Now most of the free float shares is in the strong hand. Very little in the market now, A slight push will send the price sky high. It is just the of time
37 cents dividend is a strong anchor for Ikan Bilis. If sharks can make 5cents everyday, they become addicted. Any goreng lasted more than 2 weeks can go on for months
Foreign funds just came in and bought Dayang at around rm1. 40
They should have bought Dayang months back at 68 sen when I promoted naim at 52.5 sen So don't be surprised when things are hot and clear for kps foreign funds also join us
By then they might be buying Kps at rm3. 00 or more
Calvin foresight make sense and reasonable All the catalysts he mentioned strongly poiting to improving positive earning in the days to come. Current price is 1.67, less 32 cent and 4 cents dividend, you are actually paying 1.31 for a company that worth more than RM 2 now and more in the near future. If you have the skill and dare to test your lucks, you may adopt Hng gor strategy, I don't like to test my luck, I choose to wait patiently for for my exit tp.
It is very stupid to mislead or confuse people while it is still cheap and a good buy now. Upside potential is high, downside is low because the 38 cent big dividend is hard to forego for many here.
You pay 1.67, do nothing, 38 cent goes to your bank account automatically. Price adjusted, company showing good performance, market push it back, foreign fund join the game, you just do nothing and your money grows bigger and bigger.
After 15 May, there are about 40million of Free Cash release to existing shareholders. Are they buying for long term( or new mattress) Or are they Contra Kaki like many here? Even under maximum Goreng yesterday generate only 13mil Vol.......When you put 40mil free cash into a small fire?......as i said before even kps at 2.50 the Vol is still negligible---(only 100m free float ) Are you expecting up 4cents @500mil Vol like Sapnrg----maybe up 40 cents
Sorry i made a mistake.....i have excluded Top 30 list......It should be 100 minus 64.45% (kdeb,pkns,Tabung Selangor)-----35.55% free float of ( 200m free float cash dividend) about 71million free cash available at 15 May
if one king Coil cost 2500, 70mil can buy 28,000 pieces, if 8feet long then 224,000feet Or 42miles. Lines up in a straight line is from Cheras KL to Port Klang, Selangor.....hahaha
Many expected price to shoot up to 2.00 or at least 1.51 + 0.32 after announcement. Some were even expecting limit up. Really disappointed a lot of `investors'.
You cannot sustain price above 2.0 if there is no liquidity ( like last time fell back with no support) Now it is different, there is a 37 cents anchor. And on 15 May, a 70 mil cash dividend provides more support than needed. Any Good News from now and after 15 May will be explosive
if you want 15 days, i don't know. If 15 months with ECRL & Smartpipes going full swing, 3.30 Bursa has bottomed, all bad news already factor-in---Morgan Stanley yesterday said emerging market Rally coming-----Bursa is now at the Bottom of the Bottom
3.30 Tp is just a technical number. Trading price is difficult to tell. It is all about how many shares left for you to Buy( if someone like LTH sapu all free float )
Many, many years ago, SAP ( kps old name) with # of shares 30mil (-second board) was once traded at RM5.50 then 8.0 ( but dropped down to 30cents after Super Bull died )
KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd’s (KPS) subsidiary, SmartPipe Technology Sdn Bhd (SPT), has secured a RM20 million contract from Pengurusan Air Selangor Sdn Bhd (Air Selangor) to replace existing pipeworks in Hulu Langat and Kuala Lumpur.
In a statement today, KPS said the key scope includes supplying and installing mild steel (MS) pipes, ductile iron (DI) pipes and high-density polyethylene (HDPE) pipe fixtures.
It said the contract, to be completed within 15 months from its commencement date of July 9, 2018, is expected to contribute positively to the KPS group for the financial years ending Dec 31, 2018 and 2019.
KPS Chief Executive Officer Ahmad Fariz Hassan said this contract reinforces the Selangor state government’s commitment to reducing its non-revenue water rates and attaining better water management in order to safeguard Selangorians’ well-being.
“In comparison to the traditional asbestos cement pipes, the right use of MS, DI and HDPE pipes in the right locations would highly reduce the potential occurrence of water leakages while being cost-effective at the same time,” he said.
SPT is an engineering company offering integrated solutions to water and other utility companies for the maintenance of their pipeline assets.
smartpipe order book should hit 500mil per year. After Splash, both Selangor and Penang already signed water rate hike so pipe replacement should proceed. Every Ringgit of Water from Splash, Syabas can only collect back 70 cents-----30% of NRW. Air Selangor will be broke very soon
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Aseng
8,633 posts
Posted by Aseng > 2019-04-29 23:43 | Report Abuse
Calvin,
I see KPS paying more and more dividend each year.
Indeed a good buy at current price
Thank you for your kindness