rogers123 Kps chart looks like LIMIT UP, but i am not sure because it looks too smooth and easy to make all the retailers made super profit. Hard to play now! 16/11/2020 12:23 PM <--- Lying world. Hahahah
Game over..will slowly slowly snail down to 0.60....like that newbies will be trapped kaw kaw cos they kept and hoped for rebound that never come...wakakaka
If KPS was serious about denying The Edge article, they would announce like CCM. CCM made enquiry with its major shareholder PNB. PNB replied "it does not comment on market rumours or speculation".
If KPS was serious about denying, they would announce that they enquired with their major shareholder Darul Ehsan Investmnet Group (DEIG). Because if there is privatisation, it would be from DEIG.
So conclusion now is privatisation is neither confirmed nor denied.
Whatever it is, KPS is a good fundamental stock due to its cash cow EMS businesses.
I personally believe the privatisation plan is legit. There's big ambitious plan to turn KPS into a diversified company with manufacturing as main business. The company has plans to hit RM80million net profit with the acquisition of Toyoplas and CPI. Both subsidiaries easily contribute RM60-70million net profit based on profit guarantee given by the vendor. We cant deny that COVID-19 might hamper profits made at the subsidiary level. KPS has CBB, King Koil, NGC O&G, and other subsidiaries that can also contribute another 20-30% to bottomline.
Why privatisation plan is legit? The management is the type that will not reward shareholders and squeeze shareholders dry. So they will also privatise the company and show to their boss, they can screw shareholders easily. If I am the existing shareholders, I will continue to hold the shares and add more shares to prevent their privatisation plan at low price. If you intend to invest in this company, it's safe to invest in KPS.
Say no to bully tactic... lets continue to buy KPS shares and reject the privatisation plan at low price.
Not to worry. The weakening of price is just to shake off weak holders who bought last Friday and yesterday. It's good for it to take a breather. After consolidating for a few days it will roar back fiercely. Time to add.
2 days including today, syndicate bankers already capture 40mil of 160mil remaining free float. Give or take a few days, even JJchan and All ikan Bilis will be Out-Vote
sorry wrong post. Roger is pondan we know during Puncak days. Man cannot have this type jealousy. Man just buy / sell and go home to fight another day. Roger can stick with you for Decades..check yr underwear all the times
You are absolutely right, no smoke without fire. The temporary setback is just to shake off weak holders. Because of the high volume recorded on last Friday and yesterday, tomorrow morning there will be another shake out. The sky will be clearer in the afternoon or perhaps Thursday morning. Sit back and relax.
Just food for thought, look at the volume for the past 2 days, super high, if the privatisation is a real one, why people willing to dump at the price below rm1? I think the price will back to 75 cents level as per the closing price on 12/11. Hopefully, the coming result is ok else will drop further. Not sure how true is the information that provided by The Edge but apparently, price is dropping to severely. Using this kind of method to lured the investors is quite normal in share market so as ikan bilis, we need to be extra careful. Alligator is always the final winner. I also hope the privatisation news is a real one but seems like alligator had swallowed our money...lol.
Confirmed CCM takeover by Batu kawan and handle by Cimb investment bank. Deal done. After all the denisl finally the truth. Can we expect the same for KPS and handle by CIMB.? Showtime soon - get your ticket ready.
SinGor no wonder roger123 is so high when ks5S offer him "some" service 17/11/2020 5:15 PM <--- Hahahaha. Our bet on or not? Don be like aunty... Never give an answer
Don't hold on to false hopes... Different game is about to start.... It's the prelude to a horror movie...Sell now and minimise losses or be prepared to hold long term... Even if privatisation is on the cards, nta 1.17... 75% will be offered... 0.87... This stock is going down. The sooner you accept this reality the better. Move on. There are other battles to be won. This one's lost. Won't be surprised if it goes down to 0.50. Good luck. Bye!
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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....
Richard Lee
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Posted by Richard Lee > 2020-11-17 09:18 | Report Abuse
CEO angry the rumour leak before he accumlate more shares. Hahahahaah