KECK SENG (M) BHD

KLSE (MYR): KSENG (3476)

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Last Price

5.92

Today's Change

+0.14 (2.42%)

Day's Change

5.82 - 5.92

Trading Volume

41,600


8 people like this.

3,452 comment(s). Last comment by prudentinvestor 14 hours ago

calvintaneng

56,153 posts

Posted by calvintaneng > 2014-02-04 11:55 | Report Abuse

No lah, PM Corp has Net Net CASH 24 cents. Share less inflated like KSeng. PM Corp is trading at only 24 cents cash value.

So PM Corp is KING of kings.

Posted by prudentinvestor > 2014-02-04 12:29 | Report Abuse

Never invest in a company which sometimes makes less money than an individual.

calvintaneng

56,153 posts

Posted by calvintaneng > 2014-02-04 12:33 | Report Abuse

PM Corp made 20 Millions last quarter. About 3.2 cents for a 24 cents share. And MUI Berhad (3891) Assets Are Very Superior. Much more valuable than Brem or Keck Seng dollar for dollar or cent for cent. Check it out carefully.

calvintaneng

56,153 posts

Posted by calvintaneng > 2014-02-04 12:35 | Report Abuse

KSeng has 900 mil cash and share price is a whopping RM6.09 now.

PM Corp has 160 mil cash but share price is a Great Bargain at 23.5 cents now.

Can you SEE and do SIMPLE MATHS?

iafx

4,632 posts

Posted by iafx > 2014-02-04 12:42 | Report Abuse

comparing kseng vs pmcock? pmcock earning was made up by selling asset and not sales. sooner or later the $$$ will be used to save pm/pui ass rather than building the business nor return to share holders.

Posted by lyeooi123 > 2014-02-04 12:44 |

Post removed.Why?

talkking

167 posts

Posted by talkking > 2014-02-04 12:51 |

Post removed.Why?

calvintaneng

56,153 posts

Posted by calvintaneng > 2014-02-04 13:40 | Report Abuse

I bought Kseng at RM2.60. Also bought UMW in year 2004. See my 10 Year Celebration comment in UMW Forum. Bought RM2.40 in 2004. Now in year 2014 UMW is a Blue Chip at over RM10.00.

So talkking, check these out whether they are true or false.

calvintaneng

56,153 posts

Posted by calvintaneng > 2014-02-04 13:44 |

Post removed.Why?

talkking

167 posts

Posted by talkking > 2014-02-04 13:58 |

Post removed.Why?

calvintaneng

56,153 posts

Posted by calvintaneng > 2014-02-04 14:09 | Report Abuse

Cash pay out delayed. Just wait. As to conman. I told TigerShark to buy PM Corp at 20.5 cents. You can check this out at PM Corp Form Tread and find my advise.

PM Corp shot up to 37 cents and retraced to 21.5 cents lowest. Still higher than the 20.5 cents I told him to buy. So if he had taken my advise to buy at 20.5 cents he should do well. In fact I told all to buy at 15 cents on 20th September 2013. All who did still make money till now.

So the advice is still good. Longer term like UMW - PM Corp should be good.

Posted by prudentinvestor > 2014-02-04 14:55 | Report Abuse

Calvintaneng, when Keck Seng sells all its assets, it can make over RM 7 billion, not just RM 20 million that PM Corp made.

Posted by leslieroycarter > 2014-02-04 15:11 | Report Abuse

a story of david and goliath...untold

smalltimer

1,501 posts

Posted by smalltimer > 2014-02-04 16:01 | Report Abuse

b a mid term investor....no longer long term....u may not outlive your investment....someone else will enjoy it.....

Posted by leslieroycarter > 2014-02-04 20:57 | Report Abuse

DO NOT GO FOR LONG TERM, WHEN U HAD MADE ENOUGH JUST QUIT IS THE RIGHT ANSWER!

Funtrade

596 posts

Posted by Funtrade > 2014-02-04 22:44 | Report Abuse

Don't buy based on NTA, useless. NTA high so what ? it's not like they will be privatized and give you cash also. What goes up will come down. Brem also being gorenged up by syndicate and I'm looking for the doomsday for Brem.

Just follow leslie to take profit. better.

Posted by prudentinvestor > 2014-02-04 23:30 | Report Abuse

leslieroycarter, RM 160 million is just about everything that PM Corp has. Syndicates will make charts beautiful for you to jump in. Counters losing hundreds of millions can also have beautiful charts. That is how syndicates trap naive investors.

smalltimer

1,501 posts

Posted by smalltimer > 2014-02-05 09:58 | Report Abuse

remember Idris, Repco, Olympia, Ekaran...these are some of my mentors...

smalltimer

1,501 posts

Posted by smalltimer > 2014-02-05 10:03 | Report Abuse

Experience is a Bad Teacher; it makes you pay first, teaches later...eh not all gurus like that?

Posted by leslieroycarter > 2014-02-05 10:26 | Report Abuse

u need to set a target how much u want to make ,let say 10-15 % and stop loss 5% in whatever trade u r in.

alveygwee

120 posts

Posted by alveygwee > 2014-02-05 11:42 | Report Abuse

feel like will drop further~

iafx

4,632 posts

Posted by iafx > 2014-02-05 11:50 | Report Abuse

harga cpo tak jalan...

Posted by leslieroycarter > 2014-02-05 11:53 | Report Abuse

OVERSOLD COUNTER....

iafx

4,632 posts

Posted by iafx > 2014-02-05 11:56 | Report Abuse

not really, if cpo price continue to weaken

Posted by leslieroycarter > 2014-02-05 14:24 | Report Abuse

previously many analysts painted a rosy picture on kseng that the share may worth more than a fortune but sadly all became myths ....punters began to discard shares of kseng irrespective it has accumulated more than a Billion cash ! Either Cash, NTA , Tangible assets , undervalued assets will not lure any more people into the fold unless and until the management do something positive for the minority shareholders...

iafx

4,632 posts

Posted by iafx > 2014-02-05 14:30 | Report Abuse

u c how they "paint" mkh now ;D... anyway, make yr $ and chao

Posted by prudentinvestor > 2014-02-05 16:59 | Report Abuse

Whatever you guys may write, I will be queuing to buy Keck Seng at RM 6 or below in the next few days.

Mat Cendana

2,335 posts

Posted by Mat Cendana > 2014-02-05 20:38 | Report Abuse

It's on a downtrend since early November `13. Doesn't matter what the NTA or whatever is. The 6.00 support is crucial - if it slips below 6, then we'll have to wait until it does find the support and form a new base. It may be a good company as some say but there's no compelling reason to buy it at the moment.

Up_down

4,320 posts

Posted by Up_down > 2014-02-05 23:28 | Report Abuse

M waiting Keck Seng to drop below 6.00 and come back again.

Posted by prudentinvestor > 2014-02-06 10:03 | Report Abuse

From about RM 4 to almost RM 8 and back to RM 6, Keck Seng has already given up 50% of its gains. This is a very serious correction. It can't be more serious.

babu

326 posts

Posted by babu > 2014-02-06 10:25 | Report Abuse

@pi, why not ? the major part of the so called gains from the low of 3.52 in Sep11 to high of 7.97 in nov 13 were more or less due to the rigmarole of a "special dividend"eading to 31 Dec2013. All these came to nought ! Now, the rout should continue .........

iafx

4,632 posts

Posted by prudentinvestor > 2014-02-06 12:51 | Report Abuse

babu, when Keck Seng was at RM 3.52, the KLCI was lower than 1300 points. Keck Seng's net cash and its share investments are already worth more than RM 3.75 today. I do hope it can drop back to below RM 4 again.

eht6769

711 posts

Posted by eht6769 > 2014-02-06 17:08 | Report Abuse

rebound!!

Posted by leslieroycarter > 2014-02-06 17:20 | Report Abuse

At RM 6.00 , Kseng is really cheap considered it is still RM1 par compared with others which had done the splitting from RM 1 to 20 cts or 10 cts..If you were to calculate properly that Kseng at par 10 cts only equate to 60 cts which is comparable to most of the penny stocks in Bursa...irrespective whether they are cash rich, asset rich and in addition it is really undervalued compared with others.. Now is the right chance and opportunity to to own one ...the choice is yours.

iafx

4,632 posts

Posted by iafx > 2014-02-06 17:27 | Report Abuse

no need to worry at all, kseng is net cash, enjoying favorable forex in its biz. kseng this fiscal year is certain to perform better than last year already. some correction is actually good.

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-02-06 17:42 | Report Abuse

Still waiting patiently by the sideline to pounce on any weaknesses. No worry, those solid believers will be amply rewarded soon. Cheers!!!

thteh

106 posts

Posted by thteh > 2014-02-06 18:12 | Report Abuse

We are patient and can wait. Cheers

Posted by leslieroycarter > 2014-02-07 08:41 | Report Abuse

only serious correction can bring a better outcome!

iafx

4,632 posts

Posted by iafx > 2014-02-07 09:55 | Report Abuse

one of the very few best plantation stock finally wake up!

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-02-07 10:13 | Report Abuse

After hibernating for almost 3 weeks, its back to work for Kseng.Gong XI!Gong XI! Cheers!!!

iafx

4,632 posts

Posted by iafx > 2014-02-07 10:20 | Report Abuse

hold only low debt if not net cash plantation co., always check debt ratio in order to truly hold long for palm's good year to come! yr $ yr choice!

eht6769

711 posts

Posted by eht6769 > 2014-02-07 10:23 | Report Abuse

angpao

Posted by prudentinvestor > 2014-02-07 10:35 | Report Abuse

Keck Seng has undergone a far too long and far too serious correction over the past 2 months. The only natural thing is its shares would rebound strongly, given the right conditions.

eht6769

711 posts

Posted by eht6769 > 2014-02-07 10:40 | Report Abuse

should be good news has coming

Posted by leslieroycarter > 2014-02-07 11:00 | Report Abuse

kseng ups with vengeance ...

Posted by leslieroycarter > 2014-02-07 11:54 | Report Abuse

Listing Information & Profile for Structured Warrants

Instrument Type : Structured Warrants
Type of Structured Warrants : Call Warrants
Description : European Style Non-Collateralised Cash-Settled

Underlying Stock : KECK SENG (MALAYSIA) BERHAD
Issuer : MAYBANK INVESTMENT BANK BERHAD
Stock Code : 3476CB
Stock Short Name : KSENG-CB
ISIN Code: MYL3476CBOB7
Board : Structured Warrants
Sector : INDUSTRIAL PRODUCTS
Initial Listing Information :
Listing Date : 21/11/2013
Term Sheet Date : 20/11/2013
Issue Date : 20/11/2013
Issue/ Ask Price : MYR 0.1500
Issue Size in Unit : 100,000,000
Maturity Date : 28/11/2014
Exercise/ Strike/ Conversion Price : MYR 7.6500
Revised Exercise/ Strike/ Conversion Price :
Exercise/ Conversion Ratio : 15:1
Revised Exercise/ Conversion Ratio :
Settlement Type/ Convertible into : Cash
Name and contact details of the market maker (if applicable) : Equity &
Commodity Derivatives Group
c/o Maybank Investment Bank Berhad
32nd Floor, Menara Maybank

Ration 15:1 =15*15=225
Exercise =765
Total =990/share ?= RM 10.00

Posted by leslieroycarter > 2014-02-07 11:59 | Report Abuse

stochastic penetrates buy signal?

Posted by leslieroycarter > 2014-02-07 15:08 | Report Abuse

accumulate is the answer....

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