Posted by AlphaBetaGamma > 2019-04-24 14:58 | Report Abuse

Wonder who's the sellers? Or izzit fake sellers? 50 cents dividend also don't want... Sorry, 1.60 also I not interested to sell

Posted by Despacito > 2019-04-24 15:00 | Report Abuse

Alhamdullilah! Bayaran 1.90B sudah diterima!
Apa tunggu lagi...BUY, BUY, BUY!!!

Posted by IronShirt > 2019-04-24 15:06 | Report Abuse

someone is cornering the stock price.....last few days could be JJchan but this afternoon who?

Posted by Elixir33 > 2019-04-24 15:06 | Report Abuse

KPS ACTIVELY PURSUING ECRL JOBS AND PIPE CONTRACTS ,BOOM

Posted by IronShirt > 2019-04-24 15:14 | Report Abuse

we forgot LTH ( under 5%) Buying for Dividend......yes it must be LTH. Last few day Sell Q is very few...........Just buy Buy screw LTH

Posted by Investar2862 > 2019-04-24 15:16 | Report Abuse

Pursuant to Paragraph 9.03 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”), the Board of Directors of Perangsang Selangor, save for the Interested Directors, wishes to announce that the Conditions Precedent in the SPA has been fulfilled on 22 April 2019 and the Offer has now become unconditional.



Following the above, SPLASH Holdings, being a 30% associated company of Perangsang Selangor, had on 24 April 2019 received the Upfront Sum of RM1.90 billion from Air Selangor. As such, the Offer has been completed on even date. Accordingly, SPLASH shall cease to be a subsidiary of SPLASH Holdings with effect from 24 April 2019.



This announcement is dated 24 April 2019.

Posted by Bullish > 2019-04-24 15:18 | Report Abuse

Good news?

Posted by hng33 > 2019-04-24 15:31 | Report Abuse

special dividend to announce very very very soon,

Posted by Mabel > 2019-04-24 16:05 | Report Abuse

I'm glad to join the bandwagon!

KPS is now up 3% from my purchase price this morning.

Have a great day guys!

Posted by Boneka > 2019-04-24 16:25 | Report Abuse

Finally, it's sealed :-)

Gamuda and Perangsang Selangor own 40% and 30% stakes in SPLASH Holdings respectively.
Gamuda and Perangsang Selangor said SPLASH Holdings "had on 24 April 2019 received the upfront sum of RM1.90 billion from Air Selangor. As such, the offer has been completed on even date. Accordingly, SPLASH shall cease to be a subsidiary of SPLASH Holdings with effect from 24 April 2019."
http://www.theedgemarkets.com/article/gamuda-perangsang-selangor-say-splash-offer-turns-unconditional?type=malaysia

Posted by Huat1 > 2019-04-24 18:01 | Report Abuse

KPS public float percentage is 28.38% only!

Posted by IronShirt > 2019-04-24 18:35 | Report Abuse

I also count just now using Annual Report.....minus those holding 900K( top 30).....Public ikan
bilis holding 20% only.....around 100million shares{ easily cornered}

Posted by hng33 > 2019-04-24 19:11 | Report Abuse

Very informative and detail annual report presented by KPS.

Posted by hng33 > 2019-04-24 19:18 | Report Abuse

Selangor state government control 63.4% in KPS via KDEB 57.9% and PKNS 5.5%. The LTH control another 3.9%. All these GLC are key beneficial on KPS special dividend soon.

Posted by IronShirt > 2019-04-24 20:21 | Report Abuse

when Mahathir comes back from China next week, we should have details what KPS-HCM can gain from ECRL. maybe we should ask during AGM

Posted by husky88 > 2019-04-24 21:37 | Report Abuse

Dreaming

Posted by hng33 > 2019-04-25 08:27 | Report Abuse

In the latest just release annual report, page 34 state clearly use of cash proceed to reward shareholder

Upon completion of the divestment, Perangsang Selangor stands to receive RM570.0 million cash in addition to nine annual instalments totalling to RM195.0 million. The cash proceeds will be utilised for paring down debts, financing future acquisitions and distributing dividends to shareholders.

Posted by 123456 > 2019-04-25 08:31 | Report Abuse

Buy buy buy.....

Posted by hng33 > 2019-04-25 09:07 | Report Abuse

On 30 January 2019, kps drew down RM300.0 million from the RM500.0 million Islamic Medium-Term Note Programme to refinance the Group’s existing borrowings RM 611m. The objective of the refinancing is to reap savings arising from relatively lower financing costs as well as to optimise the cashflow management of Perangsang Selangor due to elongation of the principal repayment.

Cash and cash equivalents of the Group increased to RM166.4 million as at 31 December 2018 as compared to RM79.0 million the year before. This was due to higher cash balances at CPI and KPS-HCM.

Therefore, the upfront splash disposal 570m will boost Kps exiting cash hoard to 736 m. As 300m of 611m borrowing just refinance, thus, if Kps wanna to pare down further balance borrowing total 311m, it still have cash balance 425m. Therefore, Kps can afford to payout at least half of these cash as special dividend 40sen/share and reserve another half for business expansion.

Kps cash flow will keep increasing over next 9 year from installment 22m annually from balance splash disposal.

Posted by johnny cash > 2019-04-25 12:21 | Report Abuse

https://eaglevisioninvest.com/

Posted by IronShirt > 2019-04-25 12:42 | Report Abuse

JJchan give Tp 3.30......Calvin Tan give Tp 3.0 { This 2 persons are always at ODD with each other but with Tp so near apart......they are seeing somethings very similar }

Posted by calvintaneng > 2019-04-25 13:11 |

Post removed.Why?

Posted by IronShirt > 2019-04-25 14:42 | Report Abuse

big institutional buyer wants to collect for Dividend & future. They will block. {See those blocks}

Posted by IronShirt > 2019-04-25 14:47 | Report Abuse

wait for CalvinTan armada to arrive { don't sell}

Posted by hng33 > 2019-04-25 15:11 | Report Abuse

add all kps at 1.55-1.56

Posted by calvintaneng > 2019-04-25 15:13 | Report Abuse

Hng33
Listen hng33

Don't simply sell this one after it goes up a little on special dividend news ok?

Last time you sold Drb-hicom too early and it went on to double

So learn to invest longer term for once

Posted by keyin > 2019-04-25 15:18 | Report Abuse

Lousy stock, always dreaming splash

Posted by cocqueen > 2019-04-25 15:25 | Report Abuse

look like smartpipe is revolutionary product...imagine the O&G sector, water and sewerage. mkt for this....this could be big !!

Posted by IronShirt > 2019-04-25 15:26 | Report Abuse

Institution Buyer chicken -out ....cutting block so fast

Posted by cocqueen > 2019-04-25 15:28 | Report Abuse

yup...special div ann is coming

Posted by upsidedown119 > 2019-04-25 16:05 | Report Abuse

hng33 is one-night stand play as far as shares are concerned. Go by the charts not by anyone's farts.

Posted by Investor 999 > 2019-04-25 17:24 | Report Abuse

Bought 300K shares at 1.550

Posted by IronShirt > 2019-04-25 17:42 | Report Abuse

wow,,,,,,big fish

Posted by calvintaneng > 2019-04-25 19:19 | Report Abuse

Investor 999 the smartest

Weak holders now selling to smart hands

Posted by 55880955 > 2019-04-25 19:48 | Report Abuse

this counter become penny stock like puncak after ex-dividend
only socai hope too much on this counter.

Posted by calvintaneng > 2019-04-25 21:36 | Report Abuse

Calvin has this to say about the difference between Puncak & KPS

Puncak is owned by private entity as such there is suspect of siphoning out money through inflated Oil Palm estate purchase like what FGV did in Indonesia

KPS is owned by Selangor PH Govt so there is the need for accountability

AND SO FAR KPS MANAGEMENT HAS DEMONSTRATED HARD WORK LIKE

1) GOING TO NETHERLANDS TO GET THE LICENSE FOR SMARTPIPES

2) STARTING KING KOIL MASTRESS FACTORY IN USA

3) TAKING CENBOND PRIVATE

4) SETTING UP INFRAR COMPANY KPS - HCM TO BID FOR JOBS

GIVING FRANK INTERVIEW TO EDGEDAILY & OTHERS

SO THE UNWARRANTED FEAR OF KPS BEING ANOTHER PUNCAK IS UNFOUNDED

ALL THE ABOVE TABLE TRANSACTIONS & EFFORT PUT IN WILL RESULT IN A GREAT COMPANY

Posted by cocqueen > 2019-04-26 02:29 | Report Abuse

thanks calvin...excellent work!

Posted by hotsteel > 2019-04-26 03:23 | Report Abuse

loss the core business.
now doing rojak business.

Posted by Investar2862 > 2019-04-26 06:51 | Report Abuse

It is normal for different people see things differently

Some see as Opportunity...
Some see as Threat...

I see KPS as a great opportunity to increase my wealth

:D))

Posted by rogers123 > 2019-04-26 07:36 | Report Abuse

Sailang kps today. Hahaha

Posted by rogers123 > 2019-04-26 07:38 | Report Abuse

Wah! 3.00. jjchan will become very rich, he bought at 1.96

Posted by calvintaneng > 2019-04-26 09:29 | Report Abuse

VERY GOOD MORNING ALL

I SEE THIS KPS WILL ALSO BENEFIT INDIRECTLY BY THE ECRL & BANDAR MALAYSIA BULL RUN

BOTH LAFARGE & TASEK CEMENT COMPANIES HAVE GONE UP BY 20% TO 30% & STILL GOING UP

LOTS & LOTS OF CEMENT WILL BE NEEDED FOR HEAVY INFRAR JOBS

AND CENBOND HAS CORNERED 60& OF THE CEMENT BAG MARKET IN MALAYSIA

SO CENBOND NOW BEING ALMOST 100% OWNED BY KPS WILL ALSO DO VERY WELL

TIME TO BUY EVEN MORE KPS ON WEAKNESS

See

http://www.sharetisfy.com/2016/08/cenbond-7171-rm175-fair-price-for.html

Posted by calvintaneng > 2019-04-26 09:33 | Report Abuse

Good morning all

I see KPS will also benefit from ECRL & BANDAR MALAYSIA Bull Run

Both Lafarge & Tasek cement have gone up by almost 30%

And Cenbond has cornered 60% of the cement bag business in Malaysia

If Lafarge, Tasek, CIMA & Ytl Cement selling more cement - CENBOND will also do more business as it supplies cement bags to them

See

http://www.sharetisfy.com/2016/08/cenbond-7171-rm175-fair-price-for.html

Posted by Mabel > 2019-04-26 10:33 | Report Abuse

I collect more today at 1.53 this morning.

Thanks Guys!

Posted by calvintaneng > 2019-04-26 13:15 | Report Abuse

Just buy

Don't contra

Wait for these 4 good good news coming one by one

1. Special Dividend

2. More Water pipe job awards. Water leakage is 30% from old rusty pipes. Think of how much profit Selangor Govt could make if they save this precious water

A) Selangor Govt will get back higher profit from water sale

B) Weary consumers will no longer face the inconvenience of water rationing

If Govt announce water pipe jobs Kps will fly up just like success transformer flew up because Zuraida wants to replace street lights to LED

3. Ecrl and Bandar Malaysia will need lots of cement. So by proxy sale of cement bags by cenbond will increase

4. More job awards for Kps -Hcm expected as Ecrl passes through Selangor state

Kps being 63% owned by Selangor Govt is sure to get some jobs

So buy, hold tight. Don't contra for small profit

From Rm1.53 to Rm3.00 almost 100% profit possible

Those who follow Calvin bought Naim at 50 sen already got more than 100% gain

So this Kps now going into a very strong turnaround

Kps is a stock whose time has finally come

The Rm765 millions is the spark

Once lighted Kps will

Kaboooom
Power
Surging!!

Posted by hng33 > 2019-04-26 14:07 | Report Abuse

In the latest just release annual report, page 34 state clearly use of cash proceed to reward shareholder

Upon completion of the divestment, Perangsang Selangor stands to receive RM570.0 million cash in addition to nine annual instalments totalling to RM195.0 million. The cash proceeds will be utilised for paring down debts, financing future acquisitions and distributing 'DIVIDEND' to shareholders.

Selangor state government control 63.4% in KPS via KDEB 57.9% and PKNS 5.5%. The LTH control another 3.9%. All these GLC are key beneficial on KPS special dividend soon.

On 30 January 2019, kps drew down RM300.0 million from the RM500.0 million Islamic Medium-Term Note Programme to refinance the Group’s existing borrowings RM 611m. The objective of the refinancing is to reap savings arising from relatively lower financing costs as well as to optimise the cashflow management of Perangsang Selangor due to elongation of the principal repayment.

Cash and cash equivalents of the Group increased to RM166.4 million as at 31 December 2018 as compared to RM79.0 million the year before. This was due to higher cash balances at CPI and KPS-HCM.

Therefore, the upfront splash disposal 570m will boost Kps exiting cash hoard to 736 m. As 300m of 611m borrowing just refinance, thus, if Kps wanna to pare down further balance borrowing total 311m, it still have cash balance 425m. Therefore, Kps can afford to payout at least half of these cash as special dividend 40sen/share and reserve another half for business expansion. In additional, Kps cash flow will keep increasing over next 9 year consecutively installment 22m annually from balance splash disposal.

very very soon good announcement will coming, be patient ya.

Posted by Investeye > 2019-04-26 15:14 | Report Abuse

Take opportunity to buy some after verify the information Calvin Tan Research and the latest annual report as well.
The most interesting parts for me are the potential dividend and the smartpipe business (http://www.smartpipetech.com.my/whats-new/ ).
The major 30 shareholders are holding about 80% shares of KPS, so the number of shares circulated in market is low. Further sell down is the opportunity to accumulate for mid term ...

Posted by IronShirt > 2019-04-26 15:52 | Report Abuse

JJ is your underpant wet now......hihihihi

Posted by ivan9511 > 2019-04-26 16:54 | Report Abuse

Mr calvin calvintaneng Just buy
Hi mr calvin now all goreng plantations
You earn money from rsaw jtiasa cb wtk kwantas all ypur plantations up so much from lowest .
You esrn how many millions this times.
Why currenttly your counters always up like mrcb az t7 destini asiap talam .
God of bursa
Help me push mkland please

Posted by upsidedown119 > 2019-04-26 16:56 | Report Abuse

Only good news I am waiting for is all water assets in Selangor injected into KPS.