When it is down turn , then it is Opportunity! Same go for Kulim!
Reasons I say so:
- Special dividend of 83-92 cents pending to be distribute after disposal of KFC and QSR. With current price of RM 4.36, it offers you a buy for Kulim at RM 3.5 with is the year LOW!
- The current downturn of the price is actually due to heavy selling by EPF, maybe its due to its weaker QE 3 result, nevertheless, you should take a look at the heavy buy back by the company its self as well!
- Its NTA of RM 5.07
Is it the bottom of the price? I don't know, but it is definitely a safe bet at current level!
It may drop further if the EPF dispose more than the share buy back by Kulim.
Let 's us rock and row!