Monday, May 6, 2013

Day Trades : Sold TWRREIT ^^



1. TWRREIT - Sold too early at RM1.51. :( Nevertheless, still make 1sen profit. ^^

2. PAVREIT - Bought in at RM1.57. ^^ Hope to make some profit tomorrow.

3. KLSE should start new chapter after GE 13, though the election is not a very fair one. :p

4. Congratz to hng & Teng. ^^

5. Good Luck.

14 comments:

cheeheng said...

GOOOOOOOOO Carlsbg.
GOOOOOOOOOOO
Mbsb
GOOOOOOOOO
Presbhd

Congrats horse,hng

hng said...

cheeheng

Timecom still have at least 10% upside potential. Just wait for upcoming EGM that seek shareholder approval for DIGI share distribution, each Timecom share entitle to 0.24 Digi share, worth RM 1150

hng said...

KPS share should be able to rebound back once Khalid resume MB for Selangor. By end of the month, if offer price for KHSB increase by another 10% to 84sen, KPS should reap even higher net gain for its 58% stake sale in KHSB.

hng said...

Based on circular issue by KPS, the original cost of investment in KHSB is RM160m. Based on offer price of 76sen, KPS will realize total 193.4m, whereas, if the offer revise upward to 84sen, KPS stand to realize 212.8m.

These amount of gain will be further boost to RM 480.7m if take into account reversal of past losses of the KHSB that had been included in the result of KPS.

Teng said...

Hng

Azmin Ali is now lobbying to be Selangor MB. Pas may also wants its candidate to be MB. PAS & DAP has 15 state seats,while PKR 14 seats

I 100% support Khalid as MB.

Teng said...

Hng

Azmin Ali is now lobbying to be Selangor MB. Pas may also wants its candidate to be MB. PAS & DAP has 15 state seats,while PKR 14 seats

I 100% support Khalid as MB.

Teng said...

Congratulations to those still holding MKLand

Derick said...

Hng
If KPS receive 480m, almost Rm 1 gain in share price ? Will it distribute all or half to shareholders ? What is your opinion ? Thanks

hng said...

Derick

KPS in its accounting may record total net gain of RM480m although the actual cash realize is RM193m due to reversal of past losses of the KHSB that had been included in the result of KPS.

If you examine KPS balance sheet, it have total borrowing of about 1267m in which most is in the form of water concessionaire liabilities. Under selangor water restructuring, KPS will received total cash 161.4m and total of 1381.2m liabilities to be assumed. All in all, KPS stand to net pocket cash of 275.6m.

If then take into account of its stake in KHSB divest at minimum 193.4m, KPS will be flush with net cash of 469m or net cash RM1.00/share

hng said...

Derick

If everything go as plan, i think KPS will likely to at least opt for special dividend or capital repayment via par value reduction

Derick said...

Hng
Great ! Thanks for the details explanation.

Derick said...

Hng
Great ! Thanks for the details explanation.

cheeheng said...

hng
thanks fr the Timecom update.Plan to keep Timecom long term. Like
this can take a shot with KPS. :)

Jason Sim said...

Anyone knows what happened to IGBReit?

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