bought back naim at 1.10-1.11

sold back balance KPS at 1.65-1.66

sold back TA at 67sen

sold back Unimech at 1.15

bought back partial KPS at 1.63

sold back dayang at 1.42

sold back naim at 1.10-1.11

Add balance capital, all dayang at 1.37

Add more at 1.07

bought back dayang at 1.36

bought naim at 1.06

bought more TA at 66 sen

bought TA at 65.5sen

bought wtk at 64sen

sold back all KPS at 1.66

bought back all kps at 1.62-1.63 after sold at 1.66-1.68 today.

KPS now cum dual dividend : Special dividend 32.6sen + final dividend 4.25sen

Special dividend 32.6 sen

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.

add all kps at 1.55-1.56

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.

Kps cash flow will keep increasing over next 9 year from installment 22m annually from balance splash disposal.

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 dividends 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.

Very informative and detail annual report presented by KPS.

special dividend to announce very very very soon,

we are also always aligned with optimising shareholders returns. If you look at KPS, historically, whenever we have divestments, there will be special dividends,” says KPS CEO Ahmad Fariz Hassan.

https://www.theedgemarkets.com/article/kps-moving-without-splash

Pursuant to Paragraph 9.03 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”), the Board of Directors of Perangsang Selangor, save for the Interested Directors, wishes to announce that the Conditions Precedent in the SPA has been fulfilled on 22 April 2019 and the Offer has now become unconditional.



Following the above, SPLASH Holdings, being a 30% associated company of Perangsang Selangor, had on 24 April 2019 received the Upfront Sum of RM1.90 billion from Air Selangor. As such, the Offer has been completed on even date. Accordingly, SPLASH shall cease to be a subsidiary of SPLASH Holdings with effect from 24 April 2019.

Very very very soon, either today or tomorrow.

Added more kps at 1.53

bought unimech at 1.09

sold back bjland at 23sen, locked profit frist

sold back T7 at 51sen first

sold back all sapura at 33sen, locked all profit first

Velesto already rebounding, sapura will following soon

Oil rose to the highest level in almost six months as the US government was said to eliminate sanction waivers that allowed buyers to import Iranian crude.

https://www.thestar.com.my/business/business-news/2019/04/23/oil-jumps-as-us-plans-to-end-iran-waivers/

Technically, uptrend

courting down time for splash completion

bought T7 at 50.5sen

Brent crude oil up nearly 3% to USD 73.6 now

bought back bjland at 22sen

bought back sapura at 31.5sen

be patient, courting down time to seal splash disposal deal.

Skytropolis Indoor Theme Park in Genting Highlands, Malaysia

https://www.youtube.com/watch?v=5BtWcPvykyo

GENM current depress share price is now strongly back support by its net assest worth RM 3.22, dividend total 19 sen, yield 6%. Many negative factor are mostly price in, therefore further downside risk is very minimum.

In contrast, GENM may even able to reverse some of these negative factor into catalyst such as US tribe reaffirmation right by current US congress hearing to reinstate first light casino.

Another catalyst is upcoming GENM exercise its option to commence outdoor theme park either through arbitration settlement or Genting team partner Universal to take over or man-over to abolish fox feature and run own outdoor ride etc.

Add more GENM at 3.20

add more kps at 1.49

bought Genting at 6.79

bought GENM at 3.23-3.24

sold back all naim at 1.17

sold back all dayang at 1.36