prudentinvestor

prudentinvestor | Joined since 2013-05-10

Investing Experience -
Risk Profile -

Followers

10

Following

0

Blog Posts

0

Threads

4,482

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
4,482
Past 30 days
83
Past 7 days
13
Today
2

User Comments
Stock

2017-09-13 10:43 | Report Abuse

Ringgit has gone up strongly against the US dollar. No more excuses for high raw material costs.

Stock

2017-09-07 21:55 | Report Abuse

If volume can be maintained at over 3 billion shares a day, I think it should easily break 80 sen.

Stock

2017-09-05 14:53 | Report Abuse

Invest in RHB Bank now, you won't go very wrong.

Stock

2017-08-31 10:54 | Report Abuse

NTA still increased by 24 sen even after setting aside 6 sen for final dividend payment.

Stock

2017-08-30 21:23 | Report Abuse

Keck Seng struck gold again in its share investment. Net investment in shares during the first half was RM7.6 million but total value of investment securities increased by RM134 million.

Stock

2017-08-29 23:38 | Report Abuse

Likely very poor quarterly results will be reported tomorrow, otherwise they won't wait until the last day.

Stock

2017-08-29 15:42 | Report Abuse

Hexza won't go bust, that is for sure. It has 75 million cash and another 75 million in share investment. At 90 sen a share, you are just paying 15 sen for Hexza's business.

Stock

2017-08-29 14:54 | Report Abuse

No bank should be trading at a PE of 10. If investors re-rate RHB and decide one day that it should have a PE of say 13, then it will trade at RM6.50.

Stock

2017-08-28 20:06 | Report Abuse

If not because of the RM 33.7 million compensation in lieu of land acquisition by MRT, L&G could be in the red.

Stock

2017-08-28 16:00 | Report Abuse

Drinkers will get used to the price hike after some time. Thereafter, they will start drinking again and sales will pick up.

Stock

2017-08-28 10:45 | Report Abuse

Those keen to invest in TA better act fast before it goes up further. Just bought another 12,000 shares early this morning at 67 sen. Average price now around 61 sen. Hahahahaha. Hope it can touch RM1.00 before end of Nov.

Stock

2017-08-27 22:52 | Report Abuse

Should go up to at least RM 1.00 before the announcement of the next quarterly result and if the third quarter profit is as good, it should go up by a further 20 to 30%. Just be patient, don't sell too early.

Stock

2017-08-25 23:14 | Report Abuse

Made 12.9 sen during the second half of last financial year and 9 sen during the first half of current financial year. TA is now trading at a prospective PE of just 3.

Stock

2017-08-25 21:32 | Report Abuse

Should move above the 80 sen barrier by the end of the month.

Stock

2017-08-25 20:23 | Report Abuse

Still made 11 sen this financial year and NTA increased by 10 sen even after payment of 4.5 sen dividend. Just wait for the 5 sen dividend.

Stock

2017-08-25 19:41 | Report Abuse

Another sterling quarterly performance. TA hasn't turned in such impressive results for over 10 years.

Stock

2017-08-24 11:36 | Report Abuse

TA Global's recent peak was 39.5 sen and TA recent peak was 73 sen. Son is doing better than mother now.

Stock

2017-08-23 17:08 | Report Abuse

Interim dividend will be announced within the next few days but I doubt we will get more than 4 sen per share.

Stock

2017-08-23 15:16 | Report Abuse

If total volume today exceeds 2.75 million shares, which looks very likely, it would be the largest volume in over 2 months. Good chance for RHB to go up further.

Stock

2017-08-23 10:45 | Report Abuse

Syndicates are trying to make small investors frustrated. Those who had bought last Thursday but could not pay now face forced selling.

Stock

2017-08-23 10:06 | Report Abuse

It is clear that investors didn't like the proposed merger between RHB Bank and AmBank. Six months ago, RHB and CIMB were at about the same price level. Today CIMB is more than 30% higher.

Stock

2017-08-23 09:18 | Report Abuse

Those who were brave enough and bought at below RM4.80 recently have made some money.

Stock

2017-08-22 20:10 | Report Abuse

Should be up tomorrow. When they started the merger talks, RHB was above RM 5.50.

Stock

2017-08-22 09:29 | Report Abuse

After buying up almost 25 million TA Global shares this month, he is probably switching his attention to TA.

Stock

2017-08-21 10:19 | Report Abuse

Very unusual for a bank to trade at over 10% below its NTA. First quarter eaning still came up to 12.5 sen per share. At this price, it is certainly a good long term buy.

Stock

2017-08-18 15:12 | Report Abuse

Hexza's performance this quarter should be much better.

Stock

2017-08-18 12:24 | Report Abuse

Tony aggressively accumulating TA Global shares, buying up over 9 million TAGB shares or over 40% of total volume transacted yesterday. Bright future ahead for mother and son.

Stock

2017-08-18 12:11 | Report Abuse

Before a company can be taken private, it must have the approval from shareholders controlling at least 90% of Keck Seng's paid up capital. It won't be easy to privatize Keck Seng unless the offer price is way above the market price as the directors and other friendly parties only control less than 65% of KSeng.

Stock

2017-08-17 16:20 | Report Abuse

Modest recovery but still a long way from its recent peak of over RM 5.50. Hopefully the recovery can last.

Stock

2017-08-17 15:01 | Report Abuse

Big boys were playing this morning. They have disappeared completely now.

Stock

2017-08-16 23:06 | Report Abuse

The threat of war has receded, so market should go up tomorrow.

Stock

2017-08-16 20:23 | Report Abuse

Unlikely to reach 40 sen in the next 2 years.

Stock

2017-08-16 20:14 | Report Abuse

Uptrend again. Should be up a few more sen before profit taking sets in.

Stock

2017-08-16 14:53 | Report Abuse

Haha, moving up again. Hopefully can break the 40 sen barrier this time.

Stock

2017-08-16 11:57 | Report Abuse

Stay invested in Keck Seng. It will be re-rated one day. Its re-rating could come earlier rather than later.

Stock

2017-08-16 11:36 | Report Abuse

Investors are celebrating the arrest of people suspected of being involved in corruption.

Stock

2017-08-11 16:45 | Report Abuse

Market is worried that a war may break out on the Korean Peninsula. Even after dropping by 560 points at the close, Hang Seng is still up over 19% over the past one year. We are up less than 5.4%.

Stock

2017-08-10 16:35 | Report Abuse

The profit from the sale of the property in Australia is expected to be around RM346 million. TA should gain RM200 million or more than 11 sen a share from this disposal.

Stock

2017-08-08 23:29 | Report Abuse

Buy now and collect your 4 cent/share dividend 3 months later. Return of 4% in 3 months, not bad at all.

Stock

2017-08-06 16:35 | Report Abuse

Much of Keck Seng's plantation land is only a stone's throw away from housing schemes undertaken by EcoWorld and Mahsing. Even in small towns in Johor, such plantation land can easily fetch over RM 600,000 per acre but the land currently has a book value of under RM6,000 per acre.

Stock

2017-08-03 11:17 | Report Abuse

I don't think Keck Seng has ever paid any special dividend over the past 30 years. The last bonus issue declared by the company was in 2010. There was another bonus issue in 1995, so it is just once in a blue moon that Keck Seng declares a bonus issue. The directors will of course get their bonuses every year.

Stock

2017-08-01 23:22 | Report Abuse

Keck Seng is expected to incur foreign exchange losses amounting to RM20 million during the second quarter if its holdings in foreign currencies remained unchanged.

Stock

2017-08-01 16:33 | Report Abuse

Keep for one year, should have at least 10% net return.

Stock

2017-08-01 14:52 | Report Abuse

Strong rebound from two and a half month low. Hope it can continue.

Stock

2017-08-01 13:17 | Report Abuse

Those who had subscribed and allotted LCTITAN shares have now lost more than 30% of their capital. What a pity. If the company had not lowered the IPO price from RM8 to RM6.50, investors would have lost much more. Small investors feel they have been fleeced.

Stock

2017-08-01 11:42 | Report Abuse

L&G doesn't have so much cash today. As at 31 March 2017, it had RM390 million cash, RM91 million in borrowings and RM58 million dividend to be paid. Its cash in hand should be around RM 241 million now.

Stock

2017-08-01 09:19 | Report Abuse

No more two sen final dividend again as some optimistic investors had hoped.

Stock

2017-07-31 22:45 | Report Abuse

A lot of grossly undervalued assets. When investing in such kind of counter, patience is the name of the game.

Stock

2017-07-31 22:01 | Report Abuse

Dow Jones breaks record after record but our stock market keeps dropping. Something very unusual.

Stock

2017-07-26 21:05 | Report Abuse

You are too greedy Calvin. I am more than satisfied if L&G can go up 1 sen every month. In twelve months L&G would have gone up 12 sen and that is more than 50% of its current price or 16 times better than a bank is able to pay you.