Posted by Yael Jasper > 2018-09-18 11:34 | Report Abuse

Best timing to invest now, buy more earn more hehehe

Posted by Ron90 > 2018-09-19 22:26 | Report Abuse

should change name to Kumpulan Tak Terangsang Selangor.. :-)

Posted by Stephenloo > 2018-09-20 18:26 | Report Abuse

Drop then rise back many days already
Some1 keep eat ticket

Posted by IronShirt > 2018-09-21 14:19 | Report Abuse

No need promotion,,,,,just quietly & slowly buy

Posted by rogers123 > 2018-09-21 16:17 | Report Abuse

Roger3210: Omg. I have 15% profit from Jaks. So little....

Posted by Stephenloo > 2018-09-21 20:43 | Report Abuse

Buy enough lor
Wait durian drop

Posted by Boneka > 2018-09-25 11:49 | Report Abuse

Countdown to 30 Sept...5 days left...surging up anytime from now...
Standby for takeoff!

Posted by k88a > 2018-09-25 14:37 | Report Abuse

Pursuant to Paragraph 9.03 of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of Perangsang Selangor wishes to announce that the Company’s 30% associated company, SPLASH Holdings and Air Selangor have mutually agreed to extend the execution of the SPA from 14 September 2018 to no later than 30 September 2018.

An announcement will be released in due course upon the execution of the SPA.

This announcement is dated 14 September 2018.
http://m.malaysiastock.biz/Company-Announcement.aspx?id=1086162

Posted by IronShirt > 2018-09-25 15:23 | Report Abuse

Blocking 1.56 and 1.58----makan 1.57

Posted by IronShirt > 2018-09-25 15:25 | Report Abuse

want to Sell, please throw into 1.57

Posted by Spectre888 > 2018-09-25 15:29 | Report Abuse

POTENTIAL DOWNTREND CHANNEL BREAKOUT
After correcting 23% from 52-week high of RM2.06 (23 Jul 2018) to RM1.58 (13 Sep), KPS is likely at the tail end of a downward consolidation, reflected by the hammer and while candlesticks pattern in the last two days, accompanied by mild hook-up in indicators.

A decisive cross above RM1.63 (upper downward channel) hurdle will spur prices higher towards RM1.73 (38.2% FR) before reaching our LT objective at RM1.86 (23.6% FR). Supports are RM1.52 (61.8% FR) and RM1.46 (lower downtrend channel). Cut loss at RM1.45

Source: Hong Leong Investment Bank Research - 14 Sept 2018
https://klse.i3investor.com/blogs/hleresearch/173963.jsp

Posted by IronShirt > 2018-09-25 15:43 | Report Abuse

Gamuda got No special Dividend from splash Sale bcos Need Cash for Penang Master Transport
plan. So I think punters will move here

Posted by Joshk > 2018-09-26 15:32 | Report Abuse

Trending up after consolidation.

Posted by ran777rpt > 2018-09-26 17:20 | Report Abuse

Stay put here. Will be heftily rewarded.

Posted by Ron90 > 2018-09-26 17:36 | Report Abuse

donno la what will hold this counter from moving upward?..even the stat shows uptrend movement, only 2-days left before the SPA.

Posted by thor85 > 2018-09-26 18:20 | Report Abuse

Price and volume increase show a positive sign.

Posted by apachehelicopter0803 > 2018-09-26 18:49 | Report Abuse

What's with Hong Leong's report on potential downtrend channel breakout?

Posted by Boneka > 2018-09-26 21:00 | Report Abuse

Very likely, its Hong Leong Fund that has been collecting over the past 3 weeks.
Technically, the breakout was panned out nicely accordingly to their recent article.
Being a cornered stock, it might breach 1.73 tomorrow and head swiftly towards 1.86...
In anticipation of the impending SPA and Special Dividend announcements, this under-performed stock possesses a lot of growth potentials to justify its TP of 2.50.
Anything below 1.65...buy!!!

Posted by Ron90 > 2018-09-27 09:00 | Report Abuse

buy before it shoot up..% of dividen higher at this current price.

Posted by IronShirt > 2018-09-27 09:35 | Report Abuse

My remisier said LTH is not a vegetarian. They know how to Goreng very well. Purposely reduced
below 5% so that nobody knows what they are Doing. LTH average around 1.50, you think they
are very Happy with Dividend only!!!!!

Posted by k88a > 2018-09-27 11:18 | Report Abuse

Very smart manoeuvre by LTH.
The momemtum is picking up pace gradually.
A good sign for it will not be seen as insiders' trading.

Posted by Spectre888 > 2018-09-27 15:39 | Report Abuse

THE STAR ONLINE
Kumpulan Perangsang Selangor
SUPPORT LINE
Thursday, 27 Sep 2018
8:00 AM MYT; by Fong Min Yuan

KPS's bounced off the supporting line of RM1.52 on Sept 12 may have signaled the end of the stock's 1.5 month downtrend.

Read more at https://www.thestar.com.my/business/business-news/2018/09/27/kumpulan-perangsang-selangor/#XiTlcSzBuDV3fpPf.99

Posted by param54 > 2018-09-28 15:06 | Report Abuse

no show

Posted by luiws123 > 2018-09-28 15:17 | Report Abuse

This counter will only show if they declare dividends

Posted by Ron90 > 2018-09-28 16:07 | Report Abuse

cross finger ler..after market, announcement..monday see la what reaction..waterfall again or fly?

Posted by param54 > 2018-09-28 17:16 | Report Abuse

if sign sure move up towards 1.7

Posted by cheoky > 2018-09-28 18:19 | Report Abuse

Gone case.

Posted by huatchye > 2018-09-28 18:50 | Report Abuse

Gone case?

Posted by ran777rpt > 2018-09-28 19:06 | Report Abuse

Who is saying gone case. The deal is signed. Not not sign. Pls understand.

Posted by Savvy88 > 2018-09-28 19:10 | Report Abuse

Excellent! The deal has been signed :-)
Congrats all KPS shareholders!!!

Diversified group Kumpulan Perangsang Selangor Berhad (KPS, the Group, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) today announced that its indirect 30% associate company Syarikat Pengeluar Air Selangor Holdings Berhad (SPLASH Holdings) had entered into a share purchase agreement (SPA) with Pengurusan Air Selangor Sdn Bhd (Air Selangor) for the disposal of SPLASH Holdings’ entire stake in Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH).
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5926913

Posted by huatchye > 2018-09-28 19:16 | Report Abuse

The next question is: will there be a bumper dividend

Posted by taitaumau > 2018-09-28 19:23 | Report Abuse

Extract from to-nite announcement:

Use of proceeds

The Company will disclose the application of the utilisation of Proceeds and its breakdown, including the timeframe for full utilisation of Proceeds in the Company’s quarterly reports submitted to Bursa Securities pursuant to Paragraph 9.22 of the MMLR.

Next 3q report: end of November

Posted by ran777rpt > 2018-09-28 19:45 | Report Abuse

However, the announcement had no mention of any dividend payout from the proceeds of the disposal, something that analysts were expecting prior to this.

Posted by ran777rpt > 2018-09-28 19:46 | Report Abuse

KPS’ sale of Splash stake results in RM331.6 mil divestment loss but it pockets RM765 mil in cash

By Billy Toh | 2018-09-28 19:36:41
KUALA LUMPUR (Sept 28): The divestment of a 30% stake in Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Spash) is set to cost a one-time disposal loss of about RM331.6 million for Kumpulan Perangsang Selangor Bhd (KPS), according to a filing with Bursa Malaysia.

The proposed divestment is expected to be completed by the end of the year.

Today, the group’s 30% associate company, Syarikat Pengeluar Air Selangor Holdings Bhd (SPLASH Holdings) entered into a conditional share purchase agreement (SPA) with Pengurusan Air Selangor Sdn Bhd (Air Selangor) for the proposed disposal of its entire equity interest and redeemable unsecured loan stocks (RULS) in SPLASH to Air Selangor for RM2.55 billion cash.

State-owned KPS will receive RM765 million cash in the form of an upfront sum followed by nine annual instalments from the 30% stake.

The group’s chief executive officer, Ahmad Fariz Hassan, said in a statement that the conclusion of its involvement in SPLASH marks a further step towards refocusing on its endeavours in growing core businesses into industry powerhouses and generate sustainable returns for shareholders.

“In deliberating the utilisation of the proceeds, the Group will adopt a prudent approach on balancing current needs and future growth. In addition, we remain steadfast in implementing our value creation strategy in expanding our ongoing core businesses, achieving a lean balance sheet and ensuring the continued sustainability of the Group's overall performance,” Ahmad said.

However, the announcement had no mention of any dividend payout from the proceeds of the disposal, something that analysts were expecting prior to this.

Read more: http://www.theedgemarkets.com/article/bumper-dividend-cards-kps-splash-sale

A look at the group’s balance sheet would see that it has a net debt-to-equity of about 0.34 times based on its latest quarterly balance sheet.

Despite the one-time disposal loss, the note filed with Bursa pointed that the disposal consideration was within the valuation range as appraised by Moore Stephens, which arrived at the fair valuation of between RM2.1 billion and RM3.4 billion.

Prior to the announcement of the disposal of SPLASH, KPS’ share price was trading at around the RM1.90 level. Since then, its share price has fallen by about 14.7% to its closing of RM1.62 today. Nonetheless, the Group’s share price has seen a total return of about 25.11% ov

Posted by ran777rpt > 2018-09-28 20:01 | Report Abuse

Air Selangors inks deal to acquire Splash

KUALA LUMPUR: Syarikat Pengeluar Air Selangor Holdings Bhd (Splash Holdings) today entered into a conditional agreement to sell water treatment concessionaire Syarikat Pengeluar Air Sungai Selangor Sdn Bhd to the Selangor government for RM2.55bil.

Splash Holdings is owned by Gamuda Bhd (40%), Kumpulan Perangsang Selangor Bhd (30%) and Sweet Water SPV Sdn Bhd (30%), a private vehicle of businessman Tan Sri Wan Azmi Wan Hamzah.

In filings with Bursa Malaysia, Gamuda and KPS said Splash Holdings would sell its 100% equity interest in Splash as well as all of its redeemable unsecured loan stocks in the concessionaire to Pengurusan Air Selangor Sdn Bhd (Air Selangor), which is owned by the Selangor government's investment arm Kumpulan Darul Ehsan Bhd (KDEB).



Advertisement

Air Selangor will pay RM1.9bil upfront and the balance in nine annual instalments.

The disposal is expected to be completed by year-end, subject to the fulfilment of conditions precedent. KPS, which is majority owned by KDEB, stood to receive RM765mil in gross proceeds for its stake in Splash Holdings, the company said in a press statement.

“The group is estimated to recognise about RM331.6mil in one-off loss on disposal, which is expected to have a significant impact on the group's net assets and earnings for the financial year ending Dec 31, 2018,” it added.

KPS Chief Executive Officer Ahmad Fariz Hassan said the conclusion of its involvement in Splash was part of its efforts to grow its core businesses into industry powerhouses and generate sustainable returns for shareholders.

"The group will adopt a prudent approach on balancing current needs and future growth in utilising the proceeds,” he added.

Meanwhile, Gamuda said the proposed disposal would enable it to monetise its investment in Splash and focus on its core business.

Air Selangor's acquisition of Splash is part of the state and Federal government's effort in consolidating and restructuring the water industry in Selangor, Kuala Lumpur and Putrajaya. This is done in order to increase water reserve margins and reduce non-revenue water, and get a step closer to achieving uninterrupted water supply within the Klang Valley and nationwide. - Bernama

Posted by Boneka > 2018-09-28 20:37 | Report Abuse

SPECIAL DIVIDEND SOON?
Despite remaining silent on any special dividends announcement after accepting the deal in Aug, we still believe KPS will distribute part of its cash proceeds from sale as special dividends to reward its loyal shareholders, with the state of Selangor holding about 63.4% stake.

To recap, KPS paid out a special dividend of RM99m or 46% from the total proceeds of RM213m in Oct 2013 following the completion of disposal of its 56.57% stake in Kumpulan Hartanah Selangor Bhd (KHSB) to Kumpulan Darul Ehsan Bhd (KDEB) in Sep 2013.

For conservative approach and assume a 40% distribution from the RM570m cash upfront (rather than using RM765m), shareholders can expect a 42sen bumper special dividend.

On the other hand, even after deducting total net debt of RM453m in 2Q18, we still can expect at least RM117m or 22sen per share to be distributed.

Hence, given the potential special dividend ranging from 22-42sen per share, this will translate into a whopping yield of about 13.9%-26.5% based on KPS’ closing price of RM1.58.
************************************""""""""
From their in-depth analytical writeup, Hong Leong Research has meticulously illustrated on the Special Dividend that is expected to be paid out.

As such, it is not surprising that they must have collected enough shares by now and having the last laugh.
On a side note, credit must be given to the uncanny operator in keeping the price down until the closing for reason known to you and me...Lol..

Still expect to buy at 1.52? Come Monday, you be the judge.
Cheers and have a blessed weekend ahead!

Posted by Ron90 > 2018-09-29 02:49 | Report Abuse

whos the stupid analyst that expect dividend announcemet just after the signing of SPA???.. wait la..money not yet bank-in.. I dont expect bumper dividend coz the mgmt might use most of the proceed to expend business.

Posted by PenguinDad > 2018-09-29 10:30 | Report Abuse

bonus is better n dividend is draining the cash flow. bonus company retain money n shareholder is happy.

Posted by PenguinDad > 2018-09-29 10:38 | Report Abuse

the deal there is a 9 years of payment of rm20mil per year.

Posted by PenguinDad > 2018-09-29 10:40 | Report Abuse

bonus is paper money only through klse than turn into real money but the real money is still with KPS for growth.

Posted by param54 > 2018-09-29 14:42 | Report Abuse

keep for the next quarter

Posted by PenguinDad > 2018-09-30 09:13 | Report Abuse

next quarter then next year then next decade then forever n.......................

Posted by smartinvestor2 > 2018-09-30 10:20 | Report Abuse

Monday kps crash____ impairment loss... nta drop drastically

Meanwhile, the divestment of a 30% stake in Splash is set to cost a one-time disposal loss of about RM331.6 million for Kumpulan Perangsang Selangor Bhd.

Posted by Spectre888 > 2018-09-30 21:55 | Report Abuse

ANTICIPATED SPECIAL DIVIDEND NEVER FAIL TO DELIVER
For the discerning few who are hardworking enough to search for a company that is going to pay a big fat Special Dividend (usually after some assets sale), you will notice that upon the approval, the company's share price will definitely shoot up.

All of them carry the same trait - prior to the announcement, the share price will gap up accordingly to reflect the cash payment back to the shareholders.

So, identifying the right company with such a catalyst and boarding it timely before the confirmation is extremely crucial.

In conclusion, KPS seems to fall under this scenario. Whether to position yourself ahead or not...you decide. Goodluck!!

Posted by param54 > 2018-10-01 09:04 | Report Abuse

all run.funny

Posted by rogers123 > 2018-10-01 09:41 | Report Abuse

Despacito Isnin...kaboom...wakaka!!!
28/09/2018 20:41 <-- Cry until no tear lor. Come to INSAS

Posted by rogers123 > 2018-10-01 09:41 | Report Abuse

Hahahahaha

JJchan As a company concerned, where do you think KPS's huge Retained Earnings comes from?????
If i am Not wrong, 90%+ of RM816,463,000 Retained Earning comes from Splash (Golden Goose).

All Good things has to come to a End( Selangor wants back Splash). With this sale, a accounting
entry to register a loss RM331.6 million is charged to Retained Earning. As of 30 Sept 2018,
KPS Retained Earning is still Very Black-----RM484,836,000 (enough for 90 cents Dividend)

However, KPS will receive RM765millions "Cold Hard Cash" (you can count with your fingers)
from Air Selangor / PAAB soon.

You cannot take "retained earnings account" to Genting to Bet-----But 765m "Real Money" is
a completely different Ball Game---------infinite ways to use ( Can become a "Ah-loong too )
30/09/2018 16:13 <--- He likes to BS again

Posted by rogers123 > 2018-10-01 09:53 | Report Abuse

Hahahaha. Loss until mother cant recognize son..... Good Job JJchan.

Posted by rogers123 > 2018-10-01 09:54 | Report Abuse

JJchan who bought million at 1.95+++, cham lor. Wat shaking monkey, shark cornering... Alll become ur Bs legend. Hahahaha. Told u all to sell at 1.95++, dont believe me. Now u have to pay off

Posted by samyew1234 > 2018-10-01 10:13 | Report Abuse

told u all to sell d ma