pray for good earnings report this week, can shoot pass 10cents

The problem is Sabah and Sarawak will allow Sapnrg to operate in-land within 10kilo from shore. To Chinese
side it is not Oil they after, 9-Dash-Line is more important. Spartly Island will be under 100% Chinese Control.
Sapnrg is now view as a security threat to USA South China Sea Fleet, directly or indirectly

Sapnrg has about 15bil of asset, both current and non-current. Giving back 10bil to bank, there is still 5bil
for shareholders!! So Sapnrg is the classic Cashflow Kills. I think RI is totally out of Question. PNB is not willing
to pump more. So a White knight is absolute necessary. Chinese Investors might come. Controlling Malaysia
Oilfield means they can move 9-Dash-Line towards Singapore. Maybe station their Warships at Labuan

Based on previous Dividend declared( 31/12/2018) Revenue 770mil, Profit 116mil, Dividend 47sens.
If 4Qr22 Revenue Hit 770mil & Profit around 120mil ----Dividend should be 45sens

2023-01-31
Quarter Result
Bright Packaging Bhd
Quarter Result on 30-Nov-2022[#1] QoQ + 130.76% YoY + 283.66%.
__________________________
Bright Packaging makes Alum Foil for BAT premium Cig. QoQ 130% increase means BAT's 4Qr need alot Alu Foil

Christmas Rally for BAT. As i said before current buying are done by foreign funds

Parliament Vote is most appropriate. MP vote in private without fear

Palace call both PN and PH to attend. Most likely 3 rounds 1-2 jom hand BET

I think Foreign fund sold Carleberg / Heinkein & Genting....Load up on BAT. I see buying mood is just Buy
Dont care about sellers like contra players

SAP has 10--11 jack-up Rigs that can be Nationalised and used exclusively for Petronas. If Gov move fast, it can
capitalised on high Oil price before Ukraine War settled down

If Anwar wins GE15, i am very sure he will restructure SAP. 10 billion hanging on Banks are sinking Lending
power of Banks. The only Industries in 2023 that can generate Jobs is Oil Industries and the only Commodity
that can hedge against Inflation. Bcos Gov can "milk" Petronas like PN

SAP has to make credible announcement to move price Or PNB starts buying in large qty again

Five years I never see so many Bankers visit KPS and give TP. Main reason they are Real Buyer now. Expect 100%
push up to 1.50 soon. Resin price is plunging which works very well to Toyo bottom line. Look at Lotte Chemical
Titan Qr results plunging 70% from last Qr........average resin price has plunged

https://malaysia.news.yahoo.com/ge15-muda-tanjung-piai-campaigner-064427673.html
BN --Vote Buying already begun

https://www.scmp.com/business/china-business/article/3198450/zero-covid-china-reopening-bets-lit-stocks-amid-buying-frenzy-hong-kong-shanghai-preview-end-policy
__________________________________________________________________

For a fact, China cannot lock down any more. Guangzhou and Shenzhen hardly down closed since 2 months ago
mainly from fear many Multi-National will move Or moving to Vietnam.
*********************
As for Buying Vote / bantuan Rakyat, Every Selangor Parliament seat are won in less than Or 300---2,000 since
Mahathir Times. You win, you become Only decision Maker ( control Police and Army )-----Where Got Fair Play.

KPS management should announce Special dividend Before Qr results like what they did for Splash Sales.
For Splash SP, management received RM1.06 per share and give out 32.6sens. Management used the balance
to buyout Toyoplus. As for Sprint, there is no announcement of Any plan to buyout any Company. However
there is threat that UMNO might takeover Selangor and replace All Top Management.
Special Dividend to Selangor Gov ( holds 60% of KPS) will allow them to give a bigger AngPau as Bantuan
Rakyat to buy Votes

what is PKR without Selangor? what is DAP without Penang? Anwar will throw everything including as Menteri
Besar of Selangor to stabilise Or de-stabilise Azmin's influence. In 45days or less KPS has to announce 183mil
uses to Bursa ( a requirement for listing status )

Most SAP Directors have almost no holdings of any shares except one or two ____very small amount.
When SAP management said they have plan to resolve its Debt, it won't be one to prevent Directors from
going Bankrupt. So i believe its plan is Not twisted to safe Directors themselves___usually workable within
commercial settings____Bank Negara might has already seen the proposal or else CRDC wonT even bother
to get involved

First thing First, SAP has to get out of PN17. Technical saying is External Auditor must has some idea
whether SAP can survive as a On-Going Entity. As far as i am concern, selling asset and raise RM350mil
is a very Good start. Coming Qr results is actually very crucial. Going back Red is a damning Brake on
progress. What are the chances SAP getting back to Black---almost 75% bcos almost all SAP drilling Rigs
are running And Gas Field is actually ramping Up. Just announced Japanese Gov will Buy LNG if Japanese
Co cannot afford the price ( subsidy in another meaning ) We know for sure Malaysia is the biggest LNG
supplier to Japan, also the nearest.
Next Qr results are estimated to be released on 30 Sep. I think if results are Good, 15 Sep is most likely
release Date----16 Sep is Hari Malaysia. As i said before 10cent is crucial point

Bursa is priming for GE15 Rally. I think it will start to pick up from 15Sept And then suddenly shoot Up
in Oct. Strong indication are Big boys started unloading stable stock into Cash and start collecting Goreng
stock

when oil was $100, SAP asset is valued at 25--35bil including Oil field. If foreigner control SAP, they can
Liquidate asset to recover investment. It is a political time-bomb for any PM

Except for Oil counters which are heavily undervalue, i see little share price improvement over short term.
Local analyst cannot see Value until foreigners buying in large volume

Foreign Fund will enter Malaysia again after last night Najib sentencing. The rule of Law prevail. And important
first step in foreign investment

Many Lepak kaki here Talk as-if they are Gov. planner Or CEO of SAP. Come-on you are just a punter, SAP
future is none of your concern ( what can you do? Tell Me ) ----Just Lay your Bet and Hope PNB will Goreng
like Crazy. Very Obviously, PNB is in heavy Bottom Fishing, no intention of Chasing above 0.045 until it
has Sapu everybody

OskH holding 10% of RHB Never benefit its market price for so long ( did reach $5.00 a few years back )

RHB valuations are supported by OPR but not necessary the best of the best stock.
OSKH is more money for value. Half of its asset valuation is RHB ($5.80) and the other half worth($2.00)
But market only give 90sens

https://www.malaysiakini.com/letters/628505

There is No End-Game for Cigs. 60% of All Cigs are illegally imported

I think BAT will move rapidly into Heat-Not-Burn Market like Japan. I heard there are serious management
discussion after of KJ's moves

seriously who is going to check ID. It is Vape Market that is continuously expanding into youth market.
Cig market already stagnant. Current Mature market 20---80years Old will last BAT for another 30years.
Most investors Buys for BAT generous Dividend only

KJ is hyping about 8billion medical Bill but he didnT inform how this 8billion Bill came from. This medical
Bill is Direct result from youth switching to illegal Cig from China and Indonesia. This illegal Cigs are not
from tobacco, they are manufactured with Chemicals similar to nicotine and very addictive.
So 8billion medical Bill is actually arrived from 60% increase in Cig Tax.
Maybe we will get 30Bil medical Bill if we curbed youth from Smoking ( Almost impossible Task to curb
smoking........ Bcos we are World Champion in importing illegal Cigs )
KJ is just making a political statement, mainly self promoting for PM position

If KJ Cig. curb is send to Parliament for Voting, how many Vote can BN gets to pass the Bill given 38%
Vote are from PKR, DAP( surely Object Vote ). Bersatu are Not Voting or Object. Umno is now 50/50.
From this Settings, Curb Cig might get only 30% Vote ( waste time Parliament Time )

Curb Cigarette now become a fight between Umno. Bersatu sided PM accuse Najib's fault on Cig Taxes
that drive youths to illegal Cig. How can KJ push this Bill forward without his own party (1/2)support.??

PNB actually just want to Bailout Velesto. But Mahathir has some how instructed PNB to bailout Sapnrg
too. The funny thing that after the Bailout, PNB said both Velesto and Sapnrg are National Asset. I wonder
is there a Clause somewhere ( cannot be disclosed in Public that Gov will Bailout PNB if Sapnrg Failed )
MAS is National Asset. We know it is bleeding Blood all over. So far Khazanah has refused to Sell MAS.

From 2018 to 2022, Total Impairment Loss announced by Management is 12.2Bil ( wa --you are correct, it strip
all SAP asset ) But it is hilarious if you probe further, 5.888Bil is actually for Equipment And 6.333Bil is on
Goodwill. Most people would jump off the Roof for 12.22Bil Impairment....If you look a little further, GoodWill
Impairment 6.33Bil are registered within 12 months ( 31Jan2020 and 31Jan2021 )----Very Fishy
Surely the Bankers Understand but what can they Do.... Even MSWG is also scratching their Head.
Impaired 6.33Bil on GoodWill for What???

Forex Gain will be a significant number for many Qr to come. Reason is most running projects rate base rate is 3.8--3.9 and now to end 2022 Malaysia / USA rate will be 4.4++ Dont expect Malaysia interest will surge faster than USA FED rate.
Since SAP, Buy Raw Material / Income / Salary( foreign) / Borrow are all in US$.....SAP Cash Account will
benefit significantly. This is the main reason SAP cash flow was in trouble when Oil crash below $50

Umno will not let SAP sells its Oilfields which was transfer/sold very cheaply to SAP. The yield from this Oilfield
is still a secret. So i believe in order for SAP to get out of this mess, it will liquidate asset first. With Oil at
current price most SAP asset will Double in 6 months considering EU/USA sanction on Russian Oil will last
10--15 years. USA still has sanction on Russia after Crimea annexation.....6 years now.

Current SAP management is very "square type", it is the Australian SAP recently Hired for Asset restructuring
that doing the Creative Asset Hiding. I get really interested at SAP asset after MSWG announce that they want
to investigate SAP asset stripping.....hahaha

SAP bought SeaDrill for 8.63Bil back in 2013. Impaired close to 2Bil just before Oil jumps $120. Considering
a New Drilling Rig cost more than US$2.0Bil (8 bil each ) given Doubling of Steel price, nobody in the Right mind would Buy a New Rig ( need 4years to complete One ).
Given current situation SAP SeaDrill actually can Sell at 10Bil. I think given anytime, SAP can reverse RM2.0Bil
impairment Loss (into impairment Gain in coming Qr.) Okay, the Trick now is to force Bank for a haircut then
do a reverse impairment And do a revaluation of Asset after the Haircut. ( given SAP sold a floating Crane at
profit recently ). All SAP book losses can wipe off if SeaDrill has a Buyer

Explosive Revelation on Friday that several Top Cabinet ministers are in the Payroll of UKSB is making
GE15 a very heavy undertakings that might results UMNO loosing GE15 if it is Call within 3 months.
Guess what Mahathir was actually in the same situation before. Using Petrol and Palm Oil surging price
as a reason, he created Two Bursa SuperBull. How he did it--you have to ask him. Anyway BN won hand down.
Nowaday whenever there is a Election, Bursa SuperBull rumour starts to circulate.

PM Sabri really has to look at this Option seriously. I think he is in Deep shit---politically speaking. Zahid
intents to pull the whole cabinet down if he is going to be convicted

Ge15 should be in Aug Or Sept. It is a historical fact certain political connected shares will rally 200--300%.
However GE15 has very few such shares. SAP should be one of them---needs bailout

Seriously banning 18yrs from buying BAT cig hardly impact BAT revenue. 90% of 18yrs are Buying illegal Cig
from Indonesia bcos it is "Cheap"---All in All Vape is a serious market that BAT should Not missed.
18year Old is very difficult to control---you say Left, they will surely move Right. You say ban, they think it is
challenge to get Cig now ( just for the thrill ). Khairy failed from the start bcos he is a pamper Boy who doesnt
know or understand Kampong Boys tendency

If TG has a Huge Cash pile then privatise risk will be reduced but TG got little left if Cash raising is not urgently
pursue later this year, next year 2023, many TG project has to be cancelled

To take TG private by TanSri is not the best of deals for Bankers. TanSri own( direct) shares about 2billion
shares ( could be his entire life saving ). If you take TG down to 50sen, TanSri's nettworth is 1 billion and
market Value of TG 8bil shares will be RM4bil. No Bankers will match this Huge short fall bcos TG earnings is
falling every month

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3262855

As i said 60/40 chances of getting a profitable results. Net Profit 16,395----Down 17% from last Qr( 19,889)
Dividend Call again 2.5cents Or 13,425m. KPS intended to give Out All profit from last Qr as Dividend.---
Good Management Call. I believe Management will give Dividend again Next Qr in view of 117mil Cash
received from Sale of Sprint.
As for raw material price inflation caused by $100 Oil has largely been factored in ( 4 months Now ). China
lockdown is coming to end. Most GuangDong factories are running 110% to finish Back Orders.
Ukraine/Russia war is grinding to a Halt, more like a local war like Syria, Afghanistan. But Africa will be seriously affected by wheat Grain shortages. Shortages of IC will last till 2023---many Car production has
stop-----I dont see KPS electronics section ( CPI and Toyo ) will run out Biz until End 2023, Main reason
while USA is ramping Up interest Rate, China on the other End is Cutting Rate to support 2nd World largest
economy.

until today Qr release, Boxpack revenue is doing Okay which means Cenbond carton Biz is running fine.
Properties Giant like IOI is making Big profit which means Demand for Cement Bags is Good. Good for
Cenbond Cement bags too....As for CPI and Toyo, there is no comparison, both are the biggest among none
Listed Co. However resin price should put a Cap on their profit margin..... A 60/40 chance of a profitable Qr,
have to wait till Friday to SEE

Looks like the Official Goreng stock of GE15 is Found. Sap has Dired Fundamental and seriously in Debt.
But politician BN needs a Bumi Flag Ship to SAVE to show their worthwhile as Bumi Savior.
Banks and PNB needs BN initiatives to save them from disaster... All Said...I believe Good Show for many
months to come

Annual Report 2021----Some thing New ( foreigners holding KPS ( first Time in Decade )
1) CitiBank New York--Norges bank 19
2) KAF Core Income Fund

Selangor Gov & maicai still holds 64.95%

3.10B balance project doesnt involved super structure that involve massive steel bar requirement and imported pumps and piping. Chances of inflated price is very High---project losses is very high . Any way KPS has no experience in this type of Design.
Next major works are Earth moving, laying pipes and supplies of Water Treatment Chemicals( design of water
treatment Labs) All these projects are within KPS expertise. But what portion is remaining 3.1Bil, i dont know

after Sprint sale, KPS's nta will gain about 20cents( if no dividend is given out )-----about 2.13 ( 1.93 last Qr) Extremely valuable if KPS wants to secure New Loan to take on new projects.
Using market most simple valuation ( 1.30 * 2.13 ), KPS worth 2.76 ( excluding 3.10billion Rasau Treatment Plant project Not announce yet ) Rasau Treatment Plant is about 4 billion total.

1Q22 Results will enjoy robust up grade due to massive increase in plastic and Electronic parts Orders from
China as GuangDong is rumour to facing ShutDown( yesterday news) after Shanghai