Do not placed too much hopes on any special dividend. If there is any its definitely an added bonus. With such a splendid quarterly results, Keck Seng will keep growing. Cheers!!!
Its a good idea to propose bonus issue rather spec dividend so that Director can save the additional 1% to be paid to IRB if they rec'd the spec dividend. Hope by 2014 Keck Seng will emerge as a true blue chip stocks of Bursa. Cheers!!!
Wah!, our bro EH6769 looks so confident, is there any insider news or jz your guessing. Anyway, with Keck Seng, we can always hope for the best. Cheers!!!
If share split followed by bonus issue, it may skyrocket to RM10 in no time. Anyway its jz our imagination but hopes it turns out to be true. Cheers!!!
possibility of paying special dividend from tax rebate is out from the radar as it encroaches the due date in Dec ...so its price will stabilize around this level , no up nor down ...status quo..
361.477 mi shares considered too few ? High time to increase the shares to billion co. shares so that it can be more marketable ? it will be much better if the co considers to do splitting into 10 cts share , so at 75cts- RM 1 /share will be more appealing given its huge land banks n book valued valuation since 1980's .
Notice of Shares Buy Back - Immediate Announcement KECK SENG (MALAYSIA) BERHAD
Date of buy back 03/12/2013 Description of shares purchased Ordinary Shares of RM1.00 each Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 10,000 Minimum price paid for each share purchased ($$) 7.460 Maximum price paid for each share purchased ($$) 7.460 Total consideration paid ($$) 75,144.98 Number of shares purchased retained in treasury (units) 10,000 Number of shares purchased which are proposed to be cancelled (units) 0 Cumulative net outstanding treasury shares as at to-date (units) 1,285,000 Adjusted issued capital after cancellation (no. of shares) (units) 0 Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%) 0.36
Have you all read the news that a Chinese property company based in Guangzhou (富力地产)has bought some land in Johor Bahru (116 acres) from the Johor royalty for RM 4.5 billion. This works out to RM 38.8 million per acre. Keck Seng's plantation land only needs to achieve 2% of this valuation and all of us will laugh all the way to the banks.
mind u kseng is not royalty , hope it will not be like mt austin where most of its lands were acquired thru state govt n paid a peanuts ! Usually , it will happen when your lands r not developed...just look around where the lands had been acquired or alienated for the sake of development but forcedly taken way. The possibility is there.....
Because Keck Seng is not owned by the Johor royalty, that's why I wrote that Keck Seng investors would laugh to the banks even if Keck Seng's plantation land was given a valuation equaled to just 2% of the valuation given to the Johor royalty's land. A parcel of Keck Seng's plantation land was acquired to make way for the construction of the Senai-Desaru Highway in 2006. The compensation was over RM 260,000 per acre. Property prices have gone up by as much as 100% in Johor Bahru since then. The compensation cannot be RM 260,000 per acre if Keck Seng's land is acquired again.
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Posted by SUPERDADDY > 2013-11-28 10:50 | Report Abuse
Do not placed too much hopes on any special dividend. If there is any its definitely an added bonus. With such a splendid quarterly results, Keck Seng will keep growing. Cheers!!!