Countdown to 30 Sept...5 days left...surging up anytime from now...
Standby for takeoff!

Can history repeat itself?
1) 19/9/17 = 0.465 vs 19/9/18 = 1.01
2) 20/9/17 = 0.650 vs 20/9/18 = 1.20???
Up 0.185 vs Up ???

Singapore funds are buying :)))

The Trump's US$200B announcement has got many a shortist excited and short this morning. They are playing punk by putting up fake selling queues.
A sudden reversal will see shortists scrambling to cover back their positions.
Wait and see how far they can stretch their luck....

The timing of the GUA-P2's announcement by the company was so meticulously planned, ie prior to the opening of the 2.30pm session.
By now, many IBs/Investors/FMs, etc would have been informed about its explosive earnings and ready to dive in!
So, ask yourself...do you think the operator will reverse the price down for those left-behind???
Hence, don't be surprised if it gap-up tomorrow and surges at the opening bell :)))

Tomorrow, back to 1.10 level...:)))

All contras should be fully absorbed by now.
After 4pm, showtime begins!!! :)))

The long weekend will enable investors to review the 4QR18's performance of the company in its entirety.

Judging by the volume of 175m done on Thurs, the panic selldown has negated all the volumes done for T+1 to T+4 which adds up to abt 175.67m, the breakdown of which is as follows: -
1) T+4: Fri (24/8/18) = 31.68m;
2) T+3: Mon (27/8/18) = 59.96m;
3) T+2: Tues (28/8/18) = 53.87m;
4) T+1: Wed (29/8/18) = 30.16m;
Assuming more than 90% of contra kakis had exited, Monday should be a new ball game altogether.

Going forward, one cannot deny that the growth for its forthcoming 1QR19 revenues & earnings will be par excellence...

After taking profit above 1.10, very grateful for the chance to buy back below 1.00 again.
It will rebound back strongly!!

Right on track...everything is above board & progressing smoothly.

SELANGOR WATER SAGA NEARS END

By The Edge Financial Daily | 2018-08-28 09:04:41

KUALA LUMPUR: The long-drawn saga of Selangor’s water restructuring over is nearing an end, after both Gamuda Bhd and Taliworks Corp Bhd accepted the offer from Pengurusan Air Selangor Sdn Bhd (Air Selangor) as part of the latter’s acquisition of Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash).

In a filing with Bursa Malaysia, Gamuda said the board of directors of its 80%-owned subsidiary Gamuda Water Sdn Bhd and Splash yesterday accepted the offer from Air Selangor to acquire its 40%-owned associate Splash.

“Gamuda will make the necessary announcement to Bursa Securities upon the finalisation and execution of the termination and settlement agreement and the new operations and maintenance agreement (OMA) of Sungai Selangor Water Treatment Plant Phase 3 (SSP3) which, inter alia, are subject to and are conditional upon the completion of the share purchase agreement to be entered into between Splash Holdings Bhd and Air Selangor,” it added.

Gamuda has until Sept 3 to revert to Air Selangor’s offer for Splash.

Splash is a wholly-owned subsidiary of Splash Holdings, in which Gamuda owns a 40% stake, while Kumpulan Perangsang Selangor Bhd owns 30%. The remaining 30% is held by Sweet Water SPV Sdn Bhd, a private investment vehicle of businessman Tan Sri Wan Azmi Wan Hamzah.

Air Selangor is offering RM2.55 billion cash to take over Splash, which is the concession holder of SSP1 and SSP3, which controls about 45% of the treated water supply in Selangor, Kuala Lumpur and Putrajaya.

http://www.theedgemarkets.com/article/selangor-water-saga-nears-end?type=corporate

Priority will be given to water projects. With Azmin at the helm, KPS will definitely benefit tremendously from these projects!!!

1) People-centric, high-impact projects will be continued — Azmin
He said certain development projects would be continued to improve the welfare, safety and living standards of the people, especially those in rural areas.

“Among others, works related to highway and bridge construction, water and power supply, safety and health, and schools and places of worship will go on.
http://www.theedgemarkets.com/article/peoplecentric-highimpact-projects-will-be-continued-—-azmin?type=malaysia


2) Langat 2 will supply 350 mld of water for Selangor in 2019
By Bernama | 2018-08-15 00:36:38
KUALA LUMPUR (Aug 14): The Langat 2 Water Treatment Plant (LRA) is expected to supply 350 million litres of water per day (MLD) for the people of Selangor next year, Water, Land and Natural Resources Minister Dr A. Xavier Jayakumar told the Dewan Rakyat today.
http://www.theedgemarkets.com/article/langat-2-will-supply-350-mld-water-selangor-2019?type=malaysia

Vol done today = 4,107.1 mil...quite respectable isn't it?

The calm before the next surge...

KPS active, up 1.68% on possible bumper dividend

By Surin Murugiah | 2018-08-07 10:54:06

KUALA LUMPUR (Aug 7): Shares in Kumpulan Perangsang Selangor Bhd (KPS) rose 1.68% in active trade at mid-morning today on a report of a possible bumper dividend payout for its shareholders.

At 10.25am, KPS rose 3 sen to RM1.82 with 1.74 million shares done.

The Edge Financial daily today reported that while the Selangor government's offer to buy out Syarikat Pengeluar Air Sungai Selangor Sdn Bhd's (SPLASH) water treatment assets at RM2.55 billion is at a 28% discount to its net book value of RM3.54 billion as at June 30 this year, shareholders of KPS on the other hand could see a bumper dividend payout.

According to CIMB Research analysts Sharizan Rosely and Kamarul Anwar, the impact on earnings excluding the 30% share of SPLASH's net profit and the potential impairment is significant but this is likely to be mitigated by a potential special dividend.

Based on the offer, Pengurusan Air Selangor Sdn Bhd will make an upfront payment of RM1.9 billion upon the signing of the definitive agreement with the remaining RM650 million being paid in instalments over a period of nine years.

KPS, which owns 30% of SPLASH, is expected to receive an upfront cash payment of RM570 million or about RM1.06 per share with the remaining RM195 million to be paid in instalments over a period of nine years. This would increase the cash and bank balances for KPS to RM651.6 million, an increase of 7.99 times from RM81.6 million as at March 31 this year.

In the event that 50% of the upfront sale proceeds received from the disposal of SPLASH is paid as a bumper special dividend, shareholders could see a dividend per share of 53 sen which works out to a whopping yield of about 29.6% based on KPS's closing price of RM1.79 yesterday.

A fund manager with a local asset management agreed with CIMB Research that a bumper dividend is likely to be given out to shareholders given the strong cash balance following the disposal of SPLASH.

http://www.theedgemarkets.com/article/kps-active-168-possible-bumper-dividend?type=corporate

So many kaypohs here. Just wait till 3pm for the finale :)

Splash takeover offer letter handover ceremony today — Selangor CM's Office
By Chong Jin Hun | 2018-08-03 11:43:22

KUALA LUMPUR (Aug 3): The Selangor Chief Minister's Office said a ceremony will be held at 3pm today in conjunction with the handover of the offer letter for the planned takeover of Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash).

In a media advisory, the Selangor Chief Minister's Office said the event will be held at the Dorsett Grand Subang hotel in Subang Jaya, Selangor.

"All media (representives) are invited to cover the event," it said.

According to the advisory, Economic Affairs Minister Datuk Seri Mohamed Azmin Ali, Water, Land and Natural Resources Minister Dr Xavier Jayakumar and Selangor Chief Minister Amirudin Shari will be present at the event.

Representatives from Splash and Pengurusan Air Selangor Sdn Bhd will also present at the ceremony, the advisory indicated.
http://www.theedgemarkets.com/article/splash-takeover-offer-letter-handover-ceremony-today-—-selangor-cms-office?type=malaysia

STOCKS WITH MOMENTUM - ChinTeck, KPS, XDL
By Billy Toh | 2018-07-31 13:02:01

KUALA LUMPUR (July 31): theedgemarkets.com highlighted three stocks with momentum at Bursa Malaysia's afternoon market close today. Two stocks displayed positive momentum while one showed negative momentum

Stocks with positive momentum were:
Kumpulan Perangsang Selangor – up 2 sen at RM1.96
Xidelang Holding Ltd – up 2.5 sen at 18 sen

Stock with negative momentum was:
Chin Teck Plantations Bhd – up 25 sen at RM7.50

The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum.

But the “+ve” (suggesting a rising price trend on volume) and “-ve” (suggesting a falling price trend on volume) indicators should give readers a better idea of what the market is buying and when to sell.

I was told there were 2 teams tussling to control the price.
1) Team A - Took positions earlier & went ahead to leak the news to S'pore's Straits Times. Now, with such strict code of ethics applied by the S'pore press, how can they simply report without verifying the facts aforehand...
2) Team B - Felt left out or rather played out for not collecting enough of KPS shares, they quickly got hold of Xavier to contain the price surge earlier by rubbishing the report from Straits Times. But too bad, the cat is already out of the bag...the price will fly!!!

Note: Today's (T+4 of 3.684m shares done on Mon) was well absorbed by the bulls in the morning session.
So, hop in before u regret missing the super ride up :-)

Latest news: - The price is between 2.5bil to 2.7bil. Time to takeoff :-)))
"An official source told The Straits Times that the federal government is set to shell out RM1.9 billion (S$637 million) for Splash, out of a total consideration of RM2.5 billion to RM 2.7 billion. Selangor will pay Splash between RM600 million and RM800 million".
http://www.theedgemarkets.com/article/deal-soon-resolve-klang-valley-water-crisis?type=malaysia

Only good news from now on....

Gamuda rises as Splash shareholders, Selangor ready for talks
By Syahirah Syed Jaafar | 2018-07-23 11:11:45

KUALA LUMPUR (July 23): Gamuda Bhd shares rose among Bursa Malaysia top gainers today after Gamuda said its 40% associate Syarikat Pengeluar Air Sungai Selangor Sdn Bhd and Syarikat Bekalan Air Selangor Sdn Bhd have discontinued their respective claims against each other.

On Friday, Gamuda told Bursa Malaysia : "The decision to withdraw is to facilitate negotiations on the disposal of Splash with the State Government of Selangor. The company (Gamuda) wishes to inform that a written consent for discontinuance has been filed with the High Court of Kuala Lumpur on 18 July 2018 wherein Splash and Syabas have wholly discontinued their respective claims against each other in the suit with liberty to file afresh."

Today, Gamuda shares were traded 26 sen or 7% higher at RM3.94 at 10:43am. At 10:49am, the stock changed hands at RM3.96. Splash shareholders include Sweet Water SPV Sdn Bhd and Viable Chip Sdn Bhd, both of which, own 30% each in Splash.

http://www.theedgemarkets.com/article/gamuda-rises-splash-shareholders-selangor-ready-talks?type=malaysia

SPLASH's deal is getting closer by the hour...tik tok, tik tok, tik tok...

SPLASH takeover to be finalised by early August – minister
By Bernama | 2018-07-22 23:14:32
Water, Land and Natural Resources Minister Dr A. Xavier Jayakumar said the restructuring process had shown positive development from both the Selangor government and the water concessionaires.

”I have called representatives of the relevant agencies, including of Selangor Menteri Besar (Amirudin Shari) to discuss the takeover.

“Arising from that, I see the process of finalising the takeover has reached 80% and we expect to finalise it before Aug 10,” he told reporters after attending the launch of the Sungai Kandis state seat by-election operations room here today.
http://www.theedgemarkets.com/article/splash-takeover-be-finalised-early-august-–-minister?type=malaysia

Left 13 trading days only to the deadline 4th Aug...
From hereon, everyday will be X'tremely X'citing!!!

The S&P 500 Index ended the longest rally in a month after the Trump administration said it will slap tariffs on an additional $200 billion of Chinese products. The Asian nation vowed to retaliate. Metals bore the brunt of the reaction in commodities: Copper, nickel and zinc all tumbled. 

The newest salvo in the trade war shattered the momentary calm in the markets that had allowed investors to turn their focus to KPS.

KPS is the safest haven for investment funds because it deals with water. Now, with the SPLASH's qi flowing nicely, the profits will come rolling in :-)

Collecting pattern only lah...this operator's modus operandi is so blatantly obvious for all to see.
One big fund is all it takes to reverse it back up!

At the current price of 1.56, its a healthy retracement of 33% from the high of 1.66 and 1.36.
Time to accumulate again before the big boys come in to buy.

The only way now is to hit limit up!!!
No more deadline :)

With Pakatan's victory, this counter knows no boundaries!!!
Congrats all KPS supporters :)

Countdown = 14 trading days left to Polling Day!

Countdown = 15 trading days left to Polling Day!

Countdown = 18 trading days left to Polling Day!

Finally, SPLASH's deal does not need to wait till 4th July 2018 for confirmation.
Come Polling Day, 9th May 2018, this counter will fly when PKR takes over Putrajaya,
Countdown - 20 more trading days left to go :-)

Note: - LTH is the sole fund that has collected more than one million shares btwn 1.22 to 1.32 over the past 2 weeks.
From now on, other investment funds are expected to join in & get a piece of the pie, Koon Yew Yin inclusive :)
With its explosive earnings & growth potentials, KPS is the next darling stock in the making!!!

Been collecting slowly from 1.17 :)))

Heard Q4 earnings very good :)
Could be out today or next Mon....

https://klse.i3investor.com/blogs/kenangaresearch/132131.jsp
KPS (Not Rated). KPS’ share price rose 7 sen (5.3%) yesterday to finish at the day’s high of RM1.38. The share price has been on an uptrend since early last year and had pulled back to the uptrend support line in recent months. Nevertheless, yesterday’s move marks yet another departure from the uptrend line – potentially signalling that the share price is poised to kick off the next leg higher. While trading volume clocked-in at just 232k shares, it is more than double the daily average over the past month. At the same time, key indicators such as the RSI and Stochastic have also hooked upwards to reflect this view. From here, expect further gains in the coming months towards the next resistance levels at RM1.45 (R1) and RM1.58 (R2)..... :)

Kumpulan Perangsang Selangor Berhad newly-acquired businesses spur 300% revenue jump
 CBB and King Koil® make up 63.0% of 1Q17 revenue
 Group EBITDA1 improves to RM28.4 million from core EBITDA of RM23.7 million previously

Kuala Lumpur, Malaysia, 31 May 2017 –
Diversified group Kumpulan Perangsang Selangor Berhad (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) group revenue in the first quarter ended 31 March 2017 (1Q17) jumped 300.0% to RM76.8 million from RM19.2 million a year ago, on strong contributions from its newly-acquired businesses of Century Bond Bhd (CBB) and King Koil® Licensing Company Inc., (King Koil®).

Cement packaging provider CBB and global mattress brand King Koil® reported sales of RM39.6 million and RM8.8 million respectively, making up 63.0% of 1Q17 group revenue.

Also, the Group’s water-related trading business Aqua-Flo Sdn Bhd (Aqua-Flo) posted 66.9% higher revenue of RM25.2 million versus RM15.1 million in the preceding year corresponding quarter (1Q16) as it fulfilled its water chemical supply contracts to Pengurusan Air Selangor Sdn Bhd Group.

The balance RM3.2 million revenue was derived from the Group’s investment holding and property investment.

KPS’ core earnings before interest, tax, depreciation and amortization (EBITDA) improved to RM28.4 million in 1Q17 compared to core EBITDA of RM23.7 million (excluding gain of RM97.5 million on assets held for disposal) in 1Q16. The RM4.7 million or 19.8% improvement in the EBITDA performance is largely due to contributions from CBB and King Koil®.

KPS Chief Executive Officer Encik Ahmad Fariz Hassan said: “Our strategy in the current financial year ending 31 December 2017 (FY2017) is to build up our core businesses to contribute positively and incrementally by implementing revenue-accretive plans and optimising costs.
While our subsidiaries have made a good start, we will continue to focus on delivering on existing contracts and tendering for new orders in FY2017. We look forward to greater contributions when our growth plans bear fruit.”

Share of profit of associates dipped to RM23.7 million in 1Q17 from RM32.8 million in 1Q16, which led to 1Q17 profit before tax (PBT) of RM22.3 million, versus core PBT of RM21.9 million in 1Q16.
Correspondingly, the group net profit attributable to shareholders stood at RM20.2 million in1Q17, from core net profit of RM18.9 million in 1Q16.

KPS’ trading business under Aqua-Flo has outstanding order book of water chemical supply contracts worth approximately RM56.0 million

Collection pattern, selling vol rendah, can fly anytime as long price above support.

Chart by Serbie Kelate: -
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5843
(Scroll down to the bottom chart dated 12/4/17).