Special dividend The Board intends to declare a special dividend amounting to not more than RM24.20 million (“Special Dividend”). For illustrative purposes only, the Special Dividend represents approximately 4.5 sen per share (computed based on the total number of issued ordinary shares of KPS Berhad (“KPS Berhad Shares”) __________________________ Sell Asset ( KingKoil ) Give Dividend----4.5cents ( Good )
Still waiting Menara KPS Shah Alam Sales announcement ---Already offer for Sale in Property Market for 2 year I think should get about 85--100mil at current market-----Another Special Dividend in 2024--5???
special dividend should exclude "normal year-end dividend"-- Normally management give about 4.5cents p.a. Since 2023 is not a good year except 4Q23( maybe )---I think management will give another 2cents since last Qr they already give 1 cent
Based on the disposal price of RM265.48 million and a book value of RM148.05 million, the group will recognize a one-time profit of approximately RM117.43 million in fiscal year 2024.
Management estimates that the transaction will be completed in the first quarter of fiscal 2024. At the same time, it also plans to offset the loss of Kaiserkorp's profit contribution by expanding its existing manufacturing and infrastructure investment portfolio.
At the same time, the group will also pursue complementary investment opportunities consistent with its growth strategy.
We maintain our profit forecast for fiscal years 2023 to 2025. However, due to annual interest savings of RM9.58 million due to loan repayments, there will be an upside surprise in profit performance.
We raised our rating from "neutral" to "short-term buy" and raised the target price by RM1.25 from 77 sen, equivalent to a price-to-earnings ratio of 32.9 times.
Back in May last year when I completely exited from KPS I used the sale proceeds to buy into Kuchai and on the first trading day this year Kuchai went limit up.
Posted by speakup > 3 hours ago | Report Abuse Speakup bought many deep undervalued counters cheap when nobody wanted. All move up a lot..... except for one: Mphbcap
Speakup can name same long list of deep undervalue stocks for learning purposes?
10billion allocated for Old Pipes changing every 2 years......2 billions needed for Selangor alone. KPS smart piping already has certification from Air Selangor before Covid. That is the main reason KPS dispose KingCoil to conserve Cash for Massive Pipe Changing projects
APPROVAL FOR AQUA-FLO SDN BHD TO ENTER INTO FRAMEWORK AGREEMENT WITH PENGURUSAN AIR SELANGOR SDN BHD FOR THE SUPPLY AND DELIVERY OF WATER METERS FOR NEW DEVELOPMENT, MIGRATION AND REPLACEMENT PROGRAMME (2023/2024) OF BRASS / THERMOPLASTIC / POLYMER / CO-POLYMER / COMPOSITE WATER METERS FOR THE PERIOD OF TWENTY-FOUR (24) MONTHS COMMENCING FROM 1 JANUARY 2023 TO 31 DECEMBER 2024 WITH AN ESTIMATED CONTRACT SUM OF RM12,972,306.00 _______________________________
New plastic water meter worth 100mil is also on the way bcos new pipes ( new meter also needed ) KPS also bidding for water projects in Kedah, Perak and Pahang
Thank you waterFISH chasers for helping me to escape from half my KPS stake re-acquired in '21 & '22 below 80c (SOLD in '20 & '21 @ 1.07 & 1.14) this morning & maintaining my 100% win record here...+ 810 days of stock trading gains consecutively!!!🤗
SOLDDD 60% of my remaining KPS for 89.5c, taking advantage of this morning's sudden strength & garnering 857 days of trading income in a row!😊
For the longest time Kps was 70¢, Kseng was 3.60, Insas was 80¢ but nobody want buy. Now see where they are now. If u missed those, there's Mphbcap. When it moves...... easily 1.50. Just a matter of time.
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....
SinGor
4,923 posts
Posted by SinGor > 2024-01-08 10:35 | Report Abuse
When Splash was Sold to Air Selangor, i remember KPS hit RM2.01 (2)----Now KPS asset is almost 3 times
more during Splash era but price is 2X less