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

annsmith

239 posts

Posted by annsmith > 2013-10-03 19:45 | Report Abuse

Look at the US trend la, if US tumble u think it can sustain at current level?

Raymond

165 posts

Posted by Raymond > 2013-10-04 10:51 | Report Abuse

Look at Msia trend la .... past few days US tumble, KLCI didn't tumble much. Why cannot sustain ?

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-04 10:53 | Report Abuse

Kimlun only good during bullish market! Now kiv! Trust me!

Raymond

165 posts

Posted by Raymond > 2013-10-04 11:04 | Report Abuse

Could be a bullish market now if the hot money decides to come back .... since US is in deep shit now.

micky92

759 posts

Posted by micky92 > 2013-10-04 13:15 | Report Abuse

Timing is the factor, I keep reenter despite losing on brokerage fee bcos I know it will fly soon..don't want to miss the boat.looking at the way directors are buying the share I don't see I will lose at the end.

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-04 13:17 | Report Abuse

It will fly! Kimlun good! But timing also must be right! I try to give my call when time comes!

micky92

759 posts

Posted by micky92 > 2013-10-04 13:33 | Report Abuse

Looking at TA, there is strong support @ 1.89/1.90.I will not reenter if price go below

micky92

759 posts

Posted by micky92 > 2013-10-04 17:00 | Report Abuse

Sad to say it reach 1.89 now...unless there is clear sign of pattern reversal I will stand idle...good luck

micky92

759 posts

Posted by micky92 > 2013-10-07 22:29 | Report Abuse

directors continue to acquirers...However don't touch this counter if u want to play contra..has been down 1 to 2 sen everyday opportunity for directors to buy cheap at force selling.Nomartlytice price drop during evening session. So guys invest smartly

micky92

759 posts

Posted by micky92 > 2013-10-10 09:33 | Report Abuse

technical rebound or trend reversal?

humbled

1,715 posts

Posted by humbled > 2013-10-10 15:33 | Report Abuse

Looks like a technical rebound to me as the rsi is low.. For a breakout it has to go above 1.95. Just my opinion.

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-10 15:37 | Report Abuse

Can try so some 7 cents technical rebound! But no gurantee!

Raymond

165 posts

Posted by Raymond > 2013-10-10 18:58 | Report Abuse

Uncle Pang accumulating shares almost everyday ...

angkor

451 posts

Posted by angkor > 2013-10-10 18:59 | Report Abuse

Sure will up soon. Buying and keeping bullets...

Raymond

165 posts

Posted by Raymond > 2013-10-11 15:14 | Report Abuse

Upward trend for the past 2 days ... looking good :)

humbled

1,715 posts

Posted by humbled > 2013-10-11 16:24 | Report Abuse

Looks like some last minute push up actions?

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-12 12:24 | Report Abuse

Expect to break rm2 this 2 weeks! 5 percent return in less than a month, not so exciting!

Ozil

96 posts

Posted by Ozil > 2013-10-13 22:31 | Report Abuse

3rd and 4th quarter profits expected to improve ......share price should see an upward run soon.

micky92

759 posts

Posted by micky92 > 2013-10-16 18:55 | Report Abuse

uncle phang continue to accumulate...pls stay away if u want to play contra as uncle phang happily collected at discounted price..

Posted by mjusoh676 > 2013-10-18 08:58 | Report Abuse

i better wait and see......

caven101

911 posts

Posted by caven101 > 2013-10-20 22:59 | Report Abuse

wow...seem is good to collect on kim lun oh....

ZenJane

74 posts

Posted by ZenJane > 2013-10-23 11:01 | Report Abuse

Just collected some..good time to collect

Raymond

165 posts

Posted by Raymond > 2013-10-23 11:57 | Report Abuse

What happen today ? spike in price and volume ..... announcing new projects soon ?

KC Loh

13,701 posts

Posted by KC Loh > 2013-10-23 11:59 | Report Abuse

its called anticipation

http://klse.i3investor.com/blogs/amresearch/39062.jsp

tsurukame

778 posts

Posted by tsurukame > 2013-10-23 12:42 | Report Abuse

This is a good stock to hold for medium to long term investment...

ZenJane

74 posts

Posted by ZenJane > 2013-10-23 17:20 | Report Abuse

Will hold.

4u2c

3,553 posts

Posted by 4u2c > 2013-10-23 23:11 | Report Abuse

unlikely to fly in 2013.....maybe 2014 /2015 when their projects are completed and able to earn money. long term ....share cld doubled...billion dollar company.....

micky92

759 posts

Posted by micky92 > 2013-10-25 20:01 | Report Abuse

Awarded to built 70m project in bdr inskandar by spsetia...should break rm2 monday

Raymond

165 posts

Posted by Raymond > 2013-10-25 22:47 | Report Abuse

The Board of Directors of Kimlun Corporation Berhad (“KIMLUN" or "the Company”) is pleased to announce that its wholly-owned subsidiary, Kimlun Sdn Bhd had accepted the letter of award from Bukit Indah (Johor) Sdn. Bhd, a wholly owned subsidiary of SP Setia Bhd for the construction of apartments and ancillary buildings in Johor Bahru, Johor (“the Project”). The contract sum for the Project is Ringgit Malaysia Seventy Million Five Hundred Thousand Only (RM70,500,000).

The construction work is expected to be completed by October 2015.

The Company does not foresee any exceptional risk other than operational risks associated with the Project.

The Project is expected to contribute positively to the earnings and net assets of KIMLUN Group for the financial years during the contract period.

None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the above Project.

Ozil

96 posts

Posted by Ozil > 2013-10-27 15:53 | Report Abuse

Budget 2014: Construction sector remains overweight ..... Monday will fly ?

THE Government is continuing with the construction of large infrastructure projects to further upgrade road connectivity and public transport.

Among the projects is the 316km West Coast Expressway from Banting to Taiping to be built by Kumpulan Europlus Bhd for RM5bil on a build, operate and transfer basis.

“This is not new but it is a welcome move by the Government to support the project that has been delayed since 2008. The projects would add on to ongoing works like the Mass Rapid Transit (MRT), and Light Rail Transit (LRT) extensions,” said an analyst.

He said the Government seemed to be focusing more on public transport infrastructure especially rail projects and that the construction sector remained overweight with more contracts to be dished out.

Prime Minister Datuk Seri Najib Tun Razak also said the Ipoh-Padang Besar double-tracking project was still being built and would later be extended to Johor Baru. The electrified double-tracking project stretch between Ipoh and Padang Besar worth RM12.5bil was awarded to the MMC-Gamuda joint venture and the Seremban-Gemas stretch worth RM3.45bil to India’s Ircon International Ltd.

A total of RM2.9bil was also allocated under the Budget 2014 to upgrade rail tracks nationwide, and RM62mil more to provide “park and ride” facilities at LRT stations, KTM commuter stations and Express Rail Transit stations.

Syarikat Prasarana Negara Bhd (Prasarana), the owner and operator of RapidKL LRT, monorail and bus services, hoped more land would be allocated for the construction of park and ride facilities.

“Indeed, we need more park and ride facilities to encourage the public to switch from driving private vehicles to using public transportation. The trend is indeed changing, but we strongly feel that it needs to change more,” said group managing director Datuk Seri Shahril Mokhtar.

Prasarana opened a six-storey park and ride complex, with 1,260 parking bays at the Gombak LRT station in February, and would be opening similar facility with 1,140 parking bays at the Ampang LRT station next year.

The Government would also spend RM15.3mil to introduce a centralised taxi service system to ensure efficient mobilisation of taxi services.

A total of RM28mil would be utilised to build “last city terminals” and upgrading bus stops as well as providing “drop-and-ride” facilities, and a further RM28mil to refurbish Electric Multiple Units trains to ensure frequency and efficiency of services. It will also continue to subsidise RM52.9mil for uneconomical train routes in Pahang and Kelantan, which will benefit about 600,000 commuters.

In Sabah and Sarawak, the Government has allocated RM130mil to subsidise rural air transport for travel between urban and rural areas.

Stockman

684 posts

Posted by Stockman > 2013-10-27 18:46 | Report Abuse

Wow many projects these time that will benefit listed companies

angkor

451 posts

Posted by angkor > 2013-10-28 09:58 | Report Abuse

kim lun no power....

micky92

759 posts

Posted by micky92 > 2013-10-29 06:54 | Report Abuse

slow & steady...if u monitor the movement of this stck,it is on the uptrend

angkor

451 posts

Posted by angkor > 2013-10-29 21:31 | Report Abuse

Disposing land... to unlock value... good buy

Kumantong

66 posts

Posted by Kumantong > 2013-10-30 09:50 | Report Abuse

kim lun why no power? Volume getting lesser n lesser....

micky92

759 posts

Posted by micky92 > 2013-10-30 18:48 | Report Abuse

tp rm3.22...

imoogi99

1,640 posts

Posted by imoogi99 > 2013-10-31 21:24 | Report Abuse

Rights issue with free warrant just announce.

Raymond

165 posts

Posted by Raymond > 2013-10-31 21:25 | Report Abuse

tomorrow fly ?

Raymond

165 posts

Posted by Raymond > 2013-10-31 22:34 | Report Abuse

On behalf of the Board of Directors of Kimlun, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake a renounceable rights issue of 60,112,500 Rights Shares on the basis of one (1) Rights Share for every four (4) existing Kimlun Shares held together with 60,112,500 Warrants on the basis of one (1) Warrant for every one (1) Rights Share subscribed for, based on an entitlement date to be determined later.

micky92

759 posts

Posted by micky92 > 2013-11-01 03:45 | Report Abuse

Now I see why directors keep accumulating the store...

sephiroth

14,146 posts

Posted by sephiroth > 2013-11-01 09:21 | Report Abuse

boh lui already, now suck $$$ thru rights issue

Posted by investor8888 > 2013-11-01 10:14 | Report Abuse

hi sephiroth, y kimlun will drop after announce right issue ?

文耀

512 posts

Posted by 文耀 > 2013-11-01 10:19 | Report Abuse

Right issue = eat investors money..alwys remember that...price will continue drop to a point...then fluctuations will happened. ..opportunities are there for contra XD....short term price will continue to drop...XD

Posted by goldenhorn > 2013-11-01 10:20 | Report Abuse

isn't time to buy in more? how come it drops from 2 to 1.93?

caven101

911 posts

Posted by caven101 > 2013-11-01 10:23 | Report Abuse

what news for this counter? why drop so serious?

Posted by goldenhorn > 2013-11-01 10:27 | Report Abuse

Raymond mentioned the rights issue news...1 rights share for 4 existing share + free 1 wa

Kumantong

66 posts

Posted by Kumantong > 2013-11-01 11:01 | Report Abuse

Any idea wat the price for right issue? Regret not cabut yesterday@2.1 now shit....1.93!!!!

Posted by jennylee1382 > 2013-11-01 11:34 | Report Abuse

can anyone show me how to calculate the right issue

Posted by goldenhorn > 2013-11-01 12:10 | Report Abuse

Extract from the Kimlun Announcement in Bursa Malaysia:
For illustrative purposes only, the Rights Shares are assumed to be issued at an
indicative issue price of RM1.10 per Rights Share, which represents a discount of
approximately 37.85% to the theoretical ex-rights price of Kimlun Shares of RM1.77,
calculated based on the five (5)-day WAMP of Kimlun Shares up to and including 24
October 2013 of RM1.94.

The Warrants attached to the Rights Shares will be issued at no cost to the Entitled
Shareholders who subscribe for the Rights Shares.

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