Kali said to pay RM9.65B. The RM2B by Fed have got to be on top of the RM9.65B offered by kali.

What about its 17% stake in Syabas?

This is as good as balingals and balingals yet to come!

When new MB takes over, the RM3B in state reserves will likely already be used to pay off concessionaires! New MB likely will inherit empty coffers!

Water deal likely done well before Mar 23rd. Kali lame duck after that. Even if he play spoiler and get the state assembly dissolved or engineers a cross-over with the help of PAS, the deal will still be done by 23rd Mar. Companies to be put under KDEB not relevant to him. What is relevant: Legal binding contract signed with water concessionaires; upfront payment received(from Fed)/made(to concessionaires); Work-orders for Langat2 issued. This will be 'kau tim' for him and to be done well before 23rd Mar, after which his hands are tied! Ungwah and afizi will try to tie his hands before then, but will likely not be successful. Big mistake for ungwah not to contest Selangor and take MB post in 2008 and 2013 as per advice by DAP.

What is KPS share of the water deal of RM9.65B anyone?

Once contract is signed and money upfront paid, the new MB is bound. So I believe, the legal work and upfront payment will be done before kajang i.e. 23rd Mar. All the work orders for Langat 2 and related distribution works will be issued within 10 days. So no way new MB can stop the party.

RM9.65B plus top-up of RM2B. Total is RM11.65B. Still market did not sustain up-trend on stock. Will see tomorrow.

But I wonder why market did not seem to have factored these in?

@Investeye. Please give link for the above info. Tks.

Let's see how's Puncak's response. Maybe more project for Puncak. Surely Fed will not throw out its baby with the bath 'water'?

The report says RM2B.

The KLCP went down 11.2 points. maybe that's what dampens the mood.

Na..just the news about the MOU.

Puncak gets an additional RM(2x0.7)B i.e. RM1.4B or RM3.4/share. Still not understand why share price still so low?

Yeah, that's the sweeteners from the Fed. Puncak will have to take offer since SPAN has Ok'd the take-over of Syabas by kali. Nobody is going to question the deal, almost any deal with the public up in arms over the water rationing. Yeah, RM3.45 for Puncak is still very very low. Waiting for announcement from Puncak.

RM8 only with special divvy!

OK. Noted.

It was kali. He is both incompetent and sly. Or he is ruthlessly sly all the way from at least one scenario point of view!

I understand the accounting treatment of plantation earnings. Your assumptions are wrong for both OP plantations and POM. If there are enough interest expressed, I will explain. I don't want to bore the forum here.

Inno long term. They are still planting. Better go for TSH.

What news?

I am still in the money. I will hold.

Yeah, kali is lame duck..days are numbered. He already got what he wanted. Collect if RM3.25 is breached. Warrant holding up well though.

Just a few more days.....!

Inno has got no volume at present.

There was no goreng. Looks like market still cautious after the last director's sell-down. Just my 2 sens worth.

@atkoay. At this stage I think is 50-50. Publicity with minority though. Wonder what's the status with JKing?

No way SPAN will allow kali to take over Syabas. Kali under pressure - contrived?

456.3K shares sell - that's the size of the opposition against as rise above RM3/share! Unless Funds buy or more share buy-back, no way can price get past RM3.

@CaoCao. My hunch is that kali is the culprit for the water woes, plus the current drought.

But the KLCI is rising!

Silence is golden. Syabas's waiting for the windfall sweeteners!

With water rationing and temperatures (both natural and political) rising, if water deal not resolved soon, then ppl power will try to resolve!

@Frank Soweto. Let's call a truce. We all make our contribution here. And there is no point taking my remarks at other forums out of context. As I was hinting, remarks are to be seen and interpreted in the context where they were made. I made my remarks to caution my fellow investors at Koon's nearly irrational exuberance both in touting his counters and his political ideas. You can be boorishly black and white in your expressions as well as very linear in your thinking. I think in inductive terms and have learnt that in this world of often irrational contradictions, to hold two or more contradictory 'facts' in my mind without having to rationalise them. My reference to 'colon' is an elegant but admittedly pungent (a Churchillian expression) way of telling the person that he is making spurious remarks. Most (the barbaric type) will make reference to another organ further down the colon to express their distaste! I don't think we can ever agree 100%. But that's the strength of mankind! Peace, friend.

Special divvy from windfall profit after water take-over possible.

@digiuser016. As I have said earlier, this is just my being positive. Come on, have a sense of humour. It may still eventuate if Puncak gives generous special dividend after water deal!

@troll, wise move! Yeah, we are all here to make money and help others do the same - win win. Go go go, go ride the tiger. But remember, it's a tiger and not yet a horse! After water deal unload some, then jump from the tiger and onto the horse with the rest to gallop to RM8 and beyond, i.e. hopefully. Weeeeee! What a ride!

The Fed and kali have better do something fast otherwise what iafx said repeatedly about ppl power may come true! Something fast about resolving the water issue with sweeteners all round.

Keep a watch out for those heartless directors to throw a spanner in the works by selling!

He create some leeway to get the last laugh by changing his line to 'drop next week'. So we will see whether Puncak and related stocks will drop this week!

He changed it to 'drop next week'. Anyway, both times, he was talking through his colon. Hahaha!

Closed at RM1.33!

Weeeee!! Still time to ride the tiger. Risk is always yours though.

Yeah RM3 coming if Koon keep tight upper lip on 'sensitive' topics! I think it would have reached RM3 in Dec 2013 if he has done so!

This is to provide the justification for possible sweeteners, especially after the Cabinet meeting on Wednesday. If I remember correctly, kali said earlier that there is enough water. Anyway, the market already seem to be positively reacting!

Haikeyila my love, glad to have you in the discussion on JTiasa. Your intuitive and insightful comments will add more wisdom to the discussion.

@Peter Lee. Sorry for my penchant for accuracy - my chart shows it dropped from RM2.55 at around the time of Koon's comments on the underperformance of the Malays.

@Frank Spweto. Peace friend. Price of JTiasa is rising. Koon bashed the MCA who is more thick-skinned. As long as he does not bash UMNO, I think JTiasa will be OK. I put in the 'slum' bit to demonstrate that when it comes to barbaric name-calling, you have inadvertently, through your 'cheong hei' post, exposed even the colour of your colon. I could mention others, but it will embarrass you. So can we have a civilised discussion here? Please? And to answer your question: Can Koon control JT share price with his 40 million shares? Sure he can together with his $millions so long as he do not 'overplay his mouth' on the political scene.

Yeah, credibility issue only if he intend to prolong issue beyond 23rd Mar 2014. But I don't think he will prolong that long. Both Fed and kali now have urgency to resolve. Unlikely Kali's offer will remain 'final' for long. Likely sweeteners from Fed after this Wed's Cabinet meeting. I believe Kali will also throw in a sweetener or two (re-piping projects?) to lubricate the deal.