Posted by iafx > 2014-02-07 15:39 | Report Abuse

cpo steady up $15, technically looking to break $2600...

Posted by eht6769 > 2014-02-07 16:15 | Report Abuse

uptread on !!!!!!!!!!! next few days rm7 rebound

Posted by leslieroycarter > 2014-02-07 16:20 | Report Abuse

kseng will find its place in market , now is offer price , come Monday it shall have its price noticeable in Bursa...

Posted by eht6769 > 2014-02-07 16:27 | Report Abuse

buy call

Posted by prudentinvestor > 2014-02-07 16:38 | Report Abuse

With a jump of over 30 sen, Keck Seng should be among the top 5 gainers today. Hopefully Keck Seng will again be in the limelight next week.

Posted by iafx > 2014-02-07 16:52 | Report Abuse

http://www.btimes.com.my/Current_News/BTIMES/articles/20140207155017/Article/index_html

Posted by nightrader > 2014-02-08 10:27 | Report Abuse

where is that special dividend?

Posted by prudentinvestor > 2014-02-08 19:57 | Report Abuse

Special dividend? When all the banks refuse to accept Keck Seng's fixed deposits.

Posted by iafx > 2014-02-08 20:19 | Report Abuse

as of 30/9/2013, retained profit 1.2B

Posted by leslieroycarter > 2014-02-09 12:03 | Report Abuse

This is my layman calculation! ...................
This time around is real , very real coz its undervalued assets resurfaced again ! Its cash has risen to a tune of 1200 millions to be distributed to 361 millions shareholders . If you are buying into kseng now at 6.50 ,actually you are buying only RM 3.17 / share less the 1200 mi/361 mi which is equivalent to RM 3.32/share for the kseng real estates , undervalued assets , fixed deposits , properties, hotels and resorts , bonds , stocks and shares for a mere RM3.17/share which translates to 3.17*361 millions arriving at 1.144 billions for this KSENG REAL ESTATES ? It is real dirt CHEAP AND REAL OFFER OF THE YEAR IN BURSA ! LIKE IT OR NOT , IT WILL BE A RISING STAR IN BURSA 2014. Happy trading ...attached with a disclaimer .

Posted by arv18 > 2014-02-09 12:19 | Report Abuse

"as of 30/9/2013, retained profit 1.2B" - that is one helluva stingy company ... trying to win oscar for stinginess and tightfistedness

Posted by leslieroycarter > 2014-02-09 12:55 | Report Abuse

revisit on reports about kseng
http://nexttrade.blogspot.com/search?q=kseng

Posted by prudentinvestor > 2014-02-09 16:59 | Report Abuse

leslie, don't confuse retained earnings with cash and bank balances. Keck Seng has retained earnings that almost reached RM 1.3 billion as at 30/09/13 but its net cash is still around RM 920 million. The company could have used money from its retained earnings to buy assets, like land or building or both or for some other purposes. KSL had retained earnings of over RM 600 million but cash of just over RM 20 million three years ago. Keck Seng's net cash could reach the RM 1.2 billion mark in 2 years if its directors continue to be stingy with dividend payment. Keck Seng does not have 361 million shareholders. Our population is only 28 million. Even the largest listed companies in the world are unlikely to have more than a million share holders. A big company like Sime Darby only has just over 29,000 shareholders. Some one wrote on this topic only a month ago.

Posted by leslieroycarter > 2014-02-09 17:12 | Report Abuse

I never mentioned 361 million shareholders but shares . A layman would differentiate shareholders and trading shares denominated in 1000 units equal to 10 *100 shares . It is better talking in layman language to put h message across. no point in arguing coz agree and disagree is the norm of the day...

Posted by prudentinvestor > 2014-02-09 17:20 | Report Abuse

leslie, I didn't mean to belittle you but you wrote "Its cash has risen to a tune of 1200 millions to be distributed to 361 millions shareholders" .

Posted by cefiro22 > 2014-02-09 20:42 | Report Abuse

why is Keck Seng classified under "Industrial Products". It is about time the Company be re-structured into two separate entities namely > "Property" and "Plantation"

Posted by iafx > 2014-02-10 09:07 | Report Abuse

check it out, kseng LAND FOR AGRICULTURE AND HOUSING DEVELOPMENT is 80' price. couldn't believe it.

Posted by leslieroycarter > 2014-02-10 09:49 | Report Abuse

if do not believe it then sell is the answer....

Posted by leslieroycarter > 2014-02-10 09:52 | Report Abuse

if the calculation is wrong , do amend it ....to me either retained earnings or cash , it means the same" cash " to me . This is the real money not borrowings...

Posted by iafx > 2014-02-10 11:22 | Report Abuse

apart from lands, building assets r also in 80's price!

Posted by leslieroycarter > 2014-02-10 11:58 | Report Abuse

sell when the price is good ....undervalued assets are only perceptions ! We encourage sell when you had lost the confidence....in this stock.

Posted by iafx > 2014-02-10 16:01 | Report Abuse

cpo price juz breached $2600 :D

Posted by prudentinvestor > 2014-02-10 17:47 | Report Abuse

leslie, when a company has a lot of retained earnings, it doesn't mean it ought to have a lot of cash as well. KSL possesses over RM 1 billion in retained earnings but has only RM 112 million cash holdings. If you deduct KSL's borrowings of RM 200 million, the company is actually in debt to the tune of almost RM 90 million.

Posted by iphone4 > 2014-02-10 21:18 | Report Abuse

@prudentialinvest – KS @negative cash RM90mil? 2012 audited rept KS Net free CA (current asset) per share is RM2.58 (Total CA less Total Liability) and Net Free Cash RM1.809 per share (Cash+derivative less total liability). Understand the nos. is improving year by year. Are we on the same page?

Posted by leslieroycarter > 2014-02-10 22:07 | Report Abuse

Chart positive so may see higher price movement tomorrow

Posted by prudentinvestor > 2014-02-10 22:18 | Report Abuse

Which company are you referring to? Keck Seng or KSL Holdings? I only know that KSL has long term + short term borrowings of RM 209 million and total cash of RM 112.7 million.

Posted by iphone4 > 2014-02-11 12:37 | Report Abuse

@prudeninvestor -I am on the wrong page. Anyway using Net free CA and Net free cash shld be part of our investment tool – just sharing.

Posted by ooitata > 2014-02-11 12:41 |

Post removed.Why?

Posted by iafx > 2014-02-11 16:12 | Report Abuse

cpo reverted and up $3 atm ;)

Posted by leslieroycarter > 2014-02-12 15:04 | Report Abuse

sell kseng if u r no more confident...

Posted by prudentinvestor > 2014-02-12 15:26 | Report Abuse

Won't sell at this level. Hoping to buy when it dips back to around RM 6 again.

Posted by leslieroycarter > 2014-02-12 16:06 | Report Abuse

another alternative is selling on strength and change counter....like dutaland also undervalued assets ...now is in up trend!

Posted by greatfunds > 2014-02-12 18:10 | Report Abuse

Keck Seng Investment HK , the associated company rose 12% in HK today following 140% up in latest quaterly profit annoucement

Posted by Ben Gan > 2014-02-12 19:25 | Report Abuse

There were a lot of talks about KSeng having lots of tax credit with the Inland Revenue to be used for the payment as special dividend to its shareholders before the end of 2013.

We are well into 2014 and nothing happen in this respect. The management of KSeng is the most stingy when it comes to dividend payment. The company has a hugh amount of cash but do not know what to do with it except to put it in the form of fixed deposit with some banks.

Unless there is a change of guards at the top, KSeng is likely to continue to frustrate its minority shareholders. What a shame!

Posted by prudentinvestor > 2014-02-12 20:09 | Report Abuse

greatfunds, Keck Seng Investment HK was not listed as an associated company of Keck Seng in its latest annual report. Keck Seng's profit for the year ended 31/12/13 should come up to at least 43.5 sen per share or an improvement of more than 80% over last year's earnings. So just wait for a huge spike in Keck Seng's share price after its latest financial result is announced.

Posted by greatfunds > 2014-02-13 10:20 | Report Abuse

Prudentinvestor , TQ for ur update info

Posted by prudentinvestor > 2014-02-13 10:53 | Report Abuse

It is my pleasure to share what I know with the other small investors.

Posted by leslieroycarter > 2014-02-13 16:26 | Report Abuse

sell kseng is the answer if u have lost confident here!

Posted by leslieroycarter > 2014-02-13 17:01 | Report Abuse

selling into strength is the answer ...no point keeping kseng ...

Posted by iafx > 2014-02-13 17:02 | Report Abuse

hahahaa...

Posted by SUPERDADDY > 2014-02-14 09:48 | Report Abuse

Buy on weakness and keep for medium to long term. Cheers!!!

Posted by cefiro22 > 2014-02-14 10:54 | Report Abuse

Thanks, good advice .....and wait till Keck Seng restructures into two entities.>> Property and Plantations, just you wait!

Posted by surewin1woh > 2014-02-18 14:43 | Report Abuse

No more catalyst...

Posted by thteh > 2014-02-18 15:51 | Report Abuse

This company run by old man. Old man company must have patient one.

Posted by iafx > 2014-02-18 17:21 | Report Abuse

cpo at $2700, soybean is holding strong. watchout plantation ctrs with strong $$$ in hand WITH strong grow (m&a, fully integrated, prjs)

good luck!

Posted by leslieroycarter > 2014-02-18 22:41 | Report Abuse

oil palm price will come down drastically because there will be no takers after the implementation of environmental impact for crops grown on jungle clearing and peat soils in 2016? A ploy by the industrialised countries and EU?

Posted by iafx > 2014-02-18 22:54 | Report Abuse

that case involve only Sarawak, rather confusing, everyday new statement, better don't touch rsawit, jtiasa, sop, wtk, taann, thplant until the dust settle down.

there r many other not involved like this one, ioi, hapseng etc etc. ctrs with exposure in indon better with diesel policy. yr $ yr choice!

Posted by leslieroycarter > 2014-02-19 09:47 | Report Abuse

extract:
Highlights / Stock Picks of the Day - Keck Seng Malaysia (KSENG) - Not Rated

Author: kiasutrader | Publish date: Fri, 7 Feb 09:33

After a sharp decline from its peak (RM8.00), KSENG finally found its crucial support at RM6.00. The stock is heavily oversold as it currently stayed below all its short, mid and long-term SMA levels. Key momentum indicators showed that the bearish downward momentum is gradually waning and KSENG is poised to stage an oversold rebound from the current level. A bullish “Marubozu” candlestick has taken shape on the daily chart, signalling that the stock is likely to extend its gains in today’s trade. Should the rally turn out to be more than just a flash in the pan, KSENG could extend its upward move and retest the RM6.51 immediate overhead resistance over the next few days. On the flipside, traders should view any retracement of share price towards the RM6.00 support as an opportunity to buy on weakness.



Source: Kenanga

Posted by leslieroycarter > 2014-02-19 11:33 | Report Abuse

Is this still relevant??????????????????????????????????????????????????????

买激成送依区地皮？

Author: Tan KW | Publish date: Tue, 27 Aug 11:43

2013-08-26 14:39

激成（KSENG，3476，主板工业产品股）今年派特别股息96仙吗？激成在新山8000多英亩园丘有产业价值吗？

为了获知真相，笔者于六月底出席公司的股东大会。

激成股东大会会议摘要

特别股息柳暗花明又一村

（一）公司审计证实激成拥有大约3亿2000万令吉未分配盈利，能以扣税股息方式派发，但必须在年底前完成。

（二）董事经理表示，公司无意派发特别股息，因需要庞大现金作投资。

（三）股东不满，批评董事部的内容如下：

（1）既然公司需要钱作投资，董事部不该多领150万董事费。

（2）公司最近几年只把数亿令吉现金存入银行赚取低微利息，根本没有什么大投资计划。

（3）公司大股东为大富豪，不稀罕股息，但大部份股东属中等收入人士，董事部应体恤小股东，派特别股息，让小股东向所得税局追回25%退税。

（4）公司即使派发每股1令吉特别股息，只用掉2亿7000万令吉，但淨现金高达7亿9900万令吉，即还有5亿2900万令吉供投资之用，何况另有5亿400万令吉股票可随时套现。

所以，董事部根本无拒绝派特别股息的理由。

（四）最后，董事经理表示，明白小股东们的请求，但董事部须开会讨论才作出决定。

尽管如此，激成仍然有可能来一两个月捎来令人惊喜的消息。

园丘地
依区最大地主

董事经理斩钉截铁地说，公司位于新山UluTiram以东10公里，Tanjung Langsat工业区以北的8000多英亩园丘，具有产业发展潜能。

但现今无意发展，5年后再考虑，因已有上千英亩地皮供产业发展之用。

如果把激成的1326英亩产业发展地皮和8167英亩有发展潜能的园丘地加起来，激成那9493英亩土地，就超越UEM阳光（UEMS），而成为依斯干达最大的地主。

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。

总结

股价极度低估

有人花数千元收藏一枚钱币，也有人用数万元投资古董，只因为他们相言其价值。

激成的淨有形资产是每股20.16令吉。

这是根据房地产行情、股票行情的公认标准计算而得。

新加坡籍管理层诚实可靠，所以激成的资产负债表是千真万确的，但股价只有5.20令吉，也许信者不多吧。

今日大马已进入“土地为王”时代，拥有土地的个人与企业越来越富裕，依斯干达经济区将是大马的“深圳”，房地产价如日冲天。

各位想到此地买地做地主，即使是新山地不佬或Pletong区，地价也喊到一英亩80万令吉以上。

3.8万股拥1英亩地

各位不用望地兴叹，若你相信买股票拥有地皮的话，请看下文。

你买1000股激成，就拥有0.02635英亩依斯干达土地；或买3万8000股，就拥有一英亩土地。

各位，看看激成的金库表，单是资产（1）至（7）已值得每股5.47令吉。

现在你以股价低至5.47令吉的价格买入，就是说资产（8）至（11）包括依斯干达土地都是免费赠送。

由此算起，买激成股票送依斯干达地皮非梦也，你相信吗？

免责声明

本文分析仅供参考，并非推荐购买或脱售。投资前请咨询专业金融师。

Posted by leslieroycarter > 2014-02-19 11:36 | Report Abuse

Is this relevant any more?????

http://nexttrade.blogspot.com/search?q=kseng