Election coming. 3 scenerios- 1- Azmin use part of 3 billions surplus for water closure or risk all funds in BN's hand. 2- Both parties wait and don't do anything. Then will have to wait for election. waiting period. 6 months? 3- After election BN wins. Then Kps go back to BN era of 3.50/share. If PKR wins selangor- then issue will still be settle by excuse of subsidizing purchase with reasonable water hike as cost has gone up and so that people value the value of water without wasting it. All 3 points to the fact that KPS is undervalue.Buy more now when price is still low.
Invest in kps is 0 risk . Just wait for the wind fall durian . Guess the good quarterly result is coming out soon . Some more 4.25 cent dividend also coming .
KPS has formed a symmetrical triangle since its initial breakout on 16/3/17. Expect the price to breakout again anytime from now in anticipation of some solid results from Century Bond.
Will John Cena buy this stock ? The latest announcement from Bank Negara Malaysia on the economic performance of Malaysia in 1st Quarter of 2017 had definitely took many with shock as GDP is recorded at 5.6%, which is way above the expectation of many, including analyst. The growth is very attributable with manufacturing and exports of E&E related goods. There is no doubt that a lot of Malaysian company that are focused in export market are seeing turnaround in their company, while many of them are reaping huge profits during this period of time as well. Since the export market is so good, then we will definitely need to look at the segment which are inter related with the export market, and preferably the supply chain of the export market. When we talk about export, we will talk about logistic, and it will then go down to packaging and warehousing. For logistic, I believe this theme had been looked into for the past 2 months, as we had see how share price of Gdex, Century and Complet had risen. As for me, I think there would still be hidden gems laying around in the packaging industry. In fact, the packaging industry had been hotly targeted for the past 1 year. We had seen the take over and privatization of Century Bond, the take over offer of Denko (food packaging). This is just to name a few, and there are a few more out there which I will let you to do your own homework in researching those out.
better sell fast before the quarter result announced . i heard quarter result no good. Debt impairment serious loss. price can go down below 1.40 soon.
Kumpulan Perangsang Selangor Berhad newly-acquired businesses spur 300% revenue jump  CBB and King Koil® make up 63.0% of 1Q17 revenue  Group EBITDA1 improves to RM28.4 million from core EBITDA of RM23.7 million previously
Kuala Lumpur, Malaysia, 31 May 2017 – Diversified group Kumpulan Perangsang Selangor Berhad (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) group revenue in the first quarter ended 31 March 2017 (1Q17) jumped 300.0% to RM76.8 million from RM19.2 million a year ago, on strong contributions from its newly-acquired businesses of Century Bond Bhd (CBB) and King Koil® Licensing Company Inc., (King Koil®).
Cement packaging provider CBB and global mattress brand King Koil® reported sales of RM39.6 million and RM8.8 million respectively, making up 63.0% of 1Q17 group revenue.
Also, the Group’s water-related trading business Aqua-Flo Sdn Bhd (Aqua-Flo) posted 66.9% higher revenue of RM25.2 million versus RM15.1 million in the preceding year corresponding quarter (1Q16) as it fulfilled its water chemical supply contracts to Pengurusan Air Selangor Sdn Bhd Group.
The balance RM3.2 million revenue was derived from the Group’s investment holding and property investment.
KPS’ core earnings before interest, tax, depreciation and amortization (EBITDA) improved to RM28.4 million in 1Q17 compared to core EBITDA of RM23.7 million (excluding gain of RM97.5 million on assets held for disposal) in 1Q16. The RM4.7 million or 19.8% improvement in the EBITDA performance is largely due to contributions from CBB and King Koil®.
KPS Chief Executive Officer Encik Ahmad Fariz Hassan said: “Our strategy in the current financial year ending 31 December 2017 (FY2017) is to build up our core businesses to contribute positively and incrementally by implementing revenue-accretive plans and optimising costs. While our subsidiaries have made a good start, we will continue to focus on delivering on existing contracts and tendering for new orders in FY2017. We look forward to greater contributions when our growth plans bear fruit.”
Share of profit of associates dipped to RM23.7 million in 1Q17 from RM32.8 million in 1Q16, which led to 1Q17 profit before tax (PBT) of RM22.3 million, versus core PBT of RM21.9 million in 1Q16. Correspondingly, the group net profit attributable to shareholders stood at RM20.2 million in1Q17, from core net profit of RM18.9 million in 1Q16.
KPS’ trading business under Aqua-Flo has outstanding order book of water chemical supply contracts worth approximately RM56.0 million
1Q17 profit of RM21.2m is lower than last year even after taking out the one off gain in 1Q16. Profit for 1Q16 would have been ~RM26m if we exclude the RM91m gain from disposal of Templar land to SP Setia.
Quite disappointed with management on the King Koil business. KPS paid RM116m (for 60% stake) and the business only managed to contribute RM0.5m to the group. They could have used the money better like paying shareholders more dividend....
If we take out Splash contribution (of which the group is expected to dispose off), the result would have been negative...Hopefully when the disposal happens, they will be more cautious on how they will used the money...
Yes .. consider is a good result for kps . Waiting for the dividend and also the splash deal . Guess it can hold the recent price until the deal done . Just wait for it . Huart la .. Tomorrow sure back to 1.50 level .
I don't know about King Koil biz cycle.....give another 2Q to verify whether Kps bought a lemon... However I know Kian Joo's Directors where KingKoil was bought.....second to none in Bursa best Corporations....very professional but stingy (15 years biz with plastic and packaging Division)
some ppl (high ranking ppl) bot this counter .... isbcos the superb prospect, TP=RM8, after discount RM4 ..... in the situation now, hope come a Tan Sri to encourage the ppl here!
I dah bincang dgn Tan Sri yang berkaitan tu. Minggu depan, beliau akan mula goreng naik kaw2x. Pit-stop pertama = 2.50 (sebelum Raya). Pit-stop kedua = 4.00 (sebelum dividend). Finishing line = 8.00 (Splash!). BUY BUY BUY!!!
Bukan Menteri Besar/Kecil Selangor...ia cuma makan gaji aje.Takda omph! Tan Sri yang gua bilang ini ada backing institusi2x kewangan yang kuat dan mempunyai kepentingan yang amat besar dalam KPS :-)
fahmi cakap manyak betul ini kali . Bulan puasa dia talak tipu punya. saya percaya sama dia. Esok saya beli 1000 lots untuk sokong dia, Tapi saya takut lepas beli , dia shout " SELL, SELL, SELL "
Banyak orang komplen Mohd Fahmi tak tau cakap. Cuma tau sell saja.
Posted by Mohd Fahmi Bin Jais > Jun 3, 2017 12:43 PM | Report Abuse I dah bincang dgn Tan Sri yang berkaitan tu. Minggu depan, beliau akan mula goreng naik kaw2x. Pit-stop pertama = 2.50 (sebelum Raya). Pit-stop kedua = 4.00 (sebelum dividend). Finishing line = 8.00 (Splash!). BUY BUY BUY!!!
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....
firehawk
4,783 posts
Posted by firehawk > 2017-05-18 17:51 | Report Abuse
too long time not review this counter ... can't remember exactly! whatever ... dun think even Oct can conclude the deal!