Posted by 普人 > 2019-01-08 23:43 | Report Abuse

no hope for this stock?no volume

Posted by 129055444514385 > 2019-01-24 15:58 | Report Abuse

:) continue to drop? its profit is rising :)

Recent Prices
Date Open Range Close Change Volume
23/01/2019 0.555 0.55 - 0.56 0.56 +0.005 (0.90%) 88,400
22/01/2019 0.57 0.555 - 0.57 0.555 -0.01 (1.77%) 161,700
18/01/2019 0.58 0.565 - 0.58 0.565 -0.01 (1.74%) 143,200
17/01/2019 0.58 0.575 - 0.59 0.575 0.00 (0.00%) 247,700
16/01/2019 0.575 0.575 - 0.58 0.575 -0.01 (1.71%) 29,900
15/01/2019 0.575 0.575 - 0.585 0.585 +0.005 (0.86%) 800
14/01/2019 0.575 0.575 - 0.58 0.58 +0.005 (0.87%) 48,600
11/01/2019 0.585 0.575 - 0.585 0.575 -0.01 (1.71%) 203,000
10/01/2019 0.59 0.58 - 0.595 0.585 0.00 (0.00%) 74,000
09/01/2019 0.58 0.575 - 0.585 0.585 +0.005 (0.86%) 21,100
08/01/2019 0.58 0.58 - 0.595 0.58 -0.005 (0.85%) 59,000
07/01/2019 0.625 0.585 - 0.625 0.585 -0.005 (0.85%) 155,800

Posted by 129055444514385 > 2019-01-24 15:59 | Report Abuse

share buyback non-stop pulak :)

07-Jan-2019 07-Jan-2019 Buyback 30,000 0.585 0.590 View Detail
07-Jan-2019 07-Jan-2019 Buyback 30,000 0.585 0.590 View Detail
04-Jan-2019 04-Jan-2019 Buyback 30,000 0.590 0.595 View Detail
03-Jan-2019 04-Jan-2019 Buyback 150,000 0.590 0.600 View Detail
03-Jan-2019 03-Jan-2019 Buyback 120,000 0.590 0.600 View Detail
26-Dec-2018 26-Dec-2018 Buyback 69,200 0.595 0.600 View Detail
24-Dec-2018 26-Dec-2018 Buyback 84,200 0.595 0.600 View Detail
24-Dec-2018 24-Dec-2018 Buyback 15,000 0.595 0.600 View Detail
21-Dec-2018 21-Dec-2018 Buyback 130,000 0.580 0.600 View Detail
20-Dec-2018 20-Dec-2018 Buyback 130,000 0.585 0.600 View Detail
19-Dec-2018 19-Dec-2018 Buyback 20,000 0.595 0.600 View Detail
18-Dec-2018 18-Dec-2018 Buyback 160,000 0.595 0.600 View Detail
17-Dec-2018 21-Dec-2018 Buyback 478,200 0.580 0.600 View Detail
17-Dec-2018 17-Dec-2018 Buyback 38,200 0.595 0.600 View Detail
14-Dec-2018 14-Dec-2018 Buyback 35,000 0.595 0.600 View Detail
13-Dec-2018 13-Dec-2018 Buyback 20,000 0.600 0.600 View Detail
12-Dec-2018 12-Dec-2018 Buyback 19,000 0.600 0.600 View Detail
11-Dec-2018 11-Dec-2018 Buyback 47,000 0.600 0.600 View Detail
10-Dec-2018 14-Dec-2018 Buyback 166,300 0.595 0.600 View Detail
10-Dec-2018 10-Dec-2018 Buyback 45,300 0.600 0.600 View Detail
06-Dec-2018 06-Dec-2018 Buyback 80,000 0.600 0.610 View Detail
06-Dec-2018 06-Dec-2018 Buyback 80,000 0.600 0.610 View Detail
30-Nov-2018 30-Nov-2018 Buyback 50,000 0.630 0.630 View Detail
29-Nov-2018 29-Nov-2018 Buyback 72,000 0.615 0.630 View Detail
28-Nov-2018 30-Nov-2018 Buyback 151,200 0.615 0.630 View Detail

Posted by 129055444514385 > 2019-01-24 16:00 | Report Abuse

dividend is also increasing yearly :)

27-Apr-2018 22-May-2018 DIVIDEND Final Dividend RM 0.03 Dividend Detail
27-Apr-2017 24-May-2017 DIVIDEND Final Dividend RM 0.0225 Dividend Detail
10-Oct-2016 24-Oct-2016 CAPITAL_REPAYMENT Others 1 : 1 Dividend Detail
01-Jun-2015 12-Jun-2015 DIVIDEND Interim Dividend RM 0.0100

Posted by 129055444514385 > 2019-01-24 16:01 | Report Abuse

profitable :)

Date Financial Result Financial Ratio Per Share Item Performance
Ann. Date
Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
DPS
NAPS
QoQ
YoY
Financial Year: 31-Dec-2018
22-Nov-2018 30-Sep-2018 177,296 9,337 5,792 5,792 3.27% 0.67% 0.82 0.00 1.2200 85.64% 6.86%
21-Aug-2018 30-Jun-2018 167,124 5,350 3,120 3,120 1.87% 0.36% 0.43 0.00 1.2200 -79.79% -28.49%
16-May-2018 31-Mar-2018 182,332 23,582 15,436 15,436 8.47% 1.71% 2.14 3.00 1.2500 23.34% 716.72%

Posted by 129055444514385 > 2019-01-24 18:13 | Report Abuse

Possible for this deal to be reconsidered now as bjcorp likes to sell some of its non-core assets to reduce debts? :)

Kenanga-Interpac deal is off



Thursday, 1 Nov 2018

PETALING JAYA: Kenanga Investment Bank Bhd’s proposed deal to acquire stockbroker Inter-Pacific Securities Sdn Bhd (Interpac) has been called off.

In a filing with Bursa Malaysia yesterday, Kenanga said that both parties had “mutually agreed to terminate the proposed acquisition.” However, no reason for the termination was given.

Sources said this was due primarily to “market conditions”, but did not elaborate.

In May, just after the 14th general election, Kenanga said it had been given the green light to start talks in relation to the purchase of the stockbroking business of Interpac.

The proposed deal was seen as the first large corporate deal to be announced under the new Pakatan Harapan government that had come into power in that same month.

A source said amid the current volatile markets, the parties could not reach an agreement on the terms of the deal.

“There were too many things to iron out,” said the source. If it had materialised, the parties, Kenanga and Inter-Pacific, which is the stockbroking arm of Berjaya Corp Bhd (BCorp) controlled by local tycoon Tan Sri Vincent Tan Chee Yioun, would have created one of the largest stockbrokers in the country.

Tan’s BCorp wholly owns Berjaya Capital Bhd, which owns 91.5% of Inter-Pacific Capital Sdn Bhd which, in turn, owns all of Interpac. Given that the proposed deal would have been financed by shares in Kenanga as well as cash, Tan through BCorp could very likely have emerged as one of the larger shareholders in the merged entity.

Pricing-wise, in the proposed deal, it was envisaged that Kenanga would not have forked out a premium for its smaller rival’s broking business to expand its remisier base.

“Going by industry benchmark, Kenanga should be looking to pay around one to 1.1 times book value for Interpac.

“That should work out to less than RM120mil,” a banker had estimated earlier.

Kenanga Investment, founded in 1973, offers a wide range of financial services operating through 32 branches nationwide. It also reportedly has the largest remisier network in the country.

It counts Sarawak-based CMS Capital Sdn Bhd as its single largest shareholder.

CMS Capital is the private company linked to former Sarawak Chief Minister Tun Abdul Taib Mahmud. Interpac, meanwhile, was set up in 1972 and has five branches across Kuala Lumpur, Penang and Johor Baru. It has a paid-up capital of RM250mil. The last major merger and acquisition deal in the stockbroking industry here was about four years ago when Affin Holdings Bhd acquired Hwang-DBS Investment Bhd at 1.3 times price-to-book.

Read more at https://www.thestar.com.my/business/business-news/2018/11/01/kenangainterpac-deal-is-off/#K4ARQKP5FeAulHvz.99

Posted by 129055444514385 > 2019-01-24 18:38 | Report Abuse

Kenanga's book value was RM1.22 as per the recent quarterly report, but market price is 56sen now... Thus, kenanga share price is greatly undervalued :)


Going by industry benchmark, Kenanga should be looking to pay around one to 1.1 times book value for Interpac.

Read more at https://www.thestar.com.my/business/business-news/2018/11/01/kenangain...

Posted by 129055444514385 > 2019-01-24 21:26 | Report Abuse

Price to Book ratio, less than 0.5, only 0.45 :)


Key Statistics
P/E Ratio 10.94
Shares Outstanding 698.82M
Price to Book Ratio 0.4500
Price to Sales Ratio 0.5958
1 Year Return-7.51%
30 Day Avg Volume 107,343
EPS 0.05
Dividend 5.36%
Last Dividend Reported 0.03
Earnings Announcement for Period Ending Q3/2018:02/28/2019

Posted by 129055444514385 > 2019-01-25 09:19 | Report Abuse

hope that kenanga will distribute all the treasury shares through share buyback to shareholders as share dividend :)

6483 KENANGA KENANGA INVESTMENT BANK BERHAD
Immediate Announcement on Shares Buy Back

Date of Buy Back : 24/01/2019
Description of Shares Purchased : Ordinary Shares
No. of Shares Purchased : 55,000 shares
Minimum Price Paid For Each Share Purchased : RM 0.555
Maximum Price Paid For Each Share Purchased : RM 0.560
Total Consideration Paid : RM 30,969.14
No. of Shares Purchased Retained in Treasury : 55,000 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 23,978,900 shares
Adjusted Issued Capital After Cancellation : 722,741,399
Date Lodged With Registrar of Company :
Lodged By :

Remarks:
You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


Submitted By:



24/01/2019 05:56 PM

Posted by 129055444514385 > 2019-01-25 09:34 | Report Abuse

kenanga could also offer for sale like osk investment bank to RHB (rhb share swap + cash) but to other banks. :) cheap valuation now, easy to find buyers :)

Posted by 129055444514385 > 2019-01-26 15:23 | Report Abuse

The negative factor, low volume is traded, low liquidity

Posted by Darren Tay > 2019-02-07 14:56 | Report Abuse

The result is bad , better throw before the qr out

Posted by Nicholasming91 > 2019-02-28 18:18 | Report Abuse

Gggg

Posted by 684780829 > 2019-03-20 08:05 | Report Abuse

KENAGA IS FALLING KNIFE. CAN'T MAKE MONEY SHARE ON DOWN TREND ANALYST CALLS ARE BOGUS. POOR FINANCIALS. BUYING INTERPAC TO BOOST REVENUE BUT IN REALITY POOR MANAGEMENT. THROW NOW THROW NOW. FALLING KNIFE

Posted by commonsense > 2019-03-25 11:12 | Report Abuse

Kenanga only managed to deliver a profit of RM 11.9mil to its shareholders in FY18 which is less than half of what was achieve in FY17. The main culprit for this underperformance is the credit loss expense which amounts to RM29.8mil of loss vs FY17 of only RM1.6mil. If you look at the operating profit, the company actually delivered a rather flat result of RM51.4mil vs RM54.9mil in FY17. Unless the company is expected to record another massive credit loss again this year, expect FY19 profit to rebound back at around RM20mil.

That being said at the current share price and assuming a profit of RM20mil in FY19, the company would be valued at 18.3x PE which is considerably high.

If you are looking to hedge your portfolio outside of Kenanga (due to its high valuation) I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.4x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.3x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Posted by Kenny Yap > 2019-03-26 22:39 | Report Abuse

Div 0.011@19/4 Ex 9/4... what's next?

Posted by Kenny Yap > 2019-03-28 21:00 | Report Abuse

Kenanga acquiring Libra...good prospect...?

Posted by chamlo > 2019-03-28 21:05 | Report Abuse

How abt Chay Wai Leong resign from Bursa news? Is it good news?

Posted by David Gunter > 2019-03-30 05:11 | Report Abuse

Shit share

Posted by abang_misai > 2019-03-30 05:31 | Report Abuse

Haha, true. This is cibai counter

Posted by David Gunter > 2019-03-30 14:00 | Report Abuse

Abang misai wonder what that stupid moron Steven Chan would rate Kenaga TP? no bola cos if he downgrades he will get the sack

Posted by FortuneBlooming > 2019-04-02 01:21 | Report Abuse

Kenanga FY18: PAT 11.9 mil

Dayang FY18: PAT easily about 150 mil

But Kenanga came to Dayang, gave a downgrade report on Dayang.

Should be the other way round. Should be Dayang coming to Kenanga, then giving a downgrade report on Kenanga.

Posted by BountyOfTheBourse > 2019-04-02 15:29 | Report Abuse

Kenanga now under the spell of a curse from Dayang

Posted by DreamConqueror > 2019-04-03 22:45 | Report Abuse

It's not worth even 30 sen

Posted by luckypunting > 2019-04-05 10:17 | Report Abuse

wah ... suddenly up ... why?

Posted by HK_protest > 2019-08-07 12:12 | Report Abuse

Bank consolidation is right move to boost stock market but when? Change PM or change govn in GE15?

Posted by HuatAh8809 > 2019-08-31 13:52 | Report Abuse

Rubbish company, slow ass with lousy investment research report

Posted by Good123 > 2019-11-25 10:44 | Report Abuse

kenanga could rebound with its Japanese link.Rakuten enters Malaysia’s Online Stock Trading Space with a RM30 million investment

LORRAINE LEE

 on Tuesday, May 23, 2017 at 3:02:09 am

Rakuten Trade Sdn Bhd (“Rakuten Trade”), a joint venture company between Kenanga Investment Bank Berhad (“Kenanga IB”) and Japan-based Rakuten Securities, Inc. (“Rakuten Securities”) was officially launched to much fanfare on 18th May 2017, in Kuala Lumpur. Officiating the launch was Yang Berhormat Dato’ Lee Chee Leong, Deputy Minister of Finance Malaysia.

As Malaysia’s first completely online equities broker, Rakuten Trade is set to revolutionize online stock trading with its platform, iSPEED.my, which runs on cutting edge Japanese smartphone technology. In fact, Rakuten Securities hosts Japan’s most downloaded trading application, since 2008, where up to 90% of stocks are traded online.



L-R: Kaoru Arai, Managing Director, Rakuten Trade and Yuji Kusunoki, President of Rakuten Securities elaborating on iSPEED.my

The Malaysian replica, iSPEED.my platform will not only facilitate robust trading but for the first time, Malaysians are able to open an equity trading account completely online for trading on the local bourse. The localized version of this leading Japanese app, iSPEED.my offers traders:

First in market online account opening

Among Malaysia’s lowest brokerage rates

A financial portal to access simplified research materials and real-time market information easily

Fast and seamless cash transfers

Educational programs including webinars, on-site seminars, and

An extensive first-of-its-kind reward programme, which brings together three leading loyalty providers – AirAsia BIG, BInfinite by Berjaya Group and BonusLink – under one ecosystem.

iSPEED.my’s web and mobile-based trading services touts to offer a 3600 trading experience that spans from account opening, execution to settlement of trade. It deals with stocks listed on Bursa Malaysia only at the moment. Rakuten Trade aims to achieve profitability within the first three years and capture up to 30% of the country’s retail market share by then.
It offers among the country’s lowest online brokerage fees:

Transaction sizeOnline brokerage fees< RM1,000RM7 flat rateBetween RM1,000

Posted by Good123 > 2019-11-25 10:45 | Report Abuse

the younger generation will surely trade or invest online. time to include kenanga in your portfolio. 52 week low

Posted by Good123 > 2019-11-25 13:30 | Report Abuse

net assets per share rm1.27

Posted by Good123 > 2019-11-25 13:30 | Report Abuse

quarterly results to be announced should be ok

Posted by Good123 > 2019-11-25 21:07 | Report Abuse

fish now or never Target Price: RM0.600, RM0.630

Last closing price: RM0.550

Potential return: 9.0%, 14.5%

Support: RM0.530

Stop Loss: RM0.500

Possible for bottom fishing. KENANGA is showing early signs of potential bullish reversal from its prior downtrend. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.580 be broken, it may continue to lift price higher to subsequent resistance levels of RM0.600 and RM0.630.

However, failure to hold on to support level of RM0.530 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 24 Apr 2019

Posted by Victor Yong > 2019-11-26 18:26 | Report Abuse

UNABLE TO COMPETE WITH BANKS , I MAY BE WRONG

Posted by luckypunting > 2020-03-05 10:54 | Report Abuse

good dividend

Posted by bnmacai > 2020-03-23 20:25 | Report Abuse

ada tuan2 dan puan2 di sini?

Posted by luckypunting > 2020-05-15 10:42 | Report Abuse

Lately KLSE trading record high volume ... good earning for stockbroking company....may be this is y it spikes

Posted by Richard Wong > 2020-05-25 23:28 | Report Abuse

https://www.facebook.com/photo/?fbid=3870045206370610&set=a.729386893769806

Posted by Richard Wong > 2020-05-25 23:30 | Report Abuse

1。50% owned Rakuten start turn to profit in 2020 Q1, and probably can do better in 2020 Q2.
2. Last year expended and spend RM50m acquired Libra finance, this year should contribute positively.
3. After Kenanga merge with ECM, their branches expanded to more then 40. Moreover, they cut cost by merge branches in same city to maximise profit.
4. 18 Feb 2020 Petronas assigned Kenanga to list its supllier's O&G unit in KLSE. This should bring benefit to Kenanga in next half of 2020.
5. Q1 KLSE turnover is 2b+, Q2 April and May we saw turnover up by 1.5 times. Estimate June turnover should be higher then Q1 average as well. Hence, we expect Q2 result announe in Aug 2020 should up by 3 times, 3.75cents earning per share.

Currently, Kenanga NTA is RM1.29, transacted price at RM0.54. DY 6% or 3.25cents. While the profit up in 2020, we estimate it's dividend should increase to 5cents or DY 9%.

In a nutshell, not many company zero impact due to MCO. During this difficult time it is hard to get a company which can up their profit by 3 times. Hence, we believe Kenanga is one of the best stock to hold in year 2020. It is much safer compare to those company with coming bad result while the share price is up. Kenanga probably is one of the best choice in year 2020.

source:
https://www.sinchew.com.my/content/content_2219461.html

https://www.theedgemarkets.com/article/rakuten-trade-makes-maiden-profit-after-three-years-operation

https://www.nst.com.my/business/2019/12/543905/kenanga-investors-libra-invest-consolidation-exercise-completed

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3024298

https://www.enanyang.my/探索股市/?stock_name=bursa_malaysia_daily_trading_participation

https://www.theedgemarkets.com/article/kenanga-collaborates-rakuten-securities-new-online-broking-platform

Posted by wbwanabe > 2020-05-29 11:36 | Report Abuse

For those who missed the glove bull runs, do not be despaired cos there are lots of other opportunities in this current market. Take a look into stock broking business! They are direct beneficiaries from the heavy buying and selling of stocks and warrants. I would like to recommend Bursa cos it is the Taiko in KLSE but due to its price, let me suggest an alternative, ie Kenanga. Why?
# cheaper entry at an average price of 0.555
# they are one of the most active call warrants issuing house
# best of all, they have a 50% JV with Rakuten making this the potential cash cow in their group holding

The Edge published an article on 13th May 2020 about Rakuten making profit just 3 years into its operation in Msia. That should ring some bells to those who knows how to calculate the P&L of stock broking business. What makes Rakuten different from other stock brokers are :-
# ease of opening an account- everything is done online! This hassle free application makes it attractive to current digital savvy generations. During MCO, the applications for new accounts must have hit sky rocket.
# offers the lowest stock brokerage fees in Msia. It starts at rm7 to a max of rm100. For those who buy and sell in huge amount, this cap of rm100 is one of the tools they use to max their transactions and profits. This results in very huge transaction volumes for Rakuten as well. Win win situations.

In this current market where a lot of people are being lay off or retrench, one of the avenues ppl turn to is stock market. Loan moratoriums, money received from retrenchment benefits or VSS, low interest rates (makes it attractive to borrow/share margin and unattractive to put your money in banks) plus the question of “where is the best place to grow my money” will definitely propel the earnings of stock broking companies.

Kenanga 1st quarter report is due anytime soon and your guess is as good as mine in regards to its earnings. But I am sure their 2nd quarter due in August is going to be one of their best, just like the glove companies. Hence why I recommend to look into stock broking business as an alternative. Just look at Bursa’s daily volume in recent months and the frustration we faced in executing our transactions. Huge bottle neck.....

Posted by Bobii > 2020-05-29 18:33 | Report Abuse

wah real QR bomb is here

Posted by limitupupup > 2020-05-29 21:31 | Report Abuse

wah really lampaaaa QR earning stock but already up so much, time to limit down

Posted by i3lurker > 2020-05-29 22:24 | Report Abuse

yeah limit down time

Posted by ry_1111 > 2020-05-29 22:38 | Report Abuse

just an one off adjustment to recognise the impairment for margin trading due to the stock market crashed in Mar'19

Posted by ry_1111 > 2020-05-29 22:39 | Report Abuse

anyway, a loss is a loss, sell down is inevitable, but i believe Q2 will be very nice results as many margin traders start earning handsome profits traders may

Posted by ry_1111 > 2020-05-29 22:41 | Report Abuse

impairment may be reversed? who knows? their JV platform rakuten has record high new registration in Mar

Posted by ry_1111 > 2020-05-29 22:59 | Report Abuse

i will monitor this stock and if sell down to low price i will grab some share definitely for incoming Q2 results, my 2 cents

Posted by mf > 2020-05-30 04:44 | Report Abuse

Health-care stocks rally: Trader has a way to play boom
PUBLISHED FRI, MAY 29 20201:44 PM EDT

Posted by profitgrow > 2020-05-31 21:27 | Report Abuse

is kenanga 1Q report good? sorry.. old man don't understand the report.

Posted by terence775 > 2020-06-01 11:33 | Report Abuse

@profitgrow it's not good, not bad. Nothing really spectacular. I think there are better counters to trade at the moment :)

Posted by luckypunting > 2020-06-01 15:40 | Report Abuse

traders are looking at q2 result and pushing up the price ... why so early? :p