prudentinvestor

prudentinvestor | Joined since 2013-05-10

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User Comments
Stock

2014-12-18 12:37 | Report Abuse

Buy slowly as its price approaches RM 5. Buy aggressively as its price approaches RM 4. Put all your money in as its price approaches RM 3. You won't go wrong.

Stock

2014-12-18 12:15 | Report Abuse

If the rally can last until the end of the year, there is a possibility this counter may go beyond 60 sen again.

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2014-12-17 17:34 | Report Abuse

At this level, L&G is trading at a prospective PE of under 2.5.

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2014-12-15 16:40 | Report Abuse

There are certainly some people buying and selling this counter to force down its price, inline with the market sentiment to cause fear among weak holders.

Stock

2014-12-04 21:23 | Report Abuse

We have been going down the past few days because the oil market is down and our government is so dependent on oil revenue. Our currency has also dropped a lot, now 1 US$ is equal to RM 3.46 and 1 Sing Dollar is equal to RM 2.62. Some funds might also have cashed out to invest in China.

Stock

2014-11-28 11:51 | Report Abuse

tt101, please check Keck Seng's detail announcement, no dividend was declared. Don't trust the Sin Chew.

Stock

2014-11-26 21:11 | Report Abuse

The market for condo in the Klang Valley is still good and I believe L&G should maintain its earnings in the run up to the implementation of the consumption tax next April. Assuming diluted earnings of 20 sen per share for the financial year ending 31/03/2015, this counter is thus only trading at a prospective PE of less than 3. Where on earth can you find such a company?

Stock

2014-11-24 20:09 | Report Abuse

Should touch 11.5 sen again within the next few days.

Stock

2014-11-21 20:47 | Report Abuse

UMNO will hold its General Assembly next week and as usual, the stock market is expected to move up.

Stock

2014-11-20 21:04 | Report Abuse

Don't worry about CIMB. In the CIMB, RHB Cap and MBSB merger, 1 RHB Cap share is valued to be worth 1.37 CIMB shares. RHB Cap is still trading at RM 8.27, therefore valuing CIMB share at RM 6.04 each. There is no reason for RHB to drop because it has turned in a profit of over 21 sen per share in the latest quarter. Anyway, small investors' total shareholdings in CIMB is just a small drop in the ocean. More than 95% of CIMB shares are in the hands of those holding 100,000 and above shares. There is not much room for CIMB to fall anymore as it should still make at least 45 sen per share in its latest financial year.

Stock

2014-11-20 17:20 | Report Abuse

At RM 5.90 a share, CIMB is at its lowest in over 5 years.

Stock

2014-11-20 17:14 | Report Abuse

Apparently some parties had offered to buy over TA's brokerage arm but at prices not attractive enough to him. Tiah still has 5 children to handle the corporate maneuvers. May be his children are able to fetch a better price for TA securities.

Stock

2014-11-20 16:48 | Report Abuse

Based on past record. A special dividend of 1.4 sen per share was declared on 2/12 last year and an interim dividend of 1 sen per share was declared on 14/12/2012.

Stock

2014-11-20 14:34 | Report Abuse

Special dividend announcement getting closer.

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2014-11-17 10:22 | Report Abuse

There is absolutely no reason for Facbind. to trade at this level (RM 1.24 per share). Its deposits with banks + cash and bank balances + available for sale investments ( 339 million Karambunai shares @ 7.5 sen a share) are worth more than RM 176 million or RM 2.06 per share. The company is totally debt free. I think investors probably have no faith in the company management.

Stock

2014-11-14 12:18 | Report Abuse

1.5 sen per share dividend coming.

Stock

2014-11-10 16:20 | Report Abuse

Someone is buying. Should go up higher. Be patient.

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2014-11-10 15:13 | Report Abuse

Some syndicates are seizing the opportunity to sell at 11 sen. Be careful.

Stock

2014-11-04 17:36 | Report Abuse

SHQuah, hello brother, TA is trading at a 50% discount to its NTA, not 100% discount. 100% means TA is trading at 0 sen.

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2014-11-04 11:43 | Report Abuse

Investors are probably expecting encouraging quarterly results again.

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2014-11-03 20:00 | Report Abuse

cyphua, the counter seems to have found some support the past few days.

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2014-11-03 18:32 | Report Abuse

As of 5th May 2014, the total number of Keck Seng shares not held by its directors, major share holders or their associates totaled slightly over 140 million. With net cash in excess of RM 950 million and share investments worth over RM 400 million, Keck Seng's directors need only to use these two liquid assets to offer RM 9.60 per share to Keck Seng's public share holders. So you guys know how valuable Keck Seng is? Don't part with your Keck Seng shares so easily.

Stock

2014-11-02 10:58 | Report Abuse

Should move beyond 60 sen again this week.

Stock

2014-10-31 19:28 | Report Abuse

May be Keck Seng directors were mopping up Keck Seng shares at 70% discount to its NTA.

Stock

2014-10-22 19:39 | Report Abuse

I think Keck Seng's downside risk is limited now. It is trading at a 13 month low.

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2014-10-19 13:06 | Report Abuse

This counter is now trading at a huge discount of 35% to its net cash position. Very illogical.

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2014-10-18 17:29 | Report Abuse

Don't be over confident Mr Neoh, I doubt if the rally can last, may be a few days, then selling would resume. Beware of the trap. I would be seizing the opportunity to unload more of my investments.

Stock

2014-10-18 17:21 | Report Abuse

Keck Seng's market capitalization has dropped to under RM 2.1 billion. Its net cash, investment in shares, Menara Keck Seng, Regency Tower and hotels in Hawaii and Toronto are already worth over RM 2.1 billion. When you buy Keck Seng now, you actually get 10,000 acres of land in Johor Bahru, valued at at least RM 400,000 per acre for free.

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2014-10-07 09:50 | Report Abuse

Probably some people know that financial results for the three months ended 30/09/14 would be bad and so they sell now and buy back later. It had happened before.

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2014-09-27 17:27 | Report Abuse

Volume too low. May be the same people buying and selling.

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2014-09-16 11:45 | Report Abuse

Over 95% of FGV shares are in the hands of those holding above 100,000 shares. This company won't go bust. It comes down because the price of CPO has come down. When the price of CPO rebounds, its price will follow suit.

Stock

2014-09-13 22:59 | Report Abuse

Again a flash in the pan. So don't forget to sell when it rises above RM 1.48 again next time.

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2014-09-13 22:54 | Report Abuse

I believe TA would move up to above RM 1.00 again before the announcement of its quarter 2 financial results later this month.

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2014-09-09 20:17 | Report Abuse

It would surge ahead when you least expect it.

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2014-09-09 20:14 | Report Abuse

AyamTua, hopefully AT doesn't become AKU TERTIPU eventually.

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2014-09-09 20:10 | Report Abuse

Hopefully it is not a flash in the pan this time. It has been giving the wrong signals for almost three months now.

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2014-09-08 21:45 | Report Abuse

I believe L&G can go up to at least 70 sen just before it trades ex-dividend.

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2014-09-04 19:28 | Report Abuse

Just follow what the big boss has been doing and you are unlikely to go wrong.

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2014-08-30 11:00 | Report Abuse

Just wait for the counter to trade ex-div in another 3 weeks. With first quarter earnings at 4.8 sen per share and a dividend yield of 3%, you can't find another property counter with such a low valuation.

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2014-08-29 20:17 | Report Abuse

Keeps losing money for years. NTA has dropped to 11 sen. Lost over RM 100 million in the latest quarter. Very high chance of falling below its recent low of 14 sen. This counter is not worth a look. Should be avoided for a long, long time.

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2014-08-29 15:27 | Report Abuse

leslie, actually I had already disposed several thousand KSeng shares after the announcement of its 1 quarter financial results but only to buy most of the shares back again after it had dropped by about 30 sen because I still had high hopes for the company. Not this time. The management should have compensated poor results with a much improved dividend in order to support KSeng's share price but this failed to materialize. There is no reason for KSeng's share to go up now. I might be wrong.

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2014-08-28 19:25 | Report Abuse

Sold about half of my KSeng shares yesterday and this morning. Will look at this counter again after it has dropped to around RM 5.80.

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2014-08-27 23:21 | Report Abuse

L&G's earnings for the last 12 months (1/7/13 to 30/6/14) came up to 15.6 sen per share. So it is currently being traded at a PE of just over 4. You won't find another property counter trading at such a low PE. Hopefully, the 2 sen dividend would give its price a boost tomorrow.

Stock

2014-08-27 23:09 | Report Abuse

The management consists of a group of rich people and they don't need any dividend. Only poor small investors like us long for some dividend. If not because of its cash pile of almost RM 1 billion and a multitude of other assets, Keck Seng is worth only around RM 3.

Stock

2014-08-27 19:44 | Report Abuse

steveooikp, the final dividend is 2 sen per share or 10% (L&G's par value is 20 sen). Are you not aware that starting this year, all dividend paid to shareholders must be net dividend?

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2014-08-27 11:02 | Report Abuse

Likely to drop to RM 6 within the next few days. 4c just isn't attractive enough.

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2014-08-26 17:58 | Report Abuse

If it can drop back to RM 5, that will be fantastic.

Stock

2014-08-22 16:36 | Report Abuse

Some of Keck Seng's plantation land had been acquired by the Government in 2006 to make way for the Senai Desaru highway. The compensation was about RM 260,000/- per acre or RM 6/sq.ft.

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2014-08-22 12:23 | Report Abuse

Less than 2 weeks from the announcement of a 2 sen net dividend. It won't go very wrong to buy at 64 sen now.

Stock

2014-08-19 20:33 | Report Abuse

Only a hyper bull run will propel Karambunai's share price to above RM1.