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2015-04-10 20:30 | Report Abuse
rich, you should immediately sell your Keck Seng shares, if you have invested in this counter. The probability of Keck Seng going up to RM 14 is higher.
2015-04-10 10:27 | Report Abuse
Don't worry. Just be patient and it will drop to 45 sen again within the next one month.
2015-04-09 20:23 | Report Abuse
More likely to be 1st target 0.76, 2nd target 0.85
2015-04-08 20:38 | Report Abuse
With the present conservative management, you may have o wait for years before the company's full potential can be realized.
2015-04-03 09:14 | Report Abuse
Unlikely to have anything you mentioned. Only 6 sen single tier dividend is assured.
2015-03-26 17:12 | Report Abuse
I have the confidence that CPO would move above RM 3,000 per ton within the next 3 years. FGV should follow suit and move above RM 3 per share. Can anybody work out the return if you buy FGV now?
2015-03-24 18:38 | Report Abuse
To make it short, should Keck Seng's directors decide one day to call it a day and dispose all its assets at market prices, those who have bought today can expect a return of not less than RM 15 per share.
2015-03-23 12:41 | Report Abuse
lim, you got your arithmetic wrong I am afraid. 1700 acres at RM 200,000 per acre would work out to RM 340 million in total. Anyway, the compensation is likely to be at least 50% higher than your quoted rate if any acquisition really takes place.
2015-03-20 17:42 | Report Abuse
You need to be extremely patient with this counter. The next time Keck Seng may move will be when the company is about to announce the payment of the final dividend.
2015-03-17 16:31 | Report Abuse
As of 5 May 2014, Keck Seng's directors and their associates are in possession of about 61% of its paid up capital. Only its directors and their associates are in a position to make a general offer to take over Keck Seng, meaning to privatize it.
2015-03-13 11:58 | Report Abuse
Did you know that Vincent Tan owns (directly and indirectly) 65.53% of Berjaya Land and 53.59% of Berjaya Food?
2015-03-12 16:53 | Report Abuse
If you take a copy of Keck Seng's most recent annual report, you will find that more than half of the company's 30 largest shareholders are linked to the Ho family and they together hold more than 55% of Keck Seng's paid up capital.
2015-03-12 15:34 | Report Abuse
The Ho family and their associates would only sell the company to you at upwards of RM 25 per share.
2015-03-12 11:02 | Report Abuse
The company had penalized the small investors by failing to declare a special dividend from its 108 balance two years ago. Perhaps it is time to make amends and reward loyal small shareholders?
2015-03-12 10:26 | Report Abuse
EPF keeps buying this counter lately. Possibility of uptrend is higher.
2015-03-06 12:04 | Report Abuse
You can't get it for less than RM 500k per acre.
2015-03-04 09:55 | Report Abuse
Don't sell Keck Seng shares. Selling Keck Seng shares means you are actually selling land priced at RM 5,000 per acre in Johor Bahru.
2015-03-02 21:59 | Report Abuse
If CPO goes up to RM 3,000 per ton in three years time, I believe FGV should move up to at least RM 3.50 per share. That is a gain of almost 60% or 20% per year, not including the dividend that the company may declare. Not a bad bet.
2015-03-02 11:42 | Report Abuse
If I know, I would buy first before telling someone else to buy. If you are taking a long term view, say around 2 years, it is still a good buy.
2015-02-28 15:45 | Report Abuse
EPF has been aggressively accumulating this counter over the past few weeks. MUFJ's selling pressure has abated somewhat. Unlikely to drop much due to poor financial result.
2015-02-27 19:36 | Report Abuse
Final quarter result quite commendable. Keck Seng shares should move up moderately next week.
2015-02-26 23:09 | Report Abuse
I think the company is still reasonably sound. It lost money because it has made provision for losses incurred during the severe flood at the end of last year. The company may bounce back with a profit of over 30 sen per share in its final quarter, just like last year. You never know.
2015-02-24 17:38 | Report Abuse
Don't expect it to move up any further tomorrow. Extremely poor earnings.
2015-02-23 19:59 | Report Abuse
The company's accountant had failed PMR maths.
2015-02-23 18:35 | Report Abuse
Quite some time this counter has not traded above 80 sen. Good opportunity for TA to go up above 80 sen again, so be patient.
2015-01-28 22:11 | Report Abuse
With CPO hovering at around RM 2,200/ton and crude oil at around US$ 45/barrel, FGV is extremely unlikely to rise above RM 3 per share. I would cut loss at about RM 2.80 to RM 3.00 and wait for it to come down before re-positioning.
2015-01-28 16:15 | Report Abuse
Good chance to pick up at RM 8.40 and below.
2015-01-27 20:16 | Report Abuse
This year's dividend is going to be much less than 10 cents.
2015-01-23 15:33 | Report Abuse
MUFJ still selling aggressively.
2015-01-19 21:49 | Report Abuse
Calvin, you have given too much credit to EPF.
2015-01-15 14:55 | Report Abuse
Some big sellers around but there are also many big buyers. Should close at not less than RM 6 today.
2015-01-14 11:48 | Report Abuse
Going down to 45/46 sen again.
2015-01-13 17:27 | Report Abuse
MUFJ should have first hand information.
2015-01-13 17:23 | Report Abuse
Selling by EPF and Kumpulan Wang Persaraan seems to have stopped since the new year. The price of palm oil has also rebounded quite strongly over the past two weeks. These are two plus factors for FGV to move up.
2015-01-13 15:46 | Report Abuse
I believe MUFJ is still dumping CIMB shares today but there are other institutional investors picking up the shares. The rise is too sharp.
2015-01-13 10:15 | Report Abuse
If MUFJ stops selling, CIMB should easily move up to RM 6.
2015-01-12 10:20 | Report Abuse
Those who had bought last week at around 40 sen would have made 20% in one week. Not a bad investment. I think it should be back to square one after today. Fundamentals have not changed.
2015-01-10 14:49 | Report Abuse
Which is more likely? Moving up another RM 2.20 to RM 7.50 or dropping another RM 2.20 to RM 3.10? If you want to invest in shares, there is a certain amount of risk that you have to take.
2015-01-09 15:52 | Report Abuse
Vin Cullen, if you buy CIMB at RM 5.30 today and suppose it goes up to RM 7.50 two years later, including the dividends you receive, do you know how much you have gained?
2015-01-09 14:55 | Report Abuse
For those who had bought at RM 7.00, they have no choice but to wait for the rebound. If you are prepared to keep this stock for up to 2 years, it isn't a bad time to buy now.
2015-01-09 11:32 | Report Abuse
Just bought 800 shares at 8.51. It is a much better gamble than CIMB which I suffer over 15% loss.
2015-01-08 15:38 | Report Abuse
Most people are impatient. They hope to buy today and make 20% a few days later.
2015-01-08 12:06 | Report Abuse
FGV's share price seems to have bottomed out at just above RM 2. Also selling by EPF and Kumpulan Wang Persaraan appears to have stopped since the new year, perhaps paving the way for a strong rally?
2015-01-08 11:09 | Report Abuse
This is a stock purely for speculation. Trade at your own risk.
2015-01-07 17:14 | Report Abuse
fela, you should wait until it drops to 9 sen.
2015-01-06 11:21 | Report Abuse
For those who speculate on Iris, good luck but be careful not to get your fingers burned.
2015-01-05 10:46 | Report Abuse
Market sentiment is very bad and you guys still expect this counter to go up to 60-90 sen? Ringgit is down again this morning, US$1 = 3.53 Ringgit, Sin$1= 2.65 Ringgit. Price of oil is still going down. Looks like there is no bottom.
Stock: [KSENG]: KECK SENG (M) BHD
2015-04-14 15:32 | Report Abuse
The quantum of dividend to be paid will be known when the company releases its annual audited accounts at the end of this month.