"will be " terminated is when? HORAS not even started planning but want to terminate existing licensee? L2 is said needed 3 years to complete, think about it in depth this is really amusing :D

take over with no raw water license? how logic is that. mb is again putting the entire state water supply at risk

if puncak stop producing water immediately due to this... can't imagine the chaos

kps buta buta caught in the political cross fire...

looks like a move to force f.gov

mb is getting very personal now, wonder how long for the prj to complete? how to distribute water if not going thru syabas? what happen to gamuda? sigh...

no good dilution

maybank moving

http://www.nanyang.com/node/592048?tid=462

the story was in nanyang press page A12 on 11/1 Sat, sorry not thestar

chillie or tomato source?

epf buying... btw, with 1.2b order in hand, alam looks more attractive

as of now, price still pointing downward, hopefully not breaking 2.5K

ikea is a 5 years plan, first building probably come up 3 years later, relax!

this story came up in thestar, good job!

CASH IS KING

a significant portion of the total debt is a result of tariff issue with s.gov, puncak should seek f.gov advise to speed up the case.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1505777

don't expect to see healthcare fly every now and then, this sector focus on sustainable growth. latest kenanga report re-iterate that overall healthcare to enjoy at least 20% growth; due to gov 22b healthcare budget set, population, insurance coverage.

IB gave $2, same tp level as barakah, perisai

alam's OSV order book now stands at RM1.2bn

o&g counters r very expensive now, SONA offers a low entry point with capital pay back (after deduct expenses) after 36 months. yr $ yr choice!

if true that's consider very fast already, was planned to keep at least a year... let's c!

fuuyooo...

to compare number of projects especially scale (gdv), mkh still no match to ksl. u can find out from both latest annual report if not from the actual market itself. ksl not yet riding on iskandar already can achieve such a high sales, soon it will REALLY ride on it thru Medini, v shall c.

hopefully palm oil price stop diving and supply won't overrun demand

this bird flied since 505 and now resting at 2.6, hopefully not nesting

lost of dttb means redtone failed to secure additional source of income, despite no impact to the current book but it also means no more earning driver ahead.

agreed on the div side. but when come to performance, see rolling 4 qtrs. EPS of KSL vs MKH. u can also compare 5 years EPS/ROE/DEBT of both company. clearly, KSL has outperform MKH when come to properties biz and v all look forward to KSL Medini launch.

MKH when come to plantation, it is not the top pick (too small). when come to property, it is not the top pick (kajang). KSL is one of the top pick at current price when come to property given its rolling 4qtr of >56c, it does not rely on palm oil price at all. yr $ yr choice!

real impact will be seen only after ministry make announcement

under 7 can consider

star news assumed everything mb said is what the ministry said. who is the ministry? confuse... :D :D

juz like the proposal, "assumed" ministry will takeover the debt. so, f.gov takeover all the debts this time, or the LAW allows juz "simply" takeover the asset under the name "national interest"? hahahahaa...

bcos mb gave "commitment" to L2, these water related counters all have stake in that prj.

so far only mb is talking, lesson learnt, let's c what the ministry has to say first, guess price won't move much until further clarity.

show hand already.

"The Company wishes to inform that KDEB has notified the Company on even date that there will be no further discussions on the proposal to purchase the equities of PNSB and SYABAS for the foreseeable future.


This announcement is dated 9 January 2014."

so mb and maximus go and operate the asset? hahahahhaaaa... anyway, juz to point out there r many workers/suppliers etc etc etc working around the assets for the entire state water supply, it is not as simple as mb said green light from ministry then can takeover straight ahead.

gamuda and puncak should work together and propose to f.gov to takeover the s.gov water stake instead :D :D :D

gamuda + puncak, how powerful r they? force takeover with WASIA? who gonna pay their salary then? state gov or f.gov? simple as mb spoke. v shall c :D

written commitment WITH CONDITION. mb tell u 1 side of the story but didn't tell the other. mb pushed the ball back in hope that f.gov would fill in the price gap. with such discussion only done yesterday (presumed mb is "honest"), by 15/1 can reach conclusion? maybe, let's c... ;)

the ball went back to pm, maximus court :D :D :D

when only retailers r involve in the SCR but not major holders, u knew what game is this already :D

"We believe the main reason for the failed negotiations was the unrealistic expectations of the water concessionaires' shareholders regarding their companies' equity value," Khalid said after chairing the state exco meeting yesterday.

Read more: Federal, Selangor govts to take over water companies - Top News - New Straits Times http://www.nst.com.my/top-news/federal-selangor-govts-to-take-over-water-companies-1.458313#ixzz2prviibx8

sit tight for more drama :D

mb still not willing to pay up to par, that's all about it. in many ways when gamuda failed to acquired 100% of kesas already hinted no good. anyway, in term of share price of cos no good, but longer term water still a very good income for puncak and gamuda. too bad the real loser is rakyat, as usual.

anyway, let's hope some sort of break thru will happen, who knows.

http://www.nst.com.my/top-news/federal-selangor-govts-to-take-over-water-companies-1.458313

CPO price trend doesn't look encourage at the moment, many analysts could be OVER optimistic ($2700?). let's c.

until the ministry officially announce, whatever khalid said often being biased, this happened many times already. the water issue will be solved but at the mercy of fed gov.

uoa mgmt is highly capable, no less than big liew mgmt. ecoworld will have to pay sky price if insist going forward... better don't :D

magnificent close!!

while it looks all good, beware of its roe & debt level. good luck!

pandai... :D

that's one risky assumption

how's palm oil price move so far?

one thing for sure far far better than FD, even wait 1 year :D :D consider the position/who of the major stakeholders, likely they will speed it up rather than slow it down