Posted by calvintaneng > 1 month ago | Report Abuse

Yes Speakup

Better buy Jtiasa than over already kseng anytime

Posted by Diamond7 > 1 month ago | Report Abuse

"Better sell overvalued Kseng and buy Rsawit now full of value"

Sure boh?
Be honest n write with integrity!
Prosper the righteous way....

Posted by Diamond7 > 1 month ago | Report Abuse

@Calvintan
Just in case u dun know how undervalue KSeng is

Rich assets

Kseng’s assets: (i) Net cash of RM1.106 billion (RM3.08 per share), (ii) Securities of RM414.94 million (RM1.15 per share), (iii) Rental properties valued at RM950.40 million (RM2.65 per share). The three assets are valued at RM6.88 per share (14% higher than the previous share price of RM6.01 on June 26). Other assets include 9,436 acres of land bank in Iskandar (refer to 2012 and 2023 reports).

2. Cash is king

Of the net cash of KSeng, 384 million is in SGD and 329 million is in USD. These two strong currencies and the Malaysian ringgit deposits earned 32 million ringgit in interest and 25 million in foreign exchange income. Therefore, Keck Seng has a solid fundamentals with huge deposits and strong cash flow.

3. Land is the king of kings

When inflation is high and money is depreciating, land can maintain its value and generate gold. KSeng owns about 9,400 acres of land in Iskandar Special Economic Zone, with huge potential for industrial development. It can be said to be the Iskandar land king among Malaysian property stocks


Think of RTS
Think of JB new Shenzhen
Think of SPZone agreement in September

Properties n industrial land selling very well in JB

KSeng can be 7/8/10/20/30 dollars in ten years time
On the conservative side

May even touch 7/8/9/10 by year end
Nobody knows

We wait for the coming quarterly reports n watchs it's EPS

Posted by prudentinvestor > 1 month ago | Report Abuse

"Yes Speakup
Better buy Jtiasa than over already kseng anytime"
Cannon Tan, Speakup is a smart investor. He bought Keck Seng at under RM4 a share and knows how much it is worth. He won't change gold for stone.

Posted by speakup > 1 month ago | Report Abuse

wah lau u remember!
but i also sold too early. cry cry!

Posted by Diamond7 > 1 month ago | Report Abuse

@ speakup
Not to worry

Probably there will be a healthy correction

N you can collect cheap !!
Good Luck

Posted by compoundingeffect > 1 month ago | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E3%80%90%E8%82%A1%E5%8A%BF%E5%85%88%E6%9C%BA%E3%80%91%E6%9F%94%E6%96%B0%E7%89%B9%E5%8C%BA%E6%88%BF%E4%BA%A7%E6%8A%95%E8%B5%843%E5%A4%A7%E8%80%83%E9%87%8F%E9%99%88%E8%BE%BE%E7%BB%B4

Posted by prudentinvestor > 1 month ago | Report Abuse

I think Keck Seng 's correction is likely over. I went to a high of over RM6.40 about 2 months ago and then dropped to below RM5.90 before recovering slowly. It should move higher than RM6.40 before correction again.

Posted by Diamond7 > 1 month ago | Report Abuse

@ prudentinvestor
Buyers of KSeng are long term investors
Old man or rich people
They hold tight tight...cos it's highly undervalue!!!

Fewer n fewer scripts available in the market!
Should KSeng declare a bonus issue or special dividend
It will fly.

Hopefully directors of KSeng do some cooperate exercise to reward the minority shareholders!!!

JB theme play will be on....
Still young....
N KSeng will move up up slowly
Properties n industrial land selling very well
Higher n higher EPS!

Posted by Diamond7 > 1 month ago | Report Abuse

Cresendo share split
One becomes three!!!

Hopefully KSeng gives bonus soon!

Posted by prudentinvestor > 1 month ago | Report Abuse

I still prefer cash to shares. Better declare a special dividend of RM1 per share which the company can easily afford.

Posted by speakup > 1 month ago | Report Abuse

yes Cash Is King (to quote najib)

Posted by compoundingeffect > 1 month ago | Report Abuse

Execution is key. “It's not about the cards you are dealt with, but how you play the hand.” ― Randy
Pausch. In the case of property developers, having large landbanks at strategic locations is akin to
being dealt a good set of cards in a card game. Nonetheless, the value of the lands are only as
good as the hands that they are in. At the end of the day, the value of the lands depend on the
ability of a company management to monetize and maximize the yield of the lands. This is the
Property l Sector Outlook/Thematic
18 HLIB Research l www.hlebroking.com
reason why some of the developers continue to trade at steep discount to book value while some
companies are already trading at a premium to it

Posted by compoundingeffect > 1 month ago | Report Abuse

Another example of a company that monetizes their lands well is Crescendo.
Crescendo was one of the first companies that announced land sale to DC back in Nov 2023. Since
then, it has announced a total of four land sales to DCs to-date. In its latest quarterly results 1QFY25
(FYE: Jan), the group NTA was lifted significantly to RM4.36 (+24.2% from RM3.51 from the
preceding quarter) as it recognized substantial land sale gains to DC. There remains more land
sale to DCs that will be recognized in subsequent quarters. Other than this, the group also managed
to capitalize on the steep price rise near RTS station as it acquired a land near the station in Sep
2023 for a purchase price of RM72m. Since its acquisition, the GDV of the project was revised
upwards several times from RM700m to RM900m and most recently to RM1bn, indicating how rapid
house prices are rising in that area. At RM1bn, the land cost-to-GDV is only 7%, thus, the project
margin should be very lucrative. The project is slated to be launched soon in 2HFY25. .......can we suggest Kseng management do the same??

Posted by prudentinvestor > 1 month ago | Report Abuse

Keck Seng's share price can easily be supported at above RM8 a share with less than RM100 million. With net cash in excess of RM1.1 billion and mostly kept in banks as fixed deposits, this should be a more proactive thing to do.

Posted by compoundingeffect > 1 month ago | Report Abuse

(a)
How will the Company use its RM1.2 billion reserves?
(b)
Does the Company plan to distribute 50% of net profits as dividends or issue bonus shares? The dividend payout ratio of the Company is extremely low despite the Company’s high annual cash inflows and huge cash balance in the balance sheet. Loyal shareholders are not getting reasonable dividends based on the Company’s financial performance and standing.
A1)
(a)
The RM1.2 billion reserves are being maintained for several key reasons, to ensure the Company’s financial stability and to support its ongoing and future business developments and acquisitions. These reserves allow the Company to be both prudent, yet agile in seizing such opportunities.
(b)
The Company had demonstrated its commitment to shareholders’ returns by declaring a total dividend of 15 sen per share for 2023, which includes a special dividend of 5 sen per share. This reflects the Company’s effort to return value to shareholders.
While Management acknowledges and will consider various proposals on dividend payout and bonus shares, these must be evaluated within the broader context of the Company’s strategic objectives and prevailing market conditions. The Board remains committed to balancing immediate shareholder returns with the long-term sustainability and growth of the Company.

Posted by calvintaneng > 1 month ago | Report Abuse

Don't waste time here with little catalyst

See

HEXCAP (0035) is now Oversold. Time to Accumulate in View of TNB RM90 BILLIONS CAPEX 2025-2030, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-25-story-h-156043017-HEXCAP_0035_is_now_Oversold_Time_to_Accumulate_in_View_of_TNB_RM90_BILL

Posted by Diamond7 > 1 month ago | Report Abuse

Cresendo share split
One becomes three..

Hopefully KSeng will oso proposed share split!

Posted by Diamond7 > 1 month ago | Report Abuse

Hopefully end of August interim dividend will be more than 5 cents!!!

KSeng 's property n industrial land currently selling well!

Posted by compoundingeffect > 4 weeks ago | Report Abuse

The Company has been and will continue to diversify into various types of property development. Previously, the Company focused primarily on residential and commercial properties, but now the Company is expanding further into property investment, such as TD Point and TD Central. Moving forward, the Company will be starting industrial park projects and service apartments, broadening the range of products to buyers. In the next three years, the Company expects to significantly develop the BBKP township and initiate development in Taman Bukit Cahaya. The Company’s commercial properties, TD Central and BBKP Central, are expected to be more vibrant and mature. In addition, the Company will have developed a portion of the industrial segments, namely TPR Tech Park I and II.

Posted by prudentinvestor > 4 weeks ago | Report Abuse

"Don't waste time here with little catalyst"
Cannon Tan, don't waste time posting any comment here, no Keck Seng investor would believe you. With billions of investments being poured into Johor Bahru and its surrounding areas, Keck Seng investors are waiting for the company to lay golden eggs.

Posted by Diamond7 > 4 weeks ago | Report Abuse

Don't waste time here with little catalyst

@ Calvin tan

The catalyst will come upon the signing of the SPZone agreement in September !
Following which all the resolutions will be tabled on budget day!
All related resolutions will be expected to be passed on budget day!

A lot of FDI foreign direct investment will flood into Iskandar!

Dream big!
Think of RTS
Think of JB as new Shenzhen

Will KSeng touch RM7.00/8.00/10.00 ?

Posted by compoundingeffect > 3 weeks ago | Report Abuse

I think Kseng will touch RM7/RM8/or even RM15 one day. But, what's your purpose to ask such a question? If Kseng is RM8 now, what would you do? 1) Buy More because it proved that what we compute on the value is correct and we bough quite undervalue? 2) HOLD, maybe sell 20% and feel happy about our instinct? 3)SELL, take profit and find another more undervalue counter? Just imagine, if you claim to be the shareholder/owner of the company, you know that how much your co. is worth, right? at least RM20? Why would we bother to see the price increase to RM7/RM8/RM9? And, why would we worry if price dropped back to RM5? Does this price matter to major shareholder? If you bought at RM3, you already make 100%. If your start buy at RM6 and hope for the SEZ, you hope price can goes to RM8? How about the major shareholder whom holding cost is RM0.20? Do your think he will sell it to other?......If you have RM5m FD at bank and your famous friend Mr. Calvin Tan shouted at you that you are a poor guy, would you be angry with him? So, you know very well that Mr. Calvin is wrong and you wont even bother about what he said?

Posted by Diamond7 > 3 weeks ago | Report Abuse

@compoundingeffect
I fully agree with you...

KSeng is highly undervalue
Worth at least RM20

Thank you for your comments! 😊 ❤️
KSeng is highly undervalue

Have great potential of touching RM20!

Posted by compoundingeffect > 3 weeks ago | Report Abuse

For Kseng, the management might have to consider how do improve the liquidity of the share. Example can be share split or bonus issue, whichever way will helps!

Active vs. Passive Management: For active fund managers, liquidity is critical to executing strategies that involve frequent trading or rebalancing. Passive managers may be less affected but still consider liquidity for rebalancing purposes.
Market Capitalization: Larger companies generally offer better liquidity compared to smaller, less-established firms. Fund managers might favor stocks of larger companies for their better liquidity profiles.

Posted by compoundingeffect > 3 weeks ago | Report Abuse

Kseng management can consider meeting up with analyst to cover its stock and employ professional investor relationship manager to deploy what is the company progress in landbank unlocking especially the converted landbank from TPGolf to industrial title for sell. Beside, most investor probably would like to know how will Kseng benefits from SEZ in the event that materalized. You don't have to tell MORE or tell LESS, you just have to tell the CORRECT picture what's the company progressing and let investor judge whether it's suitable to invest or not. At the end, what everyone hope for is the market better reflect the true value of the company.

Posted by calvintaneng > 3 weeks ago | Report Abuse

No waste time as they don't bother

Go for Tsh

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-02-story-h-155174342-TSH_RESOURCES_9059_AN_IMMEDIATE_LOOK_AT_ITS_VALUE_CURRENT_PROSPECTS_Cal

Posted by calvintaneng > 3 weeks ago | Report Abuse

KSENG IS OVERVALUED

UNDERSTANDING DIFFERENT FORMS OF VALUE IN VALUE INVESTING, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-03-story-h-155170407-UNDERSTANDING_DIFFERENT_FORMS_OF_VALUE_IN_VALUE_INVESTING_Calvin_Tan

Posted by prudentinvestor > 2 weeks ago | Report Abuse

"KSENG IS OVERVALUED
UNDERSTANDING DIFFERENT FORMS OF VALUE IN VALUE INVESTING, Calvin Tan"
Can Tan, all Keck Seng investors know the company is grossly undervalued. It has got lots and lots of land acquired more than 40 years ago that have not been revalued. Only a fool would say that it is overvalued.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Fair value for TSH is only RM1 whereas fair value for Keck Seng is over RM20.

Posted by Diamond7 > 2 weeks ago | Report Abuse

Sun 4 Aug 2024

KUALA LUMPUR: JP Morgan says the Johor-Singapore special economic zone (SEZ) will likely be a multi-year growth story just as how Shenzhen SEZ has developed over the past 45 years.

It also said the Johor-Singapore SEZ provides high-growth sector specific opportunities, outside of property land bank play.

The SEZ is promising given a more conducive regulatory and policy environment with proactive collaboration, the US investment bank added.

The firm expects regulatory harmonisation and tax incentives to pave the way.

Posted by Diamond7 > 2 weeks ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1369455
Read what JPMorgan writes...

Posted by calvintaneng > 2 weeks ago | Report Abuse

Kseng fall 🗡️

As it is overvalued

Stay safe in palm


https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-01-16-story-h-210439465-WHEN_BUBBLE_BURSTED_DON_T_CATCH_FALLING_KNIFE_STAY_SAFEST_IN_PALM_OIL_C

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Keck Seng has shot up from RM3.40 just over a year ago to over RM6 recently. It is natural that when market sentiment is bad, some weak holders would decide to take profit. Nothing very unusual. It has got over 8,000 acres of land not revalued since 1980. It is worth RM20 a share compared to TSH's RM1.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Tua Pao Tan, just a few weeks ago you praised JCY to the sky, claiming it was serving the whole world. It was at around 90 sen a share when you posted your eulogy. It has tumbled by 40% by now. Those who had heeded your advice have all landed in Holland.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Let's compare Keck Seng and TSH and see who is really boloh.
Keck Seng NTA RM7.77, EPS last financial year 67 sen, first quarter EPS 13.8 sen
net cash RM1.1 billion, investment in listed securities RM410 million,
over 8,500 acres of development and plantation land not revalued for
over 40 years. Worth over RM20 per share.

TSH NTA RM1.50, EPS last financial year 6.9, first quarter EPS 1.45 sen
Net cash ZERO, investment in securities RM25 million.
One is a useless stone, the other one is a piece of diamond.

Posted by calvintaneng > 1 week ago | Report Abuse

Hahaha

Tsh got Rm150 millions in
Inno shares or 105 million Inno shares

TSH

T = Tasty
S = Sweet
H = Honey

Posted by calvintaneng > 1 week ago | Report Abuse

Keck Seng

In hokkien

Gek sim = heart sick

Tsh can up 100% to 200% like Bplant up from 57 sen to Rm1.55

Gek sim can down 30% or more in coming crisis when Trump terror tariff tax all

Posted by prudentinvestor > 1 week ago | Report Abuse

"TSH
T = Tasty
S = Sweet
H = Honey"
Tua Pao Tan, no matter how you extol TSH, a useless stone can never become a diamond like Keck Seng. Just accept this reality.

Posted by prudentinvestor > 1 week ago | Report Abuse

"Yes Speakup
Better buy Jtiasa than over already kseng anytime"
Tua Pao Tan, 4 weeks ago you posted the above comment. Jtiasa has dropped by 10% (from 1.12 to 1.01), Keck Seng has just fallen by 3.5% (from RM6.20 to RM5.98). You keep bringing people to Holland.

Posted by Superdaddy > 1 week ago | Report Abuse

To me, Keck Seng is a super undervalued gems yet to be uncovered by many value investors. Cheers!!!

Posted by Superdaddy > 1 week ago | Report Abuse

Hopefully, someone can stop degrading such a wonderful stock in exchange of his own shares for his own benefits. Cheers!!!

Posted by prudentinvestor > 1 week ago | Report Abuse

This clown is likely heavily exposed to TSH. Can't say anything negative about TSH, otherwise he will track you down and say something bad about the shares you have bought.

Posted by prudentinvestor > 1 week ago | Report Abuse

Keck Seng is so illiquid that you can actually manipulate its share price to cause some jitters among small investors. My advice is, just hold on to your shares until golden eggs are being laid.

Posted by Sslee > 1 day ago | Report Abuse

If you are shareholder of KSeng you can write to KSeng IR with CC to Julius Baer (Spore) to take action on calvintaneng for malicious act with intention of manipulating KSeng share price:

Posted by calvintaneng > Aug 23, 2024 10:04 AM | Report Abuse
Please take note and be warned

Julius Baer (Spore) Kseng Top holder has been involved in wrongful acts in Singapore

if there is any force liquidation Kseng will be impacted as Top holders might be forced sold

so better sell Kseng or later Gek Sim (Heart sick with pain in hokkien)

https://igamingbusiness.com/uncategorized/singapores-aml-charges/#:~:t....

Posted by prudentinvestor > 1 day ago | Report Abuse

This wicked person is unscrupulous.

Posted by calvintaneng > 1 day ago | Report Abuse

please do think very carefully


see two macro picture


1. In Peninsular (West Malaysia )

there is a 52% diesel price rise

as such all industries will be impacted by a corresponding rise of 5% to as high as 30%

these will see higher cost

1. property
2. construction
3. construction material
4.logistic that send goods by lorry or ships

5. consumer food and drink which are bulky

6. Toll road owners
as lorries now see higher operation cost by 52% they will make less trip so less collections from till


others




2. By Nov 2024 if Trump gets elected he will impose 10% tariff (tax) for all and for China it will be 60% tariff

so all industries related to export to USA will be hit

two things will hit all


a universal price rise caused by rise of diesel 52%

a universal tariff by USA from 10% to 60%


that is why it is of utmost safety to go invest in East Malaysia stocks which got no 52% diesel rise there

and palm oil export is more to India and China (not USA)

Posted by calvintaneng > 1 day ago | Report Abuse

So don't buy first

Buy 🌴 now

Posted by prudentinvestor > 1 day ago | Report Abuse

Smart people know how much Keck Seng is worth and won't be taken in by a Gong Kia's advice. They don't want to go to Holland.

Posted by prudentinvestor > 1 day ago | Report Abuse

@Sslee, very smart of you to repost CalvinTan's post accusing Julius Baer of involvement in wrongful acts in Singapore. It was Julius Baer's staff by the name of Liu Kai who was implicated. Unscrupulous CalvinTan has now deleted all his slanderous posts.