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

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.

"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.

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.

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.

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

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

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.

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

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

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

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

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.

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.

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

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.

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.

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

"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.

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.

Apa lagi boleh buat selain main judi?

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

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.

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

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

Consider selling only when turnover exceeds 1 million shares and share price spikes by over 10% in a single day.

Buy if you think my comment is convincing enough. hahaha

2022-09-06 09:31
100k + 100k unit , if dnex hit rm 4 - 6 then i really can retire early after settle my home loan , my sons student loans ...
Jipun, you posted the above comment in September 2022 when DNEX was trading at above 80 sen a share. You have lost a home and your son's student loans.

Hasn't traded above RM5.60 for almost two months now. Hopefully RM5.60 now becomes its support level.

Volume very low, so it won't go up fast. Just slow and steady rise.

Jipun, you have been promoting DNEX for over a year, claiming it would spike to RM4-6 soon. It was over 70 sen at end of 2022 and just 35 sen today. Those who had heeded your advice have suffered from huge losses, some could have committed hara kiri.

https://www.google.com/search?q=rhb+share+price&oq=rhb+shar&gs_lcrp=EgZjaHJvbWUqDwgAEEUYOxiDARixAxiABDIPCAAQRRg7GIMBGLEDGIAEMgYIARBFGDkyBwgCEAAYgAQyBwgDEAAYgAQyBwgEEAAYgAQyBwgFEAAYgAQyBwgGEAAYgAQyBwgHEAAYgAQyBggIEEUYOzIHCAkQABiABKgCALACAA&sourceid=chrome&ie=UTF-8
Exactly one year ago, RHB Bank closed at 5.75. Its 52 week price ranged from a low RM5. 29 to a high of RM5.78.

It is the worst performing bank counter over the past one year. Investors who had bought Maybank, CIMB Bank or Public Bank at least still have some decent capital gains.

"Tiger bank balik kampung"
Jipun, if Maybank and other banks were to recall loans extended to YTL power, Ranhill Utilities and IW City, their shares prices would drop limit down.

If there is another limit down tomorrow and Wednesday, then I suppose you can try your luck to gamble.

From RM7.97 in Nov 2013 to RM3.30 in 2021, Keck Seng's recovery process hasn't reached 50% yet. We need a lot of patience. It is worth waiting for.

It had good days before for several years. When a company's share price is only worth RM1 or less, you can't support it at RM30 a share. This huge bubble would explode violently one day and this would affect other highly inflated counters.

Don't worry lah income, Jipun can bring you to Holland for a holiday. All costs paid by her.

Over the last 12 years, Maybank investors received their final dividend once in July, 5 times in June, 4 times in May. Last year, investors received their final dividend in March and in 2022, payment was made in April. Perhaps Maybank understood the "hardship" faced by small investors (including ASB investors) and decided to pay early.

Too bad if some investors have to sell their Keck Seng shares to cover losses in speculative stocks but I think the number is very, very small.

As at 06 October 2023, the company only had 647 shareholders when the minimum required is 1,000. Wonder why it wasn't delisted.

Of course you laugh die die because you hope YTL Power could go up to RM120, Ranhill Utilities to RM50 and IW City to RM40.

@theyoungman, can't imagine Rapid Synergy Bhd which I believe is worth less than RM1 a share could be pushed to almost RM30 a share. Still some way to drop.

US stocks are trading at very high PE ratios and very low dividend yields. Many don't even bother to pay dividends. I have heard of many making money from buying US stocks. Listed company Hexza has made money from its US investments.

"Prudentinvestor , pls lah when stock price surge u only come out lah !"
Please keep quiet lah Jipun. Many of your predictions have gone terribly wrong, you have no right to criticize others. You predicted some time ago that DNEX would spike to RM4-6 soon. It has fallen into an abyss instead, trading at 34.5 sen now. It was still trading at 40 sen two weeks ago. I expect it to dip lower. You predicted last year that Farm Fresh would drop to 50 sen by the end of the year. It ended at RM 1.36 today. When Hap Seng was trading at RM3.20, you claimed it could drop to RM1.50. It spiked to RM5 instead.

They only have themselves to blame. GREED is the sole cause. Counters with the fundamentals would be less affected. The market might recover sooner than you expect.

Possibility of moving up to 55 sen again or even higher next week. Patience is the name of the game.

L&G made 0.68 sen a share in the second quarter. Actually it only needs to turn in quarterly earnings of 0.50 sen a share or full year earnings of 2 sen a share. With such earnings, it should be able to pay a dividend of 1.25 to 1.5 sen a share. Assuming a PE of 12 to 13, it should then trade at around 25 sen a share.

You have to come out with RM1.25 to convert MRCB WB to MRCB shares. Unless you are dead sure that MRCB would spike to RM1.50 or higher in the immediate future.

Those who only know how to condemn but do not know how to contribute would spell the doomsday of the country.