KECK SENG (M) BHD

KLSE (MYR): KSENG (3476)

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Last Price

5.73

Today's Change

-0.04 (0.69%)

Day's Change

5.72 - 5.79

Trading Volume

20,100


8 people like this.

3,483 comment(s). Last comment by compoundingeffect 3 days ago

Posted by snowball2000 > 2024-01-04 10:40 | Report Abuse

Next up, 5.50....

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-04 10:50 | Report Abuse

Maybe higher, Kseng ,Go,Go,Go . Cheers!!!

Posted by prudentinvestor > 2024-01-04 10:57 | Report Abuse

Broke RM5 at long last, highest in over 7 years. Hopefully it can continue its rise to touch RM7.97, reached about 10 years ago.

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-04 11:21 | Report Abuse

Kseng pretty solid this morning. Cheers to all strong holders!!!

Posted by prudentinvestor > 2024-01-04 11:53 | Report Abuse

Volume way too low. In order for its share price to move up steadily, turnover has to increase considerably. It does indicate that not many people are willing to sell even at this level.

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-04 20:27 | Report Abuse

Slow and steady upwards surge shows possibility of some accumulation going on for this undervalued gem.

Posted by prudentinvestor > 2024-01-05 10:45 | Report Abuse

Yea, get this gem at a 70% discount. Many people are still unaware of its existence.

speakup

27,028 posts

Posted by speakup > 2024-01-05 13:30 | Report Abuse

Where were u when speakup shouted Buy Buy Buy at 3.60?

Posted by prudentinvestor > 2024-01-05 15:22 | Report Abuse

@speakup, I have browsed through your comment history from May to July last year and didn't manage to find any of your recommendations to buy Keck Seng. I had already bought Keck Seng shares almost 30 years ago. My average price is under RM1.50 a share.

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-06 09:48 | Report Abuse

Wow, such a high profit margin indeed. Mine averaging Rm3 since accumulating bit by bit more than 20 over years already. Cheers to all strong holders!!!

speakup

27,028 posts

Posted by speakup > 2024-01-06 10:11 | Report Abuse

i bought around late 2021. search back Kseng forum can see i started posting around then.

Posted by prudentinvestor > 2024-01-06 12:35 | Report Abuse

@Superdaddy, I remember Keck Seng declared 1 for 2 bonus twice, first time in 1995, then in 2010. My profit could have been much, much better had I disposed of my Keck Seng shares in Nov 2013 when it almost touched RM8 and switched to bank counters like Maybank.

Posted by prudentinvestor > 2024-01-06 13:48 | Report Abuse

@speakup, a lot of things have changed over the last several months. The government has announced its intention to make Forest City a financial centre and Iskandar Puteri region a SEZ. Also, I had earlier on conservatively valued Keck Seng's development land in Kangkar Pulai at around RM1 million per acre. Just over a month ago, Cresendo sold its land parcels in Pulai area for over RM100/ft2. Are you not aware of all these changes?

Diamond7

2,374 posts

Posted by Diamond7 > 2024-01-06 20:39 | Report Abuse

Just buy KSeng and hold for SEZ to materialize . You will be rewarded with hugh gain. No need to watch other stocks.

Imagine JB becomes new Shenzhen for Spore
N JB n Spore becomes one big city.....with the RTS and the 3 proposed LRT lines!

Diamond7

2,374 posts

Posted by Diamond7 > 2024-01-06 20:46 | Report Abuse

Can oso look into cresendo n UEMS n ksl
All are in...
Iskandar theme play 2.0

Posted by prudentinvestor > 2024-01-07 17:55 | Report Abuse

With so much good news, Keck Seng's share price has just jumped 50% since June of last year. UEMS has gone up by 300%, IW City has gone up by 250% n Cresendo by 100%.

Posted by prudentinvestor > 2024-01-09 10:21 | Report Abuse

I believe Keck Seng's uptrend would last for a while. It is a slow and steady rise.

Posted by prudentinvestor > 2024-01-10 11:04 | Report Abuse

Keck Seng holds steady while most other counters drop. Good sign!

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-10 11:17 | Report Abuse

The higher it goes, the less investor want to let go. Cheers to all strong hearts!!!

Posted by prudentinvestor > 2024-01-10 12:19 | Report Abuse

Keck Seng has now risen by over 70 sen from its December lows; 30+ sen last December and 40 sen so far this year. Its rise has gathered momentum.

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-10 22:02 | Report Abuse

Cheers everyone, sky is the limit now. Let it climb slowly and steadily ya!!!

Posted by prudentinvestor > 2024-01-12 14:52 | Report Abuse

Some savvy investors are slowly accumulating Keck Seng. Keck Seng touched a high of RM7.97 in November 2013, probably equivalent to RM12 today.

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-12 19:35 | Report Abuse

Hope it may continue with its spectacular run this 2024. Cheers to all strong hearts!!!

Posted by prudentinvestor > 2024-01-12 20:57 | Report Abuse

Keck Seng's bull run since the beginning of July last year has been slow and steady. It has never risen by more than 20 sen in a single day, even rises of above 10 sen were rare. During its last bull run in 2013, there were occasional spikes of over 50 sen in a single day. This latest bull run appears more solid.

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-12 22:12 | Report Abuse

Yeah, sooner or later many great investors will notice this wonderful gem. Cheers!!!

Posted by prudentinvestor > 2024-01-14 14:45 | Report Abuse

Keck Seng's bull run in 2013 was driven by rumours of a special dividend as the Company had sufficient tax exempt balances and 108 balance of the Income Tax Act, 1967 to pay franked dividends amounting to RM330,277,000. Its bull run this time is driven by fundamentals.

stockraider

31,556 posts

Posted by stockraider > 2024-01-14 19:18 | Report Abuse

Kseng is a perfect selection of a quality co loh!

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-15 11:29 | Report Abuse

Yes sifu Raiders, it has been our favourite gems for the last few decades even though its such a laggard for so long until now it's starting to rejuvenate again. Cheers!!!

Posted by prudentinvestor > 2024-01-15 11:32 | Report Abuse

Wow! Up another 18 sen so far this morning. Slow down, slow down. Don't be so excited.

Posted by Fabien _the efficient capital allocator > 2024-01-15 20:55 | Report Abuse

Deep assets value stocks are in play. KSENG, INSAS. Don't miss out on OSK and ORIENT

Posted by prudentinvestor > 2024-01-15 21:21 | Report Abuse

Keck Seng is going up much faster than I had expected. At the rate it is going up, it should touch RM6 within two weeks.

k3nthiew

518 posts

Posted by k3nthiew > 2024-01-16 08:51 | Report Abuse

Keck Seng may run further up if market notice how big is their landbank in Pasir Gudang which is equal to uems's landbank in Johor

Posted by prudentinvestor > 2024-01-16 10:00 | Report Abuse

Even after rising by RM2 or around 60% over the last 7 months, there still aren't many sellers around. Perhaps Keck Seng has to go up by another 60% to attract more sellers.

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-16 13:22 | Report Abuse

Looking quite solid now, trying to absorb all sellers thrown. Looks like something is brewing for this undervalued stock.

Posted by prudentinvestor > 2024-01-16 15:28 | Report Abuse

Yea, rock solid performance since the start of the new year. Has already shot up by 73 sen or 15%. Would wait till it rises to RM7.97, its all time high reached in Nov 2013. Would decide then whether to hold on to my investment. Still a long way to go.

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-16 18:49 | Report Abuse

Staying firmly at current price despite broad-based weaknesses in bursa. Shall keep this wonderful gem for as long as I still can do so. Cheers to all still on board ya!!!

Posted by prudentinvestor > 2024-01-18 10:28 | Report Abuse

Only two days of consolidation and it is ready for uptrend again.

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-18 15:55 | Report Abuse

Holding pretty well despite some selling pressures from some holders having margin calls for their steep losses in other speculative stocks. Cheers!!!

Posted by prudentinvestor > 2024-01-20 15:14 | Report Abuse

Too bad if some investors have to sell their Keck Seng shares to cover losses in speculative stocks but I think the number is very, very small.

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-21 10:43 | Report Abuse

Yeah , it's going to be a cornered stock soon as major shareholders keep accumulating thru nominees. Hopefully it can hold at current level before going for new heights. Cheers!!!

Posted by prudentinvestor > 2024-01-22 10:33 | Report Abuse

From RM7.97 in Nov 2013 to RM3.30 in 2021, Keck Seng's recovery process hasn't reached 50% yet. We need a lot of patience. It is worth waiting for.

stockraider

31,556 posts

Posted by stockraider > 2024-01-23 08:08 | Report Abuse

For the past few wks kseng upside strong loh!
This stock can easily worth more than Rm 7.00 loh!

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-23 10:35 | Report Abuse

Yes sifu Raiders, this gem definitely worth far beyond Rm7 now. Cheers!!!

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-23 10:39 | Report Abuse

Hold tight tight never let go ya. Cheers!!!!

Posted by prudentinvestor > 2024-01-23 12:28 | Report Abuse

Volume very low, so it won't go up fast. Just slow and steady rise.

yangxi

416 posts

Posted by yangxi > 2024-01-24 09:48 | Report Abuse

break RM5.70 .. can withdraw some angpow duit

Posted by snowball2000 > 2024-01-24 09:52 | Report Abuse

Still way too low (compared to its intrinsic value) to sell...

Posted by prudentinvestor > 2024-01-24 11:15 | Report Abuse

Consider selling only when turnover exceeds 1 million shares and share price spikes by over 10% in a single day.

Superdaddy

160 posts

Posted by Superdaddy > 2024-01-24 12:33 | Report Abuse

Kseng! GO!GO!GO! CHEERS!!!

Diamond7

2,374 posts

Posted by Diamond7 > 2024-01-24 13:20 | Report Abuse

Ringgit devalues!
Think of KSeng 's Pasir Gudang land assets

Think of KSeng 350 million US dollar cash
Think of KSeng s 380 million Spore dollars cash

Hidden gem....
Highly undervalue.....
A must have counter in view of Iskandar theme play 2.0

Will JB and Spore becomes one city?
Will JB be Spore new Shenzhen?
Will JB population increase from 0.5 million to 5 million in ten years?

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