Price Target Analysis: KENANGA (6483)

this counter is still making a loss for many. last year i bought at RM1.30
so with the dividends received and going to receive is still not enough to make up the loss. too bad

2023-04-10 16:18

StockSniperKing

@rahulsk1947 Maybe can look for the new IPO with the same industry - Mercury Securities. what's interesting here is among companies with similar setups known as 1+1 brokers or universal brokers, mercury securities stands out by achieving the highest NP margin with the least market share.

2023-08-27 21:09

riverlakesea

Good timing for Mercury Securities to stand out this time, so far rumor say IPO price is between 0.20-0.30. I think avid investors should take a look.

2023-08-27 23:56

speakup

before covid, this counter was about 35sen
now after covid, it's almost rm1
up 3x! amazing

2023-08-28 07:42

AndrewHo93

Then Mercury Securities' PE will be lower than 15x , if your rumor is true, riverlakesea. Better monitor its IPO subscription date 😉

2023-08-28 11:05

Strategist Invest Lam

Catch rebound and expect it to break 90 cents again. hhee

2023-10-13 15:52

Strategistinvestlam

Year end window brushing hope for sometimes else brewing here some great revaluation up on this share price really feel weird a good doing investment bank share price in such undervalued with damn good dividends

2023-11-15 04:28

https://www.klsescreener.com/v2/news/view/1241737

2023-11-30 23:46

Strategist Invest Lam

With new EPS and FED rate cuts coming in 2024 market will see a turn around which increases market volume thus kenanga which gives loan to traders will have a increase next year also not to mention the coming dividend around april aiming about 0.08 cents per share as a hike of eps best time to jump into it and ride along, next target price:RM1.10

2023-12-17 22:37

@intelligentinvest13 Totally agree with you: I also aiming the same path as yours

2023-12-22 08:38

Mersec is same business as Kenanga soon it will be kenanga’s turn to be the bull it has already risen from 85 cents

2023-12-22 10:55

Reached 1.10 not sure if can increase more than this…exiting

2024-01-11 14:56

1 week of correction ended now time for round 2 will push to 1.10 again and test the level, if it exceeds its shooting up…going all in

2024-01-19 23:52

wallstreetrookieNEW

Buy

2024-01-23 15:02

niceee, break Rm1. Look forward to its dividend in March.

2024-01-23 17:29

pohziliang

@Intelligentinvest13 very good analysis

I bought this counter around December 2022. Kept buying and now my average price is 0.91

Luckily didn’t sell last year due to disappointment. This time bull run is thanks to Mersec.

2024-01-24 17:01

Once +8cents dividend announced will be hard to buy for this price collected some at 1.07
EPS this time might be higher then previous quarter due to increase volume in contra trading since last Q. Next target price 1.25 new superstar of 2024. Dividend most likely announcing before March 3rd week, collect by then...

2024-02-08 19:01

Akiraku

Effected ? Will this counter drop after his passing?

2024-02-23 11:29

Its decreasing because money is moving to energy stocks as their result is good this week. All banking sectors has also performed good and next week results will be superb, next week money will return back to banking sectors like kenanga and target price still RM1.25

2024-02-23 12:04

This is incredible price to collect as there is no reason for it to decrease so monday should shoot up again

2024-02-23 12:07

Good dividend and good capital recognition. Worth to keep it for long run

2024-02-28 21:07

will it ever reach RM4?

2024-02-29 14:24

why it dropped so much today??

2024-02-29 16:42

LadyRepins

Not exciting qtr results; 7 sen dividend, padan with price. Last year was 16.5sen div?

2024-02-29 17:48

Very good qr result, compared to last year much higher, dividend confirm more than 8 cent

2024-02-29 19:19

riverlakesea

take it or leave it....

2024-02-29 20:03

it needs 3 - 5 years to reach RM4, I think 😅

2024-03-06 10:34

SinGor

not much risk but not much gain----for pensioner

2024-03-15 09:17

Got risk, stockbroking business got a lot of competitors in Malaysia ..

2024-03-18 09:25

M55555

Today last day to collect for 0.07 DIV . Seem like some buying interest there

2024-03-29 11:24

Kenanga Investment Bank's 1Q net profit more than doubles, foresees increased trading volume on Bursa. Nice~

https://theedgemalaysia.com/node/713384

2024-05-31 21:33

wwow, Kenanga quietly going up and hitting new high today

2024-06-14 11:54

calvintaneng

Many bad apples come out from Kenanga

Better sell

https://theedgemalaysia.com/node/721224

2024-08-01 12:38

calvintaneng

Alot of hidden worms in kenanga

https://theedgemalaysia.com/node/720798

2024-08-01 12:40

anybody can advise why it dropped so much today?

2024-08-29 15:28

TheContrarian

Bad QR.

2024-08-29 15:31

Chipee

Kenanga share got short kaw kaw ... hahaha ..
Happy their stocks get trashed. The trashing will continue after the suspension. 😂

https://www.thestar.com.my/business/business-news/2024/08/29/bursa-malaysia-suspends-idss-for-kenanga-investment-bank

2024-08-29 17:11

641003025255

sell T.P 0.59

2024-08-29 17:30