Posted by leslieroycarter > 2016-03-21 15:39 | Report Abuse

as minority shareholders we r the losing lot....n directors can't hear u....

Posted by leslieroycarter > 2016-03-22 11:57 | Report Abuse

Kseng is good in selling assets but v poor in buz development; pile of cash also can loose so much money ?

Posted by Diamond7 > 2016-03-22 21:36 | Report Abuse

I am sure the management will do the best for all shareholders!

Posted by leslieroycarter > 2016-03-23 16:47 | Report Abuse

that's good! But so far nothing happen yet?
The co got big chunks of land bank in Iskandar but has no plans to do any development ;
The co is waiting patiently to let others to acquire their lands:
Having Billions of cash but kept in exceedingly low returns on interest ?
All businesses r not making in respect of dollars sense:
They r happy to receive their salaries but doing nothing:
Year in year out , just be happy with the same who r running the co like any other kopitiams...
This is a fact but many minority shareholders r hoping that one day something good may happen like asset revaluation, bonus issues n the return on share capital ....

Posted by FGV_ > 2016-04-05 19:13 | Report Abuse

YOY CPO output drop over 30% in Mar.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5050245
http://www.bursamalaysia.com/market/listed-companies/company-announcements/61609

Posted by prudentinvestor > 2016-04-06 18:46 | Report Abuse

As expected, final dividend remains at 6 sen or a total payout amount of around RM 21 million. The value of its holdings in US and Sing dollars has dropped by several times this amount over the past 3 months.

Posted by Diamond7 > 2016-04-09 11:01 | Report Abuse

Arhhh.....so 'kiam siap'!!!
Directors.......please be more generous!
Consider a special dividend la..........

Posted by limayseng > 2016-04-21 16:40 | Report Abuse

its land bank will soon be acquired by govt....so no more revaluation of assets!

Posted by Diamond7 > 2016-04-21 17:42 | Report Abuse

Good! Good! Very good!!!

Posted by leslieroycarter > 2016-04-22 16:01 | Report Abuse

shortage of workers n El Nino effects will seriously jeopardized the oil palm fruit production n lastly its income from the plantation sector...

Posted by prudentinvestor > 2016-04-24 11:51 | Report Abuse

When the government acquires ks's land bank, the directors would surely demand to be paid at market price. When the directors decide to privatize ks, we can only hope they remember to revalue its land bank.

Posted by Diamond7 > 2016-05-24 14:28 | Report Abuse

Harga turun!!!

Posted by prudentinvestor > 2016-05-25 19:48 | Report Abuse

Privatization offer price RM 5.50 per share. Company for sale asking price RM 25 per share.

Posted by Diamond7 > 2016-05-25 21:14 | Report Abuse

Vow!

Posted by beso > 2016-05-26 12:19 | Report Abuse

good company but very stingy

Posted by prudentinvestor > 2016-05-27 17:56 | Report Abuse

Suffers heavy foreign exchange losses. Company had RM 430.6 million worth of US$ and RM 218.4 million worth of Sin$ on 31/12/2015.

Posted by leslieroycarter > 2016-06-06 12:10 | Report Abuse

unbelievable? 1st qtr loss 32 million...even stashed with more than Billion cash?
what r the mgt doing?
Friday, 27 May 2016

5:18PM KSENG General Meetings: Outcome of Meeting
5:18PM KSENG 1Q net loss 31.999 million

Posted by SUPERDADDY > 2016-06-08 16:39 | Report Abuse

Bought another 1,800 shares at RM4.95 today. Hope for the best. Cheers!!!

Posted by leslieroycarter > 2016-07-25 13:44 | Report Abuse

forget about this shit counter....

Posted by tws6131 > 2016-07-26 15:16 | Report Abuse

when shit turn to dog's like ,everyone will follow !!

Posted by prudentinvestor > 2016-07-26 18:25 | Report Abuse

With over RM 1 billion of cash and 10,000 acres of land in Johor Bahru, mostly at a book value of RM 5,000 per acre, it can't be a shit counter.

Posted by SUPERDADDY > 2016-07-27 12:23 | Report Abuse

Took in another 1,200 shares at RM4.78. Cheers!!!

Posted by SUPERDADDY > 2016-07-28 15:09 | Report Abuse

Hopefully the Meridien East Township by Mah Sing group in south eastern Johor (Flagship D of Iskandar) will boost up the landbank value further. Cheers!!!

Posted by Diamond7 > 2016-08-15 11:38 | Report Abuse

Will wait patiently with SUPERDADDY!!! Will be a 10 bagger stock soon ....cash rich and undervalue!!!!

Posted by Diamond7 > 2016-08-15 11:39 | Report Abuse

Soon will be like KLK and BKawan......

Posted by Diamond7 > 2016-08-15 11:40 | Report Abuse

and PPB.....

Posted by SUPERDADDY > 2016-08-15 12:36 | Report Abuse

Happy to know that at least someone like bro Diamond share the same interest like me on Kseng. Can see a bit of activities today. Hope there's more to come. Cheers and happy investing to all !!!

Posted by stockraider > 2016-08-15 14:51 | Report Abuse

Superdaddy,

Oriental quite similar to kseng already start moving, hope will spillover to kseng soon loh....!!

Posted by CFTrader > 2016-08-15 14:58 | Report Abuse

just a friendly reminder.
A person whom invest in their landbank is not invest in their business... it's invest on their asset...

such investment is categorize as "cigarette-punt investment", which will only yield low return compared to other investment approach.


The golden rule to win the game is :
1. finding a growth counter which can generate consistent improved profit,

2. and the profit is real in cash (not fabricated on revaluation or asset disposal),

3. and when the cash is received, it must be distributed to the shareholder as cash dividend.

4. Balance sheet shall be good with high cash low debt preferably, to shield them from economic downturn.

5. Good cash pile to generate high Return Of Investment, not just stashing and let it rot like PARKSON.

ask yourself, did any company (not just KSENG, but others too)in your portfolio filled that criteria ?

just my 2c.

Posted by SUPERDADDY > 2016-08-15 15:05 | Report Abuse

Congrats to sifu Raiders on your KESM which performed remarkably well today. Hopefully there'll be a spillover effect on Kseng jz like what happened to Oriental today. Cheers!!!

Posted by prudentinvestor > 2016-08-16 07:08 | Report Abuse

No speculative play on this counter for a long, long time.

Posted by Diamond7 > 2016-08-16 23:30 | Report Abuse

Vow....more than 150,000 units done!!! Someone is eyeing at this counter!!!

Posted by SUPERDADDY > 2016-08-30 14:42 | Report Abuse

Results to be out today. Hope its not too bad compared to the previous one, Cheers!!!

Posted by SUPERDADDY > 2016-08-30 18:03 | Report Abuse

Quite a commendable results of RM29.33 mio net profit after 2 consecutive quarters of losses . Earning per share RM0.08 with interim dividend at RM0.04 payable in end Nov 2016. Cheers!!!

Posted by prudentinvestor > 2016-08-30 20:41 | Report Abuse

I believe quite a large percentage of Keck Seng's earnings in the latest quarter was contributed by gains in the US and Sing Dollar against our Ringgit.

Posted by leslieroycarter > 2016-09-20 13:12 | Report Abuse

already dead.....even with so much cash also can't make any money , I have doubts on its mgt expertise.

Posted by tws6131 > 2016-09-22 22:36 | Report Abuse

Try to have a longer living life than the mgt !

Posted by Noni > 2016-09-23 12:03 | Report Abuse

Meantime, the mgt is drawing salary, bonus, company cars, benefits etc.

Posted by SUPERDADDY > 2016-10-12 16:35 | Report Abuse

More volume compared to average. Hope its a good sign. Cheers!!!

Posted by SUPERDADDY > 2016-11-02 12:16 | Report Abuse

Hope to see some uptrend soon. Hibernating a bit too long below RM5.. Cheers!!!

Posted by SUPERDADDY > 2016-11-10 10:41 | Report Abuse

Buyer and seller far apart. Dunno why? Cheers!!!

Posted by prudentinvestor > 2016-11-10 14:43 | Report Abuse

This company has benefitted enormously from the falling Ringgit. It has RM 700 million stashed in US and Singapore currencies.

Posted by SUPERDADDY > 2016-11-16 16:22 | Report Abuse

Hope for the best. Cheers!!!

Posted by zexon > 2016-11-29 19:34 | Report Abuse

Sleeping beauty with 1 bill cash on hand..too bad if it is just keep in others' pockets

Posted by prudentinvestor > 2016-11-29 21:41 | Report Abuse

Total foreign exchange gain since 30/09/2016 is now about RM 40 million if the company has not disposed of its foreign currency holdings.

Posted by win_win > 2016-12-21 15:46 | Report Abuse

kseng use to be a very good stock in my portfolio, but the management are too weak...

Posted by thteh > 2016-12-21 15:51 | Report Abuse

been slowly disposing my KSeng. Hopeless management. Even if you hold for 10 years your return is no better than putting money in the bank. That's my experience. Waiting to clear my last batch. Wasted opportunity cost.

Posted by Diamond7 > 2016-12-21 18:56 | Report Abuse

If give bonus, share split n warrants .....all will be laughing to the bank.
Mr Director, we are still waiting..........
Will be happy with JUST A SPECIAL DIVIDEND!!!

Posted by prudentinvestor > 2016-12-22 10:06 | Report Abuse

Keck Seng's small investors are behaving as though its directors would make Keck Seng's RM 1.1 billion cash disappear overnight.

Posted by cefiro22 > 2016-12-23 12:42 | Report Abuse

It is really unfair to make judgements and thoughts on the Directors of Keck Seng, which is an honestly managed Company all be it too conservative and not generous paymasters. The money and assets are there which they "cannot run away with" and eventually have to be distributed to the shareholders (privatisation aside). It was listed in Bursa Malaysia way back before the 1980s and was traded even below it's par value!

http://kassimsthoughts.blogspot.my/2015/10/keck-seng-next-decade.html