ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

IKK Inch Kenneth

10.50
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Inch Kenneth LSE:IKK London Ordinary Share GB0004601091 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 10.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 10.50 GBX

Inch Kenneth Kajang Rubber (IKK) Latest News

Real-Time news about Inch Kenneth (London Stock Exchange): 0 recent articles

Inch Kenneth Kajang Rubber (IKK) Discussions and Chat

Inch Kenneth Kajang Rubber Forums and Chat

Date Time Title Posts
02/4/201322:41IKK with Charts & News11
05/7/200511:32why is this stock not doing so well.....27
03/9/200213:20Anyone know of this Co.?19

Add a New Thread

Inch Kenneth Kajang Rubber (IKK) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Inch Kenneth Kajang Rubber (IKK) Top Chat Posts

Top Posts
Posted at 03/1/2013 12:21 by coolen
Large buy-backs of IKK shares at 17p being reported on the RNS system over New Year.

Why the sudden desire of the company to buy-in ?
Posted at 08/10/2010 20:19 by coolen
Am I missing something here ?

The London price has beem stuck at 7p all year whilst the price on the main overseas market seems to have moved a wee bit:



The "historical price" link shows that 90 million have traded recently.

Can one short in one market and buy in the other ?
Posted at 22/2/2008 19:19 by jonwig
According to the Q3 numbers, the NAV was 12p per share.

Now they've just announced a property revaluation which appears to add 7.4p to the NAV - "This will result in the Company having an additional Revaluation Reserve of RM196,350,000 (RM0.47 per share).

So are we to take the NAV as 19.4p? (And it's all tangible.)

I see the quote is 9p (mid) but you rarely get both a bid and an offer on the ADVFN quote page, and there never seem to be any trades.

Also, no website, zero transparency, etc.
Posted at 05/7/2005 11:32 by jonwig
Looking a bit more, I think this would be a decent investment at 12.5p if the spread weren't 5p-20p!

Maybe the huge increase in number of shares in issue will improve liquidity?

Net tangible assets are ~12p.
The 15sen earnings per share referred to in the article is ~2p. So a P/E of ~6 at mid-price.

Here's an article which I found interesting:


Tuesday June 29, 2004

Inch Kenneth plans 50-for-1 bonus
By Yvonne Chong

INCH Kenneth Kajang Rubber plc has proposed a 50-for-1 bonus issue, the largest bonus offered by a listed company in Malaysia, and perhaps the region.

The proposed exercise will enlarge the company's current paid-up capital from RM4.45mil, comprising a mere 8.25 million shares of 10 pence each, to RM287.3mil comprising 420.75mil shares. This will more than meet the minimum paid-up capital of RM60mil required by the Securities Commission (SC) for companies listed on the main board of Bursa Malaysia.

Inch Kenneth's par value is in pence as it is a company registered in Britain. Its shares are listed on the stock exchanges of London, Malaysia and Singapore. Inch Kenneth investment development manager Hussain Ahmad Abdul Kader said in Kuala Lumpur yesterday the company's assets could support the enlarged share base and provide dividends in the near future.

He said although the bonus exercise would absorb almost 80% of the company's reserves, it would be able to recoup these reserves within three years.

Inch Kenneth has two large pieces of land with development potential in Selangor, which it can develop or sell for cash. Alternatively, they can be used in a share swap exercise to acquire new assets or business.

Inch Kenneth has zero borrowings. That will make it easier to realise the potential of its property assets.

"We expect our pre-tax profit to hit RM60mil within the next three years. The profit will be generated through property development and tourism. We expect earnings per share to be 15 sen by then. And by 2008 or 2009, plantations will again be our main revenue contributor," Hussain said.

In Kajang, Inch Kenneth has 346.6 acres of land which it expects to start developing by the end of this year. The gross development value of the project, which will take eight to 10 years to complete, is expected to be in the region of RM1.2bil.

The company also has 601.6 acres of land close to Bangi. It will soon be submitting plans to convert the land.

"We aim to develop the Kajang land either on our own or with a reputable developer. As for the Bangi land, we may sell it if the offer is attractive. We will then use the proceeds to acquire land banks in Sabah and Sarawak for our plantation business," Hussain said.

Inch Kenneth aims to further expand its tourism business. It expects higher revenue from its Perhentian Island Resort and aims to acquire other eco-tourism resorts or hotels, or hotels that have synergy with its current business module, locally or in neighbouring countries such as Thailand and Indonesia.

The company also has stakes of 17.4% in FA Peninsular Bhd (FAP) and 13.4% in Concrete Engineering Products Bhd (Cepco). In turn, FAP and Cepco have shareholdings of 10.6% and almost 3%, respectively, in Inch Kenneth. Given the surge in Inch Kenneth's value, it is not surprising that FAP rose 35 sen to RM1.63 and Cepco 21 sen to RM2.07.

Inch Kenneth, which was suspended yesterday, will resume trading today.

Here:
Posted at 07/8/2004 11:51 by explorer88
Check out OMG (www.omg3d.com / www.vicon.com)

With world class products, new markets opening up and cash available for further acquisitions, we expect OMG's turnover to increase dramatically in the next twelve months. Our fair value price targets for OMG are:

July 2005 : 52p (market cap. £28 million) + 116% on current level
July 2006 : 91p (market cap. £49 million) + 279% on current level

Current Price : 24p (market cap. £13 million)

Siggraph event starting Monday 9th August will generate significant sales for new MX system
Posted at 26/11/2002 11:15 by rescuer
bobalex >>> does look very appealing for a quick buck, but if you can get a buy, online or by telephone, who the hell is going to take them when you come to sell and at what price.

IMHO if you can get any just lock them away and close your eyes, should there be any sustainable volume then you'll make a killing.
Posted at 23/11/2002 23:33 by bobalex2000
Wow, that stock exchange is bloody complicated but this thing moves like no other stock I've seen! I see no reason why the stock should not continue to rise and fall the way it does except they (IKK) are now convinced that the plantation industry and their property development will have a huge effect on the stock price and that the markets are stabilising. Still a lot of research to do but I will definately be checking out the offer price on Monday. Even if I've got to pay 20p.....( current price 7p) the way it moves I could sell it for 3 quid next week. Not a ramp by the way...I just got interested last week with the huge price movements on no volume. The price movement will be based on the trades in Kuala Lumpur (14,000 on Friday last) but it is also listed on the LSE! Is it possible do you think to buy this thing at say 20/25p and sell next week at 2/3 quid?? Look at the chart!! I've still got a lot of research to do and will no doubt contact their head office and the operations manager in Kuala Lumpur. If things might turn out out like I hope, I will post



(after I've bought in of course)
Posted at 23/11/2002 07:01 by bobalex2000
They released finals on the 21st which looked fairly good to me but I intend researching a bit more. They sold a fair chunk of land which would account for a fair bit of cash and are in the process of negotiating more land sales with the Sengalese goverment. Yesterday (22/11/02) they reached a high of 25p low 6.5p. They are listed on the Kuala Lumpur stock exchange, which is going to me first port of call. Exchange rate currently is 5.994 / 01. If I find anything, I'll post. I will also try on Monday to see what the buy price is, as only the bid is showing everywhere I look.
Posted at 21/11/2002 15:00 by mr shilling
CityDesk - Inch Kenneth Kajang Rubber PLC
EPIC BID ASK MID Day Change
IKK 5.00 50.00 5.00 0.00 (0.00%)
Day Low Day High Volume ('000) % of avg. Volume 60-min Change
5.00 5.00 0 0.00% 0.00%
52-Week Low 52-Week High Turnover (£'000) Bought Sold
0.00 0.00 0 0.00% 0.00%
Large Block Trades: 0.00% 0.00%
Small Block Trades: 0.00% 0.00%
MarketMaker to MarketMaker: £0 £0
Bargain Condition ('T+') Trades: £0 £0
Snapshot taken on Thu, 21/Nov/2002 - 14:31


Glossary and Information about CityDesk

Snapshots
Time BID / ASK Change Volume
08:00 5.00 / 50.00 unchanged 0
08:30 5.00 / 50.00 unchanged 0
09:00 5.00 / 50.00 unchanged 0
09:30 5.00 / 50.00 unchanged 0
10:00 5.00 / 50.00 unchanged 0
10:30 5.00 / 50.00 unchanged 0
11:00 5.00 / 50.00 unchanged 0
11:30 5.00 / 50.00 unchanged 0
12:00 5.00 / 50.00 unchanged 0


Time BID / ASK Change Volume
12:30 5.00 / 50.00 unchanged 0
13:00 5.00 / 50.00 unchanged 0
13:30 5.00 / 50.00 unchanged 0
14:00 5.00 / 50.00 unchanged 0
14:30 5.00 / 50.00 unchanged 0


Looks like they could be asking 10 times the bid price.Not worth the risk unless you can buy them at 5p then its still a BIG gamble
May be you should see what you can buy them at and then decide

I'm just gussing Like you it looks very appealing for a £500 blag (at 0.05p a share)
Posted at 30/8/2002 14:41 by oracle3
LONDON (ShareCast) - The share price of Malaysian oil palm grower Inch Kenneth Kajang Rubber seemed to collapse 145.5p to just 4.5p. However, no shares changed hands all day and the dramatic price change was explained by the complete absence of serious offers to buy or sell the shares in the Stock Exchange's automatic trading system, the Telegraph says. Traders reckoned this left only a couple of "silly bids and offers" in the system, which moved the mid-price of the shares accordingly. The price was expected to return to previous levels when the shares next change hands.
Inch Kenneth Kajang Rubber share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock