Posted by iafx > 2013-09-06 10:52 | Report Abuse

so far the 6c consolidation is still mild... not sure what's gonna happen next :D

Posted by member41 > 2013-09-06 11:40 | Report Abuse

wait for egm first?

Posted by iafx > 2013-09-06 11:45 | Report Abuse

all waiting for kps to drop -20c... :D :D :D

Posted by xiyoung2002 > 2013-09-06 12:33 | Report Abuse

Stockcrazy comment on support point is 2.14 which has been broken. What is the next lower level of support?

Posted by rxo2626 > 2013-09-06 12:46 | Report Abuse

2.00

Posted by datuk > 2013-09-06 14:14 | Report Abuse

strong support level at rm1.50............not at rm2.00..... it is very fragile......

Posted by stockcrazy > 2013-09-06 15:13 | Report Abuse

next support 2.02

Posted by hiddengem > 2013-09-06 15:25 | Report Abuse

Weak mkt sentiment ahead of the possibility of US military war against Syria & the effects of the Fed Res Open Mkt Committee meeting scheduled on 17/9 & 18/9 respectively on its tapering of stimulus policy.
Investors remain cautious n took profit off the table for the weekend.

Posted by iafx > 2013-09-06 16:54 | Report Abuse

Syria strike (if go) will be limited, so long Israel and Iran not involved. note U.S lead allies do not suuport the opposite either. rather, U.S and allies have long awaited the opportunity to topple Iran, believe Iran would not risk "creating" that excuse

QE is an issue much much more complex... v shall c very soon

kps and puncak, so long the water deal goes on, it will not short of opportunities... any news can spark a rally juz as v seen these few days

Posted by hiddengem > 2013-09-06 17:01 | Report Abuse

Water related sectors still bullish. Today's downtrend is a healthy correction. JAKS is the penny stock to watch.

Posted by hiddengem > 2013-09-07 06:08 | Report Abuse

However next week trading is at a higher risk with US Fed Open Mkt Committee meeting around the corner scheduled for 17/9 & 18/9 & also the possibility of US military action against Syria after the Congress meeting.

Unluckily if u take position next week u might be caught in the 'crossfire' & the risk of getting 'burnt' is exceptionally high. It would be much safer to enter the mkt after stabilising of the outcome of FOMC meeting & the Syria war....... then it is the right moment to go 'shopping'.....during the MEGA SALES period...with plenty of choices bidding at a steep discount.

Be cautious & good luck.

Posted by iafx > 2013-09-07 11:26 | Report Abuse

no contra no worry. wanna play contra on the water deal of cos subject to market risk. btw, whether there will b a mega sales remain to be monitor. there is equal chance of mild correction only; according to final qe decision.

Posted by hiddengem > 2013-09-08 14:55 | Report Abuse

I predicted mega sales might b just around the corner & decided not to take position. Maybe after the Fed Open Mkt Committee Meeting on 17/9 &18/9 might go for bottom fishing.....hopefully the SHARK has disappeared after the wave hv retreated.

Posted by kllady_fidah > 2013-09-09 09:06 | Report Abuse

2.50 any time

Posted by stockcrazy > 2013-09-09 12:02 | Report Abuse

when? today?

Posted by titus > 2013-09-09 15:28 | Report Abuse

KPS keep on yoyo between 2.16-2.18. I'm not a TA person, but is 2.20 the resistance?

Posted by BBB79 > 2013-09-09 17:03 | Report Abuse

today higest 2.21...

Posted by stockcrazy > 2013-09-10 16:54 | Report Abuse

no move...

Posted by Mosha > 2013-09-11 09:19 | Report Abuse

I think that the United States never intended from the beginning to launch any type of military activities against Syria. Barack Obama doesn't have to go to the Congress or to anyone else to get permission to do anything. The American presidency has become something of an equivalent of like a crime boss, where he can kill with impunity and he does not have to worry about any kind of a backlash.

Posted by iafx > 2013-09-11 10:53 | Report Abuse

how about those died of chemical weapon?! at very least, U.S "talk" stopped the killing. what else other gov does? sigh.

Posted by hiddengem > 2013-09-11 11:15 | Report Abuse

Mkt going for correction due to weekend n next week uncertainties ahead.

Posted by member41 > 2013-09-11 15:02 | Report Abuse

2.23 just now

Posted by traderman > 2013-09-11 15:08 | Report Abuse

preparing ...

Posted by stockcrazy > 2013-09-11 15:14 | Report Abuse

prepare to run or to jump in??

Posted by member41 > 2013-09-11 15:17 | Report Abuse

market seem weak lei.... still hold for egm next wk...

Posted by hiddengem > 2013-09-11 16:41 | Report Abuse

Should take profit for the weekend, our mkt already uptrend for 2 days n fully stretched n due for correction. Furthermore nxt week uncertainties will come into the picture n investors prefer to be on the sideline n waiting for direction. This is my own opinion. Good luck.

Posted by BBB79 > 2013-09-11 17:20 | Report Abuse

hold the boat, one more week to go only...

Posted by johndow > 2013-09-11 17:22 | Report Abuse

yeah .. itchy to play .. but too close to the grand date ..

Posted by johndow > 2013-09-11 17:23 | Report Abuse

just stay on the boat .. hehehe

Posted by JaniceLove > 2013-09-11 17:24 | Report Abuse

BBB79...why hold? why wait one more week?

Posted by BBB79 > 2013-09-11 17:25 | Report Abuse

JaniceLove, EGM on 18/9, announce special dividend...after announce special dividend, shoot up...

Posted by hiddengem > 2013-09-11 17:46 | Report Abuse

Next week how to hold the boat when a tidal wave is expected to hit our mkt, the boat will eventually capsized. Instead v shld accelerate n sail back to the nearest beach for safety.

Only after the wave hv subsided v can go back to the sea for bottom fishing for variety of fishes..........salmon...............mouse grouper fish.......7 star grouper fish......a bumper harvest.

Posted by skng74 > 2013-09-11 17:53 | Report Abuse

SHAH ALAM: Negotiations between the Selangor and federal governments on the restructuring of water services industry in the state have reached a "breakthrough", according to Selangor Mentri Besar Tan Sri Khalid Ibrahim.

"We are close. So close that I can now make an announcement that we will complete by year end, and statements on this matter from both the federal and state governments are no longer contradicting each other," he said.

Both federal and state governments have set Dec 31 as a target date to conclude talks.

Khalid said a letter from the Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili, dated Sept 9, stated that they were confident the water services industry restructuring exercise would be completed before Dec 31.

The letter also stated that the Ministry had considered the arguments and facts from the state government, said Khalid.

Khalid expressed his gratitude to Dr Ongkili, who gave a personal commitment to ensure water management would be handed over to the state government in accordance to the Water Services Industry Act 2006.

Khalid said there were two "sensitive areas" in negotiations, which are the valuation of the water concessionaires and the modus operandi of the takeover.

"We see some differences in perception of the valuation, but it is not a situation that will break the arrangement," he said.

On the modus operandi of the takeover, he said the state government is trying to convince the federal government to agree that the water assets and management would be parked under a special purpose vehicle owned by the state government.

The state government had made three bids to take over water management from all four water concessionaire companies in Selangor.

On Feb 20, the state government made a RM9.65bil offer to take over Syarikat Bekalan Air Selangor Sdn Bhd (Syabas), Puncak Niaga Sdn Bhd, Konsortium Abass Sdn Bhd and Syarikat Pengeluar Air Selangor Holding (Splash).

Previously, the state government in 2009 made a bid of RM5.7bil but was rejected by all parties. A subsequent offer of RM9.2bil was made in 2011 but was rejected by Puncak Niaga and Syabas.

The federal government holds one golden share in Syabas through the Minister of Finance Inc.

Also part of the talks is the development of the RM3bil Langat 2 water treatment plant, which is a federal project but its construction has to be approved by the state government under the Land Code.
The plant will receive raw water from Pahang via an underground tunnel, which is almost complete, and can process 1,130 million litres of water per day (MLD).

- taken from Star Online

Posted by johndow > 2013-09-11 20:29 | Report Abuse

hope bigger sail to carry the boat ..

Posted by iafx > 2013-09-11 21:49 | Report Abuse

U.S look to postpone congress vote for limited syria assault, QE event has been closely scrutinise to the point global markets broadly accepte some level of reduce will happen; on the back of US economy recovery. as EU is recovering too, it's a matter of confident towards coming 6 months economy growth, that incl political stability.

correction or quantum leap? no contra no worry ;)

Posted by traderman > 2013-09-11 22:50 | Report Abuse

Postpone till dec... Run tomorrow

Posted by JaniceLove > 2013-09-11 23:01 | Report Abuse

BBB79...how they pay the special dividen...by cash or by shares?

Posted by ronnie2u > 2013-09-11 23:29 | Report Abuse

I do hope the Special Dividend (sales proceed of KHSB) is in cash (taxable 25%)

Posted by BBB79 > 2013-09-12 07:39 | Report Abuse

in the agenda not mention cash or share, but cash is the probabilty high...

Posted by skng74 > 2013-09-12 08:41 | Report Abuse

It will surely be in cash because KPS' parent company, KDEB, needs it in cash to partly fund KHSB buyout.

Posted by iafx > 2013-09-12 09:55 | Report Abuse

special dividend is $cash$, not share

Posted by crawler > 2013-09-12 14:42 | Report Abuse

special div and more upside as the news transpire

Posted by crawler > 2013-09-12 14:42 | Report Abuse

still very cheap

Posted by Azli > 2013-09-12 15:02 | Report Abuse

It is down now.. Why??????

Posted by crawler > 2013-09-12 15:52 | Report Abuse

chill is definitely going up...buy now and wait for the handsome dividend

Posted by crawler > 2013-09-12 15:53 | Report Abuse

yum yum

Posted by johndow > 2013-09-12 16:17 | Report Abuse

up up n away ..

Posted by BBB79 > 2013-09-12 17:52 | Report Abuse

hope the price stand there until dividend announce...

Posted by iafx > 2013-09-12 21:47 | Report Abuse

court case is pulling the leg...

Posted by anbz > 2013-09-13 00:50 | Report Abuse

oops scable promoter is here...haha..better cabut...