Posted by chonghai > 2016-11-10 13:36 | Report Abuse

Only 1 more week. I think definitely delay again another 3 months.
Deal maker can go for Christmas and Chinese New Year already. Come back again in FEB 2017.

Posted by jc5360 > 2016-11-10 14:49 | Report Abuse

sad die +1

Posted by TheRock > 2016-11-11 21:41 | Report Abuse

sad 9 die!

Posted by hng33 > 2016-11-15 10:03 | Report Abuse

bought more triplc at 1.60

Posted by hng33 > 2016-11-15 10:17 | Report Abuse

counting down time now..............D-day is very near now :D)

Posted by Ckk2266 > 2016-11-15 10:55 | Report Abuse

2 more days

Posted by hng33 > 2016-11-15 11:12 | Report Abuse

I think the announcement will be make before due date, likely today or tomorrow

Posted by little_snake > 2016-11-15 11:44 | Report Abuse

last time is 1 day earlier before expiry date... so i would expect it announce tomorrow.

Posted by jc5360 > 2016-11-15 20:33 | Report Abuse

don't expect too much...... look at the volume probably will announce further delay

Posted by r°Moi > 2016-11-16 08:43 | Report Abuse

No request for suspension... for material announcement?

Posted by Ckk2266 > 2016-11-16 09:35 | Report Abuse

Afternoon

Posted by TheRock > 2016-11-16 09:42 | Report Abuse

What will happen next? D-Day!!! Laugh 9 die me or Sad 9 lan heart!

Posted by hng33 > 2016-11-16 13:56 | Report Abuse

According to company secretary, the announcement will be make tomorrow

Remark: Average cost holding at 1.675.

Posted by TheRock > 2016-11-16 14:23 | Report Abuse

me avg 1.80.. HKC lo...

Posted by deric123 > 2016-11-16 14:57 | Report Abuse

a positive announcement?

Posted by little_snake > 2016-11-16 15:20 | Report Abuse

yours cost so high LOL

Posted by TheRock > 2016-11-16 15:57 | Report Abuse

@snake pls dun laugh 9 me, I chase the price like climb ladder from 1.40 to 2.1

Posted by hng33 > 2016-11-16 16:05 | Report Abuse

According to Triplc, company secretary Miss Cheng, the HOA between Puncak and triplc deal is ongoing, but whether it can conclude by tomorrow due date or extend again, she cannot tell, only ask to wait for tomorrow announcement

Posted by deric123 > 2016-11-16 16:17 | Report Abuse

means delay liao

Posted by skybird > 2016-11-16 16:28 | Report Abuse

be patience, just another 12 hours

Posted by deric123 > 2016-11-16 16:39 | Report Abuse

lets all pray hard fir miracle tmrw and everyone can have a good year end celebration

Posted by deric123 > 2016-11-16 16:39 | Report Abuse

*for

Posted by little_snake > 2016-11-16 17:15 | Report Abuse

miracle = delay, price gonna fall again. kikiki

Posted by rogers123 > 2016-11-16 18:00 | Report Abuse

The deal will delay for another 3 months

Posted by Up_down > 2016-11-16 18:20 | Report Abuse

Good news!. Triplc will start the construction of Teaching Hospital and Medical Academic Centre in Universiti Teknologi MARA, Puncak Alam Campus, Selangor Darul soon.

Proposed issuance of Senior Sukuk Murabahah of up to RM639.0 million in nominal value based on the Shariah principle of Murabahah (via Tawarruq arrangement) ("Senior Sukuk Murabahah")

Posted by r°Moi > 2016-11-17 08:49 | Report Abuse

The price shows... TRIplc Medicine has just taken a poison pill?

Posted by r°Moi > 2016-11-17 08:52 | Report Abuse

Think.. can rule out selling TRIplc Medicine itself to Puncak... not?

Posted by r°Moi > 2016-11-17 08:53 | Report Abuse

Anyway... be calm.. stay cool... these are just questions...

Posted by Jay > 2016-11-17 09:39 | Report Abuse

the price volume does seem to show that most likely the deal will be delayed.

the issuance of sukuk is a good news because that means they are probably going to start construction in 3-6 months time. the contract will be highly positive for the net profit despite high interest cost thanks to recognition of interest income element from the concession. once construction kicks in, earnings will shoot up for the next 3 years

Posted by Ckk2266 > 2016-11-17 10:16 | Report Abuse

My preference is call off the deal let Triplc exclusively enjoy concession's good earning

Posted by Ckk2266 > 2016-11-17 10:52 | Report Abuse

Was wondering why Central Plus disposed Triplc at this timing...something is brewing?

Posted by hng33 > 2016-11-17 11:26 | Report Abuse

Central plus is one of company control by Rozali. He have actively transfer his ownership to his son, brother and family member, including Puncak stake also.

It is estimate, triplc effective is control by Rozali as much as 41% instead of on paper 17%, through combination stake of his proxy, son and brother and other family member

Posted by valuelurker > 2016-11-17 11:43 | Report Abuse

Jay in part 1, under your DCF table you computed the Interest payments on the RM275m bond ($240m + $35m)

The first three years was 3% on the 240m senior = $7.2m

However year 4 ($15.45m) and onwards, how did you calculate and/or where did you obtain the bond schedule

Posted by hng33 > 2016-11-17 12:10 | Report Abuse

The bond repayment + interest is RM 13.5m, but next year the bond repayment obligation is RM 35.6m. All these bond repayment for its senior MTN is supported by payout UITM to triplc, payable in the form of rowed annual available charge RM 42.5m + variable maintenance charge. The concenssion over entire 20 year maintenance phase is expected to generate, on average, annual free cash flow of RM54.3 million throughout the MTN tenure.

Posted by Jay > 2016-11-17 12:29 | Report Abuse

central plus didn't dispose any shares. if you look at the previous annual report they own the same 4.9% stake but was listed as substantial shareholder. I think now they realise actually central plus technically is not a substantial shareholder because rozali's interest includes central plus but central plus interest doesn't include rozali. so with less than 5%, it is actually wrong to list central plus as one of the sub. shareholder

Posted by Jay > 2016-11-17 12:32 | Report Abuse

@valuelurker the interest and repayment schedule is in the notes of the annual report

Posted by valuelurker > 2016-11-17 14:06 | Report Abuse

@hng33 Im assuming your annual fcf 54.3mil figure is pre-debt and pre-tax

Posted by hng33 > 2016-11-17 14:19 | Report Abuse

valuelurker

Yes, of course. These annual cash inflow will use to repay back MTN to gradually pare down these bond (total bond RM 240m) + interest, at the same time gradually increasing cash over the entire 20 concession. the longer it go, the lower debt burden, lower interest charge, the longer it go, the higher it retain cash.

In addition, the current going to be kick start BOT under FPI worth RM599m have even longer tenure of concession, total 25 year steady cash inflow

Posted by deric123 > 2016-11-17 14:22 | Report Abuse

still no announcement?

Posted by hng33 > 2016-11-17 14:28 | Report Abuse

after 5pm.

Posted by hng33 > 2016-11-17 14:29 | Report Abuse

I expect it could be delay by another 30 day for both party to reach SPA.

Posted by skybird > 2016-11-17 15:43 | Report Abuse

maybe scrapped it

Posted by Jay > 2016-11-17 17:37 | Report Abuse

delayed 3 months again. don't know what puncak is playing, maybe want to wait until new project recognised only acquire?

Posted by Ckk2266 > 2016-11-17 17:41 | Report Abuse

Marathon HOA

Posted by little_snake > 2016-11-17 17:50 | Report Abuse

holland HOA

Posted by Up_down > 2016-11-17 18:05 | Report Abuse

It's much easier to evaluate the price of Teaching Hospital contract once the project kick off. Price of Triplc would be lower if the contract is sold to Puncak now as extra risks needed to take into account.

Posted by TheRock > 2016-11-17 20:50 | Report Abuse

MCB...mau gap down tomorrow???

Posted by greatful > 2016-11-17 21:06 | Report Abuse

apa ini buat dengan puncak? Puncak jual kepada dia? macam gamuda tunggu puncak jua? ada siapa kaunter lagi tunggu puncak jual?

Posted by rogers123 > 2016-11-17 22:51 | Report Abuse

rogers123: Hng: price will tell u whether it can be concluded or not. The price shown, it wont conclude.. extend another 3 months. Let see
16/11/2016 17:55

Posted by rogers123 > 2016-11-17 22:51 | Report Abuse

Hng: one month???