As at Dec 2016, Splash's book value is RM3 billion. We're not even pressing for inclusion of the remaining 14 years of Splash's concession. In my opinion, this is already a huge discount," he added.
By right the offer should be even higher than RM3billion given the remaining 14yrs concession.
Arwin doesn't know that Kps par value is RM1....the time when he saw 90c is when i pushed very near 1.0......2-3days flash below 1.0 (0.90) was sold by panic contra players......hahaha now I tell arwin-----so sorry smashed your dream
roger...who claim he knows every big shots in the state Dept ----told everybody-- Puncak deal is Dead---suddenly Muhiyddin signed the deal (roger suddenly disappear bcoz he claim he is Oracle and All knowing---hahaha
As for Kps, he told me and Jolie2 it will go down to Rm1-----anyway i follows his "advise" buying 1000 shares each time from 1.50 down to 1.00 (anyway daily trading vol was only 3000---7000 daily----do you know, roger?? just talk talk only----fighting with hng33 daily is your favourite pastime )
Kps value is like buying a dollar for 50 cents. Where can find this type of company left in bursa.... A real hidden gem that have not been discover yet.
No news come out from putrajaya or state government site . Guess the deal will done after due date . Or maybe another round of delay . This kps will not following the bull market . It more depend on the news . Without news it price won't move and will drop drop drop ...
Honestly I bet this kps will move to highest level when the NRW project is award . We all knew the splash is offer ard 0.9 to 1.0 x bv . Congratulations for those whi already bought in this share . And pity those who miss out the boat .
sold off and realised profit first....waiting for good news announced just buy in....otherwise the risk for going downtrend is increased as no news = no deal yet...
lai63: 30% of assumed value of 3B will be in the range of RM900m, which is around RM1.8 per share for KPS and this is not including yet its other businesses. So if this deals go through, it will be a jackpot for KPS
But keep your fingers crossed, still no news yet. KPS might drop to Arvin's level too based on last 2 quarters result...
Thanks for the article. KPS is a good company with super high growth prospect indeed. Deserve a re-rate on share price. I've been holding since mid of 2016. I'll add more today later!
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Posted by mhchai > 2017-03-17 14:41 | Report Abuse
http://www.nst.com.my/news/2017/03/221726/after-9-year-restructuring-impasse-splash-sees-light-end-tunnel