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)
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
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
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.
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
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)
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)
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 ......
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----------
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 )
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
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
@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 !
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....
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.
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
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ymj1016
216 posts
Posted by ymj1016 > 2019-04-27 13:35 | Report Abuse
sell good business so cheap.
buy bad business so expensive.
one word....POOR MANAGEMENT