After Election, New MB will quickly settled Splash Deal basically to Kill Gamuda lawsuit......If Fed is controlled by Najib and Selangor is still under Pakatan after Ge14, Gamuda lawsuit is very potent bcoz got Fed backing
"World Water Day has triggered a flurry of reports on a commodity that could make you money in the long term."
"There are different ways to invest in water, starting with simply buying the shares of those companies that make everything from pipes, pumps, meters, filters and other equipment and infrastructure, to investments in the water utilities and environmental-services companies that clean, purify and distribute it."
If Roger don't want to Buy at 1.70....Can buy at 4.0 from me later.
Gamuda lawsuit, 4.21B are none others But account receivable, accrued interest( due to Taliworks --500millions) and others-----more like asking The Courts to collect back Debts ( Why lawsuit after declared Election Date------hahaha )
Anyway, Kps portion is 1.2B (lawsuit)----minus Taliworks Debts & others.....maybe around 1.0B
Splash asset is around 800m--1.0B......So All in, If Najib wants to Control Selangor Water asset Splash's Kps portion is worth 1.8B--2.0B------Around RM4.0/share
Azmin had stated in Dewan Rakyat before that State cannot afford Syabas Debt so Splash had to be acquired to absorb Syabas Debt
With this Lawsuit, I am sure Gamuda will Not let Splash "GO" anything Less than 3.2B----- KPS portion will be 960million------around RM 1.92 / Share
In normal Biz untang (5-6years), you will never get accrued interest back. You are lucky to get back 70% Cost. But in Court settlement, you are guarantee to get back Cost + accrued interest. How long did Syabas owed Splash----maybe 10year plus.
For sure Splash is going to settle fast after Ge14, or else Langat 2 water is FREE for Selangor Folks.......Azmin refused to pay even current existing rate.......what about New Water Rate from Langat 2
Don't End in One sentence like Roger....Tell me what you know about KPS and your TARGET price. Atleast show me what you are know and How many times you have attended KPS AGM
Do you know who is the REAL owner of FF???? They come from the Caribbean/Labuan.......Even Mahathir Son ( previous 10% holder of SAPNRG) money comes from a Caribbean Company...... I already know you know nothing bcoz you didn't attend Lim Kit Siang meeting----thanks for some cheap talk
JJchan: Wahhh!! U r so expert... Plz tell me wat stock u predicted is accurate? 1. Jaks 1.20++ gone up until 1.80++ -U gave a sell call and told me will fall below 1 n u knew it from Jaks boss while playing golf with him. Luckily i didn't sell. 2. Kps 1.65++ fall down to 1.10++ - U gave a buy call and told us that the syndicate is shaking the monkey from the tree. If i follow ur call, i will loss like hell.
Why Roger want to follow me------Your GrandMaster hng33 will be very upset. Most of my shares are 10-15-20 years Old ( Not suitable for Frog )
Shah Alam Properties (kps) were bought at very discount price 30cents (par value 50cents second board) A goreng stock going Bankrupt but restructured by Selangor Gov (gained 60% more shares........2nd round goreng by one Datuk K who wants to combine Taliworks + Kps + Selangor water asset = RM 7.00 (blue Chip) However former MB Khalib Ibrahim don't like "this Datuk" and things fell apart........
JJchan, Century Bond is a box plant not a paper mill. They don't have the power to call for paper price increase but suffer from buying at higher price.
corrugated medium for box( laminate paper and corrugated medium) are very competitive material. Can easily source in Asean region (if local manufacturer wants to increase price) but all asean manufacturers got to compete with China for "scrap" carton box.....now No more.
I have a quotation for 1750metre tonne of scarp carton box from Australia on my table. Price already dropped 50%------It is Not scrap cartons cannot get inside China, i can move thru Vietnam but transportation cost cuts into margin too much.
I have a quotation for 1750metre tonne of scarp carton box from Australia on my table. Price already dropped 50%. <-- JJchan took wrong medicine again and Bul Sit Alot. He assume himself as a boss who always play golf with jaks director
I don't even know Jaks Director but if you have his mobile # pls feel free to pass to me.? I have China Dolls caddy why want to play Golf with some Old man.
I know why Roger is angry......bcoz he try Con ppl in Sapnry that he Shorting.....how can he short-- Bursa didn't Approve Shorting by Retailer?????
From Tong's Value Investing Portfolios, The company’s controlling shareholder has a strong OCC sourcing network in the US and plans to build a plant (together with Nine Dragons) to process low grade OCC into pulp that can be shipped back to China. The latter will bypass China’s import quota for OCC.
Najib cannot just take Splash and paid nothing. 40% of Splash belong Gamuda and Gamuda actually belong to PNB, Kwap, EPF----yayasan2 etc. Gamuda original Chinese Ceo just owned 2%( didn't update yet). Last check on Gamuda revealed its financial position esp. cash flow is Not good even before taking 28B MRT project.... With so many financial constraints, how Najib is going to pump money into Gamuda to keep MRT project going ?
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JJchan
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Posted by JJchan > 2018-04-20 13:38 | Report Abuse
After Election, New MB will quickly settled Splash Deal basically to Kill Gamuda lawsuit......If Fed
is controlled by Najib and Selangor is still under Pakatan after Ge14, Gamuda lawsuit is very potent
bcoz got Fed backing