KLSE (MYR): KSENG (3476)
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Last Price
5.76
Today's Change
0.00 (0.00%)
Day's Change
5.70 - 5.76
Trading Volume
35,700
Ann. Date | Date | Time | Type | Venue | View |
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Kseng has and will become one of the most sought after land owners nearby JB. Cheers to an amazing year ahead!!!
2 months ago
Keck Seng has a lot of properties, mainly plantation and development land that have not been revalued since 1980. In its latest quarterly report, its NTA was stated as RM7.10. Its actual NTA could be several times higher.
2 months ago
Kseng is a good co for privatization loh!
In order to privatize, it need Rm 7.50 to privatize loh!
2 months ago
"In order to privatize, it need Rm 7.50 to privatize loh!"
Keck Seng's directors would be laughing all the way to the banks if they could privatize it without revaluing its properties bought over 40 years ago.
2 months ago
I am fine with them revaluing only partially and then taking it private, as long as the price is RM10 or above..... ;P
1 month ago
If one Keck Seng can change for one Maybank in addition to some extra money to spend, it is not a bad idea to accept.
1 month ago
Positive retracement going on for further upside to clear some stale bulls. Cheers!!!
1 month ago
https://themalaysianreserve.com/2024/01/30/iskandar-malaysia-kulim-high-tech-reshape-malaysias-real-estate-landscape/
Iskandar land assets....
1 month ago
Minor correction along the way. I don't expect it to drop by more than 10% from its recent peak of 6.05.
1 month ago
Wa!
5.66../5.67/5.68
Stocks cannot continuously
up..
Hopefully coming quarterly report is excellent...
1 month ago
Keck Seng should distribute at least 50% of its earnings as dividends and let investors decide what to do with their money. Then its final dividend would be much much more than 9 cents.
1 month ago
@ speakup
Coming quarterly report end of February
Should be good! Hopefully it's good! Hopefully come with 9 cents dividend!
Agree with Superdaddy...only a healthy correction!
1 month ago
Definitely sifu Raiders, it's such a deeply undervalued stocks indeed. Cheers!!!
1 month ago
I believe the correction should be over today. Soon Keck Seng would be on its way up again.
1 month ago
Long term BULL
Up ten cents
Down 5 cents
Long term...trending up!
Can it touch 6.50/7.00/8.00/9.00/10.00
Or 20/30
Let's wait patiently
Wait ten years!
1 month ago
Investors are puzzled why the company keeps so much cash for. If it doesn't know what to do with the cash, then it should distribute it out as dividends.
1 month ago
Many good hotels available for sale, provided the price is right. In the past few years we saw Ytl scooping up some hotels
1 month ago
If Keck Seng really wants to buy some hotels, it could have done so at the height of the pandemic when you could get them at fire sale prices.
1 month ago
Need to shake off some tired bulls before proceeding further uptrend. Cheers!!!
1 month ago
Very, very few sellers around. Long term shareholders are unwilling to sell at this level. Offer at least RM10 a share to take it private.
1 month ago
Goodies could include a final dividend which is several times higher than last year's level or a bonus issue which the company hasn't declared for over 10 years.
1 month ago
Volume very low. Just a few sellers could push its price down to RM5.50 again or several million ringgit could push its price up to RM7.
1 month ago
JOHOR BARU: Johoreans of all races must work together to achieve the state's vision to be developed by 2030, says Datuk Onn Hafiz Ghazi.
The Johor Mentri Besar said the Year of the Dragon would be a good year for the state, especially with His Majesty Sultan Ibrahim, King of Malaysia, taking the reign as the Yang di-Pertuan Agong.
"This year, we have all kinds of plans for Johoreans as we strive to realise our vision of making Johor a developed state by 2030.
"Soon, the Rapid Transit System Link (RTS Link) will be completed, and we will also have a special economic zone (SEZ). These developments will bring positive growth to the state's economy.
Positive developments in JB! Properties n industrial land will sell well! Good for KSeng!
1 month ago
Wonder how many had seized the opportunity to buy Keck Seng when it dipped below RM5.60 a week ago.
1 month ago
Holding pretty well despite some selling pressures fr impatient holders. Cheers for a great year ahead!!!
1 month ago
Another great set of quarterly results fr Kseng. Net profit increased by 175pct compared to previous quarter with earning of 26cts per share. NTA standing at Rm7.62 . Will hold on firmly to this great company despite current selling onslaught. Cheers!!!
1 month ago
Gosh! Made so much money. Time to declare a dividend of over 30 sen a share and a bonus issue.
1 month ago
Read the notes to the 4th quarter report, management is very positive about this year's financial results. Conclusion : hold Keck Seng.
1 month ago
Those expecting a bumper dividend from Keck Seng might be disappointed when the quantum of final dividend is announced.
4 weeks ago
Yes, as long as there's a reasonable dividend in such a tough business environment, will be great enough. Cheers!!!
4 weeks ago
Keck Seng has no dividend payout policy. It still made over 20 sen a share in 2019 but failed to pay the final dividend for that year when Covid 19 struck in early 2020. Keck Seng investors didn't receive any dividend payment for two years. Genting Berhad and Genting Malaysia lost hundreds of millions during the pandemic but they continued to pay dividends totaling more than 10 sen yearly to investors.
3 weeks ago
No worries ya, believed 2024 onwards will be a much better years ahead for prudent investors in Kseng. Cheers!!!
3 weeks ago
With huge investments pouring into Johor Bahru and the opening of the RTS at end 2026, Keck Seng's property division is expected to do very well in the coming years. Whether these translate into better dividends or not is anybody's guess.
2 weeks ago
The Johor Bahru property market is set for an upturn, with the announcements of new projects and government initiatives over the past quarters, according to KGV International Property Consultants (Johor) Sdn Bhd executive director Samuel Tan when presenting The Edge Malaysia | KGV International Property Consultants Johor Bahru Housing Property Monitor 4Q2023.
The initiatives include the proposed Special Financial Zone (SFZ) and Special Economic Zone (SEZ); Rapid Transit System (RTS), with construction under progress; High-Speed Rail (HSR), which its revival is being discussed; Johor Bahru-Pontian Bridge, which is nearing completion; Gemas-Johor Bahru Double-Tracked Electrified Rail, which will be completed by 2025; and the preliminary conceptualisation of Light Rail Transit (LRT) from the private sector. Many large-scale foreign direct investments (FDI) in Johor had also been announced.
In January, Minister of Economy Rafizi Ramli and Singaporean Minister for Trade and Industry Gan Kim Yong signed a memorandum of understanding to establish the proposed Johor-Singapore SEZ.
KGV’s Tan suggests seven proposals for the Johor-Singapore SEZ: a passport-free QR code clearance system at customs on both ends; a digitalised process for cargo clearance; one-stop business/investment service centres in Johor to facilitate the application process for approvals and licences for Singapore businesses to set up companies in Johor; co-organising an investor forum to gather feedback; facilitating Malaysia-Singapore renewable cooperation; curating training and work-based learning initiatives to address talent and skill gaps for relevant industries; and developing joint events between Johor and Singapore to promote trade and investments.
Tan explains: “These initiatives basically streamline processes and enhance communication across levels. Such collaboration facilitates both economies to complement and tap into the strengths of each other. The SEZ could be the model and platform for both countries to combine strengths and compete effectively in the region and globally.
“Overall, the comprehensive and ambitious package of initiatives articulated in recent years have started to take shape and all the jigsaw puzzles are being pieced together. The economy and property market have started to heat up, after almost 12 long years since the last boom in 2012 to 2014.”
2 weeks ago
KUALA LUMPUR, March 14 — The Johor-Singapore Special Economic Zone (JS-SEZ) joint agreement between Malaysia and Singapore is expected to be inked by the end of this year, according to the Economy Ministry.
1 week ago
Keck Seng's price movement has been quite lethargic since the beginning of February. Looks like consolidation could be over by now.
1 week ago
Diamond7
KUALA LUMPUR (Jan 26): RHB Investment Bank Research (RHB IB) has maintained its "overweight" rating on the real estate sector, identifying UEM Sunrise Bhd as the top proxy for the segment, with potential benefits extending to Sunway Bhd, IOI Properties and Eco World Development Group Bhd if significant railway infrastructure projects materialise in Johor.
In a sector update on Friday, the research house said that if the government decides to proceed with the Johor Light Rail Transit (LRT) and Kuala Lumpur-Singapore High-Speed Rail (HSR) projects, it could boost demand for residential, commercial and industrial properties in Iskandar Malaysia in the coming years, leading to an increase in prices for strategically located parcels of land.
https://theedgemalaysia.com/node/698664
2 months ago