prudentinvestor

prudentinvestor | Joined since 2013-05-10

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Stock

2024-07-14 15:46 | Report Abuse

RSawit has lost hundreds of millions over the past 10 years. Even when palm oil price spiked to over RM6,000 a ton, it was still not profitable. It has practically no cash and borrowings of over RM300 million. Its NTA is only 17 sen a share. Guys. be wise enough, think carefully before you make a decision to invest.

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2024-07-14 15:41 | Report Abuse

"Calvin sifu no more promote Jtiasa? we all trapped at high floor at Jtiasa"
You all have been sent to Holland by Cannon Tan. Never trust this person.

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2024-07-14 15:17 | Report Abuse

Not difficult to give a rough estimate of how much Keck Seng is worth. It has over 600 acres of housing land in Pulai area and another 8,000 acres of plantation and housing land in Pasir Gudang area. Assuming its land in Pulai area is worth RM2 million per acre and its Pasir Gudang land a cheap RM400,000 per acre, these two are already worth a hefty RM4.5 billion. It has net cash of RM1.1 billion and share investments worth RM450 million. Its other properties include Menara Keck Seng and Regency Tower in KL, hotels in New York, Toronto and Hawaii and minor ones in Singapore and Johor Bahru are worth at least another RM1.5 billion. So how much is Keck Seng worth?

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2024-07-14 10:57 | Report Abuse

"Easy Fast money
Sure win one"
@speakup, those speculators who had bought Supermax at over RM10 or Top Glove at over RM9 in August 2020 would tell you a different story.

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2024-07-14 10:51 | Report Abuse

Cannon Tan, do you still believe that TSH's land in Nusantara is worth RM4.2 million per acre?

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2024-07-13 16:20 | Report Abuse

Could be more than RM20 if it revalues all its assets. Much of its properties have not been revalued for 40 years.

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2024-07-13 16:16 | Report Abuse

Too bad, small investors prefer to gamble and eventually lose money in speculative counters like Notion, JCY, SNS, DNEX etc rather than put their in a sound counter like RHB Bank.

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2024-07-13 15:46 | Report Abuse

Downtrend could be over. It dropped to RM4.44 three months ago and then staged a strong recovery, gaining over 10%. History may repeat itself.

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2024-07-13 12:50 | Report Abuse

TSH is the most asset rich plantation company in the world. It has 100,000 acres of land in Nusantara with each acre commanding a price of RM4.2 million (as claimed by Cannon Tan). Just imagine how much it is worth.

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2024-07-12 16:44 | Report Abuse

I am more eager to see RHB Bank climb to RM7 soon than most people. My investments in RHB Bank is triple my investments in Maybank.

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2024-07-12 16:23 | Report Abuse

"Listen carefully
Palm oil a pillar of growth"
Cannon Tan, palm oil can't be a pillar of growth when it constitutes less than 5% of Malaysia's total exports. Don't be over optimistic, Western countries are boycotting palm oil.

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2024-07-12 16:15 | Report Abuse

"Tsh lands in Bongan book value Rm4,500 per acre
Current asking price
Rm4.2 millions an acre"
Area of land for sale = 8,284,600 sqm or 828.46 hectares or around 2,000 acres
Asking price = 85 billion IDR or around RM25 million.
Cannon Tan, how did you arrive at RM4.2 million per acre?

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2024-07-12 15:46 | Report Abuse

"Fantastic news for Tsh which got 94,700 acres in ikn nusantara"
Cannon Tan, if this piece of news is fantastic, TSH won't struggle at around RM1.20, its price would double or even triple. You know what Chinese say, 炒冷饭。 Keep frying.

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2024-07-12 12:32 | Report Abuse

"HDD/SSD demand is from Seagate/Western Digital & Toshiba
10,000 DATA CENTERS Seving 8 Billion people (Nvidia only a small drop)"
Cannon Tan could be right. JCY serves the whole world whereas Nvidia only serves a small number of people. Nvidia's share price has gone up by 3,000 times, JCY should go up by much, much more. Don't hesitate, just buy.

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2024-07-12 10:02 | Report Abuse

You won't find another counter which trades at a PE of less than 9 and a dividend yield of over 7%. Because it has been asleep for over a year while CIMB surges past RM7, even if it has woken up and started to walk, it would stagger along. It is a long hard journey ahead.

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2024-07-12 08:58 | Report Abuse

https://klse.i3investor.com/web/stock/news-blogs/3476
Read the above article, Keck Seng has much. much more value. EPS last year was 67 sen.

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2024-07-11 17:16 | Report Abuse

Investment banks are generally quite neutral about TSH, only Cannon Tan is very bullish. We shall know who is right before the end of next month.

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2024-07-11 15:19 | Report Abuse

Still too early to jump to the conclusion that it has waken up. It has to move up for few consecutive days before we can draw such kind of conclusion.

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2024-07-11 10:17 | Report Abuse

Keck Seng made 13 sen a share in the first quarter, TSH only made 1.5 sen a share. Don't bring a third rate company here Cannon Tan.

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2024-07-11 09:39 | Report Abuse

If it still doesn't buck up, next year this time, its share price could be exceeded by Ambank.

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2024-07-10 21:00 | Report Abuse

Cannon Tan, how much do you think TSH's eps would be this financial year considering that it only made 1.45 sen a share in the first quarter?

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2024-07-10 20:47 | Report Abuse

CIMB Bank's eps is only about 3% higher but its share price is almost 30% higher. RHB Bank's largest shareholder is taking a "tidak apa" attitude.

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2024-07-10 12:55 | Report Abuse

Hexcap, JCY, Dufu n Notion are all speculative stocks and have all gone up by several times. Never pay dividend because they have no money to pay, not because they want to conserve their money. Investors are only gambling with their money.

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2024-07-10 09:54 | Report Abuse

Earnings and dividends last year were quite impressive. Judging from its performance in the first quarter, it looks like it could be another good year again. Wait for the Gaza war to end first.

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2024-07-09 20:41 | Report Abuse

Once the US begins to cut interest rates, property stocks should rebound. It probably won't take too long.

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2024-07-09 15:20 | Report Abuse

With an NTA of almost RM9 a share and first quarter earnings of over 15 sen a share, Genting shouldn't be trading at RM4.60 a share, should be trading at near to RM6 a share.

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2024-07-09 13:12 | Report Abuse

https://en.wikipedia.org/wiki/Nusantara_(city)
Read the above article fully. The development of Nusantara is ridden with hosts of problems. Cannon Tan is still so optimistic. Indonesian speed is no China speed.

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2024-07-09 09:22 | Report Abuse

Trump calls Biden sleepy Joe. We should call RHB sleepy bank. Sleepy bank, please wake up immediately!

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2024-07-08 20:22 | Report Abuse

The aim of syndicates is to make money for themselves first. Where does the money come from? From those small, unsuspicious, easily conned investors who would react to the slightest rumour. Before they promote a counter to small investors, they would buy the counter kaw kaw first. Who are the eventual winners? So small investors do beware of such kind of people on this forum.

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2024-07-08 16:12 | Report Abuse

The reason why Hextech doesn't pay dividend is obvious, it has no money to pay.

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2024-07-08 12:01 | Report Abuse

RHB Bank has degenerated into a very boring counter for at least a year. Perhaps it should increase its interim dividend to 20 sen a share next month to wake it up.

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2024-07-08 10:46 | Report Abuse

I joined i3 in May 2013 but this Cannon claimed that I joined only in 2023, was a greenhorn and implied I was trying to steal the limelight. This kind of people lacks credibility.

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2024-07-08 07:41 | Report Abuse

Keep repeating the same thing like a parrot. We are bored by your antics.

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2024-07-07 22:43 | Report Abuse

Only a dumb person would compare Hextech with Warren Buffet's Berkshire Hathaway, which is a world renown company. How many have heard of Hextech? Were you already born yet in 1997? PWE was trading at above RM200 a share, Transwater, Hwa Tai and quite a few others were trading at above RM100 a share. What happen to these companies today?

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2024-07-07 18:05 | Report Abuse

"After Eadie took over renamed Hextech price up 3,000% over Rm22.00 then split by 15 bonus"
You are lucky the government here is turning a blind eye to all these happenings. In Singapore you would be prosecuted and jailed. Heard of Soh C W?

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2024-07-07 17:30 | Report Abuse

How much money does it make each year and how much dividend does it pay yearly? Only bodoh people will buy such a counter.

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2024-07-07 14:50 | Report Abuse

Never believe Cannon Calvin's claim that he had bought Keck Seng and many other counters at very low prices. He was just trying to portray himself as a shrewd player. Trust him and you will end up in Holland.

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2024-07-07 12:05 | Report Abuse

Claimed to have bought Keck Seng at RM1.60 but couldn't tell me when he bought it and how many times it had declared bonus issues. He is just a big liar.

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2024-07-07 11:58 | Report Abuse

"Prudentinvestor a greenhorn only joined i3 in 2023 ( know very little but talked a lot )"
Cannon Tan, I joined i3 on 10 May 2013, several months earlier than you did. The one who knows little but talks a lot is none other than Cannon Tan, over 50k threads but over 90% are repeated posts.

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2024-07-06 16:33 | Report Abuse

Cannon Tan, Taman Daya was fully developed only around 5 years ago, so you must have sold your Keck Seng shares less than 5 years ago, not very long ago. You remember buying Keck Seng at RM1.60 but don't know when. Keck Seng has never fallen below RM2 for more than 25 years.

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2024-07-06 15:43 | Report Abuse

Setting traps for small unsuspecting investors. He is the only one doing such kind of rubbish here.

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2024-07-06 14:55 | Report Abuse

Claimed to have bought Keck Seng at RM1.60 but couldn't tell me when he did this feat. Did you buy at RM6 and mistaken it for RM1.60?

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2024-07-06 12:59 | Report Abuse

Never listen to a snake oil seller pitching his products, he may one day claim that his snake oil could cure brain cancer.

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2024-07-06 12:51 | Report Abuse

Cannon Tan, care to tell us when you bought Keck Seng at RM1.60 and how many times has Keck Seng declared bonus issues since 1992? Were you just BS ting?

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2024-07-06 12:09 | Report Abuse

He is the BS king here. Never believe in such kind of person. Listen to him and your end destination is Holland.

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2024-07-06 11:50 | Report Abuse

"Some Eagle Group members made Rm200k, Rm400k and up to Rm700k on Bplant alone"
Who can verify your claims or BS?
"We expect to make even more in Tsh Resources"
Those who had listened to your advice and bought TSH at RM1.80 two years ago have lost their pants.

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2024-07-06 11:28 | Report Abuse

Cannon Tan, below is the definition of cash equivalents.
"Cash equivalents are any short-term investment securities with maturity periods of 90 days or less. They include bank certificates of deposit, banker's acceptances, Treasury bills, commercial paper, and other money market instruments."
Shares are never considered as cash equivalents. Stop your BS. What to expect from someone who is very thick.

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2024-07-05 20:59 | Report Abuse

Cannon Tan, since when can investments in securities be considered as cash? What kind of accounting is this?

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2024-07-05 20:31 | Report Abuse

Don't worry, its turn will come. It is just a matter of time. To me, L&G is a much better company with consistent dividends whereas MUIIND has never paid any dividend before.

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2024-07-05 17:05 | Report Abuse

Perhaps EPF has to pare down its shareholdings in RHB Bank from around 40% to 30%. If parties interested in RHB Bank could become substantial shareholders and hence more say, it would be more attractive to them.