WALAO, everyday hit lowest. i really no idea already on this stock. where is the bottom? this is just like Casino, oledi open "SMALL" for straight 30 rounds, u try Bet "BIG", it still open SMALL....@_@lll

this kind of free falling, i dont think 1.15 is bottom line... may drop further

walao, noon stop dropping, no support at all.

KNT LA if continue to drop like this...roger really need wait ur call.

WALAO....1.19...i just Q some at 1.20 and though wont kena today... suddenly kena and now 1.19..really falling knife..never ending droping

This counter drop like no tomorrow, never ending droping. but If kahleong is rite about the net cash, then can consider to go in again. But this time wait Roger Call to Buy.

roger, what is ur target price?

kahhoeng, can u elaborate some on the exdate and the entitlement date?

means to receive the dividend, someone need to have the share in the account on dec 4 and hold it until dec 8 izzit? dec 8 5pm? or morning oledi can sell?

puncak wb will definitely drop to 80+ cent in this few days, yet still got ppl buying. haha.,..very funny.

**Filidon - i will say it is 100% will deduct Rm1.00. If you do not believe, Please just call up your reminser or securities firm manager and ask!!! you no need to listen to us, just call and find out yourself!!!

YES, for sure will deduct RM1.00. i also know only after i bought the share, but i sold all my share after confirm it will deduct RM1. Pls consult your reminser to know more info on the RM1 deduction.

so means u guys actually know the price will adjust according to dividend ar? u should alert newbie like me. But when i ask my reminser that day when i buy, she told me she also duno, only after i bought the share then she consult her manager then get back to me say confirm will adjust.

at first i do not believe her and do some research on google and ask other securities firm people. Of all answer i get is still CONFIRM will adjust. So i no choice to sell all of it and suffer losses.

That time when heard the news of Rm1.00 dividend, i calculate is more than 30% return in JUST 1 MONTH!!! i even think of throw everything in and even borrow AHLONG and put that all in puncak. 30% in 1 month!!! if by annum, direct interest oledi 360% !!!!! where on earth u can find 360% annual return?? Last time when i buy wawasan 2020, only 6-7% u can see people Que till like crazy ppl to buy.

Sorry for long post. i though u guys duno about the dividend so just thinking wan alert u guys.

i also hope i was wrong. Pls call your reminser up and ask about the RM1.00. will it adjust in the price or not?

If your reminser doesnt know, ask them consult their superior or manager to get an answer.

my heart still pain on this puncak. one decision only make me lose so much.

KAHLEONG, RM1 is definitely a HUGE AND SIGNIFICANT amount, that is why i quickly shoot in 70Lots (70,000unit) at RM3.00 and RM2.98once i heard the news of special dividend of Rm1.00. But that time, no one even my reminser know how the RM1.00 will affect the price of share.

After i took a research on the dividend and consult some Senior manager from securities firm, the result that i get is the RM1.00 WILL CONFIRM adjust in the PRICE of the share.

Then for me, the RM1.00 is not significant oledi as it just deduct from the share price. so lets say before the ex-date, the price of puncak is RM2.85, then after dividend, it will adjust to RM1.85!!!!!
THEN WAT IS THE SIGNIFICANT IN THIS??????

if you wan to argue about how good or profitable this business is and can hold for long term. BUT THEY OLEDI SOLD OFF THEIR CORE BUSINESS!!!! means no profitable business in hand!!!

for my case, i sold off all my puncak after research on the dividend at RM2.88 and 2.89.

Actually i agree with roger on this. U all think the company get the dividend from where? thin air?

* current pricing of a share is evaluate base on its current assets, business, cash, etc etc. when the company give RM1.00 dividend, where is the money come from? from it's company CASH!! means the company value will drop RM1.00 AND THE SHARE WILL ADJUST ACCORDINGLY ALSO!!!
( if you not convinced with me, please do some research on the special dividend on google or ask some share expert)

* PLUS in this case, the reason becoz Puncak is giving big dividend is becoz he sell his CORE BUSINESS ( GOLDEN GOOSE) . when this business is sold, what is left for this company? Yes, we kanot argue they still hold alot cash that can invest in another new business, but if this is the case, means PUNCAK is same with SONA also.

some question arise also
1. if they invest in new business, will the new business same profitable as previous?
2. if the new business is O&g, which i think they lack of experience ( they make huge losess in 6 mths) will the share price drop further?

RULE OF BUSINESS
ALWAYS REMEMBER " ONLY money in your pocket is HOT". any uncertainty or future prediction dont count!!!

some of you that are still excited on the 33% interest in 1 month time. Just think for yourself. who has most cash in this country? of course EPF, fund manager and etc. If a company can give more than 30% return in less than a month, u think them wont SAPU all the share in public?

i duno why all of you guys are so excited with the RM1.00 special dividend? Please GOOGLE " Special Dividend" and read for yourself.

The price will be adjusted accodingly to the share price when the date of dividend.

** example: price of Puncak before dividend is RM 2.85. means after dividend RM1.00 it will adjust to Rm1.85. just transfer from right hand to left hand. what is so big deal here?

Investors might be tempted to trade around, or “capture,” special dividends to take advantage of the high yields. However, the stock exchanges set complicated dividend dates in order to prevent traders from trying to take advantage of the dividend system. And as with all dividend payouts, the stock price will be negatively adjusted on the ex-dividend date to reflect the upcoming payout. Special dividends are strictly to reward long-term shareholders.

http://www.dividend.com/dividend-education/special-dividends-everything-investors-need-to-know/