@speakup, a lot of things have changed over the last several months. The government has announced its intention to make Forest City a financial centre and Iskandar Puteri region a SEZ. Also, I had earlier on conservatively valued Keck Seng's development land in Kangkar Pulai at around RM1 million per acre. Just over a month ago, Cresendo sold its land parcels in Pulai area for over RM100/ft2. Are you not aware of all these changes?

@Superdaddy, I remember Keck Seng declared 1 for 2 bonus twice, first time in 1995, then in 2010. My profit could have been much, much better had I disposed of my Keck Seng shares in Nov 2013 when it almost touched RM8 and switched to bank counters like Maybank.

48.5 sen is good enough for today. That would mean a jump of about 9% for the week.

@speakup, I have browsed through your comment history from May to July last year and didn't manage to find any of your recommendations to buy Keck Seng. I had already bought Keck Seng shares almost 30 years ago. My average price is under RM1.50 a share.

Such a cheap counter. Still a profitable company and paid 0.6 sen a share in dividend. Buy and keep and wait for syndicates to push its price up.

Yea, get this gem at a 70% discount. Many people are still unaware of its existence.

Won't invest in RHB Bank again until I know how well/bad it had performed in the final quarter and how much dividend it proposes to pay.

Yea my little Jipun, you predicted it would hit RM1.20 by the middle of November, so it is over one and a half months too late. Did DNEX reach RM4-6? Has Hap Seng dropped to RM1.50? Farm Fresh is still trading at over RM1.30, not 50 sen as you have predicted. Why ignore your failures?

IDQWE007, you are pathologically obsessed with China. Pay some attention to events in the Middle East, India and the US. Over 20,000 Palestinians have lost their lives so far as a result of Israel's indiscriminate bombings. In India, 20 women die every day as a result of Dowry related harassment – either murdered, or compelled to commit suicide. In the US last year over 40,000 Americans died in gun violence.

That is the correct way to dabble in speculative stocks. You can't sell at the highest. You have to keep your money in a bank for more than 20 years to get such kind of return.

Have totally no regret putting some money into Maybank almost 4 years ago though apart from the dividends, my capital gain is less than 10%.

Adoi! Belum naik banyak sudah mahu jatuh.

Volume way too low. In order for its share price to move up steadily, turnover has to increase considerably. It does indicate that not many people are willing to sell even at this level.

Well, well, well, some people are just shameless, they just highlight one or two stocks they have predicted "correctly" but ignore those predictions that have gone terribly wrong. Jipun, Maybank is not a joke, otherwise the over 11 million ASB unit holders are also jokes.

Jipun, you recommended DNEX, claiming it would reach at least RM4-6 by end of last year. You advised investors to sell Farm Fresh, claiming it would dip to 50 sen by end of last year. You also wrote Hap Seng might drop to RM1.50. DNEX is trading at 40 sen, Farm Fresh is over RM1.30 and Hap Seng is at RM4,62. What is your explanation little Jipun?

Broke RM5 at long last, highest in over 7 years. Hopefully it can continue its rise to touch RM7.97, reached about 10 years ago.

What is happening to RHB Bank? CIMB Bank's lead over RHB Bank has widened over the past few weeks. It is now almost 50 sen higher.

UEMS has already scaled to its highest level in 6 years but MRCB is still struggling at below 50 sen. There was talk of a merger between MRCB and UEMS quite a few years ago with MRCB valued at 6% higher.

Hei brother, you can go through my comment history, I have never belittled counters other people have bought but this person had belittled Maybank, claiming it was a joke and there would be bank runs. He also belittled Hap Seng, Farm Fresh and a host of other counters.

2020-09-03 10:29
Everything will be back to normal within the next one and a half to two years. There will be bad over capacity in the glove manufacturing industry then and the share price of glove manufacturers will return to early 2020 levels. There is certainly excessive speculation right now.
2020-09-04 11:19
At 8.62 a share, Top Glove has a market capitalization of about 70 billion. Assuming a PE of 20, it needs to achieve net earnings of 3.5 billion. Does any Top Glove investor really think this is achievable in the long term?
The above were two comments I had posted at around the peak of glove craze. Those who had sold their glove stocks then could buy tens times more shares today. I never claim any credit like Jipun.

2023-07-04 12:06
It will free fall to 4x - 5x sens !
2023-07-05 11:54
50 sens end of year
Jipun, you just think too highly of yourself. You had posted a lot of negative comments about Farm Fresh. The above are just two of your numerous negative comments. Farm Fresh closed at RM1.35 today.

Stop your BS Jipun. Several months ago, you predicted DNEX could spike to RM6. Those who had trusted you have already landed in Holland. How much is DNEX today. You claimed Maybank is a joke n predicted bank runs. I am waiting with bated breath for these to happen. When Hap Seng was trading at RM3.20, you predicted it might drop to RM2.50. This didn't happen, it spiked to RM5 instead. You predicted Ranhill would reach RM1.30 at around the middle of Nov. It hasn't reached this level till today.

Slightly more positive this morning. Hasn't closed above 46 sen for over two months now. Seems like 46 is haunting MRCB.

Jipun, when would Hap Seng drop to RM2.50? I have some available funds, can I short the counter now?

Jipun, when is bank run going to happen? I have 75% of my funds invested in bank stocks and I am really scared.

Stay with senile Biden to supply offensive weapons to Israel to kill innocent Palestinians. Stay with the crazy US government to supply more guns to its own people to kill themselves and others.

"Remember If u want earn money just trust Jepun because i already proved to all in i3 , u can refer back my previous posts ! U should keep more swift haulage , ranhill , vstecs ,iwcity tickets !"
Jipun, at last you admit that you are not giving people advice to invest and make money because you are incapable. You are only asking people to meat sai. You eat your own sai, no one will follow you.

Beli RM4.70 minggu lepas, sekarang sudah untung sikit. Sikit sikit lama menjadi bukit.

At the rate Keck Seng is rising, should reach RM5 within a few days. Perhaps privatization is imminent.

"This week 1.20"
Jipun, more than one month ago, u predicted that Ranhill would go up to RM1.20, your wild prediction fell short.
More than half a year ago when Hap Seng fell to RM3.20, you predicted that it could drop to RM2.50 and urged investors to sell. It went up to over RM5.
You also called for a buy on IW City when it was trading at around 70 sen a share several months ago. It dropped to just over 50 sen. Had investors waited, they would have an opportunity to buy at under 55 sen.

Don't wrote off China and Hong Kong stocks, they are trading at PEs of well under 15. US stocks are trading at PEs of well over 30. Tesla has a PE of over 80. In a recession, US stocks could tumble by more than 50%. Citibank dropped by over 95% in just a few days during the 2007/08 financial crisis.

Good start to the new year, Another 35% rise this year would propel Keck Seng's share price to RM6,50 at the end of the year. Let's hope for the best.

EPF needs to replenish the heavy withdrawals by its members over the past two years. Hence RHB Bank would likely maintain or even increase slightly its total dividend payment.

Keck Seng ended the last trading day of last year at RM3.60 a share. If it could close at RM4.75 today, then including the dividends, total gains for 2023 would be RM1.28 or 35.5%.

Even if it doesn't break RM9 today, it would rise above RM9 again soon as the dateline for the announcement of its final quarterly results and final dividend approaches.

"The evil who killed the most Chinese in history."
Because your Western masters told you so? Heard of the Great Indian Famines? 60 million Indians perished as a result. Who was responsible?

We will vote Jipun to become Ranhill Utilities' chairman so that he could lower water tariffs in Johor by 50%.

No more dressing of whatever type. Be content if it can close at 45 sen today.

Yea, pick up blue chip bank stocks whenever an opportunity arises. That is the right way to invest.

"Earthquake in China’s Qinghai Triggers Mudslides, Collapsing 360,000 Tofu-Dreg Buildings"
China detractors/haters like to inflate figures but no one believes them. Qinghai has a small population of under 6 million. It is more likely that 3,600 buildings have collapsed due to the quake. 360,000 homes in Gaza might have been destroyed due to Israel's bombings and missile strikes.

Jipun, water tariffs in Johor are already 50% higher than those in KL/Selangor and several 100% higher than in Penang and you still want them to be raised by 10%. How many million Ranhill Utilities shares have you already bought?

CIMB Bank is already more than 20% higher than its 52 week low, Public Bank is over 13% higher while Maybank is over 9% higher. RHB Bank is only 3% higher. RHB Bank is a laggard now.

Those who wish to buy RHB Bank as a long term investment better act fast.

I have been waiting for so long already to get rid of my Keck Seng shares and switch to bank counters like Maybank, RHB Bank etc in order to earn dividends better than EPF is able to pay. Certainly RM4.70 is not the price to sell. RM7.40 may be can consider.

Water tariffs in Johor are already several times higher than in Penang and Penangites are richer than Johoreans. Johoreans have been taken for a ride by SAJ.

Very disappointing performance this year. Very near to its 52 week low of RM5.29.

Even if MRCB fails to trade higher by Friday and holds steady at 45 sen, it is still 50% higher than last year's closing price. Must have Ah Q spirit!

For other bank counters, when volume goes up, price will generally go up. For RHB Bank, it is different. Its share price drops when turnover goes up.

Don't expect to buy at the lowest, neither should you expect to sell at the highest. 3.60 to 4.70 is only a 30% gain.

Keck Seng's share price always very slow to react to good news.