Inch Kenneth Kajang Rubber Share Discussion Threads

[jimibt] 03/6/2003 22:55

bobalex2000 - if you're still in the country, well done. if you bought pre jan, you'd have picked up at 12p - now 350p... almost a 2700% profit!!!

lol

jimi

[bobalex2000] 09/1/2003 20:32

Buy the way...I bought 3 weeks ago! Not a lot I have to admit as I was merely curious. Certainly did not pay what they are asking now or indeed what they were asking 2 weeks ago. Not tried to sell yet but will be very interesting when I do.

[london trader] 26/11/2002 14:52

No one can actually buy into these I guess?

[rescuer] 26/11/2002 11:15

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.

[bobalex2000] 23/11/2002 23:33

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)

[bobalex2000] 23/11/2002 07:01

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.

[zcaprd7] 23/11/2002 03:55

I read some news a few months ago about it being so illiquid that it needed a few trades to feed through the system to sort it out.

Tried to buy online but can't - has anyone tride via a broker?

If you can get hold of some it would be a bargain!

[panagos] 23/11/2002 00:27

400% up today..LOL

[chicogabb] 22/11/2002 13:20

its weird eh?

what is going on with this - i mean, if all this is true, you could make a fortune.......however, if they always have a spread like the current one, then it would make little difference........

[bobalex2000] 21/11/2002 15:08

Why are there price fluctuations when there is no volume...dropped 90 odd percent the other day with no volume then went up a tad with no volume. Anyone explain? And look at the chart...250p at the start of the year..now 5p..spikes, drops like I've not seen on any other chart.

[mr shilling] 21/11/2002 15:00

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)

[d.j. derry] 15/11/2002 23:44

I've been unable to get any audited figures on this one,best left alone,i should think.

[double6] 15/11/2002 20:26

Are we missing something here ??

[poopsadaisy] 15/11/2002 19:13

Can anyone tell me why this stock is doing so badly it looks as though it could be worth some serious cash if it were to recover.
will this ever happen?

[jbat] 03/9/2002 13:20

Jimtad - blow me!

[digirushy] 31/8/2002 19:36

should i buy £500 worth monday?

[metz82] 30/8/2002 20:45

is it worth buyin now????

[oracle3] 30/8/2002 14:41

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.

[johndee] 30/8/2002 11:22

4.5 pence. No rise at all today. ERROR.

[daisy and rosie] 30/8/2002 10:58

very pleasant!

[jbat] 30/8/2002 09:39

Wahey, jimted, you're back!

[mikeyboy] 30/1/2002 23:42

Topped the risers chart today..rather bizarre there's no bid price! is that normal for this co.? chart is strange as well, wouldn't touch it with a barge pole.

[jimted] 29/8/2001 17:58

it looks a raging buy to me friends if..... you can buy them in any amount