Posted by TA_trader > 2017-11-03 17:54 | Report Abuse

Im not expert. Im here to learn. But please stay relevant and dont talk crap.

Posted by rogers123 > 2017-11-06 11:15 | Report Abuse

Triplc keeps falling

Posted by rogers123 > 2017-11-06 14:20 | Report Abuse

Who chased who die

Posted by rogers123 > 2017-11-08 00:29 | Report Abuse

Where is the light? No voice? Where r the experts?

Posted by kongming1 > 2017-11-08 12:09 | Report Abuse

Rogers,U r the experts, we are not. :)
Pls drop to 2, pls.

Posted by TA_trader > 2017-11-08 20:45 | Report Abuse

u tell us rogers, what happend to your RM 2.40 price target forecast?

Posted by TA_trader > 2017-11-12 21:44 | Report Abuse

as expected, GE 14 in less than 180 days. ;)

Posted by rogers123 > 2017-11-14 00:07 | Report Abuse

Will touch 2.40

Posted by TA_trader > 2017-11-14 15:50 | Report Abuse

Was that a typo? Did u mean 3.40?

Posted by chonghai > 2017-11-14 17:37 | Report Abuse

No way Triplc will go 3.40

Posted by DK66 > 2017-11-14 18:41 | Report Abuse

Only if Puncak raise the offer price

Posted by TA_trader > 2017-11-14 19:34 | Report Abuse

Special divy lor....wont work meh?

Posted by kongming1 > 2017-11-14 23:27 | Report Abuse

if 3.4， rogers will reject the deal in puncak AGM, so, dont dream about it.

Posted by TA_trader > 2017-11-14 23:40 | Report Abuse

If reject deal, worse for rogers. Puncak's cash pile although significant, but burn rate also very high. How many quarters puncak minority shareholders wanna sit and pray without making any changes?

Posted by little_snake > 2017-11-15 11:52 | Report Abuse

if............. if i am billionaire... kikikiki...

Posted by rogers123 > 2017-11-15 12:30 | Report Abuse

aiyhooo. I only have 20k puncak. I am not even bothered about it

Posted by rogers123 > 2017-11-15 12:31 | Report Abuse

i am now concentrate on jtiasa n jaks n bjcorp. Bjcorp very fast return, already more than 25%

Posted by DK66 > 2017-11-17 19:09 | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=83340&name=EA_GA_ATTACHMENTS

Posted by PDTs > 2017-11-17 19:09 | Report Abuse

Special dividend rm1.95 la woohoo, told ya coming soon la, limit up monday woohoo!!!

Posted by DK66 > 2017-11-17 19:10 | Report Abuse

As I have said, huge special dividend is the only way to get the deal thru.....

Posted by r°Moi > 2017-11-17 19:35 | Report Abuse

Emm... not so good

Posted by taitaumau > 2017-11-17 19:59 | Report Abuse

Wow ! proposed distribution RM 1.95 per share, ung chi Li chee hai mai cha tou poa.
what say you

Posted by TA_trader > 2017-11-17 20:00 | Report Abuse

Rmoi why not good? Dividend also not good
Apa lai mau

Posted by TA_trader > 2017-11-17 20:11 | Report Abuse

Calling all experts!!! Pls share view!!! Where to sell??

Posted by TA_trader > 2017-11-17 21:11 | Report Abuse

Jay sifu, kindly share your thoughts on this please. Your advice is much appreciated.

Posted by Mags > 2017-11-17 22:52 |

Post removed.Why?

Posted by DK66 > 2017-11-17 23:21 | Report Abuse

TRIPLC will be left with just RM71m after dividend. Insignificant to acquire any business. Hence, likely to sell of the listing status (may worth RM20m) and distribute all the remaining funds within the permitted time frame (normally 1 year). Note that under PN16, 90% of the funds must be placed under trust.

Posted by TA_trader > 2017-11-17 23:48 | Report Abuse

So after this announcement can move higher? Any target price to suggest?

Posted by Jay > 2017-11-18 01:13 | Report Abuse

1. It's a sensible thing to distribute most of the proceeds back to shareholders. For new acquisitions, the company can always gear up or raise appropriate amount for it. If reverse takeover, will just issue shares, so the management did the right thing by not keeping too much cash around

2. As highlighted before, high dividend is the best chance that triplc shareholders will vote for the deal. Of course, no disposal then there won't be dividend. It's a package deal, you have to vote for both or otherwise, no cherry picking

3. People have been asking again whether the price is fair to triplc shareholders.If you refer to my earlier articles, it's clear that the deal significantly undervalues triplc concession and land. But Malaysian investors are very simplistic, they just want to look at PE, Now Z1P3 earnings kicking in, then people start to buy because of low PE. Before that, they just can't see the intrinsic value. So I don't expect investors to fully appreciate triplc, that's why in this case I'm leaning towards realising the investment at a reasonable (not full) and certain value rather than betting on our investors starting to understand concession biz

4. With this bumper dividend, I think there is a high chance that most shareholders will vote for the deal. Puncak approval is not a big obstacle considering they just need 50% approval and they are already getting a good deal (some stuck-up shareholders finally realise that after seeing triplc earnings). So come monday it makes no sense for the share price to continue trading at such huge discount (>25%) to the disposal price anymore. This would be the reward for patient triplc shareholders

Posted by TA_trader > 2017-11-18 01:40 | Report Abuse

Hi Jay, thank you for sharing your insight and sincerely appreciate your views. However, where should triplc minority shareholder look to TP? what level would you suggest?

Although 210 mio disposal price should translate to about rm 3.05 a share, but given that the special div is only approx rm 135 mio as compared to 210 mio, where do you think triplc will trade should all parties agree for the disposal to take place?

Posted by r°Moi > 2017-11-18 08:06 | Report Abuse

.



Mags


You MF



Go stick your soft small and tiny.... into your mommy



Your MF



.

Posted by kennyku > 2017-11-18 08:56 | Report Abuse

Dividen gv rm 1900 per share?

Posted by firehawk > 2017-11-18 09:13 | Report Abuse

pls lah! hv a little sense of resource saving ... occupy so much space to put up this type of nonsense!

Posted by r°Moi > 2017-11-18 13:17 | Report Abuse

.


Emm... not so good



For short term share price


Say not longer... just 9 months only... get 1.9+ special divvy



Special divvy.......... just 1.9+ only


Short term Monday share price...


Say... 2.50 Monday price... would you buy?

Say... 2.40 Monday price... would you buy?

Say... 2.30 Monday price... would you buy?

Say... 2.20 Monday price... would you buy?

Say... 2.10 Monday price... would you buy?


This is talking fundamentally

Maybe...... can count on rosi?







Balance...

Not to say no opportunities

But also full of uncertainties

9 + 12 month wait.. lengthy

And rosi notorious for RPT

Rightly or wrongly





With this special divvy... rosi... RPT... looks likely




.

Posted by r°Moi > 2017-11-18 13:30 | Report Abuse

.


Ideally.... 2.80 2.90 big special divvy

Dont trust rosi... take out all the money

Too bad... only so much can be special divvy

But... this part is not the work of rosi


So..... maybe.........


.

Posted by r°Moi > 2017-11-18 13:32 | Report Abuse

If 2.80 special divvy... Monday price close to 2.80

Posted by DK66 > 2017-11-18 17:23 | Report Abuse

Any distribution beyond RM2 would involve capital repayment which requires high court approval.

Posted by chonghai > 2017-11-18 19:41 | Report Abuse

1.95 in cash, potentially another 1.00 after another year. Given Rozali's reputation, I would give the RM1.00 a discount, valuing it at 0.3.
That would put triplc at RM2.25

Posted by Jay > 2017-11-19 19:37 | Report Abuse

Triplc (or Pimpinan Ehsan) will be a PN16 company so this time round it's different from Puncak. Puncak got more cash from its disposal but only distribute RM1.00, Triplc distribute RM1.95 which is the max it can distribute with its current retained earnings, if not more approvals needed and delays. If you want to estimate how much the price should trade at, look at previous PN16 examples such as Tecnic or Abric (close to cash level after disposal completed)

Posted by TA_trader > 2017-11-19 21:36 | Report Abuse

So we should see triplc trade towards rm 3.05

Posted by Jay > 2017-11-20 08:54 | Report Abuse

that will be after disposal completed, now should still have some discount

Posted by Jay > 2017-11-20 08:57 | Report Abuse

but completion risk is minimal now, it would be more of waiting time. igb is also trading at a discount to goldis offer for this reason. triplc should trade closer to 2.70 now (10% discount for the wait)

Posted by Jay > 2017-11-20 09:10 | Report Abuse

many contra traders are eager to get off the ship. they will then come back when it's closer to ex date for dividend, typical

Posted by rogers123 > 2017-11-20 09:11 | Report Abuse

Aiks! Back to square one. Chance to buy. Hahhahaha

Posted by LogicTradingAnalysis > 2017-11-20 11:16 | Report Abuse

Seems many people don't really know about this.. price remain so undervalues.. sapu lah ! haha

Posted by TA_trader > 2017-11-20 11:58 | Report Abuse

Its ok..good opportunity for me to add. Been adding since 1.86

Posted by TA_trader > 2017-11-20 12:03 | Report Abuse

Instead of criticing and complaining. I choose to make the best out of it, that is to make a good profit out of this trade. So i dont care what ppl say about the mgmt, so long it makes financial sense. Let the rest complain while watching how this counter fly.

Posted by TA_trader > 2017-11-20 12:07 | Report Abuse

U all do realise theres a huge q order at around 2.30 right?

Posted by LogicTradingAnalysis > 2017-11-20 12:13 | Report Abuse

Yes, urs ah? haha lets clear RM 2.40 still cheap yummy

Posted by TA_trader > 2017-11-20 12:14 | Report Abuse

Haha nola..i not so rich laaaa