JJchan

JJchan | Joined since 2015-05-28

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Stock

2019-05-03 14:37 | Report Abuse

Sharks are putting Blocks at 1.650, 1.660, 1.670, 1.680----I purposely put up review on Sewerage
projects----Sharks immediately increase blocks to 400K++

Stock

2019-05-03 14:32 | Report Abuse

Now we know why Najib and Ongkili takes 2 years to negotiate Splash Sale while PH can do it
2 months-----Upto 20Billion projects at stake---enough to feed BN contractors for 2 coming GE

Stock

2019-05-03 14:18 | Report Abuse

i really don't know about dps additional cost---didn't attend court. Forgot to said, my case was against HL industrial--

Stock

2019-05-03 12:36 | Report Abuse

additional claims is very common in high court judgement ( you got jalan 50/50 ). I still remember
one of my HongLeong case, HL lawyers requested 120,000 for outside professional advise. I show
HL lawyer one finger, my lawyers show 2 fingers. But the problem with these claims and counterClaims got so large, you really need Reassessement to untangle the mess and give a
final number

Stock

2019-05-03 12:12 | Report Abuse

Puncak is also awarded another Sewerage project in Kuantan recently ( Umno controlled, KPS
no chance )---66KM ----can check in Puncak 2018 annual report

Stock

2019-05-03 12:10 | Report Abuse

******Within this business segment, Puncak Niaga is undertaking a
RM394.00 million sewerage pipe network for Package D44, Bunus
Project (Bunus Project) in Kuala Lumpur, for our client the Sewerage
Services Department. The Bunus Project was implemented under the
Greater KL (GKL) Government initiative to rationalise and decommission
a total of 73 sewerage treatment plants (STP) covering an area of
approximately 72 square km. The project encompasses some 54 km of
interconnecting pipelines which connects to a centralised STP at Bunus
Sewage Treatment Plant. The project’s completion is scheduled for June 2019********

Took the above from Puncak Annual Report 2018--------This Sewerage project was awarded
to Puncak in 2016-2017-----
Sewerage is Big Biz for Smartpipe

Stock

2019-05-02 16:51 | Report Abuse

operator got to move price above 10 cents before ikan bilis dare to touch

Stock

2019-05-02 16:13 | Report Abuse

Mr 0.095 toilet break today

Stock

2019-05-02 12:29 | Report Abuse

today looks like FF selling but iwc and eko are caught in the net too

Stock

2019-05-02 12:05 | Report Abuse

Air Selangor didn't say they will settle Taliworks 132mil receivable. Air Selangor is a private Co. they treat accounts payable also like besuk lusa, besuk lusa

Stock

2019-05-02 09:32 | Report Abuse

Botak is dealing Grand Tai-Chi Master----Najib is just a Cowboy. Shoot first think later

Stock

2019-05-02 09:29 | Report Abuse

usually in politics, mattra---"you don't say what I say"---"you say it is All your own Doing"
Who ask "Iwh-Crec" to increase 500m deposit?----741m also cannot raise. why increase burden to
1.24B----

Mahathir-----panjang akal

Stock

2019-05-01 21:43 | Report Abuse

Mahathir is a great Tai-Chi master, in the end, CREC with works with mrcb, gamuda ,epf ,Pnb

Stock

2019-05-01 18:15 | Report Abuse

pipe replacement is a Perpetual Biz----you start with one end in Selangor and finished in 25-30 year for the whole of Selangor. The starting point pipes need to be replaced again due to Old age

Stock

2019-05-01 17:39 | Report Abuse

Pipe replacement Money is from Federal Gov. (repay by Rate Hike)

Stock

2019-05-01 17:36 | Report Abuse

smartpipe order book should hit 500mil per year. After Splash, both Selangor and Penang already
signed water rate hike so pipe replacement should proceed. Every Ringgit of Water from Splash,
Syabas can only collect back 70 cents-----30% of NRW. Air Selangor will be broke very soon

Stock

2019-04-30 20:22 | Report Abuse

3.30 Tp is just a technical number. Trading price is difficult to tell. It is all about how many shares
left for you to Buy( if someone like LTH sapu all free float )

Many, many years ago, SAP ( kps old name) with # of shares 30mil (-second board) was
once traded at RM5.50 then 8.0 ( but dropped down to 30cents after Super Bull died )

Stock

2019-04-30 19:01 | Report Abuse

if you want 15 days, i don't know. If 15 months with ECRL & Smartpipes going full swing, 3.30
Bursa has bottomed, all bad news already factor-in---Morgan Stanley yesterday said emerging
market Rally coming-----Bursa is now at the Bottom of the Bottom

Stock

2019-04-30 18:36 | Report Abuse

KPS shareholders received so much cash dividend bcos NOSH is only 545million. If like Gamuda
2.4B, how much dividend can you receive?

Stock

2019-04-30 18:29 | Report Abuse

Sprint sale is forthcoming so another 35cents (minimum) dividend is on Q

Stock

2019-04-30 18:26 | Report Abuse

You can line up hundreds Banker Tp also no use bcos Buyers got NO money

Stock

2019-04-30 18:23 | Report Abuse

You cannot sustain price above 2.0 if there is no liquidity ( like last time fell back with no support)
Now it is different, there is a 37 cents anchor. And on 15 May, a 70 mil cash dividend provides
more support than needed. Any Good News from now and after 15 May will be explosive

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Stock

2019-04-30 17:10 | Report Abuse

newly listed Co: Millionaire Bros Bhd

Stock

2019-04-30 17:04 | Report Abuse

Check Bursa DPS latest announcement, all court nos are there

Stock

2019-04-30 15:33 | Report Abuse

most commercial case---yes ----public can attend----need name tag,--- got free day just go and ask
registrar procedure during office office

Stock

2019-04-30 14:32 | Report Abuse

Usually the Judge designated to appear on 17 may, is also the same judge in the case management (can be another judge also). Case management can be conduct anyway, usually
in Judge Office. The only different on 17 May, Judge(s) and Lawyers from both Party Must dress
in Full Court Attire and everything said here will be recorded (dead serious manner )

Stock

2019-04-30 12:59 | Report Abuse

If they are buying new mattressess, made sure it is King Coil

Stock

2019-04-30 12:56 | Report Abuse

Sorry i made a mistake.....i have excluded Top 30 list......It should be 100 minus 64.45% (kdeb,pkns,Tabung Selangor)-----35.55% free float of ( 200m free float cash dividend) about
71million free cash available at 15 May

Stock

2019-04-30 12:11 | Report Abuse

After 15 May, there are about 40million of Free Cash release to existing shareholders. Are they
buying for long term( or new mattress) Or are they Contra Kaki like many here?
Even under maximum Goreng yesterday generate only 13mil Vol.......When you put 40mil free cash
into a small fire?......as i said before even kps at 2.50 the Vol is still negligible---(only 100m free
float ) Are you expecting up 4cents @500mil Vol like Sapnrg----maybe up 40 cents

Stock

2019-04-30 10:40 | Report Abuse

Got 14 Trading Days before 1Q19....Topping-Up is not advisable....plenty of opportunity later.
Long-term you would surely win. Don't worry about PNB sell down. PNB is Not doing Buy High Sell Low. PNB will ensure their holding value remains the same or higher. # of shares holding will go
down but price will go Up.

Stock

2019-04-30 10:28 | Report Abuse

37 cents dividend is a strong anchor for Ikan Bilis. If sharks can make 5cents everyday, they become addicted. Any goreng lasted more than 2 weeks can go on for months

Stock

2019-04-29 19:11 | Report Abuse

Just marked today----major buyer could be LTH ( get back to 5%) Tomolo another bigger Fish coming?????

Stock

2019-04-29 18:51 | Report Abuse

1000 stocks but this sochai will choose One with only 100cents in cash account----without us he is
Blind

Stock

2019-04-29 17:33 | Report Abuse

Perbadanan Bekalan Air Penang should have a decision on smartpipe soon (6 mos after smartpipe Demo in Penang---17 Oct 2018)

Stock

2019-04-29 17:30 | Report Abuse

Cement bags are confirmed good for cenbond bcoz of ECRL (going full scale soon) Saw a group
of Chinese Engineer in Carey Island( possible Cargo terminal for ECRL)on Sunday

Stock

2019-04-29 17:27 | Report Abuse

If i were the shark, i would goreng above 1.90 before 15 May and let it drop back and let Cash
dividend to support the price

Stock

2019-04-29 16:41 | Report Abuse

luiws----all the money today came from goreng master outside kps-----kps shareholders can do buy-back only on 15 May, 2019----I am just smoking my cigar and watching the show ( no money noTalk )

Stock

2019-04-28 17:15 | Report Abuse

I like KPS management----very Good pay master----always reward themselves and Us

Stock

2019-04-28 17:12 | Report Abuse

https://www.thestar.com.my/business/business-news/2012/06/21/kps-mulls-selling-highway-stake/

Goodguess-----Kps bought Sprint for 130mil in 2002 ( don't know the rest of the maintenance cost)

Maybe price for 17 year compound by 4.5%= 270 mil

Another Cash Dividend of 35 cents in 2019 --maybe (just Guess)

Stock

2019-04-28 13:03 | Report Abuse

In actual fact, it is investors holding 800K and below that will buy-more after KPS give cash to them. I used top 30 bcos there are # in the Annual Report. This group is 20% larger than top 30.
Once free float falls below 10%, market price will rocket. Similar to HapSeng, HL Bank, Public Bank
and PetronM( still depends on Oil). This is the different between Cash Dividend and stock Bonus( raise cash by selling). Cash dividend is Viagra ( don't dilute nosh)
If hit RM10 end-year (PH will have Bragging Rights), maybe management will enlarge shares

Stock

2019-04-28 11:43 | Report Abuse

Just for fun calculation only( nothing real), if KDEB,PKNS + all Big Fish in 30 Top holders do buyback ( RM2.0 )together, KPS free float Left in the market is only 9million and this also
excludes Big Fish holding 800K and below ( No more shares for them )

Stock

2019-04-28 11:15 | Report Abuse

I generate a Buy-Back scenario based the amount of Cash Available (cash from dividend) and Known dividend payout as Jun 2019 ( 36.85 cents )
Total Dividend payout RM200,832,500 ----NOSH: 545mil----
Total shareholders( KDEB, PKNS, LTH, Others + 30 Big Fishes)= 79.92%
Free Float is around 109.436 mil

Due to 30% Free Float requirement of Bursa, KDEB & PKNS are excluded in the calculation:
From Annual Report 2018, it is expected 16.53% of Big Fish( excluding BB holding less than 900K)
would use Cash Dividend to do Buy Back ( Cash Dividend available RM33,197,612 after Jun 2019)

This scenario excludes Fresh Fund from outside and Cash Dividend from Big Fish holders 800K and below----------

Market Price(as of 29 Apr)------------------nos. of Sellers needed (RM33mil / market price)
1) 1.50--------------------------------------------22.13mil
2) 1.90--------------------------------------------17.472mil
3) 2.00--------------------------------------------16.59mil
4) 2.20--------------------------------------------15mil
5) 2.50--------------------------------------------13.27mil
6) 2.80--------------------------------------------11.8mil
7) 3.00--------------------------------------------11mil
8) 3.50--------------------------------------------9.48mil
9) 4.00-------------------Calvin Dream-------8.3mil
10) 15.0 -----------------------------------------2.2mil ( Last Friday Closing; Seller only 300K ++ )

Scenario is just a reflection how tight KPS liquidity is, if Cash Dividend is Directed to BuyBack
( I am already a buyback kaki)

Stock

2019-04-27 21:07 | Report Abuse

https://www.theedgemarkets.com/article/kumpulan-perangsang-acquires-majority-stake-pipe-company

Digging up a sewerage pipe---the smell is beyond, beyond control. If you slide a smartpipe in without digging up the old pipe, only the smartpipe Bangla operator will die after 5-6 years( just kidding)

Stock

2019-04-27 20:45 | Report Abuse

Actually Calvin missed another Huge project that no ones in Selangor wants to talk about bcoz
of the cost involved. " SEWERAGE pipe"----I talk about it 6 months ago here( mostly talking to Walls)
Most Housing projects (within 40 years )in KL/Selangor are connected to a central sewerage pipe
but most Kampong within 20 Kilometre outside KL are Not connected at all.

Worst of all, those 40years Old sewerage pipes are cracking up. The last one i saw is beyond repair. Contamination to ground water is 100% (cannot mention the area here)
Currently i saw they are testing a sewerage Smartpipe for replacement (Big, big Cost involved)

Stock

2019-04-27 18:21 | Report Abuse

Last 3 months, average price is above 1.30----Past 365 days lowest price is 1.20 (average 1.65-- 1.70 ) The idiot who intend to sell at 1.51 on Monday must have cost 1.15 ( 1.51-0.3685)----The
person i know who has 1.15 as cost are Roger123 and ymj1016--- Bought kps in Jun/July 2016

Stock

2019-04-27 17:26 | Report Abuse

I taught 1.450 and below got no loose holders bcoz i made sure i swept all the corners before going up to 1.50

Stock

2019-04-27 16:08 | Report Abuse

PVC-O and KPS smartpipe is completely different in application term. PVC-O is Rigid pipe but
Smartpipe is like soft HDPE (comes in Roll form like your Garden Hose) Smartpipe puncture strength is close to soft mild steel strength and it is designed to be inserted into existing Old pipes.
PVC-O pipe maxi length is 20feet and then a Coupling( joint)----Smartpipe joint is every mile or
one kilometre

Stock

2019-04-27 15:53 | Report Abuse

If Sharks dare to push down on Monday, i will be waiting 20cents down. Sapu everything including their underwear.
Last Friday sharks had to use 300K to push down 3cents bcoz they didn't inform me so i just fed on
what was easily available ( called Roger123 to join the party but he "keep" running around like a
headless Chicken)
Pushing further down is Shark Wet Dream ( also my dream But the cost is high)
Only 9 Trading Days left(13May---you get 36.85cents), Shark dare to throw millions and then hope to collect back. KPS is a illiquid Stock below RM2.00. And there this LTH holding only 3.88%(previously 5%) buyback can hit 6-7million. KPS's liquidity at RM2.50 will be worst than PetronM (reverse scenario unlike other shares but similar to PetronM)

Stock

2019-04-26 23:14 | Report Abuse

kps gave out 177.67mil special dividend ( so my estimate 200mil is very close )