Sadly NO-ONE hailed you with your comments of " Will limit down soon ; More downtrend coming..Blah blah..blah...
Since you think you know so much about this counter, why don't you quickly sell all and leave us in the peace of our mind? Remember: Nagging won't do anything good.
The Langat 2 Water Supply Project is part of the Pahang-Selangor Raw Water Transfer Scheme (PSRWT) implemented by the Ministry of Energy, Green Technology and Water (KeTTHA). The raw water will be transferred to Langat 2 from Sungai Semantan, Pahang through a transfer tunnel, where the water will be treated and distributed to the Klang Valley. It is a major water supply project for the states of Selangor, Federal Territories of Kuala Lumpur and Putrajaya, envisaged to provide sufficient treated water to these states. http://www.salcon.com.my/project/langat-2-water-treatment-plant-selangor http://langat2.com/project-layout-plan/
Barring any further hiccups, this project should have been near completion by now. “The Langat 2 water treatment plant project is expected to be completed in October 2017, said Pengurusan Aset Air Berhad (PAAB), chief executive officer Datuk Ahmad Faizal Abdul Rahman. http://m.thesundaily.my/node/381609
As such, any further delay on the part of either the Fed or State Govt in concluding the SPLASH’s deal will mean that: - 1) Fed will incur a huge cost in servicing the debt of funding this project (estimated at RM6.225b). http://www.ssig.gov.my/blog/2012/08/01/langat-2-water-treatment-plant-project-cost-rm6-225-billion/; 2) Every year delay means the Selangor Govt loses RM300m in lost profits; 3) Besides, the delay in the implementation of the new pipeline's network will result in continuous over-loading of the existing old pipes causing them to burst regularly. This is severely affecting the people. Many are suffering as a result of being deprived of a consistent supply of clean water;
Hence, this cannot go on forever and both Governments have to complete the SPLASH deal asap in order for Langat 2 to move forward..
Pendek kata, “Politik mesti diketepikan manakala kepentingan rakyat harus diutamakan”!!!
STATE GOVT MOVING CLOSER TO A DEAL WITH FED!!! Yesterday, KPS opened with a slight gap-up of 1sen at 1.41. In the 2nd half, it successfully broke through the resistance of 1.42 before closing firmly at 1.43. Technical Indicators: - 1) STOCHASTIC(%K) - Indicates a 'BUY' signal. 2) MACD - Moving up towards the zero line & positive zone. Uptrend signal. 3) RESISTANCE - (i) R1 = 1.47; (ii) R2 = 1.52; 4) SUPPORT - (i) S1 = 1.41; (ii) S2 = 1.38; Can the bulls continue to push up and breach the resistance at 1.47 and beyond? Let's see how it pans out today.....
Pendek-kata, Azmin memang sudah menfaktorkan sumbangan SPLASH kedalam bajet ini. Bijak betul MB ini :))) Laporan mengatakan bahawa Kerajaan Selangor telah memperuntukkan bajet yang amat besar, iaitu RM500.2juta demi "Menjamin Kelangsungan Bekalan Air". Jumlah ini dibahagikan seperti berikut: - 1) RM251.5 juta utk "Pembangunan Projek Bekalan Air"; 2) RM248.7 juta utk "Kerja2x Penggantian Paip Oleh Air Selangor"; Namun demikian, kebanyakkan projek2x baru ini pasti akan disalurkan kpd KPS. Justerunya, keuntungan yang akan diperolehi drp SPLASH dan projek2x baru ini pasti meningkatkan lagi pendapatan KPS pada keseluruhannya. Super Blue Chip in the making!!! :) :) :)
good! continue to profit from water business. After election of GE 14 then if BN wins pays a big price. If PH wins also a big price. If status quo then continue to profit from water business. hahaha win all the way.
It is obvious that the deadline has to be extended as the Oct 5th deadline has since expired. This does not mean that the deal cannot be done by tomorrow. The acquisition process may take some time to complete. It has to be done by hook or by crook as agreed in the master agreement. Hence, Azmin's reply in the State Assembly cannot be construed as negative. As long as both the Fed & State Govt are still talking, the deal is very much alive. The immediate catalyst will be this coming Q3 results by end of November. EPS is estimated to be around 7sen or an estimated annualized EPS of between 22 to 25sen. Based on a PER of 10x, the share is worth about RM2.20 to RM2.50.
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....
keyin
2,150 posts
Posted by keyin > 2017-10-18 11:08 | Report Abuse
You mai mai see . Will limit down soon