Wow! Very aggressive selling by EPF, selling almost 14 million shares in just 5 trading days. No wonder RHB keeps dropping.

2022-10-17 15:20
"Aha...expert all hilang, diving to the deep blue sea....hopefully nobody kena their rubbish grandfather story"
@lawrence 86, the above was what you posted on the i3investor forum for UEMS. UEMS closed at 19 sen on that day. It then went up to 30 sen on 29/11. It closed today at 25 sen, way above your forecast. What is your comment on this?

Less than 140 million Keck Seng shares are in the hands of the public. The company only needs less than RM850 million to buy up all the public shareholding assuming it starts buying now and pays on average RM6 for the shares. So cheap to privatize Keck Seng.

ASB buys and sells Maybank shares throughout the year. It has bought Maybank shares 6 times in a row over the past few weeks but prior to this, it sold Maybank shares 16 times in a row. You can hardly get any lead from ASB's sales and purchases.

Do you think you have any chance of success?

If you buy now at RM3.60 and the directors decide to take Keck Seng private at RM7 a share within the next 10 years, then it is still a very rewarding investment. If the directors decide to privatize it 25 years later at RM7 a share, the opportunity cost is then far too big.

All of us are retail investors. Even if one has RM5 million to invest but does the buying and selling himself, he is still considered a retail investor.

Very spectacular run from RM7.89 just over 5 to 6 months ago to RM9.98 and likely should break RM10. Just wonder how long can it last.

MRCB has been performing very badly over the past two and a half years, the worst in 30 years. Even during the Asian financial crisis of 1997/98, it didn't dip below 40 sen. It stayed above 45 sen in the world financial crisis of 2007/08 but this time round, without a financial crisis of any sort, it fell to a low of 28 sen a share lately. This is inexplicable.

RM5 a share is only hypothetical, even RM7 a share is way too low. Keck Seng should be worth RM16 to RM20 a share if all its assets were to be revalued. Too bad, interests of small investors are not well taken care of in this country.

Buy Keck Seng today and be prepared to wait for 5, 10, 15 or even 20 years. I still have Keck Seng shares bought before the 1 for 2 bonus issue in 1995.

@emsvsi, you really think retailers would buy Genting only after it has broken record high of RM12.88? Never think that retailers are bumpkins.

https://www.theedgemarkets.com/article/ta-enterprise-be-delisted-march-30#:~:text=KUALA%20LUMPUR%20(March%2025)%3A,stockbroking%20tycoon%20Datuk%20Tony%20Tiah.
TA enterprise was privatized at 65.5 sen a share several years ago though it was worth a least RM2.25 a share. Majority shareholders of Keck Seng may do the same thing and offer RM5 a share to take Keck Seng private.

Some people like to prove others wrong, that only he is capable of doing the right thing.

Still strong selling pressure. Hope this slowly eases as the date for the release of final quarter earnings approaches.

@speakup, what I have written all this while about Keck Seng are all very factual. There is no contradiction, I haven't bought any Keck Seng shares for about 8 years. Only waiting to sell and switch to Maybank/RHB bank.

MRCB hasn't closed above 40 sen a share for over a year. Now staying above 35 sen a share is a problems. So small investors, it may be some time before you see light at the end of the tunnel.

Only those who are prepared to pass the shares they had bought to their children or even grandchildren should buy this counter.

Can you imagine a hidden gem is trading close to its 12 year low?

If the directors don't have any better ideas on what to do with the company's 1 billion cash, they should pass some cash to fund managers to earn better returns.

There was a big durian runtuh way back in 2010. After disposing of its holdings in Parkway Holdings and reaping a huge capital gain, it declared a one for two bonus. No more durian runtuh over the past 12 years, only a yearly dividend of 10 to 11 sen a share even though the company made over 30 sen a share in some years. No dividend declared in 2020 and 2021 though the company still made over 20 sen a share in 2019.

Cheaper now. Start buying, don't hesitate.

Keck Seng's outstanding performance for the quarter ending 30/09/22 is unlikely to be repeated in the final quarter as the US Dollar has weakened against the Ringgit. Foreign exchange losses for the final quarter should exceed RM10 million. Full year earnings should be around 50 sen a share.

With another two weeks to go before the announcement of RHB bank's final quarter results and dividend payment, there is only one direction it can head, ie north, not south or east or west.

Considering that Genting's quarterly earnings only amounted to around 9 sen a share in 2018 and 2019, making 6.6 sen a share in the final quarter of last year is already a great achievement.

We shouldn't be over optimistic. In case the earnings fail to meet our expectations, then we won't be too disappointed. It is a great achievement if earnings can improve by 100% over the previous quarter.

"However, to expect an average return of 3%+6.6%=9.6% is a bit optimistic.
10 years ago, It was 9.20 on 31.12.2012, and now it is lower at 8.75.
From then to now, in10.12 years time, the average annual return was 5.78%."
@i3gambler, if you want an additional meagre 3% return, you have to buy and sell the counter once or twice a year should an opportunity arise. Maybank shot up to RM11 immediately after GE14.

Ya, mate. So safe that I am considering withdrawing another 10% of my EPF savings to invest in Maybank and RHB bank. With EPF, you won't have capital gains but with Maybank/RHB bank, this is possible. A small realized capital gain of 3 to 5% per year will suffice, in addition to a dividend yield of 6.6%. Cheers

If you have deep pockets then it is alright to collect and wait for the golden eggs to be laid. It could be 10 years later.

Genting's financial results last year should be much better than the previous two years but it would take at least another two years for it to recover to pre pandemic years.

After 5 days of consecutive drops, high time for RHB bank to stage a strong recovery. Don't let small investors down.

Maybank has held up well over the past few days. While a number of other banks have dropped by 6 to 8%, Maybank has dropped by only around 2%. A final dividend of not less than 30 sen a share would be announced soon and it should rise back to RM8.80 again.

The further it drops, the more attractive the stock becomes. Now RHB is trading at a prospective PE of only 9 and a dividend yield of 7.3%, twice 12 month fixed deposit rates.

Kawan, tak perlu hormat pandangan dia sebab dia tak hormat pandangan orang lain. Dia panggil orang yang dia tak setuju jokers, otak udang, talk rubbish, still in dream, tipu orang baru dll. Semua orang boleh bagi pandangan tetapi kena berasas. Kena bagi keterangan kenapa saham MRCB tak boleh naik.

I believe rhbinvest has done some rigorous research before it came out with a buy call on MRCB with a tp of 45sen. Someone here has plucked something from the air and belittled the effort of others.

"GLC link company hantu pon takut....all big loss making"
@lawrence86, the above was what you posted at 14.45 on 2021-11-25. It was your first of 65 posts on i-investor forum. Do you think people would believe in what you write. Don't waste your time.

Discounting dividends, its 52 week low was RM5.43. It is extremely unlikely that it would dip below this level.

From its recent highest closing price of RM5.79 a share on 30/12/2022, it has dropped by 26 sen or less than 5%. It isn't a 15 or 20% drop.

Ignoring adjustments for dividend payments, Maybank hasn't traded below RM8 for over a year.

It should be back to RM5.70 again before end of the month. A 25 sen a share final dividend is expected to be announced then.

Turun lagi baik, peluang beli bawah RM5.60

RHBinvest has recently recommended a buy on MRCB with a TP of 45 sen. Is RHBinvest a joker and spewing out grandfather stories? Looks like today brokerage houses also cannot cari makan. Only lawrence86 can cari makan.

Two here who were initially skeptical about Maybank have now given it a thumbs up. Good sign, good sign. 真金不怕火

Maybe privatise at RM5 a share but if other parties want to take over the company, the directors would demand RM20 a share.

Just like Maybank, this counter is also value for money. You won't lose sleep over investments in RHB bank.

Would consider increasing my investment in RHB bank should its earnings for year 2022 exceed 60 sen again and its final dividend be maintained at 25 sen a share.

Now I am waiting for Keck Seng to reach at least RM6 a share, before I start to sell some and switch to Maybank/RHB Bank. Too bad, I didn't sell when it almost touched RM8 about 10 years ago.

@rottenegg454,Two days ago you wrote Maybank would drop by at least 10-20% over the next three years but you changed your mind today, claiming that Maybank is a good long term buy with strong fundamentals and good dividend. How can I trust you?

"Just proposal lah. Can be cancelled"
Better to propose to the Singapore government to lend Malaysia US$50 billion, with zero interest rate and payable in 25 years.

Just over 10% of my total portfolio. I don't consider this a small % of my total investment.