KENANGA INVESTMENT BANK BERHAD

KLSE (MYR): KENANGA (6483)

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Last Price

1.07

Today's Change

-0.01 (0.93%)

Day's Change

1.07 - 1.08

Trading Volume

909,200


6 people like this.

865 comment(s). Last comment by M55555 4 weeks ago

AmstrongKL

271 posts

Posted by AmstrongKL > 2017-08-04 01:01 | Report Abuse

Common sense, if it is good, it won't be selling at 53¢. Bursa counters are for speculation. If you want investment counter, go buy oversea counters lah. :I

harry_7

467 posts

Posted by harry_7 > 2017-08-18 19:54 | Report Abuse

i have sold all already... fed up...

4444

1,795 posts

Posted by 4444 > 2017-08-20 22:42 | Report Abuse

Why Deustch Bank must dispose almost every day? Poor QR coming shorting wrong counters? Even TA Ent can do well why no 1 broking firm Kenanga cannot?

kakashit

1,472 posts

Posted by kakashit > 2017-10-03 10:50 | Report Abuse

Why bother Deustch bank, as Peter Lynch said:"there are many reasons to sell, but only one reason to buy, which is capital gain."

So far the non-exec John Curtis is buying :)

Posted by pakatan_harapan2 > 2017-11-26 18:30 | Report Abuse

Kuok: There are ‘very big crooks’ among Chinese
Read more at https://www.thestar.com.my/news/nation/2017/11/26/kuok-there-are-very-big-crooks-among-chinese/#vgkbKeZwykrI11gi.99

newbie5354

544 posts

Posted by newbie5354 > 2017-11-29 15:22 | Report Abuse

Pay 55 sen can get dividend 3 sen a year?

4444

1,795 posts

Posted by 4444 > 2017-12-15 17:41 | Report Abuse

14-Dec-2017 Insider Notice of ceasing to be substantial holder - DEUTSCHE ASIA PACIFIC HOLDINGS PTE LTD on 12-Dec-2017.
https://klse.i3investor.com/quoteservlet.jsp?sa=ss&q=KENANGA

4444

1,795 posts

Posted by 4444 > 2017-12-15 17:43 | Report Abuse

Why DEUTSCHE no more 5% shareholder? Cannot stand no1 stock manipulator? Short simply not consider loss?

4444

1,795 posts

Posted by 4444 > 2017-12-16 13:01 | Report Abuse

15-Dec-2017 Insider Notice of ceasing to be substantial holder - DEUTSCHE BANK AG on 12-Dec-2017.
https://klse.i3investor.com/servlets/forum/800001166.jsp

4444

1,795 posts

Posted by 4444 > 2017-12-16 13:09 | Report Abuse

Bursa no 1 stock manupulator not no 1 stock adviser. Ask Deutsch Bank the answer not Tajuddin Atan.

Posted by newbie_2018 > 2018-01-23 12:11 | Report Abuse

sifus I am newbie. How to know broker A is better than better B? Where to see their rankings?

Posted by Lim Wun Pin > 2018-03-01 09:10 | Report Abuse

Please throw this stock, bleeding stock, TP 0.20

baccarat

673 posts

Posted by baccarat > 2018-03-01 09:20 | Report Abuse

Lousy executive & staff. Pay to talk whatever follow money direction.

Posted by Lim Wun Pin > 2018-03-01 13:28 | Report Abuse

Yes, please throw this stock!! Rubbish lousy executive & staff !! TP until 20 sen! Let him 先 Die !!

Posted by Lim Wun Pin > 2018-03-01 13:29 | Report Abuse

now 0.595 ady , all throwing ady!!

kakashit

1,472 posts

Posted by kakashit > 2018-03-13 15:31 | Report Abuse

DengQ, i still wn to buy more

ejtic

256 posts

Posted by ejtic > 2018-03-15 16:02 | Report Abuse

Proposed dividend 3 cents. Not bad. At least better than last FY

azfar8

892 posts

Posted by azfar8 > 2018-03-15 18:05 | Report Abuse

Kenanga? Useless broker... monthly volume and value traded among top 4. But not moving forward. Recent quarter report superb, but not moving past 0.70. It show that kenanga is not a fund managers' pick...

Sin_Chew

27 posts

Posted by Sin_Chew > 2018-03-21 14:29 | Report Abuse

Agree. I want to be Rakuten client but their staff bad EQ on MediaC(Sell) coverage today deter me.

azfar8 Kenanga? Useless broker... monthly volume and value traded among top 4. But not moving forward. Recent quarter report superb, but not moving past 0.70. It show that kenanga is not a fund managers' pick...
15/03/2018 18:05

azfar8

892 posts

Posted by azfar8 > 2018-03-21 15:56 | Report Abuse

eh, what happen in mediac? takeover?

Uary Jan

30 posts

Posted by Uary Jan > 2018-04-06 15:31 | Report Abuse

When will announce dividend ?

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-04-09 16:12 | Report Abuse

Kayak.

dompeilee

11,888 posts

Posted by Yong Chun Wah > 2018-06-07 07:38 | Report Abuse

ESOS is worthless unless above 63sen. :)


OTHERS Kenanga Investment Bank Berhad ("KIBB") - Offer of Options under the Employees' Shares Option Scheme of KIBB

KENANGA INVESTMENT BANK BERHAD


Type Announcement
Subject OTHERS

Description Kenanga Investment Bank Berhad ("KIBB")
- Offer of Options under the Employees' Shares Option Scheme of KIBB




Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of KIBB wishes to announce that KIBB has made an offer of options under the Employees’ Share Option Scheme (“ESOS”) to the Group Managing Director of KIBB, Datuk Chay Wai Leong, to subscribe for new ordinary shares in KIBB under the ESOS. The details of such offer are as follows:

No. Description Date / Amount
1. Date of Offer of Options 31 May 2018
2. Exercise Price of Options Offered RM0.630
3. Number of Options Offered 10,000,000
4. Closing Market Price of the Shares on the Date of Offer RM0.595
5. Vesting Period of the Options Offered Annual vesting from 2019 to 2021

This announcement is dated 31 May 2018.

Posted by Yong Chun Wah > 2018-06-07 07:39 | Report Abuse

The share countinues to rise, the ESOS will be valuable soon. ESOS is worthless unless above 63sen. :)


OTHERS Kenanga Investment Bank Berhad ("KIBB") - Offer of Options under the Employees' Shares Option Scheme of KIBB

KENANGA INVESTMENT BANK BERHAD


Type Announcement
Subject OTHERS

Description Kenanga Investment Bank Berhad ("KIBB")
- Offer of Options under the Employees' Shares Option Scheme of KIBB




Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of KIBB wishes to announce that KIBB has made an offer of options under the Employees’ Share Option Scheme (“ESOS”) to the Group Managing Director of KIBB, Datuk Chay Wai Leong, to subscribe for new ordinary shares in KIBB under the ESOS. The details of such offer are as follows:

No. Description Date / Amount
1. Date of Offer of Options 31 May 2018
2. Exercise Price of Options Offered RM0.630
3. Number of Options Offered 10,000,000
4. Closing Market Price of the Shares on the Date of Offer RM0.595
5. Vesting Period of the Options Offered Annual vesting from 2019 to 2021

This announcement is dated 31 May 2018.

Posted by Yong Chun Wah > 2018-06-07 07:42 | Report Abuse

Don't miss this opportunity, continuous share buyback after GE14, undervalued? :)

06 Jun 2018 KENANGA INVESTMENT BANK BERHAD Immediate Announcement on Shares Buy Back

05 Jun 2018 KENANGA INVESTMENT BANK BERHAD Immediate Announcement on Shares Buy Back

04 Jun 2018 KENANGA INVESTMENT BANK BERHAD Immediate Announcement on Shares Buy Back


23 May 2018 KENANGA INVESTMENT BANK BERHAD Immediate Announcement on Shares Buy Back

22 May 2018 KENANGA INVESTMENT BANK BERHAD Immediate Announcement on Shares Buy Back

21 May 2018 KENANGA INVESTMENT BANK BERHAD Immediate Announcement on Shares Buy Back

21 May 2018 KENANGA INVESTMENT BANK BERHAD OTHERS
Proposed acquisition of the identified stockbroking business-related assets, liabilities and contractual arrangements of Inter-Pacific Securities Sdn Bhd ("Interpac Securities") ("Proposed Acquisition")

18 May 2018 KENANGA INVESTMENT BANK BERHAD Immediate Announcement on Shares Buy Back

17 May 2018 KENANGA INVESTMENT BANK BERHAD Immediate Announcement on Shares Buy Back


15 May 2018 KENANGA INVESTMENT BANK BERHAD Immediate Announcement on Shares Buy Back

Posted by Yong Chun Wah > 2018-06-07 08:50 | Report Abuse

buyback more undervalued share and distribute the treasury shares to the shareholders later like other listed companies. Profit is also rising rapidly. :)

Wednesday, 16 May 2018

6:28PM KENANGA 1Q net profit 15.436 million (increased 703.12%)

Posted by Yong Chun Wah > 2018-06-07 09:37 | Report Abuse

1Q net profit increased by 700%+ and share buyback continues, share price should rise further :)

Posted by Yong Chun Wah > 2018-06-07 09:38 | Report Abuse

partnership with rakuten bears fruits :)

Posted by Yong Chun Wah > 2018-06-07 09:53 | Report Abuse

fruitful now based on the Q1 net profit, :)

By NST Business - March 8, 2018 @ 7:09pm
KUALA LUMPUR: Rakuten Trade Sdn Bhd, a joint venture company (JVC) of Kenanga Investment Bank Bhd and Japan’s Rakuten Securities Inc. (Rakuten Sec), was named FinTech Company of the Year at the recently held Malaysia FinTech Awards 2018.

Rakuten Trade is Malaysia’s first completely online equity broker and extends trading services including the iSPEED.my app, a localised version of Japan’s leading mobile app developed by Rakuten Sec.


Its web and mobile based trading services offer clients a fully digital trading experience from account opening, execution, settlement of trade, research and trading ideas as well as rewards and financial knowledge.

“Rakuten Trade is the result of the first overseas collaboration for Rakuten Securities. Having opened its doors to Malaysians in May last year, Rakuten Trade has since grown in leaps and bounds in under a year.

"It has exceeded our expectations and is striving to continuously excel,” said Rakuten Sec president Yuji Kusunoki of the win.

The award was presented to Rakuten Trade in recognition of being a FinTech company that had successfully seized a real opportunity to change the industry, satisfied a real market need through its unique value propositions, found a balance between cost and benefits and was able to extend its products and services to successfully reach the marketplace.

Almost 90 companies were nominated for the Malaysia Fintech Awards 2018 out of which 43 were shortlisted in 13 categories.

Rakuten Trade holds a Capital Markets Services License from the Securities Commission that enables it to deal in listed securities and provide investment advice.

Posted by Yong Chun Wah > 2018-06-07 14:25 | Report Abuse

hopefully it becomes a reality few months down the road :)

Kenanga in talks to buy Interpac
CORPORATE NEWS
Tuesday, 22 May 2018

By Izwan Idris


It will result in one of the largest stockbrokers in Malaysia

PETALING JAYA: Kenanga Investment Bank Bhd has begun talks to acquire the stockbroking business of Inter-Pacific Securities Sdn Bhd in a move that would create one of the largest stockbrokers in the country.

Kenanga Investment hopes to close the deal within six months.

“The potential acquisition would further strengthen Kenanga Investment’s leading position in the retail broking space to become the top-two largest stockbrokers in Malaysia, with a combined market share of over 10% and retail market share of about 25%,” group managing director Datuk Chay Wai Leong said in a statement yesterday.

The firm, in a separate filing with Bursa Malaysia yesterday, said Bank Negara, in a letter dated May 16, stated that it had no objection to Kenanga Investment commencing negotiations with Inter-Pacific Securities to acquire its stockbroking business-related assets, liabilities and contractual arrangements.


“The proposed acquisition will be financed by shares of Kenanga Investment and cash,” it said.

No details on the value of the deal were made available in the announcement yesterday.

“We will make further announcements as and when there are material developments pertaining to the proposed acquisition,” it added.

Kenanga Investment, founded in 1973, offers a wide range of financial services. It operates through 32 branches nationwide and boasts of the largest remisier network in the country.

Inter-Pacific Securities, meanwhile, was established in 1972 and has five branches across Kuala Lumpur, Penang and Johor Baru and a paid-up capital of RM250mil.

“Inter-Pacific Securities is a reputable and well-established independent stockbroking company, with a robust track record and strong retail focus,” Chay said.

“We are looking forward to a smooth and fruitful negotiation process, and aim to conclude within the next six months,” Chay added.

Kenanga Investment made a pre-tax profit of RM23.6mil on revenue of RM182mil in the first quarter ended March 31, 2018.

The increase was mainly due to bad debt recovery from a court case settlement and higher net brokerage and management fees income generated, the company said last week.

Its stockbroking business generated a pre-tax profit of RM11.8mil, while its investment banking activities contributed RM2.7mil.

The group said last week that it expects to perform “better” this year amid a buoyant outlook for the stock market for the rest of the year.

The daily trading value of shares on Bursa Malaysia averaged around RM4.9bil in the first quarter.

In a related development, digital equites trader Rakuten Trade Sdn Bhd announced that it has over 12,000 clients, of which over 40% were first-timers to the equity broking market in Malaysia.

Rakuten Trade managing director Kaoru Arai said almost 80% of its clients are below the age of 40 and most of them are active traders.

“The company’s growth was also due to the support received from both Kenanga Investment Bank Bhd, Rakuten Securities Inc, local regulators, business partners and Rakuten Trade employees,” he said in a statement.

Rakuten Trade is a joint venture between Japan’s Rakuten Securities Inc and Kenanga Investment.

Moving forward, Rakuten Securities president Yuji Kusunoki and Arai announced that the platform would soon launch a contra trading facility as its second product, which would complement the existing cash upfront facility.

Rakuten Trade also attributed its client appeal on its Rewards Eco System, the first of its kind in Malaysia, which offered access to three of the country’s biggest loyalty points providers, AirAsia BIG, B Infinite (part of Berjaya Group) and BonusLink, under one platform.

Vict

113 posts

Posted by Vict > 2018-06-08 11:29 | Report Abuse

Good potential to rise further. Share buyback by the company, group MD's options is worthless if below 63sen, pending acquisition of another firm, rising profit, etc. Grab some :)

Posted by Yong Chun Wah > 2018-06-08 14:37 | Report Abuse

after GE14, share buyback non-stop :)

07-Jun-2018 07-Jun-2018 Buyback 100,000 0.625 0.635 View Detail
06-Jun-2018 06-Jun-2018 Buyback 230,000 0.610 0.635 View Detail
05-Jun-2018 05-Jun-2018 Buyback 50,000 0.600 0.610 View Detail
04-Jun-2018 04-Jun-2018 Buyback 100,000 0.605 0.610 View Detail
23-May-2018 23-May-2018 Buyback 85,600 0.590 0.600 View Detail
22-May-2018 22-May-2018 Buyback 138,100 0.600 0.615 View Detail
21-May-2018 23-May-2018 Buyback 423,700 0.590 0.635 View Detail
21-May-2018 21-May-2018 Buyback 200,000 0.630 0.635 View Detail
18-May-2018 18-May-2018 Buyback 199,400 0.630 0.640 View Detail
17-May-2018 17-May-2018 Buyback 300,000 0.625 0.640 View Detail
15-May-2018 18-May-2018 Buyback 699,400 0.605 0.640 View Detail
15-May-2018 15-May-2018 Buyback 200,000 0.605 0.620

Vict

113 posts

Posted by Vict > 2018-06-08 15:21 | Report Abuse

Higher share price is advantageous to the company if the company uses its share for acquisition :)

Kenanga Investment Bank Bhd has gotten the greenlight from Bank Negara Malaysia to commence negotiation to buy out Inter-Pacific Securities Sdn Bhd’s stockbroking business. The Central Bank states no objection for it to commence negotiations with InterPacific Securities on the proposed acquisition of the latter’s assets, liabilities and contractual arrangements. It, however, did not detail the potential value of the acquisition, but said it will be financed by ways of shares and cash. (The Edge Daily)

Posted by 641003025255 > 2018-06-14 09:19 | Report Abuse

1.00 comming

dinghai

108 posts

Posted by dinghai > 2018-07-05 07:58 | Report Abuse

Strong movement these days...

Nissy

20 posts

Posted by Nissy > 2018-07-05 13:37 | Report Abuse

Buyback stock...

Jack888

834 posts

Posted by Jack888 > 2018-08-02 07:48 | Report Abuse

RCE Cap sudah naik ... bila awak nak ikut ?

Posted by William Tan > 2018-08-03 10:56 | Report Abuse

bila kenanga naik?

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-06 10:20 | Report Abuse

buy now and reward later

zhen wei & JP

1,169 posts

Posted by zhen wei & JP > 2018-08-06 21:08 | Report Abuse

Interpac one of the heavy risk taker in bursa.
Up & down drastically.

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-27 10:51 | Report Abuse

This stock become stronger and stronger, worth to invest

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-27 11:13 | Report Abuse

Time to collect profit, hehehe thanksss

Posted by British_better > 2018-08-31 08:47 | Report Abuse

Buy.

AmstrongKL

271 posts

Posted by AmstrongKL > 2018-09-06 01:30 | Report Abuse

Looking for better online trading and thought that Rakuten must be a good broking platform because it is a Japanese company. Go check out the apps comments only found that it is a lousy apps. Why good things, when come to Bolehland, everything changed. :/

zhen wei & JP

1,169 posts

Posted by zhen wei & JP > 2018-09-17 13:05 | Report Abuse

Good at PC , but weak at mobile.

Kentreade is ok, if they could reduce the fee's
More customer will move in.

When come to trading , every seconds & cents count.

zhen wei & JP

1,169 posts

Posted by zhen wei & JP > 2018-09-21 23:38 | Report Abuse

https://www.theedgemarkets.com/article/mercury-securities-merge-apex-rm140m-deal

Mercury Securities to merge with Apex in RM140m deal

Posted by AnwarBestFM > 2018-10-11 15:24 | Report Abuse

Close Kenanga Anwar PM?

speakup

25,079 posts

Posted by speakup > 2018-11-01 10:08 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/11/01/kenangainterpac-deal-is-off/
Kenanga's missed opportunity. Regret later

5354_

4,599 posts

Posted by 5354_ > 2018-11-10 04:41 | Report Abuse

Everything under control incl 0 volume?

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