I don't bother about the market price predictions made by other people. If I think the current price is a bargain I will buy. If price comes down I will buy further.
Toyo and CPI will be main beneficially in 32% jumps in March 2022 Electronics and Electrical Export. __________________________________ Exports from Malaysia surged 25.4% from a year earlier to a record high of MYR 131.6 billion in March 2022, accelerating sharply from a 16.8 percent growth in the previous month, and easily beating market consensus of a 12.5 percent rise. Still, it was the 19th consecutive month of increase in exports and the eighth straight month of double-digit growth, amid a further solid in global demand and surging commodity prices. Further, the latest reading pointed to the seventh consecutive months of exports value exceeded MYR 100 billion. Sales increased for all sectors: manufactured goods (19.1%), mining (105.8%), and agricultural goods (41.8%). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (32.8%), followed by petroleum products (96.5%), and chemicals (9.1%), and manufacture of metal (3.5%). Among major trading partners, exports expanded to the US (10.3%), China (10.7%), Singapore (34.0%) and the ASEAN countries (37.7%). source: Department of Statistics, Malaysia
The next issue is how will the sale proceeds be utilized? Will there be a special dividend? If yes, how much will it be? How will the market react to the news? Will KPS climb to 90 sen or drop down to below 60 sen?
Reckon a special dividend of around 15 to 20¢is on the plate. With this, investors will definitely react positively. From here its share price will move northward gradually. I prefer a gradual uptrend.
No way it will drop to 60¢ in the near term. Only that pessimistic parasite said it will. I wonder what is his agenda. He wants to incite fear or he wants to collect cheap tickets. Or, perhaps he is very sick.
after Sprint sale, KPS's nta will gain about 20cents( if no dividend is given out )-----about 2.13 ( 1.93 last Qr) Extremely valuable if KPS wants to secure New Loan to take on new projects. Using market most simple valuation ( 1.30 * 2.13 ), KPS worth 2.76 ( excluding 3.10billion Rasau Treatment Plant project Not announce yet ) Rasau Treatment Plant is about 4 billion total.
3.10B balance project doesnt involved super structure that involve massive steel bar requirement and imported pumps and piping. Chances of inflated price is very High---project losses is very high . Any way KPS has no experience in this type of Design. Next major works are Earth moving, laying pipes and supplies of Water Treatment Chemicals( design of water treatment Labs) All these projects are within KPS expertise. But what portion is remaining 3.1Bil, i dont know
60%+ controlled by selangor gov and selangor gov wont care about the share price, so don't be surprise the price will keep dropping non stop (benefit to selangor gov) until a day major shareholder take it private at dirt cheap price :D
mca wannaBe started last week.... nego for positions in GE15. MaiCai is ask to raise fund for GE15. I bet Bursa will be getting Hot from now until July......August GE15
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....
chkhooju
1,706 posts
Posted by chkhooju > 2022-04-18 09:30 | Report Abuse
Hello, you are not welcomed here. Please go and fly a kite.