look like the volume n price r coming down drastically , support fizzled out n hard landing at 6.50 expected if the volume keep on reducing ! Those who bought higher price than this will suffer heavy looses in near term . Long term still fundamentally positive I think.
Yeah, need to stay firm or else we may lose the opportunity to gain more. Many have sold but I believe there are many more who were firmly behind this solid company. Cheers!!!
u need drastic corrections to attract more players of quality here . This is good and healthy given that all the chicken hearted peoples had been scared away by the swift drop in price and the limited market volume suggested that more are capable of holding to the last cents under a revised TP .
My sifu said such consolidation is normal as it didn't break the RM8.00 resistence. This resistence will definitely be broken in near term as many investors are starting to take note of this stock after its recent steep rise. Cheers and happy weekend to all!!!
P/E is at 23.6x based on 2012 earnings . q on q earnings for 2013 is lower than 2012 thus far. In 2012, the co chalked up average quarterly revenue of RM 264m; and total revenue was RM 1.056b. I doubt 2013 can top RM 1.056b, judging by the 2013 quarterly earnings available so far; and 2 more quarters results to come ( 3rd quarter pending).
Keck Seng got battered down again after some wonderful gain this morning. Contrarian rules again. Will remain fully committed to Keck Seng during its up and down. Cheers!!!
Tan skew teng, I saw your comment in pmcorp with confidence initially but later you cursed the promoter just bcos pmcorp has dropped drastically in yesterday n today?
kseng has been stuck in a range of 7.30-7.50 for quite some time ? This counter has no contra as the commission is really big coming close to 10 cts in trading . Buyers r in very small volume likewise the sellers ? all r hoping for the uptrend but never come?
Support remain strong above the RM7.00 level after the huge leap last month to early this month. RM8.00 will definitely be breached but we jz need to wait for the right timing.Cheers!!!
Dont Worry.. This price drop wont be happens if no divident declaration... Must be good potential counter wont be any impact of divident. I m very confident Keck Seng wont be like so kind to burn out Tax 108 declaration
Its ok if you are thinking of making changes after a windfall gain. For me I'll continue to accumulate a few more lots if it weakened slightly. Cheers to all patient and confident shareholders!!!
Ya, amat penting dalam misi kita untuk mencapai kejayaan dalam pembelian saham yang bermutu tinggi dan berkaliber seperti Keck Seng. Salam sejahtera dan selamat melabur!!!
Many property companies are still doing well. Companies with exposure to the red hot Johor Bahru property market like Keck Seng should do quite well this quarter.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
malaysiaboleh
279 posts
Posted by malaysiaboleh > 2013-11-08 10:02 | Report Abuse
top up 3 lots at 7.35