Last quarter result of KPS quarter profit of 27m is mostly due to one off profit of 18.6m, being the proceed from SPLASH securitisation
Quoted below from the KPS QR release:
"Infrastructure Revenue of RM1.3 million was lower by RM10.5 million as compared to corresponding quarter’s revenue of RM11.8 million due to lower revenue at KPS-HCM as the infrastructure work at Pulau Indah was already completed and no new projects secured during the current quarter.
However, this sector recorded a higher profit before tax of RM24.0 million as compared to RM1.4 million recorded in the corresponding quarter 2019 due to the proceed from SPLASH securitisation of RM18.6 with higher share of profit from associate, SPRINT by RM4.0 million netted off with lower profit before tax at KPS-HCM."
I saw big collector collecting from 90 cents last 2 weeks. If Uncle Koon bought a Huge amount around 90cents, he donT mind pump and dump everyday to push price up to RM2.0 and above
Toyoplas Manufacturing (Malaysia) Sdn Bhd Group of Companies (“Toyoplas“) serves the integrated plastics injection moulding industry with clientele from the consumer electronics sector, as well as industrial tools, automotive and other sectors with a value chain spanning over 75 countries. As a one-stop solutions provider, Toyoplas Group’s expertise covers mould fabrication, precision injection moulding and secondary processes as well as assembly via its seven manufacturing plants across Malaysia, China and Indonesia.
Our plastic injection moulding facilities house a variety of injection machines across a wide range of tonnages. We invest in the best quality machines for optimum speed, energy, efficiency and versatility. Our strong capabilities include single and double colour injection machines, insert moulding and clean room environment suited for medical products.
Since our humble beginnings with only two machines in 1974, SKP now has more than 250 injection moulding machines ranging from from 50 to 2,000 tons to cater to our clients' every requirement. Utilising top industrial names such as Toshiba Machine, Haitian, Nissei P, and Demag, SKP's renowned automation and precision in mould design and fabrication extends to our close-tolerance injection moulding processes which feature double-injection machines, multi-cavity moulds, and even in-mould label moulding.
To further add value to our seamless, one-stop supply chain, SKP provides advanced secondary operations for the perfect cosmetic finish to your plastic components. Widely acclaimed and recognised by our clients, SKP's post-moulding processes feature 10k Class clean room facilities, high-gloss finish coatings, ultrasonic welding, and fully-automated multi-colour tempo printing.
So dedicated are we to the ideal finish of your plastic components that we have developed our own multi-axis, CNC-programmable gantry robots from a team of dedicated in-house robotics engineers that make us a leader in the region.
The Injection Moulding operation is equipped with the latest robotic pick-up arm and modern plastic injection moulding machineries. The state of art fully robotic moulding operation enables the company to provide top quality products and services to Multinational Companies (MNC). Our Group is committed to continuously upgrading its manufacturing technologies and facilities to position itself competitively in the industry. The Nitrogen Gas Assist Moulding and Overlay Moulding are some of the examples of modern plastic injection technology that you can find in our plants.
KYY modus operandi, buy small, medium company. write in his famous blog, naive ikan billis follow, price go up,limit up, Kyy sell make money. find another company, write in blog.... repeat.... ikan billis holland and die.. very clever Kyy
Geezer is crooked all this while. To make fast money you can't be telling the truth, right? So, like they say, Leopards can't change their spots. One last thing, he's not that deep pocket anymore after losing badly on a few stocks previously. So, trying to ramp shares up without much margin can be tough.
Everybody here bashing KYY without actually learning what KPS does and is all about. Please take your personal agenda on KYY to his personal blog. He does not own KPS and the rest of us are here just to make money from the performance of a good and promising company.
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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....
Want2Win
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Posted by Want2Win > 2021-03-14 16:28 | Report Abuse
very good