KERJAYA PROSPEK PROPERTY BERHAD

KLSE (MYR): KPPROP (7077)

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Last Price

0.76

Today's Change

-0.015 (1.94%)

Day's Change

0.76 - 0.77

Trading Volume

173,200


7 people like this.

2,040 comment(s). Last comment by fortunefire 3 weeks ago

abcb

2,962 posts

Posted by abcb > 2024-06-21 16:42 | Report Abuse

Short term TP1.10
Medium term TP1.50

luckyman

732 posts

Posted by luckyman > 2024-06-29 17:57 | Report Abuse

https://klse.i3investor.com/web/blog/detail/koonyewyinblog/2024-06-17-story-h-158930859-Property_Stocks_Comparison_Koon_Yew_Yin
A clear reflection of public confidence in the Management Team of the company?
Haha

Ron90

4,089 posts

Posted by Ron90 > 2 months ago | Report Abuse

safe heaven at this level ..90 mil profit annually, once IB cover, you cry ler.

Ron90

4,089 posts

Posted by Ron90 > 2 months ago | Report Abuse

today got strong support

abcb

2,962 posts

Posted by abcb > 2 months ago | Report Abuse

Engine start to move right now
1.00- 1.20

Ron90

4,089 posts

Posted by Ron90 > 2 months ago | Report Abuse

uncle KYY is accumulating nih. Very unlikely he didnt buy when he published and strongly support this stock, few times olready. Full than baru he declare.. huhu.

still can get in, anything below 1.95

abcb

2,962 posts

Posted by abcb > 2 months ago | Report Abuse

Expects the coming quarter report may announce for special dividend to reward shareholders

abcb

2,962 posts

Posted by abcb > 2 months ago | Report Abuse

Very soon to reach above 1.00 anytime

Ron90

4,089 posts

Posted by Ron90 > 2 months ago | Report Abuse

i got a feeling tomorrow we would touch $1.00, just enjoy the ride.. prepare lots of pop corn guys :-)

luckyman

732 posts

Posted by luckyman > 2 months ago | Report Abuse

https://klse.i3investor.com/web/stock/overview/8583
Mah Sing has doubled since Jan 2024 and is trading at PE of 20.
Hopefully KPPROP can catch up.

Ron90

4,089 posts

Posted by Ron90 > 2 months ago | Report Abuse

Mahsing got 2.5 billion shares, 5x compare to this one. U better buy before it fly above .. with less than a million can easilly push this stock above $1.00 .. operator need to eat slowly... but surely !!

felet404

103 posts

Posted by felet404 > 2 months ago | Report Abuse

go go go KPPROP

abcb

2,962 posts

Posted by abcb > 2 months ago | Report Abuse

This week reach 1.00 and a above

yewyin33

315 posts

Posted by yewyin33 > 2 months ago | Report Abuse

I believe all the commentators here have KPP shares. Do you recommend me to buy KPP?
Koon Yew Yin

Sslee

6,222 posts

Posted by Sslee > 2 months ago | Report Abuse

I already sold mine after reading the annual report on number of RCPS outstanding and moreover:
Toh expects the group's net profit margin to drop for the current financial year ending March 31, 2025 (FY2025) compared with FY2024, before rebounding in FY2026 and beyond. This, she said, was because sales recognition would only come in after the new properties are launched by the end of this year.

VincentTang

1,214 posts

Posted by VincentTang > 2 months ago | Report Abuse

I already sold my KPP. Better buy FPHB instead of KPP. FPHB is so undervalue with good prospect. FPHB should worth minimum 1.20. My target price for FPHB is around 1.50 to 2. All its financial figures look super healthy based on its last quarter result provided to Bursa. Go read its last quarter result then you will know.

Ron90

4,089 posts

Posted by Ron90 > 2 months ago | Report Abuse

still holding well. company straight forward, no huge debt, no fishy middle-east project to boost fake numbers. Just waiting for the big break through. love or hate it, when uncle Kyy put up some position, even tiny one pun can cause big ripple effect. like it or not..hehe

abcb

2,962 posts

Posted by abcb > 2 months ago | Report Abuse

Going to hit 1.00 anytime soon

abcb

2,962 posts

Posted by abcb > 2 months ago | Report Abuse

The most cheapest property stocks with less than 1.
00
PE3.9 times only
Earning Per Share 0.247
NTA1.40

Ron90

4,089 posts

Posted by Ron90 > 2 months ago | Report Abuse

ready to fly...

Ron90

4,089 posts

Posted by Ron90 > 2 months ago | Report Abuse

gonna touch the breaking point 1.00 !!

yewyin33

315 posts

Posted by yewyin33 > 2 months ago | Report Abuse

Vincent Tang, can you tell me why you sold KPP which is selling at PE 3.8, the cheapest property share based on PE among the top 10 listed property stocks listed in Bursa Malaysia? KPP EPS for the last 4 quarter is 24.7 sen. Why do you buy FPHB selling at 65 sen and reported 0.01 sen for the last quarter ending March and losses in previous quarter? Koon Yew Yin

abcb

2,962 posts

Posted by abcb > 2 months ago | Report Abuse

To set up REITS?

lcng123

1,121 posts

Posted by lcng123 > 2 months ago | Report Abuse

Their property investment size is not big enough to setup REITS

abcb

2,962 posts

Posted by abcb > 2 months ago | Report Abuse

Get ready to fly by next week.

VincentTang

1,214 posts

Posted by VincentTang > 2 months ago | Report Abuse

To yewyin33

If you go study FPHB financial statements then you will notice this company is seriously undervalued when it was listed.
Another thing is FPHB business expansion. FPHB is shifting to 24 hours working hours to accommodate increased orders.
FPHB is seriously undervalued.

Ron90

4,089 posts

Posted by Ron90 > 2 months ago | Report Abuse

TQ uncle Koon.. KPP finally breached that RM1 .. hope you already join the ship to sail towards RM3

Ron90

4,089 posts

Posted by Ron90 > 2 months ago | Report Abuse

breaking psychological resistant 1.00 with increase volume... good promising performance for tomorrow. Slowly but surely !😁

Posted by Lee Ying Yee > 2 months ago | Report Abuse

add 180m c stocks at 85c ..

fusing79

115 posts

Posted by fusing79 > 2 months ago | Report Abuse

The Dato & Datin (substantial shareholder) start convert RCPS. Upon conversion, RCPS shareholders become shareholders with voting rights and conflicts may arise with existing shareholders.

Sslee

6,222 posts

Posted by Sslee > 2 months ago | Report Abuse

So far already converted 900 million RCPS to 180 million KPPROP share. Still got balance 1,718,054,651 RCPS.

Ron90

4,089 posts

Posted by Ron90 > 2 months ago | Report Abuse

moved from here to Pharma, already produce better profits 😁😁

Sslee

6,222 posts

Posted by Sslee > 2 months ago | Report Abuse

KYY sudah lari!

Posted by yewyin33 > 1 hour ago | Report Abuse

I sold all my KPP shares because of the Redeemable Convertible Preference Share (RCPS). Koon Yew Yin

yewyin33

315 posts

Posted by yewyin33 > 2 months ago | Report Abuse

Recently one smart accountant pointed out to me that KP Property has millions of Redeemable Convertible Preference Shares (RCPS). This will affect its share price. That is why I sold all my KPP shares to buy KSL. Koon Yew Yin

Willtolive

509 posts

Posted by Willtolive > 2 months ago | Report Abuse

noted KYY

Michael Kwok

6,350 posts

Posted by Michael Kwok > 2 months ago | Report Abuse

Kpp 94 cents
Long term after cny tp rm 1.35 above.
24/7/24 12.31am

Sslee

6,222 posts

Posted by Sslee > 2 months ago | Report Abuse

If next two qarters q to q earning drop what will be the price TP after CNY?

dompeilee

11,888 posts

Posted by dompeilee > 2 months ago | Report Abuse

Be careful of this fake expert Michael Kwok. Here is his action in Sino Hua-an in Mar '18 shortly after it began its long long long DESCENT down to 0.5c pre-consolidation:


Forum: Stock[TECHNAX]: TECHNA-X BERHAD / I3investor

Posted by Michael Kwok > 2018-03-09 16:44

Me average down 5 figures at 50 cent.

Michael Kwok

6,350 posts

Posted by Michael Kwok > 2 months ago | Report Abuse

Dompoilee.i write so many up.but u dig many years ago.throw long time ago.u think people low iq would not cut loss.
24/7/24 9.35pm

Michael Kwok

6,350 posts

Posted by Michael Kwok > 2 months ago | Report Abuse

Dompoilee 42 followers me 270 followers.please dun expect people no cut loss if something not right.
24/7/24 8.38pm

lcng123

1,121 posts

Posted by lcng123 > 2 months ago | Report Abuse

Conversion of RCPS is not FOC, they need to pay 85sen/share, about 10% discount from the current price, is acceptable.

Sslee

6,222 posts

Posted by Sslee > 2 months ago | Report Abuse

The RCPS is part of payment for acquisition. The RCPS holders just need to surrender 5 RCPS for 1 KPPROP share.

Acquisition of subsidiaries
The Company had, on 9 August 2019, announced the following acquisitions and transactions that were approved by the shareholders in the Extraordinary General Meeting held on 23 December 2019:-
i) Acquisition of the entire equity interest in Aeon Frontier Sdn. Bhd. (“AFSB”) for a purchase consideration of RM33,473,902 (“AFSB Acquisition”) which was satisfied via the issuance of 196,905,307 shares in the Company (“Company Shares”) at an issue price of RM0.17 per Company share;

ii) Acquisition of the entire equity interest in Kerjaya Property Sdn. Bhd. (formerly known as Kerjaya Prospek Property Sdn. Bhd.) (“KPSB”) for a purchase consideration of RM367,590,902 (“KPSB Acquisition”) of which RM100,000,000 was satisfied via cash and RM267,590,902 which was
satisfied via the issuance of 1,574,064,127 redeemable convertible preference shares in the Company (“Company RCPS”) at an issue price of RM0.17 per Company RCPS;

iii) Acquisition of the entire equity interest inKerjaya Hotel Sdn.Bhd. (“KHSB”) for a purchase consideration of RM270,978,389 (“KHSB Acquisition”) which was satisfied via the issuance of 1,593,990,524
Company RCPS at an issue price of RM0.17 per Company RCPS;
(Collectively, i), ii) and iii) above are referred to as the“Acquisitions”)

fusing79

115 posts

Posted by fusing79 > 1 month ago | Report Abuse

Hi SsLee - do you know where can we get information like whether the company has RCPS ?

sakurako

211 posts

Posted by sakurako > 1 month ago | Report Abuse

KPPROP should be releasing QR by tmr

Posted by Ubaidah At-Tasiki > 1 month ago | Report Abuse

Let's join the agm

Posted by Ubaidah At-Tasiki > 4 weeks ago | Report Abuse

Worse quarter..

Posted by Ubaidah At-Tasiki > 4 weeks ago | Report Abuse

Go&see their "star" hotel review like the shore & swiss garden hotel. Most of them very disappointing . I will sell this co

mf

28,636 posts

Posted by mf > 4 weeks ago | Report Abuse

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fortunefire

1,486 posts

Posted by fortunefire > 3 weeks ago | Report Abuse

parking at 0.6x

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