KLCI likely to go below 1700 due to Italy seen likely to exit EU. Most affected are finance stock. Also impact of 1MDB. So get ready for bottom-fishing.
The catalyst for this counter to rocket kuat kuat is the water deal bcos the 30% of splash is more than the current market cap. DAP has pass the rocket to kps.
Keputusan Q1 adalah dlm jangkaan analisa. Takda sebarang penyelewengan. Yang menjadi tumpuan pelabur adalah bonus isu, dividen dan keuntungan luarbiasa dari SPLASH.
tun m will make announcement soon that the govt offer 1x book value for the splash deal . This will turn the market back to green . Tun want to point out that the govt would spend money on those infrastructure that really benefit all the selangor people and not the mega project that only benefit the cronies.
You will see the part 2 of the korean drama soon. part 1 is the cancellation of the HSR, MRT mega project part 2 is the starting of the water project (water deal, pipe replacement) in selangor.
Infrastructure and utilities The outlook for the water services sector is expected to be positive with opportunities arising from the State Government’s consolidation exercise to provide a holistic water services in Selangor, Kuala Lumpur and Putrajaya. In the light of this opportunity, the Group through its wholly owned subsidiary Nadi Biru Sdn Bhd, has ventured into the water pipe rehabilitation business through its subsidiary, Smartpipe Technology Sdn Bhd (“SPT”). SPT had obtained the product certification and C1 license from Suruhanjaya Perkhidmatan Air Negara and registered as G7 contractor with Construction Industry Development Board which enables SPT to undertake the water and sewerage projects for both conventional and compact pipe technology. SPT is constantly engaging with various parties and state water agencies to promote the compact pipe technology where it has proven to be a success in several countries including Hong Kong. The Group plan to replicate this success locally. In November 2017, SPT entered into an agreement with Pengurusan Air Selangor Sdn Bhd for a pilot rehabilitation project using compact pipe technology. The pilot project covers a length of 0.5km in Taman Bukit Anggerik, Cheras and is expected to be completed by Q3 2018. On the infrastructure and utilities, KPS-HCM was awarded with an infrastructure work for Pulau Indah Industrial Park by the main contractor, Central Spectrum Sdn Bhd. It is envisaged that the current order book of KPS-HCM will contribute positively to the Group’s results for the financial years ending 2017- 2019. Going forward, KPS-HCM will actively identify and bid for similar projects to enhance the performance of the Group’s infrastructure and utility segment. With the imminent takeover of the Group’s 30% equity interest in Syarikat Pengeluar Air Selangor Sdn Bhd held through Viable Chip (M) Sdn Bhd, a wholly owned subsidiary of the Company, the Group is continuously assessing business opportunities in sectors where it already has existing investments as well as new business sectors or areas to ensure sustainability of the Group
They are expanding the king koil brand in USA. Long-term prospective I think is good managed by Selangor state govt, no worry at all, all smart people inside.
Sale of Splash likely no longer a priority for Azmin. Unlikely for new MB. What's going for KPS is the 1) carton plant that will service the e-commerce hub; 1) infrastructure construction in Selangor that should (depending on the new MB's priortites) all go to KPS.
KPS's management is too slow in a Malaysia that's likely to begin moving at the speed of light within 6 months. They cannot be lackadaisical like they were in the past. They may have been steady but at a snail's pace. They can afford to be SLOW and steady in the past due to lack of competition as a state GLC. But too much opportunities were missed. The management should be more dynamic as in FAST and steady!
Wakaka...patutlah nama pun 'terbalik'. Berwaspada...ni BN punya orang ke! Ok, cakap serius skrg...Datuk Kong baru whatsapp gua...bagi clearance beli KPS kaw2x. Jangan terlepas peluang utk menikmati bonus dan dividen ya :)
The new Pakatan Government has been unveiling more and more positive news these 2 days...and the market has been responding very well. As the flagship for Pakatan, everybody is trying to catch some at a lower price...but time is of the essence for the coming bonus's ex-date is on 7/6/18...only 4 trading days away...followed by dividend & SPLASH. Grab some now before the big boys start to push it up....Goodluck!!!
Current price level must match NTA 2.75.....If not the disposal of Splash asset is Not included in today price.......Right now price 40% discount (at 1.75)
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param54
632 posts
Posted by param54 > 2018-05-30 12:12 | Report Abuse
must sell into run up