KECK SENG (M) BHD

KLSE (MYR): KSENG (3476)

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Last Price

5.89

Today's Change

-0.01 (0.17%)

Day's Change

5.88 - 5.91

Trading Volume

7,200


8 people like this.

3,301 comment(s). Last comment by Superdaddy 16 hours ago

Posted by snowball2000 > 1 month ago | Report Abuse

Still way too low (compared to its intrinsic value) to sell...

Posted by prudentinvestor > 4 weeks ago | Report Abuse

Consider selling only when turnover exceeds 1 million shares and share price spikes by over 10% in a single day.

Superdaddy

131 posts

Posted by Superdaddy > 4 weeks ago | Report Abuse

Kseng! GO!GO!GO! CHEERS!!!

Diamond7

2,150 posts

Posted by Diamond7 > 4 weeks ago | Report Abuse

Ringgit devalues!
Think of KSeng 's Pasir Gudang land assets

Think of KSeng 350 million US dollar cash
Think of KSeng s 380 million Spore dollars cash

Hidden gem....
Highly undervalue.....
A must have counter in view of Iskandar theme play 2.0

Will JB and Spore becomes one city?
Will JB be Spore new Shenzhen?
Will JB population increase from 0.5 million to 5 million in ten years?

Diamond7

2,150 posts

Posted by Diamond7 > 4 weeks ago | Report Abuse

What will happen upon the completion of RTS in early 2026?

Superdaddy

131 posts

Posted by Superdaddy > 4 weeks ago | Report Abuse

Continuous buying at all levels today. Not many seller as it approached Rm6 level soon. Cheers!!!

Posted by prudentinvestor > 4 weeks ago | Report Abuse

Already up RM1 since the beginning of the year. My second best performing stock after MRCB but only by a small margin.

Diamond7

2,150 posts

Posted by Diamond7 > 4 weeks ago | Report Abuse

PETALING JAYA: Johor experiences the strongest property demand by foreigners and momentum is expected to continue, driven by increased interest from Singaporean buyers, according to DataSense real estate intelligence head Dr Lee Nai Jia.

Posted by prudentinvestor > 4 weeks ago | Report Abuse

Keck Seng's turnover yesterday at 316,700 is considered very heavy. Even turnover exceeding 200,000 is rare. I think by the time its daily turnover exceeds 1 million shares its share price could have gone up to at least RM7.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Going up non stop. It seems its rise is unstoppable. RM6 next week and RM6.50 before CNY hopefully.

Diamond7

2,150 posts

Posted by Diamond7 > 3 weeks ago | Report Abuse

KSeng stocks have strong fundamentals.
Buyers of KSeng are long term investors. Buyers are old man or rich people!
Volume is small and price keeps going up cos it is tightly held. There are buyers but few sellers!

Diamond7

2,150 posts

Posted by Diamond7 > 3 weeks ago | Report Abuse

KUALA LUMPUR (Jan 26): RHB Investment Bank Research (RHB IB) has maintained its "overweight" rating on the real estate sector, identifying UEM Sunrise Bhd as the top proxy for the segment, with potential benefits extending to Sunway Bhd, IOI Properties and Eco World Development Group Bhd if significant railway infrastructure projects materialise in Johor.

In a sector update on Friday, the research house said that if the government decides to proceed with the Johor Light Rail Transit (LRT) and Kuala Lumpur-Singapore High-Speed Rail (HSR) projects, it could boost demand for residential, commercial and industrial properties in Iskandar Malaysia in the coming years, leading to an increase in prices for strategically located parcels of land.

https://theedgemalaysia.com/node/698664

Superdaddy

131 posts

Posted by Superdaddy > 3 weeks ago | Report Abuse

Kseng has and will become one of the most sought after land owners nearby JB. Cheers to an amazing year ahead!!!

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Keck Seng has a lot of properties, mainly plantation and development land that have not been revalued since 1980. In its latest quarterly report, its NTA was stated as RM7.10. Its actual NTA could be several times higher.

stockraider

31,527 posts

Posted by stockraider > 3 weeks ago | Report Abuse

Kseng is a good co for privatization loh!

In order to privatize, it need Rm 7.50 to privatize loh!

Posted by prudentinvestor > 3 weeks ago | Report Abuse

"In order to privatize, it need Rm 7.50 to privatize loh!"
Keck Seng's directors would be laughing all the way to the banks if they could privatize it without revaluing its properties bought over 40 years ago.

Posted by snowball2000 > 3 weeks ago | Report Abuse

I am fine with them revaluing only partially and then taking it private, as long as the price is RM10 or above..... ;P

Posted by prudentinvestor > 3 weeks ago | Report Abuse

If one Keck Seng can change for one Maybank in addition to some extra money to spend, it is not a bad idea to accept.

Superdaddy

131 posts

Posted by Superdaddy > 3 weeks ago | Report Abuse

Positive retracement going on for further upside to clear some stale bulls. Cheers!!!

Diamond7

2,150 posts

Posted by Diamond7 > 3 weeks ago | Report Abuse

Opportunity buy at 5.76/5.78/5.80

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Minor correction along the way. I don't expect it to drop by more than 10% from its recent peak of 6.05.

Diamond7

2,150 posts

Posted by Diamond7 > 3 weeks ago | Report Abuse

Wa!
5.66../5.67/5.68

Stocks cannot continuously
up..

Hopefully coming quarterly report is excellent...

Diamond7

2,150 posts

Posted by Diamond7 > 3 weeks ago | Report Abuse

Will there be a 9 cents dividend?

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Keck Seng should distribute at least 50% of its earnings as dividends and let investors decide what to do with their money. Then its final dividend would be much much more than 9 cents.

Diamond7

2,150 posts

Posted by Diamond7 > 3 weeks ago | Report Abuse

I agree with you@ Prudentinvestor!

speakup

24,467 posts

Posted by speakup > 3 weeks ago | Report Abuse

what happen to Kseng? is it coming QR no good?

Superdaddy

131 posts

Posted by Superdaddy > 3 weeks ago | Report Abuse

Jz a healthy correction after continuous upsurge. Cheers!!!

Diamond7

2,150 posts

Posted by Diamond7 > 3 weeks ago | Report Abuse

@ speakup
Coming quarterly report end of February
Should be good! Hopefully it's good! Hopefully come with 9 cents dividend!

Agree with Superdaddy...only a healthy correction!

stockraider

31,527 posts

Posted by stockraider > 3 weeks ago | Report Abuse

Kseng very stable investment mah!
Rock solid loh!

Superdaddy

131 posts

Posted by Superdaddy > 3 weeks ago | Report Abuse

Definitely sifu Raiders, it's such a deeply undervalued stocks indeed. Cheers!!!

Posted by prudentinvestor > 3 weeks ago | Report Abuse

I believe the correction should be over today. Soon Keck Seng would be on its way up again.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Correction so short. So fast on uptrend again!

Diamond7

2,150 posts

Posted by Diamond7 > 2 weeks ago | Report Abuse

Long term BULL

Up ten cents
Down 5 cents
Long term...trending up!

Can it touch 6.50/7.00/8.00/9.00/10.00

Or 20/30
Let's wait patiently
Wait ten years!

Diamond7

2,150 posts

Posted by Diamond7 > 2 weeks ago | Report Abuse

Cash in hand per share RM3.10

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Investors are puzzled why the company keeps so much cash for. If it doesn't know what to do with the cash, then it should distribute it out as dividends.

speakup

24,467 posts

Posted by speakup > 2 weeks ago | Report Abuse

Many good hotels available for sale, provided the price is right. In the past few years we saw Ytl scooping up some hotels

Posted by prudentinvestor > 2 weeks ago | Report Abuse

If Keck Seng really wants to buy some hotels, it could have done so at the height of the pandemic when you could get them at fire sale prices.

Superdaddy

131 posts

Posted by Superdaddy > 2 weeks ago | Report Abuse

Need to shake off some tired bulls before proceeding further uptrend. Cheers!!!

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Very, very few sellers around. Long term shareholders are unwilling to sell at this level. Offer at least RM10 a share to take it private.

speakup

24,467 posts

Posted by speakup > 2 weeks ago | Report Abuse

All celebrate Cny already

Diamond7

2,150 posts

Posted by Diamond7 > 2 weeks ago | Report Abuse

Quarterly report out on 24 th Feb
Exciting day...
Wait for goodies....

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Goodies could include a final dividend which is several times higher than last year's level or a bonus issue which the company hasn't declared for over 10 years.

Posted by prudentinvestor > 1 week ago | Report Abuse

Volume very low. Just a few sellers could push its price down to RM5.50 again or several million ringgit could push its price up to RM7.

Diamond7

2,150 posts

Posted by Diamond7 > 1 week ago | Report Abuse

JOHOR BARU: Johoreans of all races must work together to achieve the state's vision to be developed by 2030, says Datuk Onn Hafiz Ghazi.

The Johor Mentri Besar said the Year of the Dragon would be a good year for the state, especially with His Majesty Sultan Ibrahim, King of Malaysia, taking the reign as the Yang di-Pertuan Agong.

"This year, we have all kinds of plans for Johoreans as we strive to realise our vision of making Johor a developed state by 2030.

"Soon, the Rapid Transit System Link (RTS Link) will be completed, and we will also have a special economic zone (SEZ). These developments will bring positive growth to the state's economy.

Positive developments in JB! Properties n industrial land will sell well! Good for KSeng!

Posted by prudentinvestor > 1 week ago | Report Abuse

Ready to move north again after a short consolidation.

Posted by prudentinvestor > 1 week ago | Report Abuse

Wonder how many had seized the opportunity to buy Keck Seng when it dipped below RM5.60 a week ago.

Superdaddy

131 posts

Posted by Superdaddy > 1 week ago | Report Abuse

Holding pretty well despite some continuous selling pressures. Cheers !!!

Posted by prudentinvestor > 1 week ago | Report Abuse

Should soon reach its record high of RM 7.97 set over 10 years ago.

Superdaddy

131 posts

Posted by Superdaddy > 16 hours ago | Report Abuse

Holding pretty well despite some selling pressures fr impatient holders. Cheers for a great year ahead!!!

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