Posted by yip_8988 > 2019-05-30 18:20 | Report Abuse

Wha ka ka where all the sifu here?
Go to Holland?

Posted by Yeoh Andy > 2019-05-30 18:56 | Report Abuse

Did you guys even analyse the quarter report.... Lol

Posted by cocqueen > 2019-05-30 19:20 | Report Abuse

ya..idiots...last yr results includes 20m of profit from splash...la

Posted by Investar2862 > 2019-05-30 19:39 | Report Abuse

Kumpulan Perangsang Selangor Berhad Records RM13.2 million in Operating Profits for 1Q19 on Stronger Contribution from Core Businesses

• Revenue leaps 64% to RM157.5 million • Solid turnaround in operating profits as a result of sharpened focus on the manufacturing division • Core earnings dynamics expected to strengthen despite exit of SPLASH

Kuala Lumpur, Malaysia, 30 May 2019 – Investment holding company Kumpulan Perangsang Selangor Berhad (“Perangsang Selangor” or “the Company” or “the Group”, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) posted a 64% increase in revenue to RM157.5 million for the quarter ended 31 March 2019, as compared to RM95.8 million in the corresponding quarter last year. Riding on the success of its Business Transformation Plan (“BTP”) and continuous business improvement mobilised on all subsidiary companies thus far, the operating profits continued to improve, posting a strong turnaround to RM13.2 million as compared to RM4.1 million loss in the corresponding period last year. Unlike in the past, stronger set of numbers this quarter was driven mainly by higher contributions from the core businesses, especially from the manufacturing division.


HIGHLIGHTS FOR THE QUARTER ENDED 31 MARCH 2019


Manufacturing businesses contributed RM105.6 million or approximately 67% to the Group’s revenue, compared to the RM44.0 million or 46% contribution in the corresponding period last year.

At 5% growth, Century Bond Bhd (“CBB”) led the revenue contribution with RM46.2 million on higher traction from its carton and consumer divisions. CPI (Penang) Sdn Bhd (“CPI”) maintained its influence, contributing RM45.6 million to the Group on higher sales from its automotive and communications divisions. Contribution from the manufacturing sector was further complemented by King Koil Manufacturing West Inc. (“KKMW”) which grossed RM13.8 million as its manufacturing plant in Phoenix, Arizona, is gradually picking up momentum.

Further contribution was derived from the trading business with Aqua-Flo Sdn Bhd (“Aqua-Flo”), returning RM25.9 million slightly below the RM26.3 million it contributed in the corresponding quarter last year. The slight decline was attributable to lower sales of chemicals as a result of dry weather spelled between the months of January and March 2019. Also contributing to the lower sales was deferred commissioning of Semenyih 2 dam, Langat 2 and Labohan Dagang water treatment plants. At RM25.9 million, Aqua-Flo contributed approximately 16% to the Group revenue.

Next, the licensing business King Koil Licensing Company LLC (“KKLC”) registered a 43% growth in revenue, turning in higher revenue contribution of RM11.2 million as compared to RM7.8 million in the corresponding quarter last year. The growth was attributable to higher international royalty income from China and Indonesia. Royalty income from the US was flat, in line with the change of business model from licensing to direct-to-retailer manufacturing for the US market. At RM11.2 million, KKLC contributed approximately 7% to the Group revenue.

However, the infrastructure division which is represented by KPS-HCM Sdn Bhd (“KPS-HCM”) and Smartpipe Technology Sdn Bhd (“Smartpipe”) made a lower contribution this quarter. At RM11.6 million and RM2.6 million revenue contribution respectively, traction from KPS-HCM was affected by delayed progress of elevated water tank and M&E works at Phase 3C Pulau Indah Development Project while that from Smartpipe by delayed commencement of the pipe replacement project it was awarded last year. Having adjusted for inter-group sales, revenue contribution from the infrastructure division was RM11.8 million, or approximately 8%.

The remaining revenue contribution of RM2.9 million, or approximately 2%, was from investment properties, which was mainly attributable to rental income from Plaza Perangsang.

Having unlocked further values from our core businesses in the manufacturing, trading and licensing sectors, the Group posted a commendable operating performance. As a result of a more focused business strategy, Perangsang Selangor reported a solid turnaround, posting RM13.2 million operating profit this quarter, as compared to RM4.1 million operating loss in the corresponding period a year ago.

With approximately RM3.5 million share-of-profit from associates, which was made up mostly of contribution from associate company NGC Energy Sdn Bhd, the Group posted a healthy Profit Before Tax and Zakat of RM7.2 million. It was lower if compared to the RM15.5 million registered in the corresponding quarter last year, which comprised the share-of-profit from Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (“SPLASH”) of RM20.2 million. With the new earnings dynamics upon the exit of SPLASH, Perangsang Selangor’s Profit After Tax came in at approximately RM2.5 million for the quarter.

Posted by rogers123 > 2019-05-30 19:54 | Report Abuse

Omg! Wat's a good report. "64% increase in revenue to RM157.5 million for the quarter ended 31 March 2019, as compared to RM95.8 million in the corresponding quarter last year." <-- quite impressive profit of 2 million. Hahahaha

Posted by rogers123 > 2019-05-30 19:54 | Report Abuse

Mean Kps management is doing very "GOOD" as long as they dont make a loss

Posted by rogers123 > 2019-05-30 19:55 | Report Abuse

JJchan: Welll done, u bring people to holland again at 1.55

Posted by hooi > 2019-05-30 20:06 | Report Abuse

pay so much for the asset but earn kacang only.

Posted by Moratorium > 2019-05-30 20:08 | Report Abuse

Collected bonus dividend today, chance to go in more tomorrow

Posted by calvintaneng > 2019-05-30 20:23 | Report Abuse

Everybody collected bonus dividends?

I still in Spore

Must check later if they banked in my special dividends

Latest news about US putting tariff on China mattress is good news for Kps

Kps set up a King Koil mattress factory in Arizona, USA

So Kps will benefit

Next on the agenda could be smart pipes award

Posted by hooi > 2019-05-30 20:36 | Report Abuse

tomorrow open gap down immediately become penny counter.

Posted by calvintaneng > 2019-05-30 20:51 | Report Abuse

Already prepared full of cash by April 2019 with my 2 very strong sell call

Any weakness is a buy like buying Uzma today

Wahhh!!!

Everyday also got bargains

Caik beh leow lor!!!

Posted by FatRat93 > 2019-05-31 10:10 | Report Abuse

If you said that KPS has a very good position in trade war US-China, we really need to wait after a few months to see the share price rising. The price wont reflect that fast until KPS performance is well achieve. That means still have to wait.

Posted by ding dong > 2019-05-31 13:15 | Report Abuse

tq JJChan for sharing....sound like sooner or later kps will explode n fly to the sky at least from TA standpoint...cause now too much oversold lately too much greedy hand in the price movement

Posted by rogers123 > 2019-05-31 15:32 | Report Abuse

Look like jjchan is a big boss. But to me, he is just a peanut. None of his buy call is correct. Talk memang pandai

Posted by FatRat93 > 2019-05-31 15:51 | Report Abuse

investment is like this want lah..... got some loss got some win.... sometime even buffet also got make mistakes..... just have to aware the mistake and mitigate the mistakes in the future...

Posted by hooi > 2019-05-31 16:47 | Report Abuse

kps = kesian punya stock

Posted by Trapper > 2019-05-31 17:08 | Report Abuse

At least JJchan,Calvintaneng and Cocqueen are backing up with facts and figures, not like the 2 idiots talking cock and without any substance.

Posted by newbie5354_ > 2019-05-31 20:29 | Report Abuse

Why drop after QR? Bad is it?

Posted by hooi > 2019-05-31 22:36 | Report Abuse

Kps = Kacang Putih Stock

Posted by cocqueen > 2019-05-31 22:50 | Report Abuse

sometimes u cant blame them for being cynical as most state owned co performs badly like perakcorp, pasdec etc....

Posted by Roger123_ > 2019-05-31 22:52 | Report Abuse

KPS is Puncak 2.0 agree?

Posted by rogers123 > May 31, 2019 3:32 PM | Report Abuse
Look like jjchan is a big boss. But to me, he is just a peanut. None of his buy call is correct. Talk memang pandai

Posted by cocqueen > 2019-05-31 23:21 | Report Abuse

only time will tell...so we hv to wait and see...

Posted by thor85 > 2019-06-01 11:12 | Report Abuse

how long have to wait and see........

Posted by hooi > 2019-06-01 11:52 | Report Abuse

Kps buying all those boring business.
No excitement at all.
The share price will have natural death

Posted by hooi > 2019-06-01 11:54 | Report Abuse

There is no analyst want to write on kps.
Such a dull company. You will end up holding forever on this stock.

Posted by FatRat93 > 2019-06-03 10:49 | Report Abuse

Going to drop to RM1.00. Did KPS really disappoint so many shareholders?

Posted by yip_8988 > 2019-06-03 11:00 | Report Abuse

Good company?? Look at the share price you got the answers.
Cheap not good.
Good no cheap.

Posted by hooi > 2019-06-03 11:02 | Report Abuse

socai calvin say good mah, cheap mah, got future mah....
now who con who.
believe on the wrong person.

Posted by yip_8988 > 2019-06-03 11:29 | Report Abuse

Good and solid company where got cheap prices? the share price keep going to drop because the big fish they are already knew company business on future is bad so they keep selling and the sochai jump in to buy.

Posted by yip_8988 > 2019-06-03 11:32 | Report Abuse

Welcome to cen club.

Posted by rogers123 > 2019-06-03 23:55 | Report Abuse

JJchan, where r u? Hiding again?

Posted by thor85 > 2019-06-04 07:41 | Report Abuse

calvin and jjchan how many more years we need to wait for pipe replacement project

Posted by hooi > 2019-06-04 07:45 | Report Abuse

jual tilam
tilam lama tukar tilam baru
boleh tidur selama-selamanya

Posted by Happykoo > 2019-06-04 08:45 | Report Abuse

the management can make a sbb to maintain the share price ....why didn't they do ?just let the price keep dropping everyday.......shit

Posted by Happykoo > 2019-06-04 08:48 | Report Abuse

Will meet this brother puncak very soon....

Posted by hooi > 2019-06-04 08:51 | Report Abuse

this type of fund manager don't interest on the share price one. They don't bother . They only make sure every month got gaji, allowance is enough.
Not like a company owner business where they have majority share in the company.

Posted by plaxo 88 > 2019-06-04 10:03 | Report Abuse

how come Azmin ex MB cannot do anything? All these people are the same....Perak Corp was rm3+ now become 40cts. PKR sleeping on the job just like DUMNO!!

Posted by FatRat93 > 2019-06-04 14:40 | Report Abuse

no choice lah.... there are quite a no of people already hold this company's shares. Hope after different acquisitions will boast the company's performance lah.

Posted by FatRat93 > 2019-06-04 14:46 | Report Abuse

We cannot expect the instant result from the company with few months.... Wait for few years then you will know the KPS's position.

Posted by Fatgun65 > 2019-06-05 22:55 | Report Abuse

according to market ... the biggest customer for vacuum cleaner business pulled out from toyoplas early this year affected half of their group revenue. it will seriously impact future results of kps if due diligent not carefully carry out before signing official acquisition. some more with the on going china-us trade war ... no eye see :o]

Posted by hooi > 2019-06-06 19:20 | Report Abuse

kps in trouble buying toyo
just like tm buying webe from green packet and overpaid it. Now Tun M want a ceo to investigate all this wrong doing.

Posted by yip_8988 > 2019-06-06 23:24 | Report Abuse

Because of this KPS on the way to become cen club member.

Posted by Happykoo > 2019-06-07 09:46 | Report Abuse

Puncak and kps will hug each other very soon....

Posted by Happykoo > 2019-06-07 09:57 | Report Abuse

sen stock come come.......

Posted by Happykoo > 2019-06-07 10:08 | Report Abuse

will high fly when kps declared sd......hahaha

Posted by dompeilee > 2019-06-07 14:38 | Report Abuse

Bought some KPS @ 1.01 & 1.02 this morning.

Posted by ding dong > 2019-06-08 10:50 | Report Abuse

1.01 + 0.32 + 0.042 = 1.362 *old price...

Posted by IronShirt > 2019-06-08 14:16 | Report Abuse

Market(Bursa) is going to surge in coming weeks. Ringgit has surged from 4.19++ to 4.1590 from
Mon 3Jun to Fri 7Jun ( 2.5 Trade Days, this week ) Foreign Funds has bought Ringgit heavily (all
currencies in Asia fall this week except Ringgit....no reason except FF bought )
HSBC + UBS regards Bursa as Safe Haven during Tariff War( last week comments)
LGE reported by Sin Chew (this week) said Bursa will surge 48%

Posted by IronShirt > 2019-06-08 14:50 | Report Abuse

If foreign funds want to move a few billions into Malaysia, they must get approval from Bank Negara and BN will also update our Finance Minister