KPS management should announce Special dividend Before Qr results like what they did for Splash Sales. For Splash SP, management received RM1.06 per share and give out 32.6sens. Management used the balance to buyout Toyoplus. As for Sprint, there is no announcement of Any plan to buyout any Company. However there is threat that UMNO might takeover Selangor and replace All Top Management. Special Dividend to Selangor Gov ( holds 60% of KPS) will allow them to give a bigger AngPau as Bantuan Rakyat to buy Votes
For a fact, China cannot lock down any more. Guangzhou and Shenzhen hardly down closed since 2 months ago mainly from fear many Multi-National will move Or moving to Vietnam. ********************* As for Buying Vote / bantuan Rakyat, Every Selangor Parliament seat are won in less than Or 300---2,000 since Mahathir Times. You win, you become Only decision Maker ( control Police and Army )-----Where Got Fair Play.
many places in china under lock down again as covid19 cases speak due to new variant and colder weather. Toyoplas will be impacted badly once again. Buckle up, KPS going to report very bad QR for next few quarters with each quarter around or lesser than 10mil which make KPS current price expensive (EPS will drop significantly and hence PE will jump like mad). Run for your life before too late.
Five years I never see so many Bankers visit KPS and give TP. Main reason they are Real Buyer now. Expect 100% push up to 1.50 soon. Resin price is plunging which works very well to Toyo bottom line. Look at Lotte Chemical Titan Qr results plunging 70% from last Qr........average resin price has plunged
roger3210 dem correct. This definately one of the most sampah counter. Today market sentiment sooo good also hidup tak mati. Other all recovered from bottom already
Nyawa politic PH and Anwar dalam Tanggan BN. BN have to decide the future of this country whether it will go moderate path or conservative. BN have to make a right decision as a king maker.
On 13 October 2022, the disposal of the SPRINT highway was completed, and KPS Berhad received a sum of RM172.6 million for its 20% share in this exercise. The Board has considered a few options as to how the proceeds from the disposal would be utilised, one of which is distributing special dividend. The other possible options are funding future business expansion, achieving a lean balance sheet, and undertaking other corporate initiatives that would ensure the sustainability of the Group’s financial performance. To this effect, the Board today declares a special dividend of 4.5 sen per ordinary share, alongside an interim dividend of 2.0 sen per ordinary share for the financial year ending 31 December 2022. The entitlement and payment dates of the dividends will be on 12 December 2022 and 30 December 2022, respectively.
To be paid on 12/12 & 30/12, 6.5 cts fr what was collected, fr current price 73 cts yield abt 9%, company is healthy, growing and has good amt of cash. Its well planned, it shows they want investors not punters.
Gamuda announced 38sens Special divi. 2months ago ( price 3.90 ) and declared 38sens Ex-Date 13 Dec. Price Friday was 3.86, no effect on price while KWSP still disposing 5m, Why?
Marked today price 0.73. If you buy 29Nov @ 0.73, and on 9Dec, price drop to 0.665, you gain Nothing from 0.065 Total Dividend. Just like Gamuda, give 0.38 SD but at Ex-Date lost all dividend. I think this will happen as KWSP keep selling
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....
speakup
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Posted by speakup > 2022-10-27 10:11 | Report Abuse
Something brewing?