Posted by positive99 > 2013-03-08 09:59 | Report Abuse

1.02 now.yesterday high volume. Hope today it will move up to 1.05

Posted by arv18 > 2013-03-08 13:38 | Report Abuse

This share is worth 1.50. (Assets - Liabilities)/Shares issued = 1.51. If they propose a buyout, then at least 1.50. Directors would be negligent to propose otherwise.

Just look at the balance sheet. That is one sexy balance sheet. Thats why the company is buying back its own shares EVERY DAY.

Posted by arv18 > 2013-03-08 14:05 | Report Abuse

@sephiroth Absolutely right on! I didn't see your post as it was on the bottom of page 3. On the money son! This company is really just a Selangor Landbank (freehold) + Cash. What a Dream!

Posted by nissansunny123 > 2013-03-09 12:00 | Report Abuse

friend i find out not company a big deal, may be somebody want to joint as director or merge. please review tq

Posted by arv18 > 2013-03-10 16:23 | Report Abuse

not company a big deal? what do you mean nissansunny123?

Posted by arv18 > 2013-03-10 16:26 | Report Abuse

join as director or merge, perhaps, but if someone offered to buy the company, based on its assets (as declared in financials), they would have to pay a premium to the current price ~20%.

Even then, it would be a discount to NAV. So I'm curious, are they really cooking the books?

If so, surely they wouldn't be furiously buying back shares. Surely!

Posted by nissansunny123 > 2013-03-11 11:35 | Report Abuse

we will see what is story at the end

Posted by nissansunny123 > 2013-03-11 11:36 | Report Abuse

the company buy back around 16,000,000 share only. but the big deal by other

Posted by necro > 2013-03-11 11:38 | Report Abuse

Hehe..

Posted by hana_2012 > 2013-03-13 11:57 | Report Abuse

Why today is so silent?

Posted by arv18 > 2013-03-13 13:14 | Report Abuse

The calm before the storm. Don't worry. I'm sure the owners are going to make a general offer soon.

If not them, someone else. How much do you think that land in Kajang and Bangi is worth? How can a developer resist. Even MRCB needs to replenish its landbank.

Hotel in Pulau Perhentian....(how many are there in PP)?

Assets - liabilities/Share outstanding = 1.51 per share. Now trading?

Why else has the company been furiously been buying back shares?

Could I be wrong. Maybe. But I'll hang on to my shares for a bit longer.

Posted by lmf_hau > 2013-03-13 14:03 | Report Abuse

Incken Major Shareholder @ 30.04.2012:-

1)11.27% - Hamptons Property S/B
2)09.51% - Cepco Bhd (nominee a/c)
3)05.39% - Euston Technology S/B
4)04.63% - FA Security S/B (MBB nominee a/c)
5)03.57% - Cepco S/B
6)02.42% - FA Security S/B (CIMB nominee a/c)
7)02.21% - Norazlina (Kenanga nominee a/c)
8)01.35% - Ng Ah Chai - Director (JF Apex nominee a/c)
9)01.34% - Norani Bt Supar
10)1.33% - Singapore Invest (Pte) Ltd
__________________________________________________________________

Cepco Low has interest in Incken ????

Posted by arv18 > 2013-03-13 21:10 | Report Abuse

30.4.12???

1. Have you seen how many shares CEPCO has bought since then?

2. Have you noticed how many shares INCKEN has bought back since then?

3. Will have to email bursa for latest list. Will get back to you.

5. For those who can't wait:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?company=2607&category=SB&sub_category=all&alphabetical=All

Posted by arv18 > 2013-03-13 21:12 | Report Abuse

And:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?company=2607&category=SH&sub_category=all&alphabetical=All

Posted by arv18 > 2013-03-13 21:28 | Report Abuse

So far. No insider is selling. Just adding to collection?

Maybe to prevent takeover?

They should release cash to shareholders.

This company reminds me of TSENG, except they represent more of a real company.

Posted by hana_2012 > 2013-03-14 08:46 | Report Abuse

Thank you guys...such a helpful info...i watch this stock every seconds. TQ33

Posted by hana_2012 > 2013-03-14 08:51 | Report Abuse

if im not msitaken, CEPCO is associated company with Incken.

Posted by lmf_hau > 2013-03-14 09:45 | Report Abuse

arv18 ,

These r the info retreived from equity tracker.
This is the most I can do.
In details, has to add manually from every annourcement, and time consuming.

But , I very agreed that , this company really under-"perform" vs KLCI , from financial view.
It value , I calculate later.

Posted by arv18 > 2013-03-14 11:00 | Report Abuse

@lmf_hau Thank you for the info. Much appreciated.

When Bursa replies to my email, I will post update.

Company last bought back shares @ 0.92

Posted by arv18 > 2013-03-14 11:01 | Report Abuse

@hana_2012 you are correct. CEPCO is linked to INCKEN. They are using both vehicles to buy back shares.

Posted by nissansunny123 > 2013-03-14 11:36 | Report Abuse

buy don't wait. keep a profitlah

Posted by nissansunny123 > 2013-03-14 11:37 | Report Abuse

price is fly coming soon, is it

Posted by lmf_hau > 2013-03-19 10:57 | Report Abuse

arv18 ,

Is there any reply from Bursa ??

Posted by nissansunny123 > 2013-03-20 11:47 | Report Abuse

buy back big quantitylah bank have money to lend what

Posted by arv18 > 2013-03-20 18:45 | Report Abuse

Eh Sorry lah. Busy in the AirAsia room.

Still no reply from Bursa. Slow. Send again today.

Gone back up to .965 - I told you. Share buybacks - like crazy. Something cooking.

No need bank loan - when you have a COOL 200 mill in CASH. Zero Debt.

Posted by arv18 > 2013-03-20 19:28 | Report Abuse

Somemore got FREEHOLD land in Kajang and Bangi still!

How many small companies still have prime freehold acreage in Selangor?

Posted by ababab > 2013-03-21 01:22 | Report Abuse

cash= v rich , debt = 0 , freehold prime land = priceless
NAPS = RM 1.75 ..... my conclusion :v worth to buy !

Posted by nissansunny123 > 2013-04-11 11:35 | Report Abuse

roket ready to fly

Posted by sklyte > 2013-04-16 12:56 | Report Abuse

slowly collect incken, sure give angpow after GE

Posted by hana_2012 > 2013-04-17 10:44 | Report Abuse

simpan... ;)

Posted by shukriechek > 2013-04-17 10:47 | Report Abuse

BUY INCH KENNETH NOW OR YOU WILL REGRET LATER.SURELY THIS COUNTER WILL FLY.

Posted by Desmond Liew > 2013-04-17 10:51 | Report Abuse

why this stock can fly! any good news

Posted by shukriechek > 2013-04-18 16:40 | Report Abuse

Accumulate Inch Kenneth.Telah cukup masak utk terbang tinggi.

Posted by hana_2012 > 2013-04-19 08:59 | Report Abuse

betul3...coz b4 this high price is 1.105.jd, ade high possibility unk naik lebih tinggi

Posted by hana_2012 > 2013-04-19 08:59 | Report Abuse

*utk

Posted by sklyte > 2013-04-26 19:12 | Report Abuse

will up after election, collect nowwww

Posted by ynhprop > 2013-05-02 23:34 | Report Abuse

Better be cautions. Election will affect the price drop to 0.80.

Posted by shukriechek > 2013-05-09 12:06 | Report Abuse

This stock will fly soon.Volume has begin to grow

Posted by hana_2012 > 2013-05-10 09:16 | Report Abuse

yes...just need a huge of patience...

Posted by shukriechek > 2013-05-10 15:09 | Report Abuse

Inchkenneth will touch 1.00

Posted by Miaezano > 2013-05-10 17:05 | Report Abuse

Being waiting for >1.00. Be patience. Seems +ve

Posted by CityTrader > 2013-05-10 18:58 | Report Abuse

too many stocks to buy but money is not enough.. so only concentrate few to strike big..

Posted by miaezano > 2013-05-13 15:19 | Report Abuse

Good now already touch 1.00. Still hold leh..

Posted by shukriechek > 2013-05-21 08:46 | Report Abuse

inch kenneth can touch 1.00 today,Be patience

Posted by shukriechek > 2013-05-21 09:43 | Report Abuse

Hold tight inch kenneth.gonna fly...

Posted by nissansunny123 > 2013-05-24 11:24 | Report Abuse

no bonus no dividen ( disoppointed

Posted by Punesh18 > 2013-06-05 17:41 | Report Abuse

What is TP for INCKEN

Posted by Miaezano > 2013-06-12 09:53 | Report Abuse

Start moving up. Reasons anybody? Good sign maybe?

Posted by tcleng > 2013-06-17 15:07 | Report Abuse

palm oil price up but plantation counters stand still....

Posted by shukriechek > 2013-07-17 09:26 | Report Abuse

Watch out for Incken. Something is coming.....