NTA is a wrong number for takeover target price. Nta is a quarterly number which means if KPS makes a lot money in that particular ---NTA will fly. There many methods to evaluate takeover price (depending which side you are in---buyer / seller) The easiest is discounted cash flow. However this method exclude if Foxconn wants to Buy Cpi + Toyo ( cannot foresee in future ) If management See Huge future projects, they will not Tell ikan Bilis now.
JJchan Batu Kawan offer 3.10 for CCM is really a Good Deal. Let see what KPS management offer ikan bilis-----RM3 for KPS. Just take it 18/11/2020 4:10 PM <--- RM3.... Wah! Another BS. If u bought at 1.85++, RM3.00 should be good.
ks5S i think the last friday when the takeover was exposed, the banker sapu a lot of shares to keep. 18/11/2020 4:53 PM <--- U r wrong.. Banker is distributing. If not mistaken they still hold less than 35%.
JJchan NTA is a wrong number for takeover target price. Nta is a quarterly number which means if KPS makes a lot money in that particular ---NTA will fly. There many methods to evaluate takeover price (depending which side you are in---buyer / seller) The easiest is discounted cash flow. However this method exclude if Foxconn wants to Buy Cpi + Toyo ( cannot foresee in future ) If management See Huge future projects, they will not Tell ikan Bilis now. 18/11/2020 5:25 PM <--- Splash deal was done based on 1.DISCOUNTED CASH FLOW?-No! 2.NTA?-No! 3.LOWER THAN NTA?- Yes!
if really Splash loss money, why management still gave out 32% Dividend from Splash sale. Roger didnt receive dividend (didnt even know there is such a dividend ---just contra player
Compare KPS management and a Chinese owned Co., most of time ikan bilis is strip naked by Chinese owned Co. KPS management is different bcos most Directors hardly had any KPS shares ( no vested interest )----Always Fair Play.
The Wind for privatisation is strong, last 2 Days Vol. is heavy and there no T+2 selldown even with Management Denial. Usually Syndicate Bankers involved in privatisation also involved in mopping up ikan Bilis Voting shares
This is a standard tactic, management denial, ikan bilis unload and syndicate sapu. So they can Do this several Rounds until they collected enough Vote
JJchan if really Splash loss money, why management still gave out 32% Dividend from Splash sale. Roger didnt receive dividend (didnt even know there is such a dividend ---just contra player 18/11/2020 6:42 PM <---If u bought a house 500k and it is without any loan. Later u sold ur house 400K. U loss 100k. But u r still able to pay 200k for the shareholders as a dividend to make them happy. Hahaha. Doubt u!
KPS' sale of Splash stake results in RM331.6 mil divestment loss but it pockets RM765 mil in cash. Billy Toh | 28 September 2018. KUALA LUMPUR (Sept 28): ...
Jjchan:Roger didnt receive dividend (didnt even know there is such a dividend ---just contra player <-- The difference between Jjchan and Roger. Roger sold all before the disposal and dividend paid between the price of 1.96-2.01. Jjchan bought it at 1.86++ in order to get the dividend and holding until now..... Hahaha
Better park your money inside kps. Outside market so volatile. The heart cannot take it. At least kps still safe as 65% own by selangor govt. Drop also not scared
Roger tp is between 1.20-1.50 and Jjchan tp is around 3.00++. To me, if i wan to privatize my company, i will privatize it at the price which is the lowest. But to Jjchan he wan to privatize his company at discounted cash flow. Doubt tat he is a successful businessman like VINCENT TAN. Hahaha
the problem is, to privatise u hv to get 90% there are 23% in mkt...while 10% are long term holders if u dont offer them a reasonable price then this exercise will not go thru....the assets are worth 1.78 so that is a good guide of what it's worth...
the edge writer josse barrock write on kps privatise very cun-cun one. read this on gpa take over where josse wrote on 10/8/20 and confirm by gpa 13/8/20
Sorry guys... Kudos to those who didn't panic sell. Thanks to the intel in this forum.. I mentioned before operator sneaky leh... Use media to manipulate sentiment.
[Chorus] Keep on with the force, don't stop Don't stop 'til you get enough (KPS shares) Keep on with the force, don't stop Don't stop 'til you get enough (KPS shares) Keep on with the force, don't stop Don't stop 'til you get enough (KPS shares)
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JJchan
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Posted by JJchan > 2020-11-18 17:25 | Report Abuse
NTA is a wrong number for takeover target price. Nta is a quarterly number which means if
KPS makes a lot money in that particular ---NTA will fly.
There many methods to evaluate takeover price (depending which side you are in---buyer / seller)
The easiest is discounted cash flow. However this method exclude if Foxconn wants to Buy
Cpi + Toyo ( cannot foresee in future ) If management See Huge future projects, they will not
Tell ikan Bilis now.