It's a very small profit for a contract concession for constructing Uitm...worth 600 million on ma.... worth or not worth not because of talk talk...people know how to evaluate the price themselve lor....not through tailing sifu...
stockraider Just a small concession from UITM...very small profit loh....!! Not worth this type of price, thats why tabung haji agst Triplc loh..!! 07/12/2016 16:17
Yeah... plenty of cash but minority may not able to enjoy the cash in the form of dividend other than watching it depleting to acquire new business venture...
You get a listed PEB with sole asset in the form of cash of RM 210m..... a smaller mirror image of Puncak now... will market fully value you... or just like Puncak now?
I will vote No for the deal as it is too cheap to dispose to Puncak.. Triplc don't have to sell at such price as Puncak is desperately needed a profitable business to support its sky high operation costs....Price at least 3.5 per share la...
Z1P2 construction cost approx. 270m, guaranteed 42mil availability charges per year for 20 years
Z1P3 construction cost approx. 599m, guaranteed availability charges ???? per year (not disclosed for reasons you and I and tongkat's know...) for 22 years
Raider...Is it the grapes too sour and stuck at your throat. Don't simply make a comparison with Puncak before you dig more detail of Triplc....
Triplc will dispose its entire assets and business to Puncak so basically the fixed costs for the operation is minimal other than director remuneration of RM 2.6 million per annual.
What happen to Puncak? Director fees is about RM 17 million per annual...suffered losses from the disposal of China water assets RM 21 million...peanut business in water, construction and O & G could post more losses...so how to compare with Triplc??? Don't be always I think la....
Posted by stockraider > Dec 17, 2016 09:31 AM | Report Abuse
Raider says Existing shareholder Triplc will get roughly Rm 3.00 per share for a new listed company cash shell company loh...!!
The cash of the shell listed PEB is still control by Puncak & Rozali mah.....!!
Same case as Puncak net cash per share Rm 2.50 Now new listed PEB got net cash shell of Rm 3.00 per share.
Raider think Rozali will play the same trick as puncak earlier offer a dividend of Rm 1.00 to Triplc or the new listed PEB shareholder loh...!!
UP DOWN....PLS REFER TO THE NEW LISTED COMPANY...U GET MAH....!! U ARE AGAIN SUBJECT TO THE MERCY OF ROZALI....HOW MUCH HE WISH TO PAY U LOH....!! RAIDER SAYS DIV OF RM 1.00....BUT ROZALI MAY ONLY DISTRIBUTE RM 0.20 OR RM 1.50.....PER SHARE....NO ONE KNOW YET MAH....!!
SO TRIPLC SHAREHOLDER MAY BE IN THE SAME BOAT AS PUNCAK LOH....!!
THE ONLY SOLUTION FOR TRIPLC SHAREHOLDER IS TO REJECT THE DEAL SINCE ROZALI CANNOT VOTE LOH....!!
BUT THEN ROZALI, MAY HAVE PLACED OUT SOME SHARES TO HIS CRONIES, THESE SHARE CAN VOTE MAH...!!
BUT ON POSITIVE SIDE...TRIPLC WILL BE ONLY WORTH RM 1.00...IF NOT BCOS OF PUNCAK OFFER OF RM 3.00....BUT THEN THIS CASH OFFER CAN SEE BUT CANNOT TOUCH BY MINORITY SHAREHOLDER MAH...!!
I THINK RISK ADVERSE INVESTOR...SHOULD NOT EVEN WAIT...JUST SELL AT THE EXISTING SHARE PRICE MAH....B4 TOO LATE LOH...!!
actually we all don't know what is in Rozali hide inside his sleeves... merely guessing.... A company being having RM 3 per share does not mean minority will get RM 3..... same as puncak... puncak got cash level 2.50 + other assets... does not mean now the share price is RM 2.50 or more.... right? The money is still in the company's bank....
You repeat your kid stuff research and insists Triplc is valued 1.00....Simply pluck a figure to make people laughing. You are a sifu man....why so sour grapes for Triplc?
We don't know how much Rozali would distribute cash dividends. But at least we know the fixed costs of the operation is minimal and NIL of peatnut business to create funny funny things like what had happened in Puncak.
Don't argue so much la...best conclusion is Puncak and Triplc to take over all red chips in Bursa....Shareholders of Puncak and Triplc should run for life....
Posted by Up_down > Dec 17, 2016 10:30 AM | Report Abuse
Yeah...facts of I THINK Puncak and Triplc to buy over all red chips. No hope for both companies loh.... !
THE GOOD THING IS ROZALI OWN MORE THAN 40% OF PUNCAK AND TABUNG HAJI 11% ,THUS WOULD NOT SIMPLY BUY ANYTHING STUPID, UNLESS BENEFIT PUNCAK OR ROZALI LOH....!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stockraider
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Posted by stockraider > 2016-12-07 16:17 | Report Abuse
Just a small concession from UITM...very small profit loh....!!
Not worth this type of price, thats why tabung haji agst Triplc loh..!!