KIMLUN CORPORATION BERHAD

KLSE (MYR): KIMLUN (5171)

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Last Price

1.09

Today's Change

+0.01 (0.93%)

Day's Change

1.05 - 1.09

Trading Volume

227,500


9 people like this.

2,211 comment(s). Last comment by Gudetamasan 2024-09-03 11:15

yfchong

5,942 posts

Posted by yfchong > 2013-08-23 16:35 | Report Abuse

Will this counter goes back to the 160 level ??.

Grandma

259 posts

Posted by Grandma > 2013-08-23 16:47 | Report Abuse

Not when they have already achieve 64% of annual target. Unlikely to 1.60 unless global issue come one after another. If so, this will not be the only counter affected then.

taiong59

146 posts

Posted by taiong59 > 2013-08-23 20:27 | Report Abuse

grandma....at this current level...is it wise to accumulate....am holding at rm 2 above....or better wait for the price to get stable...

Grandma

259 posts

Posted by Grandma > 2013-08-23 20:50 | Report Abuse

Grandma too bought above 2 before the jitter of emerging market pull out. Grandma has since avg down again at 1.91. It will be tough next week because of market forces vs local sentiment for KLCI.

Having said that the plus point is what Grandma said earlier on NBIM and the only seller so far from Institutional perspective is RHB Investment and its local fund.

Grandma would conclude that most believe Kimlun will achieve target with the already 64% annual target reached.

sephiroth

14,146 posts

Posted by sephiroth > 2013-08-23 22:08 | Report Abuse

Much earlier, i bought 1.36 and 1.48, sold all at 2.01, not too bad

Grandma

259 posts

Posted by Grandma > 2013-08-25 12:34 | Report Abuse

Grandma has been looking to baseline Kimlun. So for those asking the question whether it is still good, use Kimlun RSI 25 as baseline. Start monitoring whether it goes pass the 30 and 40 etc. When it does that in inclination, the interest is there whether the price goes up or stagnant is a different matter. When a price start running up, this is a mix of momentum from speculator together with earlier investors. To further monitor this, look at the following day, if the price drops chances are its momentum buying from speculator who may not know what is happening but bought the previous day due to large volume or price run or rumor.

Now leading to the end of the month, start monitoring the behavior of Kimlun. It already did 3 runs of recent and have taken a longer break with its results due next week. When an investor like RHB pull out, sometime what it means is their trading buy (3mths above) or buy (12 mths above) or target price has been reached or they may have felt bearish sentiment and invested on a new stock with more inclination.

Roywong

11 posts

Posted by Roywong > 2013-08-26 14:40 | Report Abuse

This counter seem like mo hope le...

hiddengem

1,186 posts

Posted by hiddengem > 2013-08-27 16:13 | Report Abuse

Grandma. Hv to seek yr advice for KIMLUN becos u hv been monitoring this counter closely. What is the nxt support level for KIMLUN?

Grandma

259 posts

Posted by Grandma > 2013-08-27 18:11 | Report Abuse

Hiddengem,

In Grandma's opinion as earlier in that sequence below. Grandma still believe to be correct and anticipated this week will be tough as in the comment. The KLCI failed to lift to the nearest at that point 1735 though it tried many initiative to move pass 1719. When this is seen, its normally likely to drop. Now it has drop below the 1710. Grandma has sold some yesterday in believe of what was posted since it did not suggest the ability to rebound further in yesterday's first half.
To give yourself direction, have a look at the consistency of Kimlun Revenue and Nett over the 5 years. It has been delivered with consistency though the margin is not as high.




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Stock: [KIMLUN]: KIMLUN CORPORATION BERHAD
Aug 23, 2013 08:50 PM | Report Abuse

Grandma too bought above 2 before the jitter of emerging market pull out. Grandma has since avg down again at 1.91. It will be tough next week because of market forces vs local sentiment for KLCI.

Having said that the plus point is what Grandma said earlier on NBIM and the only seller so far from Institutional perspective is RHB Investment and its local fund.

Grandma would conclude that most believe Kimlun will achieve target with the already 64% annual target reached.

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Stock: [KIMLUN]: KIMLUN CORPORATION BERHAD
Aug 23, 2013 04:47 PM | Report Abuse

Not when they have already achieve 64% of annual target. Unlikely to 1.60 unless global issue come one after another. If so, this will not be the only counter affected then.


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Stock: [KIMLUN]: KIMLUN CORPORATION BERHAD
Aug 22, 2013 11:59 AM | Report Abuse

As long as KLCI below the 174x and noninitiative from. 1719 to rise, the shares will be going down south. The initiative has got to be solid and passing at least 1735 to be convincing. Grandma can rest until 3.30 at this rate of action

hiddengem

1,186 posts

Posted by hiddengem > 2013-08-27 18:26 | Report Abuse

Grandma thank you very much for using yr precious time to share, gving valuable advice n presenting details info for KIMLUN. God bless & wish u best of luck.

taiong59

146 posts

Posted by taiong59 > 2013-08-27 20:11 | Report Abuse

grandma grandma....i din dare to get the falling knifes.....

tallman

924 posts

Posted by tallman > 2013-08-27 20:45 | Report Abuse

Exit at 1.93. Thanks who bot my shares.

Grandma

259 posts

Posted by Grandma > 2013-08-27 20:49 | Report Abuse

The two combo that grandma does not like to see. The low volume and declining RSI . Those looking at this should be cautious now because pick up of the steam may be slow.

hiddengem

1,186 posts

Posted by hiddengem > 2013-08-29 09:16 | Report Abuse

Grandma u r absolutely right daily low volume n declining RSI, so cannot move in yet n remain on the sideline instead of taking the risk.

Grandma

259 posts

Posted by Grandma > 2013-08-29 15:24 | Report Abuse

Low volume inclination could mean one of 2 things. self buy or someone knows results. If its the latter, it is not guaranteed to sustain. If self buy, sometimes (apart from treasury buy) is to preserve the value of the stock . A good management does not only think of FA but the support of their share price is also of importance. We know good FA does not always translate to good valuation in the market share price perception.

hiddengem

1,186 posts

Posted by hiddengem > 2013-08-29 15:27 | Report Abuse

Grandma tqvm for yr valuable comment.

hiddengem

1,186 posts

Posted by hiddengem > 2013-08-29 17:01 | Report Abuse

Low volume but still managed to up 0.13 sen. The mkt is really unpredictable.

Roywong

11 posts

Posted by Roywong > 2013-08-29 17:18 | Report Abuse

Since it is under valued, maybr somebody pushing it back a bit.... :)

sephiroth

14,146 posts

Posted by sephiroth > 2013-08-29 19:05 | Report Abuse

profit margin only 3% 1H13 eps only 6.6 sen
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1391973

Grandma

259 posts

Posted by Grandma > 2013-08-29 19:59 | Report Abuse

Avgly Kimlun performs at 5.3% on Net Profit. They are one of those company that perform every quarter to meet the years target as oppose to some who finish strongly at the end of the year. Again this is industry challenges.
However this round they are seeing one quarter dip. If such is is the case they need more convincing project % and numbers as they have to finish strong for next half and especially next quarter. As is they have a healthy order book of between RM1.2 to 1.5,, this is suprising for Grandma. If next quarter fails again, they will have a challenge in their hands. No 2 ways, top and bottom must be consistent since 5% is not a lot of room to play with.

Grandma

259 posts

Posted by Grandma > 2013-08-29 20:01 | Report Abuse

It should read RM1.2 to 1.5 Billion.

hiddengem

1,186 posts

Posted by hiddengem > 2013-08-29 20:50 | Report Abuse

Grandma tq for sharing yr valuable research.

tan84

91 posts

Posted by tan84 > 2013-08-31 20:48 | Report Abuse

grandma still hold kimlun? still confident with it?























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Grandma

259 posts

Posted by Grandma > 2013-09-01 11:46 | Report Abuse

Grandma has sold most and left insignificant number of lots due to price matching. The 5% margin is cut thinner with the recent results.

Grandma

259 posts

Posted by Grandma > 2013-09-01 11:58 | Report Abuse

For those continuing, Kimlun like many construction is heavy on the ppl and raw skill commodity. While Grandma views Kimlun as very discipline counter base on its steady revenue and net profit over the 5 years, Kimlun must ensure or at very least predict the outcome of contracts won with more precision on the deployment as it may cause exhaustion in moving assets and ppl during execution and be dependent on fix set of ppl for the next project in fear of the looming challenges for more investment.

tan84

91 posts

Posted by tan84 > 2013-09-02 09:24 | Report Abuse

wow, grandma also cut holding already, my price is 2.14, that why i hesitated to cut losses, any advice? grandma






















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hiddengem

1,186 posts

Posted by hiddengem > 2013-09-06 19:13 | Report Abuse

KIMLUN was awarded 2 new contracts :-

(1)Construction of service apartments n offices in Puteri Harbour, Nusajaya,
JB for a contract sum of RM210mil.

(2)Earthworks, piling works n structure works for 2 blocks of commercial
buildings in JB for a contract sum of RM115.5mil.

AlexisAAX

60 posts

Posted by AlexisAAX > 2013-09-06 21:27 | Report Abuse

Yess.. Should jump up on monday.. Anyone want to enter?

Posted by ramona_rahman > 2013-09-08 15:40 | Report Abuse

30/08/2013 1.80 1.76 -0.04 (2.22%) HOLD HLG
Results
1HFY13 earnings fell by 37% to RM16.0m (6.65 sen/share), missing estimates by making up 30% of ours and consensus’ estimates.
Deviations
Due to weaker than expected construction contribution and higher overall expenses.
Risks
Execution risk; Regulatory and political risk (both local and abroad); Rising raw material prices; and Unexpected downturn in the construction and property cycle.
Forecasts
FY13-15 earnings slashed by 19.2%, 11.2% and 6.3% respectively to account for weaker construction contribution and higher expenses.
Valuation
TP reduced by 19.3% to RM1.76 from RM2.18 based on unchanged 10x FY13 earnings.

Source: Hong Leong Investment Bank Research - 30 Aug 2013

Posted by ramona_rahman > 2013-09-08 15:41 | Report Abuse

and syria still not included there

hiddengem

1,186 posts

Posted by hiddengem > 2013-09-10 06:27 | Report Abuse

Low volume with rising price indicates that the price will be losing steam. The price is not sustainable becos investors r not willing to pay for the rising price. That's my personal opinion.

imoogi99

1,640 posts

Posted by imoogi99 > 2013-09-11 09:46 | Report Abuse

Hmmm...one hold waiting to digest and another buy due firmer ground...so a draw....lol. Just matter of getting more projects and making big money for this company. As S'pore had highlighted some of their big projects, Kimlun should be able to get some from there. Wait....wait...wait and boom!

hiddengem

1,186 posts

Posted by hiddengem > 2013-09-14 16:02 | Report Abuse

Price movement hv yet to stabilise for further uptrend. Trading trend is rather volatile, moving 1, 2 & 5 steps forward & 1,2 & 3 steps backward.

Raymond

165 posts

Posted by Raymond > 2013-09-19 10:36 | Report Abuse

Ambank TP RM3.22 .... gogogogogo !!

HWJ008

1 posts

Posted by HWJ008 > 2013-09-19 15:30 | Report Abuse

I'm impressed my the huge order book. Looking forward to breaking RM3 above :)

Raymond

165 posts

Posted by Raymond > 2013-09-19 16:22 | Report Abuse

Yes ... their speed of replenishing the order book shows that they have a good track record.

Ozil

96 posts

Posted by Ozil > 2013-09-19 23:17 | Report Abuse

Good performance today ..... volume also quite high. Expected uptrend tomorrow ..hehe

hiddengem

1,186 posts

Posted by hiddengem > 2013-09-20 05:56 | Report Abuse

Yesterday's volume quite high. If HEAVY VOLUME WITH RISING PRICE occurs, this is a healthy sign in the mkt. it tells us that there r a lot of trading activities going on & buyers r outnumbering sellers.

When volume is heavier than yesterday's volume, accompanied by a price increase of at least of 1%, it may be signaling a trend reversal fr bearish to bullish soon.

Raymond

165 posts

Posted by Raymond > 2013-09-20 10:55 | Report Abuse

Well explained, hiddengem :)

sephiroth

14,146 posts

Posted by sephiroth > 2013-09-24 18:49 | Report Abuse

last time taiko pang bought 1.3X, i follow him, then sold 2.00, now he buy again at 1.95-2.00, i'm not so sure
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1416345

Ozil

96 posts

Posted by Ozil > 2013-09-24 23:06 | Report Abuse

MRT Line 2 Approval Expected By Year End

PETALING JAYA: Approval for the Mass Rapid Transit (MRT) Line 2 project is expected to be out by the end of this year, subject to
government approval, said MRT Corp chief executive officer Datuk Azhar Abdul Hamid.

The MRT Line 2 or Sungai Buloh-Serdang-Putrajaya Line MRT SBS is the Mass Rapid Transit line for the Klang Valley MRT to Port Klang, and it is now planned to be from Sungai Buloh, Selayang to Pandan, instead of from Kuala Lumpur to Port Klang.

"The Land Public Transport Commission (Spad) has carried out a study on Line 2 to finalise the alignment and they have submitted it to the government.

"So I suppose when the time comes, they will disclose it to the public," he told Bernama, adding that the alignment is agreed by consensus.

Line 1 is mostly elevated except for a 9.5 km underground portion running through the city centre from Semantan on Jalan Duta to Maluri in Cheras.

"It is very important that the MRT project continues because it will certainly benefit the public as well as ensure that Kuala Lumpur is free from congestion," he said.

It was reported earlier that Spad is also carrying out a study on Line 3 to finalise the alignment.

However, it has not been decided whether Line 2 and Line 3 will be implemented simultaneously or one after the other.-- Bernama

Ozil

96 posts

Posted by Ozil > 2013-09-24 23:07 | Report Abuse

Some good news for the construction sector .... hehe :)

Taiko Pang might be expecting to hit new contracts soon.

micky92

759 posts

Posted by micky92 > 2013-09-25 11:18 | Report Abuse

Directors are buying @ 2.02, price definitely moving higher just a matter of time

Raymond

165 posts

Posted by Raymond > 2013-09-25 11:45 | Report Abuse

Thanks for the updates Micky. Will continue to hold then...

micky92

759 posts

Posted by micky92 > 2013-09-27 19:20 | Report Abuse

Directors are collecting...target price rm3.At the current price it is very cheap.

Raymond

165 posts

Posted by Raymond > 2013-09-28 13:48 | Report Abuse

Yeap ... Uncle Pang collecting shares again ..... looks like some good news is coming.

Ozil

96 posts

Posted by Ozil > 2013-10-02 23:06 | Report Abuse

hmmmm .... Directors are actively collecting again for the past few days ....

micky92

759 posts

Posted by micky92 > 2013-10-03 15:41 | Report Abuse

pity those who sell,,,directors are collecting at bargain price

Raymond

165 posts

Posted by Raymond > 2013-10-03 15:45 | Report Abuse

don't worry .... at the rate the directors are collecting shares ... likely that the company will be expecting to secure a new project soon.

micky92

759 posts

Posted by micky92 > 2013-10-03 17:10 | Report Abuse

yup agreed...somemore there is strong support @ 1.89/1.90.

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