KECK SENG (M) BHD

KLSE (MYR): KSENG (3476)

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Last Price

6.18

Today's Change

+0.01 (0.16%)

Day's Change

6.13 - 6.20

Trading Volume

121,500

Discussions
8 people like this. Showing 50 of 3,377 comments

prudentinvestor

Investors buy a counter for various reasons. Keck Seng investors are eyeing its grossly undervalue assets, the vast majority of which have not been revalued since the early 80s.

2 months ago

prudentinvestor

Ten years ago, Keck Seng had 9161 shareholders while those holding more than 100,000 shares held some 78.5% of its shareholdings. 5 years ago, the number of shareholders had decreased to 8032 while those holding more than 100,000 shares had increased their control of the company to 80.7%. Last year, its total shareholders further decreased to 6739 while those holding over 100,000 shares had increased their stakes to 83.1%.

2 months ago

Superdaddy

Wah, prudentinvestor you're truly amazing knowing the company shareholdings in such details. Cheers!!!

2 months ago

prudentinvestor

Just go through the company's annual reports. All the information is there. It took me less than 10 minutes to gather the info. It shows more and more small investors are getting frustrated with the company.

1 month ago

Diamond7

KUALA LUMPUR, May 10 — The Johor-Singapore Special Economic Zone (SEZ) could be a formidable competitive advantage in attracting fresh foreign direct investment (FDI) from multinational companies (MNCs).

This can be achieved by integrating Singapore’s global financial, logistics and advanced manufacturing capabilities with Johor’s access to competitive labour, abundant land and cheaper energy resources.

Maybank Investment Bank (Maybank IB) said Singapore enjoys wide and deep connectivity to global capital sources, while also serving as a gateway to the Asian markets, given unrivalled transport and trade links.

“MNCs are currently diversifying their supply chains away from China, and looking for alternative production bases as global competition for investments has intensified with rising impetus for countries to re-shore and friend-shore production.

“Against this backdrop, governments are looking to strengthen their competitive strengths to capitalise on this shift in supply chains and attract more foreign investments,” it said in a note today.

Maybank IB opined that there is scope for Singapore’s South-east Asia Manuf

Who has lots of industrial land?
kSeng....Pasir Gudang!

1 month ago

prudentinvestor

I don't have much confidence in the management. Just doubt if they would do their utmost to benefit small shareholders.

1 month ago

Superdaddy

There's a group of investors keep collecting whenever profit taking sets in. Cheers for further upside in this jewel soon ya.!!!

1 month ago

Diamond7

Super A1 stock
Angel stock..

Hidden gem!

1 month ago

Superdaddy

Wah, jz mentioned about half an hour ago already spike a bit. Cheers!!!

1 month ago

Superdaddy

Hopefully can hold above Rm6 level at close. Cheers!!!

1 month ago

prudentinvestor

Since scaling to a high of RM6.05 at the end of January, it has been trading at below RM6 all this while. It is revisiting RM6 again but still very far from its peak price of RM7.97 about ten and a half years ago.

1 month ago

Superdaddy

Unable to sustain abv Rm6 due to selling pressures. Anyway still a commendable closing up 20 cts. Cheers!!!

1 month ago

prudentinvestor

Hopefully the uptrend continues tomorrow. 等到头发都白了!

1 month ago

kohcl130562

With potential JB Singapore special economic zone, more upsides. The best is to take private

1 month ago

prudentinvestor

Revalue all assets. Its NTA could be easily higher than RM20 a share.

1 month ago

snowball2000

Start developing its land bank in JB, share price can propel beyond RM20 a share... ;P

1 month ago

ultranippon18

Congralution to all kseng shareholders finally rewarded after so long, especially prudentinvestor as I had pick up a lot advise from you. Thank you

1 month ago

prudentinvestor

My pleasure to share anything I know with fellow investors. At least 15% of my Keck Seng shares were bought around 30 years ago.

1 month ago

Superdaddy

Cheers bro!!!

1 month ago

Superdaddy

If not mistaken, its the first share I bought 30 years ago around Rm2.10 that time. Cheers!!!

1 month ago

prudentinvestor

Still looking very strong. It went up by around RM2.60 before it stopped for a breather during the last rally. Don't know when the spike would stop this time.

1 month ago

Superdaddy

Slow and steady climb will be much better ya. Cheers!!!

1 month ago

prudentinvestor

Hopefully it can climb to RM7.97 at least, its previous peak about ten and a half years ago before it takes a rest.

1 month ago

Diamond7

Insufficient media to cover this highly undervalue stock

PureBULL says
This is A1 stock...

We need PureBULL to highlight

JB theme play
No worries
Fund will soon know bout its value

Quarterly report coming out soon
This will reflect its value!

1 month ago

hoplanner

KS is selling land for Data Centres, prudent investor?

1 month ago

Diamond7

Looking for PureBULL
PureBULL.....come to KSeng station 💕

1 month ago

prudentinvestor

Keck Seng could be the top gainer today.

1 month ago

prudentinvestor

Crescendo Corp and Tropicana Corp have sold some parcels of land in Johor Bahru, not Keck Seng. Otherwise Keck Seng's share price will shoot through the roof.

1 month ago

prudentinvestor

Still able to hold on to its more than 9% gain over the past two days. Chance to move up further.

1 month ago

Diamond7

Kseng...
Is like a goose that lays golden eggs!
Hold tightly..
More to come!!!

HOLD TIGHT
HOLD TIGHT
More to come!.

1 month ago

prudentinvestor

Keck Seng spiked to almost RM8 ten and a half years ago. Property prices have appreciated by more than 50% over the past 10 years. At RM6.35, it is still 20% lower than its previous peak when it should have been 50% higher.

1 month ago

Diamond7

@ PureBULL
Why do u say KSeng is A1 stock?

How many acres of land does KSeng own in iskandar zone?
Where is it located?
What is the land cost?

Cash asset value?
Share asset value?
Hotel asset value?
Property investment value?
Property development value?

What is ,Ur prediction for the next financial years earning?

How strong is the future earning

1 month ago

Superdaddy

Good closing for the day. Holding quite well despite continuing profit taking activities . Cheers!!!

1 month ago

prudentinvestor

I am waiting for its price to surpass RM7.97 before the end of June.

1 month ago

prudentinvestor

Keck Seng should be doing well this year, may be even better than last year's record earnings. Houses are selling like hot cakes in JB these days.

1 month ago

prudentinvestor

Wow! Such a favourable write up by someone who really knows Keck Seng well. Should give its share price a big boost tomorrow morning. Grab everything at below RM6.50 first thing in the morning.

1 month ago

Superdaddy

Another commendable qtr of Rm49.5 mio profit. One of the best first quarterly results in recent years. More rooms for future growth. Cheers.!!!

1 month ago

prudentinvestor

The management only needs to use up less than 5% of Keck Seng's net cash to support its share price at RM10.

1 month ago

prudentinvestor

With its shares thinly traded, we often find its share price quite artificial.

4 weeks ago

compoundingeffect

KSENG Net Cash RM per share
1998 79.37 0.3029
1999 169.19 0.7
2000 109.05 0.452
2001 147.73 0.611
2002 139.65 0.578
2003 149.34 0.618
2004 155.19 0.643
2005 225.35 0.933
2006 188.85 0.782
2007 136.8 0.567
2008 256.13 1.06
2009 327.96 1.36
2010 666.26 2.76
2011 705 1.96
2012 746.91 2.07
2013 917.83 2.55
2014 720 2.00
2015 797.2 2.22
2016 790.43 2.2
2017 780.94 2.17
2018 704.29 1.96
2019 770.38 2.14
2020 706.18 1.96
2021 795.58 2.21
2022 1033.14 2.875
2023 1106.4 3.079
2024 1252.8 3.46

3 weeks ago

compoundingeffect

what can we conclude the cash/share keeps increasing year over year?

3 weeks ago

prudentinvestor

Won't complain about its performance this morning but it is still very far from the level I am expecting.

3 weeks ago

prudentinvestor

The last time Keck Seng declared a bonus issue was in 2011. It has enough reserves to declare a bonus of 3 for 1. High time to give a bonus of at least 1 for 1 while maintaining the dividend rate.

3 weeks ago

hoplanner

KSeng has large track of oil palm plantation in Ulu Tiram etc. Any Data Centre operators planning to nego to be built in of its landbanks?

2 weeks ago

prudentinvestor

All Johor Bahru based developers should be doing extremely well for the next few years. Just have a look at Crescendo Corporation Bhd's first quarterly earnings.

5 days ago

compoundingeffect

agree that most johor based companies will do well next few years. Cresndo got EPS 1.03 and yet it's up only 3sen. Question is, any news that Kseng sell landbank to data center? I know that Pasir Gudang is a heavy industrial zone and maybe suitable for DC. But no news, right? If Kseng sell the industrial land in Pasir Gudang, maybe we will see EPS 1.00 extra? We can only hope!

5 days ago

prudentinvestor

Such a favorable comment on Keck Seng by Hong Leong Investment Bank's retail research head also fails to give its share price a big boost. Sigh!

2 days ago

hoplanner

KSeng has no industrial land in Pasir Gudang. However, it has a 208-hectare Tg Puteri Golf resort there. It has on the other hand, 2,382 hectares of oil palm plantation in Ulu Tiram which is within 30km radius from JB City.

1 day ago

Diamond7

@hoplanner

KSeng has industrial land in Pasir Gudang

Future launching

KSeng is launching Taman Tanjung Puteri Resort Tech Park, Malaysia in Pasir Gudang
A total of 1120 acres ..in second half 2024

It will be developed in 6 phases!

This sales will increase KSeng's profits by leaps n bounds in the coming quarters!

Hold tight tight!
Good fundamentals n strong earnings in coming quarters!

1 hour ago

Superdaddy

No worries to those on-board. The fundamentals are all there, jz waiting for the right timing to grow further in near future ya. Cheers!!!

6 minutes ago

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