Do you know that Utarasama sold the 5mil units to Freddie Lim on 4th July ?

he will shout "Strong sell" when it retrace later, and "back to RM0.9x next few days" His famous quote "next few days"

traderman will apply HA - Hope Analysis, n hope astino will down later

traderman, will down later ?

Nekosan said strong sell. If not today then next few days or days after next few days until the 1 fine day. Salute this stock god.

Nekosan stock god, how long is your next few days ? i keep waiting but still cant get 0.94. Next few days after next few days until back to 0.94 ?

dont laugh, he can predict the future

yup, will down again later according to traderman

Nekosan : Dont be so happy, will back to 0.94 in next few days. Stock god never go wrong.

Nekosan : Patience, you can get RM0.945 in next few days.

next few days will get 0.945, must believe stock god nekosan

nekosan, where is 90c ? Next monday like what you claim ?

is 90c coming ?

additioal income in next Q due to acquisition of Halaman Optima completed on march 2017, Halamn Optima awarded a RM321mil contract to supply 6 helicopters to Malaysia Army

ROE 18%, only Aeoncr beat RCECAP ROE, even public bank ROE 15% also lower than RCECAP.

impossible 20c dividend.

last 2 Q result -ve mainly due to receivable impairment of Splash, or else Splash suppose to contribute profit of 20-30mil per quarter ( 400mil splash profit * 30% shareholdering)

Jacky, PAAB (under ministry of finance) suppose to finance the purchase because the asset (including liabilities) will belongs to federal gov n lease back to selangor gov for 45 years.

Selangor gov holding >50% in KPS via KDEB, so it make sense that KPS declare huge dividend whenever there is asset disposal because KDEB will be biggest beneficiary

fair statement from firehawk. Kps float is small, KDEB, selangor investment arm already holding 287mil shares out of 499mil total share issued.

http://themalaysianreserve.com/new/story/another-6-month-extension-resolve-takeover-splash-0

Energy, Green Technology and Water (KeTTHA) Minister Datuk Seri Dr Maximus Johnity Ongkili said the independent valuation has been completed and discussions between Splash and the state government have also started.

“We have completed the valuation. It is only for an internal consumption for the federal government,” he told The Malaysian Reserve at the Parliament lobby yesterday.

Related parties had agreed last year to abide by the independent valuation and would then seek a resolution to the takeover of Splash. The state government and Putrajaya had previously been blaming one another over the delays.

Ongkili, however, denied that Putrajaya was delaying the takeover process as alleged by the Selangor state government. He said the ministry wanted to conclude the Splash takeover, but on a willing buyer-willing seller mechanism.

“We are not delaying. The issue in dispute was the valuation, so we had to carry out a second valuation just to back our earlier estimates,” he pointed out.

He is stock god, dont argue with him. Human make mistake but not god

dont be over confident

If offer RM2.7bil for equity, KPS will get RM810mil which is eq to RM1.62 cash per share.

Base on latest balance sheet, KPS has 130mil cash and 280mil borrowing, after disposal and net off bank borrowing, KPS still have RM660mil, which eq to RM1.32 net cash per share. I expect at least 50c special dividend.

Not necessary, many ppl always drag till T4 (most broker firm allow T4 till 4pm) thats why heavy selling normally happen at T4 especially after lunch. Just my 2c observation.

Dont forget T4

all also over confident

The more they delay the more costly the acquisition will be, book value will keep going up as long as the company is making profit. Splash made 300mil profit in FY16.

on 17/3/017 article http://www.nst.com.my/news/2017/03/221726/after-9-year-restructuring-impasse-splash-sees-light-end-tunnel
"Selangor Menteri Besar Datuk Seri Mohamed Azmin Ali had reportedly said the taking-over of Splash equity will be fully-financed by Pengurusan Aset Air Berhad (PAAB), which was corporatised under the Finance Ministry." where Azmin already mentioned the acquisition will be fully funded by PAAB which is under Ministry of Finance.

on 23/3/2017, http://www.theedgemarkets.com/my/article/selangor-will-not-chip-splash-deal-says-azmin, just merely reaffirmed what Azmin mentioned previously where selangor gov will not chip in but rather fully funded by PAAB.

Where the deal can be striked before 7th Apr deadline still 50% 50%.

lol, just like u keep saying Econbhd will drop to 1.3 endless time but econbhd shoot up to all time high 2.1x.

Arvin6 stock god !

2) Awaiting SPLASH deal to conclude - any time soon. IF they (together with Gamuda) can get the deal at 1x book value = KPS potion is RM450MIL!

If 1x book value, the offer price will be at least RM2.7bil. KPS has 30% in SPLASH which means KSP wil get RM2.7bil * 30% = RM810mil instead of RM450mil.

Not sure if the offer is for equity or include liabilities

Arvin6 still waiting 90c ?

As at Dec 2016, Splash's book value is RM3 billion. We're not even pressing for inclusion of the remaining 14 years of Splash's concession. In my opinion, this is already a huge discount," he added.

By right the offer should be even higher than RM3billion given the remaining 14yrs concession.

http://www.nst.com.my/news/2017/03/221726/after-9-year-restructuring-impasse-splash-sees-light-end-tunnel

u c mark up for distribution or collection ?

http://themalaysianreserve.com/new/story/more-delays-expected-selangor-water-deal

Delay again ?

go check if econbhd piling machine deployed at BBCC constuction site ?

buy after result safer

... it could be a trap b4 release result.

Reply from the management : We appreciate your understanding - the Damansara Town Centre substructure contract hasn't been awarded to any tenderer yet and we are not at liberty to divulge any more information

Are you sure u saw the machines deployed at the construction site ?

No announcement today. Isn't that a company must make announcement immediately at EOD upon receiving the loa ?

Makira79, old news or today news?

Only problem is very low liquidity

Fyi, Palm kernel oil price break above RM8,000 1st time in history. Contribution from indonesia subsidiary and associate will increase further.

traderman trying to block it from crossing RM2 and praying hard it will drop to 1.50.

he is stock god.

traderman trying hard to push it down to 1.5x

Salute Arvin6 stock god