Posted by ocbc > 2023-09-07 11:26 | Report Abuse

Puncak Niaga to Sell Three Plots of Land in Ijok at a Loss for RM306 Mil Cash

Posted by Alwinb > 2023-09-10 12:17 | Report Abuse

Original cost of investment for the 3 pieces of land way back in 2007 was around 90 mil. The lost reported is against 2022 valuation as these properties are under Investment Properties and are thus revalued yearly

Posted by speakup > 2023-09-10 12:34 | Report Abuse

After they sold their water biz, all the proceeds received siphoned out by TS Rozali

Posted by Alwinb > 2023-09-10 12:39 | Report Abuse

Not a fan of Puncak but to say all funds were siphoned out is an overstatenent

Posted by Alwinb > 2023-09-10 12:40 | Report Abuse

Puncak concession business yield more than 1cts per share per quarter

Posted by Alwinb > 2023-09-10 12:43 | Report Abuse

Loss mainly comes from plantation given huge track of land is still unplanted but the 47k hectare land (90% owned by Puncak) was purchased at 470mil which is a good buy

Posted by Alwinb > 2023-09-10 12:45 | Report Abuse

It will continue to bleed Puncak for years to come unless it monetised the planted asset, which is worth a lot more

Posted by nelsonlim > 2023-09-19 09:11 | Report Abuse

Is a matter of time

Posted by YawChong > 2023-09-21 15:52 | Report Abuse

Matter of time to...?

Posted by poxeti6903 > 2023-09-22 16:24 | Report Abuse

https://www.tradingview.com/x/PXxBtBWP/
puncak price target

Posted by Leoleo > 2023-09-25 09:27 | Report Abuse

ong

Posted by Benhobenho > 2023-09-25 09:34 | Report Abuse

Lai liao lo

Posted by q1029384756 > 2023-09-25 16:45 | Report Abuse

=MARKET BUZZ: Malaysia's Puncak Niaga Surges 16%, Closes In On Two-Year High

KUALA LUMPUR (Sep 25) -- Malaysia's Puncak Niaga Holdings surges as much as 16% to MYR0.43, its highest since October 2021, adding to Friday's 8.8% gain. Traders are "very bullish" judging from technical indicators and surge in trading volume, says technical analyst with local brokerage. Notes, Puncak's "gap up" took out out two resistance levels and has since breached more resistance levels with all major moving averages now "turning into support levels." Says, "you should watch for MYR0.435, which is not very far away from where we are right now... if that's breached, then the next resistance is MYR0.465," which is September 2021 high. Adds, RSI and other momentum indicators are in positive territory, but "they haven't gone into overbought territory, so there is still some upside to go." Shares now at MYR0.41. Volume at 23.8 million shares.

Posted by easyjenny > 2023-09-25 17:56 | Report Abuse

Each has voluntarily withdrawn the legal suit against each other

Stuck a deal

Consideration to withdraw the suit, lots of projects will be forthcoming (see the price movement, insiders know)

Puncak is a significant player in its field. Puncak's expertise is needed to improve the nation's water infrastructures

Posted by nelsonlim > 2023-09-26 09:11 | Report Abuse

Huat huat. But ady sold ytd 425

Posted by speakup > 2023-10-12 07:47 | Report Abuse

https://malaysia.news.yahoo.com/klang-valley-taps-run-dry-230000956.html
last time when govt takeover Puncak water biz, they say is to solve issue of water disruptions. but today still the same, no water! rakyat dah kena tipu!
still believe PH? still believe PMX?

Posted by easyjenny > 2023-10-13 15:53 | Report Abuse

HLIB says it is embarrassing to push to promote to investors a "dead" company with its share price so low

Need to do something

Posted by willee2 > 2023-10-16 15:15 | Report Abuse

wait 0.38

Posted by willee2 > 2023-10-16 16:34 | Report Abuse

almosttt

Posted by willee2 > 2023-10-16 17:14 | Report Abuse

haiyaa no 0.38

Posted by MACD > 2023-10-30 09:53 | Report Abuse

Macd h4 just cross up

Posted by Tibbers > 2023-11-08 15:37 | Report Abuse

oooooooo 50sen coming?

Posted by Tibbers > 2023-11-08 15:53 | Report Abuse

waa very panas suddenly

Posted by Leoleo > 2023-11-08 16:05 | Report Abuse

ong ong

Posted by Woodsis > 2023-11-08 16:39 | Report Abuse

What happened?

Posted by 東风 > 2023-11-08 16:41 | Report Abuse

Nothing Happen. Just Goreng

Posted by Leoleo > 2023-11-08 17:21 | Report Abuse

goreng pisang la

Posted by iPlay > 2023-11-08 22:04 | Report Abuse

yahoooooooo............Pesta Air this week😎😎😎

Posted by Cnlim > 2023-11-09 06:45 | Report Abuse

haha puncak is a construction counter not water

Posted by speakup > 2023-11-09 07:46 | Report Abuse

yes puncak only do engineering construction work on water projects. tu saja

Posted by paktua73 > 2023-11-09 09:12 |

Post removed.Why?

Posted by Eagle77 > 2023-11-09 20:59 | Report Abuse

Tomorrow fly ⬆️✅

Posted by saifulniz90 > 2023-11-22 17:08 | Report Abuse

Boleh kah puncak buat rectracement kt harga support 0.365 utk fly balik?

Posted by Leoleo > 2023-11-26 20:36 | Report Abuse

ada ong lagi ga? water stock ada rally
hehe

Posted by Teh Diven > 2023-12-06 12:55 | Report Abuse

Game over is it

Posted by ocbc > 2024-01-03 11:24 | Report Abuse

PBA-PUNCAK-ENGTEX-YLI , BBbbb

Posted by Solomon007 > 2024-01-09 22:50 | Report Abuse

Naik soon

Posted by ocbc > 2024-02-28 17:25 | Report Abuse

PBA-RANDHILL-PUNCAK-ENGTEX-YLI

Posted by Woodswater > 2024-02-29 21:28 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3424621

how come 4️⃣Q2️⃣3️⃣ reported huge LOST so much ❓No wonder price stagnant so long.....

Posted by newbietrader9 > 2024-05-07 17:16 | Report Abuse

interesting to watch

Posted by NRahmat > 2024-05-20 14:52 | Report Abuse

Good news! Should fly to the moon anytime!

Posted by Mazhar3192 > 2024-05-30 17:52 | Report Abuse

Qr out already

Posted by rogers123 > 2024-07-09 12:35 | Report Abuse

Puncak is not related to Water at all

Posted by i7investors > 2024-08-14 04:01 | Report Abuse

Puncak compensated owners for repairs works of houses affected by their previous project. Thumbs up!

Posted by NRahmat > 2 months ago | Report Abuse

Baru bangun tidur

Posted by anghockkeong151177 > 2 months ago | Report Abuse

puncak this share may fly soon with more land sell to improve current asset + lower down current liability

Posted by NRahmat > 2 months ago | Report Abuse

Is this good news or bad news?

Reference is made to our earlier announcement dated 22 April 2024 in relation to the above matter.

Puncak wishes to inform the Exchange that the Company had on even date received a letter dated 15 October 2024 from the Companies Commission of Malaysia notifying that Puncak Patem Konsortium Sdn Bhd (“PPKSB”) had been struck off from the Register of Companies Commission of Malaysia pursuant to Section 550 of the Companies Act, 2016 on 7 October 2024.

Accordingly, PPKSB ceased to be a subsidiary of Puncak on 7 October 2024.

This announcement is dated 15 October 2024.

Posted by awesome20 > 2 months ago | Report Abuse

being long time in downtrend

Posted by Woodsis > 1 month ago | Report Abuse

Most of the plantation companies are making huge profit with the good FFB price now, why is Puncak still bleeding with down trend production volume? Something is very wrong with the management

Posted by NRahmat > 3 weeks ago | Report Abuse

TP 10%