10billion allocated for Old Pipes changing every 2 years......2 billions needed for Selangor alone. KPS smart piping already has certification from Air Selangor before Covid. That is the main reason KPS dispose KingCoil to conserve Cash for Massive Pipe Changing projects
APPROVAL FOR AQUA-FLO SDN BHD TO ENTER INTO FRAMEWORK AGREEMENT WITH PENGURUSAN AIR SELANGOR SDN BHD FOR THE SUPPLY AND DELIVERY OF WATER METERS FOR NEW DEVELOPMENT, MIGRATION AND REPLACEMENT PROGRAMME (2023/2024) OF BRASS / THERMOPLASTIC / POLYMER / CO-POLYMER / COMPOSITE WATER METERS FOR THE PERIOD OF TWENTY-FOUR (24) MONTHS COMMENCING FROM 1 JANUARY 2023 TO 31 DECEMBER 2024 WITH AN ESTIMATED CONTRACT SUM OF RM12,972,306.00 _______________________________
New plastic water meter worth 100mil is also on the way bcos new pipes ( new meter also needed ) KPS also bidding for water projects in Kedah, Perak and Pahang
Thank you waterFISH chasers for helping me to escape from half my KPS stake re-acquired in '21 & '22 below 80c (SOLD in '20 & '21 @ 1.07 & 1.14) this morning & maintaining my 100% win record here...+ 810 days of stock trading gains consecutively!!!🤗
SOLDDD 60% of my remaining KPS for 89.5c, taking advantage of this morning's sudden strength & garnering 857 days of trading income in a row!😊
For the longest time Kps was 70¢, Kseng was 3.60, Insas was 80¢ but nobody want buy. Now see where they are now. If u missed those, there's Mphbcap. When it moves...... easily 1.50. Just a matter of time.
https://theedgemalaysia.com/node/697865 -------------------------------------------------- Selangor Gov is going Double Old pipe replacement per year from 150Km to 300Km---KPS is main contender for this extra 150Km of Old pipe ( Mother to Son Contract )
Yes 300 kilometers of pipes replacement jobs Kps stands a good chance
Now we can see some pro-active move by Kps to sell King Koil business to go back to its core job of water again
However do take note Kps serves a market of only 8 million people so it is possible for Kps to go up 30% to 50% price rise no problem after Pba surged
Now can consider palm oil palm 🌴 shares like Jaya Tiasa, Thplant and Tsh Resources. Palm oil is exported to China, India and Pakistan teeming billions and whole world market
Now water tariff up only 22 sen and people chased up Pba from 80 sen to Rm2.50
Palm oil was now rm3900 And cost of Cpo production Rm2000 So there is a huge 95% gross profit
“But we are also always aligned with optimising shareholders returns. If you look at KPS, historically, whenever we have divestments, there will be special dividends,” he assures.
“But we are also always aligned with optimising shareholders returns. If you look at KPS, historically, whenever we have divestments, there will be special dividends,” he assures.
The operator will squeeze out weak holders. Hold tight it will come down first before you can see anything above RM1… I also wish can this stock can go above RM1.
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....
Bullish
870 posts
Posted by Bullish > 2024-01-17 12:31 | Report Abuse
If more people can promote KPS, this stock can rise to above RM2.00 before end of this year.