Look at the volume, it's so small. This is a plan to bring price down then push up again. Just buy and keep since it is almost at it's tail end. It will go to 2.00 when they want to push up again. Historically that's how kps works.
after is cash band deal in 21working days... end of this month or early 2016... 2013 valuation and 2015 diff... compensation is higher......lets wait....
I believed highly possible KPS to drop below 1. I run thru the 2014 AR and generally the revenue as below.
Infrastructure & Utilities - 220.77M - Abbass Hospitality, Golf Club & Recreational - 26.36M - Golf club close, hotel close for renovation. Trading - 55.02M Investment Holding -11.88M In total 2014 revenue is 314.04M
With the selling of Abbass & closing of hospitality, it taken off 246M out of the 314M. It is almost 80% of the revenue. Selling abbas will only give KPS another 75M. and hence next Q revenue will be 143M but this is 1 off. Once abbass sold, the only valuable asset is sprint & splash while the rest investment is not well know. Will KPS able to find another golden goose? I believed it is tough. There is no business that can give kps such as good margin. it does pare down the debt but it lost its high profit income. Also, banking on the 30% equity they have on splash is too far fetch. Selangor government offering 1.8B but stakeholder claim it is 3B. It will take long before it can reach agreement. Even if that succeed, it will turn into cash rich company but with no business. Will kps face the same destiny as puncak. Just my opinion base on quick glance on the AR. Maybe there are many flaws in the assumption.
yes. it just a quick glance on the AR. The concern will be Quarterly earning will be low for many months to come and it will be challenge to fill up the gap.
Klci reach 3000 this kps also won't move if without any news . It will shoot up when the news coming out . Guess kps will go below this rm1 this week .
Haha this kps suppose will make more profit than last year . How know dispose a loss making company . Then make a 40+million of loss . Haha kps is time to go down to 90cent .
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....
jjchan
7,182 posts
Posted by jjchan > 2015-12-07 11:23 | Report Abuse
Sell RGB for 1.5 cent profit --Trap Roger inside