Chinesetea, what u said is my cup of tea!

If offer is accepted by syabas, the price will be as rhb or even more with specular dividend coming

Mb cannot blame the long time taken on water companies or puncak alone, he is the one who came out with 5.8billion in first offer. Current offer shows he has taken too long to understand the issue n fair value.

Malaysiakini writer is trying to bullshit. Half battle is won if syabas agrees to sell and other don't. No water companies supply water to users except through syabas. For this syabas has a premium.

This time I think rhb made sense. Just look at the equity value, rm3.78 per share. Imagine with that cash in bank n oil n gas biz, it sound exciting. So, rm5.22 is straightforward calculation, no rocket science, only question will he sell this Dec?

Siok! Teng just said negative for his crony to buy cheap today!

Why water hit snag but state owned water co kps up today?

Teng is not involved in water negotiation also, what does he know?? He should settle klang problem like traffic jam n flash flood first

StI'll some more?? Thought no more to give

I support u, icon8888, but it may take some time as water deal may not be on. Kdeb CEO is selling when water negotiation supposed to be at final stage this Nov??
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1457629

Will give bullet to make it big in oil and gas

Definitely will bullet to make ignoring big in oil and gas

Datokim, it is not really as "simple" as u think, mb wants to buy water asset, not company so share price has no bearing on the success or failure of water deal.

Tq Icon8888 for sharing. These four contracts are multi-year contracts tied to transportation and installation of pipelines and offshore platforms across the production sharing contracts in Malaysian  waters. If GOM clinches anyone, the valuation will shoot up

Tsurukame, well said "not attractive" offer, what made u think 9.65billion is attractive? One time book value or discounting cashflow method? Btw, gamuda will increase offer price if state govt want to sell higher, only idiot will expect ppl to sell at "final" price offered without basis

100% agreed with u, iafx

Tsurukame, if u have a CEO managing yr biz, this fellow tells u he expect to close deal by yr end, do u think he said it for fun or he was simply incompetent can't keep to his target?? Either way, most owners will be fed up this kind of CEO

U r right but if the price is right, they cannot stop also cos the analysts n financial world can see. Also, federal want langat 2. The fact that rozali get 33m is indication of golden handshake.

Honestly thinking, don't think mb will sell kesas. That would contradict his campaign to buy cheap n help ppl. Besides this he claim state coffers has increase, so no reason to sell cash cow now. But water deal is different, he has made blunders by making several ridiculously offer starting from 5 billion n also make public statement there is plenty of water, now this deal cannot fail anymore or next better person will take over his post to do what he can't for 5 years!

Politician must feed his supporters also

Be patient, but for long term. Another river pollution or draught will axe MB, the deal has to be on any corporate person 'll know

Mb is not competent to resolve this, get someone to handle this or put open tender sell to highest bid. Can't really blame rozali as shareholder cos there is no reason to sell at this price when there was a better offer by Gamuda last time. But then, the pressure is on selangor govt as the reservoir reserve is only 1%.. Public by now shld know that rainy season dent help improve the reserve

Great eastern will sapu all if drop further

MB selangor won't sell kesas, instead he plans to buy cheap so that he can give toll free to everyone!!

Mb selangor has bn saying positive things about busy Nov n target to close deal by Dec. So what made him say so if he is not prepared to nego further on price?? Anyone give a non negtable offer to owner n expect the deal would be closed. To sum up, the deal is close, either the price has bn agreed or there is still some room for upward adj. Hold on

Water tariff going up soon led by penang http://www.thestar.com.my/News/Nation/2013/10/31/Penang-WCA-nov-1.aspx puncak price also up up up

http://www.freemalaysiatoday.com/category/business/2013/10/30/selangor-to-revise-offer-for-puncak-niaga/
Rm4 very soon will be too low also

If he is right, that means oil n gas biz is worth only 8sen per share!

Yes..2 weeks

I m looking at enlarging my investment in stock market in general, property no more attractive yield unless holding mordant than 5 yrs

He is playing Number Game! Meaning as long as policy which makes more ppl happy than upset is good policy

With due respect, tony pua didn't give correct picture of the situation. Syabas is supposed to get tariff increase to make profits n finance all expenses. Since tariff increase is in court now, if federal govt do not some in with loan, idoes tony pua expect all pipe replacement projects to be on hold?? Or does he expect puncak to let go syabas at RM1 due to tight cashflow pending court decision?? Pls put politics aside, of course if state govt can get water co cheap, a lot can be done. Likewise also, IPP, highway concesdionaire etc, kindergarten kids also know but must be reasonable to investors also. This co is listed in bursa!

Ammb again says tp RM4,, it is coming soon

Another analysts recommend buy tp above RM4, surely this stock can go easily that. Good investment optoon

It is going up soon, just look at gamuda. There is some agreement on the price soon

Indeed. 60% of us citizens said they feel like sacking all the elected reps

That's it. Tks unice

Already shared opinion before, kps not same as puncak as it is left without exciting biz post water deal. Mb selangor wan to manage water via a spv wholly owned by state, kps will only get one time cash from water asset sale. In term of water asset, puncak is 4 times the size of kps before incorporating 70% syabas. As far as water stock is concerned, it is clear which is the top pick

How come affin tp 4.60 is not in this website record? It came out in the Star few days ago

Rhb report is rubbish. Everyone knows if water deal delay to 2014, price will come down, but down to what level? 2.51? Why? What about if it is on before year end, what is the tp? Silent? What kind of analysts?

The diff is puncak has oil n gas. What does kps has? It has been mentioned a spy wholly owned by state govt, ie not kps will manage water post consolidation.

Sometimes yr comments are most neutral when u don't hold any shares

With due respect, carefulinvestor has missed an important fact in the balance sheet. The compensation is recorded in syabas acc n it is not consolidated. The receivables of 1.7bill in puncak balance sheet is owed by Sybase, same as to other water co as syabas only paying 60% to all water co. Whoever takes over syabas wld have to pay as thisIs non indisputable. Compensation is a different matter, between syabas n selangor state government.

My view same as anfield, except 5.50 is my target

Long term strategy seeing returns now....

I beg to differ, I think offer for syabas shld increase rather than the water production co

Kdeb suhaimi said offer will not be increased in Star today. Wonder why when he was in charge at PAAB taking over water in johor, he supported one time book value. Professional shldnt politicise offer in selangor, just stick to professionalism

It swill break next week now that PM n DPM confirmed no change

Kevin Gibb, well said n hope u r right

End of year should be fm4.76 at least. Reasoning is one time book value of pnsb plus min equity value of syabas.