Posted by fourM > 2018-09-04 23:23 | Report Abuse

Don't be too early to exciting, or else you will be disappointing soon. If you are Kseng follower, you should know that you are owning a share that worth RM20 but price at RM4+ now only. And please wait ........wait ........and wait only

If you are not Kseng follower, then you should exciting now, as you still have chance to pay only Rm4+ to own a share worth RM20. And then join Kseng current follower to wait together...... Wait for durian drop

Posted by hhtyms > 2018-09-12 16:18 | Report Abuse

The proposed 3rd link of Johor/Singapore passes through the plantation land of KSM and once approved, will enhanced the NTA of this company. BOD of this company noted and action taken???

Posted by Lim Tek Wai > 2018-09-14 11:24 | Report Abuse

Never regret for buying this stock, profit is real

Posted by fourM > 2018-09-15 09:47 | Report Abuse

Ya profit is real, as all turned to cash as shown on Balance Sheet for display purposes only.....

Posted by SUPERDADDY > 2018-09-26 12:45 | Report Abuse

HOPE IT WILL CONTINUE TO CLIMB IN THE NEXT FEW SESSIONS.CHEERS!!!

Posted by fourM > 2018-09-27 16:10 | Report Abuse

aiyo....don't put too much hope...after so many years, always just like a wave only, disappear very fast

Posted by SUPERDADDY > 2018-09-27 18:26 | Report Abuse

Noted that the Ho family purchased some shares the last couple of days. Can anyone clarify or familiar with company takeover law whether in determining the 33% threshold for voting shares for mandatory offer, does that include both direct and indirect shareholdings. Jz curious.. Cheers!!!

Posted by SUPERDADDY > 2018-10-02 12:12 | Report Abuse

Kseng! Go!Go!Go!

Posted by prudentinvestor > 2018-10-02 12:42 | Report Abuse

Keck Seng's audited NTA was RM 6.64 as at end of last year, its actual NTA should be at least 2.5 to 3 times higher. It has cash and short term investments amounting to over RM 930 million as at 30/06/18 and only 154.4 million shares are in public hands ( not held by directors, their associates and those holding over 5% of KS shares). KS directors and co. can actually buy all these 154.4 million shares at RM 6 a piece using its cash and the whole company will become theirs.

Posted by SUPERDADDY > 2018-10-02 14:54 | Report Abuse

Great review. Have been neglected for too many years already. Cheers!!!

Posted by SUPERDADDY > 2018-10-03 14:41 | Report Abuse

Some interested buyers queing up at Rm4.22. Hope its real consistent buyback.Cheers!!!

Posted by prudentinvestor > 2018-10-03 14:48 | Report Abuse

The buyers are likely to be Keck Seng directors.

Posted by Invest_Sensibly > 2018-10-03 14:49 | Report Abuse

directors buying!

Posted by SUPERDADDY > 2018-10-03 17:32 | Report Abuse

Hopes its directors accumulation prior to privatization.Cheers!!!

Posted by fourM > 2018-10-04 09:13 | Report Abuse

is privatization good for minority shareholders?

Posted by SUPERDADDY > 2018-10-04 10:34 | Report Abuse

Any news of privatization will definitely spur stock prices to greater heights. Cheers!!!

Posted by SUPERDADDY > 2018-10-05 15:24 | Report Abuse

A bit of support noted at RM4.20 level. Cheers!!!

Posted by SUPERDADDY > 2018-10-05 18:24 | Report Abuse

Confirmed, continuous buying by directors as per announcement today. Cheers!!!

Posted by prudentinvestor > 2018-10-08 09:21 | Report Abuse

Keck Seng touched a high of RM 7.97 in 2014, it has been on a down trend since then. At 4.24, it is still almost 50% lower than its peak and only around 10% higher than its recent low. Still long way to move up.

Posted by SUPERDADDY > 2018-10-08 09:57 | Report Abuse

Continuous buying but at a slower pace. A right strategy for accumulation by major shareholders. A right direction as its eligible for dividend payout too! Cheers!!!

Posted by SUPERDADDY > 2018-10-08 14:44 | Report Abuse

VROOM!!! After lunch, hope its not so fast or it may reverse anytime soon. Cheers!!!

Posted by SUPERDADDY > 2018-10-08 14:53 | Report Abuse

Market free float reduced further. Demand will be higher. Cheers!!!

Posted by prudentinvestor > 2018-10-17 12:08 | Report Abuse

I think Keck Seng's directors will likely follow in the footsteps of Daiman's directors and take Keck Seng private. Just be patient, your patience may pay off handsomely.

Posted by SUPERDADDY > 2018-10-17 13:10 | Report Abuse

Holding on firmly in he last 3 weeks. Never seen before such a support in the last 2 to 3 years. Hopefully something great will materialise soon.Cheers!!!

Posted by fourM > 2018-10-18 10:34 | Report Abuse

No selling force at all, it is too easy to support at current level.

Posted by SUPERDADDY > 2018-10-23 14:39 | Report Abuse

Bursa down 20 points but Kseng quite resilient holding on at current level. Hope for more positive moves in near terms.Cheers!!!

Posted by SUPERDADDY > 2018-10-25 10:31 | Report Abuse

Watchout Kseng! Not much seller. Road all clear for further upside. Cheers!!!

Posted by SUPERDADDY > 2018-10-25 10:58 | Report Abuse

Directors seems trying to buy out as much shares as possible at current level to avoid paying a hefty sum in case of any future buyout to take it private. Cheers!!!

Posted by hhtyms > 2018-10-26 12:04 | Report Abuse

After Daiman, here comes Selangor Prop. Keck Seng will follow suit, at how much?

Posted by hhtyms > 2018-10-26 12:08 | Report Abuse

Haha||| RM6 for assets worth more than RM20.00?

Posted by SUPERDADDY > 2018-10-26 12:27 | Report Abuse

Yeah, even if they offered RM6.00 many may still refuse to sell in view of its valuable landbanks. Price will definitely pushed up sky high. Cheers!!!

Posted by fourM > 2018-10-27 16:20 | Report Abuse

@hhtyms: yes RM20.00

Posted by trulyinvest > 2018-10-27 17:02 | Report Abuse

Dun dream la. No privitisation.

Posted by SUPERDADDY > 2018-10-30 08:14 | Report Abuse

Definitely will. Jz the timing unconfirmed.

Posted by fourM > 2018-10-31 17:14 | Report Abuse

continue buying now will do...

Posted by fourM > 2018-11-05 16:14 | Report Abuse

why got big lot Q for sale?

Posted by hhtyms > 2018-12-03 00:02 | Report Abuse

Proposed 3rd bridge from Pasir Gudang, Johor to Singapore. What it means to Keck Seng (M Bhd? Request Board of Directors to revalue those parcels of land at that area.

Posted by SUPERDADDY > 2018-12-12 12:20 | Report Abuse

HOLDING ON FIRMLY IN SUCH A DULL MARKET.CHEERS!!!

Posted by prudentinvestor > 2018-12-12 16:08 | Report Abuse

The day when Keck Seng is taken private by its directors is drawing closer and closer. Just be patient and hold back from selling your ks shares.

Posted by SUPERDADDY > 2018-12-12 16:27 | Report Abuse

Holding steadily. Hope it can sustain.Cheers!!!

Posted by SUPERDADDY > 2018-12-13 11:26 | Report Abuse

Continuous share buyback going on. Hope it can be privatised at the higher end. Kseng, Go! Go! Go! Cheers!!!

Posted by cefiro22 > 2018-12-15 07:59 | Report Abuse

https://www.businesstimes.com.sg/companies-markets/wing-tai-holdings-launches-s94m-takeover-bid-for-malaysian-listed-counterpart

If so...May Keck Seng be more fair and generous than Wing Tai Holdings.

Posted by Flintstones > 2018-12-15 08:07 | Report Abuse

Value trap. Dont tell me about NTA. Sell

Posted by prudentinvestor > 2018-12-17 10:37 | Report Abuse

Keck Seng's cash and available for sale investments are already worth RM 4 a share. Selling Keck Snng at this level is akin to selling a RM 1 million house for RM 0.25 million.

Posted by SUPERDADDY > 2018-12-17 16:57 | Report Abuse

Well supported at current level. All sellers well absorbed by buyers. Hope it will be a merrier Xmas party for Kseng this rouind. Cheers !!!

Posted by SUPERDADDY > 2018-12-20 15:17 | Report Abuse

Feeling so good. Kseng staying on firmly abv RM4.10 even though stock market having such a tough run.

Posted by k3nthiew > 2019-01-07 09:36 | Report Abuse

https://www.thestar.com.my/news/nation/2019/01/07/pasir-gudang-to-be-upgraded-to-city-status-says-mb/

Lands become more valuable now

Posted by fourM > 2019-01-07 12:41 | Report Abuse

United Malacca Bhd proposed sales of plantation located at Alor Gajah, Jasin, Tampin, & Rembau at total 1021.06 hectares at consideration of RM 175,145,285 or RM 171,532.80 per hectare.

Keck Seng have one 2485 hectares (combined freehold & leasehold) located at Bukit Chantek, Tong Hing & Tanjong Langsat Estate (10 km east of Ulu Tiram and 30 km from Johor Bahru) recording at book value of RM 25,370,000.00 or RM 10,209.25 per hectare since 1980

and another lot of 820 hectares (freehold) located at 10 km east of Ulu Tiram and 31 km from Johor Bahru recording at book value of RM 14,567,000.00 or RM 17,764.63 per hectare since 1980

if we take 20% discount from United Malacca Bhd proposed consideration, just these 2 lot of plantation easily under value by 400 million

Posted by stockraider > 2019-01-07 12:50 | Report Abuse

Why sell as an estate leh ??

If want to sell better sell as a land for development property at rm 8 psf already fetch rm 860 million mah...!!

Posted by SUPERDADDY > 2019-01-07 13:18 | Report Abuse

SIFU STOCKRAIDER, HAPPY TO SEE YOU HERE AFTER QUITE SOMETIME. HAPPY NEW YEAR 2019 AND HOPE 2019 WILL BE A BOUNTIFUL YEAR FOR ALL AFTER SUCH A TOUGH RIDE EARLIER. CHEERS!!!