Sell whatever you have in KHSB, and buy other stocks. Buying opportunity now.

KDEB does not have the mandate to buy higher than 83.6

hng33 is right. So, small investors like us shall again benefit in the process thru bumper dividend. As of now, KPS is a much better choice than KHSB..

I'm not sure about that. But KPS value is much higher than 1.60

KPS is quite generous in giving out the special dividend. They have agreed to give almost half of the proceeds from the sales of KHSB as special dividend.(RM99 million out of RM212 million). If they continue to use the same formula for future water proceeds, you can expect astronomical special dividend from KPS. Based on the potential figure I suggested earlier, the dividend is tempting indeed..

RM1.6B proceeds from sales of equity in water companies? that's a lot of money. assuming KPS just get 30%(after paying all the borrowings and liabilities) or RM480 million. More than RM1 per share! Provided my assumption is right and the deal goes thru..

Anything below 1.60 for KPS is a good buy because of the 20 sen dividend (net). Also there are positive development on the water issues which should further push up the price of KPS.

Dear OTB,
But to get 83 sen for KHSB, you might need to wait another 3 -6 months. By Monday KHSB might go up to .78/.79 and to get additional 4 sen you need to wait another 3/6 months. I tend to agree with hng33 that you sell KHSB now and buy KPS because the upside potential for KPS is huge.