Posted by prudentinvestor > 1 month ago | Report Abuse

Do you think you have any chance of success?

Posted by stockraider > 1 month ago | Report Abuse

They will buy & buy as long as below Rm 5.00 loh!

Posted by prudentinvestor > 1 month ago | Report Abuse

Less than 140 million Keck Seng shares are in the hands of the public. The company only needs less than RM850 million to buy up all the public shareholding assuming it starts buying now and pays on average RM6 for the shares. So cheap to privatize Keck Seng.

Posted by speakup > 1 month ago | Report Abuse

LITRAK already privatised. JACKPOT! speakup made rm1/share in LITRAK

Posted by speakup > 1 month ago | Report Abuse

For "privatisation theme", here are a few counters to look at: MPHBCAP, INSAS, ICAP, KSENG
all cash rich and very deep in value, all waiting for major shareholders to give go ahead

Posted by prudentinvestor > 1 month ago | Report Abuse

You have left out Facbind. It has a paid up capital of RM85 million, cash of RM151 million, practically debt free and available financial assets for sale at RM40 million. Closed at RM1.17 yesterday.

Posted by stockraider > 1 month ago | Report Abuse

Remember cash rich business are;

1. keck seng
2. Oriental
3. Star
4. Dutaland
5. Facb
6. Insas
7. Icap

Posted by prudentinvestor > 1 month ago | Report Abuse

Still prefer to buy bank stocks which consistently pay high dividends, rain or shine like Maybank.

Posted by speakup > 1 month ago | Report Abuse

speakup got Cimb & Ambank
Kseng is only a small fraction of speakup holding in Cimb & Ambank

Posted by prudentinvestor > 1 month ago | Report Abuse

I have no intention to keep Keck Seng any longer. Would consider selling when it reaches RM6 a share and call it a day when it reaches RM8.

Posted by speakup > 1 month ago | Report Abuse

another 5sen dividend coming?

Posted by prudentinvestor > 1 month ago | Report Abuse

They should have declared 50 sen a share final dividend instead of just 5 or 6 sen a share. Only people who are devoid of financial knowledge would keep so much money in the banks.

Posted by prudentinvestor > 1 month ago | Report Abuse

Excluding extraordinary gains, Keck Seng's earnings last year at over RM200 million or 56.65 sen a share was a record high. However record earnings is unlikely to translate into record dividend. I am expecting a final dividend of 6 sen a share. Anything extra is a bonus.

Posted by Superdaddy > 1 month ago | Report Abuse

Happy to see Stockraiders in this Kseng forum after so long. One of the best annual results after so long. Cheers!!!

Posted by speakup > 1 month ago | Report Abuse

one fine day out of the blue when nobody expects it............ kaboom! suspended......... going private

Posted by DickyMe > 1 month ago | Report Abuse

Certainly! Without a doubt! Confirm!

Posted by speakup > 1 month ago | Report Abuse

Just need to sabar

Posted by prudentinvestor > 1 month ago | Report Abuse

Keck Seng has been paying 10 to 11 sen a share dividend for over 10 years but stopped paying any dividend in 2020 and 2021. Since it has made record profits in 2022, the company should declare a bumper dividend to compensate loyal investors.

Posted by DickyMe > 1 month ago | Report Abuse

Keep dreaming!

Posted by prudentinvestor > 1 month ago | Report Abuse

I have no illusion about Keck Seng. That is why I used the word "should", I didn't use "will" or "would".

Posted by i3lurker > 1 month ago | Report Abuse

those hotels in Hawaii should be 100% full now but thats OUR money and not your money...

Posted by prudentinvestor > 4 weeks ago | Report Abuse

There are small investors who are willing to sell Keck Seng shares at a meagre price of RM3.57 a share. It just shows their complete lack of confidence in the company. Incidentally, Keck Seng's net cash and its investments in listed companies are already worth over RM3.80 a share.

Posted by speakup > 4 weeks ago | Report Abuse

Tak masuk akal

Posted by prudentinvestor > 4 weeks ago | Report Abuse

Some small investors can't afford to wait for the day when the goose starts to lay golden eggs. Good for the company directors. Should they decide to take Keck Seng private one day, they can make a lower offer to small investors.

Posted by speakup > 3 weeks ago | Report Abuse

Bstead going privatise at 0.855.

Bstead nta 1.62. Net debt 6.85Bil. Share price 0.655.
Insas nta 3.16. Net cash 789Mil. Share price 0.77
Kseng nta 6.74. Net cash 1Bil. Share price 3.53
Insas & Kseng look juicier for privatisation than Bstead.

Posted by Diamond7 > 3 weeks ago | Report Abuse

Hidden gem....!
Great profits...
Hopefully this year give higher dividen....
And shoot like rocket!!!!
Directors....give us bonus please!
We are all faithful investors!

Posted by speakup > 3 weeks ago | Report Abuse

Yesssssss

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Keck Seng didn't pay any dividend in 2020 and 2021 amounting to a total of 20 sen. This year's dividend should include the dividends it conveniently failed to pay, making a total of 30 sen I suppose.

Posted by snowball2000 > 3 weeks ago | Report Abuse

cash & equivalents plus investment securities (if liquidated) amounted to more than RM4/share. paying RM0.30/share as dividend is well within KSeng's means. Hopefully the major shareholder and BOD would also take care of minority shareholders like us...

Posted by stockraider > 3 weeks ago | Report Abuse

Cash rich & veli undervalue stock mah!

Posted by Fabien _the efficient capital allocator > 3 weeks ago | Report Abuse

A fact well known many many years ago.


Posted by stockraider > 2 hours ago | Report Abuse

Cash rich & veli undervalue stock mah!

Posted by speakup > 3 weeks ago | Report Abuse

before MCO, Kseng avg about 4.20
today it is 3.53. it has not recovered to pre-pandemic price level despite all businesses already reopened & back to normal

Posted by prudentinvestor > 3 weeks ago | Report Abuse

It shows investors have no confidence in this company. Major shareholders have to do something more proactive like making better use of its vast cash reserve, paying better dividends......

Posted by speakup > 2 weeks ago | Report Abuse

Koyak d
Good thing speakup only holding a bit only

Posted by speakup > 2 weeks ago | Report Abuse

Hancur

Posted by prudentinvestor > 2 weeks ago | Report Abuse

It is slow to react to good news but reacts immediately to bad news. Small investors have no confidence in this company. Sad!

Posted by prudentinvestor > 2 weeks ago | Report Abuse

People often say in times of uncertainty, cash is king. This doesn't seem to be true for Keck Seng.

Posted by speakup > 2 weeks ago | Report Abuse

Insas oso drop leh
Icap oso drop leh

Posted by prudentinvestor > 1 week ago | Report Abuse

Other counters drop already will rebound fast, Keck Seng takes time to rebound.

Posted by Diamond7 > 1 week ago | Report Abuse

Any news of dividend?
When?
How much?
Ten cents arhhh? Or more?

Posted by speakup > 1 week ago | Report Abuse

soon. Minimum 6sen i think. Hopefully can more

Posted by Diamond7 > 1 week ago | Report Abuse

speakup quote..
"Kseng net cash rm987mil.
Net cash/share rm2.73!"

Vow...
So rich!!!
Hopefully give bonus!
Let us share the joys!!!

Posted by speakup > 1 week ago | Report Abuse

Yes, very cash rich company
Hope they will make shareholders smile for once

Posted by prudentinvestor > 1 week ago | Report Abuse

I have lost faith in this company. Hope the major shareholders can take Keck Seng private at a reasonable price (over RM6 a share) soonest possible.

Posted by Diamond7 > 1 week ago | Report Abuse

Take private?
Please don't!!!

Reward la the faithful minority shareholders with a fat special dividend and please give bonus to add liquidity to this stock!

Posted by prudentinvestor > 1 week ago | Report Abuse

Since Keck Seng is so cash rich, it should distribute all it earns as dividend.

Posted by DickyMe > 1 week ago | Report Abuse

Minority barking!

Posted by prudentinvestor > 1 week ago | Report Abuse

Small shareholders should make some noise occasionally, otherwise major shareholders might think that we are happy with the way they manage the company.

Posted by Diamond7 > 4 days ago | Report Abuse

3.42
BUY!
Good buy..

If drop to 3.36
All in!!!

Posted by prudentinvestor > 3 days ago | Report Abuse

If the company decides to compensate investors for the loss of dividends in 2020 and 2021 and declares a 26 sen a share final dividend, then it is worthwhile to buy at this price.