THE INVESTMENT APPROACH OF CALVIN TAN

KPS (5843) THE RETURN OF GIVING OUT GOOD DIVIDENDS & SPECIAL DIVIDEND (A 2ND PELIKAN?) CALVIN TAN

calvintaneng
Publish date: Tue, 16 Jan 2024, 04:31 PM
calvintaneng
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Hi Guys,

I have An Investment Approach I which I would like to all.

Dear Friends (PLEASE READ AS WE TYPE NOW)

WE POSTED BUY CALL FOR PELIKAN AT 47 SEN WHEN IT UNLOCKED ITS ASSET VALUE & GIVE OUT SPECIAL DIVIDENDS

AND THAT WAS A CHUN CHUN CALL

AFTER 2 NICE SPECIAL DIVIDENDS PELIKAN GAVE US MORE THAN 100% PROFIT


NOW KPS IS DOING THE SAME


KPS HAS PROPOSED TO SELL ITS KING KOIL MATTRESS BUSINESS AND THEN GIVE OUT  A SPECIAL DIVIDEND TOGETHER WITH A NORMAL DIVIDEND


SEE ITS DIVIDEND HISTORY WILL SEE



4 YEARS AGO WE BOUGHT KPS AROUND RM1.20
AFTER DIVIDEND FINALLY DECLARED PRICED JUMPED OVER RM1.65

NOW WE CAN EXPECT WHEN DIVIDEND PAYOUT GETS NEARER AND NEARER PEOPLE WILL TAKE NOTICE

THIS ROUND CAN WE EXPECT KPS TO DISPOSE MORE AND MORE ASSETS LIKE PELIKAN TO GIVE BACK DIVIDENDS TO SHARE HOLDERS?

HIGHLY PROBABLE AS IT STATED IT WANT TO DISPOSE ITS NON-CORE BUSINESS

WITH WATER THEME IN VOGUE NOW KPS MIGHT RETURN BACK TO ITS BUSINESS OF WATER AND WATER RELATED MANAGEMENT

SO IT IS DISPOSING ITS KING KOIL BEDDING BUSINESS FOR VERY HIGH LIQUID CASH OVER 50 SEN 

ANOTHER ASSET KPS OWNS IS CENBOND OR CENTURY BOND
THIS CEMENT BAGS BUSINESS SHOULD SEE REVIVAL AS MCEMENT HAS SEEN INCREASING PROFIT FROM CEMENT DISTRIBUTION

IF CENBOND IS SOLD IT WILL UNLOCK MAYBE ANOTHER 50 SEN PROFIT

TOTAL CASH ALONE FROM THESE TWO WILL BE OVER RM1.00 NET CASH
AND MORE SPECIAL DIVIDEND CAN BE EXPECTED

KPS IS A COMPANY SET UP BY SELANGOR GOVT WITH A LONG HISTORY

OVER THE YEARS IT HAS ACCUMULATED ASSETS OF VALUE

ALL IF UNLOCKED WE WILL SEE X  x $$$ IN VALUE

TAKE A LOOK AT KPS RESULTS

SUMMARY OF KEY FINANCIAL INFORMATION

30 Sep 2023

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR

CORRESPONDING

QUARTER

CURRENT YEAR TO DATE
PRECEDING YEAR

CORRESPONDING

PERIOD

30 Sep 2023
30 Sep 2022
30 Sep 2023
30 Sep 2022
$$'000
$$'000
$$'000
$$'000
1
Revenue
332,869
382,766
909,352
1,037,457
2
Profit/(loss) before tax
16,857
26,468
34,875
62,273
3
Profit/(loss) for the period
8,596
16,930
18,301
38,060
4
Profit/(loss) attributable to ordinary equity holders of the parent
6,258
14,015
10,389
26,988
5
Basic earnings/(loss) per share (Subunit)
1.20
2.60
1.90
5.00
6
Proposed/Declared dividend per share (Subunit)
0.00
0.00
2.50
2.50
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7

Net assets per share attributable to ordinary equity holders of the parent ($$)
1.9900
1.9800




ITS NAV (NET ASSET VALUE IS RM1.99)
ACTUAL VALUE IF UNLOCKED COULD BE RM6.00 TO RM8.00 OR HIGHER

A SPECIAL DIVIDEND PLUS NORMAL DIVIDEND ON THE WAY AGAIN

COULD ADD UP TO ALMOST 10 SEN

AT 82 SEN THERE IS MORE THAN 100% DIVIDEND AWAITING

KIND REGARDS

CALVIN

PLEASE BUY OR SELL AFTER DOING YOUR OWN DUE DILIGENCE


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calvintaneng

WHY IS DIVIDEND IMPORTANT? From Dr Neoh Soon Kean's STOCK MARKET INVESTMENT (Reposted by Calvin Tan)

2024-01-16 16:51

calvintaneng

Calvin comments:

According to Dr. Neoh, "A dividend yield of 12 per cent seems to be the floor below which most stocks will not drop".

In the Deepest Depth of the Lehman Brothers' Crisis after Bear Sterns & Lehman Brothers both gone bankrupt Warren Buffet bought into the safety of Goldman Sachs' Preference shares with guaranteed 10% yield.

Now take heed to Dr. Neoh's warning, "In sharp contrast, shares which pay low or no dividend at all do not seem to have any bottom and price decline can hit 90 per cent or more".

The characteristic of past bear markets like the Tulip Mania, The South Sea Bubble, The Great Depression of 1930s in USA, the Stock Market Rout of Asian Finacial Crisis in 1997/8 and The Lehman Brothers' Debacle of 2007/8 have witnessed many stocks & index crashing up to 90% or more.

2024-01-16 16:52

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