Posted by SUPERDADDY > 2013-11-01 10:10 | Report Abuse

It need to be slow and steady and such spike is a bit too fast for Keck Seng. Anyway, cheers to all as we are enjoying this bull run very much!!!

Posted by Wowalk > 2013-11-01 10:31 | Report Abuse

Agree with superdaddy

Posted by malaysiaboleh > 2013-11-01 10:40 | Report Abuse

it cannot wait anymore, bc once announce many will chase. This news has renewed since year 2007 - 2010 - 2011 - 2012 - 2013 and this December is a due date.

Posted by SUPERDADDY > 2013-11-01 11:00 | Report Abuse

Not to worry about the special dividend. Even if not announced the fund is still locked in the company so no loss incurred. As long as we are patient and willing to wait with full confidence I'm sure many of us here will be amply rewarded when the time is right. Cheers!!!

Posted by eht6769 > 2013-11-01 11:11 | Report Abuse

this is right time to reward ......cheers

Posted by leslieroycarter > 2013-11-01 11:17 | Report Abuse

corrections : Tax refund due on 31/12/2013 . If no refund considered RM 400 million burnt . There will be no any locking of cash as mentioned by superdaddy . Quote me wrong if this is the case . This shows how stupid is the management ?

Posted by SUPERDADDY > 2013-11-01 11:26 | Report Abuse

Very sorry if I gave a wrong assumption. Whatever it is Keck Seng shall be our stock darling of all times! Cheer!!!

Posted by GRACESIEW > 2013-11-01 11:32 | Report Abuse

Wowalk: y dont sell it today? will it break new record?

Posted by eht6769 > 2013-11-01 11:54 | Report Abuse

chinese man business wont let doing this ,,,,,Ho's family will entitle more after special dividend declaration ...y not get it

Posted by smartguy > 2013-11-01 12:14 | Report Abuse

section 108 tax credit, this story talking from last year dec until now. u think how high can go?

Posted by leslieroycarter > 2013-11-01 12:42 | Report Abuse

As a good Samaritan to surrender the Tax Refund of 400 Million to Malaysian government of the day is laudable especially at this crucial time when our deficit has gone up to 54.7 % , coming to the 55% threshold . This is the only company in Bursa has done this . The CEO should deserve a Tun/ Tan Sri or Dato instead. Cheers!

Posted by SUPERDADDY > 2013-11-01 13:21 | Report Abuse

Understand that the company will still have to cough out funds from their own cash reserves to enjoy the Tax credit where shareholders can have tax exempt dividends. If the Directors still refuse to dilute the company cash reserves, there's nothing much, we, the minority holder can do. As such their cash reserves remain strong.From my point of view the company shares has been cornered and no more liquid. We may expect some other good news to be out soon if not the special dividend. Cheers!!!

Posted by prudentinvestor > 2013-11-01 13:48 | Report Abuse

According to the circular to Keck Seng's share holders dated 4/6/13, only 38.95% of the company was held by the public. The rest was in the hands of the Directors, major share holders or associates of the Directors. While many small share holders are able to claim back a portion or all of the 25% tax that has been deducted, the Directors may have to cough up an extra 1% tax to the Inland Revenue Department. That might be the reason why they are not that keen to declare the long anticipated special dividend. I think Keck Seng's 108 balance has dropped to under RM 350 million now.

Posted by SUPERDADDY > 2013-11-01 15:04 | Report Abuse

Even the RM7.50 level was also broken thru with ease leaving me speechless. Cheers!Keck Seng!Go!Go!Go!

Posted by malaysiaboleh > 2013-11-01 15:05 | Report Abuse

seems like many tot this share price is push by those small holders here... Hold it tight.

Posted by SUPERDADDY > 2013-11-01 15:16 | Report Abuse

Yeah hold tight. Nxt level RM8.00. Cheers!!!Go!Go!Go!

Posted by eht6769 > 2013-11-01 15:46 | Report Abuse

solid rise

Posted by zamsaham > 2013-11-01 15:55 | Report Abuse

whoa, jaw dropping from 6>7.50 in less than 1 month.

Posted by ryei > 2013-11-01 16:05 | Report Abuse

on fire..

Posted by leslieroycarter > 2013-11-01 16:14 | Report Abuse

next week may witness the breaching of 8.50 in one or 2 days time . Cheers to all who r still holding dearly to the stocks.

Posted by malaysiaboleh > 2013-11-01 16:39 | Report Abuse

how u know next week RM 8.50 ?

Posted by leslieroycarter > 2013-11-01 21:23 | Report Abuse

Nanyang Siang Pao , Star , Sin Chew papers n nexttrade reports plus intuition .....volume , buying n selling support levels gave me that confidence...Cheers

Posted by nightrader > 2013-11-02 10:11 | Report Abuse

now everyone press directors to give special dividend

Posted by leslieroycarter > 2013-11-02 16:51 | Report Abuse

The directors got to gain more compared with the minority shareholders when they opted to pay the tax exempt dividend before the expiry date at the end of 2013. Even with 25% tax , they still got the balance 75% . So what is the real reason behind for not paying out the dividend but chose to surrender 100 % to the Malaysian government? Tak masuk akal langsung?

Posted by Tang Michael > 2013-11-02 17:10 | Report Abuse

I have kept kek seng for long time..it is time to sell if it passes 8.00 dividen or no.......

Posted by eht6769 > 2013-11-04 08:06 | Report Abuse

let resistance another wave today

Posted by Wowalk > 2013-11-04 09:15 | Report Abuse

7.7

Posted by SUPERDADDY > 2013-11-04 09:21 | Report Abuse

Keck Seng!Keck Seng!Keck Seng!Go!Go!Go! Cheers!!!

Posted by ryei > 2013-11-04 09:41 | Report Abuse

last week managed to get some at 7.50.... woo hooo!!

Posted by SUPERDADDY > 2013-11-04 10:03 | Report Abuse

Yeah, Mr Muscleman, its simply magnificent. Not many selling, the buying momentum keep surging. Cheers!!!

Posted by 12wells70palms > 2013-11-04 10:28 | Report Abuse

sooner or later the management will be announcing the tax exempt dividend. previously they were trying to keep the share price down in the hope of privatization of the company. That was when the share price was trading @ $5.00. Now that the share price is edging towards 8.00, this idea will be thrown out the window. Basically the management has always been stingy and they have never looked after the minority shareholders' interest .

Posted by MG9231 > 2013-11-04 10:36 | Report Abuse

What happen to this undervalue stock?

Posted by 12wells70palms > 2013-11-04 10:52 | Report Abuse

The minority shareholders like ourselves should be thanking those writers /analysts in the news media ( Nanyang Siang Pau ,The Edge ) who did an excellent job in dissecting the company and exposing its TRUE value.

Posted by thinsu06 > 2013-11-04 11:03 | Report Abuse

I have faith in this counter. There was speculations of bonus b4. If the land in Masai are evaluated, then the NAV will sky-rocket!!! Come on KSeng Management, don't be so conservative!!!

Posted by eht6769 > 2013-11-04 11:20 | Report Abuse

top high 797.....

Posted by SUPERDADDY > 2013-11-04 13:10 | Report Abuse

Its taking a short break at the RM7.80 to RM7.90 level before cruising to the next height. Cheers!KECK SENG!GO!GO!GO!

Posted by leslieroycarter > 2013-11-04 13:15 | Report Abuse

coming down to 786 to find support level. The share need to come down to build a solid base before pushing forward to break the 9.00 and 10.00 barrier . I got the gut feeling that it should perform better not les than chin teck at 9.30 level?

Posted by eht6769 > 2013-11-04 13:28 | Report Abuse

fully support your point

Posted by 12wells70palms > 2013-11-04 15:06 | Report Abuse

leslieroycarter.....it is interesting that u are using Chin Teck as a comparison. Would u like to share with us the reasons why?

Posted by SUPERDADDY > 2013-11-04 15:27 | Report Abuse

What I know is that Keck Seng is among te top 10 major shareholders (more than 2 millions shares) in Chin Teck Plantations which is also cashrich. It is also a johor based company which holds vast plantation land NS, Pahang and Kelantan. Cheers!!!

Posted by 12wells70palms > 2013-11-04 15:45 | Report Abuse

thanks

Posted by eht6769 > 2013-11-04 16:26 | Report Abuse

solid rise today ....

Posted by SUPERDADDY > 2013-11-04 16:34 | Report Abuse

Undergoing healthy profit taking before rising further. This is what Keck Seng needs now. Believed many stale bulls would have sold by now after a huge gains.Cheers!!!GO!GO!GO!

Posted by prudentinvestor > 2013-11-04 17:17 | Report Abuse

Apart from Chin Teck, Keck Seng also owns 4.9 million PPB group shares. If I am not wrong, Keck Seng also holds 10 million IHH shares and stakes in Shangri-La Hotels, Hong Kong. Keck Seng's plantation land is all located in Johor Bahru District.

Posted by leslieroycarter > 2013-11-04 18:30 | Report Abuse

old stories on kseng . A flash back:
http://tobeasuccesstrader.blogspot.com/2013/03/kseng-mar13.html

Posted by leslieroycarter > 2013-11-04 18:34 | Report Abuse

Actually how much worth for kseng is only a guess! Given the tangible n intangible assets , its worth is astronomical ? Some said it only worth 8.60? others said 17.00 ( nextrade ) , some put 20,30-50 but no one can give a correct answer . It is only u that determine the price of Kseng ! Cheers!

Posted by eht6769 > 2013-11-04 21:47 | Report Abuse

leslie, as like superdaddy told b4, average it 3 type of price

Posted by SUPERDADDY > 2013-11-05 09:47 | Report Abuse

Believed many have sold at current level due to the terrific gains. Congrats to them for the solid gains. For me and the rest of this forum strong and confident holders, we'll continue to ride with the waves towards the summit. Cheers!!!

Posted by hw0706 > 2013-11-05 09:50 | Report Abuse

the question is if there is no revalution than how.

Posted by SUPERDADDY > 2013-11-05 11:23 | Report Abuse

Even if there's no revaluation, no worry, the priceless value remain intact in this undervalued gems. Cheers!!!