prudentinvestor

prudentinvestor | Joined since 2013-05-10

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Stock

2 months ago | Report Abuse

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

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2 months ago | Report Abuse

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

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2 months ago | Report Abuse

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.

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2 months ago | Report Abuse

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.

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2 months ago | Report Abuse

"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.

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2 months ago | Report Abuse

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

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2 months ago | Report Abuse

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.

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2 months ago | Report Abuse

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.

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2024-01-20 19:50 | Report Abuse

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

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2024-01-20 17:42 | Report Abuse

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.

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2024-01-20 15:14 | Report Abuse

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.

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2024-01-20 12:56 | Report Abuse

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

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2024-01-20 12:28 | Report Abuse

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.

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2024-01-20 10:31 | Report Abuse

@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.

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2024-01-20 10:24 | Report Abuse

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.

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2024-01-19 17:02 | Report Abuse

"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.

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2024-01-19 12:27 | Report Abuse

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.

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2024-01-19 11:13 | Report Abuse

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

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2024-01-19 10:48 | Report Abuse

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.

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2024-01-19 08:59 | Report Abuse

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.

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2024-01-18 20:09 | Report Abuse

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

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2024-01-18 16:19 | Report Abuse

Lack lustre performance by RHB Bank for the past one year. It only needs to maintain its earnings for last year at 2022 level and declare the same amount of dividend, then there is no reason why it should stay at this level.

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2024-01-18 15:30 | Report Abuse

Maybank very strong lately, only slightly affected by market turbulence. Expect another 30-32 sen dividend to be announced end of next month.

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2024-01-18 11:14 | Report Abuse

Poor market sentiment in China has spread to Malaysia.

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2024-01-18 10:58 | Report Abuse

Don't worry, MRCB is trading at RM0.51, not at RM1.51. It hasn't gone up very much compared to UEMS, Ranhill Utilities etc. Still got strong support.

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2024-01-18 10:28 | Report Abuse

Only two days of consolidation and it is ready for uptrend again.

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2024-01-17 15:57 | Report Abuse

I think by the end of the day, MRCB should turn green. Not a bad performance so far today.

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2024-01-17 11:04 | Report Abuse

Market looks resilient. Should hold above 50 sen despite some naysayers saying otherwise.

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2024-01-16 15:39 | Report Abuse

Patience? Saya ada. Sudah tunggu tiga setengah tahun. haha

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2024-01-16 15:28 | Report Abuse

Yea, rock solid performance since the start of the new year. Has already shot up by 73 sen or 15%. Would wait till it rises to RM7.97, its all time high reached in Nov 2013. Would decide then whether to hold on to my investment. Still a long way to go.

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2024-01-16 14:59 | Report Abuse

Any reason why we should collect but not sell this counter? It has already gone up several times over the past few months.

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2024-01-16 10:26 | Report Abuse

Unlikely to be just one day show. MRCB has been rising steadily from 30 sen to 54 sen now or a rise of 80% in just 7 months, though not as impressive as UEMS, Ranhill Utilities, YTL Power or IW City.

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2024-01-16 10:00 | Report Abuse

Even after rising by RM2 or around 60% over the last 7 months, there still aren't many sellers around. Perhaps Keck Seng has to go up by another 60% to attract more sellers.

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2024-01-15 21:21 | Report Abuse

Keck Seng is going up much faster than I had expected. At the rate it is going up, it should touch RM6 within two weeks.

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2024-01-15 20:52 | Report Abuse

If you had bought 7 months ago at around 30 sen a share, then you have struck jackpot. Bank shares will never give you such kind of return.

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2024-01-15 16:28 | Report Abuse

Those with the gut can still wait for it to go higher.

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2024-01-15 16:23 | Report Abuse

Now MRCB's turn to steal the limelight. Cheers to all MRCB investors!

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2024-01-15 12:29 | Report Abuse

MRCB was trading at around 30 sen a share 7 months ago and UEMS several sen lower. Today UEMS is trading at twice MRCB's share price. Compare with UEMS, Ranhill Utilities, IW City, MRCB is indeed a laggard.

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2024-01-15 11:33 | Report Abuse

Enroute to 50 sen and beyond. Slowly but surely.

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2024-01-15 11:32 | Report Abuse

Wow! Up another 18 sen so far this morning. Slow down, slow down. Don't be so excited.

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2024-01-14 14:45 | Report Abuse

Keck Seng's bull run in 2013 was driven by rumours of a special dividend as the Company had sufficient tax exempt balances and 108 balance of the Income Tax Act, 1967 to pay franked dividends amounting to RM330,277,000. Its bull run this time is driven by fundamentals.

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2024-01-12 20:57 | Report Abuse

Keck Seng's bull run since the beginning of July last year has been slow and steady. It has never risen by more than 20 sen in a single day, even rises of above 10 sen were rare. During its last bull run in 2013, there were occasional spikes of over 50 sen in a single day. This latest bull run appears more solid.

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2024-01-12 15:06 | Report Abuse

Making another attempt to take down the 50 sen barrier. If not successful today then it should be successful next week. Hurrah!

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2024-01-12 14:52 | Report Abuse

Some savvy investors are slowly accumulating Keck Seng. Keck Seng touched a high of RM7.97 in November 2013, probably equivalent to RM12 today.

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2024-01-12 10:21 | Report Abuse

"Dnex RM4 by year end 2022 did not come true."
@StartOfTheBull, it instead nose dived to 40 sen. How can we trust this nipponjinjosei?

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2024-01-11 17:21 | Report Abuse

Jipun, never use such a harsh word on profit takers. Those who had bought at around 50 sen more than two and a half months ago and those who bought at around 80 sen at the beginning of December have every right to sell and realize their profit. A bird in hand is worth 10 in the bush. You also have the right to wait till it reaches your target price of RM2 or even RM5.

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2024-01-11 16:31 | Report Abuse

Still got strong support at this level. Nothing to worry.

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2024-01-11 16:18 | Report Abuse

I think it is a mistake. The tp should have been RM4.90 and not RM2.90. If it was RM2.90, the recommendation should be "SELL" not "HOLD".

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2024-01-11 15:35 | Report Abuse

Up very fast, down also equally fast. Those who bought at around RM5 a piece are now trapped.