I like your discussion so far No personal, no emotion Very good Right or wrong never mind We have brain to read and to believe or disbelieve Just present your view, true or false, wise or unwise, no one will call you shai unless he himself a sohai.
Carry on with your discussion with a truthful heart, you have done a good job, that is a rich man mentality and you will be rich sooner or later. That is why TYYAP is more successful than others because he is more willing to give free courses and advices
I agreed stk prices can go ups or downs, is part of risk n reward. So far,i feel KYY is ok,sometimes north or south, he also take risks, not those solely active promoters but stock slowly goes south only.
Usually real pretty girl don't use picture to invest in stock,those fat n ugly one don't like to take photo but will use a fake one manipulating. This is art of trading n skill.
at times u may end knowing kar toi(shemale)......wakaka!!
Base on the figures, I feel the acquisition is not bad
KPS paid =311. 25m Toyoplas net profit =36.2m Net profit margin = 11.6%
What KPS said? 1. Toyoplas consistent past financial performance is expected to generate sustainable return for kps
2. An opportunity to expand its manufacturing sector
What is my comment? Got expansion is better than no expansion and moreover the expansion is expected to come with a sustainable 11.6 net income return which is very much higher than the financial cost
Walau aseng, u one morning can say 4 bye. Few week ago, I only say one bye to one pretty girl only. After tat no luck to meet pretty girl. U win Liao lo
KPS management is putting cash to acquire companies with decent guarantee profits. I think with all these companies they can make 100 million a year. With more to come. Another guarantee when roger laughs KPS will go up haha
Just KPS manufacturing Sector ( fye 2018) CenturyBond + KingCoil + CPI generate 42.3mil profit If acquisition of Toyo Plas ( profit guarantee of 35mil / year ) is completed in 2019 then For the next Two(2) foreseeable year, average profit / year is around 77mil ( This excludes profit from Others KPS revenue generating sectors like Trading / Licensing / Sprint Highway / Investment holding ( Smartpipe + KPS-HCM) and Selling Cooking Gas & Industrial gas )
My future profit estimate (Closed Eyes) also more than 100mil per year ( about 20 cents eps ) With simple PE 10----Trading Price should be 2.00 ( No need Big, big projects like ECRL + SmartPipes)
With such a simple & easy calculation, KPS will attract "idiots like Bank- Call warrant " Really hates these idiots---just Life
kps only use 150m cash to buy toyoplus the rest will be from borrowing if the pat 36m in 2018 as a benchmark then we deduct 5m acquisition fee (one off)1.6m amortisation and 8m interest yearly its about 26m left 36m out of 311m invested 11% ROI not bad can easily cover 5.3% borrowing cost.kps still sit with huge cash pile and aim for next target if they need money kps can dispose their non core business like sprint highway and two valuable landbank in central heart of kl i think can cash out 500m easily. u see the court case almost finish i think they will dispose it(hotel and freehold land)this is what i can disclose a bit
actually toyoplus business is injection plastic(like do casing for modem, router,tv ,pc for ems companies)and mould engineering(metal part for oil and gas)their factories in shanghai and shenzen in china(first tier city)johor and jawa barat so their production using automation a lot only using human in design and assembly.this is synergy to cpi business in penang they also do for vacuum for dyson like what vs do. my friends ask me whether toyoplus do plastic tupperware like apple ladies laguh die me
i really hope the bankers press down the price until the special dividend received on 28/05/2019 then we as a ikanbilis must know what we should do (reinvest?)or knocked out by bankers
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....
cocqueen
692 posts
Posted by cocqueen > 2019-05-18 09:02 | Report Abuse
estimate yearly profit will exceed 100m next year