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2019-05-09 10:49 | Report Abuse
cut loss all at 1.32-1.33
2019-05-07 11:03 | Report Abuse
Use balance capital, all dufu at 1.73-1.75
2019-05-06 12:21 | Report Abuse
sold back all iwcity at 99sen, cut cost loss
2019-05-06 10:21 | Report Abuse
bought back all iwcity at 99-99.5sen
2019-05-03 10:29 | Report Abuse
sold back all iwicty at 99sen
2019-05-03 09:41 | Report Abuse
bought back all iwcity at 93.5sen
2019-05-03 09:16 | Report Abuse
sold off all iwcity at 95.5sen
2019-05-03 09:05 | Report Abuse
Add iwcity at 92.5-93.5sen
2019-05-02 16:17 | Report Abuse
bought iwcity at 95.5sen
2019-05-02 10:49 | Report Abuse
bought back dayang at 1.45-1.46
2019-05-02 09:34 | Report Abuse
sold back balance KPS at 1.65-1.66
2019-04-29 16:51 | Report Abuse
bought back partial KPS at 1.63
2019-04-29 16:41 | Report Abuse
sold back dayang at 1.42
2019-04-29 15:30 | Report Abuse
Add balance capital, all dayang at 1.37
2019-04-29 15:22 | Report Abuse
bought back dayang at 1.36
2019-04-29 11:39 | Report Abuse
sold back all KPS at 1.66
2019-04-29 10:16 | Report Abuse
bought back all kps at 1.62-1.63 after sold at 1.66-1.68 today.
2019-04-26 19:00 | Report Abuse
KPS now cum dual dividend : Special dividend 32.6sen + final dividend 4.25sen
2019-04-26 18:51 | Report Abuse
Special dividend 32.6 sen
2019-04-26 14:07 | Report Abuse
In the latest just release annual report, page 34 state clearly use of cash proceed to reward shareholder
Upon completion of the divestment, Perangsang Selangor stands to receive RM570.0 million cash in addition to nine annual instalments totalling to RM195.0 million. The cash proceeds will be utilised for paring down debts, financing future acquisitions and distributing 'DIVIDEND' to shareholders.
Selangor state government control 63.4% in KPS via KDEB 57.9% and PKNS 5.5%. The LTH control another 3.9%. All these GLC are key beneficial on KPS special dividend soon.
On 30 January 2019, kps drew down RM300.0 million from the RM500.0 million Islamic Medium-Term Note Programme to refinance the Group’s existing borrowings RM 611m. The objective of the refinancing is to reap savings arising from relatively lower financing costs as well as to optimise the cashflow management of Perangsang Selangor due to elongation of the principal repayment.
Cash and cash equivalents of the Group increased to RM166.4 million as at 31 December 2018 as compared to RM79.0 million the year before. This was due to higher cash balances at CPI and KPS-HCM.
Therefore, the upfront splash disposal 570m will boost Kps exiting cash hoard to 736 m. As 300m of 611m borrowing just refinance, thus, if Kps wanna to pare down further balance borrowing total 311m, it still have cash balance 425m. Therefore, Kps can afford to payout at least half of these cash as special dividend 40sen/share and reserve another half for business expansion. In additional, Kps cash flow will keep increasing over next 9 year consecutively installment 22m annually from balance splash disposal.
very very soon good announcement will coming, be patient ya.
Stock: [PENERGY]: PETRA ENERGY BHD
2019-05-10 10:01 | Report Abuse
bought petra at 75-77sen