IGB maybe a value trap. Cash use for either acq. or sharebuy back. Fundamental is sound and management is very carefuul of what there do.

but fundamental the com is sound. just than the share price do not easily break 2.00

correct.wait until one day will reach its value

slow in demand for electronic product

down 1.86

kseng 5.27

market up and down normal lah.

if the property in Johor is great than the company who have land will benefit in long term. Land for development will be getting less and less.

not much upside unless revise again.

If there is no revise offer than the share price may go all the way down.

"Under the Takeover Code, any revision to extend the offer has to be announced two days before the closing date," said a banker. (Financial Daily)DD 05/04/2013

MISC stayed well above the offer price of RM5.30 per share, with dim hopes of a revised offer coming from Petronas. The takeover offer will close at 5pm today. But bankers said the time frame for a revised offer effectively ended on Wednesday. "Under the Takeover Code, any revision to extend the offer has to be announced two days before the closing date," said a banker. (Financial Daily)DD 05/04/2013

look like coming down

but watchot. raise too fast

daiman 2.70

if BN wing than no where to go

selongor yakini BN - Song at NTV 7 - Look like promotion for BN

i do not see any from HDBS website on 04/04/2013

this is the defense.

bonia is a watch stock due to recently expansion. if the economy is good than is a good consumer stock. will be better if the major shareholder take it private.

looking at it.

8.42

KECK SENG Berhad (Bloomberg: KS MK) is a Bursa Malaysia listed company. It is involved in four core business - plantations, palm oil milling, hotel management and property development.

The book value of the company (RM4.98) does not reflect the true economic value of its assets. This is because the company has not reflected the true market value of its securities portfolio on its books.

The actual composition is unknown but Keck Seng, from what we gather, owns 4.9 million shares in PPB Group Berhad and 2.8 million shares in Chin Teck Plantations Berhad.

The footnotes to its financials indicate that the market value is RM672 million, sharply above the carrying value of RM254 million.

Under accounting rule FRS 139 which took effect from Jan 2010, Keck Seng (www.keckseng.com) has to fair value its equity investments and reflect unrealised gains or losses in its statements.

Depending on the eventual accounting classification for the portfolio, the unrealised gains or losses would flow either into the balance sheet or the income statement. The impact is likely to be on the former as the portfolio is held for the long term.


Hence, when the company next reports in May 2010, the Net Asset Value could surge to about RM6.70 per share because there is a surplus of about RM1.78 per share from marking to market the securities portfolio.


It is also noteworthy that Keck Seng has a huge land bank in South Johor which is still valued based at 1980s prices. As you would imagine, land value in this part of Malaysia has appreciated following the impetus attributed to the Iskandar Development Region (IDR). Keck Seng's land in Pasir Gudang, Tanjong Langsat, Bangdar Baru Kangkar Pulai and Ulu Tiram is much more valuable than what is reflected on its books. In fact, Keck Seng had to sell 180 acres of such land in Ulu Tiram to the government at RM251,000 per acre.

Its entire Southern Johor land bank could be worth as much as RM2.5 billion. If so, this would in turn add approximately another RM9 per share to its NAV!

We also believe that the company's commercial assets are carried at sharp discounts to current market prices. For example, Menara Keck Seng which is located at Jalan Bukit Bintang, the Orchard Road equivalent in KL, was last valued in 1996 at about RM240 psf. Current transaction values for KL office property is about double that.

It also owns Regency Tower, an apartment block which it bought in 2006 for RM62.5 million and Keck Seng Tower in the heart of Singapore's business district.

Besides office properties, it owns several hospitality assets. Singapore readers would be familiar with Riverview Hotel in Havelock Road.

It also owns hotels in Canada (Sheraton Ottawa, Four Points by Sheraton Hotel & Conference Centre Gatineau-Ottawa, and the Doubletree at Toronto Airport), China, Vietnam and Hawaii. Several of these hotels have not been revalued for several years.

Look like come down

The reward is not there

if there is no offer than the price will go back all the way down.

BN 51 / PAKATAN 49 OR BN 49 / PAKATAN 51

Top 5 Shareholders
DKSH Resources (Malaysia) Sdn Bhd - 74.31%
Lembaga Tabung Angkatan Tentera - 9.17%
Erwin Selvarajah a/I Peter Selvarajah - 0.69%
HMG Finance S.A. - 0.38%
APS Asset Management Pte. Ltd. - 0.20%

all the counter will be affected if the ge result is unexpected.

we wait and see. but sooner or later the share price will speak by itself. anyway if is bullrun than the stock is a choice.

http://bfm.my/sm-salvatore-dali-malaysiafinance-speculative-stocks-and-syndicates-270313.html

5.27 closing

8.58

any news. the share pice up again

yeap. still have bought at below current level.

5.31

3.25

3.16

5.34. prabably will up the offer price

will drop if the privatise is off

DKSH

3.22

today 3.15

Now is 3.06

Current Year Quarter
Financial Period from Date : 2012/12/31
Financial Period to Date : 2012/12/31
Revenue : 1209056
Profit/Loss before Taxation, MI and EI : 49667
Profit/Loss after Taxation and EI : 41155
Profit/Loss after Taxation : 42315
Basic Net EPS (Sen) : 26.10
NTAB per share (RM) : 1.8759
Gross Dividend per share (Sen) : 0.00

Preceding Year Corresponding Quarter
Financial Period from Date : 2011/12/31
Financial Period to Date : 2011/12/31
Revenue : 1042787
Profit/Loss before Taxation, MI and EI : 17244
Profit/Loss after Taxation and EI : 11191
Profit/Loss after Taxation : 12194
Basic Net EPS (Sen) : 7.10
NTAB per share (RM) : 1.4535
Gross Dividend per share (Sen) : 0.00

Current Year to Date
Financial Period from Date : 2012/12/31
Financial Period to Date : 2012/12/31
Revenue : 4745524
Profit/Loss before Taxation, MI and EI : 105101
Profit/Loss after Taxation and EI : 77607
Profit/Loss after Taxation : 81655
Basic Net EPS (Sen) : 49.22
NTAB per share (RM) : 0.0000
Gross Dividend per share (Sen) : 7.00

Preceding Year Corresponding Period
Financial Period from Date : 2011/12/31
Financial Period to Date : 2011/12/31
Revenue : 4260749
Profit/Loss before Taxation, MI and EI : 67687
Profit/Loss after Taxation and EI : 44098
Profit/Loss after Taxation : 48872
Basic Net EPS (Sen) : 27.97
NTAB per share (RM) : 0.0000
Gross Dividend per share (Sen) : 4.50

proxy to consumer sector and healthcare

good.

2.01

TP 9.73

tchong drop to 4.00 and recover to 5.00. something is very wrong.