prudentinvestor

prudentinvestor | Joined since 2013-05-10

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User Comments
Stock

2018-10-17 12:08 | Report Abuse

I think Keck Seng's directors will likely follow in the footsteps of Daiman's directors and take Keck Seng private. Just be patient, your patience may pay off handsomely.

Stock

2018-10-16 10:08 | Report Abuse

The overwhelming majority of TA shareholders, big and small, had rejected the recent conditional mandatory take-over offer by the offeror at 66 sen a share. Like it or not, this guy still has his ways to get TA at the price he is willing to pay.

Stock

2018-10-08 09:21 | Report Abuse

Keck Seng touched a high of RM 7.97 in 2014, it has been on a down trend since then. At 4.24, it is still almost 50% lower than its peak and only around 10% higher than its recent low. Still long way to move up.

Stock

2018-10-03 14:48 | Report Abuse

The buyers are likely to be Keck Seng directors.

Stock

2018-10-02 12:42 | Report Abuse

Keck Seng's audited NTA was RM 6.64 as at end of last year, its actual NTA should be at least 2.5 to 3 times higher. It has cash and short term investments amounting to over RM 930 million as at 30/06/18 and only 154.4 million shares are in public hands ( not held by directors, their associates and those holding over 5% of KS shares). KS directors and co. can actually buy all these 154.4 million shares at RM 6 a piece using its cash and the whole company will become theirs.

Stock

2018-09-06 16:29 | Report Abuse

Other shareholders should group together and make a counter offer. Sure he will demand much more than RM2.60 a share.

Stock

2018-09-06 11:35 | Report Abuse

The independent advisor, BDO Capital Consultants Sdn Bhd, has advised investors to reject TTK's offer to buy up all TAE shares not already held by the offeror at 66 sen a share. Why should we let go our TAE shares at 66 sen a share when the independent advisor has estimated that each TAE share has a fair value of RM2.60?

Stock

2018-08-30 09:30 | Report Abuse

The relevant authorities must not approve this privatisation exercise as it will result in our country losing hundreds of millions to foreigners.

Stock

2018-07-31 15:19 | Report Abuse

The dividend announcement should push up L&G's share price to above 20 sen.

Stock

2018-07-25 10:41 | Report Abuse

I will shun this counter temporarily. CPO prices have dropped to the lowest levels in many, many years.

Stock

2018-07-24 10:30 | Report Abuse

Trading in L&G shares has picked up since last Thursday in anticipation of a 1.5 sen a share dividend to be announced by the end of the month. At 19 sen a share, L&G is trading at a 50% discount to its published NTA and at a dividend yield of almost 8%. Not much risk in buying at 19 sen a share.

Stock

2018-07-02 22:48 | Report Abuse

No one will accept his offer. He will just waste a couple of hundred thousand Ringgit.

Stock

2018-07-02 19:32 | Report Abuse

Can we small investors come out in droves and offer him 66 sen per share to take over the company? He would probably demand for 166 sen per share

Stock

2018-07-02 10:56 | Report Abuse

Suspension was requested by TA.

Stock

2018-07-02 10:45 | Report Abuse

A buyer for TA investment bank has probably been found. Hurrah!

Stock

2018-06-09 13:26 | Report Abuse

Assuming a 10% profit margin, MMode stands to make at least RM20 million over the next three years from this project. Its share price should spike 17.9% next week, not just a 1.79% gain.

Stock

2018-06-08 23:08 | Report Abuse

Will sell all my TA shares once it touches around RM1.30

Stock

2018-06-06 17:44 | Report Abuse

RHB's uptrend will most likely continue for the next few days. Around 7% net profit now.

Stock

2018-05-31 09:54 | Report Abuse

Keck Seng's management isn't proactive. Its manufacturing division has been losing money for at least two years, with no turn around on sight. It is a burden to the company and should just be hived off.

Stock

2018-05-15 09:36 | Report Abuse

A single tier dividend of 10 sen per share has already been approved in the AGM held on the 25 April. I don't know why the company still hasn't made an official announcement.

Stock

2018-05-14 15:32 | Report Abuse

EPF controls around 35% of MRCB shares. Lembaga Tabung Haji holds another 7%. Highly unlikely that the government would allow MRCB to collapse.

Stock

2018-05-02 15:24 | Report Abuse

TA is on its way up. It is only trading at a PE of 4.5 and a dividend yield of 7.5. Those who have sold TA over the last few days will regret later.

Stock

2018-04-27 22:16 | Report Abuse

First quarter earnings to be announced next month should include substantial gains from the disposal of a property in Australia. The 4.1 sen a share final dividend is really a windfall. I am already more than satisfied with a 3 sen dividend.

Stock

2018-04-10 22:19 | Report Abuse

Final dividend, expected to be around 3 sen a share, should be announced next week.

Stock

2018-04-04 16:42 | Report Abuse

Lowest in over 3 years. Buy and keep, sure won't lose in the long run.

Stock

2018-04-04 15:19 | Report Abuse

Many counters have dropped to the lowest in several years.

Stock

2018-04-04 11:41 | Report Abuse

Should be quite a safe bet now if you are prepared to hold for several months.

Stock

2018-03-26 16:11 | Report Abuse

Based on a 20% payout rate, the final dividend this year should be around 2.5 sen per share which works out to a yield of almost 5%, much better than the current 12 month fixed deposit rate.

Stock

2018-03-21 16:41 | Report Abuse

Likely very poor first quarterly result. Has already dropped by 40% from its recent peak and still no support. Have to wait for a few years now.

Stock

2018-03-20 09:16 | Report Abuse

Don't sell your Keck Seng shares at this level. Keck Seng's cash and value of share investments are already worth well over RM4 per share. You get the rest of KS's assets free, absolutely free. These include Menara Keck Seng, Regency Tower, 9,000 acres of plantation land, 1,000 acres of housing/commercial land, hotels in Toronto and Hawaii etc.

Stock

2018-03-07 16:45 | Report Abuse

May have to wait for another two years before it rebounds back to RM2 again.

Stock

2018-03-07 16:33 | Report Abuse

Syndicates are selling short, with borrowed scripts.

Stock

2018-03-07 15:34 | Report Abuse

Beware! Syndicates are borrowing scripts to short sell.

Stock

2018-03-02 15:19 | Report Abuse

Not recognised unless the shares are disposed.

Stock

2018-03-02 10:45 | Report Abuse

Total foreign exchange losses, realised and unrealised amounted to just over RM70 million last year but its unrealised gain on share investment exceeded RM195 million. NTA still increased by 47 sen.

Stock

2018-03-02 10:42 | Report Abuse

Earnings per share of RHB and CIMB are about the same and RHB's NTA is 10% higher but CIMB share price is over 35% higher.

Stock

2018-02-28 12:21 | Report Abuse

TA will report its latest quarterly earnings today. If profit is maintained, earnings for the full year will be at least 18 sen a share. This translates into a PE of under 4.

Stock

2018-02-28 12:06 | Report Abuse

Trading at a PE of 11, unusually low for a bank stock. There should be an "election rally"
which should push its stock price to at least RM6.

Stock

2018-02-27 16:49 | Report Abuse

Facbind's cash has gone up to RM 167 million in its latest quarterly report. At 8 sen a share, its 339 million Karambunai shares are worth another RM 27.1 million. Cash + shares are already worth RM 2.28 per share.

Stock

2018-02-27 16:33 | Report Abuse

Read page 75, audited financial statement.

Stock

2018-02-24 14:41 | Report Abuse

Good idea, close down all the banks and keep our money at home. When we need money to buy a car, just borrow from loan sharks. When we have excess money, we become loan sharks.

Stock

2018-02-24 14:29 | Report Abuse

Final quarterly results will be announced within the next few days. Huge losses again this quarter due to the rising Ringgit.

Stock

2018-02-12 10:21 | Report Abuse

Dropping back to 15 sen again. Beware!

Stock

2018-02-02 16:02 | Report Abuse

Some investors are buying into this counter.

Stock

2018-01-29 12:28 | Report Abuse

I think Keck Seng unlikely to be on the radar screen of any investor during this bull run.

Stock

2018-01-27 14:53 | Report Abuse

RHB Bank should continue to rise on Monday. Should easily touch RM6 by CNY.

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.