Call warrant price will fly with mother once special dividend is declared. Maybe not as much as mother because of the conversion cost but will fly enough. If call don't fly with mother share, investors will just convert to mother to get the special divvy at less than the market price of the mother share.

i3i2i1. KSL at this stage not for trading. It's for holding and accumulating. It's at its Fibonacci 60% off its peak since it started rising in July 2014. So hold and or accumulate!

i3i2i1. Yeah I've looked at KSL's chart. It's turned up but uptrend not confirmed. It needs to close above 1.70. Property sector also still stuck in the doldrums. Index need to break and close above 1240 before uptrend in Prop sector is confirmed!

hng33. Did you factor in the halving in net profit when you arrive at PE <8x?

Puncak shares should fly tomorrow. It's all about implementing the agreement now. No more unnecessary negotiations. Rozali cannot back-track since the take-over of Puncak Niaga will be 'enforced'!

jackytan. Please read this link for the info you need:http://www.bursamalaysia.com/market/listed-companies/company-announcements/4798045

As for forms, please check with your remisier.

The boss, as pointed out, sold at 1.5. That is the indicative value of the share, otherwise the boss won't sell.

But Azmin need not takeover SPLASH. Takeover PUNCAK is a must because of pipe system owned by SYABAS to distribute water. The present pipes are leaking >30% water and need to be repaired/replaced! Anyway, once Azmin holds the distribution system, he will also hold all other independent water processors by the throat!

Once the property market turns around, KSL will bethe first to benefit.

i3i2i1. My point of view: Accummulate or hold.

Yeah stkoay, I am still around. Nice to be thought of. And Selamat Hari Raya to all our Muslim friends.

The 2.80 block is gone. Something good likely be brewing! The beauty has said 'YES' at last?!

I would say, collect now. Very likely you will gain if keep for even 6 months.

Property counters began downward trend since April 24th 2015 according to the chart. It is now at the lowest since August 27 2013 according to the historical chart. It is now at 1210 pts. If it breaks below 1205, it will be at its lowest point since 30th APRIL 2013!

newdesk! Every time I ate papaya, I am reminded of you. Thanks for your encouragement in the present foggy mist! Where have you been all this while? Now is the time to collect. It is at an all time low despite record profits and undervalued NTA which protect it's margins. I will collect again once I sell my Puncak after the water deals are completed! HaHaHa!

Egg producers are hit with a triple blow: 1) Rise in corn prices due to shortfall in production; 2) Rise in USD/RM rate of 18% since corn is priced in USD and 3) GST and higher prices from imports due to USD, are causing supermarkets to experience up to 30% reduction in sales. Corn is about 50% of chicken feed and chicken feed converts directly into eggs based on a certain ratio. High USD and GST are expected to increase inflation which further decrease consumption. The economy will take about a year to adjust. Teo Seng is partly protected due to its relatively high net profit margin of 12% and 30% sales to Singapore the currency of which has risen 9.8% against the RM.

i3i2i1. Just read my nick: when upside is down, buy. likely even more suffering if sell now and realise losses on a share like KSL. I am sure the big boys are not selling but accumulating. That's why they allow the wolves to depress the price! Even if KSL's next quarter results are below expectation (happened before) hold. The underlying assets of KSL are still there and will assert its value once the wolves or the property market turns up. Even if you need to hold for 6 months to a year, hold!

In fact accumulate when price goes further down. This is the sort of share for averaging down!

kenneth89. Don't sell. Hold. KSL's share price is very abnormal. Shares that have generous dividends declared plus bonus shares usually rise in price. E.g. Homeriz. Especially shares with very undervalued assets like KSL. That it suffered not one but two massive sell-downs in Dec 2014 and another in Feb this year and currently with the price depressed despite KSL's management having authority for share buy-back and despite the fact that it is to the advantage of KSL's share for cash-dividend policy, are clear signs of price manipulation, very likely with the connivance of KSL's insiders. The current down-turn in the property market cannot explain all of the massive sell-downs and price depreciation. The only explanation is that the share price is being depressed so that the wolves can collect!

The volume is impressive.

kenneth89. Goto Bursa homepage - Contact us - Feedback/complaints - Other Complaints

KSL's management now have buy back authority to support price..unless KSL's insiders are the real wolves all this while! I might just lodge a police report on insider trading in KSL and/or complain to the KLSE!

I did some research. The price of corn also up in the last 2 weeks.

In fact directors, as a matter of principle, should not sell their shares especially in a weak market. If the directors have no confidence in their own shares, how d they expect the general public to have confidence?! They should increase their share holdings instead, especially in a weak market.

The sale is by the director's spouse and is only a small amount. But still in the weak market, she should not have sold since it will reduce confidence, cause the price to drop further and reduce the market capitalisation of her remaining shares. Domestic quarrel with her husband perhaps?

The hike today is more like the old KSL. Perhaps KSL's management taken my advice and started buying support? We will see in their announcement to Bursa in the next few days.

i3i2i1. Just read my nick from right to left. Sell when downside is up at RM3! HaHaHa!

There is no road block pressing down. Buyers just wary of the wolves. KSL should now use its share buy-back authority to move up the price.

At this price, don't take DRP unless it is 1.30 or less.

BTW, I am still invested in Puncak just as I am in KSL.

Bro st. Three is a crowd. I am sure it is for Jacklin and that she prefer roast dinner for two i.e. with you.

And jacklintan baby,
I always fancy a babe,
With fire in her belly,
More fun with her on a date,
I envy you bro st!
Never mind the way I speak,
So long as it's from my heart,
From my heart to your heart,
That's how romance starts!
No? HaHaHa!

bro stkoay, jacklintan giving you a hint as in roasted dinner for two! HaHaHa!

Just joking, jacklintan darlink.

Hie jacklintan darlink,
Why so keen on st?
How about poor me?
Have you forgotten we met?
When KSL was four-sixty.
We should meet,
For a cuppa coffee!
Then skies are blueee,
Never grey,
Where to rendezvous,
Just say!
HaHaHa!

Likely another sell-down coming to collect from the weak holders.

Buyers don't come back for nothing. Something brewing?

I would say buy and keep for at least 1 year. The wolves cannot hold that long. Do not sell in a sell-down. The price now is well undervaluing the stock!

William Tan. You need viagra/tongkat ali?

The one thing to watch is whether KSL's management will competently support the price and bring back confidence in its stock. KSL has all the incentives for doing so (see my earlier post). If not its share price will continue to be depressed until the property market turns the corner. And even then, it will not be able to move to its fair value.

Even if ALL the warrants are converted to mother shares, the dilution will only be 4%. DY will be 7.6%. PE will be 5.2. NTA at book value will be RM2. Therefore the current share price of 1.77 at time of writing is still too low. This is nothing but the loss of confidence due to the raids by the wolves/KSL's insiders and the woefully suspicious incompetence of KSL's management in defending its own share price! BAH!

The sell-down is by the wolves in order to collect cheap.

Hevea's authority for share buy-back to support share price not yet passed. So way is opened for the wolves/syndicated traders to effect a sharp sell down in order to get the new shares on the cheap. It started with the warrant. Mother share likely to be next.

SKPres is in GBP - British Pounds which is also strengthening against the ringgit!

If foreign funds sell, new foreign funds will likely pour in due to the cheap ringgit. The present foreign funds withdrawal is to reinvest in the Chinese stock market which is going to be regraded upwards. The Yuan is slated to be included in the IMF's SDR (special drawing rights) basket of currencies and China's indexes are to be included in the world's index for emerging markets. This means the Yuan will formally achieve 'blue chip' status and global funds, especially index linked-funds will have to weight up their holding of Chinese stock and bonds. China's economic re-balancing to consumption-led growth (instead of export-led) is expected to succeed and growth is expected edge upwards to 8% or more to 2020. That's why the funds are pouring into China's stocks now! Here in Malaysia, the only draw-back is the very incompetent economic management and perceived corruption!

CCH. Very good advice. But I still like to have a wolf or two including an insider's head on my platter!

It's unlikely I will let those wolves and insiders get away with financial murder!

I mean Dec 2014!

The extreme Dec 2015 sell-down was quite definitely to get the huge dividend and the bonus shares!

As I've said, I am considering very seriously to lodge a report to KLSE and the Securities Commission of illegal insider/syndicated trading of KSL's shares in Dec 2015 and Feb 2015. I may even lodge a police report as well!