Having such share in our portfolio , we can never get any worry even during difficult times.Keck Seng shall prosper from one year to another. Cheers!!!
corrections to malaysiaboleh..lands bought by forefathers and inherited till now . Kseng has yet to buy any piece of lands given they have so much ample cash . By right , they should have bought many pieces of lands utilizing the cash reserves and now will be a different story for Kseng ? Should be bigger than IOI if not mistaken . And mind you IOI is only 10 cts share now?
Lim AS: keck seng currently has more than 10,000 arce in JB area. It can make development more than 15 yrs.... Why so worry about keck seng should purchase more land. Land bigger than IOI is not matter of keck seng, Keck Seng is target look for valuable land in future.
K Seng does have the two ( in fact these both are all ) most valuable and solid assets : free encumbrance large land banks as well as net cash equivalent . These two holdings more than enough make it the strongest member in Bursa Malaysia.
It applies for properties exceeding RM1 million in value. Whatever it is, Keck Seng value remain intact.Many huge local property players eyeing a slice of its assets located strategically in the southern tip of Johor. Cheers!!!
at 4-5 % levy on foreigners , so a house for 1 million will cost an additional 45-50 K extra investment . With the expected increase at 10% pa , it will be still worthwhile to invest but for a longer term. The change situation is foreign property can only find for a foreign buyer and local property cannot change hand to a foreign buyer will cause great damage to the hot property run now existed in IDR. The sale of property will drop drastically and culmulating to the property burst in near term.
I think houses offered by Kseng are much cheaper compared with Eco- World under TS Liew . The houses sold by TS Liew ranging from 900k- 1.3 mi or higher at 1.3-1.8mi? So which one do u choose?
I was told that security wise is not safe in Kangkar Pulai , many unwanted criminals r on the look out there , mostly out from Spg Rengam ? That's why it is cheaper?
if thugs r around , your safety n security will at stake , your life may be lost due to that , thus better to hunt some other smaller houses esp established old housing garden where the price still affordable, unless n until u r working in S'pore .
As what has malaysiaboleh contented , if Eco- world jv with kseng , then kseng will flyyyy? This meant to say that the present management in kseng is so so ? It has to depend on others to pull thru to make bigger impact.
Bought in another 11,500 shares of Kseng at RM6.07 each yesterday noon after disposing some of my existing shares. Whatever it is, Kseng shall be my favourite stock of all time.Cheers!Kseng!Go!Go!Go!
Eventhough the TP by HwangDBS is RM6.00, I'm still buying at RM6.07 cos with Keck Seng, we can always set our mind at ease even when the market is in downtrend. Cheers!Kseng!Go!Go!Go!
today is launching project for keck seng fortune hills...Must be great sales, i m sure will get rise up the price..since everyone has understand the project will get good profit for company
No worry Leslie,its definitely a good horse. If goes down jz keep, it will come back with vengeance jz like The Secretariat, one of the best bred racehorse ever.Cheers!!!
The co is not in engaging in any buy back given that the permission was given year after year except once in 2013 at 10,000 shares x5.01. The highest ever achieved was 6.40 but TP now is 6.00 after the bonus 1 for 2. Still waiting for the tax refund under tax laws 108 or capital reduction by giving back the share capital ? Another round of bonus issue if permits or what ?
If the co refused to entertain Tax laws 108 and opted to do nothing until the expiry date , then I foresee that this very share may drop no matter what are the good news!
With or without the special dividend, Keck Seng will be one of the moust sought after stocks due to its property investment in IDR. Will continue to buy in as long as its below RM7.50 level. Cheers!!!
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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....
eht6769
711 posts
Posted by eht6769 > 2013-10-07 16:35 | Report Abuse
hi agreed and support,, All huge cash is Sin dollar...from exchange rate rise on 20~30% more