Posted by prudentinvestor > 2017-11-30 12:47 | Report Abuse

If Keck Seng's directors continue to do nothing to negate the bad effects of a rising Ringgit which causes it to suffer huge foreign exchange losses, small investors should attend its AGM next year in droves and clamour for their resignation.

Posted by cefiro22 > 2017-12-02 09:10 | Report Abuse

http://www.mswg.org.my/....would they be able to help with a "stronger" voice? No...not to clamour for their resignation..impossible!..Press them with the policy to set aside 50% of their annual profits for dividends, instead of hoarding cash and more cash, which if not made to good use for growth is poor and inefficient management.

Posted by cefiro22 > 2017-12-02 09:12 | Report Abuse

sorry..correction ..the site is http://www.mswg.org.my/

Posted by tt101 > 2017-12-20 08:32 | Report Abuse

Ah Seng just like a piece of gold brick.
It is valuable but too costly to hold it and no much return except self feeling proud on it.

Posted by Diamond7 > 2017-12-24 13:25 | Report Abuse

There is share buybacks. M very confident that the directors will reward all the loyal shareholders. will continue to wait patiently!

Posted by chkhooju > 2017-12-24 17:18 | Report Abuse

Have not touched this counter for umpteen months.. Will move in when the price is right.

Posted by cefiro22 > 2017-12-27 20:26 | Report Abuse

If Company has started to buy back it's shares as it has now for a number of days, I prefer to act a little now rather than wait. Best of luck!

Posted by SUPERDADDY > 2017-12-28 16:59 | Report Abuse

Price more presentable now. Cheers!!!

Posted by Diamond7 > 2017-12-28 17:42 | Report Abuse

Good! Let's wait patiently till it doubles!!!

Posted by cefiro22 > 2017-12-28 20:00 | Report Abuse

Hope that today's price surge is real and not just a year-end "window-dressing".

Posted by fourM > 2017-12-28 22:10 | Report Abuse

Company share buy back today at 4.59 - 4.60 for 30000 shares, total volume trade today is 36500 shares

Posted by leslieroycarter > 2017-12-29 09:41 | Report Abuse

Forget about the idea of company to reward the minority shareholders .....it is a day dreaming ....?

Posted by Diamond7 > 2017-12-30 16:34 | Report Abuse

Excellent! Buybacks 36500....!!! Hope they will announce bonus, n share splits soon

Posted by leslieroycarter > 2017-12-31 15:26 | Report Abuse

Look like Keck Seng titanic ship is sinking earlier than expected .......

Posted by prudentinvestor > 2018-01-02 23:15 | Report Abuse

Ringgit is rising every day. Keck Seng is sinking deeper and deeper.

Posted by cefiro22 > 2018-01-03 12:20 | Report Abuse

just like a submarine lurking in the deep, waiting to re-surface at the opportune time that no one knows when, hopefully that 4.56 on 21-12-17 would be its lowest.

Posted by prudentinvestor > 2018-01-03 17:16 | Report Abuse

Keck Seng's total foreign exchange losses for 2017 was almost RM 58 million, assuming the company didn't do anything to negate the effects of the rising Ringgit.

Posted by tt101 > 2018-01-05 11:16 | Report Abuse

The Company should buy more back from the market instead of keep cash in bank.

Posted by prudentinvestor > 2018-01-05 12:03 | Report Abuse

Another RM 58 million foreign exchange loss again this year if the Ringgit rises to 1 US$ = RM 3.60.

Posted by Diamond7 > 2018-01-08 13:23 | Report Abuse

No worries! KSeng still rich enough to give bonus one day! Landmarks will revalue!

Posted by prudentinvestor > 2018-01-10 09:05 | Report Abuse

Every counter is moving up except Keck Seng. It must be very frustrating for Keck Seng's small investors.

Posted by tt101 > 2018-01-11 10:38 | Report Abuse

bought more Kseng shares...

Posted by leslieroycarter > 2018-01-12 11:04 | Report Abuse

Keck Seng may drop to RM 2 at the rate of foreign losses yearly....it is just bleeding profusely.

Posted by leslieroycarter > 2018-01-12 11:06 | Report Abuse

Buy Haio....better , good div n growth counter for long term investors.

Posted by tt101 > 2018-01-12 12:37 | Report Abuse

bought more Kseng shares...

Posted by tt101 > 2018-01-12 16:15 | Report Abuse

shuishui

Posted by cefiro22 > 2018-01-12 18:30 | Report Abuse

....first surge today 12/01/2018 to a high of 4.98, closing with gain of 19 sen, at 4.89...looks promising

Posted by Diamond7 > 2018-01-14 18:05 | Report Abuse

Yes...highly undervalue!
Think will be like Kuchai, Kluang n SBagan........

Posted by leslieroycarter > 2018-01-15 08:03 | Report Abuse

Volume too small to say it is in an upward momentum .

Posted by leslieroycarter > 2018-01-15 08:06 | Report Abuse

Buying.... in Jun 2017....

DATO' HO CHENG CHONG @ HO KIAN HOCK 20-Jun-2017 Acquired 11,000,000 0.000 View Detail
MR HO KIM SWEE @ HO KIAN GUAN 20-Jun-2017 Acquired 11,000,000 0.000 View Detail
OCEAN INC 20-Jun-2017 Notice of Interest 11,000,000 0.000 View Detail

Posted by leslieroycarter > 2018-01-15 08:09 | Report Abuse

Market Cap: 1,768 Million
Latest Audited Result: 31-Dec-2016
Latest Quarter: 30-Sep-2017 [#3]
Annual (Unaudited) ( EPS: 31.23, P/E: 15.66 )
T4Q Result ( EPS: 21.50, P/E: 22.74 )
Annualized Result ( EPS: 0.83, P/E: 592.63 )

PE for Keck Seng is Astronomical 592.63 ????????????????
EPS 0.83c only!

Posted by cefiro22 > 2018-01-16 21:26 | Report Abuse

T4Q P/E | EY: 22.28 http://klse.i3investor.com/servlets/stk/3476.jsp

Posted by Diamond7 > 2018-01-17 07:36 | Report Abuse

Let's wait patiently! One day, this gem will limit up like Kuchai!

Posted by watchdog88 > 2018-01-18 13:32 | Report Abuse

somebody try to suppress the share price. keep selling at lower price ?

Posted by watchdog88 > 2018-01-18 13:33 | Report Abuse

major shareholders go for privatisation ?

Posted by leslieroycarter > 2018-01-19 11:50 | Report Abuse

Look likely for privatization coz they can utilize all their reserves to buy back the shares they did not own since the stock price already fully suppressed.

Posted by leslieroycarter > 2018-01-19 13:03 | Report Abuse

No way like kucai

Posted by watchdog88 > 2018-01-19 13:15 | Report Abuse

Bursa allows this trick to bullying minority shareholders ?

Posted by watchdog88 > 2018-01-19 13:16 | Report Abuse

What can be done to stop this ?

Posted by Mohd Fahmi Bin Jaes > 2018-01-19 13:18 | Report Abuse

Nothing

Posted by watchdog88 > 2018-01-19 13:30 | Report Abuse

its deeply undervalued, why nobody interested ?

Posted by leslieroycarter > 2018-01-19 22:45 | Report Abuse

Mind u , the royal investors of Keck Seng had hold on to the stock more than 20 years ago, until now nothing happen . Worst still, all gain from disposal of assets were kept under co name n minority shareholders got nothing . Even dividend rebates more than 400 mi just let it lapsed like that n all given back to LHDN without considering the fate of minority shareholders. So , how good the co will be ?

Posted by watchdog88 > 2018-01-20 11:58 | Report Abuse

Read the Edge today. It talks about privatisation. Looks like undervalue shares are subject to fear of privatisation at cheap price to fatten the Majority shareholders. K Seng look like one, keep cash in Co. without rewarding minority s/holders in dividend. Very unethical Board of Directors. Problem of family owned Co., they treat it as their own with no regard to Minority. Something must be done to prevent this fat cats from helping themselves.

Posted by watchdog88 > 2018-01-20 12:15 | Report Abuse

All Minority should be united and try to keep the share price at its true/intrinsic value to prevent Majority from buying it cheap. Recent market trend seems like price is being suppressed, someone always sell at lower price. At this price level, the Majority can privatise and pocket the Co. for free. So, royal Minority with low holding cost should buy up all the "cheap shares" sold purposely.
Minority Unite ! Otherwise, "buy low and sell high" no longer hold true. "Long term investment" is just a joke.

Posted by watchdog88 > 2018-01-20 12:20 | Report Abuse

They hold AGM at JB. Who would attend ? I attended once and all those present are mostly their own people, hardly any other shareholders. So there are hardly any "check and balance" or any questioning.

Posted by watchdog88 > 2018-01-20 12:22 | Report Abuse

Diamond7, dream on !

Posted by SUPERDADDY > 2018-01-22 12:40 | Report Abuse

Hope for the best for this super gem. Cheers!!!

Posted by Diamond7 > 2018-01-22 13:08 | Report Abuse

I have great faith the directors will soon reward the shareholders!

Posted by prudentinvestor > 2018-01-22 16:15 | Report Abuse

The launch of a UTC and the proposed construction of an independent Chinese High School should benefit developers there, including Keck Seng.

Posted by leslieroycarter > 2018-01-26 11:05 | Report Abuse

Keck send is more like a dream stock ...nothing materialize...in the end ! It is up a day but will fall back to its original a few days later n vpback to square one.