KPS should received alot of project form Rasau Water Treatment Plant----4 Billion project to be completed in 3year(max)----About 1.3 bil( 1.6B in 2.5yrs) of Job are available Per Year. https://www.malaysiakini.com/advertorial/563586
When Vivo surged from 45cents to RM2.0, market "say" New owner will inject a Billion ringgit project----until now also Just Talk only. The relationship between Rasau project and KPS is like Mother and Son And most important thing is AirSungai already Called for Tender Submission for 4 Billion project
If KPS cannot reached RM2.0 year end, i donT know what to say
Strong volume driven momentum despite weak market sentiment, pave way for more upside tomorrow, once breakout 94sen immediate resistance, next will challenge RM 1.00. Stay tune.
Last Quarter was the best Quarter result by KPS. Maybe the upcoming result will be better, then we can see the share price climbing and giving out dividends
94sen is immediate resistance level, next is RM 1.00 and price sustainability above RM 1.00 depend on coming Q result + dividend + management commentary on its growth in EMS + update on new water pipe project for its smart pipe + potential highlight upcoming new water treatment plant
For Kps to trade above RM 2, it may consider to pack all its EMS business under new company, Kps electronic, seeking new listing to unmask embedded value. Kps can use part of the new listing to distribute to existing Kps shareholder. After listing, Kps still retain majority stake in Kps electronics, and as holding company, Kps can focus on it other business such as water, infrastructure, paper and plastic packaging, King Kong etc.
Not every EMS is doing well, Toyoplas is strong however CPI earning has been dropping for the past few years. EG also another EMS but doing badly. So dont assume all EMS will be strong, it depends on who is ur client, why VS, SKPRESS ATAIMS doing so well because they have very strong client.
In the nutshell, Kps business is too diversified into total different valuation business, it need to streamline and split for new lisiting instead of become conglomerate
I guess most here is for longterm and wish tk have divided. But after selling of assets, highways, div still little. Thats why ppl feel disappointed. But i think not to be disappointed, div might come later and maybe not now lab
Based on KPS announcement today, 2nd year profit guarantee for purchase of Toyoplas amounting to RM42.3m will be deferred to FY2021. Toyoplas only contributed RM11m for FY2020 i.e. shortfall of 31.3m. Hence, results for FY2021 from Toyoplas only will be RM42.3m which is more than the entire FY2020 profit of RM34.8m. KPS is seriously undervalued. Given the profit guarantee, KPS price should see significant upside.
Really i am only interested KPS dividend. As for valuation for 2021, minimum price should be RM2.0----This is strictly based on info. received from plastic Resin suppliers to Penang factories. Most of this factories have enough Job to cover to 3rd Q 2021. Fourth Qr 21 will be explosive.---CNY celebration for most ASEAN and China EU and American have NO Christmas in 2020, But 2021 Christmas Orders already started production in Feb/March 2021. If i take 4Q20 as base (RM30m profit ), 2021 will average 120mil Profit. About 20cents per Share. Put any PE # you want and the Price will remains in RM2.0 bracket However this price still exclude the Rasau Water Treatment Project---RM4 Bil ( Real Number: Air Sungai already got the Funding )
For me, just take Dividend if any and just watch the Show
JJ, you think Rasau job can net 1 billion job for KPS, Maybe 4.0 in early 2022 is possible. Contra players will keep pushing price until Contract announcement Date like what happen in IRIS 1Bil job
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captain star
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Posted by captain star > 2021-02-24 12:54 | Report Abuse
Should be friday