Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Kim Loong Resources Berhad, an investment holding company, cultivates oil palm in Malaysia. The company operates in two segments, Plantation and Milling. It processes and markets oil palm and palm kernel products. The company also extracts residual oil from wet palm fiber; converts palm fiber; and manufactures health supplements and food ingredients. In addition, it engages in the trading of fresh fruit bunches; and biogas and power generation activities. As of January 31, 2022, it had a total plantation land holdings area of 16,922 hectares. The company was incorporated in 1975 and is based in Johor Bahru, Malaysia. Kim Loong Resources Berhad is a subsidiary of Sharikat Kim Loong Sendirian Berhad.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value
Target Price
The average target price of 5027.KL is 2.3 and suggests 8% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de
Buy
Sell