3Q dividend will sure announce soon, wait for it. Who knows, will also announce special dividend, even better.

hehe, wolves waiting for you sellers to panic, and they have already started to collect anytime you sell. They will wait and make big bucks at 2.82.

for sure won't be below 2.82.

confident shareholder approval pasti boleh dapat at 2.82 ! so grab whatever you can if below this price. lucky Dow weakness came after the announcement !

2.82 takeover price too low. EPB/minority shareholders must object and insist on at least 3 ringgit!

Calvin, act like Icahn who wrote to Apple boss giving his input on shares buyback, etc etc. to raise the price for Apple boss, and indeed his proposals did trigger Apple shares buyback, share split and now after the split the Apple price is above USD100. I should think VTan will appreciate your feedback and input on how to make BJcorp price better value for its loyal shareholders! Go and do it!

TP for Scicom 2.56
If you got holding power, buy!

Calvintan is spinning tales again for the innocent investors, what if , what if, what if...risky to the innocent newbies

Calvintan, way I see it many are relying on your feedback to buy in and support the counter. Good fundamentals but many cannot afford to have price stagnant for long time, purpose of entering market is to make some $$. Let's hope you wont disappoint them just for the sake of propping up share price. Decision to buy/sell theirs, but they rely on your guidance.

wait for price to drop some more, Dow sharp drop yesterday so local market will be affected

wait for good price to go in, Dow sharp drop yesterday so local market will also follow.

dont chase mother, can get 0.59-,patience only

pls be careful, sellers queuing up. make your profit first.

if everyone say buy, they want price to go up some more because they already bought so they can sell to lock in profit. what do you want to do?

sell now lock in your profits, then buy back. Be wise, dont chase price up.

does this mean I cannot get RCPS until 7th Oct? So cannot sell yet?
Mother share already ex to 1.02,

OptimusM, enjoy reading your comments, blunt, and to the point. Care to guide here, I am thinking of going into Ifcam, can wait for thursday or friday, prx can go down? tks

brendonyeap thanks

brendonyeap, pls check if this calculation correct. Assuming I have 5000 mother shares. After ex-date of bonus shares (every 5000 get 2000 free) and warrants (every 5000 mother get 2000 warrants free). That means I will hold 7000 mother and 2000 warrants. If price of mother ex-date is 0.97 x 7000 mother and price of warrants is 0.30 x 2000 warrants, total value = 6790 + 600 =7390. Based on my original share holding of 5000 mother, value per share is RM1.478 per share. So if I had bought the 5000 mother at 1.34, my profit would be 0138 per share?

i have to take everything with a pinch of salt. Already the Johore massive development meeting resistance and poor take up response to the condos.

Why get overexcited on Battersea's projects. Surely you know that UK's property market expected to plunge in 2015?

E&O already reached RM3.00, Tambun will follow same.

alibaba goes up, panpage will shoot up

any special news from AGM?

what's the reason for the complicated exchange of shares, rights, just so to confuse us further? Thus before I actually put in my hard earned money, I want to fully understand the reason for these cross dealings. Thanks to Random Trading for the sharing and research. We are one step better informed.

Price still will not move up, why?

latest financial mah mah teh only

thks stockaki, brendonyeap

calvintan, I sold off last week, if only you had written this earlier. But my decision, no blame, appreciate your regular feedbacks. Still holding mulpha, and considering to go in bj corp.

bredonyeap, can still buy in now? tks

tks Calvin Tan :))

which more urgent, bjcorp or mulpha ?

calvintan, bjcorp or mulpha? pls advise, thank you.

latest financial report show loss..

good times over?

thank you, value_man :)

And, another dividend to be given ie 1.75 per share held? Would this be after or before the bonus of 1000 shares to be given? Kepala pusing,,...thanks Value_man in advance !

value_man, thank you for the explanation. Does this mean in addition to the dividend of RM2600 per 1000 shares held, there is also a 1:1 bonus,i.e 1000 shares given ?

value_man, pls advise. If i buy 1000 units @ 2.55 = 2,550-00, proposed dividend of 2.62 per share, means I can get 7 sens/per share return, i.e 2,620-00 less 2,550-00 = RM70 profit ?
thanks in advance.

Goldis management pls revise offer for IGB

happy investors, b careful, law of gravity, enjoy now, when fall, sob sob....

myob, PDZ already up, can still go in?

KPSCB possibly a take over target.

KPSCB is one of the better buys, NTA is 1.38 and is a laggard, currently being priced at 42% of it's NTA, compared to the other listed companies close to 80%, operating in the same sector (paper related).. See below writeup by Bone.

While market might be looking undecided, it had came to my attention on a rising sun that had decided to put the gear forward - KPS Consortium Berhad (KPSCB - 9121)

Let's have a quick look at KPSCB latest price movement.

KPSCB had been trending at the range of RM 0.55 for around 6months, marking down a good and healthy consolidation that the share price had encountered. However, the consolidation is saturated, as a set of fresh volume will be looking to bring KPSCB into another greater heights. A strong challenge above the psychological barrier of RM 0.60 will set KPSCB roaming in the uncharted territory, which could possibly look set to put a test at imminent test level such as RM 0.70 and RM 0.80. KPSCB growing volume in the coming days will be looking to soar above 5 millions of shares exchanging hand in a single day.


KPSCB - Laying On a Lower Note
KPS Consortium Berhad operates in six segments:
- paper milling, which include the manufacture of various types of tissue paper and tissue related products;
- paper converting, which include converting of paper into related products and trading in paper related products;
- building materials, which include the distribution and retailing of wooden doors, plywood and related building materials;
- laminating plywood, which include manufacturing and trading in printed laminated plywood;
- investment and management;
- Trading in paper, paper products, stationery and general household products.

KPSCB had been laying in a lowly manner without much attention in the market for quite sometime. The diversified group had on FYE 2013 managed to put up with a revenue of RM493 million, with an EPS of 8.13 cents, raising the NTA of the group to RM 1.38.

While KPSCB headed with a slower start for 1Q 2014, KPSCB will be likely to see a stronger come back in the 2Q 2014 after seeing a general stronger pick up in the second quarter in the overall market. KPSCB is looking to hit a stronger revenue in 1H 2014.


KPSCB had been a real laggard if compared to the other listed company which is operating in the same sector (paper related). Let's have a look at a few of the listed company in KLSE which is involved in the paper industry.

1. MUDA - RM 2.29
Trading at 86.7% of it's NTA of RM 2.64
PER x 16.12 (Based on FYE 2013)


2. ORNA - RM 1.26
Trading at 75.9% of it's NTA of RM 1.66
PER x 11.29 (Based on FYE 2013)

3. PPHB - RM 0.995
Trading at 75.9% of it's NTA of RM 1.31
PER x 10.69 (Based on FYE 2013)

4. Master - RM 0.84
Trading at 77.77% of it's NTA of RM 1.08
PER x 8.83 (Based on FYE 2013)

Based on the above 4 examples, the companies are trading at and average rate of 79% of it's NTA and PER x11.73. Putting KPSCB into the similar ratio will be seeing KPSCB being valued at RM 1.09 (79% of it's NTA at RM 1.39), or RM 0.95 based on EPS of 8.13 valued at PER x 11.73.


While KPSCB had reflected is undervalue being amongst it's peer, it's property portfolio will continue to put KPSCB even more undervalued after holding several freehold prime location land with valuation dated back at 1993 and 1995. The valuation reserve in the 2 plots of land might easily ring anything more than RM 10m, which is worth 6.7 cents a share.

Potential Upcoming Catalyst
KPSCB had been seeing a significant number of shares buy back by Mr Koh Poh Seng. Till date, Mr Koh Poh Seng had accumulated 62,741,525 units of shares, resembling a total of 42.4% of the total shares issued. The stakes are high for KPSCB being a take over target by Koh Poh Seng.

Apparently, industry sources informed that Mr Koh Poh Seng had in mind to take over the company, so to unlock the true value of company that had been laying low. KPSCB is currently being priced at 42% of it's NTA. The latest is being Koh Poh Seng seeking to deal in the Ordinary shares via open market during closed period.




In short, KPSCB will be a good company to be invested in based on:
- Trading below it's peers' discount on NTA and PER. Currently trading at a discount of 58% from it's NTA.
- Valuation reserved worth more than RM 10m, almost 6.7 cents a share
- Anticipating a better and stronger Q2 2014 to continue to propel earning for FYE 2014.
- Diversified business portfolio with paper milling, paper converting and involvement in the building material.
- Strong gradual buy back from the director - KOH POH SENG

Looking at it, KPSCB will definitely look set to penetrate above RM 0.70 in a short term outlook, while a longer term outlook might be seeing KPSCB being valued at RM 1.00.

Rising on with this Sun? You decide.
Bone's short term TP: RM 0.80

Cheers and regards,
Bone

brendonyeap, update?

brendonyeap :)), price will go up to 2.00 ?

price will shoot up

nowhere to go, but up all the way !!

told you so !!

late bloomer, however it's finding it's rightful place, price zooming up :))