According Bloomberg, many Chinese Graphic cards manufacturers are packaging their GPU in Malaysia to avoid possible another massive USA sanction on China GPU ( using nvidia component ) Plastic packaging and Carton boxes all had to manufacture in Penang----major beneficiary ToyoPlas ( KPS biggest revenue contributor )
It is about capacity. Bigger can take bigger Job. You think other Carton Manufacturers just sitting Still everyday while waiting for this "sudden Chinese job" ---Smaller manufacturer donT want " sanction job"---Sanction removed, Orders goes back to China (you go begging for jobs from old customers who already give jobs to other manufacturers )
Another Jjchan stock, underperforming… Jjchan only talked bigger fairy tales stories. Can’t believe what he said… until now here still underperforming. Berkulat Already…
Special dividend The Board intends to declare a special dividend amounting to not more than RM24.20 million (“Special Dividend”). For illustrative purposes only, the Special Dividend represents approximately 4.5 sen per share (computed based on the total number of issued ordinary shares of KPS Berhad (“KPS Berhad Shares”) __________________________ Sell Asset ( KingKoil ) Give Dividend----4.5cents ( Good )
Still waiting Menara KPS Shah Alam Sales announcement ---Already offer for Sale in Property Market for 2 year I think should get about 85--100mil at current market-----Another Special Dividend in 2024--5???
special dividend should exclude "normal year-end dividend"-- Normally management give about 4.5cents p.a. Since 2023 is not a good year except 4Q23( maybe )---I think management will give another 2cents since last Qr they already give 1 cent
Based on the disposal price of RM265.48 million and a book value of RM148.05 million, the group will recognize a one-time profit of approximately RM117.43 million in fiscal year 2024.
Management estimates that the transaction will be completed in the first quarter of fiscal 2024. At the same time, it also plans to offset the loss of Kaiserkorp's profit contribution by expanding its existing manufacturing and infrastructure investment portfolio.
At the same time, the group will also pursue complementary investment opportunities consistent with its growth strategy.
We maintain our profit forecast for fiscal years 2023 to 2025. However, due to annual interest savings of RM9.58 million due to loan repayments, there will be an upside surprise in profit performance.
We raised our rating from "neutral" to "short-term buy" and raised the target price by RM1.25 from 77 sen, equivalent to a price-to-earnings ratio of 32.9 times.
Back in May last year when I completely exited from KPS I used the sale proceeds to buy into Kuchai and on the first trading day this year Kuchai went limit up.
Posted by speakup > 3 hours ago | Report Abuse Speakup bought many deep undervalued counters cheap when nobody wanted. All move up a lot..... except for one: Mphbcap
Speakup can name same long list of deep undervalue stocks for learning purposes?
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....
Income
10,329 posts
Posted by Income > 2023-12-14 22:38 | Report Abuse
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