KLUANG RUBBER CO (M) BHD
KLSE (MYR): KLUANG (2453)
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Last Price
4.75
Today's Change
-0.01 (0.21%)
Day's Change
4.75 - 4.75
Trading Volume
6,700
Meeting
| Ann. Date | Date | Time | Type | Venue | View |
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Discussions
1 person likes this. Showing 50 of 92 comments
Bought some more Kluang @ 3.12 & 3.13
04/04/2019 12:21 PM
Picked up my shares 2day =)
2019-04-09 17:38
Someone is pushing down kluang price... maybe make it look cheap then privatize it easier ..
2019-06-26 12:02
Last minute trading sure got ppl sell 1 unit 3.18 to push down the price ... definitely it’s not an investor ...
2019-07-01 16:51
Some insiders keep buying @ super low price,they know the real value !! And some smart kaki also know this stock worth @ high value n reluctant to sell !!!
2019-07-29 22:25
If you see the today commodities price, then probably you will wait a moment. Further more, their shares are thinning traded all the time, Good luck.
2019-10-13 08:59
luang Rubber Co (Malaya) Bhd has proposed a special dividend of five sen per share for the financial year ended June 30, 2019 (FY19), on top of a first and final dividend of one sen.
The company said the dividends are subject to shareholders' approval at the forthcoming annual general meeting.
They will be payable on Jan 6, 2020, to shareholders whose names appear on the record of depositors at the close of business on Dec 12, 2019.
2019-11-08 18:02
KLUANG RUBBER's earning performance has been overall unstable in last five years, whereby its earning per share overall fluctuated from -22.9 sen to 10.87sen. Its earnings mostly has been affected by high operating costs in the latest financial year. Dividend payout in the 2019 financial year totalled 6 sen per share, which corresponds to a dividend yield of 1.77%.
https://louisesinvesting.blogspot.com/2019/12/comments-on-kluang-rubber-co-malaya.html
2019-12-23 12:18
Motion for recurring related party transaction with Nyalas voted down at AGM. So, no directors fees for the controlling shareholder this year?
2020-12-31 07:43
Still holding on to my Kluang bought since 2013 & reduced in 2018 but re-purchased again =)
2021-09-08 09:54
Cash rich asset company!
Debt free
Highly undervalue
Please give bonus!!!!
2021-10-04 21:30
@donald770, news as @Antfinance mention in forum kuchai, tunggu yang lagi jelas news coming up
2021-10-06 11:16
Seems the wings flap up...
Bout to fly again!
Probably privatise or give bonus issues
2021-10-23 20:32
dompeilee Most M'sians also gong gong one...'invest' in unit trust happily pay $550 FEES to """professional"" gambler for every $10k they put in...now many down 40-60% in a few years, don't hv the guts to phone the cunn!ng fund manager to scold them for wasting assets...10 ppl pay his fees already he can jiak pa pah already...get paid for the privilege of playing with your hard-earned $...
Even worse, they dump the losing hopeless stocks into your unit trust but allocate the winners into their own proprietary portfolio...this AlexSUU(Kmouse is no less greeedy than Jho low...pay insufficient to even fill his car with petrol for 1 month but wanna hantam & all-in to earn $20k or more within a year LOL!
05/11/2021 4:13 PM
BODOH DOMPEILEE... MALAYSIAN ARE NOT GONG GONG PLS!!
16/11/2021 12:10 PM
2021-11-16 13:04
One of the metrics I used to screen for companies is the ROE. I then compared the ROE trends for the target company with the ROE of one or two reference companies where I have detailed fundamental analysis. If the ROE is better, then I will dig further into the fundamentals. When I did this comparison for Kluang with my 2 Bursa Plantation companies – Bplant and KLK, I did not find it to be good enough to dig further https://www.youtube.com/watch?v=9KhboTCMdEg
2023-12-03 15:31
This article first appeared in The Edge Malaysia Weekly on January 8, 2024 - January 14, 2024
ROUGHLY 15 months after Kuchai Development Bhd (KDB) completed distributing its 26.51% stake in Sungei Bagan Rubber Company (M) Bhd (Sg Bagan) to shareholders, the company ended the year with an announcement of a bigger deal.
This time around, KDB is selling its assets and liabilities valued at RM275.47 million to its sister company Sg Bagan in return for shares. Again, KDB will distribute Sg Bagan shares to its shareholders. For every 1,000 KDB shares, shareholders will be entitled to 222 Sg Bagan shares under the proposal.
The controlling shareholder Kluang Rubber Company (M) Bhd will get the lion’s share of the block of Sg Bagan shares being distributed.
Kluang Rubber holds a 42.21% stake in KDB and a 43.5% stake in Sg Bagan. It is, in turn, controlled by low-profile Singaporean businessman Lee Thor Seng and his sons — Justin Lee Chung-Shih and Colin Lee Yung-Shih — via their family vehicle The Nyalas Rubber Estates Ltd. Justin is the executive deputy chairman of KDB and Sg Bagan.
It is worth noting that the divestment consideration of RM275.47 million was RM120 million more than its market cap of RM154.68 million prior to the announcement.
The divestment, which unlocks the asset value of KDB, gave a strong boost to the share prices of the three companies, lifiting them to all-time peaks on the first trading day of 2024.
The move is seen by market observers as the nonagenarian Thor Seng’s attempts to further streamline his interest in the Bursa Malaysia-listed companies, apart from unlocking asset values. This has left many wondering about his next move with KDB, which will soon be a cash-rich listed shell company.
“Would he privatise Sg Bagan since most of the assets will be parked there?” muses a market observer.
2 weeks ago
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somebody encash the share dividen.
2019-03-26 10:03