Posted by Diamond7 > 2024-01-24 13:21 | Report Abuse

What will happen upon the completion of RTS in early 2026?

Posted by Superdaddy > 2024-01-24 15:02 | Report Abuse

Continuous buying at all levels today. Not many seller as it approached Rm6 level soon. Cheers!!!

Posted by prudentinvestor > 2024-01-24 15:19 | Report Abuse

Already up RM1 since the beginning of the year. My second best performing stock after MRCB but only by a small margin.

Posted by Diamond7 > 2024-01-24 17:06 | Report Abuse

PETALING JAYA: Johor experiences the strongest property demand by foreigners and momentum is expected to continue, driven by increased interest from Singaporean buyers, according to DataSense real estate intelligence head Dr Lee Nai Jia.

Posted by prudentinvestor > 2024-01-25 11:11 | Report Abuse

Keck Seng's turnover yesterday at 316,700 is considered very heavy. Even turnover exceeding 200,000 is rare. I think by the time its daily turnover exceeds 1 million shares its share price could have gone up to at least RM7.

Posted by prudentinvestor > 2024-01-26 16:34 | Report Abuse

Going up non stop. It seems its rise is unstoppable. RM6 next week and RM6.50 before CNY hopefully.

Posted by Diamond7 > 2024-01-26 17:48 | Report Abuse

KSeng stocks have strong fundamentals.
Buyers of KSeng are long term investors. Buyers are old man or rich people!
Volume is small and price keeps going up cos it is tightly held. There are buyers but few sellers!

Posted by Diamond7 > 2024-01-26 18:58 | Report Abuse

KUALA LUMPUR (Jan 26): RHB Investment Bank Research (RHB IB) has maintained its "overweight" rating on the real estate sector, identifying UEM Sunrise Bhd as the top proxy for the segment, with potential benefits extending to Sunway Bhd, IOI Properties and Eco World Development Group Bhd if significant railway infrastructure projects materialise in Johor.

In a sector update on Friday, the research house said that if the government decides to proceed with the Johor Light Rail Transit (LRT) and Kuala Lumpur-Singapore High-Speed Rail (HSR) projects, it could boost demand for residential, commercial and industrial properties in Iskandar Malaysia in the coming years, leading to an increase in prices for strategically located parcels of land.

https://theedgemalaysia.com/node/698664

Posted by Superdaddy > 2024-01-26 19:56 | Report Abuse

Kseng has and will become one of the most sought after land owners nearby JB. Cheers to an amazing year ahead!!!

Posted by prudentinvestor > 2024-01-26 20:58 | Report Abuse

Keck Seng has a lot of properties, mainly plantation and development land that have not been revalued since 1980. In its latest quarterly report, its NTA was stated as RM7.10. Its actual NTA could be several times higher.

Posted by stockraider > 2024-01-27 18:24 | Report Abuse

Kseng is a good co for privatization loh!

In order to privatize, it need Rm 7.50 to privatize loh!

Posted by prudentinvestor > 2024-01-28 22:43 | Report Abuse

"In order to privatize, it need Rm 7.50 to privatize loh!"
Keck Seng's directors would be laughing all the way to the banks if they could privatize it without revaluing its properties bought over 40 years ago.

Posted by snowball2000 > 2024-01-29 11:19 | Report Abuse

I am fine with them revaluing only partially and then taking it private, as long as the price is RM10 or above..... ;P

Posted by prudentinvestor > 2024-01-29 22:58 | Report Abuse

If one Keck Seng can change for one Maybank in addition to some extra money to spend, it is not a bad idea to accept.

Posted by Superdaddy > 2024-01-31 10:07 | Report Abuse

Positive retracement going on for further upside to clear some stale bulls. Cheers!!!

Posted by Diamond7 > 2024-01-31 11:40 | Report Abuse

https://themalaysianreserve.com/2024/01/30/iskandar-malaysia-kulim-high-tech-reshape-malaysias-real-estate-landscape/

Iskandar land assets....

Posted by Diamond7 > 2024-01-31 11:44 | Report Abuse

Opportunity buy at 5.76/5.78/5.80

Posted by prudentinvestor > 2024-01-31 16:08 | Report Abuse

Minor correction along the way. I don't expect it to drop by more than 10% from its recent peak of 6.05.

Posted by Diamond7 > 2024-01-31 18:05 | Report Abuse

Wa!
5.66../5.67/5.68

Stocks cannot continuously
up..

Hopefully coming quarterly report is excellent...

Posted by Diamond7 > 2024-01-31 18:06 | Report Abuse

Will there be a 9 cents dividend?

Posted by prudentinvestor > 2024-01-31 20:28 | Report Abuse

Keck Seng should distribute at least 50% of its earnings as dividends and let investors decide what to do with their money. Then its final dividend would be much much more than 9 cents.

Posted by Diamond7 > 2024-01-31 20:39 | Report Abuse

I agree with you@ Prudentinvestor!

Posted by speakup > 2024-01-31 21:45 | Report Abuse

what happen to Kseng? is it coming QR no good?

Posted by Superdaddy > 2024-01-31 22:12 | Report Abuse

Jz a healthy correction after continuous upsurge. Cheers!!!

Posted by Diamond7 > 2024-01-31 22:23 | Report Abuse

@ speakup
Coming quarterly report end of February
Should be good! Hopefully it's good! Hopefully come with 9 cents dividend!

Agree with Superdaddy...only a healthy correction!

Posted by stockraider > 2024-02-01 12:23 | Report Abuse

Kseng very stable investment mah!
Rock solid loh!

Posted by Superdaddy > 2024-02-01 16:43 | Report Abuse

Definitely sifu Raiders, it's such a deeply undervalued stocks indeed. Cheers!!!

Posted by prudentinvestor > 2024-02-02 09:39 | Report Abuse

I believe the correction should be over today. Soon Keck Seng would be on its way up again.

Posted by prudentinvestor > 2024-02-02 11:48 | Report Abuse

Correction so short. So fast on uptrend again!

Posted by Diamond7 > 2024-02-02 13:44 | Report Abuse

Long term BULL

Up ten cents
Down 5 cents
Long term...trending up!

Can it touch 6.50/7.00/8.00/9.00/10.00

Or 20/30
Let's wait patiently
Wait ten years!

Posted by Diamond7 > 2024-02-02 13:54 | Report Abuse

Cash in hand per share RM3.10

Posted by prudentinvestor > 2024-02-02 21:30 | Report Abuse

Investors are puzzled why the company keeps so much cash for. If it doesn't know what to do with the cash, then it should distribute it out as dividends.

Posted by speakup > 2024-02-02 22:37 | Report Abuse

Many good hotels available for sale, provided the price is right. In the past few years we saw Ytl scooping up some hotels

Posted by prudentinvestor > 2024-02-03 16:28 | Report Abuse

If Keck Seng really wants to buy some hotels, it could have done so at the height of the pandemic when you could get them at fire sale prices.

Posted by Superdaddy > 2024-02-06 11:19 | Report Abuse

Need to shake off some tired bulls before proceeding further uptrend. Cheers!!!

Posted by prudentinvestor > 2024-02-07 11:46 | Report Abuse

Very, very few sellers around. Long term shareholders are unwilling to sell at this level. Offer at least RM10 a share to take it private.

Posted by speakup > 2024-02-07 12:36 | Report Abuse

All celebrate Cny already

Posted by Diamond7 > 2024-02-07 15:20 | Report Abuse

Quarterly report out on 24 th Feb
Exciting day...
Wait for goodies....

Posted by prudentinvestor > 2024-02-07 16:14 | Report Abuse

Goodies could include a final dividend which is several times higher than last year's level or a bonus issue which the company hasn't declared for over 10 years.

Posted by prudentinvestor > 2024-02-09 16:31 | Report Abuse

Volume very low. Just a few sellers could push its price down to RM5.50 again or several million ringgit could push its price up to RM7.

Posted by Diamond7 > 2024-02-11 06:37 | Report Abuse

JOHOR BARU: Johoreans of all races must work together to achieve the state's vision to be developed by 2030, says Datuk Onn Hafiz Ghazi.

The Johor Mentri Besar said the Year of the Dragon would be a good year for the state, especially with His Majesty Sultan Ibrahim, King of Malaysia, taking the reign as the Yang di-Pertuan Agong.

"This year, we have all kinds of plans for Johoreans as we strive to realise our vision of making Johor a developed state by 2030.

"Soon, the Rapid Transit System Link (RTS Link) will be completed, and we will also have a special economic zone (SEZ). These developments will bring positive growth to the state's economy.

Positive developments in JB! Properties n industrial land will sell well! Good for KSeng!

Posted by prudentinvestor > 2024-02-13 10:35 | Report Abuse

Ready to move north again after a short consolidation.

Posted by prudentinvestor > 2024-02-13 12:31 | Report Abuse

Wonder how many had seized the opportunity to buy Keck Seng when it dipped below RM5.60 a week ago.

Posted by Superdaddy > 2024-02-14 23:11 | Report Abuse

Holding pretty well despite some continuous selling pressures. Cheers !!!

Posted by prudentinvestor > 2024-02-15 20:53 | Report Abuse

Should soon reach its record high of RM 7.97 set over 10 years ago.

Posted by Superdaddy > 2024-02-22 18:22 | Report Abuse

Holding pretty well despite some selling pressures fr impatient holders. Cheers for a great year ahead!!!

Posted by Superdaddy > 2024-02-27 17:27 | Report Abuse

Another great set of quarterly results fr Kseng. Net profit increased by 175pct compared to previous quarter with earning of 26cts per share. NTA standing at Rm7.62 . Will hold on firmly to this great company despite current selling onslaught. Cheers!!!

Posted by prudentinvestor > 2024-02-27 18:11 | Report Abuse

Gosh! Made so much money. Time to declare a dividend of over 30 sen a share and a bonus issue.

Posted by prudentinvestor > 2024-02-27 20:21 | Report Abuse

Read the notes to the 4th quarter report, management is very positive about this year's financial results. Conclusion : hold Keck Seng.

Posted by prudentinvestor > 2024-02-28 11:08 | Report Abuse

Those expecting a bumper dividend from Keck Seng might be disappointed when the quantum of final dividend is announced.