Posted by watchme > 2014-05-26 15:05 | Report Abuse

oversold

Posted by watchme > 2014-05-26 15:22 | Report Abuse

alah hold for another 3 months lo

Posted by dragonslayer > 2014-05-26 16:06 | Report Abuse

Aiyo....why released QR at the middle of lunch break....aiyoyo....like that make ppl unhappy lor......out of sudden share price plunged.....aiyoyo.......if old uncles and aunties holding the shares later kena heart attack for nothing baru tau lor.......hope the director dun do it again in the future lor.......for announcing the QR so suddenly at this odd hours.....aiyoyo........hope he continue to buy back shares to support the share price just to make us happy again lor.....aiyoyo.....really can happen meh.....just wait and see lor.....ha ha ha

Posted by calvintaneng > 2014-05-26 17:50 | Report Abuse

EPS DROPS this quarter - so sell away KPSCB?

CALVIN TAN CALL FOR A BUY ON WEAKNESS

Reasons

1) Quarter to quarter profit only reduced from RM4.2 Millions To RM3.1 Millions. Since November To March Is Slow Period Due To Year End Holidays & Festive Seasons Revenue Down Is Normal

2) Debt of RM0.429 Million Repaid This Current Reporting Period. Gearing reduced.

3) Since the Last Quarter Result Director Has Been Buying & Buying

28/02 Director bought 278,000 shares at 50.5 cts
13/3 250,000 shares at 53.5 cts
14/3 200,000 shares at 52.5 cts
20/3 400,000 shares at 51.8 cts.
21/4 65,000 shares at 58 cts.
8/5 13,000 shares at 53.5 cts
16/5 13,000 shares at 55.5 cts
21/5 16,000 shares at 55 cts


Since Insider Is Buying & Buying And Zero Selling, KPSCB IS DEFINITELY A BUY ON WEAKNESS

Posted by calvintaneng > 2014-05-26 18:03 | Report Abuse

What are the last 4 quarters result adjusted? They are

1.17, 2.00, 0.92 & 2.24 = 6.33 cts

52 cts divided by 6.33 cts = 8.21 P/E

If 10 P/E KPSCB Should be 63.3 cts.

If Paper Product Bullish (See Ornapaper & Muda) Then KPSCB Should Trade At P/E 15 or adjusted target price of 94.5 cts.

Other favourable figures are

1) Receivable decreased.
2) NAP increased from RM1.38 to RM1.39

Plus: KPSCB IS ALSO SELLING TOILET PAPERS LIKE NTPM. A RECESSION PROOF BUSINESS.

AND ITS NTA HAS NOT BEEN REVALUED YET.

KPSCB QUALIFIES AS A GRAHAM NET NET LIKE HEXZA WITH BETTER GROWTH PROPECTS & ABOVE ALL RECESSION PROOF LIKE NTPM.

While Hexza Has NTA but less growth & NTPM has defensive growth in toilet but lack NTA - KPSCB has The Best Of Both Worlds

1) HIGH NTA like Hexza
2) Good Growth like NTPM

PLUS THE BUSINESS IS HIGHLY DEFENSIVE WITH TOILET PAPERS PRODUCTION AS A COMPONENT

Regards,

Calvin Tan

Posted by watchme > 2014-05-26 18:17 | Report Abuse

good updates..ope it goes back to 60 level in next 2 months

Posted by john29 > 2014-05-26 18:56 | Report Abuse

Gud fundemental.jerung dun want to come in

Posted by dragonslayer > 2014-05-26 19:00 | Report Abuse

Aiyo.......if so good like that why no ppl wanna goreng it up leh.......dun tell me it is the same as MPCorp........undervalued stock ha......aiyoyo....undervalue stock will remain undervalue forever or not.........this one I dunno lor.......hope the Director is supporting the price lor........else......no eyes to see liao lor........aiyoyo.........sudden drop in sales and profit ........but ......good point is the NTA inched up 1 sen......when baru nak naik ni.......aiyoyo.......why no update on the asset revaluation leh........aiyoyo.......if revalue......NTA should be higher lor.........aiyoyo....why not revalue leh.......dun tell me the DIrector want to keep it a secret forever and keep buying the company shares....aiyoyo.......ha ha ha

Posted by watchme > 2014-05-26 21:18 | Report Abuse

get some b4 too late

Posted by dragonslayer > 2014-05-26 21:31 | Report Abuse

Aiyo...must see what direction the director want it to be lor.....not a goreng ctr lai aeh...all depends on director playing only.....aiyoyo......load more will go polarland directly without going holland.....baru tau lor........aiyoyo.......ha ha ha

Posted by calvintaneng > 2014-05-26 21:48 | Report Abuse

Why Director Is Buying Up KPSCB Shares? Let's Take A Look At Annual Report TOP 10 Properties of KPSCB

Of the 10 properties Two Are In Iskandar. OK. I'll try to give a value as I know these property locations well.

7) A Warehouse about 50,000 sq ft (Slightly more than an acre.) in Jalan Bukit 3, Bandar Sri Alam. Price is RM2,583,000.
What is the Current Price.

Nearby Is UM Land 3 Storey Shophouses. Original cost RM750,000. Now RM1.6 Millions
Up 113% in less than 2 years.

So 2.583,000 x 2.13 = RM5.5 Millions (This Is A Rough Estimate. Could be more or less.)


10) 3 Storey Shophouses in TAMAN MASAI UTAMA. Right In The Heart Of Masai Commercial District. Bought in year 2008. Price RM528,000.

To Find The Current Value Let Us Compare it With Ecoworld's Latest Launches in Kota Masai (About 10km to 15 km away.) 2 Storey Shops. Price RM870,000. All Sold Out.

KPSCB Shops Is In Very Prime Area.

Let's see. If KPSCB is In Bangsar Ecoworld is in Kelana Jaya. Is Bangsar is better location than Kelana Jaya? Of Course!

So KPSCB 3 Storey Shops Should Be Double of Ecoworld's only 2 storey ones.

So RM870,000 x 2 = RM1.74 Millions.

From Here You Can See For Yourselves Whether the NTA or NAP of KPSCB Is RM1.39 or not?

Calvin Tan Research Would Put It At Least RM2.00 to RM2.50

SO NOW YOU KNOW WHY DIRECTOR IS WILLING TO BUY & BUY EVEN TO A HIGH OF 58 Cts.

Posted by dragonslayer > 2014-05-26 21:59 | Report Abuse

Aiyo..the director buying a bit a bit at one time......and try to buy at low price as possible....latest result....will depress the price for him to accumulate more shares....aiyoyo....ha ha ha

Posted by 4u2c > 2014-05-27 04:09 | Report Abuse

will need to hold...cant b a star performer

Posted by calvintaneng > 2014-05-27 16:23 | Report Abuse

KPSCB SALIENT POINTS

1) P/E 8
2) NTA RM1.39. If Revised: RM2.00 to RM2.50
3) Director Share Buy Back. No Selling.
4) Plywood Sales In Iskandar Garnered RM1.7 Millions in 1st Three Months of 2014
5) Tissue & Toilet Factory In Perak Made Good Money
6) Well Diversified Recession Proof Growth Stock With High NTA
7) A GRAHAM NET NET VALUE STOCK WITH HIGH MARGIN OF SAFETY!

Posted by calvintaneng > 2014-05-27 16:25 | Report Abuse

CALVIN TAN RESEARCH

1) VISITED KPSCB PLYWOOD FACTORY IN BANDAR SRI ALAM TODAY & DISCOVERED GOOD SURPRISES!

WATCH FOR UPDATES!

Posted by dragonslayer > 2014-05-27 16:47 | Report Abuse

Aiyo.........got live updates on the company asset.......stay tune to see what are the suprisses lor.........not even updated by the companys' directors in details........aiyoyo........I started to wonder who is the director of the company now.......the one work without getting pay .......or ......the one sitting in the office keep buying the company shares........aiyoyo.......terbalik pulak........ha ha ha

Posted by calvintaneng > 2014-05-27 20:19 | Report Abuse

Yes Dragonslayer & all here,

This Afternoon I paid a visit to KPSCB Plywood Factory in Jalan Bukit 3, Masai Industrial Park in Bandar Sri Alam.

I thought it was a small 2 storey office with about an acre empty land. To my Surprise It Was Actually A Well Built Up Decent Factory.

Note: At the height of the 1993 Super Stock Market Boom I travelled to Batu Pahat to see Hwatai Biscuit Factory. Hwatai was traded at an Unbelievable RM200 per share then. To my disappointment Hwatai Factory was a let down - an old dilapidated building.

Now KPSCB Is A Different Storey. It Is A Huge Nice BIG FACTORY. I met Ms Pang & Mr Wang the Regional Manager of KPSCB.

According to them the Factory & Renovation cost RM3 millions. Book value is RM2,583,000. Renovation for further extension was RM450,000. Inside is plywood piled roof high.

Current Value According to Ms Pang is about RM6 to RM7 Millions. Mr Wang gave a more modest estimation at RM5 Millions. So my earlier calculations of RM5.5 Millions should be quite as safe guide.

According to Mr Wang or Wong (we conversed in mandarin) said that profit from plywood sale in first 3 months of year 2014 is already RM1.7 Millions. And The Toilet Tissue Factory in Perak Is Also Making Very Good Profit. As they were busy I bade them good bye.

Then I proceeded to Taman Masai Utama to see shophouse no 49, Jalan Masai 1. It is tenanted to a Computer Firm for RM2,700 per month. At Book Value RM582,000 We Get A Rental Yield of 5.5%

A check with shop owners nearby confirmed the Original Purchase Price in year 2008 to be RM580,000. What is the current price? Since nobody is selling the only comparison is with those at the back (The Old Masai Town). 3 storey shops asking price around RM1 to 1.5 Millions. As KPSCB Shop Is Facing Main Highway It Should Command A Higher Price - Say RM1.3 to 1.6 Millions. However, this is only a brief guess only

To be continue...

Posted by calvintaneng > 2014-05-27 20:25 | Report Abuse

On returning I told OSK Iskandar Top Boss about KPSCB Undervalued Assets. Then he checked and gave these figures.

After year 2018 Kpscb made profit every quarter. In fact for a 12 long year stretch of 48 quarterly reports KPSCB Has CONSISTENTLY MADE PROFIT - 40 QUARTER PROFITS & ONLY 4 QUARTER LOSSES.

Will Be Visiting Factory With Him again as he is also quite interested to know more

Posted by calvintaneng > 2014-05-27 20:26 | Report Abuse

Sorry should be 2008

Posted by dragonslayer > 2014-05-27 22:10 | Report Abuse

Aiyo Calvin......one big problem is compamy dun really taking care of the shareholders....no dividend policy to distribute company wealth.....aiyoyo......kesian to long term shareholders........only can sell share to recognise the profit......can check with them why made profit so many qtrs continuosly also never give goodies to shareholders......aiyoyo.....so much in retained profit acct........ha ha ha

Posted by wcs0201 > 2014-05-27 22:19 | Report Abuse

dragonslayer, hmmm, after reading your comment, seem like you have less interest in this company... maybe can switch from here dy? lol ... :)

Posted by watchme > 2014-05-27 22:24 | Report Abuse

something must be boiling....

Posted by dragonslayer > 2014-05-27 22:26 | Report Abuse

Aiyo.....if not interested wont be in this forum liao....emmm....still have shares leh....just dun understand certain logic behind.....so posting query lor.......hope got answer from forummers lor....aiyoyo.....at the same time chit chatting while in the polarland lor......ha ha ha

Posted by watchme > 2014-05-28 08:30 | Report Abuse

few ppl are buying up large stake..I heard....

Posted by dragonslayer > 2014-05-28 08:50 | Report Abuse

Aiyo......when price depressed like this...of course got ppl sapu at the bottom lor.......one of them could be the director lor......ha ha ha

Posted by calvintaneng > 2014-05-28 10:23 | Report Abuse

Yes, you can see Director Share Buy Back From Bursa Filing. It is quite safe to buy below Director Buying Price.

51.5 cts is really the lowest price for the last 3 months of Director's continual accumulation

Going To Booming Iskandar now. Bye..

Posted by calvintaneng > 2014-05-28 14:11 | Report Abuse

Correction,

According to OSK Iskandar Top Boss. For 12 years of 48 Quarters

KPSCB Was Profitable For 44 Quarters & Only 4 Quarters Not Profitable. So More Than 90% of the Time KPSCB IS PROFITABLE.

Not Only That There Are 4 More Positive Factors:

1) Assets Have Appreciated A Lot. So NTA at RM1.39 Should Now Be RM2.00 to RM2.50 range
2) PlyWood Sales Will Increase tremendously In Iskandar Going Forward
3) For Paper Miling, Recent 30% price hike has benefited Ornapaper, Muda, Pelikan & Asia File.
This will also increase KPSCB performance. As of now Market is unaware
4) KPSCB also produce downstream paper products like tissue & toilet paper. Very defensive recession proof products.

And Best of All Director Himself bought & bought.

Posted by dragonslayer > 2014-05-28 14:58 | Report Abuse

Aiyo.....director buying is good lah.......but ha .....he always want to buy low nia nia leh.....not so eager to push up the price one lor.....aiyoyo........at the end the price will still move or not.....hard to say lor........unless OSK write on this company and give a fair value else many will still not look at it lor......No Reporter write articles to promote it ......aiyoyo......susah sikit olang mau tau lor........aiyoyo......ha ha ha

Posted by Steven Yong > 2014-05-28 19:48 | Report Abuse

Very good company to hold. Major holder not holding too much now, so unlokely see huge jump 8n price. And boss is smart, collect slowly to eat up balances. Someday when reach top30 holders around 80% you will see it skyvrocket like dsonic, fpi,hlind.

Posted by watchme > 2014-05-29 10:30 | Report Abuse

I wish too

Posted by Jess > 2014-05-29 10:32 | Report Abuse

Good ! HOLD?

Posted by watchme > 2014-05-29 11:10 | Report Abuse

force selling...

Posted by watchme > 2014-05-29 11:12 | Report Abuse

lower than director bought price, safe bet

Posted by wcs0201 > 2014-05-29 23:16 | Report Abuse

still dropping , sad, bought at high price :(

Posted by calvintaneng > 2014-05-30 08:06 | Report Abuse

Price dropped?

This was my experience with KPS.

Bought with Mr. Teh of OSK Johor at 50 cts

After buying KPS Sropped to 45 Cts - a loss of 5 cts or 10%

Mr. Teh Sold Off at 45 Cts (10% Stop Loss Method - so sell lah)

Calvin bought more at 45 Cts.

After buying KPS dropped again to 42 Cts. Mr. Teh laughed at Calvin for not cutting loss.

Calvin suffers but Hold Tight at 42 cts. Still Bought Some More.

THEN ALAMAK! KPS CRASHED TO 39 CTS.

CALVIN FELT PAIN FOR CATCHING FALLING KNIVES!

KPS AT 39 CTS? ALL TIME HISTORIC LOW? GREATEST BARGAIN? ALL ARE NOW IN FEAR OF PN17. CALVIN FELT GREAT PAIN. BUT CALVIN STILL HOLD TIGHT.
SHOULD HAVE BOUGHT MORE. BUT CALVIN NO IRON MAN MAH? SO CALVIN JUST HOLD TIGHT. ALL THE REST STAYED AWAY FROM KPS AT 39 CTS.

HA! A BIG BARGAIN IS SHUNNED.

THEN KPS WENT UP UP UP UP UP ALL THE WAY TO RM3.00

THE MARKET NOW ALL TURNED POSITIVE ON KPS!

KPS SHOT UP TO RM3.94!

Posted by calvintaneng > 2014-05-30 08:13 | Report Abuse

BETWEEN RM3.00 to RM3.94 KPS WAS A BIG BUBBLE. MR. MARKET WENT GA GA OVER A BIG BUBBLE. EVERY BODY SHUN KPS AT 39 CTS WHEN IT WAS A BIG BARGAIN. BUT EVERY BODY EMBRACED KPS AT RM3.00 to RM3.94 WHEN KPS TURNED INTO A BIG BUBBLE.

HA! THE MARKET IS REALLY STUPID. IT SHUNS MONEY MAKING BARGAINS & CHASE MONEY LOSING BUBBLES!

THIS IS THE ESTABLISHED TREND IN HUMAN NATURE - IT BEHAVES IRRATIONALLY IN THE STOCK MARKET.

TO WIN YOU MUST GO AGAINST HUMAN NATURE & THE POPULAR MARKET OPINION OF THE DAY!

Posted by calvintaneng > 2014-05-30 08:14 | Report Abuse

SO KPSCB DROPPED?

FALLING KNIVES OR BUYING OPPORTUNITY?

DECIDE CAREFULLY

Posted by watchme > 2014-05-30 09:56 | Report Abuse

I will say BUY!.....with continuous qtrs. profit.

Posted by dragonslayer > 2014-05-30 16:27 | Report Abuse

Aiyo...falling knife until floor oredy...can start accumulate liao......if director start annoucing his purchased again.......hope he quickly settle it lor.....aiyoyo.....ha ha ha

Posted by watchme > 2014-05-31 23:11 | Report Abuse

contra force sell over..should begin to recover soon

Posted by calvintaneng > 2014-05-31 23:30 | Report Abuse

In www.kpscb.com.my

Company products

1) Plywood (In Booming Iskandar) Plywood is essential for form and mold for making on site piles, beams and foundations for buildings.

2) Paper Products like Double A Photocopy Paper

3) Pop-up tissue,paper serviette, and toilet rolls

4) Laminated wall panels

5) Distribute cement for Lafarge

6) Distribute steel products for Amsteel

7) Office stationary and household products.

Similar companies are Muda, Ornapaper, Master pack & Asia File
All have gone up in prices. KPSCB is the only laggard

Posted by watchme > 2014-06-01 11:03 | Report Abuse

min. PE 10

Posted by wcs0201 > 2014-06-01 21:50 | Report Abuse

hold firm :)

Posted by dragonslayer > 2014-06-02 11:53 | Report Abuse

Aiyo...director when baru mau annouce purchased new shares.....aiyoyo.....ha ha ha

Posted by watchme > 2014-06-02 13:16 | Report Abuse

if can hold..buy in at this level....:)

Posted by dragonslayer > 2014-06-02 15:42 | Report Abuse

Aiyo....have to stay in Polarland liao lor......aiyoyo.....never expect it to go down so much lor....is this the bottom liao....or .....some more to go........aiyoyo.......ha ha ha

Posted by watchme > 2014-06-03 10:28 | Report Abuse

still holding....tight.

Posted by Ameera > 2014-06-03 19:24 | Report Abuse

Me too....HOLD!

Posted by watchme > 2014-06-04 13:02 | Report Abuse

consolidating at 51 level.......wait for another week

Posted by dragonslayer > 2014-06-04 18:46 | Report Abuse

Aiyo...........director resumed the buying spree.......like that can see it turn around liao lor.....ha ha ha


http://www.bursamalaysia.com/market/listed-companies/company-announcements/1646573