Posted by ymj1016 > 2019-04-27 13:35 | Report Abuse

sell good business so cheap.
buy bad business so expensive.
one word....POOR MANAGEMENT

Posted by ymj1016 > 2019-04-27 13:54 | Report Abuse

Nothing to shout about after lost their core business.
should have a low valuation. Sell before it drop down below 1.00

Posted by PenguinDad > 2019-04-27 14:51 | Report Abuse

special dividend RM0.326

Posted by ding dong > 2019-04-27 15:01 | Report Abuse

Calvin what is yr take ...kps smart pipe vs fitter(PVC-O pipes) as if they are competing on the same bizz...

Posted by sell > 2019-04-27 15:17 | Report Abuse

Expect 60 sen SD but pay 32.6?

Posted by JJchan > 2019-04-27 15:53 | Report Abuse

If Sharks dare to push down on Monday, i will be waiting 20cents down. Sapu everything including their underwear.
Last Friday sharks had to use 300K to push down 3cents bcoz they didn't inform me so i just fed on
what was easily available ( called Roger123 to join the party but he "keep" running around like a
headless Chicken)
Pushing further down is Shark Wet Dream ( also my dream But the cost is high)
Only 9 Trading Days left(13May---you get 36.85cents), Shark dare to throw millions and then hope to collect back. KPS is a illiquid Stock below RM2.00. And there this LTH holding only 3.88%(previously 5%) buyback can hit 6-7million. KPS's liquidity at RM2.50 will be worst than PetronM (reverse scenario unlike other shares but similar to PetronM)

Posted by JJchan > 2019-04-27 16:08 | Report Abuse

PVC-O and KPS smartpipe is completely different in application term. PVC-O is Rigid pipe but
Smartpipe is like soft HDPE (comes in Roll form like your Garden Hose) Smartpipe puncture strength is close to soft mild steel strength and it is designed to be inserted into existing Old pipes.
PVC-O pipe maxi length is 20feet and then a Coupling( joint)----Smartpipe joint is every mile or
one kilometre

Posted by calvintaneng > 2019-04-27 16:10 | Report Abuse

Ding dong

Azmin already chosen smartpipes for Kps selangor
There is no contest

Posted by calvintaneng > 2019-04-27 16:14 | Report Abuse

And now

PH Govt already received extra Rm30 billions from Petronas

AND also extra cash from samurai bond in japan

Then even more cash from panda bond in China

RM3 billions were given to Datuk Muhkriz state of Kedah and Bdb being Kedah Prk stronghold went limit up

Next will be Azmin Selangor state of which Kps is its 63% owned

So question is how much will Azmin allot to Kps?

RM3 billions like in Kedah or even more?

Posted by calvintaneng > 2019-04-27 16:16 | Report Abuse

Kps = Kumpulan Pkr Stronghold

Posted by ymj1016 > 2019-04-27 17:14 | Report Abuse

sell on news

Posted by chkhooju > 2019-04-27 17:15 | Report Abuse

In this case, the above, must be a very STUPID PERSON!! indeed.

Posted by JJchan > 2019-04-27 17:26 | Report Abuse

I taught 1.450 and below got no loose holders bcoz i made sure i swept all the corners before going up to 1.50

Posted by JJchan > 2019-04-27 18:21 | Report Abuse

Last 3 months, average price is above 1.30----Past 365 days lowest price is 1.20 (average 1.65-- 1.70 ) The idiot who intend to sell at 1.51 on Monday must have cost 1.15 ( 1.51-0.3685)----The
person i know who has 1.15 as cost are Roger123 and ymj1016--- Bought kps in Jun/July 2016

Posted by keyin > 2019-04-27 18:24 | Report Abuse

Monday limit down

Posted by Boneka > 2019-04-27 18:35 | Report Abuse

Truly grateful for the generous Sp Div of 32.6sen for I was only expecting a more conservative figure of 25.75sen only.
Hoping to catch it cheap again at 1.20 is a forgone conclusion. Many of my kakis who missed the boat have only themselves to blamed for they weren't anticipating the Sp Div to be announced so swiftly...sob2x!
Monday will be totally a new ball game for the sleeping beauty has awakened. Being a cornered share, a limit up cannot be discounted!!
At the same time, they could be unvieling numerous new projects that had already been secured... read in btwn the CEO's lines below...

“Returning capital to shareholders in the form of this 32.6 sen special dividend is a reflection of KPS’s recent results of its corporate exercise, strong financial position and our confidence in the company’s financial future. It is also a way of rewarding our shareholders for their continuous support on the company’s corporate exercise and strategic initiatives.

"Our excess capital remains at a level which will afford us the financial flexibility to grow our business and ensure a healthy balance sheet.” said Ahmad Fariz Hassan, the managing director and chief executive director of KPS.

“With the completion of Splash divestment, we can now be fully focused in executing our business transformation and value creation plans to unlock the full potential of our core businesses, thus on track to create long term value and generate greater sustainable returns for Perangsang Selangor and all our shareholders,” he added.

Posted by calvintaneng > 2019-04-27 19:34 | Report Abuse

Noted: We can now be fully focused in executing our business transformation

That is, from water selling to smartpipes selling

AND smartpipes of 40,000 kilometers will bring in higher revenue and profits

Posted by calvintaneng > 2019-04-27 20:39 | Report Abuse

More: and value creation plans to unlock full potential of our core businesses,

Namely.

1. Smartpipes. Water is a basic utility. Smartpipes are necessities

2. Cenbond. In paper packaging for ecommerce. Plastic stretch film. Cement bags manufacturing
Ecrl and Bandar Malaysia need lots of cement. By proxy lots of cement bags needed

3. King koil mattress. Human beings need to sleep 8 hours daily. And sleep is a necessity

4. Kps-hcm
This one will get lots of jobs from Ecrl as Ecrl passing through Selangor state

One more thing on stand by. Since Kps belongs to Selangor Govt and Selangor Govt after getting rid of Gamuda and other entities could again award Selangor Job to Kps.

Splash One over for good

Splash Two could be revived for Kps as the sole water concessionaire

So in the game plan of Selangor Govt Kps will have a very safe and secured future

Posted by calvintaneng > 2019-04-27 20:44 | Report Abuse

Just imagine

Pba is the sole water player for Penang

Saj the sole water player for Johore. Saj was privatised and relisted again

So for the same reason Kps could get Splash 2.
In this case only Kps will the the only sole concessionaire for Kps again

THE golden goose is not killed. Only taken private by Selangor Govt. And could be given back as a Whole 100% to Kps later.

So think out of the box

If Saj could be relisted why not Water job restored to Kps?

Posted by JJchan > 2019-04-27 20:45 | Report Abuse

Actually Calvin missed another Huge project that no ones in Selangor wants to talk about bcoz
of the cost involved. " SEWERAGE pipe"----I talk about it 6 months ago here( mostly talking to Walls)
Most Housing projects (within 40 years )in KL/Selangor are connected to a central sewerage pipe
but most Kampong within 20 Kilometre outside KL are Not connected at all.

Worst of all, those 40years Old sewerage pipes are cracking up. The last one i saw is beyond repair. Contamination to ground water is 100% (cannot mention the area here)
Currently i saw they are testing a sewerage Smartpipe for replacement (Big, big Cost involved)

Posted by JJchan > 2019-04-27 21:07 | Report Abuse

https://www.theedgemarkets.com/article/kumpulan-perangsang-acquires-majority-stake-pipe-company

Digging up a sewerage pipe---the smell is beyond, beyond control. If you slide a smartpipe in without digging up the old pipe, only the smartpipe Bangla operator will die after 5-6 years( just kidding)

Posted by ding dong > 2019-04-28 02:00 | Report Abuse

all the above tq for sharing....disregard what ever happen till 13 may, sound like kps volume would fast depleting from the market and price maybe ding dong around 1.50 to 1.80 for long time player to slowly collect n to kill small player, probably just like gadang game some time ago...started around 50cent , ding dong around 80cent for long time end up at rm3 in 4 years...my guess kps would be ding dong around 1.80 for at least next 1 to 2 years and end up at around rm4.00/rm4.50 in 4 to 5 years ......

Posted by investor1458 > 2019-04-28 09:33 | Report Abuse

Tomorrow can Ding Dong to what price?

Posted by Veron_teo > 2019-04-28 10:11 | Report Abuse

1.8-2.0

Posted by JJchan > 2019-04-28 11:15 | Report Abuse

I generate a Buy-Back scenario based the amount of Cash Available (cash from dividend) and Known dividend payout as Jun 2019 ( 36.85 cents )
Total Dividend payout RM200,832,500 ----NOSH: 545mil----
Total shareholders( KDEB, PKNS, LTH, Others + 30 Big Fishes)= 79.92%
Free Float is around 109.436 mil

Due to 30% Free Float requirement of Bursa, KDEB & PKNS are excluded in the calculation:
From Annual Report 2018, it is expected 16.53% of Big Fish( excluding BB holding less than 900K)
would use Cash Dividend to do Buy Back ( Cash Dividend available RM33,197,612 after Jun 2019)

This scenario excludes Fresh Fund from outside and Cash Dividend from Big Fish holders 800K and below----------

Market Price(as of 29 Apr)------------------nos. of Sellers needed (RM33mil / market price)
1) 1.50--------------------------------------------22.13mil
2) 1.90--------------------------------------------17.472mil
3) 2.00--------------------------------------------16.59mil
4) 2.20--------------------------------------------15mil
5) 2.50--------------------------------------------13.27mil
6) 2.80--------------------------------------------11.8mil
7) 3.00--------------------------------------------11mil
8) 3.50--------------------------------------------9.48mil
9) 4.00-------------------Calvin Dream-------8.3mil
10) 15.0 -----------------------------------------2.2mil ( Last Friday Closing; Seller only 300K ++ )

Scenario is just a reflection how tight KPS liquidity is, if Cash Dividend is Directed to BuyBack
( I am already a buyback kaki)

Posted by JJchan > 2019-04-28 11:43 | Report Abuse

Just for fun calculation only( nothing real), if KDEB,PKNS + all Big Fish in 30 Top holders do buyback ( RM2.0 )together, KPS free float Left in the market is only 9million and this also
excludes Big Fish holding 800K and below ( No more shares for them )

Posted by SinGor > 2019-04-28 12:40 | Report Abuse

JJchan, what if KPS doesnot enlarges its nos. of shares, i mean free float?

Posted by JJchan > 2019-04-28 13:03 | Report Abuse

In actual fact, it is investors holding 800K and below that will buy-more after KPS give cash to them. I used top 30 bcos there are # in the Annual Report. This group is 20% larger than top 30.
Once free float falls below 10%, market price will rocket. Similar to HapSeng, HL Bank, Public Bank
and PetronM( still depends on Oil). This is the different between Cash Dividend and stock Bonus( raise cash by selling). Cash dividend is Viagra ( don't dilute nosh)
If hit RM10 end-year (PH will have Bragging Rights), maybe management will enlarge shares

Posted by IronShirt > 2019-04-28 15:08 | Report Abuse

broken sewerage pipe is really a problem. Ask 200 house owners not to berak for 30 days while sewerage pipe is being repaired. All nearby longkang will be full of shit

Posted by goodguess > 2019-04-28 16:08 | Report Abuse

@JJ, how much is SPRINT worth? KPS has always wanted to sell its 20% portion. Another millions there can be use to pay dividend or buy up other investments. KPS = Kita Pasti Success !

Posted by IronShirt > 2019-04-28 16:35 | Report Abuse

Good sell Sprint and give Cash Dividend. Don't want Stock Bonus, so mother always Up, Up

Posted by Mabel > 2019-04-28 16:41 | Report Abuse

KPS.. Kita Pasti Selamat :)

Posted by JJchan > 2019-04-28 17:12 | Report Abuse

https://www.thestar.com.my/business/business-news/2012/06/21/kps-mulls-selling-highway-stake/

Goodguess-----Kps bought Sprint for 130mil in 2002 ( don't know the rest of the maintenance cost)

Maybe price for 17 year compound by 4.5%= 270 mil

Another Cash Dividend of 35 cents in 2019 --maybe (just Guess)

Posted by JJchan > 2019-04-28 17:15 | Report Abuse

I like KPS management----very Good pay master----always reward themselves and Us

Posted by Aseng > 2019-04-28 17:24 | Report Abuse

once in the life time
to cheer.... or to sigh .....

Posted by IronShirt > 2019-04-28 17:32 | Report Abuse

JJ, maybe more than 270mil for sprint, so 36.85 + 35 (sprint) = 72 cents Dividend in 2019

Posted by ding dong > 2019-04-28 19:42 | Report Abuse

wow sound nice ....more money to come. .but my expectation may be just like dutaland ..
just push a little bit to cover price adjustment...i.e push around 1.90 n ex-dated price would be around 1.50....just guessing....

Posted by calvintaneng > 2019-04-28 19:46 | Report Abuse

Sprint is a very busy expressway so it is a Cash cow. If sell should get a premium of 20% extra or 42 sen. Plus cenbond at 39 sen is at 2016 year cost. Add 15 sen for 3 years dividend cenbond should have a current value of 54 sen

So 36.85 + 42 + 54 = Rm132. 85

I think should be contented with 36.85 sen payout enough

Sprint is another golden goose like Litrak

Cenbond will be a very super super great growth company that can rival Muda.

Posted by calvintaneng > 2019-04-28 19:48 | Report Abuse

Cenbond can easily beat coldeye's ornapaper hands down.

Posted by hotsteel > 2019-04-28 20:03 | Report Abuse

All give sweet talk on kps although in reality kps will be in bad shape after selling their golden asset.
Just be careful on those sweet-talker

Posted by Aseng > 2019-04-28 20:27 | Report Abuse

My sifu is hng gor
He can smell where is the money

Posted by ding dong > 2019-04-28 20:31 | Report Abuse

....no worry qtr report will show the actual colour of kps....

Posted by IronShirt > 2019-04-28 22:10 | Report Abuse

hotsteel you are a illiterate. Go check dictionary what illiterate mean. Don't know how to read
quarter report yet able to blow hot air. Really a A class Con-man

Posted by chkhooju > 2019-04-28 22:13 | Report Abuse

Hotsteel missed the boat. That's why he is crying. He will continue crying until tomorrow.

Posted by AlphaBetaGamma > 2019-04-28 23:22 | Report Abuse

I think I'm using 20% of my bonus to buy a good Kingkoil bed. Will definitely sleep well, very well indeed

Posted by calvintaneng > 2019-04-29 07:52 | Report Abuse

How much KPS is worth?

https://klse.i3investor.com/blogs/howmuchkpsworth/163544.jsp

Posted by IronShirt > 2019-04-29 08:46 | Report Abuse

Even JJchan give Tp 3.30 & CalvinT give To 3.0......This value just reflect acquisition price----wow

Posted by Mikkel Low > 2019-04-29 09:02 | Report Abuse

Sold @ 1.69

Posted by huatchye > 2019-04-29 09:05 | Report Abuse

crazy liao, jumped 10.59%

Posted by calvintaneng > 2019-04-29 09:14 | Report Abuse

Don't simply sell first

KPS Management immediately declared Special Dividend of 32.6 sen just After Splash payment

Next will be a BIG JOB AWARD FOR SMARTPIPES!

Hold on for higher prices!!