entered today at RM0.525. thank you whoever sell to me, can't believe I can get all matched ^_^ this stock is so undervalue. NET CASH with high NTA discount. should get a very good privatization offer
Ken Holdings Bhd is engaged in investment holding and the provision of management services. The company operates through three segments: Construction, Property Development, and Property Investment. The Construction segment offers specialist engineering services, turnkey contracts, building and civil and engineering works, land reclamation, dredging, and marine and civil engineering. The Property Development segment which drives major revenue engages in the development of residential and commercial properties. The Property Investment segment involves the rental of investment property and car park management.
Time to take a look into KEN
1. KEN is a privatization target due to:
i. Undervalued according to the valuation from Morning Star which gives KEN a fair value of RM 1.03
ii. Net cash company
iii. High NTA of RM 1.93
2. Total NOSH about 192m and it's 87% controlled by top 30 shareholders and out from the 87% two of the biggest shareholders already own about 49.2%
3. KEN has solid fundamentals which shows that privatization is indeed a good idea
4. Volume has been growing steadily and chart is moving upwards could potentially indicates something might be happening
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
dompeilee
11,888 posts
Posted by dompeilee > 2021-05-21 15:24 | Report Abuse
KEN moooovviing....i hope my premium clients managed 2 buy some last week =)