Posted by John1234 > 2020-06-12 08:53 | Report Abuse

In a volatile mkt, mkt operator likes to exploit on our fear factor to maximise his gains. Mkt is a strong interplay of forces between greed and fear.

Posted by John1234 > 2020-06-12 09:12 | Report Abuse

Bought some at 36 sen...

Posted by John1234 > 2020-06-12 09:20 | Report Abuse

If you buy now, you must have holding power. Not for contra trades..

Posted by mayongzheng > 2020-06-12 09:23 | Report Abuse

Memang tepat apa yang didakwa oleh saudara longtermvaluegain.

Jumlah ticket KUB 556.46 mil
Aliran Tunai Bersih RM209.6 mil
Maka, ALIRAN TUNAI BERSIH SETIAP TICKET KUB ADALAH RM0.3767.

Posted by John1234 > 2020-06-12 09:28 | Report Abuse

There seems to be some contra selling pressure from yesterday...

Posted by John1234 > 2020-06-12 09:35 | Report Abuse

In a volatile market, do not try to time the market. We need to space out our purchases in batches to take advantage of dollar cost averaging...

Posted by mayongzheng > 2020-06-12 09:44 | Report Abuse

Dah simpan 37 sen KUB skrg.

Posted by John1234 > 2020-06-12 13:54 | Report Abuse

Compared to most glove counters forums, this forum is relatively deserted, with a much lower viewership. So, there is no surprise this counter can remain under-valued, if there is a lack of publicity channels to promote its intrinsic value, like most investment banks/analysts do for other counters, with their target prices.

Share price is a reflection of mkt forces(ie mkt demand and supply). When more investors get to appreciate its discounted intrinsic value, we can expect a higher share price.

Meanwhile, it offers us a great opportunity to collect cheap, like the operator does.

Posted by John1234 > 2020-06-12 17:24 | Report Abuse

Closed at 38.5 sen, near its day's high of 39 sen, ahead of a weekend. A hammer candlestick formation, with a smaller trading vol though, to absorb some contra selling pressure from yesterday's huge trades.

Got to see next week's actions....

Posted by Solomon7 > 2020-06-13 14:09 | Report Abuse

Next Monday is interesting.

Posted by mayongzheng > 2020-06-13 17:30 | Report Abuse

Yesterday also added 38 sen and 38.5 sen.

Posted by BujangSenang > 2020-06-14 14:05 | Report Abuse

KK6088... me to bought 0.500 cent a year ago
Just keep and close my eye .Que sera, sera ....

Posted by John1234 > 2020-06-15 12:27 | Report Abuse

Mkt is weak today. KLCI is down 29 pts. Most counters are down. So, this counter remains in a consolidation mode this morning, being T+2 as well.

Mkt is still volatile. There is really nothing to shout about yet. I just watch the mkt operator in "churning" mode, to meet his KPI for today.

Operators love to use volatile times to shake out weak and contra holders, even glove counters are no exception today...

Posted by mayongzheng > 2020-06-15 15:13 | Report Abuse

sedapnya KUB!
AKU BELI SAJA.

Posted by John1234 > 2020-06-15 17:15 | Report Abuse

Closed at 35.5 sen on T+2 day.

I was looking at the glove counters. All major glove counters listed at Bursa were pushed down sharply today. But Riverstone, the one listed on SGX, was down only 4 cts. Aren't the price movements at Bursa odd? Something to ponder about...

Posted by John1234 > 2020-06-16 09:09 | Report Abuse

Yesterday, Bursa was down 47 points as market was worried of another selloff of about 900 points in Dow. But Dow recovered from a low and turned positive instead after Fed stepped in again. So, we can expect a good rebound today...

Posted by John1234 > 2020-06-16 10:09 | Report Abuse

Looks like the mystery is already unravelled by today's market actions. All thanks to the glove counter operators of Bursa. The same can be deduced for KUB Malaysia too for the "churning down" actions yesterday..
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I was looking at the glove counters. All major glove counters listed at Bursa were pushed down sharply today. But Riverstone, the one listed on SGX, was down only 4 cts. Aren't the price movements at Bursa odd? Something to ponder about...

Posted by John1234 > 2020-06-16 13:55 | Report Abuse

KLCI is up 28.37 points at this morning closing and this is above its 200 days moving average. KUB Malaysia is closed at 39.5 sen, back to yesterday's price(before the push down)...

I hope none of you got shaken out yesterday...
https://www.theedgemarkets.com/article/klci-186-regional-markets-rally...

Posted by John1234 > 2020-06-16 13:59 | Report Abuse

Dow futures surge amid report that Trump is preparing $1 trillion infrastructure proposal...

Posted by John1234 > 2020-06-16 17:18 | Report Abuse

Closed at 38.5 sen. Market is hot today. Gainers outnumber losers by almost 4.5 times..
https://www.thestar.com.my/business/business-news/2020/06/16/crude-palm-oil-futures-climb-plantation-stocks-advance#cxrecs_s

Posted by John1234 > 2020-06-16 22:41 | Report Abuse

Like KLCI today, I just checked that KUB's upsloping 50 days moving average line has just touched its 200 days moving average line, a bullish indicator, if accompanied with good trading vol.

Let's see how it fares tomorrow..

Posted by longtermvaluegain > 2020-06-17 06:39 | Report Abuse

Below41 sen better buy.

Posted by John1234 > 2020-06-17 11:29 | Report Abuse

This morning, a lot of counters are down. But this counter is still holding at 38.5 sen.....

Posted by John1234 > 2020-06-17 13:05 | Report Abuse

Wow, 40/40.5 sen at this morning closing...

Posted by Solomon7 > 2020-06-17 13:44 | Report Abuse

John, maybe it will break the recent high today?

Posted by John1234 > 2020-06-17 14:16 | Report Abuse

Hope so...like Prestariang....

Posted by Solomon7 > 2020-06-17 14:44 | Report Abuse

Learning from you, John.

Posted by ruslimz > 2020-06-17 16:33 | Report Abuse

Done day trade today...buy 40sen..sell 41sen....

Posted by John1234 > 2020-06-17 17:16 | Report Abuse

Solomon7, it takes time to acquire the analytical skill.

Closed at 40.5 sen. But trading vol is not big enough to be conclusive. Hopefully, the operator will move up the price slowly each day in such small vols, then it will be easier to break the 46 sen high...

Posted by Solomon7 > 2020-06-17 17:24 | Report Abuse

John, I suspect the next price move is related to 5G project. They used to have good ICT team a few decade ago. Perhaps they are working with it now.

Posted by John1234 > 2020-06-17 18:00 | Report Abuse

Solomon7, anything is possible. Only the operator knows it better..

Perhaps, any other forumer who knows about the progress can update us on this...

Posted by John1234 > 2020-06-18 09:58 | Report Abuse

Dow futures are down. So, the operator decides to "churn" lower this morning to meet his KPI for today....

Posted by trader808 > 2020-06-18 12:12 | Report Abuse

This balance sheet of this company has improved substantially since the entry of former finance minister a year ago. In 2019 March the company has cash 99.2m and interest bearing borrowings of 114.2m plus 24.4m. So the total amount of long term n short term borrowing is 138.7m. Basing on the latest 1st Q result. the borrowing has substantially reduced to 92m and cash increased to 121m

The company is going through the process of rationalization by disposing off non core business.
The latest announcement was the disposal of plantation in Johor at 158m in which KUB will realize a disposal gain of 122m by end of 2020. The proceed of disposal will increase the cash balance of the company to 121 +158 = 279m. Assuming the company can reduced the borrowing by another 10m at year end, then the borrowing would be 82m. If we take the cash 279m minus 82m debts the net cash of the company by year end would be 197m
The company has 556m shares. that mean the Net cash per share is 35.5sen
At its recent low of 35.5sen just last week also means investors who bought the share in KUB is fully supported by equal amount of cash and investor got the rest of the assets for free.

Posted by 123eztrade > 2020-06-18 14:04 | Report Abuse

may I know what will be the core biz of KUB ??

Posted by John1234 > 2020-06-18 14:05 | Report Abuse

Trader808, thanks for your points!

Hope we can get other valuable inputs from other forumers as well. Market can be volatile. We should not let the market operator collect cheap from us...

Posted by John1234 > 2020-06-18 14:08 | Report Abuse

123eztrade, for your info...
http://www.kub.com/kmb/corporate-info.html

Posted by mayongzheng > 2020-06-18 15:12 | Report Abuse

5 项主要业务。

Posted by John1234 > 2020-06-18 18:30 | Report Abuse

Closed at 39 sen, dragged down by a 21.41 points drop of the KLCI index. It recorded one of the lowest trading vols today in recent history. Market operator was seen stacking up buy queues at 39 sen. No chance to buy at a lower price today...

Posted by Moneyking543 > 2020-06-18 18:55 | Report Abuse

just continue to queue lower price

Posted by John1234 > 2020-06-18 19:24 | Report Abuse

Yes. Queued at 38 sen...not done. Anyway, it is moving up along the 20 days moving average line...

Posted by John1234 > 2020-06-19 07:49 | Report Abuse

To evaluate if a stock is overpriced after the recent price rally? One way is to look at Bursa filings on major shareholders' changes in share holdings.

So far, the major shareholders did not sell a single share recently even when its share price moved up above 40 sen.

Share price can be volatile(over or under-priced) in the short term. But it will move towards its fair value in the longer term.

Posted by luckypunting > 2020-06-19 10:10 | Report Abuse

there seems to have some buyers supporting the price ... difficult to buy more below 0.37 ... :p

Posted by NoPainNoGain > 2020-06-19 12:00 | Report Abuse

It always seem like 2 groups keep disagreeing with each other.

Wonder when they will (or will they ever) agreed to move this towards one direction.

Posted by Investing_Bursa > 2020-06-19 12:02 | Report Abuse

Its climbing fast

Posted by thesteward > 2020-06-19 12:49 | Report Abuse

Will fly afternoon

Posted by John1234 > 2020-06-19 12:51 | Report Abuse

41.5/42

The mkt operator might have read our postings and understood our buy-low strategy. He tried to keep the trading vol low in the past few days to keep punters/traders away during accumulation.

Got to see how it goes this afternoon....

Posted by John1234 > 2020-06-19 13:37 | Report Abuse

NoPainNoGain, I was thinking like you when I was a newbie. Market operator needs to use the buy and sell queues to confuse traders/investors.

If the operator decides to play up the share price, any sell queues can be cleared in a minute or less.
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NoPainNoGain It always seem like 2 groups keep disagreeing with each other.

Wonder when they will (or will they ever) agreed to move this towards one direction.

Posted by EngineeringProfit > 2020-06-19 13:38 | Report Abuse

Buyers and sellers are always there....

Posted by EngineeringProfit > 2020-06-19 13:39 | Report Abuse

If u want to buy.....

.....there must have a matching seller

Posted by Investing_Bursa > 2020-06-19 14:33 | Report Abuse

Momentum is strong today !