prudentinvestor

prudentinvestor | Joined since 2013-05-10

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Stock

2015-06-30 10:19 | Report Abuse

Should dispose of first should it go above RM 5.60 today.

Stock

2015-06-24 20:00 | Report Abuse

May be it is just rumour only, otherwise its share price would have shot through the roof.

Stock

2015-06-24 17:32 | Report Abuse

Already a more than 10% gain from its recent low just a few days ago. Those who had the gut to buy at 40 sen or below are having a good laugh now.

Stock

2015-06-09 17:08 | Report Abuse

At RM5.00 per share, it is already at its lowest in at least 5 years. At RM4, it would be the lowest level since the middle of 2009.

Stock

2015-06-08 12:40 | Report Abuse

Keck Seng must have kept most of its cash in Singapore. The average effective interest rates for its cash holding last year was 1.32 %. From the middle of last year, the Singapore dollar has gone up from $ 1 = 2.55 Ringgit to $ 1 = 2.75 Ringgit today. Can you imagine how much Keck Seng stands to gain if it keeps $ 300 million if its cash holdings in Singapore?

Stock

2015-06-07 15:24 | Report Abuse

We have been hearing about TA Enterprise divesting its holdings in TA securities over the past several years but such rumour never materialized. For those who are patient enough, such a rumour might become a reality one day. Just wait, after all TA is trading below par value and at a over 30% discount to its NTA.

Stock

2015-06-04 15:51 | Report Abuse

Last year, Keck Seng's over RM 900 million cash only earned about RM 10.6 million in interest. If the management is half as good as EPF, the income from Keck Seng's cash stockpile would have been RM 30 million.

Stock

2015-06-03 16:38 | Report Abuse

It went down to RM 5.05 in January this year. Who would expect it to shoot past RM 6 in less than 2 months.

Stock

2015-06-03 10:28 | Report Abuse

Keck Seng has almost 10,000 acres of land bank, of which 8,900 acres are plantation land. The rest consists of a 510 acre gold course (including club house and other recreational facilities) and housing land. Keck Seng's housing land and golf course should be worth RM 1,000,000 per acre. Based on this, Keck Seng's land bank is already worth RM 12.2 per share.

Stock

2015-06-02 15:55 | Report Abuse

Hasn't fallen below RM 5,50 for quite sometime now. Hope it doesn't drop below this crucial level this time.

Stock

2015-06-02 15:33 | Report Abuse

EPF withdraws support.

Stock

2015-06-02 12:07 | Report Abuse

With RM 1 billion in cash reserve and only about 142 million Keck Seng shares not held by its directors, major shares holders or their associates, the company can actually offer RM 7 per share to buy up all the public shares.

Stock

2015-05-30 11:14 | Report Abuse

The dividend was 2.8 sen last year and TA's share price was above 80 sen a year ago.

Stock

2015-05-22 14:46 | Report Abuse

Nothing to worry about CIMB. EPF has upped its stake in CIMB from 14.65% on 10/12/14 to 17.09% on 14/05/15.

Stock

2015-05-21 10:53 | Report Abuse

Keck Seng is a defensive play. If you buy at this level and its price still drops to RM 5.00, just invest more without hesitation.

Stock

2015-05-18 17:29 | Report Abuse

Looks like support for this counter has returned. 50 sen again soon, hopefully.

Stock

2015-05-18 17:24 | Report Abuse

Nobody can ever correctly predict when to sell a share, otherwise one does not need to work, only concentrate on share investment. Even charts can be deceptive because share price is often manipulated. Suppose you have bought several thousand Keck Seng shares today, would you not sell some after it has gone up by 15 to 20%?

Stock

2015-05-14 17:39 | Report Abuse

Too bad you didn't sell when it went up to RM 7.97 in early Nov 2013. Have to wait for some time now before it goes up to this level again.

Stock

2015-05-13 18:04 | Report Abuse

It looks like it is moving up to RM 5.96 to RM 5.98 again tomorrow.

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2015-05-13 10:50 | Report Abuse

Back to 13 sen again very soon. Ha, ha, ha.

Stock

2015-05-12 17:50 | Report Abuse

Worth to take the risk only if it falls to 13 sen or below again.

Stock

2015-05-11 14:53 | Report Abuse

High risk counter. Nobody knows whether it would go bust.

Stock

2015-05-11 12:01 | Report Abuse

For this counter it should be hit and run quickly.

Stock

2015-05-09 16:13 | Report Abuse

The company has been making losses for the past 6 years at least. It is one of the counters we should avoid.

Stock

2015-05-08 16:38 | Report Abuse

Back to 13 sen again by end of next week.

Stock

2015-05-08 16:21 | Report Abuse

Most small investors lose money on this counter over the past 5 years. How many actually make money this round?

Stock

2015-05-08 15:53 | Report Abuse

One of the worst performing stocks for many years.

Stock

2015-05-05 16:22 | Report Abuse

How many people made money when Kinsteel went up from 15 sen to 30 sen in a matter of days last August? Small investors always lose money.

Stock

2015-05-05 15:34 | Report Abuse

Beware of the trap.

Stock

2015-05-05 15:30 | Report Abuse

Since the beginning of the year, EPF has upped its stake in CIMB by over 1.5% to 16.6% whereas MUFJ's stake in CIMB over the same period hardly changes. No need to worry. Just buy and hold for a few months.

Stock

2015-05-05 11:23 | Report Abuse

Those who had bought at 14.5/15.0 sen two weeks ago must have lost their pants by now.

Stock

2015-05-04 17:00 | Report Abuse

With land in Johor Bahru getting lesser and lesser each day, Keck Seng could come in for a revaluation by some savvy investors one day.The time might be earlier than one expects. We won't go very wrong if we slowly accumulate Keck Seng shares now. Forget about its paltry dividend payout. A long term view is needed if you want to invest in this counter.

Stock

2015-05-01 19:41 | Report Abuse

FGV earned only 8.4 sen per share last year but has declared 10 sen per share as dividend. It can never afford to maintain such a pay out ratio in the long run. Earnings must improve first.

Stock

2015-04-28 17:38 | Report Abuse

Should move back to 50 sen again within the next few weeks if overseas markets are stable.

Stock

2015-04-28 10:47 | Report Abuse

Sold at 50.5 sen over two weeks ago. Now start to buy back slowly.

Stock

2015-04-27 16:16 | Report Abuse

Much faster than I had expected. Quick drop, quick rebound, hopefully.

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2015-04-21 18:16 | Report Abuse

You gamble with syndicates at your own risk. Syndicates don't normally lose money. So who would be losing money eventually? Small punters.

Stock

2015-04-17 21:58 | Report Abuse

There hasn't been any speculative play on this cash rich counter for a year now. Hopefully the uptrend can persist.

Stock

2015-04-16 17:33 | Report Abuse

Better dispose all if it ever goes up to RM 1.00 again.

Stock

2015-04-15 16:26 | Report Abuse

Compared to a low of under US$ 44 per barrel, crude oil has now risen to about US$ 54 per barrel. CPO price should follow suit very soon and hence plantation counters.

Stock

2015-04-15 10:48 | Report Abuse

Has any one read today's SinchewBusiness (星洲财经)? It was reported that Greenland Holdings of China (绿地集团)plans to buy 1,200 to 1,400 acres of industrial land located near to the existing Tanjung Langsat industrial building for RM 40 per ft2 or over 1.7 million per acre. Keck Seng's plantation land is just a stone's throw away.

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2015-04-14 15:32 | Report Abuse

The quantum of dividend to be paid will be known when the company releases its annual audited accounts at the end of this month.

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2015-04-10 20:30 | Report Abuse

rich, you should immediately sell your Keck Seng shares, if you have invested in this counter. The probability of Keck Seng going up to RM 14 is higher.

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2015-04-10 10:37 | Report Abuse

FGV seems to be on uptrend again.

Stock

2015-04-10 10:27 | Report Abuse

Don't worry. Just be patient and it will drop to 45 sen again within the next one month.

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2015-04-09 20:23 | Report Abuse

More likely to be 1st target 0.76, 2nd target 0.85

Stock

2015-04-08 20:38 | Report Abuse

With the present conservative management, you may have o wait for years before the company's full potential can be realized.

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2015-04-03 09:14 | Report Abuse

Unlikely to have anything you mentioned. Only 6 sen single tier dividend is assured.

Stock

2015-03-26 17:12 | Report Abuse

I have the confidence that CPO would move above RM 3,000 per ton within the next 3 years. FGV should follow suit and move above RM 3 per share. Can anybody work out the return if you buy FGV now?

Stock

2015-03-24 18:38 | Report Abuse

To make it short, should Keck Seng's directors decide one day to call it a day and dispose all its assets at market prices, those who have bought today can expect a return of not less than RM 15 per share.