please pay attention on this sentence-----'其实,激成派特别股息,当然是股东们天大的喜讯,但落空的话,也无须太失望,因公司最有价值的并非特别股息,而是其霸级资产,尤其是9000多英亩依斯干达地皮,都是1980年留下的“阿爷地”,价值连城'。 like hinting us that there will be no special dividend.
kseng looks great on paper but still the timing for re-rating is like forever Wonder if they have hidden problems or just unwilling to share profits with minority shareholders??
nightrader, Keck Seng's share price has already gone up quite substantially over the past 3 1/2 years. Before the bonus issue of 1 for 2 and the disposal of its Parkway Holdings shares in early 2010, Keck Seng was trading at under RM 4.00 per share or RM 2.67 after adjustment for bonus issue. Keck Seng's share price has more than doubled over this period, outperforming the KLCI by at least 50%. Still, it has a long way to go to reach its fair value.
v sorry for this counter coz NO BUYING DONE THOUGH PERMISSION GIVEN yr after yr ? This yr only done once at 10,000 shares not 36 million shares ( 10 % ) as were told. special div can fly kite so what is the fuss of valuation at RM 20 or so not ? ppls like us r very difficult to counter the major shareholders coz they are holding the jokers . They can wait until u give up n then slowly they buy back into their personal coffers . This is the law of the jungle lo....
Keck Seng has net cash of over RM 860 million. Paying a special dividend of 80% gross to its share holders will still leave the company with about RM 650 million in cash.
do not count money when it is still not in your pockets. I doubt this bloody counter will do such a good favour to all its shareholders ? Action speaks louder than talks. I m disposing slowly in order not to disrupt its market price. happy trading!
Keck Seng is up today probably because EcoWorld, a company linked to Liew Kee Sing's son has signed an agreement to purchase a 65.05% stake in Focal. Focal is the developer of Kota Masai in Johor Bahru and Keck Seng's plantation land is just next to Kota Masai.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lim AS
275 posts
Posted by Lim AS > 2013-09-03 12:48 | Report Abuse
I think to wait longer will be futile n better switch counter to reduce heartache...