Monopoly industry
Hopefully give bonus.....

Brakes....out of order!
Cheers!

KSeng's core business is property and development.
Q2 net profit is 26.03 million compared to Q1net profit of 18.875 million.

It's second core business as hotel business .
It's earnings rose from 5.089 to 18.658 million!

It's oleo chemical business profits down to 0.904 million due to US currency fluctuation.
But this is not KSeng's core business.


Overall KSeng performance is good.
Coming quarters in view of JB being new Shenzhen
KSeng 's performance will be even better!

This is a SMART market!
KSeng's share price will continue go up based on it's earnings per share and dividend pay out!

98 cents...
Buy...
Buy n wait patiently! ❤️

HLCapital now 4.54
Unaffected by YNH n Rapid!

Imaspro
Good earnings
Unaffected by YNH n Rapid!

12 cents dividend

This one....move like tortoise
CIMB n Maybank run like rabbit!

Lucky ...move up!!!

Hopefully will announce special dividend in September quarterly report....

AGM on 6/9/24
Hopefully share split will be announced one week after AGM

Special dividend 13.5 cents
Ex date 9 th September

Harrisons Holdings (M)
In the crowded landscape of the country’s consumer products and services sector, one company has quietly outshone its peers: trading and distribution outfit Harrisons Holdings (M) Bhd (KL:HARISON). Over the past few years, Harrisons has been delivering both revenue and profit growth, even during the disruptive pandemic.

The company, which took home the Highest Growth in Profit after Tax over Three Years award under the consumer products and services sector two years ago for stellar profit growth between 2018 and 2021, has continued to see net profit growth, charting record profits and revenue yearly from 2021.

Net profit for its fiscal year ending Dec 31, 2022 (FY2022), jumped 60% to a new high of RM66.7 million from RM41.7 million in FY2021, as revenue broke the previous year’s record, climbing to RM2.17 billion from RM1.93 billion. For FY2023, net profit reached a new peak of RM67.4 million, as revenue climbed further to RM2.26 billion.

Even without a dividend policy, the company has been making decent payouts. From annual payouts of 20 sen per share in FY2019 and FY2020, its dividend payout rose to 30 sen per share for FY2021, and then 50 sen per share in FY2022 and FY2023.

On behalf of the Board, UOBKH wishes to announce that Bursa Securities has, vide its letter dated 20 August 2024, resolved to approve the following:-



Proposed Share Split; and
listing of and quotation for such number of new CCB Shares, representing up to 10% of the total number of issued shares of CCB, to be issued pursuant to the Proposed ESOS.

Tmoro touch RM5.00

Shooting up very fast!
Power of fundamentally strong companies!

Interim dividend
Hopefully more than 15 cents this coming quarter

Ambank is very strong today!
Why RHB moving like tortoise only....
Haizzx!

Start moving up...
But public bank n Maybank seems to be moving faster...

Hopefully big dividend announced this coming quarter

Strong! Very strong!!!
AI...

Why down today?

Wait patiently...
Coming!

Sun 04 August
KUALA LUMPUR:
JP Morgan says the Johor-Singapore special economic zone (SEZ) will likely be a multi-year growth story just as how Shenzhen SEZ has developed over the past 45 years.

It also said the Johor-Singapore SEZ provides high-growth sector specific opportunities, outside of property land bank play.

The SEZ is promising given a more conducive regulatory and policy environment with proactive collaboration, the US investment bank added.

The firm expects regulatory harmonisation and tax incentives to pave the way.

https://www.klsescreener.com/v2/news/view/1369455

https://www.klsescreener.com/v2/news/view/1369455
Read what JPMorgan writes...

Sun 4 Aug 2024

KUALA LUMPUR: JP Morgan says the Johor-Singapore special economic zone (SEZ) will likely be a multi-year growth story just as how Shenzhen SEZ has developed over the past 45 years.

It also said the Johor-Singapore SEZ provides high-growth sector specific opportunities, outside of property land bank play.

The SEZ is promising given a more conducive regulatory and policy environment with proactive collaboration, the US investment bank added.

The firm expects regulatory harmonisation and tax incentives to pave the way.

Good dividend company
Good management...

This swap benefits SBagan...
Time will tell!

KUALA LUMPUR (June 26): The cut-off date for the proposed disposal of Kuchai Development Bhd’s (KL:KUCHAI) assets and liabilities to Sungei Bagan Rubber Company (KL:SBAGAN) in return for a 29.37% stake in Sungei Bagan has been extended by four months to October 29.

The two companies on Wednesday signed a supplemental letter for the extension, according to Kuchai and Sungei Bagan's filings with the stock exchange, which did not specify the reason for the extension.

@compoundingeffect
I fully agree with you...

KSeng is highly undervalue
Worth at least RM20

Thank you for your comments! 😊 ❤️
KSeng is highly undervalue

Have great potential of touching RM20!

Vow

Chintek NTA up
10.05

28 cents dividend
Hooray!

Bullish market
Everyone should make money!!

Don't waste time here with little catalyst

@ Calvin tan

The catalyst will come upon the signing of the SPZone agreement in September !
Following which all the resolutions will be tabled on budget day!
All related resolutions will be expected to be passed on budget day!

A lot of FDI foreign direct investment will flood into Iskandar!

Dream big!
Think of RTS
Think of JB as new Shenzhen

Will KSeng touch RM7.00/8.00/10.00 ?

Hopefully end of August interim dividend will be more than 5 cents!!!

KSeng 's property n industrial land currently selling well!

Cresendo share split
One becomes three..

Hopefully KSeng will oso proposed share split!

Hot....very hot!
RM4.05

My guess...
Coming next is...

Special dividend!!!

Cresendo share split
One becomes three!!!

Hopefully KSeng gives bonus soon!

Share split!
One becomes three!!!
Hooray!

Later special dividend coming!

Down again...
Oh dear!

On July 24, OCBC will likely be announcing that GEH shareholders can still accept the offer at $25.60 per share and this offer will be open for three months from July 24.

There is still hope that after the kuchai SBagan swap deal...

SBagan can still sell the Great Eastern shares to OCBC within the three months

@ prudentinvestor
Buyers of KSeng are long term investors
Old man or rich people
They hold tight tight...cos it's highly undervalue!!!

Fewer n fewer scripts available in the market!
Should KSeng declare a bonus issue or special dividend
It will fly.

Hopefully directors of KSeng do some cooperate exercise to reward the minority shareholders!!!

JB theme play will be on....
Still young....
N KSeng will move up up slowly
Properties n industrial land selling very well
Higher n higher EPS!

Lessons from OCBC’s offer for Great Eastern: be unafraid to hold out, but do so with eyes open
Earn dividends from shares that are suspended from trading and wait for a richer future offer

Leslie Yee
Leslie Yee
Published Tue, Jul 16, 2024 ·

@ speakup
Not to worry

Probably there will be a healthy correction

N you can collect cheap !!
Good Luck

@Calvintan
Just in case u dun know how undervalue KSeng is

Rich assets

Kseng’s assets: (i) Net cash of RM1.106 billion (RM3.08 per share), (ii) Securities of RM414.94 million (RM1.15 per share), (iii) Rental properties valued at RM950.40 million (RM2.65 per share). The three assets are valued at RM6.88 per share (14% higher than the previous share price of RM6.01 on June 26). Other assets include 9,436 acres of land bank in Iskandar (refer to 2012 and 2023 reports).

2. Cash is king

Of the net cash of KSeng, 384 million is in SGD and 329 million is in USD. These two strong currencies and the Malaysian ringgit deposits earned 32 million ringgit in interest and 25 million in foreign exchange income. Therefore, Keck Seng has a solid fundamentals with huge deposits and strong cash flow.

3. Land is the king of kings

When inflation is high and money is depreciating, land can maintain its value and generate gold. KSeng owns about 9,400 acres of land in Iskandar Special Economic Zone, with huge potential for industrial development. It can be said to be the Iskandar land king among Malaysian property stocks


Think of RTS
Think of JB new Shenzhen
Think of SPZone agreement in September

Properties n industrial land selling very well in JB

KSeng can be 7/8/10/20/30 dollars in ten years time
On the conservative side

May even touch 7/8/9/10 by year end
Nobody knows

We wait for the coming quarterly reports n watchs it's EPS

"Better sell overvalued Kseng and buy Rsawit now full of value"

Sure boh?
Be honest n write with integrity!
Prosper the righteous way....

Now low
Accumulation phase.

Later shoot up

50-50

All not sure if the great Eastern shares will be sold to OCBC or not!

My guess is...

SBagan will sell the Great Eastern shares to OCBC within the 3 months after acquisition from Kuchai.

Deal with kuchai is still on going. Takes some time!

GEH to be suspended on July 15 but OCBC will continue to accept GEH shares for further three months

Cresendo sold it's land at 5 million per acre
Sunway sold it's land at 6 million per acre

Land assets inflation higher than food inflation!

If u believe in Rafizi story
Iskandar development n industrialisation will be faster than Klang valley

Have a good investment mind.
Set Ur directions right!!!

GEH to be suspended on July 15 but OCBC will continue to accept GEH shares for further three months...

The date of transfer refers to the date on which OCBC’s shareholding crossed 90%, on June 25. On July 24, OCBC will likely be announcing that GEH shareholers can still accept the offer at $25.60 per share and this offer will be open for three months from July 24.

OCBC group CEO Helen Wong unveiled a One Group strategy last year. GEH is likely to be part of that strategy. Interestingly, analysts have pointed out that OCBC doesn't charge GEH any bancassurance fees as these are not indicated in its annual report. In 2019, United Overseas Bank U11 0.03% and Prudential renewed a bancassurance agreement for 15 years for $1.5 billion over the course of the 15 years.

Oversea-Chinese Banking Corporation’s offer for Great Eastern Holdings G07 0.00% closed at 5.30pm on July 12. OCBC now holds 93.52% of GEH. On June 25, OCBC’s ownership crossed 90%. As a result, GEH shares will be suspended on Monday July 15.

Accordingly, the offer is no longer open for acceptance and any acceptances received after 5.30 p.m. (Singapore time) on 12 July 2024 will be rejected. However, shareholders who have not accepted the offer can still require the offeror to acquire their shares at the offer price pursuant to Section 215(3) of the Companies Act.

This says the transferee or offeror must, within one month from the date of the transfer, give notice to holders of the remaining shares that haven’t been tendered, that they can still tender their shares, and OCBC will have to accept them