I think they will declare 1 Cent dividen based on the cummulative profit up to 9 months. Couple with their cash available after sales of the main assets.
I see some vested parties who are interested to "push" KPS to 50cents. Since i already collected a big block, no harm jumping in to do some heavy lifting. At most KPS today might has a "free float" of 25mil ( All LTH shares, assuming he has unloaded All ) ( KDEB + PKNS holding 75% )
No need to look at TA, FA, Dividend, Bonus----just 1mil Volume Done a day, will move KPS Up or Down 2--3 cents ( 8% quite a Big Deal )
KPS is on track to achieve revenue of RM1 billion this year, which is one of the five targets its major shareholder set for the group when the BTP was rolled out. Revenue rose 49% year on year to RM867.49 million in FY2019.
Basing on net profit margin of 6% to 7% their profit will be around Rm60M+ to RM70M+ in 2020, conservatively...
Should be able to maintain the same div 4.25 cents (RM22M+)as per last few year or div payout of 30%+
By the way how do i know kps free float is around 25mil ( this is the block previously owned by Lembaga Tabung Haji---i think LTH has unloaded due its financial problem ) bcos before Kps sold Splash, it took me 5--6months to collect 100,000------ now i can collect 300K in 3--4 hour time and 3X cheaper 2 yrs ago.
when JJ is not promoting, he is buying. He always said his Old block Kps cost him nothing, all paid off with dividend and special dividend. His new block is around 0.330, i think
my target is RM1.0. so it takes a long time. I prefer to play among a small group of players, each can take profit in turn. However, this is much harder than said. Big fish can come and eat all the profit and run. It will take a long time to built back confident
JJchan my target is RM1.0. so it takes a long time. I prefer to play among a small group of players, each can take profit in turn. However, this is much harder than said. Big fish can come and eat all the profit and run. It will take a long time to built back confident 14/04/2020 12:58 PM <--- Hahaha. U r here to bs again.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cocqueen
692 posts
Posted by cocqueen > 2020-03-26 16:28 | Report Abuse
big ann coming