KUCHAI DEVELOPMENT BHD

KLSE (MYR): KUCHAI (2186)

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Last Price

1.88

Today's Change

-0.02 (1.05%)

Day's Change

1.88 - 1.89

Trading Volume

156,800

Entitlement

Upcoming

Happening

Ann. Date Ex Date Type Subject Amount
Discussions
4 people like this. Showing 50 of 854 comments

TheContrarian

Kluang and Kuchai are the two largest shareholders in SBagan.

2021-09-11 13:06

Bedakong116

Kuchai"s stake in GE Life is about RM200m or just RM20m smaller than their cash position and other liquid investments worth another RM150m. So it is a real steal.

2021-09-13 17:34

Bedakong116

Their market cap is only RM220m!

2021-09-13 17:42

AhPek

Their income mainly derived from GE in S'pore. S'pore's economy should pick up faster.

2021-09-14 11:32

risktoreward

released kuchai @ 1.80

2021-09-24 15:13

AhPek

Look out for Kuchai. 1.98

2021-10-05 15:48

TheContrarian

Go, go, go Kuchai.

2021-10-05 16:17

Slc1

Kuchai go go go....

2021-10-05 16:33

Diamond7

Vow
Any news?

2021-10-05 17:07

Jimmy Lim

yes. good news

2021-10-05 20:20

Stronkstock

What is this stock? Anyone can share?

2021-10-05 22:21

Antfinance

Soon after Kuala Lumpur Kepong Bhd completed the acquisition of a 56.2% stake in IJM Plantations Bhd from IJM Corp Bhd, two low-profile plantation counters — Kluang Rubber Co (Malaya) Bhd and Sungei Bagan Rubber Co (Malaya) — saw strong buying interest last week. They rallied by as much as 21.8% and 37.8% respectively, to their highest levels in more than three years.

Their sister company, Kuchai Development Bhd, also gained 27.4% during the week.

These three companies are controlled by Singaporean businessman Lee Thor Seng via The Nyalas Rubber Estates Ltd, but their shares have not seen much interest on the market over the years.

In May this year, Sungei Bagan announced an asset swap deal that would effectively see The Nyalas Rubber Estates having greater control over Kuchai Development, which has a stake in Great Eastern Holdings Ltd —its prized asset.

This would also allow Sungei Bagan to simplify its ownership structure. Note that its legacy cross-shareholdings with Kuchai Development have been in place for more than 20 years. Currently, Sungei Bagan is 32.21%- and 26.51%-owned by Kluang Rubber and Kuchai Development respectively.

Under the proposal, Sungei Bagan is to give up its 9.44% stake in Kuchai Development to The Nyalas Rubber Estates.

The period for fulfilment or waiver of all the conditions as set out in the agreement has been extended for three months to Dec 7, 2021.

Are the recent share price gains a sign that more corporate exercises could be on the cards for these three companies?

Perhaps they need to put in more effort to create value for their shareholders — be it via mergers and acquisitions or the disposal of non-core assets — in view of the prevailing elevated crude palm oil prices. This is especially when they have healthy balance sheets, sitting on cash piles with almost no debt.

2021-10-05 22:38

zildjian

kuchai smelly smelly 2.370

2021-10-05 23:54

dompeilee

Looks to be correcting again =)

2021-10-11 15:34

Calvinharris

Dompeilee, 你认为Kuchai 值多少钱?

2021-10-12 07:29

Calvinharris

它好像会有被收购的价值。现在超低的。

2021-10-12 07:30

krish52

the minority shareholders in these companies should not be compromised at any cost.

2021-10-12 07:36

AhPek

What exercise are they intending to do?

2021-10-12 08:30

stockintalk

净资产这么高,又是净现金公司。你说呢?

2021-10-12 08:33

stockintalk

这几天,我和我几位同事和亲友们都在累计RM2.00 以下。
不涨就不涨咯,守着。
一旦涨了,相信可以看见RM3.00-RM5.00 不等。(我个人相信)

2021-10-12 08:35

zildjian

十八子家族闭上眼RM3.00一定来的一天

2021-10-14 23:18

zildjian

估仔RM2以下很值得累计的,太便宜了!

2021-10-14 23:21

zildjian

若要守着, 确定的要身强力壮 长寿 过那只 老 李!

2021-10-14 23:26

longtermvaluegain

早安,各位!

https://www.stockopedia.com/share-prices/great-eastern-holdings-SGX:G0...

Great Eastern Singapore Share price
S$ 21.65

Kuchai shake in Great Eastern Singapore more than 3,000,000 shares.
3 mil shares @S$ 21.65
=S$ 64,950,000

S$1.00=RM3.08

Kuchai's 3 mil shares in Great Eastern Singapore WORTH RM 200,046,000

单单我们只是计算Kuchai的那3 mil shares in GE Singapore都高达RM 2 亿令吉, 还没加上Kuchai 集团本身也已经是处于净现金公司状态的RM20 mil多呢!

Kuchai股本只有123.75 mil 张票.

这里,每股净现金而已都已经等于RM 1.78 价值.

别忘了,也别误会,Kuchai集团的净资产per share (NTA rm 3.925 ) 是没包括Kuchai 那个3 mil shares in Great Eastern Singapore呢!

2021-10-18 06:59

Slc1

Kuchai go go go...

2021-10-22 11:09

Jimmy Lim

watch out this kuchai kluang and sbagan! it’s coming

2021-10-26 11:15

Calvinharris

pang72, kamu nampak berminat dengan KUCHAI ( golden pig 金猪股)
cuma belum sampai masanya.

2021-11-02 16:00

mayongzheng

Huatlau, Kuchai miliki 3 mil units share dalam Great Eastern Singapore.
Satu hari nanti, bila jual 3 mil share itu, semua pemegang saham Kuchai tak kira major, minor or retailers shareholders, kemungkinan besar paling kurang bakal diagihkan RM1.60/unit dividend share.

2021-11-05 07:40

Jimmy Lim

come on 1.600

2021-11-08 16:22

AhPek

What is happening to Kuchai?

2021-11-09 16:42

mayongzheng

Correction price.

2021-11-09 18:13

birkincollector

wah 12mil shares off market transaction at 2.37...privatisation??

2021-11-12 17:06

Calvinharris

KUCHAI cuma ada 123.75 mil issued share.

2021-11-12 17:20

Calvinharris

Setiap ticket sungguh berharga dan bernilai.

2021-11-12 17:20

AhPek

Hi birkincollector, the 12mil off market transaction at 2.37 just happen?

2021-11-15 11:01

longtermvaluegain

Sg. Bagan Rubber sold 11,684,133 units share to Mr Lee Yung Shih with RM2.37/ticket ( a Singaporean).

2021-11-17 08:14

Jimmy Lim

kuchai RM1.760 now, cheap sales

2021-11-22 15:33

Jimmy Lim

For illustrative purposes, “a shareholder holding 1,000 KDB shares will be entitled to receive 142 Sg Bagan shares from the proposed dividend-in-specie”. Based on the market value of the distributable shares as at April 5, which was computed based on the market price of Sg Bagan shares of RM3.32 on that day, the amount to be utilised pursuant to the proposed dividend-in-specie is estimated at RM58.38 million.

2022-04-23 12:44

Jimmy Lim

tomorrow RM2.200 ?

2022-04-24 08:04

dompeilee

Bought 15 more lots of Kuchai fr 1.89 - 1.93, entitling me to 2,130 shrs of SBagan =)

2022-04-25 10:46

TheContrarian

Kuchai dropped to 1.88.

2022-04-26 09:56

dompeilee

Desperados & kancheong spiders will always be desperate & action junkies lol

2022-04-26 10:52

dompeilee

Like some of my ex-clients... ask them to hold for 1-3 mths also cannot...must fast fast earn....in a bear mkt, you gamble like that, die faster than a drunk @ the roulette table lol

2022-04-26 14:44

AhPek

Based on Sg Bagan share at $3.32, the dividend-in-specie is about $0.46 per share. That is fantastic.

2022-04-26 16:24

dompeilee

Let the short term desperado kaki judis unload...the smart ones are picking up their shares & waiting for FREE extremely undervalued SBagan shares...which can easily reach $5 in another 1-3 years.

2022-04-27 16:59

TheContrarian

Bought at 1.90 this morning.

2 months ago

Jimmy Lim

RM2.200 coming…

3 weeks ago

AhPek

Dividend-in-specie ex-date 17 Aug

1 week ago

AhPek

High volume but price drop???

1 week ago

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