KECK SENG (M) BHD

KLSE (MYR): KSENG (3476)

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Last Price

5.73

Today's Change

-0.04 (0.69%)

Day's Change

5.72 - 5.79

Trading Volume

20,100


8 people like this.

3,483 comment(s). Last comment by compoundingeffect 3 days ago

Posted by prudentinvestor > 2023-04-14 15:07 | Report Abuse

A gem which remains in the hands of over conservative people may eventually turn into a stone.

Diamond7

2,374 posts

Posted by Diamond7 > 2023-04-15 18:49 | Report Abuse

Agree with Superdaddy. One day will turn into gem...
Will wait patiently!

Lucky this year gives 14 cents dividend in total!

Posted by prudentinvestor > 2023-04-17 20:07 | Report Abuse

For Keck Seng to turn into gem, a change of guard is necessary.

Posted by prudentinvestor > 2023-04-18 22:39 | Report Abuse

May drop to RM3.40 after ex dividend. Just have no confidence in the company.

Posted by snowball2000 > 2023-04-19 10:15 | Report Abuse

Yes, who wants this "kiam siap" company..... ;P

speakup

27,028 posts

Posted by speakup > 2023-04-19 11:29 | Report Abuse

9¢ dividend ex tomorrow. Today last chance to buy for 9¢ dividend

Superdaddy

160 posts

Posted by Superdaddy > 2023-04-19 12:21 | Report Abuse

Ex dividend amended to 25/04. Cheers!!!

stockraider

31,556 posts

Posted by stockraider > 2023-04-19 12:22 | Report Abuse

Very safe profitable conservative investment mah!

Posted by prudentinvestor > 2023-04-19 15:42 | Report Abuse

So it should be tomorrow last chance to buy for the 9¢ dividend. I am not doing this.

speakup

27,028 posts

Posted by speakup > 2023-04-20 21:39 | Report Abuse

sedihnya tadak orang nak 9sen dividend tu

Posted by prudentinvestor > 2023-04-21 21:36 | Report Abuse

You have to come out with RM3,600 first before they give you RM90. If they give RM900 then is a different story.

Diamond7

2,374 posts

Posted by Diamond7 > 2023-04-24 13:14 | Report Abuse

After ex dividend
Prob drop to 3.38 only!
Hopefully KSeng management will reward minority shareholders with another dividend this August!

Posted by prudentinvestor > 2023-04-24 17:02 | Report Abuse

It is such a boring company. Should have been taken private a long time ago, of course with good offers to small investors.

Posted by snowball2000 > 2023-04-25 13:23 | Report Abuse

Yes, agreed. KSENG is very much like ORIENT....;p

Posted by prudentinvestor > 2023-04-25 16:42 | Report Abuse

Don't invest in Keck Seng unless you can hold the stock for more than 10 years.

DickyMe

14,891 posts

Posted by DickyMe > 2023-04-28 13:54 | Report Abuse

I suspect they are planning to exit!

speakup

27,028 posts

Posted by speakup > 2023-04-29 22:31 | Report Abuse

Think so too. If price is right, they will exit

Posted by prudentinvestor > 2023-05-02 08:46 | Report Abuse

RM8 a share would be the right price. Still 50% discount to its nta if all assets are revalued.

stockraider

31,556 posts

Posted by stockraider > 2023-05-02 10:35 | Report Abuse

Those who invest longer term will have their reward on kseng loh!

Posted by prudentinvestor > 2023-05-02 12:15 | Report Abuse

Some of my Keck Seng shares were bought about 30 years ago. Can't wait for another 30 yeas unless old fox could tell me his secrets for longevity.

MG9231

816 posts

Posted by MG9231 > 2023-05-02 16:37 | Report Abuse

2 or 3 Ho family 3rd generations already being appointed as directors

Posted by prudentinvestor > 2023-05-02 19:48 | Report Abuse

Like father like son, like grandfather like grandson.

Posted by prudentinvestor > 2023-05-05 19:30 | Report Abuse

For a cash rich company like Keck Seng, interest rate rises should benefit it tremendously. With a cash pile of RM1 billion, each percentage rise in interest rate should bring in an additinal pretax profit of RM10 million to the company. However, the perfomance of Keck Seng shares doesn't seem to indicate that it has benefitted anything at all from the rate rises.

Diamond7

2,374 posts

Posted by Diamond7 > 2023-05-06 16:14 | Report Abuse

Thank you @ prudentinvestor for sharing some insights on benefits of high interest rate for this counter.
No wonder there was some buying in of KSeng at 3.52 yesterday

Posted by prudentinvestor > 2023-05-06 20:50 | Report Abuse

Keck Seng keeps most of its RM1 billion cash in US and Singapore Dollars. Any drop in the Ringgit against the US and Sing Dollas would also benefit the company.

Superdaddy

160 posts

Posted by Superdaddy > 2023-05-27 04:10 | Report Abuse

Great quarterly results fr Kseng. Cheers!!!

Posted by prudentinvestor > 2023-05-28 15:44 | Report Abuse

Keck Seng has make much more money from the depreciating Ringgit and interests from fixed deposits so far this year than from its business operations.

speakup

27,028 posts

Posted by speakup > 2023-05-28 18:55 | Report Abuse

Good results! 💪
Hebatttttt!

Posted by prudentinvestor > 2023-05-29 10:18 | Report Abuse

Good dividends that follow good results are much better!

Diamond7

2,374 posts

Posted by Diamond7 > 2023-05-29 14:02 | Report Abuse

Agree...
Hope they give another ten cents dividend!

Or bonus issues to reward the faithful minority shareholders

Diamond7

2,374 posts

Posted by Diamond7 > 2023-05-29 16:42 | Report Abuse

Today is a happy day...
Kseng moving up up..

Hope it rockets up to the moon!
Next agung is Sultan of Johore.
Let's hope JB will be fast developing ...with more n more Singaporeans shopping n staying in JB

Posted by prudentinvestor > 2023-05-30 21:51 | Report Abuse

Keck Seng's net cash today exceeds RM1 billion. Just allocate 10% of this amount to buy listed shares that pay good dividends like Maybank. I believe it has held PPB Group and Chin Teck shares for over 30 years. Time to switch to counters which pay better dividends.

Posted by prudentinvestor > 2023-06-05 17:41 | Report Abuse

If only the management knows how to make effective use of the company's over RM1 billion cash, it could be trading at RM8.43 instead of RM3.48.

Diamond7

2,374 posts

Posted by Diamond7 > 2023-07-04 10:58 | Report Abuse

Any good news?
This hidden gem keeps moving up..
Vow 3.68 dy

Posted by prudentinvestor > 2023-07-04 12:17 | Report Abuse

Keck Seng achieved record earnings last year but its share price stays stagnant. That seems unusual. Prior to 2020, it used to trade at well over RM4 a share.

Posted by prudentinvestor > 2023-07-04 12:22 | Report Abuse

Let's hope its rally is not a flash in the pan again.

stockraider

31,556 posts

Posted by stockraider > 2023-07-04 13:02 | Report Abuse

Very safe n prudent investment mah!

Posted by prudentinvestor > 2023-07-05 15:45 | Report Abuse

Price moves up without a corresponding increase in volume, so rally not sustainable. Another flash in the pan again.

Posted by prudentinvestor > 2023-07-06 09:56 | Report Abuse

As expected, the staged mini rally didn't last long.

speakup

27,028 posts

Posted by speakup > 2023-07-06 16:02 | Report Abuse

Once Diamond7 open mouth about 3.68, game over. Party pooper 💩

Posted by prudentinvestor > 2023-07-07 09:18 | Report Abuse

Keck Seng's major shareholders are solely responsible for its poor performance.

Posted by prudentinvestor > 2023-07-07 10:38 | Report Abuse

Back to below RM3.50 again next week. Don't have high hopes.

lim1818

58 posts

Posted by lim1818 > 2023-07-13 21:06 | Report Abuse

salted fish starts to breathe in air

Posted by prudentinvestor > 2023-07-14 12:51 | Report Abuse

Keck Seng's directors had acquired Keck Seng 23,700 shares at RM3.62 a share. The company's net cash and investments in the stock market are already worth over RM4 a share. Too bad, some small investors are willing to part with their Keck Seng shares at fire sale price.

Posted by prudentinvestor > 2023-07-14 15:07 | Report Abuse

Still a long way to go to reach RM8.43.

Siow Looi

426 posts

Posted by Siow Looi > 2023-07-17 14:35 | Report Abuse

Slow slow climb. Take your time. Be very silent

Posted by prudentinvestor > 2023-07-17 15:16 | Report Abuse

A climb accompanied by high volumes is more sustainable. Volume very low, one must be prepared for a sudden reversal.

Posted by snowball2000 > 2023-07-20 10:13 | Report Abuse

Matching up, slowly but surely... ;)

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-20 10:16 | Report Abuse

Marching or Matching up?
Malaysian English?

Posted by snowball2000 > 2023-07-20 10:19 | Report Abuse

sorry dicky, my bad... ;0

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