KECK SENG (M) BHD

KLSE (MYR): KSENG (3476)

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Last Price

5.90

Today's Change

-0.02 (0.34%)

Day's Change

5.90 - 5.91

Trading Volume

2,800


8 people like this.

3,452 comment(s). Last comment by prudentinvestor 22 hours ago

eht6769

711 posts

Posted by eht6769 > 2013-07-19 12:17 | Report Abuse

up up

Lim AS

275 posts

Posted by Lim AS > 2013-07-19 22:24 | Report Abuse

GOOD LUCK 2 U ALL

eht6769

711 posts

Posted by eht6769 > 2013-07-23 10:46 | Report Abuse

keck seng , will coming out soon

eht6769

711 posts

Posted by eht6769 > 2013-07-24 17:32 | Report Abuse

Prior to the year of assessment 2008, Malaysian companies adopted the full imputation system. In accordance with the Finance
Act 2007 which was gazetted on 28 December 2007, companies shall not be entitled to deduct tax on dividend paid, credited
or distributed to its shareholders, and such dividends will be exempted from tax in the hands of the shareholders ("single
tier system"). However, there is a transitional period of 6 years, expiring on 31 December 2013, to allow companies to pay
franked dividends to their shareholders under limited circumstances. Companies also have an irrevocable option to disregard
the 108 balance and opt to pay dividends under the single tier system. The change in the tax legislation also provides for the
108 balance to be locked in as at 31 December 2007 in accordance with Section 39 of the Finance Act 2007.
The Company did not elect for the irrevocable option to disregard the 108 balance. Accordingly, during the transitional period,
the Company may utilise the credit in the 108 balance as at 31 December 2012 and 2011 to distribute cash dividend payments
to ordinary shareholdings as defined under the Finance Act 2007. As at 31 December 2012, the Company has sufficient
tax exempt balances and 108 balance of the Income Tax Act, 1967 to pay franked dividends amounting to RM330,277,000
(2011 : RM357,293,000) out of its retained earnings. If the balance of the retained earnings of RM616,475,000 (2011
: RM547,693,000) were to be distributed as dividends, the Company may distribute such dividends under the single tier
system.

eht6769

711 posts

Posted by eht6769 > 2013-07-24 17:32 | Report Abuse

extract from Annual Report by years 2012

nightrader

140 posts

Posted by nightrader > 2013-07-25 20:30 | Report Abuse

have been waiting for this dividend since last year...still waiting :(

eht6769

711 posts

Posted by eht6769 > 2013-07-26 08:10 | Report Abuse

coming month ...........good news

Posted by prudentinvestor > 2013-07-26 09:41 | Report Abuse

I hope Keck Seng's directors are smart enough to give the money to its shareholders rather than the Inland Revenue Department Malaysia.

eht6769

711 posts

Posted by eht6769 > 2013-07-26 11:04 | Report Abuse

moving ....

eht6769

711 posts

Posted by eht6769 > 2013-07-26 11:10 | Report Abuse

good news coming out soon......haha....rocket like Tong Nam, & orient

Posted by prudentinvestor > 2013-07-26 11:50 | Report Abuse

If Keck Seng directors are rewarding the right people, then Keck Seng shares should go up, like a rocket.

eht6769

711 posts

Posted by eht6769 > 2013-07-26 11:59 | Report Abuse

Good luck to all shareholder for keck seng...dream will coming

eht6769

711 posts

Posted by eht6769 > 2013-07-26 12:00 | Report Abuse

volume today is active.......will see the sunrise

eht6769

711 posts

Posted by eht6769 > 2013-07-29 09:42 | Report Abuse

kseng spring has coming soon

Posted by prudentinvestor > 2013-07-30 16:42 | Report Abuse

There is hardy any retail interest. The price is being manipulated.

eht6769

711 posts

Posted by eht6769 > 2013-07-30 17:51 | Report Abuse

study the finance & cash flow..the share price should multi x for current

Posted by prudentinvestor > 2013-07-30 22:31 | Report Abuse

Many people know that Keck Seng is a cash and asset rich company. It has over RM 800 million in cash and its share investments in listed companies are worth over RM 500 million. Its flagship building, the Menara Keck Seng has a book value of only RM 55 million. You can't get this building for less than RM 150 million even in a fire sale. Its other building, a high end condominium block at Bukit Ceylon, KL has a book value of RM 53 million or RM 244 per sq ft. Over 8,000 acres of its plantation land near to the Pasir Gudang Industrial Estate have a book value of between RM 4,200 to RM 7,400 per acre. Even land in rural areas can fetch over RM 100,000 per acre now. But what can you do? Can you point a gun at the Directors and forced them to re-value its assets or take out a few hundred million to pay as dividend? So just wait lah.

nightrader

140 posts

Posted by nightrader > 2013-07-31 07:56 | Report Abuse

waiting for durian to fall..:(

Lim AS

275 posts

Posted by Lim AS > 2013-07-31 16:01 | Report Abuse

only in paper , practically it is not advisable to implement it ( pay out dividend in one lump sum under single tier system) given the reluctance expressed by the MD n management . They prefer to drawing out year by year when time to fix their own remunerations after passing of each AGM . This is perfectly right since they are controlling the co unless and until they were forced to do so by hostile take over or merger. whatever assets owned cannot be translated into cash or in share prices given the mental blocks existed right in front of our eyes. Sorry if i may be wrong. Good luck to all the hopefuls.

eht6769

711 posts

Posted by eht6769 > 2013-07-31 23:03 | Report Abuse

Total 40%above hold by Ho's famialy members. They wont let 345m be going burn out. Year end is magic show for kseng. Let every shareholder has year end cny bonus

Posted by prudentinvestor > 2013-08-01 09:48 | Report Abuse

The Ho family members are all Singaporeans. Singapore'a tax rate is much lower than Malaysia. I wonder how Singaporeans can claim back their tax refund should Keck Seng decide to pay a special dividend. Here if you are retired and have no income, you can claim back the 25% tax which has been deducted in full, unless of course you dividend income amounts to tens of thousands.

mk88

986 posts

Posted by mk88 > 2013-08-01 10:49 | Report Abuse

.

eht6769

711 posts

Posted by eht6769 > 2013-08-02 11:51 | Report Abuse

Dont worry, we have some company in KLSE has done before credit TAX refund to shareholders, Even like those GLC company oso happens

eht6769

711 posts

Posted by eht6769 > 2013-08-02 16:24 | Report Abuse

Dont forget Kseng is list in KLSE..not SGX...so the rules and regulation has count in malaysia

Posted by prudentinvestor > 2013-08-02 23:27 | Report Abuse

You seem to be very optimistic of a special dividend payment but the company is under no obligation to do this. Of course if the company fails to declare a special dividend, its directors would be bombarded during the AGM next year.After disposing of Parkway Holdings shares more than 3 years ago, they should have re-invested the money instead of keeping it in Singapore banks and earning just 1% interest a year. If they had bought land in JB, the total return could have been 50% over the 3 year period.

tonylim

4,796 posts

Posted by tonylim > 2013-08-03 00:06 | Report Abuse

..

nightrader

140 posts

Posted by nightrader > 2013-08-03 17:24 | Report Abuse

prudent wonder why directors not savvy to invest ?

Posted by prudentinvestor > 2013-08-03 22:45 | Report Abuse

They were savvy when they made investments in Parkway Holdings, PPB Group and Chin Teck. When it comes to disposing of shares, they are not savvy at all. I bet they could be still holding Parkway Holdings shares if Khazanah had not made a GO.

nightrader

140 posts

Posted by nightrader > 2013-08-04 09:47 | Report Abuse

directors hv hoarders mentality? can buy great assets and fail to monetise even with great profits ha3

eht6769

711 posts

Posted by eht6769 > 2013-08-05 10:16 | Report Abuse

prudeninvestor: pls comment more as your concern

Lim AS

275 posts

Posted by Lim AS > 2013-08-05 12:05 | Report Abuse

buying rate >78% albeit a slower rate . overall is positive but look like it is being manipulated to control the up rather than the down by looking at the volume on buy and sell? not very positive on the tax refund and big dividend pay out which is due in 30 august each year where normally it declares a 4 cents dividend .

nightrader

140 posts

Posted by nightrader > 2013-08-05 13:31 | Report Abuse

due 30 august?

eht6769

711 posts

Posted by eht6769 > 2013-08-05 14:37 | Report Abuse

coming soon ....price and volume keep rising on, Will have good news sept

Posted by prudentinvestor > 2013-08-05 15:31 | Report Abuse

During the 2006/07 bull-run, Keck Seng’s investments in listed company shares peaked at over RM 750 million. It disposed of less than 3% of its shareholdings (net). In the ensuing world financial crisis of 2008/09, the value of Keck Seng’s share holdings dropped by over 50% at its nadir. Buy Keck Seng only if you are able to hold for some time. Looks like there might be some speculative play on Keck Seng shares leading to the announcement of the interim dividend, hopefully the special dividend as well before the end of the month.

Posted by malaysiaboleh > 2013-08-05 15:45 | Report Abuse

same news goreng again .. but it may come truth this time. 狼來了 。。。 呜

cda2223

29 posts

Posted by cda2223 > 2013-08-05 15:45 | Report Abuse

Rewards are only for those who are patient

eht6769

711 posts

Posted by eht6769 > 2013-08-05 15:52 | Report Abuse

狼来了。。。不必怕。。。。

eht6769

711 posts

Posted by eht6769 > 2013-08-06 10:58 | Report Abuse

is best day ..kseng

cda2223

29 posts

Posted by cda2223 > 2013-08-06 11:05 | Report Abuse

on the way to rm6

eht6769

711 posts

Posted by eht6769 > 2013-08-06 13:08 | Report Abuse

strong demand today

nightrader

140 posts

Posted by nightrader > 2013-08-06 13:27 | Report Abuse

news?

eht6769

711 posts

Posted by eht6769 > 2013-08-06 13:42 | Report Abuse

dividend soon declaration haha ..insider news from

eht6769

711 posts

Posted by eht6769 > 2013-08-06 13:42 | Report Abuse

last call all body ,, dont miss out

snow white

340 posts

Posted by snow white > 2013-08-06 14:32 | Report Abuse

divident $40 per 1000 shares, now $5.33 means 0.75% only

eht6769

711 posts

Posted by eht6769 > 2013-08-06 14:36 | Report Abuse

director on call to buy ....96 cent

Posted by prudentinvestor > 2013-08-06 14:42 | Report Abuse

Investors are hoping for a special franked dividend of RM 960 per 1000 shares. Keck Seng shares won't go up if investors are expecting a RM 40 dividend.

eht6769

711 posts

Posted by eht6769 > 2013-08-06 14:49 | Report Abuse

yes.......call buy now

eht6769

711 posts

Posted by eht6769 > 2013-08-06 14:50 | Report Abuse

another wave will coming soon,,,agos

TengTJ

40 posts

Posted by TengTJ > 2013-08-06 14:53 | Report Abuse

With or without special dividends,Keck Seng is worth more than current price

snow white

340 posts

Posted by snow white > 2013-08-06 14:56 | Report Abuse

10% per 1000 shares = $100 for $5330 you purchase, so equal to 1.87% rite?

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