KECK SENG (M) BHD

KLSE (MYR): KSENG (3476)

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Last Price

4.50

Today's Change

+0.05 (1.12%)

Day's Change

4.44 - 4.50

Trading Volume

10,000

Overview

Market Cap

1,627 Million

NOSH

361 Million

Avg Volume (4 weeks)

53,135

4 Weeks Range

4.34 - 4.70

4 Weeks Price Volatility (%)

44.44%

52 Weeks Range

3.40 - 4.70

52 Weeks Price Volatility (%)

84.62%

Previous Close

4.45

Open

4.46

Bid

4.46 x 200

Ask

4.49 x 100

Day's Range

4.44 - 4.50

Trading Volume

10,000

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2023 [#3] | 27-Nov-2023

Next QR | Est. Ann. Date

31-Dec-2023 | 24-Feb-2024

T4Q P/E | EY

8.54 | 11.71%

T4Q DY | Payout %

1.10% | 9.43%

T4Q NAPS | P/NAPS

7.06 | 0.64

T4Q NP Margin | ROE

14.42% | 7.46%

Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: DIVERSIFIED INDUSTRIALS

Subsector: DIVERSIFIED INDUSTRIALS

Description:

Keck Seng (Malaysia) Bhd is a Malaysia based company primarily engaged in the business of palm oil cultivation and manufacturing. In addition, it is also involved in the business activities of property development and investment, and hotels and resorts ownership. The operating segments of the company are Manufacturing, Hotels and resort, Property, and Plantations. It generates the majority of the revenue from the Manufacturing segment which relates to the processing and marketing of refined palm oil products. The group?s operations are carried out principally in Malaysia, Singapore, Hong Kong, Canada, and United States of America of which key revenue is derived from Malaysia.

Discussions
8 people like this. Showing 50 of 3,162 comments

prudentinvestor

Keck Seng's land is mostly located in Pasir Gudang area, UEMS's land is mostly located in Iskandar Puteri area, where most business activities take place.

2 months ago

speakup

Johor is Johor lah

2 months ago

speakup

All Johor property counters Ksl, Uems & Iwcity dah lari, only Kseng cacat cannot move

2 months ago

speakup

Kseng is really hopeless Johor property counter!

2 months ago

prudentinvestor

For Keck Seng to become "hopeful", there must be a change of the guards.

2 months ago

speakup

This Johor company if join Johor theme play should be rm6 by now

2 months ago

prudentinvestor

Appoint more proactive people to take charge of the company and it would go up to RM10 instantly.

2 months ago

speakup

Keck Seng address:
P.O.Box 1
Kong Kong Road
81757 Masai, Johor, Malaysia
Tel: 607-2551111

Terbukti Johor company! Tapi takde Johor goreng play

2 months ago

Michael Kwok

Keck seng
Price 4.20
Tp 3.30-3.60
28/9/23 12.34am

2 months ago

speakup

Aduh! Sifu Michael hantam i

2 months ago

prudentinvestor

Keck Seng's cash and share investments are already worth RM4.20 a share.

1 month ago

Diamond7

Wait patiently....
One day will touch 6.00
Prob 8.00 or 10.00

1 month ago

speakup

Finally!

1 month ago

speakup

Q-ing to sell

1 month ago

prudentinvestor

Earnings are much better than pre pandemic levels but share price is still more than 5% lower.

1 month ago

speakup

Speakup bought 3.50+

1 month ago

Diamond7

Wa!
Speakup rich liao...
KSeng not ripe yet

KSeng has US currency
Has Spore currency

Rich land assets in Pasir Gudang
The fire just started
Wait la...for another 6 months to one year

Big harvest leh...

1 month ago

Diamond7

KSeng for long term!
No FIFO please!

Must wait patiently...

1 month ago

speakup

I look into KSeng annual report 2023, was surprised they own so little potential development land in Johor:

247 ha in Pulai
364 ha in Pasir Gudang
2382 ha in Ulu Tiram, planted with Palm Oil

Their other 7 lands already built with buildings Hotel, Offices, Condo etc.

All along thought KSeng had a lot of development land, guess I was wrong

1 month ago

speakup

patutlah no wonder Michael Kwok kasi Tp 3.30-3.60

1 month ago

prudentinvestor

Keck Seng's net cash and share investments are already worth RM4.20 a share.

1 month ago

prudentinvestor

If Keck Seng's major share holders offer RM9 to 10 a share to take the company private, there should be a lot of takers.

1 month ago

speakup

Dah panic buying.
Rebuuuuttttttttttt

1 month ago

Diamond7

The Singaporean directors are very very rich!
Guess they would rather make their JB land the new Shenzhen of Spore!
More profitable!

1 month ago

speakup

Singaporeans dah wake up from slumber to GORENG!!!!!
while Bursa go slumber

1 month ago

prudentinvestor

This group of Keck Seng directors doesn't understand the meaning of "GORENG".

1 month ago

Diamond7

KSeng
Can sleep well
Unaffected by wars

Great potential in view of new Shenzhen for Sporeans

Wait till end of month with new economic trade zone meeting

Wait till next year when JB Sultan becomes Agung

Wait till RTS completes in 2026

Wait for the fruit to grow bigger n bigger
Then only harvest!

1 month ago

prudentinvestor

Ringgit keeps dropping against the US and Singapore dollars. Keck Seng keeps benefitting from Ringgit's decline.

1 month ago

Diamond7

Agree with prudentinvestor
Kseng has a lot of Spore currency
Kseng has a lot of US currency

Now 1 spore dollar is RM3.50
1 US dollar is RM4.79
Gain in Forex!

Interest rate hike will oso benefit KSeng

1 month ago

prudentinvestor

Should have pared down its cash holdings by 50% and invest in counters with high dividend yields like Maybank.

4 weeks ago

prudentinvestor

Cresendo Corp Bhd recently sold some land in Pulai to Singapore owned company STT GDC Malaysia 2 Sdn Bhd for RM117 million or RM100/ft2. Keck Seng has around 25 million ft2 of development land there. How much do you think Keck Seng's land is worth?

2 weeks ago

snowball2000

#prudentinvestor
Simple maths says the land bank in Johor alone is worth a whopping 2.5bil!!! That alone will give RM6.94 in value per share (no. of shares issued is circa. 360mil)!!!
Plus net cash & liquid asset per share (including investment securities) of approximately RM4/share, KSENG is actually worth much more than RM10/share. Very undervalued indeed!!!

2 weeks ago

snowball2000

This is even before we take into account the EPS of say RM0.50 - RM0.60/share!!!

2 weeks ago

snowball2000

KSENG is like a snowball on a very long slope, its value can only grow over time. The longer we hold it, the better its return would be.

2 weeks ago

prudentinvestor

Keck Seng's development land in Johor is not limited to Pulai area only. It also has 7,500 acres of plantation/development land in Pasir Gudang area. Now assuming its development land in Pulai is worth RM50/ft2 and its landbank in Pasir Gudang area is worth RM9/ft2 or RM400,000 per acre. Total worth of its landbank is over RM4 billion.

2 weeks ago

Superdaddy

Kseng looking solid recently. Hope to get a positive results soon. Cheers!!!

1 week ago

speakup

Investors are hoping owners have changed their bad habits

1 week ago

prudentinvestor

Cresendo Corp Bhd is selling its land in Pulai again, this time 7 parcels of land to Yu Ao Sdn Bhd at RM125/ft2. Never expect land is soooo valuable now in Pulai area.

1 week ago

prudentinvestor

Including the dividends, Keck Seng has already risen by more than 40% from its lows in April. Not a bad achievement but still a long way to go to reach its intrinsic value.

1 week ago

prudentinvestor

Up one or two sen a day, should reach RM5 soon but still a long way from my target price.

1 week ago

speakup

Aduh! What happened?

3 days ago

prudentinvestor

Just hold on to your Keck Seng shares tightly, no need to sell. At over RM100/ft2, the price which Cresendo sold several parcels of its land in Pulai, Keck Seng's land in Pulai area is already worth over RM2 billion.

3 days ago

prudentinvestor

Crazy to sell Keck Seng at this level considering that its land bank in Pulai alone is already worth over RM2 billion.

3 days ago

Superdaddy

Yeah, can keep collecting on weakness. Jz a kneejerk reaction to lower profit this qtr. Cheers!!!

3 days ago

stockraider

Yes quietly collect mah!

2 days ago

Superdaddy

Wah, sifu stockraider, happy to hear fr u after so long. We collect on weakness ya. Cheers!!!

1 day ago

prudentinvestor

The more investors know about Keck Seng's true value and its potential, the more stable its price would become.

1 day ago

prudentinvestor

Johor Bahru is developing very, very fast. In less than 10 years, Keck Seng's development/plantation lands in Pasir Gudang area would be worth on average at least RM 1 million per acre. Keck Seng has about 7,500 acres of land in Pasir Gudang area. How much do you think it is worth?

8 hours ago

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