prudentinvestor

prudentinvestor | Joined since 2013-05-10

Investing Experience -
Risk Profile -

Followers

9

Following

0

Blog Posts

0

Threads

4,109

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
4,109
Past 30 days
163
Past 7 days
62
Today
4

User Comments
Stock

2023-04-09 16:41 | Report Abuse

I have been holding some Keck Seng shares for probably 30 years, bought before the 1 for 2 bonus in 1995. I have funny odd lots.

Stock

2023-04-09 16:12 | Report Abuse

If Maybank scales to RM9 as someone has predicted (must happen before coming Friday), I will take profit and switch to RHB Bank provided it still stays below RM5.80 to enjoy the RM0.25 a share dividend.

Stock

2023-04-08 10:58 | Report Abuse

Four more trading days before it goes ex dividend. Still cheap and I believe it still has some room ( 10 to 15 sen ) to move up.

Stock

2023-04-07 22:54 | Report Abuse

You are right Dickyme. Shrewd people won't say that Maybank would drop to RM5.80 and Tenaga to RM4.50.

Stock

2023-04-07 16:59 | Report Abuse

Selling Keck Seng at RM3.50 is just sheer craziness. Its cash and value of its share investments are already worth almost RM3.90 a share. Its other assets in Malaysia including thousands of acres of plantation land in Johor Bahru, property development land, golf club, factories, Menara Keck Seng, Regency Tower etc are worth RM4 to 5 billion, not including properties in the US, Canada and Singapore.

Stock

2023-04-07 12:19 | Report Abuse

Just distribute 50 to 60% of the company's earnings to its shareholders as dividends, Keck Seng's share price would immediately spike. Allocate another RM10 million per year (less than the interest the company earns a year) to buy its own shares would energize Keck Seng further.

Stock

2023-04-07 11:47 | Report Abuse

Actually, the downside risk of investing in MRCB is pretty limited now. It is trading quite near to its 30 year low now but potential for upside is huge. Before the 2018 GE, it was trading at over RM1 a share. Just before Covid19 struck, it was trading at well above 60 sen.

Stock

2023-04-07 10:43 | Report Abuse

Hope it doesn't dip below yesterday's closing price of RM3.60. A dividend of 9 sen a share is too little to excite small investors.

Stock

2023-04-07 10:02 | Report Abuse

Very difficult to get Keck Seng directors to pay higher dividends. With a cash pile of over RM 1 billion, money is what Keck Seng least needs. Yet for decades, its directors have been unwilling to share the spoils with small shareholders but would immediately reduce/cut completely dividend payment when it faces the slightest headwind.

Stock

2023-04-06 22:51 | Report Abuse

It could open at RM4 tomorrow if it declares a final dividend of RM0.26 a share.

Stock

2023-04-06 16:03 | Report Abuse

The last day to subscribe the DRP shares is 5pm, 3 May. The DRP shares are not open for subscription yet. I suppose it would be open for subscription only after the ex dividend date on the 14 April.

Stock

2023-04-04 17:23 | Report Abuse

MRCB was trading at over RM0.60 a share at the beginning of 2020. I have the confidence that it would climb to this level before the end of next year. Just be patient.

Stock

2023-04-04 17:20 | Report Abuse

Wow! 95,000 shares? Haha, that would be worth over RM500,000. I don't have so much la. I am only entitled to subscribe for a few hundred shares. Assuming RHB Bank drops to RM5.40 after ex, there is still some money to be made.

Stock

2023-04-03 23:03 | Report Abuse

Last year, RHB Bank went up to RM6.30 a share before it traded ex-dividend. Could history be repeated this time?

Stock

2023-04-03 21:53 | Report Abuse

RHB Bank investors will be receiving their final dividend one month earlier this year. With the subscription price for DRP shares now fixed, I expect RHB Bank to perform better in the coming days.

Stock

2023-04-03 21:45 | Report Abuse

Maybank's recent low was RM8.26 and to go up to RM9 it would have to rise by 74 sen or almost 9%. This is quite a big climb for Maybank and it happens only once a year or even longer. I would definitely take profit if this materializes.

Stock

2023-04-03 10:03 | Report Abuse

CannonTan, don't waste time on oil palm counters. Sell all your oil palm stocks and switch to bank counters like Maybank and RHB Bank which would offer much better dividend yields in the long run.

Stock

2023-04-01 12:06 | Report Abuse

Waiting for an opportunity to sell half of my MRCB investments and switch to bank counters to get better dividends. Hope don't have to wait for too long.

Stock

2023-03-31 23:16 | Report Abuse

CannonTan at it again. Palm oil price has tumbled by over 40% since last year. Better sell all your plantation counters and switch to safer investments like Maybank , RHB Bank, CIMB bank.

Stock

2023-03-31 23:12 | Report Abuse

CannonTan, palm oil price has already dropped by more the 40% from its peak last year. No plantation company can match the consistency of Maybank in rewarding its shareholders with bumper dividends, which averaged 55 sen a year for more than 10 years., giving a dividend yield of over 6%.

Stock

2023-03-31 22:58 | Report Abuse

BigCannonTan, Maybank has been rewarding its shareholders consistently with bumper dividends of around 55 sen a year for over ten years. Tell me one plantation company that can come near to Maybank's feat. Check RHB Bank's earnings for the past 13 years and then come back to me and tell me which plantation company has such kind of earnings.

Stock

2023-03-31 16:56 | Report Abuse

Don't have to worry too much about what EPF does. It buys and sells its portfolio throughout the year, often for no apparent reason. Worry about RHB Bank's earnings and the quantum of dividends it pays.

Stock

2023-03-31 14:49 | Report Abuse

Never fall in love with glove counters now. Got profit just take!

Stock

2023-03-31 11:02 | Report Abuse

Hope it builds a base at the 34 to 35 sen level before moving upwards and not drop back to 30 sen again, otherwise confidence that has slowly built up over the last few days would dissipate.

Stock

2023-03-31 10:36 | Report Abuse

At the company's AGM every year, the management would seek shareholders' mandate for proposed share buy back by the company but they take no action after that. Don't know why they want to waste time on this.

News & Blogs

2023-03-30 20:48 | Report Abuse

At almost 98, he should spend the remaining part of his life begging for forgiveness from God instead of sowing the seeds of racial discord.

Stock

2023-03-30 17:27 | Report Abuse

Keck Seng normally announces timelines for final dividend payment in the first week of April. Should the directors decide to compensate investors for the loss of dividends for years 2020 and 2021, there is still hope that its share price may recover.

Stock

2023-03-30 16:56 | Report Abuse

You won't be able to find more than 5 counters listed on Bursa Malaysia which are trading at PEs of less than 9 and dividend yields of 7.5%.

Stock

2023-03-30 16:11 | Report Abuse

@myloh123, worried that RHB Bank might fail like SVB and Credit Suisse? Don't scare yourself. EPF is selling but other institutions are buying, that's why RHB didn't drop much.

Stock

2023-03-30 11:27 | Report Abuse

Rarely closed above 35 sen for the past one year. Really disappointing.

Stock

2023-03-30 11:08 | Report Abuse

No speculative play on this counter for about a year already. Hope the uptrend could continue for a few more days.

Stock

2023-03-29 17:10 | Report Abuse

Another half a sen to 35 sen. Hopefully 35 sen is a thing of the past after tomorrow.

Stock

2023-03-29 15:18 | Report Abuse

Last year, they made the announcement on the 28 April. Should be about the same time this year. Then you will know the ex and payment dates of the 25 sen dividend and the closing date for the subscription of DRP shares.

Stock

2023-03-29 14:43 | Report Abuse

Without support from big players, even 35 sen is a big obstacle to overcome.

Stock

2023-03-29 12:46 | Report Abuse

Maybank dan Public Bank sudah pun buat bayaran dividend, CIMB pun akan bayar dua minggu lagi. Hanya RHB Bank, pelabur masih belum tahu bila akan dapat bayaran 25 sen sesaham.

Stock

2023-03-29 10:21 | Report Abuse

"Remember dont cry mother father when bank fail - shareholders INSTANTLY wiped out"
FearMakers, Mad Man spewing out nonsense again. When Maybank fails, the value of the money you hold would be worthless. $1 = RM 100,000,000,000,000

Stock

2023-03-28 23:08 | Report Abuse

@MoneyMakers
"Bank failure not disaster
Gov will bailout (like SVB/Credit Su) - nobody lose job/bank deposit safe
Only shareholder lose everything"
Why was the world hit by recessions in 1997/98 and 2007/08 if bank failures were not disastrous?
Banks are mainly owned by ASB, PNB and other government institutions and deposits are placed by rich people like you. Who do you think the government would help?

Stock

2023-03-28 22:57 | Report Abuse

@MoneyMakers
"Aiyoyo @Prudentinv u think 25% return in 3yrs good meh??"
25% return during three long pandemic years is nothing but impressive. If you had bought Genting in early 2020 at RM5.15, you would have lost money even if you include the dividends. Maybank made over RM20 billion during these three years, how much did Genting make?
"Nonstop brag like crazy..may seem alot to newbies but really quite pitiful"
You nonstop claimed banks would fail and shareholders would lose all their money. I have only replied to some of your crazy claims. Just tell me which bank would fail first and when?

Stock

2023-03-28 21:42 | Report Abuse

@speakup, some nuts think Maybank might fail one day and investors would lose everything, meaning dropping to 0 sen.

Stock

2023-03-28 21:23 | Report Abuse

I am hoping for the day when Maybank drops to 0 sen to come. Can you tell me the date when this will happen?

Stock

2023-03-28 21:19 | Report Abuse

I have held Maybank shares for just over three years. Bought at around RM8.50 a share and by today have already received dividends amounting to RM2.07 a share. How much have you made from your investments in Genting?

Stock

2023-03-28 17:27 | Report Abuse

Apple's market capitalization is over $2.5 trillion, several times Bursa's total market capitalization and more than 500 times Genting's.

Stock

2023-03-28 16:36 | Report Abuse

Not every one knows. If his pay is tied to the companies' earnings, then it is more acceptable.

Stock

2023-03-28 15:43 | Report Abuse

@Destinyl, MoneyMakers, RWG.

Stock

2023-03-28 15:35 | Report Abuse

Some Genting promoters predicted an imminent bank collapse in this country a few days ago that would result in bank investors losing all their money. I am having a good laugh today.

Stock

2023-03-27 16:55 | Report Abuse

I suppose after receiving their share options, Maybank employees would work harder and help the company improve its earnings by over 3.5%.

Stock

2023-03-27 16:36 | Report Abuse

Cannontaneng, you could have received more than RM500,000 in dividends if you had invested in Maybank.

Stock

2023-03-27 16:15 | Report Abuse

When investing in bank counters like Maybank, RHB Bank , Public Bank etc, one should take a long term view. I won't sell my RHB Bank shares now irrespective of whatever happens to banks in Europe and the US. RHB Bank has solid earnings since 2010, with highest eps achieved in 2014 at 79.7 sen and the lowest the following year at 24.2 sen. The average eps over the past 13 years was 58.4 sen.