Posted by calvintaneng > 2018-12-26 12:59 | Report Abuse

Tipster

I went to check up on Eksons latest report

These are some facts

1) Eksons investment securities are the same. They did not buy more or sell. Price has gone up due to weak ringgit which is good

2) Eksons management has even increased putting MORE CASH INTO BANK FD
This is an extremely wise move to protect capital for shareholders

3) With so much CASH OVERFLOWING I think another 5 sen or more dividend can be expected for year 2019. That will be almost 7% yield

Posted by calvintaneng > 2019-01-01 21:59 | Report Abuse

Happy New Year

Posted by Tipster > 2019-01-02 17:17 | Report Abuse

Most of their profits are from interest income n unrealised gains from forex / securities. Profits from main business is miniscule... Unless that can be improved

Posted by Tipster > 2019-01-02 17:18 | Report Abuse

Hopefully it can with their new property development but seems like the property market is already saturated as widely reported...

Posted by Tipster > 2019-01-02 17:24 | Report Abuse

Eksons do not have a sustainable property projects, after completion of Atmosphere, have to wait long long to start another project

Posted by Tipster > 2019-01-02 17:28 | Report Abuse

They have went many years without any dividend before. I have became wary in adding my position to them...

Posted by Tipster > 2019-01-02 17:28 | Report Abuse

Time seems bad now...

Posted by calvintaneng > 2019-01-08 13:50 | Report Abuse

WAHAHA!

https://klse.i3investor.com/servlets/forum/600189233.jsp

Posted by calvintaneng > 2019-01-08 13:54 | Report Abuse

EKSONS = EXCEPTIONAL VALUE

HOHOHO!!!

https://klse.i3investor.com/servlets/forum/600189233.jsp

Posted by Tipster > 2019-01-15 12:12 | Report Abuse

If the major shareholders want to take it private, it can be done easily... but why are they not? Less than 50% public shareholdings, i.e. 80 million shares. Lets say @ RM1.50, it only cost them RM 120 million but there is more than RM 150 million cold hard cash in their bank...

Posted by Tipster > 2019-01-15 12:13 | Report Abuse

Maybe business prospects are deteriorating?

Posted by calvintaneng > 2019-01-18 11:54 | Report Abuse

Very good.

Interest rate going up is excellent for Eksons holding 93 sen net cash

Posted by Tipster > 2019-01-18 18:49 | Report Abuse

What cash? They are squandering the monies in share markets

Posted by calvintaneng > 2019-01-18 20:43 | Report Abuse

Go check the balance sheet

Eksons stopped adding more investment in shares. It has parked even more cash in FD

As for share price going up? It is a bonus due to weaker ringgit since invested in shares of foreign countries

Now nothing wrong in investment securities. Both Ptaras and Kesm also invested in shares

As long as management did not siphon money but keep true then perfectly safe?

Perfectly safe?

1. Directors bought Eksons shares with own hard earned money shows confidence

2. Declaring dividends indicate better times ahead

Posted by TheContrarian > 2019-01-18 23:56 | Report Abuse

Eksons invested in US equities not Malaysian equities.

Posted by Tipster > 2019-01-22 12:12 | Report Abuse

They should concentrate to improve the business & profitability of the co. using the monies available, whereby shareholders should have a say on it. Dabbling in share market is a no-no...

Do they have a qualified team to make sound judgement on these investments?
What kind of securities have they bought? Was it informed to the shareholders at large?
What if they are buying into lousy & junk bonds / securities?
Are they answerable to the shareholders for any investment lost?

1. Directors bought Eksons shares with own hard earned money shows confidence
Too small of a purchase to justify the confidence level.
2. Declaring dividends indicate better times ahead
This is the first dividend over the last 20 quarters. The last was in 2013. No consistency. Are we going to wait another 20 quarters to receive another 5 cents?

Posted by TheContrarian > 2019-01-22 13:18 | Report Abuse

They bought Facebook, Apple, Amazon, Netflix and Alphabet's Google shares.

Posted by Tipster > 2019-01-22 18:24 | Report Abuse

Haha.. How you know? If yes, worse, they got in at the peak... now all corrected..

Posted by calvintaneng > 2019-02-04 22:15 | Report Abuse

Happy New Year 2019

Posted by Tipster > 2019-02-18 08:54 | Report Abuse

It's jacked up on purpose... volume is insignificant...

Posted by Tipster > 2019-02-27 18:26 | Report Abuse

Gonneeee case....

Posted by Tipster > 2019-02-27 18:26 | Report Abuse

Poor QR...

Posted by sengsoon > 2019-02-28 12:49 | Report Abuse

it seems can not distribute a special dividend for a short term as all cash already arranged for a time deposit and invested in a stock market. has showed a very poor QR, better switch to other counters instead making an empty dream every day.

Posted by Tipster > 2019-02-28 14:45 | Report Abuse

They have distributed 20c before many years ago... Would be a stimulus if it really happens...

Posted by TheContrarian > 2019-03-05 00:14 | Report Abuse

Last year they gave 5 sen dividend.

Posted by Tipster > 2019-03-05 08:10 | Report Abuse

The dividend history is not attractive enough... not consistent...

Posted by Tipster > 2019-03-07 07:44 | Report Abuse

High NAV, high in cash... When are they sharing it with you?

Posted by shaoha17 > 2019-04-05 15:49 | Report Abuse

Bad economy, poor consumer sentiment, keep cash is better?

Posted by Tipster > 2019-05-15 11:35 | Report Abuse

Can even hear the mosquito fly pass in this counter... war time, boom time, happy time, good time, bad time... nothing will happen to this counter...

Posted by Tipster > 2019-05-30 09:09 | Report Abuse

They just used RM50 million in investment securities last quarter... revenue at RM2.5 million only... what the hell are the management doing?

Posted by ironcrowz > 2019-05-31 11:34 | Report Abuse

Eksons' timber business facing downturn, ample cash in it no where to use, so they invest in shares, so far making insignificant gain. But i'm not worry even if they lost all money investing in shares, their other liquid assets are more than enough, but do u think they will lose all without cutting loss?

Posted by Tipster > 2019-07-01 18:31 | Report Abuse

This year no dividend? ppppfffhhh...

Posted by YAPSS > 2019-11-19 23:04 | Report Abuse

YAPSS Quick Summary of Eksons Corporation Berhad:
https://www.yapss.com/forum/klse-forum/eksons-corporation-berhad-eksons-9016

Posted by Tipster > 2019-11-20 12:39 | Report Abuse

biz is bad... can they recover?

Posted by Tipster > 2019-12-04 19:07 | Report Abuse

For the rest of your investing life?

Posted by Tipster > 2019-12-23 11:55 | Report Abuse

The mosquito fly past also can hear....

Posted by Tipster > 2020-01-30 16:41 | Report Abuse

Another year...

Posted by apolloang > 2020-02-11 23:36 | Report Abuse

when 20cts? hahaha

Posted by gohku > 2020-02-12 23:06 | Report Abuse

The net cash of eksons is as high as Rm 0.75 per share and this is not counting its other assets, very difficult to get Rm 0.20, even if the market crash.

Posted by shareinvestor88 > Feb 12, 2020 10:49 PM | Report Abuse

Soon.... 20c

Posted by apolloang > 2020-02-13 23:45 | Report Abuse

u go buy 100 share then throw at 20cts 100 share lo....hahaha

Posted by Imthemalaysian > 2020-04-09 09:36 | Report Abuse

Buy hold or sell?

Posted by shareinvestor88 > 2020-04-12 00:03 | Report Abuse

40c , bye TP 20c

Posted by Yang Addison > 2020-05-13 13:38 | Report Abuse

any update？

Posted by shareinvestor88 > 2020-06-15 20:23 | Report Abuse

20c on the way

Posted by shareinvestor88 > 2020-06-30 19:24 | Report Abuse

QTR report good , can bye at 20c

Posted by calvintaneng > 2020-06-30 22:03 | Report Abuse

Not too bad as substantial monies are invested
Still in high net cash position

As Usd goes into Usd1 trillion infrastructure jobs for building roads, highways ports and airports demand for ekson plywood will increase

Also sales of property should be better after govt relaxed housing rules

A 1% treasury dividend in specie is appetizer
More might come if property and plywood sales rebound

Posted by Tipster > 2020-07-01 08:19 | Report Abuse

Long long road ahead... hope it won't bankrupt before the rebound...

Posted by Tipster > 2020-07-01 10:12 | Report Abuse

Giving out treasury shares not in favour by many...

Posted by calvintaneng > 2020-07-01 11:00 | Report Abuse

At least they give even though making losses

Bj corp made lots but gave nothing instead they bought inflated singer shares

Ekson in better times even gave a 20 sen dividend

Posted by calvintaneng > 2020-07-03 15:45 | Report Abuse

Who so clever bought at 54 sen?

Really smart

Can buy at 54 sen with a company of net cash alone over 70 sen?

And net asset over Rm2. 00?

Only in Malaysia got this kind of bargains!!!