Posted by prudentinvestor > 2019-02-21 19:58 | Report Abuse

@SUPERDADDY, it is OK to accept a discount of 30% to Keck Seng's NTA of over RM 20 a share but if the directors only offer RM 7 per share, I doubt there would be any takers. If they are the vendors instead, I am sure they would demand a premium of 30%. Assuming Malaysians hold 110 million Keck Seng shares (30% of its paid up capital), this would result in a loss of over RM 1.4 billion to the country if we were to let go KS shares at RM 7 a share.

Posted by 4444 > 2019-02-22 03:17 | Report Abuse

Has already gone up by over 40% from its recent low. Better to tread cautiously rather than joining in the stampede.

Posted by fourM > 2019-02-22 08:25 | Report Abuse

Selling force Coming

Posted by SUPERDADDY > 2019-02-22 08:34 | Report Abuse

No worries, opportunities to collect at lower levels if selling continues.If go up further, jz watch and view the excitements. Kseng! Go!Go!Go! Cheers!!!

Posted by prudentinvestor > 2019-02-22 10:02 | Report Abuse

Someone here clearly lacks originality.

Posted by SUPERDADDY > 2019-02-22 10:05 | Report Abuse

Nice, some buyers starts queuing at RM4.99. Cheers!!!

Posted by SUPERDADDY > 2019-02-25 12:42 | Report Abuse

Will slowly collect on weakness due to current profit-taking after recent rise Cheers!!!.

Posted by fourM > 2019-02-26 20:19 | Report Abuse

Heavy force selling may arise tomorrow. Good luck to contra kaki

Posted by fourM > 2019-02-27 22:16 | Report Abuse

Good “force selling” was not form....good good good

Posted by SUPERDADDY > 2019-02-28 11:26 | Report Abuse

Bought a bit more on weakness. Cheers!!! No worry. Be happy!

Posted by hhtyms > 2019-02-28 12:37 | Report Abuse

BOD to announce financial results today. Good news!!!

Posted by SUPERDADDY > 2019-02-28 13:00 | Report Abuse

Good or bad, its still one of the most undervalued shares on Bursa. Cheers!!!

Posted by SUPERDADDY > 2019-02-28 18:03 | Report Abuse

Reasonable full year results as at Dec'18 with RM40 million in net profit reported. Cheers!!!

Posted by fourM > 2019-02-28 20:22 | Report Abuse

Cheers

Posted by SUPERDADDY > 2019-03-06 17:37 | Report Abuse

Hope it has sufficient rest for further upsurge later on. Cheers!!!

Posted by prudentinvestor > 2019-03-06 20:00 | Report Abuse

Over the last 25 years, Keck Seng has only rewarded its share holders thrice with bonus issues, the last time being in 2010. It has never declared any special dividend in its history.

Posted by SUPERDADDY > 2019-03-07 10:44 | Report Abuse

Hope the second generations will be able to provide company with further confidence towards diversification in its portfolio and investments. Most of the existing board members are almost if not more than 70 years old already. Time to let the younger gens decides their future growth prospects and enhancement in its share value.Cheers!!!

Posted by cefiro22 > 2019-03-08 11:11 | Report Abuse

Dont have go far...just look at KLK, same business, but less diversified, how it's Younger Generation have steered it to where it is now to a very creditable performance for the benefit of the shareholders. Too bad we have taken the wrong boat and have to wait and wait till when??

Posted by SUPERDADDY > 2019-03-08 12:58 | Report Abuse

No worry, it won't be too long for things to get better soon. Cheers!!!

Posted by fourM > 2019-03-08 20:30 | Report Abuse

With good assets based we all are save to keep and wait. We don’t have to worry so much on current uncertainty economy atmosphere surrounding us. And look at current price chart, Price is on it way for next wave..... hope the wave is strong enough to bring all of us to shore.

Posted by SUPERDADDY > 2019-03-13 13:08 | Report Abuse

Market overall unpredictable but Kseng continue to stay cool. Cheers to all forummers!!!

Posted by hhtyms > 2019-03-14 09:17 | Report Abuse

Keck Seng should start Dividend Reinvestment Scheme if it still not going to declare B Issue or bigger cash dividend.

Posted by fourM > 2019-03-16 14:43 | Report Abuse

For this counter, just need to wait.....wait for the day to come, just like wait for durian to drop

Posted by SUPERDADDY > 2019-03-18 11:48 | Report Abuse

Not much buying support this morning but quite a huge lot of 41,200 shares queuing up at RM4.77 was swallowed up in one gulp. What a big appetite! Cheers!!!

Posted by chcheah > 2019-03-19 22:00 | Report Abuse

Nothing exciting yet.

Posted by fourM > 2019-03-19 22:14 | Report Abuse

Wait patiently

Posted by cefiro22 > 2019-03-19 22:47 | Report Abuse

how much more patience needed??..the owners have ample $$ n they can wait...they have stopped buying back the shares for themselves for the moment, they can afford to be patient.

With our limited $$, how to be patient? Tired holders are waiting to abandon ship the moment it hits 5/-

Posted by hoplanner > 2019-03-19 23:41 | Report Abuse

Ah pek management .

Posted by cefiro22 > 2019-03-20 10:12 | Report Abuse

Ah Pek, they may be, but they know and operate within the laws....Remember that "Tax Credit" that most claimed the Company was entitled to, we thought,..and the share price spiraled to above RM7/-. The Management did not have to give any explanation because no one asked at the AGM.

In future, perhaps we can use this body to help us,

https://www.scribd.com/document/253941156/Role-of-MSWG-in-Safeguarding-the-Interest-of-Minority-Shareholders-Interests-of-in-Public-Companies-in-Malaysia

Posted by fourM > 2019-03-20 11:02 | Report Abuse

the longer time that we had been wait, the lesser time left for us to wait....be patient. in business who don't want to maximize the value of their company? and who don't want to realize and cash out at premium price? bear in mind, there are still other businessman holding substantial amount of share in company. those tycoon are all same like us....waiting for durian to drop...ha ha....cheers

Posted by SUPERDADDY > 2019-03-22 15:32 | Report Abuse

STAYING FIRMLY AFTER BEING SOLD DOWN TO RM4.70 THIS MORNING. CHEERS!!!

Posted by cefiro22 > 2019-03-23 10:55 | Report Abuse

...staying firmly now because the Ho Family have been buying the shares for themselves. Hope they will finally make an offer, an attractive one that the minorities cant resist to accept. Close this protracted chapter and move on.

Posted by cefiro22 > 2019-04-05 10:26 | Report Abuse

Some more buying by controlling shareholders for themselves but not for the company, so we can also benefit in a small way.

Posted by fourM > 2019-04-05 12:18 | Report Abuse

Just curious, there was an agenda "Proposed Renewal of Shareholders' Mandate for Proposed Share Buy-Back" required shareholders to approve in every AGM for past many many year. i did not aware at all that Director utilize company fund to buy back company share instead they personally keep buying for themselves aggressively.

Since the money in the company is keepping for investment opportunity, and the current share price is highly under value, why not utilise internal fund to re-investment in own company by "Share buy Back" as is will improve "Earning Per Share", "Dividend per share", "Price per share" of company

As Management of the company should stand firm that decision make shall favour to company, employees and shareholders first then only themselves.

And obviously, holding valuable assets is not attract interest of investor, Director have to do more to make company more profitability. As most of the fund manager are looking at earning power of the company and ofcourse the potential grow in the future.

sorry all, i just curious only.

still have to wait for durian to drop...ha ha

Posted by SUPERDADDY > 2019-04-05 18:02 | Report Abuse

As usual, a final dividend of RM0.06 was declared payable on 17072019. Cheers!!!

Posted by cefiro22 > 2019-04-10 10:26 | Report Abuse

Nothing special or exciting....the same rate for last 5 years, and same with bonus 1 for 2, last declared March 2011, previous to that also 1 for 2 in 1995. It is going to be a long wait for Bonus Issue. And for dividend, dont hope for anything special.

Posted by SUPERDADDY > 2019-04-10 13:17 | Report Abuse

No worry fellow forummers, we need utmost patience in buying such a laggard shares. The momentum of directors buying in is something different that we never seen before after quite a while. Believed something very positive will turn out pretty soon. Hope for the best. Cheers to all holders!!!

Posted by fourM > 2019-04-10 21:44 | Report Abuse

Utmost patience for Utmost return

Posted by cefiro22 > 2019-04-12 18:47 | Report Abuse

well here we go again...patience, there is a limit.. till when?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6125177

Posted by prudentinvestor > 2019-04-12 20:50 | Report Abuse

Keck Seng is a grossly undervalued counter, so when Keck Seng buys its own shares, every shareholder, including the directors benefits. When the Directors are buying, it only benefits them, not the small shareholders like us. What is the point of seeking shareholders' mandate for share buy-back every year if the company fails to buy back its own shares?

Posted by SUPERDADDY > 2019-04-15 18:03 | Report Abuse

Major shareholders/directors bought back almost 906k of Keck Seng shares since Sep'2018. Cheers!!!

Posted by fourM > 2019-04-16 08:00 | Report Abuse

Company should buy back the shares, so everyone here benefit, instead now only major shareholder enjoy themselves ....

Posted by SUPERDADDY > 2019-04-18 15:51 | Report Abuse

Sellers well absorbed despite bursa at 2 years low. Cheers!!!

Posted by cefiro22 > 2019-04-18 19:12 | Report Abuse

Most sellers get absorbed at these levels by Directors' buying....so let's join them since we cant beat them...pl see the update now appearing below today..>>

Posted by prudentinvestor > 2019-04-19 11:06 | Report Abuse

After buying Keck Seng shares at 75% discount to its NTA, the directors are laughing all the way to the bank. That's how poor people make rich people even richer.

Posted by SUPERDADDY > 2019-04-19 13:19 | Report Abuse

Almost 1.0 million shares have been bought up within about 6 months period. Trying to shake-out all the weak holders who are unable to hold for too long. Cheers!!!

Posted by leslieroycarter > 2019-04-24 15:00 | Report Abuse

18 Apr 2019 6:11PM HO KIM SWEE @ HO KIAN GUAN (77,400 units Acquired)
18 Apr 2019 6:10PM HO CHENG CHONG @ HO KIAN HOCK (77,400 units Acquired)
18 Apr 2019 6:09PM HO KIM SWEE @ HO KIAN GUAN (77,400 units Acquired)
18 Apr 2019 6:08PM HO CHENG CHONG @ HO KIAN HOCK (77,400 units Acquired)
18 Apr 2019 6:07PM HO YEOW KOON & SONS PTE LTD (77,400 units Acquired)

The price is rather cheap n thus major shareholders came to buy up cheaply when the other shareholders are running out of steam with this dormant counter. Something is fishy or something is brewing but not known to us...keep watching out..

Posted by SUPERDADDY > 2019-04-26 10:16 | Report Abuse

Anything below RM5 is extremely cheap indeed looking at its assets backing. If many people rushed in to buy at current level, price will moved and the main shareholders may have to offer a much higher value in case it want to take it private. Cheers!!!

Posted by SUPERDADDY > 2019-04-26 16:43 | Report Abuse

Touched RM4.90 temporarily. Hope it can last till closed. Cheers!!!

Posted by fourM > 2019-04-26 20:35 | Report Abuse

No volume to support