Posted by hng33 > 2019-03-04 17:31 | Report Abuse

Aside monetized 30% splash, next will be 20% sprint highway. KPS have continuous incur its share of loss in 20% sprint highway. Sprint highway is targeted to turnaround these year after granted scheduled toll hike these year.

But, gov have decided to take over highway now. Therefore, if successful take over by government will allow kps not only able to recoup its investment cost in sprint, but with possible compensation due to premature taking over concession .

Posted by cocqueen > 2019-03-04 20:30 | Report Abuse

Special Div + final div Coming soon !!

Posted by hng33 > 2019-03-05 07:59 | Report Abuse

KPS now already have core business to generate profit, growth EPS and sustain future earning.

1. Century Bond Bhd ----> packaging business
2. CPI (Penang) Sdn Bhd -----> engineering thermoplastics business
3. Smart Pipe Technology Sdn Bhd-----> replacement selangor pipe business
4. King Koil Manufacturing West LLC ----> Licensing fees
5. KPS-HCM Sdn Bhd 51% -----> road and highway construction and maintenance
6. Aqua-Flo 51% ------> water treatment chemical supplier


The cash from the divestment is expected to receive an upfront cash payment of RM570 m or about RM1.06 per share with the remaining RM195 million to be paid in installments over a period of 9 years. This would increase the cash and bank balances for KPS to RM736m from RM166m. The board of management will allocate these fund to 3 buckets below

1. Reduce borrowing, trim down gearing from 0.5x to comfortable level 0.3x
2. Special dividends reward shareholders
3. Acquire new business and expand current business

The proportion of each bucket allocation is subject to balance consideration of each bucket, but if you look at KPS historically, whenever kps have major divestment, there will be special dividend to aligned with optimizing shareholders returns.

Posted by cocqueen > 2019-03-05 09:28 | Report Abuse

exactly my point...good job hng33 !!

Posted by upsidedown119 > 2019-03-05 12:43 | Report Abuse

But market don't seem to buy...

Posted by upsidedown119 > 2019-03-05 13:21 | Report Abuse

KPS is diversifying everywhere and nowhere. I hope their top manangement reads this. It is now just a kedai runcit - a recipe for low valuations.

With the payment from SPLASH, it has a chance to focus, I hope in the new economy. Build on its packaging unit by building up a high tech internet business focusing on the Asean market and we shall see valuations shooting through the roof,

KPS is well-positioned to do this. But alas, its management....!

Posted by fzank > 2019-03-05 15:24 | Report Abuse

♫ If Kay-Pee-S brings you happiness ...
Then I wish you all the best ....
I'll be there for you before the next Water-fall .... ♫

Posted by upsidedown119 > 2019-03-05 15:27 | Report Abuse

You mean AFTER the next waterfall.

Posted by upsidedown119 > 2019-03-05 16:31 | Report Abuse

KPS says: I am coming down to dance with you baby, dancing with the moonlight melody, dancing with you cheek to cheek before I soar, high again with you at the 12th waterfall!

Posted by upsidedown119 > 2019-03-05 16:37 | Report Abuse

And if you wish me to baby, I could come down lower, To retrieve you at the turn of a ringgit, But I fear your heart would flutter and murmur, and hng33's front-running suffers a sharp retreat!

Posted by upsidedown119 > 2019-03-05 16:51 | Report Abuse

And it is no use trying to stem me, I shall have you where and when I desire you, And not even hng33's full frontal can fog reality, of you squirming helplessly underneath me!

Posted by upsidedown119 > 2019-03-05 16:54 | Report Abuse

A desperate lunge to stem the tide at 1.33 on 100 units!

Posted by keyin > 2019-03-05 23:12 | Report Abuse

Crashed

Posted by keyin > 2019-03-07 17:16 | Report Abuse

Kk ,goreng kps few years also same..Lousy ph

Posted by cocqueen > 2019-03-07 17:17 | Report Abuse

tmorrow a big shark will eat the big fish

Posted by upsidedown119 > 2019-03-07 21:44 | Report Abuse

Unlikely...

Posted by keyin > 2019-03-08 09:41 | Report Abuse

Crashed sign

Posted by upsidedown119 > 2019-03-08 18:35 | Report Abuse

KPS says:

"Baby can't you see it's just no use,

Big shark won't come to your rescue,

And please don't follow hng33's folly,

In his crazy running in front of me!

Posted by cocqueen > 2019-03-12 10:21 | Report Abuse

Jaws coming

Posted by IronShirt > 2019-03-12 11:58 | Report Abuse

What money can you make,,,,,Buy 1.30 and sell 1.33,,,,,,So, 40K at 1.33 and 21K at 1.34 are just
Big Fish Blocked

Posted by luiws123 > 2019-03-12 14:46 | Report Abuse

Jj chan’s confidence on kps has deteriorated

Posted by IronShirt > 2019-03-12 16:03 | Report Abuse

JJ always do opposite

Posted by IronShirt > 2019-03-12 16:52 | Report Abuse

looks like someone want to push

Posted by cocqueen > 2019-03-12 16:55 | Report Abuse

told u guys already...jaws coming

Posted by upsidedown119 > 2019-03-12 17:00 | Report Abuse

Not yet jaws....

Posted by keyin > 2019-03-12 17:08 | Report Abuse

Boring stock

Posted by rogers123 > 2019-03-13 15:47 | Report Abuse

JJchan If you want to Buy, now it is time. Big Fish has put up block from 1.34 / 1.38 ( not my share bcoz i
don't need anymore ) Next week, you will not get this price---too near announcement---Contra
players will be flooding in
07/03/2019 14:22

JJchan big fish quickly removed block from 1.35 and 1.37-----all just show( he keeps a Eagle Eye on this forum)----Anyway big fish is big fish
07/03/2019 17:03. <--- hahaha. U have been calling people to buy from 1.96 to..........where got so much money to avearge down? Or u r just joking with us? Everytime u give a vuy call, for sure with down

Posted by rogers123 > 2019-03-13 15:50 | Report Abuse

JJchan as i said before there is a Big Fish here (trying to collect lower and lower) But everytime he tries
to collect back, he found that he is getting less back for what he throws out. Bcoz he has to share
some with me.( easy job for me just smoke cigar and watch )
06/03/2019 11:22 <--- another bulzhit. Hahaha

Posted by rogers123 > 2019-03-13 15:51 | Report Abuse

If the price falls after the earning surprise annnoucement, there must be something has gone wrong.

Posted by rogers123 > 2019-03-13 15:52 | Report Abuse

I have sold all kps wat i bought from 1.20-1.35 last month before the quarterly annoucement

Posted by rogers123 > 2019-03-13 15:54 | Report Abuse

Jjchan: dayang rubbish an( ah pek share? Omg it is 1.67 higher than kps alot

Posted by rogers123 > 2019-03-13 15:55 | Report Abuse

Now is o&g , later will be ecrl

Posted by cocqueen > 2019-03-13 15:56 | Report Abuse

get lost la roger..talk c ock..no credibility...all bulls hit story

Posted by rogers123 > 2019-03-13 23:58 | Report Abuse

cocqueen: read my record for kps before talk. This is the best performance of my stock last year. Shorting kps.

Posted by IronShirt > 2019-03-14 14:10 | Report Abuse

Kps will be the most powerful Rally Horse next week,,,,,,,First stop 2.00

Posted by keyin > 2019-03-14 14:28 | Report Abuse

Dreaming..U turn government

Posted by IronShirt > 2019-03-14 14:31 | Report Abuse

500million++ CHEQUE already Signed,,,,,what you want? KWAP are buying Gamuda shares
like Crazy

Posted by hng33 > 2019-03-14 14:53 | Report Abuse

GOOOOOOOOOOOOOOOOOOOOOOOO

Posted by cocqueen > 2019-03-14 14:54 | Report Abuse

Naim 2 coming..

Posted by cocqueen > 2019-03-14 14:55 | Report Abuse

soh chai la roger!..ha ha ha!

Posted by hng33 > 2019-03-14 14:59 | Report Abuse

courting down time for splash completion ---> special dividend + final dividend

Posted by hng33 > 2019-03-14 15:32 | Report Abuse

be patient ya, time soon will come to reward shareholder handsomely.

Posted by upsidedown119 > 2019-03-14 15:44 | Report Abuse

Yeah, maybe jaws this time...?

Posted by hng33 > 2019-03-14 15:45 | Report Abuse

KPS historically, whenever kps have major divestment, there will be special dividend to aligned with optimizing shareholders returns. The potential special dividend 50sen/share is highly expected.

Posted by Bullish > 2019-03-14 15:59 | Report Abuse

A top investment guru buy in KPS

Posted by cocqueen > 2019-03-14 16:02 | Report Abuse

only idiot w sell today

Posted by fzank > 2019-03-14 16:05 | Report Abuse

♫ Long Time ago ... in i3-land,
A holy man once said ... ♫
Call-Wind Tang-End ... B-J King ...
was borned on April Fools Day ..

♫ Hark now hear , the angel sing ..
a New kind of king is born ..
Call-Wind Tang-End ... is his name ..
and B-S is his game ... ♫

Posted by fzank > 2019-03-14 16:12 | Report Abuse

♫ if Kay-pea-s brings you happiness ....
then I wish you all the best ...
♫ I'll be there ... before the next .. share price fall ...

Posted by hng33 > 2019-03-14 16:13 | Report Abuse

Bullish breakout! Bullish breakout! Bullish breakout!

Posted by hng33 > 2019-03-14 16:25 | Report Abuse

Yes, breaking RM 1.40, more to go heading for upcoming handsome special dividend