FARLIM GROUP (M) BHD

KLSE (MYR): FARLIM (6041)

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Last Price

0.20

Today's Change

-0.01 (4.76%)

Day's Change

0.20 - 0.20

Trading Volume

1,000


3 people like this.

321 comment(s). Last comment by ahbah 2023-12-06 12:10

Posted by Cheh Chee Wai > 2013-04-09 19:01 | Report Abuse

sold at 25cent and now its 30!!

iafx

4,632 posts

Posted by iafx > 2013-04-20 10:02 | Report Abuse

zero div since 1999, rolling quarters eps -3.3, pass 5 years operation is waterfall-ing. plus negative net free cash, land sell is unlikely to benefit common shareholder

iafx

4,632 posts

Posted by iafx > 2013-04-21 15:20 | Report Abuse

move vs goreng r NOT the same :)

mg42

305 posts

Posted by mg42 > 2013-04-22 12:42 | Report Abuse

this company nearly bankrupt! not worth to buy!!!!!!!

mg42

305 posts

Posted by mg42 > 2013-04-22 17:00 | Report Abuse

Farlim is totally rubbish company! U all will find out later!!!

zennix85

96 posts

Posted by zennix85 > 2013-04-22 23:12 | Report Abuse

mg42..u r trying to convince ppl throw the shares at lower price so that u can collect it and earn a big gain later when FL flies within this 2 weeks? I think you should know the reason why this counter has been sleeping so long time but suddenly becomes so active in term of volume? Think

mg42

305 posts

Posted by mg42 > 2013-04-23 12:48 | Report Abuse

Sell Farlim today!!!!! trust me! U all will get burn if keep this rubbish stock!

zennix85

96 posts

Posted by zennix85 > 2013-04-23 14:19 | Report Abuse

how u know? pls justify ur view. dun simply assume! so curious :)

raykhor

79 posts

Posted by raykhor > 2013-05-20 12:32 | Report Abuse

I think it will reach its next resistant at 0.36. Chia are you still holding?

raykhor

79 posts

Posted by raykhor > 2013-05-21 09:32 | Report Abuse

Chia, do you think it will breach 0.40 this week? All the buying pressure suggests the quarter report to be a positive one.

vinvin

4,495 posts

Posted by vinvin > 2013-09-18 09:29 | Report Abuse

Nathan, the price now is already 40sen n will be going up further.

Posted by Nathan Archibald > 2013-09-18 10:53 | Report Abuse

Resistance breached. Time to buy?

zamsaham

778 posts

Posted by zamsaham > 2013-09-18 10:57 | Report Abuse

@ NATHAN . No, used to be RM16 counter, YES SIXTEEN RINGGIT.

tonylim

4,796 posts

Posted by tonylim > 2013-09-18 11:07 | Report Abuse

..

Posted by Kaszaree Kasim > 2013-09-18 11:31 | Report Abuse

@Zamsaham when was that?

tonylim

4,796 posts

Posted by tonylim > 2013-09-18 11:40 | Report Abuse

zam, betul. kenapa dah jadi koyak

tonylim

4,796 posts

Posted by tonylim > 2013-09-18 11:45 | Report Abuse

follow through now

Posted by Kaszaree Kasim > 2013-09-18 11:50 | Report Abuse

steady upward pacing

tjhldg

27,218 posts

Posted by tjhldg > 2013-09-18 11:56 | Report Abuse

huat ah

iafx

4,632 posts

Posted by iafx > 2013-09-18 12:00 | Report Abuse

thanks to Focal, now susah property counters become "target", hahahahaa... pandai-pandai yeah...

tjhldg

27,218 posts

Posted by tjhldg > 2013-09-18 12:22 | Report Abuse

sayonara

Posted by Nathan Archibald > 2013-09-18 13:19 | Report Abuse

16? Well the resistance for the past few years had been at 0.39, so definitely in the green as long as it can stay above 0.39. Views?

up41

70 posts

Posted by up41 > 2013-09-23 10:22 | Report Abuse

How high can it go ?

七龍珠

32 posts

Posted by 七龍珠 > 2013-09-23 10:59 | Report Abuse

goreng loh

feifun

376 posts

Posted by feifun > 2013-09-23 11:00 | Report Abuse

farlim is flying

feifun

376 posts

Posted by feifun > 2013-09-23 11:07 | Report Abuse

another take over target? used to be a big player in Penang, now low profile. still hv some land on hand in Penang, Selangor and Terengganu

up41

70 posts

Posted by up41 > 2013-09-23 13:37 | Report Abuse

Interesting. Just browse through some announcement and last year accounts. Note 12 & 5 of last year accounts showed company swap an amount owing by a company controlled by key persons with 1/4 share of a piece of land at about 57 million. 57 million?? That is quite a high % of the total value of the company. What is the actual market value now with Penang property price shot through the roof. Who own the balance 3/4 ? No answer from the a/c. The company directors was fined recently by authority for non disclosure of material transaction. Could this round of share prices jump be another similar violation incident ?????????

izoklse

5,272 posts

Posted by izoklse > 2013-09-23 14:33 | Report Abuse

another potential counter to limit up

izoklse

5,272 posts

Posted by izoklse > 2013-09-23 14:50 | Report Abuse

heheh on the way to limit up :-) . KLSE now days give us lot of joy.

Posted by ShareDoomU123 > 2013-09-23 15:00 | Report Abuse

GOGOGO~~~FAST FAST BUY TILL LIMIT UP

feifun

376 posts

Posted by feifun > 2013-09-23 15:01 | Report Abuse

now quite risky unless got definite news

Posted by Nathan Archibald > 2013-09-23 17:12 | Report Abuse

TP 0.80

七龍珠

32 posts

Posted by 七龍珠 > 2013-09-23 18:23 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS FARLIM GROUP (MALAYSIA) BHD (“FARLIM” OR “COMPANY” OR “VENDOR”) PROPOSED DISPOSAL OF LANDS FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM112.50 MILLION
FARLIM GROUP (MALAYSIA) BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description FARLIM GROUP (MALAYSIA) BHD (“FARLIM” OR “COMPANY” OR “VENDOR”)

PROPOSED DISPOSAL OF LANDS FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM112.50 MILLION
On behalf of the Board of Directors of Farlim (“Board”), AmInvestment Bank Berhad wishes to announce that the Company had on 23 September 2013 entered into a conditional sale and purchase agreement (“SPA”) to dispose of the following:-
(a) ¼ undivided share of freehold land of Lot 1561, Section 3, Town of Air Itam held under No. Hakmilik GRN 43187 (“Lot 1561”);

(b) ¼ undivided share of freehold land of Lot 1584, Mukim 13 held under No. Hakmilik GRN 53264 (“Lot 1584”); and

(c) 11/100 undivided share of freehold land of Lot 1457, Mukim 13 held under No. Hakmilik GRN 4661 (“Lot 1457”),

all within the district of Timur Laut, Penang, measuring an aggregate gross area reflecting the undivided share of the Company in and to the above lands of approximately 1,022,742.96 square feet (collectively known as the “Disposal Lands”), to 1MDB RE (Ayer Itam) Sdn Bhd (formerly known as Aluminium Development Company Sdn Bhd) (“1MDB RE (Ayer Itam)” or the “Purchaser”) for a total cash consideration of RM112,501,725.60 (“Disposal Consideration”) (“Proposed Disposal”), or RM110 per square foot. For the purpose of this announcement, all of the three (3) Lots 1561, 1584 and 1457 in their entirety shall collectively be referred to as the “Lands”.

Please refer to the attachment below for further details.

This announcement is dated 23 September 2013.

winman 1

512 posts

Posted by winman 1 > 2013-09-23 21:51 | Report Abuse

chances of further upside is bright

hobson64

653 posts

Posted by hobson64 > 2013-09-23 22:01 | Report Abuse

Is time for small cap play now, Focal, Narra, Wong, Farlim, MPcorp, Hibiscus-Wa, Fcw-Wa to name a few. There will be more like Abric, Tawin, YKGI , Minho and all the odd counters which are still deemed undervalued.

klse88

264 posts

Posted by klse88 > 2013-09-24 10:23 | Report Abuse

Bettee play tms. Going to reach .20sen soon

up41

70 posts

Posted by up41 > 2013-09-30 20:27 | Report Abuse

The interesting thing about the recent disclosure is: what is not disclosed i.e. who own the balance of 3/4 of the land - that is few hundred million masuk pocket base on the same valuation.

tjhldg

27,218 posts

Posted by tjhldg > 2013-10-10 15:52 | Report Abuse

testing

Posted by Nathan Archibald > 2013-10-12 02:41 | Report Abuse

testing?

Posted by Nathan Archibald > 2013-10-12 02:42 | Report Abuse

further upside?

ameen007

152 posts

Posted by ameen007 > 2013-10-24 22:31 | Report Abuse

Twice I tried this counter. Mau naik naik sajalah...

albertng

452 posts

Posted by albertng > 2013-10-25 06:08 | Report Abuse

Klse tms is down trend

Posted by bonescythe > 2013-10-30 00:15 | Report Abuse

Get ready for another flying session

http://bonescythe.blogspot.com/2013/10/farlim-firing-limitation.html

jjoker

390 posts

Posted by jjoker > 2013-10-30 00:23 | Report Abuse

Can wait ah? Just in case tomorrow overslept. :P

Posted by bonescythe > 2013-10-30 09:14 | Report Abuse

Hahaha. It flew already so fast

lkm51

4 posts

Posted by lkm51 > 2013-10-30 09:33 | Report Abuse

TP 0.56 for this? looking to break barrier of 0.555

jjoker

390 posts

Posted by jjoker > 2013-10-30 09:33 | Report Abuse

Not dare to buy also, jalan like that..

lkm51

4 posts

Posted by lkm51 > 2013-10-30 09:37 | Report Abuse

waiting for a break... buy and sell units are healthy... volume healthy...

trioloo86

294 posts

Posted by trioloo86 > 2013-10-30 09:48 | Report Abuse

farlim coming ad... good...

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