Looks like today's fall is going to be more than yesterday's 40 sen drop. A few days ago, someone posted a comment on the i3investor for Maybank, ranting that Petronas Chemicals earned more than Maybank but hasn't been given the same valuation as Maybank. Investors now know why.

Someone posted a comment on this forum several weeks ago arguing that Petronas Chemicals should be given the same or higher valuation than Maybank since its earnings exceeded that of Maybank. Today we know why. As far as consistency is concerned, Maybank is peerless.

Ignoring dividends, RHB bank's 52 week low is RM5.42 (it was RM5.43 less than an hour ago) and 52 week high is RM6.31. Buying RHB bank at this level can't be very wrong.

I hope Maybank could maintain its earnings at 2021 level after providing for 6% prosperity tax and pays at least 30 sen a share final dividend.

@emsvsi, you mean skyrocket to RM12.88 so that retailer investors would start to jump in to buy Genting and push its price further to RM22.88?

@sasword, don't bother to post any comments on the i3investor forums if you can't comply with the rules. I am surprised you have not been banned for life from the forums.

"Waiting for 3.50"
@Goodprofit, be more realistic! Pray very hard for PN to win in Selangor.

"actually u really trust their TP 100%?"
@happyking95, how to trust them 100% when their TPs differ widely. May be 50% but I would use their recommendations as a guide.

They should have declared 50 sen a share final dividend instead of just 5 or 6 sen a share. Only people who are devoid of financial knowledge would keep so much money in the banks.

@happyking85, several investment banks have recently come out with buy/hold calls on MRCB, RHB-OSK with a buy call with TP of 45 sen, Kenanga and HLG with hold calls with TPs of 34 sen and 37 sen respectively. Do you think these investments banks are out to deceive people to buy?

The company has kept RM150 million cash in the bank for almost 10 years now and the management doesn't seem to know what to do with this vast amount of cash. Just declare a RM1 per share dividend. It is so simple.

He made such kind of statement to distract people from his wrong doings.

I have no intention to keep Keck Seng any longer. Would consider selling when it reaches RM6 a share and call it a day when it reaches RM8.

"2021-11-25 14:45 |
GLC link company hantu pon takut....all big loss making"
Claiming on 25-11-21 that all GLC linked companies were losing big money, lawrence86, you lack credibility. You have to explain why MRCB is not a good buy, just like RHB-OSK, Kenanga and HLG have given their reasons for their buy/hold calls on MRCB.

@AqsadMohamad, tak perlu takut jikalau NPL naik. Top up saja setiap 6 bulan. Kita melabur saham Maybank untuk jangka masa panjang.

Cepat's final quarterly earnings should be in the region of 2 to 3 sen a share, translating into full year earnings of around 13 to 14 sen a share. It is thus trading at a prospective PE of around 5.5

MRCB has consistently paid dividend for the past seven years. Works out to a yield of around 3%. I have no complaint.

"Cost as low as Rm1800 per ton due to Fertilizer price crashed by almost 80% & return of fruit hartesters"
@calvin, your assertion that fertilizer price has crashed by almost 80% is far from reality.
https://ycharts.com/indicators/fertilizers_index_world_bank

You have to wait for CPO price to drop to RM2,000 a ton before you can see its price drop to 25 sen.

Still prefer to buy bank stocks which consistently pay high dividends, rain or shine like Maybank.

With EPF as its largest shareholder, MRCB will NEVER go bankrupt despite some naysayers regularly posting negative comments on this forum to scare away small investors.

When investing in the stock market, extreme optimism or pessimism should be avoided. Extreme optimism or pessimism can result in irrationality. Prudence is the name of the game!!!

No reason why EPF should sell RHB so aggressively. Preparing for withdrawals by distressed members again? I hope not!!!

You have left out Facbind. It has a paid up capital of RM85 million, cash of RM151 million, practically debt free and available financial assets for sale at RM40 million. Closed at RM1.17 yesterday.

Wow! Very aggressive selling by EPF, selling almost 14 million shares in just 5 trading days. No wonder RHB keeps dropping.

2022-10-17 15:20
"Aha...expert all hilang, diving to the deep blue sea....hopefully nobody kena their rubbish grandfather story"
@lawrence 86, the above was what you posted on the i3investor forum for UEMS. UEMS closed at 19 sen on that day. It then went up to 30 sen on 29/11. It closed today at 25 sen, way above your forecast. What is your comment on this?

Less than 140 million Keck Seng shares are in the hands of the public. The company only needs less than RM850 million to buy up all the public shareholding assuming it starts buying now and pays on average RM6 for the shares. So cheap to privatize Keck Seng.

ASB buys and sells Maybank shares throughout the year. It has bought Maybank shares 6 times in a row over the past few weeks but prior to this, it sold Maybank shares 16 times in a row. You can hardly get any lead from ASB's sales and purchases.

Do you think you have any chance of success?

If you buy now at RM3.60 and the directors decide to take Keck Seng private at RM7 a share within the next 10 years, then it is still a very rewarding investment. If the directors decide to privatize it 25 years later at RM7 a share, the opportunity cost is then far too big.

All of us are retail investors. Even if one has RM5 million to invest but does the buying and selling himself, he is still considered a retail investor.

Very spectacular run from RM7.89 just over 5 to 6 months ago to RM9.98 and likely should break RM10. Just wonder how long can it last.

MRCB has been performing very badly over the past two and a half years, the worst in 30 years. Even during the Asian financial crisis of 1997/98, it didn't dip below 40 sen. It stayed above 45 sen in the world financial crisis of 2007/08 but this time round, without a financial crisis of any sort, it fell to a low of 28 sen a share lately. This is inexplicable.

RM5 a share is only hypothetical, even RM7 a share is way too low. Keck Seng should be worth RM16 to RM20 a share if all its assets were to be revalued. Too bad, interests of small investors are not well taken care of in this country.

Buy Keck Seng today and be prepared to wait for 5, 10, 15 or even 20 years. I still have Keck Seng shares bought before the 1 for 2 bonus issue in 1995.

@emsvsi, you really think retailers would buy Genting only after it has broken record high of RM12.88? Never think that retailers are bumpkins.

https://www.theedgemarkets.com/article/ta-enterprise-be-delisted-march-30#:~:text=KUALA%20LUMPUR%20(March%2025)%3A,stockbroking%20tycoon%20Datuk%20Tony%20Tiah.
TA enterprise was privatized at 65.5 sen a share several years ago though it was worth a least RM2.25 a share. Majority shareholders of Keck Seng may do the same thing and offer RM5 a share to take Keck Seng private.

Some people like to prove others wrong, that only he is capable of doing the right thing.

Still strong selling pressure. Hope this slowly eases as the date for the release of final quarter earnings approaches.

@speakup, what I have written all this while about Keck Seng are all very factual. There is no contradiction, I haven't bought any Keck Seng shares for about 8 years. Only waiting to sell and switch to Maybank/RHB bank.

MRCB hasn't closed above 40 sen a share for over a year. Now staying above 35 sen a share is a problems. So small investors, it may be some time before you see light at the end of the tunnel.

Only those who are prepared to pass the shares they had bought to their children or even grandchildren should buy this counter.

Can you imagine a hidden gem is trading close to its 12 year low?

If the directors don't have any better ideas on what to do with the company's 1 billion cash, they should pass some cash to fund managers to earn better returns.

There was a big durian runtuh way back in 2010. After disposing of its holdings in Parkway Holdings and reaping a huge capital gain, it declared a one for two bonus. No more durian runtuh over the past 12 years, only a yearly dividend of 10 to 11 sen a share even though the company made over 30 sen a share in some years. No dividend declared in 2020 and 2021 though the company still made over 20 sen a share in 2019.

Cheaper now. Start buying, don't hesitate.

Keck Seng's outstanding performance for the quarter ending 30/09/22 is unlikely to be repeated in the final quarter as the US Dollar has weakened against the Ringgit. Foreign exchange losses for the final quarter should exceed RM10 million. Full year earnings should be around 50 sen a share.

With another two weeks to go before the announcement of RHB bank's final quarter results and dividend payment, there is only one direction it can head, ie north, not south or east or west.

Considering that Genting's quarterly earnings only amounted to around 9 sen a share in 2018 and 2019, making 6.6 sen a share in the final quarter of last year is already a great achievement.

We shouldn't be over optimistic. In case the earnings fail to meet our expectations, then we won't be too disappointed. It is a great achievement if earnings can improve by 100% over the previous quarter.