At the current price of 1.56, its a healthy retracement of 33% from the high of 1.66 and 1.36. Time to accumulate again before the big boys come in to buy.
The management already predict Pakatan Harapan will win this time. That’s why they do a bonus issue to increase number of share for institutional fund manager to buy. Sure push up further to break 2.00 when epf join in.
The Big Canon Finance 29 mins · It’s time for Selangor Water related stock!
In our previous article that mentioned about election, we did mentioned that if Boss party manage to win back Selangor state, then the water issue will be solve. Even though BN didn’t win back but now PH had won the federal government, hence, water issue will be solved too!
Selangor MB had just mentioned that: Azmin to finalise Selangor water industry restructuring exercise https://www.nst.com.my/…/azmin-finalise-selangor-water-indu…
a. KPS: After winning the state back, they will definitely try to finish up the last piece of puzzle for water supply in Selangor. The last piece of puzzle of it is SPLASH where KPS have 30% shareholding in this company while GAMUDA has 40% shareholding.
The price tag for this company is around RM3b, hence KPS might get RM900m. The market cap for KPS now is RM664m, and total issued shares is 499m which make up to RM1.8 cash per share if they manage to sell SPLASH at RM3b. Source: Source:http://www.focusmalaysia.my/…/splash-takeover-unlikely-befo… https://www.thestar.com.my/…/…/25/splash-sale-in-the-offing/
b. Engtex: We are all well aware that the Non-revenue water issue is quite severe in Selangor which have been bothering for quite some time. We believe the new government could use this opportunity to “get it done” (if u know what we mean).
Mana kongkit2x yang senantiasa talk cock sebelum ni. Tunggu arrest bersama Ajib ke? Ikut saja lah nasihat Datuk Kong...sailang kaw2x. RM5 sap2x suay lah...
Selangor state is in very bad shape during BN rule. Now the fed and Selangor govt are best friends, more money will pour. Into development of selangor. Kps future very bright . Will get many projects.
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....
goodguess
294 posts
Posted by goodguess > 2018-05-14 17:15 | Report Abuse
@rogers, joining kps party or not?