it will be better to play safe coz this counter has been in speculative play since August around 2.20-2.40 level, its sudden knee jerk to the present level at 2.70-2.80 . Many analysts put the TP at 2.60 -3.00 . So the present price is above the TP as suggested. Any upside is limited in nature but do not rule out the possibility . For quick kill , may be the answer , for long term , still has to wait at a comfortable level where the risks r manageable. A lot of market play r pseudo in nature . All r disguised to trap people like us ie small fishes who r vulnerable to their complicated n misleading moves like in chess. Just a word of caution but the final decision is still yours. Happy Trading n Happy Malaysia day.

The write up suggested that its share TP is 78 cts, 87 cts n 91 cts which r all above the present price given the fact that it has disposed its water concessions in China at a tune of 500 m to concentrate on its latest JV Eco- World. Since Salcon is controlled n managed by his son n he is going to leave SP Setia soon , the possibility is great that Salcon will be the right vehicle for him to launch a new venture which he is old at hand ie property.

thanks for the updates

ai c mai c n kit sin lo

is this co related to Tan Sri Liew from his former SP Setia?

do u think rubber price will still be coming down further? No way ! when the war is imminent , oil price will soar likewise rubber price coz it follows the oil price. when Thai govt is buying at premium from its rubber producers , do u think they will sell cheaply? All r in the ball game , so pls do not be too happy or too sad when it goes either way . The worst has yet to come when the foreign players exit en-block in a single day n u will know the goeing is the beginning or the end. Happy trading n happy Malaysia day.

whether TS Liew is involved here? If he is then this counter will be jewel in the making?

now dropping to 2.70 , it will be going S.....until it finds its support level. if going down further , all the goreng mongerers will run for cover n u will be left hanging alone ? Big vol means goreng n more goreng but small vol is the best time to slowly accumulate unless u too go for quick kill .

oh I see , may be I m not as sensitive n knowledgeable as the others . I m holding to my principles that when market crumbles is the best time to source good shares but yo yo market rt now is good for short kill whenever possible . Not advisable to hold any shares for long term...latest US market gain come to a stop , so what happens?

man man tan lo.....

if analyst's prediction r correct , they would have made tons of $ ? How come they r still analysts? Do u believe what they r talking?

prkcorp also earning 44 cts /share n paid good dividend but its price is in the region of 2.70-2.90 ? rather cheap compared with scientx which also earning around that . But with the higher cost of electricity imminent in future , I do not think the gain in earnings will be substancial enough to justify such a good price at RM 5.00-6.00 ? this is my 2 cts analysis..

yes shall buy around 1.45-1.47 , though making some money but never pay dividend , so u r out for this counter.

the play has long been ended prematurely ....

this stock is penny stock play coz low price n big vol but sadly vol is dropping fast ?

SLOWLY EXITING FROM THIS COUNTER ....

JUST LIKE MOST ANALYSTS SAID THAT KSENG MAY BREACH RM20.00 N REPORTED IN NANYANG SIANG PAO PLUS OTHER ANALYSTS FREELANCE OR FR OTHER BROKING HOUSES , PREDICTED RM 17...RM 20..RM 50 BUT WHAT IT IS NOW ? IT ONLY "LAKU" RM 5.00 AND ABOVE ? ANY BASIS ? PRACTICALLY ALL ARE PREDICTIONS WHICH NEVER COME TRUE . IF YES, THE PERCENTAGE IS RATHER LOW, MY FRENZ. PLS DO NOT BE CAUGHT BY THE GORENG MONGERERS...

if doing trading ( goreng) , I have no say but at this price , this counter definitely is overpriced by any method.

vol very small n chances for an upswing may take some time yet

IT SEEMED THAT EPF WAS BUYING N SELLING SHARES? HOW LONG IT WILL LAST IS ANOTHER MATTER ALTOGETHER? TAK TAKUT MATI MASUKLAH....

PRESENT PRICE 0.21, TP IS 1.22 AND UPSIDE +1.01 A WHOOPING GAIN OF (480.95%) ? WHERE GOT ROAD? TAK MASUK AKAL LOOOOOOOOH?

THE PRESENT PRICE IS MUCH HIGHER THAN TP CALCULATED. ANYTHING HIGHER SHALL POSE A MAJOR RISK ANYTIME NOW. BEWARE!

CHEAPER SHARES WITH UPWARD POTENTIALS AND HIGH DIVIDENDS WILL BE MY CHOICE . FURTHER MORE THEIR TP'S ARE STILL FAR AWAY . THE GAIN IS MUCH HIGHER THAN THE MUCH EXPECTED RISKS MEASURED.

already overpriced compared with TP

whatever is , earnings r my prerogative . using bank deposit income n income derived from stocks like dividend n capital gain should always equal or higher than the earlier will be the yardstick for my investment apart from others ( potentials n prospects) likely to be counted as well.

YES , V GOOD SUGGESTION N THANKS

EPS is around 40 cts

may be ...

bad sign coz vol coming down ?

v sorry for this counter coz NO BUYING DONE THOUGH PERMISSION GIVEN yr after yr ? This yr only done once at 10,000 shares not 36 million shares ( 10 % ) as were told. special div can fly kite so what is the fuss of valuation at RM 20 or so not ? ppls like us r very difficult to counter the major shareholders coz they are holding the jokers . They can wait until u give up n then slowly they buy back into their personal coffers . This is the law of the jungle lo....

the share price has reflected its value , not much upside will be expected.

the problem is the jackpot will take all the earnings way when things turned bad or other reasons untold

may someone enlighten me why this counter is so undervalued?
Either acc got problem or what is the real crux of the problem?
Earning /share 18 cts
PE 1.2
Div 3.4 cts
DY 16%
NAB RM 1.14
But the share is going south .....mana punya logik? If the acc is doubtful , why no action taken by the authorities concerned?

EPS is 19.25 cts n paid dividen at 3 cts which is equivalent to 1 % was way out from normal bank deposit returns . So , the mere price of 2.70/share is overly speculated and the hopeful may suffer heavy losses if market turn otherwise which is v possible when the war is imminent . so , its price should be in the region of 1.50-2.00 max

yes recession proven stock but lacked capital gain....

after throwing the dice , v bad omen coz no sim pui... Better let go by piecemeal to realise a better profit.

DO NOT COUNT EGGS BEFORE THEY ARE HATCHED?

why many ppls r damn worry for this counter to go bust ?

pegged at 10 cts dividend , kseng share is only worth around 3.30-3.50/share compared with normal banking stocks. Sowhat so special on kseng?

I think to wait longer will be futile n better switch counter to reduce heartache...

if earning around 40+ cts /share which is comparable to counters like CBIP and prkcorp , then its price should be less than RM3 not 4+

SOLVED ALL THE PROBLEMS..SOLD ALL

Lets get together n vote NO CONFIDENCE EN BLOCK in the next AGM but make sure at least u still got the shares....

I like to advise all the hopefuls do not ever paint a good picture of kseng . u will get hurt in the end instead . Better for us to shift to other more exiting counters like prkcorp, cbip or myeg....that will guarantee us better returns.

looking hard at the style of this management , they r hopeless lot coz only think of themselves esp the major shareholder's interests. Just on taxation supposed to be refunded but keep quiet until it lapsed? sold off assets like parkways n other equities but choose to keep the whole lot in the chest . Approved 10% buy back year after year but no action taken . All the gestures r routine in the AGM , seeking opportunities n to wait at the appropriate time ? Seeking approval to increase the directors fees year after year ? Do they ever think the hardships faced by the minority shareholders? The answer is NO...I think someone got the guts must make known to the management that their ways of doing things r unacceptable ...we need CHANGE. What say u my dear friends?

law of the jungle , kawan?

expecting this counter to correct itself tomorrow ? I m making a buy call at 5.00..

cheers..

this is quite interesting....
http://tobeasuccesstrader.blogspot.com/2013/03/kseng-mar13.html

dah banyak 5 pm berlalu , tapi takde berita langsung pun ? Co cuma beli sekali pd harga 501 @10,000 saham pd tahun 2013? harga turun naik macam naik kapal , cuma belum tengelam saja ? apa akan terjadi apabila tak jadi bayar dividend besar yg ditungu-tungukan? rasa % turun lebih tinggi drpd naik? apa pendapat hang semua?