profit guarantee of toyoplas is 35 million /year, CPI is 25 million /year. Cenbond current profit is about 10 million/year. Collectively these 3 is about 70 million. As for others maybe another 3 to 5 million/year. When all the companies are taken together KPS should have about minimum EPS 10sen per year. The most bright prospect is smart pipe which could take it to another level.
With a lot of cash from selling previous business, dividends should be okay. I think generally at this price I will collect.
The only issue is funding. Does anyone has information on total financing cost? I think that's why profit is lower than it should reflect. Anyway at current pricing is quite safe for now.

if a company has this kind of result with a different boss, it would have touch 2.00. The only good side is after bonus issue the dividend is maintained for each share. So your dividends are higher than FD.

No volume....

@Leno, Insas is taking over Plus? Halim Saad and Wong in the Star right?

From the edge report, I think they will push insas sightly above 1 ringgit so that people will convert the warrants. Otherwise they will have to GO. Most likely price they offer is 1.20 if no conversion from others. From now till next year 50% profit if buy now.
Prediction only buy at your own risks. Haha

Comparing 10 years ago sales per year is 168M /year profit is 15M/year
Now 2019 most recent 4 quarters sales is 524M /year profit is 46M/year
Keep 10 years there is a 3 fold increment-so buy and stay invested. More people more food needed.

KPS management is putting cash to acquire companies with decent guarantee profits. I think with all these companies they can make 100 million a year. With more to come.
Another guarantee when roger laughs KPS will go up haha

@ rogers123 Wahahaha/ Jjchan gone again
when roger laughs the price goes back up. wow! those who caught at 1.16 made the right move.

drastic drop on topline and bottom line. will this be the trend or just a one quarter affair? if it is a trend than better run. The drop is too drastic...sell buy back latter.

As state investment they will be given opportunities otherwise why does the state wants to do business. Pipe business sure get one! With the few hundred millions they can bid for more jobs

before Calvin's write up I was just holding but today I top up. Why? read up his write up, makes sense. I also join his party. As a state investment there will be some special contract especially if smart pipes are cheaper and better.

@JJ, how much is SPRINT worth? KPS has always wanted to sell its 20% portion. Another millions there can be use to pay dividend or buy up other investments. KPS = Kita Pasti Success !

Pursuant to Paragraph 9.03 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”), the Board of Directors of Perangsang Selangor, save for the Interested Directors, wishes to announce that the Conditions Precedent in the SPA has been fulfilled on 22 April 2019 and the Offer has now become unconditional.



Following the above, SPLASH Holdings, being a 30% associated company of Perangsang Selangor, had on 24 April 2019 received the Upfront Sum of RM1.90 billion from Air Selangor. As such, the Offer has been completed on even date. Accordingly, SPLASH shall cease to be a subsidiary of SPLASH Holdings with effect from 24 April 2019.



This announcement is dated 24 April 2019.

Money received by Splash- 1.9 billion as for taliwork share of 30% is 570Million.

Current 2018 EPS 2.59 and PE 29.75.

Going to have private placement 10% of total share. Can't remember but I think the 3rd time already. The few months upside was to push up for pp price.

postpone to 30th April

not many sellers...good sign

@ling, my point was profit 150 million for this quarter, very good performance but price on the next day announce still drop. All the positive news doesn't have very much effect. I bought OSK in 2014. after 5 years not much returns.Everything about the company is good except the price appreciation.

Bonus issue didn't go up. Profit 150 million drop. No news in The edge, Star business. Looks like smart investors have left OLH counters. Just hold for dividend and pass it to grand children. Hahaha

even now price PE 46X still people rush in. Can't they see what happen to Dsonic, Pretariang.

Today in Star paper, Jaks releasing 50 million to Star. Bonus for Star. buy Star..

Look at the PE. still very high. Future earnings on the down side and for future potential on the malaysian operations will be low. Look at Dsonic and Prestariang. All similar, boat sinking.

everyone makes a good call or bad call sometimes. Jaks from 1.80 to .50 sen and roger says very happy. I think he would be more happy if it's 20 sen. Live and let live, no need hentam JJchan and others. We are matured investors and don't blame each other lah....

331 million loss equals about 60 sen loss per share. Back to 1.00?

Taliworks up 7 sen....

Taliwork moving.....KPS soon.......

HY went up to $17 when KYY was in. After he came out it is at 7+. When he clears all his Jaks, whoever wants to pump it up even if it is profitable must be really loaded or with a lot of margin. A lot of others were riding on KYY to push up price then. So be careful because it could be a long time before it can move up like before.

They are just shaking all weak holders out. Many who bought at higher price will want to cut lost. It will come down first and then go up. That's why roger says "Theorically it is a bad news but in reality it is a good news"

Is it a 297M hair cut or a 765M cash out? Up or down should be the path?....KPS is getting interesting....

yes buy back today.

Jaks going to roger's target of 80 sen soon. KPS going the same south direction. roger get your funds ready. Many cheap sale soon.

Unless there is a new shareholder taking up what KYY is selling we will see price drift lower as there will be ample share floating around. Anyone who pushes it up must have KYY muscle & brains, that says a lot about this man....

Everyone is right as the way they see it. When KYY buy and promote Jaks, it went up to 1.80+. Now it is 1.03. Who is right or wrong. You decide for yourselves. No one to blame. KPS from 1.20 went up to 2. Now is 1.73. Each of us must decide our exit. Hey when it does go up 2.50, then roger also will disappear like other sifus or change story.There is a time for everything. Up and down, down and up. if you believe it will come down further sell, if up then keep. Just remember everytime kps sells an asset they WILL pay dividends out. That is history. Will it happen again?..

very well controlled price...........Hm.......wait for dividend.

How much does KYY need to sell before margin call is called off. Who is moping up his shares. He has together with wife sold about 8 to 10% of his peak shares.

Give some good news so that shorters think twice of shorting.Too high risk for them. Build up confidence before pushing up with dividend announcement. Patience is a virtue!

kps business now worth 40 sen since there is a cash of $1.42 deducted from splash. I have been waiting for a big volume to come in so that sharks can push up price. The volume is there but price is down a bit.But volume says a lot. Hmm..............

2.55B but taliwork is not running higher. Hmm............

KYY will keep selling as that's the only to buy back cheaper later if he still has interest in power plant. But he could be fed up with management and decide to look for another better company. Up or down depends on KYY. That's why management so apprehensive of him.

lull before the storm........before it storms up..

Assuming book value 3B. But paid 2.7B. book value loss is 300M x 30%= 90M.How much money is paid to kps for that loss? 810M? so lose lose 90M in book but get cash for 810M. Looks like golden eggs looks good to me. Can use the money to make more on maintainence works job of pipes, roads, water treatment chemicals. Get the golden eggs and rear a new golden goose. Best company.

waiting at 1.03

1.9B by federal plus 800M by state= 2.7Billion. Dr. Xavier cannot indicate price but I think market sources are good at finding out prices.

I think no institutional buyer. Only ikan bilis like us buying. Keeping small amount as value is good but....price not good..

sold at 2 will wait at 1.90. hehe..I think it's still upward trend. Target still 2.50

Big bro. takes the lead

roger seems to be setting higher target price each time kps goes up.Now target price 2.01. ; )
Gamuda pricing very strong. Indication of reasonably good deal.

all 3, Gamuda, Taliwork and KPS move at the same time. News has been leak out to insiders.

has the dateline gets nearer, insiders will see they can't get it cheap anymore. They will rush in to buy before its too late.

2.20 soon........