tag:blogger.com,1999:blog-96448416018959830.post2300096062960715297..comments2024-03-24T15:18:25.244+08:00Comments on I DID IT MY WAY: M-REIT Data DYhorsehttp://www.blogger.com/profile/01702979662884471359noreply@blogger.comBlogger47125tag:blogger.com,1999:blog-96448416018959830.post-45523972927869833312013-07-13T10:23:19.565+08:002013-07-13T10:23:19.565+08:00Not many research house want to comment about the ...Not many research house want to comment about the KPS and Puncak, maybe due to political risk and complicated issue involve. Finally kenanga risk puncak value at rm 5. http://www.theedgemalaysia.com/business-news/245766-kenanga-puncak-niaga-shares-could-be-valued-at-rm5.htmlDerickhttps://www.blogger.com/profile/04664878047005191016noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-8445959686468516772013-07-12T18:04:32.582+08:002013-07-12T18:04:32.582+08:00There is urgency now to resolve Langat2 water plan...There is urgency now to resolve Langat2 water plant. It involve transfer of raw water from Pahang to Selangor through tunnel and multibillion already spent to build facility in Pahang portion. With 80% completion of it, it must start its Selangor portion as soon as possible to connect the tunnel.<br /><br />State gov wish is to gather all water treatment plant under its umbrella, including these langat 2 together with exiting plant under Splash + Puncak Niaga + Abbass. These upstream will then will consolidate with downstream operator (Syabas) in order to streamline the whole water distribution.<br /><br />Whereas, Fed gov wanna to separate the deal and emphasize just on langat 2 construction.<br /><br />The final deal could be, Fed gov and state gov reach compromised agreement whereby, Feb opt its golden share in Syabas to force Puncak divest its stake in Syabas to KDEB in exchange for State gov grant land development order to build langat 2.<br /><br />If you check Puncak last Q1 result, syabas only contribute less than RM 5m profit before tax or <4% to the Puncak earning. The major contribution is its wholly own subsidiary Puncak Niaga that operate 2 water treatment plant in SSP2 and wangsa Maju. If puncak opt to divest Syabas but retain Puncak niaga, there will be very minimum on its earning and easily recoup back by increase contribution from its oil and gas business.<br /><br />These is compromised solution as the major issue is due to Syabas, the downstream distributor not the upstream water treatment plant.<br /><br />KDEB can at least solve the partial issue by consolidate the these Syabas, the downstream water distributor and half of the upstream operator, the water treatment plant (Abbass + splash), and allowing other to continue (Puncak Niaga + langat 2)hnghttps://www.blogger.com/profile/09991845636346362144noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-43611845898479168862013-07-12T17:24:10.223+08:002013-07-12T17:24:10.223+08:00Hng
I also bought Kfima today... Hng<br />I also bought Kfima today... alwayswin111https://www.blogger.com/profile/10260851030559041905noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-20645679538162723452013-07-12T17:02:00.096+08:002013-07-12T17:02:00.096+08:00Bought new stock: Kfima at 2.04Bought new stock: Kfima at 2.04hnghttps://www.blogger.com/profile/09991845636346362144noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-78867318354926054762013-07-12T16:53:01.115+08:002013-07-12T16:53:01.115+08:00Wanted to sell KPS at 170 but only 900 shares done...Wanted to sell KPS at 170 but only 900 shares done. Not enough to pay feeTenghttps://www.blogger.com/profile/04433725663734652393noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-7615466769944732682013-07-12T16:18:10.789+08:002013-07-12T16:18:10.789+08:00Follow Hng to buy KPS at 1.67.
But Hng is fast to...Follow Hng to buy KPS at 1.67.<br /><br />But Hng is fast to make intra gains by selling 1.68. Tenghttps://www.blogger.com/profile/04433725663734652393noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-82459164193564569122013-07-12T16:12:31.810+08:002013-07-12T16:12:31.810+08:00Bought back some KPS again at 1.66Bought back some KPS again at 1.66hnghttps://www.blogger.com/profile/09991845636346362144noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-8772747832715171602013-07-12T15:50:43.385+08:002013-07-12T15:50:43.385+08:00Sold back at 1.68, realize quick intraday gain fir...Sold back at 1.68, realize quick intraday gain firsthnghttps://www.blogger.com/profile/09991845636346362144noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-89102602422347997252013-07-12T15:32:50.715+08:002013-07-12T15:32:50.715+08:00Bought again KPS at 1.66Bought again KPS at 1.66hnghttps://www.blogger.com/profile/09991845636346362144noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-29232354183366702262013-07-12T12:50:43.328+08:002013-07-12T12:50:43.328+08:00Cheeheng
congrats... your hupseng up 20cents
Cheeheng<br />congrats... your hupseng up 20cents<br />alwayswin111https://www.blogger.com/profile/10260851030559041905noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-27646805440028481532013-07-12T12:00:46.613+08:002013-07-12T12:00:46.613+08:00bought more KPS @ 1.72bought more KPS @ 1.72cheehenghttps://www.blogger.com/profile/17135180394527769675noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-79864598665116395882013-07-11T22:56:06.646+08:002013-07-11T22:56:06.646+08:00What do you guys think of umcca?
Noticed aberdeen ...What do you guys think of umcca?<br />Noticed aberdeen keep buying.lghttps://www.blogger.com/profile/04507264470379424636noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-85661193106195308492013-07-11T21:08:56.391+08:002013-07-11T21:08:56.391+08:00Bought KPS @ 1.74.Bought KPS @ 1.74.horsehttps://www.blogger.com/profile/01702979662884471359noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-3201628424496643112013-07-11T16:10:41.960+08:002013-07-11T16:10:41.960+08:00Alwayswin111
I sold all Parkson at 3.82-3.85,and ...Alwayswin111<br /><br />I sold all Parkson at 3.82-3.85,and only see it hit 4<br /><br />Parkson very much depend on their China operations.Tenghttps://www.blogger.com/profile/04433725663734652393noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-27132151192837706092013-07-11T16:08:02.788+08:002013-07-11T16:08:02.788+08:00Teng
I still have Parkson ... didn't sell at 4...Teng<br />I still have Parkson ... didn't sell at 4.00... 3.75 looks pretty strong support and looks like bottoming. Hope I am right???alwayswin111https://www.blogger.com/profile/10260851030559041905noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-52530870690942277652013-07-11T16:06:17.774+08:002013-07-11T16:06:17.774+08:00Teng, Cheeheng
Thanks for info... Kseng technicall...Teng, Cheeheng<br />Thanks for info... Kseng technically looks like an inverted H&S to me... <br />I have some... maybe wait and see<br />Haha... my MEGB at 0.555 now stuck... but quite comfortable that it will scale higheralwayswin111https://www.blogger.com/profile/10260851030559041905noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-87212899108572335722013-07-11T13:26:16.238+08:002013-07-11T13:26:16.238+08:00Teng
I wouldn't sell it either if I got at 3+...Teng<br /><br />I wouldn't sell it either if I got at 3+ but at 5+ ,nah...I buy something else like MNRB which I just bought@3.45.cheehenghttps://www.blogger.com/profile/17135180394527769675noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-66471883146424125602013-07-11T13:18:53.125+08:002013-07-11T13:18:53.125+08:00Cheeheng
Much has been said about Keck Seng's...Cheeheng<br /><br />Much has been said about Keck Seng's NTA. Most of its assets,land/property has not been revalued for past 10-35 years.Most significant undervalue assets are ~8,000 acres of oil palm land in Ulu Tiram ( book value RM25million last value 1980).Cuurent value is min RM300mil.Also Menara Keck Seng in Golden Triangle with book value RM56mil<br /><br />Keck Seng also hold many stocks listed in Msia/Spore stock exchange( Chin Teck,Wilmar etc)<br /><br />I still hold some Keck Seng.Some bought before bonus issue( 1 bonus for every two share held).My cost is probably 3+ but I am not sellingTenghttps://www.blogger.com/profile/04433725663734652393noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-48512848667142421532013-07-11T12:30:40.770+08:002013-07-11T12:30:40.770+08:00alwayswin111
From what I know and I know very lit...alwayswin111<br /><br />From what I know and I know very little about Kseng.This I copy elsewhere and paste here. <br /><br /> Keck Seng is an asset play. It's NTA is RM5.10 made out by RM3.46 of hard cash. Besides other valuable assets which book values of 65 sen per share is much lower than the current value such as land held under development and investment properties. Hey, I have not talked about its property, plant and equipment, Property development costs, inventories, receivables etc of about 800m yet. Whereas its total liabilities is only 108m. It is definitely a Graham net-net counter. Besides it has a profitable palm oil manufacturing work and plantation, property development, hotels etc and other business which are doing quite ok with positive free cash flows. It has about RM1.00 per share dividend which is tax imputable and has to be given out by this year. It seems it won't go wrong investing in this stock at current price now. You don't have to follow me.It paid only 6 sens final div. instead of 1.00 A lot of assets no use also, no interest of minority shareholders taken into account.cheehenghttps://www.blogger.com/profile/17135180394527769675noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-81803482601763260092013-07-11T11:58:36.896+08:002013-07-11T11:58:36.896+08:00after last week's high activity of kps & p...after last week's high activity of kps & puncak activity..the quietness in the market now feels so...unnerving!lghttps://www.blogger.com/profile/04507264470379424636noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-27187145732149808422013-07-11T10:44:26.951+08:002013-07-11T10:44:26.951+08:00Despite recent run up in KPS and Puncak share pric...Despite recent run up in KPS and Puncak share price, i still both of these water theme stock still have yet to reach their fair value. There is only one materialize deal in KPS to unlock its investment gain in KHSB and pending special dividend to reward shareholder. The major unlocking assets: 91% stake in ABbass + 30% stake in Splash for KPS; 100% in PNSB + 70% in Syabas for Puncak still pending to reach final deal in next 2 month. It is therefore if can hold stock for at least 3 month, return of 30-50% can still expectedhnghttps://www.blogger.com/profile/09991845636346362144noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-65772010859954216782013-07-11T10:23:45.911+08:002013-07-11T10:23:45.911+08:00cheeheng
what do you think of KSENG?cheeheng<br />what do you think of KSENG?alwayswin111https://www.blogger.com/profile/10260851030559041905noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-39515108681522554692013-07-11T09:59:49.150+08:002013-07-11T09:59:49.150+08:00Bought more KPS at 1.76-1.77Bought more KPS at 1.76-1.77hnghttps://www.blogger.com/profile/09991845636346362144noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-18140408278669429412013-07-11T09:53:05.523+08:002013-07-11T09:53:05.523+08:00State assembly must pass the increase budget to ta...State assembly must pass the increase budget to take over KHSB from KPS and later privatize KHSB. Once budget pass, KPS will issue notice of EGM to shareholder and seek approval for disposal and special dividendhnghttps://www.blogger.com/profile/09991845636346362144noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-81930944110523763972013-07-10T21:54:34.487+08:002013-07-10T21:54:34.487+08:00TWRREIT & AXREIT DPU a week after next.TWRREIT & AXREIT DPU a week after next.horsehttps://www.blogger.com/profile/01702979662884471359noreply@blogger.com