Hehe if delay to seal the deal .. That mean kps can earn more money from splash . . Why some one already knew the deal sure will deal . N still want to panic selling theirs kps share ... Really don't understand .. For the water business is a stabil income that why gamuda dare to fight with government to protect the business . ..
Hi, I am new here and just came across to discover that, some of the blog over here is not bad, example like KLSE Technical Analysis, They were writing analysis yesterday for JianKun, today it fly like god, hit their Geng .. !!
The best outcome will be KPS sold Abbass but retain 30% stake in splash. This is because, by sold off Abbass, KPS will turn into debt free company, and retaining splash which is current major earning contributor will ensure KPS next 16 year earning visibility, splash remaining concession expire in 2030.
Still wait for right timing and right price to re-enter
KPS is indeed a good stock, I think at least gave 4 round of fortune to my portfolio, first 2 round was during disposal of KDEB + special dividend, and the latest 2 were for water theme.
Now, still waiting right timing and right price to re-enter :D)
Wau, so fast all in !? I intend to use remaining capital to split into 2 water theme stock, KPS and Puncak. First batch 10 lots of KPS at 1.56 already in today, still have 2 batch waiting for possible even attractive price.
Good question, in fact almost wanted to buy Puncak today at 3.36, but due to a bit weak sentiment and keen selling volume still at high until last min, so still undecided.......But, will wait next week to examine Puncak share movement whether can stand above 3.35 with next critical support level at 3.30 first, then can decide re-enter more convincingly.
If Splash is sold, KPS will become PN17 co.(no core business). How much sale proceed will be distributed to shareholder? Last co. disposal i received good bonus. How do KDEB offload 9 billions debt? I think the water asset will be injected into KPS and KPS issued Bond @ 5% coupon rate(just guess). With 12% return on water asset(hopefully) KPS will become a very profitable co. for the next 20years
Quasi Govt Bond about 4.82 (Khazanah):AAA grade about 5.2% for 20year. Water in selangor (rich state) should command AA grade(JP Morgan might disagree). 12% return on water asset--you have to read The Edge. The main problem is Syabas. If losses can be reduced then 12%return is an understatement.. But KPS has the mighty trump card, it can raise Water RATE to cover back. If this water restructuring is in Kelantan then I am very sorry and would not touch "KPS" with a 10 feet pole.
Q3 result is out, earning remain fairly consistent, almost all profit derive from Abbass and splash. Still waiting final outcome of splash deal. Similarly, if KPS sold all their water assets, and depending on price of splash, and return of special dividend if any like Puncak, KPS still need to find other viable business to replace the profit vacuum leave by water concession. Remain sideline pending to splash development.
those who want to sell , faster sell -lah. I cannot tahan already. I want to buy at 1.30 sen now, no more 90 cents . Pls give me a chance to buy. Pleaseeeeeeeeeeeeeeeeeeeeee.
If can I hope that KPS remain the water company n don't sell to paab . This business is surely making a lot of money . I will take this kps as my long term investment . Future water traffic sure hike . That mean water business is a printed cash company . I will against the deal when Egm .
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....
Superb99
6,611 posts
Posted by Superb99 > 2014-11-14 10:20 | Report Abuse
simply offer lower price to KPS?