@ TheContrarian Thx for the information. Btw I have headache to follow several posts. Can anyone suggest a good price to sell KPS especially after the special dividend?
EGM approved Sale of KingCoil---proposed 4.5sen Dividend---This 4Q proposed 1 sen Dividend--- Come Sale of Plaza KPS 45mil ( egm soon ) Dividend ???---Bumper Dividend for 1st half of 2024. 2nd Half will see Electronic Cycle on Up-trend ( Toyoplas will return with Big Revenue ) Minus Depreciation from KingCoil and Plaza KPS---Nett profit will increase
Yes correct Just unlocking by sale of King Koil has turned Kps into a Net Cash company
Assets are cash in solidification. And Kps still got lots of non core assets to liquidate for cash to give out special dividends like Pelikan. Management has given guidance to sell non core assets for cash. This single move will now see patient investors rewarded
KPS Plaza is a Done deal bcos it is selling back to PKNS ( Selangor Gov Developer )----46mil will give around 8 sents per share ---Have to wait for announcement ( very soon )
I donT know whether there are Any Loan balance. Plaza KPS comes with PKNS. PKNS later taken private from KPS but Plaza KPS remains in KPS portfolio. Some Remisier said. I think wait for announcement to find out
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TheContrarian
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Matccom, you don't have KLSE Screener Application?