it's always like that : low can get lower; cheap can get cheaper .... so scary ! it was the same with FGV when it fell below IPO price and even drop further to below RM 4.00, RM 3.00 .... horrors of all horrors below RM 2.00 !!! and now ? struggling around RM 1.50 .... hard to say for sure where it will be going forward

why would Aabar not subscribe for the rights ? where did you hear this ??

pisang, no offence meant - was just trying to make light of your punishment offer. I am sorry. Your comments have always been very useful in this forum and I should not have made light of your "mark my words"..... please excuse this young naïve young boy :)

Ah Hua, you waiting for flower to drop ? 158 still watching ?? then, what price you say lah is considered better timing ??? I masoke in already at 1.60 :)

pisang, serious one or not ? if anytime within 5 years from now and I still quote "holding, not willing to cut loss, are grumbling, groaning and mourning" --- can punish you ? I come and cut of your most precious part i.e your pisang ? ..... make goreng pisang can ? ha ha ha you are a funny guy :)

hng33, can you please share what signal you are specifically waiting for ? As for me , I will wait for the major markets to stabilize i.e stop freefalling !

DJ drop so much on Friday - all markets will follow on Monday

no hope lah .......

140

red eagle, why will down huh ? can share

already dropped below 8 already - it was RM7.88 just few days ago ... got buy or not ?

hanting999, no good lah your advice to do nothing is so silly ! FLINV, for OSK I suggest you vote yes at the egm on 6 July; as for PJD, no need to do anything if you are happy with its performance. .

ask next door neighbor why Singapore Airlines can do it, and do it so well ???

The older you are, the more you must ensure credibility - look at the ongoing spat between Najib and Mahathir and you will understand why credibility .......... who will believe you, what you say anymore ?

davidkkw79, please don't anyhow say ........ MBSB is not a commercial bank, how can it got related to 1MDB debt ???

yes, yes I also think not so appropriate to say one thing and do another ! a bit shameful perhaps ....

Hantin999, this is now no longer a question of "If" but more a question of "When". These multiple proposals are fairly straightforward, more of a domestic matter actually but alas ! procedures have to followed , hence this rather long wait for SC and BSM approval. As for the subsequent approval by OSK's own shareholders (less Tan Sri OLH and PACs) it is a moot point as there is no logical reason for OSK's shareholders to not approve such a sweet and beneficial value accreting move which will be good not just for OSK as a property company but also for all it's shareholders. Patience lah !

It is a no brainer that injecting OSKProp and PJDev into OSKHoldings is in the long term interest of all shareholders. Question is whether any spanners will be thrown into this straightforward positive and prudent step initiated by OLH ......... let's wait and see, patience is key here !

Gheekong, as of 27 Feb 2015 OSK reported its quarterly and said still pending approval from relevant authorities; meantime, nothing OSK can do..... patience, patience, patience ...

@hng33, I believe you truly have noble intentions in your postings in this forum and I am sure you will be rewarded richly in due course :)

In short, it is their perception that Mr KoonYY instead of being noble and acting with kind intentions was actually the opposite i.e with malicious intent to make them buy while he or his PACs (parties-acting-in-concert) are lining up to sell. Based on what I have read so far, I conclude that their perception is not without merit. Is it all right to say to these people who have lost some money because of the heavy duty promotions made that they deserve it for not doing their own homework and for not realizing the stock market is treacherous, is a zero-sum game (which it is not) ........... ?

@soojinhou and others like-minded, I think most of the disgruntled and unhappy comments made by these losers from your so called "mommy's kindergarten" arises because Mr KoonYY DID NOT clarify clearly once and for all that as soon as he made those heavy-duty promotional postings of a stock, whether it is JTiasa, Mudajaya etc etc that it was his intention to sell as soon as he made the postings or as soon as the stock rises another say 20% from his promotional start price. Is that all right ? Who is to say ?

hng33, thank you very much - I am consoled :) do have a relaxing and enjoyable long weekend holidays and let's see what happens on Wed onwards when the market reopens !

where is the doctor ? I am feeling nauseous looking at the puncak price ..... Dr Hng33 please come to give a small injection here .

Calvin, where FGV still got : "Cash position of over rm1.30 will also be a cushion... " ? Do you know how much cash they have used since IPO to buy this and buy that ? Cannot anyhow hantum, you can cause harm if it turns out to be untrue that they still got cash of over rm 1.30 cushion ! Please correct the numbers, if it is indeed wrong .... I know FGV made a loss in the last quarterly report.

referring to the mega bank merger.

It's been officially announced on Bursa website : the parties to the Proposed Merger are still in discussions.

It's official : the parties to the Proposed Merger are still in discussions

It's official : the parties to the Proposed Merger are still in discussions

@hwangte, thank you for highlighting that "the parties to the Proposed Merger are still in discussions". So, it is still on the table. Period.

sorry guys, was in a rush and typo errors - last sentence should read ".... even if you were among the few blur blur accepted the take-over price at that time of RM 1.68, you would have got "refunded" as after the expiry date of 20 Aug 2013 the level of acceptance was pitifully low ...."

ha ha ha , easier said than done - I always panic and I always fear this cheap can get cheaper syndrome ! don't anyhow shout 1.50 achievable - this level can cause heart attack !

Hi SinGor, in the case of OSKP there will be a mandatory takeover offer by OSK for the remaining 26.4% shares not in OSK's hand. Again you have a choice still and can choose "not to accept". It is not a foregone conclusion that OSKP will be delisted; it depends and we'll have to wait and see the level of acceptance. The PJD case is slightly different - I think it will be just a wayang wayang show just to satisfy the Rules; and the voluntary take over of the remaining 68.3% will not succeed at all ! not even one share of the 68.3% will cross over to OSK ..... the exercise will be reminiscent of the voluntary take over exercise by OSK EQUITY HOLDINGS ( in July/August 2013) - even if you are among the few blur blur accept te take over price at that time of RM1.68, you will get rrundd as ater the expiry dae of 20 Aug 2013 the level of acceptance is pitifully low .....

I agree with hwangte - whyI won't sell mine at a loss if it really dip below 2.00 ; it's too late to cut loss since the bad news has leaked out !

@hanting999 again :) please allow me to repeat what other forumers have said several times elsewhere in this thread - this OSK/OSKP/PJD is NOT a merger, and neither is it a takeover; in fact it is just an offer by OLH and his PACs to sell their holdings in OSKP and PJD to OSK ...... no more, no less. Whether their transacted prices i.e RM 2.00 and RM 1.60 is favorable to those other existing shareholders of OSKP and PJD is a moot point as they are not involved at all ! Frankly, why cry father and cry mother over the price transacted in the above "sale of shares" by OLH ?

@hanting999, hold your horses ! The OSK/OSKP/PJD is a different thing altogether from the complex CIMB/RHBC/MBSB merger. This is a simple case as ONLY the minority shareholders (less OLH and PACs) of OSK can scuttle the deal and I believe these shareholders of OSK are not stupid nor naive and will certainly vote in favour, in fact no doubt about it - it's such a sweet deal !

why would "big" sellers sell to you at 2.21 knowing full well that they would have gotten 2.85 from CIMB takeover soon ? again and again , this 2.85 offer it's too good to be true !

every share sold must have a buyer - I wonder who are the buyers then ? It can't be you and me the small time retailers buy a few lots already macham big deal ...

@hwangte, it is too good to be true .........then, why would the sellers be selling now ?

@LIMAYSENG, why would EPF and KWP throw at any price just because they still have millions of shares in hand UNLESS they know something real bad is about to happen or is already happening ?

@abcb, you mean their derivative losses are even worse not yet reported ? how do you know ???

macham 1 2 punchek :)

@gnailmihk can you post those figures for all to see ? thanks

whoa hng33, bravo ! you put your money where your mouth is - my admiration ! I hope everything will turn out well for all of us, finally :)

@kahhoeng, who are these crocs - thankful we still have them, otherwise with no one with the "stomach" of crocs except us retailers to buy the price of Puncak would be even worse ! Thank you crocs , you wily creatures :) every share sold must have a buyer - who is selling, who's been selling then ???

cheap become cheaper, cheaper become even cheaper ......... when will this vicious cycle turn for the better ? I thought 2.40 is crazy, now it has even crashed through - when is this bleeding going to stop ??? Mind you, it is not just Puncak - almost every other counter however blue, howver good it's FA is also dropping like ten-pins - so, I'll just sit tight , no more money to buy any more; even if got money, no more guts to buy any more of this Puncak, puncek !

@hng33 and kahhoeng, thank you for the detailed workout -very much appreciated by all in this thread I am sure of that ! Have a nice weekend :)

@hng33 & kahhoeng, many thanks once again to the both of you for your factual analysis - let's wait and see how and when Puncek will break this "deafening silence" :)

1.90 ? that sounds crazy given all the fundamentals enumerated by our fellow forumers here on its cash and assets, including the signed SPA for which hng33 has correctly pointed out is legally binding. Normally, by now the substantial shareholders and/or company share buyback should come into action - but so far, all quiet. Question then is who are the sellers and conversely who are the buyers since for every share sold there must be a buyer to complete the transaction..... I am vested since 3.00 and my greatest fear now is the "quietness" of it all ! Could this be the proverbial calm before the storm ?

thanks everyone for sharing the good (front) side of Puncak; anyone got anything bad (backside) of Puncak which we so far cannot see or hear about ? Please do share share if got :) I'm still holding on with big paper loss as well as a bit loss of confidence these few days .... sigh sob sob :(