KECK SENG (M) BHD

KLSE (MYR): KSENG (3476)

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Last Price

5.92

Today's Change

+0.14 (2.42%)

Day's Change

5.82 - 5.92

Trading Volume

41,600


8 people like this.

3,451 comment(s). Last comment by Diamond7 19 hours ago

speakup

26,525 posts

Posted by speakup > 2023-03-10 10:47 | Report Abuse

Hancur

Posted by prudentinvestor > 2023-03-10 14:53 | Report Abuse

It is slow to react to good news but reacts immediately to bad news. Small investors have no confidence in this company. Sad!

Posted by prudentinvestor > 2023-03-14 21:57 | Report Abuse

People often say in times of uncertainty, cash is king. This doesn't seem to be true for Keck Seng.

speakup

26,525 posts

Posted by speakup > 2023-03-14 22:01 | Report Abuse

Insas oso drop leh
Icap oso drop leh

Posted by prudentinvestor > 2023-03-15 15:10 | Report Abuse

Other counters drop already will rebound fast, Keck Seng takes time to rebound.

Diamond7

2,321 posts

Posted by Diamond7 > 2023-03-16 21:42 | Report Abuse

Any news of dividend?
When?
How much?
Ten cents arhhh? Or more?

speakup

26,525 posts

Posted by speakup > 2023-03-16 21:44 | Report Abuse

soon. Minimum 6sen i think. Hopefully can more

Diamond7

2,321 posts

Posted by Diamond7 > 2023-03-16 21:46 | Report Abuse

speakup quote..
"Kseng net cash rm987mil.
Net cash/share rm2.73!"

Vow...
So rich!!!
Hopefully give bonus!
Let us share the joys!!!

speakup

26,525 posts

Posted by speakup > 2023-03-16 21:51 | Report Abuse

Yes, very cash rich company
Hope they will make shareholders smile for once

Posted by prudentinvestor > 2023-03-16 23:20 | Report Abuse

I have lost faith in this company. Hope the major shareholders can take Keck Seng private at a reasonable price (over RM6 a share) soonest possible.

Diamond7

2,321 posts

Posted by Diamond7 > 2023-03-19 18:33 | Report Abuse

Take private?
Please don't!!!

Reward la the faithful minority shareholders with a fat special dividend and please give bonus to add liquidity to this stock!

Posted by prudentinvestor > 2023-03-21 21:56 | Report Abuse

Since Keck Seng is so cash rich, it should distribute all it earns as dividend.

DickyMe

14,698 posts

Posted by DickyMe > 2023-03-21 22:06 | Report Abuse

Minority barking!

Posted by prudentinvestor > 2023-03-22 11:52 | Report Abuse

Small shareholders should make some noise occasionally, otherwise major shareholders might think that we are happy with the way they manage the company.

Diamond7

2,321 posts

Posted by Diamond7 > 2023-03-25 12:28 | Report Abuse

3.42
BUY!
Good buy..

If drop to 3.36
All in!!!

Posted by prudentinvestor > 2023-03-25 15:56 | Report Abuse

If the company decides to compensate investors for the loss of dividends in 2020 and 2021 and declares a 26 sen a share final dividend, then it is worthwhile to buy at this price.

speakup

26,525 posts

Posted by speakup > 2023-03-30 08:18 | Report Abuse

boo chow. worst company ever. paper profit now all gone

Posted by prudentinvestor > 2023-03-30 17:27 | Report Abuse

Keck Seng normally announces timelines for final dividend payment in the first week of April. Should the directors decide to compensate investors for the loss of dividends for years 2020 and 2021, there is still hope that its share price may recover.

speakup

26,525 posts

Posted by speakup > 2023-03-30 18:47 | Report Abuse

Tot I bought very cheap. Now even cheaper

Posted by prudentinvestor > 2023-03-31 10:36 | Report Abuse

At the company's AGM every year, the management would seek shareholders' mandate for proposed share buy back by the company but they take no action after that. Don't know why they want to waste time on this.

Posted by Teo Cher Ming > 2023-04-06 17:31 | Report Abuse

9sen final dividend

yangxi

416 posts

Posted by yangxi > 2023-04-06 18:17 | Report Abuse

if back normal , another dividend (YR 23) will be on august 2023

speakup

26,525 posts

Posted by speakup > 2023-04-06 21:42 | Report Abuse

Besok open 3.69

Posted by prudentinvestor > 2023-04-06 22:51 | Report Abuse

It could open at RM4 tomorrow if it declares a final dividend of RM0.26 a share.

Diamond7

2,321 posts

Posted by Diamond7 > 2023-04-06 22:53 | Report Abuse

Glad kSeng announced a total of 14 cents dividen for year 2022

Hope later announced another 20 cents for year 2023
Plus bonus issue!

Posted by prudentinvestor > 2023-04-07 10:02 | Report Abuse

Very difficult to get Keck Seng directors to pay higher dividends. With a cash pile of over RM 1 billion, money is what Keck Seng least needs. Yet for decades, its directors have been unwilling to share the spoils with small shareholders but would immediately reduce/cut completely dividend payment when it faces the slightest headwind.

Posted by prudentinvestor > 2023-04-07 10:43 | Report Abuse

Hope it doesn't dip below yesterday's closing price of RM3.60. A dividend of 9 sen a share is too little to excite small investors.

Diamond7

2,321 posts

Posted by Diamond7 > 2023-04-07 10:47 | Report Abuse

With 9 cents dividend
Kseng oso can't move up!!!
Directors.....please do something to energise KSeng...

Posted by prudentinvestor > 2023-04-07 12:19 | Report Abuse

Just distribute 50 to 60% of the company's earnings to its shareholders as dividends, Keck Seng's share price would immediately spike. Allocate another RM10 million per year (less than the interest the company earns a year) to buy its own shares would energize Keck Seng further.

Diamond7

2,321 posts

Posted by Diamond7 > 2023-04-07 15:54 | Report Abuse

Jialat!
KSeng fell to 3.50 after announcing 9 cents!

I help to buy n support!!!

Posted by prudentinvestor > 2023-04-07 16:59 | Report Abuse

Selling Keck Seng at RM3.50 is just sheer craziness. Its cash and value of its share investments are already worth almost RM3.90 a share. Its other assets in Malaysia including thousands of acres of plantation land in Johor Bahru, property development land, golf club, factories, Menara Keck Seng, Regency Tower etc are worth RM4 to 5 billion, not including properties in the US, Canada and Singapore.

DickyMe

14,698 posts

Posted by DickyMe > 2023-04-07 17:03 | Report Abuse

This stock is similar to barren land. It is in menopause stage.
Shrewd people, moves away instead of gripping it like a monkey.

Posted by prudentinvestor > 2023-04-07 22:54 | Report Abuse

You are right Dickyme. Shrewd people won't say that Maybank would drop to RM5.80 and Tenaga to RM4.50.

speakup

26,525 posts

Posted by speakup > 2023-04-08 08:26 | Report Abuse

That's why speakup hold a bit only..... for the surprised privatisation...... should it come

speakup

26,525 posts

Posted by speakup > 2023-04-08 08:27 | Report Abuse

That's why speakup hold a bit only..... for the surprised privatisation...... should it come

Diamond7

2,321 posts

Posted by Diamond7 > 2023-04-08 11:56 | Report Abuse

I strongly agree with you #prudentinvestor!
Hope the Directors are aware of this...n will reward the minority shareholders soon for their patience n faithfulness in this counter.
Have been holding KSeng since 2003

Posted by prudentinvestor > 2023-04-09 16:41 | Report Abuse

I have been holding some Keck Seng shares for probably 30 years, bought before the 1 for 2 bonus in 1995. I have funny odd lots.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-04-09 16:50 | Report Abuse

Is this the same Prudentinvestor who promoted Serba last year???

DickyMe

14,698 posts

Posted by DickyMe > 2023-04-09 16:50 | Report Abuse

Holding a degenerate stock for umpteen years is not a feat.
30 years ago, if my memory serves me right, it was in the range of RM5 to 7 or more.
Look at it's value now. If it is that good it should be above RM12 or more. If you are happy with miserable dividends, then you are not bluffing me, but yourself.

Diamond7

2,321 posts

Posted by Diamond7 > 2023-04-09 17:37 | Report Abuse

2013.... yes
It went up as high as 7.97

Posted by prudentinvestor > 2023-04-10 12:25 | Report Abuse

"Is this the same Prudentinvestor who promoted Serba last year???
@BobAxelrod33, I have stopped investing in speculative stocks for several years. Tell me the date and time that I had promoted Serba last year.

Posted by prudentinvestor > 2023-04-10 14:21 | Report Abuse

@DickMe, did I say it was a feat? Read my comments, I have been dressing down the management in most of my comments. I bought Keck Seng shares likely in 1993 or 1994 at under RM3 a share. After two 1 for 2 bonus issues, my average price is now just RM1.20 a share. Keck Seng traded between a low of RM1.45 and high of RM4.73 in 1993/94. It could have gone up to over RM7 a share earlier before another bonus issue in the late 80s.

Posted by VijaiDeb > 2023-04-11 09:43 | Report Abuse

in 2010, Keck Seng got a winfall for the Singapore Parkway takeover by Singh Barothers and its share price went to over RM 7.00

Posted by prudentinvestor > 2023-04-11 20:57 | Report Abuse

Keck Seng sold its stake in Parkway Holdings to a Malaysian company called Integrated Healthcare Holdings Ltd, owned by the Malaysian government. India’s Fortis Healthcare Ltd. lost the tussle for control of Parkway Holdings.
https://www.theedgemarkets.com/article/keck-seng-unexpected-beneficiary-parkway-tussle

speakup

26,525 posts

Posted by speakup > 2023-04-11 21:02 | Report Abuse

Am i right to say most of KSeng owners are Singaporeans?

Posted by prudentinvestor > 2023-04-12 10:52 | Report Abuse

Pay some money to the Registrar of Companies in Malaysia and you would get your query solved.

Diamond7

2,321 posts

Posted by Diamond7 > 2023-04-13 11:09 | Report Abuse

Haizzx
9 cents dividend....oso can't fly!!!
Thought can touch at least 3.69!!!

Diamond7

2,321 posts

Posted by Diamond7 > 2023-04-13 11:10 | Report Abuse

Investors expecting 30 cents dividend.....
No wonder can't fly!!!

Posted by prudentinvestor > 2023-04-13 11:51 | Report Abuse

If the company makes better use of its RM1 billion cash instead of keeping it in US$ and Sing$ deposits, Keck Seng shares will not only fly but shoot through the roof.

Superdaddy

160 posts

Posted by Superdaddy > 2023-04-13 22:43 | Report Abuse

Stay firm and strong in this true gem ya. Cheers!!!

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