Posted by investortrader88 > 2022-04-06 19:34 | Report Abuse

I bought some tickets from my queue today at RM0.79.good luck guys

Posted by UPlanet > 2022-04-06 20:40 | Report Abuse

Jjchan bro, fully agreed with you! But you’ve missed out one point, where all those good things are from the previous MB Tan Sri Khalid, after fell into the stupxd idoxt greedyman Amin, all good scenarios changed!!! Price started sliding from Rm2++ until now!!! Up to date, still can’t see any good things coming out from this new MB. And i heard right now, all projects or tenders are fully controlled by Darul Ehsan S/B???

———————————————————-
JJchan Selangor Gov is always very fair when they want to take any asset private. KHSB taken out in 2013 from KPS
( 59-60% ownership), i got 75--76cents / share. Splash sold to Air Selangor, i got about 37cents dividend,
KPS used Balanced proceed to buy CPI and Toyo ( now combined worth atleast 1.50 if listed )

Posted by JJchan > 2022-04-07 09:09 | Report Abuse

Highway concession( built and operate) is very similar to your House Mortgage. First you have equity basically
the Total Cost to build Sprint Highway which around 950mil and then for next 15yrs or so you have to Collect
Toll to pay Bank Interest, Highway Maintenance and "make reasonable Profit" for your Time and Investment.
During BN-Era, investment highway profit is around 8--12% ( IPP gets 30% during Mahathir era)
Anyway All this "foreseeable profit" are generated by Number of Traffic. However as Data given, most
Highway Operator cannot cover the Equity portion even after 10years Operation. And They have to pay back
Bank Loan in say another 5-7yrs. So what they do is to "Increase Toll by as much as 60% " in last 5 years.
This a consumer Trap bcos people built their Houses, factories, Schooling, Tuition Centre along the Highway.
No Public Transport can replace this locations and worst still families already Bought 2 Cars.
What Gov Takeover Sprint Equity 950m will mean KPS can repaid 190mil Bank Loan (20%) but still
has 5--7yrs to Collect Toll rate as of 2022 ( still in nego...not confirmed yet )
Of course KPS will receive as Huge Cash pile ( no need to pay back bank yet )---Maybe give some dividend
bcos most Corporate accounting allocate Equity Repayment from day One ( meaning they start saving Bank
repayment in a sinking Fund ) KPS do has a Huge Cash Account in its Books

Posted by JJchan > 2022-04-07 09:30 | Report Abuse

Gov estimate at current Toll rate ( Sprint worth end of concession) is 1.80Bil And Gov pay off Bank Loan
for KPS ( 190m Now) KPS extra cash flow from Sprint for next 5yrs is about 40mil ( give or take Traffic Vol. )
Good Deal or Not-----For me it is Okay bcos can confirm Loan Payment. Now KPS has future cash about
200mil plus own sinking Fund proceed which can be used to buy new Company( some dividend for us )
All in, accumulated Cash from Sprint should be 350mil---400mil for KPS management

Posted by luiws123 > 2022-04-07 09:51 | Report Abuse

As kps is going to issue the audit report very soon, let wait to see did they have kept the amount that jjchan mentioned

Posted by Income > 2022-04-07 15:21 | Report Abuse

Chan always painting too good pictures but until now prices say otherwise. I shall wait and see. I only believe 50% of the very beautiful painting here. It all end up with this management, how they treat shareholders here. I long neckkk for 2 years al ready.

Posted by IronShirt > 2022-04-08 10:28 | Report Abuse

sprint concession ends in 2031 and 2034, JJ not 5-7yrs but 9-12yrs

Posted by IronShirt > 2022-04-08 10:31 | Report Abuse

dont think GovM will allow Litrak-sprint collect so much toll. PH offer is pro rakyat, one time remove Toll

Posted by Income > 2022-04-09 12:04 | Report Abuse

Mr. Chan Chan always painting too good pictures but until now prices say otherwise.

Posted by chkhooju > 2022-04-09 15:15 | Report Abuse

He, for one has a hidden agenda. I sometimes can't figure out what he is up to.

Posted by JJchan > 2022-04-09 20:13 | Report Abuse

with 190mil after ALR deal is completed, KPS should distribute 50% proceed back to shareholder Or 80mil
which about 15cents. That will make me very happy.

Posted by IronShirt > 2022-04-10 10:59 | Report Abuse

DonT listen to JJ advise. He buys shares for 3--15years. You and me buy for 15days at most. How can we
listen to him. You are better off following YKK advise, he goreng and cabut in 15-30days

Posted by chkhooju > 2022-04-10 11:21 | Report Abuse

I will wait for the special dividend.

Posted by Income > 2022-04-10 11:58 |

Post removed.Why?

Posted by Income > 2022-04-10 16:21 | Report Abuse

American are creative. Look… Hahahahaha
https://youtu.be/2SRLBQ8trhk

Posted by roger3210 > 2022-04-11 11:31 | Report Abuse

give u 15c so what? share price adjust 15c lower n stay there/ drop further down for months/years until next catalyst come :D this is the characteristic of KPS

Posted by JJchan > 2022-04-12 08:11 | Report Abuse

https://www.thesundaily.my/business/malaysia-s-manufacturing-sales-value-expands-112-in-february-DF9061959

2022 Feb, Electronic Manufacturing jumps by 9.8%

Posted by JJchan > 2022-04-12 08:28 | Report Abuse

1Q22 Results will enjoy robust up grade due to massive increase in plastic and Electronic parts Orders from
China as GuangDong is rumour to facing ShutDown( yesterday news) after Shanghai

Posted by roger3210 > 2022-04-12 08:30 | Report Abuse

sell while u still can get out near 80c, going to 50c in next few months !

Posted by chkhooju > 2022-04-12 09:26 | Report Abuse

Roger, please don't talk cock. If you don't own any KPS shares please shut out yourself from this forum. If not, a lot of people will be cursing you. Can you withstand a spit each from everyone of us?

Posted by roger3210 > 2022-04-12 09:38 | Report Abuse

dont get emotional, be rational. Why don't get out when danger sign is getting more and more obvious?

Posted by roger3210 > 2022-04-12 16:20 | Report Abuse

omg,, going to close the gap formed after the announcement of highway takeover ! RUN FOR YOUR LIFE !

Posted by investkaki > 2022-04-12 22:49 | Report Abuse

roger3210 enough lah, respect others.

Posted by roger3210 > 2022-04-13 08:40 | Report Abuse

Most co will report weaker quarters in May due to spike in raw material price, KPS no spare from it. Insider using this opportunity to sell before bad QR release

Posted by chkhooju > 2022-04-13 09:01 | Report Abuse

If you do have any shares, just SELL and get out of here! If you don't, also LEAVE and don't be a nuisance here!

Posted by soon9913 > 2022-04-13 09:01 | Report Abuse

obviously now is best time to buy but this joker Roger talk non sense... so many good news manufacturing biz ie kingcoil mattress strong demand, new contracts on hand, highway concession can realise to cash with 100% profit and etc..

Posted by soon9913 > 2022-04-13 09:02 | Report Abuse

Roger, please learn to read reports

Posted by roger3210 > 2022-04-13 09:33 | Report Abuse

KPS debts in very high, when interest rate cycle start going up, it will hurt KPS bottom line very badly.

Posted by chkhooju > 2022-04-13 11:49 | Report Abuse

Why should you bother. That's none of your business. Just fxxx off and everyone will be very happy.

Posted by chkhooju > 2022-04-13 11:50 | Report Abuse

Reckon you must be very sick. Go consult a psychiatrist.

Posted by roger3210 > 2022-04-13 11:53 | Report Abuse

I'm here to save the life of the innocent newbie from falling into the trap of sinkalan jjChan.

Posted by KingKong_Doll > 2022-04-13 14:45 | Report Abuse

Sprint only contributes 12mil to the profit and if the payment received it fully use to pay debt, it will reduce the interest cost. So divesting Sprint does not affect KPS much. Initially I thought it will be the similar case like Puncak those day which it slaughter the the only goose that laid the golden egg but KPS is kinda different case. Furthermore, if interest rate were to rise, then pare down the debt will be ideal.
What I most concerned is cost of material, the cost of shipping and cost of labor. All of this has risen a lot and how much can it be pass onto the consumers.

Posted by soon9913 > 2022-04-13 14:58 | Report Abuse

Roger, propose you go ukraine to save the world than making noise here..

support u

Posted by roger3210 > 2022-04-13 15:24 | Report Abuse

Most of KPS profit from Toyoplas and CPI, which is EMS. EMS tends to have very thin profit margin, 5% or lower, (SKPRES AND VS has higher profit margin probably due to the product they assemble) when raw material increase a lot, EMS company will easily turn into HUGE LOSS ! Warning has been given !

Posted by KingKong_Doll > 2022-04-13 15:28 | Report Abuse

I will wait end of Apr for the AR to see what management hv to say or maybe end of May to the QR to see the impact. Hope by then the sprint deal not yet go through.....lol....

Posted by soon9913 > 2022-04-13 15:38 | Report Abuse

personally think the consortium will accept Spring offer

Posted by soon9913 > 2022-04-13 15:40 | Report Abuse

government has given deadline to reply by end of Apr only. either is reject or accept lo

Posted by soon9913 > 2022-04-13 15:42 | Report Abuse

existing biz is already profitable, sales of spring stake will pair down the debts and will have huge interest saving, and special div payout

Posted by soon9913 > 2022-04-13 15:43 | Report Abuse

further to that the mgt has declared div 2.5cents ex on 9 June lo. hold and collect only

Posted by soon9913 > 2022-04-13 15:44 | Report Abuse

Roger sorry to say that u feel you.

u must be kind of investors buy above rm1 then cut loss as RM0.7.

now is time to buy back

Posted by roger3210 > 2022-04-13 15:47 | Report Abuse

lol, dont be fooled by dividend, price will be adjusted lower upon dividend ex date. Go check what happened after the 30c special dividend from the disposal of water asset biz, share price never revisit the price b4 the exdate, not even the adjusted price after dividend. Pity those who blindly hold just becoz of special dividend.

E.g if they give 15c dividend due to this sprint disposal, share price will drop 15c . e.g from current 0.78 to 0.63, after that it will continue to go down to 50c, 40c, 30c in few months later

Posted by soon9913 > 2022-04-13 15:49 | Report Abuse

as long as the Biz is profitable, price will be sustainable .

bro, time to buy back la.

Posted by soon9913 > 2022-04-13 15:50 | Report Abuse

let the past become history, let future recover your loss

Posted by roger3210 > 2022-04-13 15:52 | Report Abuse

profitable != price sustainable, be realistic pls. there are many co that making good profit but share price keep going lower (im not refer to those cyclical sector like glove XD).

Posted by soon9913 > 2022-04-13 15:52 | Report Abuse

now is buying time, u dont go sell.

selling time dont buy

Posted by roger3210 > 2022-04-13 16:11 | Report Abuse

technically, close below 0.78 is a red alert. those holding kps, u better sell if it close below 0.78 because it means the gap up has failed and it will go back to 0.72 to close the gap

Posted by soon9913 > 2022-04-13 16:22 | Report Abuse

I bought little only plan buy some if at 0.72.

i think is good buy now.

what do you think if spring deal will go through?

Posted by soon9913 > 2022-04-13 16:23 | Report Abuse

profitable and price got support at least and can move higher ma

u wan buy those with huge loss thrn call for right mer

Posted by soon9913 > 2022-04-13 16:24 | Report Abuse

what your expect in this market oh.

those even good company not calling right issue consider lucky ady la

Posted by soon9913 > 2022-04-13 16:25 | Report Abuse

I foresee the spring deal will go through that s why I come in.. haha