Posted by cefiro22 > 2017-02-27 17:19 | Report Abuse

Directors of Keck Seng, if they want to, can take the lead from Sime Darby...> http://www.thestar.com.my/business/business-news/2017/02/27/sime-darby-provides-more-details-of-restrucuturing/

For the moment, it will just be expectation of Year-End results, any time out soon.

Posted by prudentinvestor > 2017-02-27 19:35 | Report Abuse

This group of conservative directors will only reveal as much as required under the law.

Posted by SUPERDADDY > 2017-03-01 10:07 | Report Abuse

Commendable net profit of RM75 mio for the quarter ending 31/12/2016. Cheers!!!

Posted by leslieroycarter > 2017-03-02 12:05 | Report Abuse

the longer u hold this stock , the more u r going to loose....there r many who hold for many years , this is the way to go...

Posted by Diamond7 > 2017-03-02 16:05 | Report Abuse

This is XO.....the longer to hold the better
Hope it will soon be pregnant n have babies....

Posted by Diamond7 > 2017-03-06 21:22 | Report Abuse

Vow.....volume up..up...up...!!!
Who is accumulating?

Posted by SUPERDADDY > 2017-03-09 16:48 | Report Abuse

A bit curious about Kseng trading today. Someone buying 4x100 small lots each in a many small transactions. Dont know they are supporting or accumulating. Anyway, its well supported in the current weak mart. Cheers!!!

Posted by cefiro22 > 2017-03-14 09:54 | Report Abuse

that "someone" looks like the "same one" who is slowly collecting over the last few days = same pattern... to keep the price from appreciating, so "hard-up" sellers will have no choice but to sell at this price = smart operator! Sure the price will appreciate from current levels as this stock is without doubt very much under-valued!

my wish >> if only Keck Seng will "restructure" their business for the benefit of the Company and their shareholders.

Posted by prudentinvestor > 2017-03-20 17:48 | Report Abuse

Two weeks to announcement of final dividend. Be patient and hope for the best.

Posted by Diamond7 > 2017-03-21 16:30 | Report Abuse

Mini bull run!!!
Foreign buying.....
Hope they give special dividend n bonus!!!

Posted by SUPERDADDY > 2017-03-21 16:42 | Report Abuse

Hope all the firm believer in this gem shall be amply rewarded soon. Cheers!!!

Posted by Diamond7 > 2017-03-21 16:49 | Report Abuse

Rumours of bonus!!!! True?
Hope for the best!!!!

Posted by prudentinvestor > 2017-03-21 16:54 | Report Abuse

Likely to move up further tomorrow.

Posted by SUPERDADDY > 2017-03-21 17:03 | Report Abuse

Nice closing. More to come tomorrow jz like what prudent said, Cheers!!!

Posted by prudentinvestor > 2017-03-21 17:22 | Report Abuse

Since touching a high of 7.97 more than 4 years ago, Keck Seng has been in continuous downtrend.

Posted by Diamond7 > 2017-03-22 14:50 | Report Abuse

Steady!!! RM5.15 already....waiting for news
Bonus....or special dividend!!!

Posted by SUPERDADDY > 2017-03-22 17:03 | Report Abuse

Bro Diamond so confident. Hope his wishes will be materialized soon. Cheers!!!

Posted by Diamond7 > 2017-03-23 17:08 | Report Abuse

Superdaddy.....we are happy n positive people.
All dreams and wishes will come true with time......
Tomorrow will always be a better day!!!

Posted by fourM > 2017-03-23 21:13 | Report Abuse

Cheer .......superdaddy & diamond7

Posted by SUPERDADDY > 2017-03-24 11:23 | Report Abuse

Yeah, however tough and challenging the environment now, we need to stay positive to steer ahead. Cheers to all forummers!!!

Posted by cefiro22 > 2017-03-27 08:13 | Report Abuse

http://www.thestar.com.my/news/nation/2017/03/26/expert-time-ripe-to-invest-back-into-malaysia/

Keck Seng a laggard...and will follow, waiting for it's turn.

Posted by mikee > 2017-03-27 08:14 | Report Abuse

one have to imagined that this USD$50 billion or at least initial $10 billion from all e-trades permits approvals generate from DFTZ/Alibaba when start in 2018 or early 2019 is COMPULSORY/MUST pass tru DNEX (4456) e-services software platform tat currently been authorized by Gov to integrates with most gov agencies to get each items/goods pass on from shippers to consumers.
Just 1 segment from IT can rake up 1000% folds profits, haven't count others segments like O&G, Hydro Energy, Foreign Workers Permit, VEP and RFID profits.

go and read mind boggling good revelation about DNEX (4456) from Cruz......
https://klse.i3investor.com/blogs/kianweiaritcles/119083.jsp

Posted by leslieroycarter > 2017-03-31 12:37 | Report Abuse

keck sim counter....coz they can forgo 400mi yrs ago not claimed fr inland revenue which is due for minority shareholders?

Posted by sctan > 2017-03-31 12:40 | Report Abuse

Keck seng not the only one, HLFG also same.

Posted by Diamond7 > 2017-04-01 09:22 | Report Abuse

ONe day sure up...up...up....
Just wait......
Plenty of cash......

Posted by limayseng > 2017-04-02 12:19 | Report Abuse

Lost monies in futures.....at a time when plantations r making....I lost words..

Posted by prudentinvestor > 2017-04-04 16:31 | Report Abuse

Very unlikely that Keck Seng's ultra conservative directors will declare a final dividend of over 6 sen a share.

Posted by SUPERDADDY > 2017-04-04 16:39 | Report Abuse

Any dividend at 6cts or above shall be a commendable one. Whatever extra are bonus for us. Cheers!!!

Posted by leslieroycarter > 2017-04-06 16:33 | Report Abuse

No div ,no bonus , no capital gain...this is kek sim counter!

Posted by prudentinvestor > 2017-04-06 17:54 | Report Abuse

6 sen per share final dividend again and you will be getting your money more than 2 weeks late this year!

Posted by Diamond7 > 2017-04-06 18:27 | Report Abuse

Huh....only 6 cents
Hope they give us more news tmoro!!!

Posted by SUPERDADDY > 2017-04-07 10:19 | Report Abuse

No worry. At least they didn't reduce the amount. Still hoping for the best. Cheers!!!

Posted by cefiro22 > 2017-04-07 11:31 | Report Abuse

If I hope and hope for the best, I will end up with frustration, so it is best not to hope when one buys at current basement prices of 5.10, cum that 6% dividend, it as a "bargain" !

Posted by prudentinvestor > 2017-04-07 12:49 | Report Abuse

Keep Keck Seng for 5 years, 10 years or even 20 years, for as long as you need to. JB's population is increasing rapidly and land, which is scarce and valuable in JB is needed for housing. Of course don't put all your eggs in one basket, may be 10 to 20% of your portfolio.

Posted by prudentinvestor > 2017-04-11 10:28 | Report Abuse

Can't understand why some small investors are selling Keck Seng shares at this level. Selling Keck Seng now is akin to selling your house, valued at over RM 1 million for only RM 300k.

Posted by cefiro22 > 2017-04-12 16:23 | Report Abuse

If that be the case, why none of the directors or the Company buy back the shares at these depressed discounted prices. Brem directors kept buying back their shares for months at 80 sen up. Look at it's price now. This question is best raised at the forthcoming AGM.

Posted by leslieroycarter > 2017-04-26 15:44 | Report Abuse

The more u look the more kek sim u become.....u will b surprised that minority shareholders got nothing in the end even if Keck Seng found diamond , u have no share.

Posted by cefiro22 > 2017-04-27 10:21 | Report Abuse

Diamond??...not even if it found gold! It is about time Keck Seng set aside at least half the profit made yearly for dividend payout as it has already accumulated a bumper cash hoard. Please tell that to the BOD at the forthcoming AGM.
Thanks.

Posted by tt101 > 2017-04-30 14:36 | Report Abuse

This Ah Seng is super cute. Every year ask to renew the shareholders' mandate for share buy-back. But each year dun know how to make it happen. Perhaps the board and the management is too comfort with their current level. Keep solid cash is much safe to them instead of making new venture. This is also a way to protect their own interest but not a good solution for a long run. Silent and stay will result you not making any wrong decision. However, Stay at the same position all the time will make you backward as all others are move ahead in the same time.

Posted by leslieroycarter > 2017-05-02 15:08 | Report Abuse

I beg to agree that this Kek sim counter always make the same resolutions year after year without fail. Share buy back at 10% from internal funds ..... payment to directors fees n emoluments....reappoint the same old n useless directors n so forth. All were accomplished except share buy back ? I m wondering what is the use of that share buy back when nothing happened year after year. May b when the share dropped to par value only then action will b taken.

Posted by prudentinvestor > 2017-05-02 22:05 | Report Abuse

As of 31 March 2016, 154,323,748 Keck Seng shares were in the hands of public shareholders. At today's closing price of RM 5, the company only needs less than RM 775 million to buy up all the shares not held by directors, major shareholders and their associates.

Posted by leslieroycarter > 2017-05-12 13:12 | Report Abuse

Wow , drop again....

Posted by fourM > 2017-05-15 22:51 | Report Abuse

From the annual report 2016, some of the major shareholder has increase they share as compare to annual report 2015

Posted by prudentinvestor > 2017-05-25 16:28 | Report Abuse

Many companies would gain from the rising Ringgit but not Keck Seng. I don't think its management was smart enough to dispose of some of its US$ and Sing$ holdings earlier this year.

Posted by SUPERDADDY > 2017-05-30 16:37 | Report Abuse

Hope another set of great Q1 results soon. Cheers!!!

Posted by tt101 > 2017-05-30 17:41 | Report Abuse

Result koyak again

Posted by prudentinvestor > 2017-05-30 17:44 | Report Abuse

Rubbish accounting. NTA increases by 17 sen this quarter and value of its investment in shares increased by 70 million. Yet it could report a loss for this quarter.

Posted by SUPERDADDY > 2017-05-30 18:09 | Report Abuse

Sadly a small loss for Q1. Besides the NTA , the share capital increased by RM10.528 mio. Any idea?? Cheers!!!

Posted by prudentinvestor > 2017-05-30 18:24 | Report Abuse

Result not koyak. Its net gain on available for sale financial assets (shares) totalled almost 70 million this quarter and this amount has not been included in the profit and loss account. I suppose such gains only need to be included in the final results.

Posted by tt101 > 2017-05-31 09:10 | Report Abuse

Just see the manufacturing, Hotel & Resort operating result, both are making loss......

Manufacturing almost 10% loss from the total revenue or interpreted as subsidize each output for 10%.

The manufacturing revenue has increase from 148,711K(1Q2016) to 222,560K (1Q2017). In spite of the 1.5 x increment in the sales, it does not make any contribution but making more worse in the GP. Either it is generated from big discount selling price or using more expensive cost to produce their products. The performance of mfg is in uncomfortable level.

This two sectors are KSeng's main core biz.......but making loss

As for 70m on net gain / (loss) on available-for-sale financial assets, it is unrealized gain or loss.
As long as not yet dispose the thing, this is consider an uncertain figure. If the market is in reverse trend, it is bad to the Group. Our currency is trending strong now, KSeng with huge foreign currency and investment may get hurt in coming qtr.

If this is not a koyak result, than what situation only can we say it is koyak?