r°Moi The selling price probably depends on how well Rozali manage to explain the nature of concession assets of Triplc. Let's wait for 2 more months. I hope Puncak take the whole company rather than just the concession.
I am not sure if after this RPT Puncak would then approach Menang for their concession assets as well. These are just like tolls but people are not aware of it and therefore less social pressure.
Think many shareholders of Triplc wont mind to accept a deal at the price RM 3 which is 30% above NTA. It's still very attractive in the eyes of Puncak. Lol
Puncak lousy company. But i specualte this stock knowing this muther fuker mkney digger. He will sure offer high high price to takeover this company for own pleasures.
not really, they can always justify their price. NTA RM150m - land (RM40m in the books) + new contract (RM600m x % margin). even at RM3, it's only about RM200m, nothing compares to their RM1b cash. but I agree it's not good news for Puncak and its shareholders.
you can always sell and come back. just be ready to accept it if the price doesn't go down (or the window could be so small you miss it). Heed your own profit target and don't fall for greed. Others' opinion is their biz
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....
paperplane2016
21,680 posts
Posted by paperplane2016 > 2016-06-28 17:20 | Report Abuse
buy little to speculate only.