Expect another drastic drop in the local bourse tomorrow. Counters that have gained more over the past year will certainly drop more.

Let's compare Keck Seng and TSH and see who is really boloh.
Keck Seng NTA RM7.77, EPS last financial year 67 sen, first quarter EPS 13.8 sen
net cash RM1.1 billion, investment in listed securities RM410 million,
over 8,500 acres of development and plantation land not revalued for
over 40 years. Worth over RM20 per share.

TSH NTA RM1.50, EPS last financial year 6.9, first quarter EPS 1.45 sen
Net cash ZERO, investment in securities RM25 million.
One is a useless stone, the other one is a piece of diamond.

What to cut mf? RHB Bank has practically not moved up over the past one year. PE is around 8.5 and dividend yield is over 7%. What do you expect from RHB Bank?

Went up from under 50 sen just a few months ago. Still a long way to go.

RHB Bank has hardly moved up when the KLCI surged from around 1400 to over 1600 points. CIMB Bank has gone up by about 50% while Maybank is up at least 20%. It shouldn't drop at all.

Tua Pao Tan, just a few weeks ago you praised JCY to the sky, claiming it was serving the whole world. It was at around 90 sen a share when you posted your eulogy. It has tumbled by 40% by now. Those who had heeded your advice have all landed in Holland.

Keck Seng has shot up from RM3.40 just over a year ago to over RM6 recently. It is natural that when market sentiment is bad, some weak holders would decide to take profit. Nothing very unusual. It has got over 8,000 acres of land not revalued since 1980. It is worth RM20 a share compared to TSH's RM1.

RM1.00 per share? When World War 3 erupts.

Maybank drops very fast and very sharp today but when it rebounds it would be equally sharp and fast. Get your cash ready.

Market is irrational. When the US market broke record after record over the past three years, our stock market didn't follow. When it drops heavily, we immediately follow.

Very frightening falls. Hasn't dropped this much for several years. No one knows where the bottom is. There has been over speculation in US tech stocks. Now comes the long overdue correction. Haha, I am not referring to Genting but other counters which have risen crazily.

Frightening drops. Tread prudently guys.

At RM13.36, Tenaga is still trading at a PE of 28, more than twice Maybank's PE. Its dividend yield is also almost 50% lower. Investors may one day decide that Tenaga should trade at a PE of 15.

It has been quite stable for over 2 weeks already, trading at around RM5.70. If it drops to RM5.50 again, then it is time to buy.

Fair value for TSH is only RM1 whereas fair value for Keck Seng is over RM20.

"KSENG IS OVERVALUED
UNDERSTANDING DIFFERENT FORMS OF VALUE IN VALUE INVESTING, Calvin Tan"
Can Tan, all Keck Seng investors know the company is grossly undervalued. It has got lots and lots of land acquired more than 40 years ago that have not been revalued. Only a fool would say that it is overvalued.

Beware of this person called Cannon Tan. He would buy kaw kaw the counters first before he promotes them to you. Don't fall into his trap.

Don't listen to Cannon Tan's BS. Few weeks ago he was promoting JCY, Hexcap, Dufu etc. All have dropped by more than 20% by Friday.

It is not advisable and unwise to sell RHB Bank now and convert to CIMB Bank. Hopefully investors would one day see value in RHB.

I have been condemning Keck Seng for over a year, from below RM3.50. If I had sold Keck Seng at around RM3.50, I would be condemning myself today.

"Ironic u condemn Rhb but u still holding to it. If u don't like it, just sell it
@speakup, so even if a counter doesn't perform well, you still have to praise it. Whose logic is it? If you scold your son, you also don't like him, why not chase him out of your house?

The last time RHB traded at above RM6 was over two years ago. So pathetic.

CIMB can afford to sleep for a while as it has already shot up by 50%. RHB has just gone up by less than 8% but is now encountering heavy resistance at the RM5.70 level.

Cannon Tan, can you explain why RSawit's nta has dropped from 66 sen a share 15 years ago to 58 sen 10 years ago, 30 sen 5 years ago and just 17 sen today? Is it because like Keck Seng, it has plenty of assets bought over 40 years years ago and has not been revalued since?

CIMB has already gone up by around 50% from its low of RM4.80 about 14 months ago to RM7.20 today whereas RHB Bank has gone up by less than 10% (RM5.30 to RM5.70). Not likely that CIMB would surge forward non stop while RHB Bank remains stagnant at RM5.70.

"Don't waste time here with little catalyst"
Cannon Tan, don't waste time posting any comment here, no Keck Seng investor would believe you. With billions of investments being poured into Johor Bahru and its surrounding areas, Keck Seng investors are waiting for the company to lay golden eggs.

The last time RSawit paid any dividend was more than 10 years ago. Its nta has now dropped to just 17 sen a share.

There is always a risk, no matter how small it is if you invest in shares, even in an undervalued counter like RHB Bank. There is totally no risk at all if you keep your money in EPF. Should a severe recession strike (extremely unlikely), your money in your EPF account won't become less and you are still assured of a minimum dividend of 2.5% per year. However, RHB Bank's share price might drop below RM4 and its dividend rate would be reduced drastically also. Hence investors are expecting more from RHB Bank especially when other bank counters like CIMB and Maybank have already risen so much.

Keck Seng's share price can easily be supported at above RM8 a share with less than RM100 million. With net cash in excess of RM1.1 billion and mostly kept in banks as fixed deposits, this should be a more proactive thing to do.

Still unable to cross RM5.70 after several attempts. RM5.70 is only a minor resistance. CIMB Bank had crossed RM7 with ease.

PE is more than 30 now. It has gone up way too much over the past one year. Time to sell and switch to Maybank.

I still prefer cash to shares. Better declare a special dividend of RM1 per share which the company can easily afford.

TSH's CPO, FFB and Palm kernel production in the second quarter only increased slightly from the first quarter while CPO price has increased by roughly 10%. EPS in the second quarter should be at most 2 sen.

Trump isn't even qualified to become an MP in Singapore but he is likely to be elected US President come November.

Maybank IB's recommendation tak boleh pakai again. Many are trapped at above RM4.80.

@DividendGuy67, I actually rarely play warrants. Apart from the names of the three warrants I mentioned earlier, I also have some investments in a loss making company called Jiankun which recently gave some free warrants. I converted my shares into warrants as I believe it could be faster to recoup my losses. Totally no worry about my investment as it constitutes less than 2% of my portfolio. I do take calculated risks.

I won't buy call warrants but won't write off warrants issued by sound companies that are exercisable within a specified time frame at a fixed price. I made some money in 2006/07 from Perstima warrant and Bonia warrant. Perstima warrant went up two to three times within a year or so but Bonia warrant was spectacular. It went up over 20 times within about two years. The most recent warrant that I bought, EcoWorld W was a big debacle. Sold off far too early and didn't make a single sen. Could have gone up by five times but I just don't bother to know. 🤣🤣

Two years ago, I still managed to buy some at 10 sen a share. Last year the lowest I could get was 11.5 sen a share. In January this year I managed to get some at 12.5 sen a share. It is creeping up very slowly. Even at a rate of 1.5 sen a share, it is still worthwhile investing.

Even at RM6 a share, its PE is still 9, very low by any standard. Its dividend yield is still 6.6%, more than twice 12 month bank fixed deposit rates.

Maybank IB has a sell call on TSH with a TP of only RM1. Read today's Sin Chew Business.

Over the past 3 years, RHB Bank did move above RM6 once in late April 2022 but only stayed above RM6 for around 3 weeks.

https://foreignpolicy.com/2024/06/14/nusantara-indonesia-new-capital-environment-indigenous-land/
This article tells a different story.

"Spend 5% of your time here?
Means you invested 5% of your life?
Time is life"
Stop pretending snaky Tan, You spend 20 times more time here than me, trying to mislead small investors.

"This kind of money if you can earn in such dishonest way will end up as medical fees for your old age only"
The above statement best fits you. Someone whom spends long hours daily to mislead other has no shame.

"Spent so much time here to put confusion and make people sell Tsh cheap to you?"
Cannon Tan, I spend hardly 5% of the time you spend here to ensnare unsuspicious investors.

"Now we know why you come kacau Tsh"
Cannon Tan, just trying to set record straight. TSH's land in Nusantara is certainly not worth RM4.2 million an acre. Didn't you say Hubline was not investible yesterday" It has gone up today.
"You very slimy sly fella
Such a low life fella"
Slimy, sly and low life best describe you. Many have attested here Tan Tua Pao.

Cannon Tan, TSH should go up by 100,000% because its land in Nusantara is valued at RM4.2 million per acre.

"Rapid crashed from rm27.90
Did you warn
Why you failed to warn?"
Cannon Tan, I rarely follow all these useless stocks. If you are really so good, you would be appointed Temasek's chief investment officer, why aren't you?

Cannon Tan, you have posted Tsh versus Rapid 20 over times. Can you give us some peace? This forum has been hijacked by you.

"A cannon loaded with blanks can only make loud noises."
You are right Berlin. When you give an empty vessel a light kick, it will kao peh kao bu for hours. No matter how hard you kick a full vessel, it will not give out any noise.