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2024-07-17 17:11 | Report Abuse
I think Keck Seng 's correction is likely over. I went to a high of over RM6.40 about 2 months ago and then dropped to below RM5.90 before recovering slowly. It should move higher than RM6.40 before correction again.
2024-07-17 17:02 | Report Abuse
Its share price has been struggling at below 20 sen for over 6 years. Investors got some small consolation in the form of dividends that averaged about 1 sen each year. Still not too bad.
2024-07-17 14:29 | Report Abuse
"@prudentinvestor, 5.70 is expected per my chart in my article. Be patient, give yourself 6-12 months and odds are good a breakout will occur by then or well before then."
@DividendGuy67, I have faith in you. Haven't sold any RHB Bank shares for over a year. Nonetheless, seeing Maybank and CIMB Bank surge ahead while this sleepy bank remains stagnant makes me frustrated.
2024-07-16 20:35 | Report Abuse
"Yes Speakup
Better buy Jtiasa than over already kseng anytime"
Cannon Tan, Speakup is a smart investor. He bought Keck Seng at under RM4 a share and knows how much it is worth. He won't change gold for stone.
2024-07-16 16:30 | Report Abuse
Only up less than 4% now got stuck in the mud already.
2024-07-16 16:27 | Report Abuse
"No
It came from 8 Sen Cash paid out after Woodland warehouse was sold in Spore
I bought Pm Corp lowest at 7.5 Sen
After 8 Sen cash paid out I got back capital plus
Free 1/2 sen and free pm Corp shares for forever"
Don't BS Cannon Tan, PM Holdings has never paid any dividend before in its history. You can check the company's announcement. Its entitlement page is empty. So the money you and your buddies made must have come from small, unsuspicious investors.
2024-07-16 14:44 | Report Abuse
"Pm Corp was 9 sen for 2 years
My Johor buddies bought and bought
Many made 5 figures to 6 figures
Minimal cost
Maximum profits"
Cannon Tan, the money you and your friends made didn't come from the sky did it? It came from the pockets of thousands of unsuspicious small investors who had been duped. You still have the cheek to brag about your success. Shame, shame.
2024-07-16 12:40 | Report Abuse
"The best must be highlighted and lifted high
Pm Corp was 1st promoted kaw kaw"
How can we trust someone who says that PM Corp is the best company listed on the Bursa? Totally don't believe in whatever he writes. He is only an unscrupulous speculator.
2024-07-16 11:42 | Report Abuse
Never believe in what Cannon Tan has written. He will only bring you to Holland. He has likely bought several hundred thousand Rsawit shares and would unload his holdings once its price shoots up. Below are some of the comments about this person that I have read on i3investor.
"Same tactic of his seen in TalamT in 2014, JTiasa the same year, NetX etc etc exaggeration to lure buyers to unload his own stock!"
"He also claimed in 2022 that TSH will reach the Nestle beating price of RM150 ultimately. That will give TSH a market cap of RM207 b compared to Maybank's current Rm122 b and Nestle's RM28 b. That guy's rantings is way off the charts. He should be locked up for his own good."
2024-07-16 10:56 | Report Abuse
Only those as foolish as him will believe in his rantings. Funny i3investor still allows him to spew out rubbish.
2024-07-16 10:43 | Report Abuse
Be careful of calvintaneng @ Tan Tua Pao, he claimed that TSH's land in Nusantara is worth RM4.2 million per acre. Don't fall into his trap.
2024-07-16 10:24 | Report Abuse
While Maybank and CIMB Bank confidently march forward, RHB Bank has encountered resistance at the RM5.70 level. As I have written earlier, it would stumble along.
2024-07-16 10:15 | Report Abuse
"In mid-November 2022, Temasek said it would write off its US$275 million investment in FTX “irrespective of the outcome of FTX's bankruptcy protection filing”. The state investor had held a 1.5 per cent stake in FTX and the investment constituted 0.09 per cent of its $403 billion portfolio as at end-March 2022.17 May 2024"
Read the above article Cannon Tan, the fact that someone bought 3 million RSawit shares and became one of its top 30 shareholders doesn't make RSawit a good company. Only a fool will think this way.
2024-07-16 10:00 | Report Abuse
RSawit has been losing money for the past 10 years. It has never paid any dividend for over 10 years and its NTA has been dropping yearly for many years, to only 17 sen. Soon its NTA could become negative. Only a fool will say that it is full of value.
2024-07-16 09:55 | Report Abuse
"Better sell overvalued Kseng and buy Rsawit now full of value"
Cannon Tan@Tan Tua Pao, Keck Seng's latest audited NTA is around RM7 a share. I did a rough calculation yesterday and arrived at the conclusion that its actual NTA should be over RM20 a share. Its EPS last financial year was 67 sen and it earned almost 50% more in the first quarter this year than the same quarter last year. Keck Seng is grossly undervalued.
2024-07-15 20:12 | Report Abuse
"Bplant was 57 sen
Now taken private at Rm1.55
So we buy and hold TSH"
Cannon Tan, so you buy TSH and dream for it to be taken private at RM12 a share. Have you heard of a Chinese proverb called "守株待兔“?
2024-07-15 15:41 | Report Abuse
To catch up with CIMB Bank's marketcap is almost impossible but RHB Bank's share price needs to move above RM6 a share.
2024-07-15 15:13 | Report Abuse
It has dropped too far behind CIMB Bank and is now playing some catch up. I am contented if it could narrow CIMB Bank's lead to RM1.
2024-07-15 14:44 | Report Abuse
Now moving further from its recent low of RM4.50 and with stronger momentum. Moving to RM5.00 again.
2024-07-15 12:33 | Report Abuse
RHB Bank closed at RM5.72 a day before it traded ex-dividend. Almost three months have elapsed and RHB Bank is still struggling at around RM5.65. In fact it has been sleeping for over two and a half months after ex-dividend. Most of the gains have been achieved during the past three trading sessions.
2024-07-15 11:50 | Report Abuse
Someone's relentless pursuit to mislead others, like claiming that TSH's land in Nusantara is worth RM4.2 million an acre.
2024-07-15 11:05 | Report Abuse
"Last time?
Last time Bplant was 57 sen
Then Ltat took Bplant private at Rm1.55"
Cannon Tan Tua Pao, you should explain why RSawit fails to pay any dividend for over 10 years and why its nta keeps dropping for the past 10 years instead of comparing it with other counters. You can't convince others this way.
2024-07-15 10:52 | Report Abuse
Trump should be elected President of the US come November. The war in Ukraine is likely to end and price of gasoline will come down.
2024-07-15 10:14 | Report Abuse
If TSH's land in Nusantara is worth RM4.2 million per acre, it should be trading at over RM300 a share and not just RM1.20 a share.
2024-07-14 22:23 | Report Abuse
The last time RSawit paid a dividend was more than 10 years ago and its NTA has been dropping every year for the last 10 years to 17 sen a share now.
2024-07-14 17:57 | Report Abuse
Cannon Tan unable to answer my questions so he beats about the bush.
2024-07-14 16:40 | Report Abuse
"For now Rsawit being so undervalue has the most potential"
Cannon Tan, tell us the criteria a company ought to have to qualify as an undervalued counter. Does RSawit possess such criteria?
2024-07-14 15:51 | Report Abuse
Rubbish spewed out by Cannon Tan, Tan Tua Pao, Tua Pao Tan. LPPL!
2024-07-14 15:46 | Report Abuse
RSawit has lost hundreds of millions over the past 10 years. Even when palm oil price spiked to over RM6,000 a ton, it was still not profitable. It has practically no cash and borrowings of over RM300 million. Its NTA is only 17 sen a share. Guys. be wise enough, think carefully before you make a decision to invest.
2024-07-14 15:41 | Report Abuse
"Calvin sifu no more promote Jtiasa? we all trapped at high floor at Jtiasa"
You all have been sent to Holland by Cannon Tan. Never trust this person.
2024-07-14 15:17 | Report Abuse
Not difficult to give a rough estimate of how much Keck Seng is worth. It has over 600 acres of housing land in Pulai area and another 8,000 acres of plantation and housing land in Pasir Gudang area. Assuming its land in Pulai area is worth RM2 million per acre and its Pasir Gudang land a cheap RM400,000 per acre, these two are already worth a hefty RM4.5 billion. It has net cash of RM1.1 billion and share investments worth RM450 million. Its other properties include Menara Keck Seng and Regency Tower in KL, hotels in New York, Toronto and Hawaii and minor ones in Singapore and Johor Bahru are worth at least another RM1.5 billion. So how much is Keck Seng worth?
2024-07-14 10:57 | Report Abuse
"Easy Fast money
Sure win one"
@speakup, those speculators who had bought Supermax at over RM10 or Top Glove at over RM9 in August 2020 would tell you a different story.
2024-07-14 10:51 | Report Abuse
Cannon Tan, do you still believe that TSH's land in Nusantara is worth RM4.2 million per acre?
2024-07-13 16:20 | Report Abuse
Could be more than RM20 if it revalues all its assets. Much of its properties have not been revalued for 40 years.
2024-07-13 16:16 | Report Abuse
Too bad, small investors prefer to gamble and eventually lose money in speculative counters like Notion, JCY, SNS, DNEX etc rather than put their in a sound counter like RHB Bank.
2024-07-13 15:46 | Report Abuse
Downtrend could be over. It dropped to RM4.44 three months ago and then staged a strong recovery, gaining over 10%. History may repeat itself.
2024-07-13 12:50 | Report Abuse
TSH is the most asset rich plantation company in the world. It has 100,000 acres of land in Nusantara with each acre commanding a price of RM4.2 million (as claimed by Cannon Tan). Just imagine how much it is worth.
2024-07-12 16:44 | Report Abuse
I am more eager to see RHB Bank climb to RM7 soon than most people. My investments in RHB Bank is triple my investments in Maybank.
2024-07-12 16:23 | Report Abuse
"Listen carefully
Palm oil a pillar of growth"
Cannon Tan, palm oil can't be a pillar of growth when it constitutes less than 5% of Malaysia's total exports. Don't be over optimistic, Western countries are boycotting palm oil.
2024-07-12 16:15 | Report Abuse
"Tsh lands in Bongan book value Rm4,500 per acre
Current asking price
Rm4.2 millions an acre"
Area of land for sale = 8,284,600 sqm or 828.46 hectares or around 2,000 acres
Asking price = 85 billion IDR or around RM25 million.
Cannon Tan, how did you arrive at RM4.2 million per acre?
2024-07-12 15:46 | Report Abuse
"Fantastic news for Tsh which got 94,700 acres in ikn nusantara"
Cannon Tan, if this piece of news is fantastic, TSH won't struggle at around RM1.20, its price would double or even triple. You know what Chinese say, 炒冷饭。 Keep frying.
2024-07-12 12:32 | Report Abuse
"HDD/SSD demand is from Seagate/Western Digital & Toshiba
10,000 DATA CENTERS Seving 8 Billion people (Nvidia only a small drop)"
Cannon Tan could be right. JCY serves the whole world whereas Nvidia only serves a small number of people. Nvidia's share price has gone up by 3,000 times, JCY should go up by much, much more. Don't hesitate, just buy.
2024-07-12 10:02 | Report Abuse
You won't find another counter which trades at a PE of less than 9 and a dividend yield of over 7%. Because it has been asleep for over a year while CIMB surges past RM7, even if it has woken up and started to walk, it would stagger along. It is a long hard journey ahead.
2024-07-12 08:58 | Report Abuse
https://klse.i3investor.com/web/stock/news-blogs/3476
Read the above article, Keck Seng has much. much more value. EPS last year was 67 sen.
2024-07-11 17:16 | Report Abuse
Investment banks are generally quite neutral about TSH, only Cannon Tan is very bullish. We shall know who is right before the end of next month.
2024-07-11 15:19 | Report Abuse
Still too early to jump to the conclusion that it has waken up. It has to move up for few consecutive days before we can draw such kind of conclusion.
2024-07-11 10:17 | Report Abuse
Keck Seng made 13 sen a share in the first quarter, TSH only made 1.5 sen a share. Don't bring a third rate company here Cannon Tan.
2024-07-11 09:39 | Report Abuse
If it still doesn't buck up, next year this time, its share price could be exceeded by Ambank.
2024-07-10 21:00 | Report Abuse
Cannon Tan, how much do you think TSH's eps would be this financial year considering that it only made 1.45 sen a share in the first quarter?
Stock: [TSH]: TSH RESOURCES BHD
2024-07-18 10:42 | Report Abuse
"Now queueing to buy more TSH
Please sell to Calvin
Sell and dump TSH to Calvin now please
Now"
Cannon Tan, since you are so confident of TSH, why do you need to queue? Just buy from the sellers.