Opps sorry.. the master agreement is conclude one year later . . From kahlid to azmin . So delays another three month is normal . I saw many con kaki here . Keep on ask ppl buy buy buy .. now hng33 .. wiwangwang is join my side .. waiting for this kps drop back to low price ..
This will Not be a Fair Deal ( All those assets price i went thru one year ago doesn't applied bcoz this is a robbery ) Even Azmin doesn't want to let us know what the private valuation numbers are (just completed and i have some hints)
The market just look at Cash received Only (don't believe me just watch---not many days left)
Selangor Gov. offer for Splash ( 2.8B or 1.5B ) Gamuda will have EGM or straight reject... I think 90% Selangor Gov(Azmin) will Buy-Out TanSri WanAzmi Wan Hamzah shares so Azmin will control 60% of Splash---End Story-----How much will KPS get???? Based on 1.5B share between Sweet Water and KPS---each will receive 750m-----RM1.50/share for KPS (keeping finger Cross + a Big pillow tonite )
Ans : 2.8 billion sounds better than Splash is sold for 250 million which is not back up with facts and figures. It is a good news for both Gamuda and KPS. Thank you for this good information.
these who sold earlier will have high blood pressure watching the share price continue move up. and take boleh lagi tahan until the brain can explode.... hahahahah
i don't think the govt(state or fed) will use WASIA on this issue. bcos it would not make very pleasing reading in the international press. Foreign investment houses already do not like what is going on. Msia has always defended its position as a fair business destination.
I think most people thought i am promoting kps but i am not......I am rather quite disappointed with this whole water restructuring project---still made paperloss on Puncak (although not many shares) after spending 18months on this stock...... The only different is Kps is at its lowest price when "offer" is announced (maybe i will make some money this time) Don't bully "Arvin6", he was here many months hoping to get a good deal........many have left bcoz they get a really bad deal from Puncak
I think the deal would not materialize if the offer is at 1.5b. Gamuda and TSWA would not accept and hold out for a higher offer. Meanwhile KPS would be silly to accept and take at huge lost on divestment while selling their jewel in the crown. KPS would be not a fundamentally strong company if they had sold their Splash portion for just 500m
3rd party independent valuation will give 1x book value. It is a fair deal similar with all states taken over by PAAB. Nothing can deviate from the accounting valuation unless it is political driven in which the foreign investor is monitoring on it.
this wasia is created by the late Lim Keng Yaik. He died, WASIA also died. So they won't be any WASIA for this splash deal. Just to scare all the ikan bilis to sell cheap only.
Yes maybe I'm sohai .. I bought this kps ard 9xcent that why I say wait for 9xcent . Steve maybe u buy at highest price and the share price not moving . I can understand your feeling .
What a pity loser . If today no news to come out . This kps style it will back to 1.1x level . If delays again bye bye everyone kps will back to 9xcent level or lowest than 9x cent .
I don't think the water deal offer price is decided by Azimin alone.There must be a panel of lawmaers to make the decision.The deadline is around the corner, but no news or rumour is in the market, the deal may not be able to finalize within the deadline. The deal may extend to other deadline k
i was at mrcb building shah alam yesterday close to perangsang building . Rumours from that area that the deal will have a good closure is very strong. 1x book value is very possible.
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Arvin6
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Posted by Arvin6 > 2016-09-29 19:37 | Report Abuse
Opps sorry.. the master agreement is conclude one year later . . From kahlid to azmin . So delays another three month is normal . I saw many con kaki here . Keep on ask ppl buy buy buy .. now hng33 .. wiwangwang is join my side .. waiting for this kps drop back to low price ..