prudentinvestor

prudentinvestor | Joined since 2013-05-10

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User Comments
Stock

2018-01-26 14:55 | Report Abuse

Keck Seng has suffered huge foreign exchange losses, its price can never go up as long as the Ringgit keeps appreciating against the US$. The Ringgit has gone up from 1US$ = RM 4.486 on 01/01/2017 to 1US$ = RM3.876 today or a rise of RM0.61. Keck Seng has in its possession US$112.44 million on 01/01/2017. Just the losses on the US$ alone is already RM68.6 million.

Stock

2018-01-26 10:08 | Report Abuse

Full year earnings should exceed 4 sen per share. Assume a PE of 12, this counter should be worth around 50 sen a share.

Stock

2018-01-23 16:40 | Report Abuse

Strong rebound today. Chance to surpass the recent high of 1.44.

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2018-01-22 16:15 | Report Abuse

The launch of a UTC and the proposed construction of an independent Chinese High School should benefit developers there, including Keck Seng.

Stock

2018-01-17 16:30 | Report Abuse

There could be substantial write backs for the quarter ending 31/12/17 and subsequent quarters if oil price keeps going up.

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2018-01-17 15:10 | Report Abuse

Oil price been been on uptrend for the past few months. RHB's bottomline should improve markedly.

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2018-01-14 22:44 | Report Abuse

Don't worry, it won't drop below 20 sen. Election is coming and market sentiment should improve further. In a bull market, a 10 sen rise is attainable.

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2018-01-12 20:28 | Report Abuse

Totally no sign of recovery. Its cash and available for sale investments are already worth RM0.80 a share.

Stock

2018-01-11 16:48 | Report Abuse

EcoWorld has been in the doldrums for far too long. Its only way is up, up, up.

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2018-01-10 17:49 | Report Abuse

Disposal of development property at Little Bay, New South Wales by TA Global has been completed today. Expect speculative play on TA and TA Global tomorrow.

Stock

2018-01-10 09:05 | Report Abuse

Every counter is moving up except Keck Seng. It must be very frustrating for Keck Seng's small investors.

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2018-01-05 12:03 | Report Abuse

Another RM 58 million foreign exchange loss again this year if the Ringgit rises to 1 US$ = RM 3.60.

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2018-01-03 17:16 | Report Abuse

Keck Seng's total foreign exchange losses for 2017 was almost RM 58 million, assuming the company didn't do anything to negate the effects of the rising Ringgit.

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2018-01-02 23:15 | Report Abuse

Ringgit is rising every day. Keck Seng is sinking deeper and deeper.

Stock

2017-12-15 10:48 | Report Abuse

Haha, RM 1.09 resistance has been broken. Smooth sailing now.

Stock

2017-12-12 14:59 | Report Abuse

Too bad, a counter worth at least 1.20 a share is now changing hands at only 60 sen a share.

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2017-12-12 14:54 | Report Abuse

Major shareholder keeps buying from small investors. What a pity, impatient small investors are always the losers.

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2017-12-08 15:51 | Report Abuse

Can't think of any other counter that is trading at a lower PE ratio than TA.

Stock

2017-12-07 15:36 | Report Abuse

At 60 sen a share, TA is trading at a prospective PE of just 3.3. I don't remember TA has ever traded at such a low prospective PE before.

Stock

2017-12-07 10:31 | Report Abuse

Uptrend again. The recent peak was 41.5 sen, hopefully this level can be broken soon. Berjaya Corp hasn't traded above 50 sen for many years. Perhaps with the return of VT and the upcoming GE, 50 sen isn't a dream price.

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2017-11-30 23:05 | Report Abuse

UMNO will hold its annual general assembly next week. Traditionally, MRCB always goes up during this time.

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2017-11-30 22:27 | Report Abuse

Public holiday tomorrow. EcoWorld has dropped too far and for too long.Time for a sharp rebound.

Stock

2017-11-30 12:47 | Report Abuse

If Keck Seng's directors continue to do nothing to negate the bad effects of a rising Ringgit which causes it to suffer huge foreign exchange losses, small investors should attend its AGM next year in droves and clamour for their resignation.

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2017-11-30 12:35 | Report Abuse

If you look at the value of its investment securities, they have increased by 155 million since the end of last year or roughly 42 sen per share.

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2017-11-30 10:16 | Report Abuse

At 63 sen a share, TA is really trading at fire sale price.

Stock

2017-11-29 19:46 | Report Abuse

Don't worry about TA if it fails to go up strongly tomorrow. It only needs to consistently post good quarterly results like it has been posting over the past 5 quarters and pay reasonably good dividends, say at least 30 to 40% of its net earnings, its share price will surely go up one day, like Success, Ajiya, G Kent.

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2017-11-29 17:53 | Report Abuse

TA should be trading at 1.60 instead of just 60 sen. Totally no logic. I expect its final quarter earnings to be maintained.

Stock

2017-11-27 12:35 | Report Abuse

Next year would be election year again and MRCB is an "election counter". Invest some and wait for its price to go up. You will never go wrong.

Stock

2017-11-27 09:06 | Report Abuse

Wow! Now selling at 81 sen a share, translating into a market cap of just 162 million, lower than its net cash and available for sale investments worth a total of over 164 million. How silly some small investors are.

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2017-11-26 15:48 | Report Abuse

Oil price has shot up to two and a half year high but Sumatec at two and a half year low.

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2017-11-26 15:43 | Report Abuse

If you are prepared to wait for another 20 years.

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2017-11-24 15:20 | Report Abuse

It looks like we are on a sinking ship called Keck Seng. As at 31/12/2016, Keck Seng had net exposure to the following currencies:-

US$ - RM 504.4 million
Sing$ - RM 224.9 million
Canadian$ - RM 58 million
Aus$ - RM 42.5 million

Since 31/12/2016, the US$ has dropped from RM 4.486 to RM 4.121, Sing$ has dropped from RM 3.099 to RM 3.06, the Canadian $ has dropped from RM 3.337 to RM 3.239, the Aus$ has dropped from RM3.231 to RM 3.14.

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2017-11-23 11:30 | Report Abuse

Facbind has RM163 million cash or 191 sen per share. It has available for sale investments (more than 300 million Karambunai shares) worth another RM20 million.

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2017-11-21 15:54 | Report Abuse

A few months ago, there could be as many as over 1,000 comments on some days but over the past few days, there wasn't even a single comment on certain days. I believe most investors have lost money on this counter.

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2017-11-21 09:55 | Report Abuse

Jeffrey, I think you must be new to L&G. L&G completed a 8 for 5 rights issue at 21 sen per share half a year ago. I think it is a good buy at this level.

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2017-11-17 23:06 | Report Abuse

The highest price over the past three years was 7.82, achieved in Feb 2015 and I remember it was trading at over RM11 not very long time ago, certainly not more than 10 years. My memory seldom fails me.

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2017-11-17 17:00 | Report Abuse

RHB Bank earned 79 sen a share in 2012 and 72.9 sen a share in 2013, more than Maybank earned during the same period. I believe it was during this period that it traded at above RM 10 a share.

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2017-11-17 14:59 | Report Abuse

If the Ringgit keeps rising, say to 1 US$=RM4, Keck Seng's total foreign exchange losses for the whole year may come up to RM 65 to 70 million if there was no change in its foreign exchange holdings since 31-12-2016. Too bad, as Keck Seng investors, we have to hope that our economy performs badly and our Ringgit drops drastically.

Stock

2017-11-17 14:41 | Report Abuse

Keck Seng's total foreign exchange losses so far this year may already have exceeded RM 45 million. It could be Keck Seng's worst performance in years. Please buckle up and wait for the shocks.

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2017-11-16 15:39 | Report Abuse

According to the latest annual report, those holding above 100,000 RHB Bank share number only 524 and they together hold 97.36% of its shares. I remember quite a few years ago it was trading at over RM10. The highest price over the past three years was RM7.8.

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2017-11-16 15:15 | Report Abuse

Only small investors are selling, judging by the low volume. Just keep buying, you will win eventually.

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2017-11-13 16:20 | Report Abuse

Just under 3 months ago, it was trading at less than 10 sen a share. Getting too risky now.

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2017-11-13 15:03 | Report Abuse

Price has more than doubled in just two months. It has gone up especially fast over the past 2 weeks and needs a breather.

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2017-11-09 19:28 | Report Abuse

I have the confidence that this counter can move up further.

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2017-11-08 12:22 | Report Abuse

Company has been in big trouble for several years. Some people were prepared to take risk, hoping its application for extension of time to submit its annual report would be approved.

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2017-11-07 20:41 | Report Abuse

BJ Corp's stakes in BJ Land and BJ Toto are already worth almost RM 3 billion or 60 sen a share.

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2017-11-07 17:36 | Report Abuse

If volume can be as high as today, no problem breaching 40 sen barrier.

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2017-11-07 15:44 | Report Abuse

BJ Corp shares have been trading at below the 50 sen level for over 3 years. 50 sen seems in sight now.

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2017-11-06 14:44 | Report Abuse

Dropping to RM4. Below RM4 may be a long term buy.

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2017-11-05 16:46 | Report Abuse

Uptrend for TA tomorrow.