Posted by ding dong > 2019-05-17 17:06 | Report Abuse

to my mind the global equity mkt is about to do last part of the long bull cycle i.e the europhoria part where mkt will go up iresionally high just like what happen in 1993/95 and 2006/07 before going for long bear mkt...n this time dow likely will lead the global mkt before Trump presidential election....

Posted by ding dong > 2019-05-17 17:12 | Report Abuse

....so what ever Trump is doing now is really to push down Fed interest rate due to trade war that causing economic slow down n increase inflation due to the increase tariff...as such Fed will flood wth cheep money causing stock mkt rally...

Posted by upsidedown119 > 2019-05-17 17:16 | Report Abuse

Low interest rate good for stocks.

Posted by ding dong > 2019-05-17 17:48 | Report Abuse

...so the easy way to do just follow DOW ...infect last few day dow already move up few hundred point....

Posted by JJchan > 2019-05-17 18:50 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6164837

I like Toyoplas products----Good Plastics Quality( 2 Thumbs Up)

Posted by JJchan > 2019-05-17 18:56 | Report Abuse

Generate a average 80mil revenue per year ( with eps 12++cents )

Posted by ding dong > 2019-05-17 19:14 | Report Abuse

Trump tariffs could trigger higher interest rates: experts
https://www.cnbc.com/2019/05/16/trump-tariffs-could-trigger-higher-interest-rates-experts.html

Posted by i3Value > 2019-05-17 19:24 | Report Abuse

This is very good.

RM40m profit every year. Better than Splash. Splash was associated company only get profit, no cash, wait dividend. This is direct profit and cash from fully owned subsidiary.

Posted by i3Value > 2019-05-17 19:26 | Report Abuse

Profit itself also bigger than Splash

Posted by SureWin1Woh > 2019-05-17 19:33 | Report Abuse

That's why I said I like KPS management...very proactive and never rest on its laurel although it's State owned. Professional management. Not like Puncak fella....

Posted by SureWin1Woh > 2019-05-17 19:33 | Report Abuse

This counter is for mid to long term.

Posted by JJchan > 2019-05-17 19:34 | Report Abuse

you can see Toyoplastics products in Giant, Mph Bookstore, even in Japanese store in KLCC.
Saw toyoplastics products in Parkson China, Singapore and Thailand....People thought Japanese
products

Posted by SureWin1Woh > 2019-05-17 19:34 | Report Abuse

Once the gestation period is over, brighter days are ahead

Posted by cocqueen > 2019-05-17 19:39 | Report Abuse

spore, china & indonesia.....i like this !!

Posted by Apa_Macam > 2019-05-17 20:20 | Report Abuse

Nice.

Posted by hng33 > 2019-05-17 20:58 | Report Abuse

New acquire business for RM 311m with sustain net profit 35m, PE 8.6x, give KPS earning accretive

Posted by cocqueen > 2019-05-17 21:06 | Report Abuse

https://www.youtube.com/watch?v=CVpqfU-aDfc

Posted by slng > 2019-05-17 21:19 | Report Abuse

gg monday

Posted by cocqueen > 2019-05-17 21:22 | Report Abuse

jjchan, this toyo is not the same as toyo plastics....this is high precision plastic moulding co...mostly for auto, electronics, consumers etc..

Posted by birkincollector > 2019-05-17 21:24 | Report Abuse

i also confused...nothing to do with toyoink too right? LOL

Posted by cocqueen > 2019-05-17 21:31 | Report Abuse

mostly auto manufacturing.....

Posted by upsidedown119 > 2019-05-17 21:35 | Report Abuse

But nothing on the smart-pipes? This billion ringgit contract will really move KPS towards our wildest fantasies.

Posted by Apa_Macam > 2019-05-17 21:37 | Report Abuse

Actually... Plastic molding company not very profitable.....most of them facing high rejection and yield loss is high and also price competition.

Posted by slng > 2019-05-17 21:40 | Report Abuse

if a state own company begin to acquire, means the past and current mgmt been doing a good job. they are now just scouting for m&a to ease future tender proj

Posted by Apa_Macam > 2019-05-17 21:40 | Report Abuse

So management is very important. Or else mostly margin / profit very very thin unless doing EMS or secondary assembly or assembly. Then different story.

Posted by Apa_Macam > 2019-05-17 21:44 | Report Abuse

Monday we will know how is market react to this acquirememt. If small small green, then u will know why already.

Posted by hooi > 2019-05-17 21:50 | Report Abuse

plastic injection molding is a sunset business.
monday sure gap down . sell the golden goose and waste the money on this type of business.
Something is fishy on this deal for paying so high price .

another puncak in the making.

Posted by Apa_Macam > 2019-05-17 21:52 | Report Abuse

They should buy Printed Circuit board company. Will make them huat until pig head. Sayang sayang....

Posted by hooi > 2019-05-17 21:53 | Report Abuse

the raw material for plastic molding is resin that comes from oil
with the resin price is high, sure a losing money business,

Posted by Apa_Macam > 2019-05-17 21:55 | Report Abuse

Need to see how they run the business. Some plastic molding company will do end to end service to their customer. Then it can earn a lot.

Posted by rogers123 > 2019-05-17 21:57 | Report Abuse

JJchan http://www.bursamalaysia.com/market/listed-companies/company-announcem...

I like Toyoplas products----Good Plastics Quality( 2 Thumbs Up)
17/05/2019 6:50 PM <--- U r really a stupd ler. Paying too high price. Gearing up to 0.69 after the acquisition.

Posted by rogers123 > 2019-05-17 21:59 | Report Abuse

JJchan Generate a average 80mil revenue per year ( with eps 12++cents )
17/05/2019 6:56 PM <-- Omg. Profit margin is about 11%. Revenue of 80 million can only generate 8.8 million. If u pay 311 million to acquire the business. U can only enjoy 2% return of ur investment. JJchan can u do a better mathematics.

Posted by hooi > 2019-05-17 22:00 | Report Abuse

now the technology going to 3d printing.
who need old technology like injection molding
no wonder the toyo owner is selling their business and laughing all the way to bank.

stupid kps

Posted by rogers123 > 2019-05-17 22:02 | Report Abuse

JJchan: none of ur buy call is chun chun. Hahaha. 3 times, 3 times failed. Not even one time can earn profit from ur buy call

Posted by hooi > 2019-05-17 22:05 | Report Abuse

toyo owner know their china plant got problem later due to trade war.
faster sell it out.
only kps so silly to take over.

Posted by rogers123 > 2019-05-17 22:11 | Report Abuse

Total amount of Profit Guarantee 80,925,000 for 2 years. Mean third year u eat urself

Posted by upsidedown119 > 2019-05-17 22:12 | Report Abuse

Wonder any undertable in the deal?

Posted by hooi > 2019-05-17 22:39 | Report Abuse

one year only make RM 36 mil with so many factories in so many countries. Really not efficient.
why not they just bought over comfort rubber with one factory located in perak state and making about the same amount of profit and the glove business is continue growing ?

something is wrong on this deal.

Posted by sheep > 2019-05-17 22:55 | Report Abuse

Ameng taking a breather...
now ah kooi takes over...
good job...
wakakakaka

Posted by Apa_Macam > 2019-05-17 22:59 | Report Abuse

rogers123 , maybe you ca read the anouncement again....Some profit is quote in USD.
i seeing you short count one zero. Profit for 2018 should be around RM 64 milion. Maybe i am wrong..and i am not accoutant, i just pasar malam hawker. If it is true,then this duel is nice. 311 milion and can get 64 milion per year. 20% profit le.

Posted by Apa_Macam > 2019-05-17 23:02 | Report Abuse

hooi, not customer or product suitable for 3d printing. plastic molding also have their own market.

Posted by Apa_Macam > 2019-05-17 23:08 | Report Abuse

i know and see some plastic molding company. they also huat and keep buying shop lot and factory . expanding.
But tell you truth la,actually char koay teow earn more. tat why i keep char koay teow at pasar malam .haha....

Posted by hooi > 2019-05-17 23:08 | Report Abuse

The Toyoplas group of companies made a combined profit after tax of US$8.66mil (RM36.2mil) in financial year ended Dec 31, 2018.

https://www.thestar.com.my/business/business-news/2019/05/17/perangsang-selangor-buys-toyoplas-for-rm311mil/

Posted by hooi > 2019-05-17 23:12 | Report Abuse

when a seller sold their business in a low PE (8x), means the future growth of this business is very limited.
Only kps sapu and thought they grab a hidden gem .

Posted by hooi > 2019-05-17 23:13 | Report Abuse

selling of splash already huge impairment
buying of toyo another huge impairment later.

Posted by Apa_Macam > 2019-05-17 23:23 | Report Abuse

Don't like this Le. Buy cheap, u say people company hv shit. Buy expensive, u say people sohai.... Apa macam u want

Posted by Apa_Macam > 2019-05-17 23:26 | Report Abuse

Let money grow money. Important is company can get more and more profit.

Posted by Yeoh Andy > 2019-05-18 01:36 | Report Abuse

Don't worry, if go PN17 at least I get one KingKoil mattress for free. Gogo buy buy.

Posted by ding dong > 2019-05-18 07:15 | Report Abuse

so far i dont see the major share holder cashing out and the volume play just suggesting market maker passing left to right hand bis versa to shake the weak holder....

Posted by cocqueen > 2019-05-18 09:01 | Report Abuse

kps will become a bluechip with this latest acquisition, earnings well diversified and spreadout...mkt is huge in China & Indonesia...KPS does not need to depend on Local business to grow...and growth is from overseas....well done !! I think a lot of funds will be looking into KPS soon..