KUMPULAN PERANGSANG SELANGOR

KLSE (MYR): KPS (5843)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.735

Today's Change

-0.02 (2.65%)

Day's Change

0.735 - 0.75

Trading Volume

329,300

Entitlement

Upcoming

Happening

Ann. Date Ex Date Type Subject Amount
Discussions
11 people like this. Showing 50 of 18,012 comments

hhhiii123

Good good dividend coming, hehe

2 months ago

Matccom

@ TheContrarian
Thx for the information.
Btw I have headache to follow several posts.
Can anyone suggest a good price to sell KPS especially after the special dividend?

2 months ago

TheContrarian

When market sentiment is bullish I normally aim for a minimum gain of 30%.

1 month ago

speakup

speakup bought 70sen. 30% means speakup should sell at 91sen?

1 month ago

TheContrarian

@speakup, up to you.

1 month ago

Luisa7

It probably might move up to 90 cents if its q4 result is good

1 month ago

TheContrarian

Bought at 76 sen.

1 month ago

moven00

As long as you’re invested in the stock market, nothing to shout about your win or great escape. It’s a place that will teach you be humble.

1 month ago

ocbc

2024 is year of water dragon ! collect slowly bom bit bit !

1 month ago

TheContrarian

It's year of wood dragon.

1 month ago

TheContrarian

Bought at 74.5 sen this morning.

1 month ago

xiaoeh

come down more
waiting

1 month ago

TheContrarian

Bought at 74 sen.

1 month ago

xiaoeh

Dear all Sifus
may i know what good about KPS?

1 month ago

TheContrarian

Nothing good about KPS, I buy in case suddenly they announce to take it private.

1 month ago

speakup

Net debt company with PE 46x. Good enuf for u?

1 month ago

SinGor

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3428174
_________________________

As expected Plaza KPS is Sold----RM46mil ( sold to KPS's Mother---Selangor Gov )

Why raise so much Cash in Hand---I think KPS has locked in a "Big Selangor Project "

1 month ago

Luisa7

Was there any good news at yesterday's EGM? 🙂

1 month ago

Income

Share your progress, not your goals and you will always be motivated.

1 month ago

Income

You'll lose 99% of your close friends if you start upgrading your life.

1 month ago

SinGor

EGM approved Sale of KingCoil---proposed 4.5sen Dividend---This 4Q proposed 1 sen Dividend---
Come Sale of Plaza KPS 45mil ( egm soon ) Dividend ???---Bumper Dividend for 1st half of 2024.
2nd Half will see Electronic Cycle on Up-trend ( Toyoplas will return with Big Revenue ) Minus Depreciation
from KingCoil and Plaza KPS---Nett profit will increase

1 month ago

Luisa7

Thanks, SinGor. Got special dividend in FY2024? 😁

1 month ago

Income

Government and politicians are one giant S that'll never save you from your problems.

1 month ago

SinGor

special dividend should comes from KPS Plaza Sale ( about 8.5 cents / shares ) DonT know whether
Management will Give any Dividend Out ?

1 month ago

TheContrarian

4.5 sen special dividend from approved sale of KingCoil anytime soon.

4 weeks ago

calvintaneng

Good

After 4.5 sen dividend from king koil sale will come

Sale of Cenbond
This one sells cement backs is also non core

Give a better dividend than king koil
Say 6 sen?

And then sell more and give even more like Pelikan

After that Kps can fly like Pelikan

3 weeks ago

calvintaneng

Cenbond controls major market of cement bags

It has been profitable

Sure can find buyers

3 weeks ago

SinGor

RM270mil KingCoil Sale Done today----waiting for Dividend announcement

3 weeks ago

TheContrarian

KPS is now a net cash company, right?

3 weeks ago

calvintaneng

Yes correct
Just unlocking by sale of King Koil has turned Kps into a Net Cash company

Assets are cash in solidification.
And Kps still got lots of non core assets to liquidate for cash to give out special dividends like Pelikan. Management has given guidance to sell non core assets for cash.
This single move will now see patient investors rewarded

3 weeks ago

calvintaneng

4.5 sen Special dividend
1 sen normal dividend

Total dividend is 5.5 sen

This is just the appetizer.
More will come

3 weeks ago

TheContrarian

Yes, 4.5 sen payable end of April, another 1 sen in June.

3 weeks ago

Moratorium

Nice... 7% yield. Better than EPF

2 weeks ago

speakup

Kps today limit up!

2 weeks ago

SinGor

KPS Plaza is a Done deal bcos it is selling back to PKNS ( Selangor Gov Developer )----46mil will give around
8 sents per share ---Have to wait for announcement ( very soon )

2 weeks ago

TheContrarian

Proceeds from disposal of KPS Plaza to repay bank loan, there's no special dividend.

2 weeks ago

SinGor

I donT know whether there are Any Loan balance. Plaza KPS comes with PKNS. PKNS later taken private from
KPS but Plaza KPS remains in KPS portfolio. Some Remisier said. I think wait for announcement to find out

2 weeks ago

acnca84

😎

2 weeks ago

TheContrarian

@SinGor, already announced that out of RM46 million gross proceeds, RM36 million will be used to repay borrowings.

2 weeks ago

speakup

couple weeks ago was 73 sen. now 80 sen. up 7sen higher than 5.5 dividend

2 weeks ago

SinGor

If Hotel and Highway Biz is Not KPS core than next in Line for Sale is 40% stake in NGC energy ( distributing
Shell LPG ) ----Rough estimate beside "not release info " RM275mil

2 weeks ago

speakup

https://focusmalaysia.my/in-historic-first-saudi-arabia-to-enter-miss-universe-2024-pageant/
malaysia = afganistan 2.0
Saudi has moved forward but malaysia gostan!

2 weeks ago

Luisa7

KPS still declares special dividend even though it makes loss in Q4. Nice

1 week ago

TheContrarian

KPS will be making a nice lovely profit in quarter ended 31 March 2024.

1 week ago

SinGor

On behalf of the Board, RHB Investment Bank wishes to announce that the Proposed Divestment has been completed today in accordance with the terms and conditions of the SSA for a cash consideration of USD57,463,605.00.
This announcement is dated 20 March 2024.
_____________________________________________________

KingCoil SOLD date is 20 March 2024-----So 1Q24 will record KingCoil sale ( about RM 100mil ++ Cash profit )
""Not small profit""" ---Given 1Q24 Core Biz has improved----

1 week ago

laucsh

so, special big dividend soon ???

1 week ago

SinGor

Lazy to give a complete "estimate" Nett profit for 1Q24 bcos it is not due in 50days---Might push price beyond
RM1 if market is Hot ( profit from KingCoil is Huge )

1 week ago

TheContrarian

The gain on disposal of 50% KingCoil amount to RM117 million or 22 sen per share. KPS still holds 10% KingCoil.

1 week ago

Luisa7

If that's the case, KPS will turn a profit next quarter

2 hours ago

Post a Comment