KECK SENG (M) BHD

KLSE (MYR): KSENG (3476)

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Last Price

5.62

Today's Change

-0.10 (1.75%)

Day's Change

5.58 - 5.65

Trading Volume

42,400


8 people like this.

3,489 comment(s). Last comment by prudentinvestor 5 hours ago

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-11 14:50 | Report Abuse

Keck Seng!Keck Seng!Go!Go!Go! Cheers!!!

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-11 15:05 | Report Abuse

With Keck Seng, anything can happen. Jz enjoy the ride to the peak. Cheers!!!

iafx

4,632 posts

Posted by iafx > 2014-03-11 16:19 | Report Abuse

soybean price up quite significant today

Posted by leslieroycarter > 2014-03-11 16:32 | Report Abuse

IT WILL BE A SAFE JOURNEY TO 8.00 SOON! NOW BB ARE BUYING GOOD FUNDAMENTAL STOCKS!

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-11 16:43 | Report Abuse

ONCE BREAK RM8.00 RESISTENCE, THERE'LL BE NO TURNING BACK. CHEERS FOR ALL STRONG HEARTS!!!

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-11 17:31 | Report Abuse

Closed beautifully at RM7.12. Hope for more upside in next couple of days. Cheers!!!

Wowalk

110 posts

Posted by Wowalk > 2014-03-11 17:38 | Report Abuse

6769 disappear already?

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-12 09:59 | Report Abuse

Holding firm amid low volume. Hope it can withstand the current profit taking on Bursa. Cheers!!!

Posted by leslieroycarter > 2014-03-12 11:07 | Report Abuse

trend still positive....it will spring back with vengeance!

Posted by prudentinvestor > 2014-03-12 15:56 | Report Abuse

The timing isn't good this time. We have the stand off between Western powers and Russia over Ukraine, concern over China's economic outlook. Tokyo dropped by 2.6% today and HK has dropped 1.53% so far. Keck Seng also went up very strongly during its recent bull run amid poor market sentiment. It is likely to be the same again this time.

iafx

4,632 posts

Posted by iafx > 2014-03-12 16:01 | Report Abuse

Ukraine crisis actually boosted wheat price.

iafx

4,632 posts

Posted by iafx > 2014-03-12 17:29 | Report Abuse

the possibility of war due to Ukraine is near zero. study the area history & economy structure will help u to understand why. some ukrainean thought EU will bail them out, they don't know what happen to Greece yet, esp Germany way of doing thing. there might be however; some exchange between Ukraine and Russia proxy troops as tension goes.

iafx

4,632 posts

Posted by iafx > 2014-03-13 12:04 | Report Abuse

Indon 3rd biodiesel tender scheduled b4 end of April, would strengthen cpo price at current level, if not push further on top of dry weather.

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-13 16:37 | Report Abuse

Keck Seng price movements looks quite similar these couple of days. After losing about 8 cts before lunch, it recouped all losses and trying to remain unchanged now. Hope that there'll be some major news in the pipeline for all bravehearts. Cheers!!!

Posted by leslieroycarter > 2014-03-18 12:48 | Report Abuse

chartwise , kseng looks very positive and its price may swing up or gap up with no prior indication coz volume is constant but price is stabilised around the same range. Many start collecting when it touched RM 6.00 and now is centred around RM7. Many are hopeful that it may swing upwards with vengeance!

Posted by leslieroycarter > 2014-03-18 13:25 | Report Abuse

Thursday, 27 Feb 2014

5:50PM KSENG Financial year end net profit 147.246 million (increased 79.57%)

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-18 14:14 | Report Abuse

Next month, is the dividend announcement month. Hope it will be a surprise dividend pay-out as they have been quite consistent paying between RM0.10 to RM0.12 cts per annum on its dividend disbursement which is quite reasonable. Cheers!!!

Posted by leslieroycarter > 2014-03-19 08:35 | Report Abuse

yes, usually end of April declaring 6 cts ( this time around whether is the same or higher is yet to know plus other good news ?) and Ex- in the beginning of July each year . many hopefuls are waiting for the bumper dividend?

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-19 12:39 | Report Abuse

Keck Seng Inv (HK) have been actively traded lately with upward swing and holding firmly above the RM6.00 level of late. Hope there's some spill over effect on our very own local Keck Seng. Cheers!!!

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-19 14:50 | Report Abuse

Sorry the value of Keck Seng Inv (HK) should be above HKD6.00 instead of RM6.00 that I mentioned earlier. Any error is regretted. Cheers!!!

eht6769

711 posts

Posted by eht6769 > 2014-03-19 17:38 | Report Abuse

both counter will good support to each

Posted by leslieroycarter > 2014-03-21 12:16 | Report Abuse

volume and price came down far too long ...may be many had forgotten the existence of this counter. Probably the most DEAD COUNTER in Bursa !

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-21 12:20 | Report Abuse

Do not give up. Such trend is normal for Keck Seng. Will be back with vengeance again. Cheers!!!

cefiro22

383 posts

Posted by cefiro22 > 2014-03-21 13:22 | Report Abuse

have not given up this stock yet...this time round most of us expect that special bumper dividend to be declared out of the "tax credit" that was reported in Nanyang...so we wait patiently for this year-end special dividend announcement, if none, the share price will gradually drift back down.

nightrader

140 posts

Posted by nightrader > 2014-03-21 13:28 | Report Abuse

tax credit rumours since 2012 but still no money come

cefiro22

383 posts

Posted by cefiro22 > 2014-03-21 13:35 | Report Abuse

From what I understand, any Tax Credit accumulated to Year-End Dec., 2013 in the Accounts, must be paid out, or get forfeited. Please correct me if this info is wrong. Thanks.

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-21 16:57 | Report Abuse

STAY FIRM AND IT WILL BLOOMS WHEN THE TIMING IS RIGHT.CHEERS!!!

iafx

4,632 posts

Posted by iafx > 2014-03-21 16:58 | Report Abuse

over 6K at buy q waiting now :D :D

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-21 17:30 | Report Abuse

More than 6k queing shows the huge confidence and support towards the most undervalue stock in Bursa at the current moment. Anything belowRM8 is still a good buy.Cheers!!!

Posted by prudentinvestor > 2014-03-21 21:51 | Report Abuse

May be these buyers have some insider news about Keck Seng that you and I don't know.

calvintaneng

56,632 posts

Posted by calvintaneng > 2014-03-22 12:44 |

Post removed.Why?

iafx

4,632 posts

Posted by iafx > 2014-03-24 11:32 | Report Abuse

atm cpo price all +green

Posted by leslieroycarter > 2014-03-27 17:01 | Report Abuse

kseng is fairly valued so not much upside expected....vol n price is constant . div is 10-11 cts flat p.a. If u r going for real long-long term, this may be your counter. day traders better avoid this one coz u may be trapped for another 10 yrs. No joke! So please forget totally on kseng....

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-27 17:01 | Report Abuse

Every wise person has their own view in term of investment either short or long term. Whatever it is, with Keck Seng, we can always sleep with ease. Cheers!!!

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-03-27 17:37 | Report Abuse

Close moderately at RM7.04 today.Looks like its trying to maintain at RM7.00 level for the timebeing. Cheers!!!

cefiro22

383 posts

Posted by cefiro22 > 2014-03-27 20:06 | Report Abuse

Yes...money is not everything, making "quick money" is not for a stock like Keck Seng. Have faith, slow and steady, this stock "will work for you". You wont make fast bucks but you will live longer with less stress. I am now hoping for that bumper special dividend, after buying and holding. If it comes, well and good. If not...?? You think the Directors would be so mean to forfeit that "tax credit"?

Posted by prudentinvestor > 2014-03-28 00:07 | Report Abuse

cefiro22, The Directors had already forfeited the "tax credit" when they failed to declare a special dividend to Keck Seng's share holders to use up the company's 108 balance which amounted to over RM 300 million as at end of 31/12/2013. It is all history now and every company including Keck Seng has to pay net dividend, no more franked dividend where 25% tax was deducted and you could claim a portion or all of the tax deducted from the Inland Revenue Department.

cefiro22

383 posts

Posted by cefiro22 > 2014-03-28 09:42 | Report Abuse

prudentinvestor...tq for you comments. I am still hanging on to the last glimmer of hope that the "tax credit" has not been forfeited till after this year-end account to Dec 31-2013 has been audited and compiled and can be announced and paid when the annual report is released anytime now.

Posted by prudentinvestor > 2014-03-28 11:17 | Report Abuse

It is a big pity that many investors still don't have a clear understanding of the so called "tax credit" or the 108 balance. When Keck Seng failed to make full use of its "tax credit" to pay franked dividends to its shareholders by the 31/12/13, it didn't mean that the company had to surrender its 108 balance ( over RM 300 million for which corporate tax had already been deducted) to the IRD. It is crazy to think this is so.

cefiro22

383 posts

Posted by cefiro22 > 2014-03-28 16:59 | Report Abuse

Yes you can repeat that again....and I am one included among the many that I have tried to ask for clarification including the accountants. With this info...and price seems to stabilise at RM7.00....ok to sapu some. Thanks.

Posted by prudentinvestor > 2014-03-30 13:26 | Report Abuse

With the introduction of the Finance Act 2007 gazetted in December 2007, companies could no longer pay franked dividends to their shareholders effective 2008, except for companies which still had credit in the 108 Balance (Keck Seng being one of them). However, such companies were given until the 31/12/2013 to pay franked dividends to their shareholders after which this right would be forfeited. Actually this Act was introduced to stem the loss of tax revenue. Now suppose a company made RM 100 million in 2007 and paid 25% corporate tax. The company then declared RM 100 million gross dividend to its shareholders and assuming all its shareholders were retired people. Can you imagine the scenario? The shareholders would only receive RM 75 million in total and would claim back the entire RM 25 million which the company had paid from the IRD. How much did the Government receive in tax revenue from the said company? NOTHING.

calvintaneng

56,632 posts

Posted by calvintaneng > 2014-03-30 14:02 |

Post removed.Why?

Posted by leslieroycarter > 2014-03-31 20:29 | Report Abuse

no show so live in seclusion.

cefiro22

383 posts

Posted by cefiro22 > 2014-04-01 11:14 | Report Abuse

Patience ?? Let the tired holders clear their position at the RM7 upwards as it appears to be as at now, April 1, 2014

Posted by prudentinvestor > 2014-04-01 12:28 | Report Abuse

Keck Seng is expected to announce the company's final dividend for the financial year ended 21/12/13. No one knows exactly how much its conservative and stingy directors would declare but there could be another round of speculative play. So just be patient.

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-04-01 16:10 | Report Abuse

No matter how stingy or conservative the directors are, they will have to give out something special either this or next year to appease all its long waiting shareholders as the cash coffers almost burst up to the RM1 billion marks in the next couple of quarters.Cheers!!!

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