prudentinvestorInvestors are puzzled why the company keeps so much cash for. If it doesn't know what to do with the cash, then it should distribute it out as dividends.
02/02/2024 9:30 PM
speakupMany good hotels available for sale, provided the price is right. In the past few years we saw Ytl scooping up some hotels
02/02/2024 10:37 PM
prudentinvestorIf Keck Seng really wants to buy some hotels, it could have done so at the height of the pandemic when you could get them at fire sale prices.
03/02/2024 4:28 PM
SuperdaddyNeed to shake off some tired bulls before proceeding further uptrend. Cheers!!!
06/02/2024 11:19 AM
prudentinvestorVery, very few sellers around. Long term shareholders are unwilling to sell at this level. Offer at least RM10 a share to take it private.
Diamond7Quarterly report out on 24 th Feb Exciting day... Wait for goodies....
07/02/2024 3:20 PM
prudentinvestorGoodies could include a final dividend which is several times higher than last year's level or a bonus issue which the company hasn't declared for over 10 years.
07/02/2024 4:14 PM
prudentinvestorVolume very low. Just a few sellers could push its price down to RM5.50 again or several million ringgit could push its price up to RM7.
09/02/2024 4:31 PM
Diamond7JOHOR BARU: Johoreans of all races must work together to achieve the state's vision to be developed by 2030, says Datuk Onn Hafiz Ghazi.
The Johor Mentri Besar said the Year of the Dragon would be a good year for the state, especially with His Majesty Sultan Ibrahim, King of Malaysia, taking the reign as the Yang di-Pertuan Agong.
"This year, we have all kinds of plans for Johoreans as we strive to realise our vision of making Johor a developed state by 2030.
"Soon, the Rapid Transit System Link (RTS Link) will be completed, and we will also have a special economic zone (SEZ). These developments will bring positive growth to the state's economy.
Positive developments in JB! Properties n industrial land will sell well! Good for KSeng!
11/02/2024 6:37 AM
prudentinvestorReady to move north again after a short consolidation.
13/02/2024 10:35 AM
prudentinvestorWonder how many had seized the opportunity to buy Keck Seng when it dipped below RM5.60 a week ago.
13/02/2024 12:31 PM
SuperdaddyHolding pretty well despite some continuous selling pressures. Cheers !!!
14/02/2024 11:11 PM
prudentinvestorShould soon reach its record high of RM 7.97 set over 10 years ago.
15/02/2024 8:53 PM
SuperdaddyHolding pretty well despite some selling pressures fr impatient holders. Cheers for a great year ahead!!!
22/02/2024 6:22 PM
SuperdaddyAnother great set of quarterly results fr Kseng. Net profit increased by 175pct compared to previous quarter with earning of 26cts per share. NTA standing at Rm7.62 . Will hold on firmly to this great company despite current selling onslaught. Cheers!!!
27/02/2024 5:27 PM
prudentinvestorGosh! Made so much money. Time to declare a dividend of over 30 sen a share and a bonus issue.
27/02/2024 6:11 PM
prudentinvestorRead the notes to the 4th quarter report, management is very positive about this year's financial results. Conclusion : hold Keck Seng.
27/02/2024 8:21 PM
prudentinvestorThose expecting a bumper dividend from Keck Seng might be disappointed when the quantum of final dividend is announced.
28/02/2024 11:08 AM
SuperdaddyYes, as long as there's a reasonable dividend in such a tough business environment, will be great enough. Cheers!!!
29/02/2024 6:37 AM
prudentinvestorKeck Seng has no dividend payout policy. It still made over 20 sen a share in 2019 but failed to pay the final dividend for that year when Covid 19 struck in early 2020. Keck Seng investors didn't receive any dividend payment for two years. Genting Berhad and Genting Malaysia lost hundreds of millions during the pandemic but they continued to pay dividends totaling more than 10 sen yearly to investors.
01/03/2024 9:35 PM
SuperdaddyNo worries ya, believed 2024 onwards will be a much better years ahead for prudent investors in Kseng. Cheers!!!
02/03/2024 5:15 PM
prudentinvestorWith huge investments pouring into Johor Bahru and the opening of the RTS at end 2026, Keck Seng's property division is expected to do very well in the coming years. Whether these translate into better dividends or not is anybody's guess.
11/03/2024 10:28 AM
Diamond7The Johor Bahru property market is set for an upturn, with the announcements of new projects and government initiatives over the past quarters, according to KGV International Property Consultants (Johor) Sdn Bhd executive director Samuel Tan when presenting The Edge Malaysia | KGV International Property Consultants Johor Bahru Housing Property Monitor 4Q2023.
The initiatives include the proposed Special Financial Zone (SFZ) and Special Economic Zone (SEZ); Rapid Transit System (RTS), with construction under progress; High-Speed Rail (HSR), which its revival is being discussed; Johor Bahru-Pontian Bridge, which is nearing completion; Gemas-Johor Bahru Double-Tracked Electrified Rail, which will be completed by 2025; and the preliminary conceptualisation of Light Rail Transit (LRT) from the private sector. Many large-scale foreign direct investments (FDI) in Johor had also been announced.
In January, Minister of Economy Rafizi Ramli and Singaporean Minister for Trade and Industry Gan Kim Yong signed a memorandum of understanding to establish the proposed Johor-Singapore SEZ.
KGV’s Tan suggests seven proposals for the Johor-Singapore SEZ: a passport-free QR code clearance system at customs on both ends; a digitalised process for cargo clearance; one-stop business/investment service centres in Johor to facilitate the application process for approvals and licences for Singapore businesses to set up companies in Johor; co-organising an investor forum to gather feedback; facilitating Malaysia-Singapore renewable cooperation; curating training and work-based learning initiatives to address talent and skill gaps for relevant industries; and developing joint events between Johor and Singapore to promote trade and investments.
Tan explains: “These initiatives basically streamline processes and enhance communication across levels. Such collaboration facilitates both economies to complement and tap into the strengths of each other. The SEZ could be the model and platform for both countries to combine strengths and compete effectively in the region and globally.
“Overall, the comprehensive and ambitious package of initiatives articulated in recent years have started to take shape and all the jigsaw puzzles are being pieced together. The economy and property market have started to heat up, after almost 12 long years since the last boom in 2012 to 2014.”
14/03/2024 4:39 PM
Diamond7KUALA LUMPUR, March 14 — The Johor-Singapore Special Economic Zone (JS-SEZ) joint agreement between Malaysia and Singapore is expected to be inked by the end of this year, according to the Economy Ministry.
18/03/2024 9:29 AM
prudentinvestorKeck Seng's price movement has been quite lethargic since the beginning of February. Looks like consolidation could be over by now.
18/03/2024 5:05 PM
prudentinvestorVolume too low, price movement could be easily manipulated.
29/03/2024 3:42 PM
PureBULL ...KSENG is an A1 stock i.e. profiting big in JB. It likely had seen the low of this CN, Correction of 10 weeks now. The right timing to begin a huge MAJOR up-wave similar to bull run of Sunway of 198 to peak of 358, is abt to start with its recent big QR PAT:
prudentinvestorCrescendo Corporation Bhd has just disposed of another piece of land in Pulai area, this time to Microsoft Payments (Malaysia) for RM132.47 million or RM120 per sq ft. Keck Seng has over 600 acres of development land in the area. Imagine how much this piece of land is worth if it fetches the same price as Crescendo's land. This is only a very small part of what Keck Seng possesses.
05/04/2024 10:18 AM
Diamond7 The completion of the JB-Singapore Rapid Transit System (RTS) by early 2026 will be a significant game changer for Johor's property market.
Relaxation of conditions for the Malaysia My Second Home programme, along with increasing rents in Singapore, has boosted the attractiveness of Johor properties.
In light of these developments, kSeng will see more n more profits each coming quarter...with the sale of more properties n industrial land!!!
05/04/2024 4:08 PM
prudentinvestorNothing so special about its special dividend. I thought it is 50 sen a share.
05/04/2024 9:40 PM
SuperdaddyNot too bad 5cts final dividend and 5cts special dividend. All in 10cts still quite reasonable for all holders. Cheers!!!
Estate land is selling not in acres but in real life of high $120 per sq ft. this is unbelievable yet certainly TRUE. 1 acre = 43,560 sq ft
SIN gov is the world cleverest. it charms n attracts all the top giant high tech co to SIN island. Best biz now in DC is causing extreme pressure to SIN's entire system of power n water supply. Recently its property prices n rental rate r 1 of the world highest.
SIN gov knows too well that JB only can help n JB is doing all possible as the lovely JV partner.
JB property stocks with grand old well located land r the best to high speed success. CRESNDO is proven the 1st best now for selling land to 3 top DC co totaling $543 mill + $132 mill cash to MSFT again this week. KSENG, once known as the value trap stock since the last 25 yrs ago, is an A1 super bullish stock.
These 2 stocks have ultra high intrinsic values awaiting for the mkt to recognize them asap...
SuperdaddyKseng is one quality gem no one will ignore again now and in coming future. Cheers!!!
07/04/2024 2:49 PM
SuperdaddyKseng is one quality gem no one will ignore again now and in coming future. Cheers!!!
07/04/2024 2:49 PM
Diamond7date: Sun, 07 Apr 2024, 03:37 PM JOHOR BARU: Johor Menteri Besar Datuk Onn Hafiz Ghazi aims to integrate Forest City into the Johor-Singapore Special Economic Zone (JSSEZ) to boost its economy and revival.
"We anticipate a surge in Forest City economic activities in the near future with the initiatives the state government has planned for its revival."
He said the state government planned to breathe new life into Forest City by including the US$100 billion project by Chinese developer Country Garden in the JSSEZ.
He said having Forest City, which has Special Financial Zone (SFZ) status, be part of the JSSEZ would be a game changer with domino effects for Johor.
"It will increase cross-border labour activities and investment flows."
Forest City's SFZ status with tailored incentives and regulations will foster financial innovation and entrepreneurship, making it a global hub for finance and trade.
Onn Hafiz said one of the initiatives in the works is establishing the one-stop Iskandar Malaysia Facilitation Centre in Forest City.
The centre will serve as a vital link between government agencies, businesses and investors and will cut red tape.
"The centre will expedite decision-making and unlock the full potential of Forest City's economic opportunities," Onn Hafiz said.
Tourism Minister Datuk Seri Tiong King Sing has agreed to hold the Asean Tourism Forum between Jan 19 and 25 next year at Forest City.
This will showcase its potential as a premier destination for tourism and hospitality.
Onn Hafiz said promotion strategies, business package offerings and logistical preparations for international events were discussed at a recent meeting with Forest City representatives.
Forest City vice-president Syarul Izam Sarifudin said discussions were held with the Finance Ministry to realise the tax incentives under the SFZ.
07/04/2024 4:36 PM
Diamond7Iskandar theme play 2.0 Jewels in the south! KSeng properties n industrial land will sell well with the SFZ status in JB n the completion of RTS
prudentinvestorEarnings have increased by over 150% over the past 10 years but dividend has increased by just 50%. This has disappointed many small investors.
08/04/2024 9:58 AM
speakuphttps://www.malaysiakini.com/columns/702350 so much hope on this guy, but he let all of us down so much optimism on this guy, but he disappointed us all GE16, aku tak undi PH (& PN). aku BOYCOT GE16!
13/04/2024 11:28 AM
stockraiderKseng like its counterpart Oriental will rise sharply soon loh!
14/04/2024 10:44 AM
prudentinvestorApollo's share price shot up by over RM2 after it announced a second interim dividend of 50sen a share. Keck Seng can easily afford to pay a final dividend of over 50 sen a share but its directors chosen not to.
JB land assets is very valuable Hidden gem! JB will be the new Shenzhen!
17/04/2024 5:19 PM
prudentinvestorMany people already know that Keck Seng has a lot of valuable land in JB but are unwilling to invest in the company because of its management.
18/04/2024 4:58 PM
SuperdaddyNo worries bro, sooner or later it will surely blooms. Cheers!!!
18/04/2024 7:35 PM
Diamond7Later fly non stop....like cresendo!... N all the funds will rush in to buy!!!
18/04/2024 7:59 PM
prudentinvestorIt would fly only when a new management, unrelated to the Ho family, takes over.
