KECK SENG (M) BHD

KLSE (MYR): KSENG (3476)

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Last Price

5.71

Today's Change

-0.08 (1.38%)

Day's Change

5.71 - 5.71

Trading Volume

23,500


8 people like this.

3,333 comment(s). Last comment by prudentinvestor 6 days ago

Posted by prudentinvestor > 2023-11-21 12:16 | Report Abuse

Including the dividends, Keck Seng has already risen by more than 40% from its lows in April. Not a bad achievement but still a long way to go to reach its intrinsic value.

Posted by prudentinvestor > 2023-11-22 16:54 | Report Abuse

Up one or two sen a day, should reach RM5 soon but still a long way from my target price.

speakup

25,088 posts

Posted by speakup > 2023-11-27 19:03 | Report Abuse

Aduh! What happened?

speakup

25,088 posts

Posted by prudentinvestor > 2023-11-28 11:59 | Report Abuse

Just hold on to your Keck Seng shares tightly, no need to sell. At over RM100/ft2, the price which Cresendo sold several parcels of its land in Pulai, Keck Seng's land in Pulai area is already worth over RM2 billion.

Posted by prudentinvestor > 2023-11-28 16:49 | Report Abuse

Crazy to sell Keck Seng at this level considering that its land bank in Pulai alone is already worth over RM2 billion.

Superdaddy

144 posts

Posted by Superdaddy > 2023-11-28 17:04 | Report Abuse

Yeah, can keep collecting on weakness. Jz a kneejerk reaction to lower profit this qtr. Cheers!!!

stockraider

31,556 posts

Posted by stockraider > 2023-11-29 12:47 | Report Abuse

Yes quietly collect mah!

Superdaddy

144 posts

Posted by Superdaddy > 2023-11-29 20:33 | Report Abuse

Wah, sifu stockraider, happy to hear fr u after so long. We collect on weakness ya. Cheers!!!

Posted by prudentinvestor > 2023-11-30 10:46 | Report Abuse

The more investors know about Keck Seng's true value and its potential, the more stable its price would become.

Posted by prudentinvestor > 2023-12-01 09:53 | Report Abuse

Johor Bahru is developing very, very fast. In less than 10 years, Keck Seng's development/plantation lands in Pasir Gudang area would be worth on average at least RM 1 million per acre. Keck Seng has about 7,500 acres of land in Pasir Gudang area. How much do you think it is worth?

Diamond7

2,194 posts

Posted by Diamond7 > 2023-12-01 23:08 | Report Abuse

Johor Menteri Besar Datuk Onn Hafiz Ghazi said at Johor’s Budget 2024 presentation last Thursday (Nov 23) that Malaysia and Singapore are expected to sign a memorandum of understanding to establish the SEZ on Jan 11, 2024.

https://www.klsescreener.com/v2/news/view/1241613

stockraider

31,556 posts

Posted by stockraider > 2023-12-03 10:27 | Report Abuse

This is a beatiful solid, quality, very undervalue stock holding tonnes of cash & liquid investment and paying good div loh!

Posted by prudentinvestor > 2023-12-03 15:02 | Report Abuse

Those who are prepared to play the long game can accumulate in small quantities slowly.

speakup

25,088 posts

Posted by speakup > 2023-12-03 18:03 | Report Abuse

speakup bought 3.60. LOL!

Posted by prudentinvestor > 2023-12-04 15:37 | Report Abuse

Hold it until the price triples or more. You might have to wait for 10 years.

Diamond7

2,194 posts

Posted by Diamond7 > 2023-12-08 20:00 | Report Abuse

Johor is the state to watch next year!

https://www.nst.com.my/property/2023/12/987553/johor-state-watch-next-year

Posted by prudentinvestor > 2023-12-09 17:12 | Report Abuse

With over 8,000 acres of land, Keck Seng is one of the largest land owners in JB.

speakup

25,088 posts

Posted by speakup > 2023-12-09 17:13 | Report Abuse

Lol!

Posted by prudentinvestor > 2023-12-11 10:06 | Report Abuse

The value of Keck Seng's land would rise further with the revival of the HSR.

Superdaddy

144 posts

Posted by Superdaddy > 2023-12-12 19:33 | Report Abuse

Cheers to all the strong holders of Kseng. The 49 years old son of MD collecting some fr open market last week. More future accumulation is expected fr the new generation. Brighter days ahead for Kseng. Cheers!!!

Posted by prudentinvestor > 2023-12-12 20:58 | Report Abuse

He bought those shares at a steep 75% discount.

speakup

25,088 posts

Posted by speakup > 2023-12-12 21:45 | Report Abuse

when 3.60 speakup was shouting buy buy buy
now 4.60 only u all buy buy buy???? LOL!

Posted by prudentinvestor > 2023-12-13 10:00 | Report Abuse

Uncle Prudentinvestor started buying Keck Seng shares during the late 1980s and still keep some bought in 1993 or 94. Received bonus issues twice for those shares bought in 1993/94. The last time uncle bought Keck Seng shares was about 11 years ago, bought at under RM4. Unfortunate thing is I only disposed of a small portion when it went up to RM7.97 9 or 10 years ago.

Superdaddy

144 posts

Posted by Superdaddy > 2023-12-13 10:17 | Report Abuse

Some collection going on bit by bit. A slow climb to the peak. Cheers to all holders

Posted by prudentinvestor > 2023-12-13 14:55 | Report Abuse

I think not many people know that Keck Seng has a lot of valuable land located in Johor Bahru. Otherwise its price won't stay at this level.

Diamond7

2,194 posts

Posted by Diamond7 > 2023-12-13 19:47 | Report Abuse

A MUST HAVE stock in view of JB being the new Shenzhen
Hidden gem!
Highly undervalue...
Wait patiently
One month...
One year...
Two years ..
It's a goose that lays golden eggs!

Posted by prudentinvestor > 2023-12-14 11:34 | Report Abuse

Touched RM4.73 this morning, the highest in more than 4 years. Keep it up, still a long way to go.

Superdaddy

144 posts

Posted by Superdaddy > 2023-12-14 11:37 | Report Abuse

Yeah, jz slow and steady will do, we jz ride together with the waves ya. Cheers !!!

Superdaddy

144 posts

Posted by Superdaddy > 2023-12-14 11:41 | Report Abuse

4.75 cheers!!!

Diamond7

2,194 posts

Posted by Diamond7 > 2023-12-14 16:50 | Report Abuse

https://www.thestar.com.my/opinion/columnists/comment/2023/12/13/burgeoning-with-a-bluster

Strong,....
Very strong.....
Still have very strong legs to run......

Superdaddy

144 posts

Posted by Superdaddy > 2023-12-15 09:21 | Report Abuse

Cheers to all the strong hearts. Kseng. Go Go Go!!!

Posted by prudentinvestor > 2023-12-15 09:56 | Report Abuse

Now it is moving up slowly in low volumes. Later it should move up strongly in high volumes like it did 10 years ago to almost reach RM8 a share. History could repeat itself.

Posted by prudentinvestor > 2023-12-15 10:32 | Report Abuse

Small investors shouldn't sell their Keck Seng shares. This is to ensure that its directors don't have the opportunity to buy Keck Seng shares at 75% discount. Don't make rich people richer, OK?

Superdaddy

144 posts

Posted by Superdaddy > 2023-12-15 18:15 | Report Abuse

Yeah, lock in the safe locker for another few years. Cheers!!!

Posted by prudentinvestor > 2023-12-18 16:58 | Report Abuse

It is still not too high to buy at this level considering that its nta is much, much higher than RM4.70.

speakup

25,088 posts

Posted by speakup > 2023-12-19 14:19 | Report Abuse

Funny isn't it. 3.60 nobody want buy. 4.70 all screaming Buy now. LOL!

Posted by prudentinvestor > 2023-12-19 16:35 | Report Abuse

Now even if you want to buy, there aren't many sellers around. Remember the glove stock frenzy over three and a half years ago? When Top Glove was trading at below RM5, who would have thought it could spike to over RM20? Yet when it touched RM20, many thought it would spike to RM30, RM40 or even RM50.

Diamond7

2,194 posts

Posted by Diamond7 > 2023-12-24 14:39 | Report Abuse

https://klse.i3investor.com/web/blog/detail/muze/2023-12-21-story-h-212253863-Johor_identifies_3_possible_LRT_lines_in_Johor_Bahru_that_complement_JB

Better transport system within JB
This will spur up the JB economy n the value of JB land assets!

Posted by prudentinvestor > 2023-12-25 17:14 | Report Abuse

Keck Seng's share price always very slow to react to good news.

speakup

25,088 posts

Posted by speakup > 2023-12-25 18:10 | Report Abuse

3.60 dah suruh beli
4.70 baru suruh org beli?

speakup

25,088 posts

Posted by speakup > 2023-12-25 18:11 | Report Abuse

Suruh beli 3.60, takut jatuh 3.00
Sekarang 4.70... rebuttttt beli. LOL!

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

Don't expect to buy at the lowest, neither should you expect to sell at the highest. 3.60 to 4.70 is only a 30% gain.

Posted by prudentinvestor > 2023-12-27 17:27 | Report Abuse

I have been waiting for so long already to get rid of my Keck Seng shares and switch to bank counters like Maybank, RHB Bank etc in order to earn dividends better than EPF is able to pay. Certainly RM4.70 is not the price to sell. RM7.40 may be can consider.

Superdaddy

144 posts

Posted by Superdaddy > 2023-12-29 15:31 | Report Abuse

Kseng , Go, Go,Go. Cheers!!!

Posted by prudentinvestor > 2023-12-29 15:48 | Report Abuse

Keck Seng ended the last trading day of last year at RM3.60 a share. If it could close at RM4.75 today, then including the dividends, total gains for 2023 would be RM1.28 or 35.5%.

Posted by prudentinvestor > 2024-01-02 10:04 | Report Abuse

Good start to the new year, Another 35% rise this year would propel Keck Seng's share price to RM6,50 at the end of the year. Let's hope for the best.

Posted by prudentinvestor > 2024-01-02 15:04 | Report Abuse

At the rate Keck Seng is rising, should reach RM5 within a few days. Perhaps privatization is imminent.

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