Kuala Lumpur Kepong traded at 18.72 this Thursday March 5th, increasing 0.12 or 0.65 percent since the previous trading session. Looking back, over the last four weeks, Kuala Lumpur Kepong gained 4.39 percent. Over the last 12 months, its price fell by 11.28 percent. Looking ahead, we forecast Kuala Lumpur Kepong to be priced at 18.66 by the end of this quarter and at 17.56 in one year, according to Trading Economics global macro models projections and analysts expectations.
Kuala Lumpur Kepong Berhad (KLK) is a plantation company. The Company's principal activity is oil palm and rubber plantations. Its divisions include Plantations, Oleochemicals and Property. Its Plantation division's products include Palm Oil, Palm Kernels, Rubber - Latex Concentrate and Rubber - Block Rubber. Under the Oleochemicals division, its sulphonated methyl ester (SME) is a biodegradable surfactant produced from palm oil. Under its Property division, the Company is focused on constructing a private school offering kindergarten and primary school education. In its Oleochemicals division, the Company produces various types of fatty acids, glycerin, fatty amides, soap chips and derivatives from renewable plant-based materials. The Company's palm oil products include Crude Palm Oil, and Refined, Bleached and Deodorized (RBD) Palm Oil. Palm Kernels include Palm Kernel Oil and Palm Kernel Expeller Cakes.