Posted by kathyng > 2018-08-08 23:37 | Report Abuse

Unless selangor government declares bankrupt the next day after signing then it will be a totally different story

Posted by kathyng > 2018-08-08 23:40 | Report Abuse

Think of the interest for 1mdb, can we get discount for the interest charged upon 1mdb?

Posted by kathyng > 2018-08-08 23:43 | Report Abuse

Besides that, some of the 638M has already been written off as bad debt so now they are gonna do a reversal of written off

Posted by bleuerouge > 2018-08-09 10:12 | Report Abuse

taliwrk gonna rebound, don't miss.

Posted by zepth91 > 2018-08-09 10:47 | Report Abuse

this aftenoon,this counter will surge

Posted by Yael Jasper > 2018-08-09 11:12 | Report Abuse

well done

Posted by Lim Tek Wai > 2018-08-09 11:39 | Report Abuse

很好

Posted by smartly > 2018-08-09 14:56 | Report Abuse

with gamuda out of the picture for o&m with splash, high chance that taliwrk will continue to be the beneficially of the o&m water treatment plant contract...
sapu taliwrk before it is too late, price will leap frog like no biz later on....

Posted by smartly > 2018-08-09 15:03 | Report Abuse

ssp1 o&m belong to taliwrk soon ssp3 as well sapu....

Posted by magus > 2018-08-09 15:48 | Report Abuse

@kathyng, bravo for your comments, shows good understanding of the issue at hand; I think it might be possible that Tali may take a haircut; yes I understand that contractual obligations are paramount but Tali may take a haircut to expedite the process of getting its receivables back from Splash and to ensure full payment for future work rendered. And no I do not think the Selangor govt will go bankrupt over this deal.

Posted by magus > 2018-08-09 15:49 | Report Abuse

Tali does have great potential and it is now a good time to load up.

Posted by bleuerouge > 2018-08-09 15:52 | Report Abuse

it's time to accumulate

Posted by Investeye > 2018-08-09 16:28 | Report Abuse

A sign of Gamuda is rejected the offer? .. Tomorrow will have clearer picture..

KUALA LUMPUR (Aug 9): Gamuda Bhd's 80%-owned unit Gamuda Water Sdn Bhd would not continue to be the operation and maintenance (O&M) contractor for the SSP3 Water Treatment Plant, according to Minister of Water, Land and Natural Resources Dr Xavier Jayakumar.

Speaking to reporters at Parliament lobby today, Xavier said under the deal, the Federal Government will foot the RM1.9 billion bill as upfront payment for Pengurusan Air Selangor Sdn Bhd (Air Selangor) to take over Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH).

In return, the Federal Government-owned Pengurusan Aset Air Bhd (PAAB) will take over the water assets under SPLASH, and lease them back to Air Selangor over the long term to pay back the upfront payment.

However, Xavier said Air Selangor has not finalised the leasing terms, merely stated that it is a "long-term lease".

"Gamuda will be out of the picture, that is the whole purpose of the deal. Anyway we bought it at a discount, the net book value was RM3.54 billion," he said.

"The Federal Government will pay the RM1.9 billion, the remaining RM650 million will be paid by state government through instalments," he said.

Gamuda is the biggest shareholder of SPLASH with a 40% stake, while Kumpulan Perangsang Selangor Bhd (KPS) owns 30%. Sweet Water SPV Sdn Bhd, a private vehicle of businessman Tan Sri Wan Azmi Wan Hamzah, owns the remaining 30% stake.

Last Friday, newly appointed Selangor Menteri Besar Amirudin Shari announced that state government-owned Air Selangor offered to buy out SPLASH at RM2.55 billion.

The acquisition requires Air Selangor to make an upfront payment of RM1.9 billion upon signing the definitive agreement. The remaining RM650 million will be paid in instalments over a period of nine years.

Posted by Cyphuell Azm > 2018-08-09 21:12 | Report Abuse

Gamuda & kps accepted the offer

Posted by Investeye > 2018-08-10 08:10 | Report Abuse

Great! Finally the deal is on and will complete by 14th September. Good opportunity to accumulate more at present price or lower as the share price will gradually up..

Posted by zepth91 > 2018-08-10 09:30 | Report Abuse

slowly rising

Posted by zepth91 > 2018-08-10 11:03 | Report Abuse

no show?

Posted by jordanmaggie61 > 2018-08-10 11:27 | Report Abuse

有买有赚

Posted by zepth91 > 2018-08-10 15:26 | Report Abuse

so many people throw back, why?

Posted by Investeye > 2018-08-10 16:48 | Report Abuse

But I take opportunity to accumulate few more posts at RM1.16

Posted by magus > 2018-08-10 19:59 | Report Abuse

i think must wait for the qrtly announcement first to see how and when Tali can get back its receivables from Splash; and whether any special dividend coming or not then only Tali will move.

Posted by cutie > 2018-08-10 21:00 | Report Abuse

Every 3 months paying dividend of 2 Sen. Better than fd. I don't think it will go back to 80 Sen.

Posted by johnny20 > 2018-08-11 19:22 | Report Abuse

Qr just around the corner. One of the thing that people concern right now.

Posted by thor85 > 2018-08-11 20:43 | Report Abuse

https://www.nst.com.my/news/nation/2018/08/400059/air-selangor-denies-splash-takeover-was-too-costly

All concession agreements granted to private companies will be terminated and there will be no multiple profits enjoyed by concessionaires such as SPLASH.

Is this will affect taliwork????

Posted by PenguinDad > 2018-08-13 10:35 | Report Abuse

NOT THINK SO... KPS, TAILWRK N GAMUDA are together in Splash.

Posted by magus > 2018-08-13 11:24 | Report Abuse

Taliw not part of splash or shareholder; it is just a service provider

Posted by johnny20 > 2018-08-13 12:40 | Report Abuse

any predictions for the upcoming qtr report?

Posted by Investeye > 2018-08-14 11:42 | Report Abuse

Got a few lots at RM1.12 & RM1.11. ..

Posted by kinetic > 2018-08-14 12:31 | Report Abuse

From : CGSCIMB Research/The Edge Financial Daily August 14, 2018 11:10 am +08

"...Air Selangor targets to reduce SPLASH’s bulk supply rate (BSR) from RM1.37/cu m to 42 sen to 44 sen/cu m, a significant reduction of 67.9% to 69.3%...."

From Taliworks last latest qtr report :

"...the increase in the BSR from RM0.42/m3 to RM0.44/m3 for SHSB and from RM2.15/m3 to
RM2.24/m3 for Taliworks (Langkawi) Sdn Bhd effective 1 January 2018 (“BSR Increase”)..."

My guess : Taliworks stand a good chance to continue the O&M service for ssp1.

Posted by hnf202 > 2018-08-14 12:32 | Report Abuse

what happen to taliworks?? keep dropping.

Posted by bleuerouge > 2018-08-14 15:54 | Report Abuse

rebound from bottom

Posted by Investeye > 2018-08-14 15:56 | Report Abuse

It is just Great! With quarterly 2 cents paid out during 2.5years and now should be in better shape yet price is low???

Posted by kinetic > 2018-08-14 16:15 | Report Abuse

This quarter will get less than 2 cents as i believe cash flow tight as no full payment from Splash. But surely will be compensated in near future once deal/debt settled as special div is expected, even if the debt to be settled by installment(mostly will be).

Posted by Cyphuell Azm > 2018-08-14 22:04 | Report Abuse

One of Taliworks’ core businesses is in the privatised water supply sector. It comprises of an operation and maintenance (“O&M”) contract for the Sungai Selangor Phase 1 Water Treatment Plant (“SSP1”) that supplies treated potable water to large parts of Selangor and Kuala Lumpur, and the water treatment, supply and distribution system for the entire Pulau Langkawi, Kedah. The O&M contract which is for a duration of 30 years, is undertaken by Sungai Harmoni Sdn. Bhd. (“Sungai Harmoni”) and it expires in January 2030.

The water treatment, supply and distribution system in Pulau Langkawi is managed by Taliworks (Langkawi) Sdn. Bhd. (“Taliworks Langkawi”) under a 25 years concession ending October 2020. Taliworks Langkawi has been granted an authorisation under Section 192(5) of the Water Services Industry Act 2006 by the National Water Services Commission (“SPAN”) to undertake and carry out the operation and activities under the Langkawi Water Supply Privatisation Agreement dated 7 October 1995 and the Supplemental Agreements dated 4 August 1999, 22 July 2001 and 1 August 2004 effective from 1 February 2013 to 31 October 2020.

These two companies manage a total of 6 water treatment plants with a combined maximum operating capacity of 1,137 million litres per day (Sungai Harmoni: 1,040 million litres per day; Taliworks Langkawi: 97.0 million litres per day).

Posted by Cyphuell Azm > 2018-08-14 22:06 | Report Abuse

Taliwark's o&m contract for ssp1 is until 2030..

Posted by zepth91 > 2018-08-15 10:12 | Report Abuse

quarter report this friday,yet still no movement

Posted by zepth91 > 2018-08-15 10:48 | Report Abuse

at oversold region

Posted by thor85 > 2018-08-15 14:59 | Report Abuse

taliwork keep dropping since the worst water selangor deal.

Posted by hnf202 > 2018-08-15 15:28 | Report Abuse

or because the uncertainty of the qtr report?

Posted by bleuerouge > 2018-08-17 00:29 | Report Abuse

still cooking the QR?

Posted by Yael Jasper > 2018-08-17 11:08 | Report Abuse

Best timing to invest now, buy more earn more hehehe

Posted by Lim Tek Wai > 2018-08-17 11:37 | Report Abuse

Good stock, make huge profit !

Posted by bleuerouge > 2018-08-17 15:30 | Report Abuse

really? QR already released?

Posted by hnf202 > 2018-08-20 16:07 | Report Abuse

any idea when QR will release?

Posted by Administrator > 2018-08-20 21:59 | Report Abuse

pump

Posted by smartly > 2018-08-21 09:56 | Report Abuse

dividend coming... :)

Posted by Investeye > 2018-08-21 10:11 | Report Abuse

This wave will stronger than previous wave?

Posted by Shinnzaii > 2018-08-21 17:04 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5889213

Posted by thor85 > 2018-08-21 18:17 | Report Abuse

no wonder taliwork keep going up.

Posted by cutie > 2018-08-21 20:03 | Report Abuse

Receivables paid 10 percent each year for 10 years. Not one lump sum.