prudentinvestor

prudentinvestor | Joined since 2013-05-10

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User Comments
Stock

2024-02-08 15:23 | Report Abuse

Few small investors buy this kind of counter, preferring instead to lose money on speculative counters.

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2024-02-07 16:14 | Report Abuse

Goodies could include a final dividend which is several times higher than last year's level or a bonus issue which the company hasn't declared for over 10 years.

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2024-02-07 11:46 | Report Abuse

Very, very few sellers around. Long term shareholders are unwilling to sell at this level. Offer at least RM10 a share to take it private.

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2024-02-05 16:10 | Report Abuse

Hard to say who would be the eventual winners but Maybank has been edging up non stop for two weeks.

Stock

2024-02-05 15:51 | Report Abuse

Still very actively traded, signaling that there is still strong interest in the company.

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2024-02-05 15:12 | Report Abuse

When it touched RM4.93 this morning, I thought it would go all the way up to RM5. Got to wait for a while.

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2024-02-05 12:30 | Report Abuse

Jipun, Ranhill Utilities didn't go up to RM1.30 after 31 Jan as predicted by you two weeks ago. Keep buying, it is worth at least RM5 a share.

Stock

2024-02-05 10:11 | Report Abuse

Bought some at 59 sen. Would buy more if it drops further.

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2024-02-03 16:28 | Report Abuse

If Keck Seng really wants to buy some hotels, it could have done so at the height of the pandemic when you could get them at fire sale prices.

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2024-02-03 14:38 | Report Abuse

It went up because big boys pushed its price up and small investors happily followed, not because it has successfully secured big projects.

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2024-02-02 21:30 | Report Abuse

Investors are puzzled why the company keeps so much cash for. If it doesn't know what to do with the cash, then it should distribute it out as dividends.

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2024-02-02 15:25 | Report Abuse

If it could close above RM5 today then surely it is Genting Berhad's day today.

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2024-02-02 12:10 | Report Abuse

Hardly audible roar. If it roars like Tenaga or YTL Power, Michael would be busy posting comments all day.

Stock

2024-02-02 11:48 | Report Abuse

Correction so short. So fast on uptrend again!

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2024-02-02 10:08 | Report Abuse

Maybank very strong today. Highest in almost 5 years. Uptrend would likely continue till the release of its final quarter results.

Stock

2024-02-02 09:57 | Report Abuse

40 years ago, 1S$ = RM1.15
12 years ago, 1S$ = RM2.40
If the downtrend continues, we could see 1S$ = RM5 soon. Sad!

Stock

2024-02-02 09:39 | Report Abuse

I believe the correction should be over today. Soon Keck Seng would be on its way up again.

Stock

2024-01-31 20:28 | Report Abuse

Keck Seng should distribute at least 50% of its earnings as dividends and let investors decide what to do with their money. Then its final dividend would be much much more than 9 cents.

Stock

2024-01-31 16:53 | Report Abuse

The worst performing bank stock over the past one year.

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2024-01-31 16:08 | Report Abuse

Minor correction along the way. I don't expect it to drop by more than 10% from its recent peak of 6.05.

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2024-01-31 16:01 | Report Abuse

Maybank is expected to move up again once its final quarter financial results are announced. Investors can expect a final dividend of at least 30 sen a share.

Stock

2024-01-31 11:54 | Report Abuse

EPF has picked up over 20 million RHB Bank shares over the past two weeks but the counter didn't go up. You won't get any clues from EPF's share dealings.

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2024-01-30 17:59 | Report Abuse

Often when you are over prudent, you miss the opportunity to make quick money. Kamikazi type of investment can sometimes bring you more returns.

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2024-01-30 15:29 | Report Abuse

No longer in ICU. Looks like it is well supported at around the RM4.75 level.

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2024-01-30 12:10 | Report Abuse

Don't worry about L&G, it won't collapse. In January last year, it was only 10 sen. Those who had bought at 10 sen this time last year already have a return of 36% including the
0.6 sen final dividend.

Stock

2024-01-30 09:41 | Report Abuse

Be careful when YTL Power keeps going up. It can mean something else.

Stock

2024-01-29 22:58 | Report Abuse

If one Keck Seng can change for one Maybank in addition to some extra money to spend, it is not a bad idea to accept.

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2024-01-28 22:43 | Report Abuse

"In order to privatize, it need Rm 7.50 to privatize loh!"
Keck Seng's directors would be laughing all the way to the banks if they could privatize it without revaluing its properties bought over 40 years ago.

Stock

2024-01-27 17:08 | Report Abuse

At 12.5 sen a share, it is still trading at about the same level as the 2007/08 global financial crisis. No reason for it to remain at this level.

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2024-01-26 22:22 | Report Abuse

Don't worry about Maybank. It is one of the safest if not the safest stock to invest in. It has never failed to deliver over the past 12 to 13 years.

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2024-01-26 22:12 | Report Abuse

CPO price has gone up to RM4,000 a ton again. High time for Cepat's share price to move up.

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2024-01-26 21:09 | Report Abuse

Queued to buy again @12.5 sen. Hope this laggard's price would start to move up soon.

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2024-01-26 20:58 | Report Abuse

Keck Seng has a lot of properties, mainly plantation and development land that have not been revalued since 1980. In its latest quarterly report, its NTA was stated as RM7.10. Its actual NTA could be several times higher.

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2024-01-26 17:05 | Report Abuse

Big boys would decide. Small investors would just follow them.

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2024-01-26 16:58 | Report Abuse

Speculators don't bother get or no get. Just follow the crowd.

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2024-01-26 16:40 | Report Abuse

Keyed in my bid @12.5 sen yesterday. Queue whole day still cannot get. Only another 6 minutes left.

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2024-01-26 16:34 | Report Abuse

Going up non stop. It seems its rise is unstoppable. RM6 next week and RM6.50 before CNY hopefully.

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2024-01-26 16:29 | Report Abuse

Genting made 13.52 sen a share during the July to September quarter. If it could maintain or even improve on its earnings in its subsequent quarters, its full year eps this year should be not less than 55 sen. Assuming a conservative PE of 12, it should be worth RM6.60 a share.

Stock

2024-01-26 15:49 | Report Abuse

When MRCB was struggling at around 30 sen a share before July last year, I wrote several times that it was trading at 30 year low and there was little downside risks. Those who had heeded my opinion and bought at around 30 sen would have doubled their investments.

Stock

2024-01-26 15:43 | Report Abuse

@sasword, you can write anything you like but no racial undertones please.

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2024-01-26 15:23 | Report Abuse

Wow! All eyes on MRCB today. I am an onlooker now but a word of reminder. Those calling the shots are the big boys, not the small investors. Most small investors are just followers. If the big boys say that MRCB is worth RM1, they have the capability to drive it up to RM1. Haha, not saying that it would go up to RM1.

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2024-01-26 10:54 | Report Abuse

In early October last year, both RHB Bank and CIMB were trading at about the same level, ie around RM5.40 a share. Today, CIMB has spiked to almost RM6.20 a share while RHB is still struggling at RM5.60. No hope already RHB.

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2024-01-26 10:11 | Report Abuse

Cheers to all those who still hold on to MRCB and new entrants.

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2024-01-26 10:09 | Report Abuse

"prudent, u r great. Congrat"
@theyoungman, no, no, no, I am not great. I can only admit that I am not greedy these days. When MRCB was at its worst, my paper loss was twice the amount I eventually made.

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2024-01-25 11:11 | Report Abuse

Keck Seng's turnover yesterday at 316,700 is considered very heavy. Even turnover exceeding 200,000 is rare. I think by the time its daily turnover exceeds 1 million shares its share price could have gone up to at least RM7.

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2024-01-25 11:05 | Report Abuse

Apa lagi boleh buat selain main judi?

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2024-01-24 20:08 | Report Abuse

Picked up a few thousand Genting shares yesterday and today. Haven't held Genting shares for more than two years already.

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2024-01-24 17:07 | Report Abuse

MRCB's performance today has exceeded my expectations. After waiting patiently for three and a half years, I sold all my MRCB shares today. Would wait for it to drop by around 10% before I go in again. Otherwise I would just switch to bank counters.

Stock

2024-01-24 15:19 | Report Abuse

Already up RM1 since the beginning of the year. My second best performing stock after MRCB but only by a small margin.

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2024-01-24 12:32 | Report Abuse

No more traditional CNY rally this year. It spiked by over 10% in Jan last year.