Water is a well planned political Dagger for Ge14.(azmin is now trapped).....Fed delay, delay until election period ( now you see the True Ongkili coming out )
Sabah is now 50-50%. BN.......Sarawak is the real Putrajaya King Maker......If BN losses a big chunk of West Malaysia, Sarawak can switch side (sarawak wants O&G,Timbers and Minerals Rights-----really Don't care about BN or Harapan )
Regardless what Ongkili said, After Election Splash Deal got to be completed immediately....... It All boils down to Water Rate.....Paab is dying.....Langat 2 cannot give FREE water to Selangor..... Bcoz it is a normal practise in Gov Glc, State can get away with "murder"----not paying at All
If Najib wins Selangor and PutraJaya, Splash Deal can be completed even Faster. Bcoz pipe replacement Biz in Selangor is somewhere around 10billions......Latest complaint from Small Bumi Contractors are most of them are Out of work for the last 6 months......Najib got to look for Jobs
I just gained contra gain from hengyuan more than 20% tat day. Hahaha. I told u before, this year n last year r my lucky year, bought wat also up alot.
Regardless what Paab got to acquire Splash.....( Paab has the capacity to finance another 40b ) Fed is really afraid Selangor might be self-sufficient by building More Water retention Dams (also don't want Azmin to use Selangor reserved Cash) When Selangor is self sufficient in water consumption, who is going to use Langat2 water( or paid over price water rate from Paab)
When you read the above Malaysiakini report, you will feel how desperate is Ongkili and Co
even without their 30% stake in splash, KPS is already doing pretty well with good purchases recently and still relatively low gearing of below 0.2. It owns Cenbond, recently purchased CPI Penang (which has solid long-term plans), and the majority stake in Kingcoil. In fact most of KPS businesses are angmoh and chinaman companies. KPS operational cashflow will only get stronger this year once CPI data is included. Without even including the 30% Splash thing, KPS is already worth its price today so dear mr sei sozai Roger, please read more and do your research before you talk gibberish here. If not, I will have to call mata to lock you up in a mental hospital for the good of society before you end up going mental. TQ.
U r still the monkey hanging on rambutan tree with no rambutan. Hahaha. Pity u loss alot in kps at average of 1.50++. If i buy now, i can easily earn 20% when it is 1.50 at ur avearrage cost
Guys, please don’t fight. Let’s concentrate on KPS fundamentals. Dividend will be declared in April. Anyone wants to take a guess how many cents dividend will be declared?
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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....
JJchan
7,182 posts
Posted by JJchan > 2018-03-13 07:13 | Report Abuse
There are only 2 possible Outcome from this Ge14. 1) Hung Parliament (50-50%) 2) Malay Tsunami.
If it is Malay Tsunami, Bursa will Enter Super Bull phase----just like Philippines when Duterte Won.
I am quite Sure Kps can get Rid of Splash......With only 500million, 60% held by Selangor Gov.,
Kps can easily Fly to 2.50