And cao cao is no Puncak 'specialist'. In fact there are no Puncak 'specialists' here at all. If cao cao had claimed to be a Puncak 'specialist', then he is nothing but a .....!!

Then he shouldn't be calling any forumers' names when he do not like a comment. He should not behave like a BTs!! I also do not like what he did and say when Puncak price was down. But I did not insult and call him names then.

@skng74 & cao cao. Why don't you get out of this forum if you don't like 'crap'?!! Instead of being BTs!! Everyone have the right to discuss and give opinions without being insulted!!

sin ka lan is not canto. It is hokkien.

Also many BTs here!

It seems that they are going to disqualify ungwah over S2. But Chew will still not win as PR will likely register a substitute candidate on nomination day. However, even kali will likely not remain as MB. If ungwah is disqualified, I suspect the substitute candidate (Azizah or Izzah?!) will become MB.

The father is the Hevea directors. So long as they do not sell the mother, it will be OK!

This is what they say.

If son is trapped, the mother will be trapped first. Mother always lead son, finally.

The son also rises with the mother.

angelina is correct. Cost of EPF's share holdings is the WEIGHTED average cost of all their purchases of that share. So if their last purchase is say, RM3.5/share, it does not mean that their cost is RN3.5. It may just increase their weighted average cost per share by say 10 sens to RM2.5/share! So if they sell at RM3.3/share, they are still making a realised profit of 80 sen per share!

Yeah, I think so. Otherwise, all his bets are off.

Kali just promised full disclosure of the MOU in a week's time. In a week's time, the permit for Langat2 to proceed would have already been given i.e. the disclosure would be too late for opponents to stop the deal.

@stkoay. Look at the warrant..going down. Son leading the mother down? So long as no concrete clarification from KSL management whether poor results will be repeated next, quarter, price will dip..! Good assets do not compensate for a management in which investors have lost a certain amount of faith.. a management which has lost some credibility and perceived to be a bit dodgy.

Please keep our eyes on the ball - the RM9.65B is the baseline. Sell-down already begun with the son?

Also, don't forget: that Engtex shot up is sign that deal is on. All signs point north for Puncak. But I expect a sell-down prior to shooting up. This is to ensure that some parties can still get in and scare retail investors to sell out as much as possible. Buy opps at the possible sell-down!

Engtex,JAKS, etc will likely get share as sub-contractor. Remmeber, Puncak also has piping expertise. Puncak and Gamuda will likely be main contractors, otherwise how to persuade especially Puncak, which is linked to angno, to accept? Also Gamuda is linked to Perak and Perak govt has a majority of one in the state assembly.

So still time to ride the tiger, anyone?

It's only a MOU. There is a chance that fed gets Langat2 and LRAL2 approved and play out kali (he already settled his debts) by not taking over water concessionaires and transferring to Selangor. In this unlikely scenario, Puncak and Gamuda may still get a juicy slice of Langat2 and LRAL2. Since deadline for ALL necessary approvals is 25th Mar i.e. 2 days after Kajang, kali will have to work doubly fast!

However scenario is unlikely because, after kajang, ungwah may still be able to stop the project by retracting the approvals and fighting the fed in the courts which will delay the project to the costs of all concerned, especially the $$$backers on both sides. So unlikely fed will play out kali.

But I think ungwah interest is to ensure 'kau sui' for all, especially his $$$backers. Conclusion: the outlook for the takeover and top-up is positive.

I am a shorttermer. Long term, are are all facing our Creator - Keynes.

ASB is Amanah Saham Bumiputra, the unit trust fund for Bumiputras only. For those who are not local, Bumiputras are 'sons of the soil' referring to the Malays, the aborigines or orang asli of Peninsula Malaysia and the natives of Sabah and Sarawak. Bumiputras form the political bed-rock of support of the fed.

Sandiwara. Follow ASB because if they lose money, big trouble for Fed! EPF not so big trouble.

Just my feeling, otherwise it won't creep up. Price did not dip below RM3.30. Also KPS experienced two purchase totaling 390K shares at RM1.91 per share.

Something's happening. If Puncak breaches RM3.5 this time, it may stay above that for some time.

Yeah, now is as good a time as any to place bets.

http://www.freemalaysiatoday.com/category/nation/2014/03/03/only-langat-2-legally-binding-in-mou/

In the ninth paragraph of the article, according to Rafizi, the RM2B is offered by the Fed on top of the RM9.65B making the total take-over offer RM11.65B. Also Langat2 and LRAL2 is now under negotiation. I bet that both Puncak and Gamuda will get a sizable chunk of this RM8B project. Puncak may be the main contractor of LRAL2 (the piping system for water distribution) and Gamuda the main contractor for Langat 2 (the treatment plant).

That's where I figure the RM2B top up will go to. This plus juicy contracts in Langat2 and LRAL2 for both Puncak and Gamuda will seal the deal. But kali will have to act fast; the pressure and temperature on him is rising.

It's a very speculative stock; BUT we all know that the base-line is RM9.65B. So far, ALL media reports speculate on the higher price. I figure that I can only win if I hold!

But confidence in the management to keep KSL on even keel is shaken. Still no convincing explanation why the sharp rise in costs, expenses!

The signs point north. For me, it's just a matter of being patient.

The smoke will clear when Puncak accept or reject the offer and other info on the RM2b is available. Those who do trade now are doing on guesswork or insider info.

Contra players selling now.

I am holding too due to Puncak's good fundamentals. The last quarter results is not the future. It still manage a profit due to non-taxable items.

The privatisation/takeover laws are very weak. They allow controlling shareholders to avoid the compulsory offer at 10% above NTA by using capital reduction approach as in Perak Corp!

But will the market react and up SCABLE's share price? We shall see. If not, it will have to wait for the Balingian contract.

I think Puncak may peak after successful tender for Langat2 and LRAL2 - the pipeline distribution package!

@stkoay. Agree. BTW, I was not burnt by KSL - your stock recommendation. I saw from the charts that it had gone up almost to peak and waited for it to weaken. It did. It plunged!

Great possibility. The CEO of Puncak is well-linked politically!

At RM4.16, I switch to the horse for a scorching run forward to RM8/share?!

Good on you. But forget about the prostitutes for your health's sake! HaHaHa!

Same here. I hold both mother ans son. The Funds/big boys are buying if RM3.5 sellers are gone!

KSL will sink until the market is clearer as to what's wrong - why the sudden plunge in profitability as indicated by the increase in cost and expenses!

@Icon8888. You sure know a lot about prostitutes. The only ones I know are political ones!

Wait until the Funds/big boys come in. 500K shares just a small anack for these fat ones!

I like the way it's dancing up. Steadily, methodically! Two steps forward, one step backwards! Intelligently and without the crazy, irrational exuberance of past surges!

JTiasa seems like an old man stock - a bit of exertion and stamina's gone! But I have seen healthy old men running up the mountain with ease! Hope Koon is like these healthy old men!

It's clear enough for me all the way to the galloping HORSE!

Here comes the big push on the mother share. But is it the BIG BIG PUUSSHH?!

It's like what OTB said: Puncak is a beautiful maiden who sometimes say 'yes' and sometimes say 'no'. My bet is that the final answer is 'YES'! Faint hearts no win fair ladies!

Ride the tiger ... just for the fun...but try not to get eaten. One thing about Puncak - it's never boring, unlike oil palm plantation accounting!

Plus high possibility of Puncak getting a good slice of the RM8B Langat 2 project!