Regardless what ppl said about Osk Hold, I will be receiving 30 cents/share in 2015.
The bursa guy who rejected EPF request will be selling Salted Duck eggs in some Kampung
market. But damn I really admire his courage. The whole mega bank initiative is PM Najib
Pet project. He is going to park Mega Islamic Bank in Tun Razak Exchange and Mega Islamic
Insurance and so forth. All these for his father Tun Razak. Do tell me what are the changes
that this Mega bank not forming?

Oosh I was worry about Dato K (Umno man). Cannot return to KPS ( PKR flag bearer now)
Anyway One blink from Ongkali - KPS arrived 1.40. Two blink 1.70. One blink from Azmin 2.20
Going to see my ampang jaya Parlimen representative--YB Azmin ( No Dato this year. Maybe
KPS at 2.50 I will arrange a birth Party for him to blowup his change of receiving Dato title
Next Year )

Jolie-Now I know who is Dato K. Raja Petra once said Dr M offer the PM job to him instead of Najib
But Dr M condition is He (dato K) must listen/and do what he wants him to do. So you know who
is the PM now

Thanks crownford_bl. Don't know Datuk Karim. All I know is KPS always give me dividend so I
like this stock. Any business that can afford dividend yearly got to make good money. All hail Datuk Karim to return to KPS

Jolie. Since you are so stress, Let me calm you a little using KPS history. KPS known today actually came from the restructuring of SAP. Sap(Shah Alam Properties)is a badly managed, small time contractor building PKNS flat ( The group that restructure Sap is most likely KDEB ) After restructuring I got 30% more shares. Over the years, dividends were paid without failed. Then came the big surprise, Khalid sold a associate co. and give me a big bonus. To be honest I did'nt know water asset were injected into KPS until 2014. So SAP has grown from a Peanut into a Coconut. If history is to prevail, KDEB will restructure KPS again after KPS sold all its water asset ---Surely for something Bigger. Those MBAs in KDEB wears Huge political hat and as we know politican always made friends & shareholders Rich

hng33 You got the whole Puncak train moving. Good work

Koi Koh--Najib has political muscle. Cimb really don't want this mega bank(according to
reports I read) But Najib (bank Negara) insist and approved merger in days with No out
side bidding ( most likely Maybank)

Those that sold off KPS are buying back today. Good volume. Political stock can have very strange results indeed. Somethings is cooking by Anwar, I hope.

Money168--Cimb had similar dropped in 2011. Dropped RM 2 in one month period and then bounced back slowly. Maybe 5.50 is closed to bottom. TA securities recommend buy

Saw article in MPH bookstore on 17 Dec. Sorry can't link

Hng33 Wow Puncak on viagra today. Can sleep well tonight. Your non stop postings have pop up
investor confident.

jkhoo99--pls read the latest The Edge. Some problem with asset evaluations between MBSB and the 2 banks. This is just my Day dream, EPF will scoop RHB shares and dump them in some unknown co. so that Aabar voting % will stay at 36%. Already EPF is buying CIMB shares for the last 2 days so maybe it is RHB's turn

But hng33, the $1/dividend is fully diluted by the market today. Maybe the market is just looking at the cash position of Puncak ex dividend. So if I jump in at 2.29 and exit after Dividend Ex date to collect my Gold $1 coin--the market could discount my dividend again. I think selling after Ex-date would be very heavy and probably done by fund manager to realize their gain.

Sudahkena Thanks for Edge update. Let Splash go for 1.14B extra. Some side track, I went to (look -see )the Langat 2 project area (plan available at MPAJ lobby) with my Malay business partner. He mention maybe 90% private land there belong to Malay and usually Malay want Land for Land basis. And most likely the land are given by previous BN mentri Besar. So the title is questionable. Without current state Gov help, Langat 2 cannot proceed because Fed can dug a tunnel and No land to store and distribute water. Okay signed agreement but nobody said you cannot delay 5-10year to acquire the land
Azmin is having the Upper hand. Maybe he can arm twist Fed to cough up 1.14B

GheeKong- I only fear US interest rate and Europe. Low oil price is God blessing to China and Japan industries. If these 2 Giants are not collapsing, Malaysia's export will be okay. Just delay GST and lower electricity rate--this will have effect on inflation. Addicted/abused to Petronas subsidy is really a big headache now.

Gheekong, After Nazir Razak's new offer(1rhb=1.38cimb) in Business Times, I am no longer pessimistic about RHB shares. I figure at buying price for Islamic shares @ RM3.53/share. The listing of Mega Islamic Bank must be atleast 1.5X and with some run up, I will end up close to RM10/share. Now even OSK holding is running steady. I bet many MBAs already figure that out.

Sorry dusti. Only some story telling while we wait for CIMB shares selling to subside. But with 750m share in MUFG's pocket it could take a while.

Gheekong. I monitor the selling of CIMB shares by MUFG. It started when ABE defer Sale Tax and request election( 1 month ago). Maybe Japan economy is not moving. They need the money to support loan grow. Why sell now when the final merger is so close. 750m shares in their hand
Low oil price in Malaysia kills Government sector (1BMR)and only some consumer sectors. Exports are doing Good business to China/HK. There is no indication that my China orders are going down and as a matter of fact logistics are not charging me for fuel increase. Shipping rate are down. Najib is bringing back billions to support construction biz. Addicted to low oil price will be a problem. I still remember 3.8 Xrate fondly.

GheeKong, I had RHB shares but I feel rather disappointed because Not like OSK holding, shareholders are offer stock bonus and dividend. RHB got Nothing. And there is no indication about the exchange rate for Enlarged RHB Share with Islamic Bank. And worst of all this Japanese co. under JP Morgan keep selling CIMB shares until even CIMB has requested Bursa for share buyback.

Tq hng33 for the #. Pretty grim instead. Did some reading yesterday on Splash and found I made a couple of wrong assumptions on KPS. Putrajaya will take over water asset liabilities after Selangor surrender All water asset. Then only PAASB(spv) can lease back the rights to operate the water asset. But there is No mention whether this Rights is transferable.
If this Rights is transferable, then this rights can be broken up into shares to exchange Splash's Equity. Considering Selangor's wallet is empty now and may even consider borrowing lunch money from Ah long, RHB-CIMB's way maybe the best option left. Evaluating Splash's equity is difficult (250m versus 2.5B) but water asset's return is straight forward either 12 or 15%. Selangor can even list this Rights in the Bursa if it is transferable.
On hng 33 worry about Oil price, i met up with a old friend working in Shreveport, Louisana, USA and is now working for a Shale oil co. He said Shale oil's infarstructure is coming up at neck breaking pace. When everything is in place in 3-5year time. They are going to do a head butt with Saudi's oil in export market. However, Saudi has open its 700B warchest and sounds the war drum, they are going to crush America Shale oil co. by pushing oil price down to $50/barrel.
What a scary thought considering 40% of Petronas profit goes into our economy. Hi Guys, KangKong and Salted vegetable diet could be your main menu for a long time.

Selangor is running deficit budget. Only Fed has the extra billion but Petronas is also running dry.The splash deal must be made fast. Only Anwar can do the job if he goes to jail --I don't think the new MB can carry the deal thru. Bye Bye Splash

All KPS stock pundit will make money if splash is sold 1X. According to Raja Petra Kamaruddin's blog, Anwar brought Sweet Water Alliance boss to see Khalid Ibrahim about Splash price. But Khalid maintain the old price, and soon later Khalid got a Bruce Lee kick from Anwar. Splash got strong political connection according to Raja P K.

Selangor got to bring in Splash for one and only one reason that is complete control over water rate. With known water rate it can service water debts or rollover into Bond whichever cheaper.
For this reason I believe splash saga will not be long. I think the new MB will return 1 billion++ back to splash. Why. How do Khalid Ibrahim knows the fair value of the water concessionaire value? He got a quote from Gamuda 10billion++ which still stand today. Being a brilliant business man, he just buy the same concessionaire for 1 billion less.

Why stop at 2.75 let's go to 3.60. I need the extra. Wetmarket lady said she had to sell her vegetable for more b'cos of GST. I told her it is only 6% but she argue it is really 60%!!!!

Quasi Govt Bond about 4.82 (Khazanah):AAA grade about 5.2% for 20year. Water in selangor (rich state) should command AA grade(JP Morgan might disagree). 12% return on water asset--you have to read The Edge. The main problem is Syabas. If losses can be reduced then 12%return is an understatement.. But KPS has the mighty trump card, it can raise Water RATE to cover back. If this water restructuring is in Kelantan then I am very sorry and would not touch "KPS" with a 10 feet pole.

If Splash is sold, KPS will become PN17 co.(no core business). How much sale proceed will be distributed to shareholder? Last co. disposal i received good bonus. How do KDEB offload 9 billions debt? I think the water asset will be injected into KPS and KPS issued Bond @ 5% coupon rate(just guess). With 12% return on water asset(hopefully) KPS will become a very profitable co. for the next 20years