hng333 u have done good job, even kenaga agree with u now!! but they r way too slow man!!

lai63, if thst happens I ll borrow n buy all wb at 1.55, top up 1 dollar convert to mother then sell at 3.50, pocket 1 dollar gain!! easy money isnt it?

foloow bro hng33 today. if I dony do enough research, follow he wo does!!

wise n rational hng33. neec yr view, if 2.30 didnt invest all capital, foes it make sense to buy now since it is already on uptrend n trading 40sen higher?

now jist sit back relax, wait for 4.50. jolie will show up soon

hng33, I m with u!

mat cendana, I m with u. would love read more of yr posts

halo, leave God alone in our investment discussion n disagreements pls. I m also a chtistian but don't think God is involved here.

hahaha, hng33 don't teach jolie, he got stuck in kps 1.94, bcos he refused to listen!

hahaha sunztzhe...

hng33, no point referring to malaysiatoday, rpk's brother is given key position in state body like mbi n kdeb, kps. his brother has made million from kps esos. rpk is in a way interested party, it is no doubt he will support mb to stay.

this mb is useless n we know from the way he handles water takeover offer. he never follows water valuation by professional but his own method which is based on his own principle of fair returns to shareholders. his first offset back in 2008 was only 5bill compared to the recent offer of 9.65bill. he wants to show he bargains hard for rakyat but the truth is he is a lousy fellow, don't do homework well. he also said state got enough water till 2019, n why is he pumping water from mines until all dried up now?? he has bn a lier n he is now lying to sultan n all rakyat!

well said! kahheong

bad for gamuda, good for the puncak n syabas!

upsidedown119, agreed fully with u again. no way there is snap election cos bn still can't win. best game plan for bn is to keep Khalid as mb n make him do what they want. this way is straightforward n sure win compare to snap election.

Khalid had done nothing except harping on the price based on his own formula. is he good mb because he wants to buy at low price? or is he a lousy one because he has never resolved any problem? now even raw water is not enough, is he going to eat his word that selangor has enough water until 2019?

agreed with u upsidedown119. what is important is how this impact our investments. btw, hng33, u seem to think that whoever makes the lowest offer is the more righteous, why is that so? where is the basis in the first place, market valuation? about the land deal, what is term n conditions? we must know first before making assumption whoever can block the subsale to ecoworld is the most noble, again, why do u think so?

these investment bankers r not much smarter than ppl here in this forum actually. remember that I reiterated many times court case n tariff won't be or shouldn't be in the picture, why it took so long for them especially amresearch to realise?.? I agree with u hng33, the sop value is 7.20

crownford, it is not difficult to get rm8. just imagine co like sona can attract interest of investors bcos of oil n gas play, what more puncak, a co already in the oil n gas field plus rm2 billion cash to invest!

hold till 4.50, then assess again

my feeling is this will go 4.50 before egm

remember I posted before the important n relevant point ito put in offer by kdeb is how much for the 100% n 70% shares in pnsb n syabas held by puncak, it is not relevant to discuss about the receivables or tariff compensation. why it takes so long for mb n his team to get it right!

they should since the jokers expert in kdeb cannot even advise MB who is kdeb chairman about the water shortagea and therefore fail to take ant precaution measures to avoid the water rationing.

once the impact and earnings are explained in the circulars, there is no way to catch the bullet train already

rozali969, investeye, I think yr calculation is wrong. based on take over price, the cash per puncak share is 3.80. plus o n g, tp should be 5.00

Dream on, crawler. Wiwang behind news is better than getting wrong news. Khalid already said a new spv under kdeb will be set up to run consolidated water biz n all rakyat selangor will be given one share each. Water is not to be run btw listed co bcos it is not profit oriented.

Khalid shld be sacked asap!

Hng33, tq for sharing, very encouraging info!

Hng33, think u r right, the bullet train is taking off!

Khalid is practising robinhood style, steal from the rich to help the poor but he forgets that he is too rich to become robinhood

Jolie angelina2 always talk rubbish. Why never praise karpal when he is alive? This kind of people always react a little too late. Same for puncak here, jolie angelina2 is going say good thing when the price moving up.

Agreed with u guys except jolle angelina2! Mb now acknowledge there is water shortage n start to explore L2, horas etc but why has he not been doing anything since 2008? Kdeb has water experts, he has also state economic planning unit to advise him, who is the fool here who has not bn doing their job n put us in this water misery now??

Hng33, tks for the info!

He said he was a good lecturer n there were 20, 000 plantation staff reporting to him when he helmed Guthrieie. Still not good?

Neither is he an acute businessman, he Is just a manager with good paper qualification

Hng33, to add to what u highlighted, mb wasted the first few years with offer of 5 billion only based on his smart calculation!

Since pkr agree the valuation is unrealistic, they should sack Khalid as mb for wasting 5 years n is the culprit of water shortage now

We must understand the cost of L2 is not to be borne by consumers entirely cos we have paid taxes. Water tariff increase is expected just like any other thing but it must reasonable n the scale rates should make the rich with swimming pool, big garden, big garage to pay more. Khalids free water is stupid.

Moving big time. Puncak owns 70% in syabas n syabas is the crown.

Still 30% n one more most important investor. Look carefully

Much more, just go check who the substantial shareholders are

Upsidedown119, u r absolutely right about both Khalid n angelina2! The most stupid financial man is one who shout about money in the bank is increasing, when the fact is he just defer payments for expenses n capex. Likewise, a lousy investor is one who cannot accept different opinion simply bcos he has bought at high price

Upsidedown119, agreed with u. This Khalid rejected L2 for last few yrs insisting that 2014 still enough water, now slap his own face when push for Horas. Shouldn't have done it 5 years ago instead of all nonsense membrane technology, water from perak, underground water project with time Darby etc

Sth is coming

He has bn talking since last Oct, misleading investors with statement like drafting agreement in Nov, closing deal by 31 Dec etc etc

http://www.themalaysianinsider.com/business/article/selangor-needs-commercial-approach-to-solve-water-firms-buyout-says-researc

When directors start selling always bad sign

No worry flappybird. TH is a fund. It can't keep buying, it must trade from time to time.

12% return on capital is judgemental. Consider two businessman do biz different way, one rely on own capital, another borrow heavily but say both are doing equally good now in terms of every aspect, so based on Kali formula, the second one will get far less than the first one! The question is - is this method reasonable?

The issue of fair price should have bn simple as PAAb has set precedence in taking over water assets in other states namely one time book value but the smartest man Kali want to use his invented formula which gives 12% onccapital invested.