K. SENG SENG CORPORATION BHD

KLSE (MYR): KSSC (5192)

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Last Price

0.88

Today's Change

0.00 (0.00%)

Day's Change

0.855 - 0.88

Trading Volume

547,000


3 people like this.

1,214 comment(s). Last comment by Lee Ying Yee 2017-07-21 13:55

Posted by ruthlim388 > 2020-12-03 16:58 | Report Abuse

Fabrication

dompeilee

11,888 posts

Posted by dompeilee > 2020-12-03 18:19 | Report Abuse

dompeilee Speculatively bought some KSSC @ 51.5c this morning
03/12/2020 10:03 AM

Yes, + 36.6% intraday is pretty FANTASTIC! =)

SEE_Research

4,653 posts

Posted by SEE_Research > 2020-12-03 20:15 | Report Abuse

SEE_Research SEE_Research

HAVE GREAT OPPORTUNITIES WHEN YOU COMMENCE TO COLLECT ON THIS PARTICULAR STOCK,
POTENTIAL FOR LIMIT UP.

=============================================
KSSC /5192

Pls commence to collect on
(i) RM 0.54
The above price falls in the category with strong margin of safety.

Strong catalyst - - -
as private placements on the 20% share base
to raise
RM 9.6 millions by end 30 October 2020
Private placements to high net worth individuals
Proposed price for private placements
RM 0.50 per lot

Price target RM 0.85 to RM 1.00

Profit target 55 % to 85 %,
By 30 October 2020 ( that is more conservative)

The second catalyst is HLT
zoom to limit up
on 14 September 2020
and 15 September 2020
( 2 days in a row)

HLT (bigger) is the rubber gloves dipping lines systems
KSSC is the smaller glove dipping lines systems
In KLSE, only 2 listed glove dipping lines systems.

===========================================
17/09/2020 5:56 AM
X
SEE_Research NEW ISSUE OF SECURITIES
(CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING K. SENG SENG CORPORATION BERHAD ("KSSC" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 20.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF KSSC PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT")
K.SENG SENG CORPORATION BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description K. SENG SENG CORPORATION BERHAD ("KSSC" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 20.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF KSSC PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT")
We refer to the announcements dated 25 August 2020 and 2 September 2020 in relation to the Proposed Private Placement. Unless otherwise defined, the definitions set out in the previous announcements shall apply herein.



On behalf of the Board, UOBKH wishes to announce that the listing application in relation to the Proposed Private Placement has been submitted to Bursa Securities on 3 September 2020.





This announcement is dated 3 September 2020.
17/09/2020 6:06 AM

targetinvest

2,648 posts

Posted by targetinvest > 2020-12-04 00:48 | Report Abuse

Boombastic up already lo

Boom boom boom..

davidkkw79

5,068 posts

Posted by davidkkw79 > 2020-12-04 12:23 | Report Abuse

Damn... tak sempat to sell out, my cost at high floor

dompeilee

11,888 posts

Posted by dompeilee > 2020-12-04 14:20 | Report Abuse

Big shakeout 2day!

Posted by Akino qiu shou > 2020-12-05 06:28 | Report Abuse

This counter has only 96 million ticket. Very easy to goreng if they want to.

SEE_Research

4,653 posts

Posted by SEE_Research > 2020-12-05 17:32 | Report Abuse

KSSC
0.625
-0.065 (-9.4%)
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING K. SENG SENG CORPORATION BERHAD ("KSSC" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 20.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF KSSC PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT")
K.SENG SENG CORPORATION BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
K. SENG SENG CORPORATION BERHAD ("KSSC" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 20.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF KSSC PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT")
We refer to the announcements dated 25 August 2020, 2 September 2020, 3 September 2020 and 7 September 2020 in relation to the Proposed Private Placement (“Previous Announcements”). Unless otherwise defined, the definitions set out in the Previous Announcements shall apply herein.



On behalf of the Board, UOBKH wishes to announce that the Board has resolved to fix the issue price for the Private Placement at RM0.58 per Placement Share.



The issue price of RM0.58 represents a discount of RM0.06 or approximately 9.45% to the 5-day VWAP of KSSC Shares up to and including 3 December 2020, being the market day immediately preceding the price-fixing date of RM0.6405.





This announcement is dated 4 December 2020.

SEE_Research

4,653 posts

Posted by SEE_Research > 2020-12-05 19:40 | Report Abuse

Qiu Shou Dong Cang This counter has only 96 million ticket. Very easy to goreng if they want to.
05/12/2020 6:28 AM

SEE_Research

A. Actually the market is not 96,000 lots,
Less main top 2 shareholders
(cumulative total about 60 %)
who are in the management team, the outside market float is less than 40%=
38,000 lots or less in the market place, as mentioned Qiu Shou Doug Cang,
very easy to excite the buying influence on this limited number of free float,
Just be patient, the private placement is a strong catalyst for the uptrend, plus the
iron + steel theme in current place.

For your better understanding, as the invited as private placement receivers, they are assured of
70 % to 100% upwards,
Meaning upwards of RM 0.42 to RM 0.58,
Translate to upwards,
Target Prices range =RM 1.00 to RM 1.20.
Just be patient, for January 2021.

Strong support is at RM0.58 level.

Posted by StockHunters > 2020-12-06 22:35 | Report Abuse

let it drop to 0.58-0.59.

I am waiting to top-up 300k units.

there will be a healthy pullback for a further uptrend.

air01557

2,511 posts

Posted by air01557 > 2020-12-07 11:41 | Report Abuse

Will challenge last Thursday's high at 0.76 soon. Time to accumulate.

SEE_Research

4,653 posts

Posted by SEE_Research > 2020-12-07 20:52 | Report Abuse

air01557 Will challenge last Thursday's high at 0.76 soon. Time to accumulate.
07/12/2020 11:41 AM

To:
air01557
KSSC /5192
It will challenge this cycle high of RM 0.76
and ride thru and closing higher than RM 0.76, just be patient.

awesome20

1,186 posts

Posted by awesome20 > 2020-12-07 20:53 | Report Abuse

up or down soon?

Posted by David Coperfield > 2020-12-08 00:43 | Report Abuse

UP LAH

air01557

2,511 posts

Posted by air01557 > 2020-12-08 09:53 | Report Abuse

Yes SEE, I am waiting for it to break 0.76, probably tomorrow

johotin88

385 posts

Posted by johotin88 > 2020-12-08 11:15 | Report Abuse

Sure? I see like there's some distribution going on but I might be wrong of course.

hng33

20,073 posts

Posted by hng33 > 2020-12-08 12:03 | Report Abuse

bought kssc at 63sen

dompeilee

11,888 posts

Posted by dompeilee > 2020-12-09 10:11 | Report Abuse

dompeilee Speculatively bought some KSSC @ 51.5c this morning
03/12/2020 10:03 AM


Moving UP again....oh yeah!

air01557

2,511 posts

Posted by air01557 > 2020-12-09 11:33 | Report Abuse

Should surpass 0.70 soon

hng33

20,073 posts

Posted by hng33 > 2020-12-09 15:29 | Report Abuse

add balance margin to kssc at 65.5-66sen

johotin88

385 posts

Posted by johotin88 > 2020-12-09 16:55 | Report Abuse

Poor closing.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2020-12-09 22:14 | Report Abuse

buy high sell low !

boheng

27 posts

Posted by boheng > 2020-12-14 22:32 | Report Abuse

what happen to this stock? close so low

Hl123456

221 posts

Posted by Hl123456 > 2020-12-15 01:43 | Report Abuse

How come pp is higher than market price..

boheng

27 posts

Posted by boheng > 2020-12-15 10:19 | Report Abuse

i am stuck at high floor

Hl123456

221 posts

Posted by Hl123456 > 2020-12-15 21:17 | Report Abuse

Me too .no choice hv to wait it up. Hopefully soon

boheng

27 posts

Posted by boheng > 2020-12-16 00:57 | Report Abuse

i sold 40% cut loss already

hng33

20,073 posts

Posted by hng33 > 2020-12-16 09:26 | Report Abuse

add kssc at 56-57sen

hng33

20,073 posts

Posted by hng33 > 2020-12-16 10:30 | Report Abuse

kssc is indirect proxy to glove industries through its wholly own subsidiary KSG engineering. KSG is built, installed and commissioned dipping lines for topglove, kossan and riverstone. It will enjoy massive earning growth in accord to aggressive glove expansions capacity by glove manufacture.

boheng

27 posts

Posted by boheng > 2020-12-16 15:59 | Report Abuse

meaning this stock can hold?

davidkkw79

5,068 posts

Posted by davidkkw79 > 2020-12-16 19:29 | Report Abuse

suprising u guys still can hold this stock.... back to 50 sen below soon. Not scared ?

DickyMe

14,694 posts

Posted by DickyMe > 2020-12-16 19:35 | Report Abuse

What happened to this stock? Once upon a time above RM 5.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2020-12-17 15:03 | Report Abuse

U must be kidding me ? Once upon a time it was RM50.

SWT1988

1,340 posts

Posted by SWT1988 > 2020-12-17 20:06 | Report Abuse

Going to collect below 0.50 again for this round

johotin88

385 posts

Posted by johotin88 > 2020-12-18 12:30 | Report Abuse

Who purchased PP shares at 0.58 which is much higher than the trading price now? ?

davidkkw79

5,068 posts

Posted by davidkkw79 > 2020-12-22 09:29 | Report Abuse

mari mari back to 50 sen lor, next resistant is 0.42

Posted by nickcome508 > 2020-12-22 10:00 | Report Abuse

dont know what is your prob here David, always very negative. If that happens, avg down lo. All depends on the market...

Posted by nickcome508 > 2020-12-24 09:36 | Report Abuse

"Malaysia imposes anti-dumping duties on flat-rolled steel from China, South Korea, Vietnam," the edge

kkl123

1,499 posts

Posted by kkl123 > 2020-12-29 10:51 | Report Abuse

coming qr huge profits
only 100m nosh
will give bonus and free warrant
tp $2

Posted by nickcome508 > 2020-12-29 16:17 | Report Abuse

hopefully KK, finger crossed...

SWT1988

1,340 posts

Posted by SWT1988 > 2020-12-29 19:58 | Report Abuse

Look like start garang this few days

dompeilee

11,888 posts

Posted by dompeilee > 2020-12-30 09:44 | Report Abuse

dompeilee Speculatively bought some KSSC @ 51.5c this morning
03/12/2020 10:03 AM

SOLD KSSC @ 61c

andr

457 posts

Posted by andr > 2020-12-30 10:59 | Report Abuse

BBB

kkl123

1,499 posts

Posted by kkl123 > 2020-12-30 18:14 | Report Abuse

dompeilee
if you are not buy back you will be regreted in your life time

kkl123

1,499 posts

Posted by kkl123 > 2020-12-30 18:15 | Report Abuse

buy back tomorrow 9.0am take anyprice

CWKS

114 posts

Posted by CWKS > 2021-01-02 12:02 | Report Abuse

Thanks Kkl123, hope it will come to what u meant ... get angpao for CNY

Posted by nickcome508 > 2021-01-07 20:06 | Report Abuse

any idea any1, 3rd private placement again....

Hl123456

221 posts

Posted by Hl123456 > 2021-01-09 02:06 | Report Abuse

Yes am curious seems this is the 3rd pp. they might be planning something...

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