I will be interested if it starts to drop below 70c. Sorry as I'm not here to curse the stock. Just that like to buy on discount. but will still wait for the coming AR.
Trust 50% of what people say. Only then you are wise. Don’t fight with people here. Life is too short. Enjoy your life time on earth is more important than fighting people here??? Thanks for your sharing here.
The price consolidation last week was to shake out the weak retailers. It is only a matter of time before price climbs beyond 80 sen and march towards 90 sen. Have faith.
TheContrarian The price consolidation last week was to shake out the weak retailers. It is only a matter of time before price climbs beyond 80 sen and march towards 90 sen. Have faith. 12 hours ago
At current price of 79 sen KPS is a bargain for an above average dividend yield share (4.5 sen annually) with low P/E ratio and huge NTA safety margin.
I don't bother about the market price predictions made by other people. If I think the current price is a bargain I will buy. If price comes down I will buy further.
Toyo and CPI will be main beneficially in 32% jumps in March 2022 Electronics and Electrical Export. __________________________________ Exports from Malaysia surged 25.4% from a year earlier to a record high of MYR 131.6 billion in March 2022, accelerating sharply from a 16.8 percent growth in the previous month, and easily beating market consensus of a 12.5 percent rise. Still, it was the 19th consecutive month of increase in exports and the eighth straight month of double-digit growth, amid a further solid in global demand and surging commodity prices. Further, the latest reading pointed to the seventh consecutive months of exports value exceeded MYR 100 billion. Sales increased for all sectors: manufactured goods (19.1%), mining (105.8%), and agricultural goods (41.8%). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (32.8%), followed by petroleum products (96.5%), and chemicals (9.1%), and manufacture of metal (3.5%). Among major trading partners, exports expanded to the US (10.3%), China (10.7%), Singapore (34.0%) and the ASEAN countries (37.7%). source: Department of Statistics, Malaysia
The next issue is how will the sale proceeds be utilized? Will there be a special dividend? If yes, how much will it be? How will the market react to the news? Will KPS climb to 90 sen or drop down to below 60 sen?
Reckon a special dividend of around 15 to 20¢is on the plate. With this, investors will definitely react positively. From here its share price will move northward gradually. I prefer a gradual uptrend.
No way it will drop to 60¢ in the near term. Only that pessimistic parasite said it will. I wonder what is his agenda. He wants to incite fear or he wants to collect cheap tickets. Or, perhaps he is very sick.
after Sprint sale, KPS's nta will gain about 20cents( if no dividend is given out )-----about 2.13 ( 1.93 last Qr) Extremely valuable if KPS wants to secure New Loan to take on new projects. Using market most simple valuation ( 1.30 * 2.13 ), KPS worth 2.76 ( excluding 3.10billion Rasau Treatment Plant project Not announce yet ) Rasau Treatment Plant is about 4 billion total.
3.10B balance project doesnt involved super structure that involve massive steel bar requirement and imported pumps and piping. Chances of inflated price is very High---project losses is very high . Any way KPS has no experience in this type of Design. Next major works are Earth moving, laying pipes and supplies of Water Treatment Chemicals( design of water treatment Labs) All these projects are within KPS expertise. But what portion is remaining 3.1Bil, i dont know
60%+ controlled by selangor gov and selangor gov wont care about the share price, so don't be surprise the price will keep dropping non stop (benefit to selangor gov) until a day major shareholder take it private at dirt cheap price :D
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....
chkhooju
1,706 posts
Posted by chkhooju > 2022-04-15 09:35 | Report Abuse
He is a very sick man. Please pardon him for saying nonsense. He has an appointment with the psychiatrist this afternoon.