sold back all dayang at 1.40 for second quick contra

Sapura Energy, OMV ink strategic partnership
Sunbiz /01 Feb 2019 / 17:39 H

https://www.thesundaily.my/business/sapura-energy-omv-ink-strategic-partnership-ID476831

Remark: The ink partnership with OMV and disposal gain RM 2.7 billion, record 15sen/share on enlarge capital after right issue. These result will be reflected in upcoming sapura Q4 result to be release within these month Mar.

So stay tune, sapura day is coming soon

bought back dayang at 1.37

sold back all at 1.44 for quick contra gain

bought back dayang at 1.35-1.37

KPS now already have core business to generate profit, growth EPS and sustain future earning.

1. Century Bond Bhd ----> packaging business
2. CPI (Penang) Sdn Bhd -----> engineering thermoplastics business
3. Smart Pipe Technology Sdn Bhd-----> replacement selangor pipe business
4. King Koil Manufacturing West LLC ----> Licensing fees
5. KPS-HCM Sdn Bhd 51% -----> road and highway construction and maintenance
6. Aqua-Flo 51% ------> water treatment chemical supplier


The cash from the divestment is expected to receive an upfront cash payment of RM570 m or about RM1.06 per share with the remaining RM195 million to be paid in installments over a period of 9 years. This would increase the cash and bank balances for KPS to RM736m from RM166m. The board of management will allocate these fund to 3 buckets below

1. Reduce borrowing, trim down gearing from 0.5x to comfortable level 0.3x
2. Special dividends reward shareholders
3. Acquire new business and expand current business

The proportion of each bucket allocation is subject to balance consideration of each bucket, but if you look at KPS historically, whenever kps have major divestment, there will be special dividend to aligned with optimizing shareholders returns.

Aside monetized 30% splash, next will be 20% sprint highway. KPS have continuous incur its share of loss in 20% sprint highway. Sprint highway is targeted to turnaround these year after granted scheduled toll hike these year.

But, gov have decided to take over highway now. Therefore, if successful take over by government will allow kps not only able to recoup its investment cost in sprint, but with possible compensation due to premature taking over concession .

The extension for completion to divest splash is until end of Mar, these date is coincide with KPS to declare final dividend for financial end 2018.

Highly possible KPS to declare special dividend together with its final dividend together.

Remark: KPS, which owns 30% of SPLASH, is expected to receive an upfront cash payment of RM570 m or about RM1.06 per share with the remaining RM195 million to be paid in installments over a period of 9 years. This would increase the cash and bank balances for KPS to RM736m from RM166m.

bought back MNRB at 1.00

AZRB have strong orderbook worth 3.6 billion and have good connection to Petronas in which it provide oil and gas service. construction + East klang expressway toll to be ready by end of these year + concession hospital + oil and gas service provider + palm oil,

Get Ready to move

sold back all at 18.5sen

Recent KPS financial result is good despite absent of splash profit. KPS have turnaround into very diversify business and sustainable earning forward. Pending conclusion splash completion, right time to enter at current level, awaiting for special dividend later.

Sapura day coming

Add more at 43.5sen

Bought Kps at 1.30

After dayang day, next will be sapura day these month :D)

selloff done, time to rebound

worse is over, time to rebound

bought 17.5sen

bought AZRB at 42-42.5sen

Brent crude oil back to USD 67

sold all at 1.10 first

hahahha, breakout 1.10

Rush hour for late comer, don miss these last opportunity ya. hahahahha

sky is clear, breakout

GOOOOOOOOOOOOOOOOOOOOOOOOOOOO

add all balance capital to dayang at 99.5sen

Gain RM 2.7 billion will recognized in Q4 result to be release these month, about EPS 15sen on enlarge capital base.

Month Mar now, sapura day is coming......:D)

Bought back all dayang at 1.00-1.01

sold back symlife at 40.5-41.5

sold all tguan at 2.59-2.61

sold back all first at 1.03

https://www.thestar.com.my/business/business-news/2019/02/28/oil-rises-2-percent-as-us-crude-stocks-plunge-opec-brushes-off-trump/

https://www.thestar.com.my/business/business-news/2019/02/28/oil-rises-2-percent-as-us-crude-stocks-plunge-opec-brushes-off-trump/

Crude oil rebound, more upstream contract to be awarded.

Crude oil rebound, next month result out, will be Sapura day

Super result

Super result

8 sen dividend

15sen dividend

Lets profit run :D)

KWP alrdy ease shareholder for dayang, ease off selling pressure, share is due for second round marked up

hahahha, lets breakout previous highest level 1.06, pave way for next unplug

Lets return back to above RM 1.00

These latest results show that Dayang performance is so important to other two listed company, Naim and perdana petroleum, as Dayang is their major profit contributor. Both Naim and perdana are highly dependents on Dayang and heavily rely on Dayang.

dayang holding company naim report super Q result, EPS 17sen. Naim profit contribute largely by dayang

bought back all dayang at 95.5-96.5sen

bought more sapura at 31sen

Add more litrak at 4.18-4.23