Posted by goodguess > 2018-08-20 15:30 | Report Abuse

Taliwork moving.....KPS soon.......

Posted by goodguess > 2018-08-20 16:32 | Report Abuse

Taliworks up 7 sen....

Posted by Shareshare1594 > 2018-08-21 11:06 | Report Abuse

what good news? suddenly 1.76..

Posted by 123456 > 2018-08-21 11:11 | Report Abuse

Dividen

Posted by ding dong > 2018-08-21 11:47 | Report Abuse

dividend 30cent coming arr ??

Posted by Lim Tek Wai > 2018-08-21 12:29 | Report Abuse

Thanks for the profit, earned huge profit to buy stuff hehe

Posted by ran777rpt > 2018-08-21 12:49 | Report Abuse

Why sell so early, Good news is imminent.

Posted by IronShirt > 2018-08-21 14:45 | Report Abuse

https://www.theedgemarkets.com/article/dr-mahathir-said-beijing-ecrl-a...
21/08/2018 13:12


Gamuda needs Splash money,,,,,,No more ECRL"""""

Posted by 123456 > 2018-08-21 16:09 | Report Abuse

Morning show only

Posted by IronShirt > 2018-08-21 16:30 | Report Abuse

no project gamuda give big dividend. Kps give very, very big dividend

Posted by IronShirt > 2018-08-21 16:38 | Report Abuse

Splash give kps 1.40/share,,,,,,,Gamuda gets 0.40 cents/share only......How can Gamuda share
move faster than Kps,,,,,,many syndicate here?

Posted by Ron90 > 2018-08-22 21:32 | Report Abuse

money not in yet..next QR would be still lousy ler.. loong way to go before got money into kps banks. 3qr than ada duit masuk..huhu.

Posted by rogers123 > 2018-08-23 18:40 | Report Abuse

Ironshirt: plz accept my challenge

Posted by IronShirt > 2018-08-23 18:46 | Report Abuse

don't have to bang boss-roger,,,,,i have a old "kuih kapit" tool,,,you can use it daily when you see
jaks going to 40c

Posted by rogers123 > 2018-08-24 00:05 | Report Abuse

Ballless

Posted by rogers123 > 2018-08-24 00:08 | Report Abuse

IronShirt don't have to bang boss-roger,,,,,i have a old "kuih kapit" tool,,,you can use it daily when you see
jaks going to 40c
23/08/2018 08:01 <-- Talking nonsense...

Posted by IronShirt > 2018-08-24 10:27 | Report Abuse

I enjoy myself talking to a no-brain like roger. Sailang in Jaks but talk rubbish in puncak and kps.
Jaks will announce 1-1 rights issue soon. First, they have to bring the price down to 40 cents

Posted by Despacito > 2018-08-24 11:50 | Report Abuse

Kongsi rezeki: KPS sumbang lima lembu korban kemudian "Special Dividend 50sen"...power!!!

https://selangorkini.my/2018/08/kongsi-rezeki-kps-sumbang-lima-lembu-korban/

Posted by thor85 > 2018-08-24 13:09 | Report Abuse

Rezeki berkat melabur kat kps

Posted by Neut_ron1 > 2018-08-24 18:27 | Report Abuse

harap kps beri pemengang saham yg setia dividen yang lebih baik & didokan perniagaan kps terus rancak & untung besar!

Posted by keyin > 2018-08-25 12:48 | Report Abuse

Boring kps

Posted by ding dong > 2018-08-25 22:18 | Report Abuse

http://m.thesundaily.my/news/2018/08/24/gamuda-gets-time-extension-till-sep-3-accept-splash-sale


why...?? not settle yet.....???...porachit...kiki

Posted by husky88 > 2018-08-26 11:46 | Report Abuse

Expected.

Posted by IronShirt > 2018-08-26 18:08 | Report Abuse

On Tuesday, Gamuda and Taliworks Corp Bhd were informed by Air Selangor of a cut in the bulk water supply rate for the third phase and first phase of the Sungai Selangor Water Treatment Plant (SSP) by 2 sen/m3 and 5 sen/m3, respectively.

" Nothing to do with Splash",,,,,,,SSP3 Service Contract,,,,,,if Don't want can give to KPS

Posted by upsidedown119 > 2018-08-27 16:45 | Report Abuse

Sun daily report if accurate means Gamuda likely holding out for 1XBV.

Posted by 123456 > 2018-08-27 20:59 | Report Abuse

So kps how...

Posted by thor85 > 2018-08-27 22:38 | Report Abuse

Gamuda accept the offer already-the edge.

Posted by Boneka > 2018-08-28 10:07 | Report Abuse

Right on track...everything is above board & progressing smoothly.

SELANGOR WATER SAGA NEARS END

By The Edge Financial Daily | 2018-08-28 09:04:41

KUALA LUMPUR: The long-drawn saga of Selangor’s water restructuring over is nearing an end, after both Gamuda Bhd and Taliworks Corp Bhd accepted the offer from Pengurusan Air Selangor Sdn Bhd (Air Selangor) as part of the latter’s acquisition of Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash).

In a filing with Bursa Malaysia, Gamuda said the board of directors of its 80%-owned subsidiary Gamuda Water Sdn Bhd and Splash yesterday accepted the offer from Air Selangor to acquire its 40%-owned associate Splash.

“Gamuda will make the necessary announcement to Bursa Securities upon the finalisation and execution of the termination and settlement agreement and the new operations and maintenance agreement (OMA) of Sungai Selangor Water Treatment Plant Phase 3 (SSP3) which, inter alia, are subject to and are conditional upon the completion of the share purchase agreement to be entered into between Splash Holdings Bhd and Air Selangor,” it added.

Gamuda has until Sept 3 to revert to Air Selangor’s offer for Splash.

Splash is a wholly-owned subsidiary of Splash Holdings, in which Gamuda owns a 40% stake, while Kumpulan Perangsang Selangor Bhd owns 30%. The remaining 30% is held by Sweet Water SPV Sdn Bhd, a private investment vehicle of businessman Tan Sri Wan Azmi Wan Hamzah.

Air Selangor is offering RM2.55 billion cash to take over Splash, which is the concession holder of SSP1 and SSP3, which controls about 45% of the treated water supply in Selangor, Kuala Lumpur and Putrajaya.

http://www.theedgemarkets.com/article/selangor-water-saga-nears-end?type=corporate

Posted by param54 > 2018-08-29 15:31 | Report Abuse

what now up or down

Posted by Ron90 > 2018-08-29 16:17 | Report Abuse

down..sell everything.. qr not good

Posted by Ron90 > 2018-08-29 16:18 | Report Abuse

no future counter..huhu

Posted by param54 > 2018-08-29 16:57 | Report Abuse

mati lah

Posted by thor85 > 2018-08-29 19:02 | Report Abuse

Qr result is out. Superb result. Business under kps is good.

Posted by ran777rpt > 2018-08-29 19:06 | Report Abuse

Dividend 4.25 cents?

Posted by shadowraze818 > 2018-08-29 19:14 | Report Abuse

Thor85 the qr result released? Any link?

Posted by goonjat > 2018-08-29 20:15 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5900133

Posted by Airline Bobby > 2018-08-29 20:22 | Report Abuse

Now everyone knows ... Ron90 is a cock talker xD

Posted by Neut_ron1 > 2018-08-29 21:16 | Report Abuse

2mrw limit up....:))

Posted by Uncle_Lim > 2018-08-29 22:29 | Report Abuse

SAILANG

Posted by windcloud > 2018-08-29 23:53 | Report Abuse

Seeing the result quite impressive at first sight .... but got one questin to ask the main source of profit is from associate SPLASH amounting to 40.6 m for that qtr that almost is the bottomline, after SPLASH disposed, will the bottomline significantly reduced ....

Just for discussion purpose .... but good thing is KPS had purchased new subsidiaries .... but the golden goose had been disposed .... if wrong correct me ... since not going into detail ....

Posted by windcloud > 2018-08-30 00:52 | Report Abuse

JJ thanks for sharing.

Posted by Ron90 > 2018-08-30 04:50 | Report Abuse

hope the price would recover ASAP... everyday down like no ending..huhu. Hope tomorrow can give some light at the end of the long black-hole tunnel

Posted by kevinobc > 2018-08-30 09:51 | Report Abuse

https://sg.news.yahoo.com/brief-kumpulan-perangsang-selangor-posts-113125780.html

Posted by kevinobc > 2018-08-30 10:09 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5900133

Posted by commonsense > 2018-08-30 12:11 | Report Abuse

How much will the PAT be after KPS sells Splash?

Using the 2Q18 result, excluding the Splash contribution of RM40.6mil, PBT from other businesses (excluding Splash) is only around RM1mil. If we were to extrapolate this to 4 quarters, that would mean KPS recurring income/ PAT excluding Splash is only RM4mil (this might be an overstatement as i did not conclude any tax).

Current market cap is RM924mil. That translate to a PE of 262x..

Assuming they pay off all their debts using the cash from the sales of Splash (Cash receive RM765mil. Debt outstanding RM636mil ).

This would actually help save borrowing cost by RM9mil per quarter(which is the total finance cost for 2Q18) or RM36mil per year. This would increase the recurring PAT to RM40mil (still i did not include any potential tax).

Now that will help reduce the PE multiple to 23x.

Isn't that still a bit high?

Posted by teareader818 > 2018-08-30 13:27 | Report Abuse

Is this how P/E is calculated?

Posted by lbkeat > 2018-08-30 13:30 | Report Abuse

pbt from other business(excluding plash)might more than 1m coz there is a one time exp(non recurring)incurred when they acquired cpi. u go and see note to an account no.7 investment holding recorded revenue of RM
2.2million as compared to RM15.1million in the corresponding quarter 2017, mainly from dividend received during the corresponding period
. Consequently, this sector recorded a loss before tax and zakat of RM
15.8million as compared to a profit before tax of RM2.9 million in the corresponding quarter 2017 coupled with the finance cost incurred
in the current quarter in financing CPI acquisition. manufacturing sector oredi contribute more than 11m this quarter,some small losses in ceres tele,sprint toll, property invest, maybe some write off for leo hostibility(rent out).
kps Group’s core businesses continued to improve its financial performance, reporting RM7.2 million operating profit(excluding associate) in 2Q18 from RM0.8 million operating loss a year ago. so my calculation will be 7.2m+ 9m saved interest from splash sale= 16m per quarter

Posted by lbkeat > 2018-08-30 14:06 | Report Abuse

i buy kps not because of asset sales(splash)and hope for special dividend but the future prospect of the com. l always avoid glc but i like kps.usually glc like monopoly bus and don't like open competition. last time i'm amazed by the com sold their golf club and properties and involved into manufacturing business.

Posted by ding dong > 2018-08-30 14:34 | Report Abuse

waa sound good...goleng mali woooo

Posted by jordanmaggie61 > 2018-08-30 14:41 | Report Abuse

Price will gap up this morning, good luck to all and enjoy the rollercoaster.... hehe