prudentinvestor

prudentinvestor | Joined since 2013-05-10

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User Comments
Stock

2024-01-19 17:00 | Report Abuse

You have to come out with RM1.25 to convert MRCB WB to MRCB shares. Unless you are dead sure that MRCB would spike to RM1.50 or higher in the immediate future.

Stock

2024-01-18 20:09 | Report Abuse

Those who only know how to condemn but do not know how to contribute would spell the doomsday of the country.

Stock

2024-01-26 09:04 | Report Abuse

Lack lustre performance by RHB Bank for the past one year. It only needs to maintain its earnings for last year at 2022 level and declare the same amount of dividend, then there is no reason why it should stay at this level.

Stock

2024-01-18 15:30 | Report Abuse

Maybank very strong lately, only slightly affected by market turbulence. Expect another 30-32 sen dividend to be announced end of next month.

Stock

2024-01-18 11:14 | Report Abuse

Poor market sentiment in China has spread to Malaysia.

Stock

2024-01-18 10:58 | Report Abuse

Don't worry, MRCB is trading at RM0.51, not at RM1.51. It hasn't gone up very much compared to UEMS, Ranhill Utilities etc. Still got strong support.

Stock

2024-01-18 10:28 | Report Abuse

Only two days of consolidation and it is ready for uptrend again.

Stock

2024-01-17 15:57 | Report Abuse

I think by the end of the day, MRCB should turn green. Not a bad performance so far today.

Stock

2024-01-17 11:04 | Report Abuse

Market looks resilient. Should hold above 50 sen despite some naysayers saying otherwise.

Stock

2024-01-16 15:39 | Report Abuse

Patience? Saya ada. Sudah tunggu tiga setengah tahun. haha

Stock

2024-01-16 15:28 | Report Abuse

Yea, rock solid performance since the start of the new year. Has already shot up by 73 sen or 15%. Would wait till it rises to RM7.97, its all time high reached in Nov 2013. Would decide then whether to hold on to my investment. Still a long way to go.

Stock

2024-01-16 14:59 | Report Abuse

Any reason why we should collect but not sell this counter? It has already gone up several times over the past few months.

Stock

2024-01-16 10:26 | Report Abuse

Unlikely to be just one day show. MRCB has been rising steadily from 30 sen to 54 sen now or a rise of 80% in just 7 months, though not as impressive as UEMS, Ranhill Utilities, YTL Power or IW City.

Stock

2024-01-16 10:00 | Report Abuse

Even after rising by RM2 or around 60% over the last 7 months, there still aren't many sellers around. Perhaps Keck Seng has to go up by another 60% to attract more sellers.

Stock

2024-01-15 21:21 | Report Abuse

Keck Seng is going up much faster than I had expected. At the rate it is going up, it should touch RM6 within two weeks.

Stock

2024-01-15 20:52 | Report Abuse

If you had bought 7 months ago at around 30 sen a share, then you have struck jackpot. Bank shares will never give you such kind of return.

Stock

2024-01-15 16:28 | Report Abuse

Those with the gut can still wait for it to go higher.

Stock

2024-01-15 16:23 | Report Abuse

Now MRCB's turn to steal the limelight. Cheers to all MRCB investors!

Stock

2024-01-15 12:29 | Report Abuse

MRCB was trading at around 30 sen a share 7 months ago and UEMS several sen lower. Today UEMS is trading at twice MRCB's share price. Compare with UEMS, Ranhill Utilities, IW City, MRCB is indeed a laggard.

Stock

2024-01-15 11:33 | Report Abuse

Enroute to 50 sen and beyond. Slowly but surely.

Stock

2024-01-15 11:32 | Report Abuse

Wow! Up another 18 sen so far this morning. Slow down, slow down. Don't be so excited.

Stock

2024-01-14 14:45 | Report Abuse

Keck Seng's bull run in 2013 was driven by rumours of a special dividend as the Company had sufficient tax exempt balances and 108 balance of the Income Tax Act, 1967 to pay franked dividends amounting to RM330,277,000. Its bull run this time is driven by fundamentals.

Stock

2024-01-12 20:57 | Report Abuse

Keck Seng's bull run since the beginning of July last year has been slow and steady. It has never risen by more than 20 sen in a single day, even rises of above 10 sen were rare. During its last bull run in 2013, there were occasional spikes of over 50 sen in a single day. This latest bull run appears more solid.

Stock

2024-01-12 15:06 | Report Abuse

Making another attempt to take down the 50 sen barrier. If not successful today then it should be successful next week. Hurrah!

Stock

2024-01-12 14:52 | Report Abuse

Some savvy investors are slowly accumulating Keck Seng. Keck Seng touched a high of RM7.97 in November 2013, probably equivalent to RM12 today.

Stock

2024-01-12 10:21 | Report Abuse

"Dnex RM4 by year end 2022 did not come true."
@StartOfTheBull, it instead nose dived to 40 sen. How can we trust this nipponjinjosei?

Stock

2024-01-11 17:21 | Report Abuse

Jipun, never use such a harsh word on profit takers. Those who had bought at around 50 sen more than two and a half months ago and those who bought at around 80 sen at the beginning of December have every right to sell and realize their profit. A bird in hand is worth 10 in the bush. You also have the right to wait till it reaches your target price of RM2 or even RM5.

Stock

2024-01-11 16:31 | Report Abuse

Still got strong support at this level. Nothing to worry.

Stock

2024-01-11 16:18 | Report Abuse

I think it is a mistake. The tp should have been RM4.90 and not RM2.90. If it was RM2.90, the recommendation should be "SELL" not "HOLD".

Stock

2024-01-11 15:35 | Report Abuse

Up very fast, down also equally fast. Those who bought at around RM5 a piece are now trapped.

General

2024-01-11 11:05 | Report Abuse

China's total labour force is less than 800 million. How could China be facing 280 million jobless? Check the facts first before foolishly reposting. Each year over 100,000 Americans die of drug overdose. Please look after yourself.

Stock

2024-01-11 10:05 | Report Abuse

The amount of dividend RHB Bank paid during the past two years was 40 sen a share, already the highest ever. It paid an interim dividend of 15 sen a share. It only needs to pay another 26 sen a share for financial year ending 31/12/2023 to create history.

Stock

2024-01-10 16:56 | Report Abuse

Orang naik dia tak ikut naik, orang turun dia ikut turun.

Stock

2024-01-10 12:19 | Report Abuse

Keck Seng has now risen by over 70 sen from its December lows; 30+ sen last December and 40 sen so far this year. Its rise has gathered momentum.

Stock

2024-01-10 11:26 | Report Abuse

Most investment bankers are positive about the local stock market this year. I will just cling on to my investments for now. It hasn't gone up a lot compared to UEMS, Ranhill Utilities or IW City.

Stock

2024-01-10 11:04 | Report Abuse

Keck Seng holds steady while most other counters drop. Good sign!

Stock

2024-01-10 10:58 | Report Abuse

Wow! Stock analysts could only forecast one year ahead but Jipun could predict something 6 years ahead. He is our clairvoyant/fortune teller.

Stock

2024-01-10 10:54 | Report Abuse

Little Jepun, let's see who has been talking cocx. You predicted last year DNEX could go up to RM4-6. It has dropped to just 40 sen now. Those who had followed you have already landed in Holland. Some could have committed harakiri. You also said Farm Fresh would drop to 50sen by end of last year. It is trading at RM1.35 today. How about Hap Seng? When it was trading at RM3.20, you were so negative about it, saying it could drop to RM1.50. It spiked to above RM5 instead. Today, it is still trading at RM4.70. Enough said.

Stock

2024-01-10 10:20 | Report Abuse

Those who had bought heavily at above RM1.20, thinking that it could go vertically up to RM1.50 are now nursing their wounds. Different story for those who had accumulated more than three months ago at below 70 sen. They could be celebrating the coming Chinese New Year with abalone, sea cucumber, shark fin or go for a holiday.

Stock

2024-01-10 09:46 | Report Abuse

Another new day, another new hope. Can our hope be realized?

Stock

2024-01-09 15:41 | Report Abuse

Won't sell at this level. Only hope for a modest profit of around 40% and after that switch to bank counters.

Stock

2024-01-09 11:52 | Report Abuse

Time for RHB Bank to wake up. Its share price was higher than CIMB Bank's just 5 months ago. Today it is 50 sen lower and CIMB Bank's lead is widening.

Stock

2024-01-09 11:22 | Report Abuse

Not making any headway. Comments also become less. haha

Stock

2024-01-09 10:21 | Report Abuse

I believe Keck Seng's uptrend would last for a while. It is a slow and steady rise.

General

2024-01-08 21:30 | Report Abuse

"World human history lost in a single private company. Changes not seen for hundreds of years, only made in CCP worse than 3rd world countries. Lol."
Did you know Citibank shares plummeted by over 95% during the 2007/08 subprime crisis in just a few days. I thought this could only happen in the stock markets of third world countries. And mind you, there were lots and lots of counters which lost over 90% of their market capitalization within days during that period.

Stock

2024-01-08 21:21 | Report Abuse

Has been trading at below 20 sen for about 6 years already. Should be worth above 25 sen a share when the economy picks up. Nothing to worry, dividend yield is still better than 1 year fixed deposit rate.

General

2024-01-08 15:43 | Report Abuse

"Silico Valley Bank, Signature Bank and First Republic Bank were saved by big banks most important depositors able to get back their money. Not like Zhongzhi's investors lost their pants."
Total losses by the Chinese hardly amounted to 1% of losses suffered by the Americans during the subprime mortgage crisis of 2007/08.

Stock

2024-01-08 11:50 | Report Abuse

Higher volume = more punters (including syndicates) are taking part = higher probability of going up.

Stock

2024-01-08 10:38 | Report Abuse

If you had bought at below 35 sen 6 months ago, now can eat lobster already.

General

2024-01-07 20:22 | Report Abuse

"Chinese shadow bank Zhongzhi files for bankrupcty"
Why does this surprise you so much? Didn't the collapse of Silico Valley Bank, Signature Bank and First Republic Bank last year catch your attention? During the world financial crisis of 2007/08, Citibank's share price plummeted by over 95% in just a few days. Without US government rescue, Citibank would have long gone bust.