4:37 pm - Tradeguider detected "Basic Test" Kulim last week. Wow ! 18 L/C today.

I think TRadeguider is a good investment for filtering shares. I like those counters which had a base but not yet 18L/C.

The insiders were accumulating earlier before they released this news today at 4.30 pm.

Malaysia's Kulim target raised to 12.60 rgt on unit's strong performance - OSK KUALA LUMPUR (Thomson Financial) - OSK Investment Bank said Monday it has upgraded its target price on Malaysian palm oil company Kulim Bhd by 28 percent to 12.60 ringgit as the stock is likely to play catch-up with the strong share price performance of its London-listed unit. The share price of New Britain Palm Oil, the largest palm oil producer in Australasia, has more than doubled to 398 pence per share since its debut last month on the London Stock Exchange (LSE). "We believe Kulim is on the verge of a major re-rating as value accretes from the strong run-up of subsidiary New Britain's stock price on the LSE, creating upward pressure on Kulim's share price," said analyst Alvin Tai in a research note. Kulim's total planted land in Malaysia, Papua New Guinea and the Solomon Islands is about 68,602 hectares. In Malaysia, its plantation estates are primarily located in the southern state of Johor. In November, the company booked third-quarter net profit of 160.31 million ringgit, up from 21.07 million ringgit a year earlier. Besides oil palm plantation, Kulim also has interests in a number of fast-food chains, including KFC and Pizza Hut. It controls the fast-food businesses via listed QSR Brands Bhd. OSK has a "buy" call on Kulim. At 4.27 pm, Kulim shares jumped 90 sen or 11.3 percent to 8.90 ringgit. (1 US dollar = 3.28 ringgit)