Apple, the world's most cash rich company has US$ 158.8 billion in cash reserve. Its current market capitalization is around US$ 483 billion, having dropped from a peak of over US$ 600 billion some time ago. Keck Seng has cash reserve of around RM 950 million but its market capitalization is only RM 2.52 billion. So you know how cash rich Keck Seng is?
Keck Seng will continue to be in my radar for many many years to come despite so many negative comments from various investors. Time will tell when timing is right. Cheers!!!
It just made to the top 12 "gainers" this morning at close of trading> April l3-2014...at RM7.05, volume too small at 221 lots only. Be patient but hopeful.
For such an illiquid stock like Keck Seng, only a few traders are sufficient to manipulate its share price. Some traders are clearly buying and selling among themselves. It is a pity that Keck Seng is not on the radar screen of most investors despite its huge assets.
month of April is month of dividend disclosure ....? How much r we receiving ? 5-6 cts or an exciting bumper dividend plus other news forth coming? Pls not again the same old stuffs .....................really bored!
Never have too high an expectation of this counter, you may be greatly disappointed later on. The company had the opportunity to pay more franked dividends from its huge 108 balance, yet it didn't. So do you think that the management would declare a bumper dividend this time? Not likely to exceed 8 sen.
Do you guys know anything much about the "friendship" bridge between Malaysia and Singapore. I think it would be located at the eastern side of the IDR as the western side already houses the second link, two universities and a host of other amenities. A proposed terminal for the high speed rail between KL and Singapore is also going to be located here. Development has to be well balanced but the western part seems to be drawing the attention all this while.
kseng is a spore 3rd crossing property play mah....!! With huge plantation land and large tract of golf clubs at cheap cost, u can be assure of surewin play for johore baharu mah...!!
It got very good margin of safety and it is paying dividend too loh..!! Most of important kseng also got sizeable equities and cash holding close to Rm 4.00.
This is a very rare companies with such huge cash & shareholdings, The other raider can think of is Oriental Bhd loh..!!
Hi Sifu Raiders, very delighted to know that you are in this forum. With ur expertise, I believed Keck Seng will be wellknown in this forum in no time. Cheers and welcome!!!
shape of cup n handle suddenly appears ....and most likely kseng will gap up after the handle matures in shape ......hope this time is real! lai liao>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Let's hope management is finally coming out with something to reward their loyal shareholders. No point talking about Iskandar play, 3rd bridge crossing, cheap plantation lands and plenty of liquid cash blah, blah blah.
agree. management has its own agenda n self interest. they are not transparent n do not reveal much to their shareholders. they run the company as if it was a family enterprise ( selfish mentality). we need to be v patient.
Sifu Raiders, you mean 3rd crossing will be around Tg Langsat/Pasir Gudang? Then, there's more reason for us to keep such gem in long term if it's confirmed. Anyway this is still discussion at the intial stage. Even without the 3rd crossing, the land value is expected to be majestic. Cheers!!!
When you hold Keck Seng, you've to set used to the price fluctuations. Only then you can invest in the company with ease. To me, the more I hold, the better I felt. Cheers!!!
Yes let's wait. BOD cannot be aloof and insensitive to loyal shareholders. When company made money spread some goodies to investors, when time are bad we tanggung sama sama. That shld be the spirit .
The last time Keck Seng reached this level was at the beginning of Dec 2013, thereafter it was all the way down. Hopefully Keck Seng has the strength to reach RM 8 before the dividend announcement.
Morn Sifu Raiders, is it true the 3rd link will be very close to Kseng land? Anyway, even if it is at RM10/sq ft, the net asset value per share will definitely be increased by another RM5 to RM6.50 . Cheers!!!
Sifu Raiders, if that's the case, even if it touched the magical RM10/share its still definitely a bargain buy. Do send my sincere regards to your senior analyst too. Cheers!!!
Let us spread the good news to friends and relatives that they cannot go wrong investing in KSeng before it is no longer cheap to buy. BOD also need to do more in terms of dividends.
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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....
prudentinvestor
4,481 posts
Posted by prudentinvestor > 2014-04-02 20:38 | Report Abuse
Apple, the world's most cash rich company has US$ 158.8 billion in cash reserve. Its current market capitalization is around US$ 483 billion, having dropped from a peak of over US$ 600 billion some time ago. Keck Seng has cash reserve of around RM 950 million but its market capitalization is only RM 2.52 billion. So you know how cash rich Keck Seng is?