Like I said before, when you have something like Keck Seng, you dont have to be panic or worry. Its jz the timing that matters. Buy during dips and sell when the sentiments is good. Cheers!!!
cutting kseng and enter scientx which seemed to me in a much better prospect because next qtr result will be out in 26 sept , the chances of paying good dividend are there coz last year at 19c compared with kseng 4c . It is a growth counter and making more money from year to year . This qtr may touch cumulative 70c and long term target at RM 1.00 in years to come . After weighing all angles, I had decided to switch from kseng to scientx..coz can sleep well...
management's plan to suppress the sp down and taking KSENG private ( hard to believe) ? wait n see. If you compare K Seng Hongkong and K Seng Malaysia, you will know what I am talking about..
leslie, actually I had already disposed several thousand KSeng shares after the announcement of its 1 quarter financial results but only to buy most of the shares back again after it had dropped by about 30 sen because I still had high hopes for the company. Not this time. The management should have compensated poor results with a much improved dividend in order to support KSeng's share price but this failed to materialize. There is no reason for KSeng's share to go up now. I might be wrong.
One has to have the "stamina"...like a long-distance runner, to hang on to this stock and keep collecting it as it drops to new lows when frustrated holders keep dumping it. As of now, it seems to have support at the 6.20 levels. I hope that it will split the RM1 par into two 50 sen shares and restructure the business into two main units of Property/Leisure and Plantations/Refining.
The day for Keck Seng to shine again must come when one least expect it to!
ternyata banyak aset yg disimpam lama tapi belum dinilai , duit cair pun mengatasi 1 Billion, tapi ALP tetap nak simpan duit cair dan aset tanpa buat apa-apa. Banyak saham dulu dipegangnya telah pun dijual tapi duit masih berada di tabung syarikat belum diagihkan. ALp tidak pasti kearah mana nak tuju? Mungkin dalam alam kebinggungan..Ia juga macam syaruikat Mas , yg mana akan di struktur semula kerana rugi banyak , tapi ini bagi kseng adalah lain, restruktur ALp bagi mengembalikan maruah pemegang-pemegang saham yg tertindas lama tanpa pembelaan.
Its up to each individual whether they'll continue to keep invested in this stock or otherwise. To me it shall always my favourite stock of all time. Cheers!!!
This old Prince decided that if he gives the Sleeping Beauty a kiss at 6.03 today, she might just wake up. Instead she returned the kiss at that price, but continued sleeping.....so I shall pursue with my act for this afternoon, till market closes.
Keck Seng's share price is at a bragain now , below the RM6.00 marks set by many in tandem with the weakness of the global financial marts. Took in another 2k shares for now. Cheers to all holders!!!
Extremely cheap at current price but many are still sceptical that it may be able to rise again. To me any price below RM6.00 is definitely a great buy. Cheers!!!
Jangan risau tehtarik, sudah 20 tahun saya jual beli saham Keck Seng & ia tidak pernah menghampakan saya dan saya percaya ia akan terus bersinar tak lama lagi.
can relook at kseng coz holding super cash more than 1 billion in FD ..This is the only counter left in BUrsa that is debt free and flush with cash. Cash is king after the Collapse of Bursa but it will be the rise of this tiny stock Kseng...where now it can acquire many companies at dirt cheap prices...if willing too!
Keck Seng's market capitalization has dropped to under RM 2.1 billion. Its net cash, investment in shares, Menara Keck Seng, Regency Tower and hotels in Hawaii and Toronto are already worth over RM 2.1 billion. When you buy Keck Seng now, you actually get 10,000 acres of land in Johor Bahru, valued at at least RM 400,000 per acre for free.
Earlier reports from links stated that it is valued at RM 17.00, some reports said that it is valued from RM 10.00-RM 20.00...how far it is true ? The important thing is you must do your own research,...nothing but research...
10,000 acres of land in JB is considered a very large land bank... 10,000*43560 ft2 = 435,600,000 ft2* RM 10.00/ft2 = RM 4.356 billion....free of charge ?????? 4.356Billion /361.477 million shares RM12/share FREE OF CHARGE TO THE EXISTING SHAREHOLDERS ON PAPER.... ONLY WAITING FOR WARREN BUFFET TO ENTER..... HAPPY TRADING...
Myself collecting slowly downwards from RM5.93 to RM5.80 and still watching. Will keep on collecting whenever I've excess funds. Even my spouse unable to understand why I'm so engrossed with this gem. Cheers!!!
Actually what is the net worth for KSENG shares? Nobody has the answer????? Some said RM 10.00 RM 17.00-RM 20.00 RM 20-RM 50?????? All are on paper ONLY if the company were to sell stock and barrel , we may enjoy those prices... So , the best thing is to convince the management to dispose all assets and to refund cash...then you may see the REAL INVESTMENT!!!!!!
Value of Keck Seng...Lots of views expressed and speculated. No option except to rely on the last Audited Account what the NTA. Up that figure by 10%, and I love that magic figure of RM6/ as a guide.
Whatever, this Beauty is suffering worse than Kleine-Levin Syndrome for she does not seem to wake up at all after sliding down all the way from a high of 7.42 on Apr 22, 2014. Peluk tiang sampai bila?
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 357 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11693 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
SUPERDADDY
400 posts
Posted by SUPERDADDY > 2014-08-29 10:58 | Report Abuse
Like I said before, when you have something like Keck Seng, you dont have to be panic or worry. Its jz the timing that matters. Buy during dips and sell when the sentiments is good. Cheers!!!