Posted by rogers123 > 2017-09-19 21:02 | Report Abuse

Yesterday up may be due to the important announcement made by NJIB at 4.45pm. But suddenly.....thing went wrong

Posted by rogers123 > 2017-09-19 21:03 | Report Abuse

So today they dumped back to market

Posted by husky88 > 2017-09-19 21:03 | Report Abuse

This also relate with kps?

Posted by 55880955 > 2017-09-19 21:41 | Report Abuse

roger, you are right. Everybody in this forum know nothing except you.
since you know everything, able you able to share with us what you know.

Posted by thenextwave > 2017-09-19 22:13 | Report Abuse

tomorrow open gap down.

Posted by husky88 > 2017-09-19 22:38 | Report Abuse

New mb is who?

Posted by keyin > 2017-09-19 22:56 | Report Abuse

http://www.malaysia-today.net/did-splash-paid-themselves-a-bumper-dividend-of-rm2-63-billion-in-2016/

Posted by yeekarwai 95 > 2017-09-20 16:26 | Report Abuse

aiyo,what happen

Posted by keyin > 2017-09-20 17:47 | Report Abuse

Mb chair goyang, no mood to care splash deal.

Posted by yeekarwai 95 > 2017-09-21 16:52 | Report Abuse

last week up 11sen or 8.46%
this week up 5sen or 3.55%
not bad lo

Posted by husky88 > 2017-09-21 17:21 | Report Abuse

If the deal fail, waiting limit down lol

Posted by keyin > 2017-09-22 13:15 | Report Abuse

https://themalaysianreserve.com/2017/09/12/govt-pressures-selangor-end-splash-limbo/

Posted by amsterdam > 2017-09-22 13:29 | Report Abuse

the deal will fall again , and again, and again......

Posted by keyin > 2017-09-22 15:38 | Report Abuse

Yalor, because keadilan no stronger and like katak . That why they will lost Selangor in next election

Posted by husky88 > 2017-09-24 11:47 | Report Abuse

In March, Energy, Green Technology and Water Minister Datuk Seri Maximus Ongkili said the federal government has the option to take over Splash under the Water Services Industry Act if the state government fails to resolve issues with Splash by Oct 7.

Posted by Wiwangwang > 2017-09-25 09:12 | Report Abuse

Sure is win win deal . State government anytime can change become umno Goverment . This time sure done deal . Just wait for the wind fall durian . Huart laaa

Posted by ks5S > 2017-09-25 11:06 | Report Abuse

roger is wrong. He don't know anything.
Kps will break 1.50 again and move towards 1.60 soon.

Posted by ks5S > 2017-09-25 11:31 | Report Abuse

roger's tips.... new mb ???
no head , no tail one his tips. Only hanging in the air.

Posted by ks5S > 2017-09-25 11:35 | Report Abuse

will see a shooting star later like hibiscus.
buy before too late.

Posted by WM Niaga > 2017-09-25 11:37 | Report Abuse

Ok bro KS. Tq

Posted by yeekarwai 95 > 2017-09-25 11:43 | Report Abuse

sure bo

Posted by ks5S > 2017-09-25 11:46 | Report Abuse

expect the unexpected.

Posted by ks5S > 2017-09-25 11:49 | Report Abuse

this counter already mark-up by shark.
anytime they will launch the shooting star.

Posted by goodguess > 2017-09-25 12:12 | Report Abuse

roger is an expert in Jaks. He will buy more because now Jaks is at 1.28.

Posted by husky88 > 2017-09-25 15:15 | Report Abuse

Why mb selangor until now no talk anything about spalsh

Posted by ks5S > 2017-09-26 09:34 | Report Abuse

correct.
is a done deal. Sitting at the beach to see the shooting star

Posted by yeekarwai 95 > 2017-09-26 10:34 | Report Abuse

two week left only,time is going.

Posted by rogers123 > 2017-09-26 11:27 | Report Abuse

Will drag after Election

Posted by luiws123 > 2017-09-26 14:57 | Report Abuse

I don't see the rationale if Najib has no money to pay for the MRT project, why he is willing to buy the SPlash at 1X and give Gamuda 1 billion of cash?

Posted by keyin > 2017-09-27 10:16 | Report Abuse

Still no see any momentum

Posted by yeekarwai 95 > 2017-09-27 13:23 | Report Abuse

one and half week only!

Posted by rogers123 > 2017-09-27 14:04 | Report Abuse

I hope tat the deal is failed again

Posted by Mohd Fahmi Bin Jaes > 2017-09-27 14:06 | Report Abuse

FBM KLCI 1,763.52 -2.07 0.12%

Posted by rogers123 > 2017-09-27 14:08 | Report Abuse

Let pray the deal cant get through

Posted by yeekarwai 95 > 2017-09-27 15:04 | Report Abuse

not good to curse!

Posted by goodguess > 2017-09-27 15:35 | Report Abuse

Looks like roger hope and pray for deal not to go through. It means he doesn't have any reliable news. roger, Buy some lah then you can hope for deal go through. It's more positive. make money together better than wishing others failure. ;-))

Posted by keyin > 2017-09-27 19:22 | Report Abuse

There seems to be no end in sight to the water deadlock in Selangor.

Negotiations have been going on for more than eight years between the Selangor government, the federal government and Syarikat Pengeluar Air Selangor Sdn Bhd (Splash).

Several near-solutions have come and gone and deadlines have been extended, but a solution seems nowhere in sight.

The Oct 5 deadline is approaching and the Energy, Green Technology & Water Ministry has insisted that Selangor make an offer to Splash and agree on a price tag. The federal government (through Pengurusan Aset Air Bhd or PAAB), has offered to split the bill 60:40 with Selangor.

But can’t the federal government step up, make an offer, pay the amount, and claim the 40% from Selangor later?

Or if the Oct 5 deadline lapses, should the federal government finally invoke the Water Services Industry Act 2006 (Wasia) option of a forced takeover? The Act allows the federal government to take over a concessionaire’s licence if it is of national interest.

But the federal government seems reluctant to invoke Wasia as the acquisition of Splash by the state government has not been completed. Splash is currently valued at some RM2.8-3.2 bil, although the actual figure is debatable.

Splash’s shareholders are Gamuda Bhd (40%), Sweet Water SPV Sdn Bhd (30%) which is the private vehicle of Tan Sri Wan Azmi Wan Hamzah, and Selangor’s Kumpulan Perangsang Selangor Bhd’s Viable Chip Sdn Bhd (30%).

The state’s Menteri Besar Inc has a golden share in Splash, which makes money from the water concession.

The federal government cannot afford a total breakdown in negotiations. PAAB, which is tasked with managing the country’s water assets, has a RM6.1 bil debt (as of end-FY15) taken out to fund the purchase, and it will have to depend on the finance ministry to fulfil its repayment obligations if the deal does not happen. PAAB’s ability to continue as a going concern will, to an extent, depend on whether it gets the stake in Splash.

While all this is going on, Selangor residents are the ones who suffer from water shortage due to no fault of theirs. Both the federal and state governments should stop holding the 1.6 million Selangor residents hostage and resolve the deadlock as soon as possible.

Posted by keyin > 2017-09-27 19:35 | Report Abuse

Force take over will happen?

Posted by ks5S > 2017-09-27 20:23 | Report Abuse

as stated very clearly , fed cannot force to take over if selangor govt have not make an offer to splash

if selangor govt make an offer, but splash reject it, then it is different case. Fed can start the force takeover.
but if fed force to takeover splash without any prior offer made, then the Fed will be accused of robbing other people asset. This will be bad for the bond market bcos splash have many bondholders.

Therefore, i think selangor govt will still make a 1x book value offer to splash so that nobody accused them of not being fair . This 1x book value is a standard value given by other states also when there take over the water player.

Posted by keyin > 2017-09-27 20:34 | Report Abuse

Is like this, why mb Selangor still hiding himself until now no sound

Posted by Despacito > 2017-09-27 23:42 | Report Abuse

Sunyi2x collecting mar..kikiki

Posted by keyin > 2017-09-28 15:44 | Report Abuse

So less vol, also can said sunyi2 collect. Laugh die me

Posted by yeekarwai 95 > 2017-09-28 20:41 | Report Abuse

One week left.

Posted by husky88 > 2017-10-01 14:42 | Report Abuse

Countdown to crash

Posted by keyin > 2017-10-02 12:38 | Report Abuse

Haha. No vol

Posted by Wiwangwang > 2017-10-02 13:43 | Report Abuse

No volume mean semua orang yakin ini kali lah . Just wait the due date . Guess this time is mesti jadi lah . Wish everyone here good luck .

Posted by chinaman > 2017-10-02 13:56 | Report Abuse

if tak jadi, means azmin is a pondan. 8 years waiting in vain for water restructuring

Posted by rogers123 > 2017-10-02 16:01 | Report Abuse

Will fail again

Posted by windcloud > 2017-10-02 16:06 | Report Abuse

with or without splash deal, current PE ratio is low due to recent qtr results are doing good, to me TP is around 1.80 using recent EPS, if Splash deal is done once announced on this 5th Oct, then price will be rocket fly on this Friday.

At this price, should be a good bet, just 2 cent view.

Posted by rogers123 > 2017-10-02 16:16 | Report Abuse

Delay is the best outcome for splash