u obviously don't know anything about the deal. go read the proposal first.

in this report kali said $4b saving instead, implied fed's $2b also forfeited? sigh.

http://www.theedgemalaysia.com/business-news/279887-update-selangor-water-asset-offer-reduced-to-rm765b-from-rm965b.html

obviously, should roti maxi bulldoze this with green light from his boss, there will be yearS of court case going on.

there is good chance at the end of the day the entire deal will blow-off now.

"equity portion is not included in the act" - day light robbery of asset?

kali is trying to say even fed give out $2b now, the total still the same as 9.65b. puncak will still get only $1.55b, 2.7x per share.

kali is again doing all he can stepping on concessionaires.

Ukraine crisis actually boosted wheat price.

http://www.malaysiakini.com/news/256881

kali is taking advantage of "no law shall provide for the compulsory acquisition or use of property without adequate compensation" also, that's where the arbitrary play come in. see the picture now? he is not denying a higher price but he will make use of the process to drag and dig... u bet there will be a lot of "goodies" underneath.

read thru the announcement regarding the court case. keep tembak here will not help. the market is not a fool. puncak earning is about to take a hit, the only thing supporting the price is the hope of water deal. the baseline is only $2.71 per share, the arbitrary will take ages and puncak also deny due diligent check. hopefully, when wsia really takeover the asset and handover the management to kdeb, no one find any "goodies" underneath the account.

hapseng generated profit thru plantation, properties, credit, quarry/building material and automotive, year to date pbt already $574m vs last year $465, there is already +19% yoy increment. note average selling price of CPO and PK realised for the current quarter of RM2,340 and RM1,271 only. both CPO & PK price has gone up significantly since then.

very scare now, pls sell down now! cimb going to bankrupt!

the down side of drp is dilution. maybank/cimb/rhb/mbsb should consider stop drp as they have met capital compliancy. juz look at non-glc bank/finance, their share price appreciation is far better than what drp can offer.

no, u have mixed up dcf, which is a simple method used to value the equity base on "anticipated" future value discounted to today's value. tariff is another thing and another number. fyi, next month syabas has 400m bond to clear, would puncak folk out the $ or let it default, go court? let's c.

and @dongyer has a good point above. puncak next q result gonna look shit if o&g revenue cannot kick-in on time.

119, yr homework on the tariff issue is not thorough. check again and understand how the number linked to another. it's not as simple as u think.

how would wsia address the multi-billion tariff court case? tak kan wsia takeover only then close case? :D :D :D

believe unless this is address, it may not be legal to invoke wsia. puncak/gamuda would have calculated the reject risk, let's c how it goes :D

@dong yer, u have 1 good point there!

soybean price up quite significant today

kps is very heavy debted, $1b short/long term interesting bearing borrowings, 3x vs its yearly revenue. therefore while there will be sp.div, but it won't be surprising high. there is no more viable biz left after this deal for kps until further notice.

so deeply trapped that talk also cannot talk properly already hahahhaaaa...

do a rough calculation should puncak & gamuda requests r granted 100%, it would be a sky price neither state nor fed can pay. a huge part of it was bcos of the tariff penalty; which snow-ball into giant debts today.

maybe tony pua should address how to go ahead with the $3b court cases, instead of standard answer like "cannot comment as the case is going on". without this issue be specifically addressed, neither puncak/gamuda will agree to the offer.

kali has been warned years back on the potential water crisis.

looks like someone is deeply trapped :D

latest fpso to begin production: http://www.theedgemalaysia.com/business-news/279517-yinsons-latest-fpso-to-begin-production-in-june.html

kps is the least consideration of kdeb as it holds 60% of it, kps last q result already in negative territory (-2.7)

On the Selangor water issue, RHB Research said Puncak Niaga’s management did not accept the Selangor state government’s latest takeover offer and has instead reaffirmed its previously proposed changes to the offer terms.

“That said, we remain hopeful that the proposed consolidation exercise would be completed sooner rather than later now that the Federal Government and the Selangor Government seem determined to push through the long-awaited reform. Maintain BUY on Puncak with our FV unchanged at RM5.22,” it said.

bcos it's useless without the water distribution (syabas). let alone gamuda & the "individual" controlled 70% splash. kps stake is no use unless puncak/gamuda go ahead. kps by accepting now, might miss the opportunity of any increment.

without puncak/gamuda, although kps accepted the offer but it will not get anything until the whole deal is done.

at least this time kps is done, less 1 mouth to feed :D

rolling 4q eps only 0.17c, very heavy in debt where fy13 profit only $2m+

water deal failed, L2/LREL will fail as well as state gov will not issue any license. since kps accepted already, the $2b will be between puncak/gamuda. let's c what maxi wants to say first, don't panic yet :D

y? hapseng rolling 4q eps 29c, hold 55.x% of hsplant with variety of businesses. march~may cpo price closed above $2900 already.

when reserves decline, highest ffb yield planter taking full advantage of the price: http://www.theedgemalaysia.com/business-news/279439-palm-oil-climbs-to-18-month-high-as-malaysian-reserves-decline.html

3.02pm, obviously manipulated.

no price support today although only average volume traded. should profit taking continues, can see $7.5 again. good luck!

small volume, close range bouncing, not a single word is leaked about the deal... gotta to wait for the announcement.

Young trees to drive growth for TSH: http://www.theedgemalaysia.com/insider-asia/278582-young-trees-to-drive-growth-for-tsh-.html

http://www.theedgemalaysia.com/business-news/279379-highlight-mpob-msia-feb-palm-oil-inventory-falls-1425-m-o-m-cpo-output-down-1531.html

it should delist, after fix-up (m&a?) then list again. it's going nowhere like this, not in foreseeable future.

2 bulldozers parking at roadside "threatening" the price to go up. so obvious manipulate.

the ability to take full advantage of the good price NOW is the key. more land to plant is good but that's 7 years away.

for alam there is good chance to go $1.38 ~ $1.32 range again in short term

there must be a lot of passports and ic's missing everyday

http://www.theedgemalaysia.com/business-news/279302-valuation-drivers-for-yinson-from-vietnam-to-ghana.html

Adventa Bhd expects to double revenue for the financial year ending Oct 31, 2015 (FY15)

http://www.pharmlinked.com/2014/03/adventa-to-venture-into-renal-dialysis.html

http://www.thestar.com.my/Business/Business-News/2014/03/10/Decision-day-for-water-players-Legal-advice-sought-on-extraction-licences

hsplant is subsidiary of hapseng consolidated.

Yes

bank DE interpretation not the same as typical co. if so pbb DE ratio 14 means super debtor :D

consider rolling 4qtrs eps of at least 15c, not heavy debted where interest eat into profit, have own palm oil mill. some ctrs actually go beyond planting which they also produce, market and sales of palm oil products incl biofuel, optionally best with present in Indonesia.