it is not strong because the earning even lower than last Q where there was partial lock down from june to mid of August yet KPS latest profit even less than last Q. Strong sell down on monday.
For a small Co. with 537mil shares----KPS has RM 461mil Cash. Very Conservative Co. Or planning to Buy more Companies-----With NTA 1.93 ( prime target for takeOver )
If that's the case, all will rush in to buy KPS. Why negligently traded? As if you are the only one who knows, others don't. Or, are you trying to pull our legs?
Only "OLD" contracts are caught by rising Cost.----New Contract nowadays are strictly Cash Deal with attached Conditions. If Manufacturers cannot buys raw material at reasonable cost, we can terminate Contract with 2 weeks notice ( this is what i am doing---like it or Not it is up to Buyers ). Since KPS revenue keeps increasing with reasonable profit, i think their procurement manager is doing a Good Job
Shanghai is now confirmed Lockdown. From historical data, China battle with Omicron with take atleast 6 months....China is a vast Country, not so easy to control Omicron. Together with Manufacturing fleeing China Due pro-Putin stance, KPS will receive Larger than expected Orders from Plastic Injection and Electronics Parts manufacturing from EU and USA
I think since it involve Gamuda, Litrak & Kps, i think either: 1) Gamuda privatise Litrak 2) Gamuda or Litrak buy over KPS 20% of Sprint h/w any other possibilities ?
KPS Ceo has mention before, KPS has a few years Left to Completely paid Off loan borrowed to buy Sprint. Impact on KPS's book is less current liabilities( loan service) but will collect back a Huge amount of Cash. Most likely a 25--30cents Special Dividend
Lingkaran Trans Kota Holdings Berhad wishes to announce that Bursa Malaysia Securities Berhad has approved the Company's request for suspension in the trading of its securities on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. to 5.00 p.m. on Monday, 4 April 2022 pending the release of a material announcement. This request for suspension is made under para 3.1(b) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirement of Bursa Malaysia Securities Berhad.
Gamuda Berhad wishes to announce that Bursa Malaysia Securities Berhad has approved the Company's request for suspension in the trading of its securities on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. to 5.00 p.m. on Monday, 4 April 2022 pending the release of a material announcement. This request for suspension is made under Paragraph 3.1(b) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
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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....
roger3210
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Posted by roger3210 > 2022-02-21 15:43 | Report Abuse
turning red soon ! run for life ! ugly result coming in this week