(PART ONE) KUMPULAN PERANGSANG SELANGOR (5843) KUMPULAN PROACTIVELY SUPERCHARGED, Calvin Tan Research
I am happy to bring you KUMPULAN PERANGSAN SELANGOR (5843) A State Owned Highly Super Charged & Proactive Management
STATE OWNED ENTITIES PERFORM WELL DUE TO THEIR PRIVILEDGES & OPPORTUNITIES
Last time there were Johor Land (Taken private by Johor Corp for its prime lands), TMakmur (Privatised by Pahang Govt) for its Lands, bauxide & Palm Oil). Now got TDM (Hospitals & Oil Palms in Trengganu)
BDB (Kedah went limit up after Tun Dr M injected Rm3 Billions for Airport). Then we have the thieving management of Perak Corp
BUT CALVIN TAN RESEARCH THINKS KUMPULAN PERANGSAN SELANGOR HAS THE BRIGHTEST PROSPECT WITH THE MOST PROACTIVE LEADERSHIP
Kumpulan Perangsang Selangor consists of 3 words
Kumpulan = Group or Grouping (A Colective Leadership)
Perangsang = Stimulant ( pro active, motivated, energised)
Selangor = Selangor Govt owns 63% of KPS
SO THE SELANGOR GOVT HAS A VERY DEEP INTEREST IN THE SUCCESS OF KPS
YESTERDAY KPS RECEIVED RM570 MILLIONS FOR ITS SPLASH SHARE.PLUS ANOTHER RM195 MILLIONS WITHIN 9 YEARS= TO A TOTAL OF RM765 MILLIONS
AND WITH THE PAID UP CAPITAL OF 537 MILLION SHARES IT EQUALS TO Rm1.42 PER SHARE (Debt not counting)
ON THE SAME DAY KPS ANNOUNCED BUYING OVER THE LAST REMNANT OF MINORITY SHAREHOLDERS OF CENBOND WHICH KPS TOOK PRIVATE IN YEAR 2016 AT RM1.75
AT 120 MILLION SHARES WORTH RM1.75 FROM CENBOND THAT IS ANOTHER RM210 MILLIONS (OR ANOTHER 39 SEN CASH PER SHARE MAKING IT RM1.81 CASH OR CASH EQUIVALENT A SHARE
THEN THERE ARE INVESTMENTS IN KING KOIL, KPS-HCM & SMARTPIPES
KPS MANAGEMENT ALREADY HINTED THAT THEY WILL SOON GIVE A CASH PAYOUT
KPS moving on without SPLASH
KPS’ gearing currently stands at 0.52 times — a level it is comfortable with. But if possible, it is planning to use some of the cash to reduce debt levels while any excess can be used to reward shareholders or for future acquisitions.
“The board hasn’t decided but we have given our proposal. But having said that, we’ve got to be very balanced [and] responsible in thinking about the future approach on how much we allocate for these three buckets.
“But we are also always aligned with optimising shareholders returns. If you look at KPS, historically, whenever we have divestments, there will be special dividends,” he assures.
As the completion of the sale is expected at the end of January 2019, KPS could then be receiving the RM570 million one-off payment for its 30% stake in SPLASH.
BIG QUESTION NOW IS
HOW MUCH SPECIAL DIVIDEND WILL KPS BE GIVING OUT?
PUNCAK GAVE RM1.00 AFTER RECEIVING ITS CASH COMPENSATION. WILL KPS MATCH THAT OR GIVE OUT AT LEAST 50% OR LESS?
FOR THAT ALL HAPPY SHARE HOLDERS OF KPS GOING TO GET A NICE EARLY ANGPOW!!
BUT TO CALVIN TAN RESEARCH GIVING OR NOT GIVING OUT A SPECIAL CASH DIVIDENDIS NOT OF UTMOST PRIORITY
CALVIN HAS DISCOVERED THE REAWAKENING OF 2 VERY VERY PROMISING COMPANIES WITHIN KPS (KUMPULAN PROACTIVE SUPER CHARGED)
1) CENTURY BOND
CENTURY BOND AS WE KNOW IT THE VERY NAME “BOND” SPEAKS OF STABILITY, SAFETY & CONTINUAL GOOD YIELD (THOSE WHO FEAR MARKET CRASHES ALWAYS HIDE IN THE SAFETY OF GOOD GOVT BONDS LIKE SINGAPORE & SWITZERLAND
AND “CENTURY BOND”? WHOA!
A VERY SAFE BOND THAT CAN LAST A CENTURY!! (100 YEARS STILL IN BUSINESS)
CENTURY BOND HAS THE STRONG QUALITIES OF THESE 3 COMPANIES
1) CENTURY BOND LIKE MUDA PAPER .
CENTURY BOND ALSO INTO PAPER & PAKAGING PRODUCTS LIKE MUDA.
AND E COMMERCE’S EVER INCREASING GROWTH WILL SPUR MORE CARTON BOXES TO PACK AND SHIP GOODS. THIS VERY PROFITABLE SECTOR SHOWS UP IN THE BALANCE SHEET OF KPS NOW
2) CENTURY BOND HAS PLASTIC STRETCH FILM LIKE SCIENTEX
SENDING GOODS NEED PLASTIC STRETCH FILM FOR PROTECTION. SCIENTEX DID EXTREMELY WELL IN PROPERTY & ITS PLASTIC STRETCH FILM PAKAGING
3) CENTURY BOND ALSO LIKE MAGNI TECH
ABLE TO GENERATE HIGH CASH YEAR AFTER YEAR FOR DIVIDEND PAYOUT
IN FACT DR NEOH SOON KEAN THE BENJAMIN GRAHAM OF MALAYSIA RECOMMENDED BUYING CENBOND AT 50 SEN WHEN IT DOLED OUT A 5 SEN DIVIDEND (10%) FOR YEARS 2006/07/08
KPS MANAGEMENT HAS GREAT FORESIGHT TO TAKE THIS ONCE IN A CENTURY BARGAIN STOCK PRIVATE AT ONLY RM1.75
HIP HIP HOORAY
BUYING KPS WE GET THE EQIVALENTS OF MUDA, SCIENTEX & MAGNI TECH
THIS ONE GOING TO BE ANOTHER BONANZA LIKE ACQUIRING CENBOND
WHAT IS SMART PIPES?
AS ITS NAME IS = SMART PIPES ARE CLEVER SHORT CUTS TO SAVE TIME AND MONEY IN BROWN FIELD PIPE REPLACEMENT
IN SELANGOR AND MOST PARTS OF MALAYSIA WATER PIPES ARE ALREADY 30 TO 40 YEARS OLD. BEING IN CONSTANT CONTACT WITH FLOWING WATER MANY ARE NOW AGEING AND CORRODING WITH HOLES LEADING TO WATER LOSS BY UP TO 30%
WITH HUGE POPULATION GROWTH SELANGOR CAN ILL AFFORD TO LOSE SO MUCH PRECIOUS WATER
SO KPS FORESEEING A GREAT NEED HAS BROUGHT IN THE SMARTPIPE TECHNOLOGY FROM NETHERLANDS
IT IS 50% CHEAPER. FASTER TO INSTALL & LESS DISRUPTTIVE ESPECIALLY IN PLACES WHERE BUILDINGS ARE DENSELY BUILT
TO UNDER STAND THE CONCEPT SEE THIS
In an urban situation, there are concerns over the potential risk to the public, should there be a gas leak that may result in an explosive event, or a fresh water main break or a crude oil spill. These would cause lasting damage to the community and environment and disruption to the public should roads, private property, etc. have to be shut down for repairs or replacement. In the former case, quite often a gas leak can allow the gas to accumulate to an explosive level before the leak is identified. With Smartpipe® the risk would be identified early, prior to an event, thus allowing the pipeline operator to deploy preventative measures and early response procedures thus limiting and containing potential damage. The issues associated with having to inconvenience the public by shutting down roads, etc. increases the likelihood of accidents and will impact the reputation of the pipeline operator and industry as a whole. The main causes of a pipeline incident are either third party intrusion (someone digging into the pipeline) or corrosion. Smartpipe® is non-corroding and will alert the operator to the fact someone is approaching their pipeline.
1) DETECT & PREVENT LEAKAGE
2) KNOW WHEN THERE IS ACCIDENTAL DAMAGE
3) DETECT THEFT OF WATER OR OIL
ALONG SMARTPIPES ARE LININGS OF FIBER OPTIC CABLES THAT CAN BE VIEWD
MULTIPLE LOCATIONS COULD BE MONITORED BY COMPUTERS TO CHECK AND DOUBLE CHECK ON THESE SMARTPIPES AT ANY TIME
SUFFICE FOR NOW
KPS IS A GROWING COMPANY WITH VERY GREAT STRATEGIC INDUSTRIES
BUYING KPS WE GET SEVERAL WONDERFUL COMPANIES AT GREAT PRICES
MORE THAN THAT
THEY SAY, “YOU CAN EITHER HAVE THE CAKE OR EAT THE CAKE”
YOU CANNOT HAVE BOTH AT THE SAME TIME
IN KPS WE HAVE BOTH LITERALLY
WE HAVE THE CAKE AND WE CAN ALSO EAT THE CAKE BECAUSE
WE HAVE GREAT GROWING COMPANIES
AND WE ARE GOING TO HAVE A VERY “SPECIAL DIVIDEND” VERY SOON!!
ALL THANKS TO PROACTIVE MANAGEMENT OF KPS. THEY GO NETHERLANDS TO SOURCE FOR SMARTPIPE TECHNOLOGY. THEY ALSO GO AS AFAR A FIELD TO USA AND SET UP MANUFACTURING FACTORY FOR KING KOIL MATRESS
THEY ARE REALLY SUPER CHARGED!!
NEXT LET US SEE SHARE PRICE OF KPS GETS SUPER CHARGED AS WELL!
MORE TO COME IN PART TWO
AT RM1.55 NOW CALVIN HAS A TARGET PRICE OF RM3.00 WHICH IS SLIGHTLY LESS THAN 100% UPSIDE
Calvin Tan Research
Please buy or sell after doing your own due diligence