in the near future.

Posted by sitizalina > 2012-10-18 15:27 | Report Abuse

yeah...it keeps going up as expected...

Posted by bursabulltrader > 2012-10-23 21:39 | Report Abuse

still hold up well... good girl... hope it can close > 0.71 this week. perakman, my target higher than you.. RM1... heheheh

perakman

32 posts

Posted by perakman > 2012-10-24 12:48 | Report Abuse

I know one rich man and CEPCO are accumulating this counter. Is this an M & A play?

sathya

59 posts

Posted by sathya > 2012-10-24 12:57 | Report Abuse

This is a gejemti counter..if u hold long rm 2.00..very steady..

perakman

32 posts

Posted by perakman > 2012-10-24 18:03 | Report Abuse

S, what is gejemti??

Posted by sitizalina > 2012-10-25 11:16 | Report Abuse

Perakman~who is the one rich man? and M & A is stand for?

perakman

32 posts

Posted by perakman > 2012-10-26 17:04 | Report Abuse

Siti, you can do a Google search for Ng Ah Chai and see that he is a substantial shareholder of InchKen. M&A means mergers and acquisitions (atau cantum dan makan)

Posted by bursabulltrader > 2012-10-29 10:26 | Report Abuse

Congratulate to all those boarding! Our trip to vietnam is on the way and we are now at Bukit Kayu Hitam. We will reach Bangkok slowly... relax and njoy the scenary.

Don't miss the Tour! http://bursabulltrader.blogspot.com/2012/10/incken-trip-to-vietnam.html

http://klse.i3investor.com/blogs/BursaBullTrader/19226.jsp

Hehehehe :-)

Posted by bursabulltrader > 2012-10-29 17:20 | Report Abuse

Hmmm...polis check and block at bukit kayu hitam...dammm, hope none did not bring passport, if not have to return back home

perakman

32 posts

Posted by perakman > 2012-10-29 18:00 | Report Abuse

How do u plan to go to Vietnam? Slow train or slow coach? Don't get distracted at Hatyai.

perakman

32 posts

Posted by perakman > 2012-10-29 18:00 | Report Abuse

I think your transport is very good at making u-turns. If like that, can never reach destination.

Posted by sitizalina > 2012-10-30 10:55 | Report Abuse

;) Thanks a lot

Posted by bursabulltrader > 2012-10-30 13:36 | Report Abuse

Hatyai...mmmmm...There might be stop there... and also stop at Koh Samui...have to arrange with the tour/driver later... :-)

Looks like kastam block going to clear soon... will entering Thai land.. hopefully.. meanwhile hv ur time to shop at duty free shop 1st...hahahaha...

Posted by bursabulltrader > 2012-11-01 19:58 | Report Abuse

Hatyai reaching soon.... cheers... :-)

perakman

32 posts

Posted by perakman > 2012-11-01 20:39 | Report Abuse

You may be right. Today volume went up...more passengers boarding. Must be going to Hatyai for shopping....hopefully they will stay till we reach Vietnam.

hana_2012

17 posts

Posted by hana_2012 > 2012-11-06 12:27 | Report Abuse

is it going to be increased more? or just a speculative?

perakman

32 posts

Posted by perakman > 2012-11-08 17:43 | Report Abuse

CEPCO is still buying Incken shares.

Posted by pjforsuccess > 2012-11-09 09:59 | Report Abuse

what is the intrinsic value of this stock ?

Posted by bursabulltrader > 2012-11-10 18:06 | Report Abuse

pjforsuccess, intrinsic is we can go till vietname holiday for free... hahahahah

Now.. we are at koh samui.... pls don spend too long as well.. njoy the relax sea view this holiday

unclelim

119 posts

Posted by unclelim > 2012-11-14 11:03 | Report Abuse

Insiders buying at a very strong level past few weeks.Something could be brewing...

Chart looks fantastic.Company has over RM200mil in cash (50 sen/share in cash alone) and NTA around RM1.70.

Posted by bursabulltrader > 2012-11-14 11:13 | Report Abuse

unclelim, great to hear on the FA info....but seem like not much investor like this counter...hahahaha

unclelim

119 posts

Posted by unclelim > 2012-11-14 11:29 | Report Abuse

BBT,

ya loh...I remember Dali wrote about its hidden assets sometime ago.

What is really really interesting ( my detective work over Deepavali) is that a shareholder by the name of Ng Ah Chai has been buying big time over past 6 months, incresing his holding from 9 million shares to over 32 million (7.7%) as of last week.Who is Ng Ah Chai?

He is current MD for SYF resources Bhd and is friendly with Dato Clement Hii od SEGI.

lmf_hau

674 posts

Posted by lmf_hau > 2012-11-14 11:50 | Report Abuse

Incken , everyday will rise +1c , slowly n quietly.

Once it bull run , its too late to chase.

TA view, there is no sign of correction,
1) Share px now is 1 year high
2) Healty volume on daily average , it didnt have big big buy-in or big big sell-out transaction after 01.11.12

Cantink Cantik.

Now FA also capable for 50c cash in hand, Lagi best.
Its now the good time to follow bigman game, follow in now.

yamaha02

17 posts

Posted by yamaha02 > 2012-11-14 12:16 | Report Abuse

are they going to develop Ladang Kajang or sell it or JV with interested party...good location near Kajang town and MRT line...what are they going to do with such lot of money in the bank

Posted by bursabulltrader > 2012-11-16 09:49 | Report Abuse

unclelim, will there be any connection? different biz portfolio in both counter...news seem will be late out if it is...correction should set in at 0.85 level...

unclelim

119 posts

Posted by unclelim > 2012-11-16 11:16 | Report Abuse

BBT,

Not really sure I understand your question.As for any correction for this counter..well nothing ever goes up in a straight line .But you should have some comfort as NTA is RM1.70.Then again, many many counters trade below their NTA also.

Possible privatisation potential maybe one of the reasons pushing the share price up.Other reason could be a re-rating of Kajang/Semenyih land banks due to MRT.

The company has said they may utilise part of RM200 mil cash on hand to purchase new land bank possibly in Indonesia, develop rubber product biz in Southern Thailand and also jointly develop their existing land bank ( approved for development already I think) with another Property/Construction company.

Posted by bursabulltrader > 2012-11-16 11:28 | Report Abuse

looks promising on the biz plan...and land bank value... 1.70 is reachable! just need positive news to support the trend...n crowds.now is buy on rumors

Posted by bursabulltrader > 2012-11-16 15:21 | Report Abuse

Mmmm... will chg my sell @ 86/87... thinking.....

hana_2012

17 posts

Posted by hana_2012 > 2012-11-22 10:36 | Report Abuse

for how long the price will decrease?

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