KPS management bought MDS at 83mil about 16cents/share. Ex-Date price was 71cents and if price return back to 86cents. Technically KPS management has given out 22.5cents indirectly as reflected by price
Republican is in control of Congress in 2023. Someone like "Trump" might win 2024 President Election. Both Congress and President are in Republican Hands, China will be in very Bad position. KPS moving Out of China into Vietnam is a Win-Win Situation. I was told Up to 65% of American Electronic Parts OEM are moving to Vietnam together with 35% Taiwan EE manufacturer are also leaving Taiwan into Malaysia.
With so many Big Banks giving TP, i am a bit concern. Usually Bank dont give TP unless they are interest to set-up Call-Warrant. Once Bankers can accurately forecast Profit, their Greed jumps in ( call-warrant).
lol. KPS management by lousy management. Simply buy other company at premium price. The biggest joke is acquisition of King Koil. King Koil going to be a drag to KPS. Toyoplas and CPI also game over as demand of household appliances drop significantly and cost increasing.
Taliworks 4Q22 QoQ increased by 68%. The bulk of the profits came from Water Treatment. With heavy Rain last few months, KPS water Treatment Chemical will earn massive profit. Expect 3sens Dividend for 4Qr
https://www.malaysiakini.com/news/656011 _____________________ Now Federal Gov wants to built Water treatment for Selangor. Two coming Ground Water from Mining pond already need 200---300mil Chemical for water treatment. Seriously KPS will get 500--600mil per year from Selling Chemical alone. I think "someone" will take KPS private to keep All the profit for themselve. So easy to take KPS private. Gov already owned 47% of ( 537mil Nosh). Sapu another firstname.lastname@example.org and then openly declare privatisation with 50mil left in market
SinGor fool, go look into the detail of the P&L statement, KPS register a OPERATING LOSS OF 69million !! NEt profit mainly due to a one off disposal gain of SPRINT for RM131 mil. Next Quarter no more one off gain, result will be very terrible ! Tomorrow ur last chance to run for life.
While its true that there will not be one off gain, but the acquisition of MDL will be taken into consideration. The price movement these few weeks have already reflected its consideration for the disposal. Might see a drop tomorrow, then next catalyst will be based on MDL. Checked SSM information for MDL, seems promising with the acquisition PE well below SPFTech/UWC with PG included.
Meanwhile at the same time gov to retender Rasau project as per announcement in parliament, another newly opened door for KPS.
If KPS bid for 3 billion Flood Mitigation project, KPS has to get another partner. Protasco Bhd( HCM) is a small BHD. KPS has the financial strength but Protasco (no way ). IJM Bhd is a very strong Partner. No MOF vetting required. With PKR state Election( Selangor) coming, job distribution to PKR contractors is a MUST scenario i
KUMPULAN PERANGSANG SELANGOR BERHAD (Registration No. 197501002218 / 23737-K) (Incorporated in Malaysia) ANNOUNCEMENT MEMORANDUM OF UNDERSTANDING ENTERED BETWEEN KUMPULAN PERANGSANG SELANGOR BERHAD, WORLDWIDE HOLDINGS BERHAD, DYNAC SDN BHD AND MAJULIA SDN BHD 1. INTRODUCTION Pursuant to Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of the Company (“Board”) wishes to announce that Kumpulan Perangsang Selangor Berhad, (“KPS Berhad” or “Company”) had on 10 March 2023 entered into a Memorandum of Understanding (“MOU”) with WORLDWIDE HOLDINGS BERHAD (“WHB”) DYNAC SDN BHD (“DYNAC”) and MAJULIA SDN BHD (“MAJULIA”) (WHB, DYNAC and MAJULIA, collectively referred to as “Consortium”) to explore the possibility of negotiating and entering into a long-term corporate green power agreement (“CGPA”) between KPS Berhad and its participating subsidiaries as the off-taker and Consortium via a special purpose vehicle of the Consortium (“SPV”) as the provider (“Collaboration”). The subsidiaries that will be participating with KPS Berhad in the CGPA are CPI (Penang) Sdn Bhd, Taspack Industrial Sdn Bhd, Prestige Packages Sdn Bhd and Toyoplas Manufacturing (Malaysia) Sdn Bhd. (KPS and its participating subsidiaries are collectively referred to as the KPS Berhad Selected Group”). The Consortium is currently participating in the corporate green power programme (“CGPP”) under the Energy Commission of Malaysia (“Energy Commission “) by submitting a solar power plant application to Energy Commission.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by speakup > 2022-12-05 18:21 | Report Abuse
roger3210, your report card out. U got "F"