KPS can be easily control by syndicate------only 130m free float after deducting KDEB + LTH--- LTH can be pushing higher and higher to Unload some of its shares ( i cannot find anybody who don't like money except ROGER ----a regular Tanjung Rambutan patient )
You all know exactly the offer is?? I tell you it is only RM1.5B. RM450 mil for KPS. After adding CB, King Koil & etc, the fair value is around RM1.91..Stop dreaming
you will know later when they announce later.. See who is creating fake news...You see my last comments.. I already hinted the offer is 0.5x. People were still chasing. That is why KPS drop back to RM1.9x after hitting RM2.x. It is holding at RM1.9x before suspension. you all cannot play along with the big shark la. That is the fair value. Ppl start throwing later when they eventually realised they are bitten by the shark.
This is just a "offer based willing buyer and willing seller"----Selangor Gov is making a Offer, kps will be announcing to Shareholders at 5:00pm------EGM will be called but needs time.
Those that "missed" the Boat are afraid Monday. limit-up then bang boss-----But i have a good suggestion ---Buy Puncak or Taliwarks today----Atleast can reduce some frustration on Monday
Pls remember Gamuda Lawsuit (4.2Billion) on Bills alone----- is just KIV only pending this announcement. Gamuda majority shareholders are KWAP, EPF, and a few Amanah Bumi Trust Fund and they got vested interest-------any amount less than 1X got problem going thru' EGM
He is real punter. do you know that everything have been agreed with the shareholders behind the scene..? It is nothing like last time whereby this guy make an offer, that guy reject, etc etc/ No more. Everything is cast and stone.
when Khalid Ibrahim offer 250m, Gamuda management didn't stop trading (sohai offer)---Actually it is not Khalid's offer but Najib's offer bcos 1MDB need 2.6B for interest payment
All thosr no position one all cry sour grapes.. hahahaha..
U think thr MB so stupid go ceramah keep talking this for nuts ? MB keep talking to tell ceremah attendee be smart.. if u want win money from this pakatan governemnt.. then invest in kps and get the profit..
So now they giv their promise.. rakyat all happy.. and by election all will win hands down..
MB does not tell people to invest in KPS, OK??? State government interest is to serve the people, not the punter. 250mil is nothing compare to 1.5B. And as said 1.5B is already cast and stone..
Puncak =1x but Kps = 0.? x ..... ummo really panai... ph really inexperience i would say. Really easy to bow to pressure. Must have guts, Since have independent valuer from both Gov, why so afraid of the khalib 254m. Just tell the rakyat how's khalib 254m calculate & method & result ( splash not agreed and 4.22 claims).Khalib & ummo can criticize but it's not them who borne the subsequence. Telling truth is the best way to repel all this conspiracy.
Those who say limit up this and that, it's better to err on the side of caution. All I know is there is no sure thing until it is announced. I'm not siding with anyone so don't bash me ya. :-)
So many kaypohs here. Just wait till 3pm for the finale :)
Splash takeover offer letter handover ceremony today — Selangor CM's Office By Chong Jin Hun | 2018-08-03 11:43:22
KUALA LUMPUR (Aug 3): The Selangor Chief Minister's Office said a ceremony will be held at 3pm today in conjunction with the handover of the offer letter for the planned takeover of Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash).
In a media advisory, the Selangor Chief Minister's Office said the event will be held at the Dorsett Grand Subang hotel in Subang Jaya, Selangor.
"All media (representives) are invited to cover the event," it said.
According to the advisory, Economic Affairs Minister Datuk Seri Mohamed Azmin Ali, Water, Land and Natural Resources Minister Dr Xavier Jayakumar and Selangor Chief Minister Amirudin Shari will be present at the event.
Let's do 2.55 bil then. As the new Owner takes over Splash, the lawsuit amount of receivables will be transferred over to the new Owner as well. KPS position shall be better thank Gamuda in this deal due to the no. shares. Gamuda no. Shares = 5 x times of KPS. KPS will be receiving 30% of the total offer, while Gamuda will receive 40%. Use your math.
If offer 250m, only Jayakumar and Amiruddin attend the Ceremony----Gamuda just send their OfficeBoy to pickup the "offer Letter"----Both sohai "YB" will talking All by themselve-----only Willing Buyer NO willing Seller "
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....
vantagebay
13 posts
Posted by vantagebay > 2018-08-03 10:42 | Report Abuse
offer RM1.5Bil. Book value = RM3.3B (0.45x only), Is it a attractive deal? People throwing already