So fast encountered resistance? Hope it could do better next week.

".......but was outright rejected with reasons money hard to come by and have to conserve it for potential future investment, in subsequent years,......."
They didn't make any investment, just keep the money in US and Sing Dollars. Had they used the proceeds to buy some properties in Singapore then, the returns could be several hundred percent.

"pm anwar should make malaysia like macau, open casino every state of malaysia, to boost malaysia tourism and economy"
This is a crazy suggestion. Macao's economy plunged by 21.5% in 2015 as a result of reduced spending by mainland Chinese visitors following an anti-corruption campaign by Xi Jinping. It plunged again by more than 50% in 2020. What kind of economy is it when the government derives over 50% of its revenue from gambling?

"Kseng is a steady safe long term investment for patience investors mah!"
I have held Keck Seng shares for over 25 years. Isn't 25 years a very long time?

"YES REMEMBER SOMETIMES THE MARKETS CAN BE IMPRUDENT FOR LONGER THAN YOU CAN STAY PRUDENT AND AFLOAT !"
When this happens, I conclude that you have been imprudent. Just read one of Warren Buffet's famous quotes.
"No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.”

"GENTING IS A CULT STOCK LIKE TESLA IS A CULT STOCK"
There were quite a number of so called "cult stocks" during the 1993 to 1997 super bull run. Repco, Transwater, PWE, Hwa Tai etc just to name a few. Genting wasn't one of them. It isn't going to be one today.

High time for MRCB to move above 50 sen a share. It has disappointed small investors for far too long.

"YES TP 8.88 TO 9.99 THEN 10.10 THEN 18.88 !"
May be to RM888.88, like Tesla just over a year ago, trading at a PE of over 1,000.

Something is brewing at MRCB. Hope its share price would continue to rise and reach 40 sen soon.

Change its name to Keck Sim would be more appropriate. I have waited for over 25 years until I feel keck sim.

I have lost hope on the directors now in charge in the company. The US dollar had recently gone up to 1 US$=RM4.76 but I am very doubtful if they had reduced Keck Seng's US dollar holdings.

"yah, thats why next 3 years maybank is going to go lower at least 10%-20%"
@rottenegg454, no one believes in what you wrote. This is only possible if our economy shrinks by 10-20% over the next 3 years.

Has been trading at less than 40 sen a share for over a year. Four years ago this time, it was over 80 sen.

"when i buy small at 7.50, 8.00, it keeps going up, when i buy big at 8.86 it immediately u-turn and crash"
You wrote that you bought Maybank at RM 8.82 a share, not RM8.86 a share. It has only dropped by 8 sen a share and you claimed Maybank has crashed. Dropping to RM7 a share in a matter of days can be considered a crash. Almost 100% of Maybank investors over the past 3 years have made money.

Investors are giving Maybank a higher valuation than Petronas Chem for some reasons. Maybank's earnings over the past 12/13 years has been very consistent, averaging around 70 sen a share. Dividend per share has never dipped below 50 sen, averaging about 56 sen a share. PChem earned only 20 sen share in 2020 and 35 sen in 2019. Its eps exceeded 90 sen in 2021 and I expect it to exceed 90 sen again in 2022, all because of high oil prices. DPS for 2019 was 18 sen and for 2020 was 12 sen. Just can't compare with Maybank.

"Just arrived. Casino is packed today :)"
Most will come back poorer. Better to buy Genting shares than to gamble there.

"maybank share keeps dropping
i told you so...."
@goldenegg454, you claimed to have bought Maybank less than three weeks ago at RM8.82. Knowing that it would drop, why did you buy Maybank? You buy a counter when you have the confidence that it is moving up or is about to declare a fat dividend, not when it is about to drop. How to make money this way?

RM3.60 a share is too low. The directors should peg the support level at RM6.30 a share instead.

https://www.thesundaily.my/home/maybank-no-financial-impact-from-subscription-to-adani-s-share-offering-ID10571081
Maybank can't be lying.

@MG9231, by sacking/suspending his opponents, Zahid has actually shot himself in the foot. Anwar has also given the Opposition an additional political fodder to capitalize on. PN has been playing the racial and religious cards prior to the recent GE and they would continue to do so, to the detriment of the nation. I hope you are right. I have no intention to spoil your feast. Enjoy yourself.

"unnecessary worry ... 及人犹天"
Let's see how it performs in the next few months. 别得意忘形

Outcome of impending state elections in Selangor, Penang and Negeri Sembilan would be critical. Should the PN make big inroads in these three states, you would see Genting heading south.

Probably investors are disappointed with the directors for not being proactive enough over the years or the directors just want to keep the price low so that when they decide to privatize Keck Seng one day, they can offer small investors at RM4 a share.

Put it bluntly, DRP issues are only tailored for big investors like ASB, EPF, PNB etc who hold tens of millions of shares. Small investors who have only a couple of thousand shares are unable to benefit anything.

Hope today's talks between the PMs of Malaysia and Singapore can result in the revival of HSR and MRCB's price recovery. Fingers crossed.

Genting casino's future is uncertain once PN takes over. Should go there more often now in case it doesn't exist anymore 5 years later. Hope you win big.

@speakup, the value of Keck Seng shares I hold is 10 times your recommended allocation. I hope it can go up but I have no much faith in it. Too bad I didn't dispose of the shares 8 or 9 years ago when it almost touched RM8.

@stockraider, Keck Seng is cash and asset rich, with multitudes of assets not revalued since the early 1980s but its directors might disappoint you.

Tenaga has made really impressive gains over the past 6 months, rising over RM1.50 a share or almost 20% from its lows in July last year. Naysayers who had predicted that it would drop to RM4.50 a share are now keeping their mouth shut.

I don't think we can find another counter listed on Bursa Malaysia which has a PE of less than 10, a dividend yield of 7% and a NTA which is higher than its market price.

I have never subscribed for any drp shares for the past three years. It is so difficult to make even RM50 from each issue.

We buy Maybank for its generous dividends, not for capital gain.

RHB Bank's 2022 earnings should exceed 60 sen a share again. With an interim dividend of 15 sen a share, the same as last year, I expect the final dividend to be maintained at 25 sen a share also. It shouldn't be trading at a PE of less than 10. A PE of 12 to 13 should be more reasonable.

"time to switch over to us stocks"
Never invest in a stock market that you are not familiar with. So for me, I would only invest in the Malaysian stock market.

@goldenegg454, why did you buy Maybank in the first place knowing that it will keep dropping? I bought some Maybank shares at an average price of RM8.30 a share. Over the past three years, I have received dividends amounting to 177 sen a share, translating into an annual dividend yield of over 7%. There is also a capital gain of around 5%. This is very different from what you claimed.

Keck Seng is worth at least RM15 a share. Should the directors decide to privatize it at RM8 a share, I would accept and switch to Maybank.

When the company made a lot of money, it didn't increase the dividend payment. When it made less, the directors immediately stopped dividend payment.

Very suitable for elderly people. Much better than keeping money in the bank and better return than EPF.

I started to buy Keck Seng over 30 years ago. Still keep a few thousand shares bought during the mid 90s. It needs to revalue all its assets to current market values before privatization.

When the company wasn't profitable during financial years 2020 and 2021, it didn't pay any dividend. The yearly dividend has been quite consistent at 10 sen a share for over 10 years.

As at beginning of November last year, Keck Seng's total foreign exchange gains on its holdings in US and Singapore dollars was more than RM50 million. I am quite doubtful if it has pared down on its US and Sing dollar holdings.

Should go up to at least 50sen a share if HSR is revived.

Pray for a severe recession, then it might drop to RM7.50

"The only difference is you now have 16800*6.29.
So where is the dividend?"
I have received dividends amounting to RM1770 since the beginning of 2020. I bought my Maybank shares at an average of RM8.30 a share. Maybank's share price didn't drop to RM6.53 a share.

"Of course I still say the DY is only 4.9%."
Return your DRP shares to Maybank, then your dividend yield would be 4.9%. All the other Maybank investors would have a yield of 6.6%.

"Then why did you say "would be RM42,240 richer than before"?"
Do you understand the meaning of the word "assuming"?
Do you now still insist that Maybank's dividend yield is not 6.6% but 4.9% or even 0% if all dividend could be converted to shares?

Boy, once a dividend amounting to RM1 is declared, Maybank's share price will no longer stay at RM8.80 a share. No matter what kind of warped logic you may come out with, Maybank's dividend yield stays at 6.6% and not 4.9% or 0% as you claimed.

"You sell off the 4800 units, your ownership become 0.00007%,"
Lad. you are very confused. assuming you sold your 4,800 Maybank shares at RM8.80 a share, you would be RM42,240 richer than before. If you sell and others don't of course your ownership would drop.

"So what actually do I get?"
Oh dear, you get 4,800 units of Maybank shares which you can dispose of to get cash. Which university did you graduate and what did you study?

In a rights issue, an investor has to come out with his own money to subscribe for the rights shares but here you are getting the shares for free, absolutely free.

No speculative play on this counter for several years now. Hope there would be one soon.