KECK SENG (M) BHD

KLSE (MYR): KSENG (3476)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

5.58

Today's Change

-0.14 (2.45%)

Day's Change

5.58 - 5.65

Trading Volume

48,400


8 people like this.

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

Posted by prudentinvestor > 2014-04-02 20:38 | Report Abuse

Apple, the world's most cash rich company has US$ 158.8 billion in cash reserve. Its current market capitalization is around US$ 483 billion, having dropped from a peak of over US$ 600 billion some time ago. Keck Seng has cash reserve of around RM 950 million but its market capitalization is only RM 2.52 billion. So you know how cash rich Keck Seng is?

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-04-03 12:42 | Report Abuse

Keck Seng will continue to be in my radar for many many years to come despite so many negative comments from various investors. Time will tell when timing is right. Cheers!!!

cefiro22

383 posts

Posted by cefiro22 > 2014-04-03 13:34 | Report Abuse

It just made to the top 12 "gainers" this morning at close of trading> April l3-2014...at RM7.05, volume too small at 221 lots only. Be patient but hopeful.

tehtarik

35 posts

Posted by tehtarik > 2014-04-05 10:12 | Report Abuse

Thank you for sharing limayseng

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-04-05 10:45 | Report Abuse

ITS A RECOGNITION BY RECOGNIA PROPRIETARY CHART PATTERNS. CHEERS!!!

Posted by prudentinvestor > 2014-04-08 16:15 | Report Abuse

For such an illiquid stock like Keck Seng, only a few traders are sufficient to manipulate its share price. Some traders are clearly buying and selling among themselves. It is a pity that Keck Seng is not on the radar screen of most investors despite its huge assets.

iafx

4,632 posts

Posted by iafx > 2014-04-08 16:38 | Report Abuse

can consider hapseng as it is still fair price

Posted by leslieroycarter > 2014-04-11 12:14 | Report Abuse

month of April is month of dividend disclosure ....? How much r we receiving ? 5-6 cts or an exciting bumper dividend plus other news forth coming? Pls not again the same old stuffs .....................really bored!

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-04-11 13:10 | Report Abuse

The dividend issued is quite steady in the last 10 years. Anything more is jz a great bonus. Cheers!!!

Posted by prudentinvestor > 2014-04-11 15:43 | Report Abuse

Never have too high an expectation of this counter, you may be greatly disappointed later on. The company had the opportunity to pay more franked dividends from its huge 108 balance, yet it didn't. So do you think that the management would declare a bumper dividend this time? Not likely to exceed 8 sen.

thteh

106 posts

Posted by thteh > 2014-04-11 23:18 | Report Abuse

Old chinaman company. Only know how to keep money in banks with low interest.

Posted by prudentinvestor > 2014-04-14 20:21 | Report Abuse

Do you guys know anything much about the "friendship" bridge between Malaysia and Singapore. I think it would be located at the eastern side of the IDR as the western side already houses the second link, two universities and a host of other amenities. A proposed terminal for the high speed rail between KL and Singapore is also going to be located here. Development has to be well balanced but the western part seems to be drawing the attention all this while.

limayseng

2,076 posts

Posted by limayseng > 2014-04-17 16:09 | Report Abuse

OVERSOLD.....................NO PICK UP EITHER?

Posted by leslieroycarter > 2014-04-18 15:03 | Report Abuse

April is the month to declare dividend or dividends?

Posted by prudentinvestor > 2014-04-19 12:16 | Report Abuse

The market only expects a 6 to 8 sen dividend.

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-04-19 13:04 | Report Abuse

Anything above 7cts is an additional bonus in view of its prudent BOD. Cheers!!!

Posted by leslieroycarter > 2014-04-20 12:08 | Report Abuse

cheers 6-8 cts....dividends>>>>>>>>>>>>>>>>>>>>>>>>

stockraider

31,556 posts

Posted by stockraider > 2014-04-20 13:27 | Report Abuse

kseng is a spore 3rd crossing property play mah....!!
With huge plantation land and large tract of golf clubs at cheap cost, u can be assure of surewin play for johore baharu mah...!!

It got very good margin of safety and it is paying dividend too loh..!!
Most of important kseng also got sizeable equities and cash holding close to Rm 4.00.

This is a very rare companies with such huge cash & shareholdings,
The other raider can think of is Oriental Bhd loh..!!

Posted by leslieroycarter > 2014-04-21 09:51 | Report Abuse

april 24th-27th usually declares dividends....

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-04-21 10:21 | Report Abuse

Hi Sifu Raiders, very delighted to know that you are in this forum. With ur expertise, I believed Keck Seng will be wellknown in this forum in no time. Cheers and welcome!!!

Posted by leslieroycarter > 2014-04-21 10:59 | Report Abuse

shape of cup n handle suddenly appears ....and most likely kseng will gap up after the handle matures in shape ......hope this time is real! lai liao>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Posted by leslieroycarter > 2014-04-21 11:08 | Report Abuse

is the bonus , split shares or sp dividend in the offing this time around ?????????????????????????????????????????????????????????????????????

thteh

106 posts

Posted by thteh > 2014-04-21 11:43 | Report Abuse

Let's hope management is finally coming out with something to reward their loyal shareholders. No point talking about Iskandar play, 3rd bridge crossing, cheap plantation lands and plenty of liquid cash blah, blah blah.

stockraider

31,556 posts

Posted by stockraider > 2014-04-21 12:10 | Report Abuse

Bullish news on Kseng.....the 3rd crossing to SPORE will be developed near kseng land near pasir gudang.....that mean land appreciation.

Kseng land cost about Rm 0.50 psf more than 6000 acres.....so what do u think $$$$$ land profit ah ?

Posted by 12wells70palms > 2014-04-21 12:10 | Report Abuse

agree. management has its own agenda n self interest. they are not transparent n do not reveal much to their shareholders. they run the company as if it was a family enterprise ( selfish mentality). we need to be v patient.

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-04-21 12:29 | Report Abuse

Sifu Raiders, you mean 3rd crossing will be around Tg Langsat/Pasir Gudang? Then, there's more reason for us to keep such gem in long term if it's confirmed. Anyway this is still discussion at the intial stage. Even without the 3rd crossing, the land value is expected to be majestic. Cheers!!!

Posted by leslieroycarter > 2014-04-21 14:49 | Report Abuse

flash in the pan?

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-04-21 15:53 | Report Abuse

When you hold Keck Seng, you've to set used to the price fluctuations. Only then you can invest in the company with ease. To me, the more I hold, the better I felt. Cheers!!!

Posted by prudentinvestor > 2014-04-21 20:07 | Report Abuse

Investors are probably speculating about a higher than normal dividend. A few more days for Keck Seng shares to move higher.

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-04-22 13:54 | Report Abuse

Even if its' one cent higher than last year, it will be a great achievement looking at the prudency of its Board of Directors. Cheers!!!

Posted by leslieroycarter > 2014-04-22 14:18 | Report Abuse

it need to cross 1st hurdle at 7.22 before it can really say that it is on the up leg.

iafx

4,632 posts

Posted by iafx > 2014-04-22 14:44 | Report Abuse

1:1

Posted by leslieroycarter > 2014-04-22 14:45 | Report Abuse

boom>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

iafx

4,632 posts

Posted by iafx > 2014-04-22 14:53 | Report Abuse

tons of cash, cpo price up, Johor land/properties good price... kseng has a lot to offer!!

Posted by 12wells70palms > 2014-04-22 14:59 | Report Abuse

At last ! there is no turning back. will retest 8.00 !

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-04-22 15:03 | Report Abuse

Those with great patience, shall be greatly awarded. Keck Seng!Keck Seng!Keck Seng!Go!Go!Go!

cefiro22

383 posts

Posted by cefiro22 > 2014-04-22 15:08 | Report Abuse

For Keck Seng to retest 8.00, it has to be more than that peanut 6-8 sen dividend.....http://www.youtube.com/watch?v=-_f5NbPOOGE

thteh

106 posts

Posted by thteh > 2014-04-22 15:17 | Report Abuse

Yes let's wait. BOD cannot be aloof and insensitive to loyal shareholders. When company made money spread some goodies to investors, when time are bad we tanggung sama sama. That shld be the spirit .

2767max

189 posts

Posted by 2767max > 2014-04-22 16:28 | Report Abuse

Keck Seng boss should distribute more dividend to the loyal share holders,not just 6 to 8 sen.

Posted by leslieroycarter > 2014-04-22 16:46 | Report Abuse

why sudden surge ! any insider news???????????????????????
bonus issue ?
Special dividend?
Split shares ?
or take-overs ?

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-04-22 16:55 | Report Abuse

Jz a lot of anticipation but no confirmation. Anything is possible for Keck Seng. Kseng!Kseng!Kseng!Go!Go!Go!

Posted by prudentinvestor > 2014-04-22 19:45 | Report Abuse

The last time Keck Seng reached this level was at the beginning of Dec 2013, thereafter it was all the way down. Hopefully Keck Seng has the strength to reach RM 8 before the dividend announcement.

stockraider

31,556 posts

Posted by stockraider > 2014-04-22 23:01 | Report Abuse

With so cheap large land....kseng sure can get bumper harvest..!!

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-04-23 10:13 | Report Abuse

Morn Sifu Raiders, is it true the 3rd link will be very close to Kseng land? Anyway, even if it is at RM10/sq ft, the net asset value per share will definitely be increased by another RM5 to RM6.50 . Cheers!!!

stockraider

31,556 posts

Posted by stockraider > 2014-04-23 10:17 | Report Abuse

Superdaddy yes....!!
Cheers!!

SUPERDADDY

400 posts

Posted by SUPERDADDY > 2014-04-23 10:36 | Report Abuse

Sifu Raiders, if that's the case, even if it touched the magical RM10/share its still definitely a bargain buy. Do send my sincere regards to your senior analyst too. Cheers!!!

Posted by leslieroycarter > 2014-04-23 11:25 | Report Abuse

kseng....>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>to TP 10/17.00?

thteh

106 posts

Posted by thteh > 2014-04-23 15:10 | Report Abuse

Let us spread the good news to friends and relatives that they cannot go wrong investing in KSeng before it is no longer cheap to buy. BOD also need to do more in terms of dividends.

Post a Comment
Market Buzz