The major reason why BKawan is undervalued, are because of its liquidity, and it is a holding company.
KLK is the stock most fund manager must/will/want to have, as it is an index linked, a big cap and major plantation stocks.
BKawan is not.
Another reason, BKawan is holding company, cash and profit are bulk come from KLK, and rely on KLK. BKawan itself business is rather small only.
KLK is the one directly involve the plantation businesses, cash generator.
Until Bkawan sell off its entire stake in KLK, the value of KLK holding only will be realised.
So the value is not unlocked, no matter how high the value, you can see but cannot touch.

Investor buying share want to share a profit, not seeing value/profit in the window.

Added on December 2, 2010, 1:45 pmQUOTE(alicewilliam8 @ Dec 2 2010, 12:05 PM)
Hi,
Will i entitle CIMB dividend if i buy it today & sell it after 9am on 3 Dec?
CIMB dividend EX-date is : 03/12/2010
Entitlement date : 08/12/2010
Entitlement description : Single Tier Special Dividend of 13.45 sen per share for the financial year ending 31 December 2010.
Thanks
Yes
QUOTE(jasontoh @ Dec 2 2010, 12:07 PM)
Why want to go? Is it we can vote anyone to be CEO? If can, next time find more frens go there become CEO candidate

Can, if you hold more than 51%.
QUOTE(teehk_tee @ Dec 2 2010, 12:07 PM)
i suppose maybe because I thought by being a good investor includes attending all their AGMs (when i first started out.. so gullible). when i told my dad I attended this that this that AGM he facepalm and say.. son, nobody goes to those AGMs. then i felt like a total noob after that n attend less AGMs liao.
i see.. i see..

nice way to get close to the boss.
If you have leisure time, then why not.
Go to grill the directors if anything unhappy issue.
But mostly AGM is like formality only.
Good and well managed company has little issue on AGM generally.
As we can see everything from the annual report already.
If more people want to attend AGM/EGM, something is not right or unsatisfy on some management issue. Setting aside the free-gift attraction.
This post has been edited by cherroy: Dec 2 2010, 01:45 PM