Posted by prudentinvestor > 2023-07-20 16:33 | Report Abuse

Very few people have joined the march so far.

Posted by rohank71 > 2023-07-21 19:31 | Report Abuse

high close. finally 4.00..johor land value is uptrend to benefit KSeng.

Posted by snowball2000 > 2023-07-24 11:29 | Report Abuse

Looks like KSENG is back to an upward trend.... ;)

Posted by snowball2000 > 2023-07-24 11:32 | Report Abuse

UP UP AND AWAY..... ;0

Posted by snowball2000 > 2023-07-24 11:34 | Report Abuse

News? Anyone?

Posted by speakup > 2023-07-24 11:48 | Report Abuse

🤫

Posted by snowball2000 > 2023-07-24 11:49 | Report Abuse

speakup, do you have any news to share? ;)

Posted by snowball2000 > 2023-07-25 09:37 | Report Abuse

RM4.20.... ;0

Posted by snowball2000 > 2023-07-25 09:54 | Report Abuse

Special dividend coming? Bonus issue? Anyone?

Posted by 東风 > 2023-07-25 10:09 | Report Abuse

Bull coming!

Posted by snowball2000 > 2023-07-25 10:15 | Report Abuse

KSENG THE RAGING BULL....... ;0

Posted by prudentinvestor > 2023-07-25 10:41 | Report Abuse

Its housing scheme, Bandar Baru Kangkar Pulai is doing extremely well.

Posted by snowball2000 > 2023-07-25 12:34 | Report Abuse

Interest rate hike cycle in US coming to an end soon. This should augur well for property players?

Posted by snowball2000 > 2023-07-25 16:13 | Report Abuse

KSENG inching towards 4.30..... ;0

Posted by snowball2000 > 2023-07-25 16:14 | Report Abuse

Will it be able to break away....

Posted by snowball2000 > 2023-07-25 16:22 | Report Abuse

4.29...

Posted by snowball2000 > 2023-07-25 16:40 | Report Abuse

Touched 4.30.... ;0

Posted by snowball2000 > 2023-07-25 16:41 | Report Abuse

Next up, 4.50..... ;)))

Posted by prudentinvestor > 2023-07-25 20:36 | Report Abuse

Its audited NTA is already above RM6.50 a share. Its actual NTA could be more than 2 times higher since a lot of its assets have not been revalued for 40 years.

Posted by Diamond7 > 2023-07-25 21:56 | Report Abuse

#prudentinvestor
Thank you for the info!
Excellent!

Net cash 1.07 billion
Has cash rich assets!

Posted by Diamond7 > 2023-07-25 22:00 | Report Abuse

Capable of giving 5:1 bonus but very kiam siap

M happy if directors can declare 1:1 bonus

Or 1:2 oso can!

Posted by snowball2000 > 2023-07-26 10:29 | Report Abuse

Conclusion: KSENG is still very much undervalued @RM4.30/share

Posted by prudentinvestor > 2023-07-30 15:09 | Report Abuse

'Net cash 1.07 billion
Has cash rich assets!"
@Diamond7, Around 135 million Keck Seng shares are owned by the public. Keck Seng's substantial shareholders can make use of its net cash and offer almost RM8 a share to these public shareholders and take the company private. So simple.

Posted by speakup > 2023-07-30 15:20 | Report Abuse

Kseng recent surge is due to Hsr. Kseng has landbank in Johor

Posted by speakup > 2023-07-30 15:21 | Report Abuse

Hsr theme now has pushed up Ytl, Uems, Kseng

Posted by Diamond7 > 2023-08-11 17:07 | Report Abuse

Super undervale!!!

Posted by prudentinvestor > 2023-08-16 11:02 | Report Abuse

Has been going up steadily in small volumes for over one and a half months, gaining over 25% during this period. Some investors are probably betting on the company being taken private.

Posted by snowball2000 > 2023-08-16 12:03 | Report Abuse

We should not be surprised in the event of a privatisation, given how undervalued KSENG is at the moment..

Posted by snowball2000 > 2023-08-16 12:16 | Report Abuse

NBV/share of RM6.95 is probably a good reference point for privatisation?

Posted by k3nthiew > 2023-08-16 15:26 | Report Abuse

Kseng's NBV will be much higher if the lands in Pasir Gudang have mark to market value, those lands valuation are back to 1980 in Kseng's book

Posted by k3nthiew > 2023-08-16 15:27 | Report Abuse

Kseng RNAV should be above Rm15, which is far away from current market price.

Posted by k3nthiew > 2023-08-16 15:30 | Report Abuse

Some more, Kseng is sitting in net cash of Rm1.2B or Rm3.30 cash per share

Posted by k3nthiew > 2023-08-16 15:31 | Report Abuse

Privatization at Rm6.00 is still bad news to minor shareholders

Posted by speakup > 2023-08-16 15:32 | Report Abuse

suddenly suspended tomorrow. take private at rm6 🤣

Posted by speakup > 2023-08-16 15:35 | Report Abuse

too bad speakup sold 1/2 Kseng at super cheap price compared to now. tak sangka Kseng nak privatise

Posted by prudentinvestor > 2023-08-16 17:12 | Report Abuse

Logically, major shareholders of a listed company should revalue company assets first before they decide to take the company private. Sadly this is always not done.

Posted by prudentinvestor > 2023-08-16 21:54 | Report Abuse

Apart from possible privatization, the expected completion of the JB Singapore Rapid Transit System towards the end of 2026 and the likely revival of the HSR could also be driving Keck Seng's share price up over the past few weeks.

Posted by Diamond7 > 2023-08-19 13:47 | Report Abuse

Buying KSeng not for CPO
But for land assets.
On long term

Posted by Diamond7 > 2023-08-21 20:37 | Report Abuse

https://theedgemalaysia.com/node/679379

JB land assets very valuable!

Posted by speakup > 2023-08-23 21:41 | Report Abuse

https://klse.i3investor.com/web/blog/detail/savemalaysia/2023-08-22-story-h-241960046-_Property_prices_around_JB_s_RTS_link_near_Klang_Valley_prices
Kseng will benefit

Posted by beluga > 2023-08-24 12:31 | Report Abuse

I believe their hotel division will do well too.

Posted by speakup > 2023-08-24 21:37 | Report Abuse

yes Kseng is a gem. not many ppl know about it thats why volume is low

Posted by Diamond7 > 2023-08-25 21:25 | Report Abuse

https://www.klsescreener.com/v2/news/view/1194033

Special financial zone to be created in Forest city!

Iskandar theme play 2.0
JB will be the new Shenzhen of Spore!

Posted by Diamond7 > 2023-08-25 21:32 | Report Abuse

Let's watch...
KSENG KSL and UEMS...


Go....Go...Go...!
Shoot to the moon n land on the stars!

Posted by Superdaddy > 2023-08-28 15:42 | Report Abuse

Keck Seng! GO! GO! GO! CHEERS!!!

Posted by Superdaddy > 2023-08-28 15:49 | Report Abuse

Hibernating so long already. Hv been holding this super laggard gems since 1993. Cheers!!!

Posted by speakup > 2023-08-29 13:31 | Report Abuse

+ Q result very good.
+ 5¢ dividend mali
+ Johor theme play

Posted by prudentinvestor > 2023-08-29 15:30 | Report Abuse

Good result but management unwilling to pay more dividend. What a pity.

Posted by speakup > 2023-08-30 07:55 | Report Abuse

Kseng johor landbank will contribute nicely to PMX's Johor Financial Zone

Posted by speakup > 2023-08-30 21:17 | Report Abuse

Kseng is beneficiary of Johor property price upside