Posted by valueinvestor96 > 2022-05-24 14:41 | Report Abuse

Keck seng needs a big time operator to goreng up the stock, I have noticed the stock price is controlled. the liquidity is artificial and the management is unfriendly.

Shareholders need to band together and form a voting block of 10% of the company shares and requisition for an EGM under S144 of the companies act following the procedures guided by S144(2) of the companies act

Posted by valueinvestor96 > 2022-05-24 14:42 | Report Abuse

Minority shareholders should table a resolution to payout 50sen a share in special dividends as the company is holding excess cash on their balance sheets which is not necessary for the operation of their business

Posted by prudentinvestor > 2022-06-05 15:07 | Report Abuse

These bunch of directors won't do anything proactive. After divesting Keck Seng's stake in Parkway Holdings about a decade ago, instead of buying some properties in Singapore or bought some Singapore bank shares which by now could have doubled or tripled in value, they increased Keck Seng's cash holdings in US and Singapore dollars. I have kept some Keck Seng shares for 25 years, it looks like I have to keep them for another 25 years.

Posted by valueinvestor96 > 2022-06-08 13:52 | Report Abuse

oh didnt know keck seng owned shares in Parkway. They have loads of land to sell in Tanjong Puteri and a cash cow in Taman Daya

Posted by valueinvestor96 > 2022-06-09 16:08 | Report Abuse

Fair Value of Keck Seng is easily 11RM/ share after marking to market their land and hotel investments. Keck Seng is also in a net net cash position with 500RM MILLION EXCESS CASH

Posted by snowball2000 > 2022-06-13 19:17 | Report Abuse

KSENG becoming more attractive... Waiting for it to come down further, then buy and keep... ;)

Posted by prudentinvestor > 2022-06-14 23:22 | Report Abuse

The Ringgit has dropped sharply against the US and Sing Dollars over the last couple of months. Malaysia's misery is Keck Seng's boon.

Posted by Diamond7 > 2022-07-02 23:47 | Report Abuse

@valueinvestor
KSeng has nett cash of 500 million?
Vow!
KSeng will be a winner of interest rate hike!
Hooray!!
Hidden Gem...

Ringgit devaluation
Inflation
Buy land!!!
KSeng has valuable developmental land in Tanjung Puteri?@valueinvestor
Another plus factor!

KSeng will be winner of ringgit devaluation, high inflation and interest rate hike!!!
Go..go for KSeng

Buy n accumulate when it's low!!!

Posted by benchris > 2022-07-03 12:56 | Report Abuse

Unless the company change its dividend policy , it is a cash trap .

Posted by prudentinvestor > 2022-07-03 17:01 | Report Abuse

Keck Seng has net cash of over RM800 million after deducting RM210 million short and long term loans, mainly kept in US and Sing dollars. It has sizable investments in the stock market, worth over RM400 million. The most valuable asset is its land, about 9,000 acres of plantation, golf course and housing lands almost entirely located in Johor Bahru.

Posted by speakup > 2022-07-04 07:52 | Report Abuse

kseng good company but too stingy in dividends (dividend payout only 17%) thats why share price low
if kseng can increase it to say 33%, it will fly!

Posted by speakup > 2022-07-09 14:45 | Report Abuse

this company is better dead than alive, due to it super high amount of cash almost rm800mil

Posted by prudentinvestor > 2022-07-09 21:15 | Report Abuse

The company directors haven't acted proactively all this while. They just hoard cash, mainly in Sing and US Dollars and seldom sell the company's share investments. In 2007, Keck Seng's share investments were worth RM720 million. It plunged to just RM360 million the following year as a result of the world financial crisis.

Posted by Fabien _the efficient capital allocator > 2022-07-14 18:16 | Report Abuse

Keck Seng has been "undervalued" like ever in decades...

Posted by speakup > 2022-07-15 07:35 | Report Abuse

that why speakup say this company better dead than alive, tutup kedai and return cash to shareholders

Posted by prudentinvestor > 2022-07-15 15:57 | Report Abuse

Keck Seng group is worth RM5-6 billion or over RM13 a share. The directors may just offer minority shareholders RM5 to RM6 a share to take the company private.

Posted by prudentinvestor > 2022-07-23 16:45 | Report Abuse

Ho family members keep buying, desperate small investors keep selling. Rich becomes richer.

Posted by speakup > 2022-07-28 07:48 | Report Abuse

Ho family so filthy rich already they dont care about Keck Seng
thats why Keck Seng remains super undervalued

Posted by snowball2000 > 2022-08-26 13:03 | Report Abuse

QR today?

Posted by prudentinvestor > 2022-08-29 12:41 | Report Abuse

Huge spike in earnings for the April to June quarter due to record palm oil price and weak Ringgit. Hopefully this can translate into a record interim dividend.

Posted by yangxi > 2022-08-29 21:49 | Report Abuse

kiam siap boss.

Posted by speakup > 2022-09-14 07:51 | Report Abuse

normally got interim dividend every October
this year takde? company profit already recovered post pandemic, no reason for takde dividend

Posted by speakup > 2022-09-17 09:37 | Report Abuse

https://www.thestar.com.my/business/business-news/2022/09/17/will-low-valuations-lead-to-more-privatisation

Posted by prudentinvestor > 2022-09-19 21:41 | Report Abuse

Knowing the attitude and the mentality of its directors, investors will likely be paid an interim dividend of 4 sen again this year.

Posted by prudentinvestor > 2022-09-28 20:32 | Report Abuse

Keck Seng failed to pay any dividend in 2020 and 2021. This year it paid 5 sen a share dividends in April and July. The company normally pays an interim dividend of around 4 sen a share in November of the year. Looks very likely that it is not paying this year.

Posted by prudentinvestor > 2022-10-03 11:29 | Report Abuse

Keck Seng directors should consider slowly reducing its US and Sing Dollars holdings and accumulate assets that give better returns.

Posted by speakup > 2022-11-22 08:17 | Report Abuse

kseng owners have biz in singapore
if i were them, i just delist kseng malaysia and relist in singapore, earn higher valuations

Posted by speakup > 2022-11-24 22:32 | Report Abuse

https://www.youtube.com/watch?v=g-GbC30px04
More good news! Tomorrow CI+30!

Posted by prudentinvestor > 2022-11-25 16:50 | Report Abuse

Yea, good news for Malaysia as the Ringgit has been rising over the past several weeks against the US dollar and other currencies but bad news for Keck Seng as its foreign exchange gain so far this year has been drastically reduced.

Posted by Superdaddy > 2022-11-26 02:59 | Report Abuse

Cheers Kseng, another splendid qtr by kseng!!!

Posted by prudentinvestor > 2022-11-27 23:02 | Report Abuse

Companies reporting much improved earnings will see their share price register handsome gains but not this company. Don't dream also that the directors will reward shareholders.

Posted by speakup > 2023-01-25 17:00 | Report Abuse

the 3 most likely privatisation candidates: INSAS, KSENG, OSK

Posted by speakup > 2023-01-26 11:39 | Report Abuse

someone accumulating
after i sell muhibah, will relook kseng

Posted by prudentinvestor > 2023-01-26 12:22 | Report Abuse

As at beginning of November last year, Keck Seng's total foreign exchange gains on its holdings in US and Singapore dollars was more than RM50 million. I am quite doubtful if it has pared down on its US and Sing dollar holdings.

Posted by speakup > 2023-01-26 12:29 | Report Abuse

kseng super undervalued just like osk & insas

Posted by MG9231 > 2023-01-26 14:48 | Report Abuse

This counter no hope lah, major shareholders not bother the minority shareholders at all

Posted by prudentinvestor > 2023-01-26 23:00 | Report Abuse

When the company wasn't profitable during financial years 2020 and 2021, it didn't pay any dividend. The yearly dividend has been quite consistent at 10 sen a share for over 10 years.

Posted by stockraider > 2023-01-27 08:35 | Report Abuse

Go for it loh!

Alot of hidden value mah!

Owner quietly buying mah!

Posted by MG9231 > 2023-01-27 09:43 | Report Abuse

Posted by prudentinvestor > 10 hours ago | Report Abuse

When the company wasn't profitable during financial years 2020 and 2021, it didn't pay any dividend. The yearly dividend has been quite consistent at 10 sen a share for over 10 years.

IT'S DIVIDEND HAS NO GROW AT ALL

Posted by speakup > 2023-01-27 09:46 | Report Abuse

2.7% dividend oklah

Posted by yangxi > 2023-01-27 10:58 | Report Abuse

kiamsiap boss.. keep over 10yrs liao. waiting kseng privatisation

Posted by prudentinvestor > 2023-01-27 11:27 | Report Abuse

I started to buy Keck Seng over 30 years ago. Still keep a few thousand shares bought during the mid 90s. It needs to revalue all its assets to current market values before privatization.

Posted by speakup > 2023-01-27 11:33 | Report Abuse

speakup oso a few thousand kseng

Posted by speakup > 2023-01-27 11:35 | Report Abuse

sold most of my kseng already
only left some for momento. haha

Posted by MG9231 > 2023-01-27 11:37 | Report Abuse

Major Shareholders cum directors' salaries increase substantially since 10 years ago while shareholders get pea nuts.

Posted by prudentinvestor > 2023-01-27 11:45 | Report Abuse

When the company made a lot of money, it didn't increase the dividend payment. When it made less, the directors immediately stopped dividend payment.

Posted by speakup > 2023-01-27 11:49 | Report Abuse

keep a bit just in case PRIVATISE
then JACKPOT!

Posted by prudentinvestor > 2023-01-27 11:49 | Report Abuse

Keck Seng is worth at least RM15 a share. Should the directors decide to privatize it at RM8 a share, I would accept and switch to Maybank.

Posted by speakup > 2023-01-27 11:50 | Report Abuse

exactly!
can double your money

Posted by speakup > 2023-01-27 11:50 | Report Abuse

so speakup keep a bit