Posted by jayloh > 2016-06-13 02:34 | Report Abuse

@ckk2266 I agree with u but still need to be careful. if they want to ensure the deal good through, they have to take care of Puncak shareholders' feelings as well. Puncak shareholders might not see the value of Triplc as you and I do

Posted by jayloh > 2016-06-13 02:43 | Report Abuse

@littlelolita direct translation is correct but I do not agree with some of the points.

2) the cash may not be meaningful as they may be held at the subsidiary level. if they sell the subsidiary, the cash goes with it. same as the RM200m+ debt. it is not a net cash company, at least not now
4) the agreement signed was only HOA. no matter how unlikely we think, there is always some risk that nothing may happen in the end as it is not legally binding. the price is also not confirmed yet.

if u r interested, I did value Triplc at net cash in my article and all my assumptions are stated there. u may refer there and make your own conclusions

Posted by jayloh > 2016-06-13 02:52 | Report Abuse

another wild guess of mine is, because it will take quite a lot to explain to Puncak shareholders, Puncak may just ask a valuer to value the contracts, maybe one of the big 4 or other accounting firms. best case scenario, their hands are tied by the assumptions disclosed in the annual report (discount rates, cashflows etc which I used in my valuation) so they have to come up with a value close to mine. then everybody huat ah!

Posted by davidkkw79 > 2016-06-13 08:38 | Report Abuse

Yes, totally agree with jayloh. His sharing and calculation definitely is professional level and more realistic and true. His calculation and study part has totally convinced me.

Posted by Richard Wong > 2016-06-13 11:33 | Report Abuse

Hi Jayloh, Triplc Venture and Triplc Medical is owned by Triplc, if both both subsidairy company sale to Puncak, the cash will flow into Triplc. Isn't it?

Posted by lcwin > 2016-06-13 14:25 | Report Abuse

Just another 2 cents opinion here
This stock is fully cornered by Rojadi n gang for sure. No liquidity ( volume )unless this buayas sell.
So remember what I said here when you decide to play with Buayas.
U guy should also think like how a buaya behaves so u move accordingly.
Me I not interested so u guy good luck playing. Clean your ass he definitely like it dari belakang one. Hehehehe....

Posted by jayloh > 2016-06-14 00:14 | Report Abuse

@richard wong to answer your question, the disposal consideration may take into account the cash level of the subsidiary. but when you sell a company, all assets and liabilities go with the transaction. e.g. a subsidiary can have asset 100m (of which cash 50m), liability 50m, equity 50m. buyer and seller can agree to transact at 60m. then the seller gets 60m cash proceeds from the disposal but the 50m cash in the company he sold will now legally belong to the buyer, same thing for other assets and liabilities in the company. so cashflow from disposal and the original cash inside the subsidiary are 2 separate things

Posted by jayloh > 2016-06-14 00:17 | Report Abuse

@lcwin in principle i agree with u. but in this case, buayas have self interest as well. so when buayas interest are aligned with us, we just play alongside them but that doesn't mean we trust them

Posted by jayloh > 2016-06-14 00:20 | Report Abuse

i'm just gonna put another wild prediction here (don't hold me to it). if one day suddenly this counter price shot up, that means good news is near, just buy. after good news announced, sell next day at opening bell (should earn a little bit) as that will be the short term peak. for those greedy ones can always pick it up again on retracement

Posted by Ckk2266 > 2016-06-14 08:30 | Report Abuse

Once the deal is concluded....TRIPLC will be chase limit up....keep my finger cross....

Posted by jayloh > 2016-06-14 22:37 | Report Abuse

haha fingers crossed here as well

Posted by Ckk2266 > 2016-06-16 10:43 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5124125
ESOS is selling for quick profit?

Posted by YOLOOOO > 2016-06-16 14:14 | Report Abuse

I think so CKK2266

Posted by jayloh > 2016-06-16 14:21 | Report Abuse

most likely, just flip for quick buck. that's why I assumed 10% maximum ESOS issued when I calculate the fair value (very conservative, unlikely to happen) because you know these crooks surely want to benefit themselves as well. we can expect more issuance all the way until completion, if it happens

Posted by jayloh > 2016-06-16 14:30 | Report Abuse

it's a healthy consolidation today. only worry if price down and volume spiked up

Posted by Ckk2266 > 2016-06-17 13:32 | Report Abuse

I have written couple of email to TRIPLC's IR enquire regarding Hospital construction progress status, unfortunately no reply.

Posted by davidkkw79 > 2016-06-20 22:28 | Report Abuse

Tomorrow start to buy in, pls don't grab with me. :)

Posted by Up_down > 2016-06-21 16:10 | Report Abuse

David. You are very confident in commanding the price movement. Haha

Posted by Ckk2266 > 2016-06-21 16:18 | Report Abuse

Ya..David lihai

Posted by prescott2006 > 2016-06-21 17:53 | Report Abuse

Nice volume!

Posted by YOLOOOO > 2016-06-21 19:01 | Report Abuse

NICE!! GOOD new is near?

Posted by davidkkw79 > 2016-06-23 23:49 | Report Abuse

Revised my target price to RM 3 above. :)

Posted by davidkkw79 > 2016-06-24 09:00 | Report Abuse

Noisy can pls go away.

Posted by Ckk2266 > 2016-06-24 09:27 | Report Abuse

David give U " LIKE "

Posted by Up_down > 2016-06-24 09:55 | Report Abuse

Don't play play. David will show you his power later.

Posted by Up_down > 2016-06-28 10:06 | Report Abuse

Price up slowly and steadily even though facing Brexit news. It is still below NTA.

Posted by jayloh > 2016-06-28 10:28 | Report Abuse

less than 2 months to go

Posted by deric123 > 2016-06-28 10:54 | Report Abuse

less than 2 months to?

Posted by chonghai > 2016-06-28 11:29 | Report Abuse

2 month more to puncak's pircing and payment method for asset purchase.

Posted by prescott2006 > 2016-06-28 11:38 | Report Abuse

Sold all @ 1.91, 3 years highest. 60% return in 9 months. Good luck guys!

Posted by Up_down > 2016-06-28 11:39 | Report Abuse

Just started breaking new high. Momentum is getting stronger. Congrat to the strong holders.

Posted by Ckk2266 > 2016-06-28 11:45 | Report Abuse

YESSSS!!!!!!

Posted by Ckk2266 > 2016-06-28 11:57 | Report Abuse

Volume spiked up...good sign

Posted by deviljordan > 2016-06-28 13:12 | Report Abuse

just break new high in this shit market. only means one thing ~ stronk stock!

Posted by deric123 > 2016-06-28 14:50 | Report Abuse

looking at the movement maybe the news could be announce today?

Posted by prescott2006 > 2016-06-28 15:07 | Report Abuse

woah, so powerful. regret selling.haha

Posted by chonghai > 2016-06-28 15:16 | Report Abuse

News not so early. Should be end of August.

Posted by chonghai > 2016-06-28 16:24 | Report Abuse

To be exact, 18 of August.
http://www.puncakniaga.com.my/data/Announcement/18042016/HOA.pdf

Posted by chonghai > 2016-06-28 16:25 | Report Abuse

To be exact, 18 August.
http://www.puncakniaga.com.my/data/Announcement/18042016/HOA.pdf

Posted by jayloh > 2016-06-28 16:33 | Report Abuse

18 Aug is deadline (assuming no delay). those interested should position latest before end July

Posted by little_snake > 2016-06-28 16:33 | Report Abuse

calvintang removed his post? omg omg omg... sell call... the more sell call he give, the higher share price it has... omg

Posted by jayloh > 2016-06-28 16:41 | Report Abuse

without puncak, this company is just a value trap. so those who say it's overvalued may have their point, but just didn't consider the current circumstances

Posted by davidkkw79 > 2016-06-28 17:01 | Report Abuse

jayloh, you are too kind, but maybe you are not fully know that holland master calvintan. He is not really care overvalued or be cautious....He is just a mean loser and jealous lar. He like to pretend to be as a master.

Posted by little_snake > 2016-06-28 17:03 | Report Abuse

holland calvintan is good... he is good trader, without him, we unable make tis much money from market XD

Posted by chonghai > 2016-06-28 17:10 | Report Abuse

r°Moi Depending on the selling price of these assets. Valuation of assets should be out anytime between now and 18 August. Puncak is now loaded with cash.

Posted by YOLOOOO > 2016-06-28 17:13 | Report Abuse

Ini kali lah

Posted by paperplane2016 > 2016-06-28 17:15 | Report Abuse

20years concession, every yr yielding around 20-30mil, if wanna buy such long assets, how much you think he offer?

RM20milx15years-300mil to 400mil?

300mil offer/72mil shares of TRIPLC maybe RM4?

Posted by paperplane2016 > 2016-06-28 17:15 | Report Abuse

300mil by the way to PUNCAK sap sap sui

Posted by paperplane2016 > 2016-06-28 17:16 | Report Abuse

TRIPLC going sell land and get 140mil, few more lands in hand. You think Tan Sri....will offer what price

Posted by YOLOOOO > 2016-06-28 17:17 | Report Abuse

Plane also got buy triplc?