ya ..... hopefully the state gov is as far sighted as you do @119. I will stay put with my current holding and monitoring the negotiation progress to que for more.....
@hng, I wish I had increased my stake in water concessionaire counters by another 100% during your last recommendation on valuable investment in water theme counters. Your are a real sifu.
up coz they say will come up with a resolution within 2 week..now is the 2nd week edi this Friday. and remember they wan a win win situation..could be 1.9 coming
Remember babies, no way Gamuda will sell at 0.1 times book value. They will not be able to live down the stigma of stupidity. If WASIA applied to force sale, the RM1 trillion Malaysian capital market will collapse. So no way to apply WASIA at 0.1 times. If even 0.5 time (unlikely), KPS shares will fly. I expect at least 1 times BV!
with this volume, it may reach 2.00 soon. This kps already undervalued earlier. This water company shall at least value at 2.00 . 1.75 now is still considered cheap. Hold on to your stock. Don;t sell to early. Let the share run. It still have strong legs.
i think this time the water consolidation really works. The world will be laughing at Msia if this small item also cannot settle after 5 years . Enough with MH 370 , KLIA2 , kidnap in sabah, water rationing,.. I don't think they want to create WASIA for the world to laugh.
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....
upsidedown119
4,326 posts
Posted by upsidedown119 > 2014-06-11 11:46 | Report Abuse
I like the allure of the unknown - possible top-up for splash and likely (to me) vehicle for consolidating Selangor's water assets!